Stock trading can be an extremely risky game. On certain days, you might enjoy the benefits of positive and satisfactory numbers. However, on other days, the opposite may happen and it can be very difficult to get back to where you were at your peak. If you find yourself always in the mud it is important to realize that relying on instinct and survival may not always be enough.
If you’ve been incurring occasional losses You’ll need reliable advice from tested and tried trading experts. Additionally, you’ll require an important boost from trading partners from all over the world, which is why we’ve found an option that can help you in your growth in the industry. We’ll be taking a look at Profit.ly A well-respected 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 Which Are The Most Helpful Timothy Sykes Videos
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 various levels to be informed responsible, transparent, and uplifting with each other by offering a wide range of features and tools including trade verification, chat rooms, and an enriched library of educational content.
What exactly is Profit.ly?
Profit.ly is a trading site that functions as a learning and education platform for those new to trading and also as a platform for traders who are experienced to monitor their performance with the help of advanced analytics tools. It provides users with a vast variety of tools for communication and trade that help traders from all walks of life network with each other. It offers gurus with an opportunity to invest in the right areas of this platform. Consider it the social media equivalent like Facebook and Reddit, but for professionals and traders.
Profit.ly independently validates trade performance and then publishes the information from them in the style of leaderboards. The trading platform is built on transparency and honesty: it makes sure that transactions are legitimate and will not tolerate inauthenticity as much as it is possible. It was created in the past by penny stock trade expert and investment expert Timothy Sykes, along with the other expert Michael Mosseri.
One time during his interview for Forbes magazine Sykes said that Profit.ly was based “on the transparency of the entire spectrum of trades, something which was never done before.” The concept, he added, served two objectives: one) keeping track of public data for everyone, not just the experts, but also the newsletter authors and students, and 2) allowing everyone on the platform to learn from the losses and wins for the trading industry’s benefit. Which Are The Most Helpful Timothy Sykes Videos
How Does It Perform?
Profit.ly is a subscription-based platform which allows stock traders to gain access to a multitude of services and features geared towards achieving achievement. You can create an account on the site for free, but you’re limited to access to the leaderboards and monitor the actions of non-gurus. If you’re looking to invest your money in order to find out which stocks the gurus are trading in real time, you will need to subscribe to any of Profit.ly’s offerings, which we will go over shortly.
Making an account simple: Create an account with your experience and expertise, connect to your brokerage account and you’ll be given a chance to shoot your way up to at the very top of the list. Profit.ly’s leaders’ board feature as previously mentioned, is designed to give its users a look at how the community of traders performs as well as its experts. It’s not just a way to show that you’re worthy to the large group of traders, as you are also able to use Profit.ly to shop from a guru with the assurance that you’re comfortable of their knowledge and the veracity 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 photographs. Also included in Profit.ly are the vast number of courses in trading and the capability to see the stats of a trader’s account as well as other ways to interact with your experts via chatrooms along with 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 has been famously known for delving his hands into the penny-stock market. According to Investopedia, a penny stock is a small business’s shares that trade for just less than 5 cents per share. The penny stock market could be viewed as an avenue for small-scale businesses to make the transition to a large marketplace as it gives them access to funds from the general public. However, don’t get it wrong – it’s also an extremely risky activity, as Sykes is sure to reveal thanks to his years of experience.
From his beginnings at the end of his time in the high schools, Tim Sykes has, since then, earned an estimated $6 million profits throughout his illustrious career as a trader. At 25 years old, he had been given greater exposure and an even wider influence over time when he became part of the reality TV show “Wall Street Warriors.” Then, he used the opportunity to develop trading rooms and penny stock themes and educational material aimed at those who are just beginning to learn about trading. He also helped establish Profit.ly as a place for transparency, and for the community to uplift and compete against each other on 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. The gurus in question refer to experts in the field of trading who have made substantial profits from their combined years of experience. Which Are The Most Helpful Timothy Sykes Videos
At its height, Profit.ly had housed up to five gurus, each of them a pro in their niche 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. As of this writing, however, only two gurus remain on the platform: 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 we’ll take a look at the packages each guru offers.
From Tim Sykes Tim Sykes: Tim’s Alerts
Sykes provides a basic stock trading service which focuses on penny-stock day trading via Tim’s Alerts. Costing $74.95 for a month you’ll be able to observe him focus on basic stock catalysts and employ them to anticipate the next moves that could occur when trading.
