Stock trading can be an exciting game with high stakes. On some days, you could have the benefit of positive and satisfactory numbers. On other days, the opposite may happen and it can be very difficult to return to where you were your most productive. If you are always in the mud, you will have to realize that relying on instinct and survival is not always enough.
If you’ve experienced loss from time to time, you’re gonna be needing sound advice from tried-and-tested trading experts. You’re also gonna need a significant boost from your trading partners from all over the globe. That’s why we’ve identified an online platform that will help you in your growth in the market. In this review, we’ll be taking a look at Profit.ly A well-respected one-stop 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. 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 Quien Es
User Experience: 4.5/5
Profit.ly offers an internet-based trading service that permits traders of all levels to be informed responsible, transparent, and uplifting with each other by offering a wide range of features and tools such as chat rooms, trade verification, and an enriched library of educational material.
How do I define Profit.ly?
Profit.ly is a site for trading that serves both as a learning and training platform for those who are just beginning their journey and as a hub for traders who are experienced to monitor their performance through the use of sophisticated analytics tools. Providing users with a wide array of options for trade and communication that help traders from all walks of life connect with each other. It offers gurus with worthy investments within the boundaries of the platform. Imagine it as a social media site akin like Facebook and Reddit, but for professionals and traders.
Profit.ly independently verifies trade performances and then publishes the information from them in the style of leaderboards. The platform’s trading model is based on honesty and transparency: it makes sure that trades are valid and won’t tolerate inauthenticity as much as possible. It was founded years ago by the penny stock trade expert and investment expert Timothy Sykes, along with the other expert Michael Mosseri.
One time , during an appearance in Forbes magazine, Sykes said that Profit.ly was driven by its focus “on the transparency of the entire spectrum of trades, something which has never been done before.” This idea was, he said, serving two objectives: one) creating public track records for all traders, not just the gurus as well as students and newsletter writers, and 2) allowing all users to be enlightened by both losses and wins to benefit the industry of trading. Timothy Sykes Quien Es
How Does It How Does It
Profit.ly utilizes a subscription model which allows stock traders to have access to a range of features and services aimed at achieving achievement. You can create an account on the site at no cost, however you’re limited to access to the leaderboards and monitor the actions of non-gurus. If you’re looking to invest your money to see what stocks the experts are trading in real-time it is necessary to subscribe to any of Profit.ly’s offers that we’ll review in the coming days.
Making an account easy: create an account with your experience and skills, join to your brokerage account and you have yourself the chance to climb your way up to high on the leaderboard. Profit.ly’s leaders’ board feature as we’ve mentioned earlier was designed to offer its users a look at their performance as a trading group and its gurus. It’s not only a chance to show that you’re worthy to the large group of traders, but you are also able to use Profit.ly to purchase with a professional with the confidence that you are confident with their expertise and the veracity of their assertions.
If you are unsure about the concept of leaking information about your account with a brokerage, you can choose to publish your trades, either verified or not, by taking photographs. Also included in Profit.ly are the vast number of trading courses and the capability to see the stats of a trader’s account, and more ways to communicate with your gurus via chatrooms as well as 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 is well-known for his efforts in the penny-stock market. According to Investopedia the term “penny stock” refers to a small-sized company’s stock which trades at just less than 5 cents per share. The penny stock market could be viewed as an opportunity for small businesses to transition to a market that is larger as it allows them to access capital from the general public. However, don’t get it wrong – 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 the high schools, Tim Sykes has, since then, made an estimated $6 million profits during his long and successful career as trading professional. When he was 25 years old Sykes was given greater exposure and an even wider influence over time when he was a part of the reality show “Wall Street Warriors.” He then used the opportunity to create trading rooms as well as penny stock themes and educational content geared toward those who are new to the trading field. He also helped establish Profit.ly as a platform for transparency, and for the community to uplift and compete against each other through the platform.
The Profit.ly Gurus
One of Profit.ly’s amazing features is the vast array of education resources, trade alerts, as well as other useful information provided by the in-house experts of the platform. These gurus refer to the trading experts who have made significant amounts of profit from their combined years of expertise. Timothy Sykes Quien Es
At its height, Profit.ly had housed up to five gurus. Each of them a pro in their field of expertise within the world of trading. Some of the prominent experts included Connor Bruggermann, Nathan Michaud of Investors Underground, and Triforce, among a few others. As of this writing, however, only two gurus 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. With that taken into consideration Let’s look at what packaged deals each guru can offer.
