The stock market can be a high-stakes game. On certain days, you may be reaping the benefits of pleasing and positive numbers. On other days, however you may experience the opposite, and it may sometimes be very difficult to return to where you were at your most productive. If you find yourself constantly stuck in the gutter You will need be aware that relying solely on your instincts and preserving is not always enough.
If you’ve suffered loss 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 fellow traders from around the globe. That’s why we’ve identified an option that can help you to improve your performance within the field. In this review, we’ll be taking 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.
Total Rating: 4.1/5 Tim Sykes 90 Day
User Experience: 4.5/5
Profit.ly can be described as an online platform for trading that permits traders of all levels to be informative and accountable, as well as transparent and encouraging one another through its wide variety of tools and features like trade verification, chat rooms and a rich library of educational content.
What exactly is Profit.ly?
Profit.ly is a trading site that serves both as a learning and education platform for people who are just beginning their journey and also as a platform for experienced traders to track their performance with the help of advanced analytics tools. Offering users a broad range of resources for trade and communication, it helps traders from every field of business connect with each other. It offers gurus with worthwhile investments within the confines of this platform. Imagine it as an online social media platform similar the likes of Facebook and Reddit, but for traders and experts.
Profit.ly independently validates trade performance and then publishes the information from them in the style of leaderboards. The platform for trading is built on transparency and honesty: it guarantees that the trades are valid and won’t allow for fraud as much as is humanly possible. It was founded in the past by penny expert in stock trading and investment guru Timothy Sykes, along with the other expert Michael Mosseri.
One time , during an interview with Forbes publication, Sykes declared that Profit.ly was driven by its focus “on showing every trade, something that has never been done before.” This idea Sykes said served two goals: 1.) making public records for everyone, not just the experts and newsletter writers and students as well as) making it possible for everyone on the platform to learn from the losses and wins for the trading industry’s benefit. Tim Sykes 90 Day
How Does It How Does It
Profit.ly is a subscription-based platform which allows stock traders to have access to a range of tools and services that are geared towards achieving the success of their business. You can create an account at no cost, however you’re limited to the capability to browse the leaderboard and follow the activities of non-gurus. If you’re ready to invest your money and see which stocks the gurus are trading in real-time, you will need to subscribe to any of Profit.ly’s offers, which we will review in the coming days.
Making an account simple: Create an account that includes your personal information and skills, join to your brokerage account, and you’ll be given the chance to climb your way to at the very top of the list. Profit.ly’s leaders’ board feature as 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 only a chance to demonstrate that you’re worthy to the large group of traders. You are also able to use Profit.ly to purchase from a guru with the confidence that you are confident with their expertise and the credibility of their assertions.
If you are unsure about the idea of sharing information about your account with a brokerage, then you could choose to publish your trades, verified or otherwise, through pictures. Also included in Profit.ly are a variety of courses in trading, the ability to view the stats of a trader’s account, and more ways to communicate with your gurus in the chatroom, as well as notifications via email or text as well as updates.
Meet the Founder: Tim Sykes
Timothy Sykes is a well-renowned day trading personality who is famously known for his efforts in penny stock trading. According to Investopedia Penny stock is a small business’s stock which trades at less than $5 per share. The trading of penny stocks is an avenue for small-scale businesses to make the transition to a market that is larger as it allows them to access capital from the public. However, don’t get it wrong – it can also be an extremely risky game, as Sykes can surely tell thanks to his years of expertise.
Since his initial beginnings in his late years in High School, Tim Sykes has, since then, earned an estimated $6 million profits through his lengthy career as a trader. When he was 25 years old, he had been given greater exposure and an even wider influence over time when he became part of the reality series “Wall Street Warriors.” He then used the opportunity to create trading rooms and penny stock themes and educational content geared toward those who are new to the trading field. He also helped to establish Profit.ly as a place for openness, and to allow the community to rise and compete against each other on the platform.
The Profit.ly Gurus
One of Profit.ly’s sweet inclusions is the variety of education resources, trade alerts, and other helpful stuff provided by the platform’s in-house gurus. These gurus refer to experts in the field of trading who have earned substantial amounts of money from their combined years of expertise. Tim Sykes 90 Day
At its height, Profit.ly had housed up to five gurus, each of them a professional in their field of expertise in the field of trading. Some of the most prominent gurus included Connor Bruggermann, Nathan Michaud of Investors Underground, and Triforce as well as a handful of others. As of this writing, however, only two gurus remain on this platform: the founder of the penny stock market 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 can offer.
