Stock trading is an exciting game with high stakes. On some days, you could have the benefit of positive and satisfactory numbers. On other days, however it could be the reverse, and it may sometimes be very difficult to return to where you were your most productive. If you are immersed in the water it is important be aware that relying solely on your instincts and preserving is not always enough.
If you’ve experienced losses from time to time You’ll need sound advice from tried-and-tested trading experts. You’re also gonna need an important boost from colleagues in the market from all over the world, which is why we’ve discovered a platform that can support you in your growth in the market. In this review, we’ll be taking a look at Profit.ly A well-respected 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. Do check out our article below, however, because it has a comprehensive overview of Profit.ly.
Total Rating: 4.1/5 Timothy Sykes Dvds 50% Off Sale
Value: 4.1/5
Quality: 4.1/5
Costs: 4.1/5
Users Experience 4.5/5
Summary
Profit.ly offers an internet-based trading service that permits traders of all levels to be informative and accountable, as well as transparent and uplifting with each other by offering a wide range of features and tools such as chat rooms, trade verification as well as an extensive library of educational material.
What exactly 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 traders with experience to keep track of their performance using the aid of sophisticated analytics tools. Providing users with a wide variety of tools for trade and communication that help traders from all walks of life connect with each other. It gives the gurus worthy investments within the boundaries of this platform. Consider it the social media equivalent to Facebook and Reddit however it is geared towards professionals and traders.
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 honesty and transparency: it ensures that the transactions are legitimate and will not allow for fraud as much as it is possible. It was established years ago by the penny stock trade expert and investment expert Timothy Sykes, along with the other expert Michael Mosseri.
In an interview with Forbes publication, Sykes declared that Profit.ly was motivated by its focus “on the transparency of the entire spectrum of trades, something which has never been previously done.” The idea was, he said, serving two objectives: one) keeping track of public data for everyone, not just the experts, but also the students and newsletter writers and secondly) making it possible for all users to learn from the losses and wins for the trading industry’s benefit. Timothy Sykes Dvds 50% Off Sale
How Does It How Does It
Profit.ly follows a subscription-based model that allows stock traders to gain access to a multitude of services and features geared towards achieving success. You can create an account at no cost, however you’re only limited to having the ability to navigate through the leaderboards and monitor the activities of non-gurus. If you’re interested in investing your money in order to find out what stocks the experts 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 easy: create a profile with your experiences and knowledge, then connect to your brokerage account and you have yourself a chance to shoot your way to the top of the leaderboard. Profit.ly’s leaders’ board feature as we’ve mentioned earlier, is designed to give its users a glimpse of the performance of the trading community as well as its experts. You’re not just allowed to show your worth to a group of traders, but you can also use Profit.ly to buy with a professional with the assurance that you’re confident with their expertise and the credibility of their claims.
If you’re not comfortable with the idea of divulging information about your account with a brokerage, then you could opt to post your trades, whether verified or otherwise, through screenshots. Included in Profit.ly are the vast number of courses in trading, the ability to view stats in a trader’s profile as well as other ways to interact with your experts through 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 trader who has been famously known for delving his hands into trades in penny stocks. According to Investopedia, a penny stock is a small business’s shares that trade for under $5 for each share. Penny stock trading is an opportunity for small-scale businesses to make the transition into a larger market because they can access money from the general public. But don’t make the mistake of thinking that it’s also a high-risk game, which Sykes is sure to reveal through his many years of experience.
Beginning in the latter years of High School, Tim Sykes has, since then, made more than $6 million in earnings throughout his illustrious career as trader. At 25 years old, he had been given more exposure and a wider impact as a participant in the reality series “Wall Street Warriors.” He then made use of the show to establish trading rooms and penny stock themes and educational content geared toward those who are just beginning to learn about trading. He also played a role in establishing Profit.ly as a place of transparency, and for the community to lift each other up and compete with each other through the platform.
The Profit.ly Gurus
One of Profit.ly’s sweet inclusions is the variety of learning tools, trade alerts and other helpful stuff provided by the in-house experts of the platform. These gurus refer to the experts in trading who have earned substantial amounts of money from their collective years of knowledge. Timothy Sykes Dvds 50% Off Sale
At its peak, Profit.ly had housed up to five gurus, all of them an expert in their niche in the trading industry. Some of the most famous experts included Connor Bruggermann, Nathan Michaud of Investors Underground, and Triforce among others. At the time of writing, only two gurus remain on the platform: the 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 we’ll take a look at the packages each guru offers.
