Stock trading can be an exciting game with high stakes. On certain days, you could have the benefit of pleasing and positive numbers. On other days, however you may experience the opposite and it could be extremely difficult to get back to where you were your best. If you find yourself immersed in the water You will need to recognize that relying on instinct and survival might not be enough.
If you’ve suffered loss from time to time You’ll need solid advice from seasoned and tested trading experts. Additionally, you’ll require an important boost from trading partners from all over the globe, which is why we’ve identified an online platform that will help you to improve your performance in the industry. In this review, we’ll be taking a look at Profit.ly is a well-known 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.
Total Rating: 4.1/5 Tim Sykes Guide
Value: 4.1/5
Quality: 4.1/5
Costs: 4.1/5
The User’s Experience 4.5/5
Summary
Profit.ly is an online trading platform that enables traders of all levels to be informative and accountable, as well as transparent and encouraging one another through its wide variety of tools and features such as chat rooms, trade verification, and an enriched library of educational material.
What is Profit.ly?
Profit.ly is a trading site which serves as a training and learning platform for those new to trading and as a hub for traders with experience to keep track of their performance using the aid of cutting-edge analytics tools. Offering users a broad variety of tools for communication and trade that help traders from all walks of life connect with one another. It offers gurus with worthy investments within the boundaries that the site. Consider it a social media site akin like Facebook and Reddit but with a focus on experts and traders.
Profit.ly independently verifies trade performances and posts all the data of them in the manner of leaderboards. The trading platform is built on trust and transparency. it makes sure that trades are valid and won’t accept fake news as long as possible. It was founded years ago by the penny stock trade expert and investment expert Timothy Sykes, along with the other expert Michael Mosseri.
In an appearance in Forbes magazine Sykes stated that Profit.ly was based “on the transparency of the entire spectrum of trades, something which has never been prior to.” The idea Sykes said served two purposes: 1) creating public track records for everyone, not just the experts and newsletter authors and students as well as) giving everyone on the platform to learn from both losses and wins for the trading industry’s benefit. Tim Sykes Guide
How Does It How Does It
Profit.ly follows a subscription-based model that lets stock traders gain access to a multitude of tools and services that are geared toward success. You may set up an account on the site for free, but you’re only limited to having the capability to browse the leaderboard and observe the activities of people who aren’t gurus. If you’re ready to invest your money in order to find out which stocks the gurus are trading in real-time, you will need to subscribe to any of Profit.ly’s offerings, which we will discuss in the near future.
Making an account simple: Create an account with your experience and skills, join to your brokerage account, and you’ll have an opportunity to make your way up to the top of the leaderboard. Profit.ly’s leaderboard feature, as previously mentioned, is designed to give its users a look at their performance as a trading group and its experts. It’s not only a chance to prove your worth to a large group of traders. You can also use Profit.ly to purchase from a guru with the assurance that you’re confident in their skills and the veracity of their claims.
If you are unsure about the concept of leaking the details of your broker account then you could opt to post your trades, whether verified or not, via screenshots. Also included in Profit.ly are a variety of courses in trading as well as the ability to look at the stats of a trader’s account, and more ways to interact with your experts via chatrooms 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 trading personality who is well-known for his involvement in the penny-stock market. According to Investopedia the term “penny stock” is a small business’s stock that trades for just less than 5 cents per share. The penny stock market is an opportunity for small companies to move to a market that is larger as it allows them to access funds from the general public. But don’t make the mistake of thinking that it’s also an extremely risky activity, as Sykes will be able to tell you because of his decades of experience.
From his beginnings in his late years in the high schools, Tim Sykes has, since then, earned over $6 million of earnings through his lengthy career as trading professional. At the age of 25 Tim Sykes had received more exposure and a wider reach of influence when he became part of the reality show “Wall Street Warriors.” He then took advantage of it to create trading rooms, penny stock themes, and educational content geared toward people who are brand new to the trading field. He also helped to establish Profit.ly as a place 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 learning resources, trade alerts, as well as other useful information provided by the company’s internal gurus. Gurus are referred to experts in the field of trading who have made substantial amounts of money through their years of expertise. Tim Sykes Guide
At its peak, Profit.ly had housed up to five gurus, all of them a professional in their field of expertise in the field of trading. Some of the prominent experts were 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 and penny stock trader Tim Sykes and veteran smallcap swing trader Paul Scolardi, also known as Superman. With that taken into consideration, let’s take a look at the packaged offers each guru can offer.
