The stock market can be a high-stakes game. Some days, you might enjoy the benefits of positive and satisfying numbers. On other days it could be the reverse, and it may sometimes be extremely difficult to get back to where you were your best. If you find yourself always in the mud it is important be aware that relying solely on pure instinct and preservation may not always be enough.
If you’ve been incurring losses from time to time You’ll need solid advice from seasoned and tested trading experts. You’re also gonna need an enormous boost from your fellow traders from around the world, which is why we’ve discovered an online platform that will help you in your improvement in the market. This review will be taking 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. To get a comprehensive overview of Profit.ly, you may still want to check out our article below.
Overall Rating: 4.1/5 Timothy Sykes Pennystocking Framework Free Download
Value: 4.1/5
Quality: 4.1/5
Costs: 4.1/5
Users Experience 4.5/5
Summary
Profit.ly can be described as an online platform for trading that permits traders of all levels to be informed and accountable, as well as transparent and uplifting with each other through its broad variety of tools and features such as chat rooms, trade verification as well as an extensive library of educational material.
What exactly is Profit.ly?
Profit.ly is a trading website which serves as a training and learning platform for people who are just beginning their journey as well as a place for traders who are experienced to monitor their performance through the use of sophisticated analytics tools. Offering users a broad range of resources for trade and communication that help traders from all walks of life connect with each other. It also allows gurus to make an opportunity to invest in the right areas of the platform. Imagine it as a social media site akin like Facebook and Reddit however it is geared towards traders and experts.
Profit.ly independently checks the performance of trades and then publishes the information from them in the style of leaderboards. The trading platform is built on honesty and transparency: it guarantees that the trades are authentic and won’t allow for fraud as much as possible. It was created many years ago by penny stock trade expert and investment guru Timothy Sykes, along with the other expert Michael Mosseri.
In an appearance in Forbes magazine Sykes said that Profit.ly was motivated by its focus “on showing all trades, something that has never been previously done.” The concept, he added, served two objectives: one) keeping track of public data for all traders, not just the gurus and newsletter authors and students as well as) allowing anyone on the platform to gain insight into both losses and wins to benefit the industry of trading. Timothy Sykes Pennystocking Framework Free Download
How Does It Work?
Profit.ly follows a subscription-based model that lets stock traders gain access to a multitude of tools and services that are geared at achieving the success of their business. You can create an account there for free, but you’re limited to access to the leaderboards and monitor the activities of people who aren’t gurus. If you’re ready to invest your money and see 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 a profile with your experiences and expertise, connect to your brokerage account, and you have yourself an opportunity to make through the top of the leaderboard. Profit.ly’s Leaderboard function, which was we’ve mentioned earlier was designed to offer its users a look at their performance as a trading group and its experts. You’re not just allowed to demonstrate your worth to a group of traders, as you can also use Profit.ly to shop with a professional with the assurance that you’re confident with their expertise and the credibility of their assertions.
If you feel uneasy with the idea of sharing your brokerage account, you may opt to post your trades, whether verified or not, via screenshots. In Profit.ly is the huge selection of courses in trading, the ability to view the stats of a trader’s account, and more ways to interact with your experts through the chatroom as well as notifications via email or text as well as updates.
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Meet the Founder: Tim Sykes
Timothy Sykes is a well-renowned day trading guru who is well-known for delving his hands into trades in penny stocks. According to Investopedia, a penny stock is a small business’s stock which trades at under $5 for each share. Penny stock trading can be seen as an avenue for small-scale businesses to make the transition to a large marketplace as it gives them access to capital from the public. However, don’t get it wrong – it can also be an extremely risky game, as Sykes can surely tell thanks to his years of expertise.
Beginning in the latter years of high school, Tim Sykes has, since then, made over $6 million of earnings through his lengthy career as trader. At the age of 25, he had been given greater exposure and an even wider influence over time when he was a part of the reality series “Wall Street Warriors.” He then used the opportunity to establish trading rooms, penny stock themes, as well as educational content targeted at those who are new to the trading field. He also helped to establish Profit.ly as a platform for transparency and for the community to uplift and compete with each other on the platform.
The Profit.ly Gurus
One of Profit.ly’s amazing features is the variety of educational resources, trade alerts, and other helpful stuff provided by the company’s internal gurus. The gurus in question refer to experts in the field of trading who have proven to make substantial amounts of money from their collective years of expertise. Timothy Sykes Pennystocking Framework Free Download
At its height, Profit.ly had housed up to five gurus, all of them a professional in their field of expertise in the trading industry. Some of the most 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 this platform: 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 the packaged offers each guru offers.
