Stock trading is a high-stakes game. On some days, you could have the benefit of positive and satisfying numbers. On other days, the opposite may happen and it could be extremely difficult to return to where you were your most productive. If you find yourself always in the mud it is important to realize that relying on your instincts and preserving might not be enough.
If you’ve experienced losses from time to time, you’re gonna be needing solid advice from seasoned and tested trading experts. Additionally, you’ll require an important boost from fellow traders from around the globe. That’s why we’ve discovered an online platform that will help you to improve your performance in the industry. In this review, we’ll take 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. Do check out our article below, however, because it has a comprehensive overview of Profit.ly.
Overall Rating: 4.1/5 Tim Sykes Profitly Seel
Value: 4.1/5
Quality: 4.1/5
Costs: 4.1/5
Users Experience 4.5/5
Summary
Profit.ly can be described as an online platform for trading that permits traders of various levels to be informed, transparent, accountable, and to build relationships with each other through its broad array of tools and features like chat rooms, trade verification, and an enriched library of educational content.
What is Profit.ly?
Profit.ly is a trading website 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 sophisticated analytics tools. Providing users with a wide variety of tools for trade and communication and letting traders from all walks of life connect with each other. It offers gurus with worthy investments within the boundaries that the site. Consider it a social media site akin the likes of Facebook and Reddit however it is geared towards experts and traders.
Profit.ly independently validates trade performance and publishes all data from them in the form of leaderboards. The trading platform is built on trust and transparency. it ensures that the trades are valid and won’t accept fake news as long as possible. It was founded in the past by penny stock trade expert and investment guru Timothy Sykes, along with fellow expert Michael Mosseri.
One time during his appearance in Forbes magazine Sykes said that Profit.ly was driven by its focus “on showing the entire spectrum of trades, something which was never done before.” The concept, he added, served two objectives: one) making public records for everyone, not just the experts as well as newsletter writers and students as well as) making it possible for all users to be enlightened by both losses and wins to the benefit of the trading industry. Tim Sykes Profitly Seel
How Does It Work?
Profit.ly is a subscription-based platform that allows stock traders to have access to a range of services and features geared at achieving achievement. You can create an account there at no cost, however you’re limited to access to the leaderboard and observe the activities of people who aren’t gurus. If you’re interested in investing your money to see which stocks the gurus are trading in real-time, you will need to sign up to one of Profit.ly’s offerings, which we will review in the coming days.
The process of opening an account is easy: create an account with your experience and expertise, connect your brokerage account, and you’ll be given an opportunity to make your way to the top of the leaderboard. Profit.ly’s leaderboard feature, as mentioned previously it is designed to provide its users a look at their performance as a trading group and its gurus. It’s not only a chance to prove your worth to a community of traders. You can also use Profit.ly to buy with a professional with the confidence that you are confident with their expertise and the credibility of their claims.
If you’re not comfortable with the idea of divulging the details of your broker account you can opt to post your trades, either verified or not, via screenshots. Also included in Profit.ly is the huge selection of courses in trading as well as the ability to look at the stats of a trader’s account, and more ways to communicate with your gurus via chatrooms as well as 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 guru who is famously known for his involvement in penny stock trading. According to Investopedia the term “penny stock” is a small business’s shares that trade for less than $5 per share. The penny stock market is an avenue for small companies to move to a market that is larger as they can access funds from the general public. But don’t make the mistake of thinking that it’s also an extremely risky activity, as Sykes is sure to reveal through his many years of experience.
Beginning in his late years in High School, Tim Sykes has, since then, earned more than $6 million in profit throughout his illustrious career as trader. When he was 25 years old, he had been given greater exposure and an even wider influence over time as a participant in the reality series “Wall Street Warriors.” He then used the opportunity to establish trading rooms as well as penny stock themes as well as educational content targeted at people who are brand new to the trading field. He also helped to establish Profit.ly as a place for transparency, and for the community to lift each other up and compete on the platform.
The Profit.ly Gurus
One of Profit.ly’s most appealing features is the variety of learning tools, trade alerts as well as other useful information provided by the company’s internal gurus. The gurus in question refer to the trading experts who have earned substantial profits from their combined years of experience. Tim Sykes Profitly Seel
At its peak, Profit.ly had housed up to five gurus, each of them a professional in their field of expertise within the world of trading. Some of the most famous 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: the founder of the penny stock market Tim Sykes and veteran smallcap swing trader Paul Scolardi, also known as Superman. With that taken into consideration Let’s look at the packages each guru has to offer.
