The stock market can be an extremely risky game. On some days, you could have the benefit of pleasing and positive numbers. On other days, however, the opposite may happen and it could be extremely difficult to return to the point you were at your best. If you find yourself constantly stuck in the gutter, you will have be aware that relying solely on instinct and survival is not always enough.
If you’ve experienced loss from time to time, you’re gonna be needing sound advice from tried-and-tested trading experts. You’re also gonna need an important boost from trading partners from all over the world, which is why we’ve identified an online platform that will help you to improve your performance in the industry. In this review, 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. Do check out our article below, however, because it has a comprehensive overview of Profit.ly.
Overall Rating: 4.1/5 Tim Sykes 30 Day Bootcamp Login
User Experience: 4.5/5
Profit.ly can be described as an online platform for trading that enables traders of various levels to be informative responsible, transparent, and uplifting with each other by offering a wide range of features and tools such as chat rooms, trade verification as well as an extensive library of educational content.
What is Profit.ly?
Profit.ly is a site for trading which serves as a learning and education platform for those who are starting out as well as a place for traders with experience to keep track of their performance with the help of advanced analytics tools. It provides users with a vast variety of tools to facilitate trade and communication, it helps traders from every field of business connect with one another. It offers gurus with an opportunity to invest in the right areas of the platform. Consider it the social media equivalent to Facebook and Reddit, but for experts and traders.
Profit.ly independently verifies trade performances and publishes all data from them in the form of leaderboards. The platform for trading is built on transparency and honesty: it guarantees that the transactions are legitimate and will not accept fake news as long as it is possible. It was established many years ago by penny expert in stock trading and investment guru Timothy Sykes, along with his colleague Michael Mosseri.
In an appearance in Forbes magazine Sykes stated that Profit.ly was motivated by its focus “on showing all trades, something that has never been done before.” This idea, he added, served two objectives: one) keeping track of public data for everyone, not just the experts, but also the newsletter writers and students as well as) making it possible for anyone on the platform to be enlightened by both losses and wins for the trading industry’s benefit. Tim Sykes 30 Day Bootcamp Login
How Does It Work?
Profit.ly utilizes a subscription model which allows stock traders to gain access to a multitude of services and features geared toward success. You may set up an account on the site at no cost, however you’re limited to the capability to browse the leaderboard and follow the activities of non-gurus. If you’re interested in investing your money to see which stocks the gurus are trading in real-time it is necessary to sign up to one of Profit.ly’s offers that we’ll go over shortly.
Setting up an account is easy: create an account that includes your personal information and expertise, connect to your brokerage account and you’ll have a chance to shoot your way to the top of the leaderboard. Profit.ly’s Leaderboard function, which was we’ve mentioned earlier it is designed to provide its users an insight into the performance of the trading community and its gurus. It’s not just a way to show that you’re worthy to the community of traders, but you are also able to use Profit.ly to shop with a professional with the assurance that you’re confident in their skills and the legitimacy of their claims.
If you are unsure about the concept of leaking information about your account with a brokerage, then you could decide to share your trades, verified or not, via photographs. Also included in Profit.ly is the huge selection of courses in trading, the ability to view stats in a trader’s profile as well as other ways to interact with your experts through the chatroom along with email and text alerts 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 his involvement in penny stock trading. According to Investopedia, a penny stock refers to a small-sized company’s stock which trades at just less than 5 cents per share. Penny stock trading could be viewed as a stepping stone for small businesses to transition to a market that is larger as it gives them access to funds from the general public. But don’t make the mistake of thinking that it’s also an extremely risky activity, as Sykes is sure to reveal because of his decades of expertise.
Since his initial beginnings in his late years in High School, Tim Sykes has, since then, made over $6 million of profit throughout his illustrious career as trading professional. At 25 years old Tim Sykes had received greater exposure and a larger influence over time when he became part of the reality series “Wall Street Warriors.” Then, he took advantage of it to create trading rooms and penny stock themes as well as educational content targeted at those who are new to trading. He also helped establish Profit.ly as a place for transparency, and for the community to uplift and compete against each other through the platform.
The Profit.ly Gurus
One of Profit.ly’s sweet inclusions is the vast array of education sources, trade alerts and other helpful stuff provided by the platform’s in-house gurus. The gurus in question refer to experts in the field of trading who have earned significant amounts of profit from their combined years of expertise. Tim Sykes 30 Day Bootcamp Login
At its height, Profit.ly had housed up to five gurus. Each of them a pro within their particular field in the field of trading. Some of the most famous experts were Connor Bruggermann, Nathan Michaud of Investors Underground, and Triforce among others. At the time of writing 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. In light of that Let’s look at the packaged offers each guru has to offer.
