The stock market can be an extremely risky game. On certain days, you might have the benefit of positive and satisfactory numbers. However, on other days you may experience the opposite and it could be very difficult to get back to where you were your best. If you find yourself always in the mud, you will have be aware that relying solely on your instincts and preserving might not be enough.
If you’ve been incurring losses from time to time You’ll need solid advice from seasoned and tested trading experts. You’re also gonna need an important boost from fellow traders from around the globe, which is why we’ve found an online platform that will help you in your growth within the field. We’ll be taking the time to look at Profit.ly is a well-known 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 Million
User Experience: 4.5/5
Profit.ly is an online trading platform that permits traders of different levels to be informative, transparent, accountable, and uplifting with one another through its wide array of tools and features including trade verification, chat rooms as well as an extensive library of educational material.
What exactly is Profit.ly?
Profit.ly is a trading site that serves both as a training and learning platform for traders new to trading as well as a place for traders with experience to keep track of their performance through the use of sophisticated analytics tools. It provides users with a vast range of resources for trade and communication and letting traders from all walks of life network with each other. It offers gurus with worthwhile investments within the confines of this platform. Think of it as the social media equivalent like 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 form of leaderboards. The trading platform is built on trust and transparency. it guarantees that the transactions are legitimate and will not tolerate inauthenticity as much as is humanly possible. It was founded many years ago 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 stated that Profit.ly was driven by its focus “on the transparency of the entire spectrum of trades, something which was never done before.” This idea, he added, served two purposes: 1) making public records for everyone, not just the experts as well as newsletter writers and students as well as) making it possible for everyone on the platform to gain insight into both losses and wins to benefit the industry of trading. Timothy Sykes Million
How Does It How Does It
Profit.ly utilizes a subscription model that lets stock traders benefit from a variety of features and services aimed toward success. It is possible to create an account there for free, but 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 will need to join one of Profit.ly’s deals that we’ll go over shortly.
Setting up an account is easy: create an account that includes your personal information and knowledge, then connect your brokerage account, and you have yourself a chance to shoot through at the very top of the list. Profit.ly’s leaderboard feature, as we’ve mentioned earlier, is designed to give its users an insight into their performance as a trading group as well as its gurus. It’s not just a way to demonstrate that you’re worthy to the community of traders, but you can also utilize Profit.ly to shop with a professional with the assurance that you’re comfortable of their knowledge and the veracity of their claims.
If you are unsure about the concept of leaking the details of your broker account you may decide to share your trades, whether verified or otherwise, through photographs. In Profit.ly are a variety of trading classes as well as the ability to look at statistics on a person’s profile as well as other ways 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 Tim Sykes, the founder: Tim Sykes
Timothy Sykes is a well-renowned day trader who has been famously known for delving his hands into penny stock trading. According to Investopedia, a penny stock refers to a small-sized company’s shares that trade for under $5 for each share. Penny stock trading could be viewed as a stepping stone for small-scale businesses to make the transition into a larger market because it allows them to access funds from the general public. However, don’t get it wrong – it can also be an extremely risky activity, as Sykes can surely tell thanks to his years of expertise.
Since his initial beginnings at the end of his time in high school, Tim Sykes has, since then, made an estimated $6 million profit during his long and successful career as a trader. At the age of 25 Sykes was given greater exposure and a larger reach of influence when he became part of the reality TV show “Wall Street Warriors.” Then, he used the opportunity to establish trading rooms and penny stock themes as well as educational content targeted at people who are brand new to the trading field. He also helped establish Profit.ly as a platform for openness, and to allow the community to rise and compete against 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 and other helpful stuff provided by the platform’s in-house gurus. Gurus are referred to experts in the field of trading who have made substantial amounts of money from their collective years of expertise. Timothy Sykes Million
At its height, Profit.ly had housed up to five gurus. Each of them a pro in their field of expertise in the field of trading. 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 only two gurus remain on the platform: Founder and penny stock trader 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 can offer.
From Tim Sykes Tim Sykes: Tim’s Alerts
Sykes offers an essential stock trading service that focuses on penny-stock day trading via Tim’s Alerts. At $74.95 per month, you’ll be able to see him concentrate on the fundamental catalysts for stocks and utilize them to anticipate the next possible moves in trading.
