The stock market can be an exciting game with high stakes. On some days, you might have the benefit of positive and satisfactory numbers. On other days you may experience the opposite, and it may sometimes be very difficult to get back to where you were your most productive. If you’re constantly stuck in the gutter You will need be aware that relying solely on pure instinct and preservation may not always be enough.
If you’ve suffered loss from time to time You’ll need sound advice from tried-and-tested trading experts. You’re also gonna need a significant boost from your fellow traders from around the world, which is why we’ve discovered an option that can help you to improve your performance within the field. This review will take a look at Profit.ly is a well-known single-stop social platform to trade!
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 Watch List
The User’s Experience 4.5/5
Profit.ly can be described as an online platform for trading that enables traders of different levels to be informed and accountable, as well as transparent and to build relationships with one another through its wide array of tools and features such as chat rooms, trade verification, and an enriched library of educational material.
What is Profit.ly?
Profit.ly is a site for trading that serves both as a learning and training platform for people who are starting out and as a hub for traders who are experienced to monitor their performance using the aid of cutting-edge analytics tools. It provides users with a vast array of options for trade and communication and letting traders from all walks of life network with each other. It gives the gurus worthwhile investments within the confines that the site. Think of it as the social media equivalent the likes of Facebook and Reddit, but for experts and traders.
Profit.ly independently checks the performance of trades and publishes all data from them in the style of leaderboards. The platform for trading 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 established many years ago by penny stock trade expert and investment guru Timothy Sykes, along with the other expert Michael Mosseri.
In an interview for Forbes magazine, Sykes declared that Profit.ly was based “on showing all trades, something that was never previously done.” This idea, he added, served two objectives: one) keeping track of public data for everyone, not just the experts and students and newsletter writers and secondly) allowing anyone on the platform to gain insight into both losses and wins for the trading industry’s benefit. Timothy Sykes Penny Stock Watch List
How Does It Perform?
Profit.ly is a subscription-based platform that allows stock traders to have access to a range of tools and services that are geared towards achieving achievement. It is possible to create an account on the site for free, but you’re limited to access to the leaderboards and monitor the activities of non-gurus. If you’re interested in investing your money in order to find out what stocks the experts are trading in real time You’ll need to subscribe to any of Profit.ly’s deals that we’ll discuss in the near future.
The process of opening an account is easy: create an account with your experience and knowledge, then connect your brokerage account, and you’ll have a chance to shoot through the top of the leaderboard. Profit.ly’s Leaderboard function, which was we’ve mentioned earlier it is designed to provide its users a glimpse of their performance as a trading group and its gurus. It’s not only a chance to demonstrate your worth to a community of traders. You can also use Profit.ly to shop from a guru with the assurance that you’re confident in their skills and the legitimacy of their claims.
If you feel uneasy with the idea of sharing the details of your broker account you may opt to post your trades, either verified or otherwise, through screenshots. Included in Profit.ly are the vast number of courses in trading, the ability to view stats in a trader’s profile, and more ways to connect with your gurus via chatrooms in addition to 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 trading personality who has been 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 just less than 5 cents per share. The trading of penny stocks can be seen as an opportunity for small businesses to transition to a large marketplace as they can access money from the public. But don’t make the mistake of thinking that it can also be an extremely risky game, as Sykes is sure to reveal thanks to his years of experience.
Beginning in the latter years of High School, Tim Sykes has, since then, earned an estimated $6 million profit throughout his illustrious career as a trader. When he was 25 years old Tim Sykes had received greater exposure and a larger reach of influence when he was a part of the reality series “Wall Street Warriors.” He then used the opportunity to create trading rooms as well as penny stock themes and educational content geared toward those who are just beginning to learn about trading. He also helped establish Profit.ly as a place of openness, and to allow the community to rise and compete against each other on the platform.
The Profit.ly Gurus
One of Profit.ly’s amazing features is the vast array of education tools, trade alerts and other useful stuff offered by the platform’s in-house gurus. Gurus are referred to the experts in trading who have earned substantial profits through their years of experience. Timothy Sykes Penny Stock Watch List
At its peak, Profit.ly had housed up to five gurus. Each of them an expert in their field of expertise in the trading industry. Some of the prominent experts included Connor Bruggermann, Nathan Michaud of Investors Underground, and Triforce as well as a handful of others. At the time of writing however, only two gurus remain on the platform: the founder as well as penny-stock trader Tim Sykes and veteran smallcap swing trader Paul Scolardi, also known as Superman. When we take that into account we’ll take a look at the packages each guru can offer.
