Stock trading can be a high-stakes game. On certain days, you might enjoy the benefits of pleasing and positive numbers. On other days, however it could be the reverse and it could be very difficult to return to where you were your peak. If you’re always in the mud, you will have to recognize that relying on pure instinct and preservation is not always enough.
If you’ve experienced losses from time to time, you’re gonna be needing solid advice from seasoned and tested trading experts. Also, you’ll need a significant boost from your trading partners from all over the globe. That’s why we’ve identified an option that can help you to improve your performance within the field. We’ll be taking the time to 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 Tim Sykes And Tim Gratani
The User’s Experience 4.5/5
Profit.ly can be described as an online platform for trading that allows traders of different levels to be informative, transparent, accountable, and uplifting with each other through its broad array of tools and features like chat rooms, trade verification as well as an extensive library of educational material.
What is Profit.ly?
Profit.ly is a trading website that serves both as a learning and training platform for traders who are just beginning their journey and also as a platform for experienced traders to track their performance through the use of advanced analytics tools. Providing users with a wide variety of tools for communication and trade and letting traders from all walks of life network with one another. It gives the gurus worthwhile investments within the confines of the platform. Consider it the social media equivalent to Facebook and Reddit but with a focus on traders and experts.
Profit.ly independently checks the performance of trades and then publishes the information of them in the manner of leaderboards. The trading platform is built on transparency and honesty: it ensures that the transactions are legitimate and will not tolerate inauthenticity as much as possible. It was established in the past by penny stock trade expert and investment guru Timothy Sykes, along with his colleague Michael Mosseri.
One time , during an interview for Forbes magazine, Sykes stated that Profit.ly was driven by its focus “on showing the entire spectrum of trades, something which was never done before.” The concept was, he said, serving two objectives: one) making public records for all traders, not just the gurus and newsletter authors and students as well as) making it possible for everyone on the platform to be enlightened by both the wins and losses to the benefit of the trading industry. Tim Sykes And Tim Gratani
How Does It How Does It
Profit.ly follows a subscription-based model that allows stock traders to have access to a range of services and features geared toward achievement. You can create an account on the site at no cost, however you’re limited to the ability to navigate through the leaderboard and follow the actions of non-gurus. If you’re interested in investing your money and see what stocks the experts are trading in real time it is necessary to join one of Profit.ly’s offers, which we will go over shortly.
Making an account simple: Create an account with your experience and skills, join to your brokerage account, and you’ll have the chance to climb through the top of the leaderboard. Profit.ly’s Leaderboard function, which was previously mentioned, is designed to give its users a look at their performance as a trading group and its experts. It’s not only a chance to show that you’re worthy to the large group of traders, as you can also use Profit.ly to purchase with a guru, and have the assurance that you’re confident in their skills and the veracity of their assertions.
If you are unsure about the concept of leaking information about your account with a brokerage, then you could opt to post your trades, verified or not, by taking screenshots. Included in Profit.ly are a variety of courses in trading as well as the ability to look at the stats of a trader’s account, and more ways to connect with your gurus through the chatroom in addition to 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 delving his hands into the penny-stock market. According to Investopedia Penny stock is a small business’s shares that trade for just less than 5 cents per share. Penny stock trading could be viewed as a stepping stone for small-scale businesses to make the transition to a market that is larger as they can access funds from the general public. However, don’t get it wrong – it can also be a high-risk game, which Sykes can surely tell thanks to his years of expertise.
Since his initial beginnings in his late years in High School, Tim Sykes has, since then, made more than $6 million in profits during his long and successful career as trading professional. When he was 25 years old Tim Sykes had received greater exposure and a larger reach of influence when he became part of the reality series “Wall Street Warriors.” Then, he used the opportunity to create trading rooms and penny stock themes and educational content geared toward those who are just beginning to learn about the trading field. 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 most appealing features is the wide range of learning resources, trade alerts, as well as other useful information provided by the platform’s in-house gurus. These gurus refer to the trading experts who have earned substantial amounts of money through their years of knowledge. Tim Sykes And Tim Gratani
At its peak, Profit.ly had housed up to five gurus, all of them an expert in their field of expertise in the field of trading. Some of the prominent gurus included Connor Bruggermann, Nathan Michaud of Investors Underground, and Triforce, among a few others. At the time of writing however, 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. In light of that Let’s look at what packaged deals each guru has to offer.
