Stock trading can be an exciting game with high stakes. Some days, you could be reaping the benefits of positive and satisfying numbers. However, on other days you may experience the opposite and it could be very difficult to get back to where you were at your peak. If you’re immersed in the water it is important be aware that relying solely on instinct and survival is not always enough.
If you’ve suffered occasional losses You’ll need reliable advice from tested and tried trading experts. Also, you’ll need an important boost from fellow traders from around the globe. That’s why we’ve discovered a platform that can support you in your growth in the market. This review will be taking a 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 Timothy Sykes Above The Line
Value: 4.1/5
Quality: 4.1/5
Costs: 4.1/5
User Experience: 4.5/5
Summary
Profit.ly is an online trading platform that permits traders of all levels to be informative, transparent, accountable, and encouraging each other by offering a wide array of tools and features including trade verification, chat rooms as well as an extensive library of educational material.
What is Profit.ly?
Profit.ly is a site for trading which serves as a learning and training platform for those who are starting out as well as a place for traders with experience to keep track of their performance through the use of cutting-edge analytics tools. It provides users with a vast range of resources to facilitate trade and communication and letting traders from all walks of life connect with each other. It gives the gurus worthwhile investments within the confines that the site. Imagine it as an online social media platform similar to Facebook and Reddit, but for professionals and traders.
Profit.ly independently validates trade performance and publishes all data of them in the manner of leaderboards. The trading platform is built on transparency and honesty: it ensures that the trades are authentic and won’t allow for fraud as much as it is possible. It was created many years ago by penny expert in stock trading and investment guru Timothy Sykes, along with the other expert Michael Mosseri.
In an interview for Forbes publication, Sykes said that Profit.ly was based “on the transparency of every trade, something that has never been previously done.” The concept was, he said, serving two goals: 1.) keeping track of public data for everyone, not just the experts as well as students and newsletter writers, and 2) allowing everyone on the platform to be enlightened by the losses and wins for the trading industry’s benefit. Timothy Sykes Above The Line
How Does It Perform?
Profit.ly follows a subscription-based model that allows stock traders to benefit from a variety of features and services aimed towards achieving achievement. You may set up an account at no cost, however you’re only given the capability to browse the leaderboard and follow the actions of non-gurus. If you’re looking to invest your money in order to find out what stocks the experts are trading in real-time You’ll need to join one of Profit.ly’s offers that we’ll review in the coming days.
Making an account easy: create an account with your experience and knowledge, then connect to your brokerage account, and you have yourself a chance to shoot your way to at the very top of the list. Profit.ly’s leaders’ board feature as mentioned previously was designed to offer its users an insight into the performance of the trading community as well as its gurus. It’s not just a way to prove that you’re worthy to the 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 legitimacy of their assertions.
If you are unsure about the concept of leaking information about your account with a brokerage, you may choose to publish your trades, whether verified or not, via pictures. Also included in Profit.ly are a variety of trading classes as well as the ability to look at stats in a trader’s profile and other methods to interact with your experts in the chatroom, in addition to notifications via email or text 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 well-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 just less than 5 cents per share. Penny stock trading can be seen as an opportunity for small-scale businesses to make the transition to a market that is larger as they can access money from the public. But don’t make the mistake of thinking that it can also be an extremely risky game, as Sykes is sure to reveal thanks to his years of experience.
From his beginnings in the latter years of the high schools, Tim Sykes has, since then, earned over $6 million of earnings throughout his illustrious career as trader. At the age of 25, he had been given greater exposure and an even wider impact when he was a part of the reality show “Wall Street Warriors.” He made use of the show to develop trading rooms as well as penny stock themes and educational material aimed at those who are just beginning to learn about the trading field. He also helped to establish Profit.ly as a place of transparency, and for the community to uplift and compete through the platform.
The Profit.ly Gurus
One of Profit.ly’s most appealing features is the vast array of educational sources, trade alerts as well as other useful information provided by the platform’s in-house gurus. These gurus refer to experts in the field of trading who have earned substantial amounts of money through their years of knowledge. Timothy Sykes Above The Line
At its height, Profit.ly had housed up to five gurus, all of them an expert in their niche in the field of trading. Some of the most prominent experts included Connor Bruggermann, Nathan Michaud of Investors Underground, and Triforce as well as a handful of others. As of this writing, there are only two gurus who 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 Let’s look at what packaged deals each guru can offer.
