The stock market can be an exciting game with high stakes. On some days, you might have the benefit of positive and satisfactory numbers. On other days, the opposite may happen and it could be extremely difficult to get back to where you were at your peak. If you are immersed in the water, you will have to realize that relying on your instincts and preserving might not be enough.
If you’ve suffered losses from time to time You’ll need solid advice from seasoned and tested trading experts. Also, you’ll need an important boost from fellow traders from around the globe. That’s why we’ve identified an option that can help you in your growth in the market. This review will be taking a look at Profit.ly A well-respected 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. Do check out our article below, however, because it has a comprehensive overview of Profit.ly.
Overall Rating: 4.1/5 Tim Sykes Unto Others
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 enables traders of different levels to be knowledgeable responsible, transparent, and uplifting with each other through its broad variety of tools and features such as trade verification, chat rooms, and an enriched library of educational material.
What exactly is Profit.ly?
Profit.ly is a site for trading which serves as a training and learning platform for traders who are just beginning their journey as well as a place for experienced traders to track their performance using the aid of advanced analytics tools. It provides users with a vast array of options for communication and trade and letting traders from all walks of life connect with one another. It offers gurus with worthy investments within the boundaries of the platform. Consider it the social media equivalent the likes of Facebook and Reddit, but for professionals and traders.
Profit.ly independently validates trade performance and posts all the data from them in the style of leaderboards. The trading platform is built on honesty and transparency: it guarantees that the transactions are legitimate and will not tolerate inauthenticity as much as is humanly possible. It was founded many years ago by penny expert in stock trading and investment guru Timothy Sykes, along with fellow expert Michael Mosseri.
One time , during an appearance in Forbes publication, Sykes declared that Profit.ly was motivated by its focus “on showing all trades, something that was never prior to.” This idea was, he said, serving two objectives: one) creating public track records for everyone, not just the experts, but also the newsletter writers and students as well as) allowing everyone on the platform to learn from both the wins and losses to benefit the industry of trading. Tim Sykes Unto Others
How Does It Perform?
Profit.ly follows a subscription-based model that lets stock traders gain access to a multitude of services and features geared toward achievement. You may set up an account at no cost, however you’re only limited to having access to the leaderboards and monitor the activities of people who aren’t gurus. If you’re looking to invest your money to see what stocks the experts are trading in real time it is necessary to subscribe to any of Profit.ly’s deals that we’ll discuss in the near future.
Making an account easy: create an account with your experience and skills, join your brokerage account, and you’ll be given a chance to shoot your way up to high on the leaderboard. Profit.ly’s Leaderboard function, which was previously mentioned was designed to offer its users a look at the performance of the trading community as well as its gurus. You’re not just allowed to demonstrate value to a large group of traders, but you can also utilize Profit.ly to purchase with a professional with the assurance that you’re confident of their knowledge and the legitimacy of their assertions.
If you are unsure about the idea of sharing information about your account with a brokerage, then you could choose to publish your trades, verified or not, via screenshots. In Profit.ly are the vast number of trading courses, the ability to view the stats of a trader’s account as well as other ways to connect with your gurus 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 is well-known for his efforts in penny stock trading. According to Investopedia the term “penny stock” is a small business’s shares that trade for under $5 for each share. The penny stock market is an opportunity for small businesses to transition into a larger market because they can access money from the public. But don’t be mistaken – it’s also an extremely risky activity, as Sykes will be able to tell you because of his decades of experience.
Since his initial beginnings at the end of his time in High School, Tim Sykes has, since then, earned more than $6 million in profits during his long and successful career as trading professional. At 25 years old, he had been given greater exposure and a larger reach of influence when he became part of the reality series “Wall Street Warriors.” He made use of the show to develop trading rooms, penny stock themes, and educational content geared toward those who are just beginning to learn about trading. He also helped to establish Profit.ly as a platform for transparency and to allow the community to rise and compete against each other on the platform.
The Profit.ly Gurus
One of Profit.ly’s most appealing features is the variety of education tools, trade alerts and other useful stuff offered by the in-house experts of the platform. These gurus refer to experts in the field of trading who have made significant amounts of profit from their combined years of experience. Tim Sykes Unto Others
At its height, Profit.ly had housed up to five gurus, all of them a professional in their field of expertise in the trading industry. Some of the most famous experts included Connor Bruggermann, Nathan Michaud of Investors Underground, and Triforce among others. As of this writing, only two gurus remain on this 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 Let’s look at the packaged offers each guru offers.
