Stock trading is an extremely risky game. On some days, you could enjoy the benefits of positive and satisfying numbers. On other days you may experience the opposite and it could be extremely difficult to get back to where you were at your best. If you’re immersed in the water, you will have to recognize that relying on pure instinct and preservation might not be enough.
If you’ve been incurring losses from time to time You’ll need sound advice from tried-and-tested trading experts. Additionally, you’ll require an important boost from colleagues in the market from all over the globe. That’s why we’ve found an option that can help you in your growth within the field. We’ll be taking the time to look at Profit.ly A well-respected all-in-one 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 Cost
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 informative and accountable, as well as transparent and uplifting with each other through its broad array of tools and features including trade verification, chat rooms and a rich library of educational content.
What exactly is Profit.ly?
Profit.ly is a trading website which serves as a learning and education platform for those who are starting out as well as a place for experienced traders to track their performance with the help of advanced analytics tools. Offering users a broad variety of tools for communication and trade, it helps traders from all walks of life connect with each other. It offers gurus with an opportunity to invest in the right areas of the platform. Consider it a social media site akin to Facebook and Reddit, but for professionals and traders.
Profit.ly independently checks the performance of trades and posts all the data from them in the style of leaderboards. The platform’s trading model is based on honesty and transparency: it ensures that the trades are valid and won’t accept fake news as long as possible. It was created in the past by penny stock trade expert and investment expert Timothy Sykes, along with the other expert Michael Mosseri.
One time , during an appearance in Forbes magazine Sykes said that Profit.ly was driven by its focus “on the transparency of every trade, something that has never been prior to.” This idea Sykes said served two purposes: 1) making public records for all traders, not just the gurus as well as newsletter writers and students and secondly) making it possible for anyone on the platform to learn from both the wins and losses for the trading industry’s benefit. Tim Sykes Cost
How Does It Work?
Profit.ly is a subscription-based platform that lets stock traders have access to a range of services and features geared towards achieving success. You may set up an account there at no cost, however you’re only limited to having access to the leaderboard and follow the activities of non-gurus. If you’re looking to invest your money and see what stocks the experts are trading in real-time it is necessary to subscribe to any of Profit.ly’s offers that we’ll review in the coming days.
The process of opening an account is easy: create an account with your experience and skills, join to your brokerage account, and you’ll be given the chance to climb through the top of the leaderboard. Profit.ly’s Leaderboard function, which was we’ve mentioned earlier 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 prove your worth to a large group of traders, but you are also able to use Profit.ly to buy from a guru with the confidence that you are confident with their expertise and the legitimacy of their claims.
If you feel uneasy with the concept of leaking your brokerage account, then you could decide to share your trades, verified or not, via screenshots. Also included in Profit.ly are the vast number of trading classes and the capability to see statistics on a person’s profile as well as other ways to connect with your gurus via chatrooms in addition to text and e-mail alerts and updates.
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Meet Tim Sykes, the founder: Tim Sykes
Timothy Sykes is a well-renowned day trader who has been famously known for his efforts in penny stock trading. According to Investopedia the term “penny stock” refers to a small company’s stock which trades at just less than 5 cents per share. The trading of penny stocks is a stepping stone for small companies to move to a large marketplace as they can access capital from the general public. But don’t be mistaken – it can also be an extremely risky activity, as Sykes can surely tell through his many years of expertise.
Beginning at the end of his time in the high schools, Tim Sykes has, since then, earned over $6 million of earnings during his long and successful career as trader. When he was 25 years old Sykes was given greater exposure and an even wider reach of influence when he was a part of the reality show “Wall Street Warriors.” He used the opportunity to develop trading rooms and penny stock themes and educational material aimed at people who are brand new to trading. He also helped to establish Profit.ly as a platform for openness, and for the community to uplift and compete against each other through the platform.
The Profit.ly Gurus
One of Profit.ly’s sweet inclusions is the vast array of educational sources, trade alerts as well as other useful information provided by the platform’s in-house gurus. Gurus are referred to experts in the field of trading who have made significant amounts of profit from their combined years of experience. Tim Sykes Cost
At its height, Profit.ly had housed up to five gurus. Each of them a pro in their field of expertise in the field of trading. Some of the most famous experts included Connor Bruggermann, Nathan Michaud of Investors Underground, and Triforce among others. As of this writing, there are only two gurus who 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. When we take that into account Let’s look at what packaged deals each guru offers.
