Stock trading can be an exciting game with high stakes. On some days, you might have the benefit of positive and satisfactory numbers. On other days, however it could be the reverse and it could be very difficult to return to where you were your best. If you are immersed in the water You will need to realize that relying on your instincts and preserving might not be enough.
If you’ve experienced losses from time to time and you’re likely to require reliable advice from tested and tried trading experts. You’re also gonna need an important boost from colleagues in the market from all over the world, which is why we’ve discovered an option that can help you to improve your performance in the industry. In this review, we’ll be taking an in-depth 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. 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 How To Make Millions Free Stream
User Experience: 4.5/5
Profit.ly is an online trading platform that enables traders of various levels to be knowledgeable, transparent, accountable, and to build relationships with each other through its broad range of features and tools like trade verification, chat rooms as well as an extensive library of educational content.
What is Profit.ly?
Profit.ly is a trading site that functions as a learning and training platform for traders who are starting out and as a hub for traders who are experienced to monitor their performance through the use of advanced analytics tools. Offering users a broad array of options for communication and trade, it helps traders from all walks of life network with one another. It also allows gurus to make an opportunity to invest in the right areas of the platform. Think of it as an online social media platform similar like Facebook and Reddit, but for experts and traders.
Profit.ly independently validates trade performance and posts all the data of them in the manner of leaderboards. The trading platform is built on trust and transparency. it guarantees that the trades are valid and won’t tolerate inauthenticity as much as it is possible. It was created years ago by the penny stock trade expert and investment guru Timothy Sykes, along with his colleague Michael Mosseri.
One time during his interview with Forbes magazine Sykes stated that Profit.ly was motivated by its focus “on showing the entire spectrum of trades, something which was never previously done.” This idea, he added, served two purposes: 1) creating public track records for all traders, not just the gurus, but also the newsletter writers and students as well as) making it possible for anyone on the platform to be enlightened by the losses and wins to benefit the industry of trading. Tim Sykes How To Make Millions Free Stream
How Does It Perform?
Profit.ly utilizes a subscription model that allows stock traders to have access to a range of tools and services that are geared towards achieving success. You can create an account there at no cost, however you’re only limited to having the capability to browse the leaderboards and monitor the activities of non-gurus. If you’re looking to invest your money in order to find out which stocks the gurus are trading in real-time You’ll need to join one of Profit.ly’s offers, which we will review in the coming days.
Making an account easy: create an account with your experience and knowledge, then connect your brokerage account, and you’ll be given an opportunity to make through at the very top of the list. Profit.ly’s leaderboard feature, as mentioned previously was designed to offer its users a look at how the community of traders performs and its experts. It’s not just a way to show your worth to a large group of traders, but you are also able to use Profit.ly to purchase with a guru, and have the confidence that you are confident of their knowledge and the veracity of their claims.
If you feel uneasy with the concept of leaking the details of your broker account you may decide to share your trades, either verified or not, via pictures. In Profit.ly are a variety of trading classes and the capability to see stats in a trader’s profile, and more ways to connect with your gurus via chatrooms 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 trading guru who is famously known for delving his hands into the penny-stock market. According to Investopedia, a penny stock refers to a small company’s stock which trades at just less than 5 cents per share. The penny stock market can be seen as an opportunity for small-scale businesses to make the transition to a market that is larger as they can access funds from the public. But don’t make the mistake of thinking that it’s also an extremely risky game, as Sykes can surely tell through his many years of expertise.
Beginning in the latter years of high school, Tim Sykes has, since then, made over $6 million of profits during his long and successful career as trading professional. At the age of 25 Sykes was given greater exposure and an even wider reach of influence when he was a part of the reality series “Wall Street Warriors.” Then, he used the opportunity to create trading rooms as well as penny stock themes and educational content geared toward those who are new to the trading field. He also helped to establish Profit.ly as a place for openness, and to allow the community to rise and compete through the platform.
The Profit.ly Gurus
One of Profit.ly’s amazing features is the variety of learning sources, trade alerts as well as other useful information provided by the in-house experts of the platform. The gurus in question refer to the trading experts who have earned substantial profits from their collective years of expertise. Tim Sykes How To Make Millions Free Stream
At its peak, Profit.ly had housed up to five gurus, each of them an expert in their field of expertise in the trading industry. Some of the prominent experts included Connor Bruggermann, Nathan Michaud of Investors Underground, and Triforce among others. At the time of writing there are only two gurus who remain on the platform: Founder as well as 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 provides a basic stock trading service that focuses on penny-priced day trading with Tim’s Alerts. Costing $74.95 per month, you will observe him focus on fundamental catalysts for stocks and utilize them to predict the next move that is possible when making trades.
