Stock trading can be an exciting game with high stakes. On some days, you may be reaping the benefits of positive and satisfying numbers. On other days it could be the reverse and it can be extremely difficult to return to where you were your best. If you are constantly stuck in the gutter, you will have be aware that relying solely on pure instinct and preservation may not always be enough.
If you’ve suffered loss from time to time and you’re likely to require reliable advice from tested and tried trading experts. You’re also gonna need an enormous boost from your trading partners from all over the globe, which is why we’ve discovered a platform that can support you to improve your performance within the field. This review will take the time to 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.
Overall Rating: 4.1/5 Timm Sykes Profitly
The User’s Experience 4.5/5
Profit.ly offers an internet-based trading service that permits traders of different levels to be knowledgeable responsible, transparent, and encouraging one another through its wide range of features and tools such as trade verification, chat rooms as well as an extensive library of educational content.
What exactly is Profit.ly?
Profit.ly is a trading website that functions as a training and learning platform for traders new to trading and also as a platform for experienced traders to track their performance through the use of advanced analytics tools. Providing users with a wide range of resources for communication and trade, it helps traders from all walks of life network with one another. It gives the gurus worthy investments within the boundaries of the platform. Consider it an online social media platform similar the likes of Facebook and Reddit but with a focus on professionals and traders.
Profit.ly independently checks the performance of trades and then publishes the information of them in the manner of leaderboards. The platform for trading is built on transparency and honesty: it guarantees that the transactions are legitimate and will not accept fake news as long as possible. It was created years ago by the penny expert in stock trading and investment expert Timothy Sykes, along with the other expert Michael Mosseri.
One time during his interview with Forbes magazine, Sykes declared that Profit.ly was motivated by its focus “on showing all trades, something that has never been previously done.” The concept was, he said, serving two goals: 1.) making public records for all traders, not just the gurus, but also the students and newsletter writers as well as) giving all users to gain insight into both losses and wins to the benefit of the trading industry. Timm Sykes Profitly
How Does It Work?
Profit.ly follows a subscription-based model that allows stock traders to gain access to a multitude of tools and services that are geared toward achievement. You can create an account on the site 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 and see which stocks the gurus are trading in real time it is necessary to join one of Profit.ly’s offerings, which we will discuss in the near future.
Making an account easy: create a profile with your experiences and expertise, connect to your brokerage account, and you’ll have a chance to shoot your way up to at the very top of the list. Profit.ly’s leaders’ board feature as mentioned previously was designed to offer its users a glimpse of the performance of the trading community as well as its experts. You’re not just allowed to demonstrate value to a group of traders. You can also utilize Profit.ly to buy with a professional with the assurance that you’re confident in their skills and the credibility of their claims.
If you feel uneasy with the idea of sharing the details of your broker account you may decide to share your trades, either verified or not, by taking pictures. Included in Profit.ly are a variety of trading courses, the ability to view the stats of a trader’s account as well as other ways to connect with your gurus via chatrooms as well as text and e-mail alerts and updates.
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Meet Tim Sykes, the founder: Tim Sykes
Timothy Sykes is a well-renowned day trader who is famously known for his efforts in penny stock trading. According to Investopedia Penny stock is a small business’s stock which trades at just less than 5 cents per share. The penny stock market could be viewed as a stepping stone for small companies to move into a larger market because it allows them to access money from the general public. However, don’t get it wrong – it’s also an extremely risky game, as Sykes can surely tell through his many years of experience.
Since his initial beginnings in his late years in High School, Tim Sykes has, since then, made an estimated $6 million earnings through his lengthy career as trading professional. At the age of 25 Tim Sykes had received greater exposure and an even wider impact when he became part of the reality TV show “Wall Street Warriors.” He made use of the show to develop trading rooms as well as 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 for the community to lift each other up and compete with each other on the platform.
The Profit.ly Gurus
One of Profit.ly’s amazing features is the variety of learning resources, trade alerts, as well as other useful information provided by the platform’s in-house gurus. The gurus in question refer to the trading experts who have proven to make substantial profits from their collective years of expertise. Timm Sykes Profitly
At its height, 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 prominent gurus included Connor Bruggermann, Nathan Michaud of Investors Underground, and Triforce among others. As of this writing, only two gurus remain on the platform: the 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 look at what packaged deals each guru has to offer.
