The stock market can be an extremely risky game. On some days, you could be reaping the benefits of pleasing and positive numbers. On other days, the opposite may happen and it could be extremely difficult to return to where you were at your best. If you find yourself constantly stuck in the gutter You will need to realize that relying on instinct and survival may not always be enough.
If you’ve experienced losses from time to time You’ll need reliable advice from tested and tried trading experts. Also, you’ll need an important boost from trading partners from all over the world, which is why we’ve found an online platform that will help you in your growth in the industry. We’ll take the time to look at Profit.ly, a well-recognized one-stop 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 Cheap Penny Stock
Users Experience 4.5/5
Profit.ly offers an internet-based trading service that permits traders of all levels to be informative responsible, transparent, and encouraging each other through its broad array of tools and features including chat rooms, trade verification as well as an extensive library of educational material.
What is Profit.ly?
Profit.ly is a trading website which serves as a learning and education platform for traders who are starting out and as a hub for traders who are experienced to monitor their performance using the aid of cutting-edge analytics tools. It provides users with a vast range of resources for communication and trade, it helps traders from all walks of life connect with one another. It gives the gurus worthy investments within the boundaries of the platform. Consider it a social media site akin to Facebook and Reddit, but for traders and experts.
Profit.ly independently verifies trade performances and then publishes the information from them in the form of leaderboards. The platform for trading is built on transparency and honesty: it makes sure that transactions are legitimate and will not accept fake news as long as is humanly possible. It was established in the past by penny stock trade expert and investment expert Timothy Sykes, along with the other expert Michael Mosseri.
In an interview for Forbes magazine Sykes said that Profit.ly was driven by its focus “on showing every trade, something that was never prior to.” This idea, he added, served two goals: 1.) creating public track records for everyone, not just the experts as well as students and newsletter writers as well as) allowing everyone on the platform to learn from both losses and wins for the trading industry’s benefit. Cheap Penny Stock
How Does It How Does It
Profit.ly utilizes a subscription model that allows stock traders to gain access to a multitude of tools and services that are geared towards achieving success. It is possible to create an account there at no cost, however you’re only limited to having the capability to browse the leaderboard and observe the actions 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, you will need to join one of Profit.ly’s deals, which we will discuss in the near future.
The process of opening an account is simple: Create an account with your experience and expertise, connect your brokerage account, and you’ll be given an opportunity to make your way up to at the very top of the list. Profit.ly’s leaderboard feature, as we’ve mentioned earlier, is designed to give its users an insight into the performance of the trading community as well as its experts. It’s not only a chance to prove that you’re worthy to the group of traders, but you can also use Profit.ly to purchase with a professional with the assurance that you’re comfortable with their expertise and the veracity of their assertions.
If you are unsure about the idea of sharing the details of your broker account you may opt to post your trades, verified or not, by taking screenshots. Also included in Profit.ly is the huge selection of courses in trading and the capability to see statistics on a person’s profile, and more ways to connect with your gurus via chatrooms as well as text and e-mail alerts and updates.
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Meet Tim Sykes, the founder: Tim Sykes
Timothy Sykes is a well-renowned day trader who has been famously known for his efforts in the penny-stock market. According to Investopedia, a penny stock refers to a small company’s shares that trade for just less than 5 cents per share. Penny stock trading could be viewed as a stepping stone for small-scale businesses to make the transition to a market that is larger as it gives them access to capital from the general public. But don’t make the mistake of thinking that it can also be an extremely risky activity, as Sykes will be able to tell you 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 profits during his long and successful career as a trader. At the age of 25, he had been given greater exposure and a larger influence over time when he became part of the reality TV show “Wall Street Warriors.” He then used the opportunity to develop trading rooms, penny stock themes, and educational content geared toward those who are just beginning to learn about trading. He also helped to establish Profit.ly as a place of transparency, and for the community to uplift and compete with each other through the platform.
The Profit.ly Gurus
One of Profit.ly’s amazing features is the vast array of learning tools, trade alerts and other useful stuff offered by the company’s internal gurus. Gurus are referred to the experts in trading who have made substantial amounts of money from their collective years of experience. Cheap Penny Stock
At its height, Profit.ly had housed up to five gurus, all of them a professional 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 as well as a handful of others. At the time of writing, only two gurus remain on the platform: Founder and penny stock trader Tim Sykes and veteran smallcap swing trader Paul Scolardi, also known as Superman. In light of that Let’s look at what packaged deals each guru offers.
