Stock trading can be an extremely risky game. Some days, you could be reaping the benefits of pleasing and positive numbers. On other days, however you may experience the opposite and it could be extremely difficult to return to the point you were at your best. If you’re immersed in the water it is important to recognize that relying on your instincts and preserving might not be enough.
If you’ve experienced occasional losses and you’re likely to require reliable advice from tested and tried trading experts. Additionally, you’ll require a significant boost from your colleagues in the market from all over the globe, which is why we’ve found an online platform that will help you to improve your performance in the industry. We’ll be taking the time to 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.
Overall Rating: 4.1/5 Signal Penny Stock
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 various levels to be informed responsible, transparent, and to build relationships with each other by offering a wide variety of tools and features including chat rooms, trade verification and a rich library of educational material.
What exactly is Profit.ly?
Profit.ly is a site for trading that functions as a training and learning platform for those who are just beginning their journey as well as a place for experienced traders to track their performance with the help of advanced analytics tools. Offering users a broad variety of tools for trade and communication, it helps traders from all walks of life network with each other. It gives the gurus worthwhile investments within the confines of this platform. Think of it as the social media equivalent to Facebook and Reddit but with a focus on experts and traders.
Profit.ly independently validates trade performance and publishes all data from them in the style of leaderboards. The platform for trading is built on transparency and honesty: it guarantees that the trades are authentic and won’t allow for fraud as much as possible. It was established many years ago by penny stock trade expert and investment guru Timothy Sykes, along with the other expert Michael Mosseri.
In an interview for Forbes magazine Sykes stated that Profit.ly was based “on the transparency of every trade, something that was never done before.” The concept Sykes said served two objectives: one) creating public track records for everyone, not just the experts, but also the newsletter authors and students as well as) giving everyone on the platform to learn from both losses and wins to the benefit of the trading industry. Signal Penny Stock
How Does It Perform?
Profit.ly follows a subscription-based model that lets stock traders have access to a range of services and features geared toward achievement. You may set up an account there for free, but you’re only limited to having access to the leaderboard and observe the activities of people who aren’t gurus. If you’re looking to invest your money to 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.
Setting up an account is easy: create an account that includes your personal information and skills, join your brokerage account, and you’ll be given the chance to climb your way to at the very top of the list. 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 and its experts. It’s not just a way to demonstrate your worth to a community of traders. You are also able to use Profit.ly to shop 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 concept of leaking the details of your broker account you may opt to post your trades, whether verified or not, via pictures. Included in Profit.ly are a variety of trading classes, the ability to view the stats of a trader’s account and other methods to connect with your gurus in the chatroom, along with text and e-mail alerts and updates.
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Meet Tim Sykes, the founder: Tim Sykes
Timothy Sykes is a well-renowned day trading personality who is well-known for his involvement in penny stock trading. According to Investopedia Penny stock is a small business’s shares that trade for under $5 for each share. Penny stock trading can be seen as an opportunity for small-scale businesses to make the transition to a market that is larger as it allows them to access capital from the public. However, don’t get it wrong – it can also be an extremely risky game, as Sykes can surely tell through his many years of experience.
Since his initial beginnings in the latter years of High School, Tim Sykes has, since then, made more than $6 million in earnings through his lengthy career as trading professional. At 25 years old Tim Sykes had received greater exposure and an even wider impact as a participant in the reality TV show “Wall Street Warriors.” Then, he used the opportunity to develop trading rooms, penny stock themes, and educational content geared toward those who are just beginning to learn about the trading field. He also helped to establish Profit.ly as a place of transparency, and for the community to lift each other up and compete through the platform.
The Profit.ly Gurus
One of Profit.ly’s most appealing features is the variety of educational tools, trade alerts as well as other useful information provided by the company’s internal gurus. Gurus are referred to the experts in trading who have proven to make substantial profits through their years of expertise. Signal Penny Stock
At its height, Profit.ly had housed up to five gurus, all of them a professional in their field of expertise within the world 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: 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 what packaged deals each guru has to offer.
From Tim Sykes: Tim’s Alerts
Sykes provides an essential stock trading service which focuses on penny stock day trading through Tim’s Alerts. Costing $74.95 monthly, you’ll be able to see him focus on the basic stock catalysts and employ them to predict the next move that is possible when making trades.
