Stock trading is an exciting game with high stakes. On some days, you might have the benefit of positive and satisfying numbers. However, on other days, the opposite may happen and it could be extremely difficult to return to where you were at your peak. If you find yourself constantly stuck in the gutter it is important to realize that relying on instinct and survival is not always enough.
If you’ve suffered loss from time to time You’ll need solid advice from seasoned and tested trading experts. Also, you’ll need an enormous boost from your trading partners from all over the world, which is why we’ve found an online platform that will help you to improve your performance within the field. 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. Do check out our article below, however, because it has a comprehensive overview of Profit.ly.
Overall Rating: 4.1/5 Timothy Sykes Erfahrungen
The User’s Experience 4.5/5
Profit.ly can be described as an online platform for trading that allows traders of different levels to be knowledgeable and accountable, as well as transparent and to build relationships with each other through its broad range of features and tools like trade verification, chat rooms and a rich library of educational content.
How do I define Profit.ly?
Profit.ly is a site for trading that serves both as a training and learning platform for people new to trading 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 to facilitate trade and communication that help traders from all walks of life network with each other. It gives the gurus worthy investments within the boundaries that the site. Consider it the social media equivalent to Facebook and Reddit but with a focus on traders and experts.
Profit.ly independently verifies trade performances and then publishes the information of them in the manner of leaderboards. The platform for trading is built on honesty and transparency: it guarantees that the transactions are legitimate and will not allow for fraud as much as possible. It was established years ago by the penny expert in stock trading and investment guru Timothy Sykes, along with his colleague Michael Mosseri.
One time , during an appearance in Forbes publication, Sykes stated that Profit.ly was motivated by its focus “on showing all trades, something that has never been previously done.” This idea Sykes said served two goals: 1.) keeping track of public data for all traders, not just the gurus, but also the students and newsletter writers, and 2) allowing anyone on the platform to gain insight into both the wins and losses to the benefit of the trading industry. Timothy Sykes Erfahrungen
How Does It How Does It
Profit.ly utilizes a subscription model that lets stock traders benefit from a variety of services and features geared toward achievement. You can create an account on the site for free, but you’re only given the capability to browse the leaderboard and follow the activities of people who aren’t gurus. If you’re interested in investing your money and see which stocks the gurus are trading in real time You’ll need to join one of Profit.ly’s offerings, which we will discuss in the near future.
The process of opening an account is easy: create an account with your experience and skills, join your brokerage account, and you’ll be given a chance to shoot your way up to high on the leaderboard. Profit.ly’s Leaderboard function, which was we’ve mentioned earlier was designed to offer its users a look at how the community of traders performs as well as its gurus. You’re not just allowed to show your worth to a group of traders, as you can also utilize Profit.ly to buy with a professional with the confidence that you are confident in their skills and the legitimacy of their claims.
If you’re not comfortable with the concept of leaking the details of your broker account you may opt to post your trades, verified or otherwise, through screenshots. In Profit.ly are the vast number of trading classes as well as the ability to look at the stats of a trader’s account, and more ways to communicate with your gurus through the chatroom in addition to text and e-mail alerts and updates.
Meet the Founder: Tim Sykes
Timothy Sykes is a well-renowned day trader who has been famously known for his involvement in penny stock trading. According to Investopedia Penny stock refers to a small company’s shares that trade for just less than 5 cents per share. The penny stock market is an avenue for small companies to move to a market that is larger as it gives them access to money from the general public. However, don’t get it wrong – it can also be a high-risk game, which Sykes is sure to reveal because of his decades of experience.
Beginning at the end of his time in high school, Tim Sykes has, since then, made over $6 million of profits during his long and successful career as trading professional. At the age of 25, he had been given greater exposure and an even wider impact as a participant in the reality TV show “Wall Street Warriors.” He then took advantage of it to establish trading rooms and penny stock themes and educational material aimed at those who are just beginning to learn about trading. He also played a role in establishing Profit.ly as a place for transparency, and to allow the community to rise and compete on the platform.
The Profit.ly Gurus
One of Profit.ly’s amazing features is the variety of education sources, trade alerts and other useful stuff offered by the platform’s in-house gurus. Gurus are referred to the trading experts who have earned substantial amounts of money through their years of expertise. Timothy Sykes Erfahrungen
At its peak, Profit.ly had housed up to five gurus. Each of them a professional in their niche in the trading industry. Some of the most famous experts were Connor Bruggermann, Nathan Michaud of Investors Underground, and Triforce among others. At the time of writing, however, only two gurus remain on this platform: the founder of the penny stock market Tim Sykes and veteran smallcap swing trader Paul Scolardi, also known as Superman. In light of that, let’s take a look at what packaged deals each guru has to offer.
