The stock market can be an extremely risky game. On some days, you could be reaping the benefits of positive and satisfactory numbers. However, on other days it could be the reverse, and it may sometimes be very difficult to get back to where you were at your best. If you are always in the mud You will need to recognize that relying on pure instinct and preservation might not be enough.
If you’ve experienced losses from time to time, you’re gonna be needing sound advice from tried-and-tested trading experts. Additionally, you’ll require an important boost from fellow traders from around the world, which is why we’ve discovered an online platform that will help you in your growth within the field. This review will be taking the time to look at Profit.ly, a well-recognized 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.
Total Rating: 4.1/5 Tim Sykes Challenge Login
The User’s Experience 4.5/5
Profit.ly offers an internet-based trading service that allows traders of all levels to be knowledgeable and accountable, as well as transparent and to build relationships with each other through its broad array of tools and features including 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 learning and training platform for traders new to trading as well as a place for experienced traders to track their performance using the aid of advanced analytics tools. Providing users with a wide range of resources for trade and communication and letting traders from every field of business connect with one another. It also allows gurus to make worthwhile investments within the confines of this platform. Imagine it as the social media equivalent the likes of Facebook and Reddit however it is geared towards traders and experts.
Profit.ly independently validates trade performance and publishes all data from them in the style of leaderboards. The trading platform is built on transparency and honesty: it guarantees that the trades are valid and won’t allow for fraud as much as is humanly possible. It was founded many years ago by penny expert in stock trading and investment expert Timothy Sykes, along with his colleague Michael Mosseri.
In an interview with Forbes magazine Sykes said that Profit.ly was motivated by its focus “on showing all trades, something that was never prior to.” This idea Sykes said served two objectives: one) creating public track records for everyone, not just the experts, but also the newsletter writers and students as well as) making it possible for anyone on the platform to be enlightened by both losses and wins to the benefit of the trading industry. Tim Sykes Challenge Login
How Does It Work?
Profit.ly utilizes a subscription model which allows stock traders to benefit from a variety of features and services aimed at achieving achievement. You may set up an account there for free, but you’re limited to access to the leaderboard and follow the activities of people who aren’t gurus. If you’re ready 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 deals that we’ll 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 have an opportunity to make through high on the leaderboard. Profit.ly’s leaderboard feature, as previously mentioned was designed to offer its users a look at the performance of the trading community as well as its gurus. It’s not just a way to show value to a large group of traders. You are also able to use Profit.ly to purchase from a guru with the assurance that you’re comfortable in their skills and the veracity of their claims.
If you are unsure about the idea of divulging information about your account with a brokerage, then you could opt to post your trades, whether verified or otherwise, through photographs. Also included in Profit.ly are a variety of trading courses and the capability to see stats in a trader’s profile, and more ways to connect with your gurus through the chatroom as well as email and text alerts as well as updates.
Meet the Founder: Tim Sykes
Timothy Sykes is a well-renowned day trading guru who has been famously known for delving his hands into penny stock trading. According to Investopedia, a penny stock refers to a small-sized company’s shares that trade for less than $5 per share. The penny stock market is an opportunity for small businesses to transition into a larger market because they can access funds from the public. However, don’t get it wrong – it’s also a high-risk game, which Sykes is sure to reveal thanks to his years of experience.
Since his initial beginnings in his late years in the high schools, Tim Sykes has, since then, made over $6 million of profits during his long and successful career as trader. At the age of 25 Tim Sykes had received greater exposure and a larger influence over time as a participant in the reality series “Wall Street Warriors.” Then, he used the opportunity to develop trading rooms and penny stock themes as well as educational content targeted at those who are new to the trading field. He also helped to establish Profit.ly as a platform for transparency and for the community to lift each other up and compete with each other on the platform.
The Profit.ly Gurus
One of Profit.ly’s amazing features is the vast array of learning sources, trade alerts as well as other useful information provided by the company’s internal gurus. The gurus in question refer to the trading experts who have earned significant amounts of profit through their years of experience. Tim Sykes Challenge Login
At its peak, Profit.ly had housed up to five gurus, all of them an expert in their field of expertise in the trading industry. Some of the prominent experts were Connor Bruggermann, Nathan Michaud of Investors Underground, and Triforce, among a few others. At the time of writing, however, only two gurus remain on this platform: Founder of the penny stock market 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 packaged offers each guru offers.
