Stock trading is an exciting game with high stakes. On some days, you might be reaping the benefits of pleasing and positive numbers. On other days, the opposite may happen and it could be extremely difficult to return to where you were your best. If you are immersed in the water You will need to recognize that relying on instinct and survival is not always enough.
If you’ve suffered occasional losses, you’re gonna be needing sound advice from tried-and-tested trading experts. Additionally, you’ll require an important boost from trading partners from all over the world, which is why we’ve discovered an option that can help you in your growth within the field. In this review, we’ll take the time to 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.
Total Rating: 4.1/5 Tim Sykes Free Webinar
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 various levels to be informative responsible, transparent, and encouraging each other by offering a wide range of features and tools like chat rooms, trade verification as well as an extensive library of educational content.
What exactly is Profit.ly?
Profit.ly is a trading website that functions as a learning and education platform for those who are just beginning their journey and also as a platform for traders with experience to keep track of their performance with the help of cutting-edge analytics tools. Offering users a broad variety of tools to facilitate trade and communication that help traders from all walks of life network with each other. It gives the gurus an opportunity to invest in the right areas that the site. Imagine it as an online social media platform similar the likes of Facebook and Reddit but with a focus on traders and experts.
Profit.ly independently validates trade performance and posts all the data of them in the manner of leaderboards. The trading platform is built on trust and transparency. it guarantees that the transactions are legitimate and will not allow for fraud as much as is humanly possible. It was established in the past by penny stock trade expert and investment expert Timothy Sykes, along with his colleague Michael Mosseri.
One time during his interview with Forbes publication, Sykes declared that Profit.ly was motivated by its focus “on showing every trade, something that has never been prior to.” The concept Sykes said served two objectives: one) making public records for everyone, not just the experts and students and newsletter writers as well as) giving anyone on the platform to gain insight into both losses and wins to benefit the industry of trading. Tim Sykes Free Webinar
How Does It How Does It
Profit.ly follows a subscription-based model that allows stock traders to gain access to a multitude of features and services aimed toward the success of their business. It is possible to create an account there at no cost, however you’re only given access to 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 sign up to one of Profit.ly’s offers that we’ll discuss in the near future.
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 up to high on the leaderboard. Profit.ly’s Leaderboard function, which was mentioned previously it is designed to provide its users a glimpse of the performance of the trading community as well as its gurus. You’re not just allowed to demonstrate your worth to a large group of traders, as you can also use Profit.ly to buy with a professional with the assurance that you’re confident in their skills and the legitimacy of their assertions.
If you feel uneasy with the idea of divulging your brokerage account, then you could opt to post your trades, verified or otherwise, through pictures. In Profit.ly are a variety of courses in trading as well as the ability to look at stats in a trader’s profile as well as other ways to communicate with your gurus in the chatroom, in addition to 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 trading personality who is well-known for his efforts in trades in penny stocks. According to Investopedia the term “penny stock” refers to a small company’s stock that trades for under $5 for each share. Penny stock trading is an avenue for small companies to move into a larger market because it gives them access to funds from the general public. But don’t be mistaken – it’s also an extremely risky activity, as Sykes is sure to reveal thanks to his years of expertise.
Beginning in his late years in High School, Tim Sykes has, since then, earned an estimated $6 million profits through his lengthy career as a trader. At 25 years old, he had been given greater exposure and an even wider reach of influence when he became part of the reality show “Wall Street Warriors.” He then made use of the show to develop trading rooms and penny stock themes as well as educational content targeted at those who are just beginning to learn about trading. He also played a role in establishing Profit.ly as a place of openness, and to allow the community to rise and compete against each other on the platform.
The Profit.ly Gurus
One of Profit.ly’s sweet inclusions is the vast array of educational sources, trade alerts as well as other useful information provided by the in-house experts of the platform. These gurus refer to the experts in trading who have proven to make substantial profits through their years of expertise. Tim Sykes Free Webinar
At its peak, Profit.ly had housed up to five gurus. Each of them a professional in their niche in the field of trading. Some of the most famous experts were Connor Bruggermann, Nathan Michaud of Investors Underground, and Triforce as well as a handful of others. At the time of writing however, only two gurus remain on this 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 we’ll take a look at what packaged deals each guru offers.
