Stock trading can be an extremely risky game. On certain days, you might have the benefit of positive and satisfactory numbers. On other days it could be the reverse and it can be very difficult to get back to where you were your best. If you find yourself constantly stuck in the gutter You will need to realize that relying on pure instinct and preservation is not always enough.
If you’ve suffered loss from time to time, you’re gonna be needing reliable advice from tested and tried trading experts. You’re also gonna need an important boost from trading partners from all over the globe, which is why we’ve found an online platform that will help you in your growth within the field. In this review, we’ll be taking 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. Do check out our article below, however, because it has a comprehensive overview of Profit.ly.
Total Rating: 4.1/5 Penny Stock That Will Make You Rich
Users Experience 4.5/5
Profit.ly can be described as an online platform for trading that enables traders of all levels to be informative, transparent, accountable, and to build relationships with each other through its broad variety of tools and features such as chat rooms, trade verification and a rich library of educational material.
What exactly is Profit.ly?
Profit.ly is a trading site which serves as a learning and training platform for traders who are just beginning their journey and also as a platform for traders with experience to keep track of their performance through the use of advanced analytics tools. Providing users with a wide variety of tools to facilitate trade and communication and letting traders from every field of business connect with each other. It offers gurus with worthy investments within the boundaries of this 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 posts all the data from them in the form of leaderboards. The platform’s trading model is based on honesty and transparency: it guarantees that the trades are valid and won’t accept fake news as long as is humanly possible. It was founded many years ago by penny expert in stock trading and investment expert Timothy Sykes, along with his colleague Michael Mosseri.
One time during his interview for Forbes magazine Sykes said that Profit.ly was motivated by its focus “on showing every trade, something that has never been done before.” The concept Sykes said served two goals: 1.) making public records for everyone, not just the experts, but also the students and newsletter writers, and 2) making it possible for anyone on the platform to gain insight into both the wins and losses for the trading industry’s benefit. Penny Stock That Will Make You Rich
How Does It How Does It
Profit.ly utilizes a subscription model which allows stock traders to gain access to a multitude of tools and services that are geared at achieving achievement. You can create an account on the site at no cost, however you’re only given access to the leaderboard and follow the actions of non-gurus. If you’re ready to invest your money in order to find out what stocks the experts are trading in real-time, you will need to subscribe to any of Profit.ly’s offers, which we will go over shortly.
Making an account simple: Create an account with your experience and expertise, connect to your brokerage account and you’ll be given a chance to shoot through high on the leaderboard. Profit.ly’s leaders’ board feature as we’ve mentioned earlier, is designed to give its users an insight into how the community of traders performs as well as its gurus. It’s not just a way to prove that you’re worthy to the large group of traders, as you are also able to use Profit.ly to purchase with a professional with the assurance that you’re comfortable with their expertise and the legitimacy of their assertions.
If you’re not comfortable with the concept of leaking information about your account with a brokerage, then you could choose to publish your trades, verified or otherwise, through screenshots. Also included in Profit.ly are the vast number of trading courses, the ability to view the stats of a trader’s account as well as other ways to interact with your experts in the chatroom, along with email and text alerts as well as updates.
Meet the Founder: Tim Sykes
Timothy Sykes is a well-renowned day trading personality who is well-known for delving his hands into trades in penny stocks. According to Investopedia, a penny stock is a small business’s stock which trades at under $5 for each share. Penny stock trading could be viewed as an opportunity for small companies to move to a large marketplace as it allows them to access funds from the general public. But don’t be mistaken – it can also be a high-risk game, which Sykes can surely tell through his many years of experience.
Since his initial beginnings at the end of his time in the high schools, Tim Sykes has, since then, made more than $6 million in earnings through his lengthy career as trader. At 25 years old Tim Sykes had received more exposure and a wider influence over time when he became part of the reality TV show “Wall Street Warriors.” He then made use of the show to establish trading rooms as well as penny stock themes as well as educational content targeted at people who are brand new to the trading field. He also helped to establish Profit.ly as a platform for transparency, and for the community to uplift and compete with each other through the platform.
The Profit.ly Gurus
One of Profit.ly’s amazing features is the variety of learning resources, trade alerts, and other helpful stuff provided by the in-house experts of the platform. These gurus refer to the experts in trading who have earned substantial profits from their collective years of expertise. Penny Stock That Will Make You Rich
At its height, Profit.ly had housed up to five gurus, all of them a pro within their particular field in the field of trading. Some of the most famous gurus included Connor Bruggermann, Nathan Michaud of Investors Underground, and Triforce, among a few others. As of this writing, there are only two gurus who remain on the platform: the founder as well as penny-stock trader Tim Sykes and veteran smallcap swing trader Paul Scolardi, also known as Superman. When we take that into account, let’s take a look at the packages each guru has to offer.
