Stock trading is an extremely risky game. On some days, you could have the benefit of positive and satisfying numbers. On other days, the opposite may happen and it can be extremely difficult to return to where you were your best. If you’re constantly stuck in the gutter, you will have be aware that relying solely on your instincts and preserving may not always 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. You’re also gonna need an important boost from trading partners from all over the globe. That’s why we’ve identified an online platform that will help you to improve your performance in the industry. We’ll take the time to look at Profit.ly A well-respected all-in-one 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 Become A Better Trader Tim Sykes
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 allows traders of all levels to be knowledgeable and accountable, as well as transparent and encouraging each other through its broad range of features and tools like trade verification, chat rooms as well as an extensive library of educational material.
How do I define Profit.ly?
Profit.ly is a trading website that serves both as a training and learning platform for those who are just beginning their journey as well as a place for experienced traders to track their performance with the help of cutting-edge analytics tools. It provides users with a vast variety of tools to facilitate trade and communication and letting traders from all walks of life connect with each other. It offers gurus with worthy investments within the boundaries of the platform. Think of it as the social media equivalent the likes of Facebook and Reddit but with a focus on experts and traders.
Profit.ly independently verifies trade performances and posts all the data of them in the manner of leaderboards. The platform’s trading model is based on trust and transparency. it guarantees that the transactions are legitimate and will not tolerate inauthenticity as much as is humanly possible. It was created many years ago by penny stock trade expert and investment expert Timothy Sykes, along with fellow expert Michael Mosseri.
In an interview for Forbes publication, Sykes stated that Profit.ly was based “on showing the entire spectrum of trades, something which has never been done before.” This idea, he added, served two goals: 1.) creating public track records for not just the gurus, but also the newsletter writers and students as well as) making it possible for everyone on the platform to gain insight into the losses and wins to the benefit of the trading industry. Become A Better Trader Tim Sykes
How Does It Work?
Profit.ly is a subscription-based platform which allows stock traders to gain access to a multitude of tools and services that are geared towards achieving achievement. You may set up an account on the site at no cost, however you’re limited to the ability to navigate through the leaderboard and follow the activities of people who aren’t gurus. If you’re ready to invest your money in order to find out what stocks the experts are trading in real-time You’ll need to join one of Profit.ly’s offerings that we’ll review in the coming days.
Making an account simple: Create a profile with your experiences and expertise, connect to your brokerage account and you have yourself a chance to shoot through at the very top of the list. Profit.ly’s Leaderboard function, which was we’ve mentioned earlier was designed to offer its users a glimpse of the performance of the trading community and its experts. It’s not just a way to show value to a large group of traders, but you are also able to use Profit.ly to purchase from a guru with the confidence that you are confident of their knowledge and the legitimacy of their claims.
If you’re not comfortable with the concept of leaking your brokerage account, you may opt to post your trades, verified or otherwise, through photographs. Also included in Profit.ly are the vast number of trading classes as well as the ability to look at stats in a trader’s profile, and more ways to interact with your experts via chatrooms as well as text and e-mail alerts and updates.
> > Click Here to Check Out Profit.ly < <
Meet the Founder: Tim Sykes
Timothy Sykes is a well-renowned day trading personality who has been famously known for delving his hands into penny stock trading. According to Investopedia Penny stock refers to a small-sized company’s stock which trades at under $5 for each share. The penny stock market could be viewed as a stepping stone for small businesses to transition to a large marketplace as they can access capital from the general public. But don’t make the mistake of thinking that it’s also a high-risk game, which 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, made an estimated $6 million earnings through his lengthy career as a trader. At the age of 25 Tim Sykes had received more exposure and a wider reach of influence when he was a part of the reality TV show “Wall Street Warriors.” He took advantage of it to develop 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 to establish Profit.ly as a place for transparency and to allow the community to rise and compete against each other on the platform.
The Profit.ly Gurus
One of Profit.ly’s sweet inclusions is the variety of education sources, trade alerts and other helpful stuff provided by the platform’s in-house gurus. These gurus refer to experts in the field of trading who have proven to make substantial profits through their years of experience. Become A Better Trader Tim Sykes
At its peak, Profit.ly had housed up to five gurus. Each of them a professional within their particular field in the trading industry. Some of the most prominent experts were 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 the platform: the founder of the penny stock market 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 the packages each guru can offer.
