Stock trading can be a high-stakes game. On some days, you could enjoy the benefits of positive and satisfactory numbers. On other days it could be the reverse, and it may sometimes be very difficult to return to the point you were at your peak. If you are immersed in the water it is important to realize that relying on instinct and survival may not always be enough.
If you’ve experienced loss from time to time You’ll need solid advice from seasoned and tested trading experts. You’re also gonna need a significant boost from your trading partners from all over the world, which is why we’ve found a platform that can support you to improve your performance in the industry. This review will take the time to 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.
Total Rating: 4.1/5 Tim Sykes Watchlist This Week
The User’s Experience 4.5/5
Profit.ly offers an internet-based trading service that enables traders of all levels to be knowledgeable and accountable, as well as transparent and to build relationships with one another through its wide array of tools and features like chat rooms, trade verification, and an enriched library of educational content.
How do I define Profit.ly?
Profit.ly is a trading website which serves as a learning and training platform for people new to trading as well as a place for traders who are experienced to monitor their performance with the help of cutting-edge analytics tools. Providing users with a wide variety of tools to facilitate trade and communication that help traders from all walks of life connect with one another. It offers gurus with worthy investments within the boundaries of this platform. Think of it as an online social media platform similar like Facebook and Reddit, but for traders and experts.
Profit.ly independently verifies trade performances and publishes all data of them in the manner of leaderboards. The trading platform is built on honesty and transparency: it ensures that the trades are authentic and won’t accept fake news as long as it is possible. It was established in the past by penny stock trade expert and investment guru Timothy Sykes, along with fellow expert Michael Mosseri.
In an interview for Forbes magazine Sykes declared that Profit.ly was motivated by its focus “on showing the entire spectrum of trades, something which has never been done before.” The concept was, he said, serving two objectives: one) creating public track records for all traders, not just the gurus as well as students and newsletter writers and secondly) making it possible for everyone on the platform to learn from both losses and wins to benefit the industry of trading. Tim Sykes Watchlist This Week
How Does It Perform?
Profit.ly is a subscription-based platform which allows stock traders to have access to a range of tools and services that are geared toward achievement. You may set up an account on the site for free, but you’re only limited to having the ability to navigate through the leaderboard and observe the activities of non-gurus. If you’re looking to invest your money in order to find out what stocks the experts are trading in real time You’ll need to sign up to one of Profit.ly’s deals that we’ll discuss in the near future.
Setting up an account is simple: Create an account that includes your personal information and skills, join your brokerage account, and you’ll be given an opportunity to make your way up to at the very top of the list. Profit.ly’s leaders’ board feature as mentioned previously was designed to offer its users a glimpse of how the community of traders performs as well as its gurus. It’s not only a chance to demonstrate your worth to a group of traders, as you can also use Profit.ly to purchase with a guru, and have the confidence that you are confident with their expertise and the veracity of their claims.
If you feel uneasy with the idea of divulging information about your account with a brokerage, you can choose to publish your trades, either verified or not, by taking pictures. In Profit.ly are the vast number of courses in trading, the ability to view statistics on a person’s profile and other methods to communicate with your gurus in the chatroom, along with notifications via email or text as well as updates.
Meet Tim Sykes, the founder: Tim Sykes
Timothy Sykes is a well-renowned day trader who is well-known for his efforts in the penny-stock market. According to Investopedia the term “penny stock” refers to a small-sized company’s stock which trades at just less than 5 cents per share. The penny stock market can be seen as an opportunity for small businesses to transition into a larger market because they can access capital from the public. But don’t make the mistake of thinking that it can also be an extremely risky activity, as Sykes will be able to tell you through his many years of expertise.
From his beginnings in the latter years of high school, Tim Sykes has, since then, earned an estimated $6 million profit during his long and successful career as trading professional. 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.” Then, he made use of the show to establish trading rooms as well as penny stock themes as well as educational content targeted at those who are just beginning to learn about trading. He also helped to establish Profit.ly as a place for transparency, and to allow the community to rise and compete on the platform.
The Profit.ly Gurus
One of Profit.ly’s sweet inclusions is the wide range of learning sources, trade alerts and other useful stuff offered by the in-house experts of the platform. These gurus refer to the trading experts who have made significant amounts of profit from their combined years of knowledge. Tim Sykes Watchlist This Week
At its peak, Profit.ly had housed up to five gurus. Each of them an expert in their niche in the trading industry. Some of the most prominent experts were 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: the founder of the penny stock market 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: Tim’s Alerts
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 be able to be able to see him concentrate on the fundamental catalysts for stocks and utilize them to forecast the next possible moves in making trades.
