The stock market can be an exciting game with high stakes. On certain days, you could enjoy the benefits of positive and satisfactory numbers. However, on other days, the opposite may happen, and it may sometimes be very difficult to get back to where you were at your peak. If you’re constantly stuck in the gutter it is important to recognize that relying on your instincts and preserving may not always be enough.
If you’ve suffered loss from time to time, you’re gonna be needing solid advice from seasoned and tested trading experts. You’re also gonna need an enormous boost from your colleagues in the market from all over the globe. That’s why we’ve discovered a platform that can support you in your improvement within the field. In this review, we’ll take a look at Profit.ly is a well-known 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. Do check out our article below, however, because it has a comprehensive overview of Profit.ly.
Overall Rating: 4.1/5 Timothy Sykes Exposed
User Experience: 4.5/5
Profit.ly is an online trading platform that allows traders of all levels to be informed and accountable, as well as transparent and uplifting with one another through its wide variety of tools and features including chat rooms, trade verification, and an enriched library of educational material.
What exactly is Profit.ly?
Profit.ly is a site for trading that serves both as a training and learning platform for those who are just beginning their journey and also as a platform for traders who are experienced to monitor their performance with the help of sophisticated analytics tools. Providing users with a wide array of options to facilitate trade and communication and letting traders from all walks of life connect with one another. It gives the gurus an opportunity to invest in the right areas of the platform. Imagine it as an online social media platform similar to Facebook and Reddit however it is geared towards professionals and traders.
Profit.ly independently checks the performance of trades and then publishes the information from them in the style of leaderboards. The platform’s trading model is based on transparency and honesty: it ensures that the trades are valid and won’t accept fake news as long as it is possible. It was created many years ago by penny stock trade expert and investment expert Timothy Sykes, along with fellow expert Michael Mosseri.
One time , during an appearance in Forbes publication, Sykes stated that Profit.ly was driven by its focus “on showing the entire spectrum of trades, something which was never prior to.” The idea Sykes said served two objectives: one) creating public track records for everyone, not just the experts, but also the newsletter writers and students and secondly) giving all users to learn from both losses and wins to the benefit of the trading industry. Timothy Sykes Exposed
How Does It Work?
Profit.ly utilizes a subscription model that allows stock traders to have access to a range of features and services aimed toward success. You can create an account at no cost, however you’re only given the ability to navigate through the leaderboards and monitor the activities of non-gurus. If you’re ready to invest your money in order to find out what stocks the experts are trading in real-time, you will need to sign up to one of Profit.ly’s offerings, which we will go over shortly.
The process of opening an account is easy: create an account that includes your personal information and knowledge, then connect your brokerage account, and you’ll be given a chance to shoot through at the very top of the list. Profit.ly’s leaders’ board feature as we’ve mentioned earlier, is designed to give its users a glimpse of the performance of the trading community as well as its experts. It’s not just a way to demonstrate your worth to a large group of traders, as you are also able to use Profit.ly to shop from a guru with the assurance that you’re confident in their skills and the legitimacy of their assertions.
If you are unsure about the concept of leaking the details of your broker account you may choose to publish your trades, whether verified or otherwise, through photographs. In Profit.ly are the vast number of trading classes, the ability to view statistics on a person’s profile as well as other ways to interact with your experts in the chatroom, in addition to email and text alerts as well as updates.
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Meet the Founder: Tim Sykes
Timothy Sykes is a well-renowned day trading guru who is famously known for delving his hands into penny stock trading. According to Investopedia the term “penny stock” refers to a small company’s stock that trades for under $5 for each share. The penny stock market is an opportunity for small businesses to transition into a larger market because it gives them access to funds from the general public. But don’t make the mistake of thinking that it can also be an extremely risky activity, as Sykes is sure to reveal because of his decades of expertise.
From his beginnings in the latter years of High School, Tim Sykes has, since then, earned an estimated $6 million profit through his lengthy career as trading professional. At the age of 25 Sykes was given greater exposure and an even wider impact when he became part of the reality show “Wall Street Warriors.” Then, he took advantage of it to develop trading rooms, penny stock themes, as well as educational content targeted at those who are new to the trading field. He also helped to establish Profit.ly as a place of openness, and for the community to lift each other up and compete with each other through the platform.
The Profit.ly Gurus
One of Profit.ly’s most appealing features is the variety of education resources, trade alerts, and other helpful stuff provided by the in-house experts of the platform. The gurus in question refer to the experts in trading who have earned significant amounts of profit from their collective years of knowledge. Timothy Sykes Exposed
At its height, Profit.ly had housed up to five gurus, each of them a pro in their niche in the trading industry. Some of the most famous experts included Connor Bruggermann, Nathan Michaud of Investors Underground, and Triforce among others. At the time of 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. With that taken into consideration Let’s look at the packages each guru has to offer.
