The stock market can be an exciting game with high stakes. Some days, you could be reaping the benefits of positive and satisfying numbers. On other days, however it could be the reverse and it can be very difficult to get back to the point you were at your most productive. If you’re constantly stuck in the gutter You will need be aware that relying solely on instinct and survival might not be enough.
If you’ve experienced losses from time to time and you’re likely to require solid advice from seasoned 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 identified an online platform that will help you in your growth in the industry. This review will take the time to look at Profit.ly is a well-known 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 Crypto
Value: 4.1/5
Quality: 4.1/5
Costs: 4.1/5
User Experience: 4.5/5
Summary
Profit.ly is an online trading platform that enables traders of all levels to be informative responsible, transparent, and encouraging each other by offering a wide range of features and tools including chat rooms, trade verification and a rich library of educational material.
How do I define 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 experienced traders to track their performance through the use of advanced analytics tools. Offering users a broad range of resources to facilitate trade and communication and letting traders from all walks of life connect with each other. It gives the gurus worthy investments within the boundaries of this platform. Consider it a social media site akin like Facebook and Reddit, but for professionals and traders.
Profit.ly independently checks the performance of trades and publishes all data from them in the form of leaderboards. The trading platform is built on honesty and transparency: it guarantees that the trades are authentic and won’t allow for fraud as much as possible. It was established many years ago by penny stock trade expert and investment expert Timothy Sykes, along with fellow expert Michael Mosseri.
In an appearance in Forbes publication, Sykes stated that Profit.ly was driven by its focus “on the transparency of the entire spectrum of trades, something which was never prior to.” The idea, he added, served two goals: 1.) creating public track records for everyone, not just the experts as well as students and newsletter writers and secondly) making it possible for anyone on the platform to learn from the losses and wins to the benefit of the trading industry. Timothy Sykes Crypto
How Does It How Does It
Profit.ly is a subscription-based platform that lets stock traders have access to a range of services and features geared at achieving success. You may set up an account there for free, but you’re only given the ability to navigate through the leaderboards and monitor the activities of people who aren’t gurus. If you’re ready to invest your money to see which stocks the gurus are trading in real-time You’ll need to subscribe to any of Profit.ly’s offerings that we’ll review in the coming days.
The process of opening an account is simple: Create an account with your experience and skills, join to your brokerage account, and you’ll be given an opportunity to make your way to high on 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 as well as its experts. You’re not just allowed to prove your worth to a group of traders, but you can also utilize Profit.ly to shop with a professional with the assurance that you’re confident with their expertise and the credibility of their claims.
If you are unsure about the idea of sharing the details of your broker account you can decide to share your trades, either verified or not, via pictures. In Profit.ly are the vast number of courses in trading, the ability to view stats in a trader’s profile and other methods to interact with your experts via chatrooms as well as 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 well-known for delving his hands into the penny-stock market. According to Investopedia, a penny stock refers to a small-sized company’s stock that trades for just less than 5 cents per share. The penny stock market is an opportunity for small businesses to transition into a larger market because it gives them access to capital from the general public. But don’t make the mistake of thinking that it’s also an extremely risky game, as Sykes will be able to tell you through his many years of expertise.
Since his initial beginnings at the end of his time in high school, Tim Sykes has, since then, earned over $6 million of profits during his long and successful career as trading professional. At the age of 25 Tim Sykes had received greater exposure and a larger reach of influence when he became part of the reality TV show “Wall Street Warriors.” Then, he made use of the show to create trading rooms as well as penny stock themes and educational material aimed at those who are just beginning to learn about trading. He also helped establish Profit.ly as a place of transparency and to allow the community to rise and compete with each other through the platform.
The Profit.ly Gurus
One of Profit.ly’s most appealing features is the vast array of educational tools, trade alerts as well as other useful information provided by the platform’s in-house gurus. Gurus are referred to experts in the field of trading who have made significant amounts of profit from their collective years of expertise. Timothy Sykes Crypto
At its peak, 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 gurus included Connor Bruggermann, Nathan Michaud of Investors Underground, and Triforce as well as a handful of others. As of this writing, only two gurus remain on the platform: 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 what packaged deals each guru has to offer.
From Tim Sykes: Tim’s Alerts
Sykes offers basic stock trading services which focuses on penny-priced day trading with Tim’s Alerts. The cost is $74.95 for a month you’ll observe him focus on fundamental catalysts for stocks and utilize them to predict the next possible moves in making trades.
