Stock trading can be an exciting game with high stakes. Some days, you might be reaping the benefits of pleasing and positive numbers. However, on other days you may experience the opposite and it can be very difficult to get back to where you were your most productive. If you’re always in the mud it is important to realize that relying on pure instinct and preservation might not be enough.
If you’ve been incurring occasional losses and you’re likely to require solid advice from seasoned and tested trading experts. You’re also gonna need an enormous boost from your fellow traders from around the world, which is why we’ve discovered a platform that can support you in your growth in the industry. We’ll take an in-depth look at Profit.ly, a well-recognized 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. To get a comprehensive overview of Profit.ly, you may still want to check out our article below.
Total Rating: 4.1/5 Buy Penny Stock Online
The User’s Experience 4.5/5
Profit.ly offers an internet-based trading service that allows traders of different levels to be knowledgeable responsible, transparent, and to build relationships with each other through its broad array of tools and features such as trade verification, chat rooms and a rich library of educational material.
What is Profit.ly?
Profit.ly is a site for trading that serves both as a learning and training platform for those who are starting out and as a hub for traders who are experienced to monitor their performance with the help of sophisticated analytics tools. It provides users with a vast array of options for trade and communication that help traders from every field of business connect with one another. It also allows gurus to make worthwhile investments within the confines of the platform. Think of it as a social media site akin the likes of Facebook and Reddit but with a focus on professionals and traders.
Profit.ly independently verifies trade performances and publishes all data from them in the style of leaderboards. The platform for trading is built on honesty and transparency: it ensures that the trades are authentic and won’t accept fake news as long as is humanly possible. It was founded many years ago by penny stock trade expert and investment guru Timothy Sykes, along with the other expert Michael Mosseri.
One time , during an appearance in Forbes magazine Sykes said that Profit.ly was motivated by its focus “on showing every trade, something that has never been done before.” The idea Sykes said served two objectives: one) making public records for everyone, not just the experts as well as newsletter writers and students and secondly) giving everyone on the platform to be enlightened by the losses and wins to benefit the industry of trading. Buy Penny Stock Online
How Does It Work?
Profit.ly follows a subscription-based model which allows stock traders to have access to a range of tools and services that are geared at achieving success. You may set up an account on the site for free, but you’re only limited to having access to the leaderboards and monitor the actions of non-gurus. If you’re ready to invest your money to see which stocks the gurus are trading in real-time You’ll need to join one of Profit.ly’s offers, which we will discuss in the near future.
Setting up an account is simple: Create an account that includes your personal information and expertise, connect your brokerage account, and you’ll be given an opportunity to make your way to high on the leaderboard. Profit.ly’s leaderboard feature, as previously mentioned was designed to offer its users an insight into the performance of the trading community as well as its gurus. It’s not just a way to demonstrate that you’re worthy to the community of traders. You can also use Profit.ly to buy from a guru with the assurance that you’re comfortable of their knowledge and the veracity of their assertions.
If you are unsure about the concept of leaking the details of your broker account you may choose to publish your trades, verified or not, by taking pictures. Also included in Profit.ly are the vast number of trading courses, the ability to view statistics on a person’s profile as well as other ways to connect with your gurus through the chatroom in addition to notifications via email or text 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 penny stock trading. According to Investopedia Penny stock refers to a small company’s shares that trade for less than $5 per share. The penny stock market can be seen as an avenue for small-scale businesses to make the transition into a larger market because it gives them access to money from the general public. However, don’t get it wrong – it’s also an extremely risky activity, as Sykes is sure to reveal because of his decades of experience.
From his beginnings at the end of his time in High School, Tim Sykes has, since then, made more than $6 million in profits during his long and successful career as a trader. At 25 years old Tim Sykes had received greater exposure and an even wider impact when he was a part of the reality TV show “Wall Street Warriors.” He then took advantage of it to create trading rooms and penny stock themes as well as educational content targeted at people who are brand new to the trading field. He also helped to establish Profit.ly as a platform for openness, and for the community to uplift and compete against each other through the platform.
The Profit.ly Gurus
One of Profit.ly’s amazing features is the wide range of learning sources, trade alerts and other useful stuff offered by the platform’s in-house gurus. The gurus in question refer to the trading experts who have earned substantial profits through their years of experience. Buy Penny Stock Online
At its peak, Profit.ly had housed up to five gurus, all of them an expert in their field of expertise within the world of trading. Some of the prominent experts included Connor Bruggermann, Nathan Michaud of Investors Underground, and Triforce as well as a handful of others. At the time of writing 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. In light of that, let’s take a look at what packaged deals each guru has to offer.
