Stock trading can be an extremely risky game. On some days, you may be reaping the benefits of positive and satisfying numbers. On other days, however, the opposite may happen and it could be very difficult to return to the point you were at your peak. If you find yourself always in the mud, you will have to realize that relying on pure instinct and preservation is not always enough.
If you’ve suffered losses from time to time You’ll need solid advice from seasoned and tested trading experts. You’re also gonna need an important boost from fellow traders from around the globe. That’s why we’ve discovered a platform that can support you to improve your performance within the field. 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. To get a comprehensive overview of Profit.ly, you may still want to check out our article below.
Total Rating: 4.1/5 Less Than Penny Stock
The User’s Experience 4.5/5
Profit.ly is an online trading platform that permits traders of various levels to be informed responsible, transparent, and encouraging each other through its broad array of tools and features like chat rooms, trade verification, and an enriched library of educational material.
How do I define Profit.ly?
Profit.ly is a site for trading that functions as a training and learning platform for traders new to trading and as a hub 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 and letting traders from every field of business connect with one another. It offers gurus with worthwhile investments within the confines of the platform. Think of it as the social media equivalent to Facebook and Reddit however it is geared towards professionals and traders.
Profit.ly independently validates trade performance and posts all the data of them in the manner of leaderboards. The platform for trading is built on honesty and transparency: it ensures that the transactions are legitimate and will not allow for fraud as much as it is possible. It was established many years ago by penny stock trade expert and investment expert Timothy Sykes, along with fellow expert Michael Mosseri.
One time during his interview with Forbes magazine, Sykes said that Profit.ly was based “on the transparency of all trades, something that has never been done before.” The concept was, he said, serving two objectives: one) creating public track records for all traders, not just the gurus and newsletter writers and students, and 2) giving everyone on the platform to gain insight into both the wins and losses to the benefit of the trading industry. Less Than Penny Stock
How Does It Perform?
Profit.ly utilizes a subscription model that lets stock traders have access to a range of tools and services that are geared towards achieving the success of their business. You can create an account for free, but you’re only given the capability to browse the leaderboards and monitor the activities of people who aren’t gurus. If you’re ready to invest your money and see which stocks the gurus are trading in real-time You’ll need to sign up to one of Profit.ly’s deals that we’ll review in the coming days.
Setting up an account is easy: create an account with your experience and skills, join to 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 previously mentioned was designed to offer its users a glimpse of their performance as a trading group and its gurus. It’s not just a way to show value to a community of traders, but you can also utilize Profit.ly to buy from a guru with the confidence that you are confident with their expertise and the veracity of their claims.
If you are unsure about the idea of sharing information about your account with a brokerage, you can opt to post your trades, whether verified or otherwise, through pictures. In Profit.ly are a variety of trading courses as well as the ability to look at the stats of a trader’s account as well as other ways to interact with your experts via chatrooms along with email and text alerts as well as updates.
Meet the Founder: Tim Sykes
Timothy Sykes is a well-renowned day trader who is famously known for his efforts in the penny-stock market. According to Investopedia Penny stock refers to a small company’s stock that trades for less than $5 per share. The trading of penny stocks is an avenue for small businesses to transition into a larger market because it gives them access to funds from the general public. But don’t be mistaken – it’s also an extremely risky activity, as Sykes will be able to tell you because of his decades of experience.
Beginning in the latter years of high school, Tim Sykes has, since then, earned more than $6 million in profit through his lengthy career as trading professional. At 25 years old Sykes was given greater exposure and an even wider impact when he became part of the reality show “Wall Street Warriors.” He took advantage of it to create trading rooms and penny stock themes and educational material aimed at those who are new to the trading field. He also helped to establish Profit.ly as a platform for openness, and to allow the community to rise and compete with each other on the platform.
The Profit.ly Gurus
One of Profit.ly’s amazing features is the variety of education resources, trade alerts, and other useful stuff offered by the in-house experts of the platform. These gurus refer to experts in the field of trading who have made substantial profits from their combined years of expertise. Less Than Penny Stock
At its height, Profit.ly had housed up to five gurus, all of them a professional within their particular field within the world of trading. Some of the most famous experts included Connor Bruggermann, Nathan Michaud of Investors Underground, and Triforce, among a few others. At the time of 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. With that taken into consideration Let’s look at the packaged offers each guru offers.
