The stock market can be an extremely risky game. On certain days, you could have the benefit of positive and satisfying numbers. On other days it could be the reverse, and it may sometimes be extremely difficult to get back to the point you were at your most productive. If you find yourself immersed in the water it is important to recognize that relying on your instincts and preserving is not always enough.
If you’ve been incurring loss from time to time, you’re gonna be needing sound advice from tried-and-tested trading experts. Additionally, you’ll require an important boost from fellow traders from around the globe, which is why we’ve found an option that can help you in your growth within the field. We’ll be taking the time to 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.
Total Rating: 4.1/5 Tim Sykes Penny Stock Whizzkid
Value: 4.1/5
Quality: 4.1/5
Costs: 4.1/5
User Experience: 4.5/5
Summary
Profit.ly can be described as an online platform for trading that enables traders of different levels to be knowledgeable responsible, transparent, and uplifting with each other through its broad array of tools and features such as chat rooms, trade verification and a rich library of educational material.
How do I define Profit.ly?
Profit.ly is a site for trading that serves both as a learning and training platform for those new to trading and also as a platform for traders with experience to keep track of their performance with the help of advanced analytics tools. Providing users with a wide array of options to facilitate 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. Consider it a social media site akin like Facebook and Reddit, but for professionals and traders.
Profit.ly independently verifies trade performances and posts all the data from them in the style of leaderboards. The platform for trading is built on transparency and honesty: it ensures that the trades are authentic and won’t allow for fraud as much as is humanly possible. It was established in the past by penny stock trade expert and investment guru Timothy Sykes, along with his colleague Michael Mosseri.
One time during his appearance in Forbes publication, Sykes said that Profit.ly was motivated by its focus “on showing every trade, something that was never done before.” The concept was, he said, serving two objectives: one) creating public track records for not just the gurus and students and newsletter writers, and 2) giving everyone on the platform to learn from both the wins and losses to the benefit of the trading industry. Tim Sykes Penny Stock Whizzkid
How Does It Work?
Profit.ly follows a subscription-based model which allows stock traders to gain access to a multitude of services and features geared toward achievement. You can create an account on the site for free, but you’re only given the ability to navigate through the leaderboard and follow the activities of people who aren’t gurus. If you’re looking to invest your money in order to find out what stocks the experts are trading in real-time You’ll need to subscribe to any of Profit.ly’s offerings, which we will discuss in the near future.
Setting up an account is simple: Create an account that includes your personal information and skills, join to your brokerage account and you’ll be given an opportunity to make through the top of the leaderboard. Profit.ly’s leaderboard feature, as previously mentioned was designed to offer its users a glimpse of their performance as a trading group as well as its gurus. It’s not just a way to show value to a community of traders, as you can also utilize Profit.ly to buy from a guru with the confidence that you are confident of their knowledge and the veracity of their assertions.
If you feel uneasy with the concept of leaking your brokerage account, then you could opt to post your trades, whether verified or not, by taking pictures. In Profit.ly is the huge selection of trading classes, the ability to view stats in a trader’s profile as well as other ways to connect with your gurus via chatrooms along with text and e-mail alerts and updates.
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Meet the Founder: Tim Sykes
Timothy Sykes is a well-renowned day trading personality who is well-known for his efforts in trades in penny stocks. According to Investopedia, a penny stock refers to a small company’s shares that trade for under $5 for each share. The penny stock market is a stepping stone for small-scale businesses to make the transition into a larger market because it allows them to access funds from the general public. But don’t make the mistake of thinking that it can also be an extremely risky activity, as Sykes can surely tell through his many years of expertise.
Beginning in the latter years of High School, Tim Sykes has, since then, made more than $6 million in earnings through his lengthy career as trader. At 25 years old Sykes was given greater exposure and an even wider impact when he was a part of the reality series “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 those who are just beginning to learn about the trading field. He also helped to establish Profit.ly as a place of transparency, 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 variety of education resources, trade alerts, and other useful stuff offered by the in-house experts of the platform. These gurus refer to experts in the field of trading who have earned substantial amounts of money from their collective years of expertise. Tim Sykes Penny Stock Whizzkid
At its height, Profit.ly had housed up to five gurus. Each of them a professional within their particular field in the trading industry. Some of the most prominent gurus included Connor Bruggermann, Nathan Michaud of Investors Underground, and Triforce, among a few others. At the time of writing, only two gurus remain on the platform: 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 the packages each guru offers.
