Stock trading is an extremely risky game. On certain days, you might have the benefit of positive and satisfying numbers. On other days, however it could be the reverse, and it may sometimes be extremely difficult to get back to where you were your best. If you are always in the mud, you will have to recognize that relying on your instincts and preserving might not be enough.
If you’ve experienced losses from time to time You’ll need reliable advice from tested and tried trading experts. Also, you’ll need an important boost from colleagues in the market from all over the world, which is why we’ve discovered a platform that can support you in your improvement in the industry. We’ll be taking an in-depth look at Profit.ly is a well-known 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 Coupon
Value: 4.1/5
Quality: 4.1/5
Costs: 4.1/5
Users Experience 4.5/5
Summary
Profit.ly offers an internet-based trading service that enables traders of different levels to be knowledgeable, transparent, accountable, and to build relationships with one another through its wide variety of tools and features including chat rooms, trade verification, and an enriched library of educational material.
What exactly is Profit.ly?
Profit.ly is a site for trading that functions as a learning and education platform for people who are starting out as well as a place for traders with experience to keep track of their performance with the help of advanced analytics tools. It provides users with a vast array of options for communication and trade and letting traders from all walks of life connect with each other. It also allows gurus to make worthy investments within the boundaries of this platform. Think of it as an online social media platform similar like Facebook and Reddit however it is geared towards traders and experts.
Profit.ly independently verifies trade performances and posts all the data from them in the style of leaderboards. The trading platform is built on transparency and honesty: it ensures that the trades are valid and won’t tolerate inauthenticity as much as possible. It was created years ago by the penny expert in stock trading and investment guru Timothy Sykes, along with fellow expert Michael Mosseri.
One time during his appearance in Forbes magazine Sykes declared that Profit.ly was motivated by its focus “on the transparency of all trades, something that has never been prior to.” The concept was, he said, serving two objectives: one) creating public track records for not just the gurus, but also the students and newsletter writers, and 2) giving anyone on the platform to learn from the losses and wins for the trading industry’s benefit. Timothy Sykes Coupon
How Does It Work?
Profit.ly follows a subscription-based model that allows stock traders to benefit from a variety of features and services aimed at achieving success. You may set up an account there at no cost, however you’re only given the capability to browse the leaderboard and observe the actions of non-gurus. If you’re ready to invest your money in order to find out what stocks the experts are trading in real-time it is necessary to join one of Profit.ly’s offers that we’ll go over shortly.
Making an account simple: Create an account with your experience and knowledge, then connect your brokerage account, and you’ll be given a chance to shoot through high on the leaderboard. Profit.ly’s leaderboard feature, as mentioned previously, is designed to give its users an insight into the performance of the trading community and its experts. It’s not only a chance to demonstrate value to a community of traders, as you are also able to use Profit.ly to purchase with a guru, and have the assurance that you’re comfortable of their knowledge and the legitimacy of their claims.
If you feel uneasy with the idea of sharing your brokerage account, then you could decide to share your trades, verified or not, by taking pictures. Also included in Profit.ly is the huge selection of courses in trading, the ability to view statistics on a person’s profile and other methods to interact with your experts in the chatroom, in addition to 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 has been famously known for his involvement in penny stock trading. According to Investopedia the term “penny stock” refers to a small company’s stock that trades for just less than 5 cents per share. Penny stock trading can be seen as an avenue for small-scale businesses to make the transition to a large marketplace as they can access funds from the general public. However, don’t get it wrong – it’s also a high-risk game, which Sykes is sure to reveal through his many years of expertise.
Beginning at the end of his time in the high schools, Tim Sykes has, since then, earned more than $6 million in profit through his lengthy career as a trader. When he was 25 years old Sykes was given greater exposure and an even wider influence over time when he was a part of the reality TV show “Wall Street Warriors.” He then used the opportunity to develop trading rooms, penny stock themes, and educational material aimed at those who are new to trading. He also played a role in establishing Profit.ly as a platform for transparency and for the community to uplift and compete through the platform.
The Profit.ly Gurus
One of Profit.ly’s amazing features is the variety of educational resources, trade alerts, and other useful stuff offered by the platform’s in-house gurus. Gurus are referred to the experts in trading who have proven to make substantial amounts of money through their years of experience. Timothy Sykes Coupon
At its height, Profit.ly had housed up to five gurus, all of them a pro within their particular field within the world of trading. Some of the most famous experts included Connor Bruggermann, Nathan Michaud of Investors Underground, and Triforce among others. As of this writing, 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. In light of that Let’s look at the packages each guru has to offer.
