Stock trading is a high-stakes game. On certain days, you may enjoy the benefits of positive and satisfactory numbers. However, on other days, the opposite may happen, and it may sometimes be extremely difficult to get back to where you were your best. If you find yourself always in the mud it is important to realize that relying on instinct and survival may not always be enough.
If you’ve been incurring losses from time to time and you’re likely to require 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 globe, which is why we’ve found an online platform that will help you in your growth within the field. In this review, we’ll be taking a look at Profit.ly, a well-recognized 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.
Overall Rating: 4.1/5 Timothy Sykes Dvds Ebay
User Experience: 4.5/5
Profit.ly is an online trading platform that allows traders of various levels to be informative and accountable, as well as transparent and to build relationships with each other by offering a wide variety of tools and features such as chat rooms, trade verification, and an enriched library of educational content.
How do I define Profit.ly?
Profit.ly is a trading site that serves both as a learning and education platform for people who are just beginning their journey and also as a platform for traders who are experienced to monitor their performance through the use of advanced analytics tools. It provides users with a vast 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. Imagine it as a social media site akin to Facebook and Reddit, but for traders and experts.
Profit.ly independently checks the performance of trades and publishes all data of them in the manner of leaderboards. The trading platform is built on trust and transparency. it makes sure that trades are authentic and won’t 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 the other expert Michael Mosseri.
In an interview with Forbes magazine, Sykes said that Profit.ly was driven by its focus “on showing every trade, something that has never been done before.” The idea Sykes said served two purposes: 1) making public records for everyone, not just the experts, but also the newsletter authors and students as well as) giving all users to gain insight into the losses and wins to the benefit of the trading industry. Timothy Sykes Dvds Ebay
How Does It Work?
Profit.ly is a subscription-based platform that lets stock traders benefit from a variety of features and services aimed towards achieving achievement. You may set up an account there at no cost, however you’re only limited to having access to the leaderboards and monitor the actions of non-gurus. If you’re interested in investing your money in order to find out which stocks the gurus are trading in real time it is necessary to sign up to one of Profit.ly’s offerings that we’ll discuss in the near future.
Setting up an account is simple: Create a profile with your experiences and skills, join your brokerage account, and you’ll be given an opportunity to make through high on the leaderboard. Profit.ly’s Leaderboard function, which was we’ve mentioned earlier, is designed to give its users a look at how the community of traders performs and its experts. It’s not just a way to show your worth to a large group of traders, as you can also utilize Profit.ly to purchase from a guru with the confidence that you are confident in their skills and the legitimacy of their claims.
If you are unsure about the idea of divulging information about your account with a brokerage, you may decide to share your trades, either verified or otherwise, through photographs. Also included in Profit.ly are a variety of trading courses, the ability to view statistics on a person’s profile, and more ways to interact with your experts via chatrooms as well as email and text alerts as well as updates.
Meet the Founder: Tim Sykes
Timothy Sykes is a well-renowned day trading personality who is well-known for his involvement in the penny-stock market. According to Investopedia the term “penny stock” is a small business’s shares that trade for just less than 5 cents per share. Penny stock trading could be viewed as a stepping stone for small-scale businesses to make the transition to a market that is larger as they can access funds from the public. However, don’t get it wrong – it’s also an extremely risky game, as Sykes is sure to reveal because of his decades of expertise.
Since his initial beginnings at the end of his time in the high schools, Tim Sykes has, since then, made an estimated $6 million profits throughout his illustrious career as trader. At the age of 25, he had been given more exposure and a wider impact when he was a part of the reality TV show “Wall Street Warriors.” He made use of the show to establish trading rooms and penny stock themes as well as educational content targeted at those who are just beginning to learn about 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 most appealing features is the wide range of education sources, trade alerts and other helpful stuff provided by the company’s internal gurus. These gurus refer to experts in the field of trading who have made significant amounts of profit from their collective years of experience. Timothy Sykes Dvds Ebay
At its peak, 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. At the time of writing only two gurus remain on this platform: Founder as well as penny-stock trader Tim Sykes and veteran smallcap swing trader Paul Scolardi, also known as Superman. With that taken into consideration, let’s take a look at the packages each guru has to offer.
