Stock trading can be an extremely risky game. Some days, you may have the benefit of positive and satisfying numbers. On other days you may experience the opposite and it could be extremely difficult to get back to the point you were at your best. If you find yourself constantly stuck in the gutter it is important to recognize that relying on your instincts and preserving might not be enough.
If you’ve been incurring losses from time to time You’ll need sound advice from tried-and-tested trading experts. Additionally, you’ll require an enormous boost from your trading partners from all over the globe. That’s why we’ve identified an online platform that will help you in your improvement in the market. We’ll be taking the time to 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.
Total Rating: 4.1/5 Timothy Sykes Weekly Watchlist
Value: 4.1/5
Quality: 4.1/5
Costs: 4.1/5
The User’s Experience 4.5/5
Summary
Profit.ly is an online trading platform that allows traders of all levels to be informed responsible, transparent, and uplifting with one another through its wide variety of tools and features including chat rooms, trade verification, and an enriched library of educational material.
What exactly is Profit.ly?
Profit.ly is a trading site which serves as a learning and training platform for traders who are just beginning their journey and also as a platform for traders with experience to keep track of their performance through the use of cutting-edge analytics tools. Offering users a broad array of options for trade and communication that help traders from all walks of life connect with one another. It gives the gurus an opportunity to invest in the right areas of this platform. Imagine it as the social media equivalent the likes of Facebook and Reddit however it is geared towards experts and traders.
Profit.ly independently checks the performance of trades and publishes all data from them in the form of leaderboards. The platform’s trading model is based on honesty and transparency: it ensures that the transactions are legitimate and will not tolerate inauthenticity as much as is humanly possible. It was created many years ago by penny expert in stock trading and investment guru Timothy Sykes, along with fellow expert Michael Mosseri.
One time during his interview for Forbes publication, Sykes stated that Profit.ly was based “on showing all trades, something that has never been done before.” The idea Sykes said served two goals: 1.) creating public track records for not just the gurus, but also the newsletter authors and students as well as) allowing all users to learn from both the wins and losses for the trading industry’s benefit. Timothy Sykes Weekly Watchlist
How Does It Perform?
Profit.ly follows a subscription-based model that lets stock traders have access to a range of tools and services that are geared toward achievement. It is possible to create an account there at no cost, however you’re only given access to the leaderboard and observe the activities of non-gurus. If you’re interested in investing your money to see what stocks the experts are trading in real time it is necessary to join one of Profit.ly’s deals that we’ll discuss in the near future.
Setting up an account is easy: create an account that includes your personal information and skills, join to your brokerage account, and you’ll be given the chance to climb your way to the top of the leaderboard. Profit.ly’s Leaderboard function, which was we’ve mentioned earlier it is designed to provide its users an insight into the performance of the trading community as well as its gurus. It’s not just a way to demonstrate your worth to a group of traders, but you can also use Profit.ly to buy from a guru with the assurance that you’re comfortable with their expertise and the credibility of their assertions.
If you are unsure about the idea of divulging your brokerage account, then you could decide to share your trades, verified or not, via photographs. Also included in Profit.ly is the huge selection of trading classes as well as the ability to look at stats in a trader’s profile, and more ways to interact with your experts via chatrooms 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 is well-known for delving his hands into the penny-stock market. According to Investopedia the term “penny stock” is a small business’s stock that trades for less than $5 per share. The trading of penny stocks can be seen as a stepping stone for small companies to move to a market that is larger as it gives them access to money from the public. But don’t be mistaken – it can also be an extremely risky game, as Sykes is sure to reveal because of his decades of expertise.
Beginning at the end of his time in High School, Tim Sykes has, since then, earned more than $6 million in profits throughout his illustrious career as trader. At 25 years old Tim Sykes had received more exposure and a wider influence over time as a participant in the reality show “Wall Street Warriors.” He made use of the show to establish trading rooms and penny stock themes as well as educational content targeted at those who are new to trading. He also helped establish Profit.ly as a platform for transparency and for the community to lift each other up and compete through the platform.
The Profit.ly Gurus
One of Profit.ly’s amazing features is the variety of learning resources, trade alerts, and other helpful stuff provided by the in-house experts of the platform. These gurus refer to the experts in trading who have made significant amounts of profit from their combined years of knowledge. Timothy Sykes Weekly Watchlist
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 most prominent experts were Connor Bruggermann, Nathan Michaud of Investors Underground, and Triforce among others. As of this writing, however, only two gurus remain on this platform: the founder as well as 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 packaged offers each guru has to offer.
