Stock trading is an exciting game with high stakes. On some days, you could be reaping the benefits of pleasing and positive numbers. On other days it could be the reverse, and it may sometimes be extremely difficult to get back to where you were your best. If you find yourself immersed in the water, you will have be aware that relying solely on your instincts and preserving is not always enough.
If you’ve suffered loss from time to time and you’re likely to require sound advice from tried-and-tested trading experts. Additionally, you’ll require a significant boost from your colleagues in the market from all over the globe, which is 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 is a well-known 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. Do check out our article below, however, because it has a comprehensive overview of Profit.ly.
Total Rating: 4.1/5 Timothy Sykes Recommend Dvds Or Silver Subscription
Value: 4.1/5
Quality: 4.1/5
Costs: 4.1/5
The User’s Experience 4.5/5
Summary
Profit.ly is an online trading platform that allows traders of various levels to be informed and accountable, as well as transparent and uplifting with one another through its wide array of tools and features including trade verification, chat rooms and a rich library of educational content.
How do I define Profit.ly?
Profit.ly is a site for trading that functions as a learning and training platform for people who are just beginning their journey as well as a place for traders with experience to keep track of their performance with the help of cutting-edge analytics tools. It provides users with a vast variety of tools for communication and trade that help traders from all walks of life network with one another. It gives the gurus worthwhile investments within the confines of the platform. Consider it an online social media platform similar the likes of Facebook and Reddit, but for traders and experts.
Profit.ly independently checks the performance of trades and then publishes the information of them in the manner of leaderboards. The trading platform is built on honesty and transparency: it guarantees that the trades are valid and won’t tolerate inauthenticity as much as 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 based “on showing all trades, something that was never done before.” The idea, he added, served two objectives: one) creating public track records for not just the gurus and newsletter authors and students as well as) allowing anyone on the platform to learn from the losses and wins for the trading industry’s benefit. Timothy Sykes Recommend Dvds Or Silver Subscription
How Does It Work?
Profit.ly is a subscription-based platform which allows stock traders to have access to a range of tools and services that are geared toward the success of their business. You may set up an account at no cost, however you’re only limited to having the ability to navigate through the leaderboard and observe the activities of people who aren’t gurus. If you’re interested in investing your money to see what stocks the experts are trading in real time, you will need to subscribe to any of Profit.ly’s offerings that we’ll discuss in the near future.
The process of opening an account is easy: create a profile with your experiences and expertise, connect to your brokerage account and you have yourself a chance to shoot through at the very top of the list. Profit.ly’s leaders’ board feature as mentioned previously, is designed to give its users an insight into how the community of traders performs as well as its experts. It’s not only a chance to demonstrate that you’re worthy to the community of traders. You can also utilize Profit.ly to buy with a professional with the assurance that you’re confident with their expertise and the legitimacy of their assertions.
If you’re not comfortable with the idea of sharing the details of your broker account then you could decide to share your trades, whether verified or not, by taking photographs. Also included in Profit.ly is the huge selection of trading classes as well as the ability to look at statistics on a person’s profile, and more ways to communicate with your gurus in the chatroom, as well as notifications via email or text as well as 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 trades in penny stocks. According to Investopedia the term “penny stock” refers to a small company’s shares that trade for under $5 for each share. The penny stock market is a stepping stone for small businesses to transition to a large marketplace as it allows them to access funds from the public. However, don’t get it wrong – it can also be an extremely risky activity, as Sykes will be able to tell you because of his decades of expertise.
Since his initial beginnings at the end of his time in High School, Tim Sykes has, since then, earned more than $6 million in earnings through his lengthy career as trading professional. At the age of 25, he had been given greater exposure and a larger reach of influence as a participant in the reality show “Wall Street Warriors.” He took advantage of it to develop trading rooms and penny stock themes and educational content geared toward people who are brand new to trading. He also played a role in establishing Profit.ly as a place of transparency and to allow the community to rise and compete against each other on the platform.
The Profit.ly Gurus
One of Profit.ly’s amazing features is the vast array of educational resources, trade alerts, as well as other useful information provided by the in-house experts of the platform. These gurus refer to the experts in trading who have earned substantial profits through their years of knowledge. Timothy Sykes Recommend Dvds Or Silver Subscription
At its peak, Profit.ly had housed up to five gurus. Each of them a pro within their particular field in the field of trading. Some of the most famous experts were Connor Bruggermann, Nathan Michaud of Investors Underground, and Triforce among 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 what packaged deals each guru can offer.
