The stock market can be an extremely risky game. Some days, you might be reaping the benefits of pleasing and positive numbers. On other days it could be the reverse and it could be extremely difficult to return to where you were your peak. 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 experienced loss from time to time, you’re gonna be needing reliable advice from tested and tried trading experts. You’re also gonna need a significant boost from your fellow traders from around the world, which is why we’ve identified a platform that can support you in your growth within the field. In this review, we’ll be taking the time to look at Profit.ly is a well-known 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. To get a comprehensive overview of Profit.ly, you may still want to check out our article below.
Total Rating: 4.1/5 Which Penny Stock To Buy Today
Value: 4.1/5
Quality: 4.1/5
Costs: 4.1/5
User Experience: 4.5/5
Summary
Profit.ly is an online trading platform that permits traders of different levels to be informed and accountable, as well as transparent and encouraging each other through its broad range of features and tools such as chat rooms, trade verification, and an enriched library of educational content.
How do I define Profit.ly?
Profit.ly is a site for trading which serves as a training and learning platform for those who are starting out as well as a place for traders with experience to keep track of their performance through the use of advanced analytics tools. It provides users with a vast variety of tools for communication and trade, it helps traders from all walks of life connect with one another. It gives the gurus an opportunity to invest in the right areas of this platform. Imagine it as the social media equivalent to Facebook and Reddit, but for professionals and traders.
Profit.ly independently checks the performance of trades and publishes all data from them in the style of leaderboards. The platform for trading is built on honesty and transparency: it makes sure that transactions are legitimate and will not tolerate inauthenticity as much as it is possible. It was established many years ago by penny expert in stock trading and investment expert Timothy Sykes, along with fellow expert Michael Mosseri.
In an appearance in Forbes magazine Sykes declared that Profit.ly was driven by its focus “on the transparency of every trade, something that has never been previously done.” This idea was, he said, serving two purposes: 1) creating public track records for not just the gurus as well as newsletter writers and students, and 2) allowing all users to learn from both losses and wins for the trading industry’s benefit. Which Penny Stock To Buy Today
How Does It Work?
Profit.ly follows a subscription-based model which allows stock traders to benefit from a variety of services and features geared at achieving achievement. You may set up an account for free, but you’re only given the capability to browse the leaderboard and follow the activities of people who aren’t gurus. If you’re looking to invest your money in order to find out which stocks the gurus are trading in real time, you will need to join one of Profit.ly’s deals, which we will go over shortly.
Setting up an account is simple: Create an account with your experience and skills, join to your brokerage account, and you have yourself the chance to climb through high on the leaderboard. Profit.ly’s leaderboard feature, as previously mentioned it is designed to provide its users a glimpse of their performance as a trading group and its experts. You’re not just allowed to show your worth to a large group of traders. You can also use Profit.ly to buy with a guru, and have the confidence that you are confident of their knowledge and the credibility of their claims.
If you’re not comfortable with the idea of sharing your brokerage account, then you could choose to publish your trades, either verified or otherwise, through screenshots. Included in Profit.ly are the vast number of courses in trading, the ability to view the stats of a trader’s account, and more ways to connect with your gurus in the chatroom, along with text and e-mail alerts and updates.
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Meet Tim Sykes, the founder: Tim Sykes
Timothy Sykes is a well-renowned day trading guru who is well-known for delving his hands into trades in penny stocks. According to Investopedia Penny stock is a small business’s stock which trades at just less than 5 cents per share. The penny stock market can be seen as a stepping stone for small-scale businesses to make the transition to a market that is larger as they can access money from the general public. But don’t make the mistake of thinking that it can also be an extremely risky game, as Sykes will be able to tell you because of his decades of experience.
Since his initial beginnings in the latter years of High School, Tim Sykes has, since then, made more than $6 million in profit during his long and successful career as trader. At the age of 25 Tim Sykes had received more exposure and a wider reach of influence as a participant in the reality TV show “Wall Street Warriors.” He made use of the show to establish trading rooms and penny stock themes and educational content geared toward those who are new to trading. He also helped to establish Profit.ly as a place for 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 amazing features is the wide range of education 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 To Buy Today
At its peak, Profit.ly had housed up to five gurus. Each of them an expert in their niche in the field of trading. Some of the prominent gurus included Connor Bruggermann, Nathan Michaud of Investors Underground, and Triforce, among a few others. As of this writing, only two gurus remain on this 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 we’ll 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 stock day trading through Tim’s Alerts. At $74.95 per month, you will observe him focus on basic stock catalysts and employ them to forecast the next moves that could occur when making trades.
