The stock market can be an exciting game with high stakes. Some days, you could be reaping the benefits of pleasing and positive numbers. However, on other days you may experience the opposite and it can be extremely difficult to return to where you were at your best. If you’re immersed in the water You will need to realize that relying on your instincts and preserving may not always be enough.
If you’ve been incurring loss from time to time You’ll need sound advice from tried-and-tested trading experts. Also, you’ll need an enormous boost from your fellow traders from around the world, which is why we’ve identified a platform that can support you in your improvement in the industry. In this review, we’ll take a look at Profit.ly is a well-known one-stop 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. To get a comprehensive overview of Profit.ly, you may still want to check out our article below.
Overall Rating: 4.1/5 Tim Sykes Top Penny Stocks
Value: 4.1/5
Quality: 4.1/5
Costs: 4.1/5
Users Experience 4.5/5
Summary
Profit.ly is an online trading platform that permits traders of all levels to be informed responsible, transparent, and uplifting with one another through its wide variety of tools and features including trade verification, chat rooms as well as an extensive library of educational material.
What is Profit.ly?
Profit.ly is a site for trading which serves as a learning and education platform for those who are just beginning their journey and also as a platform for experienced traders to track their performance with the help of sophisticated analytics tools. It provides users with a vast array of options to facilitate trade and communication that help traders from all walks of life connect with each other. It gives the gurus an opportunity to invest in the right areas of this platform. Think of it as an online social media platform similar like Facebook and Reddit however it is geared towards professionals and traders.
Profit.ly independently verifies trade performances and then publishes the information from them in the style of leaderboards. The trading platform is built on transparency and honesty: it ensures that the transactions are legitimate and will not tolerate inauthenticity as much as it is possible. It was established years ago by the penny expert in stock trading and investment expert Timothy Sykes, along with his colleague Michael Mosseri.
In an appearance in Forbes magazine, Sykes declared that Profit.ly was based “on showing the entire spectrum of trades, something which has never been previously done.” This idea, he added, served two objectives: one) keeping track of public data for not just the gurus and students and newsletter writers, and 2) giving everyone on the platform to gain insight into both losses and wins to benefit the industry of trading. Tim Sykes Top Penny Stocks
How Does It Work?
Profit.ly is a subscription-based platform that allows stock traders to have access to a range of services and features geared at achieving success. You can create an account at no cost, however you’re only given the capability to browse the leaderboard and observe the actions of non-gurus. If you’re interested in investing your money and see what stocks the experts are trading in real time You’ll need to sign up to one of Profit.ly’s deals, which we will review in the coming days.
Setting up an account is simple: Create an account with your experience and knowledge, then connect to your brokerage account and you’ll have an opportunity to make your way to high on the leaderboard. Profit.ly’s leaderboard feature, as previously mentioned was designed to offer its users an insight into their performance as a trading group as well as its gurus. You’re not just allowed to prove your worth to a large group of traders. You can also utilize Profit.ly to purchase from a guru with the assurance that you’re comfortable with their expertise and the legitimacy of their assertions.
If you’re not comfortable with the idea of sharing information about your account with a brokerage, you may opt to post your trades, verified or otherwise, through photographs. Also included in Profit.ly are a variety of trading classes and the capability to see stats in a trader’s profile as well as other ways to connect with your gurus through 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 guru who is famously known for his involvement in penny stock trading. According to Investopedia, a penny stock refers to a small company’s shares that trade for just less than 5 cents per share. Penny stock trading could be viewed as an avenue for small companies to move into a larger market because it gives them access to money from the general public. But don’t be mistaken – it’s also a high-risk game, which Sykes can surely tell because of his decades of experience.
Beginning in the latter years of the high schools, Tim Sykes has, since then, made over $6 million of earnings throughout his illustrious career as a trader. At the age of 25 Tim Sykes had received more exposure and a wider impact 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 new to trading. He also played a role in establishing Profit.ly as a place of transparency, and for the community to uplift and compete against each other through the platform.
The Profit.ly Gurus
One of Profit.ly’s amazing features is the vast array of educational resources, trade alerts, as well as other useful information provided by the in-house experts of the platform. Gurus are referred to the experts in trading who have made significant amounts of profit from their collective years of expertise. Tim Sykes Top Penny Stocks
At its peak, Profit.ly had housed up to five gurus, all of them an expert in their field of expertise in the trading industry. Some of the prominent gurus included Connor Bruggermann, Nathan Michaud of Investors Underground, and Triforce, among a few others. At the time of writing there are only two gurus who 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 what packaged deals each guru can offer.
