The stock market can be an extremely risky game. On certain days, you may be reaping the benefits of pleasing and positive numbers. On other days you may experience the opposite, and it may sometimes be very difficult to return to where you were at your most productive. If you’re constantly stuck in the gutter it is important to realize that relying on instinct and survival might not be enough.
If you’ve been incurring losses from time to time and you’re likely to require solid advice from seasoned and tested trading experts. Also, you’ll need an important boost from fellow traders from around the globe, which is why we’ve identified a platform that can support you in your growth in the market. In this review, we’ll take a 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.
Overall Rating: 4.1/5 Timothy Sykes Best Books For Penny Stick Trading
Value: 4.1/5
Quality: 4.1/5
Costs: 4.1/5
User Experience: 4.5/5
Summary
Profit.ly offers an internet-based trading service that permits traders of different levels to be informed, transparent, accountable, and to build relationships with one another through its wide range of features and tools such as trade verification, chat rooms and a rich library of educational content.
What exactly is Profit.ly?
Profit.ly is a site for trading which serves as a learning and education platform for those new to trading and as a hub for traders with experience to keep track of their performance using the aid of sophisticated analytics tools. Offering users a broad variety of tools to facilitate trade and communication, it helps traders from all walks of life connect with each other. It offers gurus with an opportunity to invest in the right areas of this platform. Imagine it as the social media equivalent the likes of Facebook and Reddit but with a focus on 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 trust and transparency. it makes sure that trades are authentic and won’t allow for fraud as much as it is possible. It was created in the past by penny expert in stock trading and investment expert Timothy Sykes, along with fellow expert Michael Mosseri.
In an appearance in Forbes publication, Sykes said that Profit.ly was driven by its focus “on the transparency of the entire spectrum of trades, something which was never done before.” The concept was, he said, serving two purposes: 1) keeping track of public data for not just the gurus and students and newsletter writers and secondly) making it possible for anyone on the platform to be enlightened by the losses and wins for the trading industry’s benefit. Timothy Sykes Best Books For Penny Stick Trading
How Does It Perform?
Profit.ly utilizes a subscription model that allows stock traders to have access to a range of tools and services that are geared towards achieving achievement. You can create an account at no cost, however you’re only limited to having access to the leaderboard and follow the actions of non-gurus. If you’re ready to invest your money to see what stocks the experts are trading in real-time You’ll need to subscribe to any of Profit.ly’s offers that we’ll discuss in the near future.
Setting up an account is easy: create an account that includes your personal information and skills, join to your brokerage account and you have yourself a chance to shoot your way to the top of the leaderboard. Profit.ly’s leaderboard feature, as mentioned previously was designed to offer its users an insight into the performance of the trading community and its experts. You’re not just allowed to demonstrate your worth to a group of traders, as you can also use Profit.ly to shop with a guru, and have the assurance that you’re confident in their skills and the legitimacy of their claims.
If you are unsure about the idea of sharing information about your account with a brokerage, then you could opt to post your trades, whether verified or not, via screenshots. Also included in Profit.ly are a variety of trading courses as well as the ability to look at statistics on a person’s profile as well as other ways to interact with your experts via chatrooms in addition to notifications via email or text as well as updates.
> > Click Here to Check Out Profit.ly < <
Meet Tim Sykes, the founder: Tim Sykes
Timothy Sykes is a well-renowned day trader who is well-known for delving his hands into penny stock trading. According to Investopedia, a penny stock refers to a small company’s shares that trade for just less than 5 cents per share. The trading of penny stocks could be viewed as an avenue for small businesses to 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 is sure to reveal thanks to his years of experience.
Beginning in the latter years of high school, Tim Sykes has, since then, made over $6 million of profits during his long and successful career as trader. At the age of 25 Tim Sykes had received greater exposure and an even wider reach of influence as a participant in the reality series “Wall Street Warriors.” He then took advantage of it to establish trading rooms as well as penny stock themes as well as educational content targeted at those who are just beginning to learn about the trading field. He also helped to establish Profit.ly as a place of 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 wide range of educational tools, trade alerts and other useful stuff offered by the company’s internal gurus. The gurus in question refer to experts in the field of trading who have earned substantial profits from their collective years of experience. Timothy Sykes Best Books For Penny Stick Trading
At its peak, Profit.ly had housed up to five gurus. Each of them a professional within their particular field in the trading industry. Some of the prominent experts included Connor Bruggermann, Nathan Michaud of Investors Underground, and Triforce, among a few others. As of this writing, only two gurus remain on this platform: 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 what packaged deals each guru offers.
