Stock trading is an exciting game with high stakes. Some days, you might enjoy the benefits of positive and satisfactory numbers. On other days, however it could be the reverse and it can be extremely difficult to return to the point you were at your peak. If you’re immersed in the water it is important to realize that relying on instinct and survival is not always enough.
If you’ve been incurring losses from time to time and you’re likely to require reliable advice from tested and tried trading experts. Also, you’ll need an important boost from colleagues in the market from all over the globe, which is why we’ve found a platform that can support you in your growth within the field. This review will take an in-depth look at Profit.ly is a well-known 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.
Total Rating: 4.1/5 Tim Sykes Vs Anton Kreil
User Experience: 4.5/5
Profit.ly can be described as an online platform for trading that allows traders of various levels to be informative responsible, transparent, and to build relationships with each other by offering a wide array of tools and features including trade verification, chat rooms, and an enriched library of educational content.
How do I define Profit.ly?
Profit.ly is a site for trading that serves both as a learning and education platform for traders new to trading and also as a platform for traders who are experienced to monitor their performance with the help of sophisticated analytics tools. It provides users with a vast range of resources to facilitate trade and communication that help traders from all walks of life network with one another. It gives the gurus worthwhile investments within the confines that the site. Consider it a social media site akin like Facebook and Reddit but with a focus on traders and experts.
Profit.ly independently checks the performance of trades and posts all the data from them in the style of leaderboards. The platform for trading is built on trust and transparency. it makes sure that trades are authentic and won’t accept fake news as long as is humanly possible. It was founded in the past by penny expert in stock trading and investment expert Timothy Sykes, along with the other expert Michael Mosseri.
In an appearance in Forbes magazine, Sykes declared that Profit.ly was motivated by its focus “on the transparency of the entire spectrum of trades, something which was never prior to.” This idea was, he said, serving two purposes: 1) keeping track of public data for all traders, not just the gurus as well as students and newsletter writers as well as) making it possible for all users to gain insight into the losses and wins to benefit the industry of trading. Tim Sykes Vs Anton Kreil
How Does It Work?
Profit.ly follows a subscription-based model which allows stock traders to have access to a range of features and services aimed at achieving the success of their business. You can create an account on the site for free, but you’re only limited to having the ability to navigate through the leaderboard and follow the actions 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 offerings, which we will go over shortly.
Making an account simple: Create a profile with your experiences and skills, join to your brokerage account, and you’ll have a chance to shoot your way up to the top of the leaderboard. Profit.ly’s leaderboard feature, as we’ve mentioned earlier, is designed to give its users a look at their performance as a trading group and its experts. It’s not only a chance to show that you’re worthy to the 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 are unsure about the concept of leaking your brokerage account, then you could opt to post your trades, either verified or not, by taking screenshots. Also included in Profit.ly is the huge selection of trading courses, the ability to view the stats of a trader’s account and other methods to connect with your gurus in the chatroom, along with notifications via email or text as well as updates.
Meet the Founder: Tim Sykes
Timothy Sykes is a well-renowned day trading personality who is well-known for delving his hands into trades in penny stocks. According to Investopedia Penny stock refers to a small-sized company’s stock that trades for just less than 5 cents per share. Penny stock trading could be viewed as a stepping stone for small businesses to transition into a larger market because it allows them to access funds from the general public. But don’t be mistaken – it can also be an extremely risky activity, as Sykes is sure to reveal through his many years of expertise.
Beginning in his late years in high school, Tim Sykes has, since then, made an estimated $6 million profit through his lengthy career as trading professional. At the age of 25 Sykes was given more exposure and a wider influence over time as a participant in the reality series “Wall Street Warriors.” He then made use of the show to create trading rooms and penny stock themes and educational material aimed at those who are just beginning to learn about the trading field. He also helped to establish Profit.ly as a place for 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 sweet inclusions is the wide range of education sources, trade alerts as well as other useful information provided by the platform’s in-house gurus. The gurus in question refer to experts in the field of trading who have made significant amounts of profit through their years of experience. Tim Sykes Vs Anton Kreil
At its peak, Profit.ly had housed up to five gurus. Each of them a pro within their particular field in the field of trading. Some of the most famous experts were 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 packaged offers each guru has to offer.
