Stock trading can be an exciting game with high stakes. Some days, you might be reaping the benefits of positive and satisfying numbers. On other days, the opposite may happen and it could be very difficult to get back to the point you were at your most productive. If you find yourself always in the mud it is important be aware that relying solely on instinct and survival might not be enough.
If you’ve suffered losses from time to time You’ll need reliable advice from tested and tried trading experts. Additionally, you’ll require an enormous boost from your trading partners from all over the world, which is why we’ve found an option that can help you in your growth within the field. This review will be taking an in-depth look at Profit.ly A well-respected 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.
Total Rating: 4.1/5 Timothy Sykes Below Deck Instagram
Users Experience 4.5/5
Profit.ly can be described as an online platform for trading that permits traders of all levels to be informed, transparent, accountable, and to build relationships with each other through its broad array of tools and features such as chat rooms, trade verification and a rich library of educational content.
What exactly is Profit.ly?
Profit.ly is a trading website which serves as a training and learning platform for traders who are starting out as well as a place for experienced traders to track their performance with the help of cutting-edge analytics tools. Offering users a broad variety of tools for trade and communication that help 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. Consider it the social media equivalent to Facebook and Reddit, but for professionals and traders.
Profit.ly independently checks the performance of trades and publishes all data from them in the style of leaderboards. The platform’s trading model is based 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 established years ago by the penny stock trade expert and investment expert Timothy Sykes, along with the other expert Michael Mosseri.
In an appearance in Forbes magazine, Sykes said that Profit.ly was driven by its focus “on showing all trades, something that was never prior to.” This idea, he added, served two objectives: one) keeping track of public data for everyone, not just the experts as well as newsletter authors and students and secondly) giving everyone on the platform to be enlightened by both the wins and losses for the trading industry’s benefit. Timothy Sykes Below Deck Instagram
How Does It How Does It
Profit.ly follows a subscription-based model that allows stock traders to gain access to a multitude of tools and services that are geared towards achieving achievement. You can create an account at no cost, however you’re only given the capability to browse the leaderboard and follow the activities of non-gurus. If you’re interested in investing your money and see what stocks the experts are trading in real time it is necessary to subscribe to any of Profit.ly’s offers that we’ll review in the coming days.
The process of opening an account is simple: Create a profile with your experiences and skills, join to your brokerage account, and you have yourself the chance to climb through the top of the leaderboard. Profit.ly’s leaderboard feature, as we’ve mentioned earlier it is designed to provide its users a glimpse of their performance as a trading group and its experts. It’s not just a way to prove value to a group of traders, but you can also utilize Profit.ly to buy with a guru, and have the assurance that you’re comfortable of their knowledge and the veracity of their claims.
If you feel uneasy with the idea of sharing the details of your broker account then you could opt to post your trades, whether verified or not, by taking screenshots. In Profit.ly is the huge selection of trading courses and the capability to see the stats of a trader’s account and other methods to communicate with your gurus in the chatroom, as well as 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 guru who has been famously known for delving his hands into penny stock trading. According to Investopedia the term “penny stock” refers to a small company’s stock which trades at less than $5 per share. Penny stock trading can be seen as an opportunity for small-scale businesses to make the transition into a larger market because it allows them to access capital from the general public. But don’t be mistaken – it can also be a high-risk game, which Sykes is sure to reveal because of his decades of expertise.
Beginning in the latter years of High School, Tim Sykes has, since then, made an estimated $6 million profits through his lengthy career as trading professional. When he was 25 years old Sykes was given more exposure and a wider impact when he became part of the reality show “Wall Street Warriors.” He made use of the show to create trading rooms, penny stock themes, and educational material aimed at those who are new to trading. He also helped to establish Profit.ly as a place for transparency and to allow the community to rise and compete with each other through the platform.
The Profit.ly Gurus
One of Profit.ly’s most appealing features is the vast array of education sources, trade alerts and other helpful stuff provided by the platform’s in-house gurus. These gurus refer to the experts in trading who have earned substantial amounts of money through their years of knowledge. Timothy Sykes Below Deck Instagram
At its peak, Profit.ly had housed up to five gurus, each of them a pro within their particular field in the trading industry. Some of the most famous gurus included Connor Bruggermann, Nathan Michaud of Investors Underground, and Triforce among others. At the time of writing, however, only two gurus remain on the platform: the founder and penny stock trader Tim Sykes and veteran smallcap swing trader Paul Scolardi, also known as Superman. In light of that, let’s take a look at the packages each guru can offer.
