Stock trading is an extremely risky game. Some days, you could be reaping the benefits of positive and satisfactory numbers. On other days, however, the opposite may happen and it could be very difficult to return to the point you were at your peak. If you are constantly stuck in the gutter it is important to realize that relying on your instincts and preserving is not always enough.
If you’ve suffered loss from time to time, you’re gonna be needing reliable advice from tested and tried trading experts. You’re also gonna need an enormous boost from your fellow traders from around the world, which is why we’ve identified an option that can help you to improve your performance within the field. This review will be taking a look at Profit.ly is a well-known single-stop social platform to trade!
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 How To Make Millions Download
User Experience: 4.5/5
Profit.ly can be described as an online platform for trading that permits traders of various levels to be informative responsible, transparent, and uplifting with each other through its broad array of tools and features such as trade verification, chat rooms and a rich library of educational content.
What is Profit.ly?
Profit.ly is a trading site which serves as a learning and education platform for those new to trading and as a hub for experienced traders to track their performance through the use of sophisticated analytics tools. Providing users with a wide array of options for communication and trade and letting traders from all walks of life network with each other. It also allows gurus to make worthy investments within the boundaries that the site. Think of it as a social media site akin the likes of Facebook and Reddit, but for professionals and traders.
Profit.ly independently verifies trade performances and posts all the data of them in the manner of leaderboards. The platform for trading 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 in the past by penny expert in stock trading and investment guru Timothy Sykes, along with fellow expert Michael Mosseri.
In an interview with Forbes magazine, Sykes declared that Profit.ly was motivated by its focus “on showing all trades, something that has never been done before.” This idea, he added, served two objectives: one) making public records for not just the gurus and newsletter authors and students, and 2) allowing all users to be enlightened by both losses and wins to the benefit of the trading industry. Tim Sykes How To Make Millions Download
How Does It How Does It
Profit.ly follows a subscription-based model that lets stock traders have access to a range of services and features geared toward the success of their business. It is possible to create an account on the site at no cost, however you’re only given the capability to browse the leaderboards and monitor the activities of people who aren’t gurus. If you’re looking to invest your money in order to find out which stocks the gurus are trading in real-time it is necessary to join one of Profit.ly’s offers that we’ll go over shortly.
The process of opening an account is simple: Create an account with your experience and expertise, connect to your brokerage account, and you’ll be given the chance to climb through at the very top of the list. Profit.ly’s leaders’ board feature as mentioned previously was designed to offer its users a look at their performance as a trading group as well as its gurus. You’re not just allowed to show that you’re worthy to the community of traders, as you are also able to use Profit.ly to buy with a professional with the assurance that you’re comfortable in their skills and the legitimacy of their claims.
If you’re not comfortable with the idea of sharing your brokerage account, you can decide to share your trades, verified or otherwise, through pictures. Also included in Profit.ly is the huge selection of trading classes and the capability to see stats in a trader’s profile, and more ways to connect with your gurus through the chatroom as well as email and text alerts as well as updates.
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Meet the Founder: Tim Sykes
Timothy Sykes is a well-renowned day trader who is well-known for his involvement in penny stock trading. According to Investopedia Penny stock refers to a small-sized company’s stock which trades at under $5 for each share. Penny stock trading could be viewed as an avenue for small-scale businesses to make the transition to a market that is larger as it gives them access to money from the public. But don’t be mistaken – it can also be an extremely risky activity, as Sykes will be able to tell you thanks to his years of experience.
From his beginnings at the end of his time in High School, Tim Sykes has, since then, earned more than $6 million in profit during his long and successful career as a trader. When he was 25 years old, he had been given more exposure and a wider influence over time when he was a part of the reality show “Wall Street Warriors.” He made use of the show to create trading rooms, penny stock themes, and educational content geared toward those who are just beginning to learn about trading. He also played a role in establishing Profit.ly as a platform for transparency and for the community to lift each other up and compete against each other on the platform.
The Profit.ly Gurus
One of Profit.ly’s sweet inclusions is the vast array of learning sources, trade alerts and other helpful stuff provided by the in-house experts of the platform. Gurus are referred to the trading experts who have proven to make significant amounts of profit from their combined years of knowledge. Tim Sykes How To Make Millions Download
At its height, Profit.ly had housed up to five gurus. Each of them an expert within their particular field in the trading industry. Some of the most prominent experts included Connor Bruggermann, Nathan Michaud of Investors Underground, and Triforce as well as a handful of others. At the time of writing, however, only two gurus remain on the platform: Founder of the penny stock market Tim Sykes and veteran smallcap swing trader Paul Scolardi, also known as Superman. With that taken into consideration we’ll take a look at what packaged deals each guru offers.
