Stock trading is a high-stakes game. On certain days, you may enjoy the benefits of positive and satisfying numbers. However, on other days you may experience the opposite and it can be extremely difficult to get back to the point you were at your most productive. If you’re constantly stuck in the gutter it is important to realize that relying on pure instinct and preservation may not always be enough.
If you’ve suffered occasional losses You’ll need solid advice from seasoned and tested trading experts. You’re also gonna need a significant boost from your fellow traders from around the globe, which is why we’ve discovered an option that can help you to improve your performance within the field. In this review, we’ll be taking 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 Most Successful Penny Stock Ever
Value: 4.1/5
Quality: 4.1/5
Costs: 4.1/5
Users Experience 4.5/5
Summary
Profit.ly can be described as an online platform for trading that enables traders of different levels to be informative and accountable, as well as transparent and uplifting with each other by offering a wide array of tools and features like chat rooms, trade verification and a rich library of educational material.
What is Profit.ly?
Profit.ly is a trading website which serves as a learning and training platform for traders new to trading and as a hub for traders who are experienced to monitor their performance with the help of cutting-edge analytics tools. It provides users with a vast range of resources for communication and trade and letting traders from all walks of life connect with each other. It also allows gurus to make worthy investments within the boundaries of this platform. Think of it as an online social media platform similar to Facebook and Reddit but with a focus on traders and experts.
Profit.ly independently validates trade performance and posts all the data from them in the style of leaderboards. The trading platform is built on transparency and honesty: it makes sure that transactions are legitimate and will not allow for fraud as much as is humanly possible. It was created in the past by penny expert in stock trading and investment expert Timothy Sykes, along with fellow expert Michael Mosseri.
One time during his appearance in Forbes magazine Sykes declared that Profit.ly was motivated by its focus “on the transparency of the entire spectrum of trades, something which was never prior to.” This idea Sykes said served two objectives: one) making public records for everyone, not just the experts as well as students and newsletter writers, and 2) making it possible for all users to learn from both losses and wins for the trading industry’s benefit. Most Successful Penny Stock Ever
How Does It How Does It
Profit.ly is a subscription-based platform that allows stock traders to have access to a range of services and features geared toward the success of their business. You can create an account at no cost, however you’re limited to access to the leaderboards and monitor the actions of non-gurus. If you’re ready to invest your money in order to find out what stocks the experts are trading in real-time You’ll need to subscribe to any of Profit.ly’s offers that we’ll review in the coming days.
Setting up an account is easy: create an account with your experience and expertise, connect to your brokerage account and you’ll have an opportunity to make through at the very top of the list. Profit.ly’s Leaderboard function, which was we’ve mentioned earlier it is designed to provide its users a look at the performance of the trading community and its gurus. You’re not just allowed to show value to a large group of traders, as you can also utilize Profit.ly to buy with a guru, and have the assurance that you’re comfortable of their knowledge and the veracity of their claims.
If you’re not comfortable with the concept of leaking information about your account with a brokerage, then you could opt to post your trades, whether verified or not, via pictures. Also included in Profit.ly is the huge selection of trading classes, the ability to view the stats of a trader’s account and other methods to connect with your gurus via chatrooms 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 trading personality who has been famously known for his efforts in penny stock trading. According to Investopedia, a penny stock refers to a small-sized company’s stock that trades for under $5 for each share. Penny stock trading can be seen as an avenue for small-scale businesses to make the transition to a large marketplace as they can access capital from the public. But don’t make the mistake of thinking that it’s also an extremely risky activity, as Sykes is sure to reveal because of his decades of experience.
From his beginnings in the latter years of the high schools, Tim Sykes has, since then, earned an estimated $6 million profit throughout his illustrious career as trader. At the age of 25, he had been given greater exposure and an even wider impact when he was a part of the reality series “Wall Street Warriors.” He then took advantage of it to develop trading rooms and penny stock themes and educational material aimed at those who are just beginning to learn about the trading field. He also played a role in establishing Profit.ly as a platform for openness, and for the community to lift each other up and compete with each other on the platform.
The Profit.ly Gurus
One of Profit.ly’s most appealing features is the vast array of educational sources, trade alerts as well as other useful information provided by the company’s internal gurus. Gurus are referred to experts in the field of trading who have proven to make substantial profits from their combined years of expertise. Most Successful Penny Stock Ever
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 prominent experts were Connor Bruggermann, Nathan Michaud of Investors Underground, and Triforce, among a few others. At the time of writing there are only two gurus who remain on the platform: the founder and penny stock trader Tim Sykes and veteran smallcap swing trader Paul Scolardi, also known as Superman. When we take that into account Let’s look at the packaged offers each guru offers.
