Stock trading can be a high-stakes game. On some days, you may have the benefit of pleasing and positive numbers. On other days, the opposite may happen and it could be very difficult to get back to the point you were at your most productive. If you are immersed in the water You will need to realize that relying on your instincts and preserving may not always be enough.
If you’ve been incurring occasional losses You’ll need reliable advice from tested and tried trading experts. Also, you’ll need a significant boost from your fellow traders from around the globe. That’s why we’ve discovered an online platform that will help you in your improvement in the industry. In this review, we’ll take an in-depth look at Profit.ly, a well-recognized 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. Do check out our article below, however, because it has a comprehensive overview of Profit.ly.
Total Rating: 4.1/5 Tim Sykes Dvd Amazon
Value: 4.1/5
Quality: 4.1/5
Costs: 4.1/5
The User’s Experience 4.5/5
Summary
Profit.ly offers an internet-based trading service that permits traders of all levels to be informed, transparent, accountable, and to build relationships with each other by offering a wide range of features and tools such as chat rooms, trade verification, and an enriched library of educational material.
What exactly is Profit.ly?
Profit.ly is a site for trading that serves both as a learning and education platform for people new to trading as well as a place for traders who are experienced to monitor their performance using the aid of cutting-edge analytics tools. Offering users a broad range of resources to facilitate trade and communication, it helps traders from all walks of life network with each other. It gives the gurus an opportunity to invest in the right areas of the platform. Imagine it as a social media site akin like Facebook and Reddit but with a focus on professionals and traders.
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 guarantees that the trades are authentic and won’t allow for fraud as much as it is possible. It was established in the past by penny expert in stock trading and investment expert Timothy Sykes, along with fellow expert Michael Mosseri.
In an appearance in Forbes magazine Sykes stated that Profit.ly was based “on the transparency of every trade, something that was never prior to.” This idea Sykes said served two purposes: 1) creating public track records for everyone, not just the experts, but also the students and newsletter writers and secondly) allowing anyone on the platform to gain insight into both losses and wins for the trading industry’s benefit. Tim Sykes Dvd Amazon
How Does It How Does It
Profit.ly utilizes a subscription model which allows stock traders to benefit from a variety of tools and services that are geared towards achieving achievement. You can create an account on the site for free, but you’re limited to the ability to navigate through the leaderboard and follow the activities of people who aren’t gurus. If you’re looking to invest your money and see what stocks the experts are trading in real-time it is necessary to sign up to one of Profit.ly’s offerings that we’ll review in the coming days.
Making an account simple: Create an account that includes your personal information and skills, join your brokerage account, and you have yourself the chance to climb your way up to the top of the leaderboard. Profit.ly’s Leaderboard function, which was mentioned previously it is designed to provide its users a glimpse of their performance as a trading group as well as its experts. It’s not just a way to show that you’re worthy to the group of traders, but you can also utilize Profit.ly to purchase from a guru with the assurance that you’re confident in their skills and the veracity of their assertions.
If you feel uneasy with the concept of leaking information about your account with a brokerage, then you could decide to share your trades, either verified or not, via pictures. In Profit.ly are a variety of courses in trading and the capability to see the stats of a trader’s account, and more ways to communicate with your gurus via chatrooms in addition to notifications via email or text as well as updates.
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Meet Tim Sykes, the founder: Tim Sykes
Timothy Sykes is a well-renowned day trader who is well-known for his efforts in the penny-stock market. According to Investopedia Penny stock refers to a small company’s shares that trade for just less than 5 cents per share. Penny stock trading can be seen as an opportunity for small companies to move to a large marketplace as it allows them to access funds from the public. However, don’t get it wrong – it’s also a high-risk game, which Sykes can surely tell thanks to his years of experience.
Since his initial beginnings at the end of his time in the high schools, Tim Sykes has, since then, earned over $6 million of profit through his lengthy career as trader. At the age of 25 Sykes was given greater exposure and an even wider impact as a participant in the reality series “Wall Street Warriors.” He used the opportunity to develop 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 to allow the community to rise and compete against each other on the platform.
The Profit.ly Gurus
One of Profit.ly’s most appealing features is the wide range of learning tools, trade alerts and other helpful stuff provided by the company’s internal gurus. These gurus refer to experts in the field of trading who have earned substantial amounts of money through their years of experience. Tim Sykes Dvd Amazon
At its height, Profit.ly had housed up to five gurus. Each of them a pro within their particular field in the trading industry. Some of the most famous experts 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 the 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 we’ll take a look at the packaged offers each guru can offer.
