Stock trading can be a high-stakes game. Some days, you could enjoy the benefits of positive and satisfying numbers. On other days, however it could be the reverse, and it may sometimes be very difficult to return to where you were your peak. If you find yourself constantly stuck in the gutter it is important be aware that relying solely on your instincts and preserving may not always be enough.
If you’ve suffered losses from time to time, you’re gonna be needing reliable advice from tested and tried trading experts. Also, you’ll need an enormous boost from your fellow traders from around the world, which is why we’ve identified an online platform that will help you in your growth in the market. In this review, 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.
Total Rating: 4.1/5 Cameron Fous Vs Timothy Sykes
Value: 4.1/5
Quality: 4.1/5
Costs: 4.1/5
Users Experience 4.5/5
Summary
Profit.ly can be described as an online platform for trading that enables traders of all levels to be informative and accountable, as well as transparent and to build relationships with one another through its wide array of tools and features like trade verification, chat rooms and a rich library of educational material.
What is Profit.ly?
Profit.ly is a site for trading that functions as a learning and education platform for people new to trading and also as a platform for experienced traders to track their performance through the use of advanced analytics tools. It provides users with a vast variety of tools for trade and communication that help traders from every field of business connect with one another. It also allows gurus to make worthy investments within the boundaries of the platform. Think of it as an online social media platform similar the likes of Facebook and Reddit however it is geared towards professionals and traders.
Profit.ly independently checks the performance of trades and publishes all data from them in the form of leaderboards. The platform’s trading model is based on transparency and honesty: it makes sure that transactions are legitimate and will not allow for fraud as much as is humanly possible. It was established years ago by the penny stock trade expert and investment guru Timothy Sykes, along with the other expert Michael Mosseri.
One time during his appearance in Forbes magazine, Sykes declared that Profit.ly was driven by its focus “on the transparency of the entire spectrum of trades, something which was never previously done.” This idea was, he said, serving two purposes: 1) creating public track records for everyone, not just the experts and students and newsletter writers and secondly) giving all users to be enlightened by both losses and wins to the benefit of the trading industry. Cameron Fous Vs Timothy Sykes
How Does It Perform?
Profit.ly is a subscription-based platform which allows stock traders to benefit from a variety of services and features geared towards achieving success. It is possible to create an account for free, but you’re only given the ability to navigate through the leaderboards and monitor the actions of non-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, which we will go over shortly.
Making an account easy: create an account that includes your personal information and expertise, connect to your brokerage account and you’ll have an opportunity to make your way up to high on the leaderboard. Profit.ly’s Leaderboard function, which was we’ve mentioned earlier it is designed to provide its users a look at how the community of traders performs and its gurus. It’s not only a chance to demonstrate that you’re worthy to the community of traders, as you can also utilize Profit.ly to purchase 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 concept of leaking the details of your broker account then you could choose to publish your trades, verified or not, via photographs. In Profit.ly are a variety of courses in trading as well as the ability to look at the stats of a trader’s account, and more ways to communicate with your gurus through the chatroom in addition to email and text alerts as well as updates.
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Meet the Founder: Tim Sykes
Timothy Sykes is a well-renowned day trading guru who has been famously known for his efforts in trades in penny stocks. According to Investopedia the term “penny stock” refers to a small company’s stock that trades for less than $5 per share. The penny stock market could be viewed as a stepping stone for small businesses to transition to a market that is larger as they can access funds from the public. However, don’t get it wrong – it’s also an extremely risky activity, as Sykes can surely tell because of his decades of expertise.
Beginning in the latter years of high school, Tim Sykes has, since then, earned an estimated $6 million profits through his lengthy career as a trader. At the age of 25, he had been given greater exposure and an even wider reach of influence when he was a part of the reality show “Wall Street Warriors.” Then, he took advantage of it to develop trading rooms as well as penny stock themes and educational content geared toward those who are just beginning to learn about the trading field. He also played a role in establishing Profit.ly as a platform for transparency, and for the community to uplift and compete against each other through the platform.
The Profit.ly Gurus
One of Profit.ly’s most appealing features is the variety of educational sources, trade alerts and other useful stuff offered by the in-house experts of the platform. These gurus refer to experts in the field of trading who have earned substantial profits from their collective years of expertise. Cameron Fous Vs Timothy Sykes
At its peak, Profit.ly had housed up to five gurus. Each of them a pro within their particular field within the world of trading. Some of the most prominent experts were Connor Bruggermann, Nathan Michaud of Investors Underground, and Triforce among others. At the time of writing, however, only two gurus remain on the platform: the 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 the packaged offers each guru can offer.
