Stock trading can be an exciting game with high stakes. On certain days, you might have the benefit of positive and satisfying numbers. However, on other days it could be the reverse and it can be very difficult to return to where you were at your peak. If you’re immersed in the water it is important to realize that relying on instinct and survival might not be enough.
If you’ve been incurring occasional losses and you’re likely to require reliable advice from tested and tried trading experts. You’re also gonna need a significant boost from your fellow traders from around the globe. That’s why we’ve identified an online platform that will help you to improve your performance in the market. This review will be taking a look at Profit.ly A well-respected one-stop 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 Dvd Download Free
Value: 4.1/5
Quality: 4.1/5
Costs: 4.1/5
The User’s Experience 4.5/5
Summary
Profit.ly offers an internet-based trading service that enables traders of various levels to be informative and accountable, as well as transparent and encouraging each other through its broad variety of tools and features such as chat rooms, trade verification and a rich library of educational material.
How do I define Profit.ly?
Profit.ly is a site for trading which serves 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 through the use of advanced analytics tools. Providing users with a wide range of resources for communication and trade and letting traders from all walks of life network with each other. It also allows gurus to make worthwhile investments within the confines that the site. Think of it as a social media site akin to Facebook and Reddit but with a focus on professionals and traders.
Profit.ly independently validates trade performance and publishes all data from them in the style of leaderboards. The platform’s trading model is based on trust and transparency. it ensures that the transactions are legitimate and will not allow for fraud as much as possible. It was established in the past by penny stock trade expert and investment expert Timothy Sykes, along with his colleague Michael Mosseri.
One time , during an appearance in Forbes publication, Sykes stated that Profit.ly was based “on showing every trade, something that was never prior to.” This idea was, he said, serving two purposes: 1) making public records for all traders, not just the gurus and newsletter writers and students and secondly) allowing all users to be enlightened by both the wins and losses for the trading industry’s benefit. Timothy Sykes Dvd Download Free
How Does It Work?
Profit.ly follows a subscription-based model that lets stock traders benefit from a variety of services and features geared towards achieving success. It is possible to create an account for free, but you’re only limited to having the capability to browse the leaderboard and follow the activities of people who aren’t gurus. If you’re interested in investing your money in order to find out which stocks the gurus are trading in real time it is necessary to subscribe to any of Profit.ly’s offerings, which we will review in the coming days.
The process of opening an account is easy: create an account with your experience and expertise, connect to your brokerage account, and you have yourself a chance to shoot your way to at the very top of the list. Profit.ly’s leaderboard feature, as mentioned previously it is designed to provide its users a glimpse of their performance as a trading group as well as its experts. It’s not just a way to prove value to a group of traders. You are also able to use Profit.ly to buy from a guru with the assurance that you’re comfortable with their expertise and the veracity of their claims.
If you are unsure about the concept of leaking the details of your broker account you may decide to share your trades, whether verified or not, by taking pictures. Included in Profit.ly are a variety of trading classes and the capability to see the stats of a trader’s account, and more ways to interact with your experts in the chatroom, in addition to text and e-mail alerts and updates.
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Meet Tim Sykes, the founder: Tim Sykes
Timothy Sykes is a well-renowned day trading guru who is famously known for his involvement in the penny-stock market. According to Investopedia the term “penny stock” refers to a small-sized company’s shares that trade for less than $5 per share. The penny stock market can be seen as an opportunity for small companies to move to a large marketplace as it allows them to access funds from the general public. But don’t make the mistake of thinking that it’s also an extremely risky activity, as Sykes will be able to tell you thanks to his years of experience.
From his beginnings at the end of his time in high school, Tim Sykes has, since then, made more than $6 million in profits through his lengthy career as trading professional. When he was 25 years old, he had been given more exposure and a wider influence over time as a participant in the reality series “Wall Street Warriors.” Then, he used the opportunity to establish trading rooms, penny stock themes, and educational content geared toward people who are brand new to trading. He also helped to establish 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 wide range of learning tools, trade alerts and other useful stuff offered by the company’s internal gurus. Gurus are referred to the trading experts who have proven to make substantial profits from their combined years of knowledge. Timothy Sykes Dvd Download Free
At its height, Profit.ly had housed up to five gurus, each of them an expert within their particular field in the trading industry. Some of the most famous experts were Connor Bruggermann, Nathan Michaud of Investors Underground, and Triforce among others. At the time of writing only two gurus remain on the 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, let’s take a look at what packaged deals each guru can offer.
