The stock market can be a high-stakes game. On certain days, you might be reaping the benefits of pleasing and positive numbers. On other days, however it could be the reverse, and it may sometimes be extremely difficult to return to where you were your peak. If you’re always in the mud, you will have to realize that relying on instinct and survival is not always enough.
If you’ve suffered losses from time to time and you’re likely to require reliable advice from tested and tried trading experts. Additionally, you’ll require an enormous boost from your trading partners from all over the world, which is why we’ve discovered a platform that can support you in your growth in the industry. We’ll take an in-depth look at Profit.ly A well-respected 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.
Overall Rating: 4.1/5 Timothy Sykes Pennystocking Framework
The User’s Experience 4.5/5
Profit.ly is an online trading platform that allows traders of various levels to be informed and accountable, as well as transparent and to build relationships with each other through its broad variety of tools and features including trade verification, chat rooms and a rich library of educational material.
How do I define Profit.ly?
Profit.ly is a trading website which serves as a learning and education platform for those who are starting out 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 range of resources to facilitate trade and communication, it helps traders from all walks of life network with each other. It gives the gurus an opportunity to invest in the right areas of this platform. Consider it a social media site akin to Facebook and Reddit, but for experts and traders.
Profit.ly independently validates trade performance and publishes all data of them in the manner of leaderboards. The trading platform is built on trust and transparency. it ensures that the trades are valid and won’t tolerate inauthenticity as much as is humanly possible. It was founded in the past by penny stock trade expert and investment expert Timothy Sykes, along with fellow expert Michael Mosseri.
One time during his appearance in Forbes publication, Sykes stated that Profit.ly was motivated by its focus “on the transparency of the entire spectrum of trades, something which was never previously done.” The idea Sykes said served two purposes: 1) making public records for not just the gurus as well as students and newsletter writers as well as) allowing everyone on the platform to gain insight into both losses and wins to the benefit of the trading industry. Timothy Sykes Pennystocking Framework
How Does It Work?
Profit.ly follows a subscription-based model which allows stock traders to have access to a range of tools and services that are geared towards achieving achievement. You may set up an account for free, but you’re limited to the capability to browse the leaderboard and follow 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 subscribe to any of Profit.ly’s offers that we’ll review in the coming days.
Setting up an account is simple: Create a profile with your experiences and expertise, connect your brokerage account, and you have yourself an opportunity to make through at the very top of the list. Profit.ly’s leaderboard feature, as previously mentioned it is designed to provide its users a glimpse of their performance as a trading group and its experts. It’s not just a way to demonstrate that you’re worthy to the community of traders, but you can also utilize Profit.ly to buy from a guru with the assurance that you’re comfortable with their expertise and the veracity of their claims.
If you are unsure about the idea of divulging the details of your broker account you may opt to post your trades, either verified or not, by taking photographs. In Profit.ly are a variety of trading courses as well as the ability to look at statistics on a person’s profile as well as other ways to connect with your gurus via chatrooms along with text and e-mail alerts and updates.
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Meet Tim Sykes, the founder: Tim Sykes
Timothy Sykes is a well-renowned day trading personality who is well-known for delving his hands into the penny-stock market. According to Investopedia the term “penny stock” is a small business’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 companies to move into a larger market because it allows them to access funds from the public. However, don’t get it wrong – it’s also an extremely risky activity, as Sykes is sure to reveal because of his decades of experience.
Since his initial beginnings at the end of his time in the high schools, Tim Sykes has, since then, made an estimated $6 million profit through his lengthy career as trading professional. When he was 25 years old, he had been given greater exposure and a larger reach of influence as a participant in the reality series “Wall Street Warriors.” Then, he took advantage of it to establish trading rooms, penny stock themes, and educational material aimed at those who are new to trading. He also helped to establish Profit.ly as a platform for openness, and to allow the community to rise and compete on the platform.
The Profit.ly Gurus
One of Profit.ly’s amazing features is the variety of education tools, trade alerts and other helpful stuff provided by the in-house experts of the platform. These gurus refer to experts in the field of trading who have proven to make significant amounts of profit from their combined years of expertise. Timothy Sykes Pennystocking Framework
At its height, Profit.ly had housed up to five gurus, each of them a pro within their particular field within the world of trading. Some of the prominent gurus included Connor Bruggermann, Nathan Michaud of Investors Underground, and Triforce among others. At the time of writing, however, only two gurus remain on the platform: the founder and 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 offers.
