The stock market can be an exciting game with high stakes. On certain days, you might have the benefit of positive and satisfactory numbers. On other days you may experience the opposite and it can be extremely difficult to get back to where you were at your peak. If you are immersed in the water, you will have be aware that relying solely on pure instinct and preservation might not be enough.
If you’ve experienced losses from time to time You’ll need solid advice from seasoned and tested trading experts. Also, you’ll need an important boost from 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. We’ll take an in-depth look at Profit.ly is a well-known 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.
Total Rating: 4.1/5 Profitly Timothy Skes
User Experience: 4.5/5
Profit.ly can be described as an online platform for trading that allows traders of different levels to be informative responsible, transparent, and encouraging each other by offering a wide range of features and tools such as chat rooms, trade verification and a rich library of educational material.
How do I define Profit.ly?
Profit.ly is a site for trading which serves as a training and learning platform for people who are starting out as well as a place for traders who are experienced to monitor their performance through the use of cutting-edge analytics tools. Offering users a broad variety of tools for communication and trade that help traders from every field of business connect with each other. It gives the gurus an opportunity to invest in the right areas that the site. Think of it as an online social media platform similar the likes of Facebook and Reddit, but for experts and traders.
Profit.ly independently verifies trade performances and posts all the data from them in the form of leaderboards. The platform’s trading model is based on honesty and transparency: it ensures that the trades are valid and won’t accept fake news as long as is humanly possible. It was established in the past by penny stock trade expert and investment guru Timothy Sykes, along with fellow expert Michael Mosseri.
In an interview for Forbes magazine, Sykes declared that Profit.ly was based “on showing every trade, something that has never been done before.” The idea, he added, served two objectives: one) creating public track records for not just the gurus as well as newsletter authors and students and secondly) allowing everyone on the platform to learn from both losses and wins to the benefit of the trading industry. Profitly Timothy Skes
How Does It Perform?
Profit.ly follows a subscription-based model that allows stock traders to have access to a range of tools and services that are geared at achieving achievement. You may set up an account at no cost, however you’re only given the capability to browse the leaderboards and monitor the activities of non-gurus. If you’re interested in investing your money and see what stocks the experts are trading in real-time it is necessary to sign up to one of Profit.ly’s offers that we’ll go over shortly.
Making an account simple: Create an account that includes your personal information and skills, join to your brokerage account, and you’ll have an opportunity to make your way up to at the very top of the list. Profit.ly’s Leaderboard function, which was previously mentioned, is designed to give its users an insight into their performance as a trading group and its gurus. It’s not just a way to show value to a large group of traders, as you can also utilize Profit.ly to purchase with a professional with the assurance that you’re comfortable of their knowledge and the legitimacy of their claims.
If you’re not comfortable with the idea of divulging your brokerage account, then you could opt to post your trades, whether verified or not, by taking pictures. Also included in Profit.ly is the huge selection of trading classes as well as the ability to look at the stats of a trader’s account as well as other ways to connect with your gurus via chatrooms as well as text and e-mail alerts and updates.
Meet the Founder: Tim Sykes
Timothy Sykes is a well-renowned day trading guru who is well-known for delving his hands into penny stock trading. According to Investopedia, a penny stock refers to a small company’s stock which trades at under $5 for each share. The penny stock market is an opportunity for small companies to move into a larger market because it allows them to access funds from the public. However, don’t get it wrong – it’s also an extremely risky game, as Sykes is sure to reveal through his many years of expertise.
Beginning in his late years in high school, Tim Sykes has, since then, earned over $6 million of profits through his lengthy career as a trader. At the age of 25, he had been given greater exposure and a larger influence over time when he was a part of the reality series “Wall Street Warriors.” He used the opportunity to establish trading rooms as well as penny stock themes and educational content geared toward people who are brand new to trading. He also helped establish Profit.ly as a place for transparency and for the community to uplift and compete with each other through the platform.
The Profit.ly Gurus
One of Profit.ly’s sweet inclusions is the vast array of learning tools, trade alerts and other useful stuff offered by the platform’s in-house gurus. These gurus refer to the experts in trading who have earned substantial amounts of money from their collective years of experience. Profitly Timothy Skes
At its peak, Profit.ly had housed up to five gurus, each of them an expert in their niche in the trading industry. Some of the most famous experts included Connor Bruggermann, Nathan Michaud of Investors Underground, and Triforce among others. At the time of writing only two gurus remain on this platform: Founder and penny stock trader Tim Sykes and veteran smallcap swing trader Paul Scolardi, also known as Superman. With that taken into consideration Let’s look at what packaged deals each guru can offer.
