Stock trading is an exciting game with high stakes. On certain days, you may enjoy the benefits of positive and satisfying numbers. On other days it could be the reverse and it could be extremely difficult to return to where you were at your most productive. If you’re constantly stuck in the gutter it is important to recognize that relying on instinct and survival is not always enough.
If you’ve been incurring losses from time to time, you’re gonna be needing solid advice from seasoned and tested trading experts. Additionally, you’ll require an important boost from colleagues in the market from all over the globe, which is why we’ve found a platform that can support you in your growth in the market. In this review, we’ll take a 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 Trading Dvd
The User’s Experience 4.5/5
Profit.ly can be described as an online platform for trading that permits traders of various levels to be informed and accountable, as well as transparent and to build relationships with each other through its broad array of tools and features like chat rooms, trade verification, and an enriched library of educational content.
What is Profit.ly?
Profit.ly is a trading site that serves both as a learning and training platform for traders who are starting out as well as a place for traders with experience to keep track of their performance using the aid of cutting-edge analytics tools. Offering users a broad array of options for trade and communication, it helps traders from all walks of life network with one another. It gives the gurus an opportunity to invest in the right areas of this platform. Think of it as an online social media platform similar to Facebook and Reddit however it is geared towards professionals and traders.
Profit.ly independently verifies trade performances and posts all the data from them in the form of leaderboards. The trading platform is built on trust and transparency. it guarantees that the transactions are legitimate and will not tolerate inauthenticity as much as possible. It was established in the past by penny stock trade expert and investment expert Timothy Sykes, along with the other expert Michael Mosseri.
One time , during an interview with Forbes magazine, Sykes declared that Profit.ly was motivated by its focus “on showing every trade, something that has never been done before.” This idea, he added, served two purposes: 1) keeping track of public data for all traders, not just the gurus, but also the newsletter authors and students as well as) giving all users to be enlightened by the losses and wins to benefit the industry of trading. Timothy Sykes Trading Dvd
How Does It Work?
Profit.ly is a subscription-based platform which allows stock traders to benefit from a variety of services and features geared towards achieving achievement. You can create an account for free, but you’re limited to the ability to navigate through the leaderboards and monitor 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 it is necessary to subscribe to any of Profit.ly’s offerings, which we will review in the coming days.
The process of opening an account is easy: create a profile with your experiences and expertise, connect to your brokerage account and you have yourself an opportunity to make your way to high on the leaderboard. Profit.ly’s Leaderboard function, which was previously mentioned was designed to offer its users a look at how the community of traders performs as well as its gurus. You’re not just allowed to prove your worth to a community of traders. You can also use Profit.ly to shop from a guru with the assurance that you’re comfortable of their knowledge and the credibility of their assertions.
If you’re not comfortable with the idea of divulging information about your account with a brokerage, then you could opt to post your trades, whether verified or otherwise, through photographs. 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 and other methods to connect with your gurus through the chatroom as well as email and text alerts 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 has been famously known for his efforts in the penny-stock market. According to Investopedia, a penny stock refers to a small company’s shares that trade for just less than 5 cents per share. The trading of penny stocks is a stepping stone for small companies to move to a market that is larger as it allows them to access funds from the general public. However, don’t get it wrong – it can also be an extremely risky activity, as Sykes will be able to tell you through his many years of experience.
From his beginnings in the latter years of high school, Tim Sykes has, since then, earned an estimated $6 million profits throughout his illustrious career as a trader. At the age of 25 Tim Sykes had received greater exposure and a larger reach of influence as a participant in the reality TV show “Wall Street Warriors.” He then took advantage of it to create trading rooms, penny stock themes, and educational material aimed at those who are new to the trading field. He also helped establish Profit.ly as a place for 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 most appealing features is the vast array of educational tools, trade alerts as well as other useful information provided by the company’s internal gurus. Gurus are referred to experts in the field of trading who have proven to make substantial amounts of money from their collective years of experience. Timothy Sykes Trading Dvd
At its peak, Profit.ly had housed up to five gurus, each of them an expert in their niche within the world of trading. Some of the prominent gurus included Connor Bruggermann, Nathan Michaud of Investors Underground, and Triforce as well as a handful of others. As of this writing, there are only two gurus who remain on this platform: the founder and penny stock trader 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 offers.
