Stock trading can be an exciting game with high stakes. On some days, you may have the benefit of positive and satisfying numbers. On other days, however, the opposite may happen, and it may sometimes be very difficult to return to the point you were at your peak. If you find yourself immersed in the water, you will have to realize that relying on pure instinct and preservation is not always enough.
If you’ve experienced loss from time to time and you’re likely to require sound advice from tried-and-tested trading experts. Also, you’ll need an enormous boost from your trading partners from all over the world, which is why we’ve discovered a platform that can support you in your improvement within the field. This review will be taking an in-depth look at Profit.ly is a well-known 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.
Total Rating: 4.1/5 Tim Sykes Profitly Dvds
Users Experience 4.5/5
Profit.ly offers an internet-based trading service that permits traders of all levels to be informed, transparent, accountable, and encouraging one another through its wide variety of tools and features such as chat rooms, trade verification as well as an extensive library of educational content.
What exactly is Profit.ly?
Profit.ly is a trading site which serves as a training and learning platform for people who are starting out and also as a platform for traders who are experienced to monitor their performance with the help of cutting-edge analytics tools. It provides users with a vast variety of tools for trade and communication that help traders from every field of business connect with each other. It gives the gurus an opportunity to invest in the right areas of the platform. Consider it a social media site akin like Facebook and Reddit but with a focus on professionals and traders.
Profit.ly independently checks the performance of trades and publishes all data of them in the manner of leaderboards. The trading platform is built on trust and transparency. it ensures that the transactions are legitimate and will not tolerate inauthenticity as much as possible. It was founded in the past by penny stock trade expert and investment expert Timothy Sykes, along with the other expert Michael Mosseri.
One time during his interview with Forbes publication, Sykes stated that Profit.ly was motivated by its focus “on the transparency of all trades, something that has never been prior to.” This idea was, he said, serving two goals: 1.) creating public track records for everyone, not just the experts, but also the newsletter writers and students as well as) making it possible for everyone on the platform to be enlightened by the losses and wins for the trading industry’s benefit. Tim Sykes Profitly Dvds
How Does It Perform?
Profit.ly utilizes a subscription model that lets stock traders have access to a range of features and services aimed towards achieving the success of their business. You may set up an account for free, but you’re only given access to the leaderboard and follow 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 sign up to one of Profit.ly’s offers, which we will discuss in the near future.
The process of opening an account is easy: create a profile with your experiences and skills, join your brokerage account, and you’ll be given the chance to climb through the top of the leaderboard. Profit.ly’s leaderboard feature, as we’ve mentioned earlier, is designed to give its users a glimpse of the performance of the trading community as well as its experts. It’s not just a way to show your worth to a community of traders, but you can also utilize Profit.ly to purchase from a guru with the assurance that you’re comfortable of their knowledge and the credibility of their claims.
If you feel uneasy with the idea of divulging information about your account with a brokerage, then you could choose to publish your trades, either verified or not, via pictures. 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 in the chatroom, along with text and e-mail alerts and updates.
Meet the Founder: Tim Sykes
Timothy Sykes is a well-renowned day trading guru who has been famously known for his involvement in trades in penny stocks. According to Investopedia Penny stock is a small business’s shares that trade for less than $5 per share. The trading of penny stocks is an opportunity for small companies to move to a market that is larger as they can access funds from the general public. However, don’t get it wrong – it’s also an extremely risky game, as Sykes is sure to reveal because of his decades of expertise.
Beginning in the latter years of high school, Tim Sykes has, since then, earned over $6 million of profit during his long and successful career as trading professional. At the age of 25 Tim Sykes had received greater exposure and an even wider influence over time as a participant in the reality TV show “Wall Street Warriors.” Then, he took advantage of it 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 for transparency, and to allow the community to rise and compete with each other on the platform.
The Profit.ly Gurus
One of Profit.ly’s most appealing features is the wide range of education tools, trade alerts as well as other useful information provided by the company’s internal gurus. Gurus are referred to experts in the field of trading who have made significant amounts of profit from their collective years of experience. Tim Sykes Profitly Dvds
At its peak, Profit.ly had housed up to five gurus, each of them an expert in their field of expertise in the trading industry. Some of the prominent experts were Connor Bruggermann, Nathan Michaud of Investors Underground, and Triforce among others. At the time of writing there are only two gurus who remain on this platform: the founder and penny stock trader Tim Sykes and veteran smallcap swing trader Paul Scolardi, also known as Superman. With that taken into consideration we’ll take a look at what packaged deals each guru can offer.
