Stock trading is an extremely risky game. Some days, you might have the benefit of positive and satisfying numbers. On other days, however you may experience the opposite and it can be extremely difficult to get back to the point you were at your best. If you are always in the mud, you will have to recognize that relying on instinct and survival may not always be enough.
If you’ve suffered occasional losses You’ll need sound advice from tried-and-tested trading experts. You’re also gonna need an enormous boost from your fellow traders from around the globe, which is why we’ve found an option that can help you to improve your performance within the field. We’ll take a 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.
Total Rating: 4.1/5 Timothy Sykes Dvd Price
User Experience: 4.5/5
Profit.ly can be described as an online platform for trading that enables traders of all levels to be informed responsible, transparent, and to build relationships with each other by offering a wide variety of tools and features including chat rooms, trade verification as well as an extensive library of educational material.
What exactly is Profit.ly?
Profit.ly is a site for trading that functions as a training and learning platform for people who are just beginning their journey and also as a platform for traders with experience to keep track of their performance through the use of advanced analytics tools. Offering users a broad array of options to facilitate trade and communication and letting traders from every field of business connect with each other. It offers gurus with worthwhile investments within the confines that the site. Consider it the social media equivalent to Facebook and Reddit, but for traders and experts.
Profit.ly independently validates trade performance and posts all the data of them in the manner of leaderboards. The platform’s trading model is based on trust and transparency. it makes sure that transactions are legitimate and will not accept fake news as long as it is possible. It was created many years ago by penny stock trade expert and investment expert Timothy Sykes, along with his colleague Michael Mosseri.
One time during his interview for Forbes magazine, Sykes said that Profit.ly was motivated by its focus “on showing all trades, something that was never prior to.” The idea was, he said, serving two goals: 1.) creating public track records for not just the gurus, but also the newsletter writers and students and secondly) making it possible for everyone on the platform to gain insight into both the wins and losses for the trading industry’s benefit. Timothy Sykes Dvd Price
How Does It Perform?
Profit.ly follows a subscription-based model that lets stock traders gain access to a multitude of services and features geared at achieving success. You may set up an account for free, but you’re limited to access to the leaderboard and follow the activities of non-gurus. If you’re interested in investing your money to see what stocks the experts are trading in real time You’ll need to sign up to one of Profit.ly’s offerings that we’ll discuss in the near future.
Making an account simple: Create an account that includes your personal information and skills, join to 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 it is designed to provide its users a look at their performance as a trading group and its gurus. You’re not just allowed to show value to a group of traders. You can also utilize Profit.ly to buy from a guru with the assurance that you’re comfortable with their expertise and the legitimacy of their claims.
If you’re not comfortable with the idea of divulging the details of your broker account you can opt to post your trades, either verified or not, by taking pictures. Included in Profit.ly are a variety of courses in trading as well as the ability to look at stats in a trader’s profile as well as other ways to interact with your experts via chatrooms along with text and e-mail alerts and updates.
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Meet the Founder: Tim Sykes
Timothy Sykes is a well-renowned day trader who is well-known for his efforts in trades in penny stocks. According to Investopedia, a penny stock refers to a small company’s stock which trades at under $5 for each share. The penny stock market could be viewed as a stepping stone for small companies to move to a large marketplace as they can access capital from the general public. However, don’t get it wrong – it can also be a high-risk game, which Sykes will be able to tell you because of his decades of experience.
From his beginnings in his late years in High School, Tim Sykes has, since then, made an estimated $6 million profits during his long and successful career as a trader. At the age of 25, he had been given more exposure and a wider impact when he was a part of the reality series “Wall Street Warriors.” He then took advantage of it to establish trading rooms and penny stock themes and educational material aimed at those who are new to the trading field. He also played a role in establishing Profit.ly as a platform for openness, and for the community to lift each other up and compete through the platform.
The Profit.ly Gurus
One of Profit.ly’s most appealing features is the wide range of education tools, trade alerts as well as other useful information provided by the in-house experts of the platform. Gurus are referred to the experts in trading who have proven to make substantial amounts of money from their combined years of experience. Timothy Sykes Dvd Price
At its height, Profit.ly had housed up to five gurus, each of them a professional in their niche in the field of trading. Some of the prominent experts were Connor Bruggermann, Nathan Michaud of Investors Underground, and Triforce, among a few others. As of this 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. In light of that, let’s take a look at the packaged offers each guru can offer.
