Stock trading is a high-stakes game. On certain days, you may be reaping the benefits of pleasing and positive numbers. On other days, the opposite may happen and it can be extremely difficult to get back to where you were your peak. If you’re constantly stuck in the gutter, you will have to realize that relying on your instincts and preserving may not always be enough.
If you’ve experienced occasional losses You’ll need sound advice from tried-and-tested trading experts. Also, you’ll need a significant boost from your trading partners from all over the world, which is why we’ve discovered an option that can help you in your growth in the industry. In this review, we’ll take the time to look at Profit.ly, a well-recognized 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 Blogs Tim Sykes Penny Stocks
Value: 4.1/5
Quality: 4.1/5
Costs: 4.1/5
The User’s Experience 4.5/5
Summary
Profit.ly offers an internet-based trading service that enables traders of various levels to be informative, transparent, accountable, and uplifting with each other through its broad variety of tools and features like chat rooms, trade verification as well as an extensive library of educational content.
What is Profit.ly?
Profit.ly is a trading site that functions as a learning and education platform for those who are starting out as well as a place for traders with experience to keep track of their performance with the help of advanced analytics tools. It provides users with a vast range of resources for trade and communication and letting traders from every field of business connect with one another. It gives the gurus worthy investments within the boundaries that the site. Imagine it as a social media site akin to Facebook and Reddit, but for traders and experts.
Profit.ly independently checks the performance of trades and posts all the data from them in the form of leaderboards. The trading platform is built on trust and transparency. it makes sure that transactions are legitimate and will not allow for fraud as much as is humanly possible. It was established many years ago by penny stock trade expert and investment guru Timothy Sykes, along with the other expert Michael Mosseri.
One time during his interview with Forbes magazine, Sykes stated that Profit.ly was driven by its focus “on showing all trades, something that was never previously done.” The concept was, he said, serving two purposes: 1) making public records for all traders, not just the gurus as well as newsletter authors and students and secondly) making it possible for everyone on the platform to learn from the losses and wins for the trading industry’s benefit. Blogs Tim Sykes Penny Stocks
How Does It How Does It
Profit.ly is a subscription-based platform that allows stock traders to benefit from a variety of tools and services that are geared toward success. It is possible to create an account on the site for free, but you’re only limited to having access to the leaderboard and follow the actions of non-gurus. If you’re looking to invest your money in order to find out which stocks the gurus are trading in real time You’ll need to subscribe to any of Profit.ly’s offers that we’ll go over shortly.
The process of opening an account is easy: create an account that includes your personal information and knowledge, then connect to your brokerage account, and you’ll be given the chance to climb through the top of the leaderboard. Profit.ly’s leaderboard feature, as previously mentioned, is designed to give its users an insight into the performance of the trading community and its experts. It’s not just a way to prove that you’re worthy to the community of traders, but you can also utilize Profit.ly to purchase with a guru, and have the confidence that you are confident in their skills and the legitimacy of their claims.
If you feel uneasy with the idea of sharing the details of your broker account then you could opt to post your trades, either verified or otherwise, through screenshots. Included in Profit.ly are the vast number of trading courses and the capability to see the stats of a trader’s account, and more ways to communicate with your gurus in the chatroom, as well as 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 trading personality who is famously known for delving his hands into the penny-stock market. According to Investopedia Penny stock refers to a small-sized company’s stock that trades for just less than 5 cents per share. Penny stock trading is an opportunity for small-scale businesses to make the transition to a market that is larger as they can access funds 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 through his many years of expertise.
Beginning in his late years in the high schools, Tim Sykes has, since then, made more than $6 million in profits during his long and successful career as a trader. When he was 25 years old Sykes was given greater exposure and an even wider influence over time as a participant in the reality show “Wall Street Warriors.” Then, he 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 the trading field. He also played a role in establishing Profit.ly as a place for transparency and to allow the community to rise and compete against each other through the platform.
The Profit.ly Gurus
One of Profit.ly’s amazing features is the vast array of education tools, trade alerts and other useful stuff offered by the company’s internal gurus. These gurus refer to experts in the field of trading who have proven to make substantial profits from their collective years of experience. Blogs Tim Sykes Penny Stocks
At its height, Profit.ly had housed up to five gurus. Each of them a professional in their field of expertise in the field of trading. Some of the most prominent 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: the founder of the penny stock market Tim Sykes and veteran smallcap swing trader Paul Scolardi, also known as Superman. In light of that, let’s take a look at the packaged offers each guru has to offer.
