Stock trading can be an extremely risky game. On certain days, you might enjoy the benefits of pleasing and positive numbers. On other days, the opposite may happen and it could be very 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 may not always be enough.
If you’ve experienced loss from time to time You’ll need sound advice from tried-and-tested trading experts. Also, you’ll need an important boost from fellow traders from around the world, which is why we’ve identified an option that can help you to improve your performance in the industry. We’ll be taking the time to look at Profit.ly is a well-known all-in-one 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.
Total Rating: 4.1/5 Timothy Sykes Inside The Nfl Picks
The User’s Experience 4.5/5
Profit.ly is an online trading platform that permits traders of different levels to be informed and accountable, as well as transparent and encouraging each other by offering a wide array of tools and features including trade verification, chat rooms as well as an extensive library of educational material.
What is Profit.ly?
Profit.ly is a trading website that serves both as a training and learning platform for traders who are just beginning their journey and also as a platform for traders with experience to keep track of their performance with the help of advanced analytics tools. It provides users with a vast range of resources 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 of the platform. Consider it the social media equivalent like Facebook and Reddit but with a focus on traders and experts.
Profit.ly independently checks the performance of trades and publishes all data from them in the style of leaderboards. The platform’s trading model is based on honesty and transparency: it makes sure that trades are authentic and won’t accept fake news as long as possible. It was established many years ago by penny expert in stock trading and investment expert Timothy Sykes, along with fellow expert Michael Mosseri.
One time , during an appearance in Forbes publication, Sykes stated that Profit.ly was motivated by its focus “on showing the entire spectrum of trades, something which was never previously done.” The idea was, he said, serving two goals: 1.) creating public track records for all traders, not just the gurus as well as students and newsletter writers as well as) allowing everyone on the platform to learn from the losses and wins for the trading industry’s benefit. Timothy Sykes Inside The Nfl Picks
How Does It Work?
Profit.ly follows a subscription-based model which allows stock traders to benefit from a variety of services and features geared at achieving achievement. You can create an account at no cost, however you’re limited to access to the leaderboard and follow the activities of people who aren’t gurus. If you’re interested in investing your money in order to find out which stocks the gurus are trading in real time it is necessary to subscribe to any of Profit.ly’s offers, which we will go over shortly.
The process of opening an account is easy: create an account with your experience and expertise, connect to your brokerage account and you have yourself an opportunity to make through the top of the leaderboard. Profit.ly’s leaderboard feature, as we’ve mentioned earlier, is designed to give its users a glimpse of the performance of the trading community and its gurus. It’s not just a way to prove your worth to a community of traders, but you can also utilize Profit.ly to buy from a guru with the assurance that you’re confident with their expertise and the veracity of their assertions.
If you are unsure about the idea of divulging your brokerage account, you can choose to publish your trades, whether verified or not, via photographs. Also included in Profit.ly are the vast number of courses in trading and the capability to see the stats of a trader’s account and other methods to communicate with your gurus through 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 guru who has been famously known for his involvement in the penny-stock market. According to Investopedia the term “penny stock” refers to a small company’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 to a market that is larger as it gives them access to capital from the public. But don’t be mistaken – it can also be a high-risk game, which Sykes can surely tell because of his decades of experience.
Beginning at the end of his time in the high schools, Tim Sykes has, since then, earned over $6 million of earnings through his lengthy career as trading professional. When he was 25 years old Tim Sykes had received greater exposure and a larger impact as a participant in the reality show “Wall Street Warriors.” Then, he used the opportunity to develop trading rooms, penny stock themes, and educational content geared toward those who are new to the trading field. He also helped to establish Profit.ly as a platform for transparency 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 amazing features is the variety of educational resources, trade alerts, and other useful stuff offered by the platform’s in-house gurus. Gurus are referred to the experts in trading who have proven to make substantial amounts of money through their years of knowledge. Timothy Sykes Inside The Nfl Picks
At its height, Profit.ly had housed up to five gurus, all of them a pro within their particular field within the world of trading. Some of the prominent gurus included Connor Bruggermann, Nathan Michaud of Investors Underground, and Triforce, among a few others. At the time of writing however, only two gurus remain on this 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 look at the packages each guru has to offer.
From Tim Sykes Tim Sykes: Tim’s Alerts
Sykes provides an essential stock trading service which focuses on penny-stock day trading via Tim’s Alerts. The cost is $74.95 monthly, you will observe him focus on fundamental catalysts for stocks and utilize them to predict the next move that is possible when making trades.
