Stock trading is a high-stakes game. On certain days, you could enjoy the benefits of positive and satisfactory numbers. However, on other days, the opposite may happen and it could be extremely difficult to return to where you were your peak. If you are constantly stuck in the gutter You will need to realize that relying on your instincts and preserving is not always enough.
If you’ve experienced occasional losses and you’re likely to require solid advice from seasoned and tested trading experts. You’re also gonna need an important boost from trading partners from all over the globe, which is why we’ve found a platform that can support you to improve your performance in the industry. This review will be taking an in-depth look at Profit.ly A well-respected one-stop 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.
Overall Rating: 4.1/5 Timothy Sykes Bow Wow
Value: 4.1/5
Quality: 4.1/5
Costs: 4.1/5
The User’s Experience 4.5/5
Summary
Profit.ly can be described as an online platform for trading that allows traders of all levels to be informed and accountable, as well as transparent and to build relationships with each other by offering a wide array of tools and features like chat rooms, trade verification and a rich library of educational content.
What is Profit.ly?
Profit.ly is a trading website that serves both as a learning and education platform for people new to trading and also as a platform for traders with experience to keep track of their performance through the use of advanced analytics tools. It provides users with a vast range of resources for trade and communication that help traders from all walks of life network with one another. It also allows gurus to make worthwhile investments within the confines of the platform. Imagine it as a social media site akin like Facebook and Reddit, but for experts 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 trust and transparency. it ensures 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 an interview with Forbes magazine Sykes stated that Profit.ly was motivated by its focus “on the transparency of every trade, something that was never previously done.” The idea was, he said, serving two goals: 1.) making public records for everyone, not just the experts, but also the newsletter authors and students as well as) allowing everyone on the platform to learn from both losses and wins to benefit the industry of trading. Timothy Sykes Bow Wow
How Does It Work?
Profit.ly is a subscription-based platform which allows stock traders to have access to a range of services and features geared at achieving the success of their business. It is possible to create an account for free, but you’re only given access to the leaderboard and follow the actions of non-gurus. If you’re ready to invest your money and see which stocks the gurus are trading in real-time, you will need to join one of Profit.ly’s deals that we’ll review in the coming days.
Making an account easy: create an account that includes your personal information and skills, join to your brokerage account and you’ll have an opportunity to make through the top of the leaderboard. Profit.ly’s leaderboard feature, as previously mentioned it is designed to provide its users a look at how the community of traders performs and its gurus. It’s not only a chance to prove that you’re worthy to the community of traders, as you can also use Profit.ly to purchase with a professional with the assurance that you’re comfortable with their expertise and the credibility of their assertions.
If you feel uneasy with the idea of divulging information about your account with a brokerage, you may decide to share your trades, either verified or not, via pictures. Also included in Profit.ly are a variety of courses in trading and the capability to see statistics on a person’s profile as well as other ways to connect with your gurus through the chatroom along with 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 guru who is well-known for his efforts in trades in penny stocks. According to Investopedia the term “penny stock” refers to a small company’s stock which trades at just less than 5 cents per share. The trading of penny stocks can be seen as an avenue for small companies to move into a larger market because it allows them to access capital from the general 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 experience.
Beginning in his late years in High School, Tim Sykes has, since then, earned an estimated $6 million profits through his lengthy career as trader. At 25 years old, he had been given greater exposure and an even wider reach of influence when he became part of the reality show “Wall Street Warriors.” He then used the opportunity to create trading rooms as well as penny stock themes and educational material aimed at people who are brand new to the trading field. He also played a role in establishing Profit.ly as a place of transparency and for the community to uplift and compete against each other on the platform.
The Profit.ly Gurus
One of Profit.ly’s sweet inclusions is the vast array of educational resources, trade alerts, as well as other useful information provided by the platform’s in-house gurus. These gurus refer to the trading experts who have proven to make substantial amounts of money from their collective years of expertise. Timothy Sykes Bow Wow
At its peak, Profit.ly had housed up to five gurus, all of them a professional within their particular field in the trading industry. Some of the most prominent experts were Connor Bruggermann, Nathan Michaud of Investors Underground, and Triforce as well as a handful of others. At the time of writing, there are only two gurus who remain on the platform: the founder and penny stock trader Tim Sykes and veteran smallcap swing trader Paul Scolardi, also known as Superman. In light of that we’ll take a look at the packages each guru has to offer.
