The stock market can be an exciting game with high stakes. On certain days, you may have the benefit of positive and satisfying numbers. On other days, the opposite may happen and it can be very difficult to return to where you were your peak. If you are always in the mud You will need to recognize that relying on pure instinct and preservation might not be enough.
If you’ve experienced loss from time to time You’ll need reliable advice from tested and tried trading experts. Also, you’ll need a significant boost from your trading partners from all over the world, which is why we’ve discovered an option that can help you in your improvement in the market. We’ll take 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. 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 That Could Explode
User Experience: 4.5/5
Profit.ly can be described as an online platform for trading that allows traders of all levels to be informative, transparent, accountable, and to build relationships with each other through its broad range of features and tools like chat rooms, trade verification, and an enriched library of educational content.
How do I define Profit.ly?
Profit.ly is a site for trading that serves both as a learning and training platform for people who are just beginning their journey and as a hub for experienced traders to track their performance with the help of sophisticated analytics tools. Offering users a broad array of options to facilitate trade and communication that help traders from every field of business connect with each other. It offers gurus with worthwhile investments within the confines of the platform. Imagine it as an online social media platform similar like Facebook and Reddit however it is geared towards traders and experts.
Profit.ly independently validates trade performance and publishes all data from them in the style of leaderboards. The platform for trading is built on trust and transparency. it guarantees that the trades are valid and won’t tolerate inauthenticity as much as possible. It was established years ago by the penny stock trade expert and investment guru Timothy Sykes, along with fellow expert Michael Mosseri.
One time during his appearance in Forbes magazine Sykes stated that Profit.ly was based “on showing the entire spectrum of trades, something which was never previously done.” The concept was, he said, serving two purposes: 1) keeping track of public data for everyone, not just the experts, but also the students and newsletter writers as well as) allowing anyone on the platform to be enlightened by both the wins and losses to benefit the industry of trading. Penny Stock That Could Explode
How Does It How Does It
Profit.ly utilizes a subscription model which allows stock traders to have access to a range of services and features geared toward success. You may set up an account there at no cost, however you’re limited to the ability to navigate through the leaderboard and follow the activities of people who aren’t gurus. If you’re ready to invest your money and see which stocks the gurus are trading in real-time, you will need to subscribe to any of Profit.ly’s offers that we’ll review in the coming days.
Setting up an account is easy: create an account that includes your personal information and knowledge, then connect to your brokerage account, and you have yourself a chance to shoot your way to high on the leaderboard. Profit.ly’s Leaderboard function, which was previously mentioned was designed to offer its users a glimpse of their performance as a trading group and its experts. You’re not just allowed to prove that you’re worthy to the group of traders, but you are also able to use Profit.ly to shop with a guru, and have the assurance that you’re comfortable of their knowledge and the veracity of their claims.
If you are unsure about the idea of divulging information about your account with a brokerage, you may choose to publish your trades, verified or not, via photographs. Also included in Profit.ly is the huge selection of courses in trading, the ability to view statistics on a person’s profile, and more ways to interact with your experts via chatrooms along with notifications via email or text as well as updates.
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Meet the Founder: Tim Sykes
Timothy Sykes is a well-renowned day trading guru who is well-known for delving his hands into penny stock trading. According to Investopedia the term “penny stock” is a small business’s stock that trades for under $5 for each share. The trading of penny stocks could be viewed as a stepping stone for small businesses to transition to a market that is larger as it gives them access to money from the general public. However, don’t get it wrong – it’s also an extremely risky game, as Sykes can surely tell because of his decades of experience.
Since his initial beginnings in the latter years of the high schools, Tim Sykes has, since then, earned more than $6 million in profits throughout his illustrious career as a trader. At 25 years old Sykes was given greater exposure and a larger reach of influence as a participant in the reality show “Wall Street Warriors.” He made use of the show to establish trading rooms, penny stock themes, and educational material aimed at those who are new to trading. He also helped establish Profit.ly as a place for transparency and to allow the community to rise and compete through the platform.
The Profit.ly Gurus
One of Profit.ly’s most appealing features is the variety of learning tools, trade alerts and other useful stuff offered by the platform’s in-house gurus. Gurus are referred to the trading experts who have made significant amounts of profit through their years of experience. Penny Stock That Could Explode
At its height, Profit.ly had housed up to five gurus. Each of them a pro in their field of expertise in the field 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, there are only two gurus who remain on the platform: 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 can offer.
