Stock trading is an exciting game with high stakes. On certain days, you might be reaping the benefits of pleasing and positive numbers. On other days, however you may experience the opposite and it could be extremely difficult to return to where you were your most productive. If you find yourself immersed in the water You will need to realize that relying on instinct and survival is not always enough.
If you’ve suffered losses from time to time and you’re likely to require reliable advice from tested and tried trading experts. You’re also gonna need a significant boost from your trading partners from all over the globe. That’s why we’ve identified a platform that can support you in your growth within the field. This review will take an in-depth 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 High Net Worth Broker $30,000 Minimum
Value: 4.1/5
Quality: 4.1/5
Costs: 4.1/5
User Experience: 4.5/5
Summary
Profit.ly is an online trading platform that enables traders of different levels to be informed and accountable, as well as transparent and to build relationships with one another through its wide range of features and tools such as chat rooms, trade verification and a rich library of educational material.
What exactly is Profit.ly?
Profit.ly is a trading site that functions as a learning and education platform for traders who are starting out as well as a place for traders with experience to keep track of their performance using the aid of cutting-edge analytics tools. It provides users with a vast variety of tools for trade and communication and letting traders from all walks of life network with one another. It also allows gurus to make worthwhile investments within the confines that the site. Think of it as a social media site akin like Facebook and Reddit, but for professionals and traders.
Profit.ly independently checks the performance of trades and publishes all data from them in the form of leaderboards. The platform for trading is built on honesty and transparency: it ensures that the trades are valid and won’t allow for fraud as much as it is possible. It was founded many years ago by penny stock trade expert and investment expert Timothy Sykes, along with his colleague Michael Mosseri.
In an interview with Forbes magazine, Sykes stated that Profit.ly was based “on showing the entire spectrum of trades, something which has never been previously done.” This idea was, he said, serving two purposes: 1) keeping track of public data for not just the gurus as well as newsletter authors and students, and 2) allowing anyone on the platform to be enlightened by both the wins and losses for the trading industry’s benefit. Timothy Sykes High Net Worth Broker $30,000 Minimum
How Does It How Does It
Profit.ly follows a subscription-based model which allows stock traders to have access to a range of tools and services that are geared at achieving success. You may set up an account on the site at no cost, however you’re limited to the capability to browse the leaderboards and monitor the activities of people who aren’t gurus. If you’re interested in investing your money and see which stocks the gurus are trading in real time, you will need to subscribe to any of Profit.ly’s deals, which we will review in the coming days.
The process of opening an account is easy: create an account that includes your personal information and skills, join to your brokerage account, and you have yourself the chance to climb your way to high on the leaderboard. Profit.ly’s leaders’ board feature as mentioned previously, is designed to give its users a glimpse of the performance of the trading community as well as its gurus. You’re not just allowed to demonstrate value to a large group of traders. You are also able to use Profit.ly to purchase with a guru, and have the confidence that you are confident of their knowledge and the veracity of their claims.
If you are unsure about the idea of sharing information about your account with a brokerage, you may choose to publish your trades, verified or not, by taking pictures. In Profit.ly are a variety of trading courses, the ability to view statistics on a person’s profile, and more ways to communicate with your gurus via chatrooms as well as email and text alerts as well as updates.
> > Click Here to Check Out Profit.ly < <
Meet the Founder: Tim Sykes
Timothy Sykes is a well-renowned day trading guru who is well-known for delving his hands into the penny-stock market. According to Investopedia Penny stock is a small business’s shares that trade for less than $5 per share. Penny stock trading is an avenue for small companies to move to a large marketplace as it gives them access to capital from the public. But don’t be mistaken – it’s also an extremely risky game, as Sykes will be able to tell you because of his decades of expertise.
Beginning at the end of his time in High School, Tim Sykes has, since then, earned over $6 million of profit throughout his illustrious career as trader. When he was 25 years old Sykes was given greater exposure and an even wider influence over time when he was a part of the reality series “Wall Street Warriors.” He then used the opportunity to develop trading rooms, penny stock themes, and educational content geared toward those who are new to the trading field. He also helped establish Profit.ly as a platform for transparency, 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 vast array of educational tools, trade alerts and other useful stuff offered by the in-house experts of the platform. Gurus are referred to experts in the field of trading who have proven to make substantial profits from their combined years of expertise. Timothy Sykes High Net Worth Broker $30,000 Minimum
At its height, Profit.ly had housed up to five gurus, each of them a pro in their field of expertise in the field of trading. Some of the prominent experts included Connor Bruggermann, Nathan Michaud of Investors Underground, and Triforce among others. At the time of writing however, only two gurus remain on this platform: Founder of the penny stock market Tim Sykes and veteran smallcap swing trader Paul Scolardi, also known as Superman. With that taken into consideration we’ll take a look at the packages each guru has to offer.
