Stock trading is a high-stakes game. On certain days, you might be reaping the benefits of positive and satisfying numbers. On other days, however it could be the reverse and it could be very difficult to get back to the point you were at your most productive. If you are constantly stuck in the gutter You will need be aware that relying solely on your instincts and preserving may not always be enough.
If you’ve experienced loss from time to time, you’re gonna be needing reliable advice from tested and tried trading experts. You’re also gonna need an important boost from colleagues in the market from all over the globe, which is why we’ve identified a platform that can support you to improve your performance in the industry. In this review, 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 Gaurantee 30,000
User Experience: 4.5/5
Profit.ly can be described as an online platform for trading that allows traders of various levels to be knowledgeable and accountable, as well as transparent and encouraging each other by offering a wide variety of tools and features like trade verification, chat rooms, and an enriched library of educational content.
What exactly is Profit.ly?
Profit.ly is a site for trading that serves both as a learning and training platform for those who are starting out as well as a place for experienced traders to track their performance using the aid of cutting-edge analytics tools. Offering users a broad array of options for communication and trade and letting traders from all walks of life connect with one another. It gives the gurus worthwhile investments within the confines of the platform. Think of it as a social media site akin the likes of Facebook and Reddit however it is geared towards traders and experts.
Profit.ly independently validates trade performance and posts all the data from them in the style of leaderboards. The platform for trading is built on trust and transparency. it makes sure that trades are authentic and won’t accept fake news as long as it is possible. It was established years ago by the penny stock trade expert and investment expert Timothy Sykes, along with the other expert Michael Mosseri.
One time , during an interview for Forbes magazine Sykes declared that Profit.ly was driven by its focus “on showing the entire spectrum of trades, something which was never prior to.” This idea was, he said, serving two goals: 1.) creating public track records for not just the gurus as well as students and newsletter writers and secondly) allowing everyone on the platform to gain insight into both the wins and losses for the trading industry’s benefit. Timothy Sykes Gaurantee 30,000
How Does It Work?
Profit.ly is a subscription-based platform which allows stock traders to gain access to a multitude of features and services aimed towards achieving success. You may set up an account at no cost, however you’re only limited to having access to the leaderboard and observe 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 it is necessary to sign up to one of Profit.ly’s deals that we’ll review in the coming days.
Setting up an account is easy: create an account that includes your personal information and skills, join your brokerage account, and you’ll be given the chance to climb your way to at the very top of the list. Profit.ly’s leaderboard feature, as we’ve mentioned earlier it is designed to provide its users a glimpse of their performance as a trading group and its gurus. You’re not just allowed to demonstrate value to a community of traders. 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 veracity of their claims.
If you feel uneasy with the idea of divulging your brokerage account, you can decide to share your trades, verified or otherwise, through photographs. Included in Profit.ly is the huge selection of trading classes and the capability to see the stats of a trader’s account, and more ways to interact with your experts through the chatroom along with email and text alerts as well as updates.
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Meet Tim Sykes, the founder: Tim Sykes
Timothy Sykes is a well-renowned day trading personality who is well-known for delving his hands into trades in penny stocks. According to Investopedia the term “penny stock” is a small business’s stock which trades at just less than 5 cents per share. The penny stock market is an avenue for small businesses to transition to a large marketplace as they can access money from the public. But don’t be mistaken – it’s also an extremely risky activity, as Sykes can surely tell thanks to his years of expertise.
Since his initial beginnings at the end of his time in the high schools, Tim Sykes has, since then, made over $6 million of profit through his lengthy career as trader. When he was 25 years old, he had been given more exposure and a wider reach of influence when he was a part of the reality TV show “Wall Street Warriors.” Then, he made use of the show to develop trading rooms, penny stock themes, and educational material aimed at people who are brand new to the trading field. He also played a role in establishing Profit.ly as a place of transparency and for the community to uplift and compete against each other on the platform.
The Profit.ly Gurus
One of Profit.ly’s most appealing features is the vast array of learning sources, trade alerts and other helpful stuff provided by the in-house experts of the platform. These gurus refer to the experts in trading who have proven to make substantial profits through their years of expertise. Timothy Sykes Gaurantee 30,000
At its peak, Profit.ly had housed up to five gurus. Each of them an expert in their field of expertise 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, there are only two gurus who remain on the platform: Founder as well as 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 the packages each guru can offer.
