The stock market 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 extremely difficult to return to where you were at your most productive. If you’re constantly stuck in the gutter it is important to realize that relying on your instincts and preserving may not always be enough.
If you’ve suffered losses from time to time You’ll need reliable advice from tested and tried trading experts. Also, you’ll need a significant boost from your colleagues in the market from all over the world, which is why we’ve discovered a platform that can support you in your improvement within the field. In this review, we’ll take a look at Profit.ly is a well-known 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.
Overall Rating: 4.1/5 Profitly Pennystocking Silver
User Experience: 4.5/5
Profit.ly is an online trading platform that allows traders of different levels to be informative and accountable, as well as transparent and uplifting with each other by offering a wide range of features and tools like chat rooms, trade verification, and an enriched library of educational material.
What is Profit.ly?
Profit.ly is a trading website that serves both as a learning and education platform for those who are just beginning their journey as well as a place for traders who are experienced to monitor their performance through the use of sophisticated analytics tools. Offering users a broad range of resources for trade and communication, it helps traders from every field of business connect with each other. It gives the gurus worthy investments within the boundaries of this platform. Imagine it as a social media site akin like Facebook and Reddit, but for traders and experts.
Profit.ly independently checks the performance of trades and then publishes the information from them in the style of leaderboards. The trading platform is built on honesty and transparency: it guarantees that the trades are valid and won’t tolerate inauthenticity as much as it is possible. It was created many years ago by penny expert in stock trading and investment expert Timothy Sykes, along with fellow expert Michael Mosseri.
One time during his interview for Forbes magazine Sykes said that Profit.ly was motivated by its focus “on showing all trades, something that has never been previously done.” The idea, he added, served two goals: 1.) making public records for all traders, not just the gurus and students and newsletter writers and secondly) giving all users to gain insight into both the wins and losses to benefit the industry of trading. Profitly Pennystocking Silver
How Does It How Does It
Profit.ly is a subscription-based platform that lets stock traders gain access to a multitude of services and features geared at achieving success. You may set up an account at no cost, however you’re limited to the capability to browse the leaderboards and monitor the activities of non-gurus. If you’re looking to invest your money and see what stocks the experts are trading in real-time it is necessary to join one of Profit.ly’s deals that we’ll discuss in the near future.
The process of opening an account is simple: Create an account with your experience and knowledge, then connect to your brokerage account, and you’ll be given the chance to climb through at the very top of the list. Profit.ly’s leaders’ board feature as mentioned previously, is designed to give its users a look at how the community of traders performs and its experts. You’re not just allowed to prove your worth to a group of traders, but you can also utilize Profit.ly to shop from a guru with the assurance that you’re comfortable with their expertise and the veracity of their claims.
If you’re not comfortable with the idea of sharing the details of your broker account you may decide to share your trades, verified or otherwise, through screenshots. Also included in Profit.ly is the huge selection of courses in trading as well as the ability to look at stats in a trader’s profile as well as other ways to communicate with your gurus through the chatroom as well as email and text alerts 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 penny stock trading. According to Investopedia Penny stock refers to a small company’s shares that trade for just less than 5 cents per share. Penny stock trading can be seen as an opportunity for small businesses to transition to a market that is larger as they can access money 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 at the end of his time in High School, Tim Sykes has, since then, made an estimated $6 million earnings through his lengthy career as trading professional. When he was 25 years old Tim Sykes had received greater exposure and an even wider influence over time when he was a part of the reality TV show “Wall Street Warriors.” He then took advantage of it to develop trading rooms, penny stock themes, and educational content geared toward those who are new to trading. He also helped establish Profit.ly as a place of transparency, and to allow the community to rise and compete on the platform.
The Profit.ly Gurus
One of Profit.ly’s sweet inclusions is the wide range of learning resources, trade alerts, and other useful stuff offered by the in-house experts of the platform. Gurus are referred to the trading experts who have earned substantial amounts of money from their combined years of expertise. Profitly Pennystocking Silver
At its height, Profit.ly had housed up to five gurus. Each of them a professional within their particular field within the world of trading. Some of the prominent experts included Connor Bruggermann, Nathan Michaud of Investors Underground, and Triforce, among a few others. At the time of writing, there are only two gurus who remain on this platform: the founder as well as penny-stock trader Tim Sykes and veteran smallcap swing trader Paul Scolardi, also known as Superman. With that taken into consideration, let’s take a look at what packaged deals each guru can offer.
