The stock market can be an extremely risky game. On certain days, you could be reaping the benefits of positive and satisfying numbers. However, 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, you will have to realize that relying on instinct and survival 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 a significant boost from your fellow traders from around the globe. That’s why we’ve discovered an online platform that will help you to improve your performance within the field. We’ll take an in-depth look at Profit.ly is a well-known 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.
Total Rating: 4.1/5 Tim Sykes Youtube
The User’s Experience 4.5/5
Profit.ly can be described as an online platform for trading that permits traders of all levels to be informed, transparent, accountable, and encouraging one another through its wide variety of tools and features like chat rooms, trade verification as well as an extensive library of educational content.
How do I define Profit.ly?
Profit.ly is a site for trading that serves both as a learning and training platform for people who are just beginning their journey and also as a platform for traders with experience to keep track of their performance with the help of sophisticated analytics tools. Providing users with a wide variety of tools to facilitate trade and communication, it helps traders from all walks of life network with each other. It gives the gurus worthwhile investments within the confines of this platform. Think of it as an online social media platform similar like Facebook and Reddit but with a focus on traders and experts.
Profit.ly independently validates trade performance and then publishes the information from them in the style of leaderboards. The platform for trading is built on trust and transparency. it ensures that the trades are authentic and won’t accept fake news as long as is humanly possible. It was created years ago by the penny stock trade expert and investment expert Timothy Sykes, along with fellow expert Michael Mosseri.
In an interview for Forbes publication, Sykes stated that Profit.ly was motivated by its focus “on the transparency of the entire spectrum of trades, something which was never prior to.” The idea was, he said, serving two goals: 1.) creating public track records for not just the gurus as well as newsletter authors and students and secondly) allowing all users to learn from both the wins and losses for the trading industry’s benefit. Tim Sykes Youtube
How Does It Work?
Profit.ly utilizes a subscription model which allows stock traders to have access to a range of tools and services that are geared at achieving success. It is possible to create an account on the site at no cost, however you’re limited to the ability to navigate through the leaderboards and monitor the activities of people who aren’t gurus. If you’re ready to invest your money to see which stocks the gurus are trading in real time You’ll need to sign up to one of Profit.ly’s deals, which we will review in the coming days.
The process of opening an account is easy: create a profile with your experiences and knowledge, then connect your brokerage account, and you’ll be given a chance to shoot through at the very top of the list. Profit.ly’s leaders’ board feature as we’ve mentioned earlier was designed to offer its users an insight into their performance as a trading group and its gurus. You’re not just allowed to show value to a large group of traders. You can also use Profit.ly to buy from a guru with the confidence that you are confident in their skills and the credibility of their claims.
If you feel uneasy with the idea of divulging the details of your broker account then you could opt to post your trades, either verified or not, via photographs. Also included in Profit.ly are a variety of courses in trading as well as the ability to look at statistics on a person’s profile as well as other ways to communicate with your gurus in the chatroom, along with email and text alerts as well as updates.
Meet Tim Sykes, the founder: Tim Sykes
Timothy Sykes is a well-renowned day trading guru who is well-known for his involvement in penny stock trading. According to Investopedia Penny stock is a small business’s stock that trades for just less than 5 cents per share. The penny stock market can be seen as a stepping stone for small businesses to transition to a market that is larger as it gives them access to funds from the public. But don’t be mistaken – it’s also 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, made over $6 million of profit during his long and successful career as trader. At the age of 25 Sykes was 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 create trading rooms and penny stock themes and educational content geared toward those who are just beginning to learn about the trading field. He also played a role in establishing Profit.ly as a place for openness, and to allow the community to rise and compete on the platform.
The Profit.ly Gurus
One of Profit.ly’s amazing features is the vast array of education tools, trade alerts and other helpful stuff provided by the in-house experts of the platform. The gurus in question refer to the experts in trading who have made substantial amounts of money from their combined years of experience. Tim Sykes Youtube
At its peak, Profit.ly had housed up to five gurus. Each of them a pro in their niche in the trading industry. Some of the most prominent experts included Connor Bruggermann, Nathan Michaud of Investors Underground, and Triforce among others. As of this writing, however, 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. In light of that Let’s look at the packages each guru can offer.