From Tim Sykes Tim Sykes
Sykes provides an essential stock trading service which focuses on penny-stock day trading via Tim’s Alerts. Costing $74.95 monthly, you’ll be able to see him focus on the fundamental stock catalysts and use them to forecast the next move that is possible when making trades.
A purchase on its own of Tim’s Alerts will get you access to the chatroom and the mobile app that’s available on iOS as well as Android devices, as well as 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. It costs $149.95 for a month it is the perfect plan for those who are more committed to penny stock trading. Pennystocking Silver includes all the basic features found in the previous plan, including swing trading alerts as well as unlimited access to a rich library of more than 7,000 instructional videos that are updated every week.
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The following video is from “Superman” Paul Scolardi: Superman Alerts
Scolardi who goes under the name “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. Timm Sykes Profitly
The Superman Alerts plan is an offer of the most essential features and trading alerts geared to those interested. For $147/month, you’ll get access daily stock watchlist that is premarket as well as the mobile application, daily market updates in real-time, as well as email and SMS alerts.
The film “Superman” Paul Scolardi: Superman Pro
For the price of $247, you receive additional features, as well as access to the extensive knowledge base of information provided by Superman himself through his Superman Pro package. On top of the essentials that are included in the Alerts plan, Superman Pro gives you weekly video lessonsthat include the growing collection of previous lessons. In addition you’ll also gain access to premium research reports as well as an IPO and earnings tracker.
Profit.ly Plans and Costs
If you’re eager to join the online trading community and make a mark on the industry, Profit.ly has the right amount of resources to get you going. Profit.ly offers three membership tiers, each designed for traders with different levels. Let’s look at what the three are and how much they’ll cost you.
The package called Novice is Profit.ly’s beginning-of-the-line plan specifically for those who are just beginning their journey to the world of trading. When you sign up for this package, you will be immediately provided with a variety of powerful and indispensable trading tools, each one of them essential in keeping your hands on what we could call a ruthless process by itself.
The list of features you can accomplish with Profit.ly’s Novice program is the ability to confirm trades and track profits as well as leading, following and even chatting with your fellow traders, as well as leaving feedback on today’s trades. You can also get on leaderboards; analyze the results of your analysis, sort, or filter the trades you make and, finally, see other people’s statistics.
The Novice plan is $29.95 per month. Although it might look appealing 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 do want to get an account with this option, you should keep an eye on us as we present to you Profit.ly’s new plan.
The Trader package lets users to benefit from many of the features of the novice plan. This plan allows that you can create an individual profile that allows you to share with other associate users all your knowledge and information you have gained from trader’s community.
The price is $49.95/month, Profit.ly’s Trader plan does what the name suggests catering people who want to improve their trading skills. As nice as it seems but there’s one important feature that is missing. Unlike the previous Novice package, this one won’t be able to see other traders’ statistics, which might be a drawback for those anticipating this level. Timm Sykes Profitly
The Pro plan is the most expensive plan Profit.ly offers to experienced traders. At $74.95 per month, which includes a 22% discount for billing annually, this tier has everything. You will have full, unrestricted access to all the features of the previous plans.
In addition, you’ll be able to look at other people’s statistics as well, you’re also offered the option of creating a private profile. Both of these options, in addition to the advantages that you can utilize to the maximum extent. If you’re looking for a plan that can serve all the features you need to be trader with experience, the Pro tier could be ideal for you!
Profit.ly’s Other Services
Apart from the provided tools for training and leaderboards, Profit.ly offers a number of additional services that it can offer. One of them is the online store, which lets users select from a variety of videos designed to inform and provide guidance on the ins and outs of trading. The products listed on this page of the website is available to be immediately purchased for personal use. Some of these include bestsellers such as”Trading Tickers, “Trading Tickers” series from trading expert Tim Grittani, Timothy Sykes’s collection of DVDs and streaming-only content on short stocking, penny stocking, as well as all aspects of trading. There are also clips and footage from 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 array of services and features. You may be familiar with the concept of the chat room since you will see it on social and messaging platforms in addition to a few special websites that provide live chat support. But on Profit.ly the chat room is viewed as a hands-on place where gurus and their members trade and learn in real time. Each guru has their style when it comes to running their chat room and in dealing with the members. One of them may be a laid-back person who is rarely active, while another may be more active and in touch to their pupils. Consider chat rooms as Profit.ly’s version of the forum in essence.
