Stock trading is an extremely risky game. On certain days, you could be reaping the benefits of positive and satisfying numbers. However, on other days it could be the reverse and it can be extremely difficult to get back to where you were your peak. If you find yourself constantly stuck in the gutter it is important be aware that relying solely on instinct and survival might not be enough.
If you’ve been incurring occasional losses You’ll need reliable advice from tested and tried trading experts. Additionally, you’ll require an important boost from colleagues in the market from all over the world, which is why we’ve identified a platform that can support you to improve your performance in the market. We’ll be taking the time to look at Profit.ly A well-respected 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. 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 Millionare Interview
User Experience: 4.5/5
Profit.ly offers an internet-based trading service that enables traders of different levels to be knowledgeable responsible, transparent, and uplifting with each other through its broad variety of tools and features including trade verification, chat rooms and a rich library of educational material.
What is Profit.ly?
Profit.ly is a trading site that functions as a learning and training platform for traders who are just beginning their journey as well as a place for experienced traders to track their performance using the aid of sophisticated analytics tools. Providing users with a wide range of resources for trade and communication, it helps traders from all walks of life connect with one another. It gives the gurus worthwhile investments within the confines that the site. Think of it as an online social media platform similar the likes of Facebook and Reddit however it is geared towards professionals and traders.
Profit.ly independently checks the performance of trades and publishes all data of them in the manner of leaderboards. The platform for trading is built on trust and transparency. it guarantees that the transactions are legitimate and will not accept fake news as long as possible. It was created many years ago by penny expert in stock trading and investment guru Timothy Sykes, along with the other expert Michael Mosseri.
One time , during an appearance in 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.” The idea Sykes said served two purposes: 1) making public records for everyone, not just the experts and students and newsletter writers and secondly) giving anyone on the platform to be enlightened by both losses and wins to benefit the industry of trading. Timothy Sykes Millionare Interview
How Does It Perform?
Profit.ly is a subscription-based platform which allows stock traders to have access to a range of tools and services that are geared at achieving the success of their business. You may set up an account on the site for free, but you’re only given the ability to navigate through the leaderboard and observe the activities of non-gurus. If you’re ready to invest your money to see which stocks the gurus 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 a profile with your experiences and expertise, connect your brokerage account, and you’ll have the chance to climb your way up to at the very top of the list. Profit.ly’s leaderboard feature, as we’ve mentioned earlier it is designed to provide its users a glimpse of their performance as a trading group and its experts. It’s not only a chance to show your worth to a community of traders, as you can also utilize Profit.ly to purchase with a guru, and have the assurance that you’re comfortable with their expertise and the credibility of their claims.
If you feel uneasy with the concept of leaking the details of your broker account then you could opt to post your trades, verified or not, via pictures. Included in Profit.ly are the vast number of trading courses as well as the ability to look at stats in a trader’s profile, and more ways to interact with your experts via chatrooms as well as text and e-mail alerts and updates.
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Meet the Founder: Tim Sykes
Timothy Sykes is a well-renowned day trading guru who has been famously known for delving his hands into penny stock trading. According to Investopedia the term “penny stock” refers to a small-sized company’s stock that trades for less than $5 per share. Penny stock trading could be viewed as an avenue for small companies to move to a market that is larger as they can access capital 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 the latter years of the high schools, Tim Sykes has, since then, earned over $6 million of profit throughout his illustrious career as trading professional. At the age of 25 Sykes was given greater exposure and an even wider impact when he became part of the reality TV show “Wall Street Warriors.” Then, he used the opportunity to develop trading rooms, penny stock themes, and educational content geared toward those who are new to trading. He also helped establish Profit.ly as a platform for transparency, and for the community to uplift and compete against each other on the platform.
The Profit.ly Gurus
One of Profit.ly’s most appealing features is the vast array of learning sources, 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 proven to make substantial profits through their years of knowledge. Timothy Sykes Millionare Interview
At its height, Profit.ly had housed up to five gurus. Each of them a professional in their field of expertise within the world of trading. Some of the most famous experts were Connor Bruggermann, Nathan Michaud of Investors Underground, and Triforce, among a few others. As of this writing, only two gurus remain on this platform: the founder and penny stock trader Tim Sykes and veteran smallcap swing trader Paul Scolardi, also known as Superman. When we take that into account Let’s look at the packaged offers each guru has to offer.
