The stock market can be an exciting game with high stakes. On certain days, you might have the benefit of positive and satisfying numbers. On other days it could be the reverse, and it may sometimes be extremely difficult to return to where you were your most productive. If you are always in the mud You will need to realize that relying on instinct and survival might not be enough.
If you’ve been incurring occasional losses You’ll need reliable advice from tested and tried trading experts. You’re also gonna need a significant boost from your fellow traders from around the world, which is why we’ve found an option that can help you in your growth in the market. This review will take a 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. To get a comprehensive overview of Profit.ly, you may still want to check out our article below.
Total Rating: 4.1/5 Timothy Sykes Penny Stock Indicators
The User’s Experience 4.5/5
Profit.ly offers an internet-based trading service that allows traders of various levels to be informed responsible, transparent, and encouraging each other through its broad range of features and tools including trade verification, chat rooms, and an enriched library of educational material.
What exactly is Profit.ly?
Profit.ly is a trading website that serves both as a training and learning platform for those new to trading as well as a place for experienced traders to track their performance through the use of cutting-edge analytics tools. It provides users with a vast variety of tools for communication and trade that help traders from all walks of life connect with each other. It offers gurus with worthwhile investments within the confines of the platform. Think of it as a social media site akin to Facebook and Reddit but with a focus on traders and experts.
Profit.ly independently checks the performance of trades and then publishes the information of them in the manner of leaderboards. The platform’s trading model is based on honesty and transparency: it guarantees that the trades are authentic and won’t tolerate inauthenticity as much as it is possible. It was created in the past by penny stock trade expert and investment expert Timothy Sykes, along with his colleague Michael Mosseri.
One time during his interview with Forbes publication, Sykes said that Profit.ly was driven by its focus “on showing every trade, something that has never been previously done.” The concept was, he said, serving two purposes: 1) keeping track of public data for not just the gurus as well as newsletter authors and students and secondly) making it possible for everyone on the platform to learn from both losses and wins to benefit the industry of trading. Timothy Sykes Penny Stock Indicators
How Does It Work?
Profit.ly utilizes a subscription model that allows stock traders to have access to a range of services and features geared towards achieving achievement. You may set up an account for free, but you’re only limited to having the capability to browse the leaderboard and follow the activities of non-gurus. If you’re looking to invest your money in order to find out what stocks the experts are trading in real-time it is necessary to join one of Profit.ly’s deals that we’ll go over shortly.
Making an account simple: Create a profile with your experiences and knowledge, then connect to your brokerage account, and you’ll be given the chance to climb your way to high on the leaderboard. Profit.ly’s Leaderboard function, which was mentioned previously it is designed to provide its users a glimpse of how the community of traders performs and its gurus. It’s not only a chance to prove that you’re worthy to the group of traders, as you can also utilize Profit.ly to buy from a guru with the confidence that you are confident in their skills and the credibility of their assertions.
If you are unsure about the idea of divulging the details of your broker account you can choose to publish your trades, either verified or otherwise, through photographs. Also included in Profit.ly are the vast number of trading courses and the capability to see the stats of a trader’s account as well as other ways to connect with your gurus through the chatroom along with text and e-mail alerts and updates.
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Meet the Founder: Tim Sykes
Timothy Sykes is a well-renowned day trading personality who is famously known for delving his hands into trades in penny stocks. According to Investopedia the term “penny stock” refers to a small company’s stock which trades at less than $5 per share. The penny stock market could be viewed as a stepping stone for small companies to move into a larger market because it gives them access to money from the general public. However, don’t get it wrong – it’s also a high-risk game, which Sykes is sure to reveal through his many years of expertise.
From his beginnings in the latter years of high school, Tim Sykes has, since then, earned an estimated $6 million earnings during his long and successful career as trader. At 25 years old Sykes was given greater exposure and a larger influence over time when he became part of the reality TV show “Wall Street Warriors.” Then, he made use of the show to create trading rooms, penny stock themes, and educational content geared toward those who are new to trading. He also played a role in establishing Profit.ly as a place for transparency and for the community to lift each other up and compete with each other on the platform.
The Profit.ly Gurus
One of Profit.ly’s most appealing features is the variety of educational tools, trade alerts as well as other useful information provided by the company’s internal gurus. The gurus in question refer to the experts in trading who have earned significant amounts of profit from their collective years of expertise. Timothy Sykes Penny Stock Indicators
At its peak, Profit.ly had housed up to five gurus, all of them an expert within their particular field in the trading industry. Some of the most famous experts included Connor Bruggermann, Nathan Michaud of Investors Underground, and Triforce, among a few others. At the time of writing however, only two gurus remain on this platform: Founder as well as penny-stock trader Tim Sykes and veteran smallcap swing trader Paul Scolardi, also known as Superman. In light of that we’ll take a look at what packaged deals each guru has to offer.
