The stock market can be an extremely risky game. On some days, you could enjoy the benefits of pleasing and positive numbers. However, on other days, the opposite may happen and it could be extremely difficult to return to where you were your best. If you find yourself immersed in the water, you will have be aware that relying solely on instinct and survival might not be enough.
If you’ve suffered losses from time to time You’ll need solid advice from seasoned and tested trading experts. You’re also gonna need an enormous boost from your colleagues in the market from all over the globe. That’s why we’ve identified an online platform that will help you in your growth within the field. We’ll be taking an in-depth 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. Do check out our article below, however, because it has a comprehensive overview of Profit.ly.
Overall Rating: 4.1/5 Timothy Sykes School Bali
The User’s Experience 4.5/5
Profit.ly offers an internet-based trading service that enables traders of different levels to be informed responsible, transparent, and to build relationships with one another through its wide variety of tools and features including trade verification, chat rooms and a rich library of educational content.
What exactly is Profit.ly?
Profit.ly is a trading site which serves as a learning and education platform for people new to trading as well as a place for traders with experience to keep track of their performance using the aid of sophisticated analytics tools. It provides users with a vast array of options to facilitate trade and communication, it helps traders from all walks of life network with each other. It offers gurus with worthy investments within the boundaries that the site. Imagine it as the social media equivalent like Facebook and Reddit, but for experts and traders.
Profit.ly independently verifies trade performances and then publishes the information from them in the form of leaderboards. The trading platform is built on trust and transparency. it makes sure that trades are authentic and won’t accept fake news as long as is humanly possible. It was created years ago by the penny expert in stock trading and investment guru Timothy Sykes, along with fellow expert Michael Mosseri.
One time during his interview for Forbes magazine, Sykes stated that Profit.ly was driven by its focus “on showing all trades, something that has never been prior to.” The concept, he added, served two objectives: one) making public records for everyone, not just the experts as well as newsletter writers and students, and 2) giving everyone on the platform to gain insight into both the wins and losses to benefit the industry of trading. Timothy Sykes School Bali
How Does It Perform?
Profit.ly utilizes a subscription model that allows stock traders to have access to a range of features and services aimed at achieving achievement. You can create an account there at no cost, however you’re only limited to having access to the leaderboards and monitor the activities of people who aren’t gurus. If you’re looking to invest your money and see which stocks the gurus are trading in real-time You’ll need to sign up to one of Profit.ly’s offerings, which we will go over shortly.
Setting up an account is easy: create an account that includes your personal information and skills, join to your brokerage account and you have yourself a chance to shoot your way up to the top of the leaderboard. Profit.ly’s leaderboard feature, as mentioned previously, is designed to give its users a glimpse of their performance as a trading group and its experts. It’s not just a way to prove value to a community of traders, as you are also able to use Profit.ly to buy with a professional with the assurance that you’re confident of their knowledge and the legitimacy of their assertions.
If you feel uneasy with the idea of divulging the details of your broker account then you could opt to post your trades, either verified or not, by taking pictures. In Profit.ly is the huge selection of courses in trading and the capability to see stats in a trader’s profile and other methods to communicate with your gurus in the chatroom, along with notifications via email or text as well as updates.
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Meet the Founder: Tim Sykes
Timothy Sykes is a well-renowned day trading personality who has been famously known for his involvement in the penny-stock market. According to Investopedia the term “penny stock” refers to a small company’s stock which trades at less than $5 per share. The penny stock market could be viewed as an avenue for small-scale businesses to make the transition to a market that is larger as they can access funds from the public. But don’t be mistaken – it can also be a high-risk game, which Sykes is sure to reveal through his many years of experience.
Beginning at the end of his time in High School, Tim Sykes has, since then, made more than $6 million in profit throughout his illustrious career as trading professional. At 25 years old Sykes was given greater exposure and a larger reach of influence when he was a part of the reality TV show “Wall Street Warriors.” He then made use of the show to develop trading rooms and penny stock themes as well as educational content targeted at those who are new to the trading field. He also helped establish Profit.ly as a place for transparency, and for the community to lift each other up and compete against each other through the platform.
The Profit.ly Gurus
One of Profit.ly’s most appealing features is the variety of education tools, trade alerts as well as other useful information provided by the company’s internal gurus. The gurus in question refer to the experts in trading who have earned significant amounts of profit from their combined years of experience. Timothy Sykes School Bali
At its height, Profit.ly had housed up to five gurus, all of them a professional within their particular field in the field of trading. Some of the most famous experts 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 this platform: 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 offers.
