Stock trading can be an extremely risky game. On certain days, you could have the benefit of positive and satisfying numbers. However, on other days it could be the reverse and it could be very difficult to get back to the point you were at your most productive. If you’re immersed in the water You will need be aware that relying solely on pure instinct and preservation may not always be enough.
If you’ve suffered occasional losses and you’re likely to require sound advice from tried-and-tested trading experts. Also, you’ll need an enormous boost from your fellow traders from around the globe. That’s why we’ve found an online platform that will help you to improve your performance in the market. In this review, we’ll take an in-depth look at Profit.ly A well-respected 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.
Total Rating: 4.1/5 Penny Stock Cryptocurrency 2021
User Experience: 4.5/5
Profit.ly is an online trading platform that enables traders of all levels to be informative and accountable, as well as transparent and uplifting with each other by offering a wide array of tools and features including chat rooms, trade verification as well as an extensive library of educational content.
What exactly is Profit.ly?
Profit.ly is a trading site which serves as a learning and education platform for those who are just beginning their journey and as a hub for experienced traders to track their performance using the aid of sophisticated analytics tools. Providing users with a wide range of resources to facilitate trade and communication and letting traders from every field of business connect with each other. It also allows gurus to make worthy investments within the boundaries of the platform. Imagine it as the social media equivalent to Facebook and Reddit however it is geared towards traders and experts.
Profit.ly independently checks the performance of trades and publishes all data of them in the manner of leaderboards. The trading platform is built on honesty and transparency: it makes sure that transactions are legitimate and will not accept fake news as long as is humanly possible. It was established many years ago by penny stock trade expert and investment guru Timothy Sykes, along with the other expert Michael Mosseri.
In an interview with Forbes magazine Sykes stated that Profit.ly was driven by its focus “on showing every trade, something that was never done before.” The concept Sykes said served two purposes: 1) creating public track records for all traders, not just the gurus and students and newsletter writers as well as) giving everyone on the platform to be enlightened by both the wins and losses to the benefit of the trading industry. Penny Stock Cryptocurrency 2021
How Does It Work?
Profit.ly follows a subscription-based model which allows stock traders to gain access to a multitude of tools and services that are geared towards achieving success. You may set up an account on the site at no cost, however you’re limited to the capability to browse the leaderboard and observe the activities of people who aren’t gurus. If you’re looking to invest your money and see which stocks the gurus are trading in real time You’ll need to sign up to one of Profit.ly’s offers that we’ll review in the coming days.
The process of opening an account is easy: create an account that includes your personal information and skills, join your brokerage account, and you have yourself the chance to climb your way to the top of the leaderboard. Profit.ly’s leaders’ board feature as mentioned previously was designed to offer its users a look at the performance of the trading community and its gurus. It’s not only a chance to prove that you’re worthy to the group of traders. You are also able to use Profit.ly to purchase with a guru, and have the assurance that you’re comfortable with their expertise and the credibility of their claims.
If you’re not comfortable with the concept of leaking your brokerage account, you may choose to publish your trades, whether verified or not, by taking screenshots. Also included 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 interact with your experts via chatrooms in addition to email and text alerts as well as updates.
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Meet the Founder: Tim Sykes
Timothy Sykes is a well-renowned day trader who is well-known for his involvement in penny stock trading. According to Investopedia, a penny stock refers to a small-sized company’s stock which trades at just less than 5 cents per share. The penny stock market is an opportunity for small businesses to transition to a large marketplace as they can access funds from the public. But don’t be mistaken – it’s also an extremely risky game, as Sykes will be able to tell you through his many years of experience.
Since his initial beginnings in his late years in the high schools, Tim Sykes has, since then, made more than $6 million in profit through his lengthy career as trader. When he was 25 years old Tim Sykes had received more exposure and a wider impact when he became part of the reality TV show “Wall Street Warriors.” He then made use of the show to develop trading rooms as well as penny stock themes as well as educational content targeted at people who are brand new to the trading field. He also helped establish Profit.ly as a place of transparency, and for the community to uplift and compete through the platform.
The Profit.ly Gurus
One of Profit.ly’s sweet inclusions is the wide range of education resources, trade alerts, and other helpful stuff provided by the platform’s in-house gurus. These gurus refer to the experts in trading who have made substantial amounts of money through their years of knowledge. Penny Stock Cryptocurrency 2021
At its peak, Profit.ly had housed up to five gurus. Each of them a pro in their field of expertise within the world of trading. Some of the most prominent gurus included Connor Bruggermann, Nathan Michaud of Investors Underground, and Triforce, among a few others. As of this writing, only two gurus remain on this platform: the founder as well as penny-stock trader Tim Sykes and veteran smallcap swing trader Paul Scolardi, also known as Superman. When we take that into account we’ll take a look at the packaged offers each guru can offer.