From Tim Sykes Tim Sykes
Sykes offers an essential stock trading service which focuses on penny stock day trading through Tim’s Alerts. Costing $74.95 per month, you’ll be able to be able to see him concentrate on the basic stock catalysts and employ them to anticipate the next moves that could occur when making trades.
A single purchase of Tim’s Alerts will get you access to the chatroom as well as the mobile app available for iOS as well as 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, upgraded version of the Tim’s Alerts program. At $149.95 monthly, it is an ideal plan for those who are more committed to penny stock trading. Pennystocking Silver offers all the essential features that were included in prior plans, which includes swing trading alerts and unlimited access to a library of over 7,000 educational videos, with new ones released every week.
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In “Superman” Paul Scolardi: Superman Alerts
Scolardi who goes under the name “Superman,” is a professional in swing trading with an eye for both massive stocks of the small-cap size and insanely accurate marketing forecasts. Since when he first started trading, Superman has amassed over $5.5 million in total trading earnings. Most Successful Penny Stock Ever
The Superman Alerts plan is an package of vital features and alerts on trading geared towards those who might be interested. For $147 per month, you’ll gain access daily stock watchlist that is premarket and the mobile app, daily market updates in real time, and email and SMS alerts.
The film “Superman” Paul Scolardi: Superman Pro
For $247 per month, you can enjoy additional features, as well as access to a knowledgeable base of information provided by Superman himself via his Superman Pro package. In addition to the basic features that are included in the Alerts plan, Superman Pro gives you daily video lessons, which include the growing collection of previous lessons. In addition you’ll also have an access to high-quality research papers and an IPO as well as earnings tracking tool.
Profit.ly Plans and Costs
If you’re looking to join the world of online trading and leave your mark on the market, Profit.ly has the right amount of tools to get you started. Profit.ly offers three membership tiers that cater to traders with different levels. Let’s break down what these three 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 people who are brand new to the trading world. As you sign to this plan you’ll be offered a range of strong and indispensable trading tools, each of them integral in keeping your fingers on what we could call a ruthless procedure in its own.
Among the list of things you can accomplish with Profit.ly’s Novice package is the ability to verify trades and track profits as well as leading, following and even texting your fellow traders, as well as providing feedback on trades today. You can also get on leaderboards; analyze, sort, and filter your trades; and, finally, see other people’s statistics.
The Novice plan will cost $29.95 per month. Although it looks attractive simply because of the price but there’s a disadvantage. You aren’t able to create a personal profile, which makes your actions public. If you’re interested in gain an account with this option, you should be watching for us to introduce to you Profit.ly’s next strategy.
Trader Plan
The Trader package lets users to benefit from the majority of features available in The Novice package. In this plan, that you can create an account that is private for sharing with fellow associate users all the insights and knowledge you gain from this trading group.
Priced at $49.95/month, Profit.ly’s Trader plan does what the name suggests catering for those looking to harness their expertise in trading. Although it’s a nice thing however, there’s a crucial element that’s missing. In contrast to the Novice package, you won’t be able to see other traders’ statistics, which could be a problem for those looking forward to this tier. Most Successful Penny Stock Ever
Pro Plan
This is by far the most premium package that Profit.ly offers to experienced traders. It costs $74.95 monthly, and 22% off for billing annually the Pro plan has it all. You will have full, unrestricted access to all the features from the two prior plans.
You’re not only able to view other people’s stats and data, but you also have the opportunity to create a private profile. Both of these options, in addition to the benefits that you can use to their fullest capacity. If you’re in search of an account that will give all the features you need to be trader with experience, the Pro tier could be ideal for you!
Profit.ly’s Other Services
In addition to the trainer tools and Leaderboards Profit.ly offers a number of more services it has to provide. One of those is its online store, which allows users to pick from a range of videos that are designed to educate and provide guidance on the nuances and pitfalls of trading. The products listed on this page of the site can be immediately purchased for personal use. Some of these include bestsellers such as”Trading Tickers, “Trading Tickers” series by trader specialist Tim Grittani, Timothy Sykes’s library of DVDs and streaming-only content on short stocking, penny stocking, as well as all related to trading, videos and clips from events like the Annual Pennystocking Conference, and products from other expert traders.
