Stock trading can be an exciting game with high stakes. On certain days, you might be reaping the benefits of pleasing and positive numbers. On other days, however, the opposite may happen and it could be extremely difficult to return to the point you were at your best. If you’re always in the mud You will need to recognize that relying on instinct and survival is not always enough.
If you’ve been incurring loss from time to time, you’re gonna be needing reliable advice from tested and tried trading experts. You’re also gonna need an enormous boost from your fellow traders from around the world, which is why we’ve discovered a platform that can support you in your improvement within the field. We’ll take a look at Profit.ly, a well-recognized 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.
Overall Rating: 4.1/5 Penny Stock About To Explode
The User’s Experience 4.5/5
Profit.ly can be described as an online platform for trading that enables traders of all levels to be informative responsible, transparent, and encouraging one another through its wide range of features and tools including chat rooms, trade verification and a rich library of educational material.
What exactly is Profit.ly?
Profit.ly is a site for trading that serves both as a training and learning platform for those who are starting out and as a hub for experienced traders to track their performance through the use of cutting-edge analytics tools. It provides users with a vast variety of tools for communication and trade that help traders from every field of business connect with one another. It gives the gurus an opportunity to invest in the right areas of this platform. Imagine it as the social media equivalent like Facebook and Reddit, but for professionals and traders.
Profit.ly independently validates trade performance and then publishes the information of them in the manner of leaderboards. The platform for trading is built on transparency and honesty: it guarantees that the transactions are legitimate and will not allow for fraud as much as possible. It was created years ago by the penny expert in stock trading and investment guru Timothy Sykes, along with the other expert Michael Mosseri.
In an interview with Forbes publication, Sykes said that Profit.ly was driven by its focus “on the transparency of every trade, something that has never been previously done.” This idea Sykes said served two objectives: one) making public records for everyone, not just the experts, but also the newsletter writers and students, and 2) allowing everyone on the platform to gain insight into both losses and wins for the trading industry’s benefit. Penny Stock About To Explode
How Does It Perform?
Profit.ly is a subscription-based platform that lets stock traders gain access to a multitude of features and services aimed toward success. It is possible to create an account for free, but you’re only limited to having the ability to navigate through the leaderboard and observe the actions 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 it is necessary to sign up to one of Profit.ly’s offerings, which we will review in the coming days.
Setting up an account is easy: create an account that includes your personal information and expertise, connect your brokerage account, and you’ll be given a chance to shoot through the top of the leaderboard. Profit.ly’s leaderboard feature, as we’ve mentioned earlier was designed to offer its users a glimpse of how the community of traders performs as well as its gurus. You’re not just allowed to prove your worth to a group of traders, as you are also able to use Profit.ly to buy with a professional with the assurance that you’re confident of their knowledge and the veracity of their assertions.
If you are unsure about the idea of divulging your brokerage account, you can choose to publish your trades, verified or not, via pictures. In Profit.ly are the vast number of courses in trading as well as the ability to look at stats in a trader’s profile and other methods to interact with your experts via chatrooms as well as text and e-mail alerts and updates.
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Meet the Founder: Tim Sykes
Timothy Sykes is a well-renowned day trader who is well-known for his efforts in trades in penny stocks. According to Investopedia, a penny stock is a small business’s shares that trade for just less than 5 cents per share. The penny stock market could be viewed as a stepping stone for small-scale businesses to make the transition to a large marketplace as it gives them access to capital from the public. However, don’t get it wrong – it can also be a high-risk game, which Sykes will be able to tell you through his many years of expertise.
From his beginnings in the latter years of high school, Tim Sykes has, since then, earned more than $6 million in profits through his lengthy career as trader. At 25 years old Tim Sykes had received greater exposure and a larger reach of influence as a participant in the reality TV show “Wall Street Warriors.” He then took advantage of it to establish trading rooms and penny stock themes and educational material aimed at those who are new to trading. He also played a role in establishing Profit.ly as a place of transparency, and for the community to lift each other up and compete against each other through the platform.
The Profit.ly Gurus
One of Profit.ly’s amazing features is the variety of educational tools, trade alerts and other helpful stuff provided by the company’s internal gurus. These gurus refer to the experts in trading who have made significant amounts of profit from their combined years of knowledge. Penny Stock About To Explode
At its height, Profit.ly had housed up to five gurus, all of them a pro 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 among others. At the time of writing however, only two gurus remain on the platform: the founder of the penny stock market Tim Sykes and veteran smallcap swing trader Paul Scolardi, also known as Superman. When we take that into account Let’s look at what packaged deals each guru offers.
