Stock trading is a high-stakes game. On certain days, you may be reaping the benefits of positive and satisfying numbers. On other days, however you may experience the opposite, and it may sometimes be very difficult to get back to the point you were at your peak. If you find yourself constantly stuck in the gutter it is important to realize that relying on pure instinct and preservation might not be enough.
If you’ve experienced occasional losses, you’re gonna be needing solid advice from seasoned and tested trading experts. Also, you’ll need an important boost from fellow traders from around the globe. That’s why we’ve discovered a platform that can support you in your improvement within the field. We’ll take an in-depth look at Profit.ly is a well-known 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.
Overall Rating: 4.1/5 Timothy Sykes During Pregnancy
Users Experience 4.5/5
Profit.ly can be described as an online platform for trading that allows traders of various levels to be informed, transparent, accountable, and encouraging each other through its broad variety of tools and features like trade verification, chat rooms, and an enriched library of educational content.
What is Profit.ly?
Profit.ly is a trading website that serves both as a learning and training platform for people who are starting out as well as a place for traders who are experienced to monitor their performance using the aid of cutting-edge analytics tools. Offering users a broad array of options to facilitate trade and communication and letting traders from all walks of life connect with one another. It gives the gurus worthwhile investments within the confines that the site. Think of it as an online social media platform similar the likes of Facebook and Reddit, but for professionals and traders.
Profit.ly independently checks the performance of trades and publishes all data from them in the style of leaderboards. The platform for trading is built on honesty and transparency: it ensures that the trades are authentic and won’t accept fake news as long as is humanly possible. It was created many years ago by penny stock trade expert and investment guru Timothy Sykes, along with his colleague Michael Mosseri.
In an appearance in Forbes publication, Sykes stated that Profit.ly was based “on the transparency of every trade, something that was never prior to.” This idea, he added, served two goals: 1.) keeping track of public data for not just the gurus and newsletter authors and students and secondly) making it possible for anyone on the platform to gain insight into both losses and wins to the benefit of the trading industry. Timothy Sykes During Pregnancy
How Does It How Does It
Profit.ly utilizes a subscription model which allows stock traders to benefit from a variety of tools and services that are geared at achieving achievement. You can create an account on the site at no cost, however you’re only limited to having the ability to navigate through the leaderboard and observe the actions of non-gurus. If you’re interested in investing your money to see which stocks the gurus are trading in real-time it is necessary to subscribe to any of Profit.ly’s deals that we’ll review in the coming days.
Setting up an account is simple: Create an account with your experience and knowledge, then connect your brokerage account, and you have yourself an opportunity to make your way up to the top of the leaderboard. Profit.ly’s Leaderboard function, which was previously mentioned, is designed to give its users a glimpse of how the community of traders performs as well as its gurus. You’re not just allowed to show your worth to a large group of traders, as you are also able to use Profit.ly to buy with a guru, and have the assurance that you’re comfortable in their skills and the veracity of their assertions.
If you feel uneasy with the idea of sharing the details of your broker account you can opt to post your trades, verified or not, by taking photographs. In Profit.ly are a variety of trading courses, the ability to view statistics on a person’s profile, and more ways to communicate 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 trades in penny stocks. According to Investopedia, a penny stock is a small business’s shares that trade for under $5 for each share. The penny stock market can be seen as an avenue for small companies to move into a larger market because it allows them to access money from the public. But don’t make the mistake of thinking that it’s also an extremely risky game, as Sykes is sure to reveal because of his decades of expertise.
From his beginnings at the end of his time in the high schools, Tim Sykes has, since then, earned over $6 million of earnings through his lengthy career as trader. At 25 years old, he had been given more exposure and a wider impact when he became part of the reality TV show “Wall Street Warriors.” Then, he made use of the show to develop trading rooms and penny stock themes and educational material aimed at those who are just beginning to learn about the trading field. He also helped to establish Profit.ly as a platform for transparency, 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 most appealing features is the wide range of educational resources, trade alerts, as well as other useful information provided by the in-house experts of the platform. The gurus in question refer to the experts in trading who have proven to make significant amounts of profit from their collective years of experience. Timothy Sykes During Pregnancy
At its peak, Profit.ly had housed up to five gurus. Each of them a pro within their particular field within the world 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: the founder and penny stock trader Tim Sykes and veteran smallcap swing trader Paul Scolardi, also known as Superman. With that taken into consideration, let’s take a look at the packaged offers each guru can 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. At $74.95 per month, you’ll observe him focus on fundamental stock catalysts and use them to forecast the next possible moves in making trades.
