Stock trading can be an exciting game with high stakes. Some days, you may have the benefit of positive and satisfying numbers. On other days, however you may experience the opposite, and it may sometimes be extremely difficult to return to the point you were at your most productive. If you find yourself always in the mud You will need to realize that relying on your instincts and preserving is not always enough.
If you’ve suffered loss from time to time, you’re gonna be needing solid advice from seasoned and tested trading experts. Additionally, you’ll require an important boost from fellow traders from around the world, which is why we’ve discovered a platform that can support you to improve your performance in the industry. We’ll take 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.
Overall Rating: 4.1/5 Tim Sykes Per Year
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 enables traders of different levels to be informative, transparent, accountable, and uplifting with each other through its broad array of tools and features such as chat rooms, trade verification and a rich library of educational material.
What is Profit.ly?
Profit.ly is a trading website that functions as a learning and education platform for people who are just beginning their journey and also as a platform for experienced traders to track their performance using the aid of cutting-edge analytics tools. It provides users with a vast array of options for trade and communication, it helps traders from all walks of life network with one another. It also allows gurus to make worthwhile investments within the confines that the site. Think of it as an online social media platform similar to Facebook and Reddit, but for traders and experts.
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 valid and won’t accept fake news as long as is humanly possible. It was founded many years ago by penny stock trade expert and investment expert Timothy Sykes, along with the other expert Michael Mosseri.
One time during his appearance in Forbes publication, Sykes declared that Profit.ly was driven by its focus “on the transparency of every trade, something that has never been prior to.” The concept, he added, served two objectives: one) keeping track of public data for everyone, not just the experts, but also the newsletter writers and students as well as) giving anyone on the platform to gain insight into the losses and wins for the trading industry’s benefit. Tim Sykes Per Year
How Does It Perform?
Profit.ly follows a subscription-based model that lets stock traders gain access to a multitude of tools and services that are geared toward success. You may set up an account on the site for free, but you’re only given the capability to browse the leaderboard and observe the activities of people who aren’t gurus. If you’re ready to invest your money in order to find out what stocks the experts are trading in real-time You’ll need to join one of Profit.ly’s offerings that we’ll discuss in the near future.
The process of opening an account is simple: Create a profile with your experiences and skills, join to your brokerage account and you’ll be given the chance to climb through at the very top of the list. Profit.ly’s leaderboard feature, as we’ve mentioned earlier was designed to offer its users an insight into how the community of traders performs and its gurus. You’re not just allowed to prove that you’re worthy to the large group of traders, as you can also utilize Profit.ly to buy from a guru with the assurance that you’re comfortable in their skills and the legitimacy of their assertions.
If you feel uneasy with the concept of leaking information about your account with a brokerage, you may opt to post your trades, whether verified or not, via screenshots. In Profit.ly are a variety of trading courses, the ability to view stats in a trader’s profile as well as other ways to connect with your gurus in the chatroom, as well as text and e-mail alerts and updates.
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Meet the Founder: Tim Sykes
Timothy Sykes is a well-renowned day trader who is famously known for his efforts in trades in penny stocks. According to Investopedia Penny stock refers to a small company’s stock that trades for under $5 for each share. Penny stock trading is an opportunity for small-scale businesses to make the transition to a large marketplace as it gives them access to capital from the general public. However, don’t get it wrong – it can also be an extremely risky game, as Sykes will be able to tell you through his many years of expertise.
Since his initial beginnings in the latter years of High School, Tim Sykes has, since then, made over $6 million of profits throughout his illustrious career as a trader. When he was 25 years old, he had been given greater exposure and a larger reach of influence when he was a part of the reality TV show “Wall Street Warriors.” He then took advantage of it to develop trading rooms and penny stock themes and educational content geared toward those who are just beginning to learn about the trading field. He also helped to establish Profit.ly as a place for openness, and for the community to lift each other up and compete against each other through the platform.
The Profit.ly Gurus
One of Profit.ly’s sweet inclusions is the variety of learning tools, trade alerts and other useful stuff offered by the in-house experts of the platform. Gurus are referred to the trading experts who have made significant amounts of profit through their years of expertise. Tim Sykes Per Year
At its peak, Profit.ly had housed up to five gurus, all of them a pro within their particular field 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. At the time of 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. When we take that into account we’ll take a look at the packaged offers each guru can offer.
From Tim Sykes: Tim’s Alerts
Sykes offers a basic stock trading service with the main priority being penny-priced day trading with Tim’s Alerts. Costing $74.95 per month, you’ll see him focus on the basic stock catalysts and employ them to predict the next possible moves in trading.
