Stock trading can be a high-stakes game. On some days, you might be reaping the benefits of positive and satisfactory numbers. On other days, the opposite may happen and it can be extremely difficult to return to where you were at your peak. If you are immersed in the water You will need be aware that relying solely on instinct and survival may not always be enough.
If you’ve experienced occasional losses, you’re gonna be needing solid advice from seasoned and tested trading experts. Also, you’ll need a significant boost from your colleagues in the market from all over the world, which is why we’ve identified an online platform that will help you in your improvement in the industry. We’ll be taking 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 Married
The User’s Experience 4.5/5
Profit.ly is an online trading platform that permits traders of different levels to be informed responsible, transparent, and uplifting with one another through its wide range of features and tools like trade verification, chat rooms, and an enriched library of educational material.
What is Profit.ly?
Profit.ly is a trading website that serves both as a learning and training platform for traders new to trading and as a hub for traders with experience to keep track of their performance through the use of cutting-edge analytics tools. Providing users with a wide variety of tools for trade and communication, it helps traders from every field of business connect with one another. It offers gurus with an opportunity to invest in the right areas that the site. Think of it as a social media site akin like Facebook and Reddit however it is geared towards professionals and traders.
Profit.ly independently verifies trade performances and then publishes the information from them in the style of leaderboards. The platform for trading is built on transparency and honesty: it guarantees that the trades are valid and won’t allow for fraud as much as possible. It was founded in the past by penny expert in stock trading and investment expert Timothy Sykes, along with the other expert Michael Mosseri.
In an interview with Forbes magazine Sykes said that Profit.ly was based “on showing the entire spectrum of trades, something which has never been prior to.” The idea was, he said, serving two objectives: one) creating public track records for everyone, not just the experts and students and newsletter writers, and 2) making it possible for everyone on the platform to learn from both the wins and losses to the benefit of the trading industry. Timothy Sykes Married
How Does It Perform?
Profit.ly is a subscription-based platform that lets stock traders benefit from a variety of features and services aimed towards achieving 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 activities 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 offerings that we’ll review in the coming days.
Setting up an account is simple: Create an account that includes your personal information and expertise, connect to your brokerage account, and you’ll be given a chance to shoot your way to high on the leaderboard. Profit.ly’s Leaderboard function, which was previously mentioned was designed to offer its users a glimpse of how the community of traders performs as well as its experts. It’s not only a chance to prove your worth to a large group of traders, as you can also utilize Profit.ly to purchase with a guru, and have the confidence that you are confident in their skills and the veracity of their claims.
If you are unsure about the concept of leaking information about your account with a brokerage, you may opt to post your trades, verified or not, by taking screenshots. In Profit.ly are a variety of trading courses as well as the ability to look at stats in a trader’s profile 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 personality who is well-known for his efforts in penny stock trading. According to Investopedia Penny stock is a small business’s stock that trades for just less than 5 cents per share. The trading of penny stocks is an opportunity for small companies to move into a larger market because it allows them to access funds from the general public. But don’t make the mistake of thinking that it can also be a high-risk game, which Sykes is sure to reveal thanks to his years of expertise.
Beginning in the latter years of High School, Tim Sykes has, since then, made over $6 million of earnings through his lengthy career as a trader. At 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 as well as 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 of 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 most appealing features is the variety of learning sources, trade alerts as well as other useful information provided by the in-house experts of the platform. These gurus refer to experts in the field of trading who have earned significant amounts of profit from their collective years of experience. Timothy Sykes Married
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, however, only two gurus remain on this platform: the founder of the penny stock market Tim Sykes and veteran smallcap swing trader Paul Scolardi, also known as Superman. With that taken into consideration, let’s take a look at what packaged deals each guru has to offer.
From Tim Sykes: Tim’s Alerts
Sykes offers an essential stock trading service which focuses on penny stock day trading through Tim’s Alerts. The cost is $74.95 monthly, you’ll observe him focus on fundamental catalysts for stocks and utilize them to predict the next move that is possible when trading.
A single purchase in Tim’s Alerts will get you access to the chatroom and the mobile app available on 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, with an upgraded version of Tim’s Alerts package. Priced at $149.95 for a month it is the perfect plan for those who are involved in the penny-stock market. Pennystocking Silver includes all the basic features of earlier plans which includes alerts for swing trading and access to a rich collection of more than 7,000 educational videos that are updated weekly.
