Stock trading can be a high-stakes game. Some days, you might enjoy the benefits of pleasing and positive numbers. On other days it could be the reverse and it can be very difficult to return to where you were your peak. If you are constantly stuck in the gutter You will need to realize that relying on pure instinct and preservation is not always enough.
If you’ve experienced occasional losses You’ll need reliable advice from tested and tried trading experts. Also, you’ll need an enormous boost from your fellow traders from around the globe. That’s why we’ve found an option that can help you in your growth in the industry. This review will be taking an in-depth 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 Promo Code
The User’s Experience 4.5/5
Profit.ly can be described as an online platform for trading that allows traders of various levels to be informed, transparent, accountable, and to build relationships with each other by offering a wide range of features and tools such as chat rooms, trade verification, and an enriched library of educational content.
What exactly is Profit.ly?
Profit.ly is a site for trading which serves as a training and learning platform for traders who are just beginning their journey and as a hub for experienced traders to track their performance with the help of advanced analytics tools. Offering users a broad variety of tools to facilitate trade and communication that help traders from all walks of life network with one another. It gives the gurus an opportunity to invest in the right areas of this platform. Imagine it as an online social media platform similar the likes of Facebook and Reddit but with a focus on professionals and traders.
Profit.ly independently verifies trade performances and publishes all data of them in the manner of leaderboards. The platform for trading is built on trust and transparency. it ensures that the transactions are legitimate and will not accept fake news as long as it is possible. It was created many years ago by penny expert in stock trading and investment guru Timothy Sykes, along with the other expert Michael Mosseri.
In an appearance in Forbes publication, Sykes declared that Profit.ly was based “on the transparency of every trade, something that has never been done before.” This idea, he added, served two purposes: 1) keeping track of public data for not just the gurus, but also the students and newsletter writers and secondly) making it possible for everyone on the platform to learn from both the wins and losses for the trading industry’s benefit. Timothy Sykes Promo Code
How Does It Perform?
Profit.ly is a subscription-based platform that allows stock traders to benefit from a variety of features and services aimed towards achieving achievement. You may set up an account at no cost, however you’re only given the ability to navigate through the leaderboard and follow the activities of non-gurus. If you’re looking to invest your money and see what stocks the experts are trading in real time, you will need to sign up to one of Profit.ly’s deals that we’ll review in the coming days.
Setting up an account is simple: Create an account that includes your personal information and expertise, connect to your brokerage account, and you’ll have the chance to climb your way up to the top of the leaderboard. Profit.ly’s leaderboard feature, as previously mentioned was designed to offer its users a glimpse of how the community of traders performs as well as its gurus. It’s not only a chance to prove value to a community of traders, as you are also able to use Profit.ly to buy from a guru with the assurance that you’re confident with their expertise and the credibility of their assertions.
If you feel uneasy with the idea of divulging information about your account with a brokerage, you can decide to share your trades, verified or not, via pictures. Also included in Profit.ly is the huge selection of trading courses as well as the ability to look at the stats of a trader’s account as well as other ways to communicate with your gurus in the chatroom, as well as text and e-mail alerts and updates.
Meet Tim Sykes, the founder: Tim Sykes
Timothy Sykes is a well-renowned day trading guru who has been famously known for his involvement in penny stock trading. According to Investopedia Penny stock refers to a small company’s stock that trades for just less than 5 cents per share. The penny stock market could be viewed as a stepping stone for small-scale businesses to make the transition into a larger market because they can access money from the general public. But don’t be mistaken – it’s also an extremely risky game, as Sykes can surely tell because of his decades of experience.
From his beginnings at the end of his time in High School, Tim Sykes has, since then, earned over $6 million of profit through his lengthy career as trader. At the age of 25, he had been given greater exposure and a larger impact as a participant in the reality series “Wall Street Warriors.” Then, he made use of the show to create trading rooms, penny stock themes, and educational material aimed at those who are new to the trading field. He also helped to establish Profit.ly as a place of transparency and to allow the community to rise and compete on the platform.
The Profit.ly Gurus
One of Profit.ly’s sweet inclusions is the wide range of learning tools, trade alerts as well as other useful information provided by the platform’s in-house gurus. Gurus are referred to the trading experts who have proven to make significant amounts of profit from their combined years of experience. Timothy Sykes Promo Code
At its height, Profit.ly had housed up to five gurus, each of them an expert in their field of expertise within the world of trading. Some of the prominent experts were Connor Bruggermann, Nathan Michaud of Investors Underground, and Triforce as well as a handful of others. At the time of writing there are only two gurus who remain on the 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 take a look at the packages each guru can offer.
