Stock trading is a high-stakes game. On certain days, you may be reaping the benefits of pleasing and positive numbers. However, on other days you may experience the opposite and it could be extremely difficult to get back to where you were at your peak. If you find yourself immersed in the water it is important to recognize that relying on instinct and survival is not always enough.
If you’ve been incurring losses from time to time and you’re likely to require sound advice from tried-and-tested trading experts. You’re also gonna need a significant boost from your trading partners from all over the globe. That’s why we’ve discovered an online platform that will help you in your improvement within the field. In this review, we’ll be taking an in-depth 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 Behind The Voice Actors
The User’s Experience 4.5/5
Profit.ly is an online trading platform that enables traders of various levels to be informed and accountable, as well as transparent and to build relationships with each other by offering a wide variety of tools and features including chat rooms, trade verification as well as an extensive library of educational content.
What exactly is Profit.ly?
Profit.ly is a trading site which serves as a training and learning platform for traders who are just beginning their journey and as a hub for traders with experience to keep track of their performance using the aid of cutting-edge analytics tools. Offering users a broad array of options to facilitate trade and communication and letting traders from all walks of life connect with one another. It offers gurus with worthy investments within the boundaries that the site. Imagine it as a social media site akin the likes of Facebook and Reddit, but for experts and traders.
Profit.ly independently verifies trade performances and then publishes the information from them in the form of leaderboards. The platform’s trading model is based on honesty and transparency: it ensures that the transactions are legitimate and will not accept fake news as long as is humanly possible. It was established many years ago by penny stock trade expert and investment expert Timothy Sykes, along with the other expert Michael Mosseri.
One time , during an interview for Forbes magazine, Sykes stated that Profit.ly was driven by its focus “on showing every trade, something that has never been previously done.” This idea Sykes said served two objectives: one) making public records for all traders, not just the gurus, but also the newsletter writers and students as well as) allowing all users to gain insight into both the wins and losses for the trading industry’s benefit. Timothy Sykes Behind The Voice Actors
How Does It Work?
Profit.ly is a subscription-based platform that allows stock traders to gain access to a multitude of features and services aimed at achieving achievement. You can create an account on the site for free, but you’re limited to access to the leaderboards and monitor the activities of people who aren’t gurus. If you’re looking to invest your money and see what stocks the experts are trading in real-time You’ll need to subscribe to any of Profit.ly’s offers, which we will go over shortly.
Setting up an account is easy: create an account with your experience and expertise, connect to your brokerage account, and you’ll have a chance to shoot your way to at the very top of the list. Profit.ly’s Leaderboard function, which was previously mentioned it is designed to provide its users a glimpse of how the community of traders performs and its experts. It’s not just a way to prove your worth to a group of traders. You are also able to use Profit.ly to purchase with a guru, and have the assurance that you’re comfortable in their skills and the legitimacy of their assertions.
If you are unsure about the idea of divulging the details of your broker account you can decide to share your trades, either verified or not, via pictures. In Profit.ly is the huge selection of courses in trading and the capability to see stats in a trader’s profile and other methods to connect with your gurus via chatrooms along with email and text alerts as well as updates.
Meet Tim Sykes, the founder: Tim Sykes
Timothy Sykes is a well-renowned day trading personality who is well-known for his efforts in the penny-stock market. According to Investopedia Penny stock refers to a small company’s stock that trades for under $5 for each share. The penny stock market can be seen as a stepping stone for small businesses to transition to a market that is larger as it allows them to access funds from the general public. However, don’t get it wrong – it can also be an extremely risky activity, as Sykes will be able to tell you thanks to his years of expertise.
Since his initial beginnings at the end of his time in the high schools, Tim Sykes has, since then, made more than $6 million in earnings through his lengthy career as a trader. At 25 years old Sykes was given more exposure and a wider impact when he became part of the reality TV show “Wall Street Warriors.” He took advantage of it to establish trading rooms as well as penny stock themes and educational content geared toward those who are new to trading. He also played a role in establishing Profit.ly as a platform for transparency, and to allow the community to rise and compete through the platform.
The Profit.ly Gurus
One of Profit.ly’s most appealing features is the wide range of educational sources, trade alerts and other helpful stuff provided by the platform’s in-house gurus. The gurus in question refer to the trading experts who have earned significant amounts of profit from their collective years of knowledge. Timothy Sykes Behind The Voice Actors
At its height, Profit.ly had housed up to five gurus, each of them a pro in their niche in the field of trading. Some of the most prominent experts included Connor Bruggermann, Nathan Michaud of Investors Underground, and Triforce as well as a handful of others. At the time of writing, only two gurus remain on this platform: the founder and 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 can offer.
