Stock trading is an extremely risky game. On some days, you may have the benefit of pleasing and positive numbers. On other days it could be the reverse and it can be very difficult to return to the point you were at your peak. If you are immersed in the water You will need to recognize that relying on instinct and survival may not always be enough.
If you’ve suffered loss from time to time and you’re likely to require reliable advice from tested and tried trading experts. Also, you’ll need an enormous boost from your colleagues in the market from all over the world, which is why we’ve identified an option that can help you in your improvement in the market. In this review, we’ll take the time to 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.
Total Rating: 4.1/5 Buy Penny Stock Now
User Experience: 4.5/5
Profit.ly is an online trading platform that enables traders of various levels to be informative and accountable, as well as transparent and uplifting with each other through its broad variety of tools and features including chat rooms, trade verification as well as an extensive library of educational content.
What exactly is Profit.ly?
Profit.ly is a trading website which serves 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. It provides users with a vast range of resources for communication and trade, it helps traders from every field of business connect with each other. It offers gurus with an opportunity to invest in the right areas of this platform. Think of it as the social media equivalent like Facebook and Reddit however it is geared towards traders and experts.
Profit.ly independently validates trade performance and then publishes the information from them in the form of leaderboards. The trading platform is built on honesty and transparency: it makes sure that trades are valid and won’t tolerate inauthenticity as much as possible. It was established years ago by the penny expert in stock trading and investment expert Timothy Sykes, along with his colleague Michael Mosseri.
One time during his interview with Forbes magazine Sykes stated that Profit.ly was based “on showing all trades, something that was never done before.” This idea, he added, served two purposes: 1) making public records for not just the gurus and newsletter authors and students as well as) making it possible for everyone on the platform to learn from both losses and wins for the trading industry’s benefit. Buy Penny Stock Now
How Does It How Does It
Profit.ly utilizes a subscription model which allows stock traders to have access to a range of features and services aimed at achieving achievement. You may set up an account on the site for free, but you’re limited to access to the leaderboard and observe the actions of non-gurus. If you’re interested in investing your money to see which stocks the gurus are trading in real-time You’ll need to join one of Profit.ly’s deals, which we will discuss in the near future.
Setting up an account is easy: create an account that includes your personal information and knowledge, then connect to your brokerage account and you have yourself the chance to climb through at the very top of the list. Profit.ly’s Leaderboard function, which was mentioned previously, is designed to give its users a glimpse of the performance of the trading community and its gurus. You’re not just allowed to demonstrate value to a community of traders, as you can also use Profit.ly to buy with a professional with the confidence that you are confident with their expertise and the legitimacy of their assertions.
If you are unsure about the concept of leaking your brokerage account, you can opt to post your trades, either verified or not, via photographs. Included 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 more 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 the Founder: Tim Sykes
Timothy Sykes is a well-renowned day trader who is famously known for delving his hands into the penny-stock market. According to Investopedia the term “penny stock” refers to a small-sized company’s stock that trades for less than $5 per share. The trading of penny stocks can be seen as a stepping stone for small-scale businesses to make the transition into a larger market because it gives them access to money from the public. However, don’t get it wrong – it’s also an extremely risky game, as Sykes can surely tell thanks to his years of expertise.
Since his initial beginnings at the end of his time in high school, Tim Sykes has, since then, made more than $6 million in earnings during his long and successful career as a trader. When he was 25 years old Sykes was given more exposure and a wider influence over time when he became part of the reality TV show “Wall Street Warriors.” Then, he took advantage of it to create trading rooms and penny stock themes as well as educational content targeted at those who are new to trading. He also helped to establish Profit.ly as a place of openness, and to allow the community to rise and compete with each other on the platform.
The Profit.ly Gurus
One of Profit.ly’s sweet inclusions is the variety of educational tools, trade alerts and other helpful stuff provided by the in-house experts of the platform. Gurus are referred to the trading experts who have made substantial profits from their collective years of expertise. Buy Penny Stock Now
At its peak, Profit.ly had housed up to five gurus, each of them a professional in their niche within the world of trading. Some of the most famous experts 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, let’s take a look at what packaged deals each guru has to offer.
From Tim Sykes Tim Sykes: Tim’s Alerts
Sykes offers an essential stock trading service with the main priority being penny-stock day trading via Tim’s Alerts. The cost is $74.95 for a month you’ll be able to see him concentrate on the basic stock catalysts and employ them to predict the next move that is possible when trading.
