The stock market can be an exciting game with high stakes. On certain days, you may be reaping the benefits of positive and satisfactory numbers. On other days, however it could be the reverse and it can be very difficult to return to where you were your peak. If you’re constantly stuck in the gutter You will need be aware that relying solely on your instincts and preserving might not be enough.
If you’ve been incurring loss from time to time, you’re gonna be needing sound advice from tried-and-tested trading experts. Additionally, you’ll require a significant boost from your fellow traders from around the globe. That’s why we’ve found an online platform that will help you in your improvement within the field. We’ll take an in-depth look at Profit.ly A well-respected all-in-one 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. To get a comprehensive overview of Profit.ly, you may still want to check out our article below.
Total Rating: 4.1/5 Top 10 Penny Stock List
Value: 4.1/5
Quality: 4.1/5
Costs: 4.1/5
The User’s Experience 4.5/5
Summary
Profit.ly is an online trading platform that allows traders of various levels to be knowledgeable responsible, transparent, and uplifting with each other through its broad variety of tools and features like chat rooms, trade verification and a rich library of educational material.
What is Profit.ly?
Profit.ly is a site for trading that functions as a learning and education platform for people new to trading and as a hub for traders with experience to keep track of their performance using the aid of cutting-edge analytics tools. Offering users a broad variety of tools for communication and trade and letting traders from all walks of life connect with one another. It offers gurus with worthy investments within the boundaries of this platform. Consider it the social media equivalent to Facebook and Reddit however it is geared towards experts and traders.
Profit.ly independently validates trade performance and then publishes the information from them in the style of leaderboards. The platform for trading is built on trust and transparency. it makes sure that trades are authentic and won’t tolerate inauthenticity as much as is humanly possible. It was created in the past by penny expert in stock trading and investment expert Timothy Sykes, along with the other expert Michael Mosseri.
In an appearance in Forbes magazine Sykes stated that Profit.ly was driven by its focus “on the transparency of the entire spectrum of trades, something which was never done before.” The concept was, he said, serving two purposes: 1) keeping track of public data for not just the gurus as well as newsletter authors and students, and 2) giving everyone on the platform to be enlightened by both losses and wins to benefit the industry of trading. Top 10 Penny Stock List
How Does It How Does It
Profit.ly utilizes a subscription model which allows stock traders to gain access to a multitude of features and services aimed toward the success of their business. You may set up an account at no cost, however you’re limited to the capability to browse the leaderboard and follow the activities of non-gurus. If you’re ready to invest your money in order to find out which stocks the gurus are trading in real-time it is necessary to join one of Profit.ly’s offerings, which we will discuss in the near future.
The process of opening an account is simple: Create a profile with your experiences and skills, join to your brokerage account and you’ll be given an opportunity to make through high on the leaderboard. Profit.ly’s leaders’ board feature as we’ve mentioned earlier, is designed to give its users a look at how the community of traders performs and its gurus. It’s not only a chance to prove your worth to a large group of traders, but you are also able to use Profit.ly to purchase with a professional with the confidence that you are confident in their skills and the veracity of their assertions.
If you feel uneasy with the concept of leaking information about your account with a brokerage, then you could opt to post your trades, either verified or otherwise, through photographs. Included in Profit.ly are the vast number of trading classes as well as the ability to look at stats in a trader’s profile and other methods to connect with your gurus via chatrooms as well as email and text alerts as well as updates.
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Meet the Founder: Tim Sykes
Timothy Sykes is a well-renowned day trader who has been famously known for delving his hands into the penny-stock market. According to Investopedia Penny stock refers to a small company’s stock which trades at under $5 for each share. The trading of penny stocks can be seen as a stepping stone 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 an extremely risky game, as Sykes is sure to reveal thanks to his years of experience.
From his beginnings in his late years in the high schools, Tim Sykes has, since then, earned more than $6 million in profits through his lengthy career as a trader. At 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, penny stock themes, and educational content geared toward people who are brand new to the trading field. He also played a role in establishing Profit.ly as a platform for transparency and for the community to lift each other up and compete against each other through the platform.
The Profit.ly Gurus
One of Profit.ly’s amazing features is the wide range of learning sources, trade alerts and other helpful stuff provided by the platform’s in-house gurus. These gurus refer to experts in the field of trading who have earned significant amounts of profit through their years of knowledge. Top 10 Penny Stock List
At its height, Profit.ly had housed up to five gurus, each of them a professional within their particular field in the trading industry. Some of the most prominent experts were Connor Bruggermann, Nathan Michaud of Investors Underground, and Triforce as well as a handful of others. As of this writing, however, 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 take a look at what packaged deals each guru can offer.
