Stock trading can be an exciting game with high stakes. Some days, you might have the benefit of positive and satisfying numbers. However, on other days, the opposite may happen and it can be extremely difficult to get back to where you were your peak. If you’re immersed in the water, you will have to realize that relying on pure instinct and preservation might not be enough.
If you’ve suffered occasional losses You’ll need sound advice from tried-and-tested trading experts. You’re also gonna need a significant boost from your colleagues in the market from all over the globe, which is why we’ve discovered a platform that can support you in your growth 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. To get a comprehensive overview of Profit.ly, you may still want to check out our article below.
Total Rating: 4.1/5 Tim Sykes Alerts Reddit
Users Experience 4.5/5
Profit.ly offers an internet-based trading service that permits traders of various levels to be informative and accountable, as well as transparent and encouraging each other by offering a wide array of tools and features including chat rooms, trade verification as well as an extensive library of educational material.
How do I define Profit.ly?
Profit.ly is a trading website that serves both as a learning and training platform for traders who are just beginning their journey and also as a platform for traders who are experienced to monitor their performance through the use of advanced analytics tools. Providing users with a wide variety of tools for communication and trade and letting traders from all walks of life connect with each other. It also allows gurus to make worthwhile investments within the confines of the platform. Imagine it as a social media site akin like Facebook and Reddit, but for professionals and traders.
Profit.ly independently checks the performance of trades and posts all the data from them in the form of leaderboards. The platform for trading is built on honesty and transparency: it makes sure that transactions are legitimate and will not allow for fraud as much as possible. It was established years ago by the penny stock trade expert and investment guru Timothy Sykes, along with his colleague Michael Mosseri.
One time during his appearance in Forbes publication, Sykes stated that Profit.ly was motivated by its focus “on the transparency of the entire spectrum of trades, something which was never prior to.” The idea was, he said, serving two goals: 1.) keeping track of public data for everyone, not just the experts and newsletter writers and students, and 2) allowing all users to learn from both losses and wins for the trading industry’s benefit. Tim Sykes Alerts Reddit
How Does It How Does It
Profit.ly utilizes a subscription model that lets stock traders benefit from a variety of tools and services that are geared toward achievement. You may set up an account on the site for free, but you’re limited to the ability to navigate through the leaderboard and observe the actions of non-gurus. If you’re interested in investing your money and see which stocks the gurus are trading in real time, you will need to join one of Profit.ly’s offerings, which we will review in the coming days.
The process of opening an account is easy: create an account with your experience and knowledge, then connect to your brokerage account, and you’ll have the chance to climb your way to the top of the leaderboard. Profit.ly’s leaders’ board feature as mentioned previously it is designed to provide its users a look at how the community of traders performs as well as its experts. It’s not only a chance to demonstrate value to a community of traders. You can also utilize Profit.ly to purchase with a professional with the assurance that you’re confident with their expertise and the veracity of their claims.
If you feel uneasy with the idea of sharing the details of your broker account you can choose to publish your trades, whether verified or not, by taking photographs. Included in Profit.ly are a variety of trading courses as well as the ability to look at the stats of a trader’s account as well as other ways to interact with your experts through the chatroom in addition to notifications via email or text as well as updates.
Meet Tim Sykes, the founder: Tim Sykes
Timothy Sykes is a well-renowned day trading personality who is well-known for delving his hands into trades in penny stocks. According to Investopedia Penny stock refers to a small-sized company’s shares that trade for under $5 for each share. The penny stock market can be seen as an opportunity for small businesses to transition into a larger market because it allows them to access funds from the general public. However, don’t get it wrong – it’s also an extremely risky activity, as Sykes will be able to tell you because of his decades of experience.
From his beginnings in the latter years of High School, Tim Sykes has, since then, made an estimated $6 million earnings throughout his illustrious career as trading professional. At 25 years old Sykes was given greater exposure and an even wider reach of influence when he became part of the reality series “Wall Street Warriors.” He made use of the show to create trading rooms, penny stock themes, and educational material aimed at people who are brand new to trading. He also helped establish Profit.ly as a platform for transparency, and for the community to uplift and compete on the platform.
The Profit.ly Gurus
One of Profit.ly’s amazing features is the variety of educational sources, trade alerts and other useful stuff offered by the platform’s in-house gurus. Gurus are referred to experts in the field of trading who have proven to make substantial amounts of money through their years of knowledge. Tim Sykes Alerts Reddit
At its peak, Profit.ly had housed up to five gurus, all of them an expert in their field of expertise in the field of trading. Some of the most famous gurus included Connor Bruggermann, Nathan Michaud of Investors Underground, and Triforce, among a few others. As of this writing, however, only two gurus remain on this 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 what packaged deals each guru has to offer.
