Stock trading is an exciting game with high stakes. On some days, you could be reaping the benefits of positive and satisfactory numbers. However, on other days you may experience the opposite, and it may sometimes be extremely difficult to get back to where you were your peak. If you’re always in the mud it is important to realize that relying on instinct and survival might not be enough.
If you’ve been incurring loss from time to time and you’re likely to require solid advice from seasoned and tested trading experts. Additionally, you’ll require an enormous boost from your fellow traders from around the globe, which is why we’ve identified an online platform that will help you in your improvement in the market. This review will take the time to 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. Do check out our article below, however, because it has a comprehensive overview of Profit.ly.
Total Rating: 4.1/5 Penny Stock Tips For Today
Value: 4.1/5
Quality: 4.1/5
Costs: 4.1/5
User Experience: 4.5/5
Summary
Profit.ly offers an internet-based trading service that enables traders of various levels to be informative and accountable, as well as transparent and uplifting with each other through its broad variety of tools and features like trade verification, chat rooms as well as an extensive library of educational content.
What exactly is Profit.ly?
Profit.ly is a site for trading which serves as a training and learning platform for those who are starting out and also as a platform for experienced traders to track their performance through the use of cutting-edge analytics tools. Offering users a broad variety of tools for trade and communication and letting traders from all walks of life network with each other. It offers gurus with worthy investments within the boundaries that the site. Imagine it as a social media site akin the likes of Facebook and Reddit but with a focus on experts and traders.
Profit.ly independently checks the performance of trades and publishes all data from them in the form of leaderboards. The platform for trading is built on transparency and honesty: it ensures that the transactions are legitimate and will not allow for fraud as much as it is possible. It was created in the past by penny stock trade expert and investment expert Timothy Sykes, along with his colleague Michael Mosseri.
In an interview for Forbes magazine Sykes said that Profit.ly was motivated by its focus “on the transparency of the entire spectrum of trades, something which has never been done before.” This idea was, he said, serving two purposes: 1) keeping track of public data for not just the gurus and newsletter authors and students, and 2) allowing everyone on the platform to learn from both losses and wins for the trading industry’s benefit. Penny Stock Tips For Today
How Does It How Does It
Profit.ly is a subscription-based platform which allows stock traders to gain access to a multitude of services and features geared at achieving achievement. You can create an account for free, but you’re only given the capability to browse the leaderboard and observe the activities of people who aren’t gurus. If you’re looking to invest your money in order to find out what stocks the experts are trading in real-time it is necessary to join one of Profit.ly’s offerings, which we will go over shortly.
Making an account simple: Create a profile with your experiences and skills, join your brokerage account, and you’ll have a chance to shoot your way up to at the very top of the list. Profit.ly’s leaders’ board feature as we’ve mentioned earlier it is designed to provide its users a look at how the community of traders performs as well as its experts. You’re not just allowed to prove value to a group of traders. You can also use Profit.ly to shop with a professional with the assurance that you’re confident with their expertise and the veracity of their claims.
If you are unsure about the idea of divulging your brokerage account, you can opt to post your trades, whether verified or not, via photographs. Also included in Profit.ly is the huge selection of trading courses, the ability to view stats in a trader’s profile as well as other ways to communicate with your gurus via chatrooms 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 trader who is well-known for delving his hands into trades in penny stocks. According to Investopedia, a penny stock is a small business’s shares that trade for under $5 for each share. The trading of penny stocks can be seen as an opportunity for small companies to move into a larger market because it allows them to access funds from the general public. However, don’t get it wrong – it’s also an extremely risky activity, as Sykes is sure to reveal through his many years of expertise.
Beginning 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 trader. At the age of 25 Sykes was given more exposure and a wider reach of influence when he was a part of the reality series “Wall Street Warriors.” He then made use of the show to develop trading rooms, penny stock themes, as well as educational content targeted at those who are new to trading. He also played a role in establishing Profit.ly as a platform for openness, and to allow the community to rise and compete against each other on the platform.
The Profit.ly Gurus
One of Profit.ly’s sweet inclusions is the variety of education resources, trade alerts, and other helpful stuff provided by the platform’s in-house gurus. These gurus refer to experts in the field of trading who have earned substantial amounts of money from their collective years of knowledge. Penny Stock Tips For Today
At its height, Profit.ly had housed up to five gurus, each of them an expert 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 others. As of this writing, there are only two gurus who remain on this platform: Founder and penny stock trader Tim Sykes and veteran smallcap swing trader Paul Scolardi, also known as Superman. With that taken into consideration Let’s look at the packaged offers each guru can offer.