From Tim Sykes: Tim’s Alerts
Sykes provides basic stock trading services that focuses on penny stock day trading through Tim’s Alerts. Costing $74.95 for a month you will be able to see him concentrate on the fundamental stock catalysts and use them to anticipate the next possible moves in making trades.
A standalone purchase from Tim’s Alerts will get you access to the chatroom and the mobile application that is available for iOS as well as Android devices, as well as text, e-mail and push alerts and a daily stock watchlist.
From Tim Sykes: The Pennystocking Silver Package
Pennystocking Silver is the premium version that has been upgraded of the Tim’s Alerts program. Priced at $149.95 for a month this is the perfect plan for those who are involved in investing in penny stocks. Pennystocking Silver offers all the essential features that were included in earlier plans such as alerts for swing trading and access to an extensive library of over 7,000 educational videos and new videos released every week.
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From “Superman” Paul Scolardi: Superman Alerts
Scolardi who goes under the name “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 the time he started trading, Superman has amassed over $5.5 million in all-time trading profits. Timothy Sykes Pennystocking Framework
The Superman Alerts plan is his package of vital features and alerts on trading geared to those interested. For just $147 per month, you’ll have access daily premarket stock watchlist as well as the mobile app, daily market commentary in real time, and SMS and e-mail alerts.
In “Superman” Paul Scolardi: Superman Pro
At $247/month, you get additional features, plus access to a knowledgeable base of information provided by Superman himself through his Superman Pro package. Alongside the standard features included in the Alerts package, Superman Pro gives you daily video lessons, which include an ever-growing library of other previous ones. Additionally you’ll also have an access to high-quality research papers and the IPO or earnings monitor.
Profit.ly plans and costs
If you’re ready to join the trading community on the internet and leave your mark on the industry, Profit.ly has the right amount of tools to get you started. The platform has three membership levels that are designed to accommodate traders with different levels. Let’s look at what the three tiers are and how much they’ll cost you.
The Novice package is Profit.ly’s basic plan that is designed specifically for people who are brand new to the world of trading. Once you have signed up for this plan, you will be immediately given a slew of robust and indispensable trading tools, all of them integral in keeping your fingers on what we call a competitive process in and of itself.
Among the list of things you can accomplish with Profit.ly’s Novice package is the ability to confirm trades and track profits; leading, following and even texting your fellow traders, as well as leaving feedback on today’s trades. You’re also allowed to get on leaderboards; analyze, sort, or filter the trades you make and, lastly, view other people’s statistics.
The Novice plan is $29.95 per month. Although it might look appealing for the price alone, there is a downside. It isn’t possible to create a private account, making your activities publicly available. If you do want to have an account with this option, stay tuned as we introduce to you Profit.ly’s next strategy.
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 set up an account that is private for sharing with fellow associate users all your knowledge and knowledge you gain from this trading group.
The price is $49.95/month, Profit.ly’s Trader plan is exactly what it says caters to those who desire to develop their trading skills. While it’s nice, there is one significant aspect that’s not included. Unlike the previous Novice package, this one won’t be able to see other traders’ statistics this might be a drawback for those looking forward to this tier. Timothy Sykes Pennystocking Framework
The Professional plan can be described as the highest expensive plan Profit.ly could offer for seasoned traders. At $74.95 monthly, with 22% off for billing annually, this tier has it all. You will have full, unrestricted access to all options of the previous plans.
You’re not only able to look at other people’s statistics and data, but you also have the opportunity to create a private profile. These two features are plus the other advantages that you can utilize to the fullest potential. If you’re in search of a plan that can serve you with everything you require as a skilled trader, maybe the Pro plan is ideal for you!
Profit.ly’s Other Services
In addition to the trainer tools and leaderboards, Profit.ly provides a variety of other services they offer. One of them is the online store, which lets users choose from a wide array of video products designed to inform and guide you through the ins and outs of trading. All of the products featured in this section of the website can be bought immediately for your personal use. Some of these include bestsellers such as the “Trading Tickers” series from trading professional Tim Grittani, Timothy Sykes’s collection of DVDs, streaming-only content related to penny stocking, short stocking, and other aspects of trading. There are also clips and clips taken from events like the Annual Pennystocking Conference, and other products by expert traders.
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Chat rooms integrated into Profit.ly are also part of Profit.ly’s array of services and features. You may be familiar with the concept of the chat room since you can find it throughout messaging and social platforms, and also on a few specialty websites that offer live chat assistance. But in Profit.ly it’s seen as a area where experts and member traders can communicate and share knowledge in real-time. Every guru has their own way in operating their chat room and dealing with the members there. One might be laid back and rarely engaged, while another could be more active and in touch with their students. Think of chat rooms like Profit.ly’s version of a forum, in essence.