From Tim Sykes: Tim’s Alerts
Sykes provides basic stock trading services that focuses on penny-stock day trading via Tim’s Alerts. At $74.95 per month, you will observe him focus on basic stock catalysts and employ them to predict the next possible moves in making trades.
A purchase on its own in Tim’s Alerts will get you access to the chatroom as well as the mobile app available on 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 most premium, upgraded version of the Tim’s Alerts program. It costs $149.95 per month, this is the perfect plan for those who are committed to the penny-stock market. Pennystocking Silver offers all the essential features of prior plans, including alerts for swing trading and access to a library of more than 7,000 instructional videos, with new ones released each week.
From “Superman” Paul Scolardi: Superman Alerts
Scolardi who goes under the name “Superman,” is a professional in swing trading with an eye for both tiny-cap massive stocks as well as wildly accurate marketing forecasts. Since he began as a trader, Superman has amassed over $5.5 million in total trading earnings. Penny Stock That Will Make You Rich
The Superman Alerts plan is an package of vital features and trading alerts targeted toward those who may be 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 updates in real-time, and SMS and e-mail alerts.
In “Superman” Paul Scolardi: Superman Pro
At $247/month, you get additional features, as well as access to an extensive base of knowledge provided by Superman himself, via his Superman Pro package. Alongside the standard features featured in the Alerts plan, Superman Pro gives you daily video lessons, which include an ever-growing library of the previous ones. In addition you’ll also have the ability to access premium reports on research and the IPO or earnings monitor.
Profit.ly Programs and Costs
If you’re looking to join the world of online trading and leave a mark in the industry, Profit.ly has the right amount of resources to help you going. The platform has three membership levels, each designed for traders with different levels. Let’s break down what these three levels are and what they will cost you.
This package for novices is Profit.ly’s beginning-of-the-line plan specifically for people who are brand new to the world of trading. As you sign up for this package you’ll be provided with a variety of powerful and essential trading tools, each of them integral in keeping your fingers on what could call a ruthless process by itself.
The list of features you can do using Profit.ly’s Novice package include the capability to check the results of your trades and track profit as well as leading, following and even chatting with your fellow traders; and giving feedback on the trades of today. It also allows you to be onto leaderboards; study the results of your analysis, sort, and filter your trades and lastly, look at other people’s statistics.
The Novice plan will cost $29.95 per monthly payment. Although it looks attractive simply because of the price, there is a downside. You aren’t able to create a personal account, making your personal information public. If you’re looking to gain an account with this option, stay tuned as we introduce to you Profit.ly’s next strategy.
The Trader Plan
The Trader package allows users to benefit from many of the features of the novice plan. In this plan, that you are able to create an account that is private to share with fellow associate users all the insights and knowledge you gain from the trading community.
The price is $49.95/month, Profit.ly’s Trader plan will do what the name implies caters for those looking to harness their trading skills. While it’s nice, there is one significant feature that is missing. In contrast to the Novice package, you won’t be able view other traders’ stats that could be a disadvantage for those who are eager to try this new tier. Penny Stock That Will Make You Rich
The Professional plan can be described as the highest premium package that Profit.ly offers to experienced traders. With $74.95 monthly, and an additional 22% discount for billing annually, this tier has it all. You get full, no-holds-barred access to all features of the prior plans.
Not only do you get to view other people’s stats and data, but you also have the option of creating a private profile. These two features are plus the other advantages you’ll be able to use to their fullest capacity. If you’re in search of an account that will give you everything you need as an experienced trader, the Pro tier could be for you!
Profit.ly’s Other Services
Apart from the training tools and the leadersboards Profit.ly has a few additional services that it can offer. One of those is its online store, which allows users to select from a variety of instructional videos that are that are designed to educate and help you understand the ins and outs of trading. All of the products featured in this section of the site can be bought immediately for your personal use. Among these products include best-sellers such as”Trading Tickers,” the “Trading Tickers” series by trading specialist Tim Grittani, Timothy Sykes’s collection of DVDs, streaming-only content related to penny stocking, short stocking, and other aspects of trading. There are also clips and footage from The Annual Pennystocking Conference, and items from other experts in trading.
