Stock trading can be an exciting game with high stakes. On certain days, you could enjoy the benefits of pleasing and positive numbers. On other days, the opposite may happen and it can be extremely difficult to return to where you were your best. If you find yourself immersed in the water You will need to recognize that relying on pure instinct and preservation may not always be enough.
If you’ve been incurring occasional losses and you’re likely to require solid advice from seasoned 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 discovered an online platform that will help you in your improvement in the market. In this review, we’ll be taking 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.
Overall Rating: 4.1/5 Penny Stock Pump And Dump
Value: 4.1/5
Quality: 4.1/5
Costs: 4.1/5
Users Experience 4.5/5
Summary
Profit.ly is an online trading platform that enables traders of all levels to be informed, transparent, accountable, and encouraging each other through its broad array of tools and features like chat rooms, trade verification, and an enriched library of educational material.
What exactly is Profit.ly?
Profit.ly is a trading website that serves both as a training and learning platform for people new to trading and as a hub for experienced traders to track their performance through the use of advanced analytics tools. Providing users with a wide variety of tools to facilitate trade and communication, it helps traders from all walks of life network with each other. It also allows gurus to make worthy investments within the boundaries of the platform. Think of it as the social media equivalent like Facebook and Reddit however it is geared towards experts and traders.
Profit.ly independently checks the performance of trades and posts all the data from them in the style of leaderboards. The trading platform is built on honesty and transparency: it ensures that the trades are authentic and won’t tolerate inauthenticity as much as is humanly possible. It was established years ago by the penny stock trade expert and investment expert Timothy Sykes, along with the other expert Michael Mosseri.
One time during his 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 concept was, he said, serving two purposes: 1) creating public track records for not just the gurus, but also the newsletter authors and students, and 2) giving everyone on the platform to be enlightened by the losses and wins to benefit the industry of trading. Penny Stock Pump And Dump
How Does It How Does It
Profit.ly is a subscription-based platform that lets stock traders benefit from a variety of services and features geared at achieving achievement. It is possible to create an account there at no cost, however you’re only given the ability to navigate through the leaderboard and follow 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, you will need to sign up to one of Profit.ly’s offers, which we will review in the coming days.
Setting up 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 your way up to at the very top of the list. Profit.ly’s leaderboard feature, as mentioned previously, is designed to give its users a glimpse of how the community of traders performs and its experts. It’s not just a way to demonstrate value to a community of traders, but you can also utilize Profit.ly to purchase from a guru with the confidence that you are confident with their expertise and the legitimacy of their assertions.
If you’re not comfortable with the idea of sharing the details of your broker account then you could choose to publish your trades, whether verified or not, by taking pictures. Also included in Profit.ly are a variety of trading classes as well as the ability to look at the stats of a trader’s account, and more ways to interact with your experts in the chatroom, as well as email and text alerts as well as updates.
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Meet Tim Sykes, the founder: Tim Sykes
Timothy Sykes is a well-renowned day trader who is famously known for delving his hands into trades in penny stocks. According to Investopedia, a penny stock refers to a small-sized company’s shares that trade for less than $5 per share. The trading of penny stocks can be seen as a stepping stone for small businesses to transition to a large marketplace as it gives them access to money from the general public. But don’t be mistaken – it’s also an extremely risky game, as Sykes can surely tell because of his decades of experience.
From his beginnings in his late years in high school, Tim Sykes has, since then, earned an estimated $6 million profit during his long and successful career as trading professional. At 25 years old Sykes was given more exposure and a wider impact when he became part of the reality TV show “Wall Street Warriors.” He then used the opportunity to create trading rooms as well as penny stock themes as well as educational content targeted at those who are just beginning to learn about trading. He also played a role in establishing Profit.ly as a place for openness, and for the community to uplift and compete against each other through the platform.
The Profit.ly Gurus
One of Profit.ly’s sweet inclusions is the vast array of educational resources, trade alerts, and other helpful stuff provided by the platform’s in-house gurus. These gurus refer to the trading experts who have proven to make substantial amounts of money through their years of knowledge. Penny Stock Pump And Dump
At its height, Profit.ly had housed up to five gurus, each of them an expert within their particular field within the world of trading. Some of the most prominent experts were Connor Bruggermann, Nathan Michaud of Investors Underground, and Triforce, among a few others. At the time of writing, however, only two gurus remain on the platform: Founder of the penny stock market Tim Sykes and veteran smallcap swing trader Paul Scolardi, also known as Superman. With that taken into consideration we’ll take a look at what packaged deals each guru can offer.