From Tim Sykes: Tim’s Alerts
Sykes offers an essential stock trading service that focuses on penny-stock day trading via Tim’s Alerts. At $74.95 for a month you’ll observe him focus on basic stock catalysts and employ them to forecast the next moves that could occur when trading.
A standalone purchase of Tim’s Alerts will get you access to the chatroom, as well as the mobile application that is available on iOS and Android devices; texts, emails and push alerts and a daily stock watchlist.
Tim Sykes: From Tim Sykes: The Pennystocking Silver Package
Pennystocking Silver is the premium version that has been upgraded of the Tim’s Alerts package. It costs $149.95 monthly, this is a great option for investors who are invested in investing in penny stocks. Pennystocking Silver offers all the essential features found in earlier plans which includes swing trading alerts as well as unlimited access to a rich library of more than 7,000 instructional videos, with new ones released every week.
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In “Superman” Paul Scolardi: Superman Alerts
Scolardi, who goes by the name “Superman,” is a trader who has an eye for both small-cap monumental stocks and crazy-accurate marketing forecasts. In the time since when he first started trading, Superman has amassed over $5.5 million in trading profits. Timothy Sykes Below Deck Instagram
The Superman Alerts plan is his package of vital features and trading alerts targeted to those interested. For just $147 per month, you’ll have access daily premarket stock watchlist along with the mobile app, the daily market commentary shown in real-time, and email and SMS alerts.
The film “Superman” Paul Scolardi: Superman Pro
At $247/month, you get additional features, plus access to the extensive knowledge base provided by Superman himself, via Superman Pro. Superman Pro package. Alongside the standard features featured in the Alerts package, Superman Pro gives you daily video lessons, which include an ever-growing library of previous lessons. On top of that, you’ll also get an access to high-quality research papers as well as the IPO as well as earnings tracking tool.
Profit.ly Plans and Costs
If you’re looking to join the online trading community and make a mark on the field, Profit.ly has the right amount of resources to help you up and running. The platform has 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 just beginning their journey to the world of trading. Once you have signed up for this package you’ll be offered a range of strong and vital trading tools, each of which is essential to keep your fingers on what could call a ruthless process in and of itself.
Some of the features you can do using Profit.ly’s Novice program is the ability to verify the results of your trades and track profit and follow-up, leading, and even messaging other traders; and leaving feedback on today’s trades. It also allows you to be on leaderboards, analyze your trades, sort and filter your trades and, lastly, view the statistics of other traders.
The Novice plan is $29.95 per monthly payment. Although it might look appealing for the price alone however, there’s a drawback. It isn’t possible to create a private profile, which makes your personal information public. If you do want to gain the benefit of this service, be watching for us to introduce to you Profit.ly’s next strategy.
The Trader package lets you to take advantage of a majority of features from The Novice package. This plan allows that you can set up an account that is private to share with fellow associate users all your knowledge and knowledge you gain from trader’s community.
Priced at $49.95/month, Profit.ly’s Trader plan is exactly what it says caters people who want to develop their trading skills. As nice as it seems however, there’s a crucial feature that is missing. Unlike the previous Novice package, this one won’t be able to view other traders’ stats, which could be a disadvantage for those who are looking forward to this tier. Timothy Sykes Below Deck Instagram
The Professional plan can be described as the most expensive plan Profit.ly could offer for seasoned traders. With $74.95 monthly, with a 22% discount for annual billing, this tier has it all. You get full, no-holds-barred access to all features from the two previous plans.
You’re not only able to see other users’ stats, but you’re also given the option of creating your own private profile. Both of these options, in addition to the advantages you’ll be able to use to their fullest capacity. If you’re in search of an account that will give all the features you need to be a skilled trader, maybe the Pro plan is ideal for you!
Profit.ly’s Other Services
In addition to the tools for training and leaderboards, Profit.ly offers a number of additional services that it can provide. One of these is its online store, where customers can pick from a range of video products designed to inform and help you understand the ins and outs of trading. The products listed in this section of the site can be bought immediately for your personal use. Among these products include best-sellers like the “Trading Tickers” series from trading expert Tim Grittani, Timothy Sykes’s collection of DVDs, streaming-only content about short stocking, penny stocking, and all other aspects of trading. There are also clips and scenes taken from the Annual Pennystocking Conference, and other products by expert traders.
