The stock market can be an extremely risky game. On some days, you might have the benefit of positive and satisfying numbers. However, on other days you may experience the opposite and it can be extremely difficult to return to where you were your best. If you find yourself immersed in the water, you will have be aware that relying solely on instinct and survival may not always be enough.
If you’ve experienced loss from time to time, you’re gonna be needing solid advice from seasoned and tested trading experts. Also, you’ll need an important boost from fellow traders from around the world, which is why we’ve found an option that can help you in your growth in the market. This review will be taking a look at Profit.ly A well-respected 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 Live Trading
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 knowledgeable and accountable, as well as transparent and uplifting with one another through its wide variety of tools and features such as trade verification, chat rooms as well as an extensive library of educational material.
What exactly is Profit.ly?
Profit.ly is a trading site that serves both as a training and learning platform for traders new to trading and also as a platform for experienced traders to track their performance with the help of advanced analytics tools. Providing users with a wide variety of tools for communication and trade that help traders from all walks of life connect with each other. It offers gurus with worthy investments within the boundaries of the platform. Think of it as an online social media platform similar to Facebook and Reddit but with a focus on experts and traders.
Profit.ly independently verifies trade performances and posts all the data from them in the form of leaderboards. The platform for trading is built on transparency and honesty: it ensures that the transactions are legitimate and will not accept fake news as long as is humanly 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 publication, Sykes stated that Profit.ly was motivated by its focus “on the transparency of the entire spectrum of trades, something which has never been previously done.” The idea, he added, served two objectives: one) keeping track of public data for not just the gurus as well as newsletter authors and students and secondly) giving anyone on the platform to learn from both losses and wins to benefit the industry of trading. Timothy Sykes Live Trading
How Does It Work?
Profit.ly is a subscription-based platform that allows stock traders to have access to a range of features and services aimed toward achievement. You can create an account for free, but you’re only limited to having the ability to navigate through the leaderboard and follow 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 that we’ll go over shortly.
The process of opening an account is simple: Create a profile with your experiences and expertise, connect your brokerage account, and you’ll be given an opportunity to make through at the very top of the list. Profit.ly’s leaderboard feature, as previously mentioned was designed to offer its users a glimpse of the performance of the trading community and its experts. It’s not just a way to show that you’re worthy to the large group of traders. You can also utilize Profit.ly to purchase with a guru, and have the assurance that you’re confident with their expertise and the veracity of their claims.
If you’re not comfortable with the idea of sharing your brokerage account, you may decide to share your trades, either verified or otherwise, through photographs. In Profit.ly are a variety of trading courses, the ability to view statistics on a person’s profile and other methods to communicate with your gurus via chatrooms along with 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 trading guru who is famously known for his involvement in trades in penny stocks. According to Investopedia, a penny stock is a small business’s stock which trades at just less than 5 cents per share. The penny stock market could be viewed as an avenue for small-scale businesses to make the transition to a large marketplace as it allows them to access money from the general public. However, don’t get it wrong – it’s also an extremely risky game, as Sykes is sure to reveal thanks to his years of expertise.
Beginning in the latter years of high school, Tim Sykes has, since then, earned over $6 million of profits throughout his illustrious career as a trader. At 25 years old Tim Sykes had received greater exposure and a larger impact when he became part of the reality series “Wall Street Warriors.” He took advantage of it to establish trading rooms and penny stock themes as well as educational content targeted at people who are brand new to the trading field. He also helped establish Profit.ly as a place for openness, and for the community to uplift and compete through the platform.
The Profit.ly Gurus
One of Profit.ly’s sweet inclusions is the wide range of education resources, 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 proven to make substantial amounts of money from their collective years of experience. Timothy Sykes Live Trading
At its peak, Profit.ly had housed up to five gurus, all of them an expert in their niche in the field of trading. Some of the most famous experts were Connor Bruggermann, Nathan Michaud of Investors Underground, and Triforce, among a few others. At the time of writing there are only two gurus who remain on this platform: Founder and 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 packaged offers each guru has to offer.
From Tim Sykes Tim Sykes
Sykes provides a basic stock trading service that focuses on penny-priced day trading with Tim’s Alerts. At $74.95 for a month you will observe him focus on fundamental catalysts for stocks and utilize them to predict the next move that is possible when trading.
A single purchase in Tim’s Alerts will get you access to the chatroom, as well as the mobile app available to iOS and Android devices, email, text and push alerts; as well as a daily watchlist of stocks.