From Tim Sykes Tim Sykes: Tim’s Alerts
Sykes offers an essential stock trading service that focuses on penny stock day trading through Tim’s Alerts. Costing $74.95 per month, you’ll be able to be able to see him concentrate on the fundamental stock catalysts and use them to forecast the next moves that could occur when making trades.
A standalone purchase from Tim’s Alerts will get you access to the chatroom, as well as the mobile application that is available to 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, with an upgraded version of Tim’s Alerts program. Priced at $149.95 monthly, it is an ideal plan for those who are more invested in investing in penny stocks. Pennystocking Silver comes with all the standard features that were included in prior plans, which includes swing trading alerts and unlimited access to an extensive 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 goes under the alias “Superman,” is a professional in swing trading with an eye for both small-cap monumental stocks and crazy-accurate marketing forecasts. Through the years since he began as a trader, Superman has amassed over $5.5 million in total trading profits. Timothy Sykes Coupon
The Superman Alerts plan is his offering of essential features and trading alerts targeted to those interested. For $147/month, you’ll get access daily stock watchlist that is premarket along with the mobile app, daily market commentary shown in real-time, and E-mail and SMS alerts.
In “Superman” Paul Scolardi: Superman Pro
For $247 per month, you can enjoy additional features, plus access to the extensive knowledge base that is provided by Superman himself, via his Superman Pro package. In addition to the basic features featured in the Alerts package, Superman Pro gives you weekly video lessons, including the growing collection of the previous ones. On top of that you’ll also gain the ability to access premium reports on research as well as an IPO or earnings monitor.
Profit.ly plans and costs
If you’re looking to join the trading community on the internet and leave a mark in the industry, Profit.ly has the right amount of resources to help you up and running. Profit.ly offers three membership levels that cater to traders of different levels. Let’s take a look at what these three tiers are and how much they’ll cost you.
Novice Plan
The package called Novice is Profit.ly’s entry-level plan designed especially for those who are new to the world of trading. Once you have signed up for this package you’ll be given a slew of robust and vital trading tools, all of them integral in keeping your fingers on what we could call a ruthless process in and of itself.
Some of the features you can accomplish with Profit.ly’s Novice package is the ability to confirm trades and track profits; leading, following and even chatting with your fellow traders; and providing feedback on trades today. It also allows you to be on leaderboards, analyze your trades, sort and filter your trades and, finally, see other’s stats.
The Novice plan is $29.95 per month. While it may look attractive simply because of the price but there’s a disadvantage. You aren’t able to create a personal profile, which makes your actions public. If you do want to get an account with this option, keep an eye on us as we present to you Profit.ly’s next plan.
Trader Plan
The Trader package lets you to use many of the features of The Novice package. It is in this plan that you are able to create an individual profile that allows you to share with fellow associate users all the insights and knowledge you gain from this trading group.
The price is $49.95/month, Profit.ly’s Trader plan will do what the name implies catering people who want to harness their skills in trading. While it’s nice, there is one significant feature that is missing. Unlike the previous Novice package, this one won’t be able to view the statistics of other traders that could be a problem for those who are eager to try this new tier. Timothy Sykes Coupon
Pro Plan
The Pro plan is the highest luxurious package Profit.ly offers to experienced traders. It costs $74.95 each month and 22% off when billed annually, this tier has it all. You will have full, unrestricted access to all features of the prior plans.
In addition, you’ll be able to look at other people’s statistics and data, but you also have the opportunity to create your own private profile. Both of these options, plus the other advantages you’ll be able to use to the maximum extent. If you’re in search of an account that will give all the features you need to be an experienced trader, the Pro tier could be 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 provide. One of them is the online store, where customers can select from a variety of videos that are designed to educate and guide you through the nuances and pitfalls of trading. All of the products featured on this page of the site can be purchased immediately for personal use. These include best-selling products such as”Trading Tickers, “Trading Tickers” series by trader expert Tim Grittani, Timothy Sykes’s library of DVDs and streaming-only content on short stocking, penny stocking, and other related to trading, videos and footage of events like the Annual Pennystocking Conference, and items from other experts in trading.
