Stock trading is an extremely risky game. Some days, you could be reaping the benefits of positive and satisfying numbers. However, on other days, the opposite may happen and it can be extremely difficult to return to the point you were at your most productive. If you are immersed in the water You will need to realize that relying on your instincts and preserving might not be enough.
If you’ve been incurring losses from time to time You’ll need reliable advice from tested and tried trading experts. Additionally, you’ll require a significant boost from your colleagues in the market from all over the world, which is why we’ve found an option that can help you to improve your performance in the market. This review will be taking a look at Profit.ly, a well-recognized single-stop social platform to trade!
For those of you who prefer a more visual experience, here is a video review from Mark Gossage’s YouTube channel. Do check out our article below, however, because it has a comprehensive overview of Profit.ly.
Total Rating: 4.1/5 Timothy Sykes Miami Beach Office
Value: 4.1/5
Quality: 4.1/5
Costs: 4.1/5
User Experience: 4.5/5
Summary
Profit.ly can be described as an online platform for trading that permits traders of different levels to be knowledgeable responsible, transparent, and encouraging one another through its wide variety of tools and features like trade verification, chat rooms and a rich library of educational content.
What is Profit.ly?
Profit.ly is a trading site which serves as a learning and education platform for traders who are starting out as well as a place for traders with experience to keep track of their performance through the use of advanced analytics tools. It provides users with a vast array of options for trade and communication and letting traders from all walks of life connect with one another. It also allows gurus to make worthwhile investments within the confines of the platform. Imagine it as the social media equivalent like Facebook and Reddit, but for professionals and traders.
Profit.ly independently validates trade performance and then publishes the information from them in the style of leaderboards. The trading platform is built on trust and transparency. it guarantees that the trades are authentic and won’t allow for fraud as much as possible. It was created many years ago by penny expert in stock trading and investment guru Timothy Sykes, along with his colleague Michael Mosseri.
One time during his interview for Forbes magazine, Sykes declared that Profit.ly was motivated by its focus “on showing all trades, something that was never prior to.” This idea was, he said, serving two objectives: one) making public records for not just the gurus, but also the students and newsletter writers as well as) giving anyone on the platform to learn from both losses and wins to the benefit of the trading industry. Timothy Sykes Miami Beach Office
How Does It Perform?
Profit.ly follows a subscription-based model that allows stock traders to gain access to a multitude of tools and services that are geared towards achieving achievement. You may set up an account on the site at no cost, however you’re only limited to having the ability to navigate through the leaderboards and monitor the actions of non-gurus. If you’re looking to invest your money to see what stocks the experts are trading in real time, you will need to join one of Profit.ly’s offers that we’ll review in the coming days.
Setting up an account is simple: Create an account with your experience and skills, join to your brokerage account and you’ll be given a chance to shoot through high on the leaderboard. Profit.ly’s Leaderboard function, which was previously mentioned was designed to offer its users a look at how the community of traders performs as well as its experts. It’s not only a chance to demonstrate your worth to a large group of traders, but you are also able to use Profit.ly to purchase from a guru with the assurance that you’re comfortable in their skills and the veracity of their claims.
If you feel uneasy with the concept of leaking information about your account with a brokerage, you can opt to post your trades, whether verified or otherwise, through photographs. Included in Profit.ly are a variety of trading courses as well as the ability to look at statistics on a person’s profile as well as other ways to connect with your gurus via chatrooms along with text and e-mail alerts and updates.
> > Click Here to Check Out Profit.ly < <
Meet the Founder: Tim Sykes
Timothy Sykes is a well-renowned day trading personality who has been famously known for his efforts in the penny-stock market. According to Investopedia Penny stock refers to a small-sized company’s shares that trade for under $5 for each share. The penny stock market could be viewed as an avenue for small-scale businesses to make the transition to a large marketplace as they can access capital from the general public. But don’t be mistaken – it’s also a high-risk game, which Sykes can surely tell through his many years of expertise.
Since his initial beginnings in the latter years of high school, Tim Sykes has, since then, made an estimated $6 million profit throughout his illustrious career as trader. When he was 25 years old, he had been given greater exposure and a larger influence over time when he was a part of the reality show “Wall Street Warriors.” Then, he used the opportunity to create trading rooms and penny stock themes and educational material aimed at those who are new to the trading field. He also played a role in establishing Profit.ly as a place of transparency, and for the community to lift each other up and compete against each other through the platform.
The Profit.ly Gurus
One of Profit.ly’s sweet inclusions is the variety of education sources, trade alerts and other helpful stuff provided by the company’s internal gurus. These gurus refer to the experts in trading who have earned substantial profits from their collective years of expertise. Timothy Sykes Miami Beach Office
At its peak, Profit.ly had housed up to five gurus. Each of them an expert within their particular field within the world of trading. Some of the prominent experts included Connor Bruggermann, Nathan Michaud of Investors Underground, and Triforce as well as a handful of others. As of this writing, however, only two gurus remain on this platform: the founder of the penny stock market Tim Sykes and veteran smallcap swing trader Paul Scolardi, also known as Superman. With that taken into consideration we’ll take a look at the packaged offers each guru can offer.
