Stock trading is a high-stakes game. On certain days, you may have the benefit of pleasing and positive numbers. However, on other days you may experience the opposite and it could be extremely difficult to get back to where you were at your best. If you’re constantly stuck in the gutter You will need to realize that relying on instinct and survival is not always enough.
If you’ve suffered losses from time to time, you’re gonna be needing solid advice from seasoned and tested trading experts. Additionally, you’ll require an important boost from fellow traders from around the world, which is why we’ve discovered a platform that can support you in your growth in the market. We’ll be taking an in-depth look at Profit.ly A well-respected one-stop 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. To get a comprehensive overview of Profit.ly, you may still want to check out our article below.
Overall Rating: 4.1/5 Penny Stock On Robin Hood
Value: 4.1/5
Quality: 4.1/5
Costs: 4.1/5
User Experience: 4.5/5
Summary
Profit.ly can be described as an online platform for trading that permits traders of various levels to be knowledgeable responsible, transparent, and to build relationships with each other by offering a wide range of features and tools including chat rooms, trade verification and a rich library of educational material.
What exactly is Profit.ly?
Profit.ly is a trading website which serves as a learning and education platform for people new to trading and also as a platform for traders who are experienced to monitor their performance through the use of sophisticated analytics tools. Providing users with a wide range of resources for communication and trade and letting traders from all walks of life network with one another. It gives the gurus worthy investments within the boundaries of the platform. Imagine it as the social media equivalent the likes of Facebook and Reddit however it is geared towards professionals and traders.
Profit.ly independently checks the performance of trades and then publishes the information from them in the form of leaderboards. The platform for trading is built on honesty and transparency: it guarantees that the trades are authentic and won’t accept fake news as long as it is possible. It was founded years ago by the penny expert in stock trading and investment guru Timothy Sykes, along with his colleague Michael Mosseri.
In an appearance in Forbes magazine Sykes declared that Profit.ly was based “on showing the entire spectrum of trades, something which has never been done before.” The idea Sykes said served two objectives: one) creating public track records for all traders, not just the gurus and newsletter authors and students as well as) making it possible for all users to learn from both the wins and losses to the benefit of the trading industry. Penny Stock On Robin Hood
How Does It How Does It
Profit.ly is a subscription-based platform that lets stock traders gain access to a multitude of services and features geared toward achievement. It is possible to create an account there at no cost, however you’re only limited to having the capability to browse the leaderboards and monitor the activities of non-gurus. If you’re looking to invest your money in order to find out what stocks the experts are trading in real time, you will need to sign up to one of Profit.ly’s deals, which we will go over shortly.
The process of opening an account is simple: Create a profile with your experiences and knowledge, then connect to your brokerage account and you’ll have a chance to shoot through high on the leaderboard. Profit.ly’s leaderboard feature, as mentioned previously was designed to offer its users a look at the performance of the trading community as well as its experts. It’s not only a chance to demonstrate value to a community of traders, as you are also able to use Profit.ly to buy from a guru with the assurance that you’re comfortable of their knowledge and the veracity of their assertions.
If you feel uneasy with the concept of leaking your brokerage account, then you could decide to share your trades, either verified or not, via photographs. Included in Profit.ly are a variety of trading courses as well as the ability to look at stats in a trader’s profile and other methods to connect with your gurus through the chatroom as well as notifications via email or text as well as updates.
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Meet Tim Sykes, the founder: Tim Sykes
Timothy Sykes is a well-renowned day trading guru who is famously known for delving his hands into the penny-stock market. According to Investopedia the term “penny stock” refers to a small company’s shares that trade for less than $5 per share. The penny stock market can be seen as an opportunity for small companies to move into a larger market because it gives them access to capital from the public. But don’t be mistaken – it can also be an extremely risky activity, as Sykes will be able to tell you thanks to his years of experience.
From his beginnings in the latter years of high school, Tim Sykes has, since then, made an estimated $6 million profits during his long and successful career as trader. At 25 years old, he had been given greater exposure and a larger reach of influence when he became part of the reality show “Wall Street Warriors.” He took advantage of it to develop trading rooms, penny stock themes, as well as educational content targeted at those who are new to trading. He also helped to establish Profit.ly as a platform for transparency, and to allow the community to rise and compete against each other on the platform.
The Profit.ly Gurus
One of Profit.ly’s most appealing features is the variety of educational resources, trade alerts, as well as other useful information provided by the platform’s in-house gurus. Gurus are referred to experts in the field of trading who have made substantial amounts of money from their collective years of knowledge. Penny Stock On Robin Hood
At its height, Profit.ly had housed up to five gurus. Each of them a pro within their particular field in the field of trading. Some of the most famous experts were 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: 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 we’ll take a look at the packaged offers each guru offers.
