The stock market can be a high-stakes game. On certain days, you might enjoy the benefits of pleasing and positive numbers. On other days, however you may experience the opposite, and it may sometimes be very difficult to return to where you were at your most productive. If you are constantly stuck in the gutter it is important to recognize that relying on your instincts and preserving might not be enough.
If you’ve suffered occasional losses You’ll need solid advice from seasoned and tested trading experts. You’re also gonna need an important boost from fellow traders from around the world, which is why we’ve found an online platform that will help you in your growth in the market. In this review, we’ll take an in-depth look at Profit.ly is a well-known 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.
Total Rating: 4.1/5 Bianca Alexa Timothy Sykes’ Wife
Value: 4.1/5
Quality: 4.1/5
Costs: 4.1/5
The User’s 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 uplifting with one another through its wide variety of tools and features like chat rooms, trade verification and a rich library of educational content.
What exactly is Profit.ly?
Profit.ly is a trading website that functions as a learning and education platform for those who are starting out as well as a place for experienced traders to track their performance with the help of sophisticated analytics tools. Offering users a broad array of options for trade and communication, it helps traders from every field of business connect with one another. It also allows gurus to make worthwhile investments within the confines that the site. Imagine it as an online social media platform similar the likes of Facebook and Reddit, but for experts and traders.
Profit.ly independently checks the performance of trades and then publishes the information of them in the manner of leaderboards. The platform for trading is built on honesty and transparency: it ensures that the trades are valid and won’t accept fake news as long as possible. It was established in the past by penny stock trade expert and investment guru Timothy Sykes, along with the other expert Michael Mosseri.
In an interview with Forbes magazine, Sykes declared that Profit.ly was based “on the transparency of all trades, something that was never prior to.” The concept was, he said, serving two purposes: 1) keeping track of public data for all traders, not just the gurus as well as students and newsletter writers, and 2) making it possible for all users to learn from the losses and wins to benefit the industry of trading. Bianca Alexa Timothy Sykes’ Wife
How Does It Perform?
Profit.ly follows a subscription-based model that allows stock traders to have access to a range of tools and services that are geared at achieving achievement. You may set up an account there at no cost, however you’re only given access to the leaderboard and follow 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, you will need to subscribe to any of Profit.ly’s offers, which we will review in the coming days.
The process of opening an account is simple: Create an account that includes your personal information and expertise, connect your brokerage account, and you have yourself a chance to shoot your way to high on the leaderboard. Profit.ly’s leaderboard feature, as mentioned previously, is designed to give its users a glimpse of how the community of traders performs as well as its gurus. You’re not just allowed to demonstrate value to a community of traders, but you can also utilize Profit.ly to buy from a guru with the assurance that you’re confident in their skills and the veracity of their assertions.
If you are unsure about the idea of sharing your brokerage account, you can opt to post your trades, verified or otherwise, through pictures. Included in Profit.ly are the vast number of trading classes as well as the ability to look at the stats of a trader’s account, and more ways to communicate with your gurus in the chatroom, in addition to text and e-mail alerts and updates.
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Meet the Founder: Tim Sykes
Timothy Sykes is a well-renowned day trading personality who is well-known for his involvement in the penny-stock market. According to Investopedia Penny stock refers to a small company’s shares that trade for less than $5 per share. The penny stock market can be seen as an avenue for small companies to move to a market that is larger as it gives them access to funds from the general public. But don’t be mistaken – it can also be an extremely risky activity, as Sykes is sure to reveal through his many years of expertise.
Beginning at the end of his time in high school, Tim Sykes has, since then, made an estimated $6 million profits through his lengthy career as a trader. At the age of 25, he had been given more exposure and a wider influence over time as a participant in the reality show “Wall Street Warriors.” He then took advantage of it to create trading rooms, penny stock themes, and educational material aimed at those who are just beginning to learn about trading. He also played a role in establishing Profit.ly as a platform for transparency, 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 vast array of education resources, trade alerts, as well as other useful information provided by the company’s internal gurus. These gurus refer to the trading experts who have made substantial profits from their combined years of experience. Bianca Alexa Timothy Sykes’ Wife
At its height, Profit.ly had housed up to five gurus, each of them an expert within their particular field in the trading industry. Some of the most prominent gurus 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 and penny stock trader Tim Sykes and veteran smallcap swing trader Paul Scolardi, also known as Superman. In light of that we’ll take a look at what packaged deals each guru offers.
