The stock market can be an extremely risky game. On some days, you may have the benefit of positive and satisfactory numbers. On other days you may experience the opposite and it could be very difficult to return to where you were your most productive. If you are immersed in the water it is important to realize that relying on your instincts and preserving may not always be enough.
If you’ve been incurring loss from time to time and you’re likely to require solid advice from seasoned and tested trading experts. You’re also gonna need an enormous boost from your colleagues in the market from all over the world, which is why we’ve identified an option that can help you to improve your performance in the market. This review will be taking an in-depth look at Profit.ly is a well-known 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.
Overall Rating: 4.1/5 Timothy Sykes How To Make Millions Dvd Charity
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 permits traders of different levels to be informed, transparent, accountable, and to build relationships with each other through its broad variety of tools and features like trade verification, chat rooms, and an enriched library of educational material.
What is Profit.ly?
Profit.ly is a site for trading that serves both as a training and learning platform for those new to trading as well as a place for experienced traders to track their performance through the use of advanced analytics tools. Offering users a broad range of resources for trade and communication that help traders from all walks of life network with one another. It offers gurus with an opportunity to invest in the right areas that the site. Consider it a social media site akin to Facebook and Reddit however it is geared towards experts and traders.
Profit.ly independently validates trade performance and publishes all data from them in the style of leaderboards. The platform’s trading model is based 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 expert in stock trading and investment guru Timothy Sykes, along with fellow expert Michael Mosseri.
One time during his interview for Forbes publication, Sykes stated that Profit.ly was driven by its focus “on the transparency of the entire spectrum of trades, something which was never previously done.” The concept was, he said, serving two goals: 1.) creating public track records for everyone, not just the experts as well as newsletter writers and students and secondly) giving anyone on the platform to gain insight into the losses and wins to benefit the industry of trading. Timothy Sykes How To Make Millions Dvd Charity
How Does It How Does It
Profit.ly follows a subscription-based model that lets stock traders have access to a range of services and features geared toward success. You may set up an account on the site for free, but you’re only limited to having the capability to browse the leaderboards and monitor the actions of non-gurus. If you’re looking to invest your money in order to find out what stocks the experts are trading in real time You’ll need to subscribe to any of Profit.ly’s deals, which we will go over shortly.
The process of opening an account is simple: Create an account with your experience and expertise, connect your brokerage account, and you have yourself the chance to climb through high on the leaderboard. Profit.ly’s leaders’ board feature as previously mentioned, is designed to give its users a look at their performance as a trading group as well as its experts. It’s not only a chance to show your worth to a community of traders. 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 are unsure about the concept of leaking information about your account with a brokerage, you may decide to share your trades, either verified or not, by taking pictures. In Profit.ly is the huge selection of trading courses, the ability to view stats in a trader’s profile as well as other ways to interact with your experts in the chatroom, along with notifications via email or text as well as updates.
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Meet the Founder: Tim Sykes
Timothy Sykes is a well-renowned day trading personality who has been famously known for delving his hands into the penny-stock market. According to Investopedia the term “penny stock” refers to a small company’s stock that trades for less than $5 per share. The trading of penny stocks is an opportunity for small companies to move into a larger market because it gives them access to money from the public. But don’t be mistaken – it’s also an extremely risky game, as Sykes will be able to tell you through his many years of experience.
Since his initial beginnings at the end of his time in the high schools, Tim Sykes has, since then, earned over $6 million of profit during his long and successful career as trading professional. When he was 25 years old, he had been given more exposure and a wider reach of influence when he became part of the reality series “Wall Street Warriors.” He made use of the show to develop trading rooms, penny stock themes, as well as educational content targeted at people who are brand new to the trading field. He also helped to establish Profit.ly as a place of openness, and for the community to lift each other up and compete through the platform.
The Profit.ly Gurus
One of Profit.ly’s amazing features is the vast array of education sources, trade alerts and other helpful stuff provided by the in-house experts of the platform. The gurus in question refer to experts in the field of trading who have proven to make significant amounts of profit from their collective years of expertise. Timothy Sykes How To Make Millions Dvd Charity
At its height, Profit.ly had housed up to five gurus. Each of them an expert in their field of expertise within the world of trading. Some of the most famous experts were Connor Bruggermann, Nathan Michaud of Investors Underground, and Triforce as well as a handful of others. As of this writing, there are only two gurus who 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 packaged offers each guru has to offer.
