The stock market can be a high-stakes game. On some days, you could enjoy the benefits of positive and satisfactory numbers. However, on other days, the opposite may happen, and it may sometimes be extremely difficult to get back to where you were your peak. If you’re constantly stuck in the gutter it is important to realize that relying 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. Additionally, you’ll require an important boost from fellow traders from around the globe, which is why we’ve discovered a platform that can support you in your improvement in the industry. This review will take an in-depth look at Profit.ly, a well-recognized all-in-one 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.
Total Rating: 4.1/5 Profily By Tim 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 permits traders of various levels to be informed responsible, transparent, and uplifting with each other through its broad range of features and tools such as trade verification, chat rooms, and an enriched library of educational material.
What is Profit.ly?
Profit.ly is a site for trading that serves both as a training and learning platform for traders who are just beginning their journey as well as a place for traders with experience to keep track of their performance through the use of advanced analytics tools. Offering users a broad variety of tools for trade and communication, it helps traders from all walks of life network with one another. It also allows gurus to make an opportunity to invest in the right areas of this platform. Think of it as a social media site akin like Facebook and Reddit, but for traders and experts.
Profit.ly independently verifies trade performances and then publishes the information from them in the form of leaderboards. The trading platform is built on trust and transparency. it makes sure that trades are valid and won’t accept fake news as long as is humanly possible. It was created in the past by penny expert in stock trading and investment guru Timothy Sykes, along with the other expert Michael Mosseri.
In an appearance in Forbes magazine, Sykes stated that Profit.ly was driven by its focus “on showing the entire spectrum of trades, something which was never done before.” The idea, he added, served two goals: 1.) creating public track records for all traders, not just the gurus and students and newsletter writers and secondly) making it possible for anyone on the platform to gain insight into both the wins and losses to benefit the industry of trading. Profily By Tim Sykes
How Does It Perform?
Profit.ly follows a subscription-based model that lets stock traders gain access to a multitude of services and features geared at achieving the success of their business. You can create an account for free, but you’re only given the capability to browse the leaderboard and observe the activities of non-gurus. If you’re interested in investing your money and see which stocks the gurus are trading in real-time, you will need to subscribe to any of Profit.ly’s offers, which we will discuss in the near future.
Making an account simple: Create a profile with your experiences 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 leaderboard feature, as previously mentioned, is designed to give its users an insight into the performance of the trading community as well as its experts. You’re not just allowed to demonstrate your worth to a community of traders, as you can also use Profit.ly to buy with a guru, and have the assurance that you’re confident of their knowledge and the credibility of their claims.
If you feel uneasy with the concept of leaking your brokerage account, you can decide to share your trades, verified or not, by taking photographs. Also included in Profit.ly are a variety of courses in trading and the capability to see the stats of a trader’s account as well as other ways to communicate with your gurus in the chatroom, in addition to email and text alerts as well as updates.
> > Click Here to Check Out Profit.ly < <
Meet Tim Sykes, the founder: Tim Sykes
Timothy Sykes is a well-renowned day trading personality who is famously known for his efforts in trades in penny stocks. According to Investopedia Penny stock refers to a small-sized company’s shares that trade for just less than 5 cents per share. Penny stock trading can be seen as an opportunity for small businesses to transition to a market that is larger as they can access funds from the public. But don’t be mistaken – it’s also a high-risk game, which Sykes can surely tell because of his decades of expertise.
Beginning at the end of his time in the high schools, Tim Sykes has, since then, made more than $6 million in earnings during his long and successful career as trader. When he was 25 years old Sykes was given greater exposure and an even wider influence over time when he became part of the reality show “Wall Street Warriors.” Then, he took advantage of it to develop trading rooms, penny stock themes, and educational material aimed at those who are new to the trading field. He also helped establish Profit.ly as a place of transparency and for the community to lift each other up and compete against each other through the platform.
The Profit.ly Gurus
One of Profit.ly’s most appealing features is the vast array of education sources, trade alerts and other useful stuff offered by the in-house experts of the platform. These gurus refer to the experts in trading who have made significant amounts of profit from their collective years of expertise. Profily By Tim Sykes
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 prominent gurus included Connor Bruggermann, Nathan Michaud of Investors Underground, and Triforce as well as a handful of 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 the packages each guru has to offer.
From Tim Sykes Tim Sykes: Tim’s Alerts
Sykes provides an essential stock trading service that focuses on penny-priced day trading with Tim’s Alerts. At $74.95 per month, you will observe him focus on basic stock catalysts and employ them to anticipate the next possible moves in trading.
