The stock market can be an extremely risky game. On some days, you may have the benefit of positive and satisfying numbers. On other days, the opposite may happen and it can be extremely difficult to return to where you were your most productive. If you are immersed in the water, you will have be aware that relying solely on your instincts and preserving may not always be enough.
If you’ve experienced losses from time to time, you’re gonna be needing reliable advice from tested and tried trading experts. You’re also gonna need an important boost from colleagues in the market from all over the globe, which is why we’ve found an online platform that will help you to improve your performance in the industry. In this review, we’ll take an in-depth look at Profit.ly, a well-recognized one-stop 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.
Overall Rating: 4.1/5 What Does It Cost To Take Timothy Sykes Course
User Experience: 4.5/5
Profit.ly is an online trading platform that allows traders of all levels to be knowledgeable and accountable, as well as transparent and to build relationships with each other through its broad array of tools and features like trade verification, chat rooms and a rich library of educational material.
What exactly is Profit.ly?
Profit.ly is a trading website that serves both as a learning and training platform for traders new to trading as well as a place for experienced traders to track their performance through the use of cutting-edge analytics tools. Providing users with a wide range of resources to facilitate trade and communication that help traders from all walks of life network with each other. It also allows gurus to make worthy investments within the boundaries that the site. Consider it an online social media platform similar the likes of Facebook and Reddit, but for professionals and traders.
Profit.ly independently verifies trade performances and publishes all data from them in the style of leaderboards. The trading platform is built on transparency and honesty: it makes sure that trades are valid and won’t tolerate inauthenticity as much as it is possible. It was founded years ago by the penny stock trade expert and investment expert Timothy Sykes, along with fellow expert Michael Mosseri.
In an interview with Forbes magazine Sykes said that Profit.ly was driven by its focus “on showing every trade, something that was never prior to.” The idea Sykes said served two purposes: 1) making public records for everyone, not just the experts as well as newsletter writers and students and secondly) allowing everyone on the platform to be enlightened by both the wins and losses to benefit the industry of trading. What Does It Cost To Take Timothy Sykes Course
How Does It How Does It
Profit.ly is a subscription-based platform which allows stock traders to have access to a range of tools and services that are geared towards achieving success. You can create an account there for free, but you’re only given the ability to navigate through the leaderboard and observe the activities of non-gurus. If you’re ready to invest your money to see which stocks the gurus are trading in real-time it is necessary to join one of Profit.ly’s offers that we’ll discuss in the near future.
The process of opening an account is simple: Create an account with your experience and skills, join to your brokerage account and you have yourself a chance to shoot your way up to at the very top of the list. Profit.ly’s leaders’ board feature as mentioned previously, is designed to give its users an insight into how the community of traders performs as well as its gurus. It’s not only a chance to prove your worth to a community of traders. You are also able to use Profit.ly to buy with a guru, and have the confidence that you are confident of their knowledge and the credibility of their assertions.
If you’re not comfortable with the concept of leaking your brokerage account, you can decide to share your trades, verified or otherwise, through pictures. Also included in Profit.ly are a variety of trading classes as well as the ability to look at statistics on a person’s profile as well as other ways to communicate with your gurus via chatrooms as well as email and text alerts as well as updates.
Meet the Founder: Tim Sykes
Timothy Sykes is a well-renowned day trader who is well-known for his involvement in penny stock trading. According to Investopedia, a penny stock is a small business’s shares that trade for just less than 5 cents per share. Penny stock trading can be seen as an opportunity for small companies to move to a large marketplace as they can access money from the public. But don’t make the mistake of thinking that it can also be a high-risk game, which Sykes is sure to reveal because of his decades of experience.
Beginning in the latter years of High School, Tim Sykes has, since then, earned over $6 million of profit through his lengthy career as a trader. At 25 years old Sykes was given more exposure and a wider influence over time when he was a part of the reality show “Wall Street Warriors.” He then took advantage of it to develop trading rooms as well as penny stock themes as well as educational content targeted at people who are brand new to 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 through the platform.
The Profit.ly Gurus
One of Profit.ly’s sweet inclusions is the wide range of educational sources, trade alerts and other helpful stuff provided by the platform’s in-house gurus. These gurus refer to the trading experts who have earned substantial profits from their collective years of experience. What Does It Cost To Take Timothy Sykes Course
At its peak, Profit.ly had housed up to five gurus, all of them a professional in their niche within the world of trading. Some of the most prominent experts were Connor Bruggermann, Nathan Michaud of Investors Underground, and Triforce among others. At the time of writing only two gurus remain on this platform: the founder and 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 packaged offers each guru has to offer.
