Stock trading can be an extremely risky game. Some days, you could have the benefit of positive and satisfying numbers. On other days, however it could be the reverse and it can be extremely difficult to return to where you were your most productive. 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 been incurring loss from time to time, you’re gonna be needing reliable advice from tested and tried trading experts. You’re also gonna need an enormous boost from your 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. This review will take the time to look at Profit.ly A well-respected 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.
Total Rating: 4.1/5 Timothy Sykes Login
The User’s Experience 4.5/5
Profit.ly offers an internet-based trading service that permits traders of various levels to be informative responsible, transparent, and uplifting with each other through its broad array of tools and features like chat rooms, trade verification, and an enriched library of educational material.
What exactly is Profit.ly?
Profit.ly is a site for trading that serves both as a learning and education platform for people who are just beginning their journey and as a hub for traders who are experienced to monitor their performance with the help of advanced analytics tools. Offering users a broad range of resources for communication and trade that help traders from all walks of life connect with one another. It gives the gurus an opportunity to invest in the right areas of the platform. Consider it a social media site akin the likes of Facebook and Reddit, but for professionals and traders.
Profit.ly independently checks the performance of trades and then publishes the information from them in the style of leaderboards. The trading platform is built on transparency and honesty: it makes sure that transactions are legitimate and will not allow for fraud as much as is humanly 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 an interview for Forbes magazine Sykes said that Profit.ly was driven by its focus “on showing every trade, something that has never been prior to.” This idea, he added, served two goals: 1.) making public records for all traders, not just the gurus as well as newsletter writers and students as well as) giving everyone on the platform to be enlightened by the losses and wins to benefit the industry of trading. Timothy Sykes Login
How Does It How Does It
Profit.ly follows a subscription-based model that lets stock traders benefit from a variety of features and services aimed at achieving success. You can create an account for free, but you’re limited to the ability to navigate through the leaderboard and observe the activities of people who aren’t gurus. If you’re interested in investing your money in order to find out what stocks the experts are trading in real time You’ll need to subscribe to any of Profit.ly’s offers that we’ll review in the coming days.
The process of opening an account is easy: create a profile with your experiences and expertise, connect 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 we’ve mentioned earlier it is designed to provide its users a look at their performance as a trading group as well as its gurus. It’s not only a chance to show that you’re worthy to the community of traders. You can also utilize Profit.ly to purchase with a guru, and have the assurance that you’re comfortable with their expertise and the veracity of their assertions.
If you are unsure about the concept of leaking your brokerage account, you may opt to post your trades, verified or not, by taking pictures. Included in Profit.ly are a variety of courses in trading, the ability to view stats in a trader’s profile, and more ways to interact with your experts via chatrooms along with text and e-mail alerts and updates.
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Meet the Founder: Tim Sykes
Timothy Sykes is a well-renowned day trading personality who has been famously known for his efforts in trades in penny stocks. According to Investopedia the term “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 businesses to transition into a larger market because they can access funds from the public. But don’t be mistaken – it’s also an extremely risky activity, as Sykes can surely tell thanks to his years of expertise.
Beginning in the latter years of High School, Tim Sykes has, since then, made more than $6 million in profits through his lengthy career as trader. When he was 25 years old, he had been given greater exposure and an even wider reach of influence when he was a part of the reality show “Wall Street Warriors.” He then made use of the show to establish 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 place for transparency, and for the community to lift each other up and compete through the platform.
The Profit.ly Gurus
One of Profit.ly’s amazing features is the variety of education tools, trade alerts and other helpful stuff provided by the company’s internal gurus. These gurus refer to experts in the field of trading who have earned substantial profits from their collective years of experience. Timothy Sykes Login
At its peak, Profit.ly had housed up to five gurus, each of them an expert in their field of expertise in the trading industry. Some of the most 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 of the penny stock market Tim Sykes and veteran smallcap swing trader Paul Scolardi, also known as Superman. In light of that, let’s take a look at the packaged offers each guru has to offer.
From Tim Sykes Tim Sykes: Tim’s Alerts
Sykes provides basic stock trading services with the main priority being penny-priced day trading with Tim’s Alerts. The cost is $74.95 for a month you’ll be able to see him concentrate on the fundamental stock catalysts and use them to predict the next moves that could occur when trading.