A standalone purchase from Tim’s Alerts will get you access to the chatroom, as well as the mobile app available to iOS as well as Android devices; text, e-mail and push alerts; as well as a daily watchlist of stocks.
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 for a month this is the perfect plan for investors who are committed to the penny-stock market. Pennystocking Silver comes with all the standard features of 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 each week.
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In “Superman” Paul Scolardi: Superman Alerts
Scolardi who is known under the alias “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 total trading earnings. Tim Sykes How To Make Millions Free Stream
The Superman Alerts plan is an package of vital features and alerts on trading geared towards those who might be interested. For just $147 per month, you’ll have access daily stock watchlist that is premarket as well as the mobile app, the daily market commentary in real-time, as well as email and SMS alerts.
In “Superman” Paul Scolardi: Superman Pro
At $247/month, you get additional features, plus access to a knowledgeable base provided by Superman himself, via the Superman Pro package. In addition to the basic features featured in the Alerts package, Superman Pro gives you weekly video lessonsthat include a growing library of all other previous ones. In addition you’ll also have access to premium research reports as well as an IPO as well as earnings tracking tool.
Profit.ly plans and costs
If you’re eager to join the world of online trading and leave your mark on the field, Profit.ly has the right amount of resources to help you started. The platform has three membership levels that are designed to accommodate traders with different levels. Let’s take a look at what these three levels are and what they’ll cost you.
The package called Novice is Profit.ly’s beginning-of-the-line plan specifically for those who are just beginning their journey to the trading world. As you sign up for this plan you’ll be provided with a variety of powerful and essential trading tools, each of which is essential to keep your fingers on what can describe as a cutthroat process in and of itself.
Some of the features you can do using Profit.ly’s Novice program is the ability to confirm the results of your trades and track profit; leading, following and even texting your fellow traders; and giving feedback on the trades of today. It also allows you to be on leaderboards, analyze your trades, sort and filter your trades; and, finally, see other people’s statistics.
The Novice plan is $29.95 per month. Although it might look appealing just by the price, there is a downside. You aren’t able to create a personal account, making your personal information public. If you’re interested in gain access to this feature, you should keep an eye on us as we present to you Profit.ly’s next strategy.
The Trader Plan
The Trader plan allows users to benefit from the majority of features available in the Novice plan. This plan allows that you can create an account that is private to share with other associates all your insights and information you have gained from trader’s community.
Costing $49.95/month, Profit.ly’s Trader plan is exactly what it says catering to those who desire to develop their trading skills. While it’s nice, there is one significant element that’s missing. As opposed to the prior Novice package, you will not be able view other traders’ statistics, which might be a drawback for some who may be eager to try this new tier. Tim Sykes How To Make Millions Free Stream
The Pro plan is the most luxurious package Profit.ly offers to experienced traders. It costs $74.95 each month with an additional 22% discount when billed annually the Pro plan has it all. You get full, no-holds-barred access to all the options of the prior plans.
Not only do you get to view other people’s stats, but you’re also given the opportunity to create your own private profile. These two features are on top of all the advantages that you can utilize to the fullest potential. If you’re in search of an option that gives you everything you need as a skilled trader, maybe the Pro level is for you!
Profit.ly’s Other Services
In addition to the training tools and the leadersboards Profit.ly has a few more services it has to offer. One of these is its online store, where customers can pick from a range of video products that are designed to educate and help you understand the ins and outs of trading. Each of the offerings listed in this section 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 specialist Tim Grittani, Timothy Sykes’s collection of DVDs, streaming-only content about penny stocking, short stocking, as well as all aspects of trading. There are also clips and footage taken from The Annual Pennystocking Conference, and products from other expert traders.
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The chat rooms that are integrated are included in Profit.ly’s range of features and services. You may be familiar with the chat room as you can find it throughout messaging and social platforms, and also on a few specialty websites that offer live chat assistance. But on Profit.ly it’s seen as a area where experts and members can interact and share knowledge in real-time. Every guru has their own way in running their chat rooms and dealing with the listed members. One of them may be a laid-back person who is rarely engaged, while another could be more interactive and online with their students. Think of chatrooms as Profit.ly’s version of a forum, in its essence.
