The stock market can be a high-stakes game. Some days, you may have the benefit of positive and satisfying numbers. However, on other days it could be the reverse and it could be extremely difficult to get back to the point you were at your best. If you’re always in the mud You will need to recognize that relying on pure instinct and preservation might not be enough.
If you’ve been incurring losses from time to time You’ll need reliable advice from tested and tried trading experts. Also, you’ll need an important boost from fellow traders from around the globe, which is why we’ve identified an option that can help you in your growth in the industry. In this review, we’ll take the time to look at Profit.ly A well-respected 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.
Overall Rating: 4.1/5 Tim Sykes Before The Sun
Users Experience 4.5/5
Profit.ly can be described as an online platform for trading that permits traders of all levels to be informative, transparent, accountable, and uplifting with one another through its wide variety of tools and features like trade verification, chat rooms, and an enriched library of educational material.
What exactly is Profit.ly?
Profit.ly is a site for trading which serves as a learning and education platform for traders who are just beginning their journey and as a hub for traders who are experienced to monitor their performance using the aid of cutting-edge analytics tools. It provides users with a vast variety of tools for communication and trade that help traders from all walks of life network with each other. It offers gurus with worthy investments within the boundaries of the platform. Imagine it as a social media site akin the likes of Facebook and Reddit however it is geared towards professionals and traders.
Profit.ly independently validates trade performance and then publishes the information of them in the manner of leaderboards. The platform’s trading model is based on transparency and honesty: it guarantees that the trades are valid and won’t accept fake news as long as possible. It was created in the past by penny expert in stock trading and investment expert Timothy Sykes, along with his colleague Michael Mosseri.
One time during his appearance in Forbes publication, Sykes stated that Profit.ly was driven by its focus “on showing the entire spectrum of trades, something which was never previously done.” The concept, he added, served two purposes: 1) creating public track records for all traders, not just the gurus as well as students and newsletter writers as well as) making it possible for everyone on the platform to gain insight into both losses and wins to benefit the industry of trading. Tim Sykes Before The Sun
How Does It How Does It
Profit.ly utilizes a subscription model that lets stock traders gain access to a multitude of tools and services that are geared at achieving achievement. You may set up an account on the site for free, but you’re only limited to having the capability to browse the leaderboards and monitor the activities of people who aren’t gurus. If you’re looking to invest your money and see which stocks the gurus are trading in real time You’ll need to subscribe to any of Profit.ly’s offerings that we’ll discuss in the near future.
Setting up an account is easy: create an account with your experience and knowledge, then connect your brokerage account, and you’ll have an opportunity to make your way 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 the performance of the trading community as well as its experts. It’s not only a chance to show your worth to a large group of traders, but you can also use Profit.ly to shop from a guru with the assurance that you’re comfortable with their expertise and the legitimacy of their assertions.
If you feel uneasy with the idea of sharing your brokerage account, you can decide to share your trades, whether verified or not, via photographs. Also included in Profit.ly are a variety of courses in trading, the ability to view the stats of a trader’s account and other methods to communicate with your gurus via chatrooms along with notifications via email or text as well as updates.
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Meet Tim Sykes, the founder: Tim Sykes
Timothy Sykes is a well-renowned day trading personality 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 less than $5 per share. Penny stock trading is a stepping stone for small companies to move to a market that is larger as it allows them to access funds from the general public. However, don’t get it wrong – it can also be an extremely risky game, as Sykes will be able to tell you because of his decades of experience.
Beginning in his late years in high school, Tim Sykes has, since then, made more than $6 million in profit during his long and successful career as trader. When he was 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.” He then made use of the show to develop trading rooms as well as penny stock themes and educational material aimed at people who are brand new to trading. He also helped establish Profit.ly as a place for transparency and to allow the community to rise and compete on the platform.
The Profit.ly Gurus
One of Profit.ly’s amazing features is the wide range of educational resources, trade alerts, and other useful stuff offered by the platform’s in-house gurus. The gurus in question refer to the trading experts who have earned substantial amounts of money from their combined years of expertise. Tim Sykes Before The Sun
At its height, Profit.ly had housed up to five gurus. Each of them a pro in their field of expertise in the trading industry. Some of the prominent experts included Connor Bruggermann, Nathan Michaud of Investors Underground, and Triforce, among a few others. As of this writing, there are only two gurus who 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 we’ll take a look at the packaged offers each guru has to offer.