From Tim Sykes: Tim’s Alerts
Sykes offers an essential stock trading service that focuses on penny-priced day trading with Tim’s Alerts. The cost is $74.95 monthly, you will be able to see him concentrate on the fundamental stock catalysts and use them to anticipate the next moves that could occur when trading.
A standalone purchase from Tim’s Alerts will get you access to the chatroom as well as the mobile application that is available to iOS and Android devices, as well as email, text and push alerts; as well as a daily watchlist of stocks.
From Tim Sykes: The Pennystocking Silver Package
Pennystocking Silver is the highest-quality, upgraded version of the Tim’s Alerts program. At $149.95 for a month it is the perfect plan for those who are more committed to the penny-stock market. Pennystocking Silver offers all the essential features of the previous plan, such as swing trading alerts and unlimited access to a library of over 7,000 educational videos, with new ones released every week.
The following video is from “Superman” Paul Scolardi: Superman Alerts
Scolardi who goes 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 he began as a trader, Superman has amassed over $5.5 million in total trading profits. What Does It Cost To Take Timothy Sykes Course
The Superman Alerts plan is an offering of essential features and trading alerts targeted toward those who may be interested. For $147 per month, you’ll gain access daily premarket stock watchlist and the mobile app, the daily market updates in real time, and E-mail and SMS alerts.
The film “Superman” Paul Scolardi: Superman Pro
For the price of $247, you receive additional features, as well as access to the extensive knowledge base provided by Superman himself via the Superman Pro package. In addition to the basic features included in the Alerts package, Superman Pro gives you weekly video lessons, including a growing library of all the previous ones. On top of that you’ll also have an access to high-quality research papers and the IPO as well as earnings tracking tool.
Profit.ly Plans and Costs
If you’re eager to join the trading community on the internet and leave your mark on the field, Profit.ly has the right amount of resources to get you up and running. The platform offers three membership tiers, each designed for traders at different levels. Let’s look at what the three are and how much they’ll cost you.
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 vital trading tools, all one of them essential in keeping your fingers on what we could call a ruthless procedure in its own.
Among the list of things you can do with Profit.ly’s Novice package is the capability to check trades and track profits as well as leading, following and even texting other traders; and providing feedback on trades today. You’re also allowed to get on leaderboards; analyze the results of your analysis, sort, or filter the trades you make and, lastly, view other people’s statistics.
The Novice plan will cost $29.95 per monthly payment. Although it looks attractive for the price alone, there is a downside. You aren’t able to create a personal account, making your actions public. If you do want to get access to this feature, you should stay tuned as we introduce to you Profit.ly’s next plan.
The Trader package lets you to use the majority of features available in the Novice plan. In this plan, that you are able to create a private profile for sharing with fellow associates all your insights and intel in the trading community.
The price is $49.95/month, Profit.ly’s Trader plan will do what the name implies catering to those who desire to harness their trading skills. While it’s nice however, there’s a crucial feature that is missing. In contrast to the Novice package, you will not be able to see other traders’ stats this could be a problem for those who are looking forward to this tier. What Does It Cost To Take Timothy Sykes Course
The Pro plan is the most expensive plan Profit.ly could offer for seasoned traders. It costs $74.95 each month which includes a 22% discount when billed annually This plan offers everything. You get full, no-holds-barred access to all the features from the two previous plans.
You’re not only able to view other people’s stats, but you’re also given the opportunity to create your own private profile. Both of these options, in addition to the advantages that you can utilize to the maximum extent. If you’re looking for an account that will give all the features you need to be a skilled trader, maybe the Pro level is the right choice for you!
Profit.ly’s Other Services
Apart from the training tools and the Leaderboards Profit.ly offers a number of additional services that it can offer. One of these is its online store, where customers can pick from a range of video products that are designed to educate and guide you through the nuances and pitfalls of trading. Each of the offerings listed in this section of the site can be immediately purchased for personal use. These include best-selling products such as”Trading Tickers,” the “Trading Tickers” series from trading professional Tim Grittani, Timothy Sykes’s collection of DVDs and streaming-only content related to short stocking, penny stocking, and other related to trading, videos and scenes taken from events like the Annual Pennystocking Conference, and items from other experts in trading.
The integrated chat rooms are included in Profit.ly’s variety of services and features. You are probably familiar with the concept of chat rooms since you can see it across social and messaging platforms, in addition to a few special websites that provide live chat assistance. However, in Profit.ly the chat room is viewed as a place where gurus and their members can interact and share knowledge in real-time. Every guru has their own way in operating their chat room and dealing with the listed members there. One of them may be a laid-back person who is less active, while another might be more online and communicative in their interactions with students. Consider chatrooms as Profit.ly’s version of the forum in its essence.
