Stock trading can be a high-stakes game. On some days, you might be reaping the benefits of positive and satisfying numbers. However, on other days you may experience the opposite and it could be extremely difficult to get back to the point you were at your most productive. If you find yourself immersed in the water it is important to recognize that relying on pure instinct and preservation might not be enough.
If you’ve experienced loss from time to time You’ll need solid advice from seasoned and tested trading experts. You’re also gonna need an important boost from fellow traders from around the globe, which is why we’ve found an option that can help you in your improvement in the market. This review will 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. Do check out our article below, however, because it has a comprehensive overview of Profit.ly.
Total Rating: 4.1/5 Sub Penny Stock Screener
The User’s Experience 4.5/5
Profit.ly is an online trading platform that allows traders of various levels to be informed and accountable, as well as transparent and to build relationships with one another through its wide array of tools and features including trade verification, chat rooms, and an enriched library of educational material.
What is Profit.ly?
Profit.ly is a site for trading which serves as a training and learning platform for those new to trading and as a hub for traders who are experienced to monitor their performance using the aid of advanced analytics tools. It provides users with a vast range of resources for trade and communication and letting traders from all walks of life network with one another. It gives the gurus an opportunity to invest in the right areas of this platform. Consider it an online social media platform similar like Facebook and Reddit however it is geared towards experts and traders.
Profit.ly independently checks the performance of trades and publishes all data of them in the manner of leaderboards. The platform for trading is built on honesty and transparency: it makes sure that trades are valid and won’t tolerate inauthenticity as much 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.
One time , during an appearance in Forbes magazine, Sykes said that Profit.ly was motivated by its focus “on showing the entire spectrum of trades, something which has never been done before.” This idea, he added, served two goals: 1.) keeping track of public data for all traders, not just the gurus as well as newsletter writers and students and secondly) allowing anyone on the platform to learn from both the wins and losses for the trading industry’s benefit. Sub Penny Stock Screener
How Does It How Does It
Profit.ly is a subscription-based platform which allows stock traders to have access to a range of tools and services that are geared towards achieving success. You may set up an account there at no cost, however you’re only given the ability to navigate through 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’ll need to join one of Profit.ly’s offers that we’ll review in the coming days.
Making an account simple: Create an account that includes your personal information and skills, join to your brokerage account, and you’ll be given a chance to shoot through at the very top of the list. Profit.ly’s leaders’ board feature as mentioned previously it is designed to provide its users an insight into their performance as a trading group and its experts. It’s not only a chance to prove value to a group of traders, as you can also utilize Profit.ly to purchase with a professional with the assurance that you’re comfortable of their knowledge and the veracity of their assertions.
If you feel uneasy with the concept of leaking the details of your broker account you may opt to post your trades, verified or not, by taking pictures. In Profit.ly is the huge selection of courses in trading, the ability to view statistics on a person’s profile and other methods to connect with your gurus through the chatroom in addition to email and text alerts as well as updates.
Meet Tim Sykes, the founder: Tim Sykes
Timothy Sykes is a well-renowned day trading personality who is famously known for delving his hands into penny stock trading. According to Investopedia, a penny stock is a small business’s shares that trade for under $5 for each share. Penny stock trading is an opportunity for small businesses to transition to a market that is larger as it gives them access to money from the public. But don’t be mistaken – it can also be an extremely risky activity, as Sykes is sure to reveal thanks to his years of expertise.
Beginning in the latter years of the high schools, Tim Sykes has, since then, earned over $6 million of profit during his long and successful career as trading professional. When he was 25 years old Sykes was given greater exposure and an even wider impact when he became part of the reality show “Wall Street Warriors.” He made use of the show to create trading rooms and penny stock themes and educational material aimed at those who are just beginning to learn about 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 amazing features is the wide range of educational resources, trade alerts, as well as other useful information provided by the platform’s in-house gurus. The gurus in question refer to the trading experts who have made significant amounts of profit through their years of experience. Sub Penny Stock Screener
At its peak, Profit.ly had housed up to five gurus, each of them a pro within their particular field in the trading industry. Some of the most famous experts included 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 the platform: Founder and penny stock trader Tim Sykes and veteran smallcap swing trader Paul Scolardi, also known as Superman. With that taken into consideration Let’s look at the packaged offers each guru has to offer.
