Stock trading is an extremely risky game. On certain 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 get back to where you were at your peak. If you’re immersed in the water You will need to recognize that relying on your instincts and preserving might not be enough.
If you’ve been incurring loss from time to time, you’re gonna be needing solid advice from seasoned and tested trading experts. You’re also gonna need an important boost from trading partners from all over the globe, which is why we’ve identified a platform that can support you in your growth in the market. This review will be taking 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 Biggest Penny Stock Gainers 2021
User Experience: 4.5/5
Profit.ly can be described as an online platform for trading that allows traders of all levels to be knowledgeable responsible, transparent, and to build relationships with each other through its broad variety of tools and features like chat rooms, trade verification as well as an extensive library of educational material.
How do I define Profit.ly?
Profit.ly is a site for trading that functions as a training and learning platform for those new to trading and also as a platform for experienced traders to track their performance with the help of advanced analytics tools. Offering users a broad array of options for trade and communication that help traders from all walks of life connect with each other. It gives the gurus an opportunity to invest in the right areas that the site. Think of it as a social media site akin like Facebook and Reddit however it is geared towards experts and traders.
Profit.ly independently verifies trade performances and posts all the data from them in the form of leaderboards. The trading platform is built on honesty and transparency: it ensures that the trades are valid and won’t accept fake news as long as possible. It was founded in the past by penny stock trade expert and investment expert Timothy Sykes, along with his colleague Michael Mosseri.
One time , during an interview with Forbes magazine Sykes said that Profit.ly was motivated by its focus “on the transparency of the entire spectrum of trades, something which has never been done before.” The concept was, he said, serving two goals: 1.) keeping track of public data for all traders, not just the gurus as well as students and newsletter writers, and 2) making it possible for everyone on the platform to gain insight into both losses and wins to benefit the industry of trading. Biggest Penny Stock Gainers 2021
How Does It How Does It
Profit.ly utilizes a subscription model that allows stock traders to have access to a range of services and features geared toward achievement. You can create an account there at no cost, however you’re only given the ability to navigate through the leaderboard and follow the activities of people who aren’t gurus. If you’re ready to invest your money to see what stocks the experts are trading in real-time it is necessary to subscribe to any of Profit.ly’s offers that we’ll go over shortly.
Making an account simple: Create an account with your experience and knowledge, then connect your brokerage account, and you’ll have a chance to shoot 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 an insight into how the community of traders performs and its experts. It’s not just a way to show that you’re worthy to the group of traders, but you can also use Profit.ly to purchase from a guru with the confidence that you are confident in their skills and the legitimacy of their claims.
If you’re not comfortable with the idea of sharing the details of your broker account you can opt to post your trades, whether verified or otherwise, through photographs. In Profit.ly are a variety of trading courses and the capability to see the stats of a trader’s account, and more ways to connect with your gurus in 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 trader who is famously known for his involvement in trades in penny stocks. According to Investopedia Penny stock is a small business’s stock that trades for under $5 for each share. Penny stock trading can be seen as an opportunity for small-scale businesses to make the transition to a large marketplace as they can access money from the public. However, don’t get it wrong – it’s also an extremely risky game, as Sykes is sure to reveal through his many years of experience.
Beginning in the latter years of the high schools, Tim Sykes has, since then, made an estimated $6 million profit during his long and successful career as trading professional. When he was 25 years old Tim Sykes had received greater exposure and an even wider influence over time as a participant in the reality series “Wall Street Warriors.” He then took advantage of it to establish trading rooms, penny stock themes, and educational content geared toward those who are new to the trading field. He also helped to establish Profit.ly as a platform for openness, and for the community to lift each other up and compete through the platform.
The Profit.ly Gurus
One of Profit.ly’s amazing features is the variety of learning resources, trade alerts, as well as other useful information provided by the platform’s in-house gurus. Gurus are referred to the trading experts who have made substantial profits from their collective years of knowledge. Biggest Penny Stock Gainers 2021
At its peak, Profit.ly had housed up to five gurus, all of them a pro in their niche in the trading industry. Some of the most prominent experts were Connor Bruggermann, Nathan Michaud of Investors Underground, and Triforce among others. At the time of writing, there are only two gurus who 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. When we take that into account, let’s take a look at the packages each guru offers.
