The stock market can be an extremely risky game. On certain days, you may have the benefit of positive and satisfying numbers. On other days you may experience the opposite and it could be extremely difficult to return to the point you were at your best. If you are always in the mud, you will have be aware that relying solely on your instincts and preserving might not be enough.
If you’ve experienced losses from time to time You’ll need sound advice from tried-and-tested trading experts. You’re also gonna need an enormous boost from your fellow traders from around the globe. That’s why we’ve identified an option that can help you in your growth in the market. We’ll take an in-depth look at Profit.ly, a well-recognized 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 Garden Proud
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 responsible, transparent, and uplifting with each other by offering a wide range of features and tools such as chat rooms, trade verification, 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 those new to trading as well as a place for traders who are experienced to monitor their performance through the use of cutting-edge analytics tools. It provides users with a vast range of resources for trade and communication and letting traders from all walks of life network with one another. It also allows gurus to make worthy investments within the boundaries that the site. Consider it an online social media platform similar like Facebook and Reddit but with a focus on traders and experts.
Profit.ly independently verifies trade performances and publishes all data from them in the form of leaderboards. The platform for trading is built on trust and transparency. it guarantees that the trades are authentic and won’t accept fake news as long as possible. It was founded many years ago by penny stock trade expert and investment expert Timothy Sykes, along with fellow expert Michael Mosseri.
In an appearance in Forbes magazine, Sykes stated that Profit.ly was motivated by its focus “on showing all trades, something that has never been prior to.” The idea, he added, served two goals: 1.) making public records for all traders, not just the gurus as well as students and newsletter writers, and 2) allowing anyone on the platform to gain insight into the losses and wins to benefit the industry of trading. Tim Sykes Garden Proud
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 towards achieving achievement. It is possible to create an account at no cost, however you’re only given the capability to browse the leaderboards and monitor the actions of non-gurus. If you’re looking to invest your money in order to find out which stocks the gurus are trading in real time it is necessary to subscribe to any of Profit.ly’s offers that we’ll go over shortly.
Making an account easy: create an account with your experience and knowledge, then connect to your brokerage account, and you have yourself a chance to shoot your way to at the very top of the list. Profit.ly’s leaders’ board feature as we’ve mentioned earlier, is designed to give its users a look at how the community of traders performs as well as its gurus. You’re not just allowed to demonstrate value to a large group of traders, but you can also use Profit.ly to purchase from a guru with the assurance that you’re comfortable of their knowledge and the legitimacy of their assertions.
If you feel uneasy with the idea of divulging information about your account with a brokerage, you may decide to share your trades, verified or not, via pictures. Also included in Profit.ly are a variety of trading classes and the capability to see the stats of a trader’s account as well as other ways to communicate with your gurus via chatrooms 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 trader who is famously known for his involvement in the penny-stock market. According to Investopedia Penny stock is a small business’s stock which trades at just less than 5 cents per share. Penny stock trading is an opportunity for small businesses to transition to a large marketplace as it allows them to access capital from the general public. However, don’t get it wrong – it can also be an extremely risky activity, as Sykes is sure to reveal because of his decades of experience.
Beginning at the end of his time in high school, Tim Sykes has, since then, made an estimated $6 million profit during his long and successful career as a trader. At the age of 25, he had been given more exposure and a wider reach of influence as a participant in the reality show “Wall Street Warriors.” Then, he took advantage of it to create trading rooms, penny stock themes, and educational material aimed at those who are just beginning to learn about trading. He also helped establish Profit.ly as a platform for transparency and to allow the community to rise and compete through the platform.
The Profit.ly Gurus
One of Profit.ly’s sweet inclusions is the variety of learning sources, trade alerts as well as other useful information provided by the in-house experts of the platform. These gurus refer to the trading experts who have earned substantial amounts of money from their combined years of expertise. Tim Sykes Garden Proud
At its height, Profit.ly had housed up to five gurus, each of them a pro in their niche in the field of trading. Some of the most famous experts were Connor Bruggermann, Nathan Michaud of Investors Underground, and Triforce among others. As of this writing, there are only two gurus who remain on this platform: Founder of the penny stock market 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 the packages each guru can offer.
From Tim Sykes: Tim’s Alerts
Sykes offers a basic stock trading service with the main priority being penny-priced day trading with Tim’s Alerts. The cost is $74.95 per month, you’ll be able to be able to see him concentrate on the fundamental catalysts for stocks and utilize them to anticipate the next moves that could occur when making trades.
