The stock market can be a high-stakes game. On some days, you could be reaping the benefits of positive and satisfying numbers. On other days, however, the opposite may happen, and it may sometimes be very difficult to get back to where you were at your peak. If you find yourself immersed in the water You will need be aware that relying solely on instinct and survival might not be enough.
If you’ve suffered occasional losses, you’re gonna be needing 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 an option that can help you in your growth in the market. We’ll be taking an in-depth look at Profit.ly A well-respected 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. 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 Igc
Value: 4.1/5
Quality: 4.1/5
Costs: 4.1/5
The User’s Experience 4.5/5
Summary
Profit.ly can be described as an online platform for trading that allows traders of different levels to be informative responsible, transparent, and encouraging each other through its broad variety of tools and features including chat rooms, trade verification and a rich library of educational content.
How do I define Profit.ly?
Profit.ly is a trading website that serves both as a learning and education platform for those who are starting out as well as a place for traders with experience to keep track of their performance through the use of sophisticated analytics tools. It provides users with a vast array of options for trade and communication and letting traders from all walks of life network with one another. It also allows gurus to make worthwhile investments within the confines of this platform. Consider it 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 posts all the data from them in the form of leaderboards. The trading platform is built on honesty and transparency: it guarantees that the trades are authentic and won’t tolerate inauthenticity as much as is humanly possible. It was founded in the past by penny stock trade expert and investment guru Timothy Sykes, along with the other expert Michael Mosseri.
One time , during an appearance in Forbes magazine, Sykes stated that Profit.ly was motivated by its focus “on showing all trades, something that was never prior to.” The idea Sykes said served two goals: 1.) keeping track of public data for all traders, not just the gurus, but also the students and newsletter writers and secondly) allowing all users to be enlightened by both the wins and losses for the trading industry’s benefit. Tim Sykes Profitly Igc
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 success. You can create an account at no cost, however you’re limited to the capability to browse the leaderboard and follow the activities of people who aren’t gurus. If you’re ready to invest your money to 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 a profile with your experiences and skills, join to your brokerage account, and you’ll have an opportunity to make your way up to high on the leaderboard. Profit.ly’s Leaderboard function, which was mentioned previously was designed to offer its users an insight into their performance as a trading group and its gurus. You’re not just allowed to prove your worth to a large group of traders. You can also utilize Profit.ly to shop from a guru with the assurance that you’re confident of their knowledge and the legitimacy of their assertions.
If you’re not comfortable with the concept of leaking the details of your broker account you may opt to post your trades, either verified or otherwise, through pictures. Included in Profit.ly are the vast number of courses in trading, the ability to view statistics on a person’s profile, and more ways to interact with your experts through the chatroom along with email and text alerts as well as updates.
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Meet Tim Sykes, the founder: Tim Sykes
Timothy Sykes is a well-renowned day trader who is well-known for his involvement in penny stock trading. According to Investopedia Penny stock refers to a small company’s stock which trades at less than $5 per share. The penny stock market could be viewed as an opportunity for small companies to move into a larger market because it allows them to access money from the public. However, don’t get it wrong – it can also be an extremely risky activity, as Sykes can surely tell thanks to his years of experience.
Since his initial beginnings in the latter years of high school, Tim Sykes has, since then, earned over $6 million of earnings during his long and successful career as trading professional. When he was 25 years old Tim Sykes had received greater exposure and an even wider influence over time when he was a part of the reality show “Wall Street Warriors.” He took advantage of it to develop trading rooms as well as penny stock themes and educational content geared toward those who are just beginning to learn about the trading field. He also helped to establish Profit.ly as a platform for openness, and to allow the community to rise and compete on the platform.
The Profit.ly Gurus
One of Profit.ly’s most appealing features is the variety of education resources, trade alerts, and other useful stuff offered by the company’s internal gurus. Gurus are referred to the experts in trading who have earned substantial amounts of money from their combined years of experience. Tim Sykes Profitly Igc
At its height, Profit.ly had housed up to five gurus, all 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, there are only two gurus who remain on the platform: Founder and penny stock trader Tim Sykes and veteran smallcap swing trader Paul Scolardi, also known as Superman. In light of that Let’s look at what packaged deals each guru offers.