From Tim Sykes Tim Sykes
Sykes offers a basic stock trading service which focuses on penny stock day trading through Tim’s Alerts. Costing $74.95 per month, you’ll see him focus on the fundamental stock catalysts and use them to predict the next possible moves in trading.
A standalone purchase of Tim’s Alerts will get you access to the chatroom as well as the mobile app that’s available for iOS and Android devices, as well as email, text and push alerts as well as a daily watchlist of stocks.
Tim Sykes: From Tim Sykes: The Pennystocking Silver Package
Pennystocking Silver is the most premium, upgraded version of the Tim’s Alerts program. Priced at $149.95 monthly, it is an ideal plan for those who are more involved in the penny-stock market. Pennystocking Silver comes with all the standard features of prior plans, including alerts for swing trading and access to an extensive library of more than 7,000 instructional 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 name “Superman,” is a swing trading professional with an eye for small-cap monumental stocks and crazy-accurate marketing forecasts. In the time since he began as a trader, Superman has amassed over $5.5 million in all-time trading earnings. Timothy Sykes Bow Wow
The Superman Alerts plan is an offer of the most essential features and trading alerts targeted toward those who may be interested. For $147 per month, you’ll gain access to the daily stock watchlist that is premarket along with the mobile app, daily market commentary in real-time, as well as email and SMS alerts.
In “Superman” Paul Scolardi: Superman Pro
At $247/month, you get additional features, as well as access to the extensive knowledge base that is provided by Superman himself via the Superman Pro package. In addition to the basic features included in the Alerts plan, Superman Pro gives you weekly video lessons, including the growing collection of 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 online trading community and leave your mark on the industry, Profit.ly has the right amount of resources to get you going. The platform offers three membership tiers that are designed to accommodate traders at different levels. Let’s take a look at what these three tiers are and how much they’ll 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 community. As you sign up for this plan, you will be immediately given a slew of robust and indispensable trading tools, each one of them essential in keeping your fingers on what we call a competitive process in and of itself.
Among the list of things you can accomplish with Profit.ly’s Novice program is the ability to verify trades and track profits; leading, following and even texting your fellow traders, as well as leaving feedback on today’s trades. It also allows you to be on leaderboards; analyze, sort, as well as filter trades; and lastly, look at other’s stats.
The Novice plan costs $29.95 per monthly payment. Although it might look appealing just by the price but there’s a disadvantage. You can’t create a private profile, thus making your personal information public. If you do want to have access to this feature, you should be watching for us to introduce to you Profit.ly’s next plan.
The Trader Plan
The Trader package lets users to benefit from the majority of features available in The Novice package. This plan allows that you are able to create an individual profile that allows you to share with fellow associate users all the insights and knowledge you gain from this trading group.
Costing $49.95/month, Profit.ly’s Trader plan is exactly what it says: Cater for those looking to develop their expertise in trading. While it’s nice however, there’s a crucial element that’s missing. In contrast to the Novice package, you will not be able to view other traders’ stats this could be a problem for some who may be anticipating this level. Timothy Sykes Bow Wow
Pro Plan
This is by far the highest expensive plan Profit.ly could offer for seasoned traders. It costs $74.95 per month, and a 22% discount when billed annually the Pro plan has everything. You get full, no-holds-barred access to all the features from the two previous plans.
You’re not only able to view other people’s stats, 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 fullest potential. If you’re in search of a plan that can serve you everything you need as an experienced trader, the Pro level is ideal for you!
Profit.ly’s Other Services
Apart from the provided tools for training and leadersboards Profit.ly provides a variety of more services it has to provide. One of these is its online store, which lets users pick from a range of videos that are designed to educate and help you understand the nuances and pitfalls of trading. Each of the offerings listed in this section of the website is available to be purchased immediately for personal use. Some of these include bestsellers like the “Trading Tickers” series by trading specialist 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 other products by expert traders.
