Stock trading is an extremely risky game. On some days, you could enjoy the benefits of pleasing and positive numbers. On other days, however, the opposite may happen and it could be extremely difficult to get back to where you were your best. If you’re always in the mud, you will have to recognize that relying on your instincts and preserving might not be enough.
If you’ve suffered loss from time to time, you’re gonna be needing sound advice from tried-and-tested trading experts. Additionally, you’ll require an important boost from colleagues in the market from all over the globe. That’s why we’ve found an option that can help you to improve your performance in the market. We’ll be taking a 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 Online
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 allows traders of different levels to be informed responsible, transparent, and to build relationships with each other by offering a wide variety of tools and features such as trade verification, chat rooms and a rich library of educational material.
What is Profit.ly?
Profit.ly is a trading website that functions as a learning and training platform for traders who are just beginning their journey as well as a place for traders who are experienced to monitor their performance with the help of sophisticated analytics tools. It provides users with a vast array of options for trade and communication that help traders from all walks of life network with each other. It also allows gurus to make worthy investments within the boundaries of this platform. Imagine it as a social media site akin the likes of Facebook and Reddit but with a focus on traders and experts.
Profit.ly independently verifies trade performances and then publishes the information from them in the form of leaderboards. The trading platform is built on transparency and honesty: it makes sure that transactions are legitimate and will not tolerate inauthenticity as much as possible. It was established many years ago by penny expert in stock trading and investment guru Timothy Sykes, along with fellow expert Michael Mosseri.
One time during his interview with Forbes magazine, Sykes declared that Profit.ly was driven by its focus “on showing all trades, something that was never previously done.” This idea, he added, served two objectives: one) creating public track records for not just the gurus as well as students and newsletter writers as well as) giving anyone on the platform to gain insight into both the wins and losses for the trading industry’s benefit. Penny Stock Online
How Does It How Does It
Profit.ly is a subscription-based platform that lets stock traders benefit from a variety of tools and services that are geared towards achieving success. You may set up an account there at no cost, however you’re only limited to having access to the leaderboard and observe the actions 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 it is necessary to sign up to one of Profit.ly’s offers, which we will review in the coming days.
The process of opening an account is easy: create an account with your experience and knowledge, then connect your brokerage account, and you’ll have an opportunity to make your way up to the top of the leaderboard. Profit.ly’s leaders’ board feature as we’ve mentioned earlier it is designed to provide its users a glimpse of the performance of the trading community as well as its experts. It’s not just a way to prove that you’re worthy to the community of traders, but you can also utilize Profit.ly to shop from a guru with the assurance that you’re comfortable with their expertise and the veracity of their claims.
If you’re not comfortable with the idea of divulging the details of your broker account you may decide to share your trades, either verified or otherwise, through screenshots. In Profit.ly is the huge selection of trading classes and the capability to see stats in a trader’s profile as well as other ways to communicate with your gurus via chatrooms in addition to email and text alerts as well as updates.
> > Click Here to Check Out Profit.ly < <
Meet the Founder: Tim Sykes
Timothy Sykes is a well-renowned day trading personality who has been famously known for his involvement in trades in penny stocks. According to Investopedia the term “penny stock” refers to a small-sized company’s shares that trade for under $5 for each share. The penny stock market can be seen as an opportunity for small-scale businesses to make the transition into a larger market because it gives them access to money from the general public. But don’t make the mistake of thinking that it’s also a high-risk game, which Sykes will be able to tell you through his many years of experience.
Since his initial beginnings at the end of his time in High School, Tim Sykes has, since then, earned over $6 million of profit during his long and successful career as trader. At 25 years old Tim Sykes had received greater exposure and an even wider influence over time when he was a part of the reality show “Wall Street Warriors.” Then, he made use of the show to create trading rooms and penny stock themes and educational material aimed at those who are new to the trading field. He also played a role in establishing Profit.ly as a platform for openness, and for the community to lift each other up and compete on the platform.
The Profit.ly Gurus
One of Profit.ly’s sweet inclusions is the vast array of education tools, trade alerts and other helpful stuff provided by the company’s internal gurus. The gurus in question refer to the trading experts who have earned substantial amounts of money from their combined years of expertise. Penny Stock Online
At its peak, Profit.ly had housed up to five gurus, each of them a professional within their particular field in the trading industry. Some of the most famous experts were Connor Bruggermann, Nathan Michaud of Investors Underground, and Triforce as well as a handful of others. As of this writing, however, 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. When we take that into account Let’s look at the packaged offers each guru offers.
