Stock trading is a high-stakes game. On certain days, you may enjoy the benefits of positive and satisfying numbers. On other days, however it could be the reverse and it can be very difficult to get back to the point you were at your best. If you are immersed in the water it is important to realize that relying on instinct and survival might not be enough.
If you’ve experienced loss from time to time You’ll need sound advice from tried-and-tested trading experts. You’re also gonna need an important boost from fellow traders from around the globe. That’s why we’ve identified an online platform that will help you to improve your performance within the field. This review will be taking an in-depth 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.
Total Rating: 4.1/5 Timothy Sykes Mentorship
Value: 4.1/5
Quality: 4.1/5
Costs: 4.1/5
User Experience: 4.5/5
Summary
Profit.ly can be described as an online platform for trading that enables traders of different levels to be knowledgeable responsible, transparent, and encouraging one another through its wide range of features and tools like chat rooms, trade verification as well as an extensive library of educational content.
What exactly is Profit.ly?
Profit.ly is a site for trading that serves both as a learning and training platform for those who are just beginning their journey and also as a platform for traders who are experienced to monitor their performance through the use of cutting-edge analytics tools. Providing users with a wide range of resources for communication and trade that help traders from every field of business connect with each other. It also allows gurus to make worthy investments within the boundaries of the platform. Consider it a social media site akin to Facebook and Reddit but with a focus on 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 makes sure that trades are authentic and won’t allow for fraud as much as is humanly possible. It was established years ago by the penny expert in stock trading and investment guru Timothy Sykes, along with fellow expert Michael Mosseri.
One time during his appearance in Forbes magazine Sykes declared that Profit.ly was driven by its focus “on showing the entire spectrum of trades, something which has never been done before.” The idea, he added, served two objectives: one) creating public track records for all traders, not just the gurus as well as students and newsletter writers, and 2) allowing everyone on the platform to gain insight into both the wins and losses to benefit the industry of trading. Timothy Sykes Mentorship
How Does It Work?
Profit.ly follows a subscription-based model that allows stock traders to have access to a range of tools and services that are geared at achieving the success of their business. You may set up an account on the site at no cost, however you’re only given the capability to browse the leaderboard and observe the activities of people who aren’t gurus. If you’re ready to invest your money to see what stocks the experts are trading in real-time, you will need to join one of Profit.ly’s deals that we’ll review in the coming days.
The process of opening an account is simple: Create an account with your experience and knowledge, then connect your brokerage account, and you have yourself a chance to shoot through at the very top of the list. Profit.ly’s Leaderboard function, which was we’ve mentioned earlier it is designed to provide its users an insight into the performance of the trading community and its gurus. It’s not just a way to demonstrate that you’re worthy to the large group of traders. You are also able to use Profit.ly to purchase with a guru, and have the assurance that you’re confident in their skills and the credibility of their assertions.
If you feel uneasy with the idea of sharing your brokerage account, you may decide to share your trades, either verified or not, via pictures. Also included in Profit.ly is the huge selection of trading courses as well as the ability to look at the stats of a trader’s account as well as other ways to communicate with your gurus through the chatroom along with notifications via email or text as well as updates.
> > Click Here to Check Out Profit.ly < <
Meet Tim Sykes, the founder: Tim Sykes
Timothy Sykes is a well-renowned day trader who is famously known for his involvement in the penny-stock market. According to Investopedia, a penny stock refers to a small company’s stock which trades at just less than 5 cents per share. The trading of penny stocks can be seen as an avenue for small companies to move to a market that is larger as it gives them access to funds from the general public. However, don’t get it wrong – it’s also an extremely risky activity, as Sykes will be able to tell you because of his decades of experience.
Beginning at the end of his time in the high schools, Tim Sykes has, since then, made more than $6 million in profits during his long and successful career as a trader. At 25 years old Tim Sykes had received greater exposure and an even wider impact as a participant in the reality show “Wall Street Warriors.” He took advantage of it to create trading rooms as well as penny stock themes and educational content geared toward those who are just beginning to learn about the trading field. He also helped establish Profit.ly as a place for transparency, and for the community to lift each other up and compete with each other through the platform.
The Profit.ly Gurus
One of Profit.ly’s amazing features is the vast array of education tools, 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 profits through their years of experience. Timothy Sykes Mentorship
At its peak, Profit.ly had housed up to five gurus. Each of them a professional in their field of expertise within the world of trading. Some of the most prominent experts included Connor Bruggermann, Nathan Michaud of Investors Underground, and Triforce among 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. With that taken into consideration Let’s look at what packaged deals each guru offers.