From Tim Sykes Tim Sykes
Sykes offers an essential stock trading service which focuses on penny stock day trading through Tim’s Alerts. At $74.95 per month, you’ll see him focus on the fundamental stock catalysts and use them to anticipate the next possible moves in making trades.
A single purchase from Tim’s Alerts will get you access to the chatroom, as well as the mobile app that’s available on iOS as well as Android devices, texts, emails and push alerts and a daily stock watchlist.
Tim Sykes: From Tim Sykes: The Pennystocking Silver Package
Pennystocking Silver is the most premium version, with an upgraded version of Tim’s Alerts package. It costs $149.95 monthly, this is a great option for those who are more committed to the penny-stock market. Pennystocking Silver comes with all the standard features found in prior plans, such as swing trading alerts as well as unlimited access to a rich library of more than 7,000 instructional videos and new videos released every week.
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The following video is from “Superman” Paul Scolardi: Superman Alerts
Scolardi, who goes by the alias “Superman,” is a trader who has an eye for small-cap monumental stocks and crazy-accurate marketing forecasts. Since he began as a trader, Superman has amassed over $5.5 million in total trading earnings. Timothy Sykes Dvd Price
The Superman Alerts package is his package of vital features and trading alerts targeted toward those who may be interested. For $147/month, you’ll get access daily premarket stock watchlist along with the mobile application, daily market commentary in real-time, as well as SMS and e-mail alerts.
The film “Superman” Paul Scolardi: Superman Pro
At $247/month, you get additional features, as well as access to a knowledgeable base provided by Superman himself via the Superman Pro package. In addition to the basic features included in the Alerts package, Superman Pro gives you weekly video lessonsthat include a growing library of all the previous ones. On top of that you’ll also have access to premium research reports and the IPO and earnings tracker.
Profit.ly Plans and Costs
If you’re looking to join the online trading community and make a mark on the field, Profit.ly has the right amount of resources to get you up and running. The platform offers three membership levels, each designed for traders with different levels. Let’s take a look at what these three tiers are and how much they’ll cost you.
This package for novices is Profit.ly’s beginning-of-the-line plan specifically for those who are new to the trading world. Once you have signed up for this plan you’ll be provided with a variety of powerful and indispensable trading tools, each of which is essential to keep your fingers on what we call a competitive procedure in its own.
Among the list of things you can accomplish using 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 leaving feedback on today’s trades. You’re also allowed to get on leaderboards; analyze your trades, sort as well as filter trades and lastly, look at other’s stats.
The Novice plan will cost $29.95 per month. Although it might look appealing for the price alone, there is a downside. You can’t create a private account, making your activities publicly available. If you’re looking to have access to this feature, stay tuned as we introduce to you Profit.ly’s new plan.
The Trader Plan
The Trader package lets users to benefit from a majority of features from the Novice plan. It is in this plan that you can create an individual profile that allows you to share with other associate users all your knowledge and information you have gained from this trading group.
Costing $49.95/month, Profit.ly’s Trader plan does what the name suggests catering for those looking to harness their skills in trading. Although it’s a nice thing however, there’s a crucial element that’s missing. In contrast to the Novice package, you will not be able to view the statistics of other traders this might be a drawback for some who may be eager to try this new tier. Timothy Sykes Dvd Price
The Pro plan is the highest premium package that Profit.ly could offer for seasoned traders. It costs $74.95 each month with an additional 22% discount for annual billing the Pro plan has it all. You get full, no-holds-barred access to all the features of the previous plans combined.
You’re not only able to see other users’ stats and data, but you also have the option of creating your own private profile. Both of these features, plus the other advantages that you can utilize to their fullest capacity. If you’re in search of an account that will give all the features you need to be a skilled trader, maybe the Pro tier could be the right choice for you!
Profit.ly’s Other Services
In addition to the training tools and the leadersboards Profit.ly has a few additional services that it can provide. One of these is its online store, where customers can select from a variety of video products created to help you understand the nuances and pitfalls of trading. All of the products featured in this section of the site can be immediately purchased for personal use. Among these products include best-sellers such as the “Trading Tickers” series by trading specialist Tim Grittani, Timothy Sykes’s collection of DVDs and streaming-only content on short stocking, penny stocking, and all other things trading-related, clips and footage taken from the Annual Pennystocking Conference, and other products by expert traders.
