The stock market can be an extremely risky game. On certain days, you could enjoy the benefits of positive and satisfactory numbers. On other days, however you may experience the opposite, and it may sometimes be very difficult to return to where you were at your best. If you are constantly stuck in the gutter You will need be aware that relying solely on pure instinct and preservation may not always be enough.
If you’ve suffered losses from time to time and you’re likely to require solid advice from seasoned and tested trading experts. Also, you’ll need an important boost from fellow traders from around the globe, which is why we’ve found an option that can help you to improve your performance in the industry. We’ll take the time to look at Profit.ly A well-respected 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 Biggest Penny Stock Gainers Ever
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 various levels to be informed, transparent, accountable, and to build relationships with each other through its broad variety of tools and features like chat rooms, trade verification and a rich library of educational content.
How do I define Profit.ly?
Profit.ly is a site for trading which serves as a learning and education platform for traders who are starting out and also as a platform for traders who are experienced to monitor their performance with the help of cutting-edge analytics tools. Providing users with a wide array of options to facilitate trade and communication, it helps traders from all walks of life network with one another. It offers gurus with worthy investments within the boundaries of the platform. Think of it as an online social media platform similar to Facebook and Reddit, but for professionals and traders.
Profit.ly independently validates trade performance and posts all the data from them in the form of leaderboards. The platform’s trading model is based on trust and transparency. it makes sure that trades are authentic and won’t tolerate inauthenticity as much as is humanly possible. It was created years ago by the penny expert in stock trading and investment expert Timothy Sykes, along with fellow expert Michael Mosseri.
One time during his interview for Forbes magazine Sykes said that Profit.ly was based “on showing every trade, something that has never been done before.” The concept, he added, served two goals: 1.) keeping track of public data for all traders, not just the gurus and students and newsletter writers, and 2) giving anyone on the platform to gain insight into both losses and wins to the benefit of the trading industry. Biggest Penny Stock Gainers Ever
How Does It Perform?
Profit.ly utilizes a subscription model which allows stock traders to have access to a range of features and services aimed towards achieving success. You can create an account for free, but you’re only given the capability to browse the leaderboard and follow the activities of non-gurus. If you’re looking to invest your money in order to find out which stocks the gurus are trading in real-time it is necessary to join one of Profit.ly’s deals, which we will review in the coming days.
Making an account simple: Create an account with your experience and skills, join to your brokerage account and you’ll have an opportunity to make your way up to high on the leaderboard. Profit.ly’s leaders’ board feature as we’ve mentioned earlier it is designed to provide its users a glimpse of their performance as a trading group and its experts. You’re not just allowed to demonstrate your worth to a community of traders. You can also utilize Profit.ly to purchase with a guru, and have the confidence that you are confident of their knowledge and the legitimacy of their claims.
If you feel uneasy with the concept of leaking your brokerage account, you may choose to publish your trades, either verified or not, by taking pictures. Included in Profit.ly is the huge selection of courses in trading as well as the ability to look at statistics on a person’s profile and other methods to interact with your experts via chatrooms along with email and text alerts as well as updates.
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Meet the Founder: Tim Sykes
Timothy Sykes is a well-renowned day trading guru who has been famously known for delving his hands into penny stock trading. According to Investopedia Penny stock refers to a small company’s shares that trade for less than $5 per share. Penny stock trading could be viewed as an avenue for small companies to move to a large marketplace as it allows them to access funds from the public. However, don’t get it wrong – it can also be an extremely risky activity, as Sykes can surely tell thanks to his years of expertise.
From his beginnings at the end of his time in High School, Tim Sykes has, since then, made over $6 million of profit through his lengthy career as trader. At 25 years old Tim Sykes had received more exposure and a wider reach of influence when he became part of the reality series “Wall Street Warriors.” Then, he used the opportunity to create trading rooms as well as penny stock themes and educational material aimed at those who are just beginning to learn about trading. He also helped establish Profit.ly as a platform for transparency, 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 education sources, trade alerts and other helpful stuff provided by the in-house experts of the platform. The gurus in question refer to the experts in trading who have proven to make substantial profits through their years of experience. Biggest Penny Stock Gainers Ever
At its height, Profit.ly had housed up to five gurus, each of them a pro within their particular field in the field of trading. Some of the most famous gurus included Connor Bruggermann, Nathan Michaud of Investors Underground, and Triforce, among a few others. As of this writing, only two gurus remain on this platform: Founder and penny stock trader Tim Sykes and veteran smallcap swing trader Paul Scolardi, also known as Superman. With that taken into consideration, let’s take a 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-priced day trading with Tim’s Alerts. At $74.95 monthly, you’ll be able to see him focus on the fundamental catalysts for stocks and utilize them to forecast the next move that is possible when making trades.
