Stock trading is an exciting game with high stakes. Some days, you might be reaping the benefits of positive and satisfactory numbers. On other days, the opposite may happen and it can be very difficult to return to where you were at your peak. If you’re always in the mud You will need to recognize that relying on instinct and survival might not be enough.
If you’ve suffered losses from time to time, you’re gonna be needing sound advice from tried-and-tested trading experts. You’re also gonna need a significant boost from your fellow traders from around the globe. That’s why we’ve discovered an online platform that will help you in your improvement within the field. We’ll be taking a look at Profit.ly A well-respected 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. Do check out our article below, however, because it has a comprehensive overview of Profit.ly.
Total Rating: 4.1/5 Tim Sykes Live Trading
Value: 4.1/5
Quality: 4.1/5
Costs: 4.1/5
The User’s Experience 4.5/5
Summary
Profit.ly offers an internet-based trading service that allows traders of different levels to be informed and accountable, as well as transparent and to build relationships with each other by offering a wide array of tools and features such as trade verification, chat rooms and a rich library of educational content.
What exactly is Profit.ly?
Profit.ly is a site for trading which serves as a training and learning platform for people who are starting out and as a hub for traders with experience to keep track of their performance with the help of sophisticated analytics tools. Offering users a broad range of resources for communication and trade, it helps traders from all walks of life connect with each other. It offers gurus with worthwhile investments within the confines that the site. Imagine it as an online social media platform similar the likes of Facebook and Reddit, but for experts and traders.
Profit.ly independently checks the performance of trades and publishes all data of them in the manner of leaderboards. The platform for trading is built on transparency and honesty: it makes sure that trades are valid and won’t tolerate inauthenticity as much as it is possible. It was founded in the past by penny expert in stock trading and investment expert Timothy Sykes, along with his colleague Michael Mosseri.
One time , during an interview with Forbes magazine Sykes declared that Profit.ly was based “on the transparency of the entire spectrum of trades, something which was never previously done.” The idea, he added, served two goals: 1.) making public records for not just the gurus as well as newsletter writers and students as well as) allowing anyone on the platform to be enlightened by the losses and wins for the trading industry’s benefit. Tim Sykes Live Trading
How Does It Perform?
Profit.ly is a subscription-based platform that allows stock traders to benefit from a variety of tools and services that are geared toward achievement. You may set up an account on the site at no cost, however you’re limited to the ability to navigate through the leaderboards and monitor the activities of non-gurus. If you’re interested in investing 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.
Setting up an account is simple: Create a profile with your experiences and skills, join to your brokerage account and you’ll have an opportunity to make 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 an insight into the performance of the trading community as well as its gurus. It’s not just a way to show that you’re worthy to the group of traders, but you are also able to use Profit.ly to purchase with a professional with the assurance that you’re confident in their skills and the legitimacy of their claims.
If you’re not comfortable with the idea of sharing the details of your broker account then you could choose to publish your trades, either verified or not, via pictures. Included in Profit.ly are a variety of courses in trading as well as the ability to look at stats in a trader’s profile and other methods to interact with your experts through the chatroom along with email and text alerts as well as updates.
> > Click Here to Check Out Profit.ly < <
Meet the Founder: Tim Sykes
Timothy Sykes is a well-renowned day trading guru who has been famously known for his efforts in the penny-stock market. According to Investopedia Penny stock is a small business’s shares that trade for just less than 5 cents per share. The penny stock market can be seen as a stepping stone for small-scale businesses to make the transition to a market that is larger as it gives them access to funds from the public. But don’t be mistaken – it’s also an extremely risky game, as Sykes is sure to reveal because of his decades of expertise.
From his beginnings in his late years in the high schools, Tim Sykes has, since then, earned more than $6 million in earnings through his lengthy career as trader. At the age of 25, he had been given greater exposure and an even wider reach of influence when he became part of the reality show “Wall Street Warriors.” Then, he took advantage of it to establish trading rooms and penny stock themes and educational material aimed at those who are new to trading. He also helped to establish Profit.ly as a place of transparency, and to allow the community to rise and compete against each other through the platform.
The Profit.ly Gurus
One of Profit.ly’s amazing features is the wide range of educational sources, trade alerts and other helpful stuff provided by the platform’s in-house gurus. Gurus are referred to experts in the field of trading who have proven to make significant amounts of profit from their collective years of knowledge. Tim Sykes Live Trading
At its height, Profit.ly had housed up to five gurus, each of them a pro in their niche within the world of trading. Some of the most prominent experts included Connor Bruggermann, Nathan Michaud of Investors Underground, and Triforce as well as a handful of others. As of this writing, only two gurus remain on the platform: the founder of the penny stock market 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’s Alerts
Sykes offers basic stock trading services that focuses on penny-stock day trading via Tim’s Alerts. Costing $74.95 for a month you will see him focus on the basic stock catalysts and employ them to anticipate the next possible moves in trading.
