The stock market can be an extremely risky game. On certain days, you might enjoy the benefits of positive and satisfactory numbers. On other days it could be the reverse and it can be very difficult to get back to where you were your best. If you find yourself constantly stuck in the gutter, you will have to recognize that relying on your instincts and preserving may not always be enough.
If you’ve experienced losses from time to time, you’re gonna be needing 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 an option that can help you in your growth in the industry. This review will take a look at Profit.ly A well-respected 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 2 Week Free Timothy Sykes Class
Value: 4.1/5
Quality: 4.1/5
Costs: 4.1/5
User Experience: 4.5/5
Summary
Profit.ly can be described as an online platform for trading that permits traders of all levels to be knowledgeable and accountable, as well as transparent and to build relationships with one another through its wide variety of tools and features including trade verification, chat rooms as well as an extensive library of educational material.
What exactly is Profit.ly?
Profit.ly is a trading website that serves both as a learning and education platform for people who are just beginning their journey and as a hub for traders who are experienced to monitor their performance through the use of sophisticated analytics tools. Providing users with a wide range of resources for trade and communication, it helps traders from every field of business connect 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 with a focus on traders and experts.
Profit.ly independently checks the performance of trades and then publishes the information from them in the form of leaderboards. The platform for trading is built on honesty and transparency: it ensures that the transactions are legitimate and will not accept fake news as long as is humanly possible. It was created in the past by penny expert in stock trading and investment guru Timothy Sykes, along with his colleague Michael Mosseri.
One time during his interview for Forbes publication, Sykes stated that Profit.ly was based “on the transparency of all trades, something that was never prior to.” The concept, he added, served two objectives: one) creating public track records for all traders, not just the gurus as well as newsletter authors and students and secondly) making it possible for everyone on the platform to gain insight into both the wins and losses to the benefit of the trading industry. 2 Week Free Timothy Sykes Class
How Does It Perform?
Profit.ly follows a subscription-based model that lets stock traders benefit from a variety of features and services aimed at achieving the success of their business. It is possible to create an account on the site for free, but you’re only given the capability to browse the leaderboard and observe the activities of people who aren’t gurus. If you’re interested in investing your money to see what stocks the experts are trading in real-time, you will need to join one of Profit.ly’s deals that we’ll discuss in the near future.
Setting up an account is easy: create an account with your experience and skills, join your brokerage account, and you’ll have the chance to climb through high on the leaderboard. Profit.ly’s Leaderboard function, which was mentioned previously was designed to offer its users a glimpse of how the community of traders performs and its experts. It’s not just a way to prove that you’re worthy to the large group of traders, as you can also use Profit.ly to purchase from a guru with the assurance that you’re comfortable with their expertise and the legitimacy of their claims.
If you are unsure about the concept of leaking information about your account with a brokerage, you can choose to publish your trades, whether verified or otherwise, through pictures. In Profit.ly are a variety of courses in trading and the capability to see stats in a trader’s profile and other methods to communicate with your gurus through the chatroom 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 trading personality who is famously known for his involvement in trades in penny stocks. According to Investopedia Penny stock refers to a small company’s stock that trades for under $5 for each share. Penny stock trading is an avenue for small businesses to transition to a market that is larger as they can access money from the general public. But don’t make the mistake of thinking that it’s also an extremely risky activity, as Sykes can surely tell through his many years of experience.
Beginning in his late years in high school, Tim Sykes has, since then, made over $6 million of earnings through his lengthy career as a trader. At the age of 25 Tim Sykes had received greater exposure and an even wider influence over time as a participant in the reality TV show “Wall Street Warriors.” Then, he took advantage of it to develop trading rooms as well as penny stock themes and educational content geared toward those who are new to the trading field. He also played a role in establishing Profit.ly as a place of transparency, and for the community to uplift and compete against each other through the platform.
The Profit.ly Gurus
One of Profit.ly’s most appealing features is the vast array of educational tools, trade alerts as well as other useful information provided by the platform’s in-house gurus. These gurus refer to the experts in trading who have earned substantial amounts of money from their collective years of expertise. 2 Week Free Timothy Sykes Class
At its peak, Profit.ly had housed up to five gurus, all of them a professional in their field of expertise within the world of trading. Some of the prominent experts were Connor Bruggermann, Nathan Michaud of Investors Underground, and Triforce, among a few others. At the time of writing, only two gurus remain on the platform: the founder and penny stock trader Tim Sykes and veteran smallcap swing trader Paul Scolardi, also known as Superman. In light of that, let’s take a look at what packaged deals each guru can offer.
