The stock market can be a high-stakes game. On certain days, you could be reaping the benefits of positive and satisfying numbers. On other days you may experience the opposite and it can be extremely difficult to get back to where you were your best. If you find yourself always in the mud it is important to recognize that relying on instinct and survival might not be enough.
If you’ve suffered losses from time to time, you’re gonna be needing solid advice from seasoned and tested trading experts. Additionally, you’ll require a significant boost from your colleagues in the market from all over the globe, which is why we’ve discovered an online platform that will help you to improve your performance in the market. This review will take a look at Profit.ly A well-respected 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 Aitx
The User’s Experience 4.5/5
Profit.ly can be described as an online platform for trading that enables traders of all levels to be informed, transparent, accountable, and uplifting with each other by offering a wide array of tools and features such as chat rooms, trade verification and a rich library of educational material.
How do I define Profit.ly?
Profit.ly is a trading website that functions as a learning and education platform for those who are starting out and as a hub for traders with experience to keep track of their performance through the use of sophisticated analytics tools. Providing users with a wide variety of tools for communication and trade, it helps traders from all walks of life connect with one another. It offers gurus with an opportunity to invest in the right areas of the platform. Imagine it as a social media site akin like Facebook and Reddit but with a focus on professionals and traders.
Profit.ly independently checks the performance of trades and posts all the data from them in the form of leaderboards. The platform’s trading model is based on trust and transparency. it ensures that the trades are authentic and won’t accept fake news as long as is humanly possible. It was established in the past by penny stock trade expert and investment guru Timothy Sykes, along with his colleague Michael Mosseri.
One time during his appearance in Forbes publication, Sykes stated that Profit.ly was driven by its focus “on the transparency of the entire spectrum of trades, something which was never done before.” This idea Sykes said served two purposes: 1) making public records for all traders, not just the gurus, but also the newsletter writers and students and secondly) giving all users to gain insight into both the wins and losses to benefit the industry of trading. Timothy Sykes Aitx
How Does It Perform?
Profit.ly is a subscription-based platform that lets stock traders gain access to a multitude of tools and services that are geared towards achieving the success of their business. You may set up an account there for free, but you’re limited to the ability to navigate through the leaderboard and follow the actions of non-gurus. If you’re looking to invest your money to see which stocks the gurus are trading in real-time it is necessary to subscribe to any of Profit.ly’s offerings that we’ll review in the coming days.
Making an account easy: create a profile with your experiences and knowledge, then connect your brokerage account, and you’ll be given an opportunity to make your way to the top of the leaderboard. Profit.ly’s leaders’ board feature as mentioned previously it is designed to provide its users a look at the performance of the trading community as well as its experts. You’re not just allowed to prove that you’re worthy to the community of traders. You can also utilize Profit.ly to buy with a professional with the confidence that you are confident with their expertise and the credibility of their assertions.
If you feel uneasy with the idea of divulging the details of your broker account you may choose to publish your trades, either verified or not, by taking photographs. Also included in Profit.ly are the vast number of trading classes, the ability to view statistics on a person’s profile as well as other ways to communicate with your gurus through the chatroom as well as 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 his involvement in the penny-stock market. According to Investopedia the term “penny stock” refers to a small company’s stock that trades for under $5 for each share. The penny stock market could be viewed as an avenue for small-scale businesses to make the transition into a larger market because they can access funds from the general public. But don’t make the mistake of thinking that it can also be a high-risk game, which Sykes will be able to tell you because of his decades of expertise.
From his beginnings in his late years in the high schools, Tim Sykes has, since then, earned an estimated $6 million earnings during his long and successful career as a trader. At 25 years old, he had been given more exposure and a wider impact when he was a part of the reality series “Wall Street Warriors.” He then used the opportunity to establish trading rooms, penny stock themes, and educational material aimed at those who are new to trading. He also played a role in establishing Profit.ly as a platform for openness, and for the community to uplift 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 and other helpful stuff provided by the in-house experts of the platform. These gurus refer to the trading experts who have earned significant amounts of profit from their combined years of experience. Timothy Sykes Aitx
At its peak, Profit.ly had housed up to five gurus, each of them a professional within their particular field in the trading industry. Some of the most famous experts were Connor Bruggermann, Nathan Michaud of Investors Underground, and Triforce, among a few others. As of this writing, however, only two gurus remain on the platform: the founder of the penny stock market Tim Sykes and veteran smallcap swing trader Paul Scolardi, also known as Superman. When we take that into account, let’s take a look at the packages each guru can offer.
