Stock trading can be an extremely risky game. On some days, you may be reaping the benefits of positive and satisfactory numbers. However, on other days it could be the reverse and it could be very difficult to get back to where you were at your best. If you are always in the mud it is important to realize that relying on instinct and survival might not be enough.
If you’ve been incurring occasional losses, you’re gonna be needing reliable advice from tested and tried trading experts. You’re also gonna need a significant boost from your colleagues in the market from all over the globe. That’s why we’ve identified a platform that can support you in your improvement within the field. We’ll be taking an in-depth look at Profit.ly A well-respected 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 Million Dollar Pattern
The User’s Experience 4.5/5
Profit.ly is an online trading platform that permits traders of various levels to be informed responsible, transparent, and to build relationships with one another through its wide range of features and tools including chat rooms, trade verification as well as an extensive library of educational material.
What exactly is Profit.ly?
Profit.ly is a trading website 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 cutting-edge 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 gives the gurus 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 traders and experts.
Profit.ly independently checks the performance of trades and posts all the data of them in the manner of leaderboards. The platform’s trading model is based on honesty and transparency: it guarantees that the transactions are legitimate and will not accept fake news as long as it is possible. It was established in the past by penny stock trade expert and investment guru Timothy Sykes, along with the other expert Michael Mosseri.
In an appearance in Forbes publication, Sykes declared that Profit.ly was motivated by its focus “on the transparency of every trade, something that has never been done before.” This idea was, he said, serving two objectives: one) creating public track records for not just the gurus, but also the students and newsletter writers and secondly) allowing everyone on the platform to learn from both the wins and losses to benefit the industry of trading. Tim Sykes Million Dollar Pattern
How Does It How Does It
Profit.ly utilizes a subscription model that lets stock traders have access to a range of services and features geared at achieving the success of their business. You may set up an account at no cost, however you’re limited to access to the leaderboard and observe the actions of non-gurus. If you’re looking to invest your money in order to find out what stocks the experts are trading in real time, you will need to join one of Profit.ly’s offers that we’ll go over shortly.
The process of opening an account is simple: Create a profile with your experiences and expertise, connect to your brokerage account and you’ll be given the chance to climb your way up to high on the leaderboard. Profit.ly’s Leaderboard function, which was previously mentioned, is designed to give its users an insight into the performance of the trading community and its gurus. You’re not just allowed to show value to a community of traders. You can also use Profit.ly to buy with a professional with the assurance that you’re comfortable with their expertise and the credibility of their claims.
If you are unsure about the idea of divulging information about your account with a brokerage, you can choose to publish your trades, whether verified or not, by taking screenshots. Also included in Profit.ly is the huge selection of trading classes as well as the ability to look at the stats of a trader’s account, and more ways to connect with your gurus in the chatroom, in addition to text and e-mail alerts and updates.
> > Click Here to Check Out Profit.ly < <
Meet 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 refers to a small-sized company’s stock which trades at less than $5 per share. The penny stock market is an opportunity for small-scale businesses to make the transition to a market that is larger as they can access capital from the public. However, don’t get it wrong – it can also be an extremely risky game, as Sykes will be able to tell you because of his decades of expertise.
From his beginnings in his late years in high school, Tim Sykes has, since then, made more than $6 million in profits during his long and successful career as trader. At the age of 25 Sykes was given more exposure and a wider influence over time when he became part of the reality show “Wall Street Warriors.” Then, he made use of the show to create trading rooms and penny stock themes and educational material aimed at those who are new to trading. He also helped to establish Profit.ly as a platform for 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 variety of educational tools, trade alerts and other helpful stuff provided by the platform’s in-house gurus. Gurus are referred to experts in the field of trading who have proven to make substantial profits through their years of expertise. Tim Sykes Million Dollar Pattern
At its peak, Profit.ly had housed up to five gurus, each of them a professional in their field of expertise in the trading industry. Some of the most famous 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 this platform: the founder and penny stock trader Tim Sykes and veteran smallcap swing trader Paul Scolardi, also known as Superman. When we take that into account Let’s look at the packaged offers each guru offers.
From Tim Sykes Tim Sykes: Tim’s Alerts
Sykes provides a basic stock trading service that focuses on penny-priced day trading with Tim’s Alerts. The cost is $74.95 monthly, you’ll observe him focus on basic stock catalysts and employ them to anticipate the next move that is possible when trading.
