Stock trading can be an extremely risky game. On certain days, you may be reaping the benefits of positive and satisfying numbers. On other days, however, the opposite may happen and it could be extremely difficult to get back to where you were your peak. If you are immersed in the water it is important be aware that relying solely on your instincts and preserving might not be enough.
If you’ve been incurring loss from time to time You’ll need sound advice from tried-and-tested trading experts. You’re also gonna need a significant boost from your colleagues in the market from all over the globe. That’s why we’ve discovered an online platform that will help you to improve your performance in the market. In this review, we’ll take a look at Profit.ly, a well-recognized 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 Stocks To Trade
Users Experience 4.5/5
Profit.ly can be described as an online platform for trading that allows traders of different levels to be knowledgeable responsible, transparent, and encouraging each other by offering a wide range of features and tools including chat rooms, trade verification, and an enriched library of educational content.
What exactly is Profit.ly?
Profit.ly is a trading site that functions as a learning and training platform for those new to trading as well as a place for experienced traders to track their performance through the use of cutting-edge analytics tools. Providing users with a wide variety of tools to facilitate trade and communication and letting traders from all walks of life network with each other. It gives the gurus worthwhile investments within the confines of this platform. Think of it as a social media site akin to Facebook and Reddit, but for experts and traders.
Profit.ly independently validates trade performance 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 transactions are legitimate and will not tolerate inauthenticity as much as possible. It was founded many years ago by penny stock trade expert and investment guru Timothy Sykes, along with his colleague Michael Mosseri.
In an interview for Forbes magazine Sykes stated that Profit.ly was motivated by its focus “on the transparency of every trade, something that was never previously done.” The idea was, he said, serving two objectives: one) creating public track records for all traders, not just the gurus as well as newsletter authors and students and secondly) making it possible for anyone on the platform to be enlightened by both the wins and losses for the trading industry’s benefit. Timothy Sykes Stocks To Trade
How Does It Perform?
Profit.ly is a subscription-based platform which allows stock traders to have access to a range of tools and services that are geared towards achieving the success of their business. You can create an account on the site for free, but you’re limited to the capability to browse the leaderboard and follow the activities of people who aren’t gurus. If you’re ready to invest your money in order to find out which stocks the gurus are trading in real-time, you will need to join one of Profit.ly’s offerings that we’ll review in the coming days.
Making an account simple: Create a profile with your experiences and expertise, connect your brokerage account, and you’ll have a chance to shoot your way to high on the leaderboard. Profit.ly’s leaders’ board feature as previously mentioned was designed to offer its users an insight into their performance as a trading group and its experts. It’s not just a way to prove value to a group of traders, but you are also able to use Profit.ly to shop from a guru with the assurance that you’re confident of their knowledge and the credibility of their claims.
If you feel uneasy with the idea of sharing the details of your broker account then you could opt to post your trades, either verified or otherwise, through screenshots. In Profit.ly is the huge selection of courses in trading as well as the ability to look at statistics on a person’s profile and other methods to communicate with your gurus through the chatroom in addition to text and e-mail alerts and 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 delving his hands into penny stock trading. According to Investopedia, a penny stock refers to a small-sized company’s stock which trades at less than $5 per share. Penny stock trading can be seen as an opportunity for small companies to move to a market that is larger as they can access capital from the general public. But don’t make the mistake of thinking that it can also be an extremely risky activity, as Sykes is sure to reveal through his many years of expertise.
From his beginnings at the end of his time in the high schools, Tim Sykes has, since then, made an estimated $6 million profits throughout his illustrious career as trading professional. At 25 years old Tim Sykes had received greater exposure and a larger impact as a participant in the reality TV show “Wall Street Warriors.” He used the opportunity to create trading rooms and penny stock themes and educational content geared toward those who are new to trading. He also played a role in establishing Profit.ly as a place of openness, and for the community to lift each other up and compete against each other on the platform.
The Profit.ly Gurus
One of Profit.ly’s amazing features is the vast array of learning sources, trade alerts as well as other useful information provided by the in-house experts of the platform. The gurus in question refer to the experts in trading who have made substantial amounts of money from their combined years of experience. Timothy Sykes Stocks To Trade
At its peak, 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 prominent experts were Connor Bruggermann, Nathan Michaud of Investors Underground, and Triforce among others. At the time of writing, however, only two gurus remain on the 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 has to offer.
