Stock trading is an extremely risky game. Some days, you could have the benefit of positive and satisfying numbers. On other days it could be the reverse, and it may sometimes be extremely difficult to return to the point you were at your best. If you find yourself constantly stuck in the gutter it is important to realize that relying on pure instinct and preservation may not always be enough.
If you’ve suffered losses from time to time, you’re gonna be needing solid advice from seasoned and tested trading experts. Also, you’ll need an important boost from colleagues in the market from all over the world, which is why we’ve identified an online platform that will help you in your improvement in the industry. We’ll take a look at Profit.ly is a well-known all-in-one 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. To get a comprehensive overview of Profit.ly, you may still want to check out our article below.
Total Rating: 4.1/5 Cost For Timothy Sykes Membership Forum
Users Experience 4.5/5
Profit.ly offers an internet-based trading service that enables traders of different levels to be informed responsible, transparent, and to build relationships with each other by offering a wide array of tools and features like chat rooms, trade verification as well as an extensive library of educational content.
What is Profit.ly?
Profit.ly is a trading site that serves both as a learning and training platform for those new to trading as well as a place for traders with experience to keep track of their performance with the help of cutting-edge analytics tools. Providing users with a wide array of options for communication and trade that help traders from all walks of life network with each other. It offers gurus with an opportunity to invest in the right areas that the site. Consider it a social media site akin to Facebook and Reddit however it is geared towards professionals and traders.
Profit.ly independently verifies trade performances and then publishes the information from them in the style of leaderboards. The platform’s trading model is based on transparency and honesty: it makes sure that trades are authentic and won’t allow for fraud as much as is humanly possible. It was created in the past by penny stock trade expert and investment expert Timothy Sykes, along with the other expert Michael Mosseri.
One time during his interview with Forbes magazine, Sykes said that Profit.ly was motivated by its focus “on showing the entire spectrum of trades, something which was never done before.” This idea, he added, served two purposes: 1) keeping track of public data for everyone, not just the experts, but also the newsletter writers and students and secondly) making it possible for anyone on the platform to learn from both the wins and losses to the benefit of the trading industry. Cost For Timothy Sykes Membership Forum
How Does It Perform?
Profit.ly follows a subscription-based model that allows stock traders to have access to a range of tools and services that are geared at achieving success. You can create an account on the site for free, but you’re only given the capability to browse the leaderboards and monitor the activities of non-gurus. If you’re ready to invest your money and see what stocks the experts are trading in real time, you will need to join one of Profit.ly’s deals that we’ll go over shortly.
The process of opening an account is simple: Create an account that includes your personal information and skills, join to your brokerage account and you’ll have a chance to shoot through high on the leaderboard. Profit.ly’s leaderboard feature, as mentioned previously it is designed to provide its users an insight into the performance of the trading community as well as its gurus. It’s not just a way to demonstrate your worth to a community of traders, but you can also use Profit.ly to buy with a guru, and have the confidence that you are confident with their expertise and the credibility of their claims.
If you’re not comfortable with the idea of sharing the details of your broker account you can opt to post your trades, verified or not, via screenshots. Included in Profit.ly is the huge selection of courses in trading, the ability to view statistics on a person’s profile and other methods to communicate with your gurus through the chatroom along with 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 trading personality who has been famously known for his involvement in trades in penny stocks. According to Investopedia the term “penny stock” is a small business’s stock which trades at under $5 for each share. Penny stock trading is an opportunity for small-scale businesses to make the transition into a larger market because they can access funds from the public. However, don’t get it wrong – it can also be an extremely risky activity, as Sykes is sure to reveal because of his decades of expertise.
Since his initial beginnings in his late years in high school, Tim Sykes has, since then, earned an estimated $6 million profits through his lengthy career as trading professional. At 25 years old Sykes was given greater exposure and a larger influence over time when he was a part of the reality series “Wall Street Warriors.” Then, he used the opportunity to develop trading rooms and penny stock themes and educational content geared toward those who are 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 on the platform.
The Profit.ly Gurus
One of Profit.ly’s sweet inclusions is the wide range of learning tools, trade alerts and other helpful stuff provided by the platform’s in-house gurus. Gurus are referred to the trading experts who have proven to make substantial profits from their combined years of knowledge. Cost For Timothy Sykes Membership Forum
At its height, 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 gurus included Connor Bruggermann, Nathan Michaud of Investors Underground, and Triforce, among a few 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. In light of that we’ll take a look at the packages each guru has to offer.
