The stock market can be an extremely risky game. On certain days, you might have the benefit of pleasing and positive numbers. However, on other days, the opposite may happen and it could be very difficult to get back to where you were at your most productive. If you find yourself immersed in the water it is important to realize that relying on pure instinct and preservation is not always enough.
If you’ve been incurring loss from time to time You’ll need reliable advice from tested and tried trading experts. Additionally, you’ll require an important boost from colleagues in the market from all over the globe. That’s why we’ve discovered an option that can help you to improve your performance in the market. This review will take an in-depth look at Profit.ly A well-respected 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.
Total Rating: 4.1/5 Tim Sykes Products Profitly
Value: 4.1/5
Quality: 4.1/5
Costs: 4.1/5
The User’s Experience 4.5/5
Summary
Profit.ly offers an internet-based trading service that permits traders of different levels to be informative and accountable, as well as transparent and to build relationships with one another through its wide array of tools and features including trade verification, chat rooms as well as an extensive library of educational material.
How do I define Profit.ly?
Profit.ly is a trading site that serves both as a training and learning platform for people who are just beginning their journey and also as a platform for traders who are experienced to monitor their performance through the use of advanced analytics tools. It provides users with a vast variety of tools to facilitate trade and communication and letting traders from all walks of life connect with each other. It offers gurus with worthy investments within the boundaries that the site. Think of it as an online social media platform similar to Facebook and Reddit but with a focus on traders and experts.
Profit.ly independently verifies trade performances and publishes all data from them in the style of leaderboards. The platform’s trading model is based on honesty and transparency: it guarantees that the trades are authentic and won’t accept fake news as long as possible. It was founded many years ago by penny stock trade expert and investment expert Timothy Sykes, along with fellow expert Michael Mosseri.
In an interview with Forbes magazine, Sykes declared that Profit.ly was driven by its focus “on showing the entire spectrum of trades, something which has never been prior to.” The idea, he added, served two goals: 1.) creating public track records for not just the gurus and newsletter writers and students as well as) making it possible for everyone on the platform to learn from both the wins and losses for the trading industry’s benefit. Tim Sykes Products Profitly
How Does It Work?
Profit.ly is a subscription-based platform that lets stock traders have access to a range of services and features geared toward the success of their business. It is possible to create an account at no cost, however you’re only given the capability to browse the leaderboard and follow the activities of non-gurus. If you’re ready 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 deals, which we will review in the coming days.
Setting up an account is simple: Create a profile with your experiences and expertise, connect your brokerage account, and you have yourself an opportunity to make your way to the top of the leaderboard. Profit.ly’s Leaderboard function, which was mentioned previously, is designed to give its users an insight into the performance of the trading community and its gurus. You’re not just allowed to prove that you’re worthy to the large group of traders, as you are also able to use Profit.ly to purchase with a guru, and have the assurance that you’re comfortable with their expertise and the legitimacy of their claims.
If you feel uneasy with the idea of sharing information about your account with a brokerage, you may opt to post your trades, verified or not, via photographs. Included in Profit.ly are the vast number of courses in trading as well as the ability to look at statistics on a person’s profile as well as other ways to communicate with your gurus via chatrooms as well as 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 personality who is famously known for his involvement in the penny-stock market. According to Investopedia the term “penny stock” refers to a small-sized company’s shares that trade for under $5 for each share. The penny stock market is a stepping stone for small businesses to transition to a market that is larger as it gives them access to money from the general public. However, don’t get it wrong – it can also be an extremely risky activity, as Sykes will be able to tell you through his many years of experience.
Beginning 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. At the age of 25 Tim Sykes had received greater exposure and a larger influence over time as a participant in the reality TV show “Wall Street Warriors.” He then made use of the show to create trading rooms and penny stock themes as well as educational content targeted at those who are just beginning to learn about trading. 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 on the platform.
The Profit.ly Gurus
One of Profit.ly’s most appealing features is the variety of education tools, trade alerts and other helpful stuff provided by the company’s internal gurus. These gurus refer to the trading experts who have made significant amounts of profit from their collective years of knowledge. Tim Sykes Products Profitly
At its peak, Profit.ly had housed up to five gurus, all of them an expert in their niche within the world of trading. Some of the 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 and penny stock trader Tim Sykes and veteran smallcap swing trader Paul Scolardi, also known as Superman. With that taken into consideration Let’s look at the packaged offers each guru can offer.