Who is the ideal trader to Profit.ly?
Profit.ly’s variety of offerings and features cater to an array of stock trader types, from novices to experienced professionals. Given the wide range of options it has to offer it is certain to have something for every person.
Beginners, for instance, will appreciate Profit.ly’s library of learning content offered throughout the platform. Not only will they get daily videos and chat room tips from the in-house experts as well as their members. Additionally, they can select from the products from its online store that they can take with them wherever they travel. You can also get hands-on experiences from trading within the platform, however they’ll realize that this is a risky game that shouldn’t be treated as a joke.
For those traders who have had many years of experience down the line, we believe Profit.ly equally suitable for them as it is for those who are just starting. While the newbies may not be as well-equipped with handling trading matters but the experts already know how it works along with the plethora of risks that come with it. It is ideal to utilize Profit.ly’s array of options to their maximum advantage to develop their skills in trading. As beginners, they are able to study from the gurus as well as experts, and take advantage of quick tips and tidbits along the way.
Profit.ly’s “all-inclusive” nature does not only apply to beginners or semi-experienced trader. Experts who have been verified can also participate in the fun! People in the trade industry who are at an equal level with Superman and Tim Sykes can also use Profit.ly’s capabilities. Profit.ly’s abilities to show off their skills to others as a way to help guide them through the ever-illustrious trading process. Timm Sykes Profitly
Profit.ly’s Pros and Pros and
- 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 taught by experts and advice from the company’s internal experts, which include video libraries that teach you how to learn and live trading activity.
- You’re guaranteed transparency throughout Profit.ly by using accurate data as well as fellow traders ready to call you when something goes wrong.
- The platform’s leaderboard feature gives you the chance to establish your reputation as a reliable and dependable trader
- Apart from its core capabilities, Profit.ly also gives its users extra options to suit their needs, like posting unauthentic trades via screenshots
- Profit.ly’s diverse range of subscription plans and guru packages are priced at affordable rates There’s something for every person
- Profit.ly’s numerous packages and services offered could not be enough for a lot of its users
- If traders decide to open any kind of trade, there’s an opportunity that some them will profit by selecting the best trades in order to boost their rating this could be a concern that should not be overlooked.
- Profit.ly does not offer refunds because its premium users are expected to immediately take advantage of the numerous services that the platform can provide
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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’s yes. However, you must realize that the platform should not be used 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. Timm Sykes Profitly
What we mean by ‘yes’ is that it could be a useful learning tool. People who are stuck may discover Profit.ly’s variety of resources useful as they do their best to avoid loss and perform better than before. It’s not only the struggling traders that will profit from the platform. It will be able to accommodate beginners as well as even experts!
If you truly care about being more successful in trading and would like to be taught by your fellows and gurus throughout the process, then you should look no further than Profit.ly. Profit.ly could be a good choice to start.
FAQ Timm Sykes Profitly
How can you make use of Profit.ly to post your trades?
Profit.ly has an entry section for trades in the My Trade category on the dashboard which lets you post your trades, either verified or not. You may choose between three options:
- Linking your account to the brokerage of choice and then importing transactions directly through there
- Manually entering your trades into specified spaces and information.
- Upload a screenshot of your trades
What can I do to determine whether the trade can be verified or not?
If you import your trade from a trusted brokerage, there’s an excellent chance that it is verifiable. This is evident by the blue check mark. If you post it manually or through images, it will be classified as unverified.
The drawback of posting an unauthentic trade is the possibility of getting downvotes from your fellow peers. Too many downvotes may result in you appearing at the top of the Madoff leaderboard, where people can detect who’s being untruthful in submitting trades.
Are the Profit.ly mobile application still available?
At the time of writing, Profit.ly is still available to download from the Apple App Store and on the Google Play store. The mobile app version works with all working smartphones and tablets.
How many people are using Profit.ly?
Profit.ly is currently home to over 150,000 investors and traders, as they not only are looking to earn maximum profits but also help each other learn and improve in acquiring stock market opportunities left and right.