The stock market can be an extremely risky game. On some days, you may be reaping the benefits of positive and satisfying numbers. On other days, however it could be the reverse and it can be extremely difficult to get back to where you were your best. If you are immersed in the water You will need to recognize that relying on pure instinct and preservation may not always be enough.
If you’ve been incurring loss from time to time and you’re likely to require reliable advice from tested and tried trading experts. Also, you’ll need an enormous boost from your trading partners from all over the globe, which is why we’ve identified a platform that can support you in your improvement within the field. We’ll take a 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. Do check out our article below, however, because it has a comprehensive overview of Profit.ly.
Overall Rating: 4.1/5 Tim Sykes Post Malone
User Experience: 4.5/5
Profit.ly offers an internet-based trading service that allows traders of different levels to be informed, transparent, accountable, and to build relationships with each other through its broad variety of tools and features like trade verification, chat rooms as well as an extensive library of educational content.
What exactly is Profit.ly?
Profit.ly is a site for trading that serves both as a learning and education platform for those who are just beginning their journey as well as a place for traders with experience to keep track of their performance with the help of cutting-edge analytics tools. Offering users a broad array of options for communication and trade that help traders from all walks of life network with each other. It gives the gurus worthy investments within the boundaries of the platform. Think of it as an online social media platform similar like Facebook and Reddit however it is geared towards traders and experts.
Profit.ly independently validates trade performance and posts all the data of them in the manner of leaderboards. The trading platform is built on trust and transparency. it guarantees that the transactions are legitimate and will not allow for fraud as much as is humanly possible. It was founded years ago by the penny stock trade expert and investment guru Timothy Sykes, along with the other expert Michael Mosseri.
One time , during an interview for Forbes magazine Sykes declared that Profit.ly was based “on the transparency of every trade, something that has never been done before.” This idea was, he said, serving two purposes: 1) creating public track records for not just the gurus and newsletter writers and students and secondly) giving everyone on the platform to be enlightened by both losses and wins to benefit the industry of trading. Tim Sykes Post Malone
How Does It How Does It
Profit.ly utilizes a subscription model that allows stock traders to have access to a range of tools and services that are geared at achieving the success of their business. It is possible to create an account on the site for free, but you’re only given the ability to navigate through the leaderboard and follow the activities of non-gurus. If you’re looking to invest your money to see which stocks the gurus are trading in real time it is necessary to join one of Profit.ly’s offerings, which we will go over shortly.
Setting up an account is easy: create an account that includes your personal information and skills, join to your brokerage account and you’ll be given an opportunity to make your way up to at the very top of the list. Profit.ly’s leaders’ board feature as mentioned previously, is designed to give its users an insight into the performance of the trading community as well as its experts. It’s not only a chance to show your worth to a large group of traders, as you are also able to use Profit.ly to purchase from a guru with the confidence that you are confident in their skills and the credibility of their assertions.
If you’re not comfortable with the idea of divulging your brokerage account, then you could choose to publish your trades, whether verified or otherwise, through pictures. Also included in Profit.ly are the vast number of trading classes and the capability to see statistics on a person’s profile, and more ways to communicate with your gurus 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 delving his hands into the penny-stock market. According to Investopedia, a penny stock is a small business’s stock that trades for just less than 5 cents per share. The trading of penny stocks is an avenue for small businesses to 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’s also an extremely risky game, as Sykes will be able to tell you through his many years of experience.
From his beginnings in his late years in high school, Tim Sykes has, since then, made over $6 million of earnings during his long and successful career as a trader. When he was 25 years old, he had been given greater exposure and an even wider influence over time as a participant in the reality show “Wall Street Warriors.” He made use of the show to develop trading rooms and penny stock themes and educational material aimed at people who are brand new to trading. He also helped establish Profit.ly as a platform for openness, and for the community to uplift and compete against each other on the platform.
The Profit.ly Gurus
One of Profit.ly’s amazing features is the variety of learning sources, 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 earned substantial profits from their combined years of knowledge. Tim Sykes Post Malone
At its peak, Profit.ly had housed up to five gurus, all of them a professional in their niche in the trading industry. Some of the most prominent experts were Connor Bruggermann, Nathan Michaud of Investors Underground, and Triforce among others. As of this writing, there are only two gurus who 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. With that taken into consideration, let’s take a look at the packaged offers each guru has to offer.