A standalone purchase of Tim’s Alerts will get you access to the chatroom as well as the mobile app available on iOS and Android devices, as well as text, e-mail and push alerts as well as a daily watchlist of stocks.
from Tim Sykes: The Pennystocking Silver Package
Pennystocking Silver is the premium version, with an upgraded version of Tim’s Alerts package. It costs $149.95 per month, this is the perfect plan for those who are more involved in investing in penny stocks. Pennystocking Silver includes all the basic features of the previous plan, such as swing trading alerts and unlimited access to a rich collection of more than 7,000 educational videos, with new ones released every week.
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In “Superman” Paul Scolardi: Superman Alerts
Scolardi who is known under the alias “Superman,” is a professional in swing trading with an eye for both massive stocks of the small-cap size and insanely accurate marketing forecasts. In the time since the time he started trading, Superman has amassed over $5.5 million in total trading earnings. Tim Sykes Per Year
The Superman Alerts plan is an package of vital features and alerts on trading geared to those interested. For $147/month, you’ll get access to the daily stock watchlist that is premarket as well as 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 and access to an extensive base of knowledge of information provided by Superman himself, via his Superman Pro package. In addition to the basic features featured in the Alerts package, Superman Pro gives you weekly video lessons, including the growing collection of other previous ones. In addition you’ll also gain access to premium research reports and the IPO as well as earnings tracking tool.
Profit.ly Programs and Costs
If you’re looking to join the trading community on the internet and leave a mark in the market, Profit.ly has the right amount of resources to get you going. The platform offers three membership tiers that are designed to accommodate traders at different levels. Let’s break down what these three are and how much they’ll cost you.
Novice Plan
The Novice package is Profit.ly’s beginning-of-the-line plan specifically for those who are just beginning their journey to the trading world. Once you have signed to this plan you’ll be given a slew of robust and indispensable trading tools, each one of them essential in keeping your hands on what we can describe as a cutthroat procedure in its own.
Among the list of things you can accomplish using Profit.ly’s Novice package is the ability to verify the results of your trades and track profit and follow-up, leading and even texting your fellow traders; and giving feedback on the trades of today. You’re also allowed to get onto leaderboards; study, sort, as well as filter trades and, finally, see other people’s statistics.
The Novice plan is $29.95 per monthly payment. Although it looks attractive simply because of the price however, there’s a drawback. You can’t create a private account, making your personal information public. If you’re interested in get the benefit of this service, you should be watching for us to introduce to you Profit.ly’s next plan.
The Trader Plan
The Trader plan allows you to use the majority of features available in the Novice plan. In this plan, that you can create an individual profile that allows you to share with fellow associates all your insights and intel in the trading community.
Priced at $49.95/month, Profit.ly’s Trader plan will do what the name implies: Cater people who want to harness their expertise in trading. Although it’s a nice thing, there is one significant aspect that’s not included. In contrast to the Novice package, this one won’t be able to view other traders’ statistics this might be a drawback for those who are eager to try this new tier. Tim Sykes Per Year
Pro Plan
The Professional plan can be described as the highest expensive plan Profit.ly could offer for seasoned traders. With $74.95 each month with an additional 22% discount for annual billing, this tier has it all. You get full, no-holds-barred access to all the features of the prior plans.
You’re not only able to look at other people’s statistics as well, you’re also offered the option of creating an individual profile. Both of these options, in addition to the advantages you’ll be able to use to their fullest capacity. If you’re in search of an option that gives all the features you need to be trader with experience, the Pro plan is the right choice for you!
Profit.ly’s Other Services
Apart from the provided tools for training and leadersboards Profit.ly provides a variety of other services they offer. One of these is its online store, where customers can select from a variety of videos created to provide guidance on the nuances and pitfalls of trading. Each of the offerings listed in this section of the website is available to be purchased immediately for personal use. Some of these include bestsellers such as the “Trading Tickers” series by trader professional Tim Grittani, Timothy Sykes’s collection of DVDs, streaming-only content on penny stocking, short stocking, and all other aspects of trading. There are also clips and scenes taken from events like the Annual Pennystocking Conference, and other products by expert traders.
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The chat rooms that are integrated are also part of Profit.ly’s variety of services and features. You are probably 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 the chat room is viewed as a place where gurus and their member traders can communicate and exchange knowledge in real-time. Each guru has their style when it comes to running their chat room and dealing with the members there. One of them may be more laid back and rarely active, while another may be more active and in touch with their students. Think of chatrooms as Profit.ly’s version of the forum in the essence.
