The stock market can be an extremely risky game. On certain days, you could be reaping the benefits of positive and satisfying numbers. On other days, however it could be the reverse and it could be extremely difficult to return to the point you were at your best. If you’re immersed in the water, you will have to recognize that relying on pure instinct and preservation may not always be enough.
If you’ve experienced loss from time to time and you’re likely to require reliable advice from tested and tried trading experts. Additionally, you’ll require a significant boost from your colleagues in the market from all over the globe, which is why we’ve discovered an option that can help you to improve your performance in the market. We’ll take an in-depth 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. Do check out our article below, however, because it has a comprehensive overview of Profit.ly.
Total Rating: 4.1/5 Tim Sykes Less Than Zero
Users Experience 4.5/5
Profit.ly offers an internet-based trading service that allows traders of all levels to be informed responsible, transparent, and uplifting with one another through its wide array of tools and features including trade verification, chat rooms as well as an extensive library of educational content.
How do I define Profit.ly?
Profit.ly is a trading website which serves as a learning and training platform for traders who are just beginning their journey and also as a platform for traders who are experienced to monitor their performance using the aid of cutting-edge analytics tools. Offering users a broad range of resources for trade and communication that help traders from all walks of life network with each other. It also allows gurus to make worthwhile investments within the confines that the site. Consider it the social media equivalent to Facebook and Reddit, but for professionals and traders.
Profit.ly independently validates trade performance and then publishes the information of them in the manner of leaderboards. The trading platform is built on trust and transparency. it makes sure that trades are authentic and won’t tolerate inauthenticity as much as 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 interview with Forbes publication, Sykes said that Profit.ly was driven by its focus “on the transparency of the entire spectrum of trades, something which has never been done before.” The concept, he added, served two goals: 1.) making public records for all traders, not just the gurus and students and newsletter writers and secondly) making it possible for everyone on the platform to gain insight into the losses and wins to the benefit of the trading industry. Tim Sykes Less Than Zero
How Does It How Does It
Profit.ly utilizes a subscription model that lets stock traders have access to a range of tools and services that are geared toward success. You can create an account on the site for free, but 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 and see what stocks the experts are trading in real-time You’ll need to join one of Profit.ly’s offerings, which we will go over shortly.
Setting up an account is simple: Create an account with your experience and expertise, connect to your brokerage account and you have yourself an opportunity to make your way up to at the very top of the list. Profit.ly’s leaderboard feature, as previously mentioned it is designed to provide its users a glimpse of the performance of the trading community and its experts. It’s not only a chance to prove value to a group of traders, as you are also able to use Profit.ly to shop with a guru, and have the assurance that you’re confident of their knowledge and the credibility of their claims.
If you are unsure about the concept of leaking the details of your broker account you can opt to post your trades, whether verified or not, via screenshots. In Profit.ly are the vast number of trading classes as well as the ability to look at stats in a trader’s profile as well as other ways to connect with your gurus in the chatroom, in addition to text and e-mail alerts and updates.
Meet Tim Sykes, the founder: Tim Sykes
Timothy Sykes is a well-renowned day trading personality who is well-known for his efforts in the penny-stock market. According to Investopedia, a penny stock refers to a small-sized company’s stock that trades for just less than 5 cents per share. The penny stock market is a stepping stone for small companies to move into a larger market because it gives them access to funds 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 expertise.
Beginning at the end of his time in the high schools, Tim Sykes has, since then, made over $6 million of profit throughout his illustrious career as trading professional. At the age of 25 Tim Sykes had received greater exposure and an even wider impact as a participant in the reality TV show “Wall Street Warriors.” Then, he took advantage of it to develop trading rooms and penny stock themes and educational material aimed at people who are brand new to the trading field. He also played a role in establishing Profit.ly as a platform for transparency, and for the community to lift each other up and compete with each other through the platform.
The Profit.ly Gurus
One of Profit.ly’s amazing features is the wide range of educational resources, trade alerts, and other helpful stuff provided by the company’s internal gurus. The gurus in question refer to experts in the field of trading who have proven to make substantial amounts of money through their years of knowledge. Tim Sykes Less Than Zero
At its peak, Profit.ly had housed up to five gurus, all 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 a few others. At the time of writing, there are only two gurus who remain on this platform: the founder of the penny stock market Tim Sykes and veteran smallcap swing trader Paul Scolardi, also known as Superman. In light of that we’ll take a look at what packaged deals each guru can offer.
