The stock market can be an exciting game with high stakes. On certain days, you may enjoy the benefits of positive and satisfying numbers. However, on other days you may experience the opposite, and it may sometimes be very difficult to return to where you were at your best. If you are always in the mud You will need be aware that relying solely on your instincts and preserving is not always enough.
If you’ve suffered loss from time to time You’ll need 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 option that can help you in your growth in the market. In this review, we’ll take an in-depth 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 Best Penny Stock To Buy
Value: 4.1/5
Quality: 4.1/5
Costs: 4.1/5
User Experience: 4.5/5
Summary
Profit.ly can be described as an online platform for trading that enables traders of different levels to be knowledgeable, transparent, accountable, and uplifting with one another through its wide variety of tools and features like trade verification, chat rooms as well as an extensive library of educational content.
What exactly is Profit.ly?
Profit.ly is a site for trading which serves as a training and learning platform for those 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. It provides users with a vast range of resources for trade and communication that help traders from all walks of life network with each other. It offers gurus with worthwhile investments within the confines that the site. Consider it a social media site akin the likes of Facebook and Reddit but with a focus on professionals and traders.
Profit.ly independently checks the performance of trades and publishes all data from them in the form of leaderboards. The platform for trading is built on trust and transparency. it makes sure that trades are valid and won’t accept fake news as long as is humanly possible. It was created in the past by penny stock trade expert and investment expert Timothy Sykes, along with his colleague Michael Mosseri.
One time , during an appearance in Forbes magazine Sykes said that Profit.ly was motivated by its focus “on showing all trades, something that has never been prior to.” The concept was, he said, serving two purposes: 1) making public records for all traders, not just the gurus and newsletter writers and students as well as) making it possible for everyone on the platform to be enlightened by both losses and wins to the benefit of the trading industry. Best Penny Stock To Buy
How Does It How Does It
Profit.ly utilizes a subscription model that lets stock traders benefit from a variety of features and services aimed toward achievement. You can create an account there at no cost, however you’re only given the capability to browse the leaderboards and monitor 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’ll need to join one of Profit.ly’s offers that we’ll go over shortly.
Making an account easy: create an account with your experience and skills, join to your brokerage account and you’ll have the chance to climb through high on the leaderboard. Profit.ly’s leaderboard feature, as previously mentioned was designed to offer its users a glimpse of the performance of the trading community and its gurus. It’s not only a chance to show that you’re worthy to the community of traders, but you can also use Profit.ly to buy from a guru with the confidence that you are confident of their knowledge and the legitimacy of their assertions.
If you feel uneasy with the concept of leaking the details of your broker account then you could decide to share your trades, verified or not, via pictures. In Profit.ly is the huge selection of courses in trading as well as the ability to look at stats in a trader’s profile and other methods to communicate with your gurus in the chatroom, along with 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 his involvement in the penny-stock market. According to Investopedia the term “penny stock” refers to a small company’s shares that trade for under $5 for each share. Penny stock trading could be viewed as a stepping stone for small-scale businesses to make the transition to a large marketplace as it gives them access to capital from the public. However, don’t get it wrong – it’s also an extremely risky activity, as Sykes can surely tell through his many years of experience.
Since his initial beginnings in the latter years of High School, Tim Sykes has, since then, earned more than $6 million in profit during his long and successful career as trading professional. At 25 years old, he had been given greater exposure and an even wider influence over time when he became part of the reality series “Wall Street Warriors.” He made use of the show to establish trading rooms as well as penny stock themes and educational content geared toward those who are just beginning to learn about the trading field. He also played a role in establishing Profit.ly as a place of 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 tools, trade alerts and other helpful stuff provided by the platform’s in-house gurus. Gurus are referred to experts in the field of trading who have made substantial profits through their years of experience. Best Penny Stock To Buy
At its peak, Profit.ly had housed up to five gurus, all of them a professional within their particular field within the world of trading. Some of the most prominent gurus included Connor Bruggermann, Nathan Michaud of Investors Underground, and Triforce, among a few others. At the time of writing however, only two gurus remain on this platform: Founder of the penny stock market 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 packaged offers each guru has to offer.
From Tim Sykes: Tim’s Alerts
Sykes provides an essential stock trading service which focuses on penny-stock day trading via Tim’s Alerts. Costing $74.95 monthly, you will see him focus on the fundamental catalysts for stocks and utilize them to forecast the next possible moves in trading.
