The stock market can be an exciting game with high stakes. Some days, you may have the benefit of pleasing and positive numbers. On other days, the opposite may happen and it can be extremely difficult to return to the point you were at your peak. If you’re immersed in the water, you will have 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 an enormous boost from your colleagues in the market from all over the world, which is why we’ve found an online platform that will help you in your improvement within the field. In this review, we’ll take a look at Profit.ly, a well-recognized one-stop 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 Mentoring Program
Value: 4.1/5
Quality: 4.1/5
Costs: 4.1/5
The User’s Experience 4.5/5
Summary
Profit.ly is an online trading platform that allows traders of various levels to be informative responsible, transparent, and to build relationships with each other by offering a wide variety of tools and features such as trade verification, chat rooms as well as an extensive library of educational content.
What is Profit.ly?
Profit.ly is a trading website that serves both as a training and learning platform for traders who are starting out and also as a platform for traders with experience to keep track of their performance with the help of sophisticated analytics tools. Offering users a broad variety of tools to facilitate trade and communication, it helps traders from all walks of life connect with each other. It also allows gurus to make worthwhile investments within the confines that the site. Imagine it as a social media site akin the likes of Facebook and Reddit, but for experts and traders.
Profit.ly independently validates trade performance and then publishes the information from them in the form of leaderboards. The platform for trading is built on trust and transparency. it ensures that the trades are authentic and won’t allow for fraud as much as is humanly possible. It was established years ago by the penny stock trade expert and investment expert Timothy Sykes, along with the other expert Michael Mosseri.
In an appearance in Forbes publication, Sykes stated that Profit.ly was motivated by its focus “on showing all trades, something that has never been previously done.” The idea Sykes said served two goals: 1.) keeping track of public data for all traders, not just the gurus, but also the newsletter writers and students, and 2) making it possible for all users to gain insight into both the wins and losses to benefit the industry of trading. Timothy Sykes Mentoring Program
How Does It Work?
Profit.ly follows a subscription-based model which allows stock traders to benefit from a variety of services and features geared towards achieving achievement. You may set up an account for free, but you’re only limited to having access to the leaderboard and observe the activities of people who aren’t gurus. If you’re ready to invest your money and see what stocks the experts are trading in real-time, you will need to sign up to one of Profit.ly’s offerings, which we will go over shortly.
The process of opening an account is simple: Create an account that includes your personal information and knowledge, then connect to your brokerage account, and you have yourself an opportunity to make your way up to the top of the leaderboard. Profit.ly’s leaderboard feature, as mentioned previously was designed to offer its users a glimpse of how the community of traders performs as well as its gurus. It’s not only a chance to show your worth to a large group of traders. You are also able to use Profit.ly to buy from a guru with the confidence that you are confident with their expertise and the legitimacy of their assertions.
If you are unsure about the idea of divulging your brokerage account, you may decide to share your trades, whether verified or not, by taking pictures. In Profit.ly is the huge selection of courses in trading and the capability to see statistics on a person’s profile, and more ways to connect with your gurus through the chatroom in addition to text and e-mail alerts and updates.
> > Click Here to Check Out Profit.ly < <
Meet Tim Sykes, the founder: Tim Sykes
Timothy Sykes is a well-renowned day trading guru who has been famously known for his efforts in trades in penny stocks. According to Investopedia the term “penny stock” refers to a small company’s stock that trades for less than $5 per share. The trading of penny stocks could be viewed as an opportunity for small businesses to transition to a market that is larger as it allows them to access capital from the general public. However, don’t get it wrong – it’s also an extremely risky activity, as Sykes is sure to reveal thanks to his years of experience.
From his beginnings at the end of his time in high school, Tim Sykes has, since then, earned over $6 million of earnings through his lengthy career as trader. 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 TV show “Wall Street Warriors.” He then made use of the show to establish trading rooms, 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 to allow the community to rise and compete on the platform.
The Profit.ly Gurus
One of Profit.ly’s amazing features is the wide range of educational sources, trade alerts as well as other useful information provided by the company’s internal gurus. These gurus refer to the trading experts who have made substantial amounts of money from their combined years of knowledge. Timothy Sykes Mentoring Program
At its peak, Profit.ly had housed up to five gurus, all of them an expert in their field of expertise within the world of trading. Some of the most famous experts were 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 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 what packaged deals each guru offers.
