Stock trading is a high-stakes game. On some days, you may have the benefit of positive and satisfying numbers. On other days, however, the opposite may happen and it can be extremely difficult to return to the point you were at your most productive. If you are constantly stuck in the gutter, you will have to realize that relying on your instincts and preserving might not be enough.
If you’ve experienced losses from time to time and you’re likely to require solid advice from seasoned and tested trading experts. Additionally, you’ll require an enormous boost from your trading partners from all over the globe. That’s why we’ve discovered an option that can help you in your improvement within the field. This review will take the time to look at Profit.ly A well-respected 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. To get a comprehensive overview of Profit.ly, you may still want to check out our article below.
Total Rating: 4.1/5 Tim Skyes Profitly Trades
Value: 4.1/5
Quality: 4.1/5
Costs: 4.1/5
The User’s Experience 4.5/5
Summary
Profit.ly offers an internet-based trading service that permits traders of different levels to be knowledgeable responsible, transparent, and to build relationships with one another through its wide array of tools and features including trade verification, chat rooms as well as an extensive library of educational content.
What is Profit.ly?
Profit.ly is a trading site which serves as a learning and training platform for people new to trading as well as a place for traders who are experienced to monitor their performance using the aid of cutting-edge analytics tools. It provides users with a vast array of options to facilitate trade and communication that help traders from all walks of life connect with one another. It gives the gurus worthy investments within the boundaries that the site. 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 form of leaderboards. The trading platform is built on trust and transparency. it makes sure that trades are authentic and won’t allow for fraud as much as is humanly possible. It was created in the past by penny stock trade expert and investment expert Timothy Sykes, along with the other expert Michael Mosseri.
One time , during an interview with Forbes magazine Sykes declared 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 objectives: one) creating public track records for everyone, not just the experts as well as students and newsletter writers, and 2) allowing everyone on the platform to learn from the losses and wins to benefit the industry of trading. Tim Skyes Profitly Trades
How Does It Perform?
Profit.ly follows a subscription-based model that allows stock traders to benefit from a variety of tools and services that are geared toward the success of their business. It is possible to create an account on the site for free, but 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 in order to find out what stocks the experts are trading in real time it is necessary to join one of Profit.ly’s deals that we’ll discuss in the near future.
Making an account easy: create an account that includes your personal information and expertise, connect your brokerage account, and you have yourself an opportunity to make your way to the top of the leaderboard. Profit.ly’s leaderboard feature, as mentioned previously was designed to offer its users an insight into the performance of the trading community and its experts. It’s not only a chance to show your worth to a community of traders, but you can also utilize Profit.ly to purchase from a guru with the assurance that you’re confident with their expertise and the veracity of their assertions.
If you’re not comfortable with the idea of sharing the details of your broker account you may opt to post your trades, verified or not, via photographs. Also included in Profit.ly are a variety of courses in trading and the capability to see stats in a trader’s profile as well as other ways to communicate with your gurus via chatrooms along with email and text alerts as well as updates.
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Meet Tim Sykes, the founder: Tim Sykes
Timothy Sykes is a well-renowned day trader who has been famously known for delving his hands into penny stock trading. According to Investopedia Penny stock refers to a small-sized company’s stock which trades at just less than 5 cents per share. The trading of penny stocks could be viewed as an opportunity for small businesses to transition to a market that is larger as it allows them to access capital 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 experience.
Since his initial beginnings at the end of his time in High School, Tim Sykes has, since then, earned more than $6 million in profits during his long and successful career as a trader. At 25 years old Tim Sykes had received more exposure and a wider impact as a participant in the reality series “Wall Street Warriors.” Then, he made use of the show 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 of openness, and to allow the community to rise and compete with each other on the platform.
The Profit.ly Gurus
One of Profit.ly’s most appealing features is the vast array of education resources, trade alerts, and other helpful stuff provided by the platform’s in-house gurus. Gurus are referred to the experts in trading who have made significant amounts of profit from their combined years of experience. Tim Skyes Profitly Trades
At its height, Profit.ly had housed up to five gurus. Each of them a pro in their field of expertise within the world of trading. Some of the most famous gurus included Connor Bruggermann, Nathan Michaud of Investors Underground, and Triforce, among a few others. As of this writing, there are only two gurus who remain on this platform: Founder of the penny stock market Tim Sykes and veteran smallcap swing trader Paul Scolardi, also known as Superman. When we take that into account we’ll take a look at what packaged deals each guru can offer.
