The stock market can be an exciting game with high stakes. On certain days, you may enjoy the benefits of positive and satisfactory numbers. On other days you may experience the opposite, and it may sometimes be very difficult to return to the point you were at your best. If you are immersed in the water it is important to recognize that relying on pure instinct and preservation may not always be enough.
If you’ve experienced occasional losses, you’re gonna be needing solid advice from seasoned and tested trading experts. Additionally, you’ll require an important boost from trading partners from all over the globe. That’s why we’ve identified an online platform that will help you to improve your performance in the market. In this review, we’ll take 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. To get a comprehensive overview of Profit.ly, you may still want to check out our article below.
Overall Rating: 4.1/5 Tim Sykes Behind The Voice Actors
The User’s Experience 4.5/5
Profit.ly is an online trading platform 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 including chat rooms, trade verification as well as an extensive library of educational content.
How do I define 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 traders with experience to keep track of their performance using the aid of cutting-edge analytics tools. Offering users a broad range of resources for trade and communication and letting traders from all walks of life connect with one another. It gives the gurus worthwhile investments within the confines of this platform. Think of it as a social media site akin the likes of Facebook and Reddit, but for experts and traders.
Profit.ly independently verifies trade performances and then publishes the information from them in the style of leaderboards. The platform’s trading model is based on trust and transparency. it ensures that the transactions are legitimate and will not tolerate inauthenticity as much as is humanly possible. It was created many years ago by penny expert in stock trading and investment expert Timothy Sykes, along with his colleague Michael Mosseri.
In an interview for Forbes magazine, Sykes stated that Profit.ly was motivated by its focus “on the transparency of the entire spectrum of trades, something which has never been done before.” The concept Sykes said served two goals: 1.) creating public track records for everyone, not just the experts, but also the newsletter authors and students and secondly) making it possible for all users to be enlightened by both the wins and losses for the trading industry’s benefit. Tim Sykes Behind The Voice Actors
How Does It Work?
Profit.ly is a subscription-based platform that allows stock traders to benefit from a variety of features and services aimed toward success. You may set up an account for free, but you’re only given the capability to browse the leaderboard and observe the actions of non-gurus. If you’re interested in investing your money in order to find out what stocks the experts are trading in real-time, you will need to join one of Profit.ly’s offers that we’ll review in the coming days.
Setting up an account is easy: create an account with your experience and knowledge, then connect your brokerage account, and you have yourself an opportunity to make 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. You’re not just allowed to demonstrate that you’re worthy to the group of traders, as you can also utilize Profit.ly to buy with a guru, and have the assurance that you’re confident with their expertise and the credibility of their assertions.
If you’re not comfortable with the idea of sharing information about your account with a brokerage, you can choose to publish your trades, whether verified or not, by taking pictures. In Profit.ly is the huge selection of trading classes, the ability to view stats in a trader’s profile as well as other ways to connect with your gurus via chatrooms 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 is well-known for his involvement in trades in penny stocks. According to Investopedia, a penny stock is a small business’s stock that trades for just less than 5 cents per share. The penny stock market is an avenue for small companies to move to a market that is larger as it allows them to access capital from the general public. But don’t be mistaken – it can also be an extremely risky activity, as Sykes is sure to reveal through his many years of expertise.
From his beginnings at the end of his time in the high schools, Tim Sykes has, since then, made more than $6 million in earnings throughout his illustrious career as trader. At the age of 25 Tim Sykes had received more exposure and a wider influence over time when he was a part of the reality TV show “Wall Street Warriors.” He used the opportunity to create trading rooms and penny stock themes and educational content geared toward people who are brand new to the trading field. He also helped establish Profit.ly as a platform for openness, and for the community to lift each other up and compete on the platform.
The Profit.ly Gurus
One of Profit.ly’s most appealing features is the vast array of educational resources, trade alerts, and other helpful stuff provided by the company’s internal gurus. The gurus in question refer to experts in the field of trading who have earned substantial profits from their collective years of knowledge. Tim Sykes Behind The Voice Actors
At its peak, Profit.ly had housed up to five gurus, all of them a professional in their niche within the world of trading. Some of the most famous experts included Connor Bruggermann, Nathan Michaud of Investors Underground, and Triforce, among a few others. As of this writing, however, only two gurus remain on the platform: the founder and 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 offers.
