The stock market can be an extremely risky game. Some days, you may have the benefit of positive and satisfying numbers. On other days, however, the opposite may happen and it can be very difficult to return to where you were at your best. If you’re always in the mud You will need to recognize that relying on your instincts and preserving might not be enough.
If you’ve been incurring losses from time to time and you’re likely to require reliable advice from tested and tried trading experts. Additionally, you’ll require an enormous boost from your fellow traders from around the globe, which is why we’ve identified an option that can help you in your growth in the industry. We’ll be taking a look at Profit.ly A well-respected 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 How Much Does It Cost To Be Tim Sykes Student
Users Experience 4.5/5
Profit.ly is an online trading platform that permits traders of various levels to be informative responsible, transparent, and encouraging one another through its wide variety of tools and features like trade verification, chat rooms and a rich library of educational material.
What is Profit.ly?
Profit.ly is a trading site which serves as a learning and training platform for traders who are just beginning their journey and also as a platform for traders with experience to keep track of their performance through the use of sophisticated 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 worthy investments within the boundaries of this platform. Consider it a social media site akin like Facebook and Reddit, but for traders and experts.
Profit.ly independently validates trade performance and posts all the data from them in the style of leaderboards. The platform’s trading model is based on honesty and transparency: it guarantees that the trades are authentic and won’t allow for fraud as much as is humanly possible. It was established in the past by penny expert in stock trading and investment expert Timothy Sykes, along with his colleague Michael Mosseri.
In an interview with Forbes magazine Sykes declared that Profit.ly was motivated by its focus “on the transparency of all trades, something that has never been done before.” This idea Sykes said served two goals: 1.) keeping track of public data for all traders, not just the gurus, but also the newsletter authors and students as well as) allowing anyone on the platform to learn from both the wins and losses to the benefit of the trading industry. How Much Does It Cost To Be Tim Sykes Student
How Does It How Does It
Profit.ly follows a subscription-based model which allows stock traders to have access to a range of services and features geared towards achieving the success of their business. You can create an account there for free, but you’re limited to the ability to navigate through the leaderboard and observe the actions 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’ll need to sign up to one of Profit.ly’s deals that we’ll go over shortly.
Making an account easy: create a profile with your experiences and skills, join to your brokerage account, and you’ll be given a chance to shoot your way to high on the leaderboard. Profit.ly’s leaders’ board feature as previously mentioned was designed to offer its users an insight into their performance as a trading group and its experts. You’re not just allowed to demonstrate that you’re worthy to the large group of traders. You can also utilize Profit.ly to shop from a guru with the confidence that you are confident of their knowledge and the legitimacy of their assertions.
If you’re not comfortable with the idea of sharing the details of your broker account you can decide to share your trades, verified or not, by taking photographs. In Profit.ly are a variety of trading classes, the ability to view stats in a trader’s profile as well as other ways to communicate with your gurus via chatrooms in addition to email and text alerts 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 penny stock trading. According to Investopedia Penny stock refers to a small company’s stock which trades at just less than 5 cents per share. The penny stock market could be viewed as an avenue for small companies to move to a large marketplace as it gives them access to capital from the public. But don’t be mistaken – it can also be an extremely risky activity, as Sykes will be able to tell you thanks to his years of expertise.
From his beginnings at the end of his time in High School, Tim Sykes has, since then, earned more than $6 million in profit during his long and successful career as trader. At 25 years old Tim Sykes had received greater exposure and an even wider reach of influence when he became part of the reality TV show “Wall Street Warriors.” Then, he used the opportunity to develop trading rooms as well as penny stock themes as well as educational content targeted at people who are brand new to trading. He also played a role in establishing Profit.ly as a place of transparency, and to allow the community to rise and compete against each other on the platform.
The Profit.ly Gurus
One of Profit.ly’s sweet inclusions is the variety of education sources, trade alerts and other useful stuff offered by the in-house experts of the platform. These gurus refer to the experts in trading who have made significant amounts of profit through their years of experience. How Much Does It Cost To Be Tim Sykes Student
At its peak, Profit.ly had housed up to five gurus, all of them a pro in their field of expertise within the world of trading. Some of the most prominent experts were Connor Bruggermann, Nathan Michaud of Investors Underground, and Triforce among others. At the time of writing, only two gurus remain on the platform: the founder of the penny stock market Tim Sykes and veteran smallcap swing trader Paul Scolardi, also known as Superman. In light of that, let’s take a look at what packaged deals each guru can offer.
