The stock market can be an exciting game with high stakes. On some days, you could have the benefit of positive and satisfactory numbers. However, on other days, the opposite may happen and it could be very difficult to return to the point you were at your most productive. If you are immersed in the water You will need to realize that relying on instinct and survival might not be enough.
If you’ve been incurring loss from time to time and you’re likely to require reliable advice from tested and tried trading experts. Additionally, you’ll require a significant boost from your colleagues in the market from all over the globe, which is why we’ve identified an online platform that will help you in your growth in the industry. We’ll take a 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. Do check out our article below, however, because it has a comprehensive overview of Profit.ly.
Overall Rating: 4.1/5 Timothy Sykes Penny Stock Alerts
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 various levels to be informative, transparent, accountable, and uplifting with one another through its wide array 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 website which serves as a learning and education platform for those who are starting out and also as a platform for traders with experience to keep track of their performance with the help of cutting-edge analytics tools. Providing users with a wide array of options for trade and communication that help traders from every field of business connect with each other. It also allows gurus to make worthwhile investments within the confines of this platform. Imagine it as an online social media platform similar the likes of Facebook and Reddit however it is geared towards traders and experts.
Profit.ly independently checks the performance of trades and posts all the data from them in the style of leaderboards. The trading platform is built on honesty and transparency: it makes sure that trades are valid and won’t accept fake news as long as it is possible. It was established many years ago by penny stock trade expert and investment guru Timothy Sykes, along with the other expert Michael Mosseri.
One time , during an appearance in Forbes magazine, Sykes said that Profit.ly was motivated by its focus “on the transparency of every trade, something that has never been previously done.” This idea, he added, served two objectives: one) making public records for all traders, not just the gurus, but also the students and newsletter writers and secondly) allowing everyone on the platform to be enlightened by both the wins and losses to the benefit of the trading industry. Timothy Sykes Penny Stock Alerts
How Does It Work?
Profit.ly follows a subscription-based model that lets stock traders have access to a range of tools and services that are geared toward success. You may set up an account at no cost, however you’re only limited to having the ability to navigate through the leaderboard and follow the activities of people who aren’t gurus. If you’re ready to invest your money in order to find out which stocks the gurus are trading in real time, you will need to sign up to one of Profit.ly’s offerings, which we will review in the coming days.
The process of opening an account is easy: create an account that includes your personal information and knowledge, then connect to your brokerage account, and you have yourself an opportunity to make your way to the top of the leaderboard. Profit.ly’s leaderboard feature, as previously mentioned was designed to offer its users a look at the performance of the trading community as well as its experts. It’s not only a chance to prove your worth to a group of traders. You can also use Profit.ly to shop from a guru with the assurance that you’re comfortable in their skills and the legitimacy of their assertions.
If you are unsure about the idea of divulging your brokerage account, then you could decide to share your trades, whether verified or not, by taking pictures. Also included in Profit.ly are the vast number of trading courses and the capability to see statistics on a person’s profile, and more ways to communicate with your gurus in the chatroom, in addition to text and e-mail alerts and updates.
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Meet Tim Sykes, the founder: Tim Sykes
Timothy Sykes is a well-renowned day trader who is famously known for his involvement in penny stock trading. According to Investopedia Penny stock is a small business’s stock that trades for less than $5 per share. The penny stock market is a stepping stone for small companies to move to a market that is larger as it allows them to access funds from the public. But don’t be mistaken – it can also be a high-risk game, which Sykes can surely tell through his many years of experience.
From his beginnings in his late years in the high schools, Tim Sykes has, since then, made an estimated $6 million profits during his long and successful career as trader. At 25 years old Tim Sykes had received more exposure and a wider influence over time when he became part of the reality TV show “Wall Street Warriors.” He then made use of the show to establish trading rooms and penny stock themes and educational content geared toward those who are new to the trading field. He also helped to establish Profit.ly as a platform for openness, and for the community to lift each other up and compete 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. Gurus are referred to the experts in trading who have proven to make substantial amounts of money from their combined years of knowledge. Timothy Sykes Penny Stock Alerts
At its peak, Profit.ly had housed up to five gurus, each of them a professional within their particular field in the trading industry. Some of the most prominent experts included Connor Bruggermann, Nathan Michaud of Investors Underground, and Triforce among others. As of this writing, there are only two gurus who remain on this 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 what packaged deals each guru has to offer.
