The stock market can be a high-stakes game. Some days, you could be reaping the benefits of pleasing and positive numbers. On other days, however you may experience the opposite, and it may sometimes be very difficult to get back to where you were your best. If you are always in the mud, you will have to realize that relying on instinct and survival is not always enough.
If you’ve suffered loss from time to time and you’re likely to require sound advice from tried-and-tested trading experts. Also, you’ll need an important boost from trading partners from all over the world, which is why we’ve identified a platform that can support you in your improvement within the field. In this review, we’ll be taking 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. To get a comprehensive overview of Profit.ly, you may still want to check out our article below.
Total Rating: 4.1/5 Buying Timothy Sykes On Ebay
Users Experience 4.5/5
Profit.ly can be described as an online platform for trading that permits traders of different levels to be informative, transparent, accountable, and encouraging each other through its broad array of tools and features including chat rooms, trade verification, and an enriched library of educational content.
What exactly is Profit.ly?
Profit.ly is a site for trading which serves as a learning and education platform for people who are just beginning their journey and as a hub for traders who are experienced to monitor their performance with the help of sophisticated analytics tools. Offering users a broad range of resources to facilitate trade and communication, it helps traders from all walks of life connect with one another. It offers gurus with an opportunity to invest in the right areas that the site. Consider it the social media equivalent like Facebook and Reddit however it is geared towards traders and experts.
Profit.ly independently verifies trade performances and then publishes the information from them in the form of leaderboards. The platform for trading is built on honesty and transparency: it ensures that the trades are valid and won’t tolerate inauthenticity as much as is humanly possible. It was founded years ago by the penny stock trade expert and investment guru Timothy Sykes, along with his colleague Michael Mosseri.
In an interview for Forbes magazine Sykes declared that Profit.ly was driven by its focus “on the transparency of the entire spectrum of trades, something which has never been previously done.” The concept was, he said, serving two objectives: one) keeping track of public data for not just the gurus as well as students and newsletter writers as well as) giving all users to be enlightened by both losses and wins to the benefit of the trading industry. Buying Timothy Sykes On Ebay
How Does It How Does It
Profit.ly follows a subscription-based model that lets stock traders have access to a range of features and services aimed at achieving success. You can create an account there for free, but you’re limited to the ability to navigate through the leaderboards and monitor the activities of non-gurus. If you’re ready 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 review in the coming days.
The process of opening an account is easy: create an account that includes your personal information and skills, join to your brokerage account, and you’ll have the chance to climb your way to high on the leaderboard. Profit.ly’s leaderboard feature, as we’ve mentioned earlier was designed to offer its users a look at their performance as a trading group as well as its gurus. It’s not just a way to demonstrate your worth to a large group of traders, but you can also use Profit.ly to shop with a guru, and have the assurance that you’re confident of their knowledge and the veracity of their claims.
If you feel uneasy with the idea of sharing the details of your broker account you can decide to share your trades, verified or otherwise, through photographs. 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 and other methods to communicate with your gurus in the chatroom, in addition to notifications via email or text as well as updates.
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Meet the Founder: Tim Sykes
Timothy Sykes is a well-renowned day trading guru who is well-known for his efforts in trades in penny stocks. According to Investopedia Penny stock refers to a small company’s stock which trades at less than $5 per share. The trading of penny stocks is an opportunity for small-scale businesses to make the transition to a large marketplace as they can access funds from the public. But don’t make the mistake of thinking that it’s also an extremely risky activity, as Sykes is sure to reveal because of his decades of expertise.
From his beginnings in the latter years of high school, Tim Sykes has, since then, made over $6 million of profit through his lengthy career as a trader. When he was 25 years old Tim Sykes had received greater exposure and a larger impact when he was a part of the reality show “Wall Street Warriors.” He took advantage of it to create trading rooms and penny stock themes as well as educational content targeted at those who are just beginning to learn about trading. He also played a role in establishing Profit.ly as a platform for openness, and to allow the community to rise and compete against each other through the platform.
The Profit.ly Gurus
One of Profit.ly’s amazing features is the wide range of learning resources, trade alerts, and other useful stuff offered by the platform’s in-house gurus. These gurus refer to experts in the field of trading who have proven to make substantial amounts of money from their collective years of knowledge. Buying Timothy Sykes On Ebay
At its peak, Profit.ly had housed up to five gurus, each of them a professional within their particular field in the field of trading. Some of the prominent experts included Connor Bruggermann, Nathan Michaud of Investors Underground, and Triforce among others. At the time of writing there are only two gurus who remain on the platform: the founder and penny stock trader Tim Sykes and veteran smallcap swing trader Paul Scolardi, also known as Superman. When we take that into account Let’s look at what packaged deals each guru has to offer.