A single purchase in Tim’s Alerts will get you access to the chatroom and the mobile app available to iOS as well as Android devices, as well as texts, emails and push alerts and a daily stock watchlist.
Tim Sykes: From Tim Sykes: The Pennystocking Silver Package
Pennystocking Silver is the premium version that has been upgraded of the Tim’s Alerts package. It costs $149.95 monthly, this is an ideal plan for investors who are committed to the penny-stock market. Pennystocking Silver offers all the essential features that were included in earlier plans including swing trading alerts as well as unlimited access to a rich library of over 7,000 educational videos that are updated each week.
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In “Superman” Paul Scolardi: Superman Alerts
Scolardi who is known under the name “Superman,” is a professional in swing trading with an eye for both tiny-cap massive stocks as well as wildly accurate marketing forecasts. In the time since he began as a trader, Superman has amassed over $5.5 million in all-time trading profits. Timothy Sykes Inside The Nfl Picks
The Superman Alerts plan is his offering of essential features and trading alerts targeted toward those who may be interested. For just $147 per month, you’ll have an access to the day-to-day premarket stock watchlist along with the mobile app, daily market commentary in real time, and email and SMS alerts.
From “Superman” Paul Scolardi: Superman Pro
For $247 per month, you can enjoy additional features, as well as access to the extensive knowledge base of information provided by Superman himself, via his Superman Pro package. On top of the essentials featured in the Alerts package, Superman Pro gives you weekly video lessonsthat include the growing collection of previous lessons. Additionally, you’ll also get an access to high-quality research papers as well as an IPO as well as earnings tracking tool.
Profit.ly Plans and Costs
If you’re looking to join the trading community on the internet and leave your mark on the field, Profit.ly has the right amount of resources to help you going. Profit.ly offers three membership levels, each designed for traders with different levels. Let’s take a look at what these three tiers are and how much they will cost you.
This package for novices is Profit.ly’s basic plan that is designed specifically for those who are new to the world of trading. Once you have signed up for this package you’ll be provided with a variety of powerful and vital trading tools, all of which is essential to keep your fingers on what could call a ruthless process in and of itself.
The list of features you can do with Profit.ly’s Novice package include the ability to confirm the results of your trades and track profit; leading, following, and even messaging other traders; and giving feedback on the trades of today. You’re also allowed to get onto leaderboards; study, sort, as well as filter trades; and, finally, see the statistics of other traders.
The Novice plan costs $29.95 per monthly payment. Although it might look appealing simply because of the price but there’s a disadvantage. You aren’t able to create a personal profile, thus making your actions public. If you’re looking to gain the benefit of this service, be watching for us to introduce to you Profit.ly’s new plan.
The Trader package allows users to benefit from the majority of features available in the Novice plan. This plan allows that you are able to create a private profile to share with other associate users all the insights and intel in this trading group.
Priced at $49.95/month, Profit.ly’s Trader plan is exactly what it says catering for those looking to improve their trading skills. While it’s nice but there’s one important element that’s missing. As opposed to the prior Novice package, you will not be able to view other traders’ statistics that could be a disadvantage for those anticipating this level. Timothy Sykes Inside The Nfl Picks
The Pro plan is the most premium package that Profit.ly offers to experienced traders. At $74.95 per month, with a 22% discount when billed annually, this tier has it all. You get full, no-holds-barred access to all the features of the previous plans combined.
In addition, you’ll be able to see other users’ stats as well, you’re also offered the chance to create a private profile. These two features are in addition to the advantages you’ll be able to use to their fullest capacity. If you’re looking for an option that gives you everything you need as a skilled trader, maybe the Pro plan is the right choice for you!
Profit.ly’s Other Services
In addition to the trainer tools and leadersboards Profit.ly offers a number of other services they provide. One of these is its online store, which lets users choose from a wide array of video products designed to inform and guide you through the nuances and pitfalls of trading. All of the products featured in this section of the site can be immediately purchased for personal use. These include best-selling products like”Trading Tickers,” the “Trading Tickers” series from trading professional Tim Grittani, Timothy Sykes’s collection of DVDs and streaming-only content on penny stocking, short stocking, and all other aspects of trading. There are also clips and footage of the Annual Pennystocking Conference, and items from other experts in trading.