A standalone purchase in Tim’s Alerts will get you access to the chatroom and the mobile application that is available to iOS and 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 most premium version, with an upgraded version of Tim’s Alerts program. Priced at $149.95 monthly, this is a great option for those who are more committed to the penny-stock market. Pennystocking Silver comes with all the standard features found in prior plans, such as swing trading alerts and unlimited access to a rich library of more than 7,000 instructional videos that are updated every week.
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From “Superman” Paul Scolardi: Superman Alerts
Scolardi who is known under the alias “Superman,” is a professional in swing trading with an eye for tiny-cap massive stocks as well as wildly accurate marketing forecasts. Since he began as a trader, Superman has amassed over $5.5 million in trading profits. Signal Penny Stock
The Superman Alerts plan is an package of vital features and alerts on trading geared towards those who might be interested. For $147 per month, you’ll gain access to the daily premarket stock watchlist and the mobile app, the daily market updates in real-time, as well as email and SMS alerts.
The film “Superman” Paul Scolardi: Superman Pro
For $247 per month, you can enjoy additional features, plus access to the extensive knowledge base provided by Superman himself, via the Superman Pro package. Alongside the standard features that are included in the Alerts package, Superman Pro gives you weekly video lessons, including a growing library of all the previous ones. In addition, you’ll also get access to premium research reports as well as an IPO as well as earnings tracking tool.
Profit.ly plans and costs
If you’re eager to join the world of online trading 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 that are designed to accommodate traders of different levels. Let’s take a look at what these three levels are and what they’ll cost you.
Novice Plan
The package called Novice is Profit.ly’s beginning-of-the-line plan specifically for those who are just beginning their journey to the world of trading. As you sign up for this plan you’ll be given a slew of robust and indispensable trading tools, all of them integral in keeping your fingers on what call a competitive process in and of itself.
Among the list of things 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 texting other traders; and providing feedback on trades today. You can also get on leaderboards, analyze, sort, or filter the trades you make; and lastly, look at the statistics of other traders.
The Novice plan is $29.95 per monthly payment. Although it might look appealing for the price alone, there is a downside. You aren’t able to create a personal profile, which makes your actions public. If you’re interested in get an account with this option, you should be watching for us to introduce to you Profit.ly’s next strategy.
Trader Plan
The Trader package allows users to benefit from the majority of features available in the Novice plan. It is in this plan that you can set up a private profile for sharing with fellow associates all your insights and knowledge you gain from this trading group.
The price is $49.95/month, Profit.ly’s Trader plan does what the name suggests: Cater for those looking to develop their trading skills. While it’s nice, there is one significant element that’s missing. As opposed to the prior Novice package, you will not be able to view other traders’ statistics, which could be a disadvantage for those who are eager to try this new tier. Signal Penny Stock
Pro Plan
This is by far the highest expensive plan Profit.ly could offer for seasoned traders. It costs $74.95 per month, which includes 22% off for billing annually, this tier has everything. You will have full, unrestricted access to all the options of the previous plans combined.
You’re not only able to look at other people’s statistics, but you’re also given the option of creating your own private profile. Both of these options, in addition to the benefits that you can use to the maximum extent. If you’re looking for a plan that can serve you with everything you require as trader with experience, the Pro plan is for you!
Profit.ly’s Other Services
Apart from the provided trainer tools and leadersboards Profit.ly offers a number of more services it has to provide. One of those is its online store, where customers can choose from a wide array of video products that are designed to educate and help you understand 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. These include best-selling products like”Trading Tickers, “Trading Tickers” series from trading expert Tim Grittani, Timothy Sykes’s library of DVDs and streaming-only content related to short stocking, penny stocking, as well as all related to trading, videos and scenes taken from events like the Annual Pennystocking Conference, and other products by expert traders.
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The integrated chat rooms are also part of Profit.ly’s variety of features and services. You are probably familiar with the concept of the chat room since you will see it on social and messaging platforms, and also on a few specialty websites that offer live chat assistance. However, in Profit.ly, it is seen as a real-time space where experts and their members can interact and exchange knowledge in real-time. Every guru has their own way when it comes to running their chat room and dealing with the members there. Some may be laid back and less active, while another might be more interactive and online to their pupils. Consider chat rooms like Profit.ly’s version of the forum in the essence.
