Stock trading is an exciting game with high stakes. On certain days, you could have the benefit of positive and satisfying numbers. However, on other days, the opposite may happen and it can be very difficult to get back to where you were your best. If you’re immersed in the water it is important be aware that relying solely on instinct and survival might not be enough.
If you’ve been incurring losses from time to time, you’re gonna be needing solid advice from seasoned and tested trading experts. Also, you’ll need an important boost from trading partners from all over the globe, which is why we’ve identified an option that can help you in your growth in the industry. In this review, we’ll take the time to look at Profit.ly, a well-recognized 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 Penny Stock Chart
Value: 4.1/5
Quality: 4.1/5
Costs: 4.1/5
The User’s Experience 4.5/5
Summary
Profit.ly offers an internet-based trading service that allows traders of different levels to be informative and accountable, as well as transparent and to build relationships with each other by offering a wide array of tools and features such as trade verification, chat rooms and a rich library of educational material.
How do I define Profit.ly?
Profit.ly is a site for trading that functions as a learning and education platform for people who are just beginning their journey and as a hub for traders who are experienced to monitor their performance through the use of cutting-edge analytics tools. Providing users with a wide range of resources for trade and communication 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 an online social media platform similar like Facebook and Reddit but with a focus on experts and traders.
Profit.ly independently checks the performance of trades and then publishes the information of them in the manner of leaderboards. The platform’s trading model is based on transparency and honesty: it guarantees that the trades are authentic and won’t tolerate inauthenticity as much as is humanly possible. It was created years ago by the penny stock trade expert and investment expert Timothy Sykes, along with the other expert Michael Mosseri.
One time during his appearance in Forbes publication, Sykes said that Profit.ly was driven by its focus “on the transparency of all trades, something that has never been prior to.” This idea, he added, served two objectives: one) making public records for not just the gurus as well as students and newsletter writers and secondly) allowing anyone on the platform to be enlightened by both losses and wins to benefit the industry of trading. Penny Stock Chart
How Does It How Does It
Profit.ly utilizes a subscription model which allows stock traders to have access to a range of tools and services that are geared at achieving achievement. You may set up an account there at no cost, however you’re limited to access to the leaderboard and follow the activities of people who aren’t gurus. If you’re looking to invest your money to see which stocks the gurus are trading in real-time You’ll need to subscribe to any of Profit.ly’s deals that we’ll discuss in the near future.
Setting up an account is simple: Create an account with your experience and knowledge, then connect your brokerage account, and you’ll be given an opportunity to make through high on the leaderboard. Profit.ly’s leaders’ board feature as we’ve mentioned earlier it is designed to provide its users a look at their performance as a trading group and its experts. It’s not only a chance to demonstrate value to a community of traders, but you are also able to use Profit.ly to shop with a guru, and have the assurance that you’re comfortable of their knowledge and the credibility of their assertions.
If you’re not comfortable with the idea of sharing information about your account with a brokerage, you may decide to share your trades, either verified or not, by taking pictures. In Profit.ly is the huge selection of courses in trading and the capability to see the stats of a trader’s account as well as other ways to communicate with your gurus through the chatroom 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 trader who is famously known for his efforts in trades in penny stocks. According to Investopedia the term “penny stock” refers to a small company’s stock that trades for less than $5 per share. The trading of penny stocks could be viewed as an avenue for small-scale businesses to make the transition to a large marketplace as it allows them to access capital from the general 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 expertise.
Since his initial beginnings in his late years in high school, Tim Sykes has, since then, made an estimated $6 million earnings throughout his illustrious career as trading professional. 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 made use of the show to establish trading rooms, 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 wide range of educational tools, trade alerts and other helpful stuff provided by the platform’s in-house gurus. Gurus are referred to experts in the field of trading who have earned substantial profits from their combined years of knowledge. Penny Stock Chart
At its peak, 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 gurus included Connor Bruggermann, Nathan Michaud of Investors Underground, and Triforce as well as a handful of others. At the time of writing, only two gurus remain on this 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 packaged offers each guru can offer.
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. At $74.95 for a month you will be able to see him concentrate on the fundamental stock catalysts and use them to anticipate the next possible moves in making trades.
