Stock trading can be an extremely risky game. On certain days, you may have the benefit of pleasing and positive numbers. On other days it could be the reverse and it can be extremely difficult to get back to the point you were at your most productive. If you are always in the mud it is important be aware that relying solely on your instincts and preserving may not always be enough.
If you’ve experienced 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 trading partners from all over the world, which is why we’ve identified a platform that can support you to improve your performance within the field. In this review, we’ll be taking a look at Profit.ly is a well-known one-stop 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 Alerts Free
Value: 4.1/5
Quality: 4.1/5
Costs: 4.1/5
Users Experience 4.5/5
Summary
Profit.ly is an online trading platform that permits traders of all levels to be informed responsible, transparent, and uplifting with each other through its broad range of features and tools like trade verification, chat rooms as well as an extensive library of educational material.
What exactly is Profit.ly?
Profit.ly is a site for trading which serves as a training and learning platform for traders new to trading as well as a place for traders who are experienced to monitor their performance with the help of sophisticated analytics tools. It provides users with a vast range of resources for trade and communication, it helps traders from all walks of life connect with one another. It also allows gurus to make worthwhile investments within the confines that the site. Consider it a social media site akin like Facebook and Reddit, but for experts and traders.
Profit.ly independently checks the performance of trades and then publishes the information of them in the manner of leaderboards. The platform for trading is built on trust and transparency. it guarantees that the trades are authentic and won’t allow for fraud as much as it is possible. It was founded years ago by the penny stock trade expert and investment guru Timothy Sykes, along with the other expert Michael Mosseri.
In an interview for Forbes publication, Sykes said that Profit.ly was motivated by its focus “on showing every trade, something that was never done before.” The concept Sykes said served two goals: 1.) making public records for not just the gurus and students and newsletter writers as well as) giving anyone on the platform to learn from the losses and wins to the benefit of the trading industry. Tim Sykes Alerts Free
How Does It Perform?
Profit.ly follows a subscription-based model that allows stock traders to have access to a range of tools and services that are geared towards achieving achievement. You may set up an account on the site for free, but you’re only given access to the leaderboard and observe the actions of non-gurus. If you’re looking to invest 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, which we will review in the coming days.
Setting up an account is simple: Create an account with your experience and expertise, connect to your brokerage account and you’ll have an opportunity to make your way up to at the very top of the list. Profit.ly’s leaders’ board feature as previously mentioned, is designed to give its users a glimpse of how the community of traders performs as well as its gurus. It’s not just a way to demonstrate value to a community of traders, but you are also able to use Profit.ly to shop with a guru, and have the confidence that you are confident with their expertise and the legitimacy of their claims.
If you feel uneasy with the idea of divulging the details of your broker account then you could choose to publish your trades, either verified or otherwise, through screenshots. In Profit.ly are a variety of trading courses, the ability to view statistics on a person’s profile as well as other ways to interact with your experts in the chatroom, in addition to 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 guru who is well-known for delving his hands into penny stock trading. According to Investopedia Penny stock refers to a small company’s stock that trades for just less than 5 cents per share. Penny stock trading could be viewed as an avenue for small-scale businesses to make the transition into a larger market because they can access money from the general public. However, don’t get it wrong – it’s also an extremely risky game, as Sykes can surely tell thanks to his years of experience.
Beginning in his late years in the high schools, Tim Sykes has, since then, made an estimated $6 million profits during his long and successful career as trader. When he was 25 years old Sykes was given greater exposure and an even wider impact as a participant in the reality show “Wall Street Warriors.” He then used the opportunity to create trading rooms as well as penny stock themes and educational material aimed at those who are new to the trading field. He also helped establish Profit.ly as a place of openness, and for the community to uplift and compete on the platform.
The Profit.ly Gurus
One of Profit.ly’s most appealing features is the variety of education sources, trade alerts and other useful stuff offered by the platform’s in-house gurus. These gurus refer to the trading experts who have proven to make substantial amounts of money from their collective years of experience. Tim Sykes Alerts Free
At its height, Profit.ly had housed up to five gurus, each of them a professional within their particular field within the world of trading. Some of the most famous experts included Connor Bruggermann, Nathan Michaud of Investors Underground, and Triforce as well as a handful of others. At the time of writing, there are only two gurus who remain on this platform: Founder as well as penny-stock trader Tim Sykes and veteran smallcap swing trader Paul Scolardi, also known as Superman. With that taken into consideration Let’s look at the packages each guru offers.
