Stock trading can be a high-stakes game. On some days, you could enjoy the benefits of positive and satisfactory numbers. However, on other days you may experience the opposite and it can be very difficult to return to the point you were at your best. If you’re always in the mud, you will have to recognize that relying on your instincts and preserving may not always be enough.
If you’ve experienced occasional losses You’ll need sound advice from tried-and-tested trading experts. Also, you’ll need an enormous boost from your trading partners from all over the globe, which is why we’ve discovered 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 A well-respected 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. 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 Options Trading
Value: 4.1/5
Quality: 4.1/5
Costs: 4.1/5
Users Experience 4.5/5
Summary
Profit.ly is an online trading platform that allows traders of all levels to be informative and accountable, as well as transparent and encouraging one another through its wide array of tools and features including chat rooms, trade verification, and an enriched library of educational material.
What is Profit.ly?
Profit.ly is a trading website which serves as a learning and training platform for traders who are starting out 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 to facilitate trade and communication that help traders from all walks of life network with each other. It offers gurus with worthwhile investments within the confines of the platform. Think of it as an online social media platform similar the likes of Facebook and Reddit, but for traders and experts.
Profit.ly independently verifies trade performances and publishes all data of them in the manner of leaderboards. The trading platform is built on trust and transparency. it ensures that the trades are authentic and won’t accept fake news as long as possible. It was founded years ago by the penny expert in stock trading and investment guru Timothy Sykes, along with fellow expert Michael Mosseri.
One time , during an interview for Forbes magazine Sykes stated that Profit.ly was driven by its focus “on the transparency of all trades, something that has never been done before.” This idea, he added, served two goals: 1.) making public records for everyone, not just the experts as well as newsletter authors and students, and 2) giving everyone on the platform to learn from both losses and wins for the trading industry’s benefit. Timothy Sykes Options Trading
How Does It How Does It
Profit.ly follows a subscription-based model that lets stock traders benefit from a variety of tools and services that are geared toward the success of their business. You may set up an account on the site at no cost, however you’re limited to the capability to browse the leaderboards and monitor the activities of people who aren’t gurus. If you’re looking to invest your money and see what stocks the experts are trading in real-time it is necessary to subscribe to any of Profit.ly’s offers, which we will review in the coming days.
Making an account simple: Create an account that includes your personal information and knowledge, then connect to your brokerage account, and you’ll be given an opportunity to make your way to the top of the leaderboard. Profit.ly’s leaders’ board feature as mentioned previously was designed to offer its users a glimpse of how the community of traders performs and its experts. It’s not only a chance to prove that you’re worthy to the community of traders. You can also use Profit.ly to buy with a professional with the assurance that you’re comfortable in their skills and the credibility of their assertions.
If you are unsure about the idea of divulging information about your account with a brokerage, you may opt to post your trades, whether verified or otherwise, through photographs. Included in Profit.ly are the vast number of trading courses and the capability to see the stats of a trader’s account and other methods to communicate with your gurus via chatrooms along with email and text alerts 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 the penny-stock market. According to Investopedia the term “penny stock” is a small business’s shares that trade for under $5 for each share. Penny stock trading is a stepping stone for small businesses to transition into a larger market because they can access capital from the public. But don’t be mistaken – it can also be an extremely risky activity, as Sykes is sure to reveal through his many years of experience.
From his beginnings in his late years in High School, Tim Sykes has, since then, made more than $6 million in earnings throughout his illustrious career as trader. When he was 25 years old Sykes was given greater exposure and an even wider reach of influence when he was a part of the reality show “Wall Street Warriors.” He took advantage of it to establish trading rooms, penny stock themes, and educational material aimed at those who are just beginning to learn about trading. He also helped establish Profit.ly as a place for openness, and for the community to uplift and compete on the platform.
The Profit.ly Gurus
One of Profit.ly’s amazing features is the wide range of learning resources, trade alerts, as well as other useful information provided by the in-house experts of the platform. The gurus in question refer to the experts in trading who have proven to make substantial profits from their combined years of knowledge. Timothy Sykes Options Trading
At its height, Profit.ly had housed up to five gurus. Each of them a professional in their niche within the world of trading. Some of the most famous experts were Connor Bruggermann, Nathan Michaud of Investors Underground, and Triforce as well as a handful of others. As of this writing, only two gurus remain on the platform: Founder of the penny stock market Tim Sykes and veteran smallcap swing trader Paul Scolardi, also known as Superman. In light of that Let’s look at the packaged offers each guru offers.