A purchase on its own in Tim’s Alerts will get you access to the chatroom as well as the mobile app that’s available on iOS as well as Android devices, as well as text, e-mail and push alerts; as well as a daily watchlist of stocks.
From Tim Sykes: The Pennystocking Silver Package
Pennystocking Silver is the most premium version, with an upgraded version of Tim’s Alerts package. It costs $149.95 monthly, it is an ideal plan for those who are committed to penny stock trading. Pennystocking Silver includes all the basic features that were included in the previous plan, such as alerts for swing trading and access to a library of over 7,000 educational 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 swing trading professional with an eye for massive stocks of the small-cap size and insanely accurate marketing forecasts. In the time since he began as a trader, Superman has amassed over $5.5 million in all-time trading earnings. Biggest Penny Stock Gainers Ever
The Superman Alerts plan is his package of vital features and trading alerts targeted toward those who may be interested. For $147 per month, you’ll gain access daily premarket stock watchlist and the mobile app, the daily market commentary in real time, and E-mail and SMS alerts.
The film “Superman” Paul Scolardi: Superman Pro
At $247/month, you get additional features, as well as access to an extensive base of knowledge that is provided by Superman himself, via his Superman Pro package. Alongside the standard features featured in the Alerts package, Superman Pro gives you daily video lessons, which include a growing library of all previous lessons. Additionally you’ll also gain an access to high-quality research papers and an IPO and earnings tracker.
Profit.ly Plans and Costs
If you’re eager to join the online trading community and make a mark on the market, Profit.ly has the right amount of tools to get you going. The platform has three membership tiers, each designed for traders at different levels. Let’s take a look at what these three levels are and what they will 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’ll be given a slew of robust and vital trading tools, each of which is essential to keep your fingers on what could call a ruthless process by itself.
The list of features you can do using Profit.ly’s Novice package is the ability to confirm the results of your trades and track profit as well as leading, following, and even messaging your fellow traders; and providing feedback on trades today. It also allows you to be on leaderboards; analyze your trades, sort and filter your trades; and lastly, look at other people’s statistics.
The Novice plan is $29.95 per month. While it may look attractive just by the price but there’s a disadvantage. You aren’t able to create a personal profile, which makes your actions public. If you’re interested in have an account with this option, be watching for us to introduce to you Profit.ly’s new plan.
Trader Plan
The Trader plan allows users to benefit from a majority of features from the novice plan. In this plan, that you can set up an account that is private to share with other associate users all your knowledge and intel in the trading community.
Costing $49.95/month, Profit.ly’s Trader plan does what the name suggests catering people who want to develop their skills in trading. While it’s nice but there’s one important element that’s missing. As opposed to the prior Novice package, you will not be able view other traders’ statistics that could be a disadvantage for those who are anticipating this level. Biggest Penny Stock Gainers Ever
Pro Plan
This is by far the highest premium package that Profit.ly can offer to experienced traders. It costs $74.95 monthly, which includes a 22% discount for billing annually the Pro plan has everything. You will have full, unrestricted access to all the features from the two previous plans combined.
Not only do you get to see other users’ stats and data, but you also have the opportunity to create a private profile. Both of these features, 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 all the features you need to be trader with experience, the Pro level is the right choice for you!
Profit.ly’s Other Services
In addition to the trainer tools and leadersboards Profit.ly provides a variety of more services it has to provide. One of those is its online store, which lets users pick from a range of videos created to help you understand the ins and outs of trading. The products listed on this page of the website can be bought immediately for your personal use. Among these products include best-sellers like”Trading Tickers,” the “Trading Tickers” series by trader professional Tim Grittani, Timothy Sykes’s collection of DVDs and streaming-only content on short stocking, penny stocking, and other things trading-related, clips and clips of The Annual Pennystocking Conference, and items from other experts in trading.
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The integrated chat rooms are as well part of Profit.ly’s variety of features and services. You may be familiar with chat rooms since you can find it throughout social and messaging platforms, in addition to a few special websites that provide live chat assistance. But in Profit.ly, it is seen as a hands-on place where gurus and their member traders can communicate and learn in real time. Every guru has their own way in operating their chat room and dealing with the listed members. One might be laid back and rarely active, while another may be more interactive and online with their students. Think of chat rooms like Profit.ly’s version of the forum, in essence.
