Stock trading can be an extremely risky game. Some days, you could have the benefit of pleasing and positive numbers. On other days, however, the opposite may happen and it can be extremely difficult to get back to where you were at your most productive. If you find yourself immersed in the water You will need to recognize that relying on pure instinct and preservation is not always enough.
If you’ve been incurring occasional losses You’ll need solid advice from seasoned and tested trading experts. Additionally, you’ll require an important boost from colleagues in the market from all over the globe. That’s why we’ve discovered a platform that can support you in your growth in the market. We’ll be taking an in-depth look at Profit.ly, a well-recognized 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. To get a comprehensive overview of Profit.ly, you may still want to check out our article below.
Total Rating: 4.1/5 Timothy Sykes And Jonas
User Experience: 4.5/5
Profit.ly is an online trading platform that enables traders of various levels to be knowledgeable and accountable, as well as transparent and uplifting with one another through its wide variety of tools and features including chat rooms, trade verification as well as an extensive library of educational content.
What exactly is Profit.ly?
Profit.ly is a trading site that functions as a learning and education platform for traders new to trading as well as a place for traders who are experienced to monitor their performance with the help of sophisticated analytics tools. Providing users with a wide array of options to facilitate trade and communication, it helps traders from all walks of life network with one another. It offers gurus with worthy investments within the boundaries that the site. Imagine it as an online social media platform similar the likes of Facebook and Reddit however it is geared towards professionals and traders.
Profit.ly independently validates trade performance and publishes all data 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 accept fake news as long as possible. It was founded years ago by the penny stock trade expert and investment guru Timothy Sykes, along with his colleague Michael Mosseri.
One time during his appearance in Forbes magazine Sykes said that Profit.ly was driven by its focus “on showing every trade, something that was never previously done.” The concept was, he said, serving two purposes: 1) making public records for everyone, not just the experts as well as students and newsletter writers as well as) giving anyone on the platform to be enlightened by both the wins and losses to benefit the industry of trading. Timothy Sykes And Jonas
How Does It How Does It
Profit.ly utilizes a subscription model that lets stock traders gain access to a multitude of features and services aimed at achieving success. It is possible to create an account there at no cost, however you’re only limited to having the capability to browse the leaderboards and monitor the actions 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 it is necessary to join one of Profit.ly’s offers that we’ll go over shortly.
The process of opening an account is easy: create an account that includes your personal information and skills, join to your brokerage account and you’ll be given the chance to climb your way to the top of the leaderboard. Profit.ly’s Leaderboard function, which was previously mentioned, is designed to give its users an insight into the performance of the trading community and its gurus. It’s not only a chance to demonstrate that you’re worthy to the group of traders, as you can also utilize Profit.ly to purchase with a professional with the assurance that you’re confident in their skills and the legitimacy of their claims.
If you are unsure about the idea of divulging information about your account with a brokerage, you can decide to share your trades, whether verified or not, via photographs. Included in Profit.ly are the vast number of trading courses and the capability to see statistics on a person’s profile as well as other ways to communicate with your gurus via chatrooms in addition to email and text alerts as well as updates.
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Meet Tim Sykes, the founder: Tim Sykes
Timothy Sykes is a well-renowned day trading personality who is well-known for delving his hands into trades in penny stocks. According to Investopedia the term “penny stock” is a small business’s stock which trades at less than $5 per share. Penny stock trading could be viewed as an avenue for small businesses to transition to a market that is larger as it gives them access to funds from the public. But don’t make the mistake of thinking that it can also be an extremely risky activity, as Sykes is sure to reveal thanks to his years of expertise.
Since his initial beginnings at the end of his time in high school, Tim Sykes has, since then, made an estimated $6 million profit during his long and successful career as trading professional. At 25 years old Sykes was given more exposure and a wider reach of influence as a participant in the reality show “Wall Street Warriors.” He then used the opportunity to develop trading rooms and penny stock themes and educational content geared toward people who are brand new to the trading field. He also played a role in establishing Profit.ly as a place of openness, and for the community to uplift and compete against each other through the platform.
The Profit.ly Gurus
One of Profit.ly’s sweet inclusions is the vast array of educational resources, trade alerts, as well as other useful information provided by the platform’s in-house gurus. Gurus are referred to experts in the field of trading who have made significant amounts of profit from their combined years of expertise. Timothy Sykes And Jonas
At its height, Profit.ly had housed up to five gurus, all of them a pro within their particular field in the field of trading. Some of the most prominent experts were Connor Bruggermann, Nathan Michaud of Investors Underground, and Triforce, among a few others. As of this writing, there are only two gurus who remain on the platform: the founder and 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 the packages each guru can offer.
