The stock market can be an extremely risky game. Some days, you might enjoy the benefits of positive and satisfying numbers. On other days, however it could be the reverse and it can be extremely difficult to get back to where you were your best. If you find yourself always in the mud, you will have be aware that relying solely on your instincts and preserving may not always be enough.
If you’ve been incurring loss from time to time, you’re gonna be needing reliable advice from tested and tried trading experts. Additionally, you’ll require a significant boost from your trading partners from all over the globe, which is why we’ve found an online platform that will help you in your improvement within the field. In this review, we’ll be taking the time to look at Profit.ly, a well-recognized single-stop social platform to trade!
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.
Total Rating: 4.1/5 Timothy Sykes Hunch Back
Value: 4.1/5
Quality: 4.1/5
Costs: 4.1/5
Users Experience 4.5/5
Summary
Profit.ly can be described as an online platform for trading that enables traders of different levels to be informative, transparent, accountable, and to build relationships with each other by offering a wide range of features and tools like trade verification, chat rooms as well as an extensive library of educational content.
What exactly is Profit.ly?
Profit.ly is a trading website which serves as a training and learning platform for people who are just beginning their journey and also as a platform for experienced traders to track their performance through the use of sophisticated analytics tools. Providing users with a wide array of options to facilitate trade and communication and letting traders from all walks of life network with one another. It offers gurus with an opportunity to invest in the right areas of the platform. Imagine it as a social media site akin the likes of Facebook and Reddit but with a focus on professionals and traders.
Profit.ly independently validates trade performance and publishes all data from them in the form of leaderboards. The trading platform is built on transparency and honesty: it ensures that the transactions are legitimate and will not allow for fraud as much as it is possible. It was founded in the past by penny stock trade expert and investment guru Timothy Sykes, along with his colleague Michael Mosseri.
One time , during an appearance in Forbes magazine, Sykes declared that Profit.ly was based “on showing every trade, something that has never been done before.” The concept Sykes said served two objectives: one) keeping track of public data for all traders, not just the gurus as well as newsletter authors and students as well as) making it possible for everyone on the platform to learn from both losses and wins to the benefit of the trading industry. Timothy Sykes Hunch Back
How Does It How Does It
Profit.ly follows a subscription-based model which allows stock traders to gain access to a multitude of features and services aimed at achieving the success of their business. It is possible to create an account for free, but you’re only limited to having the capability to browse the leaderboard and follow the activities of non-gurus. If you’re interested in investing your money and see which stocks the gurus are trading in real-time, you will need to join one of Profit.ly’s deals, which we will review in the coming days.
Making an account simple: Create a profile with your experiences and skills, join to your brokerage account, and you’ll have the chance to climb your way to the top of the leaderboard. Profit.ly’s Leaderboard function, which was previously mentioned was designed to offer its users an insight into their performance as a trading group as well as its gurus. You’re not just allowed to demonstrate that you’re worthy to the community of traders, but you are also able to use Profit.ly to buy from a guru with the assurance that you’re confident in their skills and the veracity of their assertions.
If you feel uneasy with the idea of divulging information about your account with a brokerage, you may decide to share your trades, verified or not, by taking pictures. Also included in Profit.ly are the vast number of courses in trading, the ability to view stats in a trader’s profile and other methods to connect with your gurus in the chatroom, as well as text and e-mail alerts and updates.
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Meet Tim Sykes, the founder: Tim Sykes
Timothy Sykes is a well-renowned day trading personality who is famously known for delving his hands into trades in penny stocks. According to Investopedia the term “penny stock” refers to a small company’s stock which trades at under $5 for each share. Penny stock trading is a stepping stone for small-scale businesses to make the transition to a market that is larger as they can access funds from the public. However, don’t get it wrong – it’s also an extremely risky game, as Sykes will be able to tell you through his many years of experience.
From his beginnings in his late years in the high schools, Tim Sykes has, since then, made an estimated $6 million profits throughout his illustrious career as trader. At 25 years old Tim Sykes had received more exposure and a wider influence over time 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, as well as educational content targeted at people who are brand new to trading. He also helped to establish Profit.ly as a place of transparency, and for the community to lift each other up and compete against each other on the platform.