From Tim Sykes Tim Sykes: Tim’s Alerts
Sykes offers a basic stock trading service that focuses on penny-priced day trading with Tim’s Alerts. The cost is $74.95 monthly, you will observe him focus on fundamental catalysts for stocks and utilize them to forecast the next possible moves in trading.
A standalone purchase from Tim’s Alerts will get you access to the chatroom as well as the mobile app available to iOS as well as Android devices, as well as text, e-mail and push alerts; and a daily stock watchlist.
From Tim Sykes: The Pennystocking Silver Package
Pennystocking Silver is the most premium version that has been upgraded of the Tim’s Alerts package. At $149.95 for a month it is the perfect plan for those who are more committed to the penny-stock market. Pennystocking Silver offers all the essential features that were included in prior plans, including swing trading alerts as well as unlimited access to a library of over 7,000 educational videos, with new ones released each week.
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In “Superman” Paul Scolardi: Superman Alerts
Scolardi, who goes by the name “Superman,” is a swing trading professional with an eye for both 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 all-time trading profits. Timothy Sykes Penny Stock Alerts
The Superman Alerts plan is an offering of essential features and trading alerts geared to those interested. For $147 per month, you’ll gain an access to the day-to-day stock watchlist that is premarket and the mobile app, the daily market commentary in real time, and email and SMS alerts.
From “Superman” Paul Scolardi: Superman Pro
For the price of $247, you receive additional features, as well as access to an extensive base of knowledge provided by Superman himself through Superman Pro. Superman Pro package. Alongside the standard features included in the Alerts plan, Superman Pro gives you weekly video lessonsthat include the growing collection of other previous ones. Additionally you’ll also have access to premium research reports as well as an 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 industry, Profit.ly has the right amount of resources to help you started. Profit.ly offers three membership tiers that cater to traders with different levels. Let’s break down what these three levels are and what they’ll cost you.
Novice Plan
This package for novices is Profit.ly’s entry-level plan designed especially for people who are brand new to the trading community. Once you have signed to this plan, you will be immediately given a slew of robust and essential trading tools, all of which is essential to keep your hands on what we can describe as a cutthroat process in and of itself.
The list of features you can do with Profit.ly’s Novice package include the capability to check the results of your trades and track profit as well as leading, following and even chatting with other traders; and leaving feedback on today’s trades. It also allows you to be on leaderboards, analyze, sort, as well as filter trades and, lastly, view the statistics of other traders.
The Novice plan is $29.95 per month. Although it looks attractive for the price alone but there’s a disadvantage. You aren’t able to create a personal profile, thus making your activities publicly available. If you’re interested in have an account with this option, stay tuned as we introduce to you Profit.ly’s next plan.
The Trader Plan
The Trader plan allows you to use many of the features of the novice plan. This plan allows that you can set up a private profile for sharing with fellow associate users all your knowledge and intel in trader’s community.
The price is $49.95/month, Profit.ly’s Trader plan is exactly what it says: Cater people who want to harness their trading skills. While it’s nice, there is one significant element that’s missing. Unlike the previous Novice package, you will not be able view other traders’ stats that could be a disadvantage for those who are anticipating this level. Timothy Sykes Penny Stock Alerts
Pro Plan
The Professional plan can be described as the most expensive plan Profit.ly can offer to experienced traders. With $74.95 monthly, with 22% off for billing annually, this tier has it all. It gives you full, unlimited access to all the options of the previous plans.
Not only do you get to view other people’s stats and data, but you also have the opportunity to create 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 all the features you need to be trader with experience, the Pro level is ideal for you!
Profit.ly’s Other Services
In addition to the tools for training and Leaderboards Profit.ly provides a variety of more services it has to offer. One of those is its online store, which allows users to pick from a range of videos that are designed to educate and help you understand the nuances and pitfalls of trading. Each of the offerings listed on this page of the site can be bought immediately for your personal use. These include best-selling products like the “Trading Tickers” series by trader expert Tim Grittani, Timothy Sykes’s collection of DVDs, streaming-only content on penny stocking, short stocking, and all other things trading-related, clips and scenes of events like the Annual Pennystocking Conference, and other products by expert traders.
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Chat rooms integrated into Profit.ly are also part of Profit.ly’s range of services and features. You may be familiar with the concept of chat rooms since you will see it on messaging and social platforms, as well as some specialty websites that provide live chat assistance. But in Profit.ly it’s seen as a area where experts and members can interact and learn in real time. Every guru has their own way in running their chat rooms and dealing with the members there. One of them may be a laid-back person who is not very often active, while another may be more online and communicative in their interactions with students. Think of the chat rooms like Profit.ly’s version of a forum, in its essence.
