The stock market can be a high-stakes game. On certain days, you may be reaping the benefits of positive and satisfying numbers. On other days, however, the opposite may happen and it can be very difficult to return to where you were at your most productive. If you are always in the mud You will need to recognize that relying on your instincts and preserving might not be enough.
If you’ve been incurring occasional losses You’ll need solid advice from seasoned and tested trading experts. Also, you’ll need an enormous boost from your colleagues in the market from all over the globe, which is why we’ve identified a platform that can support you in your improvement within the field. In this review, we’ll take the time to look at Profit.ly, a well-recognized one-stop 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.
Total Rating: 4.1/5 What’S The Best Penny Stock To Buy
Value: 4.1/5
Quality: 4.1/5
Costs: 4.1/5
The User’s Experience 4.5/5
Summary
Profit.ly is an online trading platform that allows traders of various levels to be knowledgeable responsible, transparent, and to build relationships with each other through its broad variety of tools and features like trade verification, chat rooms and a rich library of educational material.
What exactly is Profit.ly?
Profit.ly is a site for trading that functions as a learning and education platform for people new to trading and as a hub for traders who are experienced to monitor their performance using the aid of cutting-edge analytics tools. Providing users with a wide array of options for communication and trade that help traders from every field of business connect with one another. It also allows gurus to make an opportunity to invest in the right areas of the platform. Consider it a social media site akin the likes of Facebook and Reddit, but for traders and experts.
Profit.ly independently checks the performance of trades and then publishes the information from them in the style of leaderboards. The platform’s trading model is based on transparency and honesty: it guarantees that the trades are authentic and won’t allow for fraud as much as possible. It was created in the past by penny expert in stock trading and investment expert Timothy Sykes, along with fellow expert Michael Mosseri.
One time , during an appearance in Forbes magazine Sykes said that Profit.ly was driven by its focus “on showing the entire spectrum of trades, something which has never been prior to.” This idea was, he said, serving two objectives: one) keeping track of public data for not just the gurus and newsletter writers and students, and 2) giving everyone on the platform to gain insight into the losses and wins for the trading industry’s benefit. What’S The Best Penny Stock To Buy
How Does It How Does It
Profit.ly utilizes a subscription model that allows stock traders to gain access to a multitude of tools and services that are geared at achieving achievement. It is possible to create an account on the site at no cost, however you’re only given access to the leaderboard and observe the activities of people who aren’t gurus. If you’re interested in investing your money to see 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 review in the coming days.
Setting up an account is simple: Create an account with your experience and skills, join your brokerage account, and you’ll have the chance to climb your way up to at the very top of the list. Profit.ly’s Leaderboard function, which was previously mentioned was designed to offer its users an insight into how the community of traders performs and its gurus. It’s not only a chance to show that you’re worthy to the community 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 claims.
If you are unsure about the idea of divulging your brokerage account, then you could opt to post your trades, whether verified or not, via photographs. Also included in Profit.ly are a variety of courses in trading as well as the ability to look at statistics on a person’s profile and other methods to communicate with your gurus through the chatroom 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 trader who is famously known for delving his hands into the penny-stock market. According to Investopedia, a penny stock is a small business’s stock that trades for less than $5 per share. The penny stock market is an opportunity for small companies to move into a larger market because they can access money from the general public. However, don’t get it wrong – it’s also a high-risk game, which Sykes will be able to tell you because of his decades of expertise.
Since his initial beginnings in the latter years of High School, Tim Sykes has, since then, earned more than $6 million in earnings throughout his illustrious career as trading professional. When he was 25 years old Sykes was given greater exposure and a larger reach of influence when he was a part of the reality series “Wall Street Warriors.” He then made use of the show to develop trading rooms, penny stock themes, and educational material aimed at people who are brand new to trading. He also helped establish Profit.ly as a place of transparency, 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 vast array of learning resources, trade alerts, and other helpful stuff provided by the in-house experts of the platform. The gurus in question refer to experts in the field of trading who have proven to make significant amounts of profit from their collective years of experience. What’S The Best Penny Stock To Buy
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, among a few others. At the time of writing, there are only two gurus who remain on this platform: Founder of the penny stock market Tim Sykes and veteran smallcap swing trader Paul Scolardi, also known as Superman. In light of that, let’s take a look at the packaged offers each guru has to offer.
