Stock trading can be an extremely risky game. Some days, you could have the benefit of positive and satisfying numbers. However, on other days you may experience the opposite, and it may sometimes be extremely difficult to return to where you were your most productive. If you find yourself constantly stuck in the gutter it is important to recognize that relying on instinct and survival is not always enough.
If you’ve experienced occasional losses You’ll need solid advice from seasoned and tested trading experts. Additionally, you’ll require an important boost from trading partners from all over the world, which is why we’ve identified a platform that can support you in your growth in the market. This review will take the time to look at Profit.ly is a well-known all-in-one 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.
Total Rating: 4.1/5 Tim Sykes Profitly Dvd
Value: 4.1/5
Quality: 4.1/5
Costs: 4.1/5
Users Experience 4.5/5
Summary
Profit.ly is an online trading platform that permits traders of different levels to be informed and accountable, as well as transparent and encouraging one another through its wide variety of tools and features including trade verification, chat rooms as well as an extensive library of educational material.
What exactly is Profit.ly?
Profit.ly is a trading website that functions as a training and learning platform for people who are starting out and as a hub for experienced traders to track their performance through the use of advanced analytics tools. Providing users with a wide variety of tools for communication and trade that help traders from all walks of life connect with each other. It offers gurus with an opportunity to invest in the right areas that the site. Think of it as a social media site akin to Facebook and Reddit but with a focus on professionals and traders.
Profit.ly independently validates trade performance and publishes all data from them in the style of leaderboards. The trading platform is built on honesty and transparency: it ensures that the transactions are legitimate and will not accept fake news as long as is humanly possible. It was established years ago by the penny expert in stock trading and investment expert Timothy Sykes, along with the other expert Michael Mosseri.
One time during his interview with Forbes magazine, Sykes declared that Profit.ly was motivated by its focus “on showing every trade, something that has never been previously done.” This idea Sykes said served two objectives: one) keeping track of public data for not just the gurus as well as newsletter writers and students as well as) giving everyone on the platform to gain insight into both losses and wins to the benefit of the trading industry. Tim Sykes Profitly Dvd
How Does It Work?
Profit.ly utilizes a subscription model that allows stock traders to have access to a range of tools and services that are geared at achieving success. You can create an account on the site for free, but you’re only given the capability to browse the leaderboard and follow the activities of people who aren’t gurus. If you’re looking to invest your money and see what stocks the experts are trading in real time, you will need to subscribe to any of Profit.ly’s deals, which we will go over shortly.
Making an account simple: Create an account that includes your personal information and knowledge, then connect your brokerage account, and you’ll be given an opportunity to make your way to high on the leaderboard. Profit.ly’s leaderboard feature, as previously mentioned it is designed to provide its users a look at their performance as a trading group and its experts. It’s not just a way to show that you’re worthy to the group of traders, as you are also able to use Profit.ly to buy with a professional with the assurance that you’re confident of their knowledge and the veracity of their claims.
If you’re not comfortable with the concept of leaking information about your account with a brokerage, then you could choose to publish your trades, verified or not, via pictures. Included in Profit.ly are a variety of courses in trading, the ability to view statistics on a person’s profile and other methods to interact with your experts through the chatroom as well as email and text alerts 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 penny stock trading. According to Investopedia the term “penny stock” refers to a small-sized company’s shares that trade for less than $5 per share. The penny stock market could be viewed as an avenue for small-scale businesses to make the transition to a large marketplace as it gives them access to money from the general public. But don’t be mistaken – it can also be a high-risk game, which Sykes will be able to tell you because of his decades of expertise.
From his beginnings in his late years in the high schools, Tim Sykes has, since then, earned an estimated $6 million earnings through his lengthy career as trading professional. When he was 25 years old Sykes was given greater exposure and an even wider reach of influence when he became part of the reality TV show “Wall Street Warriors.” Then, he used the opportunity to establish trading rooms, penny stock themes, and educational material aimed at those who are just beginning to learn about trading. He also helped establish Profit.ly as a platform for transparency, and to allow the community to rise and compete on the platform.
The Profit.ly Gurus
One of Profit.ly’s most appealing features is the wide range of learning resources, trade alerts, as well as other useful information provided by the in-house experts of the platform. The gurus in question refer to experts in the field of trading who have proven to make significant amounts of profit from their combined years of expertise. Tim Sykes Profitly Dvd
At its peak, Profit.ly had housed up to five gurus, all of them an expert in their niche in the trading industry. Some of the most prominent gurus included Connor Bruggermann, Nathan Michaud of Investors Underground, and Triforce among others. At the time of writing, there are only two gurus who 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. When we take that into account we’ll take a look at the packaged offers each guru can offer.
