Stock trading is an extremely risky game. On certain days, you may be reaping the benefits of positive and satisfactory numbers. On other days, the opposite may happen, and it may sometimes be extremely difficult to get back to where you were at your most productive. If you are constantly stuck in the gutter, you will have be aware that relying solely on your instincts and preserving might not be enough.
If you’ve experienced occasional losses You’ll need sound advice from tried-and-tested trading experts. Also, you’ll need an important boost from fellow traders from around the globe, which is why we’ve found an online platform that will help you in your improvement in the industry. We’ll take an in-depth 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. Do check out our article below, however, because it has a comprehensive overview of Profit.ly.
Overall Rating: 4.1/5 Timothy Sykes How To Make Millions Free
Value: 4.1/5
Quality: 4.1/5
Costs: 4.1/5
User Experience: 4.5/5
Summary
Profit.ly can be described as an online platform for trading that enables traders of various levels to be knowledgeable responsible, transparent, and to build relationships with each other by offering a wide range of features and tools like chat rooms, trade verification as well as an extensive library of educational content.
What is Profit.ly?
Profit.ly is a trading website that functions as a learning and education platform for traders new to trading and also as a platform for traders who are experienced to monitor their performance through the use of sophisticated analytics tools. Providing users with a wide variety of tools for trade and communication, it helps traders from every field of business connect with one another. It also allows gurus to make worthwhile investments within the confines that the site. Think of it as a social media site akin to Facebook and Reddit however it is geared towards experts and traders.
Profit.ly independently verifies trade performances and then publishes the information from them in the style of leaderboards. The platform for trading is built on trust and transparency. it guarantees that the transactions are legitimate and will not allow for fraud as much as possible. It was created years ago by the penny stock trade expert and investment expert Timothy Sykes, along with fellow expert Michael Mosseri.
One time , during an appearance in Forbes publication, Sykes declared that Profit.ly was driven by its focus “on showing every trade, something that has never been done before.” The idea, he added, served two objectives: one) making public records for not just the gurus and newsletter writers and students as well as) giving all users to be enlightened by both losses and wins to benefit the industry of trading. Timothy Sykes How To Make Millions Free
How Does It Perform?
Profit.ly utilizes a subscription model that lets stock traders benefit from a variety of features and services aimed toward success. It is possible to create an account there for free, but you’re only limited to having the capability to browse the leaderboard and follow the activities of people who aren’t gurus. If you’re looking to invest your money in order to find out what stocks the experts are trading in real time, you will need to sign up to one of Profit.ly’s deals, which we will go over shortly.
The process of opening an account is easy: create an account that includes your personal information and expertise, connect to your brokerage account, and you’ll have an opportunity to make your way to the top of the leaderboard. Profit.ly’s Leaderboard function, which was we’ve mentioned earlier was designed to offer its users a look at their performance as a trading group as well as its gurus. It’s not only a chance to show value to a large group of traders, but you are also able to use Profit.ly to buy with a guru, and have the confidence that you are confident with their expertise and the credibility of their assertions.
If you feel uneasy with the idea of divulging information about your account with a brokerage, you may decide to share your trades, verified or not, via photographs. Included in Profit.ly is the huge selection of trading classes, the ability to view stats in a trader’s profile and other methods to interact with your experts via chatrooms 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 trader who is well-known for his involvement in trades in penny stocks. According to Investopedia Penny stock is a small business’s stock that trades for under $5 for each share. The penny stock market could be viewed as an avenue for small-scale businesses to make the transition into a larger market because it allows them to access money from the public. But don’t be mistaken – it can also be an extremely risky game, as Sykes will be able to tell you thanks to his years of expertise.
Since his initial beginnings at the end of his time in High School, Tim Sykes has, since then, made an estimated $6 million profits through his lengthy career as trader. When he was 25 years old Tim Sykes had received more exposure and a wider impact as a participant in the reality series “Wall Street Warriors.” Then, he made use of the show to develop trading rooms as well as penny stock themes as well as educational content targeted at those who are just beginning to learn about trading. He also played a role in establishing Profit.ly as a place of openness, and for the community to lift each other up and compete with each other on the platform.
The Profit.ly Gurus
One of Profit.ly’s sweet inclusions is the vast array of learning tools, trade alerts and other helpful stuff provided by the in-house experts of the platform. These gurus refer to the experts in trading who have made substantial amounts of money through their years of experience. Timothy Sykes How To Make Millions Free
At its height, Profit.ly had housed up to five gurus, each of them a professional within their particular field within the world of trading. Some of the prominent experts were Connor Bruggermann, Nathan Michaud of Investors Underground, and Triforce among others. At the time of writing only two gurus remain on this platform: Founder of the penny stock market Tim Sykes and veteran smallcap swing trader Paul Scolardi, also known as Superman. With that taken into consideration Let’s look at the packages each guru can offer.
