Stock trading can be a high-stakes game. On some days, you could be reaping the benefits of positive and satisfying numbers. On other days, however it could be the reverse, and it may sometimes be extremely difficult to return to where you were your peak. If you’re immersed in the water, you will have to recognize that relying on instinct and survival might not be enough.
If you’ve suffered losses from time to time You’ll need sound advice from tried-and-tested trading experts. Also, you’ll need an enormous boost from your trading partners from all over the world, which is why we’ve found an option that can help you in your improvement within the field. In this review, we’ll take an in-depth look at Profit.ly, a well-recognized 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. Do check out our article below, however, because it has a comprehensive overview of Profit.ly.
Overall Rating: 4.1/5 Best Pippin Games
Value: 4.1/5
Quality: 4.1/5
Costs: 4.1/5
The User’s 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 uplifting with one another through its wide array of tools and features including chat rooms, trade verification and a rich library of educational content.
What is Profit.ly?
Profit.ly is a trading website which serves as a training and learning platform for those who are starting out and as a hub for experienced traders to track their performance through the use of cutting-edge analytics tools. Offering users a broad range of resources for trade and communication, it helps traders from every field of business connect with one another. It gives the gurus worthy investments within the boundaries of this platform. Think of it as an online social media platform similar like Facebook and Reddit, but for experts and traders.
Profit.ly independently validates trade performance and publishes all data from them in the style of leaderboards. The platform’s trading model is based on honesty and transparency: it ensures that the trades are valid and won’t allow for fraud as much as it is possible. It was founded many years ago by penny stock trade expert and investment expert Timothy Sykes, along with fellow expert Michael Mosseri.
In an interview with Forbes magazine, Sykes declared that Profit.ly was motivated by its focus “on the transparency of the entire spectrum of trades, something which has never been prior to.” This idea Sykes said served two purposes: 1) keeping track of public data for not just the gurus and students and newsletter writers, and 2) making it possible for everyone on the platform to learn from both losses and wins to the benefit of the trading industry. Best Pippin Games
How Does It Perform?
Profit.ly utilizes a subscription model that allows stock traders to gain access to a multitude of features and services aimed at achieving success. You may set up an account at no cost, however you’re only given the capability to browse the leaderboards and monitor the actions of non-gurus. If you’re interested in investing your money and see which stocks the gurus are trading in real-time it is necessary to join one of Profit.ly’s offers that we’ll go over shortly.
The process of opening an account is easy: create an account that includes your personal information and knowledge, then connect your brokerage account, and you’ll be given an opportunity to make your way to the top of the leaderboard. Profit.ly’s leaders’ board feature as we’ve mentioned earlier it is designed to provide its users a glimpse of the performance of the trading community as well as its gurus. You’re not just allowed to demonstrate that you’re worthy to the community of traders. You are also able to use Profit.ly to buy with a guru, and have the assurance that you’re confident in their skills and the credibility of their claims.
If you are unsure about the idea of divulging information about your account with a brokerage, you may choose to publish your trades, verified or not, via screenshots. In Profit.ly are the vast number of trading classes, the ability to view stats in a trader’s profile as well as other ways to interact with your experts in the chatroom, as well as 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 trader who is well-known for delving his hands into the penny-stock market. According to Investopedia Penny stock refers to a small-sized company’s stock which trades at just less than 5 cents per share. The trading of penny stocks is a stepping stone for small companies to move to a market that is larger as it gives them access to funds from the public. But don’t be mistaken – it’s also an extremely risky activity, as Sykes will be able to tell you through his many years of expertise.
Beginning in the latter years of the high schools, Tim Sykes has, since then, earned over $6 million of profit throughout his illustrious career as a trader. At 25 years old, he had been given greater exposure and a larger influence over time when he was a part of the reality show “Wall Street Warriors.” Then, he made use of the show to establish trading rooms and penny stock themes and educational material aimed at those who are new to the trading field. He also helped to establish Profit.ly as a place for transparency and for the community to uplift and compete against each other on the platform.
The Profit.ly Gurus
One of Profit.ly’s amazing features is the variety of learning resources, trade alerts, and other useful stuff offered by the in-house experts of the platform. These gurus refer to the trading experts who have proven to make significant amounts of profit from their collective years of knowledge. Best Pippin Games
At its height, Profit.ly had housed up to five gurus, all of them an expert in their niche within the world of trading. Some of the most famous 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 the platform: Founder as well as penny-stock trader Tim Sykes and veteran smallcap swing trader Paul Scolardi, also known as Superman. When we take that into account we’ll take a look at the packaged offers each guru has to offer.
