Stock trading can be a high-stakes game. On certain days, you might enjoy the benefits of positive and satisfactory numbers. However, on other days, the opposite may happen, and it may sometimes be very difficult to return to where you were your most productive. If you are constantly stuck in the gutter, you will have to realize that relying on your instincts and preserving might not be enough.
If you’ve suffered losses from time to time and you’re likely to require sound advice from tried-and-tested trading experts. Additionally, you’ll require an enormous boost from your fellow traders from around the globe, which is why we’ve found a platform that can support you in your improvement within the field. We’ll take 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. To get a comprehensive overview of Profit.ly, you may still want to check out our article below.
Overall Rating: 4.1/5 Timothy Sykes Supernova Alerts
Value: 4.1/5
Quality: 4.1/5
Costs: 4.1/5
The User’s Experience 4.5/5
Summary
Profit.ly can be described as an online platform for trading that permits traders of all levels to be informed responsible, transparent, and uplifting with one another through its wide variety of tools and features including trade verification, chat rooms and a rich library of educational content.
How do I define Profit.ly?
Profit.ly is a site for trading which serves as a learning and training platform for people new to trading and also as a platform for traders with experience to keep track of their performance through the use of sophisticated analytics tools. It provides users with a vast array of options for trade and communication and letting traders from all walks of life connect with one another. It offers gurus with worthwhile investments within the confines of the platform. Think of it as an online social media platform similar like Facebook and Reddit but with a focus on professionals and traders.
Profit.ly independently checks the performance of trades and then publishes the information from them in the form of leaderboards. The platform’s trading model is based on transparency and honesty: it guarantees that the trades are authentic and won’t tolerate inauthenticity as much as possible. It was created in the past by penny expert in stock trading and investment guru Timothy Sykes, along with his colleague Michael Mosseri.
One time , during an interview for Forbes publication, Sykes said that Profit.ly was driven by its focus “on showing the entire spectrum of trades, something which was never done before.” The idea, he added, served two objectives: one) keeping track of public data for everyone, not just the experts and students and newsletter writers and secondly) allowing all users to gain insight into the losses and wins for the trading industry’s benefit. Timothy Sykes Supernova Alerts
How Does It Perform?
Profit.ly utilizes a subscription model that allows stock traders to have access to a range of services and features geared towards achieving the success of their business. You may set up an account there for free, but you’re only limited to having the capability to browse the leaderboards and monitor the activities of non-gurus. If you’re looking to invest your money to see what stocks the experts are trading in real-time it is necessary to join one of Profit.ly’s deals that we’ll review in the coming days.
Setting up an account is easy: create a profile with your experiences and knowledge, then connect to your brokerage account and you have yourself an opportunity to make through high on the leaderboard. Profit.ly’s Leaderboard function, which was previously mentioned was designed to offer its users a look at the performance of the trading community as well as its gurus. You’re not just allowed to demonstrate your worth to a group of traders, as you are also able to use Profit.ly to buy with a guru, and have the assurance that you’re confident of their knowledge and the credibility of their assertions.
If you feel uneasy with the idea of divulging the details of your broker account you may choose to publish your trades, verified or not, via screenshots. In Profit.ly are the vast number of trading courses as well as the ability to look at stats in a trader’s profile and other methods to communicate with your gurus in the chatroom, in addition to email and text alerts as well as updates.
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Meet the Founder: Tim Sykes
Timothy Sykes is a well-renowned day trader who is famously known for delving his hands into penny stock trading. According to Investopedia, a penny stock refers to a small company’s stock which trades at less than $5 per share. The penny stock market can be seen as a stepping stone for small-scale businesses to make the transition to a market that is larger as it allows them to access capital from the public. However, don’t get it wrong – it’s also a high-risk game, which Sykes can surely tell thanks to his years of expertise.
Since his initial beginnings in his late years in high school, Tim Sykes has, since then, made more than $6 million in profit through his lengthy career as a trader. When he was 25 years old Tim Sykes had received greater exposure and a larger impact when he was a part of the reality TV show “Wall Street Warriors.” He used the opportunity to create trading rooms, penny stock themes, and educational content geared toward 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 against each other through the platform.
The Profit.ly Gurus
One of Profit.ly’s most appealing features is the vast array of learning resources, trade alerts, and other helpful stuff provided by the company’s internal gurus. These gurus refer to experts in the field of trading who have made significant amounts of profit from their collective years of expertise. Timothy Sykes Supernova Alerts
At its peak, 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 a few others. At the time of writing only two gurus remain on the platform: 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 look at the packages each guru can offer.
