The stock market can be an extremely risky game. Some days, you may have the benefit of positive and satisfactory numbers. On other days, however, the opposite may happen and it can be very difficult to get back to where you were at your peak. If you are constantly stuck in the gutter it is important to recognize that relying on instinct and survival may not always be enough.
If you’ve experienced losses from time to time You’ll need reliable advice from tested and tried trading experts. You’re also gonna need a significant boost from your trading partners from all over the globe. That’s why we’ve identified an option that can help you to improve your performance in the industry. This review will take the time to look at Profit.ly A well-respected 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 Timothy Sykes 2021 Profits
Value: 4.1/5
Quality: 4.1/5
Costs: 4.1/5
User Experience: 4.5/5
Summary
Profit.ly can be described as an online platform for trading that enables traders of all levels to be knowledgeable, transparent, accountable, and uplifting with each other through its broad range of features and tools like chat rooms, trade verification, and an enriched library of educational material.
How do I define Profit.ly?
Profit.ly is a trading website that serves both as a learning and training platform for those who are starting out and as a hub for experienced traders to track their performance using the aid of sophisticated analytics tools. It provides users with a vast variety of tools for trade and communication and letting traders from all walks of life network with one another. It offers gurus with worthy investments within the boundaries of this platform. Imagine it as an online social media platform similar like Facebook and Reddit however it is geared towards 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’s trading model is based on transparency and honesty: it makes sure that transactions are legitimate and will not allow for fraud as much as is humanly possible. It was established in the past by penny expert in stock trading and investment expert Timothy Sykes, along with his colleague Michael Mosseri.
In an interview with Forbes magazine, Sykes stated that Profit.ly was driven by its focus “on the transparency of the entire spectrum of trades, something which has never been prior to.” The idea, he added, served two objectives: one) keeping track of public data for everyone, not just the experts as well as students and newsletter writers as well as) making it possible for anyone on the platform to be enlightened by both losses and wins to benefit the industry of trading. Timothy Sykes 2021 Profits
How Does It Work?
Profit.ly is a subscription-based platform which allows stock traders to benefit from a variety of features and services aimed towards achieving the success of their business. You can create an account at no cost, however you’re limited to the capability to browse the leaderboards and monitor the activities of people who aren’t gurus. If you’re ready to invest your money and see what stocks the experts are trading in real time You’ll need to join one of Profit.ly’s offerings that we’ll discuss in the near future.
Making an account simple: Create an account that includes your personal information and expertise, connect your brokerage account, and you’ll be given a chance to shoot your way to at the very top of the list. Profit.ly’s leaders’ board feature as previously mentioned it is designed to provide its users an insight into the performance of the trading community and its gurus. It’s not just a way to demonstrate that you’re worthy to the community of traders, as you can also utilize Profit.ly to purchase with a guru, and have the assurance that you’re confident in their skills and the veracity of their claims.
If you’re not comfortable with the idea of divulging information about your account with a brokerage, you may opt to post your trades, whether verified or otherwise, through screenshots. In Profit.ly is the huge selection of trading courses and the capability to see statistics on a person’s profile and other methods to interact with your experts in the chatroom, as well as email and text alerts as well as updates.
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Meet the Founder: Tim Sykes
Timothy Sykes is a well-renowned day trader who has been famously known for his involvement in penny stock trading. According to Investopedia the term “penny stock” is a small business’s stock which trades at under $5 for each share. Penny stock trading could be viewed as a stepping stone for small-scale businesses to make the transition to a market that is larger as they can access money from the public. However, don’t get it wrong – it can also be an extremely risky activity, as Sykes can surely tell through his many years of expertise.
Beginning in the latter years of High School, Tim Sykes has, since then, earned more than $6 million in earnings throughout his illustrious career as trading professional. At the age of 25 Sykes was given greater exposure and an even wider impact when he became part of the reality TV show “Wall Street Warriors.” He then took advantage of it to create trading rooms, penny stock themes, and educational content geared toward those who are just beginning to learn about the trading field. He also helped establish Profit.ly as a place for openness, and for the community to lift each other up and compete against each other through the platform.
The Profit.ly Gurus
One of Profit.ly’s sweet inclusions is the wide range of educational sources, trade alerts and other helpful stuff provided by the platform’s in-house gurus. These gurus refer to experts in the field of trading who have proven to make significant amounts of profit through their years of knowledge. Timothy Sykes 2021 Profits
At its height, Profit.ly had housed up to five gurus. Each of them a professional in their field of expertise within the world 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 the platform: 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 take a look at the packages each guru has to offer.
