Stock trading is an extremely risky game. On certain days, you could enjoy the benefits of positive and satisfactory numbers. On other days, however, the opposite may happen and it could be extremely difficult to get back to where you were at your peak. If you’re immersed in the water You will need to recognize that relying on instinct and survival may not always be enough.
If you’ve been incurring loss from time to time, you’re gonna be needing reliable advice from tested and tried trading experts. You’re also gonna need a significant boost from your colleagues in the market from all over the world, which is why we’ve identified an option that can help you in your growth in the industry. We’ll be taking the time to look at Profit.ly, a well-recognized 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.
Overall Rating: 4.1/5 Timothy Sykes Shorting Coupon
User Experience: 4.5/5
Profit.ly offers an internet-based trading service that permits traders of various levels to be informed, transparent, accountable, and uplifting with each other through its broad array of tools and features like chat rooms, trade verification, and an enriched library of educational content.
How do I define Profit.ly?
Profit.ly is a trading website that serves both as a learning and training platform for traders who are starting out and as a hub for experienced traders to track their performance with the help of sophisticated analytics tools. It provides users with a vast variety of tools for communication and trade and letting traders from all walks of life network with one another. It offers gurus with worthwhile investments within the confines that the site. Imagine it as a social media site akin the likes of Facebook and Reddit, but for experts and traders.
Profit.ly independently validates trade performance and publishes all data from them in the form of leaderboards. The platform’s trading model is based on trust and transparency. it ensures that the trades are authentic and won’t allow for fraud as much as possible. It was established many years ago by penny expert in stock trading and investment guru Timothy Sykes, along with fellow expert Michael Mosseri.
One time during his appearance in Forbes magazine Sykes declared that Profit.ly was motivated by its focus “on showing all trades, something that was never done before.” The concept, he added, served two goals: 1.) creating public track records for not just the gurus, but also the newsletter writers and students as well as) giving anyone on the platform to be enlightened by both losses and wins for the trading industry’s benefit. Timothy Sykes Shorting Coupon
How Does It Work?
Profit.ly utilizes a subscription model which allows stock traders to benefit from a variety of tools and services that are geared toward the success of their business. It is possible to create an account for free, but you’re only limited to having the capability to browse the leaderboard and observe the activities of people who aren’t gurus. If you’re looking to invest your money in order to find out what stocks the experts are trading in real-time it is necessary to subscribe to any of Profit.ly’s deals, which we will review in the coming days.
Setting up an account is easy: create an account with your experience and knowledge, then connect to your brokerage account and you’ll have a chance to shoot your way to at the very top of the list. Profit.ly’s leaderboard feature, as we’ve mentioned earlier was designed to offer its users a glimpse of the performance of the trading community as well as its experts. You’re not just allowed to prove value to a group of traders, but you can also use Profit.ly to purchase from a guru with the confidence that you are confident in their skills and the veracity of their assertions.
If you feel uneasy with the idea of divulging information about your account with a brokerage, then you could choose to publish your trades, either verified or not, by taking photographs. Also included in Profit.ly are a variety of trading classes, the ability to view stats in a trader’s profile, and more ways to communicate with your gurus via chatrooms along with text and e-mail alerts and updates.
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Meet the Founder: Tim Sykes
Timothy Sykes is a well-renowned day trader who is well-known for his efforts in trades in penny stocks. According to Investopedia the term “penny stock” refers to a small company’s shares that trade for less than $5 per share. The trading of penny stocks is an avenue for small businesses to transition into a larger market because it gives them access to funds from the general public. But don’t be mistaken – it can also be a high-risk game, which Sykes is sure to reveal thanks to his years of expertise.
Beginning in the latter years of High School, Tim Sykes has, since then, earned over $6 million of profits during his long and successful career as trading professional. At the age of 25, he had been given greater exposure and a larger impact as a participant in the reality show “Wall Street Warriors.” He then took advantage of it to create trading rooms and penny stock themes and educational material aimed at people who are brand new to trading. He also played a role in establishing Profit.ly as a place for transparency and for the community to uplift and compete with each other on the platform.
The Profit.ly Gurus
One of Profit.ly’s amazing features is the wide range of educational tools, trade alerts and other helpful stuff provided by the in-house experts of the platform. The gurus in question refer to the experts in trading who have earned significant amounts of profit through their years of experience. Timothy Sykes Shorting Coupon
At its height, Profit.ly had housed up to five gurus. Each of them a pro in their field of expertise in the trading industry. Some of the most famous gurus included Connor Bruggermann, Nathan Michaud of Investors Underground, and Triforce among others. As of this writing, only two gurus remain on the platform: Founder and 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 has to offer.
