Stock trading is an exciting game with high stakes. On certain days, you may be reaping the benefits of positive and satisfying numbers. On other days, however it could be the reverse and it could be extremely difficult to get back to the point you were at your best. If you’re immersed in the water it is important to realize that relying on instinct and survival might not be enough.
If you’ve been incurring losses from time to time You’ll need solid advice from seasoned and tested trading experts. Additionally, you’ll require an important boost from colleagues in the market from all over the globe. That’s why we’ve identified a platform that can support you in your growth in the market. In this review, we’ll take a look at Profit.ly, a well-recognized 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.
Overall Rating: 4.1/5 Tim Sykes Millionaire Dvd
User Experience: 4.5/5
Profit.ly can be described as an online platform for trading that allows traders of different levels to be informative and accountable, as well as transparent and to build relationships with one another through its wide variety of tools and features such as trade verification, chat rooms, and an enriched library of educational content.
What is Profit.ly?
Profit.ly is a site for trading that functions as a learning and education platform for people new to trading and as a hub for traders who are experienced to monitor their performance using the aid of sophisticated analytics tools. It provides users with a vast variety of tools for trade and communication that help traders from every field of business connect with one another. It offers gurus with worthy investments within the boundaries of the platform. Think of it as a social media site akin to Facebook and Reddit but with a focus on professionals and traders.
Profit.ly independently checks the performance of trades and then publishes the information of them in the manner of leaderboards. The platform’s trading model is based on transparency and honesty: it guarantees that the trades are valid and won’t allow for fraud as much as possible. It was created in the past by penny expert in stock trading and investment guru Timothy Sykes, along with the other expert Michael Mosseri.
One time during his interview with Forbes magazine, Sykes said that Profit.ly was based “on showing every trade, something that was never previously done.” The idea Sykes said served two purposes: 1) keeping track of public data for not just the gurus, but also the students and newsletter writers as well as) making it possible for all users to be enlightened by the losses and wins for the trading industry’s benefit. Tim Sykes Millionaire Dvd
How Does It How Does It
Profit.ly utilizes a subscription model that lets stock traders have access to a range of tools and services that are geared at achieving the success of their business. It is possible to create an account there for free, but you’re only given access to the leaderboards and monitor the activities of non-gurus. If you’re ready to invest your money in order to find out which stocks the gurus are trading in real time it is necessary to sign up to one of Profit.ly’s offerings that we’ll review in the coming days.
The process of opening an account is easy: create a profile with your experiences and skills, join to your brokerage account and you’ll be given a chance to shoot your way to high on the leaderboard. Profit.ly’s leaders’ board feature as mentioned previously was designed to offer its users a glimpse of the performance of the trading community and its experts. It’s not just a way to prove value to a large group of traders, but you can also utilize Profit.ly to purchase from a guru with the assurance that you’re comfortable with their expertise and the credibility of their claims.
If you feel uneasy with the idea of sharing your brokerage account, you can opt to post your trades, whether verified or not, by taking photographs. 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 other methods to connect with your gurus through the chatroom along with notifications via email or text as well as updates.
Meet the Founder: Tim Sykes
Timothy Sykes is a well-renowned day trading personality who is well-known for delving his hands into the penny-stock market. According to Investopedia, a penny stock is a small business’s stock that trades for just less than 5 cents per share. The penny stock market could be viewed as a stepping stone for small-scale businesses to make the transition to a large marketplace as they can access money from the general public. But don’t make the mistake of thinking that it’s also an extremely risky game, as Sykes can surely tell thanks to his years of expertise.
Since his initial beginnings in the latter years of the high schools, Tim Sykes has, since then, made over $6 million of earnings throughout his illustrious career as a trader. At the age of 25 Sykes was given greater exposure and an even wider reach of influence when he became part of the reality series “Wall Street Warriors.” He used the opportunity to develop trading rooms and penny stock themes and educational material aimed at those who are new to the trading field. He also helped to establish Profit.ly as a place for openness, and for the community to uplift and compete with each other on the platform.
The Profit.ly Gurus
One of Profit.ly’s amazing features is the vast array of educational sources, trade alerts as well as other useful information provided by the in-house experts of the platform. Gurus are referred to the trading experts who have earned substantial profits through their years of expertise. Tim Sykes Millionaire Dvd
At its peak, Profit.ly had housed up to five gurus, all of them a pro in their field of expertise in the field of trading. Some of the most famous experts were Connor Bruggermann, Nathan Michaud of Investors Underground, and Triforce, among a few others. At the time of writing, however, only two gurus 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 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. Costing $74.95 monthly, you will observe him focus on fundamental stock catalysts and use them to predict the next possible moves in making trades.
