Stock trading can be an exciting game with high stakes. On some days, you could have the benefit of positive and satisfactory numbers. On other days, however, the opposite may happen, and it may sometimes be very difficult to return to the point you were at your peak. If you’re constantly stuck in the gutter You will need to recognize that relying on pure instinct and preservation might not be enough.
If you’ve suffered loss from time to time, you’re gonna be needing sound advice from tried-and-tested trading experts. You’re also gonna need a significant boost from your colleagues in the market 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 a look at Profit.ly A well-respected 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.
Overall Rating: 4.1/5 Cost For Timothy Sykes Millionaire Trading Program
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 and accountable, as well as transparent and to build relationships with each other by offering a wide range of features and tools such as chat rooms, trade verification as well as an extensive library of educational content.
What exactly is Profit.ly?
Profit.ly is a trading site that serves both as a training and learning platform for traders who are starting out and as a hub for traders with experience to keep track of their performance with the help of cutting-edge analytics tools. Providing users with a wide range of resources for communication and trade, it helps traders from all walks of life network with one another. It gives the gurus worthwhile investments within the confines of this platform. Imagine it as the social media equivalent like Facebook and Reddit, but for experts and traders.
Profit.ly independently verifies trade performances and then publishes the information of them in the manner 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 established many years ago by penny expert in stock trading and investment expert Timothy Sykes, along with his colleague Michael Mosseri.
In an interview with Forbes magazine, Sykes said that Profit.ly was driven by its focus “on showing all trades, something that has never been previously done.” The concept, he added, served two goals: 1.) creating public track records for everyone, not just the experts, but also the students and newsletter writers and secondly) making it possible for everyone on the platform to gain insight into both the wins and losses to benefit the industry of trading. Cost For Timothy Sykes Millionaire Trading Program
How Does It Work?
Profit.ly is a subscription-based platform which allows stock traders to have access to a range of services and features geared towards achieving the success of their business. You may set up an account at no cost, however 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 in order to find out what stocks the experts are trading in real-time, you will need to join one of Profit.ly’s offerings, which we will review in the coming days.
Setting up an account is easy: create a profile with your experiences and knowledge, then connect to your brokerage account, and you have yourself an opportunity to make your way to high on the leaderboard. Profit.ly’s Leaderboard function, which was previously mentioned, is designed to give its users a glimpse of the performance of the trading community as well as its gurus. It’s not only a chance to demonstrate that you’re worthy to the large group of traders. You can also use Profit.ly to buy with a guru, and have the assurance that you’re comfortable in their skills and the legitimacy of their claims.
If you feel uneasy with the concept of leaking your brokerage account, you can decide to share your trades, whether verified or otherwise, through photographs. Also 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 interact with your experts in the chatroom, along with 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 famously known for his efforts in the penny-stock market. According to Investopedia Penny stock refers to a small-sized company’s shares that trade for under $5 for each share. The penny stock market is an opportunity for small businesses to transition to a large marketplace as it allows them to access funds from the general public. But don’t be mistaken – it can also be an extremely risky game, as Sykes can surely tell thanks to his years of experience.
Beginning at the end of his time in High School, Tim Sykes has, since then, made more than $6 million in profits during his long and successful career as trading professional. When he was 25 years old, he had been given more exposure and a wider reach of influence when he became part of the reality show “Wall Street Warriors.” He used the opportunity to develop trading rooms as well as penny stock themes and educational content geared toward those who are just beginning to learn about trading. He also played a role in establishing Profit.ly as a platform for openness, and for the community to uplift and compete with each other on the platform.
The Profit.ly Gurus
One of Profit.ly’s sweet inclusions is the wide range of education resources, trade alerts, and other useful stuff offered by the company’s internal gurus. The gurus in question refer to the trading experts who have earned substantial profits from their combined years of knowledge. Cost For Timothy Sykes Millionaire Trading Program
At its peak, Profit.ly had housed up to five gurus. Each of them a professional in their niche in the field of trading. Some of the most prominent experts were Connor Bruggermann, Nathan Michaud of Investors Underground, and Triforce, among a few others. As of this writing, there are only two gurus who remain on the platform: the founder of the penny stock market 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 offers.
