Stock trading is an exciting game with high stakes. Some days, you might have the benefit of positive and satisfactory numbers. On other days, however it could be the reverse and it could be extremely difficult to return to where you were at your best. If you’re always in the mud, you will have to recognize that relying on instinct and survival may not always be enough.
If you’ve suffered losses from time to time You’ll need solid advice from seasoned and tested trading experts. Also, you’ll need an important boost from colleagues in the market from all over the globe. That’s why we’ve discovered an online platform that will help you to improve your performance in the market. We’ll take a look at Profit.ly is a well-known single-stop social platform to trade!
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.
Overall Rating: 4.1/5 Timothy Sykes Asshole
User Experience: 4.5/5
Profit.ly can be described as an online platform for trading that permits traders of all levels to be informative responsible, transparent, and encouraging each other through its broad range of features and tools including chat rooms, trade verification, and an enriched library of educational material.
How do I define Profit.ly?
Profit.ly is a site for trading which serves as a learning and education platform for those who are starting out and as a hub for traders who are experienced to monitor their performance with the help of cutting-edge analytics tools. Providing users with a wide array of options for communication and trade that help traders from all walks of life connect with each other. It offers gurus with worthwhile investments within the confines that the site. Think of it as an online social media platform similar the likes of Facebook and Reddit however it is geared towards traders and experts.
Profit.ly independently validates trade performance and then publishes the information of them in the manner of leaderboards. The trading platform is built on transparency and honesty: it guarantees that the trades are authentic and won’t accept fake news as long as it is possible. It was founded many years ago by penny stock trade expert and investment expert Timothy Sykes, along with fellow expert Michael Mosseri.
One time during his interview with Forbes publication, Sykes said that Profit.ly was motivated by its focus “on showing every trade, something that was never prior to.” This idea was, he said, serving two purposes: 1) creating public track records for everyone, not just the experts, but also the students and newsletter writers and secondly) making it possible for everyone on the platform to learn from both losses and wins for the trading industry’s benefit. Timothy Sykes Asshole
How Does It Perform?
Profit.ly utilizes a subscription model which allows stock traders to gain access to a multitude of tools and services that are geared towards achieving the success of their business. It is possible to create an account on the site at no cost, however you’re only limited to having the capability to browse the leaderboard and follow the actions of non-gurus. If you’re interested in investing your money and see what stocks the experts are trading in real-time, you will need to subscribe to any of Profit.ly’s offerings, which we will go over shortly.
The process of opening an account is easy: create an account that includes your personal information and knowledge, then connect your brokerage account, and you have yourself the chance to climb through high on the leaderboard. Profit.ly’s leaderboard feature, as previously mentioned was designed to offer its users an insight into how the community of traders performs and its gurus. You’re not just allowed to demonstrate value to a 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 assertions.
If you’re not comfortable with the idea of divulging the details of your broker account you may decide to share your trades, verified or not, by taking pictures. Also included in Profit.ly are a variety of trading courses and the capability to see stats in a trader’s profile, and more ways to communicate with your gurus through the chatroom as well as 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 efforts in the penny-stock market. According to Investopedia, a penny stock refers to a small-sized company’s shares that trade for under $5 for each share. Penny stock trading could be viewed as an avenue for small-scale businesses to make the transition to a large marketplace as they can access money from the general public. However, don’t get it wrong – it’s also an extremely risky activity, as Sykes will be able to tell you through his many years of experience.
Beginning in his late years in the high schools, Tim Sykes has, since then, earned over $6 million of earnings during his long and successful career as a trader. When he was 25 years old Sykes was given greater exposure and an even wider impact when he became part of the reality show “Wall Street Warriors.” Then, he made use of the show to develop trading rooms as well as penny stock themes and educational material aimed at those who are just beginning to learn about trading. He also helped establish 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 wide range of educational sources, trade alerts and other useful stuff offered by the in-house experts of the platform. These gurus refer to experts in the field of trading who have proven to make significant amounts of profit through their years of knowledge. Timothy Sykes Asshole
At its height, Profit.ly had housed up to five gurus. Each of them a professional in their field of expertise within the world of trading. Some of the most prominent experts included Connor Bruggermann, Nathan Michaud of Investors Underground, and Triforce, among a few others. As of this writing, however, 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 look at the packaged offers each guru has to offer.
