The stock market can be a high-stakes game. Some days, you may have the benefit of pleasing and positive numbers. However, on other days it could be the reverse and it could be extremely difficult to return to where you were at your best. If you’re immersed in the water, you will have 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 sound advice from tried-and-tested trading experts. Also, you’ll need a significant boost from your colleagues in the market from all over the globe. That’s why we’ve found a platform that can support you to improve your performance in the industry. This review will take the time to look at Profit.ly A well-respected 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 All Of Tim Sykes Videos
The User’s Experience 4.5/5
Profit.ly is an online trading platform that permits traders of different levels to be informed, transparent, accountable, and to build relationships with each other by offering a wide variety of tools and features such as chat rooms, trade verification as well as an extensive library of educational content.
What is Profit.ly?
Profit.ly is a trading site that serves both as a learning and training platform for traders new to trading and as a hub for traders with experience to keep track of their performance through the use of advanced analytics tools. Offering users a broad range of resources to facilitate trade and communication and letting traders from all walks of life network with each other. It also allows gurus to make worthwhile investments within the confines of this platform. Imagine it as a social media site akin like Facebook and Reddit, but for experts and traders.
Profit.ly independently validates trade performance and then publishes the information from them in the form of leaderboards. The trading platform is built on transparency and honesty: it ensures that the transactions are legitimate and will not accept fake news as long as it is possible. It was founded in the past by penny stock trade expert and investment guru Timothy Sykes, along with fellow expert Michael Mosseri.
One time , during an interview for Forbes publication, Sykes said that Profit.ly was based “on showing every trade, something that was never done before.” The idea was, he said, serving two purposes: 1) creating public track records for everyone, not just the experts, but also the newsletter writers and students and secondly) making it possible for everyone on the platform to be enlightened by both the wins and losses to the benefit of the trading industry. All Of Tim Sykes Videos
How Does It How Does It
Profit.ly utilizes a subscription model that allows stock traders to have access to a range of tools and services that are geared toward achievement. It is possible to create an account on the site at no cost, however you’re only given the ability to navigate through the leaderboard and observe the activities of people who aren’t 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 offers that we’ll discuss in the near future.
Setting up an account is simple: Create an account with your experience and knowledge, then connect to your brokerage account and you have yourself an opportunity to make through high on the leaderboard. 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 just a way to show that you’re worthy to the group of traders, but you are also able to use Profit.ly to purchase with a guru, and have the assurance that you’re comfortable in their skills and the legitimacy of their claims.
If you feel uneasy with the idea of sharing the details of your broker account you may choose to publish your trades, whether verified or otherwise, through pictures. In Profit.ly is the huge selection of trading classes and the capability to see stats in a trader’s profile, and more ways to connect with your gurus 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 trading guru who is famously known for his efforts in the penny-stock market. According to Investopedia the term “penny stock” is a small business’s shares that trade for under $5 for each share. Penny stock trading could be viewed as an avenue for small companies to move to a market that is larger as it allows them to access money from the public. But don’t make the mistake of thinking that it can also be an extremely risky game, as Sykes will be able to tell you because of his decades of experience.
Beginning at the end of his time in the high schools, Tim Sykes has, since then, made an estimated $6 million profits through his lengthy career as trading professional. When he was 25 years old Tim Sykes had received greater exposure and a larger reach of influence as a participant in the reality TV show “Wall Street Warriors.” He then took advantage of it to create trading rooms as well as penny stock themes and educational material aimed at people who are brand new to trading. He also helped establish Profit.ly as a platform for transparency and to allow the community to rise and compete through the platform.
The Profit.ly Gurus
One of Profit.ly’s sweet inclusions is the vast array of education sources, trade alerts and other useful stuff offered by the platform’s in-house gurus. These gurus refer to the trading experts who have earned significant amounts of profit through their years of experience. All Of Tim Sykes Videos
At its peak, Profit.ly had housed up to five gurus, all of them an expert in their field of expertise within the world of trading. Some of the most famous experts included Connor Bruggermann, Nathan Michaud of Investors Underground, and Triforce, among a few others. At the time of writing, there are only two gurus who remain on this 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 what packaged deals each guru can offer.
