Stock trading can be a high-stakes game. Some days, you might have the benefit of pleasing and positive numbers. On other days, the opposite may happen, and it may sometimes be very difficult to get back to where you were at your best. If you’re always in the mud You will need to realize that relying on your instincts and preserving is not always enough.
If you’ve experienced occasional losses You’ll need sound advice from tried-and-tested trading experts. Also, you’ll need an enormous boost from your colleagues in the market from all over the globe. That’s why we’ve discovered an online platform that will help you in your improvement in the market. This review will be taking the time to 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. Do check out our article below, however, because it has a comprehensive overview of Profit.ly.
Total Rating: 4.1/5 Profitly Tim Syes
Value: 4.1/5
Quality: 4.1/5
Costs: 4.1/5
Users Experience 4.5/5
Summary
Profit.ly offers an internet-based trading service that allows traders of all levels to be informative responsible, transparent, and to build relationships with each other through its broad array of tools and features such as chat rooms, trade verification, and an enriched library of educational content.
What exactly is Profit.ly?
Profit.ly is a trading website that functions as a training and learning platform for traders new to trading and as a hub for experienced traders to track their performance through the use of sophisticated analytics tools. Offering users a broad range of resources for trade and communication and letting traders from all walks of life connect with one another. It gives the gurus worthy investments within the boundaries of this platform. Imagine it as a social media site akin to Facebook and Reddit, but for experts and traders.
Profit.ly independently checks the performance of trades and then publishes the information from them in the style of leaderboards. The platform for trading is built on honesty and transparency: it guarantees that the trades are valid and won’t accept fake news as long as is humanly possible. It was founded in the past by penny stock trade expert and investment guru Timothy Sykes, along with fellow expert Michael Mosseri.
One time during his interview with Forbes magazine, Sykes said that Profit.ly was motivated by its focus “on the transparency of the entire spectrum of trades, something which was never done before.” The idea was, he said, serving two purposes: 1) creating public track records for not just the gurus, but also the newsletter authors and students as well as) giving all users to learn from both the wins and losses for the trading industry’s benefit. Profitly Tim Syes
How Does It How Does It
Profit.ly follows a subscription-based model which allows stock traders to have access to a range of features and services aimed at achieving achievement. 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 to see what stocks the experts are trading in real-time, you will need to subscribe to any of Profit.ly’s offerings that we’ll review in the coming days.
Setting up an account is easy: create an account with your experience and skills, join to your brokerage account and you have yourself a chance to shoot your way up to high on the leaderboard. Profit.ly’s leaders’ board feature as previously mentioned 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 that you’re worthy to the group of traders, but you are also able to use Profit.ly to shop from a guru with the assurance that you’re confident in their skills and the legitimacy of their assertions.
If you are unsure about the idea of sharing the details of your broker account then you could opt to post your trades, verified or not, by taking screenshots. Included in Profit.ly are a variety of trading classes as well as the ability to look at the stats of a trader’s account as well as other ways to interact with your experts via chatrooms as well as notifications via email or text as well as updates.
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Meet 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 under $5 for each share. Penny stock trading could be viewed as an opportunity for small-scale businesses to make the transition into a larger market because it allows them to access money from the public. However, don’t get it wrong – it’s also an extremely risky game, as Sykes will be able to tell you thanks to his years of expertise.
Beginning in the latter years of high school, Tim Sykes has, since then, made over $6 million of profits during his long and successful career as trading professional. When he was 25 years old Sykes was given greater exposure and an even wider impact when he was a part of the reality show “Wall Street Warriors.” Then, he took advantage of it to establish trading rooms, penny stock themes, as well as educational content targeted at those who are just beginning to learn about trading. He also helped establish Profit.ly as a platform for openness, and for the community to uplift and compete through the platform.
The Profit.ly Gurus
One of Profit.ly’s amazing features is the vast array of educational resources, trade alerts, and other useful stuff offered by the in-house experts of the platform. The gurus in question refer to experts in the field of trading who have made significant amounts of profit from their collective years of expertise. Profitly Tim Syes
At its peak, Profit.ly had housed up to five gurus, each of them a professional in their niche in the field of trading. Some of the most famous experts were Connor Bruggermann, Nathan Michaud of Investors Underground, and Triforce as well as a handful of others. As of this writing, there are only two gurus who remain on the platform: the founder and 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 offers.
