Stock trading is an extremely risky game. Some days, you could enjoy the benefits of pleasing and positive numbers. On other days you may experience the opposite and it can be very difficult to get back to where you were your peak. If you find yourself immersed in the water, you will have to recognize that relying on pure instinct and preservation may not always 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 an enormous boost from your fellow traders from around the world, which is why we’ve found an online platform that will help you in your improvement in the industry. This review will be taking 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 Penny Stock To Buy Now
The User’s Experience 4.5/5
Profit.ly is an online trading platform that permits traders of various levels to be informed responsible, transparent, and uplifting with each other by offering a wide range of features and tools such as chat rooms, trade verification as well as an extensive library of educational material.
What is Profit.ly?
Profit.ly is a trading site which serves as a training and learning platform for traders who are starting out and also as a platform for traders with experience to keep track of their performance with the help of sophisticated analytics tools. Providing users with a wide range of resources for trade and communication that help traders from all walks of life connect with one another. It gives the gurus worthwhile investments within the confines that the site. Think of it as an online social media platform similar the likes of Facebook and Reddit however it is geared towards professionals and traders.
Profit.ly independently validates trade performance and then publishes the information from them in the style of leaderboards. The trading platform is built on honesty and transparency: it makes sure that transactions are legitimate and will not accept fake news as long as possible. It was established in the past by penny stock trade expert and investment expert Timothy Sykes, along with his colleague Michael Mosseri.
One time , during an appearance in Forbes publication, Sykes declared that Profit.ly was based “on showing the entire spectrum of trades, something which has never been done before.” This idea, he added, served two purposes: 1) making public records for not just the gurus, but also the students and newsletter writers and secondly) giving anyone on the platform to be enlightened by both losses and wins to benefit the industry of trading. Top Penny Stock To Buy Now
How Does It How Does It
Profit.ly utilizes a subscription model that lets stock traders have access to a range of features and services aimed towards achieving the success of their business. It is possible to create an account on the site for free, but you’re limited to the ability to navigate through the leaderboard and follow the actions of non-gurus. If you’re ready to invest your money and see which stocks the gurus are trading in real time, you will need to sign up to one of Profit.ly’s deals that we’ll go over shortly.
Making an account simple: Create an account that includes your personal information and expertise, connect your brokerage account, and you have yourself a chance to shoot your way up to the top of the leaderboard. Profit.ly’s leaderboard feature, as mentioned previously it is designed to provide its users an insight into how the community of traders performs as well as its gurus. It’s not only a chance to show your worth to a large group of traders, but you can also use Profit.ly to buy with a guru, and have the confidence that you are confident with their expertise and the legitimacy of their assertions.
If you’re not comfortable with the concept of leaking the details of your broker account you may opt to post your trades, either verified or otherwise, through photographs. In Profit.ly are the vast number of trading classes, the ability to view stats in a trader’s profile as well as other ways to communicate with your gurus via chatrooms along with text and e-mail alerts and updates.
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 Penny stock refers to a small-sized company’s shares that trade for less than $5 per share. Penny stock trading is a stepping stone for small companies to move to a large marketplace as it gives them access to funds from the general public. However, don’t get it wrong – it’s also an extremely risky game, as Sykes will be able to tell you through his many years of experience.
From his beginnings in the latter years of high school, Tim Sykes has, since then, made over $6 million of earnings during his long and successful career as trading professional. When he was 25 years old Sykes was given greater exposure and an even wider reach of influence when he was a part of the reality series “Wall Street Warriors.” Then, he made use of the show to establish trading rooms, penny stock themes, and educational material aimed at those who are new to trading. He also helped to establish Profit.ly as a platform for transparency, and for the community to uplift and compete against each other on the platform.
The Profit.ly Gurus
One of Profit.ly’s sweet inclusions is the vast array of educational resources, trade alerts, and other helpful stuff provided by the platform’s in-house gurus. The gurus in question refer to the experts in trading who have earned significant amounts of profit from their combined years of experience. Top Penny Stock To Buy Now
At its peak, Profit.ly had housed up to five gurus, all of them a professional within their particular field 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, only two gurus remain on this platform: the founder of the penny stock market Tim Sykes and veteran smallcap swing trader Paul Scolardi, also known as Superman. When we take that into account, let’s take a look at the packages each guru has to offer.
