Stock trading is a high-stakes game. On certain days, you could have the benefit of positive and satisfactory numbers. However, on other days it could be the reverse and it could be very difficult to get back to the point you were at your peak. If you are constantly stuck in the gutter it is important be aware that relying solely on instinct and survival might not be enough.
If you’ve experienced loss from time to time and you’re likely to require solid advice from seasoned and tested trading experts. Also, you’ll need a significant boost from your trading partners from all over the world, which is why we’ve found a platform that can support you in your growth in the industry. This review will take the time to look at Profit.ly, a well-recognized 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 Newsletters
Value: 4.1/5
Quality: 4.1/5
Costs: 4.1/5
Users Experience 4.5/5
Summary
Profit.ly is an online trading platform that allows traders of different levels to be informative and accountable, as well as transparent and to build relationships with each other through its broad range of features and tools like chat rooms, trade verification as well as an extensive library of educational content.
What exactly is Profit.ly?
Profit.ly is a trading website which serves as a learning and education platform for traders new to trading as well as a place for experienced traders to track their performance through the use of cutting-edge analytics tools. Providing users with a wide variety of tools for communication and trade and letting traders from every field of business connect with each other. It gives the gurus worthy investments within the boundaries of this platform. Consider it the social media equivalent to Facebook and Reddit, but for experts and traders.
Profit.ly independently verifies trade performances and then publishes the information of them in the manner of leaderboards. The trading platform is built on transparency and honesty: it guarantees that the trades are valid and won’t accept fake news as long as is humanly possible. It was established many years ago by penny expert in stock trading and investment guru Timothy Sykes, along with fellow expert Michael Mosseri.
One time during his appearance in Forbes magazine, Sykes declared that Profit.ly was based “on the transparency of the entire spectrum of trades, something which has never been prior to.” The concept, he added, served two goals: 1.) making public records for everyone, not just the experts, but also the newsletter writers and students and secondly) allowing anyone on the platform to be enlightened by both losses and wins to the benefit of the trading industry. Timothy Sykes Free Newsletters
How Does It How Does It
Profit.ly is a subscription-based platform which allows stock traders to benefit from a variety of features and services aimed towards achieving achievement. You may set up an account there for free, but you’re only limited to having the capability to browse the leaderboard and observe the activities of people who aren’t gurus. If you’re interested in investing your money to see which stocks the gurus are trading in real-time You’ll need to sign up to one of Profit.ly’s deals that we’ll go over shortly.
Making an account easy: create a profile with your experiences and knowledge, then connect to your brokerage account, and you’ll be given a chance to shoot your way to the top of the leaderboard. Profit.ly’s Leaderboard function, which was previously mentioned it is designed to provide its users a look at the performance of the trading community as well as its experts. It’s not only a chance to demonstrate that you’re worthy to the community of traders, but you can also use Profit.ly to buy from a guru with the assurance that you’re confident in their skills and the credibility of their claims.
If you’re not comfortable with the idea of divulging information about your account with a brokerage, you may opt to post your trades, either verified or not, via pictures. In Profit.ly is the huge selection of trading courses as well as the ability to look at statistics on a person’s profile as well as other ways to interact with your experts via chatrooms as well as 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 shares that trade for under $5 for each share. Penny stock trading could be viewed as an avenue for small-scale businesses to make the transition to a market that is larger as it gives them access to capital from the general public. But don’t make the mistake of thinking that it’s also an extremely risky activity, as Sykes is sure to reveal because of his decades of expertise.
Since his initial beginnings at the end of his time in the high schools, Tim Sykes has, since then, earned an estimated $6 million profits during his long and successful career as trading professional. When he was 25 years old Sykes was given more exposure and a wider reach of influence when he was a part of the reality series “Wall Street Warriors.” Then, he used the opportunity to establish trading rooms and penny stock themes as well as educational content targeted at those who are new to trading. He also helped establish Profit.ly as a platform for openness, and to allow the community to rise and compete with each other on the platform.
The Profit.ly Gurus
One of Profit.ly’s sweet inclusions is the wide range of educational sources, trade alerts and other useful stuff offered by the platform’s in-house gurus. These gurus refer to experts in the field of trading who have proven to make significant amounts of profit from their collective years of experience. Timothy Sykes Free Newsletters
At its peak, Profit.ly had housed up to five gurus, each of them a pro within their particular field in the field of trading. Some of the most famous gurus included Connor Bruggermann, Nathan Michaud of Investors Underground, and Triforce among others. At the time of writing however, 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. When we take that into account we’ll take a look at what packaged deals each guru offers.
