Stock trading is a high-stakes game. Some days, you may have the benefit of positive and satisfactory numbers. However, on other days, the opposite may happen, and it may sometimes be very difficult to get back to where you were at your peak. If you find yourself immersed in the water You will need to realize that relying on your instincts and preserving may not always be enough.
If you’ve experienced losses from time to time You’ll need reliable advice from tested and tried trading experts. You’re also gonna need an enormous boost from your trading partners from all over the world, which is why we’ve discovered a platform that can support you in your improvement within the field. This review will 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 Top Penny Stock To Buy Today
Value: 4.1/5
Quality: 4.1/5
Costs: 4.1/5
The User’s Experience 4.5/5
Summary
Profit.ly offers an internet-based trading service that allows traders of all levels to be informed responsible, transparent, and to build relationships with each other by offering a wide variety of tools and features like chat rooms, trade verification as well as an extensive library of educational material.
How do I define Profit.ly?
Profit.ly is a trading website that functions as a learning and education platform for people new to trading and also as a platform for traders who are experienced to monitor their performance through the use of advanced analytics tools. Offering users a broad range of resources to facilitate trade and communication, it helps traders from all walks of life connect with each other. It offers gurus with worthy investments within the boundaries of this platform. Think of it as an online social media platform similar the likes of Facebook and Reddit, but for professionals 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 trust 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 fellow expert Michael Mosseri.
In an interview with Forbes publication, Sykes stated that Profit.ly was based “on the transparency of the entire spectrum of trades, something which was never prior to.” The idea, he added, served two purposes: 1) making public records for everyone, not just the experts and students and newsletter writers as well as) giving everyone on the platform to be enlightened by both the wins and losses to benefit the industry of trading. Top Penny Stock To Buy Today
How Does It Perform?
Profit.ly utilizes a subscription model that allows stock traders to have access to a range of services and features geared towards achieving success. You may set up an account for free, but you’re only given access to the leaderboards and monitor the actions of non-gurus. If you’re interested in investing your money to see what stocks the experts are trading in real-time it is necessary to sign up to one of Profit.ly’s offerings, which we will go over shortly.
The process of opening an account is easy: create an account that includes your personal information and knowledge, then connect your brokerage account, and you’ll have a chance to shoot your way up to at the very top of the list. Profit.ly’s leaders’ board feature as mentioned previously it is designed to provide its users a glimpse of how the community of traders performs as well as its experts. It’s not only a chance to prove value to a community of traders, as you can also utilize Profit.ly to shop from a guru with the assurance that you’re confident in their skills and the veracity of their claims.
If you’re not comfortable with the idea of sharing the details of your broker account you can decide to share your trades, whether verified or not, by taking pictures. Included in Profit.ly are the vast number of trading classes and the capability to see the stats of a trader’s account and other methods to communicate with your gurus via chatrooms along with text and e-mail alerts and updates.
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Meet the Founder: Tim Sykes
Timothy Sykes is a well-renowned day trading guru who is well-known for his efforts in penny stock trading. According to Investopedia Penny stock refers to a small company’s stock that trades for under $5 for each share. The penny stock market is a stepping stone for small businesses to transition to a large marketplace as it gives them access to funds from the public. But don’t be mistaken – it’s also an extremely risky game, as Sykes can surely tell thanks to his years of experience.
Since his initial beginnings in the latter years of High School, Tim Sykes has, since then, made more than $6 million in earnings during his long and successful career as trader. At the age of 25, he had been given more exposure and a wider reach of influence as a participant in the reality series “Wall Street Warriors.” Then, he made use of the show to create trading rooms as well as penny stock themes and educational material aimed at those who are new to the trading field. He also helped establish Profit.ly as a platform for openness, and for the community to uplift and compete against each other on the platform.
The Profit.ly Gurus
One of Profit.ly’s amazing features is the variety of educational tools, trade alerts and other useful stuff offered by the platform’s in-house gurus. Gurus are referred to experts in the field of trading who have earned substantial profits from their collective years of expertise. Top Penny Stock To Buy Today
At its height, Profit.ly had housed up to five gurus, all of them an expert in their niche in the field of trading. Some of the most prominent experts included Connor Bruggermann, Nathan Michaud of Investors Underground, and Triforce among others. At the time of writing, there are only two gurus who remain on the platform: the founder as well as penny-stock trader Tim Sykes and veteran smallcap swing trader Paul Scolardi, also known as Superman. In light of that, let’s take a look at the packages each guru offers.
