Stock trading is an extremely risky game. On certain days, you may be reaping the benefits of positive and satisfactory numbers. On other days, however you may experience the opposite and it can be extremely difficult to return to the point you were at your peak. If you’re 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 suffered occasional losses, you’re gonna be needing reliable advice from tested and tried trading experts. Also, you’ll need an important boost from fellow traders from around the globe. That’s why we’ve identified an option that can help you in your improvement in the industry. In this review, we’ll be taking the time to look at Profit.ly is a well-known 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. Do check out our article below, however, because it has a comprehensive overview of Profit.ly.
Overall Rating: 4.1/5 5G Penny Stock
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 different levels to be informed and accountable, as well as transparent and to build relationships with each other by offering a wide range of features and tools including trade verification, chat rooms, and an enriched library of educational material.
What is Profit.ly?
Profit.ly is a trading site which serves as a learning and education platform for people who are starting out and also as a platform for traders with experience to keep track of their performance using the aid of advanced analytics tools. Offering users a broad array of options to facilitate trade and communication that help traders from every field of business connect with one another. It gives the gurus worthwhile investments within the confines that the site. Think of it as the social media equivalent to Facebook and Reddit but with a focus on traders and experts.
Profit.ly independently verifies trade performances and then publishes the information from them in the form of leaderboards. The trading platform is built on honesty and transparency: it ensures that the transactions are legitimate and will not accept fake news as long as it is possible. It was established in the past by penny stock trade expert and investment expert Timothy Sykes, along with the other expert Michael Mosseri.
One time , during an interview with Forbes magazine Sykes stated that Profit.ly was based “on the transparency of all trades, something that was never previously done.” The concept Sykes said served two purposes: 1) making public records for all traders, not just the gurus, but also the students and newsletter writers as well as) making it possible for all users to be enlightened by both losses and wins to benefit the industry of trading. 5G Penny Stock
How Does It How Does It
Profit.ly follows a subscription-based model that allows stock traders to benefit from a variety of tools and services that are geared toward the success of their business. You may set up an account there at no cost, however you’re limited to the capability to browse the leaderboard and observe the activities of people who aren’t gurus. If you’re ready to invest your money and see what stocks the experts are trading in real-time, you will need to subscribe to any of Profit.ly’s offerings that we’ll go over shortly.
Making an account easy: create a profile with your experiences and knowledge, then connect your brokerage account, and you’ll be given a chance to shoot your way up to the top of the leaderboard. Profit.ly’s Leaderboard function, which was previously mentioned it is designed to provide its users a glimpse of how the community of traders performs as well as its gurus. It’s not only a chance to show that you’re worthy to the community of traders, as you can also utilize Profit.ly to shop with a guru, and have the confidence that you are confident of their knowledge and the veracity of their assertions.
If you’re not comfortable with the idea of divulging information about your account with a brokerage, you may choose to publish your trades, whether verified or not, by taking pictures. Also included in Profit.ly are a variety of courses in trading, the ability to view stats in a trader’s profile, and more ways to communicate with your gurus in the chatroom, as well as 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 trader who has been famously known for delving his hands into the penny-stock market. According to Investopedia the term “penny stock” is a small business’s stock which trades at just less than 5 cents per share. The penny stock market is an avenue for small-scale businesses to make the transition to a market that is larger as they can access money from the general public. However, don’t get it wrong – it’s also an extremely risky activity, as Sykes is sure to reveal because of his decades of expertise.
Beginning in the latter years of High School, Tim Sykes has, since then, earned over $6 million of profits throughout his illustrious career as trading professional. At 25 years old Sykes was given greater exposure and a larger impact when he was a part of the reality series “Wall Street Warriors.” He made use of the show to develop trading rooms, penny stock themes, and educational content geared toward people who are brand new to the trading field. He also played a role in establishing Profit.ly as a place of transparency and for the community to uplift and compete against each other through the platform.
The Profit.ly Gurus
One of Profit.ly’s sweet inclusions is the vast array of learning resources, trade alerts, as well as other useful information provided by the company’s internal gurus. Gurus are referred to the experts in trading who have made substantial amounts of money through their years of expertise. 5G Penny Stock
At its height, Profit.ly had housed up to five gurus, each of them a professional within their particular field within the world of trading. Some of the prominent gurus included Connor Bruggermann, Nathan Michaud of Investors Underground, and Triforce as well as a handful of others. At the time of writing, however, 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. In light of that, let’s take a look at the packages each guru has to offer.
