The stock market can be an exciting game with high stakes. On certain days, you may enjoy the benefits of positive and satisfactory numbers. On other days, however, the opposite may happen and it can be extremely difficult to get back to where you were your most productive. If you’re always in the mud You will need to realize that relying on pure instinct and preservation may not always be enough.
If you’ve experienced loss from time to time and you’re likely to require solid advice from seasoned and tested trading experts. Also, you’ll need an enormous boost from your trading partners from all over the world, which is why we’ve identified an online platform that will help you in your growth in the industry. We’ll be taking an in-depth 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. To get a comprehensive overview of Profit.ly, you may still want to check out our article below.
Overall Rating: 4.1/5 Free Tim Sykes Lessons
The User’s Experience 4.5/5
Profit.ly is an online trading platform that allows traders of all levels to be informative and accountable, as well as transparent and uplifting with each other through its broad array of tools and features including trade verification, chat rooms and a rich library of educational material.
What exactly is Profit.ly?
Profit.ly is a trading site that functions as a training and learning platform for people who are just beginning their journey as well as a place for traders with experience to keep track of their performance with the help of advanced analytics tools. Providing users with a wide array of options for communication and trade that help 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 an online social media platform similar the likes of Facebook and Reddit but with a focus on professionals and traders.
Profit.ly independently validates trade performance and publishes all data of them in the manner of leaderboards. The trading platform is built on honesty and transparency: it makes sure that trades are valid and won’t accept fake news as long as it is possible. It was founded years ago by the penny stock trade expert and investment expert Timothy Sykes, along with his colleague Michael Mosseri.
One time , during an interview with Forbes magazine Sykes said that Profit.ly was driven by its focus “on the transparency of all trades, something that has never been done before.” The idea was, he said, serving two purposes: 1) creating public track records for all traders, not just the gurus as well as newsletter authors and students and secondly) giving everyone on the platform to learn from both the wins and losses to the benefit of the trading industry. Free Tim Sykes Lessons
How Does It Perform?
Profit.ly utilizes a subscription model that allows stock traders to benefit from a variety of tools and services that are geared towards achieving achievement. You can create an account on the site for free, but you’re only limited to having the ability to navigate through the leaderboard and observe the activities of non-gurus. If you’re interested in investing your money in order to find out which stocks the gurus are trading in real-time, you will need to subscribe to any of Profit.ly’s offers, which we will discuss in the near future.
The process of opening an account is simple: Create an account with your experience and skills, join your brokerage account, and you have yourself an opportunity to make your way up to the top of the leaderboard. Profit.ly’s leaderboard feature, as previously mentioned, is designed to give its users a look at the performance of the trading community and its experts. It’s not just a way to demonstrate value to a group of traders. You can also utilize Profit.ly to buy with a guru, and have the assurance that you’re confident of their knowledge and the veracity of their claims.
If you’re not comfortable with the idea of sharing your brokerage account, you may choose to publish your trades, whether verified or not, via pictures. Also included in Profit.ly are the vast number of trading courses, the ability to view statistics on a person’s profile as well as other ways to interact with your experts in the chatroom, as well as 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 his involvement in the penny-stock market. According to Investopedia the term “penny stock” refers to a small company’s shares that trade for less than $5 per share. The penny stock market could be viewed as an avenue for small businesses to transition to a market that is larger as it gives them access to capital from the general public. But don’t be mistaken – it’s also an extremely risky game, as Sykes will be able to tell you through his many years of expertise.
Since his initial beginnings in the latter years of High School, Tim Sykes has, since then, made an estimated $6 million profit through his lengthy career as trading professional. At 25 years old, he had been given more exposure and a wider influence over time as a participant in the reality series “Wall Street Warriors.” Then, he took advantage of it to establish trading rooms, penny stock themes, and educational material aimed at those who are just beginning to learn about trading. He also helped establish Profit.ly as a platform for openness, and for the community to lift each other up and compete with each other through the platform.
The Profit.ly Gurus
One of Profit.ly’s amazing features is the vast array of learning resources, trade alerts, and other useful stuff offered by the platform’s in-house gurus. Gurus are referred to the trading experts who have earned substantial profits from their collective years of expertise. Free Tim Sykes Lessons
At its peak, Profit.ly had housed up to five gurus, each of them a pro within their particular field in the trading industry. Some of the prominent experts were Connor Bruggermann, Nathan Michaud of Investors Underground, and Triforce as well as a handful of others. At the time of writing, there are only two gurus who remain on this platform: Founder and penny stock trader Tim Sykes and veteran smallcap swing trader Paul Scolardi, also known as Superman. In light of that Let’s look at the packages each guru has to offer.