From Tim Sykes: Tim’s Alerts
Sykes offers an essential stock trading service with the main priority being penny-stock day trading via Tim’s Alerts. Costing $74.95 per month, you’ll be able to observe him focus on fundamental stock catalysts and use them to predict the next moves that could occur when trading.
A standalone purchase from Tim’s Alerts will get you access to the chatroom as well as the mobile application that is available to iOS as well as Android devices; texts, emails, and push alerts; as well as a daily watchlist of stocks.
from Tim Sykes: The Pennystocking Silver Package
Pennystocking Silver is the premium version, with an upgraded version of Tim’s Alerts program. At $149.95 monthly, this is a great option for investors who are involved in penny stock trading. Pennystocking Silver comes with all the standard features found in prior plans, such as swing trading alerts as well as unlimited access to an extensive collection of more than 7,000 educational videos that are updated weekly.
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From “Superman” Paul Scolardi: Superman Alerts
Scolardi who goes under the alias “Superman,” is a trader who has an eye for both tiny-cap massive stocks as well as wildly accurate marketing forecasts. Through the years since the time he started trading, Superman has amassed over $5.5 million in trading profits. Timothy Sykes 2021 Profits
The Superman Alerts package is his offer of the most essential features and alerts on trading geared to those interested. For $147 per month, you’ll gain access daily stock watchlist that is premarket along with the mobile app, the daily market updates in real-time, as well as SMS and e-mail alerts.
In “Superman” Paul Scolardi: Superman Pro
At $247/month, you get additional features and access to a knowledgeable base of information provided by Superman himself via Superman Pro. Superman Pro package. On top of the essentials featured in the Alerts package, Superman Pro gives you weekly video lessonsthat include the growing collection of other previous ones. On top of that you’ll also gain an access to high-quality research papers and an IPO or earnings monitor.
Profit.ly Plans and Costs
If you’re ready to join the online trading community and leave a mark in the market, Profit.ly has the right amount of resources to help you up and running. The platform has three membership levels that cater to traders at different levels. Let’s break down what these three are and how much they will cost you.
Novice Plan
The package called Novice is Profit.ly’s beginning-of-the-line plan specifically for people who are brand new to the trading community. As you sign up for this plan you’ll be provided with a variety of powerful and indispensable trading tools, each of which is essential to keep your fingers on what could call a ruthless procedure in its own.
Some of the features you can do using Profit.ly’s Novice program is the capability to check trades and track profits and follow-up, leading and even texting other traders; and leaving feedback on today’s trades. It also allows you to be on leaderboards, analyze the results of your analysis, sort, and filter your trades and, finally, see the statistics of other traders.
The Novice plan costs $29.95 per month. Although it looks attractive simply because of the price but there’s a disadvantage. You aren’t able to create a personal account, making your personal information public. If you’re looking to have access to this feature, be watching for us to introduce to you Profit.ly’s new plan.
Trader Plan
The Trader plan allows you to take advantage of the majority of features available in the Novice plan. This plan allows that you can create an individual profile that allows you to share with fellow associate users all the insights and information you have gained from the trading community.
The price is $49.95/month, Profit.ly’s Trader plan does what the name suggests: Cater people who want to harness their trading skills. As nice as it seems, there is one significant aspect that’s not included. Unlike the previous Novice package, you will not be able to see the statistics of other traders that could be a problem for some who may be anticipating this level. Timothy Sykes 2021 Profits
Pro Plan
This is by far the highest luxurious package Profit.ly can offer to experienced traders. With $74.95 per month, and a 22% discount for billing annually This plan offers it all. It gives you full, unlimited access to all features from the two prior plans.
In addition, you’ll be able to view other people’s stats, but you’re also given the chance to create your own private profile. These two features are on top of all the advantages that you can utilize to the fullest potential. If you’re looking for a plan that can serve all the features you need to be an experienced trader, the Pro plan is the right choice for you!
Profit.ly’s Other Services
Apart from the trainer tools and leadersboards Profit.ly offers a number of more services it has to provide. One of these is its online store, where customers can select from a variety of video products designed to inform and help you understand the nuances and pitfalls of trading. The products listed on this page of the website can be immediately purchased for personal use. These include best-selling products such as”Trading Tickers, “Trading Tickers” series by trader specialist Tim Grittani, Timothy Sykes’s library of DVDs and streaming-only content about penny stocking, short stocking, and other related to trading, videos and scenes taken from The Annual Pennystocking Conference, and other products by expert traders.