From Tim Sykes Tim Sykes: Tim’s Alerts
Sykes offers a basic stock trading service that focuses on penny stock day trading through Tim’s Alerts. Costing $74.95 for a month you will see him focus on the fundamental catalysts for stocks and utilize them to anticipate the next possible moves in making trades.
A standalone purchase in Tim’s Alerts will get you access to the chatroom and the mobile application that is available for iOS and Android devices; texts, emails and push alerts as well as a daily watchlist of stocks.
from Tim Sykes: The Pennystocking Silver Package
Pennystocking Silver is the premium version that has been upgraded of the Tim’s Alerts package. At $149.95 monthly, it is the perfect plan for those who are committed to investing in penny stocks. Pennystocking Silver offers all the essential features of earlier plans such as alerts for swing trading and access to an extensive library of over 7,000 educational videos and new videos released every week.
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The following video is from “Superman” Paul Scolardi: Superman Alerts
Scolardi who is known under the alias “Superman,” is a professional in swing trading with an eye for small-cap monumental stocks and crazy-accurate marketing forecasts. In the time since when he first started trading, Superman has amassed over $5.5 million in total trading earnings. Penny Stock That Could Explode
The Superman Alerts plan is his package of vital features and alerts on trading geared to those interested. For $147/month, you’ll get an access to the day-to-day stock watchlist that is premarket as well as the mobile application, daily market commentary shown in real time, and email and SMS alerts.
From “Superman” Paul Scolardi: Superman Pro
At $247/month, you get additional features and access to the extensive knowledge base of information provided by Superman himself via the Superman Pro package. On top of the essentials included in the Alerts plan, Superman Pro gives you daily video lessons, which include an ever-growing library of previous lessons. On top of that, you’ll also get an access to high-quality research papers and the IPO as well as earnings tracking tool.
Profit.ly plans and costs
If you’re eager to join the online trading community and leave a mark in the industry, Profit.ly has the right amount of resources to get you going. The platform offers three membership levels, each designed for traders with different levels. Let’s break down what these three levels are and what they’ll cost you.
The Novice package is Profit.ly’s entry-level plan designed especially for those who are just beginning their journey to the world of trading. When you sign to this plan you’ll be offered a range of strong and vital trading tools, each of them integral in keeping your fingers on what could call a ruthless process by itself.
Some of the features you can do with Profit.ly’s Novice package include the ability to confirm the results of your trades and track profit and follow-up, leading and even texting your fellow traders, as well as providing feedback on trades today. You can also get on leaderboards, analyze the results of your analysis, sort, or filter the trades you make and, lastly, view other people’s statistics.
The Novice plan will cost $29.95 per month. Although it looks attractive simply because of the price, there is a downside. You can’t create a private account, making your actions public. If you do want to have an account with this option, you should be watching for us to introduce to you Profit.ly’s next strategy.
The Trader plan allows users to benefit from 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 other associate users all the insights and knowledge you gain from this trading group.
The price is $49.95/month, Profit.ly’s Trader plan is exactly what it says: Cater people who want to harness their skills in trading. As nice as it seems, there is one significant element that’s missing. Unlike the previous Novice package, you will not be able to see other traders’ statistics that might be a drawback for those who are eager to try this new tier. Penny Stock That Could Explode
The Pro plan is the highest luxurious package Profit.ly offers to experienced traders. With $74.95 each month and a 22% discount for annual billing the Pro plan has everything. You get full, no-holds-barred access to all the features of the previous plans combined.
In addition, you’ll be able to view other people’s stats, but you’re also given the opportunity to create an individual profile. Both of these features, plus the other benefits that you can use to the fullest potential. If you’re in search of an account that will give you everything you need as trader with experience, the Pro tier could be the right choice for you!
Profit.ly’s Other Services
Apart from the training tools and the leadersboards Profit.ly has a few other services they offer. One of those is its online store, which allows users to choose from a wide array of videos created to provide guidance on the ins and outs of trading. Each of the offerings listed in this section of the website is available to be bought immediately for your personal use. Among these products include best-sellers like”Trading Tickers, “Trading Tickers” series by trader specialist Tim Grittani, Timothy Sykes’s collection of DVDs, streaming-only content on penny stocking, short stocking, and all other related to trading, videos and clips from The Annual Pennystocking Conference, and products from other expert traders.
