Stock trading can be a high-stakes game. On certain days, you might enjoy the benefits of positive and satisfying numbers. On other days you may experience the opposite and it can be extremely difficult to return to where you were your best. If you are immersed in the water You will need to recognize 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 reliable advice from tested and tried trading experts. Also, you’ll need a significant boost from your trading partners from all over the world, which is why we’ve found an online platform that will help you in your growth in the industry. We’ll be taking an in-depth look at Profit.ly A well-respected 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.
Overall Rating: 4.1/5 Trader Checklist Tim Sykes Free
The User’s Experience 4.5/5
Profit.ly can be described as an online platform for trading that enables traders of various levels to be informative responsible, transparent, and uplifting with one another through its wide variety of tools and features including chat rooms, trade verification and a rich library of educational material.
How do I define Profit.ly?
Profit.ly is a trading site which serves as a learning and education platform for people new to trading and as a hub for traders who are experienced to monitor their performance using the aid of sophisticated analytics tools. Providing users with a wide range of resources to facilitate trade and communication that help traders from every field of business connect with one another. It offers gurus with an opportunity to invest in the right areas of this platform. Imagine it as an online social media platform similar like Facebook and Reddit but with a focus on experts and traders.
Profit.ly independently validates trade performance and publishes all data of them in the manner of leaderboards. The platform for trading is built on trust and transparency. it ensures that the trades are valid and won’t tolerate inauthenticity as much as is humanly possible. It was created years ago by the penny expert in stock trading and investment guru Timothy Sykes, along with fellow expert Michael Mosseri.
In an appearance in Forbes magazine, Sykes declared that Profit.ly was based “on showing every trade, something that has never been prior to.” The concept was, he said, serving two purposes: 1) keeping track of public data for not just the gurus and students and newsletter writers, and 2) giving all users to learn from both losses and wins for the trading industry’s benefit. Trader Checklist Tim Sykes Free
How Does It Perform?
Profit.ly follows a subscription-based model that allows stock traders to have access to a range of tools and services that are geared toward success. You may set up an account on the site for free, but you’re only given the ability to navigate through the leaderboard and follow the actions of non-gurus. If you’re looking to invest your money to see which stocks the gurus are trading in real time, you will need to subscribe to any of Profit.ly’s offers, which we will review in the coming days.
Setting up an account is simple: Create an account that includes your personal information and knowledge, then connect your brokerage account, and you’ll be given a chance to shoot your way to at the very top of the list. Profit.ly’s leaderboard feature, as previously mentioned was designed to offer its users a glimpse of the performance of the trading community as well as its experts. It’s not just a way to prove value to a community of traders. You are also able to use Profit.ly to purchase with a professional with the confidence that you are confident with their expertise and the credibility of their claims.
If you feel uneasy with the concept of leaking information about your account with a brokerage, you may opt to post your trades, either verified or otherwise, through pictures. Also included in Profit.ly are the vast number of courses in trading, the ability to view statistics on a person’s profile and other methods to interact with your experts via chatrooms as well as text and e-mail alerts and updates.
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Meet Tim Sykes, the founder: Tim Sykes
Timothy Sykes is a well-renowned day trader who is famously known for delving his hands into penny stock trading. According to Investopedia, a penny stock refers to a small company’s shares that trade for under $5 for each share. The penny stock market can be seen as an avenue for small-scale businesses to make the transition to a large marketplace as it allows them to access capital from the general public. But don’t make the mistake of thinking that it can also be an extremely risky game, as Sykes is sure to reveal thanks to his years of experience.
From his beginnings in the latter years of High School, Tim Sykes has, since then, made more than $6 million in profits during his long and successful career as trader. At the age of 25 Tim Sykes had received greater exposure and a larger impact as a participant in the reality TV show “Wall Street Warriors.” Then, he used the opportunity to develop trading rooms, penny stock themes, and educational material aimed at people who are brand new to trading. He also helped to establish Profit.ly as a place of transparency, and to allow the community to rise and compete against each other through the platform.
The Profit.ly Gurus
One of Profit.ly’s sweet inclusions is the vast array of learning resources, trade alerts, as well as other useful information provided by the company’s internal gurus. Gurus are referred to the trading experts who have made significant amounts of profit through their years of knowledge. Trader Checklist Tim Sykes Free
At its height, Profit.ly had housed up to five gurus, all of them a pro in their field of expertise within the world of trading. Some of the most famous gurus included Connor Bruggermann, Nathan Michaud of Investors Underground, and Triforce, among a few others. As of this writing, only two gurus remain on this platform: Founder as well as 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 the packages each guru has to offer.
