The stock market can be an extremely risky game. Some days, you could be reaping the benefits of positive and satisfactory numbers. However, on other days, the opposite may happen and it can be extremely difficult to get back to where you were at your peak. If you find yourself constantly stuck in the gutter it is important be aware that relying solely on your instincts and preserving might not be enough.
If you’ve been incurring occasional losses and you’re likely to require solid advice from seasoned and tested trading experts. Also, you’ll need a significant boost from your fellow traders from around the globe. That’s why we’ve identified an online platform that will help you in your growth in the industry. In this review, we’ll take the time to look at Profit.ly A well-respected 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.
Overall Rating: 4.1/5 Top Penny Stock Today
Value: 4.1/5
Quality: 4.1/5
Costs: 4.1/5
The User’s Experience 4.5/5
Summary
Profit.ly can be described as an online platform for trading that permits traders of all levels to be informative responsible, transparent, and uplifting with each other through its broad variety of tools and features including chat rooms, trade verification and a rich library of educational material.
How do I define Profit.ly?
Profit.ly is a site for trading which serves as a learning and training platform for people who are just beginning their journey and also as a platform for traders with experience to keep track of their performance through the use of cutting-edge analytics tools. Providing users with a wide range of resources for communication and trade that help traders from all walks of life network with each other. It gives the gurus worthwhile investments within the confines of this platform. Imagine it as the social media equivalent like Facebook and Reddit however it is geared towards experts and traders.
Profit.ly independently verifies trade performances and posts all the data of them in the manner of leaderboards. The trading platform is built on trust and transparency. it guarantees that the trades are valid and won’t accept fake news as long as possible. It was created many years ago 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 said that Profit.ly was motivated by its focus “on showing the entire spectrum of trades, something which has never been prior to.” This idea Sykes said served two goals: 1.) keeping track of public data for all traders, not just the gurus as well as newsletter writers and students as well as) making it possible for all users to learn from both losses and wins to the benefit of the trading industry. Top Penny Stock Today
How Does It Perform?
Profit.ly is a subscription-based platform which allows stock traders to gain access to a multitude of services and features geared toward the success of their business. It is possible to create an account there at no cost, however you’re only limited to having the ability to navigate through the leaderboard and observe the activities of people who aren’t gurus. If you’re ready to invest your money and see what stocks the experts are trading in real-time, you will need to join one of Profit.ly’s offerings, which we will review in the coming days.
Setting up an account is simple: Create an account with your experience and expertise, connect your brokerage account, and you have yourself the chance to climb your way up to high on the leaderboard. Profit.ly’s Leaderboard function, which was we’ve mentioned earlier it is designed to provide its users a glimpse of 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 buy with a professional with the confidence that you are confident in their skills and the legitimacy of their assertions.
If you are unsure about the concept of leaking the details of your broker account you can choose to publish your trades, whether verified or not, via photographs. Included in Profit.ly are the vast number of trading courses as well as the ability to look at the stats of a trader’s account, and more ways to interact with your experts 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 is well-known for his involvement in penny stock trading. According to Investopedia Penny stock refers to a small-sized company’s shares that trade for just less than 5 cents per share. The penny stock market is an opportunity for small businesses to transition to a large marketplace as it allows them to access funds from the public. However, don’t get it wrong – it’s also a high-risk game, which Sykes can surely tell thanks to his years of experience.
Beginning in the latter years of High School, Tim Sykes has, since then, made an estimated $6 million profits throughout his illustrious career as a trader. At 25 years old Tim Sykes had received greater exposure and a larger impact as a participant in the reality show “Wall Street Warriors.” He used the opportunity to establish trading rooms, penny stock themes, as well as educational content targeted at people who are brand new to trading. He also helped establish 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 sweet inclusions is the variety of education tools, trade alerts and other helpful stuff provided by the company’s internal gurus. These gurus refer to the trading experts who have proven to make substantial amounts of money through their years of experience. Top Penny Stock Today
At its peak, Profit.ly had housed up to five gurus. Each of them a professional in their niche in the trading industry. Some of the most prominent gurus included 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: Founder and penny stock trader Tim Sykes and veteran smallcap swing trader Paul Scolardi, also known as Superman. In light of that we’ll take a look at what packaged deals each guru can offer.
