Stock trading can be an exciting game with high stakes. On some days, you could enjoy the benefits of positive and satisfying numbers. On other days, the opposite may happen and it could be extremely difficult to get back to the point you were at your most productive. If you’re always in the mud it is important to recognize that relying on instinct and survival is not always enough.
If you’ve been incurring loss from time to time You’ll need sound advice from tried-and-tested trading experts. You’re also gonna need an important boost from fellow traders from around the globe, which is why we’ve identified a platform that can support you in your improvement in the industry. This review will take the time to look at Profit.ly A well-respected 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. 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 Log In
Value: 4.1/5
Quality: 4.1/5
Costs: 4.1/5
Users Experience 4.5/5
Summary
Profit.ly can be described as an online platform for trading that allows traders of different levels to be knowledgeable, transparent, accountable, and to build relationships with each other through its broad range of features and tools such as trade verification, chat rooms and a rich library of educational content.
How do I define Profit.ly?
Profit.ly is a site for trading that functions as a learning and education platform for those new to trading and also as a platform for experienced traders to track their performance using the aid of advanced analytics tools. Providing users with a wide range of resources for trade and communication that help traders from all walks of life network with each other. It gives the gurus worthy investments within the boundaries of the platform. Consider it a social media site akin the likes of Facebook and Reddit but with a focus on professionals and traders.
Profit.ly independently checks the performance of trades and posts all the data from them in the form of leaderboards. The trading platform is built on transparency and honesty: it ensures that the transactions are legitimate and will not allow for fraud as much as is humanly possible. It was founded in the past by penny expert in stock trading and investment expert Timothy Sykes, along with the other expert Michael Mosseri.
One time during his appearance in Forbes magazine, Sykes said that Profit.ly was driven by its focus “on showing every trade, something that has never been done before.” The concept, he added, served two goals: 1.) creating public track records for not just the gurus, but also the newsletter authors and students, and 2) giving everyone on the platform to be enlightened by the losses and wins to benefit the industry of trading. Tim Sykes Log In
How Does It Perform?
Profit.ly is a subscription-based platform that lets stock traders have access to a range of services and features geared towards achieving achievement. You can create an account there at no cost, however you’re only limited to having the ability to navigate through the leaderboard and observe the activities of non-gurus. If you’re looking to invest your money to see which stocks the gurus are trading in real time, you will need to subscribe to any of Profit.ly’s offerings that we’ll discuss in the near future.
The process of opening an account is easy: create a profile with your experiences and skills, join to your brokerage account, and you have yourself a chance to shoot through the top of the leaderboard. Profit.ly’s Leaderboard function, which was previously mentioned, is designed to give its users a look at how the community of traders performs and its gurus. It’s not only a chance to demonstrate value to a group of traders. You can also use Profit.ly to purchase from a guru with the confidence that you are confident with their expertise and the legitimacy of their claims.
If you’re not comfortable with the idea of divulging your brokerage account, you can opt to post your trades, verified or not, by taking photographs. Also included in Profit.ly is the huge selection of trading courses as well as the ability to look at the stats of a trader’s account as well as other ways to communicate with your gurus through the chatroom as well as text and e-mail alerts and updates.
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Meet Tim Sykes, the founder: Tim Sykes
Timothy Sykes is a well-renowned day trading guru who has been famously known for his involvement in penny stock trading. According to Investopedia the term “penny stock” is a small business’s stock which trades at less than $5 per share. The trading of penny stocks is an avenue for small businesses to transition into a larger market because it allows them to access funds from the general public. However, don’t get it wrong – it’s also an extremely risky game, as Sykes will be able to tell you because of his decades of experience.
Since his initial beginnings in the latter years of high school, Tim Sykes has, since then, made more than $6 million in profits through his lengthy career as a trader. At the age of 25 Tim Sykes had received greater exposure and a larger reach of influence when he was a part of the reality show “Wall Street Warriors.” He made use of the show to create trading rooms as well as penny stock themes as well as educational content targeted at people who are brand new to the trading field. He also helped establish Profit.ly as a place for openness, and for the community to lift each other up and compete on the platform.
The Profit.ly Gurus
One of Profit.ly’s amazing features is the vast array of learning sources, trade alerts as well as other useful information provided by the platform’s in-house gurus. The gurus in question refer to the trading experts who have proven to make substantial amounts of money through their years of expertise. Tim Sykes Log In
At its height, Profit.ly had housed up to five gurus, each of them a pro in their field of expertise within the world of trading. Some of the prominent experts included Connor Bruggermann, Nathan Michaud of Investors Underground, and Triforce as well as a handful of others. At the time of writing however, only two gurus remain on the 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, let’s take a look at the packages each guru can offer.
