The stock market can be an extremely risky game. On some days, you may be reaping the benefits of positive and satisfying numbers. On other days it could be the reverse, and it may sometimes be extremely difficult to return to where you were your peak. If you’re immersed in the water, you will have 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. You’re also gonna need a significant boost from your fellow traders from around the world, which is why we’ve found an option that can help you in your growth within the field. This review will be taking an in-depth look at Profit.ly A well-respected 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. Do check out our article below, however, because it has a comprehensive overview of Profit.ly.
Overall Rating: 4.1/5 Timothy Sykes Millionaire Program
Users Experience 4.5/5
Profit.ly offers an internet-based trading service that enables traders of all levels to be knowledgeable, transparent, accountable, and encouraging each other through its broad 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 site that functions as a learning and education platform for people who are just beginning their journey and also as a platform for traders with experience to keep track of their performance through the use of sophisticated analytics tools. It provides users with a vast array of options to facilitate trade and communication, it helps traders from every field of business connect with one another. It also allows gurus to make worthwhile investments within the confines that the site. Think of it as an online social media platform similar like Facebook and Reddit however it is geared towards experts and traders.
Profit.ly independently checks the performance of trades and posts all the data from them in the form of leaderboards. The trading platform is built on trust and transparency. it ensures that the trades are authentic and won’t accept fake news as long as possible. It was founded many years ago by penny stock trade expert and investment expert Timothy Sykes, along with his colleague Michael Mosseri.
In an interview with Forbes magazine Sykes declared that Profit.ly was based “on showing the entire spectrum of trades, something which was never prior to.” The concept, he added, served two objectives: one) making public records for all traders, not just the gurus as well as newsletter writers and students and secondly) allowing all users to gain insight into both the wins and losses to the benefit of the trading industry. Timothy Sykes Millionaire Program
How Does It How Does It
Profit.ly follows a subscription-based model that allows stock traders to gain access to a multitude of tools and services that are geared at achieving success. You may set up an account for free, but you’re only given the capability to browse the leaderboard and follow the activities of people who aren’t gurus. If you’re looking to invest your money and see what stocks the experts are trading in real-time You’ll need to subscribe to any of Profit.ly’s offerings that we’ll review in the coming days.
Making an account simple: Create an account with your experience and knowledge, then connect your brokerage account, and you’ll be given a chance to shoot your way to at the very top of the list. Profit.ly’s leaderboard feature, as mentioned previously it is designed to provide its users an insight into the performance of the trading community as well as its experts. It’s not only a chance to show value to a large group of traders. You can also use Profit.ly to purchase with a guru, and have the assurance that you’re confident of their knowledge and the veracity of their assertions.
If you feel uneasy with the concept of leaking information about your account with a brokerage, then you could decide to share your trades, either verified or not, by taking pictures. Included in Profit.ly are a variety of trading classes as well as the ability to look at the stats of a trader’s account and other methods to interact with your experts through the chatroom as well as 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 trading personality who is famously known for his involvement in penny stock trading. According to Investopedia Penny stock refers to a small-sized company’s shares that trade for less than $5 per share. The penny stock market could be viewed as an avenue for small companies to move to a market that is larger as it allows them to access capital from the public. But don’t make the mistake of thinking that it’s also a high-risk game, which Sykes will be able to tell you through his many years of experience.
Beginning at the end of his time in the high schools, Tim Sykes has, since then, earned over $6 million of profits throughout his illustrious career as trading professional. At the age of 25 Sykes was given more exposure and a wider influence over time as a participant in the reality show “Wall Street Warriors.” Then, he made use of the show to develop trading rooms as well as penny stock themes as well as educational content targeted at people who are brand new to trading. He also helped establish Profit.ly as a platform for openness, and for the community to uplift and compete through the platform.
The Profit.ly Gurus
One of Profit.ly’s amazing features is the variety of learning sources, trade alerts as well as other useful information provided by the platform’s in-house gurus. Gurus are referred to the experts in trading who have earned substantial amounts of money through their years of expertise. Timothy Sykes Millionaire Program
At its peak, Profit.ly had housed up to five gurus. Each of them an expert in their field of expertise in the field of trading. Some of the most prominent experts included 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 the platform: the founder as well as 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 has to offer.