From Tim Sykes Tim Sykes: Tim’s Alerts
Sykes offers an essential stock trading service with the main priority being penny-stock day trading via Tim’s Alerts. At $74.95 per month, you’ll be able to see him concentrate on the fundamental catalysts for stocks and utilize them to anticipate the next move that is possible when making trades.
A single purchase of Tim’s Alerts will get you access to the chatroom and the mobile app available on iOS as well as 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 most premium version, with an upgraded version of Tim’s Alerts program. It costs $149.95 monthly, it is the perfect plan for those who are more invested in penny stock trading. Pennystocking Silver includes all the basic features that were included in prior plans, which includes alerts for swing trading and access to a rich library of over 7,000 educational videos that are updated each week.
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From “Superman” Paul Scolardi: Superman Alerts
Scolardi who is known under the name “Superman,” is a swing trading professional with an eye for both massive stocks of the small-cap size and insanely accurate marketing forecasts. Through the years since the time he started trading, Superman has amassed over $5.5 million in total trading earnings. Profitly Pennystocking Silver
The Superman Alerts package is his offering of essential features and trading alerts geared towards those who might be interested. For $147/month, you’ll get access daily stock watchlist that is premarket and the mobile application, daily market commentary shown in real-time, and email and SMS alerts.
The film “Superman” Paul Scolardi: Superman Pro
For $247 per month, you can enjoy additional features and access to the extensive knowledge base that is provided by Superman himself through the Superman Pro package. In addition to the basic features 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 an 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 industry, Profit.ly has the right amount of resources to get you started. The platform has three membership levels that cater to traders of different levels. Let’s break down what these three levels are and what they’ll cost you.
The package called Novice is Profit.ly’s beginning-of-the-line plan specifically for those who are new to the trading world. When you sign up for this package you’ll be offered a range of strong and essential trading tools, all one of them essential 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 ability to verify the results of your trades and track profit as well as leading, following and even texting your fellow traders, as well as leaving feedback on today’s trades. You’re also allowed to get on leaderboards; analyze the results of your analysis, sort, as well as filter trades; and lastly, look at other people’s statistics.
The Novice plan costs $29.95 per month. Although it looks attractive for the price alone, there is a downside. It isn’t possible to create a private account, making your activities publicly available. If you’re interested in have the benefit of this service, keep an eye on us as we present to you Profit.ly’s next plan.
The Trader package allows users to benefit from many of the features of The Novice package. It is in this plan that you can create an account that is private for sharing with fellow associate users all your knowledge and information you have gained from trader’s community.
The price is $49.95/month, Profit.ly’s Trader plan is exactly what it says caters for those looking to develop their expertise in trading. Although it’s a nice thing however, there’s a crucial feature that is missing. As opposed to the prior Novice package, you will not be able to view other traders’ statistics, which might be a drawback for some who may be looking forward to this tier. Profitly Pennystocking Silver
The Pro plan is the most luxurious package Profit.ly offers to experienced traders. It costs $74.95 each month and a 22% discount for annual billing This plan offers everything. You will have full, unrestricted access to all the features from the two previous plans combined.
In addition, you’ll be able to see other users’ stats and data, but you also have the option of creating your own private profile. Both of these features, plus the other advantages you’ll be able to use to their fullest capacity. If you’re looking for a plan that can serve all the features you need to be trader with experience, the Pro level is the right choice for you!
Profit.ly’s Other Services
In addition to the trainer tools and Leaderboards Profit.ly provides a variety of other services they offer. One of those is its online store, which allows users to choose from a wide array of video products that are designed to educate and help you understand the nuances and pitfalls of trading. The products listed in this section of the website is available to be bought immediately for your personal use. Among these products include best-sellers such as”Trading Tickers, “Trading Tickers” series by trading specialist Tim Grittani, Timothy Sykes’s collection of DVDs and streaming-only content related to short stocking, penny stocking, as well as all things trading-related, clips and clips taken from The Annual Pennystocking Conference, and products from other expert traders.
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The integrated chat rooms are also part of Profit.ly’s range of features and services. You’re probably familiar with the chat room since you can find it throughout messaging and social platforms, in addition to a few special websites that provide live chat support. However, in Profit.ly it’s seen as a real-time place where gurus and their members can interact and learn in real time. Each guru has their style when it comes to running their chat room and dealing with the listed members. One of them may be laid back and rarely active, while another might be more online and communicative to their pupils. Think of chat rooms like Profit.ly’s version of the forum in essence.
