Stock trading is an exciting game with high stakes. On certain days, you might enjoy the benefits of positive and satisfying numbers. However, on other days, the opposite may happen and it could be very difficult to get back to where you were your best. If you’re always in the mud it is important be aware that relying solely on your instincts and preserving may not always be enough.
If you’ve experienced occasional losses You’ll need solid advice from seasoned and tested trading experts. Also, you’ll need an important boost from trading partners from all over the globe. That’s why we’ve discovered an online platform that will help you in your improvement within the field. In this review, we’ll be taking the time to look at Profit.ly A well-respected 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. Do check out our article below, however, because it has a comprehensive overview of Profit.ly.
Total Rating: 4.1/5 Hottest Penny Stock
User Experience: 4.5/5
Profit.ly offers an internet-based trading service that enables traders of various levels to be informative, transparent, accountable, and to build relationships with one another through its wide array of tools and features including chat rooms, trade verification as well as an extensive library of educational content.
What is Profit.ly?
Profit.ly is a site for trading that functions as a training and learning platform for those who are starting out and also as a platform for traders who are experienced to monitor their performance with the help of cutting-edge analytics tools. Providing users with a wide variety of tools for communication and trade and letting traders from every field of business connect with one another. It gives the gurus worthy investments within the boundaries that the site. Imagine it as the social media equivalent to Facebook and Reddit, but for professionals and traders.
Profit.ly independently checks the performance of trades and posts all the data of them in the manner of leaderboards. The trading platform is built on trust and transparency. it guarantees that the trades are valid and won’t accept fake news as long as possible. It was established in the past by penny stock trade expert and investment expert Timothy Sykes, along with the other expert Michael Mosseri.
One time during his interview for Forbes magazine, Sykes declared that Profit.ly was driven by its focus “on showing the entire spectrum of trades, something which has never been done before.” This idea was, he said, serving two goals: 1.) creating public track records for everyone, not just the experts and students and newsletter writers and secondly) making it possible for everyone on the platform to be enlightened by the losses and wins to the benefit of the trading industry. Hottest Penny Stock
How Does It How Does It
Profit.ly is a subscription-based platform which allows stock traders to benefit from a variety of tools and services that are geared towards achieving the success of their business. It is possible to create an account there for free, but you’re only limited to having access to the leaderboard and observe the actions of non-gurus. If you’re looking to invest your money and see what stocks the experts are trading in real time, you will need to join one of Profit.ly’s offers that we’ll review in the coming days.
Making an account simple: Create an account with your experience and skills, join your brokerage account, and you have yourself an opportunity to make your way up to the top of the leaderboard. Profit.ly’s leaderboard feature, as mentioned previously it is designed to provide its users an insight into how the community of traders performs as well as its experts. It’s not just a way to show your worth to a large group of traders. You can also use Profit.ly to shop from a guru with the assurance that you’re comfortable of their knowledge and the credibility of their assertions.
If you’re not comfortable with the idea of sharing information about your account with a brokerage, you may opt to post your trades, whether verified or not, via screenshots. Also included in Profit.ly are the vast number of trading classes as well as the ability to look at stats in a trader’s profile as well as other ways to interact with your experts through the chatroom as well as email and text alerts as well as updates.
Meet Tim Sykes, the founder: Tim Sykes
Timothy Sykes is a well-renowned day trading personality who has been famously known for delving his hands into trades in penny stocks. According to Investopedia the term “penny stock” is a small business’s stock which trades at under $5 for each share. The penny stock market can be seen as a stepping stone for small companies to move into a larger market because it allows them to access money from the general public. But don’t be mistaken – it can also be an extremely risky activity, as Sykes is sure to reveal because of his decades of expertise.
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 trading professional. At the age of 25 Sykes was given greater exposure and an even wider influence over time as a participant in the reality show “Wall Street Warriors.” He took advantage of it to establish trading rooms, penny stock themes, and educational material aimed at those who are new to the trading field. He also helped establish Profit.ly as a platform for transparency and for the community to lift each other up and compete against each other through the platform.
The Profit.ly Gurus
One of Profit.ly’s amazing features is the variety of learning sources, trade alerts as well as other useful information provided by the platform’s in-house gurus. Gurus are referred to the experts in trading who have proven to make significant amounts of profit from their combined years of expertise. Hottest Penny Stock
At its height, Profit.ly had housed up to five gurus, all of them a pro in their niche in the trading industry. Some of the prominent gurus included Connor Bruggermann, Nathan Michaud of Investors Underground, and Triforce, among a few 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. With that taken into consideration we’ll take a look at what packaged deals each guru has to offer.
