Stock trading can be an extremely risky game. On certain days, you might have the benefit of pleasing and positive numbers. On other days, however, the opposite may happen, and it may sometimes be extremely difficult to return to the point you were at your best. If you find yourself immersed in the water You will need to realize that relying on pure instinct and preservation might not be enough.
If you’ve been incurring losses from time to time and you’re likely to require reliable advice from tested and tried trading experts. Also, you’ll need an important boost from trading partners from all over the world, which is why we’ve found a platform that can support you in your growth within the field. This review will be taking a look at Profit.ly, a well-recognized 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 Past Performances
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 enables traders of different levels to be knowledgeable responsible, transparent, and uplifting with one another through its wide range of features and tools like trade verification, chat rooms, and an enriched library of educational material.
How do I define Profit.ly?
Profit.ly is a trading website which serves as a learning and training platform for traders who are starting out as well as a place for traders who are experienced to monitor their performance using the aid of cutting-edge analytics tools. Offering users a broad array of options to facilitate trade and communication and letting traders from every field of business connect with one another. It also allows gurus to make worthwhile investments within the confines of the platform. Consider it a social media site akin like Facebook and Reddit but with a focus on traders and experts.
Profit.ly independently checks the performance of trades and publishes all data from them in the style of leaderboards. The trading platform is built on trust and transparency. it guarantees that the trades are authentic and won’t allow for fraud as much as it is possible. It was created years ago by the penny stock trade expert and investment guru Timothy Sykes, along with the other expert Michael Mosseri.
One time during his interview for Forbes magazine, Sykes said that Profit.ly was driven by its focus “on the transparency of every trade, something that was never done before.” The idea was, he said, serving two goals: 1.) keeping track of public data for not just the gurus and newsletter authors and students, and 2) making it possible for all users to gain insight into both the wins and losses to the benefit of the trading industry. Tim Sykes Past Performances
How Does It Work?
Profit.ly utilizes a subscription model that allows stock traders to benefit from a variety of features and services aimed towards achieving the success of their business. You can create an account on the site for free, but you’re only given the capability to browse the leaderboards and monitor the activities of non-gurus. If you’re ready to invest your money in order to find out which stocks the gurus are trading in real time it is necessary to subscribe to any of Profit.ly’s offers, which we will go over shortly.
Making an account simple: Create an account with your experience and expertise, connect to your brokerage account, and you’ll be given a chance to shoot your way to high on the leaderboard. Profit.ly’s leaderboard feature, as we’ve mentioned earlier was designed to offer its users a look at their performance as a trading group and its experts. It’s not just a way to show value to a community of traders. You are also able to use Profit.ly to purchase with a professional with the confidence that you are confident in their skills and the legitimacy of their claims.
If you are unsure about the idea of divulging the details of your broker account then you could choose to publish your trades, either verified or not, by taking photographs. Included in Profit.ly are the vast number of trading courses, the ability to view statistics on a person’s profile as well as other ways to connect with your gurus via chatrooms as well as notifications via email or text as well as updates.
> > Click Here to Check Out Profit.ly < <
Meet the Founder: Tim Sykes
Timothy Sykes is a well-renowned day trading personality who has been famously known for his involvement in trades in penny stocks. According to Investopedia, a penny stock refers to a small company’s stock which trades at just less than 5 cents per share. The penny stock market could be viewed as an avenue for small businesses to transition to a market that is larger as they can access capital from the public. However, don’t get it wrong – it’s also an extremely risky game, as Sykes can surely tell thanks to his years of expertise.
Beginning at the end of his time in High School, Tim Sykes has, since then, earned an estimated $6 million profit during his long and successful career as trader. At the age of 25, he had been given greater exposure and a larger reach of influence when he became part of the reality series “Wall Street Warriors.” Then, he made use of the show to establish trading rooms as well as penny stock themes as well as educational content targeted at those who are just beginning to learn about 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 on the platform.
The Profit.ly Gurus
One of Profit.ly’s most appealing features is the variety of education sources, trade alerts and other helpful stuff provided by the platform’s in-house gurus. Gurus are referred to the trading experts who have made substantial amounts of money from their combined years of experience. Tim Sykes Past Performances
At its peak, Profit.ly had housed up to five gurus, each of them a professional in their field of expertise in the field of trading. Some of the most famous experts included Connor Bruggermann, Nathan Michaud of Investors Underground, and Triforce among others. At the time of writing however, only two gurus remain on this platform: Founder of the penny stock market Tim Sykes and veteran smallcap swing trader Paul Scolardi, also known as Superman. When we take that into account Let’s look at the packages each guru offers.
