The stock market can be an exciting game with high stakes. On some days, you could be reaping the benefits of positive and satisfactory numbers. On other days you may experience the opposite, and it may sometimes be extremely difficult to get back to where you were your most productive. If you are immersed in the water it is important to realize that relying on your instincts and preserving might not be enough.
If you’ve experienced losses from time to time, you’re gonna be needing solid advice from seasoned and tested trading experts. You’re also gonna need a significant boost from your fellow traders from around the world, which is why we’ve discovered a platform that can support you in your growth in the industry. This review will take the time to look at Profit.ly A well-respected all-in-one 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 Spikability
Value: 4.1/5
Quality: 4.1/5
Costs: 4.1/5
User Experience: 4.5/5
Summary
Profit.ly offers an internet-based trading service that permits traders of all levels to be informed, transparent, accountable, and to build relationships with one another through its wide range of features and tools like chat rooms, trade verification as well as an extensive library of educational material.
What is Profit.ly?
Profit.ly is a trading site that serves both as a learning and education platform for those new to trading and also as a platform for experienced traders to track their performance with the help of advanced analytics tools. It provides users with a vast range of resources for communication and trade that help traders from all walks of life network with each other. It gives the gurus an opportunity to invest in the right areas of this platform. Consider it a social media site akin the likes of Facebook and Reddit but with a focus on experts and traders.
Profit.ly independently validates trade performance and posts all the data of them in the manner of leaderboards. The platform for trading is built on honesty and transparency: it ensures that the trades are authentic and won’t allow for fraud as much as is humanly possible. It was established many years ago by penny stock trade expert and investment expert Timothy Sykes, along with fellow expert Michael Mosseri.
One time during his appearance in Forbes publication, Sykes said that Profit.ly was driven by its focus “on showing the entire spectrum of trades, something which has never been done before.” This idea, he added, served two objectives: one) keeping track of public data for not just the gurus as well as newsletter writers and students, and 2) making it possible for all users to be enlightened by both the wins and losses to the benefit of the trading industry. Tim Sykes Spikability
How Does It Perform?
Profit.ly utilizes a subscription model that lets stock traders benefit from a variety of tools and services that are geared toward achievement. You may set up an account on the site at no cost, however you’re only limited to having access to the leaderboard and observe the activities of people who aren’t gurus. If you’re interested in investing your money to see what stocks the experts are trading in real time it is necessary to join one of Profit.ly’s offers, which we will review in the coming days.
Making an account simple: Create an account with your experience and skills, join to your brokerage account and you have yourself a chance to shoot your way to at the very top of the list. Profit.ly’s leaderboard feature, as previously mentioned it is designed to provide its users a look at the performance of the trading community as well as its experts. It’s not just a way to demonstrate value to a large group of traders, as you are also able to use Profit.ly to buy with a professional with the confidence that you are confident of their knowledge and the veracity of their assertions.
If you are unsure about the idea of sharing your brokerage account, then you could decide to share your trades, verified or not, by taking screenshots. Also included in Profit.ly are the vast number of courses in trading as well as the ability to look at the stats of a trader’s account, and more ways to communicate with your gurus via chatrooms along with 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 trader who has been famously known for his involvement in trades in penny stocks. According to Investopedia Penny stock refers to a small-sized company’s stock which trades at less than $5 per share. The penny stock market could be viewed as a stepping stone for small-scale businesses to make the transition to a large marketplace as they can access money from the public. But don’t make the mistake of thinking that it’s also an extremely risky activity, as Sykes will be able to tell you through his many years of expertise.
Since his initial beginnings in the latter years of high school, Tim Sykes has, since then, earned more than $6 million in profit during his long and successful career as trading professional. At the age of 25, he had been given more exposure and a wider influence over time when he was a part of the reality TV show “Wall Street Warriors.” He took advantage of it to develop trading rooms and penny stock themes as well as educational content targeted at people who are brand new to trading. He also played a role in establishing Profit.ly as a platform for transparency, and for the community to uplift and compete with each other on the platform.
The Profit.ly Gurus
One of Profit.ly’s sweet inclusions is the wide range of education sources, trade alerts as well as other useful information provided by the in-house experts of the platform. Gurus are referred to experts in the field of trading who have proven to make substantial profits through their years of knowledge. Tim Sykes Spikability
At its height, Profit.ly had housed up to five gurus, each of them an expert within their particular field in the field of trading. Some of the most prominent gurus included Connor Bruggermann, Nathan Michaud of Investors Underground, and Triforce as well as a handful of 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 packages each guru has to offer.
