Stock trading can be an extremely risky game. Some days, you might be reaping the benefits of positive and satisfying numbers. On other days, the opposite may happen and it could be very difficult to return to where you were your peak. If you find yourself immersed in the water You will need be aware that relying solely on instinct and survival may not always be enough.
If you’ve been incurring occasional losses and you’re likely to require solid advice from seasoned and tested trading experts. Additionally, you’ll require an enormous boost from your colleagues in the market from all over the globe, which is why we’ve discovered an online platform that will help you in your growth within the field. In this review, we’ll take 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. 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 Nbev
Users Experience 4.5/5
Profit.ly offers an internet-based trading service that permits traders of various levels to be informative and accountable, as well as transparent and encouraging each other through its broad variety of tools and features including chat rooms, trade verification, and an enriched library of educational material.
How do I define Profit.ly?
Profit.ly is a trading site which serves as a training and learning platform for traders who are just beginning their journey and as a hub for traders who are experienced to monitor their performance using the aid of advanced analytics tools. It provides users with a vast array of options for communication and trade, it helps traders from every field of business connect with each other. It also allows gurus to make worthwhile investments within the confines of the platform. Consider it a social media site akin to Facebook and Reddit but with a focus on traders and experts.
Profit.ly independently verifies trade performances and then publishes the information from them in the style of leaderboards. The trading platform is built on transparency and honesty: it ensures that the transactions are legitimate and will not accept fake news as long as it is possible. It was founded years ago by the penny expert in stock trading and investment expert Timothy Sykes, along with the other expert Michael Mosseri.
One time , during an interview with Forbes magazine Sykes said that Profit.ly was driven by its focus “on showing every trade, something that has never been done before.” This idea, he added, served two goals: 1.) keeping track of public data for all traders, not just the gurus, but also the newsletter writers and students and secondly) making it possible for everyone on the platform to learn from both the wins and losses to the benefit of the trading industry. Tim Sykes Profitly Nbev
How Does It Perform?
Profit.ly is a subscription-based platform that lets stock traders gain access to a multitude of services and features geared toward achievement. You can create an account on the site at no cost, however you’re only limited to having the capability to browse the leaderboards and monitor the activities of people who aren’t gurus. If you’re ready to invest your money and see what stocks the experts are trading in real time it is necessary to sign up to one of Profit.ly’s offerings, which we will review in the coming days.
Setting up an account is simple: Create an account that includes your personal information and knowledge, then connect to your brokerage account, and you’ll have the chance to climb your way to high on the leaderboard. Profit.ly’s Leaderboard function, which was previously mentioned it is designed to provide its users a glimpse of how the community of traders performs as well as its gurus. You’re not just allowed to show value to a community of traders. You are also able to use Profit.ly to buy from a guru with the confidence that you are confident in their skills and the veracity of their claims.
If you are unsure about the concept of leaking information about your account with a brokerage, you can opt to post your trades, either verified or otherwise, through screenshots. Included in Profit.ly are the vast number of courses in trading as well as the ability to look at statistics on a person’s profile and other methods to interact with your experts via chatrooms along with notifications via email or text as well as updates.
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Meet the Founder: Tim Sykes
Timothy Sykes is a well-renowned day trading personality who is well-known for his involvement in the penny-stock market. According to Investopedia the term “penny stock” refers to a small company’s stock which trades at just less than 5 cents per share. The trading of penny stocks could be viewed as a stepping stone for small businesses to transition into a larger market because they can access funds from the general public. But don’t make the mistake of thinking that it’s also a high-risk game, which Sykes can surely tell because of his decades of expertise.
Since his initial beginnings at the end of his time in the high schools, Tim Sykes has, since then, earned an estimated $6 million profit throughout his illustrious career as trader. When he was 25 years old Tim Sykes had received greater exposure and a larger influence over time when he became part of the reality series “Wall Street Warriors.” He took advantage of it to create trading rooms as well as penny stock themes as well as educational content targeted at those who are new to the trading field. He also played a role in establishing Profit.ly as a place for openness, and for the community to lift each other up and compete against each other through the platform.
