Stock trading can be an exciting game with high stakes. Some days, you might enjoy the benefits of positive and satisfactory numbers. However, on other days it could be the reverse, and it may sometimes be extremely difficult to return to where you were at your peak. If you find yourself always in the mud, you will have be aware that relying solely on pure instinct and preservation might not be enough.
If you’ve experienced losses from time to time, you’re gonna be needing reliable advice from tested and tried trading experts. Additionally, you’ll require a significant boost from your trading partners from all over the globe, which is why we’ve discovered a platform that can support you to improve your performance in the industry. We’ll be taking the time to 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. Do check out our article below, however, because it has a comprehensive overview of Profit.ly.
Total Rating: 4.1/5 Timothy Sykes Broker 2021
Users Experience 4.5/5
Profit.ly can be described as an online platform for trading that allows traders of different levels to be informed and accountable, as well as transparent and encouraging each other through its broad array of tools and features like chat rooms, trade verification and a rich library of educational material.
What exactly is Profit.ly?
Profit.ly is a site for trading that serves both as a learning and training platform for those new to trading as well as a place for traders who are experienced to monitor their performance with the help of sophisticated analytics tools. It provides users with a vast range of resources for communication and trade, it helps traders from all walks of life network with one another. It gives the gurus worthwhile investments within the confines of the platform. Imagine it as a social media site akin like Facebook and Reddit however it is geared towards professionals and traders.
Profit.ly independently checks the performance of trades and then publishes the information of them in the manner of leaderboards. The platform’s trading model is based on transparency and honesty: it guarantees that the trades are authentic and won’t tolerate inauthenticity as much as possible. It was founded many years ago by penny stock trade expert and investment guru Timothy Sykes, along with the other expert Michael Mosseri.
One time , during an interview for Forbes publication, Sykes stated that Profit.ly was driven by its focus “on showing the entire spectrum of trades, something which was never prior to.” The idea, he added, served two purposes: 1) creating public track records for all traders, not just the gurus and students and newsletter writers as well as) making it possible for all users to be enlightened by the losses and wins for the trading industry’s benefit. Timothy Sykes Broker 2021
How Does It Perform?
Profit.ly follows a subscription-based model that lets stock traders have access to a range of services and features geared at achieving success. You can create an account on the site for free, but you’re only given the ability to navigate through the leaderboard and follow the activities of people who aren’t gurus. If you’re ready to invest your money to see which stocks the gurus are trading in real-time You’ll need to sign up to one of Profit.ly’s deals that we’ll go over shortly.
Making an account simple: Create a profile with your experiences and knowledge, then connect your brokerage account, and you’ll have the chance to climb your way up to high on the leaderboard. Profit.ly’s Leaderboard function, which was previously mentioned, is designed to give its users a look at how the community of traders performs as well as its experts. You’re not just allowed to demonstrate value to a group of traders. You can also use Profit.ly to purchase from a guru with the confidence that you are confident with their expertise and the veracity of their assertions.
If you feel uneasy with the concept of leaking your brokerage account, then you could opt to post your trades, either verified or not, by taking screenshots. Also included in Profit.ly is the huge selection of trading courses as well as the ability to look at statistics on a person’s profile and other methods to connect with your gurus in the chatroom, as well as notifications via email or text as well as updates.
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Meet 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 the term “penny stock” is a small business’s stock which trades at under $5 for each share. The trading of penny stocks could be viewed as a stepping stone for small companies to move to a large marketplace as it allows them to access funds from the public. However, don’t get it wrong – it’s also an extremely risky game, as Sykes will be able to tell you through his many years of experience.
Beginning in the latter years of high school, Tim Sykes has, since then, made more than $6 million in profit during his long and successful career as trader. At 25 years old Tim Sykes had received greater exposure and a larger influence over time as a participant in the reality series “Wall Street Warriors.” Then, he made use of the show to create trading rooms as well as penny stock themes and educational content geared toward those who are new to trading. He also played a role in establishing Profit.ly as a place for openness, and for the community to uplift and compete through the platform.
The Profit.ly Gurus
One of Profit.ly’s amazing features is the wide range of learning sources, trade alerts as well as other useful information provided by the platform’s in-house gurus. The gurus in question refer to the experts in trading who have proven to make substantial profits through their years of knowledge. Timothy Sykes Broker 2021
At its height, Profit.ly had housed up to five gurus. Each of them a pro in their niche in the trading industry. Some of the prominent gurus included Connor Bruggermann, Nathan Michaud of Investors Underground, and Triforce, among a few others. At the time of writing however, only two gurus remain on the platform: Founder of the penny stock market Tim Sykes and veteran smallcap swing trader Paul Scolardi, also known as Superman. In light of that, let’s take a look at the packaged offers each guru can offer.