From Tim Sykes Tim Sykes
Sykes offers basic stock trading services with the main priority being penny stock day trading through Tim’s Alerts. At $74.95 for a month you will be able to see him concentrate on the fundamental stock catalysts and use them to predict the next move that is possible when trading.
A standalone purchase in Tim’s Alerts will get you access to the chatroom and the mobile application that is available for iOS and 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 most premium version, with an upgraded version of Tim’s Alerts program. At $149.95 per month, it is a great option for investors who are involved in the penny-stock market. Pennystocking Silver comes with all the standard features of earlier plans such as swing trading alerts and unlimited access to a rich collection of more than 7,000 educational videos and new videos released each week.
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In “Superman” Paul Scolardi: Superman Alerts
Scolardi who goes under the alias “Superman,” is a trader who has an eye for both tiny-cap massive stocks as well as wildly accurate marketing forecasts. In the time since the time he started trading, Superman has amassed over $5.5 million in all-time trading profits. Tim Sykes Alerts Free
The Superman Alerts package is his package of vital features and alerts on trading geared towards those who might be interested. For $147 per month, you’ll gain access daily premarket stock watchlist as well as the mobile app, the daily market updates in real-time, and email and SMS alerts.
From “Superman” Paul Scolardi: Superman Pro
At $247/month, you get additional features, as well as access to the extensive knowledge base provided by Superman himself, via his Superman Pro package. In addition to the basic features included in the Alerts package, Superman Pro gives you weekly video lessonsthat include an ever-growing library of other previous ones. In addition, you’ll also get access to premium research reports and an IPO or earnings monitor.
Profit.ly Programs and Costs
If you’re eager to join the trading community on the internet and leave your mark on the field, Profit.ly has the right amount of resources to help you up and running. The platform offers three membership levels that cater to traders with different levels. Let’s look at what the three levels are and what they’ll cost you.
Novice Plan
This package for novices is Profit.ly’s entry-level plan designed especially for those who are just beginning their journey to the trading community. When you sign to this plan you’ll be provided with a variety of powerful and essential trading tools, each of them integral in keeping your fingers 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 trades and track profits as well as leading, following and even chatting with your fellow traders, as well as providing feedback on trades today. It also allows you to be on leaderboards, analyze, sort, or filter the trades you make; and lastly, look at the statistics of other traders.
The Novice plan costs $29.95 per month. While it may look attractive simply because of the price, there is a downside. You aren’t able to create a personal account, making your activities publicly available. If you’re looking to get the benefit of this service, you should be watching for us to introduce to you Profit.ly’s next strategy.
Trader Plan
The Trader package lets you to use the majority of features available in The Novice package. In this plan, that you can create an individual profile that allows you for sharing with fellow associate users all the insights and information you have gained from trader’s community.
Priced at $49.95/month, Profit.ly’s Trader plan does what the name suggests: Cater to those who desire to develop their trading skills. Although it’s a nice thing however, there’s a crucial element that’s missing. In contrast to the Novice package, you will not be able to see other traders’ stats this might be a drawback for those who are looking forward to this tier. Tim Sykes Alerts Free
Pro Plan
The Pro plan is the highest luxurious package Profit.ly can offer to experienced traders. With $74.95 per month, and 22% off when billed annually, this tier has it all. You will have full, unrestricted access to all the options of the previous plans.
You’re not only able to view other people’s stats as well, you’re also offered the option of creating an individual profile. Both of these options, plus the other benefits that you can use to the fullest potential. If you’re looking for an account that will give you with everything you require as trader with experience, the Pro level is for you!
Profit.ly’s Other Services
Apart from the trainer tools and leaderboards, Profit.ly provides a variety of more services it has to provide. One of them is the online store, where customers can pick from a range of videos designed to inform and guide you through the nuances and pitfalls of trading. The products listed in this section of the website is available to be immediately purchased for personal use. These include best-selling products such as the “Trading Tickers” series by trading expert Tim Grittani, Timothy Sykes’s library of DVDs and streaming-only content about penny stocking, short stocking, and all other aspects of trading. There are also clips and clips of the Annual Pennystocking Conference, and products from other expert traders.
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The chat rooms that are integrated are as well part of Profit.ly’s variety of services and features. You may be familiar with the chat room since you can see it across messaging and social platforms, as well as some specialty websites that provide live chat support. However, in Profit.ly the chat room is viewed as a real-time space where experts and their members trade and exchange knowledge in real-time. Every guru has their own style when it comes to running their chat room and dealing with the members there. Some may be a laid-back person who is not very often engaged, while another could be more interactive and online to their pupils. Think of the chat rooms like Profit.ly’s version of the forum, in its essence.