A single purchase of 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 texts, emails and push alerts and a daily stock watchlist.
from Tim Sykes: The Pennystocking Silver Package
Pennystocking Silver is the most premium version that has been upgraded of the Tim’s Alerts program. At $149.95 for a month it is a great option for investors who are invested in the penny-stock market. Pennystocking Silver includes all the basic features found in prior plans, such as swing trading alerts as well as unlimited access to an extensive library of more than 7,000 instructional videos, with new ones released weekly.
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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 both small-cap monumental stocks and crazy-accurate marketing forecasts. In the time since he began as a trader, Superman has amassed over $5.5 million in total trading profits. Which Are The Most Helpful Timothy Sykes Videos
The Superman Alerts package is his offer of the most essential features and trading alerts targeted to those interested. For $147/month, you’ll get access daily stock watchlist that is premarket and the mobile app, daily market updates in real time, and email and SMS alerts.
From “Superman” Paul Scolardi: Superman Pro
For $247 per month, you can enjoy additional features, plus access to a knowledgeable base of information provided by Superman himself through Superman Pro. Superman Pro package. Alongside the standard features included in the Alerts package, Superman Pro gives you weekly video lessonsthat include a growing library of all other previous ones. Additionally you’ll also have access to premium research reports and the IPO or earnings monitor.
Profit.ly plans and costs
If you’re eager to join the online trading community and make a mark on the industry, Profit.ly has the right amount of resources to get you up and running. The platform offers three membership tiers, each designed for traders of different levels. Let’s break down what these three levels are and what they’ll cost you.
Novice Plan
This package for novices is Profit.ly’s entry-level plan designed especially for those who are just beginning their journey to the trading world. As you sign to this plan, you will be immediately given a slew of robust and essential trading tools, each one of them essential in keeping your hands on what we call a competitive procedure in its own.
Among the list of things you can do with Profit.ly’s Novice program is the capability to check trades and track profits and follow-up, leading and even chatting with your fellow traders, as well as giving feedback on the trades of today. You can also get onto leaderboards; study the results of your analysis, sort, or filter the trades you make; and lastly, look at other people’s statistics.
The Novice plan costs $29.95 per month. Although it might look appealing just by the price, there is a downside. It isn’t possible to create a private profile, thus making your personal information public. If you’re looking to gain an account with this option, be watching for us to introduce to you Profit.ly’s next plan.
Trader Plan
The Trader package allows you to use many of the features of The Novice package. In this plan, that you can set up a private profile for sharing with fellow associates all your insights and intel in trader’s community.
Priced at $49.95/month, Profit.ly’s Trader plan will do what the name implies caters people who want to harness their expertise in trading. While it’s nice, there is one significant aspect that’s not included. Unlike the previous Novice package, you won’t be able to view the statistics of other traders this could be a problem for some who may be eager to try this new tier. Which Are The Most Helpful Timothy Sykes Videos
Pro Plan
The Professional plan can be described as the most premium package that Profit.ly could offer for seasoned traders. It costs $74.95 per month, which includes 22% off for annual billing the Pro plan has it all. It gives you full, unlimited access to all the options of the prior plans.
In addition, you’ll be able to view other people’s stats, but you’re also given the option of creating an individual profile. Both of these features, in addition to the advantages that you can utilize to the fullest potential. If you’re in search of a plan that can serve you everything you need as an experienced trader, the Pro tier could be ideal for you!
Profit.ly’s Other Services
Apart from the provided tools for training and leaderboards, Profit.ly has a few additional services that it can offer. One of those is its online store, which allows users to pick from a range of videos designed to inform and provide guidance on the nuances and pitfalls of trading. The products listed on this page of the site can be bought immediately for your personal use. Some of these include bestsellers like”Trading Tickers,” the “Trading Tickers” series from trading professional Tim Grittani, Timothy Sykes’s collection of DVDs, streaming-only content on penny stocking, short stocking, as well as all aspects of trading. There are also clips and clips of The Annual Pennystocking Conference, and products from other expert traders.