Who is the ideal Trader for 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. With the variety of deals it can provide, the platform surely has something for all.
For instance, newbies will enjoy Profit.ly’s knowledge-based content offered throughout the platform. In addition, they will be provided with videos every week and chat room advice from the in-house experts and members. They’ll also be able select from the products from its online store to carry with them wherever they may be. Additionally, they can gain practical experiences from trading within the platform, but ultimately they’ll be able to realize that trading is a high-stakes game that shouldn’t be treated as a joke.
For those traders who have had many years of experience down the line, we see Profit.ly as equally as suitable to them as those who are just starting. While the newbies may not be as well-equipped with dealing with trading issues but the experts already know the way it functions and the risky mix that come with it. In the ideal scenario, they can use Profit.ly’s array of options to their maximum advantage to enhance their trading skills. As beginners, they are able to learn from the experts and experts and utilize those short tips and tricks throughout the process.
Profit.ly’s “all-in” approach doesn’t just apply to newbies as well as semi-seasoned traders. Experts who have been verified can also participate in the excitement! Trade professionals who are on an equal level with Superman or Tim Sykes can also use the power of Profit.ly’s capabilities to showcase their expertise to other traders as a way to guide them through the ever-illustrious trading process. Tim Sykes How To Make Millions Free Stream
Profit.ly’s Pros and Cons
- Profit.ly’s many capabilities as a “one-stop” platform for trading stocks allows traders from all over the world with an abundance of knowledge, communication, and trading tools
- You get to receive excellent training and insights from its inside experts, as well as video libraries that teach you how to learn and live trading activity.
- You’re guaranteed transparency throughout Profit.ly by using accurate data and fellow traders ready to call you out whenever something happens
- The platform’s leaderboard feature gives you the chance to establish your reputation as a reliable and authentic trader
- In addition to its primary abilities, Profit.ly also gives its customers additional options to meet their needs, like posting trades that are not authentic by taking photographs
- Profit.ly’s wide array of subscription plans and guru packages are priced at reasonable prices There is truly something for every person
- Profit.ly’s numerous packages and products offered may be too much for most of its users
- As traders may opt to open any kind of trade, there is the possibility that some of them could profit from selecting the best trades in order to improve their ratings This could be a concern that should not be ignored.
- Profit.ly does not accept refunds, as its premium users are expected to immediately benefit from the many features the platform is able to offer
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The Final Verdict The Final Verdict: Is Profit.ly Valued?
If we could come up with the answer, it’s yes. But you need to understand that this platform shouldn’t be viewed as a get-rich-quick scheme. It wasn’t intended to be created for this reason. Instead, you need to have the ability to think with an open heart. Tim Sykes How To Make Millions Free Stream
What we are referring to”yes” is it is a fantastic learning tool. For those who are struggling, they could discover Profit.ly’s range of resources useful as they do their best to reduce losses and be more successful than they did before. It’s not only the poor traders that can benefit from the platform. It can accommodate beginners and even experts!
So, if you genuinely care about being a better trader and want to learn from your peers and experts on the way, take a look at Profit.ly. Profit.ly may be a great alternative to start.
FAQ Tim Sykes How To Make Millions Free Stream
How can you make use of Profit.ly to make your trades public?
Profit.ly offers an entry section for trades in the ‘My Trade’ category of the dashboard that lets you record your trades that are verified or not. You may choose between three choices:
- Linking your account to the broker of choice and import transactions directly through there
- Manually inputting your trades with provided spaces and specifics
- Take a photo of your transactions
How do I know whether the trade is authentic or not?
If you import your trade from a reputable brokerage, there’s a high likelihood that it can be verified. This is shown by the small blue check. If you upload the information manually or via images, it will be classified as unverified.
The downside of having an unauthentic trade is the risk of receiving negative feedback from fellow peers. A large number of downvotes could result in you appearing on the Madoff leaderboard, where users can see who’s untruthful in submitting trades.
Does the Profit.ly mobile app still in use?
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 app version works with all working smartphones and tablets.
How many are connected to 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 assist each other to develop and grow in their ability to take advantage of opportunities in the stock market all over the world.