The stock market can be a high-stakes game. On certain days, you might be reaping the benefits of positive and satisfying numbers. However, on other days you may experience the opposite and it could be very difficult to return to the point you were at your most productive. If you find yourself immersed in the water You will need be aware that relying solely on instinct and survival might not be enough.
If you’ve been incurring losses from time to time and you’re likely to require sound advice from tried-and-tested trading experts. Additionally, you’ll require an important boost from fellow traders from around the world, which is why we’ve identified an online platform that will help you in your growth in the market. We’ll take an in-depth 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.
Overall Rating: 4.1/5 Tim Sykes Through The Day
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 informative and accountable, as well as transparent and uplifting with each other through its broad variety of tools and features like chat rooms, trade verification, and an enriched library of educational content.
How do I define Profit.ly?
Profit.ly is a site for trading which serves as a training and learning platform for people new to trading and also as a platform for traders with experience to keep track of their performance with the help of cutting-edge analytics tools. It provides users with a vast variety of tools for trade and communication that help traders from all walks of life network with each other. It gives the gurus worthy investments within the boundaries that the site. Think of it as a social media site akin like Facebook and Reddit, but for experts and traders.
Profit.ly independently validates trade performance and then publishes the information of them in the manner of leaderboards. The trading platform is built on transparency and honesty: it makes sure that transactions are legitimate and will not allow for fraud as much as possible. It was created in the past by penny stock trade expert and investment expert Timothy Sykes, along with the other expert Michael Mosseri.
In an interview with Forbes magazine, Sykes said that Profit.ly was motivated by its focus “on the transparency of the entire spectrum of trades, something which has never been done before.” This idea was, he said, serving two purposes: 1) making public records for not just the gurus, but also the newsletter writers and students and secondly) allowing everyone on the platform to learn from the losses and wins to the benefit of the trading industry. Tim Sykes Through The Day
How Does It How Does It
Profit.ly follows a subscription-based model that lets stock traders gain access to a multitude of tools and services that are geared toward achievement. You can create an account there at no cost, however you’re limited to access to the leaderboard and follow the activities of non-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 join one of Profit.ly’s offers that we’ll review in the coming days.
Setting up an account is easy: create an account that includes your personal information and expertise, connect to your brokerage account and you’ll be given a chance to shoot your way up to high on the leaderboard. Profit.ly’s leaderboard feature, as previously mentioned, is designed to give its users an insight into how the community of traders performs and its experts. It’s not just a way to prove your worth to a large group of traders, but you can also utilize Profit.ly to shop with a guru, and have the confidence that you are confident with their expertise and the veracity of their assertions.
If you’re not comfortable with the idea of divulging information about your account with a brokerage, then you could decide to share your trades, verified or not, via screenshots. Also included in Profit.ly are a variety of courses in trading, the ability to view statistics on a person’s profile as well as other ways to communicate with your gurus through the chatroom in addition to text and e-mail alerts and updates.
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Meet Tim Sykes, the founder: Tim Sykes
Timothy Sykes is a well-renowned day trader who is well-known for delving his hands into the penny-stock market. According to Investopedia, a penny stock is a small business’s stock that trades for just less than 5 cents per share. Penny stock trading is a stepping stone for small businesses to transition to a large marketplace as it gives them access to capital from the general public. But don’t be mistaken – it’s also a high-risk game, which Sykes is sure to reveal thanks to his years of experience.
Beginning at the end of his time in the high schools, Tim Sykes has, since then, earned more than $6 million in earnings during his long and successful career as a trader. At the age of 25, he had been given more exposure and a wider impact when he became part of the reality TV show “Wall Street Warriors.” He made use of the show to develop trading rooms and penny stock themes as well as educational content targeted at people who are brand new to the trading field. He also played a role in establishing Profit.ly as a place 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 most appealing features is the vast array of learning sources, trade alerts and other helpful stuff provided by the platform’s in-house gurus. Gurus are referred to the experts in trading who have earned significant amounts of profit from their collective years of experience. Tim Sykes Through The Day
At its peak, 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 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 the platform: the founder as well as penny-stock trader 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 packages each guru can offer.
From Tim Sykes Tim Sykes
Sykes offers basic stock trading services that focuses on penny stock day trading through Tim’s Alerts. At $74.95 for a month you’ll be able to see him concentrate on the fundamental catalysts for stocks and utilize them to predict the next move that is possible when making trades.