A single purchase in Tim’s Alerts will get you access to the chatroom as well as the mobile app that’s available for 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 highest-quality, upgraded version of the Tim’s Alerts package. At $149.95 per month, it is a great option for those who are committed to the penny-stock market. Pennystocking Silver offers all the essential features of prior plans, including swing trading alerts as well as unlimited access to a rich library of more than 7,000 instructional videos, with new ones released weekly.
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The following video is from “Superman” Paul Scolardi: Superman Alerts
Scolardi who is known under the name “Superman,” is a professional in swing trading with an eye for both small-cap monumental stocks and crazy-accurate marketing forecasts. In the time since he began as a trader, Superman has amassed over $5.5 million in all-time trading profits. Best Penny Stock To Buy
The Superman Alerts plan is his offer of the most essential features and alerts on trading geared towards those who might be interested. For just $147 per month, you’ll have access to the daily stock watchlist that is premarket as well as the mobile app, the daily market updates in real time, and E-mail and SMS alerts.
In “Superman” Paul Scolardi: Superman Pro
For $247 per month, you can enjoy additional features, plus access to an extensive base of knowledge that is provided by Superman himself, via his Superman Pro package. In addition to the basic features that are included in the Alerts plan, Superman Pro gives you weekly video lessons, including an ever-growing library of previous lessons. On top of that you’ll also gain access to premium research reports as well as an IPO as well as earnings tracking tool.
Profit.ly plans and costs
If you’re ready to join the online trading community and leave a mark in the field, Profit.ly has the right amount of tools to get you started. The platform has three membership levels, each designed for traders at different levels. Let’s break down what these three tiers are and how much they’ll cost you.
Novice Plan
The package called Novice is Profit.ly’s entry-level plan designed especially for those who are new to the trading world. When you sign to this plan, you will be immediately given a slew of robust and vital trading tools, each one of them essential in keeping your fingers on what can describe as a cutthroat process by itself.
Some of the features you can accomplish with Profit.ly’s Novice package include the ability to verify trades and track profits; leading, following and even texting your fellow traders, as well as providing feedback on trades today. You can also get on leaderboards; analyze, sort, and filter your trades and, finally, see other people’s statistics.
The Novice plan costs $29.95 per monthly payment. Although it looks attractive for the price alone however, there’s a drawback. You aren’t able to create a personal account, making your activities publicly available. If you’re looking to gain access to this feature, stay tuned as we introduce to you Profit.ly’s new plan.
The Trader Plan
The Trader package allows you to use a majority of features from the novice plan. In this plan, that you can create a private profile to share with other associates all your insights and information you have gained from this trading group.
The price is $49.95/month, Profit.ly’s Trader plan is exactly what it says caters people who want to improve their expertise in trading. As nice as it seems but there’s one important feature that is missing. As opposed to the prior Novice package, you will not be able view other traders’ statistics this might be a drawback for some who may be anticipating this level. Best Penny Stock To Buy
Pro Plan
The Professional plan can be described as the most premium package that Profit.ly can offer to experienced traders. With $74.95 per month, which includes an additional 22% discount for billing annually This plan offers everything. 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 as well, you’re also offered the chance to create an individual profile. Both of these features, on top of all the advantages that you can utilize to the maximum extent. If you’re in search of an option that gives all the features you need to be trader with experience, the Pro level is for you!
Profit.ly’s Other Services
In addition to the training tools and the leaderboards, Profit.ly has a few other services they offer. One of them is the online store, where customers can pick from a range of instructional videos that are created to guide you through the ins and outs of trading. Each of the offerings listed on this page of the site can be bought immediately for your personal use. These include best-selling products such as”Trading Tickers,” the “Trading Tickers” series from trading expert Tim Grittani, Timothy Sykes’s collection of DVDs, streaming-only content on penny stocking, short stocking, and all other related to trading, videos and clips of events like the Annual Pennystocking Conference, and items from other experts in trading.
