Stock trading can be an extremely risky game. Some days, you might be reaping the benefits of pleasing and positive numbers. However, on other days you may experience the opposite and it can be extremely difficult to return to where you were your best. If you’re always in the mud, you will have be aware that relying solely on your instincts and preserving might not be enough.
If you’ve suffered loss from time to time and you’re likely to require sound advice from tried-and-tested trading experts. Additionally, you’ll require 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 in the industry. We’ll take an in-depth look at Profit.ly A well-respected one-stop 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. Do check out our article below, however, because it has a comprehensive overview of Profit.ly.
Total Rating: 4.1/5 Does Tim Sykes Have A Penny Stock Newsletter
Users Experience 4.5/5
Profit.ly is an online trading platform that permits traders of all levels to be knowledgeable responsible, transparent, and encouraging each other through its broad range of features and tools including chat rooms, trade verification and a rich library of educational content.
What exactly is Profit.ly?
Profit.ly is a site for trading that serves both as a learning and training platform for people new to trading and also as a platform for traders who are experienced to monitor their performance with the help of sophisticated analytics tools. Providing users with a wide array of options to facilitate trade and communication that help traders from every field of business connect with each other. It also allows gurus to make an opportunity to invest in the right areas that the site. Imagine it as an online social media platform similar to Facebook and Reddit, but for experts and traders.
Profit.ly independently checks the performance of trades and publishes all data of them in the manner of leaderboards. The platform’s trading model is based on trust and transparency. it makes sure that transactions are legitimate and will not allow for fraud as much as possible. It was created years ago by the penny expert in stock trading and investment guru Timothy Sykes, along with fellow expert Michael Mosseri.
One time during his appearance in Forbes magazine, Sykes declared that Profit.ly was driven by its focus “on the transparency of every trade, something that was never prior to.” This idea, he added, served two purposes: 1) making public records for not just the gurus, but also the newsletter writers and students and secondly) giving anyone on the platform to gain insight into the losses and wins to benefit the industry of trading. Does Tim Sykes Have A Penny Stock Newsletter
How Does It How Does It
Profit.ly is a subscription-based platform that lets stock traders gain access to a multitude of tools and services that are geared towards achieving the success of their business. It is possible to create an account there for free, but you’re limited to the ability to navigate through the leaderboards and monitor the actions of non-gurus. If you’re looking to invest your money to see which stocks the gurus are trading in real time it is necessary to join one of Profit.ly’s deals that we’ll go over shortly.
Making an account easy: create an account that includes your personal information and skills, join to your brokerage account, and you have yourself the chance to climb your way to high on the leaderboard. Profit.ly’s leaders’ board feature as mentioned previously, is designed to give its users a look at the performance of the trading community as well as its experts. It’s not only a chance to prove that you’re worthy to the group of traders, but you can also use Profit.ly to purchase with a professional with the assurance that you’re confident with their expertise and the legitimacy of their assertions.
If you feel uneasy with the concept of leaking information about your account with a brokerage, then you could decide to share your trades, whether verified or not, via screenshots. In Profit.ly are the vast number of courses in trading and the capability to see stats in a trader’s profile and other methods to communicate with your gurus via chatrooms in addition to text and e-mail alerts and updates.
Meet the Founder: Tim Sykes
Timothy Sykes is a well-renowned day trading guru who has been famously known for delving his hands into penny stock trading. According to Investopedia the term “penny stock” refers to a small-sized company’s stock which trades at under $5 for each share. Penny stock trading could be viewed as an avenue for small-scale businesses to make the transition into a larger market because they can access money from the general public. However, don’t get it wrong – it’s also a high-risk game, which Sykes will be able to tell you through his many years of experience.
Beginning in the latter years of the high schools, Tim Sykes has, since then, earned more than $6 million in profit through his lengthy career as trading professional. At the age of 25, he had been given more exposure and a wider impact as a participant in the reality series “Wall Street Warriors.” He used the opportunity to develop trading rooms, penny stock themes, as well as educational content targeted at those who are new to the trading field. He also helped to establish Profit.ly as a platform for transparency and for the community to uplift and compete with each other through the platform.
The Profit.ly Gurus
One of Profit.ly’s most appealing features is the vast array of learning tools, trade alerts as well as other useful information provided by the platform’s in-house gurus. Gurus are referred to experts in the field of trading who have proven to make substantial amounts of money from their combined years of expertise. Does Tim Sykes Have A Penny Stock Newsletter
At its height, Profit.ly had housed up to five gurus. Each of them a professional in their field of expertise in the trading industry. Some of the most prominent experts included Connor Bruggermann, Nathan Michaud of Investors Underground, and Triforce as well as a handful of others. At the time of writing only two gurus remain on the 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 packaged offers each guru offers.
