The stock market can be a high-stakes game. On some days, you may enjoy the benefits of positive and satisfactory numbers. On other days, the opposite may happen, and it may sometimes be very difficult to return to the point you were at your most productive. If you find yourself constantly stuck in the gutter, you will have to recognize that relying on your instincts and preserving is not always enough.
If you’ve suffered occasional losses You’ll need sound advice from tried-and-tested trading experts. You’re also gonna need an important boost from fellow traders from around the globe. That’s why we’ve found an option that can help you in your growth in the industry. We’ll be taking a look at Profit.ly A well-respected 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. 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 Under 1 Dollar
Value: 4.1/5
Quality: 4.1/5
Costs: 4.1/5
User Experience: 4.5/5
Summary
Profit.ly is an online trading platform that enables traders of various levels to be knowledgeable and accountable, as well as transparent and encouraging each other by offering a wide variety of tools and features including trade verification, chat rooms and a rich library of educational content.
How do I define Profit.ly?
Profit.ly is a site for trading that serves both as a learning and training platform for those who are starting out and also as a platform for traders who are experienced to monitor their performance with the help of cutting-edge analytics tools. It provides users with a vast array of options to facilitate trade and communication and letting 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. Consider it a social media site akin the likes of Facebook and Reddit, but for professionals and traders.
Profit.ly independently validates trade performance and posts all the data from them in the form of leaderboards. The trading platform is built on trust and transparency. it makes sure that trades are valid and won’t accept fake news as long as possible. It was established in the past by penny stock trade expert and investment expert Timothy Sykes, along with fellow expert Michael Mosseri.
In an interview for Forbes magazine, Sykes stated that Profit.ly was based “on showing every trade, something that was never done before.” The concept, he added, served two objectives: one) making public records for all traders, not just the gurus, but also the students and newsletter writers as well as) making it possible for anyone on the platform to be enlightened by both the wins and losses to benefit the industry of trading. Penny Stock Under 1 Dollar
How Does It Perform?
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 the success of their business. It is possible to create an account on the site at no cost, however you’re only limited to having access to the leaderboards and monitor the actions of non-gurus. If you’re interested in investing your money in order to find out which stocks the gurus are trading in real time it is necessary to sign up to one of Profit.ly’s offers, which we will go over shortly.
The process of opening an account is easy: create an account with your experience and knowledge, then connect to your brokerage account, and you have yourself the chance to climb your way to high on the leaderboard. Profit.ly’s leaderboard feature, as we’ve mentioned earlier, is designed to give its users a look at the performance of the trading community as well as its gurus. It’s not just a way to demonstrate that you’re worthy to the group of traders. You can also utilize Profit.ly to buy with a professional with the assurance that you’re confident of their knowledge and the credibility of their claims.
If you feel uneasy with the idea of sharing information about your account with a brokerage, then you could choose to publish your trades, either verified or not, via photographs. Included in Profit.ly are a variety of courses in trading, the ability to view the stats of a trader’s account as well as other ways to interact with your experts 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 trading personality who is famously known for delving his hands into the penny-stock market. According to Investopedia, a penny stock refers to a small-sized company’s stock which trades at under $5 for each share. Penny stock trading can be seen as an avenue for small businesses to transition to a large marketplace as it gives them access to funds from the public. But don’t be mistaken – it can also be an extremely risky activity, as Sykes can surely tell thanks to his years of experience.
Since his initial beginnings in his late years in high school, Tim Sykes has, since then, made an estimated $6 million earnings through his lengthy career as trading professional. At the age of 25, he had been given greater exposure and a larger impact when he was a part of the reality show “Wall Street Warriors.” He took advantage of it to develop trading rooms and penny stock themes as well as educational content targeted at those who are new to the trading field. He also played a role in establishing 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 sweet inclusions is the vast array of education tools, trade alerts and other useful stuff offered by the company’s internal gurus. These gurus refer to the trading experts who have proven to make substantial profits from their combined years of expertise. Penny Stock Under 1 Dollar
At its height, Profit.ly had housed up to five gurus. Each of them an expert in their niche in the trading industry. Some of the most famous experts were Connor Bruggermann, Nathan Michaud of Investors Underground, and Triforce as well as a handful of others. As of this writing, only two gurus 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 look at the packaged offers each guru offers.
From Tim Sykes Tim Sykes
Sykes provides an essential stock trading service which focuses on penny stock day trading through Tim’s Alerts. Costing $74.95 per month, you will observe him focus on fundamental catalysts for stocks and utilize them to anticipate the next moves that could occur when making trades.
