The stock market can be an extremely risky game. On some days, you could enjoy the benefits of positive and satisfactory 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 most productive. If you are constantly stuck in the gutter, you will have be aware that relying solely on your instincts and preserving may not always be enough.
If you’ve experienced occasional losses You’ll need sound advice from tried-and-tested trading experts. You’re also gonna need an enormous boost from your trading partners from all over the globe. That’s why we’ve discovered a platform that can support you in your improvement in the market. In this review, we’ll be taking a 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. 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 Stocks To Watch
User Experience: 4.5/5
Profit.ly offers an internet-based trading service that allows traders of different levels to be informative and accountable, as well as transparent and uplifting with one another through its wide variety of tools and features such as trade verification, chat rooms as well as an extensive library of educational material.
What exactly is Profit.ly?
Profit.ly is a trading website which serves as a training and learning platform for people new to trading and also as a platform for traders who are experienced to monitor their performance using the aid of sophisticated analytics tools. Offering users a broad 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 worthwhile investments within the confines that the site. Imagine it as a social media site akin like Facebook and Reddit, but for professionals and traders.
Profit.ly independently validates trade performance and publishes all data from them in the style of leaderboards. The platform for trading is built on transparency and honesty: it guarantees that the trades are authentic and won’t allow for fraud as much as possible. It was created many years ago by penny expert in stock trading and investment guru Timothy Sykes, along with the other expert Michael Mosseri.
One time , during an appearance in Forbes publication, Sykes stated that Profit.ly was based “on showing every trade, something that has never been prior to.” The idea, he added, served two objectives: one) keeping track of public data for not just the gurus, but also the students and newsletter writers, and 2) giving everyone on the platform to gain insight into both the wins and losses to benefit the industry of trading. Tim Sykes Penny Stocks To Watch
How Does It Perform?
Profit.ly is a subscription-based platform which allows stock traders to gain access to a multitude of features and services aimed at achieving achievement. You can create an account there at no cost, however you’re only limited to having access to the leaderboard and follow the activities of people who aren’t gurus. If you’re interested in investing your money to see which stocks the gurus are trading in real-time it is necessary to sign up to one of Profit.ly’s offerings, which we will go over shortly.
Making an account simple: Create an account with your experience and skills, join to your brokerage account, and you’ll have an opportunity to make your way up to at the very top of the list. Profit.ly’s leaderboard feature, as we’ve mentioned earlier, is designed to give its users a look at their performance as a trading group as well as its experts. It’s not just a way to show value to a large group of traders, but you can also utilize Profit.ly to shop with a professional with the assurance that you’re confident in their skills and the credibility of their assertions.
If you’re not comfortable with the idea of divulging your brokerage account, you may decide to share your trades, either verified or not, via screenshots. Included in Profit.ly is the huge selection of courses in trading and the capability to see the stats of a trader’s account, and more ways to interact with your experts in the chatroom, in addition to 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 guru who is famously known for delving his hands into the penny-stock market. According to Investopedia, a penny stock refers to a small-sized company’s shares that trade for less than $5 per share. Penny stock trading is a stepping stone for small companies to move to a market that is larger as they can 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 will be able to tell you thanks to his years of expertise.
From his beginnings at the end of his time in the high schools, Tim Sykes has, since then, earned over $6 million of earnings through his lengthy career as trading professional. When he was 25 years old Sykes was given greater exposure and a larger influence over time when he became part of the reality series “Wall Street Warriors.” He took advantage of it to develop trading rooms as well as penny stock themes and educational material aimed at those who are new to trading. He also played a role in establishing Profit.ly as a place of transparency, and for the community to lift each other up and compete against each other through the platform.
The Profit.ly Gurus
One of Profit.ly’s amazing features is the vast array of education sources, trade alerts and other useful stuff offered by the platform’s in-house gurus. These gurus refer to experts in the field of trading who have made substantial amounts of money from their combined years of expertise. Tim Sykes Penny Stocks To Watch
At its peak, Profit.ly had housed up to five gurus, each of them an expert in their field of expertise in the field of trading. 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: the founder as well as penny-stock trader Tim Sykes and veteran smallcap swing trader Paul Scolardi, also known as Superman. With that taken into consideration Let’s look at the packages each guru can offer.
From Tim Sykes: Tim’s Alerts
Sykes provides an essential stock trading service which focuses on penny stock day trading through Tim’s Alerts. At $74.95 for a month you’ll be able to see him focus on the fundamental catalysts for stocks and utilize them to forecast the next move that is possible when trading.
