Stock trading can be an exciting game with high stakes. On certain days, you could have the benefit of positive and satisfying numbers. On other days, however, the opposite may happen, and it may sometimes be very difficult to get back to the point you were at your most productive. If you’re immersed in the water it is important to realize that relying on pure instinct and preservation might not be enough.
If you’ve experienced losses from time to time, you’re gonna be needing reliable advice from tested and tried trading experts. Also, you’ll need an important boost from colleagues in the market from all over the globe. That’s why we’ve discovered an option that can help you to improve your performance within the field. In this review, we’ll be taking an in-depth look at Profit.ly, a well-recognized 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 How To Buy How To Make Millions Timothy Sykes
Value: 4.1/5
Quality: 4.1/5
Costs: 4.1/5
The User’s Experience 4.5/5
Summary
Profit.ly is an online trading platform that allows traders of all levels to be knowledgeable, transparent, accountable, and uplifting with each other by offering a wide variety of tools and features such as trade verification, chat rooms as well as an extensive library of educational content.
What is Profit.ly?
Profit.ly is a trading site that functions as a learning and education platform for traders new to trading and also as a platform for traders with experience to keep track of their performance through the use of cutting-edge analytics tools. Offering users a broad variety of tools for trade and communication and letting traders from all walks of life connect with each other. It also allows gurus to make worthy investments within the boundaries of the platform. Imagine it as a social media site akin like Facebook and Reddit however it is geared towards professionals and traders.
Profit.ly independently checks the performance of trades and posts all the data of them in the manner of leaderboards. The platform for trading is built on transparency and honesty: it guarantees that the transactions are legitimate and will not accept fake news as long as it is possible. It was founded years ago by the penny stock trade expert and investment guru Timothy Sykes, along with fellow expert Michael Mosseri.
One time during his appearance in Forbes magazine Sykes stated that Profit.ly was motivated by its focus “on the transparency of all trades, something that has never been prior to.” This idea was, he said, serving two goals: 1.) making public records for everyone, not just the experts as well as newsletter authors and students as well as) allowing anyone on the platform to be enlightened by both losses and wins for the trading industry’s benefit. How To Buy How To Make Millions Timothy Sykes
How Does It How Does It
Profit.ly is a subscription-based platform that allows stock traders to benefit from a variety of services and features geared at achieving the success of their business. You may set up an account there for free, but you’re limited to access to the leaderboard and observe 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 You’ll need to join one of Profit.ly’s offerings, which we will review in the coming days.
Setting up an account is simple: Create an account that includes your personal information and expertise, connect to your brokerage account and you’ll be given the chance to climb 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 the performance of the trading community and its gurus. It’s not only a chance to demonstrate value to a large group of traders, but you are also able to use Profit.ly to purchase with a guru, and have the confidence that you are confident of their knowledge and the veracity of their claims.
If you feel uneasy with the concept of leaking the details of your broker account you can opt to post your trades, verified or not, by taking photographs. In Profit.ly is the huge selection of courses in trading, the ability to view statistics on a person’s profile and other methods to interact with your experts in 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 guru who is well-known for his involvement in the penny-stock market. According to Investopedia the term “penny stock” is a small business’s stock which trades at less than $5 per share. Penny stock trading could be viewed as a stepping stone for small businesses to transition to a large marketplace as it gives them access to funds from the general public. However, don’t get it wrong – it’s also an extremely risky activity, as Sykes is sure to reveal through his many years of experience.
Since his initial beginnings in the latter years of the high schools, Tim Sykes has, since then, made over $6 million of profits during his long and successful career as trading professional. At 25 years old, he had been given greater exposure and a larger influence over time as a participant in the reality series “Wall Street Warriors.” He then made use of the show to develop trading rooms as well as penny stock themes and educational material aimed at people who are brand new to trading. He also helped establish Profit.ly as a place of openness, and for the community to uplift and compete with each other on the platform.
The Profit.ly Gurus
One of Profit.ly’s sweet inclusions is the variety of educational sources, trade alerts and other useful stuff offered by the company’s internal gurus. These gurus refer to the trading experts who have proven to make substantial profits from their collective years of experience. How To Buy How To Make Millions Timothy Sykes
At its height, Profit.ly had housed up to five gurus. Each of them a pro in their field of expertise in the trading industry. Some of the most famous experts included Connor Bruggermann, Nathan Michaud of Investors Underground, and Triforce among others. As of this writing, there are only two gurus who remain on the platform: Founder and penny stock trader Tim Sykes and veteran smallcap swing trader Paul Scolardi, also known as Superman. When we take that into account we’ll take a look at what packaged deals each guru has to offer.
