Stock trading can be an extremely risky game. Some days, you might enjoy the benefits of positive and satisfying numbers. On other days it could be the reverse and it can be very difficult to get back to where you were your peak. If you are constantly stuck in the gutter, you will have to realize that relying on pure instinct and preservation is not always enough.
If you’ve been incurring loss from time to time, you’re gonna be needing sound advice from tried-and-tested trading experts. You’re also gonna need a significant boost from your colleagues in the market from all over the world, which is why we’ve found an option that can help you in your improvement in the industry. In this review, 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.
Overall Rating: 4.1/5 Timothy Sykes Dvd
Users Experience 4.5/5
Profit.ly is an online trading platform that allows traders of different levels to be knowledgeable and accountable, as well as transparent and uplifting with each other by offering a wide range of features and tools including chat rooms, trade verification, and an enriched library of educational material.
What is Profit.ly?
Profit.ly is a trading website that functions as a learning and education platform for people new to trading as well as a place for traders with experience to keep track of their performance with the help of sophisticated analytics tools. Providing users with a wide array of options for communication and trade that help traders from all walks of life connect with each other. It offers gurus with an opportunity to invest in the right areas that the site. Think of it as a social media site akin the likes of Facebook and Reddit, but for professionals and traders.
Profit.ly independently validates trade performance and posts all the data from them in the style of leaderboards. The trading platform is built on trust and transparency. it makes sure that trades are valid and won’t allow for fraud as much as it is possible. It was established years ago by the penny expert in stock trading and investment guru Timothy Sykes, along with fellow expert Michael Mosseri.
In an appearance in Forbes magazine Sykes declared that Profit.ly was based “on showing all trades, something that was never previously done.” The concept Sykes said served two goals: 1.) making public records for all traders, not just the gurus as well as newsletter writers and students, and 2) making it possible for everyone on the platform to be enlightened by both the wins and losses for the trading industry’s benefit. Timothy Sykes Dvd
How Does It How Does It
Profit.ly follows a subscription-based model which allows stock traders to gain access to a multitude of services and features geared towards achieving achievement. You may set up an account for free, but you’re limited to access to the leaderboard and observe the activities of people who aren’t gurus. If you’re looking to invest your money and see what stocks the experts are trading in real time it is necessary to subscribe to any of Profit.ly’s offers that we’ll go over shortly.
The process of opening an account is simple: Create a profile with your experiences and knowledge, then connect to your brokerage account, and you’ll be given a chance to shoot your way up to the top of the leaderboard. Profit.ly’s Leaderboard function, which was mentioned previously it is designed to provide its users a glimpse of the performance of the trading community as well as its experts. You’re not just allowed to prove value to a group of traders, as you can also utilize Profit.ly to buy from a guru with the assurance that you’re confident in their skills and the credibility of their assertions.
If you feel uneasy with the idea of divulging the details of your broker account then you could decide to share your trades, either verified or not, by taking pictures. In Profit.ly are a variety of trading courses, the ability to view the stats of a trader’s account, and more ways to communicate with your gurus in the chatroom, along with email and text alerts as well as updates.
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Meet the Founder: Tim Sykes
Timothy Sykes is a well-renowned day trading guru who is well-known for his involvement in the penny-stock market. According to Investopedia the term “penny stock” refers to a small-sized company’s stock which trades at just less than 5 cents per share. Penny stock trading is a stepping stone for small companies to move to a large marketplace as they can access funds from the general public. But don’t make the mistake of thinking that it can also be an extremely risky activity, as Sykes is sure to reveal thanks to his years of expertise.
From his beginnings in the latter years of the high schools, Tim Sykes has, since then, made more than $6 million in profit through his lengthy career as trading professional. At 25 years old Tim Sykes had received greater exposure and a larger influence over time as a participant in the reality series “Wall Street Warriors.” Then, he made use of the show to develop trading rooms and penny stock themes and educational material aimed at people who are brand new to trading. He also played a role in establishing Profit.ly as a place for openness, and to allow the community to rise and compete with each other through the platform.
