Stock trading can be an exciting game with high stakes. On certain days, you might have the benefit of positive and satisfying numbers. On other days, however it could be the reverse, and it may sometimes be very difficult to get back to where you were at your peak. If you find yourself constantly stuck in the gutter, you will have to recognize that relying on pure instinct and preservation may not always be enough.
If you’ve experienced occasional losses and you’re likely to require solid advice from seasoned and tested trading experts. Also, you’ll need a significant boost from your colleagues in the market from all over the globe, which is why we’ve discovered a platform that can support you in your growth in the market. In this review, we’ll take an in-depth look at Profit.ly A well-respected 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 Triseasonals Profitly
Value: 4.1/5
Quality: 4.1/5
Costs: 4.1/5
Users Experience 4.5/5
Summary
Profit.ly can be described as an online platform for trading that enables traders of all levels to be informative and accountable, as well as transparent and to build relationships with each other through its broad range of features and tools such as chat rooms, trade verification as well as an extensive library of educational content.
What exactly is Profit.ly?
Profit.ly is a trading website which serves as a training and learning platform for those who are just beginning their journey as well as a place for traders who are experienced to monitor their performance through the use of cutting-edge analytics tools. Offering users a broad variety of tools for communication and trade that help traders from every field of business connect with one another. It also allows gurus to make worthwhile investments within the confines of this platform. Imagine it as a social media site akin like Facebook and Reddit, but for traders and experts.
Profit.ly independently verifies trade performances and publishes all data from them in the style of leaderboards. The platform for trading is built on trust and transparency. it makes sure that transactions are legitimate and will not accept fake news as long as is humanly possible. It was founded years ago by the penny stock trade expert and investment expert Timothy Sykes, along with fellow expert Michael Mosseri.
One time , during an interview for Forbes magazine, Sykes declared that Profit.ly was motivated by its focus “on the transparency of the entire spectrum of trades, something which has never been previously done.” The idea, he added, served two objectives: one) making public records for not just the gurus, but also the students and newsletter writers, and 2) giving everyone on the platform to gain insight into the losses and wins to the benefit of the trading industry. Triseasonals Profitly
How Does It Work?
Profit.ly is a subscription-based platform which allows stock traders to have access to a range of tools and services that are geared toward success. You may set up an account for free, but you’re limited to access to the leaderboard and observe the activities of non-gurus. If you’re looking to invest your money in order to find out which stocks the gurus are trading in real time it is necessary to subscribe to any of Profit.ly’s offerings, which we will review in the coming days.
The process of opening an account is easy: create an account that includes your personal information and knowledge, then connect to your brokerage account, and you’ll be given an opportunity to make your way to high on the leaderboard. Profit.ly’s leaderboard feature, as previously mentioned, is designed to give its users a glimpse of the performance of the trading community as well as its gurus. It’s not only a chance to prove your worth to a large group of traders, as you can also utilize Profit.ly to shop with a professional 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 the details of your broker account you may decide to share your trades, whether verified or not, via photographs. Also included in Profit.ly are the vast number of trading courses, the ability to view the stats of a trader’s account and other methods to connect with your gurus in the chatroom, in addition to text and e-mail alerts and updates.
> > Click Here to Check Out Profit.ly < <
Meet Tim Sykes, the founder: Tim Sykes
Timothy Sykes is a well-renowned day trading guru who is famously known for his efforts in penny stock trading. According to Investopedia Penny stock is a small business’s stock which trades at under $5 for each share. Penny stock trading could be viewed as an opportunity for small companies to move to a large marketplace as they can access money from the general public. However, don’t get it wrong – it can also be an extremely risky activity, as Sykes is sure to reveal because of his decades of experience.
Since his initial beginnings in the latter years of the high schools, Tim Sykes has, since then, made more than $6 million in profit during his long and successful career as trading professional. At the age of 25 Tim Sykes had received greater exposure and a larger influence over time when he was a part of the reality show “Wall Street Warriors.” He then made use of the show to establish trading rooms and penny stock themes and educational content geared toward people who are brand new to trading. He also played a role in establishing Profit.ly as a place for transparency and for the community to uplift and compete with 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 platform’s in-house gurus. Gurus are referred to the experts in trading who have earned significant amounts of profit through their years of experience. Triseasonals Profitly
At its height, 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 were Connor Bruggermann, Nathan Michaud of Investors Underground, and Triforce as well as a handful of others. As of this writing, there are only two gurus who remain on the platform: Founder of the penny stock market Tim Sykes and veteran smallcap swing trader Paul Scolardi, also known as Superman. When we take that into account, let’s take a look at the packages each guru has to offer.
