Stock trading can be a high-stakes game. On some days, you might enjoy the benefits of positive and satisfying numbers. On other days, however, the opposite may happen and it can be extremely difficult to get back to where you were at your best. If you are constantly stuck in the gutter, you will have be aware that relying solely on your instincts and preserving may not always be enough.
If you’ve experienced loss from time to time and you’re likely to require reliable advice from tested and tried trading experts. You’re also gonna need a significant boost from your fellow traders from around the globe. That’s why we’ve discovered a platform that can support you in your improvement within the field. This review will be taking an in-depth 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.
Total Rating: 4.1/5 Timothy Sykes Watchlist Reddit
Value: 4.1/5
Quality: 4.1/5
Costs: 4.1/5
Users Experience 4.5/5
Summary
Profit.ly is an online trading platform that enables traders of various levels to be informed and accountable, as well as transparent and encouraging each other by offering a wide range of features and tools like trade verification, chat rooms as well as an extensive library of educational material.
How do I define Profit.ly?
Profit.ly is a trading site that serves both as a learning and education platform for those who are just beginning their journey as well as a place for traders who are experienced to monitor their performance through the use of advanced analytics tools. It provides users with a vast range of resources for communication and trade and letting traders from every field of business connect with each other. It offers gurus with worthwhile investments within the confines that the site. Think of it as a social media site akin like Facebook and Reddit, but for professionals and traders.
Profit.ly independently checks the performance of trades and posts all the data of them in the manner of leaderboards. The platform for trading is built on honesty and transparency: it ensures that the trades are valid and won’t tolerate inauthenticity as much as it is possible. It was established in the past by penny stock trade expert and investment guru Timothy Sykes, along with fellow expert Michael Mosseri.
In an appearance in Forbes magazine, Sykes declared that Profit.ly was driven by its focus “on the transparency of every trade, something that was never previously done.” This idea was, he said, serving two objectives: one) creating public track records for not just the gurus as well as newsletter writers and students, and 2) making it possible for all users to learn from both losses and wins to benefit the industry of trading. Timothy Sykes Watchlist Reddit
How Does It Perform?
Profit.ly utilizes a subscription model that allows stock traders to benefit from a variety of features and services aimed towards achieving achievement. You can create an account for free, but you’re only given access to the leaderboard and observe the activities of people who aren’t gurus. If you’re interested in investing your money in order to find out which stocks the gurus are trading in real time, you will need to sign up to one of Profit.ly’s offerings, which we will review in the coming days.
Setting up an account is easy: create an account with your experience and skills, join to your brokerage account, and you’ll be given the chance to climb your way to high on the leaderboard. Profit.ly’s Leaderboard function, which was mentioned previously was designed to offer its users a glimpse of the performance of the trading community and its experts. It’s not only a chance to prove value to a community of traders, as you can also use Profit.ly to purchase with a professional with the confidence that you are confident with their expertise and the credibility of their assertions.
If you feel uneasy with the idea of sharing the details of your broker account you can opt to post your trades, either verified or not, via photographs. Also 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 communicate with your gurus via chatrooms along with 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 guru who has been famously known for his involvement in the penny-stock market. According to Investopedia, a penny stock refers to a small-sized company’s shares that trade for under $5 for each share. Penny stock trading could be viewed as an opportunity for small companies to move into a larger market because it gives them access to funds from the public. But don’t make the mistake of thinking that it can also be an extremely risky activity, as Sykes can surely tell because of his decades of experience.
Since his initial beginnings in his late years in the high schools, Tim Sykes has, since then, made over $6 million of earnings throughout his illustrious career as trading professional. When he was 25 years old Tim Sykes had received greater exposure and an even wider impact when he became part of the reality TV show “Wall Street Warriors.” He then used the opportunity to develop trading rooms, penny stock themes, as well as educational content targeted at those who are just beginning to learn about trading. He also played a role in establishing Profit.ly as a place for transparency and for the community to lift each other up and compete with each other through the platform.
The Profit.ly Gurus
One of Profit.ly’s amazing features is the variety of education resources, trade alerts, and other useful stuff offered by the platform’s in-house gurus. The gurus in question refer to experts in the field of trading who have proven to make substantial profits from their combined years of knowledge. Timothy Sykes Watchlist Reddit
At its height, Profit.ly had housed up to five gurus, all of them a professional within their particular field within the world of trading. Some of the prominent experts included Connor Bruggermann, Nathan Michaud of Investors Underground, and Triforce among others. At the time of writing, however, only two gurus remain on the platform: the founder and penny stock trader Tim Sykes and veteran smallcap swing trader Paul Scolardi, also known as Superman. With that taken into consideration we’ll take a look at the packaged offers each guru can offer.
