Stock trading can be an extremely risky game. On certain days, you could have the benefit of positive and satisfying numbers. However, on other days you may experience the opposite and it could be very difficult to get back to where you were at your most productive. If you’re immersed in the water it is important be aware that relying solely on your instincts and preserving is not always enough.
If you’ve suffered loss from time to time and you’re likely to require solid advice from seasoned and tested trading experts. Also, you’ll need a significant boost from your fellow traders from around the globe, which is why we’ve found a platform that can support you in your growth in the industry. This review will be taking an in-depth look at Profit.ly, a well-recognized 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. Do check out our article below, however, because it has a comprehensive overview of Profit.ly.
Overall Rating: 4.1/5 Timothy Sykes Course
Value: 4.1/5
Quality: 4.1/5
Costs: 4.1/5
Users Experience 4.5/5
Summary
Profit.ly offers an internet-based trading service that enables traders of various levels to be knowledgeable responsible, transparent, and uplifting with each other through its broad range of features and tools like chat rooms, trade verification as well as an extensive library of educational content.
How do I define Profit.ly?
Profit.ly is a trading website that serves both as a learning and training platform for traders who are starting out as well as a place for traders who are experienced to monitor their performance with the help of sophisticated analytics tools. It provides users with a vast range of resources for trade and communication and letting 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. Imagine it as the social media equivalent the likes of Facebook and Reddit, but for traders and experts.
Profit.ly independently validates trade performance and publishes all data from them in the style of leaderboards. The platform for trading is built on trust and transparency. it guarantees that the transactions are legitimate and will not allow for fraud as much as is humanly possible. It was established years ago by the penny expert in stock trading and investment expert Timothy Sykes, along with his colleague Michael Mosseri.
In an interview for Forbes magazine, Sykes declared that Profit.ly was motivated by its focus “on the transparency of all trades, something that has never been prior to.” The idea was, he said, serving two goals: 1.) making public records for everyone, not just the experts and students and newsletter writers and secondly) making it possible for anyone on the platform to gain insight into both losses and wins to benefit the industry of trading. Timothy Sykes Course
How Does It How Does It
Profit.ly is a subscription-based platform which allows stock traders to gain access to a multitude of features and services aimed towards achieving success. You can create an account for free, but you’re limited to the ability to navigate through the leaderboards and monitor the activities of people who aren’t gurus. If you’re looking to invest your money in order to find out what stocks the experts are trading in real-time, you will need to sign up to one of Profit.ly’s offerings that we’ll go over shortly.
Setting up an account is simple: Create an account with your experience and expertise, connect your brokerage account, and you have yourself the chance to climb your way to the top of the leaderboard. Profit.ly’s leaderboard feature, as previously mentioned it is designed to provide its users an insight into their performance as a trading group and its experts. It’s not only a chance to prove value to a group of traders. You are also able to use Profit.ly to purchase with a professional with the assurance that you’re confident in their skills and the veracity of their assertions.
If you’re not comfortable with the concept of leaking your brokerage account, then you could decide to share your trades, either verified or otherwise, through pictures. 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 more ways to connect with your gurus via chatrooms as well as email and text alerts as well as updates.
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Meet Tim Sykes, the founder: Tim Sykes
Timothy Sykes is a well-renowned day trader who has been famously known for delving his hands into the penny-stock market. According to Investopedia, a penny stock refers to a small company’s stock that trades for just less than 5 cents per share. The penny stock market is an avenue for small-scale businesses to make the transition to a market that is larger as it gives them access to money from the general public. However, don’t get it wrong – it can also be an extremely risky game, as Sykes will be able to tell you through his many years of experience.
From his beginnings in his late years in the high schools, Tim Sykes has, since then, earned an estimated $6 million profit throughout his illustrious career as a trader. At 25 years old, he had been given greater exposure and an even wider reach of influence as a participant in the reality show “Wall Street Warriors.” Then, he made use of the show to develop trading rooms, penny stock themes, as well as educational content targeted at people who are brand new to the trading field. He also helped establish Profit.ly as a place for transparency, and for the community to uplift and compete through the platform.
The Profit.ly Gurus
One of Profit.ly’s sweet inclusions is the vast array of education tools, trade alerts and other useful stuff offered by the in-house experts of the platform. The gurus in question refer to the experts in trading who have earned substantial amounts of money through their years of expertise. Timothy Sykes Course
At its peak, Profit.ly had housed up to five gurus, all of them an expert in their field of expertise in the field of trading. 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 this platform: Founder and penny stock trader Tim Sykes and veteran smallcap swing trader Paul Scolardi, also known as Superman. In light of that, let’s take a look at the packages each guru has to offer.