From Tim Sykes: Tim’s Alerts
Sykes offers basic stock trading services which focuses on penny-stock day trading via Tim’s Alerts. At $74.95 monthly, you will be able to see him concentrate on the basic stock catalysts and employ them to predict the next moves that could occur when making trades.
A standalone purchase in Tim’s Alerts will get you access to the chatroom and the mobile app available on iOS and Android devices, as well as email, text and push alerts and a daily stock watchlist.
Tim Sykes: From Tim Sykes: The Pennystocking Silver Package
Pennystocking Silver is the most premium version, with an upgraded version of Tim’s Alerts package. At $149.95 per month, this is the perfect plan for those who are more invested in penny stock trading. Pennystocking Silver comes with all the standard features of earlier plans including swing trading alerts and unlimited access to an extensive collection of more than 7,000 educational videos, with new ones released every week.
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From “Superman” Paul Scolardi: Superman Alerts
Scolardi who goes under the name “Superman,” is a swing trading professional with an eye for small-cap monumental stocks and crazy-accurate marketing forecasts. In the time since he began as a trader, Superman has amassed over $5.5 million in total trading earnings. Tim Sykes Dvd Amazon
The Superman Alerts plan is his package of vital features and trading alerts targeted towards those who might be interested. For $147/month, you’ll get access to the daily premarket stock watchlist as well as the mobile application, daily market commentary shown in real-time, as well as email and SMS alerts.
In “Superman” Paul Scolardi: Superman Pro
At $247/month, you get additional features and access to the extensive knowledge base provided by Superman himself through the Superman Pro package. On top of the essentials that are included in the Alerts plan, Superman Pro gives you weekly video lessonsthat include the growing collection of previous lessons. In addition you’ll also have the ability to access premium reports on research and an IPO as well as earnings tracking tool.
Profit.ly Plans and Costs
If you’re ready to join the trading community on the internet and leave your mark on the market, Profit.ly has the right amount of resources to get you up and running. Profit.ly offers three membership levels, each designed for traders with different levels. Let’s look at what the three are and how much they will cost you.
Novice Plan
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. When you sign up for this package, you will be immediately offered a range of strong and essential trading tools, all of which is essential to keep your fingers on what could call a ruthless process by itself.
The list of features you can do with Profit.ly’s Novice package include the ability to confirm trades and track profits; leading, following, and even messaging your fellow traders; and giving feedback on the trades of today. You can also get on leaderboards, analyze the results of your analysis, sort, or filter the trades you make; and, finally, see other’s stats.
The Novice plan costs $29.95 per monthly payment. Although it might look appealing for the price alone however, there’s a drawback. You aren’t able to create a personal account, making your personal information public. If you’re looking to have access to this feature, you should stay tuned as we introduce to you Profit.ly’s next strategy.
Trader Plan
The Trader plan allows users to benefit from many of the features of the Novice plan. This plan allows that you can set up a private profile to share with other associates all your insights and knowledge you gain from the trading community.
The price is $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 however, there’s a crucial element that’s missing. In contrast to the Novice package, you won’t be able to see other traders’ stats this could be a disadvantage for those who are anticipating this level. Tim Sykes Dvd Amazon
Pro Plan
The Professional plan can be described as the highest expensive plan Profit.ly can offer to experienced traders. With $74.95 monthly, which includes an additional 22% discount for billing annually This plan offers it all. You get full, no-holds-barred access to all options of the previous plans combined.
In addition, you’ll be able to see other users’ stats and data, but you also have the chance to create a private profile. Both of these features, in addition to the advantages you’ll be able to use 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 level is for you!
Profit.ly’s Other Services
In addition to the trainer tools and Leaderboards Profit.ly has a few additional services that it can offer. One of those is its online store, which lets users select from a variety of videos created to guide you through the nuances and pitfalls of trading. All of the products featured in this section of the website can be purchased immediately for personal use. Among these products include best-sellers like”Trading Tickers, “Trading Tickers” series from trading specialist Tim Grittani, Timothy Sykes’s collection of DVDs and streaming-only content related to penny stocking, short stocking, and 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 integrated chat rooms are as well part of Profit.ly’s range of features and services. You may be familiar with the concept of chat rooms since you can find it throughout messaging and social platforms, as well as some specialty websites that offer live chat assistance. However, in Profit.ly the chat room is viewed as a hands-on area where experts and members trade and exchange knowledge in real-time. Each guru has their style in running their chat rooms and in dealing with the members. One of them may be more laid back and rarely active, while another may be more active and in touch with their students. Consider chatrooms 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 cater to the wide range of stock traders, from beginners to experienced pros. Considering the number of offers it can provide it is certain to have something for everyone.
