The stock market can be an extremely risky game. Some days, you may have the benefit of pleasing and positive numbers. However, on other days, the opposite may happen and it can be very difficult to return to where you were your peak. If you’re always in the mud You will need be aware that relying solely on pure instinct and preservation is not always enough.
If you’ve suffered losses from time to time, you’re gonna be needing sound advice from tried-and-tested trading experts. You’re also gonna need an enormous boost from your fellow traders from around the globe, which is why we’ve discovered an online platform that will help you in your improvement in the market. We’ll take a 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. 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 Video 7
Value: 4.1/5
Quality: 4.1/5
Costs: 4.1/5
Users Experience 4.5/5
Summary
Profit.ly can be described as an online platform for trading that enables traders of all levels to be knowledgeable responsible, transparent, and to build relationships with one another through its wide range of features and tools such as trade verification, chat rooms, and an enriched library of educational material.
How do I define Profit.ly?
Profit.ly is a site for trading which serves as a learning and education platform for those who are starting out as well as a place for experienced traders to track their performance through the use of advanced analytics tools. It provides users with a vast array of options for trade and communication that help traders from every field of business connect with one another. It offers gurus with worthwhile investments within the confines of this platform. Consider it an online social media platform similar like Facebook and Reddit, but for professionals and traders.
Profit.ly independently verifies trade performances and publishes all data of them in the manner of leaderboards. The platform for trading is built on transparency and honesty: it guarantees that the trades are valid and won’t accept fake news as long as is humanly possible. It was created many years ago by penny expert in stock trading and investment expert Timothy Sykes, along with his colleague Michael Mosseri.
One time during his interview with Forbes magazine Sykes declared that Profit.ly was based “on showing every trade, something that has never been previously done.” This idea Sykes said served two purposes: 1) creating public track records for everyone, not just the experts, but also the newsletter authors and students, and 2) giving anyone on the platform to learn from the losses and wins to the benefit of the trading industry. Tim Sykes How To Make Millions Video 7
How Does It Perform?
Profit.ly follows a subscription-based model that lets stock traders have access to a range of features and services aimed toward the success of their business. It is possible to create an account there for free, but you’re only limited to having the ability to navigate through the leaderboard and follow the activities of non-gurus. If you’re interested in investing your money and see what stocks the experts 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.
Setting up an account is easy: create an account with your experience and skills, join to your brokerage account and you have yourself an opportunity to make your way to high on the leaderboard. Profit.ly’s leaders’ board feature as mentioned previously was designed to offer its users an insight into the performance of the trading community and its experts. It’s not just a way to demonstrate value to a large group of traders. You are also able to use Profit.ly to purchase from a guru with the confidence that you are confident in their skills and the veracity of their claims.
If you’re not comfortable with the idea of divulging your brokerage account, then you could decide to share your trades, either verified or not, by taking screenshots. Included in Profit.ly are the vast number of courses in trading, the ability to view the stats of a trader’s account, and more ways to connect with your gurus through the chatroom along with email and text alerts as well as updates.
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Meet Tim Sykes, the founder: Tim Sykes
Timothy Sykes is a well-renowned day trading personality who has been famously known for delving his hands into the penny-stock market. According to Investopedia, a penny stock is a small business’s stock which trades at less than $5 per share. Penny stock trading is an opportunity for small-scale businesses to make the transition into a larger market because it gives them access to capital from the general public. But don’t make the mistake of thinking that it can also be an extremely risky game, as Sykes is sure to reveal because of his decades of expertise.
Since his initial beginnings at the end of his time in high school, Tim Sykes has, since then, earned more than $6 million in earnings through his lengthy career as trading professional. At the age of 25, he had been given greater exposure and a larger reach of influence when he became part of the reality show “Wall Street Warriors.” He made use of the show to establish trading rooms and penny stock themes and educational content geared toward those who are just beginning to learn about the trading field. He also played a role in establishing Profit.ly as a place of openness, and to allow the community to rise and compete with each other on the platform.
The Profit.ly Gurus
One of Profit.ly’s sweet inclusions is the wide range of education resources, trade alerts, and other helpful stuff provided by the company’s internal gurus. Gurus are referred to experts in the field of trading who have made substantial profits from their combined years of knowledge. Tim Sykes How To Make Millions Video 7
At its peak, Profit.ly had housed up to five gurus, all of them a professional in their niche within the world of trading. Some of the most prominent gurus included Connor Bruggermann, Nathan Michaud of Investors Underground, and Triforce as well as a handful of others. At the time of writing there are only two gurus who remain on this 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 Let’s look at the packaged offers each guru offers.