From Tim Sykes: Tim’s Alerts
Sykes offers a basic stock trading service which focuses on penny-priced day trading with Tim’s Alerts. The cost is $74.95 per month, you’ll be able to see him concentrate on the fundamental stock catalysts and use them to forecast the next moves that could occur when making trades.
A standalone purchase from Tim’s Alerts will get you access to the chatroom and the mobile app that’s available for iOS and Android devices; email, text, and push alerts; and a daily stock watchlist.
Tim Sykes: From Tim Sykes: The Pennystocking Silver Package
Pennystocking Silver is the highest-quality version that has been upgraded of the Tim’s Alerts package. Priced at $149.95 for a month it is a great option for investors who are involved in penny stock trading. Pennystocking Silver comes with all the standard features found in earlier plans which includes swing trading alerts and unlimited access to a collection of more than 7,000 educational videos that are updated weekly.
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In “Superman” Paul Scolardi: Superman Alerts
Scolardi who goes under the name “Superman,” is a trader who has an eye for both small-cap monumental stocks and crazy-accurate marketing forecasts. Through the years since the time he started trading, Superman has amassed over $5.5 million in all-time trading earnings. Tim Sykes How To Make Millions Download
The Superman Alerts plan is his offering of essential features and trading alerts targeted to those interested. For $147/month, you’ll get access daily stock watchlist that is premarket as well as the mobile app, the daily market commentary in real-time, and email and SMS alerts.
From “Superman” Paul Scolardi: Superman Pro
At $247/month, you get additional features, plus access to a knowledgeable base provided by Superman himself, via Superman Pro. Superman Pro package. In addition to the basic features included in the Alerts plan, Superman Pro gives you weekly video lessons, including an ever-growing library of previous lessons. In addition, you’ll also get the ability to access premium reports on research as well as the IPO as well as earnings tracking tool.
Profit.ly plans and costs
If you’re eager to join the trading community on the internet and leave a mark in the industry, Profit.ly has the right amount of resources to get you started. The platform has three membership tiers, each designed for traders of different levels. Let’s look at what the three are and how much they will cost you.
This package for novices is Profit.ly’s beginning-of-the-line plan specifically for people who are brand new to the world of trading. As 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 hands on what we can describe as a cutthroat process in and of itself.
Among the list of things you can do with Profit.ly’s Novice program is the capability to check the results of your trades and track profit and follow-up, leading and even texting your fellow traders, as well as giving feedback on the trades of today. You’re also allowed to get on leaderboards; analyze your trades, sort and filter your trades and, lastly, view the statistics of other traders.
The Novice plan costs $29.95 per monthly payment. Although it looks attractive simply because of the price, there is a downside. You aren’t able to create a personal profile, thus making your actions public. If you’re looking to have access to this feature, you should keep an eye on us as we present to you Profit.ly’s next plan.
The Trader plan allows you to take advantage of a majority of features from the Novice plan. It is in this plan that you can set up an account that is private to share with fellow associate users all the insights and knowledge you gain from trader’s community.
Costing $49.95/month, Profit.ly’s Trader plan is exactly what it says catering for those looking to improve their expertise in trading. Although it’s a nice thing, there is one significant element that’s missing. As opposed to the prior Novice package, you will not be able to view other traders’ statistics this could be a problem for those looking forward to this tier. Tim Sykes How To Make Millions Download
This is by far the highest luxurious package Profit.ly can offer to experienced traders. At $74.95 each month which includes an additional 22% discount for annual billing This plan offers everything. It gives you full, unlimited access to all features from the two previous plans combined.
Not only do you get to look at other people’s statistics, but you’re also given the opportunity to create an individual profile. Both of these options, on top of all the advantages that you can utilize to the fullest potential. If you’re looking for an option that gives you everything you need as trader with experience, the Pro tier could be ideal for you!
Profit.ly’s Other Services
Apart from the provided trainer tools and leadersboards Profit.ly provides a variety of other services they provide. One of these is its online store, where customers can select from a variety of instructional videos that are that are designed to educate and guide you through the nuances and pitfalls of trading. The products listed in this section of the site can be purchased immediately for personal use. These include best-selling products such as”Trading Tickers,” the “Trading Tickers” series by trading professional Tim Grittani, Timothy Sykes’s library of DVDs and streaming-only content about penny stocking, short stocking, as well as all related to trading, videos and clips from the Annual Pennystocking Conference, and items from other experts in trading.
