Stock trading can be an extremely risky game. Some days, you might be reaping the benefits of positive and satisfactory numbers. On other days, however you may experience the opposite and it could be very difficult to get back to the point you were at your peak. If you are always in the mud You will need be aware that relying solely on instinct and survival is not always enough.
If you’ve experienced occasional losses and you’re likely to require reliable advice from tested and tried trading experts. Also, you’ll need an important boost from colleagues in the market from all over the globe, which is why we’ve identified an option that can help you to improve your performance within the field. In this review, we’ll be taking an in-depth 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. Do check out our article below, however, because it has a comprehensive overview of Profit.ly.
Total Rating: 4.1/5 Most Volatile Penny Stock
Users Experience 4.5/5
Profit.ly can be described as an online platform for trading that allows traders of all levels to be informed, transparent, accountable, and to build relationships with each other through its broad variety of tools and features such as trade verification, chat rooms and a rich library of educational content.
What is Profit.ly?
Profit.ly is a trading website that serves both as a learning and training platform for those new to trading as well as a place for traders with experience to keep track of their performance with the help of advanced analytics tools. Offering users a broad variety of tools for trade and communication that help traders from all walks of life connect with one another. It offers gurus with worthy investments within the boundaries of this platform. Think of it as an online social media platform similar the likes of Facebook and Reddit however it is geared towards traders and experts.
Profit.ly independently checks the performance of trades and then publishes the information from them in the form of leaderboards. The trading platform is built on trust and transparency. it ensures that the transactions are legitimate and will not tolerate inauthenticity as much as it is possible. It was established in the past by penny stock trade expert 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 based “on showing every trade, something that was never done before.” The concept Sykes said served two purposes: 1) keeping track of public data for everyone, not just the experts and newsletter authors and students as well as) making it possible for all users to gain insight into both losses and wins to the benefit of the trading industry. Most Volatile Penny Stock
How Does It Work?
Profit.ly utilizes a subscription model that lets stock traders benefit from a variety of tools and services that are geared towards achieving success. It is possible to create an account at no cost, however you’re only given access to the leaderboards and monitor the activities of non-gurus. If you’re interested in investing your money to see which stocks the gurus are trading in real time it is necessary to sign up to one of Profit.ly’s offers that we’ll review in the coming days.
Setting up an account is simple: Create a profile with your experiences and skills, join your brokerage account, and you’ll be given a chance to shoot through the top of the leaderboard. Profit.ly’s leaderboard feature, as mentioned previously it is designed to provide its users a glimpse of their performance as a trading group as well as its experts. It’s not only a chance to prove your worth to a community of traders. You can also utilize Profit.ly to shop from a guru with the assurance that you’re confident in their skills and the credibility of their assertions.
If you are unsure about the idea of sharing information about your account with a brokerage, you may choose to publish your trades, whether verified or not, by taking screenshots. Included in Profit.ly is the huge selection of courses in trading as well as the ability to look at the stats of a trader’s account and other methods to communicate with your gurus in the chatroom, along with email and text alerts as well as updates.
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Meet the Founder: Tim Sykes
Timothy Sykes is a well-renowned day trading personality who is well-known for his efforts in the penny-stock market. According to Investopedia, a penny stock is a small business’s shares that trade for just less than 5 cents per share. The trading of penny stocks can be seen as a stepping stone for small companies to move to a market that is larger as it allows them to access money from the general public. However, don’t get it wrong – it’s also a high-risk game, which Sykes will be able to tell you because of his decades of expertise.
Beginning in his late years in the high schools, Tim Sykes has, since then, earned more than $6 million in earnings throughout his illustrious career as trader. When he was 25 years old Sykes was given more exposure and a wider influence over time when he was a part of the reality TV show “Wall Street Warriors.” He then made use of the show to establish trading rooms, penny stock themes, as well as educational content targeted at people who are brand new to trading. He also helped to establish Profit.ly as a place of transparency and for the community to uplift and compete against each other on the platform.
The Profit.ly Gurus
One of Profit.ly’s most appealing features is the vast array of education resources, trade alerts, and other useful stuff offered by the in-house experts of the platform. These gurus refer to the experts in trading who have earned substantial profits from their combined years of knowledge. Most Volatile Penny Stock
At its peak, Profit.ly had housed up to five gurus. Each of them a pro in their field of expertise within the world of trading. Some of the most prominent gurus included Connor Bruggermann, Nathan Michaud of Investors Underground, and Triforce as well as a handful of others. As of this writing, however, only two gurus remain on this platform: the founder of the penny stock market 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 can offer.
