Stock trading is an extremely risky game. On certain days, you may be reaping the benefits of positive and satisfying numbers. On other days it could be the reverse and it could be very difficult to get back to where you were at your most productive. If you are immersed in the water it is important be aware that relying solely on your instincts and preserving might not be enough.
If you’ve suffered occasional losses, you’re gonna be needing reliable advice from tested and tried trading experts. You’re also gonna need an important boost from colleagues in the market from all over the world, which is why we’ve found an option that can help you in your growth in the industry. In this review, we’ll be taking the time to 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 Until I Die
Value: 4.1/5
Quality: 4.1/5
Costs: 4.1/5
The User’s Experience 4.5/5
Summary
Profit.ly offers an internet-based trading service that permits traders of all levels to be knowledgeable responsible, transparent, and uplifting with each other through its broad range of features and tools such as chat rooms, trade verification and a rich library of educational content.
How do I define Profit.ly?
Profit.ly is a trading site which serves as a training and learning platform for traders who are starting out as well as a place for traders who are experienced to monitor their performance through the use of sophisticated analytics tools. Offering users a broad range of resources to facilitate trade and communication and letting traders from every field of business connect with one another. It offers gurus with an opportunity to invest in the right areas of this platform. Consider it the social media equivalent like 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 guarantees that the trades are authentic and won’t tolerate inauthenticity as much as possible. It was created years ago by the penny stock trade expert and investment guru Timothy Sykes, along with fellow expert Michael Mosseri.
One time , during an appearance in Forbes magazine Sykes stated that Profit.ly was based “on showing the entire spectrum of trades, something which has never been prior to.” The concept, he added, served two goals: 1.) keeping track of public data for all traders, not just the gurus, but also the newsletter writers and students and secondly) allowing anyone on the platform to learn from both the wins and losses to benefit the industry of trading. Tim Sykes Until I Die
How Does It Perform?
Profit.ly is a subscription-based platform that lets stock traders have access to a range of services and features geared toward the success of their business. You may set up an account there at no cost, however you’re only given the ability to navigate through the leaderboard and observe the activities of people who aren’t gurus. If you’re looking to invest your money and see what stocks the experts are trading in real time, you will need to subscribe to any of Profit.ly’s offerings, which we will discuss in the near future.
Setting up an account is easy: create an account with your experience and knowledge, then connect your brokerage account, and you’ll have the chance to climb through the top of the leaderboard. Profit.ly’s leaderboard feature, as mentioned previously, is designed to give its users a look at how the community of traders performs as well as its experts. It’s not only a chance to show your worth to a community of traders, but you can also utilize Profit.ly to shop with a guru, and have the assurance that you’re confident with their expertise and the legitimacy of their claims.
If you feel uneasy with the idea of sharing the details of your broker account then you could opt to post your trades, verified or otherwise, through pictures. Also included in Profit.ly is the huge selection of trading classes, the ability to view the stats of a trader’s account, and more ways to interact with your experts via chatrooms in addition to text and e-mail alerts and updates.
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Meet the Founder: Tim Sykes
Timothy Sykes is a well-renowned day trader who has been famously known for his efforts in trades in penny stocks. According to Investopedia, a penny stock refers to a small-sized company’s shares that trade for less than $5 per share. The trading of penny stocks is an opportunity for small businesses to transition into a larger market because it gives them access to capital from the general public. However, don’t get it wrong – it can also be an extremely risky game, as Sykes is sure to reveal through his many years of expertise.
From his beginnings in his late years in high school, Tim Sykes has, since then, earned an estimated $6 million earnings throughout his illustrious career as a trader. At the age of 25 Sykes was given greater exposure and a larger influence over time when he was a part of the reality show “Wall Street Warriors.” Then, he made use of the show to create trading rooms, penny stock themes, and educational material aimed at those who are just beginning to learn about the trading field. He also played a role in establishing Profit.ly as a platform for openness, and for the community to lift each other up and compete against each other through the platform.
The Profit.ly Gurus
One of Profit.ly’s amazing features is the vast array of education resources, trade alerts, and other useful stuff offered by the company’s internal gurus. The gurus in question refer to the trading experts who have earned substantial profits from their collective years of experience. Tim Sykes Until I Die
At its height, Profit.ly had housed up to five gurus, all of them a pro in their field of expertise in the field of trading. Some of the prominent experts were 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 the platform: Founder and penny stock trader Tim Sykes and veteran smallcap swing trader Paul Scolardi, also known as Superman. With that taken into consideration Let’s look at the packages each guru offers.
