Stock trading is a high-stakes game. Some days, you might be reaping the benefits of pleasing and positive numbers. However, on other days it could be the reverse and it could be very difficult to return to where you were your peak. If you are always in the mud You will need be aware that relying solely on instinct and survival might not be enough.
If you’ve suffered losses from time to time and you’re likely to require sound advice from tried-and-tested trading experts. You’re also gonna need an important boost from trading partners from all over the world, which is why we’ve identified an option that can help you in your improvement in the market. We’ll take an in-depth look at Profit.ly is a well-known 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 Tim Sykes 12 Dvd Course
The User’s Experience 4.5/5
Profit.ly offers an internet-based trading service that allows traders of various levels to be informed, transparent, accountable, and encouraging one another through its wide variety 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 learning and education platform for those new to trading and also as a platform for traders who are experienced to monitor their performance with the help of advanced analytics tools. Providing users with a wide array of options for trade and communication and letting traders from all walks of life connect with each other. It gives the gurus worthy investments within the boundaries that the site. Imagine it as an online social media platform similar like Facebook and Reddit, but for traders and experts.
Profit.ly independently verifies trade performances and publishes all data from them in the style of leaderboards. The platform’s trading model is based on honesty and transparency: it ensures that the trades are authentic and won’t allow for fraud as much as possible. It was established years ago by the penny expert in stock trading and investment guru Timothy Sykes, along with fellow expert Michael Mosseri.
In an interview for Forbes magazine Sykes said that Profit.ly was based “on showing the entire spectrum of trades, something which has never been done before.” The idea was, he said, serving two goals: 1.) making public records for everyone, not just the experts as well as newsletter writers and students, and 2) making it possible for all users to learn from both losses and wins to benefit the industry of trading. Tim Sykes 12 Dvd Course
How Does It How Does It
Profit.ly utilizes a subscription model that lets stock traders gain access to a multitude of features and services aimed toward the success of their business. It is possible to create an account for free, but you’re only limited to having the ability to navigate through the leaderboards and monitor the activities of non-gurus. If you’re ready to invest your money and see which stocks the gurus are trading in real time You’ll need to subscribe to any of Profit.ly’s offerings that we’ll discuss in the near future.
The process of opening an account is simple: Create a profile with your experiences and expertise, connect your brokerage account, and you’ll be given an opportunity to make through the top of the leaderboard. Profit.ly’s leaders’ board feature as mentioned previously was designed to offer its users an insight into the performance of the trading community as well as its gurus. You’re not just allowed to show value to a large group of traders, as you can also utilize Profit.ly to purchase with a guru, and have the confidence that you are confident of their knowledge and the legitimacy of their assertions.
If you’re not comfortable with the concept of leaking information about your account with a brokerage, then you could choose to publish your trades, whether verified or not, by taking photographs. Also included in Profit.ly are the vast number of trading courses as well as the ability to look at statistics on a person’s profile and other methods to interact with your experts through the chatroom along with email and text alerts as well as updates.
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Meet Tim Sykes, the founder: Tim Sykes
Timothy Sykes is a well-renowned day trading personality who is well-known for delving his hands into the penny-stock market. According to Investopedia the term “penny stock” is a small business’s stock that trades for less than $5 per share. The penny stock market is an avenue for small companies to move to a large marketplace as they can access capital from the public. But don’t make the mistake of thinking that it can also be an extremely risky game, as Sykes is sure to reveal thanks to his years of experience.
Beginning in the latter years of High School, Tim Sykes has, since then, made more than $6 million in profits throughout his illustrious career as trading professional. At the age of 25 Tim Sykes had received greater exposure and a larger reach of influence when he was a part of the reality show “Wall Street Warriors.” He then took advantage of it to establish trading rooms and penny stock themes and educational material aimed at those who are just beginning to learn about the trading field. He also helped establish Profit.ly as a platform for openness, and to allow the community to rise and compete on the platform.
The Profit.ly Gurus
One of Profit.ly’s sweet inclusions is the variety of learning sources, trade alerts and other useful stuff offered by the company’s internal gurus. These gurus refer to experts in the field of trading who have proven to make significant amounts of profit from their combined years of expertise. Tim Sykes 12 Dvd Course
At its peak, Profit.ly had housed up to five gurus, all of them an expert within their particular field in the trading industry. Some of the most famous 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 the platform: 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 take a look at the packages each guru can offer.
