Stock trading is an exciting game with high stakes. Some days, you might enjoy the benefits of positive and satisfying numbers. However, on other days, the opposite may happen and it could be extremely difficult to return to where you were at your best. If you’re immersed in the water, you will have to recognize that relying on pure instinct and preservation might not be enough.
If you’ve experienced losses from time to time and you’re likely to require sound advice from tried-and-tested trading experts. Also, you’ll need an enormous boost from your trading partners from all over the globe. That’s why we’ve found an online platform that will help you to improve your performance within the field. In this review, 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. 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 Timothy Tim Sykes Ultimate Bundle
User Experience: 4.5/5
Profit.ly can be described as an online platform for trading that allows traders of different levels to be informative and accountable, as well as transparent and to build relationships with each other through its broad range of features and tools such as trade verification, chat rooms as well as an extensive library of educational material.
How do I define Profit.ly?
Profit.ly is a site for trading that serves both as a learning and training platform for people who are just beginning their journey and as a hub for experienced traders to track their performance with the help of sophisticated analytics tools. Providing users with a wide array of options for communication and trade and letting traders from every field of business connect with one another. It also allows gurus to make an opportunity to invest in the right areas of this platform. Imagine it as the social media equivalent to Facebook and Reddit, but for professionals and traders.
Profit.ly independently checks the performance of trades and then publishes the information of them in the manner of leaderboards. The platform for trading is built on trust and transparency. it guarantees that the transactions are legitimate and will not allow for fraud as much as it is possible. It was founded years ago by the penny expert in stock trading and investment guru Timothy Sykes, along with the other expert Michael Mosseri.
In an interview with Forbes magazine Sykes stated that Profit.ly was driven by its focus “on the transparency of the entire spectrum of trades, something which has never been done before.” The idea Sykes said served two purposes: 1) making public records for everyone, not just the experts and students and newsletter writers as well as) making it possible for everyone on the platform to gain insight into both the wins and losses for the trading industry’s benefit. Penny Stocks Timothy Tim Sykes Ultimate Bundle
How Does It Perform?
Profit.ly follows a subscription-based model which allows stock traders to gain access to a multitude of features and services aimed towards achieving achievement. It is possible to create an account for free, but you’re only limited to having access to the leaderboard and observe the activities of people who aren’t gurus. If you’re looking to invest your money in order to find out which stocks the gurus are trading in real-time You’ll need to sign up to one of Profit.ly’s deals that we’ll review in the coming days.
Setting up an account is simple: Create an account that includes your personal information and expertise, connect your brokerage account, and you have yourself an opportunity to make 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 their performance as a trading group and its experts. It’s not just a way to demonstrate value to a community of traders, but you can also utilize Profit.ly to shop from a guru with the assurance that you’re comfortable in their skills and the veracity of their claims.
If you are unsure about the idea of sharing your brokerage account, you can decide to share your trades, either verified or otherwise, through pictures. Included in Profit.ly are a variety of trading classes as well as the ability to look at stats in a trader’s profile as well as other ways to interact with your experts via chatrooms 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 has been famously known for his efforts in trades in penny stocks. According to Investopedia Penny stock refers to a small company’s stock that trades for just less than 5 cents per share. The trading of penny stocks could be viewed as an avenue for small businesses to transition to a market that is larger as it gives them access to funds from the public. But don’t make the mistake of thinking that it’s also an extremely risky activity, as Sykes can surely tell because of his decades of experience.
From his beginnings at the end of his time in High School, Tim Sykes has, since then, earned more than $6 million in profits throughout his illustrious career as a trader. When he was 25 years old, he had been given more exposure and a wider impact when he became part of the reality show “Wall Street Warriors.” He took advantage of it to develop trading rooms and penny stock themes and educational material aimed at people who are brand new to the trading field. He also helped to establish Profit.ly as a place for openness, and to allow the community to rise and compete on the platform.
The Profit.ly Gurus
One of Profit.ly’s amazing features is the variety of education resources, trade alerts, and other useful stuff offered by the platform’s in-house gurus. Gurus are referred to the experts in trading who have earned substantial amounts of money through their years of experience. Penny Stocks Timothy Tim Sykes Ultimate Bundle
At its peak, Profit.ly had housed up to five gurus, each of them a pro within their particular field in the trading industry. Some of the most famous gurus included Connor Bruggermann, Nathan Michaud of Investors Underground, and Triforce among others. At the time of 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 we’ll take a look at the packages each guru can offer.
