The stock market can be a high-stakes game. On some days, you might be reaping the benefits of positive and satisfactory numbers. On other days, however, the opposite may happen, and it may sometimes be extremely difficult to return to where you were at your best. If you find yourself always in the mud You will need be aware that relying solely on instinct and survival might not be enough.
If you’ve been incurring losses from time to time You’ll need sound advice from tried-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 online platform that will help you to improve your performance within the field. In this review, we’ll be taking a 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. Do check out our article below, however, because it has a comprehensive overview of Profit.ly.
Total Rating: 4.1/5 Timothy Sykes How To Make Millions Video Review
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 allows traders of different levels to be knowledgeable, transparent, accountable, and uplifting with each other by offering a wide range of features and tools such as trade verification, chat rooms as well as an extensive library of educational material.
What exactly is Profit.ly?
Profit.ly is a trading site that functions as a learning and training platform for those who are starting out and also as a platform for traders who are experienced to monitor their performance using the aid of advanced analytics tools. It provides users with a vast variety of tools for communication and trade and letting traders from every field of business connect with one another. It offers gurus with an opportunity to invest in the right areas that the site. Imagine it as the social media equivalent to Facebook and Reddit, but for professionals and traders.
Profit.ly independently checks the performance of trades and publishes all data from them in the style of leaderboards. The platform for trading is built on trust and transparency. it ensures that the trades are valid and won’t accept fake news as long as possible. It was founded years ago by the penny expert in stock trading and investment guru Timothy Sykes, along with his colleague Michael Mosseri.
One time during his interview for Forbes magazine Sykes said that Profit.ly was based “on the transparency of the entire spectrum of trades, something which was never previously done.” This idea was, he said, serving two purposes: 1) keeping track of public data for not just the gurus, but also the newsletter authors and students and secondly) making it possible for everyone on the platform to be enlightened by both losses and wins for the trading industry’s benefit. Timothy Sykes How To Make Millions Video Review
How Does It Perform?
Profit.ly follows a subscription-based model that lets stock traders have access to a range of services and features geared towards achieving achievement. You can create an account there at no cost, however you’re only limited to having access to the leaderboard and observe the activities of non-gurus. If you’re looking to invest your money to see which stocks the gurus are trading in real time, you will need to join one of Profit.ly’s offers that we’ll review in the coming days.
Making an account simple: Create a profile with your experiences and skills, join your brokerage account, and you’ll be given a chance to shoot your way to at the very top of the list. Profit.ly’s Leaderboard function, which was mentioned previously was designed to offer its users an insight into the performance of the trading community as well as its experts. It’s not just a way to prove your worth to a group of traders, but you can also utilize Profit.ly to buy with a guru, and have the assurance that you’re confident of their knowledge and the credibility of their assertions.
If you are unsure about the idea of sharing information about your account with a brokerage, then you could decide to share your trades, either verified or not, via pictures. In Profit.ly are a variety of trading classes, the ability to view statistics on a person’s profile, and more ways to communicate with your gurus in the chatroom, as well as text and e-mail alerts and 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 trades in penny stocks. According to Investopedia the term “penny stock” refers to a small company’s shares that trade for just less than 5 cents per share. Penny stock trading is an opportunity for small businesses to transition into a larger market because it gives them access to funds from the general public. But don’t make the mistake of thinking that it’s also an extremely risky game, as Sykes is sure to reveal because of his decades of experience.
Since his initial beginnings in his late years in high school, Tim Sykes has, since then, made an estimated $6 million profits throughout his illustrious career as trader. When he was 25 years old, he had been given more exposure and a wider reach of influence when he was a part of the reality show “Wall Street Warriors.” He then made use of the show to create trading rooms and penny stock themes and educational content geared toward those who are just beginning to learn about the trading field. He also helped to establish Profit.ly as a platform for openness, and for the community to lift each other up and compete with each other through the platform.
The Profit.ly Gurus
One of Profit.ly’s sweet inclusions is the vast array of educational sources, trade alerts and other useful stuff offered by the company’s internal gurus. The gurus in question refer to experts in the field of trading who have proven to make substantial profits through their years of expertise. Timothy Sykes How To Make Millions Video Review
At its height, Profit.ly had housed up to five gurus, all of them an expert within their particular field in the trading industry. Some of the most prominent experts included Connor Bruggermann, Nathan Michaud of Investors Underground, and Triforce among others. As of this writing, there are only two gurus who remain on the platform: the founder and penny stock trader Tim Sykes and veteran smallcap swing trader Paul Scolardi, also known as Superman. When we take that into account we’ll take a look at what packaged deals each guru offers.