From Tim Sykes Tim Sykes: Tim’s Alerts
Sykes provides basic stock trading services with the main priority being penny-stock day trading via Tim’s Alerts. The cost is $74.95 monthly, you will see him focus on the basic stock catalysts and employ them to predict the next possible moves in trading.
A single purchase of Tim’s Alerts will get you access to the chatroom and the mobile app that’s available to iOS and Android devices, text, e-mail and push alerts as well as a daily watchlist of stocks.
Tim Sykes: From Tim Sykes: The Pennystocking Silver Package
Pennystocking Silver is the most premium, upgraded version of the Tim’s Alerts program. Priced at $149.95 per month, it is the perfect plan for those who are committed to penny stock trading. Pennystocking Silver includes all the basic features that were included in the previous plan, which includes swing trading alerts as well as unlimited access to a library of more than 7,000 instructional videos, with new ones released every week.
In “Superman” Paul Scolardi: Superman Alerts
Scolardi, who goes by the name “Superman,” is a swing trading professional with an eye for tiny-cap massive stocks as well as wildly accurate marketing forecasts. Since he began as a trader, Superman has amassed over $5.5 million in all-time trading earnings. Tim Sykes Profitly Dvds
The Superman Alerts plan is his offer of the most essential features and trading alerts targeted toward those who may be interested. For $147/month, you’ll get access to the daily premarket stock watchlist and the mobile app, 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, plus access to an extensive base of knowledge of information provided by Superman himself via Superman Pro. Superman Pro package. In addition to the basic features that are included in the Alerts package, Superman Pro gives you weekly video lessonsthat include a growing library of all previous lessons. On top of that, you’ll also get the ability to access premium reports on research and an IPO or earnings monitor.
Profit.ly plans and costs
If you’re looking to join the trading community on the internet and leave a mark in the industry, Profit.ly has the right amount of tools to get you started. Profit.ly offers three membership levels that are designed to accommodate traders with different levels. Let’s break down what these three levels are and what they will cost you.
This package for novices is Profit.ly’s basic plan that is designed specifically for those who are new to the trading world. Once you have signed up for this plan you’ll be offered a range of strong and indispensable trading tools, all of them integral in keeping your fingers on what we could call a ruthless process in and of itself.
The list of features you can do with Profit.ly’s Novice package is the ability to confirm the results of your trades and track profit and follow-up, leading and even texting your fellow traders; and providing feedback on trades today. You’re also allowed to get on leaderboards, analyze the results of your analysis, sort, or filter the trades you make and lastly, look at the statistics of other traders.
The Novice plan will cost $29.95 per monthly payment. Although it looks attractive just by the price however, there’s a drawback. You can’t create a private profile, which makes your activities publicly available. If you’re looking to gain an account with this option, be watching for us to introduce to you Profit.ly’s new plan.
The Trader plan allows you to take advantage of many of the features of the novice plan. It is in this plan that you can create an individual profile that allows you to share with fellow associates all your insights and information you have gained from trader’s community.
The price is $49.95/month, Profit.ly’s Trader plan will do what the name implies caters for those looking to develop their skills in trading. As nice as it seems, there is one significant aspect that’s not included. Unlike the previous Novice package, you won’t be able to view other traders’ statistics, which could be a problem for some who may be anticipating this level. Tim Sykes Profitly Dvds
This is by far the most luxurious package Profit.ly could offer for seasoned traders. At $74.95 per month, which includes an additional 22% discount when billed annually the Pro plan has everything. You get full, no-holds-barred access to all the features from the two prior plans.
Not only do you get to view other people’s stats and data, but you also have the option of creating an individual profile. These two features are plus the other benefits that you can use to their fullest capacity. If you’re looking for a plan that can serve all the features you need to be an experienced trader, the Pro plan is ideal for you!
Profit.ly’s Other Services
Apart from the provided training tools and the leaderboards, Profit.ly provides a variety of more services it has to provide. One of those is its online store, which allows users to pick from a range 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 website can be purchased immediately for personal use. These include best-selling products like”Trading Tickers, “Trading Tickers” series by trader specialist Tim Grittani, Timothy Sykes’s collection of DVDs, streaming-only content on penny stocking, short stocking, and all other related to trading, videos and clips taken from The Annual Pennystocking Conference, and items from other experts in trading.
