The stock market can be a high-stakes game. On some days, you may enjoy the benefits of positive and satisfying numbers. However, on other days it could be the reverse and it could be extremely difficult to get back to where you were your peak. If you find yourself always in the mud You will need be aware that relying solely on instinct and survival is not always enough.
If you’ve experienced occasional losses, you’re gonna be needing sound advice from tried-and-tested trading experts. You’re also gonna need a significant boost from your fellow traders from around the globe. That’s why we’ve found an option that can help you to improve your performance in the industry. In this review, we’ll take the time to look at Profit.ly A well-respected 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.
Total Rating: 4.1/5 Penny Stock That Will Explode
Value: 4.1/5
Quality: 4.1/5
Costs: 4.1/5
Users Experience 4.5/5
Summary
Profit.ly can be described as an online platform for trading that permits traders of various levels to be knowledgeable and accountable, as well as transparent and to build relationships with each other through its broad array of tools and features like trade verification, chat rooms and a rich library of educational material.
What exactly is Profit.ly?
Profit.ly is a trading site that serves both as a training and learning platform for those who are just beginning their journey and also as a platform for traders who are experienced to monitor their performance through the use of cutting-edge analytics tools. Offering users a broad range of resources for communication and trade, it helps traders from every field of business connect with one another. It offers gurus with worthy investments within the boundaries of the platform. Imagine it as the social media equivalent the likes of Facebook and Reddit, but for experts and traders.
Profit.ly independently checks the performance of trades and publishes all data from them in the style of leaderboards. The trading platform is built on honesty and transparency: it guarantees that the transactions are legitimate and will not tolerate inauthenticity as much as it is possible. It was created in the past by penny stock trade expert and investment expert Timothy Sykes, along with the other expert Michael Mosseri.
In an interview for Forbes publication, Sykes said that Profit.ly was based “on the transparency of the entire spectrum of trades, something which has never been prior to.” The concept Sykes said served two goals: 1.) keeping track of public data for not just the gurus, but also the students and newsletter writers and secondly) allowing anyone on the platform to learn from both losses and wins for the trading industry’s benefit. Penny Stock That Will Explode
How Does It Work?
Profit.ly utilizes a subscription model which allows stock traders to have access to a range of services and features geared at achieving success. It is possible to create an account at no cost, however you’re only given the ability to navigate through the leaderboard and observe 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, you will need to join one of Profit.ly’s offerings, which we will review in the coming days.
Making an account easy: create a profile with your experiences and skills, join your brokerage account, and you’ll be given an opportunity to make your way to at the very top of the list. Profit.ly’s leaders’ board feature as previously mentioned, is designed to give its users a look at the performance of the trading community and its gurus. It’s not only a chance to demonstrate value to a group of traders, as you are also able to use Profit.ly to purchase with a guru, and have the confidence that you are confident in their skills and the veracity of their assertions.
If you feel uneasy with the idea of divulging information about your account with a brokerage, you can decide to share your trades, verified or not, via photographs. Also included in Profit.ly is the huge selection of trading classes, the ability to view statistics on a person’s profile as well as other ways to interact with your experts in the chatroom, as well as 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 has been famously known for his involvement in the penny-stock market. According to Investopedia, a penny stock is a small business’s stock which trades at just less than 5 cents per share. The penny stock market can be seen as an opportunity for small businesses to transition to a market that is larger as it allows them to access money from the general public. But don’t be mistaken – it’s also an extremely risky activity, as Sykes can surely tell because of his decades of expertise.
Beginning in the latter years of High School, Tim Sykes has, since then, made over $6 million of profits throughout his illustrious career as trader. At the age of 25 Tim Sykes had received more exposure and a wider influence over time as a participant in the reality series “Wall Street Warriors.” He used the opportunity to create trading rooms, penny stock themes, and educational material aimed at those who are new to trading. He also played a role in establishing Profit.ly as a platform for transparency, and for the community to uplift and compete on the platform.
The Profit.ly Gurus
One of Profit.ly’s sweet inclusions is the vast array of learning tools, trade alerts and other useful stuff offered by the platform’s in-house gurus. The gurus in question refer to the experts in trading who have proven to make significant amounts of profit from their combined years of experience. Penny Stock That Will Explode
At its height, Profit.ly had housed up to five gurus, each of them a pro within their particular field in the trading industry. Some of the prominent experts were Connor Bruggermann, Nathan Michaud of Investors Underground, and Triforce among others. At the time of writing however, 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. When we take that into account Let’s look at what packaged deals each guru has to offer.