A standalone purchase from Tim’s Alerts will get you access to the chatroom as well as the mobile application that is available on 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 version, with an upgraded version of Tim’s Alerts package. It costs $149.95 monthly, it is an ideal plan for those who are more committed to penny stock trading. Pennystocking Silver offers all the essential features found in the previous plan, including swing trading alerts and unlimited access to an extensive collection of more than 7,000 educational videos and new videos released every week.
In “Superman” Paul Scolardi: Superman Alerts
Scolardi who is known under the name “Superman,” is a professional in swing trading with an eye for small-cap monumental stocks and crazy-accurate marketing forecasts. Since the time he started trading, Superman has amassed over $5.5 million in all-time trading profits. Tim Sykes Watchlist This Week
The Superman Alerts package is his package of vital features and alerts on trading geared toward those who may be interested. For $147/month, you’ll get access daily premarket stock watchlist along with the mobile application, daily market commentary in real-time, and email and SMS alerts.
The film “Superman” Paul Scolardi: Superman Pro
For the price of $247, you receive additional features, as well as access to an extensive base of knowledge that is provided by Superman himself through Superman Pro. Superman Pro package. Alongside the standard features that are included in the Alerts package, Superman Pro gives you weekly video lessons, including an ever-growing library of the previous ones. 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 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 going. The platform offers three membership levels that cater to traders with different levels. Let’s take a look at what these three tiers are and how much they will cost you.
The Novice package is Profit.ly’s entry-level plan designed especially for those who are just beginning their journey to the world of trading. Once you have signed up for this package, you will be immediately given a slew of robust and vital trading tools, each of them integral in keeping your fingers on what we could call a ruthless procedure in its own.
Among the list of things you can accomplish using Profit.ly’s Novice package include the ability to verify the results of your trades and track profit and follow-up, leading and even texting your fellow traders, as well as leaving feedback on today’s trades. It also allows you to be on leaderboards, analyze your trades, sort or filter the trades you make and lastly, look at other’s stats.
The Novice plan is $29.95 per monthly payment. While it may look attractive simply because of the price but there’s a disadvantage. You aren’t able to create a personal account, making your personal information public. If you’re interested in gain the benefit of this service, you should stay tuned as we introduce to you Profit.ly’s next strategy.
The Trader package allows you to use a majority of features from the novice plan. This plan allows that you are able to create an account that is private to share with other associates all your insights and information you have gained from trader’s community.
Costing $49.95/month, Profit.ly’s Trader plan does what the name suggests caters to those who desire to improve their trading skills. While it’s nice however, there’s a crucial aspect that’s not included. In contrast to the Novice package, this one won’t be able to view the statistics of other traders this could be a disadvantage for those anticipating this level. Tim Sykes Watchlist This Week
The Pro plan is the most luxurious package Profit.ly can offer to experienced traders. With $74.95 per month, and a 22% discount when billed annually, this tier has everything. You will have full, unrestricted access to all the features from the two prior plans.
In addition, you’ll be able to view other people’s stats, but you’re also given the opportunity to create a private profile. Both of these options, in addition to the advantages you’ll be able to use to the maximum extent. If you’re looking for a plan that can serve you everything you need as trader with experience, the Pro tier could be the right choice for you!
Profit.ly’s Other Services
Apart from the trainer tools and leaderboards, Profit.ly has a few more services it has to offer. One of these is its online store, which lets users pick from a range of videos created to provide guidance on the ins and outs of trading. Each of the offerings listed in this section of the website is available to be immediately purchased for personal use. Among these products include best-sellers such as”Trading Tickers,” the “Trading Tickers” series by trader professional Tim Grittani, Timothy Sykes’s library of DVDs and streaming-only content related to short stocking, penny stocking, and other things trading-related, clips and footage from the Annual Pennystocking Conference, and other products by expert traders.
Chat rooms integrated into Profit.ly are as well part of Profit.ly’s range of features and services. You may be familiar with chat rooms since you will see it on social and messaging platforms, and also on a few specialty websites that offer live chat support. But in Profit.ly, it is seen as a real-time area where experts and members trade and exchange knowledge in real-time. Each guru has their style when it comes to running their chat room and in dealing with the members. Some may be laid back and rarely active, while another might be more interactive and online in their interactions with students. Think of the chatrooms as Profit.ly’s version of the forum in the essence.
