Stock trading can be an exciting game with high stakes. Some days, you might have the benefit of positive and satisfying numbers. However, on other days you may experience the opposite and it could be extremely difficult to return to where you were at your most productive. If you are always in the mud You will need to recognize that relying on instinct and survival may not always be enough.
If you’ve suffered occasional losses You’ll need reliable advice from tested and tried trading experts. Additionally, you’ll require a significant boost from your fellow traders from around the world, which is why we’ve identified an online platform that will help you to improve your performance in the industry. We’ll take an in-depth look at Profit.ly is a well-known 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 How Do I Sign Up With Timothy Sykes With No Phone
User Experience: 4.5/5
Profit.ly offers an internet-based trading service that enables traders of all levels to be knowledgeable, transparent, accountable, and to build relationships with each other through its broad array of tools and features including chat rooms, trade verification and a rich 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 and as a hub for traders who are experienced to monitor their performance through the use of cutting-edge analytics tools. Offering users a broad array of options to facilitate trade and communication that help traders from all walks of life network with each other. It offers gurus with an opportunity to invest in the right areas of this platform. Consider it an online social media platform similar to Facebook and Reddit however it is geared towards traders and experts.
Profit.ly independently checks the performance of trades and publishes all data from them in the form of leaderboards. The platform for trading is built on transparency and honesty: it ensures that the transactions are legitimate and will not allow for fraud as much as it is possible. It was established years ago by the penny expert in stock trading and investment expert Timothy Sykes, along with his colleague Michael Mosseri.
One time during his interview with Forbes publication, Sykes stated that Profit.ly was driven by its focus “on showing every trade, something that was never done before.” This idea was, he said, serving two objectives: one) making public records for all traders, not just the gurus and students and newsletter writers as well as) giving all users to be enlightened by both losses and wins for the trading industry’s benefit. How Do I Sign Up With Timothy Sykes With No Phone
How Does It Work?
Profit.ly follows a subscription-based model which allows stock traders to have access to a range of services and features geared at achieving achievement. You may set up an account on the site for free, but you’re limited to the capability to browse the leaderboards and monitor the actions of non-gurus. If you’re looking to invest your money to see what stocks the experts are trading in real time You’ll need to subscribe to any of Profit.ly’s offers that we’ll go over shortly.
Setting up an account is easy: create an account with your experience and skills, join your brokerage account, and you’ll be given an opportunity to make your way up to the top of the leaderboard. Profit.ly’s leaderboard feature, as previously mentioned was designed to offer its users a look at how the community of traders performs as well as its gurus. It’s not just a way to prove your worth to a large group of traders, but you can also utilize Profit.ly to shop from a guru with the assurance that you’re comfortable with their expertise and the veracity of their claims.
If you’re not comfortable with the idea of divulging your brokerage account, you may choose to publish your trades, verified or otherwise, through screenshots. In Profit.ly are the vast number of trading courses and the capability to see stats in a trader’s profile, and more ways to interact with your experts through the chatroom along with text and e-mail alerts and updates.
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Meet the Founder: Tim Sykes
Timothy Sykes is a well-renowned day trading personality who is famously known for his involvement in penny stock trading. According to Investopedia Penny stock is a small business’s stock that trades for less than $5 per share. The penny stock market is a stepping stone for small-scale businesses to make the transition to a market that is larger as it gives them access to funds from the public. But don’t be mistaken – it’s also an extremely risky game, as Sykes will be able to tell you thanks to his years of experience.
From his beginnings in his late years in high school, Tim Sykes has, since then, earned an estimated $6 million profits throughout his illustrious career as trader. At the age of 25, he had been given greater exposure and a larger impact when he was a part of the reality TV show “Wall Street Warriors.” Then, he used the opportunity to develop trading rooms, penny stock themes, and educational content geared toward those who are just beginning to learn about trading. He also helped to establish Profit.ly as a platform for openness, and to allow the community to rise and compete with each other on the platform.
The Profit.ly Gurus
One of Profit.ly’s amazing features is the variety of learning resources, 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 earned substantial amounts of money through their years of experience. How Do I Sign Up With Timothy Sykes With No Phone
At its peak, Profit.ly had housed up to five gurus. Each of them a pro in their niche in the field of trading. Some of the most famous gurus included Connor Bruggermann, Nathan Michaud of Investors Underground, and Triforce among 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. When we take that into account, let’s take a look at what packaged deals each guru offers.