From Tim Sykes Tim Sykes
Sykes provides an essential stock trading service with the main priority being penny stock day trading through Tim’s Alerts. At $74.95 monthly, you will observe him focus on fundamental stock catalysts and use them to anticipate the next move that is possible when trading.
A purchase on its own in Tim’s Alerts will get you access to the chatroom, as well as the mobile app that’s available for iOS as well as Android devices, text, e-mail and push alerts; as well as a daily watchlist of stocks.
Tim Sykes: From Tim Sykes: The Pennystocking Silver Package
Pennystocking Silver is the most premium version that has been upgraded of the Tim’s Alerts program. Priced at $149.95 for a month this is a great option for those who are involved in penny stock trading. Pennystocking Silver comes with all the standard features that were included in prior plans, which includes alerts for swing trading and access to a library of more than 7,000 instructional videos and new videos released each week.
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The following video is from “Superman” Paul Scolardi: Superman Alerts
Scolardi who is known 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. In the time since he began as a trader, Superman has amassed over $5.5 million in all-time trading profits. Tim Sykes Cost
The Superman Alerts package is his offer of the most essential features and trading alerts targeted towards those who might be interested. For $147 per month, you’ll gain an access to the day-to-day premarket stock watchlist and the mobile app, the daily market commentary in real time, and 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 provided by Superman himself through Superman Pro. Superman Pro package. In addition to the basic features featured in the Alerts plan, Superman Pro gives you daily video lessons, which include the growing collection of previous lessons. In addition you’ll also have access to premium research reports as well as the IPO as well as earnings tracking tool.
Profit.ly Programs and Costs
If you’re eager to join the world of online trading and leave a mark in the market, Profit.ly has the right amount of resources to get you going. The platform offers three membership tiers, each designed for traders at different levels. Let’s take a look at what these three are and how much they’ll cost you.
Novice Plan
The package called Novice is Profit.ly’s entry-level plan designed especially for those who are new to the trading community. Once you have signed to this plan you’ll be offered a range of strong and vital trading tools, each one of them essential in keeping your fingers on what call a competitive process in and of itself.
Some of the 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 providing feedback on trades today. You’re also allowed to get on leaderboards; analyze your trades, sort or filter the trades you make and, lastly, view the statistics of other traders.
The Novice plan costs $29.95 per monthly payment. While it may look attractive just by the price, there is a downside. It isn’t possible to create a private account, making your personal information public. If you’re looking to get access to this feature, you should keep an eye on us as we present to you Profit.ly’s new plan.
Trader Plan
The Trader package allows users to benefit from a majority of features from the Novice plan. In this plan, that you can create an individual profile that allows you for sharing with fellow associates all your insights and knowledge you gain from the trading community.
Costing $49.95/month, Profit.ly’s Trader plan will do what the name implies: Cater to those who desire to harness their trading skills. Although it’s a nice thing but there’s one important element that’s missing. In contrast to the Novice package, you will not be able view other traders’ stats, which could be a problem for those looking forward to this tier. Tim Sykes Cost
Pro Plan
The Pro plan is the most expensive plan Profit.ly offers to experienced traders. It costs $74.95 each month and an additional 22% discount for billing annually the Pro plan has everything. You get full, no-holds-barred access to all the options of the prior plans.
Not only do you get to see other users’ stats and data, but you also have the chance to create an individual profile. Both of these features, in addition to the advantages you’ll be able to use to their fullest capacity. If you’re in search of an option that gives all the features you need to be trader with experience, the Pro level is for you!
Profit.ly’s Other Services
In addition to the training tools and the leadersboards Profit.ly provides a variety of other services they provide. One of those is its online store, which allows users to choose from a wide array of videos created to help you understand the nuances and pitfalls of trading. All of the products featured on this page of the website is available to be immediately purchased for personal use. Some of these include bestsellers such as the “Trading Tickers” series from trading expert Tim Grittani, Timothy Sykes’s library of DVDs and streaming-only content about short stocking, penny stocking, as well as all things trading-related, clips and scenes from events like the Annual Pennystocking Conference, and products from other expert traders.
