Stock trading can be an extremely risky game. On certain days, you might enjoy the benefits of positive and satisfactory numbers. However, on other days it could be the reverse, and it may sometimes be extremely difficult to get back to where you were at your most productive. If you’re immersed in the water You will need to realize that relying on instinct and survival may not always be enough.
If you’ve been incurring loss from time to time You’ll need reliable advice from tested and tried trading experts. Also, you’ll need an important boost from colleagues in the market from all over the world, which is why we’ve identified an online platform that will help you in your growth within the field. We’ll take an in-depth look at Profit.ly is a well-known 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. To get a comprehensive overview of Profit.ly, you may still want to check out our article below.
Total Rating: 4.1/5 Timothy Sykes Dvd Pirate
Users Experience 4.5/5
Profit.ly is an online trading platform that enables traders of all levels to be informed responsible, transparent, and uplifting with each other through its broad variety of tools and features such as chat rooms, trade verification, and an enriched library of educational content.
What is Profit.ly?
Profit.ly is a trading site that functions as a training and learning platform for those who are starting out and as a hub for traders with experience to keep track of their performance with the help of advanced 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 an opportunity to invest in the right areas of the platform. Think of it as an online social media platform similar the likes of Facebook and Reddit but with a focus on experts and traders.
Profit.ly independently checks the performance of trades and then publishes the information of them in the manner of leaderboards. The platform for trading is built on trust and transparency. it makes sure that transactions are legitimate and will not allow for fraud as much as possible. It was created in the past by penny expert in stock trading and investment expert Timothy Sykes, along with fellow expert Michael Mosseri.
One time during his appearance in Forbes magazine, Sykes said that Profit.ly was motivated by its focus “on the transparency of the entire spectrum of trades, something which was never done before.” The idea, he added, served two purposes: 1) creating public track records for not just the gurus and newsletter writers and students and secondly) giving all users to gain insight into both the wins and losses to the benefit of the trading industry. Timothy Sykes Dvd Pirate
How Does It Work?
Profit.ly is a subscription-based platform that allows stock traders to benefit from a variety of features and services aimed toward success. You may set up an account on the site 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 in order to find out which stocks the gurus are trading in real time, you will need to join one of Profit.ly’s offerings, which we will discuss in the near future.
Setting up an account is simple: Create a profile with your experiences and expertise, connect your brokerage account, and you’ll be given the chance to climb your way up to at the very top of the list. Profit.ly’s leaderboard feature, as we’ve mentioned earlier it is designed to provide its users a glimpse of how the community of traders performs and its gurus. You’re not just allowed to demonstrate value to a group of traders. You can also utilize Profit.ly to buy with a professional with the confidence that you are confident of their knowledge and the credibility of their assertions.
If you are unsure about the idea of divulging the details of your broker account you may decide to share your trades, either verified or not, by taking photographs. Also included in Profit.ly are a variety of courses in trading and the capability to see statistics on a person’s profile, and more ways to interact with your experts through the chatroom along with notifications via email or text 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 efforts in trades in penny stocks. According to Investopedia, a penny stock refers to a small company’s stock that trades for less than $5 per share. The trading of penny stocks is an opportunity for small-scale businesses to make the transition into a larger market because it gives them access to capital from the general public. But don’t be mistaken – it can also be a high-risk game, which Sykes will be able to tell you through his many years of expertise.
Beginning at the end of his time in High School, Tim Sykes has, since then, made over $6 million of profit through his lengthy career as trader. When he was 25 years old Sykes was given greater exposure and an even wider impact when he became part of the reality TV show “Wall Street Warriors.” Then, he used the opportunity to create 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 place of transparency and to allow the community to rise and compete through the platform.
The Profit.ly Gurus
One of Profit.ly’s sweet inclusions is the vast array of learning tools, trade alerts and other helpful stuff provided by the company’s internal gurus. The gurus in question refer to the experts in trading who have proven to make significant amounts of profit from their combined years of expertise. Timothy Sykes Dvd Pirate
At its peak, Profit.ly had housed up to five gurus. Each of them a pro within their particular field in the trading industry. Some of the most famous experts 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: the founder of the penny stock market 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 has to offer.
