The stock market can be an exciting game with high stakes. Some days, you may enjoy the benefits of positive and satisfactory numbers. On other days, however, the opposite may happen, and it may sometimes be very difficult to return to where you were at your most productive. If you are immersed in the water it is important to realize that relying on your instincts and preserving is not always enough.
If you’ve experienced loss from time to time and you’re likely to require reliable advice from tested and tried trading experts. Additionally, you’ll require an important boost from colleagues in the market from all over the world, which is why we’ve discovered an option that can help you in your growth in the industry. In this review, we’ll take a look at Profit.ly is a well-known 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 Cyber Monday
Value: 4.1/5
Quality: 4.1/5
Costs: 4.1/5
Users Experience 4.5/5
Summary
Profit.ly can be described as an online platform for trading that enables traders of various levels to be knowledgeable and accountable, as well as transparent and uplifting with one another through its wide range of features and tools including trade verification, chat rooms as well as an extensive library of educational material.
How do I define Profit.ly?
Profit.ly is a trading site that serves both as a learning and training platform for traders new to trading and as a hub for traders who are experienced to monitor their performance using the aid of advanced analytics tools. It provides users with a vast variety of tools for communication and trade and letting traders from every field of business connect with each other. It gives the gurus worthwhile investments within the confines of the platform. Think of it as the social media equivalent like Facebook and Reddit however it is geared towards experts and traders.
Profit.ly independently validates trade performance and then publishes the information from them in the form of leaderboards. The trading platform is built on honesty and transparency: it ensures that the transactions are legitimate and will not accept fake news as long as is humanly possible. It was created many years ago by penny expert in stock trading and investment expert Timothy Sykes, along with the other expert Michael Mosseri.
One time during his appearance in Forbes magazine Sykes stated that Profit.ly was motivated by its focus “on the transparency of every trade, something that has never been done before.” The concept, he added, served two goals: 1.) making public records for all traders, not just the gurus, but also the newsletter writers and students as well as) giving everyone on the platform to learn from the losses and wins for the trading industry’s benefit. Tim Sykes Cyber Monday
How Does It Work?
Profit.ly utilizes a subscription model that allows stock traders to benefit from a variety of services and features geared towards achieving achievement. It is possible to create an account on the site at no cost, however you’re limited to the ability to navigate through the leaderboards and monitor the actions of non-gurus. If you’re interested in investing your money and see which stocks the gurus are trading in real-time, you will need to subscribe to any of Profit.ly’s offers that we’ll discuss in the near future.
Making an account simple: Create an account that includes your personal information and expertise, connect to your brokerage account and you’ll have an opportunity to make your way up to high on the leaderboard. Profit.ly’s leaderboard feature, as previously mentioned it is designed to provide its users a look at their performance as a trading group as well as its experts. It’s not just a way to show value to a group of traders, as you can also utilize Profit.ly to purchase with a professional with the confidence that you are confident in their skills and the credibility of their claims.
If you feel uneasy with the idea of divulging the details of your broker account you can opt to post your trades, whether verified or not, via photographs. Also included in Profit.ly are a variety of courses in trading as well as the ability to look at statistics on a person’s profile, and more ways to communicate with your gurus in the chatroom, along with notifications via email or text as well as updates.
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Meet the Founder: Tim Sykes
Timothy Sykes is a well-renowned day trading personality who is famously known for his involvement in trades in penny stocks. According to Investopedia the term “penny stock” is a small business’s stock which trades at less than $5 per share. The trading of penny stocks could be viewed as an avenue for small businesses to transition to a market that is larger as it gives them access to capital from the public. But don’t be mistaken – it’s also a high-risk game, which Sykes is sure to reveal thanks to his years of experience.
Since his initial beginnings in the latter years of high school, Tim Sykes has, since then, earned more than $6 million in earnings throughout his illustrious career as a trader. At the age of 25, he had been given greater exposure and a larger reach of influence when he became part of the reality TV show “Wall Street Warriors.” He then took advantage of it to create trading rooms as well as penny stock themes and educational content geared toward those who are new to trading. He also helped to establish Profit.ly as a platform for openness, and to allow the community to rise and compete with each other through the platform.
The Profit.ly Gurus
One of Profit.ly’s most appealing features is the vast array of learning resources, trade alerts, as well as other useful information provided by the company’s internal gurus. These gurus refer to the experts in trading who have earned significant amounts of profit from their combined years of expertise. Tim Sykes Cyber Monday
At its height, Profit.ly had housed up to five gurus. Each of them a professional within their particular field within the world of trading. Some of the most famous experts included Connor Bruggermann, Nathan Michaud of Investors Underground, and Triforce among others. As of this 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. In light of that, let’s take a look at the packaged offers each guru has to offer.
