Stock trading can be an exciting game with high stakes. On some days, you might have the benefit of positive and satisfactory numbers. On other days, however, the opposite may happen and it could be very difficult to return to the point you were at your most productive. If you’re always in the mud, you will have be aware that relying solely on instinct and survival might not be enough.
If you’ve suffered losses from time to time You’ll need solid advice from seasoned and tested trading experts. Additionally, you’ll require an enormous boost from your colleagues in the market from all over the globe. That’s why we’ve identified an option that can help you to improve your performance in the industry. We’ll be taking the time to look at Profit.ly, a well-recognized single-stop social platform to trade!
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 Short Penny Stock
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 and accountable, as well as transparent and to build relationships with each other through its broad range of features and tools including trade verification, chat rooms as well as an extensive library of educational content.
What exactly is Profit.ly?
Profit.ly is a trading site that serves both as a training and learning platform for traders who are just beginning their journey and also as a platform for experienced traders to track their performance through the use of advanced analytics tools. Providing users with a wide array of options for communication and trade, it helps traders from every field of business connect with one another. It also allows gurus to make worthy investments within the boundaries of the platform. Consider it an online social media platform similar like Facebook and Reddit however it is geared towards professionals 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 transactions are legitimate and will not allow for fraud as much as it is possible. It was founded in the past by penny expert in stock trading and investment expert Timothy Sykes, along with his colleague Michael Mosseri.
One time during his interview with Forbes publication, Sykes stated that Profit.ly was motivated by its focus “on the transparency of all trades, something that was never done before.” This idea Sykes said served two objectives: one) making public records for everyone, not just the experts and newsletter authors and students, and 2) giving everyone on the platform to learn from the losses and wins for the trading industry’s benefit. Short Penny Stock
How Does It How Does It
Profit.ly follows a subscription-based model that allows stock traders to have access to a range of features and services aimed at achieving achievement. It is possible to create an account at no cost, however you’re only given access to the leaderboard and follow the activities of people who aren’t gurus. If you’re ready to invest your money and see what stocks the experts are trading in real-time You’ll need to join one of Profit.ly’s offers, which we will discuss in the near future.
The process of opening an account is simple: Create an account that includes your personal information and knowledge, then connect to your brokerage account and you have yourself an opportunity to make your way to at the very top of the list. Profit.ly’s Leaderboard function, which was we’ve mentioned earlier, is designed to give its users a glimpse of how the community of traders performs as well as its experts. It’s not just a way to prove value to a large group of traders, but you can also use Profit.ly to purchase with a guru, and have the assurance that you’re confident of their knowledge and the legitimacy of their claims.
If you feel uneasy with the idea of divulging information about your account with a brokerage, you may opt to post your trades, whether verified or otherwise, through screenshots. Included in Profit.ly are a variety of trading classes, the ability to view stats in a trader’s profile, and more ways to communicate with your gurus in the chatroom, in addition to 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 trader who is well-known for delving his hands into trades in penny stocks. According to Investopedia, a penny stock is a small business’s stock which trades at less than $5 per share. Penny stock trading can be seen as a stepping stone for small companies to move to a large marketplace as they can access capital from the public. But don’t make the mistake of thinking that it can also be a high-risk game, which Sykes will be able to tell you through his many years of experience.
From his beginnings in the latter years of high school, Tim Sykes has, since then, made an estimated $6 million profit throughout his illustrious career as a trader. At the age of 25 Sykes was given greater exposure and an even wider impact when he was a part of the reality series “Wall Street Warriors.” 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 helped to establish Profit.ly as a platform for openness, and for the community to lift each other up and compete against each other on the platform.
The Profit.ly Gurus
One of Profit.ly’s most appealing features is the variety of education 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 through their years of expertise. Short Penny Stock
At its peak, Profit.ly had housed up to five gurus, each of them an expert in their niche in the field of trading. Some of the most prominent 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 the 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 we’ll take a look at the packages each guru can offer.
From Tim Sykes Tim Sykes
Sykes provides an essential stock trading service that focuses on penny-priced day trading with Tim’s Alerts. The cost is $74.95 per month, you’ll see him focus on the basic stock catalysts and employ them to anticipate the next possible moves in making trades.
A standalone purchase of Tim’s Alerts will get you access to the chatroom and the mobile app that’s available on iOS as well as Android devices, as well as texts, emails and push alerts and a daily stock watchlist.