From Tim Sykes Tim Sykes: Tim’s Alerts
Sykes offers basic stock trading services that focuses on penny stock day trading through Tim’s Alerts. Costing $74.95 monthly, you will see him focus on the fundamental catalysts for stocks and utilize them to anticipate the next possible moves in trading.
A standalone purchase of Tim’s Alerts will get you access to the chatroom, as well as the mobile application that is available to iOS and 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 that has been upgraded of the Tim’s Alerts package. It costs $149.95 monthly, this is a great option for investors who are invested in the penny-stock market. Pennystocking Silver comes with all the standard features of the previous plan, which includes alerts for swing trading and access to an extensive library of over 7,000 educational videos, with new ones released weekly.
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The following video is from “Superman” Paul Scolardi: Superman Alerts
Scolardi, who goes by the name “Superman,” is a swing trading professional with an eye for massive stocks of the small-cap size and insanely accurate marketing forecasts. Since he began as a trader, Superman has amassed over $5.5 million in all-time trading profits. Tim Sykes Free Webinar
The Superman Alerts plan is an package of vital features and trading alerts targeted toward those who may be interested. For just $147 per month, you’ll have an access to the day-to-day stock watchlist that is premarket along with the mobile application, daily market commentary in real-time, and SMS and e-mail alerts.
From “Superman” Paul Scolardi: Superman Pro
At $247/month, you get additional features, as well as access to a knowledgeable base provided by Superman himself through his Superman Pro package. On top of the essentials featured in the Alerts package, Superman Pro gives you weekly video lessonsthat include the growing collection of other previous ones. Additionally you’ll also gain an access to high-quality research papers as well as an IPO as well as earnings tracking tool.
Profit.ly plans and costs
If you’re ready to join the online trading community and leave a mark in the field, Profit.ly has the right amount of resources to get you started. The platform offers three membership levels that cater to traders with different levels. Let’s break down what these three levels are and what they will cost you.
Novice Plan
The Novice package is Profit.ly’s beginning-of-the-line plan specifically for people who are brand new to the trading world. Once you have signed to this plan, you will be immediately provided with a variety of powerful and indispensable trading tools, all one of them essential in keeping your fingers on what call a competitive procedure in its own.
Among the list of things you can accomplish using Profit.ly’s Novice package include the ability to verify trades and track profits and follow-up, leading and even chatting with your fellow traders, as well as providing feedback on trades today. It also allows you to be onto leaderboards; study the results of your analysis, sort, as well as filter trades; and lastly, look at other people’s statistics.
The Novice plan will cost $29.95 per monthly payment. Although it looks attractive simply because of the price, there is a downside. It isn’t possible to create a private profile, thus making your personal information public. If you’re looking to get access to this feature, you should be watching for us to introduce to you Profit.ly’s next strategy.
Trader Plan
The Trader package lets users to benefit from the majority of features available in The Novice package. In this plan, that you are able to create an account that is private to share with fellow associate users all the insights and information you have gained from the trading community.
The price is $49.95/month, Profit.ly’s Trader plan is exactly what it says caters for those looking to improve their skills in trading. While it’s nice, there is one significant feature that is missing. As opposed to the prior Novice package, you will not be able to view other traders’ statistics, which could be a problem for those looking forward to this tier. Tim Sykes Free Webinar
Pro Plan
This is by far the highest luxurious package Profit.ly can offer to experienced traders. It costs $74.95 each month which includes a 22% discount when billed annually, this tier has it all. You will have full, unrestricted access to all features of the prior plans.
In addition, you’ll be able to look at other people’s statistics, but you’re also given the chance to create a private profile. These two features are in addition to the benefits that you can use to the fullest potential. If you’re in search of a plan that can serve you with everything you require as an experienced trader, the Pro plan is the right choice for you!
Profit.ly’s Other Services
Apart from the trainer tools and leaderboards, Profit.ly has a few additional services that it can offer. One of those is its online store, which allows users to select from a variety of instructional videos that are that are designed to educate and help you understand the ins and outs of trading. The products listed on this page of the website can be immediately purchased for personal use. Among these products include best-sellers such as”Trading Tickers, “Trading Tickers” series by trading specialist Tim Grittani, Timothy Sykes’s collection of DVDs, streaming-only content on penny stocking, short stocking, and other things trading-related, clips and footage of The Annual Pennystocking Conference, and items from other experts in trading.
