Stock trading can be a high-stakes game. On some days, you could 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 return to the point you were at your most productive. If you find yourself immersed in the water it is important to realize that relying on your instincts and preserving may not always be enough.
If you’ve suffered occasional losses You’ll need 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 improvement within the field. In this review, we’ll be taking the time to look at Profit.ly is a well-known 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. 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 Video Download
Value: 4.1/5
Quality: 4.1/5
Costs: 4.1/5
Users Experience 4.5/5
Summary
Profit.ly can be described as an online platform for trading that enables traders of different levels to be informative, transparent, accountable, and encouraging each other by offering a wide variety of tools and features like chat rooms, trade verification as well as an extensive library of educational content.
How do I define Profit.ly?
Profit.ly is a trading site that functions as a learning and training platform for traders new to trading and also as a platform for experienced traders to track their performance using the aid of advanced analytics tools. Providing users with a wide range of resources for communication and trade, it helps traders from every field of business connect with each other. It also allows gurus to make an opportunity to invest in the right areas of this platform. Think of it as the social media equivalent the likes of Facebook and Reddit but with a focus on traders and experts.
Profit.ly independently verifies trade performances and posts all the data from them in the style of leaderboards. The platform for trading is built on trust and transparency. it makes sure that transactions are legitimate and will not allow for fraud as much as is humanly possible. It was founded 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 for Forbes magazine Sykes declared that Profit.ly was motivated by its focus “on showing all trades, something that has never been done before.” This idea Sykes said served two purposes: 1) making public records for all traders, not just the gurus as well as newsletter authors and students, and 2) giving anyone on the platform to gain insight into both losses and wins for the trading industry’s benefit. Timothy Sykes Video Download
How Does It How Does It
Profit.ly utilizes a subscription model that allows stock traders to benefit from a variety of tools and services that are geared towards achieving the success of their business. It is possible to create an account there at no cost, however you’re only limited to having the ability to navigate through the leaderboards and monitor the activities of non-gurus. If you’re interested in investing your money in order to find out what stocks the experts are trading in real-time it is necessary to subscribe to any of Profit.ly’s offers, which we will review in the coming days.
Making an account simple: Create a profile with your experiences and knowledge, then connect 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 previously mentioned was designed to offer its users an insight into their performance as a trading group and its experts. It’s not just a way to show your worth to a community of traders. You are also able to use Profit.ly to purchase from a guru with the confidence that you are confident in their skills and the veracity of their claims.
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. Included in Profit.ly are a variety of trading courses, the ability to view stats in a trader’s profile and other methods to communicate with your gurus through the chatroom as well as 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 his efforts in trades in penny stocks. According to Investopedia, a penny stock is a small business’s shares that trade for under $5 for each share. Penny stock trading could be viewed as an opportunity for small-scale businesses to make the transition to a market that is larger as it allows them to access funds from the public. But don’t make the mistake of thinking that it can also be an extremely risky activity, as Sykes is sure to reveal thanks to his years of expertise.
Since his initial beginnings in the latter years of the high schools, Tim Sykes has, since then, made over $6 million of earnings during his long and successful career as trading professional. At the age of 25 Sykes was given greater exposure and an even wider influence over time when he became part of the reality series “Wall Street Warriors.” Then, he took advantage of it to create trading rooms and penny stock themes and educational material aimed at people who are brand new to the trading field. He also played a role in establishing Profit.ly as a platform for transparency and for the community to uplift and compete with each other on the platform.
The Profit.ly Gurus
One of Profit.ly’s sweet inclusions is the variety of learning sources, trade alerts and other useful stuff offered by the platform’s in-house gurus. These gurus refer to the trading experts who have earned significant amounts of profit from their combined years of expertise. Timothy Sykes Video Download
At its height, Profit.ly had housed up to five gurus. Each of them a pro within their particular field in the field of trading. Some of the most famous experts included Connor Bruggermann, Nathan Michaud of Investors Underground, and Triforce as well as a handful of others. At the time of writing however, 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. With that taken into consideration we’ll take a look at what packaged deals each guru has to offer.
