Stock trading is a high-stakes game. On certain days, you could have the benefit of positive and satisfying numbers. On other days, however you may experience the opposite and it can be extremely difficult to get back to the point you were at your most productive. If you are always in the mud You will need to recognize that relying on instinct and survival is not always enough.
If you’ve suffered loss from time to time and you’re likely to require solid advice from seasoned 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 a platform that can support you in your improvement in the industry. We’ll be taking a look at Profit.ly is a well-known 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 Robinhood
Value: 4.1/5
Quality: 4.1/5
Costs: 4.1/5
User Experience: 4.5/5
Summary
Profit.ly offers an internet-based trading service that allows traders of different levels to be informative and accountable, as well as transparent and encouraging one another through its wide range of features and tools such as chat rooms, trade verification and a rich library of educational content.
How do I define Profit.ly?
Profit.ly is a site for trading that serves both as a learning and training platform for those new to trading and also as a platform for experienced traders to track their performance using the aid of cutting-edge analytics tools. Providing users with a wide range of resources for trade and communication, it helps traders from every field of business connect with each other. It offers gurus with worthy investments within the boundaries of the platform. Consider it the social media equivalent the likes of Facebook and Reddit however it is geared towards experts and traders.
Profit.ly independently validates trade performance and publishes all data from them in the form of leaderboards. The platform for trading is built on honesty and transparency: it ensures that the trades are authentic and won’t tolerate inauthenticity as much as possible. It was established many years ago by penny stock trade expert and investment expert Timothy Sykes, along with fellow expert Michael Mosseri.
One time during his appearance in Forbes magazine Sykes stated that Profit.ly was based “on the transparency of the entire spectrum of trades, something which was never done before.” The idea, he added, served two goals: 1.) keeping track of public data for all traders, not just the gurus and newsletter writers and students and secondly) making it possible for all users to learn from the losses and wins to benefit the industry of trading. Penny Stock On Robinhood
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 at achieving achievement. You can create an account on the site for free, but you’re only limited to having the ability to navigate through the leaderboards and monitor the activities of non-gurus. If you’re ready 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 that we’ll review in the coming days.
Making an account easy: create an account with your experience and skills, join to your brokerage account and you’ll be given the chance to climb your way up to high on the leaderboard. Profit.ly’s Leaderboard function, which was previously mentioned, is designed to give its users a look at their performance as a trading group as well as its experts. It’s not just a way to show your worth to a large group of traders. You can also utilize Profit.ly to purchase with a professional with the confidence that you are confident in their skills and the veracity of their assertions.
If you’re not comfortable with the idea of divulging information about your account with a brokerage, you may decide to share your trades, whether verified or not, via pictures. Also included in Profit.ly is the huge selection of courses in trading and the capability to see stats in a trader’s profile, and more ways to connect with your gurus through the chatroom in addition to text and e-mail alerts and updates.
> > Click Here to Check Out Profit.ly < <
Meet the Founder: Tim Sykes
Timothy Sykes is a well-renowned day trader who is well-known for delving his hands into the penny-stock market. According to Investopedia, a penny stock refers to a small company’s stock which trades at just less than 5 cents per share. The penny stock market could be viewed as an opportunity for small businesses to transition to a large marketplace as they can access funds from the general public. But don’t make the mistake of thinking that it can also be a high-risk game, which Sykes is sure to reveal through his many years of expertise.
Since his initial beginnings in his late years in High School, Tim Sykes has, since then, earned an estimated $6 million earnings through his lengthy career as trader. When he was 25 years old, he had been given greater exposure and a larger influence over time when he became part of the reality TV show “Wall Street Warriors.” He then took advantage of it to develop trading rooms, penny stock themes, and educational content geared toward people who are brand new to trading. He also helped establish Profit.ly as a platform for openness, and to allow the community to rise and compete against each other through the platform.
The Profit.ly Gurus
One of Profit.ly’s amazing features is the vast array of education tools, trade alerts as well as other useful information provided by the platform’s in-house gurus. The gurus in question refer to the experts in trading who have made substantial profits from their collective years of experience. Penny Stock On Robinhood
At its peak, Profit.ly had housed up to five gurus, all of them a professional in their field of expertise in the field of trading. Some of the most prominent experts included Connor Bruggermann, Nathan Michaud of Investors Underground, and Triforce among others. At the time of writing however, 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 packages each guru offers.
From Tim Sykes Tim Sykes: Tim’s Alerts
Sykes provides basic stock trading services that focuses on penny-stock day trading via Tim’s Alerts. The cost is $74.95 for a month you’ll see him focus on the basic stock catalysts and employ them to anticipate the next move that is possible when trading.