The Profit.ly Gurus
One of Profit.ly’s most appealing features is the vast array of learning resources, trade alerts, as well as other useful information provided by the in-house experts of the platform. The gurus in question refer to the experts in trading who have earned significant amounts of profit from their combined years of knowledge. Tim Sykes Profitly Nbev
At its peak, Profit.ly had housed up to five gurus, all of them a professional in their niche in the field of trading. Some of the prominent gurus included Connor Bruggermann, Nathan Michaud of Investors Underground, and Triforce as well as a handful of others. At the time of 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 we’ll take a look at the packages each guru offers.
From Tim Sykes Tim Sykes: Tim’s Alerts
Sykes offers an essential stock trading service that focuses on penny-priced day trading with Tim’s Alerts. At $74.95 monthly, you’ll be able to observe him focus on fundamental stock catalysts and use them to forecast the next move that is possible when trading.
A purchase on its own from Tim’s Alerts will get you access to the chatroom, as well as the mobile application that is available to iOS and Android devices; email, text 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 version that has been upgraded of the Tim’s Alerts package. It costs $149.95 per month, it is a great option for investors who are committed to investing in penny stocks. Pennystocking Silver comes with all the standard features found in earlier plans which includes alerts for swing trading and access to a library of more than 7,000 instructional videos, with new ones released weekly.
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From “Superman” Paul Scolardi: Superman Alerts
Scolardi who goes under the alias “Superman,” is a professional in swing trading with an eye for both massive stocks of the small-cap size and insanely accurate marketing forecasts. Since the time he started trading, Superman has amassed over $5.5 million in total trading earnings. Tim Sykes Profitly Nbev
The Superman Alerts plan is an package of vital features and alerts on trading geared to those interested. For $147/month, you’ll get access to the daily premarket stock watchlist and the mobile app, the daily market updates in real time, and E-mail and SMS alerts.
From “Superman” Paul Scolardi: Superman Pro
At $247/month, you get additional features and access to a knowledgeable base that is provided by Superman himself, via Superman Pro. Superman Pro package. In addition to the basic features that are included in the Alerts plan, Superman Pro gives you weekly video lessons, including the growing collection of previous lessons. In addition you’ll also gain 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 online trading community and leave your mark on the market, Profit.ly has the right amount of resources to get you up and running. The platform has three membership levels, each designed for traders at different levels. Let’s take a look at what these three are and how much they will cost you.
The package called Novice is Profit.ly’s beginning-of-the-line plan specifically for those who are new to the trading world. Once you have signed to this plan you’ll be given a slew of robust and vital trading tools, each of which is essential to keep your fingers on what could call a ruthless process in and of itself.
The list of features you can accomplish with Profit.ly’s Novice program is the ability to verify trades and track profits and follow-up, leading and even chatting with other traders; and leaving feedback on today’s trades. You’re also allowed to get on leaderboards, analyze the results of your analysis, sort, or filter the trades you make and, lastly, view other people’s statistics.
The Novice plan costs $29.95 per monthly payment. Although it might look appealing for the price alone but there’s a disadvantage. You aren’t able to create a personal profile, thus making your actions public. If you’re looking to have access to this feature, stay tuned as we introduce to you Profit.ly’s new plan.
The Trader package lets users to benefit from many of the features of the novice plan. It is in this plan that you can set up an individual profile that allows you to share with other associates all your insights and intel in the trading community.
Costing $49.95/month, Profit.ly’s Trader plan is exactly what it says catering for those looking 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, this one won’t be able to view other traders’ statistics, which could be a problem for some who may be looking forward to this tier. Tim Sykes Profitly Nbev
This is by far the highest premium package that Profit.ly could offer for seasoned traders. At $74.95 each month with a 22% discount when billed annually This plan offers it all. You will have full, unrestricted access to all features of the prior plans.
You’re not only able to view other people’s stats, but you’re also given the option of creating your own 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 an account that will give you everything you need as an experienced trader, the Pro level is the right choice for you!
Profit.ly’s Other Services
In addition to the training tools and the leadersboards Profit.ly has a few more services it has to offer. One of those is its online store, which lets users choose from a wide array of videos designed to inform and provide guidance on the ins and outs of trading. The products listed in this section of the site can be bought immediately for your personal use. Some of these include bestsellers such as”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 other related to trading, videos and scenes from The Annual Pennystocking Conference, and products from other expert traders.