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The integrated chat rooms are also part of Profit.ly’s variety of features and services. You’re probably familiar with the concept of the chat room since you can find it throughout social and messaging platforms and also on a few specialty websites that offer live chat support. But on Profit.ly, it is seen as a hands-on place where gurus and their members can interact and share knowledge in real-time. Every guru has their own style when it comes to running their chat room and in dealing with the members. One of them may be more laid back and rarely engaged, while another could be more interactive and online in their interactions with students. Think of chat rooms as 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 are geared towards the wide range of stock traders, from beginners to experienced pros. With the variety of deals it has to offer this platform definitely has something for all.
For instance, newbies will enjoy Profit.ly’s knowledge-based materials available across the platform. In addition, they will get daily videos and chat room advice from its in-house gurus and their members. They’ll also be able choose from the items in its online store to carry with them wherever they be. Additionally, they can gain practical experience trading on the platform, but eventually, they will soon learn that trading is a high-stakes game that shouldn’t be taken as an opportunity to make fun of.
For those traders who have had decades of experience in the line, we see Profit.ly equally suited to those who are just starting. Although the novices might not be as proficient in handling trading matters, the pros already understand how it works along with the risky mix associated with it. It is ideal to use Profit.ly’s range of features to their best advantage to improve their trading skills. Like beginners, they can learn from the top experts as well as experts, and take advantage of simple tips and hints throughout the process.
Profit.ly’s “all-in” approach doesn’t just apply to newbies and semi-experienced traders. Experts who have been verified can also participate in the fun! Those in the trading industry who are at an equal level with Superman or Tim Sykes can also use up Profit.ly’s capabilities to display their skills to others in order to assist them in the ever-changing trading process. Timothy Sykes Inside The Nfl Picks
Profit.ly’s Pros and Cons
- Profit.ly’s many capabilities as a “one-stop’ platform for trading stocks allows traders from all over the world with tons of learning tools, communication, and trading tools
- You’ll be taught by experts and tips from the in-house gurus, including libraries of educational videos and live trading activity.
- You’re assured of transparency throughout Profit.ly by using accurate data as well as other traders who are ready to reach you out whenever something happens
- The leaderboard feature on the platform gives you the chance to establish your reputation as a reliable and verifiable trader
- Apart from its core capabilities, Profit.ly also gives its customers additional options to meet their individual preferences, for instance, posting trades that are not authentic by taking screenshots
- Profit.ly’s diverse range of subscription plans and guru packages are priced at affordable rates There’s something for everyone
- Profit.ly’s numerous packages and services offered could be too much for the majority of its users
- 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 improve their ratings this could be a risk that shouldn’t be simply overlooked
- Profit.ly will not allow refunds because its premium users are expected to immediately take advantage of the numerous features the platform is able to offer
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The Final Verdict The Final Verdict: Is Profit.ly Valued?
If we could come up with the answer, it’s yes. But it is important to realize that this platform shouldn’t be viewed as a get-rich-quick scheme. The platform was not always designed to be used for this reason. Instead, you should have curiosity. Timothy Sykes Inside The Nfl Picks
What we do mean”yes” is that it is a fantastic learning tool. People who are stuck may be able to find Profit.ly’s range of resources to be helpful in their efforts to incur lesser losses and be more successful than before. It’s not only the struggling traders who will benefit from the platform. It will be able to accommodate beginners as well as even experts in the field!
If you really care about being a better trader and want to learn from your peers and experts throughout the process, then take a look at Profit.ly. Profit.ly could be a good choice to start.
FAQ Timothy Sykes Inside The Nfl Picks
What are the best ways to use Profit.ly to post your trades?
Profit.ly has an entry section for trades under the “My Trade section of the dashboard. It lets you record your trades, either verified or otherwise. There are three options:
- Linking your account with your broker of choice and import transactions directly through there
- Manually inputting your trades with specified spaces and information.
- Take a photo of your trades
What can I do to determine if the trade is verifiable or not?
If you import your trade from a reputable brokerage, there is a high likelihood that it can be verified. This is indicated with the blue check mark. If you post it in a manual way or by taking images, it will be classified as unverified.
The drawback of posting an unauthenticated trade is the risk of receiving negative feedback from friends and colleagues. A large number of downvotes could cause you to show up in the Madoff leaderboard, which is where the public can see who’s fraudulent in posting trades.
Are the Profit.ly mobile app still available?
As of this writing, Profit.ly is still available for download on the Apple App Store and the Google Play store. The mobile app version works with all working smartphones and tablets.
How many are using Profit.ly?
Profit.ly currently houses more than 150,000 traders and investors, since they’re not just seeking to make the most profit but also to help one another grow and learn more about acquiring opportunities in the stock market left and right.