Are you a new trader? Do you need help in improving your trading system? Do you need guidance from experts?
Profitly is an online trading service that helps new traders by linking them to experts.
In this Profit.ly review, we will discuss its details, features, pricing, and its gurus.
This Profitly Review has been thoroughly researched with information and testimonials that are available online to anyone in the public. Any conclusions drawn by myself are opinions.
Table of Contents
Pros: What I Liked
Growing community of traders
Subscriptions for all budgets
Market information from other traders
Cons: What I Didn't Like
Overlapping products and services
Penny stocks are extremely risky
No refund policy
You probably discovered Profitly for the same reason you might have come across any other financial newsletter, stock trading service, or investment program:
Because you want more money in less time.
And chances are, you want to quickly multiply the money you do have (as opposed to waiting months or even years to see a decent ROI).
This is a really exciting promise, and it’s probably why the financial publishing and training industry is worth billions of dollars.
The problem is, because the idea of doubling, tripling, or 10X-ing your money in a few minutes to a few days is so enticing, there are a ton of shady characters in this space.
But, putting that aside, let’s say every investing guru and “trading expert” on the internet had the best of intentions.
Even with proprietary algorithms, a room full of supercomputers, and a team of rocket scientists, most of these experts would be lucky to get it right 20% of the time.
Now sure, we’re talking about asymmetric bets here, so theoretically the winners should more than make up for the losers.
But in order to make that happen, you can NEVER miss a trade. With a 20% success rate (speaking optimistically), one missed winner could turn a profitable month into a loser.
That’s a lot of pressure and a lot of stress (not to mention a lot of losing) with not much certainty.
But what if there was a way you could build a passive income stream that’s actually passive?
An income stream that doesn’t require:
- Constantly monitoring your phone for buy/sell alerts
- Obsessively watching charts and movement
- The emotional roller coaster and angst of hoping one winner can cover the last 8 losses
- Gambler’s odds (20% chance of success is worse than the odds of winning at Blackjack)
An income stream that brings in consistent revenues every single month (from a couple thousand dollars to well over $10,000)?
An income stream you could actually build in your spare time, and grow as large or as small as you want to, without having to spend hours a day monitoring charts, trades, and alerts?
If that sounds like something you’d be interested in, check out Digital Real Estate.
However, if you’d still like to know more about Profitly, keep reading.
What Is Profitly?
Profit.ly is a one-of-a-kind online trading service that acts as a hub that links visitors to the trading guru’s products and records live real money trading performance. Experienced traders created Profit.ly for new traders. Traders also can communicate with members of an online trading community that numbers more than 122,000.
Users may post deals and connect to trading accounts to track results. The site prioritizes openness and bans “liars.” Click the “Madoff” button to report a bogus trade. This funnel links traders to gurus and successful traders.
Free accounts let users view the leaderboard and track non-guru traders. While believed traders publish real-time transactions, you need a membership to see the stocks they’re trading.
Who Created Profitly?
Timothy Sykes is a well-known trader who appeared on Wall Street Warriors. He became famous in the trading world thanks to penny stocks which turned his $12,000 into $2,000,000. He used his TV exposure to promote his trading rooms, educational videos, etc.
Profit.ly was designed to provide transparency to online trading gurus.
Profit.ly records and publishes transactions connected to online brokerage accounts so traders and gurus may track trading success. Like a competition, it publishes top traders’ performance on a scoreboard grouped by day, 30-days, 90-days, YTD, one year, and all time. The results may be judged on performance and many subcategories, such as Most Popular Traders, Biggest Dollar and Percentage Winners, Most Popular Trade, etc.
This lets members check each other’s deals for legitimacy. You may verify trades by connecting to your brokerage accounts.
What’s Inside Profitly?
Trading Performance Tracker
A profitable trader monitors their performance daily to track profits and losses. Profit.ly’s sophisticated monitoring system keeps track of your transaction metrics for you, revealing your strengths and shortcomings.
“Transparency” in a trading community only matters if deals are confirmed. Profit.ly doesn’t need confirmed trade activity, but it’s vital for community trust. Other traders may “Madoff,” members who don’t authenticate their trade activities. Profit.ly ranks the “Most Madoffed Traders” by negative votes.
