The stock market can be an exciting game with high stakes. Some days, you might have the benefit of pleasing and positive numbers. On other days you may experience the opposite, and it may sometimes be very difficult to get back to where you were at your peak. If you are immersed in the water, you will have to realize that relying on your instincts and preserving may not always be enough.
If you’ve experienced loss from time to time and you’re likely to require solid advice from seasoned and tested trading experts. Additionally, you’ll require an important boost from trading partners from all over the globe, which is why we’ve discovered a platform that can support you in your growth in the industry. This review will be taking a 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 To Watch This Week
Value: 4.1/5
Quality: 4.1/5
Costs: 4.1/5
The User’s Experience 4.5/5
Summary
Profit.ly can be described as an online platform for trading that permits traders of all levels to be informed responsible, transparent, and encouraging one another through its wide array of tools and features like trade verification, chat rooms as well as an extensive library of educational content.
How do I define Profit.ly?
Profit.ly is a site for trading which serves as a training and learning platform for traders who are starting out and as a hub for traders with experience to keep track of their performance using the aid of cutting-edge analytics tools. Providing users with a wide array of options for communication and trade that help traders from all walks of life network with each other. It offers gurus with an opportunity to invest in the right areas that the site. Think of it as a social media site akin to Facebook and Reddit however it is geared towards experts and traders.
Profit.ly independently verifies trade performances and publishes all data from them in the style of leaderboards. The platform’s trading model is based on trust and transparency. it ensures that the trades are valid and won’t tolerate inauthenticity as much as is humanly possible. It was founded years ago by the penny stock trade expert and investment guru Timothy Sykes, along with his colleague Michael Mosseri.
One time during his interview with Forbes magazine Sykes stated that Profit.ly was motivated by its focus “on the transparency of every trade, something that was never done before.” The idea, he added, served two objectives: one) making public records for everyone, not just the experts as well as students and newsletter writers and secondly) giving anyone on the platform to gain insight into both the wins and losses for the trading industry’s benefit. Penny Stock To Watch This Week
How Does It Perform?
Profit.ly is a subscription-based platform which allows stock traders to gain access to a multitude of services and features geared towards achieving the success of their business. You can create an account there at no cost, however you’re limited to access to the leaderboards and monitor the activities of non-gurus. If you’re looking to invest your money and see which stocks the gurus are trading in real time it is necessary to subscribe to any of Profit.ly’s offerings, 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 have yourself an opportunity to make your way up to the top of the leaderboard. Profit.ly’s Leaderboard function, which was we’ve mentioned earlier it is designed to provide its users a look at their performance as a trading group as well as its gurus. It’s not only a chance to demonstrate value to a group of traders. You can also utilize Profit.ly to buy from a guru with the assurance that you’re comfortable with their expertise and the veracity of their claims.
If you are unsure about the idea of divulging your brokerage account, you can decide to share your trades, verified or not, by taking photographs. In Profit.ly are a variety of trading courses and the capability to see statistics on a person’s profile as well as other ways to interact with your experts through the chatroom as well as text and e-mail alerts and updates.
> > Click Here to Check Out Profit.ly < <
Meet Tim Sykes, the founder: Tim Sykes
Timothy Sykes is a well-renowned day trading personality who is well-known for delving his hands into the penny-stock market. According to Investopedia Penny stock is a small business’s shares that trade for under $5 for each share. The penny stock market could be viewed as an opportunity for small-scale businesses to make the transition to a large marketplace as it gives them access to capital from the public. But don’t be mistaken – it can also be an extremely risky activity, as Sykes can surely tell through his many years of expertise.
From his beginnings in his late years in the high schools, Tim Sykes has, since then, earned an estimated $6 million profits during his long and successful career as trading professional. At 25 years old Sykes was given greater exposure and an even wider reach of influence when he became part of the reality series “Wall Street Warriors.” He then took advantage of it 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 platform for transparency and for the community to lift each other up and compete on the platform.
The Profit.ly Gurus
One of Profit.ly’s sweet inclusions is the wide range of education tools, trade alerts and other helpful stuff provided by the company’s internal gurus. The gurus in question refer to experts in the field of trading who have made substantial profits from their combined years of knowledge. Penny Stock To Watch This Week
At its peak, Profit.ly had housed up to five gurus. Each of them a pro in their niche in the trading industry. Some of the most famous experts included Connor Bruggermann, Nathan Michaud of Investors Underground, and Triforce as well as a handful of others. As of this 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 we’ll take a look at the packaged offers each guru can offer.