From Tim Sykes Tim Sykes
Sykes provides an essential stock trading service which focuses on penny stock day trading through Tim’s Alerts. Costing $74.95 per month, you’ll be able to be able to see him concentrate on the fundamental catalysts for stocks and utilize them to predict the next possible moves in trading.
A standalone purchase of Tim’s Alerts will get you access to the chatroom and the mobile application that is 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 premium, upgraded version of the Tim’s Alerts package. At $149.95 for a month this is the perfect plan for those who are committed to investing in penny stocks. Pennystocking Silver includes all the basic features that were included in prior plans, including swing trading alerts and unlimited access to a rich library of more than 7,000 instructional videos and new videos released weekly.
> > Click Here to Check Out Profit.ly < <
The following video is from “Superman” Paul Scolardi: Superman Alerts
Scolardi who is known under the name “Superman,” is a trader who has an eye for tiny-cap massive stocks as well as wildly accurate marketing forecasts. Since he began as a trader, Superman has amassed over $5.5 million in trading profits. Timothy Sykes High Net Worth Broker $30,000 Minimum
The Superman Alerts package is his package of vital features and trading alerts targeted towards those who might be interested. For $147/month, you’ll get access daily premarket stock watchlist along with the mobile app, the daily market updates in real-time, as well as E-mail and SMS alerts.
The film “Superman” Paul Scolardi: Superman Pro
For the price of $247, you receive additional features, as well as access to the extensive knowledge base provided by Superman himself, via Superman Pro. Superman Pro package. In addition to the basic features included in the Alerts package, Superman Pro gives you daily video lessons, which include an ever-growing library of other previous ones. Additionally, you’ll also get an access to high-quality research papers and an IPO as well as earnings tracking tool.
Profit.ly Plans and Costs
If you’re eager to join the online trading community and make a mark on the market, Profit.ly has the right amount of resources to help you up and running. The platform has three membership tiers that cater to traders of different levels. Let’s take a look at what these three are and how much they will cost you.
Novice Plan
This package for novices is Profit.ly’s basic plan that is designed specifically for people who are brand new to the trading community. Once you have signed to this plan, you will be immediately offered a range of strong and essential trading tools, all of which is essential to keep your fingers on what we can describe as a cutthroat process in and of itself.
Some of the features you can accomplish using Profit.ly’s Novice package is the ability to verify trades and track profits as well as leading, following and even chatting with your fellow traders; and giving feedback on the trades of today. You can also get onto leaderboards; study, sort, as well as filter trades and lastly, look at other’s stats.
The Novice plan will cost $29.95 per monthly payment. Although it might look appealing for the price alone but there’s a disadvantage. You aren’t able to create a personal profile, thus making your actions public. If you’re looking to have the benefit of this service, you should stay tuned as we introduce to you Profit.ly’s next strategy.
Trader Plan
The Trader package allows users to benefit from the majority of features available in The Novice package. It is in this plan that you can set up an individual profile that allows you to share with other associate users all the insights and knowledge you gain from trader’s community.
Priced at $49.95/month, Profit.ly’s Trader plan is exactly what it says caters people who want to improve their expertise in trading. While it’s nice, there is one significant feature that is missing. In contrast to the Novice package, this one won’t be able to view other traders’ stats that might be a drawback for those who are eager to try this new tier. Timothy Sykes High Net Worth Broker $30,000 Minimum
Pro Plan
The Professional plan can be described as the most expensive plan Profit.ly can offer to experienced traders. It costs $74.95 monthly, with a 22% discount for billing annually, this tier has everything. It gives you full, unlimited access to all the features from the two previous plans.
In addition, you’ll be able to view other people’s stats, but you’re also given the option of creating a private profile. These two features are plus the other benefits that you can use to the maximum extent. If you’re looking for an option that gives you with everything you require as trader with experience, the Pro plan is for you!
Profit.ly’s Other Services
Apart from the trainer tools and leadersboards Profit.ly provides a variety of other services they offer. One of these is its online store, where customers can select from a variety of video products created to help you understand the ins and outs of trading. The products listed on this page of the site can be immediately purchased for personal use. Among these products include best-sellers such as the “Trading Tickers” series by trader expert Tim Grittani, Timothy Sykes’s collection of DVDs and streaming-only content about short stocking, penny stocking, as well as all things trading-related, clips and footage taken from the Annual Pennystocking Conference, and products from other 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 since you will see it on 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 hands-on space where experts and their member traders can communicate and share knowledge in real-time. Each guru has their style when it comes to running their chat room and in dealing with the members there. Some may 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 chatrooms as Profit.ly’s version of a forum, in essence.