From Tim Sykes Tim Sykes: Tim’s Alerts
Sykes provides a basic stock trading service with the main priority being penny stock day trading through Tim’s Alerts. The cost is $74.95 monthly, you will be able to see him concentrate on the fundamental catalysts for stocks and utilize them to anticipate the next possible moves in making trades.
A standalone purchase in Tim’s Alerts will get you access to the chatroom as well as the mobile app available to iOS and Android devices, as well as texts, emails and push alerts; as well as a daily watchlist of stocks.
from Tim Sykes: The Pennystocking Silver Package
Pennystocking Silver is the most premium, upgraded version of the Tim’s Alerts package. Priced at $149.95 per month, this is an ideal plan for those who are more committed to investing in penny stocks. Pennystocking Silver offers all the essential features found in the previous plan, such as swing trading alerts and unlimited access to a rich library of more than 7,000 instructional videos and new videos released weekly.
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The following video is from “Superman” Paul Scolardi: Superman Alerts
Scolardi, who goes by the name “Superman,” is a trader who has an eye for both massive stocks of the small-cap size and insanely accurate marketing forecasts. Through the years since he began as a trader, Superman has amassed over $5.5 million in all-time trading profits. Tim Sykes Profitly Dvd
The Superman Alerts package is his package of vital features and alerts on trading geared to those interested. For $147/month, you’ll get access to the daily premarket stock watchlist along with the mobile app, the daily market commentary in real-time, as well as email and SMS alerts.
In “Superman” Paul Scolardi: Superman Pro
For $247 per month, you can enjoy additional features and access to a knowledgeable base provided by Superman himself through his Superman Pro package. Alongside the standard features 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 an access to high-quality research papers and an IPO or earnings monitor.
Profit.ly Plans and Costs
If you’re eager to join the world of online trading and make a mark on the industry, Profit.ly has the right amount of resources to get you up and running. The platform offers three membership levels that cater to traders with different levels. Let’s break down what these three levels are and what they’ll cost you.
Novice Plan
The Novice package is Profit.ly’s entry-level plan designed especially for those who are new to the trading community. When you sign up for this package, you will be immediately given a slew of robust and vital trading tools, each one of them essential in keeping your fingers on what can describe as a cutthroat process in and of itself.
Among the list of things you can accomplish using Profit.ly’s Novice program is the capability to check the results of your trades and track profit; leading, following and even texting other traders; and leaving feedback on today’s trades. It also allows you to be on leaderboards; analyze your trades, sort and filter your trades; and, lastly, view other’s stats.
The Novice plan will cost $29.95 per monthly payment. Although it might look appealing just by the price however, there’s a drawback. You can’t create a private account, making your actions public. If you do want to gain the benefit of this service, be watching for us to introduce to you Profit.ly’s new plan.
Trader Plan
The Trader plan allows users to benefit from the majority of features available in The Novice package. It is in this plan that you can create an individual profile that allows you for sharing with fellow associate users all your knowledge and intel in the trading community.
Costing $49.95/month, Profit.ly’s Trader plan is exactly what it says catering people who want to improve their expertise in trading. As nice as it seems however, there’s a crucial feature that is missing. As opposed to the prior Novice package, this one won’t be able to see the statistics of other traders this might be a drawback for those who are eager to try this new tier. Tim Sykes Profitly Dvd
Pro Plan
The Pro plan is the most premium package that Profit.ly could offer for seasoned traders. At $74.95 monthly, with an additional 22% discount for billing annually, this tier has it all. You get full, no-holds-barred access to all features from the two previous plans combined.
In addition, you’ll be able to view other people’s stats, but you’re also given the opportunity to create an individual profile. Both of these options, 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 with everything you require as a skilled trader, maybe the Pro level is ideal for you!
Profit.ly’s Other Services
Apart from the tools for training and leaderboards, Profit.ly offers a number of additional services that it can offer. One of these is its online store, which allows users to pick from a range of videos that are designed to educate and provide guidance on the nuances and pitfalls of trading. All of the products featured 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 trader specialist Tim Grittani, Timothy Sykes’s collection of DVDs and streaming-only content about penny stocking, short stocking, and all other related to trading, videos and clips of events like the Annual Pennystocking Conference, and other products by expert traders.
