Stock trading can be an extremely risky game. Some days, you may be reaping the benefits of pleasing and positive numbers. On other days, however you may experience the opposite, and it may sometimes be extremely difficult to get back to where you were at your most productive. If you’re immersed in the water, you will have be aware that relying solely on your instincts and preserving may not always be enough.
If you’ve experienced 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 fellow traders from around the world, which is why we’ve identified an online platform that will help you in your growth within the field. We’ll take 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. Do check out our article below, however, because it has a comprehensive overview of Profit.ly.
Total Rating: 4.1/5 How Much Does Tim Sykes Millionare Trader Costs
Users Experience 4.5/5
Profit.ly is an online trading platform that enables traders of all levels to be knowledgeable and accountable, as well as transparent and to build relationships with each other through its broad range of features and tools such as trade verification, chat rooms as well as an extensive library of educational content.
How do I define Profit.ly?
Profit.ly is a site for trading which serves as a learning and training platform for people new to trading and as a hub for traders who are experienced to monitor their performance through the use of cutting-edge analytics tools. Providing users with a wide range of resources for trade and communication, it helps traders from all walks of life network with one another. It also allows gurus to make an opportunity to invest in the right areas of this platform. Think of it as an online social media platform similar like Facebook and Reddit but with a focus on professionals and traders.
Profit.ly independently verifies trade performances and then publishes the information from them in the form of leaderboards. The platform’s trading model is based on honesty and transparency: it guarantees that the trades are valid and won’t allow for fraud as much as it is possible. It was created many years ago by penny expert in stock trading and investment guru Timothy Sykes, along with his colleague Michael Mosseri.
One time during his appearance in Forbes magazine Sykes said that Profit.ly was driven by its focus “on showing the entire spectrum of trades, something which was never previously done.” The idea was, he said, serving two objectives: one) creating public track records for everyone, not just the experts as well as newsletter authors and students and secondly) giving everyone on the platform to learn from both losses and wins for the trading industry’s benefit. How Much Does Tim Sykes Millionare Trader Costs
How Does It How Does It
Profit.ly follows a subscription-based model that allows stock traders to benefit from a variety of tools and services that are geared toward success. You may set up an account on the site at no cost, however you’re only limited to having the capability to browse the leaderboards and monitor the actions of non-gurus. If you’re interested in investing your money in order to find out what stocks the experts are trading in real time it is necessary 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 a profile with your experiences and skills, join to your brokerage account, and you’ll have a chance to shoot 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 how the community of traders performs and its gurus. It’s not just a way to show value to a large group of traders, but you are also able to use Profit.ly to purchase from a guru with the assurance that you’re comfortable in their skills and the veracity of their assertions.
If you feel uneasy with the concept of leaking the details of your broker account then you could choose to publish your trades, verified or not, by taking screenshots. Included in Profit.ly are the vast number of courses in trading, the ability to view stats in a trader’s profile as well as other ways to communicate with your gurus in the chatroom, as well as 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 personality who is famously known for his involvement in penny stock trading. According to Investopedia, a penny stock refers to a small company’s stock that trades for under $5 for each share. Penny stock trading can be seen as an avenue for small businesses to transition to a market that is larger as it gives them access to capital from the public. But don’t make the mistake of thinking that it’s also an extremely risky activity, as Sykes will be able to tell you through his many years of experience.
Beginning in the latter years of High School, Tim Sykes has, since then, earned over $6 million of profit during his long and successful career as a trader. When he was 25 years old Tim Sykes had received greater exposure and an even wider influence over time as a participant in the reality series “Wall Street Warriors.” Then, he used the opportunity to develop trading rooms as well as penny stock themes and educational material aimed at those who are new to trading. He also helped establish Profit.ly as a platform for transparency and to allow the community to rise and compete on the platform.
The Profit.ly Gurus
One of Profit.ly’s most appealing features is the wide range of learning sources, trade alerts as well as other useful information provided by the company’s internal gurus. Gurus are referred to the experts in trading who have proven to make significant amounts of profit from their collective years of experience. How Much Does Tim Sykes Millionare Trader Costs
At its height, Profit.ly had housed up to five gurus, each of them a pro in their niche within the world of trading. Some of the most 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 the platform: Founder of the penny stock market Tim Sykes and veteran smallcap swing trader Paul Scolardi, also known as Superman. With that taken into consideration we’ll take a look at the packaged offers each guru can offer.
