Stock trading can be a high-stakes game. On certain days, you may have the benefit of pleasing and positive numbers. On other days, the opposite may happen, and it may sometimes be extremely difficult to return to where you were your best. If you’re immersed in the water, you will have to realize that relying on your instincts and preserving might not be enough.
If you’ve experienced losses from time to time, you’re gonna be needing sound advice from tried-and-tested trading experts. Additionally, you’ll require a significant boost from your colleagues in the market from all over the globe. That’s why we’ve found an online platform that will help you to improve your performance within the field. This review will be taking an in-depth look at Profit.ly, a well-recognized 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. 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 How To Grow A Small Account
Value: 4.1/5
Quality: 4.1/5
Costs: 4.1/5
The User’s Experience 4.5/5
Summary
Profit.ly can be described as an online platform for trading that permits traders of various levels to be informed responsible, transparent, and uplifting with each other through its broad range of features and tools like 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 learning and education platform for traders who are starting out and as a hub for experienced traders to track their performance through the use of advanced analytics tools. It provides users with a vast array of options for communication and trade that help traders from all walks of life connect with one another. It also allows gurus to make an opportunity to invest in the right areas of the platform. Consider it a social media site akin the likes of Facebook and Reddit however it is geared towards professionals and traders.
Profit.ly independently verifies trade performances and posts all the data of them in the manner of leaderboards. The platform’s trading model is based on honesty and transparency: it ensures that the transactions are legitimate and will not accept fake news as long as is humanly possible. It was created many years ago by penny stock trade expert and investment expert Timothy Sykes, along with his colleague Michael Mosseri.
One time during his appearance in Forbes publication, Sykes stated that Profit.ly was motivated by its focus “on the transparency of the entire spectrum of trades, something which has never been previously done.” This idea was, he said, serving two purposes: 1) making public records for everyone, not just the experts, but also the newsletter authors and students, and 2) giving anyone on the platform to learn from both losses and wins to benefit the industry of trading. Timothy Sykes How To Grow A Small Account
How Does It How Does It
Profit.ly follows a subscription-based model that lets stock traders benefit from a variety of services and features geared toward achievement. You may set up an account at no cost, however you’re only given access to the leaderboards and monitor the actions of non-gurus. If you’re looking to invest your money and see which stocks the gurus are trading in real time, you will need to sign up to one of Profit.ly’s offers, which we will discuss in the near future.
Setting up an account is simple: Create an account with your experience and expertise, connect to your brokerage account and you have yourself an opportunity to make your way to high on the leaderboard. Profit.ly’s leaders’ board feature as mentioned previously it is designed to provide its users a look at the performance of the trading community and its gurus. You’re not just allowed to demonstrate value to a community of traders. You can also use Profit.ly to shop from a guru with the assurance that you’re comfortable with their expertise and the legitimacy of their assertions.
If you feel uneasy with the idea of divulging information about your account with a brokerage, then you could opt to post your trades, whether verified or not, via photographs. Also included in Profit.ly are the vast number of courses in trading as well as the ability to look at the stats of a trader’s account and other methods to interact with your experts in the chatroom, as well as notifications via email or text as well as updates.
> > Click Here to Check Out Profit.ly < <
Meet the Founder: Tim Sykes
Timothy Sykes is a well-renowned day trading personality who has been famously known for his efforts in the penny-stock market. According to Investopedia Penny stock refers to a small-sized company’s shares that trade for less than $5 per share. The penny stock market could be viewed as a stepping stone for small companies to move to a large marketplace as it gives them access to money from the public. However, don’t get it wrong – it’s also a high-risk game, which Sykes is sure to reveal because of his decades of experience.
From his beginnings in his late years in the high schools, Tim Sykes has, since then, earned over $6 million of earnings during his long and successful career as a trader. When he was 25 years old Tim Sykes had received greater exposure and a larger reach of influence when he became part of the reality show “Wall Street Warriors.” He then made use of the show to develop trading rooms, penny stock themes, and educational material aimed at those who are just beginning to learn about the trading field. He also played a role in establishing Profit.ly as a platform for openness, and for the community to uplift and compete against each other on the platform.
The Profit.ly Gurus
One of Profit.ly’s sweet inclusions is the wide range of education resources, trade alerts, and other helpful stuff provided by the platform’s in-house gurus. Gurus are referred to the trading experts who have proven to make significant amounts of profit from their combined years of experience. Timothy Sykes How To Grow A Small Account
At its height, 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 gurus included Connor Bruggermann, Nathan Michaud of Investors Underground, and Triforce among others. As of this writing, however, only two gurus remain on this platform: the 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 offers.
