Stock trading is a high-stakes game. On certain days, you could enjoy the benefits of positive and satisfying numbers. On other days it could be the reverse, and it may sometimes be extremely difficult to get back to where you were at your peak. If you’re always in the mud You will need 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 a significant boost from your colleagues in the market from all over the globe. That’s why we’ve discovered a platform that can support you in your improvement within the field. We’ll be taking a look at Profit.ly, a well-recognized 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.
Overall Rating: 4.1/5 Tim Sykes Neil Patel
Value: 4.1/5
Quality: 4.1/5
Costs: 4.1/5
The User’s Experience 4.5/5
Summary
Profit.ly can be described as an online platform for trading that allows traders of various levels to be knowledgeable and accountable, as well as transparent and uplifting with one another through its wide array of tools and features such as trade verification, chat rooms, and an enriched library of educational material.
What is Profit.ly?
Profit.ly is a site for trading that serves both as a learning and education platform for those who are just beginning their journey and as a hub for traders who are experienced to monitor their performance through the use of cutting-edge analytics tools. It provides users with a vast range of resources for trade and communication that help traders from every field of business connect with each other. It offers gurus with worthy investments within the boundaries of the platform. Imagine it as the social media equivalent to Facebook and Reddit, but for experts and traders.
Profit.ly independently verifies trade performances and then publishes the information from them in the style of leaderboards. The trading platform is built on trust and transparency. it ensures that the trades are authentic and won’t accept fake news as long as it is possible. It was created in the past by penny stock trade expert and investment expert Timothy Sykes, along with the other expert Michael Mosseri.
One time , during an interview for Forbes magazine Sykes stated that Profit.ly was based “on the transparency of the entire spectrum of trades, something which was never done before.” The concept, he added, served two goals: 1.) creating public track records for all traders, not just the gurus, but also the newsletter authors and students as well as) allowing all users to be enlightened by the losses and wins to the benefit of the trading industry. Tim Sykes Neil Patel
How Does It Perform?
Profit.ly utilizes a subscription model that allows stock traders to gain access to a multitude of features and services aimed at achieving achievement. It is possible to create an account there for free, but you’re limited to the capability to browse 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, you will need to subscribe to any of Profit.ly’s deals, which we will go over shortly.
The process of opening an account is easy: create an account that includes your personal information and expertise, connect to your brokerage account, and you’ll have the chance to climb your way up to the top of the leaderboard. Profit.ly’s Leaderboard function, which was mentioned previously it is designed to provide its users an insight into the performance of the trading community and its experts. It’s not just a way to demonstrate value to a community of traders, but you can also use Profit.ly to purchase with a guru, and have the assurance that you’re confident in their skills and the credibility of their assertions.
If you are unsure about the idea of divulging your brokerage account, you can opt to post your trades, whether verified or not, via photographs. In Profit.ly is the huge selection of courses in trading as well as the ability to look at the stats of a trader’s account, and more ways to communicate with your gurus via chatrooms as well as email and text alerts as well as updates.
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Meet Tim Sykes, the founder: Tim Sykes
Timothy Sykes is a well-renowned day trader who is famously known for his efforts in penny stock trading. According to Investopedia the term “penny stock” refers to a small-sized company’s stock which trades at just less than 5 cents per share. The trading of penny stocks can be seen as an opportunity for small companies to move to a large marketplace as they can access money from the public. However, don’t get it wrong – it can also be a high-risk game, which Sykes can surely tell through his many years of expertise.
Beginning at the end of his time in the high schools, Tim Sykes has, since then, earned more than $6 million in profits during his long and successful career as trader. At 25 years old, he had been given greater exposure and an even wider reach of influence as a participant in the reality TV show “Wall Street Warriors.” He used the opportunity to develop trading rooms and penny stock themes and educational content geared toward people who are brand new to trading. He also helped establish Profit.ly as a place of openness, and to allow the community to rise and compete with each other through the platform.
The Profit.ly Gurus
One of Profit.ly’s sweet inclusions is the wide range of education tools, trade alerts as well as other useful information provided by the in-house experts of the platform. The gurus in question refer to experts in the field of trading who have made substantial amounts of money from their combined years of knowledge. Tim Sykes Neil Patel
At its height, Profit.ly had housed up to five gurus, each of them a pro in their field of expertise in the field of trading. Some of the prominent experts 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 this platform: Founder of the penny stock market Tim Sykes and veteran smallcap swing trader Paul Scolardi, also known as Superman. In light of that, let’s take a look at what packaged deals each guru has to offer.
