Stock trading can be a high-stakes game. Some days, you could be reaping the benefits of pleasing and positive numbers. However, on other days, the opposite may happen and it can be very difficult to return to the point you were at your best. If you’re always in the mud, you will have to realize that relying on instinct and survival may not always be enough.
If you’ve been incurring loss from time to time and you’re likely to require solid advice from seasoned and tested trading experts. Also, you’ll need a significant boost from your colleagues in the market from all over the globe. That’s why we’ve discovered an online platform that will help you to improve your performance in the market. We’ll be taking 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. Do check out our article below, however, because it has a comprehensive overview of Profit.ly.
Total Rating: 4.1/5 Timothy Sykes Email
The User’s Experience 4.5/5
Profit.ly can be described as an online platform for trading that enables traders of all levels to be informed and accountable, as well as transparent and uplifting with each other through its broad variety of tools and features including trade verification, chat rooms, and an enriched library of educational content.
What is Profit.ly?
Profit.ly is a trading site that functions as a learning and education platform for traders who are just beginning their journey as well as a place for traders who are experienced to monitor their performance using the aid of cutting-edge analytics tools. It provides users with a vast array of options for communication and trade and letting traders from all walks of life network with one another. It offers gurus with worthy investments within the boundaries that the site. Consider it the social media equivalent like Facebook and Reddit however it is geared towards professionals and traders.
Profit.ly independently verifies trade performances and publishes all data from them in the style of leaderboards. The trading platform is built on transparency and honesty: it ensures that the transactions are legitimate and will not accept fake news as long as it is possible. It was established in the past by penny stock trade expert and investment expert Timothy Sykes, along with the other expert Michael Mosseri.
One time , during an interview with Forbes magazine Sykes declared that Profit.ly was driven by its focus “on showing all trades, something that has never been previously done.” The idea Sykes said served two goals: 1.) keeping track of public data for all traders, not just the gurus as well as newsletter writers and students and secondly) making it possible for anyone on the platform to learn from both losses and wins for the trading industry’s benefit. Timothy Sykes Email
How Does It Perform?
Profit.ly follows a subscription-based model which allows stock traders to benefit from a variety of tools and services that are geared toward achievement. You can create an account at no cost, however you’re only given access to the leaderboard and observe the activities of non-gurus. If you’re ready to invest your money and see which stocks the gurus are trading in real time You’ll need to join one of Profit.ly’s offers, which we will go over shortly.
Making an account easy: create a profile with your experiences and expertise, connect your brokerage account, and you have yourself the chance to climb through high on the leaderboard. Profit.ly’s leaders’ board feature as we’ve mentioned earlier, is designed to give its users a look at how the community of traders performs as well as its gurus. You’re not just allowed to prove your worth to a large group of traders, as you can also utilize Profit.ly to purchase from a guru with the assurance that you’re confident in their skills and the legitimacy of their claims.
If you are unsure about the concept of leaking the details of your broker account you may decide to share your trades, either verified or not, via screenshots. In Profit.ly is the huge selection of courses in trading as well as the ability to look at statistics on a person’s profile and other methods to connect with your gurus via chatrooms as well as 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 trader who is well-known for his efforts in the penny-stock market. According to Investopedia, a penny stock is a small business’s stock which trades at under $5 for each share. The trading of penny stocks can be seen as an opportunity for small-scale businesses to make the transition into a larger market because it gives them access to capital from the public. However, don’t get it wrong – it can also be an extremely risky game, as Sykes will be able to tell you through his many years of expertise.
From his beginnings at the end of his time in the high schools, Tim Sykes has, since then, earned more than $6 million in profit through his lengthy career as trader. At the age of 25, he had been given more exposure and a wider reach of influence when he was a part of the reality TV show “Wall Street Warriors.” He made use of the show to create trading rooms as well as penny stock themes and educational material aimed at those who are new to trading. He also played a role in establishing Profit.ly as a platform for transparency and for the community to uplift and compete on the platform.
The Profit.ly Gurus
One of Profit.ly’s most appealing features is the vast array of learning resources, trade alerts, as well as other useful information provided by the in-house experts of the platform. These gurus refer to experts in the field of trading who have proven to make substantial profits from their combined years of knowledge. Timothy Sykes Email
At its peak, Profit.ly had housed up to five gurus. Each of them a professional within their particular field in the field of trading. Some of the most prominent experts included Connor Bruggermann, Nathan Michaud of Investors Underground, and Triforce as well as a handful of others. As of this writing, however, only two gurus remain on this platform: Founder and penny stock trader Tim Sykes and veteran smallcap swing trader Paul Scolardi, also known as Superman. With that taken into consideration Let’s look at the packaged offers each guru can offer.
