Stock trading is an extremely risky game. On certain days, you could be reaping the benefits of positive and satisfactory numbers. On other days, however you may experience the opposite and it can be extremely difficult to get back to the point you were at your best. If you find yourself always in the mud, you will have to realize that relying on instinct and survival is not always enough.
If you’ve suffered 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 trading partners from all over the globe. That’s why we’ve discovered a platform that can support you in your improvement 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. Do check out our article below, however, because it has a comprehensive overview of Profit.ly.
Total Rating: 4.1/5 Penny Stock Buy Today
Value: 4.1/5
Quality: 4.1/5
Costs: 4.1/5
User Experience: 4.5/5
Summary
Profit.ly can be described as an online platform for trading that allows traders of all levels to be informative, transparent, accountable, and to build relationships with each other by offering a wide range of features and tools such as chat rooms, trade verification, and an enriched library of educational material.
What is Profit.ly?
Profit.ly is a site for trading that serves both as a training and learning platform for people who are starting out and also as a platform for traders who are experienced to monitor their performance with the help 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 gives the gurus worthwhile investments within the confines that the site. Think of it as the social media equivalent the likes of Facebook and Reddit, but for traders and experts.
Profit.ly independently verifies trade performances and then publishes the information from them in the form of leaderboards. The trading platform is built on trust and transparency. it guarantees that the trades are authentic and won’t accept fake news as long as it is possible. It was created many years ago by penny stock trade expert and investment guru Timothy Sykes, along with his colleague Michael Mosseri.
One time during his interview for Forbes publication, Sykes said that Profit.ly was driven by its focus “on showing every trade, something that was never previously done.” This idea was, he said, serving two objectives: one) making public records for everyone, not just the experts, but also the students and newsletter writers as well as) making it possible for all users to learn from both losses and wins to the benefit of the trading industry. Penny Stock Buy Today
How Does It Work?
Profit.ly is a subscription-based platform that allows stock traders to benefit from a variety of services and features geared towards achieving success. It is possible to create an account for free, but 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 to see which stocks the gurus are trading in real-time it is necessary to subscribe to any of Profit.ly’s deals that we’ll review in the coming days.
The process of opening an account is easy: create an account with your experience and knowledge, then connect your brokerage account, and you’ll have the chance to climb through at the very top of the list. Profit.ly’s leaders’ board feature as mentioned previously was designed to offer its users an insight into how the community of traders performs and its experts. You’re not just allowed to demonstrate your worth to a large group of traders. You can also utilize Profit.ly to purchase from a guru with the assurance that you’re comfortable of their knowledge and the credibility of their claims.
If you are unsure about the concept of leaking your brokerage account, you may opt to post your trades, whether verified or otherwise, through pictures. Included in Profit.ly is the huge selection of trading classes and the capability to see statistics on a person’s profile as well as other ways to interact with your experts via chatrooms as well as 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 is well-known for delving his hands into the penny-stock market. According to Investopedia Penny stock refers to a small company’s stock that trades for just less than 5 cents per share. The penny stock market is an avenue for small companies to move to a market that is larger as they can access capital from the public. But don’t make the mistake of thinking that it can also be a high-risk game, which Sykes will be able to tell you because of his decades of experience.
Since his initial beginnings in the latter years of the high schools, Tim Sykes has, since then, earned an estimated $6 million earnings through his lengthy career as trader. When he was 25 years old Sykes was given greater exposure and an even wider reach of influence as a participant in the reality show “Wall Street Warriors.” Then, he took advantage of it to establish trading rooms as well as penny stock themes and educational content geared toward those who are new to the trading field. 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 amazing features is the vast array of learning sources, trade alerts as well as other useful information provided by the company’s internal gurus. Gurus are referred to experts in the field of trading who have made significant amounts of profit through their years of experience. Penny Stock Buy Today
At its height, Profit.ly had housed up to five gurus. Each of them a professional in their field of expertise within the world of trading. Some of the prominent experts included Connor Bruggermann, Nathan Michaud of Investors Underground, and Triforce, among a few others. At the time of writing there are only two gurus who remain on the platform: 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 we’ll take a look at the packages each guru can offer.
From Tim Sykes: Tim’s Alerts
Sykes provides a basic stock trading service that focuses on penny stock day trading through Tim’s Alerts. The cost is $74.95 monthly, you’ll be able to see him focus on the basic stock catalysts and employ them to forecast the next move that is possible when trading.
