The stock market can be an exciting game with high stakes. On some days, you might enjoy the benefits of positive and satisfying numbers. However, on other days you may experience the opposite and it could be extremely difficult to get back to the point you were at your best. If you’re immersed in the water, you will have be aware that relying solely on pure instinct and preservation might not be enough.
If you’ve suffered occasional losses, you’re gonna be needing solid advice from seasoned and tested trading experts. You’re also gonna need an important boost from colleagues in the market from all over the globe, which is why we’ve found a platform that can support you in your growth in the market. This review will be taking 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.
Total Rating: 4.1/5 Tim Sykes Conference
Value: 4.1/5
Quality: 4.1/5
Costs: 4.1/5
User Experience: 4.5/5
Summary
Profit.ly offers an internet-based trading service that permits traders of various levels to be knowledgeable and accountable, as well as transparent and encouraging one another through its wide array of tools and features including trade verification, chat rooms and a rich library of educational material.
What exactly is Profit.ly?
Profit.ly is a site for trading which serves as a learning and training platform for people who are starting out as well as a place for traders who are experienced to monitor their performance using the aid of sophisticated analytics tools. Providing users with a wide range of resources for trade and communication and letting traders from all walks of life network with one another. It also allows gurus to make worthy investments within the boundaries of this platform. Imagine it as the social media equivalent the likes of Facebook and Reddit but with a focus on traders and experts.
Profit.ly independently verifies trade performances and posts all the data of them in the manner of leaderboards. The trading platform is built on trust and transparency. it makes sure that trades are authentic and won’t tolerate inauthenticity as much as possible. It was founded many years ago by penny expert in stock trading and investment guru Timothy Sykes, along with fellow expert Michael Mosseri.
In an interview for Forbes magazine, Sykes declared that Profit.ly was based “on showing all trades, something that was never prior to.” This idea Sykes said served two purposes: 1) making public records for not just the gurus, but also the newsletter writers and students as well as) giving all users to gain insight into the losses and wins to the benefit of the trading industry. Tim Sykes Conference
How Does It How Does It
Profit.ly follows a subscription-based model which allows stock traders to have access to a range of features and services aimed at achieving success. You may set up an account on the site at no cost, however you’re only limited to having access to the leaderboard and follow the activities of people who aren’t gurus. If you’re looking to invest your money to see what stocks the experts are trading in real-time You’ll need to subscribe to any of Profit.ly’s deals, which we will discuss in the near future.
Making an account simple: Create an account with your experience and expertise, connect to your brokerage account and you’ll have a chance to shoot through the top of the leaderboard. Profit.ly’s Leaderboard function, which was we’ve mentioned earlier it is designed to provide its users a glimpse of their performance as a trading group and its experts. You’re not just allowed to prove that you’re worthy to the community of traders, as you are also able to use Profit.ly to buy with a professional with the assurance that you’re confident of their knowledge and the legitimacy of their claims.
If you are unsure about the idea of sharing information about your account with a brokerage, you may choose to publish your trades, either verified or otherwise, through screenshots. In Profit.ly is the huge selection of courses in trading and the capability to see the stats of a trader’s account, and more ways to connect 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 his efforts in trades in penny stocks. According to Investopedia, a penny stock is a small business’s stock that trades for under $5 for each share. Penny stock trading could be viewed as a stepping stone for small-scale businesses to make the transition to a large marketplace as it gives them access to capital from the public. But don’t be mistaken – it can also be a high-risk game, which Sykes is sure to reveal because of his decades of experience.
From his beginnings at the end of his time in high school, Tim Sykes has, since then, earned over $6 million of earnings throughout his illustrious career as a trader. At 25 years old, he had been given more exposure and a wider reach of influence 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 and educational content geared toward those who are new to trading. He also played a role in establishing Profit.ly as a place for openness, and to allow the community to rise and compete with each other on the platform.
The Profit.ly Gurus
One of Profit.ly’s most appealing features is the vast array of educational tools, trade alerts as well as other useful information provided by the platform’s in-house gurus. These gurus refer to the experts in trading who have made substantial amounts of money from their collective years of experience. Tim Sykes Conference
At its peak, Profit.ly had housed up to five gurus, all of them an expert in their niche within the world of trading. Some of the most prominent experts included Connor Bruggermann, Nathan Michaud of Investors Underground, and Triforce as well as a handful of others. At the time of writing however, only two gurus remain on this platform: the founder of the penny stock market Tim Sykes and veteran smallcap swing trader Paul Scolardi, also known as Superman. In light of that we’ll take a look at what packaged deals each guru has to offer.
