Stock trading is a high-stakes game. On some days, you might be reaping the benefits of positive and satisfying numbers. However, on other days you may experience the opposite, and it may sometimes be very difficult to return to the point you were at your peak. If you find yourself immersed in the water, you will have be aware that relying solely on your instincts and preserving might not be enough.
If you’ve been incurring occasional losses, you’re gonna be needing sound advice from tried-and-tested trading experts. Additionally, you’ll require a significant boost from your fellow traders from around the globe, which is why we’ve discovered an online platform that will help you in your growth in the market. We’ll be taking a look at Profit.ly, a well-recognized 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. To get a comprehensive overview of Profit.ly, you may still want to check out our article below.
Overall Rating: 4.1/5 Reviews For Profitly Tim Sykes 2021
Users Experience 4.5/5
Profit.ly is an online trading platform that enables traders of various levels to be informative and accountable, as well as transparent and uplifting with each other through its broad array of tools and features like trade verification, chat rooms as well as an extensive library of educational material.
What is Profit.ly?
Profit.ly is a trading website which serves as a learning and training 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 sophisticated analytics tools. Offering users a broad range of resources for trade and communication and letting traders from every field of business connect with one another. It also allows gurus to make worthwhile investments within the confines that the site. Imagine it as an online social media platform similar the likes of Facebook and Reddit however it is geared towards experts and traders.
Profit.ly independently verifies trade performances and posts all the data from them in the style of leaderboards. The platform’s trading model is based on honesty and transparency: it guarantees that the transactions are legitimate and will not allow for fraud as much as possible. It was established many years ago by penny expert in stock trading and investment guru Timothy Sykes, along with the other expert Michael Mosseri.
In an interview with Forbes magazine, Sykes declared that Profit.ly was driven by its focus “on showing every trade, something that has never been prior to.” This idea was, he said, serving two objectives: one) keeping track of public data for everyone, not just the experts as well as newsletter authors and students as well as) allowing everyone on the platform to be enlightened by both the wins and losses to benefit the industry of trading. Reviews For Profitly Tim Sykes 2021
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 toward success. You may set up an account at no cost, however you’re only given the capability to browse the leaderboard and follow the activities of people who aren’t gurus. If you’re interested in investing your money to see which stocks the gurus are trading in real-time, you will need to sign up to one of Profit.ly’s offers that we’ll go over shortly.
Making an account simple: Create an account with your experience and skills, join your brokerage account, and you’ll have a chance to shoot your way to high on the leaderboard. Profit.ly’s leaders’ board feature as we’ve mentioned earlier, is designed to give its users a glimpse of the performance of the trading community and its experts. It’s not just a way to show that you’re worthy to the community of traders, as you can also utilize Profit.ly to shop from a guru with the confidence that you are confident of their knowledge and the legitimacy of their claims.
If you’re not comfortable with the idea of sharing the details of your broker account you can opt to post your trades, either verified or otherwise, through pictures. Included in Profit.ly are the vast number of trading courses, the ability to view the stats of a trader’s account and other methods to interact with your experts through the chatroom along with 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 guru who has been famously known for delving his hands into trades in penny stocks. According to Investopedia Penny stock refers to a small-sized company’s stock which trades at less than $5 per share. The trading of penny stocks could be viewed as a stepping stone for small-scale businesses to make the transition into a larger market because it gives them access to capital from the general public. But don’t be mistaken – it can also be a high-risk game, which Sykes will be able to tell you thanks to his years of experience.
Since his initial beginnings in his late years in High School, Tim Sykes has, since then, made more than $6 million in earnings during his long and successful career as trader. At the age of 25 Sykes was given more exposure and a wider influence over time when he became part of the reality show “Wall Street Warriors.” Then, he used the opportunity to establish trading rooms as well as penny stock themes and educational content geared toward those who are new to the trading field. He also played a role in establishing Profit.ly as a place for transparency, and for the community to uplift and compete against each other on the platform.
The Profit.ly Gurus
One of Profit.ly’s most appealing features is the variety of education resources, trade alerts, as well as other useful information provided by the platform’s in-house gurus. These gurus refer to the experts in trading who have proven to make significant amounts of profit from their collective years of knowledge. Reviews For Profitly Tim Sykes 2021
At its height, Profit.ly had housed up to five gurus, each of them a pro in their niche within the world of trading. Some of the most famous experts were Connor Bruggermann, Nathan Michaud of Investors Underground, and Triforce, among a few others. At the time of writing there are only two gurus who remain on the platform: Founder as well as penny-stock trader Tim Sykes and veteran smallcap swing trader Paul Scolardi, also known as Superman. With that taken into consideration, let’s take a look at what packaged deals each guru offers.
