The stock market can be an extremely risky game. On some days, you might be reaping the benefits of positive and satisfying numbers. On other days you may experience the opposite and it can be very difficult to return to where you were your best. If you’re constantly stuck in the gutter, you will have to recognize that relying on instinct and survival is not always enough.
If you’ve been incurring loss from time to time and you’re likely to require solid advice from seasoned and tested trading experts. You’re also gonna need an enormous boost from your colleagues in the market from all over the globe, which is why we’ve discovered a platform that can support you in your improvement within the field. We’ll be taking the time to 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. Do check out our article below, however, because it has a comprehensive overview of Profit.ly.
Total Rating: 4.1/5 Tim Sykes Pre Employment Requirements
The User’s Experience 4.5/5
Profit.ly can be described as an online platform for trading that allows traders of different levels to be informative responsible, transparent, and to build relationships with each other through its broad variety of tools and features like chat rooms, trade verification, and an enriched library of educational content.
What is Profit.ly?
Profit.ly is a trading site that serves both as a training and learning platform for people new to trading and as a hub for traders with experience to keep track of their performance using the aid of cutting-edge analytics tools. It provides users with a vast variety of tools for communication and trade, it helps traders from all walks of life connect with each other. It gives the gurus worthy investments within the boundaries of this platform. Consider it a social media site akin like Facebook and Reddit, but for professionals and traders.
Profit.ly independently checks the performance of trades and then publishes the information from them in the form of leaderboards. The platform’s trading model is based on transparency and honesty: it makes sure that trades are valid and won’t tolerate inauthenticity as much as possible. It was founded many years ago by penny stock trade expert and investment guru Timothy Sykes, along with his colleague Michael Mosseri.
One time , during an interview with Forbes magazine, Sykes said that Profit.ly was motivated by its focus “on the transparency of every trade, something that was never prior to.” The concept, he added, served two objectives: one) keeping track of public data for everyone, not just the experts as well as newsletter authors and students and secondly) giving anyone on the platform to learn from both the wins and losses to benefit the industry of trading. Tim Sykes Pre Employment Requirements
How Does It How Does It
Profit.ly is a subscription-based platform that lets stock traders gain access to a multitude of features and services aimed toward achievement. You may set up an account at no cost, however you’re limited to the ability to navigate through the leaderboards and monitor the actions of non-gurus. If you’re interested in investing your money to see which stocks the gurus are trading in real-time, you will need to join one of Profit.ly’s offerings, which we will go over shortly.
Making an account simple: Create an account with your experience and expertise, connect to your brokerage account and you have yourself a chance to shoot your way up to at the very top of the list. Profit.ly’s Leaderboard function, which was we’ve mentioned earlier it is designed to provide its users an insight into the performance of the trading community as well as its gurus. It’s not just a way to demonstrate your worth to a large group of traders, as you are also able to use Profit.ly to buy from a guru with the confidence that you are confident of their knowledge and the credibility of their claims.
If you feel uneasy with the idea of divulging the details of your broker account you may decide to share your trades, either verified or otherwise, through pictures. In Profit.ly are the vast number of courses in trading and the capability to see statistics on a person’s profile and other methods to interact with your experts in the chatroom, along with text and e-mail alerts and updates.
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Meet Tim Sykes, the founder: Tim Sykes
Timothy Sykes is a well-renowned day trading personality who is famously known for delving his hands into penny stock trading. According to Investopedia Penny stock refers to a small-sized company’s shares that trade for under $5 for each share. The trading of penny stocks could be viewed as a stepping stone for small businesses to transition to a market that is larger as it gives them access to funds from the public. However, don’t get it wrong – it’s also an extremely risky game, as Sykes can surely tell because of his decades of experience.
From his beginnings in the latter years of the high schools, Tim Sykes has, since then, made more than $6 million in profits through his lengthy career as trader. At 25 years old, he had been given greater exposure and a larger impact when he became part of the reality show “Wall Street Warriors.” Then, he used the opportunity to establish trading rooms and 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 platform for openness, and for the community to lift each other up and compete with each other through the platform.
The Profit.ly Gurus
One of Profit.ly’s sweet inclusions is the variety of education resources, trade alerts, as well as other useful information provided by the platform’s in-house gurus. The gurus in question refer to the experts in trading who have earned significant amounts of profit through their years of expertise. Tim Sykes Pre Employment Requirements
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 famous experts included Connor Bruggermann, Nathan Michaud of Investors Underground, and Triforce among 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 we’ll take a 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. The cost is $74.95 monthly, you’ll be able to observe him focus on basic stock catalysts and employ them to predict the next possible moves in trading.