From Tim Sykes Tim Sykes
Sykes provides a basic stock trading service which focuses on penny stock day trading through Tim’s Alerts. Costing $74.95 monthly, you’ll be able to observe him focus on basic stock catalysts and employ them to anticipate the next possible moves in making trades.
A standalone purchase from Tim’s Alerts will get you access to the chatroom, as well as the mobile app available on iOS as well as Android devices; email, text, 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 that has been upgraded of the Tim’s Alerts program. Priced at $149.95 for a month it is an ideal plan for those who are committed to penny stock trading. Pennystocking Silver offers all the essential features found in the previous plan, which includes alerts for swing trading and access to a library of more than 7,000 instructional videos, with new ones released each week.
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 massive stocks of the small-cap size and insanely accurate marketing forecasts. Since the time he started trading, Superman has amassed over $5.5 million in trading profits. Tim Sykes Vs Anton Kreil
The Superman Alerts plan is an offer of the most essential features and alerts on trading geared toward those who may be interested. For $147 per month, you’ll gain access daily stock watchlist that is premarket along with the mobile application, daily market commentary shown in real time, and email and SMS alerts.
In “Superman” Paul Scolardi: Superman Pro
For the price of $247, you receive additional features, plus access to the extensive knowledge base that is provided by Superman himself, via his Superman Pro package. In addition to the basic features included 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 gain an access to high-quality research papers as well as an 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 tools to get you going. Profit.ly offers three membership levels that are designed to accommodate traders at different levels. Let’s take a look at what these three are and how much they will cost you.
The package called Novice is Profit.ly’s basic plan that is designed specifically for those who are new to the world of trading. As you sign up for this plan you’ll be provided with a variety of powerful and vital trading tools, all of which is essential to keep your hands on what we can describe as a cutthroat process by itself.
Among the list of things you can do using Profit.ly’s Novice package is the ability to confirm the results of your trades and track profit as well as leading, following and even texting your fellow traders, as well as providing feedback on trades today. It also allows you to be onto leaderboards; study the results of your analysis, sort, as well as filter trades; and, finally, see other people’s statistics.
The Novice plan is $29.95 per monthly payment. Although it might look appealing simply because of the price, there is a downside. You can’t create a private account, making your activities publicly available. If you’re looking to have access to this feature, you should 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 many of the features of The Novice package. 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 this trading group.
Priced at $49.95/month, Profit.ly’s Trader plan will do what the name implies caters people who want to develop their skills in trading. While it’s nice but there’s one important element that’s missing. Unlike the previous Novice package, this one won’t be able view other traders’ statistics that could be a disadvantage for those looking forward to this tier. Tim Sykes Vs Anton Kreil
This is by far the highest luxurious package Profit.ly can offer to experienced traders. It costs $74.95 each month and a 22% discount for billing annually the Pro plan has everything. You get full, no-holds-barred access to all features of the previous plans.
In addition, you’ll be able to view other people’s stats as well, you’re also offered the chance to create your own private profile. Both of these options, plus the other benefits that you can use to the fullest potential. If you’re looking for an option that gives you everything you need as a skilled trader, maybe the Pro plan is ideal for you!
Profit.ly’s Other Services
Apart from the provided training tools and the Leaderboards Profit.ly provides a variety of additional services that it can provide. One of these is its online store, which allows users to select from a variety of videos created to provide guidance on the nuances and pitfalls of trading. The products listed in this section of the site can be immediately purchased for personal use. These include best-selling products such as the “Trading Tickers” series from trading expert Tim Grittani, Timothy Sykes’s collection of DVDs and streaming-only content on penny stocking, short stocking, and other related to trading, videos and footage of The Annual Pennystocking Conference, and products from other expert traders.
The integrated chat rooms are as well part of Profit.ly’s variety of services and features. You may be familiar with the concept of chat rooms since you will see it on social and messaging platforms as well as some specialty websites that offer live chat assistance. But in Profit.ly it’s seen as a real-time area where experts and members trade and exchange knowledge in real-time. Every guru has their own way when it comes to running their chat room and in dealing with the members there. One of them may be laid back and less active, while another might be more active and in touch to their pupils. Think of the chatrooms as Profit.ly’s version of the forum in the essence.
Who is the ideal Trader for Profit.ly?
