Stock trading is a high-stakes game. On some days, you could have the benefit of pleasing and positive numbers. However, on other days, the opposite may happen, and it may sometimes be very difficult to return to where you were at your best. If you are immersed in the water You will need to realize that relying on instinct and survival might not be enough.
If you’ve suffered occasional losses and you’re likely to require reliable advice from tested and tried trading experts. Additionally, you’ll require an important boost from colleagues in the market from all over the globe. That’s why we’ve found an option that can help you in your improvement within the field. This review will take the time to look at Profit.ly, a well-recognized 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. 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 Trading Platform
Value: 4.1/5
Quality: 4.1/5
Costs: 4.1/5
The User’s Experience 4.5/5
Summary
Profit.ly is an online trading platform that enables traders of all levels to be knowledgeable, transparent, accountable, and to build relationships with each other through its broad range of features and tools such as trade verification, chat rooms and a rich library of educational content.
What exactly is Profit.ly?
Profit.ly is a trading site that serves both as a training and learning platform for traders new to trading and as a hub for traders who are experienced to monitor their performance through the use of advanced analytics tools. Providing users with a wide variety of tools to facilitate trade and communication, it helps traders from all walks of life network with one another. It also allows gurus to make worthwhile investments within the confines of the platform. Think of it as the social media equivalent to Facebook and Reddit but with a focus on experts and traders.
Profit.ly independently checks the performance of trades and posts all the data from them in the form of leaderboards. The platform’s trading model is based on honesty and transparency: it guarantees that the trades are valid and won’t tolerate inauthenticity as much as is humanly 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 publication, Sykes declared that Profit.ly was driven by its focus “on showing every trade, something that has never been prior to.” The idea Sykes said served two purposes: 1) keeping track of public data for not just the gurus as well as students and newsletter writers and secondly) making it possible for anyone on the platform to learn from both losses and wins for the trading industry’s benefit. Tim Sykes Trading Platform
How Does It Perform?
Profit.ly is a subscription-based platform which allows stock traders to gain access to a multitude of tools and services that are geared at achieving achievement. It is possible to create an account for free, but you’re only limited to having the ability to navigate through the leaderboards and monitor the actions of non-gurus. If you’re ready to invest your money and see what stocks the experts are trading in real time, you will need to join one of Profit.ly’s deals that we’ll go over shortly.
Making an account easy: create an account that includes your personal information and knowledge, then connect to your brokerage account, and you’ll have an opportunity to make your way up to high on the leaderboard. Profit.ly’s leaders’ board feature as we’ve mentioned earlier it is designed to provide its users a glimpse of the performance of the trading community as well as its experts. It’s not just a way to show that you’re worthy to the community of traders, but you can also utilize Profit.ly to shop from a guru with the assurance that you’re comfortable with their expertise and the credibility of their assertions.
If you feel uneasy with the idea of sharing your brokerage account, you can decide to share your trades, either verified or otherwise, through photographs. Included in Profit.ly is the huge selection of trading classes and the capability to see the stats of a trader’s account, and more ways to interact with your experts in the chatroom, as well as text and e-mail alerts and updates.
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Meet the Founder: Tim Sykes
Timothy Sykes is a well-renowned day trading personality who has been famously known for delving his hands into trades in penny stocks. According to Investopedia, a penny stock is a small business’s shares that trade for just less than 5 cents per share. Penny stock trading is a stepping stone for small-scale businesses to make the transition to a market that is larger as it gives them access to money from the public. But don’t make the mistake of thinking that it can also be a high-risk game, which Sykes will be able to tell you because of his decades of expertise.
From his beginnings in the latter years of High School, Tim Sykes has, since then, earned over $6 million of profits throughout his illustrious career as trader. At the age of 25, he had been given more exposure and a wider impact when he was a part of the reality show “Wall Street Warriors.” He used the opportunity to develop trading rooms, penny stock themes, and educational content geared toward people who are brand new to trading. He also helped to establish Profit.ly as a place of transparency and to allow the community to rise 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 resources, 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 made substantial amounts of money from their collective years of expertise. Tim Sykes Trading Platform
At its peak, Profit.ly had housed up to five gurus, each of them a professional within their particular field 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, only two gurus remain on this platform: Founder and 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 packages each guru offers.