From Tim Sykes: Tim’s Alerts
Sykes provides a basic stock trading service which focuses on penny-priced day trading with Tim’s Alerts. The cost is $74.95 for a month you’ll be able to see him focus on the fundamental stock catalysts and use them to predict the next move that is possible when trading.
A single purchase of Tim’s Alerts will get you access to the chatroom and the mobile app that’s available for 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 highest-quality, upgraded version of the Tim’s Alerts program. Priced at $149.95 per month, this is an ideal plan for investors who are committed to investing in penny stocks. Pennystocking Silver offers all the essential features found in the previous plan, which includes alerts for swing trading and access to a library of over 7,000 educational videos and new videos released each week.
In “Superman” Paul Scolardi: Superman Alerts
Scolardi who is known under the name “Superman,” is a professional in swing trading with an eye for small-cap monumental stocks and crazy-accurate marketing forecasts. Since when he first started trading, Superman has amassed over $5.5 million in all-time trading profits. Timothy Sykes Erfahrungen
The Superman Alerts plan is his offering of essential features and trading alerts geared towards those who might be interested. For $147 per month, you’ll gain access daily stock watchlist that is premarket and the mobile app, daily market updates in real-time, as well as SMS and e-mail alerts.
The film “Superman” Paul Scolardi: Superman Pro
For $247 per month, you can enjoy additional features and access to a knowledgeable base that is provided by Superman himself through the Superman Pro package. On top of the essentials included in the Alerts package, Superman Pro gives you daily video lessons, which include the growing collection of other previous ones. On top of that you’ll also have access to premium research reports as well as the IPO and earnings tracker.
Profit.ly Programs and Costs
If you’re eager to join the trading community on the internet and leave a mark in the market, Profit.ly has the right amount of resources to help you up and running. The platform has three membership tiers, each designed for traders with different levels. Let’s look at what the three levels are and what they’ll cost you.
The Novice package is Profit.ly’s beginning-of-the-line plan 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 vital trading tools, each of them integral in keeping your fingers on what can describe as a cutthroat process in and of itself.
Some of the features you can accomplish using Profit.ly’s Novice package include the ability to confirm the results of your trades and track profit and follow-up, leading, and even messaging other traders; and leaving feedback on today’s trades. It also allows you to be on leaderboards; analyze your trades, sort or filter the trades you make and lastly, look at other people’s statistics.
The Novice plan costs $29.95 per month. While it may look attractive just by the price however, there’s a drawback. You can’t create a private profile, which makes your actions public. If you’re interested in have the benefit of this service, you should stay tuned as we introduce to you Profit.ly’s next strategy.
The Trader Plan
The Trader package allows users to benefit from the majority of features available in The Novice package. In this plan, that you can create an account that is private for sharing with fellow associate users all the insights and knowledge you gain from trader’s community.
Costing $49.95/month, Profit.ly’s Trader plan is exactly what it says caters to those who desire to improve their skills in trading. While it’s nice however, there’s a crucial aspect that’s not included. As opposed to the prior Novice package, you won’t be able to view other traders’ stats this could be a problem for those who are looking forward to this tier. Timothy Sykes Erfahrungen
The Professional plan can be described as the highest premium package that Profit.ly can offer to experienced traders. With $74.95 each month which includes a 22% discount for annual billing, this tier has everything. You get full, no-holds-barred access to all features from the two prior plans.
In addition, you’ll be able to see other users’ stats, but you’re also given the opportunity to create an individual profile. Both of these features, on top of all the benefits that you can use to the fullest potential. If you’re in search of an account that will give you with everything you require as a skilled trader, maybe the Pro level is the right choice for you!
Profit.ly’s Other Services
In addition to the trainer tools and leaderboards, Profit.ly provides a variety of more services it has to offer. One of them is the online store, where customers can pick from a range of video products created to provide guidance on the nuances and pitfalls of trading. Each of the offerings listed on this page of the site can be bought immediately for your personal use. These include best-selling products such as”Trading Tickers, “Trading Tickers” series by trader expert Tim Grittani, Timothy Sykes’s collection of DVDs, streaming-only content related to short stocking, penny stocking, and all other things trading-related, clips and clips from The Annual Pennystocking Conference, and other products by expert traders.