From Tim Sykes Tim Sykes
Sykes offers basic stock trading services with the main priority being penny-priced day trading with Tim’s Alerts. At $74.95 per month, you’ll be able to see him concentrate on the fundamental catalysts for stocks and utilize them to anticipate the next moves that could occur when trading.
A standalone purchase of Tim’s Alerts will get you access to the chatroom as well as the mobile app that’s available for iOS as well as Android devices, text, e-mail, and push alerts; and a daily stock watchlist.
From Tim Sykes: The Pennystocking Silver Package
Pennystocking Silver is the highest-quality version, with an upgraded version of Tim’s Alerts package. At $149.95 per month, this is an ideal plan for investors who are committed to the penny-stock market. Pennystocking Silver comes with all the standard features found in earlier plans including alerts for swing trading and access to an extensive library of over 7,000 educational videos and new videos released weekly.
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The following video is from “Superman” Paul Scolardi: Superman Alerts
Scolardi who goes under the alias “Superman,” is a swing trading professional with an eye for both tiny-cap massive stocks as well as wildly accurate marketing forecasts. Through the years since he began as a trader, Superman has amassed over $5.5 million in total trading earnings. Tim Sykes 12 Dvd Course
The Superman Alerts package is his offer of the most essential features and trading alerts targeted to those interested. For just $147 per month, you’ll have an access to the day-to-day premarket stock watchlist as well as the mobile application, daily market updates in real time, and email and SMS alerts.
The film “Superman” Paul Scolardi: Superman Pro
For the price of $247, you receive additional features and access to a knowledgeable base provided by Superman himself through Superman Pro. Superman Pro package. On top of the essentials featured 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 get the ability to access premium reports on research and an IPO and earnings tracker.
Profit.ly plans and costs
If you’re ready to join the trading community on the internet and leave your mark on the industry, Profit.ly has the right amount of resources to get you up and running. The platform offers three membership tiers that are designed to accommodate traders of different levels. Let’s break down what these three are and how much they will cost you.
The Novice package is Profit.ly’s entry-level plan designed especially for those who are just beginning their journey to the trading world. When you sign to this plan, you will be immediately offered a range of strong and vital trading tools, all of them integral in keeping your fingers on what we call a competitive procedure in its own.
The list of features you can do with Profit.ly’s Novice package is the capability to check trades and track profits; leading, following and even texting your fellow traders; and leaving feedback on today’s trades. You’re also allowed to get onto leaderboards; study the results of your analysis, sort, as well as filter trades and, finally, see other people’s statistics.
The Novice plan will cost $29.95 per monthly payment. While it may look attractive just by the price however, there’s a drawback. It isn’t possible to create a private profile, which makes your activities publicly available. If you do want to gain an account with this option, stay tuned as we 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. In this plan, that you can set up a private profile to share with fellow associate users all your knowledge and knowledge you gain from trader’s community.
Costing $49.95/month, Profit.ly’s Trader plan is exactly what it says: Cater people who want to harness their expertise in trading. As nice as it seems, there is one significant element that’s missing. As opposed to the prior Novice package, you will not be able view other traders’ stats, which might be a drawback for those who are looking forward to this tier. Tim Sykes 12 Dvd Course
The Professional plan can be described as the most premium package that Profit.ly could offer for seasoned traders. At $74.95 each month with 22% off when billed annually the Pro plan has everything. You will have full, unrestricted access to all options of the prior plans.
You’re not only able to view other people’s stats as well, you’re also offered the opportunity to create a private profile. Both of these options, on top of all the advantages you’ll be able to use to the maximum extent. If you’re looking for an account that will give you with everything you require as a skilled trader, maybe the Pro level is ideal for you!
Profit.ly’s Other Services
In addition to the training tools and the leaderboards, Profit.ly provides a variety of other services they offer. One of these is its online store, which allows users to pick from a range of videos that are designed to educate and guide you through the nuances and pitfalls of trading. The products listed in this section of the website is available to be bought immediately for your personal use. These include best-selling products such as”Trading Tickers,” the “Trading Tickers” series by trader professional Tim Grittani, Timothy Sykes’s library of DVDs and streaming-only content about short stocking, penny stocking, and all other aspects of trading. There are also clips and scenes taken from the Annual Pennystocking Conference, and items from other experts in trading.
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The chat rooms that are integrated are as well part of Profit.ly’s range of services and features. You are probably familiar with the concept of the chat room as you can see it across social and messaging platforms, as well as some specialty websites that offer live chat support. However, in Profit.ly, it is seen as a place where gurus and their members trade and learn 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 a laid-back person who is not very often active, while another may be more interactive and online in their interactions with students. Consider chat rooms like Profit.ly’s version of the forum, in its essence.
