Stock trading can be a high-stakes game. Some days, you could have the benefit of positive and satisfactory numbers. However, on other days, the opposite may happen and it can be extremely difficult to return to where you were your peak. If you find yourself constantly stuck in the gutter, you will have to recognize that relying on pure instinct and preservation might not be enough.
If you’ve suffered loss from time to time, you’re gonna be needing reliable advice from tested and tried trading experts. Also, you’ll need a significant boost from your colleagues in the market from all over the globe. That’s why we’ve identified an option that can help you in your improvement within the field. We’ll be taking a 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 Make Millions Dvd In Public Domain
Users Experience 4.5/5
Profit.ly can be described as an online platform for trading that allows traders of different levels to be knowledgeable, transparent, accountable, and uplifting with each other through its broad array of tools and features such as chat rooms, trade verification as well as an extensive library of educational material.
What exactly is Profit.ly?
Profit.ly is a trading site that serves both as a learning and education platform for those who are starting out and as a hub for experienced traders to track their performance with the help of cutting-edge analytics tools. It provides users with a vast array of options for trade and communication and letting traders from all walks of life connect with one another. It gives the gurus worthwhile investments within the confines that the site. Imagine it as a social media site akin to Facebook and Reddit but with a focus on professionals and traders.
Profit.ly independently validates trade performance and then publishes the information from them in the form of leaderboards. The trading platform is built on trust and transparency. it ensures that the transactions are legitimate and will not allow for fraud as much as possible. It was created in the past 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 based “on showing every trade, something that has never been previously done.” This idea was, he said, serving two purposes: 1) keeping track of public data for not just the gurus as well as newsletter authors and students, and 2) giving anyone on the platform to be enlightened by both losses and wins to benefit the industry of trading. Timothy Sykes How To Make Millions Dvd In Public Domain
How Does It Work?
Profit.ly is a subscription-based platform that allows stock traders to have access to a range of tools and services that are geared toward achievement. It is possible to create an account on the site for free, but you’re only limited to having the capability to browse the leaderboards and monitor the activities of people who aren’t gurus. If you’re looking to invest your money to see which stocks the gurus are trading in real-time You’ll need to sign up to one of Profit.ly’s deals that we’ll go over shortly.
Setting up an account is simple: Create an account with your experience and skills, join your brokerage account, and you’ll be given an opportunity to make your way up to the top of the leaderboard. Profit.ly’s Leaderboard function, which was mentioned previously it is designed to provide its users a glimpse of their performance as a trading group and its experts. You’re not just allowed to demonstrate value to a community of traders, as you are also able to use Profit.ly to shop with a professional with the assurance that you’re confident of their knowledge and the legitimacy of their claims.
If you feel uneasy with the idea of sharing the details of your broker account then you could choose to publish your trades, verified or not, by taking photographs. 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 connect with your gurus through the chatroom along with notifications via email or text as well as updates.
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Meet Tim Sykes, the founder: Tim Sykes
Timothy Sykes is a well-renowned day trading personality who is well-known for his involvement in penny stock trading. According to Investopedia Penny stock refers to a small-sized company’s stock that trades for under $5 for each share. The trading of penny stocks could be viewed as an avenue for small companies to move into a larger market because they can access funds from the general public. However, don’t get it wrong – it’s also a high-risk game, which Sykes will be able to tell you because of his decades of expertise.
Since his initial beginnings in his late years in High School, Tim Sykes has, since then, made more than $6 million in profits through his lengthy career as trading professional. At 25 years old Sykes was given greater exposure and a larger influence over time as a participant in the reality TV show “Wall Street Warriors.” Then, he took advantage of it to develop trading rooms and penny stock themes and educational material aimed at those who are new to trading. He also played a role in establishing Profit.ly as a platform for transparency and for the community to uplift and compete with each other through the platform.
The Profit.ly Gurus
One of Profit.ly’s most appealing features is the variety of educational tools, trade alerts and other useful stuff offered by the platform’s in-house gurus. These gurus refer to experts in the field of trading who have made substantial amounts of money through their years of knowledge. Timothy Sykes How To Make Millions Dvd In Public Domain
At its peak, Profit.ly had housed up to five gurus, each of them an expert in their field of expertise in the trading industry. Some of the most prominent experts included Connor Bruggermann, Nathan Michaud of Investors Underground, and Triforce, among a few others. As of this writing, however, only two gurus remain on this platform: Founder and penny stock trader Tim Sykes and veteran smallcap swing trader Paul Scolardi, also known as Superman. In light of that we’ll take a look at what packaged deals each guru can offer.
