Stock trading can be an exciting game with high stakes. Some days, you could be reaping the benefits of pleasing and positive numbers. On other days, however it could be the reverse and it can be extremely difficult to get back to where you were your most productive. If you’re immersed in the water, you will have to recognize that relying on your instincts and preserving might not be enough.
If you’ve experienced losses from time to time You’ll need reliable advice from tested and tried trading experts. You’re also gonna need a significant boost from your fellow traders from around the globe, which is why we’ve found a platform that can support you in your growth in the market. We’ll be taking a look at Profit.ly A well-respected 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.
Overall Rating: 4.1/5 Tim Sykes Supernova Scam
User Experience: 4.5/5
Profit.ly offers an internet-based trading service that permits traders of various levels to be informed and accountable, as well as transparent and uplifting with each other through its broad variety of tools and features such as chat rooms, trade verification as well as an extensive library of educational content.
What exactly is Profit.ly?
Profit.ly is a site for trading which serves as a learning and education platform for those who are just beginning their journey and also as a platform for experienced traders to track their performance with the help of cutting-edge analytics tools. It provides users with a vast range of resources for communication and trade and letting traders from every field of business connect with one another. It gives the gurus an opportunity to invest in the right areas of this platform. Think of it as a social media site akin the likes of Facebook and Reddit, but for professionals and traders.
Profit.ly independently checks the performance of trades and publishes all data from them in the form of leaderboards. The platform for trading is built on trust and transparency. it ensures that the trades are valid and won’t tolerate inauthenticity as much as possible. It was founded many years ago by penny stock trade expert and investment expert Timothy Sykes, along with his colleague Michael Mosseri.
In an appearance in Forbes magazine Sykes stated that Profit.ly was driven by its focus “on the transparency of the entire spectrum of trades, something which has never been done before.” The idea Sykes said served two purposes: 1) making public records for not just the gurus as well as newsletter authors and students, and 2) allowing all users to be enlightened by both losses and wins for the trading industry’s benefit. Tim Sykes Supernova Scam
How Does It Work?
Profit.ly utilizes a subscription model which allows stock traders to benefit from a variety of tools and services that are geared towards achieving achievement. You can create an account on the site for free, but you’re only given access to the leaderboards and monitor the actions of non-gurus. If you’re ready to invest your money and see which stocks the gurus are trading in real time, you will need to join one of Profit.ly’s offers, which we will discuss in the near future.
The process of opening an account is easy: create an account that includes your personal information and knowledge, then connect to your brokerage account and you’ll have a chance to shoot your way up to at the very top of the list. Profit.ly’s leaderboard feature, as mentioned previously it is designed to provide its users a look at how the community of traders performs and its gurus. It’s not only a chance to demonstrate your worth to a large group of traders. You can also utilize Profit.ly to shop from a guru with the assurance that you’re comfortable of their knowledge and the legitimacy of their assertions.
If you’re not comfortable with the idea of sharing information about your account with a brokerage, you may choose to publish your trades, verified or not, via photographs. Included in Profit.ly is the huge selection of trading classes as well as the ability to look at the stats of a trader’s account, and more ways to connect with your gurus via chatrooms as well as 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 guru who is famously known for delving his hands into trades in penny stocks. According to Investopedia, a penny stock refers to a small company’s stock that trades for under $5 for each share. Penny stock trading can be seen as an avenue for small-scale businesses to make the transition into a larger market because they can access money from the public. But don’t be mistaken – it can also be an extremely risky activity, as Sykes will be able to tell you through his many years of experience.
From his beginnings at the end of his time in High School, Tim Sykes has, since then, made more than $6 million in earnings throughout his illustrious career as a trader. At the age of 25, he had been given more exposure and a wider impact as a participant in the reality show “Wall Street Warriors.” Then, he used the opportunity to develop trading rooms as well as penny stock themes and educational material aimed at people who are brand new to the trading field. He also helped establish Profit.ly as a place of openness, and for the community to uplift and compete with each other through the platform.
The Profit.ly Gurus
One of Profit.ly’s amazing features is the vast array of education tools, trade alerts and other useful stuff offered by the in-house experts of the platform. These gurus refer to the experts in trading who have made significant amounts of profit from their collective years of knowledge. Tim Sykes Supernova Scam
At its peak, Profit.ly had housed up to five gurus. Each of them a professional within their particular field in the trading industry. Some of the most famous gurus included Connor Bruggermann, Nathan Michaud of Investors Underground, and Triforce as well as a handful of others. As of this writing, only two gurus remain on the platform: Founder and penny stock trader 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 offers.
