Stock trading is a high-stakes game. On certain days, you could have the benefit of positive and satisfactory numbers. However, on other days you may experience the opposite and it could be extremely difficult to get back to where you were your best. If you’re immersed in the water You will need to realize that relying on your instincts and preserving is not always enough.
If you’ve been incurring losses from time to time, you’re gonna be needing solid advice from seasoned and tested trading experts. Additionally, you’ll require a significant boost from your colleagues in the market from all over the globe, which is why we’ve found an option that can help you in your improvement in the market. In this review, we’ll take a look at Profit.ly is a well-known 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. To get a comprehensive overview of Profit.ly, you may still want to check out our article below.
Overall Rating: 4.1/5 How Much Does Tim The Tracker Make
User Experience: 4.5/5
Profit.ly offers an internet-based trading service that enables traders of various levels to be informed, transparent, accountable, and uplifting with each other by offering a wide range of features and tools including chat rooms, trade verification and a rich library of educational content.
How do I define Profit.ly?
Profit.ly is a trading site that serves both as a learning and education platform for those who are just beginning their journey and as a hub for traders with experience to keep track of their performance through the use of cutting-edge analytics tools. Offering users a broad variety of tools to facilitate trade and communication and letting traders from all walks of life connect with one another. It also allows gurus to make worthy investments within the boundaries of the platform. Imagine it as an online social media platform similar like Facebook and Reddit, but for experts and traders.
Profit.ly independently validates trade performance and then publishes the information from them in the form of leaderboards. The platform for trading is built on honesty and transparency: it guarantees that the trades are authentic and won’t accept fake news as long as possible. It was established years ago by the penny expert in stock trading and investment guru Timothy Sykes, along with the other expert Michael Mosseri.
One time , during an appearance in Forbes publication, Sykes stated that Profit.ly was motivated by its focus “on showing every trade, something that was never done before.” This idea was, he said, serving two purposes: 1) creating public track records for all traders, not just the gurus and newsletter authors and students, and 2) making it possible for anyone on the platform to learn from both the wins and losses to benefit the industry of trading. How Much Does Tim The Tracker Make
How Does It How Does It
Profit.ly follows a subscription-based model which allows stock traders to gain access to a multitude of features and services aimed towards achieving achievement. You can create an account on the site for free, but you’re only limited to having the capability to browse the leaderboard and observe the activities of non-gurus. If you’re ready to invest your money to see what stocks the experts are trading in real time it is necessary to sign up to one of Profit.ly’s offers, which we will discuss in the near future.
Setting up an account is simple: Create an account that includes your personal information and expertise, connect to your brokerage account and you have yourself the chance to climb your way to high on the leaderboard. Profit.ly’s leaders’ board feature as mentioned previously was designed to offer its users an insight into the performance of the trading community and its experts. You’re not just allowed to prove value to a community of traders, but you can also utilize Profit.ly to buy from a guru with the assurance that you’re comfortable of their knowledge and the legitimacy of their assertions.
If you feel uneasy with the idea of divulging information about your account with a brokerage, you can decide to share your trades, whether verified or not, via screenshots. Included in Profit.ly is the huge selection of trading classes as well as the ability to look at the stats of a trader’s account and other methods to interact with your experts via chatrooms along with email and text alerts as well as updates.
Meet Tim Sykes, the founder: Tim Sykes
Timothy Sykes is a well-renowned day trading guru who is well-known for delving his hands into trades in penny stocks. According to Investopedia, a penny stock is a small business’s shares that trade for less than $5 per share. The penny stock market can be seen as an opportunity for small businesses to transition to a large marketplace as it allows them to access funds from the general public. However, don’t get it wrong – it’s also a high-risk game, which Sykes can surely tell because of his decades of experience.
Since his initial beginnings 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 Sykes was given greater exposure and an even wider influence over time when he became part of the reality series “Wall Street Warriors.” He then made use of the show to establish trading rooms and penny stock themes and educational material aimed at those who are new to the trading field. He also helped to establish Profit.ly as a place of transparency, and to allow the community to rise and compete against each other on the platform.
