The stock market can be a high-stakes game. Some days, you may enjoy the benefits of positive and satisfying numbers. However, on other days it could be the reverse and it can be very difficult to return to where you were your most productive. If you are immersed in the water it is important to realize that relying on pure instinct and preservation is not always 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 enormous boost from your fellow traders from around the globe, which is why we’ve found an option that can help you in your growth within the field. We’ll be taking a look at Profit.ly A well-respected all-in-one 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 Promo
Value: 4.1/5
Quality: 4.1/5
Costs: 4.1/5
User Experience: 4.5/5
Summary
Profit.ly is an online trading platform that enables traders of various 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.
What exactly is Profit.ly?
Profit.ly is a trading website that functions as a training and learning platform for traders who are starting out and as a hub for traders with experience to keep track of their performance with the help of sophisticated analytics tools. Offering users a broad range of resources for communication and trade that help traders from all walks of life network with one another. It offers gurus with an opportunity to invest in the right areas that the site. Imagine it as the social media equivalent the likes of Facebook and Reddit, but for experts and traders.
Profit.ly independently validates trade performance and publishes all data from them in the style of leaderboards. The platform for trading is built on trust and transparency. it makes sure that trades are authentic and won’t tolerate inauthenticity as much as is humanly possible. It was established years ago by the penny stock trade expert and investment expert Timothy Sykes, along with the other expert Michael Mosseri.
One time during his interview for Forbes publication, Sykes declared that Profit.ly was driven by its focus “on showing all trades, something that has never been prior to.” This idea, he added, served two goals: 1.) keeping track of public data for all traders, not just the gurus and newsletter authors and students and secondly) making it possible for all users to gain insight into both the wins and losses for the trading industry’s benefit. Tim Sykes Promo
How Does It Work?
Profit.ly follows a subscription-based model which allows stock traders to gain access to a multitude of features and services aimed toward achievement. You may set up an account at no cost, however you’re only limited to having the ability to navigate through the leaderboard and follow the actions of non-gurus. If you’re ready to invest your money in order to find out which stocks the gurus are trading in real-time it is necessary to join one of Profit.ly’s deals that we’ll review in the coming days.
Setting up an account is simple: Create an account with your experience and expertise, connect your brokerage account, and you’ll have a chance to shoot through at the very top of the list. Profit.ly’s leaderboard feature, as previously mentioned it is designed to provide its users a glimpse of the performance of the trading community and its experts. You’re not just allowed to prove that you’re worthy to the large group of traders. You can also utilize Profit.ly to purchase with a professional with the assurance that you’re comfortable with their expertise and the veracity of their assertions.
If you feel uneasy with the idea of divulging information about your account with a brokerage, you can opt to post your trades, whether verified or not, by taking photographs. Also included in Profit.ly are a variety of courses in trading as well as the ability to look at the stats of a trader’s account as well as other ways to interact with your experts via chatrooms 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 trading personality who is famously known for delving his hands into the penny-stock market. According to Investopedia, a penny stock refers to a small company’s stock that trades for under $5 for each share. The trading of penny stocks could be viewed as an opportunity for small-scale businesses to make the transition into a larger market because they can access capital from the public. But don’t make the mistake of thinking that it’s also a high-risk game, which Sykes can surely tell thanks to his years of expertise.
Since his initial beginnings in the latter years of High School, Tim Sykes has, since then, made more than $6 million in earnings through his lengthy career as a trader. At the age of 25 Sykes was given more exposure and a wider impact when he was a part of the reality TV show “Wall Street Warriors.” He then used the opportunity to create trading rooms as well as penny stock themes and educational material aimed at those who are just beginning to learn about the trading field. He also played a role in establishing Profit.ly as a platform for openness, and for the community to uplift and compete against each other through the platform.
The Profit.ly Gurus
One of Profit.ly’s amazing features is the wide range of educational resources, trade alerts, and other useful stuff offered by the company’s internal gurus. These gurus refer to the trading experts who have proven to make substantial profits from their collective years of expertise. Tim Sykes Promo
At its height, Profit.ly had housed up to five gurus, all of them an expert in their field of expertise within the world of trading. Some of the prominent experts were Connor Bruggermann, Nathan Michaud of Investors Underground, and Triforce among others. At the time of writing, there are only two gurus who remain on the platform: the 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 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 through Tim’s Alerts. Costing $74.95 monthly, you will see him focus on the fundamental stock catalysts and use them to forecast the next moves that could occur when making trades.
