Stock trading is an exciting game with high stakes. On certain days, you might have the benefit of positive and satisfying numbers. On other days, however, the opposite may happen, and it may sometimes be very difficult to return to the point you were at your best. If you’re always in the mud it is important be aware that relying solely on pure instinct and preservation may not always be enough.
If you’ve experienced loss from time to time, you’re gonna be needing sound advice from tried-and-tested trading experts. You’re also gonna need a significant boost from your colleagues in the market from all over the globe, which is why we’ve found an option that can help you to improve your performance in the market. This review will be taking 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 Top Penny Stock News Letters
Value: 4.1/5
Quality: 4.1/5
Costs: 4.1/5
Users Experience 4.5/5
Summary
Profit.ly offers an internet-based trading service that allows traders of all levels to be informative, transparent, accountable, and encouraging each other through its broad range of features and tools like chat rooms, trade verification and a rich library of educational material.
How do I define Profit.ly?
Profit.ly is a site for trading which serves as a learning and education platform for people who are starting out and also as a platform for traders with experience to keep track of their performance using the aid of sophisticated analytics tools. Offering users a broad range of resources to facilitate trade and communication that help traders from all walks of life connect with one another. It gives the gurus an opportunity to invest in the right areas that the site. Imagine it as a social media site akin the likes of Facebook and Reddit but with a focus on experts and traders.
Profit.ly independently validates trade performance and publishes all data from them in the style of leaderboards. The platform’s trading model is based on transparency and honesty: it makes sure that transactions are legitimate and will not tolerate inauthenticity as much as possible. It was created in the past by penny stock trade expert and investment guru Timothy Sykes, along with his colleague Michael Mosseri.
One time during his interview with Forbes publication, Sykes stated that Profit.ly was driven by its focus “on showing the entire spectrum of trades, something which has never been prior to.” The idea was, he said, serving two purposes: 1) making public records for everyone, not just the experts as well as students and newsletter writers and secondly) allowing all users to be enlightened by both losses and wins to benefit the industry of trading. Tim Sykes Top Penny Stock News Letters
How Does It Work?
Profit.ly utilizes a subscription model that lets stock traders have access to a range of services and features geared towards achieving success. You may set up an account on the site at no cost, however you’re only given the capability to browse the leaderboard and observe the activities of people who aren’t gurus. If you’re interested in investing your money and see what stocks the experts are trading in real-time You’ll need to join one of Profit.ly’s deals, which we will review in the coming days.
Making an account simple: Create an account with your experience and expertise, connect to your brokerage account and you’ll be given the chance to climb through the top of the leaderboard. Profit.ly’s leaderboard feature, as we’ve mentioned earlier was designed to offer its users a look at their performance as a trading group as well as its gurus. You’re not just allowed to show value to a community of traders, as you are also able to use Profit.ly to buy with a guru, and have the assurance that you’re comfortable of their knowledge and the credibility of their assertions.
If you are unsure about the idea of divulging information about your account with a brokerage, you can choose to publish your trades, verified or not, via screenshots. Included in Profit.ly are a variety of trading courses as well as the ability to look at stats in a trader’s profile, and more ways to interact with your experts through the chatroom as well as text and e-mail alerts and updates.
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Meet the Founder: Tim Sykes
Timothy Sykes is a well-renowned day trader who is well-known for delving his hands into the penny-stock market. According to Investopedia the term “penny stock” is a small business’s stock that trades for under $5 for each share. Penny stock trading could be viewed as a stepping stone for small companies to move to a large marketplace as it gives them access to money from the public. But don’t make the mistake of thinking that it can also be an extremely risky game, as Sykes is sure to reveal thanks to his years of expertise.
From his beginnings at the end of his time in high school, Tim Sykes has, since then, earned an estimated $6 million profits throughout his illustrious career as trader. At 25 years old, he had been given greater exposure and an even wider impact as a participant in the reality series “Wall Street Warriors.” He then used the opportunity to develop trading rooms and penny stock themes and educational content geared toward people who are brand new to the trading field. He also played a role in establishing Profit.ly as a platform for transparency, and to allow the community to rise and compete with each other on the platform.
The Profit.ly Gurus
One of Profit.ly’s amazing features is the variety of educational tools, trade alerts and other helpful stuff provided by the company’s internal gurus. These gurus refer to the experts in trading who have made significant amounts of profit through their years of knowledge. Tim Sykes Top Penny Stock News Letters
At its height, Profit.ly had housed up to five gurus, all of them a professional in their field of expertise in the field of trading. Some of the most prominent experts were Connor Bruggermann, Nathan Michaud of Investors Underground, and Triforce as well as a handful of others. At the time of writing, only two gurus remain on this platform: Founder of the penny stock market Tim Sykes and veteran smallcap swing trader Paul Scolardi, also known as Superman. With that taken into consideration Let’s look at the packages each guru has to offer.