A standalone purchase from Tim’s Alerts will get you access to the chatroom, as well as the mobile app that’s 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 most premium version, with an upgraded version of Tim’s Alerts program. It costs $149.95 for a month it is the perfect plan for those who are committed to the penny-stock market. Pennystocking Silver includes all the basic features of earlier plans such as swing trading alerts and unlimited access to a rich library of over 7,000 educational videos, with new ones released weekly.
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In “Superman” Paul Scolardi: Superman Alerts
Scolardi who goes under the alias “Superman,” is a trader who has an eye for both tiny-cap massive stocks as well as wildly accurate marketing forecasts. Through the years since he began as a trader, Superman has amassed over $5.5 million in trading profits. Buy Penny Stock Now
The Superman Alerts plan is his offering of essential features and trading alerts geared towards those who might be interested. For just $147 per month, you’ll have an access to the day-to-day premarket stock watchlist and the mobile application, daily market commentary in real-time, as well as SMS and e-mail alerts.
From “Superman” Paul Scolardi: Superman Pro
For $247 per month, you can enjoy additional features and access to the extensive knowledge base that is provided by Superman himself via Superman Pro. Superman Pro package. Alongside the standard features included in the Alerts plan, Superman Pro gives you daily video lessons, which include an ever-growing library of the previous ones. On top of that, you’ll also get access to premium research reports as well as the IPO as well as earnings tracking tool.
Profit.ly Programs and Costs
If you’re looking to join the world of online trading and leave your mark on the market, Profit.ly has the right amount of resources to get you up and running. Profit.ly offers three membership levels that are designed to accommodate traders at different levels. Let’s look at what the three tiers are and how much they will cost you.
This package for novices is Profit.ly’s basic plan that is designed specifically for people who are brand new to the trading community. Once you have signed up for this plan, you will be immediately given a slew of robust and indispensable trading tools, each of them integral in keeping your fingers on what call a competitive procedure in its own.
Some of the features you can do with Profit.ly’s Novice program is the ability to confirm trades and track profits and follow-up, leading, and even messaging your fellow traders; and leaving feedback on today’s trades. You’re also allowed to get on leaderboards; analyze the results of your analysis, sort, as well as filter trades and, finally, see other people’s statistics.
The Novice plan is $29.95 per month. Although it might look appealing just by the price however, there’s a drawback. It isn’t possible to create a private account, making your activities publicly available. If you’re interested in get an account with this option, you should be watching for us to introduce to you Profit.ly’s next strategy.
The Trader package lets you to take advantage of many of the features of the Novice plan. It is in this plan that you are able to create an account that is private to share with fellow associate users all the insights and information you have gained from trader’s community.
Priced at $49.95/month, Profit.ly’s Trader plan is exactly what it says catering people who want to improve their skills in trading. While it’s nice however, there’s a crucial feature that is missing. As opposed to the prior Novice package, you won’t be able to view other traders’ statistics this might be a drawback for some who may be anticipating this level. Buy Penny Stock Now
The Professional plan can be described as the most premium package that Profit.ly could offer for seasoned traders. With $74.95 per month, and a 22% discount for annual billing the Pro plan has it all. You will have full, unrestricted access to all the features of the previous plans.
In addition, you’ll be able to view other people’s stats and data, but you also have the chance to create your own private profile. Both of these features, in addition to the advantages you’ll be able to use to the maximum extent. If you’re looking for an account that will give you everything you need as an experienced trader, the Pro level is the right choice for you!
Profit.ly’s Other Services
Apart from the provided trainer tools and leadersboards Profit.ly offers a number of more services it has to offer. One of them is the online store, where customers can choose from a wide array of instructional videos that are created to provide guidance on the nuances and pitfalls of trading. All of the products featured in this section of the website can be bought immediately for your personal use. Some of these include bestsellers like the “Trading Tickers” series from trading expert Tim Grittani, Timothy Sykes’s collection of DVDs and streaming-only content about penny stocking, short stocking, and all other things trading-related, clips and footage of events like the Annual Pennystocking Conference, and other products by expert traders.
