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 it could be the reverse and it could be very difficult to return to where you were your peak. If you’re always in the mud You will need be aware that relying solely on instinct and survival may not always be enough.
If you’ve suffered loss from time to time and you’re likely to require solid advice from seasoned and tested trading experts. You’re also gonna need an enormous boost from your trading partners from all over the globe. That’s why we’ve found an option that can help you in your improvement in the industry. We’ll be taking a look at Profit.ly is a well-known 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 To Look Out For
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 permits traders of all levels to be informative and accountable, as well as transparent and to build relationships with one another through its wide variety of tools and features like chat rooms, trade verification, and an enriched library of educational material.
What is Profit.ly?
Profit.ly is a site for trading which serves as a training and learning platform for people new to trading as well as a place for experienced traders to track their performance through the use of cutting-edge 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 also allows gurus to make an opportunity to invest in the right areas of this platform. Imagine it as the social media equivalent the likes of Facebook and Reddit but with a focus on professionals and traders.
Profit.ly independently verifies trade performances and posts all the data from them in the form of leaderboards. The platform for trading is built on trust and transparency. it makes sure that transactions are legitimate and will not allow for fraud as much as possible. It was established many years ago by penny stock trade expert and investment guru Timothy Sykes, along with fellow expert Michael Mosseri.
One time , during an interview with Forbes publication, Sykes said that Profit.ly was based “on the transparency of the entire spectrum of trades, something which has never been previously done.” The concept, he added, served two objectives: one) keeping track of public data for all traders, not just the gurus, but also the newsletter authors and students and secondly) making it possible for anyone on the platform to be enlightened by the losses and wins to benefit the industry of trading. Penny Stock To Look Out For
How Does It How Does It
Profit.ly follows a subscription-based model which allows stock traders to benefit from a variety of tools and services that are geared towards achieving success. It is possible to create an account there for free, but you’re limited to access to the leaderboards and monitor the activities of people who aren’t gurus. If you’re ready to invest your money to see what stocks the experts are trading in real time it is necessary to sign up to one of Profit.ly’s deals that we’ll review in the coming days.
Making an account simple: Create an account that includes your personal information and skills, join your brokerage account, and you’ll be given the chance to climb your way up to at the very top of the list. Profit.ly’s leaders’ board feature as we’ve mentioned earlier, is designed to give its users an insight into their performance as a trading group as well as its experts. It’s not just a way to show that you’re worthy to the group of traders, but you can also use Profit.ly to buy with a professional with the confidence that you are confident in their skills and the credibility of their claims.
If you feel uneasy with the concept of leaking your brokerage account, you can decide to share your trades, either verified or otherwise, through photographs. Also included in Profit.ly are the vast number of courses in trading and the capability to see stats in a trader’s profile and other methods to connect with your gurus 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 trader who is famously known for his involvement in trades in penny stocks. According to Investopedia Penny stock refers to a small-sized company’s stock that trades for less than $5 per share. The penny stock market could be viewed as an avenue for small businesses to transition into a larger market because it gives them access to capital from the general public. But don’t make the mistake of thinking that it can also be a high-risk game, which Sykes can surely tell thanks to his years of experience.
Since his initial beginnings in his late years in the high schools, Tim Sykes has, since then, earned more than $6 million in earnings throughout his illustrious career as trader. At 25 years old Tim Sykes had received greater exposure and a larger reach of influence when he became part of the reality show “Wall Street Warriors.” Then, he used the opportunity to establish trading rooms and penny stock themes and educational content geared toward those who are just beginning to learn about trading. He also played a role in establishing Profit.ly as a place of transparency, and to allow the community to rise and compete with each other through the platform.
The Profit.ly Gurus
One of Profit.ly’s amazing features is the wide range of education tools, trade alerts as well as other useful information provided by the in-house experts of the platform. These gurus refer to the trading experts who have proven to make substantial profits from their combined years of knowledge. Penny Stock To Look Out For
At its height, Profit.ly had housed up to five gurus, all of them a professional in their niche in the trading industry. Some of the most famous experts included Connor Bruggermann, Nathan Michaud of Investors Underground, and Triforce among others. At the time of writing there are only two gurus who remain on this platform: the founder of the penny stock market Tim Sykes and veteran smallcap swing trader Paul Scolardi, also known as Superman. In light of that, let’s take a look at the packages each guru can offer.
