Stock trading is a high-stakes game. Some days, you might be reaping the benefits of pleasing and positive numbers. On other days you may experience the opposite, and it may sometimes be very difficult to return to the point you were at your best. If you find yourself constantly stuck in the gutter You will need to realize that relying on instinct and survival may not always be enough.
If you’ve been incurring losses from time to time, you’re gonna be needing solid advice from seasoned and tested trading experts. Also, you’ll need an important boost from trading partners from all over the world, which is why we’ve discovered an option that can help you in your improvement within the field. We’ll take the time to look at Profit.ly A well-respected all-in-one 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 Trading Course
The User’s Experience 4.5/5
Profit.ly can be described as an online platform for trading that permits traders of various levels to be knowledgeable responsible, transparent, and uplifting with one another through its wide range of features and tools including trade verification, chat rooms as well as an extensive library of educational material.
What exactly is Profit.ly?
Profit.ly is a trading website that functions as a learning and training platform for people who are just beginning their journey and also as a platform for traders with experience to keep track of their performance through the use of sophisticated analytics tools. Offering users a broad array of options to facilitate trade and communication and letting traders from every field of business connect with each other. It offers gurus with an opportunity to invest in the right areas that the site. Consider it the social media equivalent the likes of Facebook and Reddit, but for experts and traders.
Profit.ly independently validates trade performance and publishes all data from them in the form of leaderboards. The platform’s trading model is based on transparency and honesty: it makes sure that trades are authentic and won’t tolerate inauthenticity as much as possible. It was created years ago by the penny expert in stock trading and investment guru Timothy Sykes, along with his colleague Michael Mosseri.
One time during his appearance in Forbes publication, Sykes declared that Profit.ly was based “on the transparency of every trade, something that was never previously done.” The idea Sykes said served two goals: 1.) making public records for everyone, not just the experts and newsletter writers and students, and 2) making it possible for anyone on the platform to be enlightened by both the wins and losses to benefit the industry of trading. Tim Sykes Trading Course
How Does It How Does It
Profit.ly is a subscription-based platform which allows stock traders to benefit from a variety of tools and services that are geared towards achieving success. It is possible to create an account for free, but you’re only given access to the leaderboard and follow the activities of non-gurus. If you’re interested in investing 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 go over shortly.
The process of opening an account is easy: create an account with your experience and knowledge, then connect your brokerage account, and you have yourself the chance to climb through high on the leaderboard. Profit.ly’s leaderboard feature, as we’ve mentioned earlier was designed to offer its users a glimpse of their performance as a trading group and its experts. You’re not just allowed to prove that you’re worthy to the large group of traders. You can also utilize Profit.ly to buy from a guru with the assurance that you’re confident in their skills and the veracity of their assertions.
If you feel uneasy with the idea of sharing information about your account with a brokerage, you may decide to share your trades, verified or not, via pictures. In Profit.ly are the vast number of courses in trading as well as the ability to look at stats in a trader’s profile and other methods to connect with your gurus through the chatroom as well as notifications via email or text 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 well-known for delving his hands into the penny-stock market. According to Investopedia Penny stock refers to a small-sized company’s stock that trades for under $5 for each share. Penny stock trading could be viewed as an opportunity for small-scale businesses to make the transition to a large marketplace as it gives them access to funds from the general public. However, don’t get it wrong – 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 the high schools, Tim Sykes has, since then, earned over $6 million of profits through his lengthy career as a trader. At 25 years old Sykes was given more exposure and a wider impact as a participant in the reality show “Wall Street Warriors.” Then, he made use of the show to create trading rooms and penny stock themes and educational content geared toward those who are new to trading. 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 most appealing features is the wide range of educational tools, trade alerts and other helpful stuff provided by the platform’s in-house gurus. Gurus are referred to the experts in trading who have made substantial profits from their combined years of experience. Tim Sykes Trading Course
At its height, Profit.ly had housed up to five gurus, each of them an expert in their niche 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 the platform: Founder as well as penny-stock trader Tim Sykes and veteran smallcap swing trader Paul Scolardi, also known as Superman. In light of that, let’s take a look at the packages each guru can offer.
From Tim Sykes Tim Sykes: Tim’s Alerts
Sykes provides basic stock trading services that focuses on penny stock day trading through Tim’s Alerts. At $74.95 monthly, you’ll be able to see him focus on the fundamental catalysts for stocks and utilize them to anticipate the next moves that could occur when making trades.
