Stock trading can be a high-stakes game. Some days, you could enjoy the benefits of positive and satisfying numbers. On other days, however you may experience the opposite and it could be extremely difficult to get back to where you were at your best. If you’re immersed in the water, you will have to recognize that relying on instinct and survival is not always enough.
If you’ve experienced occasional losses, you’re gonna be needing reliable advice from tested and tried trading experts. Also, you’ll need a significant boost from your colleagues in the market from all over the globe, which is why we’ve identified an option that can help you in your improvement in the market. We’ll be taking a look at Profit.ly, a well-recognized 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. Do check out our article below, however, because it has a comprehensive overview of Profit.ly.
Overall Rating: 4.1/5 Timothy Sykes Forex Trading
Value: 4.1/5
Quality: 4.1/5
Costs: 4.1/5
The User’s Experience 4.5/5
Summary
Profit.ly is an online trading platform that enables traders of different levels to be informative responsible, transparent, and to build relationships with each other through its broad array of tools and features such as trade verification, chat rooms, and an enriched library of educational content.
What is Profit.ly?
Profit.ly is a trading site that serves both as a training and learning platform for people new to trading as well as a place for traders who are experienced to monitor their performance with the help of cutting-edge analytics tools. Providing users with a wide array of options to facilitate trade and communication and letting traders from all walks of life network with one another. It offers gurus with worthy investments within the boundaries of this platform. Consider it the social media equivalent the likes of Facebook and Reddit however it is geared towards experts and traders.
Profit.ly independently checks the performance of trades and publishes all 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 tolerate inauthenticity as much as is humanly possible. It was created in the past by penny expert in stock trading 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 driven by its focus “on the transparency of all trades, something that was never prior to.” This idea was, he said, serving two objectives: one) making public records for all traders, not just the gurus as well as newsletter writers and students as well as) giving anyone on the platform to be enlightened by both losses and wins to the benefit of the trading industry. Timothy Sykes Forex Trading
How Does It Perform?
Profit.ly follows a subscription-based model which allows stock traders to gain access to a multitude of features and services aimed towards achieving the success of their business. You can create an account at no cost, however you’re only given the ability to navigate through the leaderboard and follow the activities of non-gurus. If you’re looking to invest your money in order to find out which stocks the gurus are trading in real-time, you will need to subscribe to any of Profit.ly’s offers that we’ll review in the coming days.
The process of opening an account is simple: Create a profile with your experiences and expertise, connect to your brokerage account and you’ll have a chance to shoot your way up to at the very top of the list. Profit.ly’s Leaderboard function, which was mentioned previously it is designed to provide its users a glimpse of the performance of the trading community and its experts. It’s not just a way to show value to a large group of traders. You can also use Profit.ly to buy with a guru, and have the confidence that you are confident in their skills and the veracity of their assertions.
If you are unsure about the idea of divulging the details of your broker account then you could choose to publish your trades, whether verified or not, via photographs. In Profit.ly are the vast number of courses in trading as well as the ability to look at stats in a trader’s profile and other methods to interact with your experts through the chatroom in addition to notifications via email or text as well as updates.
> > Click Here to Check Out Profit.ly < <
Meet the Founder: Tim Sykes
Timothy Sykes is a well-renowned day trading personality who has been famously known for delving his hands into the penny-stock market. According to Investopedia Penny stock refers to a small company’s stock which trades at under $5 for each share. Penny stock trading could be viewed as an opportunity for small-scale businesses to make the transition into a larger market because it allows them to access capital from the general public. However, don’t get it wrong – it’s also an extremely risky activity, as Sykes can surely tell thanks to his years of expertise.
From his beginnings in his late years in the high schools, Tim Sykes has, since then, made over $6 million of earnings throughout his illustrious career as trader. At 25 years old Tim Sykes had received more exposure and a wider influence over time when he became part of the reality TV show “Wall Street Warriors.” He took advantage of it to establish trading rooms, penny stock themes, and educational material aimed at those who are just beginning to learn about the trading field. He also played a role in establishing Profit.ly as a place for openness, and to allow the community to rise and compete against each other through the platform.
The Profit.ly Gurus
One of Profit.ly’s amazing features is the vast array of educational sources, trade alerts as well as other useful information provided by the platform’s in-house gurus. These gurus refer to the experts in trading who have proven to make substantial amounts of money from their collective years of experience. Timothy Sykes Forex Trading
At its peak, Profit.ly had housed up to five gurus, all of them a professional within their particular field in the trading industry. 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 only two gurus remain on the platform: the founder and penny stock trader Tim Sykes and veteran smallcap swing trader Paul Scolardi, also known as Superman. In light of that Let’s look at the packages each guru offers.