From Tim Sykes Tim Sykes
Sykes offers an essential stock trading service with the main priority being penny stock day trading through Tim’s Alerts. At $74.95 per month, you’ll be able to be able to see him concentrate on the basic stock catalysts and employ them to predict the next possible moves in making trades.
A purchase on its own of Tim’s Alerts will get you access to the chatroom, as well as the mobile app available on iOS and Android devices, texts, emails and push alerts; as well as a daily watchlist of stocks.
Tim Sykes: From Tim Sykes: The Pennystocking Silver Package
Pennystocking Silver is the premium version that has been upgraded of the Tim’s Alerts program. It costs $149.95 per month, this is a great option for investors who are invested in investing in penny stocks. Pennystocking Silver includes all the basic features of earlier plans including swing trading alerts and unlimited access to a library of more than 7,000 instructional videos that are updated weekly.
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From “Superman” Paul Scolardi: Superman Alerts
Scolardi, who goes by the alias “Superman,” is a swing trading professional with an eye for both tiny-cap massive stocks as well as wildly accurate marketing forecasts. Since the time he started trading, Superman has amassed over $5.5 million in all-time trading earnings. Timothy Sykes Supernova Alerts
The Superman Alerts plan is an offering of 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, the daily market commentary in real-time, and E-mail and SMS alerts.
The film “Superman” Paul Scolardi: Superman Pro
At $247/month, you get additional features, as well as access to the extensive knowledge base provided by Superman himself through his Superman Pro package. In addition to the basic features that are included in the Alerts package, Superman Pro gives you weekly video lessonsthat include a growing library of all the previous ones. In addition you’ll also gain an access to high-quality research papers and an IPO and earnings tracker.
Profit.ly plans and costs
If you’re looking to join the online trading community and leave your mark on the field, Profit.ly has the right amount of resources to get you going. The platform has three membership tiers, each designed for traders with different levels. Let’s take a look at what these three tiers are and how much they’ll cost you.
Novice Plan
The package called Novice is Profit.ly’s entry-level plan designed especially for those who are just beginning their journey to the trading community. Once you have signed up for this package, you will be immediately given a slew of robust and indispensable trading tools, all of which is essential to keep your hands on what we can describe as a cutthroat process by itself.
Some of the features you can accomplish using Profit.ly’s Novice package include the ability to verify the results of your trades and track profit; leading, following and even chatting with your fellow traders, as well as giving feedback on the trades of today. You’re also allowed to get on leaderboards; analyze your trades, sort or filter the trades you make and lastly, look at other’s stats.
The Novice plan costs $29.95 per month. While it may look attractive for the price alone, there is a downside. It isn’t possible to create a private account, making your personal information public. If you’re interested in have access to this feature, you should stay tuned as we introduce to you Profit.ly’s next plan.
Trader Plan
The Trader package allows you to take advantage of many of the features of the Novice plan. In this plan, that you are able to create an account that is private for sharing with fellow associate users all your knowledge and intel in trader’s community.
The price is $49.95/month, Profit.ly’s Trader plan will do what the name implies catering people who want to improve their skills 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’ statistics that might be a drawback for those who are eager to try this new tier. Timothy Sykes Supernova Alerts
Pro Plan
The Professional plan can be described as the highest premium package that Profit.ly can offer to experienced traders. With $74.95 per month, with a 22% discount for billing annually the Pro plan has everything. You get full, no-holds-barred access to all 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 your own private profile. These two features are on top of all the advantages that you can utilize to the maximum extent. If you’re looking for a plan that can serve you with everything you require as a skilled trader, maybe the Pro plan is the right choice for you!
Profit.ly’s Other Services
Apart from the provided training tools and the Leaderboards Profit.ly has a few other services they provide. One of these is its online store, which allows users to pick from a range of videos that are designed to educate and guide you through the ins and outs of trading. The products listed in this section of the website is available to be immediately purchased for personal use. These include best-selling products such as”Trading Tickers,” the “Trading Tickers” series from trading specialist Tim Grittani, Timothy Sykes’s collection of DVDs and streaming-only content related to penny stocking, short stocking, and all other things trading-related, clips and scenes 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 array of features and services. You are probably familiar with the concept of the chat room since you can see it across social and messaging platforms, as well as some specialty websites that offer live chat support. But in Profit.ly, it is seen as a area where experts and members can interact and learn in real time. Every guru has their own style in running their chat rooms and in dealing with the members. Some may be laid back and less active, while another might be more interactive and online to their pupils. Think of chat rooms as Profit.ly’s version of the forum, in essence.
