Stock trading can be an extremely risky game. On some days, you might enjoy the benefits of pleasing and positive numbers. On other days, however, the opposite may happen, and it may sometimes be very difficult to return to where you were your peak. If you find yourself constantly stuck in the gutter, you will have to recognize that relying on instinct and survival is not always enough.
If you’ve been incurring losses from time to time and you’re likely to require reliable advice from tested and tried trading experts. Additionally, you’ll require an important boost from trading partners from all over the globe. That’s why we’ve discovered an online platform that will help you to improve your performance in the industry. We’ll take an in-depth look at Profit.ly, a well-recognized 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.
Overall Rating: 4.1/5 Pennystocking Silver Tim Sykes
The User’s 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 uplifting with one another through its wide array of tools and features including chat rooms, trade verification, and an enriched library of educational content.
How do I define Profit.ly?
Profit.ly is a site for trading which serves as a learning and education platform for those new to trading and also as a platform for experienced traders to track their performance using the aid of sophisticated analytics tools. Providing users with a wide array of options for trade and communication and letting traders from all walks of life network with one another. It also allows gurus to make worthwhile investments within the confines of this platform. Consider it an online social media platform similar like Facebook and Reddit, but for experts and traders.
Profit.ly independently verifies trade performances and then publishes the information from them in the style of leaderboards. The platform’s trading model is based on trust and transparency. it guarantees that the trades are authentic and won’t allow for fraud as much as possible. It was created in the past by penny stock trade expert and investment expert Timothy Sykes, along with the other expert Michael Mosseri.
One time , during an appearance in Forbes magazine, Sykes said that Profit.ly was based “on the transparency of all trades, something that was never prior to.” This idea Sykes said served two goals: 1.) making public records for all traders, not just the gurus and students and newsletter writers and secondly) making it possible for all users to gain insight into both losses and wins to benefit the industry of trading. Pennystocking Silver Tim Sykes
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 towards achieving the success of their business. You may set up an account there for free, but you’re limited to access to the leaderboard and follow the actions of non-gurus. If you’re ready to invest your money in order to find out what stocks the experts are trading in real-time You’ll need to subscribe to any of Profit.ly’s deals, which we will discuss in the near future.
Making an account easy: create a profile with your experiences and knowledge, then connect your brokerage account, and you’ll be given an opportunity to make your way up to at the very top of the list. Profit.ly’s leaderboard feature, as mentioned previously was designed to offer its users a glimpse of the performance of the trading community and its experts. It’s not only a chance to demonstrate that you’re worthy to the large group of traders, as you can also use Profit.ly to shop with a professional with the assurance that you’re comfortable in their skills and the credibility of their claims.
If you are unsure about the idea of sharing information about your account with a brokerage, you may opt to post your trades, verified or not, via pictures. In Profit.ly are a variety of courses in trading, the ability to view statistics on a person’s profile and other methods to connect with your gurus via chatrooms in addition to text and e-mail alerts and updates.
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Meet the Founder: Tim Sykes
Timothy Sykes is a well-renowned day trading guru who is famously known for his involvement in trades in penny stocks. According to Investopedia, a penny stock refers to a small company’s shares that trade for under $5 for each share. The trading of penny stocks could be viewed as an avenue for small businesses to transition to a large marketplace as it gives them access to capital from the public. However, don’t get it wrong – it’s also an extremely risky game, as Sykes will be able to tell you because of his decades of expertise.
From his beginnings in his late years in the high schools, Tim Sykes has, since then, made more than $6 million in earnings during his long and successful career as a trader. When he was 25 years old Tim Sykes had received greater exposure and a larger influence over time when he became part of the reality show “Wall Street Warriors.” He made use of the show to create trading rooms, penny stock themes, and educational material aimed at those who are just beginning to learn about the trading field. He also played a role in establishing Profit.ly as a place of transparency, and for the community to uplift and compete on the platform.
The Profit.ly Gurus
One of Profit.ly’s most appealing features is the vast array of learning tools, trade alerts as well as other useful information provided by the in-house experts of the platform. The gurus in question refer to the trading experts who have proven to make significant amounts of profit through their years of knowledge. Pennystocking Silver Tim Sykes
At its peak, Profit.ly had housed up to five gurus, all of them an expert in their field of expertise in the field of trading. Some of the prominent experts included Connor Bruggermann, Nathan Michaud of Investors Underground, and Triforce among others. At the time of writing there are only two gurus who remain on the platform: Founder and 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 what packaged deals each guru can offer.