From Tim Sykes Tim Sykes
Sykes offers a basic stock trading service that focuses on penny-stock day trading via Tim’s Alerts. At $74.95 for a month you’ll be able to observe him focus on fundamental catalysts for stocks and utilize them to forecast the next move that is possible when trading.
A standalone purchase from Tim’s Alerts will get you access to the chatroom, as well as the mobile app available to iOS and Android devices; text, e-mail, and push alerts; and a daily stock watchlist.
From Tim Sykes: The Pennystocking Silver Package
Pennystocking Silver is the premium version that has been upgraded of the Tim’s Alerts program. Priced at $149.95 per month, this is a great option for those who are involved in the penny-stock market. Pennystocking Silver comes with all the standard features that were included in prior plans, which includes alerts for swing trading and access to an extensive collection of more than 7,000 educational videos, with new ones released each week.
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From “Superman” Paul Scolardi: Superman Alerts
Scolardi who is known under the name “Superman,” is a professional in swing trading with an eye for small-cap monumental stocks and crazy-accurate marketing forecasts. In the time since the time he started trading, Superman has amassed over $5.5 million in trading profits. Timothy Sykes Trading Dvd
The Superman Alerts plan is an offering of essential features and alerts on trading geared towards those who might be interested. For $147 per month, you’ll gain an access to the day-to-day premarket stock watchlist along with the mobile app, daily market updates in real-time, as well as E-mail and SMS alerts.
In “Superman” Paul Scolardi: Superman Pro
For the price of $247, you receive additional features, as well as access to a knowledgeable base provided by Superman himself via his Superman Pro package. Alongside the standard features featured in the Alerts plan, Superman Pro gives you weekly video lessons, including the growing collection of the previous ones. On top of that you’ll also gain the ability to access premium reports on research and an IPO as well as earnings tracking tool.
Profit.ly plans and costs
If you’re ready to join the world of online trading and make a mark on the market, Profit.ly has the right amount of resources to help you going. Profit.ly offers three membership tiers, each designed for traders at different levels. Let’s look at what the three levels are and what they’ll cost you.
This package for novices is Profit.ly’s entry-level plan designed especially for people who are brand new to the trading community. As you sign up for this package you’ll be offered a range of strong and indispensable trading tools, all of them integral in keeping your hands on what we could call a ruthless process in and of itself.
Among the list of things you can accomplish using Profit.ly’s Novice package include the capability to check trades and track profits; leading, following, and even messaging other traders; and leaving feedback on today’s trades. You can also get on leaderboards; analyze your trades, sort and filter your trades; and lastly, look at other people’s statistics.
The Novice plan will cost $29.95 per month. Although it looks attractive just by the price however, there’s a drawback. It isn’t possible to create a private account, making your personal information public. If you’re looking to get an account with this option, be watching for us to introduce to you Profit.ly’s new plan.
The Trader package allows users to benefit from many of the features of the Novice plan. It is in this plan that you can set up an account that is private for sharing with fellow associates all your insights and information you have gained from the trading community.
Priced at $49.95/month, Profit.ly’s Trader plan does what the name suggests caters people who want to improve their expertise in trading. As nice as it seems however, there’s a crucial feature that is missing. In contrast to the Novice package, this one won’t be able to view the statistics of other traders that might be a drawback for those eager to try this new tier. Timothy Sykes Trading Dvd
The Professional plan can be described as the most premium package that Profit.ly can offer to experienced traders. At $74.95 each month and 22% off for billing annually This plan offers everything. You get full, no-holds-barred access to all the features from the two previous plans.
You’re not only able to view other people’s stats and data, but you also have the chance to create an individual profile. Both of these features, on top of all the advantages you’ll be able to use to the fullest potential. If you’re in search of an option that gives you everything you need as trader with experience, the Pro tier could be for you!
Profit.ly’s Other Services
Apart from the provided trainer tools and leaderboards, Profit.ly has a few additional services that it can provide. One of those is its online store, which lets users select from a variety of instructional videos that are designed to inform and guide you through the ins and outs 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 such as”Trading Tickers, “Trading Tickers” series by trader professional Tim Grittani, Timothy Sykes’s collection of DVDs, streaming-only content about penny stocking, short stocking, and all other things trading-related, clips and footage taken from The Annual Pennystocking Conference, and items from other experts in trading.