From Tim Sykes: Tim’s Alerts
Sykes offers basic stock trading services which focuses on penny stock day trading through Tim’s Alerts. Costing $74.95 monthly, you’ll be able to be able to see him concentrate on the fundamental catalysts for stocks and utilize them to predict the next moves that could occur when making trades.
A purchase on its own from Tim’s Alerts will get you access to the chatroom as well as the mobile application that is available on iOS as well as Android devices; 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 program. It costs $149.95 per month, this is the perfect plan for those who are more involved in the penny-stock market. Pennystocking Silver offers all the essential features of earlier plans including swing trading alerts as well as unlimited access to a collection of more than 7,000 educational videos, with new ones released weekly.
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In “Superman” Paul Scolardi: Superman Alerts
Scolardi who is known under the alias “Superman,” is a trader who has an eye for both tiny-cap massive stocks as well as wildly accurate marketing forecasts. In the time since the time he started trading, Superman has amassed over $5.5 million in all-time trading profits. Penny Stock On Robin Hood
The Superman Alerts plan is his package of vital features and trading alerts geared toward those who may be interested. For $147 per month, you’ll gain access daily premarket stock watchlist and the mobile app, the 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, plus access to a knowledgeable base of information provided by Superman himself via the Superman Pro package. On top of the essentials that are included in the Alerts package, Superman Pro gives you weekly video lessons, including an ever-growing library of other previous ones. Additionally you’ll also have an access to high-quality research papers and an IPO or earnings monitor.
Profit.ly Plans and Costs
If you’re eager to join the online trading community and leave your mark on the industry, Profit.ly has the right amount of tools to get you started. Profit.ly offers three membership levels, each designed for traders with different levels. Let’s take a look at what these three are and how much they’ll cost you.
Novice Plan
The Novice package is Profit.ly’s beginning-of-the-line plan specifically for those who are just beginning their journey to the trading world. As you sign up for this plan you’ll be provided with a variety of powerful and essential trading tools, each of which is essential to keep your fingers on what we could call a ruthless process in and of itself.
The list of features you can accomplish using Profit.ly’s Novice program is the capability to check trades and track profits; leading, following and even chatting with other traders; and giving feedback on the trades of today. It also allows you to be onto leaderboards; study the results of your analysis, sort, as well as filter trades and lastly, look at other people’s statistics.
The Novice plan is $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 do want to gain the benefit of this service, you should stay tuned as we introduce to you Profit.ly’s new plan.
Trader Plan
The Trader package allows you to use a majority of features from the Novice plan. In this plan, that you can create an individual profile that allows you to share with fellow associate users all the insights and intel in the trading community.
The price is $49.95/month, Profit.ly’s Trader plan will do what the name implies catering to those who desire to develop their trading skills. Although it’s a nice thing however, there’s a crucial aspect that’s not included. In contrast to the Novice package, you will not be able view the statistics of other traders this could be a disadvantage for those who are eager to try this new tier. Penny Stock On Robin Hood
Pro Plan
This is by far the highest premium package that Profit.ly could offer for seasoned traders. It costs $74.95 each month and 22% off for billing annually This plan offers it all. You will have full, unrestricted access to all the features of the previous plans combined.
You’re not only able to look at other people’s statistics, but you’re also given the option of creating your own private profile. Both of these options, in addition to the benefits that you can use to their fullest capacity. If you’re looking for a plan that can serve you with everything you require as an experienced trader, the Pro plan is ideal for you!
Profit.ly’s Other Services
In addition to the training tools and the Leaderboards Profit.ly offers a number of other services they provide. One of those is its online store, where customers can select from a variety of video products created to guide you through the ins and outs of trading. The products listed on this page of the website can be immediately purchased for personal use. Among these products include best-sellers such as”Trading Tickers, “Trading Tickers” series by trader expert Tim Grittani, Timothy Sykes’s collection of DVDs, streaming-only content about short stocking, penny stocking, and other aspects of trading. There are also clips and footage of The Annual Pennystocking Conference, and products from other expert traders.
