Stock trading is an extremely risky game. On certain days, you might have the benefit of positive and satisfying numbers. However, on other days you may experience the opposite and it could be extremely difficult to get back to where you were at your peak. If you find yourself constantly stuck in the gutter, you will have to recognize that relying on your instincts and preserving is not always 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 fellow traders from around the globe. That’s why we’ve discovered an online platform that will help you in your growth within the field. We’ll take the time to 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 Portal
Value: 4.1/5
Quality: 4.1/5
Costs: 4.1/5
User Experience: 4.5/5
Summary
Profit.ly can be described as an online platform for trading that permits traders of different levels to be knowledgeable, transparent, accountable, and uplifting with each other through its broad variety of tools and features including trade verification, chat rooms and a rich library of educational content.
How do I define Profit.ly?
Profit.ly is a trading website that serves both as a training and learning platform for traders who are just beginning their journey as well as a place for traders who are experienced to monitor their performance with the help of cutting-edge analytics tools. Providing users with a wide array of options to facilitate trade and communication and letting traders from all walks of life network with one another. It offers gurus with worthwhile investments within the confines of this platform. Consider it a social media site akin like Facebook and Reddit however it is geared towards professionals and traders.
Profit.ly independently validates trade performance and publishes all data of them in the manner of leaderboards. The platform’s trading model is based on honesty and transparency: it ensures that the trades are valid and won’t accept fake news as long as possible. It was created in the past by penny expert in stock trading and investment guru Timothy Sykes, along with the other expert Michael Mosseri.
In an appearance in Forbes publication, Sykes said that Profit.ly was based “on the transparency of all trades, something that was never previously done.” The concept, he added, served two goals: 1.) keeping track of public data for everyone, not just the experts as well as newsletter authors and students, and 2) allowing anyone on the platform to gain insight into the losses and wins for the trading industry’s benefit. Tim Sykes Portal
How Does It Perform?
Profit.ly is a subscription-based platform that allows stock traders to have access to a range of tools and services that are geared towards achieving achievement. You can create an account on the site at no cost, however 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 what stocks the experts are trading in real time it is necessary to sign up to one of Profit.ly’s offers that we’ll discuss in the near future.
Making an account easy: create a profile with your experiences and knowledge, then connect to your brokerage account and you’ll have a chance to shoot your way up to high on the leaderboard. Profit.ly’s leaders’ board feature as previously mentioned was designed to offer its users a look at how the community of traders performs and its experts. It’s not just a way to demonstrate your worth to a large group of traders, as you can also utilize Profit.ly to buy from a guru with the assurance that you’re confident with their expertise and the legitimacy of their assertions.
If you are unsure about the concept of leaking your brokerage account, you may decide to share your trades, whether verified or not, by taking screenshots. Included in Profit.ly are a variety of trading courses as well as the ability to look at the stats of a trader’s account and other methods to connect with your gurus through the chatroom in addition to notifications via email or text as well as updates.
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Meet the Founder: Tim Sykes
Timothy Sykes is a well-renowned day trading guru who has been famously known for his involvement in penny stock trading. According to Investopedia the term “penny stock” refers to a small company’s stock which trades at under $5 for each share. The penny stock market can be seen as an avenue for small-scale businesses to make the transition into a larger market because they can access capital from the public. But don’t be mistaken – it’s also a high-risk game, which Sykes can surely tell through his many years of experience.
From his beginnings at the end of his time in high school, Tim Sykes has, since then, made over $6 million of profits throughout his illustrious career as a trader. At 25 years old Sykes was given greater exposure and a larger impact when he was a part of the reality series “Wall Street Warriors.” Then, he took advantage of it to create trading rooms and penny stock themes as well as educational content targeted at those who are just beginning to learn about the trading field. He also played a role in establishing Profit.ly as a place of transparency and for the community to lift each other up and compete with each other through the platform.
The Profit.ly Gurus
One of Profit.ly’s amazing features is the wide range of education tools, trade alerts as well as other useful information provided by the in-house experts of the platform. Gurus are referred to experts in the field of trading who have proven to make significant amounts of profit from their collective years of experience. Tim Sykes Portal
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 prominent gurus included Connor Bruggermann, Nathan Michaud of Investors Underground, and Triforce, among a few others. At the time of writing only two gurus remain on the platform: Founder as well as penny-stock trader Tim Sykes and veteran smallcap swing trader Paul Scolardi, also known as Superman. In light of that Let’s look at what packaged deals each guru has to offer.
