Stock trading is a high-stakes game. Some days, you could have the benefit of pleasing and positive numbers. On other days, the opposite may happen and it could be very difficult to get back to the point you were at your best. If you find yourself always in the mud it is important be aware that relying solely on your instincts and preserving might not be enough.
If you’ve experienced occasional losses You’ll need sound advice from tried-and-tested trading experts. Additionally, you’ll require a significant boost from your trading partners from all over the world, which is why we’ve discovered an option that can help you in your improvement in the market. In this review, we’ll take the time to look at Profit.ly is a well-known 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 Profitly Cuba Trade Tim Sykes
The User’s Experience 4.5/5
Profit.ly is an online trading platform that allows traders of various levels to be informed responsible, transparent, and to build relationships with each other by offering a wide array of tools and features including trade verification, chat rooms as well as an extensive library of educational content.
What exactly is Profit.ly?
Profit.ly is a trading site that functions as a learning and education platform for traders who are just beginning their journey as well as a place for traders who are experienced to monitor their performance using the aid of cutting-edge analytics tools. Providing users with a wide range of resources for communication and trade, it helps traders from every field of business connect with each other. It offers gurus with an opportunity to invest in the right areas that the site. Think of it as an online social media platform similar like Facebook and Reddit but with a focus on traders and experts.
Profit.ly independently validates trade performance and posts all the data from them in the form of leaderboards. The platform for trading is built on honesty and transparency: it guarantees that the transactions are legitimate and will not accept fake news as long as possible. It was created many years ago by penny stock trade expert and investment guru Timothy Sykes, along with the other expert Michael Mosseri.
In an interview with Forbes magazine Sykes declared that Profit.ly was motivated by its focus “on showing all trades, something that has never been done before.” The idea Sykes said served two goals: 1.) making public records for not just the gurus and newsletter writers and students, and 2) allowing all users to be enlightened by both losses and wins to the benefit of the trading industry. Profitly Cuba Trade Tim Sykes
How Does It Work?
Profit.ly utilizes a subscription model which allows stock traders to benefit from a variety of features and services aimed towards achieving the success of their business. You can create an account there for free, but you’re limited to access to the leaderboard and observe the activities of people who aren’t gurus. If you’re interested in investing your money to see what stocks the experts are trading in real time, you will need to sign up to one of Profit.ly’s deals that we’ll discuss in the near future.
Setting up an account is simple: Create a profile with your experiences and skills, join to your brokerage account and you’ll have the chance to climb your way to at the very top of the list. Profit.ly’s Leaderboard function, which was mentioned previously, is designed to give its users a look at the performance of the trading community as well as its experts. It’s not only a chance to demonstrate that you’re worthy to the group of traders, as you are also able to use Profit.ly to purchase with a guru, and have the assurance that you’re confident of their knowledge and the credibility of their assertions.
If you feel uneasy with the concept of leaking information about your account with a brokerage, you can choose to publish your trades, verified or otherwise, through photographs. Also included in Profit.ly is the huge selection of courses in trading as well as the ability to look at stats in a trader’s profile as well as other ways to connect with your gurus in the chatroom, in addition to 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 guru who has been famously known for his involvement in the penny-stock market. According to Investopedia Penny stock is a small business’s shares that trade for under $5 for each share. Penny stock trading could be viewed as a stepping stone for small businesses to transition into a larger market because they can access capital from the general public. But don’t make the mistake of thinking that it can also be an extremely risky game, as Sykes will be able to tell you thanks to his years of experience.
From his beginnings at the end of his time in high school, Tim Sykes has, since then, made more than $6 million in profits throughout his illustrious career as trader. At the age of 25, he had been given greater exposure and a larger reach of influence when he became part of the reality series “Wall Street Warriors.” He then took advantage of it to establish trading rooms, penny stock themes, as well as educational content targeted at those who are just beginning to learn about the trading field. He also played a role in establishing Profit.ly as a place 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 wide range of educational sources, trade alerts and other useful stuff offered by the in-house experts of the platform. Gurus are referred to the experts in trading who have made significant amounts of profit from their combined years of expertise. Profitly Cuba Trade Tim Sykes
At its peak, Profit.ly had housed up to five gurus, each of them a pro in their niche in the field of trading. Some of the most prominent experts were Connor Bruggermann, Nathan Michaud of Investors Underground, and Triforce, among a few others. As of this writing, however, only two gurus remain on this 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 has to offer.
From Tim Sykes Tim Sykes
Sykes offers a basic stock trading service with the main priority being penny-priced day trading with Tim’s Alerts. At $74.95 for a month you will observe him focus on fundamental stock catalysts and use them to forecast the next possible moves in trading.
