The stock market can be a high-stakes game. On certain days, you could be reaping the benefits of positive and satisfactory numbers. On other days, the opposite may happen, and it may sometimes be extremely difficult to return to where you were your peak. If you are immersed in the water You will need to recognize that relying on pure instinct and preservation is not always enough.
If you’ve been incurring loss from time to time and you’re likely to require solid advice from seasoned and tested trading experts. Additionally, you’ll require a significant boost from your colleagues in the market from all over the world, which is why we’ve found a platform that can support you to improve your performance in the industry. We’ll be taking a 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. Do check out our article below, however, because it has a comprehensive overview of Profit.ly.
Total Rating: 4.1/5 Tim Sykes 2021 Reviews
Value: 4.1/5
Quality: 4.1/5
Costs: 4.1/5
User Experience: 4.5/5
Summary
Profit.ly can be described as an online platform for trading that permits traders of all levels to be knowledgeable, transparent, accountable, and encouraging each other through its broad range of features and tools like chat rooms, trade verification, and an enriched library of educational content.
What is Profit.ly?
Profit.ly is a trading site which serves as a training and learning platform for people who are just beginning their journey 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 for communication and trade and letting traders from all walks of life connect with one another. It offers gurus with worthy investments within the boundaries of this platform. Imagine it as an online social media platform similar to Facebook and Reddit but with a focus on traders and experts.
Profit.ly independently validates trade performance and posts all the data from them in the style of leaderboards. The platform’s trading model is based on honesty and transparency: it ensures that the transactions are legitimate and will not tolerate inauthenticity as much as it is possible. It was established in the past by penny expert in stock trading and investment expert Timothy Sykes, along with the other expert Michael Mosseri.
In an interview with Forbes magazine Sykes declared that Profit.ly was motivated by its focus “on the transparency of every trade, something that was never done before.” The concept Sykes said served two objectives: one) making public records for all traders, not just the gurus and students and newsletter writers and secondly) allowing everyone on the platform to be enlightened by both the wins and losses to benefit the industry of trading. Tim Sykes 2021 Reviews
How Does It Work?
Profit.ly is a subscription-based platform that allows stock traders to benefit from a variety of services and features geared toward the success of their business. It is possible to create an account there for free, but you’re only given the ability to navigate through the leaderboard and follow the activities of people who aren’t gurus. If you’re ready to invest your money to see which stocks the gurus are trading in real-time, you will need to join one of Profit.ly’s deals, which we will discuss in the near future.
The process of opening an account is simple: Create an account that includes your personal information and knowledge, then connect to your brokerage account and you’ll have a chance to shoot your way to high on the leaderboard. Profit.ly’s Leaderboard function, which was mentioned previously it is designed to provide its users a look at how the community of traders performs and its experts. You’re not just allowed to demonstrate your worth to a large group of traders, as you can also use Profit.ly to shop with a professional with the assurance that you’re comfortable with their expertise and the legitimacy of their assertions.
If you’re not comfortable with the idea of sharing information about your account with a brokerage, you can opt to post your trades, verified or not, via screenshots. Included in Profit.ly are a variety 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 trader who is famously known for delving his hands into the penny-stock market. According to Investopedia the term “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 opportunity for small-scale businesses to make the transition into a larger market because they can access capital from the general public. But don’t be mistaken – it can also be an extremely risky activity, as Sykes will be able to tell you because of his decades of expertise.
From his beginnings in his late years in the high schools, Tim Sykes has, since then, made more than $6 million in profit through his lengthy career as trading professional. When he was 25 years old Sykes was given more exposure and a wider impact as a participant in the reality series “Wall Street Warriors.” Then, he made use of the show to create trading rooms and penny stock themes as well as educational content targeted at those who are new to the trading field. He also helped to establish Profit.ly as a place for transparency, and for the community to lift each other up and compete through the platform.
The Profit.ly Gurus
One of Profit.ly’s sweet inclusions is the wide range of learning sources, trade alerts and other useful stuff offered by the platform’s in-house gurus. Gurus are referred to the experts in trading who have made significant amounts of profit from their collective years of knowledge. Tim Sykes 2021 Reviews
At its peak, Profit.ly had housed up to five gurus, each of them a professional in their niche in the field of trading. Some of the most famous experts included Connor Bruggermann, Nathan Michaud of Investors Underground, and Triforce, among a few others. As of this writing, however, only two gurus remain on the platform: Founder as well as penny-stock trader 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 the packages each guru offers.
