Stock trading can be an exciting game with high stakes. On some days, you may have the benefit of positive and satisfying numbers. However, on other days it could be the reverse, and it may sometimes be very difficult to get back to where you were at your best. If you are constantly stuck in the gutter You will need to realize that relying on your instincts and preserving might not be enough.
If you’ve experienced occasional losses and you’re likely to require reliable advice from tested and tried trading experts. You’re also gonna need an important boost from colleagues in the market from all over the globe. That’s why we’ve discovered an online platform that will help you in your improvement in the market. This review will take the time to 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 App
Value: 4.1/5
Quality: 4.1/5
Costs: 4.1/5
The User’s Experience 4.5/5
Summary
Profit.ly offers an internet-based trading service that allows traders of different levels to be knowledgeable responsible, transparent, and encouraging one another through its wide range of features and tools including chat rooms, trade verification and a rich library of educational material.
How do I define Profit.ly?
Profit.ly is a site for trading that serves both as a learning and education platform for those new to trading and also as a platform for traders with experience to keep track of their performance using the aid of sophisticated analytics tools. Providing users with a wide array of options to facilitate trade and communication, it helps traders from all walks of life network with one another. It also allows gurus to make worthwhile investments within the confines that the site. Imagine it as the social media equivalent to Facebook and Reddit but with a focus on experts and traders.
Profit.ly independently checks the performance of trades and then publishes the information from them in the style of leaderboards. The platform’s trading model is based on honesty and transparency: it makes sure that trades are valid and won’t accept fake news as long as possible. It was established 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 for Forbes publication, Sykes declared that Profit.ly was motivated by its focus “on showing the entire spectrum of trades, something which has never been done before.” The concept Sykes said served two goals: 1.) making public records for not just the gurus as well as students and newsletter writers and secondly) allowing anyone on the platform to learn from both losses and wins to benefit the industry of trading. Timothy Sykes App
How Does It How Does It
Profit.ly is a subscription-based platform that lets stock traders gain access to a multitude of tools and services that are geared at achieving achievement. You may set up an account there at no cost, however you’re only limited to having the capability to browse the leaderboard and observe 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 it is necessary to subscribe to any of Profit.ly’s offerings that we’ll review in the coming days.
Making an account simple: Create an account with your experience and skills, join your brokerage account, and you’ll have an opportunity to make your way to high on the leaderboard. Profit.ly’s leaders’ board feature as mentioned previously, is designed to give its users a look at how the community of traders performs and its experts. You’re not just allowed to show that you’re worthy to the large group of traders, as you can also utilize Profit.ly to shop with a guru, and have the assurance that you’re comfortable of their knowledge and the credibility of their claims.
If you feel uneasy with the concept of leaking information about your account with a brokerage, then you could decide to share your trades, verified or not, via photographs. Included in Profit.ly are the vast number of courses in trading, the ability to view the stats of a trader’s account as well as other ways to interact with your experts via chatrooms 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 trader who is famously known for delving his hands into trades in penny stocks. According to Investopedia, a penny stock is a small business’s stock which trades at less than $5 per share. Penny stock trading could be viewed as a stepping stone for small businesses to transition into a larger market because it gives them access to capital from the public. But don’t make the mistake of thinking that it can also be an extremely risky activity, as Sykes can surely tell thanks to his years of expertise.
Beginning in the latter years of the high schools, Tim Sykes has, since then, made an estimated $6 million earnings through his lengthy career as trading professional. At the age of 25, he had been given more exposure and a wider influence over time when he became part of the reality series “Wall Street Warriors.” Then, he took advantage of it to develop trading rooms and penny stock themes as well as educational content targeted at those who are new to trading. He also helped establish Profit.ly as a place for transparency and for the community to uplift and compete against each other on the platform.
The Profit.ly Gurus
One of Profit.ly’s most appealing features is the vast array of educational tools, trade alerts and other helpful stuff provided 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 experience. Timothy Sykes App
At its peak, Profit.ly had housed up to five gurus, all of them a pro in their field of expertise in the field of trading. Some of the most famous gurus included Connor Bruggermann, Nathan Michaud of Investors Underground, and Triforce, among a few others. At the time of writing there are only two gurus who 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 we’ll take a look at what packaged deals each guru has to offer.