A purchase on its own from Tim’s Alerts will get you access to the chatroom, as well as the mobile application that is available for 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 most premium version that has been upgraded of the Tim’s Alerts program. Priced at $149.95 for a month it is an ideal plan for those who are more invested in investing in penny stocks. Pennystocking Silver offers all the essential features that were included in the previous plan, such as alerts for swing trading and access to a rich collection of more than 7,000 educational videos and new videos released every week.
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In “Superman” Paul Scolardi: Superman Alerts
Scolardi who goes under the alias “Superman,” is a professional in swing trading with an eye for both tiny-cap massive stocks as well as wildly accurate marketing forecasts. Through the years since the time he started trading, Superman has amassed over $5.5 million in trading profits. Timothy Sykes Login
The Superman Alerts plan is his offering of essential features and trading alerts targeted towards those who might be interested. For $147/month, you’ll get access daily stock watchlist that is premarket along with the mobile app, daily market commentary shown in real time, and E-mail and SMS alerts.
In “Superman” Paul Scolardi: Superman Pro
At $247/month, you get additional features and access to an extensive base of knowledge provided by Superman himself, via his Superman Pro package. Alongside the standard features that are included in the Alerts package, Superman Pro gives you weekly video lessonsthat include a growing library of all other previous ones. On top of that you’ll also gain access to premium research reports and the IPO as well as earnings tracking tool.
Profit.ly plans and costs
If you’re looking to join the online trading community and leave a mark in the industry, Profit.ly has the right amount of resources to help you going. Profit.ly offers three membership tiers that are designed to accommodate traders of different levels. Let’s break down what these three are and how much they’ll cost you.
The Novice package is Profit.ly’s basic plan that is designed specifically for those who are new to the world of trading. When you sign up for this plan, you will be immediately given a slew of robust and indispensable trading tools, all of which is essential to keep your hands on what we can describe as a cutthroat process in and of itself.
Among the list of things you can accomplish with Profit.ly’s Novice program is the capability to check trades and track profits and follow-up, leading, and even messaging other traders; and providing feedback on trades today. You’re also allowed to get onto leaderboards; study the results of your analysis, sort, or filter the trades you make; and, finally, see other people’s statistics.
The Novice plan will cost $29.95 per monthly payment. Although it looks attractive simply because of the price but there’s a disadvantage. It isn’t possible to create a private account, making your actions public. If you’re looking to have an account with this option, keep an eye on us as we present to you Profit.ly’s new plan.
The Trader package lets you to take advantage of many of the features of the novice plan. It is in this plan that you are able to create an individual profile that allows you to share with other associates all your insights and intel in the trading community.
Priced at $49.95/month, Profit.ly’s Trader plan is exactly what it says caters for those looking to develop their skills in trading. Although it’s a nice thing however, there’s a crucial aspect that’s not included. In contrast to the Novice package, this one won’t be able to view the statistics of other traders that might be a drawback for those anticipating this level. Timothy Sykes Login
The Pro plan is the highest premium package that Profit.ly can offer to experienced traders. At $74.95 each month with an additional 22% discount for annual billing This plan offers everything. You get full, no-holds-barred access to all features of the previous plans combined.
You’re not only able to look at other people’s statistics and data, but you also have the opportunity to create your own private profile. Both of these options, plus the other advantages you’ll be able to use to the fullest potential. If you’re in search of a plan that can serve all the features you need to be a skilled trader, maybe the Pro tier could be ideal for you!
Profit.ly’s Other Services
Apart from the provided training tools and the leadersboards Profit.ly provides a variety of more services it has to offer. One of them is the online store, which lets users choose from a wide array of instructional videos that are designed to inform and help you understand the nuances and pitfalls of trading. The products listed on this page of the website can be purchased immediately for personal use. Some of these include bestsellers such as”Trading Tickers, “Trading Tickers” series by trading professional Tim Grittani, Timothy Sykes’s collection of DVDs and streaming-only content on short stocking, penny stocking, as well as all things trading-related, clips and clips 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 array of features and services. You may be familiar with the chat room as you can see it across social and messaging platforms, and also on a few specialty websites that provide live chat assistance. But in Profit.ly the chat room is viewed as a hands-on area where experts and 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 members there. One might be a laid-back person who is rarely engaged, while another could be more online and communicative to their pupils. Consider chat rooms like Profit.ly’s version of a forum, in essence.