A standalone purchase from Tim’s Alerts will get you access to the chatroom as well as the mobile application that is available for iOS and 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 program. Priced at $149.95 per month, this is an ideal plan for those who are involved in the penny-stock market. Pennystocking Silver offers all the essential features of prior plans, such as swing trading alerts and unlimited access to a rich library of over 7,000 educational videos and new videos released weekly.
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In “Superman” Paul Scolardi: Superman Alerts
Scolardi who goes under the name “Superman,” is a trader who has an eye for small-cap monumental stocks and crazy-accurate marketing forecasts. In the time since he began as a trader, Superman has amassed over $5.5 million in total trading profits. Tim Sykes Through The Day
The Superman Alerts plan is an offering of essential features and trading alerts targeted toward those who may be interested. For just $147 per month, you’ll have an access to the day-to-day stock watchlist that is premarket as well as the mobile app, daily market updates in real time, and email and SMS alerts.
From “Superman” Paul Scolardi: Superman Pro
For the price of $247, you receive additional features and access to the extensive knowledge base that is provided by Superman himself, via his Superman Pro package. On top of the essentials included in the Alerts plan, Superman Pro gives you weekly video lessonsthat include a growing library of all the previous ones. Additionally you’ll also gain the ability to access premium reports on research as well as an IPO or earnings monitor.
Profit.ly Programs and Costs
If you’re eager to join the trading community on the internet and make a mark on the field, Profit.ly has the right amount of tools to get you going. Profit.ly offers three membership levels, each designed for traders with different levels. Let’s look at what the three levels are and what they will cost you.
Novice Plan
The package called Novice is Profit.ly’s basic plan that is designed specifically for people who are brand new to the trading world. When you sign to this plan, you will be immediately provided with a variety of powerful and essential trading tools, each of them integral in keeping your fingers on what call a competitive process in and of itself.
Among the list of things 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 chatting with your fellow traders; and leaving feedback on today’s trades. It also allows you to be onto leaderboards; study, sort, and filter your trades; and lastly, look at other people’s statistics.
The Novice plan will cost $29.95 per monthly payment. Although it looks attractive simply because of the price but there’s a disadvantage. It isn’t possible to create a private profile, thus making your actions public. If you do want to have the benefit of this service, you should stay tuned as we introduce to you Profit.ly’s next plan.
The Trader Plan
The Trader package lets you to use the majority of features available in the Novice plan. In this plan, that you can create an account that is private for sharing with fellow associates all your insights and information you have gained from the trading community.
Priced at $49.95/month, Profit.ly’s Trader plan is exactly what it says: Cater for those looking to develop their skills in trading. Although it’s a nice thing, there is one significant feature that is missing. As opposed to the prior Novice package, you will not be able to view other traders’ statistics this could be a disadvantage for those eager to try this new tier. Tim Sykes Through The Day
Pro Plan
This is by far the most expensive plan Profit.ly offers to experienced traders. With $74.95 monthly, which includes 22% off for billing annually the Pro plan has it all. You get full, no-holds-barred access to all the features of the previous plans combined.
Not only do you get to see other users’ stats as well, you’re also offered the chance to create an individual profile. These two features are in addition to the advantages you’ll be able to use to their fullest capacity. If you’re in search of an option that gives all the features you need to be a skilled trader, maybe the Pro tier could be the right choice for you!
Profit.ly’s Other Services
In addition to the trainer tools and Leaderboards Profit.ly offers a number of additional services that it can provide. One of them is the online store, which lets users choose from a wide array of instructional videos that are designed to inform and provide guidance on the ins and outs of trading. The products listed in this section of the website is available to be purchased immediately for personal use. Among these products include best-sellers such as the “Trading Tickers” series from trading professional Tim Grittani, Timothy Sykes’s collection of DVDs and streaming-only content related to short stocking, penny stocking, and all other things trading-related, clips and footage from the Annual Pennystocking Conference, and other products by expert traders.
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The integrated chat rooms are as well part of Profit.ly’s variety of services and features. You may be familiar with the chat room as you can find it throughout social and messaging platforms, and also on a few specialty websites that provide live chat assistance. But in Profit.ly it’s seen as a real-time area where experts and member traders can communicate and share knowledge in real-time. Every guru has their own style in running their chat rooms and dealing with the members there. One might be a laid-back person who is not very often active, while another may be more online and communicative in their interactions with students. Think of chat rooms as Profit.ly’s version of a forum, in the essence.