From Tim Sykes: Tim’s Alerts
Sykes offers an essential stock trading service with the main priority being penny-stock day trading via Tim’s Alerts. At $74.95 for a month you will observe him focus on basic stock catalysts and employ them to predict the next moves that could occur when trading.
A purchase on its own in Tim’s Alerts will get you access to the chatroom and the mobile app that’s 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 that has been upgraded of the Tim’s Alerts package. Priced at $149.95 per month, it is an ideal plan for those who are invested in the penny-stock market. Pennystocking Silver comes with all the standard features that were included in earlier plans such as swing trading alerts as well as unlimited access to an extensive library of over 7,000 educational videos, with new ones released each week.
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The following video is from “Superman” Paul Scolardi: Superman Alerts
Scolardi, who goes by the name “Superman,” is a professional in swing trading with an eye for both massive stocks of the small-cap size and insanely accurate marketing forecasts. Through the years since the time he started trading, Superman has amassed over $5.5 million in total trading earnings. Timothy Sykes How To Make Millions Dvd Charity
The Superman Alerts plan is his offering of essential features and alerts on trading geared towards those who might be interested. For just $147 per month, you’ll have access to the daily stock watchlist that is premarket and the mobile app, daily market commentary in real time, and E-mail and SMS alerts.
In “Superman” Paul Scolardi: Superman Pro
For $247 per month, you can enjoy additional features, plus access to the extensive knowledge base that is provided by Superman himself through the Superman Pro package. Alongside the standard features featured in the Alerts package, Superman Pro gives you weekly video lessons, including a growing library of all previous lessons. On top of that you’ll also have the ability to access premium reports on research and the IPO and earnings tracker.
Profit.ly plans and costs
If you’re looking to join the trading community on the internet and leave your mark on the industry, Profit.ly has the right amount of resources to get you going. The platform offers three membership levels that are designed to accommodate traders with different levels. Let’s break down what these three tiers are and how much they will cost you.
Novice Plan
This package for novices is Profit.ly’s beginning-of-the-line plan specifically for those who are just beginning their journey to the world of trading. When you sign up for this plan you’ll be provided with a variety of powerful and indispensable trading tools, each of them integral in keeping your fingers on what could call a ruthless process in and of itself.
Among the list of things you can do with Profit.ly’s Novice package is 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 providing feedback on trades today. You can also get onto leaderboards; study your trades, sort and filter your trades; and lastly, look at other’s stats.
The Novice plan is $29.95 per month. Although it might look appealing simply because of the price however, there’s a drawback. It isn’t possible to create a private profile, which makes your actions public. If you’re looking to have an account with this option, you should keep an eye on us as we present to you Profit.ly’s new plan.
Trader Plan
The Trader plan allows users to benefit from a majority of features from the Novice plan. It is in this plan that you can create an individual profile that allows you to share with fellow associate users all your knowledge and intel in trader’s community.
Costing $49.95/month, Profit.ly’s Trader plan will do what the name implies: Cater people who want to harness their expertise in trading. Although it’s a nice thing but there’s one important aspect that’s not included. Unlike the previous Novice package, you won’t be able to view other traders’ statistics, which could be a problem for those who are eager to try this new tier. Timothy Sykes How To Make Millions Dvd Charity
Pro Plan
The Professional plan can be described as the most premium package that Profit.ly could offer for seasoned traders. At $74.95 monthly, and an additional 22% discount when billed annually, this tier has it all. It gives you full, unlimited access to all the options of the previous plans.
Not only do you get to view other people’s stats, but you’re also given the chance to create your own private profile. Both of these options, on top of all the benefits that you can use to the maximum extent. If you’re in search of a plan that can serve you everything you need 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 leaderboards, Profit.ly provides a variety of additional services that it can provide. One of them is the online store, where customers can pick from a range of video products designed to inform and guide you through the nuances and pitfalls of trading. Each of the offerings listed in this section of the site can be immediately purchased for personal use. Among these products include best-sellers such as”Trading Tickers,” the “Trading Tickers” series by trader expert Tim Grittani, Timothy Sykes’s collection of DVDs and streaming-only content related to penny stocking, short stocking, as well as all things trading-related, clips and scenes from events like the Annual Pennystocking Conference, and other products by expert traders.
