Stock trading is a high-stakes game. Some days, you might have the benefit of positive and satisfactory numbers. However, on other days it could be the reverse and it can be extremely difficult to get back to where you were your best. If you are immersed in the water You will need be aware that relying solely on your instincts and preserving may not always be enough.
If you’ve experienced losses from time to time, you’re gonna be needing solid advice from seasoned and tested trading experts. Additionally, you’ll require a significant boost from your fellow traders from around the globe, which is why we’ve found an option that can help you in your growth in the industry. This review will take the time to 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 Investors Underground Vs Timothy Sykes Forums
Users Experience 4.5/5
Profit.ly offers an internet-based trading service that allows traders of all levels to be informed and accountable, as well as transparent and encouraging one another through its wide range of features and tools such as chat rooms, trade verification as well as an extensive library of educational content.
What exactly is Profit.ly?
Profit.ly is a trading website that serves both as a learning and training platform for people who are just beginning their journey as well as a place for traders who are experienced to monitor their performance with the help of advanced analytics tools. Providing users with a wide array of options for communication and trade and letting traders from all walks of life connect with one another. It gives the gurus worthy investments within the boundaries of this platform. Imagine it as a social media site akin like Facebook and Reddit, but for experts and traders.
Profit.ly independently checks the performance of trades and posts all the data from them in the style of leaderboards. The trading platform is built on transparency and honesty: it ensures that the trades are authentic and won’t accept fake news as long as possible. It was established years ago by the penny expert in stock trading and investment expert Timothy Sykes, along with fellow expert Michael Mosseri.
One time , during an interview for Forbes publication, Sykes said that Profit.ly was based “on showing all trades, something that was never prior to.” The idea, he added, served two objectives: one) making public records for not just the gurus as well as students and newsletter writers, and 2) giving everyone on the platform to learn from both the wins and losses for the trading industry’s benefit. Investors Underground Vs Timothy Sykes Forums
How Does It Perform?
Profit.ly utilizes a subscription model which allows stock traders to have access to a range of tools and services that are geared toward success. It is possible to create an account on the site for free, but you’re only given the capability to browse the leaderboard and follow 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 join one of Profit.ly’s deals that we’ll review in the coming days.
Making an account easy: create an account that includes your personal information and skills, join to your brokerage account, and you’ll have an opportunity to make your way up to at the very top of the list. Profit.ly’s leaders’ board feature as previously mentioned it is designed to provide its users a glimpse of the performance of the trading community as well as its gurus. It’s not only a chance to show that you’re worthy to the large group of traders. You can also utilize Profit.ly to buy from a guru with the assurance that you’re confident of their knowledge and the veracity of their assertions.
If you feel uneasy with the idea of divulging the details of your broker account you can opt to post your trades, either verified or not, by taking screenshots. Also included in Profit.ly is the huge selection of trading courses and the capability to see the stats of a trader’s account as well as other ways to communicate with your gurus through the chatroom as well as email and text alerts as well as updates.
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Meet Tim Sykes, the founder: Tim Sykes
Timothy Sykes is a well-renowned day trader who is famously known for delving his hands into the penny-stock market. According to Investopedia Penny stock refers to a small company’s stock which trades at just less than 5 cents per share. The trading of penny stocks can be seen as an avenue for small companies to move into a larger market because it gives them access to capital from the public. But don’t make the mistake of thinking that it’s also an extremely risky game, as Sykes is sure to reveal because of his decades of expertise.
From his beginnings in his late years in the high schools, Tim Sykes has, since then, earned more than $6 million in earnings throughout his illustrious career as a trader. When he was 25 years old Tim Sykes had received greater exposure and an even wider reach of influence when he was a part of the reality TV show “Wall Street Warriors.” He used the opportunity to establish trading rooms and penny stock themes as well as educational content targeted at people who are brand new to trading. He also helped to establish Profit.ly as a platform for transparency, and for the community to uplift and compete through the platform.
The Profit.ly Gurus
One of Profit.ly’s amazing features is the variety of educational tools, trade alerts as well as other useful information provided by the company’s internal gurus. These gurus refer to experts in the field of trading who have made substantial amounts of money from their combined years of experience. Investors Underground Vs Timothy Sykes Forums
At its peak, Profit.ly had housed up to five gurus, all of them a professional in their field of expertise in the field 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 this platform: the 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 the packages each guru offers.
