The stock market can be a high-stakes game. On some days, you might be reaping the benefits of positive and satisfying numbers. On other days it could be the reverse, and it may sometimes be extremely difficult to get back to where you were your most productive. If you’re immersed in the water You will need be aware that relying solely on your instincts and preserving is not always enough.
If you’ve experienced occasional losses, you’re gonna be needing reliable advice from tested and tried trading experts. Also, you’ll need an important boost from trading partners from all over the world, which is why we’ve identified an option that can help you in your growth in the market. This review will be taking an in-depth 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.
Total Rating: 4.1/5 What Is A Good Market Cap For A Penny Stock
Users Experience 4.5/5
Profit.ly offers an internet-based trading service that allows traders of all levels to be informative, transparent, accountable, and uplifting with each other through its broad range of features and tools including chat rooms, trade verification, and an enriched library of educational material.
What is Profit.ly?
Profit.ly is a trading website that functions as a learning and training platform for those who are starting out and as a hub for experienced traders to track their performance using the aid of advanced analytics tools. It provides users with a vast range of resources for communication and trade, it helps traders from every field of business connect with each other. It gives the gurus worthwhile investments within the confines of the platform. Consider it a social media site akin the likes of Facebook and Reddit however it is geared towards traders and experts.
Profit.ly independently verifies trade performances and publishes all data of them in the manner of leaderboards. The platform for trading is built on transparency and honesty: it guarantees that the trades are authentic and won’t tolerate inauthenticity as much as possible. It was founded years ago by the penny stock trade expert and investment guru Timothy Sykes, along with his colleague Michael Mosseri.
One time during his appearance in Forbes magazine Sykes said that Profit.ly was motivated by its focus “on showing the entire spectrum of trades, something which was never prior to.” The concept, he added, served two objectives: one) creating public track records for everyone, not just the experts and newsletter authors and students and secondly) making it possible for all users to gain insight into the losses and wins for the trading industry’s benefit. What Is A Good Market Cap For A Penny Stock
How Does It How Does It
Profit.ly is a subscription-based platform that allows stock traders to have access to a range of tools and services that are geared toward achievement. You may set up an account on the site for free, but you’re limited to the ability to navigate through the leaderboard and observe the actions of non-gurus. If you’re looking to invest your money in order to find out what stocks the experts are trading in real-time, you will need to sign up to one of Profit.ly’s deals, which we will discuss in the near future.
The process of opening an account is simple: Create an account that includes your personal information and knowledge, then connect to your brokerage account and you’ll have an opportunity to make through the top of the leaderboard. Profit.ly’s Leaderboard function, which was previously mentioned it is designed to provide its users a look at their performance as a trading group and its experts. It’s not only a chance to prove your worth to a community of traders. You can also use Profit.ly to shop from a guru with the confidence that you are confident of their knowledge and the credibility of their claims.
If you’re not comfortable with the idea of divulging your brokerage account, you may opt to post your trades, either verified or not, by taking pictures. Also included in Profit.ly is the huge selection of courses in trading and the capability to see the stats of a trader’s account, and more ways to interact with your experts in the chatroom, along with email and text alerts as well as updates.
Meet the Founder: Tim Sykes
Timothy Sykes is a well-renowned day trading guru who is famously known for delving his hands into the penny-stock market. According to Investopedia the term “penny stock” refers to a small-sized company’s stock that trades for just less than 5 cents per share. The penny stock market is a stepping stone for small companies to move to a market that is larger as it allows them to access funds from the public. But don’t be mistaken – it can also be an extremely risky game, as Sykes can surely tell because of his decades of expertise.
Since his initial beginnings in his late years in high school, Tim Sykes has, since then, made more than $6 million in profits throughout his illustrious career as a trader. At the age of 25, he had been given more exposure and a wider influence over time when he became part of the reality TV show “Wall Street Warriors.” Then, he made use of the show to develop trading rooms and penny stock themes and educational content geared toward those who are new to trading. He also played a role in establishing Profit.ly as a place of openness, and for the community to uplift and compete against each other on the platform.