From Tim Sykes: Tim’s Alerts
Sykes offers an essential stock trading service which focuses on penny-stock day trading via Tim’s Alerts. The cost is $74.95 per month, you will observe him focus on basic stock catalysts and employ them to forecast the next move that is possible when trading.
A purchase on its own of 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; 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. It costs $149.95 for a month it is an ideal plan for those who are involved in the penny-stock market. Pennystocking Silver includes all the basic features found in the previous plan, such as swing trading alerts and unlimited access to an extensive library of over 7,000 educational videos that are updated weekly.
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From “Superman” Paul Scolardi: Superman Alerts
Scolardi who is known under the name “Superman,” is a professional in swing trading with an eye for both small-cap monumental stocks and crazy-accurate marketing forecasts. Since when he first started trading, Superman has amassed over $5.5 million in all-time trading earnings. Tim Sykes Profitly Seel
The Superman Alerts plan is his package of vital features and alerts on trading geared to those interested. For just $147 per month, you’ll have access daily premarket stock watchlist along with the mobile application, daily market commentary in real-time, as well as email and SMS alerts.
The film “Superman” Paul Scolardi: Superman Pro
For the price of $247, you receive additional features, as well as access to an extensive base of knowledge that is provided by Superman himself, via Superman Pro. Superman Pro package. On top of the essentials featured in the Alerts package, Superman Pro gives you daily video lessons, which include the growing collection of other previous ones. On top of that you’ll also gain an access to high-quality research papers and an IPO and earnings tracker.
Profit.ly Programs and Costs
If you’re eager to join the online trading community and leave a mark in the market, Profit.ly has the right amount of tools to get you started. The platform has three membership levels that are designed to accommodate traders with different levels. Let’s take a look at 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 those who are just beginning their journey to the trading world. As you sign to this plan, you will be immediately provided with a variety of powerful and vital trading tools, all of them integral in keeping your hands on what we can describe as a cutthroat procedure in its own.
Some of the features you can accomplish with Profit.ly’s Novice package is the ability to confirm trades and track profits; leading, following, and even messaging your fellow traders, as well as giving feedback on the trades of today. You can also get on leaderboards, analyze, sort, or filter the trades you make and, lastly, view other’s stats.
The Novice plan is $29.95 per month. Although it might look appealing for the price alone but there’s a disadvantage. You can’t create a private account, making your personal information public. If you’re looking to gain an account with this option, you should stay tuned as we introduce to you Profit.ly’s next plan.
The Trader Plan
The Trader plan allows you to use a majority of features from The Novice package. It is in this plan that you can set up an account that is private to share with other associate users all your knowledge and intel in this trading group.
Priced at $49.95/month, Profit.ly’s Trader plan does what the name suggests caters to those who desire to improve their trading skills. While it’s nice however, there’s a crucial element that’s missing. As opposed to the prior Novice package, you will not be able view other traders’ statistics this could be a disadvantage for those anticipating this level. Tim Sykes Profitly Seel
Pro Plan
The Professional plan can be described as the highest premium package that Profit.ly can offer to experienced traders. It costs $74.95 monthly, which includes a 22% discount when billed annually, this tier has it all. You get full, no-holds-barred access to all the options of the previous plans.
You’re not only able to view other people’s stats as well, you’re also offered the chance to create an individual profile. Both of these options, plus the other advantages you’ll be able to use to the fullest potential. If you’re looking for an option that gives you with everything you require as an experienced trader, the Pro tier could be the right choice for you!
Profit.ly’s Other Services
Apart from the provided trainer tools and leaderboards, Profit.ly has a few other services they offer. One of them is the online store, which allows users to select from a variety of video products designed to inform and help you understand the nuances and pitfalls of trading. All of the products featured on this page of the website can be immediately purchased for personal use. These include best-selling products like”Trading Tickers, “Trading Tickers” series by trader expert Tim Grittani, Timothy Sykes’s collection of DVDs, streaming-only content about penny stocking, short stocking, and all other things trading-related, clips and clips of events like the Annual Pennystocking Conference, and products from other expert traders.
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The chat rooms that are integrated are as well part of Profit.ly’s variety of features and services. You’re probably familiar with the concept of the chat room as you can see it across messaging and social platforms, as well as some specialty websites that provide live chat assistance. But in Profit.ly it’s seen as a place where gurus and their members can interact and exchange knowledge in real-time. Each guru has their style in running their chat rooms and in dealing with the members. One of them may be a laid-back person who is not very often engaged, while another could be more online and communicative to their pupils. Think of chat rooms as Profit.ly’s version of a forum, in essence.
