Stock trading is an exciting game with high stakes. On certain days, you may be reaping the benefits of positive and satisfying numbers. On other days, however it could be the reverse and it can be extremely difficult to return to where you were at your best. If you are always in the mud it is important be aware that relying solely on instinct and survival might not be enough.
If you’ve been incurring losses from time to time You’ll need sound advice from tried-and-tested trading experts. Also, you’ll need an enormous boost from your colleagues in the market from all over the globe, which is why we’ve found an online platform that will help you in your improvement in the market. This review will take a look at Profit.ly is a well-known 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.
Total Rating: 4.1/5 Timothy Sykes Pennystocking Rar
Value: 4.1/5
Quality: 4.1/5
Costs: 4.1/5
The User’s Experience 4.5/5
Summary
Profit.ly can be described as an online platform for trading that enables traders of various levels to be informative responsible, transparent, and encouraging one another through its wide variety of tools and features like chat rooms, trade verification and a rich library of educational material.
What exactly is Profit.ly?
Profit.ly is a trading site that serves both as a training and learning platform for traders who are just beginning their journey and also as a platform for experienced traders to track their performance through the use of cutting-edge analytics tools. It provides users with a vast variety of tools for communication and trade, it helps traders from all walks of life connect with each other. It also allows gurus to make worthwhile investments within the confines of this platform. Think of it as a social media site akin the likes of Facebook and Reddit, but for professionals and traders.
Profit.ly independently checks the performance of trades and posts all the 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 accept fake news as long as possible. It was created in the past by penny stock trade expert and investment expert Timothy Sykes, along with his colleague Michael Mosseri.
One time , during an appearance in Forbes publication, Sykes said that Profit.ly was motivated by its focus “on the transparency of the entire spectrum of trades, something which was never prior to.” The concept, he added, served two goals: 1.) keeping track of public data for everyone, not just the experts, but also the students and newsletter writers, and 2) giving all users to be enlightened by both the wins and losses to the benefit of the trading industry. Timothy Sykes Pennystocking Rar
How Does It Work?
Profit.ly utilizes a subscription model that lets stock traders gain access to a multitude of tools and services that are geared at achieving success. You can create an account at no cost, however you’re limited to access to the leaderboard and observe the activities of non-gurus. If you’re looking to invest your money in order to find out which stocks the gurus are trading in real time You’ll need to subscribe to any of Profit.ly’s offerings that we’ll discuss in the near future.
Setting up an account is easy: create an account with your experience and skills, join to your brokerage account and you have yourself the chance to climb through at the very top of the list. Profit.ly’s leaders’ board feature as previously mentioned it is designed to provide its users a look at how the community of traders performs and its experts. You’re not just allowed to prove your worth to a large group of traders. You are also able to use Profit.ly to shop with a guru, and have the confidence that you are confident with their expertise and the veracity of their assertions.
If you feel uneasy with the concept of leaking the details of your broker account then you could choose to publish your trades, either verified or otherwise, through pictures. Also included in Profit.ly are the vast number of trading courses as well as the ability to look at stats in a trader’s profile, and more ways to connect with your gurus via chatrooms along with text and e-mail alerts and updates.
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Meet the Founder: Tim Sykes
Timothy Sykes is a well-renowned day trading guru who has been famously 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. The penny stock market is an opportunity for small businesses to transition into a larger market because it gives them access to money from the general 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 his late years in the high schools, Tim Sykes has, since then, made an estimated $6 million profit during his long and successful career as a trader. At the age of 25 Tim Sykes had received more exposure and a wider influence over time when he became part of the reality series “Wall Street Warriors.” He then made use of the show to create trading rooms, penny stock themes, and educational material aimed at those who are just beginning to learn about the trading field. He also played a role in establishing Profit.ly as a platform for transparency, and for the community to uplift and compete through the platform.
The Profit.ly Gurus
One of Profit.ly’s most appealing features is the wide range of educational resources, trade alerts, and other helpful stuff provided by the company’s internal gurus. The gurus in question refer to the experts in trading who have made substantial amounts of money from their combined years of knowledge. Timothy Sykes Pennystocking Rar
At its height, Profit.ly had housed up to five gurus, each of them a professional within their particular field within the world of trading. Some of the most prominent gurus included Connor Bruggermann, Nathan Michaud of Investors Underground, and Triforce among others. As of this writing, there are only two gurus who remain on this platform: the founder as well as penny-stock trader Tim Sykes and veteran smallcap swing trader Paul Scolardi, also known as Superman. In light of that Let’s look at the packages each guru can offer.
