Stock trading can be a high-stakes game. Some days, you might enjoy the benefits of positive and satisfactory numbers. On other days, however, the opposite may happen and it could be extremely difficult to return to the point you were at your most productive. If you’re constantly stuck in the gutter You will need be aware that relying solely on your instincts and preserving might not be enough.
If you’ve suffered losses from time to time, you’re gonna be needing solid advice from seasoned and tested trading experts. Additionally, you’ll require an enormous boost from your trading partners from all over the globe. That’s why we’ve discovered a platform that can support you in your improvement in the industry. In this review, we’ll take an in-depth 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 Weekend Trades Profitly
Users Experience 4.5/5
Profit.ly is an online trading platform that permits traders of all levels to be informed responsible, transparent, and encouraging each other by offering a wide variety of tools and features such as chat rooms, trade verification and a rich library of educational material.
What exactly is Profit.ly?
Profit.ly is a site for trading that serves both as a learning and training platform for people who are starting out as well as a place for traders with experience to keep track of their performance through the use of cutting-edge analytics tools. Offering users a broad array of options to facilitate trade and communication, it helps traders from all walks of life connect with each other. It offers gurus with worthwhile investments within the confines that the site. Consider it a social media site akin like Facebook and Reddit but with a focus on traders and experts.
Profit.ly independently validates trade performance and posts all the data of them in the manner of leaderboards. The platform’s trading model is based on honesty and transparency: it makes sure that transactions are legitimate and will not accept fake news as long as possible. It was created many years ago by penny stock trade expert and investment expert Timothy Sykes, along with fellow expert Michael Mosseri.
One time , during an interview with Forbes magazine, Sykes declared that Profit.ly was based “on the transparency of the entire spectrum of trades, something which was never previously done.” This idea, he added, served two goals: 1.) creating public track records for all traders, not just the gurus, but also the newsletter writers and students as well as) making it possible for anyone on the platform to be enlightened by both the wins and losses to the benefit of the trading industry. Tim Sykes Weekend Trades Profitly
How Does It Work?
Profit.ly follows a subscription-based model which allows stock traders to benefit from a variety of tools and services that are geared at achieving achievement. It is possible to create an account at no cost, however you’re only limited to having the capability to browse the leaderboard and observe the activities of non-gurus. If you’re interested in investing your money to see what stocks the experts are trading in real time You’ll need to subscribe to any of Profit.ly’s deals, which we will go over shortly.
The process of opening an account is easy: create a profile with your experiences and knowledge, then connect to your brokerage account, and you’ll be given an opportunity to make your way to at the very top of the list. Profit.ly’s Leaderboard function, which was previously mentioned it is designed to provide its users a look at how the community of traders performs as well as its gurus. It’s not only a chance to prove that you’re worthy to the community of traders. You are also able to use Profit.ly to buy from a guru with the assurance that you’re comfortable of their knowledge and the legitimacy of their claims.
If you are unsure about the concept of leaking your brokerage account, you may choose to publish your trades, verified or otherwise, through pictures. Included in Profit.ly are the vast number of courses in trading and the capability to see the stats of a trader’s account as well as other ways to connect with your gurus via chatrooms in addition to email and text alerts as well as updates.
Meet the Founder: Tim Sykes
Timothy Sykes is a well-renowned day trading personality who is well-known for his efforts in penny stock trading. According to Investopedia Penny stock refers to a small company’s shares that trade for under $5 for each share. The penny stock market is an opportunity for small companies to move into a larger market because it gives them access to money from the public. But don’t be mistaken – it’s also an extremely risky game, as Sykes will be able to tell you through his many years of experience.
Since his initial beginnings at the end of his time in High School, Tim Sykes has, since then, made more than $6 million in profits through his lengthy career as trading professional. At the age of 25 Tim Sykes had received greater exposure and a larger impact when he was a part of the reality TV show “Wall Street Warriors.” Then, he used the opportunity to establish trading rooms, penny stock themes, as well as educational content targeted at people who are brand new to the trading field. He also helped to establish Profit.ly as a place for openness, and for the community to uplift and compete on the platform.
The Profit.ly Gurus
One of Profit.ly’s amazing features is the vast array of educational tools, trade alerts and other helpful stuff provided by the platform’s in-house gurus. These gurus refer to the trading experts who have made significant amounts of profit from their combined years of experience. Tim Sykes Weekend Trades Profitly
At its peak, Profit.ly had housed up to five gurus, all of them a professional in their field of expertise in the trading industry. Some of the most prominent experts were Connor Bruggermann, Nathan Michaud of Investors Underground, and Triforce among others. At the time of writing however, only two gurus remain on this platform: the 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 look at what packaged deals each guru can offer.