Who is the Ideal Trader for Profit.ly?
Profit.ly’s diverse range of products and features are geared towards the wide range of stock trader types, from novices to the most experienced. Considering the number of offers it can provide this platform definitely has something for everyone.
Newbies, for instance, will appreciate Profit.ly’s collection of educational content offered throughout the platform. In addition, they will be provided with videos every week and chat room tips from its in-house gurus and members. They’ll also be able pick from the merchandise available on its store online for them to take wherever they may be. You can also get hands-on experience trading on the platform, but eventually they’ll be able to realize that trading is a high stakes game that should not be viewed as a joke.
For those traders who have had years of exposure down the road, we consider Profit.ly as equally as suitable for them as it is for the newcomers. Although the novices might not be as adept at handling trading matters however, experienced traders know how it works along with the risky mix that come with it. Ideally, they may make use of Profit.ly’s array of options to their maximum advantage to develop their trading abilities. As beginners, they are able to study from the gurus and experts , and use those short tips and tricks along the way.
Profit.ly’s “all-inclusive” nature does not only apply to beginners or semi-experienced trader. Experts who have been verified can also participate in the enjoyment! People in the trade industry who are on the same level as Superman as well as Tim Sykes can also use the power of Profit.ly’s capabilities to display their expertise to other traders as a way to help guide them through the ever-illustrious trading process. Tim Sykes Alerts Free
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 tons of learning communications, trading, and communication tools
- You get to receive excellent training and insights from its inside experts, as well as libraries of educational videos and real-time trading activities
- You’re guaranteed transparency throughout Profit.ly with accurate analytics as well as other traders ready to call you out whenever something happens
- The leaderboard feature on the platform gives you a way to build your credibility as a trustworthy and authentic trader
- Apart from its main capabilities, Profit.ly also gives its users extra options to suit their needs, like posting trades that are not authentic by taking images
- Profit.ly’s variety of packages and subscription levels are priced at affordable rates – there truly is something for all
The Cons
- Profit.ly’s abundance of packages and services offered could be too much for most of its customers
- If traders decide to make any type of trade, there is a possibility that some of them could profit from selecting the best trades in order to increase the rating – this may be a concern that should not be overlooked.
- Profit.ly will not allow refunds, as its premium users are expected to instantly benefit from the many services that the platform can offer
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The Final Verdict The Final Verdict: Is Profit.ly Worth It?
If we were able to come up with the answer, it’s a ‘yes’. However, you must realize that it shouldn’t be treated as a get-rich-quick scheme. The platform was not always meant to be designed to achieve this goal. Instead, it is best to keep curiosity. Tim Sykes Alerts Free
What we do mean”yes” is that it can be a great learning tool. For those who are struggling, they could find Profit.ly’s variety of resources useful when they try 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 can accommodate beginners and even experts in the field!
So, if you genuinely want to become a better trader and want to learn from your peers and experts throughout the process, then take a look at Profit.ly. Profit.ly is a fantastic alternative to start.
FAQ Tim Sykes Alerts Free
What are the best ways to use Profit.ly to publish your trades?
Profit.ly offers an entry section for trades within the “My Trade section of the dashboard that lets you post your trades that are verified or otherwise. There are three choices:
- Linking your account to the broker of choice and import trades directly from there
- Manually entering your trades into the spaces provided and details
- Upload a screenshot of your trades
What can I do to determine whether the trade is authentic or not?
If you purchase your trade through a reliable brokerage, there’s a high chance that it is verifiable. This is evident by the small blue check. If you upload the information manually or via pictures, it will be assigned as unverified.
The disadvantage of an unauthenticated trade is the possibility of receiving negative feedback from colleagues. A large number of downvotes could cause you to show up at the top of the Madoff leaderboard, where users are able to identify who is dishonest in posting trades.
Does the Profit.ly mobile app still available?
As of the moment, Profit.ly is still available to download via the App Store for Apple and the Google Play store. The mobile version of the app is compatible with the majority of working smartphones and tablets.
How many people are using Profit.ly?
Profit.ly currently houses more than 150,000 investors and traders, as they not only are seeking to make the most profit but also to help one another grow and learn more about acquiring opportunities in the stock market all over the world.
