The stock market can be an exciting game with high stakes. On certain days, you may be reaping the benefits of positive and satisfying numbers. On other days, the opposite may happen and it could be very difficult to get back to the point you were at your most productive. If you find yourself always in the mud, you will have to realize that relying on your instincts and preserving might not be enough.
If you’ve suffered losses from time to time You’ll need reliable advice from tested and tried trading experts. Also, you’ll need an important boost from trading partners from all over the globe. That’s why we’ve found a platform that can support you in your improvement within the field. We’ll be taking an in-depth 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. 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 Market Cap
User Experience: 4.5/5
Profit.ly offers an internet-based trading service that permits traders of all levels to be informative and accountable, as well as transparent and uplifting with one another through its wide array of tools and features like 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 that functions as a learning and training platform for people who are just beginning their journey and as a hub for traders who are experienced to monitor their performance using the aid of advanced analytics tools. It provides users with a vast variety of tools to facilitate trade and communication and letting traders from every field of business connect with each other. It also allows gurus to make an opportunity to invest in the right areas of this platform. Consider it an online social media platform similar to Facebook and Reddit, but for professionals and traders.
Profit.ly independently verifies trade performances and posts all the data from them in the style of leaderboards. The platform’s trading model is based on honesty and transparency: it ensures that the trades are authentic and won’t tolerate inauthenticity as much as is humanly possible. It was founded years ago by the penny stock trade expert and investment expert Timothy Sykes, along with his colleague Michael Mosseri.
One time , during an appearance in Forbes magazine, Sykes said that Profit.ly was based “on the transparency of the entire spectrum of trades, something which has never been done before.” The idea, he added, served two objectives: one) keeping track of public data for everyone, not just the experts and newsletter writers and students as well as) making it possible for everyone on the platform to learn from the losses and wins to the benefit of the trading industry. Tim Sykes Market Cap
How Does It How Does It
Profit.ly is a subscription-based platform that allows stock traders to have access to a range of features and services aimed towards achieving achievement. You can create an account for free, but you’re only limited to having the ability to navigate through the leaderboards and monitor the actions of non-gurus. If you’re looking to invest your money in order to find out what stocks the experts are trading in real time it is necessary to join one of Profit.ly’s deals, which we will discuss in the near future.
The process of opening an account is simple: Create a profile with your experiences and skills, join your brokerage account, and you’ll be given a chance to shoot through at the very top of the list. Profit.ly’s leaderboard feature, as previously mentioned it is designed to provide its users a look at their performance as a trading group as well as its experts. It’s not just a way to prove your worth to a community of traders. You can also use Profit.ly to shop with a professional with the assurance that you’re comfortable of their knowledge and the veracity of their claims.
If you are unsure about the idea of sharing the details of your broker account then you could decide to share your trades, verified or otherwise, through photographs. In Profit.ly are the vast number of trading courses, the ability to view the stats of a trader’s account and other methods to connect with your gurus through the chatroom as well as notifications via email or text as well as updates.
Meet Tim Sykes, the founder: Tim Sykes
Timothy Sykes is a well-renowned day trading personality who is famously known for his efforts in trades in penny stocks. According to Investopedia Penny stock refers to a small company’s stock which trades at just less than 5 cents per share. Penny stock trading could be viewed as an opportunity for small-scale businesses to make the transition to a market that is larger as it gives them access to money from the general public. But don’t be mistaken – it’s also a high-risk game, which Sykes can surely tell thanks to his years of experience.
From his beginnings in his late years in high school, Tim Sykes has, since then, earned more than $6 million in profits through his lengthy career as a trader. At 25 years old Tim Sykes had received more exposure and a wider impact as a participant in the reality TV show “Wall Street Warriors.” Then, he used the opportunity to create trading rooms and penny stock themes and educational content geared toward people who are brand new to trading. He also helped to establish Profit.ly as a place for transparency and for the community to uplift and compete against each other through the platform.
The Profit.ly Gurus
One of Profit.ly’s amazing features is the variety of learning sources, trade alerts and other helpful stuff provided by the in-house experts of the platform. The gurus in question refer to the trading experts who have made significant amounts of profit from their combined years of expertise. Tim Sykes Market Cap
At its peak, Profit.ly had housed up to five gurus, all of them a professional in their field of expertise within the world of trading. Some of the prominent gurus included Connor Bruggermann, Nathan Michaud of Investors Underground, and Triforce as well as a handful of others. As of this writing, there are only two gurus who remain on the platform: Founder and penny stock trader Tim Sykes and veteran smallcap swing trader Paul Scolardi, also known as Superman. When we take that into account, let’s take a look at what packaged deals each guru has to offer.