Who is the ideal Trader for Profit.ly?
Profit.ly’s variety of offerings and features are geared towards an array of stock trader types, from beginners to experienced pros. With the variety of deals it can provide this platform definitely has something for all.
For instance, newbies can take advantage of Profit.ly’s collection of educational materials available across the platform. In addition, they will be provided with videos every week and chat room advice from its in-house gurus as well as their members. They’ll also be able to choose from the items on its store online for them to take wherever they may travel. They can also gain hands-on experience trading on the platform, but eventually they’ll realize that trading is a high-stakes game that shouldn’t be treated as an opportunity to make fun of.
For those traders who have had many years of experience down the line, we believe Profit.ly as equally as suitable to the newcomers. While novice traders may not be as well-equipped with managing trading however, experienced traders know how it works along with the plethora of risks associated with it. It is ideal to use Profit.ly’s array of options to their maximum advantage to improve their trading abilities. Like novices, they can learn from the top experts and experts and utilize those short tips and tricks throughout the process.
Profit.ly’s “all-in” approach doesn’t just apply to newbies or semi-experienced trader. Experts who have been verified can also participate in the excitement! Trade professionals who are at the same level as Superman and Tim Sykes can also use Profit.ly’s capabilities. Profit.ly’s capabilities to display their skills to others as a way to help navigate them through the ever-changing trading process. Profitly Pennystocking Silver
Profit.ly’s Pros and Pros and
- Profit.ly’s many capabilities as a ‘one-stop’ stock trading platform enable it to provide traders everywhere with an abundance of knowledge tools, communication, and trading tools
- You will be provided with excellent lessons and advice from the company’s in-house gurus, including libraries of educational videos and trading in real-time.
- You’re assured of transparency throughout Profit.ly by using accurate data and fellow traders that are waiting to reach you out whenever something happens
- The platform’s leaderboard feature 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 additional options to meet their individual preferences, for instance, posting unauthentic trades via images
- Profit.ly’s wide array of packages and subscription levels are priced at a reasonable cost There’s something for everyone
- Profit.ly’s abundance of packages and products offered may seem overwhelming 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 ignored.
- Profit.ly does not accept refunds because its premium users are expected to instantly take advantage of the numerous services that the platform can offer
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The Final Concluding Question The Final Verdict: Is Profit.ly Worth It?
If we were able to come up with an answer to this question, it would be yes. But you need to understand that the platform should not be used as a scheme to get rich quick. It wasn’t intended to be created for this reason. Instead, you should have an open mind. Profitly Pennystocking Silver
What we mean”yes” is that it can be a great learning tool. For those who are struggling, they may discover Profit.ly’s array of resources useful in their efforts to avoid loss and perform better than before. It’s not only the poor traders that can benefit from this platform. It will be able to accommodate beginners as well as even experts!
So, if you genuinely desire to be more successful in trading and would like to learn from your peers and experts throughout the process, then you should look no further than Profit.ly. Profit.ly is a fantastic option to begin.
FAQ Profitly Pennystocking Silver
How do you use Profit.ly to make your trades public?
Profit.ly includes a trade entry portion within the ‘My Trade section of the dashboard. It lets you post your trades, either verified or not. You may choose between three options:
- Linking your account to the brokerage of choice and importing trades directly from there
- Manually entering your trades using provided spaces and specifics
- Take a photo of your trades
What can I do to determine if the trade is verifiable or not?
If you purchase your trade through a reliable brokerage, there is an excellent chance that it is verifiable. This is evident by the small blue check. If you upload it manually or through screenshots, it will automatically be assigned as unverified.
The downside of having an unauthenticated trade is the chance of receiving negative feedback from fellow peers. If you receive too many negative votes, it could cause you to show up in the Madoff leaderboard, where people are able to identify who is dishonest in posting trades.
Does the Profit.ly mobile app still available?
As of the moment, Profit.ly is still available to download from the Apple App Store as well as in the Google Play store. The mobile version of the app is compatible with most functioning tablets and smartphones.
How many people are connected to Profit.ly?
Profit.ly currently houses more than 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 stock market opportunities both right and left.