The stock market can be an extremely risky game. Some days, you may have the benefit of positive and satisfying numbers. However, on other days you may experience the opposite and it can be extremely difficult to get back to where you were at your most productive. If you find yourself constantly stuck in the gutter it is important to realize that relying on your instincts and preserving might not be enough.
If you’ve experienced occasional losses, you’re gonna be needing reliable advice from tested and tried trading experts. Additionally, you’ll require an important boost from trading partners from all over the globe, which is why we’ve identified an online platform that will help you in your improvement in the market. This review will take an in-depth look at Profit.ly is a well-known 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.
Total Rating: 4.1/5 Tim Sykes Per Month
The User’s Experience 4.5/5
Profit.ly can be described as an online platform for trading that allows traders of different levels to be informed, transparent, accountable, and to build relationships with each other through its broad range of features and tools like chat rooms, trade verification as well as an extensive library of educational material.
What is Profit.ly?
Profit.ly is a site for trading which serves as a learning and training platform for people who are just beginning their journey and also as a platform for traders with experience to keep track of their performance using the aid of sophisticated analytics tools. It provides users with a vast variety of tools for trade and communication and letting traders from every field of business connect with each other. It gives the gurus an opportunity to invest in the right areas of the platform. Think of it as a social media site akin the likes of Facebook and Reddit, but for traders and experts.
Profit.ly independently verifies trade performances and publishes all data of them in the manner of leaderboards. The platform for trading is built on honesty and transparency: it makes sure that transactions are legitimate and will not allow for fraud as much as it is possible. It was created years ago by the penny expert in stock trading and investment guru Timothy Sykes, along with fellow 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.” This idea, he added, served two goals: 1.) creating public track records for everyone, not just the experts, but also the newsletter writers and students, and 2) giving all users to learn from both the wins and losses for the trading industry’s benefit. Tim Sykes Per Month
How Does It Perform?
Profit.ly is a subscription-based platform that lets stock traders benefit from a variety of services and features geared at achieving achievement. It is possible to create an account there for free, but you’re only given the capability to browse the leaderboards and monitor the activities of people who aren’t gurus. If you’re interested in investing 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 review in the coming days.
Making an account simple: 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 we’ve mentioned earlier it is designed to provide its users a look at the performance of the trading community and its experts. It’s not just a way to demonstrate value to a group of traders. You can also use Profit.ly to shop with a professional with the confidence that you are confident with their expertise and the credibility of their claims.
If you’re not comfortable with the concept of leaking information about your account with a brokerage, you can choose to publish your trades, verified or not, via photographs. Also included in Profit.ly are the vast number of trading courses as well as the ability to look at statistics on a person’s profile as well as other ways to interact with your experts via chatrooms in addition to text and e-mail alerts and updates.
Meet the Founder: Tim Sykes
Timothy Sykes is a well-renowned day trading guru who is well-known for his involvement in penny stock trading. According to Investopedia the term “penny stock” refers to a small company’s shares that trade for less than $5 per share. The trading of penny stocks can be seen as an opportunity for small companies to move into a larger market because they can access capital from the public. But don’t make the mistake of thinking that it’s also an extremely risky activity, as Sykes is sure to reveal through his many years of experience.
Since his initial beginnings at the end of his time in the high schools, Tim Sykes has, since then, made an estimated $6 million earnings throughout his illustrious career as a trader. At 25 years old Tim Sykes had received more exposure and a wider impact when he became part of the reality series “Wall Street Warriors.” He then took advantage of it to establish trading rooms as well as penny stock themes and educational content geared toward those who are new to the trading field. He also played a role in establishing Profit.ly as a platform for openness, and for the community to lift each other up and compete with each other on the platform.
The Profit.ly Gurus
One of Profit.ly’s most appealing features is the wide range of educational tools, trade alerts as well as other useful information provided by the platform’s in-house gurus. Gurus are referred to the experts in trading who have earned substantial amounts of money from their combined years of experience. Tim Sykes Per Month
At its height, Profit.ly had housed up to five gurus, each of them an expert in their field of expertise within the world 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 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. When we take that into account, let’s take a look at what packaged deals each guru offers.
From Tim Sykes Tim Sykes
Sykes offers an essential stock trading service which focuses on penny-stock day trading via Tim’s Alerts. At $74.95 per month, you’ll be able to see him concentrate on the fundamental catalysts for stocks and utilize them to forecast the next possible moves in trading.
