Stock trading is a high-stakes game. On some days, you might enjoy the benefits of positive and satisfactory numbers. On other days it could be the reverse and it can be very difficult to get back to where you were your best. If you find yourself constantly stuck in the gutter, you will have be aware that relying solely on your instincts and preserving may not always be enough.
If you’ve been incurring loss from time to time and you’re likely to require sound advice from tried-and-tested trading experts. Also, you’ll need an enormous boost from your trading partners from all over the globe, which is why we’ve discovered an option that can help you in your growth in the industry. We’ll take an in-depth look at Profit.ly, a well-recognized 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 Stocking Part Deux Pdf
Value: 4.1/5
Quality: 4.1/5
Costs: 4.1/5
Users Experience 4.5/5
Summary
Profit.ly offers an internet-based trading service that enables traders of all levels to be informed responsible, transparent, and encouraging each other by offering a wide array of tools and features like trade verification, chat rooms and a rich library of educational material.
What is Profit.ly?
Profit.ly is a site for trading that functions as a learning and training platform for those new to trading and as a hub for experienced traders to track their performance through the use of advanced analytics tools. Offering users a broad variety of tools to facilitate trade and communication and letting traders from all walks of life connect with one another. It offers gurus with worthwhile investments within the confines of this platform. Imagine it as a social media site akin to Facebook and Reddit but with a focus on experts and traders.
Profit.ly independently validates trade performance and publishes all data of them in the manner of leaderboards. The platform for trading is built on honesty and transparency: it guarantees that the trades are valid and won’t allow for fraud as much as is humanly possible. It was founded years ago by the penny expert in stock trading and investment expert Timothy Sykes, along with the other expert Michael Mosseri.
One time during his appearance in Forbes magazine, Sykes said that Profit.ly was based “on the transparency of all trades, something that has never been previously done.” The concept Sykes said served two goals: 1.) creating public track records for not just the gurus, but also the newsletter authors and students and secondly) making it possible for everyone on the platform to gain insight into both losses and wins for the trading industry’s benefit. Timothy Sykes Penny Stocking Part Deux Pdf
How Does It Perform?
Profit.ly is a subscription-based platform which allows stock traders to have access to a range of services and features geared towards achieving the success of their business. You can create an account there for free, but you’re only given the capability to browse the leaderboard and observe the activities of non-gurus. If you’re ready to invest your money in order to find out what stocks the experts are trading in real-time You’ll need to join one of Profit.ly’s deals that we’ll review in the coming days.
The process of opening an account is simple: Create a profile with your experiences and expertise, connect to your brokerage account and you have yourself a chance to shoot your way to the top of the leaderboard. Profit.ly’s leaderboard feature, as mentioned previously, is designed to give its users a glimpse of their performance as a trading group and its gurus. You’re not just allowed to demonstrate value to a group of traders. You can also use Profit.ly to shop with a guru, and have the assurance that you’re comfortable of their knowledge and the veracity of their claims.
If you are unsure about the idea of divulging your brokerage account, then you could choose to publish your trades, whether verified or not, via photographs. In Profit.ly is the huge selection of trading courses, the ability to view stats in a trader’s profile as well as other ways to interact with your experts 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 guru who is well-known for his involvement in the penny-stock market. According to Investopedia Penny stock refers to a small company’s stock that trades for under $5 for each share. Penny stock trading can be seen as a stepping stone for small-scale businesses to make the transition into a larger market because it allows them to access capital from the public. However, don’t get it wrong – it can also be a high-risk game, which Sykes will be able to tell you thanks to his years of experience.
From his beginnings in the latter years of high school, Tim Sykes has, since then, made an estimated $6 million profits through his lengthy career as trader. At the age of 25 Tim Sykes had received more exposure and a wider reach of influence when he was a part of the reality TV show “Wall Street Warriors.” He then made use of the show to establish trading rooms and penny stock themes as well as educational content targeted at people who are brand new to the trading field. 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 amazing features is the vast array of learning sources, trade alerts and other useful stuff offered by the platform’s in-house gurus. These gurus refer to the experts in trading who have proven to make substantial profits from their combined years of expertise. Timothy Sykes Penny Stocking Part Deux Pdf
At its height, Profit.ly had housed up to five gurus. Each of them an expert within their particular field within the world of trading. Some of the most prominent experts were Connor Bruggermann, Nathan Michaud of Investors Underground, and Triforce among others. At the time of writing however, only two gurus 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 Let’s look at what packaged deals each guru has to 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. At $74.95 monthly, you’ll be able to observe him focus on fundamental stock catalysts and use them to forecast the next possible moves in trading.
