Stock trading is a high-stakes game. Some days, you might enjoy the benefits of positive and satisfactory numbers. On other days, the opposite may happen and it could be very difficult to return to where you were your peak. If you are immersed in the water it is important to recognize that relying on instinct and survival may not always be enough.
If you’ve suffered losses from time to time You’ll need sound advice from tried-and-tested trading experts. You’re also gonna need an enormous boost from your fellow traders from around the globe, which is why we’ve discovered an online platform that will help you in your growth in the industry. We’ll take the time to look at Profit.ly A well-respected single-stop social platform to trade!
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 Free Training
Value: 4.1/5
Quality: 4.1/5
Costs: 4.1/5
User Experience: 4.5/5
Summary
Profit.ly is an online trading platform that enables traders of various levels to be informed, transparent, accountable, and to build relationships with each other through its broad range of features and tools including chat rooms, trade verification, and an enriched library of educational material.
What exactly is Profit.ly?
Profit.ly is a trading site which serves as a training and learning platform for traders who are just beginning their journey and as a hub for experienced traders to track their performance through the use of sophisticated analytics tools. Offering users a broad variety of tools for trade and communication that help traders from all walks of life connect with one another. It offers gurus with an opportunity to invest in the right areas that the site. Imagine it as the social media equivalent the likes of Facebook and Reddit, but for professionals and traders.
Profit.ly independently checks the performance of trades and then publishes the information from them in the style of leaderboards. The platform’s trading model is based on honesty and transparency: it makes sure that trades are authentic and won’t accept fake news as long as it is possible. It was founded many years ago by penny expert in stock trading and investment expert Timothy Sykes, along with fellow expert Michael Mosseri.
One time during his interview for Forbes magazine Sykes declared that Profit.ly was driven by its focus “on showing every trade, something that has never been done before.” This idea, he added, served two goals: 1.) making public records for all traders, not just the gurus as well as students and newsletter writers, and 2) giving anyone on the platform to be enlightened by both losses and wins to the benefit of the trading industry. Timothy Sykes Free Training
How Does It Work?
Profit.ly is a subscription-based platform which allows stock traders to have access to a range of tools and services that are geared at achieving achievement. You can create an account on the site at no cost, however you’re only given the capability to browse the leaderboard and follow the activities of non-gurus. If you’re ready 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 offers that we’ll discuss in the near future.
Setting up an account is easy: create an account with your experience and skills, join to your brokerage account and you have yourself a chance to shoot your way up to the top of the leaderboard. Profit.ly’s leaderboard feature, as previously mentioned, is designed to give its users a look at the performance of the trading community and its experts. It’s not only a chance to prove that you’re worthy to the group of traders. You can also utilize Profit.ly to purchase with a professional with the confidence that you are confident with their expertise and the legitimacy of their assertions.
If you’re not comfortable with the idea of divulging your brokerage account, you may opt to post your trades, verified or not, via screenshots. Included in Profit.ly is the huge selection of courses in trading and the capability to see stats in a trader’s profile as well as other ways to interact with your experts in the chatroom, as well as text and e-mail alerts and updates.
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Meet the Founder: Tim Sykes
Timothy Sykes is a well-renowned day trading guru who is well-known for his involvement in the penny-stock market. According to Investopedia Penny stock refers to a small-sized company’s stock which trades at less than $5 per share. Penny stock trading could be viewed as an avenue for small businesses to transition to a large marketplace as it allows them to access funds from the general public. But don’t make the mistake of thinking that it’s also an extremely risky activity, as Sykes will be able to tell you because of his decades of expertise.
From his beginnings at the end of his time in the high schools, Tim Sykes has, since then, made an estimated $6 million profit through his lengthy career as a trader. At the age of 25 Tim Sykes had received greater exposure and an even wider impact as a participant in the reality TV show “Wall Street Warriors.” Then, he used the opportunity to develop trading rooms, penny stock themes, as well as educational content targeted at those who are new to the trading field. He also played a role in establishing Profit.ly as a place for transparency and for the community to uplift and compete through the platform.