> > Click Here to Check Out Profit.ly < <
The integrated chat rooms are included in Profit.ly’s array of features and services. You’re probably familiar with the concept of chat rooms since you will see it on messaging and social platforms, in addition to a few special websites that provide live chat support. But in Profit.ly it’s seen as a space where experts and their members can interact and share knowledge in real-time. Every guru has their own style in operating their chat room and dealing with the members. One might be laid back and less active, while another may be more interactive and online with their students. Think of the chat rooms like Profit.ly’s version of the forum, in the essence.
Who is the best Trader for Profit.ly?
Profit.ly’s diverse range of products and features are geared towards the wide range of stock traders, from beginners to experienced pros. Given the wide range of options it has to offer this platform definitely has something for every person.
For instance, newbies will enjoy Profit.ly’s collection of educational materials available across the platform. Not only will they get daily videos and chat room tips by its internal gurus as well as their members. Additionally, they can select from the products on its store online for them to take wherever they may be. Additionally, they can gain practical experiences from trading within the platform, but ultimately, they will soon learn that this is a high-stakes game that should not be viewed as a joke.
For the traders with years of exposure down the line, we believe Profit.ly as equally as suitable for them as it is for the newcomers. Although the novices might not be as well-equipped with handling trading matters however, experienced traders know how it works along with the risky mix associated with it. It is ideal to utilize Profit.ly’s range of features to their best advantage to enhance their trading abilities. 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-together’ nature doesn’t just apply to newbies as well as semi-seasoned traders. Certified experts can also take part in the enjoyment! Trade professionals who are on similar levels to Superman or Tim Sykes can also use Profit.ly’s capabilities. Profit.ly’s abilities to show off their skills to others as a way to guide them through the ever-illustrious trading process. Timothy Sykes Bow Wow
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 an abundance of knowledge, communication, and trading tools
- You’ll 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 ready to call you out if something occurs.
- The leaderboard feature on the platform gives you a way to build your reputation as a reliable and dependable trader
- Apart from its core features, 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 wide array of subscription levels and guru packages are priced at affordable rates There’s something for every person
The Cons
- Profit.ly’s bountiful stream of packages and services offered could not be enough for most of its users
- Since traders can choose to open any kind of trade, there’s the possibility that some of them will profit by picking the most profitable trades to improve their ratings – this may be a problem that shouldn’t be overlooked.
- Profit.ly does not offer refunds because its premium users are expected to immediately take advantage of the numerous features the platform is able to provide
> > Click Here to Check Out Profit.ly < <
The Final Verdict: Is Profit.ly Valued?
If we were able to come up with an answer to this question, it would be an affirmative “yes”. However, you must realize that the platform should not be used as a scheme to get rich quick. The platform wasn’t originally intended to be created in this way. Instead, you should have the ability to think with an open heart. Timothy Sykes Bow Wow
What we mean”yes” is it can be a great learning tool. People who are stuck might be able to find Profit.ly’s range of resources useful when they try their best to reduce losses and be more successful than they did before. Not only struggling traders who will profit from the platform. It will be able to accommodate beginners as well as even experts in the field!
So, if you genuinely desire to be more successful in trading and would like to learn from your mentors and peers along the way, then you should look no further than Profit.ly. Profit.ly may be a great alternative to start.
FAQ Timothy Sykes Bow Wow
How do you use Profit.ly to make your trades public?
Profit.ly includes an entry section for trades in the ‘My Trade section of the dashboard that allows you to post your trades that are verified or not. There are three options:
- Connecting your account to your brokerage of choice and importing the trades from that directly
- Manually inputting your trades with provided spaces and specifics
- Take a photo of your trades
How do I know whether the trade is authentic or not?
If you buy your trade from a trusted brokerage, there’s an excellent chance that it is verifiable. This is evident by the blue check mark. If you submit the information manually or via images, it will be classified as unverified.
The downside of having an unauthentic trade is the possibility of receiving negative feedback from friends and colleagues. If you receive too many negative votes, it could cause you to be listed at the top of the Madoff leaderboard, where users are able to identify who is fraudulent in posting trades.
Is the Profit.ly mobile application still available?
At the time of writing, Profit.ly is still available to download from the Apple App Store as well as in the Google Play store. The mobile version of the app is compatible with most functioning tablets and smartphones.
How many people are currently using Profit.ly?
Profit.ly currently houses more than 150,000 investors and traders, as they not only are seeking to make the most profit but also help each other learn and improve in acquiring opportunities on the stock market left and right.