From Tim Sykes: Tim’s Alerts
Sykes offers basic stock trading services that focuses on penny-priced day trading with Tim’s Alerts. Costing $74.95 for a month you’ll see him focus on the fundamental catalysts for stocks and utilize them to predict the next move that is possible when making trades.
A standalone purchase in Tim’s Alerts will get you access to the chatroom and the mobile application that is available for iOS and Android devices; text, e-mail and push alerts; as well as a daily watchlist of stocks.
Tim Sykes: From Tim Sykes: The Pennystocking Silver Package
Pennystocking Silver is the most premium, upgraded version of the Tim’s Alerts program. At $149.95 per month, it is the perfect plan for those who are more involved in investing in penny stocks. Pennystocking Silver offers all the essential features that were included in the previous plan, including alerts for swing trading and access to a library of over 7,000 educational videos that are updated each week.
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From “Superman” Paul Scolardi: Superman Alerts
Scolardi who is known under the alias “Superman,” is a swing trading professional with an eye for tiny-cap massive stocks as well as wildly accurate marketing forecasts. Since when he first started trading, Superman has amassed over $5.5 million in total trading earnings. All Of Tim Sykes Videos
The Superman Alerts plan is his offer of the most essential features and alerts on trading geared towards those who might be interested. For just $147 per month, you’ll have an access to the day-to-day premarket stock watchlist and the mobile application, daily market commentary in real time, and SMS and e-mail 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 through the Superman Pro package. Alongside the standard features included in the Alerts package, Superman Pro gives you daily video lessons, which include a growing library of all the previous ones. In addition, you’ll also get access to premium research reports as well as an IPO as well as earnings tracking tool.
Profit.ly Programs and Costs
If you’re looking to join the world of online trading and leave a mark in the industry, Profit.ly has the right amount of tools to get you up and running. The platform has three membership levels that are designed to accommodate traders of different levels. Let’s take a look at what these three tiers are and how much they’ll cost you.
The Novice package is Profit.ly’s basic plan that is designed specifically for those who are just beginning their journey to the world of trading. As you sign to this plan you’ll be provided with a variety of powerful and essential trading tools, all of them integral in keeping your fingers on what can describe as a cutthroat process by itself.
The list of features you can accomplish using Profit.ly’s Novice package include the capability to check trades and track profits and follow-up, leading and even chatting with other traders; and giving feedback on the trades of today. You’re also allowed to get on leaderboards, analyze your trades, sort as well as filter trades and lastly, look at the statistics of other traders.
The Novice plan costs $29.95 per month. Although it might look appealing for the price alone, there is a downside. You aren’t able to create a personal profile, which makes your activities publicly available. If you’re looking to gain the benefit of this service, you should keep an eye on us as we present to you Profit.ly’s next plan.
The Trader Plan
The Trader plan allows you to take advantage of a majority of features from the novice plan. It is in this plan that you can create an individual profile that allows you for sharing with fellow associates all your insights and intel in trader’s community.
Priced at $49.95/month, Profit.ly’s Trader plan is exactly what it says caters people who want to harness their skills in trading. Although it’s a nice thing however, there’s a crucial aspect that’s not included. Unlike the previous Novice package, you won’t be able to view the statistics of other traders that could be a problem for some who may be anticipating this level. All Of Tim Sykes Videos
This is by far the highest luxurious package Profit.ly could offer for seasoned traders. It costs $74.95 per month, with an additional 22% discount for annual billing the Pro plan has everything. It gives you full, unlimited access to all the options of the previous plans.
You’re not only able to look at other people’s statistics as well, you’re also offered the option of creating an individual profile. Both of these options, on top of all the advantages that you can utilize to the maximum extent. If you’re in search of an account that will give all the features you need to be trader with experience, the Pro level is for you!
Profit.ly’s Other Services
In addition to the training tools and the Leaderboards Profit.ly has a few other services they offer. One of them is the online store, which allows users to select from a variety of video products designed to inform and guide you through the ins and outs of trading. The products listed on this page of the website can be immediately purchased for personal use. Among these products include best-sellers like the “Trading Tickers” series by trader expert Tim Grittani, Timothy Sykes’s collection of DVDs and streaming-only content about short stocking, penny stocking, and other aspects of trading. There are also clips and scenes taken from The Annual Pennystocking Conference, and products from other expert traders.