From Tim Sykes Tim Sykes
Sykes offers an essential stock trading service with the main priority being penny stock day trading through Tim’s Alerts. At $74.95 for a month you’ll be able to see him focus on the fundamental stock catalysts and use them to forecast the next possible moves in making trades.
A purchase on its own from 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, 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. Priced at $149.95 monthly, this is an ideal plan for those who are more involved in investing in penny stocks. Pennystocking Silver offers all the essential features of earlier plans including swing trading alerts and unlimited access to an extensive collection of more than 7,000 educational videos, with new ones released weekly.
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In “Superman” Paul Scolardi: Superman Alerts
Scolardi who is known under the alias “Superman,” is a swing trading professional 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 profits. Tim Sykes Top Penny Stocks
The Superman Alerts plan is his offering of essential features and trading alerts targeted to those interested. For $147 per month, you’ll gain access daily premarket stock watchlist as well as the mobile app, daily market commentary shown in real-time, and SMS and e-mail alerts.
In “Superman” Paul Scolardi: Superman Pro
For $247 per month, you can enjoy additional features and access to the extensive knowledge base provided by Superman himself through the Superman Pro package. On top of the essentials included in the Alerts plan, Superman Pro gives you weekly video lessons, including a growing library of all other previous ones. In addition, you’ll also get access to premium research reports and the IPO or earnings monitor.
Profit.ly plans and costs
If you’re eager to join the trading community on the internet and leave your mark on the industry, Profit.ly has the right amount of resources to help you started. The platform offers three membership levels, each designed for traders at different levels. Let’s take a look at what these three are and how much they’ll cost you.
Novice Plan
This package for novices is Profit.ly’s beginning-of-the-line plan specifically for those who are new to the trading community. When you sign up for this package you’ll be offered a range of strong and essential trading tools, each one of them essential in keeping your fingers on what call a competitive procedure in its own.
The list of features you can do using Profit.ly’s Novice package is the ability to confirm trades and track profits; leading, following and even texting other traders; and leaving feedback on today’s trades. It also allows you to be on leaderboards; analyze the results of your analysis, sort, and filter your trades; and, lastly, view other’s stats.
The Novice plan is $29.95 per monthly payment. While it may look attractive just by the price however, there’s a drawback. You aren’t able to create a personal account, making your activities publicly available. If you’re interested in have an account with this option, be watching for us to introduce to you Profit.ly’s new plan.
The Trader Plan
The Trader package allows you to take advantage of the majority of features available in the Novice plan. In this plan, that you can create a private profile to share with fellow associate users all the insights and knowledge you gain from the trading community.
Priced at $49.95/month, Profit.ly’s Trader plan is exactly what it says: Cater people who want to develop 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 other traders’ statistics, which might be a drawback for some who may be eager to try this new tier. Tim Sykes Top Penny Stocks
Pro Plan
The Professional plan can be described as the most luxurious package Profit.ly could offer for seasoned traders. At $74.95 monthly, with 22% off for annual billing This plan offers it all. You get full, no-holds-barred access to all the options of the previous plans.
In addition, you’ll be able to view other people’s stats, but you’re also given the option of creating your own private profile. Both of these options, plus the other advantages you’ll be able to use to their fullest capacity. If you’re in search of an option that gives you everything you need as trader with experience, the Pro tier could be the right choice for you!
Profit.ly’s Other Services
Apart from the provided trainer tools and leadersboards Profit.ly has a few additional services that it can provide. One of these is its online store, where customers can select from a variety 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 can be bought immediately for your personal use. These include best-selling products such as”Trading Tickers,” the “Trading Tickers” series from trading expert Tim Grittani, Timothy Sykes’s collection of DVDs and streaming-only content on short stocking, penny stocking, and other aspects of trading. There are also clips and clips taken from events like the Annual Pennystocking Conference, and products from other expert traders.
