Stock trading can be an extremely risky game. On certain days, you might have the benefit of positive and satisfactory numbers. However, on other days, the opposite may happen, and it may sometimes be extremely difficult to get back to the point you were at your best. If you find yourself immersed in the water it is important to realize that relying on instinct and survival is not always enough.
If you’ve experienced loss from time to time You’ll need reliable advice from tested and tried trading experts. Additionally, you’ll require an enormous boost from your trading partners from all over the globe. That’s why we’ve discovered an online platform that will help you in your growth within the field. We’ll take the time to 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 Free Ebook
The User’s Experience 4.5/5
Profit.ly is an online trading platform that permits traders of different levels to be knowledgeable and accountable, as well as transparent and uplifting with one another through its wide array of tools and features including chat rooms, trade verification and a rich library of educational material.
How do I define Profit.ly?
Profit.ly is a trading site that serves both as a learning and training platform for those new to trading as well as a place for traders who are experienced to monitor their performance with the help of advanced analytics tools. It provides users with a vast range of resources for trade and communication, it helps traders from all walks of life network with one another. It gives the gurus worthwhile investments within the confines of this platform. Consider it the social media equivalent like Facebook and Reddit but with a focus on professionals and traders.
Profit.ly independently validates trade performance and posts all the data of them in the manner of leaderboards. The platform’s trading model is based on trust and transparency. it makes sure that transactions are legitimate and will not accept fake news as long as is humanly possible. It was created years ago by the penny expert in stock trading and investment guru Timothy Sykes, along with his colleague Michael Mosseri.
In an interview for Forbes magazine, Sykes said that Profit.ly was based “on the transparency of all trades, something that was never previously done.” This idea Sykes said served two goals: 1.) making public records for everyone, not just the experts, but also the students and newsletter writers and secondly) allowing all users to learn from both losses and wins to the benefit of the trading industry. Timothy Sykes Free Ebook
How Does It How Does It
Profit.ly utilizes a subscription model that allows stock traders to gain access to a multitude of features and services aimed towards achieving achievement. It is possible to create an account on the site for free, but you’re only given access to the leaderboards and monitor the activities of people who aren’t gurus. If you’re interested in investing your money to see which stocks the gurus are trading in real-time it is necessary to sign up to one of Profit.ly’s offers, 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’ll be given an opportunity to make your way up to high on the leaderboard. Profit.ly’s Leaderboard function, which was mentioned previously was designed to offer its users a glimpse of their performance as a trading group as well as its experts. You’re not just allowed to show value to a group of traders. You can also use Profit.ly to purchase from a guru with the assurance that you’re comfortable in their skills and the veracity 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, either verified or otherwise, through pictures. Included in Profit.ly is the huge selection of trading classes, the ability to view statistics on a person’s profile as well as other ways to communicate with your gurus via chatrooms along with 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 famously known for his efforts in trades in penny stocks. According to Investopedia Penny stock refers to a small company’s shares that trade for under $5 for each share. Penny stock trading could be viewed as an opportunity for small businesses to transition to a large marketplace as they can access money from the general public. But don’t make the mistake of thinking that 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 an estimated $6 million earnings throughout his illustrious career as trading professional. When he was 25 years old Sykes was given greater exposure and a larger influence over time when he became part of the reality series “Wall Street Warriors.” He took advantage of it to develop trading rooms as well as penny stock themes and educational material aimed at people who are brand new to the trading field. He also helped establish Profit.ly as a place for openness, and for the community to uplift and compete through the platform.
The Profit.ly Gurus
One of Profit.ly’s most appealing features is the vast array of learning resources, trade alerts, and other useful stuff offered by the in-house experts of the platform. The gurus in question refer to the trading experts who have earned significant amounts of profit from their combined years of experience. Timothy Sykes Free Ebook
At its peak, Profit.ly had housed up to five gurus. Each of them a professional within their particular field in the trading industry. Some of the prominent experts included Connor Bruggermann, Nathan Michaud of Investors Underground, and Triforce, among a few others. At the time of writing, only two gurus remain on the 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 offers.
From Tim Sykes Tim Sykes
Sykes offers basic stock trading services with the main priority being penny-priced day trading with Tim’s Alerts. The cost is $74.95 monthly, you will observe him focus on basic stock catalysts and employ them to forecast the next move that is possible when making trades.