From Tim Sykes: Tim’s Alerts
Sykes offers a basic stock trading service which focuses on penny-stock day trading via Tim’s Alerts. The cost is $74.95 monthly, you will observe him focus on fundamental catalysts for stocks and utilize them to predict the next moves that could occur when trading.
A purchase on its own in Tim’s Alerts will get you access to the chatroom as well as the mobile app available for iOS as well as Android devices, email, text, and push alerts; as well as a daily watchlist of stocks.
Tim Sykes: From Tim Sykes: The Pennystocking Silver Package
Pennystocking Silver is the premium version, with an upgraded version of Tim’s Alerts package. It costs $149.95 for a month this is the perfect plan for those who are invested in penny stock trading. Pennystocking Silver includes all the basic features found in prior plans, including swing trading alerts and unlimited access to a rich collection of more than 7,000 educational videos and new videos released weekly.
In “Superman” Paul Scolardi: Superman Alerts
Scolardi who goes under the alias “Superman,” is a professional in swing trading with an eye for massive stocks of the small-cap size and insanely accurate marketing forecasts. Through the years since when he first started trading, Superman has amassed over $5.5 million in total trading earnings. Tim Sykes 90 Day
The Superman Alerts plan is an package of vital features and trading alerts targeted towards those who might be interested. For $147/month, you’ll get access to the daily premarket stock watchlist along with the mobile app, daily market commentary in real-time, and email and SMS alerts.
In “Superman” Paul Scolardi: Superman Pro
For $247 per month, you can enjoy additional features and access to the extensive knowledge base of information provided by Superman himself, via Superman Pro. Superman Pro package. Alongside the standard features included in the Alerts package, Superman Pro gives you daily video lessons, which include a growing library of all the previous ones. On top of that you’ll also have access to premium research reports and the IPO and earnings tracker.
Profit.ly plans and costs
If you’re ready to join the world of online trading and leave your mark on the market, Profit.ly has the right amount of resources to get you started. The platform offers three membership levels, each designed for traders of different levels. Let’s break down what these three are and how much they’ll cost you.
The package called Novice is Profit.ly’s entry-level plan designed especially for people who are brand new to the world of trading. When you sign up for this package you’ll be provided with a variety of powerful and essential trading tools, each one of them essential in keeping your fingers on what could call a ruthless process in and of itself.
Among the list of things you can accomplish with Profit.ly’s Novice program is the capability to check trades and track profits as well as leading, following and even chatting with other traders; and giving feedback on the trades of today. You can also get on leaderboards; analyze your trades, sort as well as filter trades and, lastly, view other’s stats.
The Novice plan will cost $29.95 per month. Although it looks attractive just by the price, there is a downside. It isn’t possible to create a private account, making your activities publicly available. If you’re looking to have access to this feature, stay tuned as we introduce to you Profit.ly’s next strategy.
The Trader Plan
The Trader package allows you to use a majority of features from The Novice package. It is in this plan that you are able to create a private profile to share with other associate users all the insights and information you have gained from trader’s community.
Costing $49.95/month, Profit.ly’s Trader plan does what the name suggests catering people who want to develop their expertise in trading. As nice as it seems, there is one significant aspect that’s not included. As opposed to the prior Novice package, you won’t be able view other traders’ stats this might be a drawback for those anticipating this level. Tim Sykes 90 Day
The Professional plan can be described as the most premium package that Profit.ly offers to experienced traders. It costs $74.95 per month, which includes 22% off for annual billing This plan offers everything. You get full, no-holds-barred access to all the features of the prior plans.
Not only do you get to view other people’s stats and data, but you also have the opportunity to create an individual profile. Both of these features, on top of all the advantages that you can utilize to the fullest potential. If you’re looking for a plan that can serve you with everything you require as trader with experience, the Pro tier could be for you!
Profit.ly’s Other Services
Apart from the trainer tools and Leaderboards Profit.ly has a few other services they offer. One of them is the online store, where customers can select from a variety of instructional videos that are designed to inform and provide guidance on the ins and outs of trading. The products listed on this page of the website can be bought immediately for your personal use. Some of these include bestsellers like”Trading Tickers,” the “Trading Tickers” series by trading professional Tim Grittani, Timothy Sykes’s collection of DVDs and streaming-only content on penny stocking, short stocking, and all other aspects of trading. There are also clips and footage taken from the Annual Pennystocking Conference, and products from other expert traders.
