The stock market can be an exciting game with high stakes. On some days, you might have the benefit of pleasing and positive numbers. On other days, however you may experience the opposite and it can be extremely difficult to return to where you were at your best. If you find yourself immersed in the water, you will have to recognize that relying on instinct and survival is not always enough.
If you’ve experienced losses from time to time and you’re likely to require solid advice from seasoned and tested trading experts. You’re also gonna need an enormous boost from your trading partners from all over the world, which is why we’ve identified an online platform that will help you in your improvement in the market. We’ll be taking an in-depth look at Profit.ly, a well-recognized one-stop 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.
Total Rating: 4.1/5 Best Penny Stock Under 10 Cents
Users Experience 4.5/5
Profit.ly is an online trading platform that allows traders of various levels to be informative and accountable, as well as transparent and uplifting with each other by offering a wide range of features and tools such as trade verification, chat rooms and a rich library of educational material.
How do I define Profit.ly?
Profit.ly is a site for trading that functions as a learning and education platform for traders who are starting out as well as a place for traders with experience to keep track of their performance through the use of cutting-edge analytics tools. Providing users with a wide range of resources to facilitate trade and communication that help traders from all walks of life network with each other. It gives the gurus an opportunity to invest in the right areas of this platform. Consider it an online social media platform similar the likes of Facebook and Reddit however it is geared towards traders and experts.
Profit.ly independently verifies trade performances and then publishes the information from them in the style of leaderboards. The platform’s trading model is based on transparency and honesty: it guarantees that the trades are authentic and won’t accept fake news as long as possible. It was founded years ago by the penny stock trade expert and investment guru Timothy Sykes, along with the other expert Michael Mosseri.
In an interview for Forbes magazine Sykes stated that Profit.ly was motivated by its focus “on showing every trade, something that has never been prior to.” This idea was, he said, serving two purposes: 1) creating public track records for all traders, not just the gurus as well as newsletter writers and students and secondly) allowing all users to gain insight into both losses and wins to benefit the industry of trading. Best Penny Stock Under 10 Cents
How Does It How Does It
Profit.ly follows a subscription-based model which allows stock traders to have access to a range of services and features geared toward the success of their business. It is possible to create an account there for free, but you’re only limited to having the ability to navigate through the leaderboards and monitor the activities of non-gurus. If you’re interested in investing your money and see which stocks the gurus are trading in real-time, you will need to sign up to one of Profit.ly’s offerings that we’ll discuss in the near future.
Setting up an account is easy: create an account with your experience and expertise, connect your brokerage account, and you’ll be given an opportunity to make your way up to at the very top of the list. Profit.ly’s Leaderboard function, which was previously mentioned, is designed to give its users a glimpse of the performance of the trading community as well as its gurus. You’re not just allowed to prove your worth to a community of traders, but you can also use Profit.ly to purchase from a guru with the confidence that you are confident with their expertise and the veracity of their claims.
If you are unsure about the idea of divulging your brokerage account, you can decide to share your trades, verified or not, by taking photographs. Included in Profit.ly is the huge selection of trading courses, the ability to view the stats of a trader’s account as well as other ways to interact with your experts through the chatroom in addition to email and text alerts 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 involvement in penny stock trading. According to Investopedia, a penny stock refers to a small-sized company’s stock which trades at under $5 for each share. Penny stock trading could be viewed as an avenue for small businesses to transition to a large marketplace as they can access funds from the public. But don’t be mistaken – it can also be a high-risk game, which Sykes is sure to reveal because of his decades of experience.
Beginning in the latter years of high school, Tim Sykes has, since then, made over $6 million of profits throughout his illustrious career as a trader. When he was 25 years old Sykes was given greater exposure and an even wider reach of influence as a participant in the reality TV show “Wall Street Warriors.” Then, he took advantage of it to create trading rooms as well as penny stock themes and educational content geared toward those who are new to the trading field. He also helped establish Profit.ly as a platform for transparency, and for the community to uplift and compete through the platform.
The Profit.ly Gurus
One of Profit.ly’s most appealing features is the wide range of learning 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 proven to make substantial profits through their years of knowledge. Best Penny Stock Under 10 Cents
At its height, Profit.ly had housed up to five gurus, all of them a pro in their niche within the world of trading. Some of the most 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 look at what packaged deals each guru offers.