The Profit.ly Gurus
One of Profit.ly’s amazing features is the vast array of learning tools, trade alerts as well as other useful information provided by the company’s internal gurus. Gurus are referred to the trading experts who have earned substantial amounts of money from their collective years of experience. How Much Does Tim The Tracker Make
At its peak, Profit.ly had housed up to five gurus. Each of them a pro in their field of expertise in the field of trading. Some of the prominent gurus included Connor Bruggermann, Nathan Michaud of Investors Underground, and Triforce, among a few others. At the time of writing however, only two gurus remain on the platform: Founder as well as penny-stock trader Tim Sykes and veteran smallcap swing trader Paul Scolardi, also known as Superman. With that taken into consideration Let’s look at what packaged deals each guru can 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. The cost is $74.95 monthly, you’ll be able to observe him focus on fundamental stock catalysts and use them to forecast the next possible moves in trading.
A standalone purchase from Tim’s Alerts will get you access to the chatroom and the mobile app available on iOS and Android devices; text, e-mail, and push alerts; and a daily stock watchlist.
Tim Sykes: From Tim Sykes: The Pennystocking Silver Package
Pennystocking Silver is the highest-quality version that has been upgraded of the Tim’s Alerts program. It costs $149.95 monthly, this is the perfect plan for those who are more committed to investing in penny stocks. Pennystocking Silver comes with all the standard features of earlier plans which includes swing trading alerts and unlimited access to a library of more than 7,000 instructional videos and new videos released each week.
The following video is from “Superman” Paul Scolardi: Superman Alerts
Scolardi who is known 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 total trading earnings. How Much Does Tim The Tracker Make
The Superman Alerts plan is his offer of the most essential features and trading alerts geared toward those who may be interested. For just $147 per month, you’ll have access to the daily premarket stock watchlist as well as the mobile app, the daily market commentary in real-time, and SMS and e-mail alerts.
The film “Superman” Paul Scolardi: Superman Pro
At $247/month, you get additional features, plus access to an extensive base of knowledge of information provided by Superman himself through his Superman Pro package. In addition to the basic features included in the Alerts package, Superman Pro gives you weekly video lessons, including an ever-growing library of other previous ones. On top of that you’ll also have an access to high-quality research papers as well as an IPO and earnings tracker.
Profit.ly Programs and Costs
If you’re eager to join the online trading community and make a mark on the industry, Profit.ly has the right amount of tools to get you going. Profit.ly offers three membership levels that are designed to accommodate traders with different levels. Let’s take a look at what these three levels are and what they’ll cost you.
The Novice package is Profit.ly’s beginning-of-the-line plan specifically for those who are just beginning their journey to the trading community. As you sign to this plan, you will be immediately provided with a variety of powerful and vital trading tools, all of them integral in keeping your fingers on what could call a ruthless procedure in its own.
The list of features you can do using Profit.ly’s Novice package is the capability to check trades and track profits as well as leading, following 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, finally, see the statistics of other traders.
The Novice plan is $29.95 per month. Although it looks attractive for the price alone however, there’s a drawback. You can’t create a private profile, thus making your personal information public. If you do want to gain the benefit of this service, you should keep an eye on us as we present to you Profit.ly’s new plan.
The Trader package lets you to use many of the features of the novice plan. This plan allows that you can create a private profile for sharing with fellow associates all your insights and information you have gained from the trading community.
Priced at $49.95/month, Profit.ly’s Trader plan does what the name suggests catering for those looking to develop their expertise in trading. While it’s nice however, there’s a crucial feature that is missing. As opposed to the prior Novice package, you won’t be able to see other traders’ statistics, which might be a drawback for those eager to try this new tier. How Much Does Tim The Tracker Make
The Professional plan can be described as the most expensive plan Profit.ly could offer for seasoned traders. It costs $74.95 per month, and 22% off when billed annually This plan offers everything. It gives you full, unlimited access to all the features of the previous plans combined.
In addition, you’ll be able to see other users’ stats as well, you’re also offered the chance to create an individual profile. Both of these features, in addition to 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 a skilled trader, maybe the Pro tier could be for you!
Profit.ly’s Other Services
Apart from the training tools and the leadersboards Profit.ly provides a variety of more services it has to provide. One of them is the online store, which allows users to choose from a wide array of video products designed to inform and guide you through the ins and outs of trading. The products listed on this page of the site can be purchased immediately for personal use. Among these products include best-sellers such as”Trading Tickers,” the “Trading Tickers” series by trader professional Tim Grittani, Timothy Sykes’s library of DVDs and streaming-only content about short stocking, penny stocking, and other aspects of trading. There are also clips and clips of events like the Annual Pennystocking Conference, and products from other expert traders.
