The stock market can be a high-stakes game. Some days, you may enjoy the benefits of positive and satisfactory numbers. On other days, the opposite may happen and it can be extremely difficult to get back to where you were at your most productive. 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 loss from time to time and you’re likely to require reliable advice from tested and tried trading experts. You’re also gonna need a significant boost from your 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 market. This review will take an in-depth 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. Do check out our article below, however, because it has a comprehensive overview of Profit.ly.
Overall Rating: 4.1/5 Tim Sykes Forecasts By Agora Financial Llc
Value: 4.1/5
Quality: 4.1/5
Costs: 4.1/5
User Experience: 4.5/5
Summary
Profit.ly offers an internet-based trading service that enables traders of different levels to be informed, transparent, accountable, and uplifting with each other by offering a wide variety of tools and features including trade verification, chat rooms and a rich library of educational content.
What is Profit.ly?
Profit.ly is a trading site which serves as a training and learning platform for people new to trading and also as a platform for experienced traders to track their performance using the aid of cutting-edge analytics tools. Offering users a broad array of options for communication and trade, it helps traders from all walks of life connect with one another. It also allows gurus to make an opportunity to invest in the right areas of the platform. Think of it as an online social media platform similar like Facebook and Reddit however it is geared towards professionals and traders.
Profit.ly independently checks the performance of trades and posts all the data from them in the form of leaderboards. The platform for trading is built on honesty and transparency: it guarantees that the transactions are legitimate and will not allow for fraud as much as it is possible. It was founded years ago by the penny stock trade expert and investment expert Timothy Sykes, along with his colleague Michael Mosseri.
In an appearance in Forbes magazine Sykes stated that Profit.ly was driven by its focus “on showing all trades, something that was never prior to.” This idea Sykes said served two purposes: 1) keeping track of public data for all traders, not just the gurus and students and newsletter writers as well as) giving all users to gain insight into the losses and wins for the trading industry’s benefit. Tim Sykes Forecasts By Agora Financial Llc
How Does It How Does It
Profit.ly is a subscription-based platform that lets stock traders benefit from a variety of services and features geared toward the success of their business. It is possible to create an account at no cost, however you’re only given access to the leaderboards and monitor the actions of non-gurus. If you’re looking to invest your money to see what stocks the experts are trading in real-time You’ll need to join one of Profit.ly’s deals, which we will discuss in the near future.
Setting up an account is simple: Create an account with your experience and knowledge, then connect to your brokerage account, and you’ll be given a chance to shoot your way to at the very top of the list. Profit.ly’s leaderboard feature, as previously mentioned it is designed to provide its users a look at the performance of the trading community as well as its experts. You’re not just allowed to demonstrate your worth to a community of traders, but you can also utilize Profit.ly to buy with a guru, and have the assurance that you’re confident of their knowledge and the legitimacy of their claims.
If you feel uneasy with the concept of leaking your brokerage account, you can choose to publish your trades, verified or not, by taking pictures. Included in Profit.ly are a variety of trading courses as well as the ability to look at statistics on a person’s profile and other methods to connect with your gurus through the chatroom as well as email and text alerts as well as updates.
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Meet the Founder: Tim Sykes
Timothy Sykes is a well-renowned day trading guru who has been famously known for delving his hands into penny stock trading. According to Investopedia Penny stock refers to a small-sized company’s stock which trades at under $5 for each share. The trading of penny stocks is a stepping stone for small companies to move into a larger market because it gives them access to funds from the public. But don’t make the mistake of thinking that it can also be an extremely risky game, as Sykes can surely tell through his many years of experience.
Beginning in the latter years of the high schools, Tim Sykes has, since then, earned over $6 million of profits through his lengthy career as trader. When he was 25 years old Sykes was given greater exposure and a larger influence over time when he was a part of the reality show “Wall Street Warriors.” He then took advantage of it to create trading rooms, penny stock themes, as well as educational content targeted at those who are new to trading. He also helped establish Profit.ly as a platform for transparency and to allow the community to rise and compete against each other through the platform.
The Profit.ly Gurus
One of Profit.ly’s sweet inclusions is the vast array of education sources, trade alerts and other useful stuff offered by the company’s internal gurus. The gurus in question refer to the trading experts who have earned substantial amounts of money from their collective years of knowledge. Tim Sykes Forecasts By Agora Financial Llc
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 most 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 this platform: Founder as well as penny-stock trader Tim Sykes and veteran smallcap swing trader Paul Scolardi, also known as Superman. With that taken into consideration Let’s look at the packages each guru can offer.
