Stock trading can be an exciting game with high stakes. On certain days, you might enjoy the benefits of positive and satisfactory numbers. On other days it could be the reverse and it can be extremely difficult to return to where you were at your best. If you are immersed in the water it is important be aware that relying solely on pure instinct and preservation may not always be enough.
If you’ve experienced loss from time to time and you’re likely to require reliable advice from tested and tried trading experts. Also, you’ll need an enormous boost from your trading partners from all over the world, which is why we’ve found a platform that can support you in your improvement in the industry. In this review, we’ll be taking an in-depth look at Profit.ly A well-respected 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. To get a comprehensive overview of Profit.ly, you may still want to check out our article below.
Total Rating: 4.1/5 Tim Sykes Subscription
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 permits traders of different levels to be knowledgeable, transparent, accountable, and encouraging one another through its wide array of tools and features including trade verification, chat rooms and a rich library of educational content.
What is Profit.ly?
Profit.ly is a trading website that serves both as a learning and education platform for traders who are starting out as well as a place for traders who are experienced to monitor their performance using the aid of cutting-edge analytics tools. Offering users a broad variety of tools to facilitate trade and communication and letting traders from all walks of life connect with one another. It gives the gurus worthy investments within the boundaries of this platform. Imagine it as the social media equivalent the likes of Facebook and Reddit but with a focus on experts and traders.
Profit.ly independently checks the performance of trades and publishes all data of them in the manner of leaderboards. The platform for trading is built on trust and transparency. it makes sure that transactions are legitimate and will not tolerate inauthenticity as much as it is possible. It was created in the past by penny expert in stock trading and investment expert Timothy Sykes, along with fellow expert Michael Mosseri.
In an interview for Forbes magazine, Sykes said that Profit.ly was driven by its focus “on the transparency of every trade, something that was never prior to.” The idea, he added, served two goals: 1.) keeping track of public data for all traders, not just the gurus and students and newsletter writers and secondly) making it possible for everyone on the platform to gain insight into the losses and wins for the trading industry’s benefit. Tim Sykes Subscription
How Does It Perform?
Profit.ly is a subscription-based platform that allows stock traders to have access to a range of features and services aimed towards achieving success. It is possible to create an account for free, but you’re limited to the ability to navigate through the leaderboard and follow the actions of non-gurus. If you’re interested in investing your money to see what stocks the experts are trading in real-time You’ll need to subscribe to any of Profit.ly’s offerings that we’ll 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 an opportunity to make your way to at the very top of the list. 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 gurus. You’re not just allowed to prove that you’re worthy to the community of traders, as you are also able to use Profit.ly to purchase with a professional with the assurance that you’re confident with their expertise and the legitimacy of their claims.
If you feel uneasy with the idea of divulging information about your account with a brokerage, you may decide to share your trades, verified or not, by taking photographs. Included in Profit.ly are the vast number of trading courses and the capability to see stats in a trader’s profile and other methods to interact with your experts 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 guru who has been famously known for delving his hands into the penny-stock market. According to Investopedia the term “penny stock” refers to a small-sized company’s shares that trade for just less than 5 cents per share. The penny stock market could be viewed as a stepping stone for small companies to move to a large marketplace 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.
Beginning at the end of his time in the high schools, Tim Sykes has, since then, made over $6 million of profits through his lengthy career as trader. At the age of 25, he had been given greater exposure and an even wider reach of influence as a participant in the reality TV show “Wall Street Warriors.” He made use of the show to create trading rooms, 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 transparency, and for the community to lift each other up and compete with each other through the platform.
The Profit.ly Gurus
One of Profit.ly’s most appealing features is the variety of education sources, trade alerts as well as other useful information provided by the company’s internal gurus. Gurus are referred to experts in the field of trading who have proven to make substantial profits from their collective years of knowledge. Tim Sykes Subscription
At its height, Profit.ly had housed up to five gurus, each of them an expert in their field of expertise within the world of trading. 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 and penny stock trader Tim Sykes and veteran smallcap swing trader Paul Scolardi, also known as Superman. When we take that into account, let’s take a look at the packages each guru has to offer.
From Tim Sykes: Tim’s Alerts
Sykes offers a basic stock trading service which focuses on penny-stock day trading via Tim’s Alerts. At $74.95 for a month you’ll be able to see him focus on the fundamental catalysts for stocks and utilize them to predict the next moves that could occur when making trades.
