The stock market can be an extremely risky game. On some days, you may have the benefit of positive and satisfying numbers. On other days, the opposite may happen and it can be extremely difficult to return to where you were your peak. If you’re constantly stuck in the gutter, you will have be aware that relying solely on pure instinct and preservation is not always enough.
If you’ve been incurring occasional losses, you’re gonna be needing reliable advice from tested and tried trading experts. Additionally, you’ll require an important boost from colleagues in the market from all over the world, which is why we’ve found an online platform that will help you to improve your performance in the market. In this review, we’ll be taking the time to look at Profit.ly A well-respected 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. 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 Profitly Coupon
Value: 4.1/5
Quality: 4.1/5
Costs: 4.1/5
Users Experience 4.5/5
Summary
Profit.ly is an online trading platform that allows traders of all levels to be informative, transparent, accountable, and to build relationships with each other by offering a wide array of tools and features including trade verification, chat rooms as well as an extensive library of educational content.
What exactly is Profit.ly?
Profit.ly is a trading site that serves both as a training and learning platform for those new to trading as well as a place for traders with experience to keep track of their performance through the use of cutting-edge analytics tools. Providing users with a wide variety of tools to facilitate trade and communication and letting traders from every field of business connect with each other. It also allows gurus to make worthy investments within the boundaries of the platform. Imagine it as the social media equivalent like Facebook and Reddit but with a focus on traders and experts.
Profit.ly independently verifies trade performances and posts all the data of them in the manner of leaderboards. The platform for trading is built on trust and transparency. it makes sure that transactions are legitimate and will not allow for fraud as much as is humanly possible. It was created years ago by the penny stock trade expert and investment guru Timothy Sykes, along with his colleague Michael Mosseri.
One time , during an interview with Forbes magazine, Sykes said that Profit.ly was motivated by its focus “on the transparency of every trade, something that has never been previously done.” This idea, he added, served two objectives: one) keeping track of public data for all traders, not just the gurus and newsletter authors and students as well as) allowing anyone on the platform to learn from both losses and wins for the trading industry’s benefit. Tim Sykes Profitly Coupon
How Does It Perform?
Profit.ly follows a subscription-based model which allows stock traders to gain access to a multitude of tools and services that are geared towards achieving success. It is possible to create an account for free, but you’re limited to the ability to navigate through the leaderboard and observe the activities of non-gurus. If you’re ready to invest your money and see which stocks the gurus are trading in real time, you will need to subscribe to any of Profit.ly’s offerings, which we will review in the coming days.
Making an account simple: Create an account with your experience and knowledge, then connect your brokerage account, and you have yourself the chance to climb through high on the leaderboard. Profit.ly’s leaders’ board feature as we’ve mentioned earlier it is designed to provide its users an insight into the performance of the trading community as well as its gurus. It’s not just a way to prove that you’re worthy to the community of traders. You can also use Profit.ly to purchase from a guru with the assurance that you’re comfortable in their skills and the legitimacy of their claims.
If you are unsure about the idea of sharing the details of your broker account you can decide to share your trades, verified or not, via screenshots. 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 other methods to communicate with your gurus in the chatroom, in addition to text and e-mail alerts and 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 penny stock trading. According to Investopedia Penny stock refers to a small-sized company’s stock which trades at under $5 for each share. The penny stock market could be viewed as an avenue for small-scale businesses to make the transition to a large marketplace as it allows them to access funds from the general public. However, don’t get it wrong – it’s also an extremely risky activity, as Sykes is sure to reveal because of his decades of experience.
From his beginnings at the end of his time in the high schools, Tim Sykes has, since then, made an estimated $6 million earnings during his long and successful career as trading professional. At the age of 25 Sykes was given greater exposure and a larger reach of influence when he became part of the reality TV show “Wall Street Warriors.” He took advantage of it to develop trading rooms and penny stock themes and educational content geared toward those who are 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 on the platform.
The Profit.ly Gurus
One of Profit.ly’s most appealing features is the vast array of educational sources, trade alerts as well as other useful information provided by the platform’s in-house gurus. The gurus in question refer to the trading experts who have made significant amounts of profit from their collective years of knowledge. Tim Sykes Profitly Coupon
At its peak, Profit.ly had housed up to five gurus. Each of them a professional within their particular field in the trading industry. Some of the prominent gurus included Connor Bruggermann, Nathan Michaud of Investors Underground, and Triforce, among a few others. As of this writing, only two gurus remain on this platform: Founder and penny stock trader Tim Sykes and veteran smallcap swing trader Paul Scolardi, also known as Superman. When we take that into account Let’s look at the packages each guru offers.
