The stock market can be an extremely risky game. On certain days, you might enjoy the benefits of pleasing and positive numbers. However, on other days you may experience the opposite and it could be very difficult to return to where you were your most productive. If you’re immersed in the water, you will have to recognize that relying on your instincts and preserving is not always enough.
If you’ve experienced occasional losses You’ll need sound advice from tried-and-tested trading experts. Also, you’ll need an enormous boost from your fellow traders from around the globe. That’s why we’ve found an option that can help you in your improvement within the field. We’ll be taking 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. Do check out our article below, however, because it has a comprehensive overview of Profit.ly.
Total Rating: 4.1/5 Sub Penny Stock
Users Experience 4.5/5
Profit.ly can be described as an online platform for trading that permits traders of various levels to be informative, transparent, accountable, and encouraging each other by offering a wide array of tools and features including trade verification, chat rooms, and an enriched library of educational material.
How do I define Profit.ly?
Profit.ly is a trading website that serves both as a training and learning platform for traders 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. Providing users with a wide range of resources for trade and communication that help traders from all walks of life network with one another. It offers gurus with worthwhile investments within the confines of the platform. Think of it as a social media site akin like Facebook and Reddit but with a focus on professionals and traders.
Profit.ly independently validates trade performance and posts all the data from them in the form of leaderboards. The platform for trading is built on trust and transparency. it ensures that the trades are authentic and won’t allow for fraud as much as is humanly possible. It was founded in the past by penny stock trade expert and investment guru Timothy Sykes, along with fellow expert Michael Mosseri.
One time during his interview for Forbes publication, Sykes declared that Profit.ly was motivated by its focus “on showing every trade, something that has never been done before.” This idea Sykes said served two purposes: 1) making public records for everyone, not just the experts, but also the newsletter authors and students and secondly) allowing everyone on the platform to gain insight into both the wins and losses to benefit the industry of trading. Sub Penny Stock
How Does It Work?
Profit.ly utilizes a subscription model that lets stock traders have access to a range of services and features geared toward the success of their business. It is possible to create an account there for free, but you’re only given the capability to browse the leaderboard and follow the actions of non-gurus. If you’re ready to invest your money and see what stocks the experts are trading in real-time, you will need to sign up to one of Profit.ly’s offerings that we’ll discuss in the near future.
Setting up an account is easy: create a profile with your experiences and expertise, connect to your brokerage account and you have yourself the chance to climb your way to high on the leaderboard. Profit.ly’s leaders’ board feature as we’ve mentioned earlier was designed to offer its users a look at the performance of the trading community as well as its gurus. It’s not only a chance to demonstrate value to a group of traders, but you can also use Profit.ly to purchase with a guru, and have the assurance that you’re comfortable of their knowledge and the legitimacy of their claims.
If you are unsure about the idea of divulging your brokerage account, you can opt to post your trades, either verified or otherwise, through photographs. In Profit.ly is the huge selection of trading courses as well as the ability to look at statistics on a person’s profile as well as other ways to connect with your gurus via chatrooms along with email and text alerts as well as updates.
Meet the Founder: Tim Sykes
Timothy Sykes is a well-renowned day trading personality who is famously known for his involvement in penny stock trading. According to Investopedia the term “penny stock” is a small business’s shares that trade for less than $5 per share. The trading of penny stocks is an avenue for small companies to move to a market that is larger as it allows them to access funds from the public. However, don’t get it wrong – it’s also an extremely risky activity, as Sykes can surely tell because of his decades of expertise.
Since his initial beginnings in the latter years of High School, Tim Sykes has, since then, earned more than $6 million in profit during his long and successful career as a trader. At the age of 25, he had been given greater exposure and a larger reach of influence when he became part of the reality series “Wall Street Warriors.” He took advantage of it to create trading rooms as well as penny stock themes and educational content geared toward people who are brand new to trading. He also played a role in establishing Profit.ly as a place for transparency and for the community to uplift and compete with each other on the platform.
The Profit.ly Gurus
One of Profit.ly’s amazing features is the vast array of educational tools, trade alerts as well as other useful information provided by the in-house experts of the platform. Gurus are referred to the experts in trading who have proven to make substantial profits through their years of expertise. Sub Penny Stock
At its height, Profit.ly had housed up to five gurus, each of them an expert within their particular field in the trading industry. Some of the most famous gurus included Connor Bruggermann, Nathan Michaud of Investors Underground, and Triforce, among a few others. As of this writing, only two gurus remain on this platform: the 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 take a look at what packaged deals each guru offers.
