Stock trading is a high-stakes game. On certain days, you may be reaping the benefits of positive and satisfying numbers. However, on other days it could be the reverse and it could be very difficult to return to where you were at your best. If you are constantly stuck in the gutter You will need to realize that relying on pure instinct and preservation may not always be enough.
If you’ve suffered occasional losses, you’re gonna be needing solid advice from seasoned and tested trading experts. Also, you’ll need a significant boost from your fellow traders from around the globe, which is why we’ve found a platform that can support you in your growth within the field. This review will 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 Despite The Price
The User’s Experience 4.5/5
Profit.ly offers an internet-based trading service that enables traders of different levels to be informed and accountable, as well as transparent and uplifting with each other by offering a wide array 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 trading site which serves as a learning and training 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. Providing users with a wide range of resources to facilitate trade and communication that help traders from every field of business connect with one another. It gives the gurus an opportunity to invest in the right areas that the site. Consider it the social media equivalent the likes of Facebook and Reddit but with a focus on experts and traders.
Profit.ly independently verifies trade performances and then publishes the information from them in the form of leaderboards. The trading platform is built on trust and transparency. it guarantees that the trades are valid and won’t allow for fraud as much as is humanly possible. It was established years ago by the penny expert in stock trading and investment guru Timothy Sykes, along with the other expert Michael Mosseri.
One time , during an appearance in Forbes magazine Sykes declared that Profit.ly was based “on showing the entire spectrum of trades, something which has never been previously done.” This idea Sykes said served two objectives: one) keeping track of public data for not just the gurus as well as newsletter writers and students and secondly) giving everyone on the platform to gain insight into both losses and wins for the trading industry’s benefit. Timothy Sykes Despite The Price
How Does It Work?
Profit.ly is a subscription-based platform that lets stock traders gain access to a multitude of services and features geared at achieving the success of their business. You may set up an account there for free, but you’re only given the capability to browse the leaderboard and observe the activities of people who aren’t gurus. If you’re interested in investing your money to see what stocks the experts are trading in real-time, you will need to subscribe to any of Profit.ly’s deals that we’ll review in the coming days.
Setting up an account is simple: Create a profile with your experiences and skills, join your brokerage account, and you’ll have an opportunity to make through high on the leaderboard. Profit.ly’s Leaderboard function, which was we’ve mentioned earlier, is designed to give its users a look at how the community of traders performs and its gurus. You’re not just allowed to show your worth to a group of traders, but you can also utilize Profit.ly to buy with a guru, and have the assurance that you’re confident with their expertise and the veracity of their claims.
If you’re not comfortable with the idea of sharing the details of your broker account then you could decide to share your trades, verified or otherwise, through photographs. Also included in Profit.ly are a variety of trading courses and the capability to see stats in a trader’s profile and other methods to interact with your experts in the chatroom, in addition to text and e-mail alerts and updates.
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Meet the Founder: Tim Sykes
Timothy Sykes is a well-renowned day trading personality who is famously known for his involvement in the penny-stock market. According to Investopedia, a penny stock refers to a small-sized company’s stock that trades for just less than 5 cents per share. The trading of penny stocks is an avenue for small companies to move to a market that is larger as they can access funds from the public. But don’t make the mistake of thinking that it can also be a high-risk game, which Sykes is sure to reveal thanks to his years of expertise.
Beginning in the latter years of High School, Tim Sykes has, since then, earned an estimated $6 million profits throughout his illustrious career as trader. At 25 years old Tim Sykes had received more exposure and a wider impact as a participant in the reality series “Wall Street Warriors.” He then made use of the show to establish trading rooms, penny stock themes, as well as educational content targeted at those who are just beginning to learn about the trading field. He also played a role in establishing Profit.ly as a place for transparency and for the community to lift each other up and compete on the platform.
The Profit.ly Gurus
One of Profit.ly’s sweet inclusions is the vast array of educational tools, trade alerts and other useful stuff offered by the company’s internal gurus. The gurus in question refer to the trading experts who have proven to make significant amounts of profit from their combined years of knowledge. Timothy Sykes Despite The Price
At its peak, 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 gurus included Connor Bruggermann, Nathan Michaud of Investors Underground, and Triforce, among a few others. At the time of writing there are only two gurus who remain on this platform: 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 we’ll take a look at what packaged deals each guru can offer.
From Tim Sykes Tim Sykes
Sykes offers an essential stock trading service with the main priority being penny stock day trading through Tim’s Alerts. The cost is $74.95 per month, you’ll be able to see him focus on the fundamental stock catalysts and use them to forecast the next moves that could occur when making trades.
