The stock market can be a high-stakes game. Some days, you might have the benefit of pleasing and positive numbers. On other days you may experience the opposite and it can be extremely difficult to return to the point you were at your best. If you are immersed in the water You will need to recognize that relying on instinct and survival might not be enough.
If you’ve suffered losses from time to time, you’re gonna be needing reliable advice from tested and tried trading experts. You’re also gonna need a significant boost from your trading partners from all over the world, which is why we’ve discovered an option that can help you to improve your performance in the market. This review will be taking the time to 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. Do check out our article below, however, because it has a comprehensive overview of Profit.ly.
Total Rating: 4.1/5 Timothy Sykes Knoxville Tn
Value: 4.1/5
Quality: 4.1/5
Costs: 4.1/5
Users Experience 4.5/5
Summary
Profit.ly offers an internet-based trading service that allows traders of all levels to be informative responsible, transparent, and to build relationships with one another through its wide variety of tools and features including trade verification, chat rooms, and an enriched library of educational content.
How do I define Profit.ly?
Profit.ly is a site for trading that serves both as a learning and education platform for those new to trading and also as a platform for experienced traders to track their performance through the use of advanced analytics tools. Offering users a broad range of resources for communication and trade, it helps traders from every field of business connect with one another. It also allows gurus to make an opportunity to invest in the right areas of the platform. Think of it as a social media site akin the likes of Facebook and Reddit but with a focus on traders and experts.
Profit.ly independently checks the performance of trades and posts all the data from them in the form of leaderboards. The platform for trading is built on honesty and transparency: it makes sure that trades are valid and won’t accept fake news as long as possible. It was established years ago by the penny expert in stock trading and investment expert Timothy Sykes, along with fellow expert Michael Mosseri.
One time during his interview with Forbes publication, Sykes declared that Profit.ly was driven by its focus “on the transparency of the entire spectrum of trades, something which was never done before.” The concept Sykes said served two goals: 1.) keeping track of public data for not just the gurus and students and newsletter writers, and 2) giving all users to be enlightened by both losses and wins to the benefit of the trading industry. Timothy Sykes Knoxville Tn
How Does It How Does It
Profit.ly is a subscription-based platform which allows stock traders to gain access to a multitude of services and features geared toward achievement. You can create an account at no cost, however you’re only given access to the leaderboards and monitor the activities of non-gurus. If you’re interested in investing your money to see what stocks the experts are trading in real time You’ll need to sign up to one of Profit.ly’s offerings, which we will discuss in the near future.
The process of opening an account is simple: Create an account that includes your personal information and skills, join to your brokerage account, and you’ll have the chance to climb through high on the leaderboard. Profit.ly’s Leaderboard function, which was mentioned previously was designed to offer its users a look at the performance of the trading community as well as its gurus. It’s not just a way to show value to a community of traders. You can also use Profit.ly to buy with a guru, and have the assurance that you’re confident with their expertise 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, via screenshots. Included in Profit.ly are the vast number of trading classes as well as the ability to look at statistics on a person’s profile as well as other ways to connect with your gurus through the chatroom in addition to text and e-mail alerts and updates.
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Meet Tim Sykes, the founder: Tim Sykes
Timothy Sykes is a well-renowned day trading guru who is well-known for his efforts in the penny-stock market. According to Investopedia Penny stock refers to a small-sized company’s stock that trades for under $5 for each share. The penny stock market can be seen as a stepping stone for small-scale businesses to make the transition to a market that is larger as they can access capital from the public. However, don’t get it wrong – it can also be an extremely risky game, as Sykes will be able to tell you through his many years of experience.
Beginning at the end of his time in the high schools, Tim Sykes has, since then, earned more than $6 million in profit throughout his illustrious career as trader. When he was 25 years old Tim Sykes had received greater exposure and an even wider influence over time as a participant in the reality series “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 just beginning to learn about trading. He also played a role in establishing Profit.ly as a platform for openness, and to allow the community to rise and compete with each other on the platform.
The Profit.ly Gurus
One of Profit.ly’s amazing features is the wide range of education resources, trade alerts, and other helpful stuff provided by the company’s internal gurus. The gurus in question refer to the trading experts who have proven to make significant amounts of profit from their combined years of experience. Timothy Sykes Knoxville Tn
At its height, Profit.ly had housed up to five gurus, each of them a professional within their particular field in the field of trading. 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 this platform: the founder as well as penny-stock trader Tim Sykes and veteran smallcap swing trader Paul Scolardi, also known as Superman. When we take that into account Let’s look at what packaged deals each guru can offer.