Who is the ideal trader to Profit.ly?
Profit.ly’s wide range of products and features are geared towards the wide range of stock traders, ranging from beginners to experienced pros. With the variety of deals it offers it is certain to have something for everyone.
Newbies, for instance, will enjoy Profit.ly’s knowledge-based content offered throughout the platform. In addition, they will be enriched with weekly videos and chat room advice from the in-house experts and members. Additionally, they can pick from the merchandise available in its online store for them to take wherever they travel. They can also gain hands-on experiences from trading within the platform, however, they will soon learn that trading is a high stakes game that shouldn’t be taken as an amusing pastime.
For the traders with decades of experience in the line, we see Profit.ly equally suited to them as those who are just starting. Although the novices might not be as proficient in managing trading, the pros already understand the way it functions and the plethora of risks that come with it. It is ideal to utilize Profit.ly’s variety of features to their best advantage to improve their trading abilities. As beginners, they are able to learn from the top experts and experts , and use those quick tips and tidbits throughout the process.
Profit.ly’s “all-in” approach isn’t limited to novices and semi-experienced traders. Certified experts can also take part in the excitement! Trade professionals who are at the same level as Superman and Tim Sykes can also use the power of Profit.ly’s abilities to show off their skill to others as a way to navigate them through the ever-changing trading process. Timothy Sykes Penny Stock Alerts
Profit.ly’s Pros and Cons
The Pros
- Profit.ly’s diverse capabilities as a “one-stop” stock trading platform enable traders across the globe with a wealth of education communications, trading, and communication tools
- You will be provided with excellent lessons and tips from the in-house gurus, including collections of educational videos as well as trading in real-time.
- You’re assured of transparency throughout Profit.ly by using accurate data and fellow traders that are waiting to reach you out whenever something happens
- The leaderboard feature on the platform gives you a way to build your credibility as a trustworthy and verifiable trader
- In addition to its primary features, Profit.ly also gives its customers extra options that can be tailored to their needs, like posting unverifiable trades through screenshots
- Profit.ly’s diverse range of packages and subscription levels are priced at a reasonable cost – there truly is something for all
The Cons
- Profit.ly’s abundance of packages and products offered may be too much for a lot of its customers
- Since traders can choose to open any kind of trade, there is the possibility that some of them may take advantage by picking the most profitable trades to increase the rating this could be a problem that shouldn’t be overlooked.
- Profit.ly does not accept refunds as the premium customers are expected to immediately benefit from the number of services that the platform can provide
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The Final Verdict is: Is Profit.ly Worth It?
If we could think of the answer, it would be a ‘yes’. But it is important to realize that the platform should not be used as a quick-fix scheme to make money. The platform was not always intended to be created in this way. Instead, it is best to keep an open mind. Timothy Sykes Penny Stock Alerts
What we are referring to”yes” is that it could be a useful learning tool. Those who may be stuck may find Profit.ly’s variety of resources useful as they do their best to reduce losses and be more successful than before. It’s not only the struggling traders who will benefit from the platform. It can accommodate beginners and even experts in the field!
If you truly want to become better at trading and wish to learn from your mentors and peers on the way, look no further – Profit.ly is a fantastic alternative to start.
FAQ Timothy Sykes Penny Stock Alerts
How do you use Profit.ly to post your trades?
Profit.ly includes an entry section for trades in the ‘My Trade section of the dashboard which allows you to post your trades, verifiable or otherwise. There are three choices:
- Linking your account with your brokerage of choice and importing the trades from that directly
- Manually inputting your trades with the spaces provided and details
- Upload a screenshot of your transactions
How can I tell if the trade is verifiable or not?
If you import your trade from a reputable brokerage, there’s the probability that it’s verifiable. This is evident 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 unauthentic trade is the chance of receiving negative feedback from colleagues. Too many downvotes may result in you appearing on the Madoff leaderboard, where people are able to identify who is untruthful in submitting trades.
Does the Profit.ly mobile app still in use?
As of this writing, Profit.ly is still available to download from the Apple App Store and the Google Play store. The mobile app version is compatible with most functioning tablets and smartphones.
How many people are currently on Profit.ly?
Profit.ly currently houses over 150,000 traders and investors, as they not only are seeking to make the most profit but also help each other learn and improve in acquiring opportunities on the stock market all over the world.
