The stock market can be an exciting game with high stakes. On some days, you could have the benefit of positive and satisfying numbers. On other days, however you may experience the opposite and it could be very difficult to return to where you were at your peak. If you are immersed in the water, you will have be aware that relying solely on pure instinct and preservation might not be enough.
If you’ve experienced occasional losses and you’re likely to require reliable advice from tested and tried trading experts. Additionally, you’ll require an enormous boost from your colleagues in the market from all over the world, which is why we’ve discovered a platform that can support you in your growth in the industry. In this review, we’ll take the time to look at Profit.ly is a well-known 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.
Overall Rating: 4.1/5 Timothy Sykes Free Videos
Value: 4.1/5
Quality: 4.1/5
Costs: 4.1/5
User Experience: 4.5/5
Summary
Profit.ly offers an internet-based trading service that permits traders of all levels to be informed responsible, transparent, and uplifting with each other through its broad variety of tools and features like trade verification, chat rooms, and an enriched library of educational material.
What is Profit.ly?
Profit.ly is a site for trading that functions as a learning and education platform for people new to trading and as a hub for traders with experience to keep track of their performance using the aid of advanced analytics tools. Providing users with a wide variety of tools for communication and trade, it helps traders from every field of business connect with one another. It also allows gurus to make worthwhile investments within the confines of this platform. Think of it as the social media equivalent the likes of Facebook and Reddit but with a focus on professionals and traders.
Profit.ly independently validates trade performance and publishes all data of them in the manner of leaderboards. The platform’s trading model is based on trust and transparency. it ensures that the trades are authentic and won’t accept fake news as long as possible. It was established years ago by the penny expert in stock trading and investment expert Timothy Sykes, along with the other expert Michael Mosseri.
One time , during an interview with Forbes magazine Sykes declared that Profit.ly was motivated by its focus “on showing the entire spectrum of trades, something which was never prior to.” This idea was, he said, serving two purposes: 1) making public records for not just the gurus and newsletter writers and students, and 2) making it possible for anyone on the platform to gain insight into the losses and wins for the trading industry’s benefit. Timothy Sykes Free Videos
How Does It Work?
Profit.ly is a subscription-based platform that lets stock traders gain access to a multitude of tools and services that are geared toward success. It is possible to create an account for free, but you’re limited to access to the leaderboards and monitor the activities of people who aren’t gurus. If you’re interested in investing your money and see what stocks the experts are trading in real time You’ll need to join one of Profit.ly’s offers, which we will discuss in the near future.
The process of opening an account is simple: Create an account that includes your personal information and expertise, connect to your brokerage account and you’ll have a chance to shoot your way to high on the leaderboard. Profit.ly’s leaders’ board feature as we’ve mentioned earlier it is designed to provide its users a glimpse of their performance as a trading group as well as its gurus. It’s not just a way to show your worth to a large group of traders, as you can also use Profit.ly to shop from a guru with the confidence that you are confident of their knowledge and the veracity of their claims.
If you feel uneasy with the idea of sharing information about your account with a brokerage, then you could choose to publish your trades, either verified or not, via pictures. Included in Profit.ly are a variety of trading courses and the capability to see the stats of a trader’s account and other methods to interact with your experts via chatrooms in addition to 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 has been famously known for his involvement in the penny-stock market. According to Investopedia the term “penny stock” refers to a small company’s shares that trade for less than $5 per share. The trading of penny stocks could be viewed as a stepping stone for small businesses to transition to a large marketplace as it allows them to access capital from the public. But don’t make the mistake of thinking that it can also be a high-risk game, which Sykes is sure to reveal through his many years of experience.
Beginning in the latter years of High School, Tim Sykes has, since then, made more than $6 million in profits throughout his illustrious career as a trader. At 25 years old Sykes was given greater exposure and a larger influence over time when he was a part of the reality show “Wall Street Warriors.” He then took advantage of it to establish trading rooms as well as penny stock themes and educational material aimed at those who are just beginning to learn about trading. He also helped to establish 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 sweet inclusions is the variety of learning tools, trade alerts and other helpful stuff provided by the company’s internal gurus. The gurus in question refer to experts in the field of trading who have made significant amounts of profit through their years of knowledge. Timothy Sykes Free Videos
At its peak, Profit.ly had housed up to five gurus, each of them a professional in their niche in the trading industry. Some of the prominent gurus 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 what packaged deals each guru has to offer.