A standalone purchase from Tim’s Alerts will get you access to the chatroom, as well as the mobile app that’s available to iOS as well as Android devices, as well as email, text 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 for a month this is an ideal plan for investors who are committed to investing in penny stocks. Pennystocking Silver offers all the essential features found in prior plans, such as alerts for swing trading and access to a rich library of more than 7,000 instructional videos that are updated weekly.
> > Click Here to Check Out Profit.ly < <
The following video is from “Superman” Paul Scolardi: Superman Alerts
Scolardi who is known under the alias “Superman,” is a professional in swing trading with an eye for both tiny-cap massive stocks as well as wildly accurate marketing forecasts. In the time since the time he started trading, Superman has amassed over $5.5 million in total trading earnings. Profily By Tim Sykes
The Superman Alerts package is his offer of the most essential features and trading alerts geared to those interested. For just $147 per month, you’ll have access daily premarket stock watchlist as well as the mobile app, daily market commentary shown in real time, and E-mail and SMS alerts.
The film “Superman” Paul Scolardi: Superman Pro
For the price of $247, you receive additional features, plus access to an extensive base of knowledge that is provided by Superman himself via Superman Pro. Superman Pro package. Alongside the standard features that are included in the Alerts plan, Superman Pro gives you weekly video lessons, including the growing collection of the previous ones. In addition you’ll also gain access to premium research reports and the IPO and earnings tracker.
Profit.ly Plans and Costs
If you’re looking to join the online trading community and make a mark on the market, Profit.ly has the right amount of resources to get you up and running. Profit.ly offers three membership tiers, each designed for traders of different levels. Let’s look at what the three tiers are and how much they will cost you.
Novice Plan
This package for novices is Profit.ly’s entry-level plan designed especially for those who are new to the trading community. Once you have signed to this plan, you will be immediately provided with a variety of powerful and indispensable trading tools, each of which is essential to keep your hands on what we call a competitive procedure in its own.
Among the list of things you can accomplish with Profit.ly’s Novice package include the capability to check trades and track profits as well as leading, following and even texting your fellow traders; and providing feedback on trades today. You can also get on leaderboards, analyze, sort, and filter your trades; and, finally, see other’s stats.
The Novice plan will cost $29.95 per monthly payment. While it may look attractive just by the price, there is a downside. You can’t create a private account, making your activities publicly available. If you do want to have the benefit of this service, be watching for us to introduce to you Profit.ly’s next plan.
Trader Plan
The Trader package allows you to take advantage of many of the features of The Novice package. This plan allows that you are able to create an individual profile that allows you to share with fellow associate users all the insights and information you have gained from trader’s community.
The price is $49.95/month, Profit.ly’s Trader plan is exactly what it says: Cater for those looking to improve their trading skills. As nice as it seems, there is one significant element that’s missing. As opposed to the prior Novice package, this one won’t be able to view other traders’ statistics this could be a disadvantage for those who are eager to try this new tier. Profily By Tim Sykes
Pro Plan
The Pro plan is the highest premium package that Profit.ly could offer for seasoned traders. At $74.95 monthly, and 22% off for annual billing the Pro plan has it all. You get full, no-holds-barred access to all the options of the previous plans combined.
You’re not only able to look at other people’s statistics, but you’re also given the option of creating an individual profile. These two features are on top of all the advantages that you can utilize to the maximum extent. If you’re looking for an account that will give 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 trainer tools and leadersboards Profit.ly has a few more services it has to provide. One of those is its online store, which allows users to select from a variety of video products created to guide you through the ins and outs of trading. All of the products featured in this section of the site can be immediately purchased for personal use. These include best-selling products such as”Trading Tickers,” the “Trading Tickers” series by trader professional Tim Grittani, Timothy Sykes’s collection of DVDs, streaming-only content about short stocking, penny stocking, as well as all related to trading, videos and clips of events like the Annual Pennystocking Conference, and other products by expert traders.
> > Click Here to Check Out Profit.ly < <
The chat rooms that are integrated are also part of Profit.ly’s range of services and features. You’re probably familiar with the chat room as you can find it throughout social and messaging platforms, in addition to a few special websites that offer live chat assistance. However, in Profit.ly it’s seen as a real-time area where experts and members trade and learn in real time. Every guru has their own style when it comes to running their chat room and in dealing with the members. One might be a laid-back person who is not very often active, while another might be more online and communicative to their pupils. Think of the chat rooms like Profit.ly’s version of the forum, in essence.