From Tim Sykes Tim Sykes
Sykes provides basic stock trading services which focuses on penny-priced day trading with Tim’s Alerts. Costing $74.95 for a month you’ll be able to see him concentrate on the fundamental catalysts for stocks and utilize them to anticipate the next possible moves in trading.
A purchase on its own of Tim’s Alerts will get you access to the chatroom as well as the mobile app available on iOS as well as Android devices, text, e-mail 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, with an upgraded version of Tim’s Alerts package. Priced at $149.95 for a month it is an ideal plan for those who are more involved in penny stock trading. Pennystocking Silver offers all the essential features of the previous plan, including swing trading alerts and unlimited access to a library of over 7,000 educational videos that are updated weekly.
The following video is from “Superman” Paul Scolardi: Superman Alerts
Scolardi who goes under the name “Superman,” is a swing trading professional with an eye for massive stocks of the small-cap size and insanely accurate marketing forecasts. Since when he first started trading, Superman has amassed over $5.5 million in total trading earnings. Top Penny Stock To Buy Now
The Superman Alerts plan is an package of vital features and alerts on trading geared toward those who may be interested. For $147 per month, you’ll gain access daily stock watchlist that is premarket along with the mobile app, the daily market commentary shown in real-time, as well as SMS and e-mail alerts.
From “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 that are included in the Alerts package, Superman Pro gives you weekly video lessonsthat include the growing collection of previous lessons. In addition you’ll also have access to premium research reports and an IPO and earnings tracker.
Profit.ly Plans and Costs
If you’re ready to join the trading community on the internet and leave a mark in the industry, Profit.ly has the right amount of resources to get you up and running. The platform offers three membership tiers that cater to traders with different levels. Let’s look at what the three levels are and what they’ll cost you.
This package for novices is Profit.ly’s basic plan that is designed specifically for people who are brand new to the trading world. When you sign up for this plan, you will be immediately given a slew of robust and essential trading tools, each of which is essential to keep your fingers on what could call a ruthless process in and of itself.
Some of the features you can accomplish using Profit.ly’s Novice package include the ability to verify the results of your trades and track profit; leading, following and even chatting with your fellow traders, as well as leaving feedback on today’s trades. You’re also allowed to get on leaderboards, analyze your trades, sort and filter your trades; and, finally, see other’s stats.
The Novice plan costs $29.95 per monthly payment. Although it looks attractive for the price alone however, there’s a drawback. You aren’t able to create a personal account, making your personal information public. If you’re looking to get access to this feature, keep an eye on us as we present to you Profit.ly’s next strategy.
The Trader Plan
The Trader package lets users to benefit from a majority of features from the Novice plan. It is in this plan that you are able to create an individual profile that allows you for sharing with fellow associate users all your knowledge and intel in this trading group.
Priced at $49.95/month, Profit.ly’s Trader plan does what the name suggests caters people who want to improve their skills in trading. As nice as it seems but there’s one important aspect that’s not included. Unlike the previous Novice package, this one won’t be able to see other traders’ stats this could be a problem for those anticipating this level. Top Penny Stock To Buy Now
The Pro plan is the highest premium package that Profit.ly can offer to experienced traders. With $74.95 monthly, which includes 22% off when billed annually, this tier has it all. It gives you full, unlimited access to all features of the previous plans.
In addition, you’ll be able to look at other people’s statistics and data, but you also have the chance to create a private profile. These two features are in addition to the advantages that you can utilize to their fullest capacity. If you’re in search of a plan that can serve you with everything you require as trader with experience, the Pro tier could be for you!
Profit.ly’s Other Services
In addition to the trainer tools and leaderboards, Profit.ly offers a number of additional services that it can provide. One of these is its online store, which lets users pick from a range of instructional videos that are that are designed to educate and guide you through the ins and outs of trading. The products listed on this page of the website is available to be immediately purchased for personal use. Among these products include best-sellers like”Trading Tickers,” the “Trading Tickers” series from trading specialist Tim Grittani, Timothy Sykes’s collection of DVDs, streaming-only content on penny stocking, short stocking, and other related to trading, videos and footage of The Annual Pennystocking Conference, and items from other experts in trading.
The integrated chat rooms are as well part of Profit.ly’s variety of features and services. You are probably familiar with the chat room as you can find it throughout messaging and social platforms, and also on a few specialty websites that offer live chat assistance. But on Profit.ly, it is seen as a area where experts and members can interact and exchange knowledge in real-time. Every guru has their own style when it comes to running their chat room and dealing with the listed members there. One might be laid back and not very often active, while another may be more online and communicative in their interactions with students. Consider chat rooms as Profit.ly’s version of the forum in its essence.