Verifying online transactions is straightforward, and the platform can be linked to your brokerage account. Simply pick from the list of supported brokerage accounts and input your login credentials.
Blogs, Watch Lists, And Videos
Profitly members may exchange blog entries, watchlists, and videos. Market comments from other traders can be useful, but maintaining a comprehensive log helps evaluate your errors and improve weak areas.
The leaderboards page is a popular feature on the website that rates traders based on numerous parameters. This is a great resource for newbies looking to follow the worst and best traders.
With more than 100,000 traders, Profit.ly is a terrific place to network. There are traders of various experience levels on the website, and the platform’s openness enables you to know a lot about other traders. You may contact other members by commenting on their walls or sending them a private message.
Profitly allows you to organize and evaluate your trading data. Looking back over your trade records, you may learn a lot about your strengths and limitations.
Follow Other Traders’ Progress
Simply click the “Follow” option on a user’s profile page to get frequent updates on your favorite traders’ activities. This function has a great deal of value since it enables you to get a list of high-quality individuals from whom you can learn trading tips and build a network.
Private Profile (Optional)
Profit.ly lets people who don’t want their information published publicly private their profiles. It is a transparent social networking site for traders; thus, few will find it beneficial.
Profitly Trading Gurus
His trading courses concentrate on day trading penny stocks by timing pump-and-dump promotions, news, under/overvalued plays, and technical chart patterns. Penny stocks are risky and difficult to short; hence, Tim suggests a broker.
Tim Alerts costs $74.95 monthly for basic access to trading chat rooms, SMS alerts, and iPhone and Android apps.
The $149.95 Pennystocking Silver plan contains over 4,400 videos and weekly video courses.
Superman (Paul Scolardi)
The Superman Alerts is $147 monthly and includes access to his watch lists, live chatroom, email, SMS trade alert signals, and iPhone and Android app access.
Superman Pro is $247/month and includes a video lesson library, weekly video lessons, IPO, premium research reports, and earnings tracking. Based on value and technical trends, this trading guru prefers to swing trade penny stocks and small-cap stocks.
Triforce Trader (Former Profit.ly Guru)
The Triforce Trader app costs $99.95 per month and features chatroom access, daily comments, watch lists, stocks, options, futures trades, and an instructional video library.
Triforce Planium offers all Triforce Trader’s features plus investor and active trader indicators. The annual TriForce Training subscription costs $3,497 and includes webinars, a graded webpage, and a Trading Around Equilibrium DVD.
Connor Bruggemann (Former Profit.ly Guru)
Connor Alerts costs $147 a month and includes chatroom access, premarket watch lists, weekly video courses, and video library access.
The Connor Pro plan is $247 monthly and includes a weekly Q&A session and Penny Stock Bible. Bruggemann traded penny stocks for intraday and swing traders and made $9,700 into $300,000. He trades using technical analysis and news.
- Novice ($29.95 monthly) – This level lets you track profits, access leaderboards, verify trades, comment on trades, follow your favorite traders, connect with other traders, and analyze their stats.
- Trader ($49.95 monthly) – Adds the option to establish a private profile to the novice package.
- Pro ($74.95 monthly) – This tier combines Novice and Trader features. This plan also includes all limitless features.
Is Profitly A Scam?
So, is Profitly a scam? Not technically. You can make money with it, but it’s definitely not as easy as Tim Sykes makes it sound.
Again, with any kind of financial product (especially trading), you’re taking on a lot of risk.
Sure, you could hit it big and retire in Italy, but chances are you need the stomach and financial cushion to weather tons of losses before you get there…and it may never happen.
Most of the big gains numbers these companies use in their marketing (“xyz grew by 4,112% in 3 months” or “this option made 324% in just 2 days”) are cherry-picked.
They don’t tell you about the 10 100% losers that came before.
In other words, if you invested $100 into 11 recommendations, you’d lose $1,000, and make back $324…so you’d still be out almost $700.
Most people don’t have the fortitude to stick it out through 3 straight months of losers in the hopes of landing one big winner.
What if, instead, you took those same 3 months, invested just a couple hours a day (in your spare time), and your reward was a $500 to $2,000 payment that came in every single month?
And what if you actually didn’t need to wait 3 months? What if you could get started today and have your first payment in a week?