From Tim Sykes Tim Sykes: Tim’s Alerts
Sykes provides basic stock trading services that focuses on penny stock day trading through Tim’s Alerts. Costing $74.95 per month, you will observe him focus on basic stock catalysts and employ them to forecast the next possible moves in making trades.
A single purchase of Tim’s Alerts will get you access to the chatroom, as well as the mobile application that is available to iOS and Android devices, text, e-mail, and push alerts; and a daily stock watchlist.
from Tim Sykes: The Pennystocking Silver Package
Pennystocking Silver is the highest-quality version that has been upgraded of the Tim’s Alerts program. Priced at $149.95 for a month it is an ideal plan for investors who are invested in the penny-stock market. Pennystocking Silver includes all the basic features of prior plans, 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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In “Superman” Paul Scolardi: Superman Alerts
Scolardi who is known under the name “Superman,” is a swing trading professional with 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 total trading earnings. Buy Penny Stock Online
The Superman Alerts plan is his offering of essential features and trading alerts targeted towards those who might be interested. For $147 per month, you’ll gain an access to the day-to-day stock watchlist that is premarket along with the mobile app, the daily market updates in real-time, and email and SMS alerts.
From “Superman” Paul Scolardi: Superman Pro
For the price of $247, you receive additional features and access to the extensive knowledge base of information provided by Superman himself through his Superman Pro package. In addition to the basic features featured in the Alerts plan, Superman Pro gives you weekly video lessonsthat include an ever-growing library of other previous ones. Additionally you’ll also have access to premium research reports as well as an IPO or earnings monitor.
Profit.ly plans and costs
If you’re eager to join the trading community on the internet and leave your mark on the industry, Profit.ly has the right amount of resources to get you started. The platform has three membership levels that are designed to accommodate traders of different levels. Let’s break down what these three tiers are and how much they’ll cost you.
This package for novices is Profit.ly’s beginning-of-the-line plan specifically for people who are brand new to the trading community. As you sign up for this package you’ll be provided with a variety of powerful and indispensable trading tools, all of which is essential to keep your hands on what we could call a ruthless procedure in its own.
The list of features you can do with Profit.ly’s Novice package is the ability to verify the results of your trades and track profit; leading, following and even texting other traders; and leaving feedback on today’s trades. It also allows you to be on leaderboards; analyze, sort, or filter the trades you make; and, finally, see the statistics of other traders.
The Novice plan will cost $29.95 per monthly payment. Although it looks attractive simply because of the price but there’s a disadvantage. You aren’t able to create a personal profile, which makes your personal information public. If you’re interested in get access to this feature, keep an eye on us as we present to you Profit.ly’s new plan.
The Trader Plan
The Trader package lets users to benefit from a majority of features from The Novice package. It is in this plan that you can create an account that is private to share with fellow associate users all your knowledge and knowledge you gain from the trading community.
Costing $49.95/month, Profit.ly’s Trader plan does what the name suggests catering for those looking to improve their skills in trading. As nice as it seems but there’s one important aspect that’s not included. Unlike the previous Novice package, you won’t be able to see the statistics of other traders that could be a problem for some who may be eager to try this new tier. Buy Penny Stock Online
The Professional plan can be described as the highest luxurious package Profit.ly can offer to experienced traders. At $74.95 each month and a 22% discount for annual billing the Pro plan has it all. You get full, no-holds-barred access to all options of the previous plans combined.
In addition, you’ll be able to view other people’s stats and data, but you also have the opportunity to create your own private profile. Both of these options, in addition to the benefits that you can use to their fullest capacity. If you’re looking for a plan that can serve you with everything you require as an experienced trader, the Pro plan is the right choice for you!
Profit.ly’s Other Services
Apart from the tools for training and leaderboards, Profit.ly offers a number of additional services that it can provide. One of these is its online store, which lets users choose from a wide array of instructional videos that are designed to inform and guide you through the nuances and pitfalls 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”Trading Tickers, “Trading Tickers” series from trading expert Tim Grittani, Timothy Sykes’s collection of DVDs, streaming-only content on short stocking, penny stocking, and other things trading-related, clips and footage from The Annual Pennystocking Conference, and products from other expert traders.
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The chat rooms that are integrated are included in Profit.ly’s array of features and services. You’re probably familiar with the concept of chat rooms since you can see it across social and messaging platforms and also on a few specialty websites that provide live chat support. But in Profit.ly it’s seen as a space where experts and their members trade and learn in real time. Each guru has their style when it comes to running their chat room and in dealing with the members there. Some may be more laid back and not very often active, while another may be more online and communicative with their students. Consider chat rooms like Profit.ly’s version of a forum, in its essence.
