Stock trading is an exciting game with high stakes. On some days, you might enjoy the benefits of positive and satisfactory numbers. On other days, however it could be the reverse and it could be very difficult to get back to where you were at your most productive. If you find yourself constantly stuck in the gutter it is important to realize that relying on instinct and survival 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. Also, you’ll need a significant boost from your colleagues in the market from all over the globe, which is why we’ve discovered a platform that can support you in your growth in the industry. This review will be taking the time to 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. Do check out our article below, however, because it has a comprehensive overview of Profit.ly.
Total Rating: 4.1/5 Timothy Sykes Snapchat Username
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 enables traders of different levels to be informative and accountable, as well as transparent and encouraging each other through its broad range of features and tools including trade verification, chat rooms, and an enriched library of educational content.
How do I define Profit.ly?
Profit.ly is a site for trading that serves both as a learning and education platform for those who are starting out and also as a platform for traders who are experienced to monitor their performance with the help of cutting-edge analytics tools. It provides users with a vast range of resources for communication and trade that help traders from all walks of life network with each other. It also allows gurus to make an opportunity to invest in the right areas of the platform. Think of it as an online social media platform similar to Facebook and Reddit but with a focus on experts and traders.
Profit.ly independently validates trade performance and posts all the data of them in the manner of leaderboards. The platform for trading is built on transparency and honesty: it ensures that the transactions are legitimate and will not tolerate inauthenticity as much as is humanly 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 an interview with Forbes magazine Sykes stated that Profit.ly was based “on the transparency of the entire spectrum of trades, something which has never been previously done.” The idea was, he said, serving two objectives: one) keeping track of public data for everyone, not just the experts as well as newsletter writers and students and secondly) giving everyone on the platform to be enlightened by both the wins and losses for the trading industry’s benefit. Timothy Sykes Snapchat Username
How Does It Work?
Profit.ly is a subscription-based platform which allows stock traders to gain access to a multitude of services and features geared at achieving the success of their business. You may set up an account for free, but you’re only limited to having the ability to navigate through the leaderboards and monitor the actions of non-gurus. If you’re interested in investing your money to see which stocks the gurus are trading in real time it is necessary to sign up to one of Profit.ly’s offerings that we’ll go over shortly.
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 through the top of the leaderboard. Profit.ly’s leaders’ board feature as previously mentioned was designed to offer its users a look at their performance as a trading group as well as its experts. You’re not just allowed to demonstrate your worth to a large group of traders, but you can also use Profit.ly to purchase with a professional with the assurance that you’re comfortable of their knowledge and the legitimacy of their claims.
If you’re not comfortable with the concept of leaking information about your account with a brokerage, then you could decide to share your trades, verified or otherwise, through screenshots. In Profit.ly are the vast number of courses in trading as well as the ability to look at stats in a trader’s profile as well as other ways to interact with your experts through the chatroom as well as email and text alerts as well as updates.
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Meet the Founder: Tim Sykes
Timothy Sykes is a well-renowned day trading guru who has been famously known for his efforts in trades in penny stocks. According to Investopedia the term “penny stock” refers to a small-sized company’s shares that trade for under $5 for each share. The trading of penny stocks could be viewed as an avenue for small-scale businesses to make the transition to a market that is larger as they can access money from the general public. But don’t be mistaken – it can also be a high-risk game, which Sykes will be able to tell you through his many years of experience.
From his beginnings in his late years in high school, Tim Sykes has, since then, made over $6 million of profits throughout his illustrious career as a trader. At the age of 25, he had been given more exposure and a wider impact when he was a part of the reality show “Wall Street Warriors.” Then, he took advantage of it to create trading rooms and penny stock themes as well as educational content targeted at those who are just beginning to learn about trading. He also played a role in establishing Profit.ly as a platform for transparency, and to allow the community to rise and compete with each other through the platform.
The Profit.ly Gurus
One of Profit.ly’s amazing features is the variety of educational sources, trade alerts and other helpful stuff provided by the platform’s in-house gurus. Gurus are referred to experts in the field of trading who have earned substantial amounts of money through their years of knowledge. Timothy Sykes Snapchat Username
At its height, Profit.ly had housed up to five gurus. Each of them an expert in their field of expertise within the world of trading. Some of the most famous gurus included Connor Bruggermann, Nathan Michaud of Investors Underground, and Triforce among others. As of this writing, there are only two gurus who remain on this platform: Founder of the penny stock market Tim Sykes and veteran smallcap swing trader Paul Scolardi, also known as Superman. With that taken into consideration, let’s take a look at the packaged offers each guru offers.
