The stock market can be a high-stakes game. Some days, you may enjoy the benefits of positive and satisfactory numbers. However, on other days you may experience the opposite and it can be very difficult to return to where you were your best. If you are constantly stuck in the gutter it is important to recognize that relying on your instincts and preserving may not always be enough.
If you’ve suffered loss from time to time You’ll need solid advice from seasoned and tested trading experts. You’re also gonna need a significant boost from your colleagues in the market from all over the world, which is why we’ve found a platform that can support you in your growth in the industry. We’ll take the time to look at Profit.ly is a well-known single-stop social platform to trade!
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 Brokers 2021
Value: 4.1/5
Quality: 4.1/5
Costs: 4.1/5
The User’s Experience 4.5/5
Summary
Profit.ly offers an internet-based trading service that permits traders of different levels to be knowledgeable and accountable, as well as transparent and to build relationships with one another through its wide array of tools and features including chat rooms, trade verification, and an enriched library of educational content.
How do I define Profit.ly?
Profit.ly is a site for trading which serves as a training and learning platform for people who are starting out and also as a platform for experienced traders to track their performance with the help of advanced analytics tools. It provides users with a vast variety of tools for trade and communication that help traders from all walks of life network with one another. It gives the gurus worthy investments within the boundaries of the platform. Consider it the social media equivalent the likes of Facebook and Reddit however it is geared towards experts and traders.
Profit.ly independently verifies trade performances and then publishes the information of them in the manner of leaderboards. The platform’s trading model is based on trust and transparency. it guarantees that the trades are valid and won’t accept fake news as long as is humanly possible. It was created years ago by the penny stock trade expert and investment guru Timothy Sykes, along with his colleague Michael Mosseri.
One time , during an appearance in Forbes magazine Sykes said that Profit.ly was based “on showing the entire spectrum of trades, something which was never done before.” The concept Sykes said served two goals: 1.) creating public track records for everyone, not just the experts, but also the students and newsletter writers as well as) giving all users to gain insight into both losses and wins to benefit the industry of trading. Tim Sykes Brokers 2021
How Does It How Does It
Profit.ly follows a subscription-based model that lets stock traders gain access to a multitude of tools and services that are geared at achieving success. It is possible to create an account for free, but you’re only limited to having the ability to navigate through the leaderboard and follow the activities of people who aren’t gurus. If you’re looking to invest your money in order to find out what stocks the experts are trading in real-time, you will need to subscribe to any of Profit.ly’s offers, which we will go over shortly.
Setting up an account is easy: create a profile with your experiences and expertise, connect to your brokerage account, and you’ll be given a chance to shoot your way up to high on the leaderboard. Profit.ly’s leaders’ board feature as we’ve mentioned earlier was designed to offer its users an insight into their performance as a trading group and its experts. It’s not only a chance to demonstrate your worth to a large group of traders, as you can also utilize Profit.ly to buy with a guru, and have the assurance that you’re confident of their knowledge and the veracity of their assertions.
If you are unsure about the concept of leaking the details of your broker account you may opt to post your trades, either verified or otherwise, through pictures. Also included in Profit.ly are a variety of courses in trading, the ability to view the stats of a trader’s account, and more ways to interact with your experts via chatrooms 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 personality who is well-known for his efforts in penny stock trading. According to Investopedia, a penny stock is a small business’s stock which trades at less than $5 per share. The penny stock market could be viewed as an avenue for small businesses to transition to a market that is larger as it allows them to access money from the general public. But don’t make the mistake of thinking that it can also be an extremely risky game, as Sykes will be able to tell you through his many years of expertise.
Beginning in the latter years of the high schools, Tim Sykes has, since then, earned more than $6 million in earnings through his lengthy career as a trader. When he was 25 years old, he had been given more exposure and a wider impact when he was a part of the reality show “Wall Street Warriors.” He then used the opportunity to establish trading rooms and penny stock themes as well as educational content targeted at those who are just beginning to learn about trading. He also helped establish Profit.ly as a place 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 vast array of education resources, 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 proven to make substantial profits from their collective years of knowledge. Tim Sykes Brokers 2021
At its height, Profit.ly had housed up to five gurus, each of them an expert within their particular field in the trading industry. Some of the most famous experts were Connor Bruggermann, Nathan Michaud of Investors Underground, and Triforce among others. At the time of writing, only two gurus remain on the 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 we’ll take a look at the packages each guru can offer.
From Tim Sykes Tim Sykes: Tim’s Alerts
Sykes provides an essential stock trading service that focuses on penny stock day trading through Tim’s Alerts. The cost is $74.95 monthly, you will observe him focus on basic stock catalysts and employ them to forecast the next moves that could occur when trading.
