The stock market can be an extremely risky game. On certain days, you might be reaping the benefits of positive and satisfying numbers. On other days, however you may experience the opposite and it could be very difficult to return to where you were your peak. If you find yourself constantly stuck in the gutter You will need to recognize that relying on instinct and survival might not be enough.
If you’ve suffered loss from time to time, you’re gonna be needing sound advice from tried-and-tested trading experts. Additionally, you’ll require an enormous boost from your trading partners from all over the globe. That’s why we’ve discovered a platform that can support you in your growth in the market. This review will be taking the time to look at Profit.ly A well-respected 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 Penny Silver Stock
User Experience: 4.5/5
Profit.ly offers an internet-based trading service that permits traders of different levels to be knowledgeable responsible, transparent, and encouraging each other by offering a wide variety of tools and features like trade verification, chat rooms as well as an extensive library of educational content.
How do I define Profit.ly?
Profit.ly is a site for trading which serves as a training and learning platform for those new to trading and also as a platform for experienced traders to track their performance using the aid of advanced analytics tools. Providing users with a wide array of options to facilitate trade and communication that help traders from every field of business connect with each other. It gives the gurus an opportunity to invest in the right areas that the site. Imagine it as a social media site akin to Facebook and Reddit however it is geared towards experts and traders.
Profit.ly independently checks the performance of trades and then publishes the information from them in the form of leaderboards. The platform’s trading model is based on trust and transparency. it guarantees that the trades are authentic and won’t accept fake news as long as possible. It was established many years ago by penny expert in stock trading and investment guru Timothy Sykes, along with his colleague Michael Mosseri.
One time during his interview for Forbes magazine Sykes declared that Profit.ly was based “on the transparency of all trades, something that has never been prior to.” The concept Sykes said served two purposes: 1) making public records for everyone, not just the experts, but also the newsletter authors and students as well as) allowing anyone on the platform to gain insight into the losses and wins to benefit the industry of trading. Penny Silver Stock
How Does It How Does It
Profit.ly follows a subscription-based model which allows stock traders to have access to a range of features and services aimed towards achieving success. You may set up an account on the site for free, but you’re only given access to the leaderboard and observe the actions of non-gurus. If you’re looking to invest your money in order to find out what stocks the experts are trading in real time You’ll need to sign up to one of Profit.ly’s offerings, which we will go over shortly.
The process of opening an account is easy: create an account that includes your personal information and expertise, connect to your brokerage account and you’ll have an opportunity to make your way to at the very top of the list. Profit.ly’s leaders’ board feature as we’ve mentioned earlier it is designed to provide its users a glimpse of how the community of traders performs as well as its gurus. You’re not just allowed to demonstrate value to a large group of traders, as you can also utilize Profit.ly to purchase from a guru with the assurance that you’re confident in their skills and the veracity of their claims.
If you are unsure about the idea of sharing your brokerage account, you can opt to post your trades, verified or not, via pictures. Also included in Profit.ly are a variety of trading courses, the ability to view statistics on a person’s profile as well as other ways to interact with your experts via chatrooms in addition to text and e-mail alerts and updates.
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Meet the Founder: Tim Sykes
Timothy Sykes is a well-renowned day trading guru who is famously known for his efforts in the penny-stock market. According to Investopedia Penny stock is a small business’s shares that trade for just less than 5 cents per share. The trading of penny stocks is an opportunity for small-scale businesses to make the transition to a market that is larger as it allows them to access funds from the general public. But don’t make the mistake of thinking that it’s also an extremely risky activity, as Sykes can surely tell through his many years of experience.
Beginning at the end of his time in High School, Tim Sykes has, since then, earned over $6 million of earnings through his lengthy career as a trader. At 25 years old Tim Sykes had received greater exposure and an even wider influence over time when he was a part of the reality show “Wall Street Warriors.” He then took advantage of it to establish trading rooms as well as penny stock themes and educational material aimed at people who are brand new to trading. He also helped to establish Profit.ly as a platform for openness, and to allow the community to rise and compete against each other on the platform.
The Profit.ly Gurus
One of Profit.ly’s amazing features is the wide range of learning sources, trade alerts and other helpful stuff provided by the in-house experts of the platform. Gurus are referred to the experts in trading who have earned significant amounts of profit from their combined years of expertise. Penny Silver Stock
At its peak, Profit.ly had housed up to five gurus, all of them an expert in their field of expertise 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 this platform: the founder of the penny stock market Tim Sykes and veteran smallcap swing trader Paul Scolardi, also known as Superman. In light of that Let’s look at the packaged offers each guru can offer.
