The stock market can be an exciting game with high stakes. Some days, you may have the benefit of positive and satisfying numbers. However, on other days you may experience the opposite, and it may sometimes be very difficult to return to where you were your best. If you find yourself immersed in the water it is important be aware that relying solely on pure instinct and preservation might not be enough.
If you’ve been incurring loss from time to time and you’re likely to require sound advice from tried-and-tested trading experts. Additionally, you’ll require a significant boost from your colleagues in the market from all over the globe, which is why we’ve found an option that can help you to improve your performance within the field. In this review, we’ll take a 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. To get a comprehensive overview of Profit.ly, you may still want to check out our article below.
Overall Rating: 4.1/5 Tim Sykes Dvd
Value: 4.1/5
Quality: 4.1/5
Costs: 4.1/5
Users Experience 4.5/5
Summary
Profit.ly is an online trading platform that allows traders of all levels to be informed responsible, transparent, and encouraging each other by offering a wide range of features and tools such as trade verification, chat rooms and a rich library of educational material.
What exactly is Profit.ly?
Profit.ly is a trading website that functions as a learning and education platform for traders who are just beginning their journey as well as a place for traders with experience to keep track of their performance using the aid of sophisticated analytics tools. Providing users with a wide range of resources to facilitate trade and communication that help traders from every field of business connect with one another. It offers gurus with worthy investments within the boundaries of this platform. Think of it as an online social media platform similar the likes of Facebook and Reddit however it is geared towards traders and experts.
Profit.ly independently verifies trade performances and then publishes the information from them in the form of leaderboards. The platform’s trading model is based on honesty and transparency: it makes sure that transactions are legitimate and will not tolerate inauthenticity as much as it is possible. It was created years ago by the penny expert in stock trading and investment guru Timothy Sykes, along with fellow expert Michael Mosseri.
One time during his interview with Forbes magazine, Sykes said that Profit.ly was based “on showing the entire spectrum of trades, something which has never been done before.” This idea, he added, served two goals: 1.) keeping track of public data for everyone, not just the experts and newsletter authors and students and secondly) making it possible for all users to be enlightened by both the wins and losses to the benefit of the trading industry. Tim Sykes Dvd
How Does It Perform?
Profit.ly is a subscription-based platform that allows stock traders to have access to a range of services and features geared towards achieving the success of their business. You may set up an account there at no cost, however you’re limited to the ability to navigate through the leaderboard and observe the actions of non-gurus. If you’re ready to invest your money in order to find out what stocks the experts are trading in real-time You’ll need to join one of Profit.ly’s deals that we’ll review in the coming days.
The process of opening an account is simple: Create an account with your experience and knowledge, then connect to your brokerage account and you’ll have a chance to shoot your way to high on the leaderboard. Profit.ly’s leaders’ board feature as previously mentioned it is designed to provide its users a glimpse of how the community of traders performs as well as its gurus. It’s not only a chance to demonstrate your worth to a large group of traders. You can also use Profit.ly to buy with a professional with the confidence that you are confident of their knowledge and the credibility of their claims.
If you’re not comfortable with the idea of divulging your brokerage account, you can choose to publish your trades, verified or not, via pictures. Included in Profit.ly is the huge selection of trading courses and the capability to see statistics on a person’s profile as well as other ways to interact with your experts through the chatroom as well as 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 has been famously known for delving his hands into trades in penny stocks. According to Investopedia, a penny stock is a small business’s stock that trades for less than $5 per share. The trading of penny stocks could be viewed as an opportunity 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 activity, as Sykes will be able to tell you because of his decades of experience.
Beginning at the end of his time in high school, Tim Sykes has, since then, made more than $6 million in profits during his long and successful career as a trader. When he was 25 years old Tim Sykes had received more exposure and a wider influence over time when he became part of the reality TV show “Wall Street Warriors.” Then, he made use of the show to create trading rooms and penny stock themes as well as educational content targeted at those who are just beginning to learn about the trading field. He also helped to establish Profit.ly as a platform 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 most appealing features is the variety of education tools, trade alerts as well as other useful information provided by the in-house experts of the platform. These gurus refer to experts in the field of trading who have proven to make significant amounts of profit from their combined years of expertise. Tim Sykes Dvd
At its height, Profit.ly had housed up to five gurus. Each of them a professional within their particular field 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, however, only two gurus remain on the platform: Founder and penny stock trader Tim Sykes and veteran smallcap swing trader Paul Scolardi, also known as Superman. When we take that into account, let’s take a look at the packages each guru has to offer.
