The stock market can be an extremely risky game. On some days, you may be reaping the benefits of positive and satisfactory numbers. However, on other days it could be the reverse and it could be very difficult to return to where you were at your most productive. If you find yourself always in the mud, you will have be aware that relying solely on instinct and survival might not be enough.
If you’ve experienced losses from time to time You’ll need sound advice from tried-and-tested trading experts. You’re also gonna need a significant boost from your trading partners from all over the world, which is why we’ve identified an option that can help you to improve your performance in the industry. In this review, we’ll take the time to look at Profit.ly is a well-known 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. To get a comprehensive overview of Profit.ly, you may still want to check out our article below.
Overall Rating: 4.1/5 Tradezero Profitly
Value: 4.1/5
Quality: 4.1/5
Costs: 4.1/5
The User’s Experience 4.5/5
Summary
Profit.ly offers an internet-based trading service that permits traders of all levels to be informative and accountable, as well as transparent and encouraging each other by offering a wide range of features and tools including chat rooms, trade verification as well as an extensive library of educational material.
How do I define Profit.ly?
Profit.ly is a trading website that serves both as a learning and education platform for traders who are starting out as well as a place for traders who are experienced to monitor their performance with the help of sophisticated analytics tools. Providing users with a wide variety of tools to facilitate trade and communication, it helps traders from every field of business connect with each other. It offers gurus with worthy investments within the boundaries of this platform. Think of it as an online social media platform similar like Facebook and Reddit but with a focus on experts and traders.
Profit.ly independently checks the performance of trades and then publishes the information from them in the style of leaderboards. The platform’s trading model is based on transparency and honesty: it makes sure that transactions are legitimate and will not accept fake news as long as possible. It was founded in the past by penny stock trade expert and investment expert Timothy Sykes, along with his colleague Michael Mosseri.
In an interview with Forbes magazine, Sykes declared that Profit.ly was driven by its focus “on the transparency of the entire spectrum of trades, something which has never been previously done.” The concept was, he said, serving two purposes: 1) creating public track records for everyone, not just the experts, but also the newsletter authors and students and secondly) giving everyone on the platform to be enlightened by both the wins and losses to the benefit of the trading industry. Tradezero Profitly
How Does It Perform?
Profit.ly utilizes a subscription model which allows stock traders to have access to a range of features and services aimed at achieving the success of their business. It is possible to create an account on the site for free, but you’re only limited to having access to the leaderboard and observe the actions of non-gurus. If you’re ready to invest your money to see which stocks the gurus are trading in real time, you will need to sign up to one of Profit.ly’s offers, which we will go over shortly.
Setting up an account is simple: Create an account that includes your personal information and skills, join to your brokerage account and you have yourself the chance to climb your way to the top of the leaderboard. Profit.ly’s leaderboard feature, as previously mentioned it is designed to provide its users a glimpse of their performance as a trading group and its gurus. It’s not just a way to show that you’re worthy to the group of traders. You are also able to use Profit.ly to buy from a guru with the confidence that you are confident of their knowledge and the legitimacy of their claims.
If you feel uneasy with the idea of sharing your brokerage account, then you could opt to post your trades, verified or not, via pictures. In Profit.ly are a variety of trading courses and the capability to see stats in a trader’s profile as well as other ways to connect with your gurus via chatrooms in addition to text and e-mail alerts and updates.
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Meet Tim Sykes, the founder: Tim Sykes
Timothy Sykes is a well-renowned day trading personality who has been famously known for delving his hands into penny stock trading. According to Investopedia the term “penny stock” refers to a small-sized company’s stock which trades at just less than 5 cents per share. The trading of penny stocks is a stepping stone for small businesses to transition to a large marketplace as it gives them access to capital from the general public. But don’t be mistaken – it’s also a high-risk game, which Sykes will be able to tell you through his many years of expertise.
From his beginnings in his late years in the high schools, Tim Sykes has, since then, earned over $6 million of profits throughout his illustrious career as trader. At the age of 25 Sykes was given greater exposure and an even wider impact when he was a part of the reality TV show “Wall Street Warriors.” He then took advantage of it to develop trading rooms, penny stock themes, and educational material aimed at those who are just beginning to learn about the trading field. He also helped establish Profit.ly as a place for transparency, and for the community to lift each other up and compete on the platform.
The Profit.ly Gurus
One of Profit.ly’s amazing features is the variety of educational tools, trade alerts as well as other useful information provided by the platform’s in-house gurus. Gurus are referred to the experts in trading who have made significant amounts of profit from their combined years of knowledge. Tradezero Profitly
At its peak, Profit.ly had housed up to five gurus, each of them a pro in their niche within the world of trading. Some of the prominent experts included Connor Bruggermann, Nathan Michaud of Investors Underground, and Triforce, among a few others. At the time of writing there are only two gurus who remain on the platform: Founder as well as penny-stock trader 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 offers.