A purchase on its own in Tim’s Alerts will get you access to the chatroom and the mobile app available to iOS and Android devices, texts, emails and push alerts; and a daily stock watchlist.
Tim Sykes: From Tim Sykes: The Pennystocking Silver Package
Pennystocking Silver is the highest-quality, upgraded version of the Tim’s Alerts package. At $149.95 for a month this is an ideal plan for investors who are invested in the penny-stock market. Pennystocking Silver offers all the essential features of earlier plans including alerts for swing trading and access to a library of over 7,000 educational videos that are updated each week.
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The following video is from “Superman” Paul Scolardi: Superman Alerts
Scolardi who goes under the alias “Superman,” is a professional in swing trading with 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 Brokers 2021
The Superman Alerts plan is his offering of essential features and trading alerts targeted towards those who might be interested. For $147/month, you’ll get access to the daily premarket stock watchlist along with the mobile application, daily market updates in real time, and SMS and e-mail alerts.
From “Superman” Paul Scolardi: Superman Pro
For the price of $247, you receive additional features, as well as access to an extensive base of knowledge provided by Superman himself via his Superman Pro package. On top of the essentials featured in the Alerts plan, Superman Pro gives you weekly video lessons, including an ever-growing library of other previous ones. On top of that you’ll also gain the ability to access premium reports on research as well as an IPO or earnings monitor.
Profit.ly Programs and Costs
If you’re ready to join the online trading community and leave your mark on the market, Profit.ly has the right amount of resources to get you up and running. Profit.ly offers three membership levels that are designed to accommodate traders with different levels. Let’s take a look at what these three tiers are and how much they will cost you.
Novice Plan
This package for novices is Profit.ly’s basic plan that is designed specifically for people who are brand new to the trading world. Once you have signed to this plan, you will be immediately offered a range of strong and essential trading tools, all of which is essential to keep your fingers on what we can describe as a cutthroat procedure in its own.
Among the list of things you can do using Profit.ly’s Novice package include the ability to verify trades and track profits; leading, following, and even messaging other traders; and leaving feedback on today’s trades. It also allows you to be on leaderboards, analyze the results of your analysis, sort, and filter your trades and, lastly, view the statistics of other traders.
The Novice plan will cost $29.95 per month. While it may look attractive for the price alone, there is a downside. It isn’t possible to create a private profile, which makes your activities publicly available. If you’re interested in have access to this feature, be watching for us to introduce to you Profit.ly’s next strategy.
Trader Plan
The Trader package lets you to take advantage of the majority of features available in the novice plan. In this plan, that you can create an account that is private to share with fellow associate users all your knowledge and intel in trader’s community.
Costing $49.95/month, Profit.ly’s Trader plan will do what the name implies caters for those looking to harness their trading skills. Although it’s a nice thing, there is one significant element that’s missing. In contrast to the Novice package, this one won’t be able to see the statistics of other traders that might be a drawback for some who may be looking forward to this tier. Tim Sykes Brokers 2021
Pro Plan
The Professional plan can be described as the highest premium package that Profit.ly can offer to experienced traders. With $74.95 each month which includes 22% off for annual billing, this tier has it all. It gives you full, unlimited access to all the features of the prior plans.
You’re not only able to see other users’ stats, but you’re also given the opportunity to create a private profile. Both of these features, in addition to the advantages that you can utilize to the maximum extent. If you’re looking for a plan that can serve you with everything you require as trader with experience, the Pro level is the right choice for you!
Profit.ly’s Other Services
Apart from the trainer tools and Leaderboards Profit.ly offers a number of more services it has to offer. One of these is its online store, which allows users to choose from a wide array of videos that are designed to educate and help you understand the ins and outs of trading. All of the products featured on this page of the site can be bought immediately for your personal use. These include best-selling products like”Trading Tickers,” the “Trading Tickers” series by trader specialist Tim Grittani, Timothy Sykes’s library of DVDs and streaming-only content about penny stocking, short stocking, as well as all related to trading, videos and scenes from the Annual Pennystocking Conference, and other products by expert traders.
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The chat rooms that are integrated are also part of Profit.ly’s range of features and services. You may be familiar with the concept of chat rooms since you will see it on messaging and social platforms, as well as some specialty websites that offer live chat support. However, in Profit.ly, it is seen as a real-time area where experts and members trade and learn in real time. Each guru has their style in running their chat rooms and in dealing with the members. One of them may be a laid-back person who is not very often active, while another may be more online and communicative with their students. Think of chatrooms as Profit.ly’s version of the forum, in its essence.
