Stock trading can be a high-stakes game. On some days, you might have the benefit of pleasing and positive numbers. On other days, however it could be the reverse and it could be extremely difficult to get back to where you were your most productive. If you’re immersed in the water, you will have be aware that relying solely on instinct and survival is not always enough.
If you’ve experienced occasional losses You’ll need sound advice from tried-and-tested trading experts. You’re also gonna need an important boost from trading partners from all over the world, which is why we’ve found a platform that can support you in your growth in the market. In this review, we’ll be taking the time to look at Profit.ly is a well-known 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.
Total Rating: 4.1/5 Timothy Sykes On Steve Harvey Show
The User’s Experience 4.5/5
Profit.ly can be described as an online platform for trading that allows traders of different levels to be informative and accountable, as well as transparent and encouraging one another through its wide range of features and tools including chat rooms, trade verification as well as an extensive library of educational material.
What is Profit.ly?
Profit.ly is a trading site which serves as a training and learning platform for traders new to trading and also as a platform for traders who are experienced to monitor their performance through the use of cutting-edge analytics tools. Offering users a broad variety of tools for trade and communication and letting traders from all walks of life connect with one another. It offers gurus with an opportunity to invest in the right areas that the site. Imagine it as an online social media platform similar 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 form of leaderboards. The platform for trading is built on trust and transparency. it ensures that the transactions are legitimate and will not accept fake news as long as possible. It was founded years ago by the penny stock trade expert and investment expert Timothy Sykes, along with his colleague Michael Mosseri.
In an interview with Forbes publication, Sykes stated that Profit.ly was driven by its focus “on the transparency of all trades, something that has never been previously done.” This idea Sykes said served two goals: 1.) creating public track records for all traders, not just the gurus and students and newsletter writers and secondly) making it possible for all users to learn from the losses and wins to the benefit of the trading industry. Timothy Sykes On Steve Harvey Show
How Does It How Does It
Profit.ly is a subscription-based platform that allows stock traders to have access to a range of services and features geared toward achievement. It is possible to create an account there at no cost, however you’re limited to the ability to navigate through the leaderboard and follow the activities of people who aren’t gurus. If you’re looking to invest your money in order to find out which stocks the gurus are trading in real time it is necessary to join one of Profit.ly’s offers, which we will review in the coming days.
Making an account easy: create an account with your experience and knowledge, then connect to your brokerage account and you’ll have an opportunity to make through at the very top of the list. Profit.ly’s leaders’ board feature as we’ve mentioned earlier, is designed to give its users a look at the performance of the trading community as well as its gurus. You’re not just allowed to show that you’re worthy to the group of traders. You can also utilize Profit.ly to shop with a guru, and have the assurance that you’re comfortable of their knowledge and the legitimacy of their assertions.
If you are unsure about the concept of leaking the details of your broker account you may opt to post your trades, verified or not, by taking photographs. Also included in Profit.ly is the huge selection of trading classes and the capability to see statistics on a person’s profile as well as other ways to connect with your gurus through the chatroom in addition to 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 the penny-stock market. According to Investopedia, a penny stock is a small business’s shares that trade for under $5 for each share. The trading of penny stocks is an opportunity for small businesses to transition to a large marketplace as they can access capital from the public. But don’t be mistaken – it’s also an extremely risky game, as Sykes can surely tell because of his decades of experience.
Since his initial beginnings in his late years in the high schools, Tim Sykes has, since then, earned over $6 million of profits during his long and successful career as trader. When he was 25 years old Tim Sykes had received more exposure and a wider reach of influence when he became part of the reality TV show “Wall Street Warriors.” He made use of the show to establish trading rooms, penny stock themes, and educational material aimed at people who are brand new to trading. He also helped to establish Profit.ly as a place for openness, and for the community to uplift and compete against each other through the platform.
The Profit.ly Gurus
One of Profit.ly’s sweet inclusions is the variety of education resources, trade alerts, and other helpful stuff provided by the company’s internal gurus. Gurus are referred to experts in the field of trading who have proven to make substantial amounts of money from their collective years of expertise. Timothy Sykes On Steve Harvey Show
At its peak, Profit.ly had housed up to five gurus, each of them a pro in their field of expertise in the trading industry. Some of the most famous gurus included Connor Bruggermann, Nathan Michaud of Investors Underground, and Triforce among others. At the time of writing there are only two gurus who remain on the 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 look at the packages each guru can offer.