Who is the ideal trader to Profit.ly?
Profit.ly’s diverse range of products and features caters to an array of stock traders, from novices to experienced professionals. With the variety of deals it offers it is certain to have something for all.
Beginners, for instance, can take advantage of Profit.ly’s library of learning materials available across the platform. In addition, they will be provided with videos every week and chat room advice from the in-house experts and members. They’ll also be able choose from the items from its online store for them to take wherever they be. You can also get hands-on experience trading on the platform, however they’ll be able to realize that this is a high-stakes 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 see Profit.ly equally suited to them as the newcomers. Although the novices might not be as proficient in managing trading however, experienced traders know how it works along with the plethora of risks that it carries. In the ideal scenario, they can use Profit.ly’s variety of features to their best advantage to improve their trading skills. Like novices, they can learn from the experts and experts , and use those quick tips and tidbits along the way.
Profit.ly’s “all-inclusive” nature does not only apply to beginners and semi-experienced traders. Certified experts can also take part in the excitement! People in the trade industry who are on an equal level with Superman or Tim Sykes can also use the power of Profit.ly’s capabilities to showcase their skill to others as a way to assist them in the ever-changing trading process. Tim Sykes Profitly Seel
Profit.ly’s Pros and Pros and
The Pros
- Profit.ly’s numerous capabilities as a ‘one-stop’ stock trading platform allows it to provide traders everywhere with tons of learning tools, communication, and trading tools
- You get to receive excellent training and tips from the in-house gurus, including libraries of educational videos and live trading activity.
- You’re guaranteed transparency throughout Profit.ly by using accurate data as well as fellow traders who are ready to reach you when something goes wrong.
- The leaderboard feature of the platform offers you a way to build your reputation as a reliable and authentic trader
- Apart from its main abilities, Profit.ly also gives its customers additional options to meet their preferences, such as posting unverifiable trades through images
- Profit.ly’s diverse range of subscription levels and guru packages are priced at reasonable prices There is truly something for all
The Cons
- Profit.ly’s bountiful stream of packages and services offered could not be enough for a lot of its customers
- If traders decide to make any type of trade, there’s the possibility that some of them may take advantage by cherry-picking the best trades to increase the rating – this may be a risk that shouldn’t be overlooked.
- Profit.ly does not offer refunds as its premium users are expected to instantly take advantage of the numerous services that the platform can offer
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The Final Concluding Question The Final Verdict: Is Profit.ly Worth It?
If we were able to come up with the answer, it’s a ‘yes’. However, you must realize that it shouldn’t be treated as a quick-fix scheme to make money. It wasn’t meant to be designed for this reason. Instead, it is best to keep an open mind. Tim Sykes Profitly Seel
What we are referring to by ‘yes’ is that it is a fantastic learning tool. Those who may be stuck could discover Profit.ly’s variety of resources to be helpful as they do their best to avoid losses and be more successful than they did before. It’s not just the poor traders that can benefit from the platform. It can accommodate beginners and even experts in the field!
So, if you genuinely desire to be a better trader and want to learn from your mentors and peers throughout the process, then take a look at Profit.ly. Profit.ly may be a great option to begin.
FAQ Tim Sykes Profitly Seel
How can you make use of Profit.ly to post your trades?
Profit.ly offers a trade entry portion under the My Trade category on the dashboard. It lets you record your trades that are verified or not. There are three choices:
- Linking your account with your broker of choice and import the trades from that directly
- Manually inputting your trades with the spaces provided and details
- Upload a screenshot of your transactions
How do I know whether the trade can be verified or not?
If you import your trade through a reliable brokerage, there’s the chance that it is verifiable. This is shown by the blue check mark. If you post it in a manual way or by taking pictures, it will be classified as unverified.
The downside of having an unauthentic trade is the chance of getting downvotes from your colleagues. If you receive too many negative votes, it could result in you appearing on the Madoff leaderboard, where users are able to identify who is fraudulent in posting trades.
Is the Profit.ly mobile app still in use?
As of this writing, Profit.ly is still available to download from the App Store for Apple and in the Google Play store. The mobile version of the app works with all working smartphones and tablets.
How many people are currently connected to Profit.ly?
Profit.ly currently houses more than 150,000 investors and traders, as they not only are seeking to make the most profit but also to help one another learn and improve in acquiring opportunities in the stock market all over the world.
