The stock market can be an exciting game with high stakes. Some days, you could enjoy the benefits of pleasing and positive numbers. On other days, however you may experience the opposite and it could be extremely difficult to get back to the point you were at your peak. If you are immersed in the water it is important to recognize that relying on instinct and survival might not be enough.
If you’ve been incurring loss from time to time You’ll need reliable advice from tested and tried trading experts. Additionally, you’ll require a significant boost from your fellow traders from around the globe. That’s why we’ve identified a platform that can support you in your improvement within the field. In this review, we’ll take a look at Profit.ly is a well-known 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. Do check out our article below, however, because it has a comprehensive overview of Profit.ly.
Total Rating: 4.1/5 Timothy Sykes 800 Number
Value: 4.1/5
Quality: 4.1/5
Costs: 4.1/5
Users Experience 4.5/5
Summary
Profit.ly offers an internet-based trading service that allows traders of various levels to be knowledgeable and accountable, as well as transparent and encouraging each other through its broad range of features and tools including trade verification, chat rooms and a rich library of educational material.
How do I define Profit.ly?
Profit.ly is a site for trading that serves both as a learning and education platform for people who are just beginning their journey as well as a place for traders with experience to keep track of their performance with the help of advanced analytics tools. It provides users with a vast variety of tools for communication and trade and letting traders from every field of business connect with each other. It offers gurus with worthwhile investments within the confines that the site. Imagine it as an online social media platform similar to Facebook and Reddit but with a focus on professionals and traders.
Profit.ly independently checks the performance of trades and then publishes the information from them in the style of leaderboards. The trading platform is built on honesty and transparency: it ensures that the transactions are legitimate and will not allow for fraud as much as it is possible. It was founded many years ago by penny stock trade expert and investment expert Timothy Sykes, along with the other expert Michael Mosseri.
In an interview with Forbes magazine Sykes said that Profit.ly was driven by its focus “on the transparency of all trades, something that has never been done before.” The idea was, he said, serving two goals: 1.) making public records for all traders, not just the gurus, but also the students and newsletter writers as well as) making it possible for anyone on the platform to gain insight into both the wins and losses for the trading industry’s benefit. Timothy Sykes 800 Number
How Does It Work?
Profit.ly follows a subscription-based model that lets stock traders gain access to a multitude of tools and services that are geared at achieving achievement. You can create an account at no cost, however you’re limited to access to the leaderboards and monitor the activities of non-gurus. If you’re looking to invest your money to see what stocks the experts are trading in real-time You’ll need to sign up to one of Profit.ly’s offerings, which we will discuss in the near future.
Setting up an account is easy: create an account that includes your personal information and expertise, connect your brokerage account, and you have yourself a chance to shoot your way to high on the leaderboard. Profit.ly’s leaders’ board feature as mentioned previously, is designed to give its users a look at how the community of traders performs as well as its experts. It’s not just a way to demonstrate value to a group of traders, as you can also use Profit.ly to shop with a professional with the confidence that you are confident in their skills and the credibility of their assertions.
If you feel uneasy with the idea of sharing your brokerage account, you can choose to publish your trades, whether verified or otherwise, through photographs. Also included in Profit.ly are a variety of trading classes, the ability to view statistics on a person’s profile and other methods to interact with your experts via chatrooms in addition to 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 trader who is well-known for his involvement in penny stock trading. 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. Penny stock trading is an opportunity for small-scale businesses to make the transition into a larger market because it allows them to access funds from the general public. But don’t be mistaken – it can also be a high-risk game, which Sykes can surely tell through his many years of expertise.
Since his initial beginnings in the latter years of the high schools, Tim Sykes has, since then, made an estimated $6 million earnings throughout his illustrious career as a trader. At the age of 25 Sykes was given more exposure and a wider impact when he was a part of the reality show “Wall Street Warriors.” Then, he made use of the show to develop trading rooms, penny stock themes, and educational content geared toward people who are brand new to trading. He also helped establish Profit.ly as a platform for transparency and for the community to uplift and compete with each other on the platform.
The Profit.ly Gurus
One of Profit.ly’s amazing features is the wide range of educational sources, trade alerts and other helpful stuff provided by the company’s internal gurus. These gurus refer to experts in the field of trading who have made significant amounts of profit from their collective years of knowledge. Timothy Sykes 800 Number
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 prominent experts were Connor Bruggermann, Nathan Michaud of Investors Underground, and Triforce among others. At the time of writing, only two gurus remain on this platform: Founder as well as penny-stock trader Tim Sykes and veteran smallcap swing trader Paul Scolardi, also known as Superman. With that taken into consideration, let’s take a look at what packaged deals each guru offers.
