The stock market can be an exciting game with high stakes. On some days, you could enjoy the benefits of positive and satisfactory numbers. On other days, the opposite may happen and it can be extremely difficult to return to the point you were at your peak. If you find yourself immersed in the water it is important be aware that relying solely on pure instinct and preservation is not always enough.
If you’ve suffered losses from time to time and you’re likely to require sound advice from tried-and-tested trading experts. Additionally, you’ll require an important boost from trading partners from all over the world, which is why we’ve identified an online platform that will help you in your growth within the field. In this review, we’ll take a look at Profit.ly, a well-recognized one-stop 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. Do check out our article below, however, because it has a comprehensive overview of Profit.ly.
Overall Rating: 4.1/5 Download Timothy Sykes Products Spikability
The User’s Experience 4.5/5
Profit.ly is an online trading platform that permits traders of various levels to be knowledgeable, transparent, accountable, and uplifting with one another through its wide array of tools and features such as chat rooms, trade verification, and an enriched library of educational material.
What exactly is Profit.ly?
Profit.ly is a trading website that functions as a training and learning platform for people who are just beginning their journey and also as a platform for traders who are experienced to monitor their performance using the aid of sophisticated analytics tools. It provides users with a vast range of resources for communication and trade, it helps traders from all walks of life connect with one another. It gives the gurus worthwhile investments within the confines that the site. Consider it an online social media platform similar like Facebook and Reddit but with a focus on experts and traders.
Profit.ly independently validates trade performance and then publishes the information from them in the style of leaderboards. The trading platform is built on honesty and transparency: it makes sure that trades are authentic and won’t accept fake news as long as possible. It was founded years ago by the penny stock trade expert and investment guru Timothy Sykes, along with his colleague Michael Mosseri.
One time during his interview for Forbes magazine Sykes said that Profit.ly was motivated by its focus “on the transparency of all trades, something that has never been previously done.” The idea Sykes said served two goals: 1.) making public records for all traders, not just the gurus and students and newsletter writers and secondly) allowing anyone on the platform to gain insight into both the wins and losses for the trading industry’s benefit. Download Timothy Sykes Products Spikability
How Does It Work?
Profit.ly utilizes a subscription model which allows stock traders to benefit from a variety of services and features geared at achieving 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 activities of non-gurus. If you’re interested in investing your money in order to find out which stocks the gurus are trading in real-time You’ll need to join one of Profit.ly’s offerings, which we will review in the coming days.
Making an account easy: create an account that includes your personal information and expertise, connect to your brokerage account and you’ll be given the chance to climb your way up to the top of the leaderboard. Profit.ly’s Leaderboard function, which was mentioned previously it is designed to provide its users an insight into the performance of the trading community as well as its gurus. It’s not just a way to demonstrate value to a community of traders, but you can also use Profit.ly to buy with a professional with the assurance that you’re confident with their expertise and the credibility of their assertions.
If you’re not comfortable with the idea of divulging your brokerage account, then you could choose to publish your trades, either verified or not, by taking screenshots. In Profit.ly are a variety of trading classes, the ability to view the stats of a trader’s account, and more ways to communicate with your gurus through the chatroom in addition to 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 penny stock trading. According to Investopedia the term “penny stock” refers to a small-sized company’s stock which trades at under $5 for each share. Penny stock trading is an avenue for small-scale businesses to make the transition into a larger market because it allows them to access capital from the public. But don’t make the mistake of thinking that it can also be an extremely risky activity, as Sykes will be able to tell you through his many years of expertise.
Since his initial beginnings in the latter years of the high schools, Tim Sykes has, since then, made an estimated $6 million profit through his lengthy career as trader. When he was 25 years old, he had been given greater exposure and an even wider impact as a participant in the reality TV show “Wall Street Warriors.” He then used the opportunity to develop trading rooms as well as penny stock themes and educational material aimed at those who are new to trading. He also helped to establish Profit.ly as a platform for transparency, and to allow the community to rise and compete with each other through the platform.
The Profit.ly Gurus
One of Profit.ly’s most appealing features is the wide range of education resources, trade alerts, and other useful stuff offered by the platform’s in-house gurus. The gurus in question refer to the experts in trading who have proven to make significant amounts of profit from their combined years of knowledge. Download Timothy Sykes Products Spikability
At its height, Profit.ly had housed up to five gurus, each of them an expert within their particular field 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 the platform: the founder as well as 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 has to offer.