From Tim Sykes Tim Sykes
Sykes provides a basic stock trading service that focuses on penny stock day trading through Tim’s Alerts. The cost is $74.95 monthly, you’ll see him focus on the basic stock catalysts and employ 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 app available for iOS and Android devices, as well as texts, emails and push alerts and a daily stock watchlist.
From Tim Sykes: The Pennystocking Silver Package
Pennystocking Silver is the premium, upgraded version of the Tim’s Alerts package. Priced at $149.95 per month, this is a great option for investors who are committed to investing in penny stocks. Pennystocking Silver comes with all the standard features of prior plans, which includes swing trading alerts as well as unlimited access to an extensive collection of more than 7,000 educational videos that are updated every week.
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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 tiny-cap massive stocks as well as wildly accurate marketing forecasts. Through the years since the time he started trading, Superman has amassed over $5.5 million in trading earnings. Profitly Tim Syes
The Superman Alerts package is his offering of essential features and trading alerts targeted towards those who might be interested. For just $147 per month, you’ll have access to the daily stock watchlist that is premarket as well as the mobile app, daily market commentary in real-time, and email and SMS alerts.
From “Superman” Paul Scolardi: Superman Pro
At $247/month, you get additional features and access to a knowledgeable base that is provided by Superman himself, via his Superman Pro package. On top of the essentials included in the Alerts package, Superman Pro gives you weekly video lessons, including a growing library of all previous lessons. Additionally, you’ll also get access to premium research reports as well as the IPO or earnings monitor.
Profit.ly Programs and Costs
If you’re eager to join the trading community on the internet and leave a mark in the industry, Profit.ly has the right amount of resources to get you going. Profit.ly offers three membership levels that are designed to accommodate traders at different levels. Let’s break down what these three tiers are and how much they’ll 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 world. When you sign up for this plan, you will be immediately given a slew of robust and vital trading tools, all of them integral in keeping your hands on what we can describe as a cutthroat procedure in its own.
Some of the features you can do using Profit.ly’s Novice package include the ability to confirm trades and track profits and follow-up, leading and even texting your fellow traders; and providing feedback on trades today. You’re also allowed to get on leaderboards, analyze the results of your analysis, sort, as well as filter trades; and, finally, see other’s stats.
The Novice plan will cost $29.95 per month. Although it might look appealing simply because of the price but there’s a disadvantage. You aren’t able to create a personal profile, which makes your personal information public. If you’re interested in have an account with this option, you should stay tuned as we introduce to you Profit.ly’s next plan.
Trader Plan
The Trader plan allows users to benefit from a majority of features from the Novice plan. In this plan, that you are able to create an individual profile that allows you for sharing with fellow associate users all your knowledge and information you have gained from this trading group.
Costing $49.95/month, Profit.ly’s Trader plan is exactly what it says: Cater to those who desire to develop their expertise in trading. As nice as it seems, there is one significant element that’s missing. Unlike the previous Novice package, you will not be able to view other traders’ statistics that could be a disadvantage for some who may be anticipating this level. Profitly Tim Syes
Pro Plan
The Pro plan is the highest premium package that Profit.ly can offer to experienced traders. With $74.95 monthly, and a 22% discount for annual billing This plan offers everything. You get full, no-holds-barred access to all features of the previous plans.
Not only do you get to view other people’s stats and data, but you also have the opportunity to create your own private profile. Both of these options, on top of all the advantages that you can utilize to the maximum extent. If you’re in search of a plan that can serve you everything you need as a skilled trader, maybe the Pro tier could be ideal for you!
Profit.ly’s Other Services
In addition to the training tools and the Leaderboards Profit.ly provides a variety of additional services that it can provide. One of these is its online store, where customers can select from a variety of videos designed to inform and provide guidance on the ins and outs of trading. The products listed on this page of the website can be purchased immediately for personal use. Some of these include bestsellers like the “Trading Tickers” series by trading specialist Tim Grittani, Timothy Sykes’s collection of DVDs, streaming-only content about short stocking, penny stocking, and other things trading-related, clips and clips from events like the Annual Pennystocking Conference, and other products by expert traders.
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The chat rooms that are integrated are also part of Profit.ly’s range of services and features. You’re probably familiar with the concept of chat rooms since you can find it throughout messaging and social platforms, as well as some specialty websites that provide live chat support. But in Profit.ly the chat room is viewed as a hands-on space where experts and their members can interact and learn in real time. Every guru has their own style in operating their chat room and dealing with the listed members. One of them may be laid back and rarely active, while another may be more active and in touch with their students. Consider chatrooms as Profit.ly’s version of a forum, in the essence.
