The stock market can be a high-stakes game. On some days, you might enjoy the benefits of positive and satisfactory numbers. On other days, however, the opposite may happen and it can be very difficult to return to the point you were at your most productive. If you’re always in the mud, you will have to realize that relying on instinct and survival might not be enough.
If you’ve experienced 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 an online platform that will help you in your improvement within the field. This review will take the time to look at Profit.ly is a well-known 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. To get a comprehensive overview of Profit.ly, you may still want to check out our article below.
Total Rating: 4.1/5 Doge Penny Stock
Value: 4.1/5
Quality: 4.1/5
Costs: 4.1/5
The User’s Experience 4.5/5
Summary
Profit.ly is an online trading platform that enables traders of all levels to be informative, transparent, accountable, and to build relationships with each other by offering a wide range of features and tools such as trade verification, chat rooms as well as an extensive library of educational content.
How do I define Profit.ly?
Profit.ly is a trading website which serves as a training and learning platform for those new to trading as well as a place for experienced traders to track 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 connect with each other. It also allows gurus to make worthwhile investments within the confines of this platform. Imagine it as the social media equivalent the likes of Facebook and Reddit however it is geared towards professionals and traders.
Profit.ly independently verifies trade performances and publishes all data from them in the style of leaderboards. The platform’s trading model is based on trust and transparency. it guarantees that the trades are valid and won’t accept fake news as long as it is possible. It was created years ago by the penny stock trade expert and investment guru Timothy Sykes, along with the other expert Michael Mosseri.
One time during his interview with Forbes magazine Sykes declared that Profit.ly was driven by its focus “on showing all trades, something that was never done before.” This idea Sykes said served two goals: 1.) making public records for all traders, not just the gurus, but also the newsletter authors and students as well as) allowing anyone on the platform to be enlightened by both the wins and losses to the benefit of the trading industry. Doge Penny Stock
How Does It How Does It
Profit.ly follows a subscription-based model that allows stock traders to benefit from a variety of services and features geared at achieving success. It is possible to create an account for free, but you’re only limited to having access to the leaderboard and observe the actions of non-gurus. If you’re interested in investing 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 offerings that we’ll discuss in the near future.
Making an account simple: Create a profile with your experiences and knowledge, then connect your brokerage account, and you’ll be given an opportunity to make through the top of the leaderboard. Profit.ly’s leaders’ board feature as we’ve mentioned earlier was designed to offer its users a look at the performance of the trading community as well as its gurus. It’s not just a way to prove your worth to a group of traders, as you can also utilize Profit.ly to purchase from a guru with the confidence that you are confident with their expertise and the credibility of their claims.
If you are unsure about the concept of leaking your brokerage account, you can decide to share your trades, whether verified or otherwise, through pictures. Also included in Profit.ly is the huge selection of trading courses and the capability to see stats in a trader’s profile and other methods to interact with your experts through the chatroom along with notifications via email or text 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 well-known for his involvement in penny stock trading. According to Investopedia the term “penny stock” is a small business’s stock that trades for just less than 5 cents per share. Penny stock trading is a stepping stone for small businesses to transition to a large marketplace as it gives them access to capital from the public. However, don’t get it wrong – it can also be an extremely risky activity, as Sykes will be able to tell you through his many years of experience.
From his beginnings in his late years in high school, Tim Sykes has, since then, earned over $6 million of profits during his long and successful career as a trader. At 25 years old Sykes was given more exposure and a wider impact when he was a part of the reality TV show “Wall Street Warriors.” He then made use of the show to develop trading rooms and penny stock themes and educational material aimed at people who are brand new to trading. He also played a role in establishing Profit.ly as a place of transparency, and for the community to uplift and compete against each other on the platform.
The Profit.ly Gurus
One of Profit.ly’s most appealing features is the wide range of education sources, trade alerts and other helpful stuff provided by the company’s internal gurus. These gurus refer to the experts in trading who have proven to make substantial profits through their years of experience. Doge Penny Stock
At its peak, Profit.ly had housed up to five gurus, all of them a professional within their particular field in the trading industry. Some of the most prominent gurus included Connor Bruggermann, Nathan Michaud of Investors Underground, and Triforce as well as a handful of others. As of this 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. In light of that Let’s look at the packages each guru offers.