From Tim Sykes Tim Sykes
Sykes offers a basic stock trading service with the main priority being penny stock day trading through Tim’s Alerts. Costing $74.95 for a month you’ll be able to see him focus on the fundamental stock catalysts and use them to forecast the next moves that could occur when making trades.
A standalone purchase of Tim’s Alerts will get you access to the chatroom and the mobile app available for iOS and 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 premium, upgraded version of the Tim’s Alerts program. Priced at $149.95 monthly, it is an ideal plan for investors who are committed to the penny-stock market. Pennystocking Silver comes with all the standard features of prior plans, including swing trading alerts as well as unlimited access to a rich collection of more than 7,000 educational videos that are updated weekly.
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In “Superman” Paul Scolardi: Superman Alerts
Scolardi who goes under the name “Superman,” is a swing trading professional with an eye for small-cap monumental stocks and crazy-accurate marketing forecasts. Through the years since he began as a trader, Superman has amassed over $5.5 million in trading profits. Timothy Sykes School Bali
The Superman Alerts plan is his offer of the most essential features and alerts on trading geared to those interested. For just $147 per month, you’ll have access daily stock watchlist that is premarket along with the mobile app, daily market commentary in real time, and E-mail and SMS alerts.
From “Superman” Paul Scolardi: Superman Pro
For $247 per month, you can enjoy additional features and access to a knowledgeable base that is provided by Superman himself via Superman Pro. Superman Pro package. In addition to the basic features featured in the Alerts plan, Superman Pro gives you weekly video lessonsthat include an ever-growing library of previous lessons. On top of that, you’ll also get the ability to access premium reports on research and an IPO as well as earnings tracking tool.
Profit.ly plans and costs
If you’re looking to join the trading community on the internet and leave a mark in the market, Profit.ly has the right amount of tools to get you going. The platform has three membership tiers that are designed to accommodate traders at different levels. Let’s break down what these three tiers are and how much they will cost you.
The package called Novice is Profit.ly’s beginning-of-the-line plan specifically for those who are just beginning their journey to the world of trading. When you sign up for this plan, you will be immediately provided with a variety of powerful and indispensable trading tools, each one of them essential in keeping your fingers on what call a competitive procedure in its own.
Among the list of things you can do with Profit.ly’s Novice program is the ability to confirm the results of your trades and track profit and follow-up, leading and even chatting with other traders; and providing feedback on trades today. You can also get on leaderboards; analyze the results of your analysis, sort, as well as filter trades and, finally, see the statistics of other traders.
The Novice plan costs $29.95 per month. Although it might look appealing for the price alone but there’s a disadvantage. It isn’t possible to create a private account, making your personal information public. If you’re looking to have the benefit of this service, stay tuned as we introduce to you Profit.ly’s new plan.
The Trader Plan
The Trader package lets users to benefit from the majority of features available in The Novice package. This plan allows that you can create an individual profile that allows you to share with fellow associate users all the insights and knowledge you gain from this trading group.
Costing $49.95/month, Profit.ly’s Trader plan is exactly what it says caters to those who desire to develop their trading skills. Although it’s a nice thing however, there’s a crucial aspect that’s not included. As opposed to the prior Novice package, you will not be able to view other traders’ statistics this might be a drawback for some who may be eager to try this new tier. Timothy Sykes School Bali
The Pro plan is the highest luxurious package Profit.ly offers to experienced traders. With $74.95 per month, and an additional 22% discount when billed annually the Pro plan has everything. You will have full, unrestricted access to all the features from the two previous plans combined.
Not only do you get to view other people’s stats, but you’re also given the opportunity to create an individual profile. These two features are on top of all the benefits that you can use to the maximum extent. If you’re looking for a plan that can serve all the features you need to be trader with experience, the Pro tier could be the right choice for you!
Profit.ly’s Other Services
In addition to the tools for training and leadersboards Profit.ly has a few other services they provide. One of these is its online store, where customers can select from a variety of instructional videos that are created to provide guidance on the ins and outs of trading. Each of the offerings listed on this page of the site can be immediately purchased for personal use. These include best-selling products 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 all other things trading-related, clips and footage from The Annual Pennystocking Conference, and products from other expert traders.
