The stock market can be a high-stakes game. On some days, you might have the benefit of pleasing and positive numbers. However, on other days you may experience the opposite and it could be very difficult to return to where you were at your best. If you are immersed in the water it is important to recognize that relying on your instincts and preserving might not be enough.
If you’ve been incurring losses from time to time and you’re likely to require solid advice from seasoned and tested trading experts. You’re also gonna need an important boost from colleagues in the market from all over the globe, which is why we’ve discovered an online platform that will help you in your improvement within the field. We’ll take a look at Profit.ly, a well-recognized 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.
Overall Rating: 4.1/5 Timothy Sykes Legit
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 and accountable, as well as transparent and to build relationships with each other through its broad array of tools and features such as trade verification, chat rooms as well as an extensive library of educational material.
How do I define Profit.ly?
Profit.ly is a trading website that functions as a learning and training platform for those new to trading as well as a place for traders with experience to keep track of their performance with the help of cutting-edge analytics tools. It provides users with a vast variety of tools for communication and trade and letting traders from all walks of life network with one another. It also allows gurus to make worthy investments within the boundaries of the platform. Imagine it as a social media site akin like Facebook and Reddit but with a focus on traders and experts.
Profit.ly independently validates trade performance and then publishes the information of them in the manner of leaderboards. The platform’s trading model is based on trust and transparency. it guarantees that the trades are authentic and won’t accept fake news as long as it is possible. It was founded in the past by penny stock trade expert and investment expert Timothy Sykes, along with fellow expert Michael Mosseri.
One time , during an interview for Forbes publication, Sykes stated that Profit.ly was motivated by its focus “on showing all trades, something that has never been done before.” The idea was, he said, serving two purposes: 1) making public records for everyone, not just the experts and newsletter writers and students as well as) allowing anyone on the platform to be enlightened by both the wins and losses for the trading industry’s benefit. Timothy Sykes Legit
How Does It Perform?
Profit.ly is a subscription-based platform that lets stock traders benefit from a variety of services and features geared toward success. You may set up an account there at no cost, however you’re only limited to having the capability to browse the leaderboard and follow the actions of non-gurus. If you’re looking to invest your money and see what stocks the experts are trading in real-time You’ll need to join one of Profit.ly’s deals, which we will review in the coming days.
Making an account simple: Create an account with your experience and skills, join to your brokerage account and you’ll have the chance to climb through the top of the leaderboard. Profit.ly’s leaders’ board feature as mentioned previously, is designed to give its users a glimpse of their performance as a trading group and its gurus. You’re not just allowed to show that you’re worthy to the group of traders. You can also utilize Profit.ly to purchase from a guru with the assurance that you’re confident with their expertise and the veracity of their assertions.
If you feel uneasy with the idea of sharing your brokerage account, you can choose to publish your trades, whether verified or not, by taking pictures. In Profit.ly are the vast number of trading classes, the ability to view stats in a trader’s profile and other methods to communicate with your gurus in the chatroom, as well as 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 is famously known for his efforts in trades in penny stocks. According to Investopedia, a penny stock is a small business’s stock which trades at just less than 5 cents per share. The penny stock market is an opportunity for small-scale businesses to make the transition 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 is sure to reveal through his many years of experience.
From his beginnings in the latter years of high school, Tim Sykes has, since then, earned over $6 million of profits through his lengthy career as trader. At the age of 25 Sykes was given greater exposure and a larger influence over time when he became part of the reality series “Wall Street Warriors.” He used the opportunity to establish trading rooms, penny stock themes, and educational material aimed at people who are brand new to the trading field. He also helped establish Profit.ly as a platform for openness, and for the community to uplift and compete 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 useful stuff offered by the in-house experts of the platform. The gurus in question refer to the experts in trading who have proven to make significant amounts of profit through their years of expertise. Timothy Sykes Legit
At its height, Profit.ly had housed up to five gurus, all of them a professional within their particular field in the field of trading. Some of the most famous experts were Connor Bruggermann, Nathan Michaud of Investors Underground, and Triforce, among a few 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. In light of that we’ll take a look at the packaged offers each guru has to offer.
From Tim Sykes Tim Sykes
Sykes offers basic stock trading services that focuses on penny stock day trading through Tim’s Alerts. At $74.95 per month, you’ll observe him focus on fundamental stock catalysts and use them to predict the next possible moves in making trades.