A standalone purchase of Tim’s Alerts will get you access to the chatroom and the mobile application that is available on iOS as well as Android devices, as well as 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 that has been upgraded of the Tim’s Alerts program. At $149.95 for a month this is a great option for those who are involved in penny stock trading. Pennystocking Silver comes with all the standard features of the previous plan, which includes alerts for swing trading and access to an extensive library of over 7,000 educational videos that are updated each week.
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The following video is from “Superman” Paul Scolardi: Superman Alerts
Scolardi who is known under the alias “Superman,” is a professional in swing trading with an eye for massive stocks of the small-cap size and insanely accurate marketing forecasts. In the time since the time he started trading, Superman has amassed over $5.5 million in trading earnings. Tim Sykes Subscription
The Superman Alerts package is his package of vital features and trading alerts geared toward those who may be interested. For $147 per month, you’ll gain 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 a knowledgeable base of information provided by Superman himself via Superman Pro. Superman Pro package. Alongside the standard features included in the Alerts package, Superman Pro gives you daily video lessons, which include the growing collection of other previous ones. On top of that you’ll also have access to premium research reports as well as the IPO and earnings tracker.
Profit.ly Programs and Costs
If you’re ready to join the online trading community and leave a mark in the market, Profit.ly has the right amount of resources to help you up and running. The platform offers three membership tiers that are designed to accommodate traders at different levels. Let’s break down what these three are and how much they’ll cost you.
Novice Plan
This package for novices is Profit.ly’s basic plan that is designed specifically for people who are brand new to the trading world. Once you have signed to this plan, you will be immediately provided with a variety of powerful and vital trading tools, each one of them essential in keeping your hands on what we call a competitive process in and of itself.
Some of the features you can accomplish using Profit.ly’s Novice package is the ability to verify trades and track profits and follow-up, leading, and even messaging your fellow traders; and leaving feedback on today’s trades. It also allows you to be onto leaderboards; study the results of your analysis, sort, as well as filter trades; and lastly, look at other people’s statistics.
The Novice plan is $29.95 per month. Although it might look appealing for the price alone but there’s a disadvantage. You can’t create a private account, making your activities publicly available. If you’re looking to gain an account with this option, keep an eye on us as we present to you Profit.ly’s new plan.
Trader Plan
The Trader package lets you to use a majority of features from The Novice package. In this plan, that you can set up an account that is private to share with fellow associate users all your knowledge and intel in this trading group.
The price is $49.95/month, Profit.ly’s Trader plan will do what the name implies caters people who want to harness their trading skills. While it’s nice, there is one significant feature that is missing. Unlike the previous Novice package, you won’t be able view the statistics of other traders this could be a problem for some who may be looking forward to this tier. Tim Sykes Subscription
Pro Plan
The Professional plan can be described as the most premium package that Profit.ly offers to experienced traders. With $74.95 each month with 22% off when billed annually, this tier has it all. It gives you full, unlimited access to all the options of the previous plans combined.
Not only do you get to look at other people’s statistics and data, but you also have the chance to create an individual profile. Both of these features, on top of all the benefits that you can use to the fullest potential. If you’re looking for an account that will give you with everything you require as a skilled trader, maybe the Pro plan is ideal for you!
Profit.ly’s Other Services
Apart from the provided tools for training and leadersboards Profit.ly offers a number of additional services that it can offer. One of them is the online store, where customers can choose from a wide array of videos created to help you understand the nuances and pitfalls of trading. All of the products featured on this page of the website can be purchased immediately for personal use. These include best-selling products such as”Trading Tickers, “Trading Tickers” series by trader specialist Tim Grittani, Timothy Sykes’s collection of DVDs and streaming-only content about short stocking, penny stocking, and other related to trading, videos and clips taken from The Annual Pennystocking Conference, and items from other experts in trading.
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Chat rooms integrated into Profit.ly are included in Profit.ly’s array of features and services. You are probably familiar with the chat room since you can see it across social and messaging platforms and also on a few specialty websites that provide live chat support. But on Profit.ly, it is seen as a area where experts and member traders can communicate and learn in real time. Every guru has their own style in running their chat rooms and in dealing with the members. One of them may be laid back and not very often active, while another might be more interactive and online in their interactions with students. Think of chatrooms as Profit.ly’s version of a forum, in its essence.