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Chat rooms integrated into Profit.ly are also part of Profit.ly’s range of features and services. You may be familiar with the concept of the chat room as you will see it on social and messaging platforms, in addition to a few special websites that provide live chat support. But on Profit.ly the chat room is viewed as a hands-on place where gurus and their member traders can communicate and exchange knowledge in real-time. Every guru has their own way in operating their chat room and dealing with the listed members. One might be a laid-back person who is less engaged, while another could be more interactive and online with their students. Think of the chat rooms as Profit.ly’s version of a forum, in essence.
Who is the ideal 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. Given the wide range of options it offers it is certain to have something for every person.
Newbies, for instance, can take advantage of Profit.ly’s library of learning materials available across the platform. They will also be enriched with weekly videos and chat room tips by its internal gurus as well as their members. They’ll also be able to select from the products on its store online for them to take wherever they travel. You can also get hands-on experiences from trading within the platform, however they’ll realize that trading is a risky game that shouldn’t be taken 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 to people who are just beginning. While novice traders may not be as well-equipped with dealing with trading issues but the experts already know how it works and the risky mix associated with it. In the ideal scenario, they can use Profit.ly’s variety of options to their maximum advantage to improve their skills in trading. As beginners, they are able to study from the gurus and experts and utilize those quick tips and tidbits throughout the process.
Profit.ly’s “all-in” approach does not only apply to beginners as well as semi-seasoned traders. Verified experts can also join in the excitement! People in the trade industry who are on an equal level with Superman as well as Tim Sykes can also use Profit.ly’s capabilities. Profit.ly’s abilities to show off their skills to others as a way to help guide them through the ever-illustrious trading process. Tim Sykes How To Make Millions Download
Profit.ly’s Pros and Pros and
- Profit.ly’s diverse capabilities as a “one-stop” platform for trading stocks allows it to provide traders everywhere with a wealth of education, communication, and trading tools
- You will be taught by experts and insights from its inside experts, as well as libraries of educational videos and trading in real-time.
- You can be sure of complete transparency through Profit.ly with accurate analytics as well as other traders who are ready to reach you out whenever something happens
- The platform’s leaderboard feature gives you a way to build your credibility as a trustworthy and dependable trader
- Apart from its core capabilities, Profit.ly also gives its customers additional options to meet their individual preferences, for instance, posting unauthentic trades via screenshots
- Profit.ly’s variety of packages and subscription levels are priced at affordable rates There is truly something for everyone
- Profit.ly’s abundance of packages and products offered may not be enough for a lot of its customers
- If traders decide to open any kind of trade, there is a possibility that some of them could profit from selecting the best trades in order to increase the rating This could be a risk that shouldn’t be simply overlooked
- Profit.ly does not offer refunds because its premium users are expected to immediately benefit from the number of features the platform is able to provide
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The Final Concluding Question: Is Profit.ly Valued?
If we could come up with an appropriate answer for this query, it’s yes. But it is important to realize that this platform shouldn’t be viewed as a scheme to get rich quick. The platform was not always meant to be designed in this way. Instead, it is best to keep an open mind. Tim Sykes How To Make Millions Download
What we do mean”yes” is it is a fantastic learning tool. Those who may be stuck might be able to find Profit.ly’s range of resources to be helpful when they try their best to reduce losses and perform better than before. It’s not just the struggling traders that will benefit from the platform. It will be able to accommodate beginners as well as even experts!
If you truly care about being more successful in trading and would like to be taught by your peers and experts throughout the process, then take a look at Profit.ly. Profit.ly may be a great alternative to start.
FAQ Tim Sykes How To Make Millions Download
How can you make use of Profit.ly to make your trades public?
Profit.ly offers the option of allowing trade entries within the My Trade section of the dashboard. It lets you record your trades, either verified or otherwise. You may choose between three options:
- Linking your account with your brokerage of choice and importing transactions directly through there
- Manually inputting your trades with provided spaces and specifics
- Upload a screenshot of your transactions
What can I do to determine if the trade is verifiable or not?
If you import your trade from a reputable brokerage, there’s the probability that it’s verifiable. This is shown by the blue check mark. If you upload it in a manual way or by taking screenshots, it will automatically be assigned as unverified.
The downside of having an unverified trade is the risk of receiving downvotes from fellow peers. Too many downvotes may cause you to be listed on the Madoff leaderboard, which is where the public are able to identify who is untruthful in submitting 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 the Google Play store. The mobile version of the app works with all working smartphones and tablets.
How many people are using Profit.ly?
Profit.ly currently houses more than 150,000 investors and traders since they’re not just seeking to make the most profit but also to help one another grow and learn more about acquiring stock market opportunities left and right.