And what if you could double it next week?
Well, that’s the power of Digital Real Estate.
It’s a true lifestyle business.
Your laptop and an internet connection is all you need.
Some of the most successful students in this program run their entire 6-figure businesses from:
- A camper in the middle of the woods
- A beach chair on the water in Mexico
- A small villa in Greece
They’re able to travel around, living their lives first, and focusing on their income second.
Because even if they stop working for an extended period of time, the money keeps coming in.
So adventure, memories, and experience are the top priority.
And they never have to worry about how to pay for the next trip, or consider asking for time off.
If this sounds more like the type of life you want to lead, just click here to find out more about Digital Real Estate.
Are There Alternatives To Profitly?
Yes, there are plenty of other business models to choose from if you want to pursue this making money online. Here are just a few:
What Is My Top Recommendation For Making Money In 2022?
Our review team has spent months researching, reviewing, and vetting dozens of business models and thousands of programs.
While there may be no “perfect business”, the research IS conclusive:
Whether you’ve never made a dollar online, or you’ve been in this space for a while but never really “made it,” Digital Real Estate is for you.
1. It’s Flexible: got an hour a day? You can do this. Ready to drop everything else and dive in full time? You can do this. Yes, the more time you put in, the faster you see results. But even with a little time each day, you can move the needle in a Digital Real Estate business.
And because this system is so flexible, you don’t have to constantly be working to make more money. It’s called PASSIVE INCOME because if you stop working, the money doesn’t.
Imagine taking 3 months off to just tour around Europe, rent a cabin in the woods to write a book, hike the Appalachian Trail, or live on the beach and surf all day.
This is only possible if you have an income stream that’s not tied to your time.
2. You Own & Control EVERYTHING: With anything in the financial markets, you own and control NOTHING. You have no say in price fluctuations, demand, or what the market will do.
Trying to beat the market is fighting against the tide. There’s just too much working against you, no matter how many supercomputers or rocket scientists are on your side.
With Digital Real Estate, you own the assets, which means you have all the power and all the control.
3. Little To No Startup Costs: It’s possible to get into Digital Real Estate with zero dollars upfront. Because, using the strategies outlined in this program, you can get a client to pay you BEFORE spending a penny out of your own pocket…even before you do any work.
Even without getting paid in advance, you can have your first Digital Rental Property up, running, and generating profits for less than $100.
4. Easy To Duplicate: Ok, here’s the best part: once you have your first Digital Rental Property up and running, you can literally DOUBLE your income with a few clicks, a couple keystrokes, and a single phone call (and you don’t actually need the phone call).
Remember: each Digital Rental Property is worth $500 to $2,000 a month in semi-passive income (over 95% profit). Every time you decide to create another one and increase your income, it gets easier.
Because you have more knowledge, more experience, more results, and more momentum.
If you wanted to double your income with any kind of trading or investing, you’d have to double your initial capital OR double the average order size of your existing trades. And, guaranteed that’s a lot harder than a few clicks and a few minutes of your life.
2. Make Money Helping Real People: This part is what makes it all worth it. In the financial markets, you might be helping your family, but the impact never goes beyond you and maybe a few others.
But with Digital Real Estate, you’re actually helping people by solving your clients’ biggest problem:
Small, local businesses need more customers, and with Digital Real Estate, you are unleashing a flood of happy, paying customers for these businesses.
You make money by helping them make money.
Not a big, faceless corporation either…a small business owner who’s using that money to put food on the table for their family, start a college fund for their kids, or take care of a sick parent.
Once you see how Digital Real Estate makes a real impact in the lives of real people, you’ll sleep like a baby with a big smile on your face.
Now, the choice is yours. You could continue browsing, looking at opportunities like Profitly which could one day make you money.
You could continue researching, never making a decision.
OR, you could take a look inside, consider what you really want, and join a program that makes your dreams a reality. At the same time, joining a community of over 2,000 successful students that are living life on their own terms thanks to Digital Real Estate.
A consistent, reliable, semi-passive stream of income that doesn’t depend on you or your time to keep producing profits.
All while genuinely helping real people who are grateful and happy to pay for it.
If this sounds more like what you want out of life (or if you just want some nice side income), click here to learn more about Digital Real Estate.