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The integrated chat rooms are included in Profit.ly’s array of services and features. You’re probably familiar with the chat room as you will see it on social and messaging platforms, and also on a few specialty websites that provide live chat support. However, in Profit.ly it’s seen as a real-time space where experts and their members can interact and learn in real time. Each guru has their style in running their chat rooms and dealing with the listed members. Some may be laid back and less active, while another may be more interactive and online in their interactions with students. Think of chat rooms as Profit.ly’s version of the forum, in its essence.
Who is the Ideal Trader for Profit.ly?
Profit.ly’s diverse range of products and features caters to a large variety of stock trader types, from beginners to experienced pros. Given the wide range of options it offers, the platform surely has something for everyone.
Newbies, for instance, can take advantage of Profit.ly’s library of learning materials available across the platform. They will also get daily videos 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 may travel. Additionally, they can gain practical experience trading on the platform, but eventually they’ll be able to realize that the process 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 to them as the newcomers. Although the novices might not be as well-equipped with handling trading matters however, experienced traders know the way it functions and the plethora of risks associated with it. It is ideal to make use of Profit.ly’s array of features to their full advantage to develop their skills in trading. As beginners, they are able to study from the gurus and experts and utilize those short tips and tricks to help them along.
Profit.ly’s “all-in” approach isn’t limited to novices or semi-experienced trader. Experts who have been verified can also participate in the enjoyment! Trade professionals who are on an equal level with Superman or Tim Sykes can also use up Profit.ly’s abilities to show off their skills to others in order to assist them in the ever-changing trading process. All Of Tim Sykes Videos
Profit.ly’s Pros and Cons
- Profit.ly’s numerous capabilities as a “one-stop’ platform for trading stocks allows it to provide traders everywhere with an abundance of knowledge, communication, and trading tools
- You get to receive excellent training and insights from its inside experts, as well as libraries of educational videos and live trading activity.
- 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 opportunity to increase your reputation as a reliable and authentic trader
- Apart from its main abilities, Profit.ly also gives its customers additional options to meet their needs, like posting unauthentic trades via screenshots
- Profit.ly’s wide array of packages and subscription levels are priced at affordable rates – there truly is something for every person
- Profit.ly’s bountiful stream of packages and products offered may be too much for most of its customers
- Since traders can choose to post any kind of trade, there’s an opportunity that some them may take advantage by selecting the best trades in order to boost their rating this could be a concern that should not be overlooked.
- Profit.ly does not offer refunds because its premium users will immediately benefit from the many services the platform has to provide
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The Final Concluding Question The Final Verdict: Is Profit.ly worth it?
If we could come up with an answer to this question, it would be an affirmative “yes”. But it is important to realize that it shouldn’t be treated as a get-rich-quick scheme. The platform was not always intended to be created for this reason. Instead, it is best to keep the ability to think with an open heart. All Of Tim Sykes Videos
What we mean”yes” is it is a fantastic learning tool. For those who are struggling, they may discover Profit.ly’s range of resources helpful in their efforts to avoid losses and be more successful than 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!
So, if you genuinely care about being a better trader and want to learn from your mentors and peers on the way, you should look no further than Profit.ly. Profit.ly may be a great alternative to start.
FAQ All Of Tim Sykes Videos
What are the best ways to use Profit.ly to make your trades public?
Profit.ly includes an entry section for trades in the ‘My Trade section of the dashboard. It allows you to post your trades, verifiable or not. There are three options:
- 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
What can I do to determine whether the trade is authentic or not?
If you buy your trade through a reliable brokerage, there’s a high probability that it’s verifiable. This is shown by the blue check mark. If you submit it in a manual way or by taking screenshots, it will automatically be assigned as unverified.
The drawback of posting an unauthenticated trade is the chance of receiving downvotes from 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.
Does the Profit.ly mobile app still in use?
As of this writing, Profit.ly is still available to download via the Apple App Store as well as the Google Play store. The mobile version of the app works with all operating tablets and smartphones.
How many are on Profit.ly?
Profit.ly is currently home to over 150,000 investors and traders because they are not just trying to maximize profits but also to help one another grow and learn more about acquiring stock market opportunities all over the world.