From Tim Sykes Tim Sykes: Tim’s Alerts
Sykes provides an essential stock trading service with the main priority being penny-priced day trading with Tim’s Alerts. The cost is $74.95 monthly, you’ll be able to see him concentrate on the basic stock catalysts and employ them to anticipate the next moves that could occur when trading.
A purchase on its own from 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, email, text and push alerts; as well as a daily watchlist of stocks.
Tim Sykes: From Tim Sykes: The Pennystocking Silver Package
Pennystocking Silver is the premium version that has been upgraded of the Tim’s Alerts program. It costs $149.95 monthly, it is an ideal plan for those who are more committed to penny stock trading. Pennystocking Silver includes all the basic features found in earlier plans which includes swing trading alerts and unlimited access to a rich collection of more than 7,000 educational videos that are updated weekly.
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In “Superman” Paul Scolardi: Superman Alerts
Scolardi who goes under the alias “Superman,” is a professional in swing trading with an eye for massive stocks of the small-cap size and insanely accurate marketing forecasts. In the time since when he first started trading, Superman has amassed over $5.5 million in total trading earnings. Timothy Sykes Pennystocking Framework Free Download
The Superman Alerts package is his offering of essential features and trading alerts geared to those interested. For just $147 per month, you’ll have access daily stock watchlist that is premarket and the mobile app, the daily market commentary in real time, and SMS and e-mail alerts.
In “Superman” Paul Scolardi: Superman Pro
For $247 per month, you can enjoy additional features, as well as access to an extensive base of knowledge that is provided by Superman himself via the Superman Pro package. On top of the essentials included in the Alerts package, Superman Pro gives you weekly video lessons, including an ever-growing library of previous lessons. On top of that you’ll also gain the ability to access premium reports on research as well as the IPO or earnings monitor.
Profit.ly Plans and Costs
If you’re ready 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 up and running. Profit.ly offers three membership tiers that are designed to accommodate traders at different levels. Let’s look at what the three are and how much they’ll cost you.
Novice Plan
The package called Novice is Profit.ly’s entry-level plan designed especially for those who are new to the world of trading. Once you have signed up for this package, you will be immediately given a slew of robust and indispensable trading tools, all one of them essential in keeping your fingers on what can describe as a cutthroat process in and of itself.
Among the list of things you can accomplish with Profit.ly’s Novice program is the ability to verify trades and track profits as well as leading, following and even texting your fellow traders; and giving feedback on the trades of today. You can also get on leaderboards; analyze, sort, and filter your trades and, lastly, view other’s stats.
The Novice plan is $29.95 per month. Although it might look appealing simply because of the price but there’s a disadvantage. You aren’t able to create a personal profile, thus making your actions public. If you do want to have access to this feature, be watching for us to introduce to you Profit.ly’s next strategy.
Trader Plan
The Trader plan allows you to use the majority of features available in The Novice package. In this plan, that you are able to create a private profile to share with other associate users all the insights and intel in this trading group.
The price is $49.95/month, Profit.ly’s Trader plan is exactly what it says catering for those looking to develop their trading skills. As nice as it seems, there is one significant feature that is missing. In contrast to the Novice package, you won’t be able to view other traders’ stats that could be a disadvantage for those who are eager to try this new tier. Timothy Sykes Pennystocking Framework Free Download
Pro Plan
The Pro plan is the highest premium package that Profit.ly offers to experienced traders. With $74.95 monthly, which includes a 22% discount for billing annually the Pro plan has everything. You get full, no-holds-barred access to all options of the previous plans.
Not only do you get to view other people’s stats, but you’re also given the option of creating a private profile. Both of these options, on top of all the benefits that you can use to their fullest capacity. If you’re looking for an option that gives you with everything you require as trader with experience, the Pro tier could be ideal for you!
Profit.ly’s Other Services
Apart from the tools for training and Leaderboards Profit.ly offers a number of other services they provide. One of them is the online store, where customers can pick from a range of videos designed to inform and guide you through the nuances and pitfalls of trading. Each of the offerings listed in this section of the website can be purchased immediately for personal use. These include best-selling products such as”Trading Tickers, “Trading Tickers” series by trader professional Tim Grittani, Timothy Sykes’s library of DVDs and streaming-only content about penny stocking, short stocking, and all other things trading-related, clips and footage from The Annual Pennystocking Conference, and other products by expert traders.
