The stock market can be a high-stakes game. On certain days, you may be reaping the benefits of positive and satisfying numbers. However, on other days you may experience the opposite and it could be extremely difficult to get back to where you were your peak. If you’re constantly stuck in the gutter You will need be aware that relying solely on pure instinct and preservation may not always be enough.
If you’ve suffered loss from time to time You’ll need solid advice from seasoned and tested trading experts. Also, you’ll need a significant boost from your colleagues in the market from all over the world, which is why we’ve found an option that can help you to improve your performance in the industry. We’ll take the time to look at Profit.ly A well-respected 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. Do check out our article below, however, because it has a comprehensive overview of Profit.ly.
Overall Rating: 4.1/5 Compare Timothy Sykes Programs
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 permits traders of all levels to be knowledgeable, transparent, accountable, and uplifting with each other through its broad array of tools and features such as trade verification, chat rooms, and an enriched library of educational material.
How do I define Profit.ly?
Profit.ly is a trading site which serves as a training and learning platform for those new to trading as well as a place for traders who are experienced to monitor their performance through the use of cutting-edge analytics tools. Offering users a broad range of resources to facilitate trade and communication that help traders from all walks of life connect with each other. It gives the gurus an opportunity to invest in the right areas of the platform. Think of it as a social media site akin like Facebook and Reddit but with a focus on professionals 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 guarantees that the transactions are legitimate and will not allow for fraud as much as possible. It was created years ago by the penny stock trade expert and investment guru Timothy Sykes, along with the other expert Michael Mosseri.
One time , during an interview for Forbes magazine Sykes said that Profit.ly was driven by its focus “on showing the entire spectrum of trades, something which has never been prior to.” The idea, he added, served two objectives: one) making public records for all traders, not just the gurus and newsletter writers and students, and 2) allowing anyone on the platform to gain insight into both losses and wins for the trading industry’s benefit. Compare Timothy Sykes Programs
How Does It Work?
Profit.ly is a subscription-based platform that lets stock traders benefit from a variety of features and services aimed toward achievement. You may set up an account there at no cost, however you’re limited to access to the leaderboard and follow the actions of non-gurus. If you’re interested in investing your money to see what stocks the experts are trading in real time, you will need to sign up to one of Profit.ly’s deals that we’ll go over shortly.
The process of opening an account is simple: Create an account with your experience and expertise, connect to your brokerage account, and you’ll be given a chance to shoot your way to high on the leaderboard. Profit.ly’s leaders’ board feature as we’ve mentioned earlier it is designed to provide its users a look at their performance as a trading group and its experts. It’s not only a chance to demonstrate value to a community of traders. You are also able to use Profit.ly to shop from a guru with the assurance that you’re confident in their skills and the credibility of their assertions.
If you are unsure about the idea of sharing your brokerage account, you may decide to share your trades, whether verified or not, by taking pictures. In Profit.ly are a variety of trading courses as well as the ability to look at stats in a trader’s profile as well as other ways to connect with your gurus through the chatroom along with 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 is famously known for delving his hands into the penny-stock market. According to Investopedia Penny stock is a small business’s stock that trades for less than $5 per share. The penny stock market could be viewed as an opportunity for small-scale businesses to make the transition to a large marketplace as they can access money from the public. However, don’t get it wrong – it’s also an extremely risky activity, as Sykes can surely tell thanks to his years of experience.
Beginning at the end of his time in High School, Tim Sykes has, since then, earned over $6 million of earnings during his long and successful career as trader. At 25 years old, he had been given more exposure and a wider influence over time as a participant in the reality TV show “Wall Street Warriors.” He made use of the show to establish trading rooms and penny stock themes as well as educational content targeted at those who are new to trading. He also helped to establish Profit.ly as a place of openness, and for the community to uplift and compete against each other on the platform.
The Profit.ly Gurus
One of Profit.ly’s sweet inclusions is the vast array of educational resources, trade alerts, as well as other useful information provided by the platform’s in-house gurus. These gurus refer to the trading experts who have earned significant amounts of profit through their years of experience. Compare Timothy Sykes Programs
At its height, Profit.ly had housed up to five gurus, all of them a professional within their particular field in the trading industry. Some of the prominent experts were Connor Bruggermann, Nathan Michaud of Investors Underground, and Triforce, among a few others. As of this writing, there are only two gurus who remain on the platform: Founder and penny stock trader Tim Sykes and veteran smallcap swing trader Paul Scolardi, also known as Superman. In light of that Let’s look at what packaged deals each guru offers.