From Tim Sykes Tim Sykes: Tim’s Alerts
Sykes provides a basic stock trading service that focuses on penny-stock day trading via Tim’s Alerts. Costing $74.95 for a month you’ll be able to see him concentrate on the basic stock catalysts and employ them to anticipate the next possible moves in trading.
A standalone purchase of Tim’s Alerts will get you access to the chatroom as well as the mobile application that is available on iOS and Android devices; email, text and push alerts; and a daily stock watchlist.
Tim Sykes: From Tim Sykes: The Pennystocking Silver Package
Pennystocking Silver is the premium version that has been upgraded of the Tim’s Alerts program. It costs $149.95 for a month it is the perfect plan for investors who are committed to penny stock trading. Pennystocking Silver comes with all the standard features found in prior plans, which includes alerts for swing trading and access to an extensive library of over 7,000 educational videos, with new ones released each week.
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From “Superman” Paul Scolardi: Superman Alerts
Scolardi, who goes by the alias “Superman,” is a swing trading professional with an eye for tiny-cap massive stocks as well as wildly accurate marketing forecasts. Through the years since the time he started trading, Superman has amassed over $5.5 million in all-time trading earnings. Tim Sykes Profitly Igc
The Superman Alerts plan 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 access to the daily stock watchlist that is premarket as well as the mobile app, the daily market updates 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 a knowledgeable base that is provided by Superman himself, via his Superman Pro package. Alongside the standard features included in the Alerts plan, Superman Pro gives you weekly video lessons, including the growing collection of the previous ones. On top of that you’ll also gain an access to high-quality research papers and the IPO or earnings monitor.
Profit.ly plans and costs
If you’re ready to join the trading community on the internet and leave your mark on the field, Profit.ly has the right amount of resources to help you started. Profit.ly offers three membership tiers that cater to traders of different levels. Let’s break down what these three levels are and what 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 trading community. As you sign up for this package you’ll be given a slew of robust and indispensable trading tools, all of which is essential to keep your hands on what we call a competitive procedure in its own.
The list of features you can accomplish using Profit.ly’s Novice package include the capability to check trades and track profits; leading, following and even texting your fellow traders, as well as leaving feedback on today’s trades. It also allows you to be onto leaderboards; study your trades, sort and filter your trades; and lastly, look at other’s stats.
The Novice plan will cost $29.95 per monthly payment. Although it looks attractive simply because of the price but there’s a disadvantage. You aren’t able to create a personal profile, thus making your personal information public. If you’re interested in gain the benefit of this service, be watching for us to introduce 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 package. It is in this plan that you can create an individual profile that allows you for sharing 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 is exactly what it says caters people who want to improve their expertise in trading. While it’s nice however, there’s a crucial feature that is missing. As opposed to the prior Novice package, you will not be able to view other traders’ statistics this could be a disadvantage for those who are looking forward to this tier. Tim Sykes Profitly Igc
Pro Plan
This is by far the highest premium package that Profit.ly offers to experienced traders. It costs $74.95 each month and 22% off for billing annually This plan offers it all. You will have full, unrestricted access to all features from the two previous plans.
Not only do you get to look at other people’s statistics as well, you’re also offered the chance to create an individual profile. These two features are on top of all the advantages that you can utilize to their fullest capacity. If you’re in search of an account that will give you with everything you require as a skilled trader, maybe the Pro tier could be ideal for you!
Profit.ly’s Other Services
Apart from the trainer tools and leadersboards Profit.ly has a few other services they offer. One of these is its online store, which lets users pick from a range of video products created to provide guidance on the ins and outs of trading. Each of the offerings listed in this section of the website can be bought immediately for your personal use. Some of these include bestsellers such as”Trading Tickers, “Trading Tickers” series by trader professional Tim Grittani, Timothy Sykes’s library of DVDs and streaming-only content on short stocking, penny stocking, as well as all things trading-related, clips and scenes of The Annual Pennystocking Conference, and products from other expert traders.
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Chat rooms integrated into Profit.ly are also part of Profit.ly’s array of features and services. You’re probably familiar with the concept of the chat room as you can find it throughout social and messaging platforms, as well as some specialty websites that provide live chat assistance. But on Profit.ly it’s seen as a space where experts and their member traders can communicate and learn in real time. Each guru has their style in running their chat rooms and dealing with the listed members. One of them may be a laid-back person who is not very often active, while another may be more online and communicative with their students. Think of chat rooms like Profit.ly’s version of the forum in essence.