Who is the best Trader for Profit.ly?
Profit.ly’s wide range of products and features are geared towards an array of stock traders, ranging from beginners to experienced pros. Considering the number of offers it has to offer it is certain to have something for everyone.
For instance, newbies will enjoy Profit.ly’s library of learning content offered throughout the platform. In addition, they will be provided with videos every week and chat room tips from its in-house gurus and their members. They’ll also be able to choose from the items on its store online for them to take wherever they may go. Additionally, they can gain practical experience trading on the platform, however they’ll be able to realize that the process is a risky game that shouldn’t be taken as a joke.
For the traders with many years of experience down the line, we see Profit.ly equally suited to people who are just beginning. While the newbies may not be as adept at handling trading matters but the experts already know how it works and the stack full of risks that come with it. It is ideal to utilize Profit.ly’s range of features to their full advantage to improve their trading abilities. As beginners, they are able to learn from the top experts and experts , and use those simple tips and hints along the way.
Profit.ly’s ‘all-together’ nature isn’t limited to novices and semi-experienced traders. Experts who have been verified can also participate in the enjoyment! Trade professionals who are at similar levels to Superman and Tim Sykes can also use up Profit.ly’s abilities to show off their expertise to other traders in order to guide them through the ever-illustrious trading process. Tim Sykes Per Year
Profit.ly’s Pros and Pros and
The Pros
- Profit.ly’s numerous capabilities as a ‘one-stop’ stock trading platform allows it to provide traders everywhere with tons of learning tools, communication, and trading tools
- You will receive excellent training and advice from the company’s in-house gurus, including libraries of educational videos and trading in real-time.
- You’re assured of transparency throughout Profit.ly with accurate analytics and fellow traders ready to call you when something goes wrong.
- The leaderboard feature on the platform gives you a way to build your reputation as a reliable and authentic trader
- Apart from its main abilities, Profit.ly also gives its customers additional options to meet their preferences, such as posting unverifiable trades through images
- Profit.ly’s diverse range of packages and subscription levels are priced at a reasonable cost – there truly is something for all
The Cons
- Profit.ly’s abundance of products and packages offered might seem overwhelming for most of its users
- If traders decide to make any type of trade, there’s a possibility that some of them may take advantage by selecting the best trades in order to improve their ratings – this may be a problem that shouldn’t be simply overlooked
- Profit.ly will not allow refunds as the premium customers are expected to immediately benefit from the number of services the platform has to offer
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The Final Concluding Question: Is Profit.ly Valued?
If we could come up with an answer to this question, it would be an affirmative “yes”. But you need to understand that this platform shouldn’t be viewed as a quick-fix scheme to make money. The platform was not always designed to be used for this reason. Instead, you should have an open mind. Tim Sykes Per Year
What we are referring to by ‘yes’ is that it can be a great learning tool. People who are stuck might be able to find Profit.ly’s array of resources useful as they do their best to incur lesser losses and be more successful than before. It’s not only the struggling traders that will benefit from this platform. It is able to accommodate novices and even experts!
So, if you genuinely want to become a better trader and want to learn from your fellows and gurus along the way, then look no further – Profit.ly could be a good choice to start.
FAQ Tim Sykes Per Year
What are the best ways to use Profit.ly to post your trades?
Profit.ly includes the option of allowing trade entries under the ‘My Trade section of the dashboard that allows you to post your trades that are verified or not. There are three options:
- Linking your account with your broker of choice and import trades directly from there
- Manually entering your trades into specified spaces and information.
- Upload a screenshot of your transactions
How can I tell whether the trade can be verified or not?
If you purchase your trade from a reputable brokerage, there’s a high chance that it is verifiable. This is indicated with the small blue check. If you post it manually or through pictures, it will be classified as unverified.
The disadvantage of an unauthentic trade is the risk of getting downvotes from your colleagues. A large number of downvotes could cause you to be listed in the Madoff leaderboard, which is where the public can see who’s dishonest in posting trades.
Is the Profit.ly mobile app still available?
As of this writing, Profit.ly is still available to download from the Apple App Store and on the Google Play store. The mobile app version is compatible with most operating tablets and smartphones.
How many people are on Profit.ly?
Profit.ly currently houses more than 150,000 investors and traders because they are not just looking to earn maximum profits but also assist each other to learn and improve in acquiring stock market opportunities all over the world.
