Stock trading can be an exciting game with high stakes. On some days, you may enjoy the benefits of positive and satisfying numbers. On other days, however you may experience the opposite and it can be very difficult to return to where you were at your peak. If you are always in the mud, you will have to realize that relying on instinct and survival might not be enough.
If you’ve been incurring loss from time to time You’ll need sound advice from tried-and-tested trading experts. Additionally, you’ll require a significant boost from your fellow traders from around the globe. That’s why we’ve found a platform that can support you to improve your performance in the industry. In this review, we’ll be taking a look at Profit.ly A well-respected 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 Application
Value: 4.1/5
Quality: 4.1/5
Costs: 4.1/5
User Experience: 4.5/5
Summary
Profit.ly can be described as an online platform for trading that permits traders of different levels to be informative, transparent, accountable, and encouraging each other by offering a wide array of tools and features such as chat rooms, trade verification, and an enriched library of educational material.
What exactly is Profit.ly?
Profit.ly is a site for trading that functions as a training and learning platform for people new to trading and as a hub for traders with experience to keep track of their performance with the help of advanced analytics tools. Providing users with a wide range of resources for communication and trade and letting traders from all walks of life connect with each other. It offers gurus with worthwhile investments within the confines of the platform. Consider it an online social media platform similar 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 for trading is built on transparency and honesty: it ensures that the transactions are legitimate and will not allow for fraud as much as possible. It was established years ago by the penny stock trade expert and investment expert Timothy Sykes, along with fellow expert Michael Mosseri.
In an interview with Forbes magazine, Sykes declared that Profit.ly was based “on showing all trades, something that was never done before.” This idea Sykes said served two goals: 1.) keeping track of public data for not just the gurus as well as newsletter authors and students as well as) giving everyone on the platform to be enlightened by both losses and wins to the benefit of the trading industry. Timothy Sykes Application
How Does It Work?
Profit.ly utilizes a subscription model which allows stock traders to gain access to a multitude of features and services aimed toward success. You can create an account at no cost, however you’re limited to the capability to browse the leaderboards and monitor the actions of non-gurus. If you’re looking to invest your money to see what stocks the experts are trading in real time, you will need to join one of Profit.ly’s offerings that we’ll review in the coming days.
The process of opening an account is simple: Create an account that includes your personal information and skills, join to your brokerage account, and you’ll be given the chance to climb your way to at the very top of the list. Profit.ly’s leaders’ board feature as mentioned previously it is designed to provide its users a glimpse of their performance as a trading group as well as its experts. It’s not just a way to prove that you’re worthy to the community of traders. 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 assertions.
If you feel uneasy with the idea of divulging information about your account with a brokerage, you may opt to post your trades, whether verified or otherwise, through photographs. Also included in Profit.ly is the huge selection of trading classes, the ability to view statistics on a person’s profile, and more ways to interact with your experts through the chatroom as well as text and e-mail alerts and updates.
> > Click Here to Check Out Profit.ly < <
Meet Tim Sykes, the founder: Tim Sykes
Timothy Sykes is a well-renowned day trading guru who has been famously known for delving his hands into penny stock trading. According to Investopedia Penny stock refers to a small-sized company’s stock which trades at less than $5 per share. The trading of penny stocks could be viewed as an opportunity for small companies to move to a market that is larger as it allows them to access capital from the general public. But don’t make the mistake of thinking that it’s also a high-risk game, which Sykes is sure to reveal thanks to his years of experience.
Beginning in the latter years of high school, Tim Sykes has, since then, made an estimated $6 million profits through his lengthy career as a trader. When he was 25 years old Tim Sykes had received more exposure and a wider influence over time when he was a part of the reality TV show “Wall Street Warriors.” He then made use of the show to develop trading rooms and penny stock themes and educational material aimed at people who are brand new to trading. He also helped to establish Profit.ly as a place of transparency and to allow the community to rise and compete 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 earned substantial amounts of money from their combined years of experience. Timothy Sykes Application
At its height, Profit.ly had housed up to five gurus. Each of them an expert in their field of expertise in the field of trading. Some of the most prominent gurus included Connor Bruggermann, Nathan Michaud of Investors Underground, and Triforce among others. At the time of writing there are only two gurus who remain on this platform: Founder and penny stock trader 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 Sykes: Tim’s Alerts
Sykes provides an essential stock trading service which focuses on penny stock day trading through Tim’s Alerts. At $74.95 per month, you will observe him focus on fundamental stock catalysts and use them to anticipate 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 application that is available on iOS and Android devices, text, e-mail and push alerts and a daily stock watchlist.
