The stock market can be a high-stakes game. On certain days, you might have the benefit of positive and satisfying numbers. On other days, however you may experience the opposite and it can be extremely difficult to get back to where you were at your most productive. If you find yourself immersed in the water, you will have to realize that relying on pure instinct and preservation may not always be enough.
If you’ve been incurring loss from time to time You’ll need solid advice from seasoned and tested trading experts. You’re also gonna need a significant boost from your trading partners from all over the world, which is why we’ve discovered an online platform that will help you in your growth in the industry. In this review, we’ll take a 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 Weekenf Profits
Value: 4.1/5
Quality: 4.1/5
Costs: 4.1/5
Users Experience 4.5/5
Summary
Profit.ly offers an internet-based trading service that enables traders of different levels to be knowledgeable responsible, transparent, and uplifting with one another through its wide array of tools and features including trade verification, chat rooms and a rich library of educational content.
What is Profit.ly?
Profit.ly is a trading site which serves as a training and learning platform for those who are just beginning their journey and also as a platform for experienced traders to track their performance through the use of sophisticated analytics tools. Offering users a broad variety of tools to facilitate trade and communication that help traders from every field of business connect with each other. It offers gurus with an opportunity to invest in the right areas of this platform. Think of it as an online social media platform similar to 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 form of leaderboards. The trading platform is built on transparency and honesty: it ensures that the trades are valid and won’t allow for fraud as much as it is possible. It was created in the past by penny stock trade expert and investment expert Timothy Sykes, along with the other expert Michael Mosseri.
One time , during an appearance in Forbes publication, Sykes declared that Profit.ly was based “on showing the entire spectrum of trades, something which has never been previously done.” The idea was, he said, serving two goals: 1.) creating public track records for all traders, not just the gurus and students and newsletter writers as well as) giving everyone on the platform to learn from both losses and wins to benefit the industry of trading. Tim Sykes Weekenf Profits
How Does It Perform?
Profit.ly is a subscription-based platform which allows stock traders to gain access to a multitude of features and services aimed at achieving achievement. You can create an account for free, but you’re limited to the ability to navigate through the leaderboards and monitor the actions of non-gurus. If you’re looking to invest your money to see which stocks the gurus are trading in real time, you will need to sign up to one of Profit.ly’s offers, which we will review in the coming days.
Setting up an account is simple: Create a profile with your experiences and skills, join to your brokerage account and you’ll have a chance to shoot your way to high on the leaderboard. Profit.ly’s leaders’ board feature as previously mentioned, is designed to give its users a glimpse of their performance as a trading group and its gurus. You’re not just allowed to demonstrate value to a group of traders, as you can also use Profit.ly to shop with a guru, and have the confidence that you are confident of their knowledge and the legitimacy of their claims.
If you feel uneasy with the concept of leaking the details of your broker account you can decide to share your trades, verified or otherwise, through screenshots. In Profit.ly are the vast number of trading courses and the capability to see statistics on a person’s profile, and more ways to communicate with your gurus in the chatroom, along with email and text alerts as well as updates.
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Meet the Founder: Tim Sykes
Timothy Sykes is a well-renowned day trading guru who is famously known for his involvement in the penny-stock market. According to Investopedia the term “penny stock” refers to a small company’s stock which trades at just less than 5 cents per share. Penny stock trading could be viewed as an avenue for small businesses to transition to a market that is larger as it gives them access to funds 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 through his many years of expertise.
Beginning in his late years in the high schools, Tim Sykes has, since then, made more than $6 million in earnings through his lengthy career as trading professional. At 25 years old, 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 used the opportunity to establish trading rooms and penny stock themes and educational material aimed at people who are brand new to trading. He also helped establish Profit.ly as a place for openness, and to allow the community to rise and compete against each other through the platform.
The Profit.ly Gurus
One of Profit.ly’s amazing features is the vast array of educational resources, trade alerts, and other useful stuff offered by the in-house experts of the platform. Gurus are referred to experts in the field of trading who have proven to make significant amounts of profit from their collective years of expertise. Tim Sykes Weekenf Profits
At its peak, Profit.ly had housed up to five gurus, all of them an expert within their particular field in the trading industry. Some of the most famous experts included Connor Bruggermann, Nathan Michaud of Investors Underground, and Triforce as well as a handful of others. As of this 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. With that taken into consideration, let’s take a look at the packages each guru offers.
