Stock trading can be an extremely risky game. On some days, you may have the benefit of positive and satisfactory numbers. On other days, however you may experience the opposite, and it may sometimes be extremely difficult to get back to where you were your peak. If you find yourself immersed in the water You will need be aware that relying solely on your instincts and preserving might not be enough.
If you’ve experienced losses from time to time and you’re likely to require sound advice from tried-and-tested trading experts. You’re also gonna need an important boost from trading partners from all over the world, which is why we’ve found an online platform that will help you in your growth in the market. We’ll be taking 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. To get a comprehensive overview of Profit.ly, you may still want to check out our article below.
Total Rating: 4.1/5 Tim Sykes Youtube Today
Value: 4.1/5
Quality: 4.1/5
Costs: 4.1/5
Users Experience 4.5/5
Summary
Profit.ly is an online trading platform that allows traders of different levels to be informative responsible, transparent, and uplifting with each other through its broad range of features and tools like chat rooms, trade verification and a rich library of educational content.
What exactly is Profit.ly?
Profit.ly is a trading site that serves both as a learning and training platform for traders new to trading and as a hub for experienced traders to track their performance with the help of sophisticated analytics tools. It provides users with a vast range of resources to facilitate trade and communication, it helps traders from all walks of life network with each other. It offers gurus with an opportunity to invest in the right areas of this platform. Imagine it as an online social media platform similar to Facebook and Reddit, but for experts and traders.
Profit.ly independently checks the performance of trades and then publishes the information from them in the form of leaderboards. The trading platform is built on transparency and honesty: it guarantees that the trades are valid and won’t allow for fraud as much as is humanly possible. It was created in the past by penny expert in stock trading and investment expert Timothy Sykes, along with the other expert Michael Mosseri.
One time , during an appearance in Forbes magazine Sykes stated that Profit.ly was driven by its focus “on showing every trade, something that was never prior to.” The concept was, he said, serving two goals: 1.) keeping track of public data for not just the gurus as well as newsletter authors and students, and 2) making it possible for anyone on the platform to learn from both losses and wins for the trading industry’s benefit. Tim Sykes Youtube Today
How Does It How Does It
Profit.ly follows a subscription-based model that allows stock traders to benefit from a variety of features and services aimed toward achievement. You can create an account there at no cost, however you’re limited to access to the leaderboard and follow the activities of people who aren’t gurus. If you’re looking to invest your money in order to find out which stocks the gurus are trading in real time You’ll need to sign up to one of Profit.ly’s deals, which we will review in the coming days.
Making an account simple: 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 up to at the very top of the list. Profit.ly’s Leaderboard function, which was previously mentioned was designed to offer its users a look at their performance as a trading group and its gurus. It’s not just a way to show value to a community of traders, as you can also utilize Profit.ly to buy from a guru with the confidence that you are confident in their skills and the legitimacy of their claims.
If you feel uneasy with the idea of divulging the details of your broker account you can decide to share your trades, verified or not, via pictures. In Profit.ly is the huge selection of courses in trading, the ability to view stats in a trader’s profile, and more ways to communicate with your gurus in the chatroom, in addition to text and e-mail alerts and updates.
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Meet Tim Sykes, 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 shares that trade for just less than 5 cents per share. The trading of penny stocks can be seen as an opportunity for small companies to move to a large marketplace as it allows them to access money from the public. But don’t be mistaken – it’s also an extremely risky activity, as Sykes will be able to tell you through his many years of expertise.
Beginning in the latter years of high school, Tim Sykes has, since then, earned more than $6 million in earnings during his long and successful career as trader. At 25 years old Tim Sykes had received more exposure and a wider reach of influence as a participant in the reality series “Wall Street Warriors.” He made use of the show to establish trading rooms, 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 sweet inclusions is the vast array of education resources, trade alerts, and other useful stuff offered by the platform’s in-house gurus. Gurus are referred to the experts in trading who have made significant amounts of profit through their years of experience. Tim Sykes Youtube Today
At its peak, Profit.ly had housed up to five gurus, each of them a pro within their particular field within the world of trading. Some of the most famous experts included Connor Bruggermann, Nathan Michaud of Investors Underground, and Triforce among others. At the time of writing there are only two gurus who remain on the 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 we’ll take a look at what packaged deals each guru can offer.
From Tim Sykes: Tim’s Alerts
Sykes offers a basic stock trading service which focuses on penny-stock day trading via Tim’s Alerts. The cost is $74.95 per month, you will see him focus on the fundamental stock catalysts and use them to predict the next move that is possible when making trades.