From Tim Sykes: Tim’s Alerts
Sykes provides a basic stock trading service which focuses on penny-stock day trading via Tim’s Alerts. At $74.95 monthly, you will see him focus on the basic stock catalysts and employ them to predict the next possible moves in trading.
A purchase on its own 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. At $149.95 monthly, this is a great option for those who are involved in investing in penny stocks. Pennystocking Silver comes with all the standard features found in prior plans, which includes swing trading alerts as well as unlimited access to a rich library of more than 7,000 instructional videos and new videos released weekly.
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In “Superman” Paul Scolardi: Superman Alerts
Scolardi who is known under the alias “Superman,” is a trader who has an eye for small-cap monumental stocks and crazy-accurate marketing forecasts. Since when he first started trading, Superman has amassed over $5.5 million in total trading earnings. Tim Sykes 2021 Reviews
The Superman Alerts package is his offering of essential features and trading alerts targeted towards those who might be interested. For $147 per month, you’ll gain access to the daily stock watchlist that is premarket and the mobile application, daily market updates in real-time, as well as E-mail and SMS alerts.
From “Superman” Paul Scolardi: Superman Pro
For $247 per month, you can enjoy additional features and access to an extensive base of knowledge of information provided by Superman himself, via Superman Pro. Superman Pro package. In addition to the basic features featured in the Alerts plan, Superman Pro gives you daily video lessons, which include an ever-growing library of other previous ones. Additionally you’ll also gain 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 leave a mark in the market, Profit.ly has the right amount of resources to help you up and running. The platform has three membership levels that cater to traders with different levels. Let’s look at what the three tiers are and how much they’ll cost you.
Novice Plan
This package for novices is Profit.ly’s basic plan that is designed specifically for people who are brand new to the trading community. When you sign up for this plan you’ll be given a slew of robust and indispensable trading tools, each of which is essential to keep your fingers on what we call a competitive procedure in its own.
Some of the features you can do with Profit.ly’s Novice package include the ability to verify the results of your trades and track profit; leading, following and even texting your fellow traders; and providing feedback on trades today. It also allows you to be onto leaderboards; study your trades, sort or filter the trades you make and, finally, see other’s stats.
The Novice plan costs $29.95 per month. Although it might look appealing just by the price but there’s a disadvantage. You can’t create a private profile, thus making your personal information public. If you’re interested in have an account with this option, be watching for us to introduce to you Profit.ly’s new plan.
The Trader Plan
The Trader package allows users to benefit from many of the features of the novice plan. This plan allows that you can create a private profile for sharing with fellow associates all your insights 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 improve their skills in trading. As nice as it seems but there’s one important feature that is missing. Unlike the previous Novice package, you will not be able view other traders’ stats this could be a disadvantage for those eager to try this new tier. Tim Sykes 2021 Reviews
Pro Plan
The Pro plan is the most premium package that Profit.ly could offer for seasoned traders. At $74.95 monthly, with a 22% discount when billed annually the Pro plan has everything. You get full, no-holds-barred access to all features from the two prior plans.
You’re not only able to see other users’ stats, but you’re also given the option of creating your own private profile. These two features are on top of all the advantages that you can utilize to the maximum extent. If you’re in search of an account that will give you everything you need as a skilled trader, maybe the Pro plan is for you!
Profit.ly’s Other Services
Apart from the trainer tools and leaderboards, Profit.ly provides a variety of additional services that it can offer. One of these is its online store, which lets users select from a variety of instructional videos that are created to help you understand the nuances and pitfalls of trading. All of the products featured on this page of the website can be bought immediately for your personal use. Among these products include best-sellers like”Trading Tickers, “Trading Tickers” series by trading specialist Tim Grittani, Timothy Sykes’s collection of DVDs and streaming-only content related to penny stocking, short stocking, as well as all 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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Chat rooms integrated into Profit.ly are included in Profit.ly’s array of services and features. You may be familiar with the chat room as you can find it throughout social and messaging platforms, and also on a few specialty websites that offer live chat support. However, in Profit.ly it’s seen as a hands-on area where experts and members trade and learn in real time. Each guru has their style in operating their chat room and dealing with the listed members there. Some may be more laid back and rarely active, while another may be more interactive and online in their interactions with students. Think of chat rooms like Profit.ly’s version of the forum in essence.
