The stock market can be a high-stakes game. On some days, you may be reaping the benefits of positive and satisfactory numbers. However, on other days, the opposite may happen and it could be extremely difficult to get back to where you were at your most productive. If you’re immersed in the water, you will have to realize that relying on pure instinct and preservation is not always enough.
If you’ve been incurring losses from time to time You’ll need sound advice from tried-and-tested trading experts. Additionally, you’ll require an important boost from trading partners from all over the globe, which is why we’ve found an option that can help you in your improvement within the field. We’ll take the time to look at Profit.ly, a well-recognized 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 On The Move
Value: 4.1/5
Quality: 4.1/5
Costs: 4.1/5
The User’s Experience 4.5/5
Summary
Profit.ly offers an internet-based trading service that allows traders of different levels to be knowledgeable, transparent, accountable, and uplifting with one another through its wide variety of tools and features such as trade verification, chat rooms as well as an extensive library of educational material.
What exactly is Profit.ly?
Profit.ly is a site for trading that functions as a learning and education platform for traders who are starting out as well as a place for experienced traders to track their performance through the use of sophisticated analytics tools. It provides users with a vast variety of tools to facilitate trade and communication and letting traders from all walks of life network with each other. It offers gurus with an opportunity to invest in the right areas of the platform. Consider it a social media site akin like Facebook and Reddit but with a focus on professionals and traders.
Profit.ly independently verifies trade performances and publishes all data of them in the manner of leaderboards. The platform for trading is built on honesty and transparency: it makes sure that trades are valid and won’t allow for fraud as much as possible. It was created years ago by the penny expert in stock trading and investment expert Timothy Sykes, along with his colleague Michael Mosseri.
In an interview for Forbes magazine Sykes said that Profit.ly was driven by its focus “on the transparency of every trade, something that has never been prior to.” This idea was, he said, serving two goals: 1.) creating public track records for not just the gurus as well as newsletter authors and students, and 2) making it possible for everyone on the platform to learn from both the wins and losses to the benefit of the trading industry. Penny Stock On The Move
How Does It Work?
Profit.ly utilizes a subscription model that lets stock traders gain access to a multitude of features and services aimed towards achieving success. You may set up an account on the site for free, but you’re only limited to having access to the leaderboard and follow the activities of non-gurus. If you’re ready to invest your money in order to find out which stocks the gurus are trading in real-time, you will need to subscribe to any of Profit.ly’s offerings, which we will discuss in the near future.
The process of opening an account is easy: create an account that includes your personal information and skills, join to your brokerage account, and you have yourself the chance to climb through at the very top of the list. Profit.ly’s leaderboard feature, as we’ve mentioned earlier, is designed to give its users a look at their performance as a trading group as well as its gurus. It’s not just a way to prove that you’re worthy to the large group of traders. You can also use Profit.ly to buy from a guru with the assurance that you’re comfortable with their expertise and the legitimacy of their assertions.
If you feel uneasy with the idea of divulging your brokerage account, you may choose to publish your trades, verified or not, by taking pictures. Also included in Profit.ly is the huge selection of trading classes as well as the ability to look at the stats of a trader’s account as well as other ways to interact with your experts through the chatroom in addition to notifications via email or text as well as updates.
> > Click Here to Check Out Profit.ly < <
Meet Tim Sykes, the founder: Tim Sykes
Timothy Sykes is a well-renowned day trading guru who has been famously known for delving his hands into the penny-stock market. According to Investopedia Penny stock is a small business’s shares that trade for just less than 5 cents per share. The penny stock market is a stepping stone for small companies to move to a market that is larger as it allows them to access capital from the public. However, don’t get it wrong – it’s also a high-risk game, which Sykes will be able to tell you through his many years of expertise.
Beginning at the end of his time in the high schools, Tim Sykes has, since then, made an estimated $6 million profits during his long and successful career as a trader. When he was 25 years old Sykes was given greater exposure and a larger impact when he was a part of the reality series “Wall Street Warriors.” He used the opportunity to develop trading rooms and penny stock themes and educational material aimed at those who are just beginning to learn about the trading field. He also helped establish Profit.ly as a platform for transparency and to allow the community to rise and compete against each other through the platform.
The Profit.ly Gurus
One of Profit.ly’s sweet inclusions is the wide range of educational tools, trade alerts as well as other useful information provided by the in-house experts of the platform. Gurus are referred to experts in the field of trading who have earned substantial profits from their combined years of expertise. Penny Stock On The Move
At its height, Profit.ly had housed up to five gurus, each of them a professional in their field of expertise within the world of trading. Some of the most famous experts included Connor Bruggermann, Nathan Michaud of Investors Underground, and Triforce among others. At the time of writing, only two gurus remain on the platform: Founder and penny stock trader Tim Sykes and veteran smallcap swing trader Paul Scolardi, also known as Superman. In light of that we’ll take a look at the packages each guru offers.
