The stock market can be an extremely risky game. On some days, you might have the benefit 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 at your best. If you find yourself constantly stuck in the gutter it is important to recognize that relying on pure instinct and preservation is not always enough.
If you’ve experienced losses from time to time and you’re likely to require sound advice from tried-and-tested trading experts. You’re also gonna need an enormous boost from your trading partners from all over the globe, which is why we’ve identified an option that can help you in your improvement in the industry. In this review, we’ll take a look at Profit.ly A well-respected 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. To get a comprehensive overview of Profit.ly, you may still want to check out our article below.
Total Rating: 4.1/5 Timothy Sykes Douche Bag
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 permits traders of all levels to be knowledgeable and accountable, as well as transparent and encouraging each other through its broad range of features and tools like trade verification, chat rooms as well as an extensive library of educational content.
What is Profit.ly?
Profit.ly is a trading website that serves both as a training and learning platform for those new to trading and also as a platform for traders who are experienced to monitor their performance with the help of cutting-edge analytics tools. Providing users with a wide variety of tools to facilitate trade and communication that help traders from all walks of life network with one another. It offers gurus with worthy investments within the boundaries of the platform. Imagine it as the social media equivalent to Facebook and Reddit but with a focus on traders and experts.
Profit.ly independently validates trade performance and posts all the data of them in the manner of leaderboards. The platform’s trading model is based on transparency and honesty: it makes sure that trades are authentic and won’t tolerate inauthenticity as much as is humanly possible. It was created many years ago by penny expert in stock trading and investment guru Timothy Sykes, along with the other expert Michael Mosseri.
One time , during an interview for Forbes publication, Sykes stated that Profit.ly was based “on showing all trades, something that has never been prior to.” This idea, he added, served two goals: 1.) creating public track records for not just the gurus and students and newsletter writers and secondly) allowing all users to gain insight into the losses and wins for the trading industry’s benefit. Timothy Sykes Douche Bag
How Does It Work?
Profit.ly follows a subscription-based model that allows stock traders to benefit from a variety of tools and services that are geared towards achieving success. It is possible to create an account for free, but you’re only given the ability to navigate through the leaderboard and observe the activities of non-gurus. If you’re ready to invest your money and see what stocks the experts are trading in real-time You’ll need to join one of Profit.ly’s offers that we’ll go over shortly.
Making an account simple: Create an account with your experience and knowledge, then connect to your brokerage account and you have yourself a chance to shoot your way up to the top of the leaderboard. Profit.ly’s Leaderboard function, which was we’ve mentioned earlier was designed to offer its users a glimpse of their performance as a trading group and its experts. It’s not only a chance to demonstrate your worth to a group of traders, but you can also use Profit.ly to shop with a professional with the confidence that you are confident in their skills and the veracity of their assertions.
If you are unsure about the concept of leaking the details of your broker account you can choose to publish your trades, verified or not, via pictures. In Profit.ly is the huge selection of courses in trading as well as the ability to look at statistics on a person’s profile as well as other ways to communicate with your gurus in the chatroom, as well as notifications via email or text 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 his involvement in trades in penny stocks. According to Investopedia Penny stock refers to a small-sized company’s stock that trades for under $5 for each share. The penny stock market can be seen as an avenue for small companies to move into a larger market because it allows them to access money from the general public. However, don’t get it wrong – it can also be an extremely risky activity, as Sykes will be able to tell you because of his decades of experience.
Since his initial beginnings at the end of his time in High School, Tim Sykes has, since then, made more than $6 million in profits throughout his illustrious career as trading professional. At 25 years old, he had been given more exposure and a wider influence over time as a participant in the reality show “Wall Street Warriors.” He used the opportunity to create trading rooms as well as penny stock themes and educational content geared toward people who are brand new to trading. He also helped establish Profit.ly as a place for transparency and to allow the community to rise and compete on the platform.
The Profit.ly Gurus
One of Profit.ly’s most appealing features is the wide range of education sources, trade alerts and other useful stuff offered by the in-house experts of the platform. The gurus in question refer to experts in the field of trading who have earned significant amounts of profit through their years of knowledge. Timothy Sykes Douche Bag
At its peak, Profit.ly had housed up to five gurus, all of them a professional in their niche in the field of trading. Some of the prominent gurus included Connor Bruggermann, Nathan Michaud of Investors Underground, and Triforce, among a few others. As of this writing, only two gurus remain on this platform: Founder as well as penny-stock trader Tim Sykes and veteran smallcap swing trader Paul Scolardi, also known as Superman. With that taken into consideration Let’s look at the packaged offers each guru can offer.