From Tim Sykes Tim Sykes
Sykes provides an essential stock trading service with the main priority being penny-stock day trading via Tim’s Alerts. Costing $74.95 per month, you’ll see him focus on the fundamental catalysts for stocks and utilize them to predict the next moves that could occur when trading.
A standalone purchase in Tim’s Alerts will get you access to the chatroom and the mobile app available to iOS as well as Android devices, as well as text, e-mail 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, with an upgraded version of Tim’s Alerts program. It costs $149.95 per month, this is the perfect plan for those who are more committed to the penny-stock market. Pennystocking Silver offers all the essential features of earlier plans which includes swing trading alerts as well as unlimited access to a collection of more than 7,000 educational videos that are updated every week.
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From “Superman” Paul Scolardi: Superman Alerts
Scolardi, who goes by the alias “Superman,” is a professional in swing trading with 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 all-time trading profits. Tim Sykes Dvd
The Superman Alerts plan is an package of vital features and trading alerts geared to those interested. For $147/month, you’ll get an access to the day-to-day premarket stock watchlist and the mobile app, the daily market commentary shown in real-time, and SMS and e-mail alerts.
In “Superman” Paul Scolardi: Superman Pro
For $247 per month, you can enjoy additional features, as well as access to an extensive base of knowledge provided by Superman himself through the Superman Pro package. Alongside the standard features featured in the Alerts plan, Superman Pro gives you weekly video lessonsthat include a growing library of all other previous ones. Additionally, you’ll also get the ability to access premium reports on research as well as an IPO or earnings monitor.
Profit.ly Programs and Costs
If you’re eager to join the world of online trading and make a mark on the market, Profit.ly has the right amount of resources to help you started. The platform offers three membership levels that cater to traders at different levels. Let’s take a look at what these three are and how much they will cost you.
Novice Plan
The package called Novice is Profit.ly’s basic plan that is designed specifically for those who are new to the world of trading. As you sign up for this plan, you will be immediately provided with a variety of powerful and vital trading tools, all one of them essential in keeping your fingers on what can describe as a cutthroat process by itself.
Among the list of things you can do with Profit.ly’s Novice program is the capability to check the results of your trades and track profit; leading, following and even texting other traders; and leaving feedback on today’s trades. You’re also allowed to get on leaderboards, analyze your trades, sort or filter the trades you make and, finally, see other’s stats.
The Novice plan costs $29.95 per monthly payment. Although it might look appealing just by the price, there is a downside. You can’t create a private account, making your actions public. If you do want to get an account with this option, you should be watching for us to introduce to you Profit.ly’s next strategy.
Trader Plan
The Trader plan allows users to benefit from the majority of features available in the novice plan. It is in this plan that you are able to create a private profile for sharing with fellow associate users all your knowledge and intel in 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 develop their expertise in trading. Although it’s a nice thing however, there’s a crucial feature that is missing. As opposed to the prior Novice package, you won’t be able view other traders’ statistics that could be a disadvantage for those who are anticipating this level. Tim Sykes Dvd
Pro Plan
The Pro plan is the highest expensive plan Profit.ly could offer for seasoned traders. At $74.95 monthly, which includes a 22% discount for annual billing the Pro plan has everything. You will have full, unrestricted access to all the features from the two prior plans.
Not only do you get to see other users’ stats and data, but you also have the opportunity to create a private profile. Both of these features, plus the other advantages that you can utilize to the fullest potential. If you’re looking for a plan that can serve you with everything you require as trader with experience, the Pro level is for you!
Profit.ly’s Other Services
In addition to the training tools and the Leaderboards Profit.ly provides a variety of other services they offer. One of these is its online store, which lets users pick from a range of videos designed to inform and guide you through the nuances and pitfalls of trading. The products listed in this section of the website can be purchased immediately for personal use. These include best-selling products such as”Trading Tickers, “Trading Tickers” series by trader professional Tim Grittani, Timothy Sykes’s library of DVDs and streaming-only content on penny stocking, short stocking, and all other related to trading, videos and clips from events like the Annual Pennystocking Conference, and other products by expert traders.
