Stock trading can be an extremely risky game. On certain days, you may be reaping the benefits of pleasing and positive numbers. However, on other days it could be the reverse, and it may sometimes be very difficult to get back to where you were your best. If you are always in the mud You will need to realize that relying on your instincts and preserving is not always enough.
If you’ve experienced losses from time to time and you’re likely to require sound advice from tried-and-tested trading experts. Also, you’ll need a significant boost from your trading partners from all over the globe, which is why we’ve discovered a platform that can support you to improve your performance in the market. This review will take a look at Profit.ly, a well-recognized 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 Tv Show
Users Experience 4.5/5
Profit.ly can be described as an online platform for trading that enables traders of various levels to be informed and accountable, as well as transparent and to build relationships with one another through its wide range of features and tools like chat rooms, trade verification as well as an extensive library of educational material.
What exactly is Profit.ly?
Profit.ly is a site for trading that functions as a learning and training platform for traders who are just beginning their journey as well as a place for traders who are experienced to monitor their performance through the use of cutting-edge analytics tools. Providing users with a wide range of resources for trade and communication, it helps traders from every field of business connect with one another. It also allows gurus to make an opportunity to invest in the right areas of this platform. Imagine it as the social media equivalent the likes of Facebook and Reddit, but for professionals 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 guarantees that the trades are valid and won’t tolerate inauthenticity as much as possible. It was established years ago by the penny stock trade expert and investment expert Timothy Sykes, along with the other expert Michael Mosseri.
One time during his interview with Forbes publication, Sykes stated that Profit.ly was motivated by its focus “on showing the entire spectrum of trades, something which was never done before.” The idea, he added, served two goals: 1.) making public records for everyone, not just the experts as well as newsletter writers and students as well as) giving anyone on the platform to gain insight into the losses and wins to the benefit of the trading industry. Timothy Sykes Tv Show
How Does It How Does It
Profit.ly utilizes a subscription model that lets stock traders benefit from a variety of features and services aimed towards achieving achievement. You may set up an account for free, but you’re only limited to having the ability to navigate through the leaderboard and observe the activities of non-gurus. If you’re interested in investing your money to see which stocks the gurus are trading in real-time You’ll need to subscribe to any of Profit.ly’s deals, which we will go over shortly.
The process of opening an account is easy: create an account with your experience and knowledge, then connect to your brokerage account, and you’ll be given a chance to shoot through high on the leaderboard. Profit.ly’s Leaderboard function, which was mentioned previously, is designed to give its users an insight into how the community of traders performs as well as its gurus. It’s not just a way to prove that you’re worthy to the large group of traders. You are also able to use Profit.ly to buy with a guru, and have the confidence that you are confident in their skills and the legitimacy of their claims.
If you are unsure about the concept of leaking the details of your broker account then you could opt to post your trades, either verified or not, by taking screenshots. Also included in Profit.ly is the huge selection of trading classes, the ability to view statistics on a person’s profile as well as other ways to connect with your gurus in the chatroom, in addition to text and e-mail alerts and updates.
Meet Tim Sykes, the founder: Tim Sykes
Timothy Sykes is a well-renowned day trader who has been famously known for his involvement in penny stock trading. According to Investopedia, a penny stock is a small business’s shares that trade for under $5 for each share. Penny stock trading is an avenue for small businesses to transition to a market that is larger as they can access capital from the public. However, don’t get it wrong – it can also be an extremely risky activity, as Sykes will be able to tell you thanks to his years of expertise.
Since his initial beginnings in the latter years of the high schools, Tim Sykes has, since then, made an estimated $6 million earnings throughout his illustrious career as trading professional. When he was 25 years old, he had been given greater exposure and an even wider impact as a participant in the reality show “Wall Street Warriors.” Then, he made use of the show to develop trading rooms as well as penny stock themes and educational material aimed at people who are brand new to trading. He also helped to establish Profit.ly as a platform for transparency and for the community to lift each other up and compete on the platform.
The Profit.ly Gurus
One of Profit.ly’s most appealing features is the vast array of education sources, trade alerts as well as other useful information provided by the company’s internal gurus. These gurus refer to the trading experts who have made substantial profits from their collective years of experience. Timothy Sykes Tv Show
At its peak, Profit.ly had housed up to five gurus, each of them a professional in their niche in the field of trading. Some of the most prominent experts 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. In light of that we’ll take a look at what packaged deals each guru offers.