From Tim Sykes Tim Sykes
Sykes offers basic stock trading services with the main priority being penny stock day trading through Tim’s Alerts. Costing $74.95 monthly, you will be able to see him concentrate on the fundamental catalysts for stocks and utilize them to anticipate the next possible moves in making trades.
A standalone purchase in Tim’s Alerts will get you access to the chatroom and the mobile application that is available on iOS as well as Android devices; texts, emails, and push alerts; as well as a daily watchlist of stocks.
Tim Sykes: From Tim Sykes: The Pennystocking Silver Package
Pennystocking Silver is the highest-quality, upgraded version of the Tim’s Alerts program. Priced at $149.95 monthly, it is an ideal plan for those who are committed to the penny-stock market. Pennystocking Silver comes with all the standard features of prior plans, including alerts for swing trading and access to an extensive collection of more than 7,000 educational videos that are updated weekly.
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The following video is from “Superman” Paul Scolardi: Superman Alerts
Scolardi, who goes by the name “Superman,” is a swing trading professional with an eye for massive stocks of the small-cap size and insanely accurate marketing forecasts. Through the years since he began as a trader, Superman has amassed over $5.5 million in total trading profits. Penny Silver Stock
The Superman Alerts package is his package of vital features and trading alerts geared to those interested. For just $147 per month, you’ll have access to the daily stock watchlist that is premarket along with the mobile app, the daily market commentary in real-time, as well as email and SMS alerts.
The film “Superman” Paul Scolardi: Superman Pro
For the price of $247, you receive additional features, plus access to an extensive base of knowledge provided by Superman himself, via Superman Pro. Superman Pro package. Alongside the standard features that are included in the Alerts plan, Superman Pro gives you daily video lessons, which include an ever-growing library of other previous ones. Additionally you’ll also gain the ability to access premium reports on research as well as the IPO or earnings monitor.
Profit.ly Programs and Costs
If you’re ready to join the trading community on the internet and leave a mark in the field, Profit.ly has the right amount of resources to help you going. The platform has three membership levels that are designed to accommodate traders of different levels. Let’s look at what the three levels are and what they’ll cost you.
The package called Novice 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 to this plan you’ll be offered a range of strong and indispensable trading tools, all of them integral in keeping your fingers on what we can describe as a cutthroat process by itself.
The list of features you can accomplish with Profit.ly’s Novice program is the capability to check the results of your trades and track profit; leading, following, and even messaging other traders; and leaving feedback on today’s trades. It also allows you to be on leaderboards, analyze, sort, as well as filter trades; and, finally, see other people’s statistics.
The Novice plan costs $29.95 per monthly payment. While it may look attractive for the price alone, there is a downside. You can’t create a private profile, thus making your actions public. If you’re interested in gain access to this feature, stay tuned as we introduce to you Profit.ly’s next plan.
The Trader Plan
The Trader package allows users to benefit from many of the features of The Novice package. It is in this plan that you can create an account that is private to share with other associate users all the insights and intel in the trading community.
Priced at $49.95/month, Profit.ly’s Trader plan is exactly what it says: Cater people who want to harness their trading skills. As nice as it seems, there is one significant feature that is missing. Unlike the previous Novice package, you won’t be able to see other traders’ statistics that could be a problem for some who may be looking forward to this tier. Penny Silver Stock
This is by far the highest expensive plan Profit.ly can offer to experienced traders. It costs $74.95 per month, with an additional 22% discount for annual billing, this tier has everything. It gives you full, unlimited access to all the options of the prior plans.
In addition, you’ll be able to view other people’s stats and data, but you also have the option of creating an individual profile. Both of these features, plus the other advantages that you can utilize to their fullest capacity. If you’re looking for an option that gives all the features you need to be trader with experience, the Pro tier could be the right choice for you!
Profit.ly’s Other Services
Apart from the training tools and the Leaderboards Profit.ly provides a variety of other services they offer. One of those is its online store, where customers can select from a variety of videos that are designed to educate and guide you through the nuances and pitfalls of trading. Each of the offerings listed in this section of the website can be immediately purchased for personal use. Some of these include bestsellers such as”Trading Tickers, “Trading Tickers” series by trading expert Tim Grittani, Timothy Sykes’s collection of DVDs, streaming-only content related to short stocking, penny stocking, and all other things trading-related, clips and scenes from events like the Annual Pennystocking Conference, and items from other experts in trading.