From Tim Sykes Tim Sykes: Tim’s Alerts
Sykes provides 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 see him focus on the fundamental catalysts for stocks and utilize them to anticipate the next possible moves in trading.
A standalone purchase of Tim’s Alerts will get you access to the chatroom and the mobile app available to iOS as well as Android devices, as well as text, e-mail and push alerts; and a daily stock watchlist.
From Tim Sykes: The Pennystocking Silver Package
Pennystocking Silver is the most premium version that has been upgraded of the Tim’s Alerts package. Priced at $149.95 monthly, this is an ideal plan for those who are more involved in investing in penny stocks. Pennystocking Silver comes with all the standard features of the previous plan, such as alerts for swing trading and access to a rich collection of more than 7,000 educational videos and new videos released every week.
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From “Superman” Paul Scolardi: Superman Alerts
Scolardi who is known under the alias “Superman,” is a trader who has an eye for small-cap monumental stocks and crazy-accurate marketing forecasts. Through the years since when he first started trading, Superman has amassed over $5.5 million in trading earnings. Timothy Sykes And Jonas
The Superman Alerts plan is an offering of essential features and trading alerts geared to those interested. For $147/month, you’ll get an access to the day-to-day stock watchlist that is premarket and the mobile application, daily market commentary shown in real-time, as well as SMS and e-mail alerts.
The film “Superman” Paul Scolardi: Superman Pro
For $247 per month, you can enjoy additional features, plus access to the extensive knowledge base provided by Superman himself via his Superman Pro package. In addition to the basic features featured in the Alerts plan, Superman Pro gives you daily video lessons, which include an ever-growing library of previous lessons. In addition you’ll also have an access to high-quality research papers and the IPO and earnings tracker.
Profit.ly Programs and Costs
If you’re looking to join the world of online trading and make a mark on the industry, Profit.ly has the right amount of resources to help you going. The platform offers three membership levels that are designed to accommodate traders with different levels. Let’s look at what the three are and how much they’ll cost you.
The Novice package is Profit.ly’s beginning-of-the-line plan specifically for those who are new to the world of trading. Once you have signed to this plan, you will be immediately offered a range of strong and vital trading tools, each one of them essential in keeping your hands on what we call a competitive process by itself.
The list of features you can do using Profit.ly’s Novice program is the capability to check the results of your trades and track profit; leading, following, and even messaging your fellow traders; and giving feedback on the trades of today. It also allows you to be onto leaderboards; study your trades, sort or filter the trades you make; and, lastly, view other’s stats.
The Novice plan will cost $29.95 per monthly payment. Although it looks attractive just by the price, there is a downside. You aren’t able to create a personal profile, which makes your actions public. If you’re interested in have the benefit of this service, you should keep an eye on us as we present to you Profit.ly’s next plan.
The Trader Plan
The Trader package lets you to take advantage of many of the features of The Novice package. In this plan, that you are able to create an individual profile that allows you to share with fellow associate users all your knowledge and intel in the trading community.
The price is $49.95/month, Profit.ly’s Trader plan is exactly what it says caters people who want to improve their skills in trading. While it’s nice, there is one significant element that’s missing. In contrast to the Novice package, this one won’t be able to see other traders’ stats, which could be a disadvantage for some who may be eager to try this new tier. Timothy Sykes And Jonas
The Pro plan is the most premium package that Profit.ly can offer to experienced traders. It costs $74.95 monthly, with an additional 22% discount for billing annually the Pro plan has it all. You will have full, unrestricted access to all features from the two prior plans.
In addition, you’ll be able to see other users’ stats, but you’re also given the opportunity to create an individual profile. These two features are plus the other advantages you’ll be able to use to the maximum extent. If you’re looking for an option that gives you with everything you require as a skilled trader, maybe the Pro plan is ideal for you!
Profit.ly’s Other Services
In addition to the tools for training and leadersboards Profit.ly has a few other services they offer. One of them is the online store, which allows users to choose from a wide array of instructional videos that are that are designed to educate and guide you through the nuances and pitfalls of trading. Each of the offerings listed on this page of the site can be bought immediately for your personal use. These include best-selling products such as”Trading Tickers, “Trading Tickers” series by trading specialist Tim Grittani, Timothy Sykes’s collection of DVDs and streaming-only content on short stocking, penny stocking, and all other related to trading, videos and clips taken from the Annual Pennystocking Conference, and other products by expert traders.