From Tim Sykes Tim Sykes
Sykes provides a basic stock trading service which focuses on penny-stock day trading via Tim’s Alerts. The cost is $74.95 for a month you will be able to see him concentrate on the fundamental stock catalysts and use them to forecast the next moves that could occur when trading.
A single purchase in Tim’s Alerts will get you access to the chatroom and the mobile app that’s available to iOS as well as Android devices; email, text, and push alerts; as well as a daily watchlist of stocks.
Tim Sykes: From Tim Sykes: The Pennystocking Silver Package
Pennystocking Silver is the premium, upgraded version of the Tim’s Alerts package. At $149.95 per month, it is an ideal plan for investors who are committed to investing in penny stocks. Pennystocking Silver includes all the basic features found in the previous plan, such as swing trading alerts as well as unlimited access to a rich collection of more than 7,000 educational videos and new videos released every week.
From “Superman” Paul Scolardi: Superman Alerts
Scolardi who is known under the alias “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 the time he started trading, Superman has amassed over $5.5 million in total trading earnings. Tim Sykes Post Malone
The Superman Alerts package is his offering of essential features and alerts on trading geared toward those who may be interested. For $147/month, you’ll get access to the daily premarket stock watchlist and the mobile app, the daily market commentary shown in real-time, and email and SMS alerts.
In “Superman” Paul Scolardi: Superman Pro
At $247/month, you get additional features, as well as access to an extensive base of knowledge that is provided by Superman himself through the Superman Pro package. In addition to the basic features that are included in the Alerts plan, Superman Pro gives you weekly video lessons, including a growing library of all the previous ones. Additionally you’ll also have access to premium research reports and the IPO or earnings monitor.
Profit.ly Plans and Costs
If you’re looking 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 up and running. The platform has three membership levels, each designed for traders of different levels. Let’s look at what the three levels are and what they will cost you.
The Novice package is Profit.ly’s beginning-of-the-line plan specifically for people who are brand new to the trading world. Once you have signed to this plan, you will be immediately provided with a variety of powerful and indispensable trading tools, each one of them essential in keeping your hands on what we could call a ruthless procedure in its own.
The list of features you can do with Profit.ly’s Novice package include the capability to check trades and track profits as well as leading, following and even texting other traders; and providing feedback on trades today. You can also get on leaderboards, analyze, sort, or filter the trades you make and, finally, see the statistics of other traders.
The Novice plan will cost $29.95 per month. Although it looks attractive for the price alone, there is a downside. You aren’t able to create a personal account, making your actions public. If you do want to get access to this feature, stay tuned as we introduce to you Profit.ly’s new plan.
The Trader package allows you to take advantage of many of the features of The Novice package. In this plan, that you can create an account that is private to share with fellow associates all your 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 develop their trading skills. Although it’s a nice thing, there is one significant aspect that’s not included. In contrast to the Novice package, you will not be able to see other traders’ stats that could be a problem for some who may be looking forward to this tier. Tim Sykes Post Malone
The Professional plan can be described as the highest premium package that Profit.ly could offer for seasoned traders. At $74.95 per month, with 22% off when billed annually, this tier has everything. You get full, no-holds-barred access to all the features from the two previous plans.
In addition, you’ll be able to view other people’s stats, but you’re also given the option of creating your own private profile. These two features are in addition to the advantages that you can utilize to the fullest potential. If you’re looking for an option that gives all the features you need to be trader with experience, the Pro tier could be ideal for you!
Profit.ly’s Other Services
In addition to the tools for training and leaderboards, Profit.ly offers a number of additional services that it can offer. One of them is the online store, which lets users choose from a wide array of videos that are designed to educate and guide you through the ins and outs of trading. The products listed on this page of the site can be bought immediately for your personal use. These include best-selling products like”Trading Tickers, “Trading Tickers” series from trading professional Tim Grittani, Timothy Sykes’s collection of DVDs and streaming-only content about short stocking, penny stocking, and all other aspects of trading. There are also clips and scenes of events like the Annual Pennystocking Conference, and other products by expert traders.
The chat rooms that are integrated are included in Profit.ly’s range of features and services. You’re probably familiar with the chat room as you can see it across social and messaging platforms, and also on a few specialty websites that offer live chat support. However, in Profit.ly it’s seen as a real-time space where experts and their members can interact and learn in real time. Every guru has their own style in operating their chat room and dealing with the listed members. Some may be a laid-back person who is less active, while another may be more online and communicative in their interactions with students. Consider chat rooms like Profit.ly’s version of the forum, in the essence.
