The stock market can be a high-stakes game. On some days, you could enjoy the benefits of pleasing and positive numbers. On other days, however it could be the reverse and it could be extremely difficult to return to where you were your peak. If you find yourself immersed in the water it is important to recognize that relying on instinct and survival is not always enough.
If you’ve suffered occasional losses, you’re gonna be needing sound advice from tried-and-tested trading experts. Additionally, you’ll require a significant boost from your colleagues in the market from all over the globe. That’s why we’ve discovered an option that can help you in your improvement in the market. This review will take a 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. To get a comprehensive overview of Profit.ly, you may still want to check out our article below.
Total Rating: 4.1/5 Penny Stock Gainers Today
User Experience: 4.5/5
Profit.ly offers an internet-based trading service that allows traders of different levels to be knowledgeable responsible, transparent, and to build relationships with each other by offering a wide array of tools and features such as chat rooms, trade verification as well as an extensive library of educational material.
What is Profit.ly?
Profit.ly is a trading site that serves both as a learning and training platform for people new to trading and as a hub for traders with experience to keep track of their performance using the aid of advanced analytics tools. Offering users a broad array of options to facilitate trade and communication, it helps traders from every field of business connect with one another. It gives the gurus an opportunity to invest in the right areas that the site. Imagine it as a social media site akin the likes of Facebook and Reddit, but for traders and experts.
Profit.ly independently validates trade performance and posts all the data from them in the form of leaderboards. The platform’s trading model is based on honesty and transparency: it ensures that the transactions are legitimate and will not accept fake news as long as is humanly possible. It was founded in the past by penny stock trade expert and investment guru Timothy Sykes, along with his colleague Michael Mosseri.
One time , during an appearance in Forbes magazine Sykes declared that Profit.ly was driven by its focus “on the transparency of all trades, something that was never previously done.” The idea Sykes said served two objectives: one) creating public track records for all traders, not just the gurus, but also the newsletter writers and students and secondly) making it possible for everyone on the platform to gain insight into both losses and wins for the trading industry’s benefit. Penny Stock Gainers Today
How Does It Perform?
Profit.ly follows a subscription-based model which allows stock traders to have access to a range of tools and services that are geared toward success. It is possible to create an account for free, but you’re limited to the capability to browse the leaderboard and observe the activities of people who aren’t gurus. If you’re ready to invest your money and see which stocks the gurus are trading in real-time You’ll need to subscribe to any of Profit.ly’s offers, which we will discuss in the near future.
Making an account simple: Create a profile with your experiences and knowledge, then connect to your brokerage account and you’ll have an opportunity to make your way up to high on the leaderboard. Profit.ly’s leaderboard feature, as previously mentioned was designed to offer its users a glimpse of their performance as a trading group and its gurus. It’s not only a chance to show value to a group of traders, as you can also utilize Profit.ly to shop with a professional with the confidence that you are confident of their knowledge and the credibility of their assertions.
If you are unsure about the idea of divulging your brokerage account, you may opt to post your trades, either verified or not, by taking photographs. Also included in Profit.ly are the vast number of trading courses, the ability to view the stats of a trader’s account, and more ways to communicate with your gurus in the chatroom, 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 trading guru who is well-known for his involvement in trades in penny stocks. According to Investopedia, a penny stock refers to a small company’s stock that trades for under $5 for each share. Penny stock trading is an opportunity for small-scale businesses to make the transition to a large marketplace as they can access funds from the public. But don’t make the mistake of thinking that it can also be a high-risk game, which Sykes can surely tell through his many years of expertise.
Since his initial beginnings at the end of his time in high school, Tim Sykes has, since then, earned more than $6 million in profits throughout his illustrious career as trading professional. At 25 years old, he had been given greater exposure and a larger impact when he became part of the reality show “Wall Street Warriors.” Then, he took advantage of it to create trading rooms and penny stock themes and educational material aimed at those who are new to the trading field. He also helped to establish Profit.ly as a place for transparency and for the community to uplift and compete with each other on the platform.
The Profit.ly Gurus
One of Profit.ly’s most appealing features is the variety of learning resources, trade alerts, and other helpful stuff provided by the company’s internal gurus. Gurus are referred to the trading experts who have earned substantial profits through their years of expertise. Penny Stock Gainers Today
At its peak, Profit.ly had housed up to five gurus, each of them a pro in their field of expertise in the trading industry. Some of the prominent experts 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 the platform: Founder of the penny stock market Tim Sykes and veteran smallcap swing trader Paul Scolardi, also known as Superman. With that taken into consideration Let’s look at the packaged offers each guru can offer.
