Stock trading is an exciting game with high stakes. On certain days, you could have the benefit of positive and satisfactory numbers. However, on other days it could be the reverse and it can be extremely difficult to return to where you were at your peak. If you find yourself constantly stuck in the gutter You will need be aware that relying solely on instinct and survival may not always be enough.
If you’ve experienced occasional losses and you’re likely to require sound advice from tried-and-tested trading experts. Additionally, you’ll require a significant boost from your trading partners from all over the globe, which is why we’ve identified an option that can help you in your growth in the industry. This review will take a 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 Which Companies Are Goos To Invest In According To Timothy Sykes
Value: 4.1/5
Quality: 4.1/5
Costs: 4.1/5
The User’s Experience 4.5/5
Summary
Profit.ly offers an internet-based trading service that allows traders of all levels to be informative and accountable, as well as transparent and uplifting with one another through its wide range of features and tools such as chat rooms, trade verification, and an enriched library of educational material.
What exactly is Profit.ly?
Profit.ly is a trading site that functions as a learning and training platform for those new to trading and as a hub for experienced traders to track their performance with the help of advanced analytics tools. Providing users with a wide variety of tools for communication and trade, it helps traders from all walks of life connect with each other. It also allows gurus to make worthwhile investments within the confines of the platform. Imagine it as an online social media platform similar the likes of Facebook and Reddit however it is geared towards professionals and traders.
Profit.ly independently validates trade performance and posts all the data from them in the style of leaderboards. The platform for trading is built on trust and transparency. it guarantees that the trades are valid and won’t accept fake news as long as possible. It was founded years ago by the penny expert in stock trading and investment guru Timothy Sykes, along with fellow expert Michael Mosseri.
One time , during an interview with Forbes publication, Sykes declared that Profit.ly was motivated by its focus “on showing every trade, something that has never been prior to.” The concept Sykes said served two goals: 1.) making public records for all traders, not just the gurus and newsletter authors and students as well as) allowing everyone on the platform to be enlightened by both losses and wins for the trading industry’s benefit. Which Companies Are Goos To Invest In According To Timothy Sykes
How Does It How Does It
Profit.ly utilizes a subscription model that lets stock traders have access to a range of tools and services that are geared towards achieving the success of their business. You can create an account at no cost, however you’re only limited to having the capability to browse the leaderboard and follow the actions of non-gurus. If you’re interested in investing your money and see which stocks the gurus are trading in real time it is necessary to join one of Profit.ly’s deals, which we will discuss in the near future.
Setting up an account is simple: Create an account with your experience and expertise, connect to your brokerage account and you’ll be given the chance to climb through high on the leaderboard. Profit.ly’s Leaderboard function, which was mentioned previously, is designed to give its users a glimpse of their performance as a trading group as well as its experts. It’s not just a way to prove that you’re worthy to the large group of traders, but you can also use Profit.ly to shop with a professional with the assurance that you’re confident in their skills and the veracity of their claims.
If you feel uneasy with the idea of divulging your brokerage account, you may decide to share your trades, whether verified or not, via screenshots. In Profit.ly are the vast number of courses in trading and the capability to see stats in a trader’s profile as well as other ways to interact with your experts via chatrooms along with notifications via email or text 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 is well-known for delving his hands into penny stock trading. According to Investopedia Penny stock refers to a small-sized company’s stock which trades at just less than 5 cents per share. The trading of penny stocks is an avenue for small-scale businesses to make the transition to a large marketplace as they can access money from the general public. However, don’t get it wrong – it’s also an extremely risky activity, as Sykes is sure to reveal because of his decades of experience.
From his beginnings at the end of his time in High School, Tim Sykes has, since then, earned over $6 million of earnings through his lengthy career as trader. At 25 years old Tim Sykes had received greater exposure and a larger impact when he became part of the reality TV show “Wall Street Warriors.” Then, he used the opportunity to establish trading rooms and penny stock themes and educational content geared toward those who are new to the trading field. He also helped establish Profit.ly as a platform for openness, and for the community to uplift and compete against 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 company’s internal gurus. Gurus are referred to the experts in trading who have made significant amounts of profit from their collective years of expertise. Which Companies Are Goos To Invest In According To Timothy Sykes
At its height, Profit.ly had housed up to five gurus, all of them a pro in their niche in the trading industry. Some of the most prominent experts included Connor Bruggermann, Nathan Michaud of Investors Underground, and Triforce, among a few others. As of this writing, only two gurus remain on the platform: the founder of the penny stock market Tim Sykes and veteran smallcap swing trader Paul Scolardi, also known as Superman. With that taken into consideration, let’s take a look at the packaged offers each guru can offer.