From Tim Sykes Tim Sykes
Sykes provides a basic stock trading service which focuses on penny-stock day trading via Tim’s Alerts. The cost is $74.95 monthly, you will see him focus on the fundamental catalysts for stocks and utilize them to predict the next move that is possible when trading.
A standalone purchase in Tim’s Alerts will get you access to the chatroom and the mobile app available on iOS as well as Android devices; email, text, and push alerts; and a daily stock watchlist.
From Tim Sykes: The Pennystocking Silver Package
Pennystocking Silver is the most premium version that has been upgraded of the Tim’s Alerts program. Priced at $149.95 for a month this is an ideal plan for those who are more invested in investing in penny stocks. Pennystocking Silver offers all the essential features of the previous plan, which includes swing trading alerts and unlimited access to an extensive library of more than 7,000 instructional videos and new videos released weekly.
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In “Superman” Paul Scolardi: Superman Alerts
Scolardi who is known under the name “Superman,” is a trader who has an eye for tiny-cap massive stocks as well as wildly accurate marketing forecasts. In the time since when he first started trading, Superman has amassed over $5.5 million in all-time trading earnings. Penny Stock Pump And Dump
The Superman Alerts package is his package of vital features and trading alerts targeted towards those who might be interested. For $147 per month, you’ll gain an access to the day-to-day stock watchlist that is premarket along with the mobile app, the daily market commentary in real-time, as well as E-mail and SMS alerts.
In “Superman” Paul Scolardi: Superman Pro
For $247 per month, you can enjoy additional features, as well as access to a knowledgeable base that is provided by Superman himself through his Superman Pro package. On top of the essentials that are included in the Alerts package, Superman Pro gives you weekly video lessons, including a growing library of all the previous ones. On top of that you’ll also have the ability to access premium reports on research as well as an IPO and earnings tracker.
Profit.ly Plans and Costs
If you’re ready to join the world of online trading and make a mark on the market, Profit.ly has the right amount of tools to get you going. The platform has three membership tiers that are designed to accommodate 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 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 essential trading tools, each of which is essential to keep your fingers on what we can describe as a cutthroat procedure in its own.
Some of the features you can do using Profit.ly’s Novice program is the ability to confirm the results of your trades and track profit as well as leading, following, and even messaging your fellow traders, as well as giving feedback on the trades of today. It also allows you to be on leaderboards, analyze, sort, or filter the trades you make; and lastly, look at the statistics of other traders.
The Novice plan will cost $29.95 per month. Although it might look appealing for the price alone however, there’s a drawback. You aren’t able to create a personal profile, which makes your actions public. If you’re looking to gain access to this feature, you should be watching for us to introduce to you Profit.ly’s next strategy.
Trader Plan
The Trader package lets you to use the majority of features available in the Novice plan. It is in this plan that you are able to create an individual profile that allows you to share with other associate users all your knowledge and knowledge you gain from the trading community.
The price is $49.95/month, Profit.ly’s Trader plan does what the name suggests: Cater to those who desire to improve their trading skills. Although it’s a nice thing however, there’s a crucial element that’s missing. In contrast to the Novice package, this one won’t be able to view the statistics of other traders that could be a disadvantage for those anticipating this level. Penny Stock Pump And Dump
Pro Plan
The Professional plan can be described as the most premium package that Profit.ly can offer to experienced traders. With $74.95 each month which includes an additional 22% discount when billed annually This plan offers it all. You get full, no-holds-barred access to all the features from the two previous plans.
In addition, you’ll be able to look at other people’s statistics as well, you’re also offered the chance to create your own private profile. These two features are on top of all the advantages you’ll be able to use to the fullest potential. If you’re in search of an account that will give all the features you need to be an experienced trader, the Pro level is the right choice 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 these is its online store, which lets users pick from a range of video products that are designed to educate and guide you through the nuances and pitfalls of trading. The products listed in this section of the website can be bought immediately for your personal use. Some of these include bestsellers such as”Trading Tickers,” the “Trading Tickers” series from trading professional Tim Grittani, Timothy Sykes’s library of DVDs and streaming-only content on short stocking, penny stocking, and other related to trading, videos and scenes taken from The Annual Pennystocking Conference, and items from other experts in trading.
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Chat rooms integrated into Profit.ly are included in Profit.ly’s variety of services and features. You may be familiar with the concept of the chat room as you will see it on messaging and social platforms, in addition to a few special websites that offer live chat support. But in Profit.ly, it is seen as a hands-on area where experts and members trade and share knowledge in real-time. Every guru has their own style when it comes to running their chat room and in dealing with the members. Some may be laid back and rarely active, while another might be more online and communicative in their interactions with students. Consider chat rooms like Profit.ly’s version of the forum in essence.