From Tim Sykes Tim Sykes: Tim’s Alerts
Sykes provides an essential stock trading service that focuses on penny-priced day trading with Tim’s Alerts. At $74.95 for a month you’ll be able to be able to see him concentrate on the fundamental catalysts for stocks and utilize them to anticipate the next moves that could occur when making trades.
A standalone purchase in Tim’s Alerts will get you access to the chatroom as well as the mobile application that is available to iOS as well as Android devices, 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. At $149.95 per month, this is the perfect plan for those who are involved in the penny-stock market. Pennystocking Silver includes all the basic features found in earlier plans which includes swing trading alerts and unlimited access to a library of more than 7,000 instructional videos and new videos released each week.
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The following video is 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. In the time since he began as a trader, Superman has amassed over $5.5 million in trading earnings. Timothy Sykes How To Make Millions Dvd In Public Domain
The Superman Alerts plan is an offer of the most essential features and trading alerts geared toward those who may be interested. For $147/month, you’ll get an access to the day-to-day premarket stock watchlist as well as the mobile application, daily market updates 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 that is provided by Superman himself through Superman Pro. Superman Pro package. In addition to the basic features included in the Alerts plan, Superman Pro gives you daily video lessons, which include an ever-growing library of previous lessons. In addition you’ll also have access to premium research reports as well as the IPO or earnings monitor.
Profit.ly Programs and Costs
If you’re ready 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. The platform has three membership levels, each designed for traders at different levels. Let’s take a look at what these three levels are and what they will cost you.
The Novice package is Profit.ly’s entry-level plan designed especially for people who are brand new to the world of trading. Once you have signed to this plan, you will be immediately offered a range of strong and indispensable trading tools, all one of them essential in keeping your fingers on what can describe as a cutthroat process in and of itself.
The list of features you can do with Profit.ly’s Novice package is the ability to confirm the results of your trades and track profit as well as leading, following and even chatting with your fellow traders; and leaving feedback on today’s trades. It also allows you to be on leaderboards, analyze the results of your analysis, sort, or filter the trades you make; and lastly, look at other’s stats.
The Novice plan will cost $29.95 per month. Although it might look appealing simply because of the price however, there’s a drawback. You aren’t able to create a personal account, making your personal information public. If you’re interested in have an account with this option, you should stay tuned as we introduce to you Profit.ly’s new plan.
The Trader package lets users to benefit from the majority of features available in the novice plan. This plan allows that you can set up a private profile to share with other associate users all the insights and knowledge you gain from this trading group.
Costing $49.95/month, Profit.ly’s Trader plan does what the name suggests: Cater for those looking to improve their skills in trading. As nice as it seems but there’s one important element that’s missing. As opposed to the prior Novice package, this one won’t be able to see other traders’ statistics that could be a disadvantage for some who may be looking forward to this tier. Timothy Sykes How To Make Millions Dvd In Public Domain
The Professional plan can be described as the most expensive plan Profit.ly could offer for seasoned traders. With $74.95 per month, which includes an additional 22% discount for billing annually, this tier has everything. You will have full, unrestricted access to all the features of the previous plans combined.
You’re not only able to view other people’s stats and data, but you also have the chance to create an individual profile. Both of these options, plus the other advantages that you can utilize to the maximum extent. If you’re in search of a plan that can serve you everything you need as a skilled trader, maybe the Pro level is for you!
Profit.ly’s Other Services
In addition to the trainer tools and leadersboards Profit.ly provides a variety of additional services that it can offer. One of those is its online store, which allows users to pick from a range of videos designed to inform and provide guidance on the ins and outs of trading. Each of the offerings listed in this section of the website is available to be purchased immediately for personal use. These include best-selling products like”Trading Tickers,” the “Trading Tickers” series by trading expert Tim Grittani, Timothy Sykes’s collection of DVDs, streaming-only content on short stocking, penny stocking, as well as all aspects of trading. There are also clips and clips 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 features and services. You may be familiar with the chat room as you will see it on social and messaging platforms, in addition to a few special websites that offer live chat assistance. But on Profit.ly the chat room is viewed as a place where gurus and their members trade and exchange knowledge in real-time. Each guru has their style in operating their chat room and in dealing with the members. One might be laid back and rarely engaged, while another could be more online and communicative with their students. Think of the chatrooms as Profit.ly’s version of the forum in its essence.
