The stock market can be an exciting game with high stakes. Some days, you may be reaping the benefits of positive and satisfying numbers. However, on other days, the opposite may happen and it could be extremely difficult to get back to the point you were at your peak. If you’re immersed in the water You will need be aware that relying solely on instinct and survival may not always be enough.
If you’ve experienced occasional losses You’ll need solid advice from seasoned and tested trading experts. Also, you’ll need an important boost from colleagues in the market from all over the globe, which is why we’ve found an option that can help you in your improvement in the industry. We’ll be taking a look at Profit.ly, a well-recognized 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 Solar Companies
Value: 4.1/5
Quality: 4.1/5
Costs: 4.1/5
The User’s Experience 4.5/5
Summary
Profit.ly is an online trading platform that allows traders of different levels to be knowledgeable and accountable, as well as transparent and to build relationships with each other by offering a wide array of tools and features including 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 learning and education platform for traders new to trading 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 range of resources for communication and trade that help traders from all walks of life network with each other. It offers gurus with worthy investments within the boundaries of the platform. Consider it the social media equivalent to Facebook and Reddit however it is geared towards experts and traders.
Profit.ly independently verifies trade performances and then publishes the information of them in the manner of leaderboards. The trading platform is built on transparency and honesty: it makes sure that trades are valid and won’t accept fake news as long as it is possible. It was established many years ago by penny expert in stock trading and investment guru Timothy Sykes, along with the other expert Michael Mosseri.
In an interview for Forbes magazine, Sykes stated that Profit.ly was based “on showing every trade, something that was never previously done.” This idea was, he said, serving two objectives: one) making public records for not just the gurus and newsletter writers and students as well as) allowing anyone on the platform to be enlightened by both the wins and losses for the trading industry’s benefit. Penny Stock Solar Companies
How Does It Perform?
Profit.ly follows a subscription-based model which allows stock traders to have access to a range of features and services aimed towards achieving success. You may set up an account on the site at no cost, however you’re only limited to having the ability to navigate through the leaderboards and monitor the actions 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 simple: Create a profile with your experiences and expertise, connect to your brokerage account, and you’ll be given the chance to climb your way to high on the leaderboard. Profit.ly’s leaderboard feature, as previously mentioned was designed to offer its users a glimpse of how the community of traders performs as well as its gurus. You’re not just allowed to prove your worth to a community of traders, but you can also utilize Profit.ly to buy with a guru, and have the confidence that you are confident with their expertise and the credibility of their assertions.
If you are unsure about the idea of sharing the details of your broker account then you could decide to share your trades, whether verified or not, via screenshots. In Profit.ly is the huge selection of trading classes and the capability to see stats in a trader’s profile and other methods to interact with your experts through the chatroom along with 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 guru who is famously known for delving his hands into the penny-stock market. According to Investopedia, a penny stock is a small business’s stock that trades for just less than 5 cents per share. The penny stock market could be viewed as a stepping stone for small companies to move into a larger market because it gives them access to funds from the general public. But don’t be mistaken – it’s also a high-risk game, which Sykes is sure to reveal through his many years of experience.
Beginning in his late years in high school, Tim Sykes has, since then, made over $6 million of earnings during his long and successful career as a trader. At the age of 25, he had been given greater exposure and an even wider influence over time when he became part of the reality TV show “Wall Street Warriors.” Then, he took advantage of it to create trading rooms as well as penny stock themes and educational content geared toward those who are just beginning to learn about the trading field. He also helped establish Profit.ly as a place of transparency and for the community to uplift and compete against each other through the platform.
The Profit.ly Gurus
One of Profit.ly’s amazing features is the variety of educational sources, trade alerts and other helpful stuff provided by the platform’s in-house gurus. The gurus in question refer to the experts in trading who have earned significant amounts of profit through their years of knowledge. Penny Stock Solar Companies
At its height, Profit.ly had housed up to five gurus, each of them a pro within their particular field within the world of trading. Some of the most prominent gurus included Connor Bruggermann, Nathan Michaud of Investors Underground, and Triforce, among a few others. As of this writing, only two gurus remain on the platform: the founder and penny stock trader Tim Sykes and veteran smallcap swing trader Paul Scolardi, also known as Superman. With that taken into consideration we’ll take a look at the packaged offers each guru has to offer.