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. At $74.95 monthly, you’ll be able to observe him focus on basic stock catalysts and employ them to anticipate the next move that is possible when making trades.
A purchase on its own in Tim’s Alerts will get you access to the chatroom as well as the mobile app available to iOS as well as Android devices, as well as 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. At $149.95 per month, this is the perfect plan for those who are more committed to the penny-stock market. Pennystocking Silver includes all the basic features of prior plans, including alerts for swing trading and access to an extensive library of more than 7,000 instructional videos that are updated weekly.
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In “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. Since the time he started trading, Superman has amassed over $5.5 million in total trading earnings. Timothy Sykes Millionaire Program
The Superman Alerts plan is an offering of essential 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 app, the daily market updates in real-time, as well as email and SMS alerts.
In “Superman” Paul Scolardi: Superman Pro
For the price of $247, you receive additional features, plus access to an extensive base of knowledge provided by Superman himself, via his Superman Pro package. In addition to the basic features included in the Alerts package, Superman Pro gives you daily video lessons, which include an ever-growing library of the previous ones. Additionally, you’ll also get access to premium research reports and the IPO or earnings monitor.
Profit.ly Programs and Costs
If you’re ready to join the world of online trading and make a mark on the field, Profit.ly has the right amount of tools to get you going. The platform has three membership levels, each designed for traders with different levels. Let’s take a look at what these three tiers are and how much they will cost you.
The package called Novice is Profit.ly’s basic plan that is designed specifically for people who are brand new to the world of trading. As you sign up for this package you’ll be given a slew of robust and vital trading tools, all one of them essential in keeping your fingers on what could call a ruthless process in and of itself.
Among the list of things you can accomplish using 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 your fellow traders; and providing feedback on trades today. You can also get on leaderboards, analyze the results of your analysis, sort, and filter your trades and, finally, see the statistics of other traders.
The Novice plan will cost $29.95 per month. Although it looks attractive simply because of the price however, there’s a drawback. You aren’t able to create a personal profile, which makes your activities publicly available. If you’re interested in have access to this feature, you should be watching for us to introduce to you Profit.ly’s next plan.
The Trader Plan
The Trader package allows you to take advantage of many of the features of the Novice plan. In this plan, that you are able to create an account that is private to share with other associate users all your knowledge and intel in the trading community.
Costing $49.95/month, Profit.ly’s Trader plan does what the name suggests caters to those who desire to harness their trading skills. As nice as it seems, there is one significant aspect that’s not included. In contrast to the Novice package, you will not be able to see other traders’ stats this could be a problem for some who may be anticipating this level. Timothy Sykes Millionaire Program
This is by far the highest premium package that Profit.ly offers to experienced traders. At $74.95 monthly, which includes an additional 22% discount for billing annually This plan offers everything. You get full, no-holds-barred access to all the options of the previous plans combined.
In addition, you’ll be able to see other users’ stats and data, but you also have the chance to create your own private profile. These two features are plus the other advantages that you can utilize to the maximum extent. If you’re looking for a plan that can serve you with everything you require as trader with experience, the Pro tier could be for you!
Profit.ly’s Other Services
Apart from the training tools and the leaderboards, Profit.ly offers a number of other services they offer. One of those is its online store, which allows users to choose from a wide array of video products created to guide you through the nuances and pitfalls of trading. All of the products featured on this page of the website can be immediately purchased for personal use. Among these products include best-sellers like the “Trading Tickers” series by trader expert Tim Grittani, Timothy Sykes’s collection of DVDs, streaming-only content related to short stocking, penny stocking, as well as all things trading-related, clips and footage from The Annual Pennystocking Conference, and products from other expert traders.
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The integrated chat rooms are also part of Profit.ly’s range of services and features. You are probably familiar with 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’s seen as a hands-on space where experts and their member traders can communicate and learn in real time. Each guru has their style when it comes to running their chat room and dealing with the members there. Some may be a laid-back person who is not very often active, while another might be more interactive and online to their pupils. Consider chat rooms as Profit.ly’s version of the forum in the essence.