Newbies, for instance, can take advantage of Profit.ly’s knowledge-based materials available across the platform. Not only will they be provided with videos every week 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 may be. They can also gain 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 amusing pastime.
For traders who have years of exposure down the road, we consider Profit.ly equally suited to people who are just beginning. Although the novices might not be as well-equipped with handling trading matters however, experienced traders know how it works along with the plethora of risks associated with it. In the ideal scenario, they can make use of Profit.ly’s range of features to their best advantage to improve their trading abilities. Like novices, they can learn from the experts and experts , and use those quick tips and tidbits to help them along.
Profit.ly’s “all-in” approach isn’t limited to novices and semi-experienced traders. Experts who have been verified can also participate in the enjoyment! Trade professionals who are on an equal level with Superman or Tim Sykes can also use the power of 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 Dvd Amazon
Profit.ly’s Pros and Pros and
The Pros
- Profit.ly’s diverse capabilities as a “one-stop” stock trading platform allows it to provide traders everywhere with a wealth of education tools, communication, and trading tools
- You’ll receive excellent training and advice from the company’s inside experts, as well as libraries of educational videos and real-time trading activities
- You can be sure of complete transparency through Profit.ly with precise analytics as well as fellow traders ready to call you out if something occurs.
- The leaderboard feature on the platform gives you the chance to establish your reputation as a reliable and verifiable trader
- In addition to its primary abilities, Profit.ly also gives its customers extra options that can be tailored to their individual preferences, for instance, posting unauthentic trades via photographs
- Profit.ly’s wide array of subscription levels and guru packages are priced at reasonable prices There’s something for every person
The Cons
- Profit.ly’s numerous packages and services offered could not be enough for most of its customers
- If traders decide to open any kind of trade, there’s the possibility that some of them could profit from cherry-picking the best trades to boost their rating – this may be a problem that shouldn’t be ignored.
- Profit.ly does not offer refunds as its premium users are expected to immediately benefit from the number of services that the platform can provide
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The Final Verdict The Final Verdict: Is Profit.ly worth it?
If we could come up with an answer to this question, it’s yes. But it is important to realize that this platform shouldn’t be viewed as a quick-fix scheme to make money. It wasn’t meant to be designed in this way. Instead, it is best to keep an open mind. Tim Sykes Dvd Amazon
What we do mean by ‘yes’ is that it is a fantastic learning tool. People who are stuck might discover Profit.ly’s variety of resources useful in their efforts to incur lesser losses and be more successful than before. Not only poor traders that can benefit from the platform. It can accommodate beginners and even experts in the field!
If you truly want to become a better trader and want to learn from your mentors and peers throughout the process, then take a look at Profit.ly. Profit.ly may be a great choice to start.
FAQ Tim Sykes Dvd Amazon
What are the best ways to use Profit.ly to post your trades?
Profit.ly has an entry section for trades under the ‘My Trade category on the dashboard which lets you post your trades that are verified or otherwise. You may choose between three options:
- Linking your account to the brokerage of choice and then importing trades directly from there
- Manually entering your trades into specified spaces and information.
- Upload a screenshot of your transactions
How can I tell whether the trade is authentic or not?
If you import your trade through a reliable brokerage, there is an excellent probability that it’s verifiable. This is shown by the small blue check. If you submit it in a manual way or by taking images, it will be assigned as unverified.
The disadvantage of an unauthentic trade is the possibility 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 can detect who’s being untruthful in submitting trades.
Are the Profit.ly mobile app still available?
At the time of writing, Profit.ly is still available for download on the Apple App Store and in the Google Play store. The mobile version of the app is compatible with the majority of functioning tablets and smartphones.
How many are connected to Profit.ly?
Profit.ly currently houses over 150,000 investors and traders as they not only are trying to maximize profits but also to help one another learn and improve in acquiring opportunities on the stock market left and right.
