The stock market can be an exciting game with high stakes. On certain days, you could be reaping the benefits of pleasing and positive numbers. On other days, the opposite may happen and it can be very difficult to return to where you were at your most productive. If you’re immersed in the water You will need be aware that relying solely on pure instinct and preservation might not be enough.
If you’ve suffered losses from time to time You’ll need sound advice from tried-and-tested trading experts. You’re also gonna need a significant boost from your fellow traders from around the globe, which is why we’ve identified an option that can help you to improve your performance within the field. This review will take the time to 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 New Dvd
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 allows traders of various levels to be informed, transparent, accountable, and uplifting with each other by offering a wide range of features and tools including trade verification, chat rooms, and an enriched library of educational material.
How do I define Profit.ly?
Profit.ly is a trading website which serves as a training and learning platform for those who are just beginning their journey and as a hub for traders who are experienced to monitor their performance using the aid of advanced analytics tools. Offering users a broad range of resources for trade and communication and letting traders from every field of business connect with one another. It offers gurus with worthwhile investments within the confines of the platform. Think of it as the social media equivalent to Facebook and Reddit but with a focus on professionals and traders.
Profit.ly independently verifies trade performances and posts all the data from them in the form of leaderboards. The platform’s trading model is based on honesty and transparency: it ensures that the trades are authentic and won’t allow for fraud as much as it is possible. It was created years ago by the penny expert in stock trading and investment guru Timothy Sykes, along with fellow expert Michael Mosseri.
One time during his appearance in Forbes publication, Sykes said that Profit.ly was motivated by its focus “on the transparency of the entire spectrum of trades, something which was never previously done.” This idea Sykes said served two objectives: one) making public records for all traders, not just the gurus and students and newsletter writers and secondly) allowing everyone on the platform to learn from both losses and wins for the trading industry’s benefit. Tim Sykes New Dvd
How Does It How Does It
Profit.ly follows a subscription-based model that allows stock traders to have access to a range of services and features geared towards achieving the success of their business. You may set up an account at no cost, however you’re only given access to the leaderboard and observe the actions of non-gurus. If you’re interested in investing your money and see which stocks the gurus are trading in real-time You’ll need to sign up to one of Profit.ly’s deals, which we will discuss in the near future.
Making an account simple: Create an account with your experience and skills, join your brokerage account, and you’ll have the chance to climb your way to the top of the leaderboard. Profit.ly’s leaderboard feature, as mentioned previously was designed to offer its users an insight into their performance as a trading group as well as its gurus. You’re not just allowed to demonstrate value to a group of traders, as you can also utilize Profit.ly to buy from a guru with the assurance that you’re confident in their skills and the legitimacy of their assertions.
If you feel uneasy with the concept of leaking information about your account with a brokerage, you can opt to post your trades, whether verified or not, via screenshots. In Profit.ly are a variety of trading classes as well as the ability to look at the stats of a trader’s account as well as other ways to interact with your experts via chatrooms along with notifications via email or text as well as updates.
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Meet Tim Sykes, the founder: Tim Sykes
Timothy Sykes is a well-renowned day trading guru who has been famously known for delving his hands into the penny-stock market. According to Investopedia the term “penny stock” refers to a small company’s stock which trades at less than $5 per share. The trading of penny stocks could be viewed as an opportunity for small businesses to transition to a market that is larger 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 experience.
From his beginnings in the latter years of 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 Tim Sykes had received greater exposure and an even wider reach of influence when he became part of the reality show “Wall Street Warriors.” Then, he made use of the show to establish trading rooms and penny stock themes and educational material aimed at people who are brand new to the trading field. He also helped to establish Profit.ly as a platform for transparency, and for the community to uplift and compete with each other through the platform.
The Profit.ly Gurus
One of Profit.ly’s amazing features is the wide range of learning tools, trade alerts as well as other useful information provided by the company’s internal gurus. These gurus refer to the experts in trading who have proven to make significant amounts of profit from their combined years of expertise. Tim Sykes New Dvd
At its peak, Profit.ly had housed up to five gurus. Each of them a pro in their niche within the world of trading. Some of the prominent gurus included Connor Bruggermann, Nathan Michaud of Investors Underground, and Triforce as well as a handful of others. As of this writing, only two gurus remain on the 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 Let’s look at what packaged deals each guru has to offer.