From Tim Sykes Tim Sykes: Tim’s Alerts
Sykes provides a basic stock trading service which focuses on penny-priced day trading with Tim’s Alerts. Costing $74.95 per month, you’ll be able to be able to see him concentrate on the fundamental catalysts for stocks and utilize them to anticipate the next move that is possible when making trades.
A single purchase of Tim’s Alerts will get you access to the chatroom, as well as the mobile app available to iOS and 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 most premium version that has been upgraded of the Tim’s Alerts package. Priced at $149.95 for a month this is an ideal plan for those who are more invested in penny stock trading. Pennystocking Silver offers all the essential features found in the previous plan, including swing trading alerts as well as unlimited access to a library of more than 7,000 instructional videos that are updated weekly.
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In “Superman” Paul Scolardi: Superman Alerts
Scolardi who is known under the name “Superman,” is a trader who has an eye for both massive stocks of the small-cap size and insanely accurate marketing forecasts. Since when he first started trading, Superman has amassed over $5.5 million in all-time trading profits. 2 Week Free Timothy Sykes Class
The Superman Alerts plan is his offering of essential features and trading alerts targeted to those interested. For $147 per month, you’ll gain an access to the day-to-day stock watchlist that is premarket along with the mobile app, the daily market updates in real-time, and email and SMS alerts.
The film “Superman” Paul Scolardi: Superman Pro
For $247 per month, you can enjoy additional features, as well as 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 lessonsthat include a growing library of all other previous ones. In addition, you’ll also get an access to high-quality research papers and an IPO and earnings tracker.
Profit.ly plans and costs
If you’re eager to join the trading community on the internet and leave a mark in the industry, Profit.ly has the right amount of resources to get you up and running. Profit.ly offers three membership tiers that are designed to accommodate traders with different levels. Let’s take a look at what these three levels are and what they will cost you.
Novice Plan
The package called Novice is Profit.ly’s entry-level plan designed especially for those who are just beginning their journey to the trading community. As you sign up for this plan, you will be immediately provided with a variety of powerful and indispensable trading tools, all of them integral in keeping your hands on what we can describe as a cutthroat procedure in its own.
Among the list of things you can do using Profit.ly’s Novice program is the ability to verify the results of your trades and track profit as well as leading, following and even chatting with other traders; and leaving feedback on today’s trades. You can also get on leaderboards; analyze the results of your analysis, sort, and filter your trades; and lastly, look at the statistics of other traders.
The Novice plan is $29.95 per monthly payment. Although it might look appealing just by the price, there is a downside. You can’t create a private account, making your actions public. If you’re looking to gain an account with this option, keep an eye on us as we present to you Profit.ly’s new plan.
The Trader Plan
The Trader package allows you to use a majority of features from The Novice package. It is in this plan that you can set up a private profile to share with other associates all your insights and intel in the trading community.
The price is $49.95/month, Profit.ly’s Trader plan is exactly what it says catering to those who desire to harness their expertise in trading. While it’s nice but there’s one important feature that is missing. As opposed to the prior Novice package, you will not be able to view other traders’ stats, which might be a drawback for some who may be anticipating this level. 2 Week Free Timothy Sykes Class
Pro Plan
The Pro plan is the most expensive plan Profit.ly offers to experienced traders. It costs $74.95 each month which includes a 22% discount when billed annually, this tier has everything. You will have full, unrestricted access to all features from the two previous plans combined.
In addition, you’ll be able to view other people’s stats and data, but you also have the opportunity to create an individual profile. Both of these features, on top of all the advantages you’ll be able to use to their fullest capacity. If you’re in search of an option that gives 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
Apart from the trainer tools and Leaderboards Profit.ly offers a number of additional services that it can provide. One of them is the online store, where customers can select from a variety of video products designed to inform and help you understand the nuances and pitfalls of trading. All of the products featured in this section of the website is available to be bought immediately for your personal use. Among these products include best-sellers like”Trading Tickers,” the “Trading Tickers” series from trading expert Tim Grittani, Timothy Sykes’s collection of DVDs, streaming-only content about short stocking, penny stocking, and other aspects of trading. There are also clips and footage of the Annual Pennystocking Conference, and other products by expert traders.
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Chat rooms integrated into Profit.ly are also part of Profit.ly’s array of services and features. You may be familiar with the chat room as you can find it throughout messaging and social platforms, in addition to a few special websites that provide live chat support. But on Profit.ly, it is seen as a real-time place where gurus and their members trade and exchange knowledge in real-time. Every guru has their own way in operating their chat room and dealing with the listed members. Some may be laid back and rarely active, while another might be more active and in touch in their interactions with students. Think of chatrooms as Profit.ly’s version of the forum in its essence.
