Stock trading can be a high-stakes game. On certain days, you could enjoy the benefits of positive and satisfying numbers. On other days, however, the opposite may happen and it could be extremely difficult to return to the point you were at your best. If you find yourself immersed in the water it is important be aware that relying solely on instinct and survival may not always be enough.
If you’ve suffered occasional losses, you’re gonna be needing sound advice from tried-and-tested trading experts. Also, you’ll need an important boost from colleagues in the market from all over the world, which is why we’ve identified an option that can help you in your growth in the market. This review will take an in-depth look at Profit.ly is a well-known single-stop social platform to trade!
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 Lamborghini
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 various levels to be informative responsible, transparent, and uplifting with each other by offering a wide array of tools and features such as chat rooms, trade verification, and an enriched library of educational content.
What is Profit.ly?
Profit.ly is a trading website that functions as a learning and training platform for traders new to trading as well as a place for traders with experience to keep track of their performance with the help of sophisticated analytics tools. It provides users with a vast array of options to facilitate trade and communication and letting traders from all walks of life connect with one another. It offers gurus with worthwhile investments within the confines that the site. Imagine it as an online social media platform similar to Facebook and Reddit however it is geared towards experts and traders.
Profit.ly independently checks the performance of trades and then publishes the information from them in the style of leaderboards. The trading platform is built on honesty and transparency: it makes sure that transactions are legitimate and will not tolerate inauthenticity as much as possible. It was created years ago by the penny expert in stock trading and investment guru Timothy Sykes, along with fellow expert Michael Mosseri.
In an appearance in Forbes magazine Sykes declared that Profit.ly was motivated by its focus “on showing every trade, something that has never been done before.” This idea, he added, served two purposes: 1) creating public track records for everyone, not just the experts and students and newsletter writers and secondly) allowing anyone on the platform to gain insight into both losses and wins for the trading industry’s benefit. Tim Sykes Lamborghini
How Does It Perform?
Profit.ly is a subscription-based platform which allows stock traders to have access to a range of tools and services that are geared at achieving achievement. It is possible to create an account there for free, but you’re limited to access to the leaderboard and observe the activities of non-gurus. If you’re interested in investing your money to see what stocks the experts are trading in real-time, you will need to join one of Profit.ly’s offers, which we will go over shortly.
Making an account easy: create an account with your experience and skills, join to your brokerage account and you have yourself a chance to shoot your way up to high on the leaderboard. Profit.ly’s Leaderboard function, which was mentioned previously, is designed to give its users a look at their performance as a trading group as well as its experts. You’re not just allowed to demonstrate that you’re worthy to the group of traders, but you can also use Profit.ly to buy with a professional with the assurance that you’re confident in their skills and the credibility of their claims.
If you’re not comfortable with the concept of leaking the details of your broker account you can choose to publish your trades, either verified or not, via photographs. Also included in Profit.ly are a variety of trading courses as well as the ability to look at statistics on a person’s profile as well as other ways to connect with your gurus via chatrooms in addition to 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 personality who is well-known for delving his hands into the penny-stock market. According to Investopedia, a penny stock is a small business’s stock which trades at under $5 for each share. The trading of penny stocks could be viewed as an avenue for small businesses to transition into a larger market because it allows them to access capital from the public. But don’t make the mistake of thinking that it can also be an extremely risky game, as Sykes will be able to tell you thanks to his years of experience.
Beginning in the latter years of high school, Tim Sykes has, since then, made more than $6 million in profits throughout his illustrious career as trading professional. When he was 25 years old Tim Sykes had received greater exposure and a larger influence over time when he became part of the reality TV show “Wall Street Warriors.” He then took advantage of it to develop trading rooms, penny stock themes, and educational material aimed at those who are just beginning to learn about the trading field. He also helped to establish Profit.ly as a platform for openness, and to allow the community to rise and compete through the platform.
The Profit.ly Gurus
One of Profit.ly’s most appealing features is the vast array of education resources, trade alerts, and other useful stuff offered by the company’s internal gurus. Gurus are referred to the trading experts who have made substantial amounts of money from their combined years of experience. Tim Sykes Lamborghini
At its peak, Profit.ly had housed up to five gurus, all of them a pro in their niche in the trading industry. Some of the most famous 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: the 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 we’ll take a look at what packaged deals each guru can offer.
From Tim Sykes Tim Sykes
Sykes offers basic stock trading services with the main priority being penny stock day trading through Tim’s Alerts. At $74.95 monthly, you’ll be able to observe him focus on fundamental stock catalysts and use them to anticipate the next moves that could occur when trading.