From Tim Sykes Tim Sykes
Sykes provides a basic stock trading service which focuses on penny stock day trading through Tim’s Alerts. The cost is $74.95 monthly, you will observe him focus on fundamental catalysts for stocks and utilize them to anticipate the next possible moves in trading.
A purchase on its own in Tim’s Alerts will get you access to the chatroom and the mobile app that’s available for iOS and Android devices, email, text 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 package. At $149.95 for a month this is the perfect plan for investors who are invested in penny stock trading. Pennystocking Silver comes with all the standard features of the previous plan, which includes swing trading alerts and unlimited access to an extensive library of over 7,000 educational videos, with new ones released every week.
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From “Superman” Paul Scolardi: Superman Alerts
Scolardi who is known under the alias “Superman,” is a trader who has an eye for both massive stocks of the small-cap size and insanely accurate marketing forecasts. In the time since he began as a trader, Superman has amassed over $5.5 million in total trading profits. Timothy Sykes Video Download
The Superman Alerts plan is his offering of essential features and alerts on trading geared towards those who might be interested. For $147/month, you’ll get an access to the day-to-day stock watchlist that is premarket and the mobile app, the daily market commentary shown in real-time, as well as SMS and e-mail alerts.
From “Superman” Paul Scolardi: Superman Pro
At $247/month, you get additional features, plus access to the extensive knowledge base that is provided by Superman himself, via the Superman Pro package. In addition to the basic features featured in the Alerts package, Superman Pro gives you weekly video lessonsthat include an ever-growing library of other previous ones. In addition you’ll also have 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 online trading community and leave a mark in the field, Profit.ly has the right amount of tools to get you going. The platform has three membership levels that cater to traders at different levels. Let’s look at what the three are and how much they’ll cost you.
Novice Plan
The Novice package is Profit.ly’s beginning-of-the-line plan specifically for people who are brand new to the trading community. As you sign to this plan, you will be immediately given a slew of robust and indispensable trading tools, all of which is essential to keep your fingers on what we can describe as a cutthroat process by itself.
Some of the features you can do using Profit.ly’s Novice package is the capability to check the results of your trades and track profit and follow-up, leading and even texting your fellow traders, as well as leaving feedback on today’s trades. It also allows you to be onto leaderboards; study, sort, or filter the trades you make and lastly, look at other people’s statistics.
The Novice plan is $29.95 per month. Although it looks attractive just by the price however, there’s a drawback. You aren’t able to create a personal profile, thus making your personal information public. If you’re looking to have access to this feature, you should stay tuned as we introduce to you Profit.ly’s new plan.
The Trader Plan
The Trader plan allows you to use many of the features of The Novice package. This plan allows that you are able to create an account that is private to share with fellow associates all your insights and knowledge you gain from the trading community.
The price is $49.95/month, Profit.ly’s Trader plan is exactly what it says: Cater for those looking to develop their expertise in trading. While it’s nice but there’s one important aspect that’s not included. As opposed to the prior Novice package, you won’t be able to see the statistics of other traders that might be a drawback for those who are eager to try this new tier. Timothy Sykes Video Download
Pro Plan
This is by far the most premium package that Profit.ly could offer for seasoned traders. With $74.95 monthly, and an additional 22% discount when billed annually, this tier has everything. You get full, no-holds-barred access to all the options of the previous plans combined.
You’re not only able to view other people’s stats, but you’re also given the chance to create a private profile. Both of these features, plus the other advantages you’ll be able to use to their fullest capacity. If you’re looking for 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 has a few other services they offer. One of those is its online store, which allows users to choose from a wide array of instructional videos that are that are designed to educate and help you understand the nuances and pitfalls of trading. Each of the offerings listed in this section of the website is available to be bought immediately for your personal use. These include best-selling products such as the “Trading Tickers” series from trading specialist Tim Grittani, Timothy Sykes’s collection of DVDs, streaming-only content related to short stocking, penny stocking, and other aspects of trading. There are also clips and footage of the Annual Pennystocking Conference, and products from other expert traders.
