Stock trading is an extremely risky game. On certain days, you might be reaping the benefits of positive and satisfactory numbers. However, on other days you may experience the opposite and it could be extremely difficult to return to the point you were at your best. If you find yourself immersed in the water it is important to recognize that relying on pure instinct and preservation might not be enough.
If you’ve experienced losses from time to time, you’re gonna be needing solid advice from seasoned and tested trading experts. Additionally, you’ll require an enormous boost from your trading partners from all over the globe, which is why we’ve found an online platform that will help you to improve your performance in the industry. We’ll be taking a look at Profit.ly is a well-known single-stop social platform to trade!
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.
Total Rating: 4.1/5 Timothy Sykes Shortstocking Dvd
Value: 4.1/5
Quality: 4.1/5
Costs: 4.1/5
Users Experience 4.5/5
Summary
Profit.ly can be described as an online platform for trading that enables traders of different levels to be informed and accountable, as well as transparent and to build relationships with one another through its wide variety of tools and features including chat rooms, trade verification, and an enriched library of educational material.
What exactly is Profit.ly?
Profit.ly is a site for trading that serves both as a learning and education platform for traders new to trading and as a hub for traders with experience to keep track of their performance through the use of advanced analytics tools. It provides users with a vast array of options for trade and communication, it helps traders from every field of business connect with each other. It gives the gurus worthwhile investments within the confines of this platform. Imagine it as a social media site akin like Facebook and Reddit however it is geared towards experts and traders.
Profit.ly independently checks the performance of trades and then publishes the information from them in the style of leaderboards. The platform for trading is built on trust and transparency. it ensures that the transactions are legitimate and will not allow for fraud as much as possible. It was established many years ago by penny stock trade expert and investment expert Timothy Sykes, along with fellow expert Michael Mosseri.
One time , during an appearance in Forbes publication, Sykes declared that Profit.ly was motivated by its focus “on the transparency of all trades, something that has never been prior to.” The concept Sykes said served two objectives: one) making public records for all traders, not just the gurus, but also the newsletter authors and students and secondly) making it possible for everyone on the platform to be enlightened by the losses and wins to the benefit of the trading industry. Timothy Sykes Shortstocking Dvd
How Does It Perform?
Profit.ly follows a subscription-based model which allows stock traders to benefit from a variety of tools and services that are geared at achieving achievement. You may set up an account there at no cost, however you’re limited to the ability to navigate through the leaderboard and follow the activities of non-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 join one of Profit.ly’s offerings, which we will review in the coming days.
The process of opening an account is simple: Create a profile with your experiences and skills, join to your brokerage account, and you’ll have the chance to climb your way up to at the very top of the list. Profit.ly’s leaders’ board feature as mentioned previously it is designed to provide its users a glimpse of their performance as a trading group as well as its experts. You’re not just allowed to prove that you’re worthy to the group of traders. You can also utilize Profit.ly to shop with a guru, and have the assurance that you’re comfortable in their skills and the legitimacy of their assertions.
If you feel uneasy with the concept of leaking information about your account with a brokerage, then you could opt to post your trades, whether verified or not, by taking pictures. Also included in Profit.ly are the vast number of trading courses and the capability to see statistics on a person’s profile and other methods to interact with your experts in the chatroom, along with email and text alerts as well as updates.
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Meet Tim Sykes, the founder: Tim Sykes
Timothy Sykes is a well-renowned day trader who is famously known for his involvement in trades in penny stocks. According to Investopedia the term “penny stock” is a small business’s shares that trade for just less than 5 cents per share. Penny stock trading is an opportunity for small-scale businesses to make the transition to a large marketplace as it allows them to access money from the public. However, don’t get it wrong – it can also be an extremely risky game, as Sykes can surely tell through his many years of expertise.
Since his initial beginnings at the end of his time in the high schools, Tim Sykes has, since then, earned an estimated $6 million profits during his long and successful career as trader. At 25 years old Sykes was given more exposure and a wider impact as a participant in the reality show “Wall Street Warriors.” Then, he made use of the show to establish trading rooms, penny stock themes, as well as educational content targeted at people who are brand new to the trading field. He also played a role in establishing Profit.ly as a place for transparency, and for the community to uplift and compete on the platform.
The Profit.ly Gurus
One of Profit.ly’s amazing features is the vast array of learning resources, trade alerts, and other helpful stuff provided by the platform’s in-house gurus. These gurus refer to the experts in trading who have earned significant amounts of profit from their collective years of expertise. Timothy Sykes Shortstocking Dvd
At its height, Profit.ly had housed up to five gurus. Each of them an expert in their niche in the field of trading. Some of the most prominent gurus included Connor Bruggermann, Nathan Michaud of Investors Underground, and Triforce as well as a handful of others. As of this writing, only two gurus remain on this platform: the founder of the penny stock market Tim Sykes and veteran smallcap swing trader Paul Scolardi, also known as Superman. In light of that, let’s take a look at the packaged offers each guru offers.
