The stock market can be an extremely risky game. Some days, you may be reaping the benefits of pleasing and positive numbers. On other days, however, the opposite may happen, and it may sometimes be extremely difficult to get back to the point you were at your best. If you find yourself immersed in the water it is important be aware that relying solely on your instincts and preserving is not always enough.
If you’ve been incurring occasional losses and you’re likely to require solid advice from seasoned and tested trading experts. Also, you’ll need an enormous boost from your colleagues in the market from all over the globe. That’s why we’ve found a platform that can support you to improve your performance within the field. This review will 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. Do check out our article below, however, because it has a comprehensive overview of Profit.ly.
Total Rating: 4.1/5 Penny Stock World Record
Value: 4.1/5
Quality: 4.1/5
Costs: 4.1/5
Users Experience 4.5/5
Summary
Profit.ly can be described as an online platform for trading that allows traders of all levels to be informed responsible, transparent, and encouraging each other by offering a wide variety of tools and features including chat rooms, trade verification, and an enriched library of educational material.
What is Profit.ly?
Profit.ly is a trading website that functions as a learning and training platform for people new to trading as well as a place for experienced traders to track their performance with the help of advanced analytics tools. Offering users a broad range of resources for trade and communication and letting traders from all walks of life connect with one another. It gives the gurus an opportunity to invest in the right areas that the site. Think of 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 publishes all data from them in the form of leaderboards. The trading platform is built on trust and transparency. it ensures that the transactions are legitimate and will not accept fake news as long as is humanly possible. It was created years ago by the penny expert in stock trading and investment expert Timothy Sykes, along with the other expert Michael Mosseri.
One time , during an interview with Forbes magazine Sykes declared that Profit.ly was motivated by its focus “on showing the entire spectrum of trades, something which was never previously done.” This idea, he added, served two goals: 1.) creating public track records for all traders, not just the gurus, but also the newsletter authors and students as well as) giving anyone on the platform to gain insight into the losses and wins to the benefit of the trading industry. Penny Stock World Record
How Does It How Does It
Profit.ly is a subscription-based platform that lets stock traders have access to a range of tools and services that are geared toward success. You may set up an account for free, but you’re only given the capability to browse the leaderboard and follow the actions of non-gurus. If you’re interested in investing your money and see what stocks the experts are trading in real-time, you will need to subscribe to any of Profit.ly’s deals that we’ll review in the coming days.
Making an account easy: create a profile with your experiences and knowledge, then connect to your brokerage account, and you have yourself an opportunity to make through high on the leaderboard. Profit.ly’s leaders’ board 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 only a chance to demonstrate your worth to a large group of traders, but you can also use Profit.ly to buy from a guru with the assurance that you’re comfortable of their knowledge and the veracity of their claims.
If you feel uneasy with the concept of leaking information about your account with a brokerage, you can opt to post your trades, whether verified or otherwise, through photographs. Also included in Profit.ly are the vast number of courses in trading as well as the ability to look at the stats of a trader’s account and other methods to connect with your gurus through the chatroom as well as email and text alerts as well as updates.
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Meet Tim Sykes, the founder: Tim Sykes
Timothy Sykes is a well-renowned day trading guru who has been famously known for his efforts in trades in penny stocks. According to Investopedia Penny stock is a small business’s shares that trade for just less than 5 cents per share. The trading of penny stocks could be viewed as an opportunity for small companies to move to a large marketplace as they can access funds from the public. However, don’t get it wrong – it’s also an extremely risky game, as Sykes can surely tell because of his decades of expertise.
From his beginnings in his late years in the high schools, Tim Sykes has, since then, made more than $6 million in earnings during his long and successful career as trader. At the age of 25, he had been given more exposure and a wider influence over time when he was a part of the reality show “Wall Street Warriors.” Then, he took advantage of it to develop trading rooms as well as penny stock themes and educational material aimed at people who are brand new to trading. He also helped establish Profit.ly as a place for transparency and for the community to lift each other up and compete with each other through the platform.
The Profit.ly Gurus
One of Profit.ly’s amazing features is the vast array of learning resources, trade alerts, and other useful stuff offered by the in-house experts of the platform. Gurus are referred to experts in the field of trading who have proven to make significant amounts of profit from their collective years of expertise. Penny Stock World Record
At its peak, Profit.ly had housed up to five gurus. Each of them a professional within their particular field in the field of trading. Some of the most famous experts were Connor Bruggermann, Nathan Michaud of Investors Underground, and Triforce as well as a handful of others. At the time of writing only two gurus remain on this platform: Founder of the penny stock market Tim Sykes and veteran smallcap swing trader Paul Scolardi, also known as Superman. With that taken into consideration, let’s take a look at the packages each guru has to offer.