From Tim Sykes Tim Sykes
Sykes offers a basic stock trading service with the main priority being penny-priced day trading with Tim’s Alerts. At $74.95 monthly, you’ll be able to see him concentrate on the basic stock catalysts and employ them to forecast the next move that is possible when trading.
A standalone purchase of Tim’s Alerts will get you access to the chatroom, as well as the mobile app available on iOS as well as Android devices; text, e-mail 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 program. Priced at $149.95 monthly, it is a great option for those who are more invested in the penny-stock market. Pennystocking Silver includes all the basic features found in earlier plans including swing trading alerts as well as unlimited access to a rich library of more than 7,000 instructional videos, with new ones released weekly.
In “Superman” Paul Scolardi: Superman Alerts
Scolardi who goes under the alias “Superman,” is a swing trading professional with an eye for both small-cap monumental stocks and crazy-accurate marketing forecasts. In the time since he began as a trader, Superman has amassed over $5.5 million in trading profits. Tim Sykes Weekend Trades Profitly
The Superman Alerts plan is an offer of the most essential features and trading alerts geared toward those who may be interested. For just $147 per month, you’ll have access to the daily premarket stock watchlist as well as the mobile application, daily market updates in real-time, and email and SMS alerts.
In “Superman” Paul Scolardi: Superman Pro
At $247/month, you get additional features, plus access to the extensive knowledge base provided by Superman himself through the Superman Pro package. Alongside the standard features that are included in the Alerts package, Superman Pro gives you weekly video lessonsthat include the growing collection of other previous ones. In addition, you’ll also get access to premium research reports as well as an IPO or earnings monitor.
Profit.ly Programs and Costs
If you’re ready to join the world of online trading and make a mark on the market, Profit.ly has the right amount of tools to get you started. Profit.ly offers three membership levels that are designed to accommodate traders at 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 basic plan that is designed specifically for people who are brand new to the trading world. As you sign up for this package you’ll be offered a range of strong and vital trading tools, all one of them essential in keeping your hands on what we can describe as a cutthroat procedure in its own.
Among the list of things you can do with Profit.ly’s Novice package is the ability to confirm trades and track profits and follow-up, leading, and even messaging your fellow traders, as well as providing feedback on trades today. It also allows you to be on leaderboards; analyze your trades, sort as well as filter trades and, finally, see the statistics of other traders.
The Novice plan costs $29.95 per monthly payment. Although it might look appealing just by the price, there is a downside. You aren’t able to create a personal profile, thus making your activities publicly available. If you’re interested in gain the benefit of this service, you should stay tuned as we introduce to you Profit.ly’s new plan.
The Trader package allows you to use a majority of features from The Novice package. In this plan, that you can create an account that is private for sharing with fellow associate users all your knowledge and information you have gained from trader’s community.
Priced at $49.95/month, Profit.ly’s Trader plan is exactly what it says catering people who want to improve their skills in trading. While it’s nice however, there’s a crucial element that’s missing. In contrast to the Novice package, you will not be able to see the statistics of other traders, which might be a drawback for those who are looking forward to this tier. Tim Sykes Weekend Trades Profitly
This is by far the most luxurious package Profit.ly offers to experienced traders. At $74.95 each month and an additional 22% discount for annual billing This plan offers it all. You will have full, unrestricted access to all the features from the two prior plans.
You’re not only able to view other people’s stats and data, but you also have the chance to create a private profile. Both of these options, on top of all the advantages that you can utilize to the maximum extent. If you’re looking for an option that gives you everything you need as trader with experience, the Pro tier could be ideal for you!
Profit.ly’s Other Services
In addition to the tools for training and leaderboards, Profit.ly has a few more services it has to offer. One of them is the online store, which allows users to choose from a wide array of instructional videos that are created to provide guidance on the ins and outs of trading. All of the products featured in this section of the site can be purchased immediately for personal use. Some of these include bestsellers such as”Trading Tickers,” the “Trading Tickers” series by trader professional Tim Grittani, Timothy Sykes’s collection of DVDs, streaming-only content about penny stocking, short stocking, as well as all related to trading, videos and clips from the Annual Pennystocking Conference, and other products by expert traders.