From Tim Sykes: Tim’s Alerts
Sykes offers a basic stock trading service that focuses on penny-stock day trading via Tim’s Alerts. The cost is $74.95 per month, you’ll observe him focus on fundamental catalysts for stocks and utilize them to predict the next move that is possible when trading.
A standalone purchase of Tim’s Alerts will get you access to the chatroom, as well as the mobile app that’s available to iOS and Android devices, texts, emails and push alerts and a daily stock watchlist.
From Tim Sykes: The Pennystocking Silver Package
Pennystocking Silver is the premium version, with an upgraded version of Tim’s Alerts package. Priced at $149.95 for a month it is a great option for those who are more involved in the penny-stock market. Pennystocking Silver includes all the basic features found in prior plans, such as alerts for swing trading and access to an extensive library of over 7,000 educational videos that are updated every week.
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The following video is from “Superman” Paul Scolardi: Superman Alerts
Scolardi who is known under the name “Superman,” is a swing trading professional with an eye for small-cap monumental stocks and crazy-accurate marketing forecasts. In the time since when he first started trading, Superman has amassed over $5.5 million in trading earnings. Tim Sykes Cyber Monday
The Superman Alerts package is his offering of essential features and trading alerts targeted to those interested. For $147 per month, you’ll gain access to the daily premarket stock watchlist and the mobile app, the daily market commentary shown in real time, and email and SMS 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 of information provided by Superman himself via the Superman Pro package. Alongside the standard features featured in the Alerts package, Superman Pro gives you weekly video lessonsthat include a growing library of all other previous ones. Additionally you’ll also have access to premium research reports as well as an IPO as well as earnings tracking tool.
Profit.ly plans and costs
If you’re eager to join the world of online trading and leave a mark in the field, Profit.ly has the right amount of resources to get you up and running. Profit.ly offers three membership levels, each designed for traders with different levels. Let’s look at what the three tiers are and how much they’ll cost you.
Novice Plan
The Novice package is Profit.ly’s entry-level plan designed especially for those who are just beginning their journey to the trading community. When you sign up for this plan you’ll be given a slew of robust and indispensable trading tools, all of them integral in keeping your fingers on what we can describe as a cutthroat process by itself.
Some of the features you can accomplish with Profit.ly’s Novice program is the capability to check trades and track profits and follow-up, leading, and even messaging other traders; and providing feedback on trades today. You can also get onto leaderboards; study, sort, or filter the trades you make and lastly, look at the statistics of other traders.
The Novice plan is $29.95 per month. Although it might look appealing just by the price but there’s a disadvantage. It isn’t possible to create a private account, making your personal information public. If you do want to gain an account with this option, stay tuned as we introduce to you Profit.ly’s next strategy.
Trader Plan
The Trader package allows you to take advantage of many of the features of the novice plan. In this plan, that you are able to create an account that is private to share with fellow associates all your insights and intel in this trading group.
The price is $49.95/month, Profit.ly’s Trader plan is exactly what it says: Cater for those looking to improve their expertise in trading. As nice as it seems, there is one significant feature that is missing. In contrast to the Novice package, you won’t be able to see other traders’ stats, which could be a disadvantage for those who are eager to try this new tier. Tim Sykes Cyber Monday
Pro Plan
The Pro plan is the most premium package that Profit.ly could offer for seasoned traders. At $74.95 monthly, and a 22% discount for billing annually This plan offers everything. It gives you full, unlimited access to all the options of the previous plans combined.
Not only do you get to look at other people’s statistics, but you’re also given the option of creating an individual profile. Both of these features, on top of all the benefits that you can use to the fullest potential. If you’re looking for an account that will give all the features you need to be a skilled trader, maybe the Pro level is for you!
Profit.ly’s Other Services
Apart from the tools for training and Leaderboards Profit.ly provides a variety of additional services that it can provide. One of those is its online store, which allows users to pick from a range of videos created to guide you through the ins and outs of trading. All of the products featured on this page of the website is available to be bought immediately for your personal use. These include best-selling products such as”Trading Tickers, “Trading Tickers” series by trader specialist Tim Grittani, Timothy Sykes’s collection of DVDs and streaming-only content on short stocking, penny stocking, and all other aspects of trading. There are also clips and clips taken from the Annual Pennystocking Conference, and other products by expert traders.