From Tim Sykes Tim Sykes: Tim’s Alerts
Sykes offers an essential stock trading service which focuses on penny stock day trading through Tim’s Alerts. The cost is $74.95 monthly, you will observe him focus on basic stock catalysts and employ them to forecast the next possible moves in trading.
A purchase on its own from Tim’s Alerts will get you access to the chatroom and the mobile app that’s available on iOS and Android devices, email, text and push alerts; as well as a daily watchlist of stocks.
Tim Sykes: From Tim Sykes: The Pennystocking Silver Package
Pennystocking Silver is the most premium version that has been upgraded of the Tim’s Alerts program. At $149.95 for a month this is the perfect plan for those who are more committed to investing in penny stocks. Pennystocking Silver offers all the essential features that were included in earlier plans such as swing trading alerts as well as unlimited access to a collection of more than 7,000 educational videos, with new ones released each week.
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In “Superman” Paul Scolardi: Superman Alerts
Scolardi who goes under the alias “Superman,” is a trader who has an eye for both tiny-cap massive stocks as well as wildly accurate marketing forecasts. Since when he first started trading, Superman has amassed over $5.5 million in total trading earnings. Timothy Sykes Free Newsletters
The Superman Alerts plan is an offering of essential features and trading alerts geared toward those who may 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 app, the daily market updates in real-time, as well as SMS and e-mail alerts.
The film “Superman” Paul Scolardi: Superman Pro
For the price of $247, you receive additional features and access to an extensive base of knowledge of information provided by Superman himself through his Superman Pro package. Alongside the standard features featured in the Alerts package, Superman Pro gives you weekly video lessonsthat include an ever-growing library of the previous ones. On top of that, you’ll also get access to premium research reports as well as the IPO as well as earnings tracking tool.
Profit.ly Plans and Costs
If you’re looking to join the world of online trading and make a mark on 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 of different levels. Let’s look at what the three levels are and what they will cost you.
Novice Plan
The Novice package is Profit.ly’s basic plan that is designed specifically for those who are new to the world of trading. When you sign up for this package, you will be immediately provided with a variety of powerful and essential trading tools, all one of them essential in keeping your fingers on what can describe as a cutthroat process in and of itself.
The list of features you can do using Profit.ly’s Novice package include the capability to check the results of your trades and track profit as well as leading, following, and even messaging your fellow traders, as well as giving feedback on the trades of today. You’re also allowed to get onto leaderboards; study the results of your analysis, sort, or filter the trades you make; and, lastly, view other people’s statistics.
The Novice plan costs $29.95 per monthly payment. Although it looks attractive simply because of the price, there is a downside. You aren’t able to create a personal profile, thus making your actions public. If you’re interested in get access to this feature, keep an eye on us as we present to you Profit.ly’s next strategy.
Trader Plan
The Trader package lets users to benefit from the majority of features available in The Novice package. In this plan, that you can create an individual profile that allows you to share with fellow associate users all your knowledge and information you have gained from trader’s community.
Priced at $49.95/month, Profit.ly’s Trader plan will do what the name implies catering people who want to improve their trading skills. While it’s nice however, there’s a crucial element that’s missing. Unlike the previous Novice package, you won’t be able to view other traders’ statistics, which might be a drawback for some who may be anticipating this level. Timothy Sykes Free Newsletters
Pro Plan
The Pro plan is the highest premium package that Profit.ly offers to experienced traders. At $74.95 each month with a 22% discount for billing annually This plan offers it all. You will have full, unrestricted access to all features of the previous plans combined.
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 plus the other advantages you’ll be able to use to the fullest potential. If you’re in search of a plan that can serve you with everything you require as an experienced trader, the Pro level is ideal for you!
Profit.ly’s Other Services
Apart from the trainer tools and leadersboards Profit.ly offers a number of other services they offer. One of those is its online store, where customers can choose from a wide array of videos created to provide guidance on the ins and outs of trading. The products listed in this section of the website can be immediately purchased for personal use. Some of these include bestsellers like the “Trading Tickers” series from trading professional Tim Grittani, Timothy Sykes’s collection of DVDs and streaming-only content related to penny stocking, short stocking, as well as all aspects of trading. There are also clips and clips taken from 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 features and services. You’re probably familiar with the chat room since you will see it on social and messaging platforms as well as some specialty websites that offer live chat assistance. However, in Profit.ly, it is seen as a real-time place where gurus and their members can interact and learn in real time. Every guru has their own style in running their chat rooms and in dealing with the members there. One of them may be laid back and not very often engaged, while another could be more active and in touch with their students. Consider chatrooms as Profit.ly’s version of the forum, in its essence.