From Tim Sykes Tim Sykes: Tim’s Alerts
Sykes provides a basic stock trading service with the main priority being penny-priced day trading with Tim’s Alerts. Costing $74.95 for a month you’ll be able to see him concentrate on the fundamental catalysts for stocks and utilize them to forecast the next moves that could occur when making trades.
A purchase on its own 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; and a daily stock watchlist.
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 an ideal plan for those who are invested in penny stock trading. Pennystocking Silver comes with all the standard features found in earlier plans such as swing trading alerts and unlimited access to an extensive library of more than 7,000 instructional videos, with new ones released each week.
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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. In the time since he began as a trader, Superman has amassed over $5.5 million in all-time trading profits. Bianca Alexa Timothy Sykes’ Wife
The Superman Alerts plan is his offering of essential features and alerts on trading geared toward those who may be interested. For $147/month, you’ll get access to the daily premarket stock watchlist along with the mobile app, daily market commentary in real time, and email and SMS alerts.
From “Superman” Paul Scolardi: Superman Pro
For the price of $247, you receive additional features, as well as access to a knowledgeable base that is provided by Superman himself via his Superman Pro package. On top of the essentials that are included in the Alerts plan, Superman Pro gives you weekly video lessons, including a growing library of all other previous ones. In addition you’ll also gain an access to high-quality research papers and an IPO as well as earnings tracking tool.
Profit.ly Programs and Costs
If you’re eager to join the trading community on the internet and make a mark on the field, Profit.ly has the right amount of resources to help you up and running. Profit.ly offers three membership levels, each designed for traders with different levels. Let’s take a look at what these three tiers 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’ll be given a slew of robust and vital trading tools, all one of them essential in keeping your fingers on what could call a ruthless procedure in its own.
Some of the features you can do using Profit.ly’s Novice program is the ability to verify the results of your trades and track profit and follow-up, leading and even texting your fellow traders, as well as giving feedback on the trades of today. You’re also allowed to get on leaderboards; analyze, sort, and filter your trades; and, lastly, view 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 personal information public. If you’re looking to get an account with this option, you should stay tuned as we introduce to you Profit.ly’s next plan.
Trader Plan
The Trader package allows users to benefit from many of the features of The Novice package. In this plan, that you can create a private profile for sharing with fellow associate users all your knowledge and information you have gained from this trading group.
The price is $49.95/month, Profit.ly’s Trader plan will do what the name implies: Cater for those looking to improve their expertise in trading. As nice as it seems 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, which might be a drawback for some who may be eager to try this new tier. Bianca Alexa Timothy Sykes’ Wife
Pro Plan
The Pro plan is the highest premium package that Profit.ly offers to experienced traders. It costs $74.95 per month, which includes a 22% discount for annual billing This plan offers it all. You get full, no-holds-barred access to all the features from the two previous plans.
In addition, you’ll be able to look at other people’s statistics and data, but you also have the option of creating an individual profile. Both of these features, plus the other benefits that you can use to their fullest capacity. If you’re looking for 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 leadersboards Profit.ly offers a number of additional services that it can offer. One of them is the online store, where customers can pick from a range of videos designed to inform and help you understand the nuances and pitfalls of trading. The products listed on this page of the website is available to be bought immediately for your personal use. Some of these include bestsellers such as”Trading Tickers,” the “Trading Tickers” series from trading specialist Tim Grittani, Timothy Sykes’s collection of DVDs, streaming-only content about short stocking, penny stocking, as well as all related to trading, videos and footage of 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 variety of features and services. You are probably familiar with the chat room as you can see it across social and messaging platforms, and also on a few specialty websites that provide live chat support. However, in Profit.ly the chat room is viewed as a space where experts and their members can interact and learn in real time. Every guru has their own way in running their chat rooms and in dealing with the members there. One of them may be a laid-back person who is rarely active, while another may be more online and communicative with their students. Think of chatrooms as Profit.ly’s version of the forum in essence.
Who is the best Trader for Profit.ly?
Profit.ly’s wide range of products and features cater to a large variety of stock traders, ranging from novices to the most experienced. With the variety of deals it has to offer it is certain to have something for all.