From Tim Sykes Tim Sykes
Sykes provides basic stock trading services that focuses on penny-priced day trading with Tim’s Alerts. The cost is $74.95 for a month you will see him focus on the fundamental stock catalysts and use them to anticipate the next possible moves in making trades.
A standalone purchase in Tim’s Alerts will get you access to the chatroom as well as the mobile app available on iOS as well as Android devices, as well as texts, emails and push alerts as well as a daily watchlist of stocks.
Tim Sykes: From Tim Sykes: The Pennystocking Silver Package
Pennystocking Silver is the highest-quality, upgraded version of the Tim’s Alerts package. It costs $149.95 monthly, this is a great option for those who are more invested in the penny-stock market. Pennystocking Silver comes with all the standard features found in earlier plans which includes alerts for swing trading and access to a rich library of more than 7,000 instructional videos that are updated each week.
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From “Superman” Paul Scolardi: Superman Alerts
Scolardi who goes under the alias “Superman,” is a swing trading professional with an eye for both massive stocks of the small-cap size and insanely accurate marketing forecasts. Through the years since when he first started trading, Superman has amassed over $5.5 million in all-time trading earnings. Timothy Sykes Exposed
The Superman Alerts plan is his package of vital features and alerts on trading geared towards those who might be interested. For just $147 per month, you’ll have an access to the day-to-day stock watchlist that is premarket and the mobile application, daily market updates in real-time, as well as SMS and e-mail alerts.
In “Superman” Paul Scolardi: Superman Pro
For the price of $247, you receive additional features, plus access to the extensive knowledge base that is provided by Superman himself, via Superman Pro. Superman Pro package. On top of the essentials that are included in the Alerts plan, Superman Pro gives you weekly video lessonsthat include a growing library of all other previous ones. On top of that you’ll also gain the ability to access premium reports on research and the IPO as well as earnings tracking tool.
Profit.ly Programs and Costs
If you’re eager to join the online trading community and leave a mark in the field, Profit.ly has the right amount of resources to get you up and running. The platform has three membership levels that cater to traders with different levels. Let’s take a look at what these three levels are and what they’ll cost you.
The package called Novice is Profit.ly’s beginning-of-the-line plan specifically for people who are brand new to the world of trading. As you sign up for this package you’ll be offered a range of strong and essential trading tools, each of which is essential to keep your hands on what we could call a ruthless process by itself.
The list of features you can accomplish using Profit.ly’s Novice program is the ability to verify trades and track profits and follow-up, leading and even chatting with your fellow traders, as well as leaving feedback on today’s trades. You’re also allowed to get on leaderboards, analyze the results of your analysis, sort, or filter the trades you make; and, finally, see other people’s statistics.
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 have an account with this option, stay tuned as we introduce to you Profit.ly’s new plan.
The Trader Plan
The Trader package lets users to benefit from a majority of features from the Novice plan. This plan allows that you can create a private profile for sharing with fellow associate users all your knowledge and intel in the trading community.
Costing $49.95/month, Profit.ly’s Trader plan is exactly what it says catering to those who desire to harness their skills in trading. While it’s nice but there’s one important aspect that’s not included. In contrast to the Novice package, this one won’t be able view other traders’ stats this might be a drawback for those who are anticipating this level. Timothy Sykes Exposed
The Pro plan is the highest expensive plan Profit.ly offers to experienced traders. It costs $74.95 each month and 22% off for annual billing the Pro plan has it all. You get full, no-holds-barred access to all features of the prior plans.
Not only do you get to see other users’ stats, but you’re also given the chance to create an individual profile. Both of these options, in addition to the advantages that you can utilize to the maximum extent. If you’re in search of an option that gives 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 leaderboards, Profit.ly provides a variety of more services it has to provide. One of those is its online store, which allows users to pick from a range of video products that are designed to educate and help you understand the nuances and pitfalls of trading. The products listed in this section of the website is available to be bought immediately for your personal use. Some of these include bestsellers such as the “Trading Tickers” series by trading professional Tim Grittani, Timothy Sykes’s library of DVDs and streaming-only content about short stocking, penny stocking, and other things trading-related, clips and scenes of 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 range of services and features. You may be familiar with chat rooms since you can see it across social and messaging platforms, as well as some specialty websites that provide live chat assistance. But in Profit.ly it’s seen as a real-time space where experts and their member traders can communicate and learn in real time. Every guru has their own way when it comes to running their chat room and dealing with the members there. One might be laid back and rarely active, while another might be more online and communicative with their students. Consider chat rooms like Profit.ly’s version of a forum, in its essence.