From Tim Sykes Tim Sykes: Tim’s Alerts
Sykes provides a basic stock trading service which focuses on penny-stock day trading via Tim’s Alerts. The cost is $74.95 per month, you’ll see him focus on the fundamental catalysts for stocks and utilize them to predict the next moves that could occur when making trades.
A single purchase of Tim’s Alerts will get you access to the chatroom as well as the mobile app available to iOS and Android devices; email, text and push alerts; as well as a daily watchlist of stocks.
from Tim Sykes: The Pennystocking Silver Package
Pennystocking Silver is the highest-quality version, with an upgraded version of Tim’s Alerts program. It costs $149.95 monthly, this is an ideal plan for those who are invested in penny stock trading. Pennystocking Silver offers all the essential features found in earlier plans including swing trading alerts and unlimited access to a library of more than 7,000 instructional videos, with new ones released every week.
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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. In the time since when he first started trading, Superman has amassed over $5.5 million in total trading earnings. Tim Sykes Behind The Voice Actors
The Superman Alerts plan is his offering of essential features and alerts on trading geared towards those who might be interested. For $147/month, you’ll get access daily premarket stock watchlist and the mobile application, daily market updates in real-time, as well as email and SMS alerts.
In “Superman” Paul Scolardi: Superman Pro
For $247 per month, you can enjoy additional features and access to a knowledgeable base of information provided by Superman himself, via the Superman Pro package. Alongside the standard features featured in the Alerts plan, Superman Pro gives you daily video lessons, which include an ever-growing library of other previous ones. On top of that you’ll also have access to premium research reports as well as an IPO as well as earnings tracking tool.
Profit.ly Programs and Costs
If you’re ready 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. Profit.ly offers three membership levels, each designed for traders at different levels. Let’s take a look at what these three are and how much they will cost you.
The Novice package is Profit.ly’s entry-level plan designed especially for people who are brand new to the trading world. As you sign up for this package, you will be immediately offered a range of strong and essential trading tools, all one of them essential in keeping your fingers on what could call a ruthless process by itself.
Among the list of things you can accomplish using Profit.ly’s Novice program is the ability to confirm the results of your trades and track profit; leading, following and even texting other traders; and giving feedback on the trades of today. You can also get on leaderboards, analyze, sort, as well as filter trades and, lastly, view other people’s statistics.
The Novice plan is $29.95 per month. While it may look attractive just by the price however, there’s a drawback. It isn’t possible to create a private profile, thus making your personal information public. If you’re looking to get an account with this option, you should keep an eye on us as we present to you Profit.ly’s next strategy.
The Trader plan allows users to benefit from the majority of features available in the Novice plan. This plan allows that you can set up an individual profile that allows you to share with fellow associate users all your knowledge and knowledge you gain from trader’s community.
The price is $49.95/month, Profit.ly’s Trader plan will do what the name implies: Cater for those looking to improve their trading skills. Although it’s a nice thing but there’s one important aspect that’s not included. As opposed to the prior Novice package, you will not be able to see other traders’ statistics this could be a problem for those who are eager to try this new tier. Tim Sykes Behind The Voice Actors
This is by far the most premium package that Profit.ly could offer for seasoned traders. With $74.95 monthly, which includes an additional 22% discount for billing annually, this tier has it all. It gives you full, unlimited access to all the features of the previous plans.
You’re not only able to see other users’ stats and data, but you also have the option of creating your own private profile. These two features are on top of all the advantages that you can utilize to the fullest potential. If you’re in search of an account that will give you with everything you require as an experienced trader, the Pro plan is the right choice 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, which allows users to select from a variety of video products created to provide guidance on the ins and outs of trading. The products listed on this page of the website is available to be bought immediately for your personal use. These include best-selling products like”Trading Tickers,” the “Trading Tickers” series by trader expert Tim Grittani, Timothy Sykes’s collection of DVDs, streaming-only content about short stocking, penny stocking, and all other related to trading, videos and footage from the Annual Pennystocking Conference, and products from other expert traders.
