Stock trading is an exciting game with high stakes. On certain days, you could have the benefit of positive and satisfactory numbers. However, on other days it could be the reverse, and it may sometimes be very difficult to get back to where you were your most productive. If you find yourself immersed in the water, you will have to recognize that relying on pure instinct and preservation may not always be enough.
If you’ve been incurring occasional losses, you’re gonna be needing reliable advice from tested and tried trading experts. Additionally, you’ll require an important boost from colleagues in the market from all over the globe. That’s why we’ve identified an option that can help you to improve your performance in the market. We’ll take a look at Profit.ly, a well-recognized 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 The Next Big Penny Stock
Value: 4.1/5
Quality: 4.1/5
Costs: 4.1/5
Users Experience 4.5/5
Summary
Profit.ly is an online trading platform that enables traders of different levels to be knowledgeable and accountable, as well as transparent and encouraging each other by offering a wide variety of tools and features such as chat rooms, trade verification as well as an extensive library of educational material.
What exactly is Profit.ly?
Profit.ly is a site for trading that serves both as a learning and training platform for traders new to trading and as a hub for traders with experience to keep track of their performance with the help of advanced analytics tools. It provides users with a vast array of options for communication and trade that help traders from all walks of life network with each other. It also allows gurus to make worthwhile investments within the confines that the site. Imagine it as a social media site akin like Facebook and Reddit, but for professionals and traders.
Profit.ly independently validates trade performance and then publishes the information from them in the form of leaderboards. The platform’s trading model is based on honesty and transparency: it guarantees that the trades are valid and won’t tolerate inauthenticity as much as possible. It was founded 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 with Forbes magazine, Sykes stated that Profit.ly was motivated by its focus “on showing the entire spectrum of trades, something which has never been prior to.” The concept, he added, served two purposes: 1) creating public track records for not just the gurus and newsletter authors and students and secondly) making it possible for all users to learn from the losses and wins for the trading industry’s benefit. What Is The Next Big Penny Stock
How Does It Work?
Profit.ly follows a subscription-based model which allows stock traders to benefit from a variety of tools and services that are geared at achieving achievement. You may set up an account on the site at no cost, however you’re only given the capability to browse the leaderboard and observe the actions of non-gurus. If you’re interested in investing your money to see what stocks the experts are trading in real-time, you will need to subscribe to any of Profit.ly’s offerings, which we will review in the coming days.
The process of opening an account is simple: Create an account that includes your personal information and skills, join your brokerage account, and you’ll be given a chance to shoot your way to high on the leaderboard. Profit.ly’s leaders’ board feature as previously mentioned, is designed to give its users a look at their performance as a trading group as well as its gurus. It’s not only a chance to prove that you’re worthy to the community of traders, but you can also utilize Profit.ly to shop with a professional with the assurance that you’re confident in their skills and the legitimacy of their assertions.
If you’re not comfortable with the concept of leaking information about your account with a brokerage, you may decide to share your trades, whether verified or not, by taking pictures. Also included in Profit.ly is the huge selection of trading courses as well as the ability to look at the stats of a trader’s account as well as other ways to interact with your experts via chatrooms in addition to text and e-mail alerts and updates.
> > Click Here to Check Out Profit.ly < <
Meet the Founder: Tim Sykes
Timothy Sykes is a well-renowned day trading guru who is famously known for his involvement in penny stock trading. According to Investopedia, a penny stock refers to a small company’s stock which trades at less than $5 per share. The penny stock market is a stepping stone for small companies to move to a large marketplace as they can access 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 expertise.
Since his initial beginnings in the latter years of High School, Tim Sykes has, since then, made an estimated $6 million profit during his long and successful career as trading professional. At the age of 25 Tim Sykes had received greater exposure and a larger influence over time as a participant in the reality TV show “Wall Street Warriors.” Then, he took advantage of it to develop trading rooms as well as penny stock themes and educational material aimed at those who are just beginning to learn about trading. He also helped to establish Profit.ly as a platform for openness, 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 wide range of learning tools, trade alerts and other useful stuff offered by the company’s internal gurus. Gurus are referred to the experts in trading who have proven to make significant amounts of profit from their collective years of expertise. What Is The Next Big Penny Stock
At its height, Profit.ly had housed up to five gurus. Each of them an expert in their niche in the trading industry. Some of the prominent experts were Connor Bruggermann, Nathan Michaud of Investors Underground, and Triforce among others. At the time of 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. When we take that into account, let’s take a look at what packaged deals each guru offers.