Who is the best Trader for Profit.ly?
Profit.ly’s variety of offerings and features cater to the wide range of stock traders, ranging from novices to experienced professionals. Considering the number of offers it offers it is certain to have something for every person.
Beginners, for instance, will enjoy Profit.ly’s collection of educational information available on the platform. Not only will they be provided with videos every week and chat room advice from its in-house gurus and their members. Additionally, they can choose from the items from its online store that they can take with them wherever they may travel. You can also get hands-on experience trading on the platform, but ultimately they’ll be able to realize that this is a high-stakes game that shouldn’t be treated as a joke.
For those traders who have had years of exposure down the road, we consider Profit.ly as equally as suitable to people who are just beginning. While novice traders may not be as adept at handling trading matters however, experienced traders know the way it functions and the plethora of risks that it carries. It is ideal to utilize Profit.ly’s range of features to their full advantage to enhance their trading abilities. As beginners, they are able to learn from the experts and experts , and use those simple tips and hints along the way.
Profit.ly’s ‘all-together’ nature does not only apply to beginners and semi-experienced traders. Certified experts can also take part in the fun! People in the trade industry who are at the same level as Superman or Tim Sykes can also use Profit.ly’s capabilities. Profit.ly’s abilities to show off their expertise to other traders in order to guide them through the ever-illustrious trading process. Timothy Sykes Supernova Alerts
Profit.ly’s Pros and Pros and
The Pros
- Profit.ly’s numerous capabilities as a ‘one-stop’ platform for trading stocks allows traders across the globe with tons of learning, communication, and trading tools
- You will be provided with excellent lessons and tips from the in-house gurus, including libraries of educational videos and real-time trading activities
- You’re guaranteed transparency throughout Profit.ly with precise analytics as well as other traders who are ready to reach you out if something occurs.
- The leaderboard feature of the platform offers you a way to build your reputation as a reliable and verifiable trader
- In addition to its primary abilities, Profit.ly also gives its users extra options to suit their preferences, such as posting unauthentic trades via photographs
- Profit.ly’s variety of packages and subscription levels are priced at affordable rates There’s something for everyone
The Cons
- Profit.ly’s abundance of packages and products offered may seem overwhelming for the majority of its users
- Since traders can choose to make any type of trade, there’s an opportunity that some them may take advantage by picking the most profitable trades to boost their rating – this may be a concern that should not be simply overlooked
- Profit.ly does not accept refunds as its premium users are expected to instantly benefit from the number of features the platform is able to offer
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The Final Verdict: Is Profit.ly Valued?
If we could come up with an answer to this question, it would be a ‘yes’. But you need to understand that this platform shouldn’t be viewed as a quick-fix scheme to make money. The platform was not always designed to be used in this way. Instead, you need to have curiosity. Timothy Sykes Supernova Alerts
What we mean”yes” is that it could be a useful learning tool. Those who may be stuck could discover Profit.ly’s variety of resources helpful in their efforts to avoid loss and perform better than they did before. It’s not just the struggling traders who will profit from the platform. It will be able to accommodate beginners as well as even experts in the field!
If you really want to become better at trading and wish to learn from your mentors and peers along the way, then look no further – Profit.ly could be a good choice to start.
FAQ Timothy Sykes Supernova Alerts
How do you use Profit.ly to make your trades public?
Profit.ly includes an entry section for trades under the My Trade’ category of the dashboard that allows you to post your trades, either verified or otherwise. There are three options:
- Linking your account to the brokerage of choice and then importing the trades from that directly
- Manually entering your trades into provided spaces and specifics
- Send a screen shot of your transactions
How can I tell whether the trade is authentic or not?
If you purchase your trade through a reliable brokerage, there is an excellent probability that it’s verifiable. This is shown by the blue check mark. If you post the information manually or via images, it will be classified as unverified.
The drawback of posting an unauthentic trade is the chance of receiving downvotes from fellow peers. A large number of downvotes could result in you appearing in the Madoff leaderboard, which is where the public can see who’s dishonest in posting trades.
Does the Profit.ly mobile application still available?
As of this writing, Profit.ly is still available for download on the Apple App Store and in the Google Play store. The mobile app version works with all working smartphones and tablets.
How many people are using Profit.ly?
Profit.ly currently houses over 150,000 investors and traders as they not only are looking to earn maximum profits but also to help one another learn and improve in acquiring opportunities in the stock market all over the world.