Stock trading is a high-stakes game. Some days, you could have the benefit of positive and satisfactory numbers. However, on other days, the opposite may happen and it could be very difficult to return to the point you were at your best. If you find yourself always in the mud it is important to realize that relying on pure instinct and preservation might not be enough.
If you’ve suffered loss from time to time and you’re likely to require solid advice from seasoned and tested trading experts. Also, you’ll need an important boost from trading partners from all over the world, which is why we’ve found an option that can help you to improve your performance within the field. In this review, we’ll be taking the time to 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 Phone Number
User Experience: 4.5/5
Profit.ly offers an internet-based trading service that allows traders of different levels to be knowledgeable and accountable, as well as transparent and to build relationships with each other by offering a wide variety of tools and features including trade verification, chat rooms, and an enriched library of educational material.
What exactly is Profit.ly?
Profit.ly is a trading site that serves both as a learning and training platform for those who are starting out and as a hub for traders who are experienced to monitor their performance using the aid of sophisticated analytics tools. It provides users with a vast variety of tools for communication and trade that help traders from every field of business connect with one another. It gives the gurus worthwhile investments within the confines of the platform. Imagine it as a social media site akin to Facebook and Reddit, but for professionals and traders.
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 transactions are legitimate and will not tolerate inauthenticity as much as it is possible. It was founded many years ago by penny expert in stock trading and investment expert Timothy Sykes, along with his colleague Michael Mosseri.
One time during his interview for Forbes magazine Sykes stated that Profit.ly was motivated by its focus “on the transparency of the entire spectrum of trades, something which has never been prior to.” The idea was, he said, serving two goals: 1.) creating public track records for all traders, not just the gurus as well as newsletter writers and students, and 2) making it possible for anyone on the platform to gain insight into both losses and wins for the trading industry’s benefit. Tim Sykes Phone Number
How Does It How Does It
Profit.ly is a subscription-based platform which allows stock traders to gain access to a multitude of features and services aimed at achieving 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 looking to invest your money to see what stocks the experts are trading in real-time, you will need to join one of Profit.ly’s deals, which we will review in the coming days.
Making an account easy: create a profile with your experiences and expertise, connect your brokerage account, and you have yourself an opportunity to make through the top of the leaderboard. Profit.ly’s leaders’ board feature as we’ve mentioned earlier was designed to offer its users an insight into the performance of the trading community as well as its gurus. It’s not just a way to demonstrate that you’re worthy to the large group of traders, as you are also able to use Profit.ly to purchase with a professional with the assurance that you’re comfortable with their expertise and the legitimacy of their claims.
If you feel uneasy with the idea of divulging the details of your broker account then you could decide to share your trades, whether verified or not, via photographs. Also included in Profit.ly is the huge selection of trading classes, the ability to view the stats of a trader’s account, and more ways to interact with your experts via chatrooms as well as email and text alerts as well as updates.
Meet Tim Sykes, the founder: Tim Sykes
Timothy Sykes is a well-renowned day trading personality who is well-known for his efforts in trades in penny stocks. According to Investopedia the term “penny stock” refers to a small-sized company’s stock that trades for just less than 5 cents per share. The trading of penny stocks could be viewed as a stepping stone for small-scale businesses to make the transition into a larger market because it gives them access to money from the public. But don’t make the mistake of thinking that it can also be 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 trading professional. When he was 25 years old, he had been given greater exposure and an even wider reach of influence as a participant in the reality series “Wall Street Warriors.” Then, he made use of the show 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 place of transparency and to allow the community to rise and compete through the platform.
The Profit.ly Gurus
One of Profit.ly’s most appealing features is the vast array of education tools, trade alerts and other useful stuff offered by the company’s internal gurus. Gurus are referred to the experts in trading who have made substantial amounts of money through their years of knowledge. Tim Sykes Phone Number
At its peak, Profit.ly had housed up to five gurus, each of them a pro in their niche within the world of trading. Some of the most famous experts were Connor Bruggermann, Nathan Michaud of Investors Underground, and Triforce among others. As of this writing, 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 packaged offers each guru can offer.
From Tim Sykes Tim Sykes: Tim’s Alerts
Sykes provides a basic stock trading service 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 see him concentrate on the basic stock catalysts and employ them to predict the next move that is possible when trading.