From Tim Sykes Tim Sykes: Tim’s Alerts
Sykes provides basic stock trading services with the main priority being penny-stock day trading via Tim’s Alerts. At $74.95 monthly, you’ll be able to see him concentrate on the fundamental stock catalysts and use them to anticipate the next move that is possible when making trades.
A single purchase from Tim’s Alerts will get you access to the chatroom and the mobile app available to iOS as well as 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 highest-quality version, with an upgraded version of Tim’s Alerts package. It costs $149.95 for a month it 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, such as swing trading alerts as well as 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 professional in swing trading with an eye for 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 trading earnings. Cost For Timothy Sykes Millionaire Trading Program
The Superman Alerts plan is his package of vital features and alerts on trading geared toward those who may be interested. For just $147 per month, you’ll have access daily premarket stock watchlist along with the mobile app, daily market updates in real-time, as well as email and SMS alerts.
From “Superman” Paul Scolardi: Superman Pro
At $247/month, you get additional features, plus access to an extensive base of knowledge that is provided by Superman himself through the Superman Pro package. In addition to the basic features included in the Alerts package, Superman Pro gives you weekly video lessons, including a growing library of all the previous ones. On top of that you’ll also have the ability to access premium reports on research as well as the IPO and earnings tracker.
Profit.ly plans and costs
If you’re eager to join the trading community on the internet and make a mark on the market, Profit.ly has the right amount of tools to get you started. The platform offers three membership levels, each designed for traders at different levels. Let’s look at what the three levels are and what they’ll cost you.
This package for novices is Profit.ly’s beginning-of-the-line plan specifically for those who are just beginning their journey to the trading world. When you sign to this plan, you will be immediately offered a range of strong and vital trading tools, all of which is essential to keep your fingers on what could call a ruthless process by itself.
Some of the features you can do with Profit.ly’s Novice package is the ability to verify trades and track profits; leading, following and even texting your fellow traders, as well as leaving feedback on today’s trades. It also allows you to be on leaderboards; analyze your trades, sort as well as filter trades and, finally, see the statistics of other traders.
The Novice plan will cost $29.95 per monthly payment. While it may look attractive just by the price but there’s a disadvantage. You can’t create a private account, making your actions public. If you’re interested in have an account with this option, keep an eye on us as we present to you Profit.ly’s next strategy.
The Trader Plan
The Trader package allows users to benefit from a majority of features from the novice plan. In this plan, that you are able to create a private profile to share with fellow associates all your insights and intel in this trading group.
The price is $49.95/month, Profit.ly’s Trader plan is exactly what it says caters to those who desire to harness their skills in trading. While it’s nice but there’s one important feature that is missing. In contrast to the Novice package, you won’t be able to see other traders’ statistics this could be a disadvantage for some who may be looking forward to this tier. Cost For Timothy Sykes Millionaire Trading Program
This is by far the highest expensive plan Profit.ly could offer for seasoned traders. It costs $74.95 each month which includes an additional 22% discount when billed annually, this tier has everything. You will have full, unrestricted access to all options of the prior plans.
In addition, you’ll be able to look at other people’s statistics, but you’re also given the option of creating an individual profile. Both of these options, plus the other benefits that you can use to the maximum extent. If you’re looking for an account that will give all the features you need to be trader with experience, the Pro plan is ideal for you!
Profit.ly’s Other Services
Apart from the provided training tools and the leaderboards, Profit.ly has a few additional services that it can offer. One of those is its online store, which lets users select from a variety of video products that are designed to educate and help you understand the nuances and pitfalls of trading. Each of the offerings listed in this section of the website can be purchased immediately for personal use. These include best-selling products like”Trading Tickers,” the “Trading Tickers” series by trader expert Tim Grittani, Timothy Sykes’s collection of DVDs, streaming-only content related to penny stocking, short stocking, and other things trading-related, clips and footage from The Annual Pennystocking Conference, and items from other experts in trading.