From Tim Sykes: Tim’s Alerts
Sykes provides an essential stock trading service that focuses on penny-priced day trading with Tim’s Alerts. The cost is $74.95 per month, you’ll be able to see him focus on the basic stock catalysts and employ them to predict 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 and the mobile application that is available for iOS and Android devices; email, text and push alerts and a daily stock watchlist.
from Tim Sykes: The Pennystocking Silver Package
Pennystocking Silver is the highest-quality version that has been upgraded of the Tim’s Alerts package. It costs $149.95 for a month it is a great option for investors who are involved in penny stock trading. Pennystocking Silver offers all the essential features found in earlier plans including swing trading alerts and unlimited access to a library of more than 7,000 instructional videos and new videos released weekly.
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In “Superman” Paul Scolardi: Superman Alerts
Scolardi who goes 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. In the time since the time he started trading, Superman has amassed over $5.5 million in trading earnings. Penny Stocks Timothy Tim Sykes Ultimate Bundle
The Superman Alerts plan is his offering of essential features and trading alerts geared toward those who may be interested. For $147/month, you’ll get an access to the day-to-day premarket stock watchlist along with the mobile app, daily market updates in real time, and SMS and e-mail alerts.
From “Superman” Paul Scolardi: Superman Pro
For $247 per month, you can enjoy additional features, plus access to an extensive base of knowledge of information provided by Superman himself through his Superman Pro package. On top of the essentials that are included in the Alerts package, Superman Pro gives you weekly video lessonsthat include an ever-growing library of previous lessons. In addition you’ll also have an access to high-quality research papers as well as the IPO or earnings monitor.
Profit.ly plans and costs
If you’re ready to join the trading community on the internet and leave a mark in the field, Profit.ly has the right amount of tools to get you started. Profit.ly offers three membership tiers, each designed for traders at 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. As you sign up for this package you’ll be offered a range of strong and vital trading tools, all one of them essential in keeping your fingers on what can describe as a cutthroat process by itself.
The list of features you can do with Profit.ly’s Novice program is the ability to verify the results of your trades and track profit; leading, following and even texting your fellow traders, as well as providing feedback on trades today. You can also get on leaderboards; analyze the results of your analysis, sort, or filter the trades you make and, lastly, view other’s stats.
The Novice plan costs $29.95 per month. While it may look attractive simply because of the price, there is a downside. It isn’t possible to create a private profile, thus making your activities publicly available. If you’re interested in have access to this feature, be watching for us to introduce to you Profit.ly’s next plan.
The Trader package allows you to use a majority of features from The Novice package. It is in this plan that you can create an individual profile that allows you to share with other associate users all your knowledge and intel in the trading community.
The price is $49.95/month, Profit.ly’s Trader plan is exactly what it says: Cater to those who desire to improve their trading skills. As nice as it seems however, there’s a crucial aspect that’s not included. In contrast to the Novice package, you won’t be able view other traders’ stats, which might be a drawback for those anticipating this level. Penny Stocks Timothy Tim Sykes Ultimate Bundle
The Pro plan is the most luxurious package Profit.ly could offer for seasoned traders. With $74.95 each month which includes 22% off for billing annually This plan offers everything. You get full, no-holds-barred access to all the features from the two previous plans.
In addition, you’ll be able to look at other people’s statistics as well, you’re also offered the chance to create an individual 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 a plan that can serve you everything you need as a skilled trader, maybe the Pro level is ideal for you!
Profit.ly’s Other Services
In addition to the trainer tools and leadersboards Profit.ly offers a number of more services it has to provide. One of those is its online store, which lets users pick from a range of video products designed to inform and help you understand the nuances and pitfalls of trading. The products listed on this page of the site can be purchased immediately for personal use. Among these products include best-sellers like”Trading Tickers,” the “Trading Tickers” series by trading expert Tim Grittani, Timothy Sykes’s library of DVDs and streaming-only content about short stocking, penny stocking, and other aspects of trading. There are also clips and clips taken from the Annual Pennystocking Conference, and products from other expert traders.
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The integrated chat rooms are included in Profit.ly’s range of features and services. You may be familiar with the chat room since you will see it on social and messaging platforms as well as some specialty websites that offer live chat support. However, in Profit.ly it’s seen as a hands-on place where gurus and their members trade and learn in real time. Every guru has their own way when it comes to running their chat room and in dealing with the members there. Some may be laid back and not very often active, while another might be more active and in touch with their students. Think of chat rooms as Profit.ly’s version of the forum in its essence.