From Tim Sykes: Tim’s Alerts
Sykes offers basic stock trading services with the main priority being penny stock day trading through Tim’s Alerts. The cost is $74.95 monthly, you will be able to see him concentrate on the fundamental stock catalysts and use them to predict the next moves that could occur when trading.
A purchase on its own from Tim’s Alerts will get you access to the chatroom, as well as the mobile app available for iOS and Android devices; email, text and push alerts and a daily stock watchlist.
Tim Sykes: From Tim Sykes: The Pennystocking Silver Package
Pennystocking Silver is the most premium version, with an upgraded version of Tim’s Alerts program. Priced at $149.95 per month, this is a great option for investors who are involved in penny stock trading. Pennystocking Silver includes all the basic features of earlier plans which includes swing trading alerts as well as unlimited access to a rich collection of more than 7,000 educational videos and new videos released weekly.
> > Click Here to Check Out Profit.ly < <
From “Superman” Paul Scolardi: Superman Alerts
Scolardi who is known under the name “Superman,” is a swing trading professional with an eye for both massive stocks of the small-cap size and insanely accurate marketing forecasts. Through the years since when he first started trading, Superman has amassed over $5.5 million in total trading earnings. Timothy Sykes Best Books For Penny Stick Trading
The Superman Alerts plan is his offer of the most essential features and trading alerts targeted toward those who may be interested. For $147/month, you’ll get access daily premarket stock watchlist along with the mobile app, the daily market commentary shown in real time, and email and SMS alerts.
In “Superman” Paul Scolardi: Superman Pro
For $247 per month, you can enjoy additional features and access to a knowledgeable base of information provided by Superman himself through Superman Pro. Superman Pro package. On top of the essentials included in the Alerts plan, Superman Pro gives you weekly video lessonsthat include the growing collection of previous lessons. In addition you’ll also have the ability to access premium reports on research as well as an IPO or earnings monitor.
Profit.ly plans and costs
If you’re eager to join the world of online trading and leave your mark on the field, Profit.ly has the right amount of resources to help you going. The platform has three membership levels, each designed for traders of different levels. Let’s break down what these three are and how much they will cost you.
Novice Plan
The package called Novice is Profit.ly’s beginning-of-the-line plan specifically for people who are brand new to the trading world. Once you have signed up for this package, you will be immediately provided with a variety of powerful and essential trading tools, all of which is essential to keep your fingers on what we can describe as a cutthroat process by itself.
Among the list of things you can do using Profit.ly’s Novice program is the capability to check trades and track profits and follow-up, leading and even chatting with your fellow traders; and giving feedback on the trades of today. You can also get on leaderboards, analyze, sort, and filter your trades and lastly, look at other people’s statistics.
The Novice plan costs $29.95 per monthly payment. Although it looks attractive for the price alone but there’s a disadvantage. You can’t create a private account, making your activities publicly available. If you do want to get access to this feature, stay tuned as we introduce to you Profit.ly’s next plan.
Trader Plan
The Trader package allows you to use the majority of features available in the Novice plan. In this plan, that you can create a private profile to share with other associate users all your knowledge and knowledge you gain from trader’s community.
The price is $49.95/month, Profit.ly’s Trader plan does what the name suggests: Cater to those who desire to harness their skills in trading. While it’s nice however, there’s a crucial element that’s missing. In contrast to the Novice package, you won’t be able to view the statistics of other traders this could be a problem for some who may be looking forward to this tier. Timothy Sykes Best Books For Penny Stick Trading
Pro Plan
The Professional plan can be described as the highest expensive plan Profit.ly can offer to experienced traders. It costs $74.95 per month, which includes 22% off when billed annually the Pro plan has it all. You get full, no-holds-barred access to all the 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. Both of these options, in addition to the benefits that you can 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 level is ideal for you!
Profit.ly’s Other Services
Apart from the tools for training and leadersboards Profit.ly has a few other services they offer. One of these is its online store, where customers can select from a variety of instructional videos that are that are designed to educate and provide guidance on the ins and outs of trading. All of the products featured on this page of the website is available to be purchased immediately for personal use. Among these products include best-sellers like the “Trading Tickers” series from trading professional Tim Grittani, Timothy Sykes’s collection of DVDs, streaming-only content related to short stocking, penny stocking, and other aspects of trading. There are also clips and clips from The Annual Pennystocking Conference, and products from other expert traders.
> > Click Here to Check Out Profit.ly < <
The integrated chat rooms are also part of Profit.ly’s variety of features and services. You may be familiar with the concept of the chat room as you can find it throughout social and messaging platforms in addition to a few special websites that provide live chat assistance. However, in Profit.ly it’s seen as a hands-on place where gurus and their member traders can communicate and learn in real time. Every guru has their own way in running their chat rooms and dealing with the members there. One of them may be a laid-back person who is not very often engaged, while another could be more online and communicative with their students. Consider chatrooms as Profit.ly’s version of the forum, in essence.