A purchase on its own in Tim’s Alerts will get you access to the chatroom as well as the mobile app available to iOS as well as Android devices, as well as texts, emails, and push alerts; and a daily stock watchlist.
Tim Sykes: From Tim Sykes: The Pennystocking Silver Package
Pennystocking Silver is the highest-quality, upgraded version of the Tim’s Alerts package. Priced at $149.95 for a month it is the perfect plan for investors who are committed to penny stock trading. Pennystocking Silver includes all the basic features that were included in prior plans, which includes swing trading alerts and unlimited access to a library of more than 7,000 instructional videos that are updated each week.
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In “Superman” Paul Scolardi: Superman Alerts
Scolardi who is known under the name “Superman,” is a trader who has an eye for both small-cap monumental stocks and crazy-accurate marketing forecasts. Through the years since he began as a trader, Superman has amassed over $5.5 million in trading profits. Tim Sykes Youtube Today
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 an access to the day-to-day premarket stock watchlist as well as the mobile application, daily market commentary shown 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 an extensive base of knowledge of information provided by Superman himself via his Superman Pro package. Alongside the standard features that are included in the Alerts package, Superman Pro gives you weekly video lessonsthat include an ever-growing library of other previous ones. Additionally, you’ll also get an access to high-quality research papers as well as the IPO or earnings monitor.
Profit.ly Programs and Costs
If you’re looking to join the trading community on the internet and leave your mark on the market, Profit.ly has the right amount of tools to get you started. Profit.ly offers three membership tiers that cater to traders at different levels. Let’s take a look at what these three are and how much they’ll cost you.
Novice Plan
The package called Novice is Profit.ly’s beginning-of-the-line plan specifically for people who are brand new to the trading community. Once you have signed to this plan, you will be immediately offered a range of strong and indispensable trading tools, all of which is essential to keep your fingers on what can describe as a cutthroat process by itself.
Among the list of things you can accomplish with Profit.ly’s Novice package is the ability to confirm trades and track profits and follow-up, leading and even chatting with your fellow traders, as well as leaving feedback on today’s trades. You’re also allowed to get onto leaderboards; study your trades, sort as well as filter trades and, lastly, view other’s stats.
The Novice plan costs $29.95 per month. Although it looks attractive just by the price however, there’s a drawback. It isn’t possible to create a private profile, thus making your activities publicly available. If you’re interested in get access to this feature, you should stay tuned as we introduce to you Profit.ly’s next plan.
The Trader Plan
The Trader package allows you to use many of the features of The Novice package. This plan allows that you can set up an individual profile that allows you to share with fellow associate users all the insights and intel in the trading community.
Priced at $49.95/month, Profit.ly’s Trader plan is exactly what it says caters for those looking to harness their expertise in trading. Although it’s a nice thing, there is one significant aspect that’s not included. In contrast to the Novice package, you won’t be able to see other traders’ stats this could be a problem for those eager to try this new tier. Tim Sykes Youtube Today
Pro Plan
This is by far the most luxurious package Profit.ly offers to experienced traders. At $74.95 per month, which includes a 22% discount for billing annually, this tier has it all. You will have full, unrestricted access to all features of the previous plans.
Not only do you get to look at other people’s statistics and data, but you also have the chance to create your own private profile. These two features are in addition to the advantages that you can utilize to their fullest capacity. If you’re looking for an account that will give all the features you need to be trader with experience, the Pro level is ideal for you!
Profit.ly’s Other Services
In addition to the tools for training and leadersboards Profit.ly has a few more services it has to provide. One of those is its online store, where customers can pick from a range of instructional videos that are that are designed to educate and help you understand the ins and outs of trading. The products listed in this section of the website is available to be purchased immediately for personal use. Among these products include best-sellers such as”Trading Tickers, “Trading Tickers” series by trader professional Tim Grittani, Timothy Sykes’s collection of DVDs and streaming-only content related to short stocking, penny stocking, and all other aspects of trading. There are also clips and clips from events like the Annual Pennystocking Conference, and products from other expert traders.
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The integrated chat rooms are included in Profit.ly’s variety of features and services. You’re probably familiar with the concept of the chat room as you can find it throughout messaging and social platforms, as well as some specialty websites that provide live chat support. However, in Profit.ly, it is seen as a space where experts and their members can interact and share knowledge in real-time. Each guru has their style in running their chat rooms and dealing with the listed members. One of them may be laid back and rarely active, while another may be more interactive and online with their students. Consider chatrooms as Profit.ly’s version of the forum, in the essence.