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Chat rooms integrated into Profit.ly are included in Profit.ly’s variety of features and services. You may be familiar with the chat room since you can see it across social and messaging 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. Every guru has their own style in operating their chat room and dealing with the members there. One of them may be a laid-back person who is rarely active, while another might be more online and communicative to their pupils. Consider chatrooms as Profit.ly’s version of a forum, in essence.
Who is the best Trader for Profit.ly?
Profit.ly’s wide range of products and features caters to the wide range of stock trader types, from beginners to experienced pros. 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. Not only will they get daily videos and chat room tips by its internal gurus and members. They’ll also be able select from the products in its online store for them to take wherever they may go. You can also get hands-on experiences by trading through the platform, but ultimately, they will soon learn that the process is a high-stakes game that shouldn’t be taken as an opportunity to make fun of.
For the traders with years of exposure down the line, we see Profit.ly equally suited to the newcomers. While the newbies may not be as proficient in handling trading matters, the pros already understand how it works and the plethora of risks associated with it. It is ideal to utilize Profit.ly’s range of options to their maximum advantage to enhance their trading abilities. Like novices, they can learn from the experts and experts and utilize those quick tips and tidbits along the way.
Profit.ly’s “all-inclusive” nature doesn’t just apply to newbies as well as semi-seasoned traders. Experts who have been verified can also participate in the excitement! People in the trade industry who are at an equal level with Superman or Tim Sykes can also use the power of Profit.ly’s abilities to show off their expertise to other traders in order to assist them in the ever-changing trading process. Penny Silver Stock
Profit.ly’s Pros and Cons
- 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 get to receive excellent training and advice from the company’s 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 with accurate analytics as well as other traders ready to call you when something goes wrong.
- The leaderboard feature of the platform offers you the chance to establish your reputation as a reliable and verifiable trader
- In addition to its primary features, Profit.ly also gives its customers extra options that can be tailored to their needs, like posting unauthentic trades via images
- Profit.ly’s wide array of packages and subscription levels are priced at reasonable prices There is truly something for all
- Profit.ly’s abundance of packages and services offered could seem overwhelming for a lot of its customers
- As traders may opt to post any kind of trade, there’s an opportunity that some them could profit from selecting the best trades in order to increase the rating This could be a risk that shouldn’t be simply overlooked
- Profit.ly does not offer refunds because its premium users will immediately take advantage of the numerous services the platform has to provide
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The Final Verdict: Is Profit.ly Valued?
If we could come up with the answer, it’s a ‘yes’. But you need to understand that the platform should not be used as a quick-fix scheme to make money. The platform was not always intended to be created for this reason. Instead, it is best to keep an open mind. Penny Silver Stock
What we do mean by ‘yes’ is that it is a fantastic learning tool. People who are stuck might discover Profit.ly’s array of resources useful when they try their best to reduce losses and perform better than before. It’s not just the struggling traders that will benefit from this platform. It will be able to accommodate beginners as well as even experts!
If you truly care about being a better trader and want to learn from your peers and experts throughout the process, then take a look at Profit.ly. Profit.ly could be a good option to begin.
FAQ Penny Silver Stock
How do you use Profit.ly to publish your trades?
Profit.ly includes a trade entry portion under the My Trade’ category of the dashboard. It lets you post your trades, verifiable or otherwise. There are three options:
- Linking your account to the brokerage of choice and importing trades directly from there
- Manually inputting your trades with specified spaces and information.
- Send a screen shot of your transactions
How can I tell whether the trade is authentic or not?
If you buy your trade through a reliable brokerage, there is an excellent likelihood that it can be verified. This is evident by the blue check mark. If you upload the information manually or via images, it will be classified as unverified.
The downside of having an unauthentic trade is the risk of receiving negative feedback from fellow peers. If you receive too many negative votes, it could result in you appearing at the top of the Madoff leaderboard, which is where the public can see who’s untruthful in submitting trades.
Are the Profit.ly mobile application still available?
As of this writing, Profit.ly is still available to download via the Apple App Store and in the Google Play store. The mobile version of the app works with all operating tablets and smartphones.
How many people are currently on Profit.ly?
Profit.ly currently houses over 150,000 investors and traders, as they not only are looking to earn maximum profits but also assist each other to develop and grow in their ability to take advantage of opportunities in the stock market all over the world.