From Tim Sykes: Tim’s Alerts
Sykes provides an essential stock trading service with the main priority being penny-stock day trading via Tim’s Alerts. Costing $74.95 monthly, you’ll be able to see him concentrate on the fundamental stock catalysts and use them to anticipate the next move that is possible when making trades.
A single purchase of Tim’s Alerts will get you access to the chatroom, as well as the mobile app available for iOS and Android devices; email, text, and push alerts; and a daily stock watchlist.
from Tim Sykes: The Pennystocking Silver Package
Pennystocking Silver is the premium version, with an upgraded version of Tim’s Alerts program. Priced at $149.95 per month, it is a great option for investors who are involved in investing in penny stocks. Pennystocking Silver includes all the basic features of prior plans, including swing trading alerts as well as unlimited access to a library of over 7,000 educational videos, with new ones released weekly.
> > Click Here to Check Out Profit.ly < <
From “Superman” Paul Scolardi: Superman Alerts
Scolardi, who goes by the name “Superman,” is a trader who has an eye for small-cap monumental stocks and crazy-accurate marketing forecasts. Through the years since when he first started trading, Superman has amassed over $5.5 million in trading earnings. Timothy Sykes Miami Beach Office
The Superman Alerts plan is an offer of the most essential features and trading alerts targeted to those interested. For just $147 per month, you’ll have access daily premarket stock watchlist and the mobile app, daily market updates in real time, and email and SMS alerts.
The film “Superman” Paul Scolardi: Superman Pro
For $247 per month, you can enjoy additional features and access to a knowledgeable base of information provided by Superman himself through Superman Pro. Superman Pro package. On top of the essentials that are included in the Alerts plan, Superman Pro gives you weekly video lessons, including an ever-growing library of previous lessons. In addition, you’ll also get access to premium research reports and an IPO as well as earnings tracking tool.
Profit.ly Programs and Costs
If you’re ready to join the trading community on the internet and make a mark on the market, Profit.ly has the right amount of resources to help you up and running. The platform has three membership levels that are designed to accommodate traders with different levels. Let’s look at what the three are and how much they will cost you.
Novice Plan
The package called Novice is Profit.ly’s entry-level plan designed especially for people who are brand new to the world of trading. Once you have signed to this plan, you will be immediately given a slew of robust and indispensable trading tools, each of them integral in keeping your fingers on what call a competitive process in and of itself.
Some of the features you can accomplish with Profit.ly’s Novice program is the ability to confirm trades and track profits and follow-up, leading and even texting your fellow traders; and giving feedback on the trades of today. It also allows you to be on leaderboards, analyze, sort, and filter your trades and, lastly, view the statistics of other traders.
The Novice plan costs $29.95 per monthly payment. Although it might look appealing for the price alone but there’s a disadvantage. It isn’t possible to create a private account, making your personal information public. If you do want to have the benefit of this service, keep an eye on us as we present to you Profit.ly’s next plan.
The Trader Plan
The Trader package lets you to take advantage of many of the features of The Novice package. It is in this plan that you can create a private profile to share with fellow associate users all your knowledge and intel in this trading group.
Costing $49.95/month, Profit.ly’s Trader plan is exactly what it says catering to those who desire to improve their skills in trading. As nice as it seems, there is one significant aspect that’s not included. As opposed to the prior Novice package, you won’t be able to see other traders’ stats that could be a problem for some who may be eager to try this new tier. Timothy Sykes Miami Beach Office
Pro Plan
The Professional plan can be described as the most luxurious package Profit.ly can offer to experienced traders. It costs $74.95 per month, with 22% off for annual billing, this tier has it all. It gives you full, unlimited access to all features of the previous plans.
Not only do you get to see other users’ stats and data, but you also have the chance to create a private profile. Both of these options, in addition to the advantages that you can utilize to the fullest potential. If you’re in search of an account that will give all the features you need to be a skilled trader, maybe the Pro plan is for you!
Profit.ly’s Other Services
In addition to the training tools and the leadersboards Profit.ly provides a variety of more services it has to provide. One of them is the online store, which allows users to choose from a wide array of instructional videos that are created to help you understand the nuances and pitfalls of trading. The products listed in this section of the website is available to be bought immediately for your personal use. Among these products include best-sellers like the “Trading Tickers” series by trading specialist Tim Grittani, Timothy Sykes’s collection of DVDs, streaming-only content about short stocking, penny stocking, and other things trading-related, clips and footage taken from the Annual Pennystocking Conference, and other products by expert traders.