A standalone purchase in Tim’s Alerts will get you access to the chatroom as well as the mobile application that is available to iOS as well as Android devices; texts, emails and push alerts and a daily stock watchlist.
Tim Sykes: From Tim Sykes: The Pennystocking Silver Package
Pennystocking Silver is the most premium version that has been upgraded of the Tim’s Alerts program. It costs $149.95 monthly, this is the perfect plan for those who are more invested in penny stock trading. Pennystocking Silver offers all the essential features of the previous plan, which includes swing trading alerts and unlimited access to a library of over 7,000 educational videos, with new ones released weekly.
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In “Superman” Paul Scolardi: Superman Alerts
Scolardi, who goes by the name “Superman,” is a swing trading professional with an eye for both tiny-cap massive stocks as well as wildly accurate marketing forecasts. Through the years since when he first started trading, Superman has amassed over $5.5 million in total trading earnings. Which Penny Stock To Buy Today
The Superman Alerts plan is an offering of essential features and trading alerts geared towards those who might be interested. For $147 per month, you’ll gain access daily stock watchlist that is premarket as well as the mobile app, daily market commentary in real-time, and email and SMS alerts.
In “Superman” Paul Scolardi: Superman Pro
At $247/month, you get additional features, plus access to a knowledgeable base that is provided by Superman himself through Superman Pro. Superman Pro package. Alongside the standard features included in the Alerts package, Superman Pro gives you weekly video lessons, including a growing library of all other previous ones. On top of that, you’ll also get access to premium research reports as well as the IPO as well as earnings tracking tool.
Profit.ly Programs and Costs
If you’re ready to join the trading community on the internet and make a mark on the market, Profit.ly has the right amount of resources to get you up and running. Profit.ly offers three membership tiers that cater to traders with different levels. Let’s take a look at what these three are and how much they’ll cost you.
Novice Plan
This package for novices is Profit.ly’s beginning-of-the-line plan specifically for people who are brand new to the trading world. When you sign up for this package, you will be immediately offered a range of strong and vital trading tools, all of which is essential to keep your fingers on what we could call a ruthless process in and of itself.
Some of the features you can do with Profit.ly’s Novice program is the ability to confirm trades and track profits and follow-up, leading and even texting other traders; and leaving feedback on today’s trades. It also allows you to be onto leaderboards; study the results of your analysis, sort, or filter the trades you make; and lastly, look at other’s stats.
The Novice plan will cost $29.95 per monthly payment. While it may look attractive for the price alone but there’s a disadvantage. You can’t create a private account, making your personal information public. If you’re looking to gain the benefit of this service, be watching for us to 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 individual profile that allows you to share with fellow associate users all your knowledge and information you have gained from the trading community.
The price is $49.95/month, Profit.ly’s Trader plan does what the name suggests: Cater for those looking to develop their expertise in trading. Although it’s a nice thing however, there’s a crucial aspect that’s not included. Unlike the previous Novice package, this one won’t be able to see other traders’ statistics this could be a problem for some who may be anticipating this level. Which Penny Stock To Buy Today
Pro Plan
The Pro plan is the highest luxurious package Profit.ly can offer to experienced traders. With $74.95 per month, which includes 22% off when billed annually the Pro plan has it all. You get full, no-holds-barred access to all the features from the two prior plans.
In addition, you’ll be able to view other people’s stats and data, but you also have the option of creating an individual profile. Both of these options, in addition to the advantages you’ll be able to use to their fullest capacity. If you’re looking for an account that will give all the features you need to be a skilled trader, maybe the Pro level is the right choice for you!
Profit.ly’s Other Services
In addition to the training tools and the leaderboards, Profit.ly provides a variety of more services it has to offer. One of these is its online store, where customers can select from a variety 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 site can be purchased immediately for personal use. These include best-selling products like the “Trading Tickers” series from trading 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 from the Annual Pennystocking Conference, and items from other experts in trading.
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The chat rooms that are integrated are as well part of Profit.ly’s variety of features and services. You are probably familiar with the chat room as you will see it on messaging and social platforms, and also on a few specialty websites that offer live chat assistance. However, in Profit.ly the chat room is viewed as a hands-on place where gurus and their members can interact and share knowledge in real-time. Each guru has their style when it comes to running their chat room and dealing with the listed members there. One of them may be a laid-back person who is not very often engaged, while another could be more online and communicative to their pupils. Think of the chatrooms as Profit.ly’s version of the forum in essence.
