Stock trading is an exciting game with high stakes. On some days, you could have the benefit of positive and satisfying numbers. On other days, however you may experience the opposite, and it may sometimes be extremely difficult to return to where you were your peak. If you find yourself always in the mud it is important to recognize that relying on your instincts and preserving might not be enough.
If you’ve been incurring loss from time to time, you’re gonna be needing reliable advice from tested and tried trading experts. You’re also gonna need a significant boost from your fellow traders from around the globe, which is why we’ve discovered an option that can help you in your improvement in the industry. We’ll be taking the time to 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. Do check out our article below, however, because it has a comprehensive overview of Profit.ly.
Total Rating: 4.1/5 Timothy Sykes Penny Stock Guide
Users Experience 4.5/5
Profit.ly offers an internet-based trading service that permits traders of various levels to be knowledgeable responsible, transparent, and uplifting with each other by offering a wide variety of tools and features such as chat rooms, trade verification, and an enriched library of educational material.
What exactly is Profit.ly?
Profit.ly is a trading website that functions as a training and learning platform for people who are starting out as well as a place for experienced traders to track their performance with the help of sophisticated analytics tools. Providing users with a wide variety of tools for communication and trade, it helps traders from all walks of life network with each other. 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, but for traders and experts.
Profit.ly independently validates trade performance and publishes all data from them in the form of leaderboards. The platform for trading is built on transparency and honesty: it guarantees that the trades are valid and won’t accept fake news as long as is humanly possible. It was founded years ago by the penny expert in stock trading and investment guru Timothy Sykes, along with fellow expert Michael Mosseri.
In an appearance in Forbes magazine, Sykes declared that Profit.ly was based “on the transparency of all trades, something that was never prior to.” The idea Sykes said served two purposes: 1) keeping track of public data for everyone, not just the experts as well as students and newsletter writers as well as) giving anyone on the platform to learn from both losses and wins to the benefit of the trading industry. Timothy Sykes Penny Stock Guide
How Does It How Does It
Profit.ly utilizes a subscription model which allows stock traders to benefit from a variety of services and features geared toward achievement. It is possible to create an account on the site 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 looking to invest your money to see what stocks the experts are trading in real time, you will need to join one of Profit.ly’s offers, which we will review in the coming days.
The process of opening an account is simple: Create an account with your experience and expertise, connect to your brokerage account, and you’ll have a chance to shoot your way to high on the leaderboard. Profit.ly’s leaderboard feature, as we’ve mentioned earlier was designed to offer its users a look at their performance as a trading group and its experts. It’s not just a way to show that you’re worthy to the large group of traders. You can also use Profit.ly to purchase with a professional with the assurance that you’re confident with their expertise and the legitimacy of their assertions.
If you’re not comfortable with the idea of divulging the details of your broker account you can choose to publish your trades, verified or not, via screenshots. 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 interact with your experts via chatrooms as well as notifications via email or text as well as 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, a penny stock refers to a small-sized company’s stock which trades at less than $5 per share. The penny stock market could be viewed as an opportunity for small businesses to transition to a large marketplace as it allows them to access money from the general public. But don’t be mistaken – it’s also a high-risk game, which Sykes can surely tell because of his decades of experience.
From his beginnings at the end of his time in High School, Tim Sykes has, since then, earned an estimated $6 million profits throughout his illustrious career as trader. When he was 25 years old Tim Sykes had received more exposure and a wider influence over time when he became part of the reality series “Wall Street Warriors.” He then made use of the show to develop trading rooms, penny stock themes, as well as educational content targeted at those who are new to the trading field. He also helped establish Profit.ly as a platform for transparency and for the community to uplift and compete through the platform.
The Profit.ly Gurus
One of Profit.ly’s sweet inclusions is the vast array of educational tools, trade alerts and other useful stuff offered by the company’s internal gurus. The gurus in question refer to the trading experts who have made substantial amounts of money through their years of experience. Timothy Sykes Penny Stock Guide
At its peak, Profit.ly had housed up to five gurus, each of them a pro within their particular field in the field of trading. Some of the prominent experts were 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 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 packages each guru has to offer.
From Tim Sykes Tim Sykes
Sykes offers an essential stock trading service which focuses on penny stock day trading through Tim’s Alerts. Costing $74.95 monthly, you’ll be able to see him concentrate on the basic stock catalysts and employ them to predict the next moves that could occur when trading.