From Tim Sykes: Tim’s Alerts
Sykes provides a basic stock trading service with the main priority being penny-stock day trading via Tim’s Alerts. Costing $74.95 monthly, you will be able to see him concentrate on the fundamental stock catalysts and use 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 and Android devices, as well as texts, emails and push alerts; and a daily stock watchlist.
Tim Sykes: From Tim Sykes: The Pennystocking Silver Package
Pennystocking Silver is the premium version that has been upgraded of the Tim’s Alerts program. At $149.95 for a month it is a great option for those who are more invested in investing in penny stocks. Pennystocking Silver comes with all the standard features that were included in earlier plans such as swing trading alerts as well as unlimited access to an extensive library of more than 7,000 instructional 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 both tiny-cap massive stocks as well as wildly accurate marketing forecasts. Since the time he started trading, Superman has amassed over $5.5 million in all-time trading profits. Penny Stock About To Explode
The Superman Alerts package is his offering of essential features and trading alerts geared to those interested. For just $147 per month, you’ll have access daily premarket stock watchlist as well as the mobile application, daily market commentary shown in real-time, as well as SMS and e-mail alerts.
From “Superman” Paul Scolardi: Superman Pro
For $247 per month, you can enjoy additional features, as well as access to the extensive knowledge base provided by Superman himself, via the Superman Pro package. On top of the essentials featured in the Alerts package, Superman Pro gives you daily video lessons, which include a growing library of all the previous ones. On top of that, 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 ready to join the trading community on the internet and leave a mark in the industry, Profit.ly has the right amount of resources to get you started. The platform has three membership tiers that cater to traders with different levels. Let’s take a look at what these three tiers are and how much they’ll cost you.
The package called Novice is Profit.ly’s basic plan that is designed specifically for those who are just beginning their journey to the trading community. Once you have signed to this plan, you will be immediately provided with a variety of powerful and vital trading tools, each one of them essential in keeping your hands on what we can describe as a cutthroat process by itself.
Among the list of things you can accomplish with Profit.ly’s Novice program is the capability to check the results of your trades and track profit as well as leading, following and even chatting with other traders; and leaving feedback on today’s trades. You can also get on leaderboards, analyze the results of your analysis, sort, or filter the trades you make and lastly, look at the statistics of other traders.
The Novice plan will cost $29.95 per monthly payment. While it may look attractive just by the price but there’s a disadvantage. You can’t create a private profile, thus making your activities publicly available. If you’re interested in have an account with this option, you should keep an eye on us as we present to you Profit.ly’s new plan.
The Trader Plan
The Trader package allows users to benefit from the majority of features available in the novice plan. It is in this plan that you are able to create an individual profile that allows you for sharing with fellow associates all your insights and information you have gained from trader’s community.
Costing $49.95/month, Profit.ly’s Trader plan does what the name suggests caters to those who desire to develop their expertise in trading. While it’s nice however, there’s a crucial feature that is missing. As opposed to the prior Novice package, you will not be able to view other traders’ statistics that could be a problem for those anticipating this level. Penny Stock About To Explode
This is by far the highest luxurious package Profit.ly offers to experienced traders. It costs $74.95 each month which includes 22% off when billed annually This plan offers it all. You will have full, unrestricted access to all features of the prior plans.
In addition, you’ll be able to view other people’s stats, but you’re also given the opportunity to create a private profile. Both of these features, in addition to the benefits that you can use to their fullest capacity. If you’re in search of an option that gives 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
In addition to the trainer tools and leaderboards, Profit.ly provides a variety of more services it has to provide. One of those is its online store, where customers can select from a variety of video products that are designed to educate and provide guidance on the ins and outs of trading. Each of the offerings listed in this section of the website is available to be bought immediately for your personal use. Among these products include best-sellers such as”Trading Tickers, “Trading Tickers” series by trader professional Tim Grittani, Timothy Sykes’s library of DVDs and streaming-only content on penny stocking, short stocking, and other things trading-related, clips and clips from events like the Annual Pennystocking Conference, and products from other expert traders.
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The integrated chat rooms are also part of Profit.ly’s range of services and features. You are probably familiar with the concept of the chat room as you can see it across messaging and social platforms, and also on a few specialty websites that provide live chat support. However, in Profit.ly, it is seen as a hands-on place where gurus and their member traders can communicate and share knowledge in real-time. Every guru has their own way when it comes to running their chat room and in dealing with the members there. Some may be a laid-back person who is less active, while another may be more interactive and online with their students. Consider chat rooms like Profit.ly’s version of the forum in essence.