From Tim Sykes Tim Sykes: Tim’s Alerts
Sykes provides an essential stock trading service with the main priority being penny-priced day trading with Tim’s Alerts. The cost is $74.95 monthly, you’ll be able to see him concentrate on the fundamental stock catalysts and use them to anticipate the next moves that could occur when trading.
A standalone purchase of Tim’s Alerts will get you access to the chatroom as well as the mobile app that’s available on iOS as well as Android devices; texts, emails and push alerts; and a daily stock watchlist.
from Tim Sykes: The Pennystocking Silver Package
Pennystocking Silver is the premium version, with an upgraded version of Tim’s Alerts program. At $149.95 per month, it is an ideal plan for those who are invested in the penny-stock market. Pennystocking Silver offers all the essential features of prior plans, including alerts for swing trading and access to an extensive library of more than 7,000 instructional videos, with new ones released every week.
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From “Superman” Paul Scolardi: Superman Alerts
Scolardi who goes under the name “Superman,” is a trader who has an eye for both small-cap monumental stocks and crazy-accurate marketing forecasts. Through the years since the time he started trading, Superman has amassed over $5.5 million in trading profits. Timothy Sykes Course
The Superman Alerts plan is an package of vital features and trading alerts targeted to those interested. For just $147 per month, you’ll have access daily premarket stock watchlist and the mobile app, daily market commentary in real-time, and email and SMS alerts.
The film “Superman” Paul Scolardi: Superman Pro
At $247/month, you get additional features, as well as access to a knowledgeable base provided by Superman himself, via his Superman Pro package. In addition to the basic features included in the Alerts plan, Superman Pro gives you weekly video lessonsthat include a growing library of all other previous ones. In addition you’ll also have an access to high-quality research papers as well as the IPO and earnings tracker.
Profit.ly Programs and Costs
If you’re eager to join the trading community on the internet and leave a mark in the industry, Profit.ly has the right amount of resources to get you up and running. The platform offers three membership levels, each designed for traders of different levels. Let’s take a look at what these three tiers are and how much they will cost you.
Novice Plan
The Novice package is Profit.ly’s entry-level plan designed especially for those who are just beginning their journey to the trading community. Once you have signed to this plan, you will be immediately offered a range of strong and indispensable trading tools, each one of them essential in keeping your fingers on what call a competitive process by itself.
The list of features you can accomplish with Profit.ly’s Novice program is the ability to verify trades and track profits as well as 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 your trades, sort or filter the trades you make and, lastly, view other’s stats.
The Novice plan is $29.95 per monthly payment. While it may look attractive just by the price however, there’s a drawback. It isn’t possible to create a private profile, which makes your activities publicly available. If you’re interested in get access to this feature, you should be watching for us to introduce to you Profit.ly’s next strategy.
The Trader Plan
The Trader package lets you to take advantage of many of the features of The Novice package. In this plan, that you can set up an individual profile that allows you to share with fellow associates all your insights and information you have gained from trader’s community.
The price is $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 however, there’s a crucial aspect that’s not included. Unlike the previous Novice package, you will not be able view other traders’ stats that could be a disadvantage for some who may be eager to try this new tier. Timothy Sykes Course
Pro Plan
This is by far the most premium package that Profit.ly could offer for seasoned traders. At $74.95 per month, and an additional 22% discount when billed annually the Pro plan has it all. You will have full, unrestricted access to all the features of the previous plans.
You’re not only able to view other people’s stats and data, but you also have the opportunity to create an individual profile. These two features are plus the other benefits that you can use to their fullest capacity. If you’re in search of a plan that can serve you with everything you require as an experienced trader, the Pro level is ideal for you!
Profit.ly’s Other Services
Apart from the provided trainer tools and leaderboards, Profit.ly has a few other services they provide. One of them is the online store, which lets users choose from a wide array of video products that are designed to educate and guide you through the ins and outs of trading. The products listed in this section of the website is available to be purchased immediately for personal use. Among these products include best-sellers like”Trading Tickers, “Trading Tickers” series by trading professional Tim Grittani, Timothy Sykes’s collection of DVDs and streaming-only content about penny stocking, short stocking, as well as all related to trading, videos and clips taken from The Annual Pennystocking Conference, and items from other experts in trading.