From Tim Sykes: Tim’s Alerts
Sykes provides basic stock trading services which focuses on penny-stock day trading via Tim’s Alerts. Costing $74.95 for a month you will observe him focus on fundamental stock catalysts and use them to forecast 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 available on iOS and Android devices, text, e-mail and push alerts; and a daily stock watchlist.
from Tim Sykes: The Pennystocking Silver Package
Pennystocking Silver is the most premium version that has been upgraded of the Tim’s Alerts program. It costs $149.95 for a month this is an ideal plan for those who are involved in the penny-stock market. Pennystocking Silver offers all the essential features found in prior plans, which includes swing trading alerts and unlimited access to a rich library of more than 7,000 instructional videos that are updated weekly.
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From “Superman” Paul Scolardi: Superman Alerts
Scolardi, who goes by the name “Superman,” is a professional in swing trading with an eye for small-cap monumental stocks and crazy-accurate marketing forecasts. Since he began as a trader, Superman has amassed over $5.5 million in trading earnings. Tim Sykes Conference
The Superman Alerts plan is his package of vital features and trading alerts targeted to those interested. For just $147 per month, you’ll have access to the daily premarket stock watchlist and the mobile app, daily market commentary in real-time, and E-mail and SMS alerts.
In “Superman” Paul Scolardi: Superman Pro
For $247 per month, you can enjoy additional features and access to an extensive base of knowledge provided by Superman himself via his Superman Pro package. Alongside the standard features included in the Alerts package, Superman Pro gives you daily video lessons, which include the growing collection of the previous ones. On top of that you’ll also gain access to premium research reports as well as an IPO or earnings monitor.
Profit.ly Programs and Costs
If you’re ready to join the trading community on the internet and make a mark on the field, Profit.ly has the right amount of resources to get you up and running. The platform offers three membership levels that are designed to accommodate traders of different levels. Let’s look at what the three tiers are and how much they will cost you.
Novice Plan
This package for novices is Profit.ly’s beginning-of-the-line plan specifically for those who are new to the trading community. As you sign up for this package you’ll be provided with a variety of powerful and vital trading tools, all of them integral in keeping your fingers on what call a competitive procedure in its own.
The list of features you can accomplish using Profit.ly’s Novice program is the ability to verify the results of your trades and track profit; leading, following, and even messaging other traders; and giving feedback on the trades of today. You can also get onto leaderboards; study the results of your analysis, sort, and filter your trades; and, lastly, view other’s stats.
The Novice plan is $29.95 per monthly payment. While it may look attractive just by the price however, there’s a drawback. It isn’t possible to create a private profile, which makes your activities publicly available. If you’re looking to get access to this feature, be watching for us to introduce to you Profit.ly’s next plan.
Trader Plan
The Trader plan allows you to use a majority of features from the Novice plan. In this plan, that you are able to create a private profile to share with fellow associates all your insights and knowledge you gain from the trading community.
The price is $49.95/month, Profit.ly’s Trader plan will do what the name implies caters people who want to harness their trading skills. As nice as it seems but there’s one important feature that is missing. Unlike the previous Novice package, this one won’t be able view the statistics of other traders that could be a disadvantage for those looking forward to this tier. Tim Sykes Conference
Pro Plan
The Professional plan can be described as the highest expensive plan Profit.ly can offer to experienced traders. At $74.95 monthly, which includes an additional 22% discount for annual billing This plan offers it all. It gives you full, unlimited access to all the options of the previous plans combined.
In addition, you’ll be able to look at other people’s statistics, but you’re also given the option of creating an individual profile. Both of these options, in addition to the benefits that you can use to the maximum extent. If you’re in search of an account that will give you with everything you require as trader with experience, the Pro level is ideal for you!
Profit.ly’s Other Services
Apart from the provided training tools and the leaderboards, Profit.ly offers a number of more services it has to offer. One of these is its online store, where customers can pick from a range of videos that are designed to educate and provide guidance on 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, “Trading Tickers” series by trader expert Tim Grittani, Timothy Sykes’s collection of DVDs, streaming-only content on penny stocking, short stocking, as well as all aspects of trading. There are also clips and clips taken from The Annual Pennystocking Conference, and items from other experts in trading.