From Tim Sykes Tim Sykes: Tim’s Alerts
Sykes provides basic stock trading services which focuses on penny stock day trading through Tim’s Alerts. At $74.95 for a month you’ll see him focus on the basic stock catalysts and employ them to predict the next possible moves in trading.
A purchase on its own in Tim’s Alerts will get you access to the chatroom and the mobile app available for iOS as well as Android devices, text, e-mail 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 program. Priced at $149.95 per month, this is an ideal plan for those who are more involved in investing in penny stocks. Pennystocking Silver includes all the basic features found in prior plans, which includes swing trading alerts as well as unlimited access to a rich library of over 7,000 educational videos that are updated weekly.
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 tiny-cap massive stocks as well as wildly accurate marketing forecasts. Through the years since the time he started trading, Superman has amassed over $5.5 million in trading profits. Sub Penny Stock
The Superman Alerts plan is an package of vital features and trading alerts targeted to those interested. For $147 per month, you’ll gain access to the daily premarket stock watchlist along with the mobile app, the daily market commentary shown in real time, and email and SMS alerts.
The film “Superman” Paul Scolardi: Superman Pro
For the price of $247, you receive additional features, as well as access to the extensive knowledge base that is provided by Superman himself, via the Superman Pro package. Alongside the standard features featured in the Alerts package, Superman Pro gives you weekly video lessonsthat include a growing library of all other previous ones. Additionally you’ll also have access to premium research reports as well as the 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 market, Profit.ly has the right amount of tools to get you started. The platform offers three membership levels, each designed for traders of different levels. Let’s look at what the three are and how much they’ll cost you.
This package for novices is Profit.ly’s beginning-of-the-line plan specifically for those who are just beginning their journey to the trading world. Once you have signed up for this plan you’ll be given a slew of robust and essential trading tools, each one of them essential in keeping your fingers on what we can describe as a cutthroat procedure in its own.
Some of the features you can accomplish with Profit.ly’s Novice package is the capability to check trades and track profits as well as leading, following and even chatting with your fellow traders; and leaving feedback on today’s trades. You can also get on leaderboards; analyze your trades, sort and filter your trades and, lastly, view other people’s statistics.
The Novice plan costs $29.95 per monthly payment. While it may look attractive simply because of the price, there is a downside. You can’t create a private profile, which makes your actions public. If you do want to gain the benefit of this service, stay tuned as we introduce to you Profit.ly’s next strategy.
The Trader Plan
The Trader package allows you to use a majority of features from the novice plan. It is in this plan that you can set up an individual profile that allows you to share with other associate users all the insights and knowledge you gain from this trading group.
Costing $49.95/month, Profit.ly’s Trader plan is exactly what it says: Cater to those who desire to improve their expertise in trading. While it’s nice however, there’s a crucial element that’s missing. In contrast to the Novice package, you will not be able view other traders’ stats this might be a drawback for those who are looking forward to this tier. Sub Penny Stock
The Pro plan is the highest expensive plan Profit.ly offers to experienced traders. It costs $74.95 per month, and 22% off when billed annually the Pro plan has it all. You get full, no-holds-barred access to all the features from the two prior plans.
In addition, you’ll be able to see other users’ stats and data, but you also have the opportunity to create a private profile. These two features are on top of all the advantages you’ll be able to use to the fullest potential. If you’re looking for a plan that can serve you with everything you require as an experienced trader, the Pro plan is ideal for you!
Profit.ly’s Other Services
In addition to the tools for training and Leaderboards Profit.ly provides a variety of more services it has to provide. One of them is the online store, where customers can pick from a range of video products created to provide guidance on the ins and outs of trading. Each of the offerings listed in this section of the website can be purchased immediately for personal use. These include best-selling products like”Trading Tickers, “Trading Tickers” series by trader professional Tim Grittani, Timothy Sykes’s collection of DVDs and streaming-only content about penny stocking, short stocking, and all other things trading-related, clips and footage taken from events like the Annual Pennystocking Conference, and products from other expert traders.