From Tim Sykes Tim Sykes: Tim’s Alerts
Sykes provides basic stock trading services which focuses on penny-priced day trading with Tim’s Alerts. Costing $74.95 per month, you’ll be able to see him focus on the basic stock catalysts and employ them to predict the next move that is possible when trading.
A single purchase of Tim’s Alerts will get you access to the chatroom, as well as the mobile app available for iOS and Android devices; email, text, and push alerts; and a daily stock watchlist.
From Tim Sykes: The Pennystocking Silver Package
Pennystocking Silver is the highest-quality, upgraded version of the Tim’s Alerts program. It costs $149.95 per month, it is an ideal plan for those who are committed to the penny-stock market. Pennystocking Silver includes all the basic features of the previous plan, which includes swing trading alerts and 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 is known under the name “Superman,” is a swing trading professional with an eye for both massive stocks of the small-cap size and insanely accurate marketing forecasts. Through the years since when he first started trading, Superman has amassed over $5.5 million in all-time trading earnings. Timothy Sykes How To Make Millions Video Review
The Superman Alerts plan is his package of vital features and trading alerts targeted towards those who might be interested. For $147/month, you’ll get access to the daily premarket stock watchlist and the mobile application, daily market updates in real-time, and email and SMS alerts.
In “Superman” Paul Scolardi: Superman Pro
For the price of $247, you receive additional features, plus access to the extensive knowledge base provided by Superman himself, via his Superman Pro package. On top of the essentials included in the Alerts package, Superman Pro gives you weekly video lessons, including a growing library of all other previous ones. In addition you’ll also gain an access to high-quality research papers and an IPO as well as earnings tracking tool.
Profit.ly Plans and Costs
If you’re ready to join the world of online trading and leave your mark on the market, Profit.ly has the right amount of tools to get you started. The platform offers three membership levels that cater to traders with different levels. Let’s look at what the three levels are and what 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 trading community. When you sign up for this package, you will be immediately offered a range of strong and indispensable trading tools, each of which is essential to keep your fingers on what could call a ruthless procedure in its own.
Among the list of things you can accomplish with Profit.ly’s Novice package is the ability to verify trades and track profits and follow-up, leading and even chatting with your fellow traders; and leaving feedback on today’s trades. You can also get on leaderboards; analyze the results of your analysis, sort, and filter your trades; and lastly, look at other’s stats.
The Novice plan is $29.95 per monthly payment. Although it looks attractive simply because of the price, there is a downside. It isn’t possible to create a private profile, which makes your personal information public. If you’re looking to gain the benefit of this service, be watching for us to introduce to you Profit.ly’s next strategy.
The Trader Plan
The Trader package lets you to use the majority of features available in the Novice plan. It is in this plan that you are able to create an individual profile that allows you to share with fellow associate users all the insights and intel in this trading group.
Priced at $49.95/month, Profit.ly’s Trader plan will do what the name implies: Cater for those looking to improve their skills in trading. Although it’s a nice thing however, there’s a crucial aspect that’s not included. Unlike the previous Novice package, this one won’t be able to view other traders’ stats, which might be a drawback for those who are eager to try this new tier. Timothy Sykes How To Make Millions Video Review
Pro Plan
The Professional plan can be described as the highest luxurious package Profit.ly can offer to experienced traders. At $74.95 monthly, with 22% off for billing annually the Pro plan has it all. You get full, no-holds-barred access to all the features from the two prior plans.
You’re not only able to see other users’ stats, but you’re also given the option of creating your own private profile. Both of these features, in addition to the benefits that you can use to their fullest capacity. If you’re looking for an option that gives you with everything you require as a skilled trader, maybe the Pro level is the right choice for you!
Profit.ly’s Other Services
In addition to the tools for training and leaderboards, Profit.ly has a few other services they provide. One of those is its online store, where customers can pick from a range of videos created to guide you through the ins and outs of trading. All of the products featured on this page of the website is available to 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 library of DVDs and streaming-only content related to short stocking, penny stocking, and other things trading-related, clips and scenes taken from events like the Annual Pennystocking Conference, and other products by expert traders.
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The chat rooms that are integrated are included in Profit.ly’s variety of features and services. You may be familiar with the concept of the chat room since you can see it across social and messaging platforms and also on a few specialty websites that offer live chat support. However, in Profit.ly it’s seen as a space where experts and their members can interact and exchange knowledge in real-time. Every guru has their own way when it comes to running their chat room and dealing with the listed members there. One might be more laid back and rarely active, while another may be more active and in touch in their interactions with students. Consider chat rooms like Profit.ly’s version of the forum, in essence.
