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Stock trading can be an extremely risky game. Some days, you might be reaping the benefits of pleasing and positive numbers. On other days, the opposite may happen and it can be extremely difficult to return to where you were at your best. If you’re always in the mud, you will have to realize that relying on pure instinct and preservation might not be enough.

If you’ve been incurring occasional losses You’ll need sound advice from tried-and-tested trading experts. Additionally, you’ll require an important boost from colleagues in the market from all over the world, which is why we’ve discovered an online platform that will help you in your improvement in the market. In this review, we’ll take a look at Profit.ly, a well-recognized single-stop social platform to trade!

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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.

Overall Rating: 4.1/5 Timothy Sykes Blog First

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 enables traders of various levels to be informative responsible, transparent, and encouraging each other through its broad range of features and tools including trade verification, chat rooms, and an enriched library of educational material.

What exactly is Profit.ly?

Profit.ly is a trading website that functions as a learning and education platform for people who are starting out and as a hub for traders with experience to keep track of their performance with the help of sophisticated analytics tools. Offering users a broad array of options for trade and communication that help traders from all walks of life network with one another. It offers gurus with an opportunity to invest in the right areas that the site. 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 publishes all data from them in the form of leaderboards. The platform’s trading model is based on honesty and transparency: it guarantees that the transactions are legitimate and will not tolerate inauthenticity as much as 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 his interview with Forbes publication, Sykes said that Profit.ly was based “on showing the entire spectrum of trades, something which has never been prior to.” This idea Sykes said served two purposes: 1) creating public track records for all traders, not just the gurus and students and newsletter writers, and 2) allowing all users to learn from the losses and wins to benefit the industry of trading. Timothy Sykes Blog First

How Does It Perform?

Profit.ly follows a subscription-based model that allows stock traders to gain access to a multitude of tools and services that are geared at achieving success. You can create an account on the site for free, but you’re only limited to having the ability to navigate through the leaderboards and monitor the activities of non-gurus. If you’re ready to invest your money in order to find out what stocks the experts are trading in real time it is necessary to sign up to one of Profit.ly’s offerings that we’ll discuss in the near future.

Making an account simple: Create an account that includes your personal information and knowledge, then connect to your brokerage account and you have yourself a chance to shoot your way up to high on the leaderboard. Profit.ly’s leaderboard feature, as we’ve mentioned earlier, is designed to give its users a glimpse of their performance as a trading group as well as its experts. It’s not only a chance to prove value to a large group of traders, but you are also able to use Profit.ly to shop with a guru, and have the assurance that you’re comfortable with their expertise and the credibility of their claims.

If you are unsure about the idea of sharing information about your account with a brokerage, you may choose to publish your trades, verified or not, via photographs. Also included in Profit.ly are the vast number of trading classes as well as the ability to look at statistics on a person’s profile and other methods to connect with your gurus via chatrooms as well as text and e-mail alerts and updates.

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Meet Tim Sykes, the founder: Tim Sykes

Timothy Sykes is a well-renowned day trading personality who is famously known for his efforts in trades in penny stocks. According to Investopedia, a penny stock refers to a small company’s stock that trades for just less than 5 cents per share. Penny stock trading is an opportunity for small businesses to transition into a larger market because it gives them access to capital from the public. But don’t be mistaken – it’s also an extremely risky activity, as Sykes is sure to reveal because of his decades of expertise.

Since his initial beginnings at the end of his time in high school, Tim Sykes has, since then, earned an estimated $6 million profit throughout his illustrious career as a trader. At the age of 25 Sykes was given more exposure and a wider reach of influence when he became part of the reality show “Wall Street Warriors.” He made use of the show to establish trading rooms, penny stock themes, as well as educational content targeted at people who are brand new to trading. He also played a role in establishing Profit.ly as a platform 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 amazing features is the wide range of educational sources, trade alerts and other helpful stuff provided by the company’s internal gurus. Gurus are referred to the trading experts who have earned significant amounts of profit from their combined years of expertise. Timothy Sykes Blog First

At its peak, Profit.ly had housed up to five gurus. Each of them a professional in their niche in the field of trading. Some of the most prominent experts were Connor Bruggermann, Nathan Michaud of Investors Underground, and Triforce, among a few others. As of this writing, however, only two gurus remain on this platform: Founder and 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’s Alerts

Sykes offers an essential stock trading service that focuses on penny-stock day trading via Tim’s Alerts. At $74.95 per month, you will see him focus on the fundamental catalysts for stocks and utilize them to forecast the next move that is possible when making trades.