From Tim Sykes: Tim’s Alerts
Sykes provides basic stock trading services that focuses on penny-stock day trading via Tim’s Alerts. Costing $74.95 per month, you’ll be able to observe him focus on basic stock catalysts and employ them to forecast the next move that is possible when making trades.
A single purchase in Tim’s Alerts will get you access to the chatroom as well as the mobile app that’s available to iOS and Android devices, texts, emails, and push alerts; as well as a daily watchlist of stocks.
Tim Sykes: From Tim Sykes: The Pennystocking Silver Package
Pennystocking Silver is the highest-quality, upgraded version of the Tim’s Alerts package. At $149.95 monthly, this is a great option for investors who are invested in penny stock trading. Pennystocking Silver comes with all the standard features that were included in the previous plan, such as swing trading alerts as well as unlimited access to a library of more than 7,000 instructional videos, with new ones released each week.
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In “Superman” Paul Scolardi: Superman Alerts
Scolardi who is known under the alias “Superman,” is a trader who has an eye for both tiny-cap massive stocks as well as wildly accurate marketing forecasts. Since when he first started trading, Superman has amassed over $5.5 million in all-time trading earnings. Penny Stock To Look Out For
The Superman Alerts package is his package of vital features and trading alerts 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 in real time, and SMS and e-mail alerts.
In “Superman” Paul Scolardi: Superman Pro
For the price of $247, you receive additional features and access to an extensive base of knowledge of information provided by Superman himself via the Superman Pro package. On top of the essentials that are included in the Alerts plan, Superman Pro gives you weekly video lessons, including an ever-growing library of previous lessons. On top of that you’ll also gain an access to high-quality research papers as well as the IPO and earnings tracker.
Profit.ly plans and costs
If you’re looking to join the world of online trading and leave your mark on the market, Profit.ly has the right amount of resources to help you going. The platform has three membership tiers that cater to traders with different levels. Let’s break down what these 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 trading community. When you sign to this plan, you will be immediately given a slew of robust and essential trading tools, all of them integral in keeping your hands on what we could call a ruthless process in and of itself.
Among the list of things you can accomplish using Profit.ly’s Novice package is the ability to confirm the results of your trades and track profit; leading, following and even chatting with other traders; and providing feedback on trades today. It also allows you to be on leaderboards, analyze, sort, and filter your trades and, lastly, view other’s stats.
The Novice plan costs $29.95 per monthly payment. While it may look attractive for the price alone but there’s a disadvantage. It isn’t possible to create a private account, making your actions public. If you do want to gain access to this feature, be watching for us to introduce to you Profit.ly’s next plan.
The Trader Plan
The Trader package lets you to use the majority of features available in the Novice plan. In this plan, that you are able to create an individual profile that allows you to share with other associate users all the insights and knowledge you gain from the trading community.
Priced at $49.95/month, Profit.ly’s Trader plan does what the name suggests catering people who want to harness their expertise in trading. While it’s nice but there’s one important element that’s missing. Unlike the previous Novice package, you won’t be able view the statistics of other traders, which could be a disadvantage for those who are anticipating this level. Penny Stock To Look Out For
Pro Plan
The Pro plan is the most luxurious package Profit.ly offers to experienced traders. It costs $74.95 each month with 22% off for annual billing, this tier has it all. It gives you full, unlimited 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 chance to create your own private profile. These two features are in addition to the benefits that you can use to the maximum extent. If you’re in search of an account that will give you everything you need as a skilled trader, maybe the Pro tier could be ideal for you!
Profit.ly’s Other Services
Apart from the tools for training and Leaderboards Profit.ly provides a variety of 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 guide you through the nuances and pitfalls of trading. All of the products featured on this page of the website is available to be immediately purchased for personal use. These include best-selling products such as the “Trading Tickers” series from trading expert Tim Grittani, Timothy Sykes’s collection of DVDs, streaming-only content related to penny stocking, short stocking, and other things trading-related, clips and clips from events like the Annual Pennystocking Conference, and items from other experts in trading.
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Chat rooms integrated into Profit.ly are as well part of Profit.ly’s variety of services and features. You’re probably familiar with the chat room as you can find it throughout messaging and social platforms, and also on a few specialty websites that provide live chat support. But on Profit.ly it’s seen as a space where experts and their member traders can communicate and share knowledge in real-time. Every guru has their own style in running their chat rooms and dealing with the listed members there. Some may be laid back and not very often engaged, while another could be more online and communicative to their pupils. Consider chat rooms as Profit.ly’s version of a forum, in essence.