A purchase on its own of Tim’s Alerts will get you access to the chatroom as well as the mobile app available on iOS as well as Android devices, as well as texts, emails and push alerts and a daily stock watchlist.
from Tim Sykes: The Pennystocking Silver Package
Pennystocking Silver is the highest-quality version, with an upgraded version of Tim’s Alerts program. It costs $149.95 for a month it is a great option for those who are involved in the penny-stock market. Pennystocking Silver offers all the essential features that were included in earlier plans including alerts for swing trading and access to a rich library of over 7,000 educational videos that are updated every week.
> > Click Here to Check Out Profit.ly < <
The following video is from “Superman” Paul Scolardi: Superman Alerts
Scolardi who is known under the name “Superman,” is a swing trading professional with an eye for both massive stocks of the small-cap size and insanely accurate marketing forecasts. Through the years since when he first started trading, Superman has amassed over $5.5 million in trading profits. Tim Sykes Million Dollar Pattern
The Superman Alerts plan is his offering of essential features and trading alerts geared to those interested. For just $147 per month, you’ll have access daily stock watchlist that is premarket and the mobile application, daily market updates in real-time, and SMS and e-mail alerts.
The film “Superman” Paul Scolardi: Superman Pro
At $247/month, you get additional features, as well as access to the extensive knowledge base that is provided by Superman himself through Superman Pro. Superman Pro package. Alongside the standard features that are included in the Alerts plan, Superman Pro gives you daily video lessons, which include a growing library of all previous lessons. Additionally, 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 online trading community and leave a mark in the field, Profit.ly has the right amount of resources to help you started. The platform offers three membership levels that are designed to accommodate traders at different levels. Let’s look at what the three tiers are and how much they will cost you.
The package called Novice is Profit.ly’s entry-level plan designed especially for people who are brand new to the trading world. Once you have signed up for this package, you will be immediately given a slew of robust and indispensable trading tools, each one of them essential in keeping your fingers on what call a competitive procedure in its own.
Among the list of things you can do with Profit.ly’s Novice package is the ability to confirm the results of your trades and track profit and follow-up, leading and even chatting with your fellow traders; and providing feedback on trades today. It also allows you to be onto leaderboards; study, sort, as well as filter trades and lastly, look at other people’s statistics.
The Novice plan is $29.95 per monthly payment. Although it looks attractive for the price alone however, there’s a drawback. You aren’t able to create a personal profile, thus making your actions public. If you’re looking to get access to this feature, stay tuned as we introduce to you Profit.ly’s next strategy.
The Trader package lets you to use the majority of features available in the novice plan. It is in this plan that you are able to create a private profile to share with fellow associate users all your knowledge and knowledge you gain from this trading group.
Costing $49.95/month, Profit.ly’s Trader plan does what the name suggests: Cater to those who desire to improve their trading skills. While it’s nice, there is one significant aspect that’s not included. In contrast to the Novice package, this one won’t be able to view other traders’ statistics, which could be a disadvantage for those who are eager to try this new tier. Tim Sykes Million Dollar Pattern
The Professional plan can be described as the highest expensive plan Profit.ly could offer for seasoned traders. It costs $74.95 per month, and a 22% discount when billed annually the Pro plan has it all. You will have full, unrestricted access to all the features from the two previous plans combined.
Not only do you get to view other people’s stats, but you’re also given the chance to create your own private profile. Both of these options, in addition to the benefits that you can use to their fullest capacity. If you’re looking for an option that gives you everything you need as trader with experience, the Pro tier could be the right choice for you!
Profit.ly’s Other Services
Apart from the provided training tools and the leadersboards Profit.ly offers a number of more services it has to offer. One of them is the online store, where customers can select from a variety of instructional videos that are that are designed to educate and help you understand the ins and outs of trading. All of the products featured in this section of the website can be purchased immediately for personal use. These include best-selling products like the “Trading Tickers” series by trading specialist Tim Grittani, Timothy Sykes’s collection of DVDs, streaming-only content on short stocking, penny stocking, and other aspects of trading. There are also clips and clips from The Annual Pennystocking Conference, and items from other experts in trading.
> > Click Here to Check Out Profit.ly < <
The chat rooms that are integrated are included in Profit.ly’s variety of services and features. You are probably familiar with chat rooms since you can find it throughout messaging and social platforms, and also on a few specialty websites that offer live chat support. But in Profit.ly, it is seen as a space where experts and their members can interact and share knowledge in real-time. Each guru has their style when it comes to running their chat room and in dealing with the members there. One might be laid back and not very often active, while another might be more active and in touch in their interactions with students. Think of chatrooms as Profit.ly’s version of the forum in the essence.
