Stock trading can be an extremely risky game. Some days, you could be reaping the benefits of positive and satisfying numbers. However, on other days, the opposite may happen and it could be extremely difficult to return to where you were at your peak. If you’re constantly stuck in the gutter, you will have to recognize that relying on instinct and survival is not always enough.
If you’ve experienced loss from time to time and you’re likely to require solid advice from seasoned and tested trading experts. You’re also gonna need an enormous boost from your colleagues in the market from all over the globe, which is why we’ve identified an option that can help you in your growth in the market. We’ll take the time to look at Profit.ly is a well-known 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 Going Up Today
Value: 4.1/5
Quality: 4.1/5
Costs: 4.1/5
User Experience: 4.5/5
Summary
Profit.ly is an online trading platform that enables traders of various levels to be informed responsible, transparent, and encouraging each other by offering a wide range of features and tools including trade verification, chat rooms, and an enriched library of educational content.
What is Profit.ly?
Profit.ly is a trading site that serves both as a training and learning platform for traders who are starting out as well as a place for traders with experience to keep track of their performance with the help of cutting-edge analytics tools. Offering users a broad range of resources to facilitate trade and communication that help traders from every field of business connect with each other. It offers gurus with worthwhile investments within the confines of the platform. Consider it the social media equivalent the likes of Facebook and Reddit but with a focus on traders and experts.
Profit.ly independently validates trade performance and then publishes the information of them in the manner of leaderboards. The trading platform is built on transparency and honesty: it guarantees that the transactions are legitimate and will not allow for fraud as much as is humanly possible. It was established years ago by the penny stock trade expert and investment expert Timothy Sykes, along with fellow expert Michael Mosseri.
One time during his interview with Forbes publication, Sykes said that Profit.ly was motivated by its focus “on the transparency of all trades, something that has never been prior to.” The idea Sykes said served two purposes: 1) making public records for all traders, not just the gurus as well as newsletter authors and students and secondly) giving anyone on the platform to gain insight into the losses and wins for the trading industry’s benefit. Penny Stock Going Up Today
How Does It Perform?
Profit.ly is a subscription-based platform that allows stock traders to benefit from a variety of features and services aimed towards achieving the success of their business. You may set up an account on the site for free, but you’re only given the capability to browse the leaderboards and monitor 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 it is necessary to sign up to one of Profit.ly’s offers, which we will discuss in the near future.
The process of opening an account is simple: Create a profile with your experiences and skills, join to your brokerage account and you have yourself an opportunity to make your way to the top of the leaderboard. Profit.ly’s leaders’ board feature as we’ve mentioned earlier, is designed to give its users a glimpse of how the community of traders performs as well as its experts. It’s not just a way to demonstrate your worth to a large group of traders, but you are also able to use Profit.ly to purchase from a guru with the assurance that you’re comfortable of their knowledge and the veracity of their assertions.
If you’re not comfortable with the concept of leaking information about your account with a brokerage, then you could decide to share your trades, whether verified or not, via pictures. In Profit.ly are the vast number of trading courses, the ability to view stats in a trader’s profile as well as other ways to connect with your gurus through the chatroom in addition to notifications via email or text 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 efforts in trades in penny stocks. According to Investopedia, a penny stock refers to a small-sized company’s stock that trades for less than $5 per share. The trading of penny stocks could be viewed as an opportunity for small companies to move into a larger market because it gives them access to funds from the public. But don’t make the mistake of thinking that it’s also an extremely risky activity, as Sykes can surely tell thanks to his years of expertise.
From his beginnings at the end of his time in high school, Tim Sykes has, since then, earned an estimated $6 million profits during his long and successful career as trader. When he was 25 years old, he had been given more exposure and a wider influence over time as a participant in the reality TV show “Wall Street Warriors.” He made use of the show to establish trading rooms, penny stock themes, and educational content geared toward those who are just beginning to learn about the trading field. He also helped to establish Profit.ly as a platform for openness, 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 tools, trade alerts and other useful stuff offered by the company’s internal gurus. The gurus in question refer to the trading experts who have made substantial amounts of money from their combined years of knowledge. Penny Stock Going Up Today
At its peak, Profit.ly had housed up to five gurus, all of them a professional within their particular field in the trading industry. Some of the most prominent gurus included Connor Bruggermann, Nathan Michaud of Investors Underground, and Triforce, among a few others. At the time of writing only two gurus remain on this platform: the founder of the penny stock market Tim Sykes and veteran smallcap swing trader Paul Scolardi, also known as Superman. When we take that into account, let’s take a look at the packaged offers each guru can offer.