From Tim Sykes Tim Sykes
Sykes offers basic stock trading services that focuses on penny-stock day trading via Tim’s Alerts. The cost is $74.95 per month, you’ll see him focus on the fundamental stock catalysts and use them to forecast the next move that is possible when making trades.
A single purchase from Tim’s Alerts will get you access to the chatroom as well as the mobile app available for iOS and Android devices; text, e-mail and push alerts; and a daily stock watchlist.
Tim Sykes: From Tim Sykes: The Pennystocking Silver Package
Pennystocking Silver is the premium version that has been upgraded of the Tim’s Alerts package. At $149.95 for a month this is the perfect plan for those who are more invested in investing in penny stocks. Pennystocking Silver includes all the basic features found in earlier plans which includes swing trading alerts and unlimited access to an extensive library of more than 7,000 instructional videos and new videos released every week.
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In “Superman” Paul Scolardi: Superman Alerts
Scolardi who is known under the alias “Superman,” is a trader who has an eye for tiny-cap massive stocks as well as wildly accurate marketing forecasts. Through the years since when he first started trading, Superman has amassed over $5.5 million in trading earnings. Timothy Sykes On Steve Harvey Show
The Superman Alerts plan is his package of vital features and alerts on trading geared toward those who may be interested. For just $147 per month, you’ll have an access to the day-to-day premarket stock watchlist along with the mobile app, daily market commentary shown in real time, and email and SMS alerts.
From “Superman” Paul Scolardi: Superman Pro
For $247 per month, you can enjoy additional features and access to an extensive base of knowledge provided by Superman himself through Superman Pro. Superman Pro package. In addition to the basic features featured in the Alerts plan, Superman Pro gives you weekly video lessonsthat 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 plans and costs
If you’re looking to join the trading community on the internet and leave a mark in the field, Profit.ly has the right amount of resources to get you started. The platform has three membership levels, each designed for traders of different levels. Let’s break down what these three tiers are and how much they will 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. As you sign up for this plan, you will be immediately provided with a variety of powerful and vital trading tools, all of which is essential to keep your hands on what we can describe as a cutthroat process by itself.
The list of features you can accomplish with Profit.ly’s Novice package is the ability to confirm trades and track profits and follow-up, leading, and even messaging your fellow traders; and providing feedback on trades today. You can also get on leaderboards; analyze your trades, sort as well as filter trades; and, finally, see the statistics of other traders.
The Novice plan costs $29.95 per monthly payment. Although it might look appealing for the price alone however, there’s a drawback. You can’t create a private profile, thus making your actions public. If you’re interested in have an account with this option, you should stay tuned as we introduce to you Profit.ly’s next strategy.
The Trader Plan
The Trader package lets you to use the majority of features available in the novice plan. It is in this plan that you can create a private profile to share with fellow associates all your insights and intel in the trading 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. As nice as it seems however, there’s a crucial element that’s missing. As opposed to the prior Novice package, you will not be able to view other traders’ statistics this might be a drawback for those looking forward to this tier. Timothy Sykes On Steve Harvey Show
The Pro plan is the most luxurious package Profit.ly could offer for seasoned traders. With $74.95 monthly, which includes 22% off when billed annually This plan offers it all. You get full, no-holds-barred access to all the features of the prior plans.
You’re not only able to look at other people’s statistics, but you’re also given the chance to create an individual profile. These two features are plus the other benefits that you can use to their fullest capacity. If you’re looking for an account that will give you everything you need as trader with experience, the Pro level is the right choice for you!
Profit.ly’s Other Services
Apart from the tools for training and leadersboards Profit.ly has a few more services it has to offer. One of those is its online store, which allows users to pick from a range of videos created to help you understand the nuances and pitfalls of trading. All of the products featured on this page of the website can be purchased immediately for personal use. These include best-selling products such as”Trading Tickers, “Trading Tickers” series from trading specialist Tim Grittani, Timothy Sykes’s collection of DVDs, streaming-only content on penny stocking, short stocking, and other related to trading, videos and clips of the Annual Pennystocking Conference, and products from other expert traders.
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Chat rooms integrated into Profit.ly are included in Profit.ly’s variety of features and services. You’re probably familiar with the concept of the chat room since you will see it on social and messaging platforms and also on a few specialty websites that offer live chat assistance. But on Profit.ly the chat room is viewed as a real-time place where gurus and their members can interact and share knowledge in real-time. Every guru has their own way when it comes to running their chat room and dealing with the members. One of them may be laid back and not very often active, while another may be more online and communicative to their pupils. Think of the chat rooms as Profit.ly’s version of the forum in essence.
