The stock market can be an extremely risky game. On certain days, you may enjoy the benefits of positive and satisfying numbers. However, on other days it could be the reverse and it could be extremely difficult to get back to where you were at your best. If you are immersed in the water You will need to realize that relying on your instincts and preserving might not be enough.
If you’ve been incurring occasional losses You’ll need sound advice from tried-and-tested trading experts. Also, you’ll need a significant boost from your fellow traders from around the globe, which is why we’ve found an option that can help you to improve your performance in the industry. This review will be taking the time to 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.
Overall Rating: 4.1/5 Penny Stock Ev Companies
Value: 4.1/5
Quality: 4.1/5
Costs: 4.1/5
Users Experience 4.5/5
Summary
Profit.ly is an online trading platform that allows traders of all levels to be informative, transparent, accountable, and uplifting with each other by offering a wide range of features and tools including trade verification, chat rooms as well as an extensive library of educational content.
What is Profit.ly?
Profit.ly is a site for trading which serves as a learning and training platform for people who are just beginning their journey and as a hub for experienced traders to track their performance through the use of sophisticated analytics tools. Providing users with a wide array of options for communication and trade and letting traders from every field of business connect with one another. It also allows gurus to make an opportunity to invest in the right areas of the platform. Consider it the social media equivalent like Facebook and Reddit, but for traders and experts.
Profit.ly independently verifies trade performances and publishes all data from them in the style of leaderboards. The trading platform is built on trust and transparency. it ensures that the trades are valid and won’t accept fake news as long as it is possible. It was founded many years ago by penny expert in stock trading and investment guru Timothy Sykes, along with fellow expert Michael Mosseri.
One time , during an interview for Forbes magazine, Sykes stated that Profit.ly was based “on the transparency of all trades, something that has never been done before.” The concept Sykes said served two purposes: 1) keeping track of public data for everyone, not just the experts, but also the students and newsletter writers, and 2) making it possible for everyone on the platform to be enlightened by both the wins and losses for the trading industry’s benefit. Penny Stock Ev Companies
How Does It How Does It
Profit.ly follows a subscription-based model that lets stock traders gain access to a multitude of tools and services that are geared towards achieving achievement. You may set up an account for free, but you’re only given the ability to navigate through the leaderboards and monitor the activities of people who aren’t gurus. If you’re ready to invest your money in order to find out what stocks the experts are trading in real time, you will need to join one of Profit.ly’s offers, which we will discuss in the near future.
The process of opening an account is simple: Create an account with your experience and skills, join to your brokerage account and you have yourself a chance to shoot your way up to the top of the leaderboard. Profit.ly’s leaderboard feature, as we’ve mentioned earlier 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 demonstrate your worth to a group of traders. You are also able to use Profit.ly to purchase with a professional with the confidence that you are confident of their knowledge and the credibility of their claims.
If you’re not comfortable with the idea of sharing the details of your broker account then you could choose to publish your trades, either verified or not, via screenshots. Also included in Profit.ly are a variety of trading courses, the ability to view the stats of a trader’s account as well as other ways to connect with your gurus in the chatroom, along with text and e-mail alerts and updates.
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Meet the Founder: Tim Sykes
Timothy Sykes is a well-renowned day trading personality who is famously known for his involvement in the penny-stock market. According to Investopedia the term “penny stock” refers to a small-sized company’s stock that trades for just less than 5 cents per share. Penny stock trading is an opportunity for small-scale businesses to make the transition into a larger market because it gives them access to capital from the general public. But don’t be mistaken – it’s also a high-risk game, which Sykes will be able to tell you thanks to his years of expertise.
From his beginnings at the end of his time in the high schools, Tim Sykes has, since then, earned more than $6 million in earnings through his lengthy career as trader. At the age of 25 Sykes was given more exposure and a wider impact when he became part of the reality series “Wall Street Warriors.” Then, he 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 openness, and for the community to lift each other up and compete with each other on the platform.
The Profit.ly Gurus
One of Profit.ly’s sweet inclusions is the vast array of education tools, trade alerts as well as other useful information provided by the platform’s in-house gurus. These gurus refer to the trading experts who have earned substantial amounts of money through their years of knowledge. Penny Stock Ev Companies
At its height, Profit.ly had housed up to five gurus. Each of them a pro within their particular field in the trading industry. Some of the most prominent experts included Connor Bruggermann, Nathan Michaud of Investors Underground, and Triforce, among a few others. As of this writing, 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. In light of that Let’s look at the packaged offers each guru offers.
