Stock trading is an exciting game with high stakes. On some days, you may be reaping the benefits of positive and satisfying 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 find yourself constantly stuck in the gutter You will need be aware that relying solely on instinct and survival is not always enough.
If you’ve experienced occasional losses, you’re gonna be needing solid advice from seasoned and tested trading experts. Also, you’ll need a significant boost from your trading partners from all over the world, which is why we’ve found a platform that can support you in your improvement within the field. We’ll be taking a 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 Tesla Penny Stock
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 allows traders of various levels to be knowledgeable and accountable, as well as transparent and encouraging each other through its broad variety of tools and features like trade verification, chat rooms as well as an extensive library of educational material.
What is Profit.ly?
Profit.ly is a trading site which serves as a learning and training platform for traders who are starting out and also as a platform for traders with experience to keep track of their performance through the use of advanced analytics tools. Providing users with a wide range of resources for communication and trade, it helps traders from all walks of life network with each other. It gives the gurus worthy investments within the boundaries of the platform. Think of it as the social media equivalent like Facebook and Reddit but with a focus on traders and experts.
Profit.ly independently checks the performance of trades and posts all the data of them in the manner of leaderboards. The trading platform is built on honesty and transparency: it ensures that the trades are valid and won’t accept fake news as long as is humanly possible. It was established in the past by penny expert in stock trading and investment guru Timothy Sykes, along with his colleague Michael Mosseri.
In an appearance in Forbes magazine Sykes said that Profit.ly was driven by its focus “on the transparency of every trade, something that has never been prior to.” This idea, he added, served two purposes: 1) making public records for not just the gurus and newsletter authors and students, and 2) giving everyone on the platform to gain insight into the losses and wins to the benefit of the trading industry. Tesla Penny Stock
How Does It Perform?
Profit.ly follows a subscription-based model which allows stock traders to have access to a range of features and services aimed towards achieving success. You can create an account on the site for free, but you’re limited to the capability to browse the leaderboards and monitor the activities of people who aren’t gurus. If you’re looking to invest your money and see which stocks the gurus are trading in real time, you will need to subscribe to any of Profit.ly’s offers, which we will review in the coming days.
Making an account easy: create an account that includes your personal information and expertise, connect your brokerage account, and you have yourself a chance to shoot through high on the leaderboard. Profit.ly’s Leaderboard function, which was we’ve mentioned earlier was designed to offer its users a glimpse of how the community of traders performs and its gurus. It’s not only a chance to prove value to a large group of traders, but you can also utilize Profit.ly to shop with a professional with the assurance that you’re confident in their skills and the veracity of their assertions.
If you’re not comfortable with the concept of leaking information about your account with a brokerage, you may choose to publish your trades, verified or not, via pictures. Also included in Profit.ly are a variety of trading courses and the capability to see the stats of a trader’s account and other methods to connect with your gurus in the chatroom, as well as notifications via email or text 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 well-known for his involvement in trades in penny stocks. According to Investopedia, a penny stock refers to a small company’s stock which trades at just less than 5 cents per share. The trading of penny stocks can be seen as an avenue for small businesses to transition to a market that is larger as it gives them access to funds from the public. But don’t make the mistake of thinking that it can also be an extremely risky activity, as Sykes can surely tell thanks to his years of expertise.
From his beginnings in his late years in high school, Tim Sykes has, since then, earned over $6 million of earnings throughout his illustrious career as a trader. At the age of 25 Tim Sykes had received greater exposure and an even wider influence over time as a participant in the reality TV show “Wall Street Warriors.” He then made use of the show to develop trading rooms, penny stock themes, as well as educational content targeted at those who are new to trading. He also helped establish Profit.ly as a place of openness, and for the community to uplift and compete with each other through the platform.
The Profit.ly Gurus
One of Profit.ly’s most appealing features is the variety of educational sources, trade alerts and other helpful stuff provided by the in-house experts of the platform. These gurus refer to the trading experts who have earned significant amounts of profit from their combined years of knowledge. Tesla Penny Stock
At its height, Profit.ly had housed up to five gurus, each 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 among others. As of this 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. In light of that Let’s look at the packaged offers each guru can offer.
