Stock trading can be a high-stakes game. On certain days, you might be reaping the benefits of positive and satisfying numbers. On other days, however you may experience the opposite, and it may sometimes be very difficult to return to the point you were at your peak. If you are immersed in the water it is important to recognize that relying on your instincts and preserving is not always enough.
If you’ve been incurring losses from time to time You’ll need reliable advice from tested and tried trading experts. You’re also gonna need an important boost from fellow traders from around the globe, which is why we’ve discovered an online platform that will help you in your improvement in the industry. This review will be taking a look at Profit.ly is a well-known 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 Stocks To Trade Timothy Sykes Picks And Watch
Users Experience 4.5/5
Profit.ly offers an internet-based trading service that allows traders of different levels to be informed, transparent, accountable, and uplifting with one another through its wide range of features and tools including chat rooms, trade verification and a rich library of educational material.
How do I define Profit.ly?
Profit.ly is a trading website which serves as a learning and education platform for those who are just beginning their journey as well as a place for experienced traders to track their performance through the use of sophisticated analytics tools. It provides users with a vast array of options to facilitate trade and communication and letting traders from all walks of life network with each other. It also allows gurus to make an opportunity to invest in the right areas of the platform. Think of it as a social media site akin to Facebook and Reddit however it is geared towards traders and experts.
Profit.ly independently verifies trade performances and publishes all data from them in the style of leaderboards. The trading platform is built on trust and transparency. it makes sure that trades are valid and won’t accept fake news as long as it is possible. It was founded many years ago by penny stock trade expert and investment guru Timothy Sykes, along with fellow expert Michael Mosseri.
In an interview for Forbes publication, Sykes declared that Profit.ly was motivated by its focus “on the transparency of every trade, something that has never been previously done.” This idea, he added, served two purposes: 1) making public records for everyone, not just the experts as well as students and newsletter writers and secondly) allowing anyone on the platform to be enlightened by both losses and wins to the benefit of the trading industry. Stocks To Trade Timothy Sykes Picks And Watch
How Does It Perform?
Profit.ly utilizes a subscription model that allows stock traders to benefit from a variety of features and services aimed towards achieving the success of their business. It is possible to create an account there at no cost, however you’re limited to the capability to browse the leaderboard and observe the activities of people who aren’t gurus. If you’re looking to invest 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 that we’ll go over shortly.
The process of opening an account is simple: Create an account that includes your personal information and expertise, connect to your brokerage account, and you’ll be given an opportunity to make through at the very top of the list. Profit.ly’s leaders’ board feature as mentioned previously, is designed to give its users an insight into how the community of traders performs as well as its experts. It’s not only a chance to demonstrate your worth to a large group of traders, but you can also utilize Profit.ly to purchase from a guru with the assurance that you’re comfortable with their expertise and the credibility of their claims.
If you are unsure about the idea of divulging information about your account with a brokerage, then you could choose to publish your trades, verified or otherwise, through photographs. Also included in Profit.ly is the huge selection of trading courses and the capability to see the stats of a trader’s account and other methods to communicate with your gurus through the chatroom as well as text and e-mail alerts and updates.
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Meet Tim Sykes, the founder: Tim Sykes
Timothy Sykes is a well-renowned day trader who has been famously known for his involvement in the penny-stock market. According to Investopedia Penny stock is a small business’s stock which trades at just less than 5 cents per share. Penny stock trading can be seen as a stepping stone for small-scale businesses to make the transition to a market that is larger as it gives them access to capital from the general public. But don’t make the mistake of thinking that it’s also an extremely risky game, as Sykes will be able to tell you through his many years of experience.
From his beginnings at the end of his time in the high schools, Tim Sykes has, since then, earned more than $6 million in earnings during his long and successful career as trading professional. When he was 25 years old Sykes was given greater exposure and an even wider reach of influence when he was a part of the reality series “Wall Street Warriors.” Then, he used the opportunity to develop trading rooms and penny stock themes and educational content geared toward people who are brand new to the trading field. He also helped to establish Profit.ly as a place for transparency and for the community to lift each other up and compete on the platform.
The Profit.ly Gurus
One of Profit.ly’s sweet inclusions is the variety of education sources, trade alerts and other helpful stuff provided by the company’s internal gurus. These gurus refer to the trading experts who have proven to make substantial profits from their collective years of expertise. Stocks To Trade Timothy Sykes Picks And Watch
At its peak, Profit.ly had housed up to five gurus. Each of them an expert in their niche within the world of trading. Some of the prominent gurus included Connor Bruggermann, Nathan Michaud of Investors Underground, and Triforce, among a few others. As of this writing, 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. With that taken into consideration, let’s take a look at the packages each guru offers.
