Stock trading is a high-stakes game. Some days, you may have the benefit of positive and satisfying numbers. On other days you may experience the opposite, and it may sometimes be very difficult to get back to where you were at your most productive. If you’re constantly stuck in the gutter You will need to recognize that relying on your instincts and preserving may not always be enough.
If you’ve been incurring loss from time to time, you’re gonna be needing reliable advice from tested and tried trading experts. You’re also gonna need an enormous boost from your trading partners from all over the world, which is why we’ve discovered an option that can help you to improve your performance within the field. We’ll take a look at Profit.ly, a well-recognized single-stop social platform to trade!
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 Email
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, transparent, accountable, and encouraging each other by offering a wide range of features and tools including trade verification, chat rooms and a rich library of educational material.
What exactly is Profit.ly?
Profit.ly is a trading website that serves both 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 with the help of sophisticated analytics tools. It provides users with a vast array of options to facilitate trade and communication that help traders from all walks of life network with one another. It gives the gurus an opportunity to invest in the right areas of the 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 publishes all data of them in the manner of leaderboards. The platform for trading is built on trust and transparency. it makes sure that trades are valid and won’t accept fake news as long as it is possible. It was created years ago by the penny expert in stock trading and investment expert Timothy Sykes, along with fellow expert Michael Mosseri.
In an appearance in Forbes magazine, Sykes stated that Profit.ly was based “on the transparency of all trades, something that was never done before.” The concept was, he said, serving two objectives: one) creating public track records for all traders, not just the gurus as well as students and newsletter writers and secondly) giving all users to gain insight into both the wins and losses to the benefit of the trading industry. Tim Sykes Email
How Does It Perform?
Profit.ly utilizes a subscription model that allows stock traders to gain access to a multitude of tools and services that are geared toward success. You can create an account there for free, but you’re only given the capability to browse the leaderboards and monitor the activities of non-gurus. If you’re interested in investing your money and see what stocks the experts are trading in real-time You’ll need to subscribe to any of Profit.ly’s offers that we’ll discuss in the near future.
Setting up an account is easy: create an account that includes your personal information and knowledge, then connect to your brokerage account and you’ll be given a chance to shoot through at the very top of the list. Profit.ly’s leaders’ board feature as mentioned previously, is designed to give its users a look at their performance as a trading group and its experts. It’s not just a way to prove that you’re worthy to the large group of traders, as you can also use Profit.ly to buy from a guru with the assurance that you’re comfortable with their expertise and the legitimacy of their assertions.
If you feel uneasy with the concept of leaking your brokerage account, then you could opt to post your trades, verified or not, by taking screenshots. Also included in Profit.ly is the huge selection of trading classes and the capability to see statistics on a person’s profile, and more ways to interact with your experts 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 trader who has been famously known for his efforts in the penny-stock market. According to Investopedia, a penny stock refers to a small-sized company’s stock that trades for under $5 for each share. Penny stock trading can be seen as a stepping stone for small-scale businesses to make the transition to a market that is larger as it gives them access to money 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.
Beginning in the latter years of the high schools, Tim Sykes has, since then, earned over $6 million of earnings throughout his illustrious career as trading professional. At the age of 25 Tim Sykes had received more exposure and a wider influence over time as a participant in the reality show “Wall Street Warriors.” He made use of the show to establish trading rooms as well as penny stock themes and educational content geared toward those who are new to the trading field. He also helped establish Profit.ly as a platform for transparency and for the community to uplift and compete with each other through the platform.
The Profit.ly Gurus
One of Profit.ly’s sweet inclusions is the wide range of education tools, trade alerts and other helpful stuff provided by the platform’s in-house gurus. These gurus refer to experts in the field of trading who have made substantial amounts of money from their collective years of expertise. Tim Sykes Email
At its height, Profit.ly had housed up to five gurus. Each of them a professional in their niche in the trading industry. Some of the prominent experts included Connor Bruggermann, Nathan Michaud of Investors Underground, and Triforce among others. At the time of writing there are only two gurus who 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 packaged offers each guru offers.
From Tim Sykes Tim Sykes
Sykes offers basic stock trading services which focuses on penny stock day trading through Tim’s Alerts. At $74.95 monthly, you’ll see him focus on the fundamental stock catalysts and use them to forecast the next possible moves in 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; texts, emails and push alerts; and a daily stock watchlist.
