Stock trading can be an exciting game with high stakes. On some days, you could have the benefit of pleasing and positive numbers. On other days, however it could be the reverse and it could be extremely difficult to get back to the point you were at your best. If you’re immersed in the water You will need to realize that relying on pure instinct and preservation is not always enough.
If you’ve been incurring loss from time to time, you’re gonna be needing solid advice from seasoned and tested trading experts. Additionally, you’ll require an enormous boost from your colleagues in the market from all over the world, which is why we’ve found an online platform that will help you to improve your performance within the field. We’ll be taking a look at Profit.ly is a well-known 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. To get a comprehensive overview of Profit.ly, you may still want to check out our article below.
Overall Rating: 4.1/5 Agora Financial Tim Sykes Weekend Trader
Value: 4.1/5
Quality: 4.1/5
Costs: 4.1/5
User Experience: 4.5/5
Summary
Profit.ly offers an internet-based trading service that enables traders of various levels to be informed and accountable, as well as transparent and to build relationships with one another through its wide array of tools and features including trade verification, chat rooms and a rich library of educational material.
How do I define Profit.ly?
Profit.ly is a site for trading which serves as a learning and training platform for people who are starting out as well as a place for traders who are experienced to monitor their performance with the help of advanced analytics tools. Providing users with a wide variety of tools to facilitate trade and communication, it helps traders from every field of business connect with each other. It also allows gurus to make an opportunity to invest in the right areas of the platform. Consider it the social media equivalent like Facebook and Reddit, but for traders and experts.
Profit.ly independently verifies trade performances and then publishes the information from them in the form of leaderboards. The platform’s trading model is based on transparency and honesty: it guarantees that the trades are valid and won’t allow for fraud as much as it is 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 an appearance in Forbes publication, Sykes declared that Profit.ly was driven by its focus “on the transparency of every trade, something that was never done before.” This idea Sykes said served two goals: 1.) making public records for everyone, not just the experts as well as newsletter writers and students, and 2) giving everyone on the platform to be enlightened by the losses and wins for the trading industry’s benefit. Agora Financial Tim Sykes Weekend Trader
How Does It Perform?
Profit.ly utilizes a subscription model which allows stock traders to have access to a range of tools and services that are geared towards achieving the success of their business. You can create an account for free, but you’re only given the ability to navigate through the leaderboard and observe the actions of non-gurus. If you’re ready to invest your money to see which stocks the gurus are trading in real-time You’ll need to sign up to one of Profit.ly’s deals, which we will review in the coming days.
The process of opening an account is easy: create an account that includes your personal information and expertise, connect to your brokerage account, and you’ll be given a chance to shoot your way to the top of the leaderboard. Profit.ly’s Leaderboard function, which was mentioned previously was designed to offer its users a look at how the community of traders performs and its gurus. It’s not just a way to show your worth to a community of traders. You can also use Profit.ly to buy with a professional with the assurance that you’re comfortable of their knowledge and the veracity of their claims.
If you are unsure about the concept of leaking the details of your broker account you may decide to share your trades, verified or otherwise, through screenshots. Also included in Profit.ly are the vast number of trading courses as well as the ability to look at stats in a trader’s profile as well as other ways to interact with your experts in the chatroom, as well as 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 trades in penny stocks. According to Investopedia the term “penny stock” refers to a small-sized company’s stock that trades for under $5 for each share. The penny stock market is an avenue for small-scale businesses to make the transition to a large marketplace as it gives them access to money from the public. But don’t make the mistake of thinking that it’s also a high-risk game, which Sykes can surely tell through his many years of expertise.
From his beginnings at the end of his time in high school, Tim Sykes has, since then, made an estimated $6 million profit through his lengthy career as a trader. When he was 25 years old, he had been given greater exposure and an even wider reach of influence when he was a part of the reality show “Wall Street Warriors.” He then took advantage of it to create trading rooms as well as penny stock themes as well as educational content targeted at those who are just beginning to learn about trading. He also helped establish Profit.ly as a place of openness, and for the community to lift each other up and compete with each other through the platform.
The Profit.ly Gurus
One of Profit.ly’s amazing features is the wide range of educational resources, trade alerts, and other useful stuff offered by the platform’s in-house gurus. The gurus in question refer to the experts in trading who have made substantial profits from their collective years of knowledge. Agora Financial Tim Sykes Weekend Trader
At its peak, Profit.ly had housed up to five gurus. Each of them a pro in their niche in the trading industry. Some of the prominent gurus included Connor Bruggermann, Nathan Michaud of Investors Underground, and Triforce among others. At the time of writing only two gurus remain on the platform: Founder and penny stock trader Tim Sykes and veteran smallcap swing trader Paul Scolardi, also known as Superman. With that taken into consideration we’ll take a look at the packaged offers each guru can offer.
