The stock market can be an exciting game with high stakes. On certain days, you could have the benefit of positive and satisfactory numbers. On other days you may experience the opposite, and it may sometimes be very difficult to get back to where you were at your best. If you’re always in the mud You will need to recognize that relying on instinct and survival may not always be enough.
If you’ve suffered occasional losses, you’re gonna be needing sound advice from tried-and-tested trading experts. Also, you’ll need an enormous boost from your trading partners from all over the globe, which is why we’ve found an option that can help you in your growth within the field. We’ll take the time to look at Profit.ly is a well-known 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.
Overall Rating: 4.1/5 Timothy Sykes Interview Steve Harvey
Users Experience 4.5/5
Profit.ly is an online trading platform that enables traders of various levels to be informed responsible, transparent, and to build relationships with each other by offering a wide array of tools and features such as chat rooms, trade verification, and an enriched library of educational content.
What exactly is Profit.ly?
Profit.ly is a trading site which serves as a learning and training platform for those who are just beginning their journey and as a hub for traders who are experienced to monitor their performance using the aid of sophisticated analytics tools. Providing users with a wide array of options for communication and trade that help traders from all walks of life network with one another. It offers gurus with worthwhile investments within the confines of this platform. Think of it as a social media site akin like Facebook and Reddit but with a focus on experts and traders.
Profit.ly independently checks the performance of trades and then publishes the information from them in the form of leaderboards. The platform for trading is built on honesty and transparency: it guarantees that the trades are valid and won’t tolerate inauthenticity as much as possible. It was established years ago by the penny stock trade expert and investment expert Timothy Sykes, along with fellow expert Michael Mosseri.
One time , during an appearance in Forbes publication, Sykes stated that Profit.ly was driven by its focus “on the transparency of every trade, something that was never done before.” The idea, he added, served two purposes: 1) keeping track of public data for not just the gurus and students and newsletter writers, and 2) allowing all users to be enlightened by both the wins and losses for the trading industry’s benefit. Timothy Sykes Interview Steve Harvey
How Does It Perform?
Profit.ly utilizes a subscription model that lets stock traders have access to a range of services and features geared towards achieving success. You may set up an account on the site for free, but you’re limited to access to the leaderboard and observe the actions of non-gurus. If you’re ready to invest your money in order to find out which stocks the gurus are trading in real-time it is necessary to subscribe to any of Profit.ly’s offerings that we’ll review in the coming days.
Making an account easy: create an account with your experience and skills, join to your brokerage account and you’ll have the chance to climb your way to high on the leaderboard. Profit.ly’s leaderboard feature, as we’ve mentioned earlier it is designed to provide its users a glimpse of the performance of the trading community and its experts. It’s not just a way to show value to a community of traders, as you can also use Profit.ly to buy from a guru with the assurance that you’re confident with their expertise and the legitimacy of their assertions.
If you feel uneasy with the idea of sharing your brokerage account, you may choose to publish your trades, verified or not, by taking photographs. Included in Profit.ly are the vast number of courses in trading, the ability to view statistics on a person’s profile and other methods to communicate with your gurus via chatrooms along with 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 his efforts in the penny-stock market. According to Investopedia the term “penny stock” refers to a small-sized company’s stock which trades at under $5 for each share. The penny stock market could be viewed as an avenue for small companies to move to a market that is larger as they can access money from the general public. But don’t be mistaken – it can also be a high-risk game, which Sykes will be able to tell you because of his decades of expertise.
Beginning in his late years in high school, Tim Sykes has, since then, made more than $6 million in earnings through his lengthy career as trading professional. At the age of 25 Tim Sykes had received more exposure and a wider reach of influence when he was a part of the reality series “Wall Street Warriors.” He then made use of the show to develop trading rooms and penny stock themes as well as educational content targeted at people who are brand new to the trading field. He also played a role in establishing Profit.ly as a place for transparency and for the community to uplift and compete on the platform.
The Profit.ly Gurus
One of Profit.ly’s sweet inclusions is the wide range of learning tools, trade alerts and other helpful stuff provided by the in-house experts of the platform. These gurus refer to the trading experts who have earned substantial amounts of money through their years of experience. Timothy Sykes Interview Steve Harvey
At its height, Profit.ly had housed up to five gurus, all of them an expert in their field of expertise in the trading industry. Some of the prominent experts included Connor Bruggermann, Nathan Michaud of Investors Underground, and Triforce, among a few others. At the time of writing only two gurus remain on this platform: Founder as well as penny-stock trader Tim Sykes and veteran smallcap swing trader Paul Scolardi, also known as Superman. In light of that we’ll take a look at the packages each guru can offer.