From Tim Sykes Tim Sykes
Sykes offers basic stock trading services which focuses on penny-stock day trading via Tim’s Alerts. Costing $74.95 monthly, you’ll be able to be able to see him concentrate on the fundamental stock catalysts and use them to anticipate the next moves that could occur when trading.
A single purchase in Tim’s Alerts will get you access to the chatroom and the mobile application that is available to iOS as well as 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. It costs $149.95 for a month it is the perfect plan for those who are more involved in penny stock trading. Pennystocking Silver offers all the essential features that were included in earlier plans such as swing trading alerts and unlimited access to an extensive library of more than 7,000 instructional videos and new videos released every week.
From “Superman” Paul Scolardi: Superman Alerts
Scolardi, who goes by the alias “Superman,” is a swing trading professional with an eye for both small-cap monumental stocks and crazy-accurate marketing forecasts. In the time since he began as a trader, Superman has amassed over $5.5 million in total trading earnings. Profitly Timothy Skes
The Superman Alerts plan is an package of vital features and trading alerts geared to those interested. For $147 per month, you’ll gain an access to the day-to-day stock watchlist that is premarket and the mobile app, the daily market updates in real time, and email and SMS alerts.
In “Superman” Paul Scolardi: Superman Pro
For the price of $247, you receive additional features and access to an extensive base of knowledge that is provided by Superman himself, via his Superman Pro package. On top of the essentials that are included in the Alerts plan, Superman Pro gives you daily video lessons, which include the growing collection of previous lessons. Additionally you’ll also have the ability to access premium reports on research as well as an IPO or earnings monitor.
Profit.ly Plans and Costs
If you’re ready to join the world of online trading and make a mark on the market, Profit.ly has the right amount of resources to help you going. Profit.ly offers three membership tiers that are designed to accommodate traders of different levels. Let’s break down what these three are and how much they’ll cost you.
The package called Novice is Profit.ly’s basic plan that is designed specifically for those who are just beginning their journey to the world of trading. When you sign up for this plan you’ll be given a slew of robust and indispensable trading tools, all of which is essential to keep your fingers on what could call a ruthless procedure in its own.
The list of features you can do using Profit.ly’s Novice package include the capability to check the results of your trades and track profit and follow-up, leading and even chatting with your fellow traders, as well as providing feedback on trades today. You’re also allowed to get on leaderboards, analyze your trades, sort and filter your trades and lastly, look at other’s stats.
The Novice plan is $29.95 per monthly payment. Although it might look appealing simply because of the price, there is a downside. You can’t create a private account, making your personal information public. If you’re interested in have access to this feature, keep an eye on us as we present to you Profit.ly’s new plan.
The Trader Plan
The Trader package allows you to take advantage of a majority of features from the novice plan. This plan allows that you can set up an individual profile that allows you to share with other associates all your insights and information you have gained from trader’s community.
The price is $49.95/month, Profit.ly’s Trader plan does what the name suggests caters people who want to improve their trading skills. As nice as it seems, there is one significant aspect that’s not included. As opposed to the prior Novice package, you will not be able to see the statistics of other traders that might be a drawback for those anticipating this level. Profitly Timothy Skes
This is by far the highest expensive plan Profit.ly could offer for seasoned traders. With $74.95 each month and an additional 22% discount when billed annually, this tier has everything. It gives you full, unlimited access to all options of the previous plans.
You’re not only able to look at other people’s statistics and data, but you also have the chance to create your own private profile. Both of these features, plus the other advantages you’ll be able to use to their fullest capacity. If you’re looking for an option that gives you everything you need as trader with experience, the Pro plan is for you!
Profit.ly’s Other Services
In addition to the trainer tools and leaderboards, Profit.ly offers a number of more services it has to provide. One of these is its online store, which lets users choose from a wide array of instructional videos that are designed to inform and provide guidance on the ins and outs of trading. All of the products featured on this page of the website can be purchased immediately for personal use. These include best-selling products like”Trading Tickers, “Trading Tickers” series by trader specialist Tim Grittani, Timothy Sykes’s library of DVDs and streaming-only content about short stocking, penny stocking, and all other related to trading, videos and footage of The Annual Pennystocking Conference, and items from other experts in trading.
