Stock trading can be a high-stakes game. On some days, you could have the benefit of positive and satisfactory numbers. However, on other days you may experience the opposite and it could be very difficult to get back to the point you were at your best. If you are always in the mud it is important to recognize that relying on pure instinct and preservation is not always enough.
If you’ve experienced losses from time to time You’ll need solid advice from seasoned and tested trading experts. You’re also gonna need an important boost from fellow traders from around the globe. That’s why we’ve found an online platform that will help you in your improvement in the market. We’ll take a 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. 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 Shorting Penny Stocks
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 various levels to be knowledgeable and accountable, as well as transparent and uplifting with each other through its broad range of features and tools such as trade verification, chat rooms and a rich library of educational content.
How do I define Profit.ly?
Profit.ly is a site for trading that functions as a learning and training platform for people who are just beginning their journey and also as a platform for experienced traders to track their performance with the help of advanced analytics tools. Offering users a broad variety of tools for trade and communication and letting traders from every field of business connect with each other. It offers gurus with an opportunity to invest in the right areas that the site. Think of it as an online social media platform similar like Facebook and Reddit however it is geared towards traders and experts.
Profit.ly independently validates trade performance and posts all the data from them in the form of leaderboards. The platform’s trading model is based on trust and transparency. it makes sure that transactions are legitimate and will not tolerate inauthenticity as much as it is possible. It was established 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 declared that Profit.ly was driven by its focus “on the transparency of every trade, something that has never been previously done.” The idea, he added, served two objectives: one) making public records for everyone, not just the experts and students and newsletter writers, and 2) making it possible for anyone on the platform to be enlightened by both losses and wins for the trading industry’s benefit. Tim Sykes Shorting Penny Stocks
How Does It Perform?
Profit.ly utilizes a subscription model that lets stock traders have access to a range of services and features geared towards achieving success. You can create an account on the site for free, but you’re limited to access to the leaderboard and follow the activities of non-gurus. If you’re ready to invest your money and see what stocks the experts are trading in real time You’ll need to join one of Profit.ly’s offers that we’ll discuss in the near future.
Making an account simple: Create an account with your experience and knowledge, then connect to your brokerage account, and you have yourself an opportunity to make your way to the top of the leaderboard. Profit.ly’s leaderboard feature, as previously mentioned, is designed to give its users a look at the performance of the trading community and its gurus. You’re not just allowed to prove that you’re worthy to the group of traders, but you can also utilize Profit.ly to shop from a guru with the assurance that you’re confident with their expertise and the legitimacy of their assertions.
If you feel uneasy with the concept of leaking your brokerage account, you can opt to post your trades, verified or otherwise, through photographs. Included in Profit.ly are a variety of courses in trading as well as the ability to look at the stats of a trader’s account and other methods to interact with your experts through the chatroom as well as 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 has been famously known for his involvement in penny stock trading. According to Investopedia Penny stock refers to a small-sized company’s stock which trades at just less than 5 cents 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 they can access funds from the general public. But don’t be mistaken – it’s also a high-risk game, which Sykes is sure to reveal through his many years of experience.
Since his initial beginnings in his late years in the high schools, Tim Sykes has, since then, made over $6 million of earnings during his long and successful career as trader. At 25 years old Tim Sykes had received more exposure and a wider 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 and educational material aimed at those who are just beginning to learn about trading. He also helped establish Profit.ly as a place for 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 education resources, trade alerts, and other helpful stuff provided by the platform’s in-house gurus. These gurus refer to experts in the field of trading who have made significant amounts of profit from their combined years of expertise. Tim Sykes Shorting Penny Stocks
At its peak, Profit.ly had housed up to five gurus, all of them a professional in their field of expertise in the trading industry. Some of the prominent gurus included Connor Bruggermann, Nathan Michaud of Investors Underground, and Triforce among others. As of this writing, however, only two gurus remain on this platform: the 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 take a look at the packaged offers each guru has to offer.
From Tim Sykes Tim Sykes: Tim’s Alerts
Sykes provides an essential stock trading service with the main priority being penny-priced day trading with Tim’s Alerts. At $74.95 monthly, you’ll be able to see him concentrate on the basic stock catalysts and employ them to forecast the next moves that could occur when trading.