From Tim Sykes Tim Sykes: Tim’s Alerts
Sykes offers basic stock trading services that focuses on penny-stock day trading via Tim’s Alerts. Costing $74.95 per month, you’ll be able to be able to see him concentrate on the basic stock catalysts and employ them to forecast the next move that is possible when making trades.
A single purchase in Tim’s Alerts will get you access to the chatroom and the mobile app available for iOS and Android devices, as well as email, text, and push alerts; and a daily stock watchlist.
from Tim Sykes: The Pennystocking Silver Package
Pennystocking Silver is the highest-quality, upgraded version of the Tim’s Alerts program. It costs $149.95 monthly, this is an ideal plan for those who are committed to investing in penny stocks. Pennystocking Silver comes with all the standard features of the previous plan, including swing trading alerts as well as unlimited access to a rich library of more than 7,000 instructional videos that are updated 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 tiny-cap massive stocks as well as wildly accurate marketing forecasts. In the time since the time he started trading, Superman has amassed over $5.5 million in all-time trading earnings. Tim Sykes Guide
The Superman Alerts package is his offer of the most essential features and trading alerts targeted towards those who might 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 app, the daily market updates 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 Superman Pro. Superman Pro package. In addition to the basic features featured in the Alerts plan, Superman Pro gives you daily video lessons, which include a growing library of all previous lessons. Additionally you’ll also have an access to high-quality research papers as well as an IPO and earnings tracker.
Profit.ly plans and costs
If you’re looking to join the world of online trading and make a mark on the market, Profit.ly has the right amount of resources to help you started. The platform has three membership levels that cater to traders with different levels. Let’s look at what the three are and how much they’ll cost you.
Novice Plan
The package called Novice is Profit.ly’s beginning-of-the-line plan specifically for those who are new to the trading world. When you sign to this plan you’ll be provided with a variety of powerful and indispensable trading tools, all of them integral in keeping your fingers on what we call a competitive process by itself.
Some of the features you can do using Profit.ly’s Novice program is the ability to verify the results of your trades and track profit as well as leading, following and even chatting with your fellow traders, as well as giving feedback on the trades of today. It also allows you to be on leaderboards; analyze the results of your analysis, sort, and filter your trades; and lastly, look at the statistics of other traders.
The Novice plan is $29.95 per monthly payment. Although it looks attractive simply because of the price however, there’s a drawback. You aren’t able to create a personal account, making your personal information public. If you’re interested in gain an account with this option, you should be watching for us to introduce to you Profit.ly’s new plan.
Trader Plan
The Trader package allows users to benefit from the majority of features available in the Novice plan. It is in this plan that you can set up an account that is private for sharing with fellow associates all your insights and knowledge you gain from the trading community.
The price is $49.95/month, Profit.ly’s Trader plan will do what the name implies catering to those who desire to develop their skills in trading. While it’s nice but there’s one important aspect that’s not included. As opposed to the prior Novice package, you won’t be able view other traders’ stats, which might be a drawback for those who are eager to try this new tier. Tim Sykes Guide
Pro Plan
The Professional plan can be described as the highest premium package that Profit.ly can offer to experienced traders. At $74.95 monthly, and an additional 22% discount when billed annually, this tier has it all. You get full, no-holds-barred access to all features of the previous plans.
You’re not only able to look at other people’s statistics and data, but you also have the opportunity to create a private profile. Both of these features, in addition to the advantages that you can utilize to the fullest potential. If you’re looking for an account that will give you everything you need as an experienced trader, the Pro level is ideal for you!
Profit.ly’s Other Services
In addition to the trainer tools and leadersboards Profit.ly provides a variety of other services they provide. One of them is the online store, which allows users to pick from a range of video products that are designed to educate and provide guidance on the nuances and pitfalls of trading. All of the products featured in this section of the website is available to be purchased immediately for personal use. Some of these include bestsellers such as”Trading Tickers,” the “Trading Tickers” series by trading specialist Tim Grittani, Timothy Sykes’s collection of DVDs and streaming-only content on short stocking, penny stocking, as well as all related to trading, videos and scenes from events like the Annual Pennystocking Conference, and products from other expert traders.