From Tim Sykes Tim Sykes: Tim’s Alerts
Sykes provides a basic stock trading service that focuses on penny stock day trading through Tim’s Alerts. The cost is $74.95 per month, you’ll see him focus on the basic stock catalysts and employ them to forecast the next possible moves in making trades.
A single purchase of Tim’s Alerts will get you access to the chatroom as well as the mobile app available on iOS as well as Android devices; texts, emails and push alerts and a daily stock watchlist.
from Tim Sykes: The Pennystocking Silver Package
Pennystocking Silver is the premium version, with an upgraded version of Tim’s Alerts program. Priced at $149.95 monthly, it is a great option for investors who are involved in penny stock trading. Pennystocking Silver comes with all the standard features of earlier plans including swing trading alerts as well as unlimited access to a rich library of over 7,000 educational videos, with new ones released weekly.
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From “Superman” Paul Scolardi: Superman Alerts
Scolardi who is known under the alias “Superman,” is a trader who has an eye for both tiny-cap massive stocks as well as wildly accurate marketing forecasts. Through the years since he began as a trader, Superman has amassed over $5.5 million in trading earnings. Timothy Sykes Options Trading
The Superman Alerts package is his package of vital features and trading alerts geared towards those who might be interested. For $147 per month, you’ll gain access to the daily premarket stock watchlist along with the mobile app, daily market commentary 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 an extensive base of knowledge provided by Superman himself through the Superman Pro package. In addition to the basic features included in the Alerts plan, Superman Pro gives you daily video lessons, which include a growing library of all other previous ones. In addition you’ll also gain access to premium research reports as well as an IPO as well as earnings tracking tool.
Profit.ly plans and costs
If you’re eager to join the online trading community and make a mark on the field, Profit.ly has the right amount of tools to get you up and running. The platform offers three membership tiers that cater to traders at different levels. Let’s break down what these three are and how much they’ll cost you.
Novice Plan
This package for novices is Profit.ly’s basic plan that is designed specifically for people who are brand new to the trading community. When you sign to this plan, you will be immediately offered a range of strong and indispensable trading tools, all of them integral in keeping your fingers on what we call a competitive process in and of itself.
Some of the features you can do with Profit.ly’s Novice package is the ability to verify trades and track profits as well as leading, following and even chatting with other traders; and providing feedback on trades today. You can also get on leaderboards, analyze your trades, sort and filter your trades and, finally, see other people’s statistics.
The Novice plan is $29.95 per month. While it may look attractive just by the price however, there’s a drawback. You can’t create a private profile, thus making your activities publicly available. If you’re looking to get access to this feature, you should keep an eye on us as we present to you Profit.ly’s next strategy.
The Trader Plan
The Trader package lets you to take advantage of the majority of features available in the Novice plan. This plan allows that you can create an individual profile that allows you to share with fellow associate users all your knowledge and intel in this trading group.
The price is $49.95/month, Profit.ly’s Trader plan does what the name suggests caters people who want to develop their trading skills. As nice as it seems, there is one significant aspect that’s not included. In contrast to the Novice package, this one won’t be able view other traders’ stats that might be a drawback for those anticipating this level. Timothy Sykes Options Trading
Pro Plan
This is by far the highest premium package that Profit.ly could offer for seasoned traders. It costs $74.95 monthly, and a 22% discount when billed annually, this tier has it all. It gives you full, unlimited access to all options of the previous plans.
Not only do you get to look at other people’s statistics as well, you’re also offered the opportunity to create a private profile. Both of these options, in addition to the benefits that you can use to their fullest capacity. If you’re in search of an account that will give you with everything you require as trader with experience, the Pro plan is ideal for you!
Profit.ly’s Other Services
In addition to the trainer tools and leadersboards Profit.ly offers a number of more services it has to offer. One of those is its online store, which lets users choose from a wide array of instructional videos that are designed to inform and guide you through the nuances and pitfalls of trading. The products listed on this page of the website is available to be bought immediately for your personal use. These include best-selling products such as”Trading Tickers,” the “Trading Tickers” series by trading expert Tim Grittani, Timothy Sykes’s collection of DVDs and streaming-only content related to penny stocking, short stocking, and all other things trading-related, clips and scenes taken from the Annual Pennystocking Conference, and other products by expert traders.