From Tim Sykes Tim Sykes
Sykes provides basic stock trading services which focuses on penny-stock day trading via Tim’s Alerts. The cost is $74.95 monthly, you’ll see him focus on the fundamental catalysts for stocks and utilize them to forecast the next possible moves in making trades.
A single purchase in Tim’s Alerts will get you access to the chatroom, as well as the mobile app that’s available for iOS and 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 highest-quality version, with an upgraded version of Tim’s Alerts program. It costs $149.95 monthly, this is a great option for investors who are involved in the penny-stock market. Pennystocking Silver offers all the essential features that were included in prior plans, which includes swing trading alerts as well as unlimited access to a library of over 7,000 educational videos that are updated every week.
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From “Superman” Paul Scolardi: Superman Alerts
Scolardi who goes under the name “Superman,” is a trader who has an eye for both small-cap monumental stocks and crazy-accurate marketing forecasts. In the time since the time he started trading, Superman has amassed over $5.5 million in trading profits. How To Buy How To Make Millions Timothy Sykes
The Superman Alerts plan is his offer of the most essential features and alerts on trading geared towards those who might be interested. For $147/month, you’ll get an access to the day-to-day stock watchlist that is premarket along with the mobile application, daily market commentary shown in real-time, as well as email and SMS alerts.
The film “Superman” Paul Scolardi: Superman Pro
At $247/month, you get additional features, as well as access to a knowledgeable base provided by Superman himself through the Superman Pro package. Alongside the standard features included in the Alerts package, Superman Pro gives you weekly video lessons, including a growing library of all the previous ones. On top of that, you’ll also get 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 looking to join the world of online trading and leave your mark on the market, Profit.ly has the right amount of resources to get you up and running. Profit.ly offers three membership tiers, each designed for traders of different levels. Let’s take a look at what these three are and how much they will cost you.
Novice Plan
This package for novices is Profit.ly’s basic plan that is designed specifically for people who are brand new to the world of trading. Once you have signed up for this plan you’ll be given a slew of robust and vital trading tools, each one of them essential in keeping your hands on what we call a competitive process by itself.
Among the list of things you can do using Profit.ly’s Novice package is the capability to check trades and track profits as well as leading, following and even texting other traders; and leaving feedback on today’s trades. You’re also allowed to get onto leaderboards; study the results of your analysis, sort, as well as filter trades; and lastly, look at other’s stats.
The Novice plan is $29.95 per month. Although it might look appealing just by the price but there’s a disadvantage. You can’t create a private profile, thus making your personal information public. If you’re interested in get an account with this option, you should stay tuned as we introduce to you Profit.ly’s next plan.
Trader Plan
The Trader plan allows you to use the majority of features available in the Novice plan. In this plan, that you can set up a private profile 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 caters for those looking to harness their skills in trading. As nice as it seems but there’s one important aspect that’s not included. In contrast to the Novice package, you will not be able view the statistics of other traders this could be a disadvantage for those who are anticipating this level. How To Buy How To Make Millions Timothy Sykes
Pro Plan
The Pro plan is the most luxurious package Profit.ly can offer to experienced traders. With $74.95 per month, and a 22% discount for billing annually the Pro plan has everything. You will have full, unrestricted access to all the options of the prior plans.
You’re not only able to view other people’s stats, but you’re also given the chance to create an individual profile. These two features are on top of all the advantages that you can utilize to their fullest capacity. If you’re in search of an option that gives all the features you need to be trader with experience, the Pro tier could be for you!
Profit.ly’s Other Services
In addition to the tools for training and leadersboards Profit.ly offers a number of additional services that it can provide. One of these is its online store, where customers can choose from a wide array of instructional videos that are that are designed to educate and provide guidance on the nuances and pitfalls of trading. All of the products featured in this section of the website is available to be purchased immediately for personal use. Some of these include bestsellers like the “Trading Tickers” series by trader professional Tim Grittani, Timothy Sykes’s library of DVDs and streaming-only content about penny stocking, short stocking, as well as all related to trading, videos and clips taken from The Annual Pennystocking Conference, and items from other experts in trading.
