Stock trading is an exciting game with high stakes. On some days, you could enjoy the benefits of positive and satisfactory numbers. On other days, the opposite may happen and it can be extremely difficult to get back to the point you were at your most productive. If you’re always in the mud, you will have to recognize that relying on pure instinct and preservation is not always enough.
If you’ve been incurring loss from time to time, you’re gonna be needing reliable advice from tested and tried trading experts. Additionally, you’ll require an enormous boost from your fellow traders from around the globe. That’s why we’ve found an online platform that will help you in your improvement within the field. This review will take a look at Profit.ly, a well-recognized 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 Past Girlfriends
The User’s Experience 4.5/5
Profit.ly can be described as an online platform for trading that permits traders of various levels to be informed, transparent, accountable, and uplifting with one another through its wide array of tools and features including chat rooms, trade verification, and an enriched library of educational content.
What is Profit.ly?
Profit.ly is a trading site which serves as a learning and education platform for traders new to trading and also as a platform for traders with experience to keep track of their performance through the use of advanced 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 gives the gurus worthy investments within the boundaries that the site. Think of it as the social media equivalent 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 from them in the form of leaderboards. The platform’s trading model is based on transparency and honesty: it guarantees that the transactions are legitimate and will not accept fake news as long as it is possible. It was created many years ago by penny expert in stock trading and investment expert Timothy Sykes, along with his colleague Michael Mosseri.
In an interview with Forbes magazine, Sykes stated that Profit.ly was driven by its focus “on the transparency of every trade, something that was never previously done.” The concept Sykes said served two objectives: one) keeping track of public data for not just the gurus as well as newsletter writers and students as well as) giving anyone on the platform to learn from both losses and wins to the benefit of the trading industry. Timothy Sykes Past Girlfriends
How Does It Work?
Profit.ly is a subscription-based platform that allows stock traders to benefit from a variety of tools and services that are geared towards achieving success. You can create an account on the site for free, but you’re limited to access to the leaderboards and monitor the activities of people who aren’t gurus. If you’re interested in investing your money in order to find out which stocks the gurus are trading in real time You’ll need to join one of Profit.ly’s offers that we’ll go over shortly.
Making an account simple: Create an account with your experience and knowledge, then connect to your brokerage account and you’ll be given the chance to climb through the top of the leaderboard. Profit.ly’s leaders’ board feature as mentioned previously it is designed to provide its users a look at how the community of traders performs as well as its gurus. It’s not just a way to demonstrate your worth to a large group of traders, as you can also use Profit.ly to buy from a guru with the confidence that you are confident of their knowledge and the veracity of their claims.
If you feel uneasy with the concept of leaking the details of your broker account you can decide to share your trades, verified or not, via screenshots. Included in Profit.ly are the vast number of trading classes as well as the ability to look at the stats of a trader’s account and other methods to communicate with your gurus in 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 trader who is well-known for his efforts in trades in penny stocks. According to Investopedia, a penny stock is a small business’s stock that trades for less than $5 per share. The trading of penny stocks could be viewed as an avenue for small companies to move to a large marketplace as they can access capital from the general public. But don’t be mistaken – it’s also a high-risk game, which Sykes is sure to reveal through his many years of expertise.
Since his initial beginnings in his late years in the high schools, Tim Sykes has, since then, earned more than $6 million in earnings through his lengthy career as trader. At the age of 25 Sykes was given greater exposure and a larger impact when he became part of the reality series “Wall Street Warriors.” He used the opportunity to develop trading rooms, penny stock themes, as well as educational content targeted at those who are just beginning to learn about the trading field. He also helped establish Profit.ly as a place of transparency and for the community to uplift and compete with each other through the platform.
The Profit.ly Gurus
One of Profit.ly’s amazing features is the vast array of educational tools, trade alerts and other useful stuff offered by the in-house experts of the platform. The gurus in question refer to the experts in trading who have earned substantial profits from their collective years of experience. Timothy Sykes Past Girlfriends
At its peak, Profit.ly had housed up to five gurus, all of them a pro in their niche in the field 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, there are only two gurus who remain on this platform: the founder of the penny stock market Tim Sykes and veteran smallcap swing trader Paul Scolardi, also known as Superman. In light of that we’ll take a look at the packages each guru offers.
From Tim Sykes Tim Sykes
Sykes provides a basic stock trading service with the main priority being penny-priced day trading with Tim’s Alerts. At $74.95 per month, you’ll be able to be able to see him concentrate on the fundamental stock catalysts and use them to predict the next move that is possible when making trades.