From Tim Sykes Tim Sykes: Tim’s Alerts
Sykes offers an essential stock trading service which focuses on penny-priced day trading with Tim’s Alerts. At $74.95 for a month you’ll be able to observe him focus on fundamental stock catalysts and use them to forecast the next moves that could occur when trading.
A purchase on its own in Tim’s Alerts will get you access to the chatroom, as well as the mobile app that’s available to iOS and Android devices, as well as text, e-mail and push alerts as well as a daily watchlist of stocks.
Tim Sykes: 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 monthly, it is the perfect plan for those who are more invested in the penny-stock market. Pennystocking Silver includes all the basic features of prior plans, such as swing trading alerts as well as unlimited access to an extensive collection of more than 7,000 educational videos, with new ones released every week.
> > Click Here to Check Out Profit.ly < <
The following video is from “Superman” Paul Scolardi: Superman Alerts
Scolardi who is known 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. Through the years since he began as a trader, Superman has amassed over $5.5 million in all-time trading profits. Timothy Sykes How To Grow A Small Account
The Superman Alerts plan is an offering of essential features and trading alerts targeted toward those who may be interested. For $147 per month, you’ll gain access to the daily premarket stock watchlist as well as the mobile app, daily market commentary in real-time, and E-mail and SMS alerts.
In “Superman” Paul Scolardi: Superman Pro
At $247/month, you get additional features, plus access to a knowledgeable base of information provided by Superman himself through the Superman Pro package. In addition to the basic features included in the Alerts package, Superman Pro gives you weekly video lessons, including the growing collection of previous lessons. On top of that, you’ll also get the ability to access premium reports on research and the IPO or earnings monitor.
Profit.ly plans and costs
If you’re eager to join the world of online trading and leave your mark on the industry, Profit.ly has the right amount of tools to get you up and running. Profit.ly offers three membership tiers, each designed for traders of different levels. Let’s break down what these three are and how much they will cost you.
Novice Plan
This package for novices is Profit.ly’s basic plan that is designed specifically for those who are just beginning their journey to the trading community. Once you have signed up for this plan you’ll be given a slew of robust and essential trading tools, all 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 capability to check the results of your trades and track profit as well as leading, following, and even messaging your fellow traders, as well as leaving feedback on today’s trades. It also allows you to be on leaderboards; analyze, sort, as well as filter trades; and lastly, look at other people’s statistics.
The Novice plan will cost $29.95 per month. Although it might look appealing for the price alone, there is a downside. It isn’t possible to create a private profile, thus making your actions public. If you do want to gain the benefit of this service, you should be watching for us to introduce to you Profit.ly’s new plan.
Trader Plan
The Trader package allows you to take advantage of a majority of features from The Novice package. It is in this plan that you are able to create an account that is private to share with other associates all your insights and information you have gained from trader’s community.
The price is $49.95/month, Profit.ly’s Trader plan will do what the name implies caters people who want to develop their skills in trading. While it’s nice, there is one significant element that’s missing. As opposed to the prior Novice package, this one won’t be able to see other traders’ statistics that might be a drawback for some who may be anticipating this level. Timothy Sykes How To Grow A Small Account
Pro Plan
The Pro plan is the highest expensive plan Profit.ly can offer to experienced traders. It costs $74.95 per month, which includes an additional 22% discount for annual billing the Pro plan has 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 as well, you’re also offered the opportunity to create a private profile. These two features are on top of all the advantages that you can utilize to the fullest potential. If you’re looking for an account that will give you everything you need as an experienced trader, the Pro level is for you!
Profit.ly’s Other Services
Apart from the training tools and the leaderboards, Profit.ly provides a variety of other services they provide. One of them is the online store, which allows users to select from a variety of videos that are designed to educate and guide you through the ins and outs of trading. The products listed on this page of the website can be purchased immediately for personal use. Among these products include best-sellers such as”Trading Tickers,” the “Trading Tickers” series from trading expert Tim Grittani, Timothy Sykes’s collection of DVDs and streaming-only content on short stocking, penny stocking, and all other related to trading, videos and footage from events like the Annual Pennystocking Conference, and other products by expert traders.
> > Click Here to Check Out Profit.ly < <
The chat rooms that are integrated are also part of Profit.ly’s range of services and features. You’re probably familiar with the concept of chat rooms since you will see it on social and messaging platforms, as well as some specialty websites that provide live chat support. But in Profit.ly it’s seen as a real-time place where gurus and their member traders can communicate and exchange knowledge in real-time. Every guru has their own style in operating their chat room and dealing with the members. One of them may be laid back and rarely active, while another may be more active and in touch in their interactions with students. Consider chatrooms as Profit.ly’s version of the forum in its essence.