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Chat rooms integrated into Profit.ly are included in Profit.ly’s variety of services and features. You are probably familiar with the chat room as you will see it on social and messaging platforms and also on a few specialty websites that offer live chat support. But in Profit.ly the chat room is viewed as a hands-on space where experts and their member traders can communicate and share knowledge in real-time. Every guru has their own style when it comes to running their chat room and dealing with the listed members. One might be laid back and rarely active, while another might be more online and communicative to their pupils. Consider chat rooms like Profit.ly’s version of a forum, in essence.
Who is the best Trader for Profit.ly?
Profit.ly’s diverse range of products and features are geared towards an array of stock traders, ranging from novices to the most experienced. Considering the number of offers it offers this platform definitely has something for everyone.
Newbies, for instance, can take advantage of Profit.ly’s library of learning content offered throughout the platform. In addition, they will be provided with videos every week and chat room advice from the in-house experts and members. They’ll also be able to choose from the items on its store online to carry with them wherever they go. You can also get hands-on experiences from trading within the platform, however, they will soon learn that trading is a risky game that shouldn’t be taken as an opportunity to make fun of.
For traders who have years of exposure down the line, we believe Profit.ly equally suitable to the newcomers. Although the novices might not be as adept at managing trading but the experts already know how it works along with the risky mix associated with it. In the ideal scenario, they can utilize Profit.ly’s range of options to their maximum advantage to improve their skills in trading. Like beginners, they can learn from the experts and experts , and use those short tips and tricks to help them along.
Profit.ly’s ‘all-together’ nature does not only apply to beginners or semi-experienced trader. Verified experts can also join in the excitement! People in the trade industry who are at similar levels to Superman as well as Tim Sykes can also use Profit.ly’s capabilities. Profit.ly’s capabilities to display their skills to others in order to assist them in the ever-changing trading process. How To Buy How To Make Millions Timothy Sykes
Profit.ly’s Pros and Cons
The Pros
- Profit.ly’s diverse capabilities as a “one-stop’ stock trading platform enable traders across the globe with tons of learning communications, trading, and communication tools
- You’ll be taught by experts and advice from the company’s in-house gurus, including collections of educational videos as well as live trading activity.
- You can be sure of complete transparency through Profit.ly with precise analytics as well as 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 dependable trader
- In addition to its primary capabilities, Profit.ly also gives its customers additional options to meet their preferences, such as posting trades that are not authentic by taking photographs
- Profit.ly’s diverse range of packages and subscription levels are priced at affordable rates There is truly something for all
The Cons
- Profit.ly’s abundance of packages and services offered could seem overwhelming for the majority of its customers
- Since traders can choose to post any kind of trade, there’s an opportunity that some them may take advantage by selecting the best trades in order to improve their ratings – this may be a concern that should not be ignored.
- Profit.ly does not offer refunds, as its premium users are expected to immediately benefit from the number of services that the platform can offer
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The Final Concluding Question: Is Profit.ly Valued?
If we were able to come up with an answer to this question, it would be an affirmative “yes”. But it is important to realize that the platform should not be used as a scheme to get rich quick. It wasn’t meant to be designed for this reason. Instead, you need to have curiosity. How To Buy How To Make Millions Timothy Sykes
What we do mean”yes” is it could be a useful learning tool. Those who may be stuck could be able to find Profit.ly’s range of resources useful in their efforts to avoid losses and be more successful than before. Not only struggling traders who will benefit from the platform. It can accommodate beginners and even experts!
So, if you genuinely desire to be a better trader and want to be taught by your peers and experts along the way, then take a look at Profit.ly. Profit.ly could be a good option to begin.
FAQ How To Buy How To Make Millions Timothy Sykes
What are the best ways to use Profit.ly to publish your trades?
Profit.ly includes the option of allowing trade entries within the ‘My Trade category on the dashboard. It allows you to post your trades, either verified or not. You may choose between three choices:
- Connecting your account to your brokerage of choice and importing transactions directly through there
- Manually inputting your trades with provided spaces and specifics
- Take a photo of your transactions
How do I know if the trade is verifiable or not?
If you purchase your trade through a reliable brokerage, there is a high likelihood that it can be verified. This is shown by the blue check mark. If you upload it manually or through pictures, it will be classified as unverified.
The drawback of posting an unauthentic trade is the possibility of getting downvotes from your colleagues. Too many downvotes may cause you to show up in the Madoff leaderboard, where people can detect who’s being dishonest in posting trades.
Does the Profit.ly mobile app still available?
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 functioning tablets and smartphones.
How many people are connected to Profit.ly?
Profit.ly currently houses more than 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 both right and left.