A standalone purchase of Tim’s Alerts will get you access to the chatroom, as well as the mobile app available on iOS and Android devices, as well as email, text, and push alerts; as well as a daily watchlist of stocks.
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 this is an ideal plan for those who are more invested in the penny-stock market. Pennystocking Silver offers all the essential features that were included in earlier plans which includes alerts for swing trading and access to an extensive collection of more than 7,000 educational videos, with new ones released each week.
> > Click Here to Check Out Profit.ly < <
In “Superman” Paul Scolardi: Superman Alerts
Scolardi who goes under the name “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 when he first started trading, Superman has amassed over $5.5 million in total trading profits. Penny Stock On Robinhood
The Superman Alerts package is his offering of essential features and trading alerts targeted toward those who may be interested. For just $147 per month, you’ll have access to the daily premarket stock watchlist and the mobile app, the daily market commentary in real-time, and SMS and e-mail alerts.
The film “Superman” Paul Scolardi: Superman Pro
For $247 per month, you can enjoy additional features, as well as access to a knowledgeable base of information provided by Superman himself through his Superman Pro package. Alongside the standard features that are included in the Alerts package, Superman Pro gives you daily video lessons, which include a growing library of all previous lessons. In addition, you’ll also get an access to high-quality research papers and the IPO and earnings tracker.
Profit.ly Plans and Costs
If you’re ready to join the trading community on the internet and leave a mark in the field, Profit.ly has the right amount of resources to get you up and running. The platform offers three membership tiers that cater to traders at different levels. Let’s take a look at what these three levels are and what they’ll cost you.
Novice Plan
The Novice package is Profit.ly’s basic plan that is designed specifically for those who are just beginning their journey to the world of trading. As you sign up for this plan, you will be immediately given a slew of robust and essential trading tools, each of them integral in keeping your hands on what we could call a ruthless process by itself.
The list of features you can do using Profit.ly’s Novice package is the ability to confirm the results of your trades and track profit; leading, following and even chatting with your fellow traders; and giving feedback on the trades of today. You’re also allowed to get on leaderboards, analyze your trades, sort and filter your trades; and, lastly, view the statistics of other traders.
The Novice plan costs $29.95 per monthly payment. Although it might look appealing simply because of the price but there’s a disadvantage. You aren’t able to create a personal account, making your actions public. If you’re interested in get an account with this option, stay tuned as we introduce to you Profit.ly’s new plan.
Trader Plan
The Trader plan allows you to use the majority of features available in the novice plan. This plan allows that you can set up an account that is private for sharing with fellow associate users all your knowledge and knowledge you gain from the trading community.
Costing $49.95/month, Profit.ly’s Trader plan does what the name suggests: Cater people who want to harness their expertise in trading. As nice as it seems but there’s one important element that’s missing. Unlike the previous Novice package, you won’t be able view other traders’ statistics, which could be a problem for those who are eager to try this new tier. Penny Stock On Robinhood
Pro Plan
The Pro plan is the highest luxurious package Profit.ly offers to experienced traders. It costs $74.95 each month with an additional 22% discount when billed annually, this tier has everything. You will have full, unrestricted access to all the features from the two prior plans.
In addition, you’ll be able to see other users’ stats, but you’re also given the chance to create an individual profile. Both of these features, plus the other benefits that you can use to their fullest capacity. If you’re looking for an account that will give all the features you need to be a skilled trader, maybe the Pro level is ideal for you!
Profit.ly’s Other Services
In addition to the trainer tools and leadersboards Profit.ly provides a variety of other services they provide. One of those is its online store, where customers can choose from a wide array of video products created to help you understand the nuances and pitfalls of trading. All of the products featured in this section of the site can be immediately purchased for personal use. Some of these include bestsellers such as the “Trading Tickers” series from trading professional Tim Grittani, Timothy Sykes’s collection of DVDs and streaming-only content related to penny stocking, short stocking, as well as all related to trading, videos and footage taken from the Annual Pennystocking Conference, and items from other experts in trading.
> > Click Here to Check Out Profit.ly < <
The chat rooms that are integrated are as well part of Profit.ly’s variety of services and features. You’re probably familiar with the chat room as you can see it across social and messaging platforms, in addition to a few special websites that provide live chat support. But on Profit.ly it’s seen as a real-time place where gurus and their member traders can communicate and exchange knowledge in real-time. Every guru has their own way when it comes to running their chat room and dealing with the members there. One might be a laid-back person who is rarely active, while another might be more active and in touch in their interactions with students. Think of the chat rooms as Profit.ly’s version of the forum, in the essence.