From 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 monthly, you’ll be able to see him concentrate on the fundamental stock catalysts and use them to anticipate the next moves that could occur when trading.
A purchase on its own in Tim’s Alerts will get you access to the chatroom, as well as the mobile application that is available for iOS as well as Android devices, email, text, and push alerts; and a daily stock watchlist.
Tim Sykes: 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 per month, it is the perfect plan for those who are invested in investing in penny stocks. Pennystocking Silver includes all the basic features found in prior plans, such as alerts for swing trading and access to an extensive collection of more than 7,000 educational videos and new videos released each week.
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From “Superman” Paul Scolardi: Superman Alerts
Scolardi who goes under the name “Superman,” is a swing trading professional with an eye for both tiny-cap massive stocks as well as wildly accurate marketing forecasts. In the time since when he first started trading, Superman has amassed over $5.5 million in all-time trading profits. Timothy Sykes Dvds 50% Off Sale
The Superman Alerts package is his package of vital features and trading alerts geared to those interested. For just $147 per month, you’ll have an access to the day-to-day stock watchlist that is premarket along with the mobile app, the daily market commentary in real time, and E-mail and SMS alerts.
From “Superman” Paul Scolardi: Superman Pro
For the price of $247, you receive additional features and access to an extensive base of knowledge of information provided by Superman himself, via Superman Pro. Superman Pro package. Alongside the standard features featured in the Alerts plan, Superman Pro gives you weekly video lessons, including the growing collection of previous lessons. In addition you’ll also have an access to high-quality research papers as well as the IPO and earnings tracker.
Profit.ly plans and costs
If you’re looking to join the trading community on the internet and leave your mark on the field, Profit.ly has the right amount of resources to help you up and running. The platform offers three membership tiers that are designed to accommodate traders at different levels. Let’s take a look at what these three tiers are and how much they will cost you.
Novice Plan
The package called Novice is Profit.ly’s beginning-of-the-line plan specifically for people who are brand new to the trading community. As you sign to this plan, you will be immediately provided with a variety of powerful and vital trading tools, all of them integral in keeping your fingers on what we call a competitive process by itself.
The list of features you can do with Profit.ly’s Novice package is the capability to check the results of your trades and track profit; leading, following and even chatting with your fellow traders; and giving feedback on the trades of today. You can also get on leaderboards, analyze the results of your analysis, sort, as well as filter trades and, finally, see other’s stats.
The Novice plan will cost $29.95 per month. Although it might look appealing for the price alone however, there’s a drawback. You aren’t able to create a personal account, making your personal information public. If you do want to get access to this feature, you should be watching for us to introduce to you Profit.ly’s new plan.
Trader Plan
The Trader package allows users to benefit from the majority of features available in 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 information you have gained from trader’s community.
The price is $49.95/month, Profit.ly’s Trader plan is exactly what it says catering to those who desire to harness their expertise in trading. As nice as it seems, there is one significant feature that is missing. Unlike the previous Novice package, you won’t be able view other traders’ stats, which might be a drawback for those who are anticipating this level. Timothy Sykes Dvds 50% Off Sale
Pro Plan
The Professional plan can be described as the highest luxurious package Profit.ly could offer for seasoned traders. With $74.95 each month which includes an additional 22% discount for annual billing This plan offers everything. You will have full, unrestricted access to all the features from the two previous plans.
Not only do you get to view other people’s stats as well, you’re also offered the chance to create a private profile. Both of these features, on top of all the advantages that you can utilize to their fullest capacity. If you’re in search of an option that gives all the features you need to be an experienced trader, the Pro tier could be for you!
Profit.ly’s Other Services
Apart from the trainer tools and leaderboards, Profit.ly offers a number of other services they provide. One of those is its online store, where customers can pick from a range of video products designed to inform and help you understand the nuances and pitfalls of trading. All of the products featured in this section of the site can be bought immediately for your personal use. Among these products include best-sellers such as”Trading Tickers,” the “Trading Tickers” series by trader specialist Tim Grittani, Timothy Sykes’s collection of DVDs and streaming-only content related to penny stocking, short stocking, and other aspects of trading. There are also clips and footage taken from The Annual Pennystocking Conference, and items from other experts in trading.