> > Click Here to Check Out Profit.ly < <
The chat rooms that are integrated are included in Profit.ly’s variety of services and features. You are probably familiar with the concept of the chat room as you will see it on messaging and social platforms, and also on a few specialty websites that provide live chat support. However, in Profit.ly the chat room is viewed as a real-time area where experts and members can interact and learn in real time. Every guru has their own way when it comes to running their chat room and dealing with the members there. Some may be laid back and less active, while another might be more online and communicative in their interactions with students. Think of chatrooms as Profit.ly’s version of a forum, in essence.
Who is the best trader to Profit.ly?
Profit.ly’s diverse range of products and features cater to an array of stock traders, from novices to experienced professionals. Considering the number of offers it has to offer it is certain to have something for all.
For instance, newbies can take advantage of Profit.ly’s library of learning content offered throughout the platform. Not only will they be enriched with weekly videos and chat room advice from its in-house gurus and their members. They’ll also be able to select from the products from its online store to carry with them wherever they go. You can also get hands-on experiences from trading within the platform, however they’ll be able to realize that the process is a high-stakes game that shouldn’t be treated as an opportunity to make fun of.
For those traders who have had many years of experience down the line, we see Profit.ly equally suitable to those who are just starting. While the newbies may not be as well-equipped with managing trading, the pros already understand how it works along with the stack full of risks that come with it. In the ideal scenario, they can utilize Profit.ly’s variety of features to their full advantage to develop their trading abilities. Like beginners, they can study from the gurus as well as experts, and take advantage of quick tips and tidbits along the way.
Profit.ly’s ‘all-together’ nature isn’t limited to novices and semi-experienced traders. Experts who have been verified can also participate in the fun! Trade professionals who are on an equal level with Superman as well as Tim Sykes can also use up Profit.ly’s capabilities to display their skill to others in order to navigate them through the ever-changing trading process. Timothy Sykes Miami Beach Office
Profit.ly’s Pros and Pros and
The Pros
- Profit.ly’s many capabilities as a “one-stop’ stock trading platform enable traders across the globe with tons of learning communications, trading, and communication tools
- You get to be provided with excellent lessons and insights from its internal experts, which include libraries of educational videos and trading in real-time.
- You can be sure of complete transparency through Profit.ly with precise analytics and fellow traders who are ready to reach you out whenever something happens
- The leaderboard feature of the platform offers you the opportunity to increase your credibility as a trustworthy and verifiable trader
- Apart from its core capabilities, Profit.ly also gives its customers extra options that can be tailored to their needs, like posting trades that are not authentic by taking screenshots
- Profit.ly’s wide array of subscription levels and guru packages are priced at a reasonable cost There’s something for all
The Cons
- Profit.ly’s abundance of packages and services offered could be too much for the majority of its users
- Since traders can choose to open any kind of trade, there’s the possibility that some of them will profit by picking the most profitable trades to increase the rating – this may be a concern that should not be simply overlooked
- Profit.ly does not offer refunds as the premium customers are expected to immediately take advantage of the numerous services that the platform can offer
> > Click Here to Check Out Profit.ly < <
The Final Verdict: Is Profit.ly Valued?
If we could come up with an answer to this question, it would be an affirmative “yes”. However, you must realize that it shouldn’t be treated as a get-rich-quick scheme. The platform was not always meant to be designed to achieve this goal. Instead, you should have curiosity. Timothy Sykes Miami Beach Office
What we mean by ‘yes’ is that it could be a useful learning tool. Those who may be stuck could be able to find Profit.ly’s variety of resources helpful as they do their best to incur lesser losses and be more successful than they did before. Not only poor traders that can benefit from the platform. It can accommodate beginners and even experts in the field!
So, if you genuinely care about being better at trading and wish to be taught by your peers and experts along the way, then take a look at Profit.ly. Profit.ly is a fantastic option to begin.
FAQ Timothy Sykes Miami Beach Office
What are the best ways to use Profit.ly to post your trades?
Profit.ly has the option of allowing trade entries under the “My Trade section of the dashboard which lets you record your trades that are verified or otherwise. There are three choices:
- Linking your account with your brokerage of choice and importing the trades from that directly
- Manually entering your trades into provided spaces and specifics
- Take a photo of your trades
What can I do to determine whether the trade can be verified or not?
If you purchase your trade through a reliable brokerage, there’s a high likelihood that it can be verified. This is shown by the small blue check. If you upload it in a manual way or by taking screenshots, it will automatically be assigned as unverified.
The disadvantage of an unverified trade is the risk of receiving downvotes from friends and colleagues. Too many downvotes may cause you to be listed on the Madoff leaderboard, where people can see who’s fraudulent in posting trades.
Are the Profit.ly mobile app still available?
As of the moment, Profit.ly is still available to download from the App Store for Apple and on the Google Play store. The mobile version of the app is compatible with most working smartphones and tablets.
How many people are on Profit.ly?
Profit.ly currently houses more than 150,000 investors and traders, because they are not just trying to maximize profits but also to help one another learn and improve in acquiring stock market opportunities both right and left.
