The stock market can be an extremely risky game. Some days, you may be reaping the benefits of positive and satisfactory numbers. However, on other days, the opposite may happen and it can be extremely difficult to get back to where you were at your most productive. If you’re immersed in the water You will need to realize that relying on instinct and survival may not always be enough.
If you’ve suffered occasional losses You’ll need sound advice from tried-and-tested trading experts. Also, you’ll need an important boost from fellow traders from around the globe, which is why we’ve identified an option that can help you in your improvement within the field. In this review, we’ll take a look at Profit.ly, a well-recognized 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 Course Price
The User’s Experience 4.5/5
Profit.ly is an online trading platform that allows traders of different levels to be informed and accountable, as well as transparent and uplifting with one another through its wide variety of tools and features including trade verification, chat rooms and a rich library of educational material.
What exactly is Profit.ly?
Profit.ly is a trading website which serves as a learning and education platform for those who are just beginning their journey and as a hub for experienced traders to track their performance using the aid of advanced analytics tools. It provides users with a vast array of options for communication and trade, it helps traders from every field of business connect with each other. It gives the gurus worthwhile investments within the confines of the platform. Imagine it as the social media equivalent to Facebook and Reddit however it is geared towards professionals and traders.
Profit.ly independently validates trade performance and posts all the data of them in the manner of leaderboards. The platform for trading is built on honesty and transparency: it guarantees that the transactions are legitimate and will not allow for fraud as much as possible. It was founded in the past by penny stock trade expert and investment guru Timothy Sykes, along with fellow expert Michael Mosseri.
In an interview for Forbes publication, Sykes said that Profit.ly was motivated by its focus “on the transparency of the entire spectrum of trades, something which has never been done before.” The concept Sykes said served two goals: 1.) creating public track records for all traders, not just the gurus, but also the students and newsletter writers, and 2) making it possible for everyone on the platform to learn from both losses and wins to the benefit of the trading industry. Timothy Sykes Course Price
How Does It Perform?
Profit.ly is a subscription-based platform which allows stock traders to gain access to a multitude of services and features geared toward the success of their business. You can create an account on the site at no cost, however you’re only given access to the leaderboard and follow the activities of people who aren’t gurus. If you’re looking to invest your money and see which stocks the gurus are trading in real-time You’ll need to subscribe to any of Profit.ly’s deals, which we will review in the coming days.
Setting up an account is easy: create an account that includes your personal information and expertise, connect to your brokerage account and you’ll have an opportunity to make through the top of the leaderboard. Profit.ly’s leaders’ board feature as previously mentioned was designed to offer its users a look at the performance of the trading community as well as its experts. It’s not only a chance to prove value to a community of traders. You can also use Profit.ly to shop 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 divulging your brokerage account, you may decide to share your trades, either verified or otherwise, through photographs. In Profit.ly is the huge selection of trading classes, the ability to view the stats of a trader’s account as well as other ways to interact with your experts in the chatroom, along with 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 trading personality who has been famously known for his efforts in penny stock trading. According to Investopedia, a penny stock refers to a small company’s shares that trade for under $5 for each share. The trading of penny stocks could be viewed as an avenue for small-scale businesses to make the transition to a large marketplace as it allows them to access funds from the general public. But don’t make the mistake of thinking that it can also be an extremely risky game, as Sykes can surely tell because of his decades of experience.
Since his initial beginnings 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, he had been given greater exposure and an even wider influence over time when he was a part of the reality show “Wall Street Warriors.” He then made use of the show to create trading rooms, 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 transparency, and to allow the community to rise and compete against 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 as well as other useful information provided by the company’s internal gurus. These gurus refer to the trading experts who have proven to make significant amounts of profit through their years of expertise. Timothy Sykes Course Price
At its height, Profit.ly had housed up to five gurus, all of them a pro within their particular field in the field of trading. Some of the prominent experts were Connor Bruggermann, Nathan Michaud of Investors Underground, and Triforce, among a few others. At the time of writing only two gurus remain on this platform: the founder as well as penny-stock trader Tim Sykes and veteran smallcap swing trader Paul Scolardi, also known as Superman. When we take that into account Let’s look at the packaged offers each guru has to offer.
From Tim Sykes Tim Sykes: Tim’s Alerts
Sykes offers basic stock trading services that focuses on penny stock day trading through Tim’s Alerts. Costing $74.95 per month, you’ll be able to see him concentrate on the fundamental stock catalysts and use them to forecast the next possible moves in making trades.
