The stock market can be a high-stakes game. On some days, you might be reaping the benefits of pleasing and positive numbers. However, on other days, the opposite may happen, and it may sometimes be very difficult to return to where you were your most productive. If you’re constantly stuck in the gutter, you will have to realize that relying on pure instinct and preservation is not always enough.
If you’ve experienced loss from time to time, you’re gonna be needing sound advice from tried-and-tested trading experts. You’re also gonna need an important boost from colleagues in the market from all over the globe, which is why we’ve identified a platform that can support you to improve your performance in the industry. In this review, we’ll be taking the time to 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. To get a comprehensive overview of Profit.ly, you may still want to check out our article below.
Overall Rating: 4.1/5 Top Penny Stock Gainers Today
The User’s Experience 4.5/5
Profit.ly is an online trading platform that permits traders of different levels to be informative responsible, transparent, and to build relationships with each other through its broad variety of tools and features including trade verification, chat rooms and a rich library of educational content.
How do I define Profit.ly?
Profit.ly is a site for trading which serves as a training and learning platform for those new to trading as well as a place for traders who are experienced to monitor their performance through the use of sophisticated analytics tools. Offering users a broad range of resources to facilitate trade and communication that help traders from all walks of life connect with one another. It gives the gurus worthy investments within the boundaries that the site. Consider it a social media site akin like Facebook and Reddit but with a focus on experts and traders.
Profit.ly independently checks the performance of trades and publishes all data from them in the form of leaderboards. The trading platform is built on transparency and honesty: it guarantees that the transactions are legitimate and will not tolerate inauthenticity as much as it is 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 stated that Profit.ly was motivated by its focus “on the transparency of the entire spectrum of trades, something which has never been done before.” This idea Sykes said served two purposes: 1) making public records for not just the gurus and newsletter writers and students and secondly) making it possible for everyone on the platform to gain insight into both losses and wins to the benefit of the trading industry. Top Penny Stock Gainers Today
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 towards achieving achievement. You can create an account on the site for free, but you’re limited to the capability to browse the leaderboard and observe 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 deals, which we will discuss in the near future.
Setting up an account is simple: Create an account with your experience and knowledge, then connect to your brokerage account, and you’ll be given an opportunity to make your way to high on the leaderboard. Profit.ly’s leaders’ board feature as mentioned previously, is designed to give its users a glimpse of their performance as a trading group as well as its gurus. It’s not only a chance to demonstrate your worth to a large group of traders. You can also utilize Profit.ly to buy from a guru with the assurance that you’re confident with their expertise and the legitimacy of their claims.
If you feel uneasy with the concept of leaking the details of your broker account then you could decide to share your trades, verified or not, via screenshots. 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 more ways to communicate with your gurus through the chatroom in addition to notifications via email or text as well as updates.
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Meet the Founder: Tim Sykes
Timothy Sykes is a well-renowned day trader who is famously known for his involvement in penny stock trading. According to Investopedia Penny stock refers to a small-sized company’s stock that trades for under $5 for each share. The trading of penny stocks is a stepping stone for small companies to move into a larger market because they can access funds from the general public. But don’t make the mistake of thinking that it’s also an extremely risky activity, as Sykes can surely tell because of his decades of experience.
Beginning at the end of his time in the high schools, Tim Sykes has, since then, made an estimated $6 million earnings throughout his illustrious career as trader. When he was 25 years old Sykes was given greater exposure and an even wider reach of influence as a participant in the reality series “Wall Street Warriors.” Then, he made use of the show to develop trading rooms and penny stock themes and educational content geared toward those who are new to the trading field. He also helped to establish Profit.ly as a place of transparency, and for the community to lift each other up and compete with each other through the platform.
The Profit.ly Gurus
One of Profit.ly’s sweet inclusions is the vast array of educational tools, trade alerts and other helpful stuff provided by the in-house experts of the platform. The gurus in question refer to the trading experts who have earned substantial amounts of money from their combined years of experience. Top Penny Stock Gainers Today
At its peak, Profit.ly had housed up to five gurus. Each of them an expert in their field of expertise within the world of trading. Some of the most famous experts included Connor Bruggermann, Nathan Michaud of Investors Underground, and Triforce among others. At the time of writing only two gurus remain on the 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 we’ll take a look at what packaged deals each guru has to offer.