From Tim Sykes: Tim’s Alerts
Sykes offers basic stock trading services that focuses on penny-priced day trading with Tim’s Alerts. At $74.95 for a month you’ll be able to be able to see him concentrate on the basic stock catalysts and employ them to predict the next possible moves in making trades.
A purchase on its own of Tim’s Alerts will get you access to the chatroom and the mobile app that’s 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 highest-quality version that has been upgraded of the Tim’s Alerts program. At $149.95 monthly, this is an ideal plan for those who are involved in the penny-stock market. Pennystocking Silver comes with all the standard features found in the previous plan, including swing trading alerts as well as unlimited access to a rich library of over 7,000 educational videos, with new ones released each week.
> > Click Here to Check Out Profit.ly < <
From “Superman” Paul Scolardi: Superman Alerts
Scolardi who goes under the alias “Superman,” is a trader who has an eye for both 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 profits. 5G Penny Stock
The Superman Alerts plan is an offering of essential features and trading alerts geared to those interested. For $147/month, you’ll get access to the daily premarket stock watchlist and the mobile app, daily market commentary in real time, and SMS and e-mail alerts.
From “Superman” Paul Scolardi: Superman Pro
For $247 per month, you can enjoy additional features, plus access to an extensive base of knowledge provided by Superman himself via the Superman Pro package. In addition to the basic features that are included in the Alerts plan, Superman Pro gives you weekly video lessonsthat include a growing library of all previous lessons. In addition, you’ll also get access to premium research reports and an IPO or earnings monitor.
Profit.ly plans and costs
If you’re ready to join the world of online trading and leave your mark on the field, Profit.ly has the right amount of resources to help you started. Profit.ly offers three membership tiers that cater to traders of different levels. Let’s break down what these three are and how much they will cost you.
Novice Plan
This package for novices is Profit.ly’s entry-level plan designed especially for people who are brand new to the trading community. As you sign up for this package you’ll be offered a range of strong and vital trading tools, all one of them essential in keeping your hands on what we can describe as a cutthroat process by itself.
Among the list of things you can accomplish with Profit.ly’s Novice package is the ability to confirm the results of your trades and track profit and follow-up, leading and even chatting with other traders; and giving feedback on the trades of today. It also allows you to be on leaderboards; analyze the results of your analysis, sort, or filter the trades you make; and lastly, look at other’s stats.
The Novice plan is $29.95 per month. Although it might look appealing simply because of the price, there is a downside. It isn’t possible to create a private profile, thus making your actions public. If you’re interested in get 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 plan allows users to benefit from many of the features of the Novice plan. It is in this plan that you can set up a private profile for sharing with fellow associate users all the insights and information you have gained from this trading group.
Priced at $49.95/month, Profit.ly’s Trader plan is exactly what it says caters to those who desire to develop their trading skills. Although it’s a nice thing, there is one significant element that’s missing. As opposed to the prior Novice package, you will not be able to see other traders’ statistics, which could be a disadvantage for those eager to try this new tier. 5G Penny Stock
Pro Plan
The Pro plan is the highest premium package that Profit.ly could offer for seasoned traders. It costs $74.95 per month, and an additional 22% discount for billing annually This plan offers everything. It gives you full, unlimited access to all features of the previous plans combined.
You’re not only able to look at other people’s statistics and data, but you also have the chance to create a 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 a plan that can serve you with everything you require as a skilled trader, maybe the Pro tier could be for you!
Profit.ly’s Other Services
In addition to the trainer tools and leaderboards, Profit.ly provides a variety of additional services that it can provide. One of them is the online store, where customers can choose from a wide array of video products created to provide guidance on the nuances and pitfalls of trading. All of the products featured in this section of the site can be immediately purchased for personal use. Some of these include bestsellers such as”Trading Tickers, “Trading Tickers” series by trading expert Tim Grittani, Timothy Sykes’s collection of DVDs, streaming-only content related to short stocking, penny stocking, and other related to trading, videos and scenes taken from the Annual Pennystocking Conference, and products from other expert traders.
> > Click Here to Check Out Profit.ly < <
The integrated chat rooms are also part of Profit.ly’s variety of services and features. You are probably familiar with the concept of chat rooms since you can find it throughout social and messaging platforms, and also on a few specialty websites that provide live chat support. But on Profit.ly the chat room is viewed as a space where experts and their members trade and exchange knowledge in real-time. Every guru has their own style in running their chat rooms and in dealing with the members. One of them may be laid back and not very often engaged, while another could be more active and in touch in their interactions with students. Consider chat rooms as Profit.ly’s version of the forum in its essence.
