Stock trading is a high-stakes game. On some days, you could have the benefit of positive and satisfactory numbers. However, on other days, the opposite may happen, and it may sometimes be very difficult to get back to the point you were at your peak. If you find yourself always in the mud, you will have be aware that relying solely on your instincts and preserving is not always enough.
If you’ve experienced losses from time to time You’ll need solid advice from seasoned and tested trading experts. You’re also gonna need a significant boost from your fellow traders from around the globe. That’s why we’ve found an online platform that will help you in your growth in the industry. This review will be taking the time to look at Profit.ly is a well-known 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. Do check out our article below, however, because it has a comprehensive overview of Profit.ly.
Overall Rating: 4.1/5 Tim Sykes Penny Stock Alerts
The User’s Experience 4.5/5
Profit.ly is an online trading platform that permits traders of different levels to be informed responsible, transparent, and uplifting with each other by offering a wide array of tools and features including chat rooms, trade verification and a rich library of educational material.
What exactly is Profit.ly?
Profit.ly is a trading website that functions as a learning and education platform for people new to trading and as a hub for traders with experience to keep track of their performance using the aid of advanced analytics tools. Offering users a broad array of options for trade and communication and letting traders from every field of business connect with each other. It also allows gurus to make an opportunity to invest in the right areas of this platform. Think of it as a social media site akin the likes of Facebook and Reddit but with a focus on traders and experts.
Profit.ly independently checks the performance of trades and then publishes the information of them in the manner of leaderboards. The platform for trading is built on trust and transparency. it guarantees that the trades are valid and won’t tolerate inauthenticity as much as it is possible. It was established years ago by the penny stock trade expert and investment guru Timothy Sykes, along with the other expert Michael Mosseri.
One time during his appearance in Forbes magazine, Sykes said that Profit.ly was based “on the transparency of the entire spectrum of trades, something which was never previously done.” The idea, he added, served two objectives: one) creating public track records for not just the gurus and newsletter authors and students and secondly) making it possible for anyone on the platform to gain insight into both the wins and losses to the benefit of the trading industry. Tim Sykes Penny Stock Alerts
How Does It How Does It
Profit.ly is a subscription-based platform which allows stock traders to have access to a range of services and features geared at achieving success. It is possible to create an account for free, but you’re limited to the ability to navigate through the leaderboard and follow the activities of people who aren’t gurus. If you’re interested in investing your money and see what stocks the experts are trading in real-time it is necessary to sign up to one of Profit.ly’s offers that we’ll discuss in the near future.
Setting up an account is easy: create a profile with your experiences and skills, join to your brokerage account, and you’ll have an opportunity to make your way to high on the leaderboard. Profit.ly’s Leaderboard function, which was we’ve mentioned earlier was designed to offer its users a glimpse of their performance as a trading group and its experts. It’s not just a way to show value to a group of traders. You can also utilize Profit.ly to buy from a guru with the assurance that you’re confident of their knowledge and the credibility of their claims.
If you are unsure about the idea of divulging information about your account with a brokerage, you can opt to post your trades, whether verified or otherwise, through pictures. Included in Profit.ly are a variety of trading classes and the capability to see statistics on a person’s profile, and more ways to interact with your experts via chatrooms along with text and e-mail alerts and updates.
Meet Tim Sykes, the founder: Tim Sykes
Timothy Sykes is a well-renowned day trading personality who is famously known for his involvement in the penny-stock market. According to Investopedia, a penny stock is a small business’s stock which trades at just less than 5 cents per share. The trading of penny stocks can be seen as an avenue for small companies to move to a market that is larger as they can access money from the public. But don’t be mistaken – it can also be an extremely risky game, as Sykes can surely tell through his many years of experience.
Beginning in the latter years of high school, Tim Sykes has, since then, made an estimated $6 million earnings through his lengthy career as trader. At the age of 25 Tim Sykes had received greater exposure and a larger reach of influence when he became part of the reality show “Wall Street Warriors.” He took advantage of it to establish trading rooms as well as penny stock themes as well as educational content targeted at people who are brand new to trading. He also helped establish Profit.ly as a place of transparency, and for the community to lift each other up and compete on the platform.
The Profit.ly Gurus
One of Profit.ly’s most appealing features is the wide range of education resources, trade alerts, and other useful stuff offered by the company’s internal gurus. The gurus in question refer to experts in the field of trading who have made significant amounts of profit through their years of experience. Tim Sykes Penny Stock Alerts
At its height, Profit.ly had housed up to five gurus, each of them a pro within their particular field 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. As of this writing, there are only two gurus who 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
Sykes provides an essential stock trading service that focuses on penny stock day trading through Tim’s Alerts. At $74.95 for a month you’ll be able to observe him focus on fundamental catalysts for stocks and utilize them to predict the next moves that could occur when making trades.