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Chat rooms integrated into Profit.ly are also part of Profit.ly’s array of services and features. You may be familiar with the concept of the chat room since you can see it across messaging and social platforms, in addition to a few special websites that provide live chat support. However, in Profit.ly the chat room is viewed as a real-time space where experts 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 there. Some may be a laid-back person who is rarely active, while another may be more active and in touch in their interactions with students. Think of chatrooms as Profit.ly’s version of the forum, in the essence.
Who is the Ideal Trader for Profit.ly?
Profit.ly’s variety of offerings and features cater to the wide range of stock trader types, from beginners to experienced pros. Considering the number of offers it can provide it is certain to have something for all.
For instance, newbies will enjoy Profit.ly’s collection of educational information available on the platform. They will also get daily videos and chat room tips from the in-house experts and members. They’ll also be able select from the products in its online store to carry with them wherever they be. They can also gain hands-on experiences by trading through the platform, but eventually they’ll realize that trading is a high-stakes game that shouldn’t be taken as an opportunity to make fun of.
For traders who have many years of experience down the line, we believe Profit.ly equally suitable to the newcomers. Although the novices might not be as proficient in managing trading however, experienced traders know how it works along with the stack full of risks associated with it. Ideally, they may use Profit.ly’s variety of options to their maximum advantage to develop their skills in trading. Like beginners, they can learn from the experts and experts , and use those quick tips and tidbits along the way.
Profit.ly’s “all-in” approach doesn’t just apply to newbies as well as semi-seasoned traders. Experts who have been verified can also participate in the enjoyment! Those in the trading industry who are at similar levels to Superman as well as Tim Sykes can also use Profit.ly’s capabilities. Profit.ly’s capabilities to showcase their skills to others as a way to navigate them through the ever-changing trading process. Timothy Sykes And Jonas
Profit.ly’s Pros and Pros and
- Profit.ly’s numerous capabilities as a ‘one-stop’ stock trading platform allows traders from all over the world with tons of learning communications, trading, and communication tools
- You’ll be provided with excellent lessons and tips from the 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 and fellow 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 main features, Profit.ly also gives its customers additional options to meet their preferences, such as posting unverifiable trades through screenshots
- Profit.ly’s wide array of subscription levels and guru packages are priced at a reasonable cost There’s something for all
- Profit.ly’s bountiful stream of packages and products offered may not be enough for the majority of its customers
- If traders decide to make any type of trade, there’s a possibility that some of them could profit from selecting the best trades in order to boost their rating – this may be a concern that should not be simply overlooked
- Profit.ly does not offer refunds, as its premium users will immediately take advantage of the numerous features the platform is able to provide
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The Final Concluding Question is: Is Profit.ly Valued?
If we could come up with an answer to this question, it’s yes. But it is important to realize that this platform shouldn’t be viewed as a quick-fix scheme to make money. It wasn’t designed to be used for this reason. Instead, you need to have curiosity. Timothy Sykes And Jonas
What we are referring to”yes” is it is a fantastic learning tool. Those who may be stuck might discover Profit.ly’s variety of resources useful in their efforts to reduce losses and perform better than before. Not only struggling traders that will profit from the platform. It is able to accommodate novices and even experts in the field!
So, if you genuinely care about being better at trading and wish to learn from your mentors and peers throughout the process, then you should look no further than Profit.ly. Profit.ly may be a great choice to start.
FAQ Timothy Sykes And Jonas
What are the best ways to use Profit.ly to make your trades public?
Profit.ly includes an entry section for trades in the My Trade category on the dashboard. It allows you to post your trades, verifiable or otherwise. You may choose between three choices:
- Linking your account with your broker of choice and import transactions directly through there
- Manually entering your trades using the spaces provided and details
- Send a screen shot of your trades
What can I do to determine whether the trade can be verified or not?
If you import your trade through a reliable brokerage, there’s the probability that it’s verifiable. This is indicated with the blue check mark. If you post it in a manual way or by taking pictures, it will be classified as unverified.
The drawback of posting an unauthenticated trade is the chance of receiving negative feedback from colleagues. A large number of downvotes could cause you to show up in the Madoff leaderboard, where people are able to identify who is untruthful in submitting trades.
Are the Profit.ly mobile app still in use?
At the time of writing, Profit.ly is still available to download via the App Store for Apple and the Google Play store. The mobile app version works with all operating tablets and smartphones.
How many people are currently on Profit.ly?
Profit.ly currently houses more than 150,000 traders and investors, because they are not just seeking to make the most profit but also help each other grow and learn more about acquiring opportunities on the stock market all over the world.