A single purchase in Tim’s Alerts will get you access to the chatroom and the mobile app available on iOS as well as Android devices, as well as texts, emails and push alerts and a daily stock watchlist.
from Tim Sykes: The Pennystocking Silver Package
Pennystocking Silver is the most premium version, with an upgraded version of Tim’s Alerts package. At $149.95 monthly, this is an ideal plan for investors who are invested in penny stock trading. Pennystocking Silver offers all the essential features found in earlier plans including swing trading alerts as well as unlimited access to a rich library of over 7,000 educational videos and new videos released weekly.
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The following video is from “Superman” Paul Scolardi: Superman Alerts
Scolardi, who goes by the alias “Superman,” is a swing trading professional with an eye for tiny-cap massive stocks as well as wildly accurate marketing forecasts. Through the years since when he first started trading, Superman has amassed over $5.5 million in trading earnings. Timothy Sykes Despite The Price
The Superman Alerts plan is his package of vital features and trading alerts targeted to those interested. For just $147 per month, you’ll have access daily premarket stock watchlist as well as the mobile app, daily market commentary shown in real time, and email and SMS alerts.
From “Superman” Paul Scolardi: Superman Pro
For the price of $247, you receive additional features, plus access to a knowledgeable base of information provided by Superman himself through Superman Pro. Superman Pro package. On top of the essentials that are included in the Alerts plan, Superman Pro gives you weekly video lessonsthat include an ever-growing library of other previous ones. On top of that you’ll also have the ability to access premium reports on research and an IPO as well as earnings tracking tool.
Profit.ly Programs and Costs
If you’re ready to join the online trading community and leave a mark in the industry, Profit.ly has the right amount of tools to get you going. Profit.ly offers three membership tiers, each designed for traders of different levels. Let’s take a look at what these three levels are and what they will cost you.
The Novice package is Profit.ly’s entry-level plan designed especially for those who are new to the trading community. Once you have signed to this plan, you will be immediately provided with a variety of powerful and indispensable trading tools, all of them integral in keeping your fingers on what we could call a ruthless procedure in its own.
The list of features you can accomplish using Profit.ly’s Novice package include the capability to check the results of your trades and track profit and follow-up, leading and even chatting with your fellow traders; and providing feedback on trades today. It also allows you to be on leaderboards, analyze the results of your analysis, sort, or filter the trades you make and, finally, see other’s stats.
The Novice plan is $29.95 per monthly payment. Although it might look appealing simply because of the price but there’s a disadvantage. You can’t create a private profile, which makes your personal information public. If you do want to get access to this feature, you should keep an eye on us as we present to you Profit.ly’s next plan.
The Trader package allows you to take advantage of a majority of features from The Novice package. This plan allows that you are able to create a private profile to share with other associate users all your knowledge and information you have gained from this trading group.
Priced at $49.95/month, Profit.ly’s Trader plan is exactly what it says catering for those looking to develop their expertise in trading. As nice as it seems but there’s one important feature that is missing. Unlike the previous Novice package, this one won’t be able view other traders’ statistics, which could be a disadvantage for some who may be anticipating this level. Timothy Sykes Despite The Price
The Professional plan can be described as the most luxurious package Profit.ly can offer to experienced traders. At $74.95 monthly, and a 22% discount when billed annually This plan offers it all. It gives you full, unlimited access to all options of the prior plans.
You’re not only able to see other users’ stats and data, but you also have the opportunity to create a private profile. Both of these features, plus the other advantages that you can utilize to their fullest capacity. If you’re in search of an account that will give all the features you need to be trader with experience, the Pro tier could be ideal for you!
Profit.ly’s Other Services
Apart from the provided tools for training and Leaderboards Profit.ly has a few other services they provide. One of them is the online store, which lets users pick from a range of video products that are designed to educate and provide guidance on the ins and outs of trading. Each of the offerings listed on this page of the site can be purchased immediately for personal use. Some of these include bestsellers such as”Trading Tickers, “Trading Tickers” series by trader professional Tim Grittani, Timothy Sykes’s collection of DVDs and streaming-only content about short stocking, penny stocking, and all other things trading-related, clips and clips taken from the Annual Pennystocking Conference, and items from other experts in trading.
