The stock market can be an exciting game with high stakes. On some days, you may be reaping the benefits of positive and satisfying numbers. However, on other days, the opposite may happen and it could be extremely difficult to get back to where you were at your best. If you are immersed in the water You will need to recognize that relying on pure instinct and preservation is not always enough.
If you’ve experienced losses from time to time, you’re gonna be needing reliable advice from tested and tried trading experts. Also, you’ll need an important boost from colleagues in the market from all over the world, which is why we’ve identified a platform that can support you in your growth in the market. We’ll take an in-depth 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.
Total Rating: 4.1/5 Tim Sykes Blsp
Value: 4.1/5
Quality: 4.1/5
Costs: 4.1/5
User Experience: 4.5/5
Summary
Profit.ly is an online trading platform that permits traders of different levels to be knowledgeable and accountable, as well as transparent and uplifting with each other through its broad array of tools and features such as chat rooms, trade verification, and an enriched library of educational content.
What is Profit.ly?
Profit.ly is a site for trading that serves both as a training and learning platform for those who are starting out and also as a platform for traders who are experienced to monitor their performance with the help of advanced analytics tools. It provides users with a vast array of options for trade and communication and letting traders from all walks of life connect with one another. It gives the gurus worthy investments within the boundaries of the platform. Think of it as the social media equivalent to Facebook and Reddit however it is geared towards traders and experts.
Profit.ly independently verifies trade performances and then publishes the information from them in the style of leaderboards. The platform for trading is built on trust and transparency. it makes sure that trades are valid and won’t allow for fraud as much as possible. It was created many years ago by penny expert in stock trading and investment expert Timothy Sykes, along with fellow expert Michael Mosseri.
In an appearance in Forbes magazine, Sykes said that Profit.ly was based “on the transparency of every trade, something that was never done before.” The idea was, he said, serving two objectives: one) keeping track of public data for everyone, not just the experts and newsletter authors and students, and 2) giving all users to learn from the losses and wins to the benefit of the trading industry. Tim Sykes Blsp
How Does It Work?
Profit.ly is a subscription-based platform which allows stock traders to gain access to a multitude of services and features geared towards achieving the success of their business. You may set up an account on the site at no cost, however you’re only given 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 it is necessary to join one of Profit.ly’s offerings, which we will go over shortly.
Setting up an account is simple: Create an account with your experience and knowledge, then connect to your brokerage account, and you’ll have the chance to climb through high on the leaderboard. Profit.ly’s leaderboard feature, as previously mentioned, is designed to give its users a look at their performance as a trading group as well as its experts. You’re not just allowed to show that you’re worthy to the community of traders, but you can also utilize Profit.ly to purchase with a guru, and have the assurance that you’re confident in their skills and the legitimacy of their claims.
If you feel uneasy with the idea of sharing the details of your broker account you may choose to publish your trades, verified or not, via screenshots. In Profit.ly are the vast number of trading courses as well as the ability to look at statistics on a person’s profile and other methods to communicate with your gurus in the chatroom, as well as email and text alerts as well as updates.
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Meet Tim Sykes, the founder: Tim Sykes
Timothy Sykes is a well-renowned day trading guru who is well-known for his efforts in penny stock trading. According to Investopedia, a penny stock refers to a small-sized company’s stock which trades at less than $5 per share. Penny stock trading could be viewed as a stepping stone for small businesses to transition to a large marketplace as it gives them access to funds from the public. However, don’t get it wrong – it’s also an extremely risky activity, as Sykes is sure to reveal because of his decades of experience.
Beginning at the end of his time in the high schools, Tim Sykes has, since then, made over $6 million of profits during his long and successful career as a trader. At 25 years old Tim Sykes had received greater exposure and an even wider influence over time when he was a part of the reality series “Wall Street Warriors.” He then took advantage of it to develop trading rooms as well as penny stock themes as well as educational content targeted at those who are new to trading. He also helped establish Profit.ly as a platform for transparency and for the community to uplift and compete against each other on the platform.
The Profit.ly Gurus
One of Profit.ly’s amazing features is the variety of learning tools, trade alerts and other useful stuff offered by the company’s internal gurus. The gurus in question refer to experts in the field of trading who have made significant amounts of profit from their collective years of expertise. Tim Sykes Blsp
At its height, Profit.ly had housed up to five gurus, all of them an expert in their field of expertise within the world of trading. Some of the most prominent experts included Connor Bruggermann, Nathan Michaud of Investors Underground, and Triforce among others. As of this writing, only two gurus remain on this platform: the founder as well as penny-stock trader Tim Sykes and veteran smallcap swing trader Paul Scolardi, also known as Superman. In light of that Let’s look at what packaged deals each guru offers.