Who is the ideal Trader for Profit.ly?
Profit.ly’s wide range of products and features are geared towards an array of stock traders, ranging from novices to the most experienced. With the variety of deals it has to offer it is certain to have something for every person.
Newbies, for instance, will appreciate Profit.ly’s library of learning materials available across the platform. In addition, they will be enriched with weekly videos and chat room tips by its internal gurus and members. They’ll also be able pick from the merchandise available from its online store for them to take wherever they may go. You can also get hands-on experiences from trading within the platform, however they’ll realize that this is a high stakes game that shouldn’t be treated as a joke.
For those traders who have had many years of experience down the line, we believe Profit.ly equally suitable for them as it is for those who are just starting. Although the novices might not be as adept at dealing with trading issues however, experienced traders know how it works and the plethora of risks that it carries. In the ideal scenario, they can utilize Profit.ly’s variety of features to their full advantage to enhance their trading skills. As beginners, they are able to learn from the top experts 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 enjoyment! Those in the trading industry who are at similar levels to Superman as well as Tim Sykes can also use up Profit.ly’s capabilities to display their skills to others in order to navigate them through the ever-changing trading process. Buy Penny Stock Online
Profit.ly’s Pros and Pros and
- Profit.ly’s many capabilities as a “one-stop” stock trading platform allows it to provide traders everywhere with an abundance of knowledge communications, trading, and communication tools
- You’ll receive excellent training and advice from the company’s inside experts, as well as collections of educational videos as well as trading in real-time.
- You can be sure of complete transparency through Profit.ly with accurate analytics as well as fellow traders ready to call you out if something occurs.
- The platform’s leaderboard feature gives you the chance to establish your credibility as a trustworthy and authentic trader
- Apart from its core abilities, Profit.ly also gives its customers additional options to meet their needs, like posting unauthentic trades via images
- Profit.ly’s diverse range of packages and subscription levels are priced at affordable rates There is truly something for all
- Profit.ly’s bountiful stream of packages and products offered may seem overwhelming for most of its users
- If traders decide to open any kind of trade, there’s a possibility that some of them may take advantage by cherry-picking the best trades to increase the rating This could be a problem that shouldn’t be simply overlooked
- Profit.ly will not allow refunds, as its premium users are expected to instantly benefit from the number of services the platform has to provide
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The Final Verdict The Final Verdict: Is Profit.ly Valued?
If we could come up with an answer to this question, it’s a ‘yes’. However, you must realize that this platform shouldn’t be viewed as a quick-fix scheme to make money. The platform was not always intended to be created for this reason. Instead, you need to have the ability to think with an open heart. Buy Penny Stock Online
What we do mean by ‘yes’ is that it could be a useful learning tool. People who are stuck might be able to find Profit.ly’s range of resources to be helpful as they do their best to reduce losses and be more successful than before. It’s not only the struggling traders that will profit from the platform. It is able to accommodate novices and even experts in the field!
So, if you genuinely desire to be more successful in trading and would like to learn from your mentors and peers on the way, you should look no further than Profit.ly. Profit.ly is a fantastic alternative to start.
FAQ Buy Penny Stock Online
How do you use Profit.ly to publish your trades?
Profit.ly offers a trade entry portion within the ‘My Trade category on the dashboard that lets you record your trades that are verified or not. There are three options:
- Linking your account with your brokerage of choice and then importing trades directly from there
- Manually entering your trades using specified spaces and information.
- Take a photo of your transactions
What can I do to determine whether the trade is authentic or not?
If you import your trade from a reputable brokerage, there’s the chance that it is verifiable. This is indicated with the blue check mark. If you upload the information manually or via screenshots, it will automatically be classified as unverified.
The downside of having an unverified trade is the risk of receiving downvotes from friends and colleagues. If you receive too many negative votes, it could cause you to be listed at the top of the Madoff leaderboard, which is where the public can detect who’s being untruthful in submitting trades.
Does the Profit.ly mobile application still available?
As of the moment, Profit.ly is still available to download via the App Store for Apple and the Google Play store. The mobile version of the app is compatible with most working smartphones and tablets.
How many people are currently connected to Profit.ly?
Profit.ly currently houses over 150,000 investors and traders as they not only are trying to maximize profits but also help each other learn and improve in acquiring opportunities on the stock market both right and left.