The stock market can be an extremely risky game. Some days, you might be reaping the benefits of positive and satisfying numbers. However, on other days you may experience the opposite and it can be very difficult to return to where you were at your most productive. If you are constantly stuck in the gutter it is important to realize that relying on pure instinct and preservation might not be enough.
If you’ve suffered loss from time to time and you’re likely to require reliable advice from tested and tried trading experts. Additionally, you’ll require an important boost from colleagues in the market from all over the world, which is why we’ve discovered a platform that can support you in your improvement in the market. This review will be taking an in-depth look at Profit.ly is a well-known 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. Do check out our article below, however, because it has a comprehensive overview of Profit.ly.
Overall Rating: 4.1/5 Twitter Penny Stock
User Experience: 4.5/5
Profit.ly is an online trading platform that allows traders of various levels to be informative, transparent, accountable, and encouraging each other through its broad range of features and tools such as trade verification, chat rooms, and an enriched library of educational content.
What exactly is Profit.ly?
Profit.ly is a site for trading that serves both as a learning and education platform for those who are starting out and also as a platform for experienced traders to track their performance using the aid of cutting-edge analytics tools. Providing users with a wide range of resources for communication and trade that help traders from every field of business connect with one another. It gives the gurus worthy investments within the boundaries of the platform. Imagine it as a social media site akin like Facebook and Reddit but with a focus on experts and traders.
Profit.ly independently verifies trade performances and posts all the data from them in the style of leaderboards. The platform for trading is built on transparency and honesty: it ensures that the trades are authentic and won’t allow for fraud as much as possible. It was founded in the past by penny stock trade expert and investment expert Timothy Sykes, along with the other expert Michael Mosseri.
One time during his interview with Forbes publication, Sykes declared that Profit.ly was motivated by its focus “on the transparency of the entire spectrum of trades, something which was never prior to.” The concept Sykes said served two goals: 1.) keeping track of public data for everyone, not just the experts and newsletter authors and students as well as) allowing all users to gain insight into the losses and wins to benefit the industry of trading. Twitter Penny Stock
How Does It Perform?
Profit.ly utilizes a subscription model that allows stock traders to gain access to a multitude of tools and services that are geared toward the success of their business. You can create an account at no cost, however you’re limited to the capability to browse the leaderboards and monitor the activities of people who aren’t gurus. If you’re looking 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 offers, which we will discuss in the near future.
Making an account simple: Create a profile with your experiences and skills, join 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 we’ve mentioned earlier, is designed to give its users an insight into how the community of traders performs and its gurus. You’re not just allowed to prove value to a group of traders. You can also utilize Profit.ly to purchase with a guru, and have the assurance that you’re comfortable in their skills and the veracity of their claims.
If you’re not comfortable with the concept of leaking your brokerage account, you may decide to share your trades, either verified or otherwise, through photographs. Also included in Profit.ly is the huge selection of trading classes, the ability to view stats in a trader’s profile and other methods to interact with your experts in the chatroom, as well as notifications via email or text as well as updates.
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Meet Tim Sykes, the founder: Tim Sykes
Timothy Sykes is a well-renowned day trading personality who has been famously known for his involvement in the penny-stock market. According to Investopedia Penny stock refers to a small company’s stock which trades at under $5 for each share. Penny stock trading could be viewed as an avenue for small companies to move into a larger market because it gives them access to money from the general public. However, don’t get it wrong – it can also be an extremely risky activity, as Sykes can surely tell thanks to his years of experience.
From his beginnings in the latter years of high school, Tim Sykes has, since then, made more than $6 million in profit throughout his illustrious career as a trader. At 25 years old, he had been given greater exposure and an even wider influence over time when he was a part of the reality series “Wall Street Warriors.” Then, he took advantage of it to develop trading rooms and penny stock themes and educational material aimed at those who are just beginning to learn about trading. He also played a role in establishing 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 most appealing features is the vast array of learning sources, trade alerts as well as other useful information provided by the in-house experts of the platform. These gurus refer to the trading experts who have made substantial profits from their combined years of experience. Twitter Penny Stock
At its height, 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 prominent gurus included Connor Bruggermann, Nathan Michaud of Investors Underground, and Triforce, among a few others. As of this writing, only two gurus 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. With that taken into consideration, let’s take a look at the packaged offers each guru offers.