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The chat rooms that are integrated are included in Profit.ly’s range of features and services. 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 provide live chat assistance. However, in Profit.ly it’s seen as a real-time area where experts and member traders can communicate and exchange knowledge in real-time. Every guru has their own way when it comes to running their chat room and dealing with the listed members. One of them may be laid back and less engaged, while another could be more interactive and online with their students. Think of the chat rooms like Profit.ly’s version of the forum in essence.
Who is the ideal trader to Profit.ly?
Profit.ly’s diverse range of products and features are geared towards a large variety of stock trader types, from beginners to experienced pros. Given the wide range of options it has to offer this platform definitely has something for everyone.
Newbies, for instance, will appreciate Profit.ly’s knowledge-based content offered throughout the platform. They will also get daily videos and chat room advice from its in-house gurus and members. They’ll also be able to choose from the items on its store online to carry with them wherever they go. They can also gain hands-on experiences from trading within the platform, but eventually, they will soon learn that trading is a high stakes game that shouldn’t be taken as a joke.
For those traders who have had decades of experience in the road, we consider Profit.ly equally suited to the newcomers. While novice traders may not be as adept at dealing with trading issues, the pros already understand the way it functions and the risky mix that come with it. It is ideal to make use of Profit.ly’s range of options to their maximum advantage to enhance their trading skills. 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-in” approach doesn’t just apply to newbies or semi-experienced trader. Certified experts can also take part in the fun! Trade professionals who are on the same level as Superman as well as 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. Which Are The Most Helpful Timothy Sykes Videos
Profit.ly’s Pros and Pros and
The Pros
- Profit.ly’s diverse capabilities as a “one-stop’ stock trading platform allows traders from all over the world with a wealth of education, communication, and trading tools
- You will be provided with excellent lessons and tips from the inside experts, as well as libraries of educational videos and live trading activity.
- You can be sure of complete transparency through Profit.ly by using accurate data as well as fellow traders that are waiting to reach you out whenever something happens
- The platform’s leaderboard feature gives you the opportunity to increase your reputation as a reliable and dependable trader
- Apart from its main abilities, Profit.ly also gives its customers additional options to meet their individual preferences, for instance, posting trades that are not authentic by taking images
- Profit.ly’s variety of subscription levels and guru packages are priced at a reasonable cost There’s something for everyone
The Cons
- Profit.ly’s bountiful stream of products and packages offered might not be enough for most of its customers
- As traders may opt to post any kind of trade, there is the possibility that some of them could profit from picking the most profitable trades to increase the rating – this may be a risk that shouldn’t be simply overlooked
- Profit.ly does not offer refunds, as its premium users are expected to instantly benefit from the number of features the platform is able to offer
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The Final Concluding Question is: Is Profit.ly worth it?
If we were able to come up with an answer to this question, it would be a ‘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, you should have curiosity. Which Are The Most Helpful Timothy Sykes Videos
What we mean”yes” is that it is a fantastic learning tool. Those who may be stuck could be able to find Profit.ly’s variety of resources helpful in their efforts to incur lesser losses and be more successful 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!
So, if you genuinely care about being a better trader and want to be taught by your fellows and gurus along the way, then look no further – Profit.ly could be a good option to begin.
FAQ Which Are The Most Helpful Timothy Sykes Videos
What are the best ways to use Profit.ly to publish your trades?
Profit.ly includes a trade entry portion under the My Trade section of the dashboard that allows you to post your trades, either verified or otherwise. You may choose between three options:
- Connecting your account to your brokerage of choice and importing trades directly from there
- Manually inputting your trades with provided spaces and specifics
- Send a screen shot of your transactions
How can I tell if the trade is verifiable or not?
If you import your trade from a reputable brokerage, there’s the probability that it’s verifiable. This is evident by the blue check mark. If you post the information manually or via screenshots, it will automatically be assigned as unverified.
The downside of having an unauthentic trade is the risk of getting downvotes from your colleagues. If you receive too many negative votes, it could result in you appearing on the Madoff leaderboard, which is where the public are able to identify who is untruthful in submitting trades.
Does the Profit.ly mobile application still available?
As of the moment, Profit.ly is still available to download from the Apple App Store and on the Google Play store. The mobile app version is compatible with most operating tablets and smartphones.
How many are connected to Profit.ly?
Profit.ly currently houses over 150,000 investors and traders since they’re not just seeking to make the most profit but also help each other grow and learn more about acquiring stock market opportunities left and right.
