Stock trading is an exciting game with high stakes. On some days, you could be reaping the benefits of positive and satisfactory numbers. On other days, the opposite may happen and it could be very difficult to return to where you were your most productive. If you’re constantly stuck in the gutter You will need be aware that relying solely on pure instinct and preservation may not always be enough.
If you’ve been incurring occasional losses, you’re gonna be needing solid advice from seasoned and tested trading experts. Also, you’ll need an enormous boost from your colleagues in the market from all over the world, which is why we’ve found an option that can help you in your growth within the field. In this review, we’ll take the time to 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.
Overall Rating: 4.1/5 Timothy Sykes Affiliate Program
Value: 4.1/5
Quality: 4.1/5
Costs: 4.1/5
The User’s Experience 4.5/5
Summary
Profit.ly is an online trading platform that allows traders of various levels to be knowledgeable, transparent, accountable, and uplifting with each other through its broad range of features and tools such as chat rooms, trade verification and a rich library of educational content.
How do I define Profit.ly?
Profit.ly is a trading website that functions as a training and learning platform for those new to trading and as a hub for traders who are experienced to monitor their performance with the help of advanced analytics tools. It provides users with a vast range of resources to facilitate trade and communication, it helps traders from all walks of life network with each other. It gives the gurus worthy investments within the boundaries of the platform. Think of it as an online social media platform similar to Facebook and Reddit but with a focus on professionals and traders.
Profit.ly independently verifies trade performances and posts all the data from them in the style of leaderboards. The platform for trading is built on trust and transparency. it makes sure that trades are authentic and won’t allow for fraud as much as it is possible. It was created many years ago by penny stock trade expert and investment expert Timothy Sykes, along with fellow expert Michael Mosseri.
One time , during an interview for Forbes publication, Sykes said that Profit.ly was based “on the transparency of the entire spectrum of trades, something which was never previously done.” The idea was, he said, serving two purposes: 1) keeping track of public data for everyone, not just the experts as well as students and newsletter writers and secondly) making it possible for anyone on the platform to be enlightened by the losses and wins to the benefit of the trading industry. Timothy Sykes Affiliate Program
How Does It How Does It
Profit.ly utilizes a subscription model that lets stock traders benefit from a variety of features and services aimed at achieving success. You can create an account for free, but you’re limited to access to the leaderboard and observe the activities of non-gurus. If you’re interested in investing your money to see which stocks the gurus are trading in real time, you will need to sign up to one of Profit.ly’s offerings that we’ll review in the coming days.
The process of opening an account is easy: create an account with your experience and expertise, connect your brokerage account, and you have yourself an opportunity to make through high on the leaderboard. Profit.ly’s Leaderboard function, which was previously mentioned, is designed to give its users an insight into their performance as a trading group as well as its experts. You’re not just allowed to prove your worth to a large group of traders, as you can also use Profit.ly to shop with a professional with the assurance that you’re comfortable with their expertise and the legitimacy of their claims.
If you are unsure about the concept of leaking your brokerage account, you may choose to publish your trades, verified or not, via photographs. Also included in Profit.ly are a variety of courses in trading, the ability to view the stats of a trader’s account, and more ways to connect with your gurus in the chatroom, in addition to notifications via email or text as well as updates.
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Meet the Founder: Tim Sykes
Timothy Sykes is a well-renowned day trading guru who has been famously known for his efforts in trades in penny stocks. According to Investopedia the term “penny stock” refers to a small company’s shares that trade for under $5 for each share. Penny stock trading can be seen as a stepping stone for small companies to move to a large marketplace as it gives them access to funds from the public. However, don’t get it wrong – it’s also an extremely risky activity, as Sykes is sure to reveal because of his decades of expertise.
From his beginnings at the end of his time in the high schools, Tim Sykes has, since then, earned more than $6 million in profit during his long and successful career as trading professional. At the age of 25 Tim Sykes had received more exposure and a wider reach of influence as a participant in the reality show “Wall Street Warriors.” He then took advantage of it to develop trading rooms and penny stock themes and educational content geared toward those who are new to trading. He also played a role in establishing Profit.ly as a place for transparency, and to allow the community to rise and compete against each other through the platform.
