The stock market can be a high-stakes game. Some days, you might have the benefit of positive and satisfactory numbers. On other days, however you may experience the opposite, and it may sometimes be very difficult to return to where you were your best. If you’re constantly stuck in the gutter it is important to recognize that relying on instinct and survival may not always be enough.
If you’ve experienced losses from time to time, you’re gonna be needing reliable advice from tested and tried trading experts. Additionally, you’ll require an enormous boost from your colleagues in the market from all over the world, which is why we’ve discovered a platform that can support you in your improvement in the market. We’ll be taking the time to look at Profit.ly A well-respected 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 Member Login
Value: 4.1/5
Quality: 4.1/5
Costs: 4.1/5
The User’s Experience 4.5/5
Summary
Profit.ly offers an internet-based trading service that allows traders of different levels to be informed, transparent, accountable, and encouraging each other by offering a wide variety of tools and features including trade verification, chat rooms and a rich library of educational content.
How do I define Profit.ly?
Profit.ly is a trading website that serves both as a learning and education platform for people new to trading and also as a platform for traders with experience to keep track of their performance with the help of advanced analytics tools. Providing users with a wide array of options to facilitate trade and communication, it helps traders from all walks of life network with each other. It also allows gurus to make worthy investments within the boundaries of this platform. Consider it an online social media platform similar the likes of Facebook and Reddit but with a focus on traders and experts.
Profit.ly independently verifies trade performances and publishes all data from them in the style of leaderboards. The platform for trading is built on transparency and honesty: it ensures that the trades are valid and won’t accept fake news as long as it is possible. It was established years ago by the penny expert in stock trading and investment guru Timothy Sykes, along with his colleague Michael Mosseri.
One time during his interview with Forbes magazine Sykes declared that Profit.ly was driven by its focus “on the transparency of the entire spectrum of trades, something which has never been prior to.” This idea Sykes said served two goals: 1.) making public records for everyone, not just the experts and students and newsletter writers, and 2) allowing anyone on the platform to be enlightened by the losses and wins to the benefit of the trading industry. Timothy Sykes Member Login
How Does It Work?
Profit.ly utilizes a subscription model which allows stock traders to have access to a range of tools and services that are geared toward achievement. It is possible to create an account there at no cost, however you’re only given access to the leaderboard and follow the actions of non-gurus. If you’re ready to invest your money and see which stocks the gurus are trading in real time it is necessary to subscribe to any of Profit.ly’s deals that we’ll review in the coming days.
Making an account simple: Create an account that includes your personal information and knowledge, then connect to your brokerage account, and you have yourself the chance to climb your way up to the top of the leaderboard. Profit.ly’s Leaderboard function, which was mentioned previously was designed to offer its users a look at how the community of traders performs and its experts. It’s not just a way to prove value to a community of traders, but you can also utilize Profit.ly to shop from a guru with the confidence that you are confident with their expertise and the credibility of their claims.
If you feel uneasy with the concept of leaking information about your account with a brokerage, then you could decide to share your trades, verified or otherwise, through pictures. Included in Profit.ly is the huge selection of courses in trading as well as the ability to look at statistics on a person’s profile and other methods to interact with your experts in the chatroom, along with 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 trader who is well-known for his involvement in trades in penny stocks. According to Investopedia Penny stock refers to a small company’s shares that trade for less than $5 per share. The trading of penny stocks is a stepping stone for small-scale businesses to make the transition to a market that is larger as it gives them access to money from the general public. But don’t make the mistake of thinking that it’s also an extremely risky game, as Sykes can surely tell through his many years of expertise.
Beginning at the end of his time in the high schools, Tim Sykes has, since then, earned more than $6 million in profits throughout his illustrious career as trading professional. When he was 25 years old, he had been given more exposure and a wider reach of influence as a participant in the reality series “Wall Street Warriors.” He used the opportunity to establish trading rooms, penny stock themes, as well as educational content targeted at those who are just beginning to learn about trading. He also helped establish Profit.ly as a place for 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 sweet inclusions is the vast array of educational resources, trade alerts, as well as other useful information provided by the in-house experts of the platform. These gurus refer to the experts in trading who have proven to make substantial amounts of money from their combined years of experience. Timothy Sykes Member Login
At its height, Profit.ly had housed up to five gurus. Each of them a pro within their particular field within the world of trading. Some of the prominent gurus included Connor Bruggermann, Nathan Michaud of Investors Underground, and Triforce, among a few others. As of this writing, however, only two gurus remain on the platform: the founder and penny stock trader Tim Sykes and veteran smallcap swing trader Paul Scolardi, also known as Superman. In light of that Let’s look at the packages each guru can offer.
