The stock market can be an extremely risky game. Some days, you may enjoy the benefits of positive and satisfying numbers. However, on other days you may experience the opposite and it could be extremely difficult to return to where you were at your most productive. If you find yourself immersed in the water You will need to realize that relying on your instincts and preserving may not always be enough.
If you’ve suffered loss from time to time and you’re likely to require sound advice from tried-and-tested trading experts. Also, you’ll need a significant boost from your trading partners from all over the globe, which is why we’ve discovered an option that can help you in your improvement within the field. This review will be taking a 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. Do check out our article below, however, because it has a comprehensive overview of Profit.ly.
Total Rating: 4.1/5 Timothy Sykes And Jason Bond
Value: 4.1/5
Quality: 4.1/5
Costs: 4.1/5
Users Experience 4.5/5
Summary
Profit.ly is an online trading platform that permits traders of all levels to be knowledgeable responsible, transparent, and uplifting with one another through its wide array of tools and features including chat rooms, trade verification, and an enriched library of educational material.
What exactly is Profit.ly?
Profit.ly is a trading site which serves as a training and learning platform for those who are starting out and as a hub for traders who are experienced to monitor their performance with the help of cutting-edge analytics tools. Providing users with a wide array of options for trade and communication and letting traders from every field of business connect with each other. It offers gurus with worthy investments within the boundaries of this platform. Consider it an online social media platform similar like Facebook and Reddit however it is geared towards experts and traders.
Profit.ly independently verifies trade performances and publishes all data from them in the form of leaderboards. The platform’s trading model is based on honesty and transparency: it ensures that the trades are authentic and won’t tolerate inauthenticity as much as is humanly possible. It was founded many years ago by penny expert in stock trading and investment expert Timothy Sykes, along with the other expert Michael Mosseri.
One time , during an interview with Forbes magazine Sykes declared that Profit.ly was based “on the transparency of all trades, something that has never been done before.” This idea Sykes said served two goals: 1.) keeping track of public data for everyone, not just the experts, but also the newsletter writers and students, and 2) making it possible for everyone on the platform to gain insight into both the wins and losses to the benefit of the trading industry. Timothy Sykes And Jason Bond
How Does It Perform?
Profit.ly follows a subscription-based model which allows stock traders to have access to a range of tools and services that are geared toward success. You can create an account there for free, but you’re limited to the capability to browse the leaderboard and follow the activities of non-gurus. If you’re looking to invest your money to see which stocks the gurus are trading in real time You’ll need to join one of Profit.ly’s deals that we’ll discuss in the near future.
The process of opening an account is easy: create a profile with your experiences and skills, join to your brokerage account, and you’ll be given an opportunity to make through high on the leaderboard. Profit.ly’s leaders’ board feature as we’ve mentioned earlier was designed to offer its users a glimpse of the performance of the trading community as well as its experts. You’re not just allowed to show value to a group of traders, as you can also utilize Profit.ly to purchase from a guru with the assurance that you’re confident with their expertise and the veracity of their claims.
If you feel uneasy with the concept of leaking your brokerage account, you can choose to publish your trades, whether verified or otherwise, through pictures. In Profit.ly are the vast number of trading classes, the ability to view the stats of a trader’s account, and more ways to communicate with your gurus via chatrooms in addition to notifications via email or text as well as updates.
> > Click Here to Check Out Profit.ly < <
Meet Tim Sykes, the founder: Tim Sykes
Timothy Sykes is a well-renowned day trading personality who is well-known for his involvement in penny stock trading. According to Investopedia the term “penny stock” is a small business’s stock that trades for under $5 for each share. The trading of penny stocks could be viewed as an avenue for small companies to move into a larger market because it allows them to access money from the public. However, don’t get it wrong – it’s also an extremely risky activity, as Sykes will be able to tell you through his many years of expertise.
Since his initial beginnings at the end of his time in the high schools, Tim Sykes has, since then, earned an estimated $6 million earnings throughout his illustrious career as trader. At the age of 25 Sykes was given greater exposure and a larger reach of influence when he became part of the reality show “Wall Street Warriors.” Then, he made use of the show to establish 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 played a role in establishing Profit.ly as a platform for openness, and for the community to lift each other up and compete against each other on the platform.
The Profit.ly Gurus
One of Profit.ly’s amazing features is the wide range of learning tools, trade alerts as well as other useful information provided by the company’s internal gurus. The gurus in question refer to experts in the field of trading who have proven to make substantial amounts of money from their combined years of experience. Timothy Sykes And Jason Bond
At its height, Profit.ly had housed up to five gurus. Each of them a pro in their field of expertise in the field of trading. Some of the most famous experts included Connor Bruggermann, Nathan Michaud of Investors Underground, and Triforce, among a few others. At the time of writing, only two gurus remain on this platform: the founder of the penny stock market Tim Sykes and veteran smallcap swing trader Paul Scolardi, also known as Superman. With that taken into consideration Let’s look at the packages each guru has to offer.