From Tim Sykes Tim Sykes: Tim’s Alerts
Sykes provides basic stock trading services that focuses on penny-priced day trading with Tim’s Alerts. At $74.95 monthly, you will see him focus on the fundamental stock catalysts and use them to anticipate the next possible moves in trading.
A single purchase in Tim’s Alerts will get you access to the chatroom as well as the mobile application that is available to 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 that has been upgraded of the Tim’s Alerts program. It costs $149.95 per month, this is an ideal plan for those who are involved in the penny-stock market. Pennystocking Silver comes with all the standard features found in prior plans, which includes swing trading alerts as well as unlimited access to an extensive library of over 7,000 educational videos that are updated each week.
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In “Superman” Paul Scolardi: Superman Alerts
Scolardi, who goes by the alias “Superman,” is a professional in swing trading with an eye for both tiny-cap massive stocks as well as wildly accurate marketing forecasts. Since he began as a trader, Superman has amassed over $5.5 million in all-time trading profits. Tim Skyes Profitly Trades
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 daily premarket stock watchlist as well as the mobile app, daily market commentary in real-time, and 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. On top of the essentials featured in the Alerts package, Superman Pro gives you weekly video lessonsthat include an ever-growing library of other previous ones. On top of that you’ll also have the ability to access premium reports on research and the IPO or earnings monitor.
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 resources to get you up and running. The platform has three membership levels, each designed for traders with different levels. Let’s take a look at what these three are and how much they will cost you.
Novice Plan
The package called Novice is Profit.ly’s basic plan that is designed specifically for those who are new to the trading world. When you sign to this plan you’ll be offered a range of strong and indispensable trading tools, all one of them essential in keeping your fingers on what we call a competitive procedure in its own.
Some of the features you can accomplish with Profit.ly’s Novice package include the ability to verify the results of your trades and track profit as well as leading, following, and even messaging your fellow traders; and giving feedback on the trades of today. You’re also allowed to get on leaderboards; analyze, sort, and filter your trades and, finally, see other people’s statistics.
The Novice plan will cost $29.95 per monthly payment. Although it looks attractive just by the price, there is a downside. You aren’t able to create a personal profile, which makes your activities publicly available. If you’re interested in get access to this feature, you should be watching for us to introduce to you Profit.ly’s new plan.
Trader Plan
The Trader plan allows you to take advantage of a majority of features from the novice plan. In this plan, that you are able to create a private profile to share with fellow associate users all your knowledge and information you have gained from trader’s community.
The price is $49.95/month, Profit.ly’s Trader plan will do what the name implies: Cater to those who desire to improve their trading skills. Although it’s a nice thing however, there’s a crucial feature that is missing. In contrast to the Novice package, you will not be able to view other traders’ stats, which could be a problem for some who may be looking forward to this tier. Tim Skyes Profitly Trades
Pro Plan
The Pro plan is the most premium package that Profit.ly can offer to experienced traders. At $74.95 monthly, which includes an additional 22% discount for annual billing This plan offers it all. You will have full, unrestricted access to all features of the previous plans.
Not only do you get to look at other people’s statistics and data, but you also have the option of creating an individual profile. These two features are plus the other advantages you’ll be able to use to the fullest potential. If you’re looking for an option that gives all the features you need to be an experienced trader, the Pro tier could be ideal for you!
Profit.ly’s Other Services
In addition to the trainer tools and Leaderboards Profit.ly has a few additional services that it can provide. One of them is the online store, which allows users to select from a variety of instructional videos that are created to provide guidance on the ins and outs of trading. All of the products featured on this page of the website is available to be immediately purchased for personal use. Among these products include best-sellers such as”Trading Tickers, “Trading Tickers” series by trading expert Tim Grittani, Timothy Sykes’s collection of DVDs, streaming-only content about short stocking, penny stocking, and all other aspects of trading. There are also clips and footage taken from the Annual Pennystocking Conference, and items from other experts in trading.
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The integrated chat rooms are included in Profit.ly’s variety of services and features. You may be familiar with the chat room as you can find it throughout social and messaging platforms as well as some specialty websites that offer live chat support. However, in Profit.ly, it is seen as a real-time place where gurus and their member traders can communicate and learn in real time. Every guru has their own style when it comes to running their chat room and in dealing with the members there. One might be a laid-back person who is rarely active, while another may be more active and in touch in their interactions with students. Think of chatrooms as Profit.ly’s version of the forum in the essence.