From Tim Sykes Tim Sykes
Sykes provides an essential stock trading service which focuses on penny stock day trading through Tim’s Alerts. The cost is $74.95 monthly, you’ll be able to observe him focus on basic stock catalysts and employ them to anticipate the next move that is possible when trading.
A purchase on its own in Tim’s Alerts will get you access to the chatroom and the mobile app available to iOS as well as Android devices, as well as email, text and push alerts and a daily stock watchlist.
Tim Sykes: 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 the perfect plan for those who are involved in investing in penny stocks. Pennystocking Silver offers all the essential features that were included in the previous plan, which includes swing trading alerts as well as unlimited access to a rich library of more than 7,000 instructional videos that are updated every week.
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In “Superman” Paul Scolardi: Superman Alerts
Scolardi, who goes by the name “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 he began as a trader, Superman has amassed over $5.5 million in total trading profits. Timothy Sykes Dvd Pirate
The Superman Alerts package is his offer of the most essential features and trading alerts targeted towards those who might be interested. For $147 per month, you’ll gain an access to the day-to-day stock watchlist that is premarket and the mobile application, daily market updates in real-time, and email and SMS alerts.
From “Superman” Paul Scolardi: Superman Pro
At $247/month, you get additional features and access to a knowledgeable base provided by Superman himself, via his Superman Pro package. On top of the essentials featured in the Alerts plan, Superman Pro gives you weekly video lessons, including a growing library of all previous lessons. Additionally you’ll also have the ability to access premium reports on research and an IPO or earnings monitor.
Profit.ly Programs and Costs
If you’re looking to join the trading community on the internet and leave a mark in the market, Profit.ly has the right amount of resources to get you started. Profit.ly offers three membership levels that cater to traders with different levels. Let’s look at what the 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 to this plan you’ll be offered a range of strong and essential trading tools, each of which is essential to keep your fingers on what we can describe as a cutthroat process by itself.
Some of the features you can accomplish with Profit.ly’s Novice package include the ability to confirm the results of your trades and track profit as well as leading, following, and even messaging your fellow traders; and providing feedback on trades today. You can also get on leaderboards, analyze your trades, sort and filter your trades; and, lastly, view other’s stats.
The Novice plan will cost $29.95 per monthly payment. Although it might look appealing simply because of the price however, there’s a drawback. You aren’t able to create a personal profile, which makes your activities publicly available. If you do want to get an account with this option, be watching for us to introduce to you Profit.ly’s next plan.
The Trader package lets you to take advantage of many of the features of the Novice plan. It is in this plan that you can set up an individual profile that allows you to share with other associate users all the insights and intel in trader’s community.
The price is $49.95/month, Profit.ly’s Trader plan does what the name suggests: Cater to those who desire to improve their expertise in trading. As nice as it seems, there is one significant element that’s missing. Unlike the previous Novice package, you will not be able to see other traders’ stats, which might be a drawback for those eager to try this new tier. Timothy Sykes Dvd Pirate
This is by far the highest luxurious package Profit.ly offers to experienced traders. With $74.95 monthly, and a 22% discount when billed annually This plan offers everything. It gives you full, unlimited access to all the options of the prior plans.
Not only do you get to see other users’ stats and data, but you also have the chance to create a private profile. Both of these options, in addition to 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 an experienced trader, the Pro plan is ideal for you!
Profit.ly’s Other Services
Apart from the training tools and the leadersboards Profit.ly offers a number of other services they offer. One of those is its online store, which allows users to choose from a wide array of video products designed to inform and provide guidance on the nuances and pitfalls of trading. All of the products featured on this page of the website can be immediately purchased for personal use. These include best-selling products such as”Trading Tickers,” the “Trading Tickers” series from trading specialist Tim Grittani, Timothy Sykes’s collection of DVDs, streaming-only content about penny stocking, short stocking, and all other aspects of trading. There are also clips and footage from the Annual Pennystocking Conference, and other products by expert traders.
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The chat rooms that are integrated are included in Profit.ly’s variety of services and features. You may be familiar with the concept of the chat room as you can see it across social and messaging platforms, and also on a few specialty websites that provide live chat assistance. However, in Profit.ly the chat room is viewed as a real-time place where gurus and their member traders can communicate and learn in real time. Each guru has their style when it comes to running their chat room and dealing with the listed members. Some may be more laid back and less active, while another may be more interactive and online to their pupils. Think of the chat rooms as Profit.ly’s version of the forum, in essence.
