Stock trading is an exciting game with high stakes. On certain days, you may be reaping the benefits of positive and satisfactory numbers. However, on other days you may experience the opposite and it could be very difficult to get back to the point you were at your most productive. If you find yourself constantly stuck in the gutter, you will have be aware that relying solely on instinct and survival is not always enough.
If you’ve suffered losses from time to time, you’re gonna be needing reliable advice from tested and tried trading experts. Also, you’ll need a significant boost from your fellow traders from around the world, which is why we’ve discovered an option that can help you in your growth within the field. In this review, we’ll be taking the time to look at Profit.ly, a well-recognized single-stop social platform to trade!
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 Reality Tv
The User’s Experience 4.5/5
Profit.ly can be described as an online platform for trading that permits traders of various levels to be informed, transparent, accountable, and encouraging each other through its broad array of tools and features including chat rooms, trade verification as well as an extensive library of educational material.
How do I define Profit.ly?
Profit.ly is a trading site that serves both as a learning and training platform for people who are just beginning their journey and also as a platform for traders with experience to keep track of their performance through the use of cutting-edge analytics tools. Offering users a broad range of resources for communication and trade that help traders from every field of business connect with one another. It offers gurus with worthwhile investments within the confines of this platform. Imagine it as the social media equivalent to Facebook and Reddit but with a focus on experts 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 authentic and won’t allow for fraud as much as it is possible. It was founded in the past by penny expert in stock trading and investment guru Timothy Sykes, along with the other expert Michael Mosseri.
In an appearance in Forbes magazine, Sykes declared that Profit.ly was based “on showing all trades, something that has never been previously done.” This idea was, he said, serving two objectives: one) making public records for everyone, not just the experts, but also the newsletter writers and students, and 2) making it possible for everyone on the platform to be enlightened by the losses and wins for the trading industry’s benefit. Tim Sykes Reality Tv
How Does It How Does It
Profit.ly utilizes a subscription model which allows stock traders to benefit from a variety of services and features geared toward the success of their business. You can create an account on the site at no cost, however you’re only given access to the leaderboards and monitor the activities of people who aren’t gurus. If you’re looking to invest your money in order to find out what stocks the experts are trading in real-time You’ll need to subscribe to any of Profit.ly’s offers, which we will discuss in the near future.
The process of opening an account is easy: create a profile with your experiences and expertise, connect your brokerage account, and you’ll be given the chance to climb your way up to at the very top of the list. Profit.ly’s Leaderboard function, which was mentioned previously was designed to offer its users an insight into the performance of the trading community and its gurus. It’s not only a chance to prove your worth to a community of traders, but you are also able to use Profit.ly to buy with a guru, and have the assurance that you’re comfortable with their expertise and the legitimacy of their assertions.
If you feel uneasy with the idea of sharing information about your account with a brokerage, you can choose to publish your trades, either verified or not, via screenshots. Included in Profit.ly is the huge selection of trading classes and the capability to see the stats of a trader’s account as well as other ways to communicate with your gurus in the chatroom, along with email and text alerts as well as updates.
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Meet the Founder: Tim Sykes
Timothy Sykes is a well-renowned day trading personality who has been famously known for delving his hands into penny stock trading. According to Investopedia, a penny stock is a small business’s shares that trade for under $5 for each share. The trading of penny stocks can be seen 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 be mistaken – it can also be an extremely risky game, as Sykes can surely tell thanks to his years of experience.
Since his initial beginnings at the end of his time in High School, Tim Sykes has, since then, earned over $6 million of earnings through his lengthy career as trading professional. At the age of 25 Sykes was given more exposure and a wider influence over time when he became part of the reality show “Wall Street Warriors.” Then, he took advantage of it to create trading rooms as well as penny stock themes and educational content geared toward those who are just beginning to learn about trading. He also helped establish Profit.ly as a platform for openness, and for the community to lift each other up and compete on the platform.
The Profit.ly Gurus
One of Profit.ly’s sweet inclusions is the vast array of learning sources, trade alerts and other useful stuff offered by the company’s internal gurus. These gurus refer to experts in the field of trading who have proven to make substantial profits through their years of experience. Tim Sykes Reality Tv
At its height, Profit.ly had housed up to five gurus, all of them an expert within their particular field in the trading industry. Some of the most famous experts were Connor Bruggermann, Nathan Michaud of Investors Underground, and Triforce, among a few others. As of this writing, however, only two gurus remain on the platform: 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 we’ll take a look at the packaged offers each guru offers.