From Tim Sykes Tim Sykes
Sykes offers an essential stock trading service that focuses on penny-stock day trading via Tim’s Alerts. The cost is $74.95 for a month you’ll see him focus on the basic stock catalysts and employ them to predict the next possible moves in 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 on iOS as well as Android devices; email, text and push alerts as well as a daily watchlist of stocks.
from Tim Sykes: The Pennystocking Silver Package
Pennystocking Silver is the premium, upgraded version of the Tim’s Alerts package. Priced at $149.95 monthly, it is an ideal plan for those who are involved in penny stock trading. Pennystocking Silver offers all the essential features of earlier plans such as swing trading alerts and unlimited access to a rich library of over 7,000 educational videos, with new ones 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 small-cap monumental stocks and crazy-accurate marketing forecasts. Since he began as a trader, Superman has amassed over $5.5 million in total trading earnings. Tim Sykes Spikability
The Superman Alerts plan is his offering of essential features and trading alerts targeted toward those who may be interested. For just $147 per month, you’ll have access daily premarket stock watchlist as well as the mobile app, daily market commentary in real time, and E-mail and SMS alerts.
In “Superman” Paul Scolardi: Superman Pro
For the price of $247, you receive additional features, plus access to the extensive knowledge base that is provided by Superman himself, via Superman Pro. Superman Pro package. Alongside the standard features included in the Alerts package, Superman Pro gives you weekly video lessons, including the growing collection of previous lessons. On top of that, you’ll also get access to premium research reports and an IPO as well as earnings tracking tool.
Profit.ly Plans and Costs
If you’re ready to join the online trading community and make a mark on the field, Profit.ly has the right amount of resources to help you up and running. The platform offers three membership levels, each designed for traders with different levels. Let’s break down what these three tiers are and how much they will cost you.
Novice Plan
This package for novices is Profit.ly’s entry-level plan designed especially for those who are just beginning their journey to the world of trading. As you sign up for this plan you’ll be provided with a variety of powerful and indispensable trading tools, each one of them essential in keeping your hands on what we call a competitive procedure in its own.
Among the list of things you can do with Profit.ly’s Novice package is the ability to verify the results of your trades and track profit as well as leading, following and even chatting with other traders; and giving feedback on the trades of today. It also allows you to be on leaderboards, analyze your trades, sort and filter your trades; and, lastly, view other’s stats.
The Novice plan will cost $29.95 per monthly payment. Although it looks attractive just by the price but there’s a disadvantage. You can’t create a private profile, thus making your personal information public. If you do want to get access to this feature, you should be watching for us to introduce to you Profit.ly’s new plan.
Trader Plan
The Trader plan allows you to take advantage of the majority of features available in The Novice package. It is in this plan that you can set up an account that is private to share with other associate users all the insights and information you have gained from this trading group.
Costing $49.95/month, Profit.ly’s Trader plan is exactly what it says caters to those who desire to develop their expertise in trading. Although it’s a nice thing but there’s one important aspect that’s not included. In contrast to the Novice package, you will not be able view other traders’ stats this could be a problem for those who are anticipating this level. Tim Sykes Spikability
Pro Plan
The Professional plan can be described as the most expensive plan Profit.ly offers to experienced traders. It costs $74.95 monthly, with 22% off when billed annually, this tier has everything. It gives you full, unlimited access to all the features of the previous plans combined.
Not only do you get to look at other people’s statistics, but you’re also given the chance to create an individual profile. These two features are on top of all the advantages that you can utilize to the fullest potential. If you’re in search of an option that gives you with everything you require as an experienced trader, the Pro level is ideal for you!
Profit.ly’s Other Services
In addition to the trainer tools and Leaderboards Profit.ly provides a variety of additional services that it can provide. One of these is its online store, where customers can pick from a range of video products designed to inform and help you understand the ins and outs of trading. The products listed in this section of the website is available to be immediately purchased for personal use. Among these products include best-sellers like”Trading Tickers,” the “Trading Tickers” series by trading specialist Tim Grittani, Timothy Sykes’s collection of DVDs and streaming-only content on short stocking, penny stocking, and all other related to trading, videos and scenes from events like the Annual Pennystocking Conference, and other products by expert traders.