The Profit.ly Gurus
One of Profit.ly’s amazing features is the variety of learning tools, trade alerts and other useful stuff offered by the platform’s in-house gurus. These gurus refer to the trading experts who have earned substantial profits from their combined years of expertise. Timothy Sykes Free Training
At its height, Profit.ly had housed up to five gurus, all of them a professional in their field of expertise in the trading industry. Some of the most famous 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. In light of that, let’s take a look at the packages each guru offers.
From Tim Sykes: Tim’s Alerts
Sykes provides basic stock trading services that focuses on penny stock day trading through Tim’s Alerts. Costing $74.95 monthly, you’ll be able to observe him focus on fundamental stock catalysts and use them to predict the next moves that could occur when trading.
A single purchase from Tim’s Alerts will get you access to the chatroom and the mobile application that is available to iOS and Android devices, as well as texts, emails 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, upgraded version of the Tim’s Alerts program. At $149.95 for a month it is a great option for those who are invested in penny stock trading. Pennystocking Silver includes all the basic features of prior plans, which includes swing trading alerts and unlimited access to an extensive library of over 7,000 educational videos, with new ones released weekly.
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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 small-cap monumental stocks and crazy-accurate marketing forecasts. In the time since he began as a trader, Superman has amassed over $5.5 million in total trading earnings. Timothy Sykes Free Training
The Superman Alerts plan is his offering of essential features and trading alerts geared towards those who might be interested. For just $147 per month, you’ll have access to the daily premarket stock watchlist and the mobile app, daily market updates in real-time, as well as email and SMS alerts.
From “Superman” Paul Scolardi: Superman Pro
For $247 per month, you can enjoy additional features, plus access to an extensive base of knowledge that is provided by Superman himself through the Superman Pro package. In addition to the basic features that are included in the Alerts package, Superman Pro gives you weekly video lessons, including a growing library of all other previous ones. On top of that, you’ll also get an access to high-quality research papers and the IPO or earnings monitor.
Profit.ly Programs and Costs
If you’re eager to join the world of online trading and leave your mark on the field, Profit.ly has the right amount of resources to get you started. The platform has three membership levels, each designed for traders with different levels. Let’s look at what the three are and how much they will cost you.
Novice Plan
The Novice package is Profit.ly’s entry-level plan designed especially for those who are new to the world of trading. Once you have signed up for this plan you’ll be offered a range of strong and indispensable trading tools, all one of them essential in keeping your fingers on what could call a ruthless procedure in its own.
Among the list of things you can accomplish with Profit.ly’s Novice program is the ability to verify trades and track profits and follow-up, leading and even texting your fellow traders, as well as giving feedback on the trades of today. You can also get on leaderboards, analyze the results of your analysis, sort, and filter your trades; and lastly, look at other people’s statistics.
The Novice plan is $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 get access to this feature, you should stay tuned as we introduce to you Profit.ly’s new plan.
Trader Plan
The Trader plan allows users to benefit from many of the features of the Novice plan. In this plan, that you can create an account that is private for sharing with fellow associate users all the insights and information you have gained from this trading group.
Costing $49.95/month, Profit.ly’s Trader plan does what the name suggests catering to those who desire to develop their expertise in trading. While it’s nice however, there’s a crucial feature that is missing. In contrast to the Novice package, you will not be able to view other traders’ stats this might be a drawback for some who may be eager to try this new tier. Timothy Sykes Free Training
Pro Plan
The Professional plan can be described as the most luxurious package Profit.ly can offer to experienced traders. It costs $74.95 monthly, and 22% off for annual billing This plan offers everything. It gives you full, unlimited access to all the features of the previous plans.
You’re not only able to look at other people’s statistics and data, but you also have the chance to create a private profile. Both of these options, on top of all the advantages that you can utilize to their fullest capacity. If you’re in search of an account that will give you with everything you require as an experienced trader, the Pro tier could be the right choice for you!
Profit.ly’s Other Services
Apart from the provided training tools and the leadersboards Profit.ly offers a number of more services it has to provide. One of those is its online store, which allows users to pick from a range of videos created to help you understand the nuances and pitfalls of trading. Each of the offerings listed on this page of the site can be immediately purchased for personal use. Among these products include best-sellers such as”Trading Tickers, “Trading Tickers” series by trading expert Tim Grittani, Timothy Sykes’s collection of DVDs, streaming-only content on short stocking, penny stocking, and other things trading-related, clips and clips from The Annual Pennystocking Conference, and items from other experts in trading.
