Stock trading is a high-stakes game. On certain days, you might enjoy the benefits of pleasing and positive numbers. On other days, however it could be the reverse and it could be extremely difficult to return to where you were at your most productive. If you are immersed in the water You will need to recognize that relying on your instincts and preserving may not always be enough.
If you’ve been incurring loss from time to time You’ll need reliable advice from tested and tried trading experts. You’re also gonna need an enormous boost from your trading partners from all over the globe, which is why we’ve identified an online platform that will help you in your improvement in the industry. In this review, we’ll take the time to look at Profit.ly is a well-known 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.
Total Rating: 4.1/5 Tim Sykes Programs
The User’s Experience 4.5/5
Profit.ly offers an internet-based trading service that enables traders of different levels to be informative responsible, transparent, and encouraging each other by offering a wide range of features and tools such as chat rooms, trade verification, and an enriched library of educational content.
How do I define Profit.ly?
Profit.ly is a trading site which serves as a learning and education platform for traders who are starting out and as a hub for traders who are experienced to monitor their performance using the aid of cutting-edge analytics tools. Offering users a broad array of options for communication and trade, it helps traders from all walks of life connect with each other. It offers gurus with worthwhile investments within the confines that the site. Think of it as an online social media platform similar like Facebook and Reddit however it is geared towards traders and experts.
Profit.ly independently validates trade performance and posts all the data from them in the form of leaderboards. The trading platform is built on transparency and honesty: it guarantees that the trades are valid and won’t tolerate inauthenticity as much as is humanly possible. It was established in the past by penny stock trade expert and investment expert Timothy Sykes, along with fellow expert Michael Mosseri.
In an interview with Forbes magazine Sykes said that Profit.ly was driven by its focus “on the transparency of all trades, something that was never done before.” This idea, he added, served two purposes: 1) making public records for all traders, not just the gurus and newsletter writers and students, and 2) allowing anyone on the platform to gain insight into both the wins and losses to the benefit of the trading industry. Tim Sykes Programs
How Does It Perform?
Profit.ly is a subscription-based platform that allows stock traders to have access to a range of tools and services that are geared at achieving the success of their business. You can create an account there 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 interested in investing your money to see which stocks the gurus are trading in real time You’ll need to sign up to one of Profit.ly’s deals that we’ll go over shortly.
The process of opening an account is simple: Create a profile with your experiences and knowledge, then connect to your brokerage account and you have yourself an opportunity to make your way up to high on the leaderboard. Profit.ly’s leaders’ board feature as previously mentioned, is designed to give its users an insight into how the community of traders performs and its gurus. You’re not just allowed to prove value to a group of traders, but you can also use Profit.ly to buy from a guru with the assurance that you’re confident with their expertise and the legitimacy of their claims.
If you feel uneasy with the concept of leaking information about your account with a brokerage, you may decide to share your trades, verified or otherwise, through screenshots. In Profit.ly is the huge selection of trading classes, the ability to view stats in a trader’s profile, and more ways to communicate with your gurus in the chatroom, along with email and text alerts as well as updates.
Meet Tim Sykes, the founder: Tim Sykes
Timothy Sykes is a well-renowned day trader who is well-known for his involvement in trades in penny stocks. According to Investopedia, a penny stock refers to a small company’s stock that trades for just less than 5 cents per share. The penny stock market can be seen as an opportunity for small-scale businesses to make the transition to a market that is larger as it allows them to access funds from the general public. But don’t make the mistake of thinking that it can also be an extremely risky activity, as Sykes can surely tell through his many years of expertise.
Beginning in the latter years of High School, Tim Sykes has, since then, made more than $6 million in earnings during his long and successful career as trading professional. When he was 25 years old Sykes was given greater exposure and an even wider reach of influence when he was a part of the reality show “Wall Street Warriors.” He then took advantage of it to establish trading rooms, penny stock themes, and educational material aimed at those who are new to the trading field. He also helped establish Profit.ly as a place for openness, and for the community to lift each other up and compete through the platform.
The Profit.ly Gurus
One of Profit.ly’s most appealing features is the vast array of learning tools, trade alerts and other useful stuff offered by the in-house experts of the platform. The gurus in question refer to the trading experts who have made significant amounts of profit from their combined years of expertise. Tim Sykes Programs
At its peak, Profit.ly had housed up to five gurus, all of them an expert 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, there are only two gurus who remain on this platform: Founder as well as penny-stock trader Tim Sykes and veteran smallcap swing trader Paul Scolardi, also known as Superman. In light of that, let’s take a look at what packaged deals each guru can offer.
