The stock market can be an extremely risky game. On some days, you might be reaping the benefits of positive and satisfying numbers. However, on other days, the opposite may happen, and it may sometimes be very difficult to return to where you were at your most productive. If you find yourself constantly stuck in the gutter You will need be aware that relying solely on pure instinct and preservation may not always be enough.
If you’ve suffered occasional losses, you’re gonna be needing solid advice from seasoned and tested trading experts. Also, you’ll need a significant boost from your fellow traders from around the globe, which is why we’ve identified a platform that can support you in your improvement in the market. We’ll take an in-depth 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.
Overall Rating: 4.1/5 What’S A Good Penny Stock To Buy Right Now
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 various levels to be knowledgeable, transparent, accountable, and to build relationships with each other through its broad array of tools and features including trade verification, chat rooms, and an enriched library of educational content.
How do I define Profit.ly?
Profit.ly is a trading site which serves as a learning and education platform for people who are starting out and also as a platform for traders with experience to keep track of their performance with the help of cutting-edge analytics tools. Offering users a broad array of options for communication and trade and letting traders from every field of business connect with one another. It gives the gurus an opportunity to invest in the right areas of the platform. Imagine it as a social media site akin to 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 form of leaderboards. The trading platform is built on trust and transparency. it makes sure that trades are authentic and won’t allow for fraud as much as possible. It was founded years ago by the penny stock trade expert and investment guru Timothy Sykes, along with fellow expert Michael Mosseri.
One time during his interview for Forbes publication, Sykes stated that Profit.ly was motivated by its focus “on the transparency of every trade, something that has never been done before.” This idea was, he said, serving two purposes: 1) making public records for all traders, not just the gurus as well as newsletter writers and students, and 2) making it possible for anyone on the platform to be enlightened by both losses and wins to benefit the industry of trading. What’S A Good Penny Stock To Buy Right Now
How Does It How Does It
Profit.ly follows a subscription-based model that lets stock traders have access to a range of services and features geared towards achieving success. You may set up an account for free, but you’re only given the capability to browse the leaderboard and follow the activities of non-gurus. If you’re interested in investing your money in order to find out what stocks the experts are trading in real-time, you will need to subscribe to any of Profit.ly’s deals, which we will review in the coming days.
Setting up an account is simple: Create a profile with your experiences and skills, join to your brokerage account and you’ll have a chance to shoot your way up to the top of the leaderboard. Profit.ly’s leaders’ board feature as previously mentioned was designed to offer its users an insight into how the community of traders performs as well as its gurus. It’s not just a way to show value to a large group of traders, but you can also use Profit.ly to shop from a guru with the confidence that you are confident with their expertise and the legitimacy of their assertions.
If you feel uneasy with the idea of divulging the details of your broker account you can choose to publish your trades, either verified or otherwise, through pictures. Included in Profit.ly are the vast number of courses in trading and the capability to see the stats of a trader’s account, and more ways to communicate with your gurus in the chatroom, as well as email and text alerts as well as updates.
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Meet Tim Sykes, 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 the term “penny stock” is a small business’s shares that trade for less than $5 per share. Penny stock trading can be seen as a stepping stone for small companies to move to a market that is larger as it gives them access to capital from the public. But don’t be mistaken – it’s also an extremely risky game, as Sykes is sure to reveal through his many years of expertise.
Since his initial beginnings at the end of his time in the high schools, Tim Sykes has, since then, made over $6 million of profit throughout his illustrious career as a trader. At the age of 25 Sykes was given greater exposure and an even wider influence over time as a participant in the reality series “Wall Street Warriors.” He took advantage of it to develop trading rooms as well as penny stock themes and educational material aimed at people who are brand new to the trading field. He also helped establish Profit.ly as a place of transparency and for the community to lift each other up and compete with each other on the platform.
The Profit.ly Gurus
One of Profit.ly’s sweet inclusions is the vast array of educational resources, trade alerts, and other helpful stuff provided by the platform’s in-house gurus. Gurus are referred to experts in the field of trading who have made significant amounts of profit through their years of expertise. What’S A Good Penny Stock To Buy Right Now
At its peak, Profit.ly had housed up to five gurus. Each of them a professional in their field of expertise in the field of trading. Some of the most prominent experts included Connor Bruggermann, Nathan Michaud of Investors Underground, and Triforce among others. As of this writing, however, only two gurus remain on this platform: the founder of the penny stock market 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 has to offer.
