Stock trading can be a high-stakes game. On certain days, you could enjoy the benefits of positive and satisfying numbers. On other days, the opposite may happen, and it may sometimes be extremely difficult to get back to where you were your best. If you are constantly stuck in the gutter, you will have be aware that relying solely on pure instinct and preservation is not always enough.
If you’ve experienced loss from time to time, you’re gonna be needing solid advice from seasoned and tested trading experts. Additionally, you’ll require an enormous boost from your fellow traders from around the globe, which is why we’ve found an online platform that will help you in your growth within the field. This review will be taking an in-depth look at Profit.ly, a well-recognized 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. Do check out our article below, however, because it has a comprehensive overview of Profit.ly.
Total Rating: 4.1/5 Timothy Sykes Come Back
User Experience: 4.5/5
Profit.ly offers an internet-based trading service that enables traders of different levels to be knowledgeable, transparent, accountable, and to build relationships with each other through its broad array of tools and features like trade verification, chat rooms, and an enriched library of educational material.
How do I define Profit.ly?
Profit.ly is a trading site which serves as a training and learning platform for those who are just beginning their journey as well as a place for experienced traders to track their performance using the aid of cutting-edge analytics tools. Providing users with a wide variety of tools for trade and communication and letting traders from all walks of life connect with each other. It gives the gurus worthy investments within the boundaries that the site. Consider it an online social media platform similar to Facebook and Reddit, but for professionals and traders.
Profit.ly independently verifies trade performances and posts all the data from them in the style of leaderboards. The trading platform is built on trust and transparency. it guarantees that the trades are valid and won’t allow for fraud as much as is humanly possible. It was founded years ago by the penny stock trade expert and investment guru Timothy Sykes, along with fellow expert Michael Mosseri.
One time , during an appearance in Forbes magazine, Sykes said that Profit.ly was driven by its focus “on the transparency of the entire spectrum of trades, something which has never been prior to.” The concept Sykes said served two objectives: one) creating public track records for not just the gurus as well as newsletter writers and students and secondly) allowing all users to gain insight into the losses and wins to benefit the industry of trading. Timothy Sykes Come Back
How Does It How Does It
Profit.ly follows a subscription-based model which allows stock traders to benefit from a variety of services and features geared toward the success of their business. You can create an account on the site at no cost, however you’re limited to the ability to navigate through the leaderboard and follow the actions of non-gurus. If you’re ready to invest your money and see what stocks the experts are trading in real-time it is necessary to subscribe to any of Profit.ly’s offerings that we’ll go over shortly.
The process of opening an account is simple: Create an account with your experience and skills, join your brokerage account, and you’ll be given an opportunity to make your way up to the top of the leaderboard. Profit.ly’s leaders’ board feature as mentioned previously, is designed to give its users a glimpse of the performance of the trading community and its experts. It’s not only a chance to prove that you’re worthy to the large group of traders, as you can also utilize Profit.ly to purchase with a guru, and have the assurance that you’re confident of their knowledge and the credibility of their assertions.
If you’re not comfortable with the concept of leaking information about your account with a brokerage, you can decide to share your trades, whether verified or otherwise, through pictures. Included in Profit.ly are a variety of trading classes and the capability to see the stats of a trader’s account and other methods to interact with your experts in the chatroom, along with email and text alerts 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 his involvement in the penny-stock market. According to Investopedia, a penny stock refers to a small company’s stock which trades at less than $5 per share. The penny stock market could be viewed as an avenue for small-scale businesses to make the transition to a large marketplace as it gives them access to funds from the general public. But don’t make the mistake of thinking that it’s also an extremely risky game, as Sykes is sure to reveal because of his decades of expertise.
From his beginnings in his late years in High School, Tim Sykes has, since then, earned an estimated $6 million profit during his long and successful career as trading professional. At 25 years old, he had been given greater exposure and an even wider reach of influence when he was a part of the reality show “Wall Street Warriors.” He used the opportunity to develop trading rooms, penny stock themes, as well as educational content targeted at those who are new to trading. He also played a role in establishing Profit.ly as a platform for openness, and for the community to uplift and compete on the platform.
The Profit.ly Gurus
One of Profit.ly’s sweet inclusions is the wide range of educational resources, trade alerts, as well as other useful information provided by the in-house experts of the platform. Gurus are referred to the experts in trading who have earned significant amounts of profit through their years of experience. Timothy Sykes Come Back
At its peak, Profit.ly had housed up to five gurus, each of them a professional within their particular field in the trading industry. Some of the most famous 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 of the penny stock market Tim Sykes and veteran smallcap swing trader Paul Scolardi, also known as Superman. When we take that into account Let’s look at the packaged offers each guru offers.
