Stock trading is an exciting game with high stakes. On certain days, you may enjoy the benefits of positive and satisfying numbers. However, on other days, the opposite may happen and it could be very difficult to return to the point you were at your most productive. If you’re constantly stuck in the gutter it is important be aware that relying solely on pure instinct and preservation might not be enough.
If you’ve been incurring loss from time to time, you’re gonna be needing solid advice from seasoned and tested trading experts. Also, you’ll need an enormous boost from your colleagues in the market from all over the globe. That’s why we’ve found a platform that can support you in your improvement in the market. This review will 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 Penny Stock Frameworkl
Users Experience 4.5/5
Profit.ly is an online trading platform that permits traders of various levels to be informed, transparent, accountable, and encouraging each other through its broad range of features and tools including trade verification, chat rooms as well as an extensive library of educational content.
What is Profit.ly?
Profit.ly is a trading site that functions as a training and learning platform for people who are just beginning their journey and as a hub for experienced traders to track their performance with the help of sophisticated analytics tools. Offering users a broad variety of tools to facilitate trade and communication, it helps traders from all walks of life network with each other. It gives the gurus an opportunity to invest in the right areas that the site. Think of it as the social media equivalent the likes of Facebook and Reddit, but for experts and traders.
Profit.ly independently validates trade performance and then publishes the information from them in the style of leaderboards. The platform’s trading model is based on trust and transparency. it ensures that the transactions are legitimate and will not allow for fraud as much as possible. It was founded in the past by penny stock trade expert and investment expert Timothy Sykes, along with the other expert Michael Mosseri.
In an interview with Forbes magazine Sykes declared that Profit.ly was based “on showing the entire spectrum of trades, something which has never been previously done.” The concept Sykes said served two objectives: one) keeping track of public data for everyone, not just the experts and students and newsletter writers, and 2) giving everyone on the platform to gain insight into both the wins and losses for the trading industry’s benefit. Tim Sykes Penny Stock Frameworkl
How Does It Perform?
Profit.ly follows a subscription-based model that lets stock traders gain access to a multitude of features and services aimed at achieving success. It is possible to create an account on the site at no cost, however you’re limited to the ability to navigate through the leaderboard and observe the actions of non-gurus. If you’re ready to invest your money and see which stocks the gurus are trading in real time, you will need to sign up to one of Profit.ly’s deals, which we will discuss in the near future.
Setting up an account is easy: create a profile with your experiences and knowledge, then connect to your brokerage account, and you’ll have the chance to climb your way to the top of the leaderboard. Profit.ly’s leaderboard feature, as mentioned previously was designed to offer its users a glimpse of how the community of traders performs as well as its experts. You’re not just allowed to prove value to a large group of traders. You are also able to use Profit.ly to shop from a guru with the assurance that you’re confident with their expertise and the credibility of their assertions.
If you’re not comfortable with the idea of divulging information about your account with a brokerage, you may choose to publish your trades, either verified or not, by taking photographs. In Profit.ly is the huge selection of trading courses, the ability to view the stats of a trader’s account and other methods to communicate with your gurus via chatrooms in addition to notifications via email or text as well as updates.
Meet the Founder: Tim Sykes
Timothy Sykes is a well-renowned day trader who has been famously known for his involvement in the penny-stock market. According to Investopedia Penny stock refers to a small company’s stock that trades for just less than 5 cents per share. The penny stock market is an avenue for small-scale businesses to make the transition to a large marketplace as they can access funds from the public. But don’t make the mistake of thinking that it’s also a high-risk game, which Sykes will be able to tell you thanks to his years of experience.
Beginning in the latter years of High School, Tim Sykes has, since then, made over $6 million of profits through his lengthy career as trading professional. At the age of 25 Sykes was given more exposure and a wider impact when he became part of the reality show “Wall Street Warriors.” He then took advantage of it to establish trading rooms as well as penny stock themes and educational material aimed at people who are brand new to trading. He also helped 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 useful stuff offered by the platform’s in-house gurus. Gurus are referred to experts in the field of trading who have made substantial amounts of money through their years of knowledge. Tim Sykes Penny Stock Frameworkl
At its peak, Profit.ly had housed up to five gurus, all of them a pro in their field of expertise in the trading industry. Some of the most prominent gurus included Connor Bruggermann, Nathan Michaud of Investors Underground, and Triforce, among a few others. At the time of writing however, only two gurus remain on the platform: Founder and penny stock trader Tim Sykes and veteran smallcap swing trader Paul Scolardi, also known as Superman. In light of that we’ll take a look at what packaged deals each guru has to offer.