From Tim Sykes Tim Sykes
Sykes provides an essential stock trading service which focuses on penny-stock day trading via Tim’s Alerts. At $74.95 monthly, you will observe him focus on fundamental stock catalysts and use them to anticipate the next move that is possible when making trades.
A purchase on its own of Tim’s Alerts will get you access to the chatroom, as well as the mobile application that is available to iOS and Android devices, as well as 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, upgraded version of the Tim’s Alerts program. It costs $149.95 for a month this is an ideal plan for those who are more committed to investing in penny stocks. Pennystocking Silver includes all the basic features that were included in earlier plans which includes alerts for swing trading and access to a rich library of over 7,000 educational videos that are updated every week.
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From “Superman” Paul Scolardi: Superman Alerts
Scolardi who is known under the name “Superman,” is a swing trading professional with an eye for small-cap monumental stocks and crazy-accurate marketing forecasts. Through the years since he began as a trader, Superman has amassed over $5.5 million in trading earnings. Penny Stock Cryptocurrency 2021
The Superman Alerts plan is his package of vital features and alerts on trading geared to those interested. For $147/month, you’ll get an access to the day-to-day stock watchlist that is premarket as well as the mobile app, daily market commentary in real-time, and SMS and e-mail alerts.
From “Superman” Paul Scolardi: Superman Pro
For $247 per month, you can enjoy additional features, plus access to an extensive base of knowledge of information provided by Superman himself through his Superman Pro package. In addition to the basic features featured in the Alerts plan, Superman Pro gives you weekly video lessonsthat include an ever-growing library of the previous ones. On top of that you’ll also have an access to high-quality research papers as well as an IPO as well as earnings tracking tool.
Profit.ly Programs and Costs
If you’re ready to join the trading community on the internet and make a mark on the market, Profit.ly has the right amount of tools to get you going. The platform offers three membership levels, each designed for traders at different levels. Let’s break down what these three are and how much they’ll cost you.
The Novice package is Profit.ly’s basic plan that is designed specifically for people who are brand new to the world of trading. Once you have signed to this plan you’ll be provided with a variety of powerful and indispensable trading tools, all of them integral in keeping your fingers on what can describe as a cutthroat procedure in its own.
The list of features you can accomplish with Profit.ly’s Novice package is the ability to verify the results of your trades and track profit and follow-up, leading and even texting your fellow traders, as well as giving feedback on the trades of today. It also allows you to be onto leaderboards; study, sort, as well as filter trades; and lastly, look at the statistics of other traders.
The Novice plan will cost $29.95 per month. Although it looks attractive simply because of the price but there’s a disadvantage. You can’t create a private account, making your personal information public. If you do want to gain the benefit of this service, keep an eye on us as we present to you Profit.ly’s next plan.
The Trader package allows you to take advantage of many of the features of The Novice package. This plan allows that you are able to create an individual profile that allows you to share with fellow associate users all the insights and knowledge you gain from the trading community.
The price is $49.95/month, Profit.ly’s Trader plan will do what the name implies: Cater people who want to develop their expertise in trading. Although it’s a nice thing, there is one significant element that’s missing. In contrast to the Novice package, you will not be able to view other traders’ statistics, which might be a drawback for those eager to try this new tier. Penny Stock Cryptocurrency 2021
The Pro plan is the most expensive plan Profit.ly can offer to experienced traders. With $74.95 per month, with an additional 22% discount for billing annually This plan offers it all. You will have full, unrestricted access to all the options of the previous plans.
Not only do you get to look at other people’s statistics as well, you’re also offered the option of creating your own private profile. Both of these features, plus the other advantages that you can utilize to the maximum extent. If you’re in search of an account that will give you with everything you require as a skilled trader, maybe the Pro level is ideal for you!
Profit.ly’s Other Services
Apart from the training tools and the leaderboards, Profit.ly offers a number of additional services that it can offer. One of these is its online store, which lets users choose from a wide array of instructional videos that are that are designed to educate and guide you through the ins and outs of trading. All of the products featured on this page of the site can be bought immediately for your personal use. These include best-selling products such as the “Trading Tickers” series from trading specialist Tim Grittani, Timothy Sykes’s library of DVDs and streaming-only content about penny stocking, short stocking, as well as all aspects of trading. There are also clips and clips from the Annual Pennystocking Conference, and other products by expert traders.
