Stock trading is an exciting game with high stakes. Some days, you could have the benefit of pleasing and positive numbers. However, on other days, the opposite may happen, and it may sometimes be extremely difficult to get back to the point you were at your most productive. If you’re always in the mud You will need to recognize that relying on your instincts and preserving might not be enough.
If you’ve suffered occasional losses and you’re likely to require reliable advice from tested and tried trading experts. Additionally, you’ll require a significant boost from your trading partners from all over the globe. That’s why we’ve identified a platform that can support you in your growth within the field. In this review, we’ll take the time to look at Profit.ly A well-respected 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 The Complete Penny Stock Course Pdf
User Experience: 4.5/5
Profit.ly can be described as an online platform for trading that enables traders of all levels to be knowledgeable, transparent, accountable, and uplifting with each other by offering a wide range of features and tools such as chat rooms, trade verification and a rich library of educational content.
What is Profit.ly?
Profit.ly is a trading site that serves both as a learning and education platform for traders who are starting out and as a hub for traders with experience to keep track of their performance with the help of sophisticated analytics tools. Offering users a broad variety of tools for communication and trade and letting traders from all walks of life network with each other. It offers gurus with worthy investments within the boundaries of the platform. Imagine it as an online social media platform similar to Facebook and Reddit, but for traders and experts.
Profit.ly independently validates trade performance and then publishes the information from them in the form of leaderboards. The platform’s trading model is based on trust and transparency. it ensures that the trades are valid and won’t allow for fraud as much as possible. It was created many years ago by penny stock trade expert and investment guru Timothy Sykes, along with his colleague Michael Mosseri.
In an appearance in 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 concept was, he said, serving two purposes: 1) creating public track records for not just the gurus and newsletter writers and students and secondly) giving all users to learn from the losses and wins for the trading industry’s benefit. Timothy Sykes The Complete Penny Stock Course Pdf
How Does It How Does It
Profit.ly utilizes a subscription model that allows stock traders to benefit from a variety of services and features geared towards achieving success. It is possible to create an account on the site for free, but you’re only given the capability to browse the leaderboard and follow the actions 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 sign up to one of Profit.ly’s offers, which we will discuss in the near future.
Setting up an account is simple: Create an account with your experience and knowledge, then connect to your brokerage account and you’ll be given a chance to shoot your way up to at the very top of the list. Profit.ly’s leaders’ board feature as we’ve mentioned earlier it is designed to provide its users an insight into their performance as a trading group and its experts. It’s not just a way to show value to a large group of traders, but you are also able to use Profit.ly to purchase with a guru, and have the confidence that you are confident of their knowledge and the veracity of their assertions.
If you feel uneasy with the idea of sharing the details of your broker account you may choose to publish 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 the stats of a trader’s account as well as other ways to interact with your experts via chatrooms 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 trader who is famously known for delving his hands into the penny-stock market. According to Investopedia Penny stock refers to a small-sized company’s stock that trades for just less than 5 cents per share. Penny stock trading is an avenue for small companies to move into a larger market because it gives them access to funds from the public. But don’t make the mistake of thinking that it can also be an extremely risky activity, as Sykes can surely tell through his many years of expertise.
From his beginnings in the latter years of High School, Tim Sykes has, since then, earned more than $6 million in profits during his long and successful career as trading professional. When he was 25 years old Tim Sykes had received greater exposure and a larger influence over time when he became part of the reality series “Wall Street Warriors.” He used the opportunity to develop trading rooms as well as penny stock themes as well as educational content targeted at those who are just beginning to learn about trading. He also helped establish Profit.ly as a place for openness, and to allow the community to rise and compete against each other through the platform.
The Profit.ly Gurus
One of Profit.ly’s most appealing features is the wide range of education tools, trade alerts and other helpful stuff provided by the in-house experts of the platform. The gurus in question refer to experts in the field of trading who have proven to make substantial amounts of money from their collective years of knowledge. Timothy Sykes The Complete Penny Stock Course Pdf
At its peak, Profit.ly had housed up to five gurus, all of them a pro within their particular field in the trading industry. Some of the prominent experts were Connor Bruggermann, Nathan Michaud of Investors Underground, and Triforce among others. As of this writing, only two gurus remain on the platform: the founder as well as penny-stock trader Tim Sykes and veteran smallcap swing trader Paul Scolardi, also known as Superman. With that taken into consideration we’ll take a look at what packaged deals each guru can offer.
