The stock market can be an exciting game with high stakes. Some days, you might enjoy the benefits of positive and satisfactory numbers. On other days it could be the reverse, and it may sometimes be extremely difficult to return to where you were your peak. If you are always in the mud it is important to realize that relying on your instincts and preserving may not always be enough.
If you’ve suffered loss from time to time and you’re likely to require sound advice from tried-and-tested trading experts. You’re also gonna need an enormous boost from your fellow traders from around the globe, which is why we’ve found a platform that can support you in your growth in the market. We’ll be taking an in-depth 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.
Total Rating: 4.1/5 Genomics Penny Stock
User Experience: 4.5/5
Profit.ly can be described as an online platform for trading that permits traders of all levels to be informed, transparent, accountable, and uplifting with each other through its broad variety of tools and features like trade verification, chat rooms as well as an extensive library of educational content.
What exactly is Profit.ly?
Profit.ly is a trading website that serves both as a learning and education platform for traders who are just beginning their journey and as a hub for traders with experience to keep track of their performance through the use of cutting-edge analytics tools. Offering users a broad array of options to facilitate trade and communication, it helps traders from all walks of life connect with each other. It offers gurus with worthwhile investments within the confines of this platform. Think of it as the social media equivalent like Facebook and Reddit however it is geared towards professionals and traders.
Profit.ly independently validates trade performance and posts all the data from them in the style of leaderboards. The platform’s trading model is based on transparency and honesty: it makes sure that transactions are legitimate and will not tolerate inauthenticity as much as is humanly possible. It was established years ago by the penny expert in stock trading and investment guru Timothy Sykes, along with fellow expert Michael Mosseri.
In an appearance in Forbes magazine, Sykes stated that Profit.ly was motivated by its focus “on the transparency of all trades, something that has never been previously done.” This idea Sykes said served two purposes: 1) keeping track of public data for everyone, not just the experts and newsletter writers and students as well as) allowing everyone on the platform to learn from both losses and wins to the benefit of the trading industry. Genomics Penny Stock
How Does It Perform?
Profit.ly follows a subscription-based model that lets stock traders gain access to a multitude of features and services aimed towards achieving success. You may set up an account for free, but you’re limited to the capability to browse the leaderboard and follow the actions of non-gurus. If you’re ready to invest your money in order to find out which stocks the gurus are trading in real-time it is necessary to subscribe to any of Profit.ly’s offerings that we’ll review in the coming days.
The process of opening an account is simple: Create an account with your experience and knowledge, then connect to your brokerage account, and you have yourself an opportunity to make your way to at the very top of the list. Profit.ly’s leaders’ board feature as mentioned previously 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 value to a large group of traders. You are also able to use Profit.ly to buy with a professional with the assurance that you’re comfortable with their expertise and the legitimacy of their assertions.
If you’re not comfortable with the idea of divulging information about your account with a brokerage, you can opt to post your trades, whether verified or not, by taking pictures. Also included in Profit.ly is the huge selection of courses in trading and the capability to see stats in a trader’s profile and other methods to connect with your gurus through the chatroom in addition to email and text alerts as well as updates.
Meet the Founder: Tim Sykes
Timothy Sykes is a well-renowned day trading personality who has been famously known for his efforts in penny stock trading. According to Investopedia the term “penny stock” refers to a small company’s stock which trades at less than $5 per share. Penny stock trading is an avenue for small-scale businesses to make the transition to a market that is larger as they can access funds from the general public. However, don’t get it wrong – it’s also a high-risk game, which Sykes is sure to reveal thanks to his years of experience.
From his beginnings in his late years in High School, Tim Sykes has, since then, earned an estimated $6 million profit through his lengthy career as trading professional. At 25 years old Tim Sykes had received greater exposure and a larger influence over time when he was a part of the reality show “Wall Street Warriors.” He then used the opportunity to develop trading rooms as well as penny stock themes and educational material aimed at people who are brand new to the trading field. He also played a role in establishing Profit.ly as a place for openness, and for the community to uplift and compete on the platform.
The Profit.ly Gurus
One of Profit.ly’s amazing features is the variety of education resources, trade alerts, and other helpful stuff provided by the platform’s in-house gurus. These gurus refer to the experts in trading who have proven to make significant amounts of profit through their years of experience. Genomics Penny Stock
At its peak, Profit.ly had housed up to five gurus. Each of them a pro within their particular field in the trading industry. Some of the most famous experts included Connor Bruggermann, Nathan Michaud of Investors Underground, and Triforce as well as a handful of others. As of this writing, there are only two gurus who remain on this platform: Founder of the penny stock market Tim Sykes and veteran smallcap swing trader Paul Scolardi, also known as Superman. In light of that we’ll take a look at the packaged offers each guru has to offer.
