Stock trading can be an extremely risky game. On certain days, you could have the benefit of pleasing and positive numbers. However, on other days, the opposite may happen and it could be extremely difficult to return to where you were your peak. If you find yourself constantly stuck in the gutter, you will have be aware that relying solely on your instincts and preserving might not be enough.
If you’ve been incurring loss from time to time, you’re gonna be needing sound advice from tried-and-tested trading experts. Also, you’ll need a significant boost from your fellow traders from around the world, which is why we’ve discovered an online platform that will help you to improve your performance in the market. In this review, we’ll take an in-depth 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 Email List
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 enables traders of different levels to be knowledgeable responsible, transparent, and to build relationships with one another through its wide range of features and tools like trade verification, chat rooms as well as an extensive library of educational content.
How do I define Profit.ly?
Profit.ly is a trading website that functions as a learning and training platform for those new to trading and also as a platform for traders with experience to keep track of their performance using the aid of advanced analytics tools. It provides users with a vast range of resources for trade and communication and letting traders from all walks of life connect with each other. It also allows gurus to make an opportunity to invest in the right areas of this platform. Consider it an online social media platform similar like Facebook and Reddit however it is geared towards experts and traders.
Profit.ly independently checks the performance of trades and posts all the data of them in the manner of leaderboards. The platform for trading is built on honesty and transparency: it guarantees that the trades are valid and won’t accept fake news as long as it is possible. It was established in the past by penny expert in stock trading and investment expert Timothy Sykes, along with the other expert Michael Mosseri.
In an appearance in Forbes magazine Sykes declared that Profit.ly was motivated by its focus “on the transparency of every trade, something that has never been done before.” This idea was, he said, serving two goals: 1.) keeping track of public data for not just the gurus and students and newsletter writers, and 2) giving anyone on the platform to learn from both the wins and losses to benefit the industry of trading. Timothy Sykes Email List
How Does It Perform?
Profit.ly follows a subscription-based model which allows stock traders to gain access to a multitude of services and features geared toward success. You may set up an account there at no cost, however you’re only limited to having 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 and see what stocks the experts are trading in real time, you will need to subscribe to any of Profit.ly’s deals that we’ll discuss in the near future.
Making an account simple: Create an account that includes your personal information and skills, join to your brokerage account, and you’ll have an opportunity to make your way up to at the very top of the list. Profit.ly’s leaderboard feature, as previously mentioned, is designed to give its users a look at the performance of the trading community as well as its gurus. It’s not just a way to demonstrate your worth to a group of traders, but you are also able to use Profit.ly to shop from a guru with the confidence that you are confident of their knowledge and the veracity of their assertions.
If you are unsure about the concept of leaking your brokerage account, you can choose to publish your trades, verified or not, via pictures. Included in Profit.ly are the vast number of trading courses and the capability to see statistics on a person’s profile as well as other ways to communicate with your gurus through the chatroom as well as notifications via email or text as well as updates.
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Meet Tim Sykes, the founder: Tim Sykes
Timothy Sykes is a well-renowned day trader who is well-known for his efforts in penny stock trading. According to Investopedia the term “penny stock” refers to a small company’s stock which trades at less than $5 per share. The trading of penny stocks is an avenue for small-scale businesses to make the transition into a larger market because they can access money from the public. However, don’t get it wrong – it’s also an extremely risky game, as Sykes can surely tell through his many years of experience.
From his beginnings in the latter years of high school, Tim Sykes has, since then, earned over $6 million of profits during his long and successful career as a trader. At the age of 25 Sykes was given greater exposure and an even wider influence over time when he was a part of the reality TV show “Wall Street Warriors.” Then, he made use of the show to establish trading rooms as well as penny stock themes as well as educational content targeted at people who are brand new to trading. He also helped to establish Profit.ly as a place of transparency, and to allow the community to rise and compete against each other on the platform.
The Profit.ly Gurus
One of Profit.ly’s sweet inclusions is the vast array of educational sources, trade alerts and other useful stuff offered by the platform’s in-house gurus. Gurus are referred to the trading experts who have made significant amounts of profit from their combined years of knowledge. Timothy Sykes Email List
At its height, Profit.ly had housed up to five gurus, all of them a professional 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. In light of that we’ll take a look at what packaged deals each guru has to offer.