From Tim Sykes Tim Sykes
Sykes offers an essential stock trading service which focuses on penny-stock day trading via Tim’s Alerts. The cost is $74.95 monthly, you’ll be able to see him concentrate on the fundamental catalysts for stocks and utilize them to forecast the next move that is possible when trading.
A single purchase of Tim’s Alerts will get you access to the chatroom and the mobile app available for iOS as well as Android devices; text, e-mail and push alerts and a daily stock watchlist.
Tim Sykes: From Tim Sykes: The Pennystocking Silver Package
Pennystocking Silver is the premium version, with an upgraded version of Tim’s Alerts program. At $149.95 for a month this is a great option for those who are more invested in investing in penny stocks. Pennystocking Silver comes with all the standard features of earlier plans including swing trading alerts as well as unlimited access to a rich library of more than 7,000 instructional videos, with new ones released each week.
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In “Superman” Paul Scolardi: Superman Alerts
Scolardi who goes under the name “Superman,” is a swing trading professional with an eye for both massive stocks of the small-cap size and insanely accurate marketing forecasts. Through the years since the time he started trading, Superman has amassed over $5.5 million in all-time trading profits. How Much Does It Cost To Be Tim Sykes Student
The Superman Alerts plan is his offering of essential features and trading alerts targeted towards those who might be interested. For $147/month, you’ll get access daily premarket stock watchlist along with the mobile app, daily market commentary in real-time, as well as E-mail and SMS alerts.
The film “Superman” Paul Scolardi: Superman Pro
For the price of $247, you receive additional features, plus access to a knowledgeable base that is provided by Superman himself via his Superman Pro package. In addition to the basic features featured in the Alerts package, Superman Pro gives you weekly video lessonsthat include an ever-growing library of other previous ones. On top of that you’ll also gain an access to high-quality research papers as well as the IPO as well as earnings tracking tool.
Profit.ly plans and costs
If you’re ready to join the world of online trading and leave a mark in the market, Profit.ly has the right amount of tools to get you started. The platform offers three membership levels that are designed to accommodate traders at different levels. Let’s look at what the three tiers are and how much they will cost you.
The Novice package is Profit.ly’s basic plan that is designed specifically for those who are new to the trading community. Once you have signed up for this package, you will be immediately provided with a variety of powerful and essential trading tools, all of them integral in keeping your hands on what we can describe as a cutthroat process by itself.
Among the list of things you can accomplish using Profit.ly’s Novice package include the ability to verify trades and track profits and follow-up, leading and even texting other traders; and giving feedback on the trades of today. You can also get on leaderboards; analyze the results of your analysis, sort, as well as filter trades and lastly, look at the statistics of other traders.
The Novice plan costs $29.95 per monthly payment. Although it looks attractive simply because of the price, there is a downside. You aren’t able to create a personal profile, thus making your actions public. If you’re looking to get access to this feature, you should keep an eye on us as we present to you Profit.ly’s next plan.
The Trader Plan
The Trader package lets you to take advantage of many of the features of the novice plan. This plan allows that you can create a private profile to share with fellow associate users all the insights and knowledge you gain from this trading group.
Priced at $49.95/month, Profit.ly’s Trader plan will do what the name implies catering people who want to harness their expertise in trading. As nice as it seems but there’s one important aspect that’s not included. As opposed to the prior Novice package, this one won’t be able to view other traders’ statistics this could be a problem for those anticipating this level. How Much Does It Cost To Be Tim Sykes Student
The Pro plan is the most luxurious package Profit.ly can offer to experienced traders. With $74.95 monthly, which includes an additional 22% discount for billing annually This plan offers it all. You get full, no-holds-barred access to all options of the previous plans.
You’re not only able to look at other people’s statistics and data, but you also have the opportunity to create your own private profile. These two features are in addition to the benefits that you can use to the fullest potential. If you’re in search of an account that will give all the features you need to be trader with experience, the Pro tier could be the right choice for you!
Profit.ly’s Other Services
In addition to the training tools and the Leaderboards Profit.ly has a few additional services that it can offer. One of these is its online store, where customers can select from a variety of videos that are designed to educate and guide you through the ins and outs of trading. Each of the offerings listed on this page of the site can be purchased immediately for personal use. Among these products include best-sellers like”Trading Tickers, “Trading Tickers” series from trading specialist Tim Grittani, Timothy Sykes’s collection of DVDs and streaming-only content related to short stocking, penny stocking, and all other things trading-related, clips and scenes from the Annual Pennystocking Conference, and items from other experts in trading.
