Stock trading can be a high-stakes game. On certain days, you could enjoy the benefits of positive and satisfactory numbers. However, on other days it could be the reverse and it could be extremely difficult to get back to where you were your best. If you find yourself immersed in the water You will need to realize that relying on instinct and survival may not always be enough.
If you’ve experienced occasional losses and you’re likely to require solid advice from seasoned and tested trading experts. Additionally, you’ll require an important boost from trading partners from all over the globe. That’s why we’ve identified an option that can help you in your growth in the market. This review will be taking the time to look at Profit.ly is a well-known 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. To get a comprehensive overview of Profit.ly, you may still want to check out our article below.
Overall Rating: 4.1/5 Profitly Tim Sykes
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 permits traders of various levels to be informed and accountable, as well as transparent and encouraging one another through its wide variety 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 site for trading which serves as a learning and training platform for people who are just beginning their journey and also as a platform for traders who are experienced to monitor their performance with the help of cutting-edge analytics tools. It provides users with a vast range of resources for trade and communication and letting traders from all walks of life connect with one another. It offers gurus with worthwhile investments within the confines of the platform. Think of it as the social media equivalent the likes of Facebook and Reddit but with a focus on professionals and traders.
Profit.ly independently validates trade performance and publishes all data from them in the style of leaderboards. The trading platform is built on transparency and honesty: it ensures that the trades are authentic and won’t accept fake news as long as is humanly possible. It was founded years ago by the penny expert in stock trading and investment guru Timothy Sykes, along with his colleague Michael Mosseri.
One time , during an appearance in Forbes magazine Sykes stated that Profit.ly was driven by its focus “on the transparency of the entire spectrum of trades, something which was never done before.” The concept Sykes said served two purposes: 1) keeping track of public data for all traders, not just the gurus as well as newsletter authors and students and secondly) giving everyone on the platform to gain insight into the losses and wins to benefit the industry of trading. Profitly Tim Sykes
How Does It How Does It
Profit.ly follows a subscription-based model which allows stock traders to gain access to a multitude of tools and services that are geared at achieving the success of their business. You can create an account on the site for free, but you’re only given access to the leaderboards and monitor the activities of people who aren’t gurus. If you’re ready to invest your money and see which stocks the gurus are trading in real time it is necessary to subscribe to any of Profit.ly’s offers that we’ll review in the coming days.
Making an account easy: create a profile with your experiences and skills, join to your brokerage account and you’ll have the chance to climb your way to the top of the leaderboard. Profit.ly’s leaderboard feature, as previously mentioned it is designed to provide its users a glimpse of their performance as a trading group and its experts. It’s not only a chance to demonstrate value to a large group of traders, but you can also utilize Profit.ly to purchase from a guru with the confidence that you are confident in their skills and the veracity of their claims.
If you feel uneasy with the idea of sharing the details of your broker account you can decide to share your trades, verified or not, by taking pictures. Included in Profit.ly are the vast number 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 in addition to notifications via email or text as well as updates.
> > Click Here to Check Out Profit.ly < <
Meet the Founder: Tim Sykes
Timothy Sykes is a well-renowned day trading guru who is well-known for his efforts in the penny-stock market. According to Investopedia Penny stock refers to a small company’s shares that trade for just less than 5 cents per share. The penny stock market can be seen as an opportunity for small companies to move into a larger market because they can access capital from the public. But don’t make the mistake of thinking that it can also be an extremely risky activity, as Sykes will be able to tell you through his many years of experience.
Beginning in his late years in the high schools, Tim Sykes has, since then, earned over $6 million of profit throughout his illustrious career as trader. At the age of 25, he had been given greater exposure and a larger impact as a participant in the reality show “Wall Street Warriors.” Then, he made use of the show to create trading rooms as well as penny stock themes and educational content geared toward people who are brand new to trading. He also played a role in establishing Profit.ly as a place for transparency and to allow the community to rise and compete through the platform.
The Profit.ly Gurus
One of Profit.ly’s sweet inclusions is the variety of educational resources, trade alerts, and other helpful stuff provided by the in-house experts of the platform. Gurus are referred to the trading experts who have proven to make substantial profits from their combined years of expertise. Profitly Tim Sykes
At its height, 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 most famous experts were Connor Bruggermann, Nathan Michaud of Investors Underground, and Triforce among others. At the time of writing however, only two gurus remain on this platform: the founder and penny stock trader Tim Sykes and veteran smallcap swing trader Paul Scolardi, also known as Superman. With that taken into consideration we’ll take a look at what packaged deals each guru can offer.