From Tim Sykes Tim Sykes
Sykes offers an essential stock trading service that focuses on penny-priced day trading with Tim’s Alerts. At $74.95 for a month you’ll be able to see him focus on the basic stock catalysts and employ them to forecast the next possible moves in trading.
A purchase on its own in Tim’s Alerts will get you access to the chatroom as well as the mobile app that’s available for iOS and Android devices; 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, upgraded version of the Tim’s Alerts package. It costs $149.95 for a month this is an ideal plan for those who are more invested in penny stock trading. Pennystocking Silver offers all the essential features that were included in the previous plan, including swing trading alerts and unlimited 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 is known under the name “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 he began as a trader, Superman has amassed over $5.5 million in trading profits. Timothy Sykes Recommend Dvds Or Silver Subscription
The Superman Alerts plan is his offer of the most essential features and trading alerts geared toward those who may be interested. For $147/month, you’ll get access daily premarket stock watchlist along with the mobile app, daily market commentary in real time, and E-mail and SMS alerts.
The film “Superman” Paul Scolardi: Superman Pro
For the price of $247, you receive additional features, as well as access to the extensive knowledge base of information provided by Superman himself, via his Superman Pro package. In addition to the basic features that are included in the Alerts package, Superman Pro gives you weekly video lessonsthat include a growing library of all the previous ones. On top of that, you’ll also get the ability to access premium reports on research and the IPO or earnings monitor.
Profit.ly Plans and Costs
If you’re eager to join the online trading community and make a mark on the field, Profit.ly has the right amount of resources to get you started. Profit.ly offers three membership levels, each designed for traders at different levels. Let’s break down what these three levels are and what they’ll cost you.
Novice Plan
This package for novices is Profit.ly’s entry-level plan designed especially 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 indispensable trading tools, each of them integral in keeping your fingers on what can describe as a cutthroat process by itself.
Among the list of things you can accomplish using Profit.ly’s Novice package is the capability to check trades and track profits as well as leading, following and even chatting with your fellow traders; and leaving feedback on today’s trades. It also allows you to be on leaderboards, analyze, sort, or filter the trades you make; and lastly, look at other’s stats.
The Novice plan costs $29.95 per month. While it may look attractive just by the price but there’s a disadvantage. You aren’t able to create a personal profile, thus making your actions public. If you’re interested in have access to this feature, you should keep an eye on us as we present to you Profit.ly’s next plan.
The Trader Plan
The Trader package lets users to benefit from many of the features of the novice plan. In this plan, that you can create an individual profile that allows you to share with other associate users all your knowledge and intel in the trading community.
Priced at $49.95/month, Profit.ly’s Trader plan is exactly what it says catering to those who desire to improve their trading skills. While it’s nice but there’s one important aspect that’s not included. In contrast to the Novice package, this one won’t be able to view the statistics of other traders this might be a drawback for those who are anticipating this level. Timothy Sykes Recommend Dvds Or Silver Subscription
Pro Plan
This is by far the most premium package that Profit.ly offers to experienced traders. With $74.95 monthly, which includes an additional 22% discount for annual billing the Pro plan has everything. It gives you full, unlimited access to all the features of the previous plans combined.
Not only do you get to look at other people’s statistics, but you’re also given the chance to create your own private profile. Both of these options, plus the other benefits that you can use to the fullest potential. If you’re looking for an option that gives you with everything you require as trader with experience, the Pro level is the right choice for you!
Profit.ly’s Other Services
Apart from the provided trainer tools and leadersboards Profit.ly provides a variety of other services they provide. One of those is its online store, where customers can choose from a wide array of videos designed to inform and guide you through the ins and outs of trading. Each of the offerings 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 trader specialist Tim Grittani, Timothy Sykes’s library of DVDs and streaming-only content related to penny stocking, short stocking, and other aspects of trading. There are also clips and scenes from events like the Annual Pennystocking Conference, and other products by expert traders.
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The chat rooms that are integrated are included in Profit.ly’s array of services and features. You may be familiar with the concept of chat rooms since you will see it on social and messaging platforms, in addition to a few special websites that provide live chat assistance. But in Profit.ly it’s seen as a space where experts and their member traders can communicate and learn in real time. Every guru has their own style when it comes to running their chat room and dealing with the members there. One might be more laid back and not very often active, while another may be more interactive and online in their interactions with students. Think of chatrooms as Profit.ly’s version of the forum in essence.
