The stock market can be an exciting game with high stakes. On some days, you may have the benefit of positive and satisfying numbers. However, on other days you may experience the opposite and it could be extremely difficult to get back to where you were your most productive. If you’re always in the mud You will need be aware that relying solely on your instincts and preserving may not always be enough.
If you’ve suffered occasional losses You’ll need solid advice from seasoned and tested trading experts. You’re also gonna need a significant boost from your trading partners from all over the globe. That’s why we’ve found a platform that can support you in your improvement in the market. We’ll be taking 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 Miami Fl
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 permits traders of various levels to be informed and accountable, as well as transparent and uplifting with one another through its wide variety of tools and features such as chat rooms, trade verification and a rich library of educational material.
How do I define Profit.ly?
Profit.ly is a trading website that functions as a learning and training platform for people who are starting out as well as a place for experienced traders to track their performance using the aid of sophisticated analytics tools. Providing users with a wide range of resources for trade and communication 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 the social media equivalent to Facebook and Reddit however it is geared towards professionals and traders.
Profit.ly independently checks the performance of trades and publishes all data from them in the form of leaderboards. The platform’s trading model is based on trust and transparency. it guarantees that the trades are authentic and won’t tolerate inauthenticity as much as is humanly possible. It was created many years ago by penny expert in stock trading and investment expert Timothy Sykes, along with fellow expert Michael Mosseri.
One time , during an interview with Forbes publication, Sykes declared 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 concept, he added, served two purposes: 1) keeping track of public data for all traders, not just the gurus, but also the students and newsletter writers as well as) giving everyone on the platform to learn from the losses and wins for the trading industry’s benefit. Timothy Sykes Miami Fl
How Does It Work?
Profit.ly follows a subscription-based model which allows stock traders to gain access to a multitude of features and services aimed towards achieving the success of their business. It is possible to create an account there at no cost, however you’re only limited to having the ability to navigate through the leaderboard and follow the actions of non-gurus. If you’re interested in investing your money to see which stocks the gurus are trading in real-time it is necessary to sign up to one of Profit.ly’s offerings, which we will review in the coming days.
The process of opening an account is easy: create an account that includes your personal information and expertise, connect your brokerage account, and you have yourself an opportunity to make your way up to high on the leaderboard. Profit.ly’s leaders’ board feature as we’ve mentioned earlier was designed to offer its users an insight into how the community of traders performs as well as its gurus. It’s not only a chance to show your worth to a community of traders, as you can also use Profit.ly to buy 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 idea of sharing information about your account with a brokerage, you can choose to publish your trades, either verified or not, via screenshots. Also included in Profit.ly are the vast number of trading classes as well as the ability to look at stats in a trader’s profile as well as other ways to connect with your gurus in the chatroom, in addition to email and text alerts as well as 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 efforts in penny stock trading. According to Investopedia the term “penny stock” is a small business’s stock that trades for under $5 for each share. The penny stock market is a stepping stone for small businesses to transition into a larger market because they can access money from the general public. However, don’t get it wrong – it’s also an extremely risky game, as Sykes can surely tell through his many years of experience.
From his beginnings in the latter years of high school, Tim Sykes has, since then, earned more than $6 million in profit throughout his illustrious career as trader. At the age of 25 Tim Sykes had received greater exposure and an even wider impact as a participant in the reality show “Wall Street Warriors.” He then made use of the show to develop 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 played a role in establishing Profit.ly as a place of transparency, and for the community to lift each other up and compete through the platform.
The Profit.ly Gurus
One of Profit.ly’s sweet inclusions is the variety of educational tools, trade alerts as well as other useful information provided by the platform’s in-house gurus. Gurus are referred to experts in the field of trading who have proven to make substantial amounts of money from their combined years of experience. Timothy Sykes Miami Fl
At its peak, 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 most prominent experts included Connor Bruggermann, Nathan Michaud of Investors Underground, and Triforce as well as a handful of others. As of this writing, only two gurus remain on this platform: the founder of the penny stock market Tim Sykes and veteran smallcap swing trader Paul Scolardi, also known as Superman. In light of that Let’s look at what packaged deals each guru can offer.
From Tim Sykes: Tim’s Alerts
Sykes offers basic stock trading services that focuses on penny-priced day trading with Tim’s Alerts. The cost is $74.95 monthly, you’ll see him focus on the basic stock catalysts and employ them to predict the next moves that could occur when trading.
