Stock trading can be an extremely risky game. On some days, you might be reaping the benefits of pleasing and positive numbers. On other days you may experience the opposite and it can be extremely difficult to get back to the point you were at your best. If you’re always in the mud You will need be aware that relying solely on pure instinct and preservation might not be enough.
If you’ve been incurring occasional losses and you’re likely to require solid advice from seasoned and tested trading experts. You’re also gonna need an enormous boost from your trading partners from all over the world, which is why we’ve discovered an online platform that will help you in your growth within the field. We’ll be taking 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. Do check out our article below, however, because it has a comprehensive overview of Profit.ly.
Overall Rating: 4.1/5 Timothy Sykes Dvd Cost
Value: 4.1/5
Quality: 4.1/5
Costs: 4.1/5
The User’s Experience 4.5/5
Summary
Profit.ly is an online trading platform that permits traders of various levels to be informative, transparent, accountable, and encouraging each other through its broad array of tools and features like trade verification, chat rooms as well as an extensive library of educational content.
How do I define Profit.ly?
Profit.ly is a trading site which serves as a learning and education platform for people new to trading as well as a place for experienced traders to track their performance using the aid of advanced analytics tools. Offering users a broad range of resources for trade and communication and letting traders from all walks of life network with each other. It also allows gurus to make an opportunity to invest in the right areas of this platform. Consider it the social media equivalent the likes of Facebook and Reddit, but for traders and experts.
Profit.ly independently verifies trade performances and publishes all data from them in the form of leaderboards. The platform for trading is built on transparency and honesty: it ensures that the trades are valid and won’t allow for fraud as much as is humanly possible. It was created years ago by the penny stock trade expert and investment guru Timothy Sykes, along with his colleague Michael Mosseri.
One time , during an interview for Forbes magazine Sykes declared that Profit.ly was driven by its focus “on the transparency of every trade, something that has never been prior to.” The idea was, he said, serving two objectives: one) keeping track of public data for not just the gurus as well as students and newsletter writers and secondly) allowing everyone on the platform to gain insight into both losses and wins for the trading industry’s benefit. Timothy Sykes Dvd Cost
How Does It Perform?
Profit.ly follows a subscription-based model that allows stock traders to gain access to a multitude of tools and services that are geared toward achievement. You may set up an account at no cost, however you’re limited to the ability to navigate through the leaderboard and follow 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 will need to subscribe to any of Profit.ly’s offers, which we will discuss in the near future.
The process of opening an account is easy: create a profile with your experiences and expertise, connect to your brokerage account, and you have yourself a chance to shoot your way up to at the very top of the list. Profit.ly’s Leaderboard function, which was mentioned previously, is designed to give its users a look at their performance as a trading group as well as its experts. It’s not only a chance to prove your worth to a community of traders. You are also able to use Profit.ly to buy with a professional with the assurance that you’re confident in their skills and the veracity of their assertions.
If you are unsure about the concept of leaking information about your account with a brokerage, then you could opt to post your trades, verified or otherwise, through pictures. Included in Profit.ly is the huge selection of trading courses, the ability to view the stats of a trader’s account and other methods to communicate with your gurus via chatrooms along with notifications via email or text as well as updates.
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Meet Tim Sykes, the founder: Tim Sykes
Timothy Sykes is a well-renowned day trader who has been famously known for his efforts in the penny-stock market. According to Investopedia the term “penny stock” is a small business’s shares that trade for under $5 for each share. The penny stock market could be viewed as an avenue for small companies to move to a large marketplace as it allows them to access money from the general public. But don’t make the mistake of thinking that it’s also an extremely risky activity, as Sykes is sure to reveal thanks to his years of expertise.
Beginning at the end of his time in High School, Tim Sykes has, since then, made over $6 million of profits during his long and successful career as a trader. At the age of 25 Sykes was given greater exposure and a larger reach of influence when he became part of the reality show “Wall Street Warriors.” Then, he took advantage of it to develop trading rooms and penny stock themes and educational content geared toward those who are new to trading. He also helped 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 most appealing features is the vast array of educational tools, trade alerts as well as other useful information provided by the platform’s in-house gurus. Gurus are referred to the experts in trading who have proven to make substantial amounts of money from their collective years of experience. Timothy Sykes Dvd Cost
At its height, Profit.ly had housed up to five gurus. Each of them a pro in their niche in the trading industry. 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 the platform: Founder of the penny stock market Tim Sykes and veteran smallcap swing trader Paul Scolardi, also known as Superman. In light of that, let’s take a look at the packaged offers each guru offers.