From Tim Sykes Tim Sykes
Sykes provides a basic stock trading service which focuses on penny stock day trading through Tim’s Alerts. Costing $74.95 per month, you will be able to see him concentrate on the fundamental stock catalysts and use them to forecast the next possible moves in trading.
A standalone purchase from Tim’s Alerts will get you access to the chatroom and the mobile application that is available on iOS as well as Android devices, as well as text, e-mail and push alerts; as well as a daily watchlist of stocks.
from Tim Sykes: The Pennystocking Silver Package
Pennystocking Silver is the premium, upgraded version of the Tim’s Alerts program. It costs $149.95 for a month this is the perfect plan for investors who are committed to penny stock trading. Pennystocking Silver includes all the basic features of earlier plans which includes swing trading alerts as well as unlimited access to a library of more than 7,000 instructional videos and new videos released each week.
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From “Superman” Paul Scolardi: Superman Alerts
Scolardi who goes under the alias “Superman,” is a trader who has an eye for massive stocks of the small-cap size and insanely accurate marketing forecasts. In the time since he began as a trader, Superman has amassed over $5.5 million in all-time trading earnings. Penny Stock Solar Companies
The Superman Alerts plan is his package of vital features and alerts on trading geared towards those who might 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 shown in real-time, as well as 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 through the Superman Pro package. In addition to the basic features included in the Alerts package, Superman Pro gives you daily video lessons, which include the growing collection of other previous ones. Additionally you’ll also gain an access to high-quality research papers as well as the IPO and earnings tracker.
Profit.ly plans and costs
If you’re eager to join the trading community on the internet and make a mark on the field, Profit.ly has the right amount of resources to help 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 will cost you.
Novice Plan
This package for novices is Profit.ly’s entry-level plan designed especially for those who are just beginning their journey to the trading world. As you sign up for this package, you will be immediately offered a range of strong and vital trading tools, each of which is essential to keep your fingers on what we can describe as a cutthroat procedure in its own.
The list of features you can do using Profit.ly’s Novice program is the ability to confirm trades and track profits and follow-up, leading and even texting your fellow traders, as well as providing feedback on trades today. You’re also allowed to get on leaderboards; analyze, sort, and filter your trades; and, finally, see other people’s statistics.
The Novice plan will cost $29.95 per month. While it may look attractive just by the price, there is a downside. It isn’t possible to create a private account, making your activities publicly available. If you’re looking to gain an account with this option, you should be watching for us to introduce to you Profit.ly’s next strategy.
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 account that is private to share with fellow associates all your insights and knowledge you gain from this trading group.
Priced at $49.95/month, Profit.ly’s Trader plan is exactly what it says caters to those who desire to improve their trading skills. Although it’s a nice thing however, there’s a crucial aspect that’s not included. Unlike the previous Novice package, you will not be able to view other traders’ statistics this might be a drawback for some who may be anticipating this level. Penny Stock Solar Companies
Pro Plan
The Professional plan can be described as the highest luxurious package Profit.ly can offer to experienced traders. With $74.95 each month and an additional 22% discount for annual billing, this tier has it all. It gives you full, unlimited access to all the features of the previous plans.
In addition, you’ll be able to see other users’ stats as well, you’re also offered the option of creating your own private profile. These two features are in addition to the advantages that you can utilize to the fullest potential. If you’re looking for an option that gives you with everything you require as an experienced trader, the Pro plan is the right choice for you!
Profit.ly’s Other Services
Apart from the trainer tools and Leaderboards Profit.ly provides a variety of more services it has to offer. One of them is the online store, which lets users 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 site can be bought immediately for your personal use. Some of these include bestsellers such as”Trading Tickers, “Trading Tickers” series from trading expert Tim Grittani, Timothy Sykes’s collection of DVDs, streaming-only content on penny stocking, short stocking, as well as all aspects of trading. There are also clips and scenes from the Annual Pennystocking Conference, and products from other expert traders.
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The chat rooms that are integrated are as well part of Profit.ly’s array of services and features. You are probably familiar with the concept of the chat room since you can see it across messaging and social platforms, in addition to a few special websites that offer live chat assistance. However, in Profit.ly it’s seen as a area where experts and member traders can communicate and exchange knowledge in real-time. Each guru has their style in running their chat rooms and dealing with the members. Some may 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 chat rooms like Profit.ly’s version of a forum, in its essence.