A purchase on its own from Tim’s Alerts will get you access to the chatroom and the mobile app that’s available for iOS as well as 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 premium version that has been upgraded of the Tim’s Alerts package. At $149.95 per month, it is the perfect plan for investors who are committed to the penny-stock market. Pennystocking Silver offers all the essential features found in earlier plans including alerts for swing trading and access to an extensive library of more than 7,000 instructional videos, with new ones released every week.
From “Superman” Paul Scolardi: Superman Alerts
Scolardi who is known under the alias “Superman,” is a professional in swing trading with an eye for tiny-cap massive stocks as well as wildly accurate marketing forecasts. Since he began as a trader, Superman has amassed over $5.5 million in trading profits. Tim Sykes Penny Stock Alerts
The Superman Alerts plan is an package of vital features and alerts on trading geared toward those who may be interested. For $147 per month, you’ll gain access to the daily stock watchlist that is premarket and the mobile app, the daily market commentary in real-time, as well as email and SMS alerts.
From “Superman” Paul Scolardi: Superman Pro
For $247 per month, you can enjoy additional features, plus access to an extensive base of knowledge provided by Superman himself through Superman Pro. Superman Pro package. On top of the essentials featured in the Alerts plan, Superman Pro gives you daily video lessons, which include the growing collection of other previous ones. On top of that, you’ll also get an access to high-quality research papers and an IPO and earnings tracker.
Profit.ly plans and costs
If you’re ready to join the world of online trading and leave your mark on the field, Profit.ly has the right amount of resources to help you going. The platform offers three membership levels that cater to traders of different levels. Let’s take a look at what these three levels are and what they will cost you.
This package for novices is Profit.ly’s entry-level plan designed especially for people who are brand new to the world of trading. As you sign up for this plan you’ll be offered a range of strong and indispensable trading tools, all of which is essential to keep your fingers on what we can describe as a cutthroat procedure in its own.
Some of the features you can accomplish using Profit.ly’s Novice program is the ability to confirm the results of your trades and track profit and follow-up, leading and even chatting with your fellow traders, as well as providing feedback on trades today. You can also get on leaderboards; analyze your trades, sort as well as filter trades; and, finally, see other people’s statistics.
The Novice plan will cost $29.95 per month. Although it might look appealing for the price alone, there is a downside. It isn’t possible to create a private profile, which makes your personal information public. If you’re looking to get an account with this option, you should keep an eye on us as we present to you Profit.ly’s next plan.
The Trader Plan
The Trader plan allows users to benefit from a majority of features from The Novice package. It is in this plan that you can create an account that is private for sharing with fellow associate users all the insights and knowledge you gain from this trading group.
The price is $49.95/month, Profit.ly’s Trader plan will do what the name implies: Cater people who want to improve their skills in trading. As nice as it seems however, there’s a crucial feature that is missing. As opposed to the prior Novice package, you will not be able to view other traders’ statistics that could be a disadvantage for those who are anticipating this level. Tim Sykes Penny Stock Alerts
This is by far the highest luxurious package Profit.ly can offer to experienced traders. It costs $74.95 per month, with 22% off for billing annually, this tier has everything. You get full, no-holds-barred access to all the features from the two prior plans.
In addition, you’ll be able to look at other people’s statistics and data, but you also have the opportunity to create a private profile. Both of these options, plus the other advantages you’ll be able to use to the fullest potential. If you’re in search of an option that gives you everything you need as trader with experience, the Pro level is ideal for you!
Profit.ly’s Other Services
Apart from the training tools and the leaderboards, Profit.ly provides a variety of other services they offer. One of those is its online store, which lets users select from a variety of instructional videos that are that are designed to educate and provide guidance on the ins and outs of trading. The products listed on this page of the site can be purchased immediately for personal use. Some of these include bestsellers such as the “Trading Tickers” series by trading professional Tim Grittani, Timothy Sykes’s collection of DVDs, streaming-only content about short stocking, penny stocking, as well as all related to trading, videos and clips taken from the Annual Pennystocking Conference, and items from other experts in trading.
