Stock trading can be an extremely risky 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 can be extremely difficult to return to the point you were at your most productive. If you find yourself always in the mud, you will have be aware that relying solely on instinct and survival may not always be enough.
If you’ve suffered losses from time to time You’ll need sound advice from tried-and-tested trading experts. You’re also gonna need a significant boost from your trading partners from all over the globe. That’s why we’ve discovered a platform that can support you to improve your performance within the field. We’ll be taking the time to look at Profit.ly A well-respected 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. To get a comprehensive overview of Profit.ly, you may still want to check out our article below.
Overall Rating: 4.1/5 Timothy Sykes Lunatic_Living
Users Experience 4.5/5
Profit.ly is an online trading platform that enables traders of different levels to be informative and accountable, as well as transparent and uplifting with one another through its wide range of features and tools such as trade verification, chat rooms, and an enriched library of educational content.
What is Profit.ly?
Profit.ly is a trading site that functions as a learning and education platform for traders new to trading as well as a place for traders who are experienced to monitor their performance using the aid of cutting-edge analytics tools. It provides users with a vast array of options to facilitate trade and communication, it helps traders from all walks of life connect with each other. It offers gurus with worthy investments within the boundaries of this platform. Consider it a social media site akin like Facebook and Reddit but with a focus on experts and traders.
Profit.ly independently verifies trade performances and publishes all data of them in the manner of leaderboards. The platform’s trading model is based on trust and transparency. it ensures that the trades are authentic and won’t tolerate inauthenticity as much as it is possible. It was founded years ago by the penny expert in stock trading and investment guru Timothy Sykes, along with his colleague Michael Mosseri.
In an interview with Forbes magazine Sykes stated that Profit.ly was driven by its focus “on showing every trade, something that was never previously done.” The idea was, he said, serving two purposes: 1) creating public track records for not just the gurus as well as newsletter authors and students as well as) allowing everyone on the platform to gain insight into the losses and wins to benefit the industry of trading. Timothy Sykes Lunatic_Living
How Does It Work?
Profit.ly is a subscription-based platform which allows stock traders to have access to a range of tools and services that are geared toward achievement. You can create an account on the site for free, but you’re only limited to having the capability to browse the leaderboard and observe the activities of people who aren’t gurus. If you’re ready to invest your money to see what stocks the experts are trading in real-time it is necessary to sign up to one of Profit.ly’s offers that we’ll discuss in the near future.
The process of opening an account is simple: Create an account with your experience and expertise, connect your brokerage account, and you’ll be given a chance to shoot your way to the top of the leaderboard. Profit.ly’s leaders’ board feature as mentioned previously was designed to offer its users an insight into their performance as a trading group as well as its gurus. You’re not just allowed to prove that you’re worthy to the group of traders, as you are also able to use Profit.ly to buy with a professional with the assurance that you’re confident with their expertise and the veracity of their claims.
If you feel uneasy with the idea of sharing the details of your broker account you can opt to post your trades, whether verified or not, by taking pictures. Also included in Profit.ly is the huge selection of trading courses, the ability to view stats in a trader’s profile and other methods to interact with your experts via chatrooms as well as email and text alerts as well as updates.
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Meet the Founder: Tim Sykes
Timothy Sykes is a well-renowned day trader who is well-known for delving his hands into trades in penny stocks. According to Investopedia the term “penny stock” refers to a small company’s stock that trades for under $5 for each share. Penny stock trading could be viewed as an avenue for small-scale businesses to make the transition to a market that is larger as it allows them to access funds from the public. But don’t be mistaken – it’s also an extremely risky activity, as Sykes will be able to tell you because of his decades of expertise.
Since his initial beginnings in his late years in the high schools, Tim Sykes has, since then, made an estimated $6 million earnings throughout his illustrious career as trading professional. 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 series “Wall Street Warriors.” Then, he took advantage of it to create trading rooms, penny stock themes, as well as educational content targeted at people who are brand new to trading. He also helped establish Profit.ly as a place for transparency, and for the community to uplift 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 resources, trade alerts, as well as other useful information provided by the platform’s in-house gurus. The gurus in question refer to the experts in trading who have made substantial profits through their years of expertise. Timothy Sykes Lunatic_Living
At its height, Profit.ly had housed up to five gurus, each of them an expert in their field of expertise within the world of trading. Some of the prominent experts were Connor Bruggermann, Nathan Michaud of Investors Underground, and Triforce, among a few others. At the time of writing, there are only two gurus who remain on the platform: the founder as well as penny-stock trader Tim Sykes and veteran smallcap swing trader Paul Scolardi, also known as Superman. In light of that, let’s take a look at what packaged deals each guru offers.