From Tim Sykes Tim Sykes
Sykes provides basic stock trading services which focuses on penny stock day trading through Tim’s Alerts. Costing $74.95 for a month you’ll observe him focus on basic stock catalysts and employ them to forecast the next possible moves in trading.
A standalone purchase in Tim’s Alerts will get you access to the chatroom and the mobile app available on iOS and Android devices, as well as text, e-mail, and push alerts; and a daily stock watchlist.
Tim Sykes: From Tim Sykes: The Pennystocking Silver Package
Pennystocking Silver is the most premium, upgraded version of the Tim’s Alerts package. Priced at $149.95 per month, it is an ideal plan for those who are more involved in investing in penny stocks. Pennystocking Silver offers all the essential features of the previous plan, including swing trading alerts and unlimited access to a collection of more than 7,000 educational videos and new videos released weekly.
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The following video is from “Superman” Paul Scolardi: Superman Alerts
Scolardi who is known under 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 trading earnings. Tim Sykes 30 Day Bootcamp Login
The Superman Alerts plan is his offer of the most essential features and trading alerts targeted to those interested. For $147 per month, you’ll gain access daily premarket stock watchlist along with the mobile app, the daily market updates in real-time, as well as SMS and e-mail alerts.
In “Superman” Paul Scolardi: Superman Pro
At $247/month, you get additional features, plus access to a knowledgeable base provided by Superman himself through Superman Pro. Superman Pro package. Alongside the standard features featured in the Alerts plan, Superman Pro gives you weekly video lessons, including the growing collection of the previous ones. In addition you’ll also gain an access to high-quality research papers and the IPO or earnings monitor.
Profit.ly plans and costs
If you’re ready to join the trading community on the internet and leave a mark in the market, Profit.ly has the right amount of resources to get you started. Profit.ly offers three membership levels that cater to traders of different levels. Let’s take a look at what these three levels are and what they’ll cost you.
This package for novices is Profit.ly’s basic plan that is designed specifically for those who are just beginning their journey to the trading community. When you sign up for this package you’ll be offered a range of strong and vital trading tools, each one of them essential in keeping your hands on what we can describe as a cutthroat procedure in its own.
Some of the features you can accomplish using Profit.ly’s Novice package is the ability to verify the results of your trades and track profit as well as leading, following and even texting your fellow traders, as well as giving feedback on the trades of today. You can also get onto leaderboards; study your trades, sort as well as filter trades; and lastly, look at other’s stats.
The Novice plan is $29.95 per monthly payment. Although it might look appealing simply because of the price but there’s a disadvantage. You aren’t able to create a personal account, making your actions public. 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 package lets you to take advantage of many of the features of the novice plan. It is in this plan that you can set up an account that is private to share with other associate users all your knowledge and intel in the trading community.
The price is $49.95/month, Profit.ly’s Trader plan is exactly what it says: Cater people who want to improve their skills in trading. As nice as it seems however, there’s a crucial feature that is missing. In contrast to the Novice package, this one won’t be able view other traders’ stats that might be a drawback for some who may be anticipating this level. Tim Sykes 30 Day Bootcamp Login
The Professional plan can be described as the highest premium package that Profit.ly offers to experienced traders. At $74.95 per month, and a 22% discount for billing annually, this tier has everything. It gives you full, unlimited access to all features of the previous plans.
Not only do you get to see other users’ stats, but you’re also given the option of creating your own private profile. Both of these features, plus the other benefits that you can use to their fullest capacity. If you’re in search of a plan that can serve you with everything you require as a skilled trader, maybe the Pro plan is ideal for you!
Profit.ly’s Other Services
Apart from the trainer tools and leaderboards, Profit.ly has a few more services it has to offer. One of these is its online store, which lets users select from a variety of videos designed to inform and guide you through the nuances and pitfalls of trading. All of the products featured in this section of the website is available to be purchased immediately for personal use. Among these products include best-sellers like the “Trading Tickers” series from trading specialist Tim Grittani, Timothy Sykes’s library of DVDs and streaming-only content about penny stocking, short stocking, as well as all things trading-related, clips and scenes from events like the Annual Pennystocking Conference, and products from other expert traders.
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The chat rooms that are integrated are included in Profit.ly’s array of services and features. You are probably familiar with the concept of the chat room since you can find it throughout messaging and social platforms, in addition to a few special websites that offer live chat support. But in Profit.ly, it is seen as a hands-on place where gurus and their members trade and learn in real time. Each guru has their style in operating their chat room and dealing with the members there. Some may be laid back and less active, while another may be more active and in touch in their interactions with students. Think of the chatrooms as Profit.ly’s version of the forum, in essence.