From Tim Sykes: Tim’s Alerts
Sykes provides a basic stock trading service that focuses on penny-priced day trading with Tim’s Alerts. The cost is $74.95 per month, you’ll see him focus on the basic stock catalysts and employ them to anticipate the next moves that could occur when trading.
A single purchase from Tim’s Alerts will get you access to the chatroom and the mobile app available on iOS as well as Android devices; 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 premium version, with an upgraded version of Tim’s Alerts package. At $149.95 per month, this is the perfect plan for those who are committed to the penny-stock market. Pennystocking Silver comes with all the standard features of the previous plan, such as swing trading alerts as well as unlimited access to an extensive library of over 7,000 educational videos that are updated each week.
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From “Superman” Paul Scolardi: Superman Alerts
Scolardi, who goes by the alias “Superman,” is a swing trading professional with an eye for massive stocks of the small-cap size and insanely accurate marketing forecasts. In the time since the time he started trading, Superman has amassed over $5.5 million in all-time trading earnings. Timothy Sykes Gaurantee 30,000
The Superman Alerts plan is his offering of essential features and alerts on trading geared toward those who may be interested. For $147/month, you’ll get access to the daily premarket stock watchlist as well as the mobile application, daily market commentary in real-time, as well as SMS and e-mail alerts.
The film “Superman” Paul Scolardi: Superman Pro
For $247 per month, you can enjoy additional features and access to the extensive knowledge base that is provided by Superman himself through Superman Pro. Superman Pro package. On top of the essentials that are included in the Alerts package, Superman Pro gives you daily video lessons, which include the growing collection of the previous ones. Additionally you’ll also have the ability to access premium reports on research as well as an IPO and earnings tracker.
Profit.ly plans and costs
If you’re looking to join the online trading community and leave a mark in the field, Profit.ly has the right amount of resources to get you started. The platform has three membership levels that are designed to accommodate traders at different levels. Let’s take a look at what these three tiers are and how much they’ll cost you.
The Novice package is Profit.ly’s beginning-of-the-line plan specifically for those who are new to the trading community. When you sign up for this plan you’ll be given a slew of robust and vital trading tools, all one of them essential in keeping your fingers on what we can describe as a cutthroat process by itself.
Some of the features you can accomplish using Profit.ly’s Novice package include the ability to confirm trades and track profits; leading, following, and even messaging other traders; and providing feedback on trades today. You can also get onto leaderboards; study your trades, sort or filter the trades you make; and, finally, see other’s stats.
The Novice plan will cost $29.95 per month. Although it might look appealing for the price alone but there’s a disadvantage. You can’t create a private account, making your activities publicly available. If you do want to have the benefit of this service, you should be watching for us to introduce to you Profit.ly’s next plan.
The Trader package 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 an individual profile that allows you to share with other associate users all the insights and intel in trader’s community.
Costing $49.95/month, Profit.ly’s Trader plan does what the name suggests catering people who want to develop their expertise in trading. While it’s nice however, there’s a crucial aspect that’s not included. As opposed to the prior Novice package, you will not be able to view other traders’ statistics this could be a problem for those looking forward to this tier. Timothy Sykes Gaurantee 30,000
The Professional plan can be described as the most premium package that Profit.ly offers to experienced traders. At $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 prior plans.
You’re not only able to view other people’s stats as well, you’re also offered the option of creating an individual profile. Both of these features, on top of all the advantages that you can utilize to the maximum extent. If you’re looking for an account that will give you everything you need as trader with experience, the Pro level is ideal for you!
Profit.ly’s Other Services
Apart from the training tools and the leadersboards Profit.ly provides a variety of additional services that it can provide. One of these is its online store, where customers can pick from a range of videos designed to inform and guide you through the ins and outs of trading. All of the products featured on this page of the website can be immediately purchased for personal use. Among these products include best-sellers such as”Trading Tickers,” the “Trading Tickers” series by trader expert Tim Grittani, Timothy Sykes’s collection of DVDs, streaming-only content about penny stocking, short stocking, and all other aspects of trading. There are also clips and scenes from The Annual Pennystocking Conference, and products from other expert traders.
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The integrated chat rooms 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 can see it across social and messaging platforms in addition to a few special websites that offer live chat support. But on Profit.ly the chat room is viewed as a area where experts and members trade and share knowledge in real-time. Each guru has their style when it comes to running their chat room 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 in their interactions with students. Think of the chatrooms as Profit.ly’s version of a forum, in its essence.
