Stock trading is a high-stakes game. Some days, you may be reaping the benefits of positive and satisfactory numbers. However, on other days, the opposite may happen, and it may sometimes be extremely difficult to get back to the point you were at your peak. If you’re constantly stuck in the gutter it is important to recognize that relying on your instincts and preserving may not always be enough.
If you’ve been incurring losses from time to time You’ll need reliable advice from tested and tried trading experts. You’re also gonna need a significant boost from your colleagues in the market from all over the world, which is why we’ve found an option that can help you to improve your performance in the industry. We’ll take an in-depth look at Profit.ly A well-respected 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 Tim Skyes Profitly
Value: 4.1/5
Quality: 4.1/5
Costs: 4.1/5
The User’s Experience 4.5/5
Summary
Profit.ly is an online trading platform that allows traders of different levels to be informed and accountable, as well as transparent and to build relationships with each other through its broad range of features and tools including chat rooms, trade verification, and an enriched library of educational material.
How do I define Profit.ly?
Profit.ly is a site for trading which serves as a learning and education platform for traders new to trading and as a hub for traders who are experienced to monitor their performance using the aid of advanced analytics tools. Providing users with a wide range of resources for trade and communication that help traders from every field of business connect with one another. It also allows gurus to make an opportunity to invest in the right areas that the site. Imagine it as the social media equivalent to Facebook and Reddit however it is geared towards experts 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 honesty and transparency: it makes sure that trades are authentic and won’t allow for fraud as much as is humanly possible. It was founded years ago by the penny expert in stock trading and investment guru Timothy Sykes, along with the other expert Michael Mosseri.
One time during his interview for Forbes publication, Sykes declared that Profit.ly was based “on showing the entire spectrum of trades, something which has never been done before.” The concept was, he said, serving two objectives: one) keeping track of public data for not just the gurus and newsletter writers and students, and 2) allowing anyone on the platform to be enlightened by the losses and wins for the trading industry’s benefit. Tim Skyes Profitly
How Does It Perform?
Profit.ly utilizes a subscription model that allows stock traders to have access to a range of services and features geared at achieving success. It is possible to create an account on the site for free, but you’re only given access to the leaderboard and follow the activities of people who aren’t gurus. If you’re looking to invest your money to see which stocks the gurus are trading in real-time it is necessary to join one of Profit.ly’s deals that we’ll discuss in the near future.
Setting up an account is 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 to high on the leaderboard. Profit.ly’s Leaderboard function, which was we’ve mentioned earlier was designed to offer its users an insight into the performance of the trading community as well as its gurus. It’s not just a way to prove your worth to a large group of traders. You can also utilize Profit.ly to purchase with a guru, and have the assurance that you’re comfortable in their skills and the legitimacy of their assertions.
If you are unsure about the idea of divulging your brokerage account, you can opt to post your trades, verified or otherwise, through pictures. Included in Profit.ly are the vast number of trading courses as well as the ability to look at the stats of a trader’s account, and more ways to communicate with your gurus through the chatroom as well as 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 personality who is famously known for delving his hands into trades in penny stocks. According to Investopedia Penny stock is a small business’s shares that trade for just less than 5 cents per share. The trading of penny stocks can be seen as an avenue for small businesses to transition to a large marketplace as it allows them to access money from the public. But don’t make the mistake of thinking that it can also be a high-risk game, which 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, made over $6 million of profits through his lengthy career as a trader. When he was 25 years old Tim Sykes had received greater exposure and an even wider impact when he was a part of the reality series “Wall Street Warriors.” He then used the opportunity to develop trading rooms and penny stock themes and educational material aimed at those who are new to trading. He also helped establish Profit.ly as a place for openness, and for the community to uplift and compete through the platform.
The Profit.ly Gurus
One of Profit.ly’s most appealing features is the vast array of educational sources, trade alerts and other useful stuff offered by the platform’s in-house gurus. The gurus in question refer to the trading experts who have proven to make substantial amounts of money from their collective years of knowledge. Tim Skyes Profitly
At its peak, Profit.ly had housed up to five gurus. Each of them a professional within their particular field in the field of trading. Some of the prominent experts were 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 we’ll take a look at the packaged offers each guru offers.