Who is the best Trader for Profit.ly?
Profit.ly’s variety of offerings and features caters to a large variety of stock trader types, from novices to the most experienced. With the variety of deals it offers, the platform surely has something for all.
Beginners, for instance, will appreciate Profit.ly’s knowledge-based content offered throughout the platform. In addition, they will be provided with videos every week and chat room advice from its in-house gurus and members. Additionally, they can select from the products in its online store for them to take wherever they may go. You can also get hands-on experiences from trading within the platform, but ultimately they’ll be able to realize that this is a high stakes game that shouldn’t be treated 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 those who are just starting. While novice traders may not be as adept at managing trading however, experienced traders know how it works along with the stack full of risks that it carries. In the ideal scenario, they can use Profit.ly’s range of options to their maximum advantage to enhance their trading abilities. As beginners, they are able to learn from the experts and experts and utilize those quick tips and tidbits along the way.
Profit.ly’s “all-inclusive” nature does not only apply to beginners or semi-experienced trader. Certified experts can also take part in the enjoyment! People in the trade industry who are at the same level as Superman or Tim Sykes can also use Profit.ly’s capabilities. Profit.ly’s capabilities to display their skills to others as a way to navigate them through the ever-changing trading process. Timothy Sykes On Steve Harvey Show
Profit.ly’s Pros and Pros and
- Profit.ly’s many capabilities as a ‘one-stop’ stock trading platform enable traders from all over the world with an abundance of knowledge communications, trading, and communication tools
- You will receive excellent training and tips from the in-house gurus, including libraries of educational videos and live trading activity.
- You’re assured of transparency throughout Profit.ly with accurate analytics and fellow traders ready to call you out if something occurs.
- The leaderboard feature on the platform gives you the chance to establish your reputation as a reliable and authentic trader
- Apart from its core capabilities, Profit.ly also gives its customers extra options that can be tailored to their needs, like posting unauthentic trades via screenshots
- Profit.ly’s wide array of subscription plans and guru packages are priced at affordable rates – there truly is something for all
- Profit.ly’s numerous products and packages offered might not be enough for most of its users
- If traders decide to make any type of trade, there is an opportunity that some them will profit by selecting the best trades in order to improve their ratings – this may be a concern that should not be overlooked.
- Profit.ly does not offer refunds because the premium customers will immediately benefit from the number of services the platform has to provide
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The Final Verdict is: Is Profit.ly Worth It?
If we were able to come up with an answer to this question, it’s yes. However, you must realize that it shouldn’t be treated as a quick-fix scheme to make money. It wasn’t intended to be created in this way. Instead, you need to have the ability to think with an open heart. Timothy Sykes On Steve Harvey Show
What we are referring to”yes” is that it can be a great learning tool. Those who may be stuck could be able to find Profit.ly’s variety of resources useful in their efforts to incur lesser losses and be more successful than they did before. It’s not just the poor traders that can benefit from the platform. It is able to accommodate novices and even experts in the field!
So, if you genuinely care about being a better trader and want to be taught by your peers and experts throughout the process, then look no further – Profit.ly is a fantastic alternative to start.
FAQ Timothy Sykes On Steve Harvey Show
How can you make use of Profit.ly to make your trades public?
Profit.ly offers a trade entry portion in the ‘My Trade category on the dashboard. It lets you post your trades, either verified or not. You may choose between three options:
- Linking your account to the brokerage of choice and then importing transactions directly through there
- Manually entering your trades using provided spaces and specifics
- Send a screen shot of your trades
How do I know whether the trade is authentic or not?
If you import your trade through a reliable brokerage, there’s the likelihood that it can be verified. This is indicated with the small blue check. If you post it in a manual way or by taking images, it will be assigned as unverified.
The drawback of posting an unauthenticated trade is the possibility of receiving downvotes from friends and colleagues. A large number of downvotes could result in you appearing on the Madoff leaderboard, where people are able to identify who is fraudulent in posting trades.
Are the Profit.ly mobile application still available?
At the time of writing, Profit.ly is still available for download on the Apple App Store as well as the Google Play store. The mobile app version is compatible with most working smartphones and tablets.
How many people are currently connected to Profit.ly?
Profit.ly is currently home to over 150,000 traders and investors, 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 both right and left.