The stock market can be a high-stakes game. Some days, you might be reaping the benefits of positive and satisfactory numbers. However, on other days you may experience the opposite, and it may sometimes be very difficult to return to the point 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 been incurring losses from time to time, you’re gonna be needing reliable advice from tested and tried trading experts. Also, you’ll need an important boost from trading partners from all over the world, which is why we’ve found a platform that can support you in your improvement within the field. In this review, we’ll be taking 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. To get a comprehensive overview of Profit.ly, you may still want to check out our article below.
Overall Rating: 4.1/5 Tim Sykes Profitly Edxc
Value: 4.1/5
Quality: 4.1/5
Costs: 4.1/5
User 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 as well as an extensive library of educational content.
How do I define Profit.ly?
Profit.ly is a trading site that functions as a learning and education platform for people new to trading and also as a platform for traders who are experienced to monitor their performance with the help of cutting-edge analytics tools. Providing users with a wide array of options for communication and trade that help traders from every field of business connect with each other. It gives the gurus worthy investments within the boundaries that the site. Think of it as an online social media platform similar the likes of Facebook and Reddit but with a focus on traders and experts.
Profit.ly independently checks the performance of trades and then publishes the information from them in the form of leaderboards. The platform’s trading model is based on honesty and transparency: it guarantees that the trades are authentic and won’t tolerate inauthenticity as much as it is possible. It was created in the past by penny stock trade expert and investment expert Timothy Sykes, along with the other expert Michael Mosseri.
In an appearance in Forbes magazine Sykes said that Profit.ly was motivated by its focus “on showing all trades, something that was never prior to.” The concept was, he said, serving two objectives: one) creating public track records for not just the gurus as well as newsletter authors and students as well as) making it possible for everyone on the platform to be enlightened by both losses and wins to benefit the industry of trading. Tim Sykes Profitly Edxc
How Does It How Does It
Profit.ly is a subscription-based platform that allows stock traders to benefit from a variety of features and services aimed at achieving the success of their business. It is possible to create an account on the site for free, but you’re limited to access to the leaderboard and observe the actions of non-gurus. If you’re looking to invest your money in order to find out which stocks the gurus are trading in real-time it is necessary to subscribe to any of Profit.ly’s offerings, which we will go over shortly.
Making an account easy: create an account that includes your personal information and expertise, connect to your brokerage account, and you have yourself a chance to shoot your way up to high on the leaderboard. Profit.ly’s leaderboard feature, as mentioned previously, is designed to give its users a glimpse of how the community of traders performs as well as its gurus. It’s not only a chance to prove your worth to a large group of traders, but you are also able to use Profit.ly to shop with a guru, and have the confidence that you are confident of their knowledge and the credibility of their claims.
If you’re not comfortable with the idea of sharing information about your account with a brokerage, you may opt to post your trades, verified or otherwise, through photographs. Also included in Profit.ly are a variety of trading classes, the ability to view the stats of a trader’s account and other methods to communicate with your gurus via chatrooms along with 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 is famously known for delving his hands into penny stock trading. According to Investopedia Penny stock is a small business’s stock that trades for under $5 for each share. The trading of penny stocks is an opportunity for small-scale businesses to make the transition to a market that is larger as it allows them to access capital from the general public. But don’t be mistaken – it’s also an extremely risky game, as Sykes is sure to reveal thanks to his years of experience.
Beginning in his late years in high school, Tim Sykes has, since then, earned over $6 million of profit through his lengthy career as trader. At 25 years old, he had been given greater exposure and a larger impact when he became part of 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 the trading field. He also helped to establish Profit.ly as a platform for 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 as well as other useful information provided by the in-house experts of the platform. The gurus in question refer to the trading experts who have made significant amounts of profit through their years of experience. Tim Sykes Profitly Edxc
At its peak, Profit.ly had housed up to five gurus, each of them a pro in their field of expertise in the field of trading. Some of the most prominent experts were Connor Bruggermann, Nathan Michaud of Investors Underground, and Triforce as well as a handful of others. As of this writing, however, only two gurus remain on the platform: the founder of the penny stock market Tim Sykes and veteran smallcap swing trader Paul Scolardi, also known as Superman. When we take that into account Let’s look at what packaged deals each guru offers.
