Stock trading can be an extremely risky game. Some days, you could have the benefit of pleasing and positive numbers. On other days, the opposite may happen, and it may sometimes be extremely difficult to return to the point you were at your best. If you’re constantly stuck in the gutter, you will have be aware that relying solely on your instincts and preserving may not always be enough.
If you’ve suffered occasional losses You’ll need sound advice from tried-and-tested trading experts. Also, you’ll need a significant boost from your fellow traders from around the globe. That’s why we’ve discovered a platform that can support you in your growth in the industry. This review will take an in-depth look at Profit.ly, a well-recognized 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 Order To Watch Timothy Sykes Videos
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 allows traders of different levels to be informative and accountable, as well as transparent and uplifting with each other through its broad variety of tools and features like trade verification, chat rooms, and an enriched library of educational content.
What is Profit.ly?
Profit.ly is a trading site which serves as a training and learning platform for those new to trading and as a hub for traders who are experienced to monitor their performance through the use of advanced analytics tools. It provides users with a vast range of resources to facilitate trade and communication and letting traders from every field of business connect with one another. It gives the gurus an opportunity to invest in the right areas that the site. Think of it as the social media equivalent like Facebook and Reddit, but for traders and experts.
Profit.ly independently checks the performance of trades and publishes all data of them in the manner of leaderboards. The platform for trading is built on transparency and honesty: it ensures that the transactions are legitimate and will not tolerate inauthenticity as much as possible. It was established in the past by penny expert in stock trading and investment expert Timothy Sykes, along with the other expert Michael Mosseri.
One time during his interview with Forbes publication, Sykes stated that Profit.ly was driven by its focus “on the transparency of all trades, something that has never been prior to.” The idea Sykes said served two goals: 1.) creating public track records for not just the gurus and newsletter writers and students, and 2) giving anyone on the platform to be enlightened by the losses and wins to the benefit of the trading industry. Order To Watch Timothy Sykes Videos
How Does It How Does It
Profit.ly is a subscription-based platform which allows stock traders to have access to a range of tools and services that are geared toward the success of their business. It is possible to create an account on the site for free, but you’re limited to the capability to browse the leaderboard and follow the activities of non-gurus. If you’re looking to invest 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 that we’ll discuss in the near future.
The process of opening an account is easy: create an account with your experience and skills, join your brokerage account, and you’ll have a chance to shoot through high on the leaderboard. Profit.ly’s Leaderboard function, which was previously mentioned it is designed to provide its users a glimpse of how the community of traders performs as well as its gurus. You’re not just allowed to show value to a community of traders. You can also use Profit.ly to purchase from a guru with the assurance that you’re comfortable with their expertise and the veracity of their assertions.
If you are unsure about the idea of divulging information about your account with a brokerage, you can opt to post your trades, either verified or otherwise, through pictures. Also included in Profit.ly are the vast number of trading classes and the capability to see stats in a trader’s profile, and more ways to communicate with your gurus through the chatroom as well as 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 personality who has been famously known for delving his hands into the penny-stock market. According to Investopedia, a penny stock refers to a small company’s stock which trades at just less than 5 cents per share. The trading of penny stocks could be viewed as a stepping stone for small businesses to transition to a large marketplace as they can access capital from the public. But don’t make the mistake of thinking that 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 more than $6 million in profit through his lengthy career as trading professional. When he was 25 years old, he had been given greater exposure and an even wider impact as a participant in the reality show “Wall Street Warriors.” Then, he used the opportunity to establish trading rooms as well as penny stock themes and educational material aimed at those who are new to trading. He also played a role in establishing Profit.ly as a place for transparency, and for the community to lift each other up and compete with each other on the platform.
The Profit.ly Gurus
One of Profit.ly’s amazing features is the wide range of education resources, trade alerts, as well as other useful information provided by the platform’s in-house gurus. Gurus are referred to experts in the field of trading who have proven to make substantial profits through their years of experience. Order To Watch Timothy Sykes Videos
At its height, Profit.ly had housed up to five gurus, all of them a professional in their field of expertise within the world of trading. Some of the most famous experts 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 of the penny stock market Tim Sykes and veteran smallcap swing trader Paul Scolardi, also known as Superman. When we take that into account Let’s look at what packaged deals each guru can offer.
From Tim Sykes Tim Sykes
Sykes provides an essential stock trading service with the main priority being 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 predict the next move that is possible when trading.