The integrated chat rooms are also part of Profit.ly’s variety of services and features. You are probably familiar with the concept of the chat room since you will see it on social and messaging platforms, and also on a few specialty websites that offer live chat assistance. But on Profit.ly it’s seen as a hands-on space where experts and their member traders can communicate and exchange knowledge in real-time. Every guru has their own way in operating their chat room and dealing with the listed members there. One of them may be more laid back and not very often engaged, while another could be more online and communicative to their pupils. Think of the chatrooms as Profit.ly’s version of a forum, in the essence.
Who is the Ideal Trader for Profit.ly?
Profit.ly’s variety of offerings and features are geared towards a large variety of stock traders, from novices to the most experienced. Given the wide range of options it can provide it is certain to have something for everyone.
For instance, newbies will enjoy Profit.ly’s knowledge-based information available on the platform. They will also get daily videos and chat room tips by its internal gurus and their members. They’ll also be able pick from the merchandise available on its store online to carry with them wherever they may go. They can also gain hands-on experiences from trading within the platform, but ultimately, they will soon learn that the process is a risky game that shouldn’t be treated as a joke.
For the traders with decades of experience in the line, we see Profit.ly as equally as suitable to those who are just starting. While novice traders may not be as proficient in handling trading matters but the experts already know the way it functions and the stack full of risks that it carries. In the ideal scenario, they can make use of Profit.ly’s variety of options to their maximum advantage to enhance their trading abilities. Like novices, they can study from the gurus and experts and utilize those quick tips and tidbits to help them along.
Profit.ly’s ‘all-together’ nature does not only apply to beginners and semi-experienced traders. Certified experts can also take part in the excitement! People in the trade industry who are at an equal level with Superman or Tim Sykes can also use Profit.ly’s capabilities. Profit.ly’s capabilities to display their skills to others as a way to assist them in the ever-changing trading process. Profitly Timothy Skes
Profit.ly’s Pros and Cons
- Profit.ly’s many capabilities as a “one-stop’ stock trading platform allows traders across the globe with an abundance of knowledge, communication, and trading tools
- You get to be taught by experts and insights from its in-house gurus, including collections of educational videos as well as live trading activity.
- You’re guaranteed transparency throughout Profit.ly with precise analytics as well as other traders that are waiting to reach you out whenever something happens
- The leaderboard feature of the platform offers you the chance to establish 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 preferences, such as posting unverifiable trades through photographs
- Profit.ly’s diverse range of subscription levels and guru packages are priced at a reasonable cost There is truly something for everyone
- Profit.ly’s numerous products and packages offered might be too much for most of its users
- Since traders can choose to open any kind of trade, there is a possibility that some of them will profit by selecting the best trades in order to improve their ratings This could be a problem that shouldn’t be ignored.
- Profit.ly will not allow refunds as the premium customers will immediately take advantage of the numerous services that the platform can provide
The Final Concluding Question The Final Verdict: Is Profit.ly Valued?
If we were able to come up with the answer, it’s yes. But it is important to realize that this platform shouldn’t be viewed as a quick-fix scheme to make money. The platform was not always meant to be designed in this way. Instead, you need to have curiosity. Profitly Timothy Skes
What we are referring to”yes” is it is a fantastic learning tool. People who are stuck could discover Profit.ly’s array of resources to be helpful when they try their best to reduce losses and perform better than before. Not only struggling traders who will profit from the platform. It is able to accommodate novices and even experts in the field!
If you really care about being a better trader and want to be taught by your peers and experts throughout the process, then look no further – Profit.ly may be a great choice to start.
FAQ Profitly Timothy Skes
What are the best ways to use Profit.ly to publish your trades?
Profit.ly includes an entry section for trades under the My Trade section of the dashboard which lets you post your trades, verifiable or not. There are three options:
- Linking your account to the brokerage of choice and then importing the trades from that directly
- Manually inputting your trades with provided spaces and specifics
- Take a photo of your trades
How can I tell whether the trade can be verified or not?
If you buy your trade from a trusted brokerage, there is the chance that it is verifiable. This is evident by the blue check mark. If you submit it in a manual way or by taking images, it will be classified as unverified.
The downside of having an unauthentic trade is the risk of receiving negative feedback from friends and colleagues. Too many downvotes may result in you appearing on the Madoff leaderboard, where people can detect who’s being untruthful in submitting trades.
Is the Profit.ly mobile app still available?
As of the moment, Profit.ly is still available to download from the Apple App Store as well as the Google Play store. The mobile version of the app works with all operating tablets and smartphones.
How many people are currently connected to Profit.ly?
Profit.ly is currently home to over 150,000 traders and investors, because they are 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 all over the world.