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Chat rooms integrated into Profit.ly are as well part of Profit.ly’s variety of services and features. You are probably familiar with the concept of the chat room as you can find it throughout messaging and social platforms, as well as some specialty websites that offer live chat assistance. But in Profit.ly the chat room is viewed as a space where experts and their members can interact and exchange knowledge in real-time. Each guru has their style in operating their chat room and dealing with the members there. One might be a laid-back person who is less active, while another may be more online and communicative in their interactions with students. Think of chatrooms as Profit.ly’s version of the forum in essence.
Who is the Ideal trader to Profit.ly?
Profit.ly’s diverse range of products and features are geared towards an array of stock trader types, from novices to the most experienced. With the variety of deals it can provide, the platform surely has something for every person.
Newbies, for instance, will enjoy Profit.ly’s library of learning materials available across the platform. In addition, they will get daily videos and chat room advice from the in-house experts and members. They’ll also be able to select from the products on its store online that they can take with them wherever they go. You can also get hands-on experience trading on the platform, but ultimately, they will soon learn that trading is a high stakes game that should not be viewed as a joke.
For those traders who have had decades of experience in the road, we consider Profit.ly equally suited to those who are just starting. While novice traders may not be as adept at handling trading matters but the experts already know how it works along with the stack full of risks associated with it. It is ideal to use Profit.ly’s array of options to their maximum advantage to develop their trading abilities. Like beginners, they can learn from the experts and experts and utilize those quick tips and tidbits throughout the process.
Profit.ly’s ‘all-together’ nature doesn’t just apply to newbies and semi-experienced traders. Verified experts can also join in the enjoyment! People in the trade industry 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 skills to others as a way to guide them through the ever-illustrious trading process. Tim Sykes Behind The Voice Actors
Profit.ly’s Pros and Cons
- Profit.ly’s numerous capabilities as a “one-stop” stock trading platform enable it to provide traders everywhere with an abundance of knowledge tools, communication, and trading tools
- You get to receive excellent training and tips from the 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 precise analytics as well as other traders that are waiting to reach you out whenever something happens
- The leaderboard feature on the platform gives you the chance to establish your reputation as a reliable and verifiable trader
- In addition to its primary abilities, 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 wide array of subscription plans and guru packages are priced at a reasonable cost There’s something for everyone
- Profit.ly’s abundance of products and packages offered might not be enough for the majority 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 increase the rating This could be a problem that shouldn’t be ignored.
- Profit.ly does not accept refunds, as its premium users are expected to instantly benefit from the many services the platform has to offer
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The Final Concluding Question The Final Verdict: Is Profit.ly Worth It?
If we were able to come up with the answer, it’s yes. But it is important to realize that it shouldn’t be treated as a get-rich-quick scheme. The platform wasn’t originally designed to be used in this way. Instead, you should have an open mind. Tim Sykes Behind The Voice Actors
What we mean”yes” is it can be a great learning tool. Those who may be stuck may discover Profit.ly’s array of resources helpful in their efforts to reduce losses and be more successful than they did before. It’s not only the struggling traders that will benefit from the platform. It will be able to accommodate beginners as well as even experts!
So, if you genuinely want to become more successful in trading and would like to be taught by your mentors and peers on the way, look no further – Profit.ly may be a great alternative to start.
FAQ Tim Sykes Behind The Voice Actors
How do you use Profit.ly to post your trades?
Profit.ly includes an entry section for trades within the ‘My Trade’ category of the dashboard that lets you record your trades, verifiable or not. There are three options:
- 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
How can I tell whether the trade can be verified or not?
If you buy your trade from a trusted brokerage, there is a high likelihood that it can be verified. This is indicated with the small blue check. If you post the information manually or via images, it will be classified as unverified.
The downside of having an unverified trade is the risk of receiving downvotes from friends and colleagues. Too many downvotes may cause you to show up in the Madoff leaderboard, where users can detect who’s being untruthful in submitting trades.
Does the Profit.ly mobile app still available?
As of the moment, Profit.ly is still available for download on the Apple App Store as well as the Google Play store. The mobile version of the app is compatible with most functioning tablets and smartphones.
How many people are currently using Profit.ly?
Profit.ly currently houses over 150,000 traders and investors, since they’re not just seeking to make the most profit but also to help one another grow and learn more about acquiring opportunities on the stock market both right and left.