Stock trading is an exciting game with high stakes. On certain days, you may have the benefit of pleasing and positive numbers. However, on other days you may experience the opposite, and it may sometimes be extremely difficult to return to the point you were at your peak. If you are constantly stuck in the gutter You will need to recognize that relying on your instincts and preserving may not always be enough.
If you’ve suffered losses from time to time and you’re likely to require sound advice from tried-and-tested trading experts. You’re also gonna need an enormous boost from your colleagues in the market from all over the world, which is why we’ve identified an option that can help you to improve your performance within the field. We’ll take an in-depth 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.
Overall Rating: 4.1/5 Timothy Sykes Discord
The User’s Experience 4.5/5
Profit.ly is an online trading platform that permits traders of various levels to be knowledgeable responsible, transparent, and uplifting with each other by offering a wide array of tools and features such as trade verification, chat rooms, and an enriched library of educational content.
What is Profit.ly?
Profit.ly is a trading website which serves as a learning and education platform for those new to trading and as a hub for experienced traders to track their performance with the help of cutting-edge analytics tools. It provides users with a vast variety of tools to facilitate trade and communication, it helps traders from all walks of life 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 but with a focus on experts and traders.
Profit.ly independently checks the performance of trades and publishes all data from them in the form of leaderboards. The platform for trading is built on honesty and transparency: it ensures that the trades are authentic and won’t allow for fraud as much as possible. It was created years ago by the penny stock trade expert and investment guru Timothy Sykes, along with fellow expert Michael Mosseri.
One time , during an interview for Forbes magazine, Sykes said that Profit.ly was motivated by its focus “on the transparency of every trade, something that has never been previously done.” The idea, he added, served two objectives: one) creating public track records for everyone, not just the experts as well as newsletter authors and students as well as) allowing anyone on the platform to learn from both losses and wins to the benefit of the trading industry. Timothy Sykes Discord
How Does It How Does It
Profit.ly utilizes a subscription model which allows stock traders to gain access to a multitude of features and services aimed at achieving the success of their business. You can create an account there at no cost, however you’re only given the capability to browse the leaderboards and monitor the activities of non-gurus. If you’re ready to invest your money to see what stocks the experts are trading in real time, you will need to join one of Profit.ly’s offers, which we will review in the coming days.
Setting up an account is simple: Create an account with your experience and skills, join your brokerage account, and you have yourself an opportunity to make your way up to high on the leaderboard. Profit.ly’s leaders’ board feature as we’ve mentioned earlier, is designed to give its users a look at the performance of the trading community as well as its gurus. You’re not just allowed to show value to a group of traders, as you can also utilize Profit.ly to shop with a professional with the assurance that you’re comfortable of their knowledge and the credibility of their assertions.
If you feel uneasy with the concept of leaking the details of your broker account you may decide to share your trades, either verified or not, by taking screenshots. Also included in Profit.ly is the huge selection of trading classes as well as the ability to look at the stats of a trader’s account, and more ways to connect with your gurus through the chatroom along with email and text alerts as well as updates.
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Meet the Founder: Tim Sykes
Timothy Sykes is a well-renowned day trading guru who is famously known for his involvement in penny stock trading. According to Investopedia the term “penny stock” is a small business’s shares that trade for just less than 5 cents per share. Penny stock trading can be seen as a stepping stone for small businesses to transition to a large marketplace as it allows them to access money from the public. However, don’t get it wrong – it’s also an extremely risky activity, as Sykes is sure to reveal through his many years of experience.
From his beginnings in the latter years of High School, Tim Sykes has, since then, made more than $6 million in profit throughout his illustrious career as trading professional. At 25 years old Tim Sykes had received greater exposure and an even wider influence over time when he became part of the reality show “Wall Street Warriors.” He then took advantage of it to establish trading rooms and penny stock themes as well as educational content targeted at people who are brand new to the trading field. He also helped to establish Profit.ly as a platform for openness, and for the community to lift each other up and compete with each other on the platform.
The Profit.ly Gurus
One of Profit.ly’s amazing features is the wide range of learning tools, trade alerts as well as other useful information provided by the company’s internal gurus. These gurus refer to experts in the field of trading who have proven to make substantial profits from their collective years of knowledge. Timothy Sykes Discord
At its peak, Profit.ly had housed up to five gurus, all of them an expert in their niche within the world of trading. Some of the prominent gurus included Connor Bruggermann, Nathan Michaud of Investors Underground, and Triforce as well as a handful of others. As of this 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 offers.
