Stock trading is an exciting game with high stakes. On some days, you might be reaping the benefits of pleasing and positive numbers. However, on other days you may experience the opposite, and it may sometimes be very difficult to get back to where you were your peak. If you find yourself immersed in the water You will need to recognize that relying on pure instinct and preservation is not always enough.
If you’ve suffered occasional losses, you’re gonna be needing sound advice from tried-and-tested trading experts. Also, you’ll need a significant boost from your colleagues in the market from all over the globe. That’s why we’ve identified a platform that can support you in your growth in the market. We’ll be taking a look at Profit.ly, a well-recognized single-stop social platform to trade!
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 Email Address
Value: 4.1/5
Quality: 4.1/5
Costs: 4.1/5
Users Experience 4.5/5
Summary
Profit.ly can be described as an online platform for trading that allows traders of different levels to be knowledgeable and accountable, as well as transparent and encouraging each other through its broad array of tools and features like chat rooms, trade verification, and an enriched library of educational content.
What is Profit.ly?
Profit.ly is a site for trading that functions as a learning and training platform for traders who are just beginning their journey and as a hub for traders who are experienced to monitor their performance using the aid of cutting-edge analytics tools. Offering users a broad range of resources for trade and communication, it helps traders from all walks of life network with one another. It gives the gurus worthwhile investments within the confines that the site. Imagine it as the social media equivalent like Facebook and Reddit however it is geared towards traders and experts.
Profit.ly independently verifies trade performances and posts all the data from them in the style of leaderboards. The trading platform is built on honesty and transparency: it guarantees that the trades are valid and won’t accept fake news as long as is humanly possible. It was established in the past by penny stock trade expert and investment guru Timothy Sykes, along with the other expert Michael Mosseri.
One time , during an interview with Forbes publication, Sykes stated that Profit.ly was based “on showing all trades, something that has never been done before.” This idea was, he said, serving two objectives: one) making public records for all traders, not just the gurus, but also the students and newsletter writers and secondly) allowing everyone on the platform to learn from both losses and wins for the trading industry’s benefit. Timothy Sykes Email Address
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 toward success. It is possible to create an account there at no cost, however you’re only limited to having the ability to navigate through the leaderboard and observe the actions of non-gurus. If you’re looking to invest your money in order to find out what stocks the experts are trading in real-time it is necessary to join one of Profit.ly’s deals that we’ll review in the coming days.
Setting up an account is simple: Create a profile with your experiences and expertise, connect your brokerage account, and you’ll be given the chance to climb your way to the top of the leaderboard. Profit.ly’s leaders’ board feature as previously mentioned, is designed to give its users an insight into how the community of traders performs and its experts. You’re not just allowed to prove your worth to a large group of traders, as you can also utilize Profit.ly to buy with a professional with the assurance that you’re confident of their knowledge and the credibility of their assertions.
If you feel uneasy with the idea of divulging your brokerage account, you may decide to share your trades, whether verified or otherwise, through photographs. In Profit.ly are the vast number of courses in trading and the capability to see stats in a trader’s profile, and more ways to interact with your experts via chatrooms along with 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 trading personality who is famously known for his involvement in penny stock trading. According to Investopedia Penny stock refers to a small company’s stock that trades for less than $5 per share. Penny stock trading is a stepping stone for small businesses to transition to a market that is larger as it allows them to access funds from the general public. However, don’t get it wrong – it can also be an extremely risky game, as Sykes is sure to reveal thanks to his years of experience.
Beginning in his late years in the high schools, Tim Sykes has, since then, made more than $6 million in profit during his long and successful career as trading professional. At 25 years old Tim Sykes had received greater exposure and a larger influence over time as a participant in the reality series “Wall Street Warriors.” He took advantage of it to establish trading rooms and penny stock themes and educational material aimed at those who are new to trading. He also helped to establish Profit.ly as a place of transparency and for the community to uplift and compete with each other through the platform.
The Profit.ly Gurus
One of Profit.ly’s sweet inclusions is the variety of education sources, trade alerts and other helpful stuff provided by the company’s internal gurus. Gurus are referred to experts in the field of trading who have made substantial amounts of money from their collective years of knowledge. Timothy Sykes Email Address
At its peak, Profit.ly had housed up to five gurus, each of them an expert in their field of expertise in the field of trading. Some of the most famous experts included 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. With that taken into consideration we’ll take a look at the packages each guru can offer.