From Tim Sykes Tim Sykes: Tim’s Alerts
Sykes provides a basic stock trading service that focuses on penny-stock day trading via Tim’s Alerts. At $74.95 per month, you will observe him focus on basic stock catalysts and employ them to forecast the next moves that could occur when making trades.
A single purchase in Tim’s Alerts will get you access to the chatroom and the mobile application that is available to iOS as well as Android devices, texts, emails and push alerts as well as a daily watchlist of stocks.
from Tim Sykes: The Pennystocking Silver Package
Pennystocking Silver is the premium version, with an upgraded version of Tim’s Alerts package. It costs $149.95 for a month this is an ideal plan for investors who are invested in penny stock trading. Pennystocking Silver comes with all the standard features found in earlier plans which includes swing trading alerts as well as unlimited access to a rich collection of more than 7,000 educational videos and new videos released each week.
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The following video is from “Superman” Paul Scolardi: Superman Alerts
Scolardi, who goes by the alias “Superman,” is a professional in swing trading with an eye for both small-cap monumental stocks and crazy-accurate marketing forecasts. Since when he first started trading, Superman has amassed over $5.5 million in total trading profits. Best Pippin Games
The Superman Alerts package is his offering of essential features and trading alerts geared toward those who may be interested. For just $147 per month, you’ll have access 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 the price of $247, you receive additional features, as well as access to the extensive knowledge base that is provided by Superman himself via the Superman Pro package. In addition to the basic features that are included in the Alerts package, Superman Pro gives you weekly video lessons, including the growing collection of previous lessons. On top of that you’ll also gain access to premium research reports as well as an IPO or earnings monitor.
Profit.ly Plans and Costs
If you’re looking to join the trading community on the internet and leave a mark in the field, Profit.ly has the right amount of resources to help you up and running. The platform has three membership levels that are designed to accommodate traders of different levels. Let’s break down what these three are and how much they will cost you.
Novice Plan
The Novice package is Profit.ly’s beginning-of-the-line plan specifically for those who are just beginning their journey to the world of trading. When you sign up for this package you’ll be provided with a variety of powerful and indispensable trading tools, each of them integral in keeping your fingers on what we can describe as a cutthroat process by itself.
Some of the features you can accomplish using Profit.ly’s Novice program is the capability to check the results of your trades and track profit; leading, following and even texting your fellow traders; and giving feedback on the trades of today. You’re also allowed to get on leaderboards; analyze, sort, as well as filter trades and, lastly, view the statistics of other traders.
The Novice plan costs $29.95 per monthly payment. Although it might look appealing simply because of the price however, there’s a drawback. You aren’t able to create a personal profile, which makes your personal information public. If you do want to get an account with this option, you should keep an eye on us as we present to you Profit.ly’s next strategy.
Trader Plan
The Trader plan allows users to benefit from the majority of features available in the novice plan. It is in this plan that you can set up an account that is private to share with fellow associates all your insights and information you have gained from this trading group.
Costing $49.95/month, Profit.ly’s Trader plan will do what the name implies: Cater to those who desire to harness their skills in trading. While it’s nice but there’s one important element that’s missing. In contrast to the Novice package, you will not be able view other traders’ statistics this could be a disadvantage for those who are eager to try this new tier. Best Pippin Games
Pro Plan
The Pro plan is the most expensive plan Profit.ly can offer to experienced traders. With $74.95 monthly, with a 22% discount for annual billing the Pro plan has everything. You will have full, unrestricted access to all features from the two prior plans.
Not only do you get to look at other people’s statistics as well, you’re also offered the option of creating a private profile. These two features are in addition to the benefits that you can use to their fullest capacity. If you’re looking for an option that gives you with everything you require as trader with experience, the Pro plan is the right choice for you!
Profit.ly’s Other Services
Apart from the provided trainer tools and leadersboards Profit.ly has a few additional services that it can offer. One of those is its online store, which lets users choose from a wide array of instructional videos that are created to guide you through the ins and outs of trading. The products listed on this page of the website is available to be bought immediately for your personal use. Among these products include best-sellers like the “Trading Tickers” series by trader specialist Tim Grittani, Timothy Sykes’s collection of DVDs, streaming-only content related to short stocking, penny stocking, and all other related to trading, videos and scenes taken from The Annual Pennystocking Conference, and products from other expert traders.
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Chat rooms integrated into Profit.ly are also part of Profit.ly’s variety of services and features. You’re 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 offer live chat assistance. However, in Profit.ly the chat room is viewed as a area where experts and member traders can communicate and learn in real time. Each guru has their style in running their chat rooms and dealing with the listed members. One might be a laid-back person who is not very often engaged, while another could be more active and in touch to their pupils. Think of chat rooms like Profit.ly’s version of a forum, in the essence.