From Tim Sykes: Tim’s Alerts
Sykes provides an essential stock trading service which focuses on penny-stock day trading via Tim’s Alerts. Costing $74.95 monthly, you will see him focus on the basic stock catalysts and employ them to predict 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 for iOS and Android devices, as well as text, e-mail and push alerts and a daily stock watchlist.
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 for a month it is a great option for those who are more involved in the penny-stock market. Pennystocking Silver includes all the basic features found in prior plans, such as swing trading alerts as well as unlimited access to a rich library of over 7,000 educational videos that are updated each week.
> > Click Here to Check Out Profit.ly < <
From “Superman” Paul Scolardi: Superman Alerts
Scolardi, who goes by the alias “Superman,” is a trader who has an eye for massive stocks of the small-cap size and insanely accurate marketing forecasts. Since the time he started trading, Superman has amassed over $5.5 million in all-time trading earnings. Timothy Sykes Mentoring Program
The Superman Alerts plan is his offer of the most 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 along with the mobile app, the daily market commentary in real time, and email and SMS alerts.
The film “Superman” Paul Scolardi: Superman Pro
For $247 per month, you can enjoy additional features, as well as access to an extensive base of knowledge of information provided by Superman himself through Superman Pro. Superman Pro package. Alongside the standard features that are included in the Alerts package, Superman Pro gives you weekly video lessons, including a growing library of all previous lessons. On top of that you’ll also gain access to premium research reports as well as an IPO as well as earnings tracking tool.
Profit.ly plans and costs
If you’re eager to join the trading community on the internet and leave a mark in the industry, Profit.ly has the right amount of tools to get you going. The platform offers three membership tiers that are designed to accommodate traders at different levels. Let’s break down what these three are and how much they will cost you.
Novice Plan
The package called Novice is Profit.ly’s basic plan that is designed specifically for those who are just beginning their journey to the trading world. As you sign up for this package, you will be immediately offered a range of strong and essential trading tools, each of which is essential to keep your fingers on what can describe as a cutthroat process in and of itself.
Among the list of things you can accomplish with Profit.ly’s Novice package is the ability to verify the results of your trades and track profit as well as leading, following, and even messaging other traders; and leaving feedback on today’s trades. You’re also allowed to get on leaderboards; analyze, sort, or filter the trades you make; and lastly, look at other’s stats.
The Novice plan costs $29.95 per month. Although it might look appealing just by the price however, there’s a drawback. You aren’t able to create a personal profile, which makes your actions public. If you’re interested in gain an account with this option, keep an eye on us as we present to you Profit.ly’s next plan.
The Trader Plan
The Trader plan allows you to use the majority of features available in The Novice package. This plan allows that you can create an individual profile that allows you to share with fellow associate users all the insights and information you have gained from trader’s community.
The price is $49.95/month, Profit.ly’s Trader plan does what the name suggests catering for those looking to harness their trading skills. While it’s nice but there’s one important aspect that’s not included. Unlike the previous Novice package, this one won’t be able to view other traders’ statistics, which could be a problem for those anticipating this level. Timothy Sykes Mentoring Program
Pro Plan
The Professional plan can be described as the most luxurious package Profit.ly offers to experienced traders. With $74.95 each month with an additional 22% discount when billed annually This plan offers it all. You will have full, unrestricted access to all features from the two prior plans.
You’re not only able to look at other people’s statistics, but you’re also given the option of creating a private profile. These two features are in addition to the advantages that you can utilize to the fullest potential. If you’re looking for an account that will give all the features you need to be a skilled trader, maybe the Pro tier could be the right choice for you!
Profit.ly’s Other Services
Apart from the trainer tools and leadersboards Profit.ly has a few more services it has to offer. One of them is the online store, where customers can choose from a wide array of instructional videos that are designed to inform and provide guidance on the nuances and pitfalls of trading. The products listed in this section of the site can be bought immediately for your personal use. These include best-selling products like the “Trading Tickers” series from trading professional Tim Grittani, Timothy Sykes’s collection of DVDs and streaming-only content related to penny stocking, short stocking, and all other related to trading, videos and clips taken from the Annual Pennystocking Conference, and items from other experts in trading.
> > Click Here to Check Out Profit.ly < <
The chat rooms that are integrated are as well part of Profit.ly’s variety of features and services. You may be familiar with the concept of chat rooms since you can see it across social and messaging platforms, and also on a few specialty websites that provide live chat assistance. But on Profit.ly the chat room is viewed as a hands-on place where gurus and their members can interact and exchange knowledge in real-time. Every guru has their own style in running their chat rooms and dealing with the members. Some may be laid back and rarely active, while another may be more online and communicative to their pupils. Consider chat rooms as Profit.ly’s version of the forum, in essence.
