The stock market can be an exciting game with high stakes. On some days, you could enjoy the benefits of pleasing and positive numbers. On other days you may experience the opposite, and it may sometimes be very difficult to return to the point you were at your best. If you find yourself always in the mud it is important to realize that relying on instinct and survival may not always be enough.
If you’ve been incurring loss from time to time and you’re likely to require reliable advice from tested and tried trading experts. Additionally, you’ll require a significant boost from your colleagues in the market from all over the globe, which is why we’ve found an online platform that will help you to improve your performance within the field. We’ll take a look at Profit.ly, a well-recognized 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 Vs Ross Cameron
The User’s Experience 4.5/5
Profit.ly can be described as an online platform for trading that enables traders of different levels to be informative and accountable, as well as transparent and to build relationships with each other through its broad variety of tools and features such as trade verification, chat rooms and a rich library of educational content.
What exactly is Profit.ly?
Profit.ly is a site for trading that serves both as a learning and training platform for those who are starting out as well as a place for traders with experience to keep track of their performance with the help of cutting-edge analytics tools. Offering users a broad array of options for trade and communication and letting traders from all walks of life network with one another. It also allows gurus to make worthwhile investments within the confines of the platform. Imagine it as an online social media platform similar like Facebook and Reddit however it is geared towards experts and traders.
Profit.ly independently validates trade performance and then publishes the information from them in the style of leaderboards. The trading platform is built on trust and transparency. it ensures that the transactions are legitimate and will not tolerate inauthenticity as much as it is possible. It was created in the past by penny expert in stock trading and investment expert Timothy Sykes, along with fellow expert Michael Mosseri.
In an interview for Forbes magazine Sykes declared that Profit.ly was driven by its focus “on the transparency of every trade, something that has never been previously done.” The idea Sykes said served two goals: 1.) creating public track records for everyone, not just the experts as well as newsletter writers and students, and 2) giving all users to gain insight into both losses and wins to benefit the industry of trading. Tim Sykes Vs Ross Cameron
How Does It How Does It
Profit.ly follows a subscription-based model that lets stock traders gain access to a multitude of tools and services that are geared at achieving the success of their business. It is possible to create an account there at no cost, however you’re only limited to having access to the leaderboards and monitor the actions of non-gurus. If you’re interested in investing your money in order to find out what stocks the experts are trading in real time it is necessary to sign up to one of Profit.ly’s offers, which we will go over shortly.
Making an account easy: create an account with your experience and expertise, connect your brokerage account, and you have yourself an opportunity to make through at the very top of the list. Profit.ly’s leaderboard feature, as we’ve mentioned earlier was designed to offer its users a look at their performance as a trading group as well as its gurus. You’re not just allowed to demonstrate that you’re worthy to the group of traders, but you can also utilize Profit.ly to purchase with a guru, and have the assurance that you’re comfortable in their skills and the credibility of their claims.
If you’re not comfortable with the idea of sharing your brokerage account, you can decide to share your trades, verified or otherwise, through photographs. In Profit.ly are a variety of courses in trading as well as the ability to look at statistics on a person’s profile, and more ways to interact with your experts via chatrooms as well as text and e-mail alerts and updates.
Meet the Founder: Tim Sykes
Timothy Sykes is a well-renowned day trading guru who is well-known for his involvement in the penny-stock market. According to Investopedia the term “penny stock” refers to a small company’s shares that trade for just less than 5 cents per share. Penny stock trading is an opportunity for small-scale businesses to make the transition to a market that is larger as it allows them to access capital from the public. But don’t be mistaken – it can also be a high-risk game, which Sykes is sure to reveal because of his decades of experience.
Beginning in his late years in High School, Tim Sykes has, since then, made over $6 million of earnings through his lengthy career as a trader. At the age of 25, he had been given greater exposure and an even wider reach of influence when he was a part of the reality TV show “Wall Street Warriors.” Then, he made use of the show to establish trading rooms, penny stock themes, and educational material aimed at people who are brand new to trading. He also played a role in establishing Profit.ly as a place 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 amazing features is the wide range of education resources, trade alerts, and other helpful stuff provided by the company’s internal gurus. These gurus refer to experts in the field of trading who have proven to make substantial amounts of money from their combined years of expertise. Tim Sykes Vs Ross Cameron
At its peak, Profit.ly had housed up to five gurus, all of them a professional in their field of expertise in the field of trading. Some of the most famous gurus included Connor Bruggermann, Nathan Michaud of Investors Underground, and Triforce among others. At the time of writing, however, only two gurus remain on this platform: the founder and 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 what packaged deals each guru can offer.
