Stock trading can be a high-stakes game. On some days, you may be reaping the benefits of positive and satisfactory numbers. However, on other days it could be the reverse, and it may sometimes be extremely difficult to get back to where you were at your most productive. If you are immersed in the water You will need be aware that relying solely on pure instinct and preservation may not always be enough.
If you’ve experienced losses from time to time You’ll need solid advice from seasoned and tested trading experts. Also, you’ll need an enormous boost from your colleagues in the market from all over the globe. That’s why we’ve discovered an option that can help you in your growth in the market. We’ll take 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 Reccommeded Research Pages
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 informed and accountable, as well as transparent and encouraging each other through its broad array of tools and features such as chat rooms, trade verification as well as an extensive library of educational content.
How do I define Profit.ly?
Profit.ly is a site for trading which serves as a learning and training platform for traders who are starting out as well as a place for traders with experience to keep track of their performance with the help of advanced analytics tools. It provides users with a vast variety of tools for communication and trade, it helps traders from all walks of life network with each other. It offers gurus with worthwhile investments within the confines of the platform. Think of it as an online social media platform similar to Facebook and Reddit, but for traders and experts.
Profit.ly independently verifies trade performances and posts all the data from them in the form of leaderboards. The trading platform is built on honesty and transparency: it makes sure that trades are valid and won’t accept fake news as long as possible. It was founded many years ago by penny stock trade expert and investment expert Timothy Sykes, along with the other expert Michael Mosseri.
One time during his appearance in Forbes magazine, Sykes stated that Profit.ly was driven by its focus “on showing all trades, something that has never been previously done.” This idea was, he said, serving two purposes: 1) creating public track records for everyone, not just the experts as well as newsletter authors and students as well as) giving everyone on the platform to be enlightened by both the wins and losses to the benefit of the trading industry. Tim Sykes Reccommeded Research Pages
How Does It Work?
Profit.ly utilizes a subscription model that lets stock traders have access to a range of features and services aimed toward achievement. It is possible to create an account on the site for free, but you’re limited to 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 deals, which we will discuss in the near future.
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 Leaderboard function, which was previously mentioned it is designed to provide its users a glimpse of how the community of traders performs and its experts. You’re not just allowed to prove your worth to a group of traders. You can also use Profit.ly to shop from a guru with the confidence that you are confident in their skills and the legitimacy of their assertions.
If you are unsure about the idea of divulging information about your account with a brokerage, you may decide to share your trades, whether verified or not, via photographs. Also included in Profit.ly are the vast number of trading classes as well as the ability to look at the stats of a trader’s account as well as other ways to communicate with your gurus through the chatroom in addition to email and text alerts as well as updates.
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Meet the Founder: Tim Sykes
Timothy Sykes is a well-renowned day trader who is well-known for his involvement in trades in penny stocks. According to Investopedia, a penny stock is a small business’s shares that trade for less than $5 per share. The trading of penny stocks can be seen as an avenue for small businesses to transition to a market that is larger as they can access capital from the general public. But don’t make the mistake of thinking that it’s also a high-risk game, which Sykes is sure to reveal through his many years of experience.
Since his initial beginnings in his late years in high school, Tim Sykes has, since then, earned an estimated $6 million profit throughout his illustrious career as a trader. At 25 years old, he had been given more exposure and a wider influence over time when he was a part of the reality series “Wall Street Warriors.” Then, he made use of the show to develop trading rooms, penny stock themes, and educational material aimed at those who are new to trading. He also helped to establish Profit.ly as a platform for transparency, and to allow the community to rise and compete against each other on the platform.
The Profit.ly Gurus
One of Profit.ly’s amazing features is the wide range of education resources, trade alerts, as well as other useful information provided by the platform’s in-house gurus. The gurus in question refer to experts in the field of trading who have earned significant amounts of profit from their collective years of knowledge. Tim Sykes Reccommeded Research Pages
At its peak, Profit.ly had housed up to five gurus, all of them a professional in their niche 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. At the time of writing there are only two gurus who remain on this 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 the packaged offers each guru has to offer.
From Tim Sykes Tim Sykes
Sykes provides basic stock trading services which focuses on penny-stock day trading via Tim’s Alerts. Costing $74.95 per month, you’ll be able to see him concentrate on the fundamental stock catalysts and use them to forecast the next move that is possible when trading.