From Tim Sykes: Tim’s Alerts
Sykes offers an essential stock trading service which focuses on penny-priced day trading with Tim’s Alerts. The cost is $74.95 monthly, you will see him focus on the fundamental catalysts for stocks and utilize them to predict the next possible moves in trading.
A standalone purchase from Tim’s Alerts will get you access to the chatroom as well as the mobile app that’s available for iOS and Android devices, as well as email, text, and push alerts; as well as a daily watchlist of stocks.
from Tim Sykes: The Pennystocking Silver Package
Pennystocking Silver is the highest-quality version that has been upgraded of the Tim’s Alerts program. At $149.95 per month, this is a great option for investors who are invested in penny stock trading. Pennystocking Silver offers all the essential features found in the previous plan, such as alerts for swing trading and access to an extensive library of more than 7,000 instructional videos and new videos released weekly.
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From “Superman” Paul Scolardi: Superman Alerts
Scolardi, who goes by the alias “Superman,” is a swing trading professional with an eye for massive stocks of the small-cap size and insanely accurate marketing forecasts. In the time since when he first started trading, Superman has amassed over $5.5 million in trading profits. Top 10 Penny Stock List
The Superman Alerts plan is his package of vital features and alerts on trading geared towards those who might be interested. For just $147 per month, you’ll have access daily premarket stock watchlist as well as the mobile app, daily market updates in real time, and email and SMS alerts.
From “Superman” Paul Scolardi: Superman Pro
For the price of $247, you receive additional features, as well as access to an extensive base of knowledge provided by Superman himself via his Superman Pro package. In addition to the basic features included in the Alerts package, Superman Pro gives you daily video lessons, which include a growing library of all other previous ones. On top of that you’ll also gain access to premium research reports and the IPO or earnings monitor.
Profit.ly Plans 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 resources to help you started. The platform offers three membership tiers, each designed for traders at different levels. Let’s break down what these 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 world of trading. Once you have signed up for this plan you’ll be offered a range of strong and vital trading tools, all of them integral in keeping your hands on what we could call a ruthless process in and of itself.
The list of features you can accomplish using Profit.ly’s Novice package is the ability to verify trades and track profits and follow-up, leading, and even messaging your fellow traders; and giving feedback on the trades of today. You’re also allowed to get on leaderboards, analyze your trades, sort as well as filter trades; and, finally, see other’s stats.
The Novice plan costs $29.95 per month. While it may look attractive just by the price however, there’s a drawback. You can’t create a private profile, thus making your personal information public. If you’re interested in gain the benefit of this service, you should keep an eye on us as we present to you Profit.ly’s next plan.
Trader Plan
The Trader plan allows you to use the majority of features available in The Novice package. It is in this plan that you are able to create an account that is private to share with other associate users all your knowledge and intel in trader’s community.
Priced at $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 but there’s one important element that’s missing. Unlike the previous Novice package, you won’t be able to see other traders’ stats this could be a problem for some who may be eager to try this new tier. Top 10 Penny Stock List
Pro Plan
This is by far the most luxurious package Profit.ly could offer for seasoned traders. It costs $74.95 each month and an additional 22% discount for billing annually the Pro plan has everything. You get full, no-holds-barred access to all features from the two previous plans combined.
You’re not only able to view other people’s stats as well, you’re also offered the option of creating your own private profile. Both of these features, in addition to the benefits that you can use to the fullest potential. If you’re looking for an option that gives you everything you need as a skilled trader, maybe the Pro plan is the right choice for you!
Profit.ly’s Other Services
In addition to the training tools and the Leaderboards Profit.ly has a few more services it has to provide. One of those is its online store, which allows users to pick from a range of instructional videos that are designed to inform and help you understand the ins and outs of trading. The products listed in this section of the site can be immediately purchased for personal use. These include best-selling products like”Trading Tickers, “Trading Tickers” series from trading professional Tim Grittani, Timothy Sykes’s collection of DVDs and streaming-only content on short stocking, penny stocking, and all other aspects of trading. There are also clips and scenes of the Annual Pennystocking Conference, and products from other expert traders.
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The integrated chat rooms are included in Profit.ly’s range of features and services. You’re probably familiar with the concept of the chat room as you can find it throughout messaging and social platforms, in addition to a few special websites that provide live chat assistance. But in Profit.ly, it is seen as a place where gurus and their members can interact and share knowledge in real-time. Every guru has their own way when it comes to running their chat room and dealing with the members there. One might be more laid back and less engaged, while another could be more online and communicative with their students. Think of the chatrooms as 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 are geared towards an array of stock traders, ranging from novices to the most experienced. With the variety of deals it offers, the platform surely has something for every person.
