The stock market can be an extremely risky game. Some days, you might have the benefit of positive and satisfying numbers. However, on other days you may experience the opposite and it can be very difficult to get back to where you were at your most productive. If you find yourself always in the mud You will need to realize that relying on your instincts and preserving is not always enough.
If you’ve experienced 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 trading partners from all over the globe, which is why we’ve discovered a platform that can support you in your growth in the industry. In this review, we’ll take an in-depth look at Profit.ly, a well-recognized 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. To get a comprehensive overview of Profit.ly, you may still want to check out our article below.
Total Rating: 4.1/5 Penny Stock Pump And Dump List
The User’s Experience 4.5/5
Profit.ly is an online trading platform that enables traders of different levels to be informed and accountable, as well as transparent and to build relationships with each other by offering a wide array of tools and features like trade verification, chat rooms, and an enriched library of educational content.
How do I define Profit.ly?
Profit.ly is a trading site that functions as a training and learning platform for those who are just beginning their journey and as a hub for experienced traders to track their performance with the help of cutting-edge analytics tools. Offering users a broad array of options for communication and trade and letting traders from every field of business connect with one another. It also allows gurus to make worthy investments within the boundaries that the site. Imagine it as a social media site akin the likes of Facebook and Reddit but with a focus on experts and traders.
Profit.ly independently checks the performance of trades and posts all the data from them in the form of leaderboards. The platform for trading is built on transparency and honesty: it makes sure that trades are valid and won’t tolerate inauthenticity as much as is humanly possible. It was founded years ago by the penny expert in stock trading and investment guru Timothy Sykes, along with fellow expert Michael Mosseri.
One time , during an appearance in Forbes magazine, Sykes declared that Profit.ly was motivated by its focus “on the transparency of the entire spectrum of trades, something which was never prior to.” The concept Sykes said served two objectives: one) making public records for all traders, not just the gurus and newsletter writers and students as well as) giving all users to learn from the losses and wins for the trading industry’s benefit. Penny Stock Pump And Dump List
How Does It How Does It
Profit.ly utilizes a subscription model which allows stock traders to have access to a range of features and services aimed at achieving the success of their business. You may set up an account there at no cost, however you’re only limited to having the capability to browse the leaderboards and monitor the activities of people who aren’t gurus. If you’re ready to invest your money and see what stocks the experts are trading in real time it is necessary to sign up to one of Profit.ly’s deals, 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’ll have a chance to shoot your way up to high on the leaderboard. Profit.ly’s Leaderboard function, which was mentioned previously, is designed to give its users a look at their performance as a trading group as well as its gurus. You’re not just allowed to prove that you’re worthy to the large group of traders, but you are also able to use Profit.ly to buy with a professional with the confidence that you are confident of their knowledge and the credibility of their assertions.
If you feel uneasy with the idea of divulging the details of your broker account then you could decide to share your trades, whether verified or otherwise, through pictures. Included in Profit.ly is the huge selection of trading classes, the ability to view stats in a trader’s profile, and more ways to interact with your experts through the chatroom in addition to text and e-mail alerts and updates.
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Meet Tim Sykes, the founder: Tim Sykes
Timothy Sykes is a well-renowned day trading personality who is famously known for his efforts in trades in penny stocks. According to Investopedia Penny stock is a small business’s shares that trade for just less than 5 cents per share. Penny stock trading is an avenue for small businesses to transition into a larger market because it gives them access to money from the general public. But don’t be mistaken – it’s also an extremely risky game, as Sykes will be able to tell you because of his decades of expertise.
Beginning in the latter years of the high schools, Tim Sykes has, since then, made an estimated $6 million profits during his long and successful career as trading professional. At the age of 25 Tim Sykes had received greater exposure and a larger impact when he was a part of the reality series “Wall Street Warriors.” Then, he made use of the show to establish trading rooms, penny stock themes, and educational material aimed at those who are new to the trading field. He also helped establish Profit.ly as a place of transparency, and for the community to lift each other up and compete against each other through the platform.
The Profit.ly Gurus
One of Profit.ly’s most appealing features is the wide range of learning sources, trade alerts as well as other useful information provided by the company’s internal gurus. These gurus refer to experts in the field of trading who have made substantial amounts of money from their collective years of experience. Penny Stock Pump And Dump List
At its height, Profit.ly had housed up to five gurus, each of them an expert in their field of expertise within the world of trading. Some of the most famous gurus included Connor Bruggermann, Nathan Michaud of Investors Underground, and Triforce among others. At the time of writing, there are only two gurus who remain on this platform: Founder as well as penny-stock trader Tim Sykes and veteran smallcap swing trader Paul Scolardi, also known as Superman. With that taken into consideration Let’s look at what packaged deals each guru can offer.