From Tim Sykes: Tim’s Alerts
Sykes provides basic stock trading services which focuses on penny stock day trading through Tim’s Alerts. Costing $74.95 per month, you’ll observe him focus on basic stock catalysts and employ them to predict the next possible moves in making trades.
A standalone purchase in Tim’s Alerts will get you access to the chatroom as well as the mobile application that is available for iOS as well as 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 version that has been upgraded of the Tim’s Alerts package. Priced at $149.95 monthly, it is a great option for investors who are committed to penny stock trading. Pennystocking Silver includes all the basic features that were included in earlier plans such as alerts for swing trading and access to a rich library of more than 7,000 instructional videos and new videos released every week.
> > Click Here to Check Out Profit.ly < <
In “Superman” Paul Scolardi: Superman Alerts
Scolardi who goes under the alias “Superman,” is a professional in swing trading with an eye for both small-cap monumental stocks and crazy-accurate marketing forecasts. Through the years since when he first started trading, Superman has amassed over $5.5 million in all-time trading profits. Timothy Sykes And Jason Bond
The Superman Alerts plan is an package of vital features and alerts on trading geared towards those who might be interested. For $147/month, you’ll get access daily premarket stock watchlist and the mobile app, the daily market updates in real-time, as well as SMS and e-mail alerts.
The film “Superman” Paul Scolardi: Superman Pro
At $247/month, you get additional features, as well as access to an extensive base of knowledge provided by Superman himself, via his Superman Pro package. Alongside the standard features featured in the Alerts plan, Superman Pro gives you daily video lessons, which include an ever-growing library of the previous ones. Additionally you’ll also have access to premium research reports as well as an IPO as well as earnings tracking tool.
Profit.ly Plans and Costs
If you’re looking to join the world of online trading and make a mark on the market, Profit.ly has the right amount of tools to get you going. The platform has three membership levels that are designed to accommodate traders of different levels. Let’s look at what the three levels are and what they will 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. Once you have signed up for this package you’ll be offered a range of strong and essential trading tools, all of which is essential to keep your hands on what we can describe as a cutthroat procedure in its own.
Among the list of things you can accomplish with Profit.ly’s Novice program is the capability to check the results of your trades and track profit as well as leading, following and even texting your fellow traders; and giving feedback on the trades of today. You can also get onto leaderboards; study your trades, sort or filter the trades you make; and, finally, see other’s stats.
The Novice plan is $29.95 per monthly payment. Although it looks attractive just by the price but there’s a disadvantage. You aren’t able to create a personal account, making your activities publicly available. If you’re interested in get an account with this option, you should stay tuned as we introduce to you Profit.ly’s next plan.
The Trader Plan
The Trader package lets you to take advantage of many of the features of the Novice plan. This plan allows that you can create an account that is private for sharing with fellow associate users all your knowledge and information you have gained from trader’s community.
The price is $49.95/month, Profit.ly’s Trader plan is exactly what it says caters to those who desire to harness their trading skills. While it’s nice but there’s one important aspect that’s not included. Unlike the previous Novice package, you won’t be able to see the statistics of other traders, which could be a problem for some who may be anticipating this level. Timothy Sykes And Jason Bond
Pro Plan
The Pro plan is the most premium package that Profit.ly offers to experienced traders. With $74.95 each month with a 22% discount for billing annually, this tier has everything. It gives you full, unlimited access to all features of the prior plans.
You’re not only able to see other users’ stats, but you’re also given the opportunity to create your own private profile. Both of these features, on top of all the advantages you’ll be able to use to their fullest capacity. If you’re in search of an option that gives you with everything you require 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 provides a variety of additional services that it can offer. One of those is its online store, where customers can choose from a wide array of video products designed to inform and provide guidance on the nuances and pitfalls of trading. All of the products featured in this section of the site can be immediately purchased for personal use. Some of these include bestsellers like”Trading Tickers,” the “Trading Tickers” series from trading specialist Tim Grittani, Timothy Sykes’s collection of DVDs and streaming-only content on short stocking, penny stocking, and all other related to trading, videos and scenes from events like the Annual Pennystocking Conference, and other products by expert traders.
> > Click Here to Check Out Profit.ly < <
The integrated chat rooms are included in Profit.ly’s range of services and features. You are probably 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 on Profit.ly it’s seen as a place where gurus and their member traders can communicate and exchange knowledge in real-time. Every guru has their own way in operating their chat room and dealing with the listed members. Some may be laid back and less active, while another might be more interactive and online in their interactions with students. Think of the chat rooms as Profit.ly’s version of the forum in essence.