From Tim Sykes Tim Sykes: Tim’s Alerts
Sykes provides a basic stock trading service with the main priority being penny-priced day trading with Tim’s Alerts. The cost is $74.95 monthly, you will see him focus on the fundamental catalysts for stocks and utilize them to anticipate the next move that is possible when trading.
A single purchase from Tim’s Alerts will get you access to the chatroom, as well as the mobile app that’s available on iOS and Android devices, email, text, 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 program. It costs $149.95 per month, this is a great option for those who are invested in penny stock trading. Pennystocking Silver includes all the basic features found in the previous plan, such as swing trading alerts and unlimited access to an extensive library of over 7,000 educational videos that are updated every week.
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In “Superman” Paul Scolardi: Superman Alerts
Scolardi, who goes by the alias “Superman,” is a swing trading professional with an eye for both tiny-cap massive stocks as well as wildly accurate marketing forecasts. Since when he first started trading, Superman has amassed over $5.5 million in trading earnings. Timothy Sykes Member Login
The Superman Alerts plan is an package of vital features and trading alerts targeted towards those who might be interested. For just $147 per month, you’ll have access daily premarket stock watchlist along with the mobile application, daily market updates in real time, and E-mail and SMS alerts.
In “Superman” Paul Scolardi: Superman Pro
At $247/month, you get additional features, plus access to an extensive base of knowledge of information provided by Superman himself, via Superman Pro. Superman Pro package. Alongside the standard features included in the Alerts package, Superman Pro gives you daily video lessons, which include an ever-growing library of other previous ones. On top of that, you’ll also get access to premium research reports and the IPO or earnings monitor.
Profit.ly plans and costs
If you’re eager to join the online trading community and leave your mark on the field, Profit.ly has the right amount of resources to get you started. The platform offers three membership tiers, each designed for traders of different levels. Let’s take a look at what these three tiers are and how much they will cost you.
Novice Plan
The Novice package is Profit.ly’s beginning-of-the-line plan specifically for those who are just beginning their journey to the trading community. As you sign up for this package you’ll be provided with a variety of powerful and indispensable trading tools, each one of them essential in keeping your hands on what we can describe as a cutthroat process in and of itself.
Some of the features you can do using Profit.ly’s Novice package is the ability to verify trades and track profits; leading, following, and even messaging your fellow traders; and providing feedback on trades today. You can also get on leaderboards; analyze the results of your analysis, sort, as well as filter trades; and, finally, see the statistics of other traders.
The Novice plan will cost $29.95 per monthly payment. While it may look attractive for the price alone, there is a downside. It isn’t possible to create a private profile, which makes your personal information public. If you do want to get the benefit of this service, you should stay tuned as we introduce to you Profit.ly’s next plan.
Trader Plan
The Trader package lets you to take advantage of a majority of features from the Novice plan. In this plan, that you are able to create a private profile for sharing with fellow associate users all the insights and information you have gained from the trading community.
Priced at $49.95/month, Profit.ly’s Trader plan does what the name suggests: Cater for those looking to improve their trading skills. While it’s nice, there is one significant element that’s missing. Unlike the previous Novice package, you won’t be able to view other traders’ statistics that might be a drawback for those who are looking forward to this tier. Timothy Sykes Member Login
Pro Plan
The Professional plan can be described as the most luxurious package Profit.ly can offer to experienced traders. With $74.95 per month, with a 22% discount for billing annually the Pro plan has everything. It gives you full, unlimited access to all the features of the prior plans.
In addition, you’ll be able to see other users’ stats, but you’re also given the option of creating a private profile. Both of these options, in addition to the advantages you’ll be able to use to the fullest potential. If you’re looking for an option that gives all the features you need to be an experienced trader, the Pro tier could be ideal for you!
Profit.ly’s Other Services
In addition to the tools for training and leaderboards, Profit.ly offers a number of other services they offer. One of these is its online store, where customers can pick from a range of instructional videos that are that are designed to educate and guide you through the nuances and pitfalls of trading. All of the products featured in this section of the website is available to be immediately purchased for personal use. Among these products include best-sellers like”Trading Tickers,” the “Trading Tickers” series by trader expert Tim Grittani, Timothy Sykes’s library of DVDs and streaming-only content about short stocking, penny stocking, and all other related to trading, videos and clips taken from events like the Annual Pennystocking Conference, and items from other experts in trading.
