The stock market can be a high-stakes game. On certain days, you could have the benefit of pleasing and positive numbers. However, on other days it could be the reverse, and it may sometimes be very difficult to get back to where you were your best. If you’re immersed in the water, you will have to realize that relying on instinct and survival is not always enough.
If you’ve suffered loss from time to time and you’re likely to require reliable advice from tested and tried trading experts. Also, you’ll need a significant boost from your colleagues in the market from all over the globe. That’s why we’ve found an option that can help you in your growth within the field. We’ll be taking an in-depth look at Profit.ly A well-respected all-in-one 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.
Overall Rating: 4.1/5 Stock Market Crash Tim Sykes
User Experience: 4.5/5
Profit.ly can be described as an online platform for trading that allows traders of different levels to be informed, transparent, accountable, and encouraging each other by offering a wide array of tools and features including chat rooms, trade verification and a rich library of educational content.
What is Profit.ly?
Profit.ly is a trading website which serves as a training and learning platform for those who are starting out as well as a place for experienced traders to track their performance through the use of cutting-edge analytics tools. Offering users a broad range of resources to facilitate trade and communication and letting traders from every field of business connect with one another. It offers gurus with worthwhile investments within the confines of this platform. Imagine it as an online social media platform similar 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 trading platform is built on trust and transparency. it guarantees that the trades are authentic and won’t accept fake news as long as it is possible. It was created in the past by penny stock trade expert and investment expert Timothy Sykes, along with fellow expert Michael Mosseri.
One time during his interview for Forbes magazine, Sykes said that Profit.ly was driven by its focus “on showing the entire spectrum of trades, something which was never prior to.” This idea was, he said, serving two goals: 1.) keeping track of public data for all traders, not just the gurus and newsletter writers and students, and 2) allowing all users to learn from both losses and wins to the benefit of the trading industry. Stock Market Crash Tim Sykes
How Does It Perform?
Profit.ly utilizes a subscription model that lets stock traders have access to a range of services and features geared towards achieving success. You may set up an account there at no cost, however you’re only given access to the leaderboard and observe the actions of non-gurus. If you’re looking to invest your money and see which stocks the gurus are trading in real time it is necessary to join one of Profit.ly’s deals that we’ll review in the coming days.
Making an account simple: Create an account that includes your personal information and knowledge, then 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 Leaderboard function, which was previously mentioned, is designed to give its users an insight into the performance of the trading community and its gurus. It’s not just a way to demonstrate your worth to a community of traders, as you can also utilize Profit.ly to shop from a guru with the assurance that you’re comfortable with their expertise and the veracity of their assertions.
If you’re not comfortable with the concept of leaking information about your account with a brokerage, you may choose to publish your trades, either verified or otherwise, through screenshots. Also included in Profit.ly are the vast number of courses in trading and the capability to see the stats of a trader’s account, and more ways to interact with your experts in the chatroom, as well as notifications via email or text as well as updates.
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Meet the Founder: Tim Sykes
Timothy Sykes is a well-renowned day trading personality who has been famously known for his efforts in trades in penny stocks. According to Investopedia the term “penny stock” refers to a small company’s stock that trades for just less than 5 cents per share. The trading of penny stocks is an opportunity for small companies to move to a large marketplace as they can access capital from the public. However, don’t get it wrong – it’s also an extremely risky activity, as Sykes will be able to tell you because of his decades of expertise.
Beginning at the end of his time in High School, Tim Sykes has, since then, earned more than $6 million in earnings throughout his illustrious career as trading professional. At the age of 25 Sykes was given greater exposure and an even wider reach of influence as a participant in the reality show “Wall Street Warriors.” He then took advantage of it 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 place for openness, and for the community to lift each other up and compete with each other on the platform.
The Profit.ly Gurus
One of Profit.ly’s amazing features is the wide range of education tools, trade alerts and other helpful stuff provided by the company’s internal gurus. Gurus are referred to experts in the field of trading who have made substantial amounts of money through their years of expertise. Stock Market Crash Tim Sykes
At its height, Profit.ly had housed up to five gurus, each of them an expert in their field of expertise within the world of trading. Some of the prominent gurus included Connor Bruggermann, Nathan Michaud of Investors Underground, and Triforce as well as a handful of others. At the time of writing, there are only two gurus who remain on this platform: the founder as well as 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 the packages each guru has to offer.