From Tim Sykes Tim Sykes: Tim’s Alerts
Sykes provides a basic stock trading service with the main priority being penny stock day trading through Tim’s Alerts. The cost is $74.95 per month, you’ll observe him focus on fundamental stock catalysts and use them to forecast the next possible moves in 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 and Android devices, email, text and push alerts as well as a daily watchlist of stocks.
Tim Sykes: From Tim Sykes: The Pennystocking Silver Package
Pennystocking Silver is the highest-quality version, with an upgraded version of Tim’s Alerts program. Priced at $149.95 for a month it is an ideal plan for those who are invested in investing in penny stocks. Pennystocking Silver offers all the essential features that were included in prior plans, which includes alerts for swing trading and access to a library of over 7,000 educational videos that are updated weekly.
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In “Superman” Paul Scolardi: Superman Alerts
Scolardi who is known under the name “Superman,” is a trader who has an eye for tiny-cap massive stocks as well as wildly accurate marketing forecasts. Since he began as a trader, Superman has amassed over $5.5 million in all-time trading earnings. Tim Sykes Log In
The Superman Alerts plan is an offering of essential features and trading alerts geared to those interested. For $147 per month, you’ll gain access daily premarket stock watchlist and the mobile application, daily market commentary in real time, and E-mail and SMS alerts.
From “Superman” Paul Scolardi: Superman Pro
For the price of $247, you receive additional features and access to the extensive knowledge base that is provided by Superman himself through the Superman Pro package. On top of the essentials featured in the Alerts package, Superman Pro gives you weekly video lessons, including the growing collection of other previous ones. Additionally, you’ll also get the ability to access premium reports on research as well as the IPO and earnings tracker.
Profit.ly plans and costs
If you’re ready to join the online trading community and leave a mark in the industry, Profit.ly has the right amount of resources to get you started. The platform offers three membership levels that cater to traders of different levels. Let’s look at what the three tiers are and how much they’ll cost you.
Novice Plan
This package for novices is Profit.ly’s entry-level plan designed especially for people who are brand new to the world of trading. When you sign up for this plan, you will be immediately given a slew of robust and indispensable trading tools, all one of them essential in keeping your fingers on what can describe as a cutthroat procedure in its own.
The list of features you can accomplish using Profit.ly’s Novice package include the ability to verify trades and track profits as well as leading, following, and even messaging your fellow traders, as well as providing feedback on trades today. You can also get on leaderboards; analyze, sort, and filter your trades and, finally, see other’s stats.
The Novice plan costs $29.95 per month. Although it looks attractive for the price alone but there’s a disadvantage. It isn’t possible to create a private account, making your personal information public. If you do want to gain the benefit of this service, be watching for us to introduce to you Profit.ly’s next strategy.
Trader Plan
The Trader package allows you to use a majority of features from The Novice package. It is in this plan that you are able to create an individual profile that allows you for sharing with fellow associate users all your knowledge and intel in this trading group.
The price is $49.95/month, Profit.ly’s Trader plan does what the name suggests: Cater to those who desire to improve their expertise in trading. While it’s nice but there’s one important element that’s missing. Unlike the previous Novice package, this one won’t be able to see other traders’ stats, which could be a problem for those eager to try this new tier. Tim Sykes Log In
Pro Plan
The Pro plan is the most expensive plan Profit.ly could offer for seasoned traders. With $74.95 per month, and 22% off for annual billing This plan offers it all. You get full, no-holds-barred access to all features of the previous plans.
Not only do you get to view other people’s stats, but you’re also given the opportunity to create a private profile. Both of these options, plus the other advantages that you can utilize to the fullest potential. If you’re in search of an option that gives you everything you need as trader with experience, the Pro plan is ideal for you!
Profit.ly’s Other Services
Apart from the tools for training and Leaderboards Profit.ly offers a number of other services they offer. One of these is its online store, which lets users choose from a wide array of videos designed to inform and help you understand the nuances and pitfalls of trading. The products listed in this section of the site can be bought immediately for your personal use. Among these products include best-sellers such as”Trading Tickers, “Trading Tickers” series by trading professional Tim Grittani, Timothy Sykes’s collection of DVDs, streaming-only content on short stocking, penny stocking, and all other aspects of trading. There are also clips and scenes from events like the Annual Pennystocking Conference, and other products by expert traders.