From Tim Sykes Tim Sykes: Tim’s Alerts
Sykes offers a basic stock trading service which focuses on penny-priced day trading with Tim’s Alerts. At $74.95 per month, you’ll observe him focus on fundamental catalysts for stocks and utilize them to predict the next moves that could occur when making trades.
A purchase on its own from Tim’s Alerts will get you access to the chatroom and the mobile app available on iOS and Android devices, text, e-mail, and push alerts; and a daily stock watchlist.
from Tim Sykes: The Pennystocking Silver Package
Pennystocking Silver is the premium version that has been upgraded of the Tim’s Alerts program. Priced at $149.95 for a month this is an ideal plan for those who are more committed to the penny-stock market. Pennystocking Silver includes all the basic features that were included in the previous plan, such as alerts for swing trading and access to a collection of more than 7,000 educational videos that are updated weekly.
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In “Superman” Paul Scolardi: Superman Alerts
Scolardi who is known under the name “Superman,” is a professional in swing trading with an eye for both massive stocks of the small-cap size and insanely accurate marketing forecasts. In the time since the time he started trading, Superman has amassed over $5.5 million in trading profits. Timothy Sykes Millionare Interview
The Superman Alerts plan is his offer of the most essential features and alerts on trading geared toward those who may be interested. For $147 per month, you’ll gain an access to the day-to-day premarket stock watchlist and the mobile application, daily market commentary in real-time, and email and SMS alerts.
From “Superman” Paul Scolardi: Superman Pro
At $247/month, you get additional features, as well as access to the extensive knowledge base that is provided by Superman himself via Superman Pro. Superman Pro package. Alongside the standard features included in the Alerts package, Superman Pro gives you weekly video lessonsthat include the growing collection of the previous ones. Additionally you’ll also have an access to high-quality research papers and an IPO and earnings tracker.
Profit.ly Programs and Costs
If you’re looking to join the online trading community and leave a mark in the market, Profit.ly has the right amount of resources to get you going. Profit.ly offers three membership levels that cater to traders with different levels. Let’s look at what the three are and how much they’ll cost you.
This package for novices is Profit.ly’s basic plan that is designed specifically for those who are just beginning their journey to the trading community. When you sign up for this package you’ll be provided with a variety of powerful and essential trading tools, each one of them essential in keeping your fingers on what we can describe as a cutthroat process in and of itself.
The list of features you can do using Profit.ly’s Novice package include the ability to confirm the results of your trades and track profit and follow-up, leading and even texting your fellow traders, as well as leaving feedback on today’s trades. You’re also allowed to get on leaderboards; analyze your trades, sort or filter the trades you make; and lastly, look at other’s stats.
The Novice plan costs $29.95 per monthly payment. Although it looks attractive just by the price however, there’s a drawback. It isn’t possible to create a private account, making your activities publicly available. If you’re looking to get the benefit of this service, stay tuned as we introduce to you Profit.ly’s next plan.
The Trader plan allows you to use many of the features of the novice plan. In this plan, that you are able to create an account that is private to share with other associate users all the insights and knowledge you gain from this trading group.
Priced at $49.95/month, Profit.ly’s Trader plan does what the name suggests caters people who want to develop their expertise in trading. As nice as it seems however, there’s a crucial feature that is missing. Unlike the previous Novice package, you won’t be able to see the statistics of other traders, which might be a drawback for some who may be anticipating this level. Timothy Sykes Millionare Interview
This is by far the most premium package that Profit.ly offers to experienced traders. At $74.95 monthly, and a 22% discount for annual billing the Pro plan has it all. You get full, no-holds-barred access to all features from the two previous plans.
Not only do you get to view other people’s stats and data, but you also have the option of creating an individual profile. Both of these features, on top of all the advantages you’ll be able to use to the maximum extent. If you’re looking for an option that gives you with everything you require as trader with experience, the Pro tier could be for you!
Profit.ly’s Other Services
Apart from the tools for training 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 pick from a range of videos that are designed to educate and guide you through the nuances and pitfalls of trading. The products listed on this page of the website can be immediately purchased for personal use. Among these products include best-sellers like”Trading Tickers,” the “Trading Tickers” series by trader specialist Tim Grittani, Timothy Sykes’s collection of DVDs and streaming-only content related to short stocking, penny stocking, and all other things trading-related, clips and clips taken from The Annual Pennystocking Conference, and items from other experts in trading.