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The chat rooms that are integrated are included in Profit.ly’s variety of services and features. You’re probably familiar with chat rooms since you will see it on social and messaging platforms as well as some specialty 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 in operating their chat room and dealing with the listed members there. Some may be more laid back and less active, while another may be more online and communicative in their interactions with students. Think of chatrooms 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 are geared towards an array of stock traders, ranging from novices to the most experienced. Considering the number of offers it has to offer this platform definitely has something for all.
Newbies, for instance, can take advantage of Profit.ly’s library of learning content offered throughout the platform. In addition, they will be provided with videos every week and chat room advice from its in-house gurus as well as their members. Additionally, they can select from the products in its online store to carry with them wherever they may travel. They can also gain hands-on experience trading on the platform, however 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 those traders who have had decades of experience in the line, we see Profit.ly as equally as suitable for them as it is for people who are just beginning. Although the novices might not be as proficient in dealing with trading issues however, experienced traders know how it works along with the plethora of risks that it carries. It is ideal to utilize Profit.ly’s variety of features to their full advantage to improve their trading abilities. Like beginners, they can learn from the experts and experts , and use those simple tips and hints along the way.
Profit.ly’s “all-in” approach does not only apply to beginners and semi-experienced traders. Experts who have been verified can also participate in the enjoyment! Trade professionals who are on the same level as Superman as well as Tim Sykes can also use up Profit.ly’s abilities to show off their skills to others as a way to help guide them through the ever-illustrious trading process. Timothy Sykes Free Training
Profit.ly’s Pros and Cons
The Pros
- Profit.ly’s numerous capabilities as a “one-stop’ stock trading platform allows traders across the globe with a wealth of education, communication, and trading tools
- You will receive excellent training and advice from the company’s in-house gurus, including collections of educational videos as well as live trading activity.
- You can be sure of complete transparency through Profit.ly with accurate analytics and 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 dependable trader
- In addition to its primary features, Profit.ly also gives its customers additional options to meet their individual preferences, for instance, posting unauthentic trades via images
- Profit.ly’s wide array of subscription plans and guru packages are priced at a reasonable cost There is truly something for everyone
The Cons
- Profit.ly’s abundance of packages and services offered could not be enough for most of its customers
- As traders may opt to post any kind of trade, there’s an opportunity that some them will profit by picking the most profitable trades to boost their rating this could be a risk that shouldn’t be ignored.
- Profit.ly does not offer refunds as the premium customers are expected to instantly 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 the answer, it’s an affirmative “yes”. But you need to understand that this platform shouldn’t be viewed as a get-rich-quick scheme. The platform wasn’t originally intended to be created in this way. Instead, you need to have curiosity. Timothy Sykes Free Training
What we do mean”yes” is it could be a useful learning tool. Those who may be stuck could discover Profit.ly’s array of resources useful when they try their best to avoid losses and be more successful than they did before. It’s not only the struggling traders that will benefit from the platform. It will be able to accommodate beginners as well as even experts in the field!
So, if you genuinely care about being a better trader and want to be taught by your peers and experts along the way, then take a look at Profit.ly. Profit.ly could be a good choice to start.
FAQ Timothy Sykes Free Training
How do you use Profit.ly to publish your trades?
Profit.ly has the option of allowing trade entries under the My Trade section of the dashboard that allows you to post your trades, either verified or not. There are three choices:
- Connecting your account to your brokerage of choice and then importing the trades from that directly
- Manually entering your trades into specified spaces and information.
- Upload a screenshot of your trades
What can I do to determine 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 post it manually or through pictures, it will be assigned as unverified.
The disadvantage of an unauthenticated trade is the risk of receiving negative feedback from friends and colleagues. If you receive too many negative votes, it could cause you to show up on the Madoff leaderboard, where users can see who’s untruthful in submitting trades.
Is the Profit.ly mobile application still available?
At the time of writing, Profit.ly is still available to download from the Apple App Store and in the Google Play store. The mobile version of the app works with all operating 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 trying to maximize profits but also assist each other to learn and improve in acquiring stock market opportunities left and right.