Who is the Ideal Trader for Profit.ly?
Profit.ly’s wide range of products and features caters to a large variety of stock traders, from novices to the most experienced. Considering the number of offers it can provide, the platform surely has something for every person.
For instance, newbies will enjoy Profit.ly’s collection of educational materials available across the platform. In addition, they will be enriched with weekly videos and chat room advice from its in-house gurus and their members. They’ll also be able pick from the merchandise available on its store online to carry with them wherever they may go. Additionally, they can gain practical experiences from trading within the platform, however they’ll realize that trading is a risky game that shouldn’t be taken as a joke.
For those traders who have had decades of experience in the line, we believe Profit.ly equally suited for them as it is for the newcomers. Although the novices might not be as proficient in managing trading, the pros already understand how it works along with the stack full of risks associated with it. It is ideal to use Profit.ly’s array of options to their maximum advantage to enhance their skills in trading. As beginners, they are able to learn from the top experts as well as experts, and take advantage of quick tips and tidbits throughout the process.
Profit.ly’s “all-in” approach does not only apply to beginners or semi-experienced trader. Experts who have been verified can also participate in the enjoyment! People in the trade industry who are at similar levels to Superman as well as Tim Sykes can also use Profit.ly’s capabilities. Profit.ly’s abilities to show off their expertise to other traders as a way to guide them through the ever-illustrious trading process. Tim Sykes Youtube Today
Profit.ly’s Pros and Pros and
The Pros
- Profit.ly’s diverse capabilities as a ‘one-stop’ stock trading platform enable traders across the globe with a wealth of education communications, trading, and communication tools
- You get to receive excellent training 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 assured of transparency throughout Profit.ly with accurate analytics and fellow traders ready to call you out whenever something happens
- The leaderboard feature on the platform gives you the chance to establish your reputation as a reliable and verifiable trader
- Apart from its core abilities, Profit.ly also gives its customers additional options to meet their needs, like posting unauthentic trades via screenshots
- Profit.ly’s diverse range of packages and subscription levels are priced at a reasonable cost There is truly something for all
The Cons
- Profit.ly’s numerous packages and products offered may seem overwhelming for a lot of its users
- As traders may opt to make any type of trade, there is an opportunity that some them may take advantage by picking the most profitable trades to increase the rating this could be a concern that should not be overlooked.
- Profit.ly does not offer refunds, as its premium users are expected to immediately take advantage of the numerous services the platform has to offer
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The Final Verdict The Final Verdict: Is Profit.ly worth it?
If we could think of an answer to this question, it would be a ‘yes’. But you need to understand that this platform shouldn’t be viewed as a get-rich-quick scheme. The platform was not always meant to be designed in this way. Instead, you need to have curiosity. Tim Sykes Youtube Today
What we are referring to”yes” is that it can be a great learning tool. People who are stuck could 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 only the poor traders that can profit from the platform. It is able to accommodate novices and even experts!
So, if you genuinely desire to be a better trader and want to be taught by your mentors and peers on the way, look no further – Profit.ly may be a great option to begin.
FAQ Tim Sykes Youtube Today
How can you make use of Profit.ly to make your trades public?
Profit.ly has an entry section for trades under the ‘My Trade category on the dashboard which allows you to post your trades that are verified or otherwise. You may choose between three options:
- Linking your account to the brokerage of choice and importing transactions directly through there
- Manually entering your trades into the spaces provided and details
- Upload a screenshot of your trades
How do I know whether the trade can be verified or not?
If you purchase your trade through a reliable brokerage, there is a high chance that it is verifiable. This is shown by the small blue check. If you upload the information manually or via images, it will be assigned as unverified.
The drawback of posting an unauthenticated trade is the risk of getting downvotes from your colleagues. A large number of downvotes could cause you to show up at the top of the Madoff leaderboard, which is where the public are able to identify who is untruthful in submitting trades.
Does the Profit.ly mobile application still available?
As of this writing, Profit.ly is still available for download on the App Store for Apple and on the Google Play store. The mobile app version works with all working smartphones and tablets.
How many people are on Profit.ly?
Profit.ly currently houses over 150,000 investors and traders, since they’re not just trying to maximize profits but also assist each other to learn and improve in acquiring opportunities in the stock market all over the world.