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The integrated chat rooms are as well part of Profit.ly’s range of features and services. You may be familiar with the concept of the chat room since you can find it throughout social and messaging platforms in addition to a few special websites that provide live chat assistance. But in Profit.ly the chat room is viewed as a hands-on space where experts and their members can interact and share knowledge in real-time. Every guru has their own way when it comes to running their chat room and in dealing with the members. Some may be a laid-back person who is less active, while another might be more online and communicative in their interactions with students. Consider chat rooms like Profit.ly’s version of the forum, in its essence.
Who is the Ideal trader to Profit.ly?
Profit.ly’s wide range of products and features cater to an array of stock traders, ranging from novices to experienced professionals. Considering the number of offers it has to offer, the platform surely has something for everyone.
Beginners, for instance, will appreciate Profit.ly’s knowledge-based content offered throughout the platform. In addition, they will be enriched with weekly videos and chat room tips from its in-house gurus and members. They’ll also be able to choose from the items on its store online to carry with them wherever they travel. Additionally, they can gain practical experiences from trading within the platform, however they’ll realize that this is a high-stakes game that shouldn’t be taken as a joke.
For traders who have decades of experience in the line, we believe Profit.ly equally suitable to them as the newcomers. While the newbies may not be as proficient in handling trading matters but the experts already know the way it functions and the plethora of risks that come with it. It is ideal to make use of Profit.ly’s array of features to their full advantage to enhance their trading skills. Like beginners, they can learn from the experts as well as experts, and take advantage of simple tips and hints throughout the process.
Profit.ly’s “all-inclusive” nature isn’t limited to novices or semi-experienced trader. Certified experts can also take part in the excitement! 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 skill to others in order to navigate them through the ever-changing trading process. Timothy Sykes Course
Profit.ly’s Pros and Pros and
The Pros
- Profit.ly’s diverse capabilities as a “one-stop’ stock trading platform enable traders across the globe with an abundance of knowledge communications, trading, and communication tools
- You’ll receive excellent training and advice from the company’s internal experts, which include collections of educational videos as well as live trading activity.
- You can be sure of complete transparency through Profit.ly with precise analytics as well as fellow traders that are waiting to reach you out whenever something happens
- The platform’s leaderboard feature gives you the opportunity to increase your reputation as a reliable and authentic 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 diverse range of packages and subscription levels are priced at a reasonable cost There’s something for all
The Cons
- Profit.ly’s numerous packages and services offered could be too much for most of its customers
- If traders decide to post any kind of trade, there is the possibility that some of them could profit from cherry-picking the best trades to boost their rating this could be a risk that shouldn’t be simply overlooked
- Profit.ly will not allow refunds because the premium customers are expected to immediately benefit from the many features the platform is able to offer
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The Final Verdict is: Is Profit.ly Worth It?
If we could come up with the answer, it’s a ‘yes’. But it is important to realize that this platform shouldn’t be viewed as a quick-fix scheme to make money. The platform was not always meant to be designed in this way. Instead, you should have the ability to think with an open heart. Timothy Sykes Course
What we are referring to”yes” is that it is a fantastic learning tool. For those who are struggling, they may be able to find Profit.ly’s range of resources to be helpful as they do their best to incur lesser losses and perform better than before. It’s not just the struggling traders that will benefit from the platform. It will be able to accommodate beginners as well as even experts!
So, if you genuinely care about being a better trader and want to be taught by your fellows and gurus along the way, then look no further – Profit.ly may be a great option to begin.
FAQ Timothy Sykes Course
How can you make use of Profit.ly to publish your trades?
Profit.ly includes the option of allowing trade entries within the “My Trade section of the dashboard. It lets you post your trades, verifiable or not. You may choose between three options:
- Linking your account to the brokerage of choice and then importing the trades from that directly
- Manually inputting your trades with the spaces provided and details
- Take a photo of your trades
How do I know if the trade is verifiable or not?
If you purchase your trade through a reliable brokerage, there is 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 assigned as unverified.
The drawback of posting an unauthentic trade is the risk of receiving negative feedback from friends and colleagues. If you receive too many negative votes, it could result in you appearing on the Madoff leaderboard, where users can detect who’s being untruthful in submitting trades.
Does the Profit.ly mobile app still in use?
As of this writing, Profit.ly is still available for download on the Apple App Store as well as in the Google Play store. The mobile app version is compatible with the majority of operating tablets and smartphones.
How many are connected to Profit.ly?
Profit.ly currently houses over 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.
