Stock trading is an exciting game with high stakes. On certain days, you may be reaping the benefits of pleasing and positive numbers. However, on other days you may experience the opposite and it could be very difficult to get back to where you were your most productive. If you’re immersed in the water, you will have to realize that relying on instinct and survival is not always enough.
If you’ve experienced loss from time to time and you’re likely to require solid advice from seasoned and tested trading experts. You’re also gonna need an important boost from fellow traders from around the globe, which is why we’ve found a platform that can support you in your growth within the field. We’ll be taking an in-depth look at Profit.ly A well-respected all-in-one 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. Do check out our article below, however, because it has a comprehensive overview of Profit.ly.
Overall Rating: 4.1/5 Timothy Sykes Torrent
Users Experience 4.5/5
Profit.ly offers an internet-based trading service that enables traders of various levels to be knowledgeable, transparent, accountable, and to build relationships with each other by offering a wide array of tools and features such as chat rooms, trade verification as well as an extensive library of educational content.
What is Profit.ly?
Profit.ly is a site for trading that functions as a learning and education platform for traders new to trading and also as a platform for experienced traders to track their performance with the help of sophisticated analytics tools. Offering users a broad array of options to facilitate trade and communication that help traders from all walks of life network with each other. It gives the gurus an opportunity to invest in the right areas of this platform. Think of it as a social media site akin the likes of Facebook and Reddit however it is geared towards experts and traders.
Profit.ly independently validates trade performance and posts all the data of them in the manner of leaderboards. The trading platform is built on trust and transparency. it makes sure that trades are authentic and won’t allow for fraud as much as is humanly possible. It was created many years ago by penny expert in stock trading and investment expert Timothy Sykes, along with the other expert Michael Mosseri.
One time during his interview for Forbes publication, Sykes declared that Profit.ly was motivated by its focus “on the transparency of every trade, something that was never done before.” The concept was, he said, serving two goals: 1.) keeping track of public data for everyone, not just the experts as well as newsletter writers and students, and 2) allowing all users to learn from both losses and wins to the benefit of the trading industry. Timothy Sykes Torrent
How Does It How Does It
Profit.ly follows a subscription-based model that allows stock traders to gain access to a multitude of features and services aimed towards achieving achievement. It is possible to create an account there at no cost, however you’re limited to access to the leaderboard and follow the activities of people who aren’t gurus. If you’re ready to invest your money to see what stocks the experts are trading in real-time it is necessary to sign up to one of Profit.ly’s deals, which we will review in the coming days.
Making an account easy: create an account with your experience and knowledge, then connect to your brokerage account, and you have yourself the chance to climb your way to the top of the leaderboard. Profit.ly’s leaderboard feature, as mentioned previously was designed to offer its users an insight into their performance as a trading group and its experts. You’re not just allowed to show value to a large group of traders. You are also able to use Profit.ly to shop with a guru, and have the assurance that you’re comfortable of their knowledge and the veracity of their claims.
If you feel uneasy with the idea of sharing information about your account with a brokerage, then you could decide to share your trades, verified or otherwise, through pictures. Also included in Profit.ly are the vast number of trading classes, the ability to view the stats of a trader’s account, and more ways to communicate with your gurus via chatrooms along with notifications via email or text as well as updates.
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Meet Tim Sykes, the founder: Tim Sykes
Timothy Sykes is a well-renowned day trading personality who is well-known for delving his hands into trades in penny stocks. According to Investopedia Penny stock refers to a small-sized company’s stock that trades for just less than 5 cents per share. The penny stock market 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 make the mistake of thinking that it’s also an extremely risky activity, as Sykes can surely tell thanks to his years of expertise.
From his beginnings at the end of his time in high school, Tim Sykes has, since then, made over $6 million of profits throughout his illustrious career as trader. At 25 years old Sykes was given more exposure and a wider impact when he was a part of the reality TV show “Wall Street Warriors.” Then, he used the opportunity to develop trading rooms as well as penny stock themes and educational content geared toward people who are brand new to trading. He also helped establish Profit.ly as a place of transparency and to allow the community to rise and compete against each other on the platform.
The Profit.ly Gurus
One of Profit.ly’s amazing features is the wide range of educational sources, trade alerts and other helpful stuff provided by the in-house experts of the platform. The gurus in question refer to the trading experts who have proven to make significant amounts of profit from their collective years of experience. Timothy Sykes Torrent
At its height, Profit.ly had housed up to five gurus. Each of them an expert in their niche in the trading industry. Some of the prominent experts included Connor Bruggermann, Nathan Michaud of Investors Underground, and Triforce, among a few others. At the time of writing there are only two gurus who remain on the platform: the founder of the penny stock market Tim Sykes and veteran smallcap swing trader Paul Scolardi, also known as Superman. When we take that into account Let’s look at the packages each guru can offer.
