Stock trading is an extremely risky game. On certain days, you could have the benefit of positive and satisfying numbers. On other days, however, the opposite may happen and it could be extremely difficult to return to the point you were at your best. If you find yourself always in the mud it is important be aware that relying solely on pure instinct and preservation may not always be enough.
If you’ve been incurring loss from time to time You’ll need sound advice from tried-and-tested trading experts. Additionally, you’ll require a significant boost from your fellow traders from around the globe, which is why we’ve found an online platform that will help you to improve your performance in the market. In this review, we’ll be taking a 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. 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 Direct Offerings
Users Experience 4.5/5
Profit.ly can be described as an online platform for trading that enables traders of different levels to be knowledgeable responsible, transparent, and encouraging one another through its wide array of tools and features including trade verification, chat rooms, and an enriched library of educational content.
What exactly is Profit.ly?
Profit.ly is a site for trading which serves as a learning and training platform for those who are starting out as well as a place for traders with experience to keep track of their performance using the aid of advanced analytics tools. Offering users a broad array of options for communication and trade, it helps traders from all walks of life connect with one another. It gives the gurus worthy investments within the boundaries that the site. Consider it the social media equivalent to Facebook and Reddit, but for professionals and traders.
Profit.ly independently verifies trade performances and publishes all data from them in the form of leaderboards. The platform for trading is built on trust and transparency. it ensures that the trades are authentic and won’t allow for fraud as much as is humanly possible. It was established many years ago by penny expert in stock trading and investment guru Timothy Sykes, along with his colleague Michael Mosseri.
In an interview with Forbes magazine, Sykes said that Profit.ly was based “on the transparency of all trades, something that has never been previously done.” This idea, he added, served two purposes: 1) creating public track records for all traders, not just the gurus, but also the students and newsletter writers and secondly) allowing everyone on the platform to gain insight into both losses and wins to the benefit of the trading industry. Timothy Sykes Direct Offerings
How Does It How Does It
Profit.ly follows a subscription-based model that allows stock traders to have access to a range of services and features geared toward achievement. You may set up an account there at no cost, however you’re only given the capability to browse the leaderboards and monitor the activities of non-gurus. If you’re looking to invest your money to see which stocks the gurus are trading in real time You’ll need to join one of Profit.ly’s offers, which we will review in the coming days.
Making an account simple: Create an account with your experience and skills, join to your brokerage account and you have yourself an opportunity to make your way to the top of the leaderboard. Profit.ly’s leaders’ board feature as we’ve mentioned earlier, is designed to give its users a look at the performance of the trading community as well as its gurus. You’re not just allowed to show your worth to a group of traders, but you can also use Profit.ly to shop from a guru with the confidence that you are confident with their expertise and the veracity of their claims.
If you are unsure about the concept of leaking the details of your broker account you may decide to share your trades, either verified or otherwise, through screenshots. Included in Profit.ly are a variety of trading courses as well as the ability to look at stats in a trader’s profile as well as other ways to interact with your experts via chatrooms in addition to notifications via email or text as well as updates.
Meet Tim Sykes, the founder: Tim Sykes
Timothy Sykes is a well-renowned day trading personality who is famously known for his involvement in penny stock trading. According to Investopedia Penny stock refers to a small-sized company’s stock that trades for under $5 for each share. The trading of penny stocks can be seen as an avenue for small businesses to transition to a market that is larger as they can access funds from the general public. But don’t be mistaken – it’s also a high-risk game, which Sykes will be able to tell you thanks to his years of expertise.
From his beginnings in the latter years of high school, Tim Sykes has, since then, earned more than $6 million in profit through his lengthy career as trader. At the age of 25, 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 made use of the show to develop trading rooms, penny stock themes, and educational content geared toward those who are new to trading. He also played a role in establishing Profit.ly as a place of transparency and for the community to lift each other up and compete through the platform.
The Profit.ly Gurus
One of Profit.ly’s amazing features is the vast array of learning resources, trade alerts, and other helpful stuff provided by the company’s internal gurus. Gurus are referred to the trading experts who have proven to make substantial profits through their years of knowledge. Timothy Sykes Direct Offerings
At its height, Profit.ly had housed up to five gurus, all of them a pro in their field of expertise in the field of trading. Some of the prominent experts included Connor Bruggermann, Nathan Michaud of Investors Underground, and Triforce, among a few others. At the time of writing only two gurus remain on this platform: the founder of the penny stock market Tim Sykes and veteran smallcap swing trader Paul Scolardi, also known as Superman. With that taken into consideration we’ll take a look at what packaged deals each guru has to offer.