A single purchase in Tim’s Alerts will get you access to the chatroom and the mobile app available on iOS and Android devices, as well as text, e-mail 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 program. It costs $149.95 monthly, it is the perfect plan for investors who are involved in the penny-stock market. Pennystocking Silver includes all the basic features that were included in prior plans, such as swing trading alerts as well as unlimited access to an extensive library of over 7,000 educational videos, with new ones released every week.
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The following video is from “Superman” Paul Scolardi: Superman Alerts
Scolardi who is known under the name “Superman,” is a professional in swing trading with an eye for tiny-cap massive stocks as well as wildly accurate marketing forecasts. Through the years since the time he started trading, Superman has amassed over $5.5 million in trading profits. Tim Sykes Penny Stocks To Watch
The Superman Alerts plan is his package of vital features and trading alerts targeted toward those who may be interested. For $147/month, you’ll get access to the daily stock watchlist that is premarket along with the mobile app, daily market commentary shown in real-time, and SMS and e-mail alerts.
From “Superman” Paul Scolardi: Superman Pro
At $247/month, you get additional features, as well as access to the extensive knowledge base that is provided by Superman himself through Superman Pro. Superman Pro package. On top of the essentials featured in the Alerts plan, Superman Pro gives you weekly video lessons, including a growing library of all the previous ones. In addition you’ll also gain the ability to access premium reports on research and an IPO and earnings tracker.
Profit.ly plans and costs
If you’re ready to join the world of online trading 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 levels that are designed to accommodate traders at different levels. Let’s look at what the three tiers are and how much they will cost you.
The Novice package is Profit.ly’s beginning-of-the-line plan specifically for people who are brand new to the trading world. As you sign up for this plan you’ll be given a slew of robust and indispensable trading tools, all of them integral in keeping your fingers on what can describe as a cutthroat process in and of itself.
The list of features you can do with Profit.ly’s Novice package is the ability to confirm the results of your trades and track profit; leading, following, and even messaging your fellow traders, as well as leaving feedback on today’s trades. It also allows you to be onto leaderboards; study, sort, and filter your trades and, lastly, view other people’s statistics.
The Novice plan will cost $29.95 per month. While it may look attractive just by the price but there’s a disadvantage. It isn’t possible to create a private account, making your actions public. If you’re looking to have an account with this option, be watching for us to introduce to you Profit.ly’s new plan.
The Trader package lets you to use the majority of features available in The Novice package. In this plan, that you can set up an account that is private to share with fellow associate users all the insights and information you have gained from this trading group.
Priced at $49.95/month, Profit.ly’s Trader plan is exactly what it says caters people who want to develop 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, you will not be able to see the statistics of other traders, which could be a problem for those who are looking forward to this tier. Tim Sykes Penny Stocks To Watch
The Professional plan can be described as the highest expensive plan Profit.ly could offer for seasoned traders. At $74.95 each month with an additional 22% discount for annual billing, this tier has everything. You will have full, unrestricted access to all the features from the two previous plans combined.
In addition, you’ll be able to see other users’ stats, but you’re also given the chance to create an individual profile. Both of these features, plus the other advantages that you can utilize to the fullest potential. If you’re in search of an account that will give you with everything you require as trader with experience, the Pro level is the right choice for you!
Profit.ly’s Other Services
In addition to the trainer tools and Leaderboards Profit.ly offers a number of additional services that it can offer. One of these is its online store, where customers can pick from a range of video products created to provide guidance on the nuances and pitfalls of trading. Each of the offerings listed on this page of the website is available to be purchased immediately for personal use. Some of these include bestsellers such as the “Trading Tickers” series by trading expert Tim Grittani, Timothy Sykes’s collection of DVDs and streaming-only content about penny stocking, short stocking, as well as all aspects of trading. There are also clips and clips taken from The Annual Pennystocking Conference, and products from other expert traders.
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The chat rooms that are integrated are also part of Profit.ly’s range of services and features. You are probably familiar with the chat room as you can find it throughout messaging and social platforms, as well as some specialty websites that offer live chat assistance. But in Profit.ly, it is seen as a place where gurus and their members trade and exchange knowledge in real-time. Every guru has their own way in running their chat rooms and in dealing with the members there. One of them may be laid back and rarely active, while another may be more interactive and online to their pupils. Consider chat rooms like Profit.ly’s version of the forum in the essence.
