Stock trading can be an extremely risky game. On some days, you might be reaping the benefits of pleasing and positive numbers. On other days you may experience the opposite and it can be extremely difficult to return to the point you were at your peak. If you are immersed in the water, you will have be aware that relying solely on your instincts and preserving may not always be enough.
If you’ve been incurring losses from time to time, you’re gonna be needing solid advice from seasoned and tested trading experts. You’re also gonna need an enormous boost from your trading partners from all over the world, which is why we’ve discovered an option that can help you in your growth in the market. In this review, we’ll be taking an in-depth look at Profit.ly is a well-known 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 Alpp
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 to build relationships with each other by offering a wide range of features and tools including trade verification, chat rooms as well as an extensive library of educational content.
How do I define Profit.ly?
Profit.ly is a site for trading that serves both as a learning and training platform for traders who are starting out and as a hub for experienced traders to track their performance through the use of sophisticated analytics tools. It provides users with a vast variety of tools for communication and trade, it helps traders from all walks of life connect with one another. It offers gurus with worthy investments within the boundaries of the platform. Think of it as an online social media platform similar like Facebook and Reddit but with a focus on experts and traders.
Profit.ly independently checks the performance of trades and posts all the data from them in the style of leaderboards. The platform for trading is built on honesty and transparency: it ensures that the transactions are legitimate and will not accept fake news as long as it is possible. It was founded many years ago by penny expert in stock trading and investment guru Timothy Sykes, along with the other expert Michael Mosseri.
One time during his interview with Forbes publication, Sykes declared that Profit.ly was motivated by its focus “on the transparency of all trades, something that was never prior to.” The idea Sykes said served two purposes: 1) creating public track records for all traders, not just the gurus as well as newsletter authors and students and secondly) giving all users to learn from the losses and wins to the benefit of the trading industry. Timothy Sykes Alpp
How Does It Work?
Profit.ly follows a subscription-based model which allows stock traders to have access to a range of services and features geared towards achieving success. You can create an account for free, but you’re only given access to the leaderboards and monitor the actions of non-gurus. If you’re interested in investing your money in order to find out which stocks the gurus are trading in real time it is necessary to sign up to one of Profit.ly’s offerings, which we will review in the coming days.
Setting up an account is easy: create an account that includes your personal information and knowledge, then connect to your brokerage account and you’ll have a chance to shoot your way up to high on the leaderboard. Profit.ly’s Leaderboard function, which was we’ve mentioned earlier, is designed to give its users a glimpse of how the community of traders performs and its gurus. You’re not just allowed to show value to a group of traders, but you are also able to use Profit.ly to shop with a guru, and have the confidence that you are confident of their knowledge and the veracity of their assertions.
If you are unsure about the idea of divulging your brokerage account, you can decide to share your trades, either verified or not, via photographs. In Profit.ly are the vast number of trading courses as well as the ability to look at stats in a trader’s profile, and more ways to communicate with your gurus via chatrooms 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 trading personality who is well-known for delving his hands into trades in penny stocks. According to Investopedia the term “penny stock” refers to a small-sized company’s shares that trade for under $5 for each share. Penny stock trading can be seen as a stepping stone for small businesses to transition to a large marketplace as it allows them to access money from the general public. However, don’t get it wrong – it can also be a high-risk game, which Sykes can surely tell through his many years of expertise.
From his beginnings at the end of his time in High School, Tim Sykes has, since then, earned an estimated $6 million profits through his lengthy career as a trader. When he was 25 years old Sykes was given greater exposure and an even wider impact when he was a part of the reality series “Wall Street Warriors.” He then made use of the show to develop trading rooms as well as penny stock themes and educational content geared toward those who are new to the trading field. He also helped establish Profit.ly as a place for openness, and to allow the community to rise and compete against each other through the platform.
The Profit.ly Gurus
One of Profit.ly’s amazing features is the vast array of educational resources, trade alerts, and other helpful stuff provided by the company’s internal gurus. The gurus in question refer to experts in the field of trading who have earned significant amounts of profit from their collective years of knowledge. Timothy Sykes Alpp
At its height, Profit.ly had housed up to five gurus, all of them a pro in their field of expertise within the world of trading. Some of the prominent experts included Connor Bruggermann, Nathan Michaud of Investors Underground, and Triforce among others. As of this writing, only two gurus remain on this platform: Founder as well as penny-stock trader 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 packaged offers each guru offers.