From Tim Sykes Tim Sykes: Tim’s Alerts
Sykes offers a basic stock trading service with the main priority being penny-stock day trading via Tim’s Alerts. At $74.95 monthly, you’ll be able to observe him focus on basic stock catalysts and employ them to predict the next move that is possible when trading.
A single purchase in Tim’s Alerts will get you access to the chatroom and the mobile app that’s available for iOS and Android devices, texts, emails and push alerts as well as a daily watchlist of stocks.
from Tim Sykes: The Pennystocking Silver Package
Pennystocking Silver is the highest-quality version, with an upgraded version of Tim’s Alerts program. It costs $149.95 for a month it is the perfect plan for investors who are invested in investing in penny stocks. Pennystocking Silver comes with all the standard features found in earlier plans such as alerts for swing trading and access to a rich collection of more than 7,000 educational videos, with new ones released each week.
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From “Superman” Paul Scolardi: Superman Alerts
Scolardi who goes under the alias “Superman,” is a professional in swing trading with an eye for small-cap monumental stocks and crazy-accurate marketing forecasts. Since the time he started trading, Superman has amassed over $5.5 million in all-time trading earnings. Timothy Sykes Email Address
The Superman Alerts package is his offer of the most essential features and trading alerts geared 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.
The film “Superman” Paul Scolardi: Superman Pro
For $247 per month, you can enjoy additional features and access to an extensive base of knowledge provided by Superman himself via his Superman Pro package. In addition to the basic features included in the Alerts package, Superman Pro gives you daily video lessons, which include a growing library of all the previous ones. Additionally, you’ll also get access to premium research reports and an IPO or earnings monitor.
Profit.ly Programs and Costs
If you’re looking to join the online trading community and leave a mark in the industry, Profit.ly has the right amount of resources to help you up and running. The platform offers three membership levels that cater to traders with different levels. Let’s look at what the three tiers are and how much they will cost you.
Novice Plan
The package called Novice is Profit.ly’s entry-level plan designed especially for those who are just beginning their journey to the world of trading. Once you have signed to this plan, you will be immediately provided with a variety of powerful 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 package is the capability to check the results of your trades and track profit; leading, following, and even messaging your fellow traders, as well as leaving feedback on today’s trades. You can also get on leaderboards, analyze the results of your analysis, sort, or filter the trades you make and, lastly, view other people’s statistics.
The Novice plan will cost $29.95 per month. Although it looks attractive for the price alone, there is a downside. It isn’t possible to create a private profile, which makes your activities publicly available. If you’re interested in have access to this feature, you should be watching for us to introduce to you Profit.ly’s new 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 are able to create an individual profile that allows you to share with fellow associates all your insights and knowledge you gain from this trading group.
Costing $49.95/month, Profit.ly’s Trader plan will do what the name implies: Cater people who want to improve their skills in trading. Although it’s a nice thing, there is one significant aspect that’s not included. As opposed to the prior Novice package, you will not be able view other traders’ statistics, which could be a problem for some who may be eager to try this new tier. Timothy Sykes Email Address
Pro Plan
This is by far the highest luxurious package Profit.ly offers to experienced traders. It costs $74.95 each month with 22% off for annual billing This plan offers it all. You get full, no-holds-barred access to all the options of the prior plans.
In addition, you’ll be able to view other people’s stats as well, you’re also offered the chance to create your own private profile. These two features are in addition to the advantages that you can utilize to the fullest potential. If you’re looking for a plan that can serve you with everything you require as a skilled trader, maybe the Pro plan is ideal for you!
Profit.ly’s Other Services
In addition to the training tools and the leadersboards Profit.ly provides a variety of additional services that it can offer. One of them is the online store, which allows users to select from a variety of videos created to help you understand the nuances and pitfalls of trading. The products listed in this section of the website is available to be purchased immediately for personal use. These include best-selling products such as the “Trading Tickers” series by trader specialist Tim Grittani, Timothy Sykes’s collection of DVDs and streaming-only content related to short stocking, penny stocking, as well as all things trading-related, clips and scenes of the Annual Pennystocking Conference, and products from other expert traders.
