Stock trading can be a high-stakes game. Some days, you might be reaping the benefits of pleasing and positive numbers. On other days, however, the opposite may happen and it could be extremely difficult to get back to where you were your best. If you find yourself immersed in the water, you will have be aware that relying solely on instinct and survival may not always be enough.
If you’ve been incurring loss from time to time You’ll need solid advice from seasoned and tested trading experts. Additionally, you’ll require an important boost from fellow traders from around the globe, which is why we’ve found an option that can help you to improve your performance within the field. 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. Do check out our article below, however, because it has a comprehensive overview of Profit.ly.
Total Rating: 4.1/5 Timothy Sykes Alerts
Users Experience 4.5/5
Profit.ly is an online trading platform that permits traders of different levels to be informed and accountable, as well as transparent and encouraging one another through its wide range of features and tools such as trade verification, chat rooms, and an enriched library of educational material.
What is Profit.ly?
Profit.ly is a trading website that functions as a training and learning platform for traders who are starting out as well as a place for traders who are experienced to monitor their performance using the aid of sophisticated analytics tools. Providing users with a wide variety of tools to facilitate trade and communication and letting traders from every field of business connect with one another. It also allows gurus to make worthy investments within the boundaries of this platform. Imagine it as the social media equivalent to Facebook and Reddit but with a focus on experts and traders.
Profit.ly independently validates trade performance and posts all the data from them in the style of leaderboards. The trading platform is built on transparency and honesty: it makes sure that transactions are legitimate and will not tolerate inauthenticity as much as possible. It was established in the past by penny stock trade expert and investment expert Timothy Sykes, along with his colleague Michael Mosseri.
One time during his interview with Forbes magazine, Sykes said that Profit.ly was driven by its focus “on the transparency of every trade, something that was never done before.” The idea was, he said, serving two goals: 1.) making public records for all traders, not just the gurus, but also the newsletter writers and students and secondly) giving everyone on the platform to be enlightened by both losses and wins to benefit the industry of trading. Timothy Sykes Alerts
How Does It How Does It
Profit.ly is a subscription-based platform which allows stock traders to benefit from a variety of services and features geared at achieving the success of their business. You can create an account at no cost, however you’re limited to the ability to navigate through the leaderboard and observe the activities of people who aren’t gurus. If you’re looking to invest your money and see which stocks the gurus are trading in real time it is necessary to subscribe to any of Profit.ly’s offers that we’ll discuss in the near future.
Setting up an account is simple: Create an account that includes your personal information and expertise, connect to your brokerage account and you have yourself a chance to shoot your way up to at the very top of the list. Profit.ly’s leaders’ board feature as previously mentioned, is designed to give its users an insight into their performance as a trading group as well as its experts. It’s not just a way to prove that you’re worthy to the community of traders, as you can also utilize Profit.ly to purchase from a guru with the assurance that you’re confident with their expertise and the credibility of their assertions.
If you’re not comfortable with the concept of leaking your brokerage account, then you could choose to publish your trades, either verified or not, by taking photographs. Also included in Profit.ly are a variety of trading courses, the ability to view stats in a trader’s profile and other methods to communicate with your gurus in the chatroom, in addition to notifications via email or text as well as updates.
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Meet the Founder: Tim Sykes
Timothy Sykes is a well-renowned day trading personality who is famously known for his involvement in penny stock trading. According to Investopedia the term “penny stock” refers to a small-sized company’s shares that trade for under $5 for each share. Penny stock trading can be seen as a stepping stone for small companies to move to a large marketplace as it gives them access to money from the general public. But don’t make the mistake of thinking that it can also be 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, earned more than $6 million in earnings throughout his illustrious career as a trader. When he was 25 years old, he had been given greater exposure and a larger reach of influence when he became part of the reality series “Wall Street Warriors.” Then, he made use of the show to establish trading rooms, penny stock themes, as well as educational content targeted at people who are brand new to trading. He also helped establish Profit.ly as a platform for openness, 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 education sources, trade alerts and other useful stuff offered by the in-house experts of the platform. The gurus in question refer to the trading experts who have made significant amounts of profit through their years of experience. Timothy Sykes Alerts
At its peak, Profit.ly had housed up to five gurus, all 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. As of this writing, however, 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. When we take that into account Let’s look at what packaged deals each guru has to offer.