Who is the best trader to Profit.ly?
Profit.ly’s diverse range of products and features are geared towards a large variety of stock traders, from beginners to experienced pros. Given the wide range of options it can provide, the platform surely has something for everyone.
For instance, newbies will appreciate Profit.ly’s collection of educational materials available across the platform. They will also be enriched with weekly videos and chat room tips by its internal gurus and their members. They’ll also be able to select from the products on its store online for them to take wherever they may go. You can also get hands-on experiences by trading through the platform, but ultimately they’ll be able to realize that this is a risky game that shouldn’t be treated as an opportunity to make fun of.
For traders who have years of exposure down the line, we believe Profit.ly equally suited for them as it is for those who are just starting. While novice traders may not be as well-equipped with dealing with trading issues, the pros already understand how it works and the risky mix associated with it. In the ideal scenario, they can use 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 short tips and tricks throughout the process.
Profit.ly’s “all-inclusive” nature doesn’t just apply to newbies and semi-experienced traders. Certified experts can also take part in the excitement! Those in the trading industry who are on an equal level with Superman as well as Tim Sykes can also use up Profit.ly’s abilities to show off their expertise to other traders as a way to help guide them through the ever-illustrious trading process. Which Penny Stock To Buy Today
Profit.ly’s Pros and Pros and
The Pros
- Profit.ly’s diverse capabilities as a ‘one-stop’ stock trading platform allows traders across the globe with an abundance of knowledge, communication, and trading tools
- You will receive excellent training and advice from the company’s in-house gurus, including video libraries that teach you how to learn and live trading activity.
- You’re assured of transparency throughout Profit.ly by using accurate data as well as other traders that are waiting to reach you when something goes wrong.
- The platform’s leaderboard feature gives you the chance to establish your reputation as a reliable and dependable trader
- Apart from its core abilities, Profit.ly also gives its customers extra options that can be tailored to their needs, like posting unverifiable trades through photographs
- Profit.ly’s diverse range of subscription plans and guru packages are priced at a reasonable cost There’s something for everyone
The Cons
- Profit.ly’s bountiful stream of products and packages offered might be too much for the majority of its users
- Since traders can choose to make any type of trade, there is an opportunity that some them could profit from cherry-picking the best trades to increase the rating – this may be a problem that shouldn’t be overlooked.
- Profit.ly does not offer refunds, as the premium customers will immediately benefit from the number of services the platform has to provide
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The Final Verdict: Is Profit.ly Worth It?
If we were able to come up with the answer, it would be a ‘yes’. However, you must realize that it shouldn’t be treated as a scheme to get rich quick. The platform was not always meant to be designed in this way. Instead, you need to have curiosity. Which Penny Stock To Buy Today
What we mean”yes” is that it is a fantastic learning tool. Those who may be stuck might discover Profit.ly’s array of resources helpful as they do their best to incur lesser loss and perform better than before. It’s not only the struggling traders who will benefit from this platform. It will be able to accommodate beginners as well as even experts in the field!
So, if you genuinely desire to be a better trader and want to learn from your peers and experts along the way, then take a look at Profit.ly. Profit.ly may be a great choice to start.
FAQ Which Penny Stock To Buy Today
How can you make use of Profit.ly to publish your trades?
Profit.ly offers the option of allowing trade entries within the My Trade’ category of the dashboard which lets you post your trades that are verified or otherwise. You may choose between three options:
- Linking your account to the brokerage of choice and importing transactions directly through there
- Manually entering your trades into provided spaces and specifics
- Take a photo of your transactions
How can I tell whether the trade can be verified or not?
If you import your trade through a reliable brokerage, there’s the likelihood that it can be verified. This is evident by the blue check mark. If you submit it in a manual way or by taking images, it will be classified as unverified.
The disadvantage of an unauthentic trade is the risk of getting downvotes from your colleagues. Too many downvotes may cause you to show up in the Madoff leaderboard, which is where the public can see who’s fraudulent in posting trades.
Are the Profit.ly mobile app still in use?
As of this writing, Profit.ly is still available for download on the App Store for Apple and on the Google Play store. The mobile version of the app works with all functioning tablets and smartphones.
How many people are on Profit.ly?
Profit.ly currently houses over 150,000 investors and traders as they not only are trying to maximize profits but also assist each other to develop and grow in their ability to take advantage of opportunities in the stock market all over the world.
