Stock trading can be an extremely risky game. On certain days, you may enjoy the benefits of positive and satisfactory numbers. However, on other days, the opposite may happen and it could be very difficult to return to the point you were at your best. If you find yourself always in the mud, you will have to recognize that relying on your instincts and preserving is not always enough.
If you’ve suffered losses from time to time You’ll need reliable advice from tested and tried trading experts. Also, you’ll need an important boost from trading partners from all over the world, which is why we’ve found an online platform that will help you in your growth in the market. This review will be taking a look at Profit.ly is a well-known all-in-one 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 Prited
Value: 4.1/5
Quality: 4.1/5
Costs: 4.1/5
User Experience: 4.5/5
Summary
Profit.ly can be described as an online platform for trading that enables traders of different levels to be informed and accountable, as well as transparent and encouraging each other by offering a wide range of features and tools like chat rooms, trade verification and a rich library of educational material.
What is Profit.ly?
Profit.ly is a trading site which serves as a learning and education platform for those who are just beginning their journey as well as a place for experienced traders to track their performance through the use of cutting-edge analytics tools. Offering users a broad array of options for communication and trade and letting traders from every field of business connect with each other. It offers gurus with worthwhile investments within the confines of this platform. Consider it a social media site akin to Facebook and Reddit however it is geared towards traders and experts.
Profit.ly independently checks the performance of trades and posts all the data from them in the style of leaderboards. The platform’s trading model is based on transparency and honesty: it guarantees that the trades are authentic and won’t accept fake news as long as is humanly possible. It was established many years ago by penny stock trade expert and investment expert Timothy Sykes, along with fellow expert Michael Mosseri.
One time , during an interview for Forbes magazine, Sykes said that Profit.ly was based “on showing the entire spectrum of trades, something which has never been previously done.” The concept Sykes said served two purposes: 1) creating public track records for not just the gurus as well as newsletter writers and students and secondly) allowing all users to gain insight into both the wins and losses to benefit the industry of trading. Timothy Sykes Dvd Prited
How Does It Perform?
Profit.ly follows a subscription-based model that lets stock traders gain access to a multitude of tools and services that are geared toward achievement. You may set up an account there at no cost, however you’re limited to the capability to browse the leaderboards and monitor the actions of non-gurus. If you’re ready to invest your money in order to find out what stocks the experts are trading in real time, you will need to subscribe to any of Profit.ly’s deals that we’ll review in the coming days.
Making an account easy: create an account with your experience and skills, join your brokerage account, and you’ll be given 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 look at how the community of traders performs and its experts. It’s not only a chance to prove that you’re worthy to the group of traders, as you can also use Profit.ly to shop with a professional with the assurance that you’re comfortable in their skills and the veracity of their assertions.
If you’re not comfortable with the concept of leaking the details of your broker account you can choose to publish your trades, verified or not, via photographs. Included in Profit.ly is the huge selection of trading courses, the ability to view stats in a trader’s profile and other methods to interact with your experts via chatrooms in addition to email and text alerts as well as updates.
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Meet Tim Sykes, the founder: Tim Sykes
Timothy Sykes is a well-renowned day trading guru who is well-known for his efforts in trades in penny stocks. According to Investopedia, a penny stock refers to a small company’s shares that trade for just less than 5 cents per share. The trading of penny stocks could be viewed as an avenue for small companies to move into a larger market because they can access funds from the public. But don’t make the mistake of thinking that it can also be a high-risk game, which Sykes can surely tell because of his decades of experience.
From his beginnings in the latter years of the high schools, Tim Sykes has, since then, earned an estimated $6 million earnings through his lengthy career as trader. When he was 25 years old, he had been given more exposure and a wider impact when he became part of the reality series “Wall Street Warriors.” He made use of the show to develop trading rooms and penny stock themes and educational content geared toward those who are new to the trading field. He also played a role in establishing Profit.ly as a place for openness, and to allow the community to rise and compete against each other on the platform.
The Profit.ly Gurus
One of Profit.ly’s most appealing features is the variety of education resources, trade alerts, and other useful stuff offered by the company’s internal gurus. These gurus refer to the experts in trading who have proven to make significant amounts of profit through their years of knowledge. Timothy Sykes Dvd Prited
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 most prominent gurus included Connor Bruggermann, Nathan Michaud of Investors Underground, and Triforce, among a few others. As of this writing, however, 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. With that taken into consideration we’ll take a look at the packages each guru can offer.
