Stock trading can be an extremely risky game. On some days, you might have the benefit of pleasing and positive numbers. On other days it could be the reverse, and it may sometimes be very difficult to return to where you were at your peak. If you are constantly stuck in the gutter You will need be aware that relying solely on your instincts and preserving is not always enough.
If you’ve experienced losses from time to time You’ll need sound advice from tried-and-tested trading experts. You’re also gonna need an important boost from fellow traders from around the globe, which is why we’ve identified an online platform that will help you in your improvement in the market. We’ll be taking the time to look at Profit.ly is a well-known one-stop 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. Do check out our article below, however, because it has a comprehensive overview of Profit.ly.
Total Rating: 4.1/5 Penny Stocks Timothy Sykes Is Investing
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 enables traders of all levels to be knowledgeable and accountable, as well as transparent and encouraging one another through its wide variety of tools and features including trade verification, chat rooms and a rich library of educational content.
How do I define Profit.ly?
Profit.ly is a site for trading that serves both as a learning and education platform for those new to trading and also as a platform for traders who are experienced to monitor their performance with the help of cutting-edge analytics tools. Providing users with a wide array of options for trade and communication, it helps traders from all walks of life network with one another. It also allows gurus to make worthwhile investments within the confines that the site. Think of it as an online social media platform similar like Facebook and Reddit but with a focus on experts and traders.
Profit.ly independently verifies trade performances and then publishes the information from them in the style of leaderboards. The trading platform is built on honesty and transparency: it ensures that the transactions are legitimate and will not tolerate inauthenticity as much as possible. It was created years ago by the penny stock trade expert and investment expert Timothy Sykes, along with the other expert Michael Mosseri.
In an interview with Forbes magazine Sykes said that Profit.ly was motivated by its focus “on the transparency of the entire spectrum of trades, something which was never previously done.” The idea Sykes said served two goals: 1.) making public records for all traders, not just the gurus, but also the newsletter writers and students, and 2) allowing anyone on the platform to gain insight into the losses and wins to benefit the industry of trading. Penny Stocks Timothy Sykes Is Investing
How Does It Perform?
Profit.ly is a subscription-based platform which allows stock traders to have access to a range of services and features geared toward achievement. You may set up an account on the site at no cost, however you’re only given access to the leaderboard and follow the activities of non-gurus. If you’re ready to invest your money and see 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.
The process of opening an account is simple: Create a profile with your experiences and expertise, connect to your brokerage account and you have yourself the chance to climb your way up to at the very top of the list. Profit.ly’s leaders’ board feature as previously mentioned, is designed to give its users an insight into the performance of the trading community as well as its experts. You’re not just allowed to demonstrate value to a group of traders, as you can also use Profit.ly to buy with a professional with the assurance that you’re comfortable in their skills and the credibility of their claims.
If you feel uneasy with the concept of leaking information about your account with a brokerage, you can opt to post your trades, whether verified or not, by taking photographs. In Profit.ly are a variety of trading courses, the ability to view stats in a trader’s profile, and more ways to connect with your gurus via chatrooms along with text and e-mail alerts and updates.
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Meet Tim Sykes, the founder: Tim Sykes
Timothy Sykes is a well-renowned day trading guru who is well-known for his efforts in penny stock trading. According to Investopedia the term “penny stock” refers to a small-sized company’s shares that trade for less than $5 per share. Penny stock trading is an avenue for small companies to move to a market that is larger as they can access money from the general public. But don’t be mistaken – it can also be a high-risk game, which Sykes will be able to tell you because of his decades of experience.
Since his initial beginnings at the end of his time in high school, Tim Sykes has, since then, made more than $6 million in profits during his long and successful career as trading professional. At the age of 25 Tim Sykes had received greater exposure and a larger impact as a participant in the reality series “Wall Street Warriors.” Then, he used the opportunity to create trading rooms as well as penny stock themes as well as educational content targeted at people who are brand new to trading. He also played a role in establishing Profit.ly as a platform for openness, and to allow the community to rise and compete on the platform.
The Profit.ly Gurus
One of Profit.ly’s sweet inclusions is the wide range of education sources, trade alerts and other helpful stuff provided by the company’s internal gurus. The gurus in question refer to the trading experts who have proven to make substantial amounts of money from their collective years of experience. Penny Stocks Timothy Sykes Is Investing
At its peak, Profit.ly had housed up to five gurus, all of them an expert in their field of expertise within the world of trading. Some of the most famous experts were Connor Bruggermann, Nathan Michaud of Investors Underground, and Triforce as well as a handful of others. As of this writing, however, only two gurus 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. With that taken into consideration we’ll take a look at what packaged deals each guru has to offer.