From Tim Sykes Tim Sykes
Sykes provides a basic stock trading service which focuses on penny-stock day trading via Tim’s Alerts. The cost is $74.95 for a month you will observe him focus on basic stock catalysts and employ them to anticipate the next moves that could occur when making trades.
A standalone purchase from Tim’s Alerts will get you access to the chatroom and the mobile app available for iOS as well as Android devices, text, e-mail and push alerts and a daily stock watchlist.
from Tim Sykes: The Pennystocking Silver Package
Pennystocking Silver is the premium version that has been upgraded of the Tim’s Alerts package. Priced at $149.95 per month, this is an ideal plan for investors who are committed to the penny-stock market. Pennystocking Silver comes with all the standard features that were included in earlier plans which includes swing trading alerts as well as unlimited access to a rich library of more than 7,000 instructional videos that are updated weekly.
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The following video is from “Superman” Paul Scolardi: Superman Alerts
Scolardi who goes under the name “Superman,” is a professional in swing trading with an eye for small-cap monumental stocks and crazy-accurate marketing forecasts. Through the years since he began as a trader, Superman has amassed over $5.5 million in all-time trading profits. Cameron Fous Vs Timothy Sykes
The Superman Alerts plan is his offer of the most essential features and alerts on trading geared towards those who might be interested. For $147 per month, you’ll gain access daily premarket stock watchlist as well as the mobile application, 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, plus access to the extensive knowledge base of information provided by Superman himself, via his Superman Pro package. Alongside the standard features that are included in the Alerts package, Superman Pro gives you weekly video lessonsthat include a growing library of all other previous ones. Additionally you’ll also have an access to high-quality research papers as well as an IPO as well as earnings tracking tool.
Profit.ly Programs and Costs
If you’re eager to join the world of online trading and leave your mark on the market, Profit.ly has the right amount of resources to get you up and running. The platform has three membership tiers, each designed for traders with different levels. Let’s take a look at what these three levels are and what they will cost you.
Novice Plan
The Novice package is Profit.ly’s entry-level plan designed especially for those who are just beginning their journey to the trading world. Once you have signed to this plan, you will be immediately given a slew of robust and essential trading tools, each of them integral in keeping your fingers on what we could call a ruthless procedure in its own.
Among the list of things you can do using Profit.ly’s Novice package is the capability to check the results of your trades and track profit; leading, following and even texting your fellow traders; and providing feedback on trades today. You can also get onto leaderboards; study your trades, sort or filter the trades you make; and lastly, look at other’s stats.
The Novice plan costs $29.95 per monthly payment. Although it looks attractive just by the price however, there’s a drawback. You can’t create a private profile, thus making your personal information public. If you’re interested in get access to this feature, be watching for us to introduce to you Profit.ly’s next strategy.
Trader Plan
The Trader plan allows you to use many of the features of the Novice plan. This plan allows that you can set up an individual profile that allows you to share with fellow associates all your insights 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 catering for those looking to improve their trading skills. While it’s nice however, there’s a crucial feature that is missing. Unlike the previous Novice package, you won’t be able to view the statistics of other traders that could be a problem for those looking forward to this tier. Cameron Fous Vs Timothy Sykes
Pro Plan
The Professional plan can be described as the highest premium package that Profit.ly can offer to experienced traders. With $74.95 each month which includes 22% off when billed annually the Pro plan has everything. You will have full, unrestricted access to all features of the previous plans combined.
You’re not only able to see other users’ stats as well, you’re also offered the option of creating an individual profile. These two features are plus the other benefits that you can use to the fullest potential. If you’re in search of an account that will give all the features you need to be a skilled trader, maybe the Pro level is the right choice for you!
Profit.ly’s Other Services
Apart from the provided trainer tools and leadersboards Profit.ly has a few additional services that it can offer. One of them is the online store, where customers can pick from a range of video products that are designed to educate and provide guidance on the nuances and pitfalls of trading. Each of the offerings listed on this page of the site can be purchased immediately for personal use. Some of these include bestsellers such as the “Trading Tickers” series from trading professional Tim Grittani, Timothy Sykes’s collection of DVDs and streaming-only content related to penny stocking, short stocking, and other things trading-related, clips and scenes from events like the Annual Pennystocking Conference, and other products by expert traders.
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Chat rooms integrated into Profit.ly are also part of Profit.ly’s variety of services and features. You are probably familiar with the concept of the chat room since you will see it on messaging and social platforms, and also on a few specialty websites that offer live chat support. However, in Profit.ly, it is seen as a space where experts and their member traders can communicate and share knowledge in real-time. Every guru has their own way in running their chat rooms and dealing with the members. One of them may be more laid back and not very often active, while another might be more online and communicative in their interactions with students. Think of chat rooms as Profit.ly’s version of the forum, in essence.