A standalone purchase from Tim’s Alerts will get you access to the chatroom, as well as the mobile app available for iOS as well as Android devices, as well as email, text and push alerts; as well as a daily watchlist of stocks.
Tim Sykes: From Tim Sykes: The Pennystocking Silver Package
Pennystocking Silver is the highest-quality version, with an upgraded version of Tim’s Alerts program. At $149.95 monthly, this is an ideal plan for those who are committed to investing in penny stocks. Pennystocking Silver comes with all the standard features found in earlier plans such as alerts for swing trading and access to a rich collection of more than 7,000 educational videos, with new ones released each week.
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The following video is from “Superman” Paul Scolardi: Superman Alerts
Scolardi, who goes by the alias “Superman,” is a professional in swing trading with an eye for small-cap monumental stocks and crazy-accurate marketing forecasts. Since the time he started trading, Superman has amassed over $5.5 million in all-time trading profits. Tim Sykes Shorting Penny Stocks
The Superman Alerts plan is his package of vital features and trading alerts geared to those interested. For just $147 per month, you’ll have an access to the day-to-day premarket stock watchlist and the mobile app, the daily market commentary in real-time, and E-mail and SMS alerts.
The film “Superman” Paul Scolardi: Superman Pro
At $247/month, you get additional features and access to the extensive knowledge base that is provided by Superman himself via Superman Pro. Superman Pro package. Alongside the standard features featured in the Alerts plan, Superman Pro gives you weekly video lessons, including an ever-growing library of previous lessons. Additionally you’ll also have the ability to access premium reports on research and the IPO and earnings tracker.
Profit.ly Programs and Costs
If you’re eager to join the online trading community and leave a mark in the field, Profit.ly has the right amount of resources to help you up and running. Profit.ly offers three membership levels that are designed to accommodate traders at different levels. Let’s break down what these three are and how much they will cost you.
Novice Plan
The package called Novice is Profit.ly’s basic plan that is designed specifically for people who are brand new to the trading community. As you sign to this plan, you will be immediately provided with a variety of powerful and essential trading tools, each of which is essential to keep your hands on what we can describe as a cutthroat process by itself.
Some of the features you can accomplish using Profit.ly’s Novice program is the ability to verify the results of your trades and track profit as well as leading, following and even chatting with your fellow traders, as well as giving feedback on the trades of today. You can also get on leaderboards, analyze, sort, and filter your trades and, lastly, view the statistics of other traders.
The Novice plan is $29.95 per monthly payment. 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 personal information public. If you’re looking to gain the benefit of this service, you should be watching for us to introduce to you Profit.ly’s new plan.
The Trader Plan
The Trader package lets you to take advantage of 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 fellow associates all your insights and information you have gained from this trading group.
The price is $49.95/month, Profit.ly’s Trader plan is exactly what it says: Cater for those looking to improve their skills in trading. Although it’s a nice thing however, there’s a crucial feature that is missing. In contrast to the Novice package, this one won’t be able to see the statistics of other traders this might be a drawback for those who are looking forward to this tier. Tim Sykes Shorting Penny Stocks
Pro Plan
The Professional plan can be described as the most premium package that Profit.ly can offer to experienced traders. It costs $74.95 each month with a 22% discount for billing annually This plan offers it all. You get full, no-holds-barred access to all options of the prior plans.
You’re not only able to see other users’ stats and data, but you also have the chance to create a private profile. These two features are on top of all the advantages that you can utilize to the fullest potential. If you’re in search of an option that gives all the features you need to be a skilled trader, maybe the Pro plan is ideal for you!
Profit.ly’s Other Services
In addition to the trainer tools and leaderboards, Profit.ly provides a variety of other services they provide. One of them is the online store, where customers can select from a variety of instructional videos that are created to guide you through the ins and outs of trading. Each of the offerings listed on this page of the website is available to be bought immediately for your 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 about short stocking, penny stocking, as well as all related to trading, videos and footage taken from The Annual Pennystocking Conference, and other products by expert traders.
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Chat rooms integrated into Profit.ly are as well part of Profit.ly’s range of features and services. You’re probably familiar with chat rooms since you will see it on social and messaging platforms in addition to a few special websites that offer live chat support. 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 way in running their chat rooms and dealing with the listed members there. Some may be a laid-back person who is less active, while another may be more active and in touch to their pupils. Think of chat rooms as Profit.ly’s version of the forum in essence.