Who is the Ideal Trader for Profit.ly?
Profit.ly’s diverse range of products and features caters to an array of stock trader types, from beginners to experienced pros. Given the wide range of options it can provide this platform definitely has something for every person.
Newbies, for instance, will enjoy Profit.ly’s collection of educational materials available across the platform. Not only will they be provided with videos every week and chat room tips from the in-house experts and their members. They’ll also be able pick from the merchandise available from its online store for them to take wherever they travel. Additionally, they can gain practical experiences by trading through the platform, but eventually they’ll be able to realize that this is a high stakes game that should not be viewed as a joke.
For those traders who have had years of exposure down the line, we believe Profit.ly as equally as suitable to the newcomers. While novice traders may not be as adept at dealing with trading issues but the experts already know how it works along with the plethora of risks that come with it. It is ideal to make use of Profit.ly’s variety of features to their best advantage to develop their skills in trading. Like novices, they can study from the gurus and experts , and use those short tips and tricks throughout the process.
Profit.ly’s “all-inclusive” nature isn’t limited to novices or semi-experienced trader. Verified experts can also join in the enjoyment! People in the trade industry who are at similar levels to Superman and Tim Sykes can also use up Profit.ly’s abilities to show off their skill to others as a way to help assist them in the ever-changing trading process. 5G Penny Stock
Profit.ly’s Pros and Cons
The Pros
- Profit.ly’s numerous capabilities as a ‘one-stop’ stock trading platform enable it to provide traders everywhere with a wealth of education, communication, and trading tools
- You will receive excellent training and tips from the in-house gurus, including libraries of educational videos and trading in real-time.
- You can be sure of complete transparency through Profit.ly by using accurate data and fellow traders that are waiting to reach you out if something occurs.
- The leaderboard feature of the platform offers you the opportunity to increase your credibility as a trustworthy and verifiable trader
- In addition to its primary capabilities, Profit.ly also gives its customers extra options that can be tailored to their needs, like posting unverifiable trades through images
- Profit.ly’s diverse range of subscription plans and guru packages are priced at reasonable prices – there truly is something for every person
The Cons
- Profit.ly’s numerous products and packages offered might be too much for the majority of its users
- If traders decide to post any kind of trade, there’s an opportunity that some them will profit by cherry-picking the best trades to boost their rating This could be a risk that shouldn’t be simply overlooked
- Profit.ly will not allow refunds as its premium users will immediately benefit from the number of services that the platform can offer
> > Click Here to Check Out Profit.ly < <
The Final Concluding Question: Is Profit.ly Valued?
If we could come up with an answer to this question, it’s yes. However, you must realize that the platform should not be used as a quick-fix scheme to make money. It wasn’t designed to be used for this reason. Instead, it is best to keep the ability to think with an open heart. 5G Penny Stock
What we do mean by ‘yes’ is that it could be a useful learning tool. For those who are struggling, they could be able to find Profit.ly’s range of resources to be helpful when they try their best to avoid loss and perform better than before. It’s not just the struggling traders who will benefit from this platform. It can accommodate beginners and even experts!
If you really desire to be more successful in trading and would like to be taught by your peers and experts along the way, then you should look no further than Profit.ly. Profit.ly is a fantastic alternative to start.
FAQ 5G Penny Stock
How do you use Profit.ly to post your trades?
Profit.ly has a trade entry portion in the “My Trade category on the dashboard. It allows you to post your trades that are verified or not. There are three options:
- Connecting your account to your broker of choice and import transactions directly through there
- Manually inputting your trades with provided spaces and specifics
- Send a screen shot of your trades
How can I tell if the trade is verifiable or not?
If you purchase your trade from a reputable brokerage, there is the likelihood that it can be verified. This is evident by the blue check mark. If you upload it manually or through screenshots, it will automatically be classified as unverified.
The disadvantage of an unauthentic trade is the risk of getting downvotes from your friends and colleagues. A large number of downvotes could cause you to be listed at the top of the Madoff leaderboard, where people are able to identify who is untruthful in submitting trades.
Are the Profit.ly mobile app still in use?
As of the moment, Profit.ly is still available to download via the Apple App Store as well as in the Google Play store. The mobile version of the app is compatible with the majority of functioning tablets and smartphones.
How many people are using Profit.ly?
Profit.ly currently houses over 150,000 investors and traders, because they are not just trying to maximize profits but also to help one another develop and grow in their ability to take advantage of stock market opportunities left and right.