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The integrated chat rooms are included in Profit.ly’s range of services and features. You’re probably familiar with the concept of the chat room as you will see it on social and messaging platforms in addition to a few special websites that offer live chat support. However, in Profit.ly the chat room is viewed as a real-time space where experts and their members can interact and learn in real time. Every guru has their own way in operating their chat room and in dealing with the members there. One might be a laid-back person who is less active, while another may be more interactive and online with their students. Think of chat rooms like Profit.ly’s version of the forum in its essence.
Who is the ideal trader to Profit.ly?
Profit.ly’s wide range of products and features cater to a large variety of stock traders, from beginners to experienced pros. Considering the number of offers it has to offer this platform definitely has something for all.
Beginners, for instance, will appreciate Profit.ly’s collection of educational content offered throughout the platform. Not only will they be provided with videos every week and chat room tips by its internal gurus and members. Additionally, they can choose from the items in its online store that they can take with them wherever they go. You can also get hands-on experiences from trading within the platform, however they’ll be able to realize that this is a high stakes game that shouldn’t be treated as an opportunity to make fun of.
For those traders who have had decades of experience in the road, we consider Profit.ly equally suited for them as it is for people who are just beginning. Although the novices might not be as proficient in handling trading matters, the pros already understand the way it functions and the risky mix that come with it. It is ideal to make use of Profit.ly’s variety of options to their maximum advantage to improve their trading abilities. Like novices, they can learn from the experts and experts , and use those quick tips and tidbits along the way.
Profit.ly’s ‘all-together’ nature does not only apply to beginners or semi-experienced trader. Verified experts can also join in the fun! Those in the trading industry who are on an equal level with Superman as well as Tim Sykes can also use up Profit.ly’s capabilities to display their skill to others as a way to guide them through the ever-illustrious trading process. Tim Sykes Spikability
Profit.ly’s Pros and Cons
The Pros
- Profit.ly’s many capabilities as a “one-stop’ platform for trading stocks allows it to provide traders everywhere with an abundance of knowledge, communication, and trading tools
- You’ll be provided with excellent lessons and insights from its inside experts, as well as 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 who are ready to reach you out whenever something happens
- The leaderboard feature on the platform gives you the opportunity to increase your reputation as a reliable and authentic trader
- Apart from its core capabilities, Profit.ly also gives its customers additional options to meet their preferences, such as posting trades that are not authentic by taking photographs
- Profit.ly’s variety of packages and subscription levels are priced at affordable rates – there truly is something for every person
The Cons
- Profit.ly’s abundance of packages and services offered could seem overwhelming for most of its customers
- Since traders can choose to make any type of trade, there is a possibility that some of them could profit from cherry-picking the best trades to boost their rating – this may be a concern that should not be ignored.
- Profit.ly does not accept refunds, as its premium users are expected to immediately benefit from the number of services that the platform can offer
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The Final Verdict: Is Profit.ly Valued?
If we could think of the answer, it’s yes. But it is important to realize that the platform should not be used as a get-rich-quick scheme. The platform was not always designed to be used to achieve this goal. Instead, you should have curiosity. Tim Sykes Spikability
What we do mean”yes” is it could be a useful learning tool. People who are stuck may discover Profit.ly’s range of resources to be helpful when they try their best to incur lesser losses and perform better than before. It’s not just the struggling traders that will benefit from the platform. It is able to accommodate novices and even experts!
So, if you genuinely want to become a better trader and want to be taught by your peers and experts along the way, then take a look at Profit.ly. Profit.ly is a fantastic alternative to start.
FAQ Tim Sykes Spikability
How do you use Profit.ly to post your trades?
Profit.ly has the option of allowing trade entries under the “My Trade category on the dashboard that lets you post your trades that are verified or otherwise. You may choose between three options:
- Connecting your account to your brokerage of choice and then importing transactions directly through there
- Manually inputting your trades with provided spaces and specifics
- Take a photo of your trades
How can I tell whether the trade can be verified or not?
If you purchase your trade from a trusted brokerage, there’s the likelihood that it can be verified. This is shown by the small blue check. If you post it in a manual way or by taking images, it will be classified as unverified.
The disadvantage of an unauthentic trade is the possibility of receiving downvotes from fellow peers. Too many downvotes may result in you appearing in the Madoff leaderboard, where people are able to identify who is fraudulent in posting trades.
Is the Profit.ly mobile app still available?
As of the moment, Profit.ly is still available to download from the Apple App Store and in the Google Play store. The mobile app version works with all operating tablets and smartphones.
How many people are currently on Profit.ly?
Profit.ly currently houses more than 150,000 investors and traders, as they not only are looking to earn maximum profits but also help each other grow and learn more about acquiring opportunities on the stock market left and right.