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Chat rooms integrated into Profit.ly are also part of Profit.ly’s array of features and services. You’re probably familiar with the concept of chat rooms since you can find it throughout social and messaging platforms, as well as some specialty websites that provide live chat assistance. However, in Profit.ly it’s seen as a place where gurus and their members trade and learn in real time. Each guru has their style when it comes to running their chat room and dealing with the members. One of them may be more laid back and not very often active, while another might be more active and in touch in their interactions with students. Think of chatrooms as Profit.ly’s version of a forum, in its essence.
Who is the Ideal trader to Profit.ly?
Profit.ly’s variety of offerings and features cater to the wide range of stock trader types, from novices to experienced professionals. Given the wide range of options it has to offer, the platform surely has something for everyone.
For instance, newbies will enjoy Profit.ly’s library of learning materials available across the platform. In addition, they will be enriched with weekly videos and chat room advice by its internal gurus and members. Additionally, they can choose from the items on its store online that they can take with them wherever they go. Additionally, they can gain practical experience trading on the platform, but ultimately they’ll be able to realize that trading is a high stakes game that shouldn’t be taken as an opportunity to make fun of.
For those traders who have had decades of experience in the line, we see Profit.ly as equally as suitable to them as those who are just starting. Although the novices might not be as adept at managing trading but the experts already know how it works and the stack full of risks that it carries. It is ideal to make use of Profit.ly’s variety of features to their best advantage to develop their trading abilities. Like novices, they can study from the gurus as well as experts, and take advantage of quick tips and tidbits to help them along.
Profit.ly’s “all-in” approach does not only apply to beginners or semi-experienced trader. Experts who have been verified can also participate in the enjoyment! Trade professionals who are at the same level as Superman as well as 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 assist them in the ever-changing trading process. Penny Stock That Could Explode
Profit.ly’s Pros and Pros and
- Profit.ly’s many capabilities as a ‘one-stop’ stock trading platform enable traders from all over the world with an abundance of knowledge tools, communication, and trading tools
- You will be taught by experts and advice from the company’s inside experts, as well as collections of educational videos as well as live trading activity.
- You’re guaranteed transparency throughout Profit.ly with accurate analytics as well as other traders ready to call you out whenever something happens
- The leaderboard feature of the platform offers you a way to build your credibility as a trustworthy and dependable 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 diverse range of subscription plans and guru packages are priced at reasonable prices – there truly is something for all
- Profit.ly’s abundance of packages and products offered may not be enough for the majority of its customers
- Since traders can choose to post any kind of trade, there is a possibility that some of them may take advantage by selecting the best trades in order to improve their ratings This could be a risk that shouldn’t be ignored.
- Profit.ly will not allow refunds because its premium users are expected to instantly benefit from the many services that the platform can offer
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The Final Verdict: Is Profit.ly worth it?
If we could think of an appropriate answer for this query, it would be an affirmative “yes”. But it is important to realize that this platform shouldn’t be viewed as a quick-fix scheme to make money. It wasn’t meant to be designed to achieve this goal. Instead, you should have curiosity. Penny Stock That Could Explode
What we mean”yes” is it is a fantastic learning tool. For those who are struggling, they may be able to find Profit.ly’s array of resources useful when they try their best to incur lesser losses and be more successful than they did before. It’s not only the struggling traders who will benefit from this platform. It is able to accommodate novices and even experts!
If you really want to become more successful in trading and would like to be taught by your peers and experts on the way, you should look no further than Profit.ly. Profit.ly is a fantastic choice to start.
FAQ Penny Stock That Could Explode
How do you use Profit.ly to make your trades public?
Profit.ly has a trade entry portion under the ‘My Trade’ category of the dashboard that lets you post your trades, verifiable or otherwise. You may choose between three options:
- Connecting your account to your brokerage of choice and then importing transactions directly through there
- Manually entering your trades into specified spaces and information.
- Upload a screenshot of your transactions
How can I tell whether the trade can be verified or not?
If you import your trade through a reliable brokerage, there is an excellent likelihood that it can be verified. This is evident by the blue check mark. If you upload the information manually or via images, it will be assigned as unverified.
The disadvantage of an unauthentic trade is the possibility of getting downvotes from your fellow peers. Too many downvotes may cause you to show up on the Madoff leaderboard, where users can see who’s untruthful in submitting trades.
Are the Profit.ly mobile app still in use?
As of this writing, 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 works with all operating tablets and smartphones.
How many people are using Profit.ly?
Profit.ly is currently home to over 150,000 traders and investors, since they’re not just seeking to make the most profit but also help each other grow and learn more about acquiring stock market opportunities all over the world.