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Chat rooms integrated into Profit.ly are included in Profit.ly’s variety of services and features. You are probably familiar with the concept of the chat room since you can find it throughout messaging and social platforms, in addition to a few special websites that offer live chat support. But on Profit.ly the chat room is viewed as a area where experts and members can interact and share knowledge in real-time. Every guru has their own way in operating their chat room and dealing with the members. One of them may be laid back and not very often active, while another may be more interactive and online to their pupils. Think of the chat rooms as Profit.ly’s version of a forum, in essence.
Who is the Ideal trader to Profit.ly?
Profit.ly’s variety of offerings and features cater to an array of stock traders, ranging from novices to the most experienced. With the variety of deals it has to offer it is certain to have something for all.
Beginners, for instance, will enjoy Profit.ly’s collection of educational information available on the platform. They will also be enriched with weekly videos and chat room tips from the in-house experts and their members. They’ll also be able to select from the products on its store online that they can take with them wherever they may go. They can also gain hands-on experience trading on the platform, however they’ll be able to realize that this is a high stakes game that shouldn’t be treated as a joke.
For those traders who have had many years of experience down the line, we believe Profit.ly equally suited for them as it is for people who are just beginning. Although the novices might not be as well-equipped with managing trading, the pros already understand how it works and the risky mix associated with it. It is ideal to use Profit.ly’s array of options to their maximum advantage to enhance their skills in trading. Like novices, they can learn from the experts and experts , and use those short tips and tricks throughout the process.
Profit.ly’s “all-in” approach doesn’t just apply to newbies and semi-experienced traders. Certified experts can also take part in the enjoyment! Those in the trading industry who are on similar levels to Superman as well as Tim Sykes can also use the power of Profit.ly’s capabilities to display their skills to others as a way to navigate them through the ever-changing trading process. Tim Sykes Log In
Profit.ly’s Pros and Cons
The Pros
- Profit.ly’s many capabilities as a ‘one-stop’ stock trading platform enable traders from all over the world with an abundance of knowledge tools, communication, and trading tools
- You will receive excellent training and insights from its internal experts, which include libraries of educational videos and live trading activity.
- You’re guaranteed transparency throughout Profit.ly with precise analytics as well as fellow traders who are ready to reach you out if something occurs.
- The leaderboard feature of the platform offers you the chance to establish your reputation as a reliable and dependable trader
- Apart from its main capabilities, Profit.ly also gives its customers additional options to meet their individual preferences, for instance, posting unauthentic trades via screenshots
- Profit.ly’s wide array of subscription plans and guru packages are priced at reasonable prices There’s something for everyone
The Cons
- Profit.ly’s abundance of products and packages offered might seem overwhelming for a lot of its customers
- Since traders can choose to post any kind of trade, there’s a possibility that some of them will profit by cherry-picking the best trades to improve their ratings This could be a problem that shouldn’t be simply overlooked
- Profit.ly will not allow refunds as its premium users will immediately benefit from the many features the platform is able to offer
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The Final Verdict: Is Profit.ly worth it?
If we were able to come up with an appropriate answer for this query, it would be yes. But it is important to realize that the platform should not be used as a scheme to get rich quick. The platform wasn’t originally intended to be created in this way. Instead, you need to have an open mind. Tim Sykes Log In
What we do mean”yes” is it is a fantastic learning tool. For those who are struggling, they might discover Profit.ly’s variety of resources helpful in their efforts to avoid losses and perform better than they did before. It’s not only the struggling traders that will profit from the platform. It can accommodate beginners and even experts!
So, if you genuinely care about being better at trading and wish to learn from your fellows and gurus throughout the process, then take a look at Profit.ly. Profit.ly could be a good option to begin.
FAQ Tim Sykes Log In
What are the best ways to use Profit.ly to publish your trades?
Profit.ly includes the option of allowing trade entries in the My Trade section of the dashboard. It allows you to post your trades that are verified or not. There are three options:
- Connecting your account to your brokerage of choice and importing trades directly from there
- Manually inputting your trades with specified spaces and information.
- Upload a screenshot of your trades
How do I know if the trade is verifiable or not?
If you purchase your trade through a reliable brokerage, there is an excellent chance that it is verifiable. This is evident by the blue check mark. If you upload the information manually or via screenshots, it will automatically be assigned as unverified.
The disadvantage of an unverified trade is the possibility of getting downvotes from your fellow peers. 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 dishonest in posting trades.
Does the Profit.ly mobile application still available?
As of this writing, Profit.ly is still available for download on the Apple App Store as well as in the Google Play store. The mobile version of the app is compatible with most functioning tablets and smartphones.
How many are connected to Profit.ly?
Profit.ly currently houses over 150,000 investors and traders as they not only are seeking to make the most profit but also to help one another grow and learn more about acquiring stock market opportunities both right and left.