A purchase on its own from Tim’s Alerts will get you access to the chatroom, as well as the mobile app available for iOS and Android devices; text, e-mail 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 package. Priced at $149.95 monthly, it is an ideal plan for those who are committed to penny stock trading. Pennystocking Silver offers all the essential features of earlier plans which includes swing trading alerts and unlimited access to an extensive collection of more than 7,000 educational videos and new videos released every week.
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The following video is from “Superman” Paul Scolardi: Superman Alerts
Scolardi, who goes by the alias “Superman,” is a swing trading professional with an eye for small-cap monumental stocks and crazy-accurate marketing forecasts. Through the years since he began as a trader, Superman has amassed over $5.5 million in all-time trading profits. Tim Sykes Promo
The Superman Alerts package is his offer of the most essential features and alerts on trading geared toward those who may be interested. For $147 per month, you’ll gain an access to the day-to-day stock watchlist that is premarket along with the mobile app, the daily market updates in real-time, and email and SMS alerts.
In “Superman” Paul Scolardi: Superman Pro
For $247 per month, you can enjoy additional features and access to an extensive base of knowledge provided by Superman himself via Superman Pro. Superman Pro package. In addition to the basic features featured in the Alerts plan, Superman Pro gives you weekly video lessonsthat include the growing collection of the previous ones. Additionally, you’ll also get an access to high-quality research papers and an IPO and earnings tracker.
Profit.ly Plans and Costs
If you’re ready to join the world of online trading and leave a mark in the industry, Profit.ly has the right amount of resources to help you going. The platform has three membership tiers, each designed for traders with different levels. Let’s break down what these three levels are and what they will cost you.
Novice Plan
The package called Novice is Profit.ly’s beginning-of-the-line plan specifically for those who are just beginning their journey to the world of trading. As you sign up for this package, you will be immediately given a slew of robust and indispensable trading tools, all of them integral in keeping your fingers on what we could call a ruthless process by itself.
Some of the features you can accomplish using Profit.ly’s Novice package include the ability to confirm the results of your trades and track profit and follow-up, leading and even texting other traders; and providing feedback on trades today. You’re also allowed to get on leaderboards; analyze your trades, sort and filter your trades and, lastly, view other people’s statistics.
The Novice plan will cost $29.95 per monthly payment. While it may look attractive just by the price however, there’s a drawback. It isn’t possible to create a private profile, which makes your activities publicly available. If you do want to 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 allows you to use many of the features of the novice plan. It is in this plan that you can create a private profile for sharing with fellow associates all your insights and knowledge you gain from the trading community.
Costing $49.95/month, Profit.ly’s Trader plan does what the name suggests: Cater people who want to harness their skills in trading. While it’s nice, there is one significant feature that is missing. As opposed to the prior Novice package, this one won’t be able to see other traders’ statistics this might be a drawback for those looking forward to this tier. Tim Sykes Promo
Pro Plan
This is by far the most premium package that Profit.ly can offer to experienced traders. It costs $74.95 monthly, which includes a 22% discount for billing annually, this tier has it all. It gives you full, unlimited access to all the features from the two previous plans combined.
Not only do you get to view other people’s stats and data, but you also have the chance to create a private profile. Both of these features, plus the other benefits that you can use to the maximum extent. If you’re in search of a plan that can serve you with everything you require as a skilled trader, maybe the Pro level is the right choice for you!
Profit.ly’s Other Services
In addition to the tools for training and leadersboards Profit.ly offers a number of other services they offer. One of them is the online store, which lets users choose from a wide array of videos created to guide you through the ins and outs of trading. The products listed in this section of the site can be purchased immediately for personal use. Among these products include best-sellers such as”Trading Tickers, “Trading Tickers” series by trader professional Tim Grittani, Timothy Sykes’s collection of DVDs, streaming-only content related to penny stocking, short stocking, and all other related to trading, videos and scenes taken from events like the Annual Pennystocking Conference, and items from other experts in trading.
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Chat rooms integrated into Profit.ly are as well part of Profit.ly’s array of services and features. You may be familiar with chat rooms since you will see it on social and messaging platforms and also on a few specialty websites that provide live chat assistance. But on Profit.ly it’s seen as a real-time space where experts and their member traders can communicate and exchange knowledge in real-time. Every guru has their own way in operating their chat room and dealing with the listed members. One of them may be more laid back and rarely engaged, while another could be more active and in touch in their interactions with students. Consider chat rooms like Profit.ly’s version of the forum in essence.