From Tim Sykes Tim Sykes
Sykes provides basic stock trading services that focuses on penny-priced day trading with Tim’s Alerts. Costing $74.95 monthly, you’ll be able to observe him focus on basic stock catalysts and employ them to predict the next moves that could occur when trading.
A purchase on its own of Tim’s Alerts will get you access to the chatroom and the mobile application that is available on iOS as well as Android devices, as well as text, e-mail and push alerts; as well as a daily watchlist of stocks.
Tim Sykes: From Tim Sykes: The Pennystocking Silver Package
Pennystocking Silver is the highest-quality, upgraded version of the Tim’s Alerts package. Priced at $149.95 per month, this is the perfect plan for investors who are invested in the penny-stock market. Pennystocking Silver includes all the basic features that were included in earlier plans such as alerts for swing trading and access to a library of more than 7,000 instructional videos, with new ones released weekly.
The following video is from “Superman” Paul Scolardi: Superman Alerts
Scolardi, who goes by the alias “Superman,” is a trader who has an eye for tiny-cap massive stocks as well as wildly accurate marketing forecasts. Since the time he started trading, Superman has amassed over $5.5 million in trading earnings. Tim Sykes Alerts Reddit
The Superman Alerts package is his offering of essential features and alerts on trading geared to those interested. For $147 per month, you’ll gain an access to the day-to-day premarket stock watchlist and the mobile app, daily market commentary shown in real time, and email and SMS alerts.
In “Superman” Paul Scolardi: Superman Pro
For $247 per month, you can enjoy additional features, as well as access to the extensive knowledge base of information provided by Superman himself through the Superman Pro package. In addition to the basic features included in the Alerts plan, Superman Pro gives you daily video lessons, which include a growing library of all the previous ones. Additionally, you’ll also get an access to high-quality research papers and an IPO as well as earnings tracking tool.
Profit.ly plans and costs
If you’re looking to join the trading community on the internet and make a mark on the market, Profit.ly has the right amount of resources to get you started. Profit.ly offers three membership levels that cater to traders at different levels. Let’s take a look at what these three levels are and what they’ll cost you.
The package called Novice is Profit.ly’s beginning-of-the-line plan specifically for those who are new to the trading community. Once you have signed up for this package you’ll be offered a range of strong and indispensable trading tools, each one of them essential in keeping your fingers on what call a competitive process by itself.
Among the list of things you can accomplish with Profit.ly’s Novice program is the ability to confirm the results of your trades and track profit as well as leading, following and even chatting with your fellow traders, as well as leaving feedback on today’s trades. It also allows you to be on leaderboards, analyze your trades, sort or filter the trades you make and lastly, look at the statistics of other traders.
The Novice plan costs $29.95 per month. Although it might look appealing simply because of the price, there is a downside. You aren’t able to create a personal profile, thus making your actions public. If you do want to get access to this feature, you should be watching for us to introduce to you Profit.ly’s next strategy.
The Trader plan allows you to use a majority of features from The Novice package. It is in this plan that you are able to create an account that is private for sharing with fellow associate users all the insights and knowledge you gain from this trading group.
The price is $49.95/month, Profit.ly’s Trader plan is exactly what it says catering people who want to improve their trading skills. As nice as it seems however, there’s a crucial feature that is missing. As opposed to the prior Novice package, this one won’t be able to see other traders’ statistics this might be a drawback for those who are eager to try this new tier. Tim Sykes Alerts Reddit
The Pro plan is the highest expensive plan Profit.ly offers to experienced traders. At $74.95 each month and a 22% discount when billed annually This plan offers everything. You will have full, unrestricted access to all options of the prior plans.
In addition, you’ll be able to look at other people’s statistics, but you’re also given the opportunity to create an individual profile. Both of these features, in addition to the advantages you’ll be able to use to the maximum extent. If you’re looking for an option that gives you with everything you require as a skilled trader, maybe the Pro level is the right choice for you!
Profit.ly’s Other Services
Apart from the provided training tools and the Leaderboards Profit.ly has a few additional services that it can provide. One of these is its online store, which allows users to choose from a wide array 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 can be purchased immediately for personal use. Among these products include best-sellers such as”Trading Tickers,” the “Trading Tickers” series by trader professional Tim Grittani, Timothy Sykes’s library of DVDs and streaming-only content on penny stocking, short stocking, and other things trading-related, clips and scenes from The Annual Pennystocking Conference, and items from other experts in trading.