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The integrated chat rooms are included in Profit.ly’s range of services and features. You’re probably familiar with the concept of the chat room since you can find it throughout social and messaging platforms in addition to a few special websites that provide live chat assistance. However, in Profit.ly the chat room is viewed as a hands-on space where experts and their member traders can communicate and share knowledge in real-time. Every guru has their own style when it comes to running their chat room and dealing with the listed members there. Some may be laid back and not very often engaged, while another could be more active and in touch in their interactions with students. Consider chatrooms as Profit.ly’s version of the 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 trader types, from beginners to experienced pros. Given the wide range of options it can provide, the platform surely has something for every person.
Newbies, for instance, will appreciate Profit.ly’s collection of educational information available on the platform. In addition, they will be enriched with weekly videos and chat room tips by its internal gurus and members. Additionally, they can choose from the items in its online store that they can take with them wherever they be. Additionally, they can gain practical experiences by trading through the platform, but eventually, they will soon learn that this is a risky game that shouldn’t be treated as a joke.
For traders who have many years of experience down the line, we believe Profit.ly as equally as suitable to the newcomers. While novice traders may not be as adept at handling trading matters but the experts already know how it works along with the stack full of risks that it carries. Ideally, they may utilize Profit.ly’s variety of features to their best advantage to enhance their skills in trading. As beginners, they are able to learn from the top experts and experts , and use those short tips and tricks along the way.
Profit.ly’s ‘all-together’ nature doesn’t just apply to newbies as well as semi-seasoned traders. Certified experts can also take part in the enjoyment! People in the trade industry who are at an equal level with Superman or Tim Sykes can also use Profit.ly’s capabilities. Profit.ly’s capabilities to showcase their skill to others in order to assist them in the ever-changing trading process. Timothy Sykes Trading Dvd
Profit.ly’s Pros and Cons
- Profit.ly’s many 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’ll receive excellent training and tips from the in-house gurus, including video libraries that teach you how to learn and trading in real-time.
- You’re guaranteed transparency throughout Profit.ly with accurate analytics as well as fellow traders that are waiting to reach you out if something occurs.
- The leaderboard feature on the platform gives you a way to build your reputation as a reliable and verifiable trader
- In addition to its primary abilities, Profit.ly also gives its customers additional options to meet their preferences, such as posting unauthentic trades via images
- Profit.ly’s wide array of subscription levels and guru packages are priced at affordable rates There’s something for all
- Profit.ly’s bountiful stream of packages and products offered may not be enough for most of its users
- If traders decide to post any kind of trade, there is an opportunity that some them will profit by selecting the best trades in order to increase the rating this could be a concern that should not be ignored.
- Profit.ly does not accept refunds, as its premium users will immediately benefit from the many services the platform has to offer
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The Final Concluding Question is: Is Profit.ly Valued?
If we were able to 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 get-rich-quick scheme. The platform was not always designed to be used for this reason. Instead, you need to have curiosity. Timothy Sykes Trading Dvd
What we are referring to”yes” is it is a fantastic learning tool. Those who may be stuck might discover Profit.ly’s array of resources useful in their efforts to incur lesser loss and perform better than before. It’s not only the struggling traders who will benefit from this platform. It is able to accommodate novices and even experts in the field!
So, if you genuinely desire to be more successful in trading and would like to learn from your mentors and peers along the way, then take a look at Profit.ly. Profit.ly could be a good option to begin.
FAQ Timothy Sykes Trading Dvd
How do you use Profit.ly to post your trades?
Profit.ly has an entry section for trades in the ‘My Trade category on the dashboard. It allows you to post your trades, verifiable or otherwise. You may choose between three choices:
- Linking your account with your broker of choice and import the trades from that directly
- Manually entering your trades into provided spaces and specifics
- Upload a screenshot of your transactions
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 the chance that it is verifiable. This is indicated with the blue check mark. If you post it in a manual way or by taking images, it will be assigned as unverified.
The disadvantage of an unauthenticated trade is the risk of receiving negative feedback from colleagues. If you receive too many negative votes, it could result in you appearing in the Madoff leaderboard, which is where the public are able to identify who is untruthful in submitting trades.
Is the Profit.ly mobile app still in use?
At the time of writing, Profit.ly is still available to download from the App Store for Apple and in the Google Play store. The mobile app version is compatible with the majority of operating tablets and smartphones.
How many are using 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 develop and grow in their ability to take advantage of opportunities on the stock market all over the world.