A single purchase of Tim’s Alerts will get you access to the chatroom and the mobile app available for iOS as well as Android devices, texts, emails and push alerts; and a daily stock watchlist.
from Tim Sykes: The Pennystocking Silver Package
Pennystocking Silver is the highest-quality version, with an upgraded version of Tim’s Alerts package. Priced at $149.95 monthly, it is the perfect plan for investors who are involved in penny stock trading. Pennystocking Silver includes all the basic features that were included in prior plans, such as swing trading alerts and unlimited access to a 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 alias “Superman,” is a professional in swing trading with an eye for both small-cap monumental stocks and crazy-accurate marketing forecasts. In the time since he began as a trader, Superman has amassed over $5.5 million in trading profits. Tim Sykes Garden Proud
The Superman Alerts plan is an offering of essential features and trading alerts targeted towards those who might be interested. For $147/month, you’ll get an access to the day-to-day premarket stock watchlist and the mobile application, daily market commentary in real-time, and E-mail and SMS alerts.
In “Superman” Paul Scolardi: Superman Pro
For the price of $247, you receive additional features and access to an extensive base of knowledge that is provided by Superman himself via his Superman Pro package. Alongside the standard features featured in the Alerts package, Superman Pro gives you daily video lessons, which include the growing collection of previous lessons. Additionally you’ll also gain an access to high-quality research papers and the IPO or earnings monitor.
Profit.ly Plans and Costs
If you’re ready to join the trading community on the internet and leave a mark in the field, Profit.ly has the right amount of tools to get you going. The platform has three membership levels that are designed to accommodate traders with different levels. Let’s take a look at what these three are and how much they’ll cost you.
Novice Plan
This package for novices is Profit.ly’s basic plan that is designed specifically for those who are new to the world of trading. When you sign up for this package you’ll be given a slew of robust and vital trading tools, all of them integral in keeping your fingers on what can describe as a cutthroat process in and of itself.
Among the list of things you can accomplish with Profit.ly’s Novice package is the ability to verify trades and track profits; leading, following, and even messaging your fellow traders; and giving feedback on the trades of today. You’re also allowed to get onto leaderboards; study, sort, as well as filter trades; and, lastly, view the statistics of other traders.
The Novice plan is $29.95 per monthly payment. While it may look attractive for the price alone however, there’s a drawback. You can’t create a private profile, which makes your activities publicly available. If you’re looking to get access to this feature, you should stay tuned as we introduce to you Profit.ly’s new plan.
Trader Plan
The Trader plan allows you to take advantage of a majority of features from the Novice plan. It is in this plan that you can create a private profile for sharing with fellow associate users all your knowledge and knowledge you gain from this trading group.
The price is $49.95/month, Profit.ly’s Trader plan will do what the name implies: Cater people who want to improve their skills in trading. As nice as it seems, there is one significant aspect that’s not included. In contrast to the Novice package, you will not be able view other traders’ stats that could be a problem for those looking forward to this tier. Tim Sykes Garden Proud
Pro Plan
The Pro plan is the most expensive plan Profit.ly could offer for seasoned traders. At $74.95 each month and a 22% discount for annual billing This plan offers it all. You will have full, unrestricted access to all the options of the previous plans.
You’re not only able to look at other people’s statistics as well, you’re also offered the option of creating an individual profile. These two features are on top of all the 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 tier could be for you!
Profit.ly’s Other Services
Apart from the provided trainer tools and leadersboards Profit.ly has a few other services they offer. One of them is the online store, where customers can choose from a wide array of instructional videos that are that are designed to educate and guide you through the ins and outs of trading. Each of the offerings listed on this page of the site can be immediately purchased for personal use. Among these products include best-sellers such as the “Trading Tickers” series by trader specialist Tim Grittani, Timothy Sykes’s library of DVDs and streaming-only content about short stocking, penny stocking, and other aspects of trading. There are also clips and footage taken from the Annual Pennystocking Conference, and products from other expert traders.