From Tim Sykes: Tim’s Alerts
Sykes provides an essential stock trading service with the main priority being penny stock day trading through Tim’s Alerts. Costing $74.95 per month, you’ll be able to see him focus on the fundamental stock catalysts and use them to predict the next moves that could occur when trading.
A purchase on its own from Tim’s Alerts will get you access to the chatroom as well as the mobile app that’s available for iOS and Android devices, as well as text, e-mail and push alerts; and a daily stock watchlist.
from Tim Sykes: The Pennystocking Silver Package
Pennystocking Silver is the highest-quality version, with an upgraded version of Tim’s Alerts program. Priced at $149.95 monthly, it is the perfect plan for those who are invested in penny stock trading. Pennystocking Silver comes with all the standard features found in prior plans, which includes alerts for swing trading and access to a rich library of more than 7,000 instructional videos that are updated each week.
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The following video is from “Superman” Paul Scolardi: Superman Alerts
Scolardi who is known under the name “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 he began as a trader, Superman has amassed over $5.5 million in total trading earnings. Timothy Sykes Above The Line
The Superman Alerts plan is an offering of essential features and trading alerts targeted to those interested. For just $147 per month, you’ll have access to the daily premarket stock watchlist as well as the mobile app, daily market commentary in real time, and email and SMS alerts.
In “Superman” Paul Scolardi: Superman Pro
For the price of $247, you receive additional features, as well as access to a knowledgeable base that is provided by Superman himself via Superman Pro. Superman Pro package. In addition to the basic features that are included 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 get access to premium research reports as well as the IPO as well as earnings tracking tool.
Profit.ly plans and costs
If you’re eager to join the trading community on the internet and leave a mark in the field, Profit.ly has the right amount of tools to get you up and running. The platform has three membership tiers that cater to traders of different levels. Let’s take a look at what these three are and how much they’ll cost you.
Novice Plan
The package called Novice is Profit.ly’s basic plan that is designed specifically for those who are just beginning their journey to the trading world. As you sign up for this plan, you will be immediately given a slew of robust and essential trading tools, each of which is essential to keep your fingers on what could call a ruthless process in and of itself.
Among the list of things you can do 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. It also allows you to be on leaderboards; analyze, sort, and filter your trades and lastly, look at other people’s statistics.
The Novice plan will cost $29.95 per monthly payment. Although it looks attractive just by the price but there’s a disadvantage. It isn’t possible to create a private profile, which makes your actions public. If you’re interested in gain access to this feature, you should keep an eye on us as we present to you Profit.ly’s next plan.
The Trader Plan
The Trader plan allows users to benefit from a majority of features from the novice plan. In this plan, that you are able to create a private profile for sharing with fellow associates all your insights and information you have gained from trader’s community.
Priced at $49.95/month, Profit.ly’s Trader plan will do what the name implies catering for those looking to improve their trading skills. As nice as it seems but there’s one important aspect that’s not included. Unlike the previous Novice package, you won’t be able to see other traders’ statistics that might be a drawback for those looking forward to this tier. Timothy Sykes Above The Line
Pro Plan
The Pro plan is the most luxurious package Profit.ly offers to experienced traders. It costs $74.95 per month, and an additional 22% discount when billed annually the Pro plan has it all. You get full, no-holds-barred access to all features of the prior plans.
You’re not only able to view other people’s stats, but you’re also given the option of creating a private profile. Both of these options, plus the other advantages you’ll be able to use to the fullest potential. If you’re in search of an account that will give all the features you need to be an experienced trader, the Pro level is ideal for you!
Profit.ly’s Other Services
Apart from the tools for training and leaderboards, Profit.ly provides a variety of additional services that it can provide. One of these is its online store, which lets users choose from a wide array of videos designed to inform and help you understand the nuances and pitfalls of trading. The products listed in this section of the website is available to be purchased immediately for personal use. Among these products include best-sellers like the “Trading Tickers” series from trading specialist Tim Grittani, Timothy Sykes’s collection of DVDs, streaming-only content on penny stocking, short stocking, as well as all things trading-related, clips and clips from the Annual Pennystocking Conference, and products from other expert traders.
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The chat rooms that are integrated are included in Profit.ly’s array of features and services. You are probably 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 offer live chat support. But on Profit.ly the chat room is viewed as a hands-on place where gurus and their members can interact and learn in real time. Each guru has their style when it comes to running their chat room and in dealing with the members. Some may be more laid back and not very often active, while another might be more interactive and online with their students. Think of chat rooms like Profit.ly’s version of a forum, in the essence.
Who is the ideal trader to Profit.ly?