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The integrated chat rooms are as well part of Profit.ly’s variety of features and services. You’re probably familiar with chat rooms since you will see it on messaging and social platforms, and also on a few specialty websites that offer live chat support. However, in Profit.ly it’s seen as a hands-on space where experts and their members trade and share knowledge in real-time. Every guru has their own style when it comes to running their chat room and dealing with the listed members there. Some may be more laid back and rarely active, while another might be more active and in touch with their students. Think of chatrooms as Profit.ly’s version of a forum, in the essence.
Who is the Ideal Trader for Profit.ly?
Profit.ly’s variety of offerings and features caters to an array of stock traders, from novices to the most experienced. With the variety of deals it offers, the platform surely has something for every person.
Beginners, for instance, will enjoy Profit.ly’s collection of educational materials available across the platform. Not only will they be enriched with weekly videos and chat room advice by its internal gurus as well as their members. They’ll also be able to pick from the merchandise available in its online store that they can take with them wherever they go. Additionally, they can gain practical experiences from trading within the platform, however they’ll be able to realize that the process is a risky game that should not be viewed as a joke.
For those traders who have had decades of experience in the road, we consider Profit.ly as equally as suitable for them as it is for people who are just beginning. While novice traders may not be as well-equipped with dealing with trading issues but the experts already know how it works along with the risky mix that it carries. It is ideal to make use of Profit.ly’s array of features to their best advantage to enhance their skills in trading. Like novices, they can learn from the experts and experts , and use those simple tips and hints to help them along.
Profit.ly’s ‘all-together’ nature does not only apply to beginners and semi-experienced 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 Profit.ly’s capabilities. Profit.ly’s abilities to show off their skills to others as a way to guide them through the ever-illustrious trading process. Tim Sykes Top Penny Stocks
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 provided with excellent lessons and advice from the company’s inside experts, as well as libraries of educational videos and live trading activity.
- You’re guaranteed transparency throughout Profit.ly by using accurate data as well as fellow traders who are ready to reach you out if something occurs.
- The platform’s leaderboard feature gives you a way to build your reputation as a reliable and dependable trader
- Apart from its main capabilities, Profit.ly also gives its customers additional options to meet their individual preferences, for instance, posting unauthentic trades via photographs
- Profit.ly’s wide array of subscription levels and guru packages are priced at reasonable prices There’s something for everyone
The Cons
- Profit.ly’s bountiful stream of packages and services offered could seem overwhelming for a lot of its customers
- As traders may opt to open any kind of trade, there’s the possibility that some of them may take advantage by picking the most profitable trades to boost their rating – this may be a problem that shouldn’t be 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 provide
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The Final Concluding Question: Is Profit.ly worth it?
If we could think of the answer, it would be an affirmative “yes”. But you need to understand that it shouldn’t be treated as a quick-fix scheme to make money. The platform was not always intended to be created to achieve this goal. Instead, it is best to keep an open mind. Tim Sykes Top Penny Stocks
What we mean”yes” is that it can be a great learning tool. People who are stuck could discover Profit.ly’s array of resources helpful as they do their best to reduce losses and be more successful than they did before. It’s not just the struggling traders that will profit from the platform. It can accommodate beginners and even experts!
If you really care about being more successful in trading and would like to be taught by your peers and experts along the way, then you should look no further than Profit.ly. Profit.ly is a fantastic option to begin.
FAQ Tim Sykes Top Penny Stocks
How do you use Profit.ly to publish your trades?
Profit.ly offers the option of allowing trade entries in the My Trade category on the dashboard that lets you post your trades that are verified or otherwise. There are three choices:
- Connecting your account to your brokerage of choice and then importing trades directly from there
- Manually inputting your trades with the spaces provided and details
- Send a screen shot of your trades
How can I tell whether the trade is authentic or not?
If you buy your trade from a reputable brokerage, there is the probability that it’s verifiable. This is shown by the small blue check. If you post it manually or through pictures, it will be assigned as unverified.
The downside of having an unauthenticated trade is the possibility of receiving negative feedback from fellow peers. A large number of downvotes could cause you to be listed at the top of the Madoff leaderboard, where people can see who’s dishonest in posting trades.
Does the Profit.ly mobile application still available?
As of the moment, 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 currently connected to Profit.ly?
Profit.ly currently houses over 150,000 investors and traders, because they are not just looking to earn maximum profits but also assist each other to learn and improve in acquiring stock market opportunities both right and left.