From Tim Sykes Tim Sykes: Tim’s Alerts
Sykes provides a basic stock trading service with the main priority being penny stock day trading through Tim’s Alerts. Costing $74.95 per month, you will see him focus on the basic stock catalysts and employ them to forecast the next moves that could occur when making trades.
A purchase on its own of Tim’s Alerts will get you access to the chatroom, as well as the mobile application that is available on iOS and Android devices; text, e-mail, and push alerts; and a daily stock watchlist.
Tim Sykes: From Tim Sykes: The Pennystocking Silver Package
Pennystocking Silver is the most premium version, with an upgraded version of Tim’s Alerts package. At $149.95 per month, it is the perfect plan for those who are committed to penny stock trading. Pennystocking Silver offers all the essential features found in the previous plan, which includes alerts for swing trading and access to a library of more than 7,000 instructional videos, with new ones released each week.
> > Click Here to Check Out Profit.ly < <
From “Superman” Paul Scolardi: Superman Alerts
Scolardi who is known under the name “Superman,” is a swing trading professional with an eye for both massive stocks of the small-cap size and insanely accurate marketing forecasts. In the time since the time he started trading, Superman has amassed over $5.5 million in all-time trading earnings. Timothy Sykes Mentorship
The Superman Alerts plan is his offer of the most essential features and trading alerts geared to those interested. For $147 per month, you’ll gain access to the daily stock watchlist that is premarket and the mobile app, the daily market commentary shown in real-time, and SMS and e-mail alerts.
From “Superman” Paul Scolardi: Superman Pro
At $247/month, you get additional features, plus access to a knowledgeable base of information provided by Superman himself, via his Superman Pro package. In addition to the basic features included in the Alerts plan, Superman Pro gives you weekly video lessons, including the growing collection of other previous ones. In addition you’ll also have an access to high-quality research papers and the 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 make a mark on the industry, Profit.ly has the right amount of tools to get you started. Profit.ly offers three membership levels that cater to traders at different levels. Let’s break down what these 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’ll be offered a range of strong and indispensable trading tools, all of which is essential to keep your hands on what we can describe as a cutthroat procedure in its own.
The list of features you can do with Profit.ly’s Novice package is the ability to verify trades and track profits and follow-up, leading and even texting your fellow traders; and leaving feedback on today’s trades. You’re also allowed to get on leaderboards; analyze, sort, and filter your trades and, lastly, view other people’s statistics.
The Novice plan will cost $29.95 per monthly payment. Although it might look appealing for the price alone however, there’s a drawback. You aren’t able to create a personal profile, thus making your personal information public. If you’re interested in get the benefit of this service, you should keep an eye on us as we present to you Profit.ly’s next plan.
The Trader Plan
The Trader package lets you to use the majority of features available in the Novice plan. In this plan, that you can create an individual profile that allows you to share with other associate users all the insights and knowledge you gain from trader’s community.
Priced at $49.95/month, Profit.ly’s Trader plan does what the name suggests caters to those who desire to harness their trading skills. While it’s nice, 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’ stats, which might be a drawback for those who are looking forward to this tier. Timothy Sykes Mentorship
Pro Plan
The Professional plan can be described as the most expensive plan Profit.ly can offer to experienced traders. It costs $74.95 monthly, and a 22% discount for annual billing the Pro plan has it all. You get full, no-holds-barred access to all features from the two previous plans.
Not only do you get to view other people’s stats as well, you’re also offered the opportunity to create an individual profile. Both of these options, plus the other advantages that you can utilize 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 trainer tools and leadersboards Profit.ly provides a variety of more services it has to provide. One of those is its online store, which allows users to choose from a wide array of video products that are designed to educate and provide guidance on the nuances and pitfalls of trading. The products listed on this page of the website can be immediately purchased for personal use. These include best-selling products such as”Trading Tickers,” the “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 aspects of trading. There are also clips and footage taken from The Annual Pennystocking Conference, and other products by expert traders.