Who is the best Trader for Profit.ly?
Profit.ly’s diverse range of products and features cater to the wide range of stock traders, ranging from beginners to experienced pros. Given the wide range of options it has to offer this platform definitely has something for everyone.
For instance, newbies can take advantage of Profit.ly’s knowledge-based content offered throughout the platform. They will also be provided with videos every week and chat room advice from its in-house gurus and members. They’ll also be able to choose from the items from its online store to carry with them wherever they may be. They can also gain hands-on experiences from trading within the platform, but eventually they’ll be able to realize that this is a high-stakes game that should not be viewed as an opportunity to make fun of.
For traders who have many years of experience down the line, we see Profit.ly equally suited to them as people who are just beginning. Although the novices might not be as adept at dealing with trading issues but the experts already know how it works along with the risky mix associated with it. It is ideal to make use of Profit.ly’s range of features to their full advantage to improve their trading skills. Like beginners, they can learn from the experts and experts and utilize those short tips and tricks to help them along.
Profit.ly’s “all-inclusive” nature isn’t limited to novices or semi-experienced trader. Certified experts can also take part in the fun! Those in the trading industry who are at an equal level with 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 navigate them through the ever-changing trading process. Timothy Sykes Millionaire Program
Profit.ly’s Pros and Pros and
- Profit.ly’s many capabilities as a “one-stop’ stock trading platform enable traders across the globe with an abundance of knowledge communications, trading, and communication tools
- You will receive excellent training and advice from the company’s in-house gurus, including video libraries that teach you how to learn and real-time trading activities
- You’re guaranteed transparency throughout Profit.ly with accurate analytics as well as other traders ready to call you out whenever something happens
- The platform’s leaderboard feature gives you the opportunity to increase your reputation as a reliable and dependable 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 unauthentic trades via photographs
- Profit.ly’s diverse range of packages and subscription levels are priced at a reasonable cost – there truly is something for every person
- Profit.ly’s bountiful stream of packages and products offered may be too much for most of its users
- As traders may opt to make any type of trade, there is a possibility that some of them may take advantage by picking the most profitable trades to increase the rating This could be a risk that shouldn’t be ignored.
- Profit.ly does not accept refunds, as the premium customers are expected to instantly take advantage of the numerous services the platform has to provide
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The Final Concluding Question is: Is Profit.ly Worth It?
If we could think of the answer, it’s an affirmative “yes”. But it is important to realize that the platform should not be used as a scheme to get rich quick. The platform wasn’t originally intended to be created for this reason. Instead, it is best to keep the ability to think with an open heart. Timothy Sykes Millionaire Program
What we are referring to”yes” is that it could be a useful learning tool. Those who may be stuck might be able to find Profit.ly’s variety of resources useful in their efforts to avoid loss and perform better than before. It’s not just the struggling traders who will benefit from this platform. It will be able to accommodate beginners as well as even experts!
So, if you genuinely want to become a better trader and want to learn from your peers and experts throughout the process, then you should look no further than Profit.ly. Profit.ly could be a good alternative to start.
FAQ Timothy Sykes Millionaire Program
What are the best ways to use Profit.ly to publish your trades?
Profit.ly offers the option of allowing trade entries under the My Trade’ category of the dashboard. It allows you to post your trades, verifiable or not. There are three choices:
- Connecting your account to your broker of choice and import trades directly from there
- Manually entering your trades using provided spaces and specifics
- Send a screen shot of your trades
What can I do to determine whether the trade can be verified or not?
If you buy your trade from a trusted brokerage, there’s a high probability that it’s verifiable. This is indicated with the blue check mark. If you upload the information manually or via images, it will be classified as unverified.
The drawback of posting 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, where users are able to identify who is fraudulent 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 as well as the Google Play store. The mobile app version is compatible with the majority of operating tablets and smartphones.
How many people are on Profit.ly?
Profit.ly currently houses more than 150,000 investors and traders because they are not just seeking to make the most profit but also to help one another learn and improve in acquiring opportunities in the stock market all over the world.