Stock trading is an extremely risky game. On some days, you could enjoy the benefits of positive and satisfactory numbers. On other days it could be the reverse and it could be very difficult to get back to where you were your peak. If you find yourself always in the mud You will need to realize that relying on instinct and survival may not always be enough.
If you’ve experienced loss from time to time, you’re gonna be needing sound advice from tried-and-tested trading experts. Also, you’ll need an enormous boost from your colleagues in the market from all over the globe. That’s why we’ve discovered an online platform that will help you to improve your performance within the field. This review will be taking a look at Profit.ly, a well-recognized 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. 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 Outside Ebbing Missouri
Value: 4.1/5
Quality: 4.1/5
Costs: 4.1/5
User Experience: 4.5/5
Summary
Profit.ly is an online trading platform that allows traders of all levels to be informative responsible, transparent, 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.
What exactly is Profit.ly?
Profit.ly is a trading site which serves as a learning and education platform for people who are just beginning their journey and as a hub for traders with experience to keep track of their performance using the aid of sophisticated analytics tools. It provides users with a vast range of resources 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 that the site. Imagine it as an online social media platform similar like Facebook and Reddit however it is geared towards professionals and traders.
Profit.ly independently checks the performance of trades and then publishes the information from them in the style of leaderboards. The trading platform is built on honesty and transparency: it guarantees that the trades are authentic and won’t tolerate inauthenticity as much as possible. It was created in the past by penny stock trade expert and investment expert Timothy Sykes, along with fellow expert Michael Mosseri.
In an appearance in Forbes magazine Sykes declared that Profit.ly was based “on showing the entire spectrum of trades, something which was never prior to.” This idea was, he said, serving two purposes: 1) making public records for all traders, not just the gurus, but also the newsletter writers and students, and 2) allowing everyone on the platform to learn from both losses and wins to the benefit of the trading industry. Tim Sykes Outside Ebbing Missouri
How Does It Work?
Profit.ly is a subscription-based platform that allows stock traders to gain access to a multitude of services and features geared at achieving success. You may set up an account on the site for free, but you’re only given the capability to browse the leaderboards and monitor 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 will need to join one of Profit.ly’s deals, which we will review in the coming days.
Setting up an account is simple: Create a profile with your experiences and expertise, connect your brokerage account, and you have yourself a chance to shoot your way up to the top of the leaderboard. Profit.ly’s leaderboard feature, as previously mentioned it is designed to provide its users a glimpse of how the community of traders performs and its experts. You’re not just allowed to show value to a community of traders, as you are also able to use Profit.ly to shop with a professional with the assurance that you’re comfortable in their skills and the legitimacy of their assertions.
If you feel uneasy with the idea of sharing your brokerage account, you can opt to post your trades, verified or not, by taking photographs. Included in Profit.ly are a variety of courses in trading as well as the ability to look at stats in a trader’s profile as well as other ways to connect with your gurus via chatrooms as well as notifications via email or text as well as updates.
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Meet the Founder: Tim Sykes
Timothy Sykes is a well-renowned day trading personality who is famously known for delving his hands into trades in penny stocks. According to Investopedia Penny stock refers to a small-sized company’s stock that trades for under $5 for each share. Penny stock trading could be viewed as an opportunity for small-scale businesses to make the transition to a large marketplace as it allows them to access capital from the public. But don’t make the mistake of thinking that it can also be a high-risk game, which Sykes will be able to tell you thanks to his years of expertise.
Since his initial beginnings in his late years in High School, Tim Sykes has, since then, made over $6 million of profits through his lengthy career as trading professional. At the age of 25, he had been given greater exposure and an even wider influence over time when he was a part of the reality show “Wall Street Warriors.” He then took advantage of it to develop trading rooms, penny stock themes, as well as educational content targeted at those who are just beginning to learn about the trading field. He also played a role in establishing Profit.ly as a place for transparency and to allow the community to rise and compete with each other on the platform.
The Profit.ly Gurus
One of Profit.ly’s amazing features is the variety of educational sources, trade alerts as well as other useful information provided by the platform’s in-house gurus. These gurus refer to the trading experts who have made substantial profits through their years of experience. Tim Sykes Outside Ebbing Missouri
At its peak, Profit.ly had housed up to five gurus, each of them a pro in their field of expertise within the world of trading. Some of the most prominent 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 as well as penny-stock trader Tim Sykes and veteran smallcap swing trader Paul Scolardi, also known as Superman. When we take that into account, let’s take a look at the packages each guru has to offer.