From Tim Sykes Tim Sykes
Sykes provides basic stock trading services which focuses on penny stock day trading through Tim’s Alerts. The cost is $74.95 for a month you’ll be able to be able to see him concentrate on the basic stock catalysts and employ them to predict the next moves that could occur when trading.
A purchase on its own of Tim’s Alerts will get you access to the chatroom as well as the mobile app that’s available on iOS and Android devices, email, text and push alerts and a daily stock watchlist.
from Tim Sykes: The Pennystocking Silver Package
Pennystocking Silver is the highest-quality version that has been upgraded of the Tim’s Alerts package. Priced at $149.95 monthly, it is the perfect plan for those who are committed to the penny-stock market. Pennystocking Silver includes all the basic features of prior plans, such as swing trading alerts as well as unlimited access to a rich library of more than 7,000 instructional videos and new videos released each week.
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From “Superman” Paul Scolardi: Superman Alerts
Scolardi who goes 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. In the time since he began as a trader, Superman has amassed over $5.5 million in trading profits. Timothy Sykes Aitx
The Superman Alerts plan is his offering of essential features and trading alerts geared to those interested. For $147/month, you’ll get access daily stock watchlist that is premarket and the mobile app, daily market updates in real-time, as well as E-mail and SMS alerts.
The film “Superman” Paul Scolardi: Superman Pro
For the price of $247, you receive additional features, as well as access to an extensive base of knowledge provided by Superman himself through his Superman Pro package. Alongside the standard features included in the Alerts package, Superman Pro gives you daily video lessons, which include a growing library of all other previous ones. Additionally you’ll also gain an access to high-quality research papers and an IPO as well as earnings tracking tool.
Profit.ly plans and costs
If you’re looking to join the trading community on the internet and make a mark on the industry, Profit.ly has the right amount of resources to help you up and running. The platform offers three membership levels that are designed to accommodate traders of different levels. Let’s look at what the three tiers 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 trading world. As you sign to this plan, you will be immediately offered a range of strong and essential trading tools, each of them integral in keeping your fingers on what we can describe as a cutthroat process by itself.
Among the list of things you can do with Profit.ly’s Novice program is the ability to verify the results of your trades and track profit; leading, following and even texting your fellow traders; and providing feedback on trades today. You’re also allowed to get onto leaderboards; study your trades, sort or filter the trades you make and, lastly, view other’s stats.
The Novice plan costs $29.95 per month. While it may look attractive for the price alone but there’s a disadvantage. You can’t create a private account, making your activities publicly available. If you do want to have the benefit of this service, you should be watching for us to introduce to you Profit.ly’s next plan.
The Trader package allows users to benefit from the majority of features available in The Novice package. It is in this plan that you can set up a private profile for sharing with fellow associate users all the insights and intel in this trading group.
The price is $49.95/month, Profit.ly’s Trader plan will do what the name implies: Cater for those looking to develop their expertise in trading. Although it’s a nice thing, there is one significant aspect that’s not included. Unlike the previous Novice package, you will not be able view other traders’ stats, which could be a disadvantage for those looking forward to this tier. Timothy Sykes Aitx
The Professional plan can be described as the highest expensive plan Profit.ly offers to experienced traders. With $74.95 per month, and an additional 22% discount when billed annually, this tier has everything. You will have full, unrestricted access to all options of the previous plans combined.
You’re not only able to look at other people’s statistics as well, you’re also offered the option of creating a private profile. These two features are plus the other advantages you’ll be able to use to their fullest capacity. If you’re in search of an account that will give you everything you need as an experienced trader, the Pro tier could be the right choice for you!
Profit.ly’s Other Services
Apart from the trainer tools and leadersboards Profit.ly provides a variety of more services it has to offer. One of them is the online store, which lets users pick from a range of videos that are designed to educate and guide you through the ins and outs of trading. All of the products featured on this page of the website is available to be immediately purchased for personal use. Among these products include best-sellers such as”Trading Tickers,” the “Trading Tickers” series by trader expert Tim Grittani, Timothy Sykes’s collection of DVDs, streaming-only content about short stocking, penny stocking, as well as all related to trading, videos and footage from the Annual Pennystocking Conference, and products from other expert traders.
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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 the concept of chat rooms since you can find it throughout social and messaging platforms, in addition to a few special websites that offer live chat assistance. But in Profit.ly the chat room is viewed as a place where gurus and their member traders can communicate and share knowledge in real-time. Every guru has their own style when it comes to running their chat room and dealing with the members there. One of them may be laid back and rarely engaged, while another could be more online and communicative with their students. Think of chatrooms as Profit.ly’s version of the forum in the essence.
