The stock market can be an extremely risky game. On some days, you could enjoy the benefits of positive and satisfactory numbers. On other days, however it could be the reverse and it could be very difficult to get back to where you were your best. If you’re constantly stuck in the gutter, you will have be aware that relying solely on your instincts and preserving is not always enough.
If you’ve been incurring occasional losses and you’re likely to require reliable advice from tested and tried trading experts. You’re also gonna need an important boost from fellow traders from around the globe, which is why we’ve discovered an option that can help you in your growth in the market. This review will take an in-depth look at Profit.ly, a well-recognized 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.
Total Rating: 4.1/5 Tim Sykes Profitly Reddit
The User’s Experience 4.5/5
Profit.ly is an online trading platform that permits traders of various levels to be informative and accountable, as well as transparent and to build relationships with each other by offering a wide range of features and tools such as chat rooms, trade verification as well as an extensive library of educational material.
How do I define Profit.ly?
Profit.ly is a trading site which serves as a learning and education platform for traders who are just beginning their journey and also as a platform for traders with experience to keep track of their performance through the use of cutting-edge analytics tools. It provides users with a vast range of resources for communication and trade and letting traders from all walks of life network with one another. It also allows gurus to make an opportunity to invest in the right areas that the site. Think of it as a social media site akin the likes of Facebook and Reddit but with a focus on professionals and traders.
Profit.ly independently verifies trade performances and posts all the data from them in the form of leaderboards. The trading platform is built on transparency and honesty: it makes sure that trades are valid and won’t accept fake news as long as possible. It was founded many years ago by penny stock trade expert and investment guru Timothy Sykes, along with fellow expert Michael Mosseri.
One time during his interview with Forbes publication, Sykes declared that Profit.ly was driven by its focus “on the transparency of all trades, something that has never been prior to.” This idea was, he said, serving two objectives: one) keeping track of public data for not just the gurus, but also the students and newsletter writers as well as) giving everyone on the platform to gain insight into both losses and wins to the benefit of the trading industry. Tim Sykes Profitly Reddit
How Does It Perform?
Profit.ly is a subscription-based platform which allows stock traders to benefit from a variety of tools and services that are geared toward achievement. You may set up an account on the site at no cost, however you’re limited to access to the leaderboard and follow the activities of people who aren’t gurus. If you’re looking to invest your money and see what stocks the experts are trading in real time You’ll need to subscribe to any of Profit.ly’s offerings that we’ll discuss in the near future.
The process of opening an account is easy: create an account that includes your personal information and knowledge, then connect to your brokerage account and you’ll have a chance to shoot your way to the top of the leaderboard. Profit.ly’s leaderboard feature, as we’ve mentioned earlier, is designed to give its users an insight into how the community of traders performs and its gurus. It’s not only a chance to show that you’re worthy to the community of traders, but you are also able to use Profit.ly to purchase with a professional with the assurance that you’re confident with their expertise and the veracity of their claims.
If you are unsure about the concept of leaking information about your account with a brokerage, then you could opt to post your trades, verified or not, via pictures. Also included in Profit.ly are the vast number of trading courses and the capability to see statistics on a person’s profile, and more ways to interact with your experts in the chatroom, in addition to 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 trader who is famously known for his efforts in penny stock trading. According to Investopedia the term “penny stock” refers to a small company’s stock which trades at just less than 5 cents per share. Penny stock trading can be seen as an avenue for small companies to move to a large marketplace as they can access money from the public. However, don’t get it wrong – it can also be an extremely risky activity, as Sykes can surely tell through his many years of experience.
Since his initial beginnings at the end of his time in High School, Tim Sykes has, since then, made over $6 million of earnings through his lengthy career as a trader. When he was 25 years old, he had been given greater exposure and an even wider impact when he was a part of the reality series “Wall Street Warriors.” He then used the opportunity to establish trading rooms as well as penny stock themes and educational content geared toward those who are new to trading. He also played a role in establishing Profit.ly as a place of transparency and for the community to uplift and compete against each other through the platform.
The Profit.ly Gurus
One of Profit.ly’s sweet inclusions is the wide range of education resources, trade alerts, as well as other useful information provided by the platform’s in-house gurus. These gurus refer to the experts in trading who have proven to make significant amounts of profit through their years of experience. Tim Sykes Profitly Reddit
At its height, Profit.ly had housed up to five gurus. Each of them a pro within their particular field in the trading industry. Some of the most prominent gurus included Connor Bruggermann, Nathan Michaud of Investors Underground, and Triforce among others. At the time of writing however, 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 what packaged deals each guru offers.