From Tim Sykes: Tim’s Alerts
Sykes offers a basic stock trading service that focuses on penny-priced day trading with Tim’s Alerts. Costing $74.95 monthly, you’ll be able to be able to see him concentrate on the fundamental stock catalysts and use them to predict the next moves that could occur when making trades.
A single purchase 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, as well as text, e-mail and push alerts and a daily stock watchlist.
From Tim Sykes: The Pennystocking Silver Package
Pennystocking Silver is the premium version, with an upgraded version of Tim’s Alerts program. At $149.95 for a month this is the perfect plan for those who are committed to the penny-stock market. Pennystocking Silver comes with all the standard features found in earlier plans which includes swing trading alerts and unlimited access to a collection of more than 7,000 educational videos that are updated each week.
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From “Superman” Paul Scolardi: Superman Alerts
Scolardi, who goes by the name “Superman,” is a trader who has an eye for both massive stocks of the small-cap size and insanely accurate marketing forecasts. Through the years since the time he started trading, Superman has amassed over $5.5 million in all-time trading earnings. Timothy Sykes Email
The Superman Alerts package is his package of vital features and trading alerts targeted to those interested. For $147/month, you’ll get an access to the day-to-day stock watchlist that is premarket as well as the mobile application, daily market updates in real-time, and SMS and e-mail alerts.
The film “Superman” Paul Scolardi: Superman Pro
For the price of $247, you receive additional features, plus access to a knowledgeable base provided by Superman himself through Superman Pro. Superman Pro package. On top of the essentials included in the Alerts plan, Superman Pro gives you weekly video lessonsthat include an ever-growing library of other previous ones. On top of that you’ll also gain access to premium research reports and an IPO or earnings monitor.
Profit.ly plans and costs
If you’re eager to join the trading community on the internet and make a mark on the market, Profit.ly has the right amount of resources to get you going. The platform offers three membership levels, each designed for traders at different levels. Let’s break down what these three are and how much they will cost you.
The package called Novice is Profit.ly’s entry-level plan designed especially for those who are new to the trading world. As you sign up for this plan you’ll be given a slew of robust and vital trading tools, each one of them essential in keeping your hands on what we call a competitive process by 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 chatting with other traders; and providing feedback on trades today. You’re also allowed to get onto leaderboards; study the results of your analysis, sort, as well as filter trades; and, lastly, view the statistics of other traders.
The Novice plan will cost $29.95 per month. Although it looks attractive just by the price however, there’s a drawback. It isn’t possible to create a private account, making your activities publicly available. If you’re interested in gain an account with this option, stay tuned as we introduce to you Profit.ly’s new plan.
The Trader Plan
The Trader package allows you to use the majority of features available in The Novice package. This plan allows that you can set up a private profile to share with other associates all your insights and intel in trader’s community.
Priced at $49.95/month, Profit.ly’s Trader plan does what the name suggests: Cater people who want to develop their expertise in trading. Although it’s a nice thing, there is one significant element that’s missing. Unlike the previous Novice package, this one won’t be able to view other traders’ stats that could be a problem for those who are eager to try this new tier. Timothy Sykes Email
The Pro plan is the highest luxurious package Profit.ly can offer to experienced traders. It costs $74.95 each month which includes an additional 22% discount for billing annually This plan offers everything. You get full, no-holds-barred access to all the options of the previous plans combined.
In addition, you’ll be able to see other users’ stats and data, but you also have the chance to create a private profile. These two features are plus the other advantages that you can utilize to the fullest potential. If you’re in search of an option that gives you with everything you require as trader with experience, the Pro plan is the right choice for you!
Profit.ly’s Other Services
In addition to the trainer tools and leadersboards Profit.ly offers a number of additional services that it can provide. One of those is its online store, which allows users to pick from a range of videos designed to inform and help you understand the ins and outs of trading. Each of the offerings listed on this page of the website can be bought immediately for your personal use. Some of these include bestsellers like the “Trading Tickers” series by trading specialist Tim Grittani, Timothy Sykes’s library of DVDs and streaming-only content about penny stocking, short stocking, and other aspects of trading. There are also clips and footage from the Annual Pennystocking Conference, and products from other expert traders.
