Stock trading is a high-stakes game. On some days, you may enjoy the benefits of positive and satisfying numbers. On other days, the opposite may happen and it could be very difficult to return to where you were your most productive. If you find yourself always in the mud it is important to recognize that relying on pure instinct and preservation might not be enough.
If you’ve experienced loss from time to time You’ll need reliable advice from tested and tried trading experts. Additionally, you’ll require an important boost from fellow traders from around the globe, which is why we’ve identified an online platform that will help you to improve your performance within the field. In this review, we’ll take a look at Profit.ly is a well-known 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. To get a comprehensive overview of Profit.ly, you may still want to check out our article below.
Overall Rating: 4.1/5 Tim Sykes Spikeability Dvd Free Download
Value: 4.1/5
Quality: 4.1/5
Costs: 4.1/5
User Experience: 4.5/5
Summary
Profit.ly can be described as an online platform for trading that permits traders of different levels to be informed and accountable, as well as transparent and uplifting with each other by offering a wide array of tools and features including chat rooms, trade verification, and an enriched library of educational material.
What exactly is Profit.ly?
Profit.ly is a site for trading that serves both as a training and learning platform for people new to trading as well as a place for experienced traders to track their performance through the use of advanced analytics tools. It provides users with a vast array of options for trade and communication and letting traders from every field of business connect with one another. It offers gurus with an opportunity to invest in the right areas of this platform. Consider it a social media site akin the likes of Facebook and Reddit, but for experts and traders.
Profit.ly independently checks the performance of trades 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 trades are valid and won’t tolerate inauthenticity as much as it is possible. It was established many years ago by penny expert in stock trading and investment expert Timothy Sykes, along with the other expert Michael Mosseri.
In an interview for Forbes publication, Sykes declared that Profit.ly was based “on the transparency of the entire spectrum of trades, something which has never been previously done.” The idea, he added, served two objectives: one) making public records for everyone, not just the experts, but also the newsletter authors and students as well as) giving all users to gain insight into both the wins and losses to benefit the industry of trading. Tim Sykes Spikeability Dvd Free Download
How Does It Work?
Profit.ly follows a subscription-based model which allows stock traders to have access to a range of tools and services that are geared toward success. You can create an account on the site at no cost, however you’re only limited to having access to the leaderboard and follow the activities of non-gurus. If you’re looking to invest your money and see which stocks the gurus are trading in real time You’ll need to subscribe to any of Profit.ly’s deals, which we will review in the coming days.
Setting up an account is simple: Create a profile with your experiences and knowledge, then connect to your brokerage account and you have yourself an opportunity to make your way to high on the leaderboard. Profit.ly’s leaderboard feature, as mentioned previously was designed to offer its users a glimpse of their performance as a trading group and its gurus. It’s not only a chance to prove that you’re worthy to the large group of traders. You can also use Profit.ly to shop with a guru, and have the assurance that you’re comfortable in their skills and the legitimacy of their claims.
If you’re not comfortable with the idea of divulging your brokerage account, you can decide to share your trades, whether verified or not, via screenshots. In Profit.ly is the huge selection of courses in trading, the ability to view stats in a trader’s profile, and more ways to connect with your gurus in the chatroom, in addition to text and e-mail alerts and updates.
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Meet the Founder: Tim Sykes
Timothy Sykes is a well-renowned day trading personality who has been famously known for delving his hands into the penny-stock market. According to Investopedia the term “penny stock” is a small business’s stock which trades at under $5 for each share. The trading of penny stocks is an avenue for small businesses to transition to a market that is larger as they can access funds from the general public. However, don’t get it wrong – it’s also an extremely risky activity, as Sykes is sure to reveal because of his decades of expertise.
Beginning in his late years in high school, Tim Sykes has, since then, made more than $6 million in profit throughout his illustrious career as trader. At the age of 25 Sykes was given more exposure and a wider impact when he was a part of the reality TV show “Wall Street Warriors.” He made use of the show to develop trading rooms and penny stock themes as well as educational content targeted at those who are new to the trading field. He also helped to establish Profit.ly as a place of transparency and for the community to lift each other up and compete with each other on the platform.
The Profit.ly Gurus
One of Profit.ly’s sweet inclusions is the wide range of education tools, trade alerts as well as other useful information provided by the in-house experts of the platform. Gurus are referred to the trading experts who have proven to make significant amounts of profit from their collective years of knowledge. Tim Sykes Spikeability Dvd Free Download
At its height, Profit.ly had housed up to five gurus, each of them an expert in their field of expertise in the trading industry. Some of the prominent experts 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 of the penny stock market Tim Sykes and veteran smallcap swing trader Paul Scolardi, also known as Superman. In light of that Let’s look at the packaged offers each guru can offer.
