The stock market can be an extremely risky game. On certain days, you could have the benefit of positive and satisfying numbers. On other days, however, the opposite may happen, and it may sometimes be extremely difficult to get back to the point you were at your peak. If you’re constantly stuck in the gutter, you will have to realize that relying on your instincts and preserving is not always enough.
If you’ve been incurring loss from time to time, you’re gonna be needing sound advice from tried-and-tested trading experts. You’re also gonna need an important boost from trading partners from all over the globe. That’s why we’ve found an online platform that will help you in your improvement within the field. In this review, we’ll take a look at Profit.ly, a well-recognized all-in-one social platform for trading!
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 Twitter Profitly
Value: 4.1/5
Quality: 4.1/5
Costs: 4.1/5
User Experience: 4.5/5
Summary
Profit.ly offers an internet-based trading service that enables traders of all levels to be knowledgeable responsible, transparent, and to build relationships with one another through its wide array of tools and features such as trade verification, chat rooms and a rich library of educational content.
What is Profit.ly?
Profit.ly is a trading site that functions as a training and learning platform for traders who are starting out as well as a place for traders who are experienced to monitor their performance through the use of sophisticated analytics tools. Providing users with a wide range of resources to facilitate trade and communication that help traders from every field of business connect with each other. It gives the gurus worthwhile investments within the confines of this platform. Think of it as the social media equivalent the likes of Facebook and Reddit, but for professionals and traders.
Profit.ly independently checks the performance of trades and posts all the data from them in the style of leaderboards. The trading platform is built on transparency and honesty: it guarantees that the trades are valid and won’t accept fake news as long as is humanly possible. It was founded many years ago by penny stock trade expert and investment guru Timothy Sykes, along with the other expert Michael Mosseri.
One time during his interview for Forbes magazine, Sykes stated that Profit.ly was driven by its focus “on the transparency of the entire spectrum of trades, something which was never done before.” The concept Sykes said served two objectives: one) creating public track records for all traders, not just the gurus, but also the newsletter writers and students as well as) giving everyone on the platform to gain insight into both the wins and losses for the trading industry’s benefit. Twitter Profitly
How Does It How Does It
Profit.ly follows a subscription-based model that lets stock traders have access to a range of tools and services that are geared toward success. You can create an account on the site for free, but you’re only given access to the leaderboards and monitor the activities of people who aren’t gurus. If you’re interested in investing your money to see which stocks the gurus are trading in real time it is necessary to sign up to one of Profit.ly’s offerings, which we will go over shortly.
The process of opening an account is easy: create a profile with your experiences and expertise, connect to your brokerage account and you have yourself the chance to climb your way up to high on the leaderboard. Profit.ly’s leaderboard feature, as we’ve mentioned earlier it is designed to provide its users a glimpse of their performance as a trading group and its experts. You’re not just allowed to show your worth to a large group of traders, but you are also able to use Profit.ly to buy from a guru with the confidence that you are confident in their skills and the legitimacy of their claims.
If you feel uneasy with the concept of leaking your brokerage account, then you could opt to post your trades, either verified or not, via screenshots. Included in Profit.ly are a variety of trading courses, the ability to view the stats of a trader’s account, and more ways to communicate with your gurus via chatrooms in addition to notifications via email or text as well as updates.
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Meet Tim Sykes, the founder: Tim Sykes
Timothy Sykes is a well-renowned day trading personality who is famously known for his efforts in the penny-stock market. According to Investopedia, a penny stock refers to a small-sized company’s shares that trade for just less than 5 cents per share. Penny stock trading is a stepping stone for small businesses to transition to a market that is larger as it allows them to access money from the general public. But don’t be mistaken – it can also be a high-risk game, which Sykes can surely tell thanks to his years of experience.
Since his initial beginnings at the end of his time in high school, Tim Sykes has, since then, earned an estimated $6 million profit throughout his illustrious career as trader. At 25 years old Sykes was given greater exposure and an even wider influence over time as a participant in the reality show “Wall Street Warriors.” He then took advantage of it to create trading rooms and penny stock themes and educational content geared toward those who are new to 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 against each other through the platform.
The Profit.ly Gurus
One of Profit.ly’s most appealing features is the vast array of educational sources, trade alerts as well as other useful information provided by the company’s internal gurus. These gurus refer to the trading experts who have earned significant amounts of profit from their collective years of knowledge. Twitter Profitly
At its height, Profit.ly had housed up to five gurus, each of them a pro within their particular field in the trading industry. Some of the most prominent experts were Connor Bruggermann, Nathan Michaud of Investors Underground, and Triforce, among a few others. At the time of writing, only two gurus remain on this platform: the 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, let’s take a look at the packages each guru can offer.
