The stock market can be an extremely risky game. Some days, you might enjoy the benefits of positive and satisfying numbers. However, on other days it could be the reverse and it could be very difficult to get back to where you were your best. If you’re always in the mud it is important be aware that relying solely on pure instinct and preservation may not always be enough.
If you’ve suffered losses from time to time, you’re gonna be needing sound advice from tried-and-tested trading experts. Additionally, you’ll require an enormous boost from your fellow traders from around the globe. That’s why we’ve identified a platform that can support you in your growth in the market. In this review, we’ll take an in-depth look at Profit.ly A well-respected one-stop 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.
Overall Rating: 4.1/5 Timothy Sykes Free Membership
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 each other by offering a wide array of tools and features like trade verification, chat rooms and a rich library of educational content.
What exactly is Profit.ly?
Profit.ly is a site for trading that functions as a learning and education platform for traders who are just beginning their journey and as a hub for experienced traders to track their performance through the use of sophisticated analytics tools. Providing users with a wide variety of tools for trade and communication that help traders from all walks of life connect with each other. It offers gurus with worthwhile investments within the confines that the site. Imagine it as the social media equivalent like Facebook and Reddit, but for traders and experts.
Profit.ly independently validates trade performance and publishes all data from them in the form of leaderboards. The trading platform is built on honesty and transparency: it guarantees that the transactions are legitimate and will not accept fake news as long 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.
In an appearance in Forbes publication, Sykes said that Profit.ly was based “on the transparency of every trade, something that has never been previously done.” The idea was, he said, serving two goals: 1.) keeping track of public data for all traders, not just the gurus, but also the newsletter writers and students as well as) allowing all users to gain insight into the losses and wins to benefit the industry of trading. Timothy Sykes Free Membership
How Does It Work?
Profit.ly follows a subscription-based model that lets stock traders have access to a range of services and features geared towards achieving success. It is possible to create an account at no cost, however you’re limited to access to the leaderboards and monitor the actions of non-gurus. If you’re ready to invest your money in order to find out which stocks the gurus are trading in real-time it is necessary to join one of Profit.ly’s deals, which we will go over shortly.
Setting up an account is easy: create a profile with your experiences and skills, join your brokerage account, and you’ll be given an opportunity to make through high on the leaderboard. Profit.ly’s Leaderboard function, which was previously mentioned, is designed to give its users a glimpse of their performance as a trading group and its gurus. It’s not just a way to prove that you’re worthy to the group of traders, but you can also use Profit.ly to purchase from a guru with the confidence that you are confident of their knowledge and the credibility of their claims.
If you’re not comfortable with the concept of leaking the details of your broker account you can decide to share your trades, verified or not, by taking photographs. In Profit.ly is the huge selection of trading classes and the capability to see statistics on a person’s profile and other methods to connect with your gurus through the chatroom in addition to text and e-mail alerts and updates.
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Meet the Founder: Tim Sykes
Timothy Sykes is a well-renowned day trading guru who is famously known for his efforts in trades in penny stocks. 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 could be viewed as a stepping stone for small companies to move to a large marketplace as it allows them to access capital from the public. But don’t make the mistake of thinking that it’s also a high-risk game, which Sykes can surely tell thanks to his years of expertise.
Since his initial beginnings in his late years in high school, Tim Sykes has, since then, made over $6 million of earnings throughout his illustrious career as a trader. At the age of 25, he had been given more exposure and a wider reach of influence when he became part of the reality series “Wall Street Warriors.” He then made use of the show to establish trading rooms and penny stock themes and educational content geared toward those who are new to trading. He also helped establish Profit.ly as a place of transparency and for the community to uplift and compete through the platform.
The Profit.ly Gurus
One of Profit.ly’s amazing features is the variety of learning resources, trade alerts, and other useful stuff offered by the platform’s in-house gurus. The gurus in question refer to the experts in trading who have earned significant amounts of profit through their years of expertise. Timothy Sykes Free Membership
At its height, Profit.ly had housed up to five gurus, all of them an expert in their field of expertise within the world of trading. Some of the prominent gurus included Connor Bruggermann, Nathan Michaud of Investors Underground, and Triforce, among a few others. At the time of writing there are only two gurus who remain on this platform: the founder and 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 offers.
From Tim Sykes Tim Sykes
Sykes provides a basic stock trading service that focuses on penny-stock day trading via Tim’s Alerts. The cost is $74.95 for a month you’ll observe him focus on fundamental stock catalysts and use them to predict the next move that is possible when trading.