From 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 monthly, you’ll be able to see him concentrate on the fundamental stock catalysts and use them to predict the next moves that could occur when making trades.
A standalone purchase in Tim’s Alerts will get you access to the chatroom as well as the mobile application that is available on iOS as well as Android devices; email, text and push alerts and a daily stock watchlist.
from Tim Sykes: The Pennystocking Silver Package
Pennystocking Silver is the highest-quality, upgraded version of the Tim’s Alerts package. It costs $149.95 per month, it is an ideal plan for those who are invested in the penny-stock market. Pennystocking Silver offers all the essential features of the previous plan, such as swing trading alerts as well as unlimited access to a library of more than 7,000 instructional videos and new videos released weekly.
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In “Superman” Paul Scolardi: Superman Alerts
Scolardi who is known under the name “Superman,” is a professional in swing trading with an eye for both tiny-cap massive stocks as well as wildly accurate marketing forecasts. Since the time he started trading, Superman has amassed over $5.5 million in trading earnings. Tim Sykes Portal
The Superman Alerts plan is his package of vital features and trading alerts geared towards those who might be interested. For $147/month, you’ll get access daily stock watchlist that is premarket as well as the mobile app, daily market commentary in real-time, and email and SMS alerts.
From “Superman” Paul Scolardi: Superman Pro
For the price of $247, you receive additional features, plus access to the extensive knowledge base of information provided by Superman himself through the Superman Pro package. Alongside the standard features featured in the Alerts plan, Superman Pro gives you weekly video lessons, including an ever-growing library of other previous ones. Additionally you’ll also gain an access to high-quality research papers and an IPO as well as earnings tracking tool.
Profit.ly Programs and Costs
If you’re eager to join the online trading community and leave your mark on the industry, Profit.ly has the right amount of resources to get you going. Profit.ly offers three membership tiers, each designed for traders at different levels. Let’s take a look at what these three levels are and what they will 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 up for this package you’ll be provided with a variety of powerful and vital trading tools, all one of them essential in keeping your fingers on what we could call a ruthless procedure in its own.
The list of features you can do with Profit.ly’s Novice program is the ability to confirm trades and track profits and follow-up, leading and even chatting with your fellow traders; and leaving feedback on today’s trades. You’re also allowed to get on leaderboards, analyze your trades, sort as well as filter trades and lastly, look at the statistics of other traders.
The Novice plan is $29.95 per monthly payment. Although it might look appealing for the price alone, there is a downside. You can’t create a private profile, which makes your actions public. If you do want to have an account with this option, be watching for us to introduce to you Profit.ly’s next strategy.
The Trader Plan
The Trader package allows users to benefit from a majority of features from The Novice package. This plan allows that you can create a private profile to share with other associate users all the insights and intel in trader’s community.
Costing $49.95/month, Profit.ly’s Trader plan is exactly what it says: Cater for those looking to harness their trading skills. While it’s nice, there is one significant feature that is missing. Unlike the previous Novice package, you will not be able to see the statistics of other traders this could be a problem for those who are looking forward to this tier. Tim Sykes Portal
Pro Plan
This is by far the highest luxurious package Profit.ly offers to experienced traders. At $74.95 per month, with an additional 22% discount for billing annually the Pro plan has everything. You get full, no-holds-barred access to all options of the previous plans.
Not only do you get to view other people’s stats, but you’re also given the opportunity to create your own private profile. These two features are on top of all the advantages that you can utilize to the fullest potential. If you’re in search of an account that will give you with everything you require as an experienced trader, the Pro level is ideal for you!
Profit.ly’s Other Services
Apart from the provided tools for training and leadersboards Profit.ly has a few additional services that it can provide. One of those is its online store, which lets users pick from a range of video products designed to inform and provide guidance on the nuances and pitfalls of trading. Each of the offerings listed in this section of the site can be immediately purchased for personal use. Some of these include bestsellers such as”Trading Tickers,” the “Trading Tickers” series by trader professional Tim Grittani, Timothy Sykes’s collection of DVDs and streaming-only content on short stocking, penny stocking, and other related to trading, videos and clips from events like the Annual Pennystocking Conference, and items from other experts in trading.
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The integrated chat rooms are also part of Profit.ly’s range of features and services. You’re probably familiar with chat rooms since you will see it on social and messaging platforms, and also on a few specialty websites that provide live chat assistance. But in Profit.ly it’s seen as a space where experts and their members can interact and exchange knowledge in real-time. Each guru has their style in operating their chat room and dealing with the members. One of them may be a laid-back person who is less active, while another may be more active and in touch with their students. Consider chat rooms as Profit.ly’s version of the forum in the essence.