From Tim Sykes Tim Sykes: Tim’s Alerts
Sykes provides a basic stock trading service which focuses on penny stock day trading through Tim’s Alerts. Costing $74.95 monthly, you’ll be able to see him focus on the basic stock catalysts and employ them to anticipate the next moves that could occur when trading.
A standalone purchase from 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, email, text and push alerts and a daily stock watchlist.
from Tim Sykes: The Pennystocking Silver Package
Pennystocking Silver is the premium version that has been upgraded of the Tim’s Alerts program. Priced at $149.95 for a month it is the perfect plan for those who are more involved in penny stock trading. Pennystocking Silver offers all the essential features found in prior plans, which includes swing trading alerts and unlimited access to a collection of more than 7,000 educational videos, with new ones released weekly.
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In “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. Since the time he started trading, Superman has amassed over $5.5 million in trading profits. Twitter Profitly
The Superman Alerts plan is his offer of the most essential features and trading alerts targeted toward those who may be interested. For $147/month, you’ll get access daily stock watchlist that is premarket as well as the mobile app, daily market updates in real-time, and email and SMS alerts.
In “Superman” Paul Scolardi: Superman Pro
For $247 per month, you can enjoy additional features and access to an extensive base of knowledge that is provided by Superman himself, via his Superman Pro package. In addition to the basic features featured in the Alerts plan, Superman Pro gives you weekly video lessons, including a growing library of all previous lessons. On top of that, you’ll also get access to premium research reports and an IPO as well as earnings tracking tool.
Profit.ly plans and costs
If you’re eager to join the online trading community and leave a mark in the field, Profit.ly has the right amount of resources to help you started. Profit.ly offers three membership levels that cater to traders of different levels. Let’s take a look at what these three levels are and what they will cost you.
Novice Plan
The package called Novice is Profit.ly’s beginning-of-the-line plan specifically for those who are new to the trading world. As you sign up for this plan, you will be immediately provided with a variety of powerful and vital trading tools, each of them integral in keeping your fingers on what we call a competitive process by itself.
Among the list of things you can accomplish using Profit.ly’s Novice program is the ability to verify the results of your trades and track profit and follow-up, leading, and even messaging other traders; and leaving feedback on today’s trades. It also allows you to be onto leaderboards; study your trades, sort and filter your trades; and, lastly, view the statistics of other traders.
The Novice plan costs $29.95 per month. Although it looks attractive simply because of the price however, there’s a drawback. You can’t create a private account, making your actions public. If you do want to gain an account with this option, you should keep an eye on us as we present to you Profit.ly’s next strategy.
The Trader Plan
The Trader plan allows you to use the majority of features available in the Novice plan. This plan allows that you can create a private profile to share with other associate users all the insights and information you have gained from the trading community.
Priced at $49.95/month, Profit.ly’s Trader plan will do what the name implies caters to those who desire to develop their expertise in trading. While it’s nice but there’s one important aspect that’s not included. In contrast to the Novice package, you will not be able to see other traders’ statistics this could be a problem for those who are anticipating this level. Twitter Profitly
Pro Plan
This is by far the highest expensive plan Profit.ly offers to experienced traders. At $74.95 monthly, with 22% off for billing annually, this tier has everything. You will have full, unrestricted access to all options of the previous plans combined.
You’re not only able to look at other people’s statistics, but you’re also given the option of creating an individual profile. These two features are in addition to the advantages you’ll be able to use to the maximum extent. If you’re looking for an option that gives you everything you need as an experienced trader, the Pro level is for you!
Profit.ly’s Other Services
Apart from the trainer tools and leadersboards Profit.ly offers a number of additional services that it can provide. One of these is its online store, which allows users to choose from a wide array of instructional videos that are designed to inform and help you understand the nuances and pitfalls of trading. All of the products featured on this page of the website can be bought immediately for your personal use. These include best-selling products such as the “Trading Tickers” series by trading professional Tim Grittani, Timothy Sykes’s collection of DVDs, streaming-only content about penny stocking, short stocking, and all other related to trading, videos and footage of The Annual Pennystocking Conference, and items from other experts in trading.
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The integrated chat rooms are as well part of Profit.ly’s variety of services and features. You’re probably familiar with the concept of the chat room since you will see it on social and messaging platforms as well as some specialty websites that offer live chat support. But in Profit.ly the chat room is viewed as a real-time place where gurus and their members trade and learn in real time. Every guru has their own style when it comes to running their chat room and dealing with the members. Some may be a laid-back person who is not very often active, while another might be more interactive and online with their students. Think of chatrooms as Profit.ly’s version of a forum, in its essence.
