Stock trading can be a high-stakes game. On some days, you may have the benefit of positive and satisfactory numbers. However, on other days you may experience the opposite, and it may sometimes be very difficult to get back to where you were your best. If you find yourself constantly stuck in the gutter it is important to recognize that relying on pure instinct and preservation might not be enough.
If you’ve suffered loss from time to time You’ll need solid advice from seasoned and tested trading experts. You’re also gonna need a significant boost from your colleagues in the market from all over the globe. That’s why we’ve identified an online platform that will help you in your growth in the market. We’ll take a 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 J C Penny Stock Prices
Value: 4.1/5
Quality: 4.1/5
Costs: 4.1/5
The User’s Experience 4.5/5
Summary
Profit.ly offers an internet-based trading service that enables traders of different levels to be knowledgeable responsible, transparent, and encouraging one another through its wide variety of tools and features including trade verification, chat rooms and a rich library of educational material.
What is Profit.ly?
Profit.ly is a trading website which serves as a training and learning platform for those new to trading and also as a platform for experienced traders to track their performance through the use of sophisticated analytics tools. Offering users a broad array of options to facilitate trade and communication, it helps traders from all walks of life network with one another. It gives the gurus worthy investments within the boundaries that the site. Imagine it as a social media site akin to Facebook and Reddit, but for professionals and traders.
Profit.ly independently checks the performance of trades and then publishes the information of them in the manner of leaderboards. The platform for trading is built on transparency and honesty: it ensures that the trades are valid and won’t allow for fraud as much as is humanly possible. It was created years ago by the penny stock trade expert and investment expert Timothy Sykes, along with his colleague Michael Mosseri.
One time during his appearance in Forbes magazine, Sykes declared that Profit.ly was based “on showing all trades, something that was never done before.” The idea, he added, served two objectives: one) creating public track records for all traders, not just the gurus as well as newsletter authors and students as well as) making it possible for all users to learn from the losses and wins to benefit the industry of trading. J C Penny Stock Prices
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. It is possible to create an account on the site at no cost, however you’re only given access to the leaderboards and monitor the activities of non-gurus. If you’re ready to invest your money and see what stocks the experts are trading in real time it is necessary to join one of Profit.ly’s offerings, which we will discuss in the near future.
Setting up an account is simple: Create an account that includes your personal information and knowledge, then connect to your brokerage account and you have yourself the chance to climb your way up to high on the leaderboard. Profit.ly’s leaders’ board feature as previously mentioned was designed to offer its users a glimpse of how the community of traders performs as well as its experts. It’s not only a chance to show value to a large group of traders, as you can also use Profit.ly to purchase from a guru with the confidence that you are confident with their expertise and the veracity of their assertions.
If you feel uneasy with the idea of sharing your brokerage account, then you could opt to post your trades, verified or otherwise, through pictures. Also included in Profit.ly are the vast number of trading classes as well as the ability to look at the stats of a trader’s account and other methods to interact with your experts in 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 trading guru who is well-known for his efforts in trades in penny stocks. According to Investopedia, a penny stock refers to a small company’s stock that trades for less than $5 per share. The penny stock market is a stepping stone for small-scale businesses to make the transition into a larger market because they can access money from the general public. However, don’t get it wrong – it can also be an extremely risky activity, as Sykes is sure to reveal thanks to his years of expertise.
From his beginnings at the end of his time in high school, Tim Sykes has, since then, earned more than $6 million in earnings during his long and successful career as trading professional. At the age of 25 Sykes was given more exposure and a wider reach of influence as a participant in the reality series “Wall Street Warriors.” He made use of the show to develop trading rooms, penny stock themes, and educational material aimed at those who are new to trading. He also helped to establish Profit.ly as a place for openness, and to allow the community to rise and compete against each other on the platform.
The Profit.ly Gurus
One of Profit.ly’s sweet inclusions is the variety of educational resources, trade alerts, and other useful stuff offered by the platform’s in-house gurus. Gurus are referred to the experts in trading who have earned substantial profits from their combined years of experience. J C Penny Stock Prices
At its height, Profit.ly had housed up to five gurus. Each of them a professional in their field of expertise in the field of trading. Some of the prominent experts were Connor Bruggermann, Nathan Michaud of Investors Underground, and Triforce, among a few others. As of this writing, only two gurus remain on this platform: Founder and 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 the packages each guru can offer.