From Tim Sykes Tim Sykes: Tim’s Alerts
Sykes offers an essential stock trading service that focuses on penny-stock day trading via Tim’s Alerts. At $74.95 per month, you’ll be able to see him focus on the fundamental catalysts for stocks and utilize them to forecast the next possible moves in making trades.
A single purchase from Tim’s Alerts will get you access to the chatroom, as well as the mobile app available for iOS as well as Android devices, as well as texts, emails, and push alerts; and a daily stock watchlist.
from Tim Sykes: The Pennystocking Silver Package
Pennystocking Silver is the premium, upgraded version of the Tim’s Alerts program. Priced at $149.95 monthly, this is an ideal plan for investors who are involved in investing in penny stocks. Pennystocking Silver includes all the basic features that were included in prior plans, which includes swing trading alerts as well as unlimited access to a library of more than 7,000 instructional videos and new videos released weekly.
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In “Superman” Paul Scolardi: Superman Alerts
Scolardi who goes under the alias “Superman,” is a swing trading professional with an eye for both small-cap monumental stocks and crazy-accurate marketing forecasts. Through the years since when he first started trading, Superman has amassed over $5.5 million in all-time trading earnings. Stocks To Trade Timothy Sykes Picks And Watch
The Superman Alerts plan is an offering of essential features and trading alerts geared to those interested. For $147 per month, you’ll gain an access to the day-to-day premarket stock watchlist and the mobile app, the daily market commentary in real-time, as well as E-mail and SMS alerts.
The film “Superman” Paul Scolardi: Superman Pro
For $247 per month, you can enjoy additional features, plus access to the extensive knowledge base provided by Superman himself through Superman Pro. Superman Pro package. In addition to the basic features featured in the Alerts package, Superman Pro gives you weekly video lessons, including an ever-growing library of previous lessons. Additionally you’ll also gain the ability to access premium reports on research and the IPO and earnings tracker.
Profit.ly plans and costs
If you’re ready to join the online trading community and leave a mark in the industry, Profit.ly has the right amount of resources to get you started. Profit.ly offers three membership levels that cater to traders with different levels. Let’s look at what the three are and how much they’ll cost you.
The Novice package is Profit.ly’s entry-level plan designed especially for those who are just beginning their journey to the world of trading. Once you have signed up for this plan you’ll be provided with a variety of powerful and essential trading tools, each of which is essential to keep your fingers on what we call a competitive process by itself.
Some of the features you can do using Profit.ly’s Novice program is the ability to verify trades and track profits as well as leading, following and even chatting with other traders; and leaving feedback on today’s trades. You can also get onto leaderboards; study the results of your analysis, sort, as well as filter trades; and lastly, look at the statistics of other traders.
The Novice plan is $29.95 per month. Although it looks attractive for the price alone, there is a downside. You can’t create a private account, making your personal information public. If you’re interested in gain the benefit of this service, you should stay tuned as we introduce to you Profit.ly’s next plan.
The Trader package lets you to take advantage of a majority of features from The Novice package. This plan allows that you can set up a private profile to share with other associate users all your knowledge and knowledge you gain from the trading community.
The price is $49.95/month, Profit.ly’s Trader plan will do what the name implies: Cater people who want to improve their skills in trading. As nice as it seems, there is one significant element that’s missing. In contrast to the Novice package, this one won’t be able to view other traders’ stats that could be a disadvantage for some who may be anticipating this level. Stocks To Trade Timothy Sykes Picks And Watch
This is by far the highest luxurious package Profit.ly could offer for seasoned traders. With $74.95 per month, which includes 22% off for billing annually, this tier has everything. It gives you full, unlimited access to all the options of the prior plans.
Not only do you get to see other users’ stats, but you’re also given the opportunity to create a private profile. Both of these options, in addition to the advantages that you can utilize to the fullest potential. If you’re in search of an option that gives you everything you need as a skilled trader, maybe the Pro tier could be the right choice for you!
Profit.ly’s Other Services
In addition to the tools for training and leaderboards, Profit.ly has a few more services it has to provide. One of those is its online store, where customers can choose from a wide array of video products that are designed to educate and help you understand the nuances and pitfalls of trading. All of the products featured in this section of the website can be immediately purchased for personal use. These include best-selling products like”Trading Tickers,” the “Trading Tickers” series by trading specialist Tim Grittani, Timothy Sykes’s collection of DVDs and streaming-only content on short stocking, penny stocking, as well as all things trading-related, clips and scenes of events like the Annual Pennystocking Conference, and products from other expert traders.