From Tim Sykes Tim Sykes: Tim’s Alerts
Sykes offers basic stock trading services which focuses on penny-stock day trading via Tim’s Alerts. The cost is $74.95 for a month you’ll be able to observe him focus on fundamental stock catalysts and use them to predict the next possible moves in trading.
A purchase on its own in Tim’s Alerts will get you access to the chatroom as well as the mobile app that’s available for iOS and Android devices; text, e-mail, and push alerts; and a daily stock watchlist.
from Tim Sykes: The Pennystocking Silver Package
Pennystocking Silver is the premium, upgraded version of the Tim’s Alerts package. Priced at $149.95 monthly, this is a great option for investors who are invested in penny stock trading. Pennystocking Silver includes all the basic features that were included in earlier plans including alerts for swing trading and access to a rich library of more than 7,000 instructional videos and new videos released every week.
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The following video is from “Superman” Paul Scolardi: Superman Alerts
Scolardi who is known under the name “Superman,” is a professional in swing trading with an eye for massive stocks of the small-cap size and insanely accurate marketing forecasts. In the time since the time he started trading, Superman has amassed over $5.5 million in total trading profits. Timothy Sykes Come Back
The Superman Alerts plan is his offer of the most essential features and trading alerts geared towards those who might be interested. For $147/month, you’ll get access to the daily premarket stock watchlist and the mobile app, the daily market updates in real time, and E-mail and SMS alerts.
From “Superman” Paul Scolardi: Superman Pro
For $247 per month, you can enjoy additional features and access to a knowledgeable base of information provided by Superman himself via Superman Pro. Superman Pro package. Alongside the standard features included in the Alerts package, Superman Pro gives you daily video lessons, which include the growing collection of the previous ones. In addition, you’ll also get an access to high-quality research papers as well as an IPO as well as earnings tracking tool.
Profit.ly plans and costs
If you’re looking to join the trading community on the internet and leave a mark in the market, Profit.ly has the right amount of resources to help you going. Profit.ly offers three membership tiers that are designed to accommodate traders of different levels. Let’s take a look at what these three tiers are and how much they’ll cost you.
The Novice package is Profit.ly’s basic plan that is designed specifically for those who are new to the trading world. When you sign up for this package you’ll be given a slew of robust and essential trading tools, each of which is essential to keep your fingers on what we call a competitive process in and of itself.
Some of the features you can do using Profit.ly’s Novice program is the capability to check the results of your trades and track profit as well as leading, following, and even messaging other traders; and giving feedback on the trades of today. You’re also allowed to get on leaderboards; analyze your trades, sort and filter your trades and, finally, see other people’s statistics.
The Novice plan will cost $29.95 per month. Although it might look appealing just by the price however, there’s a drawback. It isn’t possible to create a private profile, thus making your personal information public. If you do want to gain access to this feature, be watching for us to introduce to you Profit.ly’s next plan.
The Trader Plan
The Trader plan allows you to take advantage of a majority of features from the Novice plan. In this plan, that you can set up an individual profile that allows you to share with fellow 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 catering to those who desire to harness their trading skills. While it’s nice, there is one significant feature that is missing. In contrast to the Novice package, this one won’t be able view the statistics of other traders, which could be a problem for those who are looking forward to this tier. Timothy Sykes Come Back
The Pro plan is the highest premium package that Profit.ly can offer to experienced traders. At $74.95 each month and a 22% discount when billed annually, this tier has everything. You get full, no-holds-barred access to all the options of the previous plans combined.
Not only do you get to view other people’s stats as well, you’re also offered the option of creating your own private profile. Both of these features, plus the other advantages you’ll be able to use to the fullest potential. If you’re in search of an account that will give you with everything you require as a skilled trader, maybe the Pro level is the right choice for you!
Profit.ly’s Other Services
In addition to the tools for training and leaderboards, Profit.ly offers a number of other services they provide. One of those is its online store, which lets users pick from a range of video products designed to inform and provide guidance on the ins and outs of trading. All of the products featured in this section of the site can be purchased immediately for personal use. Some of these include bestsellers like”Trading Tickers,” the “Trading Tickers” series by trader specialist Tim Grittani, Timothy Sykes’s collection of DVDs and streaming-only content about short stocking, penny stocking, and all other aspects of trading. There are also clips and clips taken from The Annual Pennystocking Conference, and items from other experts in trading.