A single purchase from Tim’s Alerts will get you access to the chatroom as well as the mobile app that’s available on iOS and Android devices, as well as text, e-mail and push alerts; as well as a daily watchlist of stocks.
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. Priced at $149.95 monthly, it is the perfect plan for those who are more committed to investing in penny stocks. Pennystocking Silver includes all the basic features that were included in the previous plan, including swing trading alerts and unlimited access to a library of more than 7,000 instructional videos and new videos released every week.
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From “Superman” Paul Scolardi: Superman Alerts
Scolardi who goes under the name “Superman,” is a swing trading professional with an eye for both massive stocks of the small-cap size and insanely accurate marketing forecasts. Since when he first started trading, Superman has amassed over $5.5 million in all-time trading earnings. Timothy Sykes Penny Stock Guide
The Superman Alerts plan is his offering of essential features and trading alerts geared towards those who might be interested. For $147/month, you’ll get access daily premarket stock watchlist along with the mobile application, daily market updates in real-time, as well as email and SMS alerts.
The film “Superman” Paul Scolardi: Superman Pro
At $247/month, you get additional features, plus access to an extensive base of knowledge that is provided by Superman himself, via Superman Pro. Superman Pro package. In addition to the basic features featured in the Alerts package, Superman Pro gives you daily video lessons, which include the growing collection of the previous ones. On top of that, you’ll also get an access to high-quality research papers and an IPO and earnings tracker.
Profit.ly Programs and Costs
If you’re ready to join the world of online trading and leave a mark in the industry, Profit.ly has the right amount of resources to help 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.
The package called Novice is Profit.ly’s beginning-of-the-line plan specifically for those who are new to the world of trading. When you sign up for this plan, you will be immediately given a slew of robust and essential trading tools, all of them integral in keeping your fingers on what call a competitive procedure in its own.
Among the list of things you can accomplish with Profit.ly’s Novice package is the ability to confirm the results of your trades and track profit; leading, following and even chatting with your fellow traders; and leaving feedback on today’s trades. You’re also allowed to get onto leaderboards; study, sort, or filter the trades you make; and, lastly, view the statistics of other traders.
The Novice plan will cost $29.95 per monthly payment. Although it looks attractive just by the price, there is a downside. You aren’t able to create a personal profile, thus making your personal information public. If you’re looking to have access to this feature, you should be watching for us to introduce to you Profit.ly’s next plan.
The Trader Plan
The Trader package lets you to use a majority of features from The Novice package. This plan allows that you are able to create an account that is private for sharing with fellow associates all your insights and information you have gained from the trading community.
Costing $49.95/month, Profit.ly’s Trader plan is exactly what it says caters to those who desire to harness their trading skills. Although it’s a nice thing but there’s one important element that’s missing. As opposed to the prior Novice package, you will not be able to see other traders’ statistics that could be a disadvantage for some who may be anticipating this level. Timothy Sykes Penny Stock Guide
This is by far the highest luxurious package Profit.ly could offer for seasoned traders. With $74.95 each month which includes an additional 22% discount for billing annually This plan offers everything. You get full, no-holds-barred access to all the features of the previous plans combined.
Not only do you get to view other people’s stats and data, but you also have the opportunity to create a private profile. Both of these options, plus the other advantages you’ll be able to use to the maximum extent. If you’re in search of a plan that can serve you everything you need as an experienced trader, the Pro tier could be ideal for you!
Profit.ly’s Other Services
Apart from the training tools and the leaderboards, Profit.ly provides a variety of additional services that it can provide. One of these is its online store, which allows users to pick from a range of videos created to guide you through the ins and outs of trading. Each of the offerings listed in this section of the site can be bought immediately for your personal use. Among these products include best-sellers such as”Trading Tickers, “Trading Tickers” series by trading professional Tim Grittani, Timothy Sykes’s library of DVDs and streaming-only content about penny stocking, short stocking, and all other aspects of trading. There are also clips and scenes taken from 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 variety of services and features. You are probably familiar with the chat room as you can find it throughout social and messaging platforms, as well as some specialty websites that offer live chat support. But in Profit.ly the chat room is viewed as a space where experts and their members can interact and share knowledge in real-time. Every guru has their own style when it comes to running their chat room and in dealing with the members. One might be more laid back and less active, while another may be more online and communicative with their students. Think of chat rooms like Profit.ly’s version of the forum in essence.