From Tim Sykes Tim Sykes
Sykes offers basic stock trading services which focuses on penny stock day trading through Tim’s Alerts. Costing $74.95 per month, you’ll see him focus on the fundamental stock catalysts and use them to forecast the next move that is possible when trading.
A single purchase in Tim’s Alerts will get you access to the chatroom as well as the mobile app that’s available to iOS and Android devices; email, text and push alerts; as well as a daily watchlist of stocks.
from Tim Sykes: The Pennystocking Silver Package
Pennystocking Silver is the highest-quality, upgraded version of the Tim’s Alerts package. It costs $149.95 per month, this is an ideal plan for those who are involved in penny stock trading. Pennystocking Silver includes all the basic features found in the previous plan, which includes alerts for swing trading and access to an extensive collection of more than 7,000 educational videos, with new ones released each week.
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From “Superman” Paul Scolardi: Superman Alerts
Scolardi who is known under the alias “Superman,” is a swing trading professional with an eye for tiny-cap massive stocks as well as wildly accurate marketing forecasts. In the time since he began as a trader, Superman has amassed over $5.5 million in total trading profits. Tim Sykes Profitly Edxc
The Superman Alerts package is his package of vital features and alerts on trading geared to those interested. For $147 per month, you’ll gain an access to the day-to-day premarket stock watchlist and the mobile application, daily market commentary shown in real-time, as well as email and SMS alerts.
In “Superman” Paul Scolardi: Superman Pro
At $247/month, you get additional features, as well as access to an extensive base of knowledge of information provided by Superman himself through his Superman Pro package. In addition to the basic features that are included in the Alerts package, Superman Pro gives you weekly video lessonsthat include an ever-growing library of the previous ones. On top of that you’ll also have the ability to access premium reports on research as well as an IPO as well as earnings tracking tool.
Profit.ly Programs and Costs
If you’re ready to join the world of online trading and leave your mark on the market, Profit.ly has the right amount of resources to get you up and running. 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.
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 plan, you will be immediately given a slew of robust and indispensable trading tools, all one of them essential in keeping your hands on what we could call a ruthless procedure in its own.
Some of the features you can do using Profit.ly’s Novice program is the ability to confirm trades and track profits as well as leading, following, and even messaging your fellow traders; and providing feedback on trades today. You’re also allowed to get on leaderboards; analyze your trades, sort and filter your trades; and, finally, see other people’s statistics.
The Novice plan will cost $29.95 per month. Although it looks attractive just by the price however, there’s a drawback. You can’t create a private profile, which makes your personal information public. If you’re interested in gain access to this feature, stay tuned as we introduce to you Profit.ly’s next plan.
Trader Plan
The Trader package allows users to benefit from many of the features of the novice plan. It is in this plan that you can set up an account that is private to share with other associate users all the insights and intel in the trading community.
Costing $49.95/month, Profit.ly’s Trader plan is exactly what it says: Cater people who want to improve their trading skills. As nice as it seems, there is one significant aspect that’s not included. In contrast to the Novice package, you won’t be able to view the statistics of other traders that could be a problem for some who may be eager to try this new tier. Tim Sykes Profitly Edxc
Pro Plan
This is by far the most luxurious package Profit.ly can offer to experienced traders. At $74.95 each month and 22% off for billing annually, this tier has everything. You will have full, unrestricted access to all the features from the two prior plans.
You’re not only able to see other users’ stats, but you’re also given the chance to create a private profile. Both of these options, in addition to the advantages that you can utilize to the fullest potential. If you’re in search of a plan that can serve you everything you need as a skilled trader, maybe the Pro tier could be the right choice for you!
Profit.ly’s Other Services
In addition to the tools for training and leadersboards Profit.ly offers a number 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 created to help you understand the ins and outs of trading. All of the products featured on this page of the website can be immediately purchased for personal use. Among these products include best-sellers like”Trading Tickers,” the “Trading Tickers” series from trading specialist Tim Grittani, Timothy Sykes’s collection of DVDs and streaming-only content related to penny stocking, short stocking, as well as all related to trading, videos and clips of events like the Annual Pennystocking Conference, and items from other experts in trading.