From Tim Sykes: Tim’s Alerts
Sykes offers a basic stock trading service that focuses on penny stock day trading through Tim’s Alerts. At $74.95 for a month you’ll be able to be able to see him concentrate 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 app that’s available to iOS and Android devices, 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 monthly, this is the perfect plan for those who are more involved in the penny-stock market. Pennystocking Silver offers all the essential features that were included in prior plans, such as swing trading alerts and unlimited access to a library of over 7,000 educational videos that are updated weekly.
> > Click Here to Check Out Profit.ly < <
The following video is from “Superman” Paul Scolardi: Superman Alerts
Scolardi who goes under the name “Superman,” is a trader who has an eye for tiny-cap massive stocks as well as wildly accurate marketing forecasts. Since he began as a trader, Superman has amassed over $5.5 million in trading earnings. Become A Better Trader Tim Sykes
The Superman Alerts package is his package of vital features and trading alerts geared toward those who may be interested. For $147/month, you’ll get an access to the day-to-day premarket stock watchlist as well as the mobile app, daily market commentary shown in real-time, as well as email and SMS alerts.
In “Superman” Paul Scolardi: Superman Pro
At $247/month, you get additional features, as well as access to a knowledgeable base that is provided by Superman himself via the Superman Pro package. Alongside the standard features that are included in the Alerts package, Superman Pro gives you weekly video lessonsthat include an ever-growing library of other previous ones. Additionally, you’ll also get an access to high-quality research papers and the IPO as well as earnings tracking tool.
Profit.ly Plans and Costs
If you’re looking 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 started. The platform offers three membership levels, each designed for traders at different levels. Let’s look at what the three tiers are and how much 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. When you sign to this plan, you will be immediately given a slew of robust and essential trading tools, all of which is essential to keep your hands on what we can describe as a cutthroat procedure in its own.
Some of the features you can do using Profit.ly’s Novice package include the ability to verify the results of your trades and track profit as well as leading, following, and even messaging your fellow traders, as well as providing feedback on trades today. You’re also allowed to get on leaderboards, analyze, sort, and filter your trades; and, finally, see other’s stats.
The Novice plan will cost $29.95 per month. Although it might look appealing for the price alone however, there’s a drawback. It isn’t possible to create a private profile, thus making your activities publicly available. If you do want to gain an account with this option, you should be watching for us to introduce to you Profit.ly’s next plan.
Trader Plan
The Trader package allows users to benefit from the majority of features available in the Novice plan. This plan allows that you can set up an account that is private for sharing with fellow associate users all your knowledge and intel in this trading group.
Costing $49.95/month, Profit.ly’s Trader plan does what the name suggests catering to those who desire to harness their expertise in trading. As nice as it seems, there is one significant aspect that’s not included. In contrast to the Novice package, you will not be able view other traders’ stats, which might be a drawback for those looking forward to this tier. Become A Better Trader Tim Sykes
Pro Plan
This is by far the highest premium package that Profit.ly offers to experienced traders. With $74.95 each month which includes a 22% discount for billing annually This plan offers everything. It gives you full, unlimited access to all features of the previous plans combined.
In addition, you’ll be able to view other people’s stats and data, but you also have the option of creating a private profile. Both of these options, in addition to the benefits that you can use to the fullest potential. If you’re in search of an option that gives all the features you need to be an experienced trader, the Pro level is for you!
Profit.ly’s Other Services
In addition to the trainer tools and leaderboards, Profit.ly offers a number of additional services that it can provide. One of these is its online store, which lets users select from a variety of instructional videos that are that are designed to educate and guide you through the nuances and pitfalls of trading. Each of the offerings listed in this section of the site can be bought immediately for your personal use. Among these products include best-sellers such as”Trading Tickers,” the “Trading Tickers” series by trading expert Tim Grittani, Timothy Sykes’s collection of DVDs, streaming-only content about short stocking, penny stocking, as well as all aspects of trading. There are also clips and footage of events like the Annual Pennystocking Conference, and items from other experts in trading.
> > Click Here to Check Out Profit.ly < <
The chat rooms that are integrated are as well part of Profit.ly’s variety of features and services. You may be familiar with the concept of chat rooms since you can find it throughout social and messaging platforms, and also on a few specialty websites that provide live chat assistance. But in Profit.ly the chat room is viewed as a area where experts and members trade and learn in real time. Each guru has their style in operating their chat room and dealing with the members. One of them may be a laid-back person who is rarely active, while another might be more interactive and online with their students. Consider chat rooms as 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 caters to a large variety of stock traders, ranging from beginners to experienced pros. With the variety of deals it can provide this platform definitely has something for every person.
