The stock market can be a high-stakes game. On some days, you might enjoy the benefits of pleasing and positive numbers. However, on other days you may experience the opposite and it can be very difficult to return to where you were at your peak. If you’re constantly stuck in the gutter it is important to realize that relying on instinct and survival is not always enough.
If you’ve experienced occasional losses, you’re gonna be needing sound advice from tried-and-tested trading experts. Also, you’ll need an important boost from fellow traders from around the world, which is why we’ve found an option that can help you to improve your performance in the market. We’ll take a look at Profit.ly A well-respected all-in-one social platform for trading!
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.
Total Rating: 4.1/5 Penny Stocks Guide Tim Sykes
Users Experience 4.5/5
Profit.ly is an online trading platform that allows traders of all levels to be informative and accountable, as well as transparent and uplifting with each other through its broad variety of tools and features like trade verification, chat rooms as well as an extensive library of educational material.
What is Profit.ly?
Profit.ly is a trading site that serves both 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 using the aid of cutting-edge analytics tools. It provides users with a vast variety of tools for communication and trade that help traders from all walks of life network with each other. It offers gurus with an opportunity to invest in the right areas of the platform. Imagine it as an online social media platform similar to Facebook and Reddit but with a focus on experts and traders.
Profit.ly independently verifies trade performances and publishes all data from them in the style of leaderboards. The platform for trading is built on honesty and transparency: it ensures that the trades are valid and won’t accept fake news as long as is humanly possible. It was founded many years ago by penny expert in stock trading and investment guru Timothy Sykes, along with fellow expert Michael Mosseri.
One time , during an interview with Forbes magazine Sykes declared that Profit.ly was based “on the transparency of the entire spectrum of trades, something which has never been prior to.” The concept, he added, served two purposes: 1) creating public track records for all traders, not just the gurus, but also the newsletter writers and students as well as) allowing everyone on the platform to gain insight into the losses and wins for the trading industry’s benefit. Penny Stocks Guide Tim Sykes
How Does It How Does It
Profit.ly follows a subscription-based model that lets stock traders have access to a range of services and features geared at achieving success. You can create an account on the site at no cost, however you’re only limited to having access to the leaderboard and observe the actions of non-gurus. If you’re interested in investing your money in order to find out which stocks the gurus are trading in real time, you will need to join one of Profit.ly’s offerings, which we will review in the coming days.
Making an account easy: create a profile with your experiences and knowledge, then connect to your brokerage account, and you’ll have a chance to shoot your way to at the very top of the list. Profit.ly’s Leaderboard function, which was mentioned previously was designed to offer its users a glimpse of the performance of the trading community and its experts. It’s not just a way to prove your worth to a group of traders, but you can also utilize Profit.ly to buy with a guru, and have the assurance that you’re confident of their knowledge and the veracity of their assertions.
If you are unsure about the concept of leaking your brokerage account, you can opt to post your trades, either verified or otherwise, through photographs. In Profit.ly is the huge selection of trading courses, the ability to view stats in a trader’s profile and other methods to interact with your experts via chatrooms along with notifications via email or text as well as updates.
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Meet Tim Sykes, the founder: Tim Sykes
Timothy Sykes is a well-renowned day trading personality who is famously known for his efforts in trades in penny stocks. According to Investopedia the term “penny stock” refers to a small-sized company’s stock which trades at under $5 for each share. The trading of penny stocks could be viewed as a stepping stone for small companies to move to a large marketplace as it gives them access to money from the general public. However, don’t get it wrong – it’s also an extremely risky game, as Sykes can surely tell because of his decades of experience.
From his beginnings in his late years in High School, Tim Sykes has, since then, earned over $6 million of profits throughout his illustrious career as trader. When he was 25 years old Tim Sykes had received greater exposure and an even wider impact when he became part of the reality show “Wall Street Warriors.” He made use of the show to develop trading rooms as well as penny stock themes and educational content geared toward 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 through the platform.
The Profit.ly Gurus
One of Profit.ly’s most appealing features is the vast array of educational tools, 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 earned significant amounts of profit from their collective years of knowledge. Penny Stocks Guide Tim Sykes
At its height, Profit.ly had housed up to five gurus, all of them an expert in their field of expertise in the trading industry. 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 this platform: the founder as well as penny-stock trader Tim Sykes and veteran smallcap swing trader Paul Scolardi, also known as Superman. In light of that we’ll take a look at the packaged offers each guru offers.