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Chat rooms integrated into Profit.ly are also part of Profit.ly’s range of services and features. You’re probably familiar with the chat room since you will see it on social and messaging platforms as well as some specialty websites that offer live chat assistance. However, in Profit.ly it’s seen as a space where experts and their members can interact and exchange knowledge in real-time. Every guru has their own way in running their chat rooms and dealing with the listed members there. Some may be a laid-back person who is not very often engaged, while another could be more interactive and online in their interactions with students. Think of the chat rooms as 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 caters to a large variety of stock traders, ranging from novices to experienced professionals. With the variety of deals it can provide it is certain to have something for all.
For instance, newbies will appreciate Profit.ly’s collection of educational materials available across the platform. They will also be provided with videos every week and chat room advice by its internal gurus as well as their members. Additionally, they can select from the products on its store online that they can take with them wherever they travel. Additionally, they can gain practical experience trading on the platform, but ultimately, they will soon learn that the process is a high stakes game that should not be viewed as a joke.
For the traders with many years of experience down the line, we believe Profit.ly equally suitable to them as people who are just beginning. While the newbies may not be as adept at handling trading matters however, experienced traders know the way it functions and the stack full of risks that it carries. Ideally, they may utilize Profit.ly’s variety of features to their best advantage to enhance their trading skills. As beginners, they are able to learn from the experts and experts and utilize those simple tips and hints to help them along.
Profit.ly’s “all-inclusive” nature isn’t limited to novices or semi-experienced trader. Certified experts can also take part in the enjoyment! Trade professionals who are at the same level as Superman and Tim Sykes can also use up Profit.ly’s capabilities to showcase their skills to others in order to assist them in the ever-changing trading process. Tim Sykes Profitly Edxc
Profit.ly’s Pros and Cons
The Pros
- Profit.ly’s diverse capabilities as a ‘one-stop’ platform for trading stocks allows traders from all over the world with a wealth of education communications, trading, and communication tools
- You will receive excellent training and advice from the company’s internal experts, which include 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 fellow 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 authentic trader
- Apart from its main capabilities, Profit.ly also gives its customers additional options to meet their preferences, such as posting trades that are not authentic by taking images
- Profit.ly’s wide array of packages and subscription levels are priced at reasonable prices – there truly is something for everyone
The Cons
- Profit.ly’s bountiful stream of packages and services offered could seem overwhelming for the majority of its customers
- Since traders can choose to make any type of trade, there’s an opportunity that some them could profit from cherry-picking the best trades to boost their rating – this may be a concern that should not be overlooked.
- Profit.ly does not offer refunds because the premium customers are expected to immediately take advantage of the numerous services that the platform can 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 this platform shouldn’t be viewed as a quick-fix scheme to make money. The platform wasn’t originally intended to be created in this way. Instead, you need to have curiosity. Tim Sykes Profitly Edxc
What we do mean”yes” is it can be a great learning tool. For those who are struggling, they might find Profit.ly’s variety of resources useful when they try their best to avoid losses and perform better than they did before. It’s not only the poor traders that can profit 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 learn from your fellows and gurus along the way, then you should look no further than Profit.ly. Profit.ly may be a great alternative to start.
FAQ Tim Sykes Profitly Edxc
What are the best ways to use Profit.ly to post your trades?
Profit.ly offers an entry section for trades in the ‘My Trade section of the dashboard that allows you to post your trades, either verified or not. There are three options:
- Linking your account with your broker of choice and import the trades from that directly
- Manually entering your trades using specified spaces and information.
- Upload a screenshot of your trades
What can I do to determine 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 indicated with the small blue check. If you submit the information manually or via images, it will be classified as unverified.
The disadvantage of an unverified trade is the chance of getting downvotes from your friends and colleagues. If you receive too many negative votes, it could result in you appearing at the top of the Madoff leaderboard, where people can see who’s dishonest in posting trades.
Is the Profit.ly mobile app still in use?
As of this writing, Profit.ly is still available for download on the Apple App Store as well as the Google Play store. The mobile app version works with all operating tablets and smartphones.
How many people are currently connected to Profit.ly?
Profit.ly currently houses over 150,000 investors and traders, as they not only are trying to maximize profits but also assist each other to grow and learn more about acquiring stock market opportunities left and right.