From Tim Sykes: Tim’s Alerts
Sykes provides basic stock trading services with the main priority being penny stock day trading through Tim’s Alerts. Costing $74.95 per month, you will see him focus on the basic stock catalysts and employ them to anticipate the next move that is possible when making trades.
A purchase on its own from Tim’s Alerts will get you access to the chatroom as well as the mobile application that is available on iOS and Android devices, as well as texts, emails and push alerts; as well as a daily watchlist of stocks.
from Tim Sykes: The Pennystocking Silver Package
Pennystocking Silver is the highest-quality version that has been upgraded of the Tim’s Alerts package. Priced at $149.95 monthly, this is the perfect plan for investors who are committed to investing in penny stocks. Pennystocking Silver comes with all the standard features that were included in prior plans, such as swing trading alerts and unlimited access to an extensive library of over 7,000 educational videos, with new ones released every week.
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The following video is from “Superman” Paul Scolardi: Superman Alerts
Scolardi, who goes by the alias “Superman,” is a professional in swing trading with an eye for both tiny-cap massive stocks as well as wildly accurate marketing forecasts. Through the years since he began as a trader, Superman has amassed over $5.5 million in trading earnings. What’S A Good Penny Stock To Buy Right Now
The Superman Alerts package is his offering of essential features and trading alerts geared towards those who might be interested. For $147/month, you’ll get an access to the day-to-day premarket stock watchlist as well as the mobile app, the daily market updates in real time, and email and SMS alerts.
From “Superman” Paul Scolardi: Superman Pro
For $247 per month, you can enjoy additional features, as well as access to the extensive knowledge base that is provided by Superman himself through his Superman Pro package. In addition to the basic features featured in the Alerts plan, Superman Pro gives you weekly video lessons, including the growing collection of the previous ones. In addition, you’ll also get 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 your mark on the field, Profit.ly has the right amount of tools to get you up and running. The platform offers three membership tiers that are designed to accommodate traders of different levels. Let’s break down what these three tiers are and how much they’ll cost you.
Novice Plan
The Novice package is Profit.ly’s basic plan that is designed specifically for people who are brand new to the trading community. When you sign up for this plan, you will be immediately offered a range of strong and vital trading tools, each of which is essential to keep your hands on what we call a competitive process by itself.
Some of the features you can do using Profit.ly’s Novice package include the ability to confirm the results of your trades and track profit and follow-up, leading and even texting your fellow traders; and providing feedback on trades today. You can also get on leaderboards; analyze your trades, sort or filter the trades you make and, finally, see 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. You aren’t able to create a personal profile, which makes your personal information public. If you do want to have the benefit of this service, stay tuned as we introduce to you Profit.ly’s new plan.
Trader Plan
The Trader package lets you to use the majority of features available in The Novice package. This plan allows that you are able to create an account that is private to share with other associate users all your knowledge and knowledge you gain from the trading community.
Priced at $49.95/month, Profit.ly’s Trader plan will do what the name implies catering to those who desire to harness their trading skills. While it’s nice however, there’s a crucial aspect that’s not included. As opposed to the prior Novice package, you won’t be able to see other traders’ statistics that could be a disadvantage for some who may be looking forward to this tier. What’S A Good Penny Stock To Buy Right Now
Pro Plan
This is by far the most luxurious package Profit.ly offers to experienced traders. With $74.95 each month which includes a 22% discount for billing annually This plan offers it all. You get full, no-holds-barred access to all the features from the two previous plans combined.
In addition, you’ll be able to look at other people’s statistics as well, you’re also offered the opportunity to create an individual profile. Both of these options, in addition to the advantages that you can utilize to their fullest capacity. If you’re looking for an option that gives all the features you need to be an experienced trader, the Pro plan is ideal for you!
Profit.ly’s Other Services
Apart from the provided tools for training and leaderboards, Profit.ly provides a variety of additional services that it can offer. One of these is its online store, where customers can choose from a wide array of video products designed to inform and provide guidance on the ins and outs of trading. All of the products featured on this page of the website can be bought immediately for your personal use. Among these products include best-sellers like”Trading Tickers,” the “Trading Tickers” series by trader professional Tim Grittani, Timothy Sykes’s library of DVDs and streaming-only content about penny stocking, short stocking, and all other things trading-related, clips and scenes taken from The Annual Pennystocking Conference, and products from other expert traders.