From Tim Sykes Tim Sykes: Tim’s Alerts
Sykes offers a basic stock trading service that focuses on penny-stock day trading via Tim’s Alerts. Costing $74.95 per month, you will be able to see him concentrate on the fundamental catalysts for stocks and utilize them to predict the next move that is possible when making trades.
A standalone purchase from Tim’s Alerts will get you access to the chatroom, as well as the mobile application that is available on iOS as well as Android devices, as well as email, text 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. At $149.95 per month, this is an ideal plan for investors who are invested in investing in penny stocks. Pennystocking Silver includes all the basic features of earlier plans including swing trading alerts as well as unlimited access to an extensive collection of more than 7,000 educational videos, with new ones released weekly.
In “Superman” Paul Scolardi: Superman Alerts
Scolardi, who goes by the alias “Superman,” is a professional in swing trading with an eye for both tiny-cap massive stocks as well as wildly accurate marketing forecasts. In the time since when he first started trading, Superman has amassed over $5.5 million in trading profits. Less Than Penny Stock
The Superman Alerts package is his offer of the most essential 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 along with the mobile application, daily market updates in real time, and SMS and e-mail alerts.
The film “Superman” Paul Scolardi: Superman Pro
At $247/month, you get additional features and access to a knowledgeable base of information provided by Superman himself through his Superman Pro package. On top of the essentials included in the Alerts plan, Superman Pro gives you weekly video lessonsthat include a growing library of all previous lessons. On top of that, you’ll also get access to premium research reports and the IPO or earnings monitor.
Profit.ly plans and costs
If you’re looking to join the online trading community and leave your mark on the industry, Profit.ly has the right amount of tools to get you started. The platform has three membership tiers that are designed to accommodate traders at different levels. Let’s take a look at what these three levels are and what they’ll cost you.
This package for novices is Profit.ly’s beginning-of-the-line plan specifically for those who are just beginning their journey to the world of trading. When you sign up for this plan you’ll be provided with a variety of powerful and vital trading tools, each of which is essential to keep your fingers on what we can describe as a cutthroat process in and of itself.
Some of the features you can accomplish with Profit.ly’s Novice package include the ability to confirm the results of your trades and track profit; leading, following and even chatting with other traders; and giving feedback on the trades of today. You can also get on leaderboards; analyze the results of your analysis, sort, as well as filter trades; and lastly, look at other’s stats.
The Novice plan will cost $29.95 per month. While it may look attractive simply because of the price however, there’s a drawback. You can’t create a private profile, which makes your actions public. If you do want to get access to this feature, stay tuned as we introduce to you Profit.ly’s new plan.
The Trader Plan
The Trader package allows you to use the majority of features available in the novice plan. In this plan, that you are able to create an account that is private to share with fellow associate users all your knowledge and knowledge you gain from the trading community.
Priced at $49.95/month, Profit.ly’s Trader plan is exactly what it says catering people who want to develop their skills in trading. While it’s nice, there is one significant feature that is missing. In contrast to the Novice package, this one won’t be able to see other traders’ stats that might be a drawback for those looking forward to this tier. Less Than Penny Stock
The Pro plan is the most premium package that Profit.ly offers to experienced traders. It costs $74.95 monthly, which includes 22% off for annual billing the Pro plan has everything. You will have full, unrestricted access to all options of the previous plans combined.
You’re not only able to look at other people’s statistics as well, you’re also offered the chance to create an individual profile. These two features are in addition to the benefits that you can use to their fullest capacity. If you’re in search of a plan that can serve all the features you need to be a skilled trader, maybe the Pro tier could be for you!
Profit.ly’s Other Services
Apart from the provided training tools and the leadersboards Profit.ly offers a number of additional services that it can provide. One of those is its online store, which allows users to pick from a range of video products that are designed to educate and guide you through the nuances and pitfalls of trading. The products listed on this page of the website can be purchased immediately for personal use. Some of these include bestsellers like”Trading Tickers, “Trading Tickers” series from trading professional Tim Grittani, Timothy Sykes’s collection of DVDs, streaming-only content related to penny stocking, short stocking, and other aspects of trading. There are also clips and scenes of The Annual Pennystocking Conference, and products from other expert traders.
Chat rooms integrated into Profit.ly are also part of Profit.ly’s range of services and features. 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 provide live chat assistance. However, in Profit.ly the chat room is viewed as a place where gurus and their members trade and share knowledge in real-time. Every guru has their own way in running their chat rooms and dealing with the listed members there. Some may be a laid-back person who is rarely active, while another may be more interactive and online with their students. Think of the chat rooms like Profit.ly’s version of the forum in the essence.