From Tim Sykes Tim Sykes
Sykes provides an essential stock trading service which focuses on penny-priced day trading with Tim’s Alerts. The cost is $74.95 per month, you’ll be able to observe him focus on fundamental stock catalysts and use them to predict the next move that is possible when trading.
A purchase on its own of Tim’s Alerts will get you access to the chatroom as well as the mobile application that is available on 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 most premium, upgraded version of the Tim’s Alerts package. At $149.95 per month, it is an ideal plan for those who are more involved in penny stock trading. Pennystocking Silver includes all the basic features of prior plans, including swing trading alerts as well as unlimited access to a collection of more than 7,000 educational videos and new videos released weekly.
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The following video is from “Superman” Paul Scolardi: Superman Alerts
Scolardi, who goes by the alias “Superman,” is a swing trading professional 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 total trading profits. Biggest Penny Stock Gainers 2021
The Superman Alerts plan is an offer of the most essential features and trading alerts targeted to those interested. For $147/month, you’ll get access to the daily stock watchlist that is premarket and the mobile app, the daily market commentary shown in real time, and E-mail and SMS alerts.
In “Superman” Paul Scolardi: Superman Pro
For the price of $247, you receive additional features, plus access to an extensive base of knowledge provided by Superman himself via Superman Pro. Superman Pro package. In addition to the basic features that are included in the Alerts package, Superman Pro gives you daily video lessons, which include a growing library of all other previous ones. Additionally, you’ll also get the ability to access premium reports on research and an IPO and earnings tracker.
Profit.ly Plans and Costs
If you’re eager to join the online trading community and leave your mark on the market, Profit.ly has the right amount of resources to help you started. Profit.ly offers three membership levels that are designed to accommodate traders of different levels. Let’s take a look at what these three tiers are and how much they will cost you.
The Novice package is Profit.ly’s beginning-of-the-line plan specifically for people who are brand new to the trading community. As you sign to this plan, you will be immediately given a slew of robust and essential trading tools, all of which is essential to keep your fingers on what call a competitive process in and of itself.
Among the list of things you can accomplish using 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 your fellow traders; and leaving feedback on today’s trades. It also allows you to be onto leaderboards; study the results of your analysis, sort, and filter your trades and, lastly, view other’s stats.
The Novice plan will cost $29.95 per month. Although it might look appealing simply because of the price, there is a downside. You can’t create a private account, 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 new plan.
The Trader Plan
The Trader package lets you to take advantage of a majority of features from the Novice plan. In this plan, that you are able to create a private profile to share with fellow associate users all the 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: Cater for those looking to develop their trading skills. As nice as it seems, there is one significant feature that is missing. In contrast to the Novice package, you won’t be able to view other traders’ stats, which could be a disadvantage for those eager to try this new tier. Biggest Penny Stock Gainers 2021
The Professional plan can be described as the most premium package that Profit.ly can offer to experienced traders. With $74.95 per month, with 22% off for annual billing, this tier has everything. You get full, no-holds-barred access to all the options of the prior plans.
In addition, you’ll be able to view other people’s stats as well, you’re also offered the opportunity to create your own 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 looking for a plan that can serve you with everything you require as trader with experience, the Pro level is ideal for you!
Profit.ly’s Other Services
Apart from the provided tools for training and leadersboards Profit.ly has a few additional services that it can offer. One of these is its online store, which allows users to choose from a wide array of video products designed to inform and provide guidance on the ins and outs of trading. The products listed on this page of the site can be immediately purchased for personal use. Some of these include bestsellers like”Trading Tickers,” the “Trading Tickers” series by trader professional Tim Grittani, Timothy Sykes’s collection of DVDs and streaming-only content about penny stocking, short stocking, and other things trading-related, clips and footage taken from events like the Annual Pennystocking Conference, and products from other expert traders.
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The integrated chat rooms are also part of Profit.ly’s range of services and features. You’re probably familiar with the concept of the chat room as you will see it on social and messaging platforms, as well as some specialty websites that provide live chat support. However, in Profit.ly, it is seen as a place where gurus and their members trade and share knowledge in real-time. Each guru has their style in operating their chat room and dealing with the members there. One of them may be laid back and less engaged, while another could be more online and communicative with their students. Think of chat rooms as Profit.ly’s version of the forum, in the essence.
