Stock trading is a high-stakes game. Some days, you could be reaping the benefits of positive and satisfying numbers. However, on other days, the opposite may happen and it could be extremely difficult to return to where you were your peak. If you find yourself immersed in the water, you will have to recognize that relying on instinct and survival is not always enough.
If you’ve been incurring occasional losses and you’re likely to require sound advice from tried-and-tested trading experts. Also, you’ll need an enormous boost from your colleagues in the market from all over the globe. That’s why we’ve found an online platform that will help you in your improvement in the industry. We’ll be taking a look at Profit.ly, a well-recognized 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. To get a comprehensive overview of Profit.ly, you may still want to check out our article below.
Overall Rating: 4.1/5 Anton Kreil Vs Tim Sykes
Value: 4.1/5
Quality: 4.1/5
Costs: 4.1/5
The User’s Experience 4.5/5
Summary
Profit.ly is an online trading platform that enables traders of various levels to be knowledgeable and accountable, as well as transparent and to build relationships with each other through its broad range of features and tools including chat rooms, trade verification as well as an extensive library of educational content.
How do I define Profit.ly?
Profit.ly is a site for trading which serves as a learning and education platform for traders who are starting out and also as a platform for experienced traders to track their performance using the aid of sophisticated analytics tools. It provides users with a vast array of options for communication and trade, it helps traders from all walks of life network with each other. It also allows gurus to make an opportunity to invest in the right areas that the site. Think of it as a social media site akin like Facebook and Reddit, but for traders and experts.
Profit.ly independently verifies trade performances and publishes all data from them in the style of leaderboards. The trading platform is built on honesty and transparency: it ensures that the trades are valid and won’t tolerate inauthenticity as much as possible. It was created many years ago by penny stock trade expert and investment guru Timothy Sykes, along with fellow expert Michael Mosseri.
One time during his interview with Forbes magazine Sykes said that Profit.ly was motivated by its focus “on the transparency of every trade, something that was never done before.” The concept Sykes said served two objectives: one) keeping track of public data for all traders, not just the gurus and students and newsletter writers and secondly) giving everyone on the platform to be enlightened by the losses and wins to the benefit of the trading industry. Anton Kreil Vs Tim Sykes
How Does It Work?
Profit.ly utilizes a subscription model which allows stock traders to have access to a range of features and services aimed towards achieving achievement. It is possible to create an account there at no cost, however you’re limited to the ability to navigate through the leaderboard and follow the actions of non-gurus. If you’re interested in investing 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 that we’ll go over shortly.
Making an account easy: create a profile with your experiences and expertise, connect to your brokerage account and you’ll have a chance to shoot your way up to high on the leaderboard. Profit.ly’s leaderboard feature, as we’ve mentioned earlier was designed to offer its users a glimpse of how the community of traders performs as well as its gurus. It’s not just a way to demonstrate your worth to a group of traders. You are also able to use Profit.ly to shop with a guru, and have the assurance that you’re confident in their skills and the credibility of their claims.
If you are unsure about the idea of sharing your brokerage account, then you could choose to publish your trades, whether verified or otherwise, through photographs. Included in Profit.ly is the huge selection of trading courses and the capability to see statistics on a person’s profile, and more ways to communicate with your gurus via chatrooms in addition to 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 trader who is well-known for his involvement in trades in penny stocks. According to Investopedia the term “penny stock” refers to a small company’s stock which trades at less than $5 per share. The trading of penny stocks is a stepping stone for small companies to move into a larger market because they can access money from the general public. But don’t be mistaken – it’s also a high-risk game, which Sykes will be able to tell you because of his decades of expertise.
From his beginnings in the latter years of high school, Tim Sykes has, since then, made more than $6 million in profit through his lengthy career as trading professional. At 25 years old Tim Sykes had received greater exposure and an even wider reach of influence when he was a part of the reality TV show “Wall Street Warriors.” He then took advantage of it to create trading rooms and penny stock themes as well as educational content targeted at people who are brand new to the trading field. He also helped establish Profit.ly as a place of transparency and for the community to lift each other up and compete with each other on the platform.
The Profit.ly Gurus
One of Profit.ly’s most appealing features is the variety of education resources, trade alerts, and other useful stuff offered by the company’s internal gurus. These gurus refer to the trading experts who have earned significant amounts of profit through their years of expertise. Anton Kreil Vs Tim Sykes
At its peak, Profit.ly had housed up to five gurus. Each of them an expert in their field of expertise in the trading industry. Some of the most famous experts included Connor Bruggermann, Nathan Michaud of Investors Underground, and Triforce as well as a handful of others. As of this writing, only two gurus remain on this platform: the 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 packaged offers each guru offers.