A standalone purchase of Tim’s Alerts will get you access to the chatroom, as well as the mobile app available on iOS as well as Android devices, texts, emails and push alerts; as well as a daily watchlist of stocks.
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 an ideal plan for those who are more invested in the penny-stock market. Pennystocking Silver comes with all the standard features of earlier plans including swing trading alerts as well as unlimited access to an extensive library of over 7,000 educational videos and new videos released weekly.
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From “Superman” Paul Scolardi: Superman Alerts
Scolardi, who goes by the name “Superman,” is a professional in swing trading with an eye for tiny-cap massive stocks as well as wildly accurate marketing forecasts. Since the time he started trading, Superman has amassed over $5.5 million in all-time trading profits. Tim Sykes Lamborghini
The Superman Alerts plan is his offering of essential features and alerts on trading geared to those interested. For $147 per month, you’ll gain an access to the day-to-day stock watchlist that is premarket as well as the mobile app, the daily market commentary shown in real-time, as well as SMS and e-mail alerts.
The film “Superman” Paul Scolardi: Superman Pro
At $247/month, you get additional features and access to a knowledgeable base that is provided by Superman himself, via Superman Pro. Superman Pro package. On top of the essentials featured in the Alerts package, 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 as well as an IPO or earnings monitor.
Profit.ly Programs and Costs
If you’re eager to join the online trading community and leave your mark on the market, Profit.ly has the right amount of tools to get you up and running. The platform offers three membership tiers that are designed to accommodate traders with different levels. Let’s look at what the three are and how much they will cost you.
Novice Plan
The package called Novice 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 to this plan, you will be immediately given a slew of robust and essential trading tools, each one of them essential in keeping your fingers on what we call a competitive process by itself.
Among the list of things you can do using Profit.ly’s Novice program is the ability to verify the results of your trades and track profit; leading, following, and even messaging your fellow traders; and giving feedback on the trades of today. You can also get on leaderboards; analyze your trades, sort and filter your trades; and, lastly, view other people’s statistics.
The Novice plan is $29.95 per monthly payment. Although it might look appealing for the price alone however, there’s a drawback. You can’t create a private profile, which makes your personal information public. If you’re looking to gain access to this feature, you should be watching for us to introduce to you Profit.ly’s next plan.
Trader Plan
The Trader package lets users to benefit from a majority of features from The Novice package. In this plan, that you are able to create an account that is private to share with fellow associates all your insights and information you have gained from trader’s community.
The price is $49.95/month, Profit.ly’s Trader plan is exactly what it says catering for those looking to harness their expertise in trading. Although it’s a nice thing but there’s one important feature that is missing. As opposed to the prior Novice package, you will not be able to view other traders’ statistics this could be a disadvantage for those anticipating this level. Tim Sykes Lamborghini
Pro Plan
The Professional plan can be described as the highest luxurious package Profit.ly could offer for seasoned traders. At $74.95 each month which includes a 22% discount when billed annually, this tier has everything. It gives you full, unlimited access to all features of the previous plans.
Not only do you get to view other people’s stats as well, you’re also offered the option of creating a private profile. Both of these features, plus the other advantages that you can utilize to the maximum extent. If you’re looking for a plan that can serve you with everything you require as a skilled trader, maybe the Pro plan is for you!
Profit.ly’s Other Services
In addition to the tools for training and leadersboards Profit.ly offers a number of more services it has to offer. One of these is its online store, where customers can pick from a range of instructional videos that are designed to inform 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 bought immediately for your personal use. These include best-selling products such as”Trading Tickers, “Trading Tickers” series by trading specialist Tim Grittani, Timothy Sykes’s library of DVDs and streaming-only content about short stocking, penny stocking, and all other aspects of trading. There are also clips and scenes taken from events like the Annual Pennystocking Conference, and products from other expert traders.
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Chat rooms integrated into Profit.ly are as well part of Profit.ly’s array of services and features. You’re probably familiar with the concept of chat rooms since you can see it across social and messaging platforms and also on a few specialty websites that offer live chat assistance. However, in Profit.ly, it is seen as a area where experts and members can interact and learn in real time. Each guru has their style in operating their chat room and dealing with the listed members. One might be more laid back and rarely active, while another may be more online and communicative in their interactions with students. Think of the chat rooms like Profit.ly’s version of the forum, in the essence.
