The stock market can be an exciting game with high stakes. On some days, you might enjoy the benefits of positive and satisfying numbers. On other days, however you may experience the opposite and it can be extremely difficult to get back to where you were your best. If you are always in the mud, you will have be aware that relying solely on instinct and survival is not always enough.
If you’ve suffered occasional losses You’ll need solid advice from seasoned and tested trading experts. Additionally, you’ll require a significant boost from your trading partners from all over the globe, which is why we’ve identified an online platform that will help you to improve your performance within the field. This review will be taking a 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.
Total Rating: 4.1/5 Tim Sykes Down To Earth Meaning
Users Experience 4.5/5
Profit.ly can be described as an online platform for trading that allows traders of all levels to be informative and accountable, as well as transparent and encouraging each other by offering a wide variety of tools and features like trade verification, chat rooms and a rich library of educational content.
What exactly is Profit.ly?
Profit.ly is a site for trading that functions as a training and learning platform for traders who are starting out and also as a platform for traders with experience to keep track of their performance using the aid of cutting-edge analytics tools. Offering users a broad range of resources for communication and trade, it helps traders from all walks of life network with one another. It gives the gurus an opportunity to invest in the right areas of this platform. Imagine it as a social media site akin the likes of Facebook and Reddit, but for professionals and traders.
Profit.ly independently checks the performance of trades and publishes all data from them in the form of leaderboards. The trading platform is built on trust and transparency. it ensures that the trades are authentic and won’t allow for fraud as much as possible. It was founded years ago by the penny stock trade expert and investment guru Timothy Sykes, along with the other expert Michael Mosseri.
One time during his interview for Forbes publication, Sykes declared that Profit.ly was motivated by its focus “on showing all trades, something that was never previously done.” The concept Sykes said served two objectives: one) making public records for all traders, not just the gurus and students and newsletter writers as well as) allowing everyone on the platform to learn from both the wins and losses for the trading industry’s benefit. Tim Sykes Down To Earth Meaning
How Does It Work?
Profit.ly is a subscription-based platform which allows stock traders to gain access to a multitude of features and services aimed at achieving achievement. You may set up an account for free, but you’re only given the ability to navigate through the leaderboards and monitor the activities of people who aren’t gurus. If you’re ready to invest your money in order to find out which stocks the gurus are trading in real-time You’ll need to subscribe to any of Profit.ly’s offers, which we will discuss in the near future.
Making an account easy: create a profile with your experiences and knowledge, then connect your brokerage account, and you have yourself a chance to shoot through the top of the leaderboard. Profit.ly’s leaderboard feature, as mentioned previously, is designed to give its users an insight into the performance of the trading community as well as its experts. It’s not only a chance to demonstrate value to a large group of traders. You can also use Profit.ly to buy with a guru, and have the confidence that you are confident in their skills and the veracity of their claims.
If you’re not comfortable with the idea of sharing the details of your broker account then you could decide to share your trades, verified or otherwise, through screenshots. Also included in Profit.ly are a variety of trading classes, the ability to view the stats of a trader’s account and other methods to communicate with your gurus via chatrooms along with text and e-mail alerts and updates.
Meet the Founder: Tim Sykes
Timothy Sykes is a well-renowned day trader who is well-known for delving his hands into penny stock trading. According to Investopedia the term “penny stock” is a small business’s stock that trades for under $5 for each share. The trading of penny stocks can be seen as an opportunity for small businesses to transition to a market that is larger as it allows them to access funds from the public. But don’t make the mistake of thinking that it can also be a high-risk game, which Sykes will be able to tell you because of his decades of expertise.
Beginning in his late years in High School, Tim Sykes has, since then, made an estimated $6 million profits throughout his illustrious career as a trader. When he was 25 years old, he had been given greater exposure and a larger impact when he became part of the reality series “Wall Street Warriors.” He took advantage of it to develop trading rooms, penny stock themes, and educational material aimed at those who are just beginning to learn about trading. He also helped to establish Profit.ly as a platform for openness, and for the community to lift each other up and compete on the platform.
The Profit.ly Gurus
One of Profit.ly’s most appealing features is the variety of education tools, trade alerts and other helpful stuff provided by the platform’s in-house gurus. The gurus in question refer to experts in the field of trading who have earned significant amounts of profit through their years of expertise. Tim Sykes Down To Earth Meaning
At its peak, Profit.ly had housed up to five gurus, all of them an expert within their particular field within the world of trading. Some of the prominent experts were Connor Bruggermann, Nathan Michaud of Investors Underground, and Triforce, among a few others. At the time of writing, however, only two gurus remain on the 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 the packages each guru offers.
