Stock trading is a high-stakes game. Some days, you could enjoy the benefits of pleasing and positive numbers. On other days it could be the reverse and it can be very difficult to get back to where you were at your best. If you find yourself always in the mud You will need to realize that relying on pure instinct and preservation might not be enough.
If you’ve been incurring losses from time to time and you’re likely to require sound advice from tried-and-tested trading experts. Additionally, you’ll require a significant boost from your colleagues in the market from all over the globe. That’s why we’ve found an online platform that will help you in your growth in the industry. In this review, we’ll be taking an in-depth 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.
Overall Rating: 4.1/5 Tim Sykes How To Make Millions Free Download
Value: 4.1/5
Quality: 4.1/5
Costs: 4.1/5
The User’s Experience 4.5/5
Summary
Profit.ly is an online trading platform that enables traders of all levels to be informed responsible, transparent, and uplifting 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 is Profit.ly?
Profit.ly is a site for trading that functions as a training and learning platform for those who are starting out as well as a place for traders with experience to keep track of their performance through the use of advanced analytics tools. Offering users a broad array of options to facilitate trade and communication and letting traders from every field of business connect with each other. It offers gurus with worthy investments within the boundaries of this platform. Consider it an online social media platform similar to Facebook and Reddit however it is geared towards experts and traders.
Profit.ly independently validates trade performance and then publishes the information from them in the form of leaderboards. The platform’s trading model is based on honesty and transparency: it ensures that the trades are valid and won’t tolerate inauthenticity as much as possible. It was established years ago by the penny expert in stock trading and investment guru Timothy Sykes, along with his colleague Michael Mosseri.
One time , during an appearance in Forbes magazine, Sykes declared that Profit.ly was driven by its focus “on the transparency of every trade, something that has never been prior to.” The concept was, he said, serving two goals: 1.) making public records for all traders, not just the gurus, but also the newsletter writers and students, and 2) giving everyone on the platform to gain insight into both losses and wins to benefit the industry of trading. Tim Sykes How To Make Millions Free Download
How Does It Work?
Profit.ly is a subscription-based platform which allows stock traders to gain access to a multitude of tools and services that are geared toward the success of their business. It is possible to create an account on the site for free, but you’re only given the capability to browse the leaderboards and monitor the actions of non-gurus. If you’re interested in investing your money and see which stocks the gurus are trading in real-time it is necessary to join one of Profit.ly’s deals that we’ll go over shortly.
Setting up an account is simple: Create an account with your experience and expertise, connect to your brokerage account, and you’ll have an opportunity to make your way to high on the leaderboard. Profit.ly’s leaders’ board feature as we’ve mentioned earlier was designed to offer its users a glimpse of how the community of traders performs and its experts. It’s not just a way to demonstrate your worth to a group of traders, as you can also use Profit.ly to buy with a professional with the assurance that you’re confident with their expertise and the legitimacy of their claims.
If you’re not comfortable with the concept of leaking your brokerage account, you may choose to publish your trades, either verified or otherwise, through pictures. Also included in Profit.ly is the huge selection of trading classes, the ability to view stats in a trader’s profile, and more ways to connect with your gurus via chatrooms along with notifications via email or text as well as updates.
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Meet the Founder: Tim Sykes
Timothy Sykes is a well-renowned day trader who has been famously known for his involvement in the penny-stock market. According to Investopedia Penny stock refers to a small-sized company’s stock that trades for just less than 5 cents per share. The trading of penny stocks could be viewed as an avenue for small companies to move to a large marketplace as it gives them access to funds from the general public. But don’t make the mistake of thinking that it can also be an extremely risky activity, as Sykes is sure to reveal through his many years of experience.
From his beginnings at the end of his time in the high schools, Tim Sykes has, since then, earned an estimated $6 million earnings through his lengthy career as trading professional. When he was 25 years old Tim Sykes had received greater exposure and a larger impact when he became part of the reality TV show “Wall Street Warriors.” He then used the opportunity to develop trading rooms, 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 transparency and to allow the community to rise and compete against each other on the platform.
The Profit.ly Gurus
One of Profit.ly’s sweet inclusions is the variety of learning resources, trade alerts, and other helpful stuff provided by the company’s internal gurus. These gurus refer to the experts in trading who have made substantial amounts of money from their combined years of knowledge. Tim Sykes How To Make Millions Free Download
At its peak, Profit.ly had housed up to five gurus, each of them an expert in their field of expertise in the field of trading. Some of the most prominent experts included Connor Bruggermann, Nathan Michaud of Investors Underground, and Triforce, among a few others. At the time of writing, only two gurus remain on this platform: the founder of the penny stock market Tim Sykes and veteran smallcap swing trader Paul Scolardi, also known as Superman. In light of that we’ll take a look at the packages each guru has to offer.