From Tim Sykes: Tim’s Alerts
Sykes offers basic stock trading services that focuses on penny-priced day trading with Tim’s Alerts. The cost is $74.95 monthly, you’ll see him focus on the basic stock catalysts and employ them to forecast the next move that is possible when trading.
A standalone purchase in Tim’s Alerts will get you access to the chatroom, as well as the mobile app available to iOS and Android devices, texts, emails and push alerts and a daily stock watchlist.
from Tim Sykes: The Pennystocking Silver Package
Pennystocking Silver is the most premium version that has been upgraded of the Tim’s Alerts package. It costs $149.95 monthly, it is the perfect plan for investors who are committed to penny stock trading. Pennystocking Silver includes all the basic features that were included in prior plans, such as swing trading alerts as well as unlimited access to an extensive collection of more than 7,000 educational videos and new videos released weekly.
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From “Superman” Paul Scolardi: Superman Alerts
Scolardi who is known under the name “Superman,” is a professional in swing trading 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 all-time trading profits. Tim Sykes And Tim Gratani
The Superman Alerts plan is his offering of essential features and trading alerts targeted to those interested. For $147 per month, you’ll gain access daily premarket stock watchlist as well as the mobile app, the daily market commentary in real-time, as well as SMS and e-mail alerts.
In “Superman” Paul Scolardi: Superman Pro
For the price of $247, you receive additional features, plus access to a knowledgeable base provided by Superman himself through the Superman Pro package. In addition to the basic features that are included in the Alerts package, Superman Pro gives you weekly video lessonsthat include an ever-growing library of the previous ones. In addition you’ll also gain 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 make a mark on the industry, 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 tiers are and how much they will cost you.
The package called Novice is Profit.ly’s basic plan that is designed specifically for those who are just beginning their journey to the trading world. When you sign to this plan, you will be immediately given a slew of robust and essential trading tools, each one of them essential in keeping your hands on what we call a competitive procedure in its own.
Some of the features you can accomplish with Profit.ly’s Novice program is the ability to verify trades and track profits and follow-up, leading, and even messaging other traders; and providing feedback on trades today. You’re also allowed to get onto leaderboards; study the results of your analysis, sort, or filter the trades you make; and lastly, look at other people’s statistics.
The Novice plan will cost $29.95 per month. Although it might look appealing simply because of the price but there’s a disadvantage. You can’t create a private profile, thus making your personal information public. If you’re interested in gain access to this feature, stay tuned as we introduce to you Profit.ly’s next plan.
The Trader Plan
The Trader package allows users to benefit from a majority of features from the Novice plan. In this plan, that you can create an account that is private for sharing with fellow associate users all your knowledge and information you have gained from the trading community.
The price is $49.95/month, Profit.ly’s Trader plan does what the name suggests: Cater people who want to develop their skills in trading. As nice as it seems but there’s one important aspect that’s not included. Unlike the previous Novice package, you won’t be able view the statistics of other traders that could be a problem for those looking forward to this tier. Tim Sykes And Tim Gratani
The Pro plan is the most expensive plan Profit.ly offers to experienced traders. With $74.95 monthly, with 22% off for billing annually This plan offers it all. You get full, no-holds-barred access to all features from the two previous plans.
In addition, you’ll be able to view other people’s stats and data, but you also have the chance to create your own private profile. Both of these options, plus the other benefits that you can use to the fullest potential. If you’re looking for an option that gives all the features you need to be trader with experience, the Pro tier could be the right choice for you!
Profit.ly’s Other Services
In addition to the training tools and the Leaderboards Profit.ly has a few additional services that it can offer. One of them is the online store, where customers can choose from a wide array of videos created to help you understand the ins and outs of trading. Each of the offerings listed on this page of the site can be purchased immediately for personal use. These include best-selling products like the “Trading Tickers” series by trading expert Tim Grittani, Timothy Sykes’s collection of DVDs, streaming-only content on short stocking, penny stocking, and other aspects of trading. There are also clips and clips 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 variety of features and services. You are probably familiar with chat rooms since you will see it on messaging and social platforms, and also on a few specialty websites that provide live chat assistance. However, in Profit.ly the chat room is viewed as a real-time space where experts and their members can interact and exchange knowledge in real-time. Every guru has their own way when it comes to running their chat room and in dealing with the members. One might be laid back and rarely engaged, while another could be more interactive and online to their pupils. Consider chat rooms as Profit.ly’s version of a forum, in the essence.