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The integrated chat rooms are included in Profit.ly’s range of features and services. You are probably familiar with the chat room as you can find it throughout messaging and social platforms, and also on a few specialty websites that offer live chat support. But in Profit.ly it’s seen as a real-time place where gurus and their members can interact and learn in real time. Every guru has their own way in operating their chat room and dealing with the listed members. One might be more laid back and rarely active, while another might be more online and communicative to their pupils. Consider chat rooms 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. Given the wide range of options it has to offer, the platform surely has something for all.
Beginners, for instance, can take advantage of Profit.ly’s library of learning information available on the platform. Not only will they get daily videos and chat room advice from the in-house experts as well as their members. Additionally, they can pick from the merchandise available in its online store to carry with them wherever they be. They can also gain hands-on experience trading on the platform, but eventually they’ll be able to realize that this is a risky game that shouldn’t be taken as a joke.
For those traders who have had years of exposure down the line, we believe Profit.ly equally suited to those who are just starting. While the newbies may not be as proficient in managing trading but the experts already know the way it functions and the plethora of risks that come with it. Ideally, they may use Profit.ly’s variety 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 throughout the process.
Profit.ly’s “all-in” approach does not only apply to beginners or semi-experienced trader. Verified experts can also join in the enjoyment! People in the trade industry who are at the same level as Superman as well as Tim Sykes can also use Profit.ly’s capabilities. Profit.ly’s abilities to show off their skills to others in order to navigate them through the ever-changing trading process. Timothy Sykes Come Back
Profit.ly’s Pros and Pros and
- Profit.ly’s numerous capabilities as a ‘one-stop’ stock trading platform enable it to provide traders everywhere with tons of learning, communication, and trading tools
- You get to receive excellent training and insights from its inside experts, as well as collections of educational videos as well as real-time trading activities
- You’re guaranteed transparency throughout Profit.ly by using accurate data as well as fellow traders ready to call you when something goes wrong.
- The leaderboard feature on the platform gives you a way to build your reputation as a reliable and authentic trader
- Apart from its main abilities, Profit.ly also gives its customers extra options that can be tailored to their needs, like posting unauthentic trades via screenshots
- Profit.ly’s wide array of subscription levels and guru packages are priced at reasonable prices There is truly something for every person
- Profit.ly’s numerous products and packages offered might seem overwhelming for a lot of its customers
- If traders decide to open any kind of trade, there’s an opportunity that some them will profit by selecting the best trades in order to improve their ratings – this may be a risk that shouldn’t be ignored.
- Profit.ly does not offer refunds because its premium users are expected to instantly benefit from the number of features the platform is able to offer
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The Final Verdict The Final Verdict: Is Profit.ly worth it?
If we were able to come up with an answer to this question, it would be yes. But it is important to realize that it shouldn’t be treated as a scheme to get rich quick. It wasn’t meant to be designed in this way. Instead, you should have the ability to think with an open heart. Timothy Sykes Come Back
What we are referring to”yes” is that it could be a useful learning tool. People who are stuck could find Profit.ly’s range of resources useful as they do their best to incur lesser loss and perform better than before. It’s not just the poor traders that can 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 peers and experts throughout the process, then take a look at Profit.ly. Profit.ly may be a great alternative to start.
FAQ Timothy Sykes Come Back
How do you use Profit.ly to make your trades public?
Profit.ly offers the option of allowing trade entries in the “My Trade section of the dashboard which lets you record your trades that are verified or otherwise. You may choose between three options:
- Linking your account with your brokerage of choice and then importing transactions directly through there
- Manually entering your trades into the spaces provided and details
- Upload a screenshot of your transactions
What can I do to determine if the trade is verifiable or not?
If you import your trade through a reliable brokerage, there’s the chance that it is verifiable. This is indicated with the small blue check. If you upload it in a manual way or by taking screenshots, it will automatically be classified as unverified.
The disadvantage of an unverified trade is the risk of receiving negative feedback from fellow peers. Too many downvotes may cause you to be listed in the Madoff leaderboard, where users can detect who’s being untruthful in submitting trades.
Is the Profit.ly mobile app still in use?
At the time of writing, Profit.ly is still available to download from the Apple App Store and the Google Play store. The mobile app version is compatible with most operating tablets and smartphones.
How many people are connected to 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 grow and learn more about acquiring stock market opportunities left and right.