Stock trading can be a high-stakes game. Some days, you might have the benefit of positive and satisfying numbers. On other days it could be the reverse and it could be extremely difficult to get back to where you were at your peak. If you’re always in the mud, you will have to recognize that relying on your instincts and preserving might not be enough.
If you’ve been incurring losses from time to time You’ll need sound advice from tried-and-tested trading experts. You’re also gonna need an important boost from colleagues in the market from all over the globe. That’s why we’ve discovered an online platform that will help you in your growth in the industry. In this review, we’ll be taking 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 P P P Pick Up A Penguin Lyrics
Value: 4.1/5
Quality: 4.1/5
Costs: 4.1/5
The User’s Experience 4.5/5
Summary
Profit.ly can be described as an online platform for trading that enables traders of various levels to be informative, transparent, accountable, and encouraging each other by offering a wide array of tools and features including trade verification, chat rooms as well as an extensive library of educational content.
What is Profit.ly?
Profit.ly is a trading site which serves as a learning and education platform for those who are starting out and also as a platform for traders with experience to keep track of their performance through the use of advanced analytics tools. Providing users with a wide range of resources for trade and communication and letting traders from all walks of life connect with each other. It also allows gurus to make worthwhile investments within the confines that the site. Think of it as the social media equivalent to Facebook and Reddit but with a focus on professionals and traders.
Profit.ly independently verifies trade performances and posts all the data from them in the form of leaderboards. The trading platform is built on trust and transparency. it makes sure that transactions are legitimate and will not accept fake news as long as is humanly possible. It was founded many years ago by penny stock trade expert and investment expert Timothy Sykes, along with fellow expert Michael Mosseri.
In an appearance in Forbes magazine Sykes said 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 goals: 1.) keeping track of public data for all traders, not just the gurus and students and newsletter writers and secondly) giving everyone on the platform to learn from the losses and wins to benefit the industry of trading. P P P Pick Up A Penguin Lyrics
How Does It How Does It
Profit.ly is a subscription-based platform that lets stock traders have access to a range of services and features geared toward achievement. It is possible to create an account on the site at no cost, however you’re limited to the capability to browse the leaderboards and monitor the activities of non-gurus. If you’re looking to invest your money in order to find out which stocks the gurus are trading in real-time, you will need to join one of Profit.ly’s offerings that we’ll discuss in the near future.
Setting up an account is easy: create an account with your experience and skills, join your brokerage account, and you’ll be given a chance to shoot your way to high on the leaderboard. Profit.ly’s leaderboard feature, as we’ve mentioned earlier it is designed to provide its users a look at the performance of the trading community as well as its experts. You’re not just allowed to show that you’re worthy to the community of traders. You are also able to use Profit.ly to shop with a guru, and have the assurance that you’re confident of their knowledge and the legitimacy of their claims.
If you feel uneasy with the idea of divulging your brokerage account, you can opt to post your trades, verified or otherwise, through photographs. In Profit.ly are the vast number of trading courses and the capability to see stats in a trader’s profile as well as other ways to connect with your gurus in the chatroom, in addition to 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 is famously known for his efforts in trades in penny stocks. According to Investopedia the term “penny stock” is a small business’s stock that trades for under $5 for each share. The penny stock market can be seen as a stepping stone for small businesses to transition to a market that is larger as it gives them access to capital from the general public. However, don’t get it wrong – it’s also an extremely risky game, as Sykes can surely tell thanks to his years of experience.
From his beginnings in his late years in high school, Tim Sykes has, since then, earned over $6 million of profit through his lengthy career as trader. At the age of 25 Sykes was given greater exposure and an even wider influence over time when he was a part of the reality show “Wall Street Warriors.” He used the opportunity to establish trading rooms and penny stock themes as well as educational content targeted at people who are brand new to the trading field. He also played a role in establishing Profit.ly as a place for transparency, and for the community to uplift and compete against each other through the platform.
The Profit.ly Gurus
One of Profit.ly’s most appealing features is the variety of education tools, trade alerts and other helpful stuff provided by the in-house experts of the platform. The gurus in question refer to the experts in trading who have made substantial amounts of money through their years of experience. P P P Pick Up A Penguin Lyrics
At its height, Profit.ly had housed up to five gurus, all of them a pro within their particular field in the field of trading. Some of the most prominent experts were Connor Bruggermann, Nathan Michaud of Investors Underground, and Triforce among others. At the time of writing, however, 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. With that taken into consideration, let’s take a look at the packages each guru has to offer.