From Tim Sykes: Tim’s Alerts
Sykes provides basic stock trading services with the main priority being penny-priced day trading with Tim’s Alerts. The cost is $74.95 for a month you’ll be able to see him concentrate on the fundamental catalysts for stocks and utilize them to predict the next move that is possible when making trades.
A standalone purchase in Tim’s Alerts will get you access to the chatroom as well as the mobile app that’s available on iOS as well as Android devices; 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, with an upgraded version of Tim’s Alerts program. At $149.95 monthly, it is the perfect plan for investors who are invested in penny stock trading. Pennystocking Silver includes all the basic features found in the previous plan, which includes swing trading alerts as well as unlimited access to a library of more than 7,000 instructional videos that are updated each week.
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From “Superman” Paul Scolardi: Superman Alerts
Scolardi who is known under the alias “Superman,” is a swing trading professional with an eye for massive stocks of the small-cap size and insanely accurate marketing forecasts. Through the years since he began as a trader, Superman has amassed over $5.5 million in all-time trading profits. Timothy Sykes Penny Stock Watch List
The Superman Alerts plan is an offering of essential features and trading alerts targeted towards those who might be interested. For $147 per month, you’ll gain an access to the day-to-day premarket stock watchlist along with the mobile app, the daily market commentary shown 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 and access to the extensive knowledge base provided by Superman himself, via the Superman Pro package. Alongside the standard features featured in the Alerts plan, Superman Pro gives you daily video lessons, which include the growing collection of the previous ones. Additionally you’ll also have 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 online trading community and leave your mark on the field, Profit.ly has the right amount of tools to get you up and running. The platform offers three membership levels, each designed for traders of different levels. Let’s break down what these three tiers are and how much they’ll cost you.
The Novice package is Profit.ly’s entry-level plan designed especially for those who are new to the trading community. As you sign up for this package you’ll be given a slew of robust and indispensable trading tools, each of them integral in keeping your hands on what we can describe as a cutthroat process in and of itself.
Some of the features you can accomplish using Profit.ly’s Novice program is the ability to verify the results of your trades and track profit and follow-up, leading and even texting your fellow traders; and giving feedback on the trades of today. You can also get on leaderboards, analyze your trades, sort as well as filter trades and, lastly, view the statistics of other traders.
The Novice plan costs $29.95 per month. Although it looks attractive for the price alone but there’s a disadvantage. It isn’t possible to create a private profile, thus making your personal information public. If you’re interested in get access to this feature, keep an eye on us as we present to you Profit.ly’s next strategy.
The Trader package lets you to take advantage of a majority of features from the Novice plan. It is in this plan that you are able to create an account that is private to share with other associate users all the insights and information you have gained from trader’s community.
The price is $49.95/month, Profit.ly’s Trader plan does what the name suggests caters for those looking to improve their trading skills. Although it’s a nice thing however, there’s a crucial feature that is missing. In contrast to the Novice package, you will not be able to view other traders’ stats, which could be a disadvantage for those who are looking forward to this tier. Timothy Sykes Penny Stock Watch List
This is by far the most expensive plan Profit.ly offers to experienced traders. With $74.95 each month which includes 22% off when billed annually, this tier has everything. You will have full, unrestricted access to all the features from the two prior plans.
You’re not only able to see other users’ stats as well, you’re also offered the opportunity to create an individual profile. Both of these options, in addition to the benefits that you can use to the fullest potential. If you’re looking for an option that gives you with everything you require as a skilled trader, maybe the Pro plan is the right choice for you!
Profit.ly’s Other Services
Apart from the tools for training and leaderboards, Profit.ly provides a variety of additional services that it can offer. One of these is its online store, where customers can choose from a wide array of video products designed to inform and guide you through the nuances and pitfalls of trading. The products listed on this page of the website can be purchased immediately for personal use. Some of these include bestsellers like”Trading Tickers,” the “Trading Tickers” series from trading specialist Tim Grittani, Timothy Sykes’s collection of DVDs and streaming-only content related to penny stocking, short stocking, as well as all related to trading, videos and footage taken from events like the Annual Pennystocking Conference, and other products by expert traders.