From Tim Sykes Tim Sykes: Tim’s Alerts
Sykes offers basic stock trading services that focuses on penny stock day trading through Tim’s Alerts. Costing $74.95 per month, you’ll be able to be able to see him concentrate on the fundamental stock catalysts and use them to predict the next move that is possible when trading.
A standalone purchase in Tim’s Alerts will get you access to the chatroom, as well as the mobile app available for iOS and Android devices; text, e-mail 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 that has been upgraded of the Tim’s Alerts package. At $149.95 for a month it is an ideal plan for those who are more committed to penny stock trading. Pennystocking Silver comes with all the standard features that were included in earlier plans including alerts for swing trading and access to an extensive library of more than 7,000 instructional videos and new videos released 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 tiny-cap massive stocks as well as wildly accurate marketing forecasts. Since the time he started trading, Superman has amassed over $5.5 million in total trading earnings. Penny Stock World Record
The Superman Alerts package is his offer of the most essential features and trading alerts targeted to those interested. For $147 per month, you’ll gain an access to the day-to-day premarket stock watchlist as well as the mobile app, daily market commentary in real-time, and SMS and e-mail alerts.
The film “Superman” Paul Scolardi: Superman Pro
For the price of $247, you receive additional features, plus access to a knowledgeable base provided by Superman himself via the Superman Pro package. Alongside the standard features featured in the Alerts package, Superman Pro gives you weekly video lessonsthat include the growing collection of the previous ones. In addition you’ll also have access to premium research reports and an IPO and earnings tracker.
Profit.ly Programs and Costs
If you’re ready to join the online trading community and leave a mark in the field, Profit.ly has the right amount of tools to get you up and running. The platform offers three membership levels, each designed for traders of different levels. Let’s look at what the three tiers are and how much they’ll cost you.
Novice Plan
This package for novices is Profit.ly’s beginning-of-the-line plan specifically for those who are new 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 could call a ruthless process by itself.
Some of the features you can accomplish with Profit.ly’s Novice program is the ability to verify trades and track profits as well as leading, following, and even messaging your fellow traders; and providing feedback on trades today. You can also get on leaderboards, analyze your trades, sort and filter your trades and, lastly, view other people’s statistics.
The Novice plan costs $29.95 per monthly payment. Although it looks attractive just by the price but there’s a disadvantage. It isn’t possible to create a private profile, which makes your activities publicly available. If you do want to have access to this feature, keep an eye on us as we present to you Profit.ly’s next strategy.
The Trader Plan
The Trader package allows you to take advantage of the majority of features available in the Novice plan. In this plan, that you can set up a private profile to share with fellow associate users all the insights and information you have gained from this trading group.
Costing $49.95/month, Profit.ly’s Trader plan does what the name suggests: Cater for those looking to develop their expertise in trading. While it’s nice, there is one significant aspect that’s not included. As opposed to the prior Novice package, this one won’t be able to see the statistics of other traders that might be a drawback for those who are looking forward to this tier. Penny Stock World Record
Pro Plan
The Pro plan is the highest luxurious package Profit.ly could offer for seasoned traders. With $74.95 each month and 22% off for billing annually, this tier has everything. You will have full, unrestricted access to all features of the prior plans.
Not only do you get to look at other people’s statistics as well, you’re also offered the option of creating a private profile. Both of these options, on top of all the advantages that you can utilize to the fullest potential. If you’re in search of an option that gives you everything you need as trader with experience, the Pro level is for you!
Profit.ly’s Other Services
Apart from the provided training tools and the leadersboards Profit.ly offers a number of additional services that it can provide. One of them is the online store, which allows users to pick from a range of video products created to provide guidance on the nuances and pitfalls of trading. All of the products featured in this section of the site can be bought immediately for your personal use. Some of these include bestsellers such as the “Trading Tickers” series by trading specialist Tim Grittani, Timothy Sykes’s library of DVDs and streaming-only content on short stocking, penny stocking, as well as all related to trading, videos and footage taken from the Annual Pennystocking Conference, and products from other expert traders.