From Tim Sykes Tim Sykes: Tim’s Alerts
Sykes offers an essential stock trading service which focuses on penny-stock day trading via Tim’s Alerts. At $74.95 per month, you’ll be able to see him concentrate on the fundamental catalysts for stocks and utilize them to predict the next move that is possible when making trades.
A purchase on its own in Tim’s Alerts will get you access to the chatroom and the mobile app that’s available on iOS and Android devices; text, e-mail 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, upgraded version of the Tim’s Alerts program. At $149.95 per month, it is the perfect plan for investors who are involved in penny stock trading. Pennystocking Silver includes all the basic features found in prior plans, which includes swing trading alerts and unlimited access to a rich library of over 7,000 educational videos that are updated each week.
The following video is from “Superman” Paul Scolardi: Superman Alerts
Scolardi, who goes by the name “Superman,” is a professional in swing trading with an eye for both tiny-cap massive stocks as well as wildly accurate marketing forecasts. Through the years since the time he started trading, Superman has amassed over $5.5 million in total trading earnings. Timothy Sykes Tv Show
The Superman Alerts plan is his package of vital features and alerts on trading geared to those interested. For $147/month, you’ll get access to the daily stock watchlist that is premarket and the mobile app, daily market commentary shown in real-time, and E-mail and SMS alerts.
The film “Superman” Paul Scolardi: Superman Pro
For $247 per month, you can enjoy additional features, plus access to an extensive base of knowledge that is provided by Superman himself through Superman Pro. Superman Pro package. In addition to the basic features featured in the Alerts package, Superman Pro gives you daily video lessons, which include an ever-growing library of previous lessons. On top of that you’ll also have the ability to access premium reports on research 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 make a mark on the industry, Profit.ly has the right amount of resources to help you up and running. Profit.ly offers three membership levels that cater to traders at different levels. Let’s break down what these three tiers are and how much they will cost you.
The Novice package is Profit.ly’s entry-level plan designed especially for those who are new to the trading community. Once you have signed up for this package, you will be immediately provided with a variety of powerful and indispensable trading tools, all of them integral in keeping your hands on what we can describe as a cutthroat process by itself.
Some of the features you can do using Profit.ly’s Novice program is the ability to confirm trades and track profits as well as leading, following and even chatting with your fellow traders, as well as leaving feedback on today’s trades. You’re also allowed to get onto leaderboards; study your trades, sort and filter your trades; and lastly, look at other people’s statistics.
The Novice plan costs $29.95 per monthly payment. While it may look attractive just by the price however, there’s a drawback. You can’t create a private account, making your actions public. If you’re looking to get an account with this option, you should stay tuned as we introduce to you Profit.ly’s next plan.
The Trader Plan
The Trader package lets you to take advantage of many of the features of The Novice package. In this plan, that you can create a private profile to share with other associate users all the insights and knowledge you gain from trader’s community.
Costing $49.95/month, Profit.ly’s Trader plan will do what the name implies catering to those who desire to improve their skills in trading. As nice as it seems but there’s one important aspect that’s not included. As opposed to the prior Novice package, you won’t be able to see other traders’ statistics, which could be a disadvantage for those who are looking forward to this tier. Timothy Sykes Tv Show
The Professional plan can be described as the most luxurious package Profit.ly can offer to experienced traders. It costs $74.95 monthly, and 22% off when billed annually This plan offers everything. You will have full, unrestricted access to all the features of the prior plans.
Not only do you get to look at other people’s statistics as well, you’re also offered the option of creating an individual profile. These two features are on top of all the benefits that you can use to their fullest capacity. If you’re in search of an option that gives you with everything you require as a skilled trader, maybe the Pro tier could be ideal for you!
Profit.ly’s Other Services
Apart from the trainer tools and leaderboards, Profit.ly provides a variety of more services it has to offer. One of them is the online store, which allows users to pick from a range of video products created to provide guidance on the nuances and pitfalls of trading. All of the products featured in this section of the website can be bought immediately for your personal use. Among these products include best-sellers like the “Trading Tickers” series by trader specialist Tim Grittani, Timothy Sykes’s library of DVDs and streaming-only content related to penny stocking, short stocking, and all other related to trading, videos and footage from the Annual Pennystocking Conference, and items from other experts in trading.
Chat rooms integrated into Profit.ly are included in Profit.ly’s variety of features and services. You may be familiar with the chat room as you can find it throughout social and messaging platforms as well as some specialty websites that provide live chat assistance. But in Profit.ly it’s seen as a hands-on place where gurus and their members trade and learn in real time. Every guru has their own style when it comes to running their chat room and dealing with the listed members. One might be a laid-back person who is less active, while another may be more active and in touch with their students. Consider chatrooms as Profit.ly’s version of the forum, in essence.