From Tim Sykes: Tim’s Alerts
Sykes offers an essential stock trading service that focuses on penny-priced day trading with Tim’s Alerts. At $74.95 for a month you’ll see him focus on the fundamental catalysts for stocks and utilize them to forecast the next moves that could occur when trading.
A single purchase of Tim’s Alerts will get you access to the chatroom and the mobile application that is available on iOS and Android devices, as well as texts, emails and push alerts and a daily stock watchlist.
Tim Sykes: From Tim Sykes: The Pennystocking Silver Package
Pennystocking Silver is the premium version, with an upgraded version of Tim’s Alerts package. Priced at $149.95 per month, this is an ideal plan for those who are more invested in investing in penny stocks. Pennystocking Silver includes all the basic features found in earlier plans such as swing trading alerts and unlimited access to a collection of more than 7,000 educational videos that are updated every week.
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The following video is from “Superman” Paul Scolardi: Superman Alerts
Scolardi, who goes by the name “Superman,” is a professional in swing trading with an eye for tiny-cap massive stocks as well as wildly accurate marketing forecasts. Since when he first started trading, Superman has amassed over $5.5 million in all-time trading profits. Doge Penny Stock
The Superman Alerts plan is his offer of the most essential features and trading alerts geared to those interested. For $147 per month, you’ll gain access daily stock watchlist that is premarket as well as the mobile app, 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, plus access to a knowledgeable base that is 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 daily video lessons, which include a growing library of all other previous ones. On top of that you’ll also gain an access to high-quality research papers as well as an IPO and earnings tracker.
Profit.ly Plans and Costs
If you’re ready to join the trading community on the internet and leave a mark in the market, Profit.ly has the right amount of tools to get you started. The platform has three membership levels, each designed for traders with different levels. Let’s look at what the three tiers are and how much they’ll cost you.
Novice Plan
This package for novices is Profit.ly’s beginning-of-the-line plan specifically for those who are new to the trading community. As you sign to this plan you’ll be offered a range of strong and essential trading tools, each one of them essential in keeping your hands on what we call a competitive process by itself.
The list of features you can do with Profit.ly’s Novice package include the capability to check the results of your trades and track profit and follow-up, leading and even texting your fellow traders, as well as leaving feedback on today’s trades. You can also get on leaderboards, analyze, sort, as well as filter trades; and, finally, see other people’s statistics.
The Novice plan will cost $29.95 per monthly payment. While it may look attractive for the price alone however, there’s a drawback. You aren’t able to create a personal profile, thus making your actions public. If you’re looking to have the benefit of this service, you should be watching for us to introduce to you Profit.ly’s new plan.
Trader Plan
The Trader plan allows users to benefit from many of the features of The Novice package. This plan allows that you can set up an individual profile that allows you to share with fellow associate users all your knowledge and intel in this trading group.
Priced at $49.95/month, Profit.ly’s Trader plan is exactly what it says caters for those looking to harness their skills in trading. While it’s nice however, there’s a crucial element that’s missing. As opposed to the prior Novice package, you will not be able view other traders’ statistics this could be a disadvantage for those who are eager to try this new tier. Doge Penny Stock
Pro Plan
This is by far the most premium package that Profit.ly offers to experienced traders. With $74.95 per month, and a 22% discount for annual billing the Pro plan has everything. You will have full, unrestricted access to all the features from the two prior plans.
You’re not only able to look at other people’s statistics as well, you’re also offered the opportunity to create a private profile. Both of these features, on top of all the benefits that you can use to their fullest capacity. If you’re in search of a plan that can serve you with everything you require as an experienced trader, the Pro tier could be ideal for you!
Profit.ly’s Other Services
Apart from the provided training tools and the Leaderboards Profit.ly provides a variety of additional services that it can offer. One of those is its online store, which lets users choose from a wide array of video products designed to inform and provide guidance on the ins and outs of trading. Each of the offerings listed in this section of the website can be bought immediately for your personal use. These include best-selling products such as”Trading Tickers, “Trading Tickers” series by trader professional Tim Grittani, Timothy Sykes’s collection of DVDs, streaming-only content on penny stocking, short stocking, as well as all aspects of trading. There are also clips and scenes of events like 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 variety of features and services. You may be 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 on Profit.ly, it is seen as a real-time area where experts and member traders can communicate and exchange knowledge in real-time. Each guru has their style when it comes to running their chat room and dealing with the listed members there. One of them may be more laid back and not very often active, while another might be more online and communicative with their students. Consider chatrooms as Profit.ly’s version of the forum in its essence.