From Tim Sykes: Tim’s Alerts
Sykes provides a basic stock trading service which focuses on penny stock day trading through Tim’s Alerts. At $74.95 per month, you’ll see him focus on the fundamental stock catalysts and use them to predict the next possible moves in making trades.
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, as well as texts, emails and push alerts; as well as a daily watchlist of stocks.
from Tim Sykes: The Pennystocking Silver Package
Pennystocking Silver is the most premium, upgraded version of the Tim’s Alerts package. At $149.95 for a month this is a great option for those who are committed to the penny-stock market. Pennystocking Silver includes all the basic features of the previous plan, such as swing trading alerts as well as unlimited access to a rich collection of more than 7,000 educational videos that are updated each week.
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From “Superman” Paul Scolardi: Superman Alerts
Scolardi who goes under the name “Superman,” is a trader who has an eye for both massive stocks of the small-cap size and insanely accurate marketing forecasts. In the time since when he first started trading, Superman has amassed over $5.5 million in all-time trading earnings. Best Penny Stock Under 10 Cents
The Superman Alerts plan is an offering of essential features and trading alerts targeted to those interested. For $147/month, you’ll get an access to the day-to-day stock watchlist that is premarket along with the mobile application, daily market updates in real time, and email and SMS alerts.
From “Superman” Paul Scolardi: Superman Pro
For $247 per month, you can enjoy additional features, as well as access to a knowledgeable base that is provided by Superman himself through Superman Pro. 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 get access to premium research reports as well as the IPO as well as earnings tracking tool.
Profit.ly plans and costs
If you’re eager to join the world of online trading and leave a mark in 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 with different levels. Let’s look at what the three levels are and what they’ll cost you.
This package for novices is Profit.ly’s entry-level plan designed especially for people who are brand new to the world of trading. Once you have signed up for this package you’ll be provided with a variety of powerful and vital trading tools, each one of them essential in keeping your hands on what we call a competitive process in and of itself.
Among the list of things you can do using Profit.ly’s Novice package include the ability to verify trades and track profits; leading, following and even chatting with your fellow traders; and providing feedback on trades today. You can also get on leaderboards; analyze your trades, sort or filter the trades you make; and lastly, look at other people’s statistics.
The Novice plan will cost $29.95 per monthly payment. Although it looks attractive just by the price however, there’s a drawback. It isn’t possible to create a private profile, thus making your personal information 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 strategy.
The Trader package allows users to benefit from a majority of features from the Novice plan. In this plan, that you are able to create an individual profile that allows you to share with other associates all your insights and intel in trader’s community.
The price is $49.95/month, Profit.ly’s Trader plan does what the name suggests caters people who want to harness their expertise in trading. As nice as it seems however, there’s a crucial element that’s missing. In contrast to the Novice package, you will not be able to see the statistics of other traders this could be a disadvantage for those anticipating this level. Best Penny Stock Under 10 Cents
The Pro plan is the highest expensive plan Profit.ly can offer to experienced traders. At $74.95 per month, and 22% off for billing annually, this tier has it all. It gives you full, unlimited access to all features of the previous plans.
Not only do you get to see other users’ stats, but you’re also given the chance to create an individual profile. Both of these options, plus the other advantages that you can utilize to the fullest potential. If you’re in search of an account that will give you everything you need as trader with experience, the Pro plan is the right choice for you!
Profit.ly’s Other Services
Apart from the provided tools for training and leaderboards, Profit.ly offers a number of other services they provide. One of these is its online store, which allows users to select from a variety of instructional videos that are that are designed to educate and help you understand the nuances and pitfalls of trading. The products listed in this section of the website can be purchased immediately for personal use. Among these products include best-sellers like the “Trading Tickers” series from trading professional Tim Grittani, Timothy Sykes’s library of DVDs and streaming-only content related to penny stocking, short stocking, as well as all related to trading, videos and footage taken from the Annual Pennystocking Conference, and products from other expert traders.
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Chat rooms integrated into Profit.ly are as well part of Profit.ly’s variety of features and services. You are probably familiar with the concept of chat rooms since you can see it across social and messaging platforms in addition to a few special websites that offer live chat assistance. But on Profit.ly the chat room is viewed as a hands-on space where experts and their member traders can communicate and exchange knowledge in real-time. Every guru has their own style in operating their chat room and dealing with the listed members there. One of them may be a laid-back person who is not very often active, while another may be more online and communicative in their interactions with students. Consider chat rooms as Profit.ly’s version of a forum, in its essence.