From Tim Sykes Tim Sykes: Tim’s Alerts
Sykes offers an essential stock trading service with the main priority being penny-stock day trading via Tim’s Alerts. Costing $74.95 for a month you will observe him focus on fundamental catalysts for stocks and utilize them to anticipate the next possible moves in making trades.
A single purchase in Tim’s Alerts will get you access to the chatroom as well as the mobile app available to iOS as well as Android devices, text, e-mail and push alerts as well as a daily watchlist of stocks.
From Tim Sykes: The Pennystocking Silver Package
Pennystocking Silver is the premium version that has been upgraded of the Tim’s Alerts package. Priced at $149.95 for a month this is a great option for those who are more invested in investing in penny stocks. Pennystocking Silver offers all the essential features that were included in the previous plan, which includes swing trading alerts as well as unlimited access to a collection of more than 7,000 educational videos and new videos released each week.
In “Superman” Paul Scolardi: Superman Alerts
Scolardi, who goes by the name “Superman,” is a trader who has an eye for both small-cap monumental stocks and crazy-accurate marketing forecasts. In the time since the time he started trading, Superman has amassed over $5.5 million in all-time trading profits. Timothy Sykes Behind The Voice Actors
The Superman Alerts plan is his package of vital features and trading alerts targeted toward those who may be interested. For $147/month, you’ll get access daily premarket stock watchlist and the mobile app, daily market commentary in real time, and 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 a knowledgeable base of information provided by Superman himself through his Superman Pro package. In addition to the basic features that are included in the Alerts plan, Superman Pro gives you daily video lessons, which include a growing library of all other previous ones. On top of that, you’ll also get the ability to access premium reports on research as well as the IPO as well as earnings tracking tool.
Profit.ly Programs and Costs
If you’re looking to join the world of online trading and make a mark on the industry, Profit.ly has the right amount of resources to get you going. The platform has three membership levels that are designed to accommodate traders of different levels. Let’s break down what these three are and how much they will cost you.
The Novice package is Profit.ly’s entry-level plan designed especially for people who are brand new to the trading community. When you sign up for this plan you’ll be provided with a variety of powerful and indispensable trading tools, each one of them essential in keeping your fingers on what call a competitive process in and of itself.
Some of the features you can do with Profit.ly’s Novice package include the capability to check trades and track profits and follow-up, leading and even texting other traders; and providing feedback on trades today. It also allows you to be on leaderboards, analyze, sort, as well as filter trades; and, finally, see other people’s statistics.
The Novice plan is $29.95 per month. Although it looks attractive simply because of the price however, there’s a drawback. You aren’t able to create a personal profile, thus making your activities publicly available. If you’re looking to gain the benefit of this service, keep an eye on us as we present to you Profit.ly’s next plan.
The Trader package allows you to take advantage of many of the features of the Novice plan. It is in this plan that you can set up a private profile to share with fellow associate users all the insights and information you have gained from this trading group.
Costing $49.95/month, Profit.ly’s Trader plan does what the name suggests: Cater people who want to develop their skills in trading. Although it’s a nice thing however, there’s a crucial aspect that’s not included. In contrast to the Novice package, you won’t be able view other traders’ statistics, which might be a drawback for those who are eager to try this new tier. Timothy Sykes Behind The Voice Actors
The Professional plan can be described as the highest luxurious package Profit.ly can offer to experienced traders. It costs $74.95 monthly, which includes 22% off for annual billing This plan offers everything. You will have full, unrestricted access to all features of the prior plans.
Not only do you get to see other users’ stats and data, but you also have the chance to create an individual 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 with everything you require as a skilled trader, maybe the Pro tier could be the right choice for you!
Profit.ly’s Other Services
Apart from the tools for training and leaderboards, Profit.ly has a few more services it has to offer. One of them is the online store, which lets users select from a variety of instructional videos that are that are designed to educate and guide you through the ins and outs of trading. All of the products featured in this section of the site can be purchased immediately for personal use. These include best-selling products like the “Trading Tickers” series from trading professional Tim Grittani, Timothy Sykes’s library of DVDs and streaming-only content on short stocking, penny stocking, and other things trading-related, clips and clips from the Annual Pennystocking Conference, and products from other expert traders.
