Stock trading is an exciting game with high stakes. On some days, you might be reaping the benefits of positive and satisfying numbers. On other days, however, the opposite may happen and it can be very difficult to return to where you were at your most productive. If you’re always in the mud, you will have to recognize that relying on pure instinct and preservation is not always enough.
If you’ve suffered losses from time to time You’ll need solid advice from seasoned and tested trading experts. Additionally, you’ll require an enormous boost from your trading partners from all over the world, which is why we’ve found an option that can help you in your improvement within the field. In this review, we’ll take a look at Profit.ly, a well-recognized 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. 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 Program
Value: 4.1/5
Quality: 4.1/5
Costs: 4.1/5
The User’s Experience 4.5/5
Summary
Profit.ly offers an internet-based trading service that allows traders of all levels to be informed and accountable, as well as transparent and to build relationships with each other by offering a wide array of tools and features such as trade verification, chat rooms and a rich library of educational material.
What is Profit.ly?
Profit.ly is a trading website that serves both as a learning and education platform for those who are starting out and as a hub for experienced traders to track their performance with the help of cutting-edge analytics tools. Offering users a broad array of options for communication and trade that help traders from all walks of life connect with one another. It gives the gurus worthwhile investments within the confines of the platform. Imagine it as a social media site akin the likes of Facebook and Reddit however it is geared towards professionals 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 transparency and honesty: it guarantees that the transactions are legitimate and will not tolerate inauthenticity as much as 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 publication, Sykes stated that Profit.ly was driven by its focus “on showing all trades, something that has never been prior to.” This idea, he added, served two goals: 1.) keeping track of public data for everyone, not just the experts and students and newsletter writers and secondly) allowing all users to learn from both the wins and losses to benefit the industry of trading. Timothy Sykes 2021 Program
How Does It How Does It
Profit.ly utilizes a subscription model that lets stock traders benefit from a variety of services and features geared toward the success of their business. You can create an account at no cost, however you’re only limited to having the ability to navigate through the leaderboard and observe the actions of non-gurus. If you’re ready to invest your money in order to find out what stocks the experts are trading in real-time it is necessary to subscribe to any of Profit.ly’s offerings, which we will review in the coming days.
Making an account easy: create an account that includes your personal information and skills, join your brokerage account, and you have yourself a chance to shoot your way to at the very top of the list. Profit.ly’s leaderboard feature, as mentioned previously, is designed to give its users a glimpse of their performance as a trading group as well as its experts. You’re not just allowed to demonstrate that you’re worthy to the large group of traders. You can also use Profit.ly to purchase with a professional with the confidence that you are confident with their expertise and the veracity of their claims.
If you’re not comfortable with the idea of divulging information about your account with a brokerage, you can decide to share your trades, verified or otherwise, through photographs. In Profit.ly are the vast number of trading courses, the ability to view stats in a trader’s profile as well as other ways to communicate with your gurus through the chatroom as well as email and text alerts as well as 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 delving his hands into the penny-stock market. According to Investopedia, a penny stock is a small business’s shares that trade for under $5 for each share. The trading of penny stocks can be seen as an avenue for small-scale businesses to make the transition to a market that is larger as they can access capital from the general public. But don’t make the mistake of thinking that it’s also an extremely risky activity, as Sykes can surely tell because of his decades of expertise.
Since his initial beginnings in his late years in high school, Tim Sykes has, since then, earned more than $6 million in profits through his lengthy career as trading professional. When he was 25 years old, he had been given greater exposure and an even wider reach of influence as a participant in the reality TV show “Wall Street Warriors.” Then, he took advantage of it to establish trading rooms, penny stock themes, and educational content geared toward people who are brand new to trading. He also helped establish Profit.ly as a place 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 tools, trade alerts as well as other useful information provided by the company’s internal gurus. These gurus refer to the trading experts who have proven to make substantial profits from their combined years of experience. Timothy Sykes 2021 Program
At its peak, Profit.ly had housed up to five gurus, each of them a pro in their niche in the field of trading. Some of the prominent experts were Connor Bruggermann, Nathan Michaud of Investors Underground, and Triforce among others. At the time of 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. When we take that into account we’ll take a look at what packaged deals each guru has to offer.
From Tim Sykes Tim Sykes: Tim’s Alerts
Sykes provides basic stock trading services with the main priority being penny-stock day trading via Tim’s Alerts. The cost is $74.95 for a month you will see him focus on the fundamental stock catalysts and use them to forecast the next move that is possible when trading.