From Tim Sykes Tim Sykes
Sykes offers basic stock trading services that focuses on penny-priced day trading with Tim’s Alerts. The cost is $74.95 monthly, you will observe him focus on fundamental catalysts for stocks and utilize them to forecast the next possible moves in trading.
A standalone purchase of Tim’s Alerts will get you access to the chatroom and the mobile application that is available on iOS as well as Android devices, email, text, and push alerts; and a daily stock watchlist.
Tim Sykes: From Tim Sykes: The Pennystocking Silver Package
Pennystocking Silver is the most premium version, with an upgraded version of Tim’s Alerts package. At $149.95 per month, this is the perfect plan for investors who are committed to investing in penny stocks. Pennystocking Silver comes with all the standard features found in prior plans, such as alerts for swing trading and access to an extensive library of more than 7,000 instructional videos and new videos released each week.
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In “Superman” Paul Scolardi: Superman Alerts
Scolardi, who goes by the alias “Superman,” is a swing trading professional with an eye for tiny-cap massive stocks as well as wildly accurate marketing forecasts. Through the years since the time he started trading, Superman has amassed over $5.5 million in trading profits. Tim Sykes Forecasts By Agora Financial Llc
The Superman Alerts package is his offering of essential features and trading alerts geared towards those who might be interested. For just $147 per month, you’ll have an access to the day-to-day premarket stock watchlist along with the mobile app, daily market commentary in real-time, and email and SMS alerts.
From “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, via his Superman Pro package. On top of the essentials featured in the Alerts plan, Superman Pro gives you daily video lessons, which include an ever-growing library of previous lessons. Additionally you’ll also have access to premium research reports as well as an IPO and earnings tracker.
Profit.ly Programs and Costs
If you’re eager to join the online trading community and leave a mark in the industry, Profit.ly has the right amount of resources to help you started. The platform offers three membership tiers that cater to traders with different levels. Let’s break down what these three tiers are and how much they’ll cost you.
Novice Plan
This package for novices is Profit.ly’s beginning-of-the-line plan specifically for those who are just beginning their journey to the trading world. When you sign up for this package, you will be immediately offered a range of strong and essential trading tools, all of them integral in keeping your hands on what we can describe as a cutthroat process by itself.
The list of features you can accomplish with Profit.ly’s Novice package 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 can also get onto leaderboards; study your trades, sort or filter the trades you make; and, finally, see the statistics of other traders.
The Novice plan will cost $29.95 per month. While it may look attractive just by the price, there is a downside. It isn’t possible to create a private profile, thus making your activities publicly available. If you’re looking to have an account with this option, be watching for us to introduce to you Profit.ly’s new plan.
Trader Plan
The Trader plan allows you to take advantage of the majority of features available in The Novice package. In this plan, that you are able to create a private profile to share 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 will do what the name implies: Cater to those who desire to develop their trading skills. While it’s nice but there’s one important aspect that’s not included. Unlike the previous Novice package, you will not be able to see other traders’ statistics that could be a disadvantage for those who are looking forward to this tier. Tim Sykes Forecasts By Agora Financial Llc
Pro Plan
This is by far the highest premium package that Profit.ly can offer to experienced traders. It costs $74.95 per month, which includes 22% off for billing annually This plan offers everything. It gives you full, unlimited access to all features from the two prior plans.
Not only do you get to look at other people’s statistics, but you’re also given the chance to create an individual profile. Both of these options, on top of all the benefits that you can use to the maximum extent. If you’re in search of an account that will give all the features you need to be a skilled trader, maybe the Pro plan is ideal for you!
Profit.ly’s Other Services
Apart from the provided training tools and the leaderboards, Profit.ly has a few other services they provide. One of these is its online store, which lets users select from a variety of instructional videos that are designed to inform and provide guidance on the nuances and pitfalls of trading. All of the products featured on this page of the site can be purchased immediately for personal use. These include best-selling products such as the “Trading Tickers” series by trading specialist Tim Grittani, Timothy Sykes’s collection of DVDs and streaming-only content about penny stocking, short stocking, and all other related to trading, videos and scenes taken from the Annual Pennystocking Conference, and items from other experts in trading.