Who is the best Trader for Profit.ly?
Profit.ly’s diverse range of products and features caters to a large variety of stock traders, from beginners to experienced pros. Considering the number of offers it can provide, the platform surely has something for every person.
Beginners, for instance, can take advantage of Profit.ly’s collection of educational content offered throughout the platform. Not only will they be provided with videos every week and chat room advice from its in-house 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. They can also gain hands-on experience trading on the platform, but eventually they’ll be able to realize that this is a high-stakes game that shouldn’t be taken as a joke.
For traders who have decades of experience in the line, we see Profit.ly equally suitable to the newcomers. Although the novices might not be as proficient in dealing with trading issues but the experts already know how it works and the risky mix that come with it. In the ideal scenario, they can utilize Profit.ly’s array of options to their maximum advantage to develop their trading skills. Like novices, they can study from the gurus as well as experts, and take advantage of simple tips and hints along the way.
Profit.ly’s ‘all-together’ nature does not only apply to beginners or semi-experienced trader. Experts who have been verified can also participate in the excitement! Those in the trading industry who are on the same level as Superman as well as Tim Sykes can also use the power of Profit.ly’s abilities to show off their skill to others as a way to guide them through the ever-illustrious trading process. Penny Stock To Look Out For
Profit.ly’s Pros and Pros and
The Pros
- Profit.ly’s numerous capabilities as a “one-stop” stock trading platform enable it to provide traders everywhere with tons of learning, communication, and trading tools
- You will receive excellent training and insights from its internal experts, which include collections of educational videos as well as trading in real-time.
- You’re assured of transparency throughout Profit.ly with precise analytics as well as other traders who are ready 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 dependable trader
- Apart from its main capabilities, Profit.ly also gives its customers extra options that can be tailored to their individual preferences, for instance, 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 every person
The Cons
- Profit.ly’s abundance of products and packages offered might be too much for most of its users
- Since traders can choose to post any kind of trade, there is the possibility that some of them will profit by cherry-picking the best trades to boost their rating – this may be a concern that should not be simply overlooked
- Profit.ly will not allow refunds because its premium users will immediately benefit from the many services the platform has to offer
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The Final Concluding Question: Is Profit.ly Valued?
If we were able to come up with an appropriate answer for this query, it would be an affirmative “yes”. But you need to understand that this platform shouldn’t be viewed as a scheme to get rich quick. The platform wasn’t originally intended to be created in this way. Instead, it is best to keep curiosity. Penny Stock To Look Out For
What we are referring to”yes” is that it is a fantastic learning tool. People who are stuck might find Profit.ly’s array of resources to be helpful in their efforts to incur lesser losses and perform better than before. It’s not just the struggling traders who will benefit from the platform. It will be able to accommodate beginners as well as even experts!
If you really desire to be better at trading and wish to be taught by your peers and experts along the way, then look no further – Profit.ly is a fantastic option to begin.
FAQ Penny Stock To Look Out For
How do you use Profit.ly to post your trades?
Profit.ly offers an entry section for trades within the “My Trade’ category of the dashboard that lets you post your trades, either verified or otherwise. There are three choices:
- Connecting your account to your broker of choice and import trades directly from there
- Manually entering your trades using provided spaces and specifics
- Upload a screenshot of your trades
What can I do to determine whether the trade can be verified or not?
If you purchase your trade through a reliable brokerage, there’s an excellent chance that it is verifiable. This is indicated with the blue check mark. If you post it manually or through pictures, it will be assigned as unverified.
The downside of having an unverified trade is the possibility of receiving negative feedback from colleagues. If you receive too many negative votes, it could cause you to be listed at the top of the Madoff leaderboard, where people can see who’s fraudulent in posting trades.
Does the Profit.ly mobile application still available?
As of the moment, Profit.ly is still available for download on the Apple App Store and on the Google Play store. The mobile version of the app works with all working smartphones and tablets.
How many people are currently using Profit.ly?
Profit.ly currently houses more than 150,000 investors and traders because they are not just looking to earn maximum profits but also help each other learn and improve in acquiring stock market opportunities both right and left.