A standalone purchase from Tim’s Alerts will get you access to the chatroom and the mobile app available to iOS and 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, upgraded version of the Tim’s Alerts program. Priced at $149.95 monthly, it is an ideal plan for investors who are committed to investing in penny stocks. Pennystocking Silver comes with all the standard features of earlier plans which includes swing trading alerts and unlimited access to a library of over 7,000 educational videos that are updated every week.
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In “Superman” Paul Scolardi: Superman Alerts
Scolardi, who goes by the alias “Superman,” is a trader who has an eye for massive stocks of the small-cap size and insanely accurate marketing forecasts. Since the time he started trading, Superman has amassed over $5.5 million in all-time trading profits. Timothy Sykes Free Ebook
The Superman Alerts plan is his offer of the most essential features and alerts on trading geared to those interested. For $147/month, you’ll get an access to the day-to-day premarket stock watchlist along with the mobile app, daily market commentary shown in real time, and email and SMS alerts.
The film “Superman” Paul Scolardi: Superman Pro
At $247/month, you get additional features, as well as access to an extensive base of knowledge of information provided by Superman himself through his Superman Pro package. On top of the essentials that are included in the Alerts plan, Superman Pro gives you weekly video lessons, including a growing library of all the previous ones. On top of that you’ll also have the ability to access premium reports on research as well as the IPO or earnings monitor.
Profit.ly plans and costs
If you’re looking to join the trading community on the internet and make a mark on the industry, Profit.ly has the right amount of tools to get you going. Profit.ly offers three membership tiers that cater to traders at different levels. Let’s take a look at what these three levels are and what they’ll cost you.
The Novice package is Profit.ly’s basic plan that is designed specifically for people who are brand new to the trading community. As you sign up for this plan you’ll be provided with a variety of powerful and indispensable trading tools, all of which is essential to keep your fingers on what call a competitive procedure in its own.
Among the list of things you can accomplish using Profit.ly’s Novice program is the capability to check trades and track profits and follow-up, leading and even chatting with other traders; and leaving feedback on today’s trades. You can also get onto leaderboards; study, sort, as well as filter trades and, lastly, view other’s stats.
The Novice plan costs $29.95 per monthly payment. Although it might look appealing simply because of the price, there is a downside. It isn’t possible to create a private profile, thus making your activities publicly available. If you’re looking to gain the benefit of this service, stay tuned as we introduce to you Profit.ly’s next plan.
The Trader Plan
The Trader plan allows you to take advantage of a majority of features from the novice plan. It is in this plan that you can set up an account that is private for sharing with fellow associate users all the insights and information you have gained from this trading group.
Priced at $49.95/month, Profit.ly’s Trader plan is exactly what it says catering for those looking to improve their skills in trading. As nice as it seems however, there’s a crucial element that’s missing. In contrast to the Novice package, you won’t be able view other traders’ statistics, which might be a drawback for those who are looking forward to this tier. Timothy Sykes Free Ebook
The Professional plan can be described as the most expensive plan Profit.ly offers to experienced traders. At $74.95 per month, which includes an additional 22% discount for annual billing This plan offers it all. It gives you full, unlimited access to all options of the previous plans combined.
You’re not only able to see other users’ stats and data, but you also have the chance to create your own private profile. Both of these features, in addition to 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 level is the right choice for you!
Profit.ly’s Other Services
Apart from the trainer tools and Leaderboards Profit.ly has a few additional services that it can provide. One of those is its online store, which lets users choose from a wide array of instructional videos that are that are designed to educate and guide you through the ins and outs of trading. All of the products featured in this section of the website is available to be purchased immediately for personal use. Among these products include best-sellers such as”Trading Tickers,” the “Trading Tickers” series from trading specialist Tim Grittani, Timothy Sykes’s collection of DVDs, streaming-only content on short stocking, penny stocking, and other related to trading, videos and footage of events like the Annual Pennystocking Conference, and items from other experts in trading.
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The integrated chat rooms are included in Profit.ly’s range of features and services. You are probably familiar with the chat room as you can see it across messaging and social 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 area where experts and members trade and share knowledge in real-time. Every guru has their own way in running their chat rooms and dealing with the members there. One might be a laid-back person who is less engaged, while another could be more online and communicative to their pupils. Think of chat rooms as Profit.ly’s version of a forum, in the essence.