From Tim Sykes Tim Sykes: Tim’s Alerts
Sykes provides basic stock trading services that focuses on penny-stock day trading via Tim’s Alerts. The cost is $74.95 for a month you’ll be able to be able to see him concentrate on the fundamental catalysts for stocks and utilize them to predict the next move that is possible when making trades.
A single purchase from Tim’s Alerts will get you access to the chatroom, as well as the mobile app that’s available on iOS and Android devices; text, e-mail and push alerts; as well as a daily watchlist of stocks.
from Tim Sykes: The Pennystocking Silver Package
Pennystocking Silver is the most premium, upgraded version of the Tim’s Alerts program. Priced at $149.95 monthly, this is an ideal plan for those who are more involved in penny stock trading. Pennystocking Silver offers all the essential features of prior plans, including swing trading alerts and unlimited access to a library of more than 7,000 instructional videos and new videos released every week.
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From “Superman” Paul Scolardi: Superman Alerts
Scolardi, who goes by the alias “Superman,” is a swing trading professional with an eye for small-cap monumental stocks and crazy-accurate marketing forecasts. Through the years since he began as a trader, Superman has amassed over $5.5 million in total trading earnings. Stock Market Crash Tim Sykes
The Superman Alerts plan is an offer of the most essential features and alerts on trading geared to those interested. For $147 per month, you’ll gain access daily stock watchlist that is premarket and the mobile app, daily market updates in real-time, as well as E-mail and SMS alerts.
The film “Superman” Paul Scolardi: Superman Pro
At $247/month, you get additional features and access to a knowledgeable base of information provided by Superman himself via his Superman Pro package. In addition to the basic features included in the Alerts plan, Superman Pro gives you weekly video lessonsthat include an ever-growing library of previous lessons. On top of that you’ll also have an access to high-quality research papers as well as the IPO or earnings monitor.
Profit.ly Programs and Costs
If you’re eager to join the trading community on the internet and make a 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 look at what the 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 world of trading. When you sign to this plan, you will be immediately provided with a variety of powerful and vital trading tools, all one of them essential in keeping your fingers on what we can describe as a cutthroat procedure in its own.
The list of features you can accomplish using Profit.ly’s Novice package include the ability to verify the results of your trades and track profit and follow-up, leading and even texting your fellow traders; and leaving feedback on today’s trades. It also allows you to be on leaderboards, analyze, sort, or filter the trades you make; and, finally, see other people’s statistics.
The Novice plan is $29.95 per monthly payment. Although it looks 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 looking to get an account with this option, keep an eye on us as we present to you Profit.ly’s next strategy.
The Trader package lets you to take advantage of many of the features of the novice plan. It is in this plan that you can create a private profile to share with other associate users all your knowledge and information you have gained from this trading group.
The price is $49.95/month, Profit.ly’s Trader plan does what the name suggests catering to those who desire to develop their skills in trading. As nice as it seems, there is one significant aspect that’s not included. Unlike the previous Novice package, this one won’t be able to see the statistics of other traders this could be a disadvantage for some who may be eager to try this new tier. Stock Market Crash Tim Sykes
This is by far the highest expensive plan Profit.ly can offer to experienced traders. With $74.95 monthly, with 22% off when billed annually, this tier has everything. You get full, no-holds-barred access to all features of the previous plans combined.
In addition, you’ll be able to view other people’s stats as well, you’re also offered the chance to create an individual profile. Both of these options, on top of all the advantages that you can utilize to the fullest potential. If you’re in search of a plan that can serve you with everything you require as an experienced trader, the Pro tier could be for you!
Profit.ly’s Other Services
Apart from the provided trainer tools and Leaderboards Profit.ly has a few other services they offer. 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 ins and outs of trading. The products listed on this page of the website can be immediately purchased for personal use. These include best-selling products such as”Trading Tickers, “Trading Tickers” series by trader professional Tim Grittani, Timothy Sykes’s collection of DVDs, streaming-only content on short stocking, penny stocking, as well as all aspects of trading. There are also clips and scenes of the Annual Pennystocking Conference, and products from other expert traders.
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The integrated chat rooms are included in Profit.ly’s variety of features and services. You are probably familiar with the concept of the chat room as you can find it throughout messaging and social platforms, as well as some specialty websites that provide live chat support. But on Profit.ly it’s seen as a hands-on area where experts and members can interact and learn in real time. Every guru has their own way when it comes to running their chat room and dealing with the listed members there. 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 as Profit.ly’s version of the forum, in its essence.