From Tim Sykes Tim Sykes
Sykes offers basic stock trading services with the main priority being penny-stock day trading via Tim’s Alerts. Costing $74.95 for a month you’ll observe him focus on basic stock catalysts and employ them to forecast the next possible moves in making trades.
A single purchase from Tim’s Alerts will get you access to the chatroom and the mobile application that is available for iOS as well as Android devices, as well as 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 package. Priced at $149.95 per month, it is a great option for those who are invested in investing in penny stocks. Pennystocking Silver offers all the essential features found in the previous plan, including swing trading alerts and unlimited access to a rich collection of more than 7,000 educational videos and new videos released every week.
The following video is from “Superman” Paul Scolardi: Superman Alerts
Scolardi who is known under the name “Superman,” is a trader who has an eye for both 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 total trading earnings. Sub Penny Stock Screener
The Superman Alerts plan is his package of vital features and alerts on trading geared toward those who may be interested. For just $147 per month, you’ll have access to the daily stock watchlist that is premarket as well as the mobile application, daily market commentary shown in real time, and SMS and e-mail alerts.
From “Superman” Paul Scolardi: Superman Pro
For $247 per month, you can enjoy additional features, plus access to a knowledgeable base of information provided by Superman himself through his Superman Pro package. In addition to the basic features featured in the Alerts plan, Superman Pro gives you weekly video lessonsthat include a growing library of all previous lessons. In addition you’ll also have 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 looking 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 up and running. The platform offers three membership tiers that cater to traders with different levels. Let’s take a look at what these three are and how much they will cost you.
The Novice package is Profit.ly’s basic plan that is designed specifically for those who are new to the world of trading. As you sign up for this package, you will be immediately offered a range of strong and essential trading tools, each of them integral in keeping your fingers on what we call a competitive procedure in its own.
The list of features you can do with Profit.ly’s Novice program is the capability to check trades and track profits; leading, following, and even messaging your fellow traders, as well as providing feedback on trades today. You’re also allowed to get on leaderboards, analyze the results of your analysis, sort, or filter the trades you make and, lastly, view other people’s statistics.
The Novice plan costs $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, thus making your personal information public. If you’re looking to have an account with this option, you should stay tuned as we introduce to you Profit.ly’s next plan.
The Trader package lets you to take advantage of many of the features of the Novice plan. In this plan, that you are able to create a private profile for sharing with fellow associate users all your knowledge and knowledge you gain from the trading community.
The price is $49.95/month, Profit.ly’s Trader plan does what the name suggests catering for those looking to improve their trading skills. Although it’s a nice thing but there’s one important aspect that’s not included. Unlike the previous Novice package, you won’t be able view other traders’ stats this could be a disadvantage for those who are anticipating this level. Sub Penny Stock Screener
The Professional plan can be described as the most premium package that Profit.ly offers to experienced traders. With $74.95 each month which includes 22% off when billed annually This plan offers everything. You will have full, unrestricted access to all features of the previous plans combined.
You’re not only able to see other users’ stats, but you’re also given the chance to create a private profile. Both of these options, plus the other advantages you’ll be able to use to their fullest capacity. If you’re in search of an option that gives all the features you need to be a skilled trader, maybe the Pro plan is the right choice for you!
Profit.ly’s Other Services
In addition to the tools for training and leadersboards Profit.ly has a few more services it has to offer. One of those is its online store, which lets users pick from a range of video products designed to inform and guide you through the ins and outs of trading. Each of the offerings listed on this page of the website is available to be bought immediately for your personal use. These include best-selling products such as”Trading Tickers, “Trading Tickers” series by trading specialist Tim Grittani, Timothy Sykes’s collection of DVDs and streaming-only content on short stocking, penny stocking, and all other related to trading, videos and clips taken from events like the Annual Pennystocking Conference, and products from other expert traders.
The integrated chat rooms are also 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 messaging and social platforms, in addition to a few special websites that offer live chat assistance. But in Profit.ly, it is seen as a area where experts and member traders can communicate and exchange knowledge in real-time. Every guru has their own style in operating their chat room and in dealing with the members. One might be laid back and less active, while another may be more active and in touch with their students. Consider chat rooms as Profit.ly’s version of the forum in its essence.