Who is the Ideal Trader for Profit.ly?
Profit.ly’s diverse range of products and features are geared towards a large variety of stock traders, from beginners to experienced pros. With the variety of deals it has to offer this platform definitely has something for everyone.
Beginners, for instance, will appreciate Profit.ly’s collection of educational materials available across the platform. In addition, they will be enriched with weekly videos and chat room advice from its in-house gurus as well as their members. Additionally, they can choose from the items on its store online for them to take wherever they may go. Additionally, they can gain practical experiences by trading through the platform, however, they will soon learn that this is a risky game that shouldn’t be treated as an amusing pastime.
For those traders who have had decades of experience in the line, we see Profit.ly as equally as suitable to the newcomers. While novice traders may not be as well-equipped with managing trading, the pros already understand the way it functions and the stack full of risks that come with it. In the ideal scenario, they can utilize Profit.ly’s range of features to their best advantage to enhance their skills in trading. As beginners, they are able to study from the gurus as well as experts, and take advantage of simple tips and hints to help them along.
Profit.ly’s “all-in” approach does not only apply to beginners or semi-experienced trader. Verified experts can also join in the enjoyment! People in the trade industry who are on the same level as Superman and Tim Sykes can also use the power of Profit.ly’s capabilities to display their skill to others as a way to guide them through the ever-illustrious trading process. Biggest Penny Stock Gainers 2021
Profit.ly’s Pros and Pros and
- Profit.ly’s many capabilities as a “one-stop” platform for trading stocks allows it to provide traders everywhere with a wealth of education communications, trading, and communication tools
- You’ll be taught by experts and advice from the company’s in-house gurus, including collections of educational videos as well as trading in real-time.
- You’re assured of transparency throughout Profit.ly with accurate analytics as well as other traders who are ready to reach you when something goes wrong.
- The leaderboard feature on the platform gives you the chance to establish your credibility as a trustworthy and authentic trader
- Apart from its main features, Profit.ly also gives its customers additional options to meet their preferences, such as posting unverifiable trades through images
- Profit.ly’s diverse range of subscription levels and guru packages are priced at reasonable prices – there truly is something for every person
- Profit.ly’s numerous products and packages offered might be too much for a lot of its customers
- Since traders can choose to open any kind of trade, there is a possibility that some of them will profit by selecting the best trades in order to increase the rating This could be a risk that shouldn’t be overlooked.
- Profit.ly will not allow refunds, as its premium users are expected to immediately take advantage of the numerous services that the platform can provide
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The Final Verdict: Is Profit.ly Valued?
If we could come up with the answer, it’s an affirmative “yes”. But it is important to realize that it shouldn’t be treated as a get-rich-quick scheme. It wasn’t designed to be used in this way. Instead, you need to have curiosity. Biggest Penny Stock Gainers 2021
What we are referring to by ‘yes’ is that it could be a useful learning tool. People who are stuck could find Profit.ly’s range of resources helpful as they do their best to avoid losses and perform better than before. It’s not only the poor traders that can profit from the platform. It will be able to accommodate beginners as well as even experts in the field!
If you really desire to be better at trading and wish to learn from your peers and experts throughout the process, then take a look at Profit.ly. Profit.ly may be a great choice to start.
FAQ Biggest Penny Stock Gainers 2021
How do you use Profit.ly to post your trades?
Profit.ly includes a trade entry portion under the My Trade’ category of the dashboard which lets you post your trades that are verified or not. You may choose between three options:
- Linking your account to the brokerage of choice and importing transactions directly through 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 purchase your trade from a reputable brokerage, there is an excellent probability that it’s verifiable. This is evident by the small blue check. If you upload it manually or through images, it will be classified as unverified.
The disadvantage of an unverified trade is the chance of getting downvotes from your friends and colleagues. A large number of downvotes could result in you appearing on the Madoff leaderboard, where people can see who’s untruthful in submitting trades.
Is the Profit.ly mobile application still available?
As of this writing, Profit.ly is still available to download via the Apple App Store and the Google Play store. The mobile version of the app is compatible with most operating tablets and smartphones.
How many people are currently on Profit.ly?
Profit.ly is currently home to over 150,000 traders and investors, as they not only are trying to maximize profits but also help each other learn and improve in acquiring stock market opportunities all over the world.