Stock trading can be a high-stakes game. On some days, you may be reaping the benefits of positive and satisfactory numbers. On other days it could be the reverse and it can be extremely difficult to get back to where you were at your best. If you are always in the mud You will need be aware that relying solely on pure instinct and preservation is not always enough.
If you’ve suffered losses from time to time You’ll need sound advice from tried-and-tested trading experts. You’re also gonna need a significant boost from your trading partners from all over the globe. That’s why we’ve identified an online platform that will help you in your growth in the market. In this review, we’ll be taking a look at Profit.ly A well-respected 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 Review Timothy Sykes Mmp Program
Value: 4.1/5
Quality: 4.1/5
Costs: 4.1/5
Users Experience 4.5/5
Summary
Profit.ly can be described as an online platform for trading that permits traders of various levels to be knowledgeable, transparent, accountable, and to build relationships with each other by offering a wide array of tools and features like chat rooms, trade verification and a rich library of educational content.
How do I define Profit.ly?
Profit.ly is a site for trading which serves as a learning and training platform for those new to trading as well as a place for experienced traders to track their performance with the help of cutting-edge analytics tools. Providing users with a wide variety of tools for trade and communication and letting traders from all walks of life network with one another. It offers gurus with worthy investments within the boundaries of this platform. Imagine it as the social media equivalent the likes of Facebook and Reddit, but for experts and traders.
Profit.ly independently validates trade performance and then publishes the information of them in the manner of leaderboards. The platform’s trading model is based on honesty and transparency: it ensures that the transactions are legitimate and will not allow for fraud as much as possible. It was created in the past by penny stock trade expert and investment guru Timothy Sykes, along with the other expert Michael Mosseri.
One time , during an interview for 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.” This idea was, he said, serving two purposes: 1) keeping track of public data for all traders, not just the gurus, but also the newsletter writers and students, and 2) giving everyone on the platform to learn from both losses and wins for the trading industry’s benefit. Review Timothy Sykes Mmp Program
How Does It Perform?
Profit.ly is a subscription-based platform which allows stock traders to have access to a range of tools and services that are geared towards achieving success. You can create an account at no cost, however you’re only limited to having the capability to browse the leaderboard and observe the actions of non-gurus. If you’re interested in investing your money to see what stocks the experts are trading in real time it is necessary to sign up to one of Profit.ly’s offers that we’ll review in the coming days.
Setting up an account is simple: Create a profile with your experiences and knowledge, then connect your brokerage account, and you’ll be given an opportunity to make through at the very top of the list. Profit.ly’s Leaderboard function, which was we’ve mentioned earlier, is designed to give its users a look at how the community of traders performs and its gurus. It’s not only a chance to demonstrate that you’re worthy to the group of traders, as you can also use Profit.ly to purchase with a guru, and have the assurance that you’re confident with their expertise and the legitimacy of their claims.
If you feel uneasy with the idea of divulging the details of your broker account you may opt to post your trades, whether verified or otherwise, through screenshots. In Profit.ly are a variety of trading classes, the ability to view stats in a trader’s profile and other methods to communicate with your gurus in the chatroom, as well as text and e-mail alerts and updates.
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Meet the Founder: Tim Sykes
Timothy Sykes is a well-renowned day trader who is famously known for delving his hands into the penny-stock market. According to Investopedia, a penny stock refers to a small company’s stock which trades at less than $5 per share. The penny stock market could be viewed as an opportunity for small-scale businesses to make the transition to a market that is larger as it allows them to access funds from the public. But don’t make the mistake of thinking that it’s also an extremely risky game, as Sykes is sure to reveal because of his decades of experience.
Beginning in the latter years of High School, Tim Sykes has, since then, made more than $6 million in profit throughout his illustrious career as a trader. When he was 25 years old Sykes was given greater exposure and an even wider influence over time when he was a part of the reality show “Wall Street Warriors.” Then, he used the opportunity to establish trading rooms and penny stock themes as well as educational content targeted at those who are just beginning to learn about the trading field. He also helped establish Profit.ly as a place of openness, and for the community to uplift and compete against each other through the platform.
The Profit.ly Gurus
One of Profit.ly’s sweet inclusions is the variety of learning tools, trade alerts and other helpful stuff provided by the in-house experts of the platform. The gurus in question refer to experts in the field of trading who have made significant amounts of profit from their collective years of expertise. Review Timothy Sykes Mmp Program
At its height, Profit.ly had housed up to five gurus. Each of them a professional in their field of expertise in the field of trading. Some of the most prominent experts included Connor Bruggermann, Nathan Michaud of Investors Underground, and Triforce among others. At the time of writing only two gurus remain on this platform: the founder and penny stock trader Tim Sykes and veteran smallcap swing trader Paul Scolardi, also known as Superman. With that taken into consideration Let’s look at what packaged deals each guru offers.