From Tim Sykes Tim Sykes: Tim’s Alerts
Sykes provides a basic stock trading service that focuses on penny-priced day trading with Tim’s Alerts. Costing $74.95 monthly, you’ll be able to be able to see him concentrate on the fundamental stock catalysts and use them to predict the next move that is possible when making trades.
A standalone purchase of Tim’s Alerts will get you access to the chatroom, as well as 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 that has been upgraded of the Tim’s Alerts program. At $149.95 per month, it is the perfect plan for investors who are committed to penny stock trading. Pennystocking Silver offers all the essential features found in the previous plan, which includes swing trading alerts as well as unlimited access to a rich 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 goes by the alias “Superman,” is a swing trading professional with an eye for both massive stocks of the small-cap size and insanely accurate marketing forecasts. Since he began as a trader, Superman has amassed over $5.5 million in trading earnings. Timothy Sykes Weekly Watchlist
The Superman Alerts plan is an package of vital features and trading alerts geared towards those who might be interested. For $147 per month, you’ll gain access to the daily stock watchlist that is premarket as well as the mobile app, daily market updates in real time, and email and SMS alerts.
In “Superman” Paul Scolardi: Superman Pro
At $247/month, you get additional features and access to an extensive base of knowledge of information provided by Superman himself through the Superman Pro package. On top of the essentials that are included in the Alerts package, Superman Pro gives you daily video lessons, which include the growing collection of previous lessons. Additionally you’ll also have the ability to access premium reports on research and an IPO and earnings tracker.
Profit.ly Programs and Costs
If you’re looking to join the online trading community and leave your mark on the field, Profit.ly has the right amount of resources to get you up and running. Profit.ly offers three membership tiers that are designed to accommodate traders with different levels. Let’s look at what the three tiers are and how much they’ll cost you.
Novice Plan
The package called Novice is Profit.ly’s entry-level plan designed especially for people who are brand new to the world of trading. Once you have signed to this plan, you will be immediately given a slew of robust and vital trading tools, each of them integral in keeping your hands on what we could call a ruthless procedure in its own.
Among the list of things you can accomplish with Profit.ly’s Novice program is the ability to verify trades and track profits as well as leading, following and even chatting with your fellow traders; and leaving feedback on today’s trades. You can also get on leaderboards; analyze, sort, or filter the trades you make; and, lastly, view other people’s statistics.
The Novice plan costs $29.95 per monthly payment. Although it might look appealing just by the price, there is a downside. You aren’t able to create a personal profile, which makes your actions public. If you’re interested in have the benefit of this service, you should keep an eye on us as we present to you Profit.ly’s next strategy.
The Trader Plan
The Trader package allows users to benefit from a majority of features from The Novice package. This plan allows that you can set up a private profile to share with fellow associate users all your knowledge and intel in trader’s community.
The price is $49.95/month, Profit.ly’s Trader plan does what the name suggests catering for those looking to harness their skills in trading. Although it’s a nice thing but there’s one important element that’s missing. In contrast to the Novice package, this one won’t be able to view the statistics of other traders this might be a drawback for those who are eager to try this new tier. Timothy Sykes Weekly Watchlist
Pro Plan
The Pro plan is the most luxurious package Profit.ly could offer for seasoned traders. At $74.95 each month which includes 22% off when billed annually, this tier has everything. You get full, no-holds-barred access to all the features of the prior plans.
You’re not only able to see other users’ stats as well, you’re also offered the opportunity to create your own private profile. Both of these features, on top of all the advantages that you can utilize to their fullest capacity. If you’re looking for a plan that can serve you everything you need as an experienced trader, the Pro tier could be the right choice for you!
Profit.ly’s Other Services
In addition to the tools for training and Leaderboards Profit.ly provides a variety of other services they provide. One of those is its online store, which lets users select from a variety of video products that are designed to educate and help you understand the nuances and pitfalls of trading. The products listed on this page of the site can be immediately purchased for personal use. Among these products include best-sellers like”Trading Tickers, “Trading Tickers” series by trader professional Tim Grittani, Timothy Sykes’s collection of DVDs, streaming-only content about short stocking, penny stocking, as well as all aspects of trading. There are also clips and footage taken from events like the Annual Pennystocking Conference, and products from other expert traders.
