The stock market can be an extremely risky game. Some days, you could enjoy the benefits of pleasing and positive numbers. However, on other days you may experience the opposite and it could be extremely difficult to get back to where you were your peak. If you’re always in the mud, you will have to realize that relying on your instincts and preserving might not be enough.
If you’ve been incurring losses from time to time You’ll need reliable advice from tested and tried trading experts. Also, you’ll need a significant boost from your fellow traders from around the globe. That’s why we’ve identified an online platform that will help you in your improvement in the industry. We’ll be taking 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 Which Penny Stock Is Good To Buy Now
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 enables traders of various levels to be informed and accountable, as well as transparent and encouraging each other by offering a wide range of features and tools such as chat rooms, trade verification and a rich library of educational material.
What exactly is Profit.ly?
Profit.ly is a trading website that functions as a learning and education platform for people who are just beginning their journey and also as a platform for traders with experience to keep track of their performance with the help of cutting-edge analytics tools. Providing users with a wide variety of tools for communication and trade and letting traders from all walks of life connect with one another. It gives the gurus worthwhile investments within the confines of this platform. Imagine it as an online social media platform similar the likes of Facebook and Reddit however it is geared towards traders and experts.
Profit.ly independently checks the performance of trades and then publishes the information of them in the manner of leaderboards. The trading platform is built on honesty and transparency: it ensures that the trades are authentic and won’t accept fake news as long as is humanly possible. It was founded in the past by penny expert in stock trading and investment guru Timothy Sykes, along with fellow expert Michael Mosseri.
In an interview with Forbes publication, Sykes stated that Profit.ly was driven by its focus “on the transparency of the entire spectrum of trades, something which was never done before.” The concept Sykes said served two objectives: one) making public records for all traders, not just the gurus, but also the students and newsletter writers and secondly) making it possible for everyone on the platform to learn from the losses and wins to benefit the industry of trading. Which Penny Stock Is Good To Buy Now
How Does It How Does It
Profit.ly is a subscription-based platform that allows stock traders to benefit from a variety of features and services aimed at achieving achievement. You may set up an account on the site at no cost, however you’re only limited to having access to the leaderboard and observe 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’ll need to join one of Profit.ly’s deals, which we will discuss in the near future.
Setting up an account is easy: create an account that includes your personal information and skills, join your brokerage account, and you’ll be given an opportunity to make your way to high on the leaderboard. Profit.ly’s leaderboard feature, as we’ve mentioned earlier it is designed to provide its users a look at the performance of the trading community and its experts. It’s not only a chance to demonstrate your worth 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 veracity of their claims.
If you are unsure about the idea of sharing the details of your broker account you may opt to post your trades, verified or otherwise, through photographs. Included in Profit.ly is the huge selection of trading classes and the capability to see stats in a trader’s profile and other methods 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 is well-known for his efforts in the penny-stock market. According to Investopedia Penny stock refers to a small-sized company’s stock which trades at under $5 for each share. The penny stock market could be viewed as an opportunity for small companies to move to a large marketplace as it allows them to access money from the general public. But don’t be mistaken – it can also be an extremely risky game, as Sykes is sure to reveal thanks to his years of expertise.
From his beginnings in his late years in high school, Tim Sykes has, since then, earned more than $6 million in earnings throughout his illustrious career as a trader. At 25 years old, he had been given greater exposure and a larger reach of influence when he was a part of the reality TV show “Wall Street Warriors.” He took advantage of it to establish trading rooms as well as penny stock themes and educational content geared toward people who are brand new to the trading field. He also helped establish Profit.ly as a place for openness, and to allow the community to rise and compete on the platform.
The Profit.ly Gurus
One of Profit.ly’s amazing features is the variety of educational tools, trade alerts and other useful stuff offered 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 knowledge. Which Penny Stock Is Good To Buy Now
At its peak, Profit.ly had housed up to five gurus, each of them a pro in their niche within the world of trading. Some of the most famous experts included Connor Bruggermann, Nathan Michaud of Investors Underground, and Triforce among others. At the time of writing however, only two gurus remain on this platform: Founder of the penny stock market 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 offers.
From Tim Sykes Tim Sykes
Sykes offers basic stock trading services with the main priority being penny-priced day trading with Tim’s Alerts. At $74.95 monthly, you’ll be able to see him concentrate on the fundamental stock catalysts and use them to predict the next move that is possible when making trades.