From Tim Sykes Tim Sykes
Sykes provides basic stock trading services that focuses on penny-priced day trading with Tim’s Alerts. Costing $74.95 for a month you’ll be able to be able to see him concentrate on the fundamental stock catalysts and use them to anticipate the next possible moves in making trades.
A purchase on its own from Tim’s Alerts will get you access to the chatroom and the mobile application that is available for iOS and 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 highest-quality, upgraded version of the Tim’s Alerts package. It costs $149.95 monthly, it is an ideal plan for investors who are involved in penny stock trading. Pennystocking Silver includes all the basic features that were included in prior plans, which includes swing trading alerts as well as unlimited access to a rich library of more than 7,000 instructional videos and new videos released weekly.
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From “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. In the time since when he first started trading, Superman has amassed over $5.5 million in total trading profits. Tim Sykes Top Penny Stock News Letters
The Superman Alerts plan is his offer of the most essential features and trading alerts geared towards those who might be interested. For just $147 per month, you’ll have access to the daily stock watchlist that is premarket and the mobile app, daily market commentary in real-time, and SMS and e-mail alerts.
From “Superman” Paul Scolardi: Superman Pro
At $247/month, you get additional features and access to a knowledgeable base of information provided by Superman himself, via his Superman Pro package. In addition to the basic features featured in the Alerts plan, Superman Pro gives you daily video lessons, which include a growing library of all the previous ones. On top of that you’ll also have the ability to access premium reports on research and an IPO as well as earnings tracking tool.
Profit.ly Programs and Costs
If you’re ready to join the world of online trading and leave your mark on the market, Profit.ly has the right amount of resources to get you up and running. The platform has three membership levels that are designed to accommodate traders at different levels. Let’s take a look at what these three levels are and what they will cost you.
Novice Plan
The Novice package is Profit.ly’s beginning-of-the-line plan specifically for those who are just beginning their journey to the trading community. When you sign to 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 could call a ruthless process in and of itself.
The list of features you can accomplish with Profit.ly’s Novice package is the capability to check the results of your trades and track profit and follow-up, leading and even texting your fellow traders; and leaving feedback on today’s trades. It also allows you to be onto leaderboards; study the results of your analysis, sort, as well as filter trades; and, finally, see other’s stats.
The Novice plan will cost $29.95 per monthly payment. While it may look attractive for the price alone but there’s a disadvantage. You aren’t able to create a personal profile, which makes your personal information public. If you’re looking to have the benefit of this service, you should stay tuned as we introduce to you Profit.ly’s next plan.
Trader Plan
The Trader package allows users to benefit from the majority of features available in The Novice package. It is in this plan that you can create an individual profile that allows you for sharing with fellow associates all your insights and intel in trader’s community.
Priced at $49.95/month, Profit.ly’s Trader plan does what the name suggests catering to those who desire to harness their skills in trading. While it’s nice but there’s one important aspect that’s not included. As opposed to the prior Novice package, you won’t be able view other traders’ stats, which could be a problem for some who may be looking forward to this tier. Tim Sykes Top Penny Stock News Letters
Pro Plan
The Professional plan can be described as the most premium package that Profit.ly can offer to experienced traders. At $74.95 per month, with an additional 22% discount when billed annually, this tier has it all. You will have full, unrestricted access to all the features from the two prior plans.
Not only do you get to view other people’s stats as well, you’re also offered the chance to create an individual profile. Both of these features, in addition to the advantages that you can utilize to the maximum extent. If you’re in search of a plan that can serve all the features you need to be a skilled trader, maybe the Pro level is for you!
Profit.ly’s Other Services
Apart from the provided tools for training and Leaderboards Profit.ly provides a variety of additional services that it can provide. One of these is its online store, which lets users choose from a wide array of instructional videos that are designed to inform and guide you through the ins and outs of trading. All of the products featured in this section of the website is available to be purchased immediately for personal use. These include best-selling products like”Trading Tickers,” the “Trading Tickers” series by trading specialist Tim Grittani, Timothy Sykes’s collection of DVDs and streaming-only content about short stocking, penny stocking, and all other aspects of trading. There are also clips and footage of 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 variety of services and features. You are probably familiar with the concept of the chat room as you will see it on social and messaging platforms, as well as some specialty websites that offer live chat support. But in Profit.ly, it is seen as a real-time place where gurus and their member traders can communicate and learn in real time. Each guru has their style in running their chat rooms and dealing with the listed members. One might be more laid back and less active, while another might be more active and in touch in their interactions with students. Consider chatrooms as Profit.ly’s version of the forum, in its essence.