Who is the ideal trader to Profit.ly?
Profit.ly’s diverse range of products and features are geared towards the wide range of stock trader types, from novices to experienced professionals. Considering the number of offers it can provide this platform definitely has something for all.
Beginners, for instance, will appreciate Profit.ly’s collection of educational materials available across the platform. In addition, they will be enriched with weekly videos and chat room advice by its internal gurus as well as their members. Additionally, they can choose from the items on its store online to carry with them wherever they be. Additionally, they can gain practical experience trading on the platform, however they’ll realize that this is a high stakes game that shouldn’t be treated as an opportunity to make fun of.
For the traders with many years of experience down the line, we believe Profit.ly as equally as suitable for them as it is for the newcomers. Although the novices might not be as well-equipped with handling trading matters, the pros already understand how it works along with the risky mix that it carries. In the ideal scenario, they can utilize Profit.ly’s variety of features to their full advantage to enhance their skills in trading. As beginners, they are able to learn from the experts as well as experts, and take advantage of quick tips and tidbits to help them along.
Profit.ly’s “all-inclusive” nature isn’t limited to novices as well as semi-seasoned traders. Experts who have been verified can also participate in the excitement! Those in the trading industry who are at an equal level with Superman and Tim Sykes can also use the power of Profit.ly’s capabilities to showcase their skill to others as a way to guide them through the ever-illustrious trading process. Timothy Sykes Best Books For Penny Stick Trading
Profit.ly’s Pros and Cons
The Pros
- Profit.ly’s diverse capabilities as a “one-stop’ platform for trading stocks allows traders from all over the world with a wealth of education tools, communication, and trading tools
- You’ll be taught by experts and insights from its internal experts, which include libraries of educational videos and live trading activity.
- You’re guaranteed transparency throughout Profit.ly by using accurate data as well as fellow traders who are ready to reach you when something goes wrong.
- The leaderboard feature of the platform offers you a way to build your credibility as a trustworthy and authentic trader
- Apart from its main capabilities, Profit.ly also gives its users extra options to suit their needs, like posting trades that are not authentic by taking images
- Profit.ly’s diverse range of subscription plans and guru packages are priced at reasonable prices – there truly is something for all
The Cons
- Profit.ly’s numerous products and packages offered might not be enough for most of its customers
- As traders may opt to post any kind of trade, there’s the possibility that some of them may take advantage by cherry-picking the best trades to increase the rating this could be a problem that shouldn’t be ignored.
- Profit.ly does not accept refunds, as the premium customers are expected to immediately benefit from the number of services that the platform can offer
> > Click Here to Check Out Profit.ly < <
The Final Concluding Question is: Is Profit.ly Worth It?
If we were able to come up with an appropriate answer for this query, it would be an affirmative “yes”. But it is important to realize that the platform should not be used as a quick-fix scheme to make money. It wasn’t meant to be designed in this way. Instead, you should have an open mind. Timothy Sykes Best Books For Penny Stick Trading
What we are referring to by ‘yes’ is that it is a fantastic learning tool. Those who may be stuck might find Profit.ly’s array of resources useful when they try their best to reduce losses and perform better than they did before. It’s not just the poor traders that can benefit from the platform. It can accommodate beginners and even experts!
If you really desire to be better at trading and wish to be taught by your peers and experts throughout the process, then look no further – Profit.ly may be a great option to begin.
FAQ Timothy Sykes Best Books For Penny Stick Trading
What are the best ways to use Profit.ly to publish your trades?
Profit.ly has an entry section for trades in the “My Trade’ category of the dashboard that lets you record your trades, either verified or otherwise. There are three choices:
- Linking your account to the broker of choice and import trades directly from there
- Manually entering your trades into specified spaces and information.
- Send a screen shot of your transactions
How can I tell whether the trade can be verified or not?
If you buy your trade from a reputable brokerage, there is an excellent chance that it is verifiable. This is indicated with the small blue check. If you submit it manually or through images, it will be classified as unverified.
The drawback of posting an unauthentic trade is the risk of receiving downvotes from fellow peers. A large number of downvotes could cause you to be listed on the Madoff leaderboard, where users can see who’s untruthful in submitting trades.
Are the Profit.ly mobile application still available?
At the time of writing, Profit.ly is still available to download from 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 currently using Profit.ly?
Profit.ly currently houses more than 150,000 investors and traders because they are not just looking to earn maximum profits but also to help one another develop and grow in their ability to take advantage of stock market opportunities both right and left.