A single purchase of Tim’s Alerts will get you access to the chatroom, as well as the mobile app available on iOS and 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, with an upgraded version of Tim’s Alerts package. At $149.95 monthly, it is the perfect plan for those who are more invested in investing in penny stocks. Pennystocking Silver comes with all the standard features that were included in earlier plans including alerts for swing trading and access to an extensive collection of more than 7,000 educational videos that are updated every week.
The following video is from “Superman” Paul Scolardi: Superman Alerts
Scolardi who goes under the name “Superman,” is a professional in swing trading with an eye for both small-cap monumental stocks and crazy-accurate marketing forecasts. Through the years since when he first started trading, Superman has amassed over $5.5 million in all-time trading profits. Tim Sykes Phone Number
The Superman Alerts plan is an package of vital features and trading alerts targeted toward those who may be interested. For $147 per month, you’ll gain an access to the day-to-day premarket stock watchlist as well as the mobile application, daily market commentary in real-time, as well as E-mail and SMS 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 Superman Pro. Superman Pro package. In addition to the basic features included in the Alerts plan, Superman Pro gives you weekly video lessonsthat include a growing library of all the previous ones. On top of that you’ll also have an access to high-quality research papers as well as an IPO and earnings tracker.
Profit.ly Plans and Costs
If you’re ready to join the trading community on the internet and leave your mark on the field, Profit.ly has the right amount of resources to get you going. Profit.ly offers three membership levels, each designed for traders of different levels. Let’s take a look at what these three levels are and what they’ll cost you.
This package for novices is Profit.ly’s beginning-of-the-line plan specifically for those who are new to the trading world. When you sign to this plan you’ll be provided with a variety of powerful and vital trading tools, all of them integral in keeping your hands on what we call a competitive procedure in its own.
Among the list of things you can accomplish using Profit.ly’s Novice program is the ability to verify the results of your trades and track profit and follow-up, leading and even chatting with your fellow traders, as well as leaving feedback on today’s trades. You can also get on leaderboards, analyze, sort, or filter the trades you make and lastly, look at the statistics of other traders.
The Novice plan will cost $29.95 per monthly payment. While it may look attractive for the price alone however, there’s a drawback. You can’t create a private account, making your actions public. If you’re looking to gain access to this feature, you should stay tuned as we introduce to you Profit.ly’s new plan.
The Trader Plan
The Trader package allows you to take advantage of a majority of features from the Novice plan. In this plan, that you are able to create an individual profile that allows you for sharing with fellow associates all your insights and intel in this trading group.
Costing $49.95/month, Profit.ly’s Trader plan will do what the name implies caters for those looking to develop their expertise in trading. While it’s nice, there is one significant feature that is missing. Unlike the previous Novice package, this one won’t be able to view the statistics of other traders that could be a problem for those who are anticipating this level. Tim Sykes Phone Number
The Professional plan can be described as the most premium package that Profit.ly could offer for seasoned traders. It costs $74.95 per month, which includes an additional 22% discount when billed annually This plan offers everything. You will have full, unrestricted access to all options of the prior plans.
In addition, you’ll be able to view other people’s stats, but you’re also given the opportunity to create an individual profile. Both of these features, on top of all the advantages that you can utilize to their fullest capacity. If you’re in search of an option that gives you with everything you require as a skilled trader, maybe the Pro tier could be the right choice for you!
Profit.ly’s Other Services
Apart from the provided training tools and the leaderboards, Profit.ly offers a number of other services they provide. One of these is its online store, where customers can pick from a range of instructional videos that are that are designed to educate and guide you through the nuances and pitfalls of trading. Each of the offerings listed on this page of the website is available to be immediately purchased for personal use. Among these products include best-sellers like the “Trading Tickers” series by trading professional Tim Grittani, Timothy Sykes’s collection of DVDs, streaming-only content about penny stocking, short stocking, and other aspects of trading. There are also clips and clips from the Annual Pennystocking Conference, and items from other experts in trading.
Chat rooms integrated into Profit.ly are included in Profit.ly’s range of services and features. You are probably familiar with the concept of chat rooms since you can see it across messaging and social platforms, and also on a few specialty websites that offer live chat assistance. But on 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 style in operating their chat room and dealing with the members. Some may be laid back and not very often active, while another may be more interactive and online in their interactions with students. Consider chatrooms as Profit.ly’s version of a forum, in its essence.