A standalone purchase from Tim’s Alerts will get you access to the chatroom, as well as the mobile app that’s available to iOS and Android devices; texts, emails and push alerts as well as a daily watchlist of stocks.
from Tim Sykes: The Pennystocking Silver Package
Pennystocking Silver is the premium, upgraded version of the Tim’s Alerts program. Priced at $149.95 for a month this is an ideal plan for investors who are invested in penny stock trading. Pennystocking Silver comes with all the standard features of the previous plan, including swing trading alerts and unlimited access to a library of over 7,000 educational videos that are updated each week.
The following video is from “Superman” Paul Scolardi: Superman Alerts
Scolardi who is known under the name “Superman,” is a trader who has an eye for massive stocks of the small-cap size and insanely accurate marketing forecasts. In the time since he began as a trader, Superman has amassed over $5.5 million in trading profits. Tim Sykes Per Month
The Superman Alerts package is his package of vital features and trading alerts geared to those interested. For $147/month, you’ll get access daily stock watchlist that is premarket as well as the mobile application, daily market commentary shown in real-time, as well as email and SMS alerts.
From “Superman” Paul Scolardi: Superman Pro
At $247/month, you get additional features and access to an extensive base of knowledge that is provided by Superman himself via Superman Pro. Superman Pro package. On top of the essentials that are included in the Alerts plan, Superman Pro gives you weekly video lessonsthat include an ever-growing library of other previous ones. Additionally, you’ll also get an access to high-quality research papers as well as the IPO as well as earnings tracking tool.
Profit.ly Plans and Costs
If you’re ready to join the online trading community and leave your mark on the market, Profit.ly has the right amount of tools to get you going. The platform offers three membership tiers, each designed for traders of different levels. Let’s take a look at what these three tiers are and how much they will cost you.
This package for novices is Profit.ly’s entry-level plan designed especially for those who are new to the trading world. As you sign up for this package you’ll be given a slew of robust and essential trading tools, each one of them essential in keeping your fingers on what call a competitive process by itself.
Some of the features you can do using Profit.ly’s Novice package include the capability to check trades and track profits as well as leading, following, and even messaging other traders; and leaving feedback on today’s trades. You can also get onto leaderboards; study your trades, sort as well as filter trades and lastly, look at the statistics of other traders.
The Novice plan will cost $29.95 per monthly payment. Although it might look appealing 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 gain an account with this option, you should be watching for us to introduce to you Profit.ly’s next plan.
The Trader plan allows you to use a majority of features from the novice plan. It is in this plan that you can set up an account that is private to share with other associate users all the insights and intel in trader’s community.
Priced at $49.95/month, Profit.ly’s Trader plan is exactly what it says catering to those who desire to harness their skills in trading. While it’s nice but there’s one important feature that is missing. As opposed to the prior Novice package, this one won’t be able to see the statistics of other traders this could be a disadvantage for some who may be anticipating this level. Tim Sykes Per Month
The Professional plan can be described as the most luxurious package Profit.ly could offer for seasoned traders. At $74.95 each month which includes 22% off when billed annually, this tier has everything. You get full, no-holds-barred access to all the features of the previous plans combined.
In addition, you’ll be able to look at other people’s statistics and data, but you also have the option of creating an individual profile. These two features are in addition to the advantages you’ll be able to use to their fullest capacity. If you’re looking for a plan that can serve all the features you need to be a skilled trader, maybe the Pro plan is ideal for you!
Profit.ly’s Other Services
Apart from the training tools and the leaderboards, Profit.ly offers a number of additional services that it can provide. One of them is the online store, which lets users select from a variety of videos created to provide guidance on the ins and outs of trading. Each of the offerings listed in this section of the site can be bought immediately for your personal use. These include best-selling products like”Trading Tickers, “Trading Tickers” series from trading expert Tim Grittani, Timothy Sykes’s collection of DVDs and streaming-only content about short stocking, penny stocking, as well as all things trading-related, clips and clips of The Annual Pennystocking Conference, and other products by expert traders.