From Tim Sykes Tim Sykes: Tim’s Alerts
Sykes offers basic stock trading services which focuses on penny-stock day trading via Tim’s Alerts. Costing $74.95 monthly, you’ll be able to see him concentrate on the basic stock catalysts and employ 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 available on iOS and Android devices, as well as 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 program. At $149.95 monthly, it is a great option for those who are more invested in penny stock trading. Pennystocking Silver includes all the basic features that were included in earlier plans which includes alerts for swing trading and access to a library of over 7,000 educational videos and new videos released weekly.
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From “Superman” Paul Scolardi: Superman Alerts
Scolardi who is known under the alias “Superman,” is a trader who has an eye for small-cap monumental stocks and crazy-accurate marketing forecasts. Through the years since when he first started trading, Superman has amassed over $5.5 million in total trading profits. Twitter Penny Stock
The Superman Alerts plan is his offering of essential features and trading alerts targeted to those interested. For $147/month, you’ll get an access to the day-to-day stock watchlist that is premarket along with the mobile application, daily market commentary shown in real-time, and SMS and e-mail alerts.
In “Superman” Paul Scolardi: Superman Pro
For the price of $247, you receive additional features, plus access to a knowledgeable base provided by Superman himself, via the Superman Pro package. In addition to the basic features featured in the Alerts plan, Superman Pro gives you weekly video lessons, including an ever-growing library of previous lessons. In addition, you’ll also get access to premium research reports and an IPO and earnings tracker.
Profit.ly Plans and Costs
If you’re eager to join the world of online trading and leave a mark in the field, Profit.ly has the right amount of resources to help you up and running. The platform has 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.
This package for novices is Profit.ly’s beginning-of-the-line plan specifically for people who are brand new to the trading world. Once you have signed to this plan, you will be immediately provided with a variety of powerful and indispensable trading tools, all of which is essential to keep your fingers on what call a competitive procedure in its own.
The list of features you can do with Profit.ly’s Novice package include the ability to verify trades and track profits and follow-up, leading and even chatting with other traders; and giving feedback on the trades of today. You can also get on leaderboards, analyze, sort, or filter the trades you make; and, lastly, view the statistics of other traders.
The Novice plan is $29.95 per month. While it may look attractive just by the price, there is a downside. It isn’t possible to create a private profile, thus making your actions public. If you do want to gain an account with this option, be watching for us to introduce to you Profit.ly’s next strategy.
The Trader Plan
The Trader package allows you to use many of the features of the novice plan. In this plan, that you can set up an account that is private to share with other associate users all the insights and information you have gained from this trading group.
The price is $49.95/month, Profit.ly’s Trader plan is exactly what it says caters to those who desire to develop their skills in trading. While it’s nice however, there’s a crucial feature that is missing. In contrast to the Novice package, you will not be able to view the statistics of other traders this might be a drawback for those who are eager to try this new tier. Twitter Penny Stock
The Professional plan can be described as the highest luxurious package Profit.ly offers to experienced traders. It costs $74.95 per month, which includes a 22% discount for billing annually the Pro plan has it all. You will have full, unrestricted access to all options of the prior plans.
You’re not only able to view other people’s stats, but you’re also given the chance to create an individual profile. Both of these options, plus the other advantages you’ll be able to use to the maximum extent. If you’re looking for an account that will give you with everything you require as an experienced trader, the Pro level is for you!
Profit.ly’s Other Services
Apart from the trainer tools and leadersboards Profit.ly has a few other services they provide. One of those is its online store, where customers can select from a variety of video products created to provide guidance on the nuances and pitfalls of trading. The products listed in this section of the website can be immediately purchased for personal use. These include best-selling products like the “Trading Tickers” series by trading specialist Tim Grittani, Timothy Sykes’s library of DVDs and streaming-only content about penny stocking, short stocking, as well as all related to trading, videos and scenes taken from the Annual Pennystocking Conference, and items from other experts in trading.
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The chat rooms that are integrated are included in Profit.ly’s variety of features and services. You are probably familiar with the concept of chat rooms since you can see it across messaging and social platforms, as well as some specialty websites that provide live chat support. But in Profit.ly the chat room is viewed as a real-time space where experts and their members trade and learn in real time. Every guru has their own style in running their chat rooms and dealing with the listed members there. One might be a laid-back person who is not very often active, while another might be more interactive and online in their interactions with students. Think of the chat rooms like Profit.ly’s version of the forum, in its essence.