Who is the Ideal Trader for Profit.ly?
Profit.ly’s wide range of products and features are geared towards a large variety of stock trader types, from novices to experienced professionals. With the variety of deals it has to offer it is certain to have something for everyone.
Beginners, for instance, can take advantage of Profit.ly’s library of learning information available on the platform. In addition, they will be enriched with weekly videos and chat room advice from its in-house gurus and their members. They’ll also be able to choose from the items in its online store for them to take wherever they travel. You can also get hands-on experience trading on the platform, but eventually, they will soon learn that trading is a high stakes game that shouldn’t be taken as an amusing pastime.
For those traders who have had many years of experience down the road, we consider Profit.ly equally suitable to them as those who are just starting. While novice traders may not be as adept at handling trading matters but the experts already know how it works and the risky mix associated with it. It is ideal to utilize Profit.ly’s variety of features to their best advantage to enhance their trading skills. As beginners, they are able to learn from the top experts and experts , and use those quick tips and tidbits throughout the process.
Profit.ly’s “all-in” approach isn’t limited to novices and semi-experienced traders. Certified experts can also take part in the enjoyment! People in the trade industry who are at similar levels to Superman as well as Tim Sykes can also use the power of Profit.ly’s abilities to show off their skill to others as a way to navigate them through the ever-changing trading process. Tim Sykes Penny Stocks To Watch
Profit.ly’s Pros and Pros and
- Profit.ly’s many capabilities as a “one-stop’ platform for trading stocks allows traders across the globe with a wealth of education, communication, and trading tools
- You get to be provided with excellent lessons and tips from the in-house gurus, including video libraries that teach you how to learn and trading in real-time.
- You’re assured of transparency throughout Profit.ly with accurate analytics as well as other traders ready to call you out whenever something happens
- The leaderboard feature on the platform gives you the opportunity to increase your reputation as a reliable and dependable trader
- In addition to its primary features, Profit.ly also gives its customers additional options to meet their needs, like posting unauthentic trades via screenshots
- Profit.ly’s variety of subscription plans and guru packages are priced at a reasonable cost – there truly is something for all
- Profit.ly’s abundance of packages and products offered may not be enough for a lot of its users
- Since traders can choose to post any kind of trade, there’s an opportunity that some them could profit from picking the most profitable trades to increase the rating this could be a problem that shouldn’t be ignored.
- Profit.ly does not offer refunds as the premium customers are expected to instantly take advantage of the numerous services the platform has to offer
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The Final Verdict is: Is Profit.ly Valued?
If we could come up with an appropriate answer for this query, it’s yes. However, you must realize that this platform shouldn’t be viewed as a get-rich-quick scheme. It wasn’t intended to be created for this reason. Instead, you need to have the ability to think with an open heart. Tim Sykes Penny Stocks To Watch
What we mean”yes” is that it could be a useful learning tool. For those who are struggling, they might find Profit.ly’s range of resources useful as they do their best to reduce losses and be more successful than they did before. Not only struggling traders who will profit from the platform. It will be able to accommodate beginners as well as even experts in the field!
So, if you genuinely desire to be more successful in trading and would like to be taught by your mentors and peers on the way, take a look at Profit.ly. Profit.ly is a fantastic alternative to start.
FAQ Tim Sykes Penny Stocks To Watch
How do you use Profit.ly to post your trades?
Profit.ly includes the option of allowing trade entries under the My Trade category on the dashboard. It allows you to post your trades, verifiable or not. You may choose between three options:
- Linking your account with your brokerage of choice and importing the trades from that directly
- Manually entering your trades into provided spaces and specifics
- Upload a screenshot of your trades
How can I tell whether the trade is authentic or not?
If you buy your trade from a reputable brokerage, there’s an excellent likelihood that it can be verified. This is shown by the blue check mark. If you submit the information manually or via pictures, it will be assigned as unverified.
The drawback of posting an unauthenticated trade is the chance of receiving downvotes from fellow peers. If you receive too many negative votes, it could result in you appearing on the Madoff leaderboard, which is where the public are able to identify who is dishonest in posting trades.
Is the Profit.ly mobile app still in use?
As of the moment, Profit.ly is still available for download on the Apple App Store as well as in the Google Play store. The mobile version of the app works with all operating tablets and smartphones.
How many are on Profit.ly?
Profit.ly currently houses over 150,000 traders and investors, because they are not just looking to earn maximum profits but also assist each other to learn and improve in acquiring opportunities on the stock market all over the world.