From Tim Sykes Tim Sykes: Tim’s Alerts
Sykes offers a basic stock trading service that focuses on penny-stock day trading via Tim’s Alerts. Costing $74.95 monthly, you will observe him focus on fundamental stock catalysts and use 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 that’s available for 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 highest-quality version that has been upgraded of the Tim’s Alerts program. At $149.95 for a month it is the perfect plan for those who are invested in investing in penny stocks. Pennystocking Silver includes all the basic features found in prior plans, such as swing trading alerts as well as unlimited access to an extensive library of more than 7,000 instructional videos that are updated weekly.
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In “Superman” Paul Scolardi: Superman Alerts
Scolardi who goes under the name “Superman,” is a trader who has an eye for both small-cap monumental stocks and crazy-accurate marketing forecasts. In the time since he began as a trader, Superman has amassed over $5.5 million in all-time trading earnings. Timothy Sykes Torrent
The Superman Alerts plan is an offer of the most essential features and trading alerts geared to those interested. For $147 per month, you’ll gain access to the daily stock watchlist that is premarket as well as the mobile app, daily market updates in real-time, and email and SMS alerts.
The film “Superman” Paul Scolardi: Superman Pro
For $247 per month, you can enjoy 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 included in the Alerts package, Superman Pro gives you weekly video lessonsthat include a growing library of all other previous ones. Additionally you’ll also have the ability to access premium reports on research as well as the IPO or earnings monitor.
Profit.ly Programs and Costs
If you’re ready to join the trading community on the internet and leave a mark in the industry, Profit.ly has the right amount of resources to help you going. The platform offers three membership tiers, each designed for traders with different levels. Let’s look at what the three tiers are and how much they’ll cost you.
The Novice package is Profit.ly’s entry-level plan designed especially for people who are brand new to the trading world. When you sign up for this plan, you will be immediately offered a range of strong and essential trading tools, all one of them essential in keeping your hands on what we can describe as a cutthroat process in and of itself.
Among the list of things you can accomplish with Profit.ly’s Novice package include the ability to verify trades and track profits as well as leading, following, and even messaging your fellow traders; and providing feedback on trades today. You’re also allowed to get onto leaderboards; study your trades, sort as well as filter trades; and, finally, see the statistics of other traders.
The Novice plan will cost $29.95 per monthly payment. Although it might look appealing simply because of the price however, there’s a drawback. You aren’t able to create a personal profile, which makes your activities publicly available. If you do want to gain the benefit of this service, you should stay tuned as we introduce to you Profit.ly’s next plan.
The Trader Plan
The Trader plan allows users to benefit from the majority of features available in The Novice package. It is in this plan that you can set up a private profile for sharing with fellow associate users all your knowledge and knowledge you gain from trader’s community.
Costing $49.95/month, Profit.ly’s Trader plan will do what the name implies catering people who want to harness their expertise in trading. Although it’s a nice thing but there’s one important feature that is missing. Unlike the previous Novice package, this one won’t be able to see other traders’ stats that might be a drawback for those eager to try this new tier. Timothy Sykes Torrent
The Professional plan can be described as the highest luxurious package Profit.ly offers to experienced traders. It costs $74.95 each month which includes a 22% discount for billing annually the Pro plan has it all. It gives you full, unlimited access to all the features from the two previous plans combined.
Not only do you get to look at other people’s statistics as well, you’re also offered the opportunity to create a private profile. Both of these options, plus the other benefits that you can use to the fullest potential. If you’re in search of a plan that can serve all the features you need to be an experienced trader, the Pro plan is the right choice for you!
Profit.ly’s Other Services
Apart from the trainer tools and leadersboards Profit.ly has a few additional services that it can offer. One of them is the online store, which lets users pick from a range of instructional videos that are designed to inform and provide guidance on the nuances and pitfalls of trading. Each of the offerings listed on this page of the site can be purchased immediately for personal use. These include best-selling products like”Trading Tickers,” the “Trading Tickers” series by trader professional Tim Grittani, Timothy Sykes’s library of DVDs and streaming-only content about penny stocking, short stocking, and other related to trading, videos and scenes taken from the Annual Pennystocking Conference, and other products by expert traders.
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Chat rooms integrated into Profit.ly are as well part of Profit.ly’s range of services and features. You’re probably familiar with the concept of chat rooms since you can find it throughout social and messaging platforms, and also on a few specialty websites that provide live chat support. However, in Profit.ly the chat room is viewed as a hands-on space where experts and their members can interact and share knowledge in real-time. Every guru has their own way in operating their chat room and dealing with the listed members. One of them may be more laid back and rarely active, while another might be more active and in touch to their pupils. Think of chat rooms like Profit.ly’s version of a forum, in its essence.