From Tim Sykes Tim Sykes
Sykes provides an essential stock trading service with the main priority being penny-stock day trading via Tim’s Alerts. The cost is $74.95 for a month you will be able to see him concentrate on the basic stock catalysts and employ them to predict the next move that is possible 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 to iOS as well as Android devices; text, e-mail, and push alerts; and a daily stock watchlist.
Tim Sykes: From Tim Sykes: The Pennystocking Silver Package
Pennystocking Silver is the most premium version that has been upgraded of the Tim’s Alerts program. Priced at $149.95 per month, this is an ideal plan for those who are committed to investing in penny stocks. Pennystocking Silver comes with all the standard features that were included in earlier plans including swing trading alerts and unlimited access to an extensive library of more than 7,000 instructional videos and new videos released every week.
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The following video is from “Superman” Paul Scolardi: Superman Alerts
Scolardi who is known under the alias “Superman,” is a swing trading professional with an eye for both massive stocks of the small-cap size and insanely accurate marketing forecasts. Through the years since when he first started trading, Superman has amassed over $5.5 million in trading profits. Timothy Sykes Quien Es
The Superman Alerts plan is his package of vital features and alerts on trading geared to those interested. For $147/month, you’ll get an access to the day-to-day stock watchlist that is premarket along with the mobile app, the daily market commentary in real time, and SMS and e-mail alerts.
From “Superman” Paul Scolardi: Superman Pro
For the price of $247, you receive additional features and access to an extensive base of knowledge provided by Superman himself, via Superman Pro. Superman Pro package. Alongside the standard features featured in the Alerts package, Superman Pro gives you weekly video lessons, including an ever-growing library of previous lessons. In addition you’ll also gain an access to high-quality research papers and an IPO as well as earnings tracking tool.
Profit.ly Programs 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 started. The platform has three membership levels that are designed to accommodate traders with different levels. Let’s take a look at what these three are and how much they’ll cost you.
The Novice package is Profit.ly’s beginning-of-the-line plan specifically for those who are just beginning their journey to the world of trading. As you sign to this plan you’ll be offered a range of strong and essential trading tools, each of which is essential to keep your fingers on what we call a competitive process in and of itself.
Among the list of things you can accomplish using Profit.ly’s Novice package include the capability to check trades and track profits and follow-up, leading, and even messaging your fellow traders; and giving feedback on the trades of today. It also allows you to be on leaderboards, analyze the results of your analysis, sort, or filter the trades you make and lastly, look at other’s stats.
The Novice plan will cost $29.95 per monthly payment. Although it might look appealing simply because of the price but there’s a disadvantage. You can’t create a private profile, thus making your actions public. If you’re interested in have access to this feature, stay tuned as we introduce to you Profit.ly’s next plan.
The Trader plan allows you to take advantage of many of the features of The Novice package. In this plan, that you can set up an individual profile that allows you to share with fellow associate users all the insights and knowledge you gain from trader’s community.
Costing $49.95/month, Profit.ly’s Trader plan will do what the name implies catering for those looking to improve their trading skills. As nice as it seems, there is one significant aspect that’s not included. Unlike the previous Novice package, this one won’t be able to see other traders’ stats, which could be a problem for those anticipating this level. Timothy Sykes Quien Es
This is by far the most premium package that Profit.ly can offer to experienced traders. It costs $74.95 monthly, which includes a 22% discount for annual billing This plan offers everything. You get full, no-holds-barred access to all options of the previous plans combined.
You’re not only able to view other people’s stats and data, but you also have the chance to create an individual profile. Both of these features, plus the other advantages that you can utilize to the fullest potential. If you’re in search of a plan that can serve you everything you need as a skilled trader, maybe the Pro level is for you!
Profit.ly’s Other Services
Apart from the provided tools for training and leaderboards, Profit.ly provides a variety of more services it has to provide. One of them is the online store, which allows users to pick from a range of instructional videos that are created to help you understand the nuances and pitfalls of trading. The products listed on this page of the site can be bought immediately for your personal use. Among these products include best-sellers like”Trading Tickers, “Trading Tickers” series by trading expert Tim Grittani, Timothy Sykes’s library of DVDs and streaming-only content related to short stocking, penny stocking, as well as all things trading-related, clips and footage from the Annual Pennystocking Conference, and items from other experts in trading.