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The chat rooms that are integrated are included in Profit.ly’s variety of features and services. You may be familiar with the concept of the chat room since you can see it across social and messaging platforms, as well as some specialty websites that offer live chat assistance. However, in Profit.ly, it is seen as a hands-on area where experts and members can interact and share knowledge in real-time. Every guru has their own way in operating their chat room and dealing with the listed members. Some may be more laid back and not very often active, while another might be more interactive and online with their students. Think of chatrooms as Profit.ly’s version of the forum, in essence.
Who is the Ideal trader to Profit.ly?
Profit.ly’s wide range of products and features caters to an array of stock traders, from novices to the most experienced. Considering the number of offers it has to offer it is certain to have something for every person.
Newbies, for instance, will enjoy Profit.ly’s collection of educational content offered throughout the platform. Not only will they be enriched with weekly videos and chat room advice by its internal gurus and members. Additionally, they can pick from the merchandise available in its online store to carry with them wherever they travel. You can also get hands-on experience trading on the platform, but ultimately they’ll realize that the process is a risky game that should not be viewed as an amusing pastime.
For traders who have years of exposure down the line, we see Profit.ly equally suitable for them as it is for people who are just beginning. Although the novices might not be as well-equipped with handling trading matters but the experts already know how it works and the stack full of risks that it carries. Ideally, they may utilize Profit.ly’s variety of features to their best advantage to develop their trading skills. As beginners, they are able to learn from the experts as well as experts, and take advantage of short tips and tricks to help them along.
Profit.ly’s “all-inclusive” nature doesn’t just apply to newbies or semi-experienced trader. Certified experts can also take part in the enjoyment! People in the trade industry who are on the same level as Superman as well as Tim Sykes can also use up Profit.ly’s abilities to show off their skills to others in order to guide them through the ever-illustrious trading process. Timothy Sykes Email Address
Profit.ly’s Pros and Cons
The Pros
- Profit.ly’s numerous capabilities as a “one-stop’ stock trading platform enable traders from all over the world with a wealth of education communications, trading, and communication tools
- You will receive excellent training and tips from the in-house gurus, including collections of educational videos as well as trading in real-time.
- You can be sure of complete transparency through Profit.ly by using accurate data and fellow traders who are ready to reach you when something goes wrong.
- The platform’s leaderboard feature gives you the chance to establish your credibility as a trustworthy and verifiable trader
- In addition to its primary features, Profit.ly also gives its users extra options to suit their needs, like posting unverifiable trades through images
- Profit.ly’s diverse range of subscription plans and guru packages are priced at reasonable prices – there truly is something for all
The Cons
- Profit.ly’s bountiful stream of packages and services offered could not be enough for the majority of its customers
- Since traders can choose to open any kind of trade, there is the possibility that some of them will profit by cherry-picking the best trades to increase the rating this could be a problem that shouldn’t be ignored.
- Profit.ly does not offer refunds because the premium customers are expected to immediately benefit from the number of services the platform has to provide
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The Final Concluding Question The Final Verdict: Is Profit.ly Valued?
If we were able to come up with an appropriate answer for this query, it would be 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 wasn’t originally designed to be used in this way. Instead, you need to have an open mind. Timothy Sykes Email Address
What we do mean by ‘yes’ is that it can be a great learning tool. For those who are struggling, they may find Profit.ly’s variety of resources useful as they do their best to incur lesser losses and be more successful than they did before. It’s not just the struggling traders who will benefit from this platform. It will be able to accommodate beginners as well as 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 you should look no further than Profit.ly. Profit.ly is a fantastic alternative to start.
FAQ Timothy Sykes Email Address
What are the best ways to use Profit.ly to publish your trades?
Profit.ly offers an entry section for trades in the ‘My Trade category on the dashboard which allows you to post your trades, verifiable or not. There are three choices:
- Linking your account with your broker of choice and import trades directly from there
- Manually entering your trades into provided spaces and specifics
- Upload a screenshot 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’s a high probability that it’s verifiable. This is shown by the blue check mark. If you upload it manually or through images, it will be classified as unverified.
The disadvantage of an unauthentic trade is the chance of getting downvotes from your colleagues. Too many downvotes may cause you to be listed at the top of the Madoff leaderboard, where people can see who’s fraudulent in posting trades.
Are the Profit.ly mobile application still available?
At the time of writing, Profit.ly is still available to download from 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 people are using Profit.ly?
Profit.ly currently houses over 150,000 investors and traders, since they’re not just trying to maximize profits but also help each other learn and improve in acquiring opportunities in the stock market both right and left.