From Tim Sykes Tim Sykes: Tim’s Alerts
Sykes provides basic stock trading services which focuses on penny-stock day trading via Tim’s Alerts. At $74.95 per month, you’ll observe him focus on fundamental stock catalysts and use them to predict the next possible moves in trading.
A single purchase from Tim’s Alerts will get you access to the chatroom and the mobile app available for iOS and Android devices, texts, emails and push alerts; and a daily stock watchlist.
from Tim Sykes: The Pennystocking Silver Package
Pennystocking Silver is the highest-quality version that has been upgraded of the Tim’s Alerts package. It costs $149.95 monthly, this is an ideal plan for those who are more invested in investing in penny stocks. Pennystocking Silver offers all the essential features of the previous plan, such as swing trading alerts and unlimited access to a library of over 7,000 educational videos and new videos released every week.
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In “Superman” Paul Scolardi: Superman Alerts
Scolardi, who goes by the alias “Superman,” is a swing trading professional with an eye for tiny-cap massive stocks as well as wildly 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 Prited
The Superman Alerts package is his package of vital features and alerts on trading geared towards those who might be interested. For $147/month, you’ll get access to the daily premarket stock watchlist and the mobile application, daily market commentary shown in real time, and SMS and e-mail alerts.
From “Superman” Paul Scolardi: Superman Pro
For the price of $247, you receive additional features and access to a knowledgeable base of information provided by Superman himself via the Superman Pro package. On top of the essentials featured in the Alerts plan, Superman Pro gives you daily video lessons, which include the growing collection of other previous ones. Additionally you’ll also gain an access to high-quality research papers as well as the IPO and earnings tracker.
Profit.ly Programs and Costs
If you’re eager to join the world of online trading and leave your mark on the market, Profit.ly has the right amount of tools to get you started. 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 will cost you.
Novice Plan
This package for novices is Profit.ly’s beginning-of-the-line plan specifically for those who are new to the trading world. When you sign up for this package, you will be immediately offered a range of strong and essential trading tools, all of which is essential to keep your fingers on what we call a competitive process in and of itself.
The list of features you can do using Profit.ly’s Novice package is the capability to check the results of your trades and track profit; leading, following and even texting your fellow traders, as well as leaving feedback on today’s trades. It also allows you to be onto leaderboards; study, sort, or filter the trades you make; and lastly, look at other’s stats.
The Novice plan costs $29.95 per month. While it may look attractive just by the price, there is a downside. You can’t create a private profile, which makes your personal information public. If you’re interested in have access to this feature, you should be watching for us to introduce to you Profit.ly’s next plan.
Trader Plan
The Trader package lets you to take advantage of a majority of features from the novice plan. It is in this plan that you can create an account that is private for sharing with fellow associate users all your knowledge and knowledge you gain from trader’s community.
Priced at $49.95/month, Profit.ly’s Trader plan will do what the name implies catering to those who desire to harness their skills in trading. As nice as it seems but there’s one important element that’s missing. In contrast to the Novice package, you will not be able view the statistics of other traders this might be a drawback for those who are anticipating this level. Timothy Sykes Dvd Prited
Pro Plan
The Pro plan is the most expensive plan Profit.ly offers to experienced traders. At $74.95 per month, and 22% off for billing annually This plan offers everything. You get full, no-holds-barred access to all the features of the previous 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, on top of all the benefits that you can use to the maximum extent. 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
Apart from the provided tools for training and leadersboards Profit.ly has a few additional services that it can provide. One of them is the online store, where customers can pick from a range of video products designed to inform and guide you through the ins and outs of trading. Each of the offerings listed in this section of the website can be purchased immediately for personal use. Among these products include best-sellers such as”Trading Tickers,” the “Trading Tickers” series from trading specialist Tim Grittani, Timothy Sykes’s collection of DVDs and streaming-only content related to short stocking, penny stocking, as well as all aspects of trading. There are also clips and footage taken from events like the Annual Pennystocking Conference, and products from other 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 are probably familiar with the concept of the chat room as you will see it on social and messaging platforms, in addition to a few special websites that offer live chat support. However, in Profit.ly it’s seen as a place where gurus and their members trade and share knowledge in real-time. Every guru has their own style in operating their chat room and dealing with the members there. One of them may be a laid-back person who is not very often active, while another might be more active and in touch in their interactions with students. Think of the chat rooms like Profit.ly’s version of a forum, in its essence.