A purchase on its own from Tim’s Alerts will get you access to the chatroom, as well as the mobile app available for iOS and Android devices, as well as email, text and push alerts as well as a daily watchlist of stocks.

from Tim Sykes: The Pennystocking Silver Package

Pennystocking Silver is the premium version, with an upgraded version of Tim’s Alerts package. At $149.95 for a month this is the perfect plan for those who are more invested in penny stock trading. Pennystocking Silver includes all the basic features found in prior plans, including swing trading alerts and unlimited access to an extensive collection of more than 7,000 educational videos that are updated each week.

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From “Superman” Paul Scolardi: Superman Alerts

Scolardi who goes under the name “Superman,” is a professional in swing trading with an eye for both tiny-cap massive stocks as well as wildly accurate marketing forecasts. In the time since the time he started trading, Superman has amassed over $5.5 million in trading profits. Timothy Sykes Blog First

The Superman Alerts package is his offering of essential features and alerts on trading geared towards those who might be interested. For just $147 per month, you’ll have an access to the day-to-day stock watchlist that is premarket along with the mobile application, daily market commentary shown in real time, and SMS and e-mail alerts.

From “Superman” Paul Scolardi: Superman Pro

For $247 per month, you can enjoy additional features and access to a knowledgeable base that is provided by Superman himself via his Superman Pro package. In addition to the basic features featured in the Alerts package, Superman Pro gives you weekly video lessonsthat include an ever-growing library of previous lessons. On top of that you’ll also gain the ability to access premium reports on research and an IPO as well as earnings tracking tool.

Profit.ly Programs and Costs

If you’re ready to join the world of online trading and leave a mark in the field, Profit.ly has the right amount of resources to help you up and running. Profit.ly offers three membership tiers 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 basic plan that is designed specifically for people who are brand new to the trading community. As you sign up for this plan, you will be immediately given a slew of robust and indispensable trading tools, all of them integral in keeping your hands on what we call a competitive process by itself.

Among the list of things you can accomplish using Profit.ly’s Novice program is the capability to check trades and track profits and follow-up, leading, and even messaging other traders; and providing feedback on trades today. You’re also allowed to get on leaderboards, analyze the results of your analysis, sort, or filter the trades you make; and, finally, see other’s stats.

The Novice plan will cost $29.95 per monthly payment. While it may look attractive for the price alone however, there’s a drawback. You aren’t able to create a personal profile, which makes 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 plan.

Trader Plan

The Trader package allows you to take advantage of many of the features of the novice plan. In this plan, that you are able to create an account that is private to share with other associate users all your knowledge and intel in trader’s community.

Costing $49.95/month, Profit.ly’s Trader plan does what the name suggests: Cater for those looking to improve their skills in trading. As nice as it seems but there’s one important aspect that’s not included. As opposed to the prior Novice package, this one won’t be able to see other traders’ statistics this could be a problem for those who are eager to try this new tier. Timothy Sykes Blog First

Pro Plan

The Pro plan is the most luxurious package Profit.ly offers to experienced traders. At $74.95 monthly, with a 22% discount for annual billing the Pro plan has it all. You get full, no-holds-barred access to all features of the previous plans.

You’re not only able to look at other people’s statistics 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 fullest potential. If you’re in search of a plan that can serve you everything you need as a skilled trader, maybe the Pro plan is ideal for you!

Profit.ly’s Other Services

In addition to the training tools and the Leaderboards Profit.ly provides a variety of other services they offer. One of these is its online store, where customers can choose from a wide array of videos that are designed to educate and guide you through the nuances and pitfalls of trading. All of the products featured in this section of the website can be bought immediately for your personal use. These include best-selling products such as”Trading Tickers, “Trading Tickers” series by trading professional Tim Grittani, Timothy Sykes’s library of DVDs and streaming-only content on short stocking, penny stocking, as well as all things trading-related, clips and clips taken from The Annual Pennystocking Conference, and other products by expert traders.

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The chat rooms that are integrated are included in Profit.ly’s range of services and features. You may be familiar with the chat room since you can find it throughout social and messaging platforms as well as some specialty websites that offer live chat support. But in Profit.ly the chat room is viewed as a hands-on space where experts and their members trade and share knowledge in real-time. Each guru has their style when it comes to running their chat room and dealing with the members there. One might be more laid back and less active, while another might be more interactive and online in their interactions with students. Think of the chatrooms as Profit.ly’s version of the forum in essence.