From Tim Sykes Tim Sykes: Tim’s Alerts
Sykes provides basic stock trading services with the main priority being penny stock day trading through Tim’s Alerts. The cost is $74.95 monthly, you’ll observe him focus on basic stock catalysts and employ them to anticipate the next moves that could occur when making trades.
A standalone purchase of Tim’s Alerts will get you access to the chatroom as well as the mobile app available for iOS as well as Android devices, as well as text, e-mail, 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 a great option for those who are involved in penny stock trading. Pennystocking Silver includes all the basic features that were included in the previous plan, including alerts for swing trading and access to a rich library of over 7,000 educational videos and new videos released weekly.
From “Superman” Paul Scolardi: Superman Alerts
Scolardi who goes under the name “Superman,” is a swing trading professional with an eye for both small-cap monumental stocks and crazy-accurate marketing forecasts. In the time since when he first started trading, Superman has amassed over $5.5 million in all-time trading profits. Tim Sykes Less Than Zero
The Superman Alerts package is his package of vital features and trading alerts geared towards those who might be interested. For $147 per month, you’ll gain access to the daily stock watchlist that is premarket and the mobile app, daily market updates in real-time, and email and SMS alerts.
From “Superman” Paul Scolardi: Superman Pro
For the price of $247, you receive additional features, plus access to the extensive knowledge base of information provided by Superman himself through his Superman Pro package. Alongside the standard features featured in the Alerts package, Superman Pro gives you daily video lessons, which include a growing library of all previous lessons. In addition you’ll also gain access to premium research reports as well as the IPO or earnings monitor.
Profit.ly plans and costs
If you’re eager to join the world of online trading and leave your mark on the field, Profit.ly has the right amount of resources to get you going. The platform offers three membership tiers, each designed for traders with different levels. Let’s take a look at what these three levels are and what they will cost you.
The package called Novice is Profit.ly’s entry-level plan designed especially for those who are new to the trading world. As you sign to this plan, you will be immediately offered a range of strong and essential trading tools, each of them integral in keeping your fingers on what could call a ruthless procedure in its own.
The list of features you can do with Profit.ly’s Novice program is the ability to confirm 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. You can also get onto leaderboards; study your trades, sort as well as filter trades and, finally, see the statistics of other traders.
The Novice plan costs $29.95 per month. While it may look attractive just by the price but there’s a disadvantage. You aren’t able to create a personal profile, which makes your activities publicly available. If you’re interested in have the benefit of this service, keep an eye on us as we present to you Profit.ly’s next plan.
The Trader package allows you to use the majority of features available in The Novice package. It is in this plan that you can create an individual profile that allows you to share with other associates all your insights and intel in this trading group.
The price is $49.95/month, Profit.ly’s Trader plan will do what the name implies catering for those looking to improve their expertise in trading. Although it’s a nice thing, there is one significant element that’s missing. Unlike the previous Novice package, you will not be able to see other traders’ stats this could be a problem for some who may be eager to try this new tier. Tim Sykes Less Than Zero
This is by far the most expensive plan Profit.ly could offer for seasoned traders. At $74.95 monthly, with an additional 22% discount when billed annually This plan offers it all. It gives you full, unlimited 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 chance to create an individual profile. Both of these options, plus the other benefits that you can use to their fullest capacity. If you’re in search of a plan that can serve all the features you need to be an experienced trader, the Pro tier could be the right choice for you!
Profit.ly’s Other Services
In addition to the tools for training and leadersboards Profit.ly provides a variety of other services they provide. One of them is the online store, which lets users pick from a range of video products created to guide you through the nuances and pitfalls of trading. All of the products featured on this page of the website is available to be immediately purchased for personal use. These include best-selling products such as”Trading Tickers, “Trading Tickers” series by trader specialist Tim Grittani, Timothy Sykes’s library of DVDs and streaming-only content about penny stocking, short stocking, and all other aspects of trading. There are also clips and footage taken from events like the Annual Pennystocking Conference, and products from other expert traders.
Chat rooms integrated into Profit.ly are included in Profit.ly’s range of features and services. You’re probably familiar with the concept of the chat room as you can see it across messaging and social platforms, as well as some specialty websites that provide live chat support. However, in Profit.ly, it is seen as a real-time area where experts and members trade 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. One of them may be a laid-back person who is less active, while another may be more online and communicative in their interactions with students. Consider chat rooms as Profit.ly’s version of a forum, in essence.