A single purchase of Tim’s Alerts will get you access to the chatroom and the mobile app available to iOS as well as Android devices; texts, emails and push alerts; as well as a daily watchlist of stocks.
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, it is a great option for those who are invested in investing in penny stocks. Pennystocking Silver offers all the essential features that were included in earlier plans such as swing trading alerts as well as unlimited access to an extensive library of more than 7,000 instructional videos that are updated every week.
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From “Superman” Paul Scolardi: Superman Alerts
Scolardi who goes under the name “Superman,” is a swing trading professional with an eye for massive stocks of the small-cap size and insanely accurate marketing forecasts. Through the years since the time he started trading, Superman has amassed over $5.5 million in trading profits. Timothy Sykes Legit
The Superman Alerts plan is his offering of essential features and alerts on trading geared towards those who might be interested. For $147 per month, you’ll gain access to the daily premarket stock watchlist along with the mobile app, the daily market updates in real-time, as well as email and SMS alerts.
The film “Superman” Paul Scolardi: Superman Pro
At $247/month, you get additional features, as well as access to the extensive knowledge base of information provided by Superman himself via the Superman Pro package. On top of the essentials that are included in the Alerts plan, Superman Pro gives you daily video lessons, which include the growing collection of previous lessons. In addition you’ll also have access to premium research reports as well as the IPO and earnings tracker.
Profit.ly Programs and Costs
If you’re eager to join the world of online trading and leave your mark on the field, Profit.ly has the right amount of resources to help you started. The platform has three membership levels that cater to traders of different levels. Let’s break down what these three tiers are and how much they will cost you.
The Novice package is Profit.ly’s beginning-of-the-line plan specifically for people who are brand new to the world of trading. When you sign to this plan, you will be immediately offered a range of strong and vital trading tools, each one of them essential in keeping your hands on what we can describe as a cutthroat process in and of itself.
Some of the features you can accomplish using Profit.ly’s Novice program is the ability to confirm trades and track profits and follow-up, leading and even texting your fellow traders; and giving feedback on the trades of today. You can also get on leaderboards; analyze your trades, sort and filter your trades and lastly, look at other’s stats.
The Novice plan is $29.95 per month. Although it might look appealing just by the price, there is a downside. You aren’t able to create a personal account, making your activities publicly available. If you’re looking to get access to this feature, you should keep an eye on us as we present to you Profit.ly’s next plan.
The Trader package allows you to use a majority of features from the novice plan. This plan allows that you can create an individual profile that allows you to share with other associate users all the insights and information you have gained from trader’s community.
Costing $49.95/month, Profit.ly’s Trader plan will do what the name implies caters to those who desire to develop their skills in trading. Although it’s a nice thing however, there’s a crucial feature that is missing. As opposed to the prior Novice package, you will not be able to view other traders’ statistics this could be a problem for some who may be eager to try this new tier. Timothy Sykes Legit
This is by far the highest expensive plan Profit.ly could offer for seasoned traders. At $74.95 each month which includes a 22% discount for billing annually the Pro plan has it all. You get full, no-holds-barred access to all the features of the previous plans combined.
You’re not only able to view other people’s stats, but you’re also given the option of creating an individual profile. These two features are plus the other advantages you’ll be able to use to the fullest potential. If you’re in search of an account that will give you with everything you require as a skilled trader, maybe the Pro tier could be ideal for you!
Profit.ly’s Other Services
Apart from the provided tools for training and leaderboards, Profit.ly has a few more services it has to provide. One of these is its online store, which lets users choose from a wide array of video products created to guide you through the ins and outs of trading. Each of the offerings listed in this section of the website can be purchased immediately for personal use. Among these products include best-sellers such as the “Trading Tickers” series by trader expert Tim Grittani, Timothy Sykes’s collection of DVDs, streaming-only content on penny stocking, short stocking, and all other related to trading, videos and footage from events like the Annual Pennystocking Conference, and products from other expert traders.
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The integrated chat rooms are as well part of Profit.ly’s variety of services and features. You are probably familiar with chat rooms since you can find it throughout social and messaging platforms, in addition to a few special websites that provide live chat support. But in Profit.ly it’s seen as a area where experts and members trade and share knowledge in real-time. Every guru has their own way in running their chat rooms and dealing with the listed members. One of them may be more laid back and not very often active, while another might be more interactive and online to their pupils. Consider chatrooms as Profit.ly’s version of a forum, in essence.