From Tim Sykes Tim Sykes
Sykes offers a basic stock trading service that focuses on penny-priced day trading with Tim’s Alerts. The cost is $74.95 for a month you will see him focus on the fundamental stock catalysts and use them to anticipate the next moves that could occur when trading.
A standalone purchase of Tim’s Alerts will get you access to the chatroom, as well as the mobile app available to iOS as well as Android devices; text, e-mail, and push alerts; as well as a daily watchlist of stocks.
from Tim Sykes: The Pennystocking Silver Package
Pennystocking Silver is the most premium version that has been upgraded of the Tim’s Alerts package. At $149.95 for a month it is a great option for investors who are invested in the penny-stock market. Pennystocking Silver comes with all the standard features that were included in the previous plan, such as alerts for swing trading and access to an extensive library of over 7,000 educational videos and new videos released each week.
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In “Superman” Paul Scolardi: Superman Alerts
Scolardi who is known under the name “Superman,” is a trader who has an eye for tiny-cap massive stocks as well as wildly accurate marketing forecasts. Through the years since he began as a trader, Superman has amassed over $5.5 million in total trading earnings. Timothy Sykes Knoxville Tn
The Superman Alerts plan is an offer of the most essential features and alerts on trading geared towards those who might be interested. For just $147 per month, you’ll have access daily premarket stock watchlist along with the mobile app, the daily market updates in real time, and SMS and e-mail alerts.
From “Superman” Paul Scolardi: Superman Pro
For the price of $247, you receive additional features, as well as access to the extensive knowledge base of information provided by Superman himself via Superman Pro. Superman Pro package. Alongside the standard features included in the Alerts package, Superman Pro gives you weekly video lessons, including the growing collection of previous lessons. Additionally you’ll also gain an access to high-quality research papers as well as the IPO or earnings monitor.
Profit.ly plans and costs
If you’re eager to join the trading community on the internet and leave a mark in the market, Profit.ly has the right amount of resources to get you started. The platform has three membership tiers that are designed to accommodate traders of different levels. Let’s take a look at what these three are and how much they will cost you.
Novice Plan
The Novice package is Profit.ly’s basic plan that is designed specifically for people who are brand new to the trading world. Once you have signed to this plan you’ll be given a slew of robust and vital trading tools, all of them integral in keeping your hands on what we call a competitive process by itself.
Among the list of things you can accomplish using Profit.ly’s Novice package include the capability to check trades and track profits and follow-up, leading and even texting other traders; and leaving feedback on today’s trades. You can also get onto leaderboards; study the results of your analysis, sort, as well as filter trades; and lastly, look at other people’s statistics.
The Novice plan is $29.95 per monthly payment. Although it looks attractive just by the price however, there’s a drawback. It isn’t possible to create a private profile, which makes your actions public. If you’re interested in have the benefit of this service, stay tuned as we introduce to you Profit.ly’s new plan.
The Trader Plan
The Trader package allows you to take advantage of a majority of features from the novice plan. This plan allows that you can create an individual profile that allows you to share with fellow associate users all your knowledge and information you have gained from this trading group.
Costing $49.95/month, Profit.ly’s Trader plan will do what the name implies catering for those looking to develop their skills in trading. While it’s nice, there is one significant feature that is missing. In contrast to the Novice package, you will not be able view other traders’ stats, which could be a problem for those looking forward to this tier. Timothy Sykes Knoxville Tn
Pro Plan
The Pro plan is the highest premium package that Profit.ly can offer to experienced traders. It costs $74.95 each month which includes an additional 22% discount for billing annually the Pro plan has everything. It gives you full, unlimited access to all the options of the previous plans combined.
You’re not only able to view other people’s stats as well, you’re also offered the opportunity to create your own private profile. Both of these features, plus the other advantages that you can utilize to the fullest potential. If you’re looking for a plan that can serve all the features you need to be an experienced trader, the Pro tier could be ideal for you!
Profit.ly’s Other Services
In addition to the training tools and the leadersboards Profit.ly provides a variety of more services it has to offer. One of those is its online store, where customers can select from a variety of videos created to guide you through the nuances and pitfalls of trading. All of the products featured in this section of the site can be bought immediately for your personal use. Some of these include bestsellers like the “Trading Tickers” series from trading professional Tim Grittani, Timothy Sykes’s library of DVDs and streaming-only content about short stocking, penny stocking, and other things trading-related, clips and clips from events like the Annual Pennystocking Conference, and other products by expert traders.