From Tim Sykes: Tim’s Alerts
Sykes provides a basic stock trading service which focuses on penny stock day trading through Tim’s Alerts. At $74.95 per month, you will see him focus on the fundamental catalysts for stocks and utilize them to anticipate the next move that is possible when 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, texts, emails and push alerts; as well as a daily watchlist of stocks.
Tim Sykes: From Tim Sykes: The Pennystocking Silver Package
Pennystocking Silver is the most premium version, with an upgraded version of Tim’s Alerts package. Priced at $149.95 per month, this is the perfect plan for those who are more invested in the penny-stock market. Pennystocking Silver offers all the essential features of earlier plans which includes swing trading alerts and unlimited access to an extensive library of over 7,000 educational videos and new videos released every week.
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The following video is from “Superman” Paul Scolardi: Superman Alerts
Scolardi, who goes by the alias “Superman,” is a trader who has an eye for tiny-cap massive stocks as well as wildly accurate marketing forecasts. Since when he first started trading, Superman has amassed over $5.5 million in trading profits. Tim Sykes Penny Stock Whizzkid
The Superman Alerts package is his offering of essential features and trading alerts geared toward those who may 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, as well as SMS and e-mail alerts.
In “Superman” Paul Scolardi: Superman Pro
For the price of $247, you receive additional features and access to the extensive knowledge base of information provided by Superman himself, via his Superman Pro package. On top of the essentials featured in the Alerts package, Superman Pro gives you daily video lessons, which include an ever-growing library of the previous ones. On top of that, you’ll also get the ability to access premium reports on research as well as an IPO or earnings monitor.
Profit.ly plans and costs
If you’re looking to join the trading community on the internet and make a mark on the market, Profit.ly has the right amount of resources to get you up and running. Profit.ly offers three membership levels that are designed to accommodate traders with different levels. Let’s break down what these three tiers are and how much they’ll cost you.
Novice Plan
This package for novices is Profit.ly’s entry-level plan designed especially for those who are new to the trading world. Once you have signed up for this plan you’ll be given a slew of robust and essential trading tools, each of them integral in keeping your fingers on what we could call a ruthless procedure in its own.
The list of features you can do with Profit.ly’s Novice package include the ability to verify trades and track profits and follow-up, leading and even chatting with other traders; and giving feedback on the trades of today. You can also get on leaderboards; analyze the results of your analysis, sort, as well as filter trades; and lastly, look at the statistics of other traders.
The Novice plan costs $29.95 per month. While it may look attractive for the price alone however, there’s a drawback. It isn’t possible to create a private profile, thus making your activities publicly available. If you’re interested in get the benefit of this service, you should stay tuned as we introduce to you Profit.ly’s next plan.
The Trader Plan
The Trader plan allows you to use the majority of features available in the novice plan. In this plan, that you can set up an account that is private to share with other associates all your insights 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 to those who desire to improve their skills in trading. As nice as it seems however, there’s a crucial element that’s missing. As opposed to the prior Novice package, you will not be able to view other traders’ stats, which could be a disadvantage for those looking forward to this tier. Tim Sykes Penny Stock Whizzkid
Pro Plan
The Professional plan can be described as the most premium package that Profit.ly could offer for seasoned traders. With $74.95 monthly, and an additional 22% discount when billed annually the Pro plan has everything. You will have full, unrestricted access to all features from the two prior plans.
Not only do you get to see other users’ stats as well, you’re also offered the option of creating your own private profile. Both of these features, on top of all the advantages you’ll be able to use to the maximum extent. If you’re in search of an account that will give you with everything you require as an experienced trader, the Pro tier could be ideal for you!
Profit.ly’s Other Services
In addition to the tools for training and Leaderboards Profit.ly provides a variety of more services it has to 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. Each of the offerings listed on this page of the website is available to be purchased immediately for personal use. Among these products include best-sellers like the “Trading Tickers” series by trading professional Tim Grittani, Timothy Sykes’s library of DVDs and streaming-only content related to penny stocking, short stocking, and all other things trading-related, clips and footage taken from the Annual Pennystocking Conference, and products from other expert traders.
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The integrated chat rooms are as well part of Profit.ly’s array of services and features. You’re probably familiar with the chat room since you can find it throughout messaging and social platforms, and also on a few specialty websites that offer live chat support. However, in Profit.ly it’s seen as a real-time place where gurus and their member traders can communicate and learn in real time. Every guru has their own style in operating their chat room and dealing with the listed members there. One of them may be more laid back and not very often active, while another may be more active and in touch with their students. Consider chat rooms like Profit.ly’s version of the forum in its essence.