Who is the best Trader for Profit.ly?
Profit.ly’s wide range of products and features caters to the wide range of stock traders, ranging from novices to experienced professionals. With the variety of deals it can provide it is certain to have something for everyone.
For instance, newbies can take advantage of Profit.ly’s knowledge-based materials available across the platform. Not only will they be enriched with weekly videos and chat room advice from the in-house experts as well as their members. They’ll also be able to choose from the items on its store online for them to take wherever they go. You can also get hands-on experiences from trading within the platform, but eventually they’ll be able to realize that this is a risky game that shouldn’t be treated as an amusing pastime.
For traders who have many years of experience down the line, we believe Profit.ly equally suitable to the newcomers. While the newbies may not be as proficient in managing trading, the pros already understand how it works along with the plethora of risks associated with it. In the ideal scenario, they can make use of Profit.ly’s variety of features to their best advantage to develop their skills in trading. Like novices, they can learn from the experts as well as experts, and take advantage of simple tips and hints to help them along.
Profit.ly’s “all-inclusive” nature doesn’t just apply to newbies or semi-experienced trader. Experts who have been verified can also participate in the excitement! Trade professionals who are at similar levels to Superman or Tim Sykes can also use Profit.ly’s capabilities. Profit.ly’s abilities to show off their skill to others as a way to guide them through the ever-illustrious trading process. What Does It Cost To Take Timothy Sykes Course
Profit.ly’s Pros and Cons
- Profit.ly’s diverse capabilities as a ‘one-stop’ stock trading platform enable it to provide traders everywhere with an abundance of knowledge tools, communication, and trading tools
- You will be taught by experts and tips from the in-house gurus, including collections of educational videos as well as real-time trading activities
- You’re guaranteed transparency throughout Profit.ly with precise analytics as well as other traders ready to call you when something goes wrong.
- The leaderboard feature on the platform gives you the opportunity to increase your credibility as a trustworthy and dependable trader
- In addition to its primary capabilities, Profit.ly also gives its customers additional options to meet their preferences, such as posting unauthentic trades via images
- Profit.ly’s variety of subscription levels and guru packages are priced at a reasonable cost There’s something for all
- Profit.ly’s abundance of packages and products offered may seem overwhelming for a lot of its customers
- If traders decide to make any type of trade, there is a possibility that some of them may take advantage by selecting the best trades in order to improve their ratings – this may be a problem that shouldn’t be simply overlooked
- Profit.ly does not offer refunds as its premium users will immediately take advantage of the numerous services the platform has to provide
The Final Concluding Question: Is Profit.ly Worth It?
If we could think of an answer to this question, it would be yes. But it is important to realize that the platform should not be used as a get-rich-quick scheme. It wasn’t intended to be created to achieve this goal. Instead, it is best to keep curiosity. What Does It Cost To Take Timothy Sykes Course
What we mean”yes” is that it could be a useful learning tool. People who are stuck might find Profit.ly’s array of resources to be helpful as they do their best to reduce loss and perform better than before. It’s not only the struggling traders that will profit from the platform. It will be able to accommodate beginners as well as even experts in the field!
If you really want to become more successful in trading and would like to be taught by your peers and experts on the way, take a look at Profit.ly. Profit.ly may be a great choice to start.
FAQ What Does It Cost To Take Timothy Sykes Course
How do you use Profit.ly to publish your trades?
Profit.ly offers an entry section for trades within the My Trade category on the dashboard that allows you to post your trades, either verified or otherwise. There are three choices:
- Linking your account with your broker of choice and import the trades from that directly
- Manually inputting your trades with specified spaces and information.
- Take a photo of your trades
What can I do to determine whether the trade is authentic or not?
If you import your trade from a reputable brokerage, there’s an excellent chance that it is verifiable. This is evident by the small blue check. If you upload it in a manual way or by taking pictures, it will be assigned as unverified.
The disadvantage of an unverified trade is the risk of receiving negative feedback from fellow peers. A large number of downvotes could cause you to be listed in the Madoff leaderboard, which is where the public are able to identify who is untruthful in submitting trades.
Is the Profit.ly mobile app still in use?
As of the moment, Profit.ly is still available to download from the App Store for Apple and the Google Play store. The mobile app version is compatible with most working smartphones and tablets.
How many people are using Profit.ly?
Profit.ly currently houses over 150,000 investors and traders since they’re not just trying to maximize profits but also help each other learn and improve in acquiring opportunities on the stock market both right and left.