From Tim Sykes Tim Sykes
Sykes offers basic stock trading services that focuses on penny-stock day trading via Tim’s Alerts. The cost is $74.95 per month, you’ll be able to see him concentrate on the basic stock catalysts and employ them to forecast 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 that’s available to iOS and Android devices, texts, emails, and push alerts; as well as a daily watchlist of stocks.
Tim Sykes: From Tim Sykes: The Pennystocking Silver Package
Pennystocking Silver is the highest-quality version, with an upgraded version of Tim’s Alerts package. At $149.95 for a month it is a great option for investors who are committed to the penny-stock market. Pennystocking Silver offers all the essential features found in the previous plan, such as swing trading alerts as well as unlimited access to a rich library of more than 7,000 instructional videos, with new ones released weekly.
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From “Superman” Paul Scolardi: Superman Alerts
Scolardi who is known under the alias “Superman,” is a professional in swing trading with an eye for both tiny-cap massive stocks as well as wildly accurate marketing forecasts. Through the years since he began as a trader, Superman has amassed over $5.5 million in trading earnings. Penny Stock Going Up Today
The Superman Alerts plan is his package of vital features and trading alerts geared toward those who may be interested. For just $147 per month, you’ll have access daily premarket stock watchlist and the mobile app, daily market updates in real-time, as well as email and SMS alerts.
From “Superman” Paul Scolardi: Superman Pro
At $247/month, you get additional features and access to a knowledgeable base that is 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 the growing collection of the previous ones. In addition, you’ll also get access to premium research reports as well as an IPO and earnings tracker.
Profit.ly plans and costs
If you’re looking 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. Profit.ly offers three membership levels that cater to traders at different levels. Let’s look at what the three tiers are and how much they will cost you.
Novice Plan
This package for novices is Profit.ly’s entry-level plan designed especially for people who are brand new to the trading world. When you sign to this plan, you will be immediately provided with a variety of powerful and vital trading tools, each one of them essential in keeping your hands on what we call a competitive process in and of itself.
The list of features you can do with Profit.ly’s Novice package include the ability to confirm the results of your trades and track profit and follow-up, leading, and even messaging other traders; and giving feedback on the trades of today. It also allows you to be onto leaderboards; study, sort, and filter your trades; and lastly, look at the statistics of other traders.
The Novice plan will cost $29.95 per monthly payment. Although it looks attractive just by the price however, there’s a drawback. It isn’t possible to create a private account, making your personal information public. If you’re interested in gain access to this feature, you should stay tuned as we introduce to you Profit.ly’s new plan.
Trader Plan
The Trader package lets you to take advantage of many of the features of the Novice plan. It is in this plan that you are able to create an account that is private to share with fellow associate users all your knowledge and information you have gained from trader’s community.
The price is $49.95/month, Profit.ly’s Trader plan does what the name suggests caters people who want to improve their expertise in trading. While it’s nice, there is one significant feature that is missing. Unlike the previous Novice package, you won’t be able to see other traders’ stats, which might be a drawback for those anticipating this level. Penny Stock Going Up Today
Pro Plan
This is by far the highest expensive plan Profit.ly can offer to experienced traders. With $74.95 monthly, which includes an additional 22% discount for annual billing the Pro plan has everything. You get full, no-holds-barred access to all the options of the previous plans.
You’re not only able to view other people’s stats, but you’re also given the option of creating a private profile. Both of these features, in addition to the advantages that you can utilize to the maximum extent. If you’re looking for an option that gives all the features you need to be an experienced trader, the Pro tier could be for you!
Profit.ly’s Other Services
In addition to the trainer tools and Leaderboards Profit.ly offers a number of more services it has to offer. One of those is its online store, where customers can select from a variety of video products that are designed to educate and provide guidance on the ins and outs of trading. The products listed on this page of the website is available to be purchased immediately for personal use. Some of these include bestsellers like the “Trading Tickers” series from trading specialist Tim Grittani, Timothy Sykes’s collection of DVDs and streaming-only content on penny stocking, short stocking, and other related to trading, videos and scenes of The Annual Pennystocking Conference, and products from other expert traders.
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The chat rooms that are integrated are as well part of Profit.ly’s array of services and features. You’re probably familiar with chat rooms since you will see it on messaging and social platforms, in addition to a few special 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 share knowledge in real-time. Each guru has their style in operating their chat room and dealing with the members there. One might be laid back and not very often active, while another might be more online and communicative to their pupils. Think of the chat rooms as Profit.ly’s version of the forum in its essence.