The Profit.ly Gurus
One of Profit.ly’s amazing features is the wide range of learning resources, trade alerts, and other useful stuff offered by the in-house experts of the platform. These gurus refer to the experts in trading who have proven to make significant amounts of profit from their collective years of expertise. Timothy Sykes Dvd
At its height, Profit.ly had housed up to five gurus, all of them a professional in their field of expertise within the world of trading. Some of the prominent experts included Connor Bruggermann, Nathan Michaud of Investors Underground, and Triforce as well as a handful of others. As of this writing, there are only two gurus who 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 we’ll take a look at what packaged deals each guru has to 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 see him focus on the basic stock catalysts and employ them to forecast the next possible moves in making trades.
A standalone purchase in 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 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. It costs $149.95 monthly, it is a great option for investors who are involved in the penny-stock market. Pennystocking Silver comes with all the standard features found in earlier plans which includes swing trading alerts as well as unlimited access to an extensive library of over 7,000 educational videos and new videos released every week.
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From “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. Since he began as a trader, Superman has amassed over $5.5 million in all-time trading earnings. Timothy Sykes Dvd
The Superman Alerts plan is an package of vital features and alerts on trading geared towards those who might be interested. For $147 per month, you’ll gain access daily premarket stock watchlist and the mobile app, the daily market commentary in real-time, and email and SMS alerts.
The film “Superman” Paul Scolardi: Superman Pro
For $247 per month, you can enjoy additional features, plus access to a knowledgeable base that is provided by Superman himself, via his Superman Pro package. In addition to the basic features included in the Alerts plan, Superman Pro gives you weekly video lessons, including the growing collection of the previous ones. In addition you’ll also gain the ability to access premium reports on research as well as the IPO as well as earnings tracking tool.
Profit.ly Plans and Costs
If you’re eager to join the world of online trading and leave a mark in the field, Profit.ly has the right amount of tools to get you started. The platform has three membership levels that are designed to accommodate traders with different levels. Let’s look at what the three tiers are and how much they’ll cost you.
The package called Novice is Profit.ly’s basic plan that is designed specifically for those who are just beginning their journey to the world of trading. Once you have signed up for this plan, you will be immediately provided with a variety of powerful and indispensable trading tools, all of them integral in keeping your hands on what we could call a ruthless process in and of itself.
Some of the features you can do with Profit.ly’s Novice package is the ability to verify the results of your trades and track profit; leading, following, and even messaging other traders; and leaving feedback on today’s trades. You can also get 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 monthly payment. Although it looks attractive simply because of the price however, there’s a drawback. You can’t create a private profile, which makes your actions public. If you’re looking to get the benefit of this service, keep an eye on us as we present to you Profit.ly’s new plan.
The Trader Plan
The Trader plan allows you to use many of the features of the Novice plan. This plan allows that you can set up an account that is private to share with fellow associate users all your knowledge and intel in the trading community.
Costing $49.95/month, Profit.ly’s Trader plan is exactly what it says caters people who want to improve their skills in trading. While it’s nice however, there’s a crucial element that’s missing. In contrast to the Novice package, you won’t be able to view the statistics of other traders, which might be a drawback for those who are eager to try this new tier. Timothy Sykes Dvd
The Professional plan can be described as the highest luxurious package Profit.ly offers to experienced traders. At $74.95 per month, and 22% off when billed annually This plan offers everything. It gives you full, unlimited access to all the options of the prior plans.
You’re not only able to see other users’ stats as well, you’re also offered the chance to create your own private profile. Both of these features, on top of all the advantages that you can utilize to the fullest potential. If you’re in search of an account that will give you everything you need as a skilled trader, maybe the Pro tier could be for you!
Profit.ly’s Other Services
Apart from the provided tools for training and leaderboards, Profit.ly has a few additional services that it can offer. One of them is the online store, which lets users pick from a range of instructional videos that are created to provide guidance on the ins and outs of trading. The products listed on this page of the website is available to be bought immediately for your personal use. These include best-selling products such as”Trading Tickers,” the “Trading Tickers” series by trader expert Tim Grittani, Timothy Sykes’s library of DVDs and streaming-only content on penny stocking, short stocking, and all other things trading-related, clips and footage taken from The Annual Pennystocking Conference, and items from other experts in trading.
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The chat rooms that are integrated are as well part of Profit.ly’s array of services and features. You are probably familiar with the concept of the chat room since you can find it throughout social and messaging platforms, and also on a few specialty websites that provide live chat support. But on Profit.ly the chat room is viewed as a place where gurus and their members trade and learn in real time. Every guru has their own style in running their chat rooms and dealing with the members. One of them may be laid back and not very often active, while another might be more interactive and online with their students. Think of chat rooms as Profit.ly’s version of the forum in its essence.