From Tim Sykes Tim Sykes: Tim’s Alerts
Sykes provides an essential stock trading service with the main priority being penny-priced day trading with Tim’s Alerts. The cost is $74.95 monthly, you’ll be able to observe him focus on basic stock catalysts and employ them to anticipate the next possible moves in 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 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 package. Priced at $149.95 per month, this is an ideal plan for those who are involved in the penny-stock market. Pennystocking Silver includes all the basic features of the previous plan, such as swing trading alerts as well as unlimited access to a rich collection of more than 7,000 educational videos, with new ones released weekly.
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The following video is from “Superman” Paul Scolardi: Superman Alerts
Scolardi, who goes by the alias “Superman,” is a professional in swing trading with an eye for massive stocks of the small-cap size and insanely accurate marketing forecasts. Through the years since when he first started trading, Superman has amassed over $5.5 million in trading profits. Most Volatile Penny Stock
The Superman Alerts package is his package of vital features and alerts on trading geared to those interested. For $147 per month, you’ll gain access daily stock watchlist that is premarket and the mobile app, daily market commentary in real-time, as well as email and SMS alerts.
The film “Superman” Paul Scolardi: Superman Pro
At $247/month, you get additional features, as well as access to an extensive base of knowledge that is provided by Superman himself, via Superman Pro. Superman Pro package. Alongside the standard features included in the Alerts plan, Superman Pro gives you weekly video lessonsthat include the growing collection of other previous ones. Additionally, you’ll also get the ability to access premium reports on research as well as an IPO and earnings tracker.
Profit.ly Plans and Costs
If you’re eager to join the online trading community and make a mark on the industry, Profit.ly has the right amount of resources to get you started. The platform has three membership levels, each designed for traders at different levels. Let’s look at what the three are and how much they will cost you.
The Novice package is Profit.ly’s entry-level plan designed especially for people who are brand new to the world of trading. As you sign up for this package, you will be immediately offered a range of strong and indispensable trading tools, each of which is essential to keep your fingers on what we can describe as a cutthroat procedure in its own.
The list of features you can do using Profit.ly’s Novice package include the capability to check trades and track profits and follow-up, leading and even chatting with your fellow traders, as well as leaving feedback on today’s trades. It also allows you to be on leaderboards; analyze, sort, and filter your trades and, lastly, view other’s stats.
The Novice plan is $29.95 per month. While it may look attractive for the price alone but there’s a disadvantage. It isn’t possible to create a private account, making your personal information public. If you do want to gain an account with this option, stay tuned as we introduce to you Profit.ly’s next plan.
The Trader Plan
The Trader package lets users to benefit from many of the features of the Novice plan. In this plan, that you can set up a private profile for sharing with fellow associate users all your knowledge and information you have gained from trader’s community.
The price is $49.95/month, Profit.ly’s Trader plan is exactly what it says caters to those who desire to harness their skills in trading. As nice as it seems, there is one significant feature that is missing. As opposed to the prior Novice package, this one won’t be able view the statistics of other traders, which could be a disadvantage for some who may be anticipating this level. Most Volatile Penny Stock
The Pro plan is the most expensive plan Profit.ly offers to experienced traders. At $74.95 each month and 22% off when billed annually This plan offers everything. It gives you full, unlimited access to all features from the two previous plans.
You’re not only able to view other people’s stats, but you’re also given the opportunity to create an individual profile. Both of these features, in addition to the benefits that you can use to their fullest capacity. If you’re looking for an option that gives you with everything you require as a skilled trader, maybe the Pro tier could be the right choice for you!
Profit.ly’s Other Services
In addition to 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 choose from a wide array of video products created to help you understand the ins and outs of trading. Each of the offerings listed in this section of the site can be bought immediately for your personal use. Among these products include best-sellers like the “Trading Tickers” series by trader professional Tim Grittani, Timothy Sykes’s library of DVDs and streaming-only content about penny stocking, short stocking, and other aspects of trading. There are also clips and footage from The Annual Pennystocking Conference, and products from other expert traders.
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The integrated chat rooms are included in Profit.ly’s array of services and features. You are probably familiar with the concept of chat rooms since you can find it throughout social and messaging platforms, as well as some specialty websites that offer live chat support. But in Profit.ly it’s seen as a space where experts and their members trade and learn in real time. Every guru has their own way when it comes to running their chat room and in dealing with the members. One of them may be a laid-back person who is less active, while another may be more online and communicative with their students. Think of chat rooms like Profit.ly’s version of the forum, in the essence.