Who is the ideal Trader for Profit.ly?
Profit.ly’s variety of offerings and features are geared towards a large variety of stock traders, from novices to the most experienced. With the variety of deals it can provide it is certain to have something for all.
For instance, newbies can take advantage of Profit.ly’s library of learning content offered throughout the platform. In addition, they will get daily videos and chat room advice from the in-house experts and members. Additionally, they can pick from the merchandise available in its online store for them to take wherever they travel. You can also get hands-on experience trading on the platform, however they’ll realize that this is a high-stakes game that should not be viewed as an amusing pastime.
For those traders who have had years of exposure down the line, we believe Profit.ly as equally as suitable to them as the newcomers. While the newbies may not be as proficient in dealing with trading issues but the experts already know the way it functions and the risky mix that it carries. It is ideal to utilize Profit.ly’s variety of features to their full advantage to improve their trading skills. Like novices, they can study from the gurus as well as experts, and take advantage of short tips and tricks to help them along.
Profit.ly’s “all-in” approach isn’t limited to novices and semi-experienced traders. Experts who have been verified can also participate in the fun! Those in the trading industry who are at the same level as Superman or Tim Sykes can also use Profit.ly’s capabilities. Profit.ly’s capabilities to display their skill to others in order to assist them in the ever-changing trading process. Penny Stock About To Explode
Profit.ly’s Pros and Cons
- Profit.ly’s diverse capabilities as a “one-stop” stock trading platform allows it to provide traders everywhere with tons of learning communications, trading, and communication tools
- You’ll be taught by experts and tips from the internal experts, which include libraries of educational videos and live trading activity.
- You can be sure of complete transparency through Profit.ly with accurate analytics and fellow traders that are waiting to reach you out if something occurs.
- The platform’s leaderboard feature gives you the opportunity to increase your reputation as a reliable and dependable trader
- Apart from its core capabilities, Profit.ly also gives its customers additional options to meet their preferences, such as posting trades that are not authentic by taking photographs
- Profit.ly’s diverse range of packages and subscription levels are priced at reasonable prices There’s something for every person
- Profit.ly’s bountiful stream of packages and services offered could be too much for a lot of its customers
- Since traders can choose to post any kind of trade, there is an opportunity that some them may take advantage by picking the most profitable trades to boost their rating – this may be a concern that should not be simply overlooked
- Profit.ly does not offer 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 Verdict: Is Profit.ly worth it?
If we could come up with an appropriate answer for this query, it would be a ‘yes’. But you need to understand that this platform shouldn’t be viewed as a get-rich-quick scheme. It wasn’t meant to be designed for this reason. Instead, it is best to keep the ability to think with an open heart. Penny Stock About To Explode
What we do mean by ‘yes’ is that it is a fantastic learning tool. For those who are struggling, they might be able to find Profit.ly’s array of resources to be helpful when they try their best to avoid loss and perform better than before. It’s not only the poor traders that can profit from the platform. It can accommodate beginners and even experts in the field!
So, if you genuinely want to become more successful in trading and would like to be taught by your fellows and gurus along the way, then take a look at Profit.ly. Profit.ly could be a good alternative to start.
FAQ Penny Stock About To Explode
What are the best ways to use Profit.ly to post your trades?
Profit.ly has a trade entry portion within the “My Trade category on the dashboard. It allows you to post your trades that are verified or otherwise. There are three choices:
- Connecting your account to your brokerage of choice and then importing transactions directly through there
- Manually inputting your trades with the spaces provided and details
- Send a screen shot of your transactions
How can I tell whether the trade is authentic or not?
If you purchase your trade from a trusted brokerage, there is a high chance that it is verifiable. This is shown by the blue check mark. If you submit it in a manual way or by taking images, it will be classified as unverified.
The downside of having an unauthenticated trade is the possibility of receiving downvotes from friends and colleagues. If you receive too many negative votes, it could result in you appearing in the Madoff leaderboard, where people 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 to download from the Apple App Store and the Google Play store. The mobile app version is compatible with the majority of functioning tablets and smartphones.
How many are using Profit.ly?
Profit.ly currently houses more than 150,000 traders and investors, as they not only are looking to earn maximum profits but also help each other develop and grow in their ability to take advantage of opportunities on the stock market all over the world.