From Tim Sykes Tim Sykes: Tim’s Alerts
Sykes offers basic stock trading services with the main priority being penny-priced day trading with Tim’s Alerts. At $74.95 for a month you’ll see him focus on the basic stock catalysts and employ them to forecast the next moves that could occur when trading.
A purchase on its own of Tim’s Alerts will get you access to the chatroom, as well as the mobile app available to iOS and Android devices, as well as texts, emails, and push alerts; as well as a daily watchlist of stocks.
from Tim Sykes: The Pennystocking Silver Package
Pennystocking Silver is the highest-quality version that has been upgraded of the Tim’s Alerts package. Priced at $149.95 for a month this is the perfect plan for those who are more invested in the penny-stock market. Pennystocking Silver comes with all the standard features found in the previous plan, such as alerts for swing trading and access to an extensive collection of more than 7,000 educational videos and new videos released weekly.
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In “Superman” Paul Scolardi: Superman Alerts
Scolardi, who goes by the alias “Superman,” is a professional in swing trading with an eye for small-cap monumental stocks and crazy-accurate marketing forecasts. In the time since when he first started trading, Superman has amassed over $5.5 million in total trading profits. Timothy Sykes Pennystocking Rar
The Superman Alerts plan is an offer of the most essential features and trading alerts geared toward those who may be interested. For $147 per month, you’ll gain access daily stock watchlist that is premarket along with the mobile app, the daily market commentary shown in real-time, and E-mail and SMS alerts.
The film “Superman” Paul Scolardi: Superman Pro
At $247/month, you get additional features and access to the extensive knowledge base that is provided by Superman himself via the Superman Pro package. On top of the essentials that are included in the Alerts plan, Superman Pro gives you weekly video lessonsthat include an ever-growing library of other previous ones. In addition you’ll also gain access to premium research reports and an IPO and earnings tracker.
Profit.ly plans and costs
If you’re eager to join the world of online trading and make a mark on the field, Profit.ly has the right amount of resources to help you started. The platform offers three membership levels that are designed to accommodate traders with different levels. Let’s take a look at what these three levels are and what they’ll cost you.
Novice Plan
The Novice package is Profit.ly’s entry-level plan designed especially for those who are just beginning their journey to the trading community. As you sign up for this package, you will be immediately provided with a variety of powerful and essential trading tools, all of which is essential to keep your fingers on what we call a competitive procedure in its own.
Among the list of things you can do with Profit.ly’s Novice package include the ability to confirm the results of your trades and track profit as well as leading, following and even chatting with your fellow traders, as well as providing feedback on trades today. You’re also allowed to get on leaderboards, analyze, sort, and filter your trades; and, finally, see the statistics of other traders.
The Novice plan costs $29.95 per month. Although it looks attractive just by the price, there is a downside. You aren’t able to create a personal account, making your activities publicly available. If you’re interested in get the benefit of this service, you should stay tuned as we introduce to you Profit.ly’s new plan.
Trader Plan
The Trader package allows users to benefit from many of the features of the novice plan. This plan allows that you are able to create an individual profile that allows you for sharing with fellow associates all your insights and intel in this trading group.
Priced at $49.95/month, Profit.ly’s Trader plan will do what the name implies: Cater for those looking to improve their trading skills. While it’s nice but there’s one important feature that is missing. In contrast to the Novice package, you won’t be able to view the statistics of other traders, which might be a drawback for some who may be anticipating this level. Timothy Sykes Pennystocking Rar
Pro Plan
This is by far the most premium package that Profit.ly can offer to experienced traders. With $74.95 per month, with 22% off for annual billing the Pro plan has it all. You will have full, unrestricted access to all the options of the previous plans combined.
In addition, you’ll be able to look at other people’s statistics, but you’re also given the option of creating your own private profile. Both of these options, on top of all the advantages that you can utilize to the fullest potential. If you’re looking for a plan that can serve you everything you need as an experienced trader, the Pro level is ideal for you!
Profit.ly’s Other Services
Apart from the provided training tools and the leadersboards Profit.ly provides a variety of additional services that it can provide. One of these is its online store, which lets users choose from a wide array of instructional videos that are that are designed to educate and guide you through the ins and outs of trading. All of the products featured in this section of the site can be purchased immediately for personal use. Some of these include bestsellers such as the “Trading Tickers” series by trader professional Tim Grittani, Timothy Sykes’s library of DVDs and streaming-only content related to penny stocking, short stocking, as well as all related to trading, videos and clips from the Annual Pennystocking Conference, and items from other experts in trading.