From Tim Sykes Tim Sykes
Sykes provides a basic stock trading service which focuses on penny stock day trading through Tim’s Alerts. At $74.95 for a month you will observe him focus on fundamental stock catalysts and use them to anticipate the next possible moves in trading.
A purchase on its own in Tim’s Alerts will get you access to the chatroom as well as the mobile app that’s available to iOS and Android devices, texts, emails and push alerts and a daily stock watchlist.
Tim Sykes: From Tim Sykes: The Pennystocking Silver Package
Pennystocking Silver is the most premium version, with an upgraded version of Tim’s Alerts package. It costs $149.95 monthly, this is an ideal plan for those who are invested in the penny-stock market. Pennystocking Silver offers all the essential features of the previous plan, including swing trading alerts as well as unlimited access to a library of over 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 alias “Superman,” is a swing trading professional with an eye for both small-cap monumental stocks and crazy-accurate marketing forecasts. Since he began as a trader, Superman has amassed over $5.5 million in all-time trading earnings. Penny Stock On The Move
The Superman Alerts package is his offer of the most essential features and alerts on trading geared towards those who might be interested. For $147/month, you’ll get access to the daily premarket stock watchlist and the mobile app, the daily market commentary in real-time, and SMS and e-mail alerts.
From “Superman” Paul Scolardi: Superman Pro
For $247 per month, you can enjoy additional features, plus access to the extensive knowledge base of information provided by Superman himself, via his Superman Pro package. Alongside the standard features included in the Alerts package, Superman Pro gives you weekly video lessons, including the growing collection of other previous ones. On top of that you’ll also gain an access to high-quality research papers and an IPO and earnings tracker.
Profit.ly Programs and Costs
If you’re ready 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 tiers that are designed to accommodate traders at different levels. Let’s break down what these three tiers are and how much they will cost you.
Novice Plan
The package called Novice is Profit.ly’s entry-level plan designed especially for those who are just beginning their journey to the trading community. When you sign up for this package, you will be immediately given a slew of robust and vital trading tools, each one of them essential in keeping your fingers on what we could call a ruthless process in and of itself.
Among the list of things you can accomplish with Profit.ly’s Novice program is the ability to confirm the results of your trades and track profit; leading, following, and even messaging your fellow traders; and leaving feedback on today’s trades. You’re also allowed to get on leaderboards; analyze the results of your analysis, sort, as well as filter trades and, lastly, view other people’s statistics.
The Novice plan costs $29.95 per month. Although it looks attractive simply because of the price but there’s a disadvantage. You can’t create a private profile, thus making your actions public. If you’re looking to get access to this feature, you should stay tuned as we introduce to you Profit.ly’s next plan.
The Trader Plan
The Trader package lets you to take advantage of a majority of features from the Novice plan. In this plan, that you are able to create an individual profile that allows you to share with fellow associate users all the insights and knowledge you gain from trader’s community.
Priced at $49.95/month, Profit.ly’s Trader plan will do what the name implies: Cater people who want to improve their skills in trading. As nice as it seems however, there’s a crucial feature that is missing. As opposed to the prior Novice package, you won’t be able view other traders’ stats this might be a drawback for those looking forward to this tier. Penny Stock On The Move
Pro Plan
The Professional plan can be described as the highest expensive plan Profit.ly offers to experienced traders. At $74.95 each month which includes 22% off when billed annually This plan offers it all. It gives you full, unlimited access to all options of the previous plans.
You’re not only able to look at other people’s statistics as well, you’re also offered the opportunity to create an individual profile. Both of these options, in addition to the advantages you’ll be able to use to their fullest capacity. If you’re looking for an option that gives you everything you need as an experienced trader, the Pro plan is ideal for you!
Profit.ly’s Other Services
In addition to the tools for training and leaderboards, Profit.ly offers a number of additional services that it can provide. One of those is its online store, where customers can choose from a wide array of instructional videos that are created to provide guidance on the ins and outs of trading. The products listed on this page of the site can be bought immediately for your personal use. These include best-selling products like”Trading Tickers,” the “Trading Tickers” series from trading specialist Tim Grittani, Timothy Sykes’s library of DVDs and streaming-only content related to penny stocking, short stocking, and other things trading-related, clips and clips of events like the Annual Pennystocking Conference, and products from other expert traders.