Who is the best trader to Profit.ly?
Profit.ly’s diverse range of products and features caters to an array of stock traders, from beginners to experienced pros. With the variety of deals it offers, the platform surely has something for every person.
For instance, newbies will enjoy Profit.ly’s library of learning content offered throughout the platform. They will also be provided with videos every week and chat room advice by its internal gurus and their members. Additionally, they can choose from the items from its online store to carry with them wherever they travel. Additionally, they can gain practical experiences by trading through the platform, but eventually they’ll be able to realize that the process is a high-stakes game that shouldn’t be treated as a joke.
For those traders who have had many years of experience down the line, we believe Profit.ly equally suitable for them as it is for people who are just beginning. Although the novices might not be as proficient in managing trading, the pros already understand the way it functions and the risky mix that come with it. It is ideal to make use of Profit.ly’s array of features to their full advantage to enhance their skills in trading. As beginners, they are able to study from the gurus and experts and utilize those short tips and tricks throughout the process.
Profit.ly’s “all-in” approach isn’t limited to novices and semi-experienced traders. Certified experts can also take part in the fun! People in the trade industry who are at the same level as Superman or Tim Sykes can also use up Profit.ly’s abilities to show off their expertise to other traders as a way to help assist them in the ever-changing trading process. Tim Sykes Post Malone
Profit.ly’s Pros and Pros and
- Profit.ly’s diverse capabilities as a ‘one-stop’ platform for trading stocks allows traders across the globe with a wealth of education, communication, and trading tools
- You get to receive excellent training and tips from the inside experts, as well as video libraries that teach you how to learn and real-time trading activities
- You’re assured of transparency throughout Profit.ly with accurate analytics as well as other traders that are waiting to reach you out if something occurs.
- The leaderboard feature on the platform gives you the opportunity to increase your credibility as a trustworthy and authentic trader
- In addition to its primary features, Profit.ly also gives its users extra options to suit their needs, like posting unverifiable trades through screenshots
- Profit.ly’s variety of packages and subscription levels are priced at a reasonable cost There is truly something for every person
- Profit.ly’s numerous products and packages offered might not be enough for a lot of its users
- Since traders can choose to open any kind of trade, there’s an opportunity that some them could profit from cherry-picking the best trades to increase the rating This could be a problem that shouldn’t be ignored.
- Profit.ly will not allow refunds because the premium customers are expected to instantly take advantage of the numerous features the platform is able to provide
The Final Verdict: Is Profit.ly Valued?
If we could think of the answer, it would be yes. However, you must realize that it shouldn’t be treated as a scheme to get rich quick. It wasn’t designed to be used in this way. Instead, you need to have an open mind. Tim Sykes Post Malone
What we do mean by ‘yes’ is that it could be a useful learning tool. People who are stuck might discover Profit.ly’s range of resources helpful in their efforts to avoid losses and perform better than they did before. Not only struggling traders that will benefit from this platform. It is able to accommodate novices and even experts in the field!
If you truly want to become more successful in trading and would like to learn from your peers and experts on the way, take a look at Profit.ly. Profit.ly could be a good option to begin.
FAQ Tim Sykes Post Malone
How do you use Profit.ly to make your trades public?
Profit.ly includes a trade entry portion under the “My Trade’ category of the dashboard which allows you to post your trades, either verified or otherwise. There are three options:
- Linking your account to the brokerage of choice and then importing transactions directly through there
- Manually inputting your trades with provided spaces and specifics
- Send a screen shot of your transactions
How do I know if the trade is verifiable or not?
If you import 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 pictures, it will be assigned as unverified.
The drawback of posting an unauthentic trade is the risk of getting downvotes from your colleagues. Too many downvotes may cause you to be listed at the top of the Madoff leaderboard, where people are able to identify who is fraudulent in posting trades.
Is the Profit.ly mobile application still available?
As of this writing, Profit.ly is still available to download from the App Store for Apple and the Google Play store. The mobile app version is compatible with most functioning tablets and smartphones.
How many people are currently connected to Profit.ly?
Profit.ly currently houses more than 150,000 traders and investors, as they not only are trying to maximize profits but also assist each other to develop and grow in their ability to take advantage of opportunities on the stock market both right and left.