A purchase on its own of Tim’s Alerts will get you access to the chatroom, as well as the mobile app that’s available for iOS and 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 version that has been upgraded of the Tim’s Alerts program. It costs $149.95 for a month this is a great option for those who are more committed to investing in penny stocks. Pennystocking Silver offers all the essential 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 and new videos released each week.
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From “Superman” Paul Scolardi: Superman Alerts
Scolardi, who goes by the alias “Superman,” is a professional in swing trading with an eye for both small-cap monumental stocks and crazy-accurate marketing forecasts. In the time since he began as a trader, Superman has amassed over $5.5 million in all-time trading profits. Penny Stock Buy Today
The Superman Alerts plan is his offering of essential features and trading alerts targeted towards those who might be interested. For just $147 per month, you’ll have an access to the day-to-day premarket stock watchlist along with the mobile app, daily market commentary shown in real time, and email and SMS alerts.
In “Superman” Paul Scolardi: Superman Pro
For $247 per month, you can enjoy additional features and access to an extensive base of knowledge that is provided by Superman himself, via the Superman Pro package. Alongside the standard features that are included in the Alerts package, Superman Pro gives you daily video lessons, which include a growing library of all previous lessons. On top of that you’ll also gain access to premium research reports as well as the IPO and earnings tracker.
Profit.ly Programs and Costs
If you’re eager to join the world of online trading and leave your mark on the market, Profit.ly has the right amount of resources to help you going. Profit.ly offers three membership tiers that are designed to accommodate traders at different levels. Let’s break down what these three are and how much they will cost you.
Novice Plan
The Novice package is Profit.ly’s basic plan that is designed specifically for people who are brand new to the trading world. Once you have signed to this plan you’ll be offered a range of strong and vital trading tools, all of which is essential to keep your fingers on what we could call a ruthless procedure in its own.
Among the list of things you can accomplish using Profit.ly’s Novice package include the ability to confirm the results of your trades and track profit; leading, following and even texting other traders; and giving feedback on the trades of today. It also allows you to be onto leaderboards; study your trades, sort or filter the trades you make and lastly, look at other people’s statistics.
The Novice plan will cost $29.95 per month. While it may look attractive just by the price however, there’s a drawback. You aren’t able to create a personal profile, thus making your activities publicly available. If you do want to gain an account with this option, be watching for us to introduce to you Profit.ly’s next plan.
Trader Plan
The Trader package lets you to use the majority of features available in the Novice plan. In this plan, that you are able to create a private profile for sharing with fellow associate users all the insights and information you have gained from trader’s community.
The price is $49.95/month, Profit.ly’s Trader plan will do what the name implies: Cater to those who desire to improve their trading skills. As nice as it seems however, there’s a crucial feature that is missing. Unlike the previous Novice package, this one won’t be able view other traders’ statistics this could be a problem for some who may be looking forward to this tier. Penny Stock Buy Today
Pro Plan
The Pro plan is the most expensive plan Profit.ly offers to experienced traders. At $74.95 each month which includes 22% off when billed annually This plan offers it all. It gives you full, unlimited access to all the options of the previous plans.
Not only do you get to see other users’ stats as well, you’re also offered the opportunity to create a private profile. Both of these features, in addition to the benefits that you can use to the fullest potential. If you’re looking for a plan that can serve all the features you need to be a skilled trader, maybe the Pro plan is the right choice for you!
Profit.ly’s Other Services
Apart from the provided trainer tools and leadersboards Profit.ly has a few more services it has to provide. One of them is the online store, which allows users to choose from a wide array of video products created to provide guidance on the nuances and pitfalls of trading. All of the products featured in this section of the website can be purchased immediately for personal use. Among these products include best-sellers such as”Trading Tickers, “Trading Tickers” series by trader specialist Tim Grittani, Timothy Sykes’s library of DVDs and streaming-only content about short stocking, penny stocking, and other things trading-related, clips and clips taken from the Annual Pennystocking Conference, and items from other experts in trading.
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Chat rooms integrated into Profit.ly are also part of Profit.ly’s range of services and features. You are probably familiar with the concept of chat rooms since you will see it on social and messaging platforms, and also on a few specialty websites that offer live chat support. But on Profit.ly, it is seen as a real-time place where gurus and their members trade and share knowledge in real-time. Every guru has their own way in running their chat rooms and in dealing with the members there. Some may be more laid back and not very often active, while another might be more online and communicative in their interactions with 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 diverse range of products and features caters to an array of stock traders, ranging from novices to experienced professionals. Considering the number of offers it has to offer this platform definitely has something for everyone.