From Tim Sykes: Tim’s Alerts
Sykes offers basic stock trading services with the main priority being penny-priced day trading with Tim’s Alerts. Costing $74.95 monthly, you’ll be able to see him focus on the basic stock catalysts and employ them to anticipate the next possible moves in making trades.
A single purchase of Tim’s Alerts will get you access to the chatroom and the mobile application that is available to iOS as well as 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. It costs $149.95 per month, this is a great option for those who are more involved in penny stock trading. Pennystocking Silver comes with all the standard features that were included in earlier plans which includes alerts for swing trading and access to an extensive library of over 7,000 educational videos, with new ones released weekly.
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The following video is from “Superman” Paul Scolardi: Superman Alerts
Scolardi, who goes by the alias “Superman,” is a swing trading professional with an eye for small-cap monumental stocks and crazy-accurate marketing forecasts. In the time since when he first started trading, Superman has amassed over $5.5 million in total trading earnings. Tim Sykes Spikeability Dvd Free Download
The Superman Alerts plan is his offering of essential features and trading alerts geared toward those who may be interested. For $147 per month, you’ll gain access daily stock watchlist that is premarket along with the mobile app, the daily market updates in real-time, and email and SMS alerts.
The film “Superman” Paul Scolardi: Superman Pro
For the price of $247, you receive additional features and access to the extensive knowledge base provided by Superman himself via his Superman Pro package. Alongside the standard features featured in the Alerts package, Superman Pro gives you weekly video lessons, including a growing library of all previous lessons. Additionally you’ll also gain an access to high-quality research papers as well as the IPO as well as earnings tracking tool.
Profit.ly Programs and Costs
If you’re eager to join the online trading community and leave your mark on the industry, Profit.ly has the right amount of resources to help you started. The platform has three membership levels that cater to traders with different levels. Let’s look at what the three tiers are and how much they’ll cost you.
Novice Plan
The package called Novice is Profit.ly’s basic plan that is designed specifically for those who are just beginning their journey to the world of trading. When you sign to this plan you’ll be offered a range of strong and indispensable trading tools, all of them integral in keeping your hands on what we can describe as a cutthroat process by itself.
Some of the features you can do using Profit.ly’s Novice package is the ability to confirm the results of your trades and track profit as well as leading, following, and even messaging other traders; and giving feedback on the trades of today. You’re also allowed to get on leaderboards, analyze, sort, or filter the trades you make; and, lastly, view other people’s statistics.
The Novice plan is $29.95 per month. While it may look attractive for the price alone, there is a downside. You can’t create a private profile, thus making your activities publicly available. If you do want to have 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 allows users to benefit from a majority of features from The Novice package. This plan allows that you can create an individual profile that allows you to share with other associate users all the insights and intel in trader’s community.
Priced at $49.95/month, Profit.ly’s Trader plan will do what the name implies caters to those who desire to develop their expertise in trading. Although it’s a nice thing, there is one significant element that’s missing. Unlike the previous Novice package, you will not be able to view other traders’ statistics this might be a drawback for those eager to try this new tier. Tim Sykes Spikeability Dvd Free Download
Pro Plan
The Professional plan can be described as the highest luxurious package Profit.ly could offer for seasoned traders. It costs $74.95 monthly, and an additional 22% discount for annual billing This plan offers everything. You will have full, unrestricted access to all features of the previous plans.
In addition, you’ll be able to see other users’ stats as well, you’re also offered the option of creating a private profile. Both of these options, in addition to the advantages that you can utilize to the maximum extent. If you’re looking for an option that gives all the features you need to be trader with experience, the Pro tier could be for you!
Profit.ly’s Other Services
Apart from the provided trainer tools and leaderboards, Profit.ly has a few additional services that it can offer. One of these is its online store, where customers can choose from a wide array of instructional videos that are created to provide guidance on the nuances and pitfalls of trading. All of the products featured 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 professional Tim Grittani, Timothy Sykes’s collection of DVDs, streaming-only content related to 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 integrated chat rooms are as well part of Profit.ly’s variety of services and features. You may be familiar with the concept of the chat room as you can find it throughout social and messaging platforms in addition to a few special websites that provide live chat assistance. But in Profit.ly, it is seen as a hands-on area where experts and members trade and share knowledge in real-time. Each guru has their style in running their chat rooms and in dealing with the members. One of them may be more laid back and not very often engaged, while another could be more active and in touch to their pupils. Think of chatrooms as Profit.ly’s version of a forum, in essence.