Who is the ideal Trader for Profit.ly?
Profit.ly’s wide range of products and features are geared towards a large variety of stock traders, ranging from beginners to experienced pros. Given the wide range of options it offers this platform definitely has something for every person.
Newbies, for instance, can take advantage of Profit.ly’s knowledge-based information available on the platform. In addition, they will be provided with videos every week and chat room advice by its internal gurus and members. Additionally, they can select from the products in its online store for them to take wherever they may travel. You can also get hands-on experiences by trading through the platform, but eventually they’ll realize that this is a risky game that should not be viewed as an amusing pastime.
For those traders who have had years of exposure down the line, we see Profit.ly equally suited to them as those who are just starting. Although the novices might not be as well-equipped with dealing with trading issues but the experts already know how it works and the plethora of risks that it carries. In the ideal scenario, they can make use of Profit.ly’s variety of features to their best advantage to improve their trading abilities. As beginners, they are able to learn from the top experts and experts and utilize those simple tips and hints throughout the process.
Profit.ly’s “all-inclusive” nature does not only apply to beginners as well as semi-seasoned traders. Experts who have been verified can also participate in the enjoyment! Trade professionals who are on the same level as Superman and Tim Sykes can also use Profit.ly’s capabilities. Profit.ly’s capabilities to showcase their skill to others in order to assist them in the ever-changing trading process. Timothy Sykes Free Newsletters
Profit.ly’s Pros and Cons
The Pros
- Profit.ly’s many capabilities as a “one-stop” stock trading platform allows traders across the globe with a wealth of education tools, communication, and trading tools
- You will be provided with excellent lessons and tips from the inside experts, as well as libraries of educational videos and live trading activity.
- You’re guaranteed transparency throughout Profit.ly with accurate analytics as well as fellow traders ready to call you when something goes wrong.
- The platform’s leaderboard feature gives you the opportunity to increase your reputation as a reliable and dependable trader
- In addition to its primary features, Profit.ly also gives its customers additional options to meet their individual preferences, for instance, posting trades that are not authentic by taking images
- Profit.ly’s diverse range of subscription plans and guru packages are priced at reasonable prices There is truly something for every person
The Cons
- Profit.ly’s numerous packages and services offered could seem overwhelming for most of its customers
- As traders may opt to make any type of trade, there’s an opportunity that some them could profit from selecting the best trades in order to improve their ratings this could be a risk that shouldn’t be ignored.
- Profit.ly does not accept refunds as its premium users are expected to instantly take advantage of the numerous services the platform has to offer
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The Final Verdict is: Is Profit.ly Valued?
If we could come up with an appropriate answer for this query, it would be a ‘yes’. However, you must realize that this platform shouldn’t be viewed as a scheme to get rich quick. It wasn’t designed to be used in this way. Instead, you should have an open mind. Timothy Sykes Free Newsletters
What we are referring to by ‘yes’ is that it is a fantastic learning tool. People who are stuck could discover Profit.ly’s array of resources to be helpful in their efforts to avoid loss and perform better than before. It’s not only the struggling traders that will benefit from the platform. It is able to accommodate novices and even experts!
If you truly want to become better at trading and wish to learn from your peers and experts on the way, you should look no further than Profit.ly. Profit.ly could be a good choice to start.
FAQ Timothy Sykes Free Newsletters
How do you use Profit.ly to publish your trades?
Profit.ly has a trade entry portion under the ‘My Trade section of the dashboard which lets you record your trades, either verified or otherwise. There are three choices:
- Connecting your account to your brokerage of choice and importing transactions directly through there
- Manually entering your trades using the spaces provided and details
- Take a photo of your transactions
What can I do to determine whether the trade can be verified or not?
If you buy your trade from a reputable brokerage, there’s an excellent chance that it is verifiable. This is shown by the small blue check. If you post it in a manual way or by taking screenshots, it will automatically be classified as unverified.
The drawback of posting an unverified trade is the risk of receiving negative feedback from friends and colleagues. Too many downvotes may result in you appearing in the Madoff leaderboard, where users are able to identify who is untruthful in submitting trades.
Are 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 most working smartphones and tablets.
How many people are currently on Profit.ly?
Profit.ly currently houses more than 150,000 investors and traders, because they are not just looking to earn maximum profits but also to help one another develop and grow in their ability to take advantage of stock market opportunities both right and left.