From Tim Sykes Tim Sykes: Tim’s Alerts
Sykes provides an essential stock trading service that focuses on penny-priced day trading with Tim’s Alerts. Costing $74.95 for a month you’ll observe him focus on fundamental catalysts for stocks and utilize them to predict the next move that is possible when trading.
A single purchase of Tim’s Alerts will get you access to the chatroom and the mobile app that’s available for iOS as well as Android devices, email, text, 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. It costs $149.95 per month, this is an ideal plan for those who are more committed to penny stock trading. Pennystocking Silver comes with all the standard features that were included in prior plans, such as alerts for swing trading and access to a rich library of over 7,000 educational videos, with new ones released weekly.
The following video is from “Superman” Paul Scolardi: Superman Alerts
Scolardi who goes under 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 earnings. Timothy Sykes Promo Code
The Superman Alerts plan is his package of vital features and trading alerts targeted to those interested. For $147/month, you’ll get an access to the day-to-day premarket stock watchlist and the mobile app, daily market updates in real-time, as well as E-mail and SMS alerts.
From “Superman” Paul Scolardi: Superman Pro
For $247 per month, you can enjoy additional features, as well as access to a knowledgeable base of information provided by Superman himself through Superman Pro. Superman Pro package. Alongside the standard features featured 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 and an 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 field, Profit.ly has the right amount of resources to get you started. Profit.ly offers three membership levels that are designed to accommodate traders of different levels. Let’s take a look at what these three are and how much they’ll cost you.
The package called Novice is Profit.ly’s beginning-of-the-line plan specifically for people who are brand new to the trading community. As you sign up for this package you’ll be provided with a variety of powerful and vital trading tools, each of them integral in keeping your hands on what we call a competitive procedure in its own.
Among the list of things you can accomplish using Profit.ly’s Novice program is the ability to verify the results of your trades and track profit as well as leading, following and even texting other traders; and providing feedback on trades today. You can also get on leaderboards, analyze your trades, sort and filter your trades and, finally, see the statistics of other traders.
The Novice plan costs $29.95 per monthly payment. Although it looks attractive simply because of the price however, there’s a drawback. You aren’t able to create a personal account, making your personal information public. If you’re interested in gain an account with this option, be watching for us to introduce to you Profit.ly’s new plan.
The Trader package allows users to benefit from many of the features of The Novice package. In this plan, that you are able to create a private profile to share with fellow associate users all your knowledge and information you have gained from this trading group.
Costing $49.95/month, Profit.ly’s Trader plan does what the name suggests catering for those looking to improve their skills in trading. While it’s nice however, there’s a crucial element that’s missing. As opposed to the prior Novice package, you won’t be able view the statistics of other traders that might be a drawback for those anticipating this level. Timothy Sykes Promo Code
The Pro plan is the highest expensive plan Profit.ly could offer for seasoned traders. With $74.95 each month which includes an additional 22% discount when billed annually the Pro plan has everything. It gives you full, unlimited access to all the options of the prior plans.
In addition, you’ll be able to look at other people’s statistics as well, you’re also offered the chance to create your own private profile. Both of these features, on top of all the benefits that you can use to the maximum extent. If you’re in search of an account that will give all the features you need to be a skilled trader, maybe the Pro tier could be the right choice for you!
Profit.ly’s Other Services
Apart from the provided trainer tools and leaderboards, Profit.ly provides a variety of other services they offer. One of these is its online store, which lets users select from a variety of video products created to guide you through the ins and outs of trading. All of the products featured on this page of the site can be immediately purchased for personal use. Among these products include best-sellers such as”Trading Tickers,” the “Trading Tickers” series from trading professional Tim Grittani, Timothy Sykes’s collection of DVDs and streaming-only content related to short stocking, penny stocking, and other aspects of trading. There are also clips and scenes of the Annual Pennystocking Conference, and other products by expert traders.
The integrated chat rooms are also part of Profit.ly’s variety of services and features. You’re probably familiar with the chat room since you can see it across social and messaging platforms, as well as some specialty websites that offer live chat assistance. But in Profit.ly the chat room is viewed as a place where gurus and their member traders can communicate and share knowledge in real-time. Each guru has their style in running their chat rooms and dealing with the listed members there. Some may be laid back and less active, while another might be more online and communicative in their interactions with students. Consider chatrooms as Profit.ly’s version of the forum, in essence.