From Tim Sykes Tim Sykes: Tim’s Alerts
Sykes provides a basic stock trading service that focuses on penny-stock day trading via Tim’s Alerts. At $74.95 monthly, you’ll observe him focus on fundamental catalysts for stocks and utilize them to predict the next moves that could occur when making trades.
A standalone purchase from Tim’s Alerts will get you access to the chatroom as well as the mobile app that’s available on iOS and Android devices, text, e-mail and push alerts and a daily stock watchlist.
From Tim Sykes: The Pennystocking Silver Package
Pennystocking Silver is the most premium version that has been upgraded of the Tim’s Alerts package. Priced at $149.95 per month, this is an ideal plan for those who are invested in penny stock trading. Pennystocking Silver comes with all the standard features of the previous plan, including swing trading alerts and unlimited access to an extensive collection of more than 7,000 educational videos and new videos released each week.
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From “Superman” Paul Scolardi: Superman Alerts
Scolardi who goes 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 he began as a trader, Superman has amassed over $5.5 million in all-time trading profits. Tim Sykes Trading Platform
The Superman Alerts plan is an offering of essential features and trading alerts geared to those interested. For just $147 per month, you’ll have access to the daily stock watchlist that is premarket and the mobile app, daily market commentary in real time, and SMS and e-mail alerts.
In “Superman” Paul Scolardi: Superman Pro
For the price of $247, you receive additional features, as well as access to an extensive base of knowledge provided by Superman himself, via Superman Pro. Superman Pro package. On top of the essentials featured in the Alerts package, Superman Pro gives you daily video lessons, which include a growing library of all other previous ones. Additionally, you’ll also get an access to high-quality research papers as well as an 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 tools to get you up and running. Profit.ly 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 beginning-of-the-line plan specifically for people who are brand new to the trading world. As you sign up for this package, you will be immediately given a slew of robust and vital trading tools, all one of them essential in keeping your hands on what we could call a ruthless procedure in its own.
Among the list of things you can accomplish with Profit.ly’s Novice package is the capability to check the results of your trades and track profit as well as leading, following, and even messaging your fellow traders, as well as giving feedback on the trades of today. You’re also allowed to get onto leaderboards; study your trades, sort as well as filter trades; and, finally, see other people’s statistics.
The Novice plan costs $29.95 per month. Although it might look appealing just by the price, there is a downside. You can’t create a private profile, thus making your actions public. If you do want to get access to this feature, you should be watching for us to introduce to you Profit.ly’s next strategy.
Trader Plan
The Trader package lets you to take advantage of many of the features of the novice plan. It is in this plan that you are able to create an account that is private to share with fellow associate users all your knowledge and knowledge you gain from the trading community.
Costing $49.95/month, Profit.ly’s Trader plan does what the name suggests caters to those who desire to improve their trading skills. While it’s nice, there is one significant aspect that’s not included. Unlike the previous Novice package, you will not be able to see the statistics of other traders this might be a drawback for those eager to try this new tier. Tim Sykes Trading Platform
Pro Plan
This is by far the highest premium package that Profit.ly can offer to experienced traders. At $74.95 each month and 22% off for annual billing This plan offers everything. You get full, no-holds-barred access to all options of the previous plans combined.
In addition, you’ll be able to look at other people’s statistics as well, you’re also offered the option of creating your own private profile. Both of these features, plus the other advantages that you can utilize to their fullest capacity. If you’re looking for an option that gives you everything you need as trader with experience, the Pro plan is the right choice for you!
Profit.ly’s Other Services
Apart from the training tools and the leadersboards Profit.ly provides a variety of other services they provide. One of them is the online store, where customers can select from a variety of videos that are designed to educate and provide guidance on the ins and outs of trading. Each of the offerings listed on this page of the website is available to be immediately purchased for personal use. Among these products include best-sellers such as”Trading Tickers,” the “Trading Tickers” series from trading professional Tim Grittani, Timothy Sykes’s collection of DVDs and streaming-only content on penny stocking, short stocking, and all other things trading-related, clips and scenes of the Annual Pennystocking Conference, and products from other expert traders.
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Chat rooms integrated into Profit.ly are also part of Profit.ly’s array of features and services. You may be familiar with the chat room since you will see it on social and messaging platforms, and also on a few specialty websites that provide live chat assistance. But in Profit.ly, it is seen as a hands-on space where experts and their member traders can communicate and share knowledge in real-time. Every guru has their own way in running their chat rooms and in dealing with the members there. Some may be more laid back and less active, while another might be more active and in touch to their pupils. Think of chat rooms like Profit.ly’s version of the forum in its essence.
