The stock market can be an extremely risky game. On certain days, you may have the benefit of positive and satisfying numbers. On other days you may experience the opposite, and it may sometimes be very difficult to return to the point you were at your most productive. If you are immersed in the water You will need to recognize 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 reliable advice from tested and tried trading experts. Additionally, you’ll require an enormous boost from your fellow traders from around the globe. That’s why we’ve found a platform that can support you to improve your performance in the industry. We’ll take a 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 Pyracy
The User’s Experience 4.5/5
Profit.ly offers an internet-based trading service that permits traders of all levels to be informative responsible, transparent, and encouraging one another through its wide array of tools and features like chat rooms, trade verification, and an enriched library of educational material.
How do I define Profit.ly?
Profit.ly is a site for trading that functions as a learning and training platform for people who are just beginning their journey and also as a platform for traders who are experienced to monitor their performance with the help of cutting-edge analytics tools. Providing users with a wide variety of tools for communication and trade, it helps traders from every field of business connect with one another. It offers gurus with worthy investments within the boundaries of the platform. Imagine it as a social media site akin to Facebook and Reddit, but for professionals and traders.
Profit.ly independently verifies trade performances and publishes all data of them in the manner of leaderboards. The platform’s trading model is based on trust and transparency. it guarantees that the trades are valid and won’t accept fake news as long as it is possible. It was established in the past by penny expert in stock trading and investment guru Timothy Sykes, along with his colleague Michael Mosseri.
One time during his appearance in Forbes magazine Sykes stated that Profit.ly was based “on showing all trades, something that has never been done before.” The concept Sykes said served two purposes: 1) creating public track records for all traders, not just the gurus, but also the newsletter authors and students as well as) giving anyone on the platform to learn from both losses and wins for the trading industry’s benefit. Tim Sykes Pyracy
How Does It How Does It
Profit.ly is a subscription-based platform that lets stock traders benefit from a variety of features and services aimed towards achieving the success of their business. You can create an account on the site for free, but you’re limited to access to the leaderboard and observe the activities of non-gurus. If you’re interested in investing your money in order to find out what stocks the experts are trading in real-time You’ll need to join one of Profit.ly’s deals that we’ll discuss in the near future.
Making an account easy: create an account that includes your personal information and skills, join to your brokerage account, and you’ll be given an opportunity to make your way up to at the very top of the list. Profit.ly’s leaderboard feature, as previously mentioned was designed to offer its users a glimpse of their performance as a trading group as well as its experts. It’s not just a way to prove value to a large group of traders, but you can also utilize Profit.ly to purchase with a guru, and have the confidence that you are confident with their expertise and the legitimacy of their claims.
If you’re not comfortable with the idea of divulging your brokerage account, then you could opt to post your trades, either verified or not, via screenshots. In Profit.ly are the vast number of trading classes, the ability to view stats in a trader’s profile as well as other ways to interact with your experts in the chatroom, in addition to 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 his efforts in trades in penny stocks. According to Investopedia, a penny stock refers to a small company’s shares that trade for less than $5 per share. The penny stock market could be viewed as a stepping stone for small businesses to transition to a market that is larger as it allows them to access money from the general public. But don’t make the mistake of thinking that it’s also a high-risk game, which Sykes will be able to tell you because of his decades of expertise.
Beginning in the latter years of high school, Tim Sykes has, since then, made more than $6 million in profit throughout his illustrious career as trading professional. At the age of 25, he had been given greater exposure and a larger influence over time when he became part of the reality TV show “Wall Street Warriors.” He then took advantage of it to create trading rooms and penny stock themes and educational content geared toward people who are brand new to the trading field. He also played a role in establishing Profit.ly as a platform for openness, and to allow the community to rise and compete with each other on the platform.
The Profit.ly Gurus
One of Profit.ly’s sweet inclusions is the wide range of learning resources, trade alerts, and other helpful stuff provided by the company’s internal gurus. The gurus in question refer to experts in the field of trading who have made substantial amounts of money from their combined years of knowledge. Tim Sykes Pyracy
At its peak, Profit.ly had housed up to five gurus, each of them a professional within their particular field in the field of trading. Some of the most famous experts included Connor Bruggermann, Nathan Michaud of Investors Underground, and Triforce, among a few 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. With that taken into consideration Let’s look at the packaged offers each guru has to offer.