Who is the best Trader for Profit.ly?
Profit.ly’s diverse range of products and features caters to the wide range of stock traders, ranging from beginners to experienced pros. With the variety of deals it has to offer this platform definitely has something for every person.
Beginners, for instance, will enjoy Profit.ly’s collection of educational materials available across the platform. They will also get daily videos and chat room tips from its in-house gurus and their members. Additionally, they can select from the products in its online store that they can take with them wherever they may travel. You can also get hands-on experiences from trading within the platform, but ultimately they’ll realize that this is a high-stakes game that shouldn’t be taken as a joke.
For the traders with years of exposure down the line, we see Profit.ly equally suited for them as it is for the newcomers. While novice traders may not be as well-equipped with dealing with trading issues, the pros already understand the way it functions and the plethora of risks that come with it. In the ideal scenario, they can use Profit.ly’s array of features to their best advantage to develop their trading abilities. Like beginners, they can learn from the experts and experts , and use those quick tips and tidbits throughout the process.
Profit.ly’s “all-inclusive” nature doesn’t just apply to newbies or semi-experienced trader. Experts who have been verified can also participate in the enjoyment! Trade professionals who are on similar levels to Superman and Tim Sykes can also use up Profit.ly’s capabilities to showcase their expertise to other traders in order to navigate them through the ever-changing trading process. Tim Skyes Profitly Trades
Profit.ly’s Pros and Pros and
The Pros
- Profit.ly’s numerous capabilities as a “one-stop’ platform for trading stocks allows traders across the globe with tons of learning, communication, and trading tools
- You’ll be taught by experts and tips from the internal experts, which include video libraries that teach you how to learn and real-time trading activities
- You’re guaranteed transparency throughout Profit.ly with precise analytics as well as fellow traders who are ready to reach you when something goes wrong.
- The leaderboard feature on the platform gives you the chance to establish your credibility as a trustworthy and verifiable trader
- In addition to its primary features, Profit.ly also gives its users extra options to suit their needs, like posting trades that are not authentic by taking photographs
- Profit.ly’s variety of subscription plans and guru packages are priced at a reasonable cost There’s something for every person
The Cons
- Profit.ly’s abundance of packages and products offered may be too much for most of its users
- If traders decide to open any kind of trade, there’s an opportunity that some them will profit by picking the most profitable trades to improve their ratings this could be a problem that shouldn’t be simply overlooked
- Profit.ly will not allow refunds as its premium users will immediately benefit from the many features the platform is able to provide
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The Final Concluding Question The Final Verdict: Is Profit.ly worth it?
If we could think of the answer, it would be a ‘yes’. But you need to understand 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, you should have the ability to think with an open heart. Tim Skyes Profitly Trades
What we do mean”yes” is that it can be a great learning tool. Those who may be stuck could find Profit.ly’s array of resources useful as they do their best to reduce losses and be more successful than they did before. It’s not only the struggling traders that will benefit from this platform. It will be able to accommodate beginners as well as even experts in the field!
So, if you genuinely desire to be more successful in trading and would like to be taught by your mentors and peers throughout the process, then look no further – Profit.ly may be a great choice to start.
FAQ Tim Skyes Profitly Trades
What are the best ways to use Profit.ly to post your trades?
Profit.ly offers an entry section for trades under the ‘My Trade section of the dashboard that allows you to post your trades that are verified or not. There are three options:
- Connecting your account to your brokerage of choice and then importing transactions directly through there
- Manually entering your trades using specified spaces and information.
- Take a photo of your trades
How do I know whether the trade can be verified or not?
If you import your trade from a trusted brokerage, there is an excellent likelihood that it can be verified. This is shown by the blue check mark. If you submit the information manually or via screenshots, it will automatically be classified as unverified.
The drawback of posting an unauthentic trade is the risk of getting downvotes from your fellow peers. Too many downvotes may result in you appearing on the Madoff leaderboard, where people can see who’s dishonest in posting trades.
Is the Profit.ly mobile application still available?
As of this writing, Profit.ly is still available to download from the Apple App Store and the Google Play store. The mobile version of the app works with all functioning tablets and smartphones.
How many are connected to Profit.ly?
Profit.ly is currently home to over 150,000 investors and traders, since they’re not just seeking to make the most profit but also help each other develop and grow in their ability to take advantage of opportunities in the stock market left and right.
