The stock market can be a high-stakes game. Some days, you could be reaping the benefits of pleasing and positive numbers. On other days, however, the opposite may happen and it can be very difficult to return to where you were your most productive. If you find yourself always in the mud it is important be aware that relying solely on instinct and survival may not always be enough.
If you’ve suffered occasional losses You’ll need sound advice from tried-and-tested trading experts. Also, you’ll need an enormous boost from your trading partners from all over the globe, which is why we’ve found a platform that can support you in your improvement in the market. In this review, we’ll take an in-depth 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 Success Tim Sykes Method
Users Experience 4.5/5
Profit.ly offers an internet-based trading service that enables traders of various levels to be informed, transparent, accountable, and uplifting with each other by offering a wide array of tools and features such as chat rooms, trade verification as well as an extensive library of educational content.
How do I define Profit.ly?
Profit.ly is a site for trading that functions as a learning and education platform for people new to trading and as a hub for traders who are experienced to monitor their performance with the help of cutting-edge analytics tools. It provides users with a vast variety of tools for trade and communication, it helps traders from every field of business connect with one another. It gives the gurus worthwhile investments within the confines that the site. Imagine it as an online social media platform similar like Facebook and Reddit but with a focus on professionals and traders.
Profit.ly independently verifies trade performances and publishes all data from them in the style of leaderboards. The trading platform is built on honesty and transparency: it ensures that the trades are authentic and won’t tolerate inauthenticity as much as is humanly possible. It was established in the past by penny stock trade expert and investment expert Timothy Sykes, along with the other expert Michael Mosseri.
One time during his interview for Forbes magazine, Sykes stated that Profit.ly was driven by its focus “on showing every trade, something that was never prior to.” The idea Sykes said served two objectives: one) creating public track records for not just the gurus as well as newsletter authors and students and secondly) making it possible for all users to gain insight into both the wins and losses for the trading industry’s benefit. Success Tim Sykes Method
How Does It Perform?
Profit.ly utilizes a subscription model that lets stock traders have access to a range of tools and services that are geared at achieving success. It is possible to create an account there for free, but you’re limited to the ability to navigate through the leaderboards and monitor the activities of non-gurus. If you’re looking to invest your money to see what stocks the experts are trading in real time it is necessary to sign up to one of Profit.ly’s deals that we’ll go over shortly.
The process of opening an account is easy: create an account that includes your personal information and expertise, connect to your brokerage account and you’ll be given the chance to climb through at the very top of the list. Profit.ly’s leaderboard feature, as mentioned previously, is designed to give its users an insight into the performance of the trading community and its experts. It’s not just a way to show your worth to a large group of traders, but you can also use Profit.ly to shop with a professional with the confidence that you are confident of their knowledge and the legitimacy of their assertions.
If you are unsure about the concept of leaking the details of your broker account then you could opt to post your trades, verified or not, via screenshots. Included in Profit.ly is the huge selection of trading courses as well as the ability to look at the stats of a trader’s account and other methods to connect with your gurus through the chatroom along with notifications via email or text as well as updates.
Meet Tim Sykes, the founder: Tim Sykes
Timothy Sykes is a well-renowned day trader who has been famously known for his efforts in trades in penny stocks. According to Investopedia Penny stock is a small business’s stock that trades for under $5 for each share. The penny stock market could be viewed as an avenue for small companies to move to a large marketplace as it allows them to access money from the public. But don’t be mistaken – it can also be an extremely risky game, as Sykes can surely tell thanks to his years of experience.
From his beginnings in the latter years of the high schools, Tim Sykes has, since then, earned an estimated $6 million earnings throughout his illustrious career as a trader. At the age of 25 Sykes was given more exposure and a wider influence over time when he became part of the reality TV show “Wall Street Warriors.” He then took advantage of it to establish trading rooms, penny stock themes, as well as educational content targeted at those who are new to trading. He also helped to establish Profit.ly as a place of transparency, and to allow the community to rise and compete on the platform.
The Profit.ly Gurus
One of Profit.ly’s most appealing features is the vast array of learning resources, trade alerts, as well as other useful information provided by the company’s internal gurus. The gurus in question refer to experts in the field of trading who have earned significant amounts of profit from their collective years of knowledge. Success Tim Sykes Method
At its peak, Profit.ly had housed up to five gurus, all of them a professional within their particular field in the field of trading. Some of the most prominent experts were Connor Bruggermann, Nathan Michaud of Investors Underground, and Triforce, among a few others. As of this 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. In light of that we’ll take a look at the packages each guru has to offer.