From Tim Sykes Tim Sykes
Sykes provides basic stock trading services with the main priority being penny stock day trading through Tim’s Alerts. Costing $74.95 for a month you’ll observe him focus on basic stock catalysts and employ them to anticipate the next move that is possible when trading.
A purchase on its own in Tim’s Alerts will get you access to the chatroom, as well as the mobile app available to iOS as well as Android devices, as well as 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 highest-quality, upgraded version of the Tim’s Alerts package. Priced at $149.95 monthly, this is a great option for those who are more committed to investing in penny stocks. Pennystocking Silver includes all the basic features that were included in prior plans, which includes swing trading alerts as well as unlimited access to an extensive library of more than 7,000 instructional videos and new videos released weekly.
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From “Superman” Paul Scolardi: Superman Alerts
Scolardi who goes under the name “Superman,” is a trader who has an eye for small-cap monumental stocks and crazy-accurate marketing forecasts. Through the years since when he first started trading, Superman has amassed over $5.5 million in all-time trading profits. Blogs Tim Sykes Penny Stocks
The Superman Alerts package is his offer of the most essential features and alerts on trading geared to those interested. For $147/month, you’ll get an access to the day-to-day stock watchlist that is premarket and the mobile application, daily market updates in real-time, and email and SMS alerts.
The film “Superman” Paul Scolardi: Superman Pro
For the price of $247, you receive additional features, plus access to an extensive base of knowledge that is provided by Superman himself via Superman Pro. Superman Pro package. Alongside the standard features featured in the Alerts plan, Superman Pro gives you weekly video lessons, including the growing collection of the previous ones. On top of that you’ll also gain the ability to access premium reports on research as well as an IPO or earnings monitor.
Profit.ly plans and costs
If you’re looking to join the trading community on the internet and leave your mark on the industry, Profit.ly has the right amount of tools to get you started. The platform has three membership levels that are designed to accommodate traders at different levels. Let’s look at what the three levels are and what they will cost you.
Novice Plan
The package called Novice is Profit.ly’s entry-level plan designed especially for people who are brand new to the trading community. As you sign up for this plan, you will be immediately provided with a variety of powerful and indispensable trading tools, all of them integral in keeping your fingers on what we call a competitive process by itself.
The list of 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; and leaving feedback on today’s trades. You can also get on leaderboards; analyze the results of your analysis, sort, and filter your trades and lastly, look at other’s stats.
The Novice plan is $29.95 per monthly payment. Although it looks attractive for the price alone but there’s a disadvantage. You can’t create a private account, making your personal information public. If you’re looking to get an account with this option, be watching for us to introduce to you Profit.ly’s new plan.
Trader Plan
The Trader package lets you to take advantage of a majority of features from The Novice package. It is in this plan that you are able to create a private profile for sharing with fellow associate users all your knowledge and intel in the trading community.
Costing $49.95/month, Profit.ly’s Trader plan will do what the name implies catering for those looking to harness their expertise in trading. While it’s nice however, there’s a crucial element that’s missing. As opposed to the prior Novice package, you won’t be able to see other traders’ stats, which could be a disadvantage for those anticipating this level. Blogs Tim Sykes Penny Stocks
Pro Plan
The Professional plan can be described as the most premium package that Profit.ly could offer for seasoned traders. At $74.95 monthly, and an additional 22% discount for annual billing This plan offers it all. It gives you full, unlimited access to all the options of the prior plans.
In addition, you’ll be able to see other users’ stats and data, but you also have the chance to create your own private profile. These two features are in addition to the advantages that you can utilize to their fullest capacity. If you’re in search of an option that gives all the features you need to be trader with experience, the Pro plan is for you!
Profit.ly’s Other Services
Apart from the provided tools for training and leadersboards Profit.ly offers a number of more services it has to offer. One of those is its online store, which allows users to select from a variety of videos created to provide guidance on the ins and outs of trading. Each of the offerings listed in this section of the site can be purchased immediately for personal use. These include best-selling products like”Trading Tickers,” the “Trading Tickers” series from trading expert Tim Grittani, Timothy Sykes’s library of DVDs and streaming-only content related to penny stocking, short stocking, and all other things trading-related, clips and footage taken from The Annual Pennystocking Conference, and items from other experts in trading.