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 for a month you will 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 standalone purchase in Tim’s Alerts will get you access to the chatroom, as well as the mobile app available on iOS as well as Android devices, as well as text, e-mail and push alerts; and a daily stock watchlist.
from Tim Sykes: The Pennystocking Silver Package
Pennystocking Silver is the highest-quality version that has been upgraded of the Tim’s Alerts program. It costs $149.95 for a month this is the perfect plan for those who are committed to penny stock trading. Pennystocking Silver includes all the basic features found in prior plans, which includes swing trading alerts and unlimited access to a library of more than 7,000 instructional videos and new videos released each week.
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From “Superman” Paul Scolardi: Superman Alerts
Scolardi who is known under the name “Superman,” is a trader who has 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 trading profits. Tim Sykes Pyracy
The Superman Alerts plan is an package of vital features and trading alerts geared to those interested. For $147/month, you’ll get access daily premarket stock watchlist along with the mobile application, daily market commentary in real-time, and SMS and e-mail alerts.
From “Superman” Paul Scolardi: Superman Pro
For the price of $247, you receive additional features and access to a knowledgeable base that is provided by Superman himself via his Superman Pro package. Alongside the standard features that are included in the Alerts plan, Superman Pro gives you weekly video lessons, including 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 as well as earnings tracking tool.
Profit.ly Plans and Costs
If you’re eager to join the trading community on the internet and leave a mark in the market, Profit.ly has the right amount of resources to help you going. Profit.ly offers three membership tiers that cater to traders at different levels. Let’s break down what these three levels are and what they’ll cost you.
The Novice package is Profit.ly’s entry-level plan designed especially 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 essential trading tools, all of them integral in keeping your fingers on what we can describe as a cutthroat process in and of itself.
The list of features you can accomplish with Profit.ly’s Novice package is the capability to check trades and track profits and follow-up, leading, and even messaging your fellow traders; and providing feedback on trades today. It also allows you to be on leaderboards; analyze the results of your analysis, sort, or filter the trades you make and, lastly, view other’s stats.
The Novice plan will cost $29.95 per monthly payment. While it may look attractive simply because of the price however, there’s a drawback. You can’t create a private profile, which makes your actions public. If you’re interested in have the benefit of this service, keep an eye on us as we present to you Profit.ly’s next strategy.
The Trader package allows you to take advantage of many of the features of The Novice package. It is in this plan that you can create an account that is private for sharing with fellow associate users all the insights and intel in this trading group.
Costing $49.95/month, Profit.ly’s Trader plan is exactly what it says: Cater to those who desire to harness their skills in trading. While it’s nice but there’s one important feature that is missing. Unlike the previous Novice package, this one won’t be able view the statistics of other traders, which could be a disadvantage for those looking forward to this tier. Tim Sykes Pyracy
The Professional plan can be described as the highest premium package that Profit.ly could offer for seasoned traders. At $74.95 monthly, and an additional 22% discount for billing annually, this tier has everything. It gives you full, unlimited access to all the features from the two prior plans.
Not only do you get to look at other people’s statistics, but you’re also given the opportunity to create your own private profile. Both of these features, plus the other advantages that you can utilize to their fullest capacity. If you’re in search of a plan that can serve you everything you need as an experienced trader, the Pro level is ideal for you!
Profit.ly’s Other Services
In addition to the training tools and the leaderboards, Profit.ly has a few more services it has to offer. One of those is its online store, which lets users select from a variety of video products that are designed to educate and provide guidance on the ins and outs of trading. Each of the offerings listed in this section of the site can be purchased immediately for personal use. These include best-selling products such as the “Trading Tickers” series from trading professional Tim Grittani, Timothy Sykes’s collection of DVDs, streaming-only content about short stocking, penny stocking, as well as all aspects of trading. There are also clips and footage from The Annual Pennystocking Conference, and other products by expert traders.
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The chat rooms that are integrated are as well part of Profit.ly’s array of features and services. You’re probably familiar with the concept of chat rooms since you can find it throughout messaging and social platforms, and also on a few specialty websites that provide live chat assistance. However, in Profit.ly, it is seen as a real-time place where gurus and their members trade and exchange knowledge in real-time. Every guru has their own style when it comes to running their chat room and dealing with the members there. One might be more laid back and not very often active, while another might be more active and in touch with their students. Consider chatrooms as Profit.ly’s version of a forum, in essence.