From Tim Sykes Tim Sykes: Tim’s Alerts
Sykes offers a basic stock trading service with the main priority being penny-stock day trading via Tim’s Alerts. Costing $74.95 per month, you will be able to see him concentrate on the basic stock catalysts and employ them to anticipate the next move that is possible when trading.
A standalone purchase from Tim’s Alerts will get you access to the chatroom as well as the mobile app available to iOS and Android devices; text, e-mail, and push alerts; and a daily stock watchlist.
Tim Sykes: From Tim Sykes: The Pennystocking Silver Package
Pennystocking Silver is the premium version, with an upgraded version of Tim’s Alerts program. It costs $149.95 monthly, this is a great option for investors who are committed to the penny-stock market. Pennystocking Silver includes all the basic features found in prior plans, including swing trading alerts as well as unlimited access to a rich library of over 7,000 educational videos that are updated 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. Since he began as a trader, Superman has amassed over $5.5 million in all-time trading earnings. Success Tim Sykes Method
The Superman Alerts package is his offer of the most essential features and trading alerts geared towards those who might be interested. For $147/month, you’ll get access to the daily premarket stock watchlist and the mobile application, daily market commentary shown in real-time, as well as E-mail and SMS alerts.
From “Superman” Paul Scolardi: Superman Pro
For the price of $247, you receive additional features, plus access to the extensive knowledge base that is provided by Superman himself via Superman Pro. Superman Pro package. In addition to the basic features that are included in the Alerts package, Superman Pro gives you weekly video lessonsthat include the growing collection of other previous ones. In addition, you’ll also get access to premium research reports and the IPO and earnings tracker.
Profit.ly Programs and Costs
If you’re ready to join the online trading community and make a mark on the field, Profit.ly has the right amount of tools to get you up and running. Profit.ly offers three membership levels that are designed to accommodate traders at different levels. Let’s look at what the three levels are and what they will cost you.
The Novice package is Profit.ly’s basic plan that is designed specifically for people who are brand new to the trading world. As you sign up for this package, you will be immediately provided with a variety of powerful and indispensable trading tools, all of them integral in keeping your hands on what we could call a ruthless procedure in its own.
Among the list of things you can accomplish using Profit.ly’s Novice package include the ability to confirm trades and track profits; leading, following, and even messaging your fellow traders; and providing feedback on trades today. It also allows you to be on leaderboards, analyze your trades, sort or filter the trades you make and lastly, look at the statistics of other traders.
The Novice plan costs $29.95 per monthly payment. Although it looks attractive for the price alone but there’s a disadvantage. It isn’t possible to create a private account, making your personal information public. If you’re looking to gain the benefit of this service, you should stay tuned as we introduce to you Profit.ly’s next strategy.
The Trader Plan
The Trader plan allows users to benefit from many of the features of the novice plan. This plan allows that you are able to create an individual profile that allows you to share with fellow associate users all your knowledge and intel in trader’s community.
The price is $49.95/month, Profit.ly’s Trader plan is exactly what it says: Cater for those looking to harness their trading skills. Although it’s a nice thing, there is one significant aspect that’s not included. In contrast to the Novice package, this one won’t be able to see the statistics of other traders this might be a drawback for those who are eager to try this new tier. Success Tim Sykes Method
This is by far the most luxurious package Profit.ly offers to experienced traders. At $74.95 each month and an additional 22% discount for billing annually This plan offers it all. You get full, no-holds-barred access to all options of the previous plans combined.
Not only do you get to see other users’ stats as well, you’re also offered the option of creating a private profile. These two features are on top of all the advantages you’ll be able to use to the fullest potential. If you’re looking for a plan that can serve you with everything you require as a skilled trader, maybe the Pro level is ideal for you!
Profit.ly’s Other Services
Apart from the training tools and the leadersboards Profit.ly offers a number of additional services that it can provide. One of these is its online store, which allows users to pick from a range of videos that are designed to educate and provide guidance on the ins and outs of trading. All of the products featured in this section of the website can be bought immediately for your personal use. These include best-selling products like the “Trading Tickers” series from trading professional Tim Grittani, Timothy Sykes’s collection of DVDs, streaming-only content about penny stocking, short stocking, and all other related to trading, videos and scenes of The Annual Pennystocking Conference, and items from other experts in trading.
The chat rooms that are integrated 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 see it across messaging and social platforms, in addition to a few special websites that provide live chat support. But in Profit.ly, it is seen as a place where gurus and their members can interact and learn in real time. Every guru has their own style in running their chat rooms and in dealing with the members there. One might be more laid back and rarely active, while another may be more interactive and online to their pupils. Think of the chat rooms like Profit.ly’s version of a forum, in its essence.