The Profit.ly Gurus
One of Profit.ly’s most appealing features is the vast array of learning tools, trade alerts and other useful stuff offered by the in-house experts of the platform. The gurus in question refer to the trading experts who have earned substantial profits from their collective years of knowledge. Timothy Sykes Affiliate Program
At its peak, Profit.ly had housed up to five gurus, each of them a professional in their field of expertise in the trading industry. 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, only two gurus remain on this 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 the packages each guru can offer.
From Tim Sykes Tim Sykes
Sykes offers an essential stock trading service that focuses on penny-priced day trading with Tim’s Alerts. The cost is $74.95 monthly, you’ll observe him focus on fundamental stock catalysts and use them to anticipate the next possible moves in trading.
A single purchase of Tim’s Alerts will get you access to the chatroom and the mobile app available on iOS and Android devices, email, text and push alerts; and a daily stock watchlist.
Tim Sykes: From Tim Sykes: The Pennystocking Silver Package
Pennystocking Silver is the highest-quality version that has been upgraded of the Tim’s Alerts program. At $149.95 monthly, it is a great option for those who are involved in investing in penny stocks. Pennystocking Silver offers all the essential features of prior plans, which includes swing trading alerts as well as unlimited access to a library of more than 7,000 instructional videos and new videos released every week.
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From “Superman” Paul Scolardi: Superman Alerts
Scolardi who is known under the name “Superman,” is a trader who has an eye for 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 profits. Timothy Sykes Affiliate Program
The Superman Alerts plan is his offering of essential features and alerts on trading geared toward those who may be interested. For $147/month, you’ll get access daily stock watchlist that is premarket as well as the mobile app, daily market updates in real time, and SMS and e-mail alerts.
In “Superman” Paul Scolardi: Superman Pro
For $247 per month, you can enjoy additional features, as well as access to an extensive base of knowledge of information provided by Superman himself, via his Superman Pro package. Alongside the standard features that are included in the Alerts package, Superman Pro gives you daily video lessons, which include the growing collection of previous lessons. Additionally you’ll also have access to premium research reports and the IPO or earnings monitor.
Profit.ly Plans and Costs
If you’re looking to join the trading community on the internet and make a mark on the market, Profit.ly has the right amount of resources to help you started. Profit.ly offers three membership tiers that cater to traders at different levels. Let’s take a look at what these three tiers are and how much they’ll cost you.
Novice Plan
This package for novices 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’ll be given a slew of robust and indispensable trading tools, all one of them essential in keeping your fingers on what we could call a ruthless process by itself.
Some of the features 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 chatting with other traders; and providing feedback on trades today. You’re also allowed to get on leaderboards, analyze the results of your analysis, sort, and filter your trades; and lastly, look at other people’s statistics.
The Novice plan costs $29.95 per month. Although it might look appealing simply because of the price but there’s a disadvantage. It isn’t possible to create a private account, making your personal information public. If you’re looking to have an account with this option, keep an eye on us as we present to you Profit.ly’s new plan.
The Trader Plan
The Trader package allows you to take advantage of a majority of features from the novice plan. In this plan, that you can create an account that is private for sharing with fellow associates all your 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 caters people who want to harness their trading skills. Although it’s a nice thing, there is one significant aspect that’s not included. As opposed to the prior Novice package, you will not be able view other traders’ stats that could be a problem for some who may be eager to try this new tier. Timothy Sykes Affiliate Program
Pro Plan
The Pro plan is the most expensive plan Profit.ly offers to experienced traders. It costs $74.95 monthly, which includes an additional 22% discount for billing annually the Pro plan has it all. It gives you full, unlimited access to all the options of the previous plans.
You’re not only able to view other people’s stats, but you’re also given the chance to create a private profile. Both of these features, on top of all the benefits that you can use to the maximum extent. If you’re looking for an account that will give you with everything you require as an experienced trader, the Pro plan is ideal for you!
Profit.ly’s Other Services
Apart from the trainer tools and leaderboards, Profit.ly offers a number of additional services that it can offer. One of those is its online store, which allows users to pick from a range of instructional videos that are created to help you understand the nuances and pitfalls of trading. The products listed in this section of the website can be immediately purchased for personal use. Among these products include best-sellers like the “Trading Tickers” series from trading professional Tim Grittani, Timothy Sykes’s collection of DVDs, streaming-only content related to penny stocking, short stocking, and other related to trading, videos and scenes taken from the Annual Pennystocking Conference, and items from other experts in trading.