From Tim Sykes Tim Sykes
Sykes provides a basic stock trading service that focuses on penny-priced day trading with Tim’s Alerts. Costing $74.95 monthly, you’ll observe him focus on basic stock catalysts and employ them to forecast the next possible moves in trading.
A standalone purchase in Tim’s Alerts will get you access to the chatroom and the mobile application that is available to iOS and Android devices, as well as text, e-mail 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 program. Priced at $149.95 monthly, this is the perfect plan for those who are involved in the penny-stock market. Pennystocking Silver comes with all the standard features of prior plans, including swing trading alerts and unlimited access to an extensive library of more than 7,000 instructional videos and new videos released weekly.
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The following video is from “Superman” Paul Scolardi: Superman Alerts
Scolardi who is known under the name “Superman,” is a swing trading professional with an eye for both tiny-cap massive stocks as well as wildly accurate marketing forecasts. In the time since when he first started trading, Superman has amassed over $5.5 million in all-time trading profits. Timothy Sykes Stocks To Trade
The Superman Alerts plan is his offering of essential features and trading alerts geared toward those who may be interested. For $147/month, you’ll get an access to the day-to-day premarket stock watchlist as well as the mobile application, daily market commentary in real-time, as well as E-mail and SMS alerts.
The film “Superman” Paul Scolardi: Superman Pro
For the price of $247, you receive additional features and access to the extensive knowledge base provided by Superman himself, via his Superman Pro package. On top of the essentials featured in the Alerts plan, Superman Pro gives you daily video lessons, which include a growing library of all other previous ones. In addition, you’ll also get the ability to access premium reports on research as well as the IPO or earnings monitor.
Profit.ly Plans and Costs
If you’re looking to join the trading community on the internet and leave your mark on the field, Profit.ly has the right amount of resources to get you up and running. The platform offers three membership tiers, each designed for traders at different levels. Let’s look at what the three are and how much they will cost you.
The Novice package is Profit.ly’s beginning-of-the-line plan specifically for people who are brand new to the trading community. When you sign up for this package you’ll be given a slew of robust and vital trading tools, all of which is essential to keep your fingers on what could call a ruthless process by itself.
Among the list of things you can accomplish using Profit.ly’s Novice program is the ability to confirm trades and track profits as well as leading, following, and even messaging other traders; and giving feedback on the trades of today. You’re also allowed to get on leaderboards; analyze the results of your analysis, sort, or filter the trades you make and lastly, look at other’s stats.
The Novice plan is $29.95 per month. Although it looks attractive just by the price but there’s a disadvantage. You aren’t able to create a personal profile, thus making your personal information public. If you’re looking to gain the benefit of this service, stay tuned as we introduce to you Profit.ly’s next strategy.
The Trader Plan
The Trader plan allows you to use 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 other associate users all the insights and information you have gained from this trading group.
The price is $49.95/month, Profit.ly’s Trader plan is exactly what it says catering people who want to improve their skills in trading. While it’s nice, there is one significant aspect that’s not included. As opposed to the prior Novice package, you will not be able to see the statistics of other traders that could be a problem for some who may be anticipating this level. Timothy Sykes Stocks To Trade
The Professional plan can be described as the most premium package that Profit.ly offers to experienced traders. It costs $74.95 per month, which includes 22% off for annual billing This plan offers it all. It gives you full, unlimited access to all features from the two previous plans.
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 plus the other advantages that you can utilize to the fullest potential. If you’re in search of a plan that can serve you everything you need as an experienced trader, the Pro level is for you!
Profit.ly’s Other Services
In addition to the trainer tools and leaderboards, Profit.ly has a few other services they provide. One of these is its online store, which lets users select from a variety of video products that are designed to educate and guide you through the nuances and pitfalls of trading. The products listed on this page of the website can be immediately purchased for personal use. Some of these include bestsellers like”Trading Tickers, “Trading Tickers” series by trading specialist Tim Grittani, Timothy Sykes’s library of DVDs and streaming-only content related to short stocking, penny stocking, and all other things trading-related, clips and scenes taken from the Annual Pennystocking Conference, and products from other expert traders.
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The integrated chat rooms are also part of Profit.ly’s variety of services and features. You are probably familiar with the concept of the chat room as you can see it across social and messaging platforms and also on a few specialty websites that offer live chat assistance. But on Profit.ly it’s seen as a hands-on space where experts and their members trade and learn in real time. Each guru has their style when it comes to running their chat room and dealing with the listed members. One of them may be a laid-back person who is less active, while another may be more interactive and online to their pupils. Consider chat rooms like Profit.ly’s version of a forum, in essence.