From Tim Sykes Tim Sykes
Sykes provides a basic stock trading service which focuses on penny stock day trading through Tim’s Alerts. At $74.95 per month, you will be able to see him concentrate on the basic stock catalysts and employ them to forecast the next moves that could occur when trading.
A purchase on its own 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 that has been upgraded of the Tim’s Alerts package. At $149.95 for a month this is an ideal plan for those who are more committed to the penny-stock market. Pennystocking Silver comes with all the standard features of earlier plans including swing trading alerts as well as unlimited access to a rich library of over 7,000 educational videos that are updated weekly.
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The following video is from “Superman” Paul Scolardi: Superman Alerts
Scolardi who goes under the name “Superman,” is a professional in swing trading with an eye for both small-cap monumental stocks and crazy-accurate marketing forecasts. Since he began as a trader, Superman has amassed over $5.5 million in trading profits. Tesla Penny Stock
The Superman Alerts package is his offering of essential features and trading alerts geared to those interested. For $147/month, you’ll get an access to the day-to-day premarket stock watchlist along with the mobile app, daily market updates in real-time, and email and SMS alerts.
In “Superman” Paul Scolardi: Superman Pro
For $247 per month, you can enjoy additional features, plus access to a knowledgeable base provided by Superman himself, via the Superman Pro package. In addition to the basic features included in the Alerts plan, Superman Pro gives you daily video lessons, which include the growing collection of the previous ones. In addition you’ll also have access to premium research reports and an IPO and earnings tracker.
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 help you up and running. Profit.ly offers three membership tiers that cater to traders with different levels. Let’s look at what the three are and how much they’ll 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 world. As you sign to this plan, you will be immediately given a slew of robust and vital trading tools, each of which is essential to keep your hands on what we could call a ruthless procedure in its own.
The list of features you can accomplish using Profit.ly’s Novice program is the ability to verify trades and track profits; leading, following, and even messaging your fellow traders; and giving feedback on the trades of today. It also allows you to be on leaderboards, analyze the results of your analysis, sort, or filter the trades you make; and, finally, see the statistics of other traders.
The Novice plan costs $29.95 per monthly payment. While it may look attractive for the price alone however, there’s a drawback. You can’t create a private account, making your personal information public. If you’re interested in get access to this feature, keep an eye on us as we present to you Profit.ly’s new plan.
Trader Plan
The Trader plan allows you to take advantage of a majority of features from the Novice plan. This plan allows that you can create an individual profile that allows you for sharing with fellow associates all your insights and knowledge you gain from this trading group.
Priced at $49.95/month, Profit.ly’s Trader plan does what the name suggests catering people who want to develop their skills in trading. Although it’s a nice thing however, there’s a crucial feature that is missing. In contrast to the Novice package, you won’t be able to see other traders’ statistics this could be a disadvantage for those who are eager to try this new tier. Tesla Penny Stock
Pro Plan
The Professional plan can be described as the highest premium package that Profit.ly offers to experienced traders. With $74.95 monthly, and an additional 22% discount when billed annually, this tier has everything. You get full, no-holds-barred access to all features from the two previous plans combined.
Not only do you get to look at other people’s statistics 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 an option that gives you everything you need as trader with experience, 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 other services they offer. One of those is its online store, where customers can choose from a wide array of video products created to guide you through the nuances and pitfalls of trading. The products listed on this page of the website can be purchased immediately for personal use. Some of these include bestsellers such as”Trading Tickers, “Trading Tickers” series by trader specialist 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 clips of the Annual Pennystocking Conference, and other products by expert traders.
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The chat rooms that are integrated are also part of Profit.ly’s array of features and services. You may be familiar with the chat room since you will see it on social and messaging platforms as well as some specialty websites that offer live chat assistance. But in Profit.ly the chat room is viewed as a space where experts and their member traders can communicate and learn in real time. Every guru has their own style in running their chat rooms and in dealing with the members there. Some may be a laid-back person who is rarely active, while another might be more interactive and online to their pupils. Consider chatrooms as Profit.ly’s version of a forum, in the essence.
Who is the Ideal trader to Profit.ly?
Profit.ly’s wide range of products and features caters to an array of stock traders, ranging from novices to the most experienced. With the variety of deals it has to offer this platform definitely has something for everyone.
