The stock market can be an exciting game with high stakes. On certain days, you may be reaping the benefits of pleasing and positive numbers. However, on other days you may experience the opposite, and it may sometimes be extremely difficult to get back to the point you were at your peak. If you are immersed in the water, you will have be aware that relying solely on your instincts and preserving is not always enough.
If you’ve experienced loss from time to time and you’re likely to require sound advice from tried-and-tested trading experts. You’re also gonna need an enormous boost from your trading partners from all over the world, which is why we’ve identified an option that can help you in your improvement in the industry. This review will 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. To get a comprehensive overview of Profit.ly, you may still want to check out our article below.
Total Rating: 4.1/5 Mark Timothy Sykes
Value: 4.1/5
Quality: 4.1/5
Costs: 4.1/5
The User’s Experience 4.5/5
Summary
Profit.ly can be described as an online platform for trading that enables traders of various levels to be informed responsible, transparent, and encouraging each other through its broad range of features and tools such as chat rooms, trade verification and a rich library of educational content.
What is Profit.ly?
Profit.ly is a trading site which serves as a training and learning platform for people who are just beginning their journey as well as a place for traders with experience to keep track of their performance using the aid of advanced analytics tools. It provides users with a vast variety of tools for communication and trade, it helps traders from all walks of life network with one another. It also allows gurus to make worthwhile investments within the confines of the platform. Think of it as the social media equivalent to Facebook and Reddit however it is geared towards professionals and traders.
Profit.ly independently checks the performance of trades and then publishes the information from them in the style of leaderboards. The trading platform is built on transparency and honesty: it makes sure that trades are authentic and won’t allow for fraud as much as it is 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 his appearance in Forbes magazine Sykes said that Profit.ly was based “on showing all trades, something that was never previously done.” The idea was, he said, serving two goals: 1.) keeping track of public data for all traders, not just the gurus as well as newsletter writers and students as well as) making it possible for anyone on the platform to gain insight into both losses and wins to the benefit of the trading industry. Mark Timothy Sykes
How Does It How Does It
Profit.ly is a subscription-based platform that lets stock traders gain access to a multitude of tools and services that are geared towards achieving achievement. It is possible to create an account there at no cost, however you’re only limited to having the ability to navigate through the leaderboards and monitor the activities of people who aren’t gurus. If you’re ready to invest your money in order to find out what stocks the experts are trading in real-time You’ll need to join one of Profit.ly’s offers, which we will review in the coming days.
Making an account simple: Create an account that includes your personal information and expertise, connect your brokerage account, and you’ll have an opportunity to make through high on the leaderboard. Profit.ly’s Leaderboard function, which was we’ve mentioned earlier it is designed to provide its users an insight into how the community of traders performs and its gurus. It’s not just a way to prove value to a community of traders, but you can also use Profit.ly to buy from a guru with the assurance that you’re comfortable in their skills and the credibility of their assertions.
If you’re not comfortable with the concept of leaking your brokerage account, then you could decide to share your trades, whether verified or otherwise, through screenshots. Included in Profit.ly is the huge selection of trading classes as well as the ability to look at stats in a trader’s profile and other methods to interact with your experts via chatrooms as well as text and e-mail alerts and updates.
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Meet Tim Sykes, the founder: Tim Sykes
Timothy Sykes is a well-renowned day trader who has been famously known for his involvement in penny stock trading. According to Investopedia the term “penny stock” is a small business’s stock which trades at under $5 for each share. The penny stock market is an avenue for small-scale businesses to make the transition into a larger market because it gives them access to capital from the public. But don’t be mistaken – it’s also an extremely risky game, as Sykes is sure to reveal because of his decades of expertise.
Since his initial beginnings in the latter years of the high schools, Tim Sykes has, since then, earned over $6 million of profit throughout his illustrious career as a trader. At 25 years old, he had been given greater exposure and a larger impact when he was a part of the reality series “Wall Street Warriors.” He used the opportunity to create trading rooms and penny stock themes and educational material aimed at those who are new to trading. He also helped to establish Profit.ly as a place of openness, and to allow the community to rise and compete with each other on the platform.
The Profit.ly Gurus
One of Profit.ly’s most appealing features is the vast array of learning sources, trade alerts and other useful stuff offered by the in-house experts of the platform. The gurus in question refer to the experts in trading who have proven to make substantial profits through their years of experience. Mark Timothy Sykes
At its height, Profit.ly had housed up to five gurus, all of them a pro in their niche in the field of trading. Some of the most famous experts were Connor Bruggermann, Nathan Michaud of Investors Underground, and Triforce, among a few others. As of this 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. When we take that into account we’ll take a look at what packaged deals each guru can offer.