From Tim Sykes Tim Sykes
Sykes provides basic stock trading services with the main priority being penny-priced day trading with Tim’s Alerts. Costing $74.95 per month, you’ll be able to be able to see him concentrate on the fundamental catalysts for stocks and utilize them to predict the next move that is possible when trading.
A single purchase from Tim’s Alerts will get you access to the chatroom and the mobile application that is available on iOS and Android devices; text, e-mail 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, upgraded version of the Tim’s Alerts package. Priced at $149.95 for a month it is the perfect plan for those who are more involved in investing in penny stocks. Pennystocking Silver offers all the essential features found in prior plans, including swing trading alerts as well as unlimited access to a rich collection of more than 7,000 educational videos that are updated weekly.
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. Through the years since when he first started trading, Superman has amassed over $5.5 million in trading profits. Tim Sykes Programs
The Superman Alerts package is his offering of essential features and trading alerts geared towards those who might be interested. For just $147 per month, you’ll have an access to the day-to-day premarket stock watchlist along with the mobile app, daily market commentary in real time, and E-mail and SMS alerts.
From “Superman” Paul Scolardi: Superman Pro
For $247 per month, you can enjoy additional features, as well as access to a knowledgeable base of information 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 have the ability to access premium reports on research and an IPO and earnings tracker.
Profit.ly plans and costs
If you’re looking to join the trading community on the internet and make a mark on the market, Profit.ly has the right amount of tools to get you up and running. The platform has three membership levels that cater to traders with different levels. Let’s take a look at what these three levels are and what they will cost you.
The Novice package is Profit.ly’s basic plan that is designed specifically for those who are just beginning their journey to the world of trading. As you sign up for this plan, you will be immediately provided with a variety of powerful and essential trading tools, all of which is essential to keep your fingers on what could call a ruthless process by itself.
The list of features you can accomplish using Profit.ly’s Novice package is the ability to confirm trades and track profits and follow-up, leading, and even messaging your fellow traders; and giving feedback on the trades of today. It also allows you to be on leaderboards; analyze the results of your analysis, sort, or filter the trades you make and, finally, see other’s stats.
The Novice plan costs $29.95 per month. Although it might look appealing for the price alone however, there’s a drawback. You can’t create a private profile, thus making your personal information public. If you do want to gain an account with this option, you should keep an eye on us as we present to you Profit.ly’s next strategy.
The Trader Plan
The Trader package allows you to use the majority of features available in the novice plan. It is in this plan that you are able to create an account that is private to share with fellow associate users all the insights and information you have gained from the trading community.
Priced at $49.95/month, Profit.ly’s Trader plan will do what the name implies caters for those looking to harness their skills in trading. Although it’s a nice thing however, there’s a crucial aspect that’s not included. In contrast to the Novice package, this one won’t be able view other traders’ statistics that might be a drawback for those eager to try this new tier. Tim Sykes Programs
The Professional plan can be described as the highest premium package that Profit.ly offers to experienced traders. It costs $74.95 per month, and a 22% discount for annual billing, this tier has everything. You get full, no-holds-barred access to all options of the prior plans.
You’re not only able to view other people’s stats and data, but you also have the chance to create an individual profile. These two features are on top of all the advantages that you can utilize to the fullest potential. If you’re looking for a plan that can serve you everything you need as an experienced trader, the Pro tier could be for you!
Profit.ly’s Other Services
Apart from the provided training tools and the Leaderboards Profit.ly provides a variety of additional services that it can provide. One of these is its online store, which allows users to pick from a range of instructional videos that are designed to inform and provide guidance on the nuances and pitfalls of trading. Each of the offerings listed in this section of the website can be bought immediately for your personal use. Among these products include best-sellers like the “Trading Tickers” series from trading professional Tim Grittani, Timothy Sykes’s collection of DVDs and streaming-only content on penny stocking, short stocking, as well as all aspects of trading. There are also clips and scenes of The Annual Pennystocking Conference, and items from other experts in trading.