From Tim Sykes: Tim’s Alerts
Sykes offers an essential stock trading service that focuses on penny stock day trading through Tim’s Alerts. At $74.95 per month, you’ll observe him focus on fundamental stock catalysts and use them to forecast the next moves that could occur when trading.
A purchase on its own of Tim’s Alerts will get you access to the chatroom, as well as the mobile app available on 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 most premium version that has been upgraded of the Tim’s Alerts package. It costs $149.95 per month, this is an ideal plan for those who are more invested in investing in penny stocks. Pennystocking Silver comes with all the standard features that were included in earlier plans such as swing trading alerts and unlimited access to an extensive library of more than 7,000 instructional videos and new videos released each week.
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From “Superman” Paul Scolardi: Superman Alerts
Scolardi, who goes by the name “Superman,” is a trader who has an eye for massive stocks of the small-cap size and insanely accurate marketing forecasts. Since he began as a trader, Superman has amassed over $5.5 million in trading earnings. Timothy Sykes Interview Steve Harvey
The Superman Alerts plan is his 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 premarket stock watchlist and the mobile application, daily market commentary in real-time, as well as SMS and e-mail alerts.
The film “Superman” Paul Scolardi: Superman Pro
At $247/month, you get additional features, as well as access to an extensive base of knowledge of information provided by Superman himself through the Superman Pro package. In addition to the basic features featured in the Alerts package, Superman Pro gives you daily video lessons, which include an ever-growing library of the previous ones. Additionally, you’ll also get access to premium research reports as well as the IPO or earnings monitor.
Profit.ly plans and costs
If you’re eager to join the trading community on the internet and leave your mark on the market, Profit.ly has the right amount of tools to get you up and running. 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.
The package called Novice is Profit.ly’s basic plan that is designed specifically for those who are new to the trading world. Once you have signed up for this plan you’ll be offered a range of strong and vital trading tools, all of them integral in keeping your fingers on what we can describe as a cutthroat process in and of itself.
The list of features you can accomplish using Profit.ly’s Novice package is the ability to verify the results of your trades and track profit and follow-up, leading, and even messaging other traders; and providing feedback on trades today. It also allows you to be onto leaderboards; study your trades, sort or filter the trades you make and lastly, look at other people’s statistics.
The Novice plan costs $29.95 per month. Although it looks attractive for the price alone, there is a downside. You aren’t able to create a personal profile, thus making your activities publicly available. If you’re looking to have the benefit of this service, be watching for us to introduce to you Profit.ly’s next strategy.
The Trader package allows you to take advantage of many of the features of the Novice plan. In this plan, that you can create an account that is private for sharing with fellow associate users all your knowledge and intel in this trading group.
Priced at $49.95/month, Profit.ly’s Trader plan is exactly what it says: Cater for those looking to harness their skills in trading. As nice as it seems however, there’s a crucial feature that is missing. Unlike the previous Novice package, this one won’t be able to view other traders’ stats that might be a drawback for those anticipating this level. Timothy Sykes Interview Steve Harvey
The Pro plan is the highest premium package that Profit.ly can offer to experienced traders. It costs $74.95 each month and 22% off when billed annually the Pro plan has everything. You will have full, unrestricted access to all features of the prior plans.
You’re not only able to look at other people’s statistics and data, but you also have the opportunity to create your own private profile. These two features are in addition to the benefits that you can use to their fullest capacity. If you’re looking for a plan that can serve you with everything you require as trader with experience, the Pro tier could be for you!
Profit.ly’s Other Services
Apart from the tools for training and Leaderboards Profit.ly has a few other services they offer. One of those is its online store, where customers can choose from a wide array of videos designed to inform and provide guidance on the nuances and pitfalls of trading. Each of the offerings listed on this page of the site can be immediately purchased for personal use. Some of these include bestsellers such as”Trading Tickers, “Trading Tickers” series by trader specialist 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 scenes from the Annual Pennystocking Conference, and products from other expert traders.
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The integrated chat rooms are included in Profit.ly’s array of services and features. You’re probably familiar with the concept of the chat room since 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 place where gurus and their members trade and learn in real time. Every guru has their own style when it comes to running their chat room and in dealing with the members. Some may be more laid back and rarely engaged, while another could be more active and in touch with their students. Consider chat rooms as Profit.ly’s version of the forum, in the essence.