Who is the best trader to Profit.ly?
Profit.ly’s wide range of products and features caters to an array of stock traders, from novices to the most experienced. With the variety of deals it offers, the platform surely has something for all.
Beginners, 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 tips by its internal gurus and their members. They’ll also be able to select from the products in its online store that they can take with them wherever they travel. They can also gain hands-on experience trading on the platform, however they’ll realize that the process is a high stakes game that should not be viewed as an amusing pastime.
For traders who have decades of experience in the line, we see Profit.ly equally suitable for them as it is for those who are just starting. Although the novices might not be as proficient in managing trading but the experts already know how it works and the plethora of risks associated with it. In the ideal scenario, they can make use of Profit.ly’s array of options to their maximum advantage to improve their trading skills. Like beginners, they can learn from the experts and experts , and use those simple tips and hints along the way.
Profit.ly’s ‘all-together’ nature doesn’t just apply to newbies and semi-experienced traders. Experts who have been verified can also participate in the enjoyment! Those in the trading industry who are on the same level as Superman and Tim Sykes can also use up Profit.ly’s capabilities to display their expertise to other traders as a way to assist them in the ever-changing trading process. Stock Market Crash Tim Sykes
Profit.ly’s Pros and Cons
- Profit.ly’s numerous capabilities as a ‘one-stop’ stock trading platform enable traders from all over the world with a wealth of education communications, trading, and communication tools
- You’ll be provided with excellent lessons and advice from the company’s internal experts, which include video libraries that teach you how to learn and real-time trading activities
- You’re assured of transparency throughout Profit.ly by using accurate data and fellow traders ready to call you when something goes wrong.
- The leaderboard feature on the platform gives you the chance to establish your credibility as a trustworthy and dependable trader
- In addition to its primary abilities, Profit.ly also gives its customers additional options to meet their needs, like posting trades that are not authentic by taking screenshots
- Profit.ly’s wide array of subscription plans and guru packages are priced at a reasonable cost There’s something for everyone
- Profit.ly’s bountiful stream of packages and products offered may be too much for a lot of its users
- If traders decide to make any type of trade, there is a possibility that some of them could profit from cherry-picking the best trades to increase the rating this could be a concern that should not be simply overlooked
- Profit.ly will not allow refunds, as its premium users are expected to instantly benefit from the many services the platform has to provide
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The Final Concluding Question: Is Profit.ly Valued?
If we could think of an appropriate answer for this query, it’s a ‘yes’. But it is important to realize that the platform should not be used as a quick-fix scheme to make money. The platform wasn’t originally intended to be created for this reason. Instead, it is best to keep an open mind. Stock Market Crash Tim Sykes
What we are referring to”yes” is that it can be a great learning tool. Those who may be stuck might discover Profit.ly’s variety of resources useful when they try their best to avoid loss and perform better than before. It’s not only the struggling traders that will profit from the platform. It can accommodate beginners and even experts in the field!
If you truly want to become more successful in trading and would like to learn from your mentors and peers throughout the process, then you should look no further than Profit.ly. Profit.ly is a fantastic option to begin.
FAQ Stock Market Crash Tim Sykes
How can you make use of Profit.ly to make your trades public?
Profit.ly has a trade entry portion under the ‘My Trade’ category of the dashboard that allows you to post your trades, verifiable or otherwise. There are three choices:
- Linking your account to the broker of choice and import the trades from that directly
- Manually entering your trades into provided spaces and specifics
- Send a screen shot of your transactions
How can I tell whether the trade is authentic or not?
If you purchase your trade from a reputable brokerage, there’s the chance that it is verifiable. This is evident by the small blue check. If you upload it manually or through images, it will be classified as unverified.
The downside of having an unauthenticated trade is the possibility of getting downvotes from your fellow peers. A large number of downvotes could cause you to show up at the top of the Madoff leaderboard, where people are able to identify who is dishonest in posting trades.
Does the Profit.ly mobile app still in use?
As of the moment, Profit.ly is still available to download via the Apple App Store and on the Google Play store. The mobile app version is compatible with the majority of functioning tablets and smartphones.
How many people are using Profit.ly?
Profit.ly currently houses more than 150,000 traders and investors, since they’re not just looking to earn maximum profits but also assist each other to learn and improve in acquiring stock market opportunities both right and left.