Who is the ideal Trader for Profit.ly?
Profit.ly’s wide range of products and features cater to an array of stock trader types, from novices to experienced professionals. With the variety of deals it has to offer, the platform surely has something for every person.
Newbies, 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 its in-house gurus and their members. Additionally, they can choose from the items in its online store for them to take wherever they may be. Additionally, they can gain practical experiences by trading through the platform, but eventually they’ll realize that this is a risky game that should not be viewed as a joke.
For the traders with many years of experience down the line, we see Profit.ly equally suitable to the newcomers. While novice traders may not be as proficient in handling trading matters however, experienced traders know the way it functions and the risky mix that it carries. Ideally, they may make use of Profit.ly’s array of options to their maximum advantage to improve their skills in trading. Like novices, they can learn from the top experts as well as experts, and take advantage of quick tips and tidbits to help them along.
Profit.ly’s “all-in” approach does not only apply to beginners as well as semi-seasoned traders. Certified experts can also take part in the fun! Those in the trading industry who are at the same level as Superman or Tim Sykes can also use up Profit.ly’s capabilities to display their skills to others as a way to help navigate them through the ever-changing trading process. Less Than Penny Stock
Profit.ly’s Pros and Cons
- Profit.ly’s diverse capabilities as a “one-stop” platform for trading stocks allows it to provide traders everywhere with a wealth of education communications, trading, and communication tools
- You will be taught by experts and advice from the company’s internal experts, which include video libraries that teach you how to learn and live trading activity.
- You’re guaranteed transparency throughout Profit.ly with accurate analytics as well as fellow traders that are waiting to reach you when something goes wrong.
- The leaderboard feature of the platform offers you the opportunity to increase your credibility as a trustworthy and dependable trader
- Apart from its main abilities, Profit.ly also gives its customers additional options to meet their preferences, such as posting unauthentic trades via photographs
- Profit.ly’s wide array of subscription plans and guru packages are priced at a reasonable cost There is truly something for everyone
- Profit.ly’s bountiful stream of products and packages offered might be too much for most of its users
- As traders may opt to post any kind of trade, there’s a possibility that some of them could profit from picking the most profitable trades to boost their rating – this may be a problem that shouldn’t be overlooked.
- Profit.ly will not allow refunds, as the premium customers are expected to instantly benefit from the number of services that the platform can offer
The Final Concluding Question: Is Profit.ly Valued?
If we could come up with an appropriate answer for this query, it’s a ‘yes’. However, you must realize that this platform shouldn’t be viewed as a quick-fix scheme to make money. It wasn’t designed to be used to achieve this goal. Instead, it is best to keep curiosity. Less Than Penny Stock
What we mean”yes” is that it is a fantastic learning tool. Those who may be stuck might be able to find Profit.ly’s array of resources to be helpful when they try their best to avoid loss and perform better than they did before. It’s not only the struggling traders that will benefit from the platform. It can accommodate beginners and even experts in the field!
If you really want to become better at trading and wish to be taught by your fellows and gurus throughout the process, then take a look at Profit.ly. Profit.ly may be a great alternative to start.
FAQ Less Than Penny Stock
What are the best ways to use Profit.ly to post your trades?
Profit.ly includes an entry section for trades under the ‘My Trade category on the dashboard that allows you to post your trades, either verified or otherwise. You may choose between three choices:
- Linking your account to the brokerage of choice and then importing trades directly from there
- Manually inputting your trades with specified spaces and information.
- Upload a screenshot of your transactions
How can I tell if the trade is verifiable or not?
If you purchase your trade through a reliable 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 pictures, it will be classified as unverified.
The downside of having an unauthenticated trade is the chance of getting downvotes from your fellow peers. If you receive too many negative votes, it could cause you to be listed in the Madoff leaderboard, where people can see who’s untruthful in submitting trades.
Are the Profit.ly mobile app still available?
As of the moment, Profit.ly is still available to download via the App Store for Apple and on the Google Play store. The mobile app version is compatible with the majority of working smartphones and tablets.
How many are on Profit.ly?
Profit.ly currently houses over 150,000 investors and traders, as they not only are trying to maximize profits but also to help one another learn and improve in acquiring opportunities on the stock market both right and left.