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The chat rooms that are integrated are also part of Profit.ly’s array of services and features. You may be familiar with the concept of chat rooms since you will see it on social and messaging platforms and also on a few specialty websites that offer live chat support. However, in Profit.ly it’s seen as a real-time space where experts and their member traders can communicate and learn in real time. Each guru has their style in running their chat rooms and dealing with the listed members there. Some may be a laid-back person who is less engaged, while another could be more interactive and online to their pupils. Think of chatrooms as Profit.ly’s version of a forum, in essence.
Who is the ideal Trader for Profit.ly?
Profit.ly’s diverse range of products and features caters to an array of stock traders, from novices to the most experienced. Considering the number of offers it can provide it is certain to have something for everyone.
For instance, newbies will enjoy Profit.ly’s collection of educational information available on the platform. Not only will they get daily videos and chat room advice from its in-house gurus and their members. They’ll also be able pick from the merchandise available from its online store for them to take wherever they may be. They can also gain hands-on experience trading on the platform, however, they will soon learn that this is a risky game that shouldn’t be treated as an amusing pastime.
For traders who have decades of experience in the line, we see Profit.ly equally suited for them as it is for those who are just starting. While novice traders may not be as well-equipped with handling trading matters, the pros already understand how it works along with the risky mix that it carries. Ideally, they may utilize Profit.ly’s variety of features to their best advantage to improve their trading skills. As beginners, they are able to learn from the top experts as well as experts, and take advantage of quick tips and tidbits throughout the process.
Profit.ly’s “all-inclusive” nature isn’t limited to novices and semi-experienced traders. Verified experts can also join in the enjoyment! Trade professionals who are on similar levels to Superman or Tim Sykes can also use Profit.ly’s capabilities. Profit.ly’s abilities to show off their expertise to other traders as a way to help navigate them through the ever-changing trading process. Most Successful Penny Stock Ever
Profit.ly’s Pros and Pros and
The Pros
- Profit.ly’s diverse capabilities as a “one-stop” platform for trading stocks allows traders across the globe with a wealth of education, communication, and trading tools
- You will receive excellent training and insights from its in-house gurus, including libraries of educational videos and live trading activity.
- You’re guaranteed transparency throughout Profit.ly by using accurate data and fellow traders ready to call you when something goes wrong.
- The leaderboard feature of the platform offers you a way to build your reputation as a reliable and authentic trader
- In addition to its primary capabilities, Profit.ly also gives its customers additional options to meet their needs, like posting unauthentic trades via images
- Profit.ly’s wide array of packages and subscription levels are priced at affordable rates – there truly is something for every person
The Cons
- Profit.ly’s bountiful stream of packages and services offered could not be enough for the majority of its customers
- If traders decide to post any kind of trade, there is a possibility that some of them may take advantage by cherry-picking the best trades to increase the rating – this may be a concern that should not be overlooked.
- Profit.ly does not offer refunds as its premium users are expected to immediately benefit from the many services that the platform can offer
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The Final Verdict The Final Verdict: Is Profit.ly worth it?
If we could come up with an answer to this question, it’s yes. But you need to understand that this platform shouldn’t be viewed as a scheme to get rich quick. The platform wasn’t originally intended to be created in this way. Instead, you should have curiosity. Most Successful Penny Stock Ever
What we are referring to”yes” is that it is a fantastic learning tool. People who are stuck may discover Profit.ly’s variety of resources helpful as they do their best to avoid losses and be more successful than they did before. Not only struggling traders who 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 is a fantastic option to begin.
FAQ Most Successful Penny Stock Ever
How do you use Profit.ly to make your trades public?
Profit.ly has an entry section for trades under the “My Trade category on the dashboard which allows you to post your trades, verifiable or not. There are three choices:
- Connecting your account to your broker of choice and import the trades from that directly
- Manually entering your trades into the spaces provided and details
- Take a photo of your trades
What can I do to determine whether the trade can be verified or not?
If you buy your trade from a reputable brokerage, there’s an excellent chance that it is verifiable. This is indicated with the small blue check. If you submit it in a manual way or by taking screenshots, it will automatically be classified as unverified.
The drawback of posting an unauthenticated trade is the possibility of receiving downvotes from fellow peers. A large number of downvotes could cause you to be listed at the top of the Madoff leaderboard, where users can detect who’s being fraudulent in posting trades.
Are the Profit.ly mobile app still available?
At the time of writing, Profit.ly is still available to download via the App Store for Apple and 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 since they’re not just seeking to make the most profit but also help each other grow and learn more about acquiring opportunities on the stock market left and right.