From Tim Sykes Tim Sykes
Sykes offers an essential stock trading service that focuses on penny-priced day trading with Tim’s Alerts. At $74.95 monthly, you’ll be able to see him concentrate on the fundamental stock catalysts and use them to anticipate the next possible moves in making trades.
A purchase on its own in Tim’s Alerts will get you access to the chatroom and the mobile app that’s available for iOS as well as Android devices, as well as texts, emails and push alerts as well as a daily watchlist of stocks.
from Tim Sykes: The Pennystocking Silver Package
Pennystocking Silver is the highest-quality version, with an upgraded version of Tim’s Alerts program. It costs $149.95 for a month this is the perfect plan for those who are more committed to the penny-stock market. Pennystocking Silver comes with all the standard features that were included in earlier plans which includes alerts for swing trading and access to an extensive collection of more than 7,000 educational videos and new videos released weekly.
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In “Superman” Paul Scolardi: Superman Alerts
Scolardi, who goes by the name “Superman,” is a professional in swing trading with 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 trading profits. Agora Financial Tim Sykes Weekend Trader
The Superman Alerts plan is an offer of the most essential features and alerts on trading geared to those interested. For $147 per month, you’ll gain access daily stock watchlist that is premarket along with the mobile application, daily market commentary in real-time, as well as 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 the extensive knowledge base that is provided by Superman himself, via his Superman Pro package. In addition to the basic features featured in the Alerts plan, Superman Pro gives you daily video lessons, which include the growing collection of the previous ones. Additionally, you’ll also get the ability to access premium reports on research as well as the IPO or earnings monitor.
Profit.ly Programs and Costs
If you’re looking to join the trading community on the internet and leave a mark in the field, Profit.ly has the right amount of tools to get you going. Profit.ly offers three membership tiers that are designed to accommodate traders with different levels. Let’s take a look at what these three are and how much they’ll cost you.
Novice Plan
The Novice package is Profit.ly’s beginning-of-the-line plan specifically for those who are new to the trading community. Once you have signed to this plan, you will be immediately given a slew of robust and indispensable trading tools, each of which is essential to keep your fingers on what we can describe as a cutthroat process in and of itself.
The list of features you can do using Profit.ly’s Novice program is the capability to check trades and track profits and follow-up, leading, and even messaging your fellow traders; and providing feedback on trades today. You’re also allowed to get on leaderboards; analyze, sort, and filter your trades; and lastly, look at the statistics of other traders.
The Novice plan is $29.95 per monthly payment. While it may look attractive simply because of the price but there’s a disadvantage. You can’t create a private account, making your personal information public. If you’re interested in get access to this feature, stay tuned as we introduce to you Profit.ly’s next plan.
The Trader Plan
The Trader package lets you to use a majority of features from the novice plan. In this plan, that you can create a private profile for sharing with fellow associate users all your knowledge and knowledge you gain from the trading community.
Costing $49.95/month, Profit.ly’s Trader plan does what the name suggests: Cater people who want to harness their skills in trading. While it’s nice, there is one significant aspect that’s not included. In contrast to the Novice package, you will not be able to see other traders’ statistics, which could be a disadvantage for some who may be anticipating this level. Agora Financial Tim Sykes Weekend Trader
Pro Plan
The Professional plan can be described as the most luxurious package Profit.ly can offer to experienced traders. With $74.95 monthly, which includes 22% off for annual billing the Pro plan has everything. You will have full, unrestricted access to all features from the two previous plans.
Not only do you get to look at other people’s statistics and data, but you also have the chance to create your own private profile. These two features are plus the other advantages that you can utilize to the fullest potential. If you’re looking for a plan that can serve you everything you need as a skilled trader, maybe the Pro plan is ideal for you!
Profit.ly’s Other Services
Apart from the training tools and the leadersboards Profit.ly offers a number of more services it has to offer. One of them is the online store, which allows users to choose from a wide array of instructional videos that are created to guide you through the ins and outs of trading. The products listed in this section of the website can be purchased immediately for personal use. These include best-selling products like”Trading Tickers, “Trading Tickers” series by trading specialist Tim Grittani, Timothy Sykes’s library of DVDs and streaming-only content about short stocking, penny stocking, as well as all aspects of trading. There are also clips and clips from events like the Annual Pennystocking Conference, and products from other expert traders.