Who is the ideal trader to Profit.ly?
Profit.ly’s wide range of products and features are geared towards the wide range of stock traders, from novices to experienced professionals. Given the wide range of options it has to offer it is certain to have something for all.
Newbies, for instance, will appreciate Profit.ly’s library of learning materials available across the platform. In addition, they will get daily videos and chat room tips from its in-house gurus as well as their members. They’ll also be able to pick from the merchandise available in its online store that they can take with them wherever they may go. They can also gain hands-on experiences from trading within the platform, however, they will soon learn that the process is a high-stakes game that should not be viewed as an opportunity to make fun of.
For traders who have years of exposure down the line, we believe Profit.ly equally suitable to those who are just starting. While novice traders may not be as proficient in handling trading matters however, experienced traders know the way it functions and the plethora of risks associated with it. In the ideal scenario, they can use Profit.ly’s array of features to their full advantage to improve their trading skills. Like novices, they can learn from the experts and experts , and use those simple tips and hints throughout the process.
Profit.ly’s “all-inclusive” nature isn’t limited to novices or semi-experienced trader. Certified experts can also take part in the enjoyment! People in the trade industry who are at similar levels to Superman and Tim Sykes can also use the power of Profit.ly’s capabilities to display their skill to others as a way to help navigate them through the ever-changing trading process. Tim Sykes Watchlist This Week
Profit.ly’s Pros and Pros and
- Profit.ly’s many capabilities as a “one-stop’ stock trading platform allows traders across the globe with a wealth of education tools, communication, and trading tools
- You will be provided with excellent lessons and advice from the company’s inside experts, as well as video libraries that teach you how to learn and real-time trading activities
- You’re guaranteed transparency throughout Profit.ly with precise analytics as well as other traders ready to call you out whenever something happens
- The platform’s leaderboard feature gives you a way to build your credibility as a trustworthy and authentic trader
- Apart from its core abilities, Profit.ly also gives its customers additional options to meet their individual preferences, for instance, posting unverifiable trades through screenshots
- Profit.ly’s wide array of subscription plans and guru packages are priced at affordable rates – there truly is something for every person
- Profit.ly’s numerous packages and products offered may seem overwhelming for a lot of its users
- As traders may opt to post any kind of trade, there is the possibility that some of them may take advantage by picking the most profitable trades to increase the rating this could be a problem that shouldn’t be overlooked.
- Profit.ly will not allow refunds, as its premium users will immediately benefit from the many features the platform is able to offer
The Final Verdict is: Is Profit.ly worth it?
If we could come up with an answer to this question, it would be 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 meant to be designed for this reason. Instead, you need to have the ability to think with an open heart. Tim Sykes Watchlist This Week
What we are referring to”yes” is it could be a useful learning tool. Those who may be stuck might be able to find Profit.ly’s range of resources useful when they try their best to reduce losses and be more successful than they did before. It’s not just the struggling traders that will profit from the platform. It can accommodate beginners and even experts in the field!
If you truly desire to be more successful in trading and would like to learn from your peers and experts throughout the process, then you should look no further than Profit.ly. Profit.ly could be a good alternative to start.
FAQ Tim Sykes Watchlist This Week
How can you make use of Profit.ly to make your trades public?
Profit.ly has the option of allowing trade entries under the My Trade section of the dashboard which lets you record your trades, verifiable or not. You may choose between three options:
- Linking your account to the brokerage of choice and importing trades directly from there
- Manually inputting your trades with specified spaces and information.
- Take a photo of your transactions
How can I tell whether the trade can be verified or not?
If you buy your trade from a trusted brokerage, there is a high chance that it is verifiable. This is evident by the blue check mark. If you post the information manually or via images, it will be classified as unverified.
The disadvantage of an unauthentic trade is the chance of receiving downvotes from friends and colleagues. If you receive too many negative votes, it could cause you to be listed on the Madoff leaderboard, where users can see who’s dishonest in posting trades.
Does the Profit.ly mobile app still available?
As of this writing, Profit.ly is still available to download from the Apple App Store and on the Google Play store. The mobile version of the app 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 traders and investors, as they not only are seeking to make the most profit but also help each other grow and learn more about acquiring opportunities in the stock market left and right.