Who is the best Trader for Profit.ly?
Profit.ly’s diverse range of products and features cater to the wide range of stock trader types, from beginners to experienced pros. Given the wide range of options it offers this platform definitely has something for every person.
For instance, newbies will appreciate Profit.ly’s knowledge-based information available on the platform. In addition, they will be provided with videos every week and chat room tips by its internal gurus and members. They’ll also be able to pick from the merchandise available on its store online for them to take wherever they be. Additionally, they can gain practical experiences from trading within the platform, however they’ll be able to realize that this is a high-stakes game that should not be viewed as an amusing pastime.
For those traders who have had years of exposure down the line, we see Profit.ly equally suited for them as it is for people who are just beginning. Although the novices might not be as well-equipped with dealing with trading issues but the experts already know how it works along with the risky mix that come with it. In the ideal scenario, they can utilize Profit.ly’s array of options to their maximum advantage to improve their trading skills. As beginners, they are able to learn from the top experts and experts and utilize those short tips and tricks along the way.
Profit.ly’s ‘all-together’ nature isn’t limited to novices and semi-experienced traders. Certified experts can also take part in the fun! People in the trade industry who are at similar levels to Superman as well as Tim Sykes can also use the power of Profit.ly’s capabilities to showcase their skills to others in order to assist them in the ever-changing trading process. 2 Week Free Timothy Sykes Class
Profit.ly’s Pros and Pros and
The Pros
- Profit.ly’s diverse capabilities as a “one-stop’ stock trading platform allows it to provide traders everywhere with tons of learning communications, trading, and communication tools
- You will be taught by experts and tips from the internal experts, which include video libraries that teach you how to learn and real-time trading activities
- You can be sure of complete transparency through Profit.ly with accurate analytics and fellow traders who are ready to reach you out if something occurs.
- The platform’s leaderboard feature gives you the opportunity to increase your credibility as a trustworthy and verifiable trader
- Apart from its core capabilities, Profit.ly also gives its customers additional options to meet their preferences, such as posting trades that are not authentic by taking photographs
- Profit.ly’s variety of subscription levels and guru packages are priced at reasonable prices There is truly something for every person
The Cons
- Profit.ly’s bountiful stream of products and packages offered might seem overwhelming for a lot of its customers
- As traders may opt to make any type 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 accept refunds because the premium customers will immediately take advantage of the numerous services that the platform can provide
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The Final Verdict is: Is Profit.ly Valued?
If we were able to come up with the answer, it would be yes. But it is important to realize that this platform shouldn’t be viewed as a get-rich-quick scheme. The platform was not always intended to be created to achieve this goal. Instead, you need to have curiosity. 2 Week Free Timothy Sykes Class
What we do mean”yes” is it can be a great learning tool. For those who are struggling, they may be able to find Profit.ly’s array of resources helpful when they try their best to reduce losses and be more successful than before. Not only poor traders that can benefit from the platform. It is able to accommodate novices and even experts in the field!
If you truly want to become more successful in trading and would like to be taught by your fellows and gurus along the way, then look no further – Profit.ly is a fantastic option to begin.
FAQ 2 Week Free Timothy Sykes Class
How can you make use of Profit.ly to publish your trades?
Profit.ly offers the option of allowing trade entries within the “My Trade section of the dashboard that lets you post your trades that are verified or not. You may choose between three choices:
- Connecting your account to your brokerage of choice and importing the trades from that directly
- Manually entering your trades using specified spaces and information.
- Take a photo of your trades
How do I know whether the trade is authentic or not?
If you purchase your trade through a reliable brokerage, there is a high chance that it is verifiable. This is indicated with the blue check mark. If you post it in a manual way or by taking screenshots, it will automatically be assigned as unverified.
The drawback of posting an unverified trade is the risk of receiving negative feedback from friends and colleagues. Too many downvotes may cause you to show up in the Madoff leaderboard, which is where the public can see who’s fraudulent in posting trades.
Does the Profit.ly mobile app still available?
As of the moment, Profit.ly is still available to download from the Apple App Store as well as the Google Play store. The mobile app version is compatible with most working smartphones and tablets.
How many people are on Profit.ly?
Profit.ly currently houses more than 150,000 traders and investors, as they not only are trying to maximize profits but also help each other learn and improve in acquiring stock market opportunities all over the world.