From Tim Sykes Tim Sykes
Sykes provides a basic stock trading service that focuses on penny stock day trading through Tim’s Alerts. The cost is $74.95 monthly, you’ll be able to see him focus on the fundamental catalysts for stocks and utilize them to anticipate the next moves that could occur when trading.
A single purchase from Tim’s Alerts will get you access to the chatroom and the mobile app that’s available for iOS and Android devices, as well as email, text and push alerts; as well as a daily watchlist of stocks.
from Tim Sykes: The Pennystocking Silver Package
Pennystocking Silver is the most premium version that has been upgraded of the Tim’s Alerts package. Priced at $149.95 for a month this is an ideal plan for those who are invested in the penny-stock market. Pennystocking Silver comes with all the standard features found in prior plans, such as swing trading alerts as well as unlimited access to an extensive library of over 7,000 educational videos and new videos released every week.
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From “Superman” Paul Scolardi: Superman Alerts
Scolardi who goes under the name “Superman,” is a swing trading professional with an eye for tiny-cap massive stocks as well as wildly accurate marketing forecasts. Through the years since when he first started trading, Superman has amassed over $5.5 million in total trading profits. Tim Sykes Blsp
The Superman Alerts package is his package of vital features and trading alerts geared towards those who might be interested. For $147/month, you’ll get an access to the day-to-day premarket stock watchlist and the mobile application, daily market updates in real-time, as well as SMS and e-mail alerts.
The film “Superman” Paul Scolardi: Superman Pro
For $247 per month, you can enjoy additional features, plus access to an extensive base of knowledge provided by Superman himself via Superman Pro. Superman Pro package. In addition to the basic features that are included in the Alerts plan, Superman Pro gives you weekly video lessonsthat include a growing library of all previous lessons. Additionally, you’ll also get the ability to access premium reports on research as well as the IPO or earnings monitor.
Profit.ly Programs and Costs
If you’re looking to join the world of online trading and make a mark on the field, Profit.ly has the right amount of resources to get you going. The platform has three membership levels that are designed to accommodate traders with different levels. Let’s take a look at what these three levels are and what they will cost you.
Novice Plan
The Novice package is Profit.ly’s entry-level plan designed especially for people who are brand new to the trading community. When you sign to this plan, you will be immediately given a slew of robust and indispensable trading tools, each one of them essential in keeping your fingers on what we call a competitive process by itself.
The list of features you can accomplish using Profit.ly’s Novice program is the capability to check trades and track profits; leading, following and even texting other traders; and leaving feedback on today’s trades. It also allows you to be on leaderboards, analyze your trades, sort as well as filter trades and, lastly, view other people’s statistics.
The Novice plan will cost $29.95 per month. While it may look attractive just by the price however, there’s a drawback. You can’t create a private profile, which makes your actions public. If you do want to get the benefit of this service, keep an eye on us as we present to you Profit.ly’s new plan.
The Trader Plan
The Trader plan allows you to use a majority of features from The Novice package. This plan allows that you are able to create a private profile for sharing with fellow associate users all the insights and knowledge you gain from the trading community.
Priced at $49.95/month, Profit.ly’s Trader plan is exactly what it says catering people who want to develop their expertise in trading. As nice as it seems however, there’s a crucial element that’s missing. In contrast to the Novice package, you will not be able to view other traders’ stats this could be a disadvantage for those who are anticipating this level. Tim Sykes Blsp
Pro Plan
The Pro plan is the highest premium package that Profit.ly could offer for seasoned traders. With $74.95 each month and 22% off for annual billing This plan offers it all. You get full, no-holds-barred access to all the features of the prior plans.
In addition, you’ll be able to view other people’s stats, but you’re also given the opportunity to create your own private profile. Both of these features, plus the other advantages that you can utilize to their fullest capacity. If you’re in search of an option that gives 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 tools for training and Leaderboards Profit.ly provides a variety of more services it has to offer. One of these is its online store, which lets users pick from a range of instructional videos that are created to help you understand the ins and outs of trading. Each of the offerings listed on this page of the site can be immediately purchased for personal use. Among these products include best-sellers like”Trading Tickers,” the “Trading Tickers” series by trader expert Tim Grittani, Timothy Sykes’s collection of DVDs and streaming-only content on penny stocking, short stocking, as well as all aspects of trading. There are also clips and footage from events like the Annual Pennystocking Conference, and items from other experts in trading.