Who is the Ideal Trader for Profit.ly?
Profit.ly’s wide range of products and features caters to a large variety of stock traders, from novices to experienced professionals. Given the wide range of options it can provide, the platform surely has something for everyone.
Newbies, for instance, will enjoy Profit.ly’s collection of educational content offered throughout the platform. They will also get daily videos and chat room tips by its internal gurus as well as their members. They’ll also be able choose from the items on its store online to carry with them wherever they go. You can also get hands-on experiences from trading within the platform, but ultimately, they will soon learn that the process is a risky game that should not be viewed as an opportunity to make fun of.
For the traders with decades of experience in the line, we believe Profit.ly equally suitable to them as those who are just starting. While novice traders may not be as adept at dealing with trading issues, the pros already understand how it works along with the stack full of risks that it carries. It is ideal to use Profit.ly’s range of options to their maximum advantage to develop their trading abilities. Like novices, they can learn from the top experts as well as experts, and take advantage of quick tips and tidbits to help them along.
Profit.ly’s ‘all-together’ nature doesn’t just apply to newbies and semi-experienced traders. Certified experts can also take part in the enjoyment! People in the trade industry who are at similar levels to Superman and Tim Sykes can also use up Profit.ly’s capabilities to display their expertise to other traders in order to assist them in the ever-changing trading process. Timothy Sykes Recommend Dvds Or Silver Subscription
Profit.ly’s Pros and Pros and
The Pros
- Profit.ly’s many capabilities as a “one-stop’ platform for trading stocks allows traders across the globe with an abundance of knowledge tools, communication, and trading tools
- You get to be provided with excellent lessons and tips from the inside experts, as well as collections of educational videos as well as trading in real-time.
- You’re guaranteed transparency throughout Profit.ly with accurate analytics and fellow traders that are waiting to reach you when something goes wrong.
- The leaderboard feature on the platform gives you the opportunity to increase your credibility as a trustworthy and dependable trader
- In addition to its primary capabilities, 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 subscription levels and guru packages are priced at affordable rates There is truly something for every person
The Cons
- Profit.ly’s abundance of packages and products offered may be too much for the majority of its customers
- Since traders can choose to open any kind of trade, there’s an opportunity that some them may take advantage by cherry-picking the best trades to increase the rating this could be a problem that shouldn’t be ignored.
- Profit.ly does not offer refunds as the premium customers will immediately benefit from the number of services that the platform can offer
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The Final Concluding Question is: Is Profit.ly worth it?
If we could think of the answer, it would be a ‘yes’. But you need to understand that the platform should not be used as a scheme to get rich quick. The platform wasn’t originally designed to be used to achieve this goal. Instead, it is best to keep the ability to think with an open heart. Timothy Sykes Recommend Dvds Or Silver Subscription
What we mean”yes” is that it can be a great learning tool. Those who may be stuck might discover Profit.ly’s variety of resources to be helpful in their efforts to incur lesser losses and perform better than they did before. It’s not only the struggling traders that will benefit from this platform. It is able to accommodate novices and even experts in the field!
If you really care about being better at trading and wish to be taught by your fellows and gurus along the way, then look no further – Profit.ly is a fantastic alternative to start.
FAQ Timothy Sykes Recommend Dvds Or Silver Subscription
How can you make use of Profit.ly to make your trades public?
Profit.ly includes the option of allowing trade entries within the My Trade’ category of the dashboard. It lets you record your trades, verifiable or otherwise. There are three options:
- Linking your account to the broker of choice and import trades directly from there
- Manually entering your trades into provided spaces and specifics
- Send a screen shot of your trades
How can I tell whether the trade can be verified or not?
If you purchase your trade from a reputable brokerage, there is a high probability that it’s verifiable. This is evident by the blue check mark. If you upload it manually or through pictures, it will be assigned as unverified.
The downside of having an unverified trade is the possibility of getting downvotes from your colleagues. If you receive too many negative votes, it could cause you to show up in the Madoff leaderboard, which is where the public are able to identify who is dishonest in posting trades.
Does the Profit.ly mobile app still available?
As of the moment, Profit.ly is still available for download on the Apple App Store and on the Google Play store. The mobile version of the app is compatible with most working smartphones and tablets.
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 trying to maximize profits but also help each other learn and improve in acquiring opportunities in the stock market all over the world.