From Tim Sykes: Tim’s Alerts
Sykes offers an essential stock trading service with the main priority being penny-stock day trading via Tim’s Alerts. The cost is $74.95 for a month you will see him focus on the fundamental stock catalysts and use them to anticipate the next moves that could occur when trading.
A standalone purchase from Tim’s Alerts will get you access to the chatroom, as well as the mobile app that’s available on iOS and Android devices; texts, emails and push alerts as well as a daily watchlist of stocks.
from Tim Sykes: The Pennystocking Silver Package
Pennystocking Silver is the highest-quality, upgraded version of the Tim’s Alerts package. Priced at $149.95 per month, this is a great option for investors who are invested in penny stock trading. Pennystocking Silver includes all the basic features found in prior plans, such as swing trading alerts and unlimited access to a library of more than 7,000 instructional videos and new videos released weekly.
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The following video is from “Superman” Paul Scolardi: Superman Alerts
Scolardi who is known under the alias “Superman,” is a swing trading professional with an eye for small-cap monumental stocks and crazy-accurate marketing forecasts. Through the years since he began as a trader, Superman has amassed over $5.5 million in all-time trading earnings. Timothy Sykes Dvd Cost
The Superman Alerts package is his offer of the most essential features and trading alerts targeted to those interested. For $147 per month, you’ll gain access daily stock watchlist that is premarket as well as the mobile app, the daily market updates in real-time, as well as email and SMS alerts.
The film “Superman” Paul Scolardi: Superman Pro
At $247/month, you get additional features and access to a knowledgeable base provided by Superman himself through the Superman Pro package. In addition to the basic features featured in the Alerts package, Superman Pro gives you weekly video lessons, including the growing collection of previous lessons. In addition you’ll also gain the ability to access premium reports on research as well as the IPO and earnings tracker.
Profit.ly Programs and Costs
If you’re ready to join the online trading community and leave a mark in the field, Profit.ly has the right amount of resources to help you started. The platform offers three membership levels, each designed for traders at different levels. Let’s look at what the three levels are and what they’ll cost you.
Novice Plan
The package called Novice is Profit.ly’s basic plan that is designed specifically for people who are brand new to the trading world. Once you have signed up for this plan, you will be immediately given a slew of robust and essential trading tools, each of them integral in keeping your fingers on what we can describe as a cutthroat procedure in its own.
Among the list of things you can do with Profit.ly’s Novice package is the ability to verify the results of your trades and track profit and follow-up, leading and even chatting with other traders; and giving feedback on the trades of today. You’re also allowed to get on leaderboards, analyze the results of your analysis, sort, or filter the trades you make; and, finally, see other people’s statistics.
The Novice plan will cost $29.95 per monthly payment. Although it might look appealing simply because of the price but there’s a disadvantage. It isn’t possible to create a private account, making your personal information public. If you’re looking to have access to this feature, stay tuned as we introduce to you Profit.ly’s next plan.
The Trader Plan
The Trader package lets users to benefit from a majority of features from the novice plan. This plan allows that you are able to create a private profile to share with fellow associate users all your knowledge and knowledge you gain from this trading group.
The price is $49.95/month, Profit.ly’s Trader plan does what the name suggests caters for those looking to develop their expertise in trading. As nice as it seems however, there’s a crucial element that’s missing. Unlike the previous Novice package, you will not be able to view other traders’ stats, which could be a problem for those eager to try this new tier. Timothy Sykes Dvd Cost
Pro Plan
The Professional plan can be described as the most premium package that Profit.ly could offer for seasoned traders. At $74.95 monthly, and an additional 22% discount for annual billing This plan offers everything. You will have full, unrestricted access to all the features from the two previous plans.
You’re not only able to see other users’ stats, but you’re also given the chance to create a private profile. Both of these features, on top of all the advantages that you can utilize to the maximum extent. If you’re looking for an option that gives all the features you need to be an experienced trader, the Pro tier could be ideal for you!
Profit.ly’s Other Services
In addition to the tools for training and leaderboards, Profit.ly provides a variety of other services they provide. One of those is its online store, which lets users pick from a range of videos created to provide guidance on the nuances and pitfalls of trading. All of the products featured in this section of the website is available to be purchased immediately for personal use. Some of these include bestsellers like the “Trading Tickers” series by trader expert Tim Grittani, Timothy Sykes’s collection of DVDs, streaming-only content on penny stocking, short stocking, and all other related to trading, videos and footage from the Annual Pennystocking Conference, and other products by expert traders.
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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 the chat room as you can find it throughout messaging and social platforms, and also on a few specialty websites that offer live chat support. But in Profit.ly, it is seen as a place where gurus and their members trade and learn in real time. Every guru has their own way in operating their chat room and dealing with the listed members. One of them may be more laid back and rarely engaged, while another could be more active and in touch in their interactions with students. Consider chat rooms as Profit.ly’s version of a forum, in essence.