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The integrated chat rooms are also part of Profit.ly’s variety of features and services. You’re probably familiar with the concept of the chat room since you can see it across social and messaging platforms as well as some specialty websites that offer live chat assistance. But on Profit.ly, it is seen as a hands-on place where gurus and their member traders can communicate and learn in real time. Every guru has their own style in operating their chat room and dealing with the listed members. Some may be more laid back and not very often engaged, while another could be more online and communicative with their students. Consider chat rooms like Profit.ly’s version of the forum, in the essence.
Who is the best trader to Profit.ly?
Profit.ly’s diverse range of products and features caters to an array of stock traders, ranging from beginners to experienced pros. With the variety of deals it has to offer this platform definitely has something for every person.
Newbies, for instance, will appreciate Profit.ly’s library of learning content offered throughout the platform. They will also get daily videos and chat room tips from the in-house experts and members. Additionally, they can pick from the merchandise available on its store online for them to take wherever they travel. They can also gain hands-on experiences by trading through the platform, but ultimately they’ll be able to realize that trading is a high stakes game that shouldn’t be treated as an opportunity to make fun of.
For the traders with decades of experience in the road, we consider Profit.ly equally suited to them as the newcomers. While novice traders may not be as well-equipped with dealing with trading issues, the pros already understand the way it functions and the plethora of risks that come with it. In the ideal scenario, they can use Profit.ly’s array of features to their best advantage to improve their trading abilities. Like novices, they can learn from the top experts as well as experts, and take advantage of quick tips and tidbits to help them along.
Profit.ly’s ‘all-together’ nature doesn’t just apply to newbies and semi-experienced traders. Experts who have been verified can also participate in the fun! People in the trade industry who are on the same level as Superman or 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 Options Trading
Profit.ly’s Pros and Pros and
The Pros
- Profit.ly’s diverse capabilities as a “one-stop’ platform for trading stocks allows traders from all over the world with tons of learning tools, communication, and trading tools
- You’ll receive excellent training and insights from its inside experts, as well as collections of educational videos as well as trading in real-time.
- You’re assured of transparency throughout Profit.ly by using accurate data as well as fellow traders that are waiting to reach you when something goes wrong.
- The leaderboard feature on the platform gives you a way to build your credibility as a trustworthy and authentic trader
- In addition to its primary 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 wide array of subscription plans and guru packages are priced at reasonable prices There’s something for all
The Cons
- Profit.ly’s numerous packages and services offered could be too much for most of its users
- Since traders can choose to make any type of trade, there is an opportunity that some them will profit by cherry-picking the best trades to increase the rating – this may be a risk that shouldn’t be overlooked.
- Profit.ly does not accept refunds as its premium users will immediately 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 could come up with an appropriate answer for this query, it would be yes. However, you must realize that the platform should not be used as a quick-fix scheme to make money. The platform wasn’t originally intended to be created in this way. Instead, you need to have curiosity. Timothy Sykes Options Trading
What we are referring to by ‘yes’ is that it could be a useful learning tool. People who are stuck might be able to find Profit.ly’s variety of resources helpful as they do their best to reduce losses and perform better than before. It’s not just the poor traders that can benefit from the platform. It will be able to accommodate beginners as well as even experts in the field!
If you truly want to become a better trader and want to learn from your peers and experts along the way, then you should look no further than Profit.ly. Profit.ly is a fantastic option to begin.
FAQ Timothy Sykes Options Trading
How do you use Profit.ly to post your trades?
Profit.ly offers a trade entry portion within the ‘My Trade section of the dashboard that lets you record your trades, either verified or not. There are three choices:
- Linking your account with your broker of choice and import trades directly from there
- Manually entering your trades into the spaces provided and details
- Take a photo of your trades
How can I tell if the trade is verifiable or not?
If you purchase your trade from a trusted brokerage, there is the chance that it is verifiable. This is shown by the blue check mark. If you upload it in a manual way or by taking pictures, it will be assigned as unverified.
The drawback of posting an unverified trade is the chance of receiving downvotes from friends and colleagues. If you receive too many negative votes, it could cause you to show up in the Madoff leaderboard, where users can detect who’s being dishonest in posting trades.
Does the Profit.ly mobile app still in use?
As of the moment, Profit.ly is still available for download on the Apple App Store and in the Google Play store. The mobile app version works with all operating tablets and smartphones.
How many people are currently on 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 help each other develop and grow in their ability to take advantage of opportunities on the stock market left and right.
