Stock trading is an exciting game with high stakes. Some days, you could enjoy the benefits of positive and satisfying numbers. On other days, the opposite may happen and it could be extremely difficult to return to where you were at your most productive. If you are immersed in the water, you will have be aware that relying solely on pure instinct and preservation might not be enough.
If you’ve been incurring occasional losses, you’re gonna be needing solid advice from seasoned and tested trading experts. Also, you’ll need a significant boost from your colleagues in the market from all over the globe. That’s why we’ve identified an online platform that will help you in your improvement within the field. This review will be taking the time to look at Profit.ly is a well-known 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 Videos Download
Value: 4.1/5
Quality: 4.1/5
Costs: 4.1/5
The User’s Experience 4.5/5
Summary
Profit.ly can be described as an online platform for trading that allows traders of different levels to be informative responsible, transparent, and to build relationships with each other through its broad array of tools and features including trade verification, chat rooms as well as an extensive library of educational material.
How do I define Profit.ly?
Profit.ly is a trading website that functions as a learning and education platform for traders who are just beginning their journey as well as a place for traders with experience to keep track of their performance using the aid of advanced analytics tools. Providing users with a wide range of resources to facilitate trade and communication, it helps traders from all walks of life connect with each other. It offers gurus with worthwhile investments within the confines of this platform. Consider it a social media site akin to Facebook and Reddit, but for traders and experts.
Profit.ly independently validates trade performance and posts all the data from them in the style of leaderboards. The platform for trading is built on transparency and honesty: it guarantees that the transactions are legitimate and will not tolerate inauthenticity as much as is humanly possible. It was founded years ago by the penny stock trade expert and investment expert Timothy Sykes, along with the other expert Michael Mosseri.
In an appearance in Forbes magazine, Sykes declared that Profit.ly was driven by its focus “on showing all trades, something that was never prior to.” The concept was, he said, serving two objectives: one) making public records for everyone, not just the experts, but also the students and newsletter writers, and 2) giving anyone on the platform to be enlightened by the losses and wins to the benefit of the trading industry. Timothy Sykes Videos Download
How Does It Work?
Profit.ly is a subscription-based platform that lets stock traders have access to a range of services and features geared towards achieving achievement. You can create an account there at no cost, however you’re limited to the ability to navigate through the leaderboards and monitor the actions 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 You’ll need to subscribe to any of Profit.ly’s offerings that we’ll discuss in the near future.
Making an account easy: create an account that includes your personal information and skills, join to your brokerage account and you’ll be given an opportunity to make through the top of the leaderboard. Profit.ly’s leaderboard feature, as we’ve mentioned earlier was designed to offer its users a glimpse of how the community of traders performs as well as its experts. It’s not only a chance to prove that you’re worthy to the large group of traders, but you are also able to use Profit.ly to shop from a guru with the confidence that you are confident in their skills and the credibility of their assertions.
If you’re not comfortable with the concept of leaking your brokerage account, you may decide to share your trades, verified or otherwise, through screenshots. Included in Profit.ly are the vast number of trading courses, the ability to view stats in a trader’s profile and other methods to connect with your gurus via chatrooms as well as email and text alerts as well as updates.
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Meet the Founder: Tim Sykes
Timothy Sykes is a well-renowned day trading personality who is famously known for his efforts in the penny-stock market. According to Investopedia the term “penny stock” is a small business’s stock which trades at under $5 for each share. The penny stock market can be seen as an avenue for small businesses to transition to a market that is larger as it gives them access to money from the public. But don’t make the mistake of thinking that it can also be an extremely risky activity, as Sykes will be able to tell you thanks to his years of experience.
Since his initial beginnings in his late years in high school, Tim Sykes has, since then, made more than $6 million in profit throughout his illustrious career as trader. When he was 25 years old Sykes was given greater exposure and an even wider influence over time when he became part of the reality show “Wall Street Warriors.” He then took advantage of it to establish trading rooms and penny stock themes as well as educational content targeted at those who are new to the trading field. He also helped establish Profit.ly as a place for transparency, and for the community to uplift and compete against each other through the platform.
The Profit.ly Gurus
One of Profit.ly’s most appealing features is the vast array of educational resources, trade alerts, and other helpful stuff provided by the company’s internal gurus. These gurus refer to the trading experts who have earned substantial profits from their combined years of expertise. Timothy Sykes Videos Download
At its peak, Profit.ly had housed up to five gurus, all of them a professional within their particular field in the field of trading. Some of the most prominent experts were Connor Bruggermann, Nathan Michaud of Investors Underground, and Triforce as well as a handful of others. At the time of writing there are only two gurus who remain on this platform: the founder of the penny stock market Tim Sykes and veteran smallcap swing trader Paul Scolardi, also known as Superman. In light of that we’ll take a look at the packages each guru can offer.