From Tim Sykes Tim Sykes
Sykes offers an essential stock trading service which focuses on penny-priced day trading with Tim’s Alerts. The cost is $74.95 for a month you will see him focus on the basic stock catalysts and employ them to anticipate the next move that is possible when making trades.
A purchase on its own of Tim’s Alerts will get you access to the chatroom as well as the mobile application that is available on iOS as well as Android devices, as well as texts, emails, and push alerts; as well as a daily watchlist of stocks.
from Tim Sykes: The Pennystocking Silver Package
Pennystocking Silver is the premium version, with an upgraded version of Tim’s Alerts package. At $149.95 monthly, it is the perfect plan for those who are more committed to investing in penny stocks. Pennystocking Silver includes all the basic features of earlier plans which includes swing trading alerts and unlimited access to a rich collection of more than 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 name “Superman,” is a swing trading professional with an eye for both tiny-cap massive stocks as well as wildly accurate marketing forecasts. Since when he first started trading, Superman has amassed over $5.5 million in all-time trading earnings. Free Tim Sykes Lessons
The Superman Alerts plan is his offer of the most essential features and alerts on trading geared to those interested. For $147/month, you’ll get access daily premarket stock watchlist along with the mobile application, daily market commentary shown in real time, and E-mail and SMS alerts.
In “Superman” Paul Scolardi: Superman Pro
For the price of $247, you receive additional features, as well as access to a knowledgeable base provided by Superman himself through Superman Pro. Superman Pro package. On top of the essentials featured in the Alerts plan, Superman Pro gives you weekly video lessonsthat include 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 as well as earnings tracking tool.
Profit.ly Plans 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. The platform offers three membership tiers that are designed to accommodate traders of different levels. Let’s look at what the three levels are and what they will cost you.
This package for novices is Profit.ly’s entry-level plan designed especially for people who are brand new to the trading world. As you sign up for this plan you’ll be offered a range of strong and essential trading tools, each one of them essential in keeping your fingers on what we call a competitive procedure in its own.
Among the list of things you can do using Profit.ly’s Novice package is the ability to confirm trades and track profits and follow-up, leading, and even messaging your fellow traders; and leaving feedback on today’s trades. You’re also allowed to get on leaderboards, analyze, sort, or filter the trades you make; and lastly, look at other people’s statistics.
The Novice plan costs $29.95 per monthly payment. While it may look attractive simply because of the price, there is a downside. You aren’t able to create a personal profile, thus making your activities publicly available. If you’re looking to gain an account with this option, keep an eye on us as we present to you Profit.ly’s new plan.
The Trader package lets users to benefit from the majority of features available in the Novice plan. In this plan, that you can set up an account that is private for sharing with fellow associates all your insights and intel in this trading group.
Costing $49.95/month, Profit.ly’s Trader plan will do what the name implies: Cater to those who desire to develop their expertise in trading. As nice as it seems however, there’s a crucial feature that is missing. As opposed to the prior Novice package, you won’t be able to view other traders’ statistics, which might be a drawback for some who may be eager to try this new tier. Free Tim Sykes Lessons
The Professional plan can be described as the most expensive plan Profit.ly offers to experienced traders. With $74.95 each month with a 22% discount for billing annually the Pro plan has everything. It gives you full, unlimited access to all the options of the previous plans combined.
In addition, you’ll be able to look at other people’s statistics as well, you’re also offered the opportunity to create your own private profile. These two features are on top of all the benefits that you can use to the fullest potential. If you’re in search of an account that will give you with everything you require as trader with experience, the Pro level is ideal 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 instructional videos that are created to guide you through the nuances and pitfalls of trading. The products listed in this section of the website is available to be purchased immediately for personal use. These include best-selling products like”Trading Tickers, “Trading Tickers” series by trading expert Tim Grittani, Timothy Sykes’s collection of DVDs and streaming-only content about short stocking, penny stocking, and all other things trading-related, clips and footage from The Annual Pennystocking Conference, and products from other expert traders.
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The chat rooms that are integrated are also part of Profit.ly’s range of services and features. You’re probably familiar with the concept of chat rooms since you can see it across social and messaging platforms, and also on a few specialty websites that provide live chat assistance. But in Profit.ly it’s seen as a hands-on space where experts and their members trade and learn in real time. Every guru has their own way when it comes to running their chat room and dealing with the members there. One of them may be more laid back and not very often active, while another might be more online and communicative in their interactions with students. Think of the chatrooms as Profit.ly’s version of the forum in essence.