Who is the Ideal trader to Profit.ly?
Profit.ly’s diverse range of products and features caters to a large variety of stock trader types, from novices to the most experienced. With the variety of deals it can provide this platform definitely has something for everyone.
Newbies, for instance, can take advantage of Profit.ly’s collection of educational information available on the platform. Not only will they be enriched with weekly videos and chat room advice from the in-house experts and their members. They’ll also be able to pick from the merchandise available on its store online for them to take wherever they may be. You can also get hands-on experience trading on the platform, but eventually they’ll realize that this is a risky game that should not be viewed as a joke.
For traders who have years of exposure down the line, we believe Profit.ly equally suited to people who are just beginning. Although the novices might not be as proficient in dealing with trading issues however, experienced traders know how it works and the risky mix that come with it. Ideally, they may make use of Profit.ly’s variety of features to their full advantage to enhance their trading skills. As beginners, they are able to study from the gurus and experts , and use those quick tips and tidbits throughout the process.
Profit.ly’s “all-inclusive” nature doesn’t just apply to newbies and semi-experienced traders. Certified experts can also take part in the enjoyment! Trade professionals who are at an equal level with Superman as well as Tim Sykes can also use up Profit.ly’s capabilities to showcase their expertise to other traders as a way to guide them through the ever-illustrious trading process. Tim Sykes Lamborghini
Profit.ly’s Pros and Cons
The Pros
- Profit.ly’s diverse capabilities as a ‘one-stop’ platform for trading stocks allows traders across the globe with an abundance of knowledge communications, trading, and communication tools
- You will receive excellent training and insights from its in-house gurus, including libraries of educational videos and real-time trading activities
- You can be sure of complete transparency through Profit.ly with precise analytics as well as fellow traders who are ready to reach you out whenever something happens
- The platform’s leaderboard feature gives you the opportunity to increase your credibility as a trustworthy and authentic trader
- Apart from its core capabilities, Profit.ly also gives its users extra options to suit their individual preferences, for instance, posting unauthentic trades via photographs
- Profit.ly’s wide array of packages and subscription levels are priced at a reasonable cost – there truly is something for everyone
The Cons
- Profit.ly’s abundance of products and packages offered might be too much for the majority of its customers
- If traders decide to post any kind of trade, there is an opportunity that some them will profit by cherry-picking the best trades to improve their ratings – this may be a concern that should not be simply overlooked
- Profit.ly does not accept refunds because the premium customers are expected to instantly benefit from the number of services the platform has to offer
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The Final Verdict The Final Verdict: Is Profit.ly worth it?
If we could come up with an appropriate answer for this query, it would be yes. But it is important to realize that it shouldn’t be treated as a scheme to get rich quick. The platform was not always intended to be created to achieve this goal. Instead, it is best to keep an open mind. Tim Sykes Lamborghini
What we do mean”yes” is that it could be a useful learning tool. Those who may be stuck might find Profit.ly’s variety of resources useful when they try their best to avoid losses and be more successful than they did before. It’s not just the struggling traders who will benefit from this platform. It will be able to accommodate beginners as well as even experts!
If you really care about being better at trading and wish to be taught by your peers and experts along the way, then take a look at Profit.ly. Profit.ly may be a great option to begin.
FAQ Tim Sykes Lamborghini
How do you use Profit.ly to post your trades?
Profit.ly offers the option of allowing trade entries within the “My Trade’ category of the dashboard. It allows you to post your trades, verifiable or otherwise. There are three options:
- Linking your account with your brokerage of choice and importing trades directly from there
- Manually entering your trades into specified spaces and information.
- Take a photo of your transactions
What can I do to determine whether the trade can be verified or not?
If you buy your trade through a reliable brokerage, there is an excellent chance that it is verifiable. This is indicated with the blue check mark. If you post it manually or through images, it will be classified as unverified.
The downside of having an unauthentic trade is the possibility of receiving negative feedback from friends and colleagues. If you receive too many negative votes, it could cause you to show up on the Madoff leaderboard, where people can see who’s fraudulent in posting trades.
Are the Profit.ly mobile app still available?
As of this writing, Profit.ly is still available to download from the App Store for Apple and in the Google Play store. The mobile app version is compatible with most functioning tablets and smartphones.
How many are on Profit.ly?
Profit.ly is currently home to over 150,000 investors and traders, because they are not just trying to maximize profits but also assist each other to develop and grow in their ability to take advantage of stock market opportunities left and right.