Beginners, for instance, will enjoy Profit.ly’s collection of educational information available on the platform. Not only will they be provided with videos every week and chat room tips from its in-house gurus and members. They’ll also be able to choose from the items from its online store to carry with them wherever they travel. You can also get hands-on experiences by trading through the platform, however they’ll realize that trading is a high-stakes game that should not be viewed as an opportunity to make fun of.
For the traders with years of exposure down the line, we believe Profit.ly as equally as suitable for them as it is for the newcomers. While the newbies may not be as proficient in handling trading matters, the pros already understand how it works along with the risky mix that come with it. It is ideal to use Profit.ly’s range of features to their full advantage to enhance their trading skills. Like beginners, they can learn from the experts as well as experts, and take advantage of quick tips and tidbits to help them along.
Profit.ly’s ‘all-together’ nature doesn’t just apply to newbies and semi-experienced traders. Experts who have been verified can also participate in the enjoyment! People in the trade industry who are at the same level as Superman and Tim Sykes can also use Profit.ly’s capabilities. Profit.ly’s capabilities to display their skill to others as a way to help guide them through the ever-illustrious trading process. Bianca Alexa Timothy Sykes’ Wife
Profit.ly’s Pros and Pros and
The Pros
- Profit.ly’s numerous capabilities as a “one-stop’ stock trading platform enable it to provide traders everywhere with an abundance of knowledge, communication, and trading tools
- You’ll receive excellent training and tips from the internal experts, which include video libraries that teach you how to learn and trading in real-time.
- You’re assured of transparency throughout Profit.ly with precise analytics and fellow traders ready to call you out if something occurs.
- The leaderboard feature of the platform offers you the opportunity to increase your credibility as a trustworthy and verifiable trader
- In addition to its primary capabilities, Profit.ly also gives its users extra options to suit their needs, like posting unverifiable trades through photographs
- Profit.ly’s wide array of subscription levels and guru packages are priced at reasonable prices – there truly is something for everyone
The Cons
- Profit.ly’s bountiful stream of products and packages offered might be too much for most of its customers
- As traders may opt to open any kind of trade, there’s an opportunity that some them may take advantage by selecting the best trades in order to increase the rating This could be a concern that should not be simply overlooked
- Profit.ly does not offer refunds as its premium users will immediately benefit from the number of features the platform is able to provide
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The Final Verdict: Is Profit.ly Worth It?
If we could think of an appropriate answer for this query, it’s an affirmative “yes”. But you need to understand that this platform shouldn’t be viewed as a scheme to get rich quick. The platform wasn’t originally meant to be designed in this way. Instead, it is best to keep the ability to think with an open heart. Bianca Alexa Timothy Sykes’ Wife
What we are referring to by ‘yes’ is that it can be a great learning tool. People who are stuck might be able to find Profit.ly’s variety of resources useful when they try their best to incur lesser losses and perform better than they did before. It’s not only the struggling traders that will profit from the platform. It is able to accommodate novices and even experts!
If you truly care about being better at trading and wish to learn from your peers and experts along the way, then look no further – Profit.ly could be a good alternative to start.
FAQ Bianca Alexa Timothy Sykes’ Wife
What are the best ways to use Profit.ly to make your trades public?
Profit.ly includes an entry section for trades within the ‘My Trade section of the dashboard. It lets you record your trades, verifiable or otherwise. There are three options:
- Linking your account to the broker of choice and import trades directly from there
- Manually entering your trades into the spaces provided and details
- Send a screen shot of your trades
How can I tell whether the trade is authentic or not?
If you purchase 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 upload it in a manual way or by taking screenshots, it will automatically be assigned as unverified.
The drawback of posting an unauthentic trade is the chance of receiving negative feedback from colleagues. Too many downvotes may result in you appearing in the Madoff leaderboard, where users can detect who’s being untruthful in submitting trades.
Are the Profit.ly mobile app still in use?
At the time of writing, Profit.ly is still available to download via the Apple App Store as well as the Google Play store. The mobile app version is compatible with the majority of functioning tablets and smartphones.
How many are using Profit.ly?
Profit.ly currently houses over 150,000 traders and investors, as they not only are looking to earn maximum profits but also help each other learn and improve in acquiring opportunities on the stock market both right and left.