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Chat rooms integrated into Profit.ly are also part of Profit.ly’s range of features and services. You’re probably familiar with the concept of chat rooms since you will see it on social and messaging platforms and also on a few specialty websites that offer live chat assistance. However, in Profit.ly, it is seen as a place where gurus and their member traders can communicate and share knowledge in real-time. Every guru has their own style in running their chat rooms and dealing with the listed members there. One of them may be laid back and rarely engaged, while another could be more online and communicative in their interactions with students. Think of the chatrooms as Profit.ly’s version of the forum, in the essence.
Who is the ideal trader to Profit.ly?
Profit.ly’s diverse range of products and features are geared towards an array of stock trader types, from beginners to experienced pros. Given the wide range of options it has to offer this platform definitely has something for everyone.
Beginners, for instance, can take advantage of Profit.ly’s library of learning materials available across the platform. Not only will they get daily videos and chat room tips from its in-house gurus as well as their members. Additionally, they can pick from the merchandise available on its store online to carry with them wherever they travel. You can also get hands-on experience trading on the platform, but ultimately they’ll be able to realize 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 decades of experience in the line, we believe Profit.ly equally suitable to the newcomers. While the newbies may not be as proficient in managing trading but the experts already know the way it functions and the plethora of risks associated with it. Ideally, they may make use of Profit.ly’s variety of options to their maximum advantage to develop their skills in trading. As beginners, they are able to learn from the top experts and experts , and use those simple tips and hints throughout the process.
Profit.ly’s “all-inclusive” nature isn’t limited to novices as well as semi-seasoned traders. Experts who have been verified can also participate in the fun! Trade professionals who are at an equal level with Superman or Tim Sykes can also use the power of Profit.ly’s capabilities to showcase their skill to others in order to navigate them through the ever-changing trading process. Penny Stock On Robin Hood
Profit.ly’s Pros and Pros and
The Pros
- Profit.ly’s many capabilities as a “one-stop’ stock trading platform allows it to provide traders everywhere with tons of learning communications, trading, and communication tools
- You will be provided with excellent lessons and insights from its internal experts, which include video libraries that teach you how to learn and live trading activity.
- You’re assured of transparency throughout Profit.ly with precise analytics as well as other traders that are waiting to reach you when something goes wrong.
- The leaderboard feature on the platform gives you the chance to establish your credibility as a trustworthy and dependable trader
- In addition to its primary capabilities, Profit.ly also gives its customers additional options to meet their individual preferences, for instance, posting unauthentic trades via 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
The Cons
- Profit.ly’s numerous products and packages offered might not be enough for the majority of its customers
- As traders may opt to open any kind of trade, there’s the possibility that some of them will profit by picking the most profitable trades to increase the rating – this may be a concern that should not be simply overlooked
- Profit.ly does not offer refunds as its premium users will immediately benefit from the many features the platform is able to provide
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The Final Verdict The Final Verdict: Is Profit.ly Worth It?
If we could think of the answer, it’s a ‘yes’. But it is important to realize that the platform should not be used as a get-rich-quick scheme. The platform wasn’t originally intended to be created for this reason. Instead, it is best to keep curiosity. Penny Stock On Robin Hood
What we do mean”yes” is it could be a useful learning tool. For those who are struggling, they may be able to find Profit.ly’s variety of resources useful when they try their best to reduce loss and perform better than before. It’s not just the struggling traders that will benefit from this platform. It will be able to accommodate beginners as well as even experts in the field!
So, if you genuinely want to become better at trading and wish to learn from your fellows and gurus along the way, then take a look at Profit.ly. Profit.ly may be a great choice to start.
FAQ Penny Stock On Robin Hood
How do you use Profit.ly to publish your trades?
Profit.ly offers an entry section for trades in the ‘My Trade section of the dashboard which lets you record your trades that are verified or not. You may choose between three options:
- Linking your account with your broker of choice and import transactions directly through there
- Manually entering your trades into specified spaces and information.
- Upload a screenshot of your transactions
How do I know whether the trade can be verified or not?
If you purchase your trade from a trusted brokerage, there is an excellent chance that it is verifiable. This is shown by the small blue check. If you upload it manually or through images, it will be assigned as unverified.
The disadvantage of an unverified trade is the risk of getting downvotes from your colleagues. A large number of downvotes could cause you to be listed in the Madoff leaderboard, where users can see who’s untruthful in submitting trades.
Are the Profit.ly mobile app still available?
At the time of writing, Profit.ly is still available to download from the Apple App Store and in the Google Play store. The mobile app version is compatible with most working smartphones and tablets.
How many people are on Profit.ly?
Profit.ly currently houses over 150,000 traders and investors, as they not only are looking to earn maximum profits but also to help one another learn and improve in acquiring opportunities on the stock market all over the world.