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The integrated chat rooms are included in Profit.ly’s array of features and services. You’re probably familiar with the chat room since you can see it across social and messaging platforms in addition to a few special websites that provide live chat assistance. However, in Profit.ly, it is seen as a area where experts and member traders can communicate and learn in real time. Every guru has their own style when it comes to running their chat room and dealing with the listed members. One of them may be more laid back and less engaged, while another could be more active and in touch to their pupils. Consider chatrooms as Profit.ly’s version of a forum, in essence.
Who is the ideal Trader for Profit.ly?
Profit.ly’s variety of offerings and features are geared towards a large variety of stock traders, ranging from novices to the most experienced. Considering the number of offers it can provide, the platform surely has something for every person.
Beginners, for instance, can take advantage of Profit.ly’s collection of educational information available on the platform. In addition, they will get daily videos and chat room advice by its internal gurus as well as their members. Additionally, they can choose from the items in 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’ll be able to realize that the process is a high-stakes game that shouldn’t be treated as an opportunity to make fun of.
For the traders with many years of experience down the line, we see Profit.ly equally suited to them as the newcomers. Although the novices might not be as adept at managing trading however, experienced traders know how it works along with the stack full of risks that come with it. Ideally, they may utilize Profit.ly’s variety of features to their full advantage to improve their trading skills. As beginners, they are able to learn from the top experts and experts and utilize those simple tips and hints throughout the process.
Profit.ly’s ‘all-together’ nature isn’t limited to novices or semi-experienced trader. Experts who have been verified can also participate in the fun! Those in the trading industry who are at the same level as Superman and Tim Sykes can also use the power of Profit.ly’s abilities to show off their expertise to other traders as a way to help guide them through the ever-illustrious trading process. Timothy Sykes Member Login
Profit.ly’s Pros and Pros and
The Pros
- Profit.ly’s numerous capabilities as a “one-stop” stock trading platform enable traders across the globe with an abundance of knowledge communications, trading, and communication tools
- You’ll be provided with excellent lessons and advice from the company’s internal experts, which include collections of educational videos as well as real-time trading activities
- You’re guaranteed transparency throughout Profit.ly with accurate analytics and fellow traders who are ready 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 verifiable trader
- In addition to its primary features, Profit.ly also gives its customers extra options that can be tailored to their individual preferences, for instance, posting trades that are not authentic by taking photographs
- Profit.ly’s diverse range of subscription plans and guru packages are priced at a reasonable cost There’s something for all
The Cons
- Profit.ly’s numerous products and packages offered might not be enough for the majority of its users
- As traders may opt to open any kind of trade, there’s the possibility that some of them could profit from cherry-picking the best trades to boost their rating – this may be a concern that should not be overlooked.
- Profit.ly does not offer refunds as its premium users are expected to immediately benefit from the many features the platform is able to offer
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The Final Verdict: Is Profit.ly Valued?
If we were able to come up with an appropriate answer for this query, it would be yes. But you need to understand that it shouldn’t be treated as a scheme to get rich quick. The platform wasn’t originally meant to be designed in this way. Instead, you should have curiosity. Timothy Sykes Member Login
What we do mean”yes” is that it can be a great learning tool. Those who may be stuck could discover Profit.ly’s range of resources helpful when they try their best to incur lesser loss and perform better than they did before. It’s not only the struggling traders who will benefit from this platform. It can accommodate beginners and even experts in the field!
If you really care about being a better trader and want to learn from your fellows and gurus along the way, then look no further – Profit.ly may be a great alternative to start.
FAQ Timothy Sykes Member Login
What are the best ways to use Profit.ly to make your trades public?
Profit.ly offers an entry section for trades in the “My Trade’ category of the dashboard. It lets you post your trades, verifiable or otherwise. You may choose between three options:
- Linking your account with your brokerage of choice and importing transactions directly through there
- Manually entering your trades using specified spaces and information.
- Upload a screenshot of your trades
How can I tell if the trade is verifiable or not?
If you buy your trade through a reliable brokerage, there is a high chance that it is verifiable. This is indicated with the blue check mark. If you submit the information manually or via pictures, it will be classified as unverified.
The disadvantage of an unverified trade is the possibility of receiving downvotes from colleagues. A large number of downvotes could result in you appearing on the Madoff leaderboard, which is where the public are able to identify who is fraudulent in posting trades.
Is the Profit.ly mobile application still available?
As of the moment, Profit.ly is still available to download via the App Store for Apple and on the Google Play store. The mobile version of the app is compatible with the majority of functioning tablets and smartphones.
How many are using Profit.ly?
Profit.ly is currently home to over 150,000 investors and traders as they not only are seeking to make the most profit but also to help one another develop and grow in their ability to take advantage of opportunities in the stock market all over the world.