From Tim Sykes: Tim’s Alerts
Sykes offers basic stock trading services with the main priority being penny stock day trading through Tim’s Alerts. The cost is $74.95 monthly, you’ll be able to see him concentrate on the basic stock catalysts and employ them to predict the next move that is possible when trading.
A single purchase in 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 version that has been upgraded of the Tim’s Alerts program. It costs $149.95 for a month it is an ideal plan for those who are more invested in the penny-stock market. Pennystocking Silver includes all the basic features found in prior plans, which includes swing trading alerts and unlimited access to a collection of more than 7,000 educational videos that are updated every week.
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In “Superman” Paul Scolardi: Superman Alerts
Scolardi, who goes by the alias “Superman,” is a professional in swing trading with an eye for massive stocks of the small-cap size and insanely accurate marketing forecasts. In the time since the time he started trading, Superman has amassed over $5.5 million in all-time trading profits. Timothy Sykes Dvd Download Free
The Superman Alerts plan is an offering of essential 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, daily market updates in real time, and email and SMS alerts.
The film “Superman” Paul Scolardi: Superman Pro
For the price of $247, you receive additional features and access to a knowledgeable base that is provided by Superman himself via Superman Pro. Superman Pro package. In addition to the basic features that are included in the Alerts package, Superman Pro gives you weekly video lessonsthat include the growing collection of previous lessons. In addition you’ll also have an access to high-quality research papers and the IPO or earnings monitor.
Profit.ly Programs and Costs
If you’re eager to join the online trading community and leave a mark in the field, Profit.ly has the right amount of tools to get you started. Profit.ly offers three membership tiers that cater to traders of 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 those who are new to the trading community. Once you have signed up for this package, you will be immediately provided with a variety of powerful and essential trading tools, all of them integral in keeping your fingers on what we call a competitive procedure in its own.
Some of the features you can do with Profit.ly’s Novice package include the capability to check the results of your trades and track profit; leading, following, and even messaging other traders; and giving feedback on the trades of today. It also allows you to be on leaderboards, analyze your trades, sort or filter the trades you make; and lastly, look at the statistics of other traders.
The Novice plan is $29.95 per month. Although it looks attractive for the price alone, there is a downside. It isn’t possible to create a private account, making your personal information public. If you’re interested in gain access to this feature, you should stay tuned as we introduce to you Profit.ly’s next strategy.
Trader Plan
The Trader package allows you to take advantage of the majority of features available in the Novice plan. It is in this plan that you can set up a private profile to share with fellow associate users all the insights and knowledge you gain from this trading group.
Costing $49.95/month, Profit.ly’s Trader plan does what the name suggests: Cater 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 view other traders’ statistics, which could be a problem for those who are looking forward to this tier. Timothy Sykes Dvd Download Free
Pro Plan
This is by far the highest luxurious package Profit.ly can offer to experienced traders. It costs $74.95 per month, which includes an additional 22% discount when billed annually the Pro plan has it all. You get full, no-holds-barred access to all the features of the prior plans.
Not only do you get to look at other people’s statistics as well, you’re also offered the chance to create an individual profile. Both of these options, in addition to the advantages that you can utilize to the maximum extent. If you’re looking for an account that will give all the features you need to be a skilled trader, maybe the Pro plan is for you!
Profit.ly’s Other Services
Apart from the tools for training and leadersboards Profit.ly provides a variety of other services they offer. One of those is its online store, which allows users to choose from a wide array of instructional videos that are designed to inform and provide guidance on the nuances and pitfalls of trading. All of the products featured in this section of the site can be purchased immediately for personal use. Some of these include bestsellers like”Trading Tickers,” the “Trading Tickers” series by trading expert Tim Grittani, Timothy Sykes’s collection of DVDs, streaming-only content related to short stocking, penny stocking, and all other aspects of trading. There are also clips and clips of events like the Annual Pennystocking Conference, and items from other experts in trading.
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Chat rooms integrated into Profit.ly are as well part of Profit.ly’s range of features and services. You may be familiar with chat rooms since you can see it across social and messaging platforms and also on a few specialty websites that offer live chat assistance. But in Profit.ly, it is seen as a place where gurus and their members trade and exchange knowledge in real-time. Each guru has their style in operating their chat room and dealing with the listed members there. Some may be more laid back and less active, while another might be more online and communicative with their students. Think of chatrooms as Profit.ly’s version of the forum in essence.