Who is the best trader to Profit.ly?
Profit.ly’s wide range of products and features caters to an array of stock trader types, from novices to the most experienced. With the variety of deals it can provide this platform definitely has something for every person.
For instance, newbies will enjoy Profit.ly’s library of learning content offered throughout the platform. In addition, they will get daily videos and chat room tips from the in-house experts and members. They’ll also be able to pick from the merchandise available in its online store that they can take with them wherever they go. Additionally, they can gain practical experience trading on the platform, but eventually they’ll realize that this is a high stakes game that shouldn’t be treated as a joke.
For those traders who have had many years of experience down the line, we believe Profit.ly equally suited for them as it is for those who are just starting. Although the novices might not be as proficient in handling trading matters however, experienced traders know the way it functions and the risky mix that it carries. In the ideal scenario, they can use Profit.ly’s range of options to their maximum advantage to enhance their trading skills. Like novices, they can study from the gurus and experts , and use those short tips and tricks throughout the process.
Profit.ly’s “all-in” approach isn’t limited to novices or semi-experienced trader. Verified experts can also join in the fun! People in the trade industry who are at an equal level with Superman and Tim Sykes can also use Profit.ly’s capabilities. Profit.ly’s capabilities to display their skills to others as a way to assist them in the ever-changing trading process. Top Penny Stock To Buy Now
Profit.ly’s Pros and Pros and
- Profit.ly’s many capabilities as a “one-stop” platform for trading stocks allows traders from all over the world with tons of learning communications, trading, and communication tools
- You’ll be taught by experts and tips from the in-house gurus, including video libraries that teach you how to learn and live trading activity.
- You’re assured of transparency throughout Profit.ly with precise analytics as well as other traders ready to call you out if something occurs.
- The platform’s leaderboard feature gives you the chance to establish your credibility as a trustworthy and dependable trader
- Apart from its core features, Profit.ly also gives its customers extra options that can be tailored to their preferences, such as posting trades that are not authentic by taking screenshots
- Profit.ly’s wide array of subscription plans and guru packages are priced at affordable rates – there truly is something for everyone
- Profit.ly’s numerous products and packages offered might seem overwhelming for the majority of its users
- Since traders can choose to make any type of trade, there’s an opportunity that some them may take advantage by cherry-picking the best trades to improve their ratings – this may be a concern that should not be ignored.
- Profit.ly will not allow refunds as its premium users are expected to immediately benefit from the many services that the platform can offer
The Final Verdict: Is Profit.ly worth it?
If we could come up with an answer to this question, it’s a ‘yes’. However, you must realize that the platform should not be used as a quick-fix scheme to make money. It wasn’t meant to be designed in this way. Instead, you should have the ability to think with an open heart. Top Penny Stock To Buy Now
What we mean by ‘yes’ is that it can be a great learning tool. People who are stuck might discover Profit.ly’s array of resources helpful as they do their best to avoid losses and perform better than before. It’s not just the poor traders that can profit from the platform. It is able to accommodate novices and even experts!
So, if you genuinely want to become better at trading and wish to learn from your peers and experts throughout the process, then look no further – Profit.ly is a fantastic option to begin.
FAQ Top Penny Stock To Buy Now
What are the best ways to use Profit.ly to publish your trades?
Profit.ly offers an entry section for trades under the My Trade’ category of the dashboard which allows you to post your trades that are verified or otherwise. You may choose between three options:
- Linking your account to the broker of choice and import the trades from that directly
- Manually entering your trades using specified spaces and information.
- Send a screen shot of your trades
How do I know whether the trade is authentic or not?
If you purchase your trade from a trusted brokerage, there’s a high probability that it’s verifiable. This is shown by the small blue check. If you post the information manually or via images, it will be classified as unverified.
The drawback of posting an unverified trade is the risk of receiving negative feedback from colleagues. Too many downvotes may cause you to be listed in the Madoff leaderboard, which is where the public can see who’s untruthful in submitting trades.
Does the Profit.ly mobile app still available?
As of this writing, Profit.ly is still available to download via the Apple App Store and the Google Play store. The mobile app version is compatible with the majority of functioning tablets and smartphones.
How many people are currently using Profit.ly?
Profit.ly currently houses over 150,000 traders and investors, because they are not just seeking to make the most profit but also assist each other to grow and learn more about acquiring opportunities in the stock market all over the world.