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The integrated chat rooms are also part of Profit.ly’s array of features and services. You’re probably familiar with the chat room as you can see it across messaging and social platforms, as well as some specialty websites that provide live chat assistance. But in Profit.ly it’s seen as a area where experts and members can interact and exchange knowledge in real-time. Every guru has their own way when it comes to running their chat room and in dealing with the members there. One of them may be more laid back and rarely active, while another might be more active and in touch with their students. Consider chat rooms like 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 the wide range of stock traders, from novices to the most experienced. With the variety of deals it offers, the platform surely has something for every person.
For instance, newbies will enjoy Profit.ly’s collection of educational materials available across the platform. They will also get daily videos and chat room advice from its in-house gurus and members. They’ll also be able pick from the merchandise available in its online store that they can take with them wherever they may go. Additionally, they can gain practical experiences by trading through the platform, but ultimately they’ll be able to realize that the process is a risky game that shouldn’t be treated as a joke.
For the traders with decades of experience in the line, we believe Profit.ly equally suited to them as the newcomers. While the newbies may not be as adept at managing trading but the experts already know the way it functions and the plethora of risks that come with it. Ideally, they may utilize Profit.ly’s array of features to their best advantage to enhance their trading skills. As beginners, they are able to learn from the top experts and experts and utilize those quick tips and tidbits to help them along.
Profit.ly’s “all-in” approach does not only apply to beginners or semi-experienced trader. Verified experts can also join in the fun! People in the trade industry who are at 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 as a way to guide them through the ever-illustrious trading process. Tim Sykes Garden Proud
Profit.ly’s Pros and Cons
The Pros
- Profit.ly’s many capabilities as a “one-stop’ stock trading platform enable traders across the globe with a wealth of education, communication, and trading tools
- You get to be provided with excellent lessons and tips from the in-house gurus, including libraries of educational videos and trading in real-time.
- You can be sure of complete transparency through Profit.ly with accurate analytics as well as other traders ready to call you out whenever something happens
- The leaderboard feature on the platform gives you the chance to establish your credibility as a trustworthy and verifiable trader
- In addition to its primary abilities, Profit.ly also gives its customers additional options to meet their preferences, such as posting unverifiable trades through screenshots
- Profit.ly’s wide array of subscription levels and guru packages are priced at affordable rates There is truly something for all
The Cons
- Profit.ly’s abundance of packages and services offered could be too much for most of its customers
- If traders decide to open any kind 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 concern that should not be overlooked.
- Profit.ly will not allow refunds as its premium users are expected to immediately benefit from the number of services the platform has to provide
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The Final Concluding Question: Is Profit.ly Valued?
If we were able to come up with an appropriate answer for this query, it would be an affirmative “yes”. But you need to understand that this platform shouldn’t be viewed as a get-rich-quick scheme. It wasn’t designed to be used to achieve this goal. Instead, you should have an open mind. Tim Sykes Garden Proud
What we mean”yes” is it is a fantastic learning tool. People who are stuck may find Profit.ly’s array of resources useful when they try their best to incur lesser losses and be more successful than they did before. It’s not only the struggling traders that will benefit from this platform. It can accommodate beginners and even experts in the field!
If you truly want to become a better trader and want to learn from your peers and experts on the way, you should look no further than Profit.ly. Profit.ly could be a good option to begin.
FAQ Tim Sykes Garden Proud
How do you use Profit.ly to publish your trades?
Profit.ly has a trade entry portion in the “My Trade’ category of the dashboard. It lets you record your trades, either verified or otherwise. There are three options:
- Linking your account to the brokerage of choice and then importing the trades from that directly
- Manually entering your trades into specified spaces and information.
- Upload a screenshot of your trades
How do I know whether the trade can be verified or not?
If you purchase your trade from a reputable brokerage, there is a high likelihood that it can be verified. This is evident by the blue check mark. If you post it in a manual way or by taking pictures, it will be assigned as unverified.
The drawback of posting an unauthentic trade is the risk of receiving downvotes from colleagues. Too many downvotes may cause you to be listed in the Madoff leaderboard, which is where the public can detect who’s being fraudulent in posting trades.
Does the Profit.ly mobile app still in use?
At the time of writing, Profit.ly is still available to download from the Apple App Store and the Google Play store. The mobile app version is compatible with most working smartphones and tablets.
How many people are currently connected to Profit.ly?
Profit.ly currently houses over 150,000 investors and traders because they are not just seeking to make the most profit but also assist each other to grow and learn more about acquiring opportunities in the stock market both right and left.