From Tim Sykes Tim Sykes: Tim’s Alerts
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 be able to see him concentrate on the fundamental catalysts for stocks and utilize them to predict the next move that is possible when making trades.
A standalone purchase from Tim’s Alerts will get you access to the chatroom as well as the mobile app that’s available for iOS and Android devices, as well as text, e-mail and push alerts; and a daily stock watchlist.
From Tim Sykes: The Pennystocking Silver Package
Pennystocking Silver is the highest-quality version, with an upgraded version of Tim’s Alerts program. It costs $149.95 for a month this is an ideal plan for those who are more committed to penny stock trading. Pennystocking Silver includes all the basic features found in prior plans, such as swing trading alerts and unlimited access to a rich library of over 7,000 educational videos and new videos released every week.
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The following video is from “Superman” Paul Scolardi: Superman Alerts
Scolardi who is known under the alias “Superman,” is a swing trading professional with an eye for both small-cap monumental stocks and crazy-accurate marketing forecasts. Since the time he started trading, Superman has amassed over $5.5 million in all-time trading earnings. Buying Timothy Sykes On Ebay
The Superman Alerts plan is an package of vital features and trading alerts targeted toward those who may be interested. For $147 per month, you’ll gain an access to the day-to-day premarket stock watchlist along with the mobile app, daily market commentary shown in real time, and email and SMS alerts.
In “Superman” Paul Scolardi: Superman Pro
For $247 per month, you can enjoy additional features, as well as access to an extensive base of knowledge of information provided by Superman himself via Superman Pro. Superman Pro package. On top of the essentials that are included in the Alerts package, Superman Pro gives you weekly video lessonsthat include the growing collection of other previous ones. On top of that you’ll also gain an access to high-quality research papers and the IPO as well as earnings tracking tool.
Profit.ly Plans and Costs
If you’re eager to join the world of online trading and leave your mark on the industry, Profit.ly has the right amount of resources to help you started. The platform has three membership tiers that cater to traders of different levels. Let’s take a look at what these three tiers are and how much they will cost you.
This package for novices is Profit.ly’s basic plan that is designed specifically for those who are new to the trading world. As you sign to this plan, you will be immediately given a slew of robust and indispensable trading tools, each one of them essential in keeping your fingers on what we can describe as a cutthroat process in and of itself.
Some of the features you can accomplish using Profit.ly’s Novice package is the ability to confirm the results of your trades and track profit as well as leading, following and even texting other traders; and giving feedback on the trades of today. You can also get onto leaderboards; study your trades, sort as well as filter trades; and lastly, look at other’s stats.
The Novice plan costs $29.95 per month. Although it looks attractive simply because of the price but there’s a disadvantage. It isn’t possible to create a private account, making your activities publicly available. If you’re looking to have access to this feature, stay tuned as we introduce to you Profit.ly’s next plan.
The Trader Plan
The Trader plan allows you to use many of the features of the novice plan. In this plan, 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 this trading group.
The price is $49.95/month, Profit.ly’s Trader plan does what the name suggests: Cater for those looking to develop their trading skills. While it’s nice but there’s one important element that’s missing. Unlike the previous Novice package, you won’t be able to see the statistics of other traders that could be a disadvantage for those who are eager to try this new tier. Buying Timothy Sykes On Ebay
The Pro plan is the highest expensive plan Profit.ly could offer for seasoned traders. It costs $74.95 monthly, and a 22% discount for billing annually This plan offers it all. You will have full, unrestricted access to all features from the two prior plans.
Not only do you get to see other users’ stats, but you’re also given the opportunity to create an individual profile. These two features are on top of all the advantages that you can utilize to the fullest potential. 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 tools for training and leadersboards Profit.ly provides a variety of other services they offer. One of them is the online store, where customers can pick from a range of video products designed to inform and help you understand the nuances and pitfalls of trading. All of the products featured on this page of the website is available to be immediately purchased for personal use. Among these products include best-sellers such as”Trading Tickers,” the “Trading Tickers” series by trader professional Tim Grittani, Timothy Sykes’s library of DVDs and streaming-only content related to short stocking, penny stocking, and all other things trading-related, clips and clips of events like the Annual Pennystocking Conference, and other products by expert traders.