Who is the ideal Trader for Profit.ly?
Profit.ly’s variety of offerings and features cater to the wide range of stock traders, from beginners to experienced pros. Given the wide range of options it has to offer this platform definitely has something for every person.
Beginners, for instance, will enjoy Profit.ly’s library of learning materials available across the platform. They will also be provided with videos every week and chat room tips from the in-house experts and members. They’ll also be able to choose from the items on its store online that they can take with them wherever they go. You can also get hands-on experiences from trading within the platform, but ultimately, they will soon learn that trading is a risky game that shouldn’t be treated as an opportunity to make fun of.
For those traders who have had many years of experience down the line, we believe Profit.ly as equally as suitable to the newcomers. Although the novices might not be as well-equipped with handling trading matters but the experts already know the way it functions and the risky mix associated with it. In the ideal scenario, they can utilize Profit.ly’s range of features to their full advantage to enhance their skills in trading. Like novices, they can learn from the experts as well as experts, and take advantage of simple tips and hints along the way.
Profit.ly’s “all-inclusive” nature doesn’t just apply to newbies as well as semi-seasoned traders. Certified experts can also take part in the excitement! Those in the trading industry who are on similar levels to Superman and Tim Sykes can also use up Profit.ly’s abilities to show off their skill to others as a way to help guide them through the ever-illustrious trading process. Most Volatile Penny Stock
Profit.ly’s Pros and Pros and
- Profit.ly’s many capabilities as a “one-stop” stock trading platform allows traders across the globe with an abundance of knowledge communications, trading, and communication tools
- You will be provided with excellent lessons and advice from the company’s inside experts, as well as libraries of educational videos and real-time trading activities
- You’re assured of transparency throughout Profit.ly by using accurate data as well as other traders that are waiting to reach you out if something occurs.
- The platform’s leaderboard feature gives you the chance to establish your reputation as a reliable and dependable trader
- In addition to its primary features, Profit.ly also gives its customers additional options to meet their individual preferences, for instance, posting unauthentic trades via images
- Profit.ly’s diverse range of subscription levels and guru packages are priced at a reasonable cost There’s something for all
- Profit.ly’s numerous packages and services offered could seem overwhelming for most of its customers
- As traders may opt to make any type of trade, there’s a possibility that some of them may take advantage by selecting the best trades in order to increase the rating this could be a problem that shouldn’t be overlooked.
- Profit.ly does not accept refunds because the premium customers are expected to immediately benefit from the number of features the platform is able to provide
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The Final Verdict The Final Verdict: Is Profit.ly Worth It?
If we could think of an appropriate answer for this query, it would be yes. However, you must realize that this platform shouldn’t be viewed as a quick-fix scheme to make money. It wasn’t intended to be created for this reason. Instead, you should have the ability to think with an open heart. Most Volatile Penny Stock
What we are referring to”yes” is it is a fantastic learning tool. For those who are struggling, they may discover Profit.ly’s array of resources to be helpful in their efforts to incur lesser losses and perform better than they did before. It’s not only the struggling traders who will benefit from the platform. It is able to accommodate novices and even experts in the field!
If you really care about being better at trading and wish to learn from your fellows and gurus along the way, then you should look no further than Profit.ly. Profit.ly may be a great choice to start.
FAQ Most Volatile Penny Stock
What are the best ways to use Profit.ly to publish your trades?
Profit.ly offers an entry section for trades under the My Trade’ category of the dashboard that lets you record your trades, either verified or otherwise. There are three choices:
- Connecting your account to your broker of choice and import the trades from that directly
- Manually inputting your trades with the spaces provided and details
- Send a screen shot of your trades
How do I know whether the trade is authentic or not?
If you import your trade from a reputable brokerage, there is an excellent likelihood that it can be verified. This is evident by the small blue check. If you post it manually or through images, it will be assigned as unverified.
The disadvantage of an unauthentic trade is the risk of receiving downvotes from colleagues. Too many downvotes may result in you appearing on the Madoff leaderboard, where users can detect who’s being untruthful in submitting trades.
Are the Profit.ly mobile app still available?
As of this writing, Profit.ly is still available to download from the Apple App Store and the Google Play store. The mobile version of the app works with all operating tablets and smartphones.
How many people are currently connected to Profit.ly?
Profit.ly is currently home to over 150,000 traders and investors, because they are not just looking to earn maximum profits but also to help one another develop and grow in their ability to take advantage of opportunities on the stock market left and right.