From Tim Sykes Tim Sykes
Sykes offers basic stock trading services with the main priority being penny stock day trading through Tim’s Alerts. The cost is $74.95 monthly, you’ll see him focus on the basic stock catalysts and employ them to forecast the next moves that could occur when trading.
A standalone purchase from Tim’s Alerts will get you access to the chatroom as well as the mobile app that’s available for iOS as well as 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, upgraded version of the Tim’s Alerts package. It costs $149.95 for a month it is a great option for investors who are committed to investing in penny stocks. Pennystocking Silver offers all the essential features of prior plans, which includes swing trading alerts as well as unlimited access to a library of more than 7,000 instructional videos that are updated each week.
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From “Superman” Paul Scolardi: Superman Alerts
Scolardi who is known under the alias “Superman,” is a trader who has an eye for both small-cap monumental stocks and crazy-accurate marketing forecasts. Through the years since the time he started trading, Superman has amassed over $5.5 million in total trading earnings. Timothy Sykes Shortstocking Dvd
The Superman Alerts package is his package of vital features and trading alerts targeted to those interested. For just $147 per month, you’ll have an access to the day-to-day stock watchlist that is premarket and the mobile application, daily market updates in real-time, as well as email and SMS alerts.
The film “Superman” Paul Scolardi: Superman Pro
For the price of $247, you receive additional features, plus access to the extensive knowledge base provided by Superman himself via his Superman Pro package. Alongside the standard features included in the Alerts package, Superman Pro gives you weekly video lessonsthat include a growing library of all previous lessons. On top of that, you’ll also get the ability to access premium reports on research as well as the IPO and earnings tracker.
Profit.ly Programs and Costs
If you’re looking to join the trading community on the internet and leave your mark on the market, Profit.ly has the right amount of resources to help you up and running. Profit.ly offers three membership tiers that cater to traders with different levels. Let’s take a look at what these three tiers are and how much they will cost you.
Novice Plan
The Novice package is Profit.ly’s entry-level plan designed especially for those who are new to the world of trading. As you sign to this plan, you will be immediately given a slew of robust and indispensable trading tools, each of which is essential to keep your hands on what we call a competitive procedure in its own.
Some of the features you can accomplish with Profit.ly’s Novice package include the ability to confirm the results of your trades and track profit as well as leading, following, and even messaging your fellow traders; and leaving feedback on today’s trades. You’re also allowed to get onto leaderboards; study the results of your analysis, sort, and filter your trades and, finally, see the statistics of other traders.
The Novice plan is $29.95 per monthly payment. Although it might look appealing for the price alone, there is a downside. You can’t create a private profile, thus making your personal information public. If you’re interested in get an account with this option, be watching for us to introduce to you Profit.ly’s new plan.
Trader Plan
The Trader plan allows you to use many of the features of the Novice plan. It is in this plan 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 trader’s community.
Costing $49.95/month, Profit.ly’s Trader plan will do what the name implies caters people who want to develop their expertise in trading. While it’s nice however, there’s a crucial feature that is missing. As opposed to the prior Novice package, you won’t be able to see other traders’ stats that could be a disadvantage for those who are eager to try this new tier. Timothy Sykes Shortstocking Dvd
Pro Plan
This is by far the most expensive plan Profit.ly can offer to experienced traders. With $74.95 each month which includes a 22% discount for billing annually, this tier has everything. You will have full, unrestricted access to all the options of the previous plans.
You’re not only able to see other users’ stats, but you’re also given the chance to create an individual profile. Both of these features, in addition to the advantages you’ll be able to use to the maximum extent. If you’re looking for a plan that can serve you everything you need as trader with experience, the Pro level is ideal for you!
Profit.ly’s Other Services
Apart from the trainer tools and leaderboards, Profit.ly offers a number of other services they offer. One of these is its online store, which allows users to pick from a range of videos designed to inform and provide guidance on the nuances and pitfalls of trading. The products listed on this page of the website can be purchased immediately for personal use. Some of these include bestsellers like”Trading Tickers, “Trading Tickers” series from trading professional 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 footage taken from events like the Annual Pennystocking Conference, and other products by expert traders.
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The chat rooms that are integrated are also part of Profit.ly’s array of features and services. You’re probably familiar with the concept of the chat room since you can see it across messaging and social platforms, as well as some specialty websites that provide live chat support. However, in Profit.ly the chat room is viewed as a real-time place where gurus and their members can interact and learn in real time. Every guru has their own style when it comes to running their chat room and in dealing with the members. One of them may be a laid-back person who is not very often engaged, while another could be more active and in touch with their students. Consider chat rooms like Profit.ly’s version of the forum in the essence.