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The chat rooms that are integrated are also part of Profit.ly’s variety of features and services. You may be familiar with the concept of the chat room since you will see it on messaging and social platforms, as well as some specialty websites that offer live chat support. However, in Profit.ly it’s seen as a real-time space where experts and their members can interact and exchange knowledge in real-time. Every guru has their own style in operating their chat room and dealing with the listed members there. One might be more laid back and rarely engaged, while another could be more active and in touch to their pupils. Think of chatrooms as Profit.ly’s version of the forum in the essence.
Who is the Ideal trader to Profit.ly?
Profit.ly’s wide range of products and features caters to an array of stock traders, from beginners to experienced pros. Given the wide range of options it can provide this platform definitely has something for every person.
For instance, newbies can take advantage of Profit.ly’s library of learning information available on the platform. Not only will they get daily videos and chat room tips by its internal gurus and their members. They’ll also be able choose from the items on its store online to carry with them wherever they be. You can also get hands-on experiences from trading within the platform, however, they will soon learn that trading is a high-stakes game that shouldn’t be treated as an opportunity to make fun of.
For those traders who have had years of exposure down the line, we see Profit.ly equally suitable to them as those who are just starting. While novice traders may not be as adept at handling trading matters however, experienced traders know the way it functions and the stack full of risks that come with it. It is ideal to utilize Profit.ly’s array of options to their maximum advantage to improve their trading skills. Like beginners, they can learn from the top experts and experts and utilize those short tips and tricks throughout the process.
Profit.ly’s “all-in” approach isn’t limited to novices or semi-experienced trader. Certified experts can also take part in the fun! Those in the trading 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 Guide
Profit.ly’s Pros and Pros and
The Pros
- Profit.ly’s many capabilities as a ‘one-stop’ stock trading platform allows traders across the globe with tons of learning communications, trading, and communication tools
- You get to be provided with excellent lessons and advice from the company’s in-house gurus, including collections of educational videos as well as trading in real-time.
- You’re guaranteed transparency throughout Profit.ly with precise analytics as well as other traders who are ready to reach you out if something occurs.
- The leaderboard feature on the platform gives you a way to build your reputation as a reliable and authentic trader
- Apart from its main features, Profit.ly also gives its customers extra options that can be tailored to their individual preferences, for instance, posting unverifiable trades through images
- Profit.ly’s wide array of subscription plans and guru packages are priced at a reasonable cost There is truly something for all
The Cons
- Profit.ly’s numerous packages and products offered may seem overwhelming for the majority of its customers
- As traders may opt to open any kind of trade, there’s a possibility that some of them could profit from selecting the best trades in order to increase the rating this could be a problem that shouldn’t be ignored.
- Profit.ly does not accept refunds as its premium users will immediately benefit from the many services the platform has to offer
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The Final Verdict is: Is Profit.ly Valued?
If we were able to come up with the answer, it would be an affirmative “yes”. But it is important to realize that it shouldn’t be treated as a scheme to get rich quick. The platform wasn’t originally designed to be used in this way. Instead, you should have curiosity. Tim Sykes Guide
What we do mean”yes” is it could be a useful learning tool. People who are stuck may be able to find Profit.ly’s array of resources helpful in their efforts to avoid loss and perform better than they did before. Not only struggling traders that will benefit from this platform. It is able to accommodate novices and even experts!
So, if you genuinely want to become a better trader and want to learn from your peers and experts on the way, take a look at Profit.ly. Profit.ly could be a good choice to start.
FAQ Tim Sykes Guide
How do you use Profit.ly to publish your trades?
Profit.ly has the option of allowing trade entries in the My Trade category on the dashboard. It lets you post your trades that are verified or otherwise. You may choose between three choices:
- Linking your account with your broker of choice and import transactions directly through there
- Manually inputting your trades with provided spaces and specifics
- Send a screen shot of your trades
How do I know whether the trade can be verified or not?
If you buy your trade from a reputable brokerage, there’s the likelihood that it can be verified. 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 possibility of getting downvotes from your fellow peers. A large number of downvotes could cause you to be listed on the Madoff leaderboard, where people can see who’s untruthful in submitting trades.
Is the Profit.ly mobile app still available?
As of the moment, Profit.ly is still available to download via the Apple App Store as well as the Google Play store. The mobile version of the app is compatible with the majority of functioning tablets and smartphones.
How many people are connected to Profit.ly?
Profit.ly is currently home to over 150,000 investors and traders, because they are not just looking to earn maximum profits but also assist each other to grow and learn more about acquiring stock market opportunities all over the world.