Who is the best Trader for Profit.ly?
Profit.ly’s diverse range of products and features are geared towards a large variety of stock traders, ranging from novices to experienced professionals. With the variety of deals it offers, the platform surely has something for every person.
Beginners, for instance, will enjoy Profit.ly’s library of learning content offered throughout the platform. In addition, they will be provided with videos every week 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 travel. They can also gain hands-on experiences by trading through the platform, but ultimately they’ll be able to realize that this is a high stakes game that shouldn’t be treated as an amusing pastime.
For those traders who have had years of exposure down the line, we believe Profit.ly equally suited to them as the newcomers. While novice traders may not be as well-equipped with dealing with trading issues but the experts already know the way it functions and the plethora of risks that it carries. Ideally, they may utilize Profit.ly’s array of options to their maximum advantage to develop their trading skills. Like beginners, they can learn from the experts as well as experts, and take advantage of quick tips and tidbits along the way.
Profit.ly’s “all-in” approach does not only apply to beginners as well as semi-seasoned traders. Experts who have been verified can also participate in the excitement! Those in the trading industry who are on the same level as Superman or Tim Sykes can also use the power of Profit.ly’s abilities to show off their skill to others in order to guide them through the ever-illustrious trading process. Success Tim Sykes Method
Profit.ly’s Pros and Pros and
- Profit.ly’s diverse capabilities as a ‘one-stop’ stock trading platform allows it to provide traders everywhere with tons of learning tools, communication, and trading tools
- You get to receive excellent training and advice from the company’s in-house gurus, including libraries of educational videos and real-time trading activities
- You can be sure of complete transparency through Profit.ly with accurate analytics as well as other traders ready to call you when something goes wrong.
- The leaderboard feature of the platform offers you the opportunity to increase your credibility as a trustworthy and dependable trader
- Apart from its core abilities, Profit.ly also gives its users extra options to suit their preferences, such as posting trades that are not authentic by taking screenshots
- Profit.ly’s wide array of subscription levels and guru packages are priced at reasonable prices – there truly is something for everyone
- Profit.ly’s bountiful stream of products and packages offered might seem overwhelming for the majority of its customers
- As traders may opt to open any kind of trade, there is the possibility that some of them could profit from picking the most profitable trades to improve their ratings This could be a risk that shouldn’t be simply overlooked
- Profit.ly will not allow refunds as its premium users will immediately benefit from the many services that the platform can provide
The Final Concluding Question: Is Profit.ly Worth It?
If we were able to come up with an answer to this question, it’s a ‘yes’. But you need to understand that the platform should not be used as a scheme to get rich quick. It wasn’t intended to be created in this way. Instead, it is best to keep the ability to think with an open heart. Success Tim Sykes Method
What we are referring to”yes” is that it is a fantastic learning tool. For those who are struggling, they might find Profit.ly’s array of resources useful as they do their best to avoid losses and perform better than they did before. Not only struggling traders that will benefit from this platform. It will be able to accommodate beginners as well as even experts!
So, if you genuinely desire to be more successful in trading and would like to learn from your peers and experts throughout the process, then look no further – Profit.ly may be a great alternative to start.
FAQ Success Tim Sykes Method
What are the best ways to use Profit.ly to post your trades?
Profit.ly has the option of allowing trade entries within the “My Trade’ category of the dashboard that lets you post your trades, either verified or not. You may choose between three choices:
- Linking your account to the broker of choice and import trades directly from there
- Manually entering your trades using provided spaces and specifics
- Upload a screenshot of your trades
What can I do to determine whether the trade can be verified or not?
If you buy your trade from a reputable brokerage, there is the likelihood that it can be verified. This is indicated with the blue check mark. If you submit the information manually or via screenshots, it will automatically be assigned as unverified.
The downside of having an unauthenticated trade is the chance of receiving downvotes from colleagues. Too many downvotes may cause you to show up at the top of the Madoff leaderboard, which is where the public can detect who’s being fraudulent in posting trades.
Is the Profit.ly mobile app still available?
As of this writing, Profit.ly is still available for download on the Apple App Store as well as the Google Play store. The mobile version of the app is compatible with the majority of operating tablets and smartphones.
How many are on Profit.ly?
Profit.ly is currently home to over 150,000 investors and traders, because they are not just looking to earn maximum profits but also to help one another learn and improve in acquiring opportunities in the stock market all over the world.