A standalone purchase from Tim’s Alerts will get you access to the chatroom and the mobile app that’s available to iOS and Android devices, as well as email, text 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 for a month it is the perfect plan for those who are more involved in investing in penny stocks. Pennystocking Silver offers all the essential features that were included in the previous plan, such as swing trading alerts as well as unlimited access to an extensive library of more than 7,000 instructional videos that are updated each week.
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In “Superman” Paul Scolardi: Superman Alerts
Scolardi who is known under the name “Superman,” is a swing trading professional with an eye for both tiny-cap massive stocks as well as wildly accurate marketing forecasts. Through the years since he began as a trader, Superman has amassed over $5.5 million in all-time trading profits. Timothy Sykes Course Price
The Superman Alerts plan is his package of vital features and trading alerts geared toward those who may be interested. For $147/month, you’ll get access to the daily premarket stock watchlist and the mobile application, daily market commentary in real time, and email and SMS alerts.
From “Superman” Paul Scolardi: Superman Pro
For the price of $247, you receive additional features and access to a knowledgeable base provided by Superman himself via his Superman Pro package. In addition to the basic features included in the Alerts plan, Superman Pro gives you weekly video lessons, including the growing collection of the previous ones. Additionally you’ll also have the ability to access premium reports on research and an IPO and earnings tracker.
Profit.ly plans and costs
If you’re ready to join the online trading community and make a mark on the market, Profit.ly has the right amount of resources to help you going. The platform offers three membership tiers that cater to traders at different levels. Let’s break down what these three levels are and what they will 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 trading community. Once you have signed up for this plan you’ll be provided with a variety of powerful and vital trading tools, all of them integral in keeping your fingers on what we can describe as a cutthroat procedure in its own.
The list of features you can do using Profit.ly’s Novice program is the capability to check the results of your trades and track profit; leading, following and even chatting with other traders; and leaving feedback on today’s trades. You’re also allowed to get on leaderboards, analyze, sort, as well as filter trades and, finally, see other people’s statistics.
The Novice plan will cost $29.95 per month. Although it looks attractive simply because of the price but there’s a disadvantage. You aren’t able to create a personal profile, which makes your activities publicly available. If you’re looking to get access to this feature, stay tuned as we introduce to you Profit.ly’s new plan.
The Trader package allows users to benefit from a majority of features from the novice plan. It is in this plan that you are able to create an account that is private for sharing with fellow associate users all your knowledge and knowledge you gain from trader’s community.
Costing $49.95/month, Profit.ly’s Trader plan is exactly what it says: Cater people who want to develop their expertise in trading. As nice as it seems, there is one significant feature that is missing. In contrast to the Novice package, this one won’t be able to see the statistics of other traders this might be a drawback for those who are anticipating this level. Timothy Sykes Course Price
The Pro plan is the highest expensive plan Profit.ly could offer for seasoned traders. It costs $74.95 monthly, with an additional 22% discount for annual billing, this tier has everything. You get full, no-holds-barred access to all options of the previous plans.
You’re not only able to view other people’s stats, but you’re also given the opportunity to create a private profile. Both of these features, on top of all the advantages that you can utilize to the fullest potential. If you’re looking for an account that will give all the features you need to be trader with experience, the Pro plan is for you!
Profit.ly’s Other Services
Apart from the trainer tools and Leaderboards Profit.ly has a few additional services that it can provide. One of them is the online store, which lets users pick from a range of instructional videos that are designed to inform and provide guidance on the nuances and pitfalls of trading. The products listed on this page of the site can be purchased immediately for personal use. Among these products include best-sellers like”Trading Tickers,” the “Trading Tickers” series from trading specialist Tim Grittani, Timothy Sykes’s collection of DVDs and streaming-only content on penny stocking, short stocking, and all other related to trading, videos and scenes taken from events like the Annual Pennystocking Conference, and items from other experts in trading.
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Chat rooms integrated into Profit.ly are as well part of Profit.ly’s variety of services and features. You may be familiar with the concept of chat rooms since you can find it throughout messaging and social platforms, and also on a few specialty websites that offer live chat assistance. But in Profit.ly, it is seen as a place where gurus and their members can interact and learn in real time. Every guru has their own style in running their chat rooms and in dealing with the members there. One might be laid back and rarely engaged, while another could be more online and communicative to their pupils. Think of chat rooms like Profit.ly’s version of a forum, in the essence.