A standalone purchase of Tim’s Alerts will get you access to the chatroom as well as the mobile app that’s available to iOS as well as Android devices, email, text, and push alerts; and a daily stock watchlist.
from Tim Sykes: The Pennystocking Silver Package
Pennystocking Silver is the premium version, with an upgraded version of Tim’s Alerts program. Priced at $149.95 per month, this is a great option for investors who are involved in the penny-stock market. Pennystocking Silver comes with all the standard features that were included in earlier plans which includes alerts for swing trading and access to a rich collection of more than 7,000 educational videos and new videos released each week.
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The following video is from “Superman” Paul Scolardi: Superman Alerts
Scolardi who is known under the name “Superman,” is a professional in swing trading with an eye for tiny-cap massive stocks as well as wildly accurate marketing forecasts. Through the years since when he first started trading, Superman has amassed over $5.5 million in all-time trading profits. Timothy Sykes Miami Fl
The Superman Alerts plan is his offering of essential features and alerts on trading geared towards those who might be interested. For $147 per month, you’ll gain access to the daily premarket stock watchlist and the mobile app, the daily market commentary in real time, and E-mail and SMS alerts.
From “Superman” Paul Scolardi: Superman Pro
At $247/month, you get additional features, as well as access to an extensive base of knowledge provided by Superman himself, via Superman Pro. Superman Pro package. Alongside the standard features included in the Alerts plan, Superman Pro gives you weekly video lessonsthat include an ever-growing library of the previous ones. Additionally you’ll also gain an access to high-quality research papers as well as 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 leave a mark in the market, Profit.ly has the right amount of tools to get you started. Profit.ly offers three membership levels that cater to traders with different levels. Let’s break down what these three levels are and what they’ll cost you.
Novice Plan
This package for novices is Profit.ly’s beginning-of-the-line plan specifically for people who are brand new to the world of trading. Once you have signed to this plan, you will be immediately provided with a variety of powerful and essential trading tools, all of which is essential to keep your fingers on what can describe as a cutthroat process by itself.
Some of the features you can do with Profit.ly’s Novice package is the ability to confirm trades and track profits as well as leading, following, and even messaging your fellow traders, as well as giving feedback on the trades of today. It also allows you to be onto leaderboards; study your trades, sort as well as filter trades; and, finally, see other people’s statistics.
The Novice plan will cost $29.95 per month. Although it might look appealing just by the price, there is a downside. You aren’t able to create a personal profile, which makes your personal information public. If you do want to gain an account with this option, be watching for us to introduce to you Profit.ly’s next plan.
The Trader Plan
The Trader plan allows users to benefit from many of the features of The Novice package. This plan allows that you are able to create an account that is private to share with other associate users all your knowledge and intel in this trading group.
The price is $49.95/month, Profit.ly’s Trader plan is exactly what it says: Cater people who want to harness their trading skills. Although it’s a nice thing but there’s one important aspect that’s not included. As opposed to the prior Novice package, you will not be able to view other traders’ stats, which could be a problem for those who are eager to try this new tier. Timothy Sykes Miami Fl
Pro Plan
The Professional plan can be described as the highest expensive plan Profit.ly can offer to experienced traders. It costs $74.95 each month which includes an additional 22% discount when billed annually This plan offers it all. You get full, no-holds-barred access to all features of the previous plans combined.
Not only do you get to view other people’s stats and data, but you also have the opportunity to create an individual profile. Both of these features, plus the other advantages you’ll be able to use to the maximum extent. If you’re looking for an account that will give you with everything you require as a skilled trader, maybe the Pro tier could be ideal for you!
Profit.ly’s Other Services
In addition to the training tools and the leadersboards Profit.ly provides a variety of additional services that it can provide. One of them is the online store, which lets users select from a variety of instructional videos that are that are designed to educate and help you understand the ins and outs of trading. All of the products featured in this section of the site can be bought immediately for your personal use. Among these products include best-sellers such as the “Trading Tickers” series by trader professional Tim Grittani, Timothy Sykes’s collection of DVDs and streaming-only content related to short stocking, penny stocking, and all other related to trading, videos and clips taken from the Annual Pennystocking Conference, and products from other expert traders.
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Chat rooms integrated into Profit.ly are as well part of Profit.ly’s variety of services and features. You are probably familiar with the concept of the chat room since you can see it across social and messaging platforms, and also on a few specialty websites that provide live chat support. But on Profit.ly, it is seen as a area where experts and members trade and exchange knowledge in real-time. Every guru has their own style in running their chat rooms and dealing with the members there. One might be a laid-back person who is rarely active, while another might be more interactive and online with their students. Think of chat rooms as Profit.ly’s version of a forum, in its essence.