> > Click Here to Check Out Profit.ly < <
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 concept of chat rooms since you can see it across social and messaging platforms, and also on a few specialty websites that provide live chat support. But in Profit.ly, it is seen as a real-time 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 in dealing with the members there. One might be more laid back and less active, while another might be more online and communicative in their interactions with students. Think of the chatrooms as Profit.ly’s version of the forum in essence.
Who is the Ideal trader to Profit.ly?
Profit.ly’s variety of offerings and features caters to an array of stock traders, from beginners to experienced pros. Given the wide range of options it has to offer it is certain to have something for every person.
Beginners, for instance, will enjoy Profit.ly’s knowledge-based content offered throughout the platform. They will also get daily videos and chat room advice from the in-house experts and members. Additionally, they can choose from the items from its online store for them to take wherever they may travel. Additionally, they can gain practical experience trading on the platform, however they’ll be able to realize that trading is a risky game that shouldn’t be treated as a joke.
For the traders with years of exposure down the line, we believe Profit.ly as equally as suitable to people who are just beginning. Although the novices might not be as well-equipped with handling trading matters however, experienced traders know the way it functions and the plethora of risks associated with it. In the ideal scenario, they can make use of Profit.ly’s variety of features to their full advantage to improve their skills in trading. As beginners, they are able to study from the gurus and experts and utilize those simple tips and hints throughout the process.
Profit.ly’s ‘all-together’ nature doesn’t just apply to newbies and semi-experienced traders. Verified experts can also join in the excitement! Trade professionals who are at the same level as Superman or Tim Sykes can also use up Profit.ly’s abilities to show off their skill to others as a way to help guide them through the ever-illustrious trading process. Penny Stock On The Move
Profit.ly’s Pros and Pros and
The Pros
- Profit.ly’s numerous capabilities as a “one-stop” platform for trading stocks allows traders from all over the world with tons of learning tools, communication, and trading tools
- You will be provided with excellent lessons and tips from the in-house gurus, including video libraries that teach you how to learn and trading in real-time.
- You’re guaranteed transparency throughout Profit.ly by using accurate data as well as other traders who are ready to reach you when something goes wrong.
- The leaderboard feature of the platform offers you the opportunity to increase your credibility as a trustworthy and verifiable trader
- In addition to its primary abilities, Profit.ly also gives its customers extra options that can be tailored to their individual preferences, for instance, posting trades that are not authentic by taking screenshots
- Profit.ly’s variety of subscription levels and guru packages are priced at a reasonable cost – there truly is something for everyone
The Cons
- Profit.ly’s abundance of products and packages offered might not be enough for most of its customers
- Since traders can choose to make any type of trade, there’s a possibility that some of them will profit by picking the most profitable trades to boost their rating – this may be a concern that should not be simply overlooked
- Profit.ly will not allow refunds, as its premium users will immediately benefit from the number of features the platform is able to provide
> > Click Here to Check Out Profit.ly < <
The Final Concluding Question is: Is Profit.ly Worth It?
If we could think of the answer, it’s a ‘yes’. But you need to understand that it shouldn’t be treated as a get-rich-quick scheme. The platform wasn’t originally intended to be created for this reason. Instead, you need to have curiosity. Penny Stock On The Move
What we mean by ‘yes’ is that it could be a useful learning tool. Those who may be stuck may discover Profit.ly’s variety of resources helpful in their efforts to reduce losses and perform better than before. Not only struggling traders who will benefit from the platform. It can accommodate beginners and even experts in the field!
So, if you genuinely care about being more successful in trading and would like to learn from your mentors and peers along the way, then you should look no further than Profit.ly. Profit.ly may be a great alternative to start.
FAQ Penny Stock On The Move
How can you make use of Profit.ly to post your trades?
Profit.ly has an entry section for trades under the “My Trade section of the dashboard which lets you record your trades that are verified or not. There are three choices:
- Linking your account with your brokerage of choice and then importing the trades from that directly
- Manually entering your trades using provided spaces and specifics
- Send a screen shot of your trades
How can I tell whether the trade can be verified or not?
If you purchase your trade through a reliable brokerage, there is a high chance that it is verifiable. This is evident by the small blue check. If you upload it manually or through images, it will be classified as unverified.
The downside of having an unauthentic trade is the risk of getting downvotes from your fellow peers. A large number of downvotes could result in you appearing in the Madoff leaderboard, which is where the public are able to identify who is dishonest in posting trades.
Is the Profit.ly mobile app still available?
As of this writing, Profit.ly is still available to download via the Apple App Store as well as in the Google Play store. The mobile version of the app is compatible with most functioning tablets and smartphones.
How many people are currently using Profit.ly?
Profit.ly currently houses over 150,000 traders and investors, because they are not just trying to maximize profits but also help each other grow and learn more about acquiring opportunities in the stock market all over the world.