From Tim Sykes: Tim’s Alerts
Sykes provides a basic stock trading service with the main priority being penny-priced day trading with Tim’s Alerts. Costing $74.95 for a month you’ll be able to see him focus on the basic stock catalysts and employ them to forecast 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 and a daily stock watchlist.
Tim Sykes: From Tim Sykes: The Pennystocking Silver Package
Pennystocking Silver is the most premium version that has been upgraded of the Tim’s Alerts program. Priced at $149.95 monthly, it is an ideal plan for investors who are involved in investing in penny stocks. Pennystocking Silver offers all the essential 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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In “Superman” Paul Scolardi: Superman Alerts
Scolardi who is known under the name “Superman,” is a swing trading professional with an eye for tiny-cap massive stocks as well as wildly accurate marketing forecasts. In the time since the time he started trading, Superman has amassed over $5.5 million in trading earnings. P P P Pick Up A Penguin Lyrics
The Superman Alerts plan is an offering of essential features and trading alerts geared towards those who might be interested. For $147 per month, you’ll gain access to the daily premarket stock watchlist and the mobile app, daily market commentary shown in real-time, as well as SMS and e-mail alerts.
From “Superman” Paul Scolardi: Superman Pro
For the price of $247, you receive additional features and access to a knowledgeable base that is provided by Superman himself, via Superman Pro. Superman Pro package. Alongside the standard features featured in the Alerts plan, Superman Pro gives you daily video lessons, which include the growing collection of previous lessons. On top of that you’ll also have the ability to access premium reports on research as well as an IPO as well as earnings tracking tool.
Profit.ly Programs and Costs
If you’re looking to join the trading community on the internet and make a mark on the field, Profit.ly has the right amount of resources to get you going. The platform has three membership tiers that cater to traders with different levels. Let’s look at what the three levels are and what they will 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 plan you’ll be given a slew of robust and indispensable trading tools, all one of them essential in keeping your fingers on what could call a ruthless procedure in its own.
Some of the features you can accomplish with Profit.ly’s Novice package include the ability to confirm trades and track profits as well as leading, following, and even messaging your fellow traders; and giving feedback on the trades of today. It also allows you to be onto leaderboards; study, sort, and filter your trades and, lastly, view the statistics of other traders.
The Novice plan costs $29.95 per month. While it may look attractive for the price alone however, there’s a drawback. You aren’t able to create a personal profile, which makes your activities publicly available. If you do want to have access to this feature, you should be watching for us to introduce to you Profit.ly’s next strategy.
Trader Plan
The Trader package allows you to use a majority of features from the novice plan. In this plan, that you can create a private profile to share with other associate users all the insights and knowledge you gain from this trading group.
The price is $49.95/month, Profit.ly’s Trader plan is exactly what it says: Cater for those looking to develop their trading skills. While it’s nice however, there’s a crucial aspect that’s not included. Unlike the previous Novice package, you won’t be able view the statistics of other traders this could be a disadvantage for those looking forward to this tier. P P P Pick Up A Penguin Lyrics
Pro Plan
The Professional plan can be described as the most luxurious package Profit.ly could offer for seasoned traders. It costs $74.95 monthly, and a 22% discount for annual billing the Pro plan has everything. It gives you full, unlimited access to all the features from the two prior plans.
You’re not only able to see other users’ stats and data, but you also have the opportunity to create a private profile. These two features are in addition to the advantages that you can utilize to the fullest potential. If you’re in search of an account that will give all the features you need to be a skilled trader, maybe the Pro level is the right choice for you!
Profit.ly’s Other Services
Apart from the provided training tools and the leadersboards Profit.ly provides a variety of other services they provide. One of these is its online store, where customers can choose from a wide array of video products designed to inform and help you understand the ins and outs of trading. The products listed on this page of the website is available to be purchased immediately for personal use. Among these products include best-sellers such as the “Trading Tickers” series from trading professional Tim Grittani, Timothy Sykes’s collection of DVDs and streaming-only content related to penny stocking, short stocking, and other aspects of trading. There are also clips and clips from The Annual Pennystocking Conference, and products from other expert traders.
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Chat rooms integrated into Profit.ly are as well part of Profit.ly’s range of features and services. You may be familiar with the concept of the chat room since you can find it throughout messaging and social platforms, in addition to a few special websites that offer live chat assistance. But in Profit.ly the chat room is viewed as a hands-on place where gurus and their members trade and exchange knowledge in real-time. Each guru has their style in operating their chat room and in dealing with the members there. Some may be laid back and not very often engaged, while another could be more online and communicative in their interactions with students. Think of chatrooms as Profit.ly’s version of a forum, in essence.