From Tim Sykes: Tim’s Alerts
Sykes offers basic stock trading services that focuses on penny stock day trading through Tim’s Alerts. The cost is $74.95 per month, you will see him focus on the fundamental catalysts for stocks and utilize them to predict the next moves that could occur when trading.
A single purchase of Tim’s Alerts will get you access to the chatroom as well as the mobile app available to iOS and Android devices; email, text, and push alerts; as well as a daily watchlist of stocks.
From Tim Sykes: The Pennystocking Silver Package
Pennystocking Silver is the premium version that has been upgraded of the Tim’s Alerts package. Priced at $149.95 for a month this is an ideal plan for those who are invested in penny stock trading. Pennystocking Silver offers all the essential features of prior plans, which includes alerts for swing trading and access to a rich library of over 7,000 educational videos and new videos released each week.
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The following video is from “Superman” Paul Scolardi: Superman Alerts
Scolardi, who goes by the alias “Superman,” is a trader who has an eye for both tiny-cap massive stocks as well as wildly accurate marketing forecasts. In the time since he began as a trader, Superman has amassed over $5.5 million in trading earnings. Cost For Timothy Sykes Membership Forum
The Superman Alerts plan is his offer of the most essential features and trading alerts geared toward those who may be interested. For $147/month, you’ll get access to the daily stock watchlist that is premarket along with the mobile app, the daily market updates in real time, and SMS and e-mail alerts.
The film “Superman” Paul Scolardi: Superman Pro
At $247/month, you get additional features, as well as access to a knowledgeable base of information provided by Superman himself via the Superman Pro package. In addition to the basic features included in the Alerts plan, Superman Pro gives you daily video lessons, which include the growing collection of the previous ones. On top of that you’ll also gain access to premium research reports and an IPO and earnings tracker.
Profit.ly Plans and Costs
If you’re looking to join the world of online trading and make a mark on the field, Profit.ly has the right amount of tools to get you going. The platform has three membership levels that cater to traders of different levels. Let’s break down what these three tiers are and how much they will cost you.
The package called Novice is Profit.ly’s entry-level plan designed especially for people who are brand new to the trading world. Once you have signed up for this plan, you will be immediately provided with a variety of powerful and indispensable trading tools, all of them integral in keeping your fingers on what we could call a ruthless process by itself.
Among the list of things you can do with Profit.ly’s Novice package include the ability to confirm the results of your trades and track profit as well as leading, following and even chatting with your fellow traders; and providing feedback on trades today. You’re also allowed to get onto leaderboards; study, sort, as well as filter trades and lastly, look at other’s stats.
The Novice plan costs $29.95 per month. While it may look attractive simply because of the price but there’s a disadvantage. It isn’t possible to create a private profile, thus making your actions public. If you do want to have an account with this option, stay tuned as we introduce to you Profit.ly’s next strategy.
The Trader plan allows you to take advantage of the majority of features available in the Novice plan. This plan allows that you are able to create an individual profile that allows you for sharing with fellow associate users all the insights and knowledge you gain from the trading community.
The price is $49.95/month, Profit.ly’s Trader plan does what the name suggests caters for those looking to develop their trading skills. As nice as it seems, there is one significant aspect that’s not included. As opposed to the prior Novice package, you won’t be able to view the statistics of other traders, which could be a disadvantage for those who are looking forward to this tier. Cost For Timothy Sykes Membership Forum
The Pro plan is the most luxurious package Profit.ly can offer to experienced traders. At $74.95 per month, which includes an additional 22% discount when billed annually, this tier has everything. It gives you full, unlimited access to all features of the prior plans.
You’re not only able to see other users’ stats as well, you’re also offered the chance to create your own private profile. Both of these options, plus the other advantages that you can utilize to the maximum extent. If you’re looking for a plan that can serve you with everything you require as a skilled trader, maybe the Pro plan is for you!
Profit.ly’s Other Services
Apart from the provided tools for training and leadersboards Profit.ly offers a number of additional services that it can offer. One of them is the online store, which lets users choose from a wide array of videos created to provide guidance on the nuances and pitfalls of trading. Each of the offerings listed in this section of the website is available to be purchased immediately for personal use. Among these products include best-sellers such as”Trading Tickers, “Trading Tickers” series by trader specialist Tim Grittani, Timothy Sykes’s library of DVDs and streaming-only content related to penny stocking, short stocking, as well as all things trading-related, clips and scenes of The Annual Pennystocking Conference, and items from other experts in trading.