From Tim Sykes Tim Sykes
Sykes provides basic stock trading services that focuses on penny-priced day trading with Tim’s Alerts. Costing $74.95 per month, you’ll be able to be able to see him concentrate on the fundamental stock catalysts and use them to forecast the next possible moves in making trades.
A purchase on its own from Tim’s Alerts will get you access to the chatroom as well as the mobile app that’s available for iOS as well as Android devices; text, e-mail and push alerts; and a daily stock watchlist.
from Tim Sykes: The Pennystocking Silver Package
Pennystocking Silver is the premium version, with an upgraded version of Tim’s Alerts package. Priced at $149.95 for a month this is an ideal plan for those who are involved in investing in penny stocks. Pennystocking Silver includes all the basic features that were included in earlier plans including swing trading alerts as well as unlimited access to a rich library of over 7,000 educational videos, with new ones released every 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 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 trading earnings. Top Penny Stock To Buy Today
The Superman Alerts plan is an 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, the daily market updates in real-time, and E-mail and SMS alerts.
In “Superman” Paul Scolardi: Superman Pro
For $247 per month, you can enjoy additional features, as well as access to a knowledgeable base that is provided by Superman himself, via the Superman Pro package. Alongside the standard features featured in the Alerts package, Superman Pro gives you weekly video lessons, including the growing collection of previous lessons. Additionally, you’ll also get an access to high-quality research papers as well as the IPO or earnings monitor.
Profit.ly Programs and Costs
If you’re eager to join the world of online trading and make a mark on the market, Profit.ly has the right amount of resources to help you up and running. The platform offers three membership levels that are designed to accommodate traders of different levels. Let’s take a look at what these three levels are and what they’ll cost you.
Novice Plan
The package called Novice is Profit.ly’s beginning-of-the-line plan specifically for people who are brand new to the trading world. As you sign up for this plan you’ll be offered a range of strong and indispensable trading tools, each of them integral in keeping your fingers on what call a competitive process by itself.
Among the list of things you can accomplish using Profit.ly’s Novice program is the capability to check trades and track profits and follow-up, leading, and even messaging other traders; and leaving feedback on today’s trades. You can also get on leaderboards, analyze, sort, and filter your trades and lastly, look at other’s stats.
The Novice plan costs $29.95 per monthly payment. While it may look attractive for the price alone, there is a downside. It isn’t possible to create a private profile, which makes your personal information public. If you’re interested in get an account with this option, you should keep an eye on us as we present to you Profit.ly’s new plan.
The Trader Plan
The Trader package lets users to benefit from a majority of features from The Novice package. In this plan, that you can create an individual profile that allows you to share with other associate users all your knowledge and intel in the trading community.
Priced at $49.95/month, Profit.ly’s Trader plan does what the name suggests: Cater for those looking to harness their skills in trading. As nice as it seems but there’s one important aspect that’s not included. As opposed to the prior Novice package, this one won’t be able to view other traders’ stats this might be a drawback for those who are anticipating this level. Top Penny Stock To Buy Today
Pro Plan
The Professional plan can be described as the highest expensive plan Profit.ly could offer for seasoned traders. With $74.95 per month, and an additional 22% discount for annual billing This plan offers everything. You will have full, unrestricted access to all the features from the two prior plans.
Not only do you get to see other users’ stats as well, you’re also offered the opportunity to create your own private profile. Both of these features, on top of all the benefits that you can use to the maximum extent. If you’re looking for a plan that can serve you everything you need as trader with experience, the Pro level is for you!
Profit.ly’s Other Services
Apart from the provided tools for training and Leaderboards Profit.ly offers a number of more services it has to offer. One of them is the online store, which allows users to choose from a wide array of video products created to guide you through the ins and outs of trading. Each of the offerings listed in this section of the site can be immediately purchased for personal use. These include best-selling products like”Trading Tickers,” the “Trading Tickers” series by trading specialist Tim Grittani, Timothy Sykes’s collection of DVDs, streaming-only content about penny stocking, short stocking, and all other things trading-related, clips and footage from events like the Annual Pennystocking Conference, and products from other expert traders.
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The chat rooms that are integrated are included in Profit.ly’s range of services and features. You’re probably familiar with the chat room as you can find it throughout messaging and social platforms, as well as some specialty websites that offer live chat assistance. But in Profit.ly, it is seen as a real-time area where experts and member traders can communicate and learn in real time. Every guru has their own style in running their chat rooms and dealing with the listed members there. Some may be laid back and less active, while another may be more online and communicative with their students. Consider chat rooms as Profit.ly’s version of a forum, in essence.