From Tim Sykes: Tim’s Alerts
Sykes offers a basic stock trading service that focuses on penny-stock day trading via Tim’s Alerts. At $74.95 monthly, you’ll be able to observe him focus on fundamental stock catalysts and use them to anticipate the next possible moves in making trades.
A standalone purchase of Tim’s Alerts will get you access to the chatroom, as well as the mobile application that is available to iOS as well as Android devices; email, text and push alerts; as well as a daily watchlist of stocks.
From Tim Sykes: The Pennystocking Silver Package
Pennystocking Silver is the premium version that has been upgraded of the Tim’s Alerts program. It costs $149.95 monthly, this is a great option for those who are more committed to penny stock trading. Pennystocking Silver includes all the basic features that were included in prior plans, including swing trading alerts as well as unlimited access to an extensive collection of more than 7,000 educational videos and new videos released weekly.
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From “Superman” Paul Scolardi: Superman Alerts
Scolardi who goes under the name “Superman,” is a swing trading professional with an eye for both massive stocks of the small-cap size and insanely accurate marketing forecasts. In the time since he began as a trader, Superman has amassed over $5.5 million in all-time trading profits. Timothy Sykes Email List
The Superman Alerts package is his offer of the most essential features and trading alerts geared to those interested. For just $147 per month, you’ll have access daily stock watchlist that is premarket as well as the mobile application, daily market commentary shown in real time, and SMS and e-mail alerts.
In “Superman” Paul Scolardi: Superman Pro
For $247 per month, you can enjoy additional features, as well as access to the extensive knowledge base of information provided by Superman himself through Superman Pro. Superman Pro package. In addition to the basic features featured in the Alerts package, Superman Pro gives you weekly video lessonsthat include an ever-growing library of other previous ones. In addition you’ll also gain the ability to access premium reports on research as well as the IPO or earnings monitor.
Profit.ly plans and costs
If you’re eager to join the trading community on the internet and make a mark on the industry, Profit.ly has the right amount of tools to get you going. The platform has three membership levels that are designed to accommodate traders of different levels. Let’s look at what the three tiers are and how much they will cost you.
Novice Plan
This package for novices is Profit.ly’s entry-level plan designed especially for those who are just beginning their journey to the trading community. As you sign up for this package, you will be immediately given a slew of robust and vital trading tools, all of them integral in keeping your fingers on what can describe as a cutthroat process in and of itself.
The list of features you can accomplish using Profit.ly’s Novice package include the capability to check trades and track profits; leading, following and even texting other traders; and giving feedback on the trades of today. It also allows you to be on leaderboards, analyze your trades, sort as well as filter trades; and lastly, look at other’s stats.
The Novice plan is $29.95 per month. While it may look attractive simply because of the price, there is a downside. You aren’t able to create a personal profile, thus making your personal information public. If you’re interested in get access to this feature, you should be watching for us to introduce to you Profit.ly’s next plan.
Trader Plan
The Trader package allows you to use a majority of features from The Novice package. In this plan, that you are able to create a private profile to share with fellow associate users all your knowledge and information you have gained from the trading community.
The price is $49.95/month, Profit.ly’s Trader plan does what the name suggests: Cater for those looking to improve their trading skills. As nice as it seems, there is one significant element that’s missing. In contrast to the Novice package, you won’t be able to see the statistics of other traders that could be a problem for some who may be eager to try this new tier. Timothy Sykes Email List
Pro Plan
This is by far the most expensive plan Profit.ly could offer for seasoned traders. At $74.95 per month, with a 22% discount when billed annually, this tier has everything. You get full, no-holds-barred access to all the options of the prior plans.
Not only do you get to view other people’s stats as well, you’re also offered the option of creating an individual profile. Both of these features, in addition to the advantages that you can utilize to the maximum extent. If you’re looking for an account that will give all the features you need to be an experienced trader, the Pro plan is for you!
Profit.ly’s Other Services
Apart from the provided tools for training and Leaderboards Profit.ly provides a variety of more services it has to provide. One of these is its online store, where customers can choose from a wide array of instructional videos that are designed to inform and provide guidance on the nuances and pitfalls of trading. The products listed on this page of the website is available to be purchased immediately for personal use. Some of these include bestsellers like”Trading Tickers,” the “Trading Tickers” series by trader expert Tim Grittani, Timothy Sykes’s collection of DVDs and streaming-only content about short stocking, penny stocking, and all other related to trading, videos and scenes taken from The Annual Pennystocking Conference, and products from other expert traders.