Who is the Ideal Trader for Profit.ly?
Profit.ly’s wide range of products and features are geared towards an array of stock trader types, from novices to the most experienced. Given the wide range of options it has to offer this platform definitely has something for everyone.
Newbies, for instance, will enjoy Profit.ly’s collection of educational content offered throughout the platform. In addition, they will be enriched with weekly videos and chat room advice from the in-house experts and members. They’ll also be able to select from the products from its online store that they can take with them wherever they may be. They can also gain hands-on experiences from trading within the platform, but eventually they’ll be able to realize that the process is a high stakes game that shouldn’t be treated as a joke.
For traders who have years of exposure down the line, we believe Profit.ly equally suited to them as the newcomers. While novice traders may not be as adept at handling trading matters, the pros already understand how it works along with the risky mix that it carries. Ideally, they may make use of Profit.ly’s array of features to their best advantage to improve their skills in trading. As beginners, they are able to learn from the top experts and experts and utilize those quick tips and tidbits throughout the process.
Profit.ly’s “all-in” approach isn’t limited to novices or semi-experienced trader. Verified experts can also join in the fun! People in the trade industry who are at the same level as Superman or Tim Sykes can also use Profit.ly’s capabilities. Profit.ly’s capabilities to showcase their skill to others in order to guide them through the ever-illustrious trading process. Tim Sykes And Tim Gratani
Profit.ly’s Pros and Pros and
- Profit.ly’s many capabilities as a ‘one-stop’ stock trading platform enable it to provide traders everywhere with an abundance of knowledge tools, communication, and trading tools
- You get to be provided with excellent lessons and insights from its in-house gurus, including collections of educational videos as well as trading in real-time.
- You can be sure of complete transparency through Profit.ly with accurate analytics as well as fellow traders who are ready to reach you when something goes wrong.
- The leaderboard feature of the platform offers you a way to build your reputation as a reliable and verifiable trader
- Apart from its main capabilities, Profit.ly also gives its users extra options to suit their needs, like 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 numerous products and packages offered might seem overwhelming for a lot of its customers
- As traders may opt to post any kind of trade, there’s the possibility that some of them will profit by cherry-picking the best trades to improve their ratings This could be a risk that shouldn’t be ignored.
- Profit.ly does not accept refunds because the premium customers 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 the answer, it would be a ‘yes’. However, you must realize that the platform should not be used as a scheme to get rich quick. The platform was not always meant to be designed to achieve this goal. Instead, it is best to keep curiosity. Tim Sykes And Tim Gratani
What we mean by ‘yes’ is that it is a fantastic learning tool. Those who may be stuck might discover Profit.ly’s variety of resources to be helpful as they do their best to reduce loss and perform better than before. It’s not just the struggling traders who will benefit from the platform. It will be able to accommodate beginners as well as even experts!
If you really desire to be better at trading and wish to be taught by your mentors and peers on the way, take a look at Profit.ly. Profit.ly could be a good alternative to start.
FAQ Tim Sykes And Tim Gratani
How can you make use of Profit.ly to post your trades?
Profit.ly offers an entry section for trades under the “My Trade category on the dashboard. It lets you post your trades, verifiable or not. There are three choices:
- Linking your account to the brokerage of choice and then importing transactions directly through there
- Manually entering your trades into specified spaces and information.
- Send a screen shot of your trades
How can I tell if the trade is verifiable or not?
If you buy your trade through a reliable brokerage, there is a high chance that it is verifiable. This is evident by the blue check mark. If you post it manually or through images, it will be classified as unverified.
The downside of having an unverified trade is the possibility of receiving negative feedback from colleagues. If you receive too many negative votes, it could result in you appearing in the Madoff leaderboard, which is where the public can see who’s dishonest in posting trades.
Does the Profit.ly mobile app still in use?
As of this writing, Profit.ly is still available to download via the App Store for Apple and on the Google Play store. The mobile version of the app is compatible with the majority of operating tablets and smartphones.
How many are on Profit.ly?
Profit.ly currently houses more than 150,000 investors and traders as they not only are seeking to make the most profit but also to help one another grow and learn more about acquiring opportunities in the stock market both right and left.