Newbies, for instance, will appreciate Profit.ly’s collection of educational content offered throughout the platform. In addition, they will get daily videos and chat room tips from its in-house gurus as well as their members. Additionally, they can pick from the merchandise available 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 this is a high stakes game that shouldn’t be taken as an amusing pastime.
For the traders with years of exposure down the road, we consider Profit.ly as equally as suitable for them as it is for people who are just beginning. While novice traders may not be as well-equipped with managing trading however, experienced traders know how it works along with the stack full of risks that come with it. In the ideal scenario, they can make use of Profit.ly’s array of options to their maximum advantage to improve their skills in trading. Like novices, they can learn from the experts and experts , and use those quick tips and tidbits along the way.
Profit.ly’s “all-in” approach does not only apply to beginners and semi-experienced traders. Certified experts can also take part in the enjoyment! Trade professionals who are at an equal level with Superman as well as Tim Sykes can also use up Profit.ly’s capabilities to display their skill to others in order to guide them through the ever-illustrious trading process. Tesla Penny Stock
Profit.ly’s Pros and Cons
The Pros
- Profit.ly’s numerous capabilities as a “one-stop’ stock trading platform enable it to provide traders everywhere with a wealth of education, communication, and trading tools
- You get to receive excellent training and tips from the internal experts, which include video libraries that teach you how to learn and live trading activity.
- You’re assured of transparency throughout Profit.ly by using accurate data as well as other traders who are ready to reach you when something goes wrong.
- The leaderboard feature on the platform gives you the opportunity to increase your reputation as a reliable and dependable trader
- In addition to its primary abilities, Profit.ly also gives its users extra options to suit their preferences, such as posting unauthentic trades via screenshots
- Profit.ly’s variety of packages and subscription levels are priced at a reasonable cost There’s something for everyone
The Cons
- Profit.ly’s abundance of packages and services offered could be too much for the majority of its customers
- Since traders can choose to post any kind of trade, there’s an opportunity that some them could profit from selecting the best trades in order to boost their rating this could be a concern that should not be simply overlooked
- Profit.ly does not accept refunds, as the premium customers are expected to instantly take advantage of the numerous services that the platform can provide
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The Final Concluding Question The Final Verdict: Is Profit.ly Valued?
If we were able to come up with an answer to this question, it would be a ‘yes’. But you need to understand that it shouldn’t be treated as a get-rich-quick scheme. The platform wasn’t originally designed to be used for this reason. Instead, you should have an open mind. Tesla Penny Stock
What we are referring to”yes” is it could be a useful learning tool. Those who may be stuck might discover Profit.ly’s array of resources useful when they try their best to incur lesser losses and perform better than they did before. Not only poor traders that can benefit from the platform. It can accommodate beginners and even experts!
So, if you genuinely desire to be better at trading and wish to be taught by your fellows and gurus along the way, then take a look at Profit.ly. Profit.ly is a fantastic option to begin.
FAQ Tesla Penny Stock
How can you make use of Profit.ly to publish your trades?
Profit.ly includes the option of allowing trade entries within the ‘My Trade category on the dashboard that lets you post your trades that are verified or not. There are three choices:
- Linking your account with your broker of choice and import transactions directly through there
- Manually entering your trades into specified spaces and information.
- Send a screen shot of your trades
How do I know if the trade is verifiable or not?
If you import your trade through a reliable brokerage, there’s the probability that it’s verifiable. This is evident by the blue check mark. If you submit it manually or through images, it will be assigned as unverified.
The drawback of posting an unverified trade is the chance of receiving negative feedback from friends and colleagues. Too many downvotes may cause you to show up in the Madoff leaderboard, where people are able to identify who is dishonest in posting trades.
Does the Profit.ly mobile app still in use?
As of the moment, Profit.ly is still available to download from the Apple App Store as well as on the Google Play store. The mobile version of the app works with all functioning tablets and smartphones.
How many people are currently connected to Profit.ly?
Profit.ly is currently home to over 150,000 traders and investors, since they’re not just looking to earn maximum profits but also help each other learn and improve in acquiring opportunities on the stock market left and right.