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Chat rooms integrated into Profit.ly are included in Profit.ly’s variety of features and services. You are probably familiar with chat rooms since you will see it on social and messaging platforms and also on a few specialty websites that provide live chat assistance. But in Profit.ly it’s seen as a real-time space where experts and their member traders can communicate and learn in real time. Every guru has their own way when it comes to running their chat room and in dealing with the members. One might be laid back and not very often engaged, while another could be more active and in touch in their interactions with students. Consider chat rooms like Profit.ly’s version of a forum, in essence.
Who is the ideal Trader for Profit.ly?
Profit.ly’s wide range of products and features are geared towards an array of stock traders, ranging from novices to experienced professionals. Given the wide range of options it can provide it is certain to have something for every person.
For instance, newbies can take advantage of Profit.ly’s knowledge-based information available on the platform. They will also be enriched with weekly videos and chat room advice by its internal gurus and their members. They’ll also be able to pick from the merchandise available on its store online for them to take wherever they go. They can also gain hands-on experience trading on the platform, but eventually, they will soon learn that trading is a high-stakes game that should not be viewed as an amusing pastime.
For the traders with years of exposure down the line, we believe Profit.ly as equally as suitable to them as people who are just beginning. Although the novices might not be as adept at handling trading matters but the experts already know the way it functions and the risky mix associated with it. It is ideal to use Profit.ly’s variety of features to their best advantage to develop 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-inclusive” nature doesn’t just apply to newbies or semi-experienced trader. Experts who have been verified can also participate in the enjoyment! 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 skill to others in order to guide them through the ever-illustrious trading process. Timothy Sykes Millionare Interview
Profit.ly’s Pros and Pros and
- Profit.ly’s diverse capabilities as a “one-stop’ platform for trading stocks allows it to provide traders everywhere with an abundance of knowledge communications, trading, and communication tools
- You’ll be provided with excellent lessons and tips from the internal experts, which include libraries of educational videos and real-time trading activities
- You’re guaranteed transparency throughout Profit.ly with precise analytics and fellow traders that are waiting to reach you out whenever something happens
- The platform’s leaderboard feature gives you the chance to establish your reputation as a reliable and dependable trader
- Apart from its core abilities, Profit.ly also gives its users extra options to suit their needs, like posting trades that are not authentic by taking screenshots
- Profit.ly’s variety of subscription levels and guru packages are priced at a reasonable cost There’s something for all
- Profit.ly’s bountiful stream of packages and products offered may be too much for a lot of its customers
- Since traders can choose to post any kind of trade, there is a possibility that some of them will profit by cherry-picking the best trades to boost their rating this could be a risk that shouldn’t be overlooked.
- Profit.ly does not accept refunds because its premium users will immediately benefit from the many services the platform has to offer
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The Final Concluding Question: Is Profit.ly Worth It?
If we could come up with the answer, it’s yes. But it is important to realize that this platform shouldn’t be viewed as a scheme to get rich quick. 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 Millionare Interview
What we are referring to”yes” is it is a fantastic learning tool. Those who may be stuck could discover Profit.ly’s variety of resources to be helpful when they try their best to incur lesser losses and be more successful than they did before. It’s not only the poor traders that can profit from the platform. It is able to accommodate novices and even experts in the field!
So, if you genuinely desire to be more successful in trading and would like to be taught by your fellows and gurus on the way, look no further – Profit.ly is a fantastic choice to start.
FAQ Timothy Sykes Millionare Interview
What are the best ways to use Profit.ly to make your trades public?
Profit.ly has the option of allowing trade entries within the My Trade section of the dashboard which allows you to post your trades, verifiable or otherwise. There are three choices:
- Linking your account to the brokerage of choice and then importing trades directly from there
- Manually inputting your trades with the spaces provided and details
- Take a photo of your transactions
How can I tell whether the trade can be verified or not?
If you buy your trade from a reputable brokerage, there’s the chance that it is verifiable. This is shown by the small blue check. If you submit it manually or through images, it will be classified as unverified.
The drawback of posting an unauthenticated trade is the possibility of receiving downvotes from fellow peers. If you receive too many negative votes, it could cause you to show up at the top of the Madoff leaderboard, where users can detect who’s being dishonest in posting trades.
Are the Profit.ly mobile application still available?
As of the moment, Profit.ly is still available for download on the Apple App Store and on the Google Play store. The mobile version of the app is compatible with the majority of operating tablets and smartphones.
How many people are currently using Profit.ly?
Profit.ly is currently home to over 150,000 investors and traders, because they are not just looking to earn maximum profits but also to help one another grow and learn more about acquiring stock market opportunities both right and left.