From Tim Sykes Tim Sykes
Sykes offers a basic stock trading service which focuses on penny stock day trading through Tim’s Alerts. Costing $74.95 per month, you’ll be able to be able to see him concentrate on the fundamental stock catalysts and use them to anticipate the next move that is possible when making trades.
A single purchase 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; email, text, and push alerts; and a daily stock watchlist.
Tim Sykes: From Tim Sykes: The Pennystocking Silver Package
Pennystocking Silver is the most premium, upgraded version of the Tim’s Alerts program. At $149.95 monthly, this is a great option for those who are more committed to penny stock trading. Pennystocking Silver includes all the basic features found 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.
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From “Superman” Paul Scolardi: Superman Alerts
Scolardi, who goes by the alias “Superman,” is a swing trading professional with an eye for tiny-cap massive stocks as well as wildly accurate marketing forecasts. Since he began as a trader, Superman has amassed over $5.5 million in total trading profits. Tim Sykes Reality Tv
The Superman Alerts plan is an offer of the most essential features and trading alerts geared to those interested. For $147 per month, you’ll gain access daily premarket stock watchlist along with the mobile app, the daily market commentary shown in real-time, as well as email and SMS alerts.
In “Superman” Paul Scolardi: Superman Pro
At $247/month, you get additional features, as well as access to an extensive base of knowledge that is 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 lessonsthat include the growing collection of previous lessons. Additionally you’ll also have 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 online trading community and leave a mark in the industry, Profit.ly has the right amount of tools to get you started. The platform has three membership levels, each designed for traders with different levels. Let’s take a look at what these three levels are and what they’ll cost you.
The Novice package is Profit.ly’s beginning-of-the-line plan specifically for people who are brand new to the world of trading. As you sign up for this plan, you will be immediately given a slew of robust and essential trading tools, all one of them essential in keeping your fingers on what we call a competitive process by itself.
The list of features you can accomplish using Profit.ly’s Novice program is the ability to confirm the results of your trades and track profit and follow-up, leading, and even messaging other traders; and providing feedback on trades today. You’re also allowed to get on leaderboards, analyze the results of your analysis, sort, or filter the trades you make; and, finally, see the statistics of other traders.
The Novice plan will cost $29.95 per month. Although it looks attractive just by the price, there is a downside. You can’t create a private account, making your personal information public. If you’re interested in have an account with this option, be watching for us to introduce to you Profit.ly’s next strategy.
The Trader package allows you to use the majority of features available in the Novice plan. This plan allows that you can set up a private profile for sharing with fellow associate users all your knowledge and knowledge you gain from this trading group.
Costing $49.95/month, Profit.ly’s Trader plan is exactly what it says catering for those looking to improve their expertise in trading. Although it’s a nice thing, there is one significant element that’s missing. As opposed to the prior Novice package, this one won’t be able to see the statistics of other traders this might be a drawback for those anticipating this level. Tim Sykes Reality Tv
This is by far the highest expensive plan Profit.ly offers to experienced traders. At $74.95 per month, with a 22% discount for billing annually the Pro plan has it all. You get full, no-holds-barred access to all the features from the two previous plans.
You’re not only able to look at other people’s statistics, but you’re also given the chance to create a private profile. Both of these features, on top of all the benefits that you can use to their fullest capacity. If you’re looking for an option that gives you with everything you require as an experienced trader, the Pro level is the right choice for you!
Profit.ly’s Other Services
Apart from the provided trainer tools and leaderboards, Profit.ly has a few more services it has to offer. One of them is the online store, which lets users select from a variety of videos created to help you understand the nuances and pitfalls of trading. The products listed in this section of the website can be purchased immediately for personal use. Among these products include best-sellers such as”Trading Tickers, “Trading Tickers” series from trading expert Tim Grittani, Timothy Sykes’s collection of DVDs and streaming-only content about penny stocking, short stocking, and other related to trading, videos and scenes from The Annual Pennystocking Conference, and products from other expert traders.
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The chat rooms that are integrated are also part of Profit.ly’s array of features and services. You’re probably familiar with the concept of the chat room as you will see it on social and messaging platforms as well as some specialty websites that offer live chat assistance. But in Profit.ly the chat room is viewed as a space where experts and their member traders can communicate and learn in real time. Every guru has their own style in running their chat rooms and dealing with the listed members there. One might be a laid-back person who is less active, while another might be more online and communicative to their pupils. Consider chatrooms as Profit.ly’s version of a forum, in its essence.