From Tim Sykes: Tim’s Alerts
Sykes provides an essential stock trading service which focuses on penny stock day trading through Tim’s Alerts. Costing $74.95 monthly, you will see him focus on the basic stock catalysts and employ them to anticipate the next move that is possible when trading.
A standalone purchase of Tim’s Alerts will get you access to the chatroom and the mobile app available on iOS as well as Android devices; text, e-mail and push alerts as well as a daily watchlist of stocks.
Tim Sykes: From Tim Sykes: The Pennystocking Silver Package
Pennystocking Silver is the premium version, with an upgraded version of Tim’s Alerts package. It costs $149.95 for a month it is an ideal plan for investors who are invested in investing in penny stocks. Pennystocking Silver offers all the essential features of prior plans, which includes swing trading alerts as well as unlimited access to a collection of more than 7,000 educational videos that are updated every week.
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In “Superman” Paul Scolardi: Superman Alerts
Scolardi who is known under the name “Superman,” is a swing trading professional with an eye for tiny-cap massive stocks as well as wildly accurate marketing forecasts. In the time since when he first started trading, Superman has amassed over $5.5 million in trading profits. Penny Stocks Timothy Sykes Is Investing
The Superman Alerts plan is an offering of essential features and trading alerts targeted to those interested. For just $147 per month, you’ll have an access to the day-to-day stock watchlist that is premarket and the mobile app, the daily market updates in real-time, and E-mail and SMS alerts.
The film “Superman” Paul Scolardi: Superman Pro
For $247 per month, you can enjoy additional features and access to an extensive base of knowledge of information provided by Superman himself via Superman Pro. Superman Pro package. On top of the essentials featured in the Alerts plan, Superman Pro gives you weekly video lessonsthat include a growing library of all the previous ones. Additionally you’ll also gain an access to high-quality research papers as well as the IPO and earnings tracker.
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 going. The platform has three membership tiers, each designed for traders at different levels. Let’s take a look at what these three tiers are and how much they’ll cost you.
Novice Plan
The package called Novice is Profit.ly’s beginning-of-the-line plan specifically for people who are brand new to the trading community. Once you have signed to this plan, you will be immediately given a slew of robust and essential trading tools, all of which is essential to keep your hands on what we call a competitive procedure in its own.
The list of features you can accomplish using Profit.ly’s Novice package include the ability to confirm 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 can also get on leaderboards, analyze your trades, sort or filter the trades you make and, finally, see other’s stats.
The Novice plan costs $29.95 per monthly payment. Although it might look appealing just by the price but there’s a disadvantage. It isn’t possible to create a private 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 plan.
Trader Plan
The Trader package lets you to take advantage of a majority of features from the novice plan. In this plan, that you can set up a private profile to share with fellow associate users all the insights and information you have gained from trader’s community.
The price is $49.95/month, Profit.ly’s Trader plan does what the name suggests caters to those who desire to develop their expertise in trading. Although it’s a nice thing but there’s one important element that’s missing. Unlike the previous Novice package, this one won’t be able to view the statistics of other traders this could be a problem for those anticipating this level. Penny Stocks Timothy Sykes Is Investing
Pro Plan
The Pro plan is the most premium package that Profit.ly can offer to experienced traders. With $74.95 per month, which includes an additional 22% discount for annual billing This plan offers it all. It gives you full, unlimited access to all features of the previous plans combined.
You’re not only able to view other people’s stats and data, but you also have the opportunity to create a private profile. Both of these features, on top of all the advantages that you can utilize to the fullest potential. If you’re looking for an account that will give you everything you need as an experienced trader, the Pro level is for you!
Profit.ly’s Other Services
In addition to the trainer tools and Leaderboards Profit.ly provides a variety of more services it has to provide. One of those is its online store, where customers can select from a variety of videos designed to inform and help you understand the nuances and pitfalls of trading. The products listed on this page of the site can be bought immediately for your personal use. Some of these include bestsellers like”Trading Tickers,” the “Trading Tickers” series by trader expert Tim Grittani, Timothy Sykes’s collection of DVDs and streaming-only content about short stocking, penny stocking, and all other aspects of trading. There are also clips and scenes of events like the Annual Pennystocking Conference, and products from other expert traders.