A purchase on its own of Tim’s Alerts will get you access to the chatroom, as well as the mobile app available for iOS and Android devices, as well as text, e-mail, and push alerts; as well as a daily watchlist of stocks.
Tim Sykes: From Tim Sykes: The Pennystocking Silver Package
Pennystocking Silver is the premium version, with an upgraded version of Tim’s Alerts program. At $149.95 per month, this is an ideal plan for those who are more committed to investing in penny stocks. Pennystocking Silver comes with all the standard features found in earlier plans including alerts for swing trading and access to an extensive collection of more than 7,000 educational videos that are updated weekly.
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The following video is from “Superman” Paul Scolardi: Superman Alerts
Scolardi, who goes by the name “Superman,” is a professional in swing trading with an eye for both tiny-cap massive stocks as well as wildly accurate marketing forecasts. In the time since he began as a trader, Superman has amassed over $5.5 million in trading earnings. Tim Sykes Reccommeded Research Pages
The Superman Alerts plan is his offer of the most essential features and alerts on trading geared to those interested. For $147 per month, you’ll gain access daily stock watchlist that is premarket along with the mobile app, the daily market updates in real-time, and SMS and e-mail alerts.
The film “Superman” Paul Scolardi: Superman Pro
At $247/month, you get additional features, as well as access to the extensive knowledge base provided by Superman himself via his Superman Pro package. On top of the essentials included in the Alerts package, Superman Pro gives you weekly video lessons, including the growing collection of previous lessons. Additionally you’ll also have an access to high-quality research papers as well as the IPO and earnings tracker.
Profit.ly Plans and Costs
If you’re eager to join the trading community on the internet and leave a mark in the industry, Profit.ly has the right amount of resources to get you going. The platform has three membership levels that cater to traders at different levels. Let’s look at what the three tiers are and how much they’ll cost you.
Novice Plan
The Novice package is Profit.ly’s basic plan that is designed specifically for those who are new to the trading community. Once you have signed up for this package you’ll be provided with a variety of powerful and essential trading tools, each of which is essential to keep your fingers on what we can describe as a cutthroat procedure in its own.
The list of features you can do with Profit.ly’s Novice program is the ability to verify trades and track profits as well as leading, following and even chatting with your fellow traders, as well as leaving feedback on today’s trades. You’re also allowed to get on leaderboards; analyze, sort, and filter your trades; and, finally, see other people’s statistics.
The Novice plan is $29.95 per month. While it may look attractive just by the price, there is a downside. You aren’t able to create a personal account, making your actions public. If you do want to have access to this feature, keep an eye on us as we present to you Profit.ly’s new plan.
The Trader Plan
The Trader plan allows you to use many of the features of the Novice plan. This plan allows that you can set up an individual profile that allows you to share with fellow associates all your insights and intel in this trading group.
Costing $49.95/month, Profit.ly’s Trader plan will do what the name implies caters people who want to improve their expertise in trading. While it’s nice, there is one significant feature that is missing. In contrast to the Novice package, you won’t be able to see other traders’ stats this might be a drawback for those eager to try this new tier. Tim Sykes Reccommeded Research Pages
Pro Plan
This is by far the most luxurious package Profit.ly could offer for seasoned traders. With $74.95 each month with 22% off for annual billing, this tier has it all. It gives you full, unlimited access to all features of the previous plans.
You’re not only able to view other people’s stats as well, you’re also offered the chance to create an individual profile. These two features are plus the other advantages you’ll be able to use to the fullest potential. If you’re looking for an option that gives you with everything you require as a skilled trader, maybe the Pro tier could be for you!
Profit.ly’s Other Services
In addition to the training tools and the leaderboards, Profit.ly has a few other services they provide. One of those is its online store, which allows users to choose from a wide array of videos that are designed to educate and help you understand the nuances and pitfalls of trading. All of the products featured on this page of the website can be immediately purchased for personal use. Among these products include best-sellers like the “Trading Tickers” series by trading professional Tim Grittani, Timothy Sykes’s collection of DVDs and streaming-only content related to penny stocking, short stocking, as well as all related to trading, videos and clips of events like the Annual Pennystocking Conference, and items from other experts in trading.
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The integrated chat rooms are also 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 in addition to a few special websites that provide live chat support. But in Profit.ly, it is seen as a hands-on space where experts and their member traders can communicate and learn in real time. Each guru has their style in running their chat rooms and dealing with the members there. Some may be more laid back and less engaged, while another could be more active and in touch in their interactions with students. Think of the chatrooms as Profit.ly’s version of the forum in the essence.