From Tim Sykes Tim Sykes
Sykes offers basic stock trading services that focuses on penny-priced day trading with Tim’s Alerts. The cost is $74.95 per month, you’ll be able to observe him focus on fundamental catalysts for stocks and utilize them to anticipate the next move that is possible when making trades.
A standalone purchase of Tim’s Alerts will get you access to the chatroom, as well as the mobile app that’s available to iOS as well as Android devices, email, text and push alerts; and a daily stock watchlist.
from Tim Sykes: The Pennystocking Silver Package
Pennystocking Silver is the premium version that has been upgraded of the Tim’s Alerts program. At $149.95 monthly, it is a great option for those who are involved in the penny-stock market. Pennystocking Silver includes all the basic features found in prior plans, which includes alerts for swing trading and access to an extensive library of more than 7,000 instructional videos and new videos released weekly.
> > Click Here to Check Out Profit.ly < <
From “Superman” Paul Scolardi: Superman Alerts
Scolardi, who goes by the alias “Superman,” is a swing trading professional with an eye for tiny-cap massive stocks as well as wildly accurate marketing forecasts. Through the years since the time he started trading, Superman has amassed over $5.5 million in total trading earnings. Timothy Sykes Forex Trading
The Superman Alerts package is his offer of the most essential features and trading alerts targeted to those interested. For $147 per month, you’ll gain access to the daily stock watchlist that is premarket along with the mobile application, daily market updates in real-time, and SMS and e-mail alerts.
From “Superman” Paul Scolardi: Superman Pro
For $247 per month, you can enjoy additional features and access to an extensive base of knowledge that is provided by Superman himself through Superman Pro. Superman Pro package. Alongside the standard features included in the Alerts package, Superman Pro gives you weekly video lessonsthat include the growing collection of other previous ones. On top of that you’ll also gain access to premium research reports and an IPO and earnings tracker.
Profit.ly Programs and Costs
If you’re ready to join the world of online trading and leave a mark in the field, Profit.ly has the right amount of resources to get you going. Profit.ly offers three membership tiers that are designed to accommodate 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 entry-level plan designed especially for those who are new to the trading community. As you sign to this plan you’ll be given a slew of robust and essential trading tools, all one of them essential in keeping your fingers on what could call a ruthless process in and of itself.
The list of features you can do with Profit.ly’s Novice program is the ability to confirm trades and track profits; leading, following and even texting your fellow traders, as well as leaving feedback on today’s trades. You can also get on leaderboards; analyze your trades, sort or filter the trades you make and, lastly, view other’s stats.
The Novice plan costs $29.95 per month. Although it looks attractive simply because of the price but there’s a disadvantage. You can’t create a private profile, thus making your activities publicly available. If you do want to get the benefit of this service, keep an eye on us as we present to you Profit.ly’s next plan.
The Trader Plan
The Trader package allows you to take advantage of many of the features of The Novice package. In this plan, that you can set up a private profile for sharing with fellow associate users all your knowledge and knowledge you gain from trader’s community.
Costing $49.95/month, Profit.ly’s Trader plan is exactly what it says: Cater people who want to harness their skills in trading. Although it’s a nice thing, there is one significant aspect that’s not included. In contrast to the Novice package, you won’t be able to view the statistics of other traders that could be a problem for those who are eager to try this new tier. Timothy Sykes Forex Trading
Pro Plan
The Pro plan is the most premium package that Profit.ly could offer for seasoned traders. It costs $74.95 each month with a 22% discount when billed annually This plan offers it all. You get full, no-holds-barred access to all the features of the previous plans.
Not only do you get to view other people’s stats and data, but you also have the option of creating a private profile. These two features are in addition to the benefits that you can use to the maximum extent. If you’re in search of an account that will give you everything you need as a skilled trader, maybe the Pro level is the right choice for you!
Profit.ly’s Other Services
Apart from the training tools and the leaderboards, Profit.ly provides a variety of additional services that it can offer. One of these is its online store, which lets users pick from a range of video products created to guide you through the nuances and pitfalls of trading. Each of the offerings listed on this page of the website is available to be bought immediately for your personal use. Among these products include best-sellers such as the “Trading Tickers” series by trading professional Tim Grittani, Timothy Sykes’s library of DVDs and streaming-only content on short stocking, penny stocking, and all other related to trading, videos and clips taken from events like the Annual Pennystocking Conference, and other products by expert traders.