A single purchase in Tim’s Alerts will get you access to the chatroom, as well as the mobile app available for iOS and Android devices, email, text and push alerts as well as a daily watchlist of stocks.
from Tim Sykes: The Pennystocking Silver Package
Pennystocking Silver is the most premium version, with an upgraded version of Tim’s Alerts package. It costs $149.95 for a month this is a great option for those who are more invested in penny stock trading. Pennystocking Silver comes with all the standard features found in prior plans, including alerts for swing trading and access to an extensive collection of more than 7,000 educational videos and new videos released each week.
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From “Superman” Paul Scolardi: Superman Alerts
Scolardi who goes under the alias “Superman,” is a trader who has an eye for tiny-cap massive stocks as well as wildly accurate marketing forecasts. Since he began as a trader, Superman has amassed over $5.5 million in trading profits. Profitly Cuba Trade Tim Sykes
The Superman Alerts plan is his package of vital features and trading alerts geared towards those who might be interested. For $147/month, you’ll get access to the daily premarket stock watchlist and the mobile application, daily market commentary shown in real time, and SMS and e-mail alerts.
The film “Superman” Paul Scolardi: Superman Pro
At $247/month, you get additional features and access to the extensive knowledge base that is provided by Superman himself, via his Superman Pro package. In addition to the basic features that are included in the Alerts package, Superman Pro gives you weekly video lessonsthat include a growing library of all previous lessons. In addition you’ll also gain an access to high-quality research papers as well as an IPO as well as earnings tracking tool.
Profit.ly Plans and Costs
If you’re looking to join the online trading community and make a mark on the market, Profit.ly has the right amount of tools to get you up and running. Profit.ly offers three membership tiers that cater to traders with different levels. Let’s take a look at what these three tiers are and how much they will cost you.
The package called Novice is Profit.ly’s beginning-of-the-line plan specifically for those who are just beginning their journey to the trading community. As you sign to this plan, you will be immediately offered a range of strong and vital trading tools, all of which is essential to keep your fingers on what we can describe as a cutthroat process in and of itself.
The list of features you can accomplish with Profit.ly’s Novice package is the ability to verify trades and track profits; leading, following, and even messaging your fellow traders; and giving feedback on the trades of today. You’re also allowed to get on leaderboards, analyze, sort, and filter your trades and lastly, look at other’s stats.
The Novice plan will cost $29.95 per monthly payment. Although it might look appealing simply because of the price but there’s a disadvantage. You can’t create a private account, making your personal information public. If you’re interested in gain the benefit of this service, be watching for us to introduce to you Profit.ly’s next strategy.
The Trader package lets users to benefit from the majority of features available in The Novice package. It is in this plan that you can set up an account that is private to share with other associate users all your knowledge and information you have gained from the trading community.
Priced at $49.95/month, Profit.ly’s Trader plan does what the name suggests catering for those looking to improve their skills in trading. Although it’s a nice thing but there’s one important aspect that’s not included. In contrast to the Novice package, this one won’t be able to see other traders’ stats this might be a drawback for those who are eager to try this new tier. Profitly Cuba Trade Tim Sykes
This is by far the highest luxurious package Profit.ly offers to experienced traders. At $74.95 monthly, which includes 22% off when billed annually, this tier has everything. You will have full, unrestricted access to all options of the previous plans.
Not only do you get to look at other people’s statistics as well, you’re also offered the opportunity to create a private profile. Both of these options, plus the other advantages that you can utilize to the maximum extent. If you’re looking for a plan that can serve all the features you need to be trader with experience, the Pro plan is ideal for you!
Profit.ly’s Other Services
In addition to the tools for training and leaderboards, Profit.ly provides a variety of additional services that it can provide. One of these is its online store, which allows users to choose from a wide array of video products that are designed to educate and guide you through the ins and outs of trading. All of the products featured on this page of the website is available to be immediately purchased for personal use. These include best-selling products such as”Trading Tickers, “Trading Tickers” series by trading specialist Tim Grittani, Timothy Sykes’s collection of DVDs, streaming-only content related to short stocking, penny stocking, and other related to trading, videos and footage of events like the Annual Pennystocking Conference, and products from other expert traders.
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The chat rooms that are integrated are also part of Profit.ly’s array of features and services. You may be familiar with the concept of the chat room as you will see it on social and messaging platforms, and also on a few specialty 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 share knowledge in real-time. Every guru has their own way in running their chat rooms and dealing with the listed members. Some may be a laid-back person who is less engaged, while another could be more online and communicative to their pupils. Think of the chat rooms like Profit.ly’s version of the forum in its essence.