From Tim Sykes: Tim’s Alerts
Sykes provides a basic stock trading service which focuses on penny-priced day trading with Tim’s Alerts. The cost is $74.95 for a month you will be able to see him concentrate on the fundamental catalysts for stocks and utilize them to forecast the next possible moves in 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 for iOS and Android devices; email, text, and push alerts; and a daily stock watchlist.
Tim Sykes: From Tim Sykes: The Pennystocking Silver Package
Pennystocking Silver is the highest-quality, upgraded version of the Tim’s Alerts package. At $149.95 monthly, it is the perfect plan for those who are involved in penny stock trading. Pennystocking Silver offers all the essential features that were included in the previous plan, which includes swing trading alerts and unlimited access to an extensive collection of more than 7,000 educational videos and new videos released every week.
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In “Superman” Paul Scolardi: Superman Alerts
Scolardi, who goes by the alias “Superman,” is a trader who has an eye for both tiny-cap massive stocks as well as wildly 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 Products Profitly
The Superman Alerts plan is an offering of essential 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 shown in real time, and E-mail and SMS alerts.
The film “Superman” Paul Scolardi: Superman Pro
For $247 per month, you can enjoy additional features and access to the extensive knowledge base that is provided by Superman himself via Superman Pro. Superman Pro package. In addition to the basic features featured in the Alerts package, Superman Pro gives you weekly video lessons, including an ever-growing library of the previous ones. On top of that you’ll also have an access to high-quality research papers and the IPO and earnings tracker.
Profit.ly plans and costs
If you’re eager to join the world of online trading and leave a mark in the field, Profit.ly has the right amount of tools to get you going. Profit.ly offers three membership tiers that are designed to accommodate traders of different levels. Let’s break down what these three tiers are and how much they will cost you.
Novice Plan
The package called Novice is Profit.ly’s beginning-of-the-line plan specifically for those who are new to the trading community. Once you have signed up for this package, you will be immediately offered a range of strong and indispensable trading tools, each of them integral in keeping your fingers on what can describe as a cutthroat process in and of itself.
The list of features you can do with Profit.ly’s Novice program is the capability to check the results of your trades and track profit as well as leading, following and even texting other traders; and leaving feedback on today’s trades. You’re also allowed to get on leaderboards; analyze the results of your analysis, sort, or filter the trades you make; and, finally, see other people’s statistics.
The Novice plan will cost $29.95 per monthly payment. Although it might look appealing simply because of the price but there’s a disadvantage. You aren’t able to create a personal profile, which makes 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 strategy.
Trader Plan
The Trader package allows you to use the majority of features available in the novice plan. In this plan, that you are able to create a private profile to share with fellow associate users all your knowledge and knowledge you gain from trader’s community.
Costing $49.95/month, Profit.ly’s Trader plan does what the name suggests catering people who want to harness their skills in trading. As nice as it seems, there is one significant feature that is missing. As opposed to the prior Novice package, this one won’t be able view the statistics of other traders that could be a problem for those anticipating this level. Tim Sykes Products Profitly
Pro Plan
This is by far the most premium package that Profit.ly can offer to experienced traders. With $74.95 per month, with an additional 22% discount for annual billing This plan offers everything. It gives you full, unlimited access to all features from the two previous plans combined.
You’re not only able to look at other people’s statistics, but you’re also given the chance to create an individual profile. These two features are on top of all the benefits that you can use to the maximum extent. If you’re looking for a plan that can serve you everything you need as an experienced trader, the Pro level is ideal for you!
Profit.ly’s Other Services
Apart from the provided trainer tools and leadersboards Profit.ly provides a variety of more services it has to offer. One of those is its online store, which allows users to pick from a range of instructional videos that are designed to inform and help you understand the ins and outs of trading. Each of the offerings listed in this section of the site can be immediately purchased for personal use. Among these products include best-sellers like the “Trading Tickers” series from trading expert Tim Grittani, Timothy Sykes’s collection of DVDs and streaming-only content about penny stocking, short stocking, as well as all aspects of trading. There are also clips and footage taken from The Annual Pennystocking Conference, and products from other expert traders.
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The chat rooms that are integrated are also part of Profit.ly’s array of services and features. You are probably familiar with the concept of the chat room as you can find it throughout social and messaging platforms and also on a few specialty websites that offer live chat support. However, in Profit.ly, it is seen as a space where experts and their member traders can communicate and exchange knowledge in real-time. Each guru has their style in running their chat rooms and dealing with the members. One might be a laid-back person who is rarely active, while another may be more interactive and online in their interactions with students. Think of the chat rooms like Profit.ly’s version of a forum, in its essence.