From Tim Sykes Tim Sykes
Sykes provides basic stock trading services with the main priority being penny-priced day trading with Tim’s Alerts. The cost is $74.95 monthly, you will see him focus on the fundamental catalysts for stocks and utilize them to predict the next move that is possible when trading.
A standalone purchase in Tim’s Alerts will get you access to the chatroom, as well as the mobile app available on iOS and Android devices, as well as email, text and push alerts; as well as a daily watchlist of stocks.
from Tim Sykes: The Pennystocking Silver Package
Pennystocking Silver is the most premium version that has been upgraded of the Tim’s Alerts package. It costs $149.95 per month, this is an ideal plan for those who are invested in penny stock trading. Pennystocking Silver comes with all the standard features found in earlier plans such as alerts for swing trading and access to a library of more than 7,000 instructional videos that are updated each week.
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The following video is from “Superman” Paul Scolardi: Superman Alerts
Scolardi, who goes by the name “Superman,” is a swing trading professional with an eye for small-cap monumental stocks and crazy-accurate marketing forecasts. Since he began as a trader, Superman has amassed over $5.5 million in all-time trading earnings. Timothy Sykes Snapchat Username
The Superman Alerts plan is his package of vital features and trading alerts geared toward those who may be interested. For $147 per month, you’ll gain access to the daily stock watchlist that is premarket and the mobile app, the daily market commentary shown in real time, and E-mail and SMS alerts.
From “Superman” Paul Scolardi: Superman Pro
For the price of $247, you receive additional features, as well as access to an extensive base of knowledge of information provided by Superman himself, via Superman Pro. Superman Pro package. Alongside the standard features that are included in the Alerts plan, Superman Pro gives you weekly video lessonsthat include a growing library of all previous lessons. On top of that you’ll also gain an access to high-quality research papers 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 leave a mark in the field, Profit.ly has the right amount of tools to get you started. Profit.ly offers three membership tiers, each designed for traders at different levels. Let’s break down what these three levels are and what they’ll cost you.
Novice Plan
The Novice package is Profit.ly’s entry-level plan designed especially for people who are brand new to the trading community. Once you have signed up for this plan you’ll be given a slew of robust and vital trading tools, all one of them essential in keeping your fingers on what can describe as a cutthroat procedure in its own.
Some of the features you can accomplish with Profit.ly’s Novice program is the ability to verify trades and track profits; leading, following and even chatting with other traders; and providing feedback on trades today. You can also get onto leaderboards; study your trades, sort or filter the trades you make; and, lastly, view the statistics of other traders.
The Novice plan is $29.95 per month. Although it might look appealing just by the price, there is a downside. It isn’t possible to create a private profile, thus making your actions public. If you do want to get an account with this option, be watching for us to introduce to you Profit.ly’s next strategy.
Trader Plan
The Trader plan allows users to benefit from a majority of features from the novice plan. This plan allows that you can set up an account that is private for sharing with fellow associates all your insights and knowledge you gain from this trading group.
Costing $49.95/month, Profit.ly’s Trader plan does what the name suggests caters people who want to develop their expertise in trading. Although it’s a nice thing but there’s one important feature that is missing. In contrast to the Novice package, you will not be able to see other traders’ stats, which could be a disadvantage for those who are looking forward to this tier. Timothy Sykes Snapchat Username
Pro Plan
This is by far the most expensive plan Profit.ly could offer for seasoned traders. With $74.95 per month, with 22% off when billed annually This plan offers it all. You will have full, unrestricted access to all options of the previous plans combined.
In addition, you’ll be able to look at other people’s statistics as well, you’re also offered the chance to create a private profile. These two features are on top of all the advantages that you can utilize to the fullest potential. If you’re looking for a plan that can serve you with everything you require as an experienced trader, the Pro plan is the right choice for you!
Profit.ly’s Other Services
In addition to the trainer tools and leadersboards Profit.ly has a few additional services that it can provide. One of them is the online store, which allows users to select from a variety of videos that are designed to educate and help you understand the nuances and pitfalls of trading. All of the products featured in this section of the site can be bought immediately for your personal use. Some of these include bestsellers like the “Trading Tickers” series from trading expert Tim Grittani, Timothy Sykes’s collection of DVDs, streaming-only content about penny stocking, short stocking, as well as all aspects of trading. There are also clips and clips from events like the Annual Pennystocking Conference, and items from other experts in trading.