Who is the best Trader for Profit.ly?
Profit.ly’s wide range of products and features cater to a large variety of stock trader types, from novices to the most experienced. Considering the number of offers it has to offer it is certain to have something for all.
Newbies, for instance, can take advantage of Profit.ly’s knowledge-based information available on the platform. They will also be enriched with weekly videos and chat room advice from the in-house experts as well as their members. They’ll also be able to pick from the merchandise available on its store online for them to take wherever they may go. You can also get hands-on experience trading on the platform, however they’ll realize that the process is a risky game that should not be viewed as an opportunity to make fun of.
For those traders who have had decades of experience in the line, we believe Profit.ly as equally as suitable to the newcomers. While the newbies may not be as well-equipped with dealing with trading issues but the experts already know how it works and the stack full of risks that it carries. In the ideal scenario, they can make use of Profit.ly’s array of features to their full advantage to improve their skills in trading. 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. Verified experts can also join in the enjoyment! Those in the trading industry who are at an equal level with Superman or Tim Sykes can also use Profit.ly’s capabilities. Profit.ly’s abilities to show off their skills to others as a way to guide them through the ever-illustrious trading process. Tim Sykes Profitly Igc
Profit.ly’s Pros and Pros and
The Pros
- Profit.ly’s many capabilities as a ‘one-stop’ stock trading platform enable traders from all over the world with a wealth of education, communication, and trading tools
- You will be provided with excellent lessons and insights from its in-house gurus, including collections of educational videos as well as real-time trading activities
- You can be sure of complete transparency through Profit.ly with accurate analytics and fellow traders ready to call you out if something occurs.
- The leaderboard feature on the platform gives you the opportunity to increase your reputation as a reliable and verifiable trader
- Apart from its core capabilities, Profit.ly also gives its customers additional options to meet their individual preferences, for instance, posting trades that are not authentic by taking screenshots
- Profit.ly’s variety of subscription plans and guru packages are priced at reasonable prices – there truly is something for all
The Cons
- Profit.ly’s numerous packages and products offered may be too much for the majority of its users
- As traders may opt to open any kind of trade, there is the possibility that some of them may take advantage by cherry-picking the best trades to increase the rating This could be a problem that shouldn’t be overlooked.
- Profit.ly does not accept refunds, as its premium users will immediately take advantage of the numerous features the platform is able to offer
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The Final Verdict 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 it is important to realize that the platform should not be used as a quick-fix scheme to make money. It wasn’t meant to be designed for this reason. Instead, it is best to keep curiosity. Tim Sykes Profitly Igc
What we are referring to”yes” is that it is a fantastic learning tool. Those who may be stuck could discover Profit.ly’s range of resources to be helpful in their efforts to avoid loss and perform better than before. Not only struggling traders who will benefit from this platform. It can accommodate beginners and even experts!
If you really want to become more successful in trading and would like to be taught by your peers and experts throughout the process, then look no further – Profit.ly could be a good option to begin.
FAQ Tim Sykes Profitly Igc
What are the best ways to use Profit.ly to post your trades?
Profit.ly has an entry section for trades in the ‘My Trade’ category of the dashboard that allows you to post your trades that are verified or otherwise. You may choose between three choices:
- Connecting your account to your brokerage of choice and then importing the trades from that directly
- Manually entering your trades into provided spaces and specifics
- Send a screen shot of your transactions
How can I tell whether the trade can be verified or not?
If you purchase your trade from a trusted brokerage, there is an excellent likelihood that it can be verified. This is evident by the blue check mark. If you submit the information manually or via screenshots, it will automatically be assigned as unverified.
The downside of having an unauthenticated trade is the chance of receiving negative feedback from colleagues. If you receive too many negative votes, it could result in you appearing at the top of the Madoff leaderboard, where people are able to identify who is dishonest in posting trades.
Is the Profit.ly mobile application still available?
As of this writing, Profit.ly is still available to download from the App Store for Apple 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 using 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 develop and grow in their ability to take advantage of stock market opportunities all over the world.