From Tim Sykes: Tim’s Alerts
Sykes provides basic stock trading services which focuses on penny stock day trading through Tim’s Alerts. The cost is $74.95 monthly, you’ll observe him focus on fundamental stock catalysts and use them to predict the next possible moves in making trades.
A purchase on its own of Tim’s Alerts will get you access to the chatroom, as well as the mobile app available on iOS as well as Android devices, email, text, 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. At $149.95 per month, it is an ideal plan for investors who are invested in penny stock trading. Pennystocking Silver offers all the essential features found in prior plans, such as alerts for swing trading and access to an extensive collection of more than 7,000 educational videos, with new ones released each week.
From “Superman” Paul Scolardi: Superman Alerts
Scolardi who is known under the alias “Superman,” is a swing trading professional with an eye for both massive stocks of the small-cap size and insanely accurate marketing forecasts. Through the years since when he first started trading, Superman has amassed over $5.5 million in total trading earnings. Tim Sykes Down To Earth Meaning
The Superman Alerts plan is his offer of the most essential features and trading alerts targeted to those interested. For $147/month, you’ll get an access to the day-to-day premarket stock watchlist as well as the mobile app, the daily market commentary shown in real-time, and SMS and e-mail alerts.
From “Superman” Paul Scolardi: Superman Pro
For $247 per month, you can enjoy additional features and access to a knowledgeable base provided by Superman himself, via the Superman Pro package. Alongside the standard features featured in the Alerts plan, Superman Pro gives you weekly video lessons, including the growing collection of other previous ones. On top of that, you’ll also get the ability to access premium reports on research as well as an IPO or earnings monitor.
Profit.ly Programs and Costs
If you’re looking to join the trading community on the internet and make a mark on the field, Profit.ly has the right amount of resources to help you going. The platform has three membership tiers that cater to traders of different levels. Let’s break down what these three levels are and what they will cost you.
This package for novices is Profit.ly’s basic plan that is designed specifically for those who are just beginning their journey to the trading world. As you sign to this plan you’ll be offered a range of strong and indispensable trading tools, all of them integral in keeping your fingers on what could call a ruthless process by itself.
The list of features you can do using Profit.ly’s Novice program is the capability to check trades and track profits as well as leading, following and even texting other traders; and giving feedback on the trades of today. It also allows you to be on leaderboards, analyze the results of your analysis, sort, as well as filter trades and, finally, see the statistics of other traders.
The Novice plan costs $29.95 per month. Although it might look appealing for the price alone however, there’s a drawback. You aren’t able to create a personal profile, thus making your actions public. If you do want to get access to this feature, keep an eye on us as we present to you Profit.ly’s next strategy.
The Trader Plan
The Trader package lets users to benefit from the majority of features available in The Novice package. In this plan, that you can create an account that is private 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 to those who desire to harness their trading skills. While it’s nice however, there’s a crucial feature that is missing. In contrast to the Novice package, you will not be able to see other traders’ statistics that might be a drawback for those who are eager to try this new tier. Tim Sykes Down To Earth Meaning
This is by far the most premium package that Profit.ly offers to experienced traders. With $74.95 monthly, which includes an additional 22% discount for annual billing the Pro plan has everything. You get full, no-holds-barred access to all the features from the two previous plans.
You’re not only able to view other people’s stats, but you’re also given the option of creating your own private profile. These two features are on top of all the advantages that you can utilize to their fullest capacity. If you’re looking for a plan that can serve you everything you need as a skilled trader, maybe the Pro plan is for you!
Profit.ly’s Other Services
Apart from the provided trainer tools and leadersboards Profit.ly offers a number of additional services that it can provide. One of those is its online store, where customers can select from a variety of videos designed to inform and help you understand the ins and outs of trading. The products listed in this section of the website is available to be immediately purchased for personal use. Some of these include bestsellers such as”Trading Tickers, “Trading Tickers” series by trading specialist Tim Grittani, Timothy Sykes’s library of DVDs and streaming-only content related to penny stocking, short stocking, as well as all aspects of trading. There are also clips and footage of The Annual Pennystocking Conference, and items from other experts in trading.
Chat rooms integrated into Profit.ly are also part of Profit.ly’s array of services and features. You may be familiar with the concept of the chat room since you will see it on social and messaging platforms, as well as some specialty websites that offer live chat assistance. But on Profit.ly the chat room is viewed as a real-time area where experts and member traders can communicate and exchange knowledge in real-time. Every guru has their own style in operating their chat room and dealing with the members. One of them may be laid back and rarely active, while another may be more active and in touch with their students. Think of chat rooms as Profit.ly’s version of the forum in its essence.