From Tim Sykes Tim Sykes: Tim’s Alerts
Sykes provides basic stock trading services which focuses on penny-stock day trading via Tim’s Alerts. At $74.95 monthly, you’ll see him focus on the fundamental stock catalysts and use them to predict the next move that is possible when trading.
A standalone purchase of Tim’s Alerts will get you access to the chatroom and the mobile app available on iOS as well as Android devices; texts, emails and push alerts and a daily stock watchlist.
From Tim Sykes: The Pennystocking Silver Package
Pennystocking Silver is the most premium version that has been upgraded of the Tim’s Alerts package. Priced at $149.95 monthly, it is the perfect plan for those who are more involved in the penny-stock market. Pennystocking Silver includes all the basic features of prior plans, including swing trading alerts as well as unlimited access to an extensive library of more than 7,000 instructional videos and new videos released weekly.
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In “Superman” Paul Scolardi: Superman Alerts
Scolardi who goes under 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 he began as a trader, Superman has amassed over $5.5 million in all-time trading earnings. Top Penny Stock Gainers Today
The Superman Alerts package is his offer of the most essential features and trading alerts geared towards those who might be interested. For $147/month, you’ll get an access to the day-to-day stock watchlist that is premarket along with 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 and access to the extensive knowledge base provided by Superman himself, via Superman Pro. Superman Pro package. Alongside the standard features that are included in the Alerts package, Superman Pro gives you daily video lessons, which include an ever-growing library of other previous ones. Additionally you’ll also have access to premium research reports as well as the IPO or earnings monitor.
Profit.ly Programs and Costs
If you’re looking to join the trading community on the internet and leave your mark on the field, Profit.ly has the right amount of tools to get you going. The platform offers three membership tiers that cater to traders at different levels. Let’s break down what these three levels are and what they will cost you.
The package called Novice 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 up for this package, you will be immediately offered a range of strong and indispensable trading tools, each one of them essential in keeping your fingers on what we can describe as a cutthroat process by itself.
The list of features you can accomplish with Profit.ly’s Novice package is the ability to verify the results of your trades and track profit; leading, following and even chatting with other traders; and providing feedback on trades today. You can also get onto leaderboards; study the results of your analysis, sort, or filter the trades you make; and lastly, look at other people’s statistics.
The Novice plan costs $29.95 per month. Although it looks attractive just by the price but there’s a disadvantage. You can’t create a private profile, thus making your personal information public. If you do want to get an account with this option, you should keep an eye on us as we present to you Profit.ly’s next plan.
The Trader package lets users to benefit from many of the features of the novice plan. In this plan, that you can create an account that is private for sharing with fellow associates all your insights and information you have gained from trader’s community.
The price is $49.95/month, Profit.ly’s Trader plan will do what the name implies caters for those looking to develop their trading skills. As nice as it seems but there’s one important feature that is missing. Unlike the previous Novice package, this one won’t be able view other traders’ stats, which could be a problem for some who may be looking forward to this tier. Top Penny Stock Gainers Today
This is by far the highest expensive plan Profit.ly can offer to experienced traders. With $74.95 each month and 22% off for billing annually the Pro plan has everything. You get full, no-holds-barred access to all features from the two previous plans combined.
In addition, you’ll be able to look at other people’s statistics as well, you’re also offered the chance to create a private profile. These two features are plus the other benefits that you can use to the maximum extent. If you’re in search of an option that gives you with everything you require as trader with experience, the Pro tier could be the right choice for you!
Profit.ly’s Other Services
Apart from the provided training tools and the Leaderboards Profit.ly offers a number of additional services that it can provide. One of these is its online store, which allows users to select from a variety of videos created to help you understand the nuances and pitfalls of trading. The products listed in this section of the website is available to be immediately purchased for personal use. These include best-selling products like the “Trading Tickers” series by trader specialist Tim Grittani, Timothy Sykes’s collection of DVDs and streaming-only content on short stocking, penny stocking, and all other things trading-related, clips and clips of events like the Annual Pennystocking Conference, and other products by expert traders.
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Chat rooms integrated into Profit.ly are also part of Profit.ly’s array of features and services. You’re probably familiar with the concept of the chat room since you will see it on messaging and social platforms, in addition to a few special websites that provide live chat support. However, in Profit.ly, it is seen as a hands-on place where gurus and their members can interact and learn in real time. Each guru has their style in operating their chat room and dealing with the members. One might be laid back and not very often active, while another may be more active and in touch with their students. Think of the chat rooms as Profit.ly’s version of a forum, in its essence.