From Tim Sykes Tim Sykes
Sykes provides an essential stock trading service which focuses on penny-priced day trading with Tim’s Alerts. Costing $74.95 per month, you will see him focus on the fundamental stock catalysts and use 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, as well as the mobile application that is available to iOS and Android devices, as well as email, text, and push alerts; and a daily stock watchlist.
From Tim Sykes: The Pennystocking Silver Package
Pennystocking Silver is the highest-quality version that has been upgraded of the Tim’s Alerts program. Priced at $149.95 per month, this is an ideal plan for those who are more committed to investing in penny stocks. Pennystocking Silver includes all the basic features found in prior plans, including swing trading alerts as well as unlimited access to a rich collection of more than 7,000 educational videos that are updated every week.
> > Click Here to Check Out Profit.ly < <
In “Superman” Paul Scolardi: Superman Alerts
Scolardi, who goes by the alias “Superman,” is a swing trading professional with an eye for both tiny-cap massive stocks as well as wildly accurate marketing forecasts. Since the time he started trading, Superman has amassed over $5.5 million in trading profits. What Is The Next Big Penny Stock
The Superman Alerts plan is his offering of essential features and trading alerts targeted toward those who may be interested. For just $147 per month, you’ll have an access to the day-to-day premarket stock watchlist as well as the mobile app, the daily market updates in real-time, as well as E-mail and SMS alerts.
In “Superman” Paul Scolardi: Superman Pro
For the price of $247, you receive additional features, as well as access to a knowledgeable base provided by Superman himself through the Superman Pro package. On top of the essentials that are included in the Alerts plan, Superman Pro gives you daily video lessons, which include the growing collection of the previous ones. On top of that, you’ll also get access to premium research reports and the IPO and earnings tracker.
Profit.ly Programs and Costs
If you’re eager to join the online trading community and make a mark on the market, Profit.ly has the right amount of resources to get you up and running. The platform offers three membership tiers that cater to traders of different levels. Let’s break down what these three tiers are and how much they will cost you.
Novice Plan
The package called Novice is Profit.ly’s basic plan that is designed specifically for those who are new to the world of trading. Once you have signed up for this package, you will be immediately provided with a variety of powerful and indispensable trading tools, all of them integral in keeping your fingers on what we could call a ruthless procedure in its own.
Among the list of things you can accomplish using Profit.ly’s Novice package include the ability to verify trades and track profits; leading, following and even chatting with other traders; and providing feedback on trades today. You can also get onto leaderboards; study the results of your analysis, sort, and filter your trades; and lastly, look at the statistics of other traders.
The Novice plan will cost $29.95 per monthly payment. Although it looks attractive just by the price, there is a downside. You aren’t able to create a personal profile, thus making your actions public. If you do want to have an account with this option, keep an eye on us as we present to you Profit.ly’s next plan.
Trader Plan
The Trader package lets you to use the majority of features available in the Novice plan. It is in this plan that you are able to create a private profile to share with other associate users all your knowledge and intel in this trading group.
Priced at $49.95/month, Profit.ly’s Trader plan will do what the name implies caters to those who desire to improve their expertise in trading. Although it’s a nice thing but there’s one important element that’s missing. In contrast to the Novice package, this one won’t be able to see the statistics of other traders that could be a disadvantage for some who may be anticipating this level. What Is The Next Big Penny Stock
Pro Plan
The Professional plan can be described as the most expensive plan Profit.ly can offer to experienced traders. At $74.95 each month which includes 22% off for annual billing, this tier has it all. It gives you full, unlimited access to all features from the two previous plans combined.
You’re not only able to view other people’s stats and data, but you also have the opportunity to create a private profile. These two features are in addition to 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
In addition to the training tools and the leadersboards Profit.ly provides a variety of additional services that it can provide. One of them is the online store, which lets users pick from a range of video products created to guide you through the nuances and pitfalls of trading. Each of the offerings listed in this section of the website can be immediately purchased for personal use. These include best-selling products such as”Trading Tickers, “Trading Tickers” series by trading professional Tim Grittani, Timothy Sykes’s collection of DVDs and streaming-only content about penny stocking, short stocking, and other aspects of trading. There are also clips and footage from events like the Annual Pennystocking Conference, and products from other expert traders.
> > Click Here to Check Out Profit.ly < <
Chat rooms integrated into Profit.ly are as well part of Profit.ly’s range of services and features. You’re probably familiar with the concept of the chat room as you can find it throughout messaging and social platforms, and also on a few specialty websites that provide live chat support. But on Profit.ly it’s seen as a real-time area where experts and member traders can communicate and exchange knowledge in real-time. Every guru has their own way in operating their chat room and dealing with the listed members. Some may be a laid-back person who is rarely active, while another might be more active and in touch to their pupils. Think of chat rooms like Profit.ly’s version of a forum, in its essence.