Who is the best trader to Profit.ly?
Profit.ly’s variety of offerings and features caters to the wide range of stock traders, from beginners to experienced pros. Given the wide range of options it can provide it is certain to have something for all.
Newbies, for instance, will appreciate Profit.ly’s collection of educational content offered throughout the platform. In addition, they will be provided with videos every week and chat room tips from the in-house experts and members. Additionally, they can pick from the merchandise available from its online store to carry with them wherever they go. They can also gain hands-on experiences from trading within the platform, however they’ll be able to realize that trading is a high stakes game that shouldn’t be taken as an opportunity to make fun of.
For the traders with many years of experience down the line, we believe Profit.ly as equally as suitable to them as the newcomers. While the newbies may not be as proficient in managing trading but the experts already know how it works along with the plethora of risks that come with it. In the ideal scenario, they can make use of Profit.ly’s array of features to their full advantage to improve their trading abilities. Like beginners, they can study from the gurus and experts and utilize those quick tips and tidbits to help them along.
Profit.ly’s “all-in” approach does not only apply to beginners as well as semi-seasoned traders. Experts who have been verified can also participate in the enjoyment! Trade professionals who are on the same level as Superman or Tim Sykes can also use Profit.ly’s capabilities. Profit.ly’s capabilities to display their skill to others in order to guide them through the ever-illustrious trading process. Timothy Sykes Dvd Cost
Profit.ly’s Pros and Cons
The Pros
- Profit.ly’s diverse capabilities as a “one-stop’ stock trading platform allows it to provide traders everywhere with a wealth of education, communication, and trading tools
- You will be taught by experts and tips from the inside experts, as well as libraries of educational videos and trading in real-time.
- You can be sure of complete transparency through Profit.ly by using accurate data as well as other traders ready to call you out whenever something happens
- The leaderboard feature of the platform offers you the opportunity to increase your credibility as a trustworthy and verifiable trader
- Apart from its core abilities, Profit.ly also gives its customers extra options that can be tailored to their needs, like posting unverifiable trades through screenshots
- Profit.ly’s diverse range of packages and subscription levels are priced at affordable rates There is truly something for everyone
The Cons
- Profit.ly’s bountiful stream of packages and products offered may seem overwhelming for a lot of its customers
- As traders may opt to post any kind of trade, there’s the possibility that some of them may take advantage by cherry-picking the best trades to improve their ratings – this may be a concern that should not be simply overlooked
- Profit.ly does not offer refunds as the premium customers will immediately benefit from the many services the platform has to offer
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The Final Concluding Question: Is Profit.ly Worth It?
If we were able to come up with an answer to this question, it’s yes. However, you must realize that the platform should not be used as a get-rich-quick scheme. It wasn’t meant to be designed in this way. Instead, you should have the ability to think with an open heart. Timothy Sykes Dvd Cost
What we are referring to by ‘yes’ is that it can be a great learning tool. For those who are struggling, they might find Profit.ly’s variety of resources useful when they try their best to reduce loss and perform better than they did before. It’s not only the struggling traders who will benefit from the platform. It is able to accommodate novices and even experts!
If you really want to become better at trading and wish to be taught by your mentors and peers on the way, look no further – Profit.ly is a fantastic option to begin.
FAQ Timothy Sykes Dvd Cost
How do you use Profit.ly to post your trades?
Profit.ly has a trade entry portion in the “My Trade section of the dashboard that lets you record your trades that are verified or not. There are three choices:
- Linking your account to the brokerage of choice and then importing transactions directly through there
- Manually inputting your trades with specified spaces and information.
- Take a photo of your transactions
What can I do to determine if the trade is verifiable or not?
If you buy your trade through a reliable brokerage, there is the chance that it is verifiable. This is shown by the blue check mark. If you submit it in a manual way or by taking pictures, it will be classified as unverified.
The downside of having an unauthenticated trade is the risk of receiving downvotes from friends and colleagues. If you receive too many negative votes, it could cause you to be listed in the Madoff leaderboard, where users can detect who’s being dishonest in posting trades.
Does the Profit.ly mobile app still in use?
As of the moment, Profit.ly is still available to download from the Apple App Store and on the Google Play store. The mobile version of the app is compatible with most working smartphones and tablets.
How many people are connected to Profit.ly?
Profit.ly is currently home to over 150,000 investors and traders since they’re not just seeking to make the most profit but also assist each other to grow and learn more about acquiring opportunities in the stock market both right and left.
