Stock trading is a high-stakes game. On some days, you might have the benefit of pleasing and positive numbers. On other days you may experience the opposite and it could be extremely difficult to return to the point you were at your most productive. If you are constantly stuck in the gutter You will need to recognize that relying on your instincts and preserving is not always enough.
If you’ve been incurring occasional losses and you’re likely to require solid advice from seasoned and tested trading experts. Also, you’ll need an important boost from trading partners from all over the globe. That’s why we’ve identified an online platform that will help you in your growth within the field. We’ll take 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. 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 Trades Profitly
The User’s Experience 4.5/5
Profit.ly is an online trading platform that permits traders of different levels to be knowledgeable, transparent, accountable, and to build relationships with one another through its wide variety of tools and features such as trade verification, chat rooms and a rich library of educational content.
How do I define Profit.ly?
Profit.ly is a trading website which serves as a learning and education platform for people new to trading and also as a platform for experienced traders to track their performance through the use of sophisticated analytics tools. Offering users a broad array of options for communication and trade, it helps traders from all walks of life connect with each other. It gives the gurus an opportunity to invest in the right areas of this platform. Imagine it as the social media equivalent like Facebook and Reddit however it is geared towards experts and traders.
Profit.ly independently checks the performance of trades and posts all the data from them in the style of leaderboards. The platform for trading is built on transparency and honesty: it guarantees that the transactions are legitimate and will not tolerate inauthenticity as much as is humanly possible. It was established years ago by the penny expert in stock trading and investment guru Timothy Sykes, along with the other expert Michael Mosseri.
In an appearance in Forbes magazine, Sykes stated that Profit.ly was driven by its focus “on showing the entire spectrum of trades, something which has never been previously done.” The concept Sykes said served two goals: 1.) making public records for all traders, not just the gurus as well as students and newsletter writers, and 2) allowing anyone on the platform to gain insight into both the wins and losses to the benefit of the trading industry. Tim Sykes Trades Profitly
How Does It Work?
Profit.ly utilizes a subscription model that lets stock traders have access to a range of features and services aimed toward success. It is possible to create an account on the site at no cost, however you’re only limited to having the capability to browse the leaderboards and monitor the activities of people who aren’t gurus. If you’re interested in investing your money and see which stocks the gurus are trading in real-time You’ll need to sign up to one of Profit.ly’s deals that we’ll go over shortly.
The process of opening an account is simple: Create an account with your experience and skills, join to your brokerage account and you’ll have a chance to shoot your way up to the top of the leaderboard. Profit.ly’s leaderboard feature, as we’ve mentioned earlier was designed to offer its users a glimpse of how the community of traders performs as well as its experts. You’re not just allowed to demonstrate your worth to a large group of traders, as you are also able to use Profit.ly to buy with a professional with the assurance that you’re confident of their knowledge and the veracity of their assertions.
If you’re not comfortable with the idea of sharing information about your account with a brokerage, then you could decide to share your trades, whether verified or not, by taking screenshots. Also included in Profit.ly are the vast number of trading classes, the ability to view the stats of a trader’s account and other methods to connect with your gurus via chatrooms along with 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 trader who has been famously known for delving his hands into the penny-stock market. According to Investopedia the term “penny stock” refers to a small company’s stock which trades at less than $5 per share. Penny stock trading is a stepping stone for small companies to move into a larger market because it gives them access to funds from the general 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 expertise.
Since his initial beginnings at the end of his time in the high schools, Tim Sykes has, since then, earned an estimated $6 million earnings throughout his illustrious career as a trader. When he was 25 years old, he had been given more exposure and a wider influence over time when he became part of the reality TV show “Wall Street Warriors.” Then, he used the opportunity to create trading rooms as well as penny stock themes as well as educational content targeted at those who are new to the trading field. He also helped establish Profit.ly as a place for transparency, and for the community to lift each other up and compete against each other through the platform.
The Profit.ly Gurus
One of Profit.ly’s sweet inclusions is the variety of educational sources, trade alerts and other helpful stuff provided by the in-house experts of the platform. These gurus refer to the experts in trading who have earned substantial amounts of money through their years of expertise. Tim Sykes Trades Profitly
At its height, Profit.ly had housed up to five gurus, each of them an expert within their particular field in the trading industry. Some of the most famous experts were Connor Bruggermann, Nathan Michaud of Investors Underground, and Triforce, among a few others. At the time of writing, only two gurus remain on this platform: the 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 take a look at what packaged deals each guru offers.