A single purchase of Tim’s Alerts will get you access to the chatroom, as well as the mobile application that is available for iOS and 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 highest-quality version, with an upgraded version of Tim’s Alerts package. Priced at $149.95 for a month it is the perfect plan for those who are more committed to penny stock trading. Pennystocking Silver comes with all the standard features found in the previous plan, such as alerts for swing trading and access to a collection of more than 7,000 educational videos, with new ones released each week.
From “Superman” Paul Scolardi: Superman Alerts
Scolardi who goes 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 all-time trading profits. Tim Sykes Millionaire Dvd
The Superman Alerts plan is an offering of essential features and alerts on trading geared to those interested. For $147/month, you’ll get an access to the day-to-day stock watchlist that is premarket and the mobile application, daily market commentary shown in real-time, and E-mail and SMS alerts.
The film “Superman” Paul Scolardi: Superman Pro
For the price of $247, you receive additional features and access to a knowledgeable base that is provided by Superman himself through the Superman Pro package. Alongside the standard features featured in the Alerts package, 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 and an IPO and earnings tracker.
Profit.ly Plans and Costs
If you’re ready to join the trading community on the internet and leave a mark in the market, Profit.ly has the right amount of resources to get you up and running. Profit.ly offers three membership tiers that cater to traders of different levels. Let’s break down what these three are and how much they’ll cost you.
The package called Novice is Profit.ly’s beginning-of-the-line plan specifically for people who are brand new to the trading community. As you sign to this plan you’ll be offered a range of strong and vital trading tools, each one of them essential in keeping your hands on what we could call a ruthless procedure in its own.
Among the list of things you can do with Profit.ly’s Novice package include the ability to confirm trades and track profits and follow-up, leading and even chatting with other traders; and providing feedback on trades today. You can also get on leaderboards, analyze the results of your analysis, sort, or filter the trades you make and, finally, see the statistics of other traders.
The Novice plan will cost $29.95 per monthly payment. Although it looks attractive just by the price however, there’s a drawback. It isn’t possible to create a private profile, thus making your personal information public. If you’re interested in get an account with this option, stay tuned as we introduce to you Profit.ly’s new plan.
The Trader plan allows you to use many of the features of the novice plan. This plan allows that you are able to create an individual profile that allows you to share with other associate users all your knowledge and information you have gained from the trading community.
Priced at $49.95/month, Profit.ly’s Trader plan will do what the name implies caters for those looking to improve their skills in trading. While it’s nice however, there’s a crucial feature that is missing. In contrast to the Novice package, you won’t be able view the statistics of other traders this might be a drawback for those who are anticipating this level. Tim Sykes Millionaire Dvd
This is by far the most expensive plan Profit.ly could offer for seasoned traders. At $74.95 monthly, which includes a 22% discount for annual billing, this tier has everything. You will have full, unrestricted access to all the features of the previous plans.
In addition, you’ll be able to see other users’ stats as well, you’re also offered the option of creating an individual profile. These two features are in addition to the advantages that you can utilize to the fullest potential. If you’re looking for a plan that can serve you with everything you require as an experienced trader, the Pro level is for you!
Profit.ly’s Other Services
In addition to the training tools and the leadersboards Profit.ly offers a number of more services it has to provide. One of them is the online store, which allows users to select from a variety of instructional videos that are that are designed to educate and provide guidance on the ins and outs of trading. Each of the offerings listed in this section of the site can be immediately purchased for personal use. These include best-selling products such as”Trading Tickers,” the “Trading Tickers” series from trading expert Tim Grittani, Timothy Sykes’s collection of DVDs, streaming-only content about short stocking, penny stocking, as well as all things trading-related, clips and footage from events like the Annual Pennystocking Conference, and products from other expert traders.
The chat rooms that are integrated are also part of Profit.ly’s range of services and features. You may be familiar with the chat room since you can find it throughout social and messaging platforms as well as some specialty websites that provide live chat support. But in Profit.ly it’s seen as a real-time place where gurus and their members trade and exchange knowledge in real-time. Each guru has their style in operating their chat room and dealing with the listed members there. Some may be a laid-back person who is not very often active, while another might be more interactive and online to their pupils. Consider chatrooms as Profit.ly’s version of the forum, in essence.