From Tim Sykes: Tim’s Alerts
Sykes offers 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 see him focus on the fundamental stock catalysts and use them to anticipate the next possible moves in trading.
A purchase on its own of Tim’s Alerts will get you access to the chatroom, as well as the mobile application that is available on iOS as well as 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 premium, upgraded version of the Tim’s Alerts package. It costs $149.95 per month, this is a great option for investors who are committed to the penny-stock market. Pennystocking Silver comes with all the standard features that were included in earlier plans including swing trading alerts and unlimited access to an extensive collection of more than 7,000 educational videos, with new ones released weekly.
The following video is 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 when he first started trading, Superman has amassed over $5.5 million in all-time trading profits. Tim Sykes Market Cap
The Superman Alerts plan is his package of vital features and alerts on trading geared towards those who might be interested. For $147/month, you’ll get access to the daily premarket stock watchlist as well as the mobile app, the daily market commentary shown in real-time, as well as 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 of information provided by Superman himself, via Superman Pro. Superman Pro package. On top of the essentials that are included in the Alerts package, Superman Pro gives you daily video lessons, which include an ever-growing library of the previous ones. On top of that, you’ll also get access to premium research reports as well as the IPO and earnings tracker.
Profit.ly plans and costs
If you’re ready to join the world of online trading and leave your mark on the market, Profit.ly has the right amount of tools to get you up and running. Profit.ly offers three membership tiers that cater to traders of different levels. Let’s look at what the three are and how much they’ll cost you.
This package for novices is Profit.ly’s beginning-of-the-line plan specifically for those who are just beginning their journey to the world of trading. When you sign up for this package you’ll be offered a range of strong and indispensable trading tools, all of them integral in keeping your fingers on what we can describe as a cutthroat process by itself.
Among the list of things you can accomplish with Profit.ly’s Novice package is the ability to confirm trades and track profits; 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 the results of your analysis, sort, and filter your trades; and lastly, look at other people’s statistics.
The Novice plan costs $29.95 per monthly payment. Although it might look appealing just by the price, there is a downside. You aren’t able to create a personal profile, which makes your activities publicly available. 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.
The Trader package lets you to use the majority of features available in The Novice package. This plan allows that you are able to create a private profile for sharing with fellow associate users all the insights and intel in the trading community.
Priced at $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 however, there’s a crucial element that’s missing. As opposed to the prior Novice package, you will not be able to see other traders’ stats that might be a drawback for those who are eager to try this new tier. Tim Sykes Market Cap
This is by far the most expensive plan Profit.ly could offer for seasoned traders. It costs $74.95 monthly, and an additional 22% discount for annual billing the Pro plan has everything. You get full, no-holds-barred access to all features from the two prior plans.
In addition, you’ll be able to look at other people’s statistics and data, but you also have the opportunity to create your own private profile. These two features are in addition to the advantages that you can utilize to their fullest capacity. If you’re looking for an option that gives you everything you need as a skilled trader, maybe the Pro tier could be for you!
Profit.ly’s Other Services
Apart from the tools for training and leadersboards Profit.ly has a few other services they provide. One of them is the online store, where customers can select from a variety of video products created to guide you through the ins and outs of trading. All of the products featured on this page of the website is available to be purchased immediately for personal use. Among these products include best-sellers like”Trading Tickers, “Trading Tickers” series by trader specialist Tim Grittani, Timothy Sykes’s collection of DVDs, streaming-only content about short stocking, penny stocking, as well as all things trading-related, clips and clips of events like the Annual Pennystocking Conference, and products from other expert traders.
Chat rooms integrated into Profit.ly are included in Profit.ly’s variety of features and services. You’re probably familiar with the chat room as you can find it throughout social and messaging platforms, in addition to a few special websites that provide live chat assistance. But on Profit.ly, it is seen as a hands-on place where gurus and their members trade and exchange knowledge in real-time. Each guru has their style in operating their chat room and dealing with the members. Some may be laid back and less engaged, while another could be more online and communicative in their interactions with students. Consider chat rooms like Profit.ly’s version of a forum, in its essence.