The integrated chat rooms are also part of Profit.ly’s variety of features and services. You may be familiar with chat rooms since you can find it throughout social and messaging platforms in addition to a few special websites that offer live chat support. But on Profit.ly it’s seen as a real-time space where experts and their member traders can communicate and exchange knowledge in real-time. Every guru has their own way in operating their chat room and in dealing with the members. Some may be more laid back and less engaged, while another could be more interactive and online to their pupils. Think of chat rooms like Profit.ly’s version of a forum, in the essence.
Who is the best Trader for Profit.ly?
Profit.ly’s wide range of products and features cater to a large variety of stock trader types, from novices to experienced professionals. Considering the number of offers it can provide, the platform surely has something for everyone.
Newbies, for instance, will enjoy Profit.ly’s collection of educational content offered throughout the platform. In addition, they will be provided with videos every week and chat room advice from its in-house gurus as well as their members. They’ll also be able select from the products in its online store to carry with them wherever they may travel. Additionally, they can gain practical experience trading on the platform, but eventually, they will soon learn that trading is a high stakes game that should not be viewed as an amusing pastime.
For traders who have many years of experience down the road, we consider Profit.ly equally suitable to them as people who are just beginning. While the newbies may not be as well-equipped with managing trading, the pros already understand how it works along with the plethora of risks that come with it. In the ideal scenario, they can make use of Profit.ly’s range of features to their best advantage to enhance their skills in trading. Like novices, they can learn from the top experts and experts and utilize those quick tips and tidbits to help them along.
Profit.ly’s “all-in” approach isn’t limited to novices and semi-experienced traders. Certified experts can also take part in the fun! Those in the trading 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 skill to others in order to assist them in the ever-changing trading process. Timothy Sykes Behind The Voice Actors
Profit.ly’s Pros and Cons
- Profit.ly’s many capabilities as a “one-stop” platform for trading stocks allows it to provide traders everywhere with a wealth of education tools, communication, and trading tools
- You’ll receive excellent training and tips from the in-house gurus, including video libraries that teach you how to learn and trading in real-time.
- You can be sure of complete transparency through Profit.ly by using accurate data and fellow traders that are waiting to reach you out whenever something happens
- The leaderboard feature on the platform gives you the opportunity to increase your credibility as a trustworthy and dependable trader
- Apart from its core capabilities, Profit.ly also gives its customers additional options to meet their preferences, such as posting unauthentic trades via screenshots
- Profit.ly’s wide array of subscription plans and guru packages are priced at reasonable prices – there truly is something for everyone
- Profit.ly’s numerous packages and services offered could not be enough for a lot of its customers
- If traders decide to open any kind of trade, there’s an opportunity that some them may take advantage by selecting the best trades in order to improve their ratings – this may be a concern that should not be overlooked.
- Profit.ly does not accept refunds as the premium customers are expected to immediately take advantage of the numerous features the platform is able to provide
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 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 Behind The Voice Actors
What we mean”yes” is it could be a useful learning tool. For those who are struggling, they may discover Profit.ly’s variety of resources helpful when they try their best to avoid losses and be more successful than they did before. It’s not just the poor traders that can benefit from the platform. It will be able to accommodate beginners as well as even experts!
If you really desire to be better at trading and wish to learn from your fellows and gurus throughout the process, then look no further – Profit.ly is a fantastic choice to start.
FAQ Timothy Sykes Behind The Voice Actors
What are the best ways to use Profit.ly to make your trades public?
Profit.ly includes an entry section for trades within the ‘My Trade’ category of the dashboard. It allows you to post your trades that are verified or otherwise. There are three options:
- Connecting your account to your broker of choice and import transactions directly through there
- Manually inputting your trades with specified spaces and information.
- Send a screen shot of your transactions
How can I tell if the trade is verifiable or not?
If you buy your trade from a trusted brokerage, there’s a high chance that it is verifiable. This is evident by the blue check mark. If you post the information manually or via images, it will be classified as unverified.
The disadvantage of an unauthentic trade is the chance of getting downvotes from your fellow peers. A large number of downvotes could cause you to show up at the top of the Madoff leaderboard, which is where the public can detect who’s being dishonest in posting trades.
Is the Profit.ly mobile app still in use?
As of the moment, Profit.ly is still available for download on the Apple App Store and in the Google Play store. The mobile app version is compatible with the majority of operating tablets and smartphones.
How many people are currently on Profit.ly?
Profit.ly currently houses more than 150,000 investors and traders since they’re not just seeking to make the most profit but also help each other learn and improve in acquiring opportunities in the stock market all over the world.