From Tim Sykes Tim Sykes: Tim’s Alerts
Sykes provides basic stock trading services which focuses on penny-stock day trading via Tim’s Alerts. Costing $74.95 monthly, you’ll be able to be able to see him concentrate on the fundamental stock catalysts and use them to anticipate the next possible moves in trading.
A purchase on its own from Tim’s Alerts will get you access to the chatroom, as well as the mobile app available for iOS and Android devices; text, e-mail, and push alerts; and a daily stock watchlist.
from Tim Sykes: The Pennystocking Silver Package
Pennystocking Silver is the most premium, upgraded version of the Tim’s Alerts package. Priced at $149.95 for a month it is the perfect plan for investors who are committed to investing in penny stocks. Pennystocking Silver comes with all the standard features that were included in the previous plan, including swing trading alerts as well as unlimited access to an extensive library of more than 7,000 instructional videos that are updated each 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 both massive stocks of the small-cap size and insanely accurate marketing forecasts. Since when he first started trading, Superman has amassed over $5.5 million in total trading earnings. Penny Stock Ev Companies
The Superman Alerts package is his package of vital features and trading alerts targeted towards those who might be interested. For $147 per month, you’ll gain access to the daily premarket stock watchlist and the mobile application, daily market commentary in real time, and email and SMS alerts.
In “Superman” Paul Scolardi: Superman Pro
For the price of $247, you receive additional features, plus access to a knowledgeable base 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 daily video lessons, which include a growing library of all previous lessons. On top of that you’ll also gain the ability to access premium reports on research and the IPO or earnings monitor.
Profit.ly Plans and Costs
If you’re ready to join the online trading community and leave a mark in the industry, Profit.ly has the right amount of resources to help you started. The platform has three membership tiers that are designed to accommodate traders with different levels. Let’s break down what these three are and how much they’ll cost you.
Novice Plan
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. When you sign to this plan, you will be immediately given a slew of robust and indispensable trading tools, all of them integral in keeping your fingers on what we can describe as a cutthroat procedure in its own.
The list of features you can accomplish using Profit.ly’s Novice package is the capability to check trades and track profits; leading, following and even chatting with your fellow traders, as well as leaving feedback on today’s trades. It also allows you to be on leaderboards, analyze the results of your analysis, sort, and filter your trades and, finally, see other’s stats.
The Novice plan costs $29.95 per month. Although it might look appealing simply because of the price but there’s a disadvantage. It isn’t possible to create a private account, making your actions public. If you do want to have the benefit of this service, keep an eye on us as we present to you Profit.ly’s next plan.
Trader Plan
The Trader plan allows users to benefit from a majority of features from the Novice plan. In this plan, that you can create an individual profile that allows you for sharing with fellow associates all your insights and intel in the trading community.
Priced at $49.95/month, Profit.ly’s Trader plan is exactly what it says: Cater for those looking to improve their skills in trading. As nice as it seems but there’s one important element that’s missing. In contrast to the Novice package, you won’t be able to view other traders’ stats that could be a problem for those looking forward to this tier. Penny Stock Ev Companies
Pro Plan
The Pro plan is the most expensive plan Profit.ly can offer to experienced traders. It costs $74.95 per month, which includes 22% off when billed 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 view other people’s stats as well, you’re also offered the chance to create a private profile. Both of these options, on top of all the advantages you’ll be able to use 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 plan is for you!
Profit.ly’s Other Services
In addition to the trainer tools and Leaderboards Profit.ly has a few other services they provide. One of these is its online store, which allows users to select from a variety of videos that are designed to educate and provide guidance on the ins and outs of trading. The products listed in this section of the website can be bought immediately for your personal use. Among these products include best-sellers like”Trading Tickers, “Trading Tickers” series from trading professional Tim Grittani, Timothy Sykes’s collection of DVDs and streaming-only content about short stocking, penny stocking, and other related to trading, videos and clips of the Annual Pennystocking Conference, and other products by expert traders.
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Chat rooms integrated into Profit.ly are as well part of Profit.ly’s range of services and features. You may be familiar with the chat room since you can see it across social and messaging platforms and also on a few specialty websites that offer live chat assistance. But on Profit.ly it’s seen as a hands-on place where gurus and their members can interact and exchange 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. One of them may be laid back and rarely engaged, while another could be more online and communicative with their students. Consider chat rooms as Profit.ly’s version of the forum, in essence.
Who is the best Trader for Profit.ly?