From Tim Sykes Tim Sykes: Tim’s Alerts
Sykes provides a basic stock trading service that focuses on penny stock day trading through Tim’s Alerts. At $74.95 monthly, you will see him focus on the fundamental stock catalysts and use them to anticipate the next moves that could occur when trading.
A purchase on its own in Tim’s Alerts will get you access to the chatroom as well as the mobile application that is available for iOS as well as Android devices, as well as text, e-mail and push alerts; as well as a daily watchlist of stocks.
From Tim Sykes: The Pennystocking Silver Package
Pennystocking Silver is the premium version that has been upgraded of the Tim’s Alerts package. Priced at $149.95 per month, this is the perfect plan for those who are more involved in investing in penny stocks. Pennystocking Silver includes all the basic features of the previous plan, which includes swing trading alerts as well as unlimited access to a rich collection of more than 7,000 educational videos that are updated each week.
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The following video is from “Superman” Paul Scolardi: Superman Alerts
Scolardi who is known under the alias “Superman,” is a trader who has an eye for small-cap monumental stocks and crazy-accurate marketing forecasts. Through the years since when he first started trading, Superman has amassed over $5.5 million in all-time trading earnings. Timothy Sykes Watchlist Reddit
The Superman Alerts package is his package of vital features and trading alerts targeted toward those who may be interested. For $147/month, you’ll get an access to the day-to-day premarket stock watchlist as well as the mobile app, the daily market updates in real-time, as well as E-mail and SMS alerts.
In “Superman” Paul Scolardi: Superman Pro
At $247/month, you get additional features, as well as access to the extensive knowledge base of information provided by Superman himself via the Superman Pro package. On top of the essentials featured in the Alerts plan, Superman Pro gives you weekly video lessonsthat include an ever-growing library of previous lessons. In addition, you’ll also get an access to high-quality research papers as well as the IPO as well as earnings tracking tool.
Profit.ly Programs and Costs
If you’re looking 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. The platform offers three membership levels, each designed for traders of different levels. Let’s take a look at what these three are and how much they’ll cost you.
Novice Plan
The Novice package is Profit.ly’s basic plan that is designed specifically for those who are just beginning their journey to the trading community. Once you have signed up for this package you’ll be given a slew of robust and essential trading tools, each one of them essential in keeping your fingers on what call a competitive process in and of itself.
The list of features you can do using Profit.ly’s Novice package is the ability to confirm 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. You can also get on leaderboards, analyze your trades, sort and filter your trades; and, finally, see other’s stats.
The Novice plan costs $29.95 per month. While it may look attractive for the price alone, there is a downside. You aren’t able to create a personal profile, which makes your actions public. If you’re interested in gain an account with this option, be watching for us to introduce to you Profit.ly’s next strategy.
Trader Plan
The Trader package allows users to benefit from many of the features of The Novice package. It is 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 this trading group.
Costing $49.95/month, Profit.ly’s Trader plan does what the name suggests caters people who want to improve their expertise in trading. Although it’s a nice thing however, there’s a crucial element that’s missing. As opposed to the prior Novice package, this one won’t be able to view the statistics of other traders, which could be a disadvantage for some who may be anticipating this level. Timothy Sykes Watchlist Reddit
Pro Plan
The Professional plan can be described as the highest luxurious package Profit.ly can offer to experienced traders. With $74.95 monthly, with an additional 22% discount for annual billing the Pro plan has it all. You will have full, unrestricted access to all options of the prior plans.
Not only do you get to look at other people’s statistics and data, but you also have the opportunity to create a private profile. Both of these features, plus the other advantages you’ll be able to use to the maximum extent. If you’re looking for a plan that can serve you with everything you require as trader with experience, the Pro level is ideal for you!
Profit.ly’s Other Services
In addition to the training tools and the leaderboards, Profit.ly offers a number of more services it has to provide. One of these is its online store, where customers can select from a variety of video products designed to inform and provide guidance on the ins and outs of trading. Each of the offerings listed on this page of the website can be purchased immediately for personal use. Some of these include bestsellers such as”Trading Tickers, “Trading Tickers” series from trading professional Tim Grittani, Timothy Sykes’s library of DVDs and streaming-only content on short stocking, penny stocking, as well as all related to trading, videos and clips of The Annual Pennystocking Conference, and other products by expert traders.