Profit.ly’s diverse range of products and features are geared towards a large variety of stock traders, ranging from beginners to experienced pros. Given the wide range of options it has to offer it is certain to have something for every person.
Newbies, for instance, can take advantage of Profit.ly’s collection of educational content offered throughout the platform. In addition, they will be enriched with weekly videos and chat room advice from the in-house experts and members. Additionally, they can pick from the merchandise available on its store online to carry with them wherever they may be. They can also gain hands-on experiences from trading within the platform, however they’ll be able to realize that the process is a high stakes game that shouldn’t be treated as an amusing pastime.
For traders who have decades of experience in the road, we consider Profit.ly equally suited for them as it is for those who are just starting. While novice traders may not be as proficient in handling trading matters, the pros already understand the way it functions and the risky mix that it carries. It is ideal to use Profit.ly’s array of options to their maximum advantage to enhance their trading abilities. As beginners, they are able to learn from the experts as well as experts, and take advantage of simple tips and hints throughout the process.
Profit.ly’s “all-inclusive” nature does not only apply to beginners as well as semi-seasoned traders. Certified experts can also take part in the enjoyment! People in the trade industry who are at similar levels to Superman or Tim Sykes can also use up Profit.ly’s abilities to show off their skill to others as a way to help guide them through the ever-illustrious trading process. Timothy Sykes Above The Line
Profit.ly’s Pros and Pros and
The Pros
- Profit.ly’s numerous capabilities as a “one-stop’ stock trading platform allows traders across the globe with a wealth of education tools, communication, and trading tools
- You’ll receive excellent training and advice from the company’s inside experts, as well as collections of educational videos as well as live trading activity.
- You’re assured of transparency throughout Profit.ly with accurate analytics as well as fellow traders who are ready to reach you out if something occurs.
- The leaderboard feature of the platform offers you the chance to establish your credibility as a trustworthy and dependable trader
- In addition to its primary features, Profit.ly also gives its customers additional options to meet their individual preferences, for instance, posting trades that are not authentic by taking screenshots
- Profit.ly’s variety of subscription levels and guru packages are priced at a reasonable cost There’s something for every person
The Cons
- Profit.ly’s abundance of packages and products offered may seem overwhelming for most of its users
- As traders may opt to make any type of trade, there’s the possibility that some of them will profit by selecting the best trades in order to improve their ratings this could be a concern that should not be ignored.
- Profit.ly does not accept refunds because its premium users are expected to instantly benefit from the number of features the platform is able to provide
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The Final Concluding Question The Final Verdict: Is Profit.ly Valued?
If we could come up with an appropriate answer for this query, it would be yes. But it is important to realize that the platform should not be used as a get-rich-quick scheme. The platform wasn’t originally meant to be designed in this way. Instead, it is best to keep curiosity. Timothy Sykes Above The Line
What we do mean”yes” is that it is a fantastic learning tool. For those who are struggling, they may discover Profit.ly’s variety of resources useful as they do their best to incur lesser losses and be more successful than before. It’s not only the poor traders that can profit from the platform. It will be able to accommodate beginners as well as even experts in the field!
So, if you genuinely want to become more successful in trading and would like to learn from your mentors and peers throughout the process, then look no further – Profit.ly could be a good alternative to start.
FAQ Timothy Sykes Above The Line
What are the best ways to use Profit.ly to make your trades public?
Profit.ly offers the option of allowing trade entries under the “My Trade section of the dashboard that allows you to post your trades, either verified or otherwise. There are three choices:
- Connecting your account to your brokerage of choice and then importing trades directly from there
- Manually entering your trades into specified spaces and information.
- Send a screen shot of your transactions
What can I do to determine whether the trade is authentic or not?
If you purchase your trade from a reputable brokerage, there’s an excellent likelihood that it can be verified. This is shown by the blue check mark. If you submit it in a manual way or by taking pictures, it will be assigned as unverified.
The drawback of posting an unverified trade is the chance of receiving negative feedback from fellow peers. A large number of downvotes could result in you appearing on the Madoff leaderboard, where people are able to identify who is untruthful in submitting trades.
Does the Profit.ly mobile application still available?
At the time of writing, Profit.ly is still available to download from the App Store for Apple and in the Google Play store. The mobile version of the app works with all operating tablets and smartphones.
How many are using Profit.ly?
Profit.ly currently houses over 150,000 investors and traders since they’re not just trying to maximize profits but also assist each other to grow and learn more about acquiring opportunities in the stock market all over the world.