From Tim Sykes Tim Sykes: Tim’s Alerts
Sykes offers a basic stock trading service with the main priority being penny-priced day trading with Tim’s Alerts. Costing $74.95 for a month you will observe him focus on fundamental stock catalysts and use them to forecast 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 that’s available to iOS as well as Android devices; texts, emails, and push alerts; as well as a daily watchlist of stocks.
from Tim Sykes: The Pennystocking Silver Package
Pennystocking Silver is the most premium version that has been upgraded of the Tim’s Alerts program. Priced at $149.95 for a month this is the perfect plan for investors who are invested in penny stock trading. Pennystocking Silver comes with all the standard features that were included in prior plans, including swing trading alerts as well as unlimited access to a library of more than 7,000 instructional videos and new videos released every week.
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In “Superman” Paul Scolardi: Superman Alerts
Scolardi who is known under the alias “Superman,” is a professional in swing trading with an eye for massive stocks of the small-cap size and insanely accurate marketing forecasts. In the time since the time he started trading, Superman has amassed over $5.5 million in trading profits. How Much Does Tim Sykes Millionare Trader Costs
The Superman Alerts plan is an offer of the most essential features and trading alerts geared toward those who may be interested. For $147/month, you’ll get an access to the day-to-day stock watchlist that is premarket as well as the mobile application, daily market commentary shown in real time, and 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 of information provided by Superman himself through his Superman Pro package. On top of the essentials that are included in the Alerts package, Superman Pro gives you weekly video lessons, including a growing library of all previous lessons. Additionally you’ll also gain access to premium research reports and an IPO or earnings monitor.
Profit.ly plans and costs
If you’re ready to join the online trading community and leave your mark on the market, Profit.ly has the right amount of resources to get you started. The platform has three membership levels that are designed to accommodate traders with different levels. Let’s break down what these three tiers are and how much they will cost you.
The package called Novice is Profit.ly’s entry-level plan designed especially for those who are just beginning their journey to the trading community. When you sign up for this package, you will be immediately provided with a variety of powerful and vital trading tools, each of which is essential to keep your hands on what we call a competitive procedure in its own.
Some of the features you can do with Profit.ly’s Novice package is the ability to verify trades and track profits and follow-up, leading and even chatting with other traders; and giving feedback on the trades of today. You can also get on leaderboards; analyze, sort, as well as filter trades; and, lastly, view the statistics of other traders.
The Novice plan costs $29.95 per month. Although it might look appealing for the price alone but there’s a disadvantage. You can’t create a private profile, thus making your activities publicly available. If you do want to have an account with this option, be watching for us to introduce to you Profit.ly’s next plan.
The Trader Plan
The Trader package allows you to use 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 associate users all your knowledge and intel in trader’s community.
Costing $49.95/month, Profit.ly’s Trader plan does what the name suggests: Cater people who want to develop their expertise in trading. Although it’s a nice thing but there’s one important element that’s missing. In contrast to the Novice package, this one won’t be able to see other traders’ statistics, which might be a drawback for those looking forward to this tier. How Much Does Tim Sykes Millionare Trader Costs
This is by far the highest expensive plan Profit.ly offers to experienced traders. At $74.95 per month, which includes 22% off for annual billing, this tier has everything. It gives you full, unlimited access to all the 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 a private profile. These two features are on top of all the advantages you’ll be able to use to the fullest potential. If you’re in search of an account that will give you with everything you require as a skilled trader, maybe the Pro level is the right choice for you!
Profit.ly’s Other Services
Apart from the provided trainer tools and leadersboards Profit.ly has a few additional services that it can provide. One of those is its online store, which allows users to choose from a wide array of instructional videos that are created to guide you through the ins and outs of trading. The products listed on this page of the website can be purchased immediately for personal use. These include best-selling products such as”Trading Tickers,” the “Trading Tickers” series by trader expert Tim Grittani, Timothy Sykes’s collection of DVDs and streaming-only content about penny stocking, short stocking, as well as all related to trading, videos and footage from events like the Annual Pennystocking Conference, and products from other expert traders.
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The integrated chat rooms are included in Profit.ly’s variety of services and features. You may be familiar with the chat room as you can find it throughout social and messaging platforms in addition to a few special websites that provide live chat assistance. But on Profit.ly it’s seen as a hands-on place where gurus and their members trade and share knowledge in real-time. Each guru has their style in running their chat rooms and dealing with the members there. One of them may be a laid-back person who is rarely active, while another may 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 best Trader for Profit.ly?