Who is the best trader to Profit.ly?
Profit.ly’s wide range of products and features cater to a large variety of stock traders, ranging from novices to experienced professionals. Given the wide range of options it offers, the platform surely has something for everyone.
Beginners, for instance, will appreciate Profit.ly’s library of learning content offered throughout the platform. They will also be provided with videos every week and chat room tips by its internal gurus and members. They’ll also be able select from the products in its online store to carry with them wherever they may be. You can also get hands-on experience trading on the platform, but ultimately they’ll realize that trading is a risky game that should not be viewed as an opportunity to make fun of.
For traders who have many years of experience down the line, we see Profit.ly as equally as suitable to the newcomers. Although the novices might not be as adept at managing trading, the pros already understand how it works along with the risky mix that come with it. It is ideal to utilize Profit.ly’s range of options to their maximum advantage to improve their trading abilities. As beginners, they are able to learn from the experts and experts , and use those short tips and tricks throughout the process.
Profit.ly’s “all-in” approach doesn’t just apply to newbies and semi-experienced traders. Certified experts can also take part in the excitement! Trade professionals who are on the same level as Superman as well as Tim Sykes can also use up Profit.ly’s capabilities to display their expertise to other traders as a way to help assist them in the ever-changing trading process. Timothy Sykes Promo Code
Profit.ly’s Pros and Pros and
- Profit.ly’s many capabilities as a “one-stop” stock trading platform allows traders from all over the world with tons of learning communications, trading, and communication tools
- You get to be provided with excellent lessons and advice from the company’s internal experts, which include libraries of educational videos and trading in real-time.
- You’re assured of transparency throughout Profit.ly with accurate analytics and fellow traders who are ready to reach you out if something occurs.
- The leaderboard feature of the platform offers you the chance to establish your reputation as a reliable and authentic trader
- Apart from its main capabilities, Profit.ly also gives its customers extra options that can be tailored to their needs, like posting unverifiable trades through photographs
- Profit.ly’s diverse range of packages and subscription levels are priced at reasonable prices There is truly something for everyone
- Profit.ly’s numerous packages and products offered may not be enough for the majority of its users
- Since traders can choose to make any type of trade, there’s a possibility that some of them will profit by picking the most profitable trades to improve their ratings this could be a concern that should not be overlooked.
- Profit.ly does not offer refunds because the premium customers are expected to immediately benefit from the number of features the platform is able to offer
The Final Verdict is: Is Profit.ly worth it?
If we could think of the answer, it’s a ‘yes’. However, you must realize that it shouldn’t be treated as a quick-fix scheme to make money. The platform wasn’t originally intended to be created in this way. Instead, you should have the ability to think with an open heart. Timothy Sykes Promo Code
What we are referring to by ‘yes’ is that it is a fantastic learning tool. For those who are struggling, they might be able to find Profit.ly’s array of resources useful in their efforts to reduce losses and be more successful than before. Not only struggling traders that will benefit from the platform. It will be able to accommodate beginners as well as even experts!
So, if you genuinely want to become better at trading and wish to be taught by your peers and experts along the way, then take a look at Profit.ly. Profit.ly may be a great alternative to start.
FAQ Timothy Sykes Promo Code
How can you make use of Profit.ly to make your trades public?
Profit.ly offers an entry section for trades under the “My Trade’ category of the dashboard which lets you record your trades, verifiable or otherwise. There are three options:
- Connecting your account to your brokerage of choice and importing the trades from that directly
- Manually entering your trades into the spaces provided and details
- Take a photo of your transactions
How can I tell if the trade is verifiable or not?
If you import your trade from a reputable brokerage, there’s an excellent probability that it’s verifiable. This is shown by the blue check mark. If you submit 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 receiving downvotes from colleagues. A large number of downvotes could cause you to show up on the Madoff leaderboard, where users can detect who’s being fraudulent in posting trades.
Does the Profit.ly mobile app still available?
As of this writing, Profit.ly is still available for download on the App Store for Apple and the Google Play store. The mobile app version works with all working smartphones and tablets.
How many people are using Profit.ly?
Profit.ly is currently home to over 150,000 traders and investors, since they’re not just seeking to make the most profit but also help each other grow and learn more about acquiring opportunities on the stock market both right and left.