From Tim Sykes Tim Sykes
Sykes provides a basic stock trading service with the main priority being penny-stock day trading via Tim’s Alerts. At $74.95 monthly, you will observe him focus on fundamental catalysts for stocks and utilize them to predict the next moves that could occur when making trades.
A single purchase in Tim’s Alerts will get you access to the chatroom and the mobile app that’s available to iOS and Android devices, as well as texts, emails and push alerts as well as a daily watchlist of stocks.
Tim Sykes: From Tim Sykes: The Pennystocking Silver Package
Pennystocking Silver is the highest-quality, upgraded version of the Tim’s Alerts program. At $149.95 monthly, this is the perfect plan for investors who are involved in the penny-stock market. Pennystocking Silver includes all the basic features of the previous plan, including swing trading alerts and unlimited access to a library of over 7,000 educational videos and new videos released each week.
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In “Superman” Paul Scolardi: Superman Alerts
Scolardi, who goes by the alias “Superman,” is a trader who has an eye for tiny-cap massive stocks as well as wildly accurate marketing forecasts. Since he began as a trader, Superman has amassed over $5.5 million in total trading earnings. Top Penny Stock Today
The Superman Alerts plan is an offer of the most essential features and alerts on trading geared to those interested. For $147/month, you’ll get access to the daily premarket stock watchlist and the mobile application, daily market commentary in real-time, as well as E-mail and SMS alerts.
The film “Superman” Paul Scolardi: Superman Pro
At $247/month, you get additional features and access to a knowledgeable base of information provided by Superman himself via his Superman Pro package. In addition to the basic features that are included in the Alerts package, Superman Pro gives you weekly video lessonsthat include a growing library of all the previous ones. In addition you’ll also have an access to high-quality research papers and an IPO or earnings monitor.
Profit.ly Plans and Costs
If you’re looking to join the online trading community and leave a mark in the industry, Profit.ly has the right amount of tools to get you up and running. The platform has three membership tiers, each designed for traders with different levels. Let’s take a look at what these three are and how much they will 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. When you sign up for this package you’ll be provided with a variety of powerful and indispensable trading tools, each of them integral in keeping your fingers on what call a competitive process by itself.
The list of features you can accomplish using Profit.ly’s Novice package is the ability to confirm trades and track profits as well as leading, following, and even messaging other traders; and giving feedback on the trades of today. You’re also allowed to get on leaderboards, analyze, sort, and filter your trades and, finally, see other’s stats.
The Novice plan is $29.95 per monthly payment. Although it looks attractive just by the price however, there’s a drawback. You aren’t able to create a personal profile, thus making your personal information public. If you’re interested in gain access to this feature, you should stay tuned as we introduce to you Profit.ly’s next plan.
Trader Plan
The Trader plan allows you to take advantage of a majority of features from The Novice package. It is in this plan that you are able to create a private profile for sharing with fellow associate users all your knowledge and information you have gained from trader’s community.
Costing $49.95/month, Profit.ly’s Trader plan does what the name suggests: Cater for those looking to improve their trading skills. As nice as it seems, there is one significant feature that is missing. As opposed to the prior Novice package, you will not be able view other traders’ statistics, which could be a disadvantage for some who may be anticipating this level. Top Penny Stock Today
Pro Plan
The Pro plan is the highest premium package that Profit.ly can offer to experienced traders. It costs $74.95 monthly, which includes an additional 22% discount for annual billing, this tier has everything. You get full, no-holds-barred access to all the options of the previous plans combined.
Not only do you get to look at other people’s statistics and data, but you also have the chance to create an individual profile. Both of these features, on top of all the advantages you’ll be able to 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 plan is ideal for you!
Profit.ly’s Other Services
In addition to the tools for training and leaderboards, Profit.ly provides a variety of additional services that it can provide. One of those is its online store, which allows users to choose from a wide array of instructional videos that are created to provide guidance on the ins and outs of trading. All of the products featured in this section of the site can be immediately purchased for personal use. Among these products include best-sellers such as”Trading Tickers,” the “Trading Tickers” series by trading specialist Tim Grittani, Timothy Sykes’s collection of DVDs and streaming-only content related to penny stocking, short stocking, and other things trading-related, clips and clips of the Annual Pennystocking Conference, and products from other expert traders.
