Timothy Sykes Daytrading Award For The Talented

profitly-review

The stock market can be an exciting game with high stakes. On certain days, you could enjoy the benefits of positive and satisfying numbers. However, on other days you may experience the opposite and it can be extremely difficult to return to where you were your most productive. If you are constantly stuck in the gutter You will need to realize that relying on your instincts and preserving is not always enough.

If you’ve suffered losses from time to time You’ll need sound advice from tried-and-tested trading experts. Also, you’ll need an enormous boost from your fellow traders from around the world, which is why we’ve discovered an option that can help you in your growth within the field. In this review, we’ll be taking an in-depth look at Profit.ly A well-respected all-in-one social platform for trading!

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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 Daytrading Award For The Talented

Value: 4.1/5

Quality: 4.1/5

Costs: 4.1/5

The User’s Experience 4.5/5

Summary

Profit.ly can be described as an online platform for trading that allows traders of all levels to be knowledgeable responsible, transparent, and uplifting with each other through its broad range of features and tools like chat rooms, trade verification as well as an extensive library of educational material.

What is Profit.ly?

Profit.ly is a trading site that functions as a training and learning platform for people new to trading as well as a place for traders with experience to keep track of their performance using the aid of cutting-edge analytics tools. Providing users with a wide range of resources to facilitate trade and communication, it helps traders from every field of business connect with one another. It also allows gurus to make worthy investments within the boundaries of the platform. Consider it an online social media platform similar to Facebook and Reddit, but for traders and experts.

Profit.ly independently checks the performance of trades and then publishes the information of them in the manner of leaderboards. The platform for trading is built on transparency and honesty: it makes sure that trades are authentic and won’t allow for fraud as much as possible. It was created in the past by penny expert in stock trading and investment guru Timothy Sykes, along with fellow expert Michael Mosseri.

One time , during an interview with Forbes publication, Sykes declared that Profit.ly was motivated by its focus “on showing every trade, something that has never been done before.” This idea, he added, served two goals: 1.) creating public track records for everyone, not just the experts as well as newsletter authors and students and secondly) making it possible for all users to learn from both the wins and losses for the trading industry’s benefit. Timothy Sykes Daytrading Award For The Talented

How Does It How Does It

Profit.ly follows a subscription-based model that allows stock traders to have access to a range of tools and services that are geared toward success. You may set up an account there for free, but you’re limited to the capability to browse the leaderboards and monitor the actions of non-gurus. If you’re looking to invest your money and see which stocks the gurus are trading in real-time You’ll need to sign up to one of Profit.ly’s deals, which we will go over shortly.

Setting up an account is simple: Create a profile with your experiences and knowledge, then connect to your brokerage account, and you’ll have the chance to climb your way to at the very top of the list. Profit.ly’s leaders’ board feature as mentioned previously was designed to offer its users an insight into how the community of traders performs as well as its experts. You’re not just allowed to show your worth to a community of traders, but you are also able to use Profit.ly to shop from a guru with the confidence that you are confident with their expertise and the legitimacy of their assertions.

If you’re not comfortable with the concept of leaking your brokerage account, you can opt to post your trades, whether verified or not, by taking screenshots. 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, along with email and text alerts as well as updates.

Timothy Sykes Daytrading Award For The Talented

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Meet the Founder: Tim Sykes

Timothy Sykes is a well-renowned day trading guru who is famously known for his efforts in penny stock trading. According to Investopedia Penny stock refers to a small-sized company’s stock which trades at just less than 5 cents per share. The penny stock market can be seen as an opportunity for small-scale businesses to make the transition to a market that is larger as they can access funds from the public. But don’t be mistaken – it’s also a high-risk game, which Sykes is sure to reveal through his many years of expertise.

From his beginnings in the latter years of high school, Tim Sykes has, since then, made an estimated $6 million earnings during his long and successful career as trader. At the age of 25, he had been given greater exposure and a larger reach of influence when he became part of the reality series “Wall Street Warriors.” He then used the opportunity to establish trading rooms, penny stock themes, and educational material aimed at people who are brand new to trading. He also helped to establish Profit.ly as a platform for transparency and to allow the community to rise and compete through the platform.

The Profit.ly Gurus

One of Profit.ly’s sweet inclusions is the vast array of learning tools, trade alerts as well as other useful information provided by the in-house experts of the platform. The gurus in question refer to the trading experts who have made significant amounts of profit from their combined years of knowledge. Timothy Sykes Daytrading Award For The Talented

At its peak, Profit.ly had housed up to five gurus. Each of them an expert in their field of expertise in the field of trading. Some of the prominent experts included 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: Founder of the penny stock market Tim Sykes and veteran smallcap swing trader Paul Scolardi, also known as Superman. With that taken into consideration Let’s look at the packaged offers each guru has to offer.