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The chat rooms that are integrated are included in Profit.ly’s array of services and features. You may be familiar with chat rooms since you will see it on messaging and social platforms, in addition to a few special 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. One of them may be a laid-back person who is rarely active, while another might be more active and in touch in their interactions with students. Think of chat rooms like Profit.ly’s version of the forum in the essence.
Who is the ideal Trader for Profit.ly?
Profit.ly’s wide range of products and features caters to an array of stock trader types, from novices to the most experienced. With the variety of deals it offers this platform definitely has something for every person.
Beginners, for instance, will appreciate Profit.ly’s collection of educational information available on the platform. Not only will they get daily videos and chat room tips by its internal gurus and members. Additionally, they can choose from the items in its online store that they can take with them wherever they may be. Additionally, they can gain practical experiences by trading through the platform, but eventually they’ll realize that the process is a high stakes game that shouldn’t be taken as a joke.
For traders who have years of exposure down the line, we believe Profit.ly equally suited to people who are just beginning. Although the novices might not be as adept at handling trading matters, the pros already understand the way it functions and the plethora of risks that come with it. In the ideal scenario, they can make use of Profit.ly’s variety of options to their maximum advantage to improve their trading skills. As beginners, they are able to study from the gurus and experts and utilize those short tips and tricks to help them along.
Profit.ly’s ‘all-together’ nature isn’t limited to novices and semi-experienced traders. Verified experts can also join in the excitement! Trade professionals who are on an equal level with Superman as well as Tim Sykes can also use up Profit.ly’s capabilities to showcase their expertise to other traders in order to navigate them through the ever-changing trading process. What’S A Good Penny Stock To Buy Right Now
Profit.ly’s Pros and Pros and
The Pros
- Profit.ly’s diverse capabilities as a “one-stop’ stock trading platform enable it to provide traders everywhere with tons of learning communications, trading, and communication tools
- You get to receive excellent training and tips from the inside experts, as well as libraries of educational videos and real-time trading activities
- You’re guaranteed transparency throughout Profit.ly with accurate analytics as well as other traders that are waiting to reach you out if something occurs.
- The leaderboard feature of the platform offers you the chance to establish your reputation as a reliable and verifiable trader
- Apart from its core abilities, Profit.ly also gives its customers additional options to meet their individual preferences, for instance, posting unauthentic trades via screenshots
- Profit.ly’s diverse range of subscription levels and guru packages are priced at affordable rates There is truly something for all
The Cons
- Profit.ly’s numerous products and packages offered might seem overwhelming for the majority of its users
- As traders may opt to open any kind of trade, there’s the possibility that some of them could profit from selecting the best trades in order to improve their ratings This could be a risk that shouldn’t be ignored.
- Profit.ly does not offer refunds, as the premium customers will immediately benefit from the number of services that the platform can offer
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The Final Concluding Question: Is Profit.ly Worth It?
If we were able to come up with an appropriate answer for this query, it’s an affirmative “yes”. But you need to understand 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 an open mind. What’S A Good Penny Stock To Buy Right Now
What we mean by ‘yes’ is that it can be a great learning tool. Those who may be stuck might find Profit.ly’s variety of resources to be helpful as they do their best to reduce losses and perform better than they did before. It’s not only the struggling traders who will benefit from the platform. It can accommodate beginners and even experts in the field!
So, if you genuinely care about being a better trader and want to be taught by your peers and experts on the way, take a look at Profit.ly. Profit.ly could be a good alternative to start.
FAQ What’S A Good Penny Stock To Buy Right Now
What are the best ways to use Profit.ly to post your trades?
Profit.ly includes a trade entry portion under the My Trade category on the dashboard which lets you post your trades, either verified or not. You may choose between three options:
- Linking your account with your brokerage of choice and importing transactions directly through there
- Manually inputting your trades with provided spaces and specifics
- Upload a screenshot of your trades
How can I tell 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 shown by the small blue check. If you post it manually or through screenshots, it will automatically be assigned as unverified.
The disadvantage of an unverified trade is the risk of getting downvotes from your friends and colleagues. A large number of downvotes could result in you appearing on the Madoff leaderboard, where people are able to identify who is fraudulent in posting trades.
Is the Profit.ly mobile app still in use?
At the time of writing, Profit.ly is still available for download on the Apple App Store as well as the Google Play store. The mobile version of the app is compatible with the majority of operating tablets and smartphones.
How many are connected to Profit.ly?
Profit.ly currently houses over 150,000 investors and traders, since they’re not just seeking to make the most profit but also to help one another learn and improve in acquiring opportunities on the stock market both right and left.