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Chat rooms integrated into Profit.ly are also part of Profit.ly’s array of services and features. You may be familiar with the chat room as you can find it throughout messaging and social platforms, and also on a few specialty websites that provide live chat assistance. But on Profit.ly the chat room is viewed as a area where experts and member traders can communicate and share knowledge in real-time. Each guru has their style in running their chat rooms and dealing with the listed members there. One might be laid back and not very often engaged, while another could be more active and in touch in their interactions with students. Think of the chat rooms as Profit.ly’s version of the forum in the essence.
Who is the Ideal Trader for Profit.ly?
Profit.ly’s wide range of products and features cater to an array of stock traders, from novices to the most experienced. Given the wide range of options it offers, the platform surely has something for all.
Newbies, for instance, will appreciate Profit.ly’s collection of educational materials available across the platform. In addition, they will get daily videos and chat room tips by its internal gurus and their members. Additionally, they can pick from the merchandise available on its store online for them to take wherever they may be. Additionally, they can gain practical experiences from trading within the platform, but ultimately they’ll realize that this is a high-stakes game that shouldn’t be treated as an opportunity to make fun of.
For the traders with decades of experience in the line, we see Profit.ly equally suitable to those who are just starting. While the newbies may not be as adept at dealing with trading issues but the experts already know the way it functions and the risky mix associated with it. In the ideal scenario, they can make use of Profit.ly’s array of features to their best advantage to develop their trading abilities. Like novices, they can study from the gurus as well as experts, and take advantage of simple tips and hints to help them along.
Profit.ly’s “all-in” approach isn’t limited to novices as well as semi-seasoned traders. Experts who have been verified can also participate in the enjoyment! Those in the trading industry who are at similar levels to Superman and Tim Sykes can also use the power of 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 Knoxville Tn
Profit.ly’s Pros and Pros and
The Pros
- Profit.ly’s numerous capabilities as a “one-stop’ stock trading platform enable traders across the globe with an abundance of knowledge tools, communication, and trading tools
- You will be taught by experts and insights from its inside experts, as well as collections of educational videos as well as real-time trading activities
- You can be sure of complete transparency through Profit.ly with precise analytics and fellow traders ready to call you out whenever something happens
- The leaderboard feature on the platform gives you the chance to establish your credibility as a trustworthy and authentic trader
- Apart from its core capabilities, Profit.ly also gives its users extra options to suit their preferences, such as posting unauthentic trades via photographs
- Profit.ly’s wide array of packages and subscription levels are priced at affordable rates There is truly something for everyone
The Cons
- Profit.ly’s abundance of packages and products offered may be too much for most of its customers
- Since traders can choose to open any kind of trade, there’s an opportunity that some them may take advantage by selecting the best trades in order to boost their rating This could be a concern that should not be simply overlooked
- Profit.ly does not accept refunds as the premium customers will immediately benefit from the number of features the platform is able to offer
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The Final Verdict: Is Profit.ly worth it?
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 meant to be designed for this reason. Instead, you should have the ability to think with an open heart. Timothy Sykes Knoxville Tn
What we mean”yes” is that it could be a useful learning tool. Those who may be stuck could be able to find Profit.ly’s variety of resources helpful when they try their best to reduce losses and be more successful than they did before. It’s not only the struggling traders that will benefit from this platform. It is able to accommodate novices and even experts in the field!
If you really care about being more successful in trading and would like to be taught by your mentors and peers throughout the process, then look no further – Profit.ly may be a great choice to start.
FAQ Timothy Sykes Knoxville Tn
How do you use Profit.ly to make your trades public?
Profit.ly offers an entry section for trades within the “My Trade category on the dashboard. It lets you post your trades, either verified 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 specified spaces and information.
- Take a photo of your transactions
How can I tell whether the trade can be verified or not?
If you purchase your trade from a reputable brokerage, there’s the probability that it’s verifiable. This is shown by the blue check mark. If you submit the information manually or via pictures, it will be assigned as unverified.
The drawback of posting an unauthentic trade is the possibility of receiving negative feedback from fellow peers. If you receive too many negative votes, it could result in you appearing on the Madoff leaderboard, which is where the public are able to identify who is dishonest in posting trades.
Are the Profit.ly mobile app still in use?
As of this writing, Profit.ly is still available to download via the App Store for Apple and the Google Play store. The mobile app version works with all functioning tablets and smartphones.
How many are using Profit.ly?
Profit.ly is currently home to over 150,000 investors and traders because they are not just trying to maximize profits but also to help one another learn and improve in acquiring opportunities on the stock market both right and left.
