The stock market can be an exciting game with high stakes. Some days, you may be reaping the benefits of pleasing and positive numbers. On other days, however you may experience the opposite and it could be extremely difficult to return to where you were at your best. If you are immersed in the water it is important to recognize that relying on instinct and survival is not always enough.
If you’ve experienced occasional losses You’ll need reliable advice from tested and tried trading experts. Also, you’ll need an enormous boost from your fellow traders from around the globe. That’s why we’ve discovered an online platform that will help you in your growth in the market. We’ll take an in-depth look at Profit.ly A well-respected 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 Ruby’S Cafe
User Experience: 4.5/5
Profit.ly is an online trading platform that permits traders of various levels to be informative and accountable, as well as transparent and encouraging one another through its wide variety of tools and features such as chat rooms, trade verification as well as an extensive library of educational material.
How do I define Profit.ly?
Profit.ly is a trading site that functions as a learning and training platform for traders new to trading and as a hub for traders who are experienced to monitor their performance using the aid of sophisticated analytics tools. It provides users with a vast variety of tools for communication and trade, it helps traders from all walks of life network with each other. It also allows gurus to make worthy investments within the boundaries of this platform. Think of it as the social media equivalent like Facebook and Reddit however it is geared towards traders and experts.
Profit.ly independently checks the performance of trades and posts all the data of them in the manner of leaderboards. The platform for trading is built on transparency and honesty: it guarantees that the trades are valid and won’t allow for fraud as much as is humanly possible. It was created years ago by the penny stock trade expert and investment expert Timothy Sykes, along with fellow expert Michael Mosseri.
One time , during an interview with Forbes publication, Sykes said that Profit.ly was driven by its focus “on the transparency of all trades, something that has never been prior to.” The idea was, he said, serving two objectives: one) keeping track of public data for everyone, not just the experts, but also the newsletter writers and students as well as) giving all users to gain insight into the losses and wins to benefit the industry of trading. Tim Sykes Ruby’S Cafe
How Does It Work?
Profit.ly is a subscription-based platform which allows stock traders to gain access to a multitude of tools and services that are geared toward the success of their business. You may set up an account on the site at no cost, however you’re only given access to the leaderboard and follow the activities of people who aren’t gurus. If you’re ready to invest your money to see which stocks the gurus are trading in real time, you will need to join one of Profit.ly’s deals, 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’ll have a chance to shoot through high on the leaderboard. Profit.ly’s leaderboard feature, as we’ve mentioned earlier it is designed to provide its users a look at their performance as a trading group as well as its gurus. It’s not only a chance to show your worth to a community of traders. 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 are unsure about the idea of sharing your brokerage account, then you could opt to post your trades, verified or not, by taking screenshots. Included in Profit.ly are the vast number of trading courses and the capability to see stats in a trader’s profile and other methods to interact with your experts through 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 Penny stock refers to a small company’s stock which trades at under $5 for each share. The trading of penny stocks can be seen as an opportunity for small-scale businesses to make the transition to a large marketplace as it gives them access to capital from the public. But don’t be mistaken – it’s also a high-risk game, which Sykes is sure to reveal thanks to his years of expertise.
Beginning at the end of his time in the high schools, Tim Sykes has, since then, made an estimated $6 million profit during his long and successful career as a trader. When he was 25 years old Tim Sykes had received greater exposure and an even wider impact when he became part of the reality series “Wall Street Warriors.” He took advantage of it to establish trading rooms and penny stock themes and educational material aimed at people who are brand new to the trading field. He also played a role in establishing Profit.ly as a place of transparency and to allow the community to rise and compete against each other on the platform.
The Profit.ly Gurus
One of Profit.ly’s sweet inclusions is the vast array of educational resources, trade alerts, as well as other useful information provided by the company’s internal gurus. These gurus refer to experts in the field of trading who have made substantial amounts of money through their years of expertise. Tim Sykes Ruby’S Cafe
At its height, Profit.ly had housed up to five gurus. Each of them a pro in their field of expertise in the field of trading. Some of the prominent gurus included Connor Bruggermann, Nathan Michaud of Investors Underground, and Triforce, among a few others. As of this 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. When we take that into account Let’s look at what packaged deals each guru has to offer.