Who is the ideal Trader for Profit.ly?
Profit.ly’s variety of offerings and features are geared towards a large variety of stock trader types, from novices to the most experienced. Given the wide range of options it can provide this platform definitely has something for all.
Newbies, for instance, will enjoy Profit.ly’s collection of educational content offered throughout the platform. In addition, they will be provided with videos every week and chat room advice by its internal gurus and their members. Additionally, they can pick from the merchandise available on its store online for them to take wherever they be. You can also get hands-on experiences by trading through the platform, however they’ll be able to realize that trading is a risky game that shouldn’t be taken 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 those who are just starting. While novice traders may not be as adept at dealing with trading issues however, experienced traders know how it works and the risky mix associated with it. In the ideal scenario, they can make use of Profit.ly’s array of features to their best advantage to develop their trading abilities. Like beginners, they can learn from the experts as well as experts, and take advantage of short tips and tricks along the way.
Profit.ly’s “all-inclusive” nature isn’t limited to novices as well as semi-seasoned traders. Experts who have been verified can also participate in the enjoyment! Those in the trading industry who are at an equal level with Superman and Tim Sykes can also use the power of Profit.ly’s abilities to show off their expertise to other traders as a way to navigate them through the ever-changing trading process. Biggest Penny Stock Gainers Ever
Profit.ly’s Pros and Cons
The Pros
- Profit.ly’s diverse 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 video libraries that teach you how to learn and live trading activity.
- You can be sure of complete transparency through Profit.ly by using accurate data and fellow traders that are waiting to reach you when something goes wrong.
- The leaderboard feature of the platform offers you a way to build your reputation as a reliable and verifiable trader
- In addition to its primary features, Profit.ly also gives its users extra options to suit their needs, like posting trades that are not authentic by taking screenshots
- Profit.ly’s wide array of subscription levels and guru packages are priced at affordable rates – there truly is something for everyone
The Cons
- Profit.ly’s abundance of products and packages offered might seem overwhelming for a lot of its customers
- Since traders can choose to make any type of trade, there’s the possibility that some of them may take advantage by cherry-picking the best trades to improve their ratings this could be a problem that shouldn’t be simply overlooked
- Profit.ly does not offer refunds, as its premium users will immediately benefit from the many services the platform has to provide
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The Final Concluding Question: Is Profit.ly worth it?
If we could come up with an appropriate answer for this query, it’s an affirmative “yes”. But it is important to realize that this platform shouldn’t be viewed as a scheme to get rich quick. The platform was not always meant to be designed for this reason. Instead, you should have the ability to think with an open heart. Biggest Penny Stock Gainers Ever
What we mean by ‘yes’ is that it can be a great learning tool. People who are stuck might find Profit.ly’s range of resources helpful in their efforts to avoid loss and perform better than they did before. It’s not just the struggling traders who will profit from the platform. It is able to accommodate novices and even experts!
If you really care about being better at trading and wish to be taught by your peers and experts throughout the process, then take a look at Profit.ly. Profit.ly could be a good choice to start.
FAQ Biggest Penny Stock Gainers Ever
What are the best ways to use Profit.ly to make your trades public?
Profit.ly includes a trade entry portion within the My Trade category on the dashboard. It lets you record your trades that are verified or not. There are three choices:
- Connecting your account to your brokerage of choice and then importing transactions directly through there
- Manually entering your trades into the spaces provided and details
- Upload a screenshot of your transactions
How can I tell if the trade is verifiable or not?
If you buy your trade through a reliable brokerage, there is the likelihood that it can be verified. This is indicated with the small blue check. If you post the information manually or via screenshots, it will automatically be assigned as unverified.
The drawback of posting an unauthentic trade is the risk of getting downvotes from your fellow peers. A large number of downvotes could result in you appearing in the Madoff leaderboard, which is where the public can detect who’s being dishonest in posting trades.
Does the Profit.ly mobile application still available?
As of this writing, Profit.ly is still available for download on the App Store for Apple and in the Google Play store. The mobile app version is compatible with the majority of functioning tablets and smartphones.
How many people are currently connected to Profit.ly?
Profit.ly currently houses more than 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 stock market opportunities all over the world.