A single purchase of Tim’s Alerts will get you access to the chatroom and the mobile app that’s available to iOS and Android devices; texts, emails and push alerts; and a daily stock watchlist.
Tim Sykes: From Tim Sykes: The Pennystocking Silver Package
Pennystocking Silver is the most premium, upgraded version of the Tim’s Alerts package. At $149.95 per month, this is the perfect plan for those who are committed to the penny-stock market. Pennystocking Silver comes with all the standard features found in earlier plans which includes swing trading alerts as well as unlimited access to a library of more than 7,000 instructional videos, with new ones released weekly.
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From “Superman” Paul Scolardi: Superman Alerts
Scolardi, who goes by the alias “Superman,” is a swing trading professional with an eye for both tiny-cap massive stocks as well as wildly accurate marketing forecasts. Through the years since he began as a trader, Superman has amassed over $5.5 million in all-time trading earnings. Timothy Sykes 2021 Program
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 an access to the day-to-day stock watchlist that is premarket along with the mobile app, the daily market commentary in real time, and SMS and e-mail alerts.
In “Superman” Paul Scolardi: Superman Pro
For $247 per month, you can enjoy additional features and access to an extensive base of knowledge that is 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 daily video lessons, which include a growing library of all other previous ones. Additionally you’ll also gain access to premium research reports and an IPO as well as earnings tracking tool.
Profit.ly Plans and Costs
If you’re eager to join the world of online trading and make a mark on the industry, Profit.ly has the right amount of resources to help you started. The platform offers three membership tiers, each designed for traders with different levels. Let’s take a look at what these three levels are and what they’ll 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 world of trading. As you sign up for this package, you will be immediately offered a range of strong and essential trading tools, each of which is essential to keep your hands on what we can describe as a cutthroat process by itself.
Among the list of things you can do with Profit.ly’s Novice package include the ability to verify the results of your trades and track profit; leading, following, and even messaging your fellow traders; and providing feedback on trades today. You can also get on leaderboards, analyze, sort, as well as filter trades and, finally, see other’s stats.
The Novice plan will cost $29.95 per month. While it may look attractive just by the price, there is a downside. You can’t create a private profile, which makes your activities publicly available. If you’re looking to have the benefit of this service, you should be watching for us to introduce to you Profit.ly’s next strategy.
Trader Plan
The Trader package lets you to use a majority of features from 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 intel in the trading community.
Priced at $49.95/month, Profit.ly’s Trader plan will do what the name implies catering for those looking to develop their expertise in trading. While it’s nice but there’s one important element that’s missing. In contrast to the Novice package, you won’t be able to view the statistics of other traders that might be a drawback for those looking forward to this tier. Timothy Sykes 2021 Program
Pro Plan
This is by far the most expensive plan Profit.ly offers to experienced traders. At $74.95 per month, and a 22% discount when billed annually, this tier has it all. It gives you full, unlimited access to all options of the prior plans.
Not only do you get to look at other people’s statistics and data, but you also have the option of creating a private profile. Both of these features, plus the other benefits that you can use to the maximum extent. If you’re looking for an option that gives you with everything you require as an experienced trader, the Pro tier could be for you!
Profit.ly’s Other Services
In addition to the training tools and the leadersboards Profit.ly provides a variety of additional services that it can provide. One of those is its online store, where customers can choose from a wide array of videos that are designed to educate and guide you through the nuances and pitfalls of trading. Each of the offerings listed in this section of the website is available to be purchased immediately for personal use. These include best-selling products such as”Trading Tickers, “Trading Tickers” series by trader expert Tim Grittani, Timothy Sykes’s collection of DVDs, streaming-only content related to penny stocking, short stocking, as well as all things trading-related, clips and clips taken from events like the Annual Pennystocking Conference, and items from other experts in trading.
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The chat rooms that are integrated are included in Profit.ly’s array of features and services. You’re probably familiar with the concept of the chat room since you can find it throughout messaging and social platforms, as well as some specialty websites that provide live chat support. But in Profit.ly the chat room is viewed as a real-time area where experts and members can interact and learn in real time. Every guru has their own way in operating their chat room and in dealing with the members there. Some may be a laid-back person who is less engaged, while another could be more online and communicative with their students. Think of chat rooms like Profit.ly’s version of a forum, in the essence.
