Stock trading is an exciting game with high stakes. Some days, you may have the benefit of positive and satisfying numbers. On other days it could be the reverse and it could be very difficult to get back to where you were your best. If you’re always in the mud You will need to realize that relying on your instincts and preserving may not always be enough.
If you’ve suffered loss from time to time, you’re gonna be needing sound advice from tried-and-tested trading experts. Additionally, you’ll require an important boost from fellow traders from around the globe. That’s why we’ve found an option that can help you in your improvement within the field. In this review, we’ll take an in-depth look at Profit.ly A well-respected 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.
Overall Rating: 4.1/5 Timothy Sykes Beyond Belief Pdf
Users Experience 4.5/5
Profit.ly offers an internet-based trading service that permits traders of different levels to be knowledgeable and accountable, as well as transparent and to build relationships with each other through its broad variety of tools and features like trade verification, chat rooms, and an enriched library of educational content.
How do I define Profit.ly?
Profit.ly is a trading website that serves both as a training and learning platform for those new to trading and as a hub for traders who are experienced to monitor their performance through the use of cutting-edge analytics tools. Offering users a broad range of resources for communication and trade, it helps traders from all walks of life connect with one another. It gives the gurus worthwhile investments within the confines of the platform. Think of it as the social media equivalent to Facebook and Reddit however it is geared towards 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 honesty and transparency: it ensures that the transactions are legitimate and will not allow for fraud as much as possible. It was created many years ago by penny stock trade expert and investment expert Timothy Sykes, along with fellow expert Michael Mosseri.
In an appearance in Forbes magazine, Sykes said that Profit.ly was motivated by its focus “on the transparency of every trade, something that has never been previously done.” The idea was, he said, serving two objectives: one) making public records for not just the gurus, but also the students and newsletter writers and secondly) making it possible for all users to learn from both losses and wins to the benefit of the trading industry. Timothy Sykes Beyond Belief Pdf
How Does It Work?
Profit.ly is a subscription-based platform that lets stock traders benefit from a variety of features and services aimed toward the success of their business. It is possible to create an account there for free, but you’re limited to the capability to browse the leaderboard and follow the activities of people who aren’t 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 deals that we’ll go over shortly.
Making an account simple: Create a profile with your experiences and skills, join to your brokerage account, and you have yourself a chance to shoot your way up to the top of the leaderboard. Profit.ly’s leaders’ board feature as mentioned previously was designed to offer its users a look at how the community of traders performs and its gurus. You’re not just allowed to show value to a large group of traders, but you can also utilize Profit.ly to shop with a guru, and have the assurance that you’re confident of their knowledge and the credibility of their claims.
If you feel uneasy with the idea of divulging the details of your broker account you may opt to post your trades, verified or otherwise, through screenshots. In Profit.ly is the huge selection of trading courses and the capability to see stats in a trader’s profile, and more ways to connect with your gurus in the chatroom, in addition to notifications via email or text as well as updates.
Meet Tim Sykes, the founder: Tim Sykes
Timothy Sykes is a well-renowned day trading personality who is famously known for his efforts in trades in penny stocks. According to Investopedia Penny stock refers to a small company’s shares that trade for under $5 for each share. The trading of penny stocks can be seen as an opportunity for small-scale businesses to make the transition into a larger market because it gives them access to funds from the general public. However, don’t get it wrong – it’s also a high-risk game, which Sykes is sure to reveal because of his decades of expertise.
From his beginnings in the latter years of high school, Tim Sykes has, since then, earned over $6 million of earnings throughout his illustrious career as trader. At 25 years old, he had been given greater exposure and an even wider reach of influence as a participant in the reality show “Wall Street Warriors.” Then, he made use of the show to develop trading rooms and penny stock themes as well as educational content targeted at those who are new to trading. He also played a role in establishing Profit.ly as a place of transparency and to allow the community to rise and compete through the platform.
The Profit.ly Gurus
One of Profit.ly’s amazing features is the wide range of education tools, trade alerts and other helpful stuff provided by the platform’s in-house gurus. These gurus refer to the trading experts who have proven to make substantial profits from their collective years of expertise. Timothy Sykes Beyond Belief Pdf
At its height, Profit.ly had housed up to five gurus, all of them a pro in their niche within the world of trading. Some of the most famous gurus included Connor Bruggermann, Nathan Michaud of Investors Underground, and Triforce among 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. When we take that into account we’ll take a look at the packaged offers each guru offers.