A single purchase from Tim’s Alerts will get you access to the chatroom and the mobile application that is available on iOS and Android devices; email, text, and push alerts; as well as a daily watchlist of stocks.
from Tim Sykes: The Pennystocking Silver Package
Pennystocking Silver is the premium version that has been upgraded of the Tim’s Alerts program. At $149.95 per month, it is the perfect plan for those who are committed to penny stock trading. Pennystocking Silver includes all the basic features of prior plans, including swing trading alerts and unlimited access to a rich library of over 7,000 educational videos that are updated weekly.
> > Click Here to Check Out Profit.ly < <
In “Superman” Paul Scolardi: Superman Alerts
Scolardi who goes under the alias “Superman,” is a trader who has an eye for tiny-cap massive stocks as well as wildly accurate marketing forecasts. Through the years since when he first started trading, Superman has amassed over $5.5 million in all-time trading earnings. Tim Sykes Live Trading
The Superman Alerts package is his offer of the most essential features and trading alerts targeted to those interested. For just $147 per month, you’ll have access to the daily stock watchlist that is premarket along with the mobile app, daily market updates in real-time, and E-mail and SMS alerts.
In “Superman” Paul Scolardi: Superman Pro
At $247/month, you get additional features, as well as access to an extensive base of knowledge that is provided by Superman himself, via the Superman Pro package. On top of the essentials that are included in the Alerts plan, Superman Pro gives you weekly video lessonsthat include a growing library of all previous lessons. Additionally you’ll also have the ability to access premium reports on research and an IPO and earnings tracker.
Profit.ly Plans and Costs
If you’re ready to join the world of online trading and make a mark on the industry, Profit.ly has the right amount of resources to help you going. The platform offers three membership levels that are designed to accommodate traders with different levels. Let’s break down what these three tiers are and how much they’ll 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 world of trading. When you sign up for this package you’ll be given a slew of robust and vital trading tools, each one of them essential in keeping your fingers on what can describe as a cutthroat procedure in its own.
Among the list of things you can do with Profit.ly’s Novice package is the ability to verify trades and track profits 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 on leaderboards, analyze, sort, and filter your trades; and, finally, see other’s stats.
The Novice plan is $29.95 per month. While it may look attractive simply because of the price but there’s a disadvantage. You aren’t able to create a personal profile, thus making your personal information public. If you’re looking to get an account with this option, keep an eye on us as we present to you Profit.ly’s next plan.
Trader Plan
The Trader plan allows you to use many of the features of The Novice package. This plan allows that you can create an individual profile that allows you for sharing with fellow associate users all your knowledge 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: Cater people who want to improve their expertise in trading. As nice as it seems but there’s one important element that’s missing. In contrast to the Novice package, you won’t be able to see other traders’ statistics, which could be a disadvantage for some who may be looking forward to this tier. Tim Sykes Live Trading
Pro Plan
The Professional plan can be described as the most luxurious package Profit.ly could offer for seasoned traders. It costs $74.95 per month, with a 22% discount for annual billing, this tier has everything. You will have full, unrestricted access to all the features from the two prior plans.
You’re not only able to look at other people’s statistics, but you’re also given the option of creating an individual profile. Both of these features, on top of all the advantages that you can utilize to the fullest potential. If you’re in search of an option that gives you with everything you require as an experienced trader, the Pro tier could be ideal for you!
Profit.ly’s Other Services
In addition to the trainer tools and leaderboards, Profit.ly provides a variety of other services they offer. One of them is the online store, which lets users choose from a wide array of videos created to guide you through the ins and outs of trading. Each of the offerings listed in this section of the website is available to be bought immediately for your personal use. Some of these include bestsellers like”Trading Tickers, “Trading Tickers” series by trading specialist Tim Grittani, Timothy Sykes’s library of DVDs and streaming-only content on short stocking, penny stocking, and all other things trading-related, clips and clips of the Annual Pennystocking Conference, and products from other expert traders.