A single purchase in Tim’s Alerts will get you access to the chatroom as well as the mobile app available for iOS and Android devices, texts, emails and push alerts; and a daily stock watchlist.
from Tim Sykes: The Pennystocking Silver Package
Pennystocking Silver is the most premium version that has been upgraded of the Tim’s Alerts program. Priced at $149.95 per month, it is the perfect plan for those who are committed to penny stock trading. Pennystocking Silver comes with all the standard features found in the previous plan, including alerts for swing trading and access to an extensive library of more than 7,000 instructional videos, with new ones released weekly.
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In “Superman” Paul Scolardi: Superman Alerts
Scolardi who is known under the name “Superman,” is a professional in swing trading with an eye for both small-cap monumental stocks and crazy-accurate marketing forecasts. Since when he first started trading, Superman has amassed over $5.5 million in all-time trading earnings. Order To Watch Timothy Sykes Videos
The Superman Alerts plan is his offer of the most essential features and trading alerts targeted 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, daily market commentary shown in real-time, as well as SMS and e-mail alerts.
From “Superman” Paul Scolardi: Superman Pro
For $247 per month, you can enjoy additional features, as well as access to the extensive knowledge base that is provided by Superman himself through the Superman Pro package. On top of the essentials featured in the Alerts package, Superman Pro gives you weekly video lessons, including an ever-growing library of other previous ones. Additionally, you’ll also get access to premium research reports as well as the IPO and earnings tracker.
Profit.ly plans and costs
If you’re ready to join the online trading community and make a mark on the field, Profit.ly has the right amount of resources to help you up and running. Profit.ly offers three membership levels, each designed for traders with different levels. Let’s look at what the three levels are and what they will cost you.
Novice Plan
The package called Novice is Profit.ly’s entry-level plan designed especially for those who are just beginning their journey to the world of trading. When you sign up for this package you’ll be offered a range of strong and vital trading tools, all of which is essential to keep your hands on what we can describe as a cutthroat process by itself.
Among the list of things you can do with Profit.ly’s Novice package is the ability to verify the results of your trades and track profit as well as leading, following and even chatting with your fellow traders, as well as providing feedback on trades today. It also allows you to be on leaderboards; analyze your trades, sort as well as filter trades; and, lastly, view other’s stats.
The Novice plan costs $29.95 per monthly payment. While it may look attractive for the price alone however, there’s a drawback. You aren’t able to create a personal account, making your activities publicly available. If you’re looking to have an account with this option, you should stay tuned as we introduce to you Profit.ly’s new plan.
Trader Plan
The Trader package allows you to take advantage of the majority of features available in The Novice package. In this plan, that you are able to create an individual profile that allows you to share with fellow associate users all the insights and intel in this trading group.
Costing $49.95/month, Profit.ly’s Trader plan will do what the name implies catering to those who desire to harness their expertise in trading. As nice as it seems, there is one significant feature that is missing. In contrast to the Novice package, you will not be able to see other traders’ stats this might be a drawback for those who are eager to try this new tier. Order To Watch Timothy Sykes Videos
Pro Plan
The Professional plan can be described as the most premium package that Profit.ly can offer to experienced traders. With $74.95 each month which includes an additional 22% discount when billed annually, this tier has everything. It gives you full, unlimited access to all features of the prior plans.
Not only do you get to see other users’ stats and data, but you also have the option of creating your own private profile. These two features are plus the other benefits that you can use to their fullest capacity. If you’re looking for an account that will give you everything you need as a skilled trader, maybe the Pro level is ideal for you!
Profit.ly’s Other Services
In addition to the tools for training and leadersboards Profit.ly has a few more services it has to provide. One of them is the online store, where customers can select from a variety of instructional videos that are created to help you understand the nuances and pitfalls of trading. Each of the offerings listed in this section of the site can be purchased immediately for personal use. Among these products include best-sellers like the “Trading Tickers” series by trading expert Tim Grittani, Timothy Sykes’s library of DVDs and streaming-only content about short stocking, penny stocking, as well as all aspects of trading. There are also clips and clips from the Annual Pennystocking Conference, and products from other expert traders.
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The chat rooms that are integrated are included in Profit.ly’s variety of features and services. You may be familiar with chat rooms since you can see it across social and messaging platforms, and also on a few specialty websites that provide live chat assistance. However, in Profit.ly it’s seen as a space where experts and their member traders can communicate and exchange knowledge in real-time. Every guru has their own way when it comes to running their chat room and dealing with the listed members. Some may be more laid back and rarely engaged, while another could be more online and communicative with their students. Think of chatrooms as Profit.ly’s version of the forum in the essence.