Who is the best trader to Profit.ly?
Profit.ly’s wide range of products and features cater to an array of stock traders, ranging from beginners to experienced pros. Given the wide range of options it offers, the platform surely has something for all.
Beginners, for instance, will appreciate Profit.ly’s library of learning information available on the platform. They will also be provided with videos every week and chat room advice by its internal gurus and members. They’ll also be able choose from the items in its online store for them to take wherever they may be. You can also get hands-on experiences from trading within the platform, but ultimately they’ll realize that trading is a risky game that shouldn’t be treated as a joke.
For traders who have decades of experience in the line, we see Profit.ly equally suited to them as the newcomers. While the newbies may not be as proficient in dealing with trading issues but the experts already know how it works along with the stack full of risks that come with it. Ideally, they may use Profit.ly’s variety of features to their best advantage to develop their skills in trading. As beginners, they are able to learn from the top experts and experts and utilize those quick tips and tidbits along the way.
Profit.ly’s ‘all-together’ nature isn’t limited to novices and semi-experienced traders. Verified experts can also join in the fun! Trade professionals who are on similar levels to Superman as well as Tim Sykes can also use Profit.ly’s capabilities. Profit.ly’s abilities to show off their skills to others as a way to help guide them through the ever-illustrious trading process. Tim Sykes Shorting Penny Stocks
Profit.ly’s Pros and Pros and
The Pros
- Profit.ly’s many capabilities as a ‘one-stop’ platform for trading stocks allows traders across the globe with a wealth of education communications, trading, and communication tools
- You’ll receive excellent training 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 precise analytics as well as other traders that are waiting to reach you out whenever something happens
- The platform’s leaderboard feature gives you the opportunity to increase your credibility as a trustworthy and verifiable 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 images
- Profit.ly’s variety of subscription plans and guru packages are priced at reasonable prices There’s something for everyone
The Cons
- Profit.ly’s numerous packages and products offered may not be enough for a lot of its users
- If traders decide to make any type of trade, there is a possibility that some of them may take advantage by picking the most profitable trades to improve their ratings – this may be a problem that shouldn’t be simply overlooked
- Profit.ly will not allow refunds as its premium users are expected to instantly take advantage of the numerous features the platform is able to offer
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The Final Verdict is: Is Profit.ly worth it?
If we were able to come up with an answer to this question, it would be yes. But you need to understand that it shouldn’t be treated as a quick-fix scheme to make money. The platform wasn’t originally intended to be created for this reason. Instead, you need to have the ability to think with an open heart. Tim Sykes Shorting Penny Stocks
What we are referring to”yes” is it is a fantastic learning tool. Those who may be stuck may discover Profit.ly’s variety of resources to be helpful in their efforts to reduce losses and perform better than before. It’s not only the struggling traders who will profit from the platform. It will be able to accommodate beginners as well as even experts!
If you truly want to become better at trading and wish to be taught by your fellows and gurus along the way, then you should look no further than Profit.ly. Profit.ly could be a good alternative to start.
FAQ Tim Sykes Shorting Penny Stocks
What are the best ways to use Profit.ly to publish your trades?
Profit.ly has the option of allowing trade entries in the ‘My Trade’ category of the dashboard that lets you record your trades, either verified or not. There are three options:
- Linking your account with your brokerage of choice and then importing trades directly from there
- Manually entering your trades using specified spaces and information.
- Send a screen shot of your transactions
What can I do to determine whether the trade can be verified or not?
If you buy your trade through a reliable brokerage, there’s an excellent probability that it’s verifiable. This is shown by the small blue check. If you upload the information manually or via images, it will be assigned as unverified.
The downside of having an unverified trade is the possibility of receiving negative feedback from fellow peers. If you receive too many negative votes, it could cause you to show up in the Madoff leaderboard, where users can see who’s dishonest in posting trades.
Does the Profit.ly mobile application still available?
As of the moment, Profit.ly is still available to download via the App Store for Apple and on the Google Play store. The mobile app version works with all functioning tablets and smartphones.
How many people are currently 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 assist each other to grow and learn more about acquiring stock market opportunities both right and left.