Who is the ideal trader to Profit.ly?
Profit.ly’s diverse range of products and features are geared towards a large variety of stock trader types, from novices to the most experienced. Considering the number of offers it can provide it is certain to have something for all.
Newbies, for instance, will enjoy Profit.ly’s collection of educational materials available across the platform. In addition, they will get daily videos and chat room tips by its internal gurus as well as their members. They’ll also be able to choose from the items from its online store to carry with them wherever they may travel. Additionally, they can gain practical experience trading on the platform, however they’ll realize that the process is a high-stakes game that shouldn’t be treated as an opportunity to make fun of.
For the traders with years of exposure down the road, we consider Profit.ly equally suited for them as it is for those who are just starting. Although the novices might not be as proficient in handling trading matters but the experts already know the way it functions and the risky mix that come with it. It is ideal to use Profit.ly’s range of features to their full advantage to improve their trading skills. Like beginners, they can learn from the experts as well as experts, and take advantage of simple tips and hints to help them along.
Profit.ly’s ‘all-together’ nature 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 on similar levels to Superman or Tim Sykes can also use up Profit.ly’s abilities to show off their skill to others in order to guide them through the ever-illustrious trading process. Tim Sykes Less Than Zero
Profit.ly’s Pros and Pros and
- Profit.ly’s numerous capabilities as a ‘one-stop’ stock trading platform enable it to provide traders everywhere with tons of learning tools, communication, and trading tools
- You get to be taught by experts and insights from its inside experts, as well as libraries of educational videos and trading in real-time.
- You can be sure of complete transparency through Profit.ly by using accurate data as well as fellow traders that are waiting to reach you out whenever something happens
- The platform’s leaderboard feature gives you a way to build your reputation as a reliable and authentic trader
- In addition to its primary capabilities, Profit.ly also gives its users extra options to suit their needs, like posting trades that are not authentic by taking screenshots
- Profit.ly’s wide array of subscription plans and guru packages are priced at a reasonable cost There is truly something for all
- Profit.ly’s abundance of products and packages offered might seem overwhelming for the majority of its customers
- If traders decide to open any kind of trade, there’s an opportunity that some them may take advantage by cherry-picking the best trades to boost their rating this could be a concern that should not be overlooked.
- Profit.ly does not offer refunds as its premium users will immediately benefit from the many services that the platform can provide
The Final Verdict: Is Profit.ly Worth It?
If we could think of an appropriate answer for this query, it’s yes. But it is important to realize that the platform should not be used as a quick-fix scheme to make money. It wasn’t designed to be used in this way. Instead, it is best to keep the ability to think with an open heart. Tim Sykes Less Than Zero
What we are referring to”yes” is it can be a great learning tool. Those who may be stuck could discover Profit.ly’s array of resources to be helpful as they do their best to incur lesser losses and be more successful than they did before. It’s not only the poor traders that can profit from the platform. It will be able to accommodate beginners as well as even experts in the field!
So, if you genuinely desire to be a better trader and want to be taught by your fellows and gurus throughout the process, then take a look at Profit.ly. Profit.ly may be a great alternative to start.
FAQ Tim Sykes Less Than Zero
How can you make use of Profit.ly to publish your trades?
Profit.ly offers an entry section for trades within the My Trade section of the dashboard. It lets you record your trades, verifiable or not. You may choose between three options:
- Linking your account with your brokerage of choice and then importing transactions directly through there
- Manually inputting your trades with the spaces provided and details
- Send a screen shot of your trades
How do I know whether the trade is authentic or not?
If you buy your trade from a reputable brokerage, there’s the chance that it is verifiable. This is shown by the blue check mark. If you upload the information manually or via images, it will be classified as unverified.
The disadvantage of an unauthentic trade is the possibility of getting downvotes from your colleagues. If you receive too many negative votes, it could cause you to be listed on the Madoff leaderboard, which is where the public are able to identify who is fraudulent in posting trades.
Is the Profit.ly mobile application still available?
As of this writing, Profit.ly is still available to download from the Apple App Store and in the Google Play store. The mobile version of the app is compatible with the majority of functioning tablets and smartphones.
How many people are using Profit.ly?
Profit.ly is currently home to over 150,000 investors and traders, as they not only are trying to maximize profits but also assist each other to grow and learn more about acquiring stock market opportunities both right and left.