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Chat rooms integrated into Profit.ly are as well part of Profit.ly’s array of services and features. You are probably familiar with the chat room as you will see it on messaging and social platforms, and also on a few specialty websites that offer live chat assistance. However, in Profit.ly the chat room is viewed as a space where experts and their member traders can communicate and share knowledge in real-time. Each guru has their style in operating their chat room and in dealing with the members. One of them may be laid back and not very often engaged, while another could be more active and in touch to their pupils. 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 wide range of products and features are geared towards the wide range 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 every person.
Beginners, for instance, can take advantage of Profit.ly’s collection of educational materials available across the platform. In addition, they will be provided with videos every week and chat room tips by its internal gurus and their members. Additionally, they can select from the products from its online store to carry with them wherever they be. They can also gain hands-on experiences from trading within the platform, but eventually they’ll be able to realize that the process is a high-stakes game that shouldn’t be treated as an amusing pastime.
For those traders who have had decades of experience in the line, we believe Profit.ly equally suitable to those who are just starting. While the newbies may not be as proficient in dealing with trading issues however, experienced traders know how it works along with the plethora of risks associated with it. It is ideal to use Profit.ly’s variety of features to their full advantage to enhance their trading abilities. Like beginners, they can learn from the experts and experts , and use those short tips and tricks along the way.
Profit.ly’s “all-in” approach does not only apply to beginners or semi-experienced trader. Experts who have been verified can also participate in the fun! Those in the trading industry who are at the same level as Superman as well as Tim Sykes can also use up Profit.ly’s abilities to show off their expertise to other traders as a way to help guide them through the ever-illustrious trading process. Agora Financial Tim Sykes Weekend Trader
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 a wealth of education tools, communication, and trading tools
- You will receive excellent training and advice from the company’s internal experts, which include libraries of educational videos and trading in real-time.
- You’re assured of transparency throughout Profit.ly with precise analytics as well as other traders who are ready to reach you out whenever something happens
- The platform’s leaderboard feature gives you a way to build your reputation as a reliable and authentic trader
- Apart from its main features, Profit.ly also gives its customers additional options to meet their needs, like posting trades that are not authentic by taking photographs
- Profit.ly’s wide array of subscription plans and guru packages are priced at affordable rates There’s something for everyone
The Cons
- Profit.ly’s numerous packages and services offered could be too much for a lot of its users
- Since traders can choose to make any type of trade, there’s a possibility that some of them may take advantage by cherry-picking the best trades to increase the rating – this may be a concern that should not be simply overlooked
- Profit.ly does not offer refunds because the premium customers will immediately benefit from the many services that the platform can provide
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The Final Concluding Question: Is Profit.ly Worth It?
If we were able to come up with the answer, it’s yes. However, you must realize that it shouldn’t be treated as a scheme to get rich quick. It wasn’t meant to be designed in this way. Instead, it is best to keep curiosity. Agora Financial Tim Sykes Weekend Trader
What we do mean by ‘yes’ is that it can be a great learning tool. People who are stuck may find Profit.ly’s range of resources useful when they try their best to incur lesser losses and perform better than they did before. It’s not just the poor traders that can benefit from the platform. It is able to accommodate novices and even experts!
If you really want to become better at trading and wish to learn from your peers and experts throughout the process, then you should look no further than Profit.ly. Profit.ly may be a great alternative to start.
FAQ Agora Financial Tim Sykes Weekend Trader
How can you make use of Profit.ly to post your trades?
Profit.ly has an entry section for trades under the My Trade’ category of the dashboard which allows you to post your trades, verifiable or not. There are three choices:
- Linking your account with your brokerage of choice and then importing transactions directly through there
- Manually entering your trades into specified spaces and information.
- Upload a screenshot of your trades
How can I tell whether the trade can be verified or not?
If you purchase your trade through a reliable brokerage, there is the likelihood that it can be verified. 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 downside of having an unauthentic trade is the chance of receiving downvotes from colleagues. Too many downvotes may result in you appearing on the Madoff leaderboard, which is where the public are able to identify who is dishonest in posting trades.
Are the Profit.ly mobile application still available?
As of the moment, Profit.ly is still available for download on the Apple App Store as well as in the Google Play store. The mobile app version is compatible with most working smartphones and tablets.
How many are using Profit.ly?
Profit.ly currently houses more than 150,000 investors and traders, because they are not just seeking to make the most profit but also help each other develop and grow in their ability to take advantage of opportunities on the stock market left and right.
