Stock trading can be an exciting game with high stakes. Some days, you might enjoy the benefits of positive and satisfying numbers. However, on other days you may experience the opposite, and it may sometimes be very difficult to get back to the point you were at your most productive. If you’re always in the mud it is important to realize that relying on pure instinct and preservation is not always enough.
If you’ve suffered losses from time to time, you’re gonna be needing sound advice from tried-and-tested trading experts. Additionally, you’ll require an important boost from colleagues in the market from all over the globe. That’s why we’ve discovered an online platform that will help you in your improvement in the market. 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. Do check out our article below, however, because it has a comprehensive overview of Profit.ly.
Overall Rating: 4.1/5 Penny Stock To Buy April 2021
Value: 4.1/5
Quality: 4.1/5
Costs: 4.1/5
Users Experience 4.5/5
Summary
Profit.ly offers an internet-based trading service that allows traders of various levels to be knowledgeable, transparent, accountable, and to build relationships with each other by offering a wide variety of tools and features like trade verification, chat rooms and a rich library of educational material.
How do I define Profit.ly?
Profit.ly is a site for trading that functions as a training and learning platform for people who are just beginning their journey and as a hub for traders with experience to keep track of their performance with the help of cutting-edge analytics tools. Offering users a broad range of resources for trade and communication and letting traders from every field of business connect with one another. It gives the gurus worthwhile investments within the confines of the platform. Imagine it as a social media site akin like Facebook and Reddit however it is geared towards traders and experts.
Profit.ly independently validates trade performance and posts all the data from them in the form of leaderboards. The platform for trading is built on transparency and honesty: it makes sure that transactions are legitimate and will not accept fake news as long as is humanly possible. It was established many years ago by penny expert in stock trading and investment guru Timothy Sykes, along with fellow expert Michael Mosseri.
In an appearance in Forbes publication, Sykes stated that Profit.ly was motivated by its focus “on showing every trade, something that was never prior to.” The concept was, he said, serving two goals: 1.) making public records for everyone, not just the experts, but also the newsletter writers and students and secondly) allowing anyone on the platform to be enlightened by the losses and wins to the benefit of the trading industry. Penny Stock To Buy April 2021
How Does It Work?
Profit.ly is a subscription-based platform that lets stock traders have access to a range of services and features geared at achieving achievement. You can create an account there for free, but you’re only limited to having the capability to browse the leaderboards and monitor the activities of non-gurus. If you’re interested in investing your money and see which stocks the gurus are trading in real-time, you will need to join one of Profit.ly’s offers, which we will discuss in the near future.
Making an account simple: Create a profile with your experiences and expertise, connect to your brokerage account and you have yourself an opportunity to make through at the very top of the list. Profit.ly’s leaders’ board feature as we’ve mentioned earlier, is designed to give its users a glimpse of how the community of traders performs and its experts. You’re not just allowed to demonstrate your worth to a community of traders, as you can also utilize Profit.ly to purchase with a professional with the assurance that you’re confident of their knowledge and the legitimacy 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, verified or not, by taking screenshots. Also included in Profit.ly are a variety of trading classes as well as the ability to look at statistics on a person’s profile, and more ways to connect with your gurus through the chatroom in addition to email and text alerts as well as updates.
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Meet the Founder: Tim Sykes
Timothy Sykes is a well-renowned day trading personality who is famously known for delving his hands into trades in penny stocks. According to Investopedia Penny stock refers to a small company’s stock that trades for just less than 5 cents per share. The trading of penny stocks could be viewed as a stepping stone for small-scale businesses to make the transition into a larger market because it gives them access to capital from the public. But don’t make the mistake of thinking that it can also be an extremely risky game, as Sykes can surely tell because of his decades of experience.
Since his initial beginnings at the end of his time in high school, Tim Sykes has, since then, made over $6 million of profits throughout his illustrious career as trader. At the age of 25, he had been given more exposure and a wider impact as a participant in the reality show “Wall Street Warriors.” Then, he used the opportunity to establish trading rooms, penny stock themes, as well as educational content targeted at those who are new to the trading field. He also helped to establish Profit.ly as a place for transparency, and for the community to uplift and compete with each other on the platform.