From Tim Sykes Tim Sykes
Sykes provides a basic stock trading service with the main priority being penny-priced day trading with Tim’s Alerts. Costing $74.95 per month, you’ll be able to observe him focus on fundamental catalysts for stocks and utilize them to predict the next moves that could occur when making trades.
A standalone purchase of Tim’s Alerts will get you access to the chatroom as well as the mobile app available on iOS and Android devices, as well as text, e-mail 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, with an upgraded version of Tim’s Alerts program. At $149.95 per month, it is an ideal plan for those who are more involved in penny stock trading. Pennystocking Silver comes with all the standard features of earlier plans including alerts for swing trading and access to a collection of more than 7,000 educational videos and new videos released weekly.
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The following video is from “Superman” Paul Scolardi: Superman Alerts
Scolardi who goes under the name “Superman,” is a swing trading professional with an eye for both 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. Compare Timothy Sykes Programs
The Superman Alerts plan is an offering of essential features and trading alerts geared to those interested. For just $147 per month, you’ll have an access to the day-to-day premarket stock watchlist along with the mobile app, the daily market commentary shown in real-time, as well as E-mail and SMS alerts.
From “Superman” Paul Scolardi: Superman Pro
For the price of $247, you receive additional features, as well as access to the extensive knowledge base provided by Superman himself via his Superman Pro package. On top of the essentials featured in the Alerts package, Superman Pro gives you weekly video lessonsthat include an ever-growing library of previous lessons. Additionally, you’ll also get access to premium research reports as well as an IPO and earnings tracker.
Profit.ly Programs and Costs
If you’re ready to join the trading community on the internet and leave a mark in the field, Profit.ly has the right amount of tools to get you up and running. The platform offers three membership tiers that cater to traders of different levels. Let’s break down what these three tiers are and how much they’ll cost you.
Novice Plan
This package for novices is Profit.ly’s basic plan that is designed specifically for those who are just beginning their journey to the trading community. When you sign to this plan you’ll be provided with a variety of powerful and indispensable trading tools, each one of them essential in keeping your fingers on what can describe as a cutthroat process by itself.
The list of features you can do with Profit.ly’s Novice package include the capability to check trades and track profits; leading, following and even chatting with your fellow traders, as well as giving feedback on the trades of today. You’re also allowed to get on leaderboards, analyze, sort, as well as filter trades; and, finally, see other’s stats.
The Novice plan is $29.95 per month. Although it might look appealing simply because of the price however, there’s a drawback. You aren’t able to create a personal account, making your actions public. If you do want to gain the benefit of this service, stay tuned as we introduce to you Profit.ly’s next plan.
Trader Plan
The Trader package lets 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 to share with fellow associate users all the insights and knowledge you gain from the trading community.
The price is $49.95/month, Profit.ly’s Trader plan is exactly what it says: Cater for those looking to harness their expertise in trading. Although it’s a nice thing, there is one significant aspect that’s not included. Unlike the previous Novice package, you won’t be able view other traders’ statistics, which could be a problem for those looking forward to this tier. Compare Timothy Sykes Programs
Pro Plan
This is by far the most luxurious package Profit.ly offers to experienced traders. At $74.95 monthly, which includes 22% off when billed annually This plan offers it all. You will have full, unrestricted access to all the features of the previous plans.
Not only do you get to look at other people’s statistics and data, but you also have the opportunity to create a private profile. Both of these options, on top of all the advantages that you can utilize to the maximum extent. If you’re looking for a plan that can serve you with everything you require as an experienced trader, the Pro tier could be ideal for you!
Profit.ly’s Other Services
In addition to the training tools and the leaderboards, Profit.ly offers a number of additional services that it can offer. One of these is its online store, which allows users to select from a variety of instructional videos that are that are designed to educate and provide guidance on the nuances and pitfalls of trading. All of the products featured in this section of the site can be immediately purchased for personal use. Among these products include best-sellers such as”Trading Tickers, “Trading Tickers” series by trader expert Tim Grittani, Timothy Sykes’s library of DVDs and streaming-only content about short stocking, penny stocking, and other related to trading, videos and scenes of The Annual Pennystocking Conference, and other products by expert traders.
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The chat rooms that are integrated are included in Profit.ly’s range of services and features. You may be familiar with the chat room since you can see it across social and messaging platforms, and also on a few specialty websites that offer live chat support. But on Profit.ly, it is seen as a hands-on space where experts and their members can interact and share knowledge in real-time. Each guru has their style when it comes to running their chat room and dealing with the members there. One might be laid back and rarely active, while another might be more interactive and online with their students. Think of the chatrooms as Profit.ly’s version of the forum in the essence.
