Stock trading can be an extremely risky game. On certain days, you may enjoy the benefits of pleasing and positive numbers. However, on other days, the opposite may happen and it can be extremely difficult to get back to where you were your peak. If you find yourself immersed in the water it is important to realize that relying on pure instinct and preservation may not always be enough.
If you’ve experienced losses from time to time, you’re gonna be needing solid advice from seasoned and tested trading experts. Additionally, you’ll require an important boost from trading partners from all over the globe. That’s why we’ve found a platform that can support you in your improvement in the industry. We’ll be taking a 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. 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 Program Cost
The User’s Experience 4.5/5
Profit.ly is an online trading platform that permits traders of different levels to be informed responsible, transparent, and uplifting with one another through its wide variety of tools and features including trade verification, chat rooms as well as an extensive library of educational material.
What is Profit.ly?
Profit.ly is a site for trading that functions as a training and learning platform for traders who are starting out as well as a place for experienced traders to track their performance through the use of sophisticated analytics tools. It provides users with a vast variety of tools for trade and communication, it helps traders from every field of business connect with one another. It also allows gurus to make an opportunity to invest in the right areas of this platform. Consider it the social media equivalent the likes of Facebook and Reddit but with a focus on professionals and traders.
Profit.ly independently verifies trade performances and publishes all data from them in the form of leaderboards. The platform’s trading model is based on transparency and honesty: it ensures that the transactions are legitimate and will not allow for fraud as much as is humanly possible. It was created in the past by penny stock trade expert and investment expert Timothy Sykes, along with the other expert Michael Mosseri.
One time during his appearance in Forbes magazine Sykes stated that Profit.ly was driven by its focus “on the transparency of every trade, something that has never been previously done.” The idea was, he said, serving two purposes: 1) creating public track records for everyone, not just the experts as well as newsletter writers and students as well as) allowing all users to be enlightened by both losses and wins for the trading industry’s benefit. Timothy Sykes Program Cost
How Does It How Does It
Profit.ly follows a subscription-based model that allows stock traders to gain access to a multitude of features and services aimed towards achieving achievement. It is possible to create an account there at no cost, however you’re limited to the capability to browse the leaderboard and observe the activities of people who aren’t gurus. If you’re interested in investing your money in order to find out what stocks the experts are trading in real-time it is necessary to join one of Profit.ly’s offers that we’ll review in the coming days.
Making an account simple: Create an account with your experience and knowledge, then connect your brokerage account, and you’ll be given the chance to climb through at the very top of the list. Profit.ly’s leaders’ board feature as we’ve mentioned earlier was designed to offer its users an insight into how the community of traders performs as well as its experts. It’s not only a chance to demonstrate your worth to a group of traders, but you are also able to use Profit.ly to buy with a guru, and have the assurance that you’re comfortable with their expertise and the legitimacy of their claims.
If you’re not comfortable with the concept of leaking the details of your broker account you can choose to publish your trades, either verified or otherwise, through photographs. In Profit.ly is the huge selection of courses in trading, the ability to view the stats of a trader’s account as well as other ways to connect with your gurus through the chatroom 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 guru who has been famously known for his efforts in trades in penny stocks. According to Investopedia, a penny stock is a small business’s stock that trades for just less than 5 cents per share. The trading of penny stocks is an avenue for small businesses to transition to a market that is larger as it gives them access to funds from the public. But don’t make the mistake of thinking that it’s also an extremely risky game, as Sykes can surely tell thanks to his years of expertise.
From his beginnings in his late years in high school, Tim Sykes has, since then, earned an estimated $6 million profits through his lengthy career as a trader. At 25 years old Tim Sykes had received greater exposure and an even wider reach of influence as a participant in the reality TV show “Wall Street Warriors.” He then took advantage of it to create trading rooms as well as penny stock themes as well as educational content targeted at those who are just beginning to learn about trading. He also helped to establish Profit.ly as a platform for transparency and for the community to uplift and compete on the platform.
The Profit.ly Gurus
One of Profit.ly’s amazing features is the wide range of education sources, trade alerts and other useful stuff offered by the company’s internal gurus. These gurus refer to experts in the field of trading who have made substantial amounts of money from their combined years of experience. Timothy Sykes Program Cost
At its height, Profit.ly had housed up to five gurus, each of them a pro in their niche in the trading industry. Some of the most prominent gurus included Connor Bruggermann, Nathan Michaud of Investors Underground, and Triforce, among a few others. At the time of writing however, only two gurus remain on the platform: Founder of the penny stock market 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 can offer.