Beginners, for instance, will appreciate Profit.ly’s knowledge-based content offered throughout the platform. Not only will they get daily videos and chat room advice from its in-house gurus as well as their members. Additionally, they can choose from the items in its online store that they can take with them wherever they be. They can also gain hands-on experiences from trading within the platform, however, they will soon learn that this is a high-stakes game that shouldn’t be treated as a joke.
For those traders who have had decades of experience in the road, we consider Profit.ly as equally as suitable to them as those who are just starting. While the newbies may not be as well-equipped with handling trading matters but the experts already know how it works along with the stack full of risks that it carries. In the ideal scenario, they can make use of Profit.ly’s array of features to their best advantage to develop their trading abilities. Like beginners, they can study from the gurus and experts , and use those quick tips and tidbits throughout the process.
Profit.ly’s “all-inclusive” nature doesn’t just apply to newbies and semi-experienced traders. Experts who have been verified can also participate in the enjoyment! Those in the trading industry who are at an equal level with Superman and Tim Sykes can also use Profit.ly’s capabilities. Profit.ly’s abilities to show off their skill to others as a way to help guide them through the ever-illustrious trading process. Penny Stock Buy Today
Profit.ly’s Pros and Pros and
The Pros
- Profit.ly’s numerous capabilities as a ‘one-stop’ stock trading platform enable traders from all over the world with an abundance of knowledge, communication, and trading tools
- You get to receive excellent training and tips from the internal experts, which include collections of educational videos as well as real-time trading activities
- You’re assured of transparency throughout Profit.ly by using accurate data and fellow traders that are waiting to reach you when something goes wrong.
- The leaderboard feature on the platform gives you the opportunity to increase your reputation as a reliable and verifiable trader
- Apart from its main features, Profit.ly also gives its users extra options to suit their preferences, such as posting trades that are not authentic by taking images
- Profit.ly’s wide array of packages and subscription levels are priced at affordable rates – there truly is something for every person
The Cons
- Profit.ly’s numerous products and packages offered might not be enough for a lot of its customers
- As traders may opt to post any kind of trade, there is a possibility that some of them will profit by cherry-picking the best trades to boost their rating This could be a concern that should not be simply overlooked
- Profit.ly does not accept refunds because its premium users are expected to immediately take advantage of the numerous features the platform is able to provide
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The Final Verdict: Is Profit.ly Worth It?
If we were able to come up with the answer, it would be a ‘yes’. But you need to understand that the platform should not be used as a get-rich-quick scheme. The platform was not always intended to be created in this way. Instead, it is best to keep the ability to think with an open heart. Penny Stock Buy Today
What we are referring to”yes” is that it could be a useful learning tool. Those who may be stuck may be able to find Profit.ly’s array of resources useful as they do their best to avoid losses and perform better than before. It’s not only the struggling traders who will benefit from the platform. It can accommodate beginners and even experts in the field!
If you truly desire to be more successful in trading and would like to be taught by your mentors and peers along the way, then you should look no further than Profit.ly. Profit.ly could be a good option to begin.
FAQ Penny Stock Buy Today
What are the best ways to use Profit.ly to post your trades?
Profit.ly offers the option of allowing trade entries under the My Trade category on the dashboard which allows you to post your trades, either verified or not. You may choose between three choices:
- Linking your account to the brokerage of choice and importing the trades from that directly
- Manually entering your trades into the spaces provided and details
- Take a photo of your transactions
How can I tell if the trade is verifiable or not?
If you buy your trade from a trusted brokerage, there’s the likelihood that it can be verified. This is shown by the blue check mark. If you upload it in a manual way or by taking pictures, it will be assigned as unverified.
The drawback of posting an unauthenticated trade is the possibility of getting downvotes from your friends and colleagues. Too many downvotes may cause you to show up at the top of the Madoff leaderboard, where people are able to identify who is fraudulent in posting trades.
Is the Profit.ly mobile application still available?
As of this writing, Profit.ly is still available for download on the Apple App Store as well as the Google Play store. The mobile app version works with all functioning tablets and smartphones.
How many people are connected to Profit.ly?
Profit.ly currently houses over 150,000 traders and investors, as they not only are seeking to make the most profit but also help each other develop and grow in their ability to take advantage of opportunities in the stock market both right and left.