A single purchase in Tim’s Alerts will get you access to the chatroom and the mobile app available on iOS and Android devices, texts, emails 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 program. At $149.95 for a month it is an ideal plan for investors who are invested in investing in penny stocks. Pennystocking Silver offers all the essential features of earlier plans such as alerts for swing trading and access to a rich collection of more than 7,000 educational videos and new videos released weekly.
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In “Superman” Paul Scolardi: Superman Alerts
Scolardi who is known under the name “Superman,” is a trader who has 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 trading profits. Timothy Sykes Crypto
The Superman Alerts plan is his package of vital features and alerts on trading geared to those interested. For just $147 per month, you’ll have an access to the day-to-day stock watchlist that is premarket and the mobile app, the daily market commentary in real-time, and SMS and e-mail alerts.
From “Superman” Paul Scolardi: Superman Pro
For $247 per month, you can enjoy additional features, plus access to an extensive base of knowledge provided by Superman himself through Superman Pro. Superman Pro package. Alongside the standard features featured in the Alerts package, Superman Pro gives you weekly video lessonsthat include the growing collection of other previous ones. In addition you’ll also gain an access to high-quality research papers as well as the IPO and earnings tracker.
Profit.ly plans and costs
If you’re ready to join the world of online trading 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, each designed for traders of different levels. Let’s break down what these three levels are and what they’ll cost you.
Novice Plan
This package for novices is Profit.ly’s beginning-of-the-line plan specifically for people who are brand new to the trading world. When you sign up for this package, you will be immediately provided with a variety of powerful and essential trading tools, each of which is essential to keep your fingers on what could call a ruthless process in and of itself.
Among the list of things you can accomplish using Profit.ly’s Novice package is the capability to check the results of your trades and track profit; leading, following, and even messaging your fellow traders; and leaving feedback on today’s trades. It also allows you to be on leaderboards; analyze your trades, sort and filter your trades and lastly, look at other people’s statistics.
The Novice plan will cost $29.95 per monthly payment. While it may look attractive simply because of the price, there is a downside. You can’t create a private profile, which makes your personal information public. If you do want to get an account with this option, you should keep an eye on us as we present to you Profit.ly’s next strategy.
The Trader Plan
The Trader plan allows you to take advantage of a majority of features from the novice plan. This plan allows that you can create an individual profile that allows you to share with other associate users all the insights and information you have gained from trader’s community.
Priced at $49.95/month, Profit.ly’s Trader plan will do what the name implies catering for those looking to develop their expertise in trading. Although it’s a nice thing however, there’s a crucial feature that is missing. In contrast to the Novice package, this one won’t be able view the statistics of other traders this could be a disadvantage for those who are looking forward to this tier. Timothy Sykes Crypto
Pro Plan
The Professional plan can be described as the most luxurious package Profit.ly could offer for seasoned traders. With $74.95 monthly, with a 22% discount for billing annually the Pro plan has everything. It gives you full, unlimited access to all features of the previous plans combined.
Not only do you get to see other users’ stats, but you’re also given the option of creating your own private profile. Both of these options, in addition to the advantages you’ll be able to use to the fullest potential. If you’re looking for a plan that can serve all the features you need to be an experienced trader, the Pro tier could be the right choice for you!
Profit.ly’s Other Services
Apart from the trainer tools and leaderboards, Profit.ly has a few more services it has to offer. One of these is its online store, which allows users to choose from a wide array of instructional videos that are that are designed to educate and provide guidance on the ins and outs of trading. Each of the offerings listed on this page of the website can be immediately purchased for personal use. Among these products include best-sellers like”Trading Tickers,” the “Trading Tickers” series by trader specialist Tim Grittani, Timothy Sykes’s library of DVDs and streaming-only content related to short stocking, penny stocking, and all other things trading-related, clips and clips of events like the Annual Pennystocking Conference, and items from other experts in trading.
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Chat rooms integrated into Profit.ly are also part of Profit.ly’s array of features and services. You’re probably familiar with the chat room as you will see it on social and messaging platforms as well as some specialty websites that offer live chat support. But in Profit.ly, it is seen as a real-time space where experts and their members can interact and learn in real time. Each guru has their style when it comes to running their chat room and in dealing with the members. One might be more laid back and not very often active, while another might be more active and in touch to their pupils. Think of the chat rooms like Profit.ly’s version of the forum, in essence.
