The stock market can be an exciting game with high stakes. On certain days, you might be reaping the benefits of positive and satisfactory numbers. However, on other days, the opposite may happen and it can be extremely difficult to return to the point you were at your most productive. If you are always in the mud it is important be aware that relying solely on pure instinct and preservation is not always enough.
If you’ve experienced occasional losses You’ll need solid advice from seasoned and tested trading experts. Additionally, you’ll require an enormous boost from your trading partners from all over the globe, which is why we’ve found a platform that can support you in your growth in the industry. We’ll take the time to look at Profit.ly, a well-recognized all-in-one 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 Profitly Chart
Users Experience 4.5/5
Profit.ly is an online trading platform that permits traders of different levels to be informed and accountable, as well as transparent and uplifting with one another through its wide range of features and tools like trade verification, chat rooms, and an enriched library of educational content.
What exactly is Profit.ly?
Profit.ly is a trading website that serves both as a learning and training platform for traders who are starting out and as a hub for traders who are experienced to monitor their performance using the aid of sophisticated analytics tools. Offering users a broad range of resources for communication and trade that help traders from every field of business connect with each other. It also allows gurus to make an opportunity to invest in the right areas of the platform. Consider it an online social media platform similar the likes of Facebook and Reddit however it is geared towards professionals and traders.
Profit.ly independently checks the performance of trades and posts all the data from them in the form of leaderboards. The trading platform is built on honesty and transparency: it makes sure that trades are authentic and won’t allow for fraud as much as possible. It was established years ago by the penny stock trade expert and investment guru Timothy Sykes, along with his colleague Michael Mosseri.
In an interview for Forbes publication, Sykes declared that Profit.ly was based “on the transparency of all trades, something that was never previously done.” This idea was, he said, serving two goals: 1.) making public records for everyone, not just the experts as well as newsletter writers and students, and 2) making it possible for everyone on the platform to learn from both the wins and losses for the trading industry’s benefit. Tim Sykes Profitly Chart
How Does It How Does It
Profit.ly follows a subscription-based model which allows stock traders to benefit from a variety of tools and services that are geared towards achieving achievement. You can create an account there for free, but you’re only given access to the leaderboards and monitor the activities of people who aren’t gurus. If you’re interested in investing your money and see what stocks the experts are trading in real time, you will need to join one of Profit.ly’s offers that we’ll go over shortly.
Making an account easy: create an account with your experience and expertise, connect to your brokerage account, and you’ll have a chance to shoot your way to at the very top of the list. Profit.ly’s leaders’ board feature as mentioned previously it is designed to provide its users a look at the performance of the trading community as well as its experts. You’re not just allowed to demonstrate value to a large group of traders, but you can also utilize Profit.ly to purchase from a guru with the assurance that you’re confident in their skills and the credibility of their claims.
If you feel uneasy with the idea of sharing your brokerage account, you can decide to share your trades, either verified or not, by taking screenshots. Also included in Profit.ly are a variety of trading courses as well as the ability to look at stats in a trader’s profile, and more ways to communicate with your gurus through the chatroom 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 guru who is well-known for delving his hands into trades in penny stocks. According to Investopedia, a penny stock is a small business’s stock which trades at less than $5 per share. Penny stock trading can be seen as an avenue for small-scale businesses to make the transition to a market that is larger as it allows them to access funds from the general public. But don’t be mistaken – it can also be an extremely risky activity, as Sykes is sure to reveal through his many years of experience.
Beginning in the latter years of the high schools, Tim Sykes has, since then, made an estimated $6 million profit during his long and successful career as a trader. At the age of 25 Tim Sykes had received more exposure and a wider influence over time as a participant in the reality series “Wall Street Warriors.” He then made use of the show to create trading rooms as well as penny stock themes and educational material aimed at those who are just beginning to learn about trading. He also helped establish Profit.ly as a place of transparency and for the community to uplift and compete with each other on the platform.
The Profit.ly Gurus
One of Profit.ly’s amazing features is the wide range of educational sources, trade alerts and other useful stuff offered by the company’s internal gurus. These gurus refer to experts in the field of trading who have made significant amounts of profit through their years of expertise. Tim Sykes Profitly Chart
At its height, Profit.ly had housed up to five gurus. Each of them an expert within their particular field in the field of trading. Some of the most famous experts were Connor Bruggermann, Nathan Michaud of Investors Underground, and Triforce, among a few others. As of this writing, there are only two gurus who remain on the platform: Founder of the penny stock market Tim Sykes and veteran smallcap swing trader Paul Scolardi, also known as Superman. In light of that Let’s look at the packages each guru has to offer.
