Stock trading is an exciting game with high stakes. On some days, you might enjoy the benefits of positive and satisfactory numbers. However, on other days you may experience the opposite, and it may sometimes be extremely difficult to return to where you were at your most productive. If you’re always in the mud, you will have be aware that relying solely on your instincts and preserving is not always enough.
If you’ve suffered losses from time to time You’ll need solid advice from seasoned and tested trading experts. You’re also gonna need an enormous boost from your fellow traders from around the globe, which is why we’ve identified an option that can help you to improve your performance within the field. 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.
Overall Rating: 4.1/5 Sss Tim Sykes Profitly Value Of Tradwe
User Experience: 4.5/5
Profit.ly is an online trading platform that enables traders of all levels to be knowledgeable, transparent, accountable, and to build relationships with each other by offering a wide array of tools and features such as chat rooms, trade verification as well as an extensive library of educational content.
How do I define Profit.ly?
Profit.ly is a trading site that functions as a training and learning platform for people new to trading as well as a place for experienced traders to track their performance with the help of sophisticated analytics tools. Offering users a broad range of resources to facilitate trade and communication, it helps traders from all walks of life network with each other. It gives the gurus an opportunity to invest in the right areas of the platform. Consider it the social media equivalent like Facebook and Reddit however it is geared towards experts and traders.
Profit.ly independently validates trade performance and posts all the data of them in the manner of leaderboards. The platform for trading is built on honesty and transparency: it ensures that the trades are authentic and won’t accept fake news as long as is humanly possible. It was founded years ago by the penny stock trade expert and investment guru Timothy Sykes, along with his colleague Michael Mosseri.
One time during his appearance in Forbes publication, Sykes declared that Profit.ly was based “on showing the entire spectrum of trades, something which has never been previously done.” The idea Sykes said served two objectives: one) creating public track records for not just the gurus and students and newsletter writers as well as) giving everyone on the platform to learn from both losses and wins to the benefit of the trading industry. Sss Tim Sykes Profitly Value Of Tradwe
How Does It How Does It
Profit.ly is a subscription-based platform that allows stock traders to have access to a range of services and features geared toward success. You can create an account there for free, but you’re only limited to having the capability to browse the leaderboards and monitor the activities of people who aren’t gurus. If you’re interested in investing your money in order to find out what stocks the experts are trading in real-time You’ll need to join one of Profit.ly’s offerings, which we will review in the coming days.
Making an account easy: create an account that includes your personal information and knowledge, then connect to your brokerage account and you have yourself an opportunity to make through high on the leaderboard. Profit.ly’s leaderboard feature, as previously mentioned was designed to offer its users a glimpse of their performance as a trading group as well as its experts. It’s not just a way to prove that you’re worthy to the large group of traders. You are also able to use Profit.ly to buy from a guru with the confidence that you are confident in their skills and the veracity of their assertions.
If you’re not comfortable with the idea of sharing your brokerage account, you may choose to publish your trades, verified or not, by taking screenshots. Included 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 along with text and e-mail alerts and updates.
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Meet the Founder: Tim Sykes
Timothy Sykes is a well-renowned day trading personality who is well-known for his involvement in the penny-stock market. According to Investopedia, a penny stock refers to a small-sized company’s stock which trades at under $5 for each share. The trading of penny stocks can be seen as an avenue for small businesses to transition into a larger market because it allows them to access funds 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 the latter years of high school, Tim Sykes has, since then, earned an estimated $6 million profits during his long and successful career as a trader. At 25 years old Sykes was given more exposure and a wider impact when he became part of the reality show “Wall Street Warriors.” He then used the opportunity to create trading rooms, penny stock themes, and educational content geared toward those who are new to trading. He also helped establish Profit.ly as a platform for transparency, and for the community to lift each other up and compete against each other 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 in-house experts of the platform. Gurus are referred to experts in the field of trading who have earned substantial amounts of money from their collective years of expertise. Sss Tim Sykes Profitly Value Of Tradwe
At its peak, Profit.ly had housed up to five gurus, each of them a pro in their field of expertise in the field of trading. Some of the prominent experts were Connor Bruggermann, Nathan Michaud of Investors Underground, and Triforce among others. As of this writing, however, only two gurus remain on this platform: Founder as well as penny-stock trader Tim Sykes and veteran smallcap swing trader Paul Scolardi, also known as Superman. In light of that, let’s take a look at the packaged offers each guru offers.
