Stock trading can be an extremely risky game. Some days, you could be reaping the benefits of positive and satisfying numbers. However, on other days it could be the reverse and it can be very difficult to return to where you were your most productive. If you are constantly stuck in the gutter, you will have to recognize that relying on instinct and survival may not always be enough.
If you’ve experienced loss from time to time You’ll need sound advice from tried-and-tested trading experts. Also, you’ll need an important boost from trading partners from all over the globe. That’s why we’ve discovered a platform that can support you to improve your performance in the market. We’ll take an in-depth look at Profit.ly, a well-recognized 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. Do check out our article below, however, because it has a comprehensive overview of Profit.ly.
Total Rating: 4.1/5 Tim Sykes Spikeability Dvd Download
Value: 4.1/5
Quality: 4.1/5
Costs: 4.1/5
User Experience: 4.5/5
Summary
Profit.ly is an online trading platform that enables traders of various levels to be knowledgeable responsible, transparent, and encouraging each other by offering a wide range of features and tools like trade verification, chat rooms, and an enriched library of educational material.
What is Profit.ly?
Profit.ly is a trading website that serves both as a learning and education platform for those who are just beginning their journey and also as a platform for traders who are experienced to monitor their performance using the aid of cutting-edge analytics tools. Providing users with a wide array of options to facilitate trade and communication that help traders from all walks of life network with one another. It gives the gurus worthy investments within the boundaries of the platform. Think of it as the social media equivalent to Facebook and Reddit but with a focus on traders and experts.
Profit.ly independently validates trade performance and posts all the data of them in the manner of leaderboards. The platform’s trading model is based on honesty and transparency: it ensures that the transactions are legitimate and will not tolerate inauthenticity as much as possible. It was established many years ago by penny stock trade expert and investment guru Timothy Sykes, along with the other expert Michael Mosseri.
In an interview for Forbes magazine Sykes stated that Profit.ly was motivated by its focus “on showing the entire spectrum of trades, something which has never been prior to.” The idea Sykes said served two goals: 1.) creating public track records for all traders, not just the gurus and students and newsletter writers as well as) giving all users to be enlightened by both losses and wins to benefit the industry of trading. Tim Sykes Spikeability Dvd Download
How Does It Perform?
Profit.ly follows a subscription-based model that allows stock traders to have access to a range of services and features geared toward success. You may set up an account for free, but you’re limited to the capability to browse the leaderboard and follow the activities of non-gurus. If you’re ready to invest your money in order to find out what stocks the experts are trading in real-time it is necessary to subscribe to any of Profit.ly’s deals, which we will discuss in the near future.
Setting up an account is easy: create an account with your experience and skills, join to your brokerage account and you’ll be given the chance to climb your way up to high on the leaderboard. Profit.ly’s leaders’ board feature as we’ve mentioned earlier was designed to offer its users a glimpse of the performance of the trading community as well as its gurus. You’re not just allowed to demonstrate value to a group of traders. You can also use Profit.ly to shop from a guru with the confidence that you are confident in their skills and the legitimacy of their claims.
If you’re not comfortable with the idea of sharing the details of your broker account then you could choose to publish your trades, verified or otherwise, through photographs. Included in Profit.ly is the huge selection of trading classes and the capability to see stats in a trader’s profile and other methods to communicate with your gurus via chatrooms along with email and text alerts as well as updates.
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Meet Tim Sykes, the founder: Tim Sykes
Timothy Sykes is a well-renowned day trading personality who is well-known for delving his hands into the penny-stock market. According to Investopedia, a penny stock is a small business’s stock that trades for less than $5 per share. Penny stock trading could be viewed as a stepping stone for small-scale businesses to make the transition into a larger market because they can access money from the public. But don’t make the mistake of thinking that it can also be a high-risk game, which Sykes is sure to reveal thanks to his years of expertise.
Since his initial beginnings in the latter years of the high schools, Tim Sykes has, since then, earned more than $6 million in earnings during his long and successful career as trader. At 25 years old, he had been given greater exposure and an even wider influence over time as a participant in the reality TV show “Wall Street Warriors.” Then, he made use of the show to develop trading rooms, penny stock themes, and educational material aimed at those who are new to the trading field. He also helped to 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 learning sources, trade alerts and other useful stuff offered by the in-house experts of the platform. The gurus in question refer to the trading experts who have proven to make substantial amounts of money from their collective years of experience. Tim Sykes Spikeability Dvd Download
At its peak, Profit.ly had housed up to five gurus. Each of them a professional within their particular field in the field of trading. Some of the most famous experts included Connor Bruggermann, Nathan Michaud of Investors Underground, and Triforce among others. At the time of writing only two gurus remain on the platform: 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 packaged offers each guru offers.
