Stock trading can be an extremely risky game. On certain days, you might be reaping the benefits of pleasing and positive numbers. On other days it could be the reverse and it could be extremely difficult to get back to the point you were at your peak. If you are always in the mud You will need be aware that relying solely 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. Additionally, you’ll require an important boost from trading partners from all over the globe, which is why we’ve identified an option that can help you to improve your performance in the industry. This review will take a look at Profit.ly, a well-recognized 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 Today Top 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 permits traders of various levels to be informative responsible, transparent, and uplifting with one another through its wide variety of tools and features such as chat rooms, trade verification as well as an extensive library of educational content.
What is Profit.ly?
Profit.ly is a trading website which serves as a learning and education platform for people who are just beginning their journey as well as a place for traders who are experienced to monitor their performance through the use of sophisticated analytics tools. Providing users with a wide variety of tools for communication and trade that help traders from all walks of life connect with one another. It also allows gurus to make an opportunity to invest in the right areas of the platform. Think of it as the social media equivalent like Facebook and Reddit but with a focus on experts and traders.
Profit.ly independently verifies trade performances and posts all the data from them in the form of leaderboards. The platform’s trading model is based on transparency and honesty: it ensures that the trades are authentic and won’t accept fake news as long as is humanly possible. It was established many years ago by penny stock trade expert and investment guru Timothy Sykes, along with fellow expert Michael Mosseri.
One time , during an interview for Forbes magazine, Sykes declared that Profit.ly was based “on showing all trades, something that has never been done before.” This idea Sykes said served two goals: 1.) keeping track of public data for all traders, not just the gurus, but also the newsletter authors and students, and 2) giving anyone on the platform to gain insight into the losses and wins to benefit the industry of trading. Today Top Penny Stock
How Does It How Does It
Profit.ly follows a subscription-based model that lets stock traders gain access to a multitude of features and services aimed toward the success of their business. You can create an account for free, but you’re limited to access to the leaderboard and follow the activities of people who aren’t gurus. If you’re looking to invest your money in order to find out what stocks the experts are trading in real-time it is necessary to join one of Profit.ly’s deals, which we will go over shortly.
Making an account easy: create an account with your experience and skills, join your brokerage account, and you have yourself a chance to shoot your way to at the very top of the list. Profit.ly’s leaders’ board feature as previously mentioned was designed to offer its users an insight into how the community of traders performs as well as its experts. It’s not just a way to prove value to a large group of traders, as you can also use Profit.ly to buy from a guru with the confidence that you are confident in their skills and the veracity of their claims.
If you’re not comfortable with the idea of divulging the details of your broker account you can choose to publish your trades, verified or otherwise, through screenshots. Included in Profit.ly are a variety of trading courses and the capability to see stats in a trader’s profile and other methods to connect with your gurus via chatrooms along with 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 involvement in trades in penny stocks. According to Investopedia Penny stock is a small business’s stock that trades for under $5 for each share. Penny stock trading can be seen as an opportunity for small businesses to transition to a large marketplace as it allows them to access money from the public. However, don’t get it wrong – it can also be a high-risk game, which Sykes is sure to reveal thanks to his years of experience.
From his beginnings in the latter years of High School, Tim Sykes has, since then, made more than $6 million in earnings throughout his illustrious career as trader. At the age of 25 Sykes was given more exposure and a wider reach of influence as a participant in the reality show “Wall Street Warriors.” He took advantage of it to develop trading rooms as well as penny stock themes and educational content geared toward those who are new to the trading field. He also played a role in establishing Profit.ly as a platform for transparency and to allow the community to rise and compete against each other through the platform.
The Profit.ly Gurus
One of Profit.ly’s most appealing features is the variety of educational tools, trade alerts and other useful stuff offered by the in-house experts of the platform. Gurus are referred to the trading experts who have earned substantial profits through their years of expertise. Today Top Penny Stock
At its peak, Profit.ly had housed up to five gurus. Each of them an expert in their niche in the field of trading. Some of the prominent experts were Connor Bruggermann, Nathan Michaud of Investors Underground, and Triforce, among a few others. At the time of writing there are only two gurus who remain on this platform: Founder as well as 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 the packaged offers each guru has to offer.