Tim Sykes: From Tim Sykes: The Pennystocking Silver Package
Pennystocking Silver is the highest-quality version, with an upgraded version of Tim’s Alerts package. At $149.95 per month, 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, which includes swing trading alerts as well as unlimited access to a library of over 7,000 educational videos and new videos released every week.
> > Click Here to Check Out Profit.ly < <
In “Superman” Paul Scolardi: Superman Alerts
Scolardi who is known under the name “Superman,” is a swing trading professional with an eye for both small-cap monumental stocks and crazy-accurate marketing forecasts. Through the years since when he first started trading, Superman has amassed over $5.5 million in trading earnings. Short Penny Stock
The Superman Alerts plan is his offer of the most essential features and alerts on trading geared toward those who may be interested. For just $147 per month, you’ll have access to the daily premarket stock watchlist as well as the mobile application, daily market commentary in real-time, as well as E-mail and SMS alerts.
From “Superman” Paul Scolardi: Superman Pro
For $247 per month, you can enjoy additional features, plus access to a knowledgeable base provided by Superman himself through the Superman Pro package. On top of the essentials that are included in the Alerts plan, Superman Pro gives you daily video lessons, which include an ever-growing library of the previous ones. On top of that you’ll also gain the ability to access premium reports on research as well as the IPO or earnings monitor.
Profit.ly plans and costs
If you’re eager to join the world of online trading and make a mark on the market, Profit.ly has the right amount of resources to help you started. Profit.ly offers three membership tiers that cater to traders with different levels. Let’s break down what these three levels are and what they will cost you.
Novice Plan
The package called Novice is Profit.ly’s beginning-of-the-line plan specifically for those who are new to the trading community. When you sign up for this package, you will be immediately given a slew of robust and vital trading tools, all of which is essential to keep your fingers on what we could call a ruthless procedure in its own.
The list of features you can accomplish using Profit.ly’s Novice package include the ability to confirm the results of your trades and track profit and follow-up, leading and even texting your fellow traders, as well as leaving feedback on today’s trades. You can also get onto leaderboards; study, sort, and filter your trades and lastly, look at other’s stats.
The Novice plan will cost $29.95 per month. Although it might look appealing for the price alone however, there’s a drawback. You aren’t able to create a personal profile, thus making your actions public. If you’re interested in have access to this feature, 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. It is in this plan that you can create an individual profile that allows you to share with fellow associate users all your knowledge and knowledge you gain from this trading group.
The price is $49.95/month, Profit.ly’s Trader plan will do what the name implies caters people who want to harness their trading skills. While it’s nice but there’s one important aspect that’s not included. As opposed to the prior Novice package, you will not be able to view the statistics of other traders, which could be a problem for those who are anticipating this level. Short Penny Stock
Pro Plan
The Professional plan can be described as the highest premium package that Profit.ly offers to experienced traders. At $74.95 each month which includes an additional 22% discount for billing annually the Pro plan has everything. It gives you full, unlimited access to all the features of the previous plans combined.
In addition, you’ll be able to see other users’ stats and data, but you also have the opportunity to create a private profile. Both of these options, in addition to the benefits that you can use to their fullest capacity. If you’re in search of an option that gives you with everything you require as an experienced trader, the Pro tier could be ideal for you!
Profit.ly’s Other Services
In addition to the training tools and the leadersboards Profit.ly offers a number of more services it has to offer. One of them is the online store, where customers can pick from a range of instructional videos that are designed to inform and guide you through the nuances and pitfalls of trading. The products listed on this page of the website can be immediately purchased for personal use. Among these products include best-sellers like”Trading Tickers, “Trading Tickers” series by trading expert Tim Grittani, Timothy Sykes’s library of DVDs and streaming-only content about short stocking, penny stocking, and other related to trading, videos and footage from events like the Annual Pennystocking Conference, and other products by expert traders.
> > Click Here to Check Out Profit.ly < <
The integrated chat rooms are as well part of Profit.ly’s range of features and services. You may be familiar with the concept of chat rooms since you can see it across messaging and social platforms, and also on a few specialty websites that provide live chat support. But on Profit.ly the chat room is viewed as a hands-on area where experts and members can interact and share knowledge in real-time. Every guru has their own way in running their chat rooms and in dealing with the members. One of them may be more laid back and rarely active, while another may be more interactive and online in their interactions with students. Think of chatrooms as Profit.ly’s version of a forum, in the essence.