From Tim Sykes Tim Sykes: Tim’s Alerts
Sykes offers basic stock trading services which focuses on penny-stock day trading via Tim’s Alerts. At $74.95 for a month you will observe him focus on fundamental catalysts for stocks and utilize 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 that’s available for iOS as well as Android devices; texts, emails, and push alerts; and a daily stock watchlist.
From Tim Sykes: The Pennystocking Silver Package
Pennystocking Silver is the highest-quality version, with an upgraded version of Tim’s Alerts package. It costs $149.95 per month, this is a great option for investors who are involved in investing in penny stocks. Pennystocking Silver comes with all the standard features of earlier plans such as swing trading alerts and unlimited access to a rich library of over 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 name “Superman,” is a trader who has 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 all-time trading earnings. Tim Sykes Before The Sun
The Superman Alerts plan is an offer of the most essential features and alerts on trading geared toward those who may be interested. For just $147 per month, you’ll have access daily stock watchlist that is premarket along with the mobile app, the daily market commentary in real-time, and SMS and e-mail alerts.
From “Superman” Paul Scolardi: Superman Pro
For $247 per month, you can enjoy additional features, as well as access to the extensive knowledge base provided by Superman himself, via Superman Pro. Superman Pro package. On top of the essentials included in the Alerts package, Superman Pro gives you weekly video lessons, including an ever-growing library of previous lessons. Additionally you’ll also gain the ability to access premium reports on research and the IPO as well as earnings tracking tool.
Profit.ly plans and costs
If you’re looking to join the online trading community and make a mark on the industry, Profit.ly has the right amount of resources to help you started. Profit.ly offers three membership levels that are designed to accommodate traders at different levels. Let’s break down 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 just beginning their journey to the trading world. Once you have signed to this plan you’ll be given a slew of robust and vital trading tools, all of them integral in keeping your fingers on what call a competitive process in and of itself.
Some of the features you can accomplish using Profit.ly’s Novice package is the capability to check the results of your trades and track profit; leading, following and even texting your fellow traders; and giving feedback on the trades of today. You can also get on leaderboards, analyze your trades, sort and filter your trades and lastly, look at other people’s statistics.
The Novice plan is $29.95 per monthly payment. Although it looks attractive for the price alone however, there’s a drawback. You can’t create a private profile, which makes your personal information public. If you do want to get the benefit of this service, you should be watching for us to introduce to you Profit.ly’s next strategy.
The Trader Plan
The Trader package allows you to take advantage of a majority of features from the novice plan. This plan allows that you can create an account that is private to share with fellow associates all your insights and intel in the trading community.
Priced at $49.95/month, Profit.ly’s Trader plan will do what the name implies: Cater for those looking to develop their expertise in trading. While it’s nice but there’s one important aspect that’s not included. As opposed to the prior Novice package, you won’t be able to see other traders’ stats, which might be a drawback for some who may be looking forward to this tier. Tim Sykes Before The Sun
The Pro plan is the most luxurious package Profit.ly could offer for seasoned traders. It costs $74.95 each month which includes an additional 22% discount for billing annually This plan offers everything. You will have full, unrestricted access to all the features from the two previous plans.
You’re not only able to look at other people’s statistics, but you’re also given the chance to create your own private profile. Both of these features, plus the other advantages you’ll be able to use to the fullest potential. If you’re in search of an account that will give you everything you need as trader with experience, the Pro level is for you!
Profit.ly’s Other Services
In addition to the trainer tools and leadersboards Profit.ly offers a number of additional services that it can offer. One of those is its online store, where customers can pick from a range of instructional videos that are designed to inform and guide you through the ins and outs of trading. All of the products featured on this page of the website can be immediately purchased for personal use. Some of these include bestsellers like the “Trading Tickers” series from trading professional Tim Grittani, Timothy Sykes’s library of DVDs and streaming-only content about penny stocking, short stocking, and all other things trading-related, clips and footage taken from 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 range of features and services. You may be familiar with the chat room as you will see it on messaging and social platforms, in addition to a few special websites that provide live chat support. However, in Profit.ly it’s seen as a area where experts and members can interact and exchange knowledge in real-time. Every guru has their own way in running their chat rooms and in dealing with the members there. Some may be laid back and less active, while another may be more online and communicative in their interactions with students. Think of chat rooms like Profit.ly’s version of a forum, in the essence.