From Tim Sykes Tim Sykes

Sykes offers a basic stock trading service with the main priority being penny-stock day trading via Tim’s Alerts. Costing $74.95 monthly, you will see him focus on the basic stock catalysts and employ them to anticipate the next move that is possible when trading.

A purchase on its own from Tim’s Alerts will get you access to the chatroom as well as the mobile application that is available for iOS as well as 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 that has been upgraded of the Tim’s Alerts program. At $149.95 monthly, this is a great option for those who are committed to the penny-stock market. Pennystocking Silver comes with all the standard features that were included in earlier plans including swing trading alerts as well as unlimited access to an extensive library of over 7,000 educational videos and new videos released weekly.

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From “Superman” Paul Scolardi: Superman Alerts

Scolardi, who goes by the name “Superman,” is a professional in swing trading with an eye for both small-cap monumental stocks and crazy-accurate marketing forecasts. In the time since when he first started trading, Superman has amassed over $5.5 million in total trading profits. Timothy Sykes Daytrading Award For The Talented

The Superman Alerts plan is his package of vital features and trading alerts geared toward those who may be interested. For $147 per month, you’ll gain an access to the day-to-day premarket stock watchlist along with the mobile app, the daily market updates in real-time, as well as SMS and e-mail alerts.

The film “Superman” Paul Scolardi: Superman Pro

For $247 per month, you can enjoy additional features and access to the extensive knowledge base of information provided by Superman himself via the Superman Pro package. In addition to the basic features included in the Alerts plan, Superman Pro gives you weekly video lessons, including an ever-growing library of the previous ones. Additionally, you’ll also get the ability to access premium reports on research as well as the IPO and earnings tracker.

Profit.ly plans and costs

If you’re looking to join the trading community on the internet and make a mark on the industry, Profit.ly has the right amount of resources to help you going. Profit.ly offers three membership levels, each designed for traders at different levels. Let’s look at what the three are and how much they will cost you.

Novice Plan

The Novice package is Profit.ly’s entry-level plan designed especially for people who are brand new to the trading world. As you sign up for this package you’ll be provided with a variety of powerful and essential trading tools, each of them integral in keeping your hands on what we call a competitive process by itself.

The list of features you can do with Profit.ly’s Novice program is the capability to check trades and track profits and follow-up, leading and even texting other traders; and providing feedback on trades today. It also allows you to be on leaderboards, analyze, sort, and filter your trades; and lastly, look at other people’s statistics.

The Novice plan will cost $29.95 per month. While it may look attractive just by the price, there is a downside. You can’t create a private account, making your actions public. If you’re looking to have the benefit of this service, you should be watching for us to introduce to you Profit.ly’s next plan.

Trader Plan

The Trader plan allows you to take advantage of the majority of features available in the novice plan. It is in this plan that you are able to create an individual profile that allows you to share with other associates all your insights and intel in this trading group.

Priced at $49.95/month, Profit.ly’s Trader plan does what the name suggests caters people who want to improve their expertise in trading. While it’s nice however, there’s a crucial element that’s missing. Unlike the previous Novice package, you won’t be able to see other traders’ statistics, which could be a disadvantage for some who may be eager to try this new tier. Timothy Sykes Daytrading Award For The Talented

Pro Plan

This is by far the highest premium package that Profit.ly offers to experienced traders. At $74.95 per month, which includes 22% off for billing annually the Pro plan has everything. You will have full, unrestricted access to all the features from the two previous plans.

Not only do you get to see other users’ stats as well, you’re also offered the opportunity to create your own private profile. Both of these options, in addition to the benefits that you can use to their fullest capacity. If you’re looking for an account that will give you everything you need as a skilled trader, maybe the Pro tier could be for you!

Profit.ly’s Other Services

Apart from the provided trainer tools and Leaderboards Profit.ly provides a variety of more services it has to offer. One of them is the online store, which allows users to pick from a range 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 website is available to be bought immediately for your personal use. Some of these include bestsellers such as”Trading Tickers,” the “Trading Tickers” series by trading professional Tim Grittani, Timothy Sykes’s library of DVDs and streaming-only content on short stocking, penny stocking, and other aspects of trading. There are also clips and clips taken from events like the Annual Pennystocking Conference, and products from other expert traders.

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Chat rooms integrated into Profit.ly are included in Profit.ly’s range of services and features. You may be familiar with chat rooms since you can find it throughout social and messaging platforms, as well as some specialty websites that offer live chat assistance. However, in Profit.ly it’s seen as a real-time area where experts and member traders can communicate and learn in real time. Every guru has their own way in running their chat rooms and dealing with the listed members. One of them may be laid back and less active, while another might be more online and communicative to their pupils. Consider chat rooms as Profit.ly’s version of a forum, in its essence.

