Stock trading is 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 could be extremely difficult to get back to where you were your best. If you are constantly stuck in the gutter it is important be aware that relying solely on instinct and survival is not always enough.
If you’ve suffered loss from time to time, you’re gonna be needing solid advice from seasoned and tested trading experts. You’re also gonna need an enormous boost from your trading partners from all over the globe. That’s why we’ve found a platform that can support you in your growth in the market. We’ll be taking the time to 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. Do check out our article below, however, because it has a comprehensive overview of Profit.ly.
Overall Rating: 4.1/5 Webull Penny Stock Fees
Value: 4.1/5
Quality: 4.1/5
Costs: 4.1/5
Users Experience 4.5/5
Summary
Profit.ly offers an internet-based trading service that allows traders of various levels to be informed responsible, transparent, and to build relationships with each other through its broad array of tools and features 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 that serves both as a learning and education platform for those new to trading and also as a platform for traders with experience to keep track of their performance through the use of advanced analytics tools. Offering users a broad variety of tools to facilitate trade and communication that help traders from all walks of life network with each other. It offers gurus with worthwhile investments within the confines that the site. Consider it the social media equivalent to Facebook and Reddit however it is geared towards professionals and traders.
Profit.ly independently validates trade performance and publishes all data from them in the style of leaderboards. The platform’s trading model is based on trust and transparency. it guarantees that the transactions are legitimate and will not tolerate inauthenticity as much as possible. It was created many years ago by penny stock trade expert and investment expert Timothy Sykes, along with the other expert Michael Mosseri.
One time , during an interview for Forbes magazine, Sykes said that Profit.ly was based “on showing every trade, something that was never prior to.” The concept was, he said, serving two goals: 1.) making public records for not just the gurus and newsletter authors and students and secondly) making it possible for all users to be enlightened by both losses and wins to benefit the industry of trading. Webull Penny Stock Fees
How Does It How Does It
Profit.ly follows a subscription-based model which allows stock traders to benefit from a variety of tools and services that are geared towards achieving the success of their business. You may set up an account there at no cost, however you’re only limited to having access to the leaderboard and follow the activities of people who aren’t gurus. If you’re interested in investing your money to see which stocks the gurus are trading in real-time You’ll need to sign up to one of Profit.ly’s offerings that we’ll discuss in the near future.
The process of opening an account is simple: Create a profile with your experiences and knowledge, then connect to your brokerage account and you’ll be given the chance to climb through the top of the leaderboard. Profit.ly’s leaders’ board feature as previously mentioned, is designed to give its users an insight into their performance as a trading group and its experts. You’re not just allowed to show value to a community of traders, as you are also able to use Profit.ly to shop from a guru with the assurance that you’re comfortable in their skills and the credibility of their assertions.
If you’re not comfortable with the idea of divulging your brokerage account, you can opt to post your trades, whether verified or not, via photographs. In Profit.ly are a variety of courses in trading and the capability to see statistics on a person’s profile, and more ways to communicate with your gurus through the chatroom as well as text and e-mail alerts and updates.
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Meet the Founder: Tim Sykes
Timothy Sykes is a well-renowned day trader who has been 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 less than $5 per share. The trading of penny stocks can be seen as an avenue for small companies to move into a larger market because they can access funds from the general public. But don’t be mistaken – it can also be a high-risk game, which Sykes is sure to reveal through his many years of experience.
Beginning in his late years in the high schools, Tim Sykes has, since then, made over $6 million of profit during his long and successful career as trader. At the age of 25, he had been given greater exposure and a larger impact as a participant in the reality show “Wall Street Warriors.” Then, he used the opportunity to develop trading rooms and penny stock themes as well as educational content targeted at those who are new to the trading field. He also helped to establish Profit.ly as a platform for transparency, and for the community to lift each other up and compete through the platform.
The Profit.ly Gurus
One of Profit.ly’s sweet inclusions is the wide range of learning resources, trade alerts, and other useful stuff offered by the in-house experts of the platform. These gurus refer to the experts in trading who have made substantial profits from their collective years of knowledge. Webull Penny Stock Fees
At its height, Profit.ly had housed up to five gurus, all of them an expert within their particular field within the world of trading. Some of the most prominent experts were Connor Bruggermann, Nathan Michaud of Investors Underground, and Triforce, among a few others. As of this writing, however, 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. With that taken into consideration we’ll take a look at the packaged offers each guru has to offer.