> > Click Here to Check Out Profit.ly < <
The chat rooms that are integrated are also part of Profit.ly’s range of services and features. You’re probably familiar with the chat room as you can see it across messaging and social platforms, in addition to a few special websites that offer live chat support. But in Profit.ly the chat room is viewed as a real-time space where experts and their members trade and share knowledge in real-time. Every guru has their own style in running their chat rooms and dealing with the members there. One might be laid back and less active, while another might be more online and communicative to their pupils. Consider chat rooms as Profit.ly’s version of the forum, in its essence.
Who is the best trader to Profit.ly?
Profit.ly’s variety of offerings and features cater to the wide range of stock traders, from novices to experienced professionals. Given the wide range of options it offers, the platform surely has something for everyone.
For instance, newbies can take advantage of Profit.ly’s knowledge-based information available on the platform. Not only will they be provided with videos every week and chat room tips from the in-house experts as well as their members. They’ll also be able choose from the items on its store online that they can take with them wherever they may go. They can also gain hands-on experience trading on the platform, but ultimately they’ll be able to realize that trading is a risky game that should not be viewed as a joke.
For those traders who have had many years of experience down the road, we consider Profit.ly equally suitable to those who are just starting. While novice traders may not be as adept at handling trading matters, the pros already understand how it works and the stack full of risks that come with it. It is ideal to use Profit.ly’s array of features to their best advantage to improve their trading abilities. Like beginners, they can learn from the top experts and experts and utilize those short tips and tricks along the way.
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 excitement! People in the trade industry who are on an equal level with Superman and Tim Sykes can also use up Profit.ly’s capabilities to showcase their skill to others as a way to guide them through the ever-illustrious trading process. Timothy Sykes Mentorship
Profit.ly’s Pros and Cons
The Pros
- Profit.ly’s many capabilities as a “one-stop” platform for trading stocks allows traders from all over the world with a wealth of education communications, trading, and communication tools
- You will be provided with excellent lessons and tips from the in-house gurus, including video libraries that teach you how to learn and live trading activity.
- You can be sure of complete transparency through Profit.ly by using accurate data as well as other traders who are ready to reach you out if something occurs.
- The platform’s leaderboard feature gives you a way to build your reputation as a reliable and authentic trader
- Apart from its core capabilities, 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 wide array of subscription levels and guru packages are priced at reasonable prices There’s something for all
The Cons
- Profit.ly’s bountiful stream of packages and services offered could seem overwhelming for most 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 picking the most profitable trades to boost their rating this could be a concern that should not be simply overlooked
- Profit.ly does not offer refunds, as the premium customers are expected to immediately benefit from the many features the platform is able to offer
> > Click Here to Check Out Profit.ly < <
The Final Verdict is: Is Profit.ly Worth It?
If we could come up with the answer, it’s a ‘yes’. However, you must realize that it shouldn’t be treated as a quick-fix scheme to make money. The platform wasn’t originally meant to be designed in this way. Instead, you should have an open mind. Timothy Sykes Mentorship
What we do mean”yes” is it could be a useful learning tool. People who are stuck might be able to find Profit.ly’s array of resources useful as they do their best to incur lesser losses and perform better than they did before. Not only poor traders that can benefit from the platform. It can accommodate beginners and even experts in the field!
If you truly want to become better at trading and wish to learn from your fellows and gurus throughout the process, then you should look no further than Profit.ly. Profit.ly is a fantastic choice to start.
FAQ Timothy Sykes Mentorship
How do you use Profit.ly to make your trades public?
Profit.ly has a trade entry portion within the ‘My Trade category on the dashboard. It lets you post your trades, either verified or not. There are three choices:
- Linking your account to the broker of choice and import transactions directly through there
- Manually entering your trades into provided spaces and specifics
- Take a photo of your transactions
How can I tell whether the trade is authentic or not?
If you purchase your trade through a reliable brokerage, there’s an excellent probability that it’s verifiable. This is evident by the blue check mark. If you post it in a manual way or by taking screenshots, it will automatically be classified as unverified.
The downside of having an unverified trade is the chance of getting downvotes from your friends and colleagues. Too many downvotes may result in you appearing on the Madoff leaderboard, where users can detect who’s being fraudulent in posting trades.
Does the Profit.ly mobile app still available?
As of this writing, Profit.ly is still available to download via the App Store for Apple and in the Google Play store. The mobile app version works with all working smartphones and tablets.
How many people are on Profit.ly?
Profit.ly currently houses more than 150,000 traders and investors, because they are not just seeking to make the most profit but also help each other develop and grow in their ability to take advantage of opportunities on the stock market left and right.