From Tim Sykes: Tim’s Alerts
Sykes provides basic stock trading services which focuses on penny-stock day trading via Tim’s Alerts. At $74.95 per month, you’ll be able to see him concentrate on the fundamental catalysts for stocks and utilize them to anticipate the next moves that could occur when making trades.
A purchase on its own from Tim’s Alerts will get you access to the chatroom, as well as the mobile app available to iOS and 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 highest-quality version that has been upgraded of the Tim’s Alerts program. It costs $149.95 monthly, it is a great option for those who are more committed to penny stock trading. Pennystocking Silver offers all the essential features of the previous plan, such as swing trading alerts and unlimited access to a rich library of more than 7,000 instructional videos, with new ones released each week.
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. Since the time he started trading, Superman has amassed over $5.5 million in total trading profits. Genomics Penny Stock
The Superman Alerts plan is an package of vital features and trading alerts targeted to those interested. For $147 per month, you’ll gain an access to the day-to-day stock watchlist that is premarket and the mobile application, daily market commentary in real-time, as well as SMS and e-mail alerts.
The film “Superman” Paul Scolardi: Superman Pro
At $247/month, you get additional features, plus access to the extensive knowledge base of information provided by Superman himself via Superman Pro. Superman Pro package. On top of the essentials included in the Alerts package, Superman Pro gives you weekly video lessonsthat include an ever-growing library of the previous ones. On top of that you’ll also have an access to high-quality research papers and an IPO or earnings monitor.
Profit.ly plans and costs
If you’re ready to join the online trading community and make a mark on the field, Profit.ly has the right amount of resources to get you going. Profit.ly offers three membership tiers, each designed for traders of different levels. Let’s take a look at what these three levels are and what they’ll cost you.
The package called Novice is Profit.ly’s entry-level plan designed especially for those who are just beginning their journey to the world of trading. Once you have signed to this plan you’ll be given a slew of robust and essential trading tools, all of which is essential to keep your fingers on what we call a competitive process by itself.
Some of the features you can accomplish using Profit.ly’s Novice package include the capability to check the results of your trades and track profit and follow-up, leading and even chatting with your fellow traders; and leaving feedback on today’s trades. It also allows you to be 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 looks attractive just by the price however, there’s a drawback. It isn’t possible to create a private profile, thus making your actions public. If you’re interested in get the benefit of this service, be watching for us to introduce to you Profit.ly’s new plan.
The Trader plan allows you to use many of the features of the Novice plan. This plan allows that you can create an individual profile that allows you to share with other associate users all your knowledge and knowledge you gain from trader’s community.
Priced at $49.95/month, Profit.ly’s Trader plan is exactly what it says: Cater for those looking to develop their expertise in trading. While it’s nice, there is one significant element that’s missing. As opposed to the prior Novice package, you will not be able to see other traders’ stats that could be a problem for those looking forward to this tier. Genomics Penny Stock
This is by far the highest luxurious package Profit.ly can offer to experienced traders. With $74.95 per month, and an additional 22% discount when billed annually the Pro plan has it all. It gives you full, unlimited access to all the options of the prior plans.
Not only do you get to view other people’s stats, 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 the maximum extent. If you’re in search of a plan that can serve you everything you need as a skilled trader, maybe the Pro plan is the right choice for you!
Profit.ly’s Other Services
Apart from the provided training tools and the Leaderboards Profit.ly offers a number of other services they offer. One of those is its online store, where customers can pick from a range of instructional videos that are designed to inform and help you understand the ins and outs of trading. Each of the offerings listed on this page of the website can be bought immediately for your personal use. Among these products include best-sellers such as”Trading Tickers, “Trading Tickers” series from trading specialist Tim Grittani, Timothy Sykes’s collection of DVDs, streaming-only content related to penny stocking, short stocking, and all other things trading-related, clips and footage from The Annual Pennystocking Conference, and items from other experts in trading.