From Tim Sykes: Tim’s Alerts
Sykes provides basic stock trading services that focuses on penny-stock day trading via Tim’s Alerts. At $74.95 for a month you’ll observe him focus on fundamental stock catalysts and use them to predict the next moves that could occur when making trades.
A standalone purchase 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 email, text and push alerts and a daily stock watchlist.
From Tim Sykes: The Pennystocking Silver Package
Pennystocking Silver is the highest-quality version, with an upgraded version of Tim’s Alerts program. At $149.95 monthly, this is a great option for investors who are involved in penny stock trading. Pennystocking Silver includes all the basic features found in the previous plan, such as swing trading alerts as well as unlimited access to a collection of more than 7,000 educational videos, with new ones released every week.
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The following video is from “Superman” Paul Scolardi: Superman Alerts
Scolardi who goes under the name “Superman,” is a trader who has an eye for tiny-cap massive stocks as well as wildly accurate marketing forecasts. Since when he first started trading, Superman has amassed over $5.5 million in total trading earnings. Reviews For Profitly Tim Sykes 2021
The Superman Alerts plan is an offering of essential features and alerts on trading geared towards those who might be interested. For $147 per month, you’ll gain access daily premarket stock watchlist as well as the mobile app, the daily market commentary shown in real time, and email and SMS alerts.
From “Superman” Paul Scolardi: Superman Pro
For $247 per month, you can enjoy additional features, as well as access to a knowledgeable base that is provided by Superman himself via the Superman Pro package. In addition to the basic features featured in the Alerts plan, Superman Pro gives you weekly video lessons, including an ever-growing library of previous lessons. On top of that you’ll also gain the ability to access premium reports on research and an IPO or earnings monitor.
Profit.ly plans and costs
If you’re looking to join the world of online trading and leave your mark on the industry, Profit.ly has the right amount of resources to get you started. The platform offers three membership tiers, each designed for traders of different levels. Let’s break down what these three tiers are and how much they will cost you.
The package called Novice is Profit.ly’s entry-level plan designed especially for those who are new to the world of trading. Once you have signed up for this package, you will be immediately given a slew of robust and vital trading tools, each of them integral in keeping your fingers on what call a competitive process by itself.
Some of the features you can do using Profit.ly’s Novice program is the ability to verify trades and track profits as well as leading, following, and even messaging your fellow traders, as well as leaving feedback on today’s trades. You’re also allowed to get onto leaderboards; study the results of your analysis, sort, or filter the trades you make and, lastly, view the statistics of other traders.
The Novice plan costs $29.95 per monthly payment. Although it might look appealing simply because of the price however, there’s a drawback. You aren’t able to create a personal profile, which makes your actions public. If you do want to gain access to this feature, you should stay tuned as we introduce to you Profit.ly’s next plan.
The Trader Plan
The Trader plan allows you to use a majority of features from the novice plan. It is in this plan that you can create a private profile for sharing with fellow associates all your insights and knowledge you gain from this trading group.
Costing $49.95/month, Profit.ly’s Trader plan does what the name suggests caters to those who desire to improve their trading skills. Although it’s a nice thing but there’s one important aspect that’s not included. Unlike the previous Novice package, you won’t be able to view other traders’ stats that might be a drawback for those who are looking forward to this tier. Reviews For Profitly Tim Sykes 2021
The Professional plan can be described as the highest premium package that Profit.ly can offer to experienced traders. It costs $74.95 each month which includes a 22% discount when billed annually, this tier has everything. You will have full, unrestricted access to all features from the two previous plans.
You’re not only able to view other people’s stats, but you’re also given the opportunity to create a private profile. These two features are plus the other advantages you’ll be able to use to the fullest potential. If you’re in search of a plan that can serve you everything you need as an experienced trader, the Pro plan is for you!
Profit.ly’s Other Services
Apart from the provided trainer tools and Leaderboards Profit.ly provides a variety of other services they offer. One of these is its online store, which allows users to select from a variety of instructional videos that are designed to inform and provide guidance on the nuances and pitfalls of trading. The products listed on this page of the website is available to be immediately purchased for personal use. These include best-selling products like”Trading Tickers,” the “Trading Tickers” series from trading professional Tim Grittani, Timothy Sykes’s collection of DVDs, streaming-only content related to penny stocking, short stocking, and all other related to trading, videos and footage from the Annual Pennystocking Conference, and items from other experts in trading.