A standalone purchase from Tim’s Alerts will get you access to the chatroom, as well as the mobile app available to iOS and 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 program. At $149.95 monthly, it is the perfect plan for those who are invested in penny stock trading. Pennystocking Silver offers all the essential features found in earlier plans such as swing trading alerts and unlimited access to an extensive library of more than 7,000 instructional videos that are updated weekly.
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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 both tiny-cap massive stocks as well as wildly accurate marketing forecasts. In the time since when he first started trading, Superman has amassed over $5.5 million in all-time trading profits. Tim Sykes Trading Course
The Superman Alerts plan is his offer of the most essential features and alerts on trading geared to those interested. For $147/month, you’ll get access to the daily premarket stock watchlist and the mobile application, daily market updates in real-time, and email and SMS alerts.
The film “Superman” Paul Scolardi: Superman Pro
For $247 per month, you can enjoy additional features, as well as access to the extensive knowledge base that is provided by Superman himself, via the Superman Pro package. On top of the essentials featured in the Alerts package, Superman Pro gives you weekly video lessons, including the growing collection of previous lessons. Additionally, you’ll also get an access to high-quality research papers and an IPO as well as earnings tracking tool.
Profit.ly Plans and Costs
If you’re ready to join the online trading community and leave your mark on the market, Profit.ly has the right amount of tools to get you up and running. Profit.ly offers three membership levels that are designed to accommodate traders of different levels. Let’s break down what these three levels are and what 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 plan, you will be immediately offered a range of strong and essential trading tools, each of them integral in keeping your fingers on what we could call a ruthless process in and of itself.
Among the list of things you can accomplish with Profit.ly’s Novice program is the ability to confirm trades and track profits as well as leading, following and even chatting with other traders; and leaving feedback on today’s trades. It also allows you to be on leaderboards, analyze your trades, sort and filter your trades; and lastly, look at other people’s statistics.
The Novice plan costs $29.95 per month. While it may look attractive just by the price however, there’s a drawback. You can’t create a private profile, which makes your personal information public. If you’re interested in get an account with this option, be watching for us to introduce to you Profit.ly’s next strategy.
The Trader plan allows you to use many of the features of the novice plan. In this plan, that you are able to create a private profile for sharing with fellow associates all your insights and knowledge you gain from the trading community.
Costing $49.95/month, Profit.ly’s Trader plan is exactly what it says: Cater people who want to develop their trading skills. Although it’s a nice thing however, there’s a crucial feature that is missing. In contrast to the Novice package, you won’t be able view other traders’ stats that could be a problem for those looking forward to this tier. Tim Sykes Trading Course
This is by far the most expensive plan Profit.ly can offer to experienced traders. At $74.95 per month, which includes an additional 22% discount for billing annually This plan offers everything. You will have full, unrestricted access to all the features from the two previous plans.
In addition, you’ll be able to view other people’s stats and data, but you also have the opportunity to create your own private profile. These two features are on top of all the advantages you’ll be able to use to the maximum extent. If you’re in search of an option that gives you with everything you require as trader with experience, the Pro plan is ideal for you!
Profit.ly’s Other Services
Apart from the provided tools for training and leadersboards Profit.ly has a few additional services that it can offer. One of them is the online store, which lets users select from a variety of instructional videos that are created to provide guidance on the nuances and pitfalls of trading. The products listed on this page of the website is available to be bought immediately for your personal use. Some of these include bestsellers like”Trading Tickers, “Trading Tickers” series from trading specialist Tim Grittani, Timothy Sykes’s collection of DVDs and streaming-only content related to short stocking, penny stocking, and other related to trading, videos and clips taken from the Annual Pennystocking Conference, and other products by expert traders.
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Chat rooms integrated into Profit.ly are as well part of Profit.ly’s array of features and services. You are probably familiar with the concept of chat rooms since you can see it across social and messaging platforms, in addition to a few special websites that offer live chat support. However, in Profit.ly, it is seen as a hands-on place where gurus and their members can interact and share knowledge in real-time. Every guru has their own way in operating their chat room and in dealing with the members there. One might be more laid back and rarely engaged, while another could 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 to Profit.ly?