From Tim Sykes Tim Sykes
Sykes provides an essential stock trading service with the main priority being penny-stock day trading via Tim’s Alerts. The cost is $74.95 per month, you’ll be able to see him concentrate on the fundamental stock catalysts and use them to anticipate the next possible moves in making trades.
A purchase on its own from Tim’s Alerts will get you access to the chatroom, as well as the mobile app available on iOS and Android devices, 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 that has been upgraded of the Tim’s Alerts package. Priced at $149.95 per month, it is a great option for those who are involved in penny stock trading. Pennystocking Silver comes with all the standard features that were included in the previous plan, such as swing trading alerts as well as unlimited access to an extensive library of over 7,000 educational videos and new videos released every week.
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 when he first started trading, Superman has amassed over $5.5 million in total trading earnings. Does Tim Sykes Have A Penny Stock Newsletter
The Superman Alerts plan is an offering of essential features and trading alerts geared towards those who might be interested. For just $147 per month, you’ll have an access to the day-to-day premarket stock watchlist as well as the mobile app, daily market updates in real-time, and SMS and e-mail alerts.
In “Superman” Paul Scolardi: Superman Pro
For the price of $247, you receive additional features, as well as access to the extensive knowledge base provided by Superman himself through Superman Pro. Superman Pro package. Alongside the standard features that are included in the Alerts package, Superman Pro gives you daily video lessons, which include the growing collection of other previous ones. In addition you’ll also gain the ability to access premium reports on research and the IPO and earnings tracker.
Profit.ly plans and costs
If you’re looking to join the trading community on the internet and make a mark on the field, Profit.ly has the right amount of resources to get you started. Profit.ly offers three membership tiers, each designed for traders of different levels. Let’s take a look at what these three levels are and what they’ll cost you.
This package for novices is Profit.ly’s basic plan that is designed specifically for people who are brand new to the trading world. Once you have signed up for this plan you’ll be provided with a variety of powerful and essential trading tools, each of which is essential to keep your fingers on what we could call a ruthless procedure in its own.
Some of the features you can accomplish using Profit.ly’s Novice package include the capability to check 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 can also get on leaderboards, analyze your trades, sort or filter the trades you make and, lastly, view other people’s statistics.
The Novice plan is $29.95 per monthly payment. Although it might look appealing just by the price but there’s a disadvantage. You aren’t able to create a personal profile, which makes your actions public. If you’re interested in gain the benefit of this service, you should keep an eye on us as we present to you Profit.ly’s new plan.
The Trader Plan
The Trader package allows users to benefit from many of the features of the novice plan. This plan allows that you can set up a private profile to share with other associates all your insights and intel in trader’s community.
Costing $49.95/month, Profit.ly’s Trader plan does what the name suggests catering to those who desire to develop their trading skills. Although it’s a nice thing but there’s one important element that’s missing. As opposed to the prior Novice package, you will not be able view the statistics of other traders, which could be a disadvantage for some who may be looking forward to this tier. Does Tim Sykes Have A Penny Stock Newsletter
This is by far the most luxurious package Profit.ly can offer to experienced traders. At $74.95 each month with 22% off for annual billing the Pro plan has it all. You get full, no-holds-barred access to all features of the previous plans.
You’re not only able to see other users’ stats and data, but you also have the opportunity to create your own private profile. Both of these options, on top of all the benefits that you can use to the fullest potential. If you’re looking for an account that will give you everything you need as a skilled trader, maybe the Pro plan 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 additional services that it can offer. One of them is the online store, which lets users select from a variety of videos created to help you understand the ins and outs of trading. All of the products featured on this page of the website is available to be purchased immediately for personal use. These include best-selling products like the “Trading Tickers” series by trading professional Tim Grittani, Timothy Sykes’s library of DVDs and streaming-only content on short stocking, penny stocking, as well as all things trading-related, clips and footage of the Annual Pennystocking Conference, and items from other experts in trading.
The chat rooms that are integrated are included in Profit.ly’s range of features and services. You are probably familiar with the concept of the chat room since you can see it across social and messaging platforms and also on a few specialty websites that provide live chat support. But in Profit.ly, it is seen as a hands-on area where experts and member traders can communicate and exchange knowledge in real-time. Every guru has their own way in operating their chat room and in dealing with the members. Some may be laid back and not very often active, while another may be more online and communicative to their pupils. Consider chatrooms as Profit.ly’s version of the forum in essence.
