The stock market can be an exciting game with high stakes. On certain days, you might enjoy the benefits of positive and satisfying numbers. However, on other days it could be the reverse, and it may sometimes be very difficult to return to where you were your best. If you find yourself immersed in the water You will need be aware that relying solely on instinct and survival might not be enough.
If you’ve experienced loss from time to time You’ll need reliable advice from tested and tried trading experts. Also, you’ll need an important boost from fellow traders from around the globe. That’s why we’ve found an online platform that will help you to improve your performance in the market. This review will be taking the time to look at Profit.ly, a well-recognized 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. 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 Pennystocking 101
Value: 4.1/5
Quality: 4.1/5
Costs: 4.1/5
The User’s Experience 4.5/5
Summary
Profit.ly offers an internet-based trading service that enables traders of different levels to be knowledgeable responsible, transparent, and to build relationships with each other through its broad variety of tools and features like trade verification, chat rooms as well as an extensive library of educational content.
How do I define Profit.ly?
Profit.ly is a trading website that serves both as a learning and training platform for people who are just beginning their journey and as a hub for experienced traders to track their performance using the aid of sophisticated analytics tools. It provides users with a vast range of resources for trade and communication, it helps traders from all walks of life network with one another. It also allows gurus to make worthwhile investments within the confines that the site. Imagine it as an online social media platform similar the likes of Facebook and Reddit, but for traders and experts.
Profit.ly independently checks the performance of trades and publishes all data of them in the manner of leaderboards. The platform’s trading model is based on honesty and transparency: it ensures that the transactions are legitimate and will not accept fake news as long as it is possible. It was established years ago by the penny expert in stock trading and investment expert Timothy Sykes, along with his colleague Michael Mosseri.
In an interview with Forbes publication, Sykes declared that Profit.ly was based “on showing all trades, something that was never done before.” This idea Sykes said served two goals: 1.) keeping track of public data for all traders, not just the gurus and newsletter authors and students, and 2) allowing all users to be enlightened by the losses and wins to the benefit of the trading industry. Timothy Sykes Pennystocking 101
How Does It Work?
Profit.ly is a subscription-based platform which allows stock traders to benefit from a variety of services and features geared towards achieving the success of their business. It is possible to create an account on the site at no cost, however you’re only given access to the leaderboards and monitor the activities of people who aren’t gurus. If you’re looking to invest your money and see which stocks the gurus are trading in real-time You’ll need to subscribe to any of Profit.ly’s offers that we’ll go over shortly.
Making an account simple: Create an account that includes your personal information and expertise, connect your brokerage account, and you’ll be given a chance to shoot your way up to the top of the leaderboard. Profit.ly’s leaders’ board feature as we’ve mentioned earlier it is designed to provide its users a look at their performance as a trading group as well as its experts. It’s not just a way to prove your worth to a large group of traders. You are also able to use Profit.ly to purchase with a professional with the assurance that you’re confident of their knowledge and the credibility of their assertions.
If you are unsure about the idea of divulging your brokerage account, then you could choose to publish your trades, either verified or otherwise, through photographs. In Profit.ly is the huge selection of trading classes, the ability to view stats in a trader’s profile as well as other ways to interact with your experts through the chatroom in addition to 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 well-known for delving his hands into penny stock trading. According to Investopedia the term “penny stock” refers to a small company’s shares that trade for just less than 5 cents per share. Penny stock trading can be seen as an opportunity for small businesses to transition to a large marketplace as it allows them to access money from the general public. However, don’t get it wrong – it’s also a high-risk game, which Sykes will be able to tell you because of his decades of experience.
From his beginnings at the end of his time in High School, Tim Sykes has, since then, made over $6 million of profits through his lengthy career as a trader. When he was 25 years old Sykes was given greater exposure and a larger influence over time when he became part of the reality show “Wall Street Warriors.” He then took advantage of it to develop trading rooms as well as penny stock themes as well as educational content targeted at people who are brand new to the trading field. He also helped establish Profit.ly as a place for openness, and for the community to uplift and compete against each other on the platform.
The Profit.ly Gurus
One of Profit.ly’s most appealing features is the wide range of education resources, trade alerts, as well as other useful information provided by the in-house experts of the platform. Gurus are referred to experts in the field of trading who have made substantial profits from their combined years of knowledge. Timothy Sykes Pennystocking 101
At its peak, Profit.ly had housed up to five gurus, all of them an expert in their field of expertise in the trading industry. Some of the most prominent gurus 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 this platform: Founder as well as penny-stock trader Tim Sykes and veteran smallcap swing trader Paul Scolardi, also known as Superman. With that taken into consideration, let’s take a look at what packaged deals each guru has to offer.