From Tim Sykes Tim Sykes
Sykes offers a basic stock trading service that focuses on penny-priced day trading with Tim’s Alerts. Costing $74.95 per month, you will observe him focus on fundamental catalysts for stocks and utilize them to predict the next moves that could occur when making trades.
A standalone purchase of Tim’s Alerts will get you access to the chatroom, as well as the mobile application that is available to iOS as well as Android devices, texts, emails 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 package. At $149.95 monthly, this 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, including swing trading alerts as well as unlimited access to a rich collection of more than 7,000 educational videos and new videos released every week.
> > Click Here to Check Out Profit.ly < <
From “Superman” Paul Scolardi: Superman Alerts
Scolardi, who goes by the alias “Superman,” is a swing trading professional with an eye for tiny-cap massive stocks as well as wildly accurate marketing forecasts. In the time since he began as a trader, Superman has amassed over $5.5 million in total trading earnings. Triseasonals Profitly
The Superman Alerts plan is an offer of the most essential features and trading alerts geared to those interested. For $147 per month, you’ll gain an access to the day-to-day stock watchlist that is premarket along with the mobile app, the daily market commentary shown in real-time, and SMS and e-mail alerts.
In “Superman” Paul Scolardi: Superman Pro
For the price of $247, you receive additional features and access to a knowledgeable base provided by Superman himself through the Superman Pro package. In addition to the basic features featured in the Alerts plan, Superman Pro gives you weekly video lessons, including the growing collection of previous lessons. In addition you’ll also gain an access to high-quality research papers as well as an IPO and earnings tracker.
Profit.ly plans and costs
If you’re eager to join the trading community on the internet and make a mark on the field, Profit.ly has the right amount of resources to get you going. Profit.ly offers three membership tiers that are designed to accommodate traders of different levels. Let’s look at what the three levels are and what they’ll cost you.
Novice Plan
The Novice package is Profit.ly’s basic plan that is designed specifically for those who are new to the trading community. Once you have signed up for this plan you’ll be provided with a variety of powerful and essential trading tools, all of which is essential to keep your hands on what we can describe as a cutthroat procedure in its own.
Some of the features you can do with Profit.ly’s Novice program is the capability to check the results of your trades and track profit as well as leading, following, and even messaging your fellow traders, as well as providing feedback on trades today. It also allows you to be on leaderboards; analyze your trades, sort as well as filter trades and, lastly, view the statistics of other traders.
The Novice plan is $29.95 per monthly payment. Although it looks attractive just by the price, there is a downside. You aren’t able to create a personal profile, which makes your actions public. If you’re interested in gain an account with this option, stay tuned as we introduce to you Profit.ly’s next strategy.
The Trader Plan
The Trader plan allows you to take advantage of a majority of features from the novice plan. This plan allows that you can set up an account that is private to share with other associate users all your knowledge and knowledge you gain from the trading community.
Priced at $49.95/month, Profit.ly’s Trader plan will do what the name implies: Cater people who want to develop their skills in trading. While it’s nice, there is one significant element that’s missing. As opposed to the prior Novice package, you won’t be able view the statistics of other traders this might be a drawback for those who are eager to try this new tier. Triseasonals Profitly
Pro Plan
The Professional plan can be described as the highest luxurious package Profit.ly offers to experienced traders. It costs $74.95 each month which includes an additional 22% discount for billing annually This plan offers it all. You get full, no-holds-barred access to all features from the two prior plans.
You’re not only able to look at other people’s statistics, but you’re also given the option of creating your own private profile. These two features are on top of all the advantages you’ll be able to use to the fullest potential. If you’re in search of an option that gives you with everything you require as a skilled trader, maybe the Pro tier could be ideal for you!
Profit.ly’s Other Services
In addition to the training tools and the leadersboards Profit.ly has a few more services it has to provide. One of those is its online store, which lets users pick from a range of videos created to help you understand the ins and outs of trading. All of the products featured in this section of the site can be bought immediately for your personal use. Some of these include bestsellers like the “Trading Tickers” series from trading specialist Tim Grittani, Timothy Sykes’s collection of DVDs, streaming-only content on penny stocking, short stocking, and all other aspects of trading. There are also clips and clips taken from the Annual Pennystocking Conference, and items from other experts in trading.
> > Click Here to Check Out Profit.ly < <
The integrated chat rooms are as well part of Profit.ly’s range of features and services. You’re probably familiar with chat rooms since you can see it across social and messaging platforms, as well as some specialty websites that provide live chat assistance. But on Profit.ly, it is seen as a hands-on area where experts and member traders can communicate and exchange knowledge in real-time. Every guru has their own way when it comes to running their chat room and in dealing with the members. Some may be a laid-back person who is less engaged, while another could be more active and in touch in their interactions with students. Think of the chat rooms as Profit.ly’s version of the forum in the essence.