The Profit.ly Gurus
One of Profit.ly’s most appealing features is the vast array of education resources, trade alerts, as well as other useful information provided by the company’s internal gurus. Gurus are referred to the trading experts who have made substantial profits through their years of expertise. What Is A Good Market Cap For A Penny Stock
At its peak, Profit.ly had housed up to five gurus. Each of them an expert in their niche within the world of trading. Some of the most prominent experts included Connor Bruggermann, Nathan Michaud of Investors Underground, and Triforce as well as a handful of others. As of this writing, only two gurus remain on the platform: 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 look at the packaged offers each guru can offer.
From Tim Sykes Tim Sykes
Sykes provides an essential stock trading service with the main priority being penny-priced day trading with Tim’s Alerts. At $74.95 for a month you will be able to see him concentrate on the basic stock catalysts and employ them to predict the next possible moves in trading.
A single purchase in 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, 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 most premium version, with an upgraded version of Tim’s Alerts program. It costs $149.95 monthly, it is a great option for those who are more committed to the penny-stock market. Pennystocking Silver offers all the essential features that were included in earlier plans including swing trading alerts and unlimited access to a library of more than 7,000 instructional videos and new videos released weekly.
From “Superman” Paul Scolardi: Superman Alerts
Scolardi who is known under the alias “Superman,” is a professional in swing trading with an eye for both massive stocks of the small-cap size and insanely accurate marketing forecasts. Since the time he started trading, Superman has amassed over $5.5 million in all-time trading profits. What Is A Good Market Cap For A Penny Stock
The Superman Alerts plan is his package of vital features and alerts on trading geared towards those who might be interested. For $147/month, you’ll get an access to the day-to-day stock watchlist that is premarket as well as the mobile application, daily market commentary shown in real-time, as well as E-mail and SMS alerts.
The film “Superman” Paul Scolardi: Superman Pro
For the price of $247, you receive additional features and access to the extensive knowledge 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 lessons, including an ever-growing library of the previous ones. In addition you’ll also gain an access to high-quality research papers and the IPO and earnings tracker.
Profit.ly Programs and Costs
If you’re ready to join the online trading community and leave a mark in the industry, Profit.ly has the right amount of resources to help you up and running. Profit.ly offers three membership levels that cater to traders at different levels. Let’s take a look at what these three tiers are and how much they’ll cost you.
The package called Novice is Profit.ly’s entry-level plan designed especially for those who are new to the trading world. Once you have signed up for this package you’ll be provided with a variety of powerful and indispensable trading tools, all one of them essential 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 include the ability to verify the results of your trades and track profit as well as leading, following and even texting other traders; and providing feedback on trades today. You can also get on leaderboards, analyze, sort, as well as filter trades and, lastly, view other people’s statistics.
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 account, making your personal information public. If you’re looking to gain an account with this option, stay tuned as we introduce to you Profit.ly’s new plan.
The Trader Plan
The Trader package allows you to use a majority of features from the Novice plan. It is in this plan that you are able to create an account that is private to share 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 is exactly what it says caters for those looking to develop their trading skills. As nice as it seems, there is one significant element that’s missing. In contrast to the Novice package, you won’t be able view other traders’ statistics this could be a disadvantage for those who are anticipating this level. What Is A Good Market Cap For A Penny Stock
This is by far the most luxurious package Profit.ly offers to experienced traders. With $74.95 each month and an additional 22% discount for billing annually This plan offers everything. It gives you full, unlimited access to all options of the previous plans.
Not only do you get to see other users’ stats and data, but you also have the option of creating an individual profile. These two features are in addition to the advantages that you can utilize to the fullest potential. If you’re looking for a plan that can serve all the features you need to be an experienced trader, the Pro level is ideal for you!
Profit.ly’s Other Services
Apart from the provided tools for training and leaderboards, Profit.ly has a few other services they offer. One of those is its online store, which allows users to choose from a wide array of videos created to guide you through the ins and outs of trading. The products listed in this section of the website can be purchased immediately for personal use. These include best-selling products such as”Trading Tickers, “Trading Tickers” series by trading expert Tim Grittani, Timothy Sykes’s library of DVDs and streaming-only content related to penny stocking, short stocking, and other things trading-related, clips and scenes of events like the Annual Pennystocking Conference, and other products by expert traders.
The chat rooms that are integrated are also part of Profit.ly’s variety of services and features. You’re probably familiar with chat rooms since you can see it across social and messaging platforms, and also on a few specialty websites that provide live chat support. However, in Profit.ly it’s seen as a hands-on place where gurus and their members trade and learn in real time. Each guru has their style when it comes to running their chat room and dealing with the listed members there. Some may be a laid-back person who is rarely active, while another may be more active and in touch in their interactions with students. Consider chat rooms like Profit.ly’s version of the forum, in essence.