Who is the Ideal Trader for Profit.ly?
Profit.ly’s variety of offerings and features cater to the wide range of stock traders, from novices to the most experienced. Given the wide range of options it can provide it is certain to have something for everyone.
Newbies, for instance, will appreciate Profit.ly’s knowledge-based materials available across the platform. They will also be provided with videos every week and chat room tips from the in-house experts and their members. They’ll also be able to choose from the items on its store online that they can take with them wherever they may be. Additionally, they can gain practical experiences from trading within the platform, however they’ll be able to realize that the process is a high-stakes game that shouldn’t be treated as an opportunity to make fun of.
For the traders with years of exposure down the line, we see Profit.ly as equally as suitable for them as it is for the newcomers. Although the novices might not be as well-equipped with handling trading matters however, experienced traders know how it works along with the stack full of risks that it carries. Ideally, they may utilize Profit.ly’s variety of features to their full advantage to develop their trading abilities. Like beginners, they can study from the gurus and experts and utilize those quick tips and tidbits throughout the process.
Profit.ly’s “all-in” approach doesn’t just apply to newbies and semi-experienced traders. Certified experts can also take part in the fun! Those in the trading industry who are at similar levels to Superman or Tim Sykes can also use up Profit.ly’s capabilities to showcase their skills to others in order to navigate them through the ever-changing trading process. Timothy Sykes Dvd Download Free
Profit.ly’s Pros and Pros and
The Pros
- Profit.ly’s numerous capabilities as a “one-stop’ platform for trading stocks allows traders from all over the world with an abundance of knowledge tools, communication, and trading tools
- You’ll be taught by experts and insights from its inside experts, as well as collections of educational videos as well as live trading activity.
- You can be sure of complete transparency through Profit.ly by using accurate data as well as fellow traders that are waiting to reach you when something goes wrong.
- The leaderboard feature on the platform gives you a way to build your credibility as a trustworthy and verifiable trader
- Apart from its main abilities, Profit.ly also gives its users extra options to suit their individual preferences, for instance, posting unverifiable trades through images
- Profit.ly’s wide array of packages and subscription levels are priced at affordable rates There is truly something for everyone
The Cons
- Profit.ly’s abundance of products and packages offered might not be enough for the majority of its customers
- If traders decide to post any kind of trade, there is a possibility that some of them will profit by picking the most profitable trades to boost their rating this could be a problem that shouldn’t be simply overlooked
- Profit.ly will not allow refunds because the premium customers are expected to immediately take advantage of the numerous services the platform has to offer
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The Final Concluding Question: Is Profit.ly worth it?
If we could come up with an appropriate answer for this query, it would be an affirmative “yes”. However, you must realize that this platform shouldn’t be viewed as a scheme to get rich quick. The platform wasn’t originally designed to be used to achieve this goal. Instead, you need to have the ability to think with an open heart. Timothy Sykes Dvd Download Free
What we are referring to”yes” is it is a fantastic learning tool. Those who may be stuck could discover Profit.ly’s variety of resources to be helpful as they do their best to incur lesser losses and be more successful than they did before. It’s not only the poor traders that can benefit from this platform. It can accommodate beginners and even experts!
So, if you genuinely desire to be more successful in trading and would like to be taught by your peers and experts throughout the process, then take a look at Profit.ly. Profit.ly is a fantastic alternative to start.
FAQ Timothy Sykes Dvd Download Free
How do you use Profit.ly to publish your trades?
Profit.ly includes an entry section for trades under the ‘My Trade category on the dashboard. It lets you post your trades, either verified or otherwise. You may choose between three choices:
- Linking your account to the brokerage of choice and then importing transactions directly through there
- Manually inputting your trades with provided spaces and specifics
- Send a screen shot of your transactions
How do I know if the trade is verifiable or not?
If you buy your trade from a trusted brokerage, there’s the probability that it’s verifiable. This is shown by the blue check mark. If you post the information manually or via images, it will be classified as unverified.
The downside of having an unauthentic trade is the possibility 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 fraudulent in posting trades.
Is the Profit.ly mobile app still available?
At the time of writing, Profit.ly is still available to download via the App Store for Apple and in the Google Play store. The mobile app version is compatible with the majority of operating tablets and smartphones.
How many people are currently connected to Profit.ly?
Profit.ly currently houses over 150,000 investors and traders, as they not only are seeking to make the most profit but also assist each other to learn and improve in acquiring stock market opportunities all over the world.