Who is the best trader to Profit.ly?
Profit.ly’s diverse range of products and features caters to an array of stock trader types, from novices to the most experienced. Given the wide range of options it has to offer it is certain to have something for every person.
Beginners, for instance, can take advantage of Profit.ly’s library of learning materials available across the platform. In addition, they will get daily videos and chat room tips by its internal gurus and their members. Additionally, they can select from the products from its online store for them to take wherever they may be. You can also get hands-on experience trading on the platform, however they’ll realize that this is a risky game that shouldn’t be treated as an opportunity to make fun of.
For traders who have many years of experience down the line, we believe Profit.ly equally suitable for them as it is for those who are just starting. Although the novices might not be as adept at dealing with trading issues but the experts already know the way it functions and the risky mix that come with it. Ideally, they may make use of Profit.ly’s variety of features to their best advantage to develop their trading abilities. Like novices, they can learn from the top experts as well as experts, and take advantage of simple tips and hints along the way.
Profit.ly’s ‘all-together’ nature doesn’t just apply to newbies or semi-experienced trader. Certified experts can also take part in the enjoyment! Those in the trading industry who are on similar levels to Superman and Tim Sykes can also use up Profit.ly’s capabilities to showcase their skills to others as a way to help guide them through the ever-illustrious trading process. Timothy Sykes Course Price
Profit.ly’s Pros and Cons
- Profit.ly’s diverse capabilities as a “one-stop’ stock trading platform enable it to provide traders everywhere with a wealth of education tools, communication, and trading tools
- You’ll be taught by experts and tips from the internal experts, which include collections of educational videos as well as real-time trading activities
- You can be sure of complete transparency through Profit.ly by using accurate data as well as other traders that are waiting to reach you out whenever something happens
- The leaderboard feature of the platform offers you a way to build your reputation as a reliable and authentic trader
- Apart from its main abilities, 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 wide array of subscription levels and guru packages are priced at reasonable prices – there truly is something for every person
- Profit.ly’s bountiful stream of packages and services offered could be too much for most of its users
- Since traders can choose to post any kind of trade, there’s an opportunity that some them may take advantage by picking the most profitable trades to improve their ratings – this may be a risk that shouldn’t be ignored.
- Profit.ly does not offer refunds, as the premium customers are expected to instantly benefit from the many features the platform is able to offer
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The Final Verdict The Final Verdict: Is Profit.ly Worth It?
If we could come up with an appropriate answer for this query, it would be a ‘yes’. However, you must realize that the platform should not be used as a scheme to get rich quick. The platform was not always intended to be created for this reason. Instead, you need to have curiosity. Timothy Sykes Course Price
What we are referring to”yes” is that it is a fantastic learning tool. For those who are struggling, they could be able to find Profit.ly’s variety of resources to be helpful in their efforts to reduce losses 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!
If you truly desire to be more successful in trading and would like to learn from your fellows and gurus on the way, look no further – Profit.ly may be a great option to begin.
FAQ Timothy Sykes Course Price
How do you use Profit.ly to publish your trades?
Profit.ly includes the option of allowing trade entries within the My Trade category on the dashboard that allows you to post your trades that are verified or otherwise. You may choose between three options:
- Linking your account with your broker of choice and import the trades from that directly
- Manually entering your trades into the spaces provided and details
- Take a photo of your trades
How can I tell whether the trade is authentic or not?
If you buy your trade from a trusted brokerage, there’s the probability that it’s verifiable. This is indicated with the small blue check. If you post it manually or through images, it will be classified as unverified.
The disadvantage of an unauthenticated trade is the risk of getting downvotes from your friends and colleagues. If you receive too many negative votes, it could result in you appearing at the top of the Madoff leaderboard, where people can see who’s untruthful in submitting trades.
Does the Profit.ly mobile app still available?
As of the moment, Profit.ly is still available to download via the Apple App Store as well as on the Google Play store. The mobile version of the app is compatible with the majority of operating tablets and smartphones.
How many are on Profit.ly?
Profit.ly currently houses more than 150,000 investors and traders as they not only are trying to maximize profits but also to help one another learn and improve in acquiring opportunities in the stock market left and right.