Who is the ideal Trader for Profit.ly?
Profit.ly’s variety of offerings and features caters to the wide range of stock traders, from novices to the most experienced. Given the wide range of options it has to offer, the platform surely has something for all.
For instance, newbies will appreciate Profit.ly’s library of learning materials available across the platform. Not only will they get daily videos and chat room tips by its internal gurus and members. They’ll also be able choose from the items on its store online for them to take wherever they may travel. Additionally, they can gain practical experiences by trading through the platform, but eventually they’ll be able to realize that this is a risky game that shouldn’t be treated as an amusing pastime.
For those traders who have had years of exposure down the line, we see Profit.ly as equally as suitable to those who are just starting. Although the novices might not be as adept at managing trading but the experts already know how it works along with the risky mix that it carries. In the ideal scenario, they can utilize Profit.ly’s variety of features to their full advantage to enhance their trading abilities. As beginners, they are able to learn from the top experts as well as experts, and take advantage of short tips and tricks along the way.
Profit.ly’s ‘all-together’ nature does not only apply to beginners and semi-experienced traders. Experts who have been verified can also participate in the excitement! People in the trade industry who are at the same level as Superman as well as Tim Sykes can also use the power of Profit.ly’s capabilities to showcase their expertise to other traders as a way to guide them through the ever-illustrious trading process. Timothy Sykes Stocks To Trade
Profit.ly’s Pros and Pros and
- Profit.ly’s numerous capabilities as a “one-stop” stock trading platform allows it to provide traders everywhere with tons of learning tools, communication, and trading tools
- You’ll be provided with excellent lessons and advice from the company’s inside experts, as well as libraries of educational videos and live trading activity.
- You can be sure of complete transparency through Profit.ly with precise analytics as well as fellow traders that are waiting to reach you out whenever something happens
- The leaderboard feature on the platform gives you a way to build your reputation as a reliable and dependable trader
- In addition to its primary features, Profit.ly also gives its users extra options to suit their individual preferences, for instance, posting trades that are not authentic by taking screenshots
- Profit.ly’s diverse range of subscription plans and guru packages are priced at reasonable prices – there truly is something for every person
- Profit.ly’s numerous packages and services offered could seem overwhelming for a lot of its users
- As traders may opt to make any type of trade, there is a possibility that some of them will profit by selecting the best trades in order to improve their ratings – this may be a concern that should not be overlooked.
- Profit.ly will not allow refunds as its premium users will immediately benefit from the many services the platform has to provide
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The Final Concluding Question The Final Verdict: Is Profit.ly worth it?
If we could come up with an answer to this question, it would be an affirmative “yes”. However, you must realize that this platform shouldn’t be viewed as a get-rich-quick scheme. The platform was not always designed to be used to achieve this goal. Instead, you should have the ability to think with an open heart. Timothy Sykes Stocks To Trade
What we do mean by ‘yes’ is that it is a fantastic learning tool. For those who are struggling, they may find Profit.ly’s range of resources to be helpful as they do their best to incur lesser losses and perform better than they did before. It’s not just the struggling traders who will benefit from the platform. It can accommodate beginners and even experts!
If you truly want to become more successful in trading and would like to be taught by your fellows and gurus along the way, then take a look at Profit.ly. Profit.ly may be a great choice to start.
FAQ Timothy Sykes Stocks To Trade
What are the best ways to use Profit.ly to make your trades public?
Profit.ly has an entry section for trades under the My Trade’ category of the dashboard. It allows you to post your trades, either verified or otherwise. You may choose between three options:
- Connecting your account to your brokerage of choice and then importing the trades from that directly
- Manually entering your trades into the spaces provided and details
- Take a photo of your transactions
How can I tell whether the trade can be verified or not?
If you import your trade from a reputable brokerage, there’s the likelihood that it can be verified. This is shown 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 chance of getting downvotes from your fellow peers. Too many downvotes may cause you to show up on the Madoff leaderboard, where people can detect who’s being untruthful in submitting trades.
Does the Profit.ly mobile application still available?
At the time of writing, Profit.ly is still available to download via the App Store for Apple and on 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 traders and investors, since they’re not just looking to earn maximum profits but also assist each other to grow and learn more about acquiring stock market opportunities left and right.