From Tim Sykes: Tim’s Alerts
Sykes offers an essential stock trading service with the main priority being penny-stock day trading via Tim’s Alerts. The cost is $74.95 for a month you will observe him focus on fundamental catalysts for stocks and utilize them to predict the next possible moves in making trades.
A standalone purchase of Tim’s Alerts will get you access to the chatroom as well as the mobile application that is available on iOS as well as 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 program. At $149.95 per month, it is an ideal plan for investors who are involved in the penny-stock market. Pennystocking Silver offers all the essential features that were included in earlier plans which includes swing trading alerts and unlimited access to an extensive library of over 7,000 educational videos, with new ones 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 massive stocks of the small-cap size and insanely accurate marketing forecasts. In the time since the time he started trading, Superman has amassed over $5.5 million in all-time trading profits. Tim Sykes How To Make Millions Free Download
The Superman Alerts package is his offering of essential features and trading alerts targeted toward those who may be interested. For just $147 per month, you’ll have access to the daily premarket stock watchlist along with the mobile application, daily market commentary shown in real-time, as well as email and SMS alerts.
From “Superman” Paul Scolardi: Superman Pro
For the price of $247, you receive additional features, plus access to a knowledgeable base that is provided by Superman himself via the Superman Pro package. In addition to the basic features included in the Alerts package, Superman Pro gives you weekly video lessonsthat include an ever-growing library of other previous ones. On top of that, you’ll also get access to premium research reports as well as the IPO and earnings tracker.
Profit.ly plans and costs
If you’re eager to join the trading community on the internet and make a mark on the market, Profit.ly has the right amount of resources to help you started. The platform has three membership tiers that are designed to accommodate traders of different levels. Let’s look at what the three tiers are and how much they will cost you.
Novice Plan
The package called Novice is Profit.ly’s beginning-of-the-line plan specifically for people who are brand new to the trading world. Once you have signed to this plan you’ll be offered a range of strong and indispensable trading tools, each one of them essential in keeping your fingers on what we could call a ruthless process by itself.
The list of features you can do using Profit.ly’s Novice package is the ability to verify trades and track profits as well as leading, following and even texting other traders; and leaving feedback on today’s trades. You can also get on leaderboards, analyze your trades, sort or filter the trades you make and lastly, look at the statistics of other traders.
The Novice plan is $29.95 per month. Although it might look appealing simply because of the price however, there’s a drawback. You aren’t able to create a personal profile, which makes your actions public. If you do want to have an account with this option, you should keep an eye on us as we present to you Profit.ly’s new plan.
The Trader Plan
The Trader package allows you to use a majority of features from the Novice plan. This plan allows that you can create an account that is private for sharing with fellow associate users all the insights and intel in trader’s community.
Costing $49.95/month, Profit.ly’s Trader plan is exactly what it says caters to those who desire to improve their trading skills. While it’s nice however, there’s a crucial element that’s missing. Unlike the previous Novice package, you will not be able to see other traders’ statistics that might be a drawback for those eager to try this new tier. Tim Sykes How To Make Millions Free Download
Pro Plan
The Pro plan is the most luxurious package Profit.ly can offer to experienced traders. It costs $74.95 per month, with an additional 22% discount for annual billing This plan offers everything. It gives you full, unlimited access to all the features of the prior plans.
Not only do you get to view other people’s stats and data, but you also have the opportunity to create your own private profile. Both of these features, plus the other advantages you’ll be able to use to their fullest capacity. If you’re looking for an option that gives you with everything you require as an experienced trader, the Pro level is for you!
Profit.ly’s Other Services
Apart from the training tools and the leadersboards Profit.ly has a few additional services that it can provide. One of them is the online store, where customers can select from a variety of videos designed to inform and guide you through the ins and outs of trading. Each of the offerings listed on this page of the site can be bought immediately for your personal use. These include best-selling products such as”Trading Tickers, “Trading Tickers” series by trading professional Tim Grittani, Timothy Sykes’s library of DVDs and streaming-only content related to penny stocking, short stocking, as well as all things trading-related, clips and clips taken from the Annual Pennystocking Conference, and other products by expert traders.
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The chat rooms that are integrated are included in Profit.ly’s variety of features and services. You may be familiar with chat rooms since you will see it on messaging and social platforms, as well as some specialty websites that provide live chat assistance. However, in Profit.ly, it is seen as a hands-on place where gurus and their members trade and share knowledge in real-time. Each guru has their style in operating their chat room and dealing with the listed members there. One might be more laid back and rarely active, while another might be more interactive and online with their students. Think of the chatrooms as Profit.ly’s version of the forum, in its essence.