Who is the Ideal trader to Profit.ly?
Profit.ly’s variety of offerings and features are geared towards an array of stock trader types, from beginners to experienced pros. Given the wide range of options it can provide, the platform surely has something for everyone.
For instance, newbies can take advantage of Profit.ly’s library of learning information available on the platform. In addition, they will get daily videos and chat room tips from the in-house experts and their members. They’ll also be able to select from the products on its store online to carry with them wherever they may go. Additionally, they can gain practical experiences by trading through the platform, but eventually they’ll realize that trading is a risky game that shouldn’t be treated as an amusing pastime.
For the traders with decades of experience in the line, we believe Profit.ly equally suitable to the newcomers. Although the novices might not be as adept at handling trading matters, the pros already understand how it works along with the risky mix that it carries. In the ideal scenario, they can utilize Profit.ly’s variety of features to their best advantage to improve their trading skills. As beginners, they are able to learn from the top experts and experts , and use those quick tips and tidbits to help them along.
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 fun! Those in the trading industry who are at the same level as Superman or Tim Sykes can also use up Profit.ly’s abilities to show off their skill to others in order to assist them in the ever-changing trading process. Tim Sykes Reality Tv
Profit.ly’s Pros and Cons
- Profit.ly’s numerous capabilities as a ‘one-stop’ platform for trading stocks allows traders across the globe with an abundance of knowledge tools, communication, and trading tools
- You’ll be provided with excellent lessons and insights from its internal experts, which include video libraries that teach you how to learn and live trading activity.
- You can be sure of complete transparency through Profit.ly with precise analytics and fellow traders that are waiting to reach you out whenever something happens
- The platform’s leaderboard feature gives you a way to build your reputation as a reliable and authentic trader
- Apart from its main abilities, Profit.ly also gives its customers extra options that can be tailored to their preferences, such as posting unverifiable trades through images
- Profit.ly’s diverse range of subscription levels and guru packages are priced at a reasonable cost – there truly is something for everyone
- Profit.ly’s abundance of packages and services offered could be too much for a lot of its customers
- Since traders can choose to make any type of trade, there is an opportunity that some them may take advantage by cherry-picking the best trades to increase the rating this could be a problem that shouldn’t be ignored.
- Profit.ly will not allow refunds because the premium customers are expected to immediately benefit from the many services that the platform can provide
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The Final Concluding Question The Final Verdict: Is Profit.ly worth it?
If we were able to come up with the answer, it’s an affirmative “yes”. But you need to understand that it shouldn’t be treated as a scheme to get rich quick. It wasn’t meant to be designed in this way. Instead, you should have curiosity. Tim Sykes Reality Tv
What we do mean by ‘yes’ is that it is a fantastic learning tool. For those who are struggling, they could discover Profit.ly’s range of resources useful when they try their best to reduce losses and be more successful than they did before. Not only poor traders that can profit from the platform. It can accommodate beginners and even experts!
So, if you genuinely care about being better at trading and wish to learn from your mentors and peers along the way, then you should look no further than Profit.ly. Profit.ly could be a good alternative to start.
FAQ Tim Sykes Reality Tv
How do you use Profit.ly to make your trades public?
Profit.ly has an entry section for trades in the My Trade category on the dashboard that allows you to post your trades that are verified or otherwise. There are three choices:
- Linking your account to the brokerage of choice and importing trades directly from there
- Manually inputting your trades with the spaces provided and details
- Send a screen shot of your transactions
How do I know if the trade is verifiable or not?
If you import your trade from a trusted brokerage, there’s an excellent probability that it’s verifiable. This is shown by the small blue check. If you submit the information manually or via images, it will be classified as unverified.
The downside of having an unauthentic trade is the risk of getting downvotes from your friends and colleagues. Too many downvotes may result in you appearing at the top of the Madoff leaderboard, where users can detect who’s being dishonest in posting trades.
Are the Profit.ly mobile application still available?
As of this writing, Profit.ly is still available for download on the Apple App Store and on the Google Play store. The mobile app version is compatible with most operating tablets and smartphones.
How many people are using Profit.ly?
Profit.ly currently houses over 150,000 investors and traders because they are not just seeking to make the most profit but also to help one another grow and learn more about acquiring opportunities in the stock market left and right.