The Profit.ly Gurus
One of Profit.ly’s most appealing features is the vast array of education tools, trade alerts as well as other useful information provided by the platform’s in-house gurus. Gurus are referred to experts in the field of trading who have proven to make significant amounts of profit from their combined years of expertise. Penny Stock To Buy April 2021
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 prominent experts included Connor Bruggermann, Nathan Michaud of Investors Underground, and Triforce among others. As of this writing, however, only two gurus remain on the platform: the founder of the penny stock market Tim Sykes and veteran smallcap swing trader Paul Scolardi, also known as Superman. When we take that into account we’ll take a look at the packages each guru offers.
From Tim Sykes Tim Sykes
Sykes provides a basic stock trading service that focuses on penny stock day trading through Tim’s Alerts. Costing $74.95 for a month you’ll be able to see him concentrate on the basic stock catalysts and employ them to anticipate the next move that is possible when making trades.
A single purchase from Tim’s Alerts will get you access to the chatroom, as well as the mobile app that’s available on iOS as well as 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 highest-quality version that has been upgraded of the Tim’s Alerts program. At $149.95 for a month it is a great option for those who are involved in penny stock trading. Pennystocking Silver comes with all the standard features of the previous plan, including swing trading alerts as well as unlimited access to a rich library of more than 7,000 instructional videos that are updated every week.
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The following video is from “Superman” Paul Scolardi: Superman Alerts
Scolardi, who goes by the name “Superman,” is a swing trading professional with an eye for small-cap monumental stocks and crazy-accurate marketing forecasts. In the time since he began as a trader, Superman has amassed over $5.5 million in trading profits. Penny Stock To Buy April 2021
The Superman Alerts package 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 stock watchlist that is premarket along with the mobile app, daily market commentary in real-time, as well as email and SMS alerts.
The film “Superman” Paul Scolardi: Superman Pro
For $247 per month, you can enjoy additional features, plus access to an extensive base of knowledge 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 weekly video lessonsthat include an ever-growing library of other previous ones. Additionally you’ll also gain an access to high-quality research papers and the IPO and earnings tracker.
Profit.ly plans and costs
If you’re eager to join the online trading community and make a mark on the field, Profit.ly has the right amount of tools to get you up and running. The platform offers three membership levels that are designed to accommodate traders at different levels. Let’s look at what the three levels are and what they’ll cost you.
Novice Plan
The package called Novice is Profit.ly’s basic plan that is designed specifically for those who are new to the world of trading. As you sign up for this plan you’ll be offered a range of strong and indispensable trading tools, each of which is essential to keep your fingers on what we can describe as a cutthroat process by itself.
The list of features you can accomplish with Profit.ly’s Novice program is the capability to check trades and track profits and follow-up, leading and even chatting with your fellow traders; and providing feedback on trades today. It also allows you to be on leaderboards, analyze your trades, sort or filter the trades you make; and, finally, see the statistics of other traders.
The Novice plan will cost $29.95 per monthly payment. Although it looks attractive for the price alone, there is a downside. You can’t create a private profile, thus making your personal information public. If you’re looking to get an account with this option, you should stay tuned as we introduce to you Profit.ly’s next plan.
Trader Plan
The Trader plan allows users to benefit from the majority of features available in the Novice plan. It is in this plan that you are able to create an account that is private to share with other associate users all the insights and information you have gained from trader’s community.
Priced at $49.95/month, Profit.ly’s Trader plan will do what the name implies catering for those looking to develop their expertise in trading. As nice as it seems however, there’s a crucial aspect that’s not included. As opposed to the prior Novice package, this one won’t be able to see other traders’ statistics this could be a disadvantage for those looking forward to this tier. Penny Stock To Buy April 2021
Pro Plan
The Pro plan is the most premium package that Profit.ly can offer to experienced traders. At $74.95 per month, which includes an additional 22% discount for annual billing This plan offers it all. It gives you full, unlimited access to all options of the previous plans.
You’re not only able to view other people’s stats and data, but you also have the option of creating an individual profile. Both of these features, 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 all the features you need to be trader with experience, the Pro plan is the right choice for you!
Profit.ly’s Other Services
In addition to the training tools and the Leaderboards Profit.ly provides a variety of more services it has to offer. One of these is its online store, which lets users select from a variety of instructional videos that are created to provide guidance on the nuances and pitfalls of trading. Each of the offerings listed on this page of the website is available to be purchased immediately for personal use. These include best-selling products 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, as well as all related to trading, videos and footage from The Annual Pennystocking Conference, and products from other expert traders.