Who is the ideal Trader for Profit.ly?
Profit.ly’s wide range of products and features caters to the wide range of stock traders, ranging from novices to the most experienced. With the variety of deals it has to offer, the platform surely has something for everyone.
Beginners, for instance, will enjoy Profit.ly’s collection of educational content offered throughout the platform. They will also be enriched with weekly videos and chat room advice from the in-house experts and members. Additionally, they can select from the products on its store online that they can take with them wherever they may travel. You can also get hands-on experiences from trading within the platform, however they’ll realize that this is a high-stakes game that should not be viewed as an opportunity to make fun of.
For traders who have years of exposure down the line, we believe Profit.ly equally suitable to them as people who are just beginning. While the newbies may not be as well-equipped with managing trading, the pros already understand the way it functions and the stack full of risks associated with it. Ideally, they may utilize Profit.ly’s array of features to their full advantage to develop their trading abilities. Like novices, they can learn from the top experts and experts , and use those simple tips and hints throughout the process.
Profit.ly’s “all-inclusive” nature doesn’t just apply to newbies and semi-experienced traders. Experts who have been verified can also participate in the excitement! Those in the trading industry who are on the same level as Superman and Tim Sykes can also use Profit.ly’s capabilities. Profit.ly’s abilities to show off their expertise to other traders as a way to assist them in the ever-changing trading process. Tim Sykes Promo
Profit.ly’s Pros and Pros and
The Pros
- Profit.ly’s numerous capabilities as a “one-stop’ platform for trading stocks allows traders from all over the world with an abundance of knowledge communications, trading, and communication tools
- You will be provided with excellent lessons and advice from the company’s internal experts, which include video libraries that teach you how to learn and trading in real-time.
- You can be sure of complete transparency through Profit.ly with precise analytics as well as other traders that are waiting to reach you out if something occurs.
- The leaderboard feature of the platform offers you a way to build your reputation as a reliable and verifiable trader
- Apart from its main capabilities, Profit.ly also gives its customers additional options to meet their individual preferences, for instance, posting trades that are not authentic by taking photographs
- Profit.ly’s diverse range of subscription levels and guru packages are priced at a reasonable cost – there truly is something for everyone
The Cons
- Profit.ly’s abundance of packages and products offered may seem overwhelming for most of its users
- As traders may opt to post any kind of trade, there’s a possibility that some of them could profit from selecting the best trades in order to improve their ratings – this may be a problem that shouldn’t be ignored.
- Profit.ly does not offer refunds as the premium customers are expected to immediately take advantage of the numerous services that the platform can offer
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The Final Concluding Question: Is Profit.ly worth it?
If we could come up with an answer to this question, it would be a ‘yes’. But you need to understand that the platform should not be used as a quick-fix scheme to make money. The platform wasn’t originally designed to be used for this reason. Instead, you should have the ability to think with an open heart. Tim Sykes Promo
What we do mean”yes” is that it can be a great learning tool. For those who are struggling, they could discover Profit.ly’s range of resources useful in their efforts to avoid loss and perform better than they did before. It’s not only the struggling traders who will benefit from the platform. It can accommodate beginners and even experts in the field!
If you really desire to be better at trading and wish to be taught by your mentors and peers on the way, look no further – Profit.ly could be a good choice to start.
FAQ Tim Sykes Promo
How do you use Profit.ly to publish your trades?
Profit.ly offers the option of allowing trade entries under the My Trade section of the dashboard which lets you record your trades, either verified or otherwise. You may choose between three choices:
- Linking your account to the brokerage of choice and importing transactions directly through there
- Manually inputting your trades with the spaces provided and details
- Upload a screenshot of your trades
What can I do to determine if the trade is verifiable or not?
If you purchase your trade from a reputable brokerage, there’s a high likelihood that it can be verified. This is evident by the small blue check. If you submit the information manually or via screenshots, it will automatically be assigned as unverified.
The disadvantage of an unverified trade is the possibility of receiving negative feedback from colleagues. A large number of downvotes could cause you to be listed at the top of the Madoff leaderboard, where users can see who’s untruthful in submitting trades.
Are the Profit.ly mobile app still in use?
At the time of writing, Profit.ly is still available to download from the Apple App Store and on the Google Play store. The mobile app version is compatible with the majority of functioning tablets and smartphones.
How many are on Profit.ly?
Profit.ly currently houses over 150,000 traders and investors, as they not only are trying to maximize profits but also to help one another learn and improve in acquiring opportunities in the stock market both right and left.