Who is the ideal trader to Profit.ly?
Profit.ly’s wide range of products and features caters to a large variety of stock trader types, from novices to the most experienced. Considering the number of offers it offers, the platform surely has something for all.
Newbies, 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 by its internal gurus and members. They’ll also be able to pick from the merchandise available from its online store for them to take wherever they may be. They can also gain hands-on experiences from trading within the platform, however, they will soon learn that this is a high-stakes game that should not be viewed as an opportunity to make fun of.
For those traders who have had years of exposure down the line, we believe Profit.ly equally suitable to them as those who are just starting. While novice traders may not be as well-equipped with managing trading, the pros already understand the way it functions and the stack full of risks that come with it. In the ideal scenario, they can utilize Profit.ly’s range of features to their full advantage to enhance their trading skills. As beginners, they are able to learn from the experts and experts , and use those quick tips and tidbits throughout the process.
Profit.ly’s “all-in” approach doesn’t just apply to newbies and semi-experienced traders. Experts who have been verified can also participate in the excitement! Those in the trading industry who are at similar levels to Superman as well as Tim Sykes can also use Profit.ly’s capabilities. Profit.ly’s capabilities to showcase their expertise to other traders as a way to help guide them through the ever-illustrious trading process. Order To Watch Timothy Sykes Videos
Profit.ly’s Pros and Cons
The Pros
- Profit.ly’s many capabilities as a ‘one-stop’ stock trading platform enable it to provide traders everywhere with a wealth of education, communication, and trading tools
- You get to be taught by experts and tips from the in-house gurus, including collections of educational videos as well as trading in real-time.
- You’re assured of transparency throughout Profit.ly with precise analytics and fellow traders ready to call you out whenever something happens
- The leaderboard feature of the platform offers you the chance to establish your credibility as a trustworthy and authentic trader
- Apart from its core abilities, Profit.ly also gives its users extra options to suit their preferences, such as posting unauthentic trades via screenshots
- Profit.ly’s variety of packages and subscription levels are priced at a reasonable cost There is truly something for all
The Cons
- Profit.ly’s bountiful stream of packages and products offered may be too much for a lot of its customers
- If traders decide to make any type of trade, there is an opportunity that some them could profit from cherry-picking the best trades to improve their ratings this could be a problem that shouldn’t be simply overlooked
- Profit.ly does not offer refunds because the premium customers are expected to immediately take advantage of the numerous services that the platform can offer
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The Final Verdict is: Is Profit.ly Valued?
If we were able to come up with an appropriate answer for this query, it’s an affirmative “yes”. But it is important to realize that this platform shouldn’t be viewed as a get-rich-quick scheme. The platform wasn’t originally meant to be designed for this reason. Instead, you should have an open mind. Order To Watch Timothy Sykes Videos
What we mean”yes” is it could be a useful learning tool. For those who are struggling, they may discover Profit.ly’s variety of resources useful when they try their best to avoid losses and perform better than they did before. It’s not only the struggling traders who will benefit from this platform. It is able to accommodate novices and even experts in the field!
If you really desire to be a better trader and want to be taught by your mentors and peers along the way, then you should look no further than Profit.ly. Profit.ly is a fantastic option to begin.
FAQ Order To Watch Timothy Sykes Videos
How can you make use of Profit.ly to post your trades?
Profit.ly has an entry section for trades under the ‘My Trade category on the dashboard that lets you record your trades that are verified or otherwise. You may choose between three options:
- Linking your account with your broker of choice and import trades directly from there
- Manually entering your trades into provided spaces and specifics
- Upload a screenshot of your trades
What can I do to determine whether the trade is authentic or not?
If you buy your trade from a trusted brokerage, there’s an excellent probability that it’s verifiable. This is evident by the small blue check. If you submit it manually or through pictures, it will be classified as unverified.
The drawback of posting an unauthentic trade is the chance of receiving downvotes from fellow peers. If you receive too many negative votes, it could cause you to be listed at the top of the Madoff leaderboard, which is where the public are able to identify who is untruthful in submitting trades.
Is the Profit.ly mobile app still available?
At the time of writing, Profit.ly is still available to download via the App Store for Apple and on the Google Play store. The mobile app version is compatible with most functioning tablets and smartphones.
How many people are currently using Profit.ly?
Profit.ly currently houses more than 150,000 traders and investors, because they are not just seeking to make the most profit but also help each other grow and learn more about acquiring opportunities on the stock market both right and left.