From Tim Sykes Tim Sykes: Tim’s Alerts
Sykes offers basic stock trading services that focuses on penny stock day trading through Tim’s Alerts. The cost is $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 move that is possible when trading.
A purchase on its own of Tim’s Alerts will get you access to the chatroom and the mobile app available to iOS and Android devices, as well as text, e-mail and push alerts and a daily stock watchlist.
from Tim Sykes: The Pennystocking Silver Package
Pennystocking Silver is the most premium version that has been upgraded of the Tim’s Alerts package. Priced at $149.95 per month, it is the perfect plan for those who are more involved in penny stock trading. Pennystocking Silver offers all the essential features that were included in prior plans, including swing trading alerts as well as unlimited access to a rich library of more than 7,000 instructional videos that are updated every week.
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The following video is from “Superman” Paul Scolardi: Superman Alerts
Scolardi who goes under the name “Superman,” is a professional in swing trading with an eye for massive stocks of the small-cap size and insanely accurate marketing forecasts. In the time since the time he started trading, Superman has amassed over $5.5 million in trading earnings. Timothy Sykes How To Make Millions Free
The Superman Alerts plan is his package of vital features and alerts on trading geared to those interested. For $147/month, you’ll get access to the daily stock watchlist that is premarket along with the mobile app, daily market updates in real-time, and email and SMS alerts.
The film “Superman” Paul Scolardi: Superman Pro
For the price of $247, you receive additional features and access to the extensive knowledge base of information provided by Superman himself through his Superman Pro package. On top of the essentials included in the Alerts package, Superman Pro gives you weekly video lessonsthat include the growing collection of the previous ones. In addition you’ll also gain an access to high-quality research papers as well as an IPO as well as earnings tracking tool.
Profit.ly Programs and Costs
If you’re looking to join the world of online trading and leave your mark on the industry, Profit.ly has the right amount of resources to get you started. The platform has three membership tiers that are designed to accommodate traders at different levels. Let’s look at what the three tiers 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 just beginning their journey to the world of trading. Once you have signed up for this package, you will be immediately given a slew of robust and vital trading tools, each of them integral in keeping your fingers on what we can describe as a cutthroat procedure in its own.
The list of features you can accomplish with Profit.ly’s Novice package include the ability to verify trades and track profits and follow-up, leading, 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, finally, see the statistics of other traders.
The Novice plan costs $29.95 per monthly payment. While it may look attractive just by the price however, there’s a drawback. It isn’t possible to create a private profile, which makes your personal information public. If you’re looking to have access to this feature, keep an eye on us as we present to you Profit.ly’s new plan.
Trader Plan
The Trader plan allows you to take advantage of the majority of features available in The Novice package. This plan allows that you can set up a private profile for sharing with fellow associates all your insights and information you have gained from this trading group.
The price is $49.95/month, Profit.ly’s Trader plan does what the name suggests: Cater to those who desire to improve their skills in trading. Although it’s a nice thing 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 problem for some who may be anticipating this level. Timothy Sykes How To Make Millions Free
Pro Plan
The Professional plan can be described as the most luxurious package Profit.ly could offer for seasoned traders. It costs $74.95 monthly, and an additional 22% discount for annual billing This plan offers everything. It gives you full, unlimited access to all the features from the two previous plans combined.
In addition, you’ll be able to look at other people’s statistics and data, but you also have the chance to create an individual profile. These two features are plus the other benefits that you can use to their fullest capacity. If you’re in search of a plan that can serve you with everything you require as a skilled trader, maybe the Pro level is ideal for you!
Profit.ly’s Other Services
In addition to the training tools and the leadersboards Profit.ly offers a number of additional services that it can provide. One of those is its online store, where customers can select from a variety of videos created to guide you through the ins and outs of trading. All of the products featured in this section of the site can be purchased immediately for personal use. Among these products include best-sellers like the “Trading Tickers” series by trader expert Tim Grittani, Timothy Sykes’s collection of DVDs, streaming-only content about short stocking, penny stocking, as well as all aspects of trading. There are also clips and scenes taken from events like the Annual Pennystocking Conference, and items from other experts in trading.