Who is the best trader to Profit.ly?
Profit.ly’s diverse range of products and features are geared towards the wide range of stock trader types, from novices to the most experienced. With the variety of deals it has to offer this platform definitely has something for everyone.
For instance, newbies will enjoy Profit.ly’s knowledge-based materials available across the platform. They will also be enriched with weekly videos and chat room tips from its in-house gurus as well as their members. Additionally, they can pick from the merchandise available in its online store to carry with them wherever they be. Additionally, they can gain practical experience trading on the platform, but ultimately they’ll be able to realize that trading is a high stakes game that should not be viewed as an amusing pastime.
For traders who have decades of experience in the road, we consider Profit.ly equally suitable to them as the newcomers. While the newbies may not be as adept at managing trading but the experts already know how it works and the risky mix that it carries. It is ideal to make use of Profit.ly’s range of options to their maximum advantage to enhance their skills in trading. Like beginners, they can study from the gurus as well as experts, and take advantage of simple tips and hints along the way.
Profit.ly’s “all-in” approach doesn’t just apply to newbies as well as semi-seasoned traders. Verified experts can also join in the enjoyment! People in the trade industry who are on an equal level with Superman as well as Tim Sykes can also use the power of Profit.ly’s capabilities to display their expertise to other traders as a way to help guide them through the ever-illustrious trading process. Tim Sykes 12 Dvd Course
Profit.ly’s Pros and Cons
- Profit.ly’s many capabilities as a ‘one-stop’ platform for trading stocks allows traders from all over the world with a wealth of education, communication, and trading tools
- You will be provided with excellent lessons and tips from the in-house gurus, including collections of educational videos as well as live trading activity.
- You’re assured of transparency throughout Profit.ly with precise analytics as well as other traders that are waiting to reach you out if something occurs.
- The platform’s leaderboard feature gives you a way to build your reputation as a reliable and dependable trader
- In addition to its primary features, Profit.ly also gives its customers extra options that can be tailored to their needs, like posting unauthentic trades via images
- Profit.ly’s wide array of subscription levels and guru packages 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 the majority of its users
- As traders may opt to open any kind of trade, there is a possibility that some of them may take advantage by cherry-picking the best trades to increase the rating this could be a risk that shouldn’t be overlooked.
- Profit.ly does not accept refunds, as its premium users are expected to instantly benefit from the many services that the platform can offer
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The Final Verdict: Is Profit.ly Worth It?
If we could come up with an appropriate answer for this query, it’s an affirmative “yes”. However, you must realize that it shouldn’t be treated as a quick-fix scheme to make money. The platform wasn’t originally meant to be designed for this reason. Instead, you need to have the ability to think with an open heart. Tim Sykes 12 Dvd Course
What we are referring to”yes” is it can be a great learning tool. People who are stuck might discover Profit.ly’s variety of resources to be helpful when they try their best to avoid loss and perform better than they did 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 want to become a better trader and want to be taught by your fellows and gurus throughout the process, then take a look at Profit.ly. Profit.ly is a fantastic choice to start.
FAQ Tim Sykes 12 Dvd Course
How can you make use of Profit.ly to post your trades?
Profit.ly has the option of allowing trade entries within the ‘My Trade category on the dashboard that lets you post your trades that are verified or not. You may choose between three options:
- Linking your account with your broker of choice and import trades directly from there
- Manually entering your trades into the spaces provided and details
- Take a photo of your trades
What can I do to determine whether the trade is authentic or not?
If you import your trade from a trusted brokerage, there is the likelihood that it can be verified. This is indicated with the blue check mark. If you submit the information manually or via pictures, it will be assigned as unverified.
The drawback of posting an unverified trade is the possibility of getting downvotes from your fellow peers. If you receive too many negative votes, it could cause you to be listed in the Madoff leaderboard, where users can detect who’s being dishonest in posting trades.
Is the Profit.ly mobile app still in use?
At the time of writing, Profit.ly is still available to download via the App Store for Apple and in the Google Play store. The mobile app version works with all working smartphones and tablets.
How many are on Profit.ly?
Profit.ly currently houses more than 150,000 investors and traders, since they’re not just trying to maximize profits but also assist each other to grow and learn more about acquiring opportunities on the stock market both right and left.