From Tim Sykes Tim Sykes: Tim’s Alerts
Sykes offers an essential stock trading service with the main priority being penny-stock day trading via Tim’s Alerts. Costing $74.95 for a month you’ll be able to see him focus on the basic stock catalysts and employ them to anticipate the next possible moves in making trades.
A standalone purchase from Tim’s Alerts will get you access to the chatroom as well as the mobile app that’s available on iOS and Android devices; email, text, and push alerts; as well as a daily watchlist of stocks.
from Tim Sykes: The Pennystocking Silver Package
Pennystocking Silver is the premium version that has been upgraded of the Tim’s Alerts program. It costs $149.95 for a month it is the perfect plan for those who are committed to the penny-stock market. Pennystocking Silver includes all the basic features found in the previous plan, which includes swing trading alerts as well as unlimited access to a library of over 7,000 educational videos and new videos released weekly.
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From “Superman” Paul Scolardi: Superman Alerts
Scolardi who goes under the name “Superman,” is a professional in swing trading with an eye for both massive stocks of the small-cap size and insanely accurate marketing forecasts. Since the time he started trading, Superman has amassed over $5.5 million in trading profits. Tradezero Profitly
The Superman Alerts plan is his package of vital features and trading alerts targeted to those interested. For just $147 per month, you’ll have an access to the day-to-day premarket stock watchlist along with the mobile app, daily market commentary in real-time, and E-mail and SMS alerts.
The film “Superman” Paul Scolardi: Superman Pro
For $247 per month, you can enjoy additional features, as well as access to an extensive base of knowledge of information provided by Superman himself through his Superman Pro package. On top of the essentials that are included in the Alerts package, Superman Pro gives you weekly video lessons, including a growing library of all the previous ones. On top of that, you’ll also get the ability to access premium reports on research as well as an IPO as well as earnings tracking tool.
Profit.ly plans and costs
If you’re eager to join the world of online trading and leave a mark in the market, Profit.ly has the right amount of resources to get you up and running. Profit.ly offers three membership levels that are designed to accommodate traders with different levels. Let’s break down what these three levels are and what they will cost you.
Novice Plan
This package for novices is Profit.ly’s entry-level plan designed especially for those who are new to the trading community. As you sign up for this plan, you will be immediately offered a range of strong and indispensable trading tools, all one of them essential in keeping your fingers on what could call a ruthless process in and of itself.
Some of the features you can accomplish with Profit.ly’s Novice package include the ability to confirm the results of your trades and track profit; leading, following, and even messaging other traders; and leaving feedback on today’s trades. You’re also allowed to get onto leaderboards; study, sort, and filter your trades and lastly, look at other people’s statistics.
The Novice plan is $29.95 per month. Although it looks attractive just by the price but there’s a disadvantage. You can’t create a private profile, which makes your personal information public. If you’re interested in get the benefit of this service, you should stay tuned as we introduce to you Profit.ly’s new plan.
The Trader Plan
The Trader package allows you to take advantage of many of the features of the novice plan. It is in this plan that you are able to create a private profile to share with fellow associate users all your knowledge and intel in this trading group.
The price is $49.95/month, Profit.ly’s Trader plan is exactly what it says caters for those looking to harness their trading skills. As nice as it seems, there is one significant element that’s missing. In contrast to the Novice package, you won’t be able to view other traders’ statistics, which might be a drawback for those anticipating this level. Tradezero Profitly
Pro Plan
The Pro plan is the highest expensive plan Profit.ly offers to experienced traders. At $74.95 per month, and an additional 22% discount for billing annually, this tier has it all. You get full, no-holds-barred access to all the features from the two previous plans combined.
In addition, you’ll be able to look at other people’s statistics and data, but you also have the option of creating your own private profile. These two features are plus the other advantages that you can utilize to their fullest capacity. If you’re in search of an option that gives you with everything you require as trader with experience, the Pro tier could be for you!
Profit.ly’s Other Services
Apart from the trainer tools and leaderboards, Profit.ly has a few additional services that it can provide. One of those is its online store, which allows users to select from a variety of videos that are designed to educate and provide guidance on the nuances and pitfalls of trading. The products listed on this page of the site can be immediately purchased for personal use. Some of these include bestsellers such as the “Trading Tickers” series from trading specialist Tim Grittani, Timothy Sykes’s library of DVDs and streaming-only content related to penny stocking, short stocking, and other aspects of trading. There are also clips and footage taken from the Annual Pennystocking Conference, and items from other experts in trading.