From Tim Sykes: Tim’s Alerts
Sykes provides a basic stock trading service which focuses on penny stock day trading through Tim’s Alerts. At $74.95 per month, you’ll be able to see him concentrate on the fundamental stock catalysts and use them to predict the next moves that could occur when trading.
A standalone purchase in Tim’s Alerts will get you access to the chatroom and the mobile app available for iOS and Android devices, as well as text, e-mail 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. At $149.95 per month, this is a great option for those who are more committed to penny stock trading. Pennystocking Silver offers all the essential features of prior plans, such as swing trading alerts as well as unlimited access to a collection of more than 7,000 educational videos that are updated weekly.
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The following video is from “Superman” Paul Scolardi: Superman Alerts
Scolardi who is known under the name “Superman,” is a swing trading professional with an eye for small-cap monumental stocks and crazy-accurate marketing forecasts. Since when he first started trading, Superman has amassed over $5.5 million in total trading earnings. Timothy Sykes Free Videos
The Superman Alerts package is his offer of the most essential features and trading alerts geared toward those who may be interested. For $147 per month, you’ll gain an access to the day-to-day premarket stock watchlist as well as the mobile app, the daily market commentary in real-time, as well as email and SMS 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 via his Superman Pro package. On top of the essentials included in the Alerts plan, Superman Pro gives you weekly video lessons, including an ever-growing library of other previous ones. In addition, you’ll also get an access to high-quality research papers and the 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 help you going. Profit.ly offers three membership tiers that cater to traders of different levels. Let’s take a look at what these three tiers are and how much they’ll cost you.
Novice Plan
This package for novices 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 plan, 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 call a competitive procedure in its own.
Among the list of things you can accomplish with Profit.ly’s Novice program is the ability to confirm the results of your trades and track profit as well as leading, following and even chatting with other traders; and leaving feedback on today’s trades. You can also get onto leaderboards; study your trades, sort as well as filter trades and, finally, see the statistics of other traders.
The Novice plan will cost $29.95 per month. Although it might look appealing for the price alone, there is a downside. You can’t create a private profile, which makes your personal information public. If you’re interested in get the benefit of this service, keep an eye on us as we present to you Profit.ly’s next strategy.
Trader Plan
The Trader plan allows you to take advantage of a majority of features from the novice plan. It is in this plan that you are able to create a private profile to share with other associates all your insights and knowledge you gain from the trading community.
Costing $49.95/month, Profit.ly’s Trader plan does what the name suggests caters people who want to develop their skills in trading. As nice as it seems however, there’s a crucial aspect that’s not included. In contrast to the Novice package, you will not be able to view other traders’ stats this might be a drawback for those who are anticipating this level. Timothy Sykes Free Videos
Pro Plan
This is by far the highest luxurious package Profit.ly could offer for seasoned traders. With $74.95 per month, with a 22% discount when billed annually This plan offers it all. It gives you full, unlimited access to all the options of the previous plans.
You’re not only able to look at other people’s statistics, but you’re also given the chance to create an individual profile. These two features are in addition to the advantages that you can utilize to their fullest capacity. If you’re looking for 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 tools for training and leadersboards Profit.ly has a few more services it has to offer. One of them is the online store, which lets users select from a variety of videos designed to inform and guide you through the nuances and pitfalls of trading. All of the products featured in this section of the website can be immediately purchased for personal use. Some of these include bestsellers like”Trading Tickers,” the “Trading Tickers” series from trading expert Tim Grittani, Timothy Sykes’s collection of DVDs and streaming-only content about penny stocking, short stocking, and all other things trading-related, clips and footage from The Annual Pennystocking Conference, and products from other expert traders.
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The chat rooms that are integrated are included in Profit.ly’s range of features and services. You are probably familiar with the concept of the chat room as you can see it across messaging and social platforms, and also on a few specialty websites that offer live chat assistance. But on Profit.ly it’s seen as a real-time space where experts and their member traders can communicate and exchange knowledge in real-time. Every guru has their own way in operating their chat room and dealing with the members. One might be laid back and not very often active, while another might be more interactive and online with their students. Think of the chat rooms like Profit.ly’s version of a forum, in the essence.
Who is the ideal trader to Profit.ly?