From Tim Sykes: Tim’s Alerts
Sykes offers a basic stock trading service which focuses on penny-stock day trading via Tim’s Alerts. Costing $74.95 for a month you’ll see him focus on the fundamental catalysts for stocks and utilize them to forecast the next possible moves in making trades.
A single purchase of Tim’s Alerts will get you access to the chatroom and the mobile app available on iOS and Android devices, as well as text, e-mail, and push alerts; and a daily stock watchlist.
From Tim Sykes: The Pennystocking Silver Package
Pennystocking Silver is the most premium, upgraded version of the Tim’s Alerts package. It costs $149.95 per month, this is the perfect plan for those who are more invested in the penny-stock market. Pennystocking Silver includes all the basic features found in earlier plans including swing trading alerts and unlimited access to a collection of more than 7,000 educational videos, with new ones released weekly.
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From “Superman” Paul Scolardi: Superman Alerts
Scolardi, who goes by the name “Superman,” is a swing trading professional with an eye for tiny-cap massive stocks as well as wildly accurate marketing forecasts. In the time since when he first started trading, Superman has amassed over $5.5 million in trading profits. Timothy Sykes Douche Bag
The Superman Alerts plan is an package of vital features and trading alerts targeted towards those who might be interested. For just $147 per month, you’ll have access to the daily stock watchlist that is premarket as well as the mobile app, the daily market updates in real time, and E-mail and SMS alerts.
From “Superman” Paul Scolardi: Superman Pro
For the price of $247, you receive additional features, as well as access to an extensive base of knowledge of information provided by Superman himself via Superman Pro. Superman Pro package. Alongside the standard features that are included in the Alerts plan, Superman Pro gives you weekly video lessons, including an ever-growing library of other previous ones. On top of that, you’ll also get an access to high-quality research papers and the IPO or earnings monitor.
Profit.ly Programs 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 help you going. The platform offers three membership levels, each designed for traders with 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 basic plan that is designed specifically for those who are just beginning their journey to the trading world. As you sign up for this plan, you will be immediately offered a range of strong and essential trading tools, all of them integral in keeping your hands on what we can describe as a cutthroat procedure in its own.
The list of features you can accomplish using Profit.ly’s Novice program is the ability to verify 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 the results of your analysis, sort, or filter the trades you make and lastly, look at other people’s statistics.
The Novice plan is $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 actions public. If you’re interested in get access to this feature, stay tuned as we introduce to you Profit.ly’s next plan.
The Trader Plan
The Trader plan allows you to use many of the features of The Novice package. In this plan, that you can set up a private profile to share with fellow associate users all the insights and knowledge you gain from this trading group.
The price is $49.95/month, Profit.ly’s Trader plan is exactly what it says caters people who want to harness their trading skills. While it’s nice, there is one significant aspect that’s not included. As opposed to the prior Novice package, this one won’t be able to see other traders’ stats that could be a problem for those who are eager to try this new tier. Timothy Sykes Douche Bag
Pro Plan
This is by far the highest expensive plan Profit.ly could offer for seasoned traders. It costs $74.95 each month with an additional 22% discount for billing annually the Pro plan has it all. You get full, no-holds-barred access to all features from the two prior plans.
You’re not only able to look at other people’s statistics and data, but you also have the option of creating your own private profile. Both of these features, on top of all the benefits that you can use to their fullest capacity. If you’re in search of an option that gives you everything you need as trader with experience, the Pro level is for you!
Profit.ly’s Other Services
Apart from the provided training tools and the leaderboards, Profit.ly provides a variety of other services they offer. One of those is its online store, which allows users to pick from a range of instructional videos that are created to help you understand the nuances and pitfalls of trading. Each of the offerings listed on this page of the site can be bought immediately for your personal use. These include best-selling products such as”Trading Tickers, “Trading Tickers” series from trading professional Tim Grittani, Timothy Sykes’s library of DVDs and streaming-only content on short stocking, penny stocking, and all other aspects of trading. There are also clips and clips from events like the Annual Pennystocking Conference, and other products by expert traders.
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The integrated chat rooms are included in 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, and also on a few specialty websites that offer live chat assistance. But on Profit.ly, it is seen as a real-time area where experts and members can interact and learn in real time. Every guru has their own style when it comes to running their chat room and in dealing with the members. One of them may be a laid-back person who is rarely active, while another might be more interactive and online in their interactions with students. Consider chatrooms as Profit.ly’s version of the forum, in essence.