Who is the ideal Trader for Profit.ly?
Profit.ly’s variety of offerings and features cater to the wide range of stock traders, from novices to the most experienced. Given the wide range of options it can provide this platform definitely has something for every person.
For instance, newbies will enjoy Profit.ly’s knowledge-based content offered throughout the platform. They will also be enriched with weekly videos and chat room tips from its in-house gurus as well as their members. They’ll also be able to select from the products in its online store that they can take with them wherever they be. You can also get hands-on experiences by trading through the platform, but eventually they’ll realize that trading is a high stakes game that shouldn’t be treated as an amusing pastime.
For those traders who have had decades of experience in the line, we believe Profit.ly as equally as suitable for them as it is for the newcomers. Although the novices might not be as well-equipped with managing trading but the experts already know how it works along with the risky mix associated with it. It is ideal to use Profit.ly’s range of features to their best advantage to enhance their trading abilities. Like novices, they can study from the gurus and experts , and use those quick tips and tidbits throughout the process.
Profit.ly’s “all-inclusive” nature doesn’t just apply to newbies or semi-experienced trader. Certified experts can also take part in the enjoyment! People in the trade industry who are at an equal level with Superman or Tim Sykes can also use the power of Profit.ly’s abilities to show off their skills to others as a way to navigate them through the ever-changing trading process. Tim Sykes Million Dollar Pattern
Profit.ly’s Pros and Cons
- Profit.ly’s diverse capabilities as a ‘one-stop’ platform for trading stocks allows it to provide traders everywhere with an abundance of knowledge tools, communication, and trading tools
- You get to receive excellent training and tips from the internal experts, which include video libraries that teach you how to learn and live trading activity.
- You’re assured of transparency throughout Profit.ly with accurate analytics as well as fellow traders ready to call you when something goes wrong.
- The leaderboard feature of the platform offers you the opportunity to increase your reputation as a reliable and authentic trader
- Apart from its core capabilities, Profit.ly also gives its customers extra options that can be tailored to their needs, like posting unverifiable trades through screenshots
- Profit.ly’s diverse range of subscription levels and guru packages are priced at affordable rates There is truly something for all
- Profit.ly’s abundance of packages and products offered may be too much for most of its users
- Since traders can choose to post any kind of trade, there is the possibility that some of them may take advantage by cherry-picking the best trades to increase the rating this could be a risk that shouldn’t be ignored.
- Profit.ly will not allow refunds because its premium users are expected to instantly benefit from the many services that the platform can provide
> > Click Here to Check Out Profit.ly < <
The Final Concluding Question is: Is Profit.ly Worth It?
If we could think of an appropriate answer for this query, it would be an affirmative “yes”. But it is important to realize that this platform shouldn’t be viewed as a quick-fix scheme to make money. The platform wasn’t originally designed to be used to achieve this goal. Instead, you should have curiosity. Tim Sykes Million Dollar Pattern
What we do mean by ‘yes’ is that it can be a great learning tool. Those who may be stuck could be able to find Profit.ly’s range of resources helpful as they do their best to avoid losses and be more successful than before. Not only poor traders that can benefit from this platform. It can accommodate beginners and even experts!
If you really want to become better at trading and wish to be taught by your peers and experts throughout the process, then take a look at Profit.ly. Profit.ly may be a great option to begin.
FAQ Tim Sykes Million Dollar Pattern
How do you use Profit.ly to make your trades public?
Profit.ly offers a trade entry portion in the ‘My Trade’ category of the dashboard which lets you record your trades that are verified or not. You may choose between three choices:
- Linking your account to the brokerage of choice and then importing transactions directly through there
- Manually entering your trades into specified spaces and information.
- Send a screen shot of your transactions
How do I know whether the trade is authentic or not?
If you purchase your trade from a reputable brokerage, there’s the likelihood that it can be verified. This is indicated with the small blue check. If you post it manually or through pictures, it will be classified as unverified.
The downside of having an unverified trade is the risk of receiving downvotes from fellow peers. If you receive too many negative votes, it could cause you to show up in the Madoff leaderboard, where users can detect who’s being fraudulent in posting trades.
Is the Profit.ly mobile app still in use?
At the time of writing, Profit.ly is still available to download from the App Store for Apple and the Google Play store. The mobile version of the app is compatible with most working smartphones and tablets.
How many people are currently using Profit.ly?
Profit.ly currently houses more than 150,000 investors and traders, because they are not just trying to maximize profits but also assist each other to learn and improve in acquiring opportunities on the stock market all over the world.