The chat rooms that are integrated are also part of Profit.ly’s array of services and features. You may be familiar with the chat room since you can see it across messaging and social platforms, as well as some specialty websites that offer live chat assistance. However, in Profit.ly the chat room is viewed as a hands-on space where experts and their members trade and exchange knowledge in real-time. Every guru has their own way in operating their chat room and dealing with the listed members. One might be more laid back and rarely engaged, while another could be more online and communicative in their interactions with students. Consider chatrooms as 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 cater to an array of stock trader types, from novices to experienced professionals. With the variety of deals it can provide, the platform surely has something for every person.
For instance, newbies will appreciate Profit.ly’s library of learning information available on the platform. In addition, they will be provided with videos every week and chat room tips from its in-house gurus as well as their members. They’ll also be able select from the products on its store online for them to take wherever they may travel. You can also get hands-on experiences from trading within the platform, however, they will soon learn that the process is a risky game that should not be viewed as an amusing pastime.
For traders who have decades of experience in the line, we believe Profit.ly as equally as suitable to them as those who are just starting. While novice traders may not be as well-equipped with managing trading but the experts already know the way it functions and the plethora of risks associated with it. Ideally, they may use Profit.ly’s range of features to their full advantage to improve their trading abilities. As beginners, they are able to learn from the experts and experts and utilize those quick tips and tidbits throughout the process.
Profit.ly’s ‘all-together’ nature isn’t limited to novices or semi-experienced trader. Experts who have been verified can also participate in the excitement! People in the trade industry who are on an equal level with Superman and Tim Sykes can also use the power of Profit.ly’s abilities to show off their expertise to other traders as a way to navigate them through the ever-changing trading process. Tim Sykes Profitly Dvds
Profit.ly’s Pros and Cons
- Profit.ly’s numerous capabilities as a ‘one-stop’ stock trading platform enable it to provide traders everywhere with a wealth of education tools, communication, and trading tools
- You will receive excellent training and advice from the company’s internal experts, which include collections of educational videos as well as live trading activity.
- You’re guaranteed transparency throughout Profit.ly with accurate analytics as well as fellow traders who are ready 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 capabilities, Profit.ly also gives its customers extra options that can be tailored to their individual preferences, for instance, posting unverifiable trades through images
- Profit.ly’s diverse range of subscription plans and guru packages are priced at reasonable prices There’s something for everyone
- Profit.ly’s bountiful stream of packages and products offered may be too much for the majority of its users
- Since traders can choose to post any kind of trade, there is an opportunity that some them could profit from cherry-picking the best trades to increase the rating – this may be a risk that shouldn’t be ignored.
- Profit.ly does not accept refunds, as its premium users are expected to instantly benefit from the number of features the platform is able to offer
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 this platform shouldn’t be viewed as a quick-fix scheme to make money. The platform wasn’t originally intended to be created for this reason. Instead, you need to have curiosity. Tim Sykes Profitly Dvds
What we mean by ‘yes’ is that it can be a great learning tool. People who are stuck may discover Profit.ly’s variety of resources to be helpful when they try their best to avoid losses and be more successful than they did before. Not only poor traders that can benefit from the platform. It can accommodate beginners and even experts!
If you really desire to be more successful in trading and would like to be taught by your peers and experts throughout the process, then look no further – Profit.ly may be a great option to begin.
FAQ Tim Sykes Profitly Dvds
How do you use Profit.ly to make your trades public?
Profit.ly has a trade entry portion under the “My Trade section of the dashboard which lets you record your trades, verifiable or otherwise. There are three choices:
- Linking your account with your brokerage of choice and then importing transactions directly through there
- Manually entering your trades using the spaces provided and details
- Send a screen shot of your trades
How do I know whether the trade is authentic or not?
If you purchase your trade from a reputable brokerage, there is a high probability that it’s verifiable. This is indicated with the blue check mark. If you upload it in a manual way or by taking images, it will be assigned as unverified.
The disadvantage of an unauthenticated trade is the chance of receiving downvotes from fellow peers. A large number of downvotes could cause you to show up on the Madoff leaderboard, which is where the public can see who’s dishonest in posting trades.
Does the Profit.ly mobile application still available?
At the time of writing, Profit.ly is still available for download on the App Store for Apple and the Google Play store. The mobile version of the app is compatible with the majority of operating tablets and smartphones.
How many people are currently using Profit.ly?
Profit.ly is currently home to over 150,000 investors and traders as they not only are trying to maximize profits but also to help one another grow and learn more about acquiring stock market opportunities all over the world.