Who is the Ideal Trader for Profit.ly?
Profit.ly’s variety of offerings and features are geared towards the wide range of stock traders, ranging from novices to the most experienced. Considering the number of offers it has to offer this platform definitely has something for all.
Beginners, for instance, will appreciate Profit.ly’s collection of educational materials available across the platform. Not only will they be provided with videos every week and chat room tips by its internal gurus and their members. They’ll also be able pick from the merchandise available on its store online that they can take with them wherever they may go. Additionally, they can gain practical experience trading on the platform, but ultimately they’ll realize that trading is a high stakes game that shouldn’t be taken as an amusing pastime.
For the traders with decades of experience in the line, we see Profit.ly equally suited to them as people who are just beginning. While novice traders may not be as well-equipped with dealing with trading issues but the experts already know the way it functions and the stack full of risks that come with it. In the ideal scenario, they can utilize Profit.ly’s variety of features to their best advantage to enhance their trading skills. As beginners, they are able to learn from the top experts as well as experts, and take advantage of short tips and tricks to help them along.
Profit.ly’s “all-in” approach doesn’t just apply to newbies and semi-experienced traders. Certified experts can also take part in the excitement! People in the trade industry who are on an equal level with Superman and Tim Sykes can also use Profit.ly’s capabilities. Profit.ly’s capabilities to display their skill to others as a way to assist them in the ever-changing trading process. Timothy Sykes Torrent
Profit.ly’s Pros and Pros and
- Profit.ly’s diverse capabilities as a “one-stop” stock trading platform allows traders across the globe with an abundance of knowledge, communication, and trading tools
- You get to be taught by experts and tips from the inside experts, as well as video libraries that teach you how to learn and trading in real-time.
- You can be sure of complete transparency through Profit.ly by using accurate data as well as fellow traders ready to call you out if something occurs.
- The platform’s leaderboard feature gives you the chance to establish your reputation as a reliable and verifiable trader
- In addition to its primary features, Profit.ly also gives its customers additional options to meet their individual preferences, for instance, posting trades that are not authentic by taking photographs
- Profit.ly’s wide array of subscription levels and guru packages are priced at reasonable prices There’s something for all
- Profit.ly’s abundance of packages and services offered could not be enough for a lot of its customers
- If traders decide to post any kind of trade, there’s an opportunity that some them may take advantage by picking the most profitable trades to increase the rating This could be a risk that shouldn’t be simply overlooked
- Profit.ly will not allow refunds as the premium customers are expected to immediately take advantage of the numerous services that the platform can offer
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The Final Verdict: Is Profit.ly Valued?
If we could think of the answer, it’s an affirmative “yes”. But it is important to realize that this platform shouldn’t be viewed as a quick-fix scheme to make money. The platform wasn’t originally designed to be used for this reason. Instead, it is best to keep an open mind. Timothy Sykes Torrent
What we are referring to by ‘yes’ is that it could be a useful learning tool. Those who may be stuck might find Profit.ly’s array of resources useful in their efforts to avoid losses and perform better than they did before. It’s not only the struggling traders who will benefit 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 more successful in trading and would like to learn from your peers and experts throughout the process, then take a look at Profit.ly. Profit.ly is a fantastic choice to start.
FAQ Timothy Sykes Torrent
How can you make use of Profit.ly to make your trades public?
Profit.ly includes the option of allowing trade entries in the ‘My Trade section of the dashboard that lets you post your trades, verifiable or not. You may choose between three options:
- Linking your account with your brokerage of choice and then importing transactions directly through there
- Manually entering your trades into provided spaces and specifics
- Send a screen shot of your transactions
How can I tell whether the trade can be verified or not?
If you purchase your trade from a trusted brokerage, there’s an excellent probability that it’s verifiable. This is shown by the small blue check. If you upload it in a manual way or by taking images, it will be classified as unverified.
The drawback of posting an unverified trade is the possibility of getting downvotes from your friends and colleagues. Too many downvotes may cause you to be listed at the top of the Madoff leaderboard, which is where the public are able to identify who is fraudulent in posting trades.
Does the Profit.ly mobile app still in use?
As of this writing, Profit.ly is still available to download from the App Store for Apple and on the Google Play store. The mobile app version is compatible with the majority of working smartphones and tablets.
How many people are connected to Profit.ly?
Profit.ly currently houses over 150,000 investors and traders as they not only are seeking to make the most profit but also to help one another develop and grow in their ability to take advantage of stock market opportunities left and right.