Who is the Ideal Trader for Profit.ly?
Profit.ly’s wide range of products and features caters to an array of stock traders, from novices to the most experienced. With the variety of deals it can provide this platform definitely has something for everyone.
For instance, newbies can take advantage of Profit.ly’s knowledge-based information available on the platform. Not only will they get daily videos and chat room tips from its in-house gurus and their members. They’ll also be able pick from the merchandise available on its store online for them to take wherever they may travel. They can also gain hands-on experiences from trading within the platform, but eventually they’ll be able to realize that the process is a risky game that shouldn’t be treated as an opportunity to make fun of.
For traders who have decades of experience in the line, we see Profit.ly equally suitable to them as those who are just starting. Although the novices might not be as adept at dealing with trading issues however, experienced traders know the way it functions and the stack full of risks associated with it. It is ideal to make use of Profit.ly’s array of options to their maximum advantage to improve their skills in trading. Like beginners, they can learn from the experts and experts and utilize those short tips and tricks along the way.
Profit.ly’s “all-inclusive” nature isn’t limited to novices and semi-experienced traders. Experts who have been verified can also participate in the fun! People in the trade industry who are on the same level as Superman and Tim Sykes can also use Profit.ly’s capabilities. Profit.ly’s capabilities to display their skill to others in order to navigate them through the ever-changing trading process. Tim Sykes Brokers 2021
Profit.ly’s Pros and Cons
The Pros
- Profit.ly’s diverse capabilities as a ‘one-stop’ stock trading platform enable traders from all over the world with an abundance of knowledge communications, trading, and communication tools
- You will receive excellent training and tips from the internal experts, which include video libraries that teach you how to learn and trading in real-time.
- You can be sure of complete transparency through Profit.ly by using accurate data as well as fellow traders ready to call you when something goes wrong.
- The leaderboard feature of the platform offers you the opportunity to increase your credibility as a trustworthy and authentic trader
- In addition to its primary capabilities, Profit.ly also gives its users extra options to suit their individual preferences, for instance, posting unverifiable trades through screenshots
- Profit.ly’s variety of subscription plans and guru packages are priced at a reasonable cost There’s something for everyone
The Cons
- Profit.ly’s numerous packages and products offered may not be enough for a lot of its customers
- Since traders can choose to open any kind of trade, there is the possibility that some of them will profit by selecting the best trades in order to increase the rating this could be a concern that should not be overlooked.
- Profit.ly will not allow refunds, as its premium users will immediately take advantage of the numerous services the platform has to offer
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The Final Verdict: Is Profit.ly worth it?
If we were able to come up with an answer to this question, it would be yes. However, you must realize that the platform should not be used as a quick-fix scheme to make money. The platform was not always designed to be used for this reason. Instead, you need to have the ability to think with an open heart. Tim Sykes Brokers 2021
What we are referring to”yes” is that it can be a great learning tool. People who are stuck could discover Profit.ly’s range of resources useful as they do their best to avoid loss and perform better than before. Not only struggling traders who will benefit from this platform. It is able to accommodate novices and even experts!
If you truly desire to be a better trader and want to be taught by your fellows and gurus along the way, then you should look no further than Profit.ly. Profit.ly may be a great alternative to start.
FAQ Tim Sykes Brokers 2021
How do you use Profit.ly to publish your trades?
Profit.ly includes the option of allowing trade entries under the “My Trade’ category of the dashboard. It lets you record your trades, verifiable or not. There are three options:
- Linking your account with your brokerage of choice and then importing the trades from that directly
- Manually entering your trades into the spaces provided and details
- Send a screen shot of your trades
How do I know whether the trade can be verified or not?
If you buy your trade from a trusted brokerage, there’s the chance that it is verifiable. This is shown by the blue check mark. If you upload it manually or through screenshots, it will automatically be assigned as unverified.
The drawback of posting an unauthenticated trade is the possibility of getting downvotes from your fellow peers. A large number of downvotes could result in you appearing in the Madoff leaderboard, which is where the public are able to identify who is fraudulent in posting trades.
Is the Profit.ly mobile application still available?
As of the moment, Profit.ly is still available to download via the Apple App Store as well as in the Google Play store. The mobile version of the app is compatible with the majority of working smartphones and tablets.
How many are on Profit.ly?
Profit.ly currently houses more than 150,000 traders and investors, as they not only are looking to earn maximum profits but also help each other learn and improve in acquiring opportunities in the stock market left and right.