A purchase on its own from Tim’s Alerts will get you access to the chatroom and the mobile app available to iOS and Android devices; email, text and push alerts; as well as a daily watchlist of stocks.
from Tim Sykes: The Pennystocking Silver Package
Pennystocking Silver is the most premium, upgraded version of the Tim’s Alerts program. Priced at $149.95 for a month this is a great option for those who are invested in the penny-stock market. Pennystocking Silver includes all the basic features that were included in the previous plan, such as swing trading alerts as well as unlimited access to an extensive library of over 7,000 educational videos, with new ones released weekly.
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The following video is from “Superman” Paul Scolardi: Superman Alerts
Scolardi who goes under the alias “Superman,” is a trader who has an eye for massive stocks of the small-cap size and insanely accurate marketing forecasts. Through the years since the time he started trading, Superman has amassed over $5.5 million in total trading profits. Timothy Sykes Penny Stocking Part Deux Pdf
The Superman Alerts package is his offer of the most essential features and trading alerts targeted towards those who might be interested. For $147 per month, you’ll gain access daily stock watchlist that is premarket as well as the mobile app, the daily market updates in real-time, as well as E-mail and SMS alerts.
From “Superman” Paul Scolardi: Superman Pro
At $247/month, you get additional features and access to an extensive base of knowledge provided by Superman himself, via his Superman Pro package. In addition to the basic features featured in the Alerts package, Superman Pro gives you daily video lessons, which include an ever-growing library of other previous ones. In addition, you’ll also get the ability to access premium reports on research and the IPO and earnings tracker.
Profit.ly Plans and Costs
If you’re ready to join the online trading community and make a mark on the field, Profit.ly has the right amount of resources to help you going. The platform has three membership levels, each designed for traders with different levels. Let’s break down what these three are and how much they’ll cost you.
Novice Plan
The Novice package is Profit.ly’s entry-level plan designed especially for people who are brand new to the world of trading. When you sign up for this plan you’ll be provided with a variety of powerful and essential trading tools, each of which is essential to keep your hands on what we could call a ruthless process by itself.
The list of features you can do with Profit.ly’s Novice package is the ability to confirm the results of your trades and track profit and follow-up, leading, and even messaging other traders; and leaving feedback on today’s trades. You can also get on leaderboards, analyze your trades, sort or filter the trades you make and, finally, see the statistics of other traders.
The Novice plan is $29.95 per monthly payment. While it may look attractive just by the price but there’s a disadvantage. It isn’t possible to create a private profile, which makes your activities publicly available. If you’re looking to gain the benefit of this service, keep an eye on us as we present to you Profit.ly’s next plan.
The Trader Plan
The Trader plan allows users to benefit from many of the features of the novice plan. This plan allows that you can create an account that is private to share with fellow associates all your insights and intel in trader’s community.
The price is $49.95/month, Profit.ly’s Trader plan is exactly what it says catering to those who desire to harness their expertise in trading. While it’s nice, there is one significant element that’s missing. As opposed to the prior Novice package, you will not be able view the statistics of other traders that could be a disadvantage for some who may be looking forward to this tier. Timothy Sykes Penny Stocking Part Deux Pdf
Pro Plan
The Pro plan is the highest expensive plan Profit.ly offers to experienced traders. With $74.95 monthly, which includes an additional 22% discount when billed annually, this tier has everything. You will have full, unrestricted access to all features of the previous plans.
Not only do you get to see other users’ stats, but you’re also given the chance to create your own private profile. Both of these options, on top of all the benefits that you can use to the maximum extent. If you’re looking for a plan that can serve all the features you need to be an experienced trader, the Pro tier could be for you!
Profit.ly’s Other Services
In addition to the tools for training and leadersboards Profit.ly has a few more services it has to offer. One of these is its online store, where customers can choose from a wide array of instructional videos that are that are designed to educate and provide guidance on the ins and outs of trading. Each of the offerings listed in this section of the website can be purchased immediately for personal use. Among these products include best-sellers such as”Trading Tickers, “Trading Tickers” series by trading professional Tim Grittani, Timothy Sykes’s collection of DVDs and streaming-only content related to penny stocking, short stocking, and other related to trading, videos and scenes 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 variety of services and features. You are probably familiar with the chat room as you will see it on social and messaging platforms, in addition to a few special websites that provide live chat assistance. But in Profit.ly, it is seen as a hands-on place where gurus and their members can interact and exchange knowledge in real-time. Every guru has their own style in operating their chat room and in dealing with the members. Some may be more laid back and not very often active, while another may be more interactive and online in their interactions with students. Think of the chat rooms as Profit.ly’s version of a forum, in essence.