A single purchase from Tim’s Alerts will get you access to the chatroom and the mobile app that’s available on iOS and Android devices, email, text and push alerts and a daily stock watchlist.
Tim Sykes: From Tim Sykes: The Pennystocking Silver Package
Pennystocking Silver is the most premium version, with an upgraded version of Tim’s Alerts package. At $149.95 monthly, this is an ideal plan for those who are involved in the penny-stock market. Pennystocking Silver includes all the basic features found in earlier plans which includes swing trading alerts and unlimited access to a rich library of over 7,000 educational videos, with new ones released every week.
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The following video is from “Superman” Paul Scolardi: Superman Alerts
Scolardi who is known under the alias “Superman,” is a swing trading professional with an eye for small-cap monumental stocks and crazy-accurate marketing forecasts. Through the years since when he first started trading, Superman has amassed over $5.5 million in trading earnings. Timothy Sykes Past Girlfriends
The Superman Alerts plan is his package of vital features and alerts on trading geared to those 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 updates in real-time, as well as E-mail and SMS alerts.
The film “Superman” Paul Scolardi: Superman Pro
For $247 per month, you can enjoy additional features, plus access to the extensive knowledge base provided by Superman himself, via the Superman Pro package. On top of the essentials that are included in the Alerts package, Superman Pro gives you daily video lessons, which include the growing collection of previous lessons. On top of that you’ll also gain the ability to access premium reports on research and the IPO or earnings monitor.
Profit.ly Plans and Costs
If you’re looking to join the trading community on the internet and leave a mark in the industry, Profit.ly has the right amount of resources to get you up and running. Profit.ly offers three membership tiers that are designed to accommodate traders of different levels. Let’s take a look at what these three tiers are and how much they will cost you.
This package for novices is Profit.ly’s basic plan that is designed specifically for those who are new to the world of trading. When you sign to this plan, you will be immediately offered a range of strong and indispensable trading tools, each one of them essential in keeping your fingers on what we can describe as a cutthroat process by itself.
Among the list of things you can accomplish with Profit.ly’s Novice program is the capability to check trades and track profits and follow-up, leading, and even messaging other traders; and providing feedback on trades today. You’re also allowed to get on leaderboards, analyze your trades, sort as well as filter trades; and, lastly, view other’s stats.
The Novice plan will cost $29.95 per monthly payment. While it may look attractive simply because of 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 an account with this option, you should be watching for us to introduce to you Profit.ly’s next plan.
The Trader package allows users to benefit from a majority of features from The Novice package. It is in this plan that you can set up a private profile to share with other associate users all the insights and information you have gained from the trading community.
Costing $49.95/month, Profit.ly’s Trader plan is exactly what it says: Cater to those who desire to improve their trading skills. As nice as it seems, there is one significant element that’s missing. In contrast to the Novice package, you will not be able view other traders’ statistics, which could be a disadvantage for those eager to try this new tier. Timothy Sykes Past Girlfriends
This is by far the highest expensive plan Profit.ly offers to experienced traders. It costs $74.95 monthly, with 22% off when billed annually the Pro plan has everything. It gives you full, unlimited access to all features from the two previous plans combined.
You’re not only able to see other users’ stats and data, but you also have the opportunity to create your own private profile. These two features are plus the other benefits that you can use to the maximum extent. If you’re looking for an account that will give you everything you need as trader with experience, the Pro level is for you!
Profit.ly’s Other Services
In addition to the trainer tools and leaderboards, Profit.ly offers a number of more services it has to provide. One of those is its online store, where customers can select from a variety of video products designed to inform and provide guidance on the ins and outs of trading. The products listed on this page of the website is available to be bought immediately for your personal use. Some of these include bestsellers such as”Trading Tickers,” the “Trading Tickers” series by trading professional Tim Grittani, Timothy Sykes’s collection of DVDs, streaming-only content on penny stocking, short stocking, and other related to trading, videos and clips taken from The Annual Pennystocking Conference, and items from other experts in trading.
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The chat rooms that are integrated are as well part of Profit.ly’s variety of features and services. You are probably familiar with the concept of chat rooms since you will see it on messaging and social platforms, in addition to a few special websites that provide live chat support. However, 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 dealing with the members there. One of them may be a laid-back person who is not very often engaged, while another could be more active and in touch to their pupils. Consider chatrooms as Profit.ly’s version of the forum in its essence.