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Chat rooms integrated into Profit.ly are included in Profit.ly’s range of features and services. You’re probably familiar with the concept of chat rooms since you can find it throughout social and messaging platforms in addition to a few special websites that offer live chat support. However, in Profit.ly, it is seen as a hands-on area where experts and members trade and learn in real time. Every guru has their own style in operating their chat room and dealing with the members there. One of them may be laid back and rarely engaged, while another could be more interactive and online with their students. Consider chat rooms as Profit.ly’s version of a forum, in its essence.
Who is the ideal trader to Profit.ly?
Profit.ly’s wide range of products and features caters to an array of stock traders, ranging from novices to experienced professionals. Considering the number of offers it offers, the platform surely has something for everyone.
Beginners, for instance, can take advantage of Profit.ly’s collection of educational materials available across the platform. They will also be enriched with weekly videos and chat room tips from its in-house gurus and members. Additionally, they can pick from the merchandise available from its online store that they can take with them wherever they may be. You can also get hands-on experiences by trading through the platform, but eventually, they will soon learn that this is a high-stakes game that shouldn’t be taken as an amusing pastime.
For those traders who have had many years of experience down the line, we see Profit.ly as equally as suitable for them as it is for the newcomers. While novice traders may not be as proficient in managing trading but the experts already know how it works along with the stack full of risks associated with it. In the ideal scenario, they can make use of Profit.ly’s range of features to their best advantage to develop their trading abilities. Like beginners, they can learn from the top experts and experts , and use those short tips and tricks to help them along.
Profit.ly’s ‘all-together’ nature does not only apply to beginners or semi-experienced trader. Verified experts can also join in the excitement! Trade professionals who are on similar levels to Superman as well as Tim Sykes can also use the power of Profit.ly’s capabilities to display their skills to others as a way to help assist them in the ever-changing trading process. Timothy Sykes Quien Es
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 tons of learning communications, trading, and communication tools
- You get to receive excellent training and insights from its in-house gurus, including collections of educational videos as well as real-time trading activities
- You’re assured of transparency throughout Profit.ly with precise 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 verifiable trader
- Apart from its main abilities, Profit.ly also gives its users extra options to suit their preferences, such as posting trades that are not authentic by taking images
- Profit.ly’s variety of subscription plans and guru packages are priced at affordable rates There’s something for all
- Profit.ly’s bountiful stream of packages and products offered may not be enough for most of its customers
- Since traders can choose to post any kind of trade, there’s the possibility that some of them will profit by cherry-picking the best trades to increase the rating This could be a risk that shouldn’t be ignored.
- Profit.ly will not allow refunds, as the premium customers will immediately benefit from the number of features the platform is able to provide
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The Final Concluding Question The Final Verdict: Is Profit.ly Valued?
If we could come up with an appropriate answer for this query, it’s an affirmative “yes”. But it is important to realize that it shouldn’t be treated as a get-rich-quick scheme. The platform was not always meant to be designed to achieve this goal. Instead, you should have curiosity. Timothy Sykes Quien Es
What we are referring to by ‘yes’ is that it could be a useful learning tool. People who are stuck could discover Profit.ly’s array of resources helpful when they try their best to avoid loss and perform better than before. It’s not only the struggling traders who will benefit from the platform. It is able to accommodate novices and even experts in the field!
If you truly care about being better at trading and wish to learn from your mentors and peers along the way, then take a look at Profit.ly. Profit.ly could be a good option to begin.
FAQ Timothy Sykes Quien Es
How do you use Profit.ly to make your trades public?
Profit.ly includes the option of allowing trade entries in the “My Trade’ category of the dashboard which allows you to post your trades that are verified or otherwise. You may choose between three choices:
- Linking your account with your brokerage of choice and then importing trades directly from there
- Manually entering your trades into provided spaces and specifics
- Upload a screenshot of your trades
How can I tell whether the trade is authentic or not?
If you purchase your trade from a trusted brokerage, there’s an excellent probability that it’s verifiable. This is indicated with 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 unauthentic trade is the chance of getting downvotes from your fellow peers. If you receive too many negative votes, it could cause you to show up on the Madoff leaderboard, where people can see who’s untruthful in submitting trades.
Is the Profit.ly mobile app still in use?
As of this writing, Profit.ly is still available to download via the App Store for Apple and the Google Play store. The mobile version of the app is compatible with the majority of operating tablets and smartphones.
How many people are currently using Profit.ly?
Profit.ly currently houses over 150,000 investors and traders, because they are not just trying to maximize profits but also to help one another develop and grow in their ability to take advantage of opportunities on the stock market both right and left.