Stock trading can be an extremely risky game. On certain days, you may have the benefit of pleasing and positive numbers. However, on other days you may experience the opposite and it could be extremely difficult to return to the point you were at your best. If you are constantly stuck in the gutter You will need to realize that relying on instinct and survival might not be enough.
If you’ve suffered loss from time to time and you’re likely to require solid advice from seasoned and tested trading experts. Also, you’ll need an important boost from colleagues in the market from all over the world, which is why we’ve discovered an online platform that will help you in your improvement within the field. In this review, we’ll be taking a 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. Do check out our article below, however, because it has a comprehensive overview of Profit.ly.
Total Rating: 4.1/5 How To Make Millions Timothy Sykes Dvd
The User’s Experience 4.5/5
Profit.ly can be described as an online platform for trading that allows traders of various levels to be informed and accountable, as well as transparent and encouraging each other by offering a wide range of features and tools such as chat rooms, trade verification, and an enriched library of educational material.
What is Profit.ly?
Profit.ly is a trading website that functions as a training and learning platform for traders new to trading as well as a place for traders with experience to keep track of their performance using the aid of sophisticated analytics tools. It provides users with a vast array of options to facilitate trade and communication and letting traders from all walks of life network with one another. It gives the gurus worthwhile investments within the confines of the platform. Imagine it as an online social media platform similar like Facebook and Reddit but with a focus on traders and experts.
Profit.ly independently checks the performance of trades and publishes all data from them in the style of leaderboards. The platform for trading is built on transparency and honesty: it guarantees that the trades are valid and won’t allow for fraud as much as possible. It was founded in the past by penny expert in stock trading and investment expert Timothy Sykes, along with the other expert Michael Mosseri.
One time , during an interview for Forbes magazine Sykes stated that Profit.ly was motivated by its focus “on showing the entire spectrum of trades, something which has never been done before.” The idea, he added, served two goals: 1.) keeping track of public data for not just the gurus as well as students and newsletter writers as well as) making it possible for anyone on the platform to learn from the losses and wins to benefit the industry of trading. How To Make Millions Timothy Sykes Dvd
How Does It How Does It
Profit.ly is a subscription-based platform which allows stock traders to have access to a range of tools and services that are geared toward the success of their business. It is possible to create an account for free, but you’re limited to the capability to browse the leaderboards and monitor the activities of non-gurus. If you’re ready to invest your money and see which stocks the gurus are trading in real-time it is necessary to sign up to one of Profit.ly’s offers, which we will go over shortly.
Setting up an account is easy: create an account with your experience and expertise, connect to your brokerage account, and you’ll have the chance to climb your way to at the very top of the list. Profit.ly’s leaders’ board feature as mentioned previously it is designed to provide its users an insight into the performance of the trading community as well as its gurus. It’s not only a chance to demonstrate your worth to a group of traders. You can also utilize Profit.ly to purchase with a professional with the assurance that you’re confident of their knowledge and the credibility of their claims.
If you’re not comfortable with the concept of leaking the details of your broker account you may opt to post your trades, either verified or not, by taking photographs. Also included in Profit.ly are the vast number of trading classes, the ability to view the stats of a trader’s account and other methods to interact with your experts through the chatroom as well as text and e-mail alerts and updates.
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Meet the Founder: Tim Sykes
Timothy Sykes is a well-renowned day trader who is well-known for delving his hands into penny stock trading. According to Investopedia Penny stock refers to a small-sized company’s stock which trades at less than $5 per share. Penny stock trading is an avenue for small businesses to transition to a market that is larger as they can access funds from the public. But don’t make the mistake of thinking that it can also be an extremely risky activity, as Sykes will be able to tell you through his many years of expertise.
Since his initial beginnings in the latter years of the high schools, Tim Sykes has, since then, made over $6 million of earnings during his long and successful career as trader. At 25 years old Tim Sykes had received greater exposure and a larger influence over time as a participant in the reality series “Wall Street Warriors.” He took advantage of it to develop trading rooms, penny stock themes, and educational material aimed at people who are brand new to the trading field. He also played a role in establishing Profit.ly as a place of 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 most appealing features is the vast array of education resources, trade alerts, and other useful stuff offered by the in-house experts of the platform. The gurus in question refer to the experts in trading who have earned substantial amounts of money through their years of experience. How To Make Millions Timothy Sykes Dvd
At its peak, 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 as well as a handful of others. At the time of writing, there are only two gurus who remain on the platform: the founder as well as 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’s Alerts
Sykes offers an essential stock trading service that focuses on penny-priced day trading with Tim’s Alerts. The cost is $74.95 monthly, you’ll be able to be able to see him concentrate on the basic stock catalysts and employ them to forecast the next moves that could occur when trading.