From Tim Sykes Tim Sykes
Sykes provides basic stock trading services with the main priority being penny-stock day trading via Tim’s Alerts. Costing $74.95 per month, you will be able to see him concentrate on the basic stock catalysts and employ them to forecast the next moves that could occur when trading.
A single purchase from Tim’s Alerts will get you access to the chatroom and 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.
Tim Sykes: From Tim Sykes: The Pennystocking Silver Package
Pennystocking Silver is the most premium version that has been upgraded of the Tim’s Alerts program. Priced at $149.95 for a month it is a great option for investors who are committed to the penny-stock market. Pennystocking Silver comes with all the standard features that were included in the previous plan, such as swing trading alerts as well as unlimited access to a rich library of over 7,000 educational videos and new videos released weekly.
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The following video is from “Superman” Paul Scolardi: Superman Alerts
Scolardi, who goes by the name “Superman,” is a professional in swing trading with an eye for both tiny-cap massive stocks as well as wildly accurate marketing forecasts. Through the years since he began as a trader, Superman has amassed over $5.5 million in trading earnings. Tim Sykes Until I Die
The Superman Alerts package is his package of vital features and trading alerts targeted to those interested. For just $147 per month, you’ll have access daily stock watchlist that is premarket as well as the mobile app, the daily market commentary in real time, and E-mail and SMS alerts.
The film “Superman” Paul Scolardi: Superman Pro
For $247 per month, you can enjoy additional features and access to an extensive base of knowledge that is provided by Superman himself through his Superman Pro package. In addition to the basic features included in the Alerts plan, Superman Pro gives you daily video lessons, which include an ever-growing library 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 trading community on the internet and leave a mark in the market, Profit.ly has the right amount of resources to help you up and running. Profit.ly offers three membership tiers that are designed to accommodate traders of different levels. Let’s break down what these three levels are and what they’ll cost you.
Novice Plan
The Novice package is Profit.ly’s beginning-of-the-line plan specifically for people who are brand new to the world of trading. When you sign up for this plan, you will be immediately provided with a variety of powerful and essential trading tools, all one of them essential in keeping your hands on what we could call a ruthless process in and of itself.
Some of the features you can do with Profit.ly’s Novice package include the ability to confirm trades and track profits as well as leading, following, and even messaging your fellow traders; and leaving feedback on today’s trades. You’re also allowed to get on leaderboards; analyze, sort, as well as filter trades; and, lastly, view other’s stats.
The Novice plan costs $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, which makes your activities publicly available. If you do want to have access to this feature, keep an eye on us as we present to you Profit.ly’s new plan.
The Trader Plan
The Trader package allows you to use many of the features of the novice plan. This plan allows that you can set up an account that is private to share with fellow associate users all your knowledge and intel in the trading community.
Costing $49.95/month, Profit.ly’s Trader plan will do what the name implies catering people who want to improve their skills in trading. Although it’s a nice thing, there is one significant feature that is missing. In contrast to the Novice package, you will not be able to view other traders’ stats that might be a drawback for some who may be anticipating this level. Tim Sykes Until I Die
Pro Plan
The Pro plan is the most premium package that Profit.ly could offer for seasoned traders. At $74.95 per month, with 22% off for billing annually, this tier has everything. You get full, no-holds-barred access to all the features of the previous plans.
You’re not only able to view other people’s stats and data, but you also have the option of creating a private profile. Both of these options, in addition to the advantages that you can utilize to the maximum extent. If you’re in search of a plan that can serve you with everything you require as a skilled trader, maybe the Pro plan is the right choice for you!
Profit.ly’s Other Services
In addition to the training tools and the leaderboards, Profit.ly has a few additional services that it can provide. One of them is the online store, which allows users to pick from a range of instructional videos that are designed to inform and help you understand the ins and outs of trading. All of the products featured in this section of the website can be bought immediately for your personal use. These include best-selling products like”Trading Tickers, “Trading Tickers” series by trading professional Tim Grittani, Timothy Sykes’s library of DVDs and streaming-only content related to short stocking, penny stocking, as well as all things trading-related, clips and scenes from events like the Annual Pennystocking Conference, and products from other expert traders.
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The integrated chat rooms are also part of Profit.ly’s range of services and features. You are probably familiar with the concept of the chat room since you can see it across social and messaging platforms in addition to a few special websites that provide live chat support. But on Profit.ly it’s seen as a real-time area where experts and members can interact and exchange knowledge in real-time. Each guru has their style in running their chat rooms and in dealing with the members there. One might be laid back and not very often active, while another may be more interactive and online with their students. Think of chat rooms as Profit.ly’s version of the forum in essence.