From Tim Sykes: Tim’s Alerts
Sykes provides an essential stock trading service with the main priority being penny-priced day trading with Tim’s Alerts. The cost is $74.95 per month, you’ll be able to observe him focus on fundamental catalysts for stocks and utilize them to predict the next moves that could occur when trading.
A single purchase of Tim’s Alerts will get you access to the chatroom and the mobile application that is available to iOS and Android devices, as well as 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 most premium version that has been upgraded of the Tim’s Alerts program. It costs $149.95 for a month it is an ideal plan for investors who are committed to penny stock trading. Pennystocking Silver includes all the basic 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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The following video is from “Superman” Paul Scolardi: Superman Alerts
Scolardi, who goes by the name “Superman,” is a swing trading professional with an eye for both small-cap monumental stocks and crazy-accurate marketing forecasts. Since when he first started trading, Superman has amassed over $5.5 million in trading profits. Review Timothy Sykes Mmp Program
The Superman Alerts package is his offer of the most essential 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 shown in real time, and email and SMS alerts.
From “Superman” Paul Scolardi: Superman Pro
At $247/month, you get additional features, as well as access to the extensive knowledge base that is provided by Superman himself via his Superman Pro package. On top of the essentials featured in the Alerts plan, Superman Pro gives you weekly video lessons, including a growing library of all other previous ones. In addition, you’ll also get access to premium research reports as well as an IPO as well as earnings tracking tool.
Profit.ly plans and costs
If you’re looking to join the world of online trading and leave your mark on the industry, Profit.ly has the right amount of resources to get you up and running. Profit.ly offers three membership tiers, each designed for traders at different levels. Let’s look at what the three tiers are and how much they will cost you.
Novice Plan
The package called Novice is Profit.ly’s entry-level plan designed especially for people who are brand new to the world of trading. Once you have signed to this plan, you will be immediately given a slew of robust and indispensable trading tools, each of which is essential to keep your hands on what we call a competitive process in and of itself.
Some of the features you can accomplish with Profit.ly’s Novice program is the capability to check trades and track profits as well as leading, following and even chatting with other traders; and providing feedback on trades today. You’re also allowed to get onto leaderboards; study your trades, sort as well as filter trades; and, lastly, view other’s stats.
The Novice plan costs $29.95 per month. While it may look attractive simply because of the price however, there’s a drawback. You aren’t able to create a personal profile, which makes your personal information public. If you’re looking to gain the benefit of this service, stay tuned as we introduce to you Profit.ly’s new plan.
Trader Plan
The Trader package allows you to use many of the features of the novice plan. In this plan, that you can create an account that is private to share with fellow associate users all the insights and intel in this trading group.
The price is $49.95/month, Profit.ly’s Trader plan does what the name suggests catering for those looking to harness their skills in trading. While it’s nice however, there’s a crucial aspect that’s not included. In contrast to the Novice package, you will not be able to view other traders’ stats that could be a problem for those who are anticipating this level. Review Timothy Sykes Mmp Program
Pro Plan
This is by far the highest premium package that Profit.ly could offer for seasoned traders. It costs $74.95 each month with a 22% discount for billing annually This plan offers it all. It gives you full, unlimited access to all the options of the previous plans.
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. These two features are plus the other benefits that you can use to their fullest capacity. If you’re in search of an option that gives you with everything you require as a skilled trader, maybe the Pro plan is for you!
Profit.ly’s Other Services
Apart from the trainer tools and leadersboards Profit.ly has a few other services they offer. One of those is its online store, which allows users to select from a variety of videos created to help you understand the ins and outs of trading. The products listed on this page of the site can be immediately purchased for personal use. Among these products include best-sellers like”Trading Tickers,” the “Trading Tickers” series from trading professional Tim Grittani, Timothy Sykes’s library of DVDs and streaming-only content related to short stocking, penny stocking, as well as all aspects of trading. There are also clips and scenes from The Annual Pennystocking Conference, and products from other expert traders.
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Chat rooms integrated into Profit.ly are also part of Profit.ly’s range of features and services. You are probably familiar with the concept of the chat room since you can find it throughout social and messaging platforms as well as some specialty websites that offer live chat support. But in Profit.ly, it is seen as a hands-on area where experts and members can interact and exchange knowledge in real-time. Every guru has their own style in operating their chat room and dealing with the members there. One of them may be more laid back and rarely active, while another may be more online and communicative with their students. Consider chat rooms as Profit.ly’s version of the forum in its essence.