From Tim Sykes Tim Sykes
Sykes offers basic stock trading services with the main priority being penny stock day trading through Tim’s Alerts. The cost is $74.95 for a month you’ll see him focus on the fundamental catalysts for stocks and utilize them to forecast the next moves that could occur when making trades.
A purchase on its own in Tim’s Alerts will get you access to the chatroom and the mobile application that is available for iOS and Android devices, text, e-mail, 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 package. It costs $149.95 monthly, it is the perfect plan for those who are invested in the penny-stock market. Pennystocking Silver offers all the essential features of the previous plan, such as swing trading alerts and unlimited access to a rich collection of more than 7,000 educational videos and new videos released every week.
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From “Superman” Paul Scolardi: Superman Alerts
Scolardi, who goes by the name “Superman,” is a professional in swing trading with an eye for tiny-cap massive stocks as well as wildly accurate marketing forecasts. In the time since he began as a trader, Superman has amassed over $5.5 million in total trading earnings. Penny Stock Gainers Today
The Superman Alerts plan is his offer of the most essential features and alerts on trading geared to those interested. For just $147 per month, you’ll have access daily stock watchlist that is premarket and the mobile app, daily market commentary in real-time, as well as SMS and e-mail alerts.
In “Superman” Paul Scolardi: Superman Pro
For the price of $247, you receive additional features, plus access to an extensive base of knowledge provided by Superman himself through his Superman Pro package. In addition to the basic features included in the Alerts package, Superman Pro gives you weekly video lessons, including the growing collection of previous lessons. On top of that, you’ll also get access to premium research reports and an IPO and earnings tracker.
Profit.ly Plans and Costs
If you’re looking to join the online trading community and leave your mark on the field, Profit.ly has the right amount of resources to help you started. Profit.ly offers three membership tiers, each designed for traders at different levels. Let’s break down what these three levels are and what they’ll cost you.
This package for novices is Profit.ly’s basic plan that is designed specifically for those who are new to the trading world. As you sign up for this package you’ll be given a slew of robust and essential trading tools, all of which is essential to keep your fingers on what we call a competitive procedure in its own.
Some of the features you can do using Profit.ly’s Novice program is the capability to check trades and track profits; leading, following and even texting other traders; and providing feedback on trades today. You can also get on leaderboards; analyze your trades, sort or filter the trades you make; and lastly, look at other’s stats.
The Novice plan will cost $29.95 per monthly payment. Although it looks attractive simply because of 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 the benefit of this service, you should stay tuned as we introduce to you Profit.ly’s next plan.
The Trader Plan
The Trader package lets users to benefit from many of the features of the Novice plan. This plan allows that you can create a private profile to share with other associate users all the insights and information you have gained from trader’s community.
Priced at $49.95/month, Profit.ly’s Trader plan will do what the name implies caters people who want to develop their trading skills. While it’s nice, there is one significant feature that is missing. As opposed to the prior Novice package, you won’t be able to view other traders’ stats, which could be a problem for those looking forward to this tier. Penny Stock Gainers Today
The Professional plan can be described as the highest luxurious package Profit.ly can offer to experienced traders. With $74.95 per month, which includes 22% off when billed annually, this tier has everything. You get full, no-holds-barred access to all the options of the previous plans combined.
You’re not only able to look at other people’s statistics as well, you’re also offered the chance to create your own private profile. These two features are in addition to the advantages you’ll be able to use to the maximum extent. If you’re in search of an option that gives you everything you need as trader with experience, the Pro level is for you!
Profit.ly’s Other Services
In addition to the training tools and the leaderboards, Profit.ly has a few additional services that it can provide. One of them is the online store, where customers can choose from a wide array of videos created to provide guidance on the ins and outs of trading. The products listed on this page of the website is available to be immediately purchased for personal use. Some of these include bestsellers like the “Trading Tickers” series from trading expert Tim Grittani, Timothy Sykes’s collection of DVDs and streaming-only content related to short stocking, penny stocking, as well as all aspects of trading. There are also clips and footage of the Annual Pennystocking Conference, and items from other experts in trading.
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The integrated chat rooms are included in Profit.ly’s variety of features and services. You’re probably familiar with the concept of the chat room as you can see it across social and messaging platforms in addition to a few special websites that provide live chat assistance. But in Profit.ly, it is seen as a real-time place where gurus and their member traders can communicate and learn in real time. Every guru has their own way when it comes to running their chat room and dealing with the listed members there. One of them may be a laid-back person who is rarely active, while another might be more online and communicative to their pupils. Think of the chatrooms as 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 an array of stock trader types, from beginners to experienced pros. Considering the number of offers it has to offer this platform definitely has something for all.