Who is the Ideal Trader for Profit.ly?
Profit.ly’s diverse range of products and features are geared towards a large variety of stock trader types, from novices to experienced professionals. Given the wide range of options it has to offer this platform definitely has something for all.
Beginners, for instance, will enjoy Profit.ly’s knowledge-based materials available across the platform. In addition, they will be provided with videos every week and chat room advice from its in-house gurus and members. Additionally, they can pick from the merchandise available from its online store that they can take with them wherever they may be. You can also get hands-on experience trading on the platform, but eventually, they will soon learn that this is a risky game that shouldn’t be taken as an amusing pastime.
For those traders who have had years of exposure down the line, we see Profit.ly as equally as suitable to them as people who are just beginning. Although the novices might not be as adept at handling trading matters but the experts already know how it works and the plethora of risks associated with it. In the ideal scenario, they can utilize Profit.ly’s range of options to their maximum advantage to improve their skills in trading. Like beginners, they can learn from the top experts and experts and utilize those quick tips and tidbits throughout the process.
Profit.ly’s ‘all-together’ nature doesn’t just apply to newbies as well as semi-seasoned traders. Experts who have been verified can also participate in the enjoyment! Trade professionals who are at similar levels to Superman or Tim Sykes can also use up Profit.ly’s capabilities to display their skills to others as a way to help navigate them through the ever-changing trading process. Tim Sykes Products Profitly
Profit.ly’s Pros and Cons
The Pros
- Profit.ly’s many capabilities as a “one-stop’ stock trading platform allows traders across the globe with a wealth of education tools, communication, and trading tools
- You get to 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 by using accurate data as well as fellow traders that are waiting to reach you out whenever something happens
- The leaderboard feature of the platform offers you the chance to establish your credibility as a trustworthy and dependable trader
- Apart from its core capabilities, Profit.ly also gives its customers extra options that can be tailored to their preferences, such as posting unauthentic trades via photographs
- Profit.ly’s variety of packages and subscription levels are priced at affordable rates – there truly is something for everyone
The Cons
- Profit.ly’s abundance of packages and products offered may be too much for most of its customers
- Since traders can choose to make any type of trade, there is an opportunity that some them will profit by cherry-picking the best trades to improve their ratings this could be a concern that should not be simply overlooked
- Profit.ly does not accept refunds, as its premium users are expected to immediately benefit from the many features the platform is able to offer
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The Final Concluding Question The Final Verdict: Is Profit.ly worth it?
If we could think of an appropriate answer for this query, it would be an affirmative “yes”. But it is important to realize that the platform should not be used as a scheme to get rich quick. The platform was not always designed to be used to achieve this goal. Instead, you need to have an open mind. Tim Sykes Products Profitly
What we are referring to”yes” is it could be a useful learning tool. Those who may be stuck might find Profit.ly’s array of resources to be helpful in their efforts to incur lesser losses and perform better than before. Not only struggling traders who will benefit from this platform. It will be able to accommodate beginners as well as even experts!
So, if you genuinely desire to be better at trading and wish to be taught by your fellows and gurus on the way, you should look no further than Profit.ly. Profit.ly could be a good alternative to start.
FAQ Tim Sykes Products Profitly
How can you make use of Profit.ly to make your trades public?
Profit.ly has a trade entry portion under the My Trade category on the dashboard which lets you record your trades, either verified or not. There are three options:
- Connecting your account to your brokerage of choice and then importing trades directly from there
- Manually inputting your trades with provided spaces and specifics
- Upload a screenshot of your transactions
How can I tell whether the trade is authentic or not?
If you buy your trade from a trusted brokerage, there’s a high chance that it is verifiable. This is shown by the small blue check. If you post the information manually or via screenshots, it will automatically be classified as unverified.
The disadvantage of an unverified trade is the possibility of receiving downvotes from friends and colleagues. A large number of downvotes could cause you to show up at the top of the Madoff leaderboard, where users can see who’s dishonest in posting trades.
Does the Profit.ly mobile app still available?
As of this writing, Profit.ly is still available to download from the Apple App Store and the Google Play store. The mobile version of the app is compatible with most working smartphones and tablets.
How many people are currently connected to Profit.ly?
Profit.ly currently houses over 150,000 investors and traders because they are not just looking to earn maximum profits but also to help one another learn and improve in acquiring opportunities on the stock market both right and left.