A single purchase of Tim’s Alerts will get you access to the chatroom and the mobile app available to iOS and Android devices, as well as texts, emails 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 package. Priced at $149.95 per month, it is a great option for investors who are involved in the penny-stock market. Pennystocking Silver comes with all the standard features of earlier plans including swing trading alerts as well as unlimited access to an extensive library of more than 7,000 instructional videos, with new ones released every week.
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From “Superman” Paul Scolardi: Superman Alerts
Scolardi, who goes by the name “Superman,” is a swing trading professional with an eye for both tiny-cap massive stocks as well as wildly accurate marketing forecasts. In the time since when he first started trading, Superman has amassed over $5.5 million in all-time trading earnings. Penny Stock Chart
The Superman Alerts plan is his offer of the most essential features and trading alerts targeted toward those who may be interested. For just $147 per month, you’ll have access to the daily premarket stock watchlist along with the mobile app, the 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, plus access to the extensive knowledge base that is provided by Superman himself, via Superman Pro. Superman Pro package. In addition to the basic features that are included in the Alerts package, Superman Pro gives you weekly video lessonsthat include the growing collection of previous lessons. In addition you’ll also gain the ability to access premium reports on research as well as an IPO as well as earnings tracking tool.
Profit.ly Plans and Costs
If you’re ready to join the trading community on the internet and make a mark on the industry, Profit.ly has the right amount of tools to get you going. Profit.ly offers three membership levels that are designed to accommodate traders at different levels. Let’s look at what the three tiers are and how much they’ll cost you.
Novice Plan
This package for novices is Profit.ly’s basic plan that is designed specifically for those who are new to the world of trading. Once you have signed up for this plan you’ll be provided with a variety of powerful and essential trading tools, all of which is essential to keep your hands on what we can describe as a cutthroat procedure in its own.
Some of the features you can do using Profit.ly’s Novice program is the ability to confirm trades and track profits and follow-up, leading and even chatting with other traders; and leaving feedback on today’s trades. It also allows you to be on leaderboards, analyze your trades, sort and filter your trades; and lastly, look at other’s stats.
The Novice plan costs $29.95 per month. Although it looks attractive just by the price, there is a downside. You can’t create a private profile, thus making your actions public. If you’re interested in get an account with this option, you should keep an eye on us as we present to you Profit.ly’s new plan.
Trader Plan
The Trader package allows users to benefit from many of the features of the Novice plan. It is in this plan that you can set up an account that is private to share with fellow associate users all your knowledge and knowledge you gain from trader’s community.
The price is $49.95/month, Profit.ly’s Trader plan does what the name suggests: Cater to those who desire to improve their expertise in trading. Although it’s a nice thing, there is one significant aspect that’s not included. Unlike the previous Novice package, this one won’t be able to view other traders’ statistics that could be a disadvantage for those eager to try this new tier. Penny Stock Chart
Pro Plan
The Pro plan is the highest luxurious package Profit.ly could offer for seasoned traders. At $74.95 monthly, with an additional 22% discount for annual billing, this tier has it all. It gives you full, unlimited access to all the features from the two previous plans.
You’re not only able to look at other people’s statistics, but you’re also given the opportunity to create a private profile. These two features are on top of all the advantages you’ll be able to use to the fullest potential. If you’re in search of a plan that can serve all the features you need to be a skilled trader, maybe the Pro tier could be 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 these is its online store, where customers can pick from a range of instructional videos that are that are designed to educate and help you understand the ins and outs of trading. All of the products featured on this page of the website is available to be immediately purchased for personal use. Some of these include bestsellers such as”Trading Tickers, “Trading Tickers” series by trading professional Tim Grittani, Timothy Sykes’s collection of DVDs and streaming-only content about penny stocking, short stocking, and other related to trading, videos and clips taken from events like the Annual Pennystocking Conference, and other products by expert traders.
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The integrated chat rooms are included in Profit.ly’s variety of services and features. You are probably familiar with the chat room since you can see it across messaging and social platforms, and also on a few specialty websites that offer live chat assistance. But on Profit.ly it’s seen as a place where gurus and their members can interact and learn in real time. Each guru has their style when it comes to running their chat room and in dealing with the members there. One of them may be more laid back and not very often engaged, while another could be more online and communicative to their pupils. Think of chatrooms as Profit.ly’s version of the forum, in essence.