A single purchase 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 email, text, 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. Priced at $149.95 for a month it is an ideal plan for those who are invested in the penny-stock market. Pennystocking Silver includes all the basic features found in prior plans, which includes swing trading alerts as well as unlimited access to a library of over 7,000 educational videos, with new ones released each week.
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The following video is from “Superman” Paul Scolardi: Superman Alerts
Scolardi who is known under the name “Superman,” is a professional in swing trading 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 earnings. How To Make Millions Timothy Sykes Dvd
The Superman Alerts plan is an package of vital features and trading alerts targeted toward those who may be interested. For $147/month, you’ll get access daily stock watchlist that is premarket and the mobile app, daily market commentary shown in real time, and email and SMS alerts.
From “Superman” Paul Scolardi: Superman Pro
At $247/month, you get additional features, as well as access to a knowledgeable base provided by Superman himself via the Superman Pro package. In addition to the basic features included in the Alerts plan, Superman Pro gives you daily video lessons, which include the growing collection of the previous ones. Additionally you’ll also have access to premium research reports and the IPO and earnings tracker.
Profit.ly Plans and Costs
If you’re eager to join the trading community on the internet and make a mark on the industry, Profit.ly has the right amount of tools to get you up and running. Profit.ly offers three membership levels that are designed to accommodate traders with different levels. Let’s take a look at what these three levels are and what they will cost you.
This package for novices is Profit.ly’s entry-level plan designed especially for those who are new to the trading community. As you sign up for this plan, you will be immediately offered a range of strong and vital trading tools, all of which is essential to keep your fingers on what could call a ruthless procedure in its own.
The list of features you can do using Profit.ly’s Novice program is the capability to check the results of your trades and track profit and follow-up, leading and even texting other traders; and leaving feedback on today’s trades. You’re also allowed to get on leaderboards; analyze your trades, sort and filter your trades; and, finally, see other people’s statistics.
The Novice plan is $29.95 per monthly payment. Although it might look appealing for the price alone, there is a downside. You aren’t able to create a personal profile, thus making your actions public. If you do want to gain access to this feature, you should be watching for us to introduce to you Profit.ly’s new plan.
The Trader Plan
The Trader package allows you to take advantage of a majority of features from The Novice package. In this plan, that you are able to create an individual profile that allows you for sharing with fellow associate users all your knowledge and information you have gained from this trading group.
The price is $49.95/month, Profit.ly’s Trader plan will do what the name implies: Cater for those looking to develop their expertise in trading. As nice as it seems however, there’s a crucial element that’s missing. In contrast to the Novice package, this one won’t be able to view other traders’ stats this might be a drawback for some who may be anticipating this level. How To Make Millions Timothy Sykes Dvd
This is by far the highest premium package that Profit.ly could offer for seasoned traders. At $74.95 per month, and a 22% discount when billed annually, this tier has everything. It gives you full, unlimited access to all the features of the prior plans.
You’re not only able to look at other people’s statistics and data, but you also have the chance to create a private profile. These two features are on top of all the benefits that you can use to the maximum extent. 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 for you!
Profit.ly’s Other Services
Apart from the provided trainer tools and leadersboards Profit.ly offers a number of other services they provide. One of these is its online store, which allows users to pick from a range of video products that are designed to educate and help you understand the ins and outs of trading. The products listed on this page of the site can be purchased immediately for personal use. These include best-selling products such as”Trading Tickers, “Trading Tickers” series from trading professional Tim Grittani, Timothy Sykes’s collection of DVDs and streaming-only content related to penny stocking, short stocking, as well as all aspects of trading. There are also clips and scenes from events like the Annual Pennystocking Conference, and other products by expert traders.
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The chat rooms that are integrated are as well part of Profit.ly’s range of services and features. You may be 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 offer live chat support. However, in Profit.ly, it is seen as a place where gurus and their members trade and share knowledge in real-time. Each guru has their style in operating their chat room and dealing with the listed members. Some may be more laid back and not very often active, while another might be more interactive and online to their pupils. Consider chat rooms as Profit.ly’s version of the forum, in the essence.