Who is the ideal trader to Profit.ly?
Profit.ly’s wide range of products and features cater to a large variety of stock trader types, from novices to experienced professionals. Given the wide range of options it can provide it is certain to have something for every person.
Newbies, for instance, will appreciate Profit.ly’s knowledge-based content offered throughout the platform. Not only will they get daily videos and chat room tips from the in-house experts as well as their members. They’ll also be able select from the products from its online store for them to take wherever they be. You can also get hands-on experiences by trading through the platform, but ultimately they’ll realize that the process is a high stakes game that shouldn’t be taken as a joke.
For traders who have years of exposure down the road, we consider Profit.ly as equally as suitable to people who are just beginning. While the newbies may not be as adept at managing trading but the experts already know the way it functions and the stack full of risks that come with it. In the ideal scenario, they can make use of Profit.ly’s array of options to their maximum advantage to improve their trading skills. As beginners, they are able to study from the gurus and experts and utilize those simple tips and hints throughout the process.
Profit.ly’s “all-inclusive” nature doesn’t just apply to newbies or semi-experienced trader. Experts who have been verified can also participate in the enjoyment! People in the trade industry who are at the same level as Superman as well as Tim Sykes can also use the power of Profit.ly’s abilities to show off their expertise to other traders in order to guide them through the ever-illustrious trading process. Twitter Profitly
Profit.ly’s Pros and Cons
The Pros
- Profit.ly’s numerous capabilities as a “one-stop’ stock trading platform enable traders across the globe with tons of learning, communication, and trading tools
- You get to be provided with excellent lessons and advice from the company’s in-house gurus, including video libraries that teach you how to learn and live trading activity.
- 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 a way to build your reputation as a reliable and verifiable trader
- Apart from its core abilities, Profit.ly also gives its users extra options to suit their preferences, such as posting trades that are not authentic by taking screenshots
- Profit.ly’s variety of subscription plans and guru packages are priced at affordable rates There is truly something for all
The Cons
- Profit.ly’s numerous packages and products offered may seem overwhelming for a lot of its users
- As traders may opt to open any kind of trade, there’s a possibility that some of them could profit from picking the most profitable trades to boost their rating This could be a concern that should not be ignored.
- Profit.ly does not offer refunds as its premium users are expected to instantly benefit from the many services the platform has to offer
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The Final Concluding Question is: Is Profit.ly Valued?
If we could come up with an answer to this question, it would be an affirmative “yes”. But you need to understand that the platform should not be used as a quick-fix scheme to make money. The platform wasn’t originally intended to be created to achieve this goal. Instead, you should have the ability to think with an open heart. Twitter Profitly
What we do mean”yes” is that it could be a useful learning tool. Those who may be stuck may find Profit.ly’s range of resources to be helpful in their efforts to reduce losses and perform better than before. Not only struggling traders who will profit from the platform. It is able to accommodate novices and even experts in the field!
If you truly desire to be more successful in trading and would like to learn from your mentors and peers on the way, take a look at Profit.ly. Profit.ly may be a great option to begin.
FAQ Twitter Profitly
How can you make use of Profit.ly to make your trades public?
Profit.ly offers a trade entry portion in the My Trade’ category of the dashboard. It lets you record your trades, verifiable or not. You may choose between three options:
- Linking your account to the brokerage of choice and importing the trades from that directly
- Manually inputting your trades with provided spaces and specifics
- Send a screen shot of your transactions
What can I do to determine whether the trade is authentic or not?
If you buy your trade from a trusted brokerage, there is an excellent probability that it’s verifiable. This is indicated with the blue check mark. If you submit it in a manual way or by taking screenshots, it will automatically be assigned as unverified.
The drawback of posting an unauthentic trade is the possibility of receiving negative feedback from colleagues. If you receive too many negative votes, it could result in you appearing on the Madoff leaderboard, where people can detect who’s being fraudulent in posting trades.
Are the Profit.ly mobile application still available?
At the time of writing, Profit.ly is still available for download on the App Store for Apple and on the Google Play store. The mobile app version is compatible with most working smartphones and tablets.
How many people are on Profit.ly?
Profit.ly is currently home to over 150,000 traders and investors, since they’re not just seeking to make the most profit but also assist each other to learn and improve in acquiring opportunities in the stock market left and right.