A single purchase in Tim’s Alerts will get you access to the chatroom and the mobile application that is available to iOS and Android devices; texts, emails and push alerts; and a daily stock watchlist.
from Tim Sykes: The Pennystocking Silver Package
Pennystocking Silver is the highest-quality version that has been upgraded of the Tim’s Alerts package. At $149.95 per month, this is an ideal plan for those who are more invested in penny stock trading. Pennystocking Silver offers all the essential features found in earlier plans which includes alerts for swing trading and access to a library of more than 7,000 instructional 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 name “Superman,” is a professional in swing trading with an eye for both tiny-cap massive stocks as well as wildly accurate marketing forecasts. Through the years since when he first started trading, Superman has amassed over $5.5 million in all-time trading earnings. Tim Sykes Pre Employment Requirements
The Superman Alerts plan is an offer of the most essential features and alerts on trading geared towards those who might be interested. For $147/month, you’ll get access to the daily premarket stock watchlist and the mobile app, the daily market commentary shown in real-time, and SMS and e-mail alerts.
The film “Superman” Paul Scolardi: Superman Pro
For $247 per month, you can enjoy additional features, as well as access to a knowledgeable base of information provided by Superman himself via the Superman Pro package. On top of the essentials included in the Alerts plan, Superman Pro gives you daily video lessons, which include a growing library of all the previous ones. Additionally you’ll also gain the ability to access premium reports on research as well as an IPO as well as earnings tracking tool.
Profit.ly Programs and Costs
If you’re eager to join the trading community on the internet and make a mark on the field, Profit.ly has the right amount of resources to get you going. The platform offers three membership levels, each designed for traders at different levels. Let’s take a look at what these three tiers are and how much they’ll cost you.
This package for novices is Profit.ly’s basic plan that is designed specifically for those who are new to the world of trading. Once you have signed to this plan you’ll be provided with a variety of powerful and indispensable trading tools, each one of them essential in keeping your fingers on what we call a competitive procedure in its own.
Among the list of things you can accomplish using Profit.ly’s Novice package include the ability to verify trades and track profits as well as leading, following, and even messaging your fellow traders, as well as leaving feedback on today’s trades. You can also get on leaderboards, analyze your trades, sort as well as filter trades and, lastly, view other’s stats.
The Novice plan will cost $29.95 per month. Although it might look appealing simply because of the price, there is a downside. You can’t create a private profile, thus making your activities publicly available. If you’re interested in get access to this feature, you should keep an eye on us as we present to you Profit.ly’s next strategy.
The Trader package lets you to use the majority of features available in 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 intel in the trading community.
Costing $49.95/month, Profit.ly’s Trader plan will do what the name implies catering people who want to improve their skills in trading. As nice as it seems, there is one significant aspect that’s not included. In contrast to the Novice package, you will not be able view other traders’ stats that could be a problem for those who are eager to try this new tier. Tim Sykes Pre Employment Requirements
The Pro plan is the most expensive plan Profit.ly can offer to experienced traders. With $74.95 each month and a 22% discount when billed annually This plan offers everything. You will have full, unrestricted access to all options of the previous plans combined.
Not only do you get to see other users’ stats, but you’re also given the option of creating a private profile. Both of these options, in addition to the advantages you’ll be able to use to the maximum extent. If you’re looking for an option that gives you with everything you require as an experienced trader, the Pro tier could be for you!
Profit.ly’s Other Services
Apart from the training tools and the leadersboards Profit.ly has a few other services they provide. One of these is its online store, where customers can pick from a range of instructional videos that are created to guide you through the nuances and pitfalls of trading. Each of the offerings listed in this section of the website is available to be purchased immediately for personal use. These include best-selling products such as”Trading Tickers, “Trading Tickers” series by trader specialist Tim Grittani, Timothy Sykes’s library of DVDs and streaming-only content on penny stocking, short stocking, and all other aspects of trading. There are also clips and footage taken from events like the Annual Pennystocking Conference, and other products by expert traders.
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The chat rooms that are integrated are included in Profit.ly’s range of services and features. You’re 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 assistance. But in Profit.ly it’s seen as a hands-on space where experts and their members can interact and share knowledge in real-time. Every guru has their own style when it comes to running their chat room and dealing with the listed members. Some may be laid back and not very often active, while another may be more interactive and online to their pupils. Think of chatrooms as Profit.ly’s version of the forum in its essence.
