The stock market can be a high-stakes game. On certain days, you could enjoy the benefits of positive and satisfying numbers. On other days, the opposite may happen, and it may sometimes be extremely difficult to get back to where you were your peak. If you find yourself constantly stuck in the gutter it is important to recognize that relying on your instincts and preserving might not be enough.
If you’ve been incurring losses from time to time, you’re gonna be needing reliable advice from tested and tried trading experts. Also, you’ll need a significant boost from your trading partners from all over the world, which is why we’ve discovered an option that can help you in your improvement in the market. We’ll take a look at Profit.ly A well-respected 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.
Total Rating: 4.1/5 Timothy Sykes Dvd’S Short Selling
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 different levels to be informed and accountable, as well as transparent and to build relationships with each other by offering a wide range of features and tools like trade verification, chat rooms, and an enriched library of educational material.
What exactly is Profit.ly?
Profit.ly is a trading site which serves as a learning and training platform for those who are just beginning their journey and as a hub for traders with experience to keep track of their performance with the help of advanced analytics tools. Offering users a broad variety of tools to facilitate trade and communication and letting traders from all walks of life network with each other. It gives the gurus worthwhile investments within the confines of the platform. Imagine it as a social media site akin the likes of Facebook and Reddit, but for professionals and traders.
Profit.ly independently verifies trade performances and posts all the data of them in the manner of leaderboards. The platform for trading is built on trust and transparency. it makes sure that trades are valid and won’t tolerate inauthenticity as much as it is possible. It was established many years ago by penny expert in stock trading and investment guru Timothy Sykes, along with fellow expert Michael Mosseri.
One time , during an appearance in Forbes magazine Sykes declared that Profit.ly was motivated by its focus “on showing every trade, something that was never prior to.” The idea was, he said, serving two purposes: 1) keeping track of public data for not just the gurus and students and newsletter writers as well as) making it possible for all users to gain insight into both the wins and losses for the trading industry’s benefit. Timothy Sykes Dvd’S Short Selling
How Does It How Does It
Profit.ly utilizes a subscription model which allows stock traders to benefit from a variety of features and services aimed at achieving achievement. You may set up an account there at no cost, however you’re only limited to having access to the leaderboard and observe the activities of people who aren’t gurus. If you’re looking to invest your money in order to find out which stocks the gurus are trading in real-time You’ll need to subscribe to any of Profit.ly’s deals that we’ll go over shortly.
Setting up an account is easy: create a profile with your experiences and expertise, connect your brokerage account, and you have yourself 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 an insight into how the community of traders performs as well as its gurus. It’s not just a way to prove value to a large group of traders, but you are also able to use Profit.ly to shop with a professional with the assurance that you’re comfortable of their knowledge and the legitimacy of their claims.
If you feel uneasy with the idea of divulging your brokerage account, you can choose to publish your trades, either verified or not, by taking screenshots. Included in Profit.ly are the vast number of courses in trading as well as the ability to look at stats in a trader’s profile, and more ways to communicate with your gurus in the chatroom, in addition to 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 famously known for his efforts in the penny-stock market. According to Investopedia the term “penny stock” is a small business’s stock which trades at less than $5 per share. The penny stock market can be seen as an opportunity for small-scale businesses to make the transition to a market that is larger as it gives them access to money 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 because of his decades of expertise.
Beginning at the end of his time in the high schools, Tim Sykes has, since then, earned an estimated $6 million profits through his lengthy career as a trader. At the age of 25 Tim Sykes had received greater exposure and a larger reach of influence when he became part of the reality series “Wall Street Warriors.” He took advantage of it to establish trading rooms as well as 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 platform for transparency and to allow the community to rise and compete with each other through the platform.
The Profit.ly Gurus
One of Profit.ly’s sweet inclusions is the wide range of learning tools, trade alerts as well as other useful information provided by the platform’s in-house gurus. These gurus refer to the experts in trading who have made substantial profits through their years of expertise. Timothy Sykes Dvd’S Short Selling
At its height, Profit.ly had housed up to five gurus, each of them a pro in their niche within the world of trading. Some of the most prominent experts were Connor Bruggermann, Nathan Michaud of Investors Underground, and Triforce as well as a handful of others. At the time of writing, there are only two gurus who remain on this platform: the 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 we’ll take a look at what packaged deals each guru can offer.
From Tim Sykes Tim Sykes: Tim’s Alerts
Sykes offers basic stock trading services which focuses on penny-stock day trading via Tim’s Alerts. Costing $74.95 for a month you’ll be able to see him focus on the fundamental catalysts for stocks and utilize them to anticipate the next move that is possible when trading.