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The integrated chat rooms are also part of Profit.ly’s array of features and services. You may be familiar with the concept of chat rooms since you can see it across messaging and social platforms, as well as some specialty websites that provide live chat assistance. But in Profit.ly, it is seen as a place where gurus and their members can interact and learn in real time. Each guru has their style in running their chat rooms and in dealing with the members. One might be a laid-back person who is less active, while another might be more active and in touch in their interactions with students. Consider chatrooms as Profit.ly’s version of the forum, in essence.
Who is the Ideal trader to Profit.ly?
Profit.ly’s wide range of products and features caters to an array of stock traders, ranging from novices to experienced professionals. Given the wide range of options it has to offer it is certain to have something for all.
Newbies, for instance, will enjoy Profit.ly’s library of learning content offered throughout the platform. They will also be provided with videos every week and chat room advice from its in-house gurus and their members. Additionally, they can pick from the merchandise available from its online store for them to take wherever they go. You can also get hands-on experiences from trading within the platform, however they’ll be able to realize that this is a risky game that shouldn’t be treated as an opportunity to make fun of.
For traders who have years of exposure down the line, we believe Profit.ly equally suited to them as those who are just starting. Although the novices might not be as well-equipped with handling trading matters, the pros already understand how it works along with the stack full of risks that come with it. In the ideal scenario, they can make use of Profit.ly’s range of features to their full advantage to enhance their trading skills. As beginners, they are able to learn from the top experts and experts , and use those simple tips and hints to help them along.
Profit.ly’s “all-in” approach isn’t limited to novices and semi-experienced traders. Experts who have been verified can also participate in the excitement! Those in the trading industry who are on the same level as Superman or 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. How Much Does It Cost To Be Tim Sykes Student
Profit.ly’s Pros and Cons
- Profit.ly’s numerous capabilities as a “one-stop’ stock trading platform allows it to provide traders everywhere with an abundance of knowledge communications, trading, and communication tools
- You’ll receive excellent training and tips from the inside experts, as well as collections of educational videos as well as live trading activity.
- You’re guaranteed transparency throughout Profit.ly by using accurate data as well as fellow traders ready to call you out whenever something happens
- The platform’s leaderboard feature gives you the chance to establish your reputation as a reliable and dependable trader
- Apart from its core capabilities, Profit.ly also gives its users extra options to suit their needs, like posting unverifiable trades through screenshots
- Profit.ly’s variety of packages and subscription levels are priced at affordable rates There is truly something for everyone
- Profit.ly’s numerous products and packages offered might not be enough for most of its users
- Since traders can choose to post any kind of trade, there is a possibility that some of them could profit from selecting the best trades in order to boost their rating this could be a problem that shouldn’t be ignored.
- Profit.ly will not allow refunds, as its premium users are expected to instantly benefit from the number of features the platform is able to offer
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The Final Concluding Question: Is Profit.ly Valued?
If we could think of the answer, it’s an affirmative “yes”. But you need to understand that it shouldn’t be treated as a scheme to get rich quick. The platform was not always designed to be used in this way. Instead, you need to have the ability to think with an open heart. How Much Does It Cost To Be Tim Sykes Student
What we mean”yes” is that it can be a great learning tool. For those who are struggling, they may find Profit.ly’s array of resources to be helpful when they try their best to avoid losses and be more successful than before. It’s not only the struggling traders that will benefit from this platform. It will be able to accommodate beginners as well as even experts!
If you really care about being a better trader and want to be taught by your fellows and gurus along the way, then look no further – Profit.ly is a fantastic alternative to start.
FAQ How Much Does It Cost To Be Tim Sykes Student
How do you use Profit.ly to make your trades public?
Profit.ly has an entry section for trades in the My Trade’ category of the dashboard. It lets you post your trades that are verified or otherwise. You may choose between three choices:
- Linking your account with your brokerage of choice and importing the trades from that directly
- Manually inputting your trades with the spaces provided and details
- Take a photo of your transactions
What can I do to determine if the trade is verifiable or not?
If you buy your trade from a reputable brokerage, there is the probability that it’s verifiable. This is evident by the small blue check. If you post it in a manual way or by taking images, it will be classified as unverified.
The downside of having an unauthentic trade is the possibility of receiving negative feedback from friends and colleagues. Too many downvotes may cause you to show up at the top of the Madoff leaderboard, where people can see who’s dishonest in posting trades.
Does the Profit.ly mobile app still in use?
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 app version works with all operating tablets and smartphones.
How many people are currently connected to Profit.ly?
Profit.ly currently houses more than 150,000 traders and investors, as they not only are seeking to make the most profit but also help each other learn and improve in acquiring opportunities on the stock market all over the world.