A standalone purchase in Tim’s Alerts will get you access to the chatroom as well as the mobile app that’s available on iOS as well as Android devices, texts, emails and push alerts; and a daily stock watchlist.
From Tim Sykes: The Pennystocking Silver Package
Pennystocking Silver is the premium, upgraded version of the Tim’s Alerts program. At $149.95 monthly, this is the perfect plan for those who are more committed to investing in penny stocks. Pennystocking Silver includes all the basic features found in prior plans, which includes swing trading alerts as well as unlimited access to a collection of more than 7,000 educational videos that are updated weekly.
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From “Superman” Paul Scolardi: Superman Alerts
Scolardi who goes under the alias “Superman,” is a swing trading professional with an eye for 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. Which Penny Stock Is Good To Buy Now
The Superman Alerts plan is his offer of the most essential features and trading alerts targeted towards those who might be interested. For $147/month, you’ll get access to the daily stock watchlist that is premarket and the mobile app, the daily market updates in real-time, and SMS and e-mail alerts.
From “Superman” Paul Scolardi: Superman Pro
For the price of $247, you receive additional features, as well as access to a knowledgeable base that is provided by Superman himself, via 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 a growing library of all other previous ones. Additionally you’ll also gain access to premium research reports as well as the IPO and earnings tracker.
Profit.ly Programs and Costs
If you’re eager to join the trading community on the internet and leave a mark in the field, Profit.ly has the right amount of tools to get you going. The platform offers three membership levels, each designed for traders at different levels. Let’s take a look at what these three levels are and what they will cost you.
Novice Plan
This package for novices is Profit.ly’s basic plan that is designed specifically for those who are new to the world of trading. When you sign up for this package you’ll be offered a range of strong and vital trading tools, each of which is essential to keep your hands on what we can describe as a cutthroat process by itself.
Some of the features you can accomplish using Profit.ly’s Novice program is the capability to check the results of your trades and track profit as well as leading, following and even chatting with other traders; and leaving feedback on today’s trades. You’re also allowed to get on leaderboards, analyze your trades, sort or filter the trades you make; and lastly, look at other people’s statistics.
The Novice plan is $29.95 per monthly payment. Although it might look appealing just by the price however, there’s a drawback. You can’t create a private account, making your personal information public. If you’re interested in have the benefit of this service, stay tuned as we introduce to you Profit.ly’s next strategy.
The Trader Plan
The Trader package lets you to take advantage of many of the features of the Novice plan. In this plan, that you can set up an account that is private to share with fellow associate users all the insights and information you have gained from this trading group.
Priced at $49.95/month, Profit.ly’s Trader plan does what the name suggests catering to those who desire to improve their trading skills. While it’s nice however, there’s a crucial aspect that’s not included. Unlike the previous Novice package, you will not be able view the statistics of other traders that could be a disadvantage for those looking forward to this tier. Which Penny Stock Is Good To Buy Now
Pro Plan
This is by far the highest premium package that Profit.ly could offer for seasoned traders. With $74.95 each month with a 22% discount when billed annually This plan offers everything. You will have full, unrestricted access to all features of the previous plans combined.
Not only do you get to view other people’s stats as well, you’re also offered the chance to create an individual profile. Both of these options, plus the other advantages you’ll be able to use to the fullest potential. If you’re in search of an option that gives you everything you need as trader with experience, the Pro level is for you!
Profit.ly’s Other Services
Apart from the provided training tools and the leaderboards, Profit.ly offers a number of more services it has to provide. One of those is its online store, which lets users pick from a range of videos designed to inform and provide guidance on the nuances and pitfalls of trading. All of the products featured on this page of the site can be immediately purchased for personal use. Some of these include bestsellers such as”Trading Tickers, “Trading Tickers” series from trading professional Tim Grittani, Timothy Sykes’s collection of DVDs, streaming-only content related to penny stocking, short stocking, as well as all related to trading, videos and clips from The Annual Pennystocking Conference, and items from other experts in trading.
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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 the chat room as you will see it on messaging and social platforms, in addition to a few special websites that offer live chat assistance. But in Profit.ly it’s seen as a space where experts and their member traders can communicate and learn in real time. Every guru has their own way in running their chat rooms and dealing with the members. Some may be more laid back and rarely engaged, while another could be more online and communicative with their students. Think of chatrooms as Profit.ly’s version of the forum, in the essence.