From Tim Sykes: Tim’s Alerts
Sykes offers basic stock trading services 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 predict the next possible moves in trading.
A purchase on its own of Tim’s Alerts will get you access to the chatroom, as well as the mobile application that is available to 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 highest-quality version that has been upgraded of the Tim’s Alerts package. At $149.95 monthly, it is the perfect plan for investors who are committed to the penny-stock market. Pennystocking Silver includes all the basic features found in the previous plan, which includes swing trading alerts as well as unlimited access to a rich library of over 7,000 educational videos, with new ones released every week.
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In “Superman” Paul Scolardi: Superman Alerts
Scolardi, who goes by the name “Superman,” is a swing trading professional with an eye for both tiny-cap massive stocks as well as wildly accurate marketing forecasts. Since the time he started trading, Superman has amassed over $5.5 million in trading earnings. Download Timothy Sykes Products Spikability
The Superman Alerts plan is an offer of the most essential features and trading alerts geared towards those who might be interested. For just $147 per month, you’ll have access to the daily premarket stock watchlist and the mobile app, the daily market commentary shown in real time, and SMS and e-mail alerts.
In “Superman” Paul Scolardi: Superman Pro
For $247 per month, you can enjoy additional features and access to an extensive base of knowledge that is provided by Superman himself through Superman Pro. Superman Pro package. In addition to the basic features that are included in the Alerts package, Superman Pro gives you weekly video lessons, including the growing collection of previous lessons. On top of that you’ll also have the ability to access premium reports on research as well as the IPO or earnings monitor.
Profit.ly plans and costs
If you’re eager to join the online trading community and leave your mark on the field, Profit.ly has the right amount of resources to get you started. Profit.ly offers 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.
This package for novices is Profit.ly’s basic plan that is designed specifically for people who are brand new to the trading world. When you sign up for this package, you will be immediately offered a range of strong and indispensable trading tools, each of which is essential to keep your hands on what we could call a ruthless process by itself.
The list of features you can do with Profit.ly’s Novice package is the ability to confirm the results of your trades and track profit and follow-up, leading and even chatting with your fellow traders; and leaving feedback on today’s trades. It also allows you to be on leaderboards; analyze your trades, sort or filter the trades you make and lastly, look at other’s stats.
The Novice plan costs $29.95 per month. While it may look attractive simply because of the price however, there’s a drawback. You aren’t able to create a personal profile, which makes your personal information public. If you’re interested in gain the benefit of this service, you should stay tuned as we introduce to you Profit.ly’s next strategy.
The Trader Plan
The Trader plan allows 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 individual profile that allows you to share with other associate users all your knowledge and knowledge you gain from this trading group.
The price is $49.95/month, Profit.ly’s Trader plan will do what the name implies: Cater to those who desire to improve their expertise in trading. Although it’s a nice thing however, there’s a crucial feature that is missing. As opposed to the prior Novice package, this one won’t be able to see the statistics of other traders this could be a disadvantage for those anticipating this level. Download Timothy Sykes Products Spikability
This is by far the most premium package that Profit.ly could offer for seasoned traders. It costs $74.95 per month, which includes a 22% discount for annual billing the Pro plan has it all. You will have full, unrestricted access to all options of the previous plans.
You’re not only able to see other users’ stats as well, you’re also offered the opportunity to create your own private profile. These two features are on top of all the advantages that you can utilize to their fullest capacity. If you’re looking for a plan that can serve all the features you need to be an experienced trader, the Pro plan is the right choice for you!
Profit.ly’s Other Services
Apart from the provided training tools and the leadersboards Profit.ly provides a variety of more services it has to provide. One of these is its online store, which allows users to select from a variety of video products 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 purchased immediately for personal use. These include best-selling products such as”Trading Tickers, “Trading Tickers” series by trading specialist Tim Grittani, Timothy Sykes’s collection of DVDs, streaming-only content related to penny stocking, short stocking, and other related to trading, videos and footage from events like the Annual Pennystocking Conference, and items from other experts in trading.