From Tim Sykes Tim Sykes
Sykes offers an essential stock trading service with the main priority being penny-priced day trading with Tim’s Alerts. At $74.95 for a month you’ll see him focus on the fundamental catalysts for stocks and utilize them to forecast the next moves that could occur when making trades.
A purchase on its own 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; text, e-mail and push alerts; and a daily stock watchlist.
From Tim Sykes: The Pennystocking Silver Package
Pennystocking Silver is the premium version, with an upgraded version of Tim’s Alerts package. It costs $149.95 for a month it is an ideal plan for investors who are committed to the penny-stock market. Pennystocking Silver offers all the essential features of the previous plan, including alerts for swing trading and access to a rich collection of more than 7,000 educational videos that are updated 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 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 profits. Timothy Sykes Broker 2021
The Superman Alerts plan is his package of vital features and alerts on trading geared to those interested. For $147 per month, you’ll gain an access to the day-to-day premarket stock watchlist and the mobile application, daily market commentary in real-time, and email and SMS alerts.
The film “Superman” Paul Scolardi: Superman Pro
For the price of $247, you receive additional features and access to an extensive base of knowledge of information provided by Superman himself, via Superman Pro. Superman Pro package. Alongside the standard features that are included in the Alerts plan, Superman Pro gives you weekly video lessonsthat include the growing collection of previous lessons. In addition you’ll also gain access to premium research reports as well as an IPO and earnings tracker.
Profit.ly Programs and Costs
If you’re ready to join the online trading community and make a mark on the industry, Profit.ly has the right amount of resources to get you up and running. The platform has three membership levels that cater to traders at different levels. Let’s take a look at what these three levels are and what they’ll cost you.
The Novice package is Profit.ly’s entry-level plan designed especially for those who are just beginning their journey to the trading community. As you sign up for this plan you’ll be offered a range of strong and essential trading tools, each one of them essential in keeping your fingers on what could call a ruthless process in and of itself.
Among the list of things you can do with Profit.ly’s Novice package is the ability to verify the results of your trades and track profit; leading, following and even texting your fellow traders, as well as leaving feedback on today’s trades. You can also get on leaderboards, analyze the results of your analysis, sort, or filter the trades you make and, lastly, view other people’s statistics.
The Novice plan costs $29.95 per monthly payment. Although it looks attractive just by the price, there is a downside. It isn’t possible to create a private profile, thus making your activities publicly available. If you do want to have the benefit of this service, you should keep an eye on us as we present to you Profit.ly’s next strategy.
The Trader package allows you to use many of the features of the Novice plan. 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.
Costing $49.95/month, Profit.ly’s Trader plan does what the name suggests catering for those looking to improve their skills in trading. Although it’s a nice thing, there is one significant element that’s missing. In contrast to the Novice package, you won’t be able view other traders’ statistics, which could be a disadvantage for those eager to try this new tier. Timothy Sykes Broker 2021
The Professional plan can be described as the most premium package that Profit.ly offers to experienced traders. At $74.95 each month which includes an additional 22% discount for billing annually the Pro plan has it all. You get full, no-holds-barred access to all features of the prior plans.
Not only do you get to view other people’s stats, but you’re also given the opportunity to create an individual profile. These two features are plus the other benefits that you can use to the maximum extent. If you’re in search of a plan that can serve you everything you need as a skilled trader, maybe the Pro level is the right choice for you!
Profit.ly’s Other Services
Apart from the tools for training and leadersboards Profit.ly offers a number of additional services that it can offer. One of them is the online store, where customers can pick from a range of videos that are designed to educate and guide you through the nuances and pitfalls of trading. Each of the offerings listed in this section of the website can be bought immediately for your personal use. These include best-selling products such as”Trading Tickers, “Trading Tickers” series by trader specialist Tim Grittani, Timothy Sykes’s library of DVDs and streaming-only content on penny stocking, short stocking, and other aspects of trading. There are also clips and clips of the Annual Pennystocking Conference, and other products by expert traders.
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The integrated chat rooms are included in Profit.ly’s variety of services and features. You’re probably familiar with the concept of chat rooms since you can find it throughout messaging and social platforms, as well as some specialty websites that offer live chat assistance. But in Profit.ly the chat room is viewed as a real-time area where experts and members trade and share knowledge in real-time. Every guru has their own style in operating their chat room and dealing with the members. One of them may be more laid back and rarely active, while another may be more active and in touch to their pupils. Think of the chat rooms like Profit.ly’s version of a forum, in the essence.