The chat rooms that are integrated are also part of Profit.ly’s variety of features and services. You may be familiar with the concept of the chat room since you can see it across social and messaging platforms as well as some specialty websites that offer live chat assistance. But in Profit.ly, it is seen as a hands-on area where experts and members can interact and exchange knowledge in real-time. Each guru has their style when it comes to running their chat room and dealing with the members. Some may be more laid back and less engaged, while another could be more interactive and online with their students. Think of the chat rooms as Profit.ly’s version of the forum in its essence.
Who is the Ideal trader to Profit.ly?
Profit.ly’s wide range of products and features caters to a large variety of stock traders, from novices to experienced professionals. Given the wide range of options it can provide it is certain to have something for every person.
For instance, newbies will enjoy Profit.ly’s knowledge-based materials available across the platform. They will also be provided with videos every week and chat room tips from the in-house experts and members. Additionally, they can choose from the items in its online store that they can take with them wherever they be. Additionally, they can gain practical experiences by trading through the platform, but eventually they’ll be able to realize that the process is a risky game that shouldn’t be treated as an amusing pastime.
For traders who have decades of experience in the road, we consider Profit.ly as equally as suitable for them as it is for the newcomers. While novice traders may not be as well-equipped with handling trading matters, the pros already understand the way it functions and the risky mix associated with it. Ideally, they may make use of Profit.ly’s array of features to their full advantage to develop their skills in trading. Like beginners, they can learn from the top experts as well as experts, and take advantage of simple tips and hints to help them along.
Profit.ly’s “all-in” approach doesn’t just apply to newbies as well as semi-seasoned traders. Verified experts can also join in the fun! People in the trade industry who are on 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 navigate them through the ever-changing trading process. Penny Stock That Will Make You Rich
Profit.ly’s Pros and Pros and
- Profit.ly’s many capabilities as a ‘one-stop’ platform for trading stocks allows traders across the globe with a wealth of education communications, trading, and communication tools
- You get to be taught by experts and insights from its in-house gurus, including collections of educational videos as well as trading in real-time.
- You’re assured of transparency throughout Profit.ly by using accurate data as well as other traders who are ready to reach you when something goes wrong.
- The leaderboard feature on the platform gives you the opportunity to increase your credibility as a trustworthy and authentic trader
- In addition to its primary features, 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 plans and guru packages are priced at affordable rates There’s something for everyone
- Profit.ly’s numerous products and packages offered might be too much for a lot of its users
- Since traders can choose to post any kind of trade, there is an opportunity that some them could profit from picking the most profitable trades to increase the rating This could be a risk that shouldn’t be ignored.
- Profit.ly does not accept refunds as its premium users are expected to immediately take advantage of the numerous services that the platform can offer
The Final Verdict The Final Verdict: Is Profit.ly Valued?
If we could think of an answer to this question, it’s a ‘yes’. But you need to understand that it shouldn’t be treated as a scheme to get rich quick. The platform was not always designed to be used to achieve this goal. Instead, it is best to keep the ability to think with an open heart. Penny Stock That Will Make You Rich
What we do mean”yes” is it could be a useful learning tool. Those who may be stuck might discover Profit.ly’s array of resources helpful as they do their best to avoid losses and be more successful than before. It’s not only 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 learn from your peers and experts on the way, you should look no further than Profit.ly. Profit.ly is a fantastic option to begin.
FAQ Penny Stock That Will Make You Rich
How can you make use of Profit.ly to post your trades?
Profit.ly includes a trade entry portion in the My Trade’ category of the dashboard that lets you post your trades, either verified or not. There are three choices:
- Connecting your account to your brokerage of choice and importing the trades from that directly
- Manually inputting your trades with specified spaces and information.
- Take a photo of your trades
How can I tell if the trade is verifiable or not?
If you buy your trade from a trusted brokerage, there is a high likelihood that it can be verified. This is indicated with the small blue check. If you upload it in a manual way or by taking pictures, it will be assigned as unverified.
The downside of having an unauthenticated trade is the possibility of getting downvotes from your fellow peers. A large number of downvotes could result in you appearing in the Madoff leaderboard, where users are able to identify who is dishonest in posting trades.
Is the Profit.ly mobile application still available?
As of this writing, Profit.ly is still available to download via the App Store for Apple and on the Google Play store. The mobile version of the app is compatible with the majority of functioning tablets and smartphones.
How many are connected to Profit.ly?
Profit.ly currently houses more than 150,000 investors and traders 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 left and right.