Who is the Ideal trader to Profit.ly?
Profit.ly’s diverse range of products and features caters to an array of stock traders, from novices to the most experienced. Considering the number of offers it offers it is certain to have something for every person.
Beginners, for instance, will appreciate Profit.ly’s knowledge-based materials available across the platform. Not only will they be enriched with weekly videos and chat room tips by its internal gurus and members. They’ll also be able to pick from the merchandise available in 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 be able to realize that trading is a risky game that shouldn’t be treated as an amusing pastime.
For the traders with years of exposure down the line, we believe Profit.ly as equally as suitable to those who are just starting. Although the novices might not be as proficient in managing trading but the experts already know the way it functions and the risky mix that it carries. Ideally, they may make use of Profit.ly’s array of features to their full advantage to enhance their trading skills. As beginners, they are able to learn from the experts and experts , and use those simple tips and hints to help them along.
Profit.ly’s “all-inclusive” nature doesn’t just apply to newbies and semi-experienced traders. Experts who have been verified can also participate in the excitement! Trade professionals who are on the same level as Superman and 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 Millionaire Dvd
Profit.ly’s Pros and Pros and
- Profit.ly’s numerous capabilities as a “one-stop’ stock trading platform allows traders across the globe with tons of learning tools, communication, and trading tools
- You get to be taught by experts and insights from its internal experts, which include video libraries that teach you how to learn and trading in real-time.
- You can be sure of complete transparency through Profit.ly with accurate analytics and fellow traders ready to call you out whenever something happens
- The leaderboard feature on the platform gives you a way to build your reputation as a reliable and authentic trader
- Apart from its main features, Profit.ly also gives its customers extra options that can be tailored to their individual preferences, for instance, posting trades that are not authentic by taking screenshots
- Profit.ly’s diverse range of subscription levels and guru packages are priced at affordable rates – there truly is something for everyone
- Profit.ly’s numerous packages and products offered may not be enough for a lot of its users
- If traders decide to post any kind of trade, there is the possibility that some of them could profit from cherry-picking the best trades to improve their ratings This could be a concern that should not be overlooked.
- Profit.ly does not offer refunds because its premium users are expected to immediately benefit from the number of services that the platform can provide
The Final Verdict: Is Profit.ly Worth It?
If we were able to come up with an answer to this question, it would be an affirmative “yes”. However, you must realize that this platform shouldn’t be viewed as a scheme to get rich quick. The platform was not always meant to be designed to achieve this goal. Instead, you need to have the ability to think with an open heart. Tim Sykes Millionaire Dvd
What we do mean by ‘yes’ is that it could be a useful learning tool. For those who are struggling, they may find Profit.ly’s range of resources to be helpful when they try their best to incur lesser loss and perform better than before. Not only poor traders that can profit from the platform. It is able to accommodate novices and even experts in the field!
If you really desire to be more successful in trading and would like to be taught by your peers and experts along the way, then look no further – Profit.ly is a fantastic alternative to start.
FAQ Tim Sykes Millionaire Dvd
What are the best ways to use Profit.ly to post your trades?
Profit.ly includes an entry section for trades in the My Trade category on the dashboard. It lets you post your trades, either verified or not. There are three choices:
- Connecting your account to your broker of choice and import transactions directly through there
- Manually entering your trades using the spaces provided and details
- Upload a screenshot of your trades
How do I know if the trade is verifiable or not?
If you buy your trade from a reputable brokerage, there’s the probability that it’s verifiable. This is shown by the blue check mark. If you submit the information manually or via images, it will be classified as unverified.
The disadvantage of an unverified trade is the chance of receiving negative feedback from friends and colleagues. Too many downvotes may cause you to be listed at the top of the Madoff leaderboard, where people can see who’s fraudulent in posting trades.
Is the Profit.ly mobile app still available?
As of the moment, Profit.ly is still available to download from the App Store for Apple and on the Google Play store. The mobile app version is compatible with the majority of working smartphones and tablets.
How many people are currently on Profit.ly?
Profit.ly currently houses more than 150,000 investors and traders, because they are not just seeking to make the most profit but also to help one another learn and improve in acquiring opportunities on the stock market left and right.