Who is the best trader to Profit.ly?
Profit.ly’s variety of offerings and features cater to a large variety of stock trader types, from novices to experienced professionals. Given the wide range of options it has to offer it is certain to have something for every person.
Beginners, for instance, can take advantage of Profit.ly’s knowledge-based information available on the platform. In addition, they will be provided with videos every week and chat room advice from the in-house experts as well as their members. They’ll also be able pick from the merchandise available from its online store that they can take with them wherever they go. Additionally, they can gain practical experiences from trading within 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 those traders who have had years of exposure down the line, we believe Profit.ly equally suitable for them as it is for people who are just beginning. While novice traders may not be as well-equipped with dealing with trading issues but the experts already know how it works along with the risky mix associated with it. Ideally, they may make use of Profit.ly’s variety of features to their best advantage to improve their trading skills. As beginners, they are able to study from the gurus as well as experts, and take advantage of simple tips and hints to help them along.
Profit.ly’s ‘all-together’ nature does not only apply to beginners and semi-experienced traders. Experts who have been verified can also participate in the fun! Trade professionals who are on similar levels to Superman as well as Tim Sykes can also use the power of Profit.ly’s capabilities to display their expertise to other traders as a way to guide them through the ever-illustrious trading process. Timothy Sykes Miami Fl
Profit.ly’s Pros and Pros and
The Pros
- Profit.ly’s many capabilities as a “one-stop’ stock trading platform allows it to provide traders everywhere with a wealth of education communications, trading, and communication tools
- You will be provided with excellent lessons and tips from the inside experts, as well as collections of educational videos as well as real-time trading activities
- You’re assured of transparency throughout Profit.ly with accurate analytics and fellow traders that are waiting to reach you out whenever something happens
- The platform’s leaderboard feature gives you the chance to establish your credibility as a trustworthy and verifiable trader
- Apart from its core abilities, Profit.ly also gives its customers extra options that can be tailored to their needs, like posting trades that are not authentic by taking photographs
- Profit.ly’s diverse range of packages and subscription levels are priced at a reasonable cost There is truly something for all
The Cons
- Profit.ly’s numerous products and packages offered might be too much for most of its customers
- If traders decide to post any kind of trade, there is the possibility that some of them will profit by picking the most profitable trades to improve their ratings – this may be a concern that should not be simply overlooked
- Profit.ly does not offer 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 Concluding Question: Is Profit.ly Valued?
If we were able to come up with an answer to this question, it’s yes. However, you must realize that the platform should not be used 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 an open mind. Timothy Sykes Miami Fl
What we are referring to”yes” is that it could be a useful learning tool. For those who are struggling, they may discover Profit.ly’s array of resources helpful in their efforts to incur lesser losses and perform better than before. It’s not just the poor traders that can profit from the platform. It will be able to accommodate beginners as well as even experts in the field!
If you truly desire to be better at trading and wish to learn from your peers and experts throughout the process, then look no further – Profit.ly could be a good alternative to start.
FAQ Timothy Sykes Miami Fl
How can you make use of Profit.ly to post your trades?
Profit.ly includes an entry section for trades in the ‘My Trade section of the dashboard that allows you to post your trades, either verified or otherwise. You may choose between three options:
- Linking your account to the brokerage of choice and then importing trades directly from there
- Manually entering your trades using provided spaces and specifics
- Take a photo of your trades
How can I tell whether the trade is authentic or not?
If you purchase your trade through a reliable brokerage, there is the chance that it is verifiable. This is indicated with the small blue check. If you submit the information manually or via images, it will be assigned as unverified.
The disadvantage of an unauthenticated trade is the risk of receiving downvotes from friends and colleagues. If you receive too many negative votes, it could cause you to show up in the Madoff leaderboard, which is where the public are able to identify who is untruthful in submitting trades.
Are the Profit.ly mobile app still available?
As of this writing, Profit.ly is still available for download on the Apple App Store as well as the Google Play store. The mobile version of the app works with all working smartphones and tablets.
How many are connected to Profit.ly?
Profit.ly is currently home to over 150,000 investors and traders because they are not just looking to earn maximum profits but also help each other develop and grow in their ability to take advantage of opportunities in the stock market all over the world.