Profit.ly’s variety of offerings and features are geared towards a large variety of stock traders, ranging from beginners to experienced pros. Considering the number of offers it can provide, the platform surely has something for all.
For instance, newbies will appreciate 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 choose from the items on its store online for them to take wherever they may travel. Additionally, they can gain practical experiences from trading within the platform, but eventually they’ll realize that the process is a high-stakes game that should not be viewed as an amusing pastime.
For traders who have years of exposure down the line, we see Profit.ly as equally as suitable to the newcomers. While novice traders may not be as adept at dealing with trading issues, the pros already understand how it works and the stack full of risks that it carries. In the ideal scenario, they can make use of Profit.ly’s variety of options to their maximum advantage to improve their trading abilities. Like novices, they can learn from the experts as well as experts, and take advantage of short tips and tricks to help them along.
Profit.ly’s ‘all-together’ nature isn’t limited to novices and semi-experienced traders. Certified experts can also take part in the excitement! Trade professionals who are at an equal level with Superman and Tim Sykes can also use the power of Profit.ly’s abilities to show off their expertise to other traders as a way to guide them through the ever-illustrious trading process. Tim Sykes Vs Anton Kreil
Profit.ly’s Pros and Pros and
- Profit.ly’s many capabilities as a “one-stop” stock trading platform allows traders from all over the world with an abundance of knowledge tools, communication, and trading tools
- You’ll be taught by experts and advice from the company’s inside experts, as well as collections of educational videos as well as live trading activity.
- You’re assured of transparency throughout Profit.ly with accurate analytics as well as other traders that are waiting to reach you when something goes wrong.
- The platform’s leaderboard feature gives you a way to build your credibility as a trustworthy and verifiable trader
- Apart from its main abilities, Profit.ly also gives its users extra options to suit their preferences, such as posting unverifiable trades through photographs
- Profit.ly’s variety of subscription plans and guru packages are priced at affordable rates There is truly something for all
- Profit.ly’s numerous packages and products offered may be too much for a lot of its users
- If traders decide to open any kind of trade, there’s an opportunity that some them could profit from cherry-picking the best trades to increase the rating This could be a problem that shouldn’t be ignored.
- Profit.ly does not offer refunds, as its premium users will immediately benefit from the number of features the platform is able to provide
The Final Verdict: Is Profit.ly Valued?
If we could think of an answer to this question, it’s an affirmative “yes”. But you need to understand that this platform shouldn’t be viewed as a get-rich-quick scheme. The platform was not always meant to be designed for this reason. Instead, you need to have the ability to think with an open heart. Tim Sykes Vs Anton Kreil
What we mean”yes” is that it could be a useful learning tool. Those who may be stuck might discover Profit.ly’s variety of resources helpful when they try their best to reduce losses and be more successful than they did before. It’s not only the poor traders that can benefit from this platform. It can accommodate beginners and even experts!
So, if you genuinely desire to be better at trading and wish to learn from your mentors and peers on the way, take a look at Profit.ly. Profit.ly may be a great choice to start.
FAQ Tim Sykes Vs Anton Kreil
What are the best ways to use Profit.ly to publish your trades?
Profit.ly offers a trade entry portion under the My Trade category on the dashboard which lets you record your trades that are verified or not. There are three options:
- Linking your account with your broker of choice and import the trades from that directly
- Manually inputting your trades with provided spaces and specifics
- Send a screen shot of your trades
How do I know whether the trade can be verified or not?
If you import your trade from a reputable brokerage, there is the likelihood that it can be verified. This is evident by the blue check mark. If you post it manually or through pictures, it will be assigned as unverified.
The downside of having an unverified trade is the chance of receiving negative feedback from fellow peers. If you receive too many negative votes, it could cause you to show up on the Madoff leaderboard, where people can see who’s untruthful in submitting trades.
Are the Profit.ly mobile app still in use?
As of this writing, Profit.ly is still available for download on the Apple App Store and the Google Play store. The mobile app version is compatible with the majority of operating tablets and smartphones.
How many are using Profit.ly?
Profit.ly currently houses over 150,000 investors and traders, because they are not just seeking to make the most profit but also to help one another develop and grow in their ability to take advantage of opportunities in the stock market left and right.