Who is the Ideal trader to Profit.ly?
Profit.ly’s wide range of products and features cater to a large variety of stock trader types, from novices to experienced professionals. Given the wide range of options it has to offer, the platform surely has something for every person.
Newbies, for instance, can take advantage of Profit.ly’s library of learning information available on the platform. Not only will they be enriched with weekly videos and chat room advice by its internal gurus as well as their members. They’ll also be able pick from the merchandise available 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, however they’ll be able to realize that trading is a high stakes game that shouldn’t be treated as a joke.
For the traders with many years of experience down the road, we consider Profit.ly equally suited to the newcomers. While novice traders may not be as adept at dealing with trading issues, the pros already understand how it works and the stack full of risks that come with it. In the ideal scenario, they can make use of Profit.ly’s variety of options to their maximum advantage to develop their trading abilities. Like novices, they can learn from the top experts as well as experts, and take advantage of quick tips and tidbits throughout the process.
Profit.ly’s “all-in” approach doesn’t just apply to newbies or semi-experienced trader. Verified experts can also join in the fun! Trade professionals who are on an equal level with Superman and Tim Sykes can also use Profit.ly’s capabilities. Profit.ly’s abilities to show off their skill to others in order to navigate them through the ever-changing trading process. Review Timothy Sykes Mmp Program
Profit.ly’s Pros and Pros and
The Pros
- Profit.ly’s numerous capabilities as a “one-stop” platform for trading stocks allows traders from all over the world with an abundance of knowledge tools, communication, and trading tools
- You get to be taught by experts and advice from the company’s internal experts, which include collections of educational videos as well as real-time trading activities
- You’re assured of transparency throughout Profit.ly with precise analytics as well as fellow traders that are waiting to reach you out whenever something happens
- The platform’s leaderboard feature gives you a way to build your reputation as a reliable and verifiable trader
- Apart from its core abilities, Profit.ly also gives its customers extra options that can be tailored to their preferences, such as posting unauthentic trades via images
- Profit.ly’s wide array of packages and subscription levels are priced at reasonable prices – there truly is something for every person
The Cons
- Profit.ly’s bountiful stream of packages and products offered may seem overwhelming for a lot of its customers
- As traders may opt to open any kind of trade, there is a possibility that some of them could profit from cherry-picking the best trades to increase the rating – this may 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 features the platform is able to provide
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The Final Concluding Question: Is Profit.ly worth it?
If we could think of an appropriate answer for this query, it would be an affirmative “yes”. But it is important to realize that it shouldn’t be treated as a get-rich-quick scheme. The platform was not always designed to be used for this reason. Instead, it is best to keep curiosity. Review Timothy Sykes Mmp Program
What we do mean”yes” is that it could be a useful learning tool. For those who are struggling, they might be able to find Profit.ly’s range of resources useful as they do their best to incur lesser losses and be more successful than before. It’s not only the struggling traders that will profit from the platform. It is able to accommodate novices and even experts in the field!
So, if you genuinely care about being more successful in trading and would like to learn from your peers and experts throughout the process, then you should look no further than Profit.ly. Profit.ly may be a great option to begin.
FAQ Review Timothy Sykes Mmp Program
How can you make use of Profit.ly to post your trades?
Profit.ly has a trade entry portion in the My Trade section of the dashboard that lets you record your trades, either verified or not. You may choose between three choices:
- Linking your account to the brokerage of choice and then importing transactions directly through there
- Manually entering your trades using provided spaces and specifics
- Take a photo of your trades
How do I know if the trade is verifiable or not?
If you import your trade from a trusted brokerage, there’s the chance that it is verifiable. This is shown by the small blue check. If you submit it in a manual way or by taking screenshots, it will automatically be classified as unverified.
The drawback of posting an unauthenticated trade is the chance of receiving downvotes from colleagues. Too many downvotes may cause you to be listed on the Madoff leaderboard, where users can detect who’s being fraudulent in posting trades.
Are the Profit.ly mobile application still available?
At the time of writing, Profit.ly is still available to download from the Apple App Store as well as on the Google Play store. The mobile version of the app works with all functioning tablets and smartphones.
How many are using Profit.ly?
Profit.ly is currently home to over 150,000 investors and traders since they’re not just looking to earn maximum profits but also help each other grow and learn more about acquiring opportunities on the stock market left and right.