From Tim Sykes Tim Sykes
Sykes offers an essential stock trading service which focuses on penny-priced day trading with Tim’s Alerts. At $74.95 for a month you’ll be able to see him focus on the fundamental catalysts for stocks and utilize them to predict the next move that is possible when making trades.
A purchase on its own in Tim’s Alerts will get you access to the chatroom as well as the mobile app that’s available to iOS and Android devices; text, e-mail and push alerts as well as a daily watchlist of stocks.
From Tim Sykes: The Pennystocking Silver Package
Pennystocking Silver is the highest-quality, upgraded version of the Tim’s Alerts package. It costs $149.95 for a month it is a great option for investors who are involved in penny stock trading. Pennystocking Silver comes with all the standard features found in prior plans, such as swing trading alerts as well as unlimited access to a rich library of more than 7,000 instructional videos, with new ones released every week.
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From “Superman” Paul Scolardi: Superman Alerts
Scolardi who goes under the alias “Superman,” is a swing trading professional with an eye for 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 earnings. Timothy Sykes Pennystocking 101
The Superman Alerts plan is an package of vital features and trading alerts targeted toward those who may be interested. For $147 per month, you’ll gain access daily premarket stock watchlist and the mobile app, the daily market commentary shown in real time, and SMS and e-mail alerts.
From “Superman” Paul Scolardi: Superman Pro
For $247 per month, you can enjoy additional features and access to a knowledgeable base of information provided by Superman himself via Superman Pro. Superman Pro package. On top of the essentials that are included in the Alerts plan, Superman Pro gives you daily video lessons, which include the growing collection of the previous ones. In addition, you’ll also get access to premium research reports as well as the IPO or earnings monitor.
Profit.ly Plans and Costs
If you’re eager to join the world of online trading and make a mark on the market, Profit.ly has the right amount of resources to help you going. Profit.ly offers three membership levels, each designed for traders with different levels. Let’s take a look at 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 those who are just beginning their journey to the trading world. Once you have signed up for this package, you will be immediately provided with a variety of powerful and vital trading tools, each of which is essential to keep your fingers on what call a competitive process by itself.
Among the list of things you can do with Profit.ly’s Novice package include the ability to confirm trades and track profits; leading, following and even texting your fellow traders; and giving feedback on the trades of today. You can also get on leaderboards, analyze the results of your analysis, sort, as well as filter trades and, finally, see other’s stats.
The Novice plan is $29.95 per monthly payment. Although it looks attractive simply because of the price but there’s a disadvantage. You aren’t able to create a personal profile, which makes your activities publicly available. If you do want to gain an account with this option, keep an eye on us as we present to you Profit.ly’s next plan.
The Trader Plan
The Trader package lets you to take advantage of the majority of features available in The Novice package. This plan allows that you can create a private profile to share with fellow associates all your insights and intel in the trading community.
Costing $49.95/month, Profit.ly’s Trader plan is exactly what it says caters people who want to improve their trading skills. As nice as it seems however, there’s a crucial aspect that’s not included. As opposed to the prior Novice package, you won’t be able to see the statistics of other traders that could be a disadvantage for those who are anticipating this level. Timothy Sykes Pennystocking 101
Pro Plan
The Professional plan can be described as the most luxurious package Profit.ly can offer to experienced traders. With $74.95 per month, and 22% off for annual billing the Pro plan has everything. You will have full, unrestricted access to all the features from the two previous plans combined.
Not only do you get to see other users’ stats, but you’re also given the opportunity to create your own private profile. These two features are plus the other advantages that you can utilize to the fullest potential. If you’re in search of an option that gives you everything you need as trader with experience, the Pro plan is the right choice for you!
Profit.ly’s Other Services
Apart from the provided tools for training and leadersboards Profit.ly has a few other services they offer. One of those is its online store, which allows users to select from a variety 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. Some of these include bestsellers such as”Trading Tickers, “Trading Tickers” series by trader expert Tim Grittani, Timothy Sykes’s collection of DVDs, streaming-only content related to short stocking, penny stocking, and all other aspects of trading. There are also clips and scenes of 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 features and services. You’re probably familiar with the chat room as you can find it throughout social and messaging platforms, as well as some specialty websites that provide live chat support. But in Profit.ly, it is seen as a real-time area where experts and members trade and share knowledge in real-time. Each guru has their style in operating their chat room and dealing with the members. One of them may be more laid back and not very often active, while another may be more active and in touch in their interactions with students. Think of the chatrooms 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 caters to an array of stock traders, ranging from novices to the most experienced. Given the wide range of options it can provide, the platform surely has something for all.