For instance, newbies will appreciate Profit.ly’s library of learning content offered throughout the platform. In addition, they will be enriched with weekly videos and chat room advice by its internal gurus as well as their members. They’ll also be able pick from the merchandise available from its online store to carry with them wherever they may go. You can also get hands-on experience trading on the platform, but eventually they’ll be able to realize that this is a high-stakes game that shouldn’t be taken as an amusing pastime.
For the traders with years of exposure down the road, we consider Profit.ly as equally as suitable to them as those who are just starting. While novice traders may not be as well-equipped with managing trading, the pros already understand the way it functions and the stack full of risks that it carries. It is ideal to make use of Profit.ly’s range of features to their full advantage to develop their trading abilities. Like beginners, they can learn from the top experts and experts and utilize those quick tips and tidbits along the way.
Profit.ly’s “all-inclusive” nature doesn’t just apply to newbies and semi-experienced traders. Certified experts can also take part in the enjoyment! Those in the trading industry who are on the same level as Superman as well as Tim Sykes can also use the power of Profit.ly’s abilities to show off their skill to others as a way to help navigate them through the ever-changing trading process. Penny Stock Gainers Today
Profit.ly’s Pros and Cons
- Profit.ly’s diverse capabilities as a “one-stop’ stock trading platform enable traders across the globe with tons of learning communications, trading, and communication tools
- You’ll be taught by experts and insights from its inside experts, as well as collections of educational videos as well as real-time trading activities
- You’re guaranteed transparency throughout Profit.ly with accurate analytics and fellow traders who are ready to reach you out if something occurs.
- The platform’s leaderboard feature gives you the chance to establish your credibility as a trustworthy and authentic trader
- Apart from its main features, Profit.ly also gives its users extra options to suit their individual preferences, for instance, posting unverifiable trades through images
- Profit.ly’s wide array of subscription levels and guru packages are priced at a reasonable cost – there truly is something for every person
- Profit.ly’s abundance of packages and products offered may be too much for a lot of its customers
- If traders decide to open any kind of trade, there is the possibility that some of them could profit from picking the most profitable trades to boost their rating – this may be a problem that shouldn’t be simply overlooked
- Profit.ly will not allow refunds as its premium users are expected to immediately benefit from the number of services the platform has to offer
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The Final Concluding Question: Is Profit.ly Valued?
If we could come up with the answer, it’s a ‘yes’. However, you must realize that it shouldn’t be treated as a get-rich-quick scheme. The platform was not always intended to be created in this way. Instead, you need to have the ability to think with an open heart. Penny Stock Gainers Today
What we are referring to”yes” is it can be a great learning tool. Those who may be stuck could discover Profit.ly’s range of resources useful in their efforts to incur lesser losses and be more successful than they did before. It’s not only the poor traders that can benefit from the platform. It can accommodate beginners and even experts in the field!
So, if you genuinely want to become better at trading and wish to learn from your peers and experts on the way, take a look at Profit.ly. Profit.ly is a fantastic choice to start.
FAQ Penny Stock Gainers Today
How can you make use of Profit.ly to publish your trades?
Profit.ly offers an entry section for trades within the ‘My Trade’ category of the dashboard. It lets you post your trades, verifiable or not. You may choose between three options:
- Connecting your account to your brokerage of choice and importing trades directly from there
- Manually inputting your trades with the spaces provided and details
- Send a screen shot of your transactions
How do I know whether the trade is authentic or not?
If you purchase your trade through a reliable brokerage, there’s an excellent probability that it’s verifiable. This is shown by the blue check mark. If you post the information manually or via screenshots, it will automatically be assigned as unverified.
The drawback of posting an unverified trade is the risk of receiving negative feedback from colleagues. A large number of downvotes could result in you appearing in the Madoff leaderboard, where users can see who’s dishonest in posting trades.
Is the Profit.ly mobile application still available?
As of the moment, Profit.ly is still available to download via the Apple App Store and in the Google Play store. The mobile app version is compatible with most operating tablets and smartphones.
How many are connected to Profit.ly?
Profit.ly currently houses over 150,000 traders and investors, because they are not just looking to earn maximum profits but also help each other learn and improve in acquiring opportunities in the stock market left and right.