Stock trading is a high-stakes game. On some days, you may enjoy the benefits of pleasing and positive numbers. On other days, however it could be the reverse and it can be very difficult to return to where you were at your best. If you find yourself always in the mud You will need be aware that relying solely on instinct and survival might not be enough.
If you’ve suffered losses from time to time You’ll need sound advice from tried-and-tested trading experts. You’re also gonna need an important boost from trading partners from all over the globe, which is why we’ve identified an option that can help you in your improvement in the market. In this review, we’ll be taking 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. 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 Father
Value: 4.1/5
Quality: 4.1/5
Costs: 4.1/5
Users Experience 4.5/5
Summary
Profit.ly offers an internet-based trading service that allows traders of different levels to be informative, transparent, accountable, and uplifting with one another through its wide range of features and tools including trade verification, chat rooms, and an enriched library of educational material.
What exactly is Profit.ly?
Profit.ly is a trading website that serves both as a training and learning platform for people who are starting out and as a hub for traders with experience to keep track of their performance using the aid of advanced analytics tools. It provides users with a vast array of options to facilitate trade and communication that help traders from every field of business connect with each other. It gives the gurus worthwhile investments within the confines that the site. Consider it the social media equivalent to Facebook and Reddit, but for experts and traders.
Profit.ly independently checks the performance of trades and publishes all data of them in the manner of leaderboards. The platform for trading is built on honesty and transparency: it ensures that the trades are authentic and won’t accept fake news as long as is humanly possible. It was established many years ago by penny stock trade expert and investment guru Timothy Sykes, along with his colleague Michael Mosseri.
One time during his interview for Forbes magazine, Sykes said that Profit.ly was motivated by its focus “on the transparency of all trades, something that has never been done before.” This idea Sykes said served two goals: 1.) keeping track of public data for all traders, not just the gurus and newsletter authors and students as well as) making it possible for everyone on the platform to gain insight into both the wins and losses to benefit the industry of trading. Tim Sykes Father
How Does It How Does It
Profit.ly utilizes a subscription model that lets stock traders benefit from a variety of features and services aimed towards achieving achievement. You may set up an account on the site for free, but you’re limited to the ability to navigate through the leaderboard and observe the activities of people who aren’t gurus. If you’re interested in investing your money in order to find out which stocks the gurus are trading in real time You’ll need to sign up to one of Profit.ly’s deals, which we will go over shortly.
The process of opening an account is simple: Create a profile with your experiences and knowledge, then connect your brokerage account, and you’ll be given the chance to climb your way to at the very top of the list. Profit.ly’s leaderboard feature, as previously mentioned, is designed to give its users an insight into their performance as a trading group and its experts. It’s not only a chance to show value to a large group of traders, as you are also able to use Profit.ly to shop with a guru, and have the confidence that you are confident in their skills and the legitimacy of their claims.
If you feel uneasy with the idea of sharing information about your account with a brokerage, then you could choose to publish your trades, verified or otherwise, through photographs. Also included in Profit.ly is the huge selection of courses in trading and the capability to see stats in a trader’s profile and other methods to connect with your gurus 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 trader who has been famously known for his efforts in penny stock trading. According to Investopedia Penny stock refers to a small-sized company’s stock which trades at less than $5 per share. The trading of penny stocks could be viewed as a stepping stone for small companies to move to a market that is larger as they can access money from the general 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 at the end of his time in high school, Tim Sykes has, since then, made over $6 million of earnings through his lengthy career as trader. At 25 years old, he had been given greater exposure and a larger reach of influence when he became part of the reality show “Wall Street Warriors.” Then, he took advantage of it to develop trading rooms and penny stock themes as well as educational content targeted at people who are brand new to trading. He also played a role in establishing Profit.ly as a platform for openness, and for the community to uplift and compete with each other on the platform.
The Profit.ly Gurus
One of Profit.ly’s amazing features is the variety of educational resources, trade alerts, as well as other useful information provided by the platform’s in-house gurus. The gurus in question refer to experts in the field of trading who have earned substantial amounts of money from their collective years of knowledge. Tim Sykes Father
At its peak, Profit.ly had housed up to five gurus, all of them a professional in their niche within the world of trading. Some of the most famous gurus included Connor Bruggermann, Nathan Michaud of Investors Underground, and Triforce among others. As of this 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. In light of that Let’s look at the packaged offers each guru can offer.