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Chat rooms integrated into Profit.ly are as well part of Profit.ly’s array of features and services. You may be familiar with the concept of the chat room as you can see it across social and messaging platforms in addition to a few special websites that offer live chat support. However, in Profit.ly, it is seen as a real-time space where experts and their member traders can communicate and share knowledge in real-time. Every guru has their own style in operating their chat room and dealing with the members. Some may be a laid-back person who is not very often active, while another might be more active and in touch to their pupils. Think of chat rooms like Profit.ly’s version of the forum, in its essence.
Who is the best trader to Profit.ly?
Profit.ly’s diverse range of products and features cater to an array of stock traders, ranging from novices to the most experienced. With the variety of deals it has to offer this platform definitely has something for everyone.
Beginners, for instance, will enjoy Profit.ly’s collection of educational content offered throughout the platform. In addition, they will be enriched with weekly videos and chat room tips by its internal gurus and their members. Additionally, they can choose from the items from its online store to carry with them wherever they travel. You can also get hands-on experiences from trading within the platform, however, they will soon learn that trading is a risky game that shouldn’t be taken as an opportunity to make fun of.
For those traders who have had many years of experience down the line, we believe Profit.ly equally suitable to them as those who are just starting. While the newbies may not be as well-equipped with dealing with trading issues however, experienced traders know the way it functions and the risky mix that come with it. In the ideal scenario, they can use Profit.ly’s array of options to their maximum advantage to enhance their trading skills. As beginners, they are able to learn from the experts and experts and utilize those short tips and tricks throughout the process.
Profit.ly’s “all-in” approach doesn’t just apply to newbies and semi-experienced traders. Certified experts can also take part in the excitement! Trade professionals who are at the same level as Superman as well as Tim Sykes can also use the power of Profit.ly’s capabilities to display their skills to others as a way to guide them through the ever-illustrious trading process. Download Timothy Sykes Products Spikability
Profit.ly’s Pros and Cons
- Profit.ly’s many capabilities as a “one-stop” platform for trading stocks allows traders across the globe with tons of learning tools, communication, and trading tools
- You will be taught by experts and insights from its inside experts, as well as libraries of educational videos and trading in real-time.
- You can be sure of complete transparency through Profit.ly with precise analytics as well as other traders who are ready to reach you out whenever something happens
- The platform’s leaderboard feature gives you a way to build your reputation as a reliable and dependable trader
- In addition to its primary capabilities, Profit.ly also gives its customers additional options to meet their individual preferences, for instance, posting unauthentic trades via screenshots
- Profit.ly’s wide array of packages and subscription levels are priced at a reasonable cost There is truly something for everyone
- Profit.ly’s bountiful stream of packages and services offered could seem overwhelming for a lot of its users
- If traders decide to make any type of trade, there is a possibility that some of them could profit from selecting the best trades in order to boost their rating This could be a problem that shouldn’t be overlooked.
- Profit.ly will not allow refunds as the premium customers are expected to immediately benefit from the number of features the platform is able to provide
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The Final Verdict is: Is Profit.ly worth it?
If we could think of an answer to this question, it’s a ‘yes’. But it is important to realize that this platform shouldn’t be viewed as a quick-fix scheme to make money. It wasn’t designed to be used to achieve this goal. Instead, you need to have an open mind. Download Timothy Sykes Products Spikability
What we are referring to by ‘yes’ is that it can be a great learning tool. For those who are struggling, they could discover Profit.ly’s range of resources helpful as they do 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 will be able to accommodate beginners as well as even experts!
So, if you genuinely care about being better at trading and wish to learn from your mentors and peers on the way, look no further – Profit.ly may be a great choice to start.
FAQ Download Timothy Sykes Products Spikability
What are the best ways to use Profit.ly to make your trades public?
Profit.ly includes the option of allowing trade entries within the ‘My Trade category on the dashboard that allows you to post your trades that are verified or otherwise. You may choose between three options:
- Linking your account to the brokerage of choice and importing transactions directly through there
- Manually entering your trades into the spaces provided and details
- Send a screen shot of your trades
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 likelihood that it can be verified. This is indicated with the small blue check. If you upload the information manually or via images, it will be assigned as unverified.
The disadvantage of an unauthenticated trade is the chance of receiving negative feedback from friends and colleagues. Too many downvotes may result in you appearing 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 and in the Google Play store. The mobile app version is compatible with most working smartphones and tablets.
How many are using Profit.ly?
Profit.ly currently houses over 150,000 investors and traders as they not only are trying to maximize profits but also assist each other to learn and improve in acquiring opportunities in the stock market both right and left.