Who is the ideal trader to Profit.ly?
Profit.ly’s wide range of products and features are geared towards an array of stock trader types, from novices to experienced professionals. Given the wide range of options it has to offer this platform definitely has something for all.
Beginners, for instance, will enjoy Profit.ly’s collection of educational information available on the platform. Not only will they be provided with videos every week and chat room advice from its in-house gurus as well as their members. They’ll also be able to select from the products in its online store for them to take wherever they may travel. They can also gain hands-on experiences by trading through the platform, but ultimately they’ll be able to realize that this is a risky game that shouldn’t be taken as an amusing pastime.
For the traders with decades of experience in the road, we consider Profit.ly equally suitable for them as it is for the newcomers. While novice traders may not be as proficient in managing trading however, experienced traders know how it works and the risky mix associated with it. In the ideal scenario, they can utilize Profit.ly’s range of features to their best advantage to improve their skills in trading. Like beginners, they can learn from the top experts as well as experts, and take advantage of simple tips and hints to help them along.
Profit.ly’s ‘all-together’ nature doesn’t just apply to newbies as well as semi-seasoned traders. Experts who have been verified can also participate in the fun! Those in the trading industry who are on an equal level with Superman or Tim Sykes can also use up Profit.ly’s capabilities to showcase their skills to others in order to guide them through the ever-illustrious trading process. Tim Sykes Reccommeded Research Pages
Profit.ly’s Pros and Cons
The Pros
- Profit.ly’s numerous capabilities as a ‘one-stop’ stock trading platform enable traders from all over the world with an abundance of knowledge tools, communication, and trading tools
- You’ll receive excellent training and advice from the company’s in-house gurus, including collections of educational videos as well as real-time trading activities
- You’re assured of transparency throughout Profit.ly with precise analytics as well as other traders who are ready to reach you out if something occurs.
- The leaderboard feature on the platform gives you the opportunity to increase your reputation as a reliable and authentic trader
- Apart from its main capabilities, Profit.ly also gives its users extra options to suit their needs, like posting unauthentic trades via photographs
- Profit.ly’s variety of packages and subscription levels are priced at affordable rates There is truly something for all
The Cons
- Profit.ly’s abundance of products and packages offered might not be enough for the majority of its users
- As traders may opt to post any kind of trade, there is the possibility that some of them may take advantage by picking the most profitable trades to improve their ratings this could be a risk that shouldn’t be overlooked.
- Profit.ly does not accept refunds because the premium customers are expected to instantly 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 could come up with the answer, it’s an affirmative “yes”. But it is important to realize that this platform shouldn’t be viewed as a get-rich-quick scheme. The platform was not always designed to be used for this reason. Instead, you need to have an open mind. Tim Sykes Reccommeded Research Pages
What we are referring to”yes” is it is a fantastic learning tool. Those who may be stuck might be able to find Profit.ly’s range of resources useful in their efforts to incur lesser losses and perform better than they did before. It’s not only the poor traders that can benefit from this platform. It can accommodate beginners and even experts in the field!
If you really want to become more successful in trading and would like to learn from your peers and experts along the way, then look no further – Profit.ly could be a good alternative to start.
FAQ Tim Sykes Reccommeded Research Pages
What are the best ways to use Profit.ly to publish your trades?
Profit.ly offers an entry section for trades within the ‘My Trade’ category of the dashboard. It lets you post your trades, verifiable or not. You may choose between three choices:
- Connecting your account to your brokerage of choice and then importing the trades from that directly
- Manually entering your trades using the spaces provided and details
- Take a photo of your transactions
What can I do to determine whether the trade is authentic or not?
If you purchase your trade through a reliable brokerage, there is the likelihood that it can be verified. This is indicated with the small blue check. If you upload it in a manual way or by taking screenshots, it will automatically be classified as unverified.
The drawback of posting an unauthenticated trade is the chance of receiving negative feedback from friends and colleagues. A large number of downvotes could cause you to be listed on the Madoff leaderboard, which is where the public can detect who’s being untruthful in submitting trades.
Does the Profit.ly mobile app still in use?
As of the moment, Profit.ly is still available for download on the Apple App Store and in the Google Play store. The mobile version of the app 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 seeking to make the most profit but also to help one another learn and improve in acquiring opportunities on the stock market left and right.