From Tim Sykes Tim Sykes
Sykes offers basic stock trading services that focuses on penny stock day trading through Tim’s Alerts. Costing $74.95 for a month you’ll be able to see him focus on the basic stock catalysts and employ them to forecast the next moves that could occur when trading.
A purchase on its own from Tim’s Alerts will get you access to the chatroom and the mobile app available for iOS and Android devices, as well as texts, emails 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. It costs $149.95 for a month this is a great option for investors who are involved in penny stock trading. Pennystocking Silver includes all the basic features that were included in the previous plan, such as alerts for swing trading and access to an extensive library of over 7,000 educational videos and new videos released weekly.
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The following video is 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. Since the time he started trading, Superman has amassed over $5.5 million in total trading profits. Timothy Sykes Asshole
The Superman Alerts package is his offer of the most essential features and trading alerts targeted towards those who might be interested. For $147/month, you’ll get access to the daily stock watchlist that is premarket along with the mobile app, the daily market updates in real-time, and SMS and e-mail alerts.
In “Superman” Paul Scolardi: Superman Pro
For $247 per month, you can enjoy additional features, as well as access to a knowledgeable base that is provided by Superman himself via his Superman Pro package. In addition to the basic features that are included in the Alerts package, Superman Pro gives you weekly video lessonsthat include the growing collection of the previous ones. Additionally you’ll also have access to premium research reports and the IPO as well as earnings tracking tool.
Profit.ly plans and costs
If you’re eager to join the online trading community and leave a mark in the field, Profit.ly has the right amount of resources to help you started. The platform has three membership tiers that cater to traders at different levels. Let’s look at what the three are and how much they will cost you.
The Novice package is Profit.ly’s beginning-of-the-line plan specifically for people who are brand new to the trading world. As you sign up for this plan, you will be immediately provided with a variety of powerful and vital trading tools, all one of them essential in keeping your fingers on what we call a competitive process in and of itself.
Among the list of things you can do using Profit.ly’s Novice package include the capability to check trades and track profits; leading, following and even texting other traders; and providing feedback on trades today. You can also get on leaderboards, analyze, sort, and filter your trades; and, lastly, view other’s stats.
The Novice plan is $29.95 per month. Although it might look appealing just by the price, there is a downside. You can’t create a private profile, which makes your activities publicly available. If you do want to have an account with this option, you should stay tuned as we introduce to you Profit.ly’s new plan.
The Trader package lets you to take advantage of the majority of features available in the Novice plan. It is in this plan that you can set up an individual profile that allows you for sharing with fellow associate users all your knowledge and intel in the trading community.
Priced at $49.95/month, Profit.ly’s Trader plan does what the name suggests caters for those looking to improve their skills in trading. While it’s nice however, there’s a crucial feature that is missing. As opposed to the prior Novice package, you will not be able to see other traders’ statistics, which could be a disadvantage for some who may be eager to try this new tier. Timothy Sykes Asshole
The Professional plan can be described as the highest premium package that Profit.ly could offer for seasoned traders. With $74.95 per month, and 22% off when billed annually the Pro plan has everything. You will have full, unrestricted access to all features of the previous plans combined.
In addition, you’ll be able to see other users’ stats and data, but you also have the opportunity to create your own private profile. These two features are in addition to the advantages you’ll be able to use to the maximum extent. If you’re looking for an option that gives you everything you need as trader with experience, the Pro plan is ideal 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 them is the online store, which allows users to select from a variety of instructional videos that are that are designed to educate and help you understand the ins and outs of trading. Each of the offerings listed on this page of the site can be bought immediately for your personal use. Among these products include best-sellers such as”Trading Tickers, “Trading Tickers” series from trading specialist Tim Grittani, Timothy Sykes’s collection of DVDs, streaming-only content related to short stocking, penny stocking, and all other things trading-related, clips and clips of events like the Annual Pennystocking Conference, and products from other expert traders.
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The chat rooms that are integrated are as well part of Profit.ly’s range of features and services. You’re probably familiar with the concept of the chat room as you will see it on social and messaging platforms as well as some specialty websites that provide live chat assistance. But in Profit.ly the chat room is viewed as a hands-on space where experts and their members trade and share knowledge in real-time. Every guru has their own style in operating their chat room and in dealing with the members. One of them may be a laid-back person who is rarely active, while another might be more online and communicative to their pupils. Consider chat rooms as Profit.ly’s version of the forum, in the essence.
Who is the best trader to Profit.ly?