From Tim Sykes: Tim’s Alerts
Sykes provides basic stock trading services which focuses on penny-stock day trading via Tim’s Alerts. The cost is $74.95 monthly, you’ll be able to see him concentrate on the basic stock catalysts and employ them to anticipate the next moves that could occur when making trades.
A standalone purchase in Tim’s Alerts will get you access to the chatroom and the mobile app available for iOS as well as Android devices, text, e-mail, and push alerts; and a daily stock watchlist.
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 for a month it is an ideal plan for investors who are involved in investing in penny stocks. Pennystocking Silver includes all the basic features found in earlier plans including alerts for swing trading and access to a rich library of over 7,000 educational videos and new videos released each week.
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In “Superman” Paul Scolardi: Superman Alerts
Scolardi, who goes by the name “Superman,” is a trader who has 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 Spikeability Dvd Download
The Superman Alerts package is his offer of the most essential features and trading alerts targeted towards those who might be interested. For $147/month, you’ll get access to the daily stock watchlist that is premarket along with the mobile app, the daily market commentary in real-time, and email and SMS alerts.
In “Superman” Paul Scolardi: Superman Pro
For the price of $247, you receive additional features, as well as access to a knowledgeable base that is provided by Superman himself via the Superman Pro package. In addition to the basic features that are included in the Alerts package, Superman Pro gives you weekly video lessons, including a growing library of all the previous ones. On top of that you’ll also gain the ability to access premium reports on research and the IPO as well as earnings tracking tool.
Profit.ly Plans and Costs
If you’re ready to join the trading community on the internet and leave a mark in the market, Profit.ly has the right amount of tools to get you up and running. The platform offers three membership levels that are designed to accommodate traders of different levels. Let’s break down what these three are and how much they’ll cost you.
Novice Plan
The Novice package is Profit.ly’s basic plan that is designed specifically for people who are brand new to the trading community. As you sign up for this plan you’ll be given a slew of robust and essential trading tools, each one of them essential in keeping your fingers on what 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 confirm trades and track profits as well as leading, following and even texting your fellow traders; and providing feedback on trades today. You can also get on leaderboards; analyze the results of your analysis, sort, as well as filter trades; and, lastly, view other’s stats.
The Novice plan is $29.95 per month. Although it might look appealing just by the price, there is a downside. You aren’t able to create a personal account, making your activities publicly available. If you’re looking to have access to this feature, you should stay tuned as we introduce to you Profit.ly’s new plan.
Trader Plan
The Trader plan allows users to benefit from a majority of features from The Novice package. In this plan, that you are able to create an account that is private to share with fellow associate users all your knowledge and information you have gained from this trading group.
The price is $49.95/month, Profit.ly’s Trader plan does what the name suggests catering to those who desire to improve their skills in trading. Although it’s a nice thing but there’s one important aspect that’s not included. In contrast to the Novice package, you won’t be able view other traders’ stats, which could be a disadvantage for some who may be looking forward to this tier. Tim Sykes Spikeability Dvd Download
Pro Plan
The Professional plan can be described as the highest premium package that Profit.ly offers to experienced traders. With $74.95 monthly, with an additional 22% discount when billed annually the Pro plan has everything. You get full, no-holds-barred access to all features from the two previous plans.
Not only do you get to see other users’ stats and data, but you also have the opportunity to create a private profile. Both of these options, in addition to the benefits that you can use to the maximum extent. If you’re in search of a plan that can serve you everything you need as an experienced trader, the Pro tier could be ideal for you!
Profit.ly’s Other Services
In addition to the trainer tools and leadersboards Profit.ly offers a number of additional services that it can offer. One of them is the online store, which lets users pick from a range of video products created to guide you through the nuances and pitfalls of trading. The products listed on this page of the website can be immediately purchased for personal use. Among these products include best-sellers such as the “Trading Tickers” series by trader specialist Tim Grittani, Timothy Sykes’s collection of DVDs, streaming-only content on penny stocking, short stocking, and other related to trading, videos and clips taken from The Annual Pennystocking Conference, and items from other experts in trading.