From Tim Sykes Tim Sykes: Tim’s Alerts
Sykes provides basic stock trading services with the main priority being penny stock day trading through Tim’s Alerts. At $74.95 for a month you’ll see him focus on the fundamental catalysts for stocks and utilize them to anticipate the next moves that could occur when trading.
A purchase on its own in Tim’s Alerts will get you access to the chatroom and the mobile application that is available for iOS and Android devices, as well as text, e-mail, and push alerts; and a daily stock watchlist.
from Tim Sykes: The Pennystocking Silver Package
Pennystocking Silver is the highest-quality, upgraded version of the Tim’s Alerts program. It costs $149.95 per month, this is an ideal plan for those who are involved in penny stock trading. Pennystocking Silver comes with all the standard features of earlier plans which includes swing trading alerts as well as unlimited access to an extensive collection of more than 7,000 educational videos and new videos released every week.
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The following video is from “Superman” Paul Scolardi: Superman Alerts
Scolardi who goes under the name “Superman,” is a swing trading professional with an eye for tiny-cap massive stocks as well as wildly accurate marketing forecasts. Through the years since when he first started trading, Superman has amassed over $5.5 million in total trading profits. Cheap Penny Stock
The Superman Alerts plan is an offer of the most essential features and trading alerts targeted to those interested. For just $147 per month, you’ll have access to the daily stock watchlist that is premarket along with the mobile application, daily market commentary in real-time, and SMS and e-mail alerts.
In “Superman” Paul Scolardi: Superman Pro
For $247 per month, you can enjoy additional features and access to a knowledgeable base of information provided by Superman himself, via Superman Pro. Superman Pro package. In addition to the basic features included in the Alerts package, Superman Pro gives you weekly video lessonsthat include an ever-growing library of previous lessons. Additionally, you’ll also get an access to high-quality research papers and an IPO and earnings tracker.
Profit.ly plans and costs
If you’re looking to join the trading community on the internet and make a mark on the field, 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 levels are and what they will cost you.
The package called Novice is Profit.ly’s entry-level plan designed especially for those who are new to the trading community. When you sign up for this package you’ll be provided with a variety of powerful and essential trading tools, all of which is essential to keep your fingers on what call a competitive procedure in its own.
The list of features you can do with Profit.ly’s Novice package is the ability to verify trades and track profits as well as leading, following and even texting other traders; and leaving feedback on today’s trades. You’re also allowed to get onto leaderboards; study, sort, as well as filter trades and, finally, see the statistics of other traders.
The Novice plan will cost $29.95 per month. While it may look attractive just by the price, there is a downside. You can’t create a private profile, thus making your activities publicly available. If you’re looking to gain the benefit of this service, you should be watching for us to introduce to you Profit.ly’s new plan.
The Trader Plan
The Trader plan allows you to take advantage of a majority of features from the novice plan. This plan allows that you can set up a private profile for sharing with fellow associate users all your knowledge and intel in trader’s community.
Costing $49.95/month, Profit.ly’s Trader plan will do what the name implies: Cater to those who desire to improve their trading skills. While it’s nice but there’s one important element that’s missing. Unlike the previous Novice package, this one won’t be able to view other traders’ statistics that might be a drawback for some who may be eager to try this new tier. Cheap Penny Stock
This is by far the most premium package that Profit.ly offers to experienced traders. It costs $74.95 per month, which includes 22% off for billing annually, this tier has everything. It gives you full, unlimited access to all features of the prior plans.
In addition, you’ll be able to look at other people’s statistics, but you’re also given the option of creating your own private profile. Both of these features, in addition to the advantages you’ll be able to use to their fullest capacity. If you’re in search of an account that will give you with everything you require as trader with experience, the Pro level 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 other services they provide. One of these is its online store, which allows users to choose from a wide array of video products that are designed to educate and 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. Some of these include bestsellers like”Trading Tickers, “Trading Tickers” series by trader professional Tim Grittani, Timothy Sykes’s library of DVDs and streaming-only content about penny stocking, short stocking, as well as all related to trading, videos and clips from the Annual Pennystocking Conference, and items from other experts in trading.