From Tim Sykes Tim Sykes
Sykes offers an essential stock trading service with the main priority being penny-stock day trading via Tim’s Alerts. Costing $74.95 monthly, you will see him focus on the basic stock catalysts and employ them to forecast the next possible moves in making trades.
A single purchase in Tim’s Alerts will get you access to the chatroom, as well as the mobile app that’s available on iOS and Android devices, as well as texts, emails 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, upgraded version of the Tim’s Alerts program. It costs $149.95 monthly, this is a great option for investors who are committed to the penny-stock market. Pennystocking Silver comes with all the standard features that were included in the previous plan, including swing trading alerts and unlimited access to a rich 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 under the name “Superman,” is a professional in swing trading with an eye for massive stocks of the small-cap size and insanely accurate marketing forecasts. Through the years since he began as a trader, Superman has amassed over $5.5 million in total trading earnings. Tim Sykes Father
The Superman Alerts plan is an offering of essential features and trading alerts targeted towards those who might be interested. For $147 per month, you’ll gain access to the daily stock watchlist that is premarket along with the mobile application, daily market commentary in real time, and E-mail and SMS alerts.
The film “Superman” Paul Scolardi: Superman Pro
For the price of $247, you receive additional features, as well as access to the extensive knowledge base of information provided by Superman himself via his Superman Pro package. Alongside the standard features featured in the Alerts plan, Superman Pro gives you daily video lessons, which include the growing collection of other previous ones. On top of that, you’ll also get the ability to access premium reports on research and an IPO and earnings tracker.
Profit.ly Plans and Costs
If you’re ready to join the online trading community and leave your mark on the field, Profit.ly has the right amount of tools to get you up and running. The platform offers three membership tiers that cater to traders with different levels. Let’s look at what the three levels are and what they’ll cost you.
Novice Plan
The package called Novice is Profit.ly’s beginning-of-the-line plan specifically for people who are brand new to the trading community. When you sign up for this plan you’ll be offered a range of strong and vital trading tools, all of them integral in keeping your fingers on what we call a competitive process by itself.
The list of features you can do with Profit.ly’s Novice package include the ability to verify the results of your trades and track profit as well as leading, following, and even messaging other traders; and leaving feedback on today’s trades. You’re also allowed to get onto leaderboards; study the results of your analysis, sort, as well as filter trades; and, finally, see other’s stats.
The Novice plan is $29.95 per month. Although it might look appealing just by the price, there is a downside. You aren’t able to create a personal profile, which makes your activities publicly available. If you’re interested in gain the benefit of this service, 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 many of the features of the novice plan. This plan allows that you are able to create a private profile for sharing with fellow associates all your insights and information you have gained from this trading group.
Priced at $49.95/month, Profit.ly’s Trader plan is exactly what it says catering to those who desire to improve their skills in trading. Although it’s a nice thing however, there’s a crucial element that’s missing. Unlike the previous Novice package, you will not be able to view the statistics of other traders that might be a drawback for those who are anticipating this level. Tim Sykes Father
Pro Plan
The Professional plan can be described as the highest luxurious package Profit.ly could offer for seasoned traders. It costs $74.95 each month which includes 22% off for annual billing the Pro plan has everything. You get full, no-holds-barred access to all features from the two previous plans.
You’re not only able to see other users’ stats and data, but you also have the opportunity to create your own private profile. These two features are in addition to the benefits that you can use to the fullest potential. If you’re looking for an account that will give you with everything you require as trader with experience, the Pro plan is the right choice for you!
Profit.ly’s Other Services
Apart from the provided training tools and the leadersboards Profit.ly has a few additional services that it can offer. One of these is its online store, which lets users select from a variety of videos designed to inform and help you understand the nuances and pitfalls of trading. All of the products featured in this section of the website can be immediately purchased for personal use. These include best-selling products such as”Trading Tickers,” the “Trading Tickers” series by trader expert Tim Grittani, Timothy Sykes’s collection of DVDs, streaming-only content related to short stocking, penny stocking, as well as all related to trading, videos and clips from The Annual Pennystocking Conference, and other products by expert traders.
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The chat rooms that are integrated are as well part of Profit.ly’s array of features and services. You’re probably familiar with the concept of the chat room since you will see it on social and messaging platforms, and also on a few specialty websites that provide live chat assistance. But in Profit.ly it’s seen as a hands-on space where experts and their members trade and learn in real time. Every guru has their own way in running their chat rooms and dealing with the members. One might be more laid back and rarely active, while another might be more active and in touch to their pupils. Consider chat rooms like Profit.ly’s version of the forum in the essence.