From Tim Sykes Tim Sykes
Sykes provides a basic stock trading service that focuses on penny stock day trading through Tim’s Alerts. The cost is $74.95 for a month you will observe him focus on basic stock catalysts and employ them to predict the next possible moves in trading.
A purchase on its own of Tim’s Alerts will get you access to the chatroom and the mobile app that’s available for iOS as well as Android devices; email, text and push alerts and a daily stock watchlist.
from Tim Sykes: The Pennystocking Silver Package
Pennystocking Silver is the highest-quality, upgraded version of the Tim’s Alerts package. Priced at $149.95 monthly, this is an ideal plan for those who are more involved in the penny-stock market. Pennystocking Silver includes all the basic features that were included in prior plans, including alerts for swing trading and access to a library of more than 7,000 instructional videos that are updated 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 swing trading professional with an eye for small-cap monumental stocks and crazy-accurate marketing forecasts. Through the years since when he first started trading, Superman has amassed over $5.5 million in total trading earnings. Today Top Penny Stock
The Superman Alerts plan is an offering of essential 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 and the mobile app, daily market commentary shown in real time, and SMS and e-mail alerts.
The film “Superman” Paul Scolardi: Superman Pro
For the price of $247, you receive additional features and access to a knowledgeable base that is provided by Superman himself via the Superman Pro package. In addition to the basic features featured in the Alerts plan, Superman Pro gives you daily video lessons, which include an ever-growing library of other previous ones. Additionally you’ll also gain access to premium research reports and an IPO or earnings monitor.
Profit.ly Programs and Costs
If you’re eager to join the trading community on the internet and leave your mark on the market, Profit.ly has the right amount of resources to get you started. Profit.ly offers three membership tiers that cater to traders with different levels. Let’s look at what the three levels are and what they will cost you.
Novice Plan
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 community. Once you have signed to this plan, you will be immediately provided with a variety of powerful and vital trading tools, each of them integral in keeping your fingers on what we could call a ruthless procedure in its own.
The list of features you can do using Profit.ly’s Novice package include the ability to confirm the results of your trades and track profit and follow-up, leading and even chatting with other traders; and providing feedback on trades today. You’re also allowed to get onto leaderboards; study, sort, as well as filter trades and, lastly, view other’s stats.
The Novice plan is $29.95 per monthly payment. While it may look attractive just by the price, there is a downside. You aren’t able to create a personal profile, thus making your actions public. If you do want to gain access to this feature, you should be watching for us to introduce to you Profit.ly’s new plan.
Trader Plan
The Trader package allows you to use the majority of features available in the novice plan. This plan allows that you are able to create an individual profile that allows you to share with fellow associate users all your knowledge and intel in trader’s community.
Priced at $49.95/month, Profit.ly’s Trader plan will do what the name implies caters people who want to develop their trading skills. While it’s nice, there is one significant aspect that’s not included. In contrast to the Novice package, you will not be able to see the statistics of other traders, which could be a problem for those looking forward to this tier. Today Top Penny Stock
Pro Plan
The Professional plan can be described as the highest premium package that Profit.ly could offer for seasoned traders. With $74.95 per month, which includes a 22% discount for billing annually This plan offers it all. It gives you full, unlimited access to all the features from the two prior plans.
Not only do you get to see other users’ stats, but you’re also given the chance to create an individual profile. Both of these options, on top of all the advantages that you can utilize to the fullest potential. If you’re looking for an account that will give all the features you need to be a skilled trader, maybe the Pro tier could be ideal for you!
Profit.ly’s Other Services
Apart from the provided trainer tools and Leaderboards Profit.ly provides a variety of more services it has to provide. One of those is its online store, where customers can choose from a wide array of videos designed to inform and provide guidance on the ins and outs of trading. All of the products featured on this page of the site can be bought immediately for your personal use. Some of these include bestsellers like”Trading Tickers, “Trading Tickers” series by trading specialist Tim Grittani, Timothy Sykes’s collection of DVDs, streaming-only content related to penny stocking, short stocking, and all other things trading-related, clips and clips from events like the Annual Pennystocking Conference, and products from other expert traders.
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Chat rooms integrated into Profit.ly are included in 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 real-time area where experts and member traders can communicate and learn in real time. Every guru has their own way in operating their chat room and in dealing with the members. One of them may be more laid back and less engaged, while another could be more interactive and online with their students. Consider chat rooms as Profit.ly’s version of a forum, in essence.