From Tim Sykes: Tim’s Alerts
Sykes offers basic stock trading services with the main priority being penny-stock day trading via Tim’s Alerts. The cost is $74.95 for a month you’ll be able to observe him focus on basic stock catalysts and employ them to forecast the next move that is possible when trading.
A purchase on its own from Tim’s Alerts will get you access to the chatroom as well as the mobile app that’s available on iOS and Android devices, text, e-mail, and push alerts; and a daily stock watchlist.
Tim Sykes: From Tim Sykes: The Pennystocking Silver Package
Pennystocking Silver is the premium version that has been upgraded of the Tim’s Alerts program. It costs $149.95 for a month it is a great option for those who are invested in the penny-stock market. Pennystocking Silver comes with all the standard features that were included in prior plans, including swing trading alerts and unlimited access to a collection of more than 7,000 educational videos that are updated every week.
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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 both small-cap monumental stocks and crazy-accurate marketing forecasts. Since he began as a trader, Superman has amassed over $5.5 million in total trading earnings. Tim Sykes Neil Patel
The Superman Alerts package is his offer of the most essential features and alerts on trading geared towards those who might be interested. For $147 per month, you’ll gain access to the daily premarket stock watchlist and the mobile app, daily market commentary shown in real-time, and SMS and e-mail alerts.
In “Superman” Paul Scolardi: Superman Pro
At $247/month, you get additional features, as well as access to the extensive knowledge base of information provided by Superman himself through the Superman Pro package. Alongside the standard features included in the Alerts package, Superman Pro gives you daily video lessons, which include a growing library of all previous lessons. Additionally you’ll also gain 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 trading community on the internet and make a mark on the field, Profit.ly has the right amount of tools to get you going. The platform has three membership tiers that cater to traders with different levels. Let’s break down what these three levels are and what they’ll cost you.
Novice Plan
This package for novices is Profit.ly’s beginning-of-the-line plan specifically for those who are new to the trading community. As you sign up for this package, you will be immediately provided with a variety of powerful and essential trading tools, all one of them essential in keeping your fingers on what we can describe as a cutthroat process in and of itself.
Among the list of things you can accomplish using Profit.ly’s Novice package include the ability to verify the results of your trades and track profit and follow-up, leading, and even messaging other traders; and giving feedback on the trades of today. You’re also allowed to get on leaderboards; analyze, sort, or filter the trades you make and, lastly, view other’s stats.
The Novice plan will cost $29.95 per monthly payment. Although it might look appealing just by the price, there is a downside. You can’t create a private profile, thus making your activities publicly available. If you do want to gain the benefit of this service, you should be watching for us to introduce to you Profit.ly’s next plan.
Trader Plan
The Trader package allows you to take advantage of many of the features of The Novice package. This plan allows that you can create an individual profile that allows you to share with fellow associate users all your knowledge and knowledge you gain from this trading group.
Costing $49.95/month, Profit.ly’s Trader plan is exactly what it says: Cater people who want to harness their skills in trading. Although it’s a nice thing, there is one significant aspect that’s not included. Unlike the previous Novice package, this one won’t be able to view other traders’ stats, which could be a disadvantage for those who are eager to try this new tier. Tim Sykes Neil Patel
Pro Plan
This is by far the highest expensive plan Profit.ly offers to experienced traders. At $74.95 per month, which includes a 22% discount for annual billing, this tier has everything. It gives you full, unlimited access to all features from the two previous plans.
Not only do you get to see other users’ stats as well, you’re also offered the option of creating an individual profile. Both of these features, plus the other advantages you’ll be able to use to the maximum extent. If you’re in search of a plan that can serve all the features you need to be trader with experience, the Pro level is ideal for you!
Profit.ly’s Other Services
Apart from the training tools and the leadersboards Profit.ly provides a variety of additional services that it can offer. One of these is its online store, where customers can choose from a wide array of instructional videos that are designed to inform and guide you through the nuances and pitfalls of trading. The products listed in this section of the website can be purchased immediately for personal use. Some of these include bestsellers such as”Trading Tickers, “Trading Tickers” series from trading professional Tim Grittani, Timothy Sykes’s library of DVDs and streaming-only content related to penny stocking, short stocking, and all other things trading-related, clips and footage taken from events like the Annual Pennystocking Conference, and products from other expert traders.