Who is the Ideal Trader for Profit.ly?
Profit.ly’s variety of offerings and features caters to a large variety of stock traders, from novices to experienced professionals. Considering the number of offers it can provide this platform definitely has something for all.
Newbies, for instance, can take advantage of Profit.ly’s library of learning information available on the platform. Not only will they be provided with videos every week and chat room advice from its in-house gurus and members. Additionally, they can choose from the items in its online store for them to take wherever they may travel. Additionally, they can gain practical experiences by trading through the platform, however they’ll realize that trading is a risky game that shouldn’t be treated as an opportunity to make fun of.
For those traders who have had years of exposure down the line, we believe Profit.ly equally suited for them as it is for those who are just starting. While novice traders may not be as well-equipped with managing trading, the pros already understand the way it functions and the stack full of risks that come with it. In the ideal scenario, they can make use of Profit.ly’s range of options to their maximum advantage to enhance their trading abilities. Like novices, they can learn from the experts and experts and utilize those simple tips and hints throughout the process.
Profit.ly’s ‘all-together’ nature doesn’t just apply to newbies and semi-experienced traders. Experts who have been verified can also participate in the fun! People in the trade industry who are on similar levels to Superman as well as Tim Sykes can also use up Profit.ly’s capabilities to showcase their expertise to other traders as a way to assist them in the ever-changing trading process. Tim Sykes 30 Day Bootcamp Login
Profit.ly’s Pros and Cons
- Profit.ly’s numerous capabilities as a “one-stop’ stock trading platform allows traders across the globe with tons of learning tools, communication, and trading tools
- You get to be taught by experts and insights from its inside experts, as well as video libraries that teach you how to learn and real-time trading activities
- You can be sure of complete transparency through Profit.ly with precise analytics as well as other traders that are waiting to reach you out if something occurs.
- The platform’s leaderboard feature gives you a way to build your reputation as a reliable and dependable trader
- In addition to its primary abilities, Profit.ly also gives its customers extra options that can be tailored to their preferences, such as posting unverifiable trades through photographs
- Profit.ly’s wide array of subscription plans and guru packages are priced at affordable rates There is truly something for every person
- Profit.ly’s bountiful stream of products and packages offered might be too much for a lot of its users
- Since traders can choose to make any type of trade, there is an opportunity that some them may take advantage by cherry-picking the best trades to boost their rating This could be a risk that shouldn’t be overlooked.
- Profit.ly does not accept refunds as its premium users are expected to immediately benefit from the number of services that the platform can provide
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The Final Verdict: Is Profit.ly Worth It?
If we were able to come up with the answer, it would be yes. But you need to understand that it shouldn’t be treated as a get-rich-quick scheme. The platform wasn’t originally meant to be designed for this reason. Instead, you should have the ability to think with an open heart. Tim Sykes 30 Day Bootcamp Login
What we do mean”yes” is it can be a great learning tool. People who are stuck might find Profit.ly’s range of resources helpful in their efforts to reduce losses and perform better than before. It’s not just the poor traders that can benefit from the platform. It is able to accommodate novices and even experts in the field!
So, if you genuinely want to become a better trader and want to learn from your mentors and peers on the way, take a look at Profit.ly. Profit.ly is a fantastic alternative to start.
FAQ Tim Sykes 30 Day Bootcamp Login
How do you use Profit.ly to post your trades?
Profit.ly has an entry section for trades within the ‘My Trade section of the dashboard which allows you to post your trades that are verified or otherwise. You may choose between three choices:
- Linking your account to the brokerage of choice and then importing trades directly from there
- Manually entering your trades using provided spaces and specifics
- Send a screen shot 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’s a high chance that it is verifiable. This is indicated with the blue check mark. If you upload it manually or through screenshots, it will automatically be classified as unverified.
The drawback of posting an unverified trade is the possibility of getting downvotes from your friends and colleagues. If you receive too many negative votes, it could cause you to show up on the Madoff leaderboard, where people can detect who’s being fraudulent in posting trades.
Is the Profit.ly mobile app still in use?
At the time of writing, Profit.ly is still available to download from the App Store for Apple and on the Google Play store. The mobile app version is compatible with the majority of working smartphones and tablets.
How many people are using Profit.ly?
Profit.ly is currently home to over 150,000 traders and investors, since they’re not just looking to earn maximum profits but also to help one another learn and improve in acquiring opportunities in the stock market left and right.