The stock market can be an extremely risky game. On some days, you could enjoy the benefits of positive and satisfying numbers. On other days you may experience the opposite, and it may sometimes be extremely difficult to return to where you were at your most productive. If you find yourself immersed in the water, you will have to recognize that relying on instinct and survival may not always be enough.
If you’ve suffered loss from time to time You’ll need sound advice from tried-and-tested trading experts. Additionally, you’ll require an enormous boost from your trading partners from all over the world, which is why we’ve discovered a platform that can support you in your improvement in the industry. We’ll be taking the time to look at Profit.ly is a well-known 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.
Overall Rating: 4.1/5 Next Big Penny Stock To Buy
The User’s Experience 4.5/5
Profit.ly is an online trading platform that allows traders of various levels to be informative responsible, transparent, and to build relationships with each other through its broad array of tools and features such as chat rooms, trade verification and a rich library of educational material.
How do I define Profit.ly?
Profit.ly is a site for trading that serves both as a learning and education platform for people new to trading and also as a platform for traders with experience to keep track of their performance using the aid 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 each other. It offers gurus with worthwhile investments within the confines that the site. Consider it an online social media platform similar to Facebook and Reddit but with a focus on professionals and traders.
Profit.ly independently validates trade performance and publishes all data from them in the style of leaderboards. The platform for trading is built on honesty and transparency: it guarantees that the trades are authentic and won’t allow for fraud as much as possible. It was established years ago by the penny expert in stock trading and investment expert Timothy Sykes, along with his colleague Michael Mosseri.
One time , during an appearance in Forbes magazine, Sykes declared that Profit.ly was driven by its focus “on the transparency of every trade, something that was never done before.” The concept was, he said, serving two objectives: one) keeping track of public data for all traders, not just the gurus, but also the newsletter authors and students, and 2) giving anyone on the platform to be enlightened by the losses and wins to the benefit of the trading industry. Next Big Penny Stock To Buy
How Does It Perform?
Profit.ly is a subscription-based platform that allows stock traders to benefit from a variety of services and features geared toward success. It is possible to create an account there at no cost, however you’re only limited to having access to the leaderboard and follow the activities of people who aren’t gurus. If you’re ready to invest your money in order to find out which stocks the gurus are trading in real-time it is necessary 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 a profile with your experiences and knowledge, then connect to your brokerage account, and you’ll have an opportunity to make through at the very top of the list. Profit.ly’s leaders’ board feature as mentioned previously, is designed to give its users an insight into their performance as a trading group as well as its experts. You’re not just allowed to prove your worth to a large group of traders, as you are also able to use Profit.ly to buy from a guru with the confidence that you are confident in their skills and the legitimacy of their assertions.
If you’re not comfortable with the concept of leaking information about your account with a brokerage, you can choose to publish your trades, either verified or not, by taking pictures. Included in Profit.ly are the vast number of trading classes, the ability to view stats in a trader’s profile and other methods to connect with your gurus via chatrooms in addition to text and e-mail alerts and updates.
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Meet Tim Sykes, the founder: Tim Sykes
Timothy Sykes is a well-renowned day trader who has been famously known for his involvement in trades in penny stocks. According to Investopedia Penny stock refers to a small-sized company’s shares that trade for just less than 5 cents per share. Penny stock trading could be viewed as a stepping stone for small companies to move into a larger market because it allows them to access money from the public. However, don’t get it wrong – it can also be an extremely risky activity, as Sykes will be able to tell you thanks to his years of expertise.
Since his initial beginnings at the end of his time in High School, Tim Sykes has, since then, earned over $6 million of profits through his lengthy career as trading professional. At 25 years old Tim Sykes had received greater exposure and an even wider influence over time as a participant in the reality show “Wall Street Warriors.” He used the opportunity to establish trading rooms, penny stock themes, and educational material aimed at those who are new to trading. He also helped establish Profit.ly as a platform for transparency, and to allow the community to rise and compete against each other on the platform.
The Profit.ly Gurus
One of Profit.ly’s most appealing features is the wide range of educational sources, trade alerts as well as other useful information provided by the company’s internal gurus. The gurus in question refer to the trading experts who have earned substantial profits from their combined years of expertise. Next Big Penny Stock To Buy
At its peak, Profit.ly had housed up to five gurus, all of them a pro within their particular field within the world of trading. Some of the most famous experts were Connor Bruggermann, Nathan Michaud of Investors Underground, and Triforce as well as a handful of others. As of this writing, only two gurus remain on the platform: the founder as well as penny-stock trader Tim Sykes and veteran smallcap swing trader Paul Scolardi, also known as Superman. When we take that into account, let’s take a look at what packaged deals each guru can offer.