Who is the best Trader for Profit.ly?
Profit.ly’s variety of offerings and features are geared towards an array of stock trader types, from novices to the most experienced. With the variety of deals it has to offer, the platform surely has something for every person.
Beginners, for instance, will enjoy Profit.ly’s library of learning content offered throughout the platform. They will also get daily videos and chat room advice from the in-house experts and their members. They’ll also be able to pick from the merchandise available from its online store for them to take wherever they may go. Additionally, they can gain practical experiences by trading through the platform, however they’ll be able to realize that this is a high stakes game that should not be viewed as a joke.
For traders who have years of exposure down the line, we see Profit.ly equally suited for them as it is for those who are just starting. Although the novices might not be as proficient in managing trading however, experienced traders know how it works along with the stack full of risks that come with it. It is ideal to utilize Profit.ly’s range of features to their best advantage to enhance their skills in trading. Like beginners, they can learn from the experts and experts , and use those simple tips and hints throughout the process.
Profit.ly’s ‘all-together’ nature isn’t limited to novices and semi-experienced traders. Certified experts can also take part in the fun! Those in the trading industry who are on the same level as Superman or Tim Sykes can also use the power of Profit.ly’s capabilities to showcase their skill to others as a way to navigate them through the ever-changing trading process. Timothy Sykes Interview Steve Harvey
Profit.ly’s Pros and Cons
- Profit.ly’s numerous capabilities as a ‘one-stop’ platform for trading stocks allows traders from all over the world with tons of learning, communication, and trading tools
- You’ll be taught by experts and advice from the company’s internal experts, which include libraries of educational videos and trading in real-time.
- You can be sure of complete transparency through Profit.ly by using accurate data as well as fellow traders that are waiting to reach you out if something occurs.
- The leaderboard feature of the platform offers you a way to build your reputation as a reliable and authentic trader
- Apart from its main abilities, Profit.ly also gives its users extra options to suit their needs, like posting unauthentic trades via images
- Profit.ly’s wide array of subscription plans and guru packages are priced at affordable rates – there truly is something for everyone
- Profit.ly’s numerous packages and services offered could be too much for the majority of its users
- As traders may opt to post any kind of trade, there’s a possibility that some of them may take advantage by selecting the best trades in order to improve their ratings – this may be a risk that shouldn’t be simply overlooked
- Profit.ly will not allow refunds because the premium customers will immediately benefit from the number of features the platform is able to offer
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The Final Verdict is: Is Profit.ly Worth It?
If we could come up with an answer to this question, it would be a ‘yes’. However, you must realize that it shouldn’t be treated as a scheme to get rich quick. The platform was not always intended to be created for this reason. Instead, you should have curiosity. Timothy Sykes Interview Steve Harvey
What we mean”yes” is it is a fantastic learning tool. For those who are struggling, they could discover Profit.ly’s variety of resources useful as they do their best to reduce losses and perform better than before. Not only struggling traders who will benefit from this platform. It will be able to accommodate beginners as well as even experts in the field!
So, if you genuinely desire to be a better trader and want to learn from your mentors and peers along the way, then you should look no further than Profit.ly. Profit.ly could be a good option to begin.
FAQ Timothy Sykes Interview Steve Harvey
How do you use Profit.ly to make your trades public?
Profit.ly offers the option of allowing trade entries in the “My Trade category on the dashboard which lets you post your trades, either verified or not. You may choose between three choices:
- Connecting your account to your brokerage of choice and importing the trades from that directly
- Manually entering your trades using specified spaces and information.
- Take a photo of your transactions
How do I know whether the trade can be verified or not?
If you buy your trade from a trusted brokerage, there’s the probability that it’s verifiable. This is evident by the blue check mark. If you post it manually or through screenshots, it will automatically be classified as unverified.
The downside of having an unauthentic trade is the possibility of getting downvotes from your colleagues. Too many downvotes may result in you appearing on the Madoff leaderboard, where people can see who’s dishonest in posting trades.
Are the Profit.ly mobile application still available?
As of this writing, Profit.ly is still available for download on the Apple App Store and the Google Play store. The mobile version of the app works with all operating tablets and smartphones.
How many are connected to Profit.ly?
Profit.ly currently houses over 150,000 investors and traders as they not only are looking to earn maximum profits but also to help one another develop and grow in their ability to take advantage of opportunities in the stock market left and right.