Stock trading is an exciting game with high stakes. Some days, you may enjoy the benefits of positive and satisfying numbers. On other days it could be the reverse and it can be extremely difficult to get back to where you were your peak. If you are immersed in the water it is important to recognize that relying on instinct and survival is not always enough.
If you’ve experienced occasional losses, 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 globe, which is why we’ve found an option that can help you in your growth within the field. This review will take the time to look at Profit.ly is a well-known 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 Hcmc
User Experience: 4.5/5
Profit.ly is an online trading platform that enables traders of different levels to be informed and accountable, as well as transparent and uplifting with one another through its wide range of features and tools including chat rooms, trade verification as well as an extensive library of educational material.
What exactly is Profit.ly?
Profit.ly is a trading website that serves both as a learning and education platform for people who are starting out and as a hub for experienced traders to track their performance using the aid of cutting-edge analytics tools. It provides users with a vast range of resources to facilitate trade and communication and letting traders from every field of business connect with one another. It offers gurus with worthwhile investments within the confines of the platform. Imagine it as an online social media platform similar to Facebook and Reddit however it is geared towards traders and experts.
Profit.ly independently validates trade performance and publishes all data from them in the form of leaderboards. The trading platform is built on transparency and honesty: it ensures that the transactions are legitimate and will not tolerate inauthenticity as much as it is possible. It was established many years ago by penny stock trade expert and investment expert Timothy Sykes, along with the other expert Michael Mosseri.
One time during his interview for Forbes publication, Sykes declared that Profit.ly was driven by its focus “on the transparency of every trade, something that has never been done before.” The concept Sykes said served two purposes: 1) making public records for not just the gurus as well as students and newsletter writers as well as) making it possible for all users to be enlightened by both losses and wins for the trading industry’s benefit. Timothy Sykes Hcmc
How Does It Perform?
Profit.ly utilizes a subscription model that allows stock traders to gain access to a multitude of tools and services that are geared towards achieving achievement. It is possible to create an account there at no cost, however you’re limited to access to the leaderboards and monitor the actions of non-gurus. If you’re ready to invest your money to see what stocks the experts are trading in real time You’ll need to sign up to one of Profit.ly’s offers, which we will discuss in the near future.
The process of opening an account is easy: create a profile with your experiences and expertise, connect your brokerage account, and you’ll have the chance to climb your way up to at the very top of the list. Profit.ly’s Leaderboard function, which was we’ve mentioned earlier it is designed to provide its users a glimpse of their performance as a trading group as well as its gurus. It’s not just a way to demonstrate that you’re worthy to the group of traders, as you can also utilize Profit.ly to shop from a guru with the assurance that you’re comfortable in their skills and the veracity of their assertions.
If you’re not comfortable with the idea of divulging your brokerage account, you can decide to share your trades, either verified or not, by taking pictures. Also included in Profit.ly are a variety of courses in trading and the capability to see statistics on a person’s profile as well as other ways to communicate with your gurus through the chatroom as well as 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 has been famously known for his efforts in the penny-stock market. According to Investopedia Penny stock refers to a small company’s stock that trades for just less than 5 cents per share. The penny stock market is an opportunity for small-scale businesses to make the transition into a larger market because they can access capital from the public. However, don’t get it wrong – it’s also an extremely risky game, as Sykes is sure to reveal thanks to his years of experience.
Beginning in the latter years of the high schools, Tim Sykes has, since then, earned more than $6 million in profit throughout his illustrious career as trader. At 25 years old Tim Sykes had received more exposure and a wider influence over time when he was a part of the reality TV show “Wall Street Warriors.” He used the opportunity 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 lift each other up and compete through the platform.
The Profit.ly Gurus
One of Profit.ly’s most appealing features is the wide range of learning resources, trade alerts, and other useful stuff offered by the company’s internal gurus. These gurus refer to the experts in trading who have proven to make significant amounts of profit from their combined years of experience. Timothy Sykes Hcmc
At its height, Profit.ly had housed up to five gurus, each of them a pro in their niche in the field of trading. Some of the most prominent gurus included Connor Bruggermann, Nathan Michaud of Investors Underground, and Triforce among others. At the time of writing there are only two gurus who remain on the platform: the founder of the penny stock market Tim Sykes and veteran smallcap swing trader Paul Scolardi, also known as Superman. With that taken into consideration we’ll take a look at the packaged offers each guru can 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. Costing $74.95 for a month you’ll be able to see him concentrate on the fundamental catalysts for stocks and utilize them to anticipate the next possible moves in making trades.