Who is the ideal trader to Profit.ly?
Profit.ly’s diverse range of products and features caters to an array of stock traders, ranging from novices to the most experienced. Considering the number of offers it offers this platform definitely has something for every person.
For instance, newbies can take advantage of Profit.ly’s knowledge-based information available on the platform. They will also get daily videos and chat room tips from its in-house gurus and their members. Additionally, they can choose from the items in its online store for them to take wherever they go. They can also gain hands-on experiences by trading through the platform, however they’ll realize that the process is a high-stakes game that shouldn’t be treated as a joke.
For traders who have years of exposure down the line, we see Profit.ly equally suitable for them as it is for people who are just beginning. While novice traders may not be as adept at dealing with trading issues but the experts already know how it works and the plethora of risks that come with it. Ideally, they may use Profit.ly’s variety of options to their maximum advantage to enhance their trading abilities. Like beginners, they can learn from the top experts as well as experts, and take advantage of short tips and tricks to help them along.
Profit.ly’s “all-in” approach doesn’t just apply to newbies or semi-experienced trader. Certified experts can also take part in the enjoyment! Trade professionals who are on an equal level with Superman or Tim Sykes can also use Profit.ly’s capabilities. Profit.ly’s capabilities to display their skill to others in order to assist them in the ever-changing trading process. Timothy Sykes Dvd Prited
Profit.ly’s Pros and Cons
The Pros
- Profit.ly’s many capabilities as a “one-stop” stock trading platform enable traders across the globe with an abundance of knowledge tools, communication, and trading tools
- You get to be taught by experts and insights from its inside experts, as well as libraries of educational videos and real-time trading activities
- You’re guaranteed transparency throughout Profit.ly by using accurate data as well as fellow traders who are ready to reach you out whenever something happens
- The leaderboard feature of the platform offers you the opportunity to increase your reputation as a reliable and authentic trader
- In addition to its primary features, Profit.ly also gives its customers extra options that can be tailored to their needs, like posting unauthentic trades via photographs
- Profit.ly’s diverse range of packages and subscription levels are priced at a reasonable cost – there truly is something for every person
The Cons
- Profit.ly’s numerous products and packages offered might seem overwhelming for a lot of its users
- As traders may opt to make any type of trade, there is the possibility that some of them could profit from picking the most profitable trades to boost their rating this could be a concern that should not be overlooked.
- Profit.ly does not offer refunds because the premium customers are expected to immediately benefit from the many features the platform is able to offer
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The Final Concluding Question is: Is Profit.ly worth it?
If we could come up with an answer to this question, it would be a ‘yes’. However, you must realize that it shouldn’t be treated as a quick-fix scheme to make money. It wasn’t 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 Prited
What we do mean”yes” is that it can be a great learning tool. Those who may be stuck may find Profit.ly’s array of resources helpful in their efforts to reduce losses and be more successful than before. It’s not just the struggling traders that will benefit from this platform. It is able to accommodate novices and even experts!
If you truly want to become more successful in trading and would like to be taught by your peers and experts 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 Prited
How can you make use of Profit.ly to post your trades?
Profit.ly has the option of allowing trade entries in the My Trade category on the dashboard which lets you post 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 the spaces provided and details
- 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’s an excellent probability that it’s verifiable. This is shown by the blue check mark. If you post it manually or through screenshots, it will automatically be classified as unverified.
The disadvantage of an unauthenticated trade is the possibility of getting downvotes from your colleagues. A large number of downvotes could cause you to show up at the top of the Madoff leaderboard, where people can detect who’s being dishonest in posting trades.
Is the Profit.ly mobile application still available?
As of the moment, Profit.ly is still available to download from the Apple App Store as well as the Google Play store. The mobile version of the app is compatible with the majority of functioning tablets and smartphones.
How many people are connected to Profit.ly?
Profit.ly currently houses more than 150,000 investors and traders because they are not just looking to earn maximum profits but also to help one another grow and learn more about acquiring opportunities in the stock market all over the world.