Who is the Ideal Trader for Profit.ly?
Profit.ly’s variety of offerings and features caters to an array of stock trader types, from novices to experienced professionals. With the variety of deals it has to offer, the platform surely has something for all.
Beginners, for instance, can take advantage of Profit.ly’s library of learning information available on the platform. They will also be provided with videos every week and chat room advice from its in-house gurus and members. Additionally, they can pick from the merchandise available in its online store for them to take wherever they may travel. Additionally, they can gain practical experience trading on the platform, however they’ll realize that trading is a high-stakes game that should not be viewed as an amusing pastime.
For those traders who have had years of exposure down the line, we believe Profit.ly equally suited for them as it is for those who are just starting. While novice traders may not be as adept at handling trading matters however, experienced traders know how it works along with the stack full of risks associated with it. Ideally, they may utilize Profit.ly’s range of features to their full advantage to enhance their trading skills. Like novices, they can study from the gurus and experts and utilize those quick tips and tidbits along the way.
Profit.ly’s “all-in” approach isn’t limited to novices as well as semi-seasoned traders. Verified experts can also join in the fun! People in the trade industry who are on similar levels to Superman as well as Tim Sykes can also use up Profit.ly’s abilities to show off their skill to others as a way to help navigate them through the ever-changing trading process. Compare Timothy Sykes Programs
Profit.ly’s Pros and Cons
The Pros
- Profit.ly’s many capabilities as a “one-stop” stock trading platform allows traders across the globe with a wealth of education tools, communication, and trading tools
- You’ll receive excellent training and advice from the company’s 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 that are waiting to reach you out whenever something happens
- The platform’s leaderboard feature gives you the opportunity to increase your credibility as a trustworthy and dependable trader
- In addition to its primary features, Profit.ly also gives its users extra options to suit their preferences, such as posting unverifiable trades through screenshots
- Profit.ly’s variety of subscription levels and guru packages are priced at a reasonable cost There’s something for all
The Cons
- Profit.ly’s bountiful stream of packages and products offered may be too much for most of its customers
- Since traders can choose to make any type of trade, there is an opportunity that some them will profit by cherry-picking the best trades to increase the rating – this may be a problem that shouldn’t be ignored.
- Profit.ly will not allow refunds because the premium customers are expected to immediately benefit from the many services the platform has to provide
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The Final Verdict: Is Profit.ly worth it?
If we could come up with an appropriate answer for this query, it would be an affirmative “yes”. However, you must realize that the platform should not be used as a get-rich-quick scheme. It wasn’t meant to be designed to achieve this goal. Instead, you should have the ability to think with an open heart. Compare Timothy Sykes Programs
What we mean”yes” is it can be a great learning tool. People who are stuck could be able to find Profit.ly’s variety of resources helpful in their efforts to incur lesser losses and perform better than before. Not only struggling traders who will benefit from the platform. It can accommodate beginners and even experts in the field!
So, if you genuinely want to become more successful in trading and would like 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 choice to start.
FAQ Compare Timothy Sykes Programs
How do you use Profit.ly to post your trades?
Profit.ly offers the option of allowing trade entries within the “My Trade category on the dashboard. It lets you post your trades, verifiable or otherwise. You may choose between three choices:
- Linking your account with your brokerage of choice and then importing the trades from that directly
- Manually entering your trades using specified spaces and information.
- Send a screen shot of your transactions
What can I do to determine if the trade is verifiable or not?
If you buy your trade through a reliable brokerage, there is a high probability that it’s verifiable. This is indicated with the small blue check. If you upload it in a manual way or by taking screenshots, it will automatically be classified as unverified.
The drawback of posting an unauthenticated trade is the risk of receiving negative feedback from fellow peers. Too many downvotes may cause you to be listed on the Madoff leaderboard, which is where the public can see who’s fraudulent in posting trades.
Is the Profit.ly mobile app still in use?
As of this writing, Profit.ly is still available to download via the Apple App Store as well as on the Google Play store. The mobile version of the app works with all functioning tablets and smartphones.
How many people are currently connected to Profit.ly?
Profit.ly currently houses more than 150,000 investors and traders as they not only are seeking to make the most profit but also help each other develop and grow in their ability to take advantage of opportunities in the stock market left and right.