Tim Sykes: From Tim Sykes: The Pennystocking Silver Package
Pennystocking Silver is the most premium, upgraded version of the Tim’s Alerts program. It costs $149.95 monthly, it is an ideal plan for those who are more committed to investing in penny stocks. Pennystocking Silver offers all the essential features found in the previous plan, including swing trading alerts as well as unlimited access to an extensive library of more than 7,000 instructional videos and new videos released weekly.
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From “Superman” Paul Scolardi: Superman Alerts
Scolardi, who goes by the name “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 when he first started trading, Superman has amassed over $5.5 million in total trading earnings. Timothy Sykes Live Trading
The Superman Alerts plan is an offer of the most essential features and trading alerts geared towards those who might be interested. For just $147 per month, you’ll have an access to the day-to-day stock watchlist that is premarket and the mobile application, daily market commentary shown in real time, and SMS and e-mail alerts.
The film “Superman” Paul Scolardi: Superman Pro
At $247/month, you get additional features, as well as access to a knowledgeable base of information provided by Superman himself, via the Superman Pro package. Alongside the standard features that are included in the Alerts plan, Superman Pro gives you daily video lessons, which include a growing library of all other previous ones. In addition, you’ll also get the ability to access premium reports on research as well as an IPO or earnings monitor.
Profit.ly Programs and Costs
If you’re ready to join the online trading community and leave your mark on the field, Profit.ly has the right amount of tools to get you up and running. The platform offers three membership levels, each designed for traders of different levels. Let’s break down what these three are and how much they’ll cost you.
Novice Plan
The Novice package is Profit.ly’s entry-level plan designed especially for those who are new to the trading community. When you sign up for this package you’ll be provided with a variety of powerful and essential trading tools, each of them integral in keeping your fingers on what we call a competitive process by itself.
Among the list of things you can accomplish with Profit.ly’s Novice package include the capability to check trades and track profits as well as leading, following, and even messaging your fellow traders; and leaving feedback on today’s trades. It also allows you to be on leaderboards, analyze your trades, sort and filter your trades; and, lastly, view other’s stats.
The Novice plan costs $29.95 per monthly payment. Although it looks attractive for the price alone however, there’s a drawback. It isn’t possible to create a private profile, thus making your personal information public. If you’re interested in get access to this feature, you should be watching for us to introduce to you Profit.ly’s new plan.
The Trader Plan
The Trader package lets users to benefit from the majority of features available in the novice plan. This plan allows that you are able to create a private profile for sharing with fellow associate users all the insights and information you have gained from this trading group.
Costing $49.95/month, Profit.ly’s Trader plan is exactly what it says caters for those looking to harness their skills in trading. Although it’s a nice thing, there is one significant aspect that’s not included. As opposed to the prior Novice package, you will not be able to view other traders’ statistics that could be a problem for those looking forward to this tier. Timothy Sykes Live Trading
Pro Plan
This is by far the most premium package that Profit.ly can offer to experienced traders. At $74.95 each month and 22% off when billed annually This plan offers everything. You get full, no-holds-barred access to all options of the previous plans.
In addition, you’ll be able to view other people’s stats, but you’re also given the option of creating an individual profile. Both of these features, plus the other benefits that you can use to their fullest capacity. If you’re looking for an option that gives all the features you need to be a skilled trader, maybe the Pro plan is the right choice for you!
Profit.ly’s Other Services
In addition to the trainer tools and Leaderboards Profit.ly has a few other services they provide. One of them is the online store, which lets users choose from a wide array of video products designed to inform and help you understand the nuances and pitfalls of trading. Each of the offerings listed on this page of the website is available to be bought immediately for your personal use. Among these products include best-sellers like”Trading Tickers, “Trading Tickers” series by trader specialist Tim Grittani, Timothy Sykes’s library of DVDs and streaming-only content about penny stocking, short stocking, and other related to trading, videos and scenes taken from the Annual Pennystocking Conference, and products from other expert traders.
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The chat rooms that are integrated are also part of Profit.ly’s range of features and services. You’re probably familiar with the chat room since you will see it on social and messaging platforms as well as some specialty websites that provide live chat support. But in Profit.ly, it is 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 style in operating their chat room and dealing with the members. One of them may be laid back and rarely active, while another might be more interactive and online in their interactions with students. Think of chat rooms as Profit.ly’s version of a forum, in its essence.