From Tim Sykes Tim Sykes
Sykes provides a basic stock trading service that focuses on penny-priced day trading with Tim’s Alerts. Costing $74.95 for a month you’ll be able to see him focus on the fundamental catalysts for stocks and utilize them to predict the next possible moves in making trades.
A purchase on its own from Tim’s Alerts will get you access to the chatroom and the mobile app available to iOS and Android devices, as well as texts, emails and push alerts; and a daily stock watchlist.
Tim Sykes: From Tim Sykes: The Pennystocking Silver Package
Pennystocking Silver is the highest-quality, upgraded version of the Tim’s Alerts program. At $149.95 per month, it is an ideal plan for investors who are invested in investing in penny stocks. Pennystocking Silver includes all the basic features that were included in prior plans, including alerts for swing trading and access to a library of over 7,000 educational videos that are updated each week.
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The following video is from “Superman” Paul Scolardi: Superman Alerts
Scolardi who goes under the name “Superman,” is a trader who has an eye for both tiny-cap massive stocks as well as wildly accurate marketing forecasts. Through the years since when he first started trading, Superman has amassed over $5.5 million in all-time trading profits. Mark Timothy Sykes
The Superman Alerts package is his offering of essential features and trading alerts geared toward those who may be interested. For just $147 per month, you’ll have an access to the day-to-day stock watchlist that is premarket along with the mobile application, daily market commentary shown in real-time, as well as email and SMS alerts.
From “Superman” Paul Scolardi: Superman Pro
For $247 per month, you can enjoy additional features, plus access to an extensive base of knowledge provided by Superman himself, via his Superman Pro package. On top of the essentials included in the Alerts plan, Superman Pro gives you daily video lessons, which include a growing library of all the previous ones. In addition you’ll also have an access to high-quality research papers as well as an IPO as well as earnings tracking tool.
Profit.ly plans and costs
If you’re eager to join the online trading community and make a mark on the market, Profit.ly has the right amount of resources to help you up and running. The platform offers three membership tiers that are designed to accommodate traders with different levels. Let’s take a look at what these three 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 new to the trading world. When you sign up for this plan, you will be immediately offered a range of strong and vital trading tools, all of them integral in keeping your fingers on what we can describe as a cutthroat process in and of itself.
The list of features you can do using Profit.ly’s Novice program is the ability to verify trades and track profits and follow-up, leading and even chatting with other traders; and leaving feedback on today’s trades. You can also get on leaderboards; analyze the results of your analysis, sort, or filter the trades you make; and lastly, look at other people’s statistics.
The Novice plan costs $29.95 per month. While it may look attractive for the price alone, there is a downside. You aren’t able to create a personal profile, thus making your personal information public. If you’re interested in get the benefit of this service, keep an eye on us as we present to you Profit.ly’s new plan.
Trader Plan
The Trader package allows you to take advantage of a majority of features from the novice plan. It is in this plan that you can set up an individual profile that allows you to share with fellow associate users all your knowledge and intel in this trading group.
The price is $49.95/month, Profit.ly’s Trader plan will do what the name implies caters for those looking to harness their expertise in trading. While it’s nice but there’s one important element that’s missing. As opposed to the prior Novice package, this one won’t be able to see the statistics of other traders this might be a drawback for those looking forward to this tier. Mark Timothy Sykes
Pro Plan
This is by far the most premium package that Profit.ly could offer for seasoned traders. At $74.95 monthly, with a 22% discount for annual billing This plan offers it all. You get full, no-holds-barred access to all the features from the two previous plans.
You’re not only able to see other users’ stats, but you’re also given the opportunity to create a private profile. These two features are in addition to the benefits that you can use to their fullest capacity. If you’re looking for an option that gives you everything you need as an experienced trader, the Pro level is ideal for you!
Profit.ly’s Other Services
Apart from the training tools and the Leaderboards Profit.ly has a few more services it has to provide. One of these is its online store, where customers can select from a variety of video products created to guide you through the nuances and pitfalls of trading. All of the products featured on this page of the website can be immediately purchased for personal use. Among these products include best-sellers like”Trading Tickers, “Trading Tickers” series by trading professional Tim Grittani, Timothy Sykes’s library of DVDs and streaming-only content on penny stocking, short stocking, and all other aspects of trading. There are also clips and scenes of The Annual Pennystocking Conference, and other products by expert traders.
