The stock market can be an exciting game with high stakes. Some days, you might be reaping the benefits of positive and satisfying numbers. On other days, however you may experience the opposite and it could be extremely difficult to get back to where you were at your peak. If you find yourself constantly stuck in the gutter You will need to recognize that relying on instinct and survival is not always enough.
If you’ve suffered losses from time to time You’ll need reliable advice from tested and tried trading experts. Also, you’ll need an enormous boost from your fellow traders from around the globe. That’s why we’ve found a platform that can support you in your improvement within the field. In this review, we’ll take the time to 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. To get a comprehensive overview of Profit.ly, you may still want to check out our article below.
Overall Rating: 4.1/5 Learn Level 2 Timothy Sykes Free Download Forexwinner
User Experience: 4.5/5
Profit.ly offers an internet-based trading service that allows traders of different levels to be informed, transparent, accountable, and uplifting with one another through its wide variety of tools and features such as trade verification, chat rooms, and an enriched library of educational material.
What is Profit.ly?
Profit.ly is a trading site that functions as a learning and training platform for people who are starting out and also as a platform for traders with experience to keep track of their performance through the use of cutting-edge analytics tools. Providing users with a wide variety of tools for communication and trade and letting traders from every field of business connect with one another. It offers gurus with worthy investments within the boundaries of the platform. Imagine it as an online social media platform similar like Facebook and Reddit however it is geared towards traders and experts.
Profit.ly independently checks the performance of trades and then publishes the information from them in the form of leaderboards. The platform for trading is built on honesty and transparency: it makes sure that trades are authentic and won’t allow for fraud as much as possible. It was established years ago by the penny stock trade expert and investment expert Timothy Sykes, along with fellow expert Michael Mosseri.
One time , during an appearance in Forbes magazine, Sykes stated that Profit.ly was driven by its focus “on showing all trades, something that was never prior to.” The idea Sykes said served two goals: 1.) creating public track records for all traders, not just the gurus, but also the newsletter authors and students, and 2) allowing everyone on the platform to be enlightened by both losses and wins for the trading industry’s benefit. Learn Level 2 Timothy Sykes Free Download Forexwinner
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 the success of their business. It is possible to create an account on the site at no cost, however you’re only limited to having the ability to navigate through the leaderboards and monitor the activities of people who aren’t 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 that we’ll go over shortly.
The process of opening an account is easy: create an account with your experience and knowledge, then connect your brokerage account, and you’ll be given the chance to climb through the top of the leaderboard. Profit.ly’s leaderboard feature, as mentioned previously it is designed to provide its users a look at how the community of traders performs and its experts. You’re not just allowed to show your worth to a large group of traders. You can also use Profit.ly to buy from a guru with the confidence that you are confident in their skills and the legitimacy of their assertions.
If you’re not comfortable with the idea of divulging your brokerage account, then you could opt to post your trades, either verified or not, by taking screenshots. Also included in Profit.ly are a variety of trading classes as well as the ability to look at statistics on a person’s profile, and more ways to interact with your experts in 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 trading personality who is well-known for his efforts in penny stock trading. According to Investopedia Penny stock refers to a small-sized company’s stock that trades for less than $5 per share. The penny stock market is a stepping stone for small-scale businesses to make the transition into a larger market because it allows them to access funds from the general public. However, don’t get it wrong – it can also be an extremely risky game, as Sykes will be able to tell you thanks to his years of experience.
Beginning in the latter years of High School, Tim Sykes has, since then, made over $6 million of earnings during his long and successful career as trader. At 25 years old, he had been given more exposure and a wider impact when he became part of the reality series “Wall Street Warriors.” He took advantage of it to create trading rooms, penny stock themes, and educational material aimed at those who are just beginning to learn about trading. He also helped establish Profit.ly as a platform for transparency and for the community to uplift and compete with each other on the platform.
The Profit.ly Gurus
One of Profit.ly’s most appealing features is the variety of education tools, trade alerts and other useful stuff offered by the in-house experts of the platform. The gurus in question refer to the trading experts who have proven to make substantial amounts of money from their combined years of experience. Learn Level 2 Timothy Sykes Free Download Forexwinner
At its peak, Profit.ly had housed up to five gurus, all of them a professional within their particular field within the world of trading. Some of the most famous gurus included Connor Bruggermann, Nathan Michaud of Investors Underground, and Triforce among others. As of this writing, only two gurus remain on the platform: 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 the packages each guru has to offer.