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Chat rooms integrated into Profit.ly are included in Profit.ly’s array of features and services. You are probably familiar with the concept of the chat room since you will see it on messaging and social platforms, and also on a few specialty websites that provide live chat assistance. But in Profit.ly the chat room is viewed as a real-time space where experts and their members trade and learn in real time. Each guru has their style in operating their chat room and dealing with the members. One might be more laid back and less engaged, while another could be more active and in touch to their pupils. Think of the chatrooms as Profit.ly’s version of the forum, in the 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 trader types, from beginners to experienced pros. Considering the number of offers it offers this platform definitely has something for everyone.
Newbies, for instance, will appreciate Profit.ly’s knowledge-based content offered throughout the platform. Not only will they be enriched with weekly videos and chat room tips from the in-house experts as well as their members. Additionally, they can choose from the items in its online store for them to take wherever they may be. Additionally, they can gain practical experiences by trading through the platform, but eventually they’ll be able to realize that trading is a high-stakes game that shouldn’t be taken as an amusing pastime.
For traders who have many years of experience down the line, we see Profit.ly equally suitable for them as it is for the newcomers. Although the novices might not be as proficient in managing trading, the pros already understand how it works along with the plethora of risks that it carries. In the ideal scenario, they can use Profit.ly’s array of options to their maximum advantage to enhance their trading abilities. Like beginners, they can learn from the top experts and experts , and use those simple tips and hints to help them along.
Profit.ly’s ‘all-together’ nature doesn’t just apply to newbies as well as semi-seasoned traders. Experts who have been verified can also participate in the excitement! Trade professionals who are on an equal level with Superman or Tim Sykes can also use Profit.ly’s capabilities. Profit.ly’s capabilities to display their expertise to other traders as a way to help navigate them through the ever-changing trading process. Timothy Sykes Email List
Profit.ly’s Pros and Pros and
The Pros
- Profit.ly’s many capabilities as a “one-stop’ stock trading platform allows traders across the globe with tons of learning 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 trading in real-time.
- You’re assured of transparency throughout Profit.ly by using accurate data as well as other traders ready to call you out whenever something happens
- The leaderboard feature on the platform gives you a way to build 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 variety of subscription levels and guru packages are priced at affordable rates There’s something for everyone
The Cons
- Profit.ly’s bountiful stream of packages and services offered could seem overwhelming for most of its customers
- As traders may opt to open any kind of trade, there is an opportunity that some them could profit from selecting the best trades in order to increase the rating This could be a risk that shouldn’t be ignored.
- Profit.ly does not accept refunds, as its premium users will immediately take advantage of the numerous services the platform has to offer
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The Final Concluding Question The Final Verdict: Is Profit.ly worth it?
If we were able to come up with the answer, it’s a ‘yes’. But it is important to realize that it shouldn’t be treated as a quick-fix scheme to make money. The platform was not always meant to be designed in this way. Instead, it is best to keep curiosity. Timothy Sykes Email List
What we do mean”yes” is that it can be a great learning tool. For those who are struggling, they might find Profit.ly’s range of resources helpful in their efforts to incur lesser loss and perform better than they did before. It’s not just the poor traders that can benefit from the platform. It will be able to accommodate beginners as well as even experts in the field!
If you truly desire to be a better trader and want to be taught by your fellows and gurus on the way, you should look no further than Profit.ly. Profit.ly is a fantastic alternative to start.
FAQ Timothy Sykes Email List
What are the best ways to use Profit.ly to post your trades?
Profit.ly includes an entry section for trades in the ‘My Trade’ category of the dashboard that lets you post your trades, either verified or otherwise. You may choose between three options:
- Linking your account with your brokerage of choice and importing trades directly from there
- Manually entering your trades into specified spaces and information.
- Send a screen shot of your trades
What can I do to determine whether the trade can be verified or not?
If you purchase your trade from a reputable brokerage, there is a high chance that it is verifiable. This is shown by the blue check mark. If you submit it in a manual way or by taking images, it will be classified as unverified.
The drawback of posting an unverified trade is the possibility of receiving downvotes from colleagues. Too many downvotes may cause you to show up on the Madoff leaderboard, which is where the public are able to identify who is dishonest in posting trades.
Does the Profit.ly mobile app still available?
As of this writing, Profit.ly is still available for download on the Apple App Store and in the Google Play store. The mobile version of the app is compatible with the majority of functioning tablets and smartphones.
How many people are currently 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 all over the world.