From Tim Sykes Tim Sykes: Tim’s Alerts
Sykes provides an essential stock trading service that focuses on penny-priced day trading with Tim’s Alerts. The cost is $74.95 for a month you’ll see him focus on the fundamental stock catalysts and use them to forecast the next move that is possible when trading.
A purchase on its own in Tim’s Alerts will get you access to the chatroom, as well as the mobile app available to 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 most premium, upgraded version of the Tim’s Alerts program. Priced at $149.95 per month, it is a great option for those who are more involved in penny stock trading. Pennystocking Silver includes all the basic features of the previous plan, such as swing trading alerts as well as unlimited access to a rich library of more than 7,000 instructional videos, with new ones released each week.
> > Click Here to Check Out Profit.ly < <
The following video is from “Superman” Paul Scolardi: Superman Alerts
Scolardi who goes under the alias “Superman,” is a trader who has an eye for small-cap monumental stocks and crazy-accurate marketing forecasts. Since the time he started trading, Superman has amassed over $5.5 million in trading profits. Tim Sykes Past Performances
The Superman Alerts package is his offer of the most essential features and trading alerts targeted towards those who might be interested. For just $147 per month, you’ll have access to the daily stock watchlist that is premarket and the mobile app, the daily market updates in real time, and SMS and e-mail alerts.
In “Superman” Paul Scolardi: Superman Pro
For $247 per month, you can enjoy additional features and access to the extensive knowledge base of information provided by Superman himself, via the Superman Pro package. Alongside the standard features included in the Alerts package, Superman Pro gives you weekly video lessonsthat include the growing collection of other previous ones. In addition you’ll also gain the ability to access premium reports on research 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 make a mark on the market, Profit.ly has the right amount of resources to help you up and running. The platform has three membership tiers that are designed to accommodate traders at different levels. Let’s look at what the 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. As you sign to this plan, you will be immediately given a slew of robust and vital trading tools, each of which is essential to keep your fingers on what we call a competitive process in and of itself.
Some of the features you can do with Profit.ly’s Novice package include the ability to verify the results of your trades and track profit and follow-up, leading and even texting other traders; and leaving feedback on today’s trades. You’re also allowed to get onto leaderboards; study the results of your analysis, sort, and filter your trades; and lastly, look at other’s stats.
The Novice plan will cost $29.95 per monthly payment. Although it looks attractive just by the price but there’s a disadvantage. It isn’t possible to create a private account, making your actions public. If you’re looking to get the benefit of this service, you should stay tuned as we introduce to you Profit.ly’s next strategy.
Trader Plan
The Trader package allows you to use a majority of features from the novice plan. This plan allows that you can create an individual profile that allows you to share with other associates all your insights and intel in trader’s community.
Priced at $49.95/month, Profit.ly’s Trader plan will do what the name implies caters to those who desire to improve their skills in trading. As nice as it seems but there’s one important aspect that’s not included. Unlike the previous Novice package, you will not be able view other traders’ statistics, which could be a problem for some who may be looking forward to this tier. Tim Sykes Past Performances
Pro Plan
This is by far the highest expensive plan Profit.ly could offer for seasoned traders. With $74.95 per month, with a 22% discount for billing annually, this tier has everything. You get full, no-holds-barred access to all the features from the two previous plans combined.
In addition, you’ll be able to look at other people’s statistics, but you’re also given the option of creating a private profile. These two features are plus the other benefits that you can use to the fullest potential. If you’re looking for a plan that can serve you with everything you require as a skilled trader, maybe the Pro plan is the right choice for you!
Profit.ly’s Other Services
In addition to the tools for training and leaderboards, Profit.ly provides a variety of other services they provide. One of them is the online store, which lets users choose from a wide array of instructional videos that are created to provide guidance on the nuances and pitfalls of trading. The products listed in this section of the site can be purchased immediately for personal use. These include best-selling products like”Trading Tickers, “Trading Tickers” series by trader expert Tim Grittani, Timothy Sykes’s collection of DVDs and streaming-only content about penny stocking, short stocking, and other things trading-related, clips and scenes of events like the Annual Pennystocking Conference, and items from other experts in trading.
> > Click Here to Check Out Profit.ly < <
Chat rooms integrated into Profit.ly are included in Profit.ly’s variety of services and features. You may be familiar with the chat room as you will see it on social and messaging platforms in addition to a few special websites that provide live chat support. But on Profit.ly it’s seen as a area where experts and member traders can communicate and learn in real time. Every guru has their own style in running their chat rooms and in dealing with the members. Some may be laid back and not very often active, while another might be more online and communicative with their students. Think of chat rooms like Profit.ly’s version of the forum, in its essence.