Who is the Ideal Trader for Profit.ly?
Profit.ly’s diverse range of products and features caters to an array of stock traders, from novices to the most experienced. Given the wide range of options it can provide it is certain to have something for all.
Newbies, for instance, will enjoy Profit.ly’s library of learning materials available across the platform. Not only will they be enriched with weekly videos and chat room tips by its internal gurus as well as their members. Additionally, they can pick from the merchandise available in its online store to carry with them wherever they may go. You can also get hands-on experiences by trading through the platform, but eventually they’ll be able to realize that the process is a high stakes game that should not be viewed as an opportunity to make fun of.
For the traders with many years of experience down the line, we believe Profit.ly equally suited for them as it is for those who are just starting. While the newbies may not be as adept at managing trading but the experts already know how it works and the risky mix that it carries. It is ideal to use Profit.ly’s variety of options to their maximum advantage to improve their trading skills. Like beginners, they can learn from the experts and experts and utilize those short tips and tricks to help them along.
Profit.ly’s “all-in” approach isn’t limited to novices or semi-experienced trader. Experts who have been verified can also participate in the enjoyment! People in the trade industry who are on an equal level with Superman as well as 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 Trading Platform
Profit.ly’s Pros and Pros and
The Pros
- Profit.ly’s many capabilities as a ‘one-stop’ platform for trading stocks allows traders across the globe with tons of learning tools, communication, and trading tools
- You will be provided with excellent lessons and insights from its inside experts, as well as libraries of educational videos and trading in real-time.
- You’re assured of transparency throughout Profit.ly by using accurate data as well as fellow traders that are waiting to reach you out if something occurs.
- The platform’s leaderboard feature gives you the chance to establish 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 unverifiable trades through screenshots
- Profit.ly’s variety of subscription plans and guru packages are priced at a reasonable cost There is truly something for every person
The Cons
- Profit.ly’s bountiful stream of packages and products offered may not be enough for the majority of its customers
- Since traders can choose to make any type of trade, there’s an opportunity that some them could profit from cherry-picking the best trades to boost their rating This could be a problem that shouldn’t be simply overlooked
- Profit.ly will not allow refunds as the premium customers are expected to immediately benefit from the number of services the platform has to provide
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The Final Verdict: Is Profit.ly worth it?
If we could think of an appropriate answer for this query, it’s a ‘yes’. But it is important to realize that it shouldn’t be treated as a get-rich-quick scheme. It wasn’t intended to be created for this reason. Instead, it is best to keep the ability to think with an open heart. Tim Sykes Trading Platform
What we mean by ‘yes’ is that it can be a great learning tool. For those who are struggling, they may discover Profit.ly’s range of resources helpful in their efforts to reduce losses and be more successful than they did before. Not only struggling traders that will profit from the platform. It can accommodate beginners and even experts in the field!
So, if you genuinely desire to be more successful in trading and would like to learn from your fellows and gurus throughout the process, then look no further – Profit.ly is a fantastic option to begin.
FAQ Tim Sykes Trading Platform
How can you make use of Profit.ly to make your trades public?
Profit.ly offers an entry section for trades within the ‘My Trade section of the dashboard which allows you to post your trades, verifiable or not. You may choose between three options:
- Linking your account with your brokerage of choice and then importing transactions directly through there
- Manually entering your trades using specified spaces and information.
- Take a photo of your trades
What can I do to determine whether the trade is authentic or not?
If you buy your trade from a reputable brokerage, there’s an excellent chance that it is verifiable. This is evident by the small blue check. If you submit the information manually or via images, it will be assigned as unverified.
The downside of having an unauthentic trade is the risk of receiving negative feedback from colleagues. A large number of downvotes could cause you to be listed in the Madoff leaderboard, where people can see who’s untruthful in submitting trades.
Does the Profit.ly mobile app still available?
As of this writing, Profit.ly is still available to download from the Apple App Store as well as in the Google Play store. The mobile version of the app is compatible with the majority of functioning tablets and smartphones.
How many are using Profit.ly?
Profit.ly currently houses over 150,000 traders and investors, as they not only are seeking to make the most profit but also to help one another grow and learn more about acquiring stock market opportunities both right and left.