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The integrated chat rooms are also part of Profit.ly’s array of features and services. You’re probably familiar with the concept of chat rooms since you will see it on social and messaging platforms as well as some specialty websites that offer live chat support. But on Profit.ly the chat room is viewed as a hands-on area where experts and member traders can communicate and learn in real time. Each guru has their style in operating their chat room and dealing with the listed members. One might be more laid back and not very often active, while another may be more online and communicative to their pupils. Consider chat rooms as Profit.ly’s version of the forum in essence.
Who is the best Trader for Profit.ly?
Profit.ly’s diverse range of products and features cater to a large variety of stock trader types, from novices to experienced professionals. Considering the number of offers it can provide, the platform surely has something for all.
Newbies, for instance, will enjoy Profit.ly’s library of learning information available on the platform. They will also be enriched with weekly videos and chat room advice by its internal gurus as well as their members. They’ll also be able choose from the items in its online store for them to take wherever they may be. Additionally, they can gain practical experiences by trading through the platform, however they’ll realize that trading is a risky game that should not be viewed as an opportunity to make fun of.
For the traders with many years of experience down the line, we see Profit.ly equally suitable to them as the newcomers. While the newbies may not be as adept at handling trading matters but the experts already know how it works along with the risky mix associated with it. Ideally, they may utilize Profit.ly’s array of features to their full advantage to develop their trading abilities. Like beginners, they can learn from the experts as well as experts, and take advantage of short tips and tricks along the way.
Profit.ly’s “all-in” approach does not only apply to beginners or semi-experienced trader. Certified experts can also take part in the enjoyment! Those in the trading industry who are at the same level as Superman as well as Tim Sykes can also use the power of Profit.ly’s capabilities to display their expertise to other traders as a way to guide them through the ever-illustrious trading process. Timothy Sykes Dvd Price
Profit.ly’s Pros and Cons
- Profit.ly’s diverse capabilities as a ‘one-stop’ stock trading platform allows traders from all over the world with a wealth of education tools, communication, and trading tools
- You’ll be provided with excellent lessons and tips from the 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 with precise analytics as well as fellow traders that are waiting to reach 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 main features, Profit.ly also gives its customers extra options that can be tailored to their preferences, such as posting unauthentic trades via screenshots
- Profit.ly’s wide array of subscription levels and guru packages are priced at affordable rates There’s something for every person
- Profit.ly’s numerous packages and products offered may not be enough for a lot of its customers
- As traders may opt to make any type of trade, there is an opportunity that some them may take advantage by picking the most profitable trades to increase the rating – this may be a risk that shouldn’t be ignored.
- Profit.ly does not accept refunds because the premium customers will immediately benefit from the number of features the platform is able to provide
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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 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 designed to be used for this reason. Instead, you need to have an open mind. Timothy Sykes Dvd Price
What we do mean by ‘yes’ is that it is a fantastic learning tool. For those who are struggling, they might find Profit.ly’s variety of resources useful when they try their best to avoid losses and be more successful than they did before. It’s not only the struggling traders who will profit from the platform. It is able to accommodate novices and even experts in the field!
If you truly care about being a better trader and want to learn from your mentors and peers on the way, look no further – Profit.ly could be a good option to begin.
FAQ Timothy Sykes Dvd Price
How do you use Profit.ly to publish your trades?
Profit.ly has the option of allowing trade entries under the “My Trade’ category of the dashboard. It lets you record your trades, verifiable or not. There are three choices:
- Linking your account to the broker of choice and import trades directly from there
- Manually entering your trades using the spaces provided and details
- Send a screen shot of your trades
What can I do to determine if the trade is verifiable or not?
If you purchase your trade from a trusted brokerage, there is the probability that it’s verifiable. This is indicated with the small blue check. If you submit it in a manual way or by taking screenshots, it will automatically be classified as unverified.
The drawback of posting an unauthentic trade is the possibility of receiving downvotes from colleagues. Too many downvotes may cause you to show up at the top of the Madoff leaderboard, where people can detect who’s being untruthful in submitting trades.
Does the Profit.ly mobile application still available?
At the time of writing, Profit.ly is still available for download on the App Store for Apple and in the Google Play store. The mobile app version is compatible with the majority of working smartphones and tablets.
How many are on Profit.ly?
Profit.ly currently houses more than 150,000 investors and traders as they not only are seeking to make the most profit but also assist each other to develop and grow in their ability to take advantage of opportunities on the stock market both right and left.