From Tim Sykes Tim Sykes: Tim’s Alerts
Sykes offers basic stock trading services which focuses on penny-stock day trading via Tim’s Alerts. At $74.95 per month, you’ll be able to see him concentrate on the basic stock catalysts and employ them to predict the next moves that could occur when making trades.
A single purchase in Tim’s Alerts will get you access to the chatroom and the mobile application that is available on iOS and Android devices, as well as 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, upgraded version of the Tim’s Alerts program. Priced at $149.95 per month, this is a great option for investors who are committed to investing in penny stocks. Pennystocking Silver includes all the basic features found in prior plans, such as swing trading alerts as well as unlimited access to a collection of more than 7,000 educational videos that are updated every week.
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The following video is from “Superman” Paul Scolardi: Superman Alerts
Scolardi who is known under the alias “Superman,” is a swing trading professional with an eye for both small-cap monumental stocks and crazy-accurate marketing forecasts. In the time since the time he started trading, Superman has amassed over $5.5 million in total trading profits. Tim Sykes Weekenf Profits
The Superman Alerts plan is an package of vital 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 along with the mobile app, daily market commentary shown in real-time, as well as email and SMS alerts.
In “Superman” Paul Scolardi: Superman Pro
At $247/month, you get additional features, as well as access to an extensive base of knowledge provided by Superman himself through his Superman Pro package. Alongside the standard features that are included in the Alerts package, Superman Pro gives you daily video lessons, which include a growing library of all previous lessons. On top of that you’ll also have the ability to access premium reports on research as well as an IPO as well as earnings tracking tool.
Profit.ly Programs and Costs
If you’re ready to join the trading community on the internet and make a mark on the industry, Profit.ly has the right amount of resources to get you going. The platform has three membership tiers that are designed to accommodate traders of different levels. Let’s take a look at what these three tiers are and how much they will cost you.
Novice Plan
The Novice package is Profit.ly’s entry-level plan designed especially for those who are just beginning their journey to the trading world. As you sign to this plan you’ll be offered a range of strong and essential trading tools, all of which is essential to keep your hands on what we could call a ruthless process by itself.
Some of the features you can accomplish with Profit.ly’s Novice package is the ability to verify the results of your trades and track profit as well as leading, following and even texting your fellow traders; and giving feedback on the trades of today. You’re also allowed to get on leaderboards; analyze, sort, as well as filter trades; and, finally, see other people’s statistics.
The Novice plan is $29.95 per monthly payment. Although it looks attractive simply because of the price but there’s a disadvantage. You can’t create a private profile, thus making your activities publicly available. If you’re interested in have the benefit of this service, you should stay tuned as we introduce to you Profit.ly’s new plan.
The Trader Plan
The Trader plan allows you to use a majority of features from the novice plan. It is in this plan that you can set up a private profile for sharing with fellow associate users all the insights and knowledge you gain from trader’s community.
Priced at $49.95/month, Profit.ly’s Trader plan does what the name suggests caters to those who desire to improve their expertise in trading. As nice as it seems, there is one significant aspect that’s not included. In contrast to the Novice package, you won’t be able to view other traders’ statistics, which might be a drawback for those anticipating this level. Tim Sykes Weekenf Profits
Pro Plan
The Pro plan is the most luxurious package Profit.ly can offer to experienced traders. It costs $74.95 per month, and a 22% discount for annual billing, this tier has everything. It gives you full, unlimited access to all options of the previous plans.
In addition, you’ll be able to look at other people’s statistics and data, but you also have the option of creating your own private profile. Both of these features, on top of all the advantages that you can utilize to the fullest potential. If you’re in search of an account that will give all the features you need to be a skilled trader, maybe the Pro level is for you!
Profit.ly’s Other Services
Apart from the training tools and the leaderboards, Profit.ly offers a number of additional services that it can provide. One of those is its online store, which allows users to choose from a wide array of videos designed to inform and provide guidance on the ins and outs of trading. Each of the offerings listed in this section of the site can be purchased immediately for personal use. These include best-selling products like the “Trading Tickers” series by trader professional Tim Grittani, Timothy Sykes’s collection of DVDs, streaming-only content on short stocking, penny stocking, and all other aspects of trading. There are also clips and footage from the Annual Pennystocking Conference, and items from other experts in trading.