From Tim Sykes Tim Sykes: Tim’s Alerts
Sykes offers an essential stock trading service which focuses on penny stock day trading through Tim’s Alerts. At $74.95 for a month you’ll observe him focus on basic stock catalysts and employ them to anticipate the next moves that could occur when trading.
A purchase on its own of 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; as well as a daily watchlist of stocks.
Tim Sykes: From Tim Sykes: The Pennystocking Silver Package
Pennystocking Silver is the highest-quality version, with an upgraded version of Tim’s Alerts package. At $149.95 per month, this is an ideal plan for those who are committed to penny stock trading. Pennystocking Silver comes with all the standard features that were included in prior plans, including alerts for swing trading and access to an extensive collection of more than 7,000 educational videos that are updated weekly.
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The following video is from “Superman” Paul Scolardi: Superman Alerts
Scolardi who goes under the alias “Superman,” is a professional in swing trading with an eye for 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 trading profits. Timothy Sykes Videos Download
The Superman Alerts plan is his package of vital features and trading alerts targeted toward those who may be interested. For $147/month, you’ll get access daily stock watchlist that is premarket and the mobile app, the daily market commentary shown in real time, and E-mail and SMS alerts.
In “Superman” Paul Scolardi: Superman Pro
At $247/month, you get additional features and access to a knowledgeable base of information provided by Superman himself, via Superman Pro. Superman Pro package. Alongside the standard features that are included in the Alerts package, Superman Pro gives you weekly video lessonsthat include the growing collection of the previous ones. On top of that you’ll also gain the ability to access premium reports on research as well as the IPO and earnings tracker.
Profit.ly plans and costs
If you’re looking to join the trading community on the internet and make a mark on the industry, Profit.ly has the right amount of tools to get you going. Profit.ly offers three membership tiers that are designed to accommodate traders at different levels. Let’s take a look at what these three levels are and what they will cost you.
Novice Plan
The package called Novice is Profit.ly’s basic plan that is designed specifically for people who are brand new to the world of trading. Once you have signed up for this plan you’ll be given a slew of robust and essential trading tools, all one of them essential in keeping your fingers 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 program is the ability to confirm trades and track profits and follow-up, leading and even texting other traders; and giving feedback on the trades of today. You can also get on leaderboards, analyze, sort, as well as filter trades and, finally, see other people’s statistics.
The Novice plan will cost $29.95 per monthly payment. While it may look attractive for the price alone but there’s a disadvantage. It isn’t possible to create a private profile, which makes your personal information public. If you’re looking to gain access to this feature, be watching for us to introduce to you Profit.ly’s new plan.
The Trader Plan
The Trader package allows you to use a majority of features from the novice plan. In this plan, that you can create an account that is private for sharing with fellow associate users all the insights and information you have gained from the trading community.
Costing $49.95/month, Profit.ly’s Trader plan does what the name suggests: Cater for those looking to develop their expertise in trading. Although it’s a nice thing, there is one significant element that’s missing. In contrast to the Novice package, you won’t be able to see other traders’ statistics, which could be a problem for those who are looking forward to this tier. Timothy Sykes Videos Download
Pro Plan
The Pro plan is the most expensive plan Profit.ly can offer to experienced traders. It costs $74.95 monthly, which includes an additional 22% discount for billing annually, this tier has everything. You will have full, unrestricted access to all features of the previous plans.
Not only do you get to see other users’ stats as well, you’re also offered the chance to create your own private profile. Both of these options, plus the other advantages you’ll be able to use to the fullest potential. If you’re in search of an option that gives all the features you need to be an experienced trader, the Pro tier could be for you!
Profit.ly’s Other Services
Apart from the training tools and the leadersboards Profit.ly has a few additional services that it can provide. One of those is its online store, which allows users to select from a variety of videos designed to inform and guide you through the ins and outs of trading. Each of the offerings listed in this section of the website can be bought immediately for your personal use. These include best-selling products such as the “Trading Tickers” series by trader professional Tim Grittani, Timothy Sykes’s collection of DVDs, streaming-only content on penny stocking, short stocking, and other related to trading, videos and clips 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 array of services and features. You are probably familiar with the concept of the chat room as you will see it on messaging and social platforms, in addition to a few special websites that provide live chat assistance. However, in Profit.ly, it is seen as a hands-on area where experts and members trade and learn in real time. Each guru has their style in operating their chat room and dealing with the members. One of them may be more laid back and less engaged, while another could be more interactive and online with their students. Consider chatrooms as Profit.ly’s version of the forum in the essence.