Who is the Ideal trader to Profit.ly?
Profit.ly’s variety of offerings and features cater to an array of stock traders, ranging from novices to experienced professionals. Given the wide range of options it offers this platform definitely has something for all.
Beginners, for instance, can take advantage of Profit.ly’s collection of educational content offered throughout the platform. Not only will they get daily videos and chat room tips from the in-house experts and members. They’ll also be able to select from the products from its online store to carry with them wherever they may go. You can also get hands-on experiences from trading within the platform, however they’ll be able to realize that trading is a risky game that shouldn’t be treated as an amusing pastime.
For those traders who have had years of exposure down the road, we consider Profit.ly equally suitable for them as it is for those who are just starting. Although the novices might not be as well-equipped with managing trading however, experienced traders know how it works along with the risky mix that it carries. In the ideal scenario, they can utilize Profit.ly’s variety of features to their full advantage to improve their trading abilities. Like beginners, they can study from the gurus and experts and utilize those short tips and tricks throughout the process.
Profit.ly’s “all-inclusive” nature does not only apply to beginners and semi-experienced traders. Verified experts can also join in the excitement! Trade professionals who are at an equal level with Superman and 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 Make Millions Video Review
Profit.ly’s Pros and Pros and
The Pros
- Profit.ly’s diverse capabilities as a “one-stop” stock trading platform enable it to provide traders everywhere with tons of learning communications, trading, and communication tools
- You will receive excellent training and insights from its internal experts, which include video libraries that teach you how to learn and real-time trading activities
- You’re assured of transparency throughout Profit.ly with precise analytics as well as fellow traders who are ready to reach you out whenever something happens
- The platform’s leaderboard feature gives you the chance to establish your credibility as a trustworthy and authentic trader
- In addition to its primary capabilities, Profit.ly also gives its customers extra options that can be tailored to their preferences, such as posting unverifiable trades through photographs
- Profit.ly’s diverse range of subscription levels and guru packages are priced at reasonable prices There is truly something for everyone
The Cons
- Profit.ly’s numerous packages and products offered may not be enough for the majority of its customers
- As traders may opt to make any type of trade, there’s the possibility that some of them will profit by selecting the best trades in order to boost their rating this could be a concern that should not be overlooked.
- Profit.ly does not accept refunds, as its premium users will immediately benefit from the many services the platform has to provide
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The Final Verdict: Is Profit.ly worth it?
If we could come up with an answer to this question, it would be yes. But you need to understand that it shouldn’t be treated as a scheme to get rich quick. The platform wasn’t originally intended to be created to achieve this goal. Instead, it is best to keep an open mind. Timothy Sykes How To Make Millions Video Review
What we mean”yes” is it is a fantastic learning tool. For those who are struggling, they might find Profit.ly’s array of resources to be helpful in their efforts to incur lesser loss and perform better than before. Not only struggling traders who will benefit from the platform. It is able to accommodate novices and even experts!
If you really want to become better at trading and wish to be taught by your mentors and peers on the way, look no further – Profit.ly is a fantastic option to begin.
FAQ Timothy Sykes How To Make Millions Video Review
How do you use Profit.ly to post your trades?
Profit.ly has the option of allowing trade entries under the My Trade’ category of the dashboard that lets you post your trades, verifiable or otherwise. There are three choices:
- Connecting your account to your brokerage of choice and then importing trades directly from there
- Manually entering your trades using provided spaces and specifics
- Take a photo of your trades
How can I tell if the trade is verifiable or not?
If you buy your trade from a reputable brokerage, there is a high likelihood that it can be verified. This is shown by the blue check mark. If you submit it in a manual way or by taking pictures, it will be classified as unverified.
The disadvantage of an unauthenticated trade is the possibility of receiving downvotes from colleagues. A large number of downvotes could cause you to show up at the top of the Madoff leaderboard, where users can see who’s untruthful in submitting trades.
Does the Profit.ly mobile app still in use?
As of the moment, Profit.ly is still available for download on the Apple App Store as well as in the Google Play store. The mobile app version works with all functioning tablets and smartphones.
How many people are currently using Profit.ly?
Profit.ly currently houses over 150,000 investors and traders as they not only are trying to maximize profits but also to help one another learn and improve in acquiring opportunities in the stock market left and right.