From Tim Sykes Tim Sykes
Sykes offers an essential stock trading service that focuses on penny stock day trading through Tim’s Alerts. The cost is $74.95 monthly, you’ll be able to be able to see him concentrate on the basic stock catalysts and employ them to forecast the next moves that could occur when making trades.
A standalone purchase in 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, as well as texts, emails and push alerts; as well as a daily watchlist of stocks.
from Tim Sykes: The Pennystocking Silver Package
Pennystocking Silver is the most premium version, with an upgraded version of Tim’s Alerts program. It costs $149.95 monthly, this is the perfect plan for those who are more invested in the penny-stock market. Pennystocking Silver includes all the basic features found in the previous plan, including alerts for swing trading and access to a library of more than 7,000 instructional videos and new videos released every week.
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In “Superman” Paul Scolardi: Superman Alerts
Scolardi, who goes by the alias “Superman,” is a swing trading professional with an eye for small-cap monumental stocks and crazy-accurate marketing forecasts. Through the years since he began as a trader, Superman has amassed over $5.5 million in all-time trading profits. Penny Stock Pump And Dump List
The Superman Alerts plan is an offer of the most essential features and trading alerts targeted to those interested. For just $147 per month, you’ll have an access to the day-to-day premarket stock watchlist as well as the mobile application, daily market commentary in real time, and email and SMS alerts.
In “Superman” Paul Scolardi: Superman Pro
For $247 per month, you can enjoy additional features, as well as access to the extensive knowledge base that is provided by Superman himself through his Superman Pro package. In addition to the basic features that are included in the Alerts plan, Superman Pro gives you weekly video lessons, including a growing library of all other previous ones. Additionally, you’ll also get access to premium research reports and an IPO and earnings tracker.
Profit.ly plans and costs
If you’re looking to join the world of online trading and leave your mark on the field, Profit.ly has the right amount of tools to get you started. The platform has three membership tiers that cater to traders of different levels. Let’s take a look at what these three tiers are and how much they’ll cost you.
The package called Novice is Profit.ly’s beginning-of-the-line plan specifically for people who are brand new to the world of trading. Once you have signed up for this plan you’ll be offered a range of strong and vital trading tools, all 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 accomplish with Profit.ly’s Novice program is the ability to confirm the results of your trades and track profit and follow-up, leading and even chatting with your fellow traders, as well as giving feedback on the trades of today. It also allows you to be on leaderboards, analyze, sort, and filter your trades; and, lastly, view other’s stats.
The Novice plan is $29.95 per month. Although it looks attractive simply because of the price however, there’s a drawback. You aren’t able to create a personal profile, which makes your personal information public. If you do want to gain an account with this option, you should be watching for us to introduce to you Profit.ly’s new plan.
The Trader plan allows you to take advantage of a majority of features from the novice plan. It is in this plan that you can create a private profile to share with other associates all your insights and intel in the trading community.
Costing $49.95/month, Profit.ly’s Trader plan will do what the name implies caters people who want to harness their expertise in trading. While it’s nice however, there’s a crucial aspect that’s not included. In contrast to the Novice package, you will not be able view other traders’ stats, which might be a drawback for some who may be eager to try this new tier. Penny Stock Pump And Dump List
The Professional plan can be described as the highest luxurious package Profit.ly could offer for seasoned traders. With $74.95 monthly, and a 22% discount when billed annually, this tier has everything. It gives you full, unlimited access to all the features of the prior plans.
Not only do you get to view other people’s stats and data, but you also have the opportunity to create a private profile. Both of these options, on top of all the advantages that you can utilize to the fullest potential. If you’re in search of an account that will give you everything you need as a skilled trader, maybe the Pro level is 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, which allows users to choose from a wide array of video products designed to inform and provide guidance on the ins and outs of trading. All of the products featured on this page of the website can be bought immediately for your personal use. Among these products include best-sellers such as”Trading Tickers, “Trading Tickers” series from trading specialist Tim Grittani, Timothy Sykes’s collection of DVDs and streaming-only content related to short stocking, penny stocking, as well as all aspects of trading. There are also clips and footage taken from The Annual Pennystocking Conference, and other products by expert traders.