From Tim Sykes Tim Sykes: Tim’s Alerts
Sykes provides a basic stock trading service that focuses on penny-priced day trading with Tim’s Alerts. Costing $74.95 for a month you’ll be able to be able to see him concentrate on the fundamental catalysts for stocks and utilize them to forecast the next possible moves in making trades.
A standalone purchase of Tim’s Alerts will get you access to the chatroom and the mobile app that’s available to iOS as well as Android devices, texts, emails and push alerts and a daily stock watchlist.
Tim Sykes: From Tim Sykes: The Pennystocking Silver Package
Pennystocking Silver is the highest-quality version that has been upgraded of the Tim’s Alerts program. Priced at $149.95 monthly, this is an ideal plan for those who are more involved in the penny-stock market. Pennystocking Silver comes with all the standard features that were included in earlier plans including alerts for swing trading and access to a collection of more than 7,000 educational videos that are updated every week.
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From “Superman” Paul Scolardi: Superman Alerts
Scolardi, who goes by the alias “Superman,” is a trader who has an eye for 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 earnings. Timothy Sykes The Complete Penny Stock Course Pdf
The Superman Alerts plan is an offer of the most essential features and trading alerts targeted toward those who may be interested. For $147 per month, you’ll gain an access to the day-to-day stock watchlist that is premarket and the mobile app, the daily market updates in real-time, as well as email and SMS alerts.
From “Superman” Paul Scolardi: Superman Pro
For the price of $247, you receive additional features, plus access to an extensive base of knowledge of information provided by Superman himself through the Superman Pro package. Alongside the standard features included in the Alerts package, Superman Pro gives you weekly video lessons, including the growing collection of other previous ones. On top of that you’ll also gain access to premium research reports as well as an IPO and earnings tracker.
Profit.ly Programs and Costs
If you’re eager to join the world of online trading and leave a mark in the market, Profit.ly has the right amount of resources to get you going. Profit.ly offers three membership levels that cater to traders of different levels. Let’s break down what these three levels are and what they’ll cost you.
The package called Novice is Profit.ly’s entry-level plan designed especially for people who are brand new to the world of trading. Once you have signed to this plan, you will be immediately given a slew of robust and essential trading tools, all of them integral in keeping your hands on what we call a competitive procedure in its own.
Among the list of things you can do with Profit.ly’s Novice package is the capability to check the results of your trades and track profit and follow-up, leading, and even messaging your fellow traders, as well as providing feedback on trades today. You’re also allowed to get on leaderboards; analyze your trades, sort and filter your trades; and lastly, look at other’s stats.
The Novice plan will cost $29.95 per month. Although it looks attractive for the price alone but there’s a disadvantage. It isn’t possible to create a private profile, thus making your activities publicly available. If you do want to have the benefit of this service, you should stay tuned as we introduce to you Profit.ly’s next plan.
The Trader plan allows you to take advantage of 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 associates all your insights and intel in this trading group.
Costing $49.95/month, Profit.ly’s Trader plan does what the name suggests catering for those looking to develop their trading skills. Although it’s a nice thing, there is one significant aspect that’s not included. Unlike the previous Novice package, this one won’t be able to see the statistics of other traders that might be a drawback for some who may be anticipating this level. Timothy Sykes The Complete Penny Stock Course Pdf
The Pro plan is the most expensive plan Profit.ly could offer for seasoned traders. At $74.95 monthly, with a 22% discount for annual billing This plan offers everything. You will have full, unrestricted access to all features from the two previous plans combined.
In addition, you’ll be able to view other people’s stats and data, but you also have the chance to create a private profile. Both of these options, on top of all the advantages that you can utilize to the maximum extent. If you’re looking for an option that gives you with everything you require as an experienced trader, the Pro tier could be the right choice for you!
Profit.ly’s Other Services
Apart from the provided trainer tools and leaderboards, Profit.ly provides a variety of more services it has to provide. One of them is the online store, where customers can choose from a wide array of video products created to guide you through the ins and outs of trading. The products listed on this page of the website is available to be bought immediately for your personal use. These include best-selling products like”Trading Tickers, “Trading Tickers” series by trader specialist Tim Grittani, Timothy Sykes’s collection of DVDs and streaming-only content related to short stocking, penny stocking, as well as all aspects of trading. There are also clips and scenes of The Annual Pennystocking Conference, and items from other experts in trading.