Who is the Ideal trader to Profit.ly?

Profit.ly’s variety of offerings and features cater to the wide range of stock traders, from novices to the most experienced. With the variety of deals it offers it is certain to have something for everyone.

Newbies, for instance, will enjoy Profit.ly’s library of learning materials available across the platform. In addition, they will be provided with videos every week and chat room tips from its in-house gurus as well as their members. They’ll also be able choose from the items from its online store for them to take wherever they go. Additionally, they can gain practical experiences by trading through the platform, but ultimately, they will soon learn that the process is a high-stakes game that should not be viewed as an amusing pastime.

For traders who have decades of experience in the line, we see Profit.ly equally suitable for them as it is for those who are just starting. While novice traders may not be as well-equipped with managing trading but the experts already know the way it functions and the stack full of risks associated with it. It is ideal to use Profit.ly’s variety of features to their full advantage to enhance their trading skills. Like novices, they can study from the gurus and experts and utilize those quick tips and tidbits along the way.

Profit.ly’s “all-in” approach isn’t limited to novices or semi-experienced trader. Verified experts can also join in the fun! Trade professionals who are on the same level as Superman or Tim Sykes can also use up Profit.ly’s capabilities to display their expertise to other traders as a way to help guide them through the ever-illustrious trading process. Timothy Sykes Daytrading Award For The Talented

Profit.ly’s Pros and Pros and

The Pros

  • Profit.ly’s diverse capabilities as a “one-stop’ platform for trading stocks allows it to provide traders everywhere with an abundance of knowledge, communication, and trading tools
  • You get to receive excellent training and tips from the internal experts, which include libraries of educational videos and trading in real-time.
  • You’re guaranteed transparency throughout Profit.ly by using accurate data as well as other traders ready to call you out if something occurs.
  • The leaderboard feature of the platform offers you the opportunity to increase your reputation as a reliable and authentic trader
  • In addition to its primary features, Profit.ly also gives its customers extra options that can be tailored to their preferences, such as posting trades that are not authentic by taking screenshots
  • Profit.ly’s variety of subscription levels and guru packages are priced at affordable rates There is truly something for everyone

The Cons

  • Profit.ly’s numerous packages and services offered could be too much for a lot of its users
  • As traders may opt to post any kind of trade, there’s the possibility that some of them will profit by cherry-picking the best trades to increase the rating This could be a risk that shouldn’t be simply overlooked
  • Profit.ly does not offer refunds because the premium customers are expected to instantly benefit from the many services the platform has to offer

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The Final Verdict The Final Verdict: Is Profit.ly worth it?

If we could think of an appropriate answer for this query, it’s a ‘yes’. But it is important to realize that this platform shouldn’t be viewed as a get-rich-quick scheme. The platform was not always designed to be used for this reason. Instead, you should have an open mind. Timothy Sykes Daytrading Award For The Talented

What we mean by ‘yes’ is that it could be a useful learning tool. People who are stuck may be able to find Profit.ly’s range of resources useful as they do their best to incur lesser losses and perform better than they did before. It’s not just the struggling traders who will benefit from the platform. It can accommodate beginners and even experts!

If you really desire to be more successful in trading and would like to learn from your mentors and peers throughout the process, then look no further – Profit.ly may be a great choice to start.

FAQ Timothy Sykes Daytrading Award For The Talented

How can you make use of Profit.ly to make your trades public?

Profit.ly offers the option of allowing trade entries within the ‘My Trade category on the dashboard that lets you post your trades that are verified or not. There are three choices:

  1. Linking your account with your brokerage of choice and importing the trades from that directly
  2. Manually entering your trades into provided spaces and specifics
  3. Take a photo of your trades

What can I do to determine whether the trade is authentic or not?

If you buy your trade from a trusted brokerage, there is the likelihood that it can be verified. This is shown by the small blue check. If you post the information manually or via images, it will be assigned as unverified.

The drawback of posting an unauthentic trade is the risk of receiving downvotes from friends and colleagues. If you receive too many negative votes, it could cause you to show up at the top of the Madoff leaderboard, which is where the public can detect who’s being dishonest in posting trades.

Are the Profit.ly mobile app still in use?

As of the moment, Profit.ly is still available to download from the Apple App Store as well as the Google Play store. The mobile app version is compatible with most working smartphones and tablets.

How many are using Profit.ly?

Profit.ly currently houses over 150,000 traders and investors, since they’re not just looking to earn maximum profits but also assist each other to learn and improve in acquiring opportunities on the stock market left and right.

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