Who is the best trader to Profit.ly?
Profit.ly’s wide range of products and features cater to an array of stock traders, from novices to experienced professionals. With the variety of deals it offers this platform definitely has something for every person.
For instance, newbies will appreciate Profit.ly’s knowledge-based content offered throughout the platform. They will also get daily videos and chat room advice from its in-house gurus and their members. They’ll also be able to pick from the merchandise available on its store online that they can take with them wherever they go. You can also get hands-on experience trading on the platform, however they’ll be able to realize that the process is a risky game that shouldn’t be taken as an opportunity to make fun of.
For the traders with years of exposure down the line, we believe Profit.ly as equally as suitable for them as it is for those who are just starting. While novice traders may not be as well-equipped with handling trading matters however, experienced traders know the way it functions and the risky mix that come with it. It is ideal to use Profit.ly’s variety of features to their best advantage to develop their skills in trading. Like beginners, they can learn from the experts as well as experts, and take advantage of quick tips and tidbits throughout the process.
Profit.ly’s “all-in” approach does not only apply to beginners as well as semi-seasoned traders. Certified experts can also take part in the enjoyment! Trade professionals who are on the same level as Superman and Tim Sykes can also use Profit.ly’s capabilities. Profit.ly’s capabilities to showcase their expertise to other traders in order to guide them through the ever-illustrious trading process. Penny Stock Going Up Today
Profit.ly’s Pros and Cons
The Pros
- Profit.ly’s diverse capabilities as a “one-stop’ stock trading platform allows it to provide traders everywhere with tons of learning communications, trading, and communication tools
- You get to be taught by experts and tips from the internal experts, which include collections of educational videos as well as trading in real-time.
- You can be sure of complete transparency through Profit.ly by using accurate data as well as fellow traders that are waiting to reach you out whenever something happens
- The leaderboard feature of the platform offers you the chance to establish your reputation as a reliable and verifiable trader
- In addition to its primary abilities, Profit.ly also gives its customers additional options to meet their individual preferences, for instance, posting unauthentic trades via photographs
- Profit.ly’s variety of subscription levels and guru packages are priced at reasonable prices There’s something for all
The Cons
- Profit.ly’s bountiful stream of products and packages offered might be too much for the majority of its customers
- If traders decide to make any type of trade, there is a possibility that some of them may take advantage by picking the most profitable trades to increase the rating this could be a problem that shouldn’t be ignored.
- Profit.ly does not accept refunds, as the premium customers are expected to immediately benefit from the number of features the platform is able to provide
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The Final Concluding Question The Final Verdict: Is Profit.ly Worth It?
If we were able to come up with the answer, it’s yes. But it is important to realize that this platform shouldn’t be viewed as a get-rich-quick scheme. The platform wasn’t originally designed to be used in this way. Instead, it is best to keep curiosity. Penny Stock Going Up Today
What we are referring to”yes” is it can be a great learning tool. People who are stuck might discover Profit.ly’s variety of resources helpful in their efforts to reduce losses and be more successful than before. Not only struggling traders who will benefit from this platform. It will be able to accommodate beginners as well as even experts in the field!
So, if you genuinely care about being better at trading and wish to be taught by your fellows and gurus on the way, look no further – Profit.ly could be a good option to begin.
FAQ Penny Stock Going Up Today
What are the best ways to use Profit.ly to make your trades public?
Profit.ly has a trade entry portion within the “My Trade’ category of the dashboard which lets you record your trades, verifiable or not. You may choose between three options:
- Linking your account to the brokerage of choice and importing transactions directly through there
- Manually entering your trades using specified spaces and information.
- Send a screen shot of your trades
How do I know whether the trade is authentic or not?
If you buy your trade from a trusted brokerage, there is a high likelihood that it can be verified. This is indicated with the small blue check. If you upload it in a manual way or by taking screenshots, it will automatically be classified as unverified.
The disadvantage of an unverified 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, which is where the public can see who’s dishonest in posting trades.
Are the Profit.ly mobile app still in use?
As of this writing, Profit.ly is still available to download from the Apple App Store and on the Google Play store. The mobile version of the app is compatible with most working smartphones and tablets.
How many people are currently connected to Profit.ly?
Profit.ly currently houses over 150,000 investors and traders as they not only are seeking to make the most profit but also to help one another develop and grow in their ability to take advantage of opportunities in the stock market left and right.