From Tim Sykes Tim Sykes: Tim’s Alerts
Sykes provides basic stock trading services that focuses on penny-priced day trading with Tim’s Alerts. The cost is $74.95 monthly, you’ll be able to be able to see him concentrate on the basic stock catalysts and employ them to predict the next moves that could occur when trading.
A single purchase in Tim’s Alerts will get you access to the chatroom and the mobile application that is available for iOS and Android devices, as well as text, e-mail and push alerts; and a daily stock watchlist.
From Tim Sykes: The Pennystocking Silver Package
Pennystocking Silver is the premium version, with an upgraded version of Tim’s Alerts package. At $149.95 per month, this is the perfect plan for those who are more involved in the penny-stock market. Pennystocking Silver comes with all the standard features of earlier plans including swing trading alerts as well as unlimited access to a rich collection of more than 7,000 educational videos, with new ones released weekly.
> > Click Here to Check Out Profit.ly < <
In “Superman” Paul Scolardi: Superman Alerts
Scolardi, who goes by the alias “Superman,” is a trader who has an eye for both 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 profits. Penny Stock To Watch This Week
The Superman Alerts plan is his offer of the most essential features and trading alerts geared towards those who might be interested. For $147/month, you’ll get an access to the day-to-day stock watchlist that is premarket along with the mobile app, daily market updates in real-time, and E-mail and SMS alerts.
In “Superman” Paul Scolardi: Superman Pro
For $247 per month, you can enjoy additional features, as well as access to an extensive base of knowledge of information provided by Superman himself via Superman Pro. Superman Pro package. Alongside the standard features that are included in the Alerts package, Superman Pro gives you weekly video lessonsthat 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 plans and costs
If you’re looking to join the online trading community and make a mark on the industry, Profit.ly has the right amount of resources to help you going. The platform offers three membership tiers, each designed for traders with different levels. Let’s take a look at what these three tiers are and how much they’ll cost you.
Novice Plan
The Novice package is Profit.ly’s basic plan that is designed specifically for those who are just beginning their journey to the trading world. As you sign up for this package, you will be immediately given a slew of robust and vital trading tools, each of them integral in keeping your hands on what we call a competitive procedure in its own.
Some of the features you can do using Profit.ly’s Novice program is the ability to verify the results of your trades and track profit and follow-up, leading, and even messaging your fellow traders; and 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 the statistics of other traders.
The Novice plan will cost $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 profile, thus making your actions public. If you’re interested in have the benefit of this service, stay tuned as we introduce to you Profit.ly’s next plan.
The Trader Plan
The Trader package allows you to use many of the features of the Novice plan. In this plan, that you are able to create an individual profile that allows you to share with fellow associate users all the insights and knowledge you gain from the trading community.
Costing $49.95/month, Profit.ly’s Trader plan will do what the name implies caters to those who desire to harness their trading skills. Although it’s a nice thing but there’s one important feature that is missing. As opposed to the prior Novice package, you won’t be able to see other traders’ stats this might be a drawback for those who are looking forward to this tier. Penny Stock To Watch This Week
Pro Plan
The Professional plan can be described as the highest expensive plan Profit.ly could offer for seasoned traders. It costs $74.95 each month and an additional 22% discount for annual billing, this tier has everything. You will have full, unrestricted access to all the features of the previous plans.
Not only do you get to view other people’s stats and data, but you also have the opportunity to create your own private profile. Both of these options, on top of all the advantages you’ll be able to use to their fullest capacity. If you’re in search of an option that gives you everything you need as a skilled trader, maybe the Pro plan is ideal for you!
Profit.ly’s Other Services
In addition to the trainer tools and Leaderboards Profit.ly has a few additional services that it can provide. One of these is its online store, where customers can choose from a wide array of video products that are designed to educate and provide guidance on the ins and outs of trading. All of the products featured in this section of the website is available to be purchased immediately for personal use. Some of these include bestsellers like”Trading Tickers, “Trading Tickers” series by trader expert Tim Grittani, Timothy Sykes’s collection of DVDs, streaming-only content related to short stocking, penny stocking, and other things trading-related, clips and scenes from the Annual Pennystocking Conference, and items from other experts in trading.
> > Click Here to Check Out Profit.ly < <
The chat rooms that are integrated are as well part of Profit.ly’s range of features and services. You’re probably familiar with the chat room as you will see it on social and messaging platforms as well as some specialty websites that provide live chat assistance. But on Profit.ly, it is seen as a real-time area where experts and members can interact and learn in real time. Every guru has their own way when it comes to running their chat room and dealing with the listed members there. Some may be a laid-back person who is rarely active, while another might be more interactive and online with their students. Think of chat rooms like Profit.ly’s version of a forum, in the essence.