From Tim Sykes Tim Sykes
Sykes provides an essential stock trading service which focuses on penny-stock day trading via Tim’s Alerts. At $74.95 per month, you will see him focus on the basic stock catalysts and employ them to predict the next moves that could occur when making trades.
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; texts, emails and push alerts; as well as a daily watchlist of stocks.
From Tim Sykes: The Pennystocking Silver Package
Pennystocking Silver is the most premium, upgraded version of the Tim’s Alerts program. It costs $149.95 per month, this is an ideal plan for those who are more committed to the penny-stock market. Pennystocking Silver includes all the basic features found in the previous plan, such as swing trading alerts as well as unlimited access to a 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 name “Superman,” is a trader who has an eye for both small-cap monumental stocks and crazy-accurate marketing forecasts. Through the years since the time he started trading, Superman has amassed over $5.5 million in total trading earnings. Tim Skyes Profitly
The Superman Alerts package is his package of vital features and trading alerts geared towards those who might be interested. For $147 per month, you’ll gain access daily stock watchlist that is premarket along with the mobile application, daily market updates in real-time, as well as E-mail and SMS alerts.
In “Superman” Paul Scolardi: Superman Pro
At $247/month, you get additional features and access to a knowledgeable base of information provided by Superman himself, via the Superman Pro package. Alongside the standard features that are included in the Alerts plan, Superman Pro gives you daily video lessons, which include an ever-growing library of previous lessons. On top of that you’ll also gain access to premium research reports and the IPO as well as earnings tracking tool.
Profit.ly Programs and Costs
If you’re looking to join the trading community on the internet and leave a mark in the field, Profit.ly has the right amount of tools to get you started. The platform has three membership levels that cater to traders with different levels. Let’s take a look at what these three levels are and what they will 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 world. As you sign up for this plan, you will be immediately offered a range of strong and vital trading tools, each one of them essential in keeping your fingers on what could call a ruthless procedure in its own.
Among the list of things you can do with Profit.ly’s Novice package is the ability to verify trades and track profits as well as leading, following and even texting your fellow traders; and providing feedback on trades today. You can also get onto leaderboards; study, sort, as well as filter trades and, finally, see other people’s statistics.
The Novice plan costs $29.95 per month. Although it might look appealing just by the price however, there’s a drawback. You aren’t able to create a personal profile, thus making your activities publicly available. If you’re interested in get the benefit of this service, stay tuned as we introduce to you Profit.ly’s new plan.
The Trader Plan
The Trader package lets you to use many of the features of the novice plan. It is in this plan that you are able to create a private profile to share with fellow associate users all your knowledge and intel in this trading group.
Priced at $49.95/month, Profit.ly’s Trader plan will do what the name implies caters people who want to harness their skills in trading. As nice as it seems, there is one significant element that’s missing. Unlike the previous Novice package, you won’t be able to view the statistics of other traders this might be a drawback for those who are anticipating this level. Tim Skyes Profitly
Pro Plan
The Pro plan is the most luxurious package Profit.ly offers to experienced traders. With $74.95 per month, with an additional 22% discount when billed annually This plan offers it all. It gives you full, unlimited access to all features from the two previous plans combined.
You’re not only able to see other users’ stats and data, but you also have the opportunity to create an individual profile. These two features are plus the other benefits that you can use to the fullest potential. If you’re in search of an account that will give you with everything you require as trader with experience, the Pro plan is ideal for you!
Profit.ly’s Other Services
In addition to the training tools and the leaderboards, Profit.ly provides a variety of additional services that it can provide. One of those is its online store, which allows users to select from a variety of video products created to provide guidance on the nuances and pitfalls of trading. Each of the offerings listed on this page of the website is available to be immediately purchased for personal use. Some of these include bestsellers like the “Trading Tickers” series by trader professional Tim Grittani, Timothy Sykes’s library of DVDs and streaming-only content on short stocking, penny stocking, and other things trading-related, clips and clips of the Annual Pennystocking Conference, and items from other experts in trading.
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The chat rooms that are integrated are as well part of Profit.ly’s range of features and services. You may be familiar with the concept of chat rooms since you will see it on social and messaging platforms, in addition to a few special websites that provide live chat assistance. However, in Profit.ly it’s seen as a area where experts and members trade and learn in real time. Each guru has their style in running their chat rooms and dealing with the members there. One of them may be more laid back and rarely active, while another may be more active and in touch in their interactions with students. Consider chat rooms as Profit.ly’s version of the forum in essence.