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The chat rooms that are integrated are also part of Profit.ly’s variety of services and features. You’re probably familiar with the concept of chat rooms since you can find it throughout messaging and social platforms, and also on a few specialty websites that provide live chat support. But on Profit.ly, it is seen as a space where experts and their members trade and share knowledge 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 more laid back and rarely engaged, while another could be more interactive and online to their pupils. Think of the chat rooms as Profit.ly’s version of a forum, in the essence.
Who is the Ideal Trader for Profit.ly?
Profit.ly’s variety of offerings and features caters to an array of stock traders, ranging from novices to the most experienced. Given the wide range of options it can provide it is certain to have something for all.
Newbies, for instance, will appreciate Profit.ly’s collection of educational information available on the platform. They will also get daily videos and chat room tips 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 travel. Additionally, they can gain practical experiences by trading through the platform, but eventually, they will soon learn that the process is a high-stakes game that should not be viewed as a joke.
For the traders with many years of experience down the road, we consider Profit.ly equally suited for them as it is for the newcomers. Although the novices might not be as adept at managing trading but the experts already know how it works along with the risky mix that it carries. In the ideal scenario, they can make use of Profit.ly’s variety of features to their full advantage to enhance their skills in trading. As beginners, they are able to learn from the experts and experts , and use those quick tips and tidbits along the way.
Profit.ly’s ‘all-together’ nature isn’t limited to novices and semi-experienced traders. Verified experts can also join in the enjoyment! Those in the trading industry who are on an equal level with Superman as well as Tim Sykes can also use up Profit.ly’s capabilities to display their skills to others as a way to navigate them through the ever-changing trading process. Timothy Sykes Penny Stock Watch List
Profit.ly’s Pros and Pros and
- Profit.ly’s diverse capabilities as a ‘one-stop’ stock trading platform enable it to provide traders everywhere with tons of learning communications, trading, and communication tools
- You get to receive excellent training and insights from its inside experts, as well as collections of educational videos as well as real-time trading activities
- You’re guaranteed transparency throughout Profit.ly with accurate analytics and fellow traders ready to call you out if something occurs.
- The leaderboard feature on the platform gives you the chance to establish your reputation as a reliable and authentic trader
- Apart from its core capabilities, Profit.ly also gives its customers extra options that can be tailored to their needs, like posting unverifiable trades through photographs
- Profit.ly’s diverse range of subscription plans and guru packages are priced at a reasonable cost There’s something for all
- Profit.ly’s numerous packages and products offered may seem overwhelming for a lot of its customers
- As traders may opt to open any kind of trade, there’s a possibility that some of them could profit from picking the most profitable trades to boost their rating This could be a risk that shouldn’t be simply overlooked
- Profit.ly does not accept 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 Concluding Question is: Is Profit.ly Worth It?
If we could think of the answer, it’s an affirmative “yes”. But it is important to realize that it shouldn’t be treated as a quick-fix scheme to make money. It wasn’t meant to be designed in this way. Instead, you need to have curiosity. Timothy Sykes Penny Stock Watch List
What we are referring to by ‘yes’ is that it can be a great learning tool. For those who are struggling, they may find Profit.ly’s range of resources useful as they do their best to incur lesser losses and be more successful than before. It’s not just the struggling traders that will benefit from the platform. It is able to accommodate novices and even experts!
If you truly want to become a better trader and want to learn from your fellows and gurus throughout the process, then take a look at Profit.ly. Profit.ly could be a good choice to start.
FAQ Timothy Sykes Penny Stock Watch List
What are the best ways to use Profit.ly to make your trades public?
Profit.ly has a trade entry portion within the ‘My Trade section of the dashboard. It allows you to post your trades that are 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 using specified spaces and information.
- Send a screen shot of your transactions
What can I do to determine whether the trade is authentic or not?
If you import your trade from a reputable brokerage, there is the probability that it’s verifiable. This is evident by the blue check mark. If you post the information manually or via screenshots, it will automatically be classified as unverified.
The drawback of posting an unauthentic trade is the risk of receiving negative feedback from colleagues. If you receive too many negative votes, it could cause you to show up on the Madoff leaderboard, where people are able to identify who is dishonest in posting trades.
Are the Profit.ly mobile app still available?
As of this writing, Profit.ly is still available to download from the Apple App Store and the Google Play store. The mobile version of the app is compatible with the majority of operating tablets and smartphones.
How many people are currently using Profit.ly?
Profit.ly currently houses over 150,000 investors and traders, since they’re not just trying to maximize profits but also to help one another develop and grow in their ability to take advantage of stock market opportunities left and right.