Who is the Ideal trader to Profit.ly?
Profit.ly’s wide range of products and features caters to the wide range of stock traders, ranging from novices to experienced professionals. With the variety of deals it has to offer, the platform surely has something for every person.
For instance, newbies can take advantage of Profit.ly’s library of learning content offered throughout the platform. Not only will they be provided with videos every week and chat room advice from its in-house gurus and members. They’ll also be able pick from the merchandise available on its store online for them to take wherever they may go. You can also get hands-on experiences from trading within the platform, but ultimately they’ll be able to realize that this is a high-stakes game that shouldn’t be treated as an opportunity to make fun of.
For the traders with decades of experience in the line, we believe Profit.ly equally suited to them as people who are just beginning. Although the novices might not be as adept at handling trading matters but the experts already know how it works and the plethora of risks that come with it. It is ideal to use Profit.ly’s range of features to their full advantage to improve their trading abilities. As beginners, they are able to learn from the experts and experts , and use those quick tips and tidbits along the way.
Profit.ly’s ‘all-together’ nature does not only apply to beginners and semi-experienced traders. Verified experts can also join in the excitement! Trade professionals who are on an equal level with Superman as well as Tim Sykes can also use up Profit.ly’s abilities to show off their skills to others as a way to guide them through the ever-illustrious trading process. Penny Stock To Watch This Week
Profit.ly’s Pros and Pros and
The Pros
- Profit.ly’s diverse capabilities as a “one-stop” stock trading platform allows it to provide traders everywhere with a wealth of education, communication, and trading tools
- You’ll be taught by experts and insights from its internal experts, which include video libraries that teach you how to learn and trading in real-time.
- You’re guaranteed transparency throughout Profit.ly by using accurate data as well as other traders that are waiting to reach you out whenever something happens
- The leaderboard feature of the platform offers you a way to build your credibility as a trustworthy and authentic trader
- Apart from its main abilities, Profit.ly also gives its customers additional options to meet their preferences, such as posting trades that are not authentic by taking screenshots
- Profit.ly’s wide array of packages and subscription levels are priced at a reasonable cost There is truly something for everyone
The Cons
- Profit.ly’s bountiful stream of packages and products offered may seem overwhelming for most of its customers
- Since traders can choose to post any kind of trade, there’s the possibility that some of them may take advantage by cherry-picking the best trades to increase the rating this could be a problem that shouldn’t be simply overlooked
- Profit.ly does not offer refunds, as its premium users are expected to instantly benefit from the many features the platform is able to provide
> > Click Here to Check Out Profit.ly < <
The Final Verdict: Is Profit.ly worth it?
If we could come up with an answer to this question, it would be a ‘yes’. But you need to understand that the platform should not be used as a scheme to get rich quick. The platform was not always designed to be used for this reason. Instead, you need to have an open mind. Penny Stock To Watch This Week
What we are referring to”yes” is it is a fantastic learning tool. Those who may be stuck might discover Profit.ly’s array of resources useful when they try their best to reduce loss and perform better than before. It’s not just the struggling traders that will profit from the platform. It can accommodate beginners and even experts in the field!
If you really care about being more successful in trading and would like to learn from your fellows and gurus along the way, then take a look at Profit.ly. Profit.ly may be a great choice to start.
FAQ Penny Stock To Watch This Week
How can you make use of Profit.ly to post your trades?
Profit.ly offers the option of allowing trade entries under the “My Trade category on the dashboard which lets you post your trades, either verified or otherwise. There are three options:
- Linking your account to the broker of choice and import the trades from that directly
- Manually inputting your trades with provided spaces and specifics
- Take a photo of your trades
How do I know whether the trade is authentic or not?
If you purchase your trade from a trusted brokerage, there’s an excellent probability that it’s verifiable. This is evident by the blue check mark. If you upload the information manually or via screenshots, it will automatically be classified as unverified.
The disadvantage of an unauthentic trade is the risk of getting downvotes from your colleagues. If you receive too many negative votes, it could result in you appearing on the Madoff leaderboard, which is where the public are able to identify who is fraudulent in posting trades.
Is the Profit.ly mobile app still available?
As of the moment, Profit.ly is still available to download from the App Store for Apple and in the Google Play store. The mobile version of the app is compatible with most working smartphones and tablets.
How many people are currently on Profit.ly?
Profit.ly is currently home to over 150,000 traders and investors, because they are not just looking to earn maximum profits but also help each other learn and improve in acquiring stock market opportunities left and right.