From Tim Sykes Tim Sykes: Tim’s Alerts
Sykes provides a basic stock trading service with the main priority being penny-priced day trading with Tim’s Alerts. At $74.95 monthly, you’ll be able to see him concentrate on the basic stock catalysts and employ them to anticipate the next move that is possible when making trades.
A purchase on its own from Tim’s Alerts will get you access to the chatroom, as well as the mobile application that is available to iOS as well as Android devices, text, e-mail and push alerts; and a daily stock watchlist.
from Tim Sykes: The Pennystocking Silver Package
Pennystocking Silver is the premium version that has been upgraded of the Tim’s Alerts package. It costs $149.95 per month, it is the perfect plan for those who are more involved in the penny-stock market. Pennystocking Silver offers all the essential features found in the previous plan, such as swing trading alerts as well as unlimited access to a rich library of more than 7,000 instructional videos, with new ones released every week.
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From “Superman” Paul Scolardi: Superman Alerts
Scolardi who goes under the alias “Superman,” is a swing trading professional with an eye for small-cap monumental stocks and crazy-accurate marketing forecasts. Since he began as a trader, Superman has amassed over $5.5 million in trading earnings. Tim Sykes New Dvd
The Superman Alerts package is his package of vital features and trading alerts targeted towards those who might be interested. For $147 per month, you’ll gain access to the daily premarket stock watchlist along with the mobile app, daily market updates in real time, and email and SMS alerts.
In “Superman” Paul Scolardi: Superman Pro
For $247 per month, you can enjoy additional features and access to an extensive base of knowledge that is provided by Superman himself, via the Superman Pro package. Alongside the standard features featured in the Alerts plan, Superman Pro gives you weekly video lessons, including the growing collection of 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 looking to join the world of online trading and leave a mark in the field, Profit.ly has the right amount of tools to get you up and running. Profit.ly offers three membership tiers, each designed for 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 basic plan that is designed specifically for those who are just beginning their journey to the trading world. When you sign up for this package, you will be immediately given a slew of robust and vital trading tools, each of them integral in keeping your fingers on what could call a ruthless process in and of itself.
Some of the features you can accomplish with Profit.ly’s Novice program is the capability to check the results of your trades and track profit; leading, following and even chatting with other traders; and providing feedback on trades today. It also allows you to be on leaderboards, analyze, sort, or filter the trades you make; and, finally, see other people’s statistics.
The Novice plan will cost $29.95 per monthly payment. Although it looks attractive for the price alone, there is a downside. It isn’t possible to create a private account, making your personal information public. If you do want to gain an account with this option, you should keep an eye on us as we present to you Profit.ly’s new plan.
Trader Plan
The Trader package allows you to use a majority of features from the Novice plan. This plan allows that you can set up an individual profile that allows you to share with fellow associate users all your knowledge and intel in trader’s community.
Priced at $49.95/month, Profit.ly’s Trader plan does what the name suggests: Cater for those looking to harness their skills in trading. Although it’s a nice thing however, there’s a crucial element that’s missing. In contrast to the Novice package, this one won’t be able view other traders’ statistics this could be a disadvantage for those who are eager to try this new tier. Tim Sykes New Dvd
Pro Plan
This is by far the most expensive plan Profit.ly offers to experienced traders. At $74.95 monthly, and a 22% discount for billing annually This plan offers it all. You get full, no-holds-barred access to all the features of the prior plans.
In addition, you’ll be able to view other people’s stats as well, you’re also offered the opportunity to create an individual profile. These two features are on top of all the advantages that you can utilize to the maximum extent. If you’re in search of a plan that can serve all the features you need to be trader with experience, the Pro level is for you!
Profit.ly’s Other Services
Apart from the provided trainer tools and leaderboards, Profit.ly has a few more services it has to offer. One of these is its online store, which allows users to select from a variety of video products created to help you understand the nuances and pitfalls of trading. All of the products featured in this section of the website can be purchased immediately for personal use. Among these products include best-sellers such as”Trading Tickers, “Trading Tickers” series by trader professional Tim Grittani, Timothy Sykes’s collection of DVDs, streaming-only content related to short stocking, penny stocking, and other related to trading, videos and footage from the Annual Pennystocking Conference, and other products by expert traders.