Beginners, for instance, will appreciate Profit.ly’s knowledge-based information available on the platform. In addition, they will be enriched with weekly videos and chat room tips from the in-house experts and members. Additionally, they can pick from the merchandise available in its online store that they can take with them wherever they travel. Additionally, they can gain practical experiences by trading through the platform, but ultimately, they will soon learn that trading is a high-stakes game that should not be viewed as an amusing pastime.
For traders who have many years of experience down the road, we consider Profit.ly equally suitable to those who are just starting. While novice traders may not be as proficient in managing trading but the experts already know how it works and the stack full of risks that come with it. It is ideal to make use of Profit.ly’s variety of features to their best advantage to enhance their trading abilities. As beginners, they are able to learn from the experts as well as experts, and take advantage of short tips and tricks along the way.
Profit.ly’s “all-in” approach isn’t limited to novices or semi-experienced trader. Experts who have been verified can also participate in the enjoyment! People in the trade industry who are on the same level as Superman and Tim Sykes can also use Profit.ly’s capabilities. Profit.ly’s capabilities to showcase their expertise to other traders in order to navigate them through the ever-changing trading process. Timothy Sykes Pennystocking 101
Profit.ly’s Pros and Cons
The Pros
- Profit.ly’s numerous capabilities as a ‘one-stop’ stock trading platform allows traders from all over the world with a wealth of education, communication, and trading tools
- You will 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 assured of transparency throughout Profit.ly with accurate analytics and fellow traders who are ready to reach you out whenever something happens
- The platform’s leaderboard feature gives you a way to build your credibility as a trustworthy and authentic trader
- In addition to its primary abilities, Profit.ly also gives its users extra options to suit their preferences, such as posting unverifiable trades through screenshots
- Profit.ly’s diverse range of subscription levels and guru packages are priced at a reasonable cost – there truly is something for everyone
The Cons
- Profit.ly’s numerous packages and services offered could be too much for the majority of its customers
- As traders may opt to open any kind of trade, there is the possibility that some of them will profit by cherry-picking the best trades to boost their rating – this may be a problem that shouldn’t be overlooked.
- Profit.ly will not allow refunds as its premium users will immediately benefit from the number of services the platform has to provide
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The Final Concluding Question: Is Profit.ly worth it?
If we were able to come up with an answer to this question, it would be an affirmative “yes”. But it is important to realize that this platform shouldn’t be viewed as a get-rich-quick scheme. It wasn’t intended to be created in this way. Instead, you should have an open mind. Timothy Sykes Pennystocking 101
What we are referring to”yes” is that it can be a great learning tool. For those who are struggling, they could discover Profit.ly’s variety of resources helpful when they try their best to reduce losses and perform better than before. It’s not only the struggling traders who will benefit from this platform. It will be able to accommodate beginners as well as even experts in the field!
If you really desire to be more successful in trading and would like to be taught by your peers and experts throughout the process, then look no further – Profit.ly may be a great alternative to start.
FAQ Timothy Sykes Pennystocking 101
What are the best ways to use Profit.ly to make your trades public?
Profit.ly includes the option of allowing trade entries under the My Trade’ category of the dashboard which lets you post your trades, either verified or otherwise. You may choose between three options:
- Linking your account to the brokerage of choice and importing the trades from that directly
- Manually entering your trades into specified spaces and information.
- Upload a screenshot of your transactions
How do I know whether the trade is authentic or not?
If you buy your trade through a reliable brokerage, there is the chance that it is verifiable. This is shown by the small blue check. If you submit it in a manual way or by taking screenshots, it will automatically be assigned as unverified.
The drawback of posting an unauthentic trade is the risk of receiving negative feedback from fellow peers. A large number of downvotes could cause you to be listed at the top of the Madoff leaderboard, where people can see who’s fraudulent in posting trades.
Are the Profit.ly mobile app still in use?
At the time of writing, Profit.ly is still available for download on the Apple App Store as well as the Google Play store. The mobile app version is compatible with the majority of operating tablets and smartphones.
How many are using Profit.ly?
Profit.ly currently houses more than 150,000 investors and traders, as they not only are seeking to make the most profit but also to help one another learn and improve in acquiring opportunities in the stock market both right and left.