From Tim Sykes Tim Sykes
Sykes offers basic stock trading services with the main priority being penny-priced day trading with Tim’s Alerts. Costing $74.95 per month, you’ll be able to see him focus on the fundamental catalysts for stocks and utilize them to anticipate 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 available for iOS as well as 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, upgraded version of the Tim’s Alerts program. Priced at $149.95 monthly, it is a great option for those who are involved in the penny-stock market. Pennystocking Silver includes all the basic features of the previous plan, including swing trading alerts and unlimited access to an extensive 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 is known under the name “Superman,” is a trader who has an eye for both 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 earnings. What’S The Best Penny Stock To Buy
The Superman Alerts package is his package of vital features and trading alerts geared towards those who might be interested. For $147/month, you’ll get access daily premarket stock watchlist along with the mobile application, daily market updates in real-time, as well as E-mail and SMS alerts.
From “Superman” Paul Scolardi: Superman Pro
For the price of $247, you receive additional features, as well as access to the extensive knowledge base of information provided by Superman himself via Superman Pro. Superman Pro package. Alongside the standard features featured in the Alerts package, Superman Pro gives you weekly video lessons, including a growing library of all previous lessons. Additionally you’ll also have an access to high-quality research papers and the IPO and earnings tracker.
Profit.ly plans and costs
If you’re looking to join the trading community on the internet and leave a mark in the field, Profit.ly has the right amount of resources to help you started. Profit.ly offers three membership levels 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
This package for novices is Profit.ly’s entry-level plan designed especially for those who are just beginning their journey to the trading community. As you sign up for this plan you’ll be offered a range of strong and vital trading tools, each one of them essential in keeping your hands on what we can describe as a cutthroat process in and of itself.
Among the list of things you can accomplish with Profit.ly’s Novice package is the capability to check trades and track profits and follow-up, leading and even chatting with your fellow traders, as well as giving feedback on the trades of today. You’re also allowed to get on leaderboards, analyze the results of your analysis, sort, and filter your trades and, finally, see other’s stats.
The Novice plan is $29.95 per monthly payment. Although it might look appealing just by the price however, there’s a drawback. 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, you should stay tuned as we introduce to you Profit.ly’s next plan.
Trader Plan
The Trader package allows users to benefit from a majority of features from The Novice package. In this plan, that you can create an account that is private to share with fellow associate users all the insights and information you have gained from the trading community.
Priced at $49.95/month, Profit.ly’s Trader plan does what the name suggests caters for those looking to develop their skills in trading. While it’s nice but there’s one important element that’s missing. In contrast to the Novice package, you will not be able to see the statistics of other traders that could be a problem for some who may be eager to try this new tier. What’S The Best Penny Stock To Buy
Pro Plan
The Professional plan can be described as the highest expensive plan Profit.ly offers to experienced traders. With $74.95 per month, which includes an additional 22% discount when billed annually the Pro plan has it all. You will have full, unrestricted access to all the options of the previous plans combined.
Not only do you get to see other users’ stats and data, but you also have the option of creating your own private profile. Both of these options, on top of all the benefits that you can use to their fullest capacity. If you’re in search of an option that gives all the features you need to be a skilled trader, maybe the Pro level is 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 provide. One of those is its online store, which allows users to select from a variety of video products designed to inform and provide guidance on the ins and outs of trading. Each of the offerings listed on this page of the site can be bought immediately for your personal use. Some of these include bestsellers such as”Trading Tickers, “Trading Tickers” series from trading specialist Tim Grittani, Timothy Sykes’s collection of DVDs, streaming-only content related to short stocking, penny stocking, and all other things trading-related, clips and footage taken from events like the Annual Pennystocking Conference, and products from other expert traders.
> > Click Here to Check Out Profit.ly < <
The chat rooms that are integrated are included in Profit.ly’s array of services and features. You may be familiar with the concept of the chat room since you can see it across messaging and social platforms, and also on a few specialty websites that provide live chat assistance. However, in Profit.ly, it is seen as a real-time space where experts and their member traders can communicate and share knowledge in real-time. Every guru has their own way when it comes to running their chat room and dealing with the listed members there. Some may be more laid back and less active, while another may be more interactive and online in their interactions with students. Think of the chat rooms like Profit.ly’s version of the forum in the essence.