> > Click Here to Check Out Profit.ly < <
Chat rooms integrated into Profit.ly are as well part of Profit.ly’s array of features and services. You may be familiar with the chat room since you can see it across messaging and social platforms, in addition to a few special websites that provide live chat support. But in Profit.ly it’s seen as a real-time space where experts and their members trade and share knowledge in real-time. Each guru has their style in operating their chat room and dealing with the listed members there. One might be a laid-back person who is rarely active, while another might be more online and communicative to their pupils. Think of the chat rooms like Profit.ly’s version of the forum in the essence.
Who is the best trader to Profit.ly?
Profit.ly’s diverse range of products and features are geared towards a large variety of stock traders, from beginners to experienced pros. With the variety of deals it offers, the platform surely has something for all.
Beginners, for instance, can take advantage of Profit.ly’s library of learning information available on the platform. In addition, they will get daily videos and chat room tips from the in-house experts and members. They’ll also be able pick from the merchandise available on its store online to carry with them wherever they travel. You can also get hands-on experiences from trading within the platform, but eventually they’ll realize that this is a high-stakes game that shouldn’t be taken as an opportunity to make fun of.
For traders who have many years of experience down the road, we consider Profit.ly as equally as suitable to those who are just starting. While novice traders may not be as proficient in dealing with trading issues, the pros already understand how it works and the stack full of risks associated with it. Ideally, they may use Profit.ly’s array of options to their maximum advantage to improve their skills in trading. Like beginners, they can learn from the top experts and experts , and use those short tips and tricks throughout the process.
Profit.ly’s “all-inclusive” nature does not only apply to beginners as well as semi-seasoned traders. Experts who have been verified can also participate in the excitement! People in the trade industry who are on similar levels to Superman or Tim Sykes can also use Profit.ly’s capabilities. Profit.ly’s capabilities to showcase their skill to others in order to assist them in the ever-changing trading process. Tim Sykes Live Trading
Profit.ly’s Pros and Pros and
The Pros
- Profit.ly’s diverse capabilities as a ‘one-stop’ platform for trading stocks allows it to provide traders everywhere with a wealth of education communications, trading, and communication tools
- You get to receive excellent training and advice from the company’s in-house gurus, including video libraries that teach you how to learn and live trading activity.
- You’re assured of transparency throughout Profit.ly with accurate analytics and fellow traders that are waiting to reach you when something goes wrong.
- The leaderboard feature of the platform offers you the opportunity to increase your reputation as a reliable and authentic trader
- Apart from its main capabilities, Profit.ly also gives its customers additional options to meet their individual preferences, for instance, posting unverifiable trades through photographs
- Profit.ly’s diverse range of subscription levels and guru packages are priced at a reasonable cost There is truly something for all
The Cons
- Profit.ly’s bountiful stream of products and packages offered might be too much for a lot of its users
- If traders decide to make any type of trade, there’s an opportunity that some them may take advantage by cherry-picking the best trades to improve their ratings – this may be a problem that shouldn’t be overlooked.
- Profit.ly does not accept refunds because its premium users will immediately benefit from the number of features the platform is able to provide
> > Click Here to Check Out Profit.ly < <
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 a ‘yes’. However, you must realize that this platform shouldn’t be viewed as a scheme to get rich quick. It wasn’t meant to be designed in this way. Instead, you should have curiosity. Tim Sykes Live Trading
What we do mean by ‘yes’ is that it can be a great learning tool. Those who may be stuck may discover Profit.ly’s range of resources helpful when they try their best to reduce loss and perform better than they did before. Not only poor traders that can profit from the platform. It will be able to accommodate beginners as well as even experts!
If you truly desire to be better at trading and wish to learn from your fellows and gurus throughout the process, then take a look at Profit.ly. Profit.ly may be a great choice to start.
FAQ Tim Sykes Live Trading
What are the best ways to use Profit.ly to publish your trades?
Profit.ly offers an entry section for trades within the “My Trade section of the dashboard which allows you to post your trades, either verified or otherwise. You may choose between three choices:
- Connecting your account to your brokerage of choice and importing transactions directly through there
- Manually entering your trades using the spaces provided and details
- Upload a screenshot of your transactions
What can I do to determine whether the trade is authentic or not?
If you purchase your trade from a trusted brokerage, there is the likelihood that it can be verified. This is evident by the small blue check. If you submit it manually or through images, it will be classified as unverified.
The downside of having an unauthentic trade is the chance of receiving negative feedback from fellow peers. 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 available?
As of this writing, Profit.ly is still available to download via the App Store for Apple and in the Google Play store. The mobile app version is compatible with the majority of functioning tablets and smartphones.
How many people are using Profit.ly?
Profit.ly currently houses more than 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 on the stock market all over the world.