Who is the ideal Trader for Profit.ly?
Profit.ly’s variety of offerings and features are geared towards the wide range of stock trader types, from novices to the most experienced. With the variety of deals it can provide it is certain to have something for all.
For instance, newbies can take advantage of Profit.ly’s collection of educational materials available across the platform. They will also get daily videos and chat room tips from the in-house experts and members. They’ll also be able to choose from the items from its online store that they can take with them wherever they be. You can also get hands-on experiences from trading within the platform, but ultimately, they will soon learn that the process is a high-stakes game that shouldn’t be taken as a joke.
For traders who have years of exposure down the road, we consider Profit.ly as equally as suitable to those who are just starting. Although the novices might not be as proficient in dealing with trading issues however, experienced traders know how it works and the stack full of risks associated with it. It is ideal to utilize Profit.ly’s variety of options to their maximum advantage to develop their trading abilities. As beginners, they are able to learn from the top experts and experts and utilize those short tips and tricks to help them along.
Profit.ly’s “all-in” approach isn’t limited to novices or semi-experienced trader. Experts who have been verified can also participate in the fun! Those in the trading industry who are on an equal level with Superman as well as Tim Sykes can also use the power of Profit.ly’s abilities to show off their skills to others as a way to assist them in the ever-changing trading process. Tim Sykes Portal
Profit.ly’s Pros and Cons
The Pros
- Profit.ly’s numerous capabilities as a ‘one-stop’ stock trading platform allows it to provide traders everywhere with an abundance of knowledge communications, trading, and communication tools
- You will be taught by experts and insights from its in-house gurus, including video libraries that teach you how to learn and real-time trading activities
- You can be sure of complete transparency through Profit.ly with accurate analytics as well as other traders who are ready to reach you when something goes wrong.
- The leaderboard feature of the platform offers you the chance to establish your credibility as a trustworthy and authentic trader
- In addition to its primary abilities, Profit.ly also gives its users extra options to suit their preferences, such as posting unauthentic trades via screenshots
- Profit.ly’s diverse range of subscription plans and guru packages are priced at affordable rates There is truly something for all
The Cons
- Profit.ly’s numerous packages and services offered could be too much for a lot of its customers
- If traders decide to open any kind of trade, there’s the possibility that some of them may take advantage by cherry-picking the best trades to improve their ratings this could be a problem that shouldn’t be overlooked.
- Profit.ly does not offer refunds, as the premium customers will immediately benefit from the many services that the platform can provide
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The Final Concluding Question: Is Profit.ly Valued?
If we were able to come up with an appropriate answer for this query, it’s an affirmative “yes”. However, you must realize that the platform should not be used as a quick-fix scheme to make money. It wasn’t meant to be designed for this reason. Instead, you need to have the ability to think with an open heart. Tim Sykes Portal
What we mean”yes” is that it is a fantastic learning tool. For those who are struggling, they might be able to find Profit.ly’s array of resources to be helpful in their efforts to reduce losses and be more successful than they did before. It’s not just the struggling traders who will profit from the platform. It will be able to accommodate beginners as well as even experts!
So, if you genuinely care about being better at trading and wish to be taught by your fellows and gurus on the way, look no further – Profit.ly could be a good alternative to start.
FAQ Tim Sykes Portal
How can you make use of Profit.ly to make your trades public?
Profit.ly offers a trade entry portion in the “My Trade section of the dashboard which lets you record your trades that are verified or not. There are three options:
- Connecting your account to your brokerage of choice and importing the trades from that directly
- Manually entering your trades using specified spaces and information.
- Upload a screenshot of your transactions
How can I tell whether the trade is authentic or not?
If you purchase your trade through a reliable brokerage, there’s the likelihood that it can be verified. This is evident by the blue check mark. If you upload the information manually or via screenshots, it will automatically be assigned as unverified.
The disadvantage of an unauthentic trade is the risk of receiving negative feedback from friends and colleagues. A large number of downvotes could cause you to show up on the Madoff leaderboard, where people are able to identify who is dishonest in posting trades.
Does the Profit.ly mobile app still in use?
As of this writing, Profit.ly is still available to download from the App Store for Apple and on the Google Play store. The mobile version of the app is compatible with the majority of functioning tablets and smartphones.
How many people are currently using Profit.ly?
Profit.ly currently houses over 150,000 investors and traders because they are not just seeking to make the most profit but also help each other grow and learn more about acquiring opportunities on the stock market all over the world.