From Tim Sykes: Tim’s Alerts
Sykes offers a basic stock trading service that focuses on penny stock day trading through Tim’s Alerts. Costing $74.95 monthly, you’ll see him focus on the fundamental stock catalysts and use them to anticipate the next moves that could occur when trading.
A purchase on its own of 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, text, e-mail and push alerts and a daily stock watchlist.
From Tim Sykes: The Pennystocking Silver Package
Pennystocking Silver is the most premium, upgraded version of the Tim’s Alerts program. It costs $149.95 for a month it is an ideal plan for those who are involved in the penny-stock market. Pennystocking Silver includes all the basic features found in prior plans, which includes swing trading alerts as well as unlimited access to a rich library of over 7,000 educational videos and new videos released weekly.
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From “Superman” Paul Scolardi: Superman Alerts
Scolardi who is known under the alias “Superman,” is a professional in swing trading with an eye for both massive stocks of the small-cap size and insanely accurate marketing forecasts. In the time since the time he started trading, Superman has amassed over $5.5 million in all-time trading profits. Timothy Sykes Alerts
The Superman Alerts plan is an package of vital features and trading alerts geared toward those who may be interested. For $147 per month, you’ll gain an access to the day-to-day stock watchlist that is premarket along with the mobile application, daily market commentary in real-time, and SMS and e-mail alerts.
The film “Superman” Paul Scolardi: Superman Pro
At $247/month, you get additional features and access to the extensive knowledge base provided by Superman himself through his Superman Pro package. Alongside the standard features included in the Alerts package, Superman Pro gives you daily video lessons, which include an ever-growing library of other previous ones. Additionally you’ll also have an access to high-quality research papers and the IPO or earnings monitor.
Profit.ly plans and costs
If you’re eager to join the world of online trading and make a mark on the field, Profit.ly has the right amount of tools to get you going. The platform offers three membership levels that are designed to accommodate traders of different levels. Let’s take a look at what these three are and how much they’ll cost you.
The Novice package 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’ll be given a slew of robust and vital trading tools, each of them integral in keeping your fingers on what could call a ruthless procedure in its own.
Some of the features you can accomplish with Profit.ly’s Novice package is the ability to verify the results of your trades and track profit; leading, following and even chatting with your fellow traders; and providing feedback on trades today. It also allows you to be on leaderboards, analyze, sort, as well as filter trades; and, finally, see the statistics of other traders.
The Novice plan will cost $29.95 per monthly payment. Although it might look appealing simply because of the price however, there’s a drawback. You aren’t able to create a personal profile, thus making your actions public. If you’re interested in get the benefit of this service, you should be watching for us to 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 are able to create a private profile to share with other associate users all the insights and intel in trader’s community.
Priced at $49.95/month, Profit.ly’s Trader plan is exactly what it says: Cater for those looking to develop their trading skills. While it’s nice however, there’s a crucial element that’s missing. Unlike the previous Novice package, you will not be able view other traders’ statistics, which could be a problem for those who are anticipating this level. Timothy Sykes Alerts
This is by far the highest premium package that Profit.ly could offer for seasoned traders. It costs $74.95 per month, and an additional 22% discount for annual billing the Pro plan has everything. It gives you full, unlimited access to all the features from the two previous plans combined.
Not only do you get to look at other people’s statistics, but you’re also given the chance to create your own private profile. These two features are plus the other advantages you’ll be able to use to their fullest capacity. If you’re in search of an option that gives all the features you need to be trader with experience, the Pro tier could be ideal for you!
Profit.ly’s Other Services
Apart from the provided trainer tools and leaderboards, Profit.ly has a few other services they offer. One of these is its online store, which lets users pick from a range of instructional videos that are that are designed to educate and help you understand the ins and outs of trading. All of the products featured in this section of the website can be bought immediately for your personal use. These include best-selling products such as”Trading Tickers, “Trading Tickers” series by trading professional Tim Grittani, Timothy Sykes’s library of DVDs and streaming-only content about penny stocking, short stocking, and other aspects of trading. There are also clips and footage of the Annual Pennystocking Conference, and items from other experts in trading.
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The chat rooms that are integrated are included in Profit.ly’s array of services and features. You’re probably familiar with the chat room as you will see it on social and messaging platforms, and also on a few specialty websites that provide live chat support. But on Profit.ly, it is seen as a real-time space where experts and their member traders can communicate and learn in real time. Every guru has their own style in operating their chat room and dealing with the members. One of them may be laid back and rarely active, while another might be more active and in touch to their pupils. Think of chatrooms as Profit.ly’s version of a forum, in its essence.
