The stock market can be an exciting game with high stakes. Some days, you may have the benefit of pleasing and positive numbers. On other days, however you may experience the opposite and it could be very difficult to get back to where you were at your most productive. If you’re constantly stuck in the gutter You will need to realize that relying on your instincts and preserving might not be enough.
If you’ve suffered losses from time to time and you’re likely to require solid advice from seasoned and tested 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 a platform that can support you in your growth in the industry. This review will take a look at Profit.ly is a well-known 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 Profitly 11 Hour Video
Value: 4.1/5
Quality: 4.1/5
Costs: 4.1/5
Users Experience 4.5/5
Summary
Profit.ly offers an internet-based trading service that allows traders of various levels to be informed and accountable, as well as transparent and encouraging one another through its wide variety of tools and features like chat rooms, trade verification and a rich library of educational material.
What exactly is Profit.ly?
Profit.ly is a site for trading that functions as a learning and education platform for people who are starting out as well as a place for traders with experience to keep track of their performance with the help of sophisticated analytics tools. Offering users a broad range of resources to facilitate trade and communication, it helps traders from all walks of life network with each other. It also allows gurus to make worthwhile investments within the confines of the platform. Think of it as a social media site akin like Facebook and Reddit, but for professionals and traders.
Profit.ly independently verifies trade performances and publishes all data from them in the form of leaderboards. The platform’s trading model is based on transparency and honesty: it ensures that the transactions are legitimate and will not accept fake news as long as possible. It was created many years ago by penny stock trade expert and investment expert Timothy Sykes, along with his colleague Michael Mosseri.
One time during his appearance in Forbes publication, Sykes stated that Profit.ly was motivated by its focus “on showing the entire spectrum of trades, something which has never been prior to.” This idea, he added, served two purposes: 1) making public records for all traders, not just the gurus and students and newsletter writers, and 2) giving anyone on the platform to be enlightened by both losses and wins to benefit the industry of trading. Tim Sykes Profitly 11 Hour Video
How Does It Work?
Profit.ly is a subscription-based platform that allows stock traders to gain access to a multitude of services and features geared toward the success of their business. You may set up an account at no cost, however you’re only limited to having the ability to navigate through the leaderboards and monitor the activities of non-gurus. If you’re looking to invest your money and see what stocks the experts are trading in real-time You’ll need to subscribe to any of Profit.ly’s offerings that we’ll go over shortly.
Making an account easy: create an account with your experience and skills, join your brokerage account, and you’ll have the chance to climb your way up to at the very top of the list. Profit.ly’s leaders’ board feature as previously mentioned it is designed to provide its users a glimpse of their performance as a trading group as well as its experts. It’s not only a chance to prove that you’re worthy to the community of traders. You are also able to use Profit.ly to purchase from a guru with the assurance that you’re comfortable of their knowledge and the veracity of their claims.
If you feel uneasy with the concept of leaking the details of your broker account then you could choose to publish your trades, either verified or otherwise, through pictures. Also included in Profit.ly are a variety of courses in trading and the capability to see statistics on a person’s profile, and more ways to connect with your gurus through the chatroom in addition to text and e-mail alerts and updates.
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Meet Tim Sykes, the founder: Tim Sykes
Timothy Sykes is a well-renowned day trading personality who has been famously 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 under $5 for each share. Penny stock trading is a stepping stone for small companies to move to a large marketplace as it allows them to access money from the general public. But don’t make the mistake of thinking that it can also be a high-risk game, which Sykes can surely tell thanks to his years of experience.
Since his initial beginnings in his late years in the high schools, Tim Sykes has, since then, earned more than $6 million in profit through his lengthy career as a trader. When he was 25 years old Tim Sykes had received more exposure and a wider influence over time as a participant in the reality TV show “Wall Street Warriors.” He then made use of the show to develop trading rooms as well as penny stock themes and educational content geared toward people who are brand new to 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 sweet inclusions is the variety of learning tools, trade alerts and other useful stuff offered by the in-house experts of the platform. The gurus in question refer to experts in the field of trading who have made significant amounts of profit from their combined years of experience. Tim Sykes Profitly 11 Hour Video
At its peak, Profit.ly had housed up to five gurus, each of them a professional in their field of expertise in the trading industry. Some of the most prominent experts included Connor Bruggermann, Nathan Michaud of Investors Underground, and Triforce, among a few others. At the time of writing, there are only two gurus who remain on this platform: the founder of the penny stock market 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-priced day trading with Tim’s Alerts. Costing $74.95 per month, you will see him focus on the basic stock catalysts and employ them to forecast the next possible moves in trading.