From Tim Sykes Tim Sykes
Sykes provides an essential stock trading service which focuses on penny stock day trading through Tim’s Alerts. At $74.95 for a month you will observe him focus on fundamental catalysts for stocks and utilize them to anticipate the next possible moves in making trades.
A purchase on its own in Tim’s Alerts will get you access to the chatroom, as well as the mobile application that is available for iOS as well as Android devices, as well as email, text, and push alerts; and a daily stock watchlist.
Tim Sykes: 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 this is an ideal plan for investors who are invested in penny stock trading. Pennystocking Silver comes with all the standard features of earlier plans including swing trading alerts as well as unlimited access to a rich library of over 7,000 educational videos that are updated each week.
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The following video is from “Superman” Paul Scolardi: Superman Alerts
Scolardi who goes under 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 all-time trading earnings. Tim Sykes Supernova Scam
The Superman Alerts plan is an offer of the most essential features and trading alerts targeted to those interested. For $147 per month, you’ll gain access to the daily stock watchlist that is premarket along with the mobile application, daily market commentary shown in real time, and SMS and e-mail alerts.
The film “Superman” Paul Scolardi: Superman Pro
At $247/month, you get additional features, plus access to an extensive base of knowledge provided by Superman himself via Superman Pro. Superman Pro package. Alongside the standard features featured in the Alerts package, Superman Pro gives you daily video lessons, which include a growing library of all other previous ones. In addition, you’ll also get an access to high-quality research papers as well as the IPO and earnings tracker.
Profit.ly Programs and Costs
If you’re ready to join the trading community on the internet and leave your mark on the market, Profit.ly has the right amount of resources to help you going. The platform has three membership tiers that cater to traders with different levels. Let’s take a look at what these three tiers are and how much they’ll cost you.
The package called Novice is Profit.ly’s beginning-of-the-line plan specifically for people who are brand new to the world of trading. When you sign up for this package, you will be immediately offered a range of strong and indispensable trading tools, all one of them essential in keeping your hands on what we call a competitive process in and of itself.
Some of the features you can accomplish with Profit.ly’s Novice package is the ability to verify trades and track profits as well as leading, following, and even messaging other traders; and leaving feedback on today’s trades. You’re also allowed to get on leaderboards; analyze your trades, sort as well as filter trades; and lastly, look at the statistics of other traders.
The Novice plan costs $29.95 per month. While it may look attractive simply because of the price however, there’s a drawback. It isn’t possible to create a private account, making your activities publicly available. If you’re interested in have an account with this option, keep an eye on us as we present to you Profit.ly’s new plan.
The Trader package allows you to use a majority of features from the novice plan. This plan allows that you can set up an individual profile that allows you for sharing with fellow associates all your insights and information you have gained from the trading community.
Costing $49.95/month, Profit.ly’s Trader plan does what the name suggests catering people who want to develop their skills in trading. Although it’s a nice thing however, there’s a crucial element that’s missing. Unlike the previous Novice package, you won’t be able to view other traders’ statistics this could be a problem for some who may be anticipating this level. Tim Sykes Supernova Scam
This is by far the highest luxurious package Profit.ly can offer to experienced traders. With $74.95 each month with 22% off when billed annually the Pro plan has it all. You will have full, unrestricted access to all the features of the previous plans.
You’re not only able to view other people’s stats and data, but you also have the chance to create an individual profile. These two features are plus the other advantages you’ll be able to use to their fullest capacity. If you’re in search of an option that gives you everything you need as an experienced trader, the Pro level is ideal for you!
Profit.ly’s Other Services
In addition to the trainer tools and leaderboards, Profit.ly offers a number of other services they offer. One of those is its online store, which allows users to choose from a wide array of videos created to help you understand the nuances and pitfalls of trading. The products listed in this section of the site can be bought immediately for your personal use. Among these products include best-sellers such as”Trading Tickers,” the “Trading Tickers” series from trading expert Tim Grittani, Timothy Sykes’s library of DVDs and streaming-only content related to short stocking, penny stocking, and all other related to trading, videos and footage from events like the Annual Pennystocking Conference, and other products by expert traders.
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The chat rooms that are integrated are also part of Profit.ly’s range of services and features. You are probably familiar with the concept of chat rooms since you can find it throughout social and messaging platforms, and also on a few specialty websites that offer live chat support. However, in Profit.ly it’s seen as a real-time place where gurus and their member traders can communicate and share knowledge in real-time. Every guru has their own way in running their chat rooms and in dealing with the members there. One might be laid back and rarely active, while another may be more online and communicative with their students. Think of the chat rooms like Profit.ly’s version of a forum, in its essence.