Profit.ly’s variety of offerings and features cater to a large variety of stock traders, ranging from novices to experienced professionals. With the variety of deals it offers it is certain to have something for everyone.
Newbies, for instance, will enjoy Profit.ly’s library of learning content offered throughout the platform. Not only will they be provided with videos every week and chat room advice by its internal gurus as well as their 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 experiences from trading within the platform, but eventually, they will soon learn that trading is a high-stakes game that should not be viewed as an amusing pastime.
For traders who have years of exposure down the road, we consider Profit.ly equally suitable for them as it is for people who are just beginning. While the newbies may not be as well-equipped with managing trading however, experienced traders know how it works along with the plethora of risks that it carries. In the ideal scenario, they can make use of Profit.ly’s array of features to their best advantage to enhance their trading abilities. As beginners, they are able to study from the gurus and experts , and use those simple tips and hints to help them along.
Profit.ly’s “all-inclusive” nature does not only apply to beginners and semi-experienced traders. Certified experts can also take part in the excitement! Those in the trading industry who are at an equal level with Superman as well as Tim Sykes can also use Profit.ly’s capabilities. Profit.ly’s capabilities to showcase their skills to others in order to guide them through the ever-illustrious trading process. Timothy Sykes Free Videos
Profit.ly’s Pros and Cons
The Pros
- Profit.ly’s diverse capabilities as a “one-stop” stock trading platform allows it to provide traders everywhere with an abundance of knowledge communications, trading, and communication tools
- You will receive excellent training and advice from the company’s internal experts, which include libraries of educational videos and live trading activity.
- You can be sure of complete transparency through Profit.ly by using accurate data as well as other traders ready to call you when something goes wrong.
- The leaderboard feature of the platform offers you the chance to establish your reputation as a reliable and verifiable trader
- In addition to its primary abilities, Profit.ly also gives its users extra options to suit their needs, like posting unauthentic trades via screenshots
- Profit.ly’s variety of subscription levels and guru packages are priced at affordable rates – there truly is something for everyone
The Cons
- Profit.ly’s abundance of packages and services offered could be too much for the majority of its customers
- Since traders can choose to make any type of trade, there’s the possibility that some of them will profit by selecting the best trades in order to boost their rating – this may be a risk that shouldn’t be ignored.
- Profit.ly does not offer refunds because the premium customers are expected to instantly take advantage of the numerous services the platform has to provide
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The Final Verdict is: Is Profit.ly Valued?
If we were able to come up with an appropriate answer for this query, it’s yes. However, you must realize that this platform shouldn’t be viewed as a scheme to get rich quick. The platform wasn’t originally designed to be used in this way. Instead, it is best to keep the ability to think with an open heart. Timothy Sykes Free Videos
What we mean”yes” is it can be a great learning tool. For those who are struggling, they may discover Profit.ly’s range of resources to be helpful when they try their best to avoid losses and be more successful than they did before. It’s not only the struggling traders that will profit from the platform. It can accommodate beginners and even experts!
So, if you genuinely desire to be more successful in trading and would like to learn from your peers and experts along the way, then take a look at Profit.ly. Profit.ly is a fantastic choice to start.
FAQ Timothy Sykes Free Videos
How do you use Profit.ly to post your trades?
Profit.ly includes an entry section for trades in the My Trade’ category of the dashboard which lets you post your trades that are verified or otherwise. You may choose between three choices:
- Linking your account to the brokerage of choice and importing trades directly from there
- Manually entering your trades into the spaces provided and details
- Send a screen shot of your transactions
What can I do to determine whether the trade can be verified or not?
If you buy your trade through a reliable brokerage, there’s the likelihood that it can be verified. This is evident by the small blue check. If you submit the information manually or via images, it will be classified as unverified.
The drawback of posting an unverified trade is the possibility of getting downvotes from your colleagues. Too many downvotes may cause you to be listed at the top of the Madoff leaderboard, which is where the public can see who’s fraudulent in posting trades.
Does the Profit.ly mobile app still available?
At the time of writing, Profit.ly is still available to download via the App Store for Apple and on the Google Play store. The mobile app version is compatible with most operating tablets and smartphones.
How many people are connected to Profit.ly?
Profit.ly currently houses over 150,000 traders and investors, since they’re not just looking to earn maximum profits but also help each other learn and improve in acquiring opportunities in the stock market all over the world.