From Tim Sykes: Tim’s Alerts
Sykes offers an essential stock trading service that focuses on penny-stock day trading via Tim’s Alerts. At $74.95 monthly, you’ll be able to be able to see him concentrate on the fundamental stock catalysts and use them to forecast the next move that is possible when trading.
A single purchase in Tim’s Alerts will get you access to the chatroom and the mobile application that is available to iOS as well as Android devices, text, e-mail and push alerts; and a daily stock watchlist.
From Tim Sykes: The Pennystocking Silver Package
Pennystocking Silver is the highest-quality version that has been upgraded of the Tim’s Alerts package. At $149.95 per month, this is a great option for those who are invested in the penny-stock market. Pennystocking Silver includes all the basic features that were included in the previous plan, which includes swing trading alerts and unlimited access to an extensive library of over 7,000 educational videos and new videos released each week.
From “Superman” Paul Scolardi: Superman Alerts
Scolardi who is known under the name “Superman,” is a swing trading professional with 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 total trading profits. Tim Sykes Penny Stock Frameworkl
The Superman Alerts plan is his offer of the most essential features and trading alerts targeted toward those who may be interested. For just $147 per month, you’ll have an access to the day-to-day premarket stock watchlist as well as the mobile app, the daily market commentary shown in real time, and email and SMS alerts.
From “Superman” Paul Scolardi: Superman Pro
At $247/month, you get additional features and access to a knowledgeable base of information 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 daily video lessons, which include an ever-growing library of previous lessons. Additionally you’ll also gain access to premium research reports as well as the IPO and earnings tracker.
Profit.ly Plans and Costs
If you’re looking to join the trading community on the internet 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 levels, each designed for traders with different levels. Let’s look at what the three levels are and what they’ll cost you.
The package called Novice is Profit.ly’s beginning-of-the-line plan specifically for those who are just beginning their journey to the trading community. 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 can describe as a cutthroat procedure in its own.
The list of features you can do with Profit.ly’s Novice program is the ability to verify trades and track profits; leading, following, and even messaging your fellow traders; and giving feedback on the trades of today. It also allows you to be onto leaderboards; study your trades, sort as well as filter trades; and, finally, see the statistics of other traders.
The Novice plan will cost $29.95 per monthly payment. Although it looks attractive just by the price, there is a downside. You can’t create a private account, making your activities publicly available. If you’re interested in gain an account with this option, you should keep an eye on us as we present to you Profit.ly’s next plan.
The Trader Plan
The Trader plan allows you to take advantage of many of the features of the novice plan. In this plan, that you can set up an individual profile that allows you to share with fellow associate users all the insights and intel in trader’s community.
The price is $49.95/month, Profit.ly’s Trader plan does what the name suggests caters people who want to improve their trading skills. 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 the statistics of other traders this might be a drawback for those looking forward to this tier. Tim Sykes Penny Stock Frameworkl
This is by far the most expensive plan Profit.ly can offer to experienced traders. With $74.95 each month with an additional 22% discount for billing annually, this tier has everything. You get full, no-holds-barred access to all features of the prior plans.
Not only do you get to view other people’s stats and data, but you also have the chance to create an individual profile. Both of these features, in addition to the advantages that you can utilize to the maximum extent. If you’re looking for an option that gives you everything you need as an experienced trader, the Pro level is for you!
Profit.ly’s Other Services
Apart from the provided trainer tools and Leaderboards Profit.ly has a few other services they provide. One of these is its online store, which lets users pick from a range of videos designed to inform and help you understand the ins and outs of trading. The products listed on this page of the website can be immediately purchased for personal use. Among these products include best-sellers like”Trading Tickers, “Trading Tickers” series from trading professional Tim Grittani, Timothy Sykes’s collection of DVDs, streaming-only content on penny stocking, short stocking, and other things trading-related, clips and clips from the Annual Pennystocking Conference, and products from other expert traders.
The integrated chat rooms are as well part of Profit.ly’s variety of services and features. You’re probably familiar with chat rooms since you can find it throughout messaging and social platforms, as well as some specialty websites that offer live chat assistance. However, in Profit.ly, it is seen as a space where experts and their members can interact and exchange knowledge in real-time. Every guru has their own way in operating their chat room and dealing with the members. Some may be laid back and rarely active, while another may be more online and communicative with their students. Think of chat rooms as Profit.ly’s version of the forum, in essence.