Who is the Ideal Trader for Profit.ly?
Profit.ly’s wide range of products and features are geared towards the wide range of stock traders, from novices to the most experienced. Given the wide range of options it can provide, the platform surely has something for every person.
Newbies, for instance, will appreciate Profit.ly’s knowledge-based information available on the platform. They will also be provided with videos every week and chat room advice by its internal gurus and their members. They’ll also be able pick from the merchandise available from its online store to carry with them wherever they may go. They can also gain hands-on experience trading on the platform, however they’ll be able to realize that this is a high-stakes game that should not be viewed as a joke.
For the traders with decades of experience in the line, we believe Profit.ly equally suitable for them as it is for those who are just starting. Although the novices might not be as adept at handling trading matters, the pros already understand how it works along with the plethora of risks that it carries. It is ideal to utilize Profit.ly’s array of features to their full advantage to enhance their trading skills. Like novices, they can study from the gurus as well as experts, and take advantage of simple tips and hints along the way.
Profit.ly’s “all-inclusive” nature does not only apply to beginners as well as semi-seasoned traders. Verified experts can also join in the fun! People in the trade industry who are at the same level as Superman or Tim Sykes can also use up Profit.ly’s abilities to show off their skills to others as a way to help assist them in the ever-changing trading process. Timothy Sykes Past Girlfriends
Profit.ly’s Pros and Cons
- Profit.ly’s diverse capabilities as a ‘one-stop’ stock trading platform enable it to provide traders everywhere with an abundance of knowledge, communication, and trading tools
- You get to receive excellent training and tips from the internal experts, which include video libraries that teach you how to learn and live trading activity.
- You can be sure of complete transparency through Profit.ly by using accurate data as well as other traders that are waiting to reach you when something goes wrong.
- The leaderboard feature of the platform offers you the opportunity to increase your credibility as a trustworthy 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 photographs
- Profit.ly’s variety of packages and subscription levels are priced at a reasonable cost There is truly something for all
- Profit.ly’s numerous packages and products offered may not be enough for a lot of its customers
- As traders may opt to make any type of trade, there’s an opportunity that some them may take advantage by cherry-picking the best trades to increase the rating this could be a concern that should not be ignored.
- Profit.ly will not allow refunds, as its premium users are expected to immediately take advantage of the numerous features the platform is able to offer
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The Final Concluding Question is: Is Profit.ly Valued?
If we were able to come up with an answer to this question, it’s an affirmative “yes”. However, you must realize that it shouldn’t be treated as a quick-fix scheme to make money. It wasn’t meant to be designed to achieve this goal. Instead, it is best to keep an open mind. Timothy Sykes Past Girlfriends
What we do mean by ‘yes’ is that it can be a great learning tool. People who are stuck might discover Profit.ly’s array of resources helpful in their efforts to avoid losses and perform better than they did before. It’s not just the poor traders that can benefit from this platform. It will be able to accommodate beginners as well as even experts!
If you really care about being more successful in trading and would like to learn from your peers and experts on the way, look no further – Profit.ly is a fantastic alternative to start.
FAQ Timothy Sykes Past Girlfriends
What are the best ways to use Profit.ly to post your trades?
Profit.ly has a trade entry portion in the “My Trade category on the dashboard which lets you record your trades that are verified or otherwise. There are three options:
- Linking your account with your brokerage of choice and importing transactions directly through there
- Manually inputting your trades with specified spaces and information.
- Send a screen shot of your trades
How can I tell whether the trade is authentic or not?
If you buy your trade through a reliable brokerage, there’s the probability that it’s verifiable. This is evident by the small blue check. If you post the information manually or via screenshots, it will automatically be classified as unverified.
The disadvantage of an unauthentic trade is the chance of receiving downvotes from fellow peers. If you receive too many negative votes, it could result in you appearing at the top of the Madoff leaderboard, where users can see who’s dishonest in posting trades.
Is the Profit.ly mobile application still available?
As of this writing, Profit.ly is still available for download on the App Store for Apple and the Google Play store. The mobile app version is compatible with most operating tablets and smartphones.
How many are using Profit.ly?
Profit.ly is currently home to over 150,000 traders and investors, since they’re not just looking to earn maximum profits but also assist each other to develop and grow in their ability to take advantage of stock market opportunities left and right.