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The integrated chat rooms are included in Profit.ly’s variety of services and features. You’re probably familiar with chat rooms since you will see it on social and messaging platforms in addition to a few special websites that provide live chat support. But on Profit.ly, it is seen as a space where experts and their member traders can communicate and learn in real time. Each guru has their style in running their chat rooms and dealing with the listed members there. One of them may be laid back and less active, while another might be more active and in touch to their pupils. Think of the chatrooms as Profit.ly’s version of a forum, in essence.
Who is the best trader to Profit.ly?
Profit.ly’s diverse range of products and features caters to an array of stock trader types, from novices to experienced professionals. Considering the number of offers it has to offer this platform definitely has something for all.
Beginners, for instance, will appreciate Profit.ly’s library of learning information available on the platform. In addition, they will be provided with videos every week and chat room advice from the in-house experts and members. They’ll also be able select from the products on its store online to carry with them wherever they may go. They can also gain hands-on experience trading on the platform, but ultimately they’ll be able to realize that the process is a high stakes game that shouldn’t be taken as an opportunity to make fun of.
For the traders with years of exposure down the line, we believe Profit.ly equally suited to them as the newcomers. While novice traders may not be as proficient in handling trading matters, the pros already understand the way it functions and the stack full of risks that come with it. In the ideal scenario, they can use Profit.ly’s array of options to their maximum advantage to improve their skills in trading. Like novices, they can learn from the top experts and experts and utilize those quick tips and tidbits to help them along.
Profit.ly’s “all-inclusive” nature doesn’t just apply to newbies as well as semi-seasoned traders. Certified experts can also take part in the excitement! Those in the trading industry who are at the same level as Superman and Tim Sykes can also use up Profit.ly’s capabilities to showcase their skill to others in order to navigate them through the ever-changing trading process. Tim Sykes Dvd
Profit.ly’s Pros and Pros and
The Pros
- Profit.ly’s numerous capabilities as a “one-stop’ stock trading platform enable traders from all over the world with an abundance of knowledge tools, communication, and trading tools
- You get to be provided with excellent lessons and tips from the internal experts, which include libraries of educational videos and trading in real-time.
- You’re assured of transparency throughout Profit.ly with accurate analytics as well as other traders that are waiting to reach you when something goes wrong.
- The leaderboard feature of the platform offers you a way to build your reputation as a reliable 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 unverifiable trades through screenshots
- Profit.ly’s diverse range of subscription levels and guru packages are priced at reasonable prices There’s something for all
The Cons
- Profit.ly’s numerous packages and services offered could seem overwhelming for a lot of its users
- As traders may opt to post any kind of trade, there’s a possibility that some of them could profit from picking the most profitable trades to increase the rating – this may be a problem that shouldn’t be ignored.
- Profit.ly does not accept refunds as the premium customers are expected to immediately benefit from the number of services that the platform can offer
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The Final Verdict is: Is Profit.ly Worth It?
If we could come up with an answer to this question, it would be a ‘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 meant to be designed for this reason. Instead, you need to have an open mind. Tim Sykes Dvd
What we mean by ‘yes’ is that it could be a useful learning tool. People who are stuck could be able to find Profit.ly’s variety of resources helpful when they try their best to reduce losses and be more successful than before. It’s not only the poor traders that can profit from the platform. It can accommodate beginners and even experts!
If you truly care about being more successful in trading and would like to be taught by your mentors and peers along the way, then look no further – Profit.ly is a fantastic option to begin.
FAQ Tim Sykes Dvd
How can you make use of Profit.ly to make your trades public?
Profit.ly has a trade entry portion in the My Trade’ category of the dashboard that lets you record your trades, either verified or otherwise. You may choose between three choices:
- Linking your account to the brokerage of choice and then importing trades directly from there
- Manually entering your trades using specified spaces and information.
- Upload a screenshot 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’s 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 disadvantage of an unauthentic trade is the risk of getting downvotes from your friends and colleagues. Too many downvotes may cause you to show up at the top of the Madoff leaderboard, which is where the public can detect who’s being untruthful in submitting trades.
Are the Profit.ly mobile app still available?
As of this writing, Profit.ly is still available to download via the App Store for Apple and on the Google Play store. The mobile app version 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 investors and traders as they not only are seeking to make the most profit but also help each other grow and learn more about acquiring opportunities in the stock market left and right.