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The integrated chat rooms are as well part of Profit.ly’s array of features and services. You are probably familiar with the concept of the chat room as you can see it across messaging and social platforms, as well as some specialty websites that offer live chat support. However, in Profit.ly it’s seen as a space where experts and their members trade and exchange knowledge in real-time. Every guru has their own way when it comes to running their chat room and in dealing with the members there. One might be laid back and not very often active, while another may be more online and communicative to their pupils. 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 are geared towards the wide range of stock trader types, from novices to the most experienced. With the variety of deals it has to offer, the platform surely has something for everyone.
Newbies, for instance, will enjoy Profit.ly’s collection of educational materials available across the platform. In addition, they will get daily videos and chat room tips from its in-house gurus and members. They’ll also be able to select from the products in its online store to carry with them wherever they be. You can also get hands-on experience trading on the platform, however they’ll be able to realize that the process is a high-stakes game that shouldn’t be treated as an opportunity to make fun of.
For traders who have many years of experience down the road, we consider Profit.ly equally suited to them as people who are just beginning. Although the novices might not be as proficient in dealing with trading issues, the pros already understand how it works along with the stack full of risks that come with it. Ideally, they may make use of Profit.ly’s range of options to their maximum advantage to enhance their trading skills. Like beginners, they can learn from the experts and experts and utilize those quick tips and tidbits to help them along.
Profit.ly’s ‘all-together’ nature isn’t limited to novices as well as semi-seasoned traders. Experts who have been verified can also participate in the fun! Those in the trading industry who are on similar levels to Superman and Tim Sykes can also use Profit.ly’s capabilities. Profit.ly’s abilities to show off their skill to others as a way to navigate them through the ever-changing trading process. Timothy Sykes Snapchat Username
Profit.ly’s Pros and Cons
The Pros
- Profit.ly’s numerous capabilities as a “one-stop’ stock trading platform enable traders from all over the world with tons of learning, communication, and trading tools
- You’ll be taught by experts and tips from the internal experts, which include video libraries that teach you how to learn and trading in real-time.
- You’re guaranteed transparency throughout Profit.ly by using accurate data and fellow traders that are waiting to reach you out if something occurs.
- The leaderboard feature of the platform offers you the opportunity to increase your reputation as a reliable and verifiable trader
- Apart from its main abilities, Profit.ly also gives its customers extra options that can be tailored to their needs, like posting unauthentic trades via screenshots
- Profit.ly’s wide array of packages and subscription levels are priced at reasonable prices – there truly is something for all
The Cons
- Profit.ly’s numerous packages and products offered may be too much for a lot of its users
- If traders decide to make any type of trade, there’s an opportunity that some them could profit from selecting the best trades in order to boost their rating this could be a concern that should not be ignored.
- Profit.ly does not offer refunds as the premium customers are expected to immediately benefit from the many services the platform has to provide
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The Final Verdict The Final Verdict: Is Profit.ly Valued?
If we were able to come up with an answer to this question, it’s yes. However, you must realize that it shouldn’t be treated as a scheme to get rich quick. It wasn’t intended to be created for this reason. Instead, you need to have an open mind. Timothy Sykes Snapchat Username
What we do mean by ‘yes’ is that it is a fantastic learning tool. For those who are struggling, they could find Profit.ly’s array of resources useful as they do their best to incur lesser losses and perform better than they did before. Not only poor traders that can profit from the platform. It will be able to accommodate beginners as well as even experts!
If you really care about being a better trader and want to learn from your fellows and gurus on the way, look no further – Profit.ly may be a great option to begin.
FAQ Timothy Sykes Snapchat Username
How can you make use of Profit.ly to publish your trades?
Profit.ly offers an entry section for trades in the “My Trade category on the dashboard which lets you record your trades, verifiable or not. You may choose between three options:
- Linking your account to the brokerage of choice and importing transactions directly through there
- Manually entering your trades using provided spaces and specifics
- Take a photo of your trades
What can I do to determine 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 shown by 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 unverified trade is the risk of getting downvotes from your friends and colleagues. A large number of downvotes could cause you to show up on the Madoff leaderboard, where people can detect who’s being fraudulent in posting trades.
Is the Profit.ly mobile app still in use?
As of the moment, Profit.ly is still available for download on the Apple App Store and the Google Play store. The mobile app version is compatible with the majority of operating tablets and smartphones.
How many are on Profit.ly?
Profit.ly currently houses over 150,000 investors and traders, since they’re not just trying to maximize profits but also help each other learn and improve in acquiring opportunities on the stock market all over the world.