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The integrated chat rooms are as well part of Profit.ly’s array of services and features. You are probably familiar with the concept of chat rooms since you will see it on messaging and social platforms, and also on a few specialty websites that offer live chat support. But on Profit.ly, it is seen as a real-time area where experts and member traders can communicate and learn in real time. Every guru has their own way when it comes to running their chat room and in dealing with the members there. Some may be more laid back and rarely active, while another might be more interactive and online with their students. Think of chat rooms as Profit.ly’s version of the forum in essence.
Who is the best Trader for Profit.ly?
Profit.ly’s variety of offerings and features cater to a large variety of stock traders, from novices to the most experienced. Considering the number of offers it offers it is certain to have something for everyone.
For instance, newbies will appreciate Profit.ly’s collection of educational information available on the platform. They will also be enriched with weekly videos and chat room tips 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 go. You can also get hands-on experience trading on the platform, but eventually, they will soon learn that trading is a high-stakes game that shouldn’t be taken as an opportunity to make fun of.
For traders who have years of exposure down the road, we consider Profit.ly equally suitable to people who are just beginning. While novice traders may not be as adept at managing trading however, experienced traders know the way it functions and the risky mix associated with it. Ideally, they may make use of Profit.ly’s array of features to their full advantage to develop their trading abilities. Like beginners, they can study from the gurus as well as experts, and take advantage of short tips and tricks along the way.
Profit.ly’s ‘all-together’ nature doesn’t just apply to newbies and semi-experienced traders. Verified experts can also join in the excitement! People in the trade industry who are on the same level as Superman or Tim Sykes can also use the power of Profit.ly’s abilities to show off their skills to others in order to assist them in the ever-changing trading process. Tim Sykes Free Webinar
Profit.ly’s Pros and Pros and
The Pros
- Profit.ly’s diverse capabilities as a ‘one-stop’ stock trading platform enable traders across the globe with tons of learning communications, trading, and communication tools
- You’ll receive excellent training and tips from the internal experts, which include collections of educational videos as well as live trading activity.
- You’re assured of transparency throughout Profit.ly with accurate analytics as well as other traders that are waiting to reach you out if something occurs.
- The leaderboard feature on the platform gives you the opportunity to increase your reputation as a reliable and verifiable trader
- Apart from its main features, Profit.ly also gives its customers extra options that can be tailored to their preferences, such as posting unverifiable trades through screenshots
- Profit.ly’s wide array of subscription plans and guru packages are priced at reasonable prices There’s something for everyone
The Cons
- Profit.ly’s bountiful stream of packages and services offered could not be enough for a lot of its customers
- As traders may opt to open any kind of trade, there is the possibility that some of them may take advantage by picking the most profitable trades to improve their ratings – this may be a problem that shouldn’t be simply overlooked
- Profit.ly does not accept refunds as its premium users are expected to immediately benefit from the number of services that the platform can offer
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The Final Concluding Question: Is Profit.ly Valued?
If we could think of an appropriate answer for this query, it would be yes. But you need to understand that the platform should not be used as a scheme to get rich quick. The platform wasn’t originally designed to be used in this way. Instead, you need to have an open mind. Tim Sykes Free Webinar
What we mean”yes” is that it can be a great learning tool. For those who are struggling, they may be able to find Profit.ly’s array of resources helpful in their efforts to reduce loss and perform better than before. It’s not just the poor traders that can benefit from this platform. It can accommodate beginners and even experts in the field!
If you really care about being better at trading and wish to be taught by 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 Free Webinar
How can you make use of Profit.ly to post your trades?
Profit.ly includes a trade entry portion in the “My Trade category on the dashboard. It lets you post your trades, verifiable or otherwise. There are three options:
- Connecting your account to your brokerage of choice and importing the trades from that directly
- Manually entering your trades using provided spaces and specifics
- Take a photo of your transactions
How can I tell whether the trade can be verified or not?
If you buy your trade from a reputable brokerage, there is the probability that it’s verifiable. This is shown by the small blue check. If you upload it in a manual way or by taking pictures, it will be assigned as unverified.
The drawback of posting an unauthenticated trade is the chance of receiving downvotes from fellow peers. A large number of downvotes could result in you appearing 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 app still in use?
As of this writing, Profit.ly is still available for download on the Apple App Store and the Google Play store. The mobile app version is compatible with most working smartphones and tablets.
How many are connected to 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 to help one another develop and grow in their ability to take advantage of opportunities on the stock market left and right.