From Tim Sykes Tim Sykes
Sykes provides a basic stock trading service with the main priority being penny-stock day trading via Tim’s Alerts. Costing $74.95 for a month you will 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 as well as the mobile app that’s available for iOS and Android devices, as well as text, e-mail and push alerts; and a daily stock watchlist.
from Tim Sykes: The Pennystocking Silver Package
Pennystocking Silver is the premium version, with an upgraded version of Tim’s Alerts package. Priced at $149.95 for a month this is a great option for those who are involved in penny stock trading. Pennystocking Silver offers all the essential features of earlier plans including alerts for swing trading and access to an extensive library of over 7,000 educational videos and new videos released each week.
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The following video is from “Superman” Paul Scolardi: Superman Alerts
Scolardi who is known under the name “Superman,” is a trader who has an eye for massive stocks of the small-cap size and insanely accurate marketing forecasts. Through the years since the time he started trading, Superman has amassed over $5.5 million in total trading profits. Timothy Sykes Shorting Coupon
The Superman Alerts plan is his offer of the most essential features and trading alerts targeted to those interested. For $147/month, you’ll get an access to the day-to-day premarket stock watchlist along with the mobile app, daily market commentary shown in real-time, and email and SMS alerts.
From “Superman” Paul Scolardi: Superman Pro
For $247 per month, you can enjoy additional features and access to an extensive base of knowledge that is provided by Superman himself, via the Superman Pro package. On top of the essentials featured in the Alerts plan, Superman Pro gives you weekly video lessonsthat include an ever-growing library of the previous ones. In addition, you’ll also get the ability to access premium reports on research as well as the IPO and earnings tracker.
Profit.ly plans 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 resources to help you up and running. The platform offers three membership levels that cater to traders of different levels. Let’s look at what the three levels are and what 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. Once you have signed to this plan you’ll be offered a range of strong and indispensable trading tools, all of them integral in keeping your hands on what we can describe as a cutthroat procedure in its own.
The list of features you can accomplish using Profit.ly’s Novice program is the capability to check trades and track profits; leading, following and even chatting with your fellow traders, as well as providing feedback on trades today. You’re also allowed to get on leaderboards, analyze the results of your analysis, sort, and filter your trades; and, lastly, view other’s stats.
The Novice plan costs $29.95 per month. Although it looks attractive just by the price however, there’s a drawback. You can’t create a private profile, thus making your actions public. If you’re looking to gain the benefit of this service, stay tuned as we introduce to you Profit.ly’s new plan.
The Trader Plan
The Trader plan allows users to benefit from many of the features of the Novice plan. This plan allows that you are able to create an individual profile that allows you to share with fellow associate users all the insights and information you have gained from the trading community.
Priced at $49.95/month, Profit.ly’s Trader plan will do what the name implies: Cater for those looking to improve their trading skills. Although it’s a nice thing however, there’s a crucial feature that is missing. Unlike the previous Novice package, this one won’t be able to see the statistics of other traders, which might be a drawback for those looking forward to this tier. Timothy Sykes Shorting Coupon
The Pro plan is the most luxurious package Profit.ly offers to experienced traders. At $74.95 per month, with an additional 22% discount for annual billing, this tier has everything. It gives you full, unlimited access to all the features of the previous plans combined.
Not only do you get to see other users’ stats and data, but you also have the opportunity to create your own private profile. Both of these features, on top of all the advantages that you can utilize to the maximum extent. If you’re looking for an account that will give all the features you need to be trader with experience, the Pro level is for you!
Profit.ly’s Other Services
Apart from the provided trainer tools and Leaderboards Profit.ly has a few other services they provide. One of these is its online store, which lets users pick from a range of videos designed to inform and guide you through the nuances and pitfalls of trading. Each of the offerings listed in this section of the website can be immediately purchased for personal use. These include best-selling products like”Trading Tickers,” the “Trading Tickers” series by trading specialist Tim Grittani, Timothy Sykes’s collection of DVDs and streaming-only content about short stocking, penny stocking, as well as all aspects of trading. There are also clips and scenes taken from The Annual Pennystocking Conference, and items from other experts in trading.