Who is the ideal trader to Profit.ly?
Profit.ly’s wide range of products and features are geared towards an array of stock traders, from novices to the most experienced. Given the wide range of options it can provide, the platform surely has something for every person.
Newbies, for instance, can take advantage of Profit.ly’s knowledge-based information available on the platform. In addition, they will be provided with videos every week and chat room tips by its internal gurus and members. Additionally, they can 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 will soon learn that trading is a high-stakes game that should not be viewed as a joke.
For traders who have decades of experience in the line, we believe Profit.ly as equally as suitable to them as those who are just starting. While the newbies may not be as adept at managing trading however, experienced traders know the way it functions and the risky mix associated with it. It is ideal to utilize Profit.ly’s variety of features to their full advantage to improve their trading abilities. Like novices, they can learn from the top experts as well as experts, and take advantage of quick tips and tidbits along the way.
Profit.ly’s ‘all-together’ nature isn’t limited to novices and semi-experienced traders. Certified experts can also take part in the excitement! People in the trade industry who are on the same level as Superman or Tim Sykes can also use Profit.ly’s capabilities. Profit.ly’s capabilities to display their expertise to other traders as a way to help assist them in the ever-changing trading process. Penny Stock Pump And Dump
Profit.ly’s Pros and Pros and
The Pros
- Profit.ly’s numerous capabilities as a ‘one-stop’ stock trading platform enable traders from all over the world with tons of learning communications, trading, and communication tools
- You’ll be taught by experts and advice from the company’s inside experts, as well as video libraries that teach you how to learn and trading in real-time.
- You’re guaranteed transparency throughout Profit.ly with precise analytics and fellow traders that are waiting to reach you out whenever something happens
- The leaderboard feature of the platform offers you the chance to establish your credibility as a trustworthy and authentic trader
- In addition to its primary abilities, Profit.ly also gives its users extra options to suit their needs, like posting unverifiable trades through photographs
- Profit.ly’s diverse range of subscription levels and guru packages are priced at affordable rates There’s something for every person
The Cons
- Profit.ly’s bountiful stream of products and packages offered might not be enough for a lot of its customers
- As traders may opt to make any type of trade, there is the possibility that some of them will profit by selecting the best trades in order to increase the rating – this may be a concern that should not be simply overlooked
- Profit.ly will not allow refunds, as its premium users are expected to instantly benefit from the many features the platform is able to provide
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The Final Verdict: Is Profit.ly worth it?
If we were able to come up with the answer, it’s a ‘yes’. But it is important to realize that the platform should not be used as a quick-fix scheme to make money. The platform wasn’t originally intended to be created for this reason. Instead, it is best to keep the ability to think with an open heart. Penny Stock Pump And Dump
What we mean by ‘yes’ is that it could be a useful learning tool. For those who are struggling, they could discover Profit.ly’s array of resources to be helpful when they try their best to incur lesser loss and perform better than before. It’s not just the poor traders that can profit from the platform. It will be able to accommodate beginners as well as even experts in the field!
If you really desire to be a better trader and want to be taught by your mentors and peers on the way, look no further – Profit.ly may be a great choice to start.
FAQ Penny Stock Pump And Dump
What are the best ways to use Profit.ly to make your trades public?
Profit.ly has the option of allowing trade entries under the ‘My Trade’ category of the dashboard that lets you record your trades, verifiable or otherwise. There are three options:
- Linking your account with your broker of choice and import trades directly from there
- Manually entering your trades into specified spaces and information.
- Take a photo of your trades
How can I tell if the trade is verifiable or not?
If you import your trade from a reputable brokerage, there is an excellent chance that it is verifiable. This is evident by the small blue check. If you post it in a manual way or by taking pictures, it will be assigned as unverified.
The drawback of posting an unauthenticated trade is the risk of getting downvotes from your colleagues. Too many downvotes may cause you to be listed at the top of the Madoff leaderboard, where people can see who’s untruthful in submitting trades.
Are the Profit.ly mobile app still available?
As of this writing, Profit.ly is still available for download on the Apple App Store as well as on the Google Play store. The mobile version of the app is compatible with the majority of working smartphones and tablets.
How many people are on Profit.ly?
Profit.ly is currently home to over 150,000 investors and traders since they’re not just 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.