Who is the best trader to Profit.ly?
Profit.ly’s diverse range of products and features are geared towards a large variety of stock trader types, from beginners to experienced pros. Considering the number of offers it can provide, the platform surely has something for all.
For instance, newbies will enjoy Profit.ly’s library of learning materials available across the platform. Not only will they be provided with videos every week and chat room tips by its internal gurus and members. They’ll also be able pick from the merchandise available in its online store to carry with them wherever they travel. They can also gain hands-on 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 a joke.
For the traders with many years of experience down the line, we believe Profit.ly as equally as suitable to people who are just beginning. While novice traders may not be as well-equipped with managing trading but the experts already know the way it functions and the stack full of risks that it carries. It is ideal to make use of Profit.ly’s variety of options to their maximum advantage to improve their skills in trading. As beginners, they are able to learn from the top experts and experts and utilize those quick tips and tidbits along the way.
Profit.ly’s “all-in” approach does not only apply to beginners and semi-experienced traders. Certified experts can also take part in the fun! Those in the trading industry who are at similar levels to Superman as well as Tim Sykes can also use Profit.ly’s capabilities. Profit.ly’s capabilities to showcase their skills to others in order to assist them in the ever-changing trading process. Timothy Sykes How To Make Millions Dvd In Public Domain
Profit.ly’s Pros and Cons
- Profit.ly’s diverse capabilities as a “one-stop” platform for trading stocks allows traders across the globe with tons of learning tools, communication, and trading tools
- You get to be taught by experts and advice from the company’s inside experts, as well as libraries of educational videos and trading in real-time.
- You’re guaranteed transparency throughout Profit.ly by using accurate data as well as fellow traders who are ready to reach you out whenever something happens
- The leaderboard feature on the platform gives you a way to build your reputation as a reliable and verifiable trader
- Apart from its core features, Profit.ly also gives its users extra options to suit their individual preferences, for instance, posting unauthentic trades via images
- Profit.ly’s wide array of subscription levels and guru packages are priced at reasonable prices There’s something for every person
- Profit.ly’s abundance of products and packages offered might seem overwhelming for the majority of its customers
- Since traders can choose to make any type of trade, there is the possibility that some of them may take advantage by cherry-picking the best trades to increase the rating This could be a problem that shouldn’t be ignored.
- Profit.ly does not offer refunds because the premium customers are expected to immediately 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 think of an answer to this question, it’s yes. But it is important to realize that it shouldn’t be treated as a quick-fix scheme to make money. It wasn’t meant to be designed for this reason. Instead, you need to have the ability to think with an open heart. Timothy Sykes How To Make Millions Dvd In Public Domain
What we mean”yes” is it is a fantastic learning tool. For those who are struggling, they could find Profit.ly’s array of resources useful in their efforts to incur lesser losses and perform better than before. It’s not just the poor traders that can profit from the platform. It can accommodate beginners and even experts in the field!
So, if you genuinely care about being more successful in trading and would like to learn from your fellows and gurus throughout the process, then take a look at Profit.ly. Profit.ly is a fantastic alternative to start.
FAQ Timothy Sykes How To Make Millions Dvd In Public Domain
How do you use Profit.ly to post your trades?
Profit.ly includes a trade entry portion within the ‘My Trade’ category of the dashboard. It lets you post your trades, verifiable or otherwise. There are three options:
- Linking your account to the brokerage of choice and then importing the trades from that directly
- Manually entering your trades using provided spaces and specifics
- Take a photo of your transactions
How can I tell whether the trade can be verified or not?
If you import your trade from a reputable brokerage, there is an excellent probability that it’s verifiable. This is indicated with the small blue check. If you submit it in a manual way or by taking images, it will be classified as unverified.
The disadvantage of an unauthenticated trade is the possibility of receiving negative feedback from colleagues. Too many downvotes may cause you to show up on the Madoff leaderboard, which is where the public can detect who’s being fraudulent in posting trades.
Are the Profit.ly mobile app still in use?
As of the moment, Profit.ly is still available to download via the App Store for Apple and the Google Play store. The mobile version of the app is compatible with the majority of operating tablets and smartphones.
How many people are using Profit.ly?
Profit.ly currently houses more than 150,000 traders and investors, since they’re not just looking to earn maximum profits but also assist each other to grow and learn more about acquiring opportunities in the stock market left and right.