Stock trading is a high-stakes game. On some days, you may enjoy the benefits of positive and satisfying numbers. However, on other days it could be the reverse, and it may sometimes be extremely difficult to get back to the point you were at your most productive. If you are immersed in the water it is important to realize that relying on pure instinct and preservation might not be enough.
If you’ve experienced losses from time to time and you’re likely to require solid advice from seasoned and tested trading experts. You’re also gonna need an important boost from trading partners from all over the globe. That’s why we’ve found a platform that can support you to improve your performance in the industry. We’ll take the time to look at Profit.ly is a well-known 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. Do check out our article below, however, because it has a comprehensive overview of Profit.ly.
Overall Rating: 4.1/5 Work With Timothy Sykes Review
Users Experience 4.5/5
Profit.ly offers an internet-based trading service that allows traders of all levels to be knowledgeable and accountable, as well as transparent and encouraging one another through its wide array of tools and features like trade verification, chat rooms, and an enriched library of educational content.
How do I define Profit.ly?
Profit.ly is a trading website that serves both as a learning and training platform for those who are just beginning their journey as well as a place for traders with experience to keep track of their performance through the use of sophisticated analytics tools. Offering users a broad array of options for communication and trade, it helps traders from all walks of life connect with one another. It offers gurus with worthwhile investments within the confines of the platform. Consider it the social media equivalent to Facebook and Reddit but with a focus on experts and traders.
Profit.ly independently validates trade performance and publishes all data from them in the form of leaderboards. The trading platform is built on honesty and transparency: it guarantees that the trades are authentic and won’t tolerate inauthenticity as much as possible. It was founded 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 with Forbes magazine Sykes declared that Profit.ly was based “on showing every trade, something that has never been previously done.” The concept was, he said, serving two goals: 1.) keeping track of public data for everyone, not just the experts as well as newsletter writers and students, and 2) making it possible for everyone on the platform to learn from both losses and wins to benefit the industry of trading. Work With Timothy Sykes Review
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 towards achieving achievement. It is possible to create an account there at no cost, however you’re limited to the capability to browse the leaderboard and follow the activities of non-gurus. If you’re ready to invest your money to see which stocks the gurus are trading in real time, you will need to sign up to one of Profit.ly’s offerings, which we will discuss in the near future.
Setting up an account is simple: Create a profile with your experiences and expertise, connect your brokerage account, and you have yourself an opportunity to make through at the very top of the list. Profit.ly’s leaderboard feature, as mentioned previously it is designed to provide its users a look at their performance as a trading group and its experts. It’s not only a chance to demonstrate that you’re worthy to the community of traders, but 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 veracity of their assertions.
If you are unsure about the concept of leaking the details of your broker account you can choose to publish your trades, verified or not, by taking screenshots. Also included in Profit.ly are a variety of trading classes as well as the ability to look at the stats of a trader’s account, and more ways to connect with your gurus via chatrooms in addition to text and e-mail alerts and updates.
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Meet the Founder: Tim Sykes
Timothy Sykes is a well-renowned day trading guru who has been famously known for his efforts in penny stock trading. According to Investopedia the term “penny stock” refers to a small-sized company’s shares that trade for just less than 5 cents per share. Penny stock trading is a stepping stone for small businesses to transition to a large marketplace as it allows them to access capital from the public. But don’t make the mistake of thinking that it’s also an extremely risky activity, as Sykes will be able to tell you through his many years of expertise.
From his beginnings in his late years in High School, Tim Sykes has, since then, earned more than $6 million in profit through his lengthy career as trading professional. When he was 25 years old Sykes was given greater exposure and a larger impact as a participant in the reality series “Wall Street Warriors.” He made use of the show to establish trading rooms and penny stock themes and educational material aimed at people who are brand new to the trading field. He also helped establish Profit.ly as a platform for transparency, and for the community to uplift and compete with each other through the platform.
The Profit.ly Gurus
One of Profit.ly’s sweet inclusions is the vast array of education resources, trade alerts, and other useful stuff offered by the company’s internal gurus. The gurus in question refer to the experts in trading who have made significant amounts of profit through their years of expertise. Work With Timothy Sykes Review
At its height, Profit.ly had housed up to five gurus, each of them a professional in their niche within the world of trading. Some of the most prominent gurus included Connor Bruggermann, Nathan Michaud of Investors Underground, and Triforce among others. As of this writing, there are only two gurus who remain on the platform: Founder and penny stock trader Tim Sykes and veteran smallcap swing trader Paul Scolardi, also known as Superman. When we take that into account, let’s take a look at the packages each guru offers.