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. At $74.95 for a month you’ll see him focus on the fundamental catalysts for stocks and utilize them to anticipate the next move that is possible when making trades.
A single purchase of Tim’s Alerts will get you access to the chatroom, as well as the mobile app available for iOS as well as Android devices, as well as 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. It costs $149.95 monthly, this is a great option for those who are committed to investing in penny stocks. Pennystocking Silver comes with all the standard features of the previous plan, including swing trading alerts and unlimited access to an extensive library of more than 7,000 instructional videos, with new ones released each week.
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From “Superman” Paul Scolardi: Superman Alerts
Scolardi who is known under the alias “Superman,” is a swing trading professional with an eye for small-cap monumental stocks and crazy-accurate marketing forecasts. Through the years since the time he started trading, Superman has amassed over $5.5 million in total trading earnings. Timothy Sykes Alpp
The Superman Alerts plan is an package of vital features and alerts on trading geared towards those who might be interested. For $147 per month, you’ll gain an access to the day-to-day premarket stock watchlist as well as the mobile app, daily market updates in real time, and E-mail and SMS alerts.
In “Superman” Paul Scolardi: Superman Pro
For the price of $247, you receive additional features, plus access to the extensive knowledge base provided by Superman himself via Superman Pro. 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 the previous ones. In addition, you’ll also get an access to high-quality research papers as well as an IPO as well as earnings tracking tool.
Profit.ly Plans and Costs
If you’re eager to join the online trading community and make a mark on the industry, Profit.ly has the right amount of tools to get you up and running. The platform offers three membership levels that are designed to accommodate traders of different levels. Let’s break down what these three tiers are and how much they’ll cost you.
Novice Plan
This package for novices is Profit.ly’s entry-level plan designed especially for those who are new to the world of trading. Once you have signed up for this plan, you will be immediately provided with a variety of powerful and vital trading tools, each of which is essential to keep your fingers on what we call a competitive process in and of itself.
Some of the features you can accomplish using Profit.ly’s Novice package is the ability to confirm trades and track profits and follow-up, leading and even chatting with other traders; and providing feedback on trades today. You’re also allowed to get on leaderboards, analyze, sort, or filter the trades you make; and, lastly, view the statistics of other traders.
The Novice plan costs $29.95 per month. Although it might look appealing just by the price however, there’s a drawback. It isn’t possible to create a private account, making your activities publicly available. If you’re interested in have the benefit of this service, keep an eye on us as we present to you Profit.ly’s next strategy.
Trader Plan
The Trader plan allows you to take advantage of the majority of features available in the Novice plan. In this plan, that you are able to create an account that is private to share with other associates all your insights and intel in trader’s community.
Priced at $49.95/month, Profit.ly’s Trader plan does what the name suggests catering people who want to develop their skills in trading. Although it’s a nice thing but there’s one important aspect that’s not included. As opposed to the prior Novice package, you won’t be able view other traders’ statistics that could be a problem for those anticipating this level. Timothy Sykes Alpp
Pro Plan
This is by far the most premium package that Profit.ly can offer to experienced traders. With $74.95 each month with an additional 22% discount for annual billing This plan offers it all. You get full, no-holds-barred access to all features of the previous plans.
Not only do you get to see other users’ stats and data, but you also have the chance to create your own private profile. Both of these options, plus the other benefits that you can use to the maximum extent. If you’re in search of an option that gives you everything you need as trader with experience, the Pro plan is ideal for you!
Profit.ly’s Other Services
In addition to the trainer tools and leadersboards Profit.ly has a few other services they provide. One of those is its online store, which lets users pick from a range of video products designed to inform and guide you through the nuances and pitfalls of trading. All of the products featured on this page of the website is available to be purchased immediately for personal use. Some of these include bestsellers such as the “Trading Tickers” series by trading professional Tim Grittani, Timothy Sykes’s collection of DVDs, streaming-only content on short stocking, penny stocking, and all other things trading-related, clips and scenes taken from events like the Annual Pennystocking Conference, and products from other expert traders.