From Tim Sykes Tim Sykes
Sykes offers a basic stock trading service that focuses on penny-stock day trading via Tim’s Alerts. At $74.95 for a month you will be able to see him concentrate on the fundamental catalysts for stocks and utilize them to forecast the next move that is possible when making trades.
A single purchase in Tim’s Alerts will get you access to the chatroom, as well as the mobile application that is available to iOS and 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 most premium version that has been upgraded of the Tim’s Alerts program. It costs $149.95 per month, this is a great option for those who are more involved in investing in penny stocks. Pennystocking Silver includes all the basic features that were included in prior plans, including swing trading alerts as well as unlimited access to an extensive 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 trader who has an eye for tiny-cap massive stocks as well as wildly accurate marketing forecasts. In the time since when he first started trading, Superman has amassed over $5.5 million in all-time trading profits. Tim Sykes Outside Ebbing Missouri
The Superman Alerts package is his offering of essential features and trading alerts geared toward those who may be interested. For just $147 per month, you’ll have an access to the day-to-day stock watchlist that is premarket and the mobile application, daily market commentary shown in real time, and email and SMS alerts.
The film “Superman” Paul Scolardi: Superman Pro
At $247/month, you get additional features, as well as access to an extensive base of knowledge of information provided by Superman himself via his Superman Pro package. In addition to the basic features featured in the Alerts package, Superman Pro gives you weekly video lessons, including an ever-growing library of other previous ones. In addition you’ll also gain access to premium research reports and an IPO or earnings monitor.
Profit.ly Plans and Costs
If you’re looking to join the world of online trading and make a mark on the market, Profit.ly has the right amount of tools to get you up and running. Profit.ly offers three membership tiers, each designed for traders at different levels. Let’s take a look at what these three are and how much they will cost you.
Novice Plan
This package for novices is Profit.ly’s basic plan that is designed specifically for people who are brand new to the trading world. When you sign to this plan, you will be immediately given a slew of robust and vital trading tools, all one of them essential in keeping your fingers on what we can describe as a cutthroat process by itself.
Some of the features you can do using Profit.ly’s Novice program is the capability to check trades and track profits; leading, following, and even messaging your fellow traders, as well as providing feedback on trades today. You’re also allowed to get on leaderboards, analyze your trades, sort and filter your trades and, finally, see other’s stats.
The Novice plan costs $29.95 per month. While it may look attractive for the price alone however, there’s a drawback. You can’t create a private profile, thus making your activities publicly available. If you’re interested in have the benefit of this service, be watching for us to introduce to you Profit.ly’s new plan.
Trader Plan
The Trader package lets you to use a majority of features from the Novice plan. It is in this plan that you can create an individual profile that allows you to share with other associate users all your knowledge and information you have gained from trader’s community.
The price is $49.95/month, Profit.ly’s Trader plan is exactly what it says caters people who want to improve their trading skills. As nice as it seems however, there’s a crucial feature that is missing. In contrast to the Novice package, you won’t be able to view other traders’ stats this could be a disadvantage for some who may be looking forward to this tier. Tim Sykes Outside Ebbing Missouri
Pro Plan
The Pro plan is the most expensive plan Profit.ly can offer to experienced traders. At $74.95 per month, and a 22% discount for billing annually This plan offers it all. It gives you full, unlimited access to all features of the previous plans combined.
In addition, you’ll be able to view other people’s stats as well, you’re also offered the option of creating your own private profile. These two features are on top of all the advantages you’ll be able to use to their fullest capacity. If you’re looking for a plan that can serve you everything you need as a skilled trader, maybe the Pro level is for you!
Profit.ly’s Other Services
Apart from the training tools and the Leaderboards Profit.ly offers a number of additional services that it can provide. One of them is the online store, which lets users pick from a range of videos that are designed to educate and provide guidance on the ins and outs of trading. The products listed in this section of the site can be immediately purchased for personal use. Among these products include best-sellers such as”Trading Tickers, “Trading Tickers” series by trader specialist Tim Grittani, Timothy Sykes’s library of DVDs and streaming-only content related to short stocking, penny stocking, as well as all things trading-related, clips and clips of events like the Annual Pennystocking Conference, and products from other expert traders.
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Chat rooms integrated into Profit.ly are also part of Profit.ly’s variety of services and features. You may be familiar with the chat room as you can find it throughout social and messaging platforms, in addition to a few special websites that offer live chat assistance. But in Profit.ly it’s seen as a hands-on area where experts and members can interact and learn in real time. Each guru has their style in operating their chat room and dealing with the members there. One of them may be laid back and rarely active, while another might be more online and communicative in their interactions with students. Think of the chatrooms as Profit.ly’s version of the forum, in the essence.