From Tim Sykes Tim Sykes
Sykes offers a basic stock trading service that focuses on penny stock day trading through Tim’s Alerts. At $74.95 for a month you’ll be able to see him focus on the fundamental stock catalysts and use them to forecast the next move that is possible when trading.
A standalone purchase from Tim’s Alerts will get you access to the chatroom as well as the mobile app that’s available on iOS as well as 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 that has been upgraded of the Tim’s Alerts package. At $149.95 per month, it is the perfect plan for investors who are involved in the penny-stock market. Pennystocking Silver offers all the essential features found in prior plans, including swing trading alerts as well as unlimited access to a library of over 7,000 educational videos that are updated weekly.
From “Superman” Paul Scolardi: Superman Alerts
Scolardi who goes under the name “Superman,” is a trader who has an eye for massive stocks of the small-cap size and insanely accurate marketing forecasts. In the time since he began as a trader, Superman has amassed over $5.5 million in trading profits. Tim Sykes Challenge Login
The Superman Alerts plan is an package of vital features and alerts on trading geared toward those who may be interested. For $147/month, you’ll get access daily stock watchlist that is premarket along with the mobile app, the 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, plus access to the extensive knowledge base that is provided by Superman himself via Superman Pro. Superman Pro package. On top of the essentials featured in the Alerts plan, Superman Pro gives you weekly video lessons, including the growing collection of other previous ones. On top of that you’ll also gain an access to high-quality research papers as well as the IPO as well as earnings tracking tool.
Profit.ly plans and costs
If you’re eager to join the trading community on the internet and leave a mark in the market, Profit.ly has the right amount of resources to help you started. The platform offers three membership tiers, each designed for traders of different levels. Let’s look at what the three levels are and what they will cost you.
This package for novices is Profit.ly’s basic plan that is designed specifically for those who are just beginning their journey to the trading world. Once you have signed up for this package you’ll be offered a range of strong and essential trading tools, all of them integral in keeping your fingers on what can describe as a cutthroat process by itself.
The list of features you can do using Profit.ly’s Novice package is the capability to check trades and track profits as well as leading, following and even chatting with your fellow traders; and providing feedback on trades today. It also allows you to be onto leaderboards; study, sort, and filter your trades; and lastly, look at other’s stats.
The Novice plan is $29.95 per monthly payment. Although it looks 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 looking to gain the benefit of this service, you should keep an eye on us as we present to you Profit.ly’s new plan.
The Trader Plan
The Trader package allows users to benefit from a majority of features from the novice plan. It is in this plan that you can set up an account that is private to share with fellow associate users all the insights and intel in the trading community.
The price is $49.95/month, Profit.ly’s Trader plan is exactly what it says catering to those who desire to harness their trading skills. Although it’s a nice thing however, there’s a crucial aspect that’s not included. In contrast to the Novice package, you won’t be able to see the statistics of other traders, which could be a disadvantage for those eager to try this new tier. Tim Sykes Challenge Login
The Pro plan is the highest luxurious package Profit.ly can offer to experienced traders. At $74.95 each month and 22% off when billed annually This plan offers everything. It gives you full, unlimited access to all the options of the prior plans.
In addition, you’ll be able to view other people’s stats, but you’re also given the chance to create your own private profile. Both of these options, on top of all the benefits that you can use to the fullest potential. If you’re looking for an option that gives you everything you need as trader with experience, the Pro level is the right choice for you!
Profit.ly’s Other Services
Apart from the tools for training and leadersboards Profit.ly has a few more services it has to provide. One of those is its online store, which allows users to pick from a range of videos that are designed to educate and provide guidance on the ins and outs of trading. All of the products featured in this section of the website is available to be purchased immediately for personal use. Among these products include best-sellers such as”Trading Tickers, “Trading Tickers” series from trading specialist Tim Grittani, Timothy Sykes’s collection of DVDs and streaming-only content related to short stocking, penny stocking, and all other related to trading, videos and scenes from events like the Annual Pennystocking Conference, and products from other expert traders.
The integrated chat rooms are also part of Profit.ly’s variety of services and features. You are probably familiar with chat rooms since you can see it across messaging and social platforms, and also on a few specialty websites that provide live chat assistance. However, in Profit.ly the chat room is viewed as a real-time space where experts and their 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. Some may be more laid back and rarely engaged, while another could be more active and in touch with their students. Consider chat rooms as Profit.ly’s version of a forum, in essence.