From Tim Sykes Tim Sykes: Tim’s Alerts
Sykes provides basic stock trading services that focuses on penny-priced day trading with Tim’s Alerts. At $74.95 per month, you will observe him focus on fundamental catalysts for stocks and utilize them to anticipate the next possible moves in making trades.
A standalone purchase in Tim’s Alerts will get you access to the chatroom and the mobile app that’s available on iOS as well as Android devices, email, text and push alerts; as well as a daily watchlist of stocks.
From Tim Sykes: The Pennystocking Silver Package
Pennystocking Silver is the most premium, upgraded version of the Tim’s Alerts program. Priced at $149.95 for a month it is an ideal plan for those who are committed to penny stock trading. Pennystocking Silver comes with all the standard features that were included in the previous plan, including alerts for swing trading and access to an extensive library of more than 7,000 instructional videos that are updated every week.
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From “Superman” Paul Scolardi: Superman Alerts
Scolardi who goes under the alias “Superman,” is a swing trading professional with an eye for tiny-cap massive stocks as well as wildly accurate marketing forecasts. Since the time he started trading, Superman has amassed over $5.5 million in all-time trading earnings. Timothy Sykes Discord
The Superman Alerts plan is an offer of the most essential features and alerts on trading geared to those interested. For $147/month, you’ll get an access to the day-to-day stock watchlist that is premarket and the mobile app, daily market updates in real time, and email and SMS alerts.
In “Superman” Paul Scolardi: Superman Pro
At $247/month, you get additional features, as well as access to a knowledgeable base of information provided by Superman himself through the Superman Pro package. Alongside the standard features that are included in the Alerts package, Superman Pro gives you daily video lessons, which include a growing library of all the previous ones. On top of that, you’ll also get an access to high-quality research papers as well as the IPO or earnings monitor.
Profit.ly plans and costs
If you’re looking to join the trading community on the internet and make a mark on the field, Profit.ly has the right amount of resources to get you started. The platform has three membership tiers that cater to traders of different levels. Let’s break down what these three tiers are and how much they’ll cost you.
The package called Novice is Profit.ly’s entry-level plan designed especially for people who are brand new to the world of trading. Once you have signed up for this package you’ll be given a slew of robust and indispensable trading tools, all one of them essential in keeping your hands on what we can describe as a cutthroat procedure in its own.
The list of features you can accomplish with Profit.ly’s Novice package is the ability to verify trades and track profits; leading, following and even chatting with your fellow traders; and giving feedback on the trades of today. You’re also allowed to get on leaderboards, analyze your trades, sort and filter your trades and, lastly, view the statistics of other traders.
The Novice plan is $29.95 per month. While it may look attractive simply because of the price, there is a downside. You can’t create a private profile, thus making your activities publicly available. If you’re interested in gain access to this feature, keep an eye on us as we present to you Profit.ly’s next plan.
The Trader Plan
The Trader package lets you to take advantage of the majority of features available in The Novice package. In this plan, that you are able to create an account that is private for sharing 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 for those looking to develop their skills in trading. While it’s nice but there’s one important aspect that’s not included. In contrast to the Novice package, you won’t be able to see other traders’ stats that could be a problem for some who may be eager to try this new tier. Timothy Sykes Discord
The Professional plan can be described as the most luxurious package Profit.ly offers to experienced traders. It costs $74.95 monthly, which includes an additional 22% discount for billing annually the Pro plan has everything. You will have full, unrestricted access to all the options of the previous plans combined.
You’re not only able to look at other people’s statistics, but you’re also given the option of creating an individual profile. These two features are on top of all the advantages you’ll be able to use to the maximum extent. If you’re in search of a plan that can serve all the features you need to be a skilled trader, maybe the Pro level is for you!
Profit.ly’s Other Services
Apart from the provided tools for training and leaderboards, Profit.ly offers a number of more services it has to provide. One of them is the online store, where customers can select from a variety of instructional videos that are created to guide you through the nuances and pitfalls of trading. Each of the offerings listed in this section of the site can be purchased immediately for personal use. These include best-selling products like the “Trading Tickers” series from trading expert Tim Grittani, Timothy Sykes’s library of DVDs and streaming-only content on short stocking, penny stocking, as well as all related to trading, videos and clips taken from the Annual Pennystocking Conference, and items from other experts in trading.
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The integrated chat rooms are also part of Profit.ly’s array of features and services. You are 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 in Profit.ly, it is seen as a area where experts and members trade and exchange knowledge in real-time. Every guru has their own style when it comes to running their chat room and in dealing with the members. One of them may be laid back and less engaged, while another could be more interactive and online in their interactions with students. Think of the chat rooms as Profit.ly’s version of the forum, in essence.