A single purchase of 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; email, text and push alerts as well as a daily watchlist of stocks.
from Tim Sykes: The Pennystocking Silver Package
Pennystocking Silver is the premium version, with an upgraded version of Tim’s Alerts program. Priced at $149.95 per month, this is the perfect plan for those who are more invested in investing in penny stocks. Pennystocking Silver comes with all the standard features of prior plans, which includes swing trading alerts as well as unlimited access to a rich library of more than 7,000 instructional videos and new videos released every week.
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From “Superman” Paul Scolardi: Superman Alerts
Scolardi who goes under the alias “Superman,” is a trader who has an eye for both massive stocks of the small-cap size and insanely accurate marketing forecasts. Since when he first started trading, Superman has amassed over $5.5 million in trading earnings. Timothy Sykes Hcmc
The Superman Alerts plan is an package of vital features and alerts on trading geared to those interested. For just $147 per month, you’ll have an access to the day-to-day premarket stock watchlist as well as the mobile app, daily market updates in real-time, and E-mail and SMS alerts.
The film “Superman” Paul Scolardi: Superman Pro
For $247 per month, you can enjoy additional features, plus access to the extensive knowledge base of information provided by Superman himself, via Superman Pro. Superman Pro package. On top of the essentials included in the Alerts plan, Superman Pro gives you daily video lessons, which include the growing collection of other previous ones. Additionally you’ll also gain an access to high-quality research papers and the IPO as well as earnings tracking tool.
Profit.ly Plans 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 up and running. The platform offers three membership levels that cater to traders at different levels. Let’s look at what the three tiers are and how much they’ll cost you.
The package called Novice is Profit.ly’s entry-level plan designed especially for those who are just beginning their journey to the trading community. When you sign to this plan you’ll be offered a range of strong and indispensable trading tools, each of which is essential to keep your fingers on what could call a ruthless process by itself.
Some of the features you can do using Profit.ly’s Novice package include the ability to confirm trades and track profits; leading, following and even texting other traders; and giving feedback on the trades of today. It also allows you to be onto leaderboards; study your trades, sort and filter your trades and lastly, look at the statistics of other traders.
The Novice plan will cost $29.95 per monthly payment. While it may look attractive for the price alone however, there’s a drawback. You aren’t able to create a personal account, making your activities publicly available. If you’re interested in gain access to this feature, you should be watching for us to introduce to you Profit.ly’s next plan.
The Trader package allows you to use the majority of features available in the novice plan. It is in this plan that you can create an individual profile that allows you for sharing with fellow associate users all your knowledge and information you have gained from the trading community.
Costing $49.95/month, Profit.ly’s Trader plan does what the name suggests catering people who want to develop their skills in trading. Although it’s a nice thing but there’s one important aspect that’s not included. In contrast to the Novice package, you won’t be able view other traders’ statistics this might be a drawback for some who may be looking forward to this tier. Timothy Sykes Hcmc
The Pro plan is the highest expensive plan Profit.ly can offer to experienced traders. With $74.95 per month, and 22% off for billing annually This plan offers everything. You get full, no-holds-barred access to all features from the two previous plans combined.
Not only do you get to see other users’ stats, but you’re also given the opportunity to create your own private profile. Both of these features, on top of all the advantages you’ll be able to use to their fullest capacity. If you’re looking for a plan that can serve you everything you need as an experienced trader, the Pro level is ideal for you!
Profit.ly’s Other Services
Apart from the provided tools for training and Leaderboards Profit.ly provides a variety of additional services that it can provide. One of these is its online store, where customers can choose from a wide array of video products designed to inform and help you understand the nuances and pitfalls of trading. The products listed on this page of the site can be purchased immediately for personal use. Some of these include bestsellers like”Trading Tickers, “Trading Tickers” series by trader expert Tim Grittani, Timothy Sykes’s collection of DVDs and streaming-only content about short stocking, penny stocking, as well as all things trading-related, clips and footage 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 range of services and features. You’re probably familiar with the concept of the chat room as you will see it on social and messaging platforms, as well as some specialty websites that provide live chat assistance. However, in Profit.ly the chat room is viewed as a real-time space where experts and their member traders can communicate and learn in real time. Each guru has their style in running their chat rooms and dealing with the members there. One might be more laid back and less engaged, while another could be more interactive and online with their students. Think of the chat rooms like Profit.ly’s version of a forum, in the essence.