Who is the Ideal trader to Profit.ly?
Profit.ly’s diverse range of products and features caters to the wide range of stock trader types, from novices to the most experienced. Given the wide range of options it can provide it is certain to have something for all.
Newbies, for instance, will enjoy Profit.ly’s collection of educational materials available across the platform. Not only will they get daily videos and chat room tips from its in-house gurus as well as their members. They’ll also be able select from the products in its online store that they can take with them wherever they may travel. You can also get hands-on experiences by trading through the platform, however, they will soon learn that the process 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 road, we consider Profit.ly equally suitable to people who are just beginning. While novice traders may not be as adept at handling trading matters but the experts already know the way it functions and the stack full of risks that it carries. It is ideal to utilize Profit.ly’s array of features to their full advantage to improve their trading skills. Like novices, they can study from the gurus and experts and utilize those quick tips and tidbits along the way.
Profit.ly’s “all-in” approach doesn’t just apply to newbies or semi-experienced trader. Verified experts can also join in the fun! Trade professionals who are on an equal level with Superman or Tim Sykes can also use Profit.ly’s capabilities. Profit.ly’s capabilities to display their skill to others as a way to navigate them through the ever-changing trading process. Best Penny Stock Under 10 Cents
Profit.ly’s Pros and Pros and
- Profit.ly’s numerous capabilities as a “one-stop” stock trading platform enable traders from all over the world with an abundance of knowledge tools, communication, and trading tools
- You will be provided with excellent lessons and tips from the internal experts, which include collections of educational videos as well as live trading activity.
- You’re guaranteed transparency throughout Profit.ly by using accurate data as well as fellow traders that are waiting to reach you out whenever something happens
- The leaderboard feature on the platform gives you the opportunity to increase your credibility as a trustworthy and verifiable trader
- In addition to its primary features, Profit.ly also gives its users extra options to suit their individual preferences, for instance, posting trades that are not authentic by taking images
- Profit.ly’s variety of packages and subscription levels are priced at a reasonable cost – there truly is something for every person
- Profit.ly’s numerous packages and products offered may be too much for the majority of its customers
- Since traders can choose 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 accept refunds, as the premium customers will immediately benefit from the number of features the platform is able to offer
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The Final Concluding Question is: Is Profit.ly worth it?
If we could come up with an appropriate answer for this query, it would be a ‘yes’. But it is important to realize that it shouldn’t be treated as a scheme to get rich quick. It wasn’t designed to be used in this way. Instead, it is best to keep the ability to think with an open heart. Best Penny Stock Under 10 Cents
What we mean”yes” is it is a fantastic learning tool. Those who may be stuck might find Profit.ly’s variety of resources useful in their efforts to avoid loss and perform better than they did before. Not only struggling traders who will benefit from the platform. It is able to accommodate novices and even experts!
If you really want to become a better trader and want to learn from your peers and experts on the way, you should look no further than Profit.ly. Profit.ly is a fantastic option to begin.
FAQ Best Penny Stock Under 10 Cents
How can you make use of Profit.ly to publish your trades?
Profit.ly includes an entry section for trades within the “My Trade category on the dashboard that lets you post your trades, verifiable or otherwise. There are three choices:
- Linking your account to the broker of choice and import trades directly from there
- Manually entering your trades using the spaces provided and details
- Take a photo of your transactions
How do I know whether the trade can be verified or not?
If you import your trade from a trusted brokerage, there’s a high chance that it is verifiable. This is indicated with the blue check mark. If you submit it manually or through images, it will be classified as unverified.
The drawback of posting an unauthentic trade is the chance of receiving downvotes from fellow peers. Too many downvotes may cause you to show up on the Madoff leaderboard, where users can detect who’s being untruthful in submitting trades.
Are the Profit.ly mobile app still in use?
At the time of writing, Profit.ly is still available to download via the App Store for Apple and the Google Play store. The mobile version of the app works with all operating tablets and smartphones.
How many people are currently connected to Profit.ly?
Profit.ly is currently home to over 150,000 traders and investors, since they’re not just trying to maximize profits but also to help one another learn and improve in acquiring opportunities in the stock market both right and left.