A standalone purchase from Tim’s Alerts will get you access to the chatroom as well as the mobile app available to iOS and Android devices, text, e-mail, and push alerts; as well as a daily watchlist of stocks.
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 monthly, it is a great option for investors who are committed to the penny-stock market. Pennystocking Silver comes with all the standard features found in prior plans, such as swing trading alerts and unlimited access to a library of over 7,000 educational videos that are updated weekly.
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The following video is from “Superman” Paul Scolardi: Superman Alerts
Scolardi who goes under the name “Superman,” is a professional in swing trading with an eye for tiny-cap massive stocks as well as wildly accurate marketing forecasts. In the time since he began as a trader, Superman has amassed over $5.5 million in total trading earnings. Timothy Sykes Free Membership
The Superman Alerts plan is an offering of essential features and trading alerts 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 along with the mobile app, daily market commentary shown in real-time, and SMS and e-mail 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 that is provided by Superman himself via the Superman Pro package. On top of the essentials included in the Alerts plan, Superman Pro gives you daily video lessons, which include a growing library of all previous lessons. On top of that you’ll also gain the ability to access premium reports on research as well as an IPO or earnings monitor.
Profit.ly plans and costs
If you’re ready to join the trading community on the internet and leave a mark in the industry, Profit.ly has the right amount of resources to get you started. The platform has three membership levels, each designed for traders with different levels. Let’s look at what the three tiers are and how much they’ll cost you.
Novice Plan
This package for novices is Profit.ly’s beginning-of-the-line plan specifically for those who are new to the trading community. As you sign to this plan you’ll be offered a range of strong and essential trading tools, each of them integral in keeping your fingers on what can describe as a cutthroat procedure in its own.
The list of features you can do using Profit.ly’s Novice program is the ability to verify trades and track profits and follow-up, leading and even texting your fellow traders, as well as providing feedback on trades today. You’re also allowed to get on leaderboards; analyze the results of your analysis, sort, as well as filter trades and lastly, look at other’s stats.
The Novice plan is $29.95 per monthly payment. While it may look attractive for the price alone but there’s a disadvantage. It isn’t possible to create a private profile, thus making your actions public. If you do want to gain the benefit of this service, keep an eye on us as we present to you Profit.ly’s new plan.
The Trader Plan
The Trader plan allows you to use many of the features of the Novice plan. This plan allows that you are able to create an individual profile that allows you to share with other associate users all the insights and intel in trader’s community.
The price is $49.95/month, Profit.ly’s Trader plan will do what the name implies catering for those looking to develop their expertise in trading. While it’s nice, there is one significant aspect that’s not included. Unlike the previous Novice package, you will not be able to view the statistics of other traders, which might be a drawback for those who are eager to try this new tier. Timothy Sykes Free Membership
Pro Plan
The Pro plan is the highest premium package that Profit.ly can offer to experienced traders. It costs $74.95 each month and an additional 22% discount for annual billing the Pro plan has everything. It gives you full, unlimited access to all features from the two previous plans.
Not only do you get to see other users’ stats as well, you’re also offered the chance to create an individual profile. These two features are plus the other advantages that you can utilize to the fullest potential. If you’re in search of an option that gives all the features you need to be a skilled trader, maybe the Pro level is for you!
Profit.ly’s Other Services
In addition to the tools for training and leadersboards Profit.ly offers a number of more services it has to offer. One of those is its online store, where customers can pick from a range of videos created to provide guidance on the ins and outs of trading. Each of the offerings listed in this section of the website can be immediately purchased for personal use. These include best-selling products such as”Trading Tickers, “Trading Tickers” series by trading expert Tim Grittani, Timothy Sykes’s collection of DVDs and streaming-only content about short stocking, penny stocking, and other things trading-related, clips and scenes of events like the Annual Pennystocking Conference, and items from other experts in trading.
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Chat rooms integrated into Profit.ly are included in Profit.ly’s range of services and features. You’re probably familiar with the chat room as you will see it on social and messaging platforms as well as some specialty websites that provide live chat support. But on Profit.ly it’s seen as a hands-on space where experts and their member traders can communicate and share knowledge in real-time. Each guru has their style in running their chat rooms and dealing with the listed members. One might be a laid-back person who is not very often engaged, while another could be more interactive and online to their pupils. Think of chat rooms as Profit.ly’s version of the forum, in essence.