From Tim Sykes Tim Sykes
Sykes offers a basic stock trading service which focuses on penny stock day trading through Tim’s Alerts. The cost is $74.95 for a month you’ll see him focus on the fundamental catalysts for stocks and utilize them to predict the next possible moves in 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, text, e-mail 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, upgraded version of the Tim’s Alerts package. It costs $149.95 monthly, it is an ideal plan for investors who are involved in the penny-stock market. Pennystocking Silver includes all the basic features found in prior plans, which includes swing trading alerts as well as unlimited access to an extensive collection of more than 7,000 educational videos and new videos released every week.
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From “Superman” Paul Scolardi: Superman Alerts
Scolardi who is known under the name “Superman,” is a professional in swing trading with an eye for tiny-cap massive stocks as well as wildly accurate marketing forecasts. In the time since the time he started trading, Superman has amassed over $5.5 million in total trading profits. Tim Sykes Trades Profitly
The Superman Alerts package is his package of vital features and trading alerts geared toward those who may be interested. For $147/month, you’ll get an access to the day-to-day stock watchlist that is premarket as well as the mobile app, the daily market commentary in real time, and email and SMS alerts.
The film “Superman” Paul Scolardi: Superman Pro
At $247/month, you get additional features, as well as access to a knowledgeable base of information provided by Superman himself via his Superman Pro package. Alongside the standard features featured in the Alerts package, Superman Pro gives you daily video lessons, which include an ever-growing library of other previous ones. In addition, you’ll also get the ability to access premium reports on research as well as an IPO or earnings monitor.
Profit.ly Programs and Costs
If you’re ready to join the online trading community and leave your mark on the industry, Profit.ly has the right amount of resources to get you going. The platform has three membership tiers that are designed to accommodate traders with different levels. Let’s look at what the three levels are and what they’ll cost you.
This package for novices is Profit.ly’s basic plan that is designed specifically for those who are new to the trading community. When you sign up for this package you’ll be provided with a variety of powerful and indispensable trading tools, all one of them essential in keeping your fingers on what we could call a ruthless process by itself.
Some of the features you can do using Profit.ly’s Novice program is the capability to check trades and track profits and follow-up, leading and even chatting with your fellow traders; and providing feedback on trades today. You can also get on leaderboards, analyze your trades, sort as well as filter trades; and lastly, look at the statistics of other traders.
The Novice plan will cost $29.95 per monthly payment. While it may look attractive for the price alone however, there’s a drawback. It isn’t possible to create a private profile, thus making your actions public. If you do want to have an account with this option, keep an eye on us as we present to you Profit.ly’s next plan.
The Trader Plan
The Trader plan allows you to take advantage of a majority of features from the novice plan. In this plan, that you can set up an individual profile that allows you to share with other associates all your insights and knowledge you gain from this trading group.
The price is $49.95/month, Profit.ly’s Trader plan will do what the name implies caters to those who desire to develop their trading skills. While it’s nice but there’s one important aspect that’s not included. In contrast to the Novice package, you won’t be able view the statistics of other traders this could be a disadvantage for some who may be looking forward to this tier. Tim Sykes Trades Profitly
This is by far the most premium package that Profit.ly offers to experienced traders. It costs $74.95 each month which includes an additional 22% discount for annual billing the Pro plan has it all. It gives you full, unlimited access to all the features of the prior plans.
In addition, you’ll be able to see other users’ stats and data, but you also have the opportunity to create a private profile. Both of these features, in addition to the advantages that you can utilize to the fullest potential. If you’re in search of an option that gives you everything you need as a skilled trader, maybe the Pro tier could be the right choice for you!
Profit.ly’s Other Services
Apart from the training tools and the leadersboards Profit.ly provides a variety of additional services that it can provide. One of these is its online store, where customers can select from a variety of videos designed to inform and provide guidance on the nuances and pitfalls of trading. All of the products featured in this section of the site can be purchased immediately for personal use. Among these products include best-sellers like”Trading Tickers, “Trading Tickers” series by trading professional Tim Grittani, Timothy Sykes’s collection of DVDs and streaming-only content about short stocking, penny stocking, and other aspects of trading. There are also clips and clips of the Annual Pennystocking Conference, and products from other expert traders.