Who is the best Trader for Profit.ly?
Profit.ly’s wide range of products and features are geared towards an array of stock traders, ranging from novices to the most experienced. Given the wide range of options it can provide, the platform surely has something for everyone.
Newbies, for instance, can take advantage of Profit.ly’s library of learning information available on the platform. Not only will they be provided with videos every week and chat room tips from its in-house gurus as well as their members. Additionally, they can choose from the items from its online store to carry with them wherever they may travel. You can also get hands-on experiences from trading within the platform, however they’ll realize that the process is a high-stakes game that should not be viewed as an amusing pastime.
For those traders who have had years of exposure down the road, we consider Profit.ly equally suitable to those who are just starting. While the newbies may not be as proficient in dealing with trading issues, the pros already understand how it works and the stack full of risks associated with it. Ideally, they may utilize Profit.ly’s array of features to their full advantage to enhance their trading abilities. Like novices, they can learn from the experts and experts , and use those short tips and tricks to help them along.
Profit.ly’s ‘all-together’ nature does not only apply to beginners as well as semi-seasoned traders. Certified experts can also take part in the excitement! People in the trade industry who are on similar levels to Superman as well as Tim Sykes can also use the power of Profit.ly’s capabilities to showcase their skill to others as a way to help guide them through the ever-illustrious trading process. Tim Sykes Pyracy
Profit.ly’s Pros and Cons
- Profit.ly’s many capabilities as a ‘one-stop’ stock trading platform allows traders across the globe with tons of learning tools, communication, and trading tools
- You’ll be provided with excellent lessons and advice from the company’s internal experts, which include collections of educational videos as well as real-time trading activities
- You can be sure of complete transparency through Profit.ly by using accurate data as well as other traders ready to call you out if something occurs.
- The leaderboard feature of the platform offers you the chance to establish your credibility as a trustworthy and verifiable trader
- Apart from its core 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 wide array of subscription levels and guru packages are priced at affordable rates There’s something for everyone
- Profit.ly’s bountiful stream of packages and products offered may seem overwhelming for a lot of its customers
- Since traders can choose to post any kind of trade, there is an opportunity that some them will profit by selecting the best trades in order to increase the rating – this may be a concern that should not be simply overlooked
- Profit.ly does not offer refunds because its premium users are expected to immediately benefit from the number of services that the platform can provide
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The Final Concluding Question is: Is Profit.ly worth it?
If we were able to come up with the answer, it would be an affirmative “yes”. However, you must realize that it shouldn’t be treated as a get-rich-quick scheme. It wasn’t designed to be used to achieve this goal. Instead, you need to have the ability to think with an open heart. Tim Sykes Pyracy
What we do mean”yes” is that it could be a useful learning tool. For those who are struggling, they may be able to find Profit.ly’s variety of resources to be helpful when they try their best to incur lesser losses and be more successful than before. Not only struggling traders who will benefit from this platform. It will be able to accommodate beginners as well as even experts!
If you truly desire to be more successful in trading and would like to learn from your fellows and gurus throughout the process, then look no further – Profit.ly is a fantastic option to begin.
FAQ Tim Sykes Pyracy
How can you make use of Profit.ly to publish your trades?
Profit.ly includes the option of allowing trade entries under the ‘My Trade category on the dashboard that lets you record your trades, either verified or not. You may choose between three options:
- Linking your account to the brokerage of choice and importing transactions directly through there
- Manually inputting your trades with specified spaces and information.
- Upload a screenshot of your trades
What can I do to determine if the trade is verifiable or not?
If you import your trade through a reliable brokerage, there’s the probability that it’s verifiable. This is evident by the small blue check. If you post the information manually or via images, it will be assigned as unverified.
The drawback of posting an unverified trade is the possibility of receiving negative feedback from fellow peers. A large number of downvotes could cause you to be listed in the Madoff leaderboard, where people can detect who’s being untruthful in submitting trades.
Are the Profit.ly mobile app still available?
At the time of writing, Profit.ly is still available to download from the App Store for Apple and on the Google Play store. The mobile app version is compatible with the majority of functioning tablets and smartphones.
How many people are on Profit.ly?
Profit.ly currently houses more than 150,000 traders and investors, since they’re not just looking to earn maximum profits but also assist each other to develop and grow in their ability to take advantage of opportunities in the stock market left and right.