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The following video is from “Superman” Paul Scolardi: Superman Alerts
Scolardi who is known under the name “Superman,” is a professional in swing trading with an eye for both small-cap monumental stocks and crazy-accurate marketing forecasts. In the time since he began as a trader, Superman has amassed over $5.5 million in trading profits. Timothy Sykes Married
The Superman Alerts plan is his offer of the most essential features and trading alerts geared to those interested. For just $147 per month, you’ll have access daily stock watchlist that is premarket as well as the mobile app, the daily market updates in real-time, and email and SMS alerts.
In “Superman” Paul Scolardi: Superman Pro
For $247 per month, you can enjoy additional features, plus access to a knowledgeable base that is provided by Superman himself via his Superman Pro package. Alongside the standard features included in the Alerts plan, Superman Pro gives you weekly video lessonsthat include a growing library of all the previous ones. Additionally you’ll also have access to premium research reports and the IPO or earnings monitor.
Profit.ly Programs and Costs
If you’re looking to join the world of online trading and leave a mark in the industry, Profit.ly has the right amount of tools to get you going. Profit.ly offers three membership levels that cater to traders at different levels. Let’s take a look at what these three levels are and what they will cost you.
The Novice package is Profit.ly’s basic plan that is designed specifically for people who are brand new to the trading world. When you sign to this plan, you will be immediately given a slew of robust and indispensable trading tools, all of them integral in keeping your hands on what we can describe as a cutthroat process in and of itself.
Among the list of things you can do using Profit.ly’s Novice package include the ability to confirm trades and track profits; leading, following and even texting other traders; and giving feedback on the trades of today. You’re also allowed to get onto leaderboards; study, sort, or filter the trades you make and, lastly, view other’s stats.
The Novice plan is $29.95 per monthly payment. Although it looks attractive for the price alone however, there’s a drawback. You can’t create a private profile, thus making your actions public. If you’re looking to gain the benefit of this service, you should keep an eye on us as we present to you Profit.ly’s next strategy.
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 are able to create an individual profile that allows you to share with other associate users all your knowledge and intel in trader’s community.
Costing $49.95/month, Profit.ly’s Trader plan will do what the name implies: Cater people who want to improve their trading skills. While it’s nice, there is one significant feature that is missing. Unlike the previous Novice package, this one won’t be able to view other traders’ stats that could be a disadvantage for those anticipating this level. Timothy Sykes Married
The Pro plan is the most expensive plan Profit.ly offers to experienced traders. With $74.95 per month, with an additional 22% discount for billing annually This plan offers everything. You will have full, unrestricted access to all features from the two previous plans.
In addition, you’ll be able to see other users’ stats as well, you’re also offered the chance to create an individual profile. These two features are in addition to the advantages you’ll be able to use to their fullest capacity. If you’re in search of an option that gives you everything you need as a skilled trader, maybe the Pro tier could be for you!
Profit.ly’s Other Services
Apart from the provided trainer tools and leaderboards, Profit.ly offers a number of more services it has to provide. One of those is its online store, which allows users to choose from a wide array of videos designed to inform and help you understand the ins and outs of trading. All of the products featured on this page of the site can be purchased immediately for personal use. These include best-selling products like”Trading Tickers,” the “Trading Tickers” series from trading specialist Tim Grittani, Timothy Sykes’s library of DVDs and streaming-only content related to short stocking, penny stocking, and other aspects of trading. There are also clips and footage from The Annual Pennystocking Conference, and items from other experts in trading.
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The chat rooms that are integrated are included in Profit.ly’s range of services and features. You’re probably familiar with the concept of the chat room as you will see it on messaging and social platforms, in addition to a few special websites that offer live chat assistance. However, in Profit.ly it’s seen as a place where gurus and their members trade and exchange knowledge in real-time. Every guru has their own way when it comes to running their chat room and in dealing with the members there. Some may be more laid back and rarely active, while another may be more active and in touch to their pupils. Consider chatrooms as Profit.ly’s version of the forum, in the essence.
Who is the best trader to Profit.ly?
Profit.ly’s variety of offerings and features caters to a large variety of stock traders, from novices to the most experienced. Given the wide range of options it has to offer, the platform surely has something for every person.