Who is the Ideal Trader for Profit.ly?
Profit.ly’s diverse range of products and features caters to the wide range of stock traders, ranging from novices to the most experienced. With the variety of deals it has to offer, the platform surely has something for everyone.
Newbies, for instance, will appreciate Profit.ly’s knowledge-based information available on the platform. They will also get daily videos and chat room tips by its internal gurus and members. They’ll also be able choose from the items from its online store that they can take with them wherever they travel. You can also get hands-on experiences by trading through the platform, but eventually, they will soon learn that trading is a high stakes game that shouldn’t be taken as a joke.
For those traders who have had years of exposure down the line, we see Profit.ly equally suitable for them as it is for those who are just starting. Although the novices might not be as proficient in dealing with trading issues but the experts already know the way it functions and the plethora of risks that it carries. It is ideal to make use of Profit.ly’s range of options to their maximum advantage to improve their trading abilities. Like novices, they can learn from the experts and experts , and use those short tips and tricks throughout the process.
Profit.ly’s “all-in” approach isn’t limited to novices and semi-experienced traders. Verified experts can also join in the enjoyment! 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 help guide them through the ever-illustrious trading process. Which Penny Stock Is Good To Buy Now
Profit.ly’s Pros and Pros and
The Pros
- Profit.ly’s diverse capabilities as a “one-stop’ stock trading platform enable traders from all over the world with tons of learning communications, trading, and communication tools
- You get to be provided with excellent lessons and tips from the internal experts, which include collections of educational videos as well as real-time trading activities
- You’re assured of transparency throughout Profit.ly by using accurate data and fellow traders ready to call you out if something occurs.
- The platform’s leaderboard feature gives you the opportunity to increase your credibility as a trustworthy and authentic trader
- In addition to its primary features, Profit.ly also gives its customers extra options that can be tailored to their individual preferences, for instance, 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 everyone
The Cons
- Profit.ly’s abundance of packages and services offered could seem overwhelming for a lot of its customers
- Since traders can choose to post any kind of trade, there is the possibility that some of them will profit by picking the most profitable trades to improve their ratings This could be a risk that shouldn’t be ignored.
- Profit.ly will not allow refunds, as the premium customers are expected to instantly benefit from the many services that the platform can offer
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The Final Verdict The Final Verdict: Is Profit.ly worth it?
If we were able to come up with the answer, it would be an affirmative “yes”. But you need to understand that it shouldn’t be treated as a quick-fix scheme to make money. It wasn’t intended to be created in this way. Instead, you should have an open mind. Which Penny Stock Is Good To Buy Now
What we mean”yes” is that it is a fantastic learning tool. People who are stuck might find Profit.ly’s range of resources to be helpful when they try their best to incur lesser losses and be more successful than they did before. It’s not just the struggling traders who will benefit from this platform. It will be able to accommodate beginners as well as even experts in the field!
If you really want to become a better trader and want to learn from your mentors and peers on the way, look no further – Profit.ly is a fantastic choice to start.
FAQ Which Penny Stock Is Good To Buy Now
How can you make use of Profit.ly to make your trades public?
Profit.ly has an entry section for trades under the My Trade’ category of the dashboard. It allows you to post your trades, verifiable or otherwise. There are three options:
- Linking your account to the brokerage of choice and importing the trades from that directly
- Manually inputting your trades with specified spaces and information.
- Upload a screenshot of your transactions
How do I know whether the trade is authentic or not?
If you purchase your trade from a trusted brokerage, there is a high probability that it’s verifiable. This is indicated with the small blue check. If you submit it in a manual way or by taking images, it will be classified as unverified.
The downside of having an unauthentic trade is the chance of getting downvotes from your fellow peers. If you receive too many negative votes, it could cause you to show up in the Madoff leaderboard, where people can see who’s dishonest in posting trades.
Are the Profit.ly mobile app still available?
As of this 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 works with all functioning tablets and smartphones.
How many people are using Profit.ly?
Profit.ly currently houses more than 150,000 investors and traders because they are not just looking to earn maximum profits but also help each other grow and learn more about acquiring stock market opportunities both right and left.