From Tim Sykes: Tim’s Alerts
Sykes provides a basic stock trading service which focuses on penny-stock day trading via Tim’s Alerts. Costing $74.95 monthly, you’ll see him focus on the fundamental stock catalysts and use them to predict the next possible moves in trading.
A purchase on its own from Tim’s Alerts will get you access to the chatroom as well as the mobile app available to iOS as well as Android devices, as well as email, text, and push alerts; and a daily stock watchlist.
From Tim Sykes: The Pennystocking Silver Package
Pennystocking Silver is the premium version, with an upgraded version of Tim’s Alerts package. It costs $149.95 for a month it is a great option for investors who are involved in investing in penny stocks. Pennystocking Silver comes with all the standard features that were included in prior plans, including swing trading alerts as well as unlimited access to an extensive collection of more than 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 goes by the name “Superman,” is a swing trading professional with an eye for small-cap monumental stocks and crazy-accurate marketing forecasts. Since when he first started trading, Superman has amassed over $5.5 million in trading profits. Tim Sykes Ruby’S Cafe
The Superman Alerts plan is his package of vital features and trading alerts targeted towards those who might be interested. For just $147 per month, you’ll have access daily premarket stock watchlist along with the mobile application, daily market updates in real-time, as well as E-mail and SMS alerts.
From “Superman” Paul Scolardi: Superman Pro
At $247/month, you get additional features, as well as access to an extensive base of knowledge of information provided by Superman himself through Superman Pro. Superman Pro package. Alongside the standard features featured in the Alerts plan, Superman Pro gives you weekly video lessonsthat include the growing collection of the previous ones. On top of that you’ll also gain the ability to access premium reports on research as well as the IPO as well as earnings tracking tool.
Profit.ly Programs and Costs
If you’re looking to join the online trading community and leave your mark on the industry, Profit.ly has the right amount of tools to get you started. The platform offers three membership tiers, each designed for traders of 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 trading world. As you sign up for this package you’ll be offered a range of strong and essential trading tools, all of them integral in keeping your hands on what we call a competitive process by itself.
The list of features you can do with Profit.ly’s Novice package is the capability to check trades and track profits and follow-up, leading and even texting your fellow traders; and giving feedback on the trades of today. You can also get on leaderboards; analyze the results of your analysis, sort, and filter your trades and, finally, see other people’s statistics.
The Novice plan costs $29.95 per monthly payment. Although it might look appealing just by the price, there is a downside. You aren’t able to create a personal profile, thus making your actions public. If you’re interested in gain the benefit of this service, you should keep an eye on us as we present to you Profit.ly’s next plan.
The Trader plan allows you to use many of the features of The Novice package. It is in this plan that you can set up an account that is private to share with other associates all your insights and knowledge you gain from trader’s community.
Priced at $49.95/month, Profit.ly’s Trader plan does what the name suggests: Cater people who want to harness their skills in trading. Although it’s a nice thing however, there’s a crucial feature that is missing. Unlike the previous Novice package, you won’t be able view the statistics of other traders that could be a disadvantage for those anticipating this level. Tim Sykes Ruby’S Cafe
The Pro plan is the highest premium package that Profit.ly offers to experienced traders. With $74.95 per month, with 22% off for billing annually This plan offers it all. You get full, no-holds-barred access to all features from the two previous plans.
You’re not only able to view other people’s stats as well, you’re also offered the chance to create your own private profile. Both of these features, on top of all the advantages you’ll be able to use to the fullest potential. If you’re looking for an account that will give you with everything you require as a skilled trader, maybe the Pro tier could be for you!
Profit.ly’s Other Services
Apart from the trainer tools and leaderboards, Profit.ly provides a variety of other services they offer. One of those 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. The products listed in this section of the website can be bought immediately for your personal use. These include best-selling products like the “Trading Tickers” series by trading expert Tim Grittani, Timothy Sykes’s collection of DVDs and streaming-only content related to short stocking, penny stocking, as well as all things trading-related, clips and footage from the Annual Pennystocking Conference, and items from other experts in trading.