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The chat rooms that are integrated are included in Profit.ly’s array of services and features. You’re probably familiar with the chat room as you can see it across social and messaging platforms, and also on a few specialty websites that provide live chat assistance. However, 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 way when it comes to running their chat room and dealing with the listed members. Some may be more laid back and rarely active, while another might be more interactive and online with their students. Consider chat rooms like Profit.ly’s version of a forum, in the essence.
Who is the Ideal trader to Profit.ly?
Profit.ly’s variety of offerings and features cater to the wide range of stock trader types, from beginners to experienced pros. Considering the number of offers it offers this platform definitely has something for all.
Newbies, for instance, will appreciate Profit.ly’s collection of educational content offered throughout 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 choose from the items from its online store to carry with them wherever they go. They can also gain hands-on experiences from trading within the platform, however they’ll realize that the process is a high stakes game that shouldn’t be treated as an opportunity to make fun of.
For traders who have many years of experience down the line, we believe Profit.ly equally suited to the newcomers. While the newbies may not be as well-equipped with dealing with trading issues but the experts already know how it works and the plethora of risks that it carries. In the ideal scenario, they can utilize Profit.ly’s array of features to their full advantage to enhance their trading skills. Like beginners, they can study from the gurus as well as experts, and take advantage of short tips and tricks along the way.
Profit.ly’s “all-inclusive” nature does not only apply to beginners as well as semi-seasoned traders. Certified experts can also take part in the fun! Trade professionals who are at similar levels to Superman as well as Tim Sykes can also use Profit.ly’s capabilities. Profit.ly’s capabilities to showcase their expertise to other traders in order to assist them in the ever-changing trading process. Timothy Sykes Video Download
Profit.ly’s Pros and Pros and
The Pros
- 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 provided with excellent lessons and advice from the company’s inside experts, as well as video libraries that teach you how to learn and live trading activity.
- You can be sure of complete transparency through Profit.ly with accurate analytics as well as other traders that are waiting to reach you out whenever something happens
- The leaderboard feature on the platform gives you the chance to establish your reputation as a reliable and dependable trader
- Apart from its main features, Profit.ly also gives its customers additional options to meet their needs, like posting unauthentic trades via screenshots
- Profit.ly’s variety of subscription plans and guru packages are priced at affordable rates There is truly something for every person
The Cons
- Profit.ly’s bountiful stream of products and packages offered might be too much for most of its customers
- Since traders can choose to open any kind of trade, there’s the possibility that some of them could profit from selecting the best trades in order to increase the rating This could be a problem that shouldn’t be overlooked.
- Profit.ly will not allow refunds because its premium users are expected to immediately benefit from the number of services the platform has 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 answer to this question, it’s an affirmative “yes”. But it is important to realize that this platform shouldn’t be viewed as a get-rich-quick scheme. The platform wasn’t originally designed to be used for this reason. Instead, you need to have an open mind. Timothy Sykes Video Download
What we mean”yes” is it is a fantastic learning tool. Those who may be stuck may discover Profit.ly’s array of resources helpful as they do their best to incur lesser losses and perform better than before. It’s not just the poor traders that can benefit from this platform. It can accommodate beginners and even experts!
If you really want to become more successful in trading and would like to learn from your peers and experts on the way, look no further – Profit.ly could be a good choice to start.
FAQ Timothy Sykes Video Download
How do you use Profit.ly to make your trades public?
Profit.ly has an entry section for trades in the ‘My Trade section of the dashboard which lets you post your trades, either verified or not. You may choose between three options:
- Linking your account with your brokerage of choice and importing 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’s the likelihood that it can be verified. This is evident by the blue check mark. If you upload the information manually or via screenshots, it will automatically be classified as unverified.
The drawback of posting an unauthentic trade is the risk of receiving negative feedback from friends and colleagues. A large number of downvotes could result in you appearing on the Madoff leaderboard, where people are able to identify who is dishonest in posting trades.
Is the Profit.ly mobile application still available?
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 version of the app is compatible with most operating tablets and smartphones.
How many people are currently on Profit.ly?
Profit.ly currently houses over 150,000 investors and traders since they’re not just looking to earn maximum profits but also assist each other to learn and improve in acquiring opportunities on the stock market all over the world.