Who is the Ideal trader to Profit.ly?
Profit.ly’s variety of offerings and features cater to an array of stock trader types, from novices to experienced professionals. Given the wide range of options it offers it is certain to have something for everyone.
Beginners, for instance, can take advantage of Profit.ly’s knowledge-based materials available across the platform. In addition, they will get daily videos and chat room advice from its in-house gurus and members. They’ll also be able choose from the items in its online store for them to take wherever they go. Additionally, they can gain practical experiences by trading through the platform, but eventually they’ll realize that trading is a high stakes game that shouldn’t be treated as an amusing pastime.
For those traders who have had many years of experience down the road, we consider Profit.ly equally suitable for them as it is for people who are just beginning. Although the novices might not be as well-equipped with dealing with trading issues, the pros already understand the way it functions and the risky mix that come with it. In the ideal scenario, they can use Profit.ly’s array of options to their maximum advantage to develop their skills in trading. As beginners, they are able to learn from the top experts as well as experts, and take advantage of quick tips and tidbits throughout the process.
Profit.ly’s ‘all-together’ nature does not only apply to beginners as well as semi-seasoned traders. Verified experts can also join in the fun! Those in the trading industry who are on similar levels to Superman or Tim Sykes can also use up Profit.ly’s capabilities to showcase their expertise to other traders in order to assist them in the ever-changing trading process. Today Top Penny Stock
Profit.ly’s Pros and Cons
The Pros
- Profit.ly’s diverse capabilities as a ‘one-stop’ stock trading platform allows it to provide traders everywhere with a wealth of education communications, trading, and communication tools
- You’ll be taught by experts and insights from its in-house gurus, including libraries of educational videos and trading in real-time.
- You’re guaranteed transparency throughout Profit.ly with precise analytics as well as other traders who are ready to reach you out if something occurs.
- The leaderboard feature on the platform gives you the opportunity to increase your credibility as a trustworthy and verifiable trader
- Apart from its core capabilities, Profit.ly also gives its customers additional options to meet their individual preferences, for instance, posting trades that are not authentic by taking screenshots
- Profit.ly’s wide array of subscription levels and guru packages are priced at reasonable prices – there truly is something for all
The Cons
- Profit.ly’s abundance of products and packages offered might seem overwhelming for most of its customers
- If traders decide to make any type of trade, there is an opportunity that some them may take advantage by picking the most profitable trades to improve their ratings this could be a concern that should not be simply overlooked
- Profit.ly will not allow refunds, as the premium customers are expected to immediately take advantage of the numerous 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 yes. However, you must realize that it shouldn’t be treated as a quick-fix scheme to make money. The platform was not always designed to be used to achieve this goal. Instead, it is best to keep an open mind. Today Top Penny Stock
What we are referring to by ‘yes’ is that it can be a great learning tool. Those who may be stuck may be able to find Profit.ly’s array of resources helpful as they do their best to avoid losses and be more successful than before. It’s not only the struggling traders who will benefit from the platform. It is able to accommodate novices and even experts!
If you really care about being more successful in trading and would like to learn from your fellows and gurus on the way, take a look at Profit.ly. Profit.ly could be a good option to begin.
FAQ Today Top Penny Stock
What are the best ways to use Profit.ly to post your trades?
Profit.ly offers the option of allowing trade entries in the ‘My Trade section of the dashboard that allows you to post your trades, verifiable or not. There are three choices:
- Linking your account to the brokerage of choice and then importing transactions directly through there
- Manually entering your trades using specified spaces and information.
- Take a photo of your transactions
What can I do to determine if the trade is verifiable or not?
If you buy your trade through a reliable brokerage, there’s an excellent chance that it is verifiable. This is shown by the small blue check. If you upload it in a manual way or by taking images, it will be classified as unverified.
The disadvantage of an unauthenticated trade is the risk of getting downvotes from your colleagues. If you receive too many negative votes, it could result in you appearing in the Madoff leaderboard, which is where the public are able to identify who is fraudulent in posting trades.
Does the Profit.ly mobile app still in use?
As of this writing, Profit.ly is still available for download on 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 connected to Profit.ly?
Profit.ly currently houses over 150,000 traders and investors, as they not only are trying to maximize profits but also to help one another grow and learn more about acquiring stock market opportunities left and right.