Who is the Ideal Trader for Profit.ly?
Profit.ly’s diverse range of products and features cater to an array of stock traders, ranging from beginners to experienced pros. Given the wide range of options it offers it is certain to have something for all.
For instance, newbies will enjoy Profit.ly’s library of learning materials available across the platform. Not only will they be provided with videos every week and chat room advice by its internal gurus as well as their members. Additionally, they can pick from the merchandise available in its online store to carry with them wherever they go. They can also gain hands-on experiences from trading within the platform, but ultimately they’ll realize that this is a high-stakes game that should not be viewed as an opportunity to make fun of.
For traders who have decades of experience in the line, we believe Profit.ly equally suited for them as it is for the newcomers. Although the novices might not be as proficient in managing trading, the pros already understand how it works along with the risky mix that it carries. In the ideal scenario, they can utilize Profit.ly’s range of features to their best advantage to enhance their skills in trading. Like novices, they can study from the gurus as well as experts, and take advantage of short tips and tricks throughout the process.
Profit.ly’s “all-in” approach isn’t limited to novices 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 and Tim Sykes can also use Profit.ly’s capabilities. Profit.ly’s abilities to show off their expertise to other traders as a way to help navigate them through the ever-changing trading process. Tim Sykes 2021 Reviews
Profit.ly’s Pros and Cons
The Pros
- Profit.ly’s diverse capabilities as a ‘one-stop’ stock trading platform enable traders from all over the world with an abundance of knowledge, communication, and trading tools
- You will be taught by experts and advice from the company’s inside experts, as well as libraries of educational videos and real-time trading activities
- You’re guaranteed transparency throughout Profit.ly by using accurate data as well as other traders who are ready to reach you out whenever something happens
- The leaderboard feature on the platform gives you a way to build your credibility as a trustworthy and dependable trader
- Apart from its core features, Profit.ly also gives its customers extra options that can be tailored to their preferences, such as posting unverifiable trades through images
- Profit.ly’s variety of packages and subscription levels are priced at affordable rates There’s something for everyone
The Cons
- Profit.ly’s bountiful stream of products and packages offered might not be enough for the majority of its customers
- Since traders can choose to make any type of trade, there is the possibility that some of them may take advantage by cherry-picking the best trades to improve their ratings This could be a problem that shouldn’t be overlooked.
- Profit.ly does not offer refunds, as its premium users are expected to immediately benefit from the many services that the platform can provide
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The Final Concluding Question The Final Verdict: Is Profit.ly Valued?
If we could think of the answer, it would be yes. But it is important to realize that the platform should not be used as a quick-fix scheme to make money. The platform was not always designed to be used to achieve this goal. Instead, it is best to keep the ability to think with an open heart. Tim Sykes 2021 Reviews
What we mean by ‘yes’ is that it can be a great learning tool. People who are stuck might be able to find Profit.ly’s variety of resources to be helpful as they do their best to reduce losses and be more successful than before. Not only struggling traders who will benefit from this platform. It will be able to accommodate beginners as well as even experts!
If you truly want to become better at trading and wish to be taught by your peers and experts throughout the process, then take a look at Profit.ly. Profit.ly may be a great choice to start.
FAQ Tim Sykes 2021 Reviews
How can you make use of Profit.ly to make your trades public?
Profit.ly has an entry section for trades under the “My Trade category on the dashboard. It allows you to post your trades that are verified or not. There are three options:
- Linking your account to the brokerage of choice and importing transactions directly through there
- Manually entering your trades into specified spaces and information.
- Send a screen shot of your trades
How can I tell whether the trade can be verified or not?
If you purchase your trade from a trusted brokerage, there’s the likelihood that it can be verified. This is evident 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 chance of receiving downvotes from fellow peers. If you receive too many negative votes, it could cause you to be listed at the top of the Madoff leaderboard, which is where the public are able to identify who is untruthful in submitting trades.
Are the Profit.ly mobile app still available?
As of the moment, Profit.ly is still available to download via the Apple App Store and the Google Play store. The mobile app version is compatible with the majority of working smartphones and tablets.
How many people are currently on Profit.ly?
Profit.ly currently houses more than 150,000 traders and investors, 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 all over the world.