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Chat rooms integrated into Profit.ly are included in Profit.ly’s array of services and features. You’re probably familiar with the concept of the chat room since you can find it throughout social and messaging platforms in addition to a few special websites that provide live chat assistance. But on Profit.ly the chat room is viewed as a place where gurus and their members can interact and learn in real time. Every guru has their own way in running their chat rooms and dealing with the members. Some may be a laid-back person who is rarely engaged, while another could be more active and in touch with their students. Consider chatrooms as Profit.ly’s version of the forum, in its essence.
Who is the Ideal Trader for Profit.ly?
Profit.ly’s diverse range of products and features cater to a large variety of stock traders, from beginners to experienced pros. Considering the number of offers it can provide this platform definitely has something for everyone.
Beginners, for instance, can take advantage of Profit.ly’s knowledge-based content offered throughout the platform. Not only will they be enriched with weekly videos and chat room advice by its internal gurus as well as their members. Additionally, they can choose from the items on its store online that they can take with them wherever they may go. They can also gain hands-on experiences by trading through the platform, but ultimately, 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 see Profit.ly equally suited for them as it is for the newcomers. Although the novices might not be as well-equipped with handling trading matters however, experienced traders know the way it functions and the stack full of risks that it carries. Ideally, they may use Profit.ly’s range of features to their full advantage to enhance their trading skills. Like beginners, they can learn from the experts and experts and utilize those simple tips and hints along the way.
Profit.ly’s ‘all-together’ nature doesn’t just apply to newbies and semi-experienced traders. Certified experts can also take part in the fun! Those in the trading industry who are on similar levels to Superman as well as Tim Sykes can also use Profit.ly’s capabilities. Profit.ly’s capabilities to display their expertise to other traders as a way to help navigate them through the ever-changing trading process. Reviews For Profitly Tim Sykes 2021
Profit.ly’s Pros and Pros and
- Profit.ly’s diverse capabilities as a “one-stop” stock trading platform enable it to provide traders everywhere with a wealth of education communications, trading, and communication tools
- You will be provided with excellent lessons and insights from its in-house gurus, including video libraries that teach you how to learn and live trading activity.
- You’re guaranteed transparency throughout Profit.ly with precise analytics as well as fellow traders who are ready to reach you out if something occurs.
- The leaderboard feature on the platform gives you a way to build your reputation as a reliable and verifiable trader
- Apart from its main features, Profit.ly also gives its customers extra options that can be tailored to their needs, like posting unverifiable trades through screenshots
- Profit.ly’s wide array of packages and subscription levels are priced at affordable rates There’s something for all
- Profit.ly’s bountiful stream of packages and products offered may not be enough for the majority of its customers
- Since traders can choose to make any type of trade, there’s the possibility that some of them could profit from selecting the best trades in order to boost their rating – this may be a problem that shouldn’t be ignored.
- Profit.ly will not allow refunds, as the premium customers will immediately benefit from the number of services that the platform can offer
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The Final Concluding Question: Is Profit.ly Worth It?
If we were able to come up with an appropriate answer for this query, 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 wasn’t originally meant to be designed in this way. Instead, it is best to keep curiosity. Reviews For Profitly Tim Sykes 2021
What we do mean by ‘yes’ is that it could be a useful learning tool. People who are stuck could find Profit.ly’s array of resources helpful in their efforts to incur lesser losses and perform better than before. It’s not only the struggling traders who will benefit from this platform. It can accommodate beginners and even experts!
If you truly desire to be better at trading and wish to learn from your peers and experts along the way, then take a look at Profit.ly. Profit.ly may be a great alternative to start.
FAQ Reviews For Profitly Tim Sykes 2021
How do you use Profit.ly to make your trades public?
Profit.ly has a trade entry portion within the ‘My Trade category on the dashboard. It lets you record your trades that are verified or otherwise. You may choose between three options:
- Linking your account with your brokerage of choice and importing trades directly from there
- Manually inputting your trades with specified spaces and information.
- Take a photo of your trades
What can I do to determine whether the trade is authentic or not?
If you purchase your trade from a trusted brokerage, there’s a high likelihood that it can be verified. This is indicated with the small blue check. If you submit the information manually or via images, it will be assigned as unverified.
The disadvantage of an unauthentic trade is the chance of receiving downvotes from friends and colleagues. If you receive too many negative votes, it could result in you appearing at the top of the Madoff leaderboard, which is where the public are able to identify who is fraudulent in posting trades.
Is the Profit.ly mobile app still available?
As of the moment, Profit.ly is still available to download via the Apple App Store as well as on the Google Play store. The mobile app version is compatible with most operating tablets and smartphones.
How many people are using Profit.ly?
Profit.ly currently houses over 150,000 investors and traders since they’re not just seeking to make the most profit but also assist each other to grow and learn more about acquiring opportunities on the stock market both right and left.