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The chat rooms that are integrated are as well part of Profit.ly’s variety of services and features. You are probably familiar with the chat room since you can find it throughout messaging and social platforms, as well as some specialty websites that provide live chat assistance. But on Profit.ly the chat room is viewed as a real-time place where gurus and their members can interact and exchange knowledge in real-time. Every guru has their own way in running their chat rooms and dealing with the listed members. One might be more laid back and rarely active, while another might be more active and in touch to their pupils. Think of the chat rooms as 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 cater to the wide range of stock trader types, from beginners to experienced pros. Given the wide range of options it offers, the platform surely has something for everyone.
For instance, newbies will appreciate Profit.ly’s knowledge-based content offered throughout the platform. Not only will they be enriched with weekly videos and chat room advice by its internal gurus as well as their members. Additionally, they can pick from the merchandise available in its online store that they can take with them wherever they may travel. Additionally, they can gain practical experience trading on the platform, however they’ll be able to realize that trading is a risky game that shouldn’t be treated as a joke.
For traders who have years of exposure down the line, we believe Profit.ly equally suitable to the newcomers. Although the novices might not be as proficient in dealing with trading issues, the pros already understand how it works and the stack full of risks that come with it. Ideally, they may make use of Profit.ly’s array of features to their full advantage to enhance their skills in trading. As beginners, they are able to study from the gurus and experts , and use those quick tips and tidbits to help them along.
Profit.ly’s “all-in” approach isn’t limited to novices as well as semi-seasoned traders. Certified experts can also take part in the fun! Trade professionals who are at an equal level with Superman or Tim Sykes can also use the power of Profit.ly’s capabilities to display their skills to others as a way to navigate them through the ever-changing trading process. Timothy Sykes Shorting Coupon
Profit.ly’s Pros and Pros and
- Profit.ly’s numerous 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 taught by experts and tips from the inside experts, as well as collections of educational videos as well as real-time trading activities
- You’re assured of transparency throughout Profit.ly with precise analytics as well as fellow traders that are waiting to reach you out if something occurs.
- The leaderboard feature of the platform offers you the chance to establish your credibility as a trustworthy and dependable trader
- Apart from its core abilities, Profit.ly also gives its customers additional options to meet their preferences, such as posting unauthentic trades via screenshots
- Profit.ly’s variety of packages and subscription levels are priced at affordable rates There is truly something for all
- Profit.ly’s numerous packages and services offered could not be enough for the majority of its users
- As traders may opt to open any kind of trade, there’s the possibility that some of them could profit from cherry-picking the best trades to boost their rating – this may be a risk that shouldn’t be overlooked.
- Profit.ly does not offer refunds, as its premium users are expected to instantly benefit from the number of features the platform is able to provide
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The Final Concluding Question is: Is Profit.ly Worth It?
If we could come up with the answer, it would be yes. But you need to understand that it shouldn’t be treated as a scheme to get rich quick. The platform wasn’t originally meant to be designed for this reason. Instead, you need to have an open mind. Timothy Sykes Shorting Coupon
What we are referring to by ‘yes’ is that it can be a great learning tool. Those who may be stuck could discover Profit.ly’s range of resources helpful when they try their best to incur lesser losses and perform better than before. It’s not just the poor traders that can 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 along the way, then you should look no further than Profit.ly. Profit.ly is a fantastic option to begin.
FAQ Timothy Sykes Shorting Coupon
What are the best ways to use Profit.ly to make your trades public?
Profit.ly offers a trade entry portion under the ‘My Trade section of the dashboard. It lets you post your trades that are verified or otherwise. You may choose between three options:
- Linking your account with your brokerage of choice and then importing the trades from that directly
- Manually inputting your trades with specified spaces and information.
- Upload a screenshot of your transactions
How can I tell if the trade is verifiable or not?
If you import your trade from a trusted brokerage, there’s a high likelihood that it can be verified. This is shown by the small blue check. If you submit the information manually or via pictures, it will be classified as unverified.
The downside of having an unauthenticated trade is the chance of getting downvotes from your fellow peers. A large number of downvotes could result in you appearing at the top of the Madoff leaderboard, where people can detect who’s being fraudulent in posting trades.
Is the Profit.ly mobile app still available?
As of this writing, Profit.ly is still available to download from the Apple App Store and the Google Play store. The mobile version of the app is compatible with the majority of working smartphones and tablets.
How many people are on Profit.ly?
Profit.ly currently houses over 150,000 investors and traders as they not only are trying to maximize profits but also assist each other to grow and learn more about acquiring opportunities in the stock market left and right.