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Chat rooms integrated into Profit.ly are also part of Profit.ly’s range of features and services. You may be familiar with chat rooms since you will see it on social and messaging platforms as well as some specialty websites that offer live chat assistance. However, in Profit.ly, it is seen as a hands-on place where gurus and their members can interact and share knowledge in real-time. Each guru has their style when it comes to running their chat room and dealing with the listed members there. One might be a laid-back person who is rarely active, while another may be more interactive and online to their pupils. Think of chat rooms like Profit.ly’s version of the forum in essence.
Who is the ideal Trader for Profit.ly?
Profit.ly’s wide range of products and features cater to an array of stock traders, ranging from novices to the most experienced. Considering the number of offers it offers this platform definitely has something for all.
For instance, newbies will enjoy Profit.ly’s library of learning information available on the platform. Not only will they be provided with videos every week and chat room advice from its in-house gurus and members. They’ll also be able to choose from the items from its online store that they can take with them wherever they may be. They can also gain hands-on experiences by trading through the platform, however they’ll be able to realize that trading is a high-stakes game that should not be viewed as an opportunity to make fun of.
For the traders with decades of experience in the line, we see Profit.ly equally suitable for them as it is for people who are just beginning. Although the novices might not be as proficient in dealing with trading issues however, experienced traders know how it works along with the stack full of risks associated with it. Ideally, they may make use of Profit.ly’s range of options to their maximum advantage to improve their skills in trading. As beginners, they are able to learn from the top experts as well as experts, and take advantage of simple tips and hints to help them along.
Profit.ly’s “all-inclusive” nature isn’t limited to novices as well as semi-seasoned traders. Verified experts can also join in the fun! People in the trade industry who are on similar levels to Superman as well as Tim Sykes can also use Profit.ly’s capabilities. Profit.ly’s abilities to show off their skill to others as a way to help assist them in the ever-changing trading process. Timothy Sykes Despite The Price
Profit.ly’s Pros and Cons
- Profit.ly’s many capabilities as a ‘one-stop’ platform for trading stocks allows traders from all over the world with a wealth of education tools, communication, and trading tools
- You will be taught by experts and advice from the company’s inside experts, as well as collections of educational videos as well as real-time trading activities
- You’re assured of transparency throughout Profit.ly with accurate analytics and fellow traders ready to call you out if something occurs.
- The leaderboard feature on the platform gives you a way to build your credibility as a trustworthy and authentic trader
- Apart from its main abilities, Profit.ly also gives its customers additional options to meet their individual preferences, for instance, posting trades that are not authentic by taking images
- Profit.ly’s variety of subscription plans and guru packages are priced at reasonable prices – there truly is something for everyone
- Profit.ly’s numerous products and packages offered might not be enough for a lot of its customers
- As traders may opt to post any kind of trade, there is a possibility that some of them may take advantage by selecting the best trades in order to increase the rating This could 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 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 think of an appropriate answer for this query, it’s yes. But you need to understand that this platform shouldn’t be viewed as a scheme to get rich quick. It wasn’t meant to be designed to achieve this goal. Instead, you need to have the ability to think with an open heart. Timothy Sykes Despite The Price
What we do mean”yes” is that it is a fantastic learning tool. Those who may be stuck may be able to find Profit.ly’s array of resources useful in their efforts to reduce loss and perform better than they did before. Not only struggling traders that will benefit from the platform. It will be able to accommodate beginners as well as even experts in the field!
If you truly desire to be a better trader and want to learn from your fellows and gurus on the way, take a look at Profit.ly. Profit.ly is a fantastic choice to start.
FAQ Timothy Sykes Despite The Price
How do you use Profit.ly to publish your trades?
Profit.ly has an entry section for trades in the ‘My Trade section of the dashboard. It lets you post your trades that are verified or not. You may choose between three choices:
- Connecting your account to your brokerage of choice and importing the trades from that directly
- Manually entering your trades into provided spaces and specifics
- Take a photo of your transactions
How can I tell if the trade is verifiable or not?
If you purchase your trade from a trusted brokerage, there is an excellent chance that it is verifiable. This is evident by the blue check mark. If you upload the information manually or via screenshots, it will automatically be classified as unverified.
The disadvantage of an unverified trade is the possibility of receiving negative feedback from colleagues. Too many downvotes may cause you to be listed at the top of the Madoff leaderboard, where users can see who’s untruthful in submitting trades.
Are the Profit.ly mobile app still available?
As of the moment, Profit.ly is still available for download on the Apple App Store as well as in the Google Play store. The mobile version of the app works with all working smartphones and tablets.
How many people are using Profit.ly?
Profit.ly currently houses over 150,000 investors and traders, since they’re not just trying to maximize profits but also help each other learn and improve in acquiring opportunities in the stock market all over the world.