Who is the ideal Trader for Profit.ly?
Profit.ly’s wide range of products and features caters to the wide range of stock traders, ranging from novices to experienced professionals. With the variety of deals it can provide it is certain to have something for all.
Newbies, for instance, will appreciate Profit.ly’s knowledge-based materials available across the platform. They will also get daily videos and chat room advice by its internal gurus and members. Additionally, they can pick from the merchandise available from its online store to carry with them wherever they may go. You can also get hands-on experience trading on the platform, however, they will soon learn that the process is a risky game that shouldn’t be treated as an amusing pastime.
For traders who have decades of experience in the line, we see Profit.ly as equally as suitable for them as it is for those who are just starting. While novice traders may not be as well-equipped with handling trading matters but the experts already know how it works along with the plethora of risks that come with it. It is ideal to utilize Profit.ly’s range of features to their full advantage to enhance their trading skills. As beginners, they are able to study from the gurus and experts and utilize those quick tips and tidbits along the way.
Profit.ly’s “all-in” approach isn’t limited to novices as well as semi-seasoned traders. Experts who have been verified can also participate in the enjoyment! People in the trade industry who are on similar levels to Superman and Tim Sykes can also use the power of Profit.ly’s capabilities to display their skills to others as a way to navigate them through the ever-changing trading process. Timothy Sykes Free Membership
Profit.ly’s Pros and Pros and
The Pros
- Profit.ly’s numerous capabilities as a ‘one-stop’ stock trading platform allows it to provide traders everywhere with a wealth of education tools, communication, and trading tools
- You will be provided with excellent lessons and insights from its inside experts, as well as libraries of educational videos and real-time trading activities
- You’re assured of transparency throughout Profit.ly with accurate analytics as well as other traders ready to call you out whenever something happens
- The platform’s leaderboard feature gives you the opportunity to increase your reputation as a reliable and dependable trader
- Apart from its main capabilities, Profit.ly also gives its users extra options to suit their individual preferences, for instance, posting trades that are not authentic by taking screenshots
- Profit.ly’s variety of subscription levels and guru packages are priced at affordable rates There’s something for every person
The Cons
- Profit.ly’s bountiful stream of products and packages offered might be too much for the majority of its customers
- If traders decide to open any kind of trade, there is a possibility that some of them will profit by picking the most profitable trades to improve their ratings This could be a concern that should not be ignored.
- Profit.ly does not offer refunds because its premium users are expected to instantly benefit from the number of features the platform is able to offer
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The Final Concluding Question is: Is Profit.ly worth it?
If we were able to come up with the answer, it’s an affirmative “yes”. But it is important to realize that this platform shouldn’t be viewed as a get-rich-quick scheme. The platform was not always meant to be designed for this reason. Instead, you need to have an open mind. Timothy Sykes Free Membership
What we do mean by ‘yes’ is that it could be a useful learning tool. Those who may be stuck could be able to find Profit.ly’s variety of resources to be helpful when they try their best to reduce loss and perform better than they did before. It’s not only the struggling traders who will benefit from this platform. It is able to accommodate novices and even experts!
If you really want to become a better trader and want to be taught by your mentors and peers throughout the process, then take a look at Profit.ly. Profit.ly is a fantastic alternative to start.
FAQ Timothy Sykes Free Membership
What are the best ways to use Profit.ly to post your trades?
Profit.ly includes an entry section for trades within the “My Trade category on the dashboard. It lets you record your trades, verifiable or otherwise. You may choose between three options:
- Linking your account to the brokerage of choice and importing transactions directly through there
- Manually entering your trades using specified spaces and information.
- Upload a screenshot of your transactions
How do I know whether the trade is authentic or not?
If you purchase your trade through a reliable brokerage, there’s a high chance that it is verifiable. This is evident by the blue check mark. If you upload it manually or through screenshots, it will automatically be assigned as unverified.
The disadvantage of an unauthentic trade is the risk of getting downvotes from your friends and colleagues. Too many downvotes may cause you to be listed in the Madoff leaderboard, where people can see who’s untruthful in submitting trades.
Does the Profit.ly mobile application still available?
At the time of writing, Profit.ly is still available for download on the Apple App Store and in the Google Play store. The mobile app version is compatible with the majority of working smartphones and tablets.
How many people are currently 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 assist each other to develop and grow in their ability to take advantage of stock market opportunities left and right.