Who is the best trader to Profit.ly?
Profit.ly’s variety of offerings and features caters to the wide range of stock traders, ranging from novices to experienced professionals. Considering the number of offers it offers, the platform surely has something for all.
Newbies, for instance, will enjoy Profit.ly’s knowledge-based materials available across the platform. In addition, they will be enriched with weekly videos and chat room advice by its internal gurus and members. They’ll also be able to choose from the items from its online store for them to take wherever they may go. Additionally, they can gain practical experiences from trading within the platform, but ultimately they’ll realize that the process is a high-stakes game that shouldn’t be treated as a joke.
For traders who have decades of experience in the line, we believe Profit.ly as equally as suitable to them as those who are just starting. While novice traders may not be as adept at handling trading matters but the experts already know how it works and the plethora of risks associated with it. It is ideal to utilize Profit.ly’s array of options to their maximum advantage to enhance their trading skills. Like novices, they can learn from the top experts and experts and utilize those short tips and tricks along the way.
Profit.ly’s ‘all-together’ nature does not only apply to beginners or semi-experienced trader. Experts who have been verified can also participate in the enjoyment! People in the trade industry who are at the same level as Superman as well as Tim Sykes can also use Profit.ly’s capabilities. Profit.ly’s abilities to show off their skills to others as a way to help navigate them through the ever-changing trading process. Timothy Sykes Login
Profit.ly’s Pros and Cons
- Profit.ly’s numerous capabilities as a “one-stop” stock trading platform enable traders across the globe with an abundance of knowledge, communication, and trading tools
- You’ll receive excellent training and insights from its inside experts, as well as libraries of educational videos and trading in real-time.
- You can be sure of complete transparency through Profit.ly with accurate analytics and fellow traders who are ready to reach you out whenever something happens
- The leaderboard feature of the platform offers you the chance to establish your reputation as a reliable and authentic trader
- Apart from its core abilities, Profit.ly also gives its customers additional options to meet their preferences, such as posting unverifiable trades through images
- Profit.ly’s variety of subscription levels and guru packages are priced at affordable rates – there truly is something for all
- Profit.ly’s bountiful stream of packages and services offered could seem overwhelming for a lot of its users
- If traders decide to make any type of trade, there’s a possibility that some of 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 will not allow refunds because its premium users will immediately take advantage of the numerous services the platform has to offer
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The Final Verdict The Final Verdict: Is Profit.ly Valued?
If we were able to come up with an appropriate answer for this query, it’s yes. However, you must realize that the platform should not be used as a scheme to get rich quick. The platform was not always designed to be used in this way. Instead, you should have the ability to think with an open heart. Timothy Sykes Login
What we do mean”yes” is that it is a fantastic learning tool. For those who are struggling, they may find Profit.ly’s range of resources useful as they do their best to reduce losses and be more successful than before. It’s not just the struggling traders who will profit from the platform. It will be able to accommodate beginners as well as even experts in the field!
If you really care about being more successful in trading and would like to learn from your mentors and peers throughout the process, then look no further – Profit.ly could be a good option to begin.
FAQ Timothy Sykes Login
What are the best ways to use Profit.ly to make your trades public?
Profit.ly offers the option of allowing trade entries within the ‘My Trade’ category of the dashboard which lets you record your trades that are verified or otherwise. There are three choices:
- Connecting your account to your broker of choice and import trades directly from there
- Manually inputting your trades with the spaces provided and details
- Take a photo of your transactions
What can I do to determine if the trade is verifiable or not?
If you buy your trade from a trusted brokerage, there’s a high chance that it is verifiable. This is shown by the small blue check. If you submit it manually or through pictures, it will be classified as unverified.
The downside of having an unauthentic trade is the risk of receiving negative feedback from colleagues. If you receive too many negative votes, it could result in you appearing on the Madoff leaderboard, which is where the public can see who’s fraudulent in posting trades.
Is the Profit.ly mobile app still in use?
As of this writing, Profit.ly is still available to download from the App Store for Apple and in the Google Play store. The mobile app version is compatible with the majority of operating tablets and smartphones.
How many people are currently on Profit.ly?
Profit.ly currently houses over 150,000 investors and traders since they’re not just trying to maximize profits but also to help one another learn and improve in acquiring opportunities in the stock market all over the world.