Tim Sykes: From Tim Sykes: The Pennystocking Silver Package
Pennystocking Silver is the premium, upgraded version of the Tim’s Alerts package. It costs $149.95 monthly, it is an ideal plan for those who are invested in investing in penny stocks. Pennystocking Silver comes with all the standard features of the previous plan, which includes swing trading alerts and unlimited access to a rich library of over 7,000 educational videos that are updated each week.
> > Click Here to Check Out Profit.ly < <
The following video is from “Superman” Paul Scolardi: Superman Alerts
Scolardi, who goes by the alias “Superman,” is a swing trading professional with an eye for both massive stocks of the small-cap size and insanely accurate marketing forecasts. Through the years since he began as a trader, Superman has amassed over $5.5 million in total trading earnings. Timothy Sykes Application
The Superman Alerts package is his package of vital features and trading alerts targeted to those interested. For $147/month, you’ll get an access to the day-to-day stock watchlist that is premarket as well as the mobile app, daily market updates in real-time, and email and SMS alerts.
In “Superman” Paul Scolardi: Superman Pro
At $247/month, you get additional features, as well as access to a knowledgeable base of information provided by Superman himself via Superman Pro. Superman Pro package. On top of the essentials included in the Alerts package, Superman Pro gives you daily video lessons, which include an ever-growing library of other previous ones. In addition you’ll also gain the ability to access premium reports on research as well as an IPO as well as earnings tracking tool.
Profit.ly Programs and Costs
If you’re eager to join the online trading community and leave a mark in the market, Profit.ly has the right amount of tools to get you up and running. Profit.ly offers three membership tiers that are designed to accommodate traders at different levels. Let’s look at what the three levels are and what they will cost you.
Novice Plan
This package for novices is Profit.ly’s entry-level plan designed especially for those who are new to the trading world. When you sign up for this plan you’ll be offered a range of strong and essential trading tools, each of them integral in keeping your hands on what we can describe as a cutthroat process by itself.
The list of features you can accomplish using Profit.ly’s Novice program is the ability to verify the results of your trades and track profit as well as leading, following and even chatting with other traders; and leaving feedback on today’s trades. It also allows you to be onto leaderboards; study, sort, or filter the trades you make; and, lastly, view other’s stats.
The Novice plan costs $29.95 per monthly payment. While it may look attractive simply because of the price but there’s a disadvantage. You can’t create a private account, making your actions public. If you do want to gain access to this feature, be watching for us to introduce to you Profit.ly’s new plan.
Trader Plan
The Trader package lets you to use the majority of features available in the novice plan. It is in this plan that you can create a private profile for sharing with fellow associate users all your knowledge and information you have gained from trader’s community.
Costing $49.95/month, Profit.ly’s Trader plan does what the name suggests caters to those who desire to harness 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 won’t be able view other traders’ statistics this could be a problem for those looking forward to this tier. Timothy Sykes Application
Pro Plan
This is by far the highest luxurious package Profit.ly could offer for seasoned traders. It costs $74.95 per month, and a 22% discount for annual billing This plan offers everything. It gives you full, unlimited access to all the features from the two previous plans combined.
Not only do you get to look at other people’s statistics as well, you’re also offered the opportunity to create a private profile. Both of these options, plus the other benefits that you can use to their fullest capacity. If you’re looking for a plan that can serve you everything you need as trader with experience, the Pro level is ideal for you!
Profit.ly’s Other Services
In addition to the tools for training and leadersboards Profit.ly offers a number of more services it has to provide. One of them is the online store, which allows users to choose from a wide array of video products designed to inform and provide guidance on the nuances and pitfalls of trading. The products listed on this page of the website is available to be immediately purchased for personal use. Among these products include best-sellers such as the “Trading Tickers” series from trading professional 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 clips taken from events like the Annual Pennystocking Conference, and other products by expert traders.
> > Click Here to Check Out Profit.ly < <
The chat rooms that are integrated are as well part of Profit.ly’s array of features and services. You may be familiar with the chat room as you will see it on social and messaging platforms in addition to a few special websites that provide live chat support. However, in Profit.ly the chat room is viewed as a space where experts and their members trade and learn in real time. Every guru has their own way in running their chat rooms and dealing with the listed members there. One of them may be more laid back and not very often engaged, while another could be more online and communicative in their interactions with students. Think of the chat rooms as Profit.ly’s version of the forum, in its essence.