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The integrated chat rooms are as well part of Profit.ly’s array of services and features. You are probably familiar with chat rooms since you can see it across social and messaging platforms in addition to a few special websites that offer live chat support. But in Profit.ly, it is seen as a real-time area where experts and members trade and exchange knowledge in real-time. Each guru has their style in running their chat rooms and in dealing with the members there. One might be a laid-back person who is rarely active, while another might be more online and communicative with their students. Think of chatrooms as Profit.ly’s version of the forum in its essence.
Who is the ideal trader to Profit.ly?
Profit.ly’s wide range of products and features are geared towards a large variety of stock traders, ranging from beginners to experienced pros. Given the wide range of options it can provide it is certain to have something for all.
Beginners, for instance, will appreciate Profit.ly’s library of learning information available on the platform. They will also be enriched with weekly videos and chat room advice by its internal gurus and their members. Additionally, they can pick from the merchandise available in its online store that they can take with them wherever they be. Additionally, they can gain practical experiences by trading through the platform, but ultimately they’ll realize that trading is a high-stakes game that shouldn’t be taken as an opportunity to make fun of.
For the traders with decades of experience in the road, we consider Profit.ly equally suitable to them as the newcomers. Although the novices might not be as adept at dealing with trading issues however, experienced traders know how it works and the risky mix that come with it. In the ideal scenario, they can use Profit.ly’s range of features to their full advantage to develop their trading skills. Like beginners, they can study from the gurus as well as experts, and take advantage of short tips and tricks to help them along.
Profit.ly’s “all-in” approach does not only apply to beginners or semi-experienced trader. Verified experts can also join in the fun! Trade professionals who are on an equal level with 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 assist them in the ever-changing trading process. Blogs Tim Sykes Penny Stocks
Profit.ly’s Pros and Pros and
The Pros
- Profit.ly’s many capabilities as a “one-stop’ stock trading platform enable traders across the globe with a wealth of education, communication, and trading tools
- You’ll receive excellent training and insights from its inside experts, as well as collections of educational videos as well as 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 when something goes wrong.
- The leaderboard feature of the platform offers you the opportunity to increase your reputation as a reliable and verifiable trader
- Apart from its main capabilities, Profit.ly also gives its customers extra options that can be tailored to their preferences, such as posting unverifiable trades through screenshots
- Profit.ly’s wide array of packages and subscription levels are priced at affordable rates There is truly something for every person
The Cons
- Profit.ly’s abundance of products and packages offered might seem overwhelming for the majority of its customers
- As traders may opt to open any kind of trade, there’s an opportunity that some them may take advantage by picking the most profitable trades to improve their ratings this could be a concern that should not be simply overlooked
- Profit.ly will not allow refunds because its premium users will immediately take advantage of the numerous services that the platform can offer
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The Final Verdict 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 it shouldn’t be treated as a quick-fix scheme to make money. It wasn’t intended to be created for this reason. Instead, you should have the ability to think with an open heart. Blogs Tim Sykes Penny Stocks
What we mean”yes” is it can be a great learning tool. Those who may be stuck could discover Profit.ly’s range of resources useful when they try their best to reduce losses and be more successful than before. It’s not only the struggling traders that will benefit from the platform. It can accommodate beginners and even experts!
If you really desire to be better at trading and wish to be taught by your fellows and gurus along the way, then you should look no further than Profit.ly. Profit.ly could be a good alternative to start.
FAQ Blogs Tim Sykes Penny Stocks
How can you make use of Profit.ly to post your trades?
Profit.ly offers the option of allowing trade entries within the My Trade’ category of the dashboard which lets you post your trades that are verified or otherwise. There are three choices:
- Linking your account with your brokerage of choice and importing trades directly from there
- Manually entering your trades into the spaces provided and details
- Take a photo of your transactions
What can I do to determine if the trade is verifiable or not?
If you import your trade from a reputable brokerage, there’s an excellent probability that it’s verifiable. This is evident by the blue check mark. If you upload it manually or through pictures, it will be assigned as unverified.
The drawback of posting an unauthenticated trade is the chance of getting downvotes from your friends and colleagues. A large number of downvotes could cause you to show up in the Madoff leaderboard, where users can see who’s untruthful in submitting trades.
Is the Profit.ly mobile application still available?
As of this writing, Profit.ly is still available for download on the Apple App Store and in the Google Play store. The mobile version of the app is compatible with most working smartphones and tablets.
How many people are currently using 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 learn and improve in acquiring opportunities in the stock market both right and left.