Who is the Ideal trader to Profit.ly?
Profit.ly’s wide range of products and features are geared towards an array of stock traders, ranging from novices to experienced professionals. Considering the number of offers it can provide this platform definitely has something for every person.
Beginners, for instance, will enjoy Profit.ly’s knowledge-based content offered throughout the platform. In addition, they will be enriched with weekly videos and chat room tips by its internal gurus and their members. They’ll also be able choose from the items on its store online to carry with them wherever they may travel. They can also gain hands-on experience trading on the platform, but eventually, they will soon learn that trading is a risky game that shouldn’t be treated as an opportunity to make fun of.
For traders who have decades of experience in the line, we see Profit.ly equally suitable for them as it is for people who are just beginning. While the newbies may not be as well-equipped with handling trading matters, the pros already understand how it works along with the plethora of risks associated with it. Ideally, they may make use of Profit.ly’s range of features to their best advantage to develop their trading skills. As beginners, they are able to learn from the top experts and experts and utilize those simple tips and hints along the way.
Profit.ly’s ‘all-together’ nature isn’t limited to novices as well as semi-seasoned traders. Certified experts can also take part in the excitement! Trade professionals who are at similar levels to Superman and Tim Sykes can also use the power of Profit.ly’s capabilities to display their skill to others as a way to help assist them in the ever-changing trading process. Timothy Sykes Shortstocking Dvd
Profit.ly’s Pros and Cons
The Pros
- Profit.ly’s diverse capabilities as a “one-stop” stock trading platform enable traders from all over the world with tons of learning, communication, and trading tools
- You will be provided with excellent lessons and tips from the in-house gurus, including video libraries that teach you how to learn and live trading activity.
- You can be sure of complete transparency through Profit.ly by using accurate data and fellow traders that are waiting to reach you when something goes wrong.
- The leaderboard feature on the platform gives you a way to build your reputation as a reliable and authentic trader
- Apart from its main capabilities, Profit.ly also gives its customers additional options to meet their individual preferences, for instance, posting unauthentic trades via photographs
- Profit.ly’s variety of subscription plans and guru packages are priced at a reasonable cost There is truly something for all
The Cons
- Profit.ly’s bountiful stream of packages and services offered could not be enough for most of its users
- If traders decide to open any kind of trade, there’s the possibility that some of them could profit from picking the most profitable trades to improve their ratings – this may be a risk that shouldn’t be overlooked.
- Profit.ly will not allow refunds because its premium users are expected to immediately benefit from the number of services that the platform can provide
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The Final Concluding Question: Is Profit.ly Worth It?
If we could think of an appropriate answer for this query, it’s yes. But it is important to realize that the platform should not be used as a get-rich-quick scheme. The platform was not always intended to be created for this reason. Instead, it is best to keep the ability to think with an open heart. Timothy Sykes Shortstocking Dvd
What we do mean”yes” is it can be a great learning tool. People who are stuck could find Profit.ly’s range of resources helpful when they try their best to avoid losses and be more successful than they did before. Not only struggling traders that will profit from the platform. It will be able to accommodate beginners as well as even experts in the field!
If you truly desire to be more successful in trading and would like to be taught by your peers and experts on the way, you should look no further than Profit.ly. Profit.ly could be a good choice to start.
FAQ Timothy Sykes Shortstocking Dvd
How do you use Profit.ly to make your trades public?
Profit.ly has an entry section for trades in the My Trade section of the dashboard that lets you record your trades, either verified or otherwise. You may choose between three options:
- Linking your account to the brokerage of choice and then importing trades directly from there
- Manually inputting your trades with the spaces provided and details
- Upload a screenshot of your transactions
How do I know whether the trade is authentic or not?
If you purchase your trade from a reputable brokerage, there is an excellent probability that it’s verifiable. This is shown by the small blue check. If you submit it manually or through screenshots, it will automatically be classified as unverified.
The disadvantage of an unauthentic trade is the chance of receiving negative feedback from colleagues. If you receive too many negative votes, it could cause you to be listed at the top of the Madoff leaderboard, which is where the public can detect who’s being untruthful in submitting trades.
Are the Profit.ly mobile app still available?
At the time of writing, Profit.ly is still available for download on the App Store for Apple and the Google Play store. The mobile version of the app is compatible with the majority of functioning tablets and smartphones.
How many people are connected to Profit.ly?
Profit.ly currently houses over 150,000 traders and investors, since they’re not just seeking to make the most profit but also help each other develop and grow in their ability to take advantage of opportunities on the stock market left and right.