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The integrated chat rooms are included in Profit.ly’s range of services and features. You may be familiar with the concept of the chat room as you can see it across messaging and social platforms, as well as some specialty websites that offer live chat support. But on Profit.ly the chat room is viewed as a real-time place where gurus and their members trade and share knowledge in real-time. Each guru has their style in operating their chat room and in dealing with the members. One of them may be a laid-back person who is less active, while another may be more interactive and online in their interactions with students. Think of chat rooms as Profit.ly’s version of the forum, in the essence.
Who is the Ideal trader to Profit.ly?
Profit.ly’s wide range of products and features are geared towards a large variety of stock traders, from novices to the most experienced. Considering the number of offers it offers, the platform surely has something for every person.
Newbies, for instance, will enjoy Profit.ly’s collection of educational materials available across the platform. They will also be enriched with weekly videos and chat room advice from the in-house experts as well as their members. They’ll also be able to choose from the items on its store online that they can take with them wherever they be. Additionally, they can gain practical experiences from trading within the platform, but eventually, they will soon learn that the process is a high stakes game that should not be viewed as an opportunity to make fun of.
For those traders who have had years of exposure down the road, we consider Profit.ly equally suited to those who are just starting. While the newbies may not be as proficient in handling trading matters, the pros already understand how it works and the stack full of risks associated with it. In the ideal scenario, they can use Profit.ly’s variety of features to their full advantage to improve their trading skills. Like novices, they can learn from the experts and experts and utilize those simple tips and hints along the way.
Profit.ly’s “all-in” approach isn’t limited to novices or semi-experienced trader. Experts who have been verified can also participate in the fun! Trade professionals 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 expertise to other traders as a way to assist them in the ever-changing trading process. Cost For Timothy Sykes Membership Forum
Profit.ly’s Pros and Pros and
- Profit.ly’s numerous capabilities as a “one-stop’ stock trading platform allows it to provide traders everywhere with tons of learning communications, trading, and communication tools
- You get to receive excellent training and advice from the company’s in-house gurus, including collections of educational videos as well as trading in real-time.
- You can be sure of complete transparency through Profit.ly with accurate analytics as well as other traders that are waiting to reach you when something goes wrong.
- The leaderboard feature of the platform offers you the chance to establish your credibility as a trustworthy and dependable trader
- Apart from its main capabilities, Profit.ly also gives its customers extra options that can be tailored to their needs, like posting unverifiable trades through images
- Profit.ly’s variety of packages and subscription levels are priced at affordable rates There’s something for all
- Profit.ly’s abundance of packages and services offered could be too much for most of its users
- If traders decide 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 concern that should not be simply overlooked
- Profit.ly does not accept refunds, as its premium users will immediately take advantage of the numerous features the platform is able to provide
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The Final Verdict The Final Verdict: Is Profit.ly worth it?
If we could come up with the answer, it would be a ‘yes’. But it is important to realize that the platform should not be used as a get-rich-quick scheme. The platform was not always meant to be designed to achieve this goal. Instead, you should have the ability to think with an open heart. Cost For Timothy Sykes Membership Forum
What we are referring to by ‘yes’ is that it can be a great learning tool. People who are stuck may discover Profit.ly’s range of resources to be helpful when they try their best to incur lesser losses and perform better than they did before. It’s not only the poor traders that can benefit from this platform. It will be able to accommodate beginners as well as even experts in the field!
If you really care about being better at trading and wish to learn from your fellows and gurus throughout the process, then you should look no further than Profit.ly. Profit.ly is a fantastic choice to start.
FAQ Cost For Timothy Sykes Membership Forum
How do you use Profit.ly to post your trades?
Profit.ly offers an entry section for trades under the My Trade’ category of the dashboard which lets you post your trades, verifiable or not. There are three options:
- Connecting your account to your broker of choice and import transactions directly through there
- Manually entering your trades into specified spaces and information.
- Send a screen shot of your transactions
How can I tell whether the trade is authentic or not?
If you buy your trade from a reputable brokerage, there’s the chance that it is verifiable. This is evident by the blue check mark. If you upload it manually or through pictures, it will be classified as unverified.
The drawback of posting an unauthentic trade is the risk of receiving downvotes from friends and colleagues. A large number of downvotes could cause you to show up on the Madoff leaderboard, where people can see who’s untruthful in submitting trades.
Is the Profit.ly mobile application still available?
At the time of writing, Profit.ly is still available for download on the App Store for Apple and in the Google Play store. The mobile version of the app is compatible with the majority of operating tablets and smartphones.
How many people are currently 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 assist each other to learn and improve in acquiring stock market opportunities both right and left.