Tim Sykes: From Tim Sykes: The Pennystocking Silver Package
Pennystocking Silver is the highest-quality version that has been upgraded of the Tim’s Alerts package. Priced at $149.95 monthly, this is an ideal plan for those who are more committed to investing in penny stocks. Pennystocking Silver comes with all the standard features that were included in prior plans, such as swing trading alerts and unlimited access to an extensive library of over 7,000 educational videos, with new ones released every week.
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The following video is from “Superman” Paul Scolardi: Superman Alerts
Scolardi, who goes by the name “Superman,” is a trader who has an eye for both small-cap monumental stocks and crazy-accurate marketing forecasts. In the time since the time he started trading, Superman has amassed over $5.5 million in total trading earnings. Tim Sykes Email
The Superman Alerts plan is an package of vital features and trading alerts geared to those interested. For just $147 per month, you’ll have access daily premarket stock watchlist as well as the mobile app, the daily market updates in real time, and SMS and e-mail alerts.
In “Superman” Paul Scolardi: Superman Pro
For the price of $247, you receive additional features, as well as access to a knowledgeable base that is provided by Superman himself via the Superman Pro package. In addition to the basic features included in the Alerts plan, Superman Pro gives you daily video lessons, which include an ever-growing library of other previous ones. On top of that you’ll also have access to premium research reports and an IPO or earnings monitor.
Profit.ly Programs and Costs
If you’re looking to join the trading community on the internet and leave your mark on the field, Profit.ly has the right amount of resources to help you started. The platform has three membership tiers that cater to traders at different levels. Let’s take a look at what these three tiers are and how much they’ll cost you.
Novice Plan
The Novice package is Profit.ly’s beginning-of-the-line plan specifically for those who are just beginning their journey to the world of trading. As you sign to this plan, you will be immediately given a slew of robust and vital trading tools, all one of them essential in keeping your fingers on what could call a ruthless process by itself.
Among the list of things you can accomplish with Profit.ly’s Novice package is the ability to verify the results of your trades and track profit; leading, following and even chatting with other traders; and giving feedback on the trades of today. You’re also allowed to get on leaderboards; analyze, sort, as well as filter trades; and, finally, see the statistics of other traders.
The Novice plan is $29.95 per month. While it may look attractive for the price alone but there’s a disadvantage. You aren’t able to create a personal profile, which makes your actions public. If you’re interested in have an account with this option, you should keep an eye on us as we present to you Profit.ly’s new plan.
Trader Plan
The Trader plan allows you to use the majority of features available in The Novice package. It is 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.
Costing $49.95/month, Profit.ly’s Trader plan does what the name suggests catering to those who desire to improve their trading skills. While it’s nice however, there’s a crucial feature that is missing. Unlike the previous Novice package, you will not be able to see other traders’ stats this could be a disadvantage for some who may be looking forward to this tier. Tim Sykes Email
Pro Plan
The Pro plan is the most luxurious package Profit.ly offers to experienced traders. It costs $74.95 each month and an additional 22% discount for billing annually the Pro plan has it all. It gives you full, unlimited access to all the features from the two previous plans combined.
In addition, you’ll be able to view other people’s stats as well, you’re also offered the option of creating an individual profile. These two features are on top of all the benefits that you can use to their fullest capacity. If you’re in search of 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 provided tools for training and Leaderboards Profit.ly provides a variety of additional services that it can provide. One of these is its online store, where customers can choose from a wide array of videos designed to inform and help you understand the ins and outs of trading. Each of the offerings listed on this page of the site can be immediately purchased for personal use. These include best-selling products like”Trading Tickers, “Trading Tickers” series from trading professional Tim Grittani, Timothy Sykes’s collection of DVDs and streaming-only content on short stocking, penny stocking, and all other things trading-related, clips and clips taken from events like the Annual Pennystocking Conference, and products from other expert traders.
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The integrated chat rooms are as well part of Profit.ly’s variety of services and features. You may be familiar with the chat room since you can see it across messaging and social platforms, and also on a few specialty websites that offer live chat support. But on Profit.ly the chat room is viewed as a hands-on place where gurus and their members can interact and share knowledge in real-time. Every guru has their own style when it comes to running their chat room and in dealing with the members there. Some may be a laid-back person who is rarely active, while another may be more active and in touch to their pupils. Think of chat rooms like Profit.ly’s version of a forum, in the essence.