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The chat rooms that are integrated are also part of Profit.ly’s range of services and features. You’re probably familiar with the concept of the chat room since you will see it on social and messaging platforms, and also on a few specialty websites that offer live chat support. But on Profit.ly it’s seen as a hands-on area where experts and members trade and learn in real time. Every guru has their own way in running their chat rooms and in dealing with the members there. One of them may be more laid back and rarely 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 variety of offerings and features caters to the wide range of stock trader types, from novices to experienced professionals. With the variety of deals it can provide it is certain to have something for every person.
Beginners, for instance, can take advantage of Profit.ly’s knowledge-based materials available across the platform. In addition, they will be enriched with weekly videos and chat room advice by its internal gurus as well as their members. Additionally, they can select from the products from its online store that they can take with them wherever they be. You can also get hands-on experience trading on the platform, but ultimately, they will soon learn that trading is a risky game that shouldn’t be treated as an amusing pastime.
For traders who have decades of experience in the line, we believe Profit.ly as equally as suitable to them as those who are just starting. Although the novices might not be as adept at handling trading matters however, experienced traders know the way it functions and the risky mix that come with it. Ideally, they may make use of Profit.ly’s array of options to their maximum advantage to enhance their skills in trading. Like novices, they can learn from the experts and experts , and use those short tips and tricks throughout the process.
Profit.ly’s “all-in” approach doesn’t just apply to newbies as well as semi-seasoned traders. Certified experts can also take part in the enjoyment! Those in the trading industry who are on the same level as Superman or Tim Sykes can also use the power of Profit.ly’s capabilities to showcase their skill to others as a way to help assist them in the ever-changing trading process. Penny Stock To Buy April 2021
Profit.ly’s Pros and Pros and
The Pros
- Profit.ly’s numerous capabilities as a “one-stop’ platform for trading stocks allows traders across the globe with tons of learning tools, communication, and trading tools
- You get to be taught by experts and insights from its internal experts, which include collections of educational videos as well as real-time trading activities
- You’re guaranteed transparency throughout Profit.ly with precise 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 opportunity to increase your credibility as a trustworthy and authentic trader
- Apart from its core features, 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 wide array of subscription plans and guru packages are priced at reasonable prices There is truly something for all
The Cons
- Profit.ly’s bountiful stream of packages and services offered could not be enough for the majority of its customers
- As traders may opt to post any kind of trade, there’s the possibility that some of them will profit by selecting the best trades in order to boost their rating – this may be a risk that shouldn’t be ignored.
- Profit.ly does not accept refunds because its premium users will immediately benefit from the many services the platform has to provide
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The Final Concluding Question is: Is Profit.ly Worth It?
If we were able to come up with an answer to this question, it’s a ‘yes’. But you need to understand that it shouldn’t be treated as a get-rich-quick scheme. It wasn’t designed to be used to achieve this goal. Instead, you should have curiosity. Penny Stock To Buy April 2021
What we do mean”yes” is it can be a great learning tool. Those who may be stuck may be able to find Profit.ly’s range of resources helpful as they do their best to reduce losses and perform better than before. Not only 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 truly care about being a better trader and want to learn from your peers and experts along the way, then you should look no further than Profit.ly. Profit.ly is a fantastic choice to start.
FAQ Penny Stock To Buy April 2021
What are the best ways to use Profit.ly to post your trades?
Profit.ly has the option of allowing trade entries within the ‘My Trade category on the dashboard. It lets you post your trades that are verified or not. There are three choices:
- Connecting your account to your broker of choice and import transactions directly through there
- Manually inputting your trades with specified spaces and information.
- Send a screen shot of your trades
How can I tell if the trade is verifiable or not?
If you import your trade through a reliable brokerage, there’s an excellent probability that it’s verifiable. This is evident by the blue check mark. If you upload it manually or through images, it will be classified as unverified.
The drawback of posting an unauthenticated trade is the chance of receiving negative feedback from friends and colleagues. Too many downvotes may cause you to be listed on the Madoff leaderboard, where people are able to identify who is untruthful in submitting trades.
Are the Profit.ly mobile app still in use?
As of the moment, Profit.ly is still available to download from the Apple App Store and on the Google Play store. The mobile version of the app works with all functioning tablets and smartphones.
How many are using Profit.ly?
Profit.ly is currently home to over 150,000 investors and traders, because they are not just seeking to make the most profit but also assist each other to develop and grow in their ability to take advantage of opportunities in the stock market both right and left.