A purchase on its own of Tim’s Alerts will get you access to the chatroom, as well as the mobile app available for iOS and Android devices, as well as email, text, and push alerts; and a daily stock watchlist.
From Tim Sykes: The Pennystocking Silver Package
Pennystocking Silver is the most premium version that has been upgraded of the Tim’s Alerts package. At $149.95 monthly, this is the perfect plan for those who are more committed to penny stock trading. Pennystocking Silver includes all the basic features of earlier plans including swing trading alerts as well as unlimited access to a collection of more than 7,000 educational videos, with new ones released weekly.
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The following video is from “Superman” Paul Scolardi: Superman Alerts
Scolardi who goes under the name “Superman,” is a professional in swing trading with an eye for both tiny-cap massive stocks as well as wildly accurate marketing forecasts. Since he began as a trader, Superman has amassed over $5.5 million in all-time trading earnings. Timothy Sykes During Pregnancy
The Superman Alerts package is his offering of essential features and trading alerts targeted toward those who may be interested. For just $147 per month, you’ll have access to the daily premarket stock watchlist along with the mobile application, daily market commentary shown in real-time, as well as E-mail and SMS alerts.
The film “Superman” Paul Scolardi: Superman Pro
At $247/month, you get additional features, as well as access to an extensive base of knowledge 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 daily video lessons, which include an ever-growing library of the previous ones. Additionally, you’ll also get the ability to access premium reports on research and the IPO or earnings monitor.
Profit.ly Plans and Costs
If you’re looking to join the world of online trading and make a mark on the field, Profit.ly has the right amount of resources to help you started. The platform offers three membership tiers that are designed to accommodate traders at different levels. Let’s break down what these three levels are and what they will cost you.
The package called Novice is Profit.ly’s entry-level plan designed especially for those who are just beginning their journey to the trading world. As you sign up for this plan you’ll be given a slew of robust and vital 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 accomplish using Profit.ly’s Novice package is the capability to check trades and track profits; leading, following and even chatting with your fellow traders, as well as providing feedback on trades today. You’re also allowed to get on leaderboards; analyze the results of your analysis, sort, as well as filter trades and, finally, see the statistics of other traders.
The Novice plan is $29.95 per monthly payment. While it may look attractive just by the price however, there’s a drawback. It isn’t possible to create a private profile, thus making your personal information public. If you do want to have access to this feature, be watching for us to introduce to you Profit.ly’s next plan.
The Trader package lets users to benefit from many of the features of the novice plan. In this plan, that you can set up a private profile for sharing with fellow associate users all the insights and information you have gained from trader’s community.
Costing $49.95/month, Profit.ly’s Trader plan does what the name suggests caters people who want to develop their trading skills. Although it’s a nice thing but there’s one important feature that is missing. As opposed to the prior Novice package, you will not be able view the statistics of other traders, which might be a drawback for those who are anticipating this level. Timothy Sykes During Pregnancy
The Pro plan is the highest expensive plan Profit.ly can offer to experienced traders. With $74.95 per month, which includes 22% off for annual billing This plan offers it all. You get full, no-holds-barred access to all the options of the previous plans.
You’re not only able to view other people’s stats, but you’re also given the chance to create a private profile. Both of these options, 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 you everything you need as trader with experience, the Pro tier could be ideal for you!
Profit.ly’s Other Services
Apart from the provided tools for training and leadersboards Profit.ly provides a variety of additional services that it can provide. One of those is its online store, which lets users choose from a wide array of videos created to help you understand the nuances and pitfalls of trading. Each of the offerings listed on this page of the site can be purchased immediately for personal use. Among these products include best-sellers like”Trading Tickers, “Trading Tickers” series from trading expert Tim Grittani, Timothy Sykes’s library of DVDs and streaming-only content about penny stocking, short stocking, and all other things trading-related, clips and footage taken from 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 range of features and services. You’re probably familiar with the concept of the chat room as you can find it throughout social and messaging platforms and also on a few specialty websites that offer live chat support. But on Profit.ly the chat room is viewed as a real-time space where experts and their members trade and share knowledge in real-time. Every guru has their own style in operating their chat room and in dealing with the members. One might be laid back and not very often engaged, while another could be more active and in touch with their students. Think of the chat rooms like Profit.ly’s version of a forum, in the essence.