A purchase on its own in Tim’s Alerts will get you access to the chatroom and the mobile app that’s available on iOS and Android devices, as well as 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. Priced at $149.95 per month, this is a great option for investors who are committed to the penny-stock market. Pennystocking Silver comes with all the standard features of earlier plans including swing trading alerts as well as unlimited access to an extensive library of over 7,000 educational videos and new videos released every week.
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In “Superman” Paul Scolardi: Superman Alerts
Scolardi who goes 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 profits. Tim Sykes Profitly 11 Hour Video
The Superman Alerts plan is his offer of the most essential features and trading alerts geared toward those who may be interested. For $147/month, you’ll get access daily premarket stock watchlist along with the mobile app, daily market commentary in real-time, and SMS and e-mail alerts.
In “Superman” Paul Scolardi: Superman Pro
For the price of $247, you receive additional features, as well as access to an extensive base of knowledge that is provided by Superman himself via his Superman Pro package. Alongside the standard features featured in the Alerts package, Superman Pro gives you weekly video lessons, including an ever-growing library of the previous ones. In addition, you’ll also get an access to high-quality research papers as well as the IPO or earnings monitor.
Profit.ly plans and costs
If you’re eager to join the trading community on the internet and make a mark on the market, Profit.ly has the right amount of resources to help you going. Profit.ly offers three membership tiers, each designed for traders of different levels. Let’s take a look at what these three tiers are and how much they’ll cost you.
Novice Plan
The Novice package is Profit.ly’s beginning-of-the-line plan specifically for people who are brand new to the world of trading. When you sign to this plan, you will be immediately given a slew of robust and indispensable trading tools, all of them integral in keeping your hands on what we can describe as a cutthroat process in and of itself.
Among the list of things you can do with Profit.ly’s Novice package is the ability to verify trades and track profits; leading, following and even texting other traders; and giving feedback on the trades of today. It also allows you to be on leaderboards, analyze the results of your analysis, sort, or filter the trades you make and, lastly, view other people’s statistics.
The Novice plan is $29.95 per month. While it may look attractive for the price alone however, there’s a drawback. You aren’t able to create a personal profile, thus making your activities publicly available. If you do want to have access to this feature, you should keep an eye on us as we present to you Profit.ly’s new plan.
The Trader Plan
The Trader package allows you to take advantage of the majority of features available in the Novice plan. In this plan, that you can set up an account that is private to share with fellow associate users all the insights and information you have gained from trader’s community.
Priced at $49.95/month, Profit.ly’s Trader plan will do what the name implies caters people who want to harness their skills in trading. Although it’s a nice thing but there’s one important aspect that’s not included. As opposed to the prior Novice package, this one won’t be able to see other traders’ stats that could be a disadvantage for those who are eager to try this new tier. Tim Sykes Profitly 11 Hour Video
Pro Plan
The Pro plan is the most expensive plan Profit.ly could offer for seasoned traders. It costs $74.95 each month and 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.
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 options, in addition to the advantages you’ll be able to use to the fullest potential. If you’re looking for an account that will give all the features you need to be an experienced trader, the Pro plan is the right choice for you!
Profit.ly’s Other Services
In addition to the trainer tools and leadersboards Profit.ly has a few other services they provide. One of those is its online store, which lets users choose from a wide array of videos that are designed to educate and provide guidance on the nuances and pitfalls of trading. The products listed in this section of the website can be bought immediately for your personal use. Some of these include bestsellers like”Trading Tickers,” the “Trading Tickers” series by trader professional Tim Grittani, Timothy Sykes’s library of DVDs and streaming-only content about short stocking, penny stocking, and all other related to trading, videos and footage of The Annual Pennystocking Conference, and products from other expert traders.
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Chat rooms integrated into Profit.ly are included in Profit.ly’s array of services and features. You may be familiar with chat rooms since you will see it on messaging and social platforms, and also on a few specialty websites that provide live chat support. However, in Profit.ly it’s seen as a area where experts and members trade and learn in real time. Every guru has their own style when it comes to running their chat room and dealing with the listed members. Some may be a laid-back person who is not very often active, while another may be more online and communicative in their interactions with students. Consider chat rooms like Profit.ly’s version of a forum, in the essence.
Who is the Ideal trader to Profit.ly?