From Tim Sykes: Tim’s Alerts
Sykes provides basic stock trading services with the main priority being penny-stock day trading via Tim’s Alerts. The cost is $74.95 monthly, you will be able to see him concentrate on the fundamental catalysts for stocks and utilize them to anticipate the next moves that could occur when making trades.
A purchase on its own of Tim’s Alerts will get you access to the chatroom, as well as the mobile app available to iOS and Android devices, as well as email, text, and push alerts; and a daily stock watchlist.
Tim Sykes: From Tim Sykes: The Pennystocking Silver Package
Pennystocking Silver is the most premium, upgraded version of the Tim’s Alerts program. Priced at $149.95 for a month it is an ideal plan for investors who are involved in the penny-stock market. Pennystocking Silver offers all the essential features that were included in prior plans, such as swing trading alerts and unlimited access to a collection of more than 7,000 educational videos, with new ones released weekly.
> > Click Here to Check Out Profit.ly < <
From “Superman” Paul Scolardi: Superman Alerts
Scolardi who goes under the name “Superman,” is a trader who has an eye for massive stocks of the small-cap size and insanely accurate marketing forecasts. Since when he first started trading, Superman has amassed over $5.5 million in total trading earnings. Penny Stock Online
The Superman Alerts plan is his offer of the most essential features and trading alerts targeted toward those who may be interested. For just $147 per month, you’ll have access daily premarket stock watchlist along with the mobile app, daily market updates in real-time, as well as SMS and e-mail alerts.
In “Superman” Paul Scolardi: Superman Pro
At $247/month, you get additional features, plus access to a knowledgeable base that is provided by Superman himself through the Superman Pro package. In addition to the basic features that are included in the Alerts package, Superman Pro gives you daily video lessons, which include the growing collection of previous lessons. On top of that you’ll also gain the ability to access premium reports on research and an IPO and earnings tracker.
Profit.ly plans and costs
If you’re looking to join the online trading community and make a mark on the industry, Profit.ly has the right amount of resources to get you going. Profit.ly offers three membership levels, each designed for traders at different levels. Let’s break down what these three tiers 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 new to the world of trading. Once you have signed up for this plan, you will be immediately offered a range of strong and vital trading tools, all of which is essential to keep your fingers on what could call a ruthless process in and of itself.
Some of the features you can do with Profit.ly’s Novice program is the capability to check trades and track profits and follow-up, leading and even texting your fellow traders, as well as providing feedback on trades today. You can also get onto leaderboards; study, sort, and filter your trades; and lastly, look at 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 aren’t able to create a personal profile, which makes your activities publicly available. If you’re interested in get 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 you to use the majority of features available in The Novice package. This plan allows that you are able to create an account that is private for sharing with fellow associates all your insights and information you have gained from trader’s community.
The price is $49.95/month, Profit.ly’s Trader plan is exactly what it says: Cater for those looking to harness their trading skills. Although it’s a nice thing, there is one significant aspect that’s not included. Unlike the previous Novice package, this one won’t be able to view other traders’ statistics this might be a drawback for those who are eager to try this new tier. Penny Stock Online
Pro Plan
The Professional plan can be described as the most expensive plan Profit.ly could offer for seasoned traders. It costs $74.95 per month, and an additional 22% discount when billed annually, this tier has it all. You will have full, unrestricted access to all options of the prior plans.
Not only do you get to look at other people’s statistics as well, you’re also offered the option of creating your own private profile. Both of these features, plus the other benefits that you can use to the maximum extent. If you’re looking for an account that will give you everything you need as trader with experience, the Pro level is the right choice for you!
Profit.ly’s Other Services
Apart from the trainer tools and Leaderboards Profit.ly has a few additional services that it can offer. One of these is its online store, where customers can pick from a range of video products designed to inform and help you understand the ins and outs of trading. All of the products featured on this page of the site can be bought immediately for your 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 about penny stocking, short stocking, as well as all aspects of trading. There are also clips and footage 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 included in Profit.ly’s range of services and features. You are probably familiar with the concept of the chat room as you will see it on social and messaging platforms as well as some specialty websites that provide live chat support. But in Profit.ly it’s seen as a real-time area where experts and members can interact and exchange knowledge in real-time. Every guru has their own way in operating their chat room and dealing with the listed members there. One might be more laid back and rarely active, while another might be more interactive and online with their students. Think of chatrooms as Profit.ly’s version of the forum in its essence.