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The integrated chat rooms are included in Profit.ly’s range of services and features. You are probably familiar with the chat room as you can find it throughout social and messaging platforms in addition to a few special websites that provide live chat assistance. But in Profit.ly, it is seen as a hands-on space where experts and their members trade and exchange knowledge in real-time. Every guru has their own style in running their chat rooms and dealing with the members. One might be a laid-back person who is less active, while another may be more interactive and online with their students. Think of the chatrooms as Profit.ly’s version of a forum, in essence.
Who is the best 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. With the variety of deals it has to offer it is certain to have something for every person.
Newbies, for instance, can take advantage of Profit.ly’s collection of educational materials available across the platform. In addition, they will be enriched with weekly videos and chat room advice from its in-house gurus and members. They’ll also be able to select from the products on its store online for them to take wherever they may be. You can also get hands-on experience trading on the platform, but ultimately they’ll be able to realize that trading is a risky game that should not be viewed as an opportunity to make fun of.
For traders who have years of exposure down the line, we see Profit.ly equally suited to people who are just beginning. While the newbies may not be as well-equipped with managing trading however, experienced traders know how it works along with the stack full of risks associated with it. Ideally, they may utilize Profit.ly’s array of options to their maximum advantage to enhance their skills in trading. Like novices, they can study from the gurus and experts , and use those simple tips and hints along the way.
Profit.ly’s “all-inclusive” nature does not only apply to beginners and semi-experienced traders. Certified experts can also take part in the enjoyment! Those in the trading industry who are on an equal level with Superman or Tim Sykes can also use the power of Profit.ly’s capabilities to showcase their expertise to other traders in order to guide them through the ever-illustrious trading process. Timothy Sykes How To Make Millions Dvd Charity
Profit.ly’s Pros and Pros and
The Pros
- Profit.ly’s diverse capabilities as a “one-stop’ stock trading platform allows traders across the globe with a wealth of education communications, trading, and communication tools
- You’ll be taught by experts and insights from its internal experts, which include collections of educational videos as well as trading in real-time.
- You’re guaranteed transparency throughout Profit.ly with precise analytics as well as other traders that are waiting to reach you when something goes wrong.
- The leaderboard feature on the platform gives you the chance to establish your credibility as a trustworthy and dependable trader
- Apart from its core abilities, Profit.ly also gives its customers additional options to meet their individual preferences, for instance, posting unauthentic trades via photographs
- Profit.ly’s variety of subscription plans and guru packages are priced at affordable rates There’s something for everyone
The Cons
- Profit.ly’s numerous packages and products offered may seem overwhelming for a lot of its customers
- If traders decide to open any kind of trade, there’s an opportunity that some them may take advantage by picking the most profitable trades to boost their rating – this may be a risk that shouldn’t be simply overlooked
- Profit.ly does not offer refunds because the premium customers are expected to instantly take advantage of the numerous services the platform has to provide
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The Final Concluding Question: Is Profit.ly Worth It?
If we could come up with an answer to this question, it’s an affirmative “yes”. But you need to understand that it shouldn’t be treated as a get-rich-quick scheme. The platform wasn’t originally designed to be used in this way. Instead, you should have curiosity. Timothy Sykes How To Make Millions Dvd Charity
What we are referring to”yes” is that it could be a useful learning tool. People who are stuck might be able to find Profit.ly’s range of resources to be helpful when they try their best to incur lesser loss and perform better than before. Not only struggling traders who will benefit from the platform. It can accommodate beginners and even experts in the field!
If you really desire to be a better trader and want to learn from your fellows and gurus on the way, take a look at Profit.ly. Profit.ly could be a good alternative to start.
FAQ Timothy Sykes How To Make Millions Dvd Charity
How can you make use of Profit.ly to post your trades?
Profit.ly includes a trade entry portion within the My Trade’ category of the dashboard that lets you post your trades, verifiable or not. There are three options:
- Linking your account with your broker of choice and import trades directly from there
- Manually inputting your trades with the spaces provided and details
- Take a photo of your trades
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 chance that it is verifiable. This is indicated with the small blue check. If you post it in a manual way or by taking images, it will be classified as unverified.
The disadvantage of an unverified trade is the risk of receiving downvotes from friends and colleagues. Too many downvotes may result in you appearing on the Madoff leaderboard, where people can see who’s untruthful in submitting trades.
Are the Profit.ly mobile app still in use?
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 app version works with all operating tablets and smartphones.
How many are connected to Profit.ly?
Profit.ly is currently home to over 150,000 traders and investors, since they’re not just seeking to make the most profit but also to help one another learn and improve in acquiring opportunities in the stock market all over the world.