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The chat rooms that are integrated are included in Profit.ly’s variety of features and services. 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 offer live chat support. But in Profit.ly, it is seen as a real-time area where experts and members can interact and exchange knowledge in real-time. Every guru has their own way in operating their chat room and dealing with the listed members. Some may be more laid back and rarely active, while another may be more online and communicative in their interactions with students. Consider chat rooms like Profit.ly’s version of the forum, in essence.
Who is the best Trader for Profit.ly?
Profit.ly’s variety of offerings and features caters to an array of stock traders, from novices to experienced professionals. With the variety of deals it has to offer this platform definitely has something for all.
For instance, newbies will enjoy Profit.ly’s library of learning information available on the platform. Not only will they get daily videos and chat room tips from the in-house experts and members. Additionally, they can choose from the items on its store online for them to take wherever they may be. Additionally, they can gain practical experience trading on the platform, but ultimately they’ll realize that trading is a risky game that shouldn’t be taken as an amusing pastime.
For traders who have years of exposure down the road, we consider Profit.ly equally suitable for them as it is for those who are just starting. 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 associated with it. It is ideal to use Profit.ly’s variety of features to their full advantage to enhance their trading abilities. As beginners, they are able to learn from the experts and experts , and use those quick tips and tidbits throughout the process.
Profit.ly’s “all-inclusive” nature isn’t limited to novices and semi-experienced traders. Certified experts can also take part in the fun! People in the trade industry who are at the same level as Superman or Tim Sykes can also use the power of Profit.ly’s capabilities to showcase their skills to others as a way to help guide them through the ever-illustrious trading process. Cheap Penny Stock
Profit.ly’s Pros and Pros and
- Profit.ly’s diverse capabilities as a ‘one-stop’ stock trading platform enable traders across the globe with a wealth of education communications, trading, and communication tools
- You get to receive excellent training and tips from the inside experts, as well as libraries of educational videos and real-time trading activities
- You can be sure of complete transparency through Profit.ly with accurate analytics as well as fellow traders that are waiting to reach you out whenever something happens
- The leaderboard feature on the platform gives you a way to build your credibility as a trustworthy and verifiable trader
- In addition to its primary abilities, Profit.ly also gives its users extra options to suit their preferences, such as posting trades that are not authentic by taking photographs
- Profit.ly’s variety of subscription plans and guru packages are priced at affordable rates There is truly something for everyone
- Profit.ly’s numerous packages and products offered may seem overwhelming for most of its customers
- As traders may opt to make any type of trade, there is the possibility that some of them will profit by selecting the best trades in order to increase the rating This could be a problem that shouldn’t be ignored.
- Profit.ly does not accept refunds, as the premium customers are expected to instantly benefit from the number of services that the platform can provide
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The Final Verdict: Is Profit.ly Worth It?
If we could think of the answer, it’s yes. But you need to understand that the platform should not be used as a quick-fix scheme to make money. It wasn’t meant to be designed for this reason. Instead, you should have the ability to think with an open heart. Cheap Penny Stock
What we do mean”yes” is that it is a fantastic learning tool. For those who are struggling, they might be able to find Profit.ly’s array of resources helpful in their efforts to incur lesser losses and perform better than they did before. Not only 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 peers and experts along the way, then look no further – Profit.ly is a fantastic choice to start.
FAQ Cheap Penny Stock
How do you use Profit.ly to make your trades public?
Profit.ly has a trade entry portion under the My Trade category on the dashboard. It allows you to post your trades, either verified or not. There are three options:
- Connecting your account to your brokerage of choice and importing trades directly from there
- Manually inputting your trades with specified spaces and information.
- Take a photo of your transactions
How do I know if the trade is verifiable or not?
If you import 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 upload it in a manual way or by taking screenshots, it will automatically be classified as unverified.
The disadvantage of an unauthentic trade is the possibility of getting downvotes from your colleagues. Too many downvotes may result in you appearing in the Madoff leaderboard, where people can detect who’s being untruthful in submitting trades.
Does the Profit.ly mobile app still available?
At the time of writing, Profit.ly is still available to download from the Apple App Store as well as on the Google Play store. The mobile version of the app is compatible with most working smartphones and tablets.
How many are connected to Profit.ly?
Profit.ly is currently home to over 150,000 investors and traders because they are not just looking to earn maximum profits but also assist each other to develop and grow in their ability to take advantage of opportunities in the stock market both right and left.