Profit.ly’s wide range of products and features are geared towards a large variety of stock trader types, from novices to experienced professionals. With the variety of deals it can provide it is certain to have something for everyone.
Newbies, for instance, will enjoy Profit.ly’s collection of educational content offered throughout the platform. They will also be provided with videos every week and chat room advice from the in-house experts and their members. They’ll also be able to pick from the merchandise available in its online store that they can take with them wherever they may travel. You can also get hands-on experiences from trading within the platform, however, they will soon learn that the process is a risky game that shouldn’t be taken as an amusing pastime.
For those traders who have had decades of experience in the line, we believe Profit.ly equally suitable to people who are just beginning. Although the novices might not be as proficient in dealing with trading issues but the experts already know how it works along with the stack full of risks associated with it. Ideally, they may make use of Profit.ly’s array of features to their best advantage to improve their trading skills. Like novices, they can learn from the top experts as well as experts, and take advantage of quick tips and tidbits to help them along.
Profit.ly’s ‘all-together’ nature doesn’t just apply to newbies or semi-experienced trader. Experts who have been verified can also participate in the fun! Those in the trading industry who are on similar levels to Superman as well as Tim Sykes can also use Profit.ly’s capabilities. Profit.ly’s capabilities to display their skill to others in order to guide them through the ever-illustrious trading process. Timothy Sykes Asshole
Profit.ly’s Pros and Pros and
- Profit.ly’s many capabilities as a “one-stop” platform for trading stocks allows traders from all over the world with tons of learning communications, trading, and communication tools
- You’ll be provided with excellent lessons and insights from its internal experts, which include collections of educational videos as well as real-time trading activities
- You can be sure of complete transparency through Profit.ly with accurate analytics as well as other traders that are waiting to reach you when something goes wrong.
- The platform’s leaderboard feature gives you a way to build your credibility as a trustworthy and authentic trader
- In addition to its primary capabilities, Profit.ly also gives its customers additional options to meet their individual preferences, for instance, posting unauthentic trades via photographs
- Profit.ly’s variety of subscription plans and guru packages are priced at a reasonable cost – there truly is something for all
- Profit.ly’s bountiful stream of packages and services offered could seem overwhelming for the majority of its customers
- If traders decide to make any type of trade, there’s an opportunity that some them will profit by selecting the best trades in order to improve their ratings This could be a risk that shouldn’t be simply overlooked
- Profit.ly does not accept refunds because the premium customers are expected to immediately take advantage of the numerous services the platform has to offer
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The Final Verdict is: Is Profit.ly worth it?
If we were able to come up with an answer to this question, it’s an affirmative “yes”. But you need to understand that it shouldn’t be treated as a quick-fix scheme to make money. The platform wasn’t originally meant to be designed in this way. Instead, you should have an open mind. Timothy Sykes Asshole
What we are referring to by ‘yes’ is that it could be a useful learning tool. Those who may be stuck might be able to find Profit.ly’s array of resources to be helpful as they do their best to incur lesser loss and perform better than before. It’s not only the struggling traders who will profit from the platform. It can accommodate beginners and even experts in the field!
So, if you genuinely desire to be a better trader and want to be taught by your peers and experts throughout the process, then look no further – Profit.ly may be a great choice to start.
FAQ Timothy Sykes Asshole
How do you use Profit.ly to publish your trades?
Profit.ly has a trade entry portion under the ‘My Trade category on the dashboard that allows you to post your trades that are verified or not. There are three choices:
- Linking your account with your brokerage of choice and importing the trades from that directly
- Manually entering your trades into provided spaces and specifics
- Take a photo of your trades
What can I do to determine whether the trade can be verified or not?
If you purchase your trade from a trusted brokerage, there is an excellent probability that it’s verifiable. This is evident by the blue check mark. If you submit it in a manual way or by taking pictures, it will be assigned as unverified.
The disadvantage of an unauthenticated trade is the risk of getting downvotes from your fellow peers. Too many downvotes may cause you to show up in the Madoff leaderboard, where users are able to identify who is untruthful in submitting trades.
Does the Profit.ly mobile app still available?
At the time of writing, Profit.ly is still available for download on the App Store for Apple and in the Google Play store. The mobile version of the app works with all working smartphones and tablets.
How many people are currently using Profit.ly?
Profit.ly is currently home to over 150,000 investors and traders, because they are not just looking to earn maximum profits but also assist each other to learn and improve in acquiring opportunities in the stock market all over the world.