Who is the best trader to Profit.ly?
Profit.ly’s variety of offerings and features caters to a large variety of stock trader types, from novices to experienced professionals. Considering the number of offers it can provide it is certain to have something for everyone.
Newbies, for instance, can take advantage of Profit.ly’s collection of educational materials available across the platform. They will also be enriched with weekly videos and chat room advice from its in-house gurus and members. Additionally, they can pick from the merchandise available in its online store for them to take wherever they may be. You can also get hands-on experiences from trading within the platform, however, they will soon learn that this is a high-stakes game that shouldn’t be treated as a joke.
For those traders who have had decades of experience in the line, we see Profit.ly equally suited to them as the newcomers. While novice traders may not be as well-equipped with handling trading matters however, experienced traders know how it works along with the stack full of risks associated with it. Ideally, they may utilize Profit.ly’s range of features to their best advantage to develop their skills in trading. As beginners, they are able to learn from the experts and experts and utilize those simple tips and hints throughout the process.
Profit.ly’s “all-inclusive” nature does not only apply to beginners or semi-experienced trader. Certified experts can also take part in the fun! Those in the trading industry who are on the same level as Superman or Tim Sykes can also use up Profit.ly’s capabilities to display their skills to others as a way to help assist them in the ever-changing trading process. Timothy Sykes Douche Bag
Profit.ly’s Pros and Pros and
The Pros
- Profit.ly’s diverse capabilities as a “one-stop’ stock trading platform allows it to provide traders everywhere with tons of learning communications, trading, and communication tools
- You will be provided with excellent lessons and advice from the company’s inside experts, as well as video libraries that teach you how to learn and real-time trading activities
- You’re assured of transparency throughout Profit.ly by using accurate data and fellow traders who are ready to reach you out if something occurs.
- The leaderboard feature of the platform offers you the chance to establish your reputation as a reliable and authentic trader
- In addition to its primary features, Profit.ly also gives its users extra options to suit their individual preferences, for instance, posting unverifiable trades through photographs
- Profit.ly’s variety of packages and subscription levels are priced at reasonable prices There’s something for all
The Cons
- Profit.ly’s numerous packages and services offered could be too much for the majority of its users
- If traders decide to post any kind of trade, there is an opportunity that some them may take advantage by cherry-picking the best trades to increase the rating This could be a concern that should not be simply overlooked
- Profit.ly does not accept refunds as the premium customers are expected to instantly benefit from the many services the platform has to offer
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The Final Concluding Question The Final Verdict: Is Profit.ly Worth It?
If we could come up with the answer, it’s an affirmative “yes”. But you need to understand that the platform should not be used as a get-rich-quick scheme. The platform was not always intended to be created in this way. Instead, you should have the ability to think with an open heart. Timothy Sykes Douche Bag
What we do mean”yes” is that it can be a great learning tool. People who are stuck may discover Profit.ly’s variety of resources helpful when they try their best to reduce loss and perform better than before. Not only struggling traders that will benefit from the platform. It is able to accommodate novices and even experts!
If you really want to become more successful in trading and would like to be taught by your peers and experts throughout the process, then you should look no further than Profit.ly. Profit.ly is a fantastic alternative to start.
FAQ Timothy Sykes Douche Bag
What are the best ways to use Profit.ly to make your trades public?
Profit.ly includes a trade entry portion in the “My Trade’ category of the dashboard. It allows you to post your trades, verifiable or otherwise. You may choose between three choices:
- Connecting your account to your brokerage of choice and importing trades directly from there
- Manually inputting your trades with specified spaces and information.
- Take a photo of your transactions
How do I know if the trade is verifiable or not?
If you import your trade from a reputable brokerage, there is the chance that it is verifiable. This is shown by the small blue check. If you post it in a manual way or by taking images, it will be classified as unverified.
The disadvantage of an unauthentic trade is the risk of getting downvotes from your friends and colleagues. If you receive too many negative votes, it could cause you to show up at the top of the Madoff leaderboard, where people are able to identify who is fraudulent in posting trades.
Does the Profit.ly mobile app still available?
As of the moment, Profit.ly is still available to download from the Apple App Store as well as the Google Play store. The mobile version of the app is compatible with most functioning tablets and smartphones.
How many people are connected to Profit.ly?
Profit.ly is currently home to over 150,000 investors and traders, since they’re not just seeking to make the most profit but also help each other learn and improve in acquiring opportunities in the stock market both right and left.