Newbies, for instance, can take advantage of Profit.ly’s knowledge-based content offered throughout the platform. In addition, they will be provided with videos every week and chat room advice from the in-house experts as well as their members. Additionally, they can select from the products in its online store for them to take wherever they may be. They can also gain hands-on experiences from trading within the platform, but eventually they’ll be able to realize that trading is a high stakes game that shouldn’t be treated as an opportunity to make fun of.
For the traders with decades of experience in the road, we consider Profit.ly as equally as suitable for them as it is for those who are just starting. Although the novices might not be as adept at managing trading however, experienced traders know how it works and the plethora of risks that come with it. In the ideal scenario, they can utilize Profit.ly’s range of features to their best advantage to improve their skills in trading. Like beginners, they can learn from the top experts and experts and utilize those quick tips and tidbits to help them along.
Profit.ly’s “all-inclusive” nature isn’t limited to novices as well as semi-seasoned traders. Experts who have been verified can also participate in the excitement! People in the trade industry who are on an equal level with Superman and Tim Sykes can also use up Profit.ly’s capabilities to showcase their expertise to other traders as a way to guide them through the ever-illustrious trading process. Top 10 Penny Stock List
Profit.ly’s Pros and Cons
The Pros
- Profit.ly’s many capabilities as a ‘one-stop’ platform for trading stocks allows it to provide traders everywhere with tons of learning, communication, and trading tools
- You get to be provided with excellent lessons and insights from its in-house gurus, including collections of educational videos as well as live trading activity.
- You’re guaranteed transparency throughout Profit.ly with accurate analytics and fellow traders ready to call you when something goes wrong.
- The leaderboard feature of the platform offers you the chance to establish your credibility as a trustworthy and authentic trader
- In addition to its primary abilities, Profit.ly also gives its customers additional options to meet their preferences, such as posting unauthentic trades via images
- Profit.ly’s variety of packages and subscription levels are priced at reasonable prices – there truly is something for every person
The Cons
- Profit.ly’s bountiful stream of products and packages offered might not be enough for the majority of its users
- If traders decide to post any kind of trade, there is the possibility that some of them could profit from selecting the best trades in order to boost their rating This could be a risk that shouldn’t be simply overlooked
- Profit.ly will not allow refunds because the premium customers are expected to immediately take advantage of the numerous features the platform is able to provide
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The Final Concluding Question is: Is Profit.ly worth it?
If we were able to come up with an answer to this question, it’s yes. But you need to understand that the platform should not be used as a scheme to get rich quick. The platform wasn’t originally meant to be designed for this reason. Instead, you need to have the ability to think with an open heart. Top 10 Penny Stock List
What we do mean”yes” is that it could be a useful learning tool. For those who are struggling, they could discover Profit.ly’s variety of resources to be helpful as they do their best to reduce losses and be more successful than they did before. Not only struggling traders that will benefit from the platform. It can accommodate beginners and even experts!
If you really want to become better at trading and wish to be taught by your mentors and peers along the way, then look no further – Profit.ly is a fantastic choice to start.
FAQ Top 10 Penny Stock List
What are the best ways to use Profit.ly to post your trades?
Profit.ly includes the option of allowing trade entries under the ‘My Trade’ category of the dashboard which lets you post your trades, verifiable or not. There are three options:
- Linking your account with your brokerage of choice and importing trades directly from there
- Manually entering your trades into provided spaces and specifics
- Take a photo of your transactions
What can I do to determine whether the trade can be verified or not?
If you import your trade through a reliable brokerage, there is the likelihood that it can be verified. This is shown by the blue check mark. If you upload the information manually or via images, it will be classified as unverified.
The drawback of posting an unauthentic trade is the risk of receiving downvotes from fellow peers. A large number of downvotes could cause you to be listed in the Madoff leaderboard, where users are able to identify who is fraudulent in posting trades.
Is the Profit.ly mobile application still available?
As of the moment, Profit.ly is still available for download on the App Store for Apple and in the Google Play store. The mobile app version is compatible with the majority of functioning tablets and smartphones.
How many people are currently connected to Profit.ly?
Profit.ly is currently home to over 150,000 investors and traders, since they’re not just looking to earn maximum profits but also assist each other to learn and improve in acquiring opportunities in the stock market left and right.
