Stock trading can be an extremely risky game. On some days, you might enjoy the benefits of pleasing and positive numbers. On other days it could be the reverse and it could be extremely difficult to get back to where you were at your most productive. If you’re constantly stuck in the gutter, you will have to recognize that relying on your instincts and preserving may not always be enough.
If you’ve suffered loss from time to time, you’re gonna be needing sound advice from tried-and-tested trading experts. Additionally, you’ll require a significant boost from your trading partners from all over the world, which is why we’ve identified an option that can help you in your improvement in the industry. In this review, we’ll be taking 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 Reality Show
Value: 4.1/5
Quality: 4.1/5
Costs: 4.1/5
The User’s Experience 4.5/5
Summary
Profit.ly is an online trading platform that enables traders of all levels to be informed responsible, transparent, and to build relationships with one another through its wide array of tools and features like trade verification, chat rooms as well as an extensive library of educational material.
How do I define Profit.ly?
Profit.ly is a trading website which serves as a learning and education platform for people who are starting out as well as a place for traders with experience to keep track of their performance using the aid of advanced 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 that the site. Think of it as an online social media platform similar the likes of Facebook and Reddit, but for professionals and traders.
Profit.ly independently checks the performance of trades and then publishes the information from them in the form of leaderboards. The platform for trading is built on transparency and honesty: it ensures that the trades are valid and won’t tolerate inauthenticity as much as possible. It was created many years ago by penny stock trade expert and investment guru Timothy Sykes, along with the other expert Michael Mosseri.
In an appearance in Forbes magazine, Sykes declared that Profit.ly was driven by its focus “on showing every trade, something that was never previously done.” This idea Sykes said served two goals: 1.) keeping track of public data for all traders, not just the gurus, but also the newsletter writers and students as well as) giving all users to gain insight into both losses and wins to benefit the industry of trading. Tim Sykes Reality Show
How Does It Perform?
Profit.ly utilizes a subscription model that lets stock traders gain access to a multitude of services and features geared at achieving the success of their business. You can create an account for free, but you’re only limited to having the capability to browse the leaderboard and follow the actions of non-gurus. If you’re ready to invest your money and see what stocks the experts are trading in real time You’ll need to subscribe to any of Profit.ly’s deals that we’ll review in the coming days.
The process of opening an account is easy: create an account that includes your personal information and knowledge, then connect to your brokerage account and you’ll have the chance to climb your way up to high on the leaderboard. Profit.ly’s Leaderboard function, which was mentioned previously, is designed to give its users a glimpse of the performance of the trading community and its experts. You’re not just allowed to demonstrate that you’re worthy to the group of traders. You are also able to use Profit.ly to shop with a guru, and have the assurance that you’re comfortable of their knowledge and the legitimacy of their claims.
If you are unsure about the idea of divulging your brokerage account, you may decide to share your trades, whether verified or otherwise, through screenshots. Also included in Profit.ly are a variety of courses in trading, the ability to view stats in a trader’s profile as well as other ways to connect with your gurus through the chatroom in addition to notifications via email or text 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 has been famously known for his efforts in trades in penny stocks. According to Investopedia, a penny stock refers to a small-sized company’s shares that trade for less than $5 per share. The penny stock market can be seen as a stepping stone for small-scale businesses to make the transition into a larger market because they can access capital from the general public. But don’t be mistaken – it’s also an extremely risky activity, as Sykes can surely tell 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 earnings during his long and successful career as trading professional. At 25 years old, he had been given greater exposure and a larger reach of influence when he became part of the reality series “Wall Street Warriors.” He made use of the show to establish trading rooms, penny stock themes, as well as educational content targeted at people who are brand new to the trading field. He also helped 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 amazing features is the vast array of learning sources, 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 substantial amounts of money through their years of expertise. Tim Sykes Reality Show
At its height, 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 prominent experts included Connor Bruggermann, Nathan Michaud of Investors Underground, and Triforce, among a few others. At the time of writing, 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. When we take that into account Let’s look at the packaged offers each guru offers.
From Tim Sykes Tim Sykes
Sykes offers an essential stock trading service that focuses on penny stock day trading through Tim’s Alerts. The cost is $74.95 per month, you’ll see him focus on the fundamental catalysts for stocks and utilize them to forecast the next possible moves in making trades.