Who is the ideal trader to Profit.ly?
Profit.ly’s diverse range of products and features are geared towards a large variety of stock trader types, from beginners to experienced pros. Given the wide range of options it offers it is certain to have something for every person.
For instance, newbies will enjoy Profit.ly’s library of learning content offered throughout the platform. They will also get daily videos and chat room advice from its in-house gurus and their members. Additionally, they can choose from the items in its online store for them to take wherever they go. They can also gain hands-on experiences from trading within the platform, however they’ll realize that the process is a risky game that shouldn’t be treated as an amusing pastime.
For traders who have many years of experience down the road, we consider Profit.ly equally suitable for them as it is for the newcomers. While the newbies may not be as proficient in handling trading matters, the pros already understand how it works and the plethora of risks associated with it. In the ideal scenario, they can use Profit.ly’s variety of features to their full advantage to enhance their skills in trading. As beginners, they are able to learn from the experts as well as experts, and take advantage of simple tips and hints to help them along.
Profit.ly’s “all-inclusive” nature isn’t limited to novices as well as semi-seasoned traders. Certified experts can also take part in the excitement! Those in the trading industry who are at similar levels to Superman and Tim Sykes can also use up Profit.ly’s abilities to show off their expertise to other traders as a way to guide them through the ever-illustrious trading process. Free Tim Sykes Lessons
Profit.ly’s Pros and Pros and
- Profit.ly’s many capabilities as a “one-stop’ platform for trading stocks allows it to provide traders everywhere with a wealth of education communications, trading, and communication tools
- You’ll receive excellent training and tips from the inside experts, as well as video libraries that teach you how to learn and trading in real-time.
- You’re guaranteed transparency throughout Profit.ly by using accurate data and fellow traders who are ready to reach you when something goes wrong.
- The leaderboard feature of the platform offers you the opportunity to increase your reputation as a reliable and verifiable trader
- Apart from its main features, Profit.ly also gives its customers extra options that can be tailored to their preferences, such as posting unverifiable trades through images
- Profit.ly’s diverse range of subscription plans and guru packages are priced at a reasonable cost There is truly something for everyone
- Profit.ly’s abundance of packages and services offered could not be enough for the majority of its customers
- If traders decide to post any kind of trade, there’s the possibility that some of them may take advantage by cherry-picking the best trades to boost their rating this could be a concern that should not be simply overlooked
- Profit.ly does not accept refunds because its premium users are expected to immediately benefit from the number of features the platform is able to offer
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The Final Concluding Question is: Is Profit.ly Worth It?
If we were able to come up with an answer to this question, it’s an affirmative “yes”. However, you must realize that the platform should not be used as a scheme to get rich quick. It wasn’t meant to be designed to achieve this goal. Instead, you need to have curiosity. Free Tim Sykes Lessons
What we are referring to by ‘yes’ is that it can be a great learning tool. Those who may be stuck could find Profit.ly’s range of resources useful as they do their best to avoid losses and perform better than 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!
If you truly desire to be better at trading and wish to be taught by your peers and experts along the way, then take a look at Profit.ly. Profit.ly is a fantastic alternative to start.
FAQ Free Tim Sykes Lessons
What are the best ways to use Profit.ly to publish your trades?
Profit.ly offers a trade entry portion under the My Trade’ category of the dashboard which lets you post your trades, either verified or not. You may choose between three choices:
- Connecting your account to your brokerage of choice and then importing the trades from that directly
- Manually entering your trades using the spaces provided and details
- Send a screen shot of your trades
What can I do to determine whether the trade can be verified or not?
If you import your trade from a reputable brokerage, there’s an excellent probability that it’s verifiable. This is indicated with the blue check mark. If you upload it in a manual way or by taking images, it will be classified as unverified.
The downside of having an unauthenticated trade is the risk of getting downvotes from your colleagues. A large number of downvotes could result in you appearing in the Madoff leaderboard, where people are able to identify who is fraudulent in posting trades.
Does the Profit.ly mobile application still available?
As of the moment, Profit.ly is still available to download from the Apple App Store as well as the Google Play store. The mobile version of the app is compatible with most working smartphones and tablets.
How many are connected to Profit.ly?
Profit.ly currently houses more than 150,000 traders and investors, as they not only are looking to earn maximum profits but also help each other grow and learn more about acquiring opportunities on the stock market left and right.