Who is the Ideal trader to Profit.ly?
Profit.ly’s wide range of products and features cater to the wide range of stock traders, from beginners to experienced pros. Considering the number of offers it can provide this platform definitely has something for every person.
For instance, newbies will appreciate Profit.ly’s knowledge-based content offered throughout the platform. Not only will they be provided with videos every week and chat room tips from its in-house gurus as well as their members. They’ll also be able pick from the merchandise available from its online store to carry with them wherever they travel. They can also gain hands-on experiences from trading within the platform, but eventually, they will soon learn that trading is a risky 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 to them as the newcomers. Although the novices might not be as proficient in managing trading, the pros already understand the way it functions and the risky mix that come with it. It is ideal to utilize Profit.ly’s range of options to their maximum advantage to improve their trading skills. As beginners, they are able to learn from the experts as well as experts, and take advantage of quick tips and tidbits to help them along.
Profit.ly’s ‘all-together’ nature doesn’t just apply to newbies and semi-experienced traders. Certified experts can also take part in the excitement! Those in the trading industry who are on similar levels to Superman as well as Tim Sykes can also use up Profit.ly’s capabilities to showcase their skill to others in order to guide them through the ever-illustrious trading process. Tim Sykes Email
Profit.ly’s Pros and Pros and
The Pros
- Profit.ly’s many capabilities as a “one-stop” platform for trading stocks allows it to provide traders everywhere with an abundance of knowledge communications, trading, and communication tools
- You will be taught by experts and advice from the company’s inside experts, as well as libraries of educational videos and real-time trading activities
- You’re guaranteed transparency throughout Profit.ly with accurate analytics as well as other traders who are ready to reach you out whenever something happens
- The leaderboard feature on the platform gives you the chance to establish your reputation as a reliable and authentic trader
- Apart from its core capabilities, Profit.ly also gives its customers extra options that can be tailored to their needs, like posting unauthentic trades via photographs
- Profit.ly’s wide array of subscription levels and guru packages are priced at affordable rates – there truly is something for everyone
The Cons
- Profit.ly’s bountiful stream of packages and services offered could not be enough for the majority of its customers
- Since traders can choose to make any type of trade, there’s the possibility that some of them will profit by cherry-picking the best trades to improve their ratings – this may be a risk that shouldn’t be ignored.
- Profit.ly does not accept refunds as the premium customers will immediately benefit from the many services that the platform can offer
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The Final Concluding Question The Final Verdict: Is Profit.ly worth it?
If we were able to come up with an appropriate answer for this query, it would be yes. But you need to understand that the platform should not be used as a get-rich-quick scheme. It wasn’t meant to be designed for this reason. Instead, you should have the ability to think with an open heart. Tim Sykes Email
What we are referring to”yes” is it can be a great learning tool. Those who may be stuck might find Profit.ly’s range of resources useful in their efforts to avoid losses and perform better than before. Not only struggling traders who will benefit from the platform. It is able to accommodate novices and even experts in the field!
If you really desire to be more successful in trading and would like to learn from your fellows and gurus on the way, look no further – Profit.ly is a fantastic alternative to start.
FAQ Tim Sykes Email
How do you use Profit.ly to make your trades public?
Profit.ly has an entry section for trades in the My Trade’ category of the dashboard that allows you to post your trades, verifiable or not. There are three choices:
- Linking your account with your brokerage of choice and then importing the trades from that directly
- Manually entering your trades into specified spaces and information.
- Take a photo of your trades
What can I do to determine if the trade is verifiable or not?
If you import your trade from a trusted brokerage, there is an excellent probability that it’s verifiable. This is shown by the small blue check. If you upload the information manually or via pictures, it will be classified as unverified.
The downside of having an unverified trade is the chance of getting downvotes from your fellow peers. A large number of downvotes could cause you to be listed in the Madoff leaderboard, where people can see who’s untruthful in submitting trades.
Are the Profit.ly mobile app still available?
As of the moment, Profit.ly is still available to download from the Apple App Store and the Google Play store. The mobile app version works with all functioning tablets and smartphones.
How many people are on Profit.ly?
Profit.ly currently houses more than 150,000 investors and traders, as they not only are looking to earn maximum profits but also assist each other to learn and improve in acquiring stock market opportunities left and right.