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The integrated chat rooms are as well part of Profit.ly’s range of features and services. You’re probably familiar with the chat room since you can find it throughout social and messaging platforms in addition to a few special websites that provide live chat support. However, in Profit.ly the chat room is viewed as a hands-on place where gurus and their member traders can communicate and learn in real time. Each guru has their style in running their chat rooms and dealing with the members. One of them may be more laid back and not very often active, while another might be more active and in touch with their students. Think of chatrooms as 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 are geared towards the wide range of stock traders, ranging from novices to the most experienced. Considering the number of offers it can provide, the platform surely has something for all.
For instance, newbies will appreciate Profit.ly’s library of learning materials available across the platform. In addition, they will get daily videos and chat room tips from the in-house experts and their members. They’ll also be able to pick from the merchandise available in its online store that they can take with them wherever they travel. They can also gain hands-on experience trading on the platform, but eventually they’ll realize that this is a risky game that shouldn’t be taken as an opportunity to make fun of.
For the traders with years of exposure down the line, we believe Profit.ly equally suited to the newcomers. Although the novices might not be as well-equipped with managing trading but the experts already know how it works along with the plethora of risks associated with it. It is ideal to make use of Profit.ly’s variety of features to their best advantage to improve their trading abilities. Like novices, they can study from the gurus and experts , and use those short tips and tricks along the way.
Profit.ly’s “all-in” approach does not only apply to beginners and semi-experienced traders. Certified experts can also take part in the excitement! Those in the trading industry who are on an equal level with Superman or Tim Sykes can also use up Profit.ly’s capabilities to display their skills to others as a way to help navigate them through the ever-changing trading process. Timothy Sykes Dvds 50% Off Sale
Profit.ly’s Pros and Cons
The Pros
- Profit.ly’s numerous capabilities as a ‘one-stop’ stock trading platform enable traders across the globe with a wealth of education communications, trading, and communication tools
- You will receive excellent training and insights from its in-house gurus, including video libraries that teach you how to learn and trading in real-time.
- You’re guaranteed transparency throughout Profit.ly with accurate analytics and fellow traders ready to call you when something goes wrong.
- The leaderboard feature of the platform offers you a way to build your credibility as a trustworthy and verifiable trader
- Apart from its core capabilities, Profit.ly also gives its customers additional options to meet their preferences, such as posting unverifiable trades through screenshots
- Profit.ly’s wide array of subscription plans and guru packages are priced at reasonable prices – there truly is something for everyone
The Cons
- Profit.ly’s numerous packages and products offered may be too much for the majority of its customers
- As traders may opt to open any kind of trade, there is an opportunity that some them will profit by picking the most profitable trades to boost their rating this could be a risk that shouldn’t be ignored.
- Profit.ly will not allow refunds as its premium users are expected to instantly benefit from the many services that the platform can provide
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The Final Verdict is: Is Profit.ly Valued?
If we were able to come up with an answer to this question, it would be an affirmative “yes”. But it is important to realize that it shouldn’t be treated as a quick-fix scheme to make money. The platform wasn’t originally designed to be used in this way. Instead, it is best to keep curiosity. Timothy Sykes Dvds 50% Off Sale
What we do mean”yes” is it is a fantastic learning tool. For those who are struggling, they could find Profit.ly’s array of resources to be helpful as they do their best to incur lesser loss and perform better than before. Not only poor traders that can benefit from the platform. It is able to accommodate novices and even experts in the field!
If you really desire to be more successful in trading and would like to be taught by your peers and experts throughout the process, then look no further – Profit.ly is a fantastic alternative to start.
FAQ Timothy Sykes Dvds 50% Off Sale
How can you make use of Profit.ly to publish your trades?
Profit.ly has a trade entry portion under the My Trade category on the dashboard. It lets you record your trades, verifiable or otherwise. You may choose between three choices:
- Connecting your account to your broker of choice and import trades directly from there
- Manually entering your trades using specified spaces and information.
- Send a screen shot of your trades
How do I know if the trade is verifiable or not?
If you purchase your trade from a trusted brokerage, there’s the chance that it is verifiable. This is indicated with the small blue check. If you submit it manually or through screenshots, it will automatically be classified as unverified.
The drawback of posting an unverified trade is the risk of receiving downvotes from colleagues. Too many downvotes may cause you to be listed on the Madoff leaderboard, where people 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 on the Google Play store. The mobile version of the app is compatible with most working smartphones and tablets.
How many people are currently using Profit.ly?
Profit.ly currently houses more than 150,000 investors and traders, since they’re not just trying to maximize profits but also to help one another develop and grow in their ability to take advantage of opportunities in the stock market all over the world.