Who is the Ideal trader to Profit.ly?
Profit.ly’s diverse range of products and features caters to an array of stock trader types, from novices to the most experienced. With the variety of deals it has to offer it is certain to have something for all.
Beginners, for instance, will appreciate Profit.ly’s knowledge-based materials available across the platform. Not only will they be enriched with weekly videos and chat room tips by its internal gurus and their members. Additionally, they can choose from the items in its online store for them to take wherever they may go. You can also get hands-on experience trading on the platform, but eventually they’ll be able to realize that trading is a high-stakes game that shouldn’t be treated as an amusing pastime.
For the traders with decades of experience in the line, we see Profit.ly equally suitable for them as it is for people who are just beginning. Although the novices might not be as adept at managing trading however, experienced traders know how it works and the stack full of risks that it carries. In the ideal scenario, they can use Profit.ly’s variety of features to their full advantage to improve their trading skills. Like novices, they can study from the gurus and experts , and use those short tips and tricks along the way.
Profit.ly’s “all-in” approach doesn’t just apply to newbies as well as semi-seasoned traders. Experts who have been verified can also participate in the enjoyment! People in the trade industry who are on similar levels to Superman as well as Tim Sykes can also use the power of Profit.ly’s capabilities to showcase their skill to others in order to assist them in the ever-changing trading process. Tim Sykes Pre Employment Requirements
Profit.ly’s Pros and Pros and
- Profit.ly’s diverse capabilities as a “one-stop” stock trading platform allows traders from all over the world with tons of learning communications, trading, and communication tools
- You get to be provided with excellent lessons and advice from the company’s internal experts, which include video libraries that teach you how to learn and live trading activity.
- You can be sure of complete transparency through Profit.ly with accurate analytics as well as other traders that are waiting to reach you out if something occurs.
- The leaderboard feature on the platform gives you a way to build your credibility as a trustworthy and dependable trader
- Apart from its main features, Profit.ly also gives its customers extra options that can be tailored to their needs, like posting trades that are not authentic by taking photographs
- Profit.ly’s wide array of subscription plans and guru packages are priced at reasonable prices There is truly something for every person
- Profit.ly’s numerous packages and services offered could seem overwhelming for most of its users
- As traders may opt to open any kind of trade, there’s a possibility that some of them will profit by picking the most profitable trades to boost their rating this could be a problem that shouldn’t be ignored.
- Profit.ly does not offer refunds as the premium customers will immediately benefit from the many services that the platform can provide
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The Final Verdict The Final Verdict: 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 scheme to get rich quick. It wasn’t intended to be created in this way. Instead, you need to have the ability to think with an open heart. Tim Sykes Pre Employment Requirements
What we mean by ‘yes’ is that it can be a great learning tool. Those who may be stuck may discover Profit.ly’s array of resources helpful in their efforts to reduce losses 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 in the field!
So, if you genuinely desire to be more successful in trading and would like to learn from your mentors and peers along the way, then look no further – Profit.ly may be a great alternative to start.
FAQ Tim Sykes Pre Employment Requirements
How can you make use of Profit.ly to make your trades public?
Profit.ly has the option of allowing trade entries within the ‘My Trade section of the dashboard. It allows you to post your trades that are verified or not. There are three options:
- Connecting your account to your broker of choice and import trades directly from there
- Manually entering your trades into specified spaces and information.
- Upload a screenshot of your trades
How do I know if the trade is verifiable or not?
If you purchase your trade through a reliable brokerage, there’s a high likelihood that it can be verified. This is indicated with the small blue check. If you upload the information manually or via screenshots, it will automatically be assigned as unverified.
The downside of having an unverified trade is the possibility of getting downvotes from your friends and colleagues. A large number of downvotes could cause you to be listed in the Madoff leaderboard, which is where the public are able to identify who is fraudulent in posting trades.
Is the Profit.ly mobile app still available?
As of this writing, Profit.ly is still available to download from the Apple App Store as well as the Google Play store. The mobile app version works with all working smartphones and tablets.
How many people are currently using Profit.ly?
Profit.ly currently houses over 150,000 investors and traders because they are not just seeking to make the most profit but also to help one another grow and learn more about acquiring opportunities on the stock market both right and left.