From Tim Sykes Tim Sykes
Sykes provides a basic stock trading service with the main priority being penny-priced day trading with Tim’s Alerts. The cost is $74.95 monthly, you’ll be able to see him focus on the basic stock catalysts and employ them to forecast the next move that is possible when making trades.
A single purchase of Tim’s Alerts will get you access to the chatroom, as well as the mobile app available for iOS and Android devices, as well as email, text and push alerts; and a daily stock watchlist.
From Tim Sykes: The Pennystocking Silver Package
Pennystocking Silver is the highest-quality version that has been upgraded of the Tim’s Alerts program. It costs $149.95 per month, it is a great option for those who are committed to penny stock trading. Pennystocking Silver comes with all the standard features found in earlier plans which includes swing trading alerts as well as unlimited access to a collection of more than 7,000 educational videos that are updated each week.
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The following video is from “Superman” Paul Scolardi: Superman Alerts
Scolardi, who goes by the name “Superman,” is a swing trading professional with an eye for both tiny-cap massive stocks as well as wildly accurate marketing forecasts. Through the years since he began as a trader, Superman has amassed over $5.5 million in total trading profits. Timothy Sykes 800 Number
The Superman Alerts plan is an offering of essential features and trading alerts geared to those interested. For just $147 per month, you’ll have access to the daily stock watchlist that is premarket along with 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 provided by Superman himself, via his Superman Pro package. In addition to the basic features included in the Alerts package, Superman Pro gives you daily video lessons, which include a growing library of all previous lessons. On top of that you’ll also gain access to premium research reports and an IPO as well as earnings tracking tool.
Profit.ly plans and costs
If you’re eager to join the world of online trading and leave your mark on the market, Profit.ly has the right amount of resources to help you going. The platform has three membership levels, each designed for traders at different levels. Let’s take a look at what these three tiers are and how much they will cost you.
Novice Plan
The Novice package is Profit.ly’s beginning-of-the-line plan specifically for those who are new to the trading community. As you sign up for this plan you’ll be offered a range of strong and essential trading tools, each of which is essential to keep your fingers on what call a competitive process by itself.
Among the list of things you can do with Profit.ly’s Novice package is the capability to check the results of your trades and track profit and follow-up, leading and even chatting with your fellow traders, as well as providing feedback on trades today. You can also get on leaderboards, analyze the results of your analysis, sort, as well as filter trades; and, lastly, view other people’s statistics.
The Novice plan will cost $29.95 per month. Although it might look appealing for the price alone but there’s a disadvantage. You aren’t able to create a personal account, making your actions public. If you’re interested in get the benefit of this service, you should stay tuned as we introduce to you Profit.ly’s next strategy.
Trader Plan
The Trader package allows users to benefit from many of the features of the novice plan. This plan allows that you can set up an individual profile that allows you for sharing with fellow associates all your insights and information you have gained from this trading group.
Priced at $49.95/month, Profit.ly’s Trader plan is exactly what it says caters people who want to develop their skills in trading. As nice as it seems however, there’s a crucial element that’s missing. Unlike the previous Novice package, this one won’t be able to see other traders’ statistics that might be a drawback for those looking forward to this tier. Timothy Sykes 800 Number
Pro Plan
The Professional plan can be described as the highest premium package that Profit.ly could offer for seasoned traders. It costs $74.95 each month and 22% off for billing annually This plan offers it all. You will have full, unrestricted access to all features from the two previous plans combined.
In addition, you’ll be able to see other users’ stats, but you’re also given the opportunity to create an individual profile. Both of these features, on top of all the advantages you’ll be able to use to the fullest potential. If you’re looking for an option that gives you everything you need as trader with experience, the Pro plan is the right choice for you!
Profit.ly’s Other Services
Apart from the training tools and the leadersboards 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 video products that are designed to educate and 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. Among these products include best-sellers like”Trading Tickers, “Trading Tickers” series by trader expert Tim Grittani, Timothy Sykes’s collection of DVDs, streaming-only content on penny stocking, short stocking, and all other things trading-related, clips and clips of The Annual Pennystocking Conference, and items from other experts in trading.
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The integrated chat rooms are included in Profit.ly’s range of services and features. You’re probably familiar with the concept of chat rooms since you will see it on messaging and social platforms, in addition to a few special websites that offer live chat support. But on Profit.ly it’s seen as a place where gurus and their member traders can communicate and share knowledge in real-time. Every guru has their own way in running their chat rooms and dealing with the members. One might be a laid-back person who is less engaged, while another could be more interactive and online to their pupils. Consider chatrooms as Profit.ly’s version of a forum, in essence.