Who is the ideal trader to Profit.ly?
Profit.ly’s variety of offerings and features cater to a large variety of stock trader types, from novices to experienced professionals. Considering the number of offers it offers this platform definitely has something for everyone.
For instance, newbies will appreciate Profit.ly’s knowledge-based content offered throughout the platform. In addition, they will be enriched with weekly videos and chat room tips from the in-house experts as well as their members. They’ll also be able choose from the items in its online store to carry with them wherever they may be. They can also gain hands-on experiences by trading through the platform, however they’ll be able to realize that this is a high stakes game that shouldn’t be treated as a joke.
For the traders with decades of experience in the road, we consider Profit.ly equally suitable to those who are just starting. Although the novices might not be as proficient in handling trading matters however, experienced traders know how it works and the risky mix that come with it. In the ideal scenario, they can use Profit.ly’s array of options to their maximum advantage to develop their trading skills. As beginners, they are able to learn from the experts and experts and utilize those short tips and tricks to help them along.
Profit.ly’s “all-in” approach isn’t limited to novices and semi-experienced traders. Experts who have been verified can also participate in the fun! Trade professionals who are at the same level as Superman or Tim Sykes can also use Profit.ly’s capabilities. Profit.ly’s abilities to show off their skills to others in order to guide them through the ever-illustrious trading process. Timothy Sykes Legit
Profit.ly’s Pros and Pros and
- Profit.ly’s diverse capabilities as a “one-stop” stock trading platform allows it to provide traders everywhere with an abundance of knowledge communications, trading, and communication tools
- You’ll be taught by experts and insights from its internal experts, which include video libraries that teach you how to learn and trading in real-time.
- You’re assured of 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 of the platform offers you the opportunity to increase your credibility as a trustworthy and verifiable trader
- In addition to its primary capabilities, Profit.ly also gives its users extra options to suit their preferences, such as posting unverifiable trades through images
- Profit.ly’s wide array of packages and subscription levels are priced at affordable rates – there truly is something for everyone
- Profit.ly’s abundance of packages and services offered could not be enough for the majority of its users
- Since traders can choose to open any kind of trade, there’s a possibility that some of them will profit by cherry-picking the best trades to increase the rating – this may be a risk that shouldn’t be simply overlooked
- Profit.ly will not allow refunds as the premium customers are expected to instantly benefit from the number of services that the platform can offer
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The Final Concluding Question The Final Verdict: Is Profit.ly Valued?
If we could think of the answer, it would be an affirmative “yes”. However, you must realize that it shouldn’t be treated as a scheme to get rich quick. The platform wasn’t originally designed to be used in this way. Instead, you should have curiosity. Timothy Sykes Legit
What we are referring to”yes” is it is a fantastic learning tool. Those who may be stuck might find Profit.ly’s variety of resources helpful when they try their best to avoid losses and be more successful than before. Not only 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 a better trader and want to learn from your peers and experts throughout the process, then you should look no further than Profit.ly. Profit.ly is a fantastic choice to start.
FAQ Timothy Sykes Legit
What are the best ways to use Profit.ly to post your trades?
Profit.ly includes a trade entry portion in the My Trade section of the dashboard that lets you record your trades, verifiable or not. You may choose between three choices:
- Linking your account with your broker of choice and import trades directly from there
- Manually inputting your trades with provided spaces and specifics
- Take a photo of your transactions
What can I do to determine whether the trade is authentic or not?
If you buy your trade from a reputable brokerage, there is a high chance that it is verifiable. This is shown by the small blue check. If you submit it manually or through screenshots, it will automatically be classified as unverified.
The downside of having an unauthenticated trade is the possibility of getting downvotes from your fellow peers. If you receive too many negative votes, it could cause you to show up on the Madoff leaderboard, where people can detect who’s being dishonest in posting trades.
Is the Profit.ly mobile app still available?
As of the moment, Profit.ly is still available to download from the Apple App Store as well as the Google Play store. The mobile app version is compatible with most functioning tablets and smartphones.
How many people are currently connected to Profit.ly?
Profit.ly currently houses over 150,000 traders and investors, since they’re not just seeking to make the most profit but also assist each other to grow and learn more about acquiring opportunities in the stock market both right and left.