A standalone purchase in Tim’s Alerts will get you access to the chatroom as well as the mobile app that’s 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 version that has been upgraded of the Tim’s Alerts program. At $149.95 monthly, it is the perfect plan for those who are more invested in the penny-stock market. Pennystocking Silver offers all the essential features that were included in earlier plans which includes alerts for swing trading and access to an extensive library of more than 7,000 instructional videos, with new ones released every week.
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In “Superman” Paul Scolardi: Superman Alerts
Scolardi, who goes by the name “Superman,” is a professional in swing trading with an eye for tiny-cap massive stocks as well as wildly accurate marketing forecasts. In the time since the time he started trading, Superman has amassed over $5.5 million in trading earnings. Timothy Sykes Million
The Superman Alerts plan is his offering of essential features and trading alerts geared toward those who may be interested. For $147 per month, you’ll gain an access to the day-to-day stock watchlist that is premarket along with the mobile application, daily market commentary 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 a knowledgeable base of information provided by Superman himself, via Superman Pro. Superman Pro package. In addition to the basic features featured in the Alerts package, Superman Pro gives you daily video lessons, which include a growing library of all previous lessons. On top of that, you’ll also get an access to high-quality research papers and the IPO and earnings tracker.
Profit.ly Programs and Costs
If you’re looking to join the world of online trading and leave a mark in the field, Profit.ly has the right amount of tools to get you going. The platform has three membership levels that cater to traders of different levels. Let’s look at what the three tiers are and how much they’ll cost you.
This package for novices is Profit.ly’s entry-level plan designed especially for people who are brand new to the world of trading. Once you have signed up for this package, you will be immediately given a slew of robust and indispensable trading tools, all of which is essential to keep your fingers on what we can describe as a cutthroat process in and of itself.
The list of features you can accomplish with Profit.ly’s Novice package include the ability to verify trades and track profits and follow-up, leading and even texting other traders; and giving feedback on the trades of today. It also allows you to be on leaderboards, analyze, sort, or filter the trades you make and, finally, see other people’s statistics.
The Novice plan costs $29.95 per month. Although it might look appealing just by the price, there is a downside. You can’t create a private account, making your actions public. If you’re interested in gain an account with this option, be watching for us to introduce to you Profit.ly’s next strategy.
The Trader package allows you to use a majority of features from The Novice package. This plan allows that you are able to create an individual profile that allows you for sharing with fellow associate users all the insights and knowledge you gain from this trading group.
Costing $49.95/month, Profit.ly’s Trader plan will do what the name implies: Cater for those looking to develop their skills in trading. As nice as it seems however, there’s a crucial feature that is missing. As opposed to the prior Novice package, you will not be able to view the statistics of other traders that might be a drawback for some who may be anticipating this level. Timothy Sykes Million
The Pro plan is the highest premium package that Profit.ly can offer to experienced traders. It costs $74.95 monthly, with a 22% discount for billing annually, this tier has everything. You get full, no-holds-barred access to all the options of the previous plans.
You’re not only able to look at other people’s statistics as well, you’re also offered the option of creating a private profile. Both of these features, plus the other advantages that you can utilize to the maximum extent. If you’re in search of a plan that can serve you with everything you require as an experienced trader, the Pro level is for you!
Profit.ly’s Other Services
Apart from the provided trainer tools and leaderboards, Profit.ly has a few additional services that it can provide. One of those is its online store, which lets users select from a variety of instructional videos that are designed to inform and guide you through the ins and outs of trading. Each of the offerings listed on this page of the site can be purchased immediately for personal use. These include best-selling products such as”Trading Tickers, “Trading Tickers” series by trading professional Tim Grittani, Timothy Sykes’s collection of DVDs and streaming-only content on penny stocking, short stocking, as well as all related to trading, videos and footage taken from the Annual Pennystocking Conference, and products from other expert traders.
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The chat rooms that are integrated are included in Profit.ly’s range of features and services. You may be familiar with chat rooms since you can see it across messaging and social platforms, as well as some specialty websites that provide live chat assistance. But in Profit.ly it’s seen as a hands-on area where experts and members trade and exchange knowledge in real-time. Every guru has their own style when it comes to running their chat room and dealing with the members there. Some may be laid back and rarely active, while another might be more online and communicative with their students. Consider chat rooms like Profit.ly’s version of a forum, in the essence.