Who is the Ideal Trader for Profit.ly?
Profit.ly’s wide range of products and features cater to a large variety of stock traders, from beginners to experienced pros. With the variety of deals it has to offer it is certain to have something for all.
Newbies, for instance, can take advantage of Profit.ly’s knowledge-based materials available across the platform. Not only will they be enriched with weekly videos and chat room tips from the in-house experts as well as their members. Additionally, they can pick from the merchandise available in its online store to carry with them wherever they be. You can also get hands-on experiences by trading through the platform, but ultimately they’ll be able to realize that this is a risky game that should not be viewed as a joke.
For the traders with years of exposure down the road, we consider Profit.ly equally suited to the newcomers. While the newbies may not be as adept at dealing with trading issues, the pros already understand the way it functions and the risky mix associated with it. Ideally, they may use Profit.ly’s variety of features to their full advantage to develop their skills in trading. Like novices, they can study from the gurus and experts and utilize those quick tips and tidbits to help them along.
Profit.ly’s “all-inclusive” nature isn’t limited to novices or semi-experienced trader. Verified experts can also join 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 display their skill to others in order to assist them in the ever-changing trading process. Timothy Sykes Gaurantee 30,000
Profit.ly’s Pros and Cons
- Profit.ly’s diverse capabilities as a “one-stop’ stock trading platform enable it to provide traders everywhere with an abundance of knowledge communications, trading, and communication tools
- You get to receive excellent training and tips from the in-house gurus, including collections of educational videos as well as real-time trading activities
- You’re assured of transparency throughout Profit.ly with precise analytics and fellow traders that are waiting to reach you out if something occurs.
- The leaderboard feature on the platform gives you the chance to establish your reputation as a reliable and dependable trader
- Apart from its core abilities, Profit.ly also gives its customers additional options to meet their needs, like posting unauthentic trades via screenshots
- Profit.ly’s diverse range of subscription levels and guru packages are priced at affordable rates – there truly is something for everyone
- Profit.ly’s bountiful stream of packages and services offered could not be enough for the majority of its customers
- If traders decide to post any kind of trade, there’s a possibility that some of them could profit from cherry-picking the best trades to boost their rating this could be a concern that should not be overlooked.
- Profit.ly does not accept refunds as its premium users are expected to instantly benefit from the many services that the platform can provide
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The Final Concluding Question: Is Profit.ly worth it?
If we were able to come up with an answer to this question, it would be a ‘yes’. However, you must realize that this platform shouldn’t be viewed as a scheme to get rich quick. The platform wasn’t originally intended to be created to achieve this goal. Instead, you should have an open mind. Timothy Sykes Gaurantee 30,000
What we mean”yes” is it is a fantastic learning tool. People who are stuck might find Profit.ly’s range of resources helpful when they try their best to incur lesser losses and be more successful than before. It’s not only the struggling traders that will benefit from the platform. It is able to accommodate novices and even experts in the field!
If you truly desire to be more successful in trading and would like to learn from your mentors and peers along the way, then look no further – Profit.ly may be a great option to begin.
FAQ Timothy Sykes Gaurantee 30,000
What are the best ways to use Profit.ly to post your trades?
Profit.ly includes an entry section for trades under the My Trade’ category of the dashboard. It lets you post your trades, either verified or otherwise. There are three options:
- Linking your account with your brokerage of choice and importing the trades from that directly
- Manually entering your trades into specified spaces and information.
- Upload a screenshot of your transactions
How do I know whether the trade is authentic or not?
If you import your trade from a trusted brokerage, there’s the chance that it is verifiable. This is indicated with the small blue check. If you post it in a manual way or by taking screenshots, it will automatically be assigned as unverified.
The disadvantage of an unauthenticated trade is the chance of receiving negative feedback from fellow peers. A large number of downvotes could cause you to show up on the Madoff leaderboard, where people can detect who’s being untruthful in submitting trades.
Is the Profit.ly mobile app still in use?
As of this writing, Profit.ly is still available for download on the App Store for Apple and on 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 over 150,000 investors and traders, as they not only are looking to earn maximum profits but also help each other learn and improve in acquiring opportunities on the stock market both right and left.