Who is the Ideal Trader for Profit.ly?
Profit.ly’s diverse range of products and features are geared towards a large variety of stock traders, from novices to the most experienced. With the variety of deals it has to offer this platform definitely has something for every person.
Newbies, for instance, will enjoy Profit.ly’s library of learning content offered throughout the platform. They will also be enriched with weekly videos and chat room tips from the in-house experts and members. They’ll also be able to select from the products in its online store for them to take wherever they may travel. They can also gain hands-on experiences by trading through the platform, but ultimately they’ll realize that trading is a high stakes game that shouldn’t be treated as an amusing pastime.
For traders who have decades of experience in the line, we see Profit.ly as equally as suitable to those who are just starting. Although the novices might not be as well-equipped with dealing with trading issues however, experienced traders know how it works along with the stack full of risks that it carries. It is ideal to make use of Profit.ly’s array of options to their maximum advantage to improve their trading skills. Like novices, they can learn from the experts and experts and utilize those simple tips and hints to help them along.
Profit.ly’s “all-in” approach isn’t limited to novices and semi-experienced traders. Certified experts can also take part in the excitement! 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 expertise to other traders as a way to help navigate them through the ever-changing trading process. Timothy Sykes Penny Stocking Part Deux Pdf
Profit.ly’s Pros and Pros and
The Pros
- Profit.ly’s diverse capabilities as a ‘one-stop’ stock trading platform enable traders across the globe with an abundance of knowledge tools, communication, and trading tools
- You get to be taught by experts and advice from the company’s in-house gurus, including libraries of educational videos and live trading activity.
- You’re assured of transparency throughout Profit.ly by using accurate data as well as fellow traders ready to call you out if something occurs.
- The platform’s leaderboard feature gives you a way to build your reputation as a reliable and dependable trader
- Apart from its core capabilities, Profit.ly also gives its customers additional options to meet their needs, like posting unverifiable trades through images
- Profit.ly’s wide array of subscription plans and guru packages are priced at affordable rates There is truly something for every person
The Cons
- Profit.ly’s abundance of products and packages offered might seem overwhelming for a lot of its customers
- Since traders can choose to post any kind of trade, there’s the possibility that some of them could profit from cherry-picking the best trades to improve their ratings This could be a risk that shouldn’t be ignored.
- Profit.ly will not allow refunds as its premium users are expected to immediately take advantage of the numerous services that the platform can offer
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The Final Concluding Question The Final Verdict: Is Profit.ly worth it?
If we could come up with the answer, it’s an affirmative “yes”. However, you must realize that it shouldn’t be treated as a scheme to get rich quick. It wasn’t meant to be designed to achieve this goal. Instead, you should have curiosity. Timothy Sykes Penny Stocking Part Deux Pdf
What we are referring to”yes” is that it could be a useful learning tool. Those who may be stuck might be able to find Profit.ly’s array of resources useful in their efforts to reduce losses and be more successful than before. It’s not just the poor traders that can benefit from the platform. It is able to accommodate novices and even experts in the field!
So, if you genuinely care about being better at trading and wish to learn from your fellows and gurus on the way, take a look at Profit.ly. Profit.ly could be a good alternative to start.
FAQ Timothy Sykes Penny Stocking Part Deux Pdf
What are the best ways to use Profit.ly to make your trades public?
Profit.ly offers an entry section for trades under the My Trade section of the dashboard which lets you record your trades, verifiable or not. You may choose between three choices:
- Connecting your account to your broker of choice and import trades directly from there
- Manually entering your trades into specified spaces and information.
- Take a photo of your trades
How do I know if the trade is verifiable or not?
If you import your trade through a reliable brokerage, there’s an excellent probability that it’s verifiable. This is evident by the blue check mark. If you submit it in a manual way or by taking images, it will be classified as unverified.
The disadvantage of an unverified trade is the chance of getting downvotes from your friends and colleagues. If you receive too many negative votes, it could result in you appearing on the Madoff leaderboard, which is where the public are able to identify who is fraudulent in posting trades.
Are the Profit.ly mobile app still in use?
As of this writing, Profit.ly is still available to download via the Apple App Store as well as the Google Play store. The mobile app version works with all working smartphones and tablets.
How many people are using 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 stock market opportunities all over the world.