From Tim Sykes Tim Sykes
Sykes offers basic stock trading services which focuses on penny-stock day trading via Tim’s Alerts. At $74.95 for a month you will see him focus on the fundamental stock catalysts and use them to anticipate the next moves that could occur when making trades.
A purchase on its own from Tim’s Alerts will get you access to the chatroom, as well as the mobile app available for iOS and Android devices, as well as 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, with an upgraded version of Tim’s Alerts package. It costs $149.95 monthly, this is a great option for those who are more committed to the penny-stock market. Pennystocking Silver offers all the essential features that were included in the previous plan, such as swing trading alerts and unlimited access to an extensive 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 by the name “Superman,” is a professional in swing trading with an eye for both tiny-cap massive stocks as well as wildly accurate marketing forecasts. Through the years since when he first started trading, Superman has amassed over $5.5 million in all-time trading profits. Investors Underground Vs Timothy Sykes Forums
The Superman Alerts plan is his package of vital features and trading alerts targeted towards those who might be interested. For $147 per month, you’ll gain access daily premarket stock watchlist along with the mobile app, the daily market commentary shown in real-time, and SMS and e-mail alerts.
From “Superman” Paul Scolardi: Superman Pro
For the price of $247, you receive additional features, as well as access to an extensive base of knowledge that is provided by Superman himself, via Superman Pro. Superman Pro package. On top of the essentials that are included in the Alerts plan, Superman Pro gives you weekly video lessonsthat include a growing library of all other previous ones. In addition you’ll also have access to premium research reports as well as an IPO as well as earnings tracking tool.
Profit.ly Programs and Costs
If you’re looking to join the world of online trading and leave your mark on the industry, Profit.ly has the right amount of resources to help you started. Profit.ly offers 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 Novice package is Profit.ly’s beginning-of-the-line plan specifically for people who are brand new to the trading community. When you sign up for this plan, you will be immediately provided with a variety of powerful and indispensable trading tools, each of them integral in keeping your hands on what we call a competitive procedure in its own.
Among the list of things you can accomplish using Profit.ly’s Novice program is the ability to confirm trades and track profits; leading, following, and even messaging your fellow traders, as well as giving feedback on the trades of today. You’re also allowed to get on leaderboards; analyze, sort, and filter your trades and, finally, see other’s stats.
The Novice plan will cost $29.95 per monthly payment. Although it might look appealing just by the price however, there’s a drawback. It isn’t possible to create a private profile, which makes your personal information public. If you’re looking to get access to this feature, you should be watching for us to introduce to you Profit.ly’s next plan.
The Trader Plan
The Trader package allows users to benefit from a majority of features from The Novice package. In this plan, that you can create an account that is private to share with other associate users all the insights and intel in the trading community.
The price is $49.95/month, Profit.ly’s Trader plan is exactly what it says: Cater people who want to harness their trading skills. While it’s nice but there’s one important element that’s missing. Unlike the previous Novice package, you won’t be able to see the statistics of other traders this might be a drawback for those looking forward to this tier. Investors Underground Vs Timothy Sykes Forums
This is by far the highest luxurious package Profit.ly can offer to experienced traders. At $74.95 monthly, which includes an additional 22% discount for annual billing the Pro plan has it all. You get full, no-holds-barred access to all features of the prior plans.
Not only do you get to look at other people’s statistics, but you’re also given the option of creating your own private profile. Both of these options, in addition to the benefits that you can use to the maximum extent. If you’re in search of an option that gives you with everything you require as a skilled trader, maybe the Pro tier could be for you!
Profit.ly’s Other Services
Apart from the provided tools for training and leaderboards, Profit.ly provides a variety of more services it has to offer. One of those is its online store, which allows users to choose from a wide array of video products created to guide you through the ins and outs of trading. All of the products featured on this page of the website is available to be bought immediately for your personal use. Among these products include best-sellers such as”Trading Tickers, “Trading Tickers” series from trading expert Tim Grittani, Timothy Sykes’s library of DVDs and streaming-only content related to short stocking, penny stocking, as well as all related to trading, videos and clips from events like the Annual Pennystocking Conference, and other products by expert traders.
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Chat rooms integrated into Profit.ly are as well part of Profit.ly’s array of features and services. You’re probably familiar with the concept of the chat room as you can see it across social and messaging platforms as well as some specialty websites that provide live chat support. But on Profit.ly the chat room is viewed as a real-time area where experts and members can interact and share knowledge in real-time. Every guru has their own way when it comes to running their chat room and dealing with the members there. Some may be a laid-back person who is not very often active, while another might be more active and in touch with their students. Think of the chat rooms like Profit.ly’s version of the forum in the essence.