Who is the best trader to Profit.ly?
Profit.ly’s diverse range of products and features caters to a large variety of stock trader types, from novices to the most experienced. Given the wide range of options it can provide this platform definitely has something for everyone.
Beginners, for instance, will appreciate Profit.ly’s collection of educational materials available across the platform. In addition, they will get daily videos and chat room tips from its in-house gurus and their members. They’ll also be able to pick from the merchandise available in its online store for them to take wherever they may be. You can also get 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 taken as an amusing pastime.
For traders who have many years of experience down the line, we believe Profit.ly equally suited to them as those who are just starting. While novice traders may not be as well-equipped with handling trading matters but the experts already know how it works along with the plethora of risks that it carries. In the ideal scenario, they can use Profit.ly’s variety of options to their maximum advantage to enhance their skills in trading. Like beginners, they can learn from the experts and experts and utilize those simple tips and hints to help them along.
Profit.ly’s ‘all-together’ nature doesn’t just apply to newbies and semi-experienced traders. Certified experts can also take part in the excitement! 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 capabilities to display their skills to others in order to assist them in the ever-changing trading process. Tim Sykes Through The Day
Profit.ly’s Pros and Pros and
The Pros
- Profit.ly’s many capabilities as a “one-stop’ stock trading platform allows traders from all over the world with an abundance of knowledge communications, trading, and communication tools
- You get to be taught by experts and tips from the inside experts, as well as collections of educational videos as well as real-time trading activities
- You’re guaranteed transparency throughout Profit.ly with precise analytics as well as fellow traders that are waiting to reach you when something goes wrong.
- The leaderboard feature of the platform offers you the chance to establish your credibility as a trustworthy and verifiable trader
- Apart from its main capabilities, Profit.ly also gives its customers additional options to meet their individual preferences, for instance, posting trades that are not authentic by taking images
- Profit.ly’s wide array of subscription levels and guru packages are priced at reasonable prices There is truly something for all
The Cons
- Profit.ly’s bountiful stream of products and packages offered might seem overwhelming for the majority of its users
- If traders decide to open any kind of trade, there’s the possibility that some of them will profit by cherry-picking the best trades to improve their ratings This could be a concern that should not be simply overlooked
- Profit.ly does not accept refunds, as its premium users are expected to instantly benefit from the number of services that the platform can offer
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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 would be yes. However, you must realize that the platform should not be used as a scheme to get rich quick. The platform wasn’t originally intended to be created for this reason. Instead, you should have an open mind. Tim Sykes Through The Day
What we mean”yes” is that it is a fantastic learning tool. Those who may be stuck might find Profit.ly’s range of resources helpful when they try their best to avoid losses and be more successful than before. Not only poor traders that can benefit from the platform. It will be able to accommodate beginners as well as even experts!
If you truly want to become more successful in trading and would like to learn from your fellows and gurus along the way, then look no further – Profit.ly could be a good alternative to start.
FAQ Tim Sykes Through The Day
How do you use Profit.ly to make your trades public?
Profit.ly offers an entry section for trades in the ‘My Trade category on the dashboard that lets you record your trades that are verified or otherwise. There are three choices:
- Linking your account to the brokerage of choice and importing the trades from that directly
- Manually entering your trades into the spaces provided and details
- Send a screen shot of your trades
How can I tell whether the trade can be verified or not?
If you buy your trade from a reputable brokerage, there’s an excellent probability that it’s verifiable. This is evident by the blue check mark. If you post the information manually or via pictures, it will be classified as unverified.
The drawback of posting an unverified trade is the chance of getting downvotes from your friends and colleagues. Too many downvotes may cause you to show up in the Madoff leaderboard, where users can detect who’s being untruthful in submitting trades.
Are the Profit.ly mobile application still available?
As of the moment, Profit.ly is still available to download from the App Store for Apple and on the Google Play store. The mobile version of the app is compatible with most functioning tablets and smartphones.
How many are using Profit.ly?
Profit.ly is currently home to over 150,000 traders and investors, as they not only are trying to maximize profits but also assist each other to develop and grow in their ability to take advantage of stock market opportunities left and right.