From Tim Sykes Tim Sykes
Sykes provides a basic stock trading service that focuses on penny stock day trading through Tim’s Alerts. At $74.95 per month, you will be able to see him concentrate on the fundamental stock catalysts and use them to forecast the next moves that could occur when trading.
A single purchase in Tim’s Alerts will get you access to the chatroom as well as the mobile app that’s available for iOS and Android devices; texts, emails and push alerts and a daily stock watchlist.
from Tim Sykes: The Pennystocking Silver Package
Pennystocking Silver is the premium version that has been upgraded of the Tim’s Alerts package. At $149.95 for a month this is the perfect plan for those who are committed to the penny-stock market. Pennystocking Silver comes with all the standard features found in prior plans, which includes swing trading alerts as well as unlimited access to a library of more than 7,000 instructional videos and new videos released every week.
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From “Superman” Paul Scolardi: Superman Alerts
Scolardi who is known under the name “Superman,” is a trader who has an eye for massive stocks of the small-cap size and insanely accurate marketing forecasts. Since the time he started trading, Superman has amassed over $5.5 million in total trading profits. Which Companies Are Goos To Invest In According To Timothy Sykes
The Superman Alerts plan is an package of vital features and alerts on trading geared toward those who may be interested. For $147/month, you’ll get an access to the day-to-day stock watchlist that is premarket as well as the mobile app, daily market commentary in real time, and email and SMS alerts.
In “Superman” Paul Scolardi: Superman Pro
For $247 per month, you can enjoy additional features, plus access to an extensive base of knowledge provided by Superman himself via Superman Pro. Superman Pro package. In addition to the basic features that are included in the Alerts plan, Superman Pro gives you weekly video lessons, including a growing library of all previous lessons. Additionally you’ll also have an access to high-quality research papers as well as the IPO or earnings monitor.
Profit.ly plans and costs
If you’re eager to join the online trading community and leave a mark in the industry, Profit.ly has the right amount of resources to help you going. The platform offers three membership tiers that cater to traders with different levels. Let’s take a look at what these three levels are and what they will 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 world. As you sign up for this package, you will be immediately provided with a variety of powerful and essential trading tools, each of them integral in keeping your hands on what we could call a ruthless process in and of itself.
Some of the features you can do with Profit.ly’s Novice program is the capability to check trades and track profits; leading, following and even chatting with other traders; and leaving feedback on today’s trades. You’re also allowed to 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 is $29.95 per month. Although it looks attractive for the price alone however, there’s a drawback. You can’t create a private account, making your personal information public. If you’re interested in gain the benefit of this service, you should be watching for us to introduce to you Profit.ly’s next strategy.
Trader Plan
The Trader plan allows users to benefit from a majority of features from the Novice plan. It is in this plan that you can set up a private profile to share with fellow associate users all your knowledge and intel in trader’s community.
Priced at $49.95/month, Profit.ly’s Trader plan is exactly what it says caters for those looking to improve their trading skills. As nice as it seems, there is one significant feature that is missing. Unlike the previous Novice package, this one won’t be able to view other traders’ statistics, which could be a disadvantage for those who are anticipating this level. Which Companies Are Goos To Invest In According To Timothy Sykes
Pro Plan
The Pro plan is the most premium package that Profit.ly could offer for seasoned traders. It costs $74.95 per month, which includes a 22% discount for annual billing the Pro plan has everything. You will have full, unrestricted access to all features from the two prior plans.
Not only do you get to see other users’ stats and data, but you also have the opportunity to create a private profile. Both of these options, on top of all the benefits that you can use to their fullest capacity. If you’re in search of a plan that can serve all the features you need to be a skilled trader, maybe the Pro plan is ideal for you!
Profit.ly’s Other Services
In addition to the tools for training and leadersboards Profit.ly offers a number of other services they provide. One of those is its online store, which allows users to pick from a range of instructional videos that are designed to inform and help you understand the nuances and pitfalls of trading. All of the products featured in this section of the website can be purchased immediately for personal use. Among these products include best-sellers like”Trading Tickers,” the “Trading Tickers” series from trading professional Tim Grittani, Timothy Sykes’s library of DVDs and streaming-only content about penny stocking, short stocking, as well as all aspects of trading. There are also clips and clips taken from 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 may be familiar with the concept of the chat room since you can find it throughout social and messaging platforms, in addition to a few special websites that offer live chat assistance. However, in Profit.ly it’s seen as a hands-on place where gurus and their members can interact and learn in real time. Every guru has their own way when it comes to running their chat room and dealing with the listed members. One might be laid back and less engaged, while another could be more active and in touch with their students. Think of chat rooms as Profit.ly’s version of a forum, in its essence.