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The integrated chat rooms are included in Profit.ly’s array of features and services. You may be familiar with the concept of the chat room since you can find it throughout social and messaging platforms, and also on a few specialty websites that provide live chat support. However, in Profit.ly, it is seen as a hands-on place where gurus and their members can interact and exchange knowledge in real-time. Every guru has their own style in running their chat rooms and dealing with the members there. One might be a laid-back person who is not very often engaged, while another could be more interactive and online with their students. Think of the chatrooms as Profit.ly’s version of the forum in its 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, the platform surely has something for every person.
Newbies, for instance, will enjoy Profit.ly’s knowledge-based information available on the platform. In addition, they will be enriched with weekly videos and chat room advice by its internal gurus and their members. They’ll also be able to select from the products on its store online to carry with them wherever they may go. You can also get hands-on experiences by trading through the platform, however, they will soon learn that trading is a high-stakes game that should not be viewed as an amusing pastime.
For the traders with years of exposure down the line, we see Profit.ly equally suitable to those who are just starting. Although the novices might not be as well-equipped with handling trading matters but the experts already know how it works along with the risky mix that come with it. Ideally, they may make use of Profit.ly’s array of features to their best advantage to improve their trading abilities. Like beginners, 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 or semi-experienced trader. Certified experts can also take part in the enjoyment! People in the trade industry who are on similar levels to Superman or Tim Sykes can also use Profit.ly’s capabilities. Profit.ly’s capabilities to showcase their skill to others as a way to assist them in the ever-changing trading process. Tim Sykes Profitly Dvd
Profit.ly’s Pros and Cons
The Pros
- Profit.ly’s numerous capabilities as a “one-stop’ stock trading platform enable traders across the globe with a wealth of education tools, communication, and trading tools
- You’ll be taught by experts and insights from its internal experts, which include collections of educational videos as well as trading in real-time.
- You’re assured of transparency throughout Profit.ly with accurate analytics and fellow traders that are waiting to reach you out if something occurs.
- The leaderboard feature on the platform gives you the opportunity to increase your credibility as a trustworthy 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 trades that are not authentic by taking photographs
- Profit.ly’s diverse range of subscription levels and guru packages are priced at reasonable prices – there truly is something for everyone
The Cons
- Profit.ly’s numerous products and packages offered might not be enough for a lot of its customers
- As traders may opt to post any kind of trade, there is the possibility that some of them could profit from selecting the best trades in order to boost their rating – this may be a concern that should not be overlooked.
- Profit.ly will not allow refunds as its premium users will immediately take advantage of the numerous services the platform has to provide
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The Final Verdict: Is Profit.ly Valued?
If we could think of an appropriate answer for this query, it’s yes. However, you must realize that the platform should not be used as a quick-fix scheme to make money. It wasn’t designed to be used to achieve this goal. Instead, you should have an open mind. Tim Sykes Profitly Dvd
What we mean”yes” is that it can be a great learning tool. People who are stuck may find Profit.ly’s variety of resources helpful in their efforts to incur lesser losses and be more successful than before. Not only poor traders that can profit from the platform. It will be able to accommodate beginners as well as even experts!
If you really want to become more successful in trading and would like to learn from your fellows and gurus throughout the process, then look no further – Profit.ly may be a great option to begin.
FAQ Tim Sykes Profitly Dvd
What are the best ways to use Profit.ly to post your trades?
Profit.ly offers the option of allowing trade entries under the “My Trade’ category of the dashboard that lets you record your trades, either verified or otherwise. There are three choices:
- Linking your account with your brokerage of choice and then importing transactions directly through there
- Manually entering your trades into provided spaces and specifics
- Take a photo of your trades
How can I tell whether the trade can be verified or not?
If you buy your trade through a reliable brokerage, there is an excellent probability that it’s verifiable. This is evident by the blue check mark. If you upload it in a manual way or by taking screenshots, it will automatically be assigned as unverified.
The disadvantage of an unauthenticated trade is the risk of receiving negative feedback from fellow peers. A large number of downvotes could cause you to be listed on the Madoff leaderboard, which is where the public are able to identify who is untruthful in submitting trades.
Is the Profit.ly mobile app still in use?
At the time of writing, Profit.ly is still available for download on the Apple App Store as well as on the Google Play store. The mobile app version is compatible with most functioning tablets and smartphones.
How many people are currently on Profit.ly?
Profit.ly currently houses more than 150,000 investors and traders since they’re not just looking to earn maximum profits but also help each other learn and improve in acquiring stock market opportunities all over the world.