Who is the ideal trader to Profit.ly?
Profit.ly’s variety of offerings and features cater to the wide range of stock traders, ranging from novices to experienced professionals. Considering the number of offers it can provide this platform definitely has something for everyone.
For instance, newbies can take advantage of Profit.ly’s library of learning content offered throughout the platform. Not only will they be enriched with weekly videos and chat room advice from the in-house experts and members. Additionally, they can choose from the items from its online store for them to take wherever they may go. You can also get hands-on experiences by trading through the platform, but ultimately, they will soon learn that the process is a high-stakes game that shouldn’t be taken as an opportunity to make fun of.
For those traders who have had years of exposure down the road, we consider Profit.ly as equally as suitable to the newcomers. Although the novices might not be as proficient in handling trading matters however, experienced traders know how it works along with the stack full of risks associated with it. Ideally, they may make use of Profit.ly’s range of options to their maximum advantage to develop their trading abilities. Like novices, they can learn from the top experts as well as experts, and take advantage of short tips and tricks to help them along.
Profit.ly’s “all-inclusive” nature doesn’t just apply to newbies or semi-experienced trader. Certified experts can also take part in the excitement! Those in the trading industry who are on the same level as Superman or Tim Sykes can also use up Profit.ly’s capabilities to showcase their expertise to other traders in order to assist them in the ever-changing trading process. Timothy Sykes Aitx
Profit.ly’s Pros and Pros and
- Profit.ly’s many capabilities as a “one-stop” stock trading platform enable traders across the globe with an abundance of knowledge tools, communication, and trading tools
- You’ll be provided with excellent lessons and tips from the in-house gurus, including video libraries that teach you how to learn and live trading activity.
- You’re assured of transparency throughout Profit.ly by using accurate data and fellow traders who are ready to reach you when something goes wrong.
- The leaderboard feature of the platform offers you the chance to establish your credibility as a trustworthy and authentic trader
- Apart from its main capabilities, Profit.ly also gives its users extra options to suit their individual preferences, for instance, posting trades that are not authentic by taking screenshots
- Profit.ly’s diverse range of subscription plans and guru packages are priced at affordable rates – there truly is something for every person
- Profit.ly’s abundance of packages and products offered may be too much for most of its users
- Since traders can choose to open any kind of trade, there is an opportunity that some them will profit by cherry-picking the best trades to improve their ratings This could be a concern that should not be overlooked.
- Profit.ly will not allow refunds, as its premium users will immediately benefit from the many services that the platform can offer
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The Final Concluding Question is: Is Profit.ly worth it?
If we could think of the answer, it would be an affirmative “yes”. But it is important to realize that it shouldn’t be treated as a get-rich-quick scheme. The platform wasn’t originally meant to be designed to achieve this goal. Instead, it is best to keep an open mind. Timothy Sykes Aitx
What we are referring to”yes” is it can be a great learning tool. Those who may be stuck might discover Profit.ly’s variety of resources useful in their efforts to incur lesser loss and perform better than before. It’s not just the struggling traders that will benefit from the platform. It can accommodate beginners and even experts!
If you really care about being better at trading and wish to be taught by your mentors and peers on the way, take a look at Profit.ly. Profit.ly may be a great choice to start.
FAQ Timothy Sykes Aitx
What are the best ways to use Profit.ly to publish your trades?
Profit.ly offers an entry section for trades under the ‘My Trade category on the dashboard which lets you post your trades, either verified or otherwise. You may choose between three options:
- Connecting your account to your broker of choice and import transactions directly through there
- Manually entering your trades into the spaces provided and details
- Upload a screenshot of your trades
How do I know whether the trade is authentic or not?
If you buy your trade through a reliable brokerage, there is a high chance that it is verifiable. This is evident by the blue check mark. If you submit it in a manual way or by taking screenshots, it will automatically be classified as unverified.
The disadvantage of an unauthenticated trade is the possibility of receiving negative feedback from colleagues. If you receive too many negative votes, it could cause you to show up on the Madoff leaderboard, where people can see who’s dishonest in posting trades.
Does the Profit.ly mobile app still available?
At the time of writing, Profit.ly is still available for download on the Apple App Store and the Google Play store. The mobile version of the app works with all operating tablets and smartphones.
How many are connected to Profit.ly?
Profit.ly currently houses over 150,000 investors and traders, as they not only are looking to earn maximum profits but also to help one another grow and learn more about acquiring opportunities in the stock market left and right.