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The chat rooms that are integrated are as well part of Profit.ly’s array of features and services. You’re probably familiar with the chat room since you will see it on social and messaging platforms, and also on a few specialty websites that provide live chat support. But on Profit.ly it’s seen as a real-time place where gurus and their member traders can communicate and learn in real time. Each guru has their style when it comes to running their chat room and dealing with the listed members there. Some may be laid back and not very often active, while another may be more interactive and online to their pupils. Consider chatrooms as Profit.ly’s version of a forum, in essence.
Who is the ideal trader to Profit.ly?
Profit.ly’s wide range of products and features cater to a large variety of stock trader types, from novices to experienced professionals. With the variety of deals it can provide this platform definitely has something for every person.
Newbies, for instance, will appreciate 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 its in-house gurus and members. Additionally, they can pick from the merchandise available in its online store that they can take 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 the process is a high-stakes game that should not be viewed as a joke.
For the traders with decades of experience in the road, we consider Profit.ly equally suited to people who are just beginning. While novice traders may not be as adept at handling trading matters but the experts already know how it works and the risky mix associated with it. In the ideal scenario, they can use Profit.ly’s range of options to their maximum advantage to develop their trading abilities. Like beginners, they can learn from the top experts and experts and utilize those short tips and tricks along the way.
Profit.ly’s ‘all-together’ nature doesn’t just apply to newbies and semi-experienced traders. Verified experts can also join in the fun! Trade professionals who are on an equal level with Superman or Tim Sykes can also use Profit.ly’s capabilities. Profit.ly’s abilities to show off their skills to others in order to assist them in the ever-changing trading process. Timothy Sykes Coupon
Profit.ly’s Pros and Pros and
The Pros
- Profit.ly’s diverse capabilities as a “one-stop” stock trading platform enable it to provide traders everywhere with an abundance of knowledge tools, communication, and trading tools
- You get to receive excellent training and insights from its inside experts, as well as libraries of educational videos and real-time trading activities
- You’re assured of transparency throughout Profit.ly by using accurate data as well as other traders ready to call you out if something occurs.
- The leaderboard feature on the platform gives you a way to build your reputation as a reliable and authentic trader
- Apart from its core features, Profit.ly also gives its customers additional options to meet their individual preferences, for instance, posting unverifiable trades through photographs
- Profit.ly’s wide array of subscription plans and guru packages are priced at affordable rates There’s something for every person
The Cons
- Profit.ly’s numerous packages and products offered may not be enough for a lot of its users
- As traders may opt to open any kind of trade, there’s a possibility that some of them may take advantage by selecting the best trades in order to improve their ratings This could be a problem that shouldn’t be simply overlooked
- Profit.ly does not offer refunds as the premium customers will immediately take advantage of the numerous features the platform is able to provide
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The Final Verdict: Is Profit.ly Valued?
If we were able to come up with the answer, it’s yes. But you need to understand that this platform shouldn’t be viewed as a get-rich-quick scheme. The platform wasn’t originally intended to be created in this way. Instead, you need to have an open mind. Timothy Sykes Coupon
What we mean”yes” is that it could be a useful learning tool. Those who may be stuck may discover Profit.ly’s range of resources useful in their efforts to reduce loss and perform better than they did before. Not only poor traders that can benefit from this platform. It will be able to accommodate beginners as well as even experts!
So, if you genuinely care about being better at trading and wish to be taught by your mentors and peers along the way, then you should look no further than Profit.ly. Profit.ly may be a great choice to start.
FAQ Timothy Sykes Coupon
How can you make use of Profit.ly to publish your trades?
Profit.ly has a trade entry portion within the My Trade’ category of the dashboard that lets you post your trades, verifiable or otherwise. You may choose between three options:
- Connecting your account to your broker of choice and import the trades from that directly
- Manually entering your trades into specified spaces and information.
- Take a photo of your trades
How can I tell whether the trade is authentic or not?
If you import your trade through a reliable brokerage, there is an excellent chance that it is verifiable. This is evident by the small blue check. If you post it in a manual way or by taking screenshots, it will automatically be assigned as unverified.
The drawback of posting an unverified trade is the risk of getting downvotes from your friends and colleagues. Too many downvotes may cause you to show up in the Madoff leaderboard, where people can detect who’s being dishonest in posting trades.
Is the Profit.ly mobile app still available?
As of this writing, Profit.ly is still available to download from the App Store for Apple and on the Google Play store. The mobile app version works with all operating tablets and smartphones.
How many are using Profit.ly?
Profit.ly currently houses more than 150,000 investors and traders because they are not just seeking to make the most profit but also help each other grow and learn more about acquiring stock market opportunities both right and left.