From Tim Sykes: Tim’s Alerts
Sykes provides a basic stock trading service which focuses on penny-priced day trading with Tim’s Alerts. At $74.95 monthly, you will see him focus on the basic stock catalysts and employ them to anticipate the next moves that could occur when trading.
A single purchase of Tim’s Alerts will get you access to the chatroom as well as the mobile app available to 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 premium version, with an upgraded version of Tim’s Alerts program. At $149.95 per month, this is an ideal plan for those who are committed to the penny-stock market. Pennystocking Silver offers all the essential features that were included in prior plans, such as alerts for swing trading and access to a rich 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 small-cap monumental stocks and crazy-accurate marketing forecasts. Since he began as a trader, Superman has amassed over $5.5 million in all-time trading profits. J C Penny Stock Prices
The Superman Alerts plan is his package of vital features and trading alerts targeted to those interested. For $147 per month, you’ll gain access to the 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, plus access to the extensive knowledge base that is provided by Superman himself through the Superman Pro package. On top of the essentials that are included in the Alerts package, Superman Pro gives you weekly video lessons, including an ever-growing library of the previous ones. In addition you’ll also have access to premium research reports as well as an IPO and earnings tracker.
Profit.ly Plans and Costs
If you’re ready to join the online trading community and leave your mark on the field, Profit.ly has the right amount of resources to get you going. The platform offers three membership levels that are designed to accommodate traders at different levels. Let’s look at what the three levels are and what they’ll cost you.
Novice Plan
The package called Novice is Profit.ly’s entry-level plan designed especially for those who are new to the world of trading. Once you have signed up for this package you’ll be offered a range of strong and essential trading tools, each of them integral in keeping your fingers on what we can describe as a cutthroat procedure in its own.
Among the list of things you can do using Profit.ly’s Novice package is the capability to check the results of your trades and track profit; leading, following, and even messaging your fellow traders, as well as providing feedback on trades today. It also allows you to be on leaderboards, analyze the results of your analysis, sort, and filter your trades; and lastly, look at the statistics of other traders.
The Novice plan is $29.95 per month. While it may look attractive just by the price however, there’s a drawback. It isn’t possible to create a private profile, thus making your personal information public. If you’re looking to have access to this feature, keep an eye on us as we present to you Profit.ly’s next plan.
The Trader Plan
The Trader package lets you to use many of the features of the Novice plan. This plan allows that you can create an account that is private to share with fellow associate users all your knowledge and intel in this trading group.
The price is $49.95/month, Profit.ly’s Trader plan does what the name suggests caters people who want to develop their expertise in trading. Although it’s a nice thing but there’s one important element that’s missing. As opposed to the prior Novice package, this one won’t be able to see other traders’ statistics, which could be a disadvantage for those looking forward to this tier. J C Penny Stock Prices
Pro Plan
The Pro plan is the highest luxurious package Profit.ly could offer for seasoned traders. With $74.95 each month with a 22% discount when billed annually, this tier has it all. You will have full, unrestricted access to all features from the two prior plans.
You’re not only able to view other people’s stats, but you’re also given the opportunity to create a private profile. These two features are plus the other benefits that you can use to the maximum extent. If you’re in search of an option that gives you everything you need as a skilled trader, maybe the Pro level is the right choice for you!
Profit.ly’s Other Services
Apart from the training tools and the leaderboards, Profit.ly provides a variety of other services they offer. One of these is its online store, which lets users pick from a range of video products created to provide guidance on the ins and outs of trading. All of the products featured on this page of the site can be bought immediately for your personal use. Some of these include bestsellers such as”Trading Tickers,” the “Trading Tickers” series by trading professional Tim Grittani, Timothy Sykes’s library of DVDs and streaming-only content related to penny stocking, short stocking, and other related to trading, videos and footage of The Annual Pennystocking Conference, and items from other experts in trading.
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The integrated chat rooms are included in Profit.ly’s variety of features and services. You may be familiar with the concept of chat rooms since you will see it on social and messaging platforms, as well as some specialty websites that offer live chat support. However, in Profit.ly the chat room is viewed as a space where experts and their member traders can communicate and learn in real time. Every guru has their own way in operating their chat room and dealing with the listed members. Some may be laid back and rarely active, while another may be more interactive and online to their pupils. Think of chatrooms as Profit.ly’s version of the forum in the essence.