Who is the best Trader for Profit.ly?
Profit.ly’s diverse range of products and features are geared towards the wide range of stock traders, from novices to experienced professionals. Given the wide range of options it can provide it is certain to have something for all.
Newbies, for instance, can take advantage of Profit.ly’s knowledge-based content offered throughout the platform. Not only will they be provided with videos every week and chat room tips from the in-house experts and their members. They’ll also be able select from the products in its online store for them to take wherever they may be. They can also gain hands-on experiences from trading within the platform, but eventually they’ll be able to realize that trading is a risky game that should not be viewed as an amusing pastime.
For traders who have many years of experience down the line, we see Profit.ly as equally as suitable to people who are just beginning. While novice traders may not be as proficient in managing trading, the pros already understand how it works and the stack full of risks associated with it. In the ideal scenario, they can utilize Profit.ly’s array of features to their full advantage to improve their skills in trading. Like beginners, they can learn from the experts as well as experts, and take advantage of quick tips and tidbits throughout the process.
Profit.ly’s “all-in” approach doesn’t just apply to newbies as well as semi-seasoned traders. Certified experts can also take part in the enjoyment! Those in the trading industry who are on an equal level with Superman and Tim Sykes can also use the power of Profit.ly’s abilities to show off their expertise to other traders as a way to assist them in the ever-changing trading process. Timothy Sykes Pennystocking Framework
Profit.ly’s Pros and Pros and
- Profit.ly’s many capabilities as a “one-stop” platform for trading stocks allows traders across the globe with a wealth of education, communication, and trading tools
- You’ll receive excellent training and insights from its inside experts, as well as collections of educational videos as well as live trading activity.
- You can be sure of complete transparency through Profit.ly by using accurate data as well as other traders that are waiting to reach you out if something occurs.
- The leaderboard feature of the platform offers you the opportunity to increase your reputation as a reliable and authentic trader
- Apart from its core features, Profit.ly also gives its customers additional options to meet their preferences, such as posting trades that are not authentic by taking screenshots
- Profit.ly’s variety of subscription levels and guru packages are priced at a reasonable cost – there truly is something for every person
- Profit.ly’s abundance of packages and products offered may not be enough for a lot of its customers
- If traders decide to post any kind of trade, there’s an opportunity that some them may take advantage by selecting the best trades in order to improve their ratings – this may be a concern that should not be ignored.
- Profit.ly will not allow refunds as its premium users will immediately benefit from the number of services that the platform can offer
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The Final Verdict: Is Profit.ly Valued?
If we could come up with the answer, it’s a ‘yes’. However, you must realize that the platform should not be used as a quick-fix scheme to make money. The platform was not always designed to be used in this way. Instead, it is best to keep the ability to think with an open heart. Timothy Sykes Pennystocking Framework
What we are referring to”yes” is that it can be a great learning tool. For those who are struggling, they may be able to find Profit.ly’s range of resources to be helpful when they try their best to avoid losses and be more successful than they did before. It’s not only the struggling traders who will benefit from this platform. It is able to accommodate novices and even experts!
If you truly care about being a better trader and want to be taught by your fellows and gurus throughout the process, then look no further – Profit.ly could be a good alternative to start.
FAQ Timothy Sykes Pennystocking Framework
What are the best ways to use Profit.ly to post your trades?
Profit.ly offers the option of allowing trade entries under the My Trade’ category of the dashboard that lets you post your trades, either verified or otherwise. There are three options:
- Linking your account to the brokerage of choice and importing the trades from that directly
- Manually entering your trades using specified spaces and information.
- Send a screen shot of your trades
What can I do to determine whether the trade is authentic or not?
If you import your trade from a reputable brokerage, there’s an excellent likelihood that it can be verified. This is evident by the blue check mark. If you upload it in a manual way or by taking images, it will be classified as unverified.
The downside of having an unauthentic trade is the risk of getting downvotes from your colleagues. If you receive too many negative votes, it could cause you to be listed in the Madoff leaderboard, which is where the public can see who’s dishonest in posting trades.
Is the Profit.ly mobile app still available?
At the time of writing, Profit.ly is still available to download from the Apple App Store and on the Google Play store. The mobile app version is compatible with the majority of operating tablets and smartphones.
How many people are currently using Profit.ly?
Profit.ly is currently home to over 150,000 investors and traders because they are not just seeking to make the most profit but also help each other develop and grow in their ability to take advantage of stock market opportunities both right and left.