Who is the best trader to Profit.ly?
Profit.ly’s wide range of products and features cater to an array of stock trader types, from beginners to experienced pros. With the variety of deals it has to offer it is certain to have something for all.
Beginners, for instance, will enjoy 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 on its store online to carry with them wherever they may go. Additionally, they can gain practical experiences by trading through the platform, but ultimately they’ll realize that this is a high stakes game that should not be viewed as a joke.
For those traders who have had many years of experience down the road, we consider Profit.ly equally suitable to those who are just starting. While novice traders may not be as adept at handling trading matters but the experts already know the way it functions and the risky mix associated with it. In the ideal scenario, they can make use of Profit.ly’s range of options to their maximum advantage to improve their trading abilities. Like beginners, they can learn from the top experts and experts , and use those quick tips and tidbits throughout the process.
Profit.ly’s ‘all-together’ nature doesn’t just apply to newbies and semi-experienced traders. Experts who have been verified can also participate in the enjoyment! Those in the trading industry who are on the same level as Superman and Tim Sykes can also use up Profit.ly’s capabilities to showcase their skills to others in order to guide them through the ever-illustrious trading process. Timothy Sykes Hcmc
Profit.ly’s Pros and Cons
- Profit.ly’s many capabilities as a ‘one-stop’ stock trading platform allows it to provide traders everywhere with tons of learning tools, communication, and trading tools
- You get to be taught by experts and advice from the company’s internal experts, which include video libraries that teach you how to learn and live trading activity.
- You’re guaranteed transparency throughout Profit.ly by using accurate data as well as fellow traders that are waiting to reach you when something goes wrong.
- The leaderboard feature of the platform offers you the opportunity to increase your credibility as a trustworthy and authentic trader
- Apart from its main features, Profit.ly also gives its users extra options to suit their needs, like posting unverifiable trades through images
- Profit.ly’s variety of subscription levels and guru packages are priced at reasonable prices – there truly is something for all
- Profit.ly’s abundance of products and packages offered might not be enough for most of its users
- If traders decide to make any type of trade, there is an opportunity that some them could profit from picking the most profitable trades to boost their rating this could be a problem that shouldn’t be overlooked.
- Profit.ly will not allow refunds as the premium customers will immediately take advantage of the numerous services the platform has to provide
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The Final Concluding Question is: Is Profit.ly Valued?
If we could come up with an answer to this question, it would be yes. But it is important to realize that it shouldn’t be treated as a get-rich-quick scheme. It wasn’t meant to be designed to achieve this goal. Instead, it is best to keep curiosity. Timothy Sykes Hcmc
What we do mean”yes” is it can be a great learning tool. People who are stuck could discover Profit.ly’s array of resources helpful in their efforts to incur lesser losses and perform better than they did before. Not only struggling traders who will benefit from this 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 may be a great option to begin.
FAQ Timothy Sykes Hcmc
How do you use Profit.ly to make your trades public?
Profit.ly has an entry section for trades in the “My Trade’ category of the dashboard. It lets you post your trades, either verified or otherwise. There are three options:
- Linking your account with your brokerage of choice and importing transactions directly through there
- Manually inputting your trades with provided spaces and specifics
- Send a screen shot of your trades
How do I know if the trade is verifiable or not?
If you buy your trade from a trusted brokerage, there’s an excellent likelihood that it can be verified. This is indicated with the blue check mark. If you upload it manually or through pictures, it will be classified as unverified.
The disadvantage of an unauthentic trade is the chance of getting downvotes from your colleagues. A large number of downvotes could cause you to be listed at the top of the Madoff leaderboard, which is where the public can detect who’s being dishonest in posting trades.
Is the Profit.ly mobile application still available?
As of this writing, Profit.ly is still available to download via the Apple App Store and 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 traders and investors, as they not only are seeking to make the most profit but also assist each other to develop and grow in their ability to take advantage of opportunities in the stock market both right and left.