From Tim Sykes Tim Sykes
Sykes offers basic stock trading services with the main priority being penny-stock day trading via Tim’s Alerts. Costing $74.95 monthly, you’ll see him focus on the fundamental stock catalysts and use them to anticipate the next possible moves in 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 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, upgraded version of the Tim’s Alerts package. At $149.95 monthly, it is a great option for investors who are committed to penny stock trading. Pennystocking Silver comes with all the standard features that were included in the previous plan, which includes swing trading alerts as well as unlimited access to an extensive library of over 7,000 educational videos that are updated weekly.
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The following video is from “Superman” Paul Scolardi: Superman Alerts
Scolardi who goes under the name “Superman,” is a swing trading professional with an eye for both small-cap monumental stocks and crazy-accurate marketing forecasts. Through the years since the time he started trading, Superman has amassed over $5.5 million in trading earnings. Penny Stock That Will Explode
The Superman Alerts plan is an offering of essential features and trading alerts targeted towards those who might be interested. For just $147 per month, you’ll have an access to the day-to-day premarket stock watchlist as well as the mobile app, daily market updates in real-time, and email and SMS alerts.
The film “Superman” Paul Scolardi: Superman Pro
For $247 per month, you can enjoy additional features, plus access to the extensive knowledge base that is provided by Superman himself via Superman Pro. Superman Pro package. On top of the essentials featured in the Alerts package, Superman Pro gives you weekly video lessonsthat include an ever-growing library of other previous ones. Additionally, you’ll also get the ability to access premium reports on research and the IPO or earnings monitor.
Profit.ly plans and costs
If you’re looking to join the online trading community and leave your mark on the field, Profit.ly has the right amount of resources to help you up and running. The platform has three membership tiers that cater to traders with different levels. Let’s break down what these three tiers are and how much they’ll cost you.
Novice Plan
The package called Novice is Profit.ly’s entry-level plan designed especially for those who are new to the trading community. Once you have signed up for this plan you’ll be offered a range of strong and essential trading tools, all of which is essential to keep your fingers on what can describe as a cutthroat process in and of itself.
The list of features you can do with Profit.ly’s Novice package include the capability to check trades and track profits as well as leading, following and even chatting with your fellow traders; and providing feedback on trades today. You can also get onto leaderboards; study your trades, sort and filter your trades; and lastly, look at other’s stats.
The Novice plan costs $29.95 per month. While it may look attractive simply because of the price, there is a downside. It isn’t possible to create a private account, making your activities publicly available. If you do want to get the benefit of this service, stay tuned as we introduce to you Profit.ly’s next strategy.
Trader Plan
The Trader package allows users to benefit from the majority of features available in the novice plan. This plan allows that you can set up an account that is private to share with other associates all your insights and intel in trader’s community.
Priced at $49.95/month, Profit.ly’s Trader plan will do what the name implies: Cater for those looking to develop their trading skills. While it’s nice but there’s one important aspect that’s not included. In contrast to the Novice package, this one won’t be able to view the statistics of other traders this might be a drawback for those eager to try this new tier. Penny Stock That Will Explode
Pro Plan
This is by far the highest premium package that Profit.ly could offer for seasoned traders. At $74.95 each month and a 22% discount when billed annually the Pro plan has it all. You get full, no-holds-barred access to all features of the prior plans.
In addition, you’ll be able to look at other people’s statistics, but you’re also given the opportunity to create your own private profile. Both of these features, on top of all the advantages you’ll be able to use to the maximum extent. If you’re in search of an account that will give all the features you need to be an experienced trader, the Pro plan is for you!
Profit.ly’s Other Services
Apart from the training tools and the Leaderboards Profit.ly provides a variety of other services they provide. One of them is the online store, which lets users pick from a range of videos that are designed to educate and provide guidance on the nuances and pitfalls of trading. All of the products featured on this page of the site can be purchased immediately for personal use. Some of these include bestsellers like”Trading Tickers,” the “Trading Tickers” series by trader expert Tim Grittani, Timothy Sykes’s collection of DVDs and streaming-only content related to short stocking, penny stocking, and all other aspects of trading. There are also clips and footage from events like the Annual Pennystocking Conference, and other products by expert traders.