From Tim Sykes Tim Sykes
Sykes offers an essential stock trading service with the main priority being penny-stock day trading via Tim’s Alerts. The cost is $74.95 monthly, you will 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 from Tim’s Alerts will get you access to the chatroom, as well as the mobile app that’s available to iOS as well as Android devices; texts, emails, and push alerts; and a daily stock watchlist.
Tim Sykes: From Tim Sykes: The Pennystocking Silver Package
Pennystocking Silver is the highest-quality, upgraded version of the Tim’s Alerts program. At $149.95 per month, this is the perfect plan for those who are involved in the penny-stock market. Pennystocking Silver offers all the essential features of earlier plans such as alerts for swing trading and access to an extensive library of more than 7,000 instructional videos and new videos released each week.
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The following video is from “Superman” Paul Scolardi: Superman Alerts
Scolardi who is known under the alias “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 trading profits. Pennystocking Silver Tim Sykes
The Superman Alerts package is his offering of essential features and alerts on trading geared to those interested. For $147 per month, you’ll gain access to the daily stock watchlist that is premarket along with the mobile application, daily market updates in real-time, as well as SMS and e-mail alerts.
From “Superman” Paul Scolardi: Superman Pro
At $247/month, you get additional features, as well as access to a knowledgeable base provided by Superman himself, via the Superman Pro package. On top of the essentials included in the Alerts plan, Superman Pro gives you weekly video lessons, including a growing library of all the previous ones. On top of that you’ll also have access to premium research reports as well as an IPO as well as earnings tracking tool.
Profit.ly plans and costs
If you’re eager to join the world of online trading and leave your mark on the market, Profit.ly has the right amount of resources to help you up and running. Profit.ly offers three membership levels that cater to traders of different levels. Let’s break down what these three are and how much they’ll cost you.
The package called Novice is Profit.ly’s beginning-of-the-line plan specifically for those who are new to the trading community. As you sign up for this package you’ll be provided with a variety of powerful and vital trading tools, each one of them essential in keeping your hands on what we could call a ruthless process by itself.
The list of features you can do with Profit.ly’s Novice package is the ability to verify trades and track profits and follow-up, leading and even texting other traders; and leaving feedback on today’s trades. It also allows you to be onto leaderboards; study the results of your analysis, sort, and filter your trades and, finally, see other people’s statistics.
The Novice plan is $29.95 per monthly payment. While it may look attractive just by the price however, there’s a drawback. You can’t create a private profile, which makes your actions public. If you’re interested in gain access to this feature, be watching for us to introduce to you Profit.ly’s next strategy.
The Trader package allows you to use many of the features of the Novice plan. This plan allows that you can create a private profile for sharing with fellow associates all your insights and intel in this trading group.
Costing $49.95/month, Profit.ly’s Trader plan will do what the name implies caters to those who desire to harness their trading skills. As nice as it seems but there’s one important aspect that’s not included. As opposed to the prior Novice package, this one won’t be able view the statistics of other traders this could be a problem for those eager to try this new tier. Pennystocking Silver Tim Sykes
The Professional plan can be described as the highest luxurious package Profit.ly offers to experienced traders. With $74.95 per month, and an additional 22% discount for billing annually This plan offers it all. You get full, no-holds-barred access to all the features from the two previous plans.
You’re not only able to see other users’ stats as well, you’re also offered the chance to create your own private profile. Both of these options, plus the other advantages you’ll be able to use to their fullest capacity. If you’re looking for an account that will give all the features you need to be trader with experience, the Pro plan is the right choice for you!
Profit.ly’s Other Services
Apart from the provided trainer tools and Leaderboards Profit.ly provides a variety of other services they provide. One of these is its online store, which lets users pick from a range of instructional videos that are created to help you understand the nuances and pitfalls of trading. All of the products featured on this page of the website is available to be bought immediately for your personal use. Some of these include bestsellers like”Trading Tickers,” the “Trading Tickers” series by trading expert Tim Grittani, Timothy Sykes’s collection of DVDs, streaming-only content on penny stocking, short stocking, and all other related to trading, videos and footage of events like 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 array of features and services. You may be familiar with chat rooms since you will see it on social and messaging platforms, as well as some specialty websites that offer live chat assistance. However, in Profit.ly it’s seen as a hands-on space where experts and their member traders can communicate and learn in real time. Every guru has their own way in operating their chat room and dealing with the listed members. One of them may be laid back and less active, while another may be more active and in touch with their students. Think of chat rooms as Profit.ly’s version of the forum, in the essence.