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The chat rooms that are integrated are also part of Profit.ly’s variety of services and features. You may be familiar with the chat room since you can see it across social and messaging platforms, in addition to a few special websites that offer live chat assistance. But in Profit.ly, it is seen as a real-time place where gurus and their member traders can communicate and learn in real time. Every guru has their own style when it comes to running their chat room and in dealing with the members there. One of them may be more laid back and rarely engaged, while another could be more active and in touch with their students. Think of the chat rooms like Profit.ly’s version of the forum, in the essence.
Who is the best Trader for Profit.ly?
Profit.ly’s wide range of products and features cater to the wide range of stock traders, ranging from beginners to experienced pros. Considering the number of offers it has to offer, the platform surely has something for all.
Beginners, for instance, will appreciate Profit.ly’s library of learning materials available across the platform. In addition, they will be enriched with weekly videos and chat room advice from its in-house gurus and their members. They’ll also be able choose from the items in its online store that they can take with them wherever they may travel. Additionally, they can gain practical experience trading on the platform, but ultimately, they will soon learn that the process is a risky game that should not be viewed as an opportunity to make fun of.
For those traders who have had decades of experience in the road, we consider Profit.ly equally suited for them as it is for the newcomers. While the newbies may not be as proficient in handling trading matters however, experienced traders know how it works along with the stack full of risks associated with it. In the ideal scenario, they can use Profit.ly’s range of features to their full advantage to develop their trading abilities. Like novices, they can learn from the experts and experts and utilize those simple tips and hints along the way.
Profit.ly’s “all-in” approach does not only apply to beginners as well as semi-seasoned traders. Verified experts can also join in the excitement! Those in the trading industry who are on the same level as Superman and Tim Sykes can also use Profit.ly’s capabilities. Profit.ly’s abilities to show off their skill to others as a way to help assist them in the ever-changing trading process. Top Penny Stock Today
Profit.ly’s Pros and Pros and
The Pros
- Profit.ly’s numerous capabilities as a “one-stop” stock trading platform allows traders from all over the world with a wealth of education tools, communication, and trading tools
- You’ll be taught by experts and advice from the company’s inside experts, as well as libraries of educational videos and real-time trading activities
- You’re assured of transparency throughout Profit.ly with precise analytics as well as other traders that are waiting to reach you out if something occurs.
- The platform’s leaderboard feature gives you a way to build your credibility as a trustworthy and authentic trader
- In addition to its primary features, Profit.ly also gives its customers extra options that can be tailored to their individual preferences, for instance, posting unauthentic trades via photographs
- Profit.ly’s variety of subscription plans and guru packages are priced at a reasonable cost There’s 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 customers
- If traders decide to make any type of trade, there is the possibility that some of them will profit by selecting the best trades in order to improve their ratings This could be a concern that should not be ignored.
- Profit.ly does not accept refunds, as the premium customers are expected to instantly benefit from the number of services the platform has to provide
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The Final Verdict: Is Profit.ly Worth It?
If we were able to come up with an answer to this question, it would be yes. However, you must realize that the platform should not be used as a quick-fix scheme to make money. The platform wasn’t originally meant to be designed in this way. Instead, you need to have an open mind. Top Penny Stock Today
What we do mean”yes” is it could be a useful learning tool. For those who are struggling, they might find Profit.ly’s variety of resources to be helpful in their efforts to reduce losses and be more successful than they did before. It’s not just the poor traders that can benefit from the platform. It can accommodate beginners and even experts in the field!
If you truly want to become better at trading and wish to learn from your peers and experts on the way, take a look at Profit.ly. Profit.ly is a fantastic option to begin.
FAQ Top Penny Stock Today
How can you make use of Profit.ly to post your trades?
Profit.ly offers an entry section for trades under the My Trade’ category of the dashboard that lets you record your trades that are verified or otherwise. You may choose between 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 transactions
How can I tell if the trade is verifiable or not?
If you buy your trade from a trusted brokerage, there’s the likelihood that it can be verified. This is indicated with the blue check mark. If you upload the information manually or via screenshots, it will automatically be classified as unverified.
The disadvantage of an unauthenticated trade is the possibility of receiving negative feedback from colleagues. Too many downvotes may cause you to show up in the Madoff leaderboard, where users can detect who’s being dishonest in posting trades.
Are the Profit.ly mobile app still available?
As of this writing, Profit.ly is still available for download on the Apple App Store and the Google Play store. The mobile app version is compatible with the majority of working smartphones and tablets.
How many are connected to 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 to help one another develop and grow in their ability to take advantage of stock market opportunities both right and left.