From Tim Sykes Tim Sykes
Sykes offers a basic stock trading service with the main priority being penny stock day trading through Tim’s Alerts. The cost is $74.95 per month, you will observe him focus on fundamental catalysts for stocks and utilize them to predict the next moves that could occur when making trades.
A purchase on its own in Tim’s Alerts will get you access to the chatroom as well as the mobile application that is available for iOS as well as 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 that has been upgraded of the Tim’s Alerts program. It costs $149.95 per month, it is the perfect plan for those who are more involved in the penny-stock market. Pennystocking Silver comes with all the standard features of prior plans, such as alerts for swing trading and access to an extensive library of over 7,000 educational videos that are updated each week.
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In “Superman” Paul Scolardi: Superman Alerts
Scolardi, who goes by the alias “Superman,” is a trader who has an eye for both massive stocks of the small-cap size and insanely accurate marketing forecasts. In the time since the time he started trading, Superman has amassed over $5.5 million in total trading profits. Timothy Sykes Penny Stock Indicators
The Superman Alerts package is his package of vital features and trading alerts targeted toward those who may be interested. For $147 per month, you’ll gain access daily stock watchlist that is premarket along with the mobile app, daily market updates in real-time, as well as E-mail and SMS alerts.
From “Superman” Paul Scolardi: Superman Pro
For the price of $247, you receive additional features and access to a knowledgeable base provided by Superman himself through his Superman Pro package. Alongside the standard features included in the Alerts plan, Superman Pro gives you weekly video lessons, including a growing library of all other previous ones. In addition you’ll also have access to premium research reports and the IPO or earnings monitor.
Profit.ly plans and costs
If you’re looking to join the world of online trading and leave your mark on the market, Profit.ly has the right amount of tools to get you started. The platform offers three membership tiers that cater to traders at different levels. Let’s take a look at what these three levels are and what they’ll cost you.
The package called Novice is Profit.ly’s entry-level plan designed especially for people who are brand new to the trading community. Once you have signed up for this plan, you will be immediately given a slew of robust and vital trading tools, each of them integral in keeping your fingers on what we could call a ruthless process by itself.
The list of features you can do using Profit.ly’s Novice program is the ability to confirm trades and track profits 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 the results of your analysis, sort, and filter your trades and, lastly, view other’s stats.
The Novice plan will cost $29.95 per monthly payment. Although it looks attractive for the price alone however, there’s a drawback. You can’t create a private profile, thus making your personal information public. If you’re interested in have an account with this option, stay tuned as we introduce to you Profit.ly’s next strategy.
The Trader package lets users to benefit from many of the features of the Novice plan. It is in this plan that you can set up an account that is private for sharing with fellow associate users all the insights and information you have gained from trader’s community.
Costing $49.95/month, Profit.ly’s Trader plan will do what the name implies catering people who want to harness their expertise in trading. While it’s nice but there’s one important element that’s missing. As opposed to the prior Novice package, you won’t be able to see other traders’ statistics this might be a drawback for those looking forward to this tier. Timothy Sykes Penny Stock Indicators
This is by far the most luxurious package Profit.ly can offer to experienced traders. It costs $74.95 each month with an additional 22% discount when billed annually This plan offers everything. You will have full, unrestricted access to all 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 features, plus the other benefits that you can use to the maximum extent. If you’re in search of an option that gives you everything you need as trader with experience, the Pro level is ideal for you!
Profit.ly’s Other Services
Apart from the tools for training and Leaderboards Profit.ly has a few other services they provide. One of these is its online store, which lets users pick from a range of instructional videos that are created to provide guidance on the ins and outs of trading. The products listed in this section of the site 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 short stocking, penny stocking, and other things trading-related, clips and clips of The Annual Pennystocking Conference, and other products by expert traders.
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The integrated chat rooms are included in Profit.ly’s range of services and features. You may be familiar with the concept of the chat room as you can find it throughout social and messaging platforms, and also on a few specialty websites that offer live chat assistance. But on Profit.ly it’s seen as a hands-on space where experts and their member traders can communicate and exchange knowledge in real-time. Every guru has their own way when it comes to running their chat room and dealing with the members there. One might be laid back and rarely active, while another may be more active and in touch with their students. Think of the chat rooms like Profit.ly’s version of the forum in essence.