Who is the best trader to Profit.ly?
Profit.ly’s variety of offerings and features caters to an array of stock trader types, from novices to experienced professionals. Considering the number of offers it can provide, the platform surely has something for all.
Newbies, for instance, will appreciate Profit.ly’s library of learning materials available across the platform. Not only will they get daily videos and chat room advice by its internal gurus and their members. They’ll also be able to pick from the merchandise available in its online store to carry with them wherever they may be. They can also gain hands-on experiences by trading through the platform, but eventually, they will soon learn that the process is a risky game that shouldn’t be treated as an opportunity to make fun of.
For traders who have decades of experience in the road, we consider Profit.ly equally suitable for them as it is for people who are just beginning. While the newbies may not be as adept at dealing with trading issues, the pros already understand the way it functions and the risky mix that it carries. In the ideal scenario, they can utilize Profit.ly’s variety of features to their best advantage to enhance their trading skills. As beginners, they are able to learn from the experts and experts , and use those short tips and tricks throughout the process.
Profit.ly’s ‘all-together’ nature does not only apply to beginners as well as semi-seasoned traders. Certified experts can also take part in the fun! People in the trade industry who are on the same level as Superman or Tim Sykes can also use Profit.ly’s capabilities. Profit.ly’s capabilities to showcase their skills to others as a way to help guide them through the ever-illustrious trading process. Tim Skyes Profitly
Profit.ly’s Pros and Cons
The Pros
- Profit.ly’s many capabilities as a ‘one-stop’ stock trading platform allows it to provide traders everywhere with a wealth of education communications, trading, and communication tools
- You’ll be taught by experts and insights from its internal experts, which include collections of educational videos as well as live trading activity.
- You’re assured of transparency throughout Profit.ly by using accurate data 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 authentic trader
- Apart from its main features, Profit.ly also gives its customers extra options that can be tailored to their needs, like posting unauthentic trades via photographs
- Profit.ly’s wide array of packages and subscription levels are priced at reasonable prices – there truly is something for all
The Cons
- Profit.ly’s bountiful stream of products and packages offered might not be enough for most of its users
- Since traders can choose to make any type of trade, there is an opportunity that some them will profit by cherry-picking the best trades to improve their ratings This could be a risk that shouldn’t be simply overlooked
- Profit.ly does not accept refunds because its premium users are expected to instantly benefit from the number of features the platform is able to offer
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The Final Concluding Question: Is Profit.ly worth it?
If we could think of an appropriate answer for this query, it’s an affirmative “yes”. However, you must realize that the platform should not be used as a scheme to get rich quick. It wasn’t meant to be designed for this reason. Instead, you should have an open mind. Tim Skyes Profitly
What we are referring to”yes” is that it is a fantastic learning tool. People who are stuck could be able to 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 poor traders that can benefit from this platform. It will be able to accommodate beginners as well as even experts in the field!
If you really care about being better at trading and wish to learn from your fellows and gurus along the way, then take a look at Profit.ly. Profit.ly is a fantastic alternative to start.
FAQ Tim Skyes Profitly
How do you use Profit.ly to post your trades?
Profit.ly includes the option of allowing trade entries within the ‘My Trade’ category of the dashboard. It lets you post your trades, verifiable or otherwise. You may choose between three options:
- Linking your account with your brokerage of choice and importing the trades from that directly
- Manually inputting your trades with provided spaces and specifics
- Upload a screenshot of your trades
How do I know whether the trade can be verified or not?
If you buy your trade from a reputable brokerage, there is an excellent likelihood that it can be verified. This is shown by the blue check mark. If you upload it in a manual way or by taking images, it will be assigned as unverified.
The disadvantage of an unverified trade is the risk of getting downvotes from your colleagues. If you receive too many negative votes, it could cause you to show up in the Madoff leaderboard, which is where the public are able to identify who is dishonest in posting trades.
Does the Profit.ly mobile application still available?
At the time of writing, Profit.ly is still available for download on the Apple App Store and on the Google Play store. The mobile app version is compatible with the majority of working smartphones and tablets.
How many people are currently using Profit.ly?
Profit.ly currently houses over 150,000 investors and traders as they not only are trying to maximize profits but also to help one another learn and improve in acquiring stock market opportunities all over the world.