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The integrated chat rooms are also part of Profit.ly’s array of services and features. You’re probably familiar with the chat room since you can see it across messaging and social platforms, and also on a few specialty websites that provide live chat support. However, in Profit.ly it’s seen as a real-time place where gurus and their members can interact and exchange knowledge in real-time. Every guru has their own style in operating their chat room and in dealing with the members there. One of them may be a laid-back person who is less active, while another may be more active and in touch to their pupils. Consider chat rooms as Profit.ly’s version of the forum in its essence.
Who is the Ideal trader to Profit.ly?
Profit.ly’s wide range of products and features caters to an array of stock traders, ranging from beginners to experienced pros. Given the wide range of options it can provide, the platform surely has something for every person.
Newbies, for instance, will enjoy Profit.ly’s knowledge-based information available on the platform. They will also be provided with videos every week and chat room advice by its internal gurus and members. They’ll also be able pick from the merchandise available in its online store to carry with them wherever they travel. Additionally, they can gain practical experience trading on the platform, but eventually, they will soon learn that the process is a risky game that should not be viewed as a joke.
For traders who have years of exposure down the line, we see Profit.ly equally suited to the newcomers. Although the novices might not be as proficient in managing trading but the experts already know how it works along with the stack full of risks that come with it. Ideally, they may use Profit.ly’s range of features to their full advantage to develop their trading abilities. Like beginners, they can learn from the experts as well as experts, and take advantage of short tips and tricks to help them along.
Profit.ly’s ‘all-together’ nature does not only apply to beginners or semi-experienced trader. Verified experts can also join in the enjoyment! Those in the trading industry who are at an equal level with Superman or Tim Sykes can also use up Profit.ly’s capabilities to showcase their skill to others as a way to navigate them through the ever-changing trading process. Timothy Sykes Below Deck Instagram
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 a wealth of education, communication, and trading tools
- You will receive excellent training and insights from its in-house gurus, including video libraries that teach you how to learn and real-time trading activities
- You’re guaranteed transparency throughout Profit.ly with accurate analytics as well as fellow 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 authentic trader
- In addition to its primary abilities, Profit.ly also gives its customers additional options to meet their needs, like posting unauthentic trades via photographs
- Profit.ly’s diverse range of subscription levels and guru packages are priced at affordable rates – there truly is something for all
- Profit.ly’s abundance of packages and services offered could be too much for a lot of its users
- As traders may opt to make any type of trade, there is an opportunity that some them will profit by picking the most profitable trades to improve their ratings This could be a risk that shouldn’t be simply overlooked
- Profit.ly does not offer refunds as its premium users are expected to instantly benefit from the number of services that the platform can provide
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The Final Concluding Question The Final Verdict: Is Profit.ly Valued?
If we could think of an appropriate answer for this query, it would be yes. But you need to understand that the platform should not be used as a scheme to get rich quick. The platform was not always intended to be created to achieve this goal. Instead, you should have curiosity. Timothy Sykes Below Deck Instagram
What we are referring to”yes” is it is a fantastic learning tool. Those who may be stuck might find Profit.ly’s range of resources to be helpful as they do their best to incur lesser loss and perform better than before. Not only poor traders that can benefit from the platform. It is able to accommodate novices and even experts in the field!
So, if you genuinely want to become more successful in trading and would like to be taught by your mentors and peers throughout the process, then take a look at Profit.ly. Profit.ly could be a good alternative to start.
FAQ Timothy Sykes Below Deck Instagram
How do you use Profit.ly to make your trades public?
Profit.ly has a trade entry portion within the ‘My Trade section of the dashboard. It lets you post your trades, either verified or otherwise. You may choose between three options:
- Linking your account with your brokerage of choice and then importing transactions directly through there
- 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 buy your trade through a reliable brokerage, there is a high likelihood that it can be verified. This is shown by the blue check mark. If you submit it manually or through screenshots, it will automatically be assigned as unverified.
The downside of having an unverified trade is the possibility of receiving downvotes from friends and colleagues. If you receive too many negative votes, it could cause you to show up on the Madoff leaderboard, which is where the public can detect who’s being dishonest in posting trades.
Does the Profit.ly mobile application still available?
As of the moment, Profit.ly is still available to download via the Apple App Store as well as in the Google Play store. The mobile app version is compatible with the majority of functioning tablets and smartphones.
How many people are connected to 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 opportunities in the stock market all over the world.