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Chat rooms integrated into Profit.ly are included in Profit.ly’s range of services and features. You are probably familiar with the concept of the chat room since you can see it across social and messaging platforms, and also on a few specialty websites that provide live chat assistance. But on Profit.ly the chat room is viewed as a hands-on area where experts and member traders can communicate and exchange knowledge in real-time. Every guru has their own way in operating their chat room and dealing with the members there. One of them may be more laid back and less active, while another may be more interactive and online with their students. Think of chat rooms like Profit.ly’s version of a forum, in 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 beginners to experienced pros. With the variety of deals it has to offer, the platform surely has something for all.
For instance, newbies can take advantage of Profit.ly’s library of learning content offered throughout the platform. Not only will they be provided with videos every week and chat room advice by its internal gurus and their members. They’ll also be able to choose from the items on its store online for them to take wherever they may travel. You can also get hands-on experiences by trading through the platform, however they’ll be able to realize that trading is a high stakes game that shouldn’t be treated as a joke.
For traders who have years of exposure down the line, we believe Profit.ly as equally as suitable to the newcomers. While the newbies may not be as well-equipped with handling trading matters but the experts already know how it works and the stack full of risks that it carries. In the ideal scenario, they can make use of Profit.ly’s range of options to their maximum advantage to improve their trading abilities. As beginners, they are able to learn from the experts and experts and utilize those short tips and tricks along the way.
Profit.ly’s “all-in” approach does not only apply to beginners and semi-experienced traders. Verified experts can also join in the fun! Those in the trading industry who are on similar levels to Superman or Tim Sykes can also use up Profit.ly’s capabilities to showcase their skills to others as a way to help assist them in the ever-changing trading process. Tim Sykes Blsp
Profit.ly’s Pros and Cons
The Pros
- Profit.ly’s diverse capabilities as a ‘one-stop’ stock trading platform allows traders from all over the world with tons of learning communications, trading, and communication tools
- You will receive excellent training and advice from the company’s internal experts, which include libraries of educational videos and trading in real-time.
- You’re guaranteed transparency throughout Profit.ly with precise analytics as well as fellow traders ready to call you out whenever something happens
- The platform’s leaderboard feature gives you a way to build your reputation as a reliable and dependable trader
- Apart from its main capabilities, Profit.ly also gives its customers additional options to meet their needs, like posting unauthentic trades via images
- Profit.ly’s diverse range of subscription levels and guru packages are priced at affordable rates There’s something for all
The Cons
- Profit.ly’s bountiful stream of packages and products offered may not be enough for the majority of its customers
- Since traders can choose to open any kind of trade, there is a possibility that some of them could profit from cherry-picking the best trades to increase the rating This could be a risk that shouldn’t be simply overlooked
- Profit.ly does not offer refunds as its premium users are expected to instantly benefit from the many features the platform is able to offer
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The Final Concluding Question is: Is Profit.ly Valued?
If we were able to come up with an answer to this question, it’s yes. However, you must 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 to achieve this goal. Instead, you need to have an open mind. Tim Sykes Blsp
What we do mean by ‘yes’ is that it can be a great learning tool. People who are stuck might find Profit.ly’s array of resources to be helpful when they try their best to avoid losses and be more successful than they did before. It’s not only the struggling traders that will benefit from this platform. It can accommodate beginners and even experts in the field!
If you truly desire to be better at trading and wish to be taught by your fellows and gurus throughout the process, then take a look at Profit.ly. Profit.ly is a fantastic choice to start.
FAQ Tim Sykes Blsp
How can you make use of Profit.ly to publish your trades?
Profit.ly offers an entry section for trades within the My Trade section of the dashboard which allows you to post your trades that are verified or otherwise. You may choose between three options:
- Connecting your account to your brokerage of choice and importing transactions directly through there
- Manually inputting your trades with provided spaces and specifics
- Take a photo of your transactions
What can I do to determine whether the trade can be verified or not?
If you import your trade through a reliable brokerage, there’s the probability that it’s verifiable. This is evident by the blue check mark. If you post it manually or through screenshots, it will automatically be classified as unverified.
The downside of having an unauthenticated trade is the chance of getting downvotes from your fellow peers. Too many downvotes may cause you to be listed on the Madoff leaderboard, where people are able to identify who is dishonest in posting trades.
Are the Profit.ly mobile app still available?
At the time of writing, Profit.ly is still available for download on 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 currently connected to Profit.ly?
Profit.ly currently houses over 150,000 investors and traders as they not only are seeking to make the most profit but also to help one another develop and grow in their ability to take advantage of opportunities on the stock market left and right.