Who is the best trader to Profit.ly?
Profit.ly’s diverse range of products and features are geared towards an array of stock traders, ranging from beginners to experienced pros. Given the wide range of options it can provide this platform definitely has something for everyone.
For instance, newbies can take advantage of Profit.ly’s collection of educational materials available across the platform. Not only will they be provided with videos every week and chat room tips from its in-house gurus and their members. They’ll also be able pick from the merchandise available on its store online that they can take with them wherever they travel. They can also gain hands-on experience trading on the platform, however, they will soon learn that trading is a risky game that shouldn’t be treated 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 people who are just beginning. While novice traders may not be as well-equipped with managing trading but the experts already know how it works and the risky mix associated with it. Ideally, they may use Profit.ly’s array of options to their maximum advantage to improve their trading skills. Like novices, they can study from the gurus as well as experts, and take advantage of short tips and tricks to help them along.
Profit.ly’s “all-in” approach doesn’t just apply to newbies as well as semi-seasoned traders. Certified experts can also take part in the enjoyment! People in the trade industry who are at an equal level with Superman and Tim Sykes can also use the power of Profit.ly’s capabilities to display their skills to others as a way to navigate them through the ever-changing trading process. Penny Stock On Robinhood
Profit.ly’s Pros and Pros and
The Pros
- Profit.ly’s diverse capabilities as a “one-stop” stock trading platform allows traders from all over the world with tons of learning, communication, and trading tools
- You get to be provided with excellent lessons and insights from its internal experts, which include libraries of educational videos and live trading activity.
- You’re assured of transparency throughout Profit.ly with precise analytics as well as other traders who are ready to reach you out whenever something happens
- The leaderboard feature of the platform offers you the opportunity to increase your reputation as a reliable and authentic trader
- Apart from its core capabilities, Profit.ly also gives its customers additional options to meet their individual preferences, for instance, posting unverifiable trades through photographs
- Profit.ly’s wide array of subscription plans and guru packages are priced at a reasonable cost There’s something for every person
The Cons
- Profit.ly’s abundance of products and packages offered might not be enough for the majority of its customers
- Since traders can choose to open any kind of trade, there’s an opportunity that some them will profit by selecting the best trades in order to increase the rating – this may be a risk that shouldn’t be overlooked.
- Profit.ly will not allow refunds, as its premium users will immediately take advantage of the numerous services the platform has to provide
> > Click Here to Check Out Profit.ly < <
The Final Concluding Question The Final Verdict: Is Profit.ly worth it?
If we were able to 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 scheme to get rich quick. The platform was not always designed to be used to achieve this goal. Instead, you need to have an open mind. Penny Stock On Robinhood
What we mean”yes” is it could be a useful learning tool. For those who are struggling, they may find Profit.ly’s variety of resources to be helpful when they try their best to avoid losses and perform better than before. It’s not only the struggling traders who will benefit from this platform. It is able to accommodate novices and even experts in the field!
If you really desire to be a better trader and want to learn from your mentors and peers on the way, take a look at Profit.ly. Profit.ly is a fantastic alternative to start.
FAQ Penny Stock On Robinhood
How can you make use of Profit.ly to make your trades public?
Profit.ly offers the option of allowing trade entries under the My Trade category on the dashboard that lets you record your trades, either verified or otherwise. There are three options:
- Linking your account to the brokerage of choice and then importing the trades from that directly
- Manually entering your trades using provided spaces and specifics
- Upload a screenshot of your transactions
What can I do to determine whether the trade is authentic or not?
If you buy your trade from a trusted brokerage, there’s the chance that it is verifiable. This is shown by the small blue check. If you post it manually or through images, it will be assigned as unverified.
The drawback of posting an unauthenticated trade is the risk of receiving negative feedback from friends and colleagues. If you receive too many negative votes, it could cause you to be listed at the top of the Madoff leaderboard, where people can detect who’s being fraudulent in posting trades.
Is the Profit.ly mobile application still available?
As of the moment, Profit.ly is still available for download on the App Store for Apple and the Google Play store. The mobile version of the app is compatible with the majority of functioning tablets and smartphones.
How many people are connected to Profit.ly?
Profit.ly currently houses more than 150,000 investors and traders because they are not just trying to maximize profits but also help each other learn and improve in acquiring opportunities in the stock market both right and left.