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Chat rooms integrated into Profit.ly are also part of Profit.ly’s array of services and features. You are probably familiar with the chat room since you will see it on social and messaging platforms and also on a few specialty websites that offer live chat support. But on Profit.ly the chat room is viewed as a real-time space where experts and their members can interact and exchange knowledge in real-time. Every guru has their own way in running their chat rooms and dealing with the members. Some may be more laid back and rarely active, while another may be more active and in touch with their students. Think of chat rooms 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 cater to the wide range of stock trader types, from beginners to experienced pros. Given the wide range of options it has to offer, the platform surely has something for every person.
Newbies, for instance, will appreciate Profit.ly’s library of learning information available on the platform. In addition, they will be enriched with weekly videos and chat room advice by its internal gurus and their members. They’ll also be able select from the products on its store online for them to take wherever they travel. You can also get hands-on experience trading on the platform, however they’ll realize that trading is a risky game that shouldn’t be taken as a joke.
For those traders who have had decades of experience in the line, we believe Profit.ly as equally as suitable to the newcomers. Although the novices might not be as adept at handling trading matters however, experienced traders know how it works along with the stack full of risks that it carries. It is ideal to use Profit.ly’s variety of options to their maximum advantage to enhance their skills in trading. Like novices, they can study from the gurus and experts , and use those short tips and tricks throughout the process.
Profit.ly’s “all-inclusive” nature isn’t limited to novices or semi-experienced trader. Verified experts can also join in the excitement! People in the trade industry who are at the same level as Superman or Tim Sykes can also use Profit.ly’s capabilities. Profit.ly’s capabilities to display their skills to others as a way to navigate them through the ever-changing trading process. Tim Sykes New Dvd
Profit.ly’s Pros and Cons
The Pros
- Profit.ly’s many capabilities as a “one-stop” stock trading platform enable it to provide traders everywhere with an abundance of knowledge tools, communication, and trading tools
- You get to be provided with excellent lessons and insights from its inside experts, as well as video libraries that teach you how to learn and trading in real-time.
- You’re guaranteed transparency throughout Profit.ly with accurate analytics as well as other traders that are waiting to reach you when something goes wrong.
- The platform’s leaderboard feature gives you a way to build your credibility as a trustworthy and authentic trader
- In addition to its primary capabilities, Profit.ly also gives its customers additional options to meet their needs, like posting unverifiable trades through images
- Profit.ly’s wide array of subscription plans and guru packages are priced at affordable rates There is truly something for every person
The Cons
- Profit.ly’s numerous packages and products offered may not be enough for the majority of its users
- If traders decide to post any kind of trade, there’s an opportunity that some them may take advantage by picking the most profitable trades to improve their ratings this could be a concern that should not be simply overlooked
- Profit.ly does not offer refunds as its premium users are expected to immediately take advantage of the numerous features the platform is able to offer
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The Final Concluding Question The Final Verdict: Is Profit.ly Worth It?
If we could think of an answer to this question, it would be a ‘yes’. But you need to understand that it shouldn’t be treated as a get-rich-quick scheme. The platform was not always designed to be used to achieve this goal. Instead, it is best to keep curiosity. Tim Sykes New Dvd
What we do mean”yes” is it can be a great learning tool. People who are stuck might be able to find Profit.ly’s array of resources helpful as they do their best to incur lesser loss and perform better than before. Not only struggling traders who will profit from the platform. It can accommodate beginners and even experts!
If you really desire to be more successful in trading and would like to be taught by your mentors and peers on the way, look no further – Profit.ly is a fantastic option to begin.
FAQ Tim Sykes New Dvd
What are the best ways to use Profit.ly to publish your trades?
Profit.ly includes an entry section for trades in the My Trade’ category of the dashboard that allows you to post your trades, verifiable or not. There are three choices:
- Connecting your account to your brokerage of choice and then importing the trades from that directly
- Manually inputting your trades with specified spaces and information.
- Take a photo of your transactions
How can I tell 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 small blue check. If you post it manually or through screenshots, it will automatically be classified as unverified.
The disadvantage of an unauthenticated trade is the chance of getting downvotes from your colleagues. Too many downvotes may result in you appearing on the Madoff leaderboard, where users are able to identify who is untruthful in submitting trades.
Is 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 is compatible with most working smartphones and tablets.
How many are on Profit.ly?
Profit.ly currently houses over 150,000 investors and traders as they not only are looking to earn maximum profits but also to help one another grow and learn more about acquiring opportunities on the stock market all over the world.