From Tim Sykes: Tim’s Alerts
Sykes provides a basic stock trading service that focuses on penny-stock day trading via Tim’s Alerts. At $74.95 monthly, you will 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 and the mobile app that’s available for iOS and Android devices; text, e-mail, and push alerts; and a daily stock watchlist.
Tim Sykes: From Tim Sykes: The Pennystocking Silver Package
Pennystocking Silver is the most 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 more invested in investing in penny stocks. Pennystocking Silver offers all the essential features found in earlier plans including swing trading alerts and unlimited access to an extensive library of more than 7,000 instructional videos, with new ones released every week.
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The following video is from “Superman” Paul Scolardi: Superman Alerts
Scolardi who goes under the alias “Superman,” is a professional in swing trading with an eye for massive stocks of the small-cap size and insanely accurate marketing forecasts. Through the years since he began as a trader, Superman has amassed over $5.5 million in total trading earnings. Penny Stock Tips For Today
The Superman Alerts plan is his offering of essential features and trading alerts targeted toward those who may be interested. For $147/month, you’ll get access to the daily premarket stock watchlist as well as the mobile app, the daily market commentary in real-time, and SMS and e-mail alerts.
From “Superman” Paul Scolardi: Superman Pro
For the price of $247, you receive additional features and access to the extensive knowledge base of information provided by Superman himself through Superman Pro. Superman Pro package. On top of the essentials included in the Alerts package, Superman Pro gives you daily video lessons, which include a growing library of all other previous ones. In addition you’ll also have an access to high-quality research papers as well as the IPO or earnings monitor.
Profit.ly Programs and Costs
If you’re ready to join the trading community on the internet and leave a mark in the market, Profit.ly has the right amount of tools to get you up and running. The platform has three membership levels that cater to traders with different levels. Let’s look at what the three tiers are and how much they’ll cost you.
Novice Plan
The package called Novice is Profit.ly’s beginning-of-the-line plan specifically for people who are brand new to the trading world. When you sign to this plan you’ll be provided with a variety of powerful and essential trading tools, all of them integral in keeping your fingers on what we can describe as a cutthroat process by itself.
The list of features you can do with Profit.ly’s Novice package is the capability to check trades and track profits as well as leading, following, and even messaging your fellow traders, as well as giving feedback on the trades of today. You can also get on leaderboards; analyze your trades, sort or filter the trades you make and, finally, see other people’s statistics.
The Novice plan is $29.95 per month. Although it looks attractive simply because of the price, there is a downside. You can’t create a private profile, which makes your personal information public. If you’re interested in have the benefit of this service, stay tuned as we introduce to you Profit.ly’s new plan.
Trader Plan
The Trader package lets users to benefit from a majority of features from The Novice package. It is in this plan that you can create a private profile to share with fellow associate users all your knowledge and information you have gained from this trading group.
Costing $49.95/month, Profit.ly’s Trader plan is exactly what it says catering to those who desire to develop their expertise in trading. Although it’s a nice thing however, there’s a crucial feature that is missing. Unlike the previous Novice package, this one won’t be able view other traders’ stats this could be a disadvantage for those who are anticipating this level. Penny Stock Tips For Today
Pro Plan
This is by far the most premium package that Profit.ly can offer to experienced traders. It costs $74.95 monthly, with 22% off for billing annually the Pro plan has it all. It gives you full, unlimited access to all options of the previous plans combined.
Not only do you get to view other people’s stats, but you’re also given the option of creating an individual profile. Both of these options, in addition to 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 trader with experience, the Pro level is ideal for you!
Profit.ly’s Other Services
Apart from the provided trainer tools and leadersboards Profit.ly has a few more services it has to provide. One of these is its online store, which lets users choose from a wide array of video products created to guide you through the ins and outs of trading. The products listed on this page of the site can be bought immediately for your personal use. Among these products include best-sellers like”Trading Tickers,” the “Trading Tickers” series from trading professional Tim Grittani, Timothy Sykes’s library of DVDs and streaming-only content related to penny stocking, short stocking, as well as all 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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Chat rooms integrated into Profit.ly are included in Profit.ly’s variety of services and features. You are probably familiar with the concept of the chat room since you can see it across social and messaging platforms, and also on a few specialty websites that provide live chat support. However, in Profit.ly the chat room is viewed as a hands-on place where gurus and their members trade and exchange knowledge in real-time. Each guru has their style when it comes to running their chat room and dealing with the members. One might be more laid back and not very often active, while another might be more active and in touch to their pupils. Think of the chat rooms as Profit.ly’s version of the forum, in essence.