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Chat rooms integrated into Profit.ly are also part of Profit.ly’s array of features and services. You may be familiar with chat rooms since you can find it throughout social and messaging platforms as well as some specialty websites that offer live chat assistance. But on Profit.ly it’s seen as a hands-on space where experts and their member traders can communicate and exchange knowledge in real-time. Every guru has their own way 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 less engaged, while another could be more interactive and online in their interactions with 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 are geared towards a large variety of stock trader types, from novices to experienced professionals. Considering the number of offers it can provide, the platform surely has something for everyone.
Newbies, for instance, will appreciate Profit.ly’s collection of educational materials available across the platform. Not only will they get daily videos and chat room advice from its in-house gurus and members. They’ll also be able choose from the items on its store online to carry with them wherever they may go. They can also gain hands-on experiences from trading within the platform, however, they will soon learn that the process is a risky game that shouldn’t be taken as a joke.
For the traders with decades of experience in the line, we believe Profit.ly equally suited to those who are just starting. Although the novices might not be as proficient in handling trading matters however, experienced traders know how it works and the risky mix associated with it. Ideally, they may use Profit.ly’s range of features to their full advantage to enhance their skills in trading. Like beginners, they can learn from the experts and experts and utilize those quick tips and tidbits throughout the process.
Profit.ly’s “all-inclusive” nature isn’t limited to novices as well as semi-seasoned traders. Experts who have been verified can also participate in the enjoyment! Those in the trading industry who are on the same level as Superman or Tim Sykes can also use the power of Profit.ly’s abilities to show off their skill to others as a way to help assist them in the ever-changing trading process. Timothy Sykes Affiliate Program
Profit.ly’s Pros and Pros and
The Pros
- Profit.ly’s numerous capabilities as a “one-stop’ platform for trading stocks allows traders from all over the world with an abundance of knowledge communications, trading, and communication tools
- You’ll be taught by experts and advice from the company’s internal experts, which include libraries of educational videos and trading in real-time.
- You can be sure of complete transparency through Profit.ly with accurate analytics as well as fellow traders ready to call you when something goes wrong.
- The platform’s leaderboard feature gives you the opportunity to increase your reputation as a reliable and verifiable trader
- In addition to its primary abilities, Profit.ly also gives its customers additional options to meet their individual preferences, for instance, posting unverifiable trades through screenshots
- Profit.ly’s wide array of subscription plans and guru packages are priced at a reasonable cost There’s something for everyone
The Cons
- Profit.ly’s numerous products and packages offered might not be enough for a lot of its customers
- 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 improve their ratings this could be a problem that shouldn’t be ignored.
- Profit.ly does not accept refunds as the premium customers are expected to immediately benefit from the many services that the platform can offer
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The Final Verdict The Final Verdict: Is Profit.ly Valued?
If we could think of an answer to this question, it would be a ‘yes’. But it is important to realize that the platform should not be used as a scheme to get rich quick. The platform was not always meant to be designed to achieve this goal. Instead, it is best to keep the ability to think with an open heart. Timothy Sykes Affiliate Program
What we mean”yes” is that it could be a useful learning tool. People who are stuck might find Profit.ly’s variety of resources helpful as they do their best to avoid losses and perform better than before. It’s not only 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 truly care about being better at trading and wish to learn from your fellows and gurus along the way, then take a look at Profit.ly. Profit.ly may be a great option to begin.
FAQ Timothy Sykes Affiliate Program
How can you make use of Profit.ly to make your trades public?
Profit.ly offers the option of allowing trade entries in the My Trade’ category of the dashboard. It lets you record your trades, either verified or otherwise. 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 provided spaces and specifics
- Upload a screenshot of your trades
What can I do to determine whether the trade is authentic or not?
If you purchase your trade through a reliable brokerage, there is the likelihood that it can be verified. This is evident by the blue check mark. If you post it manually or through images, it will be assigned as unverified.
The disadvantage of an unauthenticated trade is the chance of getting downvotes from your colleagues. Too many downvotes may cause you to show up on the Madoff leaderboard, where users are able to identify who is untruthful in submitting trades.
Is the Profit.ly mobile app still in use?
As of this writing, Profit.ly is still available to download from the Apple App Store as well as on the Google Play store. The mobile version of the app is compatible with most operating tablets and smartphones.
How many people are currently using Profit.ly?
Profit.ly is currently home to over 150,000 investors and traders because they are not just trying to maximize profits but also to help one another learn and improve in acquiring opportunities on the stock market all over the world.