From Tim Sykes Tim Sykes: Tim’s Alerts
Sykes offers basic stock trading services with the main priority being 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 fundamental stock catalysts and use them to predict the next moves that could occur when trading.
A single purchase from Tim’s Alerts will get you access to the chatroom, as well as the mobile application that is available for 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 highest-quality version, with an upgraded version of Tim’s Alerts program. Priced at $149.95 per month, it is an ideal plan for those who are more involved in the penny-stock market. Pennystocking Silver offers all the essential features found in the previous plan, including swing trading alerts as well as unlimited access to a collection of more than 7,000 educational videos and new videos released every week.
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From “Superman” Paul Scolardi: Superman Alerts
Scolardi who goes under the name “Superman,” is a swing trading professional with an eye for both massive stocks of the small-cap size and insanely accurate marketing forecasts. Since he began as a trader, Superman has amassed over $5.5 million in trading earnings. Next Big Penny Stock To Buy
The Superman Alerts package is his offering of essential features and trading alerts targeted towards those who might be interested. For $147/month, you’ll get access daily premarket stock watchlist and 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, as well as access to a knowledgeable base provided by Superman himself through his Superman Pro package. In addition to the basic features that are included in the Alerts plan, Superman Pro gives you weekly video lessons, including the growing collection of the previous ones. On top of that, you’ll also get the ability to access premium reports on research as well as an IPO or earnings monitor.
Profit.ly plans and costs
If you’re looking to join the world of online trading and leave your mark on the field, Profit.ly has the right amount of tools to get you up and running. The platform has three membership levels, each designed for traders at different levels. Let’s break down what these three are and how much they will cost you.
The Novice package is Profit.ly’s beginning-of-the-line plan specifically for those who are just beginning their journey to the trading community. As you sign up for this package, you will be immediately offered a range of strong and vital trading tools, each of which is essential to keep your fingers on what call a competitive process in and of itself.
Among the list of things you can accomplish with Profit.ly’s Novice package include the capability to check trades and track profits; leading, following and even chatting with other traders; and leaving feedback on today’s trades. You can also get onto leaderboards; study, sort, and filter your trades; and, lastly, view the statistics of other traders.
The Novice plan is $29.95 per month. Although it might look appealing simply because of the price however, there’s a drawback. You can’t create a private profile, which makes your personal information public. If you’re looking to get the benefit of this service, stay tuned as we introduce to you Profit.ly’s new plan.
The Trader plan allows users to benefit from a majority of features from The Novice package. In this plan, that you can create an individual profile that allows you to share with fellow associate users all the insights and intel in this trading group.
The price is $49.95/month, Profit.ly’s Trader plan will do what the name implies: Cater to those who desire to harness their expertise in trading. Although it’s a nice thing, there is one significant element that’s missing. As opposed to the prior Novice package, you will not be able to see the statistics of other traders that could be a disadvantage for those who are looking forward to this tier. Next Big Penny Stock To Buy
This is by far the most premium package that Profit.ly can offer to experienced traders. At $74.95 each month with a 22% discount when billed annually, this tier has it all. It gives you full, unlimited access to all the features of the previous plans.
Not only do you get to look at other people’s statistics and data, but you also have the opportunity to create an individual profile. Both of these features, plus the other benefits that you can use to their fullest capacity. If you’re looking for a plan that can serve all the features you need to be an experienced trader, the Pro plan is ideal for you!
Profit.ly’s Other Services
Apart from the provided trainer tools and leaderboards, Profit.ly has a few additional services that it can offer. One of them is the online store, which allows users to pick from a range of video products created to provide guidance on the nuances and pitfalls of trading. The products listed in this section of the website is available to be purchased immediately for personal use. These include best-selling products like”Trading Tickers,” the “Trading Tickers” series by trading professional Tim Grittani, Timothy Sykes’s collection of DVDs and streaming-only content related to short stocking, penny stocking, and other related to trading, videos and clips of events like 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 chat room since you can find it throughout 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 place where gurus and their members can interact and exchange knowledge in real-time. Every guru has their own style in operating their chat room and dealing with the listed members. One of them may be a laid-back person who is less engaged, while another could be more interactive and online to their pupils. Think of the chat rooms as Profit.ly’s version of a forum, in its essence.