Who is the ideal trader to Profit.ly?
Profit.ly’s variety of offerings and features caters to an array of stock trader types, from novices to the most experienced. Considering the number of offers it has to offer, the platform surely has something for all.
Beginners, for instance, will appreciate Profit.ly’s library of learning information available on the platform. In addition, they will get daily videos and chat room advice by its internal gurus as well as their members. Additionally, they can pick from the merchandise available from its online store for them to take wherever they travel. They can also gain hands-on experience trading on the platform, but ultimately, they will soon learn that trading is a high stakes game that shouldn’t be taken as a joke.
For those traders who have had decades of experience in the line, we see Profit.ly equally suited for them as it is for the newcomers. Although the novices might not be as well-equipped with dealing with trading issues, the pros already understand how it works along with the stack full of risks associated with it. In the ideal scenario, they can use Profit.ly’s range of features to their full advantage to enhance their trading skills. Like beginners, they can learn from the top experts and experts , and use those simple tips and hints along the way.
Profit.ly’s ‘all-together’ nature doesn’t just apply to newbies and semi-experienced traders. Experts who have been verified can also participate in the fun! Those in the trading industry who are on the same level as Superman and Tim Sykes can also use up Profit.ly’s capabilities to showcase their expertise to other traders as a way to assist them in the ever-changing trading process. Tim Sykes Supernova Scam
Profit.ly’s Pros and Cons
- Profit.ly’s diverse capabilities as a “one-stop’ platform for trading stocks allows it to provide traders everywhere with a wealth of education communications, trading, and communication tools
- You’ll be taught by experts and insights from its in-house gurus, including libraries of educational videos and trading in real-time.
- You’re assured of transparency throughout Profit.ly by using accurate data and fellow traders ready to call you out if something occurs.
- The leaderboard feature of the platform offers you the opportunity to increase your reputation as a reliable and verifiable trader
- Apart from its main features, Profit.ly also gives its users extra options to suit their needs, like posting trades that are not authentic by taking photographs
- Profit.ly’s wide array of subscription levels and guru packages are priced at affordable rates There is truly something for everyone
- Profit.ly’s abundance of products and packages offered might not be enough for the majority of its users
- Since traders can choose to open any kind of trade, there is a possibility that some of them may take advantage by cherry-picking the best trades to improve their ratings This could be a concern that should not be simply overlooked
- Profit.ly does not accept refunds, as the premium customers are expected to immediately benefit from the number of 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 a ‘yes’. But you need to understand that this platform shouldn’t be viewed as a quick-fix scheme to make money. It wasn’t designed to be used for this reason. Instead, it is best to keep curiosity. Tim Sykes Supernova Scam
What we are referring to by ‘yes’ is that it can be a great learning tool. For those who are struggling, they may discover Profit.ly’s variety of resources useful as they do their best to incur lesser loss and perform better than before. It’s not only the struggling traders who will profit from the platform. It can accommodate beginners and even experts!
If you really want to become a better trader and want to be taught by your peers and experts along the way, then take a look at Profit.ly. Profit.ly is a fantastic alternative to start.
FAQ Tim Sykes Supernova Scam
What are the best ways to use Profit.ly to post your trades?
Profit.ly has an entry section for trades within the My Trade section of the dashboard that lets you record your trades, verifiable or not. You may choose between three options:
- Linking your account with your brokerage of choice and then importing the trades from that directly
- Manually entering your trades using the spaces provided and details
- Send a screen shot of your transactions
How can I tell if the trade is verifiable or not?
If you buy your trade from a trusted brokerage, there’s the probability that it’s verifiable. This is shown by the small blue check. If you post it manually or through screenshots, it will automatically be classified as unverified.
The downside of having an unauthenticated trade is the risk of receiving negative feedback from fellow peers. Too many downvotes may result in you appearing on the Madoff leaderboard, where people are able to identify who is fraudulent in posting trades.
Is the Profit.ly mobile app still available?
As of the moment, Profit.ly is still available to download from the Apple App Store as well as in the Google Play store. The mobile version of the app works with all working smartphones and tablets.
How many people are using Profit.ly?
Profit.ly is currently home to over 150,000 traders and investors, as they not only are looking to earn maximum profits but also assist each other to develop and grow in their ability to take advantage of opportunities on the stock market both right and left.