Who is the best Trader for Profit.ly?
Profit.ly’s wide range of products and features cater to an array of stock traders, from novices to the most experienced. Given the wide range of options it can provide, the platform surely has something for every person.
Beginners, for instance, will enjoy Profit.ly’s library of learning content offered throughout the platform. In addition, they will be provided with videos every week and chat room tips from the in-house experts and their members. They’ll also be able pick from the merchandise available on its store online to carry with them wherever they may go. They can also gain hands-on experience trading on the platform, but eventually, they will soon learn that the process is a high-stakes game that shouldn’t be treated as a joke.
For those traders who have had years of exposure down the line, we see Profit.ly equally suitable for them as it is for people who are just beginning. While novice traders may not be as adept at handling trading matters but the experts already know how it works along with the plethora of risks associated with it. Ideally, they may utilize Profit.ly’s range of features to their full advantage to develop their trading abilities. Like beginners, they can learn from the experts as well as experts, and take advantage of quick tips and tidbits to help them along.
Profit.ly’s ‘all-together’ nature does not only apply to beginners and semi-experienced traders. Certified experts can also take part in the excitement! Those in the trading industry who are on the same level as Superman or Tim Sykes can also use the power of Profit.ly’s capabilities to display their skill to others in order to navigate them through the ever-changing trading process. Profitly Cuba Trade Tim Sykes
Profit.ly’s Pros and Pros and
- Profit.ly’s numerous capabilities as a ‘one-stop’ stock trading platform enable it to provide traders everywhere with a wealth of education tools, communication, and trading tools
- You get to be taught by experts and insights from its inside experts, as well as video libraries that teach you how to learn and real-time trading activities
- You can be sure of complete transparency through Profit.ly with accurate analytics as well as other traders who are ready to reach you out if something occurs.
- The platform’s leaderboard feature gives you the opportunity to increase your reputation as a reliable and verifiable trader
- Apart from its core features, Profit.ly also gives its users extra options to suit their individual preferences, for instance, posting unverifiable trades through screenshots
- Profit.ly’s wide array of packages and subscription levels are priced at affordable rates There is truly something for all
- Profit.ly’s abundance of packages and products offered may be too much for most of its customers
- Since traders can choose to make any type of trade, there is an opportunity that some them could profit from picking the most profitable trades to boost their rating this could be a concern that should not be simply overlooked
- Profit.ly does not offer refunds as its premium users are expected to instantly take advantage of the numerous services the platform has to provide
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The Final Concluding Question: Is Profit.ly Worth It?
If we were able to come up with the answer, it would be yes. But it is important to realize that the platform should not be used as a get-rich-quick scheme. The platform wasn’t originally meant to be designed to achieve this goal. Instead, you should have curiosity. Profitly Cuba Trade Tim Sykes
What we are referring to”yes” is it can be a great learning tool. For those who are struggling, they might find Profit.ly’s array of resources to be helpful in their efforts to incur lesser loss and perform better than before. It’s not just the struggling traders that will benefit from the platform. It can accommodate beginners and even experts!
If you really desire to be better at trading and wish to learn from your fellows and gurus on the way, take a look at Profit.ly. Profit.ly could be a good option to begin.
FAQ Profitly Cuba Trade Tim Sykes
How do you use Profit.ly to post your trades?
Profit.ly has the option of allowing trade entries within the “My Trade’ category of the dashboard that lets you record your trades, verifiable or otherwise. There are three choices:
- Linking your account with your brokerage of choice and then importing trades directly from there
- Manually inputting your trades with provided spaces and specifics
- Send a screen shot of your trades
How do I know whether the trade can be verified or not?
If you buy your trade from a trusted brokerage, there’s an excellent probability that it’s verifiable. This is indicated with the blue check mark. If you post the information manually or via pictures, it will be assigned as unverified.
The disadvantage of an unverified trade is the possibility of receiving downvotes from friends and colleagues. If you receive too many negative votes, it could cause you to be listed on the Madoff leaderboard, where people can detect who’s being fraudulent in posting trades.
Are the Profit.ly mobile application still available?
As of the moment, Profit.ly is still available to download from the App Store for Apple and in the Google Play store. The mobile version of the app is compatible with most operating tablets and smartphones.
How many people are currently using Profit.ly?
Profit.ly is currently home to over 150,000 traders and investors, as they not only are looking to earn maximum profits but also assist each other to learn and improve in acquiring stock market opportunities left and right.