Who is the ideal trader to Profit.ly?
Profit.ly’s diverse range of products and features caters to an array of stock trader types, from novices to the most experienced. With the variety of deals it has to offer this platform definitely has something for all.
For instance, newbies can take advantage of Profit.ly’s knowledge-based content offered throughout the platform. Not only will they get daily videos and chat room tips by its internal gurus and members. They’ll also be able choose from the items in its online store that they can take with them wherever they may go. Additionally, they can gain practical experience trading on the platform, but eventually, they will soon learn that this is a risky game that should not be viewed as an amusing pastime.
For traders who have many years of experience down the line, we believe Profit.ly equally suitable to the newcomers. Although the novices might not be as proficient in handling trading matters but the experts already know the way it functions and the stack full of risks that it carries. It is ideal to use Profit.ly’s range of options to their maximum advantage to enhance their skills in trading. As beginners, they are able to learn from the experts as well as experts, and take advantage of simple tips and hints to help them along.
Profit.ly’s ‘all-together’ nature does not only apply to beginners and semi-experienced traders. Experts who have been verified can also participate in the excitement! Those in the trading industry who are on an equal level with Superman or Tim Sykes can also use Profit.ly’s capabilities. Profit.ly’s capabilities to display their skills to others in order to navigate them through the ever-changing trading process. Timothy Sykes How To Grow A Small Account
Profit.ly’s Pros and Pros and
The Pros
- Profit.ly’s numerous capabilities as a “one-stop” stock trading platform enable traders from all over the world with a wealth of education communications, trading, and communication tools
- You get to be taught by experts and insights from its internal experts, which include libraries of educational videos and trading in real-time.
- You’re assured of transparency throughout Profit.ly with precise analytics and fellow traders ready to call 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 preferences, such as posting unverifiable trades through images
- Profit.ly’s wide array of subscription levels and guru packages are priced at a reasonable cost – there truly is something for all
The Cons
- Profit.ly’s numerous products and packages offered might not be enough for the majority of its customers
- Since traders can choose to make any type of trade, there is the possibility that some of them could profit from picking the most profitable trades to improve their ratings This could be a problem that shouldn’t be simply overlooked
- Profit.ly does not accept refunds because its premium users are expected to instantly benefit from the number of services the platform has to provide
> > Click Here to Check Out Profit.ly < <
The Final Verdict The Final Verdict: Is Profit.ly Valued?
If we were able to come up with an answer to this question, it’s an affirmative “yes”. But you need to understand that the platform should not be used as a scheme to get rich quick. The platform wasn’t originally meant to be designed to achieve this goal. Instead, you should have curiosity. Timothy Sykes How To Grow A Small Account
What we do mean by ‘yes’ is that it is a fantastic learning tool. People who are stuck may find Profit.ly’s variety of resources helpful as they do their best to incur lesser losses and be more successful than they did before. It’s not only the struggling traders who will benefit from this platform. It can accommodate beginners and even experts!
So, if you genuinely desire to be better at trading and wish to learn from your mentors and peers along the way, then take a look at Profit.ly. Profit.ly could be a good choice to start.
FAQ Timothy Sykes How To Grow A Small Account
What are the best ways to use Profit.ly to publish your trades?
Profit.ly offers a trade entry portion in the My Trade section of the dashboard that allows you to post your trades that are verified or otherwise. There are three choices:
- Linking your account with your brokerage of choice and importing transactions directly through there
- Manually entering your trades into provided spaces and specifics
- Send a screen shot of your transactions
How can I tell if the trade is verifiable or not?
If you buy your trade from a reputable brokerage, there is a high probability that it’s verifiable. This is shown by the small blue check. If you upload it manually or through screenshots, it will automatically be classified as unverified.
The disadvantage of an unauthenticated trade is the possibility of receiving downvotes from fellow peers. A large number of downvotes could cause you to be listed in the Madoff leaderboard, where users can see who’s dishonest in posting trades.
Are the Profit.ly mobile application still available?
At the time of writing, Profit.ly is still available for download on the Apple App Store as well as on the Google Play store. The mobile app version works with all functioning tablets and smartphones.
How many are on Profit.ly?
Profit.ly currently houses over 150,000 traders and investors, because they are not just trying to maximize profits but also help each other grow and learn more about acquiring opportunities on the stock market left and right.