Who is the best Trader for Profit.ly?
Profit.ly’s diverse range of products and features caters to the wide range of stock traders, ranging from beginners to experienced pros. Considering the number of offers it has to offer it is certain to have something for everyone.
Beginners, for instance, will enjoy Profit.ly’s library of learning content offered throughout the platform. They will also get daily videos and chat room tips by its internal gurus and their members. Additionally, they can select from the products from its online store to carry with them wherever they go. They can also gain hands-on experience trading on the platform, but eventually they’ll be able to realize that this is a risky game that shouldn’t be treated as a joke.
For the traders with many years of experience down the line, we believe Profit.ly equally suitable to the newcomers. While novice traders may not be as well-equipped with dealing with trading issues however, experienced traders know the way it functions and the plethora of risks that it carries. It is ideal to make use of Profit.ly’s range of options to their maximum advantage to develop their trading abilities. As beginners, they are able to learn from the top experts and experts and utilize those short tips and tricks along the way.
Profit.ly’s ‘all-together’ nature isn’t limited to novices and semi-experienced traders. Certified experts can also take part in the fun! People in the trade industry who are on similar levels to Superman or Tim Sykes can also use Profit.ly’s capabilities. Profit.ly’s capabilities to showcase their skills to others in order to guide them through the ever-illustrious trading process. Tim Sykes Subscription
Profit.ly’s Pros and Pros and
The Pros
- Profit.ly’s many capabilities as a “one-stop” stock trading platform enable traders across the globe with tons of learning, communication, and trading tools
- You get to be provided with excellent lessons and tips from the internal experts, which include collections of educational videos as well as trading in real-time.
- You’re assured of transparency throughout Profit.ly by using accurate data and fellow traders ready to call you out if something occurs.
- The leaderboard feature on the platform gives you the chance to establish your credibility as a trustworthy and verifiable trader
- Apart from its core abilities, Profit.ly also gives its customers additional options to meet their individual preferences, for instance, posting unverifiable trades through images
- Profit.ly’s variety of subscription levels and guru packages are priced at affordable rates – there truly is something for all
The Cons
- Profit.ly’s numerous packages and services offered could seem overwhelming for most of its users
- Since traders can choose to post any kind of trade, there’s the possibility that some of them may take advantage by picking the most profitable trades to improve their ratings this could be a problem that shouldn’t be ignored.
- Profit.ly does not accept refunds as its premium users will immediately take advantage of the numerous services the platform has to provide
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The Final Verdict: Is Profit.ly worth it?
If we were able to come up with the answer, it’s yes. But it is important to realize that it shouldn’t be treated as a scheme to get rich quick. It wasn’t meant to be designed to achieve this goal. Instead, you should have the ability to think with an open heart. Tim Sykes Subscription
What we do mean”yes” is it is a fantastic learning tool. People who are stuck may find Profit.ly’s range of resources helpful when they try their best to reduce loss and perform better than they did before. Not only poor traders that can benefit from this platform. It will be able to accommodate beginners as well as even experts in the field!
So, if you genuinely want to become a better trader and want to learn from your peers and experts along the way, then look no further – Profit.ly may be a great option to begin.
FAQ Tim Sykes Subscription
How can you make use of Profit.ly to post your trades?
Profit.ly offers a trade entry portion within the ‘My Trade section of the dashboard which allows you to post your trades that are verified or not. There are three options:
- Linking your account with your brokerage of choice and then importing trades directly from there
- Manually inputting your trades with specified spaces and information.
- Take a photo of your transactions
How can I tell whether the trade can be verified or not?
If you import your trade from a trusted brokerage, there’s an excellent chance that it is verifiable. This is shown by the small blue check. If you submit the information manually or via pictures, it will be classified as unverified.
The drawback of posting an unverified trade is the risk of receiving negative feedback from fellow peers. A large number of downvotes could result in you appearing on the Madoff leaderboard, where people can detect who’s being fraudulent in posting trades.
Are the Profit.ly mobile app still available?
As of the moment, Profit.ly is still available for download on the App Store for Apple and the Google Play store. The mobile app version is compatible with the majority of functioning tablets and smartphones.
How many are using Profit.ly?
Profit.ly currently houses more than 150,000 investors and traders because they are not just seeking to make the most profit but also assist each other to grow and learn more about acquiring stock market opportunities all over the world.