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The chat rooms that are integrated are included in Profit.ly’s range of services and features. You are probably familiar with the concept of 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 the chat room is viewed 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 in dealing with the members there. One might be laid back and less engaged, while another could be more online and communicative to their pupils. Think of chat rooms as Profit.ly’s version of a forum, in essence.
Who is the ideal trader to Profit.ly?
Profit.ly’s wide range of products and features caters to the wide range of stock trader types, from beginners to experienced pros. Considering the number of offers it can provide this platform definitely has something for every person.
Newbies, for instance, will enjoy Profit.ly’s knowledge-based content offered throughout the platform. In addition, they will be enriched with weekly videos and chat room advice by its internal gurus as well as their members. Additionally, they can choose from the items in its online store that they can take with them wherever they may go. They can also gain hands-on experiences from trading within the platform, but eventually they’ll be able to realize that this is a high-stakes game that shouldn’t be taken as an amusing pastime.
For the traders with many years of experience down the road, we consider Profit.ly equally suitable for them as it is for those who are just starting. Although the novices might not be as adept at managing trading however, experienced traders know how it works and the stack full of risks that it carries. In the ideal scenario, they can use Profit.ly’s variety of features to their best advantage to enhance their skills in trading. Like novices, they can study from the gurus as well as experts, and take advantage of quick tips and tidbits to help them along.
Profit.ly’s “all-inclusive” nature doesn’t just apply to newbies or semi-experienced trader. Certified experts can also take part in the excitement! People in the trade industry who are at an equal level with Superman or Tim Sykes can also use Profit.ly’s capabilities. Profit.ly’s capabilities to display their skills to others as a way to help navigate them through the ever-changing trading process. Tim Sykes Neil Patel
Profit.ly’s Pros and Pros and
The Pros
- Profit.ly’s diverse capabilities as a ‘one-stop’ stock trading platform enable traders across the globe with a wealth of education, communication, and trading tools
- You’ll receive excellent training and insights from its in-house gurus, including libraries of educational videos and real-time trading activities
- You’re guaranteed transparency throughout Profit.ly by using accurate data as well as other traders ready to call you when something goes wrong.
- The platform’s leaderboard feature gives you a way to build your reputation as a reliable and verifiable trader
- Apart from its main features, Profit.ly also gives its customers additional options to meet their needs, like posting trades that are not authentic by taking screenshots
- Profit.ly’s variety of subscription levels 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
- As traders may opt to open 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 may be a problem that shouldn’t be ignored.
- Profit.ly does not accept refunds because its premium users will immediately take advantage of the numerous services the platform has to provide
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The Final Concluding Question: Is Profit.ly Valued?
If we were able to come up with the answer, it would be yes. But it is important to realize that the platform should not be used as a get-rich-quick scheme. The platform wasn’t originally designed to be used in this way. Instead, it is best to keep an open mind. Tim Sykes Neil Patel
What we do mean”yes” is that it is a fantastic learning tool. Those who may be stuck may find Profit.ly’s variety of resources to be helpful when they try their best to reduce losses and be more successful than they did before. Not only struggling traders who will benefit from the platform. It will be able to accommodate beginners as well as even experts!
If you truly care about being a better trader and want to learn from your fellows and gurus throughout the process, then take a look at Profit.ly. Profit.ly is a fantastic choice to start.
FAQ Tim Sykes Neil Patel
How can you make use of Profit.ly to publish your trades?
Profit.ly has a trade entry portion within the “My Trade section of the dashboard which lets you post your trades, either verified or otherwise. You may choose between three options:
- Linking your account to the brokerage of choice and importing transactions directly through there
- Manually inputting your trades with provided spaces and specifics
- Send a screen shot of your transactions
How do I know whether the trade can be verified or not?
If you import your trade from a reputable brokerage, there is an excellent chance that it is verifiable. This is shown by the blue check mark. If you upload it manually or through screenshots, it will automatically be classified as unverified.
The drawback of posting an unauthenticated trade is the risk of receiving downvotes from colleagues. Too many downvotes may cause you to show up on the Madoff leaderboard, where users can detect who’s being fraudulent in posting trades.
Is the Profit.ly mobile app still in use?
At the time of writing, Profit.ly is still available for download on the Apple App Store as well as in the Google Play store. The mobile app version is compatible with most functioning tablets and smartphones.
How many people are currently connected to Profit.ly?
Profit.ly currently houses over 150,000 traders and investors, as they not only are trying to maximize profits but also help each other learn and improve in acquiring opportunities on the stock market both right and left.