From Tim Sykes Tim Sykes: Tim’s Alerts
Sykes provides basic stock trading services that focuses on penny-stock day trading via Tim’s Alerts. At $74.95 monthly, you will observe him focus on fundamental stock catalysts and use them to anticipate the next moves that could occur 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 that’s available on iOS as well as Android devices; text, e-mail and push alerts; and a daily stock watchlist.
Tim Sykes: From Tim Sykes: The Pennystocking Silver Package
Pennystocking Silver is the highest-quality version that has been upgraded of the Tim’s Alerts package. Priced at $149.95 per month, it is an ideal plan for those who are involved in penny stock trading. Pennystocking Silver comes with all the standard features of earlier plans such as alerts for swing trading and access to an extensive library of more than 7,000 instructional videos that are updated weekly.
In “Superman” Paul Scolardi: Superman Alerts
Scolardi who goes under the alias “Superman,” is a swing trading professional with an eye for both tiny-cap massive stocks as well as wildly accurate marketing forecasts. Since when he first started trading, Superman has amassed over $5.5 million in all-time trading profits. Timothy Sykes Direct Offerings
The Superman Alerts plan is an package of vital features and trading alerts geared towards those who might be interested. For $147/month, you’ll get access daily stock watchlist that is premarket as well as the mobile app, daily market commentary in real-time, and E-mail and SMS alerts.
In “Superman” Paul Scolardi: Superman Pro
For the price of $247, you receive additional features, as well as access to the extensive knowledge base of information provided by Superman himself, via the Superman Pro package. On top of the essentials that are included in the Alerts plan, Superman Pro gives you daily video lessons, which include an ever-growing library of other previous ones. Additionally you’ll also gain the ability to access premium reports on research as well as an IPO and earnings tracker.
Profit.ly plans and costs
If you’re eager to join the trading community on the internet and leave your mark on the market, Profit.ly has the right amount of resources to get you started. Profit.ly offers three membership levels that cater to traders at different levels. Let’s take a look at what these three are and how much they’ll cost you.
This package for novices is Profit.ly’s entry-level plan designed especially for people who are brand new to the trading world. When you sign to this plan, you will be immediately given a slew of robust and essential trading tools, all of which is essential to keep your fingers on what we call a competitive procedure in its own.
Among the list of things you can do using Profit.ly’s Novice package is the ability to verify the results of your trades and track profit and follow-up, leading and even chatting with your fellow traders; and leaving feedback on today’s trades. You can also get on leaderboards, analyze, sort, as well as filter trades and, lastly, view other’s stats.
The Novice plan will cost $29.95 per month. Although it might look appealing for the price alone, there is a downside. You can’t create a private account, making your activities publicly available. If you do want to have the benefit of this service, keep an eye on us as we present to you Profit.ly’s next strategy.
The Trader package allows you to take advantage of many of the features of the novice plan. It is in this plan that you can set up an individual profile that allows you to share with other 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 catering for those looking to develop their skills in trading. While it’s nice, there is one significant feature that is missing. Unlike the previous Novice package, you will not be able to see the statistics of other traders that might be a drawback for some who may be eager to try this new tier. Timothy Sykes Direct Offerings
The Pro plan is the most premium package that Profit.ly can offer to experienced traders. At $74.95 monthly, which includes an additional 22% discount for annual billing This plan offers it all. It gives you full, unlimited access to all the features from the two previous plans combined.
In addition, you’ll be 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 features, on top of all the benefits that you can use to the fullest potential. If you’re looking for an account that will give you everything you need as a skilled trader, maybe the Pro tier could be the right choice for you!
Profit.ly’s Other Services
In addition to the trainer tools and leadersboards Profit.ly provides a variety of additional services that it can provide. One of them is the online store, where customers can pick from a range of instructional videos that are designed to inform and guide you through the nuances and pitfalls of trading. Each of the offerings listed in this section of the website can be immediately purchased for personal use. Some of these include bestsellers such as the “Trading Tickers” series by trading expert Tim Grittani, Timothy Sykes’s library of DVDs and streaming-only content about penny stocking, short stocking, and all other related to trading, videos and scenes from The Annual Pennystocking Conference, and products from other expert traders.