The integrated chat rooms are as well part of Profit.ly’s range of features and services. You may be familiar with the concept of chat rooms since you can find it throughout messaging and social platforms, in addition to a few special websites that provide live chat support. However, in Profit.ly the chat room is viewed as a real-time space where experts and their members trade and share knowledge in real-time. Every guru has their own way in running their chat rooms and dealing with the listed members there. One might be laid back and less engaged, while another could be more active and in touch to their pupils. Think of chatrooms as Profit.ly’s version of a forum, in essence.
Who is the Ideal Trader for Profit.ly?
Profit.ly’s diverse range of products and features cater to the wide range of stock traders, from beginners to experienced pros. Given the wide range of options it has to offer this platform definitely has something for everyone.
Newbies, for instance, will enjoy Profit.ly’s collection of educational materials available across the platform. In addition, they will get daily videos and chat room advice by its internal gurus and their members. They’ll also be able to choose from the items on its store online that they can take with them wherever they may go. You can also get hands-on experiences by trading through the platform, but ultimately, they will soon learn that the process is a risky game that shouldn’t be taken as a joke.
For the traders with decades of experience in the line, we see Profit.ly equally suited to them as people who are just beginning. While novice traders may not be as adept at dealing with trading issues but the experts already know how it works and the stack full of risks that it carries. In the ideal scenario, they can use Profit.ly’s array of features to their full advantage to improve their trading abilities. Like novices, they can learn from the top experts as well as experts, and take advantage of short tips and tricks throughout the process.
Profit.ly’s “all-in” approach isn’t limited to novices or semi-experienced trader. Certified experts can also take part in the fun! People in the trade industry who are at the same level as Superman as well as Tim Sykes can also use the power of Profit.ly’s abilities to show off their skills to others in order to guide them through the ever-illustrious trading process. How Much Does Tim The Tracker Make
Profit.ly’s Pros and Pros and
- Profit.ly’s diverse capabilities as a “one-stop’ platform for trading stocks allows traders across the globe with an abundance of knowledge communications, trading, and communication tools
- You’ll be provided with excellent lessons and tips from the in-house gurus, including collections of educational videos as well as trading in real-time.
- You’re guaranteed transparency throughout Profit.ly by using accurate data as well as fellow traders who are ready to reach you when something goes wrong.
- The leaderboard feature on the platform gives you the chance to establish your reputation as a reliable and authentic trader
- Apart from its main features, Profit.ly also gives its customers additional options to meet their preferences, such as posting unauthentic trades via images
- Profit.ly’s variety of subscription plans and guru packages are priced at affordable rates There’s something for all
- Profit.ly’s abundance of packages and products offered may be too much for a lot of its customers
- Since traders can choose to make any type of trade, there’s the possibility that some of them will profit by picking the most profitable trades to increase the rating this could be a problem that shouldn’t be overlooked.
- Profit.ly will not allow refunds, as its premium users will immediately take advantage of the numerous services the platform has to provide
The Final Verdict The Final Verdict: Is Profit.ly worth it?
If we were able to come up with the answer, it would be a ‘yes’. But it is important to realize that this platform shouldn’t be viewed as a get-rich-quick scheme. The platform was not always meant to be designed for this reason. Instead, it is best to keep curiosity. How Much Does Tim The Tracker Make
What we mean”yes” is that it is a fantastic learning tool. People who are stuck could find Profit.ly’s array of resources helpful when they try their best to incur lesser loss and perform better than they did before. It’s not only the poor traders that can profit from the platform. It can accommodate beginners and even experts!
If you truly want to become more successful in trading and would like to be taught by your mentors and peers throughout the process, then look no further – Profit.ly may be a great choice to start.
FAQ How Much Does Tim The Tracker Make
How do you use Profit.ly to make your trades public?
Profit.ly has an entry section for trades under the ‘My Trade’ category of the dashboard. It lets you record your trades, either verified or otherwise. There are three choices:
- Linking your account with your brokerage of choice and importing the trades from that directly
- Manually entering your trades into provided spaces and specifics
- Send a screen shot of your transactions
How can I tell whether the trade is authentic or not?
If you buy your trade from a reputable brokerage, there’s a high likelihood that it can be verified. This is indicated with the blue check mark. If you submit it in a manual way or by taking pictures, it will be assigned as unverified.
The downside of having an unauthentic trade is the risk of getting downvotes from your fellow peers. If you receive too many negative votes, it could result in you appearing in the Madoff leaderboard, where users can see who’s dishonest in posting 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 the Google Play store. The mobile version of the app is compatible with the majority of working smartphones and tablets.
How many people are currently connected to 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 left and right.