Who is the Ideal Trader for Profit.ly?
Profit.ly’s variety of offerings and features are geared towards an array of stock trader types, from beginners to experienced pros. With the variety of deals it offers this platform definitely has something for everyone.
Beginners, for instance, will enjoy Profit.ly’s library of learning information available on the platform. Not only will they be enriched with weekly videos and chat room advice by its internal gurus as well as their members. They’ll also be able select from the products in its online store for them to take wherever they may be. You can also get hands-on experiences by trading through the platform, however, they will soon learn that trading is a risky game that shouldn’t be taken as an opportunity to make fun of.
For traders who have years of exposure down the line, we see Profit.ly equally suited to the newcomers. While novice traders may not be as well-equipped with dealing with trading issues, the pros already understand the way it functions and the stack full of risks associated with it. It is ideal to utilize Profit.ly’s variety of options to their maximum advantage to develop their trading abilities. Like novices, they can learn from the top experts as well as experts, and take advantage of short tips and tricks along the way.
Profit.ly’s ‘all-together’ nature does not only apply to beginners or semi-experienced trader. Certified experts can also take part in the excitement! Trade professionals who are at an equal level with Superman or Tim Sykes can also use the power of Profit.ly’s abilities to show off their expertise to other traders in order to assist them in the ever-changing trading process. Timothy Sykes Mentoring Program
Profit.ly’s Pros and Cons
The Pros
- Profit.ly’s many capabilities as a ‘one-stop’ platform for trading stocks allows it to provide traders everywhere with tons of learning tools, communication, and trading tools
- You get to receive excellent training and tips from the inside experts, as well as libraries of educational videos and trading in real-time.
- You’re assured of transparency throughout Profit.ly by using accurate data and fellow traders that are waiting to reach you out if something occurs.
- The leaderboard feature on the platform gives you the chance to establish your reputation as a reliable and verifiable trader
- In addition to its primary capabilities, Profit.ly also gives its customers additional options to meet their needs, like posting trades that are not authentic by taking images
- Profit.ly’s wide array of subscription plans and guru packages are priced at affordable rates There’s something for all
The Cons
- Profit.ly’s abundance of packages and products offered may not be enough for the majority of its customers
- Since traders can choose to open any kind of trade, there is a possibility that some of them will profit by cherry-picking the best trades to increase the rating this could 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 number of features the platform is able to provide
> > Click Here to Check Out Profit.ly < <
The Final Verdict is: Is Profit.ly worth it?
If we could think of the answer, it’s an affirmative “yes”. However, you must realize that it shouldn’t be treated as a quick-fix scheme to make money. The platform was not always meant to be designed in this way. Instead, it is best to keep curiosity. Timothy Sykes Mentoring Program
What we do mean by ‘yes’ is that it could be a useful learning tool. For those who are struggling, they could discover Profit.ly’s range of resources to be helpful when they try their best to incur lesser 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!
So, if you genuinely desire to be a better trader and want to be taught by your peers and experts on the way, take a look at Profit.ly. Profit.ly could be a good choice to start.
FAQ Timothy Sykes Mentoring Program
How do you use Profit.ly to post your trades?
Profit.ly offers the option of allowing trade entries under the ‘My Trade’ category of the dashboard which lets you post your trades that are verified or otherwise. You may choose between three options:
- 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 if the trade is verifiable or not?
If you buy your trade from a trusted brokerage, there is an excellent likelihood that it can be verified. This is indicated with the small blue check. If you post it manually or through screenshots, it will automatically be classified as unverified.
The disadvantage of an unauthentic trade is the chance of getting downvotes from your colleagues. If you receive too many negative votes, it could cause you to be listed at the top of the Madoff leaderboard, where users are able to identify who is dishonest in posting trades.
Is the Profit.ly mobile app still in use?
At the time of writing, Profit.ly is still available to download from the Apple App Store as well as the Google Play store. The mobile version of the app is compatible with the majority of working smartphones and tablets.
How many people are currently connected to Profit.ly?
Profit.ly currently houses more than 150,000 traders and investors, since they’re not just looking to earn maximum profits but also assist each other to grow and learn more about acquiring opportunities on the stock market all over the world.