Who is the Ideal Trader for Profit.ly?
Profit.ly’s wide range of products and features cater to the wide range of stock trader types, from beginners to experienced pros. Considering the number of offers it offers it is certain to have something for all.
For instance, newbies will appreciate Profit.ly’s knowledge-based materials available across the platform. Not only will they be provided with videos every week and chat room advice from its in-house gurus and members. Additionally, they can select from the products in its online store that they can take with them wherever they may be. Additionally, they can gain practical experience trading on the platform, but ultimately they’ll realize that trading is a high-stakes game that shouldn’t be treated as an opportunity to make fun of.
For traders who have years of exposure down the line, we believe Profit.ly equally suitable to them as those who are just starting. Although the novices might not be as well-equipped with dealing with trading issues however, experienced traders know the way it functions and the stack full of risks associated with it. It is ideal to utilize Profit.ly’s range of features to their full advantage to enhance their trading skills. Like novices, they can learn from the experts and experts , and use those short tips and tricks along the way.
Profit.ly’s “all-in” approach does not only apply to beginners and semi-experienced traders. Experts who have been verified can also participate in the excitement! Those in the trading industry who are at similar levels to Superman or Tim Sykes can also use Profit.ly’s capabilities. Profit.ly’s capabilities to showcase their skill to others as a way to assist them in the ever-changing trading process. Tim Sykes Top Penny Stock News Letters
Profit.ly’s Pros and Cons
The Pros
- Profit.ly’s many capabilities as a ‘one-stop’ stock trading platform allows traders from all over the world with an abundance of knowledge communications, trading, and communication tools
- You get to be taught by experts and insights from its inside experts, as well as video libraries that teach you how to learn and live trading activity.
- You can be sure of complete transparency through Profit.ly with accurate analytics as well as other traders ready to call you out if something occurs.
- The platform’s leaderboard feature gives you the opportunity to increase your reputation as a reliable and verifiable trader
- Apart from its main features, Profit.ly also gives its customers extra options that can be tailored to their preferences, such as posting unauthentic trades via photographs
- Profit.ly’s diverse range of subscription levels and guru packages are priced at a reasonable cost There is truly something for all
The Cons
- Profit.ly’s abundance of products and packages offered might not be enough for most of its customers
- As traders may opt to make any type of trade, there’s an opportunity that some them will profit by selecting the best trades in order to boost their rating This could be a risk that shouldn’t be overlooked.
- Profit.ly will not allow refunds, as its premium users are expected to instantly benefit from the many features the platform is able to offer
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The Final Concluding Question is: Is Profit.ly worth it?
If we could come up with the answer, it’s yes. But it is important to realize that this platform shouldn’t be viewed as a scheme to get rich quick. The platform was not always intended to be created to achieve this goal. Instead, you should have curiosity. Tim Sykes Top Penny Stock News Letters
What we are referring to by ‘yes’ is that it can be a great learning tool. For those who are struggling, they could find Profit.ly’s array of resources helpful in their efforts to incur lesser losses and perform better than they did before. It’s not just the struggling traders that will benefit from the platform. It is able to accommodate novices and even experts in the field!
If you really desire to be a better trader and want to be taught by your fellows and gurus throughout the process, then you should look no further than Profit.ly. Profit.ly may be a great option to begin.
FAQ Tim Sykes Top Penny Stock News Letters
How do you use Profit.ly to post your trades?
Profit.ly has an entry section for trades in the “My Trade’ category of the dashboard. It lets you post your trades, verifiable or not. There are three options:
- Linking your account with your broker of choice and import the trades from that directly
- Manually inputting your trades with the spaces provided and details
- Take a photo of your transactions
What can I do to determine whether the trade can be verified or not?
If you import your trade from a trusted brokerage, there’s the probability that it’s verifiable. This is shown by the small blue check. If you upload it in a manual way or by taking pictures, it will be assigned as unverified.
The downside of having an unauthenticated trade is the chance of receiving negative feedback from colleagues. A large number of downvotes could result in you appearing on the Madoff leaderboard, where people are able to identify who is fraudulent in posting trades.
Are the Profit.ly mobile application still available?
As of this writing, Profit.ly is still available to download from the Apple App Store and the Google Play store. The mobile app version is compatible with the majority of functioning tablets and smartphones.
How many people are currently on Profit.ly?
Profit.ly currently houses more than 150,000 investors and traders, since they’re not just trying to maximize profits but also assist each other to develop and grow in their ability to take advantage of opportunities on the stock market all over the world.