From Tim Sykes Tim Sykes: Tim’s Alerts
Sykes offers a basic stock trading service with the main priority being penny stock day trading through Tim’s Alerts. Costing $74.95 monthly, you’ll be able to see him focus on the basic stock catalysts and employ them to forecast the next moves that could occur when making trades.
A single 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; texts, emails 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, upgraded version of the Tim’s Alerts program. Priced at $149.95 monthly, this is an ideal plan for those who are invested in penny stock trading. Pennystocking Silver includes all the basic features found in prior plans, including alerts for swing trading and access to a rich library of over 7,000 educational videos that are updated every week.
In “Superman” Paul Scolardi: Superman Alerts
Scolardi, who goes by the alias “Superman,” is a swing trading professional with an eye for 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 total trading profits. Tim Sykes Youtube
The Superman Alerts plan is an offer of the most essential features and alerts on trading geared to those interested. For $147 per month, you’ll gain access to the daily premarket stock watchlist as well as the mobile app, the daily market commentary in real-time, as well as E-mail and SMS alerts.
The film “Superman” Paul Scolardi: Superman Pro
For $247 per month, you can enjoy additional features, plus access to the extensive knowledge base of information provided by Superman himself, via the Superman Pro package. Alongside the standard features featured in the Alerts package, Superman Pro gives you weekly video lessonsthat include a growing library of all other previous ones. In addition you’ll also have the ability to access premium reports on research and an IPO or earnings monitor.
Profit.ly Programs and Costs
If you’re eager to join the online trading community and leave your mark on the market, Profit.ly has the right amount of resources to help you up and running. The platform offers three membership tiers, each designed for traders of different levels. Let’s take a look at what these three levels are and what 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 trading community. When you sign up for this package, you will be immediately offered a range of strong and indispensable trading tools, each one of them essential in keeping your fingers on what we call a competitive process by itself.
The list of features you can accomplish using Profit.ly’s Novice package is the ability to verify trades and track profits and follow-up, leading and even chatting with other traders; and providing feedback on trades today. It also allows you to be on leaderboards, analyze, sort, or filter the trades you make; and, finally, see the statistics of other traders.
The Novice plan is $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 account, making your actions public. If you’re interested in gain access to this feature, keep an eye on us as we present to you Profit.ly’s next plan.
The Trader Plan
The Trader package lets you to use a majority of features from the novice plan. In this plan, that you are able to create an account that is private to share with other associate users all your knowledge and knowledge you gain from this trading group.
Costing $49.95/month, Profit.ly’s Trader plan is exactly what it says catering people who want to harness their expertise in trading. Although it’s a nice thing, there is one significant aspect that’s not included. Unlike the previous Novice package, you won’t be able to view the statistics of other traders, which might be a drawback for those eager to try this new tier. Tim Sykes Youtube
This is by far the highest premium package that Profit.ly can offer to experienced traders. At $74.95 monthly, with 22% off for billing annually the Pro plan has it all. You get full, no-holds-barred access to all the options of the prior plans.
In addition, you’ll be able to see other users’ stats and data, but you also have the opportunity to create your own private profile. Both of these options, plus the other benefits that you can use to their fullest capacity. If you’re looking for an account that will give all the features you need to be a skilled trader, maybe the Pro plan is for you!
Profit.ly’s Other Services
In addition to the training tools and the leadersboards Profit.ly has a few other services they provide. One of these is its online store, which lets users select from a variety of video products designed to inform and guide you through the nuances and pitfalls of trading. The products listed on this page of the website is available to be immediately purchased for personal use. Among these products include best-sellers such as the “Trading Tickers” series from trading specialist Tim Grittani, Timothy Sykes’s collection of DVDs, streaming-only content related to short stocking, penny stocking, as well as all aspects of trading. There are also clips and scenes taken from the Annual Pennystocking Conference, and items from other experts in trading.
The integrated chat rooms are as well part of Profit.ly’s variety of services and features. You are probably 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 support. But on Profit.ly the chat room is viewed as a real-time area where experts and members trade and exchange knowledge in real-time. Each guru has their style when it comes to running their chat room and dealing with the listed members there. One might be laid back and not very often active, while another may be more interactive and online in their interactions with 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 wide range of products and features cater to an array of stock traders, ranging from novices to the most experienced. Considering the number of offers it can provide, the platform surely has something for all.