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The integrated chat rooms are also part of Profit.ly’s range of features and services. You’re probably familiar with the chat room since you can see it across social and messaging platforms in addition to a few special websites that provide live chat support. But in Profit.ly the chat room is viewed as a hands-on space where experts and their members can interact and exchange knowledge in real-time. Each guru has their style in running their chat rooms and dealing with the members there. Some may be more laid back and less active, while another may be more active and in touch to their pupils. Consider chatrooms as Profit.ly’s version of the forum in its essence.
Who is the Ideal Trader for Profit.ly?
Profit.ly’s wide range of products and features are geared towards the wide range of stock traders, ranging from beginners to experienced pros. With the variety of deals it can provide this platform definitely has something for all.
For instance, newbies will enjoy Profit.ly’s collection of educational content offered throughout the platform. Not only will they be enriched with weekly videos and chat room tips by its internal gurus as well as their members. Additionally, they can select from the products from its online store for them to take wherever they may travel. You can also get hands-on experiences from trading within the platform, however, they will soon learn that this is a high-stakes game that shouldn’t be treated as an amusing pastime.
For those traders who have had many years of experience down the line, we see Profit.ly as equally as suitable for them as it is for those who are just starting. While novice traders may not be as well-equipped with managing trading however, experienced traders know the way it functions and the stack full of risks associated with it. In the ideal scenario, they can utilize Profit.ly’s range of features to their full advantage to enhance their trading abilities. As beginners, they are able to learn from the top experts and experts and utilize those quick tips and tidbits along the way.
Profit.ly’s ‘all-together’ nature doesn’t just apply to newbies or semi-experienced trader. Certified experts can also take part in the fun! Trade professionals who are at similar levels to Superman as well as Tim Sykes can also use up Profit.ly’s abilities to show off their skills to others in order to assist them in the ever-changing trading process. Penny Stock That Will Explode
Profit.ly’s Pros and Pros and
The Pros
- Profit.ly’s many capabilities as a “one-stop’ stock trading platform enable traders across the globe with an abundance of knowledge communications, trading, and communication tools
- You’ll be taught by experts and advice from the company’s internal experts, which include video libraries that teach you how to learn and live trading activity.
- You’re guaranteed transparency throughout Profit.ly with accurate analytics and fellow traders that are waiting to reach you when something goes wrong.
- The leaderboard feature on the platform gives you a way to build your reputation as a reliable and verifiable trader
- Apart from its main abilities, Profit.ly also gives its customers additional options to meet their preferences, such as posting unverifiable trades through photographs
- Profit.ly’s variety of packages and subscription levels are priced at a reasonable cost There is truly something for all
The Cons
- Profit.ly’s abundance of packages and services offered could be too much for a lot of its users
- If traders decide to make any type of trade, there’s the possibility that some of them will profit by selecting the best trades in order to improve their ratings – 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 number of services the platform has to 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 an affirmative “yes”. But you need to understand that it shouldn’t be treated as a scheme to get rich quick. It wasn’t meant to be designed to achieve this goal. Instead, you need to have an open mind. Penny Stock That Will Explode
What we mean”yes” is that it could be a useful learning tool. Those who may be stuck could find Profit.ly’s range of resources to be helpful in their efforts to incur lesser loss and perform better than before. Not only struggling traders that will benefit from this platform. It can accommodate beginners and even experts!
So, if you genuinely want to become better at trading and wish to learn from your fellows and gurus along the way, then take a look at Profit.ly. Profit.ly could be a good choice to start.
FAQ Penny Stock That Will Explode
How can you make use of Profit.ly to post your trades?
Profit.ly has an entry section for trades under the ‘My Trade category on the dashboard that allows you to post your trades, verifiable or otherwise. You may choose between three choices:
- Connecting your account to your broker of choice and import transactions directly through there
- Manually entering your trades using specified spaces and information.
- Take a photo of your trades
How do I know whether the trade can be verified or not?
If you buy your trade from a trusted brokerage, there’s the likelihood that it can be verified. This is evident by the small blue check. If you submit the information manually or via screenshots, it will automatically be assigned as unverified.
The drawback of posting an unauthenticated trade is the possibility of receiving negative feedback from fellow peers. A large number of downvotes could result in you appearing in the Madoff leaderboard, where users can see who’s dishonest in posting trades.
Does the Profit.ly mobile app still available?
At the time of writing, Profit.ly is still available to download via the App Store for Apple and the Google Play store. The mobile version of the app is compatible with most operating tablets and smartphones.
How many are on Profit.ly?
Profit.ly is currently home to over 150,000 investors and traders as they not only are trying to maximize profits but also assist each other to learn and improve in acquiring opportunities on the stock market all over the world.