Who is the Ideal Trader for Profit.ly?
Profit.ly’s diverse range of products and features caters to the wide range of stock traders, from beginners to experienced pros. With the variety of deals it has to offer, the platform surely has something for all.
Beginners, for instance, can take advantage of Profit.ly’s collection of educational information available on the platform. They will also get daily videos and chat room advice from its in-house gurus as well as their members. Additionally, they can choose from the items in its online store to carry with them wherever they go. You can also get hands-on experience trading on the platform, but eventually 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 those traders who have had years of exposure down the road, we consider Profit.ly equally suited to those who are just starting. Although the novices might not be as adept at dealing with trading issues but the experts already know the way it functions and the stack full of risks that come with it. Ideally, they may make use of Profit.ly’s range of options to their maximum advantage to improve their skills in trading. Like beginners, they can learn from the top experts and experts and utilize those simple tips and hints to help them along.
Profit.ly’s “all-in” approach isn’t limited to novices or semi-experienced trader. Experts who have been verified can also participate in the fun! People in the trade industry who are on the same level as Superman as well as Tim Sykes can also use up Profit.ly’s capabilities to showcase their skills to others as a way to assist them in the ever-changing trading process. Timothy Sykes Dvd Pirate
Profit.ly’s Pros and Cons
- Profit.ly’s numerous capabilities as a “one-stop” platform for trading stocks allows traders across the globe with a wealth of education, communication, and trading tools
- You’ll be taught by experts and insights from its internal experts, which include libraries of educational videos and trading in real-time.
- You’re assured of transparency throughout Profit.ly by using accurate data and fellow traders ready to call you out if something occurs.
- The leaderboard feature on the platform gives you the chance to establish your credibility as a trustworthy and authentic trader
- Apart from its core features, Profit.ly also gives its users extra options to suit their individual preferences, for instance, posting trades that are not authentic by taking screenshots
- Profit.ly’s variety of packages and subscription levels are priced at affordable rates There’s something for every person
- Profit.ly’s numerous products and packages offered might seem overwhelming for a lot of its customers
- Since traders can choose to open any kind of trade, there is a possibility that some of them could profit from selecting the best trades in order to improve their ratings This could be a concern that should not be overlooked.
- Profit.ly does not offer refunds because the premium customers will immediately benefit from the many features the platform is able to provide
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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’s an affirmative “yes”. But it is important to realize that this platform shouldn’t be viewed as a scheme to get rich quick. The platform was not always meant to be designed to achieve this goal. Instead, it is best to keep the ability to think with an open heart. Timothy Sykes Dvd Pirate
What we mean by ‘yes’ is that it can be a great learning tool. For those who are struggling, they might discover Profit.ly’s range of resources helpful as they do their best to avoid 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 in the field!
If you truly want to become a better trader and want to learn from your fellows and gurus along the way, then you should look no further than Profit.ly. Profit.ly could be a good option to begin.
FAQ Timothy Sykes Dvd Pirate
How do you use Profit.ly to publish your trades?
Profit.ly includes an entry section for trades under the “My Trade section of the dashboard which lets you record your trades that are verified or otherwise. There are three choices:
- Linking your account with your brokerage of choice and importing trades directly from there
- Manually entering your trades into provided spaces and specifics
- Send a screen shot of your transactions
How can I tell if the trade is verifiable or not?
If you import your trade through a reliable brokerage, there is the probability that it’s verifiable. This is shown by the small blue check. If you submit the information manually or via screenshots, it will automatically be assigned as unverified.
The downside of having an unauthentic trade is the chance of receiving negative feedback from fellow peers. Too many downvotes may result in you appearing in the Madoff leaderboard, where users can see who’s untruthful in submitting trades.
Is the Profit.ly mobile app still available?
At the time of writing, Profit.ly is still available to download via 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 are connected to Profit.ly?
Profit.ly currently houses over 150,000 traders and investors, since they’re not just looking to earn maximum profits but also to help one another grow and learn more about acquiring opportunities on the stock market all over the world.