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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 see it across social and messaging platforms, in addition to a few special websites that offer live chat support. However, in Profit.ly, it is seen as a real-time space where experts and their member traders can communicate and share knowledge in real-time. Every guru has their own way in running their chat rooms and dealing with the listed members. One of them may be more laid back and rarely active, while another may be more online and communicative with their students. Consider chatrooms as Profit.ly’s version of the forum, in essence.
Who is the ideal trader to Profit.ly?
Profit.ly’s wide range of products and features are geared towards an array of stock traders, from novices to the most experienced. With the variety of deals it has to offer it is certain to have something for all.
For instance, newbies will enjoy 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 their members. They’ll also be able to choose from the items from its online store for them to take wherever they may travel. You can also get hands-on experiences from trading within the platform, however they’ll realize that this is a risky game that shouldn’t be treated as an amusing pastime.
For the traders with decades of experience in the road, we consider Profit.ly equally suited for them as it is for those who are just starting. Although the novices might not be as well-equipped with dealing with trading issues however, experienced traders know how it works and the plethora of risks that come with it. It is ideal to use Profit.ly’s array of features to their full advantage to develop their trading abilities. As beginners, they are able to study from the gurus and experts , and use those quick tips and tidbits along the way.
Profit.ly’s “all-in” approach does not only apply to beginners and semi-experienced traders. Certified experts can also take part in the fun! Those in the trading industry who are on an equal level with Superman as well as Tim Sykes can also use Profit.ly’s capabilities. Profit.ly’s capabilities to display their skill to others as a way to guide them through the ever-illustrious trading process. Timothy Sykes Weekly Watchlist
Profit.ly’s Pros and Pros and
The Pros
- Profit.ly’s numerous capabilities as a “one-stop’ stock trading platform enable it to provide traders everywhere with a wealth of education communications, trading, and communication tools
- You’ll be provided with excellent lessons and tips from the inside experts, as well as video libraries that teach you how to learn and real-time trading activities
- You can be sure of complete transparency through Profit.ly with precise analytics and fellow traders who are ready to reach you out whenever something happens
- The platform’s leaderboard feature gives you the chance to establish your credibility as a trustworthy and dependable trader
- Apart from its core capabilities, Profit.ly also gives its customers additional options to meet their needs, like posting trades that are not authentic by taking screenshots
- Profit.ly’s diverse range of subscription plans and guru packages are priced at reasonable prices There is truly something for every person
The Cons
- Profit.ly’s numerous products and packages offered might seem overwhelming for a lot of its customers
- As traders may opt to post any kind of trade, there is an opportunity that some them may take advantage by picking the most profitable trades to boost their rating this could be a risk that shouldn’t be overlooked.
- Profit.ly does not offer refunds because the premium customers will immediately take advantage of the numerous features the platform is able to offer
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The Final Concluding Question is: Is Profit.ly Valued?
If we could think of the answer, it would be yes. However, you must realize that the platform should not be used as a quick-fix scheme to make money. The platform was not always designed to be used for this reason. Instead, it is best to keep an open mind. Timothy Sykes Weekly Watchlist
What we do mean”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 before. Not only 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 care about being more successful in trading and would like to be taught by your peers and experts along the way, then take a look at Profit.ly. Profit.ly may be a great option to begin.
FAQ Timothy Sykes Weekly Watchlist
How can you make use of Profit.ly to publish your trades?
Profit.ly has a trade entry portion in the ‘My Trade section of the dashboard which lets you record your trades, either verified or not. You may choose between three choices:
- Connecting your account to your brokerage of choice and importing transactions directly through there
- Manually inputting your trades with provided spaces and specifics
- Upload a screenshot of your trades
How do I know if the trade is verifiable or not?
If you import your trade through a reliable brokerage, there’s the chance that it is verifiable. This is indicated with the blue check mark. If you submit it in a manual way or by taking screenshots, it will automatically be assigned as unverified.
The disadvantage of an unverified trade is the possibility of receiving negative feedback from colleagues. Too many downvotes may result in you appearing at the top of the Madoff leaderboard, which is where the public can detect who’s being dishonest in posting 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 version of the app is compatible with the majority of functioning tablets and smartphones.
How many are using Profit.ly?
Profit.ly currently houses over 150,000 traders and investors, as they not only are trying to maximize profits but also assist each other to grow and learn more about acquiring opportunities on the stock market both right and left.