From Tim Sykes: Tim’s Alerts
Sykes offers an essential stock trading service with the main priority being penny-stock day trading via Tim’s Alerts. Costing $74.95 for a month you’ll be able to be able to see him concentrate on the fundamental catalysts for stocks and utilize them to predict the next possible moves in making trades.
A single purchase from Tim’s Alerts will get you access to the chatroom, as well as the mobile app that’s available to iOS as well as Android devices; email, text and push alerts as well as a daily watchlist of stocks.
from Tim Sykes: The Pennystocking Silver Package
Pennystocking Silver is the premium, upgraded version of the Tim’s Alerts program. Priced at $149.95 for a month it is an ideal plan for those who are committed to penny stock trading. Pennystocking Silver comes with all the standard features of the previous plan, such as swing trading alerts and unlimited access to an extensive collection of more than 7,000 educational videos, with new ones released each week.
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The following video is from “Superman” Paul Scolardi: Superman Alerts
Scolardi, who goes by the alias “Superman,” is a professional in swing trading with an eye for 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 trading profits. Trader Checklist Tim Sykes Free
The Superman Alerts plan is an offering of essential features and trading alerts geared toward those who may be interested. For just $147 per month, you’ll have access daily premarket stock watchlist along with the mobile application, daily market commentary in real time, and E-mail and SMS alerts.
The film “Superman” Paul Scolardi: Superman Pro
At $247/month, you get additional features and access to the extensive knowledge base provided by Superman himself through his Superman Pro package. On top of the essentials featured in the Alerts package, Superman Pro gives you weekly video lessonsthat include an ever-growing library of the previous ones. Additionally, you’ll also get an access to high-quality research papers as well as an IPO as well as earnings tracking tool.
Profit.ly Programs and Costs
If you’re eager to join the world of online trading and make a mark on the market, Profit.ly has the right amount of resources to get you up and running. Profit.ly offers three membership tiers that cater to traders at different levels. Let’s look at what the three levels are and what they’ll cost you.
The package called Novice is Profit.ly’s beginning-of-the-line plan specifically for people who are brand new to the trading world. Once you have signed to this plan, you will be immediately given a slew of robust and indispensable trading tools, all of them integral in keeping your fingers on what we could call a ruthless procedure in its own.
Some of the features you can do 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. It also allows you to be onto leaderboards; study the results of your analysis, sort, and filter your trades and, lastly, view other people’s statistics.
The Novice plan costs $29.95 per monthly payment. While it may look attractive simply because of the price but there’s a disadvantage. You aren’t able to create a personal profile, thus making your actions public. If you’re interested in have an account with this option, stay tuned as we introduce to you Profit.ly’s next strategy.
The Trader plan allows you to take advantage of the majority of features available in The Novice package. This plan allows that you are able to create an account that is private to share with fellow associate users all the insights and information you have gained from trader’s community.
The price is $49.95/month, Profit.ly’s Trader plan is exactly what it says catering for those looking to develop their trading skills. As nice as it seems but there’s one important feature that is missing. As opposed to the prior Novice package, this one won’t be able view other traders’ statistics, which could be a disadvantage for those anticipating this level. Trader Checklist Tim Sykes Free
This is by far the highest luxurious package Profit.ly can offer to experienced traders. It costs $74.95 per month, which includes an additional 22% discount for billing annually, this tier has everything. It gives you full, unlimited access to all features of the prior plans.
You’re not only able to look at other people’s statistics as well, you’re also offered the chance to create your own private profile. These two features are in addition to the advantages that you can utilize to their fullest capacity. If you’re looking for a plan that can serve all the features you need to be a skilled trader, maybe the Pro tier could be the right choice for you!
Profit.ly’s Other Services
In addition to the trainer tools and leaderboards, Profit.ly has a few additional services that it can provide. One of these is its online store, which lets users pick from a range of videos designed to inform and help you understand the ins and outs of trading. All of the products featured on this page of the website can be bought immediately for your personal use. These include best-selling products such as 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, as well as all things trading-related, clips and clips from The Annual Pennystocking Conference, and items from other experts in trading.
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Chat rooms integrated into Profit.ly are also part of Profit.ly’s variety of services and features. You are probably familiar with the chat room as you can find it throughout social and messaging platforms in addition to a few special websites that offer live chat support. But in Profit.ly it’s seen as a real-time place where gurus and their members trade and exchange knowledge in real-time. Every guru has their own style in operating their chat room and in dealing with the members. Some may be a laid-back person who is less active, while another might be more active and in touch to their pupils. Consider chatrooms as Profit.ly’s version of the forum in its essence.