For instance, newbies will enjoy Profit.ly’s knowledge-based information available on the platform. They will also get daily videos and chat room advice from the in-house experts and members. They’ll also be able select from the products on its store online that they can take with them wherever they be. They can also gain hands-on experience trading on the platform, however they’ll realize that the process is a risky game that shouldn’t be taken as a joke.
For those traders who have had decades of experience in the line, we believe Profit.ly equally suitable to them as those who are just starting. While the newbies may not be as well-equipped with managing trading but the experts already know the way it functions and the stack full of risks that come with it. Ideally, they may make use of Profit.ly’s variety of features to their full advantage to develop their skills in trading. As beginners, they are able to learn from the experts as well as experts, and take advantage of short tips and tricks to help them along.
Profit.ly’s ‘all-together’ nature does not only apply to beginners and semi-experienced traders. Verified experts can also join in the fun! Trade professionals who are on similar levels to Superman and Tim Sykes can also use Profit.ly’s capabilities. Profit.ly’s capabilities to showcase their skill to others as a way to navigate them through the ever-changing trading process. Timothy Sykes Married
Profit.ly’s Pros and Cons
- Profit.ly’s many capabilities as a ‘one-stop’ stock trading platform allows it to provide traders everywhere with a wealth of education tools, communication, and trading tools
- You will be provided with excellent lessons and insights from its inside experts, as well as collections of educational videos as well as trading in real-time.
- You’re guaranteed transparency throughout Profit.ly by using accurate data as well as other traders who are ready to reach you when something goes wrong.
- The platform’s leaderboard feature gives you the chance to establish your credibility as a trustworthy and verifiable trader
- In addition to its primary features, Profit.ly also gives its customers extra options that can be tailored to their preferences, such as posting unverifiable trades through screenshots
- Profit.ly’s wide array of packages and subscription levels are priced at reasonable prices There is truly something for every person
- Profit.ly’s bountiful stream of packages and services offered could not be enough for most of its customers
- If traders decide to make any type of trade, there’s the possibility that some of them will profit by cherry-picking the best trades to boost their rating – this may be a concern that should not be ignored.
- Profit.ly does not accept refunds as its premium users are expected to instantly benefit from the number of features the platform is able to provide
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The Final Concluding Question The Final Verdict: Is Profit.ly worth it?
If we were able to come up with an answer to this question, it would be yes. But it is important to realize that this platform shouldn’t be viewed as a get-rich-quick scheme. It wasn’t designed to be used in this way. Instead, it is best to keep the ability to think with an open heart. Timothy Sykes Married
What we are referring to”yes” is it can be a great learning tool. Those who may be stuck could be able to find Profit.ly’s range of resources to be helpful as they do their best to avoid losses and be more successful than before. Not only struggling traders that will benefit from this platform. It will be able to accommodate beginners as well as even experts!
If you really desire to be better at trading and wish to learn from your peers and experts on the way, look no further – Profit.ly is a fantastic option to begin.
FAQ Timothy Sykes Married
How do you use Profit.ly to make your trades public?
Profit.ly includes an entry section for trades under the “My Trade category on the dashboard which lets you post your trades, either verified or otherwise. You may choose between three choices:
- Connecting your account to your brokerage of choice and then importing the trades from that directly
- Manually inputting your trades with specified spaces and information.
- Send a screen shot of your trades
How do I know whether the trade can be verified or not?
If you buy your trade through a reliable brokerage, there is an excellent likelihood that it can be verified. This is shown by the blue check mark. If you upload it in a manual way or by taking screenshots, it will automatically be classified as unverified.
The downside of having an unverified trade is the risk of receiving negative feedback from fellow peers. A large number of downvotes could cause you to show up in the Madoff leaderboard, where people can detect who’s being untruthful in submitting trades.
Are the Profit.ly mobile app still available?
At the time of writing, Profit.ly is still available to download from the Apple App Store and on the Google Play store. The mobile version of the app is compatible with the majority of working smartphones and tablets.
How many people are on Profit.ly?
Profit.ly is currently home to over 150,000 traders and investors, since they’re not just trying to maximize profits but also to help one another develop and grow in their ability to take advantage of stock market opportunities left and right.