From Tim Sykes Tim Sykes: Tim’s Alerts
Sykes provides an essential stock trading service with the main priority being penny stock day trading through Tim’s Alerts. At $74.95 per month, you’ll be able to observe him focus on fundamental stock catalysts and use them to forecast 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 application that is available for iOS as well as Android devices, as well as email, text and push alerts; as well as a daily watchlist of stocks.
from Tim Sykes: The Pennystocking Silver Package
Pennystocking Silver is the highest-quality version that has been upgraded of the Tim’s Alerts package. It costs $149.95 per month, it is the perfect plan for investors who are involved in investing in penny stocks. Pennystocking Silver comes with all the standard features of prior plans, including alerts for swing trading and access to a rich library of more than 7,000 instructional videos and new videos released each week.
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The following video is 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. In the time since the time he started trading, Superman has amassed over $5.5 million in total trading earnings. Tim Sykes How To Make Millions Video 7
The Superman Alerts plan is his offering of essential features and trading alerts geared towards those who might be interested. For just $147 per month, you’ll have access to the daily stock watchlist that is premarket along with the mobile app, the daily market commentary shown in real-time, and SMS and e-mail alerts.
In “Superman” Paul Scolardi: Superman Pro
For $247 per month, you can enjoy additional features and access to a knowledgeable base of information provided by Superman himself, via the Superman Pro package. Alongside the standard features included in the Alerts package, Superman Pro gives you weekly video lessonsthat include an ever-growing library of previous lessons. Additionally you’ll also have an access to high-quality research papers as well as an IPO and earnings tracker.
Profit.ly plans and costs
If you’re eager to join the trading community on the internet and leave a mark in the field, Profit.ly has the right amount of tools to get you started. The platform has three membership levels that are designed to accommodate traders of different levels. Let’s take a look at what these three tiers are and how much they will cost you.
Novice Plan
The Novice package is Profit.ly’s beginning-of-the-line plan specifically for people who are brand new to the world of trading. When you sign up for this plan, you will be immediately provided with a variety of powerful and essential trading tools, all of which is essential to keep your fingers on what can describe as a cutthroat procedure in its own.
Among the list of things you can do using Profit.ly’s Novice package is the ability to confirm the results of your trades and track profit and follow-up, leading and even texting your fellow traders, as well as providing feedback on trades today. You can also get onto leaderboards; study your trades, sort and filter your trades and, lastly, view other people’s statistics.
The Novice plan is $29.95 per month. Although it might look appealing just by the price however, there’s a drawback. You can’t create a private profile, which makes your actions public. If you’re looking to gain access to this feature, you should be watching for us to introduce to you Profit.ly’s new plan.
The Trader Plan
The Trader plan allows users to benefit from a majority of features from The Novice package. In this plan, that you can set up an account that is private to share with fellow 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 people who want to develop their skills in trading. While it’s nice however, there’s a crucial element that’s missing. In contrast to the Novice package, you will not be able to see other traders’ statistics this could be a disadvantage for those eager to try this new tier. Tim Sykes How To Make Millions Video 7
Pro Plan
This is by far the most expensive plan Profit.ly can offer to experienced traders. It costs $74.95 each month which includes an additional 22% discount for billing annually This plan offers everything. You will have full, unrestricted access to all the features of the previous plans.
You’re not only able to see other users’ stats and data, but you also have the opportunity to create your own private profile. Both of these features, in addition to the advantages you’ll be able to use to their fullest capacity. If you’re in search of a plan that can serve you everything you need as an experienced trader, the Pro plan is for you!
Profit.ly’s Other Services
Apart from the provided tools for training and Leaderboards Profit.ly has a few additional services that it can provide. One of those is its online store, where customers can pick from a range of videos created to provide guidance on the ins and outs of trading. All of the products featured on this page of the website is available to be bought immediately for your personal use. These include best-selling products like”Trading Tickers, “Trading Tickers” series by trader expert Tim Grittani, Timothy Sykes’s collection of DVDs, streaming-only content related to penny stocking, short stocking, and all other related to trading, videos and footage from the Annual Pennystocking Conference, and items from other experts in trading.