From Tim Sykes: Tim’s Alerts
Sykes offers an essential stock trading service with the main priority being penny stock day trading through Tim’s Alerts. At $74.95 for a month you will be able to see him concentrate on the basic stock catalysts and employ them to anticipate the next moves that could occur when making trades.
A purchase on its own of Tim’s Alerts will get you access to the chatroom as well as the mobile app available to iOS as well as Android devices, email, text and push alerts and a daily stock watchlist.
Tim Sykes: From Tim Sykes: The Pennystocking Silver Package
Pennystocking Silver is the most premium version that has been upgraded of the Tim’s Alerts package. It costs $149.95 for a month it is an ideal plan for those who are more committed to penny stock trading. Pennystocking Silver offers all the essential features of earlier plans which includes swing trading alerts and unlimited access to an extensive library of more than 7,000 instructional videos that are updated each week.
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In “Superman” Paul Scolardi: Superman Alerts
Scolardi, who goes by the alias “Superman,” is a trader who has an eye for both massive stocks of the small-cap size and insanely accurate marketing forecasts. Through the years since when he first started trading, Superman has amassed over $5.5 million in total trading profits. Learn Level 2 Timothy Sykes Free Download Forexwinner
The Superman Alerts package is his package of vital features and trading alerts geared to those interested. For $147/month, you’ll get access to the daily stock watchlist that is premarket as well as the mobile app, the daily market updates in real-time, and email and SMS alerts.
From “Superman” Paul Scolardi: Superman Pro
For the price of $247, you receive additional features, plus access to an extensive base of knowledge that is provided by Superman himself via his Superman Pro package. Alongside the standard features that are included in the Alerts plan, Superman Pro gives you weekly video lessons, including the growing collection of other previous ones. Additionally you’ll also gain an access to high-quality research papers and the 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 a mark in the field, Profit.ly has the right amount of tools to get you up and running. The platform has three membership tiers, each designed for traders with different levels. Let’s look at what the three levels are and what they will cost you.
This package for novices is Profit.ly’s basic plan that is designed specifically for those who are new to the trading community. When you sign up for this plan you’ll be offered a range of strong and indispensable trading tools, each of which is essential to keep your fingers on what call a competitive procedure in its own.
Among the list of things you can do using Profit.ly’s Novice package is the ability to verify trades and track profits and follow-up, leading and even texting other traders; and providing feedback on trades today. It also allows you to be onto leaderboards; study, sort, or filter the trades you make; and, lastly, view other people’s statistics.
The Novice plan costs $29.95 per month. While it may look attractive just by the price, there is a downside. You can’t create a private profile, which makes your activities publicly available. 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 lets users to benefit from the majority of features available in the novice plan. It is in this plan that you can create an individual profile that allows you for sharing with fellow associate users all the insights and intel in this trading group.
The price is $49.95/month, Profit.ly’s Trader plan will do what the name implies caters people who want to harness their expertise in trading. As nice as it seems, there is one significant element that’s missing. Unlike the previous Novice package, you won’t be able view the statistics of other traders, which might be a drawback for those looking forward to this tier. Learn Level 2 Timothy Sykes Free Download Forexwinner
The Pro plan is the highest expensive plan 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 will have full, unrestricted access to all the features from the two prior plans.
In addition, you’ll be able to see other users’ stats as well, you’re also offered the chance to create an individual profile. These two features are on top of all the advantages that you can utilize 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 plan is ideal for you!
Profit.ly’s Other Services
Apart from the training tools and the leadersboards Profit.ly offers a number of other services they offer. One of these is its online store, which allows users to choose from a wide array of videos designed to inform and help you understand the ins and outs of trading. The products listed in this section of the site can be immediately purchased for personal use. Among these products include best-sellers like”Trading Tickers,” the “Trading Tickers” series by trading specialist Tim Grittani, Timothy Sykes’s collection of DVDs, streaming-only content related to short stocking, penny stocking, and all other things trading-related, clips and clips taken from The Annual Pennystocking Conference, and other products by expert traders.
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The chat rooms that are integrated are also part of Profit.ly’s variety of services and features. You are probably familiar with the concept of the chat room as you can find it throughout social and messaging platforms as well as some specialty websites that provide live chat support. But in Profit.ly, it is seen as a hands-on area where experts and members can interact and learn in real time. Every guru has their own style in operating their chat room and dealing with the listed members there. One might be laid back and not very often active, while another might be more online and communicative with their students. Think of chatrooms as Profit.ly’s version of a forum, in essence.