Who is the best Trader for Profit.ly?
Profit.ly’s diverse range of products and features are geared towards an array of stock trader types, from beginners to experienced pros. Considering the number of offers it has to offer it is certain to have something for all.
Newbies, for instance, will appreciate Profit.ly’s collection of educational content offered throughout 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 select from the products from its online store that they can take with them wherever they go. Additionally, they can gain practical experiences by trading through the platform, however they’ll be able to realize that this is a risky game that shouldn’t be treated as an amusing pastime.
For those traders who have had decades of experience in the line, we believe Profit.ly as equally as suitable for them as it is for people who are just beginning. Although the novices might not be as well-equipped with dealing with trading issues but the experts already know the way it functions and the stack full of risks that come with it. It is ideal to utilize Profit.ly’s variety of features to their full advantage to develop their skills in trading. Like novices, they can study from the gurus as well as experts, and take advantage of simple tips and hints to help them along.
Profit.ly’s ‘all-together’ nature doesn’t just apply to newbies as well as semi-seasoned traders. Experts who have been verified can also participate in the enjoyment! Trade professionals who are on similar levels to Superman or Tim Sykes can also use up Profit.ly’s capabilities to showcase their skill to others as a way to help navigate them through the ever-changing trading process. Tim Sykes Past Performances
Profit.ly’s Pros and Cons
The Pros
- Profit.ly’s numerous capabilities as a “one-stop” platform for trading stocks allows traders across the globe with an abundance of knowledge, communication, and trading tools
- You’ll receive excellent training and advice from the company’s in-house gurus, including libraries of educational videos and real-time trading activities
- You can be sure of complete transparency through Profit.ly with precise analytics as well as fellow traders that are waiting to reach you when something goes wrong.
- The platform’s leaderboard feature gives you the chance to establish your credibility as a trustworthy and dependable trader
- In addition to its primary features, Profit.ly also gives its users extra options to suit their individual preferences, for instance, posting unverifiable trades through photographs
- Profit.ly’s wide array of subscription plans and guru packages are priced at affordable rates There’s something for every person
The Cons
- Profit.ly’s numerous packages and products offered may seem overwhelming for a lot of its customers
- If traders decide to make any type of trade, there is a possibility that some of them will profit by selecting the best trades in order to improve their ratings This could be a concern that should not be simply overlooked
- Profit.ly does not offer refunds, as its premium users will immediately benefit from the many services that the platform can provide
> > Click Here to Check Out Profit.ly < <
The Final Verdict The Final Verdict: Is Profit.ly Valued?
If we could think of an appropriate answer for this query, it would be yes. But you need to understand that the platform should not be used as a quick-fix scheme to make money. It wasn’t intended to be created in this way. Instead, you should have an open mind. Tim Sykes Past Performances
What we are referring to by ‘yes’ is that it can be a great learning tool. For those who are struggling, they could be able to find Profit.ly’s variety of resources useful in their efforts to incur lesser loss and perform better than before. It’s not only the struggling traders who will profit from the platform. It can accommodate beginners and even experts!
So, if you genuinely want to become better at trading and wish to learn from your mentors and peers on the way, you should look no further than Profit.ly. Profit.ly is a fantastic option to begin.
FAQ Tim Sykes Past Performances
What are the best ways to use Profit.ly to publish your trades?
Profit.ly has a trade entry portion within the ‘My Trade category on the dashboard which lets you post your trades, either verified or not. You may choose between three options:
- Linking your account to the broker of choice and import transactions directly through there
- Manually entering your trades into provided spaces and specifics
- Upload a screenshot of your transactions
How do I know whether the trade can be verified or not?
If you purchase your trade from a trusted brokerage, there is an excellent probability that it’s verifiable. This is shown by the small blue check. If you post it in a manual way or by taking images, it will be assigned as unverified.
The downside of having an unauthenticated trade is the possibility of receiving negative feedback from fellow peers. If you receive too many negative votes, it could cause you to show up in the Madoff leaderboard, where people can detect who’s being fraudulent in posting trades.
Are the Profit.ly mobile app still available?
As of this writing, Profit.ly is still available to download from the App Store for Apple and the Google Play store. The mobile version of the app is compatible with the majority of operating tablets and smartphones.
How many are using Profit.ly?
Profit.ly is currently home to over 150,000 traders and investors, as they not only are seeking to make the most profit but also assist each other to develop and grow in their ability to take advantage of opportunities in the stock market both right and left.