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The integrated chat rooms are included in Profit.ly’s range of features and services. You may be familiar with chat rooms since you will see it on social and messaging platforms and also on a few specialty websites that provide live chat assistance. But in Profit.ly the chat room is viewed as a hands-on place where gurus and their member traders can communicate and exchange knowledge in real-time. Every guru has their own style when it comes to running their chat room 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 active and in touch to their pupils. Think of the chat rooms as Profit.ly’s version of the forum in its essence.
Who is the best trader to Profit.ly?
Profit.ly’s diverse range of products and features caters to a large variety of stock traders, from beginners to experienced pros. With the variety of deals it offers it is certain to have something for everyone.
For instance, newbies will appreciate Profit.ly’s knowledge-based information available on the platform. They will also be provided with videos every week and chat room advice by its internal gurus as well as their members. They’ll also be able to pick from the merchandise available in its online store to carry with them wherever they may travel. You can also get hands-on experience trading on the platform, but eventually they’ll realize that trading is a high stakes game that should not be viewed as a joke.
For traders who have years of exposure down the line, we believe Profit.ly equally suited to people who are just beginning. While novice traders may not be as adept at dealing with trading issues, the pros already understand how it works and the plethora of risks associated with it. Ideally, they may utilize Profit.ly’s range of options to their maximum advantage to improve their skills in trading. As beginners, they are able to learn from the 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 as well as semi-seasoned traders. Certified experts can also take part in the excitement! Trade professionals who are at an equal level with Superman and Tim Sykes can also use Profit.ly’s capabilities. Profit.ly’s abilities to show off their skill to others in order to assist them in the ever-changing trading process. Timothy Sykes Pennystocking Rar
Profit.ly’s Pros and Cons
The Pros
- Profit.ly’s diverse capabilities as a “one-stop’ stock trading platform enable it to provide traders everywhere with tons of learning tools, communication, and trading tools
- You get to receive excellent training and insights from its in-house gurus, including collections of educational videos as well as live trading activity.
- You can be sure of complete transparency through Profit.ly with accurate analytics as well as other traders ready to call you out if something occurs.
- The platform’s leaderboard feature gives you the opportunity to increase your credibility as a trustworthy and dependable trader
- In addition to its primary features, Profit.ly also gives its users extra options to suit their preferences, such as posting trades that are not authentic by taking photographs
- Profit.ly’s diverse range of packages and subscription levels are priced at a reasonable cost There is truly something for everyone
The Cons
- Profit.ly’s numerous packages and services offered could be too much for the majority of its users
- If traders decide to post any kind of trade, there’s a possibility that some of 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 does not accept refunds as the premium customers will immediately benefit from the number of services the platform has to provide
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The Final Verdict is: Is Profit.ly worth it?
If we could think of an appropriate answer for this query, it would be yes. However, you must realize that the platform should not be used as a get-rich-quick scheme. It wasn’t designed to be used for this reason. Instead, it is best to keep the ability to think with an open heart. Timothy Sykes Pennystocking Rar
What we do mean by ‘yes’ is that it could be a useful learning tool. People who are stuck might discover Profit.ly’s range of resources to be helpful when they try their best to incur lesser loss and perform better than before. Not only struggling traders who will benefit from the platform. It will be able to accommodate beginners as well as even experts!
If you really desire to be more successful in trading and would like to be taught by your peers and experts along the way, then look no further – Profit.ly is a fantastic option to begin.
FAQ Timothy Sykes Pennystocking Rar
What are the best ways to use Profit.ly to publish your trades?
Profit.ly has an entry section for trades in the My Trade section of the dashboard. It lets you post your trades that are verified or otherwise. 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 whether the trade is authentic or not?
If you buy your trade from a reputable brokerage, there is the chance that it is verifiable. This is indicated with the small blue check. If you upload it in a manual way or by taking pictures, it will be assigned as unverified.
The drawback of posting an unauthenticated trade is the possibility of getting downvotes from your fellow peers. If you receive too many negative votes, it could result in you appearing on the Madoff leaderboard, which is where the public can detect who’s being untruthful in submitting trades.
Is the Profit.ly mobile app still in use?
As of the moment, Profit.ly is still available for download on the App Store for Apple and on the Google Play store. The mobile app version is compatible with the majority of functioning tablets and smartphones.
How many people are connected to Profit.ly?
Profit.ly currently houses over 150,000 traders and investors, since they’re not just seeking to make the most profit but also assist each other to learn and improve in acquiring opportunities on the stock market all over the world.