From Tim Sykes Tim Sykes
Sykes offers a basic stock trading service with the main priority being penny stock day trading through Tim’s Alerts. At $74.95 monthly, you’ll observe him focus on fundamental stock catalysts and use them to forecast the next possible moves in making trades.
A single purchase from Tim’s Alerts will get you access to the chatroom, as well as the mobile application that is 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 most premium version, with an upgraded version of Tim’s Alerts program. It costs $149.95 for a month this is a great option for investors who are invested in the penny-stock market. Pennystocking Silver offers all the essential features found in the previous plan, including alerts for swing trading and access to a library of over 7,000 educational videos and new videos released every week.
From “Superman” Paul Scolardi: Superman Alerts
Scolardi, who goes by the name “Superman,” is a professional in swing trading with an eye for both massive stocks of the small-cap size and insanely accurate marketing forecasts. In the time since he began as a trader, Superman has amassed over $5.5 million in trading earnings. Tim Sykes Profitly Chart
The Superman Alerts plan is his offering of essential features and alerts on trading geared towards those who might be interested. For just $147 per month, you’ll have access to the daily stock watchlist that is premarket along with the mobile app, the daily market commentary shown in real time, and email and SMS alerts.
In “Superman” Paul Scolardi: Superman Pro
For $247 per month, you can enjoy additional features and access to a knowledgeable base provided by Superman himself via Superman Pro. Superman Pro package. Alongside the standard features included in the Alerts package, Superman Pro gives you weekly video lessons, including an ever-growing library of other previous ones. Additionally you’ll also have the ability to access premium reports on research and the IPO as well as earnings tracking tool.
Profit.ly Programs and Costs
If you’re ready to join the trading community on the internet and make a mark on the market, Profit.ly has the right amount of tools to get you started. Profit.ly offers three membership levels that cater to traders with different levels. Let’s take a look at what these three tiers are and how much they’ll cost you.
The package called Novice is Profit.ly’s entry-level plan designed especially for those who are just beginning their journey to the trading community. Once you have signed up for this plan you’ll be provided with a variety of powerful and essential trading tools, each of them integral in keeping your hands on what we call a competitive process in and of itself.
Some of the features you can do with Profit.ly’s Novice package include the ability to verify the results of your trades and track profit as well as leading, following, and even messaging other traders; and giving feedback on the trades of today. You can also get on leaderboards; analyze, sort, and filter your trades; and, lastly, view other people’s statistics.
The Novice plan is $29.95 per month. Although it might look appealing just by the price, there is a downside. You can’t create a private profile, which makes your activities publicly available. If you’re interested in get access to this feature, keep an eye on us as we present to you Profit.ly’s next plan.
The Trader Plan
The Trader package lets you to use the majority of features available in the novice plan. In this plan, that you can set up a private profile to share with fellow associate users all your knowledge and knowledge you gain from trader’s community.
Priced at $49.95/month, Profit.ly’s Trader plan does what the name suggests: Cater for those looking to improve their skills in trading. While it’s nice however, there’s a crucial feature that is missing. Unlike the previous Novice package, you won’t be able to view other traders’ statistics this might be a drawback for some who may be anticipating this level. Tim Sykes Profitly Chart
The Professional plan can be described as the most premium package that Profit.ly offers to experienced traders. It costs $74.95 per month, and a 22% discount for billing annually, this tier has everything. You get full, no-holds-barred access to all the options of the previous plans combined.
You’re not only able to view other people’s stats as well, you’re also offered the option of creating an individual profile. These two features are plus the other benefits that you can use to the fullest potential. If you’re looking for a plan that can serve you everything you need as trader with experience, the Pro plan is the right choice for you!
Profit.ly’s Other Services
Apart from the tools for training and Leaderboards Profit.ly offers a number of additional services that it can provide. One of these is its online store, which lets users pick from a range of video products that are designed to educate and provide guidance on the nuances and pitfalls of trading. The products listed on this page of the website can be purchased immediately for personal use. These include best-selling products like”Trading Tickers, “Trading Tickers” series by trading professional Tim Grittani, Timothy Sykes’s collection of DVDs, streaming-only content related to penny stocking, short stocking, and all other aspects of trading. There are also clips and clips from The Annual Pennystocking Conference, and items from other experts in trading.
