The stock market can be a high-stakes game. On certain days, you might enjoy the benefits of pleasing and positive numbers. However, on other days you may experience the opposite, and it may sometimes be very difficult to get back to the point you were at your best. If you find yourself immersed in the water, you will have to realize that relying on your instincts and preserving might not be enough.
If you’ve experienced loss from time to time, you’re gonna be needing sound advice from tried-and-tested trading experts. Also, you’ll need a significant boost from your trading partners from all over the world, which is why we’ve identified an online platform that will help you to improve your performance within the field. In this review, we’ll be taking an in-depth look at Profit.ly is a well-known 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. Do check out our article below, however, because it has a comprehensive overview of Profit.ly.
Overall Rating: 4.1/5 Timothy Sykes Momentum
Value: 4.1/5
Quality: 4.1/5
Costs: 4.1/5
The User’s Experience 4.5/5
Summary
Profit.ly can be described as an online platform for trading that enables traders of various levels to be informed, transparent, accountable, and uplifting with each other by offering a wide range of features and tools like chat rooms, trade verification and a rich library of educational material.
What exactly is Profit.ly?
Profit.ly is a site for trading which serves as a learning and training platform for those new to trading and also as a platform for traders with experience to keep track of their performance using the aid of cutting-edge analytics tools. Providing users with a wide variety of tools to facilitate trade and communication, it helps traders from all walks of life connect with one another. It offers gurus with an opportunity to invest in the right areas of the platform. Think of it as an online social media platform similar to Facebook and Reddit however it is geared towards experts and traders.
Profit.ly independently verifies trade performances and then publishes the information of them in the manner of leaderboards. The trading platform is built on trust and transparency. it guarantees that the transactions are legitimate and will not tolerate inauthenticity as much as is humanly possible. It was founded in the past by penny expert in stock trading and investment guru Timothy Sykes, along with the other expert Michael Mosseri.
One time during his interview with Forbes publication, Sykes stated that Profit.ly was motivated by its focus “on the transparency of the entire spectrum of trades, something which has never been done before.” The concept, he added, served two purposes: 1) keeping track of public data for everyone, not just the experts and newsletter authors and students, and 2) allowing everyone on the platform to learn from both the wins and losses to the benefit of the trading industry. Timothy Sykes Momentum
How Does It Perform?
Profit.ly utilizes a subscription model which allows stock traders to gain access to a multitude of tools and services that are geared towards achieving achievement. You may set up an account at no cost, however you’re only limited to having the capability to browse the leaderboard and follow the activities of people who aren’t gurus. If you’re looking to invest your money in order to find out 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 with your experience and expertise, connect to your brokerage account and you’ll have a chance to shoot your way up to at the very top of the list. Profit.ly’s leaderboard feature, as mentioned previously, is designed to give its users an insight into how the community of traders performs as well as its gurus. You’re not just allowed to show your worth to a group of traders. You can also utilize Profit.ly to purchase from a guru with the assurance that you’re comfortable in their skills and the veracity of their assertions.
If you’re not comfortable with the idea of sharing information about your account with a brokerage, then you could opt to post your trades, verified or not, via screenshots. 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 as well as other ways to connect with your gurus via chatrooms in addition to notifications via email or text as well as updates.
> > Click Here to Check Out Profit.ly < <
Meet the Founder: Tim Sykes
Timothy Sykes is a well-renowned day trading personality who is well-known for his efforts in the penny-stock market. According to Investopedia, a penny stock refers to a small-sized company’s stock which trades at under $5 for each share. The penny stock market is an avenue for small businesses to transition into a larger market because it allows them to access money from the general public. But don’t be mistaken – it’s also an extremely risky game, as Sykes can surely tell through his many years of experience.
Beginning in the latter years of High School, Tim Sykes has, since then, earned an estimated $6 million earnings through his lengthy career as a trader. At the age of 25 Sykes was given more exposure and a wider reach of influence when he was a part of the reality TV show “Wall Street Warriors.” Then, he used the opportunity to establish trading rooms and 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 most appealing features is the variety of education tools, trade alerts as well as other useful information provided by the company’s internal gurus. The gurus in question refer to the experts in trading who have proven to make substantial amounts of money from their collective years of knowledge. Timothy Sykes Momentum
At its peak, Profit.ly had housed up to five gurus. Each of them a pro in their niche 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. At the time of writing, there are only two gurus who remain on the 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 can offer.
From Tim Sykes Tim Sykes
Sykes provides an essential stock trading service that focuses on penny-stock day trading via Tim’s Alerts. Costing $74.95 monthly, you’ll be able to see him focus on the fundamental catalysts for stocks and utilize them to anticipate the next move that is possible when trading.
A standalone purchase from 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, texts, emails and push alerts; and a daily stock watchlist.
Tim Sykes: From Tim Sykes: The Pennystocking Silver Package
Pennystocking Silver is the premium, upgraded version of the Tim’s Alerts program. At $149.95 for a month it is a great option for investors who are committed to the penny-stock market. Pennystocking Silver comes with all the standard features that were included in prior plans, such as swing trading alerts as well as unlimited access to an extensive collection of more than 7,000 educational videos that are updated every week.
> > Click Here to Check Out Profit.ly < <
From “Superman” Paul Scolardi: Superman Alerts
Scolardi, who goes by the alias “Superman,” is a professional in swing trading with an eye for tiny-cap massive stocks as well as wildly accurate marketing forecasts. Since the time he started trading, Superman has amassed over $5.5 million in total trading earnings. Timothy Sykes Momentum
The Superman Alerts package is his package of vital features and trading alerts geared to those interested. For just $147 per month, you’ll have access daily stock watchlist that is premarket as well as the mobile app, the daily market updates in real time, and email and SMS alerts.
In “Superman” Paul Scolardi: Superman Pro
At $247/month, you get additional features, as well as access to a knowledgeable base that is provided by Superman himself through his Superman Pro package. Alongside the standard features included in the Alerts package, Superman Pro gives you weekly video lessons, including the growing collection of previous lessons. In addition, you’ll also get an access to high-quality research papers and the IPO or earnings monitor.
Profit.ly Plans and Costs
If you’re ready to join the online trading community and leave a mark in the industry, Profit.ly has the right amount of resources to get you started. The platform offers three membership tiers that cater to traders with different levels. Let’s break down what these three tiers are and how much 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’ll be given a slew of robust and indispensable trading tools, all one of them essential in keeping your fingers on what we could call a ruthless procedure in its own.
Some of the features you can do with Profit.ly’s Novice package is the ability to confirm the results of your trades and track profit and follow-up, leading and even chatting with other traders; and providing feedback on trades today. You’re also allowed to get on leaderboards, analyze your trades, sort as well as filter trades; and, finally, see the statistics of other traders.
The Novice plan is $29.95 per month. While it may look attractive for the price alone but there’s a disadvantage. You can’t create a private profile, thus making your actions public. If you do want to gain access to this feature, you should keep an eye on us as we present to you Profit.ly’s next strategy.
The Trader Plan
The Trader package lