Stock trading is a high-stakes game. On certain days, you might have the benefit of pleasing and positive numbers. On other days it could be the reverse and it can be extremely difficult to return to where you were your best. If you find yourself constantly stuck in the gutter, you will have be aware that relying solely on pure instinct and preservation may not always be enough.
If you’ve experienced losses from time to time You’ll need sound advice from tried-and-tested trading experts. Also, you’ll need an important boost from colleagues in the market from all over the world, which is why we’ve identified a platform that can support you to improve your performance in the market. We’ll be taking the time to look at Profit.ly is a well-known 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. To get a comprehensive overview of Profit.ly, you may still want to check out our article below.
Overall Rating: 4.1/5 Sub Penny Stock List
Value: 4.1/5
Quality: 4.1/5
Costs: 4.1/5
Users Experience 4.5/5
Summary
Profit.ly is an online trading platform that enables traders of various levels to be informative and accountable, as well as transparent and uplifting with each other through its broad range of features and tools like trade verification, chat rooms and a rich library of educational content.
How do I define Profit.ly?
Profit.ly is a trading site that serves both as a learning and training platform for those new to trading and also as a platform for traders who are experienced to monitor their performance through the use of cutting-edge analytics tools. It provides users with a vast variety of tools to facilitate trade and communication and letting traders from all walks of life connect with one another. It offers gurus with an opportunity to invest in the right areas that the site. Consider it an online social media platform similar like Facebook and Reddit but with a focus on professionals and traders.
Profit.ly independently verifies trade performances and then publishes the information from them in the style of leaderboards. The platform for trading is built on honesty and transparency: it guarantees that the transactions are legitimate and will not accept fake news as long as possible. It was founded in the past by penny expert in stock trading and investment expert Timothy Sykes, along with fellow expert Michael Mosseri.
In an appearance in Forbes publication, Sykes declared that Profit.ly was driven by its focus “on the transparency of the entire spectrum of trades, something which was never previously done.” The idea, he added, served two objectives: one) making public records for all traders, not just the gurus as well as students and newsletter writers, and 2) allowing anyone on the platform to be enlightened by the losses and wins to the benefit of the trading industry. Sub Penny Stock List
How Does It How Does It
Profit.ly follows a subscription-based model which allows stock traders to benefit from a variety of features and services aimed at achieving success. You may set up an account for free, but you’re only limited to having access to the leaderboard and follow the actions of non-gurus. If you’re looking to invest your money and see which stocks the gurus are trading in real-time You’ll need to sign up to one of Profit.ly’s deals, which we will go over shortly.
Setting up an account is easy: create a profile with your experiences and knowledge, then connect to your brokerage account, and you have yourself a chance to shoot your way up to high on the leaderboard. Profit.ly’s leaderboard feature, as previously mentioned, is designed to give its users an insight into how the community of traders performs as well as its experts. It’s not just a way to show that you’re worthy to the large group of traders. You can also utilize Profit.ly to shop with a guru, and have the confidence that you are confident with their expertise and the legitimacy of their claims.
If you’re not comfortable with the idea of divulging the details of your broker account you may choose to publish your trades, either verified or otherwise, through photographs. Included in Profit.ly are a variety of courses in trading as well as the ability to look at the stats of a trader’s account and other methods to interact with your experts via chatrooms 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 trader who is famously known for his efforts 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 is an opportunity for small-scale businesses to make the transition into a larger market because it gives them access to money from the general public. However, don’t get it wrong – it can also be an extremely risky activity, as Sykes is sure to reveal through his many years of experience.
From his beginnings in his late years in High School, Tim Sykes has, since then, made over $6 million of earnings through his lengthy career as trading professional. At 25 years old Sykes was given more exposure and a wider impact when he was a part of the reality show “Wall Street Warriors.” He used the opportunity to create trading rooms, penny stock themes, and educational material aimed at people who are brand new to trading. He also helped establish Profit.ly as a platform for openness, 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 wide range of educational sources, trade alerts and other useful stuff offered by the company’s internal gurus. The gurus in question refer to experts in the field of trading who have made substantial amounts of money through their years of experience. Sub Penny Stock List
At its height, Profit.ly had housed up to five gurus, each of them a pro within their particular field within the world of trading. Some of the prominent gurus included Connor Bruggermann, Nathan Michaud of Investors Underground, and Triforce among others. As of this writing, only two gurus remain on the platform: the founder and penny stock trader Tim Sykes and veteran smallcap swing trader Paul Scolardi, also known as Superman. In light of that we’ll take a look at the packaged offers each guru can offer.
From Tim Sykes: Tim’s Alerts
Sykes offers a basic stock trading service with the main priority being penny-priced day trading with Tim’s Alerts. Costing $74.95 per month, you will see him focus on the fundamental catalysts for stocks and utilize them to forecast the next move that is possible when trading.
A purchase on its own in Tim’s Alerts will get you access to the chatroom and the mobile app available for iOS and Android devices; email, text and push alerts; and a daily stock watchlist.
Tim Sykes: From Tim Sykes: The Pennystocking Silver Package
Pennystocking Silver is the premium version that has been upgraded of the Tim’s Alerts program. Priced at $149.95 monthly, it is an ideal plan for those who are more involved in investing in penny stocks. Pennystocking Silver comes with all the standard features of the previous plan, which includes swing trading alerts and unlimited access to a library of over 7,000 educational videos, with new ones released each week.
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The following video is from “Superman” Paul Scolardi: Superman Alerts
Scolardi, who goes by the alias “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 when he first started trading, Superman has amassed over $5.5 million in trading profits. Sub Penny Stock List
The Superman Alerts package is his package of vital features and trading alerts geared towards those who might be interested. For just $147 per month, you’ll have access daily stock watchlist that is premarket as well as the mobile app, daily market updates in real-time, as well as E-mail and SMS alerts.
In “Superman” Paul Scolardi: Superman Pro
At $247/month, you get additional features and access to an extensive base of knowledge that is provided by Superman himself via Superman Pro. Superman Pro package. On top of the essentials included in the Alerts package, Superman Pro gives you weekly video lessons, including an ever-growing library of the previous ones. On top of that you’ll also have 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 leave a mark in the field, Profit.ly has the right amount of resources to get you going. The platform has three membership tiers that cater to traders at different levels. Let’s look at what the three tiers are and how much they’ll cost you.
Novice Plan
The Novice package 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 plan you’ll be provided with a variety of powerful and essential trading tools, each of which is essential to keep your fingers on what can describe as a cutthroat process in and of itself.
The list of features you can do using Profit.ly’s Novice package include the ability to verify trades and track profits as well as leading, following and even texting your fellow traders, as well as giving feedback on the trades of today. You can also get on leaderboards, analyze your trades, sort or filter the trades you make and lastly, look at other’s stats.
The Novice plan will cost $29.95 per monthly payment. While it may look attractive simply because of the price but there’s a disadvantage. It isn’t possible to create a private profile, thus making your activities publicly available. If you’re interested in get an account with this option, be watching for us to introduce to you Profit.ly’s next plan.
Trader Plan
The Trader package lets users to benefit from a majority of features from The Novice package. This plan allows that you can set up an account that is private to share with other associate users all the insights and knowledge you gain from trader’s community.
The price is $49.95/month, Profit.ly’s Trader plan does what the name suggests caters to those who desire to improve their trading skills. While it’s nice but there’s one important feature that is missing. As opposed to the prior Novice package, this one won’t be able to see the statistics of other traders this could be a disadvantage for those who are looking forward to this tier. Sub Penny Stock List
Pro Plan
This is by far the most premium package that Profit.ly could offer for seasoned traders. At $74.95 monthly, and an additional 22% discount for annual billing, this tier has it all. It gives you full, unlimited access to all the features from the two previous plans.
In addition, you’ll be able to view other people’s stats and data, but you also have the option of creating an individual profile. Both of these options, in addition to the advantages you’ll be able to use to the maximum extent. If you’re in search of an option that gives all the features you need to be trader with experience, the Pro plan is ideal for you!
Profit.ly’s Other Services
In addition to the trainer tools and Leaderboards Profit.ly offers a number of more services it has to offer. One of these is its online store, which allows users to select from a variety of video products that are designed to educate and guide you through the nuances and pitfalls of trading. All of the products featured in this section of the site can be purchased immediately for personal use. Among these products include best-sellers like”Trading Tickers,” the “Trading Tickers” series by trader specialist Tim Grittani, Timothy Sykes’s collection of DVDs, streaming-only content about short stocking, penny stocking, as well as all things trading-related, clips and clips 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 are probably familiar with the concept of the chat room as you will see it on social and messaging platforms, in addition to a few special websites that offer live chat support. But on Profit.ly, it is seen as a real-time area where experts and members trade and exchange knowledge in real-time. Every guru has their own way in running their chat rooms and dealing with the listed members there. One might be laid back and rarely active, while another might be more online and communicative with their students. Consider chat rooms like Profit.ly’s version of the forum, in essence.