The Profit.ly Gurus
One of Profit.ly’s most appealing features is the variety of learning 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 substantial profits through their years of experience. Timothy Sykes Hunch Back
At its height, Profit.ly had housed up to five gurus, each of them a professional in their field of expertise in the field of trading. Some of the most prominent experts 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: Founder and penny stock trader 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 packaged offers each guru has to offer.
From Tim Sykes Tim Sykes: Tim’s Alerts
Sykes offers a basic stock trading service that focuses on penny stock day trading through Tim’s Alerts. Costing $74.95 per month, you will see him focus on the fundamental stock catalysts and use them to anticipate the next possible moves in trading.
A purchase on its own of Tim’s Alerts will get you access to the chatroom and the mobile application that is available on iOS and Android devices, as well as 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 version, with an upgraded version of Tim’s Alerts package. At $149.95 for a month this is the perfect plan for those who are committed to the penny-stock market. Pennystocking Silver includes all the basic features that were included in prior plans, including alerts for swing trading and access to an extensive 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 by the name “Superman,” is a trader who has an eye for both small-cap monumental stocks and crazy-accurate marketing forecasts. In the time since the time he started trading, Superman has amassed over $5.5 million in all-time trading profits. Timothy Sykes Hunch Back
The Superman Alerts package is his package of vital features and alerts on trading geared to those interested. For $147 per month, you’ll gain an access to the day-to-day stock watchlist that is premarket along with 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, plus access to a knowledgeable base that is provided by Superman himself through his Superman Pro package. On top of the essentials included in the Alerts package, Superman Pro gives you weekly video lessons, including the growing collection of other previous ones. On top of that you’ll also have an access to high-quality research papers and an IPO as well as earnings tracking tool.
Profit.ly plans and costs
If you’re looking to join the trading community on the internet and make a mark on the field, Profit.ly has the right amount of tools to get you going. The platform has three membership levels that cater to traders with different levels. Let’s look at what the three are and how much they’ll cost you.
Novice Plan
The package called Novice is Profit.ly’s beginning-of-the-line plan specifically for those who are new to the trading community. As you sign up for this package, you will be immediately provided with a variety of powerful and indispensable trading tools, all of which is essential to keep your fingers on what we can describe as a cutthroat procedure in its own.
The list of features you can accomplish with Profit.ly’s Novice program is the ability to confirm the results of your trades and track profit and follow-up, leading, and even messaging your fellow traders, as well as leaving feedback on today’s trades. It also allows you to be on leaderboards; analyze, sort, or filter the trades you make; and, lastly, view other people’s statistics.
The Novice plan is $29.95 per month. Although it looks attractive just by the price, there is a downside. You can’t create a private account, making your activities publicly available. If you’re interested in get access to this feature, you should 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 many of the features of The Novice package. This plan allows that you can set up an individual profile that allows you to share with fellow associate users all your knowledge and information you have gained from this trading group.
Priced at $49.95/month, Profit.ly’s Trader plan is exactly what it says: Cater to those who desire to improve their trading skills. Although it’s a nice thing, there is one significant element that’s missing. Unlike the previous Novice package, this one won’t be able view other traders’ statistics this could be a disadvantage for some who may be anticipating this level. Timothy Sykes Hunch Back
Pro Plan
The Professional plan can be described as the most premium package that Profit.ly offers to experienced traders. It costs $74.95 per month, with an additional 22% discount for annual billing, this tier has it all. You will have full, unrestricted access to all the features of the previous plans combined.
In addition, you’ll be able to see other users’ stats as well, you’re also offered the option of creating a private profile. Both of these features, on top of all the benefits that you can use to the maximum extent. If you’re looking for 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 trainer tools and leadersboards Profit.ly offers a number of more services it has to provide. One of them is the online store, where customers can select from a variety of videos that are designed to educate and guide you through the ins and outs of trading. The products listed in this section of the website can be bought immediately for your 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 and streaming-only content on short stocking, penny stocking, and other related to trading, videos and scenes of events like the Annual Pennystocking Conference, and other products by expert traders.
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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 concept of chat rooms since you can find it throughout social and messaging platforms, and also on a few specialty websites that offer live chat support. However, in Profit.ly, it is seen as a real-time place where gurus and their member traders can communicate and exchange knowledge in real-time. Every guru has their own way in operating their chat room and in dealing with the members there. One might be a laid-back person who is less engaged, while another could be more online and communicative with their students. Consider chat rooms like Profit.ly’s version of the forum, in the essence.