Who is the best Trader for Profit.ly?
Profit.ly’s variety of offerings and features cater to the wide range of stock trader types, from novices to experienced professionals. With the variety of deals it has to offer, the platform surely has something for all.
Newbies, for instance, will enjoy Profit.ly’s collection of educational content offered throughout the platform. They will also get daily videos and chat room tips from the in-house experts as well as their members. They’ll also be able to select from the products on its store online that they can take with them wherever they go. They can also gain hands-on experiences by trading through the platform, however, they will soon learn that the process is a risky game that shouldn’t be taken as a joke.
For those traders who have had many years of experience down the line, we believe Profit.ly equally suitable for them as it is for people who are just beginning. While novice traders may not be as well-equipped with handling trading matters but the experts already know the way it functions and the risky mix associated with it. Ideally, they may utilize Profit.ly’s variety of options to their maximum advantage to develop their skills in trading. Like novices, they can learn from the experts as well as experts, and take advantage of quick tips and tidbits to help them along.
Profit.ly’s “all-inclusive” nature isn’t limited to novices or semi-experienced trader. Experts who have been verified can also participate in the fun! People in the trade industry who are at similar levels to Superman and Tim Sykes can also use Profit.ly’s capabilities. Profit.ly’s abilities to show off their skills to others as a way to assist them in the ever-changing trading process. Tim Sykes Penny Stock Whizzkid
Profit.ly’s Pros and Pros and
The Pros
- Profit.ly’s many capabilities as a “one-stop’ stock trading platform allows it to provide traders everywhere with tons of learning tools, communication, and trading tools
- You’ll be taught by experts and tips from the in-house gurus, including collections of educational videos as well as live trading activity.
- You can be sure of complete transparency through Profit.ly with accurate analytics as well as other traders ready to call you when something goes wrong.
- The platform’s leaderboard feature gives you a way to build your reputation as a reliable and dependable trader
- In addition to its primary capabilities, Profit.ly also gives its customers additional options to meet their individual preferences, for instance, posting unauthentic trades via screenshots
- Profit.ly’s variety of subscription levels and guru packages are priced at reasonable prices There is truly something for everyone
The Cons
- Profit.ly’s bountiful stream of packages and services offered could seem overwhelming for a lot of its users
- As traders may opt to post any kind of trade, there’s the possibility that some of them will profit by selecting the best trades in order to improve their ratings – this may be a problem that shouldn’t be simply overlooked
- Profit.ly does not accept refunds, as its premium users are expected to immediately benefit from the number of services the platform has to offer
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The Final Verdict The Final Verdict: Is Profit.ly worth it?
If we could think of an appropriate answer for this query, it’s a ‘yes’. But you need to understand that the platform should not be used as a quick-fix scheme to make money. It wasn’t designed to be used for this reason. Instead, you should have the ability to think with an open heart. Tim Sykes Penny Stock Whizzkid
What we mean”yes” is that it can be a great learning tool. People who are stuck could discover Profit.ly’s range of resources to be helpful in their efforts to incur lesser loss and perform better than they did before. It’s not just the struggling traders who will benefit from this platform. It can accommodate beginners and even experts!
So, if you genuinely want to become a better trader and want to learn from your fellows and gurus on the way, you should look no further than Profit.ly. Profit.ly could be a good alternative to start.
FAQ Tim Sykes Penny Stock Whizzkid
What are the best ways to use Profit.ly to post your trades?
Profit.ly offers a trade entry portion in the My Trade section of the dashboard. It lets you post your trades, verifiable or not. There are three options:
- Linking your account with your broker of choice and import transactions directly through there
- Manually entering your trades using the spaces provided and details
- Take a photo of your trades
How can I tell if the trade is verifiable or not?
If you buy your trade through a reliable brokerage, there is a high likelihood that it can be verified. This is indicated with the blue check mark. If you post the information manually or via images, it will be classified as unverified.
The disadvantage of an unverified trade is the chance of getting downvotes from your friends and colleagues. Too many downvotes may cause you to be listed in the Madoff leaderboard, where users are able to identify who is untruthful in submitting trades.
Does the Profit.ly mobile app still available?
As of the moment, Profit.ly is still available to download via the Apple App Store as well as in the Google Play store. The mobile version of the app is compatible with most functioning tablets and smartphones.
How many are on Profit.ly?
Profit.ly currently houses over 150,000 investors and traders, since they’re not just seeking to make the most profit but also help each other learn and improve in acquiring opportunities in the stock market left and right.