From Tim Sykes Tim Sykes: Tim’s Alerts
Sykes offers basic stock trading services which focuses on penny-stock day trading via Tim’s Alerts. Costing $74.95 for a month you will see him focus on the basic stock catalysts and employ them to forecast the next moves that could occur when making trades.
A single purchase of Tim’s Alerts will get you access to the chatroom and the mobile application that is available for iOS as well as 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 version that has been upgraded of the Tim’s Alerts program. Priced at $149.95 per month, it is the perfect plan for those who are committed to penny stock trading. Pennystocking Silver includes all the basic features that were included in earlier plans such as swing trading alerts as well as unlimited access to an extensive collection of more than 7,000 educational videos, with new ones released weekly.
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In “Superman” Paul Scolardi: Superman Alerts
Scolardi who goes under the name “Superman,” is a professional in swing trading with an eye for tiny-cap massive stocks as well as wildly accurate marketing forecasts. In the time since he began as a trader, Superman has amassed over $5.5 million in all-time trading profits. Timothy Sykes Program Cost
The Superman Alerts plan is an package of vital features and alerts on trading geared towards those who might be interested. For just $147 per month, you’ll have access daily stock watchlist that is premarket along with the mobile application, daily market commentary in real-time, and SMS and e-mail alerts.
From “Superman” Paul Scolardi: Superman Pro
For $247 per month, you can enjoy additional features, plus access to an extensive base of knowledge provided by Superman himself via his Superman Pro package. Alongside the standard features that are included in the Alerts package, Superman Pro gives you weekly video lessonsthat include a growing library of all previous lessons. In addition, you’ll also get the ability to access premium reports on research as well as the IPO as well as earnings tracking tool.
Profit.ly Programs and Costs
If you’re eager to join the trading community on the internet and make a mark on the field, Profit.ly has the right amount of tools to get you started. Profit.ly offers three membership tiers that cater to traders of different levels. Let’s break down what these three are and how much they will cost you.
The Novice package is Profit.ly’s entry-level plan designed especially for those who are just beginning their journey to the trading world. As you sign to this plan, you will be immediately given a slew of robust and indispensable trading tools, each of which is essential to keep your fingers on what could call a ruthless process by itself.
Among the list of things you can accomplish using Profit.ly’s Novice program is the ability to verify trades and track profits as well as leading, following, and even messaging 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, lastly, view other people’s statistics.
The Novice plan will cost $29.95 per monthly payment. Although it might look appealing just by the price however, there’s a drawback. It isn’t possible to create a private profile, which makes your personal information public. If you do want to get an account with this option, keep an eye on us as we present to you Profit.ly’s next plan.
The Trader package allows you to use a majority of features from The Novice package. In this plan, that you can set up an individual profile that allows you for sharing with fellow associate users all your knowledge and knowledge you gain from the trading community.
The price is $49.95/month, Profit.ly’s Trader plan will do what the name implies catering for those looking to improve their expertise in trading. Although it’s a nice thing but there’s one important element that’s missing. Unlike the previous Novice package, you will not be able view other traders’ statistics this could be a problem for those eager to try this new tier. Timothy Sykes Program Cost
This is by far the highest expensive plan Profit.ly can offer to experienced traders. At $74.95 per month, and 22% off when billed annually, this tier has everything. You will have full, unrestricted access to all the options of the prior plans.
Not only do you get to view other people’s stats and data, but you also have the opportunity to create your own private profile. Both of these options, in addition to the advantages that you can utilize to the maximum extent. If you’re looking for a plan that can serve you with everything you require as a skilled trader, maybe the Pro tier could be for you!
Profit.ly’s Other Services
Apart from the provided trainer tools and leadersboards Profit.ly has a few additional services that it can offer. One of them is the online store, which allows users to select from a variety of video products designed to inform and help you understand the nuances and pitfalls of trading. Each of the offerings listed in this section of the site can be purchased immediately for personal use. These include best-selling products like”Trading Tickers, “Trading Tickers” series by trader professional Tim Grittani, Timothy Sykes’s collection of DVDs and streaming-only content on short stocking, penny stocking, as well as all aspects of trading. There are also clips and footage taken from 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 chat room as you can find it throughout social and messaging platforms and also on a few specialty websites that offer live chat support. But on 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 dealing with the listed members there. One might be a laid-back person who is less active, while another might be more active and in touch to their pupils. Consider chatrooms as Profit.ly’s version of the forum, in the essence.