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Chat rooms integrated into Profit.ly are also part of Profit.ly’s range of services and features. You are probably familiar with the concept of the chat room as you can see it across social and messaging platforms in addition to a few special websites that offer live chat assistance. But in Profit.ly it’s seen as a space where experts and their members can interact and share knowledge in real-time. Each guru has their style when it comes to running their chat room and in dealing with the members there. One might be more laid back and less active, while another might be more online and communicative with their students. Consider 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 cater to the wide range of stock traders, from beginners to experienced pros. Given the wide range of options it offers, the platform surely has something for everyone.
For instance, newbies will appreciate Profit.ly’s collection of educational materials available across the platform. Not only will they be provided with videos every week and chat room tips from the in-house experts and members. Additionally, they can select from the products in its online store for them to take wherever they may travel. 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 should not be viewed as a joke.
For those traders who have had years of exposure down the line, we believe Profit.ly equally suited to people who are just beginning. While novice traders may not be as well-equipped with managing trading, the pros already understand the way it functions and the risky mix that it carries. It is ideal to make use of Profit.ly’s variety of features to their full advantage to develop their skills in trading. As beginners, they are able to learn from the experts and experts , and use those short tips and tricks to help them along.
Profit.ly’s “all-inclusive” nature isn’t limited to novices and semi-experienced traders. Experts who have been verified can also participate in the enjoyment! Those in the trading industry who are on similar levels to Superman as well as Tim Sykes can also use up Profit.ly’s capabilities to showcase their expertise to other traders as a way to help guide them through the ever-illustrious trading process. Tim Sykes Weekenf Profits
Profit.ly’s Pros and Pros and
The Pros
- Profit.ly’s diverse capabilities as a “one-stop’ platform for trading stocks allows traders across the globe with tons of learning, communication, and trading tools
- You will 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 accurate analytics and fellow traders that are waiting to reach you out whenever something happens
- The leaderboard feature on the platform gives you the opportunity to increase your credibility as a trustworthy and dependable trader
- Apart from its main capabilities, Profit.ly also gives its customers additional options to meet their needs, like posting unverifiable trades through screenshots
- Profit.ly’s diverse range of packages and subscription levels are priced at affordable rates – there truly is something for all
The Cons
- Profit.ly’s numerous packages and services offered could not be enough for the majority of its users
- If traders decide to make any type of trade, there is a possibility that some of them will profit by selecting the best trades in order to boost their rating – this may be a risk that shouldn’t be overlooked.
- Profit.ly does not offer refunds, as its premium users will immediately benefit from the many services that the platform can offer
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The Final Concluding Question The Final Verdict: Is Profit.ly Worth It?
If we could come up with an answer to this question, it would be yes. However, you must realize that the platform should not be used as a scheme to get rich quick. The platform was not always intended to be created in this way. Instead, it is best to keep the ability to think with an open heart. Tim Sykes Weekenf Profits
What we are referring to by ‘yes’ is that it is a fantastic learning tool. For those who are struggling, they may find Profit.ly’s variety of resources helpful in their efforts to incur lesser losses and be more successful than before. Not only struggling traders that will benefit from this platform. It will be able to accommodate beginners as well as even experts in the field!
So, if you genuinely care about being a better trader and want to learn from your peers and experts throughout the process, then look no further – Profit.ly is a fantastic choice to start.
FAQ Tim Sykes Weekenf Profits
How can you make use of Profit.ly to post your trades?
Profit.ly offers the option of allowing trade entries in the “My Trade section of the dashboard that lets you record your trades that are verified or not. You may choose between three choices:
- Connecting your account to your brokerage of choice and then importing transactions directly through there
- Manually entering your trades into the spaces provided and details
- Send a screen shot of your transactions
How can I tell whether the trade is authentic or not?
If you import your trade through a reliable brokerage, there is an excellent chance that it is verifiable. This is shown by the small blue check. If you post the information manually or via images, it will be assigned as unverified.
The drawback of posting an unauthentic trade is the risk of getting downvotes from your friends and colleagues. If you receive too many negative votes, it could cause you to be listed in the Madoff leaderboard, which is where the public can see who’s untruthful in submitting trades.
Are the Profit.ly mobile app still available?
As of this writing, Profit.ly is still available to download from the Apple App Store and in the Google Play store. The mobile version of the app is compatible with the majority of operating tablets and smartphones.
How many people are using Profit.ly?
Profit.ly currently houses over 150,000 investors and traders, since they’re not just looking to earn maximum profits but also to help one another grow and learn more about acquiring stock market opportunities left and right.