From Tim Sykes Tim Sykes: Tim’s Alerts
Sykes offers an essential stock trading service which focuses on penny-stock day trading via Tim’s Alerts. The cost is $74.95 per month, you will observe him focus on fundamental catalysts for stocks and utilize them to forecast the next move that is possible when making trades.
A single purchase 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.
from Tim Sykes: The Pennystocking Silver Package
Pennystocking Silver is the highest-quality version, with an upgraded version of Tim’s Alerts package. At $149.95 per month, this is an ideal plan for those who are invested in the penny-stock market. Pennystocking Silver comes with all the standard features found in the previous plan, including alerts for swing trading and access to an extensive library of over 7,000 educational videos, with new ones released each week.
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In “Superman” Paul Scolardi: Superman Alerts
Scolardi, who goes by the name “Superman,” is a professional in swing trading with an eye for both massive stocks of the small-cap size and insanely accurate marketing forecasts. Through the years since when he first started trading, Superman has amassed over $5.5 million in trading earnings. Tim Sykes Unto Others
The Superman Alerts plan is an offering of essential features and trading alerts geared to those interested. For $147 per month, you’ll gain access to the daily stock watchlist that is premarket as well as the mobile app, daily market commentary shown in real-time, and SMS and e-mail alerts.
The film “Superman” Paul Scolardi: Superman Pro
For $247 per month, you can enjoy additional features, plus access to an extensive base of knowledge provided by Superman himself through his Superman Pro package. On top of the essentials included in the Alerts package, Superman Pro gives you weekly video lessonsthat include a growing library of all the previous ones. In addition you’ll also gain the ability to access premium reports on research as well as the IPO as well as earnings tracking tool.
Profit.ly Plans and Costs
If you’re looking to join the trading community on the internet and leave your mark on the industry, Profit.ly has the right amount of resources to get you going. The platform has three membership levels, each designed for 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 entry-level plan designed especially for those who are just beginning their journey to the world of trading. Once you have signed to this plan you’ll be given a slew of robust and essential trading tools, each of which is essential to keep your fingers on what could call a ruthless process by itself.
Among the list of things you can do with Profit.ly’s Novice program is the capability to check the results of your trades and track profit and follow-up, leading, and even messaging other traders; and giving feedback on the trades of today. You can also get on leaderboards, analyze, sort, and filter your trades; and, finally, see other’s stats.
The Novice plan is $29.95 per month. While it may look attractive for the price alone but there’s a disadvantage. You can’t create a private account, making your personal information public. If you’re interested in have the benefit of this service, you should be watching for us to introduce to you Profit.ly’s next strategy.
The Trader Plan
The Trader plan allows users to benefit from a majority of features from the novice plan. This plan allows that you are able to create an individual profile that allows you to share with other associate users all the insights and intel in the trading community.
Priced at $49.95/month, Profit.ly’s Trader plan will do what the name implies: Cater for those looking to harness their expertise in trading. While it’s nice however, there’s a crucial aspect that’s not included. Unlike the previous Novice package, you won’t be able view other traders’ stats that could be a disadvantage for those looking forward to this tier. Tim Sykes Unto Others
Pro Plan
This is by far the most luxurious package Profit.ly offers to experienced traders. At $74.95 monthly, with 22% off for annual billing, this tier has it all. You will have full, unrestricted access to all features of the previous plans combined.
You’re not only able to look at other people’s statistics and data, but you also have the chance to create your own private profile. These two features are plus the other advantages that you can utilize to their fullest capacity. If you’re looking for a plan that can serve you with everything you require as an experienced trader, the Pro tier could be ideal for you!
Profit.ly’s Other Services
In addition to the trainer tools and Leaderboards Profit.ly has a few additional services that it can offer. One of those is its online store, which lets users choose from a wide array of instructional videos that are created to provide guidance on the nuances and pitfalls of trading. Each of the offerings listed on this page of the website can be bought immediately for your personal use. Among these products include best-sellers such as”Trading Tickers,” the “Trading Tickers” series by trading specialist Tim Grittani, Timothy Sykes’s library of DVDs and streaming-only content on penny stocking, short stocking, and other things trading-related, clips and scenes of events like the Annual Pennystocking Conference, and other products by expert traders.