Who is the ideal trader to Profit.ly?
Profit.ly’s variety of offerings and features caters to the wide range of stock traders, ranging from novices to experienced professionals. Given the wide range of options it has to offer this platform definitely has something for everyone.
Beginners, for instance, will appreciate Profit.ly’s knowledge-based content offered throughout the platform. They will also get daily videos and chat room advice from the in-house experts and members. They’ll also be able select from the products on its store online that they can take with them wherever they travel. Additionally, they can gain practical experience trading on the platform, but eventually they’ll be able to realize that trading is a risky game that shouldn’t be treated as an opportunity to make fun of.
For the traders with many years of experience down the line, we see Profit.ly equally suitable to people who are just beginning. Although the novices might not be as well-equipped with managing trading but the experts already know how it works along with the stack full of risks that come with it. In the ideal scenario, they can use Profit.ly’s array of features to their best advantage to develop their skills in trading. Like beginners, they can study from the gurus and experts , and use those short tips and tricks to help them along.
Profit.ly’s “all-inclusive” nature doesn’t just apply to newbies or semi-experienced trader. Experts who have been verified can also participate in the enjoyment! Those in the trading industry who are on the same level as Superman as well as Tim Sykes can also use up Profit.ly’s capabilities to showcase their expertise to other traders in order to assist them in the ever-changing trading process. Timothy Sykes Exposed
Profit.ly’s Pros and Cons
- Profit.ly’s diverse capabilities as a “one-stop” platform for trading stocks allows it to provide traders everywhere with a wealth of education tools, communication, and trading tools
- You get to be taught by experts and advice from the company’s in-house gurus, including video libraries that teach you how to learn and real-time trading activities
- You’re assured of transparency throughout Profit.ly with accurate analytics as well as fellow traders that are waiting to reach you when something goes wrong.
- The leaderboard feature of the platform offers you the chance to establish your credibility as a trustworthy and dependable trader
- In addition to its primary features, Profit.ly also gives its users extra options to suit their needs, like posting trades that are not authentic by taking photographs
- Profit.ly’s variety of subscription plans and guru packages are priced at affordable rates – there truly is something for every person
- Profit.ly’s numerous packages and products offered may be too much for the majority of its customers
- If traders decide to post any kind of trade, there’s an opportunity that some them could profit from picking the most profitable trades to improve their ratings this could be a problem that shouldn’t be simply overlooked
- Profit.ly will not allow refunds, as its premium users will immediately take advantage of the numerous features the platform is able to provide
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The Final Concluding Question The Final Verdict: Is Profit.ly worth it?
If we were able to come up with an answer to this question, it’s yes. However, you must realize that this platform shouldn’t be viewed as a quick-fix scheme to make money. It wasn’t designed to be used to achieve this goal. Instead, you need to have the ability to think with an open heart. Timothy Sykes Exposed
What we are referring to by ‘yes’ is that it can be a great learning tool. Those who may be stuck could discover Profit.ly’s range of resources to be helpful in their efforts to avoid loss and perform better than before. It’s not only the struggling traders who will benefit from the platform. It can accommodate beginners and even experts in the field!
If you really desire to be better at trading and wish to be taught by your fellows and gurus on the way, take a look at Profit.ly. Profit.ly could be a good alternative to start.
FAQ Timothy Sykes Exposed
How can you make use of Profit.ly to publish your trades?
Profit.ly has the option of allowing trade entries under the “My Trade category on the dashboard that lets you record your trades, verifiable or not. There are three options:
- Connecting your account to your brokerage of choice and then importing the trades from that directly
- Manually entering your trades using specified spaces and information.
- Upload a screenshot of your trades
How do I know whether the trade can be verified or not?
If you import your trade from a trusted brokerage, there is an excellent probability that it’s verifiable. This is evident by the small blue check. If you submit it manually or through images, it will be assigned as unverified.
The disadvantage of an unauthentic trade is the chance of receiving downvotes from fellow peers. Too many downvotes may cause you to show up on the Madoff leaderboard, which is where the public can see who’s dishonest in posting trades.
Does the Profit.ly mobile application still available?
As of the moment, Profit.ly is still available for download on the App Store for Apple and in the Google Play store. The mobile version of the app is compatible with most working smartphones and tablets.
How many people are connected to Profit.ly?
Profit.ly is currently home to over 150,000 traders and investors, as they not only are looking to earn maximum profits but also assist each other to learn and improve in acquiring opportunities in the stock market both right and left.