Who is the best trader to Profit.ly?
Profit.ly’s diverse range of products and features cater to the wide range of stock trader types, from novices to the most experienced. Given the wide range of options it can provide this platform definitely has something for all.
Beginners, for instance, will enjoy Profit.ly’s library of learning information available on the platform. They will also 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 be. Additionally, they can gain practical experience trading on the platform, but ultimately they’ll be able to realize that the process is a high-stakes game that shouldn’t be taken as an opportunity to make fun of.
For traders who have decades of experience in the line, we believe Profit.ly as equally as suitable to those who are just starting. While the newbies may not be as well-equipped with managing trading however, experienced traders know the way it functions and the risky mix that it carries. It is ideal to make use of Profit.ly’s array of features to their best advantage to develop their trading abilities. Like beginners, they can learn from the experts and experts and utilize those simple tips and hints throughout the process.
Profit.ly’s ‘all-together’ nature isn’t limited to novices as well as semi-seasoned traders. Experts who have been verified can also participate in the enjoyment! Those in the trading industry who are on the same level as Superman and Tim Sykes can also use Profit.ly’s capabilities. Profit.ly’s abilities to show off their expertise to other traders as a way to help navigate them through the ever-changing trading process. Sub Penny Stock List
Profit.ly’s Pros and Cons
The Pros
- Profit.ly’s diverse capabilities as a ‘one-stop’ stock trading platform enable traders across the globe with a wealth of education tools, communication, and trading tools
- You will 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’re guaranteed transparency throughout Profit.ly by using accurate data and fellow traders that are waiting to reach you when something goes wrong.
- The leaderboard feature of the platform offers you a way to build your credibility as a trustworthy and verifiable trader
- In addition to its primary capabilities, Profit.ly also gives its customers additional options to meet their needs, like posting trades that are not authentic by taking screenshots
- Profit.ly’s variety of subscription levels and guru packages are priced at a reasonable cost – there truly is something for all
The Cons
- Profit.ly’s abundance of packages and services offered could seem overwhelming for a lot of its customers
- Since traders can choose to make any type of trade, there is a possibility that some of them could profit from selecting the best trades in order to improve their ratings this could be a concern that should not be overlooked.
- Profit.ly will not allow refunds as its premium users are expected to instantly benefit from the number of services the platform has to provide
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The Final Verdict The Final Verdict: Is Profit.ly Worth It?
If we were able to come up with an appropriate answer for this query, it would be a ‘yes’. But you need to understand that it shouldn’t be treated as a get-rich-quick scheme. The platform was not always intended to be created in this way. Instead, it is best to keep the ability to think with an open heart. Sub Penny Stock List
What we do mean by ‘yes’ is that it can be a great learning tool. People who are stuck could be able to find Profit.ly’s array of resources to be helpful when they try their best to avoid losses and perform better than they did before. It’s not just the struggling traders that will benefit from the platform. It will be able to accommodate beginners as well as even experts in the field!
So, if you genuinely desire to be more successful in trading and would like to learn from your peers and experts along the way, then you should look no further than Profit.ly. Profit.ly could be a good choice to start.
FAQ Sub Penny Stock List
How do you use Profit.ly to post your trades?
Profit.ly has a trade entry portion in the My Trade’ category of the dashboard that lets you post your trades, either verified or otherwise. There are three options:
- Linking your account to the broker of choice and import trades directly from there
- Manually entering your trades into the spaces provided and details
- Send a screen shot of your trades
How do I know if the trade is verifiable or not?
If you purchase your trade from a trusted brokerage, there’s a high chance that it is verifiable. This is shown by the small blue check. If you submit it manually or through screenshots, it will automatically be classified as unverified.
The downside of having an unverified trade is the chance of receiving negative feedback from friends and colleagues. A large number of downvotes could cause you to show up on the Madoff leaderboard, where people can see who’s dishonest in posting trades.
Are the Profit.ly mobile app still available?
As of the moment, Profit.ly is still available for download on the Apple App Store and on the Google Play store. The mobile version of the app works with all working smartphones and tablets.
How many people are connected to Profit.ly?
Profit.ly is currently home to over 150,000 traders and investors, because they are not just trying to maximize profits but also to help one another learn and improve in acquiring opportunities on the stock market both right and left.