From Tim Sykes: Tim’s Alerts
Sykes offers basic stock trading services that focuses on penny-priced day trading with Tim’s Alerts. The cost is $74.95 per month, you’ll be able to see him focus on the basic stock catalysts and employ them to anticipate the next possible moves in making trades.
A purchase on its own from Tim’s Alerts will get you access to the chatroom and the mobile app that’s available on iOS as well as 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. Priced at $149.95 per month, this is the perfect plan for those who are committed to the penny-stock market. Pennystocking Silver offers all the essential features found in prior plans, including swing trading alerts as well as unlimited access to a rich collection of more than 7,000 educational videos, with new ones released every week.
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The following video is from “Superman” Paul Scolardi: Superman Alerts
Scolardi who is known under the alias “Superman,” is a swing trading professional with an eye for both small-cap monumental stocks and crazy-accurate marketing forecasts. Since the time he started trading, Superman has amassed over $5.5 million in trading profits. Work With Timothy Sykes Review
The Superman Alerts plan is an package of vital features and trading alerts geared toward those who may be interested. For $147 per month, you’ll gain an access to the day-to-day stock watchlist that is premarket and the mobile application, daily market updates in real-time, as well as email and SMS alerts.
From “Superman” Paul Scolardi: Superman Pro
For the price of $247, you receive additional features, as well as access to an extensive base of knowledge provided by Superman himself through his Superman Pro package. In addition to the basic features included in the Alerts plan, Superman Pro gives you weekly video lessonsthat include a growing library of all other previous ones. In addition you’ll also have an access to high-quality research papers and the IPO or earnings monitor.
Profit.ly Programs and Costs
If you’re eager to join the trading community on the internet and leave a mark in the market, Profit.ly has the right amount of tools to get you going. The platform offers three membership tiers that are designed to accommodate traders with different levels. Let’s break down what these three tiers are and how much they’ll cost you.
This package for novices is Profit.ly’s beginning-of-the-line plan specifically for people who are brand new to the world of trading. Once you have signed up for this plan you’ll be provided with a variety of powerful and indispensable trading tools, each of them integral in keeping your hands on what we call a competitive process by itself.
The list of features you can accomplish using Profit.ly’s Novice package include the ability to verify trades and track profits; leading, following, and even messaging other traders; and leaving feedback on today’s trades. It also allows you to be on leaderboards, analyze the results of your analysis, sort, as well as filter trades; and, finally, see other’s stats.
The Novice plan will cost $29.95 per monthly payment. While it may look attractive just by the price, there is a downside. You aren’t able to create a personal account, making your actions public. If you’re interested in get an account with this option, you should keep an eye on us as we present to you Profit.ly’s new plan.
The Trader plan allows you to take advantage of the majority of features available in the novice plan. It is in this plan that you are able to create a private profile to share with fellow associates all your insights and information you have gained from this trading group.
Priced at $49.95/month, Profit.ly’s Trader plan does what the name suggests catering for those looking to improve their trading skills. While it’s nice, there is one significant element that’s missing. Unlike the previous Novice package, this one won’t be able view other traders’ statistics this might be a drawback for some who may be eager to try this new tier. Work With Timothy Sykes Review
This is by far the most expensive plan Profit.ly can offer to experienced traders. At $74.95 per month, and 22% off when billed annually This plan offers it all. It gives you full, unlimited access to all features of the previous plans.
Not only do you get to view other people’s stats and data, but you also have the chance to create an individual profile. Both of these features, plus the other benefits that you can use to the maximum extent. If you’re looking for an option that gives you with everything you require as trader with experience, the Pro plan is ideal for you!
Profit.ly’s Other Services
Apart from the trainer tools and leaderboards, Profit.ly offers a number of other services they offer. One of those is its online store, which lets users select from a variety of video products designed to inform and help you understand the ins and outs of trading. The products listed on this page of the website can be bought immediately for your personal use. Among these products include best-sellers such as the “Trading Tickers” series by trading specialist Tim Grittani, Timothy Sykes’s collection of DVDs and streaming-only content about penny stocking, short stocking, as well as all related to trading, videos and clips of the Annual Pennystocking Conference, and items from other experts in trading.