Newbies, for instance, will appreciate Profit.ly’s library of learning content offered throughout the platform. Not only will they be enriched with weekly videos and chat room tips by its internal gurus and their members. Additionally, they can select from the products in its online store for them to take wherever they go. Additionally, they can gain practical experiences by trading through the platform, but ultimately they’ll be able to realize that the process is a risky game that shouldn’t be taken as an opportunity to make fun of.
For the traders with years of exposure down the road, we consider Profit.ly as equally as suitable to them as the newcomers. Although the novices might not be as well-equipped with managing trading, the pros already understand how it works and the stack full of risks that come with it. Ideally, they may utilize Profit.ly’s variety of features to their best advantage to improve their skills in trading. Like novices, they can learn from the top experts as well as experts, and take advantage of simple tips and hints to help them along.
Profit.ly’s “all-inclusive” nature does not only apply to beginners and semi-experienced traders. Certified experts can also take part in the excitement! Trade professionals who are at similar levels to Superman or Tim Sykes can also use Profit.ly’s capabilities. Profit.ly’s abilities to show off their expertise to other traders in order to guide them through the ever-illustrious trading process. Tim Sykes Youtube
Profit.ly’s Pros and Cons
- Profit.ly’s numerous capabilities as a “one-stop’ stock trading platform enable traders from all over the world with a wealth of education communications, trading, and communication tools
- You’ll be provided with excellent lessons and insights from its in-house gurus, including video libraries that teach you how to learn and real-time trading activities
- You’re assured of transparency throughout Profit.ly with accurate analytics as well as fellow traders who are ready to reach you out whenever something happens
- The leaderboard feature of the platform offers you the opportunity to increase your credibility as a trustworthy and authentic trader
- Apart from its core features, Profit.ly also gives its customers extra options that can be tailored to their individual preferences, for instance, posting trades that are not authentic by taking screenshots
- Profit.ly’s diverse range of subscription plans and guru packages are priced at affordable rates There is truly something for every person
- Profit.ly’s abundance of products and packages offered might seem overwhelming for the majority of its users
- Since traders can choose to make any type of trade, there is the possibility that some of them could profit from cherry-picking the best trades to boost their rating – this may be a problem that shouldn’t be simply overlooked
- Profit.ly does not accept refunds because the premium customers are expected to instantly take advantage of the numerous services the platform has to provide
The Final Verdict is: Is Profit.ly Worth It?
If we were able to come up with an appropriate answer for this query, it’s a ‘yes’. But it is important to realize that it shouldn’t be treated as a get-rich-quick scheme. The platform wasn’t originally designed to be used in this way. Instead, it is best to keep an open mind. Tim Sykes Youtube
What we do mean”yes” is it can be a great learning tool. People who are stuck might find Profit.ly’s range of resources useful as they do their best to avoid loss and perform better than before. It’s not just the struggling traders that will benefit from this platform. It can accommodate beginners and even experts in the field!
If you truly want to become a better trader and want to be taught by your mentors and peers throughout the process, then take a look at Profit.ly. Profit.ly could be a good option to begin.
FAQ Tim Sykes Youtube
What are the best ways to use Profit.ly to post your trades?
Profit.ly offers an entry section for trades within the ‘My Trade section of the dashboard. It lets you record your trades, either verified or not. You may choose between three options:
- Linking your account to the broker of choice and import the trades from that directly
- Manually entering your trades using specified spaces and information.
- Take a photo of your transactions
How do I know whether the trade is authentic or not?
If you purchase your trade from a trusted brokerage, there is the probability that it’s verifiable. This is indicated with the blue check mark. 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 getting downvotes from your colleagues. A large number of downvotes could cause you to be listed on the Madoff leaderboard, which is where the public are able to identify who is untruthful in submitting trades.
Is the Profit.ly mobile application still available?
As of this writing, Profit.ly is still available to download via the Apple App Store as well as the Google Play store. The mobile version of the app is compatible with most functioning tablets and smartphones.
How many people are using Profit.ly?
Profit.ly currently houses over 150,000 investors and traders as they not only are looking to earn maximum profits but also to help one another grow and learn more about acquiring opportunities in the stock market all over the world.