Who is the Ideal trader to Profit.ly?
Profit.ly’s wide range of products and features cater to a large variety of stock traders, from novices to the most experienced. Given the wide range of options it can provide, the platform surely has something for everyone.
Newbies, for instance, will enjoy Profit.ly’s library of learning information available on the platform. In addition, they will get daily videos and chat room advice by its internal gurus as well as their members. They’ll also be able select from the products in its online store for them to take wherever they may travel. You can also get hands-on experiences by trading through the platform, but ultimately they’ll realize that this is a high-stakes game that shouldn’t be treated as an opportunity to make fun of.
For traders who have many years of experience down the line, we believe Profit.ly as equally as suitable for them as it is for people who are just beginning. Although the novices might not be as well-equipped with dealing with trading issues, the pros already understand how it works and the risky mix associated with it. Ideally, they may make use of Profit.ly’s range of features to their full advantage to develop their trading abilities. Like novices, they can study from the gurus and experts and utilize those short tips and tricks throughout the process.
Profit.ly’s ‘all-together’ nature does not only apply to beginners or semi-experienced trader. Experts who have been verified can also participate in the excitement! People in the trade industry who are on similar levels to Superman as well as Tim Sykes can also use Profit.ly’s capabilities. 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 Guide
Profit.ly’s Pros and Pros and
- Profit.ly’s numerous capabilities as a ‘one-stop’ stock trading platform enable traders from all over the world with a wealth of education communications, trading, and communication tools
- You get to be taught by experts and insights from its in-house gurus, including collections of educational videos as well as real-time trading activities
- You can be sure of complete transparency through Profit.ly by using accurate data as well as fellow traders ready to call 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
- Apart from its core capabilities, Profit.ly also gives its customers additional options to meet their preferences, such as posting trades that are not authentic by taking photographs
- Profit.ly’s diverse range of subscription levels and guru packages are priced at affordable rates There’s something for every person
- Profit.ly’s bountiful stream of products and packages offered might seem overwhelming for a lot of its customers
- As traders may opt to open any kind of trade, there is the possibility that some of them will profit by picking the most profitable trades to improve their ratings – this may be a concern that should not be overlooked.
- Profit.ly will not allow refunds as the premium customers are expected to immediately benefit from the many services the platform has to offer
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The Final Concluding Question is: Is Profit.ly worth it?
If we could come up with the answer, it’s an affirmative “yes”. But it is important to 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 for this reason. Instead, you should have the ability to think with an open heart. Timothy Sykes Penny Stock Guide
What we do mean”yes” is it can be a great learning tool. People who are stuck could discover Profit.ly’s array of resources to be helpful as they do their best to reduce losses and be more successful than before. Not only struggling traders who will benefit from the platform. It can accommodate beginners and even experts!
So, if you genuinely care about being a better trader and want to learn from your fellows and gurus along the way, then take a look at Profit.ly. Profit.ly may be a great option to begin.
FAQ Timothy Sykes Penny Stock Guide
How can you make use of Profit.ly to make your trades public?
Profit.ly offers the option of allowing trade entries in the My Trade section of the dashboard which lets you record your trades, verifiable or otherwise. You may choose between three options:
- Connecting your account to your broker of choice and import trades directly from there
- Manually entering your trades using provided spaces and specifics
- Upload a screenshot of your trades
How can I tell whether the trade can be verified or not?
If you buy your trade from a reputable brokerage, there is a high likelihood that it can be verified. This is shown by the small blue check. If you upload it in a manual way or by taking pictures, it will be classified as unverified.
The downside of having an unauthenticated trade is the possibility of receiving downvotes from friends and colleagues. If you receive too many negative votes, it could cause you to show up on the Madoff leaderboard, where users are able to identify who is fraudulent in posting trades.
Is the Profit.ly mobile application still available?
As of the moment, Profit.ly is still available to download from the App Store for Apple and the Google Play store. The mobile app version works with all functioning tablets and smartphones.
How many people are connected to Profit.ly?
Profit.ly currently houses more than 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 both right and left.