From Tim Sykes Tim Sykes
Sykes offers an essential stock trading service with the main priority being penny-priced day trading with Tim’s Alerts. The cost is $74.95 for a month you will observe him focus on fundamental catalysts for stocks and utilize them to forecast the next move that is possible when trading.
A standalone purchase in Tim’s Alerts will get you access to the chatroom and the mobile app that’s available to iOS as well as Android devices; text, e-mail, and push alerts; and a daily stock watchlist.
from Tim Sykes: The Pennystocking Silver Package
Pennystocking Silver is the highest-quality, upgraded version of the Tim’s Alerts package. Priced at $149.95 for a month this is an ideal plan for those who are involved in investing in penny stocks. Pennystocking Silver comes with all the standard features found in earlier plans such as swing trading alerts as well as unlimited access to an extensive library of more than 7,000 instructional videos, with new ones released each week.
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The following video is from “Superman” Paul Scolardi: Superman Alerts
Scolardi who goes under the name “Superman,” is a trader who has an eye for tiny-cap massive stocks as well as wildly accurate marketing forecasts. Since the time he started trading, Superman has amassed over $5.5 million in total trading earnings. Timothy Sykes App
The Superman Alerts package is his offering of essential features and alerts on trading geared towards those who might be interested. For $147/month, you’ll get an access to the day-to-day stock watchlist that is premarket as well as the mobile application, daily market updates in real-time, and SMS and e-mail alerts.
From “Superman” Paul Scolardi: Superman Pro
At $247/month, you get additional features, plus access to an extensive base of knowledge provided by Superman himself through Superman Pro. Superman Pro package. On top of the essentials featured in the Alerts plan, Superman Pro gives you weekly video lessonsthat include a growing library of all other previous ones. On top of that you’ll also have the ability to access premium reports on research and the IPO and earnings tracker.
Profit.ly Programs and Costs
If you’re looking to join the online trading community and leave your mark on the field, Profit.ly has the right amount of resources to help you started. 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 will cost you.
Novice Plan
The Novice package is Profit.ly’s entry-level plan designed especially for those who are just beginning their journey to the trading community. When you sign to this plan you’ll be offered a range of strong and indispensable trading tools, each of which is essential to keep your fingers on what we can describe as a cutthroat procedure in its own.
Among the list of things you can accomplish using Profit.ly’s Novice program is the capability to check trades and track profits as well as leading, following and even chatting with your fellow traders; and leaving feedback on today’s trades. You can also get onto leaderboards; study the results of your analysis, sort, and filter your trades; and lastly, look at other people’s statistics.
The Novice plan is $29.95 per month. While it may look attractive for the price alone however, there’s a drawback. It isn’t possible to create a private profile, thus making your personal information public. If you’re interested in have an account with this option, stay tuned as we introduce to you Profit.ly’s new plan.
Trader Plan
The Trader plan allows you to use a majority of features from the Novice plan. It is in this plan that you can create a private profile to share with other associates all your insights and knowledge you gain from trader’s community.
Costing $49.95/month, Profit.ly’s Trader plan will do what the name implies: Cater to those who desire to develop their expertise in trading. While it’s nice, there is one significant feature that is missing. As opposed to the prior Novice package, you won’t be able to view other traders’ statistics, which could be a problem for those who are anticipating this level. Timothy Sykes App
Pro Plan
This is by far the most expensive plan Profit.ly could offer for seasoned traders. At $74.95 each month and 22% off when billed annually the Pro plan has it all. You will have full, unrestricted access to all options of the previous plans combined.
Not only do you get to look at other people’s statistics, but you’re also given the chance to create your own private profile. These two features are on top of all the 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 tier could be for you!
Profit.ly’s Other Services
In addition to the tools for training and leadersboards Profit.ly offers a number of additional services that it can offer. One of these is its online store, which allows users to select from a variety of instructional videos that are designed to inform and guide you through the ins and outs of trading. The products listed on this page of the site can be bought immediately for your personal use. These include best-selling products like the “Trading Tickers” series by trader professional Tim Grittani, Timothy Sykes’s library of DVDs and streaming-only content about penny stocking, short stocking, and all other related to trading, videos and scenes of The Annual Pennystocking Conference, and items from other experts in trading.