From Tim Sykes Tim Sykes
Sykes provides basic stock trading services which focuses on penny-priced day trading with Tim’s Alerts. Costing $74.95 per month, you’ll be able to be able to see him concentrate on the fundamental stock catalysts and use them to predict the next possible moves in making trades.
A single purchase from Tim’s Alerts will get you access to the chatroom as well as the mobile app that’s available to iOS as well as 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 for a month this is a great option for those who are more committed to penny stock trading. Pennystocking Silver includes all the basic features that were included in earlier plans which includes alerts for swing trading and access to a library of over 7,000 educational videos, with new ones released every week.
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In “Superman” Paul Scolardi: Superman Alerts
Scolardi who goes under the alias “Superman,” is a professional in swing trading with an eye for both small-cap monumental stocks and crazy-accurate marketing forecasts. Through the years since when he first started trading, Superman has amassed over $5.5 million in trading profits. How Do I Sign Up With Timothy Sykes With No Phone
The Superman Alerts plan is his offer of the most essential features and trading alerts geared towards those who might be interested. For $147 per month, you’ll gain an access to the day-to-day premarket stock watchlist and the mobile app, the daily market commentary in real time, and E-mail and SMS alerts.
From “Superman” Paul Scolardi: Superman Pro
For the price of $247, you receive additional features, plus access to an extensive base of knowledge that is provided by Superman himself via the Superman Pro package. On top of the essentials included in the Alerts package, Superman Pro gives you weekly video lessons, including the growing collection of previous lessons. In addition you’ll also gain access to premium research reports and the IPO or earnings monitor.
Profit.ly Plans and Costs
If you’re ready to join the online trading community and make a mark on the market, Profit.ly has the right amount of tools to get you started. The platform has three membership levels that are designed to accommodate traders at different levels. Let’s break down what these three levels are and what they’ll cost you.
The Novice package is Profit.ly’s entry-level plan designed especially for people who are brand new to the trading community. As you sign to this plan, you will be immediately given a slew of robust and vital trading tools, each of them integral in keeping your fingers on what call a competitive process in and of itself.
The list of features you can accomplish with Profit.ly’s Novice package include the capability to check trades and track profits and follow-up, leading, and even messaging your fellow traders; and giving feedback on the trades of today. It also allows you to be on leaderboards, analyze the results of your analysis, sort, as well as filter trades; and, lastly, view the statistics of other traders.
The Novice plan is $29.95 per monthly payment. Although it looks attractive for the price alone, there is a downside. You can’t create a private account, making your activities publicly available. If you’re looking to have an account with this option, stay tuned as we introduce to you Profit.ly’s next plan.
The Trader Plan
The Trader plan allows you to take advantage of the majority of features available in the novice plan. It is in this plan that you can set up an account that is private for sharing with fellow associate users all your knowledge and knowledge you gain from this trading group.
Priced at $49.95/month, Profit.ly’s Trader plan does what the name suggests caters to those who desire to develop their expertise in trading. Although it’s a nice thing however, there’s a crucial aspect that’s not included. In contrast to the Novice package, this one won’t be able to see other traders’ stats, which could be a disadvantage for those who are eager to try this new tier. How Do I Sign Up With Timothy Sykes With No Phone
The Professional plan can be described as the most premium package that Profit.ly offers to experienced traders. With $74.95 per month, and a 22% discount when billed annually, this tier has it all. It gives you full, unlimited access to all the options of the previous plans combined.
You’re not only able to look at other people’s statistics as well, you’re also offered the opportunity to create a private profile. These two features are on top of all the advantages you’ll be able to use to their fullest capacity. If you’re looking for a plan that can serve all the features you need to be a skilled trader, maybe the Pro tier could be the right choice for you!
Profit.ly’s Other Services
In addition to the tools for training and leaderboards, Profit.ly offers a number 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 that are designed to educate and guide you through the nuances and pitfalls of trading. The products listed in this section of the website can be immediately purchased for personal use. These include best-selling products such as”Trading Tickers, “Trading Tickers” series by trader professional Tim Grittani, Timothy Sykes’s collection of DVDs and streaming-only content about short stocking, penny stocking, as well as all related to trading, videos and scenes of events like the Annual Pennystocking Conference, and other products by expert traders.
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Chat rooms integrated into Profit.ly are also part of Profit.ly’s variety of services and features. You may be familiar with the chat room as you can see it across social and messaging platforms in addition to a few special websites that provide live chat support. However, in Profit.ly it’s seen as a real-time space where experts and their member traders can communicate and learn in real time. Each guru has their style in operating their chat room and dealing with the members. Some may be more laid back and less active, while another may be more online and communicative in their interactions with students. Consider chat rooms as Profit.ly’s version of the forum in its essence.