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Chat rooms integrated into Profit.ly are also part of Profit.ly’s range of features and services. You are probably familiar with the chat room since you can find it throughout social and messaging platforms as well as some specialty websites that offer live chat support. However, in Profit.ly, it is seen as a hands-on place where gurus and their member traders can communicate and learn in real time. Each guru has their style in operating their chat room and in dealing with the members there. Some may be more laid back and not very often active, while another might be more active and in touch with their students. Think of the chatrooms as Profit.ly’s version of the forum in its essence.
Who is the best Trader for Profit.ly?
Profit.ly’s wide range of products and features are geared towards a large variety of stock traders, ranging from novices to the most experienced. With the variety of deals it can provide it is certain to have something for everyone.
Newbies, for instance, can take advantage of Profit.ly’s collection of educational information available on the platform. In addition, they will be provided with videos every week and chat room tips from the in-house experts and members. They’ll also be able to choose from the items in its online store that they can take with them wherever they may travel. Additionally, they can gain practical experience trading on the platform, but ultimately they’ll realize that trading is a risky game that should not be viewed as an opportunity to make fun of.
For the traders with years of exposure down the road, we consider Profit.ly as equally as suitable to them as the newcomers. While novice traders may not be as adept at dealing with trading issues, the pros already understand how it works along with the stack full of risks associated with it. Ideally, they may utilize Profit.ly’s variety of features to their full advantage to develop their trading skills. Like novices, they can learn from the experts as well as experts, and take advantage of simple tips and hints throughout the process.
Profit.ly’s “all-inclusive” nature does not only apply to beginners and semi-experienced traders. Certified experts can also take part in the enjoyment! People in the trade industry who are at an equal level with Superman as well as Tim Sykes can also use Profit.ly’s capabilities. 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 Conference
Profit.ly’s Pros and Pros and
The Pros
- Profit.ly’s numerous capabilities as a ‘one-stop’ stock trading platform allows traders across the globe with a wealth of education, communication, and trading tools
- You will be provided with excellent lessons and insights from its inside experts, as well as 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 and fellow traders who are ready to reach you out whenever something happens
- The leaderboard feature of the platform offers you the chance to establish your credibility as a trustworthy and verifiable trader
- In addition to its primary abilities, Profit.ly also gives its users extra options to suit their individual preferences, for instance, posting unverifiable trades through images
- Profit.ly’s diverse range of subscription plans and guru packages are priced at affordable rates There’s something for every person
The Cons
- Profit.ly’s numerous products and packages offered might not be enough for a lot of its users
- 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 problem that shouldn’t be simply overlooked
- Profit.ly will not allow refunds as the premium customers are expected to immediately take advantage of the numerous services the platform has to offer
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The Final Concluding Question: Is Profit.ly Worth It?
If we could think of an answer to this question, it’s yes. However, you must realize that the platform should not be used as a quick-fix scheme to make money. The platform wasn’t originally designed to be used to achieve this goal. Instead, you need to have the ability to think with an open heart. Tim Sykes Conference
What we mean”yes” is it can be a great learning tool. Those who may be stuck could be able to find Profit.ly’s variety of resources useful when they try their best to avoid loss and perform better than before. Not only poor traders that can benefit from the platform. It can accommodate beginners and even experts!
If you truly want to become a better trader and want to be taught by your fellows and gurus on the way, you should look no further than Profit.ly. Profit.ly could be a good option to begin.
FAQ Tim Sykes Conference
What are the best ways to use Profit.ly to post your trades?
Profit.ly offers an entry section for trades in the “My Trade category on the dashboard that allows you to post your trades, verifiable or not. There are three options:
- Connecting your account to your brokerage of choice and importing the trades from that directly
- Manually entering your trades using the spaces provided and details
- Upload a screenshot of your transactions
What can I do to determine whether the trade can be verified or not?
If you purchase your trade from a trusted brokerage, there is the likelihood that it can be verified. This is indicated with 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 chance of receiving downvotes from fellow peers. If you receive too many negative votes, it could cause you to show up on the Madoff leaderboard, which is where the public are able to identify who is fraudulent in posting trades.
Is the Profit.ly mobile app still available?
As of this writing, Profit.ly is still available to download from the Apple App Store as well as in the Google Play store. The mobile version of the app works with all working smartphones and tablets.
How many people are connected to Profit.ly?
Profit.ly currently houses over 150,000 traders and investors, since they’re not just looking to earn maximum profits but also to help one another develop and grow in their ability to take advantage of opportunities in the stock market all over the world.