From Tim Sykes Tim Sykes
Sykes offers a basic stock trading service that focuses on penny stock day trading through Tim’s Alerts. Costing $74.95 monthly, you’ll be able to see him focus on the fundamental stock catalysts and use them to predict 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 for iOS and Android devices, email, text, and push alerts; and a daily stock watchlist.
from Tim Sykes: The Pennystocking Silver Package
Pennystocking Silver is the premium version, with an upgraded version of Tim’s Alerts program. At $149.95 for a month this is a great option for investors who are involved in penny stock trading. Pennystocking Silver offers all the essential features found in the previous plan, including swing trading alerts and unlimited access to a rich library of over 7,000 educational videos, with new ones released weekly.
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The following video is from “Superman” Paul Scolardi: Superman Alerts
Scolardi who goes under the name “Superman,” is a swing trading professional with an eye for both small-cap monumental stocks and crazy-accurate marketing forecasts. Through the years since the time he started trading, Superman has amassed over $5.5 million in trading earnings. Tim Sykes Profitly Reddit
The Superman Alerts plan is his offer of the most essential features and trading alerts targeted to those interested. For just $147 per month, you’ll have access daily stock watchlist that is premarket as well as the mobile application, daily market commentary shown 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 an extensive base of knowledge of information provided by Superman himself via the Superman Pro package. In addition to the basic features that are included in the Alerts plan, Superman Pro gives you daily video lessons, which include a growing library of all the previous ones. On top of that you’ll also have an access to high-quality research papers as well as an IPO or earnings monitor.
Profit.ly Plans and Costs
If you’re ready to join the online trading community and leave your mark on the field, Profit.ly has the right amount of resources to help you up and running. The platform has three membership levels, each designed for traders with different levels. Let’s take a look at what these three are and how much they’ll cost you.
This package for novices is Profit.ly’s entry-level plan designed especially for people who are brand new to the trading community. As you sign up for this plan you’ll be given a slew of robust and vital trading tools, each of them integral in keeping your hands on what we call a competitive process in and of itself.
Some of the features you can do using Profit.ly’s Novice program is the ability to verify trades and track profits as well as leading, following, and even messaging your fellow traders; and giving feedback on the trades of today. It also allows you to be on leaderboards, analyze, sort, as well as filter trades and lastly, look at the statistics of other traders.
The Novice plan is $29.95 per monthly payment. While it may look attractive just by the price, there is a downside. It isn’t possible to create a private profile, which makes your activities publicly available. If you’re interested in get an account with this option, you should be watching for us to introduce to you Profit.ly’s new plan.
The Trader Plan
The Trader plan allows you to use the majority of features available in the Novice plan. In this plan, that you can create an account that is private to share with fellow associates all your insights and intel in this trading group.
Costing $49.95/month, Profit.ly’s Trader plan will do what the name implies: Cater for those looking to improve their skills in trading. Although it’s a nice thing but there’s one important feature that is missing. In contrast to the Novice package, this one won’t be able to view other traders’ statistics that could be a problem for those looking forward to this tier. Tim Sykes Profitly Reddit
This is by far the most premium package that Profit.ly offers to experienced traders. With $74.95 each month and an additional 22% discount for annual billing This plan offers everything. You get full, no-holds-barred access to all the features of the previous plans combined.
Not only do you get to view other people’s stats as well, you’re also offered the opportunity to create a private profile. Both of these features, plus the other advantages that you can utilize to the fullest potential. If you’re looking for an account that will give you with everything you require as a skilled trader, maybe the Pro level is ideal for you!
Profit.ly’s Other Services
Apart from the provided tools for training and leadersboards Profit.ly has a few other services they offer. One of those is its online store, which allows users to select from a variety of video products created to guide you through the nuances and pitfalls of trading. All of the products featured in this section of the website is available to be bought immediately for your personal use. Some of these include bestsellers like”Trading Tickers, “Trading Tickers” series by trading specialist Tim Grittani, Timothy Sykes’s library of DVDs and streaming-only content about penny stocking, short stocking, and other aspects of trading. There are also clips and clips of The Annual Pennystocking Conference, and items from other experts in trading.
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The integrated chat rooms are also part of Profit.ly’s variety of features and services. You are probably familiar with chat rooms since you can see it across social and messaging platforms, and also on a few specialty websites that offer live chat support. But in Profit.ly it’s seen as a real-time space where experts and their members can interact and share knowledge in real-time. Each guru has their style in operating their chat room and in dealing with the members there. One might be laid back and less active, while another may be more active and in touch in their interactions with students. Consider chatrooms as Profit.ly’s version of the forum, in essence.