Who is the Ideal Trader for Profit.ly?
Profit.ly’s wide range of products and features cater to an array of stock trader types, from novices to the most experienced. Given the wide range of options it has to offer it is certain to have something for all.
Beginners, for instance, will enjoy Profit.ly’s library of learning information available on the platform. In addition, they will be provided with videos every week and chat room advice from the in-house experts and members. They’ll also be able to select from the products on its store online to carry with them wherever they may travel. They can also gain hands-on experiences by trading through the platform, but ultimately they’ll realize that this is a risky game that should not be viewed as a joke.
For the traders with years of exposure down the line, we believe Profit.ly equally suited for them as it is for those who are just starting. While the newbies may not be as proficient in managing trading but the experts already know how it works along with the plethora of risks that come with it. Ideally, they may use Profit.ly’s variety of options to their maximum advantage to develop their skills in trading. Like beginners, they can study from the gurus as well as experts, and take advantage of short tips and tricks to help them along.
Profit.ly’s “all-inclusive” nature doesn’t just apply to newbies and semi-experienced traders. Verified experts can also join in the fun! Trade professionals who are at an equal level with Superman or Tim Sykes can also use the power of Profit.ly’s abilities to show off their skill to others in order to assist them in the ever-changing trading process. Timothy Sykes Tv Show
Profit.ly’s Pros and Pros and
- Profit.ly’s diverse capabilities as a “one-stop’ platform for trading stocks allows it to provide traders everywhere with tons of learning tools, communication, and trading tools
- You get to be taught by experts and advice from the company’s in-house gurus, including libraries of educational videos and real-time trading activities
- You’re assured of transparency throughout Profit.ly with precise analytics and fellow traders who are ready to reach you out if something occurs.
- The platform’s leaderboard feature gives you a way to build your credibility as a trustworthy and authentic trader
- Apart from its main capabilities, Profit.ly also gives its customers extra options that can be tailored to their needs, like posting trades that are not authentic by taking images
- Profit.ly’s diverse range of subscription levels and guru packages are priced at affordable rates There is truly something for everyone
- Profit.ly’s bountiful stream of products and packages offered might be too much for a lot of its users
- Since traders can choose to post any kind of trade, there is an opportunity that some them may take advantage by selecting the best trades in order to improve their ratings This could be a concern that should not be overlooked.
- Profit.ly does not offer refunds because the premium customers will immediately take advantage of the numerous services that the platform can offer
The Final Concluding Question is: Is Profit.ly worth it?
If we could come up with the answer, it would be yes. But it is important to realize that it shouldn’t be treated as a quick-fix scheme to make money. The platform was not always intended to be created for this reason. Instead, it is best to keep the ability to think with an open heart. Timothy Sykes Tv Show
What we are referring to”yes” is it could be a useful learning tool. For those who are struggling, they could find Profit.ly’s array of resources helpful when they try their best to reduce loss and perform better than they did before. It’s not only the struggling traders who will profit from the platform. It can accommodate beginners and even experts!
If you really care about being more successful in trading and would like to be taught by your peers and experts along the way, then you should look no further than Profit.ly. Profit.ly is a fantastic choice to start.
FAQ Timothy Sykes Tv Show
How can you make use of Profit.ly to publish your trades?
Profit.ly has the option of allowing trade entries in the ‘My Trade section of the dashboard. It lets you post your trades, either verified or not. You may choose between three choices:
- Linking your account with your brokerage of choice and importing transactions directly through there
- Manually entering your trades into the spaces provided and details
- Send a screen shot of your transactions
How can I tell whether the trade is authentic or not?
If you import your trade from a reputable brokerage, there’s an excellent likelihood that it can be verified. This is evident by the small blue check. If you post it manually or through images, it will be assigned as unverified.
The downside of having an unauthentic trade is the possibility of getting downvotes from your colleagues. A large number of downvotes could cause you to be listed on the Madoff leaderboard, where users can see who’s dishonest in posting trades.
Does the Profit.ly mobile application still available?
As of the moment, Profit.ly is still available to download from the Apple App Store and on the Google Play store. The mobile version of the app is compatible with the majority of operating tablets and smartphones.
How many people are currently on Profit.ly?
Profit.ly currently houses over 150,000 traders and investors, as they not only are seeking to make the most profit but also to help one another learn and improve in acquiring opportunities in the stock market left and right.