Who is the ideal trader to Profit.ly?
Profit.ly’s diverse range of products and features are geared towards the wide range 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 everyone.
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 advice from its in-house gurus and members. Additionally, they can choose from the items from its online store to carry with them wherever they may go. They can also gain hands-on experience trading on the platform, however, they will soon learn that trading is a risky game that should not be viewed as an amusing pastime.
For the traders with decades of experience in the road, we consider Profit.ly equally suited for them as it is for people who are just beginning. Although the novices might not be as proficient in managing trading however, experienced traders know the way it functions and the stack full of risks that it carries. In the ideal scenario, they can utilize Profit.ly’s variety of options to their maximum advantage to enhance their skills in trading. As beginners, they are able to study from the gurus as well as experts, and take advantage of simple tips and hints along the way.
Profit.ly’s “all-inclusive” nature does not only apply to beginners or semi-experienced trader. Certified experts can also take part in the fun! Those in the trading industry who are on the same level as Superman as well as Tim Sykes can also use up 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 Program Cost
Profit.ly’s Pros and Pros and
- Profit.ly’s diverse capabilities as a ‘one-stop’ platform for trading stocks allows it to provide traders everywhere with an abundance of knowledge communications, trading, and communication tools
- You’ll receive excellent training and tips from the inside experts, as well as video libraries that teach you how to learn and trading in real-time.
- You can be sure of complete transparency through Profit.ly by using accurate data as well as fellow traders who are ready to reach you out if something occurs.
- The leaderboard feature of the platform offers you a way to build your reputation as a reliable and dependable trader
- In addition to its primary abilities, Profit.ly also gives its customers additional options to meet their individual preferences, for instance, posting unverifiable trades through photographs
- Profit.ly’s wide array of packages and subscription levels are priced at reasonable prices There is truly something for every person
- Profit.ly’s numerous products and packages offered might be too much for the majority of its customers
- As traders may opt to make any type of trade, there’s an opportunity that some them could profit from picking the most profitable trades to increase the rating – this may be a risk that shouldn’t be simply overlooked
- Profit.ly does not offer refunds as the premium customers are expected to instantly take advantage of the numerous features the platform is able to provide
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The Final Verdict: Is Profit.ly worth it?
If we could come up with the answer, it would be an affirmative “yes”. But you need to understand that this platform shouldn’t be viewed as a quick-fix scheme to make money. The platform was not always intended to be created for this reason. Instead, you need to have an open mind. Timothy Sykes Program Cost
What we are referring to by ‘yes’ is that it is a fantastic learning tool. Those who may be stuck could be able to find Profit.ly’s range of resources helpful in their efforts to incur lesser loss and perform better than before. It’s not just the struggling traders that will profit from the platform. It will be able to accommodate beginners as well as even experts!
If you truly want to become a better trader and want to be taught by your fellows and gurus throughout the process, then look no further – Profit.ly is a fantastic choice to start.
FAQ Timothy Sykes Program Cost
How do you use Profit.ly to post your trades?
Profit.ly offers a trade entry portion in the “My Trade section of the dashboard that allows you to post your trades that are verified or not. There are three choices:
- Connecting your account to your brokerage of choice and then importing the trades from that directly
- Manually inputting your trades with the spaces provided and details
- Send a screen shot of your trades
What can I do to determine if the trade is verifiable or not?
If you buy your trade from a trusted brokerage, there’s the likelihood that it can be verified. This is shown by the blue check mark. If you upload it in a manual way or by taking pictures, it will be classified as unverified.
The downside of having an unverified trade is the possibility of getting downvotes from your colleagues. Too many downvotes may cause you to be listed at the top of the Madoff leaderboard, where users can see who’s untruthful in submitting trades.
Is the Profit.ly mobile application still available?
As of this writing, Profit.ly is still available to download via the Apple App Store and in the Google Play store. The mobile app version works with all operating tablets and smartphones.
How many people are currently using Profit.ly?
Profit.ly currently houses over 150,000 investors and traders since they’re not just looking to earn maximum profits but also help each other learn and improve in acquiring opportunities in the stock market left and right.