Who is the best trader to Profit.ly?
Profit.ly’s diverse range of products and features cater to a large variety of stock traders, ranging from novices to experienced professionals. Given the wide range of options it offers it is certain to have something for everyone.
Newbies, for instance, can take advantage of Profit.ly’s collection of educational content offered throughout the platform. Not only will they get daily videos and chat room advice by its internal gurus and members. Additionally, they can select from the products in its online store for them to take wherever they go. They can also gain hands-on experience trading on the platform, however they’ll realize that this is a risky game that shouldn’t be treated as an opportunity to make fun of.
For those traders who have had years of exposure down the line, we see Profit.ly equally suited to them as those who are just starting. Although the novices might not be as adept at dealing with trading issues, the pros already understand how it works and the plethora of risks associated with it. Ideally, they may utilize Profit.ly’s range of features to their best advantage to enhance their skills in trading. Like novices, they can learn from the experts as well as experts, and take advantage of simple tips and hints throughout the process.
Profit.ly’s ‘all-together’ nature does not only apply to beginners and semi-experienced traders. Experts who have been verified can also participate in the excitement! Trade professionals who are at the same level as Superman or Tim Sykes can also use Profit.ly’s capabilities. Profit.ly’s capabilities to showcase their expertise to other traders as a way to help navigate them through the ever-changing trading process. Tim Sykes Penny Stock Frameworkl
Profit.ly’s Pros and Pros and
- Profit.ly’s diverse capabilities as a “one-stop” stock trading platform enable traders from all over the world with an abundance of knowledge communications, trading, and communication tools
- You’ll be provided with excellent lessons and advice from the company’s internal experts, which include collections of educational videos as well as live trading activity.
- You’re guaranteed transparency throughout Profit.ly with precise analytics as well as other traders who are ready to reach you when something goes wrong.
- The leaderboard feature on the platform gives you the opportunity to increase your credibility as a trustworthy and verifiable trader
- Apart from its core features, Profit.ly also gives its customers extra options that can be tailored to their needs, like posting trades that are not authentic by taking images
- Profit.ly’s variety of subscription levels and guru packages are priced at a reasonable cost There is truly something for everyone
- Profit.ly’s abundance of packages and products offered may seem overwhelming for most of its customers
- Since traders can choose to open any kind of trade, there’s the possibility that some of them will profit by picking the most profitable trades to increase the rating this could be a concern that should not be ignored.
- Profit.ly will not allow refunds because its premium users are expected to instantly benefit from the many features the platform is able to offer
The Final Concluding Question is: Is Profit.ly Valued?
If we were able to come up with the answer, it would be a ‘yes’. But it is important to realize that the platform should not be used as a get-rich-quick scheme. It wasn’t intended to be created in this way. Instead, you should have curiosity. Tim Sykes Penny Stock Frameworkl
What we are referring to by ‘yes’ is that it can be a great learning tool. For those who are struggling, they might be able to find Profit.ly’s range of resources helpful in their efforts to reduce losses and be more successful than they did before. It’s not only the poor traders that can benefit from this platform. It will be able to accommodate beginners as well as even experts!
If you really want to become better at trading and wish to be taught by your fellows and gurus along the way, then look no further – Profit.ly could be a good option to begin.
FAQ Tim Sykes Penny Stock Frameworkl
How do you use Profit.ly to post your trades?
Profit.ly has an entry section for trades within the My Trade section of the dashboard which lets you post your trades, either verified or not. There are three choices:
- Linking your account with your brokerage of choice and then importing transactions directly through there
- Manually entering your trades using specified spaces and information.
- Send a screen shot of your trades
How can I tell if the trade is verifiable or not?
If you import your trade from a trusted brokerage, there is an excellent chance that it is verifiable. This is evident by the blue check mark. If you post the information manually or via images, it will be assigned as unverified.
The disadvantage of an unauthentic trade is the risk of receiving downvotes from friends and colleagues. Too many downvotes may cause you to show up on the Madoff leaderboard, which is where the public can see who’s untruthful in submitting trades.
Does the Profit.ly mobile app still available?
At the time of writing, Profit.ly is still available to download from the Apple App Store as well as 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 investors and traders, as they not only are 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.