Who is the Ideal trader to Profit.ly?
Profit.ly’s wide range of products and features are geared towards a large variety of stock traders, from beginners to experienced pros. Given the wide range of options it can provide this platform definitely has something for all.
Newbies, for instance, will enjoy Profit.ly’s knowledge-based content offered throughout the platform. They will also be enriched with weekly videos and chat room advice by its internal gurus as well as their members. They’ll also be able to choose from the items in its online store for them to take wherever they may go. They can also gain hands-on experience trading on the platform, however they’ll be able to realize that this is a risky game that shouldn’t be taken as an amusing pastime.
For traders who have many years of experience down the road, we consider Profit.ly as equally as suitable for them as it is for people who are just beginning. While the newbies may not be as adept at managing trading but the experts already know how it works along with the stack full of risks that come with it. It is ideal to use Profit.ly’s variety of features to their best advantage to improve their trading abilities. Like beginners, they can learn from the top experts and experts , and use those quick tips and tidbits throughout the process.
Profit.ly’s “all-inclusive” nature does not only apply to beginners or semi-experienced trader. Experts who have been verified can also participate in the excitement! Those in the trading industry who are at similar levels to Superman and Tim Sykes can also use the power of Profit.ly’s capabilities to display their skill to others as a way to navigate them through the ever-changing trading process. Timothy Sykes Videos Download
Profit.ly’s Pros and Pros and
The Pros
- Profit.ly’s diverse capabilities as a ‘one-stop’ stock trading platform enable it to provide traders everywhere with an abundance of knowledge communications, trading, and communication tools
- You’ll be taught by experts and advice from the company’s inside experts, as well as libraries of educational videos and real-time trading activities
- You’re guaranteed transparency throughout Profit.ly with accurate analytics as well as fellow traders ready to call you when something goes wrong.
- The leaderboard feature of the platform offers you the chance to establish your credibility as a trustworthy and dependable trader
- In addition to its primary features, Profit.ly also gives its customers additional options to meet their individual preferences, for instance, posting unauthentic trades via images
- Profit.ly’s variety of subscription plans and guru packages are priced at reasonable prices – there truly is something for every person
The Cons
- Profit.ly’s abundance of packages and services offered could not be enough for a lot of its users
- If traders decide to make any type of trade, there is the possibility that some of them may take advantage by cherry-picking the best trades to boost their rating this could be a risk that shouldn’t be overlooked.
- Profit.ly will not allow refunds because its premium users are expected to instantly benefit from the number of features the platform is able to provide
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The Final Concluding Question: Is Profit.ly worth it?
If we could think of the answer, it’s a ‘yes’. But it is important to realize that the platform should not be used as a scheme to get rich quick. The platform wasn’t originally intended to be created in this way. Instead, you need to have curiosity. Timothy Sykes Videos Download
What we mean”yes” is that it can be a great learning tool. For those who are struggling, they could find Profit.ly’s array of resources helpful as they do their best to incur lesser losses and be more successful than before. It’s not only the poor traders that can profit from the platform. It will be able to accommodate beginners as well as even experts!
If you truly 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 could be a good choice to start.
FAQ Timothy Sykes Videos Download
How do you use Profit.ly to post your trades?
Profit.ly offers a trade entry portion within the “My Trade’ category of the dashboard that lets you record your trades that are verified or not. You may choose between three options:
- Connecting your account to your brokerage of choice and then importing trades directly from there
- Manually inputting your trades with specified spaces and information.
- Take a photo of your trades
How can I tell whether the trade is authentic or not?
If you buy your trade through a reliable brokerage, there is an excellent chance that it is verifiable. This is shown by the small blue check. If you post the information manually or via images, it will be classified as unverified.
The disadvantage of an unauthentic trade is the possibility of receiving negative feedback from colleagues. A large number of downvotes could cause you to show up at the top of the Madoff leaderboard, where people can detect who’s being dishonest in posting trades.
Are the Profit.ly mobile app still in use?
As of the moment, Profit.ly is still available to download via the App Store for Apple 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 connected to Profit.ly?
Profit.ly currently houses more than 150,000 traders and investors, because they are not just looking to earn maximum profits but also help each other develop and grow in their ability to take advantage of opportunities in the stock market both right and left.