From Tim Sykes: Tim’s Alerts
Sykes offers an essential stock trading service with the main priority being penny stock day trading through Tim’s Alerts. At $74.95 for a month you will be able to see him concentrate on the fundamental stock catalysts and use them to forecast the next moves that could occur when making trades.
A single purchase in Tim’s Alerts will get you access to the chatroom, as well as the mobile app that’s available on iOS as well as Android devices; email, text, and push alerts; and a daily stock watchlist.
Tim Sykes: From Tim Sykes: The Pennystocking Silver Package
Pennystocking Silver is the highest-quality, upgraded version of the Tim’s Alerts package. At $149.95 monthly, this is a great option for those who are more committed to investing in penny stocks. Pennystocking Silver includes all the basic features found in prior plans, which includes swing trading alerts as well as unlimited access to a rich library of over 7,000 educational videos and new videos released every week.
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In “Superman” Paul Scolardi: Superman Alerts
Scolardi, who goes by the name “Superman,” is a trader who has an eye for both massive stocks of the small-cap size and insanely accurate marketing forecasts. Through the years since he began as a trader, Superman has amassed over $5.5 million in all-time trading earnings. Timothy Sykes Lunatic_Living
The Superman Alerts package is his offer of the most essential features and trading alerts targeted toward those who may be interested. For $147 per month, you’ll gain access daily stock watchlist that is premarket along with the mobile application, 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, plus access to the extensive knowledge base provided by Superman himself via the Superman Pro package. Alongside the standard features featured in the Alerts plan, Superman Pro gives you weekly video lessonsthat include a growing library of all previous lessons. Additionally you’ll also have access to premium research reports as well as an IPO and earnings tracker.
Profit.ly Programs and Costs
If you’re eager to join the world of online trading and leave a mark in the market, Profit.ly has the right amount of tools to get you going. Profit.ly offers three membership tiers, each designed for traders with different levels. Let’s look at what the three levels are and what they’ll cost you.
The package called Novice is Profit.ly’s basic plan that is designed specifically for people who are brand new to the trading world. When you sign up for this package, you will be immediately provided with a variety of powerful and vital trading tools, each of them integral in keeping your fingers on what could call a ruthless process in and of itself.
Some of the features you can accomplish with Profit.ly’s Novice program is the ability to verify trades and track profits as well as leading, following and even chatting with other traders; and leaving feedback on today’s trades. You can also get on leaderboards; analyze your trades, sort as well as filter trades and lastly, look at the statistics of other traders.
The Novice plan costs $29.95 per monthly payment. Although it looks attractive for the price alone however, there’s a drawback. You aren’t able to create a personal account, making your personal information public. If you do want to have an account with this option, keep an eye on us as we present to you Profit.ly’s next strategy.
The Trader Plan
The Trader plan allows users to benefit from the majority of features available in the Novice plan. In this plan, that you can create an account that is private to share with fellow associate users all your knowledge and information you have gained from the trading community.
The price is $49.95/month, Profit.ly’s Trader plan will do what the name implies: Cater people who want to improve their skills in trading. While it’s nice however, there’s a crucial aspect that’s not included. Unlike the previous Novice package, you will not be able view other traders’ stats this might be a drawback for those who are looking forward to this tier. Timothy Sykes Lunatic_Living
The Professional plan can be described as the most premium package that Profit.ly offers to experienced traders. With $74.95 monthly, with an additional 22% discount when billed annually This plan offers it all. You will have full, unrestricted access to all the options of the previous plans.
In addition, you’ll be able to look at other people’s statistics and data, but you also have the opportunity to create a private profile. These two features are plus the other advantages that you can utilize to the maximum extent. If you’re in search of an option that gives all the features you need to be trader with experience, the Pro plan is ideal for you!
Profit.ly’s Other Services
Apart from the trainer tools and leaderboards, Profit.ly provides a variety of additional services that it can offer. One of these is its online store, where customers can select from a variety of instructional videos that are designed to inform and help you understand the nuances and pitfalls of trading. Each of the offerings listed in this section of the website is available to be purchased immediately for personal use. These include best-selling products like the “Trading Tickers” series by trader expert Tim Grittani, Timothy Sykes’s collection of DVDs and streaming-only content related to short stocking, penny stocking, and other aspects of trading. There are also clips and clips from events like the Annual Pennystocking Conference, and items from other experts in trading.