Who is the Ideal trader to Profit.ly?
Profit.ly’s wide range of products and features cater to the wide range of stock traders, from beginners to experienced pros. Considering the number of offers it offers it is certain to have something for every person.
Newbies, for instance, will enjoy Profit.ly’s collection of educational information available on the platform. Not only will they get daily videos and chat room tips from the in-house experts and members. Additionally, they can choose from the items in its online store to carry with them wherever they travel. You can also get hands-on experience trading on the platform, but eventually they’ll be able to realize that trading is a risky game that should not be viewed as a joke.
For traders who have many years of experience down the line, we believe Profit.ly equally suitable for them as it is for the newcomers. While novice traders may not be as well-equipped with handling trading matters, the pros already understand how it works and the risky mix associated with it. In the ideal scenario, they can use Profit.ly’s array of options to their maximum advantage to develop their trading abilities. Like novices, they can learn from the experts as well as experts, and take advantage of short tips and tricks along the way.
Profit.ly’s “all-in” approach does not only apply to beginners and semi-experienced traders. Experts who have been verified can also participate in the excitement! Those in the trading industry who are on similar levels to Superman or Tim Sykes can also use Profit.ly’s capabilities. Profit.ly’s capabilities to showcase their skills to others as a way to help navigate them through the ever-changing trading process. Trader Checklist Tim Sykes Free
Profit.ly’s Pros and Cons
- Profit.ly’s diverse capabilities as a “one-stop’ stock trading platform allows traders from all over the world with an abundance of knowledge communications, trading, and communication tools
- You will receive excellent training and tips from the in-house gurus, including video libraries that teach you how to learn and live trading activity.
- You can be sure of complete transparency through Profit.ly with precise analytics as well as other traders who are ready to reach you out if something occurs.
- The leaderboard feature on the platform gives you a way to build your credibility as a trustworthy and authentic trader
- Apart from its core capabilities, Profit.ly also gives its users extra options to suit their needs, like posting trades that are not authentic by taking photographs
- Profit.ly’s wide array of subscription levels and guru packages are priced at affordable rates There is truly something for every person
- Profit.ly’s bountiful stream of products and packages offered might not be enough for the majority of its customers
- Since traders can choose to make any type of trade, there is a possibility that some of them could profit from selecting the best trades in order to increase the rating – this may be a risk that shouldn’t be simply overlooked
- Profit.ly does not accept refunds because the premium customers will immediately take advantage of the numerous services the platform has to offer
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The Final Concluding Question: Is Profit.ly Worth It?
If we were able to come up with an appropriate answer for this query, it would be an affirmative “yes”. But you need to understand that the platform should not be used as a get-rich-quick scheme. It wasn’t intended to be created in this way. Instead, it is best to keep an open mind. Trader Checklist Tim Sykes Free
What we are referring to”yes” is that it can be a great learning tool. People who are stuck might discover Profit.ly’s range of resources to be helpful when they try their best to avoid losses and perform better than they did before. It’s not just the struggling traders that will benefit from this platform. It will be able to accommodate beginners as well as even experts in the field!
If you truly want to become a better trader and want to be taught by your mentors and peers along the way, then you should look no further than Profit.ly. Profit.ly is a fantastic option to begin.
FAQ Trader Checklist Tim Sykes Free
How can you make use of Profit.ly to post your trades?
Profit.ly offers the option of allowing trade entries in the My Trade category on the dashboard that lets you record your trades, either verified or not. You may choose between three choices:
- Linking your account to the brokerage of choice and importing transactions directly through there
- Manually entering your trades into provided spaces and specifics
- Send a screen shot of your trades
How can I tell whether the trade is authentic or not?
If you buy your trade from a reputable brokerage, there is the likelihood that it can be verified. This is shown by the blue check mark. If you upload the information manually or via images, it will be classified as unverified.
The drawback of posting an unauthentic trade is the chance of receiving downvotes from colleagues. If you receive too many negative votes, it could cause you to show up on the Madoff leaderboard, which is where the public can detect who’s being untruthful in submitting trades.
Are the Profit.ly mobile app still in use?
At the time of writing, Profit.ly is still available for download on the Apple App Store and the Google Play store. The mobile version of the app is compatible with the majority of working smartphones and tablets.
How many people are connected to Profit.ly?
Profit.ly currently houses more than 150,000 traders and investors, because they are not just trying to maximize profits but also help each other develop and grow in their ability to take advantage of stock market opportunities all over the world.