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Chat rooms integrated into Profit.ly are also part of Profit.ly’s variety of services and features. You’re probably familiar with the concept of the chat room since you will see it on social and messaging platforms, and also on a few specialty websites that provide live chat support. But on Profit.ly it’s seen as a space where experts and their members can interact and share knowledge in real-time. Every guru has their own style in running their chat rooms and dealing with the listed members there. One might be more laid back and rarely engaged, while another could be more online and communicative with their students. Think of chat rooms like Profit.ly’s version of the forum in its essence.
Who is the best Trader for Profit.ly?
Profit.ly’s wide range of products and features cater to the wide range of stock traders, ranging from novices to the most experienced. Considering the number of offers it has to offer it is certain to have something for everyone.
For instance, newbies will enjoy Profit.ly’s collection of educational information available on the platform. They will also be enriched with weekly videos and chat room tips from its in-house gurus and their members. They’ll also be able to select from the products from its online store that they can take with them wherever they may be. They can also gain hands-on experiences by trading through the platform, but ultimately they’ll realize that the process is a risky game that shouldn’t be treated as an opportunity to make fun of.
For traders who have many years of experience down the road, we consider Profit.ly equally suited to them as people who are just beginning. Although the novices might not be as adept at managing trading but the experts already know how it works and the plethora of risks that it carries. Ideally, they may use Profit.ly’s variety of features to their best advantage to develop their trading skills. As beginners, they are able to learn from the experts and experts , and use those short tips and tricks along the way.
Profit.ly’s “all-in” approach does not only apply to beginners or semi-experienced trader. Certified experts can also take part in the fun! Trade professionals who are on the same level as Superman or Tim Sykes can also use up Profit.ly’s capabilities to showcase their expertise to other traders in order to guide them through the ever-illustrious trading process. Tim Sykes Unto Others
Profit.ly’s Pros and Pros and
The Pros
- Profit.ly’s numerous capabilities as a “one-stop’ platform for trading stocks allows traders from all over the world with an abundance of knowledge tools, communication, and trading tools
- You get to be taught by experts and insights from its internal experts, which include collections of educational videos as well as trading in real-time.
- You’re guaranteed transparency throughout Profit.ly by using accurate data as well as other traders who are ready to reach you when something goes wrong.
- The leaderboard feature of the platform offers you the opportunity to increase your credibility as a trustworthy and authentic trader
- In addition to its primary features, 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 diverse range of packages and subscription levels are priced at a reasonable cost There’s something for everyone
The Cons
- Profit.ly’s bountiful stream of packages and services offered could not be enough for the majority of its users
- As traders may opt to open any kind of trade, there is an opportunity that some them may take advantage by selecting the best trades in order to increase the rating this could be a risk that shouldn’t be simply overlooked
- Profit.ly does not accept refunds as its premium users are expected to instantly benefit from the many services that the platform can offer
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The Final Verdict: Is Profit.ly Valued?
If we could think of an appropriate answer for this query, it’s an affirmative “yes”. But you need to understand that this platform shouldn’t be viewed as a get-rich-quick scheme. It wasn’t intended to be created to achieve this goal. Instead, you need to have the ability to think with an open heart. Tim Sykes Unto Others
What we do mean”yes” is it could be a useful learning tool. Those who may be stuck may be able to find Profit.ly’s variety of resources useful as they do their best to avoid losses and perform better than before. It’s not just the struggling traders who will benefit 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 take a look at Profit.ly. Profit.ly is a fantastic option to begin.
FAQ Tim Sykes Unto Others
How do you use Profit.ly to make your trades public?
Profit.ly offers the option of allowing trade entries within the ‘My Trade section of the dashboard. It lets you record your trades, verifiable or not. You may choose between three choices:
- Linking your account to the brokerage of choice and importing transactions directly through there
- Manually entering your trades using specified spaces and information.
- Upload a screenshot of your transactions
What can I do to determine whether the trade can be verified or not?
If you buy your trade from a reputable brokerage, there’s a high likelihood that it can be verified. This is evident by the small blue check. If you post it in a manual way or by taking screenshots, it will automatically be assigned as unverified.
The disadvantage of an unauthenticated trade is the chance of receiving downvotes from friends and colleagues. A large number of downvotes could result in you appearing on the Madoff leaderboard, where people can see who’s fraudulent in posting trades.
Does the Profit.ly mobile app still available?
As of this writing, Profit.ly is still available for download on the App Store for Apple and in the Google Play store. The mobile version of the app works with all working smartphones and tablets.
How many are on Profit.ly?
Profit.ly is currently home to over 150,000 investors and traders since they’re not just trying to maximize profits but also assist each other to learn and improve in acquiring opportunities in the stock market all over the world.