From Tim Sykes Tim Sykes: Tim’s Alerts
Sykes offers a basic stock trading service that focuses on penny-stock day trading via Tim’s Alerts. The cost is $74.95 per month, you’ll be able to observe him focus on basic stock catalysts and employ them to anticipate the next move that is possible when making trades.
A standalone purchase from Tim’s Alerts will get you access to the chatroom, as well as the mobile app that’s available for iOS and Android devices, text, e-mail and push alerts; as well as a daily watchlist of stocks.
from Tim Sykes: The Pennystocking Silver Package
Pennystocking Silver is the premium version that has been upgraded of the Tim’s Alerts program. At $149.95 for a month this is a great option for those who are invested in investing in penny stocks. Pennystocking Silver offers all the essential features found in the previous plan, including swing trading alerts as well as unlimited access to a library of more than 7,000 instructional videos, with new ones released every week.
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In “Superman” Paul Scolardi: Superman Alerts
Scolardi, who goes by the name “Superman,” is a trader who has an eye for both tiny-cap massive stocks as well as wildly accurate marketing forecasts. Through the years since the time he started trading, Superman has amassed over $5.5 million in total trading profits. Penny Stocks Guide Tim Sykes
The Superman Alerts plan is his package of vital features and alerts on trading geared toward those who may be interested. For $147 per month, you’ll gain an access to the day-to-day premarket stock watchlist as well as the mobile application, daily market commentary in real-time, as well as SMS and e-mail alerts.
The film “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 his Superman Pro package. Alongside the standard features that are included in the Alerts package, Superman Pro gives you daily video lessons, which include an ever-growing library of the previous ones. Additionally, you’ll also get an access to high-quality research papers as well as an IPO and earnings tracker.
Profit.ly Programs and Costs
If you’re eager to join the world of online trading and leave a mark in the industry, Profit.ly has the right amount of resources to help you started. The platform offers three membership levels that are designed to accommodate traders at different levels. Let’s break down what these three levels are and what they’ll cost you.
This package for novices is Profit.ly’s entry-level plan designed especially for people who are brand new to the trading community. Once you have signed up for this package you’ll be offered a range of strong and vital trading tools, all of which is essential to keep your hands on what we can describe as a cutthroat process in and of itself.
The list of features you can accomplish using Profit.ly’s Novice package is the ability to verify the results of your trades and track profit and follow-up, leading and even texting your fellow traders, as well as providing feedback on trades today. You can also get on leaderboards, analyze your trades, sort or filter the trades you make; and lastly, look at other’s stats.
The Novice plan is $29.95 per monthly payment. While it may look attractive for the price alone however, there’s a drawback. You aren’t able to create a personal profile, thus making your actions public. If you’re looking to get an account with this option, be watching for us to introduce to you Profit.ly’s next strategy.
The Trader plan allows you to take advantage of a majority of features from The Novice package. This plan allows that you can set up an account that is private to share with other associates all your insights and information you have gained from trader’s community.
Priced at $49.95/month, Profit.ly’s Trader plan will do what the name implies: Cater people who want to improve their skills in trading. As nice as it seems but there’s one important aspect that’s not included. As opposed to the prior Novice package, you won’t be able to see the statistics of other traders that could be a disadvantage for those who are looking forward to this tier. Penny Stocks Guide Tim Sykes
This is by far the highest luxurious package Profit.ly can offer to experienced traders. It costs $74.95 per month, with a 22% discount for annual billing This plan offers everything. It gives you full, unlimited access to all the features of the previous plans combined.
In addition, you’ll be able to look at other people’s statistics and data, but you also have the chance to create your own private profile. Both of these options, in addition to the advantages that you can utilize 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 level is ideal for you!
Profit.ly’s Other Services
In addition to the trainer tools and leaderboards, Profit.ly has a few other services they offer. One of those is its online store, which lets users choose from a wide array of videos created to provide guidance on the nuances and pitfalls of trading. Each of the offerings listed on this page of the site can be purchased immediately for personal use. Among these products include best-sellers such as”Trading Tickers,” the “Trading Tickers” series by trader specialist Tim Grittani, Timothy Sykes’s collection of DVDs, streaming-only content about short stocking, penny stocking, and all other related to trading, videos and scenes from The Annual Pennystocking Conference, and other products by expert traders.
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The integrated chat rooms are also part of Profit.ly’s range of features and services. You’re probably familiar with the concept of chat rooms since you can see it across social and messaging platforms, as well as some specialty websites that offer live chat assistance. But on Profit.ly, it is seen as a hands-on place where gurus and their member traders can communicate and share knowledge in real-time. Each guru has their style in operating their chat room and dealing with the members. Some may be a laid-back person who is not very often active, while another might be more interactive and online to their pupils. Think of the chatrooms as Profit.ly’s version of a forum, in essence.