From Tim Sykes Tim Sykes
Sykes offers a basic stock trading service which focuses on penny-priced day trading with Tim’s Alerts. The cost is $74.95 for a month you’ll be able to see him focus on the fundamental catalysts for stocks and utilize them to forecast the next moves that could occur when making trades.
A standalone purchase from Tim’s Alerts will get you access to the chatroom as well as the mobile app available for iOS as well as Android devices; texts, emails 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 version that has been upgraded of the Tim’s Alerts package. Priced at $149.95 per month, it is the perfect plan for those who are more invested in penny stock trading. Pennystocking Silver comes with all the standard features that were included in prior plans, which includes swing trading alerts as well as unlimited access to a rich library of over 7,000 educational videos, with new ones released each week.
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The following video is from “Superman” Paul Scolardi: Superman Alerts
Scolardi, who goes by the name “Superman,” is a professional in swing trading with an eye for both massive stocks of the small-cap size and insanely accurate marketing forecasts. Since he began as a trader, Superman has amassed over $5.5 million in trading profits. Anton Kreil Vs Tim Sykes
The Superman Alerts plan is an offer of the most essential features and alerts on trading geared toward those who may be interested. For $147/month, you’ll get access daily premarket stock watchlist as well as the mobile application, daily market commentary shown in real time, and email and SMS alerts.
In “Superman” Paul Scolardi: Superman Pro
At $247/month, you get additional features, plus access to an extensive base of knowledge that is provided by Superman himself through the Superman Pro package. Alongside the standard features that are included in the Alerts plan, Superman Pro gives you weekly video lessonsthat include a growing library of all other previous ones. Additionally you’ll also have the ability to access premium reports on research and an IPO or earnings monitor.
Profit.ly Plans and Costs
If you’re looking to join the world of online trading and make a mark on the market, Profit.ly has the right amount of resources to help you started. The platform offers three membership levels, each designed for traders at different levels. Let’s take a look at what these three levels are and what they’ll cost you.
Novice Plan
The Novice package is Profit.ly’s entry-level plan designed especially for people who are brand new to the trading world. Once you have signed up for this package, you will be immediately provided with a variety of powerful and indispensable trading tools, each of which is essential to keep your fingers on what call a competitive process in and of itself.
Some of the features you can do with Profit.ly’s Novice package include the ability to confirm trades and track profits and follow-up, leading and even texting your fellow traders; and providing feedback on trades today. You can also get on leaderboards; analyze your trades, sort and filter your trades; and lastly, look at the statistics of other traders.
The Novice plan costs $29.95 per monthly payment. While it may look attractive for the price alone however, there’s a drawback. It isn’t possible to create a private profile, which makes your activities publicly available. If you’re interested in gain access to this feature, keep an eye on us as we present to you Profit.ly’s new plan.
The Trader Plan
The Trader package allows users to benefit from the majority of features available in the novice plan. It is in this plan that you are able to create an account that is private for sharing with fellow associate users all your knowledge and knowledge you gain from trader’s community.
The price is $49.95/month, Profit.ly’s Trader plan will do what the name implies caters for those looking to improve their skills in trading. While it’s nice but there’s one important aspect that’s not included. Unlike the previous Novice package, you will not be able to view other traders’ stats this might be a drawback for those eager to try this new tier. Anton Kreil Vs Tim Sykes
Pro Plan
This is by far the most expensive plan Profit.ly offers to experienced traders. At $74.95 each month with an additional 22% discount for billing annually This plan offers it all. It gives you full, unlimited access to all features from the two previous plans.
Not only do you get to view other people’s stats, but you’re also given the opportunity to create an individual profile. These two features are plus the other benefits that you can use to the maximum extent. If you’re in search of a plan that can serve you with everything you require as a skilled trader, maybe the Pro tier could be the right choice for you!
Profit.ly’s Other Services
In addition to the tools for training and Leaderboards Profit.ly provides a variety of more services it has to provide. One of these is its online store, which allows users to pick from a range of instructional videos that are designed to inform and guide you through the nuances and pitfalls of trading. The products listed in this section of the website is available to be immediately purchased for personal use. Some of these include bestsellers such as”Trading Tickers,” the “Trading Tickers” series by trading professional Tim Grittani, Timothy Sykes’s library of DVDs and streaming-only content on short stocking, penny stocking, as well as all things trading-related, clips and footage of The Annual Pennystocking Conference, and products from other expert traders.