Who is the Ideal Trader for Profit.ly?
Profit.ly’s wide range of products and features caters to a large variety of stock trader types, from novices to the most experienced. With the variety of deals it has to offer it is certain to have something for all.
Newbies, for instance, will appreciate Profit.ly’s library of learning information available on the platform. In addition, they will be provided with videos every week and chat room tips from the in-house experts as well as their members. Additionally, they can select from the products in its online store for them to take wherever they may go. They can also gain hands-on experiences by trading through the platform, but eventually they’ll be able to realize that trading is a risky game that shouldn’t be treated as a joke.
For those traders who have had decades of experience in the road, we consider Profit.ly equally suited for them as it is for those who are just starting. While novice traders may not be as adept at dealing with trading issues but the experts already know the way it functions and the plethora of risks that come with it. Ideally, they may use Profit.ly’s array of options to their maximum advantage to improve their skills in trading. As beginners, they are able to learn from the experts and experts , and use those short tips and tricks along the way.
Profit.ly’s “all-inclusive” nature isn’t limited to novices and semi-experienced traders. Verified experts can also join in the enjoyment! Trade professionals who are at an equal level with Superman or Tim Sykes can also use the power of Profit.ly’s abilities to show off their expertise to other traders in order to assist them in the ever-changing trading process. Timothy Sykes Dvd
Profit.ly’s Pros and Pros and
- Profit.ly’s numerous capabilities as a ‘one-stop’ stock trading platform enable it to provide traders everywhere with a wealth of education, communication, and trading tools
- You’ll be taught by experts and tips from the internal experts, which include collections of educational videos as well as real-time trading activities
- You’re guaranteed transparency throughout Profit.ly by using accurate data and fellow traders who are ready to reach you out whenever something happens
- The leaderboard feature on the platform gives you the chance to establish your reputation as a reliable and verifiable trader
- In addition to its primary capabilities, Profit.ly also gives its users extra options to suit their individual preferences, for instance, posting unauthentic trades via screenshots
- Profit.ly’s variety of subscription levels and guru packages are priced at a reasonable cost There’s something for all
- Profit.ly’s bountiful stream of packages and services offered could be too much for a lot of its users
- As traders may opt to post any kind of trade, there’s the possibility that some of them could profit from picking the most profitable trades to improve their ratings this could be a risk that shouldn’t be simply overlooked
- Profit.ly does not offer refunds, as its premium users are expected to instantly take advantage of the numerous features the platform is able to offer
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The Final Verdict The Final Verdict: Is Profit.ly Worth It?
If we were able to come up with the answer, it’s a ‘yes’. However, you must realize that this platform shouldn’t be viewed 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
What we do mean by ‘yes’ is that it can be a great learning tool. Those who may be stuck could discover Profit.ly’s range of resources helpful in their efforts to reduce losses and perform better than before. Not only struggling traders who will profit from the platform. It is able to accommodate novices and even experts in the field!
If you really care about being a better trader and want to be taught by your mentors and peers throughout the process, then take a look at Profit.ly. Profit.ly could be a good choice to start.
FAQ Timothy Sykes Dvd
How can you make use of Profit.ly to post your trades?
Profit.ly offers a trade entry portion under the ‘My Trade section of the dashboard which lets you record your trades that are verified or otherwise. You may choose between three choices:
- Linking your account with your brokerage of choice and then importing the trades from that directly
- Manually inputting your trades with the spaces provided and details
- Send a screen shot of your trades
How can I tell whether the trade is authentic or not?
If you purchase your trade through a reliable brokerage, there’s the chance that it is verifiable. This is shown by the blue check mark. If you upload the information manually or via images, it will be assigned as unverified.
The disadvantage of an unauthenticated trade is the risk of getting downvotes from your fellow peers. A large number of downvotes could cause you to be listed in the Madoff leaderboard, which is where the public can see who’s dishonest in posting trades.
Is the Profit.ly mobile app still available?
As of this writing, Profit.ly is still available to download via the Apple App Store and the Google Play store. The mobile app version is compatible with the majority of functioning tablets and smartphones.
How many people are currently using Profit.ly?
Profit.ly currently houses over 150,000 investors and traders, since they’re not just seeking to make the most profit but also assist each other to learn and improve in acquiring stock market opportunities left and right.