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Chat rooms integrated into Profit.ly are also part of Profit.ly’s array of features and services. You may be familiar with the chat room as you will see it on social and messaging platforms, in addition to a few special websites that provide live chat support. However, in Profit.ly it’s seen as a place where gurus and their members trade and learn 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 might be more laid back and less active, while another might be more active and in touch with their students. Consider chat rooms like Profit.ly’s version of the forum, in its essence.
Who is the ideal trader to Profit.ly?
Profit.ly’s variety of offerings and features caters to an array of stock traders, ranging from novices to the most experienced. Given the wide range of options it has to offer it is certain to have something for all.
Beginners, for instance, will enjoy Profit.ly’s library of learning information available on the platform. In addition, they will be provided with videos every week and chat room advice by its internal gurus and members. Additionally, they can select from the products on its store online that they can take with them wherever they go. Additionally, they can gain practical experience trading on the platform, however they’ll be able to realize that the process is a high-stakes game that should not be viewed as a joke.
For the traders with years of exposure down the road, we consider Profit.ly as equally as suitable to the newcomers. While the newbies may not be as adept at managing trading but the experts already know how it works and the stack full of risks that come with it. Ideally, they may make use of Profit.ly’s array of features to their full advantage to develop their skills in trading. Like novices, they can learn from the top experts and experts , and use those short tips and tricks along the way.
Profit.ly’s “all-in” approach does not only apply to beginners and semi-experienced traders. Certified experts can also take part in the excitement! Trade professionals who are on the same level as Superman and Tim Sykes can also use up Profit.ly’s abilities to show off their skills to others as a way to help guide them through the ever-illustrious trading process. Buy Penny Stock Now
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 tons of learning tools, communication, and trading tools
- You get to receive excellent training and tips from the inside experts, as well as video libraries that teach you how to learn and live trading activity.
- You can be sure of complete transparency through Profit.ly with precise analytics as well as other traders ready to call you out if something occurs.
- The leaderboard feature on the platform gives you a way to build your credibility as a trustworthy and authentic trader
- Apart from its main features, Profit.ly also gives its users extra options to suit their preferences, such as posting unverifiable trades through photographs
- Profit.ly’s wide array of subscription levels and guru packages are priced at affordable rates There’s something for every person
- Profit.ly’s abundance of products and packages offered might not be enough for a lot of its customers
- If traders decide to make any type of trade, there’s the possibility that some of them will profit by selecting the best trades in order to boost their rating – this may be a problem that shouldn’t be simply overlooked
- Profit.ly does not offer refunds, as the premium customers are expected to immediately benefit from the number of services the platform has to provide
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The Final Verdict is: Is Profit.ly Valued?
If we were able to come up with the answer, it’s yes. However, you must realize that the platform should not be used as a scheme to get rich quick. The platform was not always designed to be used for this reason. Instead, you should have curiosity. Buy Penny Stock Now
What we are referring to”yes” is it could be a useful learning tool. Those who may be stuck could be able to find Profit.ly’s array of resources to be helpful as they do their best to avoid losses and be more successful than they did before. It’s not just the poor traders that can benefit from the platform. It is able to accommodate novices and even experts!
If you truly desire to be more successful in trading and would like to be taught by your fellows and gurus throughout the process, then take a look at Profit.ly. Profit.ly is a fantastic alternative to start.
FAQ Buy Penny Stock Now
How can you make use of Profit.ly to make your trades public?
Profit.ly offers a trade entry portion in the My Trade section of the dashboard. It lets you record your trades that are verified or otherwise. There are three choices:
- Connecting your account to your brokerage of choice and then importing the trades from that directly
- Manually inputting your trades with specified spaces and information.
- Take a photo of your transactions
How can I tell whether the trade is authentic or not?
If you purchase your trade from a trusted brokerage, there’s a high likelihood that it can be verified. This is indicated with the small blue check. If you submit it manually or through images, it will be assigned as unverified.
The downside of having an unverified trade is the risk of receiving negative feedback from colleagues. Too many downvotes may cause you to show up at the top of the Madoff leaderboard, where users can see who’s dishonest in posting trades.
Is the Profit.ly mobile app still available?
As of the moment, Profit.ly is still available for download on the App Store for Apple and on the Google Play store. The mobile version of the app works with all functioning tablets and smartphones.
How many are using Profit.ly?
Profit.ly currently houses more than 150,000 investors and traders as they not only are trying to maximize profits but also help each other grow and learn more about acquiring opportunities on the stock market both right and left.