Who is the ideal trader to Profit.ly?
Profit.ly’s diverse range of products and features are geared towards an array of stock trader types, from novices to experienced professionals. Given the wide range of options it can provide, the platform surely has something for all.
For instance, newbies can take advantage of Profit.ly’s library of learning content offered throughout the platform. In addition, they will be enriched with weekly videos and chat room tips by its internal gurus as well as their members. They’ll also be able select from the products in its online store for them to take wherever they may go. You can also get hands-on experience trading on the platform, but ultimately they’ll be able to realize that trading is a high-stakes game that should not be viewed as an opportunity to make fun of.
For the traders with years of exposure down the road, we consider Profit.ly equally suited to those who are just starting. While the newbies may not be as adept at managing trading, the pros already understand how it works along with the stack full of risks associated with it. Ideally, they may make use of Profit.ly’s variety of features to their full advantage to develop their trading skills. Like novices, they can learn from the experts and experts and utilize those simple tips and hints along the way.
Profit.ly’s “all-inclusive” nature doesn’t just apply to newbies or semi-experienced trader. Certified experts can also take part in the excitement! People in the trade industry who are on an equal level with Superman and Tim Sykes can also use up Profit.ly’s capabilities to display their expertise to other traders as a way to assist them in the ever-changing trading process. Signal Penny Stock
Profit.ly’s Pros and Pros and
The Pros
- Profit.ly’s diverse capabilities as a ‘one-stop’ stock trading platform allows traders across the globe with tons of learning tools, communication, and trading tools
- You get to receive excellent training and advice from the company’s in-house gurus, including video libraries that teach you how to learn and real-time trading activities
- You can be sure of complete transparency through Profit.ly with precise analytics as well as fellow traders that are waiting to reach you out whenever something happens
- The leaderboard feature of the platform offers you the chance to establish your credibility as a trustworthy and authentic trader
- In addition to its primary capabilities, Profit.ly also gives its customers additional options to meet their needs, like posting unauthentic trades via screenshots
- Profit.ly’s variety of packages and subscription levels are priced at reasonable prices There’s something for everyone
The Cons
- Profit.ly’s bountiful stream of packages and services offered could seem overwhelming for the majority of its users
- As traders may opt to post any kind of trade, there is an opportunity that some them could profit from picking the most profitable trades to improve their ratings This could be a risk that shouldn’t be ignored.
- Profit.ly does not accept refunds because the premium customers are expected to instantly benefit from the many services that the platform can offer
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The Final Concluding Question is: Is Profit.ly worth it?
If we were able to come up with 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. The platform wasn’t originally intended to be created for this reason. Instead, you need to have the ability to think with an open heart. Signal Penny Stock
What we mean by ‘yes’ is that it is a fantastic learning tool. Those who may be stuck might discover Profit.ly’s range of resources to be helpful in their efforts to incur lesser loss and perform better than they did before. It’s not only the poor traders that can profit from the platform. It will be able to accommodate beginners as well as even experts!
If you really desire to be better at trading and wish to be taught by your peers and experts throughout the process, then look no further – Profit.ly may be a great choice to start.
FAQ Signal Penny Stock
How do you use Profit.ly to make your trades public?
Profit.ly includes the option of allowing trade entries under the “My Trade section of the dashboard which lets you post your trades, verifiable or otherwise. There are three options:
- Linking your account to the broker of choice and import transactions directly through there
- Manually inputting your trades with provided spaces and specifics
- Take a photo of your transactions
What can I do to determine if the trade is verifiable or not?
If you purchase your trade from a reputable brokerage, there is a high chance that it is verifiable. This is shown by the small blue check. If you submit the information manually or via screenshots, it will automatically be classified as unverified.
The drawback of posting an unverified trade is the possibility of getting downvotes from your colleagues. A large number of downvotes could cause you to show up at the top of the Madoff leaderboard, where people are able to identify who is dishonest in posting trades.
Does the Profit.ly mobile application still available?
As of the moment, Profit.ly is still available to download via the Apple App Store and in the Google Play store. The mobile app version is compatible with most functioning tablets and smartphones.
How many people are using Profit.ly?
Profit.ly currently houses more than 150,000 investors and traders since they’re not just looking to earn maximum profits but also help each other grow and learn more about acquiring opportunities on the stock market left and right.