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Chat rooms integrated into Profit.ly are included in Profit.ly’s array of services and features. You’re probably familiar with the concept of the chat room as you can find it throughout social and messaging platforms in addition to a few special websites that offer live chat support. But on Profit.ly it’s seen as a hands-on area where experts and member traders can communicate and learn in real time. Each guru has their 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 in their interactions with students. Consider chat rooms like Profit.ly’s version of a forum, in the essence.
Who is the Ideal trader to Profit.ly?
Profit.ly’s wide range of products and features cater to an array of stock traders, from novices to the most experienced. With the variety of deals it has to offer, the platform surely has something for everyone.
Newbies, for instance, can take advantage of Profit.ly’s knowledge-based materials available across the platform. They will also get daily videos and chat room advice by its internal gurus and their members. They’ll also be able to select from the products in its online store that they can take with them wherever they may go. They can also gain hands-on experiences by trading through the platform, but eventually, they will soon learn that the process is a high stakes game that should not be viewed as an amusing pastime.
For those traders who have had years of exposure down the line, we see Profit.ly equally suitable to them as people who are just beginning. While novice traders may not be as adept at dealing with trading issues, the pros already understand 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 enhance their skills in trading. Like novices, they can learn from the experts as well as experts, and take advantage of simple tips and hints to help them along.
Profit.ly’s “all-inclusive” nature doesn’t just apply to newbies and semi-experienced 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 the power of Profit.ly’s capabilities to display their skill to others as a way to help assist them in the ever-changing trading process. Penny Stocks Timothy Sykes Is Investing
Profit.ly’s Pros and Cons
The Pros
- Profit.ly’s diverse capabilities as a “one-stop’ stock trading platform enable it to provide traders everywhere with tons of learning tools, communication, and trading tools
- You get to receive excellent training and tips from the internal experts, which include collections of educational videos as well as trading in real-time.
- You’re assured of transparency throughout Profit.ly with precise analytics and fellow traders who are ready to reach you out if something occurs.
- The leaderboard feature on the platform gives you a way to build your reputation as a reliable and dependable trader
- Apart from its core features, Profit.ly also gives its customers additional options to meet their preferences, such as posting unauthentic trades via images
- 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 products offered may seem overwhelming for the majority of its users
- If traders decide to make any type of trade, there’s a possibility that some of them will profit by picking the most profitable trades to increase the rating – this may be a concern that should not be simply overlooked
- Profit.ly does not accept refunds as its premium users will immediately benefit from the many services the platform has to offer
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The Final Verdict The Final Verdict: Is Profit.ly Valued?
If we could think of the answer, it would be an affirmative “yes”. However, you must realize that it shouldn’t be treated as a scheme to get rich quick. The platform wasn’t originally designed to be used for this reason. Instead, you need to have the ability to think with an open heart. Penny Stocks Timothy Sykes Is Investing
What we mean”yes” is that it could be a useful learning tool. People who are stuck could be able to find Profit.ly’s variety of resources to be helpful in their efforts to avoid losses and perform better than they did before. It’s not just the struggling traders that will benefit from this platform. It is able to accommodate novices and even experts!
So, if you genuinely desire to be more successful in trading and would like to learn from your fellows and gurus along the way, then you should look no further than Profit.ly. Profit.ly is a fantastic choice to start.
FAQ Penny Stocks Timothy Sykes Is Investing
What are the best ways to use Profit.ly to make your trades public?
Profit.ly has the option of allowing trade entries under the “My Trade’ category of the dashboard which lets you post your trades that are verified or otherwise. There are three choices:
- Connecting your account to your broker of choice and import trades directly from there
- Manually inputting your trades with provided spaces and specifics
- Upload a screenshot of your transactions
What can I do to determine if the trade is verifiable or not?
If you buy your trade from a trusted brokerage, there is the probability that it’s verifiable. This is indicated with the blue check mark. If you submit it manually or through images, it will be classified as unverified.
The disadvantage of an unverified trade is the possibility of receiving downvotes from fellow peers. Too many downvotes may cause you to be listed on the Madoff leaderboard, where people can detect who’s being fraudulent in posting trades.
Is the Profit.ly mobile application still available?
As of this writing, Profit.ly is still available to download via the Apple App Store and on the Google Play store. The mobile app version works with all working smartphones and tablets.
How many are using Profit.ly?
Profit.ly currently houses over 150,000 traders and investors, as they not only are trying to maximize profits but also assist each other to grow and learn more about acquiring opportunities in the stock market both right and left.