Who is the Ideal Trader for Profit.ly?
Profit.ly’s wide range of products and features caters to a large variety of stock trader types, from novices to the most experienced. With the variety of deals it can provide it is certain to have something for all.
Newbies, for instance, will appreciate Profit.ly’s collection of educational materials available across the platform. They will also get daily videos and chat room advice from the in-house experts and their members. They’ll also be able to pick from the merchandise available in its online store to carry with them wherever they be. You can also get hands-on experiences by trading through the platform, but ultimately they’ll realize that trading is a risky game that shouldn’t be taken as an opportunity to make fun of.
For traders who have many years of experience down the road, we consider Profit.ly as equally as suitable to those who are just starting. Although the novices might not be as proficient in managing trading but the experts already know how it works and the plethora of risks that come with it. In the ideal scenario, they can utilize Profit.ly’s array of features to their best advantage to enhance their trading abilities. Like novices, they can learn from the top experts as well as experts, and take advantage of simple tips and hints to help them along.
Profit.ly’s ‘all-together’ nature does not only apply to beginners as well as semi-seasoned traders. Experts who have been verified can also participate in the fun! Those in the trading industry who are on an equal level with Superman as well as Tim Sykes can also use the power of Profit.ly’s capabilities to showcase their expertise to other traders in order to navigate them through the ever-changing trading process. Top Penny Stock Gainers Today
Profit.ly’s Pros and Pros and
- Profit.ly’s numerous capabilities as a “one-stop” platform for trading stocks allows traders from all over the world with an abundance of knowledge tools, communication, and trading tools
- You’ll receive excellent training and tips from the internal experts, which include collections of educational videos as well as trading in real-time.
- You’re assured of transparency throughout Profit.ly by using accurate data as well as other traders that are waiting to reach you out if something occurs.
- The leaderboard feature of the platform offers you a way to build your credibility as a trustworthy and dependable trader
- In addition to its primary features, Profit.ly also gives its customers additional options to meet their needs, like posting trades that are not authentic by taking images
- Profit.ly’s diverse range of subscription plans and guru packages are priced at reasonable prices There is truly something for all
- Profit.ly’s bountiful stream of packages and products offered may seem overwhelming for a lot of its customers
- Since traders can choose to open any kind of trade, there is a possibility that some of them could profit from selecting the best trades in order to boost their rating – this may be a problem that shouldn’t be overlooked.
- Profit.ly does not accept refunds, as its premium users are expected to immediately take advantage of the numerous services that the platform can 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 would be an affirmative “yes”. But you need to understand that this platform shouldn’t be viewed as a scheme to get rich quick. The platform wasn’t originally meant to be designed to achieve this goal. Instead, you should have the ability to think with an open heart. Top Penny Stock Gainers Today
What we do mean”yes” is that it could be a useful learning tool. Those who may be stuck may find Profit.ly’s variety of resources helpful when they try their best to incur lesser loss and perform better than they did before. It’s not just the struggling traders who will profit from the platform. It will be able to accommodate beginners as well as even experts!
If you truly care about being more successful in trading and would like to learn from your peers and experts throughout the process, then you should look no further than Profit.ly. Profit.ly is a fantastic alternative to start.
FAQ Top Penny Stock Gainers Today
How do you use Profit.ly to post your trades?
Profit.ly has a trade entry portion under the My Trade section of the dashboard that allows you to post your trades, either verified or otherwise. There are three choices:
- Connecting your account to your broker of choice and import trades directly from there
- Manually inputting your trades with provided spaces and specifics
- Take a photo of your trades
What can I do to determine whether the trade is authentic or not?
If you purchase your trade from a trusted brokerage, there is an excellent chance that it is verifiable. This is evident by the blue check mark. If you post it in a manual way or by taking images, it will be assigned as unverified.
The drawback of posting an unauthentic trade is the possibility of receiving negative feedback from friends and colleagues. If you receive too many negative votes, it could result in you appearing in the Madoff leaderboard, which is where the public can see who’s dishonest in posting trades.
Is the Profit.ly mobile app still in use?
As of this writing, Profit.ly is still available to download via 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 are using Profit.ly?
Profit.ly currently houses more than 150,000 investors and traders because they are not just seeking to make the most profit but also to help one another learn and improve in acquiring opportunities in the stock market both right and left.