Chat rooms integrated into Profit.ly are also part of Profit.ly’s array of features and services. You’re probably familiar with the concept of the chat room since you can find it throughout social and messaging platforms as well as some specialty websites that provide live chat assistance. But in Profit.ly it’s seen as a area where experts and members trade and learn in real time. Every guru has their own way when it comes to running their chat room and dealing with the listed members there. One might be a laid-back person who is rarely active, while another may be more interactive and online in their interactions with students. Think of the chatrooms as Profit.ly’s version of a forum, in essence.
Who is the best trader to Profit.ly?
Profit.ly’s variety of offerings and features cater to the wide range of stock trader types, from novices to experienced professionals. Given the wide range of options it offers this platform definitely has something for all.
Newbies, for instance, will appreciate Profit.ly’s collection of educational materials available across the platform. In addition, they will get daily videos and chat room advice from the in-house experts and members. They’ll also be able choose from the items in its online store that they can take with them wherever they may travel. They can also gain hands-on experience trading on the platform, but ultimately they’ll be able to realize that the process is a high stakes game that shouldn’t be taken as an amusing pastime.
For traders who have years of exposure down the line, we believe Profit.ly equally suited for them as it is for those who are just starting. Although the novices might not be as well-equipped with handling trading matters but the experts already know how it works along with the risky mix associated with it. In the ideal scenario, they can use Profit.ly’s range of features to their best advantage to develop their skills in trading. Like beginners, they can study from the gurus and experts and utilize those simple tips and hints 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 fun! People in the trade industry who are at the same level as Superman and Tim Sykes can also use the power of Profit.ly’s capabilities to display their skills to others as a way to help guide them through the ever-illustrious trading process. Timothy Sykes Direct Offerings
Profit.ly’s Pros and Pros and
- Profit.ly’s numerous capabilities as a “one-stop” stock trading platform enable traders from all over the world with an abundance of knowledge communications, trading, and communication tools
- You will receive excellent training and insights from its internal experts, which include 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 fellow traders ready to call you when something goes wrong.
- The platform’s leaderboard feature gives you a way to build your reputation as a reliable and verifiable trader
- In addition to its primary features, Profit.ly also gives its customers additional options to meet their needs, like posting unverifiable trades through screenshots
- Profit.ly’s variety of packages and subscription levels are priced at affordable rates – there truly is something for everyone
- Profit.ly’s numerous products and packages offered might seem overwhelming for the majority of its users
- Since traders can choose to post any kind of trade, there is a possibility that some of them will profit by selecting the best trades in order to increase the rating – this may be a problem that shouldn’t be overlooked.
- Profit.ly will not allow refunds as its premium users will immediately take advantage of the numerous services the platform has to offer
The Final Verdict is: Is Profit.ly worth it?
If we could think of an appropriate answer for this query, it would be 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 to achieve this goal. Instead, you should have the ability to think with an open heart. Timothy Sykes Direct Offerings
What we mean by ‘yes’ is that it is a fantastic learning tool. People who are stuck could discover Profit.ly’s array of resources useful in their efforts to incur lesser losses and be more successful than before. Not only struggling traders who will benefit from the platform. It can accommodate beginners and even experts!
If you truly desire to be better at trading and wish to be taught by your fellows and gurus throughout the process, then take a look at Profit.ly. Profit.ly may be a great option to begin.
FAQ Timothy Sykes Direct Offerings
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 that are verified or otherwise. You may choose between three options:
- Linking your account to the brokerage of choice and then importing the trades from that directly
- Manually entering your trades into specified spaces and information.
- Send a screen shot of your trades
How do I know whether the trade can be verified or not?
If you buy your trade through a reliable brokerage, there’s a high likelihood that it can be verified. This is indicated with the small blue check. If you upload it manually or through screenshots, it will automatically be assigned as unverified.
The disadvantage of an unauthentic trade is the chance of receiving negative feedback from colleagues. Too many downvotes may result in you appearing in the Madoff leaderboard, where users are able to identify who is untruthful in submitting trades.
Is the Profit.ly mobile application still available?
As of the moment, Profit.ly is still available to download via the Apple App Store as well as on the Google Play store. The mobile version of the app works with all working smartphones and tablets.
How many people are using Profit.ly?
Profit.ly currently houses more than 150,000 investors and traders, 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 stock market opportunities left and right.