From Tim Sykes: Tim’s Alerts
Sykes offers an essential stock trading service which focuses on penny stock day trading through 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 predict the next move that is possible when trading.
A standalone purchase of Tim’s Alerts will get you access to the chatroom, as well as the mobile app that’s available for iOS as well as Android devices, as well as email, text and push alerts; and a daily stock watchlist.
Tim Sykes: From Tim Sykes: The Pennystocking Silver Package
Pennystocking Silver is the highest-quality version that has been upgraded of the Tim’s Alerts package. It costs $149.95 per month, it is an ideal plan for those who are invested in penny stock trading. Pennystocking Silver comes with all the standard features found in earlier plans which includes swing trading alerts as well as unlimited access to a collection of more than 7,000 educational videos and new videos released every week.
The following video is from “Superman” Paul Scolardi: Superman Alerts
Scolardi, who goes by the name “Superman,” is a swing trading professional with an eye for tiny-cap massive stocks as well as wildly accurate marketing forecasts. Since he began as a trader, Superman has amassed over $5.5 million in trading earnings. Tim Sykes Vs Ross Cameron
The Superman Alerts package is his offering of essential features and alerts on trading geared toward those who may be interested. For $147/month, you’ll get access daily premarket stock watchlist and the mobile app, the daily market commentary in real-time, and email and SMS alerts.
From “Superman” Paul Scolardi: Superman Pro
For $247 per month, you can enjoy additional features, plus access to a knowledgeable base that is provided by Superman himself via the Superman Pro package. On top of the essentials that are included in the Alerts package, Superman Pro gives you daily video lessons, which include an ever-growing library of previous lessons. In addition you’ll also have an access to high-quality research papers and an IPO and earnings tracker.
Profit.ly Plans and Costs
If you’re looking to join the online trading community and leave a mark in the industry, Profit.ly has the right amount of tools to get you going. The platform has three membership tiers that are designed to accommodate traders with different levels. Let’s break down what these three tiers are and how much they’ll cost you.
The package called Novice is Profit.ly’s basic plan that is designed specifically for those who are just beginning their journey to the world of trading. As you sign up for this plan, you will be immediately offered a range of strong and indispensable trading tools, each one of them essential in keeping your fingers on what could call a ruthless procedure in its own.
Some of the features you can accomplish with Profit.ly’s Novice program is the ability to confirm trades and track profits; leading, following and even chatting with other traders; and providing feedback on trades today. It also allows you to be on leaderboards, analyze your trades, sort as well as filter trades and lastly, look at other people’s statistics.
The Novice plan costs $29.95 per month. Although it looks attractive just by the price but there’s a disadvantage. You aren’t able to create a personal profile, which makes your actions public. If you’re looking to gain an account with this option, keep an eye on us as we present to you Profit.ly’s next plan.
The Trader package allows users to benefit from a majority of features from The Novice package. It is in this plan that you can create a private profile to share with fellow associate users all the insights and knowledge you gain from trader’s community.
The price is $49.95/month, Profit.ly’s Trader plan does what the name suggests caters for those looking to develop their expertise in trading. While it’s nice but there’s one important aspect that’s not included. In contrast to the Novice package, this one won’t be able view the statistics of other traders this could be a problem for those who are looking forward to this tier. Tim Sykes Vs Ross Cameron
This is by far the highest premium package that Profit.ly offers to experienced traders. With $74.95 each month with 22% off for annual billing This plan offers it all. You get full, no-holds-barred access to all the features of the prior plans.
In addition, you’ll be able to look at other people’s statistics, but you’re also given the chance to create a private profile. Both of these options, on top of all the advantages you’ll be able to use to the maximum extent. If you’re in search of an option that gives you everything you need as a skilled trader, maybe the Pro level is ideal for you!
Profit.ly’s Other Services
In addition to the tools for training and Leaderboards Profit.ly has a few additional services that it can offer. One of these is its online store, which allows users to pick from a range of instructional videos that are that are designed to educate and provide guidance on the ins and outs of trading. All of the products featured in this section of the website can be immediately purchased for personal use. Among these products include best-sellers like”Trading Tickers,” the “Trading Tickers” series from trading specialist Tim Grittani, Timothy Sykes’s collection of DVDs, streaming-only content related to penny stocking, short stocking, and all other aspects of trading. There are also clips and scenes of the Annual Pennystocking Conference, and items from other experts in trading.