Who is the best Trader for Profit.ly?
Profit.ly’s diverse range of products and features caters to the wide range of stock traders, ranging from beginners to experienced pros. Considering the number of offers it can provide, the platform surely has something for every person.
Newbies, for instance, will enjoy Profit.ly’s knowledge-based content offered throughout the platform. They will also be provided with videos every week and chat room advice from the in-house experts and members. They’ll also be able to choose from the items in its online store to carry with them wherever they may travel. Additionally, they can gain practical experiences from trading within the platform, but ultimately they’ll be able to realize that this is a risky game that shouldn’t be treated as a joke.
For traders who have many years of experience down the road, we consider Profit.ly as equally as suitable for them as it is for those who are just starting. While novice traders may not be as well-equipped with handling trading matters, the pros already understand how it works along with the risky mix associated with it. In the ideal scenario, they can make use of Profit.ly’s range of options to their maximum advantage to develop their skills in trading. Like beginners, they can study from the gurus and experts , and use those short tips and tricks along the way.
Profit.ly’s “all-in” approach doesn’t just apply to newbies or semi-experienced trader. Certified experts can also take part in the excitement! Those in the trading industry who are at similar levels to Superman as well as Tim Sykes can also use the power of Profit.ly’s capabilities to display their skill to others as a way to help navigate them through the ever-changing trading process. Timothy Sykes Broker 2021
Profit.ly’s Pros and Pros and
- Profit.ly’s many capabilities as a ‘one-stop’ platform for trading stocks allows traders across the globe with an abundance of knowledge communications, trading, and communication tools
- You’ll be provided with excellent lessons and insights from its in-house gurus, including collections of educational videos as well as real-time trading activities
- You’re assured of transparency throughout Profit.ly with precise analytics as well as other traders who are ready to reach you out if something occurs.
- The leaderboard feature on the platform gives you a way to build your credibility as a trustworthy and verifiable trader
- Apart from its core capabilities, Profit.ly also gives its customers additional options to meet their preferences, such as posting trades that are not authentic by taking screenshots
- Profit.ly’s wide array of packages and subscription levels are priced at reasonable prices There’s something for everyone
- Profit.ly’s abundance of packages and services offered could seem overwhelming for most of its users
- If traders decide to make any type of trade, there’s a possibility that some of them will profit by selecting the best trades in order to increase the rating – this may be a concern that should not be simply overlooked
- Profit.ly will not allow refunds as its premium users are expected to immediately benefit from the number of services the platform has to offer
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The Final Concluding Question is: Is Profit.ly Worth It?
If we could come up with an answer to this question, it would be yes. But you need to understand that this platform shouldn’t be viewed as a get-rich-quick scheme. The platform was not always meant to be designed to achieve this goal. Instead, it is best to keep curiosity. Timothy Sykes Broker 2021
What we are referring to by ‘yes’ is that it is a fantastic learning tool. For those who are struggling, they might discover Profit.ly’s array of resources to be helpful as they do their best to reduce loss and perform better than they did before. Not only poor traders that can benefit from this platform. It can accommodate beginners and even experts!
So, if you genuinely want to become better at trading and wish to learn from your fellows and gurus on the way, you should look no further than Profit.ly. Profit.ly may be a great option to begin.
FAQ Timothy Sykes Broker 2021
What are the best ways to use Profit.ly to post your trades?
Profit.ly offers a trade entry portion within the My Trade section of the dashboard which lets you post your trades, either verified or otherwise. You may choose between three choices:
- Connecting your account to your brokerage of choice and then importing trades directly from there
- Manually inputting your trades with provided spaces and specifics
- Upload a screenshot of your trades
What can I do to determine whether the trade can be verified or not?
If you import your trade from a reputable brokerage, there’s the probability that it’s verifiable. This is shown by the blue check mark. If you post it manually or through pictures, it will be assigned as unverified.
The downside of having an unauthenticated trade is the chance of receiving downvotes from friends and colleagues. A large number of downvotes could cause you to show up at the top of the Madoff leaderboard, which is where the public are able to identify who is dishonest in posting trades.
Does the Profit.ly mobile app still available?
As of the moment, Profit.ly is still available for download on the Apple App Store and the Google Play store. The mobile app version works with all functioning tablets and smartphones.
How many people are on Profit.ly?
Profit.ly is currently home to over 150,000 investors and traders, as they not only are 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.