From Tim Sykes Tim Sykes: Tim’s Alerts
Sykes provides a basic stock trading service that focuses on penny stock day trading through Tim’s Alerts. At $74.95 per month, you’ll be able to see him focus on the fundamental stock catalysts and use them to anticipate the next move that is possible when making trades.
A purchase on its own of Tim’s Alerts will get you access to the chatroom and the mobile app that’s available to iOS as well as Android devices; text, e-mail, and push alerts; and a daily stock watchlist.
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, it is a great option for investors who are committed to the penny-stock market. Pennystocking Silver includes all the basic features of the previous plan, which includes swing trading alerts and unlimited access to a library of over 7,000 educational videos, with new ones released each week.
The following video is from “Superman” Paul Scolardi: Superman Alerts
Scolardi who is known under the alias “Superman,” is a professional in swing trading with 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 Dvds Ebay
The Superman Alerts package is his offering of essential features and trading alerts geared to those interested. For just $147 per month, you’ll have access to the daily premarket stock watchlist and the mobile application, daily market commentary in real-time, and email and SMS alerts.
In “Superman” Paul Scolardi: Superman Pro
For the price of $247, you receive additional features, plus access to a knowledgeable base of information provided by Superman himself via his Superman Pro package. In addition to the basic features that are included in the Alerts package, Superman Pro gives you daily video lessons, which include the growing collection of the previous ones. Additionally, you’ll also get 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 leave your mark on the field, Profit.ly has the right amount of resources to get you up and running. Profit.ly offers three membership tiers, each designed for traders at different levels. Let’s break down what these three tiers are and how much they’ll cost you.
The package called Novice is Profit.ly’s entry-level plan designed especially for those who are new to the trading community. Once you have signed up for this package, you will be immediately given a slew of robust and indispensable trading tools, each of which is essential to keep your fingers on what could call a ruthless process in and of itself.
Among the list of things you can accomplish with Profit.ly’s Novice program is the ability to verify the results of your trades and track profit as well as leading, following, and even messaging other traders; and providing feedback on trades today. You’re also allowed to get onto leaderboards; study your trades, sort or filter the trades you make; and, finally, see the statistics of other traders.
The Novice plan will cost $29.95 per monthly payment. While it may look attractive simply because of the price, there is a downside. You can’t create a private account, making your personal information public. If you do want to gain access to this feature, you should keep an eye on us as we present to you Profit.ly’s next strategy.
The Trader package allows you to use a majority of features from The Novice package. In this plan, that you are able to create an individual profile that allows you to share with other associates all your insights and knowledge you gain from this trading group.
The price is $49.95/month, Profit.ly’s Trader plan does what the name suggests caters to those who desire to harness their expertise in trading. As nice as it seems, there is one significant aspect that’s not included. As opposed to the prior Novice package, you will not be able view other traders’ statistics that might be a drawback for those who are anticipating this level. Timothy Sykes Dvds Ebay
The Pro plan is the highest premium package that Profit.ly offers to experienced traders. It costs $74.95 per month, and 22% off for billing annually the Pro plan has everything. You will have full, unrestricted access to all features of the prior plans.
You’re not only able to view other people’s stats as well, you’re also offered the chance to create an individual profile. These two features are on top of all the advantages that you can utilize to the maximum extent. If you’re looking for an option that gives you with everything you require as trader with experience, the Pro tier could be for you!
Profit.ly’s Other Services
Apart from the provided trainer tools and leaderboards, Profit.ly provides a variety of more services it has to provide. One of these is its online store, where customers can choose from a wide array of videos 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 like”Trading Tickers, “Trading Tickers” series from trading expert Tim Grittani, Timothy Sykes’s collection of DVDs, streaming-only content about penny stocking, short stocking, and all other related to trading, videos and footage from The Annual Pennystocking Conference, and other products by expert traders.
The chat rooms that are integrated are as well part of Profit.ly’s array of services and features. You may be familiar with the chat room since you can see it across social and messaging platforms as well as some specialty websites that offer live chat assistance. However, in Profit.ly the chat room is viewed as a real-time area where experts and members can interact and learn in real time. Every guru has their own style in running their chat rooms and dealing with the members there. One might be a laid-back person who is not very often active, while another might be more online and communicative in their interactions with students. Think of chatrooms as Profit.ly’s version of the forum in the essence.