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The integrated chat rooms are included in Profit.ly’s array of features and services. You may be familiar with the concept of the chat room 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 the chat room is viewed as a real-time area where experts and member traders can communicate and learn in real time. Each guru has their style in operating their chat room and dealing with the members there. Some may be a laid-back person who is not very often active, while another might be more active and in touch to their pupils. Think of chatrooms as Profit.ly’s version of the forum, in its essence.
Who is the best Trader for Profit.ly?
Profit.ly’s wide range of products and features caters to a large variety of stock traders, from novices to experienced professionals. Given the wide range of options it has to offer this platform definitely has something for everyone.
Newbies, for instance, will appreciate Profit.ly’s collection of educational materials available across the platform. They will also be enriched with weekly videos and chat room tips from its in-house gurus as well as their members. They’ll also be able choose from the items on its store online that they can take with them wherever they may be. They can also gain hands-on experiences from trading within the platform, however they’ll be able to realize that trading is a high-stakes game that should not be viewed as an amusing pastime.
For those traders who have had many years of experience down the line, we believe Profit.ly equally suitable to them as 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 and the risky mix that come with it. It is ideal to utilize Profit.ly’s range of features to their full advantage to develop their trading skills. As beginners, they are able to study from the gurus and experts and utilize those simple tips and hints to help them along.
Profit.ly’s “all-inclusive” 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 at an equal level with Superman as well as Tim Sykes can also use up Profit.ly’s abilities to show off their expertise to other traders as a way to navigate them through the ever-changing trading process. Timothy Sykes How To Make Millions Free
Profit.ly’s Pros and Pros and
The Pros
- Profit.ly’s diverse capabilities as a ‘one-stop’ platform for trading stocks allows traders from all over the world with tons of learning communications, trading, and communication tools
- You’ll be taught by experts and tips from the inside experts, as well as video libraries that teach you how to learn and trading in real-time.
- You can be sure of complete transparency through Profit.ly with precise analytics and fellow traders that are waiting to reach you out whenever something happens
- The leaderboard feature of the platform offers you the chance to establish your credibility as a trustworthy and authentic trader
- Apart from its main abilities, Profit.ly also gives its customers extra options that can be tailored to their preferences, such as posting trades that are not authentic by taking photographs
- Profit.ly’s diverse range of subscription plans and guru packages are priced at reasonable prices – there truly is something for all
The Cons
- Profit.ly’s abundance of packages and products offered may not be enough for a lot of its users
- If traders decide to post any kind of trade, there’s an opportunity that some them will profit by cherry-picking the best trades to increase the rating this could be a problem that shouldn’t be simply overlooked
- Profit.ly will not allow refunds, as the premium customers are expected to immediately benefit from the number of services that the platform can provide
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The Final Concluding Question: Is Profit.ly Valued?
If we could think of an answer to this question, it would be yes. However, you must realize that it shouldn’t be treated as a scheme to get rich quick. The platform was not always intended to be created in this way. Instead, it is best to keep curiosity. Timothy Sykes How To Make Millions Free
What we do mean”yes” is it could be a useful learning tool. People who are stuck could be able to find Profit.ly’s array of resources helpful in their efforts to incur lesser losses and perform better than they did before. It’s not just the poor traders that can benefit from this platform. It will be able to accommodate beginners as well as even experts in the field!
If you truly desire to be better at trading and wish to be taught by your peers and experts on the way, you should look no further than Profit.ly. Profit.ly could be a good choice to start.
FAQ Timothy Sykes How To Make Millions Free
How do you use Profit.ly to make your trades public?
Profit.ly includes the option of allowing trade entries within the ‘My Trade’ category of the dashboard that lets you record your trades that are verified or not. There are three options:
- Linking your account with your brokerage of choice and then importing trades directly from there
- Manually entering your trades into provided spaces and specifics
- Take a photo of your trades
How do I know whether the trade is authentic or not?
If you purchase your trade through a reliable brokerage, there is a high chance that it is verifiable. This is evident by the blue check mark. If you post the information manually or via pictures, it will be classified as unverified.
The drawback of posting an unverified trade is the possibility of getting downvotes from your colleagues. If you receive too many negative votes, it could result in you appearing on the Madoff leaderboard, where users can see who’s dishonest in posting trades.
Is the Profit.ly mobile app still in use?
As of this writing, Profit.ly is still available to download via the Apple App Store and in the Google Play store. The mobile version of the app is compatible with most operating tablets and smartphones.
How many people are currently using Profit.ly?
Profit.ly is currently home to over 150,000 traders and investors, as they not only are seeking to make the most profit but also help each other grow and learn more about acquiring opportunities on the stock market both right and left.