Profit.ly’s variety of offerings and features are geared towards an array of stock trader types, from novices to the most experienced. With the variety of deals it has to offer it is certain to have something for all.
For instance, newbies will enjoy Profit.ly’s library of learning information available on the platform. In addition, they will be enriched with weekly videos and chat room tips from the in-house experts and members. They’ll also be able choose from the items in its online store to carry with them wherever they travel. Additionally, they can gain practical experiences from trading within the platform, however they’ll be able to realize that trading is a risky game that should not be viewed as an amusing pastime.
For the traders with decades of experience in the line, we believe Profit.ly as equally as suitable to people who are just beginning. While novice traders may not be as well-equipped with dealing with trading issues but the experts already know the way it functions and the risky mix that it carries. Ideally, they may use Profit.ly’s variety of options to their maximum advantage to enhance their trading skills. As beginners, they are able to learn from the top experts as well as experts, and take advantage of quick tips and tidbits along the way.
Profit.ly’s “all-inclusive” nature does not only apply to beginners and semi-experienced traders. Experts who have been verified can also participate in the fun! People in the trade industry who are at similar levels to Superman and Tim Sykes can also use Profit.ly’s capabilities. Profit.ly’s capabilities to showcase their skill to others as a way to guide them through the ever-illustrious trading process. Penny Stock Ev Companies
Profit.ly’s Pros and Pros and
The Pros
- Profit.ly’s numerous capabilities as a ‘one-stop’ stock trading platform enable it to provide traders everywhere with tons of learning communications, trading, and communication tools
- You will be provided with excellent lessons and advice from the company’s internal experts, which include video libraries that teach you how to learn and real-time trading activities
- You’re guaranteed transparency throughout Profit.ly with accurate analytics as well as fellow traders ready to call you when something goes wrong.
- The leaderboard feature of the platform offers you the opportunity to increase your credibility as a trustworthy and authentic trader
- Apart from its core features, Profit.ly also gives its customers additional options to meet their preferences, such as posting trades that are not authentic by taking screenshots
- Profit.ly’s variety of packages and subscription levels are priced at affordable rates There is truly something for everyone
The Cons
- Profit.ly’s bountiful stream of products and packages offered might seem overwhelming for the majority of its users
- If traders decide to make any type of trade, there’s an opportunity that some them will profit by selecting the best trades in order to increase the rating this could be a risk that shouldn’t be overlooked.
- Profit.ly does not accept refunds because the premium customers will immediately benefit from the many services that the platform can offer
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The Final Verdict is: Is Profit.ly worth it?
If we could come up with an answer to this question, it would be a ‘yes’. But you need to understand that this platform shouldn’t be viewed as a quick-fix scheme to make money. The platform was not always meant to be designed for this reason. Instead, you need to have an open mind. Penny Stock Ev Companies
What we mean”yes” is that it is a fantastic learning tool. People who are stuck may find Profit.ly’s range of resources useful in their efforts to reduce loss and perform better than before. It’s not only the struggling traders that will benefit from this platform. It will be able to accommodate beginners as well as even experts!
If you truly want to become better at trading and wish to be taught by your mentors and peers throughout the process, then look no further – Profit.ly could be a good alternative to start.
FAQ Penny Stock Ev Companies
What are the best ways to use Profit.ly to post your trades?
Profit.ly has the option of allowing trade entries under the My Trade section of the dashboard. It lets you post your trades, verifiable or otherwise. You may choose between three options:
- Connecting your account to your brokerage of choice and then importing transactions directly through there
- Manually entering your trades using the spaces provided and details
- Upload a screenshot of your transactions
How do I know whether the trade is authentic or not?
If you purchase your trade from a reputable brokerage, there’s the chance that it is verifiable. This is indicated with the blue check mark. If you post it in a manual way or by taking screenshots, it will automatically be assigned as unverified.
The drawback of posting an unauthenticated trade is the possibility of getting downvotes from your colleagues. If you receive too many negative votes, it could cause you to show up at the top of the Madoff leaderboard, where users are able to identify who is fraudulent in posting trades.
Is the Profit.ly mobile app still available?
At the time of writing, Profit.ly is still available to download via the Apple App Store as well as on the Google Play store. The mobile version of the app works with all working smartphones and tablets.
How many are connected to Profit.ly?
Profit.ly is currently home to over 150,000 investors and traders, since they’re not just looking to earn maximum profits but also to help one another grow and learn more about acquiring stock market opportunities left and right.