The integrated chat rooms are as well part of Profit.ly’s range of features and services. You are probably familiar with the concept of chat rooms since you can find it throughout social and messaging platforms, in addition to a few special websites that offer live chat assistance. However, in Profit.ly, it is seen as a space where experts and their members trade and learn in real time. Each guru has their style in operating their chat room and in dealing with the members there. One of them may be laid back and less engaged, while another could be more online and communicative in their interactions with students. Consider chatrooms as Profit.ly’s version of the 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 traders, ranging from novices to experienced professionals. With the variety of deals it has to offer, the platform surely has something for every person.
For instance, newbies will appreciate Profit.ly’s collection of educational information available on the platform. In addition, they will be enriched with weekly videos and chat room tips from the in-house experts as well as their members. They’ll also be able to select from the products in its online store for them to take wherever they may go. You can also get hands-on experience trading on the platform, but ultimately 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 years of exposure down the line, we believe Profit.ly as equally as suitable to them as the newcomers. Although the novices might not be as well-equipped with managing trading however, experienced traders know the way it functions and the stack full of risks associated with it. Ideally, they may use Profit.ly’s array of features to their best advantage to improve their skills in trading. Like beginners, they can learn from the top experts and experts , and use those short tips and tricks along the way.
Profit.ly’s ‘all-together’ nature doesn’t just apply to newbies and semi-experienced traders. Verified experts can also join in the fun! Trade professionals who are on the same level as Superman or Tim Sykes can also use up Profit.ly’s capabilities to display their expertise to other traders in order to assist them in the ever-changing trading process. Tim Sykes Per Month
Profit.ly’s Pros and Cons
- Profit.ly’s many capabilities as a “one-stop” platform for trading stocks allows it to provide traders everywhere with tons of learning communications, trading, and communication tools
- You will receive excellent training and insights from its in-house gurus, including collections of educational videos as well as real-time trading activities
- You’re guaranteed transparency throughout Profit.ly by using accurate data as well as fellow traders who are ready to reach you out whenever something happens
- The leaderboard feature on the platform gives you a way to build your reputation as a reliable and dependable trader
- In addition to its primary capabilities, Profit.ly also gives its customers additional options to meet their individual preferences, for instance, posting trades that are not authentic by taking screenshots
- Profit.ly’s wide array of subscription plans and guru packages are priced at reasonable prices There is truly something for all
- Profit.ly’s numerous packages and products offered may be too much for most of its users
- Since traders can choose to post any kind of trade, there’s an opportunity that some them could profit from picking the most profitable trades to boost their rating this could be a concern that should not be overlooked.
- Profit.ly does not accept refunds as its premium users are expected to immediately benefit from the number of services the platform has to provide
The Final Concluding Question The Final Verdict: Is Profit.ly Valued?
If we were able to come up with the answer, it would be an affirmative “yes”. But it is important to realize that it shouldn’t be treated as a get-rich-quick scheme. It wasn’t intended to be created for this reason. Instead, you need to have an open mind. Tim Sykes Per Month
What we mean”yes” is it could be a useful learning tool. Those who may be stuck might discover Profit.ly’s variety of resources helpful in their efforts to avoid loss and perform better than they did before. Not only struggling traders who will profit from the platform. It can accommodate beginners and even experts!
If you really desire to be better at trading and wish to be taught by your peers and experts on the way, take a look at Profit.ly. Profit.ly may be a great option to begin.
FAQ Tim Sykes Per Month
How do you use Profit.ly to make your trades public?
Profit.ly includes a trade entry portion under 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 brokerage of choice and importing the trades from that directly
- Manually entering your trades using provided spaces and specifics
- Upload a screenshot of your transactions
How do I know if the trade is verifiable or not?
If you import your trade from a trusted brokerage, there is the likelihood that it can be verified. This is shown by the small blue check. If you post the information manually or via pictures, it will be assigned as unverified.
The disadvantage of an unverified trade is the possibility of getting downvotes from your friends and colleagues. A large number of downvotes could cause you to be listed on the Madoff leaderboard, where users are able to identify who is fraudulent in posting trades.
Are the Profit.ly mobile app still available?
As of the moment, Profit.ly is still available to download via the Apple App Store and the Google Play store. The mobile app version is compatible with the majority of functioning tablets and smartphones.
How many people are currently on Profit.ly?
Profit.ly currently houses more than 150,000 traders and investors, as they not only are seeking to make the most profit but also help each other grow and learn more about acquiring stock market opportunities left and right.