Who is the best Trader for Profit.ly?
Profit.ly’s diverse range of products and features are geared towards a large variety of stock traders, ranging from beginners to experienced pros. With the variety of deals it has to offer it is certain to have something for everyone.
Newbies, for instance, will appreciate Profit.ly’s library of learning information available on 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 to pick from the merchandise available on its store online that they can take with them wherever they be. You can also get hands-on experiences by trading through the platform, but ultimately they’ll realize that the process is a high stakes game that should not be viewed as an amusing pastime.
For the traders with years of exposure down the road, we consider Profit.ly equally suited to those who are just starting. Although the novices might not be as adept at managing trading however, experienced traders know how it works and the plethora of risks associated with it. Ideally, they may make use of Profit.ly’s range of options to their maximum advantage to improve their skills in trading. Like novices, they can learn from the experts and experts and utilize those short tips and tricks to help them along.
Profit.ly’s “all-in” approach doesn’t just apply to newbies and semi-experienced traders. Certified experts can also take part in the fun! Those in the trading industry who are on an equal level with Superman or Tim Sykes can also use the power of Profit.ly’s abilities to show off their skills to others as a way to assist them in the ever-changing trading process. Timothy Sykes Crypto
Profit.ly’s Pros and Cons
The Pros
- Profit.ly’s diverse capabilities as a “one-stop” stock trading platform allows it to provide traders everywhere with a wealth of education tools, communication, and trading tools
- You get to be provided with excellent lessons and insights from its internal experts, which include collections of educational videos as well as real-time trading activities
- You’re guaranteed transparency throughout Profit.ly with precise analytics and fellow traders who are ready to reach you out whenever something happens
- The platform’s leaderboard feature gives you the chance to establish your credibility as a trustworthy and authentic trader
- Apart from its main abilities, Profit.ly also gives its users extra options to suit their preferences, such as posting unverifiable trades through screenshots
- Profit.ly’s diverse range of subscription levels and guru packages are priced at reasonable prices There is truly something for all
The Cons
- Profit.ly’s numerous products and packages offered might not be enough for the majority of its customers
- As traders may opt to post any kind of trade, there’s a possibility that some of them will profit by selecting the best trades in order to improve their ratings – this may be a concern that should not be overlooked.
- Profit.ly will not allow refunds, as the premium customers are expected to immediately benefit from the many services that the platform can provide
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The Final Concluding Question: Is Profit.ly Valued?
If we were able to come up with the answer, it would be an affirmative “yes”. But it is important to realize that the platform should not be used as a scheme to get rich quick. It wasn’t designed to be used in this way. Instead, it is best to keep the ability to think with an open heart. Timothy Sykes Crypto
What we mean”yes” is that it is a fantastic learning tool. People who are stuck could find Profit.ly’s array of resources helpful as they do their best to avoid losses and be more successful than before. It’s not only the struggling traders who will profit from the platform. It is able to accommodate novices and even experts in the field!
If you really want to become more successful in trading and would like to learn from your fellows and gurus along the way, then take a look at Profit.ly. Profit.ly could be a good alternative to start.
FAQ Timothy Sykes Crypto
How do you use Profit.ly to publish your trades?
Profit.ly includes a trade entry portion within the My Trade section of the dashboard which lets you record your trades that are verified or not. There are three choices:
- Linking your account with your broker of choice and import the trades from that directly
- Manually entering your trades into provided spaces and specifics
- Send a screen shot of your transactions
What can I do to determine whether the trade is authentic or not?
If you buy your trade through a reliable brokerage, there is an excellent chance that it is verifiable. This is evident by the blue check mark. If you upload it in a manual way or by taking pictures, it will be assigned as unverified.
The disadvantage of an unauthenticated trade is the possibility of receiving downvotes from colleagues. If you receive too many negative votes, it could cause you to be listed in the Madoff leaderboard, where people are able to identify who is untruthful in submitting trades.
Are the Profit.ly mobile application still available?
As of the moment, Profit.ly is still available to download via the App Store for Apple and on the Google Play store. The mobile app version is compatible with most functioning tablets and smartphones.
How many people are using Profit.ly?
Profit.ly is currently home to over 150,000 traders and investors, because they are not just looking to earn maximum profits but also assist each other to develop and grow in their ability to take advantage of opportunities in the stock market both right and left.