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Chat rooms integrated into Profit.ly are included in Profit.ly’s variety of features and services. You may be familiar with chat rooms since you can see it across social and messaging platforms, and also on a few specialty websites that offer live chat support. But on Profit.ly, it is seen as a hands-on space where experts and their member traders can communicate and share knowledge in real-time. Each guru has their style in running their chat rooms and dealing with the members there. One of them may be a laid-back person who is rarely engaged, while another could be more active and in touch with their students. Consider chat rooms as Profit.ly’s version of a forum, in essence.
Who is the ideal trader to Profit.ly?
Profit.ly’s diverse range of products and features cater to the wide range of stock traders, from beginners to experienced pros. Considering the number of offers it has to offer it is certain to have something for every person.
Beginners, for instance, will appreciate Profit.ly’s library of learning information available on the platform. In addition, they will get daily videos and chat room advice from its in-house gurus and members. They’ll also be able to choose from the items from its online store for them to take wherever they be. You can also get hands-on experiences by trading through the platform, however, they will soon learn that the process is a risky game that should not be viewed as an opportunity to make fun of.
For those traders who have had decades of experience in the line, we see Profit.ly equally suitable for them as it is for people who are just beginning. While the newbies may not be as adept at dealing with trading issues, the pros already understand how it works and the risky mix that come with it. In the ideal scenario, they can use Profit.ly’s range of features to their best advantage to enhance 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 to help them along.
Profit.ly’s “all-in” approach does not only apply to beginners or semi-experienced trader. Verified experts can also join in the fun! People in the trade industry who are at an equal level with Superman as well as Tim Sykes can also use the power of Profit.ly’s capabilities to showcase their skills to others as a way to navigate them through the ever-changing trading process. Buying Timothy Sykes On Ebay
Profit.ly’s Pros and Pros and
- Profit.ly’s diverse capabilities as a ‘one-stop’ stock trading platform allows traders from all over the world with an abundance of knowledge communications, trading, and communication tools
- You will be provided with excellent lessons and advice from the company’s in-house gurus, including video libraries that teach you how to learn and trading in real-time.
- You’re assured of transparency throughout Profit.ly with precise analytics as well as fellow traders who are ready to reach you out if something occurs.
- The platform’s leaderboard feature gives you a way to build your credibility as a trustworthy and verifiable trader
- Apart from its main features, Profit.ly also gives its users extra options to suit their preferences, such as posting unverifiable trades through screenshots
- Profit.ly’s wide array of packages and subscription levels are priced at affordable rates There’s something for every person
- Profit.ly’s numerous products and packages offered might seem overwhelming for a lot of its customers
- If traders decide to post any kind of trade, there’s a 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 overlooked.
- Profit.ly does not accept refunds because its premium users are expected to instantly benefit from the number of features the platform is able to offer
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The Final Verdict is: Is Profit.ly Valued?
If we could think of an appropriate answer for this query, it’s a ‘yes’. However, you must realize that it shouldn’t be treated as a get-rich-quick scheme. The platform was not always intended to be created for this reason. Instead, you should have an open mind. Buying Timothy Sykes On Ebay
What we do mean by ‘yes’ is that it is a fantastic learning tool. Those who may be stuck may find Profit.ly’s range of resources to be helpful as they do their best to reduce loss and perform better than before. It’s not just the struggling traders that will profit from the platform. It is able to accommodate novices and even experts!
If you truly desire to be better at trading and wish to be taught by your mentors and peers throughout the process, then take a look at Profit.ly. Profit.ly could be a good option to begin.
FAQ Buying Timothy Sykes On Ebay
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 record your trades that are verified or otherwise. You may choose between three choices:
- Linking your account to the brokerage of choice and then importing transactions directly through there
- Manually inputting your trades with specified spaces and information.
- Upload a screenshot of your trades
How do I know whether the trade can be verified or not?
If you buy your trade from a trusted brokerage, there is an excellent likelihood that it can be verified. This is shown by the small blue check. If you submit it manually or through pictures, it will be assigned as unverified.
The drawback of posting an unauthentic trade is the risk of getting downvotes from your colleagues. Too many downvotes may cause you to be listed on the Madoff leaderboard, where people can detect who’s being untruthful in submitting trades.
Are the Profit.ly mobile application still available?
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 works with all operating tablets and smartphones.
How many people are connected to Profit.ly?
Profit.ly is currently home to over 150,000 investors and traders as they not only are trying to maximize profits but also to help one another develop and grow in their ability to take advantage of opportunities on the stock market left and right.