Chat rooms integrated into Profit.ly are included in Profit.ly’s variety of services and features. You’re probably familiar with the concept of the chat room since you will see it on social and messaging platforms, as well as some specialty websites that offer live chat support. But in Profit.ly the chat room is viewed as a hands-on space where experts and their members trade and learn in real time. Each guru has their style in running their chat rooms and dealing with the listed members there. One of them may be a laid-back person who is not very often engaged, while another could be more interactive and online in their interactions with students. Think of chatrooms as Profit.ly’s version of the forum, in its essence.
Who is the ideal Trader for Profit.ly?
Profit.ly’s variety of offerings and features caters to a large variety of stock traders, from novices to the most experienced. With the variety of deals it can provide, the platform surely has something for all.
Newbies, for instance, will enjoy Profit.ly’s knowledge-based content offered throughout the platform. They will also be enriched with weekly videos and chat room tips from its in-house gurus as well as their members. They’ll also be able select from the products in its online store to carry with them wherever they be. You can also get hands-on experience trading on the platform, but ultimately they’ll be able to realize that the process is a risky game that should not be viewed as a joke.
For those traders who have had years of exposure down the line, we see Profit.ly equally suitable to them as the newcomers. While the newbies may not be as adept at handling trading matters however, experienced traders know how it works and the risky mix that come 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. As beginners, they are able to study from the gurus as well as experts, and take advantage of quick tips and tidbits to help them along.
Profit.ly’s “all-inclusive” nature isn’t limited to novices and semi-experienced traders. Experts who have been verified can also participate in the fun! People in the trade industry who are at an equal level with Superman as well as Tim Sykes can also use the power of Profit.ly’s capabilities to showcase their skill to others as a way to assist them in the ever-changing trading process. Genomics Penny Stock
Profit.ly’s Pros and Cons
- Profit.ly’s numerous capabilities as a ‘one-stop’ stock trading platform allows traders from all over the world with tons of learning communications, trading, and communication tools
- You’ll receive excellent training and insights from its inside experts, as well as libraries of educational videos and trading in real-time.
- You can be sure of complete transparency through Profit.ly by using accurate data as well as other traders ready to call you when something goes wrong.
- The leaderboard feature on the platform gives you the opportunity to increase your credibility as a trustworthy and dependable trader
- Apart from its core abilities, Profit.ly also gives its users extra options to suit their needs, like posting unauthentic trades via screenshots
- Profit.ly’s wide array of subscription levels and guru packages are priced at reasonable prices There’s something for every person
- Profit.ly’s bountiful stream of packages and products offered may be too much for a lot of its customers
- If traders decide to post any kind of trade, there’s an opportunity that some them may take advantage by picking the most profitable trades to improve their ratings this could be a problem that shouldn’t be ignored.
- Profit.ly does not offer refunds, as its premium users will immediately benefit from the many features the platform is able to provide
The Final Concluding Question is: Is Profit.ly worth it?
If we could come up with an appropriate answer for this query, it’s yes. But you need to understand that this platform shouldn’t be viewed as a quick-fix scheme to make money. The platform wasn’t originally designed to be used in this way. Instead, you should have an open mind. Genomics Penny Stock
What we do mean”yes” is that it could be a useful learning tool. For those who are struggling, they might discover Profit.ly’s array of resources to be helpful in their efforts to reduce losses and perform better than they did before. It’s not only the struggling traders who will benefit from the platform. It will be able to accommodate beginners as well as even experts in the field!
If you truly care about being better at trading and wish to learn from your peers and experts throughout the process, then you should look no further than Profit.ly. Profit.ly is a fantastic alternative to start.
FAQ Genomics Penny Stock
How can you make use of Profit.ly to make your trades public?
Profit.ly has the option of allowing trade entries in the My Trade category on the dashboard that lets you record your trades that are verified or not. You may choose between three options:
- Connecting your account to your broker of choice and import transactions directly through there
- Manually entering your trades using specified spaces and information.
- Upload a screenshot of your transactions
What can I do to determine whether the trade can be verified 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 submit it manually or through images, it will be classified as unverified.
The downside of having an unverified trade is the risk of receiving negative feedback from fellow peers. If you receive too many negative votes, it could cause you to be listed on the Madoff leaderboard, which is where the public are able to identify who is untruthful in submitting trades.
Is the Profit.ly mobile app still available?
As of this writing, Profit.ly is still available to download from the Apple App Store and on the Google Play store. The mobile app version is compatible with the majority of operating tablets and smartphones.
How many are on 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 help each other grow and learn more about acquiring opportunities in the stock market all over the world.