A purchase on its own in Tim’s Alerts will get you access to the chatroom as well as the mobile app available to iOS and Android devices, as well as text, e-mail and push alerts as well as a daily watchlist of stocks.
Tim Sykes: From Tim Sykes: The Pennystocking Silver Package
Pennystocking Silver is the highest-quality version that has been upgraded of the Tim’s Alerts package. Priced at $149.95 per month, it is a great option for those who are more involved in penny stock trading. Pennystocking Silver offers all the essential features that were included in the previous plan, such as swing trading alerts and unlimited access to an extensive library of more than 7,000 instructional videos, with new ones released each week.
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From “Superman” Paul Scolardi: Superman Alerts
Scolardi, who goes by the name “Superman,” is a swing trading professional with an eye for both 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 total trading earnings. Timothy Sykes Dvd’S Short Selling
The Superman Alerts plan is an offer of the most essential features and trading alerts geared toward those who may be interested. For $147/month, you’ll get access to the daily premarket stock watchlist and the mobile app, the daily market commentary shown in real-time, as well as E-mail and SMS alerts.
From “Superman” Paul Scolardi: Superman Pro
For the price of $247, you receive additional features, plus access to the extensive knowledge base provided by Superman himself via Superman Pro. Superman Pro package. On top of the essentials featured in the Alerts package, Superman Pro gives you weekly video lessons, including a growing library of all other previous ones. Additionally you’ll also have the ability to access premium reports on research and the IPO or earnings monitor.
Profit.ly Plans and Costs
If you’re looking to join the world of online trading and leave your mark on the industry, Profit.ly has the right amount of resources to help you going. The platform offers three membership levels that are designed to accommodate traders with different levels. Let’s take a look at what these three are and how much they’ll 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 world of trading. When you sign up for this plan, you will be immediately given a slew of robust and indispensable trading tools, each of which is essential to keep your hands on what we call a competitive process by itself.
The list of features you can do with Profit.ly’s Novice package include the ability to confirm the results of your trades and track profit as well as leading, following, and even messaging other traders; and leaving feedback on today’s trades. It also allows you to be onto leaderboards; study your trades, sort and filter your trades; and, lastly, view other people’s statistics.
The Novice plan is $29.95 per monthly payment. Although it might look appealing simply because of the price however, there’s a drawback. You can’t create a private profile, thus making your actions public. If you’re interested in have the benefit of this service, be watching for us to introduce to you Profit.ly’s next plan.
Trader Plan
The Trader package lets you to take advantage of the majority of features available in the Novice plan. In this plan, that you are able to create a private profile to share with other associates all your insights and information you have gained from trader’s community.
The price is $49.95/month, Profit.ly’s Trader plan will do what the name implies: Cater people who want to improve their trading skills. As nice as it seems, there is one significant feature that is missing. In contrast to the Novice package, this one won’t be able to see other traders’ statistics that could be a problem for those anticipating this level. Timothy Sykes Dvd’S Short Selling
Pro Plan
The Professional plan can be described as the most luxurious package Profit.ly could offer for seasoned traders. At $74.95 monthly, with an additional 22% discount for annual billing This plan offers it all. You will have full, unrestricted access to all features of the previous plans.
You’re not only able to look at other people’s statistics as well, you’re also offered the opportunity to create an individual profile. These two features are in addition to the advantages that you can utilize to their fullest capacity. If you’re in search of an account that will give you everything you need as a skilled trader, maybe the Pro level is the right choice for you!
Profit.ly’s Other Services
Apart from the provided trainer tools and Leaderboards Profit.ly provides a variety of other services they offer. One of these is its online store, which lets users choose from a wide array of instructional videos that are created to guide you through the nuances and pitfalls of trading. All of the products featured on this page of the website is available to be purchased immediately for personal use. These include best-selling products such as”Trading Tickers, “Trading Tickers” series by trading specialist Tim Grittani, Timothy Sykes’s library of DVDs and streaming-only content related to short stocking, penny stocking, and other related to trading, videos and scenes from The Annual Pennystocking Conference, and products from other expert traders.
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The integrated chat rooms are included in Profit.ly’s array of services and features. You’re probably familiar with the chat room since you will see it on social and messaging platforms, in addition to a few special websites that provide live chat support. But on Profit.ly it’s seen as a hands-on space where experts and their members trade and exchange knowledge in real-time. Each guru has their style when it comes to running their chat room and dealing with the members there. One might be a laid-back person who is rarely active, while another might be more interactive and online to their pupils. Consider chatrooms as Profit.ly’s version of the forum in its essence.