A purchase on its own in Tim’s Alerts will get you access to the chatroom as well as the mobile app that’s available to iOS as well as Android devices, texts, emails and push alerts; as well as a daily watchlist of stocks.
Tim Sykes: From Tim Sykes: The Pennystocking Silver Package
Pennystocking Silver is the highest-quality version that has been upgraded of the Tim’s Alerts package. It costs $149.95 for a month this is a great option for those who are committed to the penny-stock market. Pennystocking Silver offers all the essential features found in the previous plan, which includes alerts for swing trading and access to a rich collection of more than 7,000 educational videos that are updated each week.
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From “Superman” Paul Scolardi: Superman Alerts
Scolardi, who goes by the name “Superman,” is a trader who has 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 trading earnings. Tim Sykes Reality Show
The Superman Alerts plan is an package of vital features and alerts on trading geared to those interested. For $147 per month, you’ll gain access daily stock watchlist that is premarket as well as the mobile app, the daily market updates in real-time, as well as SMS and e-mail alerts.
In “Superman” Paul Scolardi: Superman Pro
For the price of $247, you receive additional features and access to a knowledgeable base of information provided by Superman himself through Superman Pro. Superman Pro package. In addition to the basic features that are included in the Alerts plan, Superman Pro gives you weekly video lessonsthat include a growing library of all previous lessons. Additionally you’ll also gain the ability to access premium reports on research as well as the IPO as well as earnings tracking tool.
Profit.ly Programs and Costs
If you’re eager to join the world of online trading and leave a mark in the market, Profit.ly has the right amount of resources to help you up and running. The platform has three membership levels, each designed for traders at different levels. Let’s look at what the three tiers are and how much they will cost you.
Novice Plan
The package called Novice is Profit.ly’s basic plan that is designed specifically for those who are just beginning their journey to the trading community. When you sign up for this plan you’ll be offered a range of strong and indispensable trading tools, all one of them essential in keeping your hands on what we could call a ruthless procedure in its own.
The list of features you can accomplish with Profit.ly’s Novice program is the ability to verify the results of your trades and track profit; leading, following and even texting your fellow traders, as well as providing feedback on trades today. You can also get onto leaderboards; study the results of your analysis, sort, or filter the trades you make and lastly, look at other people’s statistics.
The Novice plan costs $29.95 per month. Although it might look appealing for the price alone but there’s a disadvantage. It isn’t possible to create a private account, making your activities publicly available. If you’re interested in have an account with this option, be watching for us to introduce to you Profit.ly’s new plan.
The Trader Plan
The Trader package allows users to benefit from many of the features of the Novice plan. In this plan, that you can set up a private profile for sharing with fellow associate users all your knowledge 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 catering for those looking to develop their expertise in trading. As nice as it seems, there is one significant aspect that’s not included. Unlike the previous Novice package, you will not be able view the statistics of other traders, which could be a disadvantage for some who may be anticipating this level. Tim Sykes Reality Show
Pro Plan
The Professional plan can be described as the most expensive plan Profit.ly offers to experienced traders. At $74.95 per month, which includes an additional 22% discount when billed annually, this tier has everything. You get full, no-holds-barred access to all options of the prior plans.
You’re not only able to look at other people’s statistics, but you’re also given the chance to create your own private profile. Both of these features, in addition to the benefits that you can use to their fullest capacity. If you’re in search of an option that gives all the features you need to be trader with experience, the Pro plan is ideal for you!
Profit.ly’s Other Services
Apart from the provided trainer tools and Leaderboards Profit.ly provides a variety of additional services that it can offer. One of those is its online store, which lets users pick from a range of video products created to guide you through the nuances and pitfalls of trading. The products listed on this page of the site can be purchased immediately for personal use. These include best-selling products like the “Trading Tickers” series by trading expert Tim Grittani, Timothy Sykes’s library of DVDs and streaming-only content about penny stocking, short stocking, as well as all things trading-related, clips and scenes from The Annual Pennystocking Conference, and items from other experts in trading.
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The integrated chat rooms are included in Profit.ly’s variety of features and services. You’re probably familiar with the concept of chat rooms since you will see it on messaging and social platforms, and also on a few specialty websites that provide live chat support. But on Profit.ly, it is seen as a real-time space where experts and their member traders can communicate and learn in real time. Each guru has their style when it comes to running their chat room and dealing with the listed members. Some may be a laid-back person who is rarely active, while another may be more interactive and online in their interactions with students. Consider chat rooms like Profit.ly’s version of a forum, in the essence.