Who is the ideal Trader for Profit.ly?
Profit.ly’s wide range of products and features are geared towards a large variety of stock trader types, from novices to the most experienced. Given the wide range of options it can provide, the platform surely has something for all.
For instance, newbies will enjoy Profit.ly’s knowledge-based materials available across the platform. In addition, they will be provided with videos every week and chat room advice from the in-house experts as well as their members. They’ll also be able to choose from the items from its online store for them to take wherever they may be. Additionally, they can gain practical experiences from trading within the platform, but eventually, they will soon learn that the process is a high stakes game that should not be viewed as an amusing pastime.
For the traders with many years of experience down the line, we see Profit.ly as equally as suitable to the newcomers. Although the novices might not be as adept at managing trading however, experienced traders know how it works and the stack full of risks that come with it. Ideally, they may use Profit.ly’s range of features to their full advantage to enhance their trading skills. Like beginners, they can learn from the experts as well as experts, and take advantage of quick tips and tidbits to help them along.
Profit.ly’s “all-inclusive” nature doesn’t just apply to newbies and semi-experienced traders. Certified experts can also take part in the fun! Trade professionals who are at an equal level with Superman or Tim Sykes can also use the power of Profit.ly’s capabilities to showcase their skill to others in order to guide them through the ever-illustrious trading process. Tim Sykes How To Make Millions Free Download
Profit.ly’s Pros and Pros and
The Pros
- Profit.ly’s diverse capabilities as a “one-stop’ stock trading platform enable it to provide traders everywhere with an abundance of knowledge communications, trading, and communication tools
- You will receive excellent training and insights from its in-house gurus, including collections of educational videos as well as live trading activity.
- You’re guaranteed transparency throughout Profit.ly with precise analytics as well as fellow traders who are ready to reach you out if something occurs.
- The leaderboard feature on the platform gives you a way to build your reputation as a reliable and authentic trader
- Apart from its core features, Profit.ly also gives its customers extra options that can be tailored to their needs, like posting trades that are not authentic by taking images
- Profit.ly’s variety of subscription levels and guru packages are priced at reasonable prices There is truly something for every person
The Cons
- Profit.ly’s numerous products and packages offered might be too much for the majority of its users
- If traders decide to post any kind of trade, there’s the possibility that some of them could profit from cherry-picking the best trades to increase the rating this could be a problem that shouldn’t be ignored.
- Profit.ly will not allow refunds because the premium customers are expected to immediately benefit from the many services the platform has to offer
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The Final Verdict is: Is Profit.ly Valued?
If we were able to come up with an appropriate answer for this query, it would be a ‘yes’. But you need to understand that this platform shouldn’t be viewed as a get-rich-quick scheme. The platform was not always meant to be designed for this reason. Instead, you need to have the ability to think with an open heart. Tim Sykes How To Make Millions Free Download
What we mean”yes” is that it is a fantastic learning tool. People who are stuck might discover Profit.ly’s array of resources helpful in their efforts to avoid losses and be more successful than they did 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 in the field!
If you truly care about being better at trading and wish to learn from your mentors and peers along the way, then take a look at Profit.ly. Profit.ly may be a great alternative to start.
FAQ Tim Sykes How To Make Millions Free Download
How can you make use of Profit.ly to make your trades public?
Profit.ly offers a trade entry portion under the My Trade’ category of the dashboard which allows you to post your trades that are verified or otherwise. You may choose between three choices:
- Connecting your account to your broker of choice and import the trades from that directly
- Manually entering your trades using the spaces provided and details
- Upload a screenshot of your transactions
How do I know whether the trade is authentic or not?
If you import your trade from a trusted brokerage, there’s an excellent chance that it is verifiable. This is evident by the blue check mark. If you upload it manually or through images, it will be classified as unverified.
The disadvantage of an unverified trade is the possibility of getting downvotes from your colleagues. If you receive too many negative votes, it could cause you to show up on the Madoff leaderboard, where users are able to identify who is dishonest in posting trades.
Is the Profit.ly mobile app still in use?
As of the moment, Profit.ly is still available for download on the Apple App Store as well as in the Google Play store. The mobile app version is compatible with the majority of operating tablets and smartphones.
How many people are currently connected to Profit.ly?
Profit.ly currently houses more than 150,000 traders and investors, as they not only are trying to maximize profits but also assist each other to develop and grow in their ability to take advantage of opportunities on the stock market all over the world.