Who is the ideal Trader for Profit.ly?
Profit.ly’s wide range of products and features are geared towards a large variety of stock traders, from novices to the most experienced. With the variety of deals it offers this platform definitely has something for everyone.
Beginners, for instance, can take advantage of Profit.ly’s library of learning materials available across the platform. In addition, they will be provided with videos every week and chat room tips from the in-house experts and members. They’ll also be able pick from the merchandise available from its online store for them to take wherever they go. They can also gain hands-on experiences from trading within the platform, but ultimately they’ll realize that trading is a high stakes game that shouldn’t be taken as an opportunity to make fun of.
For traders who have years of exposure down the line, we believe Profit.ly as equally as suitable to them as the newcomers. Although the novices might not be as adept at managing trading but the experts already know how it works along with the risky mix associated with it. Ideally, they may make use of Profit.ly’s variety of features to their best advantage to enhance their trading abilities. Like beginners, they can study from the gurus as well as experts, and take advantage of short tips and tricks throughout the process.
Profit.ly’s “all-inclusive” nature does not only apply to beginners or semi-experienced trader. Experts who have been verified can also participate in the enjoyment! People in the trade industry who are at an equal level with Superman or Tim Sykes can also use Profit.ly’s capabilities. Profit.ly’s abilities to show off their expertise to other traders as a way to navigate them through the ever-changing trading process. Which Companies Are Goos To Invest In According To Timothy Sykes
Profit.ly’s Pros and Pros and
The Pros
- Profit.ly’s diverse capabilities as a “one-stop’ stock trading platform enable it to provide traders everywhere with an abundance of knowledge, communication, and trading tools
- You’ll receive excellent training and insights from its internal experts, which include collections of educational videos as well as real-time trading activities
- You’re guaranteed transparency throughout Profit.ly by using accurate data as well as other traders that are waiting to reach you out whenever something happens
- The leaderboard feature of the platform offers you the chance to establish your reputation as a reliable and authentic trader
- Apart from its core features, Profit.ly also gives its customers additional options to meet their needs, like posting unverifiable trades through images
- Profit.ly’s wide array of subscription plans and guru packages are priced at a reasonable cost – there truly is something for every person
The Cons
- Profit.ly’s abundance of packages and products offered may not be enough for a lot of its users
- As traders may opt to make any type of trade, there is the possibility that some of them will profit by picking the most profitable trades to boost their rating This could be a risk that shouldn’t be ignored.
- Profit.ly does not offer refunds because its premium users are expected to instantly benefit from the many services the platform has to offer
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The Final Concluding Question is: Is Profit.ly Valued?
If we were able to come up with the answer, it’s a ‘yes’. But it is important to realize that this platform shouldn’t be viewed as a get-rich-quick scheme. It wasn’t intended to be created in this way. Instead, you need to have curiosity. Which Companies Are Goos To Invest In According To Timothy Sykes
What we are referring to”yes” is that it could be a useful learning tool. For those who are struggling, they could find Profit.ly’s array of resources to be helpful when they try their best to avoid losses and perform better than before. Not only struggling traders that will profit from the platform. It is able to accommodate novices and even experts!
So, if you genuinely care about being a better trader and want to learn from your mentors and peers throughout the process, then you should look no further than Profit.ly. Profit.ly is a fantastic choice to start.
FAQ Which Companies Are Goos To Invest In According To Timothy Sykes
What are the best ways to use Profit.ly to publish your trades?
Profit.ly includes the option of allowing trade entries under the My Trade category on the dashboard which lets you post your trades, either verified or not. You may choose between three choices:
- Connecting your account to your brokerage of choice and then importing the trades from that directly
- Manually inputting your trades with provided spaces and specifics
- Upload a screenshot of your trades
How can I tell whether the trade is authentic or not?
If you buy your trade from a trusted brokerage, there’s the probability that it’s verifiable. This is shown by the small blue check. If you upload it manually or through pictures, it will be assigned as unverified.
The drawback of posting an unauthenticated trade is the risk of receiving negative feedback from friends and colleagues. Too many downvotes may result in you appearing on the Madoff leaderboard, which is where the public can detect who’s being fraudulent in posting trades.
Are the Profit.ly mobile application still available?
At the time of writing, Profit.ly is still available to download via the Apple App Store as well as in the Google Play store. The mobile version of the app is compatible with most functioning tablets and smartphones.
How many people are currently using Profit.ly?
Profit.ly currently houses more than 150,000 traders and investors, as they not only are seeking to make the most profit but also assist each other to learn and improve in acquiring opportunities on the stock market all over the world.