Who is the ideal trader to Profit.ly?
Profit.ly’s wide range of products and features cater to an array of stock traders, from novices to the most experienced. With the variety of deals it can provide this platform definitely has something for every person.
For instance, newbies can take advantage of Profit.ly’s knowledge-based materials available across the platform. They will also get daily videos and chat room advice from the in-house experts and their members. They’ll also be able select from the products in its online store to carry with them wherever they go. They can also gain hands-on experiences from trading within the platform, but eventually they’ll be able to realize that trading is a high-stakes game that should not be viewed as an opportunity to make fun of.
For the traders with years of exposure down the line, we believe Profit.ly equally suited for them as it is for people who are just beginning. Although the novices might not be as adept at dealing with trading issues but the experts already know how it works and the risky mix that it carries. Ideally, they may use Profit.ly’s variety of features to their full advantage to improve their trading skills. As beginners, they are able to study from the gurus and experts , and use those simple tips and hints throughout the process.
Profit.ly’s ‘all-together’ nature does not only apply to beginners or semi-experienced trader. Verified experts can also join in the fun! Trade professionals who are on the same level as Superman as well as Tim Sykes can also use up Profit.ly’s capabilities to showcase their skill to others as a way to guide them through the ever-illustrious trading process. Timothy Sykes 800 Number
Profit.ly’s Pros and Cons
The Pros
- Profit.ly’s many capabilities as a “one-stop” stock trading platform allows it to provide traders everywhere with an abundance of knowledge communications, trading, and communication tools
- You get to receive excellent training and insights from its internal experts, which include collections of educational videos as well as live trading activity.
- You’re guaranteed transparency throughout Profit.ly with accurate analytics as well as other traders that are waiting to reach you out whenever something happens
- The leaderboard feature on the platform gives you a way to build your credibility as a trustworthy and verifiable trader
- In addition to its primary features, Profit.ly also gives its customers extra options that can be tailored to their individual preferences, for instance, posting unauthentic trades via screenshots
- Profit.ly’s wide array of packages and subscription levels are priced at reasonable prices There is truly something for all
The Cons
- Profit.ly’s abundance of packages and services offered could not be enough for the majority of its users
- Since traders can choose to open any kind of trade, there’s a possibility that some of them will profit by selecting the best trades in order to boost their rating this could be a problem that shouldn’t be simply overlooked
- Profit.ly will not allow refunds because its premium users are expected to instantly take advantage of the numerous services the platform has to offer
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The Final Concluding Question The Final Verdict: Is Profit.ly Valued?
If we could come up with an appropriate answer for this query, it’s a ‘yes’. However, you must realize that this platform shouldn’t be viewed as a quick-fix scheme to make money. It wasn’t intended to be created in this way. Instead, you should have curiosity. Timothy Sykes 800 Number
What we mean”yes” is it can be a great learning tool. People who are stuck might be able to find Profit.ly’s range of resources to be helpful as they do their best to incur lesser losses and be more successful than they did before. It’s not just the struggling traders who will profit from the platform. It will be able to accommodate beginners as well as even experts!
So, if you genuinely care about being a better trader and want to learn from your fellows and gurus along the way, then look no further – Profit.ly could be a good choice to start.
FAQ Timothy Sykes 800 Number
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’ category of the dashboard. It lets you post your trades, verifiable or otherwise. You may choose between three options:
- Linking your account to the broker of choice and import trades directly from there
- Manually inputting your trades with the spaces provided and details
- Send a screen shot of your transactions
How can I tell if the trade is verifiable or not?
If you buy your trade from a trusted brokerage, there’s the likelihood that it can be verified. This is evident by the small blue check. If you post it manually or through pictures, it will be classified as unverified.
The disadvantage of an unauthentic trade is the chance of receiving downvotes from friends and colleagues. Too many downvotes may cause you to show up at the top of the Madoff leaderboard, where people can see who’s dishonest in posting trades.
Does the Profit.ly mobile app still in use?
As of the moment, Profit.ly is still available for download on the App Store for Apple and on the Google Play store. The mobile version of the app works with all operating tablets and smartphones.
How many people are currently using Profit.ly?
Profit.ly is currently home to over 150,000 traders and investors, since they’re not just seeking to make the most profit but also to help one another grow and learn more about acquiring stock market opportunities all over the world.