A single purchase from Tim’s Alerts will get you access to the chatroom and the mobile app available on iOS as well as Android devices, email, text and push alerts; as well as a daily watchlist of stocks.
From Tim Sykes: The Pennystocking Silver Package
Pennystocking Silver is the highest-quality version, with an upgraded version of Tim’s Alerts package. Priced at $149.95 monthly, this is an ideal plan for those who are committed to penny stock trading. Pennystocking Silver offers all the essential features found in prior plans, such as alerts for swing trading and access to an extensive library of more than 7,000 instructional videos, with new ones released each week.
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From “Superman” Paul Scolardi: Superman Alerts
Scolardi who is known under the name “Superman,” is a professional in swing trading with an eye for both massive stocks of the small-cap size and insanely accurate marketing forecasts. Since the time he started trading, Superman has amassed over $5.5 million in total trading profits. Penny Stock Under 1 Dollar
The Superman Alerts plan is an offer of the most essential features and trading alerts targeted toward those who may be interested. For $147/month, you’ll get access daily stock watchlist that is premarket along with the mobile app, the daily market commentary in real time, and SMS and e-mail alerts.
In “Superman” Paul Scolardi: Superman Pro
At $247/month, you get additional features and access to a knowledgeable base provided by Superman himself, via his Superman Pro package. Alongside the standard features included in the Alerts package, Superman Pro gives you weekly video lessonsthat include a growing library of all other previous ones. On top of that you’ll also have the ability to access premium reports on research and the IPO as well as earnings tracking tool.
Profit.ly Programs and Costs
If you’re ready 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 offers three membership levels that are designed to accommodate traders with different levels. Let’s look at what the three tiers are and how much they will cost you.
Novice Plan
The package called Novice is Profit.ly’s basic plan that is designed specifically for people who are brand new to the trading community. Once you have signed to this plan, you will be immediately given a slew of robust and indispensable trading tools, all of them integral in keeping your fingers on what call a competitive process by itself.
Among the list of things you can accomplish using Profit.ly’s Novice package is 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 providing feedback on trades today. You can also get on leaderboards; analyze the results of your analysis, sort, or filter the trades you make and, lastly, view other’s stats.
The Novice plan is $29.95 per monthly payment. Although it looks attractive for the price alone, there is a downside. It isn’t possible to create a private profile, thus making your activities publicly available. If you do want to gain access to this feature, you should stay tuned as we introduce to you Profit.ly’s next strategy.
The Trader Plan
The Trader plan allows users to benefit from the majority of features available in The Novice package. In this plan, that you can set up an account that is private for sharing with fellow associate users all your knowledge and intel in trader’s community.
Costing $49.95/month, Profit.ly’s Trader plan will do what the name implies caters people who want to harness their skills in trading. Although it’s a nice thing, there is one significant aspect that’s not included. In contrast to the Novice package, this one won’t be able to see other traders’ stats, which could be a problem for those eager to try this new tier. Penny Stock Under 1 Dollar
Pro Plan
The Pro plan is the highest luxurious package Profit.ly can offer to experienced traders. With $74.95 per month, and 22% off for annual billing This plan offers everything. You get full, no-holds-barred access to all features of the previous plans combined.
In addition, you’ll be able to view other people’s stats, but you’re also given the option of creating your own private profile. Both of these features, in addition to the advantages you’ll be able to use to their fullest capacity. If you’re in search of an option that gives all the features you need to be an experienced trader, 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 other services they offer. One of those is its online store, which lets users pick from a range of instructional videos that are that are designed to educate and help you understand the ins and outs of trading. Each of the offerings listed in this section of the site can be purchased immediately for personal use. These include best-selling products such as”Trading Tickers, “Trading Tickers” series by trading expert Tim Grittani, Timothy Sykes’s library of DVDs and streaming-only content related to penny stocking, short stocking, and all other related to trading, videos and scenes of The Annual Pennystocking Conference, and products from other expert traders.
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The integrated chat rooms are as well part of Profit.ly’s range of features and services. You’re probably familiar with the concept of the chat room as you can see it across social and messaging platforms, and also on a few specialty websites that offer live chat support. But in Profit.ly it’s seen as a place where gurus and their members can interact and share knowledge in real-time. Every guru has their own style when it comes to running their chat room and dealing with the listed members there. Some may be laid back and less active, while another might be more interactive and online to their pupils. Think of chat rooms as Profit.ly’s version of the forum, in the essence.