Chat rooms integrated into Profit.ly are as well part of Profit.ly’s array of features and services. You may be familiar with chat rooms since you can find it throughout messaging and social platforms, in addition to a few special websites that provide live chat assistance. But on Profit.ly it’s seen as a space where experts and their member traders can communicate and exchange knowledge in real-time. Each guru has their style in running their chat rooms and in dealing with the members. One might be a laid-back person who is rarely active, while another may be more active and in touch with their students. Think of chat rooms as Profit.ly’s version of the forum in the essence.
Who is the Ideal trader to Profit.ly?
Profit.ly’s diverse range of products and features cater to an array of stock traders, ranging from novices to experienced professionals. Given the wide range of options it can provide this platform definitely has something for everyone.
Beginners, for instance, will enjoy Profit.ly’s knowledge-based information available on the platform. In addition, they will get daily videos and chat room advice by its internal gurus and members. They’ll also be able to pick from the merchandise available on its store online for them to take wherever they may go. You can also get hands-on experiences by trading through the platform, but eventually, they will soon learn that the process is a risky game that shouldn’t be taken as an amusing pastime.
For traders who have decades of experience in the line, we see Profit.ly equally suitable to them as those who are just starting. Although the novices might not be as well-equipped with handling trading matters, the pros already understand the way it functions and the stack full of risks that it carries. In the ideal scenario, they can use Profit.ly’s range of features to their full advantage to improve their trading skills. Like novices, they can learn from the experts and experts and utilize those short tips and tricks to help them along.
Profit.ly’s “all-inclusive” nature isn’t limited to novices or semi-experienced trader. Verified experts can also join in the fun! Those in the trading industry who are on the same level as Superman and Tim Sykes can also use the power of Profit.ly’s abilities to show off their skill to others in order to assist them in the ever-changing trading process. Timothy Sykes Erfahrungen
Profit.ly’s Pros and Pros and
- Profit.ly’s many capabilities as a “one-stop’ stock trading platform enable traders from all over the world with an abundance of knowledge tools, communication, and trading tools
- You’ll be taught by experts and tips from the internal experts, which include libraries of educational videos and trading in real-time.
- You’re guaranteed transparency throughout Profit.ly with accurate analytics 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 dependable trader
- Apart from its main abilities, Profit.ly also gives its customers extra options that can be tailored to their individual preferences, for instance, posting trades that are not authentic by taking photographs
- Profit.ly’s wide array of subscription plans and guru packages are priced at reasonable prices – there truly is something for every person
- Profit.ly’s abundance of packages and products offered may seem overwhelming for a lot of its customers
- If traders decide to open any kind of trade, there is a possibility that some of them may take advantage by cherry-picking the best trades to boost their rating This could be a risk that shouldn’t be overlooked.
- Profit.ly does not accept refunds, as the premium customers 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 could come up with the answer, it’s an affirmative “yes”. But it is important to realize that the platform should not be used as a quick-fix scheme to make money. The platform was not always designed to be used for this reason. Instead, it is best to keep the ability to think with an open heart. Timothy Sykes Erfahrungen
What we do mean”yes” is that it is a fantastic learning tool. For those who are struggling, they could find Profit.ly’s array of resources useful as they do their best to avoid losses and perform better than before. It’s not only the poor traders that can profit from the platform. It can accommodate beginners and even experts!
So, if you genuinely want to become better at trading and wish to be taught by your peers and experts throughout the process, then take a look at Profit.ly. Profit.ly is a fantastic alternative to start.
FAQ Timothy Sykes Erfahrungen
How do you use Profit.ly to post your trades?
Profit.ly has a trade entry portion under the ‘My Trade category on the dashboard that lets you post your trades that are verified or not. You may choose between three choices:
- Linking your account with your brokerage of choice and importing transactions directly through there
- Manually entering your trades into specified spaces and information.
- Take a photo of your trades
How do I know if the trade is verifiable or not?
If you buy your trade through a reliable brokerage, there is the chance that it is verifiable. This is evident by the blue check mark. If you submit the information manually or via pictures, it will be assigned as unverified.
The downside of having an unauthentic trade is the risk of getting downvotes from your fellow peers. A large number of downvotes could cause you to show up at the top of the Madoff leaderboard, where users can see who’s dishonest in posting trades.
Is the Profit.ly mobile application still available?
As of this writing, Profit.ly is still available to download from the App Store for Apple and in the Google Play store. The mobile version of the app is compatible with most functioning tablets and smartphones.
How many are connected to Profit.ly?
Profit.ly is currently home to over 150,000 investors and traders, as they not only are seeking to make the most profit but also help each other develop and grow in their ability to take advantage of opportunities in the stock market left and right.