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The chat rooms that are integrated are also part of Profit.ly’s range of features and services. You are probably familiar with the chat room since you will see it on messaging and social platforms, in addition to a few special websites that offer live chat assistance. However, in Profit.ly the chat room is viewed as a real-time place where gurus and their members can interact and share knowledge in real-time. Every guru has their own style in operating their chat room and in dealing with the members. Some may be a laid-back person who is less active, while another might be more active and in touch with their students. Consider chat rooms like Profit.ly’s version of a forum, in its essence.
Who is the Ideal trader to Profit.ly?
Profit.ly’s variety of offerings and features are geared towards an array of stock traders, from novices to the most experienced. Given the wide range of options it can provide this platform definitely has something for all.
Newbies, for instance, will appreciate Profit.ly’s collection of educational materials available across the platform. In addition, they will get daily videos and chat room tips from its in-house gurus and their members. They’ll also be able choose from the items in its online store for them to take wherever they may travel. Additionally, they can gain practical experience trading on the platform, but ultimately, they will soon learn that trading is a high stakes game that shouldn’t be taken as an amusing pastime.
For those traders who have had years of exposure down the line, we believe Profit.ly equally suited to them as people who are just beginning. While novice traders may not be as proficient in managing trading but the experts already know the way it functions and the risky mix that come with it. In the ideal scenario, they can utilize Profit.ly’s range of features to their full advantage to improve their skills in trading. As beginners, they are able to learn from the experts as well as experts, and take advantage of short tips and tricks along the way.
Profit.ly’s “all-inclusive” nature doesn’t just apply to newbies as well as semi-seasoned traders. Experts who have been verified can also participate in the excitement! Those in the trading industry who are on similar levels to Superman as well as Tim Sykes can also use the power of Profit.ly’s capabilities to display their expertise to other traders in order to assist them in the ever-changing trading process. Tradezero Profitly
Profit.ly’s Pros and Pros and
The Pros
- Profit.ly’s many capabilities as a “one-stop” platform for trading stocks allows it to provide traders everywhere with a wealth of education, communication, and trading tools
- You get to be taught by experts and tips from the in-house gurus, including collections of educational videos as well as real-time trading activities
- You’re guaranteed transparency throughout Profit.ly with accurate analytics as well as other traders who are ready to reach you out if something occurs.
- The leaderboard feature of the platform offers you the chance to establish your reputation as a reliable and dependable trader
- Apart from its main abilities, Profit.ly also gives its customers extra options that can be tailored to their preferences, such as posting unauthentic trades via photographs
- 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 products offered may seem overwhelming for the majority of its users
- Since traders can choose to make any type of trade, there is the possibility that some of them may take advantage by cherry-picking the best trades to improve their ratings – this may be a risk that shouldn’t be overlooked.
- Profit.ly will not allow refunds as the premium customers are expected to immediately benefit from the many services that the platform can offer
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The Final Verdict is: Is Profit.ly Valued?
If we could come up with an answer to this question, it’s a ‘yes’. But it is important to realize that the platform should not be used as a scheme to get rich quick. It wasn’t intended to be created to achieve this goal. Instead, you should have an open mind. Tradezero Profitly
What we do mean”yes” is that it can be a great learning tool. Those who may be stuck might discover Profit.ly’s variety of resources helpful as they do their best to incur lesser losses and perform better than they did before. It’s not just the struggling traders that will profit from the platform. It can accommodate beginners and even experts in the field!
If you truly desire to be more successful in trading and would like to be taught by your peers and experts along the way, then take a look at Profit.ly. Profit.ly could be a good alternative to start.
FAQ Tradezero Profitly
How can you make use of Profit.ly to publish your trades?
Profit.ly offers the option of allowing trade entries within the My Trade section of the dashboard. It lets you record your trades, verifiable or not. You may choose between three options:
- Linking your account to the broker of choice and import transactions directly through there
- Manually entering your trades using specified spaces and information.
- Upload a screenshot of your transactions
How do I know if the trade is verifiable or not?
If you buy your trade through a reliable brokerage, there’s the probability that it’s verifiable. This is shown by the blue check mark. If you post it manually or through pictures, it will be assigned as unverified.
The disadvantage of an unverified trade is the risk of getting downvotes from your friends and colleagues. If you receive too many negative votes, it could result in you appearing on the Madoff leaderboard, where people are able to identify who is dishonest in posting trades.
Does the Profit.ly mobile app still in use?
As of this writing, Profit.ly is still available to download via the Apple App Store and the Google Play store. The mobile version of the app works with all operating tablets and smartphones.
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 assist each other to grow and learn more about acquiring opportunities on the stock market all over the world.