The chat rooms that are integrated are included in Profit.ly’s array of services and features. You are probably familiar with the concept of the chat room since you will see it on social and messaging platforms, as well as some specialty websites that provide live chat assistance. However, in Profit.ly the chat room is viewed as a hands-on place where gurus and their members can interact and exchange knowledge in real-time. Each guru has their style in running their chat rooms and dealing with the members there. Some may be a laid-back person who is rarely engaged, while another could be more active and in touch in their interactions with students. Think of chat rooms 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 are geared towards the wide range of stock traders, from novices to experienced professionals. With the variety of deals it offers, the platform surely has something for everyone.
For instance, newbies can take advantage of Profit.ly’s collection of educational content offered throughout the platform. They will also be provided with videos every week and chat room tips from the in-house experts and their members. They’ll also be able to pick from the merchandise available from its online store to carry with them wherever they may travel. Additionally, they can gain practical experiences from trading within the platform, however they’ll be able to realize that this is a risky game that shouldn’t be treated as a joke.
For traders who have decades of experience in the road, we consider Profit.ly equally suited to them as those who are just starting. Although the novices might not be as proficient in managing trading, the pros already understand how it works and the plethora of risks that come with it. It is ideal to use Profit.ly’s variety of features to their full advantage to enhance their trading abilities. As beginners, they are able to learn from the experts and experts and utilize those simple tips and hints to help them along.
Profit.ly’s ‘all-together’ nature does not only apply to beginners or semi-experienced trader. Experts who have been verified can also participate in the excitement! Those in the trading industry who are on an equal level with 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 assist them in the ever-changing trading process. Tim Sykes Penny Stock Alerts
Profit.ly’s Pros and Cons
- Profit.ly’s many capabilities as a ‘one-stop’ platform for trading stocks allows it to provide traders everywhere with an abundance of knowledge communications, trading, and communication tools
- You will receive excellent training and advice from the company’s inside experts, as well as video libraries that teach you how to learn and live trading activity.
- You’re guaranteed transparency throughout Profit.ly by using accurate data as well as fellow traders who are ready to reach you out whenever something happens
- The leaderboard feature of the platform offers you a way to build your reputation as a reliable and authentic trader
- Apart from its core abilities, Profit.ly also gives its users extra options to suit their preferences, such as posting trades that are not authentic by taking photographs
- Profit.ly’s wide array of subscription plans and guru packages are priced at affordable rates There is truly something for everyone
- Profit.ly’s bountiful stream of products and packages offered might not be enough for a lot of its customers
- As traders may opt to make any type of trade, there is a possibility that some of them will profit by selecting the best trades in order to boost their rating This could be a problem that shouldn’t be simply overlooked
- Profit.ly does not accept refunds because the premium customers are expected to immediately take advantage of the numerous features the platform is able to offer
The Final Concluding Question: Is Profit.ly worth it?
If we could think of the answer, it would be yes. But it is important to realize that this platform shouldn’t be viewed as a get-rich-quick scheme. It wasn’t meant to be designed in this way. Instead, you should have an open mind. Tim Sykes Penny Stock Alerts
What we mean”yes” is that it could be a useful learning tool. Those who may be stuck might find Profit.ly’s array of resources helpful in their efforts to avoid losses and perform better than before. It’s not just the struggling traders that will profit from the platform. It will be able to accommodate beginners as well as even experts in the field!
If you really care about being better at trading and wish to learn from your mentors and peers throughout the process, then you should look no further than Profit.ly. Profit.ly is a fantastic option to begin.
FAQ Tim Sykes Penny Stock Alerts
What are the best ways to use Profit.ly to publish your trades?
Profit.ly offers the option of allowing trade entries within the My Trade category on the dashboard that allows you to post your trades, verifiable or not. You may choose between three options:
- Connecting your account to your brokerage of choice and importing transactions directly through there
- Manually entering your trades into provided spaces and specifics
- Take a photo of your transactions
How can I tell whether the trade is authentic or not?
If you import your trade from a reputable brokerage, there’s an excellent chance that it is verifiable. This is evident by the blue check mark. If you upload it in a manual way or by taking pictures, it will be classified as unverified.
The downside of having an unauthentic trade is the possibility of receiving negative feedback from friends and colleagues. A large number of downvotes could cause you to show up on the Madoff leaderboard, where people can detect who’s being untruthful in submitting trades.
Are the Profit.ly mobile app still available?
At the time of writing, Profit.ly is still available to download via the Apple App Store and in the Google Play store. The mobile version of the app is compatible with the majority of working smartphones and tablets.
How many people are currently connected to Profit.ly?
Profit.ly currently houses more than 150,000 traders and investors, since they’re not just looking to earn maximum profits but also assist each other to grow and learn more about acquiring stock market opportunities all over the world.