Who is the best Trader for Profit.ly?
Profit.ly’s variety of offerings and features caters to the wide range of stock trader types, from novices to experienced professionals. With the variety of deals it has to offer this platform definitely has something for all.
Beginners, for instance, can take advantage of Profit.ly’s knowledge-based content offered throughout the platform. They will also be provided with videos every week and chat room tips from its in-house gurus and members. They’ll also be able to pick from the merchandise available in its online store that they can take with them wherever they go. You can also get hands-on experience trading on the platform, but eventually, they will soon learn that this is a high-stakes game that shouldn’t be treated as a joke.
For those traders who have had decades of experience in the line, we believe Profit.ly as equally as suitable to the newcomers. While the newbies may not be as well-equipped with dealing with trading issues however, experienced traders know how it works and the stack full of risks associated with it. It is ideal to use Profit.ly’s variety of features to their full advantage to improve their trading skills. Like novices, they can study from the gurus as well as experts, and take advantage of short tips and tricks to help them along.
Profit.ly’s “all-in” approach doesn’t just apply to newbies and semi-experienced traders. Verified experts can also join in the excitement! People in the trade industry who are on the same level as Superman as well as Tim Sykes can also use up Profit.ly’s capabilities to showcase their skill to others as a way to navigate them through the ever-changing trading process. Best Pippin Games
Profit.ly’s Pros and Pros and
The Pros
- Profit.ly’s diverse capabilities as a ‘one-stop’ stock trading platform allows it to provide traders everywhere with a wealth of education tools, communication, and trading tools
- You will be provided with excellent lessons and tips from the internal experts, which include video libraries that teach you how to learn and real-time trading activities
- You’re assured of transparency throughout Profit.ly with precise analytics as well as fellow traders who are ready to reach you out if something occurs.
- The leaderboard feature of the platform offers you a way to build your credibility as a trustworthy and authentic trader
- Apart from its core features, Profit.ly also gives its customers additional options to meet their needs, like posting trades that are not authentic by taking screenshots
- Profit.ly’s variety of subscription levels and guru packages are priced at a reasonable cost There’s something for everyone
The Cons
- Profit.ly’s abundance of packages and services offered could seem overwhelming for a lot of its users
- If traders decide to make any type of trade, there is the possibility that some of them could profit from picking the most profitable trades to increase the rating This could be a problem that shouldn’t be ignored.
- Profit.ly does not offer refunds, as the premium customers will immediately benefit from the many services the platform has to offer
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The Final Verdict The Final Verdict: Is Profit.ly Worth It?
If we could think of an answer to this question, it’s a ‘yes’. But it is important to realize that it shouldn’t be treated as a quick-fix scheme to make money. The platform was not always designed to be used to achieve this goal. Instead, it is best to keep curiosity. Best Pippin Games
What we mean by ‘yes’ is that it could be a useful learning tool. Those who may be stuck might be able to find Profit.ly’s array of resources to be helpful as they do their best to incur lesser losses and perform better than they did before. It’s not just the struggling traders who will benefit from the platform. It can accommodate beginners and even experts in the field!
If you truly want to become more successful in trading and would like to be taught by your mentors and peers on the way, you should look no further than Profit.ly. Profit.ly is a fantastic choice to start.
FAQ Best Pippin Games
How can you make use of Profit.ly to post your trades?
Profit.ly offers the option of allowing trade entries in the My Trade’ category of the dashboard. It allows you to post your trades that are verified or not. There are three options:
- Linking your account to the broker of choice and import transactions directly through there
- Manually entering your trades into specified spaces and information.
- Upload a screenshot of your transactions
How do I know whether the trade is authentic or not?
If you buy your trade from a reputable brokerage, there’s the chance that it is verifiable. This is evident by the small blue check. If you post the information manually or via images, it will be classified as unverified.
The downside of having an unauthentic trade is the risk of getting downvotes from your fellow peers. A large number of downvotes could cause you to show up on the Madoff leaderboard, where people can see who’s dishonest in posting trades.
Is the Profit.ly mobile application still available?
As of the moment, Profit.ly is still available to download via the Apple App Store as well as the Google Play store. The mobile app version is compatible with most operating tablets and smartphones.
How many people are on Profit.ly?
Profit.ly currently houses more than 150,000 investors and traders as they not only are looking to earn maximum profits but also help each other grow and learn more about acquiring stock market opportunities left and right.