Who is the Ideal trader to Profit.ly?
Profit.ly’s variety of offerings and features are geared towards a large variety of stock trader types, from novices to the most experienced. Considering the number of offers it offers it is certain to have something for every person.
Beginners, for instance, will appreciate Profit.ly’s collection of educational content offered throughout the platform. Not only will they be provided with videos every week and chat room tips by its internal gurus as well as their members. They’ll also be able choose from the items from its online store that they can take with them wherever they be. You can also get hands-on experience trading on the platform, but ultimately they’ll realize that this is a high stakes game that shouldn’t be taken as a joke.
For those traders who have had decades of experience in the line, we see Profit.ly equally suitable to them as the newcomers. While novice traders may not be as well-equipped with handling trading matters, the pros already understand the way it functions and the stack full of risks associated with it. It is ideal to make use of Profit.ly’s array of features to their full advantage to develop their skills in trading. As beginners, they are able to study from the gurus and experts and utilize those short tips and tricks along the way.
Profit.ly’s “all-inclusive” nature does not only apply to beginners and semi-experienced traders. Certified experts can also take part in the fun! People in the trade industry who are on an equal level with Superman and Tim Sykes can also use Profit.ly’s capabilities. Profit.ly’s capabilities to display their expertise to other traders as a way to navigate them through the ever-changing trading process. Timothy Sykes Application
Profit.ly’s Pros and Pros and
The Pros
- Profit.ly’s numerous capabilities as a ‘one-stop’ stock trading platform enable it to provide traders everywhere with a wealth of education communications, trading, and communication tools
- You will be taught by experts and tips from the inside experts, as well as video libraries that teach you how to learn and live trading activity.
- You can be sure of complete transparency through Profit.ly with accurate analytics as well as fellow traders who are ready to reach you when something goes wrong.
- The leaderboard feature of the platform offers you the opportunity to increase your credibility as a trustworthy and authentic trader
- In addition to its primary features, Profit.ly also gives its users extra options to suit their needs, like posting trades that are not authentic by taking images
- Profit.ly’s wide array of subscription levels and guru packages are priced at reasonable prices – there truly is something for every person
The Cons
- Profit.ly’s abundance of packages and services offered could not be enough for most of its customers
- If traders decide to open any kind of trade, there’s a possibility that some of them may take advantage by cherry-picking the best trades to boost their rating – this may be a concern that should not be ignored.
- Profit.ly does not offer refunds as its premium users are expected to instantly take advantage of the numerous features the platform is able to provide
> > Click Here to Check Out Profit.ly < <
The Final Concluding Question: Is Profit.ly worth it?
If we were able to come up with an appropriate answer for this query, it’s yes. But it is important to realize that this platform shouldn’t be viewed as a scheme to get rich quick. It wasn’t meant to be designed for this reason. Instead, you need to have the ability to think with an open heart. Timothy Sykes Application
What we mean by ‘yes’ is that it can be a great learning tool. People who are stuck might discover Profit.ly’s range of resources useful when they try their best to reduce losses and perform better than they did before. It’s not only the struggling traders that will benefit from the platform. It can accommodate beginners and even experts in the field!
So, if you genuinely want to become a better trader and want to learn from your fellows and gurus on the way, look no further – Profit.ly could be a good alternative to start.
FAQ Timothy Sykes Application
How do you use Profit.ly to post your trades?
Profit.ly offers an entry section for trades under the My Trade’ category of the dashboard that lets you record your trades that are verified or otherwise. There are three options:
- Linking your account to the brokerage of choice and then importing transactions directly through there
- Manually inputting your trades with provided spaces and specifics
- Take a photo of your transactions
How can I tell whether the trade is authentic or not?
If you import your trade through a reliable brokerage, there’s a high chance that it is verifiable. This is evident by the blue check mark. If you upload the information manually or via images, it will be classified as unverified.
The downside of having an unauthentic trade is the risk of receiving negative feedback from friends and colleagues. If you receive too many negative votes, it could cause you to show up at the top of the Madoff leaderboard, where people can detect who’s being untruthful in submitting trades.
Are the Profit.ly mobile app still available?
As of the moment, Profit.ly is still available to download via the App Store for Apple and the Google Play store. The mobile app version is compatible with the majority of functioning tablets and smartphones.
How many people are connected to Profit.ly?
Profit.ly currently houses more than 150,000 investors and traders, as they not only are looking to earn maximum profits but also help each other develop and grow in their ability to take advantage of stock market opportunities both right and left.
