The stock market can be a high-stakes game. Some days, you may be reaping the benefits of positive and satisfactory numbers. However, on other days, the opposite may happen and it could be very difficult to get back to the point you were at your best. If you are always in the mud, you will have to recognize that relying on your instincts and preserving may not always be enough.
If you’ve suffered occasional losses, 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 identified a platform that can support you in your improvement within the field. In this review, we’ll be taking 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 Real
Users Experience 4.5/5
Profit.ly is an online trading platform that allows traders of various levels to be informed and accountable, as well as transparent and uplifting with each other by offering a wide array of tools and features including trade verification, chat rooms as well as an extensive library of educational content.
What exactly is Profit.ly?
Profit.ly is a site for trading which serves as a learning and training platform for people who are just beginning their journey and as a hub for traders with experience to keep track of their performance using the aid of cutting-edge analytics tools. Providing users with a wide range of resources for trade and communication that help traders from every field of business connect with each other. It offers gurus with worthwhile investments within the confines that the site. Consider it an online social media platform similar like Facebook and Reddit but with a focus on traders and experts.
Profit.ly independently validates trade performance and publishes all data of them in the manner of leaderboards. The platform for trading is built on transparency and honesty: it ensures that the trades are authentic and won’t tolerate inauthenticity as much as possible. It was founded many years ago by penny expert in stock trading and investment expert Timothy Sykes, along with the other expert Michael Mosseri.
One time , during an interview for Forbes magazine Sykes stated that Profit.ly was based “on the transparency of every trade, something that has never been prior to.” This idea, he added, served two objectives: one) creating public track records for everyone, not just the experts as well as students and newsletter writers as well as) allowing all users to gain insight into both the wins and losses for the trading industry’s benefit. Tim Sykes Real
How Does It Work?
Profit.ly is a subscription-based platform that allows stock traders to benefit from a variety of features and services aimed toward the success of their business. You can create an account at no cost, however you’re only given the ability to navigate through the leaderboard and observe the actions of non-gurus. If you’re ready to invest your money and see what stocks the experts are trading in real-time it is necessary to sign up to one of Profit.ly’s offers, which we will go over shortly.
Setting up an account is easy: create an account that includes your personal information and skills, join to your brokerage account, and you’ll have the chance to climb your way up to the top of the leaderboard. Profit.ly’s leaders’ board feature as previously mentioned, is designed to give its users a glimpse of how the community of traders performs as well as its experts. It’s not only a chance to demonstrate that you’re worthy to the community of traders, as you are also able to use Profit.ly to buy with a guru, and have the confidence that you are confident of their knowledge and the veracity of their claims.
If you are unsure about the idea of sharing your brokerage account, you can decide to share your trades, either verified or not, by taking photographs. Included in Profit.ly is the huge selection of courses in trading, the ability to view statistics on a person’s profile, and more ways to interact with your experts through the chatroom in addition to email and text alerts as well as updates.
Meet the Founder: Tim Sykes
Timothy Sykes is a well-renowned day trading personality who has been famously known for his efforts in penny stock trading. According to Investopedia the term “penny stock” refers to a small company’s stock that trades for under $5 for each share. The penny stock market could be viewed as an opportunity for small companies to move into a larger market because it gives them access to funds from the public. But don’t be mistaken – it can also be an extremely risky game, as Sykes is sure to reveal through his many years of expertise.
From his beginnings in the latter years of high school, Tim Sykes has, since then, made an estimated $6 million earnings during his long and successful career as trading professional. At the age of 25, he had been given greater exposure and an even wider influence over time when he became part of the reality show “Wall Street Warriors.” He made use of the show to develop trading rooms and penny stock themes and educational content geared toward those who are new to the trading field. He also helped establish Profit.ly as a place for transparency, and to allow the community to rise and compete with each other on the platform.
The Profit.ly Gurus
One of Profit.ly’s most appealing features is the wide range of educational tools, trade alerts and other helpful stuff provided by the company’s internal gurus. Gurus are referred to the experts in trading who have earned significant amounts of profit from their combined years of knowledge. Tim Sykes Real
At its peak, 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 famous gurus included Connor Bruggermann, Nathan Michaud of Investors Underground, and Triforce as well as a handful of others. As of this writing, however, only two gurus remain on the platform: the founder of the penny stock market Tim Sykes and veteran smallcap swing trader Paul Scolardi, also known as Superman. In light of that we’ll take a look at the packages each guru offers.