The chat rooms that are integrated are as well part of Profit.ly’s variety of services and features. You may be familiar with chat rooms since you will see it on social and messaging platforms, as well as some specialty websites that offer live chat assistance. But on Profit.ly, it is seen as a area where experts and members can interact and learn in real time. Every guru has their own way in operating their chat room and dealing with the listed members there. One might be more laid back and less active, while another may be more interactive and online with their students. Consider chat rooms like Profit.ly’s version of the forum, in the essence.
Who is the ideal trader to Profit.ly?
Profit.ly’s wide range of products and features caters to the wide range of stock traders, ranging from novices to the most experienced. With the variety of deals it has to offer this platform definitely has something for everyone.
For instance, newbies will appreciate Profit.ly’s collection of educational content offered throughout the platform. They will also be enriched with weekly videos and chat room tips from the in-house experts and members. Additionally, they can select from the products from its online store to carry with them wherever they be. You can also get hands-on experiences from trading within the platform, however they’ll be able to realize that trading is a high-stakes game that shouldn’t be treated as an opportunity to make fun of.
For those traders who have had many years of experience down the road, we consider Profit.ly equally suited to them as the newcomers. Although the novices might not be as adept at handling trading matters, the pros already understand how it works and the stack full of risks that it carries. In the ideal scenario, they can use Profit.ly’s variety of features to their best advantage to enhance their trading skills. Like beginners, they can learn from the experts and experts and utilize those short tips and tricks along the way.
Profit.ly’s “all-in” approach isn’t limited to novices and semi-experienced traders. Experts who have been verified can also participate in the fun! People in the trade industry who are on similar levels to 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 help assist them in the ever-changing trading process. Tim Sykes Profitly Chart
Profit.ly’s Pros and Cons
- Profit.ly’s numerous capabilities as a ‘one-stop’ stock trading platform enable traders from all over the world with an abundance of knowledge communications, trading, and communication tools
- You get to be taught by experts 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 precise analytics as well as other traders that are waiting to reach you out if something occurs.
- The leaderboard feature on the platform gives you a way to build your credibility as a trustworthy and verifiable trader
- Apart from its main abilities, Profit.ly also gives its users extra options to suit their needs, like posting unverifiable trades through images
- Profit.ly’s diverse range of subscription levels and guru packages are priced at affordable rates – there truly is something for all
- Profit.ly’s numerous packages and products offered may not be enough for a lot of its customers
- As traders may opt to post any kind of trade, there’s an opportunity that some them could profit from cherry-picking the best trades to boost their rating this could be a concern that should not be overlooked.
- Profit.ly will not allow refunds because the premium customers are expected to instantly benefit from the number of services the platform has to provide
The Final Verdict The Final Verdict: Is Profit.ly Worth It?
If we could come up with the answer, it would be an affirmative “yes”. However, you must realize that it shouldn’t be treated as a quick-fix scheme to make money. It wasn’t meant to be designed to achieve this goal. Instead, it is best to keep an open mind. Tim Sykes Profitly Chart
What we do mean by ‘yes’ is that it can be a great learning tool. People who are stuck may be able to find Profit.ly’s array of resources useful as they do their best to avoid losses and be more successful than before. It’s not just the struggling traders that will benefit from the platform. It can accommodate beginners and even experts in the field!
If you truly desire to be a better trader and want to be taught by your fellows and gurus on the way, take a look at Profit.ly. Profit.ly may be a great alternative to start.
FAQ Tim Sykes Profitly Chart
What are the best ways to use Profit.ly to make your trades public?
Profit.ly has an entry section for trades within the ‘My Trade section of the dashboard which lets you post your trades that are verified or not. There are three options:
- Linking your account to the brokerage of choice and then importing trades directly from there
- Manually entering your trades into specified spaces and information.
- Upload a screenshot of your trades
How can I tell whether the trade is authentic or not?
If you buy your trade through a reliable brokerage, there is a high probability that it’s verifiable. This is indicated with the small blue check. If you submit it in a manual way or by taking screenshots, it will automatically be assigned as unverified.
The downside of having an unverified trade is the chance of getting downvotes from your friends and colleagues. Too many downvotes may cause you to be listed at the top of the Madoff leaderboard, which is where the public can detect who’s being dishonest in posting trades.
Does the Profit.ly mobile app still in use?
As of the moment, Profit.ly is still available for download on the Apple App Store 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 traders and investors, as they not only are seeking to make the most profit but also assist each other to learn and improve in acquiring stock market opportunities all over the world.