Who is the Ideal Trader for Profit.ly?
Profit.ly’s variety of offerings and features are geared towards an array of stock traders, from beginners to experienced pros. Considering the number of offers it can provide this platform definitely has something for every person.
For instance, newbies can take advantage of Profit.ly’s collection of educational materials available across the platform. They will also be enriched with weekly videos and chat room tips from its in-house gurus and their members. They’ll also be able pick from the merchandise available in its online store for them to take wherever they go. They can also gain hands-on experience trading on the platform, but eventually, they will soon learn that trading 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 suited to them as those who are just starting. Although the novices might not be as proficient in dealing with trading issues however, experienced traders know how it works along with the risky mix associated with it. In the ideal scenario, they can utilize Profit.ly’s variety of features to their full advantage to enhance their skills in trading. As beginners, they are able to learn from the experts and experts , and use those quick tips and tidbits throughout the process.
Profit.ly’s “all-in” approach isn’t limited to novices and semi-experienced traders. Verified experts can also join in the enjoyment! Trade professionals who are at the same level as Superman as well as Tim Sykes can also use up Profit.ly’s capabilities to showcase their skills to others as a way to help navigate them through the ever-changing trading process. Penny Stock Solar Companies
Profit.ly’s Pros and Cons
The Pros
- Profit.ly’s numerous capabilities as a “one-stop” stock trading platform enable it to provide traders everywhere with a wealth of education, communication, and trading tools
- You get to be provided with excellent lessons 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 can be sure of complete transparency through Profit.ly with accurate analytics as well as fellow traders that are waiting to reach you out if something occurs.
- The leaderboard feature on the platform gives you the chance to establish your credibility as a trustworthy and dependable trader
- Apart from its main abilities, Profit.ly also gives its customers extra options that can be tailored to their individual preferences, for instance, posting unauthentic trades via photographs
- Profit.ly’s diverse range of subscription levels and guru packages are priced at reasonable prices – there truly is something for all
The Cons
- Profit.ly’s abundance of packages and products offered may be too much for most of its customers
- Since traders can choose to open any kind of trade, there’s the possibility that some of them may take advantage by cherry-picking the best trades to improve their ratings – this may be a problem that shouldn’t be simply overlooked
- Profit.ly does not accept refunds, as the premium customers are expected to instantly benefit from the many services the platform has to offer
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The Final Concluding Question The Final Verdict: Is Profit.ly worth it?
If we could come up with an appropriate answer for this query, it would be a ‘yes’. But you need to understand that this platform shouldn’t be viewed as a scheme to get rich quick. It wasn’t meant to be designed to achieve this goal. Instead, it is best to keep curiosity. Penny Stock Solar Companies
What we do mean”yes” is it can be a great learning tool. Those who may be stuck could discover Profit.ly’s variety of resources useful as they do their best to avoid losses and be more successful than before. Not only struggling traders that will profit from the platform. It is able to accommodate novices and even experts!
If you truly care about being more successful in trading and would like to be taught by your peers and experts on the way, take a look at Profit.ly. Profit.ly is a fantastic alternative to start.
FAQ Penny Stock Solar Companies
How do you use Profit.ly to make your trades public?
Profit.ly has a trade entry portion under the My Trade category on the dashboard which allows you to post your trades, verifiable or not. You may choose between three options:
- Linking your account with your brokerage of choice and then importing trades directly from there
- Manually inputting your trades with specified spaces and information.
- Take a photo of your transactions
How do I know whether the trade can be verified or not?
If you purchase your trade from a reputable brokerage, there is the chance that it is verifiable. This is shown by the blue check mark. If you submit it in a manual way or by taking screenshots, it will automatically be classified as unverified.
The drawback of posting an unverified trade is the risk of receiving downvotes from fellow peers. A large number of downvotes could result in you appearing on the Madoff leaderboard, which is where the public can see who’s fraudulent in posting trades.
Are 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 in the Google Play store. The mobile version of the app is compatible with the majority of working smartphones and tablets.
How many people are currently connected to Profit.ly?
Profit.ly currently houses more than 150,000 traders and investors, since they’re not just seeking to make the most profit but also to help one another grow and learn more about acquiring opportunities in the stock market all over the world.