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The chat rooms that are integrated are also part of Profit.ly’s range of features and services. You’re probably familiar with the chat room since you can see it across messaging and social platforms, and also on a few specialty websites that provide live chat support. However, in Profit.ly, it is seen as a area where experts and members can interact and learn in real time. Every guru has their own style when it comes to running their chat room and in dealing with the members there. One of them may be laid back and not very often active, while another may be more interactive and online to their pupils. Think of chatrooms as Profit.ly’s version of a forum, in its essence.
Who is the Ideal Trader for Profit.ly?
Profit.ly’s diverse range of products and features cater to an array of stock traders, ranging from beginners to experienced pros. With the variety of deals it offers this platform definitely has something for everyone.
For instance, newbies will appreciate Profit.ly’s collection of educational materials available across the platform. Not only will they be provided with videos every week and chat room advice by its internal gurus and members. Additionally, they can choose from the items on its store online to carry with them wherever they go. You can also get hands-on experiences by trading through the platform, but eventually, they will soon learn that the process is a high-stakes game that shouldn’t be treated as an opportunity to make fun of.
For the traders with many years of experience down the line, we see Profit.ly equally suitable for them as it is for people who are just beginning. While novice traders may not be as proficient in managing trading but the experts already know how it works along with the plethora of risks that it carries. It is ideal to utilize Profit.ly’s variety of options to their maximum advantage to develop their trading skills. Like beginners, they can learn from the experts and experts , and use those quick tips and tidbits throughout the process.
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 fun! Those in the trading industry who are at 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 navigate them through the ever-changing trading process. Tim Sykes Profitly Nbev
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 tons of learning, communication, and trading tools
- You get to be provided with excellent lessons and insights from its inside experts, as well as 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 that are waiting to reach you out if something occurs.
- The platform’s leaderboard feature gives you the chance to establish your credibility as a trustworthy and verifiable trader
- In addition to its primary abilities, Profit.ly also gives its users extra options to suit their preferences, such as posting unverifiable trades through screenshots
- Profit.ly’s diverse range of subscription plans and guru packages are priced at reasonable prices – there truly is something for everyone
- Profit.ly’s abundance of packages and services offered could be too much for most of its customers
- Since traders can choose to open any kind of trade, there is an opportunity that some them will profit by cherry-picking the best trades to improve their ratings This could be a risk that shouldn’t be simply overlooked
- Profit.ly will not allow refunds as its premium users are expected to instantly take advantage of the numerous services the platform has to offer
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The Final Concluding Question The Final Verdict: Is Profit.ly Worth It?
If we could think of the answer, it would be yes. But it is important to realize that this platform shouldn’t be viewed as a scheme to get rich quick. The platform wasn’t originally designed to be used to achieve this goal. Instead, you should have the ability to think with an open heart. Tim Sykes Profitly Nbev
What we do mean”yes” is it can be a great learning tool. People who are stuck may find Profit.ly’s array of resources useful as they do their best to avoid loss and perform better than before. Not only struggling traders who will benefit from this platform. It is able to accommodate novices and even experts in the field!
If you really 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 is a fantastic choice to start.
FAQ Tim Sykes Profitly Nbev
How do you use Profit.ly to make your trades public?
Profit.ly includes the option of allowing trade entries under the “My Trade section of the dashboard. It lets you record your trades, either verified or otherwise. You may choose between three choices:
- Linking your account with your brokerage of choice and then importing trades directly from there
- Manually entering your trades into provided spaces and specifics
- Take a photo of your transactions
What can I do to determine whether the trade can be verified or not?
If you purchase your trade from a reputable brokerage, there’s a high likelihood that it can be verified. This is indicated with the small blue check. If you post it in a manual way or by taking screenshots, it will automatically be classified as unverified.
The disadvantage of an unauthenticated trade is the chance of receiving downvotes from friends and colleagues. A large number of downvotes could cause you to show up on the Madoff leaderboard, where people can detect who’s being untruthful in submitting trades.
Does the Profit.ly mobile app still available?
As of this writing, Profit.ly is still available to download from the Apple App Store and the Google Play store. The mobile version of the app is compatible with the majority of working smartphones and tablets.
How many are on Profit.ly?
Profit.ly is currently home to over 150,000 traders and investors, as they not only are seeking to make the most profit but also assist each other to grow and learn more about acquiring opportunities in the stock market both right and left.