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Chat rooms integrated into Profit.ly are included in Profit.ly’s variety of features and services. You may be familiar with the concept of the chat room since you can find it throughout messaging and social platforms, and also on a few specialty websites that provide live chat assistance. But on Profit.ly it’s seen as a real-time area where experts and members trade and share knowledge in real-time. Every guru has their own style when it comes to running their chat room and dealing with the members there. One might be laid back and less engaged, while another could be more interactive and online with their students. Think of chatrooms as Profit.ly’s version of a forum, in its essence.
Who is the ideal trader to Profit.ly?
Profit.ly’s diverse range of products and features are geared towards a large variety of stock trader types, from novices to experienced professionals. Given the wide range of options it has to offer it is certain to have something for every person.
Beginners, for instance, can take advantage of Profit.ly’s knowledge-based information available on the platform. Not only will they 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 on its store online that they can take with them wherever they go. Additionally, they can gain practical experiences by trading through the platform, however they’ll be able to realize that the process is a risky game that should not be viewed as an amusing pastime.
For the traders with decades of experience in the line, we believe Profit.ly equally suited to people who are just beginning. While the newbies may not be as proficient in managing trading but the experts already know how it works along with the plethora of risks associated with it. Ideally, they may make use of Profit.ly’s variety of features to their full advantage to improve their trading abilities. Like beginners, they can learn from the experts and experts and utilize those short tips and tricks to help them along.
Profit.ly’s ‘all-together’ nature doesn’t just apply to newbies or semi-experienced trader. Certified experts can also take part in the fun! Trade professionals who are on an equal level with Superman and Tim Sykes can also use up Profit.ly’s abilities to show off their expertise to other traders in order to assist them in the ever-changing trading process. Mark Timothy Sykes
Profit.ly’s Pros and Pros and
The Pros
- Profit.ly’s many capabilities as a “one-stop’ platform for trading stocks allows traders across the globe with tons of learning, communication, and trading tools
- You’ll be taught by experts and advice from the company’s inside experts, as well as libraries of educational videos and real-time trading activities
- You can be sure of complete transparency through Profit.ly with accurate analytics and fellow traders who are ready to reach you when something goes wrong.
- The leaderboard feature on the platform gives you the opportunity to increase your reputation as a reliable and verifiable trader
- Apart from its main features, Profit.ly also gives its customers additional options to meet their individual preferences, for instance, posting unauthentic trades via photographs
- Profit.ly’s wide array 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 services offered could be too much for most of its users
- If traders decide to open any kind of trade, there’s the possibility that some of them could profit from selecting the best trades in order to improve their ratings This could be a concern that should not be ignored.
- Profit.ly does not accept refunds as the premium customers are expected to immediately benefit from the many features the platform is able to offer
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The Final Concluding Question: Is Profit.ly Valued?
If we were able to come up with an answer to this question, it’s an affirmative “yes”. But it is important to realize that it shouldn’t be treated as a scheme to get rich quick. It wasn’t intended to be created to achieve this goal. Instead, you need to have the ability to think with an open heart. Mark Timothy Sykes
What we are referring to”yes” is that it could be a useful learning tool. For those who are struggling, they may discover Profit.ly’s array of resources helpful when they try their best to incur lesser loss and perform better than before. It’s not only the struggling traders that will benefit from the platform. It can accommodate beginners and even experts in the field!
So, if you genuinely desire to be more successful in trading and would like to learn from your mentors and peers throughout the process, then look no further – Profit.ly may be a great choice to start.
FAQ Mark Timothy Sykes
How do you use Profit.ly to make your trades public?
Profit.ly has an entry section for trades within the “My Trade category on the dashboard that allows you to post your trades, verifiable or not. You may choose between three choices:
- Connecting your account to your brokerage of choice and then importing trades directly from there
- Manually entering your trades using the spaces provided and details
- Take a photo of your trades
How do I know if the trade is verifiable or not?
If you purchase your trade through a reliable brokerage, there is a high chance that it is verifiable. This is indicated with the blue check mark. If you post the information manually or via pictures, it will be classified as unverified.
The drawback of posting an unauthenticated trade is the chance of receiving negative feedback from fellow peers. If you receive too many negative votes, it could result in you appearing in the Madoff leaderboard, where users are able to identify who is untruthful in submitting trades.
Does the Profit.ly mobile app still in use?
At the time of writing, Profit.ly is still available to download via the App Store for Apple and in the Google Play store. The mobile app version works with all functioning tablets and smartphones.
How many people are currently on Profit.ly?
Profit.ly currently houses more than 150,000 investors and traders, since they’re not just trying to maximize profits but also assist each other to develop and grow in their ability to take advantage of opportunities on the stock market left and right.