Who is the ideal trader to Profit.ly?
Profit.ly’s diverse range of products and features are geared towards a large variety of stock traders, ranging from novices to the most experienced. Given the wide range of options it has to offer it is certain to have something for every person.
For instance, newbies can take advantage of Profit.ly’s knowledge-based information available on the platform. Not only will they get daily videos and chat room advice from the in-house experts and their members. They’ll also be able choose from the items from its online store to carry with them wherever they may travel. You can also get hands-on experience trading on the platform, but ultimately, they will soon learn that trading is a high stakes game that shouldn’t be treated as an opportunity to make fun of.
For traders who have years of exposure down the road, we consider Profit.ly equally suited to them as people who are just beginning. While novice traders may not be as well-equipped with dealing with trading issues, the pros already understand how it works and the risky mix that it carries. It is ideal to utilize Profit.ly’s variety of options to their maximum advantage to develop their skills in trading. Like beginners, they can learn from the experts and experts , and use those short tips and tricks throughout the process.
Profit.ly’s “all-in” approach isn’t limited to novices and semi-experienced traders. Certified experts can also take part in the excitement! People in the trade industry who are on similar levels to Superman or Tim Sykes can also use up Profit.ly’s capabilities to display their expertise to other traders as a way to guide them through the ever-illustrious trading process. Short Penny Stock
Profit.ly’s Pros and Cons
The Pros
- Profit.ly’s numerous capabilities as a “one-stop’ stock trading platform allows traders from all over the world with a wealth of education, communication, and trading tools
- You get to receive excellent training and insights from its inside experts, as well as collections of educational videos as well as live trading activity.
- You’re guaranteed transparency throughout Profit.ly with precise analytics as well as other traders that are waiting to reach you when something goes wrong.
- The leaderboard feature of the platform offers you the opportunity to increase your reputation as a reliable and verifiable trader
- Apart from its core abilities, Profit.ly also gives its users extra options to suit their individual preferences, for instance, posting unauthentic trades via photographs
- Profit.ly’s variety of packages and subscription levels are priced at reasonable prices There is truly something for every person
The Cons
- Profit.ly’s bountiful stream of products and packages offered might seem overwhelming for the majority of its customers
- Since traders can choose to make any type of trade, there’s an opportunity that some them could profit from picking the most profitable trades to improve their ratings – this may be a concern that should not be ignored.
- Profit.ly does not accept refunds because its premium users are expected to instantly benefit from the many services that the platform can offer
> > Click Here to Check Out Profit.ly < <
The Final Concluding Question The Final Verdict: Is Profit.ly Valued?
If we could think of the answer, 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. It wasn’t meant to be designed for this reason. Instead, you need to have curiosity. Short Penny Stock
What we do mean”yes” is it can be a great learning tool. People who are stuck could discover Profit.ly’s variety of resources useful when they try their best to avoid losses and perform better than they did before. It’s not just the poor traders that can benefit from this platform. It can accommodate beginners and even experts in the field!
If you really care about being a better trader and want to be taught by your fellows and gurus on the way, you should look no further than Profit.ly. Profit.ly could be a good alternative to start.
FAQ Short Penny Stock
What are the best ways to use Profit.ly to make your trades public?
Profit.ly offers a trade entry portion under the “My Trade section of the dashboard that lets you record your trades that are verified or otherwise. There are three options:
- Linking your account to the brokerage of choice and importing trades directly from there
- Manually entering your trades using specified spaces and information.
- Take a photo of your trades
How do I know whether the trade is authentic or not?
If you purchase your trade through a reliable brokerage, there’s the chance that it is verifiable. This is evident by the blue check mark. If you post it manually or through images, it will be classified as unverified.
The disadvantage of an unauthenticated trade is the possibility of receiving negative feedback from fellow peers. Too many downvotes may 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 this writing, Profit.ly is still available for download on the Apple App Store and on the Google Play store. The mobile app version is compatible with the majority of working smartphones and tablets.
How many are using Profit.ly?
Profit.ly currently houses more than 150,000 investors and traders, because they are not just trying to maximize profits but also help each other grow and learn more about acquiring opportunities in the stock market all over the world.