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Chat rooms integrated into Profit.ly are included in Profit.ly’s array of features and services. You’re probably familiar with the concept of chat rooms since you will see it on messaging and social platforms, and also on a few specialty websites that provide live chat assistance. But on Profit.ly it’s seen as a real-time area where experts and members trade and learn in real time. Each guru has their style in running their chat rooms and in dealing with the members there. One of them may be more laid back and not very often active, while another might be more online and communicative with their students. Think of the chatrooms as Profit.ly’s version of the forum, in its essence.
Who is the Ideal trader to Profit.ly?
Profit.ly’s variety of offerings and features caters to the wide range of stock trader types, from novices to experienced professionals. Considering the number of offers it can provide this platform definitely has something for every person.
For instance, newbies can take advantage of Profit.ly’s collection of educational information available on the platform. Not only will they be enriched with weekly videos and chat room advice from the in-house experts and their members. They’ll also be able choose from the items in its online store that they can take with them wherever they may travel. You can also get hands-on experience trading on the platform, however they’ll be able to realize that trading is a high-stakes game that shouldn’t be taken as an opportunity to make fun of.
For the traders with decades of experience in the road, we consider Profit.ly as equally as suitable for them as it is for the newcomers. Although the novices might not be as adept at managing trading however, experienced traders know how it works along with the risky mix that come with it. It is ideal to make use of Profit.ly’s array of features to their full advantage to develop their trading abilities. As beginners, they are able to learn from the top experts and experts and utilize those short tips and tricks throughout the process.
Profit.ly’s “all-in” approach does not only apply to beginners or semi-experienced trader. Certified experts can also take part in the fun! People in the trade industry who are at an equal level with Superman as well as Tim Sykes can also use up Profit.ly’s capabilities to showcase their expertise to other traders as a way to navigate them through the ever-changing trading process. Timothy Sykes Pennystocking Framework Free Download
Profit.ly’s Pros and Cons
The Pros
- Profit.ly’s many capabilities as a “one-stop’ stock trading platform enable traders from all over the world with a wealth of education, communication, and trading tools
- You will be provided with excellent lessons and tips from the internal experts, which include video libraries that teach you how to learn and live trading activity.
- You’re assured of transparency throughout Profit.ly with precise analytics as well as fellow traders who are ready to reach you out whenever something happens
- The platform’s leaderboard feature gives you the opportunity to increase your credibility as a trustworthy and verifiable 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 variety of subscription levels and guru packages are priced at reasonable prices There is truly something for every person
The Cons
- Profit.ly’s numerous packages and products offered may be too much for a lot of its users
- Since traders can choose to make any type of trade, there is an opportunity that some them may take advantage by picking the most profitable trades to improve their ratings – this may be a problem that shouldn’t be simply overlooked
- Profit.ly will not allow refunds, as its premium users are expected to immediately benefit from the many 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 the answer, it would be a ‘yes’. However, you must realize that this platform shouldn’t be viewed as a get-rich-quick scheme. The platform was not always intended to be created for this reason. Instead, it is best to keep the ability to think with an open heart. Timothy Sykes Pennystocking Framework Free Download
What we do mean”yes” is it can be a great learning tool. For those who are struggling, they could be able to find Profit.ly’s variety of resources useful when they try their best to incur lesser losses and perform better than before. It’s not only the struggling traders who will profit from the platform. It is able to accommodate novices and even experts!
If you truly want to become a better trader and want to be taught by your mentors and peers on the way, look no further – Profit.ly may be a great option to begin.
FAQ Timothy Sykes Pennystocking Framework Free Download
How do you use Profit.ly to publish your trades?
Profit.ly has the option of allowing trade entries within the “My Trade section of the dashboard which allows you to post your trades, either verified or otherwise. There are 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.
- Upload a screenshot of your trades
How do I know if the trade is verifiable or not?
If you import your trade from a trusted brokerage, there is a high chance that it is verifiable. This is evident by the small blue check. If you post the information manually or via images, it will be assigned as unverified.
The disadvantage of an unauthentic trade is the possibility 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, where people can detect who’s being untruthful in submitting trades.
Are the Profit.ly mobile app still available?
As of this writing, Profit.ly is still available to download via the App Store for Apple and the Google Play store. The mobile app version works with all operating tablets and smartphones.
How many are on Profit.ly?
Profit.ly is currently home to over 150,000 investors and traders, as they not only are looking to earn maximum profits but also to help one another develop and grow in their ability to take advantage of stock market opportunities both right and left.