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The integrated chat rooms are also part of Profit.ly’s range of features and services. You’re probably familiar with the concept of chat rooms since you can see it across social and messaging platforms, and also on a few specialty websites that offer live chat assistance. But in Profit.ly it’s seen as a hands-on area where experts and members can interact and exchange knowledge in real-time. Every guru has their own way when it comes to running their chat room and dealing with the listed members. One of them may be more laid back and rarely active, while another may be more interactive and online in their interactions with students. Think of the chatrooms as Profit.ly’s version of a forum, in the essence.
Who is the Ideal trader to Profit.ly?
Profit.ly’s diverse range of products and features are geared towards an array of stock trader types, from beginners to experienced pros. Considering the number of offers it offers, the platform surely has something for all.
For instance, newbies will enjoy Profit.ly’s collection of educational materials available across the platform. They will also be enriched with weekly videos and chat room advice by its internal gurus and their members. They’ll also be able to select from the products from its online store to carry with them wherever they may travel. You can also get hands-on experience trading on the platform, but ultimately they’ll realize that this is a risky game that should not be viewed as a joke.
For those traders who have had years of exposure down the line, we believe Profit.ly as equally as suitable to people who are just beginning. While the newbies may not be as adept at dealing with trading issues however, experienced traders know how it works along with the stack full of risks that it carries. It is ideal to use Profit.ly’s range of features to their full advantage to develop their trading abilities. Like novices, they can learn from the experts and experts , and use those quick tips and tidbits to help them along.
Profit.ly’s “all-in” approach isn’t limited to novices or semi-experienced trader. Verified experts can also join in the enjoyment! Trade professionals who are on similar levels to Superman and Tim Sykes can also use Profit.ly’s capabilities. Profit.ly’s abilities to show off their skill to others in order to assist them in the ever-changing trading process. Tim Sykes Cyber Monday
Profit.ly’s Pros and Pros and
The Pros
- Profit.ly’s diverse capabilities as a “one-stop’ stock trading platform enable it to provide traders everywhere with a wealth of education tools, communication, and trading tools
- You get to receive excellent training and tips from the in-house gurus, including collections of educational videos as well as live trading activity.
- You’re guaranteed transparency throughout Profit.ly with precise analytics as well as other traders ready to call you when something goes wrong.
- The platform’s leaderboard feature gives you a way to build your reputation as a reliable and dependable trader
- Apart from its main features, Profit.ly also gives its users extra options to suit their needs, like posting unverifiable trades through images
- Profit.ly’s diverse range of packages and subscription levels are priced at reasonable prices – there truly is something for all
The Cons
- Profit.ly’s abundance of packages and services offered could not be enough for a lot of its users
- If traders decide to make any type of trade, there is an opportunity that some them could profit from selecting the best trades in order to increase the rating This could be a concern that should not be simply overlooked
- Profit.ly will not allow refunds because the premium customers will immediately benefit from the many services the platform has to provide
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The Final Verdict: Is Profit.ly Valued?
If we could think of the answer, it’s an affirmative “yes”. But it is important to realize that this platform shouldn’t be viewed as a get-rich-quick scheme. The platform wasn’t originally meant to be designed to achieve this goal. Instead, you should have the ability to think with an open heart. Tim Sykes Cyber Monday
What we do mean”yes” is it can be a great learning tool. Those who may be stuck may discover Profit.ly’s array of resources helpful as they do their best to incur lesser losses and perform better than they did before. It’s not only the struggling traders that will benefit from the platform. It is able to accommodate novices and even experts in the field!
So, if you genuinely desire to be a better trader and want to learn from your fellows and gurus throughout the process, then take a look at Profit.ly. Profit.ly may be a great option to begin.
FAQ Tim Sykes Cyber Monday
What are the best ways to use Profit.ly to make your trades public?
Profit.ly has an entry section for trades within the My Trade’ category of the dashboard which allows you to post your trades that are verified or otherwise. You may choose between three choices:
- Connecting your account to your brokerage of choice and importing transactions directly through there
- Manually entering your trades using the spaces provided and details
- Take a photo of your transactions
What can I do to determine if the trade is verifiable or not?
If you buy your trade from a trusted brokerage, there is an excellent probability that it’s verifiable. This is evident by the small blue check. If you post the information manually or via pictures, it will be assigned as unverified.
The downside of having an unverified trade is the chance of receiving negative feedback from friends and colleagues. Too many downvotes may result in you appearing on the Madoff leaderboard, where users can detect who’s being dishonest in posting trades.
Are the Profit.ly mobile application still available?
At the time of writing, Profit.ly is still available to download via the Apple App Store as well as on the Google Play store. The mobile app version works with all working smartphones and tablets.
How many are connected to Profit.ly?
Profit.ly is currently home to over 150,000 investors and traders because they are not just trying to maximize profits but also assist each other to grow and learn more about acquiring opportunities on the stock market both right and left.