Who is the best Trader for Profit.ly?
Profit.ly’s variety of offerings and features caters to a large variety of stock traders, ranging from beginners to experienced pros. Considering the number of offers it can provide this platform definitely has something for every person.
Newbies, for instance, will appreciate Profit.ly’s knowledge-based content offered throughout the platform. They will also get daily videos and chat room advice by its internal gurus and their members. Additionally, they can choose from the items on its store online that they can take with them wherever they travel. They can also gain hands-on experience trading on the platform, but ultimately they’ll realize that this is a high-stakes game that shouldn’t be taken as an opportunity to make fun of.
For the traders with years of exposure down the line, we believe Profit.ly as equally as suitable to people who are just beginning. Although the novices might not be as adept at handling trading matters however, experienced traders know how it works and the plethora of risks that come with it. Ideally, they may utilize Profit.ly’s array of features to their best advantage to enhance their skills in trading. Like novices, they can learn from the experts and experts , and use those short tips and tricks throughout the process.
Profit.ly’s ‘all-together’ nature isn’t limited to novices or semi-experienced trader. Experts who have been verified can also participate in the fun! Trade professionals who are at similar levels to Superman or Tim Sykes can also use up Profit.ly’s capabilities to showcase their skills to others as a way to help guide them through the ever-illustrious trading process. Pennystocking Silver Tim Sykes
Profit.ly’s Pros and Cons
- Profit.ly’s diverse capabilities as a ‘one-stop’ platform for trading stocks allows it to provide traders everywhere with an abundance of knowledge tools, communication, and trading tools
- You will receive excellent training and advice from the company’s in-house gurus, including libraries of educational videos and real-time trading activities
- You’re assured of transparency throughout Profit.ly with accurate analytics as well as fellow traders that are waiting to reach you when something goes wrong.
- The leaderboard feature on the platform gives you a way to build your reputation as a reliable and dependable trader
- In addition to its primary features, Profit.ly also gives its users extra options to suit their needs, like posting unauthentic trades via images
- Profit.ly’s wide array of packages and subscription levels are priced at reasonable prices There is truly something for all
- Profit.ly’s bountiful stream of packages and products offered may not be enough for a lot of its customers
- If traders decide to make any type of trade, there’s the possibility that some of them could profit from cherry-picking the best trades to improve their ratings This could be a concern that should not be simply overlooked
- Profit.ly does not offer refunds, as the premium customers 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 worth it?
If we could think of the answer, it’s a ‘yes’. However, you must realize that this platform shouldn’t be viewed as a scheme to get rich quick. The platform was not always designed to be used for this reason. Instead, you should have an open mind. Pennystocking Silver Tim Sykes
What we mean by ‘yes’ is that it can be a great learning tool. Those who may be stuck might discover Profit.ly’s variety of resources to be helpful in their efforts to reduce losses and perform better than they did before. It’s not only the struggling traders that will benefit from the platform. It will be able to accommodate beginners as well as even experts!
If you really desire to be a better trader and want to learn from your mentors and peers on the way, you should look no further than Profit.ly. Profit.ly could be a good option to begin.
FAQ Pennystocking Silver Tim Sykes
How can you make use of Profit.ly to post your trades?
Profit.ly offers an entry section for trades within the “My Trade’ category of the dashboard that lets you record your trades, verifiable or not. There are three options:
- Connecting your account to your brokerage of choice and then importing transactions directly through there
- Manually inputting your trades with provided spaces and specifics
- Send a screen shot of your transactions
How can I tell 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 assigned as unverified.
The drawback of posting an unauthentic trade is the chance of receiving negative feedback from fellow peers. A large number of downvotes could cause you to show up at the top of the Madoff leaderboard, where people can see who’s dishonest in posting trades.
Does the Profit.ly mobile app still available?
At the time of writing, Profit.ly is still available for download on the App Store for Apple and the Google Play store. The mobile version of the app is compatible with most working smartphones and tablets.
How many people are currently connected to Profit.ly?
Profit.ly is currently home to over 150,000 traders and investors, as they not only are seeking to make the most profit but also assist each other to learn and improve in acquiring opportunities on the stock market both right and left.