Who is the best Trader for Profit.ly?
Profit.ly’s variety of offerings and features are geared towards the wide range of stock traders, from novices to the most experienced. Considering the number of offers it offers this platform definitely has something for every person.
Beginners, for instance, will appreciate Profit.ly’s library of learning content offered throughout the platform. In addition, they will be enriched with weekly videos and chat room advice by its internal gurus and members. They’ll also be able to pick from the merchandise available from its online store for them to take wherever they may travel. They can also gain hands-on experiences by trading through the platform, however they’ll be able to realize that trading is a risky game that should not be viewed as an opportunity to make fun of.
For those traders who have had years of exposure down the line, we see Profit.ly equally suited for them as it is for those who are just starting. While the newbies may not be as well-equipped with dealing with trading issues but the experts already know how it works and the stack full of risks that come with it. Ideally, they may make use of Profit.ly’s array of features to their full advantage to improve their skills in trading. Like novices, they can learn from the experts as well as experts, and take advantage of short tips and tricks throughout the process.
Profit.ly’s “all-inclusive” nature doesn’t just apply to newbies or semi-experienced trader. Certified experts can also take part in the enjoyment! People in the trade industry who are on an equal level with Superman and Tim Sykes can also use Profit.ly’s capabilities. Profit.ly’s abilities to show off their skill to others as a way to navigate them through the ever-changing trading process. Timothy Sykes During Pregnancy
Profit.ly’s Pros and Pros and
- Profit.ly’s many capabilities as a “one-stop” stock trading platform enable it to provide traders everywhere with tons of learning communications, trading, and communication tools
- You’ll receive excellent training and advice from the company’s inside experts, as well as collections of educational videos as well as trading in real-time.
- You can be sure of complete transparency through Profit.ly by using accurate data and fellow traders that are waiting to reach you out whenever something happens
- The leaderboard feature on the platform gives you a way to build your reputation as a reliable and dependable trader
- In addition to its primary abilities, Profit.ly also gives its users extra options to suit their individual preferences, for instance, posting trades that are not authentic by taking photographs
- Profit.ly’s diverse range of packages and subscription levels are priced at a reasonable cost There is truly something for every person
- Profit.ly’s numerous packages and services offered could be too much for a lot of its customers
- As traders may opt to post any kind of trade, there is an opportunity that some them will profit by selecting the best trades in order to boost their rating This could be a risk that shouldn’t be ignored.
- Profit.ly does not accept refunds because 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 think of an answer to this question, it would be a ‘yes’. However, you must realize that this platform shouldn’t be viewed as a get-rich-quick scheme. The platform was not always intended to be created in this way. Instead, it is best to keep an open mind. Timothy Sykes During Pregnancy
What we are referring to”yes” is that it is a fantastic learning tool. People who are stuck could discover Profit.ly’s array of resources to be helpful when they try their best to avoid losses and perform better than before. Not only poor traders that can benefit from the platform. It will be able to accommodate beginners as well as even experts in the field!
If you really desire to be more successful in trading and would like to be taught by your fellows and gurus along the way, then you should look no further than Profit.ly. Profit.ly is a fantastic alternative to start.
FAQ Timothy Sykes During Pregnancy
What are the best ways to use Profit.ly to post your trades?
Profit.ly includes the option of allowing trade entries in the My Trade category on the dashboard which lets you record your trades, either verified or not. There are three choices:
- Linking your account to the brokerage of choice and importing transactions directly through there
- Manually inputting your trades with provided spaces and specifics
- 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 indicated with the small blue check. If you upload the information manually or via screenshots, it will automatically be classified as unverified.
The disadvantage of an unauthenticated trade is the chance of receiving negative feedback from colleagues. If you receive too many negative votes, it could result in you appearing in the Madoff leaderboard, where people can see who’s dishonest in posting trades.
Is the Profit.ly mobile app still available?
As of this writing, Profit.ly is still available for download on the Apple App Store as well as the Google Play store. The mobile app version works with all operating tablets and smartphones.
How many people are currently on Profit.ly?
Profit.ly currently houses over 150,000 investors and traders, as they not only are looking to earn maximum profits but also to help one another grow and learn more about acquiring opportunities in the stock market left and right.