Who is the Ideal trader to Profit.ly?
Profit.ly’s variety of offerings and features caters to a large variety of stock traders, ranging from novices to the most experienced. Considering the number of offers it offers it is certain to have something for everyone.
For instance, newbies will enjoy Profit.ly’s knowledge-based materials available across the platform. They will also be enriched with weekly videos and chat room tips from its in-house gurus and members. Additionally, they can choose from the items from its online store to carry with them wherever they travel. Additionally, they can gain practical experiences by trading through the platform, but eventually they’ll be able to realize that the process is a risky game that should not be viewed as an opportunity to make fun of.
For those traders who have had decades of experience in the line, we see Profit.ly equally suitable to those who are just starting. Although the novices might not be as proficient in dealing with trading issues, the pros already understand the way it functions and the risky mix that it carries. In the ideal scenario, they can make use of Profit.ly’s range of features to their best advantage to improve their trading skills. Like beginners, they can learn from the experts as well as experts, and take advantage of quick tips and tidbits to help them along.
Profit.ly’s ‘all-together’ nature doesn’t just apply to newbies as well as semi-seasoned traders. Certified experts can also take part in the enjoyment! People in the trade industry who are at the same level as Superman or Tim Sykes can also use up Profit.ly’s capabilities to display their expertise to other traders as a way to help guide them through the ever-illustrious trading process. Timothy Sykes Dvds Ebay
Profit.ly’s Pros and Cons
- Profit.ly’s many capabilities as a “one-stop” stock trading platform allows it to provide traders everywhere with a wealth of education tools, communication, and trading tools
- You will be taught by experts and advice from the company’s internal experts, which include video libraries that teach you how to learn and real-time trading activities
- 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 opportunity to increase your credibility as a trustworthy and authentic trader
- In addition to its primary capabilities, Profit.ly also gives its customers extra options that can be tailored to their needs, like posting trades that are not authentic by taking screenshots
- Profit.ly’s diverse range 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 be too much for most of its users
- As traders may opt to open any kind of trade, there is a possibility that some of them will profit by picking the most profitable trades to boost their rating This could be a concern that should not be ignored.
- Profit.ly does not accept refunds because its premium users are expected to instantly take advantage of the numerous features the platform is able to provide
The Final Concluding Question is: Is Profit.ly Worth It?
If we were able to come up with the answer, it’s an affirmative “yes”. But you need to understand that it shouldn’t be treated as a get-rich-quick scheme. It wasn’t meant to be designed to achieve this goal. Instead, you should have the ability to think with an open heart. Timothy Sykes Dvds Ebay
What we are referring to”yes” is it could be a useful learning tool. People who are stuck could discover Profit.ly’s array of resources to be helpful in their efforts to incur lesser 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!
So, if you genuinely want to become better at trading and wish to be taught by your fellows and gurus on the way, you should look no further than Profit.ly. Profit.ly could be a good option to begin.
FAQ Timothy Sykes Dvds Ebay
How can you make use of Profit.ly to post your trades?
Profit.ly includes the option of allowing trade entries within the “My Trade’ category of the dashboard which lets you record your trades, either verified or not. You may choose between three choices:
- Linking your account to the broker of choice and import trades directly from there
- Manually entering your trades using provided spaces and specifics
- Send a screen shot of your transactions
How do I know if the trade is verifiable or not?
If you purchase your trade from a reputable brokerage, there is a high chance that it is verifiable. This is evident by the small blue check. If you submit it in a manual way or by taking pictures, it will be assigned as unverified.
The downside of having an unauthentic trade is the chance of receiving negative feedback from colleagues. A large number of downvotes could cause you to show up on the Madoff leaderboard, where users are able to identify who is untruthful in submitting trades.
Does the Profit.ly mobile app still in use?
As of this writing, Profit.ly is still available for download on the Apple App Store and on the Google Play store. The mobile version of the app works with all functioning tablets and smartphones.
How many are connected to Profit.ly?
Profit.ly currently houses over 150,000 traders and investors, as they not only are seeking to make the most profit but also to help one another develop and grow in their ability to take advantage of opportunities in the stock market both right and left.