From Tim Sykes Tim Sykes: Tim’s Alerts
Sykes provides basic stock trading services which focuses on penny stock day trading through Tim’s Alerts. Costing $74.95 monthly, you’ll see him focus on the basic stock catalysts and employ them to predict the next possible moves in trading.
A purchase on its own in Tim’s Alerts will get you access to the chatroom as well as the mobile application that is available for iOS as well as Android devices; text, e-mail and push alerts as well as a daily watchlist of stocks.
From Tim Sykes: The Pennystocking Silver Package
Pennystocking Silver is the premium, upgraded version of the Tim’s Alerts package. At $149.95 monthly, this is a great option for those who are involved in investing in penny stocks. Pennystocking Silver comes with all the standard features of prior plans, including swing trading alerts and unlimited access to an extensive library of over 7,000 educational videos that are updated weekly.
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From “Superman” Paul Scolardi: Superman Alerts
Scolardi who goes under the alias “Superman,” is a swing trading professional with an eye for both tiny-cap massive stocks as well as wildly accurate marketing forecasts. In the time since the time he started trading, Superman has amassed over $5.5 million in trading earnings. Tim Sykes Profitly Coupon
The Superman Alerts package is his offer of the most essential features and alerts on trading geared towards those who might be interested. For $147/month, you’ll get an access to the day-to-day premarket stock watchlist along with the mobile app, the daily market commentary shown in real-time, and E-mail and SMS alerts.
From “Superman” Paul Scolardi: Superman Pro
For the price of $247, you receive additional features, as well as access to the extensive knowledge base of information provided by Superman himself via Superman Pro. Superman Pro package. Alongside the standard features featured in the Alerts package, Superman Pro gives you weekly video lessonsthat include the growing collection of the previous ones. In addition you’ll also have access to premium research reports as well as an IPO and earnings tracker.
Profit.ly Plans and Costs
If you’re ready to join the trading community on the internet and leave your mark on the market, Profit.ly has the right amount of resources to help you up and running. The platform has three membership tiers, each designed for traders with different levels. Let’s break down what these three levels are and what they’ll cost you.
Novice Plan
This package for novices is Profit.ly’s beginning-of-the-line plan specifically for those who are just beginning their journey to the trading community. As you sign to this plan you’ll be offered a range of strong and essential trading tools, all of them integral in keeping your fingers on what can describe as a cutthroat process by itself.
The list of features you can do using Profit.ly’s Novice package include the capability to check the results of your trades and track profit and follow-up, leading, and even messaging other traders; and giving feedback on the trades of today. You’re also allowed to get onto leaderboards; study the results of your analysis, sort, or filter the trades you make and, finally, see other’s stats.
The Novice plan is $29.95 per monthly payment. Although it looks attractive for the price alone, there is a downside. You aren’t able to create a personal profile, which makes your personal information public. If you do want to have access to this feature, keep an eye on us as we present to you Profit.ly’s next strategy.
The Trader Plan
The Trader package lets you to take advantage of many of the features of the novice plan. In this plan, that you can create a private profile for sharing with fellow associate users all your knowledge and information you have gained from the trading community.
The price is $49.95/month, Profit.ly’s Trader plan will do what the name implies catering people who want to harness their skills in trading. While it’s nice but there’s one important aspect that’s not included. Unlike the previous Novice package, you won’t be able view other traders’ statistics that could be a problem for some who may be looking forward to this tier. Tim Sykes Profitly Coupon
Pro Plan
The Professional plan can be described as the most premium package that Profit.ly can offer to experienced traders. It costs $74.95 each month with an additional 22% discount for billing annually This plan offers everything. You will have full, unrestricted access to all the features of the prior plans.
In addition, you’ll be able to look at other people’s statistics and data, but you also have the option of creating a private profile. Both of these options, in addition to the advantages you’ll be able to use to the fullest potential. If you’re in search of a plan that can serve you everything you need as an experienced trader, the Pro plan is for you!
Profit.ly’s Other Services
Apart from the provided trainer tools and leadersboards Profit.ly has a few other services they provide. One of these is its online store, which allows users to select from a variety of videos created to guide you through the ins and outs of trading. Each of the offerings listed on this page of the website can be immediately purchased for personal use. Some of these include bestsellers such as the “Trading Tickers” series from trading expert Tim Grittani, Timothy Sykes’s collection of DVDs and streaming-only content related to penny stocking, short stocking, as well as all aspects of trading. There are also clips and footage from the Annual Pennystocking Conference, and other products by expert traders.