From Tim Sykes Tim Sykes: Tim’s Alerts
Sykes offers a basic stock trading service that focuses on penny stock day trading through Tim’s Alerts. The cost is $74.95 per month, you will observe him focus on fundamental stock catalysts and use them to forecast the next moves that could occur when trading.
A purchase on its own of Tim’s Alerts will get you access to the chatroom, as well as the mobile app available to iOS as well as Android devices, email, text and push alerts; and a daily stock watchlist.
from Tim Sykes: The Pennystocking Silver Package
Pennystocking Silver is the premium version that has been upgraded of the Tim’s Alerts program. Priced at $149.95 monthly, it is the perfect plan for investors who are involved in the penny-stock market. Pennystocking Silver offers all the essential features found in earlier plans such as alerts for swing trading and access to an extensive collection of more than 7,000 educational videos, with new ones released every week.
> > Click Here to Check Out Profit.ly < <
From “Superman” Paul Scolardi: Superman Alerts
Scolardi, who goes by the name “Superman,” is a trader who has an eye for 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. Profitly Tim Sykes
The Superman Alerts plan is his offer of the most essential features and alerts on trading geared to those interested. For $147/month, you’ll get access daily stock watchlist that is premarket along with the mobile application, daily market commentary shown in real-time, and E-mail and SMS alerts.
The film “Superman” Paul Scolardi: Superman Pro
For $247 per month, you can enjoy additional features and access to an extensive base of knowledge that is provided by Superman himself via his Superman Pro package. Alongside the standard features that are included in the Alerts package, Superman Pro gives you daily video lessons, which include a growing library of all other previous ones. In addition you’ll also have the ability to access premium reports on research as well as an IPO and earnings tracker.
Profit.ly Plans and Costs
If you’re ready to join the online trading community and leave a mark in the market, Profit.ly has the right amount of resources to help you started. The platform offers three membership levels that cater to traders with different levels. Let’s take a look at what these three tiers are and how much they’ll cost you.
Novice Plan
The Novice package is Profit.ly’s basic plan that is designed specifically for those who are new to the trading community. As you sign up for this plan you’ll be provided with a variety of powerful and vital trading tools, each of which is essential to keep your fingers on what we call a competitive procedure in its own.
The list of features you can do with Profit.ly’s Novice package is the capability to check trades and track profits; leading, following and even texting other traders; and providing feedback on trades today. It also allows you to be onto leaderboards; study your trades, sort and filter your trades and, finally, see other’s stats.
The Novice plan will cost $29.95 per monthly payment. Although it might look appealing just by the price but there’s a disadvantage. You can’t create a private account, making your activities publicly available. If you do want to have the benefit of this service, stay tuned as we introduce to you Profit.ly’s next plan.
Trader Plan
The Trader package allows you to take advantage of the majority of features available in the Novice plan. This plan allows that you can set up an account that is private 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 develop their skills in trading. As nice as it seems however, there’s a crucial aspect that’s not included. In contrast to the Novice package, this one won’t be able to see the statistics of other traders that could be a disadvantage for those anticipating this level. Profitly Tim Sykes
Pro Plan
The Professional plan can be described as the most luxurious package Profit.ly can offer to experienced traders. With $74.95 each month and an additional 22% discount for billing annually the Pro plan has everything. You get full, no-holds-barred access to all features from the two previous plans combined.
You’re not only able to see other users’ stats, but you’re also given the opportunity to create a private profile. Both of these features, on top of all the benefits that you can use to the fullest potential. If you’re looking for an option that gives you with everything you require as a skilled trader, maybe the Pro plan is the right choice for you!
Profit.ly’s Other Services
Apart from the provided tools for training and leaderboards, Profit.ly has a few more services it has to offer. One of them is the online store, which allows users to select from a variety of videos that are designed to educate and help you understand the ins and outs of trading. All of the products featured in this section of the website can be immediately purchased for personal use. Some of these include bestsellers like”Trading Tickers, “Trading Tickers” series by trading specialist Tim Grittani, Timothy Sykes’s collection of DVDs, streaming-only content on penny stocking, short stocking, as well as all related to trading, videos and clips taken from The Annual Pennystocking Conference, and items from other experts in trading.