Who is the ideal trader to Profit.ly?
Profit.ly’s variety of offerings and features cater to the wide range of stock trader types, from beginners to experienced pros. With the variety of deals it offers it is certain to have something for every person.
Newbies, for instance, can take advantage of Profit.ly’s collection of educational information available on the platform. They will also get daily videos and chat room tips by its internal gurus and members. Additionally, they can pick from the merchandise available from its online store for them to take wherever they may travel. You can also get hands-on experiences from trading within the platform, however they’ll realize that this is a high-stakes game that shouldn’t be treated as an amusing pastime.
For traders who have decades of experience in the road, we consider Profit.ly as equally as suitable to people who are just beginning. While the newbies may not be as well-equipped with handling trading matters, the pros already understand how it works and the stack full of risks that come with it. Ideally, they may make use of Profit.ly’s array of features to their best advantage to enhance their trading abilities. As beginners, they are able to 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 isn’t limited to novices and semi-experienced traders. Experts who have been verified can also participate in the fun! People in the trade industry who are at the same level as Superman or Tim Sykes can also use up Profit.ly’s capabilities to display their expertise to other traders as a way to help assist them in the ever-changing trading process. Tim Sykes Spikeability Dvd Free Download
Profit.ly’s Pros and Cons
The Pros
- Profit.ly’s diverse capabilities as a ‘one-stop’ stock trading platform allows it to provide traders everywhere with an abundance of knowledge tools, communication, and trading tools
- You will be provided with excellent lessons and tips from the in-house gurus, including video libraries that teach you how to learn and live trading activity.
- You can be sure of complete transparency through Profit.ly with precise analytics as well as other traders ready to call you out if something occurs.
- The leaderboard feature of the platform offers you a way to build your credibility as a trustworthy and authentic trader
- Apart from its core features, Profit.ly also gives its users extra options to suit 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 all
The Cons
- Profit.ly’s bountiful stream of products and packages offered might not be enough for most of its customers
- Since traders can choose to make any type of trade, there’s the possibility that some of them may take advantage by cherry-picking the best trades to increase the rating This could be a concern that should not be simply overlooked
- Profit.ly does not accept refunds as the premium customers are expected to instantly take advantage of the numerous services that the platform can offer
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The Final Verdict is: Is Profit.ly Worth It?
If we could come up with an answer to this question, it would be an affirmative “yes”. But you need to understand that the platform should not be used as a scheme to get rich quick. The platform was not always intended to be created for this reason. Instead, you need to have curiosity. Tim Sykes Spikeability Dvd Free Download
What we do mean”yes” is that it can be a great learning tool. For those who are struggling, they could discover Profit.ly’s variety of resources useful when they try their best to reduce losses and perform better than before. It’s not only the struggling traders who will benefit from the platform. It can accommodate beginners and even experts!
If you really desire to be a better trader and want to learn from your fellows and gurus throughout the process, then look no further – Profit.ly is a fantastic option to begin.
FAQ Tim Sykes Spikeability Dvd Free Download
How can you make use of Profit.ly to publish your trades?
Profit.ly offers an entry section for trades within the ‘My Trade section of the dashboard which lets you post your trades, either verified or otherwise. You may choose between three choices:
- Connecting your account to your brokerage of choice and then importing the trades from that directly
- Manually entering your trades using specified spaces and information.
- Upload a screenshot of your transactions
What can I do to determine if the trade is verifiable or not?
If you purchase your trade through a reliable brokerage, there’s the probability that it’s verifiable. This is indicated with the blue check mark. If you submit it manually or through images, it will be classified as unverified.
The drawback of posting an unauthenticated trade is the risk of receiving negative feedback from fellow peers. A large number of downvotes could result in you appearing on the Madoff leaderboard, which is where the public are able to identify who is fraudulent in posting trades.
Are the Profit.ly mobile app still available?
At the time of writing, Profit.ly is still available to download via the Apple App Store as well as the Google Play store. The mobile app version is compatible with the majority of working smartphones and tablets.
How many are using Profit.ly?
Profit.ly currently houses more than 150,000 investors and traders as they not only are looking to earn maximum profits but also to help one another learn and improve in acquiring opportunities on the stock market both right and left.