Who is the best Trader for Profit.ly?
Profit.ly’s variety of offerings and features caters to the wide range of stock traders, from novices to the most experienced. Given the wide range of options it can provide this platform definitely has something for every person.
Beginners, for instance, will enjoy Profit.ly’s library of learning content offered throughout the platform. Not only will they be enriched with weekly videos and chat room tips from its in-house gurus and their members. They’ll also be able to choose from the items from its online store that they can take with them wherever they may go. Additionally, they can gain practical experiences by trading through the platform, but eventually, they will soon learn that the process is a risky game that shouldn’t be taken as an amusing pastime.
For the traders with years of exposure down the line, we see Profit.ly equally suited for them as it is for those who are just starting. While novice traders may not be as well-equipped with dealing with trading issues however, experienced traders know how it works and the stack full of risks associated with it. In the ideal scenario, they can utilize Profit.ly’s variety of features to their full advantage to develop their trading abilities. As beginners, they are able to learn from the top experts as well as experts, and take advantage of quick tips and tidbits along the way.
Profit.ly’s “all-in” approach isn’t limited to novices or semi-experienced trader. Certified experts can also take part in the fun! Those in the trading industry who are at the same level as Superman as well as Tim Sykes can also use Profit.ly’s capabilities. Profit.ly’s abilities to show off their skills to others in order to navigate them through the ever-changing trading process. Profitly Tim Syes
Profit.ly’s Pros and Cons
The Pros
- Profit.ly’s numerous capabilities as a “one-stop” stock trading platform enable it to provide traders everywhere with a wealth of education tools, communication, and trading tools
- You will be taught by experts and tips from the inside experts, as well as collections of educational videos as well as live trading activity.
- You’re assured of transparency throughout Profit.ly by using accurate data as well as other traders that are waiting to reach you out whenever something happens
- The leaderboard feature on the platform gives you the opportunity to increase your credibility as a trustworthy and verifiable trader
- Apart from its main features, Profit.ly also gives its users extra options to suit their needs, like posting trades that are not authentic by taking images
- Profit.ly’s variety of subscription levels and guru packages are priced at affordable rates There’s something for every person
The Cons
- Profit.ly’s abundance of packages and products offered may seem overwhelming for most of its customers
- If traders decide to post any kind of trade, there’s an opportunity that some them will profit by picking the most profitable trades to increase the rating – this may be a problem that shouldn’t be ignored.
- Profit.ly does not accept refunds because the premium customers are expected to instantly take advantage of the numerous features the platform is able to offer
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The Final Verdict is: Is Profit.ly Worth It?
If we could come up with an appropriate answer for this query, it would be an affirmative “yes”. However, you must realize that the platform should not be used as a quick-fix scheme to make money. The platform was not always intended to be created to achieve this goal. Instead, it is best to keep an open mind. Profitly Tim Syes
What we are referring to by ‘yes’ is that it is a fantastic learning tool. People who are stuck might find Profit.ly’s range of resources helpful when they try their best to reduce loss and perform better than before. It’s not just the struggling traders that will benefit from the platform. It can accommodate beginners and even experts in the field!
If you really desire to be more successful in trading and would like to learn from your mentors and peers throughout the process, then take a look at Profit.ly. Profit.ly could be a good choice to start.
FAQ Profitly Tim Syes
How do you use Profit.ly to publish your trades?
Profit.ly has the option of allowing trade entries within the ‘My Trade section of the dashboard that lets you post your trades that are verified or otherwise. There are three options:
- Linking your account with your broker of choice and import transactions directly through 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 purchase your trade from a reputable brokerage, there’s the probability that it’s verifiable. This is indicated with the small blue check. If you post the information manually or via pictures, it will be classified as unverified.
The drawback of posting an unauthentic trade is the risk of getting downvotes from your fellow peers. A large number of downvotes could cause you to show up in the Madoff leaderboard, where people can see who’s dishonest in posting trades.
Are the Profit.ly mobile application still available?
As of the moment, Profit.ly is still available to download from the Apple App Store and in the Google Play store. The mobile app version is compatible with most working smartphones and tablets.
How many people are using Profit.ly?
Profit.ly is currently home to over 150,000 investors and traders, since they’re not just trying to maximize profits but also to help one another grow and learn more about acquiring stock market opportunities both right and left.