Who is the Ideal trader to Profit.ly?
Profit.ly’s diverse range of products and features are geared towards the wide range of stock traders, ranging from beginners to experienced pros. Given the wide range of options it has to offer this platform definitely has something for every person.
Beginners, for instance, will enjoy Profit.ly’s knowledge-based content offered throughout the platform. Not only will they get daily videos and chat room tips from its in-house gurus as well as their members. They’ll also be able to pick from the merchandise available in its online store to carry with them wherever they go. They can also gain hands-on experiences by trading through the platform, but ultimately they’ll be able to realize that the process is a high stakes game that shouldn’t be treated as an amusing pastime.
For traders who have many years of experience down the line, we see Profit.ly equally 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 but the experts already know how it works along with the stack full of risks that come with it. Ideally, they may use Profit.ly’s variety of options to their maximum advantage to develop their trading skills. As beginners, they are able to learn from the top experts as well as experts, and take advantage of short tips and tricks throughout the process.
Profit.ly’s “all-inclusive” nature doesn’t just apply to newbies as well as semi-seasoned traders. Experts who have been verified can also participate in the fun! People in the trade industry who are on similar levels to Superman or Tim Sykes can also use Profit.ly’s capabilities. 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 Online
Profit.ly’s Pros and Pros and
The Pros
- Profit.ly’s diverse capabilities as a ‘one-stop’ platform for trading stocks allows traders across the globe with a wealth of education tools, communication, and trading tools
- You will be provided with excellent lessons and insights from its internal experts, which include libraries of educational videos and real-time trading activities
- You’re assured of transparency throughout Profit.ly by using accurate data as well as other traders that are waiting to reach you out if something occurs.
- The platform’s leaderboard feature gives you the chance to establish your reputation as a reliable and dependable trader
- Apart from its main features, Profit.ly also gives its customers additional options to meet their needs, like posting unverifiable trades through images
- Profit.ly’s wide array of packages and subscription levels are priced at affordable rates – there truly is something for every person
The Cons
- Profit.ly’s abundance of packages and products offered may seem overwhelming for a lot of its customers
- If traders decide to post any kind of trade, there’s a possibility that some of them could profit from cherry-picking the best trades to increase the rating – this may be a problem that shouldn’t be simply overlooked
- Profit.ly does not accept refunds, as the premium customers 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 Profit.ly Valued?
If we could come up with an appropriate answer for this query, it would be yes. But it is important to realize that the platform should not be used as a get-rich-quick scheme. The platform was not always designed to be used in this way. Instead, you should have curiosity. Penny Stock Online
What we are referring to”yes” is it could be a useful learning tool. Those who may be stuck could find Profit.ly’s variety of resources helpful when they try their best to incur lesser losses and be more successful than before. It’s not only the struggling traders who will benefit from the platform. It will be able to accommodate beginners as well as even experts!
If you really care about being better at trading and wish to be taught by your mentors and peers on the way, you should look no further than Profit.ly. Profit.ly could be a good choice to start.
FAQ Penny Stock Online
How can you make use of Profit.ly to post your trades?
Profit.ly includes a trade entry portion within the My Trade category on the dashboard that allows you to post your trades that are verified or otherwise. There are three choices:
- Linking your account to the brokerage of choice and then importing the trades from that directly
- Manually entering your trades using specified spaces and information.
- Upload a screenshot of your transactions
What can I do to determine whether the trade can be verified or not?
If you import your trade from a trusted brokerage, there’s the probability that it’s verifiable. This is indicated with the small blue check. If you post it manually or through pictures, it will be classified as unverified.
The downside of having an unauthenticated trade is the possibility of receiving negative feedback from fellow peers. If you receive too many negative votes, it could result in you appearing on the Madoff leaderboard, where people can detect who’s being dishonest in posting trades.
Does the Profit.ly mobile application still available?
As of the moment, Profit.ly is still available to download via the Apple App Store and the Google Play store. The mobile version of the app is compatible with the majority of working smartphones and tablets.
How many people are connected to Profit.ly?
Profit.ly currently houses more than 150,000 investors and traders as they not only are trying to maximize profits but also assist each other to grow and learn more about acquiring stock market opportunities both right and left.