Who is the ideal Trader for Profit.ly?
Profit.ly’s variety of offerings and features are geared towards an array of stock traders, ranging from beginners to experienced pros. Given the wide range of options it has to offer, the platform surely has something for everyone.
Beginners, for instance, will enjoy Profit.ly’s collection of educational materials available across the platform. Not only will they be provided with videos every week and chat room advice by its internal gurus as well as their members. Additionally, they can choose from the items from its online store that they can take with them wherever they may go. You can also get hands-on experience trading on the platform, but ultimately they’ll be able to realize that the process is a high-stakes game that shouldn’t be taken as an amusing pastime.
For traders who have many years of experience down the road, we consider Profit.ly equally suited to them as people who are just beginning. While the newbies may not be as proficient in dealing with trading issues but the experts already know the way it functions and the stack full of risks associated with it. In the ideal scenario, they can use Profit.ly’s range of features to their full advantage to develop their skills in trading. Like novices, they can learn from the top experts and experts and utilize those short tips and tricks along the way.
Profit.ly’s “all-inclusive” nature isn’t limited to novices as well as semi-seasoned traders. Certified experts can also take part in the excitement! Trade professionals who are on an equal level with Superman or Tim Sykes can also use the power of Profit.ly’s capabilities to display their expertise to other traders as a way to navigate them through the ever-changing trading process. Cameron Fous Vs Timothy Sykes
Profit.ly’s Pros and Cons
The Pros
- Profit.ly’s diverse capabilities as a “one-stop’ stock trading platform enable it to provide traders everywhere with a wealth of education communications, trading, and communication tools
- You’ll be provided with excellent lessons and insights from its in-house gurus, including libraries of educational videos and real-time trading activities
- You’re assured of transparency throughout Profit.ly with accurate analytics and fellow traders that are waiting to reach you out if something occurs.
- The platform’s leaderboard feature gives you a way to build your reputation as a reliable and dependable trader
- Apart from its main features, Profit.ly also gives its customers extra options that can be tailored to their preferences, such as posting trades that are not authentic by taking screenshots
- Profit.ly’s wide array of subscription levels and guru packages are priced at affordable rates There is truly something for everyone
The Cons
- Profit.ly’s bountiful stream of packages and products offered may be too much for most of its users
- If traders decide to post any kind of trade, there is the possibility that some of them may take advantage by selecting the best trades in order to boost their rating This could be a risk that shouldn’t be overlooked.
- Profit.ly will not allow refunds as the premium customers will immediately benefit from the number of services the platform has to offer
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The Final Concluding Question is: Is Profit.ly Valued?
If we were able to come up with the answer, it would be yes. But you need to understand that it shouldn’t be treated as a get-rich-quick scheme. The platform wasn’t originally intended to be created in this way. Instead, you should have the ability to think with an open heart. Cameron Fous Vs Timothy Sykes
What we mean”yes” is that it is a fantastic learning tool. People who are stuck may discover Profit.ly’s range of resources useful as they do their best to incur lesser losses and perform better than before. It’s not just the struggling traders who will profit from the platform. It will be able to accommodate beginners as well as even experts!
So, if you genuinely want to become a better trader and want to be taught by your peers and experts along the way, then look no further – Profit.ly may be a great choice to start.
FAQ Cameron Fous Vs Timothy Sykes
How can you make use of Profit.ly to post your trades?
Profit.ly includes a trade entry portion in the ‘My Trade section of the dashboard. It lets you record your trades that are verified or otherwise. There are three choices:
- Linking your account with your broker of choice and import trades directly from there
- Manually inputting your trades with provided spaces and specifics
- Take a photo of your transactions
What can I do to determine whether the trade can be verified or not?
If you import your trade from a trusted brokerage, there’s an excellent probability that it’s verifiable. This is evident by the blue check mark. If you post it manually or through screenshots, it will automatically be classified as unverified.
The downside of having an unauthentic trade is the chance of receiving downvotes from friends and colleagues. Too many downvotes may cause you to be listed 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 for download on the Apple App Store and the Google Play store. The mobile version of the app works with all operating tablets and smartphones.
How many people are using Profit.ly?
Profit.ly currently houses over 150,000 investors and traders as they not only are looking to earn maximum profits but also assist each other to grow and learn more about acquiring opportunities in the stock market left and right.