Who is the best Trader for Profit.ly?
Profit.ly’s diverse range of products and features are geared towards an array of stock traders, from beginners to experienced pros. Given the wide range of options it offers it is certain to have something for all.
Newbies, for instance, will enjoy Profit.ly’s knowledge-based content offered throughout the platform. They will also get daily videos and chat room tips by its internal gurus and their members. They’ll also be able to choose from the items from its online store that they can take with them wherever they may travel. They can also gain hands-on experience trading on the platform, however, they will soon learn that the process is a risky game that should not be viewed as an opportunity to make fun of.
For the traders with decades of experience in the line, we believe Profit.ly equally suitable for them as it is for the newcomers. Although the novices might not be as adept at managing trading, the pros already understand the way it functions and the risky mix associated with it. It is ideal to use Profit.ly’s variety of options to their maximum advantage to enhance their trading skills. As beginners, they are able to learn from the experts as well as experts, and take advantage of short tips and tricks throughout the process.
Profit.ly’s ‘all-together’ nature does not only apply to beginners and semi-experienced traders. Certified experts can also take part in the excitement! Trade professionals who are at an equal level with Superman or Tim Sykes can also use Profit.ly’s capabilities. Profit.ly’s abilities to show off their expertise to other traders in order to assist them in the ever-changing trading process. Next Big Penny Stock To Buy
Profit.ly’s Pros and Cons
- Profit.ly’s diverse capabilities as a “one-stop” stock trading platform allows traders across the globe with a wealth of education tools, communication, and trading tools
- You get to receive excellent training and insights from its in-house gurus, including collections of educational videos as well as trading in real-time.
- You’re guaranteed transparency throughout Profit.ly with precise analytics and fellow traders ready to call you out if something occurs.
- The leaderboard feature of the platform offers you the opportunity to increase your credibility as a trustworthy and dependable trader
- Apart from its main features, Profit.ly also gives its users extra options to suit their preferences, such as posting unverifiable trades through photographs
- Profit.ly’s wide array of subscription levels and guru packages are priced at reasonable prices There is truly something for every person
- Profit.ly’s bountiful stream of products and packages offered might seem overwhelming for a lot of its users
- As traders may opt to make any type of trade, there’s the possibility that some of them will profit by cherry-picking the best trades to improve their ratings – this may be a problem that shouldn’t be simply overlooked
- Profit.ly does not accept refunds because the premium customers will immediately benefit from the number of services that the platform can 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’s yes. But you need to understand that this platform shouldn’t be viewed as a scheme to get rich quick. It wasn’t intended to be created for this reason. Instead, you need to have curiosity. Next Big Penny Stock To Buy
What we are referring to”yes” is that it is a fantastic learning tool. Those who may be stuck may find Profit.ly’s array of resources useful when they try their best to reduce loss and perform better than they did before. Not only struggling traders that will profit from the platform. It can accommodate beginners and even experts!
If you truly care about being better at trading and wish to learn from your mentors and peers on the way, you should look no further than Profit.ly. Profit.ly is a fantastic choice to start.
FAQ Next Big Penny Stock To Buy
What are the best ways to use Profit.ly to publish your trades?
Profit.ly includes an entry section for trades within the “My Trade’ category of the dashboard. It lets you post your trades that are verified or otherwise. There are three choices:
- Linking your account with your brokerage of choice and importing the trades from that directly
- Manually entering your trades using provided spaces and specifics
- Take a photo of your transactions
How can I tell whether the trade is authentic or not?
If you purchase your trade through a reliable brokerage, there’s the probability that it’s verifiable. This is evident by the blue check mark. If you post it manually or through screenshots, it will automatically be classified as unverified.
The drawback of posting an unauthenticated trade is the chance of receiving negative feedback from fellow peers. Too many downvotes may cause you to show up at the top of the Madoff leaderboard, where users can see who’s dishonest in posting trades.
Does the Profit.ly mobile app still in use?
As of the moment, Profit.ly is still available for download on the App Store for Apple and on the Google Play store. The mobile version of the app is compatible with the majority of working smartphones and tablets.
How many people are using 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 stock market opportunities all over the world.