Who is the Ideal Trader for Profit.ly?
Profit.ly’s wide range of products and features caters to 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 every person.
Newbies, for instance, will appreciate Profit.ly’s collection of educational materials available across the platform. Not only will they be provided with videos every week and chat room tips from the in-house experts and their members. They’ll also be able select from the products in its online store to carry with them wherever they may be. You can also get hands-on experience trading on the platform, but eventually, they will soon learn that this is a risky game that shouldn’t be taken as a joke.
For the traders with many years of experience down the road, we consider Profit.ly as equally as suitable to them as those who are just starting. Although the novices might not be as proficient in dealing with trading issues, the pros already understand how it works and the risky mix that come with it. It is ideal to use Profit.ly’s range of options to their maximum advantage to enhance their trading abilities. Like novices, they can study from the gurus and experts and utilize those short tips and tricks throughout the process.
Profit.ly’s “all-in” approach does not only apply to beginners and semi-experienced traders. Experts who have been verified can also participate in the excitement! Trade professionals who are at an equal level with Superman as well as Tim Sykes can also use Profit.ly’s capabilities. Profit.ly’s capabilities to display their expertise to other traders as a way to help guide them through the ever-illustrious trading process. Sub Penny Stock Screener
Profit.ly’s Pros and Cons
- Profit.ly’s many capabilities as a ‘one-stop’ stock trading platform enable traders from all over the world with an abundance of knowledge tools, communication, and trading tools
- You get to be taught by experts and insights from its internal experts, which include video libraries that teach you how to learn and real-time trading activities
- You’re assured of transparency throughout Profit.ly with precise analytics as well as fellow traders ready to call you out whenever something happens
- The leaderboard feature of the platform offers you the opportunity to increase your reputation as a reliable and dependable trader
- Apart from its core features, Profit.ly also gives its customers additional options to meet their needs, like posting unauthentic trades via photographs
- Profit.ly’s variety of packages and subscription levels are priced at affordable rates There is truly something for every person
- Profit.ly’s bountiful stream of products and packages offered might be too much for the majority of its customers
- Since traders can choose 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 overlooked.
- Profit.ly will not allow refunds, as its premium users are expected to immediately benefit from the many services that the platform can offer
The Final Concluding Question: Is Profit.ly Valued?
If we could think of an answer to this question, it would be an affirmative “yes”. But it is important to realize that the platform should not be used as a get-rich-quick scheme. The platform wasn’t originally designed to be used to achieve this goal. Instead, you need to have the ability to think with an open heart. Sub Penny Stock Screener
What we are referring to by ‘yes’ is that it is a fantastic learning tool. For those who are struggling, they might be able to find Profit.ly’s variety of resources helpful in their efforts to avoid losses and be more successful than before. It’s not only the struggling traders that will benefit from this platform. It is able to accommodate novices and even experts!
So, if you genuinely want to become more successful in trading and would like to be taught by your mentors and peers on the way, take a look at Profit.ly. Profit.ly is a fantastic choice to start.
FAQ Sub Penny Stock Screener
How can you make use of Profit.ly to post your trades?
Profit.ly includes an entry section for trades within the My Trade section of the dashboard. It lets you post your trades, verifiable or not. You may choose between three options:
- Linking your account with your brokerage of choice and importing the trades from that directly
- Manually inputting your trades with specified spaces and information.
- Send a screen shot of your trades
How do I know whether the trade can be verified or not?
If you buy your trade from a trusted brokerage, there is an excellent likelihood that it can be verified. This is shown by the blue check mark. If you post the information manually or via screenshots, it will automatically be assigned as unverified.
The disadvantage of an unauthentic trade is the chance of getting downvotes from your friends and colleagues. Too many downvotes may cause you to show up in the Madoff leaderboard, which is where the public can see who’s untruthful in submitting trades.
Are the Profit.ly mobile application still available?
As of this writing, Profit.ly is still available to download from 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 are using Profit.ly?
Profit.ly currently houses more than 150,000 investors and traders, since they’re not just trying to maximize profits but also help each other learn and improve in acquiring opportunities on the stock market all over the world.