Who is the Ideal Trader for Profit.ly?
Profit.ly’s variety of offerings and features are geared towards a large variety of stock trader types, from beginners to experienced pros. With the variety of deals it has to offer this platform definitely has something for every person.
Beginners, for instance, can take advantage of Profit.ly’s library of learning materials available across the platform. They will also get daily videos and chat room advice by its internal gurus and their members. They’ll also be able to select from the products from its online store that they can take with them wherever they travel. You can also get hands-on experience trading on the platform, but eventually, they will soon learn that this is a risky game that shouldn’t be taken as an amusing pastime.
For those traders who have had many years of experience down the line, we believe Profit.ly as equally as suitable to those who are just starting. Although the novices might not be as well-equipped with handling trading matters, the pros already understand how it works and the risky mix that it carries. In the ideal scenario, they can use Profit.ly’s range of options to their maximum advantage to enhance their skills in trading. Like novices, they can study from the gurus as well as experts, and take advantage of quick tips and tidbits along the way.
Profit.ly’s “all-inclusive” nature doesn’t just apply to newbies or semi-experienced trader. Verified experts can also join in the excitement! People in the trade industry who are at similar levels to Superman as well as Tim Sykes can also use up Profit.ly’s capabilities to display their skill to others as a way to help navigate them through the ever-changing trading process. Tim Sykes Before The Sun
Profit.ly’s Pros and Pros and
- Profit.ly’s diverse capabilities as a “one-stop” platform for trading stocks allows traders across the globe with an abundance of knowledge tools, communication, and trading tools
- You’ll receive excellent training and insights from its in-house gurus, including video libraries that teach you how to learn and live trading activity.
- You’re assured of transparency throughout Profit.ly with accurate analytics and fellow traders ready to call you when something goes wrong.
- The leaderboard feature on the platform gives you the chance to establish your reputation as a reliable and dependable trader
- Apart from its core capabilities, Profit.ly also gives its customers extra options that can be tailored to their needs, like posting unverifiable trades through photographs
- Profit.ly’s wide array of subscription levels and guru packages are priced at reasonable prices There is truly something for all
- Profit.ly’s bountiful stream of products and packages offered might be too much for the majority of its customers
- As traders may opt to post any kind of trade, there is an opportunity that some them will profit by selecting the best trades in order to boost their rating – this may be a concern that should not be ignored.
- Profit.ly does not accept refunds, as its premium users are expected to instantly benefit from the number of services that the platform can provide
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The Final Concluding Question: Is Profit.ly Valued?
If we could come up with an appropriate answer for this query, it would be an affirmative “yes”. But you need to understand that the platform should not be used as a quick-fix scheme to make money. The platform was not always intended to be created in this way. Instead, you need to have the ability to think with an open heart. Tim Sykes Before The Sun
What we are referring to by ‘yes’ is that it could be a useful learning tool. People who are stuck could discover Profit.ly’s range of resources useful as they do their best to incur lesser loss and perform better than they did before. It’s not just the poor traders that can benefit from the platform. It will be able to accommodate beginners as well as even experts in the field!
So, if you genuinely desire to be a better trader and want to be taught by your fellows and gurus along the way, then take a look at Profit.ly. Profit.ly is a fantastic alternative to start.
FAQ Tim Sykes Before The Sun
How do you use Profit.ly to post your trades?
Profit.ly includes an entry section for trades under the My Trade section of the dashboard. It lets you record your trades, either verified or not. You may choose between three choices:
- Connecting your account to your brokerage of choice and then importing transactions directly through there
- Manually entering your trades into the spaces provided and details
- Send a screen shot of your trades
How can I tell whether the trade is authentic or not?
If you purchase your trade from a trusted brokerage, there is the probability that it’s verifiable. This is indicated with the blue check mark. If you submit the information manually or via screenshots, it will automatically be assigned as unverified.
The drawback of posting an unauthenticated trade is the chance of receiving negative feedback from colleagues. Too many downvotes may 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.
Does the Profit.ly mobile app still in use?
As of this writing, Profit.ly is still available to download via the Apple App Store and the Google Play store. The mobile version of the app is compatible with most functioning tablets and smartphones.
How many people are using Profit.ly?
Profit.ly is currently home to over 150,000 investors and traders, because they are not just trying to maximize profits but also help each other learn and improve in acquiring opportunities in the stock market both right and left.