From Tim Sykes Tim Sykes: Tim’s Alerts
Sykes offers an essential stock trading service with the main priority being penny-priced day trading with Tim’s Alerts. The cost is $74.95 per month, you’ll be able to see him concentrate on the basic stock catalysts and employ them to anticipate the next move that is possible when making trades.
A single purchase of Tim’s Alerts will get you access to the chatroom and the mobile application that is available for iOS as well as Android devices, texts, emails and push alerts and a daily stock watchlist.
Tim Sykes: From Tim Sykes: The Pennystocking Silver Package
Pennystocking Silver is the premium version, with an upgraded version of Tim’s Alerts package. At $149.95 for a month this is a great option for investors who are committed to investing in penny stocks. Pennystocking Silver offers all the essential features that were included in the previous plan, including swing trading alerts as well as unlimited access to a rich library of more than 7,000 instructional videos that are updated each week.
The following video is from “Superman” Paul Scolardi: Superman Alerts
Scolardi who is known under the alias “Superman,” is a swing trading professional with an eye for tiny-cap massive stocks as well as wildly accurate marketing forecasts. Since when he first started trading, Superman has amassed over $5.5 million in total trading profits. Tim Sykes Real
The Superman Alerts plan is his offer of the most essential features and alerts on trading geared towards those who might be interested. For $147 per month, you’ll gain access to the daily premarket stock watchlist along with the mobile app, the daily market updates 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 his Superman Pro package. Alongside the standard features featured in the Alerts package, Superman Pro gives you weekly video lessonsthat include an ever-growing library of other previous ones. On top of that you’ll also have the ability to access premium reports on research and the IPO and earnings tracker.
Profit.ly Programs and Costs
If you’re eager to join the online trading community and make a mark on the market, Profit.ly has the right amount of resources to get you up and running. The platform has three membership tiers that are designed to accommodate traders of different levels. Let’s look at what the three tiers are and how much they will cost you.
The package called Novice is Profit.ly’s basic plan that is designed specifically for people who are brand new to the trading community. When you sign up for this package you’ll be given a slew of robust and essential trading tools, each 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 do using Profit.ly’s Novice package include the ability to verify trades and track profits; leading, following and even texting your fellow traders, as well as leaving feedback on today’s trades. You can also get on leaderboards; analyze, sort, and filter your trades and, finally, see other people’s statistics.
The Novice plan costs $29.95 per monthly payment. Although it looks attractive for the price alone but there’s a disadvantage. You can’t create a private profile, which makes your actions public. If you’re looking to have the benefit of this service, keep an eye on us as we present to you Profit.ly’s next strategy.
The Trader Plan
The Trader plan allows users to benefit from many of the features of the Novice plan. It is in this plan that you can create a private profile for sharing with fellow associate users all the insights and intel in this trading group.
Costing $49.95/month, Profit.ly’s Trader plan does what the name suggests caters people who want to improve their expertise in trading. As nice as it seems however, there’s a crucial aspect that’s not included. Unlike the previous Novice package, this one won’t be able to see the statistics of other traders that could be a disadvantage for those who are looking forward to this tier. Tim Sykes Real
The Professional plan can be described as the highest expensive plan Profit.ly could offer for seasoned traders. It costs $74.95 each month and a 22% discount for billing annually the Pro plan has everything. You will have full, unrestricted access to all options of the previous plans.
Not only do you get to view other people’s stats as well, you’re also offered the chance to create a private profile. Both of these features, in addition to the advantages that you can utilize to their fullest capacity. If you’re looking for an option that gives you with everything you require as an experienced trader, the Pro plan is ideal for you!
Profit.ly’s Other Services
Apart from the provided training tools and the leaderboards, Profit.ly has a few other services they provide. One of these is its online store, which lets users select from a variety of instructional videos that are designed to inform and provide guidance on the ins and outs of trading. The products listed on this page of the site can be immediately purchased for personal use. Among these products include best-sellers like”Trading Tickers, “Trading Tickers” series by trading expert Tim Grittani, Timothy Sykes’s collection of DVDs and streaming-only content related to short stocking, penny stocking, and all other related to trading, videos and scenes taken from The Annual Pennystocking Conference, and products from other expert traders.