Who is the Ideal Trader for Profit.ly?
Profit.ly’s wide range of products and features caters to an array of stock traders, from novices to experienced professionals. Given the wide range of options it can provide, the platform surely has something for every person.
Newbies, for instance, will appreciate Profit.ly’s library of learning materials available across the platform. They will also be provided with videos every week and chat room tips from the in-house experts and their members. They’ll also be able pick from the merchandise available from its online store for them to take wherever they may travel. They can also gain hands-on experience trading on the platform, however they’ll realize that this is a high stakes game that should not be viewed as an opportunity to make fun of.
For the traders with decades of experience in the road, we consider Profit.ly as equally as suitable for them as it is for those who are just starting. While novice traders may not be as adept at managing trading but the experts already know the way it functions and the plethora of risks that come with it. It is ideal to make use of Profit.ly’s array of features to their best advantage to enhance their skills in trading. As beginners, they are able to learn from the experts and experts and utilize those quick tips and tidbits along the way.
Profit.ly’s “all-inclusive” nature isn’t limited to novices or semi-experienced trader. Verified experts can also join in the fun! Those in the trading industry who are on an equal level with Superman and Tim Sykes can also use the power of Profit.ly’s capabilities to display their expertise to other traders in order to guide them through the ever-illustrious trading process. Tim Sykes Phone Number
Profit.ly’s Pros and Cons
- Profit.ly’s numerous capabilities as a ‘one-stop’ stock trading platform allows traders from all over the world with an abundance of knowledge, communication, and trading tools
- You will be taught by experts and tips from the inside experts, as well as collections of educational videos as well as trading in real-time.
- You’re assured of transparency throughout Profit.ly with accurate analytics and 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 verifiable trader
- In addition to its primary capabilities, Profit.ly also gives its customers extra options that can be tailored to their preferences, such as posting trades that are not authentic by taking photographs
- Profit.ly’s wide array of subscription levels and guru packages are priced at reasonable prices There is truly something for everyone
- Profit.ly’s abundance of packages and services offered could be too much for a lot of its customers
- Since traders can choose to post any kind of trade, there is an opportunity that some them will profit by picking the most profitable trades to improve their ratings – this may be a risk that shouldn’t be simply overlooked
- Profit.ly does not offer refunds because its premium users are expected to instantly benefit from the many features the platform is able to provide
The Final Verdict is: Is Profit.ly Worth It?
If we could think of an answer to this question, it would be a ‘yes’. But it is important to realize that the platform should not be used as a scheme to get rich quick. The platform wasn’t originally intended to be created to achieve this goal. Instead, you need to have the ability to think with an open heart. Tim Sykes Phone Number
What we mean”yes” is that it can be a great learning tool. Those who may be stuck could discover Profit.ly’s variety of resources useful in their efforts to avoid losses and perform better than before. It’s not only the struggling traders who will benefit from this platform. It will be able to accommodate beginners as well as even experts!
So, if you genuinely care about being a better trader and want to learn from your fellows and gurus along the way, then look no further – Profit.ly may be a great choice to start.
FAQ Tim Sykes Phone Number
How can you make use of Profit.ly to make your trades public?
Profit.ly has an entry section for trades within the My Trade’ category of the dashboard which allows you to post your trades, verifiable or otherwise. You may choose between three options:
- Linking your account with your brokerage of choice and then importing trades directly from there
- Manually entering your trades into the spaces provided and details
- 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 reputable brokerage, there is an excellent likelihood that it can be verified. This is shown by the blue check mark. If you post it manually or through screenshots, it will automatically be classified as unverified.
The disadvantage of an unauthenticated trade is the risk of getting downvotes from your fellow peers. A large number of downvotes could cause you to be listed on the Madoff leaderboard, where users are able to identify who is dishonest in posting trades.
Does the Profit.ly mobile application still available?
As of this writing, Profit.ly is still available to download via the Apple App Store as well as 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 is currently home to over 150,000 investors and traders because they are not just trying to maximize profits but also to help one another learn and improve in acquiring opportunities in the stock market all over the world.