> > Click Here to Check Out Profit.ly < <
The chat rooms that are integrated are also part of Profit.ly’s array of services and features. You’re probably familiar with the concept of the chat room as you will see it on messaging and social platforms, in addition to a few special websites that provide live chat support. However, in Profit.ly it’s seen as a real-time area where experts and members can interact and share knowledge in real-time. Every guru has their own style when it comes to running their chat room and dealing with the listed members there. Some may be a laid-back person who is rarely active, while another might be more online and communicative in their interactions with students. Think of the chat rooms as Profit.ly’s version of the forum in the essence.
Who is the ideal trader to Profit.ly?
Profit.ly’s diverse range of products and features cater to a large variety of stock traders, from novices to the most experienced. Given the wide range of options it can provide this platform definitely has something for everyone.
For instance, newbies can take advantage of Profit.ly’s collection of educational information available on the platform. In addition, they will get daily videos and chat room advice by its internal gurus and members. They’ll also be able to select from the products from its online store for them to take wherever they be. They can also gain hands-on experiences by trading through the platform, but ultimately they’ll be able to realize that trading is a risky game that shouldn’t be taken as an opportunity to make fun of.
For traders who have years of exposure down the line, we see Profit.ly equally suited for them as it is for the newcomers. While the newbies may not be as well-equipped with managing trading, the pros already understand how it works and the plethora of risks that come with it. It is ideal to utilize Profit.ly’s variety of features to their best advantage to improve their skills in trading. Like beginners, they can learn from the top experts as well as experts, and take advantage of short tips and tricks along the way.
Profit.ly’s “all-in” approach doesn’t just apply to newbies as well as semi-seasoned traders. Experts who have been verified can also participate in the fun! People in the trade industry who are at similar levels to Superman as well as Tim Sykes can also use up Profit.ly’s capabilities to showcase their skill to others as a way to help assist them in the ever-changing trading process. Timothy Sykes Forex Trading
Profit.ly’s Pros and Pros and
The Pros
- Profit.ly’s many capabilities as a ‘one-stop’ stock trading platform enable traders from all over the world with a wealth of education tools, communication, and trading tools
- You get to receive excellent training and tips from the inside experts, as well as libraries of educational videos and live trading activity.
- You’re assured of transparency throughout Profit.ly with precise analytics and fellow traders ready to call you out whenever something happens
- The platform’s leaderboard feature gives you the chance to establish your credibility as a trustworthy and authentic trader
- Apart from its main 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 levels and guru packages are priced at affordable rates – there truly is something for every person
The Cons
- Profit.ly’s bountiful stream of packages and products offered may not be enough for a lot of its customers
- As traders may opt to make any type of trade, there is an opportunity that some them could profit from picking the most profitable trades to boost their rating – this may be a concern that should not be ignored.
- Profit.ly does not accept refunds because the premium customers are expected to instantly take advantage of the numerous features the platform is able to offer
> > Click Here to Check Out Profit.ly < <
The Final Concluding Question: Is Profit.ly Worth It?
If we were able to come up with the answer, it would be an affirmative “yes”. But it is important to realize that this platform shouldn’t be viewed as a scheme to get rich quick. The platform wasn’t originally designed to be used for this reason. Instead, you should have an open mind. Timothy Sykes Forex Trading
What we mean by ‘yes’ is that it is a fantastic learning tool. Those who may be stuck might be able to find Profit.ly’s array of resources helpful in their efforts to incur lesser losses and be more successful than before. It’s not only the struggling traders who will benefit from the platform. It will be able to accommodate beginners as well as even experts!
So, if you genuinely care about being a better trader and want to learn from your peers and experts along the way, then look no further – Profit.ly may be a great choice to start.
FAQ Timothy Sykes Forex Trading
What are the best ways to use Profit.ly to post your trades?
Profit.ly offers the option of allowing trade entries in the “My Trade’ category of the dashboard that allows you to post your trades that are verified or not. There are three choices:
- Connecting your account to your broker of choice and import the trades from that directly
- Manually entering your trades into the spaces provided and details
- Send a screen shot of your trades
What can I do to determine whether the trade can be verified or not?
If you import your trade from a trusted brokerage, there’s a high probability that it’s verifiable. This is shown by the blue check mark. If you post it manually or through images, it will be assigned as unverified.
The downside of having an unauthentic trade is the risk of receiving negative feedback from fellow peers. If you receive too many negative votes, it could result in you appearing at the top of the Madoff leaderboard, where users are able to identify who is fraudulent in posting trades.
Does the Profit.ly mobile app still in use?
At the time of writing, Profit.ly is still available to download via the Apple App Store as well as on the Google Play store. The mobile app version is compatible with most working smartphones and tablets.
How many are connected to Profit.ly?
Profit.ly is currently home to over 150,000 investors and traders, since they’re not just trying to maximize profits but also assist each other to grow and learn more about acquiring opportunities in the stock market all over the world.