Who is the ideal Trader for Profit.ly?
Profit.ly’s diverse range of products and features are geared towards a large variety of stock traders, from novices to experienced professionals. Considering the number of offers it has to offer, the platform surely has something for everyone.
Newbies, for instance, can take advantage of Profit.ly’s library of learning materials available across the platform. Not only will they be enriched with weekly videos and chat room advice from the in-house experts and members. Additionally, they can choose from the items from its online store that they can take with them wherever they travel. They can also gain hands-on experiences by trading through the platform, but eventually they’ll be able to realize that trading is a high stakes game that shouldn’t be taken as an opportunity to make fun of.
For traders who have decades of experience in the line, we believe Profit.ly equally suitable for them as it is for people who are just beginning. Although the novices might not be as adept at managing trading however, experienced traders know how it works along with the risky mix that it carries. In the ideal scenario, they can use Profit.ly’s array of features to their best advantage to improve their trading skills. As beginners, they are able to learn from the experts as well as experts, and take advantage of simple tips and hints to help them along.
Profit.ly’s “all-inclusive” nature does not only apply to beginners and semi-experienced traders. Certified experts can also take part in the excitement! Trade professionals who are at the same level as Superman as well as Tim Sykes can also use the power of Profit.ly’s capabilities to display their skills to others in order to navigate them through the ever-changing trading process. Timothy Sykes Million
Profit.ly’s Pros and Cons
- Profit.ly’s diverse capabilities as a “one-stop” stock trading platform allows it to provide traders everywhere with an abundance of knowledge, communication, and trading tools
- You get to be provided with excellent lessons and tips from the internal experts, which include 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 that are waiting to reach you when something goes wrong.
- The platform’s leaderboard feature gives you a way to build your reputation as a reliable and dependable trader
- In addition to its primary capabilities, Profit.ly also gives its users extra options to suit their needs, like posting unverifiable trades through images
- Profit.ly’s variety of subscription plans and guru packages are priced at reasonable prices There’s something for every person
- Profit.ly’s numerous products and packages offered might be too much for a lot of its customers
- As traders may opt to make any type of trade, there is an opportunity that some them could profit from selecting the best trades in order to improve their ratings – this may be a concern that should not be simply overlooked
- Profit.ly does not accept refunds, as its premium users will immediately benefit from the many services the platform has to offer
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The Final Verdict The Final Verdict: Is Profit.ly Worth It?
If we were able to come up with the answer, it’s an affirmative “yes”. But you need to understand that this platform shouldn’t be viewed as a get-rich-quick scheme. It wasn’t designed to be used in this way. Instead, you should have the ability to think with an open heart. Timothy Sykes Million
What we mean”yes” is it can be a great learning tool. People who are stuck could find Profit.ly’s variety of resources to be helpful as they do their best to avoid loss and perform better than before. It’s not just the struggling traders that will profit from the platform. It can accommodate beginners and even experts!
If you really care about being more successful in trading and would like to be taught by your peers and experts on the way, look no further – Profit.ly may be a great alternative to start.
FAQ Timothy Sykes Million
What are the best ways to use Profit.ly to post your trades?
Profit.ly includes a trade entry portion within the My Trade category on the dashboard that lets you record your trades that are verified or not. You may choose between three choices:
- Connecting your account to your brokerage of choice and then importing trades directly from there
- Manually inputting your trades with provided spaces and specifics
- Upload a screenshot of your trades
How do I know if the trade is verifiable or not?
If you buy your trade through a reliable brokerage, there’s a high probability that it’s verifiable. This is shown by the blue check mark. If you submit the information manually or via screenshots, it will automatically be classified as unverified.
The downside of having an unverified trade is the possibility of getting downvotes from your colleagues. A large number of downvotes could cause you to be listed at the top of the Madoff leaderboard, which is where the public can see who’s untruthful in submitting trades.
Is the Profit.ly mobile app still in use?
At the time of writing, Profit.ly is still available to download from the App Store for Apple and on the Google Play store. The mobile app version is compatible with most operating tablets and smartphones.
How many are on 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 assist each other to grow and learn more about acquiring stock market opportunities left and right.