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The chat rooms that are integrated are included in Profit.ly’s variety of features and services. You’re probably familiar with the chat room as you can find it throughout social and messaging platforms as well as some specialty websites that offer live chat support. But on Profit.ly, it is seen as a hands-on place where gurus and their members trade and learn in real time. Every guru has their own way when it comes to running their chat room and dealing with the members. One might be laid back and less engaged, while another could be more online and communicative to their pupils. Think of the chat rooms as Profit.ly’s version of a forum, in essence.
Who is the ideal Trader for Profit.ly?
Profit.ly’s variety of offerings and features caters to an array of stock traders, ranging from novices to experienced professionals. Considering the number of offers it offers this platform definitely has something for everyone.
For instance, newbies will enjoy Profit.ly’s knowledge-based information available on the platform. In addition, they will be enriched with weekly videos 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 to carry with them wherever they may travel. You can also get hands-on experience trading on the platform, but eventually, they will soon learn that trading is a high stakes game that should not be viewed as an amusing pastime.
For those traders who have had decades of experience in the line, we believe Profit.ly as equally as suitable for them as it is for people who are just beginning. While novice traders may not be as well-equipped with handling trading matters, the pros already understand the way it functions and the plethora of risks that it carries. Ideally, they may utilize Profit.ly’s range of features to their full advantage to develop their skills in trading. As beginners, they are able to learn from the top experts and experts and utilize those simple tips and hints throughout the process.
Profit.ly’s ‘all-together’ nature does not only apply to beginners and semi-experienced traders. Experts who have been verified can also participate in the fun! People in the trade industry who are on an equal level with Superman and Tim Sykes can also use up Profit.ly’s abilities to show off their skill to others in order to assist them in the ever-changing trading process. Tim Sykes Cost
Profit.ly’s Pros and Pros and
The Pros
- Profit.ly’s many capabilities as a “one-stop” stock trading platform enable it to provide traders everywhere with tons of learning tools, communication, and trading tools
- You will be provided with excellent lessons and advice from the company’s internal experts, which include libraries of educational videos and real-time trading activities
- You’re assured of transparency throughout Profit.ly with accurate analytics and fellow traders who are ready to reach you out whenever something happens
- The leaderboard feature on the platform gives you the chance to establish your credibility as a trustworthy and authentic trader
- Apart from its core features, Profit.ly also gives its customers extra options that can be tailored to their needs, like posting trades that are not authentic by taking screenshots
- Profit.ly’s diverse range of subscription plans and guru packages are priced at affordable rates There is truly something for everyone
The Cons
- Profit.ly’s numerous packages and services offered could be too much for most of its users
- If traders decide to make any type of trade, there is an opportunity that some them will profit by picking the most profitable trades to increase the rating – this may be a risk that shouldn’t be ignored.
- Profit.ly will not allow refunds as its premium users are expected to instantly benefit from the many services the platform has to provide
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The Final Concluding Question: Is Profit.ly Worth It?
If we could come up with an answer to this question, it’s an affirmative “yes”. But you need to understand that this platform shouldn’t be viewed as a quick-fix scheme to make money. It wasn’t meant to be designed for this reason. Instead, you need to have the ability to think with an open heart. Tim Sykes Cost
What we do mean”yes” is it can be a great learning tool. People who are stuck might find Profit.ly’s array of resources useful when they try their best to incur lesser losses and be more successful than before. Not only poor traders that can benefit from this platform. It can accommodate beginners and even experts in the field!
So, if you genuinely desire to be better at trading and wish to learn from your fellows and gurus on the way, take a look at Profit.ly. Profit.ly may be a great alternative to start.
FAQ Tim Sykes Cost
How can you make use of Profit.ly to publish your trades?
Profit.ly has a trade entry portion in the My Trade’ category of the dashboard that lets you post your trades, verifiable or otherwise. You may choose between three options:
- Connecting your account to your broker of choice and import trades directly from there
- Manually entering your trades into specified spaces and information.
- Upload a screenshot of your transactions
How can I tell whether the trade is authentic or not?
If you buy your trade through a reliable brokerage, there’s an excellent probability that it’s verifiable. This is evident by the blue check mark. If you post it in a manual way or by taking pictures, it will be classified as unverified.
The downside of having an unverified trade is the risk of receiving downvotes from fellow peers. If you receive too many negative votes, it could cause you to be listed on the Madoff leaderboard, which is where the public can see who’s fraudulent in posting trades.
Does the Profit.ly mobile app still in use?
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 people are currently connected to Profit.ly?
Profit.ly is currently home to over 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 on the stock market left and right.