Who is the Ideal Trader for Profit.ly?
Profit.ly’s diverse range of products and features are geared towards the wide range of stock traders, ranging from novices to the most experienced. Given the wide range of options it offers it is certain to have something for all.
Beginners, for instance, can take advantage of Profit.ly’s knowledge-based materials available across the platform. Not only will they get daily videos and chat room advice by its internal gurus and 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 be. They can also gain hands-on experiences from trading within the platform, however they’ll realize that trading is a high stakes game that shouldn’t be taken as a joke.
For traders who have years of exposure down the line, we see Profit.ly equally suited to them as people who are just beginning. While the newbies may not be as proficient in handling trading matters, the pros already understand how it works along with the risky mix that it carries. In the ideal scenario, they can utilize Profit.ly’s variety of options to their maximum advantage to enhance their trading skills. As beginners, they are able to study from the gurus as well as experts, and take advantage of short tips and tricks along the way.
Profit.ly’s ‘all-together’ nature doesn’t just apply to newbies and semi-experienced traders. Verified experts can also join in the fun! Trade professionals who are at similar levels to Superman and Tim Sykes can also use Profit.ly’s capabilities. Profit.ly’s abilities to show off their skill to others in order to guide them through the ever-illustrious trading process. Tim Sykes Until I Die
Profit.ly’s Pros and Pros and
The Pros
- Profit.ly’s diverse capabilities as a “one-stop” stock trading platform allows it to provide traders everywhere with a wealth of education communications, trading, and communication tools
- You’ll be provided with excellent lessons and advice from the company’s in-house gurus, including collections of educational videos as well as real-time trading activities
- You’re assured of transparency throughout Profit.ly with accurate analytics as well as fellow traders that are waiting to reach you out if something occurs.
- The platform’s leaderboard feature gives you a way to build your reputation as a reliable and authentic trader
- In addition to its primary features, Profit.ly also gives its users extra options to suit their individual preferences, for instance, posting unverifiable trades through images
- Profit.ly’s variety of subscription plans and guru packages are priced at reasonable prices There’s something for all
The Cons
- Profit.ly’s numerous packages and products offered may be too much for most of its users
- As traders may opt to post any kind of trade, there’s the possibility that some of them could profit from selecting the best trades in order to boost their rating this could be a risk that shouldn’t be ignored.
- Profit.ly does not accept refunds as the premium customers will immediately benefit from the many services that the platform can offer
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The Final Verdict The Final Verdict: Is Profit.ly worth it?
If we were able to come up with an answer to this question, it would be yes. But it is important to realize that this platform shouldn’t be viewed as a get-rich-quick scheme. The platform wasn’t originally meant to be designed for this reason. Instead, it is best to keep the ability to think with an open heart. Tim Sykes Until I Die
What we mean”yes” is that it can be a great learning tool. For those who are struggling, they might be able to find Profit.ly’s variety of resources helpful in their efforts to avoid losses and perform better than they did before. It’s not only the struggling traders that will benefit from this platform. It is able to accommodate novices and even experts!
If you really desire to be better at trading and wish to learn from your peers and experts along the way, then take a look at Profit.ly. Profit.ly is a fantastic option to begin.
FAQ Tim Sykes Until I Die
How can you make use of Profit.ly to publish your trades?
Profit.ly has a trade entry portion under the ‘My Trade section of the dashboard that lets you post your trades, verifiable or otherwise. There are three options:
- Linking your account with your brokerage of choice and then importing transactions directly through there
- Manually entering your trades using provided spaces and specifics
- Take a photo of your trades
How do I know whether the trade is authentic or not?
If you import your trade from a reputable brokerage, there’s the chance that it is verifiable. This is indicated with the blue check mark. If you upload the information manually or via pictures, it will be assigned as unverified.
The drawback of posting an unauthenticated trade is the possibility of receiving negative feedback from friends and colleagues. If you receive too many negative votes, it could cause you to show up on the Madoff leaderboard, where people can detect who’s being dishonest in posting trades.
Is the Profit.ly mobile app still in use?
At the time of writing, Profit.ly is still available to download via the App Store for Apple and in the Google Play store. The mobile version of the app is compatible with the majority of working smartphones and tablets.
How many are on Profit.ly?
Profit.ly currently houses more than 150,000 investors and traders since they’re not just seeking to make the most profit but also help each other learn and improve in acquiring opportunities on the stock market left and right.