Who is the Ideal trader to Profit.ly?
Profit.ly’s diverse range of products and features cater to an array of stock traders, from beginners to experienced pros. Considering the number of offers it can provide this platform definitely has something for every person.
For instance, newbies will enjoy Profit.ly’s knowledge-based materials available across the platform. Not only will they be provided with videos every week and chat room advice from its in-house gurus as well as their members. They’ll also be able pick from the merchandise available on its store online for them to take wherever they may travel. Additionally, they can gain practical experiences by trading through the platform, but ultimately they’ll realize that this is a high stakes game that should not be viewed as a joke.
For those traders who have had many years of experience down the line, we see Profit.ly as equally as suitable for them as it is for those who are just starting. Although the novices might not be as well-equipped with managing trading but the experts already know the way it functions and the stack full of risks that come with it. Ideally, they may use Profit.ly’s range of options to their maximum advantage to develop their trading skills. Like novices, they can study from the gurus and experts , and use those quick tips and tidbits to help them along.
Profit.ly’s ‘all-together’ nature does not only apply to beginners and semi-experienced traders. Verified experts can also join in the enjoyment! Trade professionals who are on similar levels to Superman and Tim Sykes can also use Profit.ly’s capabilities. Profit.ly’s capabilities to display their skills to others as a way to help guide them through the ever-illustrious trading process. How Do I Sign Up With Timothy Sykes With No Phone
Profit.ly’s Pros and Pros and
- Profit.ly’s numerous capabilities as a “one-stop” platform for trading stocks allows traders from all over the world with a wealth of education communications, trading, and communication tools
- You get to receive excellent training and insights from its inside experts, as well as libraries of educational videos and trading in real-time.
- You’re guaranteed transparency throughout Profit.ly with precise analytics as well as fellow traders ready to call you when something goes wrong.
- The leaderboard feature on the platform gives you the opportunity to increase your credibility as a trustworthy and dependable trader
- Apart from its main features, Profit.ly also gives its customers additional options to meet their needs, like posting trades that are not authentic by taking images
- Profit.ly’s diverse range of subscription plans and guru packages are priced at affordable rates There’s something for everyone
- Profit.ly’s numerous packages and products offered may not be enough for a lot of its customers
- As traders may opt to open any kind of trade, there’s the possibility that some of them will profit by selecting the best trades in order to boost their rating – this may be a risk that shouldn’t be overlooked.
- Profit.ly will not allow refunds, as its premium users are expected to instantly benefit from the number of services the platform has to provide
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The Final Concluding Question The Final Verdict: Is Profit.ly Valued?
If we could think of the answer, it would be yes. However, you must realize that it shouldn’t be treated as a get-rich-quick scheme. It wasn’t intended to be created for this reason. Instead, you should have an open mind. How Do I Sign Up With Timothy Sykes With No Phone
What we mean”yes” is it is a fantastic learning tool. Those who may be stuck may find Profit.ly’s array of resources useful as they do their best to reduce loss and perform better than they did before. It’s not just the struggling traders that will benefit from the platform. It can accommodate beginners and even experts!
If you really desire to be more successful in trading and would like to be taught by your mentors and peers along the way, then look no further – Profit.ly may be a great alternative to start.
FAQ How Do I Sign Up With Timothy Sykes With No Phone
How can you make use of Profit.ly to post your trades?
Profit.ly has a trade entry portion within the My Trade’ category of the dashboard that allows you to post your trades, either verified or otherwise. There are three options:
- Connecting your account to your brokerage of choice and importing trades directly from there
- Manually inputting your trades with the spaces provided and details
- Send a screen shot of your trades
How do I know whether the trade is authentic or not?
If you buy your trade from a trusted brokerage, there’s the probability that it’s verifiable. This is evident by the blue check mark. If you post it in a manual way or by taking pictures, it will be classified as unverified.
The drawback of posting an unauthentic trade is the chance of receiving negative feedback from friends and colleagues. A large number of downvotes could cause you to be listed in the Madoff leaderboard, which is where the public can see who’s dishonest in posting trades.
Is the Profit.ly mobile app 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 app version is compatible with most operating tablets and smartphones.
How many are connected to Profit.ly?
Profit.ly currently houses over 150,000 investors and traders, since they’re not just seeking to make the most profit but also to help one another learn and improve in acquiring opportunities in the stock market all over the world.