Who is the Ideal Trader for Profit.ly?
Profit.ly’s wide range of products and features cater to an array of stock traders, from novices to experienced professionals. Given the wide range of options it can provide, the platform surely has something for every person.
For instance, newbies will enjoy Profit.ly’s library of learning materials available across the platform. In addition, they will get daily videos and chat room advice from its in-house gurus and members. They’ll also be able to pick from the merchandise available from its online store that they can take with them wherever they travel. You can also get hands-on experiences from trading within the platform, but ultimately, they will soon learn that the process is a risky game that shouldn’t be treated as a joke.
For the traders with years of exposure down the line, we see Profit.ly equally suited for them as it is for people who are just beginning. Although the novices might not be as proficient in handling trading matters, the pros already understand how it works along with the plethora of risks that come with it. It is ideal to make use of Profit.ly’s array of options to their maximum advantage to develop their trading skills. Like novices, they can learn from the experts as well as experts, and take advantage of quick tips and tidbits to help them along.
Profit.ly’s ‘all-together’ nature doesn’t just apply to newbies or semi-experienced trader. Certified experts can also take part in the enjoyment! Trade professionals who are at the same level as Superman or Tim Sykes can also use the power of Profit.ly’s capabilities to showcase their skill to others in order to navigate them through the ever-changing trading process. Penny Stock Under 1 Dollar
Profit.ly’s Pros and Pros and
The Pros
- Profit.ly’s many capabilities as a “one-stop’ stock trading platform enable traders from all over the world with tons of learning, communication, and trading tools
- You’ll be provided with excellent lessons and insights from its in-house gurus, including collections of educational videos as well as real-time trading activities
- You’re guaranteed transparency throughout Profit.ly with precise analytics as well as other traders ready to call you out if something occurs.
- The leaderboard feature of the platform offers you a way to build your credibility as a trustworthy and dependable trader
- Apart from its core capabilities, Profit.ly also gives its users extra options to suit their needs, like posting trades that are not authentic by taking images
- Profit.ly’s wide array of subscription levels and guru packages are priced at reasonable prices There is truly something for every person
The Cons
- Profit.ly’s abundance of packages and services offered could seem overwhelming for most of its customers
- If traders decide to open any kind of trade, there’s an opportunity that some them may take advantage by selecting the best trades in order to increase the rating This could be a risk that shouldn’t be ignored.
- Profit.ly does not offer refunds because its premium users are expected to instantly take advantage of the numerous services the platform has to provide
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The Final Concluding Question: Is Profit.ly worth it?
If we could think of an appropriate answer for this query, it’s a ‘yes’. However, you must realize that the platform should not be used as a get-rich-quick scheme. It wasn’t designed to be used for this reason. Instead, you need to have curiosity. Penny Stock Under 1 Dollar
What we mean”yes” is that it is a fantastic learning tool. For those who are struggling, they might be able to find Profit.ly’s array of resources to be helpful in their efforts to reduce losses and be more successful than they did before. It’s not just the struggling traders who will benefit from this platform. It will be able to accommodate beginners as well as even experts!
If you truly care about being a better trader and want to learn from your peers and experts on the way, take a look at Profit.ly. Profit.ly may be a great choice to start.
FAQ Penny Stock Under 1 Dollar
What are the best ways to use Profit.ly to make your trades public?
Profit.ly has an entry section for trades in the My Trade section of the dashboard. It lets you record your trades, either verified or otherwise. There are three options:
- Connecting your account to your broker of choice and import transactions directly through there
- Manually entering your trades using provided spaces and specifics
- Send a screen shot of your trades
How do I know if the trade is verifiable or not?
If you import your trade from a reputable brokerage, there is a high likelihood that it can be verified. This is indicated with the blue check mark. If you upload the information manually or via screenshots, it will automatically be classified as unverified.
The disadvantage of an unauthenticated trade is the risk of getting downvotes from your colleagues. Too many downvotes may cause you to be listed in the Madoff leaderboard, where people are able to identify who is untruthful in submitting trades.
Does the Profit.ly mobile application still available?
At the time of writing, 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 connected to Profit.ly?
Profit.ly currently houses more than 150,000 investors and traders, since they’re not just trying to maximize profits but also assist each other to grow and learn more about acquiring stock market opportunities all over the world.