Who is the best Trader for Profit.ly?
Profit.ly’s diverse range of products and features caters to an array of stock traders, from novices to experienced professionals. With the variety of deals it offers, the platform surely has something for every person.
Beginners, for instance, will appreciate Profit.ly’s library of learning content offered throughout the platform. In addition, they will be provided with videos every week and chat room tips by its internal gurus as well as their members. They’ll also be able select from the products in its online store to carry with them wherever they may be. They can also gain hands-on experiences by trading through the platform, however they’ll be able to realize that the process is a high stakes game that should not be viewed as an opportunity to make fun of.
For the traders with many years of experience down the line, we see Profit.ly as equally as suitable to the newcomers. While novice traders may not be as well-equipped with dealing with trading issues however, experienced traders know how it works along with the plethora of risks that come with it. Ideally, they may utilize Profit.ly’s array of options to their maximum advantage to improve their trading skills. As beginners, they are able to study from the gurus and experts , and use those quick tips and tidbits to help them along.
Profit.ly’s ‘all-together’ nature isn’t limited to novices as well as semi-seasoned traders. Verified experts can also join in the excitement! Trade professionals who are on an equal level with Superman and Tim Sykes can also use up Profit.ly’s abilities to show off their skills to others as a way to help guide them through the ever-illustrious trading process. Investors Underground Vs Timothy Sykes Forums
Profit.ly’s Pros and Pros and
- Profit.ly’s diverse capabilities as a “one-stop” stock trading platform enable it to provide traders everywhere with tons of learning, communication, and trading tools
- You will be taught by experts and tips from the internal experts, which include libraries of educational videos and live trading activity.
- You can be sure of complete transparency through Profit.ly with accurate analytics as well as other traders who are ready to reach you when something goes wrong.
- The leaderboard feature on the platform gives you the chance to establish your credibility as a trustworthy and dependable trader
- Apart from its main abilities, Profit.ly also gives its customers additional options to meet their individual preferences, for instance, posting unverifiable trades through images
- Profit.ly’s wide array of subscription plans and guru packages are priced at affordable rates There is truly something for all
- Profit.ly’s numerous packages and services offered could be too much for the majority of its users
- If traders decide to post 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 concern that should not be ignored.
- Profit.ly will not allow refunds, as the premium customers are expected to immediately take advantage of the numerous features the platform is able to offer
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The Final Concluding Question is: Is Profit.ly worth it?
If we could think of the answer, it would be a ‘yes’. However, you must realize that it shouldn’t be treated as a quick-fix scheme to make money. The platform wasn’t originally designed to be used to achieve this goal. Instead, you need to have the ability to think with an open heart. Investors Underground Vs Timothy Sykes Forums
What we do mean”yes” is it could be a useful learning tool. Those who may be stuck might discover Profit.ly’s range of resources useful when they try their best to reduce loss and perform better than before. It’s not only the struggling traders who will benefit from this platform. It will be able to accommodate beginners as well as even experts in the field!
So, if you genuinely want to become better at trading and wish to be taught by your fellows and gurus throughout the process, then you should look no further than Profit.ly. Profit.ly could be a good option to begin.
FAQ Investors Underground Vs Timothy Sykes Forums
How can you make use of Profit.ly to make your trades public?
Profit.ly has an entry section for trades under the ‘My Trade’ category of the dashboard. It lets you record your trades, either verified or not. You may choose between three choices:
- Connecting your account to your brokerage of choice and then importing the trades from that directly
- Manually entering your trades into provided spaces and specifics
- Take a photo of your trades
How do I know whether the trade is authentic or not?
If you purchase your trade from a reputable brokerage, there is the chance that it is verifiable. This is evident by the small blue check. If you post the information manually or via screenshots, it will automatically be classified as unverified.
The drawback of posting an unauthenticated trade is the risk of receiving negative feedback from colleagues. Too many downvotes may cause you to be listed on the Madoff leaderboard, where people can see who’s untruthful in submitting trades.
Is the Profit.ly mobile app still in use?
At the time of writing, Profit.ly is still available to download via the Apple App Store and the Google Play store. The mobile version of the app is compatible with most functioning tablets and smartphones.
How many are on 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 grow and learn more about acquiring opportunities in the stock market all over the world.