Who is the best Trader for Profit.ly?
Profit.ly’s wide range of products and features cater to the wide range of stock trader types, from beginners to experienced pros. Given the wide range of options it has to offer this platform definitely has something for everyone.
For instance, newbies will enjoy Profit.ly’s collection of educational materials available across the platform. Not only will they get daily videos and chat room advice from the in-house experts as well as their members. Additionally, they can select from the products on its store online that they can take with them wherever they may travel. Additionally, they can gain practical experiences from trading within the platform, but ultimately they’ll be able to realize that trading is a high stakes game that should not be viewed as an opportunity to make fun of.
For traders who have decades of experience in the line, we believe Profit.ly equally suited to them as those who are just starting. Although the novices might not be as well-equipped with dealing with trading issues, the pros already understand the way it functions and the plethora of risks associated with it. It is ideal to use Profit.ly’s array of options to their maximum advantage to develop their trading skills. As beginners, they are able to study from the gurus as well as experts, and take advantage of short tips and tricks throughout the process.
Profit.ly’s ‘all-together’ nature doesn’t just apply to newbies and semi-experienced traders. Certified experts can also take part in the fun! Trade professionals who are at the same level as Superman and Tim Sykes can also use Profit.ly’s capabilities. Profit.ly’s abilities to show off their skill to others in order to guide them through the ever-illustrious trading process. Timothy Sykes 2021 Program
Profit.ly’s Pros and Cons
The Pros
- Profit.ly’s diverse capabilities as a ‘one-stop’ stock trading platform enable traders from all over the world with tons of learning communications, trading, and communication tools
- You will receive excellent training and tips from the internal experts, which include libraries of educational videos and trading in real-time.
- You’re guaranteed transparency throughout Profit.ly by using accurate data as well as fellow traders ready to call you out if something occurs.
- The leaderboard feature of the platform offers you the chance to establish your reputation as a reliable and dependable trader
- Apart from its main abilities, Profit.ly also gives its users extra options to suit their preferences, such as posting trades that are not authentic by taking images
- Profit.ly’s wide array of subscription plans and guru packages are priced at reasonable prices – there truly is something for everyone
The Cons
- Profit.ly’s numerous packages and services offered could not be enough for a lot of its users
- If traders decide to post any kind of trade, there is a possibility that some of them may take advantage by selecting the best trades in order to increase the rating this could be a problem that shouldn’t be overlooked.
- Profit.ly does not offer refunds as the premium customers are expected to instantly benefit from the many services the platform has to offer
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The Final Concluding Question: Is Profit.ly Valued?
If we could think of an answer to this question, it would be an affirmative “yes”. But you need to understand that it shouldn’t be treated as a quick-fix scheme to make money. The platform wasn’t originally intended to be created to achieve this goal. Instead, you need to have curiosity. Timothy Sykes 2021 Program
What we are referring to by ‘yes’ is that it can be a great learning tool. Those who may be stuck could discover Profit.ly’s array of resources useful when they try their best to avoid losses and be more successful than before. It’s not just 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 really care about being better at trading and wish to learn from your fellows and gurus along the way, then you should look no further than Profit.ly. Profit.ly could be a good alternative to start.
FAQ Timothy Sykes 2021 Program
How do you use Profit.ly to post your trades?
Profit.ly offers a trade entry portion within the “My Trade section of the dashboard. It allows you to post your trades, either verified or otherwise. There are three choices:
- Linking your account to the brokerage of choice and then importing the trades from that directly
- Manually entering your trades using specified spaces and information.
- Send a screen shot of your transactions
How can I tell if the trade is verifiable or not?
If you purchase your trade from a reputable brokerage, there is an excellent chance that it is verifiable. This is evident by the small blue check. If you post it in a manual way or by taking pictures, it will be classified as unverified.
The downside of having an unauthentic trade is the possibility of getting downvotes from your colleagues. If you receive too many negative votes, it could cause you to show up at the top of the Madoff leaderboard, where people are able to identify who is dishonest in posting trades.
Are the Profit.ly mobile app still available?
As of this writing, Profit.ly is still available for download on the Apple App Store and in the Google Play store. The mobile app version works with all operating tablets and smartphones.
How many are on Profit.ly?
Profit.ly currently houses over 150,000 traders and investors, because they are not just seeking to make the most profit but also to help one another learn and improve in acquiring stock market opportunities all over the world.