Who is the ideal trader to Profit.ly?

Profit.ly’s diverse range of products and features caters to a large variety of stock trader types, from novices to experienced professionals. With the variety of deals it has to offer it is certain to have something for all.

Beginners, for instance, will enjoy Profit.ly’s library of learning information available on the platform. Not only will they be enriched with weekly videos and chat room tips from the in-house experts as well as their members. They’ll also be able to select from the products in its online store that they can take with them wherever they go. They can also gain hands-on experience trading on the platform, but eventually, they will soon learn that the process is a risky game that should not be viewed as an opportunity to make fun of.

For the traders with decades of experience in the road, we consider Profit.ly equally suitable to them as the newcomers. While the newbies may not be as adept at managing trading however, experienced traders know the way it functions and the plethora of risks that it carries. Ideally, they may make use of Profit.ly’s variety of features to their best advantage to develop their skills in trading. 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-inclusive” nature does not only apply to beginners and semi-experienced traders. Verified experts can also join in the excitement! Trade professionals who are at similar levels to Superman and Tim Sykes can also use Profit.ly’s capabilities. Profit.ly’s capabilities to showcase their expertise to other traders in order to assist them in the ever-changing trading process. Timothy Sykes Blog First

Profit.ly’s Pros and Pros and

The Pros

  • Profit.ly’s many capabilities as a “one-stop’ stock trading platform allows traders across the globe with tons of learning communications, trading, and communication tools
  • You’ll be provided with excellent lessons and tips from the in-house gurus, including video libraries that teach you how to learn and live trading activity.
  • You can be sure of complete transparency through Profit.ly by using accurate data as well as other traders ready to call you out if something occurs.
  • The platform’s leaderboard feature gives you the chance to establish your reputation as a reliable and authentic trader
  • Apart from its core capabilities, Profit.ly also gives its customers extra options that can be tailored to their individual preferences, for instance, posting unauthentic trades via screenshots
  • Profit.ly’s variety of subscription plans and guru packages are priced at affordable rates – there truly is something for everyone

The Cons

  • Profit.ly’s numerous products and packages offered might not be enough for the majority of its customers
  • Since traders can choose to post 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 could be a concern that should not be simply overlooked
  • Profit.ly does not offer refunds because the premium customers will immediately take advantage of the numerous services the platform has to offer

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The Final Verdict: Is Profit.ly Worth It?

If we were able to come up with the answer, it would be 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 designed to be used in this way. Instead, it is best to keep an open mind. Timothy Sykes Blog First

What we do mean by ‘yes’ is that it can be a great learning tool. People who are stuck could find Profit.ly’s range of resources to be helpful in their efforts to incur lesser losses and be more successful than before. It’s not just the struggling traders who will benefit from this platform. It is able to accommodate novices and even experts in the field!

If you really desire to be a better trader and want to learn from your mentors and peers along the way, then look no further – Profit.ly is a fantastic choice to start.

FAQ Timothy Sykes Blog First

How can you make use of Profit.ly to publish your trades?

Profit.ly offers a trade entry portion within the “My Trade section of the dashboard that lets you post your trades, verifiable or not. You may choose between three options:

  1. Linking your account to the broker of choice and import the trades from that directly
  2. Manually entering your trades into specified spaces and information.
  3. Upload a screenshot of your trades

How can I tell if the trade is verifiable or not?

If you purchase your trade from a trusted brokerage, there’s a high likelihood that it can be verified. This is evident by the blue check mark. If you post the information manually or via images, it will be assigned as unverified.

The drawback of posting an unverified trade is the possibility of receiving downvotes from friends and colleagues. Too many downvotes may cause you to be listed on the Madoff leaderboard, which is where the public are able to identify who is fraudulent in posting trades.

Does the Profit.ly mobile application still available?

As of the moment, Profit.ly is still available to download from the Apple App Store and in the Google Play store. The mobile version of the app works with all functioning tablets and smartphones.

How many are connected to Profit.ly?

Profit.ly is currently home to over 150,000 investors and traders, as they not only are seeking to make the most profit but also help each other grow and learn more about acquiring stock market opportunities all over the world.

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