Chat rooms integrated into Profit.ly are included in Profit.ly’s variety of services and features. You are probably familiar with chat rooms since you will see it on social and messaging platforms, as well as some specialty websites that provide live chat assistance. But in Profit.ly the chat room is viewed as a real-time area where experts and members trade and exchange knowledge in real-time. Every guru has their own way in running their chat rooms and dealing with the listed members. One might be more laid back and not very often active, while another might be more active and in touch with their students. Consider 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 traders, ranging from beginners to experienced pros. Given the wide range of options it offers this platform definitely has something for all.
For instance, newbies will enjoy Profit.ly’s collection of educational information available on the platform. In addition, they will be enriched with weekly videos and chat room tips from the in-house experts and their members. They’ll also be able choose from the items on its store online for them to take wherever they travel. They can also gain hands-on experiences by trading through the platform, but eventually, they will soon learn that trading is a risky game that should not be viewed as an opportunity to make fun of.
For those traders who have had years of exposure down the road, we consider Profit.ly equally suited for them as it is for the newcomers. While the newbies may not be as proficient in dealing with trading issues but the experts already know how it works and the risky mix that come with it. Ideally, they may use Profit.ly’s range of options to their maximum advantage to enhance their trading abilities. Like beginners, they can study from the gurus and experts and utilize those simple tips and hints along the way.
Profit.ly’s “all-in” approach doesn’t just apply to newbies as well as semi-seasoned traders. Experts who have been verified can also participate in the enjoyment! Trade professionals who are at an equal level with Superman as well as Tim Sykes can also use the power of Profit.ly’s abilities to show off their expertise to other traders as a way to navigate them through the ever-changing trading process. Tim Sykes Programs
Profit.ly’s Pros and Pros and
- Profit.ly’s many capabilities as a ‘one-stop’ platform for trading stocks allows it to provide traders everywhere with tons of learning, communication, and trading tools
- You will be taught by experts and insights from its internal experts, which include libraries of educational videos and live trading activity.
- You can be sure of complete transparency through Profit.ly with accurate analytics as well as fellow traders who are ready to reach you out whenever something happens
- The platform’s leaderboard feature gives you the opportunity to increase your credibility as a trustworthy and verifiable trader
- In addition to its primary abilities, Profit.ly also gives its customers extra options that can be tailored to their needs, like posting unauthentic trades via photographs
- Profit.ly’s diverse range of packages and subscription levels are priced at reasonable prices There is truly something for every person
- Profit.ly’s bountiful stream of products and packages offered might seem overwhelming for most of its customers
- Since traders can choose to open any kind of trade, there’s a possibility that some of them will profit by picking the most profitable trades to improve their ratings this could be a concern that should not be ignored.
- Profit.ly does not offer refunds because the premium customers will immediately take advantage of the numerous services the platform has to provide
The Final Verdict: Is Profit.ly Worth It?
If we could think of an answer to this question, it would be an affirmative “yes”. But you need to understand that it shouldn’t be treated as a scheme to get rich quick. The platform wasn’t originally meant to be designed for this reason. Instead, you should have the ability to think with an open heart. Tim Sykes Programs
What we mean”yes” is it is a fantastic learning tool. Those who may be stuck could find Profit.ly’s variety of resources helpful when they try their best to avoid losses and perform better than they did before. Not only poor traders that can benefit from the platform. It will be able to accommodate beginners as well as even experts!
If you truly care about being a better trader and want to be taught by your mentors and peers throughout the process, then you should look no further than Profit.ly. Profit.ly may be a great alternative to start.
FAQ Tim Sykes Programs
How can you make use of Profit.ly to make your trades public?
Profit.ly offers the option of allowing trade entries within the ‘My Trade section of the dashboard which lets you record your trades that are verified or otherwise. You may choose between three options:
- Linking your account to the brokerage of choice and importing the trades from that directly
- Manually entering your trades using the spaces provided and details
- Send a screen shot of your transactions
How do I know whether the trade can be verified or not?
If you import your trade from a reputable brokerage, there is the likelihood that it can be verified. This is shown by the blue check mark. If you post the information manually or via screenshots, it will automatically be classified as unverified.
The downside of having an unauthentic trade is the risk of getting downvotes from your colleagues. Too many downvotes may cause you to show up at the top of the Madoff leaderboard, where people can see who’s dishonest in posting trades.
Does the Profit.ly mobile app still available?
As of the moment, Profit.ly is still available for download on the App Store for Apple and on the Google Play store. The mobile app version is compatible with most functioning tablets and smartphones.
How many are 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 help each other grow and learn more about acquiring opportunities on the stock market both right and left.