Who is the best Trader for Profit.ly?
Profit.ly’s wide range of products and features are geared towards the wide range of stock trader types, from novices to experienced professionals. With the variety of deals it can provide this platform definitely has something for all.
For instance, newbies can take advantage of Profit.ly’s library of learning information available on the platform. They will also be enriched with weekly videos and chat room advice from its in-house gurus as well as their members. Additionally, they can choose from the items from its online store that they can take with them wherever they may be. They can also gain hands-on experience trading on the platform, but ultimately they’ll realize that the process is a high stakes game that shouldn’t be taken as an opportunity to make fun of.
For those traders who have had years of exposure down the line, we believe Profit.ly as equally as suitable to those who are just starting. While the newbies may not be as adept at dealing with trading issues however, experienced traders know how it works and the stack full of risks that it carries. Ideally, they may utilize Profit.ly’s variety of features to their best advantage to enhance their trading abilities. Like beginners, they can study from the gurus and experts , and use those short tips and tricks along the way.
Profit.ly’s “all-inclusive” nature isn’t limited to novices as well as semi-seasoned traders. Certified experts can also take part in the excitement! Trade professionals who are at similar levels to Superman and Tim Sykes can also use Profit.ly’s capabilities. Profit.ly’s abilities to show off their skills to others as a way to help assist them in the ever-changing trading process. Tim Sykes Market Cap
Profit.ly’s Pros and Cons
- Profit.ly’s diverse capabilities as a “one-stop’ stock trading platform enable it to provide traders everywhere with a wealth of education, communication, and trading tools
- You will receive excellent training and insights from its in-house gurus, including video libraries that teach you how to learn and real-time trading activities
- You’re guaranteed transparency throughout Profit.ly with accurate analytics as well as fellow traders who are ready to reach you out whenever something happens
- The leaderboard feature of the platform offers you a way to build your credibility as a trustworthy and authentic trader
- In addition to its primary capabilities, Profit.ly also gives its users extra options to suit their preferences, such as posting unauthentic trades via photographs
- Profit.ly’s diverse range of subscription plans and guru packages are priced at reasonable prices There’s something for every person
- Profit.ly’s numerous packages and products offered may not be enough for the majority of its customers
- Since traders can choose to open any kind of trade, there’s the possibility that some of them could profit from selecting the best trades in order to increase the rating This could be a risk that shouldn’t be overlooked.
- Profit.ly will not allow refunds because its premium users will immediately take advantage of the numerous services the platform has to provide
The Final Verdict: Is Profit.ly Valued?
If we could think of the answer, it would be an affirmative “yes”. But you need to understand that it shouldn’t be treated as a quick-fix scheme to make money. The platform was not always designed to be used in this way. Instead, you should have the ability to think with an open heart. Tim Sykes Market Cap
What we do mean”yes” is that it is a fantastic learning tool. Those who may be stuck might find Profit.ly’s array of resources useful as they do their best to reduce losses and perform better than they did before. It’s not just the poor traders that can profit from the platform. It can accommodate beginners and even experts in the field!
If you really 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 is a fantastic option to begin.
FAQ Tim Sykes Market Cap
How do you use Profit.ly to make your trades public?
Profit.ly offers an entry section for trades in the “My Trade category on the dashboard that lets you record your trades, verifiable or not. You may choose between three options:
- Linking your account with your broker of choice and import transactions directly through there
- Manually entering your trades into specified spaces and information.
- Send a screen shot of your trades
How can I tell whether the trade can be verified or not?
If you purchase your trade from a reputable brokerage, there’s the chance that it is verifiable. This is shown by the small blue check. If you upload it manually or through images, it will be classified as unverified.
The downside of having an unauthenticated trade is the possibility of receiving downvotes from colleagues. A large number of downvotes could result in you appearing on the Madoff leaderboard, where people can detect who’s being untruthful in submitting trades.
Is the Profit.ly mobile app still available?
As of this writing, Profit.ly is still available to download via the Apple App Store as well as the Google Play store. The mobile app version works with all operating 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 seeking to make the most profit but also to help one another develop and grow in their ability to take advantage of opportunities on the stock market all over the world.