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The integrated chat rooms are included in Profit.ly’s variety of services and features. You may be familiar with the concept of the chat room as you can see it across social and messaging platforms in addition to a few special websites that provide live chat support. But in Profit.ly the chat room is viewed as a real-time space where experts and their members can interact and exchange knowledge in real-time. Every guru has their own way in running their chat rooms and in dealing with the members there. One might be a laid-back person who is rarely active, while another might be more active and in touch with their students. Think of the chat rooms as Profit.ly’s version of the forum, in essence.
Who is the best Trader for Profit.ly?
Profit.ly’s diverse range of products and features caters to a large variety of stock traders, from novices to the most experienced. Given the wide range of options it has to offer it is certain to have something for every person.
Beginners, for instance, will appreciate Profit.ly’s knowledge-based materials available across the platform. In addition, they will get daily videos and chat room advice by its internal gurus and members. They’ll also be able to select from the products 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’ll realize that the process is a risky game that shouldn’t be taken as a joke.
For traders who have many years of experience down the road, we consider Profit.ly as equally as suitable to people who are just beginning. While novice traders may not be as well-equipped with managing trading however, experienced traders know how it works along with the stack full of risks associated with it. In the ideal scenario, they can use Profit.ly’s range of features to their full advantage to enhance their trading skills. As beginners, they are able to study from the gurus and experts and utilize those quick tips and tidbits to help them along.
Profit.ly’s ‘all-together’ nature does not only apply to beginners as well as semi-seasoned traders. Experts who have been verified can also participate in the excitement! Trade professionals who are at the same level as Superman or Tim Sykes can also use the power of Profit.ly’s capabilities to display their expertise to other traders as a way to assist them in the ever-changing trading process. Work With Timothy Sykes Review
Profit.ly’s Pros and Pros and
- Profit.ly’s numerous capabilities as a “one-stop’ stock trading platform allows traders across the globe with a wealth of education tools, communication, and trading tools
- You will be taught by experts and insights from its in-house gurus, including libraries of educational videos and live trading activity.
- You’re guaranteed transparency throughout Profit.ly by using accurate data as well as fellow traders ready to call you out if something occurs.
- The leaderboard feature on the platform gives you the opportunity to increase your reputation as a reliable and verifiable trader
- Apart from its main abilities, Profit.ly also gives its customers extra options that can be tailored to their preferences, such as posting trades that are not authentic by taking images
- Profit.ly’s wide array of packages and subscription levels are priced at reasonable prices There is truly something for every person
- Profit.ly’s abundance of products and packages offered might be too much for the majority of its users
- Since traders can choose to post any kind of trade, there’s the possibility that some of them could profit from picking the most profitable trades to increase the rating – this may be a problem that shouldn’t be overlooked.
- Profit.ly does not accept refunds as the premium customers will immediately benefit from the many services that the platform can offer
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The Final Verdict is: Is Profit.ly worth it?
If we could think of an appropriate answer for this query, it’s yes. But you need to understand that it shouldn’t be treated as a scheme to get rich quick. It wasn’t meant to be designed in this way. Instead, you need to have an open mind. Work With Timothy Sykes Review
What we do mean by ‘yes’ is that it can be a great learning tool. People who are stuck might discover Profit.ly’s range of resources helpful when they try their best to avoid losses and be more successful than they did before. It’s not just the struggling traders who will benefit from the platform. It is able to accommodate novices and even experts!
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 could be a good option to begin.
FAQ Work With Timothy Sykes Review
How can you make use of Profit.ly to post your trades?
Profit.ly has an entry section for trades within the My Trade’ category of the dashboard that allows you to post your trades, verifiable or otherwise. You may choose between three choices:
- Linking your account with your brokerage of choice and then importing transactions directly through there
- Manually entering your trades into provided spaces and specifics
- Take a photo of your transactions
What can I do to determine whether the trade can be verified or not?
If you buy your trade through a reliable brokerage, there’s an excellent likelihood that it can be verified. This is indicated with the small blue check. If you post it in a manual way or by taking pictures, it will be classified as unverified.
The disadvantage of an unauthenticated trade is the possibility of getting downvotes from your fellow peers. A large number of downvotes could result in you appearing on the Madoff leaderboard, where users can detect who’s being dishonest in posting trades.
Are the Profit.ly mobile app still available?
As of this writing, Profit.ly is still available for download on the App Store for Apple and in the Google Play store. The mobile app version is compatible with the majority of working smartphones and tablets.
How many people are currently using Profit.ly?
Profit.ly is currently home to over 150,000 investors and traders, as they not only are looking to earn maximum profits but also help each other grow and learn more about acquiring opportunities on the stock market left and right.