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Chat rooms integrated into Profit.ly are included in Profit.ly’s range of features and services. You may be familiar with the concept of chat rooms since you can see it across social and messaging platforms in addition to a few special websites that offer live chat support. However, in Profit.ly it’s seen as a area where experts and members can interact and share knowledge in real-time. Every guru has their own style in operating their chat room and in dealing with the members. One might be a laid-back person who is not very often active, while another may be more online and communicative in their interactions with students. Consider chat rooms like Profit.ly’s version of the forum in essence.
Who is the best trader to Profit.ly?
Profit.ly’s variety of offerings and features caters to a large variety of stock traders, ranging from novices to experienced professionals. With the variety of deals it offers it is certain to have something for every person.
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 from the in-house experts and members. They’ll also be able pick from the merchandise available from its online store to carry with them wherever they travel. You can also get hands-on experience trading on the platform, but ultimately they’ll realize that this is a high-stakes game that shouldn’t be treated as an amusing pastime.
For the traders with many years of experience down the road, we consider Profit.ly equally suitable for them as it is for the newcomers. While novice traders may not be as adept at handling trading matters but the experts already know how it works and the risky mix that come with it. It is ideal to use Profit.ly’s array of features to their full advantage to improve their skills in trading. Like beginners, they can study from the gurus as well as experts, and take advantage of quick tips and tidbits throughout the process.
Profit.ly’s “all-in” approach does not only apply to beginners and semi-experienced traders. Certified experts can also take part in the fun! Those in the trading industry who are on an equal level with Superman and Tim Sykes can also use up Profit.ly’s capabilities to display their skill to others in order to guide them through the ever-illustrious trading process. Timothy Sykes School Bali
Profit.ly’s Pros and Pros and
- Profit.ly’s numerous capabilities as a “one-stop” platform for trading stocks allows traders from all over the world with an abundance of knowledge communications, trading, and communication tools
- You will be provided with excellent lessons and advice from the company’s in-house gurus, including libraries of educational videos and real-time trading activities
- You can be sure of complete transparency through Profit.ly with precise analytics as well as fellow traders who are ready to reach you out whenever something happens
- The platform’s leaderboard feature gives you the chance to establish your reputation as a reliable and authentic trader
- In addition to its primary features, Profit.ly also gives its customers additional options to meet their preferences, such as posting unauthentic trades via photographs
- Profit.ly’s diverse range of packages and subscription levels are priced at affordable rates There’s something for every person
- Profit.ly’s numerous packages and services offered could be too much for a lot of its users
- As traders may opt to post any kind of trade, there is the possibility that some of them could profit from cherry-picking the best trades to improve their ratings this could be a problem that shouldn’t be ignored.
- Profit.ly does not accept refunds, as its premium users are expected to immediately take advantage of the numerous services that the platform can offer
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The Final Verdict The Final Verdict: Is Profit.ly Valued?
If we could think of an answer to this question, it would be yes. But it is important to realize that this platform shouldn’t be viewed as a scheme to get rich quick. The platform was not always intended to be created to achieve this goal. Instead, you need to have curiosity. Timothy Sykes School Bali
What we mean by ‘yes’ is that it could be a useful learning tool. For those who are struggling, they might find Profit.ly’s range of resources to be helpful in their efforts to reduce loss and perform better than before. It’s not only the struggling traders that will benefit from the platform. It can accommodate beginners and even experts in the field!
If you truly care about being a better trader and want to be taught by your mentors and peers throughout the process, then take a look at Profit.ly. Profit.ly could be a good option to begin.
FAQ Timothy Sykes School Bali
How can you make use of Profit.ly to make your trades public?
Profit.ly has an entry section for trades under the “My Trade category on the dashboard that lets you post your trades that are verified or not. There are three choices:
- Linking your account with your broker of choice and import transactions directly through there
- Manually entering your trades into specified spaces and information.
- Send a screen shot of your trades
How do I know if the trade is verifiable or not?
If you import your trade from a trusted brokerage, there is a high likelihood that it can be verified. This is indicated with the small blue check. If you post it in a manual way or by taking pictures, it will be classified as unverified.
The disadvantage of an unauthentic trade is the risk of receiving negative feedback from friends and colleagues. A large number of downvotes could result in you appearing on the Madoff leaderboard, where people can see who’s fraudulent in posting trades.
Does the Profit.ly mobile application still available?
At the time of writing, Profit.ly is still available to download via the Apple App Store and on the Google Play store. The mobile app version works with all functioning tablets and smartphones.
How many people are 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 to help one another learn and improve in acquiring opportunities on the stock market left and right.