> > Click Here to Check Out Profit.ly < <
The chat rooms that are integrated are included in Profit.ly’s range of services and features. You are probably familiar with the chat room as you can see it across social and messaging platforms, as well as some specialty websites that provide live chat assistance. But on Profit.ly, it is seen as a hands-on place where gurus and their member traders can communicate and learn 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 active, while another might be more interactive and online with their students. Think of the chat rooms 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 cater to the wide range of stock trader types, from novices to experienced professionals. Considering the number of offers it offers this platform definitely has something for everyone.
Newbies, for instance, will enjoy Profit.ly’s knowledge-based content offered throughout the platform. In addition, they will be provided with videos every week and chat room advice from its in-house gurus and members. They’ll also be able to pick from the merchandise available on its store online for them to take wherever they may be. Additionally, they can gain practical experiences from trading within the platform, however they’ll realize that this is a risky game that shouldn’t be treated as a joke.
For the traders with many years of experience down the line, we believe Profit.ly equally suited for them as it is for those who are just starting. Although the novices might not be as adept at dealing with trading issues, the pros already understand the way it functions and the stack full of risks associated with it. Ideally, they may make use of Profit.ly’s range of features to their full advantage to develop their skills in trading. As beginners, they are able to study from the gurus as well as experts, and take advantage of short tips and tricks to help them along.
Profit.ly’s “all-inclusive” nature doesn’t just apply to newbies or semi-experienced trader. Verified experts can also join in the excitement! Those in the trading industry who are on the same level as Superman and Tim Sykes can also use the power of Profit.ly’s abilities to show off their skill to others in order to assist them in the ever-changing trading process. Profitly Tim Sykes
Profit.ly’s Pros and Cons
The Pros
- Profit.ly’s diverse capabilities as a ‘one-stop’ platform for trading stocks allows traders from all over the world with an abundance of knowledge communications, trading, and communication tools
- You get to be taught by experts and tips from the internal experts, which include video libraries that teach you how to learn and trading in real-time.
- You can be sure of complete transparency through Profit.ly by using accurate data as well as other traders that are waiting to reach you when something goes wrong.
- The leaderboard feature of the platform offers you the opportunity to increase your credibility as a trustworthy and verifiable trader
- In addition to its primary features, Profit.ly also gives its customers additional options to meet their individual preferences, for instance, posting unauthentic trades via images
- Profit.ly’s variety of subscription levels and guru packages are priced at reasonable prices There is truly something for everyone
The Cons
- Profit.ly’s abundance of packages and services offered could seem overwhelming for the majority of its customers
- If traders decide to open any kind of trade, there’s a possibility that some of them may take advantage by picking the most profitable trades to improve their ratings this could be a problem that shouldn’t be ignored.
- Profit.ly does not accept refunds, as its premium users will immediately benefit from the number of features the platform is able to provide
> > Click Here to Check Out Profit.ly < <
The Final Verdict is: Is Profit.ly Worth It?
If we could come up with the answer, 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 designed to be used to achieve this goal. Instead, you should have curiosity. Profitly Tim Sykes
What we do mean”yes” is that it is a fantastic learning tool. For those who are struggling, they may find Profit.ly’s range of resources useful when they try their best to incur lesser loss and perform better than they did before. It’s not only the struggling traders that will profit from the platform. It is able to accommodate novices and even experts!
If you really care about being better at trading and wish to learn from your fellows and gurus throughout the process, then look no further – Profit.ly is a fantastic alternative to start.
FAQ Profitly Tim Sykes
How do you use Profit.ly to publish your trades?
Profit.ly offers the option of allowing trade entries within the “My Trade’ category of the dashboard that lets you record your trades, either verified or otherwise. You may choose between three choices:
- Linking your account to the brokerage of choice and importing transactions directly through there
- Manually inputting your trades with provided spaces and specifics
- Send a screen shot of your trades
How can I tell whether the trade is authentic or not?
If you purchase your trade from a trusted brokerage, there’s the chance that it is verifiable. This is indicated with the small blue check. If you post the information manually or via screenshots, it will automatically be classified as unverified.
The disadvantage of an unauthentic trade is the chance of getting downvotes from your colleagues. A large number of downvotes could cause you to be listed on the Madoff leaderboard, where people can detect who’s being 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 Apple App Store and in the Google Play store. The mobile app version is compatible with the majority of operating tablets and smartphones.
How many people are on Profit.ly?
Profit.ly currently houses over 150,000 traders and investors, since they’re not just looking to earn maximum profits but also assist each other to grow and learn more about acquiring stock market opportunities both right and left.