Who is the ideal Trader for Profit.ly?
Profit.ly’s variety of offerings and features cater to the wide range of stock traders, ranging from novices to experienced professionals. Given the wide range of options it can provide, the platform surely has something for all.
Newbies, for instance, will enjoy Profit.ly’s collection of educational content offered throughout the platform. Not only will they get daily videos and chat room tips from its in-house gurus as well as their members. Additionally, they can pick from the merchandise available from its online store to carry with them wherever they go. Additionally, they can gain practical experiences by trading through the platform, but ultimately they’ll realize that this is a risky game that should not be viewed as an opportunity to make fun of.
For traders who have many years of experience down the line, we believe Profit.ly equally suited to them as those who are just starting. While the newbies may not be as proficient in dealing with trading issues but the experts already know how it works and the risky mix associated with it. It is ideal to use Profit.ly’s range of features to their full advantage to develop their skills in trading. Like beginners, they can learn from the experts and experts , and use those short tips and tricks throughout the process.
Profit.ly’s “all-in” approach doesn’t just apply to newbies as well as semi-seasoned traders. Verified experts can also join in the fun! Those in the trading industry who are at similar levels to Superman and Tim Sykes can also use Profit.ly’s capabilities. Profit.ly’s abilities to show off their skill to others as a way to navigate them through the ever-changing trading process. Learn Level 2 Timothy Sykes Free Download Forexwinner
Profit.ly’s Pros and Cons
- Profit.ly’s many capabilities as a “one-stop” stock trading platform enable traders from all over the world with a wealth of education communications, trading, and communication tools
- You get to be taught by experts and advice from the company’s inside experts, as well as libraries of educational videos and real-time trading activities
- You can be sure of complete transparency through Profit.ly by using accurate data and fellow traders ready to call you out if something occurs.
- The leaderboard feature on the platform gives you the chance to establish your reputation as a reliable and dependable trader
- Apart from its main features, Profit.ly also gives its customers extra options that can be tailored to their individual preferences, for instance, posting unverifiable trades through photographs
- Profit.ly’s variety of subscription levels and guru packages are priced at a reasonable cost – there truly is something for everyone
- Profit.ly’s abundance of packages and services offered could be too much for a lot of its customers
- As traders may opt to open any kind of trade, there’s the possibility that some of them may take advantage by selecting the best trades in order to increase the rating this could be a concern that should not be ignored.
- Profit.ly will not allow refunds as its premium users are expected to instantly take advantage of the numerous features the platform is able to provide
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The Final Verdict The Final Verdict: Is Profit.ly Valued?
If we were able to come up with an appropriate answer for this query, it’s a ‘yes’. But it is important to realize that this platform shouldn’t be viewed as a scheme to get rich quick. It wasn’t intended to be created to achieve this goal. Instead, it is best to keep the ability to think with an open heart. Learn Level 2 Timothy Sykes Free Download Forexwinner
What we are referring to”yes” is it is a fantastic learning tool. Those who may be stuck may discover Profit.ly’s range of resources helpful in their efforts to reduce losses and be more successful than before. Not only poor traders that can benefit from the platform. It will be able to accommodate beginners as well as even experts!
If you truly 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 could be a good choice to start.
FAQ Learn Level 2 Timothy Sykes Free Download Forexwinner
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 of the dashboard which allows you to post your trades, verifiable or not. You may choose between three choices:
- Linking your account to the brokerage of choice and then importing transactions directly through there
- Manually inputting your trades with specified spaces and information.
- Upload a screenshot of your transactions
What can I do to determine if the trade is verifiable or not?
If you purchase your trade through a reliable brokerage, there’s the chance that it is verifiable. This is evident by the blue check mark. If you post the information manually or via images, it will be classified as unverified.
The drawback of posting an unverified trade is the risk of getting downvotes from your fellow peers. A large number of downvotes could cause you to be listed on the Madoff leaderboard, where people can see who’s fraudulent in posting trades.
Are the Profit.ly mobile app still in use?
As of this writing, Profit.ly is still available to download via the Apple App Store as well as in the Google Play store. The mobile version of the app is compatible with the majority of working smartphones and tablets.
How many people are currently connected to Profit.ly?
Profit.ly currently houses over 150,000 traders and investors, because they are not just trying to maximize profits but also assist each other to learn and improve in acquiring stock market opportunities all over the world.