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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 chat rooms since you can find it throughout social and messaging platforms and also on a few specialty websites that offer live chat assistance. However, in Profit.ly, it is seen as a hands-on space where experts and their members can interact and share knowledge in real-time. Every guru has their own way when it comes to running their chat room and dealing with the listed members. Some may be a laid-back person who is less engaged, while another could be more active and in touch with their students. Consider chat rooms as Profit.ly’s version of the forum in the essence.
Who is the best trader to Profit.ly?
Profit.ly’s wide range of products and features are geared towards an array of stock traders, ranging from beginners to experienced pros. With the variety of deals it offers, the platform surely has something for everyone.
Beginners, for instance, will appreciate Profit.ly’s knowledge-based information available on the platform. They will also be enriched with weekly videos and chat room tips from its in-house gurus as well as their members. Additionally, they can pick from the merchandise available on its store online to carry with them wherever they may go. You can also get hands-on experiences by trading through the platform, however they’ll realize that the process is a risky game that shouldn’t be treated as an opportunity to make fun of.
For those traders who have had many years of experience down the road, we consider Profit.ly equally suited to them as those who are just starting. While novice traders may not be as adept at managing trading however, experienced traders know how it works and the stack full of risks that come with it. In the ideal scenario, they can use Profit.ly’s variety of features to their best advantage to improve their trading abilities. Like novices, they can study from the gurus and experts , and use those simple tips and hints to help them along.
Profit.ly’s ‘all-together’ nature isn’t limited to novices and semi-experienced traders. Verified experts can also join in the enjoyment! Trade professionals who are at an equal level with Superman as well as Tim Sykes can also use up Profit.ly’s abilities to show off their expertise to other traders as a way to help navigate them through the ever-changing trading process. Timothy Sykes The Complete Penny Stock Course Pdf
Profit.ly’s Pros and Cons
- Profit.ly’s diverse capabilities as a ‘one-stop’ platform for trading stocks allows traders from all over the world with tons of learning, communication, and trading tools
- You get to be taught by experts and insights from its internal experts, which include video libraries that teach you how to learn and trading in real-time.
- You’re assured of transparency throughout Profit.ly with accurate analytics and fellow traders ready to call you out if something occurs.
- The platform’s leaderboard feature 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 customers extra options that can be tailored to their individual preferences, for instance, posting unverifiable trades through images
- Profit.ly’s variety of packages and subscription levels are priced at reasonable prices – there truly is something for everyone
- Profit.ly’s abundance of packages and services offered could be too much for a lot of its users
- As traders may opt to make any type of trade, there’s the possibility that some of them may take advantage by selecting the best trades in order to boost their rating This could be a concern that should not be simply overlooked
- Profit.ly will not allow refunds, as the premium customers are expected to instantly benefit from the many features the platform is able 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 appropriate answer for this query, it’s an affirmative “yes”. But it is important to realize that it shouldn’t be treated as a quick-fix scheme to make money. It wasn’t designed to be used for this reason. Instead, it is best to keep an open mind. Timothy Sykes The Complete Penny Stock Course Pdf
What we mean by ‘yes’ is that it is a fantastic learning tool. People who are stuck may be able to find Profit.ly’s range of resources to be helpful as they do their best to reduce loss and perform better than before. Not only poor traders that can profit from the platform. It will be able to accommodate beginners as well as even experts in the field!
So, if you genuinely desire to be better at trading and wish to learn from your peers and experts along the way, then you should look no further than Profit.ly. Profit.ly is a fantastic alternative to start.
FAQ Timothy Sykes The Complete Penny Stock Course Pdf
What are the best ways to use Profit.ly to post your trades?
Profit.ly includes the option of allowing trade entries under the ‘My Trade section of the dashboard which lets you post your trades that are verified or otherwise. There are three choices:
- Linking your account with your broker of choice and import transactions directly through there
- Manually entering your trades into the spaces provided and details
- Upload a screenshot of your transactions
How can I tell whether the trade is authentic or not?
If you purchase your trade from a reputable brokerage, there is the 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 downside of having an unauthenticated trade is the chance of getting downvotes from your 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 see who’s untruthful in submitting trades.
Is the Profit.ly mobile application still available?
As of the moment, Profit.ly is still available for download on the Apple App Store and in the Google Play store. The mobile app version is compatible with most operating tablets and smartphones.
How many people are currently connected to Profit.ly?
Profit.ly currently houses more than 150,000 traders and investors, as they not only are seeking to make the most profit but also assist each other to develop and grow in their ability to take advantage of opportunities on the stock market left and right.