Who is the Ideal trader to Profit.ly?
Profit.ly’s diverse range of products and features caters to the wide range of stock traders, ranging from beginners to experienced pros. With the variety of deals it can provide this platform definitely has something for everyone.
Beginners, for instance, will enjoy 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 from the in-house experts as well as their members. They’ll also be able select from the products on its store online for them to take wherever they may travel. You can also get hands-on experience trading on the platform, but eventually they’ll be able to realize that trading is a high stakes game that shouldn’t be treated as an opportunity to make fun of.
For those traders who have had many years of experience down the road, we consider Profit.ly equally suitable to them as those who are just starting. While novice traders may not be as proficient in managing trading, the pros already understand how it works along with the stack full of risks that it carries. In the ideal scenario, they can utilize Profit.ly’s array of features to their best advantage to enhance their trading abilities. Like beginners, they can learn from the experts and experts , and use those simple tips and hints along the way.
Profit.ly’s “all-inclusive” nature doesn’t just apply to newbies or semi-experienced trader. Experts who have been verified can also participate in the fun! Trade professionals who are at the same level as Superman as well as Tim Sykes can also use the power of Profit.ly’s abilities to show off their skills to others as a way to help navigate them through the ever-changing trading process. What Is A Good Market Cap For A Penny Stock
Profit.ly’s Pros and Pros and
- Profit.ly’s numerous capabilities as a ‘one-stop’ stock trading platform enable traders across the globe with tons of learning, communication, and trading tools
- You will be taught by experts and insights from its inside experts, as well as libraries of educational videos and real-time trading activities
- You can be sure of complete transparency through Profit.ly with accurate analytics as well as other traders ready to call you out whenever something happens
- The leaderboard feature on the platform gives you the chance to establish your credibility as a trustworthy and verifiable trader
- Apart from its core abilities, Profit.ly also gives its customers extra options that can be tailored to their needs, like posting unauthentic trades via images
- Profit.ly’s wide array of subscription levels and guru packages are priced at a reasonable cost – there truly is something for all
- Profit.ly’s numerous products and packages offered might not be enough for most of its users
- As traders may opt to make any type of trade, there is a possibility that some of them could profit from selecting the best trades in order to boost their rating – this may be a problem that shouldn’t be ignored.
- Profit.ly will not allow refunds, as the premium customers are expected to immediately benefit from the number of services that the platform can offer
The Final Concluding Question is: Is Profit.ly worth it?
If we were able to come up with an appropriate answer for this query, it would be yes. But you need to understand that it shouldn’t be treated as a quick-fix scheme to make money. The platform was not always meant to be designed in this way. Instead, it is best to keep the ability to think with an open heart. What Is A Good Market Cap For A Penny Stock
What we mean”yes” is that it is a fantastic learning tool. For those who are struggling, they might be able to find Profit.ly’s array of resources useful in their efforts to incur lesser losses and be more successful than before. It’s not only the struggling traders who will benefit from this platform. It is able to accommodate novices and even experts!
If you truly want to become a better trader and want to be taught by your mentors and peers throughout the process, then you should look no further than Profit.ly. Profit.ly may be a great alternative to start.
FAQ What Is A Good Market Cap For A Penny Stock
How can you make use of Profit.ly to publish your trades?
Profit.ly includes the option of allowing trade entries within the My Trade category on the dashboard that allows you to post your trades that are verified or not. There are three choices:
- Linking your account with your brokerage of choice and importing transactions directly through there
- Manually entering your trades using specified spaces and information.
- Take a photo of your trades
What can I do to determine if the trade is verifiable or not?
If you purchase your trade through a reliable brokerage, there’s the likelihood that it can be verified. This is indicated with the small blue check. If you upload it manually or through screenshots, it will automatically be classified as unverified.
The downside of having an unauthenticated trade is the risk of getting downvotes from your 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 untruthful in submitting trades.
Are the Profit.ly mobile app still in use?
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 operating tablets and smartphones.
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 trying to maximize profits but also help each other grow and learn more about acquiring stock market opportunities both right and left.