From Tim Sykes: Tim’s Alerts
Sykes offers an essential stock trading service with the main priority being penny-priced day trading with Tim’s Alerts. At $74.95 per month, you will observe him focus on fundamental catalysts for stocks and utilize them to anticipate the next move that is possible 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 for iOS and Android devices, texts, emails, and push alerts; as well as a daily watchlist of stocks.
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 for a month this is an ideal plan for investors who are involved in investing in penny stocks. Pennystocking Silver offers all the essential features of earlier plans such as swing trading alerts and unlimited access to a rich library of over 7,000 educational videos and new videos released weekly.
The following video is from “Superman” Paul Scolardi: Superman Alerts
Scolardi, who goes by the name “Superman,” is a swing trading professional with an eye for massive stocks of the small-cap size and insanely accurate marketing forecasts. Since he began as a trader, Superman has amassed over $5.5 million in trading earnings. Timothy Sykes Beyond Belief Pdf
The Superman Alerts plan is an package of vital features and trading alerts geared towards those who might be interested. For just $147 per month, you’ll have access daily premarket stock watchlist along with the mobile app, the daily market updates in real time, and E-mail and SMS alerts.
In “Superman” Paul Scolardi: Superman Pro
At $247/month, you get additional features, as well as access to the extensive knowledge base that is 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 the growing collection of previous lessons. Additionally, you’ll also get 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 world of online trading and leave your mark on the field, Profit.ly has the right amount of resources to get you up and running. Profit.ly offers three membership levels that cater to traders with different levels. Let’s look at what the three are and how much they will cost you.
The package called Novice is Profit.ly’s entry-level plan designed especially 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 indispensable trading tools, each of which is essential to keep your hands on what we can describe as a cutthroat process in and of itself.
The list of features you can do with Profit.ly’s Novice package is the capability to check the results of your trades and track profit and follow-up, leading, and even messaging your fellow traders, as well as providing feedback on trades today. You’re also allowed to get onto leaderboards; study the results of your analysis, sort, and filter your trades; and lastly, look at other’s stats.
The Novice plan costs $29.95 per month. Although it looks attractive for the price alone however, there’s a drawback. You can’t create a private account, making your actions public. If you do want to gain an account with this option, be watching for us to introduce to you Profit.ly’s new plan.
The Trader package lets you to use a majority of features from the Novice plan. In this plan, that you can create a private profile to share with fellow associate users all the insights and knowledge you gain from the trading community.
Priced at $49.95/month, Profit.ly’s Trader plan will do what the name implies caters for those looking to harness their skills in trading. Although it’s a nice thing, there is one significant element that’s missing. Unlike the previous Novice package, you will not be able to view the statistics of other traders this could be a disadvantage for those who are eager to try this new tier. Timothy Sykes Beyond Belief Pdf
The Pro plan is the highest expensive plan Profit.ly offers to experienced traders. With $74.95 per month, and 22% off when billed annually the Pro plan has everything. You get full, no-holds-barred access to all features of the previous plans.
Not only do you get to look at other people’s statistics, but you’re also given the option of creating your own private profile. Both of these options, in addition to the advantages that you can utilize to the fullest potential. If you’re in search of an account that will give you everything you need as a skilled trader, maybe the Pro level is for you!
Profit.ly’s Other Services
In addition to the training tools and the Leaderboards Profit.ly provides a variety of more services it has to offer. One of these is its online store, where customers can pick from a range of instructional videos that are that are designed to educate and provide guidance on the nuances and pitfalls of trading. The products listed in this section of the site can be immediately purchased for personal use. Among these products include best-sellers like the “Trading Tickers” series by trader expert Tim Grittani, Timothy Sykes’s collection of DVDs and streaming-only content related to penny stocking, short stocking, and other aspects of trading. There are also clips and scenes of the Annual Pennystocking Conference, and products from other expert traders.