Who is the best Trader for Profit.ly?
Profit.ly’s diverse range of products and features cater to the wide range of stock trader types, from novices to the most experienced. With the variety of deals it can provide this platform definitely has something for every person.
Newbies, for instance, can take advantage of Profit.ly’s knowledge-based materials available across the platform. They will also get daily videos and chat room advice from the in-house experts and members. They’ll also be able select from the products on its store online to carry with them wherever they may go. Additionally, they can gain practical experiences by trading through the platform, but eventually, they will soon learn that this is a high stakes game that should not be viewed as an opportunity to make fun of.
For those traders who have had many years of experience down the line, we see Profit.ly as equally as suitable to them as the newcomers. Although the novices might not be as proficient in handling trading matters, the pros already understand how it works along with the risky mix associated with it. It is ideal to use Profit.ly’s variety of features to their full advantage to enhance their trading abilities. Like novices, they can learn from the top experts and experts and utilize those simple tips and hints throughout the process.
Profit.ly’s ‘all-together’ nature isn’t limited to novices as well as semi-seasoned traders. Verified experts can also join in the enjoyment! Those in the trading industry who are at the same level as Superman and Tim Sykes can also use Profit.ly’s capabilities. Profit.ly’s capabilities to showcase their skills to others as a way to help navigate them through the ever-changing trading process. Penny Stock Chart
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 a wealth of education communications, trading, and communication tools
- You’ll receive excellent training and tips from the in-house gurus, including collections of educational videos as well as live trading activity.
- 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 of the platform offers you the chance to establish your credibility as a trustworthy and verifiable trader
- Apart from its main capabilities, Profit.ly also gives its customers extra options that can be tailored to their needs, like posting unauthentic trades via images
- Profit.ly’s diverse range of packages and subscription levels are priced at affordable rates There’s something for every person
The Cons
- Profit.ly’s abundance of packages and services offered could seem overwhelming for a lot of its users
- If traders decide to make any type of trade, there’s an opportunity that some them may take advantage by cherry-picking the best trades to boost their rating this could be a concern that should not be ignored.
- Profit.ly does not offer refunds because its premium users will immediately benefit from the number of features the platform is able to provide
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The Final Concluding Question: Is Profit.ly Valued?
If we could think of an appropriate answer for this query, it’s a ‘yes’. But it is important to realize that the platform should not be used as a quick-fix scheme to make money. The platform wasn’t originally meant to be designed to achieve this goal. Instead, you should have curiosity. Penny Stock Chart
What we are referring to by ‘yes’ is that it can be a great learning tool. For those who are struggling, they might discover Profit.ly’s array of resources useful as they do their best to reduce loss and perform better than they did before. It’s not just the poor traders that can profit 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 fellows and gurus on the way, you should look no further than Profit.ly. Profit.ly may be a great choice to start.
FAQ Penny Stock Chart
How do you use Profit.ly to publish your trades?
Profit.ly has a trade entry portion within the My Trade section of the dashboard which lets you post your trades, either verified or not. You may choose between three options:
- Linking your account to the broker of choice and import transactions directly through there
- Manually inputting your trades with provided spaces and specifics
- 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 a high chance that it is verifiable. This is indicated with the small blue check. If you upload the information manually or via screenshots, it will automatically be assigned as unverified.
The disadvantage of an unauthenticated trade is the risk of receiving negative feedback from colleagues. If you receive too many negative votes, it could cause you to be listed at the top of the Madoff leaderboard, where people are able to identify who is dishonest in posting trades.
Does the Profit.ly mobile application still available?
At the time of writing, Profit.ly is still available to download from the Apple App Store as well as on the Google Play store. The mobile app version is compatible with most working smartphones and tablets.
How many people are connected to Profit.ly?
Profit.ly currently houses over 150,000 investors and traders since they’re not just looking to earn maximum profits but also to help one another develop and grow in their ability to take advantage of opportunities on the stock market left and right.