Chat rooms integrated into Profit.ly are as well part of Profit.ly’s array of features and services. You are probably 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 support. But on Profit.ly, it is seen as a real-time space where experts and their member traders can communicate and exchange knowledge in real-time. Every guru has their own style in running their chat rooms and dealing with the listed members. One of them may be a laid-back person who is rarely active, while another may be more active and in touch with their 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 are geared towards an array of stock traders, ranging from beginners to experienced pros. Given the wide range of options it has to offer this platform definitely has something for every person.
Beginners, for instance, will enjoy Profit.ly’s library of learning materials available across the platform. In addition, they will be enriched with weekly videos and chat room tips by its internal gurus as well as their members. They’ll also be able to select from the products from its online store to carry with them wherever they travel. You can also get hands-on experience trading on the platform, however, they will soon learn that the process is a high stakes game that shouldn’t be taken as an opportunity to make fun of.
For traders who have years of exposure down the line, we see Profit.ly as equally as suitable to them as the newcomers. While the newbies may not be as adept at dealing with trading issues however, experienced traders know the way it functions and the plethora of risks that come with it. It is ideal to use Profit.ly’s variety of features to their best advantage to enhance their trading skills. Like novices, they can learn from the experts and experts and utilize those quick tips and tidbits throughout the process.
Profit.ly’s “all-in” approach doesn’t just apply to newbies as well as semi-seasoned traders. Experts who have been verified can also participate in the excitement! Trade professionals who are on the same level as Superman or 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 assist them in the ever-changing trading process. Tim Sykes 90 Day
Profit.ly’s Pros and Cons
- Profit.ly’s many capabilities as a “one-stop” platform for trading stocks allows traders across the globe with a wealth of education tools, communication, and trading tools
- You get to receive excellent training and tips from the internal experts, which include collections of educational videos as well as trading in real-time.
- You can be sure of complete transparency through Profit.ly with accurate analytics and fellow traders that are waiting to reach you out whenever something happens
- The leaderboard feature of the platform offers you the opportunity to increase your reputation as a reliable and dependable trader
- In addition to its primary features, Profit.ly also gives its customers extra options that can be tailored to their individual preferences, for instance, posting unauthentic trades via images
- Profit.ly’s variety of subscription levels and guru packages are priced at a reasonable cost There’s something for every person
- Profit.ly’s bountiful stream of packages and services offered could not be enough for the majority of its customers
- As traders may opt to post any kind of trade, there’s the possibility that some of them could profit from selecting the best trades in order to boost their rating This could be a concern that should not be ignored.
- Profit.ly will not allow refunds because its premium users are expected to immediately benefit from the number of features the platform is able to provide
The Final Verdict is: Is Profit.ly Worth It?
If we could think of an answer to this question, it would be a ‘yes’. However, you must realize that this platform shouldn’t be viewed as a scheme to get rich quick. It wasn’t designed to be used for this reason. Instead, you should have curiosity. Tim Sykes 90 Day
What we mean”yes” is that it is a fantastic learning tool. Those who may be stuck could be able to find Profit.ly’s range of resources to be helpful as they do their best to avoid losses and be more successful than before. Not only poor traders that can profit from the platform. It can accommodate beginners and even experts!
If you truly desire to be more successful in trading and would like to be taught by your fellows and gurus along the way, then take a look at Profit.ly. Profit.ly may be a great alternative to start.
FAQ Tim Sykes 90 Day
How can you make use of Profit.ly to publish your trades?
Profit.ly has an entry section for trades within the My Trade’ category of the dashboard that allows you to post your trades, verifiable or otherwise. There are three options:
- Linking your account to the broker of choice and import transactions directly through there
- Manually entering your trades using specified spaces and information.
- Upload a screenshot of your trades
How do I know whether the trade is authentic or not?
If you buy your trade through a reliable brokerage, there is the likelihood that it can be verified. This is evident by the blue check mark. If you submit it in a manual way or by taking pictures, it will be classified as unverified.
The drawback of posting an unauthentic trade is the chance of receiving downvotes from friends and colleagues. Too many downvotes may cause you to be listed at the top of the Madoff leaderboard, which is where the public can see who’s untruthful in submitting trades.
Does the Profit.ly mobile app still available?
At the time of writing, 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 operating tablets and smartphones.
How many people are using Profit.ly?
Profit.ly currently houses more than 150,000 investors and traders, since they’re not just trying to maximize profits but also help each other grow and learn more about acquiring opportunities in the stock market left and right.