Who is the Ideal Trader for Profit.ly?
Profit.ly’s variety of offerings and features caters to the wide range of stock trader types, from novices to experienced professionals. Given the wide range of options it has to offer it is certain to have something for everyone.
Newbies, for instance, can take advantage of Profit.ly’s collection of educational materials available across the platform. Not only will they be enriched with weekly videos and chat room advice from its in-house gurus and their members. They’ll also be able to select from the products in its online store that they can take with them wherever they may be. Additionally, they can gain practical experiences from trading within the platform, however they’ll be able to realize that this is a risky game that should not be viewed as an opportunity to make fun of.
For traders who have many years of experience down the line, we see Profit.ly equally suited to them as the newcomers. While the newbies may not be as proficient in handling trading matters but the experts already know how it works and the stack full of risks associated with it. Ideally, they may utilize Profit.ly’s array of features to their best advantage to improve their trading abilities. Like beginners, they can study from the gurus and experts , and use those simple tips and hints to help them along.
Profit.ly’s ‘all-together’ nature isn’t limited to novices or semi-experienced trader. Verified experts can also join in the fun! Those in the trading industry who are at similar levels to Superman and Tim Sykes can also use the power of Profit.ly’s capabilities to display their expertise to other traders as a way to help assist them in the ever-changing trading process. Timothy Sykes And Jason Bond
Profit.ly’s Pros and Cons
The Pros
- Profit.ly’s diverse capabilities as a “one-stop’ platform for trading stocks allows it to provide traders everywhere with an abundance of knowledge, communication, and trading tools
- You get to be provided with excellent lessons and insights from its inside experts, as well as video libraries that teach you how to learn and real-time trading activities
- You can be sure of complete transparency through Profit.ly by using accurate data and fellow traders who are ready to reach you out if something occurs.
- The leaderboard feature on the platform gives you a way to build your credibility as a trustworthy and authentic trader
- In addition to its primary capabilities, Profit.ly also gives its users extra options to suit their needs, like posting unverifiable trades through photographs
- Profit.ly’s wide array of subscription plans and guru packages are priced at reasonable prices There is truly something for every person
The Cons
- Profit.ly’s abundance of packages and products offered may be too much for a lot of its customers
- Since traders can choose to post any kind of trade, there’s an opportunity that some them will profit by selecting the best trades in order to increase the rating This could be a problem that shouldn’t be overlooked.
- Profit.ly will not allow refunds as its premium users are expected to instantly take advantage of the numerous services the platform has to provide
> > Click Here to Check Out Profit.ly < <
The Final Verdict The Final Verdict: Is Profit.ly Valued?
If we were able to come up with an appropriate answer for this query, it’s an affirmative “yes”. However, you must realize that the platform should not be used as a quick-fix scheme to make money. The platform was not always intended to be created in this way. Instead, you need to have curiosity. Timothy Sykes And Jason Bond
What we do mean by ‘yes’ is that it is a fantastic learning tool. Those who may be stuck could find Profit.ly’s variety of resources to be helpful in their efforts to reduce losses and be more successful than they did before. It’s not just the poor traders that can benefit from the platform. It can accommodate beginners and even experts in the field!
If you truly care about being a better trader and want to learn from your fellows and gurus throughout the process, then you should look no further than Profit.ly. Profit.ly may be a great alternative to start.
FAQ Timothy Sykes And Jason Bond
How can you make use of Profit.ly to make your trades public?
Profit.ly includes an entry section for trades in the ‘My Trade section of the dashboard that lets you record your trades, verifiable or otherwise. You may choose between three choices:
- Linking your account with your brokerage of choice and then importing trades directly from there
- Manually inputting your trades with provided spaces and specifics
- Upload a screenshot of your transactions
What can I do to determine if the trade is verifiable or not?
If you purchase your trade from a reputable brokerage, there’s an excellent chance that it is verifiable. This is shown by the small blue check. If you upload it in a manual way or by taking pictures, it will be assigned as unverified.
The disadvantage of an unverified trade is the chance of receiving downvotes from fellow peers. If you receive too many negative votes, it could result in you appearing in the Madoff leaderboard, which is where the public are able to identify who is untruthful in submitting trades.
Does the Profit.ly mobile app still in use?
At the time of writing, Profit.ly is still available to download via the Apple App Store as well as in the Google Play store. The mobile app version works with all working smartphones and tablets.
How many people are currently on Profit.ly?
Profit.ly currently houses more than 150,000 investors and traders, because they are not just looking to earn maximum profits but also help each other develop and grow in their ability to take advantage of stock market opportunities left and right.