Who is the best trader to Profit.ly?
Profit.ly’s wide range of products and features caters to the wide range of stock traders, from novices to experienced professionals. Considering the number of offers it can provide, the platform surely has something for all.
For instance, newbies will enjoy Profit.ly’s library of learning content offered throughout the platform. They will also be provided with videos every week and chat room tips from the in-house experts and their members. Additionally, they can choose from the items in its online store for them to take wherever they may travel. Additionally, they can gain practical experiences from trading within the platform, but eventually they’ll realize that trading is a high stakes game that shouldn’t be treated as an amusing pastime.
For those traders who have had years of exposure down the line, we believe Profit.ly as equally as suitable to the newcomers. While novice traders may not be as proficient in managing trading, the pros already understand how it works and the stack full of risks that it carries. In the ideal scenario, they can utilize Profit.ly’s variety of options to their maximum advantage to enhance their skills in trading. Like beginners, they can learn from the top experts and experts and utilize those short tips and tricks to help them along.
Profit.ly’s ‘all-together’ nature isn’t limited to novices as well as semi-seasoned traders. Certified experts can also take part in the excitement! People in the trade industry who are on similar levels to Superman or Tim Sykes can also use up Profit.ly’s capabilities to showcase their skill to others as a way to help guide them through the ever-illustrious trading process. J C Penny Stock Prices
Profit.ly’s Pros and Cons
The Pros
- Profit.ly’s numerous capabilities as a ‘one-stop’ platform for trading stocks allows traders from all over the world with an abundance of knowledge tools, communication, and trading tools
- You’ll be provided with excellent lessons and advice from the company’s internal experts, which include libraries of educational videos and live trading activity.
- 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 if something occurs.
- The leaderboard feature of the platform offers you the chance to establish your reputation as a reliable and verifiable trader
- Apart from its main abilities, Profit.ly also gives its users extra options to suit their preferences, such as posting unverifiable trades through images
- Profit.ly’s wide array of subscription plans and guru packages are priced at affordable rates There’s something for everyone
The Cons
- Profit.ly’s bountiful stream of packages and products offered may be too much for a lot of its users
- As traders may opt to make any type of trade, there’s 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 simply overlooked
- Profit.ly does not offer refunds because its premium users will immediately benefit from the many services that the platform can offer
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The Final Verdict is: Is Profit.ly Valued?
If we could come up with the answer, it would be an affirmative “yes”. But you need to understand that the platform should not be used as a scheme to get rich quick. The platform wasn’t originally intended to be created to achieve this goal. Instead, you should have the ability to think with an open heart. J C Penny Stock Prices
What we are referring to by ‘yes’ is that it can be a great learning tool. People who are stuck might be able to find Profit.ly’s range of resources helpful when they try their best to reduce losses and perform better than before. It’s not just the struggling traders who will benefit from this platform. It is able to accommodate novices and even experts in the field!
If you really care about being more successful in trading and would like to be taught by your peers and experts along the way, then take a look at Profit.ly. Profit.ly could be a good choice to start.
FAQ J C Penny Stock Prices
How can you make use of Profit.ly to publish your trades?
Profit.ly offers an entry section for trades under the My Trade’ category of the dashboard. It lets you record your trades, verifiable or not. You may choose between three choices:
- Linking your account to the broker of choice and import trades directly from there
- Manually entering your trades into provided spaces and specifics
- Upload a screenshot of your trades
How can I tell whether the trade is authentic or not?
If you purchase your trade through a reliable brokerage, there is an excellent likelihood that it can be verified. This is evident by the small blue check. If you upload it in a manual way or by taking images, it will be classified as unverified.
The drawback of posting an unauthenticated trade is the chance of receiving downvotes from friends and colleagues. Too many downvotes may cause you to show up on the Madoff leaderboard, which is where the public can see who’s untruthful in submitting trades.
Does the Profit.ly mobile app still in use?
As of the moment, Profit.ly is still available to download from the App Store for Apple and on the Google Play store. The mobile app version is compatible with most functioning tablets and smartphones.
How many people are using Profit.ly?
Profit.ly currently houses more than 150,000 investors and traders since they’re not just seeking to make the most profit but also assist each other to grow and learn more about acquiring stock market opportunities left and right.