Who is the best Trader for Profit.ly?
Profit.ly’s variety of offerings and features cater to the wide range of stock traders, from novices to experienced professionals. Considering the number of offers it can provide this platform definitely has something for every person.
Newbies, for instance, will enjoy Profit.ly’s library of learning materials available across the platform. In addition, they will be provided with videos every week and chat room advice from its in-house gurus and their members. Additionally, they can pick from the merchandise available on its store online for them to take wherever they go. They can also gain hands-on experiences from trading within the platform, but ultimately they’ll be able to realize that the process is a high-stakes game that shouldn’t be treated as an amusing pastime.
For the traders with decades of experience in the line, we see Profit.ly as equally as suitable for them as it is for the newcomers. While novice traders may not be as well-equipped with dealing with trading issues, the pros already understand how it works along with the stack full of risks associated with it. It is ideal to make use of Profit.ly’s range of options to their maximum advantage to improve their trading abilities. As beginners, they are able to learn from the experts as well as experts, and take advantage of quick tips and tidbits to help them along.
Profit.ly’s “all-inclusive” nature isn’t limited to novices as well as semi-seasoned traders. Experts who have been verified can also participate in the excitement! Those in the trading industry who are at similar levels to Superman and Tim Sykes can also use the power of Profit.ly’s abilities to show off their skill to others as a way to help assist them in the ever-changing trading process. Profily By Tim Sykes
Profit.ly’s Pros and Pros and
The Pros
- Profit.ly’s numerous capabilities as a ‘one-stop’ stock trading platform allows traders from all over the world with a wealth of education, communication, and trading tools
- You get to receive excellent training and insights from its internal experts, which include libraries of educational videos and trading in real-time.
- You’re guaranteed transparency throughout Profit.ly by using accurate data as well as other traders who are ready to reach you when something goes wrong.
- The platform’s leaderboard feature gives you a way to build your credibility as a trustworthy and dependable trader
- Apart from its main abilities, Profit.ly also gives its customers extra options that can be tailored to their preferences, such as posting unverifiable trades through images
- Profit.ly’s wide array of subscription levels and guru packages are priced at affordable rates There is truly something for everyone
The Cons
- Profit.ly’s bountiful stream of packages and products offered may seem overwhelming for most of its customers
- If traders decide to make any type of trade, there is the possibility that some of them will profit by cherry-picking the best trades to increase the rating This could be a problem that shouldn’t be ignored.
- Profit.ly does not offer refunds, as its premium users will immediately take advantage of the numerous services that the platform can provide
> > Click Here to Check Out Profit.ly < <
The Final Concluding Question The Final Verdict: Is Profit.ly worth it?
If we could think of an answer to this question, it would be yes. But it is important to realize that this platform shouldn’t be viewed as a scheme to get rich quick. It wasn’t meant to be designed to achieve this goal. Instead, you should have curiosity. Profily By Tim Sykes
What we mean”yes” is it can be a great learning tool. People who are stuck may be able to find Profit.ly’s array of resources useful in their efforts to reduce losses and perform better than they did before. It’s not only the struggling traders that will benefit from the platform. It can accommodate beginners and even experts!
If you truly want to become better at trading and wish to be taught by your mentors and peers throughout the process, then look no further – Profit.ly could be a good option to begin.
FAQ Profily By Tim Sykes
How do you use Profit.ly to publish your trades?
Profit.ly includes a trade entry portion under the “My Trade’ category of the dashboard. It lets you post your trades that are verified or otherwise. There are 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 transactions
How can I tell whether the trade can be verified or not?
If you import your trade from a trusted brokerage, there’s a high chance that it is verifiable. This is evident by the small blue check. If you submit it manually or through screenshots, it will automatically be classified as unverified.
The drawback of posting an unauthentic trade is the chance of getting downvotes from your fellow peers. If you receive too many negative votes, it could result in you appearing at the top of the Madoff leaderboard, where users are able to identify who is fraudulent in posting trades.
Does the Profit.ly mobile application still available?
As of this writing, Profit.ly is still available to download via the App Store for Apple and in the Google Play store. The mobile app version is compatible with the majority of operating tablets and smartphones.
How many people are currently on Profit.ly?
Profit.ly currently houses over 150,000 investors and traders since they’re not just looking to earn maximum profits but also help each other grow and learn more about acquiring opportunities on the stock market all over the world.