From Tim Sykes Tim Sykes
Sykes offers an essential stock trading service with the main priority being penny stock day trading through Tim’s Alerts. At $74.95 for a month you’ll be able to be able to see him concentrate on the basic stock catalysts and employ them to predict the next moves that could occur when making trades.
A single purchase of Tim’s Alerts will get you access to the chatroom and the mobile application that is available on iOS and Android devices, email, text 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 program. At $149.95 monthly, this is a great option for investors who are involved in investing in penny stocks. Pennystocking Silver comes with all the standard features found in the previous plan, which includes swing trading alerts and unlimited access to a library of more than 7,000 instructional videos and new videos released every week.
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From “Superman” Paul Scolardi: Superman Alerts
Scolardi, who goes by the name “Superman,” is a swing trading professional with an eye for both small-cap monumental stocks and crazy-accurate marketing forecasts. In the time since the time he started trading, Superman has amassed over $5.5 million in trading earnings. Webull Penny Stock Fees
The Superman Alerts plan is an offering of essential features and trading alerts targeted towards those who might be interested. For $147 per month, you’ll gain access to the daily premarket stock watchlist along with the mobile application, daily market commentary 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 of information provided by Superman himself through the Superman Pro package. On top of the essentials included in the Alerts plan, Superman Pro gives you weekly video lessons, including a growing library of all previous lessons. On top of that you’ll also gain the ability to access premium reports on research as well as the IPO and earnings tracker.
Profit.ly Plans and Costs
If you’re ready to join the world of online trading and make a mark on the field, Profit.ly has the right amount of resources to help you started. The platform has three membership tiers that cater to traders at different levels. Let’s look at what the three levels are and what they’ll cost you.
Novice Plan
The package called Novice is Profit.ly’s entry-level plan designed especially for people who are brand new to the trading community. Once you have signed to this plan, you will be immediately provided with a variety of powerful and essential trading tools, each one of them essential in keeping your hands on what we could call a ruthless process by itself.
The list of features you can do using Profit.ly’s Novice package is the capability to check the results of your trades and track profit as well as leading, following, and even messaging your fellow traders, as well as leaving feedback on today’s trades. You’re also allowed to get on leaderboards; analyze the results of your analysis, sort, as well as filter trades and lastly, look at other’s stats.
The Novice plan will cost $29.95 per month. Although it might look appealing for the price alone however, there’s a drawback. It isn’t possible to create a private profile, which makes your personal information public. If you do want to gain the benefit of this service, you should stay tuned as we introduce to you Profit.ly’s new plan.
Trader Plan
The Trader plan allows you to take advantage of the majority of features available in the novice plan. It is in this plan that you can create an individual profile that allows you for sharing with fellow associate users all your knowledge and intel in the trading community.
The price is $49.95/month, Profit.ly’s Trader plan does what the name suggests catering people who want to develop their expertise in trading. As nice as it seems but there’s one important element that’s missing. As opposed to the prior Novice package, this one won’t be able to see the statistics of other traders, which could be a problem for those looking forward to this tier. Webull Penny Stock Fees
Pro Plan
This is by far the highest luxurious package Profit.ly could offer for seasoned traders. At $74.95 per month, with an additional 22% discount when billed annually the Pro plan has it all. It gives you full, unlimited access to all features of the previous plans combined.
You’re not only able to look at other people’s statistics and data, but you also have the chance to create your own private profile. These two features are in addition to the advantages you’ll be able to use to their fullest capacity. If you’re looking for an account that will give you everything you need as trader with experience, the Pro tier could be ideal for you!
Profit.ly’s Other Services
Apart from the 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 lets users select from a variety of video products designed to inform and guide you through the ins and outs of trading. All of the products featured on this page of the site can be purchased immediately for personal use. Among these products include best-sellers such as”Trading Tickers,” the “Trading Tickers” series from trading specialist Tim Grittani, Timothy Sykes’s library of DVDs and streaming-only content related to short stocking, penny stocking, and all other aspects of trading. There are also clips and clips taken from 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 range of features and services. You may be 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 hands-on space where experts and their members trade and learn in real time. Each guru has their style when it comes to running their chat room and in dealing with the members there. One might be more laid back and rarely active, while another might be more online and communicative in their interactions with students. Consider chatrooms as Profit.ly’s version of the forum, in essence.