From Tim Sykes Tim Sykes
Sykes offers basic stock trading services that focuses on penny-priced day trading with Tim’s Alerts. At $74.95 for a month you’ll see him focus on the basic stock catalysts and employ them to predict the next moves that could occur when making trades.
A single purchase in Tim’s Alerts will get you access to the chatroom, as well as the mobile application that is available to iOS and Android devices; texts, emails and push alerts; as well as a daily watchlist of stocks.
Tim Sykes: From Tim Sykes: The Pennystocking Silver Package
Pennystocking Silver is the premium version, with an upgraded version of Tim’s Alerts package. At $149.95 for a month this is the perfect plan for investors who are committed to the penny-stock market. Pennystocking Silver includes all the basic features of prior plans, such as swing trading alerts and unlimited access to a library of over 7,000 educational videos and new videos released each week.
From “Superman” Paul Scolardi: Superman Alerts
Scolardi who is known under the name “Superman,” is a trader who has an eye for both 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 trading profits. Hottest Penny Stock
The Superman Alerts plan is his package of vital features and trading alerts targeted toward those who may be interested. For $147 per month, you’ll gain access daily premarket stock watchlist as well as the mobile application, daily market commentary in real-time, as well as SMS and e-mail alerts.
From “Superman” Paul Scolardi: Superman Pro
At $247/month, you get additional features and access to an extensive base of knowledge of information provided by Superman himself, via his Superman Pro package. In addition to the basic features included in the Alerts package, Superman Pro gives you weekly video lessons, including a growing library of all previous lessons. Additionally you’ll also have an access to high-quality research papers as well as an IPO or earnings monitor.
Profit.ly plans and costs
If you’re eager to join the online trading community and leave a mark in the market, Profit.ly has the right amount of resources to help you going. The platform has three membership tiers that cater to traders of different levels. Let’s break down what these three levels are and what they will cost you.
The package called Novice is Profit.ly’s basic plan that is designed specifically for those who are just beginning their journey to the world of trading. As you sign to this plan, you will be immediately offered a range of strong and vital trading tools, all of which is essential to keep your fingers on what call a competitive process in and of itself.
The list of features you can accomplish using Profit.ly’s Novice package is the capability to check the results of your trades and track profit and follow-up, leading, and even messaging your fellow traders, as well as providing feedback on trades today. It also allows you to be on leaderboards, analyze your trades, sort or filter the trades you make and, finally, see other people’s statistics.
The Novice plan costs $29.95 per monthly payment. Although it looks attractive for the price alone, there is a downside. It isn’t possible to create a private profile, which makes your activities publicly available. If you’re looking to get an account with this option, keep an eye on us as we present to you Profit.ly’s new plan.
The Trader plan allows you to use the majority of features available in the novice plan. It is in this plan that you can create an account that is private to share with other associate users all your knowledge and information you have gained from this trading group.
Costing $49.95/month, Profit.ly’s Trader plan does what the name suggests caters people who want to improve their trading skills. While it’s nice however, there’s a crucial element that’s missing. In contrast to the Novice package, you will not be able view the statistics of other traders that could be a disadvantage for some who may be looking forward to this tier. Hottest Penny Stock
The Professional plan can be described as the most expensive plan Profit.ly can offer to experienced traders. At $74.95 each month which includes a 22% discount for annual billing, this tier has everything. You get full, no-holds-barred access to all the options of the previous plans.
Not only do you get to view other people’s stats as well, you’re also offered the chance to create an individual profile. These two features are on top of all the benefits that you can use to the fullest potential. If you’re in search of a plan that can serve all the features you need to be trader with experience, the Pro level is ideal for you!
Profit.ly’s Other Services
Apart from the training tools and the leadersboards Profit.ly provides a variety of more services it has to offer. One of them is the online store, where customers can select from a variety of videos created to provide guidance on the ins and outs of trading. Each of the offerings listed in this section of the website is available to be immediately purchased for personal use. Some of these include bestsellers such as the “Trading Tickers” series from trading specialist Tim Grittani, Timothy Sykes’s collection of DVDs and streaming-only content on short stocking, penny stocking, and other aspects of trading. There are also clips and footage from events like the Annual Pennystocking Conference, and other products by expert traders.