Who is the ideal Trader for Profit.ly?
Profit.ly’s diverse range of products and features are geared towards an array of stock traders, from beginners to experienced pros. Given the wide range of options it can provide this platform definitely has something for all.
Newbies, for instance, can take advantage of Profit.ly’s collection of educational information available on the platform. They will also get daily videos and chat room advice from the in-house experts and members. Additionally, they can select from the products from its online store to carry with them wherever they may travel. Additionally, they can gain practical experiences from trading within the platform, but ultimately they’ll be able to realize that this is a high-stakes game that shouldn’t be taken as an opportunity to make fun of.
For the traders with decades of experience in the line, we see Profit.ly as equally as suitable for them as it is for people who are just beginning. Although the novices might not be as adept at dealing with trading issues, the pros already understand how it works and the risky mix that come with it. In the ideal scenario, they can use Profit.ly’s array of features to their best advantage to develop their trading skills. Like beginners, they can learn from the top experts and experts and utilize those quick tips and tidbits throughout the process.
Profit.ly’s “all-in” approach does not only apply to beginners and semi-experienced traders. Certified experts can also take part in the fun! Those in the trading industry who are at an equal level with Superman and Tim Sykes can also use Profit.ly’s capabilities. Profit.ly’s abilities to show off their expertise to other traders as a way to guide them through the ever-illustrious trading process. Triseasonals Profitly
Profit.ly’s Pros and Cons
The Pros
- Profit.ly’s many capabilities as a “one-stop’ stock trading platform enable it to provide traders everywhere with tons of learning, communication, and trading tools
- You get to receive excellent training and tips from the internal experts, which include video libraries that teach you how to learn and real-time trading activities
- You’re assured of transparency throughout Profit.ly with accurate analytics and fellow traders who are ready to reach you out whenever something happens
- The platform’s leaderboard feature gives you a way to build your credibility as a trustworthy and authentic trader
- Apart from its core abilities, Profit.ly also gives its customers extra options that can be tailored to their individual preferences, for instance, posting trades that are not authentic by taking screenshots
- Profit.ly’s variety of subscription plans and guru packages are priced at reasonable prices There’s something for everyone
The Cons
- Profit.ly’s numerous products and packages offered might not be enough for a lot of its users
- If traders decide to make any type of trade, there is a possibility that some of them could profit from cherry-picking the best trades to increase the rating this could be a problem that shouldn’t be simply overlooked
- Profit.ly does not offer refunds as its premium users are expected to immediately take advantage of the numerous features the platform is able to provide
> > Click Here to Check Out Profit.ly < <
The Final Concluding Question The Final Verdict: Is Profit.ly Valued?
If we were able to come up with an answer to this question, it would be a ‘yes’. But it is important to realize that it shouldn’t be treated as a scheme to get rich quick. The platform was not always intended to be created for this reason. Instead, you should have the ability to think with an open heart. Triseasonals Profitly
What we mean”yes” is it could be a useful learning tool. People who are stuck could find Profit.ly’s array of resources helpful when they try their best to avoid losses and perform better than they did before. Not only poor traders that can profit from the platform. It can accommodate beginners and even experts!
So, if you genuinely care about being more successful in trading and would like to be taught by your peers and experts along the way, then look no further – Profit.ly may be a great option to begin.
FAQ Triseasonals Profitly
How can you make use of Profit.ly to make your trades public?
Profit.ly includes a trade entry portion in the “My Trade category on the dashboard that lets you record your trades, either verified or otherwise. You may choose between three options:
- Linking your account to the brokerage of choice and importing trades directly from there
- Manually inputting your trades with provided spaces and specifics
- Upload a screenshot of your trades
How can I tell whether the trade is authentic or not?
If you import your trade through a reliable brokerage, there is a high likelihood that it can be verified. This is evident by the blue check mark. If you post it in a manual way or by taking screenshots, it will automatically be classified as unverified.
The drawback of posting an unauthentic trade is the chance of receiving downvotes from fellow peers. If you receive too many negative votes, it could cause you to be listed on the Madoff leaderboard, where users can see who’s dishonest in posting trades.
Is the Profit.ly mobile app still in use?
As of the moment, Profit.ly is still available for download on the Apple App Store as well as on the Google Play store. The mobile app version is compatible with most working smartphones and tablets.
How many people are currently on Profit.ly?
Profit.ly currently houses over 150,000 investors and traders, because they are not just seeking to make the most profit but also help each other learn and improve in acquiring opportunities in the stock market left and right.