Who is the Ideal trader to Profit.ly?
Profit.ly’s diverse range of products and features caters to an array of stock traders, from novices to the most experienced. With the variety of deals it has to offer, the platform surely has something for every person.
Beginners, for instance, can take advantage of Profit.ly’s collection of educational materials available across the platform. In addition, they will get daily videos and chat room tips from the in-house experts as well as their members. Additionally, they can select from the products in its online store to carry with them wherever they may be. They can also gain hands-on experiences from trading within the platform, but ultimately they’ll realize that this is a high-stakes game that shouldn’t be taken as an opportunity to make fun of.
For those traders who have had years of exposure down the line, we believe Profit.ly as equally as suitable to them as people who are just beginning. While novice traders may not be as well-equipped with dealing with trading issues, the pros already understand how it works along with the plethora of risks that come with it. In the ideal scenario, they can utilize Profit.ly’s variety of options to their maximum advantage to develop their trading skills. As beginners, they are able to learn from the experts and experts , and use those short tips and tricks along the way.
Profit.ly’s “all-inclusive” nature isn’t limited to novices or semi-experienced trader. Certified experts can also take part in the excitement! People in the trade industry who are at similar levels to Superman as well as Tim Sykes can also use Profit.ly’s capabilities. Profit.ly’s capabilities to display their expertise to other traders in order to assist them in the ever-changing trading process. Timothy Sykes Discord
Profit.ly’s Pros and Pros and
- Profit.ly’s many capabilities as a ‘one-stop’ stock trading platform allows traders from all over the world with a wealth of education communications, trading, and communication tools
- You get to be taught by experts and tips from the in-house gurus, including libraries of educational videos and real-time trading activities
- You’re guaranteed transparency throughout Profit.ly by using accurate data as well as other traders ready to call you when something goes wrong.
- The leaderboard feature of the platform offers you the opportunity to increase your credibility as a trustworthy and verifiable trader
- In addition to its primary features, Profit.ly also gives its users extra options to suit their preferences, such as posting unverifiable trades through screenshots
- Profit.ly’s variety of subscription levels and guru packages are priced at a reasonable cost There is truly something for everyone
- Profit.ly’s numerous packages and products offered may seem overwhelming for most of its customers
- Since traders can choose to open any kind of trade, there’s an opportunity that some them could profit from cherry-picking the best trades to boost their rating this could be a risk that shouldn’t be simply overlooked
- Profit.ly does not accept refunds as its premium users are expected to instantly benefit from the many services that the platform can offer
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The Final Verdict: Is Profit.ly Worth It?
If we were able to come up with an appropriate answer for this query, it would be yes. But it is important to realize that this platform shouldn’t be viewed as a quick-fix scheme to make money. The platform wasn’t originally meant to be designed for this reason. Instead, it is best to keep an open mind. Timothy Sykes Discord
What we are referring to”yes” is that it is a fantastic learning tool. For those who are struggling, they might find Profit.ly’s range of resources helpful as they do their best to incur lesser loss and perform better than they did before. It’s not just the struggling traders that will benefit from the platform. It will be able to accommodate beginners as well as even experts!
If you really want to become a better trader and want to be taught by your peers and experts throughout the process, then look no further – Profit.ly may be a great choice to start.
FAQ Timothy Sykes Discord
How can you make use of Profit.ly to post your trades?
Profit.ly has an entry section for trades under the ‘My Trade section of the dashboard. It allows you to post your trades, either verified or not. 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 using provided spaces and specifics
- Send a screen shot of your transactions
What can I do to determine whether the trade can be verified or not?
If you buy your trade from a trusted brokerage, there’s a high chance that it is verifiable. This is indicated with the blue check mark. If you post it manually or through images, it will be classified as unverified.
The disadvantage of an unauthentic trade is the chance of getting downvotes from your fellow peers. A large number of downvotes could cause you to be listed in the Madoff leaderboard, where users can see who’s dishonest in posting trades.
Does the Profit.ly mobile application still available?
As of the moment, Profit.ly is still available for download on the App Store for Apple and the Google Play store. The mobile app version is compatible with the majority of operating tablets and smartphones.
How many people are connected to Profit.ly?
Profit.ly is currently home to over 150,000 investors and traders as they not only are trying to maximize profits but also to help one another grow and learn more about acquiring stock market opportunities both right and left.