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Chat rooms integrated into Profit.ly are also part of Profit.ly’s range of services and features. You may be familiar with the concept of the chat room since you can see it across messaging and social platforms, and also on a few specialty websites that provide live chat assistance. But in Profit.ly the chat room is viewed as a hands-on place where gurus and their member traders can communicate and share knowledge in real-time. Every guru has their own style when it comes to running their chat room and in dealing with the members. Some may be more laid back and less engaged, while another could be more interactive and online with their students. Think of the chat rooms as Profit.ly’s version of the forum, in essence.
Who is the best trader to Profit.ly?
Profit.ly’s wide range of products and features are geared towards a large variety of stock traders, ranging from novices to the most experienced. Considering the number of offers it has to offer this platform definitely has something for everyone.
For instance, newbies will enjoy Profit.ly’s knowledge-based content offered throughout the platform. They will also be provided with videos every week and chat room advice from its in-house gurus and members. Additionally, they can select from the products in its online store for them to take wherever they may travel. They can also gain hands-on experiences by trading through the platform, however they’ll realize that trading is a high-stakes game that shouldn’t be treated as an opportunity to make fun of.
For the traders with decades of experience in the line, we believe Profit.ly equally suitable for them as it is for people who are just beginning. While novice traders may not be as well-equipped with dealing with trading issues however, experienced traders know the way it functions and the plethora of risks that it carries. Ideally, they may utilize Profit.ly’s range of features to their best advantage to enhance their trading abilities. As beginners, they are able to study from the gurus and experts and utilize those quick tips and tidbits to help them along.
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! Those in the trading industry who are on similar levels to Superman and Tim Sykes can also use Profit.ly’s capabilities. Profit.ly’s capabilities to display their expertise to other traders as a way to guide them through the ever-illustrious trading process. Tim Sykes Profitly Coupon
Profit.ly’s Pros and Cons
The Pros
- Profit.ly’s many capabilities as a ‘one-stop’ platform for trading stocks allows it to provide traders everywhere with tons of learning communications, trading, and communication tools
- You’ll receive excellent training and insights from its internal experts, which include libraries of educational videos and real-time trading activities
- You’re assured of transparency throughout Profit.ly with accurate analytics and fellow traders that are waiting to reach you when something goes wrong.
- The leaderboard feature on the platform gives you the chance to establish your reputation as a reliable and verifiable trader
- Apart from its core 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 screenshots
- Profit.ly’s wide array of packages and subscription levels are priced at reasonable prices There’s something for every person
The Cons
- Profit.ly’s numerous products and packages offered might not be enough for a lot of its customers
- If traders decide to open any kind of trade, there’s an opportunity that some them may take advantage by picking the most profitable trades to increase the rating This could be a concern that should not be overlooked.
- Profit.ly will not allow refunds because its premium users are expected to immediately take advantage of the numerous 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 were able to come up with an answer to this question, it’s an affirmative “yes”. But you need to understand that it shouldn’t be treated as a get-rich-quick scheme. The platform was not always intended to be created in this way. Instead, it is best to keep curiosity. Tim Sykes Profitly Coupon
What we mean by ‘yes’ is that it can be a great learning tool. For those who are struggling, they may discover Profit.ly’s variety of resources to be helpful as they do their best to avoid losses and be more successful than before. Not only struggling traders who will profit from the platform. It is able to accommodate novices and even experts in the field!
If you really want to become more successful in trading and would like to learn from your mentors and peers throughout the process, then look no further – Profit.ly may be a great alternative to start.
FAQ Tim Sykes Profitly Coupon
How can you make use of Profit.ly to make your trades public?
Profit.ly offers the option of allowing trade entries within the “My Trade category on the dashboard which allows you to post your trades, verifiable or otherwise. You may choose between three options:
- Linking your account with your brokerage of choice and importing trades directly from there
- Manually entering your trades using the spaces provided and details
- Upload a screenshot of your trades
How can I tell if the trade is verifiable or not?
If you import your trade through a reliable brokerage, there is an excellent chance that it is verifiable. This is evident by the blue check mark. If you submit it manually or through images, it will be assigned as unverified.
The drawback of posting an unauthenticated trade is the chance of receiving negative feedback from colleagues. If you receive too many negative votes, it could cause you to be listed on the Madoff leaderboard, which is where the public are able to identify who is fraudulent in posting trades.
Is the Profit.ly mobile app still in use?
As of the moment, Profit.ly is still available for download on the Apple App Store as well as the Google Play store. The mobile version of the app works with all functioning tablets and smartphones.
How many people are currently on Profit.ly?
Profit.ly is currently home to over 150,000 investors and traders, because they are not just trying to maximize profits but also help each other learn and improve in acquiring opportunities on the stock market left and right.