Profit.ly’s variety of offerings and features caters to an array of stock traders, from beginners to experienced pros. Given the wide range of options it offers, the platform surely has something for every person.
Beginners, for instance, will enjoy Profit.ly’s knowledge-based materials available across the platform. They will also be provided with videos every week and chat room advice from its in-house gurus as well as their members. Additionally, they can choose from the items on its store online to carry with them wherever they may go. They can also gain hands-on experiences from trading within the platform, however they’ll realize that trading is a high-stakes game that should not be viewed as a joke.
For traders who have decades of experience in the line, we see Profit.ly as equally as suitable to them as those who are just starting. Although the novices might not be as adept at handling trading matters however, experienced traders know how it works and the stack full of risks that come with it. In the ideal scenario, they can make use of Profit.ly’s variety of features to their full advantage to develop their trading abilities. As beginners, they are able to study from the gurus as well as experts, and take advantage of short tips and tricks along the way.
Profit.ly’s “all-in” approach doesn’t just apply to newbies as well as semi-seasoned traders. Certified experts can also take part in the fun! Trade professionals who are at an equal level with Superman as well as Tim Sykes can also use up Profit.ly’s abilities to show off their skills to others as a way to assist them in the ever-changing trading process. Tim Sykes Trading Course
Profit.ly’s Pros and Pros and
- Profit.ly’s many capabilities as a “one-stop’ stock trading platform allows traders from all over the world with tons of learning communications, trading, and communication tools
- You will receive excellent training and tips from the internal experts, which include collections of educational videos as well as live trading activity.
- You’re guaranteed transparency throughout Profit.ly by using accurate data as well as other traders that are waiting to reach you out if something occurs.
- The platform’s leaderboard feature gives you the opportunity to increase your credibility as a trustworthy and verifiable trader
- Apart from its main abilities, Profit.ly also gives its customers additional options to meet their individual preferences, for instance, posting unverifiable trades through photographs
- Profit.ly’s diverse range of subscription levels and guru packages are priced at reasonable prices – there truly is something for everyone
- Profit.ly’s abundance of packages and services offered could not be enough for a lot of its customers
- If traders decide to post any kind of trade, there is an opportunity that some them will profit by selecting the best trades in order to increase the rating This could be a problem that shouldn’t be ignored.
- Profit.ly will not allow refunds as its premium users are expected to instantly take advantage of the numerous services the platform has to provide
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The Final Verdict: Is Profit.ly worth it?
If we could think of an answer to this question, it would be a ‘yes’. But it is important to realize that this platform shouldn’t be viewed as a quick-fix scheme to make money. The platform wasn’t originally intended to be created for this reason. Instead, you should have curiosity. Tim Sykes Trading Course
What we do mean by ‘yes’ is that it could be a useful learning tool. For those who are struggling, they could discover Profit.ly’s variety of resources helpful as they do their best to incur lesser losses and perform better than they did before. It’s not just the poor traders that can profit from the platform. It is able to accommodate novices and even experts in the field!
So, if you genuinely want to become a better trader and want to be taught by your peers and experts along the way, then look no further – Profit.ly could be a good option to begin.
FAQ Tim Sykes Trading Course
How do you use Profit.ly to make your trades public?
Profit.ly offers a trade entry portion in the ‘My Trade’ category of the dashboard which allows you to post your trades, verifiable or otherwise. You may choose between three options:
- Linking your account with your broker of choice and import trades directly from there
- Manually entering your trades into the spaces provided and details
- Upload a screenshot of your trades
How do I know if the trade is verifiable or not?
If you purchase your trade from a reputable brokerage, there’s the chance that it is verifiable. This is evident by the blue check mark. If you submit it in a manual way or by taking screenshots, it will automatically be classified as unverified.
The drawback of posting an unverified trade is the risk of getting downvotes from your colleagues. Too many downvotes may cause you to be listed on the Madoff leaderboard, where users are able to identify who is dishonest in posting trades.
Does the Profit.ly mobile app still in use?
As of this writing, Profit.ly is still available to download via the App Store for Apple and on the Google Play store. The mobile app version works with all working smartphones and tablets.
How many are connected to Profit.ly?
Profit.ly is currently home to over 150,000 investors and traders as they not only are seeking to make the most profit but also help each other develop and grow in their ability to take advantage of stock market opportunities all over the world.