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The chat rooms that are integrated are as well part of Profit.ly’s range of services and features. You may be familiar with the concept of the chat room as you can see it across social and messaging platforms in addition to a few special websites that provide live chat support. But in Profit.ly it’s seen as a area where experts and members trade and learn in real time. Every guru has their own way in running their chat rooms and dealing with the listed members. One of them may be more laid back and less engaged, while another could be more interactive and online in their interactions with students. Think of the chat rooms as Profit.ly’s version of a forum, in its essence.
Who is the best trader to Profit.ly?
Profit.ly’s variety of offerings and features are geared towards a large variety of stock trader types, from novices to the most experienced. With the variety of deals it can provide this platform definitely has something for all.
Beginners, for instance, will appreciate Profit.ly’s knowledge-based information available on the platform. Not only will they get daily videos and chat room tips from the in-house experts as well as their members. They’ll also be able select from the products on its store online for them to take wherever they travel. Additionally, they can gain practical experience trading on the platform, but eventually they’ll realize that this is a high stakes game that shouldn’t be treated as a joke.
For those traders who have had years of exposure down the line, we see Profit.ly equally suitable for them as it is for people who are just beginning. While novice traders may not be as adept at managing trading, the pros already understand how it works and the risky mix associated with it. It is ideal to use Profit.ly’s range of options to their maximum advantage to improve their trading skills. Like beginners, they can learn from the top experts as well as experts, and take advantage of quick tips and tidbits to help them along.
Profit.ly’s “all-in” approach 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 at the same level as Superman and Tim Sykes can also use Profit.ly’s capabilities. Profit.ly’s capabilities to display their skills to others as a way to guide them through the ever-illustrious trading process. Tim Sykes Ruby’S Cafe
Profit.ly’s Pros and Cons
- Profit.ly’s diverse capabilities as a “one-stop” stock trading platform enable traders from all over the world with an abundance of knowledge tools, communication, and trading tools
- You get to be taught by experts and advice from the company’s in-house gurus, including video libraries that teach you how to learn and real-time trading activities
- You’re guaranteed transparency throughout Profit.ly with precise analytics and fellow traders who are ready to reach you when something goes wrong.
- The leaderboard feature on the platform gives you the opportunity to increase your reputation as a reliable and authentic 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 variety of subscription levels and guru packages are priced at affordable rates – there truly is something for all
- Profit.ly’s numerous 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’s an opportunity that some them could profit from picking the most profitable trades to improve their ratings – this may be a problem that shouldn’t be ignored.
- Profit.ly does not offer refunds because its premium users will immediately benefit from the many services the platform has to 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 would be an affirmative “yes”. But you need to understand that it shouldn’t be treated as a scheme to get rich quick. It wasn’t designed to be used to achieve this goal. Instead, it is best to keep the ability to think with an open heart. Tim Sykes Ruby’S Cafe
What we are referring to”yes” is it is a fantastic learning tool. People who are stuck may be able to find Profit.ly’s variety of resources helpful as they do their best to reduce loss and perform better than they did before. It’s not just the struggling traders who will benefit from the platform. It is able to accommodate novices and even experts!
If you truly want to become better at trading and wish to be taught by your fellows and gurus throughout the process, then look no further – Profit.ly is a fantastic choice to start.
FAQ Tim Sykes Ruby’S Cafe
How can you make use of Profit.ly to publish your trades?
Profit.ly offers an entry section for trades under the My Trade category on the dashboard. It lets you record your trades, either verified or not. You may choose between three choices:
- Linking your account to the brokerage of choice and importing transactions directly through there
- Manually entering your trades into specified spaces and information.
- Take a photo of your transactions
How can I tell whether the trade can be verified or not?
If you buy your trade through a reliable brokerage, there’s a high probability that it’s verifiable. This is indicated with the blue check mark. If you submit the information manually or via pictures, it will be assigned as unverified.
The downside of having an unverified trade is the possibility of receiving downvotes from colleagues. If you receive too many negative votes, it could result in you appearing at the top of the Madoff leaderboard, where users are able to identify who is dishonest in posting 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 on the Google Play store. The mobile version of the app is compatible with the majority of functioning tablets and smartphones.
How many are connected to Profit.ly?
Profit.ly is currently home to over 150,000 investors and traders as they not only are 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.