Who is the ideal Trader for Profit.ly?
Profit.ly’s diverse range of products and features are geared towards a large variety of stock traders, ranging from novices to experienced professionals. With the variety of deals it has to offer it is certain to have something for every person.
Beginners, for instance, will enjoy Profit.ly’s library of learning content offered throughout the platform. Not only will they be enriched with weekly videos and chat room advice from its in-house gurus and members. They’ll also be able choose from the items from its online store to carry with them wherever they may be. You can also get hands-on experiences from trading within the platform, however they’ll be able to realize that the process is a risky game that shouldn’t be treated as a joke.
For those traders who have had years of exposure down the road, we consider Profit.ly equally suitable for them as it is for people who are just beginning. Although the novices might not be as well-equipped with handling trading matters, the pros already understand how it works and the risky mix that come with it. In the ideal scenario, they can use Profit.ly’s variety of features to their full advantage to improve their trading skills. Like beginners, they can learn from the top experts and experts and utilize those quick tips and tidbits along the way.
Profit.ly’s “all-inclusive” nature doesn’t just apply to newbies or semi-experienced trader. Verified experts can also join in the fun! Those in the trading industry who are at an equal level with Superman or Tim Sykes can also use Profit.ly’s capabilities. Profit.ly’s capabilities to display their expertise to other traders as a way to help guide them through the ever-illustrious trading process. Timothy Sykes Alerts
Profit.ly’s Pros and Cons
- Profit.ly’s many capabilities as a “one-stop” stock trading platform enable it to provide traders everywhere with an abundance of knowledge, communication, and trading tools
- You will be taught by experts and insights from its in-house gurus, including collections of educational videos as well as real-time trading activities
- You’re guaranteed transparency throughout Profit.ly with accurate analytics as well as other traders who are ready to reach you out if something occurs.
- The leaderboard feature on the platform gives you the opportunity to increase your credibility as a trustworthy and dependable trader
- In addition to its primary abilities, Profit.ly also gives its customers additional options to meet their preferences, such as posting unauthentic trades via images
- Profit.ly’s diverse range of subscription levels and guru packages are priced at affordable rates There is truly something for all
- Profit.ly’s abundance of packages and products offered may seem overwhelming for the majority of its customers
- If traders decide to make any type of trade, there’s an opportunity that some them may take advantage by cherry-picking the best trades to improve their ratings – this may be a risk that shouldn’t be overlooked.
- Profit.ly does not accept refunds as the premium customers are expected to instantly benefit from the number of services the platform has to provide
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The Final Concluding Question The Final Verdict: Is Profit.ly worth it?
If we could think of an appropriate answer for this query, it would be 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 need to have the ability to think with an open heart. Timothy Sykes Alerts
What we are referring to by ‘yes’ is that it can be a great learning tool. For those who are struggling, they might find Profit.ly’s variety of resources to be helpful in their efforts to reduce loss and perform better than they did before. It’s not just the struggling traders that will benefit from the platform. It can accommodate beginners and even experts!
If you really care about being a better trader and want to be taught by your peers and experts on the way, you should look no further than Profit.ly. Profit.ly may be a great choice to start.
FAQ Timothy Sykes Alerts
How do you use Profit.ly to post your trades?
Profit.ly includes the option of allowing trade entries under the “My Trade section of the dashboard. It lets you post your trades, either verified or otherwise. There are three options:
- Connecting your account to your broker of choice and import transactions directly through there
- Manually entering your trades using specified spaces and information.
- Send a screen shot of your trades
How can I tell whether the trade can be verified or not?
If you buy your trade from a reputable brokerage, there’s the probability that it’s verifiable. This is indicated with the blue check mark. If you upload the information manually or via screenshots, it will automatically be assigned as unverified.
The downside of having an unauthentic trade is the possibility of getting downvotes from your friends and colleagues. A large number of downvotes could cause you to show up in the Madoff leaderboard, where people can see who’s untruthful in submitting trades.
Is the Profit.ly mobile app still available?
At the time of writing, Profit.ly is still available for download on the Apple App Store as well as the Google Play store. The mobile version of the app is compatible with most operating tablets and smartphones.
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 on the stock market both right and left.