From Tim Sykes Tim Sykes: Tim’s Alerts
Sykes provides a basic stock trading service that focuses on penny-stock day trading via Tim’s Alerts. The cost is $74.95 for a month you will observe him focus on fundamental stock catalysts and use them to forecast the next possible moves in making trades.
A purchase on its own in Tim’s Alerts will get you access to the chatroom and the mobile app available to iOS and Android devices, as well as texts, emails, 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 package. At $149.95 monthly, this is a great option for those who are invested in the penny-stock market. Pennystocking Silver comes with all the standard features found in earlier plans which includes swing trading alerts as well as unlimited access to a library of over 7,000 educational videos and new videos released every week.
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From “Superman” Paul Scolardi: Superman Alerts
Scolardi who is known under the alias “Superman,” is a professional in swing trading with an eye for massive stocks of the small-cap size and insanely accurate marketing forecasts. Since the time he started trading, Superman has amassed over $5.5 million in total trading profits. Sss Tim Sykes Profitly Value Of Tradwe
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 as well as the mobile app, daily market updates in real-time, and SMS and e-mail alerts.
From “Superman” Paul Scolardi: Superman Pro
At $247/month, you get additional features and access to the extensive knowledge base of information provided by Superman himself through his Superman Pro package. In addition to the basic features included in the Alerts package, Superman Pro gives you weekly video lessons, including the growing collection of other previous ones. Additionally you’ll also gain the ability to access premium reports on research and an IPO and earnings tracker.
Profit.ly Programs and Costs
If you’re eager 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 going. The platform offers three membership levels that cater to traders with different levels. Let’s break down what these three tiers are and how much they will cost you.
The Novice package is Profit.ly’s entry-level plan designed especially for people who are brand new to the world of trading. When you sign up for this package, you will be immediately offered a range of strong and vital 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 do using Profit.ly’s Novice package is the ability to verify trades and track profits as well as leading, following and even chatting with other traders; and giving feedback on the trades of today. It also allows you to be onto leaderboards; study, sort, and filter your trades; and lastly, look at other’s stats.
The Novice plan costs $29.95 per monthly payment. While it may look attractive just by 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 an account with this option, you should stay tuned as we introduce to you Profit.ly’s next strategy.
The Trader Plan
The Trader package allows you to use many of the features of The Novice package. It is in this plan that you can set up an individual profile that allows you to share with fellow associate users all your knowledge and information you have gained from trader’s community.
Costing $49.95/month, Profit.ly’s Trader plan will do what the name implies catering people who want 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, this one won’t be able view the statistics of other traders this could be a problem for those who are eager to try this new tier. Sss Tim Sykes Profitly Value Of Tradwe
The Professional plan can be described as the highest luxurious package Profit.ly can offer to experienced traders. At $74.95 monthly, and 22% off for annual billing, this tier has it all. You get full, no-holds-barred access to all options of the previous plans.
In addition, you’ll be able to look at other people’s statistics, but you’re also given the opportunity to create an individual profile. Both of these options, plus the other advantages that you can utilize to the fullest potential. If you’re in search of an option that gives all the features you need to be trader with experience, the Pro level is for you!
Profit.ly’s Other Services
Apart from the trainer tools and leaderboards, Profit.ly offers a number of other services they provide. One of those is its online store, which lets users pick from a range of instructional videos that are designed to inform and guide you through the nuances and pitfalls of trading. All of the products featured on this page of the website is available to be immediately purchased for personal use. Among these products include best-sellers such as the “Trading Tickers” series by trader professional Tim Grittani, Timothy Sykes’s collection of DVDs, streaming-only content on short stocking, penny stocking, and other related to trading, videos and scenes from the Annual Pennystocking Conference, and other products by expert traders.
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The integrated chat rooms are included in Profit.ly’s range of services and features. You may be familiar with the concept of the chat room since you can see it across social and messaging platforms in addition to a few special websites that offer live chat support. However, in Profit.ly the chat room is viewed as a real-time place where gurus and their members can interact and exchange knowledge in real-time. Each guru has their style when it comes to running their chat room and dealing with the listed members there. Some may be more laid back and rarely active, while another may be more active and in touch in their interactions with students. Consider chat rooms like Profit.ly’s version of the forum in essence.
Who is the Ideal trader to Profit.ly?