The integrated chat rooms are as well part of Profit.ly’s range of services and features. You’re probably familiar with the concept of the chat room since you will see it on social and messaging platforms, in addition to a few special websites that provide live chat support. However, in Profit.ly it’s seen as a space where experts and their members trade and exchange knowledge in real-time. Every guru has their own style in running their chat rooms and in dealing with the members there. Some may be more laid back and rarely engaged, while another could be more active and in touch with their students. Think of chat rooms like 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 are geared towards an array of stock traders, 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 enjoy Profit.ly’s library of learning content offered throughout the platform. Not only will they get daily videos and chat room tips from the in-house experts as well as their members. Additionally, they can pick from the merchandise available on its store online for them to take wherever they travel. You can also get hands-on experiences by trading through the platform, however they’ll realize that the process 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 line, we see Profit.ly equally suited for them as it is for people who are just beginning. While the newbies may not be as proficient in dealing with trading issues, the pros already understand how it works along with the risky mix associated with it. It is ideal to utilize Profit.ly’s range of features to their best advantage to develop their trading skills. Like novices, they can study from the gurus as well as experts, and take advantage of simple tips and hints along the way.
Profit.ly’s “all-inclusive” nature does not only apply to beginners as well as semi-seasoned traders. Verified experts can also join in the fun! Trade professionals who are on the same level as Superman or Tim Sykes can also use Profit.ly’s capabilities. Profit.ly’s capabilities to display their skill to others as a way to help guide them through the ever-illustrious trading process. Sub Penny Stock
Profit.ly’s Pros and Pros and
- Profit.ly’s numerous capabilities as a “one-stop” stock trading platform allows traders across the globe with tons of learning tools, communication, and trading tools
- You’ll be taught by experts and advice from the company’s inside experts, as well as video libraries that teach you how to learn and live trading activity.
- You can be sure of complete transparency through Profit.ly with accurate analytics as well as fellow traders that are waiting to reach you out whenever something happens
- The platform’s leaderboard feature gives you the chance to establish your credibility as a trustworthy and dependable trader
- In addition to its primary features, Profit.ly also gives its customers extra options that can be tailored to their individual preferences, for instance, posting trades that are not authentic by taking screenshots
- Profit.ly’s diverse range of subscription plans and guru packages are priced at reasonable prices – there truly is something for every person
- Profit.ly’s bountiful stream of packages and services offered could be too much for most of its users
- If traders decide to open any kind of trade, there’s the possibility that some of them could profit from cherry-picking the best trades to boost their rating This could be a concern that should not be simply overlooked
- Profit.ly will not allow refunds as its premium users are expected to immediately benefit from the many features the platform is able to provide
The Final Concluding Question is: Is Profit.ly Worth It?
If we could come up with the answer, it would be a ‘yes’. But you need to understand that the platform should not be used as a quick-fix scheme to make money. The platform wasn’t originally intended to be created for this reason. Instead, you should have an open mind. Sub Penny Stock
What we do mean”yes” is that it can be a great learning tool. People who are stuck may be able to find Profit.ly’s array of resources useful when they try their best to avoid losses and be more successful than before. It’s not just the poor traders that can profit from the platform. It can accommodate beginners and even experts!
If you truly care about being more successful in trading and would like to learn from your fellows and gurus on the way, you should look no further than Profit.ly. Profit.ly may be a great option to begin.
FAQ Sub Penny Stock
How do you use Profit.ly to publish your trades?
Profit.ly has the option of allowing trade entries in the ‘My Trade section of the dashboard. It allows you to post your trades, either verified or not. There are three options:
- Linking your account to the brokerage of choice and importing the trades from that directly
- Manually entering your trades using provided spaces and specifics
- Send a screen shot of your trades
What can I do to determine whether the trade is authentic or not?
If you import your trade through a reliable brokerage, there is the likelihood that it can be verified. This is evident by the small blue check. If you upload it in a manual way or by taking pictures, it will be classified as unverified.
The downside of having an unauthenticated trade is the risk of getting downvotes from your friends and colleagues. If you receive too many negative votes, it could cause you to be listed on the Madoff leaderboard, where users can detect who’s being dishonest in posting trades.
Is the Profit.ly mobile application still available?
As of this writing, Profit.ly is still available to download via the Apple App Store and on the Google Play store. The mobile app version is compatible with most functioning tablets and smartphones.
How many people are currently on Profit.ly?
Profit.ly is currently home to over 150,000 investors and traders, since they’re not just trying to maximize profits but also to help one another learn and improve in acquiring stock market opportunities left and right.