The chat rooms that are integrated are included in Profit.ly’s range of services and features. You’re probably familiar with the concept of the chat room since you can find it throughout social and messaging platforms, as well as some specialty websites that offer live chat assistance. But in Profit.ly, it is seen as a real-time space where experts and their members can interact and learn in real time. Every guru has their own way in operating their chat room and dealing with the members. One of them may be more laid back and not very often active, while another might be more interactive and online with their students. Think of the chat rooms like Profit.ly’s version of the forum, in its essence.
Who is the Ideal trader to Profit.ly?
Profit.ly’s variety of offerings and features cater to an array of stock trader types, from beginners to experienced pros. Given the wide range of options it has to offer this platform definitely has something for every person.
Newbies, for instance, will enjoy Profit.ly’s collection of educational materials available across the platform. In addition, they will be provided with videos every week and chat room tips from the in-house experts and their members. Additionally, they can choose from the items from its online store that they can take with them wherever they may go. You can also get hands-on experiences by trading through 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 those traders who have had years of exposure down the road, we consider Profit.ly equally suitable to them as the newcomers. While the newbies may not be as well-equipped with dealing with trading issues, the pros already understand how it works and the stack full of risks associated with it. It is ideal to make use of Profit.ly’s array of features to their full advantage to develop their skills in trading. Like novices, they can study from the gurus and experts , and use those simple tips and hints along the way.
Profit.ly’s ‘all-together’ nature isn’t limited to novices or semi-experienced trader. Experts who have been verified can also participate in the excitement! Those in the trading industry who are at similar levels to Superman and Tim Sykes can also use Profit.ly’s capabilities. Profit.ly’s capabilities to display their skills to others as a way to help guide them through the ever-illustrious trading process. Tim Sykes Weekend Trades Profitly
Profit.ly’s Pros and Pros and
- Profit.ly’s numerous capabilities as a ‘one-stop’ stock trading platform enable traders across the globe with tons of learning communications, trading, and communication tools
- You will be provided with excellent lessons and advice from the company’s inside experts, as well as libraries of educational videos and real-time trading activities
- You’re assured of transparency throughout Profit.ly by using accurate data as well as fellow traders ready to call you when something goes wrong.
- The platform’s leaderboard feature gives you the opportunity to increase your reputation as a reliable and verifiable trader
- Apart from its main abilities, Profit.ly also gives its customers extra options that can be tailored to their individual preferences, for instance, posting unverifiable trades through photographs
- Profit.ly’s wide array of packages and subscription levels are priced at reasonable prices There’s something for everyone
- Profit.ly’s numerous packages and services offered could be too much for a lot of its users
- If traders decide to make any type of trade, there’s the possibility that some of them may take advantage by selecting the best trades in order to increase the rating this could be a risk that shouldn’t be simply overlooked
- Profit.ly does not offer refunds because the premium customers are expected to immediately take advantage of the numerous features the platform is able to offer
The Final Verdict: Is Profit.ly Valued?
If we were able to come up with an appropriate answer for this query, it’s a ‘yes’. But it is important to realize that it shouldn’t be treated as a get-rich-quick scheme. The platform wasn’t originally meant to be designed in this way. Instead, it is best to keep an open mind. Tim Sykes Weekend Trades Profitly
What we are referring to”yes” is it is a fantastic learning tool. People who are stuck may find Profit.ly’s array of resources to be helpful in their efforts to incur lesser losses and be more successful 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!
So, if you genuinely desire to be better at trading and wish to learn from your peers and experts along the way, then you should look no further than Profit.ly. Profit.ly could be a good alternative to start.
FAQ Tim Sykes Weekend Trades Profitly
What are the best ways to use Profit.ly to post your trades?
Profit.ly includes an entry section for trades under the My Trade’ category of the dashboard which lets you record your trades, either verified or otherwise. There are three choices:
- Linking your account with your brokerage of choice and then importing the trades from that directly
- Manually inputting your trades with specified spaces and information.
- Upload a screenshot of your transactions
How do I know whether the trade can be verified or not?
If you purchase your trade through a reliable brokerage, there is an excellent likelihood that it can be verified. This is indicated with the blue check mark. If you post the information manually or via pictures, it will be assigned as unverified.
The downside of having an unauthenticated trade is the possibility of receiving downvotes from friends and colleagues. Too many downvotes may cause you to be listed on the Madoff leaderboard, where people 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 for download on the Apple App Store as well as in the Google Play store. The mobile version of the app is compatible with the majority of working smartphones and tablets.
How many people are using 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 develop and grow in their ability to take advantage of stock market opportunities all over the world.