The chat rooms that are integrated are also part of Profit.ly’s range of features and services. You’re probably familiar with the chat room as you will see it on social and messaging platforms as well as some specialty websites that provide live chat support. However, in Profit.ly, it is seen as a real-time area where experts and members trade and share knowledge in real-time. Every guru has their own style in operating their chat room and in dealing with the members there. Some may be a laid-back person who is less active, while another may be more active and in touch in their interactions with students. Think of the chat rooms like Profit.ly’s version of the forum in the essence.
Who is the best trader to Profit.ly?
Profit.ly’s diverse range of products and features caters to an array of stock traders, ranging from beginners to experienced pros. Considering the number of offers it can provide, the platform surely has something for every person.
Beginners, for instance, will appreciate Profit.ly’s library of learning content offered throughout the platform. In addition, they will be provided with videos every week and chat room advice from the in-house experts as well as their members. Additionally, they can select from the products on its store online that they can take with them wherever they be. They can also gain hands-on experiences from trading within the platform, however they’ll be able to realize that the process is a high stakes game that shouldn’t be taken as a joke.
For the traders with years of exposure down the line, we see Profit.ly as equally as suitable to the newcomers. Although the novices might not be as adept at dealing with trading issues however, experienced traders know the way it functions and the plethora of risks associated with it. It is ideal to make use of Profit.ly’s variety of features to their full advantage to enhance their trading skills. As beginners, they are able to learn from the experts and experts , and use those quick tips and tidbits along the way.
Profit.ly’s “all-inclusive” nature does not only apply to beginners or semi-experienced trader. Experts who have been verified can also participate in the excitement! Those in the trading industry who are on similar levels to Superman or Tim Sykes can also use up Profit.ly’s abilities to show off their expertise to other traders as a way to help assist them in the ever-changing trading process. Hottest Penny Stock
Profit.ly’s Pros and Pros and
- Profit.ly’s many capabilities as a ‘one-stop’ platform for trading stocks allows it to provide traders everywhere with tons of learning tools, communication, and trading tools
- You get to be taught by experts and tips from the internal experts, which include video libraries that teach you how to learn and real-time trading activities
- You’re assured of transparency throughout Profit.ly by using accurate data as well as other traders ready to call you out if something occurs.
- The leaderboard feature on the platform gives you the opportunity to increase your reputation as a reliable and dependable trader
- Apart from its main capabilities, Profit.ly also gives its customers additional options to meet their preferences, such as posting unverifiable trades through images
- Profit.ly’s diverse range of subscription plans and guru packages are priced at affordable rates – there truly is something for everyone
- Profit.ly’s numerous products and packages offered might not be enough for a lot of its customers
- As traders may opt to open any kind of trade, there is an opportunity that some them could profit from picking the most profitable trades to improve their ratings This could be a problem that shouldn’t be ignored.
- Profit.ly does not accept refunds as its premium users are expected to instantly benefit from the many features the platform is able to offer
The Final Concluding Question is: Is Profit.ly Worth It?
If we were able to come up with 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. The platform was not always intended to be created in this way. Instead, it is best to keep curiosity. Hottest Penny Stock
What we mean”yes” is that it could be a useful learning tool. For those who are struggling, they may discover Profit.ly’s range of resources to be helpful in their efforts to reduce loss and perform better than before. Not only struggling traders that will benefit from this platform. It will be able to accommodate beginners as well as even experts in the field!
If you truly want to become better at trading and wish to learn from your peers and experts on the way, look no further – Profit.ly is a fantastic alternative to start.
FAQ Hottest Penny Stock
How can you make use of Profit.ly to post your trades?
Profit.ly includes the option of allowing trade entries under the My Trade’ category of the dashboard that lets you post your trades, verifiable or otherwise. There are three choices:
- Connecting your account to your brokerage of choice and importing transactions directly through there
- Manually entering your trades into provided spaces and specifics
- Upload a screenshot of your trades
How do I know whether the trade is authentic or not?
If you purchase your trade from a trusted brokerage, there’s the likelihood that it can be verified. This is shown by the small blue check. If you post it in a manual way or by taking images, it will be assigned as unverified.
The drawback of posting an unauthenticated trade is the possibility of getting downvotes from your friends and colleagues. Too many downvotes may cause you to be listed in the Madoff leaderboard, where users can see who’s fraudulent in posting trades.
Is the Profit.ly mobile app still in use?
As of the moment, Profit.ly is still available to download via the Apple App Store and in the Google Play store. The mobile version of the app is compatible with the majority of functioning tablets and smartphones.
How many people are connected to Profit.ly?
Profit.ly currently houses over 150,000 traders and investors, as they not only are trying to maximize profits but also to help one another develop and grow in their ability to take advantage of stock market opportunities both right and left.