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Chat rooms integrated into Profit.ly are as well part of Profit.ly’s variety of services and features. You are probably 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 in Profit.ly, it is seen as a real-time area where experts and member traders can communicate and learn in real time. Each guru has their style in operating their chat room and in dealing with the members there. One might be more laid back and less engaged, while another could be more active and in touch to their pupils. Think of chatrooms as Profit.ly’s version of the forum, in its essence.
Who is the Ideal Trader for Profit.ly?
Profit.ly’s wide range of products and features are geared towards an array of stock trader types, from beginners to experienced pros. Considering the number of offers it has to offer it is certain to have something for everyone.
Newbies, for instance, will enjoy Profit.ly’s knowledge-based materials available across the platform. They will also be enriched with weekly 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 from its online store to carry with them wherever they may travel. They can also gain hands-on experience trading on the platform, but ultimately, they will soon learn that this is a high stakes game that should not be viewed as a joke.
For traders who have years of exposure down the road, we consider Profit.ly equally suitable for them as it is for people who are just beginning. While the newbies may not be as proficient in managing trading but the experts already know the way it functions and the risky mix that come with it. Ideally, they may make use of Profit.ly’s range of features to their full advantage to develop their skills in trading. Like novices, they can learn from the experts as well as experts, and take advantage of short tips and tricks along the way.
Profit.ly’s “all-inclusive” nature isn’t limited to novices and semi-experienced traders. Verified experts can also join in the fun! People in the trade industry who are at similar levels to Superman as well as Tim Sykes can also use Profit.ly’s capabilities. Profit.ly’s capabilities to display their skill to others as a way to help navigate them through the ever-changing trading process. Timothy Sykes App
Profit.ly’s Pros and Pros and
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 tools, communication, and trading tools
- You will be provided with excellent lessons and tips from the inside experts, as well as libraries of educational videos and trading in real-time.
- You’re assured of transparency throughout Profit.ly with accurate analytics and fellow traders who are ready to reach you out whenever something happens
- The platform’s leaderboard feature gives you the opportunity to increase your reputation as a reliable and authentic trader
- Apart from its main abilities, 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 packages and subscription levels are priced at a reasonable cost – there truly is something for every person
The Cons
- Profit.ly’s abundance of packages and services offered could be too much for most of its customers
- As traders may opt to post any kind of trade, there is an opportunity that some them may take advantage by picking the most profitable trades to increase the rating this could be a risk that shouldn’t be overlooked.
- Profit.ly does not offer refunds, as its premium users are expected to immediately benefit from the number of services the platform has to provide
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The Final Verdict is: Is Profit.ly Valued?
If we could come up with the answer, it’s an affirmative “yes”. However, you must realize that the platform should not be used as a quick-fix scheme to make money. It wasn’t intended to be created to achieve this goal. Instead, you need to have the ability to think with an open heart. Timothy Sykes App
What we do mean by ‘yes’ is that it can be a great learning tool. Those who may be stuck could be able to find Profit.ly’s array of resources helpful when they try their best to avoid losses and perform better than before. It’s not only the struggling traders who will benefit from this platform. It will be able to accommodate beginners as well as even experts in the field!
So, if you genuinely care about being better at trading and wish to learn from your mentors and peers throughout the process, then look no further – Profit.ly may be a great option to begin.
FAQ Timothy Sykes App
How can you make use of Profit.ly to publish your trades?
Profit.ly includes the option of allowing trade entries under the My Trade’ category of the dashboard. It lets you post your trades that are verified or not. There are three options:
- 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
How can I tell whether the trade is authentic or not?
If you buy your trade from a reputable brokerage, there is an excellent probability that it’s verifiable. This is shown by the small blue check. If you upload it manually or through images, it will be classified as unverified.
The disadvantage of an unauthenticated trade is the chance of receiving negative feedback from fellow peers. If you receive too many negative votes, it could cause you to show up on the Madoff leaderboard, which is where the public can see who’s fraudulent in posting trades.
Does the Profit.ly mobile app still available?
As of the moment, Profit.ly is still available for download on the Apple App Store as well as on the Google Play store. The mobile version of the app works with all working smartphones and tablets.
How many are connected to 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 grow and learn more about acquiring opportunities in the stock market all over the world.