Profit.ly’s variety of offerings and features caters to a large variety of stock traders, ranging from novices to experienced professionals. With the variety of deals it can provide it is certain to have something for every person.
For instance, newbies can take advantage of Profit.ly’s collection of educational materials available across the platform. In addition, they will be provided with videos every week and chat room tips from the in-house experts as well as their members. They’ll also be able pick from the merchandise available from its online store to carry with them wherever they travel. Additionally, they can gain practical experiences from trading within the platform, but ultimately they’ll be able to realize that trading is a risky game that shouldn’t be treated as an amusing pastime.
For traders who have years of exposure down the line, we see Profit.ly equally suitable to the newcomers. While the newbies may not be as proficient in dealing with trading issues however, experienced traders know how it works along with the stack full of risks that come with it. Ideally, they may use Profit.ly’s variety of options to their maximum advantage to improve their skills in trading. As beginners, they are able to study from the gurus as well as experts, and take advantage of short tips and tricks throughout the process.
Profit.ly’s “all-inclusive” nature doesn’t just apply to newbies or semi-experienced trader. Verified experts can also join in the excitement! Trade professionals who are at the same level as Superman and Tim Sykes can also use the power of Profit.ly’s capabilities to showcase their expertise to other traders in order to guide them through the ever-illustrious trading process. How Much Does Tim Sykes Millionare Trader Costs
Profit.ly’s Pros and Pros and
- Profit.ly’s numerous capabilities as a “one-stop” stock trading platform enable traders from all over the world with a wealth of education, communication, and trading tools
- You’ll be taught by experts and advice from the company’s internal experts, which include collections of educational videos as well as real-time trading activities
- You’re guaranteed transparency throughout Profit.ly by using accurate data as well as other traders ready to call you out whenever something happens
- The platform’s leaderboard feature gives you the opportunity to increase your credibility as a trustworthy and authentic trader
- Apart from its main features, Profit.ly also gives its users extra options to suit their needs, like posting unauthentic trades via images
- Profit.ly’s diverse range of subscription plans and guru packages are priced at reasonable prices There’s something for every person
- Profit.ly’s abundance of packages and services offered could not be enough for a lot of its customers
- If traders decide to open any kind of trade, there’s a possibility that some of them may take advantage by selecting the best trades in order to increase the rating – this may be a concern that should not be overlooked.
- Profit.ly does not offer refunds as the premium customers are expected to immediately benefit from the many features the platform is able to offer
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The Final Concluding Question: Is Profit.ly worth it?
If we were able to come up with the answer, it would be an affirmative “yes”. But you need to understand that this platform shouldn’t be viewed as a scheme to get rich quick. The platform wasn’t originally meant to be designed to achieve this goal. Instead, you need to have curiosity. How Much Does Tim Sykes Millionare Trader Costs
What we do mean”yes” is that it could be a useful learning tool. Those who may be stuck could find Profit.ly’s variety of resources useful in their efforts to reduce losses and be more successful than before. It’s not only the poor traders that can benefit from this platform. It will be able to accommodate beginners as well as even experts in the field!
If you really want to become better at trading and wish to be taught by your mentors and peers throughout the process, then take a look at Profit.ly. Profit.ly may be a great alternative to start.
FAQ How Much Does Tim Sykes Millionare Trader Costs
What are the best ways to use Profit.ly to make your trades public?
Profit.ly has a trade entry portion under the “My Trade section of the dashboard that lets you record your trades, either verified or otherwise. You may choose between three options:
- Linking your account with your broker of choice and import the trades from that directly
- Manually entering your trades into specified spaces and information.
- Send a screen shot of your trades
How can I tell whether the trade can be verified or not?
If you import your trade through a reliable brokerage, there’s an excellent likelihood that it can be verified. This is shown by the small blue check. If you post the information manually or via images, it will be classified as unverified.
The drawback of posting an unverified trade is the possibility of receiving downvotes from fellow peers. A large number of downvotes could result in you appearing at the top of the Madoff leaderboard, where users are able to identify who is dishonest in posting trades.
Are the Profit.ly mobile application still available?
At the time of 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 works with all operating tablets and smartphones.
How many people are currently on Profit.ly?
Profit.ly currently houses more than 150,000 investors and traders because they are not just trying to maximize profits but also help each other grow and learn more about acquiring opportunities on the stock market both right and left.