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The chat rooms that are integrated are as well part of Profit.ly’s array of features and services. You’re probably familiar with chat rooms since you will see it on messaging and social platforms, and also on a few specialty websites that offer live chat assistance. However, in Profit.ly, it is seen as a space where experts and their member traders can communicate and learn in real time. Each guru has their style in running their chat rooms and dealing with the members. One of them may be a laid-back person who is not very often engaged, while another could be more interactive and online with their students. Think of the chat rooms like Profit.ly’s version of a forum, in the essence.
Who is the Ideal 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. Considering the number of offers it offers this platform definitely has something for every person.
For instance, newbies will enjoy Profit.ly’s knowledge-based materials available across the platform. Not only will they be provided with videos every week and chat room tips from its in-house gurus as well as their members. They’ll also be able select from the products in its online store that they can take with them wherever they travel. Additionally, they can gain practical experiences from trading within the platform, but ultimately they’ll realize that the process is a risky game that shouldn’t be taken as a joke.
For the traders with decades of experience in the line, we see Profit.ly equally suitable to them as the newcomers. Although the novices might not be as proficient in managing trading but the experts already know how it works along with the risky mix associated with it. It is ideal to utilize Profit.ly’s range of features to their full advantage to improve their trading skills. Like beginners, they can learn from the top experts and experts , and use those simple tips and hints to help them along.
Profit.ly’s “all-in” approach isn’t limited to novices and semi-experienced traders. Verified experts can also join in the enjoyment! Those in the trading industry who are on similar levels to Superman and Tim Sykes can also use the power of Profit.ly’s capabilities to showcase their skills to others as a way to navigate them through the ever-changing trading process. Penny Stock Cryptocurrency 2021
Profit.ly’s Pros and Pros and
- Profit.ly’s numerous capabilities as a “one-stop’ stock trading platform enable it to provide traders everywhere with a wealth of education tools, communication, and trading tools
- You will receive excellent training and insights from its inside experts, as well as video libraries that teach you how to learn and real-time trading activities
- You’re guaranteed transparency throughout Profit.ly by using accurate data as well as other traders ready to call you out if something occurs.
- The leaderboard feature of the platform offers you the opportunity to increase your credibility as a trustworthy and dependable trader
- Apart from its main capabilities, Profit.ly also gives its users extra options to suit their preferences, such as posting unauthentic trades via photographs
- Profit.ly’s diverse range of packages and subscription levels are priced at reasonable prices There is truly something for all
- Profit.ly’s bountiful stream of packages and products offered may not be enough for most of its users
- If traders decide to post any kind of trade, there is a possibility that some of them will profit by selecting the best trades in order to boost their rating This could be a problem that shouldn’t be simply overlooked
- Profit.ly will not allow refunds, as the premium customers are expected to immediately take advantage of the numerous features the platform is able to offer
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The Final Verdict: Is Profit.ly Worth It?
If we could come up with an answer to this question, it’s a ‘yes’. But it is important to realize that this platform shouldn’t be viewed as a get-rich-quick scheme. The platform was not always designed to be used for this reason. Instead, you need to have the ability to think with an open heart. Penny Stock Cryptocurrency 2021
What we mean”yes” is it can be a great learning tool. For those who are struggling, they may discover Profit.ly’s range of resources to be helpful when they try their best to avoid loss and perform better than before. Not only poor traders that can benefit from this platform. It can accommodate beginners and even experts!
If you truly want to become more successful in trading and would like to be taught by your peers and experts on the way, look no further – Profit.ly is a fantastic option to begin.
FAQ Penny Stock Cryptocurrency 2021
How can you make use of Profit.ly to publish your trades?
Profit.ly includes an entry section for trades in the “My Trade section of the dashboard that lets you record your trades that are verified or not. There are three options:
- Linking your account to the broker of choice and import trades directly from there
- Manually entering your trades into provided spaces and specifics
- Upload a screenshot of your trades
How can I tell if the trade is verifiable or not?
If you purchase your trade from a trusted brokerage, there is an excellent likelihood that it can be verified. This is indicated with the blue check mark. If you upload the information manually or via images, it will be assigned as unverified.
The downside of having an unauthentic trade is the risk of getting downvotes from your friends and colleagues. A large number of downvotes could cause you to be listed in the Madoff leaderboard, where people can detect who’s being untruthful in submitting trades.
Are the Profit.ly mobile app still in use?
At the time of writing, Profit.ly is still available to download via the App Store for Apple and the Google Play store. The mobile app version works with all working smartphones and tablets.
How many people are using Profit.ly?
Profit.ly is currently home to over 150,000 investors and traders as they not only are looking to earn maximum profits but also assist each other to learn and improve in acquiring opportunities on the stock market all over the world.