The chat rooms that are integrated are as well part of Profit.ly’s array of services and features. 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 offer live chat support. However, in Profit.ly the chat room is viewed as a real-time area where experts and members can interact and share knowledge in real-time. Each guru has their style in running their chat rooms and in dealing with the members. Some may be more laid back and not very often active, while another may be more active and in touch to their pupils. Think of chat rooms as 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 the wide range of stock traders, ranging from novices to experienced professionals. With the variety of deals it offers this platform definitely has something for all.
Beginners, for instance, will enjoy Profit.ly’s library of learning content offered throughout the platform. Not only will they get daily videos and chat room advice by its internal gurus as well as their members. Additionally, they can pick from the merchandise available from its online store for them to take wherever they travel. Additionally, they can gain practical experience trading on the platform, however, they will soon learn that trading is a high-stakes game that shouldn’t be treated as an amusing pastime.
For traders who have decades of experience in the line, we believe Profit.ly equally suited for them as it is for the newcomers. While novice traders may not be as well-equipped with handling trading matters however, experienced traders know how it works along with the plethora of risks that it carries. Ideally, they may make use of Profit.ly’s variety of features to their full advantage to enhance their skills in trading. Like novices, they can learn from the experts as well as experts, and take advantage of short tips and tricks throughout the process.
Profit.ly’s ‘all-together’ nature isn’t limited to novices and semi-experienced traders. Certified experts can also take part in the fun! Trade professionals who are on the same level as Superman and Tim Sykes can also use the power of Profit.ly’s capabilities to showcase their skill to others as a way to help guide them through the ever-illustrious trading process. Tim Sykes Alerts Reddit
Profit.ly’s Pros and Cons
- Profit.ly’s numerous 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 get to be provided with excellent lessons and tips from the internal experts, which include collections of educational videos as well as trading in real-time.
- You’re assured of transparency throughout Profit.ly with precise analytics as well as fellow traders who are ready to reach you when something goes wrong.
- The platform’s leaderboard feature gives you the opportunity to increase your reputation as a reliable and verifiable trader
- Apart from its core abilities, Profit.ly also gives its users extra options to suit their individual preferences, for instance, posting trades that are not authentic by taking photographs
- Profit.ly’s variety of packages and subscription levels are priced at a reasonable cost – there truly is something for all
- Profit.ly’s bountiful stream of packages and products offered may not be enough for a lot of its users
- As traders may opt to open any kind of trade, there’s the possibility that some of them will profit by picking the most profitable trades to improve their ratings – this may be a risk that shouldn’t be overlooked.
- Profit.ly does not accept refunds, as the premium customers are expected to instantly benefit from the many services the platform has to provide
The Final Concluding Question The Final Verdict: Is Profit.ly Valued?
If we were able to come up with the answer, it would be a ‘yes’. But it is important to realize that this platform shouldn’t be viewed as a quick-fix scheme to make money. The platform was not always meant to be designed for this reason. Instead, it is best to keep curiosity. Tim Sykes Alerts Reddit
What we do mean”yes” is it is a fantastic learning tool. People who are stuck could be able to find Profit.ly’s array of resources to be helpful when they try their best to avoid losses and perform better than before. It’s not only the struggling traders that will benefit from the platform. It can accommodate beginners and even experts!
If you truly want to become better at trading and wish to be taught by your mentors and peers throughout the process, then look no further – Profit.ly may be a great option to begin.
FAQ Tim Sykes Alerts Reddit
How can you make use of Profit.ly to post your trades?
Profit.ly has an entry section for trades in the ‘My Trade’ category of the dashboard. It lets you post your trades that are verified or not. You may choose between three choices:
- Connecting your account to your broker of choice and import trades directly from there
- Manually entering your trades into provided spaces and specifics
- Upload a screenshot of your transactions
How can I tell if the trade is verifiable or not?
If you buy your trade from a reputable brokerage, there is the probability that it’s verifiable. This is shown by the small blue check. If you upload it manually or through pictures, it will be classified as unverified.
The downside of having an unauthentic trade is the chance of getting downvotes from your colleagues. Too many downvotes may result in you appearing in the Madoff leaderboard, where users can detect who’s being fraudulent in posting trades.
Does the Profit.ly mobile app still in use?
As of this writing, Profit.ly is still available for download on the App Store for Apple and on the Google Play store. The mobile version of the app works with all functioning tablets and smartphones.
How many people are currently on Profit.ly?
Profit.ly is currently home to over 150,000 investors and traders since they’re not just seeking to make the most profit but also assist each other to develop and grow in their ability to take advantage of opportunities in the stock market both right and left.