Who is the best Trader for Profit.ly?
Profit.ly’s wide range of products and features cater to a large variety of stock trader types, from novices to experienced professionals. Given the wide range of options it can provide this platform definitely has something for everyone.
Newbies, for instance, will appreciate Profit.ly’s library of learning information available on the platform. They will also get daily videos and chat room advice by its internal gurus and members. Additionally, they can select from the products from its online store to carry with them wherever they go. They can also gain hands-on experiences by trading through the platform, but eventually, they will soon learn that this is a risky game that should not be viewed as a joke.
For traders who have many years of experience down the line, we believe Profit.ly equally suitable for them as it is for people who are just beginning. While the newbies may not be as well-equipped with managing trading however, experienced traders know how it works and the plethora of risks that come with it. It is ideal to utilize Profit.ly’s variety of features to their best advantage to enhance their trading abilities. As beginners, they are able to learn from the top experts and experts , and use those simple tips and hints along the way.
Profit.ly’s “all-inclusive” nature isn’t limited to novices or semi-experienced trader. Verified experts can also join in the fun! Those in the trading industry who are at similar levels to Superman and Tim Sykes can also use the power of Profit.ly’s capabilities to display their skill to others in order to navigate them through the ever-changing trading process. Tim Sykes Challenge Login
Profit.ly’s Pros and Pros and
- Profit.ly’s numerous capabilities as a “one-stop’ stock trading platform enable traders from all over the world with tons of learning tools, communication, and trading tools
- You will receive excellent training and insights from its internal experts, which include collections of educational videos as well as trading in real-time.
- You can be sure of complete transparency through Profit.ly by using accurate data as well as other traders ready to call you out if something occurs.
- The leaderboard feature on the platform gives you the chance to establish your credibility as a trustworthy and dependable trader
- Apart from its main abilities, Profit.ly also gives its users extra options to suit their preferences, such as posting trades that are not authentic by taking screenshots
- Profit.ly’s diverse range of packages and subscription levels are priced at reasonable prices There’s something for every person
- Profit.ly’s abundance of packages and products offered may be too much for the majority of its customers
- As traders may opt to make any type of trade, there is a possibility that some of them may take advantage by picking the most profitable trades to improve their ratings This could be a risk that shouldn’t be overlooked.
- Profit.ly does not offer refunds as its premium users will immediately take advantage of the numerous services that the platform can offer
The Final Verdict is: Is Profit.ly Valued?
If we could come up with the answer, it would be yes. However, you must realize that it shouldn’t be treated as a get-rich-quick scheme. The platform wasn’t originally designed to be used for this reason. Instead, you should have curiosity. Tim Sykes Challenge Login
What we are referring to”yes” is it is a fantastic learning tool. For those who are struggling, they could find Profit.ly’s range of resources useful in their efforts to reduce losses and be more successful than before. It’s not just the poor traders that can benefit from the platform. It can accommodate beginners and even experts!
If you truly care about being a better trader and want to be taught by your mentors and peers along the way, then you should look no further than Profit.ly. Profit.ly is a fantastic choice to start.
FAQ Tim Sykes Challenge Login
How can you make use of Profit.ly to make your trades public?
Profit.ly includes a trade entry portion in the “My Trade’ category of the dashboard. It lets you post your trades, either verified or otherwise. There are three options:
- Linking your account with your brokerage of choice and then importing trades directly from there
- Manually entering your trades into specified spaces and information.
- Take a photo of your trades
What can I do to determine whether the trade is authentic or not?
If you purchase your trade through a reliable brokerage, there’s the probability that it’s verifiable. This is shown by the small blue check. If you post it manually or through pictures, it will be assigned as unverified.
The disadvantage of an unverified trade is the chance of receiving negative feedback from fellow peers. A large number of downvotes could result in you appearing at the top of the Madoff leaderboard, which is where the public can see who’s untruthful in submitting trades.
Does the Profit.ly mobile app still in use?
As of the moment, Profit.ly is still available to download from the App Store for Apple and the Google Play store. The mobile version of the app is compatible with most working smartphones and tablets.
How many people are currently using Profit.ly?
Profit.ly currently houses more than 150,000 traders and investors, as they not only are trying to maximize profits but also to help one another grow and learn more about acquiring stock market opportunities left and right.