Who is the best trader to Profit.ly?
Profit.ly’s variety of offerings and features caters to the wide range of stock traders, ranging from novices to experienced professionals. Given the wide range of options it offers this platform definitely has something for everyone.
Newbies, for instance, will appreciate Profit.ly’s collection of educational materials available across the platform. Not only will they be enriched with weekly videos and chat room tips from the in-house experts and their members. They’ll also be able select from the products on its store online that they can take with them wherever they may be. Additionally, they can gain practical experience trading on the platform, but eventually, they will soon learn that this is a risky game that should not be viewed as a joke.
For traders who have many years of experience down the line, we believe Profit.ly equally suitable to them as people who are just beginning. While novice traders may not be as adept at managing trading but the experts already know how it works and the stack full of risks that it carries. In the ideal scenario, they can use Profit.ly’s variety of features to their best advantage to improve their trading skills. As beginners, they are able to learn from the experts as well as experts, and take advantage of simple tips and hints along the way.
Profit.ly’s “all-in” approach isn’t limited to novices and semi-experienced traders. Certified experts can also take part in the excitement! People in the trade industry who are on the same level as Superman or Tim Sykes can also use Profit.ly’s capabilities. Profit.ly’s capabilities to display their skill to others as a way to assist them in the ever-changing trading process. Timothy Sykes Hunch Back
Profit.ly’s Pros and Cons
The Pros
- Profit.ly’s numerous capabilities as a “one-stop” stock trading platform enable traders across the globe with tons of learning, communication, and trading tools
- You’ll receive excellent training and advice from the company’s in-house gurus, including video libraries that teach you how to learn and trading in real-time.
- You’re assured of transparency throughout Profit.ly with precise analytics and fellow traders ready to call you out whenever something happens
- The leaderboard feature on the platform gives you a way to build your reputation as a reliable and dependable trader
- In addition to its primary features, Profit.ly also gives its users extra options to suit their preferences, such as posting unauthentic trades via 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 packages and services offered could not be enough for most of its customers
- Since traders can choose to post any kind of trade, there is a possibility that some of them could profit from picking the most profitable trades to improve their ratings this could be a risk that shouldn’t be ignored.
- Profit.ly will not allow refunds as its premium users will immediately take advantage of the numerous features the platform is able to provide
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The Final Verdict The Final Verdict: Is Profit.ly worth it?
If we could think of an appropriate answer for this query, it’s yes. But it is important to realize that this platform shouldn’t be viewed as a scheme to get rich quick. It wasn’t intended to be created in this way. Instead, you should have an open mind. Timothy Sykes Hunch Back
What we mean”yes” is it is a fantastic learning tool. People who are stuck might find Profit.ly’s range of resources helpful as they do their best to incur lesser losses and be more successful than they did before. Not only struggling traders who will profit from the platform. It is able to accommodate novices and even experts!
So, if you genuinely care about being better at trading and wish to learn from your fellows and gurus along the way, then you should look no further than Profit.ly. Profit.ly could be a good choice to start.
FAQ Timothy Sykes Hunch Back
How do you use Profit.ly to publish your trades?
Profit.ly offers a trade entry portion in the “My Trade category on the dashboard. It lets you record 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 trades
How do I know if the trade is verifiable or not?
If you buy your trade from a reputable brokerage, there’s an excellent probability that it’s verifiable. This is evident by the small blue check. If you post the information manually or via images, it will be classified as unverified.
The drawback of posting an unauthentic trade is the chance of receiving negative feedback from friends and colleagues. A large number of downvotes could cause you to be listed at the top of the Madoff leaderboard, which is where the public can detect who’s being fraudulent in posting trades.
Is the Profit.ly mobile app still available?
As of the moment, Profit.ly is still available for download on the Apple App Store as well as on the Google Play store. The mobile version of the app works with all working smartphones and tablets.
How many people are currently using Profit.ly?
Profit.ly is currently home to over 150,000 investors and traders, as they not only are trying to maximize profits but also help each other learn and improve in acquiring opportunities in the stock market all over the world.