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Chat rooms integrated into Profit.ly are included in Profit.ly’s array of services and features. You may be familiar with the chat room as you can find it throughout messaging and social platforms, as well as some specialty websites that provide live chat support. However, in Profit.ly it’s seen as a real-time area where experts and members can interact and exchange knowledge in real-time. Each guru has their style in operating their chat room and dealing with the members there. One might be laid back and less engaged, while another could be more online and communicative to their pupils. Think of chatrooms as Profit.ly’s version of the forum in essence.
Who is the best trader to Profit.ly?
Profit.ly’s diverse range of products and features caters to the wide range of stock trader types, from beginners to experienced pros. With the variety of deals it offers it is certain to have something for everyone.
Beginners, for instance, will enjoy Profit.ly’s library of learning content offered throughout the platform. They will also be provided with videos every week and chat room advice from its in-house gurus and members. They’ll also be able pick from the merchandise available from its online store to carry with them wherever they go. They can also gain hands-on experience trading on the platform, but ultimately they’ll realize that trading is a high stakes game that shouldn’t be treated as a joke.
For traders who have years of exposure down the line, we believe Profit.ly equally suited to them as 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. It is ideal to use Profit.ly’s range of features to their full advantage to develop their trading abilities. Like beginners, they can learn from the experts and experts and utilize those short tips and tricks along the way.
Profit.ly’s “all-in” approach doesn’t just apply to newbies as well as semi-seasoned traders. Verified experts can also join in the fun! People in the trade industry who are on an equal level with Superman or Tim Sykes can also use up 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 How To Make Millions Video 7
Profit.ly’s Pros and Pros and
The Pros
- Profit.ly’s numerous capabilities as a “one-stop” platform for trading stocks allows it to provide traders everywhere with tons of learning tools, communication, and trading tools
- You’ll be taught by experts and advice from the company’s in-house gurus, including libraries of educational videos and trading in real-time.
- You’re guaranteed transparency throughout Profit.ly with precise analytics and fellow traders that are waiting to reach you out if something occurs.
- The platform’s leaderboard feature gives you the chance to establish your credibility as a trustworthy 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 unauthentic trades via photographs
- Profit.ly’s variety of subscription plans and guru packages are priced at a reasonable cost – there truly is something for everyone
The Cons
- Profit.ly’s numerous packages and services offered could not be enough for most of its users
- Since traders can choose to post any kind of trade, there is an opportunity that some them will profit by selecting the best trades in order to increase the rating – this may be a risk that shouldn’t be ignored.
- Profit.ly does not offer refunds, as its premium users are expected to instantly benefit from the number of services that the platform can provide
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The Final Concluding Question The Final Verdict: Is Profit.ly Valued?
If we could come up with an appropriate answer for this query, it’s an affirmative “yes”. But you need to understand that it shouldn’t be treated as a quick-fix scheme to make money. The platform was not always intended to be created to achieve this goal. Instead, you need to have curiosity. Tim Sykes How To Make Millions Video 7
What we are referring to”yes” is that it could be a useful learning tool. For those who are struggling, they may find Profit.ly’s variety of resources useful in their efforts to avoid losses and perform better than before. Not only struggling traders that will benefit from the platform. It will be able to accommodate beginners as well as even experts in the field!
So, if you genuinely desire to be more successful in trading and would like to learn from your mentors and peers on the way, look no further – Profit.ly could be a good option to begin.
FAQ Tim Sykes How To Make Millions Video 7
How can you make use of Profit.ly to make your trades public?
Profit.ly offers a trade entry portion in the My Trade section of the dashboard which allows you to post your trades, verifiable or otherwise. You may choose between three options:
- Linking your account with your brokerage of choice and then importing trades directly from there
- Manually inputting your trades with the spaces provided and details
- Send a screen shot of your trades
How do I know if the trade is verifiable or not?
If you buy your trade through a reliable brokerage, there is a high likelihood that it can be verified. This is evident by the blue check mark. If you submit the information manually or via screenshots, it will automatically be classified as unverified.
The downside of having an unverified trade is the possibility of getting downvotes from your fellow peers. A large number of downvotes could result in you appearing on the Madoff leaderboard, where users can see who’s dishonest in posting trades.
Does the Profit.ly mobile application still available?
As of this writing, Profit.ly is still available to download via the Apple App Store and on the Google Play store. The mobile version of the app works with all operating tablets and smartphones.
How many people are on Profit.ly?
Profit.ly is currently home to over 150,000 investors and traders, because they are not just 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.