Who is the Ideal trader to Profit.ly?
Profit.ly’s diverse range of products and features are geared towards an array of stock trader types, from novices to experienced professionals. Considering the number of offers it can provide, the platform surely has something for all.
For instance, newbies will enjoy Profit.ly’s collection of educational materials available across the platform. They will also be enriched with weekly videos and chat room tips from the in-house experts and members. They’ll also be able choose from the items on its store online to carry with them wherever they go. They can also gain hands-on experiences from trading within the platform, but ultimately they’ll be able to realize that this is a risky game that should not be viewed as a joke.
For those traders who have had many years of experience down the road, we consider Profit.ly equally suitable for them as it is for the newcomers. While novice traders may not be as well-equipped with handling trading matters, the pros already understand how it works and the risky mix that come with it. In the ideal scenario, they can use Profit.ly’s range of features to their best advantage to develop their skills in trading. As beginners, they are able to study from the gurus as well as experts, and take advantage of simple tips and hints 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! Those in the trading industry who are on the same level as Superman as well as Tim Sykes can also use up Profit.ly’s abilities to show off their skills to others as a way to guide them through the ever-illustrious trading process. How To Make Millions Timothy Sykes Dvd
Profit.ly’s Pros and Pros and
- Profit.ly’s diverse capabilities as a “one-stop’ stock trading platform enable traders across the globe with an abundance of knowledge, communication, and trading tools
- You get to be provided with excellent lessons and advice from the company’s internal experts, which include collections of educational videos as well as trading in real-time.
- You’re assured of transparency throughout Profit.ly by using accurate data and fellow traders that are waiting to reach you when something goes wrong.
- The leaderboard feature on the platform gives you the chance to establish your reputation as a reliable and verifiable trader
- Apart from its main features, Profit.ly also gives its users extra options to suit their individual preferences, for instance, posting unauthentic trades via screenshots
- Profit.ly’s wide array of subscription plans and guru packages are priced at affordable rates There is truly something for every person
- Profit.ly’s numerous packages and services offered could not be enough for most of its users
- Since traders can choose to open any kind of trade, there’s an opportunity that some them could profit from cherry-picking the best trades to improve their ratings this could be a problem that shouldn’t be simply overlooked
- Profit.ly does not offer refunds because its premium users are expected to instantly benefit from the number of features the platform is able to provide
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The Final Verdict is: Is Profit.ly Valued?
If we could come up with an appropriate answer for this query, it’s an affirmative “yes”. But it is important to realize that it shouldn’t be treated as a scheme to get rich quick. The platform was not always designed to be used for this reason. Instead, you should have the ability to think with an open heart. How To Make Millions Timothy Sykes Dvd
What we mean”yes” is that it could be a useful learning tool. People who are stuck may be able to find Profit.ly’s range of resources helpful when they try their best to avoid loss and perform better 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 in the field!
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 To Make Millions Timothy Sykes Dvd
What are the best ways to use Profit.ly to post your trades?
Profit.ly offers a trade entry portion in the “My Trade category on the dashboard which lets you record your trades, either verified or not. There are three choices:
- Connecting your account to your broker of choice and import the trades from that directly
- Manually inputting your trades with specified spaces and information.
- Send a screen shot of your trades
What can I do to determine whether the trade can be verified or not?
If you purchase your trade from a trusted brokerage, there is an excellent chance that it is verifiable. This is indicated with the blue check mark. If you submit it manually or through pictures, it will be assigned as unverified.
The drawback of posting an unauthenticated trade is the chance of receiving downvotes from friends and colleagues. Too many downvotes may cause you to be listed at the top of the Madoff leaderboard, which is where the public can detect who’s being fraudulent in posting trades.
Are the Profit.ly mobile application still available?
As of this writing, Profit.ly is still available to download from the Apple App Store as well as on the Google Play store. The mobile version of the app is compatible with most operating tablets and smartphones.
How many people are currently connected to Profit.ly?
Profit.ly is currently home to over 150,000 investors and traders because they are not just looking to earn maximum profits but also assist each other to develop and grow in their ability to take advantage of stock market opportunities all over the world.