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Chat rooms integrated into Profit.ly are included in Profit.ly’s range of services and features. You may be familiar with the concept of chat rooms since you will see it on social and messaging platforms as well as some specialty websites that provide live chat support. However, in Profit.ly the chat room is viewed as a area where experts and member traders can communicate and learn in real time. Every guru has their own style in operating their chat room and in dealing with the members there. One might be more laid back and less engaged, while another could be more active and in touch to their pupils. Consider chatrooms as Profit.ly’s version of the forum in its essence.
Who is the ideal trader to 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. Considering the number of offers it offers it is certain to have something for everyone.
For instance, newbies will enjoy Profit.ly’s knowledge-based materials available across the platform. Not only will they get daily videos and chat room advice from the in-house experts as well as their members. They’ll also be able to choose from the items in its online store that they can take with them wherever they may go. You can also get hands-on experiences by trading through the platform, however they’ll realize that trading is a high stakes game that shouldn’t be treated as a joke.
For those traders who have had decades of experience in the line, we believe Profit.ly as equally as suitable to the newcomers. While the newbies may not be as proficient in dealing with trading issues but the experts already know the way it functions and the plethora 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 learn from the top experts as well as experts, and take advantage of short tips and tricks to help them along.
Profit.ly’s “all-inclusive” nature doesn’t just apply to newbies and semi-experienced traders. Certified experts can also take part in the excitement! People in the trade industry who are at similar levels to Superman as well as Tim Sykes can also use up Profit.ly’s capabilities to showcase their skills to others as a way to help assist them in the ever-changing trading process. Anton Kreil Vs Tim Sykes
Profit.ly’s Pros and Pros and
The Pros
- Profit.ly’s numerous capabilities as a “one-stop’ platform for trading stocks allows it to provide traders everywhere with an abundance of knowledge communications, trading, and communication tools
- You’ll be taught by experts and tips from the internal experts, which include collections of educational videos as well as trading in real-time.
- You’re guaranteed transparency throughout Profit.ly with precise analytics as well as fellow traders ready to call you out if something occurs.
- The platform’s leaderboard feature gives you the chance to establish your credibility as a trustworthy and verifiable trader
- Apart from its core features, Profit.ly also gives its customers additional options to meet their needs, like posting trades that are not authentic by taking screenshots
- Profit.ly’s wide array of subscription plans and guru packages are priced at a reasonable cost There is truly something for all
The Cons
- Profit.ly’s abundance of products and packages offered might be too much for the majority of its users
- As traders may opt to make any type of trade, there’s a possibility that some of them will profit by picking the most profitable trades to boost their rating This could be a problem that shouldn’t be simply overlooked
- Profit.ly will not allow refunds because its premium users are expected to immediately benefit from the many services that the platform can offer
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The Final Concluding Question is: Is Profit.ly Worth It?
If we could come up with an appropriate answer for this query, it would be an affirmative “yes”. But you need to understand that the platform should not be used as a scheme to get rich quick. The platform wasn’t originally meant to be designed for this reason. Instead, it is best to keep the ability to think with an open heart. Anton Kreil Vs Tim Sykes
What we do mean by ‘yes’ is that it is a fantastic learning tool. Those who may be stuck might discover Profit.ly’s variety of resources helpful as they do their best to avoid losses and perform better than before. It’s not just the struggling traders who will benefit from this platform. It can accommodate beginners and even experts in the field!
If you really want to become more successful in trading and would like to learn from your fellows and gurus along the way, then look no further – Profit.ly is a fantastic option to begin.
FAQ Anton Kreil Vs Tim Sykes
What are the best ways to use Profit.ly to make your trades public?
Profit.ly offers a trade entry portion under the “My Trade’ category of the dashboard which lets you record your trades, either verified or not. There are three choices:
- Connecting your account to your broker of choice and import the trades from that directly
- Manually inputting your trades with specified spaces and information.
- Send a screen shot of your transactions
How do I know whether the trade can be verified or not?
If you import your trade from a reputable brokerage, there’s the likelihood that it can be verified. This is evident by the small blue check. If you post it manually or through pictures, it will be assigned as unverified.
The disadvantage of an unauthentic trade is the chance of receiving negative feedback from colleagues. Too many downvotes may cause you to show up 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 on the Google Play store. The mobile version of the app is compatible with the majority of functioning tablets and smartphones.
How many people are connected to Profit.ly?
Profit.ly currently houses 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 stock market opportunities both right and left.