Who is the ideal Trader for Profit.ly?
Profit.ly’s diverse range of products and features cater to a large variety of stock trader types, from novices to experienced professionals. Given the wide range of options it can provide this platform definitely has something for every person.
Beginners, for instance, can take advantage of Profit.ly’s library of learning information available on the platform. In addition, they will be enriched with weekly videos and chat room advice from its in-house gurus and their members. Additionally, they can select from the products from its online store for them to take wherever they may travel. You can also get hands-on experience trading on the platform, but eventually, they will soon learn that the process is a risky game that should not be viewed as an amusing pastime.
For those traders who have had many years of experience down the line, we believe Profit.ly as equally as suitable for them as it is for those who are just starting. Although the novices might not be as adept at dealing with trading issues, the pros already understand how it works and the plethora of risks associated with it. It is ideal to utilize Profit.ly’s range of features to their best advantage to improve their trading abilities. Like novices, they can learn from the experts and experts , and use those simple tips and hints along the way.
Profit.ly’s “all-in” approach isn’t limited to novices as well as semi-seasoned traders. Experts who have been verified can also participate in the excitement! Trade professionals who are on an equal level with Superman as well as Tim Sykes can also use Profit.ly’s capabilities. Profit.ly’s abilities to show off their skill to others in order to guide them through the ever-illustrious trading process. Timothy Sykes Live Trading
Profit.ly’s Pros and Cons
The Pros
- Profit.ly’s diverse capabilities as a “one-stop’ stock trading platform allows traders from all over the world with an abundance of knowledge tools, communication, and trading tools
- You get to receive excellent training and insights from its inside experts, as well as video libraries that teach you how to learn and trading in real-time.
- You’re guaranteed transparency throughout Profit.ly by using accurate data and fellow traders ready to call you out whenever something happens
- The leaderboard feature of the platform offers you a way to build your reputation as a reliable and verifiable trader
- Apart from its core features, Profit.ly also gives its customers extra options that can be tailored to their preferences, such as posting unauthentic trades via screenshots
- Profit.ly’s diverse range of subscription levels and guru packages are priced at reasonable prices There is truly something for all
The Cons
- Profit.ly’s bountiful stream of packages and products offered may be too much for most of its customers
- As traders may opt to post any kind of trade, there’s an opportunity that some them could profit from cherry-picking the best trades to boost their rating this could be a risk that shouldn’t be simply overlooked
- Profit.ly will not allow refunds because the premium customers are expected to immediately benefit from the number of services the platform has to provide
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The Final Verdict: Is Profit.ly Valued?
If we could come up with an appropriate answer for this query, it would be an affirmative “yes”. But you need to understand that the platform should not be used as a quick-fix scheme to make money. It wasn’t meant to be designed to achieve this goal. Instead, you need to have curiosity. Timothy Sykes Live Trading
What we are referring to by ‘yes’ is that it could be a useful learning tool. For those who are struggling, they might find Profit.ly’s array of resources helpful as they do their best to avoid loss and perform better than they did before. It’s not only the poor traders that can profit from the platform. It will be able to accommodate beginners as well as even experts!
If you truly want to become a better trader and want to learn from your mentors and peers on the way, look no further – Profit.ly is a fantastic alternative to start.
FAQ Timothy Sykes Live Trading
What are the best ways to use Profit.ly to publish your trades?
Profit.ly offers a trade entry portion in the My Trade section of the dashboard that lets you record your trades, verifiable or otherwise. You may choose between three choices:
- Linking your account with your broker of choice and import transactions directly through there
- Manually entering your trades using the spaces provided and details
- Take a photo of your transactions
How can I tell whether the trade can be verified or not?
If you buy your trade through a reliable brokerage, there’s the chance that it is verifiable. This is indicated with the blue check mark. If you upload it manually or through pictures, it will be classified as unverified.
The drawback of posting an unauthenticated trade is the chance of receiving downvotes from fellow peers. A large number of downvotes could cause you to show up at the top of the Madoff leaderboard, where users are able to identify who is dishonest in posting trades.
Does the Profit.ly mobile application still available?
As of the moment, Profit.ly is still available for download on the Apple App Store and the Google Play store. The mobile version of the app is compatible with most operating tablets and smartphones.
How many people are currently connected to Profit.ly?
Profit.ly currently houses over 150,000 traders and investors, since they’re not just trying to maximize profits but also to help one another learn and improve in acquiring opportunities on the stock market all over the world.