Who is the ideal Trader for Profit.ly?
Profit.ly’s variety of offerings and features are geared towards a large variety of stock traders, from novices to the most experienced. With the variety of deals it offers it is certain to have something for every person.
Newbies, for instance, can take advantage of Profit.ly’s knowledge-based content offered throughout the platform. They will also be provided with videos every week and chat room advice from the in-house experts and members. They’ll also be able to choose from the items in its online store to carry with them wherever they be. They can also gain hands-on experiences from trading within the platform, but ultimately, they will soon learn that trading is a risky game that should not be viewed as a joke.
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. While the newbies may not be as adept at dealing with trading issues however, experienced traders know how it works along with the risky mix that it carries. It is ideal to use Profit.ly’s array of features to their full advantage to improve their trading abilities. Like beginners, they can learn from the experts and experts , and use those simple tips and hints to help them along.
Profit.ly’s “all-inclusive” nature does not only apply to beginners and semi-experienced traders. Verified experts can also join in the excitement! 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 showcase their skill to others as a way to guide them through the ever-illustrious trading process. Webull Penny Stock Fees
Profit.ly’s Pros and Pros and
The Pros
- Profit.ly’s numerous capabilities as a “one-stop’ stock trading platform allows traders across the globe with tons of learning communications, trading, and communication tools
- You will be provided with excellent lessons and tips from the internal experts, which include collections of educational videos as well as live trading activity.
- You can be sure of complete transparency through Profit.ly with accurate analytics and fellow traders ready to call you out if something occurs.
- The leaderboard feature of the platform offers you a way to build your reputation as a reliable and authentic trader
- Apart from its core abilities, Profit.ly also gives its customers additional options to meet their preferences, such as posting unverifiable trades through images
- Profit.ly’s wide array of subscription plans and guru packages are priced at affordable rates There is truly something for all
The Cons
- Profit.ly’s abundance of products and packages offered might not be enough for the majority of its users
- If traders decide to open any kind of trade, there is a possibility that some of them may take advantage by cherry-picking the best trades to boost their rating This could be a concern that should not be overlooked.
- Profit.ly will not allow refunds, as the premium customers will 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 come up with an appropriate answer for this query, it would be an affirmative “yes”. However, you must realize that the platform should not be used as a scheme to get rich quick. The platform was not always designed to be used to achieve this goal. Instead, you should have curiosity. Webull Penny Stock Fees
What we are referring to”yes” is that it could be a useful learning tool. For those who are struggling, they may find Profit.ly’s array of resources helpful when they try their best to avoid losses and be more successful than before. It’s not just the struggling traders who will benefit from the platform. It can accommodate beginners and even experts!
So, if you genuinely desire to be better at trading and wish to be taught by your peers and experts throughout the process, then you should look no further than Profit.ly. Profit.ly could be a good alternative to start.
FAQ Webull Penny Stock Fees
What are the best ways to use Profit.ly to post your trades?
Profit.ly includes a trade entry portion within the My Trade category on the dashboard which lets you record your trades, verifiable or otherwise. There are three choices:
- Linking your account to the brokerage of choice and then importing trades directly from there
- Manually inputting your trades with provided spaces and specifics
- Send a screen shot of your transactions
What can I do to determine whether the trade is authentic or not?
If you buy your trade through a reliable brokerage, there is the likelihood that it can be verified. This is evident by the blue check mark. If you upload it manually or through screenshots, it will automatically be classified as unverified.
The disadvantage of an unauthentic trade is the possibility of receiving downvotes from friends and colleagues. A large number of downvotes could result in you appearing in the Madoff leaderboard, which is where the public are able to identify who is dishonest in posting trades.
Is the Profit.ly mobile app still available?
As of this writing, Profit.ly is still available to download from the Apple App Store and in the Google Play store. The mobile version of the app is compatible with most working smartphones and tablets.
How many people are connected to 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 assist each other to learn and improve in acquiring opportunities on the stock market all over the world.