Who is the ideal trader to Profit.ly?
Profit.ly’s diverse range of products and features caters to a large variety of stock trader types, from novices to experienced professionals. With the variety of deals it offers it is certain to have something for everyone.
Newbies, for instance, can take advantage of Profit.ly’s collection of educational content offered throughout the platform. They will also be provided with videos every week and chat room advice from its in-house gurus as well as their members. Additionally, they can choose from the items in its online store for them to take wherever they travel. They can also gain hands-on experiences from trading within the platform, but eventually they’ll be able to realize that trading is a risky game that shouldn’t be treated as a joke.
For traders who have years of exposure down the road, we consider Profit.ly equally suited to the newcomers. Although the novices might not be as well-equipped with dealing with trading issues however, experienced traders know how it works along with the stack full of risks that come with it. In the ideal scenario, they can utilize Profit.ly’s variety of options to their maximum advantage to develop their skills in trading. Like beginners, they can learn from the top experts as well as experts, and take advantage of short tips and tricks along the way.
Profit.ly’s ‘all-together’ nature doesn’t just apply to newbies or semi-experienced trader. Certified experts can also take part in the enjoyment! Trade professionals who are at similar levels to Superman or Tim Sykes can also use the power of Profit.ly’s capabilities to showcase their expertise to other traders in order to assist them in the ever-changing trading process. Penny Stocks Timothy Tim Sykes Ultimate Bundle
Profit.ly’s Pros and Cons
- Profit.ly’s numerous capabilities as a “one-stop’ platform for trading stocks allows it to provide traders everywhere with an abundance of knowledge communications, trading, and communication tools
- You will be taught by experts and insights from its in-house gurus, including libraries of educational videos and live trading activity.
- You’re assured of transparency throughout Profit.ly by using accurate data as well as other traders ready to call you out if something occurs.
- The leaderboard feature of the platform offers you the opportunity to increase your reputation as a reliable and dependable trader
- Apart from its core capabilities, Profit.ly also gives its customers extra options that can be tailored to their individual preferences, for instance, posting unauthentic trades via screenshots
- Profit.ly’s diverse range of subscription levels and guru packages are priced at affordable rates There is truly something for all
- Profit.ly’s numerous products and packages offered might be too much for the majority of its users
- If traders decide to post any kind of trade, there is an opportunity that some them will profit by cherry-picking the best trades to increase the rating – this may be a problem that shouldn’t be ignored.
- Profit.ly will not allow refunds because its premium users will immediately benefit from the many services that the platform can offer
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The Final Concluding Question: Is Profit.ly Worth It?
If we were able to come up with an appropriate answer for this query, it would be an affirmative “yes”. But you need to understand that it shouldn’t be treated as a scheme to get rich quick. The platform wasn’t originally designed to be used to achieve this goal. Instead, you need to have an open mind. Penny Stocks Timothy Tim Sykes Ultimate Bundle
What we mean”yes” is it could be a useful learning tool. People who are stuck might be able to find Profit.ly’s variety of resources useful in their efforts to avoid loss and perform better than they did before. Not only struggling traders that will benefit from the platform. It is able to accommodate novices and even experts in the field!
If you truly desire to be more successful in trading and would like to learn from your fellows and gurus on the way, look no further – Profit.ly could be a good choice to start.
FAQ Penny Stocks Timothy Tim Sykes Ultimate Bundle
How do you use Profit.ly to make your trades public?
Profit.ly has a trade entry portion in 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 broker of choice and import the trades from that directly
- Manually entering your trades using specified spaces and information.
- Upload a screenshot of your trades
How do I know if the trade is verifiable or not?
If you import your trade through a reliable brokerage, there is the chance that it is verifiable. This is indicated with the blue check mark. If you submit it in a manual way or by taking images, it will be classified as unverified.
The disadvantage of an unverified trade is the possibility of receiving negative feedback from colleagues. If you receive too many negative votes, it could result in you appearing in the Madoff leaderboard, which is where the public can detect who’s being dishonest in posting trades.
Does the Profit.ly mobile app still available?
As of this writing, Profit.ly is still available to download via the App Store for Apple and in the Google Play store. The mobile app version is compatible with most operating tablets and smartphones.
How many people are connected to Profit.ly?
Profit.ly is currently home to over 150,000 investors and traders, as they not only are trying to maximize profits but also help each other develop and grow in their ability to take advantage of opportunities in the stock market left and right.