Who is the Ideal trader to Profit.ly?
Profit.ly’s wide range of products and features caters to the wide range of stock trader types, from novices to experienced professionals. Given the wide range of options it can provide this platform definitely has something for everyone.
Newbies, for instance, can take advantage of Profit.ly’s knowledge-based content offered throughout the platform. They will also be enriched with weekly videos and chat room tips by its internal gurus as well as their members. They’ll also be able to choose from the items in its online store that they can take with them wherever they may go. You can also get hands-on experiences by trading through the platform, but ultimately, they will soon learn that the process is a high-stakes game that should not be viewed as an opportunity to make fun of.
For the traders with many years of experience down the line, we believe Profit.ly equally suited for them as it is for people who are just beginning. While the newbies may not be as proficient in managing trading however, experienced traders know how it works and the risky mix that come with it. In the ideal scenario, they can make use of Profit.ly’s variety of options to their maximum advantage to develop their skills in trading. Like beginners, they can study from the gurus and experts , and use those quick tips and tidbits throughout the process.
Profit.ly’s “all-inclusive” nature does not only apply to beginners as well as semi-seasoned traders. Experts who have been verified can also participate in the excitement! Trade professionals 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 expertise to other traders as a way to help guide them through the ever-illustrious trading process. Tim Sykes Outside Ebbing Missouri
Profit.ly’s Pros and Pros and
The Pros
- Profit.ly’s numerous capabilities as a ‘one-stop’ platform for trading stocks allows traders from all over the world with an abundance of knowledge communications, trading, and communication tools
- You will be provided with excellent lessons and advice from the company’s in-house gurus, including video libraries that teach you how to learn and trading in real-time.
- You can be sure of complete transparency through Profit.ly with precise analytics as well as other traders that are waiting to reach you out if something occurs.
- The leaderboard feature of the platform offers you the opportunity to increase your reputation as a reliable and authentic trader
- Apart from its main features, Profit.ly also gives its customers additional options to meet their individual preferences, for instance, posting unauthentic trades via images
- Profit.ly’s diverse range of packages and subscription levels are priced at a reasonable cost – there truly is something for all
The Cons
- Profit.ly’s abundance of products and packages offered might be too much for a lot of its customers
- If traders decide to post any kind of trade, there’s an opportunity that some them could profit from selecting the best trades in order to increase the rating This could be a risk that shouldn’t be overlooked.
- Profit.ly does not offer refunds because its premium users are expected to immediately benefit from the many services that the platform can offer
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The Final Concluding Question is: Is Profit.ly Worth It?
If we were able to come up with an appropriate answer for this query, it’s a ‘yes’. But you need to understand that the platform should not be used as a get-rich-quick scheme. The platform was not always meant to be designed to achieve this goal. Instead, you should have the ability to think with an open heart. Tim Sykes Outside Ebbing Missouri
What we do mean by ‘yes’ is that it can be a great learning tool. People who are stuck might discover Profit.ly’s variety of resources to be helpful as they do their best to avoid losses and be more successful than they did before. It’s not only the struggling traders that will benefit from this platform. It is able to accommodate novices and even experts!
If you truly want to become better at trading and wish to be taught by your fellows and gurus throughout the process, then look no further – Profit.ly may be a great choice to start.
FAQ Tim Sykes Outside Ebbing Missouri
How do you use Profit.ly to make your trades public?
Profit.ly includes a trade entry portion in the ‘My Trade category on the dashboard. It allows you to post your trades, either verified or otherwise. There are three choices:
- Linking your account to the brokerage of choice and importing trades directly from there
- Manually inputting your trades with specified spaces and information.
- Send a screen shot of your trades
How do I know whether the trade is authentic or not?
If you import your trade through a reliable brokerage, there’s a high chance that it is verifiable. This is indicated with the blue check mark. If you upload it in a manual way or by taking images, it will be classified as unverified.
The downside of having an unauthenticated trade is the possibility of getting downvotes from your fellow peers. Too many downvotes may cause you to show up in the Madoff leaderboard, where people can detect who’s being 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 and on the Google Play store. The mobile app version is compatible with the majority of functioning tablets and smartphones.
How many are connected to Profit.ly?
Profit.ly currently houses over 150,000 traders and investors, since they’re not just looking to earn maximum profits but also assist each other to develop and grow in their ability to take advantage of opportunities in the stock market both right and left.