Who is the Ideal trader to Profit.ly?
Profit.ly’s diverse range of products and features are geared towards the wide range of stock traders, ranging from novices to experienced professionals. With the variety of deals it offers, the platform surely has something for every person.
For instance, newbies will enjoy Profit.ly’s collection of educational information available on the platform. They will also be enriched with weekly videos and chat room advice from its in-house gurus and their members. They’ll also be able to pick from the merchandise available from its online store to carry with them wherever they be. They can also gain hands-on experiences from trading within the platform, but ultimately, they will soon learn that trading is a high-stakes game that shouldn’t be taken as an opportunity to make fun of.
For those traders who have had years of exposure down the road, we consider Profit.ly equally suited to them as the newcomers. Although the novices might not be as proficient in managing trading but the experts already know the way it functions and the risky mix that it carries. Ideally, they may use Profit.ly’s range of options to their maximum advantage to improve their skills in trading. As beginners, they are able to learn from the top experts as well as experts, and take advantage of simple tips and hints along the way.
Profit.ly’s “all-inclusive” nature isn’t limited to novices as well as semi-seasoned traders. Verified experts can also join in the enjoyment! Those in the trading industry who are at similar levels to Superman as well as Tim Sykes can also use Profit.ly’s capabilities. Profit.ly’s abilities to show off their skills to others as a way to help navigate them through the ever-changing trading process. Timothy Sykes Penny Stock Indicators
Profit.ly’s Pros and Pros and
- Profit.ly’s numerous capabilities as a “one-stop’ stock trading platform enable traders across the globe with tons of learning tools, communication, and trading tools
- You get to be taught by experts and advice from the company’s inside experts, as well as collections of educational videos as well as real-time trading activities
- You can be sure of complete transparency through Profit.ly with accurate analytics and 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 reputation as a reliable and authentic trader
- Apart from its core abilities, Profit.ly also gives its users extra options to suit their individual preferences, for instance, posting unauthentic trades via images
- Profit.ly’s wide array of subscription levels and guru packages are priced at a reasonable cost There is truly something for everyone
- Profit.ly’s abundance of packages and products offered may be too much for a lot of its users
- If traders decide to open any kind of trade, there’s the possibility that some of them may take advantage by cherry-picking the best trades to increase the rating this could be a problem that shouldn’t be overlooked.
- Profit.ly will not allow refunds, as its premium users are expected to immediately take advantage of the numerous services the platform has to offer
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The Final Verdict The Final Verdict: Is Profit.ly Valued?
If we could come up with the answer, it’s a ‘yes’. However, you must realize that it shouldn’t be treated as a scheme to get rich quick. The platform was not always intended to be created for this reason. Instead, you should have curiosity. Timothy Sykes Penny Stock Indicators
What we mean by ‘yes’ is that it is a fantastic learning tool. For those who are struggling, they could discover Profit.ly’s range of resources to be helpful when they try their best to incur lesser losses and be more successful than they did before. Not only struggling traders who will benefit from the platform. It is able to accommodate novices and even experts in the field!
If you really care about being a better trader and want to be taught by your fellows and gurus on the way, take a look at Profit.ly. Profit.ly is a fantastic alternative to start.
FAQ Timothy Sykes Penny Stock Indicators
How can you make use of Profit.ly to make your trades public?
Profit.ly offers an entry section for trades in the ‘My Trade section of the dashboard which lets you record your trades that are verified or otherwise. You may choose between three options:
- Linking your account with your broker of choice and import trades directly from there
- Manually inputting your trades with the spaces provided and details
- Upload a screenshot of your transactions
How can I tell whether the trade can be verified or not?
If you buy your trade through a reliable brokerage, there is an excellent probability that it’s verifiable. This is indicated with the small blue check. If you upload it in a manual way or by taking screenshots, it will automatically be assigned as unverified.
The downside of having an unauthentic trade is the chance of receiving downvotes from colleagues. If you receive too many negative votes, it could cause you to show up at the top of the Madoff leaderboard, which is where the public can see who’s fraudulent in posting trades.
Is the Profit.ly mobile app still available?
As of this writing, Profit.ly is still available to download via the Apple App Store and in the Google Play store. The mobile version of the app works with all working smartphones and tablets.
How many are using Profit.ly?
Profit.ly currently houses more than 150,000 investors and traders, because they are not just seeking to make the most profit but also help each other grow and learn more about acquiring opportunities in the stock market left and right.