Who is the best Trader for Profit.ly?
Profit.ly’s diverse range of products and features cater to the wide range of stock trader types, from novices to experienced professionals. Considering the number of offers it can provide it is certain to have something for everyone.
Beginners, for instance, will enjoy Profit.ly’s library of learning content offered throughout the platform. Not only will they be enriched with weekly videos and chat room tips from the in-house experts and members. Additionally, they can pick from the merchandise available from its online store to carry with them wherever they may go. You can also get hands-on experience trading on the platform, however, they will soon learn that the process is a risky game that shouldn’t be treated as a joke.
For traders who have decades of experience in the line, we see Profit.ly equally suited to them as people who are just beginning. While the newbies may not be as adept at handling trading matters but the experts already know how it works and the risky mix that it carries. Ideally, they may utilize Profit.ly’s range of options to their maximum advantage to enhance their skills in trading. As beginners, they are able to learn from the experts and experts , and use those short tips and tricks throughout the process.
Profit.ly’s “all-inclusive” nature does not only apply to beginners or semi-experienced trader. Certified experts can also take part in the excitement! Those in the trading industry who are on similar levels to Superman or Tim Sykes can also use up Profit.ly’s abilities to show off their skills to others as a way to help assist them in the ever-changing trading process. Top Penny Stock To Buy Today
Profit.ly’s Pros and Cons
The Pros
- Profit.ly’s diverse capabilities as a ‘one-stop’ platform for trading stocks allows traders across the globe with an abundance of knowledge, communication, and trading tools
- You get to receive excellent training and advice from the company’s inside experts, as well as collections of educational videos as well as real-time trading activities
- You’re assured of transparency throughout Profit.ly with accurate analytics and fellow traders ready to call you out whenever something happens
- The platform’s leaderboard feature gives you a way to build your reputation as a reliable and authentic trader
- Apart from its main features, Profit.ly also gives its customers additional options to meet their preferences, such as posting trades that are not authentic by taking images
- 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 packages and services offered could be too much for the majority of its users
- Since traders can choose to open any kind of trade, there’s an opportunity that some them could profit from cherry-picking the best trades to increase the rating – this may be a concern that should not be simply overlooked
- Profit.ly does not offer refunds as the premium customers are expected to instantly take advantage of the numerous services the platform has to provide
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The Final Verdict is: Is Profit.ly worth it?
If we could think of an appropriate answer for this query, it would be yes. However, you must realize that it shouldn’t be treated as a get-rich-quick scheme. The platform was not always intended to be created for this reason. Instead, you should have curiosity. Top Penny Stock To Buy Today
What we mean”yes” is it can be a great learning tool. Those who may be stuck might find Profit.ly’s variety of resources helpful as they do their best to reduce loss and perform better than before. It’s not only the poor traders that can benefit from this platform. It can accommodate beginners and even experts!
If you really care about being more successful in trading and would like to learn from your fellows and gurus throughout the process, then you should look no further than Profit.ly. Profit.ly could be a good alternative to start.
FAQ Top Penny Stock To Buy Today
How can you make use of Profit.ly to publish your trades?
Profit.ly includes the option of allowing trade entries under the ‘My Trade’ category of the dashboard. It lets you post your trades that are verified or not. There are three options:
- Linking your account with your broker of choice and import trades directly from there
- Manually entering your trades using provided spaces and specifics
- Send a screen shot of your transactions
How can I tell if the trade is verifiable or not?
If you buy your trade from a trusted brokerage, there is an excellent probability that it’s verifiable. This is indicated with the small blue check. If you submit the information manually or via images, it will be classified as unverified.
The disadvantage of an unauthenticated trade is the possibility of getting downvotes from your fellow peers. If you receive too many negative votes, it could result in you appearing at the top of the Madoff leaderboard, which is where the public can detect who’s being dishonest in posting trades.
Are the Profit.ly mobile app still in use?
As of the moment, Profit.ly is still available for download on the Apple App Store as well as in the Google Play store. The mobile app version is compatible with most working smartphones and tablets.
How many are on Profit.ly?
Profit.ly is currently home to over 150,000 investors and traders because they are not just looking to earn maximum profits but also help each other grow and learn more about acquiring opportunities in the stock market all over the world.