Who is the best Trader for Profit.ly?
Profit.ly’s diverse range of products and features are geared towards the wide range of stock traders, ranging from beginners to experienced pros. Given the wide range of options it has to offer, the platform surely has something for all.
Beginners, for instance, will appreciate Profit.ly’s collection of educational materials available across the platform. They will also be enriched with weekly videos and chat room tips from the in-house experts and members. They’ll also be able to choose from the items on its store online that they can take with them wherever they may travel. They can also gain hands-on experiences by trading through the platform, but ultimately they’ll realize that the process is a high-stakes game that shouldn’t be treated as an opportunity to make fun of.
For those traders who have had years of exposure down the road, we consider Profit.ly equally suited for them as it is for people who are just beginning. Although the novices might not be as well-equipped with handling trading matters, the pros already understand how it works and the plethora of risks that come with it. Ideally, they may utilize Profit.ly’s variety of options to their maximum advantage to develop their trading skills. Like novices, they can learn from the experts and experts and utilize those short tips and tricks throughout the process.
Profit.ly’s “all-inclusive” nature does not only apply to beginners and semi-experienced traders. Verified experts can also join in the enjoyment! Those in the trading industry who are at an equal level with Superman or Tim Sykes can also use Profit.ly’s capabilities. Profit.ly’s capabilities to display their expertise to other traders as a way to navigate them through the ever-changing trading process. Timothy Sykes High Net Worth Broker $30,000 Minimum
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 tons of learning communications, trading, and communication tools
- You get to receive excellent training and tips from the in-house gurus, including video libraries that teach you how to learn and live trading activity.
- You’re assured of transparency throughout Profit.ly by using accurate data as well as other traders that are waiting to reach you out if something occurs.
- The leaderboard feature of the platform offers you the chance to establish your credibility as a trustworthy and dependable trader
- Apart from its main capabilities, Profit.ly also gives its customers extra options that can be tailored to their preferences, such as posting unverifiable trades through screenshots
- Profit.ly’s wide array of subscription levels and guru packages are priced at affordable rates There’s something for everyone
The Cons
- Profit.ly’s bountiful stream of products and packages offered might seem overwhelming for the majority of its customers
- Since traders can choose to post any kind of trade, there’s a possibility that some of them will profit by picking the most profitable trades to increase the rating this could be a problem that shouldn’t be ignored.
- Profit.ly will not allow refunds, as the premium customers will immediately take advantage of the numerous features the platform is able to provide
> > Click Here to Check Out Profit.ly < <
The Final Concluding Question The Final Verdict: Is Profit.ly worth it?
If we could come up with an answer to this question, it would be an affirmative “yes”. But it is important to realize that this platform shouldn’t be viewed as a get-rich-quick scheme. The platform wasn’t originally meant to be designed for this reason. Instead, you should have an open mind. Timothy Sykes High Net Worth Broker $30,000 Minimum
What we mean”yes” is it is a fantastic learning tool. Those who may be stuck might be able to find Profit.ly’s range of resources useful in their efforts to reduce losses and be more successful than they did before. Not only struggling traders that will benefit from this platform. It can accommodate beginners and even experts in the field!
So, if you genuinely care about being a better trader and want to be taught by your fellows and gurus along the way, then look no further – Profit.ly is a fantastic choice to start.
FAQ Timothy Sykes High Net Worth Broker $30,000 Minimum
What are the best ways to use Profit.ly to make your trades public?
Profit.ly has an entry section for trades under the My Trade category on the dashboard. It lets you post your trades that are verified or not. There are three choices:
- Linking your account with your broker of choice and import trades directly from there
- Manually entering your trades using the spaces provided and details
- 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 an excellent probability that it’s verifiable. This is evident by the blue check mark. If you upload it in a manual way or by taking screenshots, it will automatically be classified as unverified.
The downside of having an unverified trade is the chance of getting downvotes from your colleagues. If you receive too many negative votes, it could cause you to be listed in the Madoff leaderboard, where people can see who’s fraudulent in posting trades.
Are 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 the Google Play store. The mobile version of the app is compatible with the majority of working smartphones and tablets.
How many are on Profit.ly?
Profit.ly currently houses over 150,000 investors and traders as they not only are seeking to make the most profit but also assist each other to learn and improve in acquiring opportunities in the stock market both right and left.