Who is the best trader to Profit.ly?
Profit.ly’s diverse range of products and features cater to a large variety of stock traders, ranging from beginners to experienced pros. Given the wide range of options it can provide this platform definitely has something for everyone.
For instance, newbies will appreciate Profit.ly’s collection of educational information available on the platform. In addition, they will be provided with videos every week and chat room tips from the in-house experts as well as their members. They’ll also be able to pick from the merchandise available from its online store to carry with them wherever they be. Additionally, they can gain practical experiences by trading through the platform, however they’ll be able to realize that trading is a risky game that shouldn’t be treated as an amusing pastime.
For those traders who have had many years of experience down the road, we consider Profit.ly equally suitable for them as it is for those who are just starting. While novice traders may not be as proficient in dealing with trading issues, the pros already understand how it works along with the risky mix that it carries. In the ideal scenario, they can make use of Profit.ly’s array of features to their best advantage to develop their skills in trading. As beginners, they are able to learn from the top experts and experts and utilize those quick tips and tidbits throughout the process.
Profit.ly’s “all-inclusive” nature doesn’t just apply to newbies or semi-experienced trader. Certified experts can also take part in the fun! Those in the trading industry who are at an equal level with Superman or Tim Sykes can also use Profit.ly’s capabilities. Profit.ly’s capabilities to display their skill to others as a way to guide them through the ever-illustrious trading process. Doge Penny Stock
Profit.ly’s Pros and Pros and
The Pros
- Profit.ly’s diverse capabilities as a “one-stop’ stock trading platform allows traders across the globe with tons of learning communications, trading, and communication tools
- You will be provided with excellent lessons and insights from its inside experts, as well as libraries of educational videos and live trading activity.
- You’re assured of transparency throughout Profit.ly by using accurate data as well as other traders that are waiting to reach you out whenever something happens
- The leaderboard feature of the platform offers you the chance to establish your reputation as a reliable and dependable trader
- In addition to its primary abilities, Profit.ly also gives its customers additional options to meet their needs, like posting trades that are not authentic by taking images
- Profit.ly’s variety of packages and subscription levels are priced at reasonable prices There’s something for everyone
The Cons
- Profit.ly’s abundance of products and packages offered might be too much for the majority of its customers
- If traders decide to post any kind of trade, there is an opportunity that some them may take advantage by picking the most profitable trades to increase the rating this could be a problem that shouldn’t be simply overlooked
- Profit.ly does not offer refunds, as its premium users will immediately take advantage of the numerous features the platform is able to provide
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The Final Concluding Question: Is Profit.ly Valued?
If we could come up with an answer to this question, it would be yes. But it is important to realize that the platform should not be used as a quick-fix scheme to make money. It wasn’t designed to be used in this way. Instead, it is best to keep an open mind. Doge Penny Stock
What we mean”yes” is it can be a great learning tool. Those who may be stuck may be able to find Profit.ly’s variety of resources to be helpful when they try their best to reduce losses and be more successful than before. Not only struggling traders that will benefit from the platform. It will be able to accommodate beginners as well as even experts!
If you really desire to be 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 alternative to start.
FAQ Doge Penny Stock
How do you use Profit.ly to post your trades?
Profit.ly offers the option of allowing trade entries in the My Trade’ category of the dashboard which allows you to post your trades, either verified or not. You may choose between three choices:
- Linking your account to the brokerage of choice and importing the trades from that directly
- Manually entering your trades using specified spaces and information.
- Upload a screenshot of your transactions
How do I know whether the trade can be verified or not?
If you import your trade from a trusted brokerage, there is an excellent chance that it is verifiable. This is indicated with the blue check mark. If you post the information manually or via pictures, it will be assigned as unverified.
The disadvantage of an unverified trade is the possibility of getting downvotes from your friends and colleagues. If you receive too many negative votes, it could cause you to be listed in the Madoff leaderboard, where users are able to identify who is dishonest in posting trades.
Does the Profit.ly mobile app still in use?
As of this writing, Profit.ly is still available for download on the Apple App Store as well as on the Google Play store. The mobile app version is compatible with most functioning tablets and smartphones.
How many people are currently using Profit.ly?
Profit.ly currently houses more than 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 left and right.