Who is the Ideal trader to Profit.ly?
Profit.ly’s diverse range of products and features caters to an array of stock traders, from beginners to experienced pros. With the variety of deals it can provide, the platform surely has something for all.
Beginners, for instance, can take advantage of Profit.ly’s knowledge-based materials available across the platform. Not only will they get daily videos and chat room tips by its internal gurus as well as their members. They’ll also be able choose from the items on its store online for them to take wherever they be. Additionally, they can gain practical experiences from trading within the platform, however they’ll be able to realize that the process is a high stakes game that should not be viewed as an opportunity to make fun of.
For the traders with many years of experience down the line, we believe Profit.ly equally suitable to people who are just beginning. While novice traders may not be as well-equipped with dealing with trading issues however, experienced traders know the way it functions and the plethora of risks that it carries. It is ideal to use Profit.ly’s variety of features to their full advantage to enhance their trading abilities. Like beginners, they can learn from the experts and experts and utilize those quick tips and tidbits throughout the process.
Profit.ly’s ‘all-together’ nature does not only apply to beginners or semi-experienced trader. Verified experts can also join in the fun! People in the trade industry who are at the same level as Superman and Tim Sykes can also use the power of Profit.ly’s capabilities to display their expertise to other traders in order to assist them in the ever-changing trading process. Timothy Sykes Free Ebook
Profit.ly’s Pros and Pros and
- Profit.ly’s many capabilities as a “one-stop’ platform for trading stocks allows it to provide traders everywhere with a wealth of education, communication, and trading tools
- You’ll receive excellent training and tips from the internal experts, which include collections of educational videos as well as trading in real-time.
- You can be sure of complete transparency through Profit.ly with accurate analytics as well as other traders ready to call you out whenever something happens
- The leaderboard feature of the platform offers you the opportunity to increase your credibility as a trustworthy and dependable trader
- In addition to its primary features, 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 wide array of subscription plans and guru packages are priced at reasonable prices There is truly something for every person
- Profit.ly’s numerous packages and products offered may seem overwhelming for a lot of its customers
- As traders may opt to post any kind of trade, there’s the possibility that some of them may take advantage by cherry-picking the best trades to increase the rating this could be a risk that shouldn’t be simply overlooked
- Profit.ly does not accept refunds because its premium users are expected to instantly take advantage of the numerous services the platform has to provide
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The Final Verdict: Is Profit.ly worth it?
If we were able to come up with the answer, it would be a ‘yes’. However, you must realize that it shouldn’t be treated as a get-rich-quick scheme. The platform was not always meant to be designed to achieve this goal. Instead, you should have an open mind. Timothy Sykes Free Ebook
What we do mean”yes” is it could be a useful learning tool. People who are stuck could find Profit.ly’s variety of resources to be helpful when they try their best to incur lesser losses and be more successful than before. It’s not just the struggling traders who will benefit from this platform. It is able to accommodate novices and even experts!
So, if you genuinely care about being better at trading and wish to learn from your peers and experts on the way, you should look no further than Profit.ly. Profit.ly could be a good choice to start.
FAQ Timothy Sykes Free Ebook
How can you make use of Profit.ly to make your trades public?
Profit.ly has an entry section for trades within the ‘My Trade’ category of the dashboard which allows you to post your trades, verifiable or not. You may choose between three choices:
- Linking your account to the brokerage of choice and importing transactions directly through there
- Manually entering your trades using provided spaces and specifics
- Send a screen shot of your transactions
How can I tell whether the trade can be verified or not?
If you import your trade from a trusted brokerage, there’s a high probability that it’s verifiable. This is evident by the small blue check. If you upload it in a manual way or by taking screenshots, it will automatically be assigned as unverified.
The downside of having an unverified trade is the risk of getting downvotes from your friends and colleagues. If you receive too many negative votes, it could cause you to show up in 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 for download on the Apple App Store and in the Google Play store. The mobile version of the app is compatible with the majority of functioning tablets and smartphones.
How many are connected to Profit.ly?
Profit.ly currently houses more than 150,000 investors and traders as they not only are trying to maximize profits but also to help one another learn and improve in acquiring opportunities on the stock market both right and left.