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The chat rooms that are integrated are included in Profit.ly’s variety of features and services. You are probably familiar with the chat room as you can find it throughout social and messaging platforms and also on a few specialty websites that provide live chat assistance. But on Profit.ly the chat room is viewed as a hands-on place where gurus and their members can interact and share knowledge in real-time. Each guru has their style in operating their chat room and in dealing with the members there. One might be a laid-back person who is rarely active, while another may be more online and communicative with their students. Think of the chatrooms 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 are geared towards a large variety of stock traders, ranging from beginners to experienced pros. With the variety of deals it has to offer, the platform surely has something for everyone.
Beginners, for instance, can take advantage of Profit.ly’s knowledge-based content offered throughout the platform. In addition, they will be provided with videos every week and chat room tips by its internal gurus as well as their members. They’ll also be able select from the products on its store online that they can take with them wherever they go. You can also get hands-on experiences from trading within the platform, but ultimately they’ll realize that the process is a high-stakes game that shouldn’t be treated as an amusing pastime.
For those traders who have had years of exposure down the line, we believe Profit.ly equally suitable to those who are just starting. While novice traders may not be as proficient in dealing with trading issues, 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 options to their maximum advantage to enhance their skills in trading. Like beginners, they can learn from the top experts and experts and utilize those quick tips and tidbits throughout the process.
Profit.ly’s “all-in” approach does not only apply to beginners as well as semi-seasoned traders. Verified experts can also join in the excitement! People in the trade industry who are on an equal level with Superman and Tim Sykes can also use Profit.ly’s capabilities. Profit.ly’s capabilities to showcase their skills to others as a way to help navigate them through the ever-changing trading process. Timothy Sykes 2021 Profits
Profit.ly’s Pros and Cons
The Pros
- Profit.ly’s many capabilities as a ‘one-stop’ platform for trading stocks allows it to provide traders everywhere with tons of learning tools, communication, and trading 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 trading in real-time.
- You’re guaranteed transparency throughout Profit.ly with accurate analytics as well as fellow traders ready to call you when something goes wrong.
- The leaderboard feature of the platform offers you the chance to establish your reputation as a reliable and authentic trader
- Apart from its main abilities, Profit.ly also gives its customers extra options that can be tailored to their individual preferences, for instance, posting unauthentic trades via screenshots
- Profit.ly’s wide array of subscription levels and guru packages are priced at reasonable prices There’s something for all
The Cons
- Profit.ly’s numerous products and packages offered might seem overwhelming for a lot of its users
- Since traders can choose to open any kind of trade, there is the possibility that some of them may take advantage by selecting the best trades in order to boost their rating This could be a problem that shouldn’t be ignored.
- Profit.ly does not accept 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 think of the answer, it’s a ‘yes’. But it is important to 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 curiosity. Timothy Sykes 2021 Profits
What we mean”yes” is it can be a great learning tool. For those who are struggling, they could discover Profit.ly’s range of resources to be helpful as they do their best to reduce losses and perform better than they did before. Not only struggling traders who will benefit from this platform. It can accommodate beginners and even experts!
So, if you genuinely desire to be a better trader and want to learn from your mentors and peers throughout the process, then take a look at Profit.ly. Profit.ly may be a great choice to start.
FAQ Timothy Sykes 2021 Profits
How do you use Profit.ly to publish your trades?
Profit.ly offers an entry section for trades under the ‘My Trade section of the dashboard that allows you to post your trades that are verified or not. You may choose between three choices:
- Linking your account with your broker of choice and import transactions directly through there
- Manually entering your trades using specified spaces and information.
- Upload a screenshot of your transactions
How can I tell whether the trade can be verified or not?
If you purchase your trade from a trusted brokerage, there is an excellent probability that it’s verifiable. This is evident by the blue check mark. If you post it in a manual way or by taking images, it will be classified as unverified.
The disadvantage of an unverified trade is the possibility of receiving downvotes from colleagues. Too many downvotes may cause you to be listed in the Madoff leaderboard, which is where the public are able to identify who is untruthful in submitting trades.
Does the Profit.ly mobile app still available?
As of the moment, Profit.ly is still available to download via the Apple App Store as well as on the Google Play store. The mobile version of the app works with all working smartphones and tablets.
How many people are connected to Profit.ly?
Profit.ly currently houses over 150,000 traders and investors, because they are not just trying to maximize profits but also to help one another develop and grow in their ability to take advantage of opportunities in the stock market both right and left.