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Chat rooms integrated into Profit.ly are included in Profit.ly’s range 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 as well as some specialty websites that provide live chat support. But on Profit.ly the chat room is viewed as a real-time space where experts and their members trade and learn in real time. Every guru has their own way when it comes to running their chat room and dealing with the members there. One of them may be laid back and rarely engaged, while another could be more active and in touch in their interactions with students. Think of chat rooms as Profit.ly’s version of the forum, in the essence.
Who is the ideal trader to Profit.ly?
Profit.ly’s variety of offerings and features cater to a large variety of stock traders, from beginners to experienced pros. Considering the number of offers it offers this platform definitely has something for everyone.
Newbies, for instance, will appreciate Profit.ly’s collection of educational content offered throughout the platform. In addition, they will get daily videos and chat room tips from its in-house gurus and their members. They’ll also be able to select from the products in its online store to carry with them wherever they may travel. Additionally, they can gain practical experiences from trading within the platform, but ultimately, they will soon learn that the process is a risky game that should not be viewed as an amusing pastime.
For those traders who have had decades of experience in the line, we believe Profit.ly equally suited for them as it is for the newcomers. While novice traders may not be as adept at dealing with trading issues, the pros already understand how it works and the stack full of risks associated with it. It is ideal to utilize Profit.ly’s array of options to their maximum advantage to improve their skills in trading. Like beginners, they can learn from the experts and experts and utilize those short tips and tricks along the way.
Profit.ly’s “all-in” approach isn’t limited to novices and semi-experienced traders. Verified experts can also join in the fun! Trade professionals who are at an equal level with Superman as well as Tim Sykes can also use Profit.ly’s capabilities. Profit.ly’s capabilities to showcase their skills to others as a way to navigate them through the ever-changing trading process. Tim Sykes Spikeability Dvd Download
Profit.ly’s Pros and Pros and
The Pros
- Profit.ly’s diverse capabilities as a “one-stop’ stock trading platform enable traders across the globe with tons of learning tools, communication, and trading tools
- You’ll be taught by experts and insights from its in-house gurus, including collections of educational videos as well as trading in real-time.
- 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 core capabilities, Profit.ly also gives its customers extra options that can be tailored to their needs, like posting trades that are not authentic by taking screenshots
- Profit.ly’s wide array of packages and subscription levels are priced at reasonable prices – there truly is something for everyone
The Cons
- Profit.ly’s numerous products and packages offered might be too much for most of its customers
- Since traders can choose to make any type of trade, there’s the possibility that some of them could profit from selecting the best trades in order to boost their rating This could be a problem that shouldn’t be overlooked.
- Profit.ly will not allow refunds because its premium users are expected to immediately benefit from the number of features the platform is able to provide
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The Final Verdict: Is Profit.ly Worth It?
If we could come up with an appropriate answer for this query, it would be a ‘yes’. But you need to understand that it shouldn’t be treated as a quick-fix scheme to make money. The platform was not always designed to be used in this way. Instead, you should have an open mind. Tim Sykes Spikeability Dvd Download
What we are referring to”yes” is that it is a fantastic learning tool. For those who are struggling, they may find Profit.ly’s array of resources helpful as they do their best to reduce losses and perform better than before. Not only poor traders that can profit from the platform. It is able to accommodate novices and even experts!
If you truly want to become better at trading and wish to learn from your peers and experts along the way, then take a look at Profit.ly. Profit.ly is a fantastic choice to start.
FAQ Tim Sykes Spikeability Dvd Download
What are the best ways to use Profit.ly to post your trades?
Profit.ly offers the option of allowing trade entries within the My Trade section of the dashboard that lets you post your trades, either verified or not. There are three options:
- Linking your account with your brokerage of choice and importing trades directly from there
- Manually inputting your trades with specified spaces and information.
- Take a photo of your transactions
How can I tell whether the trade can be verified or not?
If you import your trade from a reputable brokerage, there’s the chance that it is verifiable. This is evident by the small blue check. If you upload the information manually or via pictures, it will be classified as unverified.
The disadvantage of an unauthenticated trade is the chance of receiving downvotes from colleagues. Too many downvotes may cause you to be listed on the Madoff leaderboard, which is where the public can detect who’s being fraudulent in posting trades.
Is the Profit.ly mobile application still available?
As of the moment, Profit.ly is still available to download from the Apple App Store as well as the Google Play store. The mobile version of the app works with all working smartphones and tablets.
How many are on Profit.ly?
Profit.ly is currently home to over 150,000 traders and investors, because they are not just seeking to make the most profit but also help each other develop and grow in their ability to take advantage of opportunities on the stock market both right and left.