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Chat rooms integrated into Profit.ly are included in Profit.ly’s array of features and services. You are probably familiar with the concept of chat rooms since you can find it throughout messaging and social 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 space where experts and their members can interact and exchange knowledge in real-time. Every guru has their own style in running their chat rooms and dealing with the listed members. One of them may be laid back and rarely engaged, while another could be more online and communicative to their pupils. Consider chatrooms as Profit.ly’s version of the forum, in the essence.
Who is the ideal Trader for Profit.ly?
Profit.ly’s diverse range of products and features are geared towards an array of stock traders, from novices to experienced professionals. With the variety of deals it offers, the platform surely has something for every person.
For instance, newbies can take advantage of Profit.ly’s library of learning materials available across the platform. In addition, they will get daily videos and chat room tips from its in-house gurus as well as their members. They’ll also be able pick from the merchandise available on its store online for them to take wherever they be. They can also gain hands-on experience trading on the platform, however they’ll be able to realize that this is a high stakes game that should not be viewed as an amusing pastime.
For traders who have decades of experience in the road, we consider Profit.ly equally suitable to them as those who are just starting. Although the novices might not be as proficient in managing trading however, experienced traders know how it works along with the risky mix that come with it. In the ideal scenario, they can use Profit.ly’s variety of features to their full advantage to improve their trading skills. Like beginners, they can learn from the top experts and experts and utilize those quick tips and tidbits along the way.
Profit.ly’s ‘all-together’ nature doesn’t just apply to newbies or semi-experienced trader. Verified experts can also join in the enjoyment! People in the trade industry who are at the same level as Superman as well as Tim Sykes can also use Profit.ly’s capabilities. Profit.ly’s capabilities to showcase their skills to others as a way to help guide them through the ever-illustrious trading process. Timothy Sykes Alpp
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 an abundance of knowledge communications, trading, and communication tools
- You’ll be taught by experts and tips from the internal experts, which include video libraries that teach you how to learn and trading in real-time.
- 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 on the platform gives you the chance to establish your credibility as a trustworthy and dependable trader
- Apart from its main abilities, 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 variety of subscription plans and guru packages are priced at a reasonable cost There is truly something for every person
The Cons
- Profit.ly’s bountiful stream of packages and services offered could not be enough for most of its customers
- Since traders can choose to post any kind of trade, there is the possibility that some of them could profit from picking the most profitable trades to boost their rating This could be a concern that should not be ignored.
- Profit.ly does not offer refunds, as the premium customers will immediately take advantage of the numerous services the platform has to offer
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The Final Concluding Question is: Is Profit.ly Worth It?
If we were able to 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 scheme to get rich quick. The platform was not always intended to be created in this way. Instead, you should have the ability to think with an open heart. Timothy Sykes Alpp
What we mean”yes” is that it could be a useful learning tool. For those who are struggling, they might be able to find Profit.ly’s range of resources useful when they try their best to incur lesser losses and perform better than before. Not only struggling traders who will benefit from the platform. It is able to accommodate novices and even experts in the field!
So, if you genuinely care about being more successful in trading and would like to learn from your fellows and gurus along the way, then you should look no further than Profit.ly. Profit.ly may be a great alternative to start.
FAQ Timothy Sykes Alpp
How do you use Profit.ly to post your trades?
Profit.ly offers a trade entry portion within the “My Trade’ category of the dashboard. It allows you to post your trades, verifiable or otherwise. There are three options:
- Linking your account to the brokerage of choice and importing transactions directly through there
- Manually entering your trades into specified spaces and information.
- Take a photo of your trades
How do I know whether the trade can be verified or not?
If you purchase your trade from a reputable brokerage, there’s a high probability that it’s verifiable. This is shown by the small blue check. If you submit the information manually or via pictures, it will be assigned as unverified.
The disadvantage of an unauthenticated trade is the risk of receiving downvotes from colleagues. Too many downvotes may cause you to be listed in the Madoff leaderboard, where users can see who’s dishonest in posting trades.
Are the Profit.ly mobile application still available?
As of the moment, Profit.ly is still available to download from the Apple App Store as well as the Google Play store. The mobile app version is compatible with the majority of working smartphones and tablets.
How many people are using Profit.ly?
Profit.ly currently houses more than 150,000 investors and traders since they’re not just trying to maximize profits but also to help one another learn and improve in acquiring opportunities in the stock market left and right.