The integrated chat rooms are also part of Profit.ly’s variety of features and services. You may be familiar with the chat room since you can find it throughout messaging and social platforms, as well as some specialty websites that offer live chat assistance. But in Profit.ly the chat room is viewed as a space where experts and their members trade and learn in real time. Every guru has their own style in running their chat rooms and in dealing with the members there. One might be more laid back and less active, while another might be more online and communicative in their interactions with students. Consider chatrooms as Profit.ly’s version of the forum in essence.
Who is the Ideal Trader for Profit.ly?
Profit.ly’s variety of offerings and features cater to the wide range of stock traders, from beginners to experienced pros. Considering the number of offers it can provide, the platform surely has something for all.
Beginners, for instance, will enjoy Profit.ly’s library of learning information available on the platform. Not only will they be enriched with weekly videos and chat room advice from its in-house gurus and their members. Additionally, they can choose from the items from its online store 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 trading is a risky 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 see Profit.ly as equally as suitable for them as it is for the newcomers. While novice traders may not be as proficient in managing trading, the pros already understand how it works and the stack full of risks that it carries. It is ideal to use Profit.ly’s variety of options to their maximum advantage to improve their trading skills. Like novices, they can learn from the experts and experts , and use those quick tips and tidbits along the way.
Profit.ly’s “all-in” approach isn’t limited to novices or semi-experienced trader. Verified experts can also join in the excitement! Those in the trading industry who are on similar levels to Superman or 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 Ross Cameron
Profit.ly’s Pros and Cons
- Profit.ly’s diverse capabilities as a “one-stop” stock trading platform allows traders across the globe with a wealth of education communications, trading, and communication tools
- You get to be taught by experts and advice from the company’s internal experts, which include video libraries that teach you how to learn and trading in real-time.
- You’re assured of transparency throughout Profit.ly with precise analytics and fellow traders that are waiting to reach you when something goes wrong.
- The leaderboard feature on the platform gives you the opportunity to increase your credibility as a trustworthy and verifiable trader
- Apart from its main features, Profit.ly also gives its customers additional options to meet their preferences, such as posting trades that are not authentic by taking images
- Profit.ly’s diverse range of subscription plans and guru packages are priced at affordable rates There is truly something for everyone
- Profit.ly’s numerous products and packages offered might not be enough for the majority of its users
- If traders decide to make any type of trade, there’s the possibility that some of them could profit from cherry-picking the best trades to boost their rating This could be a problem that shouldn’t be overlooked.
- Profit.ly does not offer refunds because its premium users are expected to instantly benefit from the number of features the platform is able to offer
The Final Concluding Question is: Is Profit.ly worth it?
If we could come up with an appropriate answer for this query, it would be an affirmative “yes”. But you need to understand that it shouldn’t be treated as a scheme to get rich quick. The platform was not always meant to be designed to achieve this goal. Instead, you need to have an open mind. Tim Sykes Vs Ross Cameron
What we are referring to”yes” is that it is a fantastic learning tool. People who are stuck could discover Profit.ly’s range of resources to be helpful when they try their best to avoid loss and perform better than they did before. It’s not only the struggling traders that will benefit from this platform. It will be able to accommodate beginners as well as even experts in the field!
If you truly want to become better at trading and wish to be taught by your fellows and gurus along the way, then take a look at Profit.ly. Profit.ly could be a good alternative to start.
FAQ Tim Sykes Vs Ross Cameron
What are the best ways to use Profit.ly to make your trades public?
Profit.ly offers an entry section for trades within the My Trade category on the dashboard. It lets you post your trades, either verified or otherwise. There are three options:
- Linking your account with your brokerage of choice and then importing transactions directly through there
- Manually inputting your trades with specified spaces and information.
- Send a screen shot of your trades
How can I tell whether the trade is authentic or not?
If you import your trade through a reliable brokerage, there is a high chance that it is verifiable. This is evident by the blue check mark. If you upload it in a manual way or by taking screenshots, it will automatically be assigned as unverified.
The downside of having an unverified trade is the risk of getting downvotes from your fellow peers. If you receive too many negative votes, it could cause you to be listed on the Madoff leaderboard, which is where the public can see who’s untruthful in submitting trades.
Is the Profit.ly mobile app still in use?
As of this writing, Profit.ly is still available to download from the App Store for Apple and on the Google Play store. The mobile app version is compatible with the majority of functioning tablets and smartphones.
How many are connected to Profit.ly?
Profit.ly currently houses over 150,000 traders and investors, since they’re not just trying to maximize profits but also assist each other to grow and learn more about acquiring opportunities on the stock market both right and left.