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Chat rooms integrated into Profit.ly are as well part of Profit.ly’s array of services and features. You may be familiar with the chat room since you will see it on social and messaging platforms, and also on a few specialty websites that provide live chat assistance. However, in Profit.ly it’s seen as a real-time place where gurus and their member traders can communicate and share knowledge in real-time. Every guru has their own style when it comes to running their chat room and dealing with the listed members there. One of them may be a laid-back person who is less active, while another might be more online and communicative in their interactions with students. Think of the chat rooms like Profit.ly’s version of the forum in the essence.
Who is the Ideal trader to Profit.ly?
Profit.ly’s diverse range of products and features caters to an array of stock traders, from beginners to experienced pros. With the variety of deals it has to offer it is certain to have something for every person.
For instance, newbies will appreciate Profit.ly’s library of learning content offered throughout the platform. In addition, they will get daily videos and chat room advice by its internal gurus and members. They’ll also be able select from the products in its online store for them to take wherever they may travel. You can also get hands-on experiences by trading through the platform, however they’ll be able to realize that trading is a high stakes game that shouldn’t be taken as a joke.
For those traders who have had many years of experience down the line, we believe Profit.ly equally suitable to people who are just beginning. While the newbies may not be as adept at dealing with trading issues, the pros already understand the way it functions and the risky mix associated with it. Ideally, they may make use of Profit.ly’s array of features to their full 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-together’ nature doesn’t just apply to newbies as well as semi-seasoned traders. Certified experts can also take part in the fun! Those in the trading industry who are at the same level as Superman and Tim Sykes can also use the power of Profit.ly’s abilities to show off their skill to others as a way to help guide them through the ever-illustrious trading process. Best Penny Stock To Buy
Profit.ly’s Pros and Pros and
The Pros
- Profit.ly’s many capabilities as a “one-stop’ stock trading platform enable traders from all over the world with a wealth of education tools, communication, and trading tools
- You get to be taught by experts and insights from its internal experts, which include collections of educational videos as well as real-time trading activities
- You’re guaranteed transparency throughout Profit.ly with precise analytics and fellow traders who are ready to reach you when something goes wrong.
- The platform’s leaderboard feature gives 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 individual preferences, for instance, posting unauthentic trades via images
- Profit.ly’s variety of packages and subscription levels are priced at affordable rates There’s something for every person
The Cons
- Profit.ly’s abundance of packages and services offered could not be enough for a lot of its customers
- Since traders can choose to make any type of trade, there is an opportunity that some them could profit from selecting the best trades in order to improve their ratings This could be a concern that should not be ignored.
- Profit.ly does not offer refunds, as the premium customers will immediately take advantage of the numerous services that the platform can offer
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The Final Verdict: Is Profit.ly worth it?
If we were able to come up with the answer, it’s an affirmative “yes”. But you need to understand that the platform should not be used as a get-rich-quick scheme. The platform wasn’t originally meant to be designed for this reason. Instead, you need to have curiosity. Best Penny Stock To Buy
What we mean”yes” is that it could be a useful learning tool. Those who may be stuck might find Profit.ly’s variety of resources to be helpful when they try their best to reduce losses and perform better than they did before. It’s not only the poor traders that can benefit from this platform. It will be able to accommodate beginners as well as even experts in the field!
If you really desire to be a better trader and want to learn from your peers and experts on the way, take a look at Profit.ly. Profit.ly is a fantastic choice to start.
FAQ Best Penny Stock To Buy
How do you use Profit.ly to publish your trades?
Profit.ly has the option of allowing trade entries under the “My Trade category on the dashboard that allows you to post your trades that are verified or not. You may choose between three options:
- Linking your account to the brokerage of choice and then importing trades directly from there
- Manually entering your trades into provided spaces and specifics
- Send a screen shot of your trades
How do I know if the trade is verifiable or not?
If you buy your trade from a trusted brokerage, there’s an excellent probability that it’s verifiable. This is evident by the small blue check. If you submit it in a manual way or by taking pictures, it will be classified as unverified.
The downside of having an unauthentic trade is the possibility of receiving negative feedback from fellow peers. A large number of downvotes could cause you to show up at the top of the Madoff leaderboard, which is where the public 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 for download on the Apple App Store and the Google Play store. The mobile app version is compatible with the majority of functioning tablets and smartphones.
How many people are connected to Profit.ly?
Profit.ly currently houses over 150,000 investors and traders as they not only are seeking to make the most profit but also assist each other to learn and improve in acquiring opportunities in the stock market all over the world.