Who is the best trader to Profit.ly?
Profit.ly’s variety of offerings and features cater to the wide range of stock trader types, from novices to the most experienced. Given the wide range of options it offers this platform definitely has something for every person.
Newbies, for instance, can take advantage of Profit.ly’s knowledge-based content offered throughout the platform. Not only will they be enriched with weekly videos and chat room tips by its internal gurus and members. Additionally, they can pick from the merchandise available from its online store to carry with them wherever they be. You can also get hands-on experience trading on the platform, but ultimately they’ll realize that trading is a risky game that should not be viewed as an opportunity to make fun of.
For traders who have decades of experience in the road, we consider Profit.ly equally suited to them as those who are just starting. While the newbies may not be as proficient in dealing with trading issues but the experts already know how it works along with the stack full of risks associated with it. In the ideal scenario, they can use Profit.ly’s array of features to their full advantage to develop their trading skills. Like beginners, they can learn from the top experts and experts , and use 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 enjoyment! Trade professionals who are at an equal level with Superman or Tim Sykes can also use Profit.ly’s capabilities. Profit.ly’s capabilities to display their skills to others as a way to navigate them through the ever-changing trading process. P P P Pick Up A Penguin Lyrics
Profit.ly’s Pros and Pros and
The Pros
- Profit.ly’s numerous 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 get to be provided with excellent lessons and insights from its inside experts, as well as video libraries that teach you how to learn and live trading activity.
- You can be sure of complete transparency through Profit.ly by using accurate data as well as other traders ready to call you when something goes wrong.
- The leaderboard feature on the platform gives you the opportunity to increase your credibility as a trustworthy and authentic trader
- In addition to its primary capabilities, Profit.ly also gives its customers additional options to meet their individual preferences, for instance, posting unverifiable trades through images
- Profit.ly’s wide array of subscription levels and guru packages are priced at affordable rates – there truly is something for all
The Cons
- Profit.ly’s numerous packages and products offered may seem overwhelming for the majority of its users
- As traders may opt to open any kind of trade, there’s a possibility that some of them may take advantage by picking the most profitable trades to boost their rating This could be a risk that shouldn’t be overlooked.
- Profit.ly does not accept refunds as the premium customers are expected to immediately benefit from the many features the platform is able to provide
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The Final Concluding Question The Final Verdict: Is Profit.ly Valued?
If we were able to come up with an answer to this question, it’s a ‘yes’. However, you must realize that the platform should not be used as a get-rich-quick scheme. It wasn’t designed to be used in this way. Instead, you need to have curiosity. P P P Pick Up A Penguin Lyrics
What we do mean”yes” is it can be a great learning tool. People who are stuck may find Profit.ly’s variety of resources useful as they do their best to avoid losses and be more successful than before. Not only poor traders that can benefit from this platform. It is able to accommodate novices and even experts!
If you truly desire to be better at trading and wish to be taught by your fellows and gurus throughout the process, then look no further – Profit.ly is a fantastic alternative to start.
FAQ P P P Pick Up A Penguin Lyrics
How can you make use of Profit.ly to post your trades?
Profit.ly includes a trade entry portion in the “My Trade section of the dashboard which lets you record your trades, verifiable or not. There are three options:
- Linking your account with your brokerage of choice and importing trades directly from there
- Manually inputting your trades with specified spaces and information.
- Upload a screenshot of your transactions
What can I do to determine whether the trade is authentic or not?
If you buy your trade from a trusted brokerage, there’s the probability that it’s verifiable. This is indicated with the blue check mark. If you post it manually or through images, it will be classified as unverified.
The disadvantage of an unauthenticated trade is the possibility of getting downvotes from your friends and colleagues. If you receive too many negative votes, it could cause you to be listed on the Madoff leaderboard, where users can see who’s untruthful in submitting trades.
Is the Profit.ly mobile application still available?
At the time of writing, Profit.ly is still available for download on the Apple App Store and the Google Play store. The mobile app version is compatible with most functioning tablets and smartphones.
How many people are currently on Profit.ly?
Profit.ly is currently home to over 150,000 traders and investors, since they’re not just seeking to make the most profit but also help each other learn and improve in acquiring opportunities on the stock market left and right.