Who is the ideal Trader for Profit.ly?
Profit.ly’s variety of offerings and features caters to a large variety of stock trader types, from beginners to experienced pros. Given the wide range of options it offers this platform definitely has something for everyone.
For instance, newbies can take advantage of Profit.ly’s library of learning content offered throughout the platform. Not only will they get daily videos and chat room tips from its in-house gurus and their members. They’ll also be able to pick from the merchandise available from its online store that they can take with them wherever they go. They can also gain hands-on experiences from trading within the platform, however they’ll be able to realize that this 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 equally suitable to them as the newcomers. While novice traders may not be as well-equipped with handling trading matters, the pros already understand how it works and the risky mix that come with it. Ideally, they may make use of Profit.ly’s array of features to their full advantage to develop their skills in trading. As beginners, they are able to learn from the top experts and experts and utilize those short tips and tricks to help them along.
Profit.ly’s “all-in” approach isn’t limited to novices as well as semi-seasoned traders. Experts who have been verified can also participate in the enjoyment! People in the trade industry who are at similar levels to Superman and Tim Sykes can also use up Profit.ly’s capabilities to showcase their skill to others as a way to navigate them through the ever-changing trading process. Penny Stock Tips For Today
Profit.ly’s Pros and Pros and
The Pros
- Profit.ly’s numerous capabilities as a ‘one-stop’ stock trading platform allows it to provide traders everywhere with tons of learning tools, communication, and trading tools
- You will be taught by experts and advice from the company’s in-house gurus, including 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 out whenever something happens
- The leaderboard feature on the platform gives you the chance to establish your reputation as a reliable and authentic trader
- In addition to its primary capabilities, Profit.ly also gives its users extra options to suit their individual preferences, for instance, posting trades that are not authentic by taking photographs
- Profit.ly’s diverse range of subscription plans and guru packages are priced at reasonable prices – there truly is something for every person
The Cons
- Profit.ly’s bountiful stream of packages and products offered may not be enough for most of its customers
- Since traders can choose to open any kind of trade, there is a possibility that some of them may take advantage by selecting the best trades in order to increase the rating this could be a concern that should not be ignored.
- Profit.ly does not offer 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 the answer, it would be a ‘yes’. However, you must realize that the platform should not be used as a quick-fix scheme to make money. The platform was not always designed to be used to achieve this goal. Instead, you should have curiosity. Penny Stock Tips For Today
What we mean”yes” is it could be a useful learning tool. Those who may be stuck may discover Profit.ly’s range of resources to be helpful as they do their best to reduce losses and perform better than they did before. Not only struggling traders that will profit from the platform. It is able to accommodate novices and even experts in the field!
So, if you genuinely want to become a better trader and want to be taught by your fellows and gurus throughout the process, then look no further – Profit.ly could be a good choice to start.
FAQ Penny Stock Tips For Today
How do you use Profit.ly to make your trades public?
Profit.ly has the option of allowing trade entries in the ‘My Trade section of the dashboard which lets you post your trades, verifiable or otherwise. There are three choices:
- Linking your account with your brokerage of choice and then importing trades directly from there
- Manually entering your trades into the spaces provided and details
- Take a photo of your transactions
How can I tell if the trade is verifiable or not?
If you buy your trade through a reliable brokerage, there’s a high chance that it is verifiable. This is indicated with the small blue check. If you upload the information manually or via images, it will be classified as unverified.
The disadvantage of an unauthentic trade is the possibility of getting downvotes from your colleagues. Too many downvotes may cause you to be listed in the Madoff leaderboard, which is where the public can detect who’s being untruthful in submitting trades.
Are the Profit.ly mobile application 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 functioning tablets and smartphones.
How many are using Profit.ly?
Profit.ly currently houses more than 150,000 traders and investors, because they are not just looking to earn maximum profits but also assist each other to develop and grow in their ability to take advantage of opportunities on the stock market left and right.