Who is the ideal trader to Profit.ly?
Profit.ly’s variety of offerings and features are geared towards an array of stock traders, from beginners to experienced pros. With the variety of deals it can provide it is certain to have something for every person.
For instance, newbies can take advantage of Profit.ly’s library of learning information available on the platform. They will also be enriched with weekly videos and chat room advice from the in-house experts and members. Additionally, they can pick from the merchandise available on its store online for them to take wherever they may be. You can also get hands-on experiences from trading within the platform, but eventually they’ll be able to realize that this is a risky game that shouldn’t be treated as an amusing pastime.
For those traders who have had decades of experience in the road, we consider Profit.ly as equally as suitable to them as the newcomers. While novice traders may not be as adept at handling trading matters but the experts already know how it works and the plethora of risks that come with it. In the ideal scenario, they can utilize Profit.ly’s variety of options to their maximum advantage to improve their skills in trading. Like novices, they can learn from the top experts and experts , and use those quick tips and tidbits to help them along.
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 fun! People in the trade industry who are at the same level as Superman as well as Tim Sykes can also use up Profit.ly’s abilities to show off their skill to others as a way to guide them through the ever-illustrious trading process. Tim Sykes Reality Show
Profit.ly’s Pros and Pros and
The Pros
- Profit.ly’s numerous capabilities as a ‘one-stop’ stock trading platform allows traders from all over the world with tons of learning communications, trading, and communication tools
- You’ll be provided with excellent lessons and advice from the company’s in-house gurus, including collections of educational videos as well as trading in real-time.
- You’re assured of transparency throughout Profit.ly with precise analytics and fellow traders who are ready to reach you when something goes wrong.
- The leaderboard feature on the platform gives you the opportunity to increase your credibility as a trustworthy and verifiable trader
- In addition to its primary features, Profit.ly also gives its customers additional options to meet their individual preferences, for instance, posting unauthentic trades via photographs
- Profit.ly’s wide array of packages and subscription levels are priced at reasonable prices There’s something for every person
The Cons
- Profit.ly’s abundance of products and packages offered might seem overwhelming for a lot of its users
- As traders may opt to open any kind of trade, there’s the possibility that some of them may take advantage by selecting the best trades in order to increase the rating this could be a risk that shouldn’t be ignored.
- Profit.ly will not allow refunds, as its premium users are expected to immediately benefit from the many services that the platform can provide
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The Final Verdict The Final Verdict: Is Profit.ly worth it?
If we could come up with an answer to this question, it would be yes. But you need to understand that it shouldn’t be treated as a scheme to get rich quick. The platform was not always designed to be used in this way. Instead, you should have curiosity. Tim Sykes Reality Show
What we are referring to”yes” is that it could be a useful learning tool. Those who may be stuck could discover Profit.ly’s array of resources to be helpful as they do their best to incur lesser loss and perform better than before. It’s not only the struggling traders that will profit from the platform. It can accommodate beginners and even experts in the field!
So, if you genuinely 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 may be a great alternative to start.
FAQ Tim Sykes Reality Show
What are the best ways to use Profit.ly to post your trades?
Profit.ly includes an entry section for trades within the ‘My Trade category on the dashboard. It allows you to post your trades, either verified or otherwise. You may choose between three options:
- Linking your account with your broker of choice and import trades directly from there
- Manually entering your trades using provided spaces and specifics
- Take a photo 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’s an excellent chance that it is verifiable. This is indicated with the blue check mark. If you upload the information manually or via screenshots, it will automatically be classified as unverified.
The disadvantage of an unverified trade is the chance of receiving downvotes from colleagues. Too many downvotes may cause you to be listed in the Madoff leaderboard, where users can detect who’s being fraudulent in posting trades.
Are the Profit.ly mobile app still in use?
At the time of writing, Profit.ly is still available to download via the App Store for Apple and the Google Play store. The mobile app version is compatible with the majority of operating tablets and smartphones.
How many people are currently on Profit.ly?
Profit.ly is currently home to over 150,000 investors and traders because they are not just trying to maximize profits but also help each other learn and improve in acquiring stock market opportunities both right and left.