The integrated chat rooms are also part of Profit.ly’s range of services and features. You are probably familiar with chat rooms since you can see it across messaging and social platforms, as well as some specialty websites that provide live chat support. However, in Profit.ly the chat room is viewed as a hands-on area where experts and member traders can communicate and learn in real time. Each guru has their style when it comes to running their chat room and in dealing with the members. One might be a laid-back person who is not very often active, while another might be more active and in touch to their pupils. Think of chatrooms as Profit.ly’s version of the forum in its essence.
Who is the Ideal trader to Profit.ly?
Profit.ly’s diverse range of products and features caters to an array of stock trader types, from beginners to experienced pros. Considering the number of offers it offers it is certain to have something for every person.
Newbies, for instance, will enjoy Profit.ly’s library of learning information available on 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 from its online store for them to take wherever they be. Additionally, they can gain practical experiences from trading within the platform, however they’ll be able to realize that trading is a high stakes game that shouldn’t be taken as an opportunity to make fun of.
For the traders with many years of experience down the line, we see Profit.ly as equally as suitable to people who are just beginning. Although the novices might not be as proficient in handling trading matters but the experts already know the way it functions and the risky mix that come with it. In the ideal scenario, they can use Profit.ly’s range of features to their full advantage to enhance their skills in trading. As beginners, they are able to learn from the top experts and experts and utilize those simple tips and hints to help them along.
Profit.ly’s “all-in” approach does not only apply to beginners and semi-experienced traders. Certified experts can also take part in the fun! Trade professionals who are at an equal level with Superman as well as Tim Sykes can also use up Profit.ly’s capabilities to display their skill to others as a way to assist them in the ever-changing trading process. Timothy Sykes Beyond Belief Pdf
Profit.ly’s Pros and Pros and
- Profit.ly’s numerous capabilities as a “one-stop” platform for trading stocks allows traders from all over the world with an abundance of knowledge tools, communication, and trading tools
- You’ll be provided with excellent lessons and advice from the company’s 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 by using accurate data and fellow traders ready to call you out if something occurs.
- The leaderboard feature of the platform offers 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 images
- Profit.ly’s wide array of packages and subscription levels are priced at affordable rates There is truly something for all
- Profit.ly’s bountiful stream of packages and products offered may be too much for most of its users
- As traders may opt to make any type of trade, there is an opportunity that some them could profit from cherry-picking the best trades to boost their rating – this may be a risk that shouldn’t be simply overlooked
- Profit.ly will not allow refunds, as its premium users will immediately take advantage of the numerous features the platform is able to offer
The Final Verdict is: Is Profit.ly Worth It?
If we could think of the answer, it would be yes. But it is important to realize that it shouldn’t be treated as a scheme to get rich quick. It wasn’t designed to be used to achieve this goal. Instead, you need to have curiosity. Timothy Sykes Beyond Belief Pdf
What we mean”yes” is that it could be a useful learning tool. Those who may be stuck may discover Profit.ly’s array of resources useful as they do their best to avoid losses and be more successful than before. It’s not only the struggling traders that will profit from the platform. It will be able to accommodate beginners as well as even experts in the field!
If you truly care about being more successful in trading and would like to be taught by your mentors and peers on the way, you should look no further than Profit.ly. Profit.ly is a fantastic option to begin.
FAQ Timothy Sykes Beyond Belief Pdf
What are the best ways to use Profit.ly to make your trades public?
Profit.ly has the option of allowing trade entries under the My Trade section of the dashboard that allows you to post your trades, verifiable 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 if the trade is verifiable or not?
If you purchase your trade through a reliable brokerage, there is an excellent likelihood that it can be verified. This is indicated with the small blue check. If you submit it in a manual way or by taking images, it will be classified as unverified.
The disadvantage of an unauthenticated trade is the risk of getting downvotes from your friends and colleagues. Too many downvotes may cause you to show up on the Madoff leaderboard, which is where the public can see who’s fraudulent in posting trades.
Are the Profit.ly mobile application still available?
As of the moment, 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 the majority of functioning tablets and smartphones.
How many people are currently connected to Profit.ly?
Profit.ly currently houses over 150,000 investors and traders, since they’re not just seeking to make the most profit but also to help one another grow and learn more about acquiring opportunities on the stock market all over the world.