Profit.ly’s variety of offerings and features caters to the wide range of stock traders, from beginners to experienced pros. With the variety of deals it can provide, the platform surely has something for all.
For instance, newbies can take advantage of Profit.ly’s collection of educational content offered throughout the platform. Not only will they be enriched with weekly videos and chat room advice by its internal gurus and their members. Additionally, they can select from the products in its online store that they can take with them wherever they may go. Additionally, they can gain practical experiences by trading through the platform, but ultimately, they will soon learn that this is a high stakes game that shouldn’t be taken as a joke.
For those traders who have had many years of experience down the line, we see Profit.ly as equally as suitable for them as it is for those who are just starting. 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. In the ideal scenario, they can utilize Profit.ly’s range of options to their maximum advantage to improve their trading skills. Like novices, they can learn from the experts and experts and utilize those quick tips and tidbits to help them along.
Profit.ly’s “all-inclusive” nature isn’t limited to novices and semi-experienced traders. Verified experts can also join in the excitement! People in the trade industry who are on the same level as Superman or Tim Sykes can also use Profit.ly’s capabilities. Profit.ly’s abilities to show off their skills to others as a way to help navigate them through the ever-changing trading process. Sss Tim Sykes Profitly Value Of Tradwe
Profit.ly’s Pros and Pros and
- Profit.ly’s numerous capabilities as a “one-stop’ stock trading platform allows traders from all over the world with a wealth of education, communication, and trading tools
- You’ll be provided with excellent lessons and tips from the inside experts, as well as video libraries that teach you how to learn and real-time trading activities
- You’re assured of transparency throughout Profit.ly with precise analytics and fellow traders who are ready to reach you out whenever something happens
- The leaderboard feature on the platform gives you the chance to establish your reputation as a reliable and verifiable trader
- In addition to its primary capabilities, Profit.ly also gives its users extra options to suit their preferences, such as posting unverifiable trades through images
- Profit.ly’s variety of subscription plans and guru packages are priced at reasonable prices There is truly something for all
- Profit.ly’s bountiful stream of packages and products offered may be too much for the majority of its users
- If traders decide to make any type of trade, there’s an opportunity that some them could profit from picking the most profitable trades to increase the rating this could be a concern that should not be simply overlooked
- Profit.ly will not allow refunds as the premium customers will immediately benefit from the number of features the platform is able to provide
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The Final Verdict is: Is Profit.ly worth it?
If we could come up with an answer to this question, it’s an affirmative “yes”. But you need to understand that it shouldn’t be treated as a quick-fix scheme to make money. The platform wasn’t originally meant to be designed in this way. Instead, it is best to keep curiosity. Sss Tim Sykes Profitly Value Of Tradwe
What we do mean”yes” is that it can be a great learning tool. For those who are struggling, they may be able to find Profit.ly’s range of resources helpful when they try their best to reduce losses and perform better than before. It’s not only the poor traders that can benefit from the platform. It is able to accommodate novices and even experts in the field!
If you truly want to become better at trading and wish to be taught by your fellows and gurus on the way, look no further – Profit.ly is a fantastic option to begin.
FAQ Sss Tim Sykes Profitly Value Of Tradwe
What are the best ways to use Profit.ly to make your trades public?
Profit.ly has the option of allowing trade entries within the “My Trade’ category of the dashboard which lets you record your trades, verifiable or otherwise. You may choose between three options:
- Connecting your account to your brokerage of choice and importing the trades from that directly
- Manually entering your trades into provided spaces and specifics
- Take a photo of your transactions
How can I tell if the trade is verifiable or not?
If you purchase your trade from a reputable brokerage, there’s a high likelihood that it can be verified. This is shown by the small blue check. If you post it manually or through pictures, it will be classified as unverified.
The disadvantage of an unverified trade is the possibility of receiving downvotes from fellow peers. If you receive too many negative votes, it could cause you to be listed in the Madoff leaderboard, where people can detect who’s being untruthful in submitting trades.
Is the Profit.ly mobile app still available?
At the time of writing, Profit.ly is still available to download from the App Store for Apple and in the Google Play store. The mobile app version is compatible with the majority of functioning tablets and smartphones.
How many are on Profit.ly?
Profit.ly currently houses more than 150,000 investors and traders, since they’re not just seeking to make the most profit but also to help one another grow and learn more about acquiring opportunities on the stock market left and right.