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The integrated chat rooms are as well part of Profit.ly’s array of features and services. You may be familiar with the concept of chat rooms since you can see it across social and messaging platforms, and also on a few specialty websites that offer live chat assistance. However, in Profit.ly it’s seen as a hands-on area where experts and members trade and share knowledge in real-time. Each guru has their style when it comes to running their chat room and in dealing with the members. One of them may be laid back and rarely active, while another might be more online and communicative to their pupils. Consider chat rooms like Profit.ly’s version of a forum, in the essence.
Who is the best trader to Profit.ly?
Profit.ly’s variety of offerings and features are geared towards a large variety of stock traders, ranging from novices to experienced professionals. With the variety of deals it has to offer this platform definitely has something for all.
Newbies, for instance, can take advantage of Profit.ly’s library of learning materials available across the platform. Not only will they be enriched with weekly videos and chat room tips from its in-house gurus and their members. They’ll also be able to select from the products from its online store that they can take with them wherever they go. They can also gain hands-on experiences by trading through the platform, however they’ll realize that this is a high stakes game that shouldn’t be treated as an opportunity to make fun of.
For those traders who have had decades of experience in the line, we believe Profit.ly equally suitable for them as it is for those who are just starting. While novice traders may not be as proficient in handling trading matters however, experienced traders know the way it functions and the plethora of risks that come with it. Ideally, they may make use of Profit.ly’s variety of options to their maximum advantage to improve their trading abilities. As beginners, they are able to study from the gurus and experts , and use those short tips and tricks to help them along.
Profit.ly’s ‘all-together’ nature doesn’t just apply to newbies as well as semi-seasoned traders. Verified experts can also join in the fun! People in the trade industry who are on similar levels to Superman and Tim Sykes can also use the power of Profit.ly’s capabilities to showcase their expertise to other traders as a way to help navigate them through the ever-changing trading process. Stocks To Trade Timothy Sykes Picks And Watch
Profit.ly’s Pros and Cons
- Profit.ly’s many capabilities as a “one-stop’ stock trading platform enable traders from all over the world with an abundance of knowledge communications, trading, and communication 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 can be sure of complete transparency through Profit.ly by using accurate data as well as other traders ready to call you when something goes wrong.
- The leaderboard feature of the platform offers you the chance to establish your credibility as a trustworthy and verifiable trader
- Apart from its main capabilities, Profit.ly also gives its users extra options to suit their individual preferences, for instance, posting trades that are not authentic by taking screenshots
- Profit.ly’s variety of subscription plans and guru packages are priced at a reasonable cost There is truly something for everyone
- Profit.ly’s bountiful stream of packages and services offered could be too much for a lot of its customers
- Since traders can choose to post any kind of trade, there’s a possibility that some of them may take advantage by selecting the best trades in order to improve their ratings This could be a problem that shouldn’t be ignored.
- Profit.ly will not allow refunds because the premium customers are expected to immediately benefit from the number of services the platform has to provide
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The Final Verdict The Final Verdict: Is Profit.ly Valued?
If we could think of an appropriate answer for this query, it would be yes. However, you must realize that this platform shouldn’t be viewed as a get-rich-quick scheme. The platform was not always intended to be created to achieve this goal. Instead, you need to have an open mind. Stocks To Trade Timothy Sykes Picks And Watch
What we mean by ‘yes’ is that it can be a great learning tool. For those who are struggling, they might discover Profit.ly’s array of resources helpful in their efforts to reduce losses and be more successful than they did before. Not only struggling traders that will benefit from the platform. It will be able to accommodate beginners as well as even experts!
If you truly want to become better at trading and wish to be taught by your mentors and peers throughout the process, then take a look at Profit.ly. Profit.ly could be a good choice to start.
FAQ Stocks To Trade Timothy Sykes Picks And Watch
How do you use Profit.ly to publish your trades?
Profit.ly offers a trade entry portion within the ‘My Trade section of the dashboard. It lets you post your trades, verifiable or not. There are three choices:
- Linking your account with your brokerage of choice and then importing the trades from that directly
- Manually entering your trades using the spaces provided and details
- Take a photo of your transactions
What can I do to determine whether the trade can be verified or not?
If you import your trade from a reputable brokerage, there is a high probability that it’s verifiable. This is shown by the blue check mark. If you upload it manually or through images, it will be classified as unverified.
The downside of having an unauthenticated trade is the chance of receiving downvotes from friends and colleagues. If you receive too many negative votes, it could result in you appearing in the Madoff leaderboard, where users are able to identify who is dishonest in posting trades.
Are the Profit.ly mobile app still available?
As of the moment, Profit.ly is still available to download via the App Store for Apple and in the Google Play store. The mobile version of the app works with all working smartphones and tablets.
How many people are on Profit.ly?
Profit.ly currently houses more than 150,000 investors and traders because they are not just trying to maximize profits but also to help one another develop and grow in their ability to take advantage of opportunities on the stock market left and right.