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The integrated chat rooms are as well part of Profit.ly’s range of features and services. You are probably familiar with chat rooms since you will see it on social and messaging platforms, as well as some specialty websites that offer live chat support. But on Profit.ly, it is seen as a area where experts and member traders can communicate and exchange knowledge in real-time. Every guru has their own way in operating their chat room and dealing with the members there. One might be a laid-back person who is rarely active, while another may be more active and in touch to their pupils. Think of the chatrooms as Profit.ly’s version of the forum, in the essence.
Who is the Ideal trader to Profit.ly?
Profit.ly’s diverse range of products and features caters to the wide range of stock traders, ranging from novices to experienced professionals. With the variety of deals it has to offer it is certain to have something for every person.
For instance, newbies can take advantage of Profit.ly’s collection of educational content offered throughout the platform. They will also be provided with videos every week and chat room advice by its internal gurus and members. They’ll also be able to pick from the merchandise available on its store online for them to take wherever they may travel. You can also get hands-on experiences from trading within the platform, however they’ll realize that the process is a risky game that shouldn’t be treated as a joke.
For traders who have many years of experience down the line, we believe Profit.ly as equally as suitable to them as the newcomers. While novice traders may not be as proficient in managing trading but the experts already know how it works and the risky mix associated with it. It is ideal to use Profit.ly’s range of features to their full advantage to improve their trading skills. As beginners, they are able to study from the gurus as well as experts, and take advantage of quick tips and tidbits along the way.
Profit.ly’s ‘all-together’ nature isn’t limited to novices as well as semi-seasoned traders. Experts who have been verified can also participate in the enjoyment! 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 showcase their skill to others in order to assist them in the ever-changing trading process. Timothy Sykes Lunatic_Living
Profit.ly’s Pros and Pros and
- Profit.ly’s numerous capabilities as a ‘one-stop’ stock trading platform allows traders across the globe with an abundance of knowledge, communication, and trading tools
- You will be provided with excellent lessons and insights from its in-house gurus, including collections of educational videos as well as live trading activity.
- You’re assured of transparency throughout Profit.ly with accurate analytics as well as fellow traders ready to call you when something goes wrong.
- The platform’s leaderboard feature gives you the opportunity to increase your reputation as a reliable and verifiable trader
- Apart from its main capabilities, Profit.ly also gives its users extra options to suit their needs, like posting trades that are not authentic by taking images
- Profit.ly’s diverse range of subscription levels and guru packages are priced at a reasonable cost There’s something for everyone
- Profit.ly’s abundance of packages and services offered could not be enough for most of its users
- As traders may opt to make any type of trade, there’s an opportunity that some them may take advantage by picking the most profitable trades to increase the rating – this may be a problem that shouldn’t be overlooked.
- Profit.ly will not allow refunds as the premium customers are expected to instantly benefit from the many services the platform has to provide
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The Final Verdict: Is Profit.ly Valued?
If we were able to come up with an appropriate answer for this query, it’s an affirmative “yes”. However, you must realize that it shouldn’t be treated as a quick-fix scheme to make money. It wasn’t designed to be used to achieve this goal. Instead, it is best to keep the ability to think with an open heart. Timothy Sykes Lunatic_Living
What we do mean by ‘yes’ is that it could be a useful learning tool. People who are stuck might discover Profit.ly’s array of resources helpful as they do their best to avoid losses and be more successful than they did before. It’s not only the struggling traders that will profit from the platform. It is able to accommodate novices and even experts in the field!
If you truly care about being a better trader and want to learn from your mentors and peers on the way, you should look no further than Profit.ly. Profit.ly may be a great choice to start.
FAQ Timothy Sykes Lunatic_Living
How do you use Profit.ly to post your trades?
Profit.ly offers a trade entry portion under the “My Trade category on the dashboard. It lets you post your trades, verifiable or not. There are three choices:
- Linking your account with your brokerage of choice and importing trades directly from there
- Manually entering your trades into the spaces provided and details
- Upload a screenshot of your trades
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 probability that it’s verifiable. This is evident by the blue check mark. If you upload it manually or through pictures, it will be assigned as unverified.
The drawback of posting an unverified trade is the possibility of receiving downvotes from friends and colleagues. If you receive too many negative votes, it could result in you appearing in the Madoff leaderboard, where users can detect who’s being untruthful in submitting trades.
Is the Profit.ly mobile app still available?
As of the moment, Profit.ly is still available for download on the Apple App Store as well as on the Google Play store. The mobile app version is compatible with the majority of operating tablets and smartphones.
How many people are currently connected to Profit.ly?
Profit.ly is currently home to over 150,000 investors and traders since they’re not just seeking to make the most profit but also to help one another grow and learn more about acquiring opportunities on the stock market left and right.