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The chat rooms that are integrated are also part of Profit.ly’s range of services and features. You may be familiar with the chat room since you can find it throughout social and messaging platforms and also on a few specialty websites that provide live chat assistance. But on Profit.ly, it is 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. Some may be more laid back and not very often engaged, while another could be more active and in touch in their interactions with students. Consider chat rooms as Profit.ly’s version of the forum, in its essence.
Who is the best Trader for Profit.ly?
Profit.ly’s variety of offerings and features caters to the wide range of stock trader types, from novices to the most experienced. Considering the number of offers it has to offer this platform definitely has something for everyone.
Beginners, for instance, can take advantage of Profit.ly’s library of learning content offered throughout the platform. Not only will they get daily videos and chat room tips by its internal gurus and their members. Additionally, they can pick from the merchandise available on its store online to carry with them wherever they may be. You can also get hands-on experiences from trading within the platform, but ultimately they’ll be able to realize that trading is a risky game that should not be viewed as an amusing pastime.
For traders who have many years of experience down the line, we believe Profit.ly as equally as suitable to them as those who are just starting. While the newbies may not be as well-equipped with dealing with trading issues, the pros already understand how it works along with the plethora of risks that it carries. In the ideal scenario, they can use Profit.ly’s variety of options to their maximum advantage to develop their trading abilities. Like novices, they can study from the gurus and experts and utilize those short tips and tricks to help them along.
Profit.ly’s ‘all-together’ nature doesn’t just apply to newbies as well as semi-seasoned traders. Experts who have been verified can also participate in the enjoyment! People in the trade industry who are at the same level as Superman or Tim Sykes can also use the power of Profit.ly’s capabilities to showcase their skills to others as a way to help navigate them through the ever-changing trading process. Timothy Sykes Watchlist Reddit
Profit.ly’s Pros and Pros and
The Pros
- Profit.ly’s diverse capabilities as a ‘one-stop’ stock trading platform enable traders from all over the world with an abundance of knowledge tools, communication, and trading tools
- You’ll 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 trading in real-time.
- You can be sure of complete transparency through Profit.ly with accurate analytics as well as fellow traders who are ready to reach you out if something occurs.
- The platform’s leaderboard feature gives you a way to build your reputation as a reliable and verifiable trader
- In addition to its primary capabilities, Profit.ly also gives its customers additional options to meet their individual preferences, for instance, posting unauthentic trades via images
- Profit.ly’s diverse range of packages and subscription levels are priced at affordable rates There’s something for all
The Cons
- Profit.ly’s abundance of packages and products offered may seem overwhelming for the majority of its users
- If traders decide to make any type of trade, there is the possibility that some of them may take advantage by selecting the best trades in order to increase the rating – this may be a concern that should not be overlooked.
- Profit.ly does not offer refunds as its premium users are expected to instantly benefit from the many services the platform has to provide
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The Final Verdict The Final Verdict: Is Profit.ly Valued?
If we were able to come up with an appropriate answer for this query, it’s an affirmative “yes”. But you need to understand that this platform shouldn’t be viewed as a get-rich-quick scheme. The platform wasn’t originally intended to be created for this reason. Instead, you should have an open mind. Timothy Sykes Watchlist Reddit
What we are referring to”yes” is it is a fantastic learning tool. People who are stuck may find Profit.ly’s array of resources to be helpful as they do their best to incur lesser loss and perform better than before. It’s not just the struggling traders who will benefit from this platform. It will be able to accommodate beginners as well as even experts in the field!
So, if you genuinely want to become a better trader and want to learn from your peers and experts along the way, then you should look no further than Profit.ly. Profit.ly is a fantastic option to begin.
FAQ Timothy Sykes Watchlist Reddit
How can you make use of Profit.ly to make your trades public?
Profit.ly offers an entry section for trades in the ‘My Trade section of the dashboard that lets you 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 using the spaces provided and details
- Upload a screenshot of your trades
How do I know if the trade is verifiable or not?
If you import your trade from a trusted brokerage, there’s the chance that it is verifiable. This is evident by the small blue check. If you submit the information manually or via images, it will be classified as unverified.
The downside of having an unauthentic trade is the possibility of getting downvotes from your colleagues. If you receive too many negative votes, it could cause you to be listed in the Madoff leaderboard, which is where the public are able to identify who is fraudulent in posting trades.
Is the Profit.ly mobile application still available?
As of the moment, 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 working smartphones and tablets.
How many people are currently using Profit.ly?
Profit.ly currently houses over 150,000 traders and investors, since they’re not just trying to maximize profits but also assist each other to develop and grow in their ability to take advantage of opportunities in the stock market all over the world.