Beginners, for instance, will enjoy Profit.ly’s knowledge-based materials available across the platform. In addition, they will be provided with videos every week and chat room tips by its internal gurus as well as their members. They’ll also be able pick from the merchandise available on its store online to carry with them wherever they travel. They can also gain hands-on experience trading on the platform, however they’ll realize that this is a risky game that shouldn’t be treated as an amusing pastime.
For those traders who have had decades of experience in the line, we see Profit.ly equally suited for them as it is for those who are just starting. While the newbies may not be as adept at managing trading, the pros already understand how it works and the plethora of risks associated with it. It is ideal to utilize 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 as well as experts, and take advantage of simple tips and hints along the way.
Profit.ly’s ‘all-together’ nature does not only apply to beginners and semi-experienced traders. Certified experts can also take part in the excitement! Those in the trading industry who are on similar levels to Superman or Tim Sykes can also use Profit.ly’s capabilities. Profit.ly’s capabilities to display their expertise to other traders in order to guide them through the ever-illustrious trading process. Become A Better Trader Tim Sykes
Profit.ly’s Pros and Pros and
The Pros
- Profit.ly’s diverse capabilities as a “one-stop’ stock trading platform allows traders across the globe with an abundance of knowledge, communication, and trading tools
- You will receive excellent training and tips from the in-house gurus, including libraries of educational videos and live trading activity.
- You’re assured of transparency throughout Profit.ly with precise analytics as well as other traders who are ready to reach you when something goes wrong.
- The platform’s leaderboard feature gives you the chance to establish your reputation as a reliable and dependable trader
- In addition to its primary features, Profit.ly also gives its customers additional options to meet their individual preferences, for instance, posting trades that are not authentic by taking screenshots
- Profit.ly’s diverse range of subscription plans and guru packages are priced at affordable rates There’s something for everyone
The Cons
- Profit.ly’s bountiful stream of packages and products offered may seem overwhelming for the majority of its customers
- Since traders can choose to post any kind of trade, there is a possibility that some of them could profit from cherry-picking the best trades to improve their ratings this could be a risk that shouldn’t be ignored.
- Profit.ly will not allow refunds as its premium users will immediately benefit from the number of features the platform is able to provide
> > Click Here to Check Out Profit.ly < <
The Final Verdict: Is Profit.ly worth it?
If we could come up with an answer to this question, it would be a ‘yes’. But it is important to realize that the platform should not be used as a quick-fix scheme to make money. The platform was not always intended to be created to achieve this goal. Instead, you need to have the ability to think with an open heart. Become A Better Trader Tim Sykes
What we do mean”yes” is it could be a useful learning tool. Those who may be stuck could find Profit.ly’s range of resources helpful as they do their best to reduce losses and be more successful than they did before. Not only poor traders that can benefit from this platform. It will be able to accommodate beginners as well as even experts in the field!
If you really want to become better at trading and wish to learn from your mentors and peers on the way, take a look at Profit.ly. Profit.ly may be a great choice to start.
FAQ Become A Better Trader Tim Sykes
How do you use Profit.ly to post your trades?
Profit.ly includes the option of allowing trade entries in the ‘My Trade section of the dashboard. It lets you post your trades, either verified or otherwise. You may choose between three choices:
- Connecting your account to your broker of choice and import trades directly from there
- Manually inputting your trades with 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 purchase your trade from a trusted brokerage, there is an excellent chance that it is verifiable. This is indicated with the small blue check. If you upload the information manually or via pictures, it will be classified as unverified.
The disadvantage of an unauthentic trade is the risk of getting downvotes from your colleagues. A large number of downvotes could cause you to show up on the Madoff leaderboard, where users can see who’s untruthful in submitting trades.
Does the Profit.ly mobile app still in use?
As of the moment, 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 is compatible with the majority of operating tablets and smartphones.
How many are on Profit.ly?
Profit.ly currently houses more than 150,000 investors and traders, since they’re not just looking to earn maximum profits but also help each other grow and learn more about acquiring stock market opportunities left and right.