Profit.ly’s variety of offerings and features are geared towards the wide range of stock trader types, from beginners to experienced pros. Considering the number of offers it has to offer, the platform surely has something for all.
Beginners, for instance, will appreciate Profit.ly’s collection of educational materials available across the platform. In addition, they will get daily videos and chat room tips from its in-house gurus and their members. Additionally, they can choose from the items on its store online for them to take wherever they go. You can also get hands-on experiences by trading through the platform, but eventually they’ll realize that trading is a high stakes game that shouldn’t be taken as an opportunity to make fun of.
For the traders with decades of experience in the line, we believe Profit.ly equally suited to the newcomers. Although the novices might not be as adept at handling trading matters however, experienced traders know how it works along with the risky mix that it carries. It is ideal to make use of Profit.ly’s range of features to their best advantage to enhance their skills in trading. Like novices, they can learn from the top experts as well as experts, and take advantage of quick tips and tidbits along the way.
Profit.ly’s “all-in” approach doesn’t just apply to newbies and semi-experienced traders. Experts who have been verified can also participate in the enjoyment! Trade professionals who are at the same level as Superman and Tim Sykes can also use the power of Profit.ly’s capabilities to display their expertise to other traders in order to navigate them through the ever-changing trading process. Tim Sykes Profitly 11 Hour Video
Profit.ly’s Pros and Pros and
The Pros
- Profit.ly’s diverse capabilities as a “one-stop” platform for trading stocks allows traders across the globe with a wealth of education communications, trading, and communication tools
- You’ll receive excellent training and tips from the internal experts, which include libraries of educational videos and live trading activity.
- You can be sure of complete transparency through Profit.ly with precise analytics and fellow traders that are waiting to reach you out whenever something happens
- The leaderboard feature on the platform gives you the chance to establish your reputation as a reliable and authentic trader
- In addition to its primary features, Profit.ly also gives its customers extra options that can be tailored to their needs, like posting trades that are not authentic by taking images
- Profit.ly’s variety of subscription plans and guru packages are priced at a reasonable cost – there truly is something for all
The Cons
- Profit.ly’s numerous packages and products offered may seem overwhelming for the majority of its users
- As traders may opt to post any kind of trade, there’s an opportunity that some them will profit by selecting the best trades in order to increase the rating – this may be a risk that shouldn’t be simply overlooked
- Profit.ly does not offer refunds because the premium customers are expected to instantly take advantage of the numerous features the platform is able to offer
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The Final Verdict is: Is Profit.ly worth it?
If we were able to come up with an appropriate answer for this query, it’s a ‘yes’. However, you must realize that the platform should not be used as a quick-fix scheme to make money. The platform was not always meant to be designed in this way. Instead, it is best to keep an open mind. Tim Sykes Profitly 11 Hour Video
What we are referring to”yes” is it is a fantastic learning tool. People who are stuck may find Profit.ly’s range of resources helpful as they do their best to incur lesser loss and perform better than before. It’s not only the poor traders that can benefit from the platform. It is able to accommodate novices and even experts in the field!
So, if you genuinely care about being more successful in trading and would like to learn from your fellows and gurus on the way, take a look at Profit.ly. Profit.ly could be a good alternative to start.
FAQ Tim Sykes Profitly 11 Hour Video
What are the best ways to use Profit.ly to make your trades public?
Profit.ly has an entry section for trades under the My Trade’ category of the dashboard which allows you to post your trades that are verified or otherwise. You may choose between three choices:
- Linking your account to the broker of choice and import the trades from that directly
- Manually entering your trades using the spaces provided and details
- Upload a screenshot of your trades
How can I tell whether the trade is authentic or not?
If you purchase your trade from a trusted brokerage, there’s an excellent chance that it is verifiable. This is evident by the blue check mark. If you post it in a manual way or by taking images, it will be assigned as unverified.
The disadvantage of an unverified trade is the chance of getting downvotes from your colleagues. A large number of downvotes could cause you to be listed at the top of the Madoff leaderboard, where people can detect who’s being fraudulent in posting trades.
Does the Profit.ly mobile app still available?
As of this writing, Profit.ly is still available for download on the Apple App Store and the Google Play store. The mobile version of the app is compatible with the majority of operating tablets and smartphones.
How many are connected to Profit.ly?
Profit.ly currently houses over 150,000 investors and traders, since they’re not just looking to earn maximum profits but also help each other learn and improve in acquiring opportunities on the stock market all over the world.