Who is the Ideal Trader for Profit.ly?
Profit.ly’s wide range of products and features cater to the wide range of stock trader types, from beginners to experienced pros. Considering the number of offers it offers this platform definitely has something for every person.
For instance, newbies can take advantage of Profit.ly’s collection of educational materials available across the platform. They will also get daily videos and chat room advice from its in-house gurus and their members. They’ll also be able pick from the merchandise available on its store online that they can take with them wherever they may go. You can also get hands-on experience trading on the platform, but eventually they’ll realize that this is a high stakes game that shouldn’t be treated as an amusing pastime.
For traders who have many years of experience down the line, we believe Profit.ly equally suited to them as the newcomers. Although the novices might not be as well-equipped with managing trading but the experts already know the way it functions and the plethora of risks that it carries. In the ideal scenario, they can utilize Profit.ly’s range of features to their full advantage to develop their skills in trading. As beginners, they are able to study from the gurus as well as experts, and take advantage of simple tips and hints throughout the process.
Profit.ly’s ‘all-together’ nature does not only apply to beginners and semi-experienced 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 the power of Profit.ly’s capabilities to display their skill to others in order to assist them in the ever-changing trading process. What Is The Next Big Penny Stock
Profit.ly’s Pros and Pros and
The Pros
- Profit.ly’s diverse capabilities as a ‘one-stop’ stock trading platform allows it to provide traders everywhere with an abundance of knowledge communications, trading, and communication tools
- You get to be provided with excellent lessons and advice from the company’s inside experts, as well as collections of educational videos as well as real-time trading activities
- You’re guaranteed transparency throughout Profit.ly with precise analytics as well as fellow traders ready to call you out if something occurs.
- The leaderboard feature of the platform offers you the opportunity to increase your reputation as a reliable and authentic trader
- In addition to its primary abilities, Profit.ly also gives its customers extra options that can be tailored to their individual preferences, for instance, posting trades that are not authentic by taking photographs
- Profit.ly’s variety of packages and subscription levels are priced at affordable rates There is truly something for everyone
The Cons
- Profit.ly’s numerous packages and products offered may not be enough for a lot of its customers
- If traders decide to open any kind of trade, there’s the possibility that some of them will profit by picking the most profitable trades to improve their ratings this could be a concern that should not be simply overlooked
- Profit.ly will not allow refunds because its premium users are expected to immediately take advantage of the numerous services the platform has to offer
> > Click Here to Check Out Profit.ly < <
The Final Concluding Question: Is Profit.ly worth it?
If we could come up with the answer, it would be yes. But you need to understand that the platform should not be used as a quick-fix scheme to make money. The platform was not always intended to be created in this way. Instead, you need to have an open mind. What Is The Next Big Penny Stock
What we mean”yes” is it is a fantastic learning tool. Those who may be stuck could find Profit.ly’s variety of resources helpful when they try their best to avoid losses and perform better than they did before. Not only poor traders that can benefit from this platform. It can accommodate beginners and even experts!
If you really care about being better at trading and wish to be taught by your mentors and peers throughout the process, then look no further – Profit.ly could be a good choice to start.
FAQ What Is The Next Big Penny Stock
What are the best ways to use Profit.ly to make your trades public?
Profit.ly includes a trade entry portion in the ‘My Trade category on the dashboard. It allows you to post your trades that are verified or not. You may choose between three options:
- Linking your account to the brokerage of choice and then importing transactions directly through there
- Manually entering your trades into specified spaces and information.
- Take a photo of your transactions
What can I do to determine if the trade is verifiable or not?
If you purchase your trade through a reliable brokerage, there is an excellent probability that it’s verifiable. This is evident by the small blue check. If you submit the information manually or via pictures, it will be classified as unverified.
The disadvantage of an unauthentic trade is the possibility of receiving negative feedback from colleagues. Too many downvotes may cause you to be listed on the Madoff leaderboard, which is where the public can see who’s fraudulent in posting trades.
Is the Profit.ly mobile app still in use?
As of this writing, Profit.ly is still available for download on the Apple App Store and in the Google Play store. The mobile app version is compatible with the majority of functioning tablets and smartphones.
How many are connected to Profit.ly?
Profit.ly currently houses more than 150,000 investors and traders, since they’re not just trying to maximize profits but also assist each other to grow and learn more about acquiring opportunities in the stock market both right and left.