Who is the ideal Trader for Profit.ly?
Profit.ly’s variety of offerings and features are geared towards an array of stock traders, from novices to experienced professionals. With the variety of deals it offers it is certain to have something for every person.
Beginners, for instance, can take advantage of Profit.ly’s collection of educational materials available across the platform. Not only will they get daily videos and chat room tips from its in-house gurus and their members. Additionally, they can select from the products on its store online to carry with them wherever they be. They can also gain hands-on experiences from trading within the platform, however they’ll be able to realize that trading is a risky game that shouldn’t be treated as an amusing pastime.
For traders who have many years of experience down the line, we believe Profit.ly equally suited to them as those who are just starting. While the newbies may not be as proficient in managing trading however, experienced traders know how it works and the plethora of risks that it carries. In the ideal scenario, they can make use of Profit.ly’s variety of options to their maximum advantage to improve their trading skills. Like beginners, they can learn from the top experts and experts and utilize those short tips and tricks along the way.
Profit.ly’s “all-in” approach doesn’t just apply to newbies or semi-experienced trader. Verified experts can also join in the excitement! Trade professionals who are on similar levels to Superman as well as Tim Sykes can also use Profit.ly’s capabilities. Profit.ly’s capabilities to showcase their expertise to other traders as a way to guide them through the ever-illustrious trading process. Tim Sykes Profitly Reddit
Profit.ly’s Pros and Cons
- Profit.ly’s diverse capabilities as a ‘one-stop’ stock trading platform enable traders across the globe with tons of learning communications, trading, and communication tools
- You will receive excellent training and tips from the internal experts, which include video libraries that teach you how to learn and live trading activity.
- You can be sure of complete transparency through Profit.ly with accurate analytics as well as other traders who are ready to reach you when something goes wrong.
- The leaderboard feature on the platform gives you a way to build your credibility as a trustworthy and dependable trader
- In addition to its primary features, Profit.ly also gives its customers additional options to meet their individual preferences, for instance, posting unverifiable trades through screenshots
- Profit.ly’s wide array of subscription levels and guru packages are priced at reasonable prices – there truly is something for everyone
- Profit.ly’s abundance of packages and products offered may seem overwhelming for the majority of its customers
- As traders may opt to post any kind of trade, there is an opportunity that some them could profit from cherry-picking the best trades to improve their ratings – this may be a risk that shouldn’t be overlooked.
- Profit.ly will not allow refunds, as the premium customers are expected to immediately benefit from the number of features the platform is able to offer
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The Final Concluding Question: Is Profit.ly Valued?
If we could come up with the answer, it would be an affirmative “yes”. However, you must realize that it shouldn’t be treated as a quick-fix scheme to make money. It wasn’t designed to be used in this way. Instead, it is best to keep the ability to think with an open heart. Tim Sykes Profitly Reddit
What we do mean”yes” is it can be a great learning tool. For those who are struggling, they might discover Profit.ly’s array of resources useful when they try their best to incur lesser losses and be more successful than before. It’s not just the struggling traders that will benefit from the platform. It can accommodate beginners and even experts!
So, if you genuinely desire to be more successful in trading and would like to learn from your peers and experts throughout the process, then look no further – Profit.ly could be a good alternative to start.
FAQ Tim Sykes Profitly Reddit
How do you use Profit.ly to post your trades?
Profit.ly has a trade entry portion under the ‘My Trade section of the dashboard that lets you post your trades, either verified or not. There are three options:
- Linking your account to the brokerage of choice and importing the trades from that directly
- Manually entering your trades using specified spaces and information.
- Take a photo of your trades
How can I tell if the trade is verifiable or not?
If you import your trade from a trusted brokerage, there’s an excellent likelihood that it can be verified. This is shown by the small blue check. If you submit it in a manual way or by taking images, it will be classified as unverified.
The downside of having an unauthenticated trade is the possibility of receiving negative feedback from fellow peers. Too many downvotes may result in you appearing at the top of the Madoff leaderboard, where users are able to identify who is fraudulent in posting trades.
Are the Profit.ly mobile app still in use?
As of this writing, Profit.ly is still available to download from the Apple App Store and on the Google Play store. The mobile version of the app is compatible with most working smartphones and tablets.
How many people are currently connected to Profit.ly?
Profit.ly currently houses over 150,000 investors and traders since they’re not just seeking to make the most profit but also help each other develop and grow in their ability to take advantage of stock market opportunities all over the world.