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The chat rooms that are integrated are included in Profit.ly’s variety of services and features. You may be familiar with the chat room since you can see it across social and messaging platforms and also on a few specialty websites that offer live chat assistance. But on Profit.ly, it is seen as a real-time area where experts and member traders can communicate and exchange knowledge in real-time. Every guru has their own way in running their chat rooms and in dealing with the 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. Consider chat rooms as Profit.ly’s version of a forum, in the essence.
Who is the best Trader for Profit.ly?
Profit.ly’s wide range of products and features caters 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 materials available across the platform. In addition, they will get daily videos and chat room advice from its in-house gurus and members. They’ll also be able choose from the items on its store online for them to take wherever they may travel. They can also gain hands-on experience trading on the platform, but ultimately they’ll be able to realize that this is a risky game that shouldn’t be taken as an amusing pastime.
For the traders with years of exposure down the road, we consider Profit.ly equally suitable for them as it is for the newcomers. Although the novices might not be as well-equipped with dealing with trading issues but the experts already know how it works along with the stack full of risks associated with it. Ideally, they may make use of Profit.ly’s variety of features to their best advantage to enhance their skills in trading. As beginners, they are able to learn from the experts and experts and utilize those simple tips and hints along the way.
Profit.ly’s “all-in” approach isn’t limited to novices and semi-experienced traders. Verified experts can also join in the fun! Trade professionals who are on the same level as Superman and Tim Sykes can also use Profit.ly’s capabilities. Profit.ly’s capabilities to showcase their skill to others in order to guide them through the ever-illustrious trading process. Tim Sykes Forecasts By Agora Financial Llc
Profit.ly’s Pros and Cons
The Pros
- Profit.ly’s numerous capabilities as a “one-stop’ platform for trading stocks allows it to provide traders everywhere with a wealth of education communications, trading, and communication tools
- You will be provided with excellent lessons and tips from the in-house gurus, including collections of educational videos as well as trading in real-time.
- You’re assured of transparency throughout Profit.ly with precise analytics as well as other traders that are waiting to reach you when something goes wrong.
- The leaderboard feature of the platform offers you the chance to establish your reputation as a reliable and authentic trader
- Apart from its core abilities, Profit.ly also gives its customers additional options to meet their preferences, such as posting unverifiable trades through photographs
- Profit.ly’s wide array of subscription levels and guru packages are priced at a reasonable cost There’s something for every person
The Cons
- Profit.ly’s bountiful stream of packages and services offered could seem overwhelming for a lot of its customers
- If traders decide to make any type of trade, there is a possibility that some of them may take advantage by selecting the best trades in order to boost their rating this could be a concern that should not be overlooked.
- 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 The Final Verdict: Is Profit.ly Worth It?
If we were able to come up with the answer, it would be an affirmative “yes”. But you need to understand that the platform should not be used as a scheme to get rich quick. It wasn’t meant to be designed for this reason. Instead, you should have the ability to think with an open heart. Tim Sykes Forecasts By Agora Financial Llc
What we do mean by ‘yes’ is that it could be a useful learning tool. People who are stuck may discover Profit.ly’s array of resources useful as they do their best to avoid losses and perform better than before. It’s not just the struggling traders that will profit from the platform. It will be able to accommodate beginners as well as even experts!
If you truly care about being more successful in trading and would like to be taught by your peers and experts on the way, look no further – Profit.ly is a fantastic alternative to start.
FAQ Tim Sykes Forecasts By Agora Financial Llc
How can you make use of Profit.ly to post your trades?
Profit.ly has a trade entry portion under the My Trade section of the dashboard that allows you to post your trades, either verified or otherwise. There are three options:
- Linking your account with your broker of choice and import transactions directly through there
- Manually inputting your trades with the spaces provided and details
- Send a screen shot of your transactions
What can I do to determine whether the trade can be verified or not?
If you buy your trade from a reputable brokerage, there is the chance that it is verifiable. This is indicated with the small blue check. If you upload the information manually or via images, it will be classified as unverified.
The drawback of posting an unverified trade is the risk of getting downvotes from your fellow peers. Too many downvotes may cause you to show up on the Madoff leaderboard, which is where the public can detect who’s being dishonest in posting trades.
Does the Profit.ly mobile application still available?
As of the moment, Profit.ly is still available to download via the Apple App Store and the Google Play store. The mobile app version works with all functioning tablets and smartphones.
How many people are currently connected to Profit.ly?
Profit.ly currently houses over 150,000 traders and investors, as they not only are looking to earn maximum profits but also to help one another develop and grow in their ability to take advantage of opportunities on the stock market left and right.