Who is the best Trader for Profit.ly?
Profit.ly’s variety of offerings and features are geared towards the wide range of stock traders, from novices to the most experienced. With the variety of deals it can provide it is certain to have something for everyone.
For instance, newbies will appreciate Profit.ly’s collection of educational information available on the platform. Not only will they be provided with videos every week and chat room tips by its internal gurus and members. They’ll also be able to pick from the merchandise available on its store online to carry with them wherever they may be. Additionally, they can gain practical experiences by trading through the platform, but ultimately, they will soon learn that trading is a high-stakes game that shouldn’t be treated as an opportunity to make fun of.
For the traders with many years of experience down the road, we consider Profit.ly equally suitable to those who are just starting. Although the novices might not be as proficient in handling trading matters but the experts already know how it works along with the risky mix that come with it. Ideally, they may use Profit.ly’s variety of options to their maximum advantage to enhance their skills in trading. Like novices, they can study from the gurus and experts and utilize those quick tips and tidbits along the way.
Profit.ly’s “all-inclusive” nature does not only apply to beginners and semi-experienced traders. Certified experts can also take part in the fun! Those in the trading industry who are at an equal level with Superman as well as Tim Sykes can also use up Profit.ly’s abilities to show off their expertise to other traders as a way to help navigate them through the ever-changing trading process. Twitter Penny Stock
Profit.ly’s Pros and Pros and
- 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 receive excellent training and tips from the inside experts, as well as libraries of educational videos and trading in real-time.
- You’re guaranteed transparency throughout Profit.ly by using accurate data as well as other traders that are waiting to reach you out whenever something happens
- The platform’s leaderboard feature gives you a way to build your credibility as a trustworthy and verifiable trader
- Apart from its core features, Profit.ly also gives its customers extra options that can be tailored to their individual preferences, for instance, posting unverifiable trades through screenshots
- Profit.ly’s wide array of subscription levels and guru packages are priced at a reasonable cost There is truly something for everyone
- Profit.ly’s abundance of products and packages offered might be too much for the majority of its users
- If traders decide to open any kind of trade, there is an opportunity that some them will profit by cherry-picking the best trades to boost their rating This could be a risk that shouldn’t be overlooked.
- Profit.ly will not allow refunds because 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 The Final Verdict: Is Profit.ly worth it?
If we could think of the answer, it would be a ‘yes’. But you need to understand that it shouldn’t be treated as a get-rich-quick scheme. It wasn’t intended to be created in this way. Instead, you need to have the ability to think with an open heart. Twitter Penny Stock
What we do mean by ‘yes’ is that it is a fantastic learning tool. People who are stuck might be able to find Profit.ly’s variety of resources to be helpful when they try their best to avoid loss and perform better than before. Not only struggling traders that will benefit from this platform. It is able to accommodate novices and even experts!
So, if you genuinely want to become better at trading and wish to be taught by your mentors and peers throughout the process, then you should look no further than Profit.ly. Profit.ly is a fantastic alternative to start.
FAQ Twitter Penny Stock
How can you make use of Profit.ly to make your trades public?
Profit.ly offers the option of allowing trade entries within the “My Trade’ category of the dashboard. It allows you to post your trades that are verified or otherwise. There are three choices:
- Linking your account with your broker of choice and import transactions directly through there
- Manually entering your trades using specified spaces and information.
- Upload a screenshot of your transactions
How can I tell whether the trade can be verified or not?
If you import your trade from a trusted brokerage, there is an excellent probability that it’s verifiable. This is shown by the blue check mark. If you submit it manually or through images, it will be assigned as unverified.
The drawback of posting an unauthentic trade is the risk of receiving downvotes from fellow peers. Too many downvotes may result in you appearing in the Madoff leaderboard, which is where the public are able to identify who is dishonest in posting trades.
Does the Profit.ly mobile app still available?
As of the moment, Profit.ly is still available to download from the Apple App Store and the Google Play store. The mobile app version works with all working smartphones and tablets.
How many are using Profit.ly?
Profit.ly currently houses more than 150,000 investors and traders because they are not just looking to earn maximum profits but also assist each other to grow and learn more about acquiring opportunities on the stock market all over the world.