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Chat rooms integrated into Profit.ly are included in Profit.ly’s array of services and features. You are probably familiar with the chat room as you will see it on messaging and social platforms, as well as some specialty websites that provide live chat support. But on Profit.ly it’s seen as a real-time area where experts and members can interact and learn in real time. Each guru has their style in operating their chat room and dealing with the members. One might be a laid-back person who is less active, while another may be more online and communicative with their students. Think of chat rooms like Profit.ly’s version of a forum, in the essence.
Who is the best Trader for Profit.ly?
Profit.ly’s diverse range of products and features cater to an array of stock traders, ranging from beginners to experienced pros. Considering the number of offers it offers, the platform surely has something for every person.
For instance, newbies will appreciate Profit.ly’s collection of educational materials available across the platform. Not only will they be enriched with weekly videos and chat room tips from the in-house experts and their members. They’ll also be able to pick from the merchandise available in 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 will soon learn that this is a high-stakes game that shouldn’t be treated as an amusing pastime.
For the traders with many years of experience down the line, we see Profit.ly equally suited to them as the newcomers. While the newbies may not be as proficient in managing trading but the experts already know how it works and the plethora of risks that come with it. In the ideal scenario, they can utilize Profit.ly’s range of features to their full advantage to develop their trading skills. Like beginners, they can learn from the experts as well as experts, and take advantage of quick tips and tidbits to help them along.
Profit.ly’s “all-in” approach does not only apply to beginners as well as semi-seasoned traders. Experts who have been verified can also participate in the fun! People in the trade industry who are on an equal level with Superman as well as Tim Sykes can also use up Profit.ly’s abilities to show off their expertise to other traders in order to guide them through the ever-illustrious trading process. Tim Sykes Trades Profitly
Profit.ly’s Pros and Pros and
- Profit.ly’s numerous capabilities as a “one-stop’ platform for trading stocks allows it to provide traders everywhere with a wealth of education tools, communication, and trading tools
- You’ll be provided with excellent lessons and advice from the company’s in-house gurus, including collections of educational videos as well as real-time trading activities
- You’re guaranteed transparency throughout Profit.ly by using accurate data as well as other traders who are ready to reach you when something goes wrong.
- The leaderboard feature on the platform gives you a way to build your credibility as a trustworthy and authentic trader
- In addition to its primary abilities, 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 variety of packages and subscription levels are priced at a reasonable cost – there truly is something for everyone
- Profit.ly’s abundance of products and packages offered might not be enough for a lot of its customers
- If traders decide to open any kind of trade, there is an opportunity that some them could profit from selecting the best trades in order to boost their rating – this may be a problem that shouldn’t be simply overlooked
- Profit.ly will not allow refunds because the premium customers are expected to instantly benefit from the many services that the platform can offer
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The Final Concluding Question The Final Verdict: Is Profit.ly worth it?
If we could think of the answer, it would be an affirmative “yes”. However, you must realize that it shouldn’t be treated as a get-rich-quick scheme. It wasn’t designed to be used in this way. Instead, you need to have curiosity. Tim Sykes Trades Profitly
What we do mean”yes” is it is a fantastic learning tool. For those who are struggling, they could find Profit.ly’s range of resources helpful as they do their best to incur lesser losses and be more successful than they did before. Not only struggling traders that will benefit from this platform. It is able to accommodate novices and even experts!
So, if you genuinely care about being 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 option to begin.
FAQ Tim Sykes Trades Profitly
What are the best ways to use Profit.ly to make your trades public?
Profit.ly offers a trade entry portion in the “My Trade section of the dashboard that lets you post your trades that are verified or not. You may choose between three options:
- Linking your account to the brokerage of choice and 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 import your trade through a reliable brokerage, there’s the likelihood that it can be verified. This is shown by the small blue check. If you submit it in a manual way or by taking images, it will be classified as unverified.
The disadvantage of an unauthenticated trade is the possibility of receiving negative feedback from fellow peers. If you receive too many negative votes, it could result in you appearing in the Madoff leaderboard, where users can detect who’s being dishonest in posting trades.
Are the Profit.ly mobile application still available?
At the time of writing, Profit.ly is still available for download on the Apple App Store as well as on the Google Play store. The mobile app version is compatible with the majority of operating tablets and smartphones.
How many people are currently connected to Profit.ly?
Profit.ly currently houses more than 150,000 investors and traders, since they’re not just looking to earn maximum profits but also assist each other to grow and learn more about acquiring opportunities on the stock market both right and left.