The integrated chat rooms are as well part of Profit.ly’s array of services and features. You are probably familiar with chat rooms since you will see it on social and messaging platforms in addition to a few special websites that provide live chat support. However, in Profit.ly the chat room is viewed as a area where experts and member traders can communicate and share knowledge in real-time. Each guru has their style in operating their chat room and dealing with the members there. One might be a laid-back person who is rarely engaged, while another could be more interactive and online with their students. Think of chat rooms like Profit.ly’s version of the forum in the essence.
Who is the best trader to Profit.ly?
Profit.ly’s diverse range of products and features cater to an array of stock traders, from novices to experienced professionals. Given the wide range of options it offers it is certain to have something for every person.
For instance, newbies will appreciate Profit.ly’s knowledge-based materials available across the platform. Not only will they get daily videos and chat room tips by its internal gurus and their members. They’ll also be able pick from the merchandise available from its online store to carry with them wherever they go. You can also get hands-on experiences by trading through the platform, but ultimately, they will soon learn that this is a high stakes game that shouldn’t be taken as a joke.
For the traders with decades of experience in the road, we consider Profit.ly equally suitable to the newcomers. While the newbies may not be as adept at dealing with trading issues, the pros already understand how it works along with the risky mix that it carries. It is ideal to utilize Profit.ly’s range of options to their maximum advantage to improve their trading abilities. Like novices, they can study from the gurus and experts and utilize those quick tips and tidbits throughout the process.
Profit.ly’s “all-in” approach doesn’t just apply to newbies or semi-experienced trader. Verified experts can also join in the fun! People in the trade industry who are on the same level as Superman and Tim Sykes can also use up Profit.ly’s capabilities to display their expertise to other traders as a way to guide them through the ever-illustrious trading process. Tim Sykes Real
Profit.ly’s Pros and Cons
- Profit.ly’s many capabilities as a “one-stop’ stock trading platform enable traders from all over the world with an abundance of knowledge communications, trading, and communication tools
- You’ll be provided with excellent lessons and tips from the in-house gurus, including collections of educational videos as well as 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 platform’s leaderboard feature gives you the chance to establish your credibility as a trustworthy and verifiable trader
- Apart from its core capabilities, Profit.ly also gives its users extra options to suit their individual preferences, for instance, posting unverifiable trades through screenshots
- Profit.ly’s wide array of subscription plans and guru packages are priced at affordable rates There’s something for every person
- Profit.ly’s abundance of packages and products offered may seem overwhelming for the majority of its users
- As traders may opt to post any kind of trade, there is an opportunity that some them could profit from picking the most profitable trades to boost their rating – this may be a concern that should not be ignored.
- Profit.ly does not accept refunds because the premium customers are expected to immediately take advantage of the numerous services the platform has to offer
The Final Verdict is: Is Profit.ly Valued?
If we could think of an answer to this question, it would be an affirmative “yes”. But it is important to realize that the platform should not be used as a quick-fix scheme to make money. The platform wasn’t originally intended to be created in this way. Instead, you should have curiosity. Tim Sykes Real
What we do mean”yes” is it is a fantastic learning tool. Those who may be stuck might be able to find Profit.ly’s variety of resources helpful as they do their best to reduce losses and be more successful than before. It’s not just the struggling traders that will benefit from this platform. It is able to accommodate novices and even experts!
If you truly want to become better at trading and wish to learn from your peers and experts along the way, then you should look no further than Profit.ly. Profit.ly is a fantastic option to begin.
FAQ Tim Sykes Real
How can you make use of Profit.ly to publish your trades?
Profit.ly has an entry section for trades within the “My Trade category on the dashboard. It lets you record your trades, verifiable or otherwise. There are three choices:
- Linking your account with your broker of choice and import the trades from that directly
- Manually inputting your trades with provided spaces and specifics
- Upload a screenshot of your transactions
How can I tell whether the trade is authentic or not?
If you import your trade from a trusted brokerage, there’s the chance that it is verifiable. This is shown by the small blue check. If you submit it manually or through pictures, it will be classified as unverified.
The downside of having an unauthenticated trade is the chance of getting downvotes from your friends and colleagues. A large number of downvotes could cause you to show up in the Madoff leaderboard, where users are able to identify who is dishonest in posting trades.
Is the Profit.ly mobile application still available?
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 app version is compatible with the majority of functioning tablets and smartphones.
How many people are using Profit.ly?
Profit.ly is currently home to over 150,000 investors and traders, as they not only are looking to earn maximum profits but also to help one another learn and improve in acquiring opportunities on the stock market left and right.