Who is the ideal trader to Profit.ly?
Profit.ly’s diverse range of products and features are geared towards an array of stock traders, from beginners to experienced pros. With the variety of deals it can provide it is certain to have something for every person.
Newbies, for instance, will appreciate Profit.ly’s knowledge-based information available on the platform. Not only will they get daily videos and chat room advice from its in-house gurus and their members. They’ll also be able select from the products in its online store for them to take wherever they may go. They can also gain hands-on experiences from trading within the platform, but eventually they’ll be able to realize that trading is a high-stakes game that shouldn’t be taken as an opportunity to make fun of.
For the traders with many years of experience down the line, we believe Profit.ly as equally as suitable to people who are just beginning. While the newbies may not be as well-equipped with managing trading but the experts already know the way it functions and the risky mix associated with it. Ideally, they may use Profit.ly’s range of options to their maximum advantage to enhance their trading skills. Like novices, they can learn from the top experts and experts , and use those quick tips and tidbits along the way.
Profit.ly’s ‘all-together’ nature isn’t limited to novices and semi-experienced traders. Certified experts can also take part in the enjoyment! Trade professionals who are on an equal level with Superman as well as Tim Sykes can also use the power of Profit.ly’s capabilities to showcase their skills to others as a way to help navigate them through the ever-changing trading process. Timothy Sykes Dvd’S Short Selling
Profit.ly’s Pros and Pros and
The Pros
- Profit.ly’s diverse capabilities as a “one-stop” stock trading platform allows it to provide traders everywhere with tons of learning tools, communication, and trading tools
- You’ll receive excellent training and insights from its in-house gurus, including libraries of educational videos and real-time trading activities
- You can be sure of complete transparency through Profit.ly with precise analytics and fellow traders that are waiting to reach you when something goes wrong.
- The platform’s leaderboard feature gives you the opportunity to increase your credibility as a trustworthy and authentic trader
- Apart from its core features, Profit.ly also gives its customers extra options that can be tailored to their needs, like posting unverifiable trades through photographs
- Profit.ly’s variety of packages and subscription levels are priced at a reasonable cost There is truly something for everyone
The Cons
- Profit.ly’s numerous products and packages offered might seem overwhelming for the majority of its customers
- Since traders can choose to make any type of trade, there is a possibility that some of them could profit from selecting the best trades in order to boost their rating This could be a concern that should not be ignored.
- Profit.ly does not accept refunds, as its premium users are expected to immediately benefit from the number of features the platform is able to offer
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The Final Verdict is: Is Profit.ly Valued?
If we could come up with the answer, it would be yes. But it is important to realize that this platform shouldn’t be viewed as a quick-fix scheme to make money. The platform was not always designed to be used to achieve this goal. Instead, you need to have the ability to think with an open heart. Timothy Sykes Dvd’S Short Selling
What we mean by ‘yes’ is that it is a fantastic learning tool. People who are stuck could be able to find Profit.ly’s variety of resources helpful as they do their best to avoid losses and perform better than before. It’s not only the struggling traders who will benefit from the platform. It will be able to accommodate beginners as well as even experts!
If you truly want to become a better trader and want to be taught by your peers and experts on the way, look no further – Profit.ly is a fantastic option to begin.
FAQ Timothy Sykes Dvd’S Short Selling
What are the best ways to use Profit.ly to post your trades?
Profit.ly includes a trade entry portion under the ‘My Trade’ category of the dashboard which allows you to post your trades that are verified or otherwise. There are three choices:
- Connecting your account to your brokerage of choice and importing transactions directly through there
- Manually inputting your trades with the spaces provided and details
- Upload a screenshot of your transactions
How can I tell whether the trade is authentic or not?
If you import your trade from a trusted brokerage, there’s the likelihood that it can be verified. This is evident by the blue check mark. If you submit the information manually or via images, it will be classified as unverified.
The drawback of posting an unauthenticated trade is the chance of getting downvotes from your fellow peers. If you receive too many negative votes, it could result in you appearing on the Madoff leaderboard, where people are able to identify who is dishonest in posting trades.
Are the Profit.ly mobile app still available?
At the time of 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 works with all functioning tablets and smartphones.
How many people are currently connected to Profit.ly?
Profit.ly currently houses more than 150,000 investors and traders, because they are not just seeking to make the most profit but also help each other grow and learn more about acquiring stock market opportunities both right and left.