Who is the ideal trader to Profit.ly?
Profit.ly’s variety of offerings and features cater to a large variety of stock trader types, from beginners to experienced pros. Considering the number of offers it offers, the platform surely has something for every person.
Beginners, for instance, can take advantage of Profit.ly’s knowledge-based content offered throughout the platform. Not only will they be provided with videos every week and chat room tips by its internal gurus and members. They’ll also be able to pick from the merchandise available in its online store for them to take wherever they travel. Additionally, they can gain practical experience trading on the platform, but eventually they’ll realize that trading is a high stakes game that shouldn’t be taken as a joke.
For those traders who have had years of exposure down the road, we consider Profit.ly equally suited for them as it is for the newcomers. While the newbies may not be as well-equipped with handling trading matters, the pros already understand the way it functions and the risky mix associated with it. Ideally, they may use Profit.ly’s array of options to their maximum advantage to enhance their trading abilities. Like beginners, they can learn from the top experts and experts , and use those simple tips and hints throughout the process.
Profit.ly’s ‘all-together’ nature isn’t limited to novices as well as semi-seasoned traders. Experts who have been verified can also participate in the enjoyment! Those in the trading industry who are on an equal level with Superman or Tim Sykes can also use Profit.ly’s capabilities. Profit.ly’s capabilities to showcase their skill to others as a way to help assist them in the ever-changing trading process. Tim Sykes Father
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 tons of learning communications, trading, and communication tools
- You get to be provided with excellent lessons and tips from the internal experts, which include collections of educational videos as well as live trading activity.
- You can be sure of complete transparency through Profit.ly with accurate analytics as well as fellow traders ready to call you out whenever something happens
- The leaderboard feature of the platform offers you a way to build your reputation as a reliable and authentic trader
- In addition to its primary capabilities, Profit.ly also gives its customers extra options that can be tailored to their preferences, such as posting trades that are not authentic by taking images
- Profit.ly’s variety of subscription levels and guru packages are priced at reasonable prices – there truly is something for everyone
The Cons
- Profit.ly’s bountiful stream of products and packages offered might not be enough for the majority of its customers
- If traders decide to open any kind of trade, there is an opportunity that some them could profit from cherry-picking the best trades to increase the rating this could be a risk that shouldn’t be ignored.
- Profit.ly will not allow refunds because the premium customers are expected to instantly benefit from the number of services the platform has to provide
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The Final Concluding Question is: Is Profit.ly Valued?
If we could think of the answer, it would be a ‘yes’. However, you must realize that the platform should not be used as a scheme to get rich quick. It wasn’t designed to be used in this way. Instead, you need to have curiosity. Tim Sykes Father
What we do mean”yes” is that it could be a useful learning tool. Those who may be stuck might be able to find Profit.ly’s range of resources helpful when they try their best to avoid loss and perform better than they did before. It’s not just the struggling traders who will benefit from the platform. It will be able to accommodate beginners as well as even experts!
If you really desire to be more successful in trading and would like to be taught by your mentors and peers along the way, then you should look no further than Profit.ly. Profit.ly may be a great alternative to start.
FAQ Tim Sykes Father
How do you use Profit.ly to post your trades?
Profit.ly includes the option of allowing trade entries under the ‘My Trade category on the dashboard. It lets you post your trades, either verified or not. You may choose between three choices:
- Linking your account with your brokerage of choice and importing trades directly from there
- Manually entering your trades into provided spaces and specifics
- Upload a screenshot of your transactions
How can I tell whether the trade can be verified or not?
If you purchase your trade from a reputable brokerage, there is the probability that it’s verifiable. This is evident by the blue check mark. If you upload the information manually or via images, it will be classified as unverified.
The drawback of posting an unauthenticated trade is the chance of receiving negative feedback from fellow peers. A large number of downvotes could cause you to show up at the top of the Madoff leaderboard, which is where the public can see who’s dishonest in posting trades.
Are the Profit.ly mobile application 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 version of the app works with all functioning tablets and smartphones.
How many people are on Profit.ly?
Profit.ly currently houses over 150,000 investors and traders as they not only are seeking to make the most profit but also assist each other to learn and improve in acquiring opportunities in the stock market left and right.