Who is the best trader to Profit.ly?
Profit.ly’s wide range of products and features are geared towards the wide range of stock traders, ranging from novices to experienced professionals. Considering the number of offers it has to offer, the platform surely has something for everyone.
Beginners, for instance, can take advantage of Profit.ly’s knowledge-based information available on the platform. Not only will they be provided with videos every week and chat room advice by its internal gurus as well as their members. They’ll also be able to select from the products in its online store that they can take with them wherever they may travel. Additionally, they can gain practical experiences from trading within the platform, however, they will soon learn that this is a high stakes game that should not be viewed as an amusing pastime.
For the traders with decades of experience in the line, we believe Profit.ly equally suitable to the newcomers. Although the novices might not be as proficient in managing trading, the pros already understand how it works and the plethora of risks associated with it. It is ideal to make use of Profit.ly’s range of features to their best advantage to improve their trading skills. Like novices, they can study from the gurus and experts and utilize those quick tips and tidbits along the way.
Profit.ly’s “all-in” approach 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 the same level as Superman as well as Tim Sykes can also use up Profit.ly’s capabilities to display their skill to others as a way to help guide them through the ever-illustrious trading process. What’S The Best Penny Stock To Buy
Profit.ly’s Pros and Pros and
The Pros
- Profit.ly’s diverse capabilities as a “one-stop” stock trading platform enable traders across the globe with an abundance of knowledge communications, trading, and communication tools
- You will receive excellent training and insights from its in-house gurus, including libraries of educational videos and real-time trading activities
- You’re assured of transparency throughout Profit.ly with accurate analytics as well as fellow traders that are waiting to reach you when something goes wrong.
- The leaderboard feature on the platform gives you a way to build your reputation as a reliable and authentic trader
- Apart from its main features, Profit.ly also gives its users extra options to suit their preferences, such as posting unauthentic trades via images
- Profit.ly’s diverse range of subscription plans and guru packages are priced at reasonable prices There is truly something for every person
The Cons
- Profit.ly’s numerous packages and products offered may be too much for the majority of its users
- Since traders can choose to open any kind of trade, there’s the possibility that some of them may take advantage by cherry-picking the best trades to boost their rating This could be a problem that shouldn’t be simply overlooked
- Profit.ly will not allow refunds because the premium customers will immediately benefit from the many services the platform has to provide
> > Click Here to Check Out Profit.ly < <
The Final Verdict 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”. But you need to understand that the platform should not be used as a scheme to get rich quick. The platform was not always intended to be created for this reason. Instead, it is best to keep the ability to think with an open heart. What’S The Best Penny Stock To Buy
What we mean by ‘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 as they do their best to reduce losses and be more successful than they did before. Not only poor traders that can benefit from this platform. It can accommodate beginners and even experts!
If you truly care about being better at trading and wish to learn from your mentors and peers along the way, then look no further – Profit.ly could be a good option to begin.
FAQ What’S The Best Penny Stock To Buy
How can you make use of Profit.ly to make your trades public?
Profit.ly includes a trade entry portion under the My Trade section of the dashboard which lets you record your trades, either verified or not. You may choose between three choices:
- Linking your account to the brokerage of choice and importing the trades from that directly
- Manually entering your trades into the spaces provided and details
- Take a photo of your transactions
How can I tell whether the trade is authentic 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 blue check mark. If you upload it in a manual way or by taking pictures, it will be assigned as unverified.
The drawback of posting an unauthentic trade is the chance of getting downvotes from your friends and colleagues. Too many downvotes may cause you to be listed on the Madoff leaderboard, where users are able to identify who is dishonest in posting trades.
Are the Profit.ly mobile app still in use?
At the time of writing, Profit.ly is still available to download via the Apple App Store and in the Google Play store. The mobile version of the app is compatible with most operating tablets and smartphones.
How many people are connected to Profit.ly?
Profit.ly currently houses more than 150,000 investors and traders, as they not only are looking to earn maximum profits but also to help one another grow and learn more about acquiring stock market opportunities left and right.