Who is the ideal Trader for Profit.ly?
Profit.ly’s diverse range of products and features caters to an array of stock traders, from beginners to experienced pros. Given the wide range of options it has to offer, the platform surely has something for every person.
Newbies, for instance, will appreciate Profit.ly’s knowledge-based content offered throughout the platform. They will also be enriched with weekly videos and chat room advice from the in-house experts and members. They’ll also be able to select from the products from its online store that they can take with them wherever they may be. They can also gain hands-on experiences from trading within the platform, but ultimately they’ll realize that the process is a risky game that shouldn’t be treated as an amusing pastime.
For the traders with years of exposure down the line, we see Profit.ly equally suitable to the newcomers. While the newbies may not be as proficient in handling trading matters, the pros already understand how it works along with the stack full of risks associated with it. Ideally, they may utilize Profit.ly’s variety of options to their maximum advantage to improve their trading abilities. Like novices, they can learn from the top experts and experts and utilize those short tips and tricks to help them along.
Profit.ly’s “all-inclusive” nature doesn’t just apply to newbies or semi-experienced trader. Certified experts can also take part in the enjoyment! Trade professionals who are at an equal level with Superman as well as Tim Sykes can also use Profit.ly’s capabilities. Profit.ly’s capabilities to showcase their skills to others in order to assist them in the ever-changing trading process. Does Tim Sykes Have A Penny Stock Newsletter
Profit.ly’s Pros and Cons
- Profit.ly’s many capabilities as a “one-stop” platform for trading stocks allows it to provide traders everywhere with an abundance of knowledge communications, trading, and communication tools
- You’ll be provided with excellent lessons and insights from its in-house gurus, including video libraries that teach you how to learn and live trading activity.
- You’re guaranteed transparency throughout Profit.ly with precise analytics and fellow traders who are ready to reach you out if something occurs.
- The platform’s leaderboard feature gives you the opportunity to increase your reputation as a reliable and verifiable trader
- Apart from its core features, Profit.ly also gives its customers extra options that can be tailored to their preferences, such as posting unauthentic trades via screenshots
- Profit.ly’s diverse range of packages and subscription levels are priced at a reasonable cost There is truly something for every person
- Profit.ly’s numerous products and packages offered might seem overwhelming for the majority of its users
- If traders decide to make any type of trade, there is the possibility that some of them could profit from cherry-picking the best trades to boost their rating – this may be a problem that shouldn’t be simply overlooked
- Profit.ly does not offer refunds, as the premium customers will immediately take advantage of the numerous services that the platform can provide
The Final Concluding Question is: Is Profit.ly Valued?
If we could come up with an answer to this question, it’s 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 designed to be used to achieve this goal. Instead, you need to have an open mind. Does Tim Sykes Have A Penny Stock Newsletter
What we mean”yes” is it could be a useful learning tool. Those who may be stuck may be able to find Profit.ly’s range of resources useful as they do their best to reduce loss and perform better than before. It’s not just the struggling traders that will benefit from this platform. It can accommodate beginners and even experts in the field!
If you truly care about being more successful in trading and would like to be taught by your peers and experts on the way, take a look at Profit.ly. Profit.ly is a fantastic option to begin.
FAQ Does Tim Sykes Have A Penny Stock Newsletter
How can you make use of Profit.ly to make your trades public?
Profit.ly has an entry section for trades within the My Trade’ category of the dashboard which allows you to post your trades, verifiable or otherwise. There are three choices:
- Connecting your account to your brokerage of choice and then importing the trades from that directly
- Manually entering your trades into provided spaces and specifics
- Upload a screenshot of your transactions
What can I do to determine if the trade is verifiable or not?
If you buy your trade through a reliable brokerage, there is the chance that it is verifiable. This is evident by the blue check mark. If you upload the information manually or via images, it will be classified as unverified.
The drawback of posting an unverified trade is the chance of getting downvotes from your friends and colleagues. A large number of downvotes could result in you appearing at the top of the Madoff leaderboard, where people can detect who’s being fraudulent in posting trades.
Are the Profit.ly mobile app still in use?
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 app version is compatible with the majority of operating tablets and smartphones.
How many people are currently using Profit.ly?
Profit.ly currently houses over 150,000 investors and traders since they’re not just looking to earn maximum profits but also to help one another learn and improve in acquiring opportunities in the stock market all over the world.