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Chat rooms integrated into Profit.ly are as well part of Profit.ly’s array of features and services. You may be familiar with the chat room as you will see it on messaging and social platforms, as well as some specialty websites that provide live chat assistance. But in Profit.ly the chat room is viewed as a hands-on space where experts and their members trade and share knowledge in real-time. Every guru has their own way in operating their chat room and dealing with the members there. Some may be laid back and less active, while another might be more active and in touch with their 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 cater to a large variety of stock trader types, from beginners to experienced pros. Considering the number of offers it has to offer it is certain to have something for all.
Beginners, for instance, will enjoy Profit.ly’s library of learning materials available across 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 pick from the merchandise available on its store online for them to take wherever they travel. Additionally, they can gain practical experiences by trading through the platform, however they’ll realize that the process is a risky game that shouldn’t be taken as an amusing pastime.
For those traders who have had many years of experience down the line, we see Profit.ly equally suited to them as people who are just beginning. Although the novices might not be as well-equipped with handling trading matters, the pros already understand the way it functions and the stack full of risks that come with it. It is ideal to utilize Profit.ly’s range of features to their full advantage to enhance their trading abilities. Like novices, they can study from the gurus and experts and utilize those simple tips and hints to help them along.
Profit.ly’s “all-in” approach does not only apply to beginners as well as semi-seasoned traders. Certified experts can also take part in the fun! Those in the trading industry who are at an equal level with Superman as well as Tim Sykes can also use up Profit.ly’s capabilities to showcase their skill to others in order to assist them in the ever-changing trading process. Cost For Timothy Sykes Millionaire Trading Program
Profit.ly’s Pros and Cons
- Profit.ly’s numerous capabilities as a ‘one-stop’ stock trading platform enable traders from all over the world with tons of learning tools, communication, and trading tools
- You will be taught by experts 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 with precise analytics as well as fellow traders that are waiting to reach you when something goes wrong.
- The leaderboard feature of the platform offers you a way to build your reputation as a reliable and verifiable trader
- Apart from its main abilities, Profit.ly also gives its customers additional options to meet their needs, like posting unverifiable trades through images
- Profit.ly’s diverse range of subscription plans and guru packages are priced at reasonable prices – there truly is something for all
- Profit.ly’s abundance of products and packages offered might seem overwhelming for most of its customers
- As traders may opt to post any kind of trade, there’s the possibility that some of them could profit from picking the most profitable trades to increase the rating this could be a risk that shouldn’t be overlooked.
- Profit.ly will not allow refunds as the premium customers are expected to instantly benefit from the number of features the platform is able to provide
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The Final Verdict is: Is Profit.ly worth it?
If we could think of the answer, it’s an affirmative “yes”. But it is important to realize that the platform should not be used as a get-rich-quick scheme. It wasn’t intended to be created for this reason. Instead, you need to have an open mind. Cost For Timothy Sykes Millionaire Trading Program
What we do mean”yes” is it is a fantastic learning tool. Those who may be stuck might be able to find Profit.ly’s range of resources useful as they do their best to incur lesser losses and be more successful than they did before. It’s not only the struggling traders that will benefit from the platform. It will be able to accommodate beginners as well as even experts in the field!
If you truly care about being a better trader and want to learn from your peers and experts on the way, take a look at Profit.ly. Profit.ly may be a great choice to start.
FAQ Cost For Timothy Sykes Millionaire Trading Program
What are the best ways to use Profit.ly to make your trades public?
Profit.ly offers the option of allowing trade entries within the “My Trade’ category of the dashboard. It allows you to post your trades that are verified or not. You may choose between three choices:
- Connecting your account to your broker of choice and import transactions directly through there
- Manually entering your trades into specified spaces and information.
- Take a photo of your trades
How can I tell whether the trade can be verified or not?
If you purchase your trade from a trusted brokerage, there is an excellent probability that it’s verifiable. This is indicated with the blue check mark. If you submit it in a manual way or by taking screenshots, it will automatically be assigned as unverified.
The disadvantage of an unauthentic trade is the chance of receiving negative feedback from friends and colleagues. Too many downvotes may result in you appearing 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 Apple App Store and in the Google Play store. The mobile version of the app is compatible with the majority of functioning tablets and smartphones.
How many people are using Profit.ly?
Profit.ly currently houses over 150,000 investors and traders, as they not only are seeking to make the most profit but also to help one another grow and learn more about acquiring stock market opportunities all over the world.