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Chat rooms integrated into Profit.ly are also part of Profit.ly’s variety of features and services. You are probably familiar with the concept of chat rooms since you will see it on social and messaging platforms as well as some specialty websites that provide live chat assistance. But in Profit.ly it’s seen as a real-time 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 members. One of them may be laid back and not very often engaged, while another could be more online and communicative to their pupils. Consider chatrooms as Profit.ly’s version of the forum, in the essence.
Who is the best Trader for Profit.ly?
Profit.ly’s wide range of products and features cater to a large variety of stock traders, from novices to the most experienced. Given the wide range of options it offers it is certain to have something for every person.
Newbies, for instance, will appreciate Profit.ly’s collection of educational information available on the platform. Not only will they get daily videos and chat room advice by its internal gurus and members. They’ll also be able choose from the items from its online store for them to take wherever they may travel. You can also get hands-on experience trading on the platform, however, they will soon learn that trading is a high stakes game that shouldn’t be taken as an amusing pastime.
For those traders who have had many years of experience down the line, we believe Profit.ly as equally as suitable to them as people who are just beginning. While novice traders may not be as proficient in dealing with trading issues however, experienced traders know how it works and the risky mix associated with it. In the ideal scenario, they can use Profit.ly’s array of options to their maximum advantage to develop their skills in trading. Like novices, they can learn from the experts and experts , and use those short tips and tricks to help them along.
Profit.ly’s ‘all-together’ nature isn’t limited to novices as well as semi-seasoned traders. Certified experts can also take part in the fun! Those in the trading industry who are at the same level as Superman and Tim Sykes can also use Profit.ly’s capabilities. Profit.ly’s abilities to show off their skill to others as a way to help guide them through the ever-illustrious trading process. Penny Stock World Record
Profit.ly’s Pros and Pros and
The Pros
- Profit.ly’s many capabilities as a ‘one-stop’ stock trading platform enable traders across the globe with tons of learning, communication, and trading tools
- You get to be taught by experts and insights from its inside experts, as well as collections of educational videos as well as live trading activity.
- You’re assured of transparency throughout Profit.ly with precise analytics as well as other traders that are waiting to reach you out if something occurs.
- The platform’s leaderboard feature gives you the chance to establish your credibility as a trustworthy and authentic trader
- In addition to its primary abilities, Profit.ly also gives its customers additional options to meet their needs, like posting unauthentic trades via images
- Profit.ly’s variety of subscription levels and guru packages are priced at affordable rates – there truly is something for everyone
The Cons
- Profit.ly’s numerous packages and products offered may seem overwhelming for a lot of its customers
- If traders decide to open any kind of trade, there’s an opportunity that some them may take advantage by picking the most profitable trades to improve their ratings This could be a problem that shouldn’t be overlooked.
- Profit.ly does not offer refunds, as the premium customers are expected to immediately benefit from the number of services the platform has to provide
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The Final Concluding Question is: Is Profit.ly Valued?
If we could come up with an appropriate answer for this query, it would be a ‘yes’. However, you must realize that it shouldn’t be treated as a scheme to get rich quick. The platform was not always designed to be used for this reason. Instead, you should have curiosity. Penny Stock World Record
What we are referring to by ‘yes’ is that it could be a useful learning tool. For those who are struggling, they may be able to find Profit.ly’s range of resources useful in their efforts to incur lesser losses and be more successful than before. It’s not only the struggling traders that will benefit from the platform. It is able to accommodate novices and even experts in the field!
If you truly desire to be more successful in trading and would like to be taught by your fellows and gurus along the way, then look no further – Profit.ly could be a good alternative to start.
FAQ Penny Stock World Record
How can you make use of Profit.ly to post your trades?
Profit.ly has a trade entry portion within the My Trade category on the dashboard. It lets you post your trades, either verified or otherwise. You may choose between three choices:
- Linking your account to the brokerage of choice and importing the trades from that directly
- Manually entering your trades using provided spaces and specifics
- Send a screen shot of your trades
How can I tell whether the trade is authentic or not?
If you buy your trade from a trusted brokerage, there’s a high probability that it’s verifiable. This is evident by the blue check mark. If you submit it in a manual way or by taking images, it will be classified as unverified.
The drawback of posting an unauthenticated trade is the risk of getting downvotes from your fellow peers. 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 app still available?
As of the moment, Profit.ly is still available for download on the Apple App Store and in the Google Play store. The mobile version of the app works with all working smartphones and tablets.
How many are connected to Profit.ly?
Profit.ly is currently home to over 150,000 investors and traders, since they’re not just seeking to make the most profit but also help each other grow and learn more about acquiring stock market opportunities both right and left.