Who is the Ideal trader to Profit.ly?
Profit.ly’s wide range of products and features caters to the wide range of stock traders, ranging from novices to the most experienced. With the variety of deals it can provide, the platform surely has something for all.
For instance, newbies can take advantage of Profit.ly’s knowledge-based content offered throughout the platform. Not only will they be enriched with weekly videos and chat room advice from its in-house gurus as well as their members. They’ll also be able to choose from the items from its online store for them to take wherever they travel. Additionally, they can gain practical experiences by trading through the platform, but eventually they’ll realize that this is a high-stakes game that shouldn’t be taken as an opportunity to make fun of.
For those traders who have had decades of experience in the line, we see Profit.ly equally suited for them as it is for those who are just starting. Although the novices might not be as proficient in managing trading however, experienced traders know how it works and the plethora of risks that come with it. In the ideal scenario, they can utilize Profit.ly’s variety of options to their maximum advantage to improve their trading skills. As beginners, they are able to learn from the top experts and experts and utilize those quick tips and tidbits to help them along.
Profit.ly’s ‘all-together’ nature isn’t limited to novices or semi-experienced trader. Verified experts can also join in the fun! People in the trade industry who are on similar levels to Superman and Tim Sykes can also use up Profit.ly’s abilities to show off their expertise to other traders as a way to guide them through the ever-illustrious trading process. Penny Stocks Guide Tim Sykes
Profit.ly’s Pros and Pros and
- Profit.ly’s diverse capabilities as a “one-stop” stock trading platform allows it to provide traders everywhere with tons of learning tools, communication, and trading tools
- You will receive excellent training and insights from its inside experts, as well as collections of educational videos as well as live trading activity.
- You’re assured of transparency throughout Profit.ly with precise analytics and fellow traders that are waiting to reach you out whenever something happens
- The leaderboard feature of the platform offers you the opportunity to increase your reputation as a reliable and verifiable trader
- In addition to its primary abilities, Profit.ly also gives its users extra options to suit their preferences, such as posting trades that are not authentic by taking screenshots
- Profit.ly’s wide array of packages and subscription levels are priced at reasonable prices There’s something for every person
- Profit.ly’s numerous packages and services offered could be too much for most of its users
- If traders decide to post any kind of trade, there is an opportunity that some them could profit from selecting the best trades in order to increase the rating This could be a concern that should not be simply overlooked
- Profit.ly does not offer refunds as the premium customers are expected to instantly take advantage of the numerous features the platform is able to offer
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The Final Concluding Question The Final Verdict: Is Profit.ly worth it?
If we could think of an answer to this question, it would be a ‘yes’. But it is important to realize that this platform shouldn’t be viewed as a get-rich-quick scheme. The platform wasn’t originally meant to be designed in this way. Instead, you should have an open mind. Penny Stocks Guide Tim Sykes
What we do mean”yes” is that it is a fantastic learning tool. Those who may be stuck might find Profit.ly’s range of resources to be helpful as they do their best to incur lesser losses and be more successful than before. It’s not just the struggling traders that will benefit from this platform. It can accommodate beginners and even experts in the field!
So, if you genuinely desire to be better at trading and wish to learn from your fellows and gurus along the way, then take a look at Profit.ly. Profit.ly could be a good alternative to start.
FAQ Penny Stocks Guide Tim Sykes
How do you use Profit.ly to make your trades public?
Profit.ly offers a trade entry portion under the ‘My Trade section of the dashboard. It lets you post your trades that are verified or otherwise. You may choose between three choices:
- Connecting your account to your broker of choice and import trades directly from there
- Manually inputting your trades with the spaces provided and details
- Send a screen shot of your trades
How can I tell whether the trade can be verified or not?
If you buy your trade from a reputable brokerage, there is the likelihood that it can be verified. This is shown by the blue check mark. If you post the information manually or via images, it will be classified as unverified.
The disadvantage of an unauthentic trade is the chance of getting downvotes from your friends and colleagues. A large number of downvotes could cause you to show up in the Madoff leaderboard, where people can detect who’s being dishonest 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 App Store for Apple and the Google Play store. The mobile app version works with all working smartphones and tablets.
How many are connected to Profit.ly?
Profit.ly is currently home to over 150,000 investors and traders because they are not just seeking to make the most profit but also to help one another develop and grow in their ability to take advantage of opportunities on the stock market left and right.