Who is the best trader to Profit.ly?
Profit.ly’s variety of offerings and features caters to the wide range of stock traders, ranging from beginners to experienced pros. Considering the number of offers it offers it is certain to have something for all.
Beginners, for instance, will appreciate Profit.ly’s knowledge-based materials available across the platform. Not only will they be enriched with weekly videos and chat room advice from its in-house gurus as well as their members. They’ll also be able choose from the items in its online store for them to take wherever they be. You can also get hands-on experiences by trading through the platform, but ultimately they’ll realize that trading is a high stakes game that should not be viewed as an opportunity to make fun of.
For traders who have decades of experience in the line, we believe Profit.ly as equally as suitable for them as it is for people who are just beginning. While novice traders may not be as proficient in dealing with trading issues but the experts already know how it works and the stack full of risks that come with it. Ideally, they may use Profit.ly’s array of options to their maximum advantage to develop their skills in trading. As beginners, they are able to learn from the experts and experts and utilize those quick tips and tidbits throughout the process.
Profit.ly’s “all-inclusive” nature doesn’t just apply to newbies as well as semi-seasoned traders. Certified experts can also take part in the enjoyment! Trade professionals who are at the same level as Superman or Tim Sykes can also use Profit.ly’s capabilities. Profit.ly’s capabilities to display their skill to others as a way to help guide them through the ever-illustrious trading process. Tim Sykes Down To Earth Meaning
Profit.ly’s Pros and Pros and
- Profit.ly’s numerous capabilities as a “one-stop’ stock trading platform allows it to provide traders everywhere 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 collections of educational videos as well as real-time trading activities
- You’re guaranteed transparency throughout Profit.ly by using accurate data and fellow traders who are ready to reach you out if something occurs.
- The leaderboard feature of the platform offers you a way to build your reputation as a reliable and authentic trader
- Apart from its core features, Profit.ly also gives its users extra options to suit their needs, like posting trades that are not authentic by taking photographs
- Profit.ly’s wide array of subscription levels and guru packages are priced at reasonable prices – there truly is something for everyone
- Profit.ly’s abundance of products and packages offered might seem overwhelming for a lot of its customers
- If traders decide to open any kind of trade, there’s the possibility that some of them will profit by cherry-picking the best trades to increase the rating This could be a concern that should not be ignored.
- Profit.ly does not offer refunds because its premium users are expected to instantly benefit from the many features the platform is able to offer
The Final Verdict: Is Profit.ly Worth It?
If we could think of the answer, it’s an affirmative “yes”. But it is important to realize that the platform should not be used as a scheme to get rich quick. The platform wasn’t originally intended to be created in this way. Instead, you need to have an open mind. Tim Sykes Down To Earth Meaning
What we are referring to by ‘yes’ is that it could be a useful learning tool. People who are stuck might find Profit.ly’s range of resources useful in their efforts to incur lesser losses and be more successful than before. It’s not only the poor traders that can benefit from the platform. It will be able to accommodate beginners as well as even experts!
If you really desire to be a better trader and want to learn from your mentors and peers along the way, then you should look no further than Profit.ly. Profit.ly is a fantastic choice to start.
FAQ Tim Sykes Down To Earth Meaning
How can you make use of Profit.ly to make your trades public?
Profit.ly offers a trade entry portion within the My Trade’ category of the dashboard that lets you post your trades that are verified or not. There are three options:
- Connecting your account to your broker of choice and import the trades from that directly
- Manually entering your trades into the spaces provided and details
- Upload a screenshot of your transactions
How do I know whether the trade can be verified or not?
If you purchase your trade from a reputable brokerage, there’s a high probability that it’s verifiable. This is indicated with the blue check mark. If you upload it manually or through pictures, it will be classified as unverified.
The downside of having an unverified trade is the possibility of getting downvotes from your friends and colleagues. A large number of downvotes could cause you to be listed at the top of the Madoff leaderboard, which is where the public are able to identify who is untruthful in submitting trades.
Are the Profit.ly mobile application still available?
As of this writing, Profit.ly is still available for download on the Apple App Store as well as in the Google Play store. The mobile version of the app is compatible with the majority of operating tablets and smartphones.
How many are connected to Profit.ly?
Profit.ly is currently home to over 150,000 traders and investors, because they are not just seeking to make the most profit but also to help one another learn and improve in acquiring stock market opportunities both right and left.