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The integrated chat rooms are as well part of Profit.ly’s variety of features and services. You’re probably familiar with the concept of the chat room as you can find it throughout messaging and social platforms, in addition to a few special websites that offer live chat assistance. But on Profit.ly the chat room is viewed as a space where experts and their members can interact and learn in real time. Every guru has their own style when it comes to running their chat room and in dealing with the members. One might be a laid-back person who is not very often active, while another might be more active and in touch with their students. Think of the chat rooms as Profit.ly’s version of a forum, in the 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 traders, from novices to experienced professionals. Given the wide range of options it can provide it is certain to have something for every person.
Newbies, for instance, will enjoy Profit.ly’s collection of educational content offered throughout the platform. In addition, they will get daily videos and chat room advice by its internal gurus and members. They’ll also be able pick from the merchandise available in its online store that they can take with them wherever they may be. They can also gain hands-on experiences by trading through the platform, however they’ll realize that trading is a high-stakes game that should not be viewed as an opportunity to make fun of.
For traders who have decades of experience in the line, we see Profit.ly equally suited to them as people who are just beginning. Although the novices might not be as adept at handling trading matters however, experienced traders know how it works and the stack full of risks that it carries. Ideally, they may make use of Profit.ly’s array of features to their best advantage to improve their skills in trading. Like novices, they can learn from the experts and experts and utilize those short tips and tricks throughout the process.
Profit.ly’s ‘all-together’ nature does not only apply to beginners or semi-experienced trader. Experts who have been verified can also participate in the enjoyment! People in the trade industry who are on similar levels to Superman or Tim Sykes can also use up Profit.ly’s capabilities to display their skills to others in order to navigate them through the ever-changing trading process. Timothy Sykes Email
Profit.ly’s Pros and Pros and
- Profit.ly’s diverse capabilities as a “one-stop’ stock trading platform allows it to provide traders everywhere with an abundance of knowledge, communication, and trading tools
- You get to receive excellent training and advice from the company’s inside experts, as well as libraries of educational videos and real-time trading activities
- You can be sure of complete transparency through Profit.ly with accurate analytics as well as fellow traders ready to call you out if something occurs.
- The platform’s leaderboard feature gives you the chance to establish your credibility as a trustworthy and authentic trader
- Apart from its core abilities, Profit.ly also gives its customers extra options that can be tailored to their needs, like posting unverifiable trades through photographs
- Profit.ly’s wide array of packages and subscription levels are priced at reasonable prices – there truly is something for everyone
- Profit.ly’s numerous packages and products offered may not be enough for most of its users
- As traders may opt to post any kind of trade, there’s an opportunity that some them will profit by cherry-picking the best trades to boost their rating this could be a concern that should not be simply overlooked
- Profit.ly does not accept refunds as its premium users are expected to immediately benefit from the many services the platform has to offer
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The Final Concluding Question: Is Profit.ly Worth It?
If we could think of an appropriate answer for this query, it’s a ‘yes’. But you need to understand that it shouldn’t be treated as a get-rich-quick scheme. It wasn’t designed to be used for this reason. Instead, you need to have the ability to think with an open heart. Timothy Sykes Email
What we mean”yes” is it could be a useful learning tool. For those who are struggling, they may find Profit.ly’s variety of resources useful as they do their best to reduce losses and be more successful than they did before. It’s not just the struggling traders who will profit from the platform. It is able to accommodate novices and even experts in the field!
If you truly care about being more successful in trading and would like to be taught by your peers and experts throughout the process, then take a look at Profit.ly. Profit.ly could be a good alternative to start.
FAQ Timothy Sykes Email
How do you use Profit.ly to post your trades?
Profit.ly offers an entry section for trades in the My Trade section of the dashboard that lets you post your trades, verifiable or not. There are three options:
- Linking your account with your broker of choice and import trades directly from there
- Manually entering your trades into specified spaces and information.
- Upload a screenshot of your transactions
How can I tell whether the trade is authentic or not?
If you buy your trade through a reliable brokerage, there’s an excellent chance that it is verifiable. This is evident by the blue check mark. If you submit it manually or through pictures, it will be classified as unverified.
The disadvantage of an unauthenticated trade is the possibility of receiving negative feedback from colleagues. A large number of downvotes could result in you appearing on the Madoff leaderboard, where users can detect who’s being fraudulent in posting trades.
Does the Profit.ly mobile app still in use?
As of the moment, Profit.ly is still available for download on the Apple App Store as well as the Google Play store. The mobile app version works with all operating tablets and smartphones.
How many people are using Profit.ly?
Profit.ly is currently home to over 150,000 investors and traders as they not only are looking to earn maximum profits but also to help one another grow and learn more about acquiring opportunities on the stock market all over the world.