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Chat rooms integrated into Profit.ly are as well part of Profit.ly’s range of features and services. You may be familiar with the chat room since you will see it on social and messaging platforms and also on a few specialty websites that provide live chat support. However, in Profit.ly it’s seen as a hands-on space where experts and their members can interact and exchange knowledge in real-time. Each guru has their style when it comes to running their chat room and in dealing with the members there. One might be a laid-back person who is less active, while another may be more active and in touch 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 a large variety of stock trader types, from novices to experienced professionals. Considering the number of offers it can provide, the platform surely has something for everyone.
Newbies, for instance, will enjoy Profit.ly’s collection of educational information available on the platform. Not only will they be enriched with weekly videos and chat room advice by its internal gurus and their members. They’ll also be able to select from the products in its online store for them to take wherever they may go. Additionally, they can gain practical experiences by trading through the platform, but ultimately they’ll be able to realize that trading is a high stakes game that shouldn’t be taken as an amusing pastime.
For traders who have years of exposure down the road, we consider Profit.ly equally suitable to them as those who are just starting. Although the novices might not be as proficient in dealing with trading issues, the pros already understand how it works and the plethora of risks that it carries. It is ideal to utilize Profit.ly’s array of options to their maximum advantage to enhance their skills in trading. Like novices, they can learn from the experts and experts , and use those quick tips and tidbits to help them along.
Profit.ly’s “all-inclusive” nature does not only apply to beginners or semi-experienced trader. Experts who have been verified can also participate in the fun! Those in the trading industry who are on an equal level with Superman or Tim Sykes can also use up Profit.ly’s capabilities to display their skill to others as a way to assist them in the ever-changing trading process. Penny Stock Pump And Dump List
Profit.ly’s Pros and Pros and
- Profit.ly’s many capabilities as a ‘one-stop’ stock trading platform allows traders from all over the world with a wealth of education communications, trading, and communication tools
- You get to be provided with excellent lessons and advice from the company’s in-house gurus, including video libraries that teach you how to learn and trading in real-time.
- You can be sure of complete transparency through Profit.ly by using accurate data as well as other traders who are ready to reach you out whenever something happens
- The leaderboard feature on the platform gives you a way to build your credibility as a trustworthy and authentic trader
- In addition to its primary features, Profit.ly also gives its customers extra options that can be tailored to their needs, like posting trades that are not authentic by taking photographs
- Profit.ly’s wide array of packages and subscription levels are priced at affordable rates – there truly is something for all
- Profit.ly’s bountiful stream of products and packages offered might seem overwhelming for most of its customers
- Since traders can choose to post any kind of trade, there’s an opportunity that some them may take advantage by cherry-picking the best trades to increase the rating This could be a concern that should not be ignored.
- Profit.ly does not offer refunds, as the premium customers are expected to immediately benefit from the many services that the platform can provide
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The Final Concluding Question: Is Profit.ly worth it?
If we were able to come up with an answer to this question, it’s 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 intended to be created for this reason. Instead, it is best to keep an open mind. Penny Stock Pump And Dump List
What we mean”yes” is that it is a fantastic learning tool. Those who may be stuck might discover Profit.ly’s array of resources helpful in their efforts to incur lesser loss and perform better than before. It’s not just the struggling traders that will profit from the platform. It is able to accommodate novices and even experts!
If you truly desire to be better at trading and wish to be taught by your peers and experts throughout the process, then you should look no further than Profit.ly. Profit.ly could be a good choice to start.
FAQ Penny Stock Pump And Dump List
How can you make use of Profit.ly to post your trades?
Profit.ly offers a trade entry portion within the “My Trade category on the dashboard which lets you post your trades, either verified or otherwise. There are three choices:
- Linking your account to the broker of choice and import trades directly from there
- Manually entering your trades into provided spaces and specifics
- Take a photo of your transactions
How do I know whether the trade is authentic or not?
If you buy your trade from a trusted brokerage, there is an excellent probability that it’s verifiable. This is evident by the small blue check. If you post it in a manual way or by taking images, it will be assigned as unverified.
The downside of having an unauthenticated trade is the risk of getting downvotes from your friends and colleagues. Too many downvotes may cause you to show up on the Madoff leaderboard, where people can detect who’s being untruthful in submitting trades.
Is the Profit.ly mobile app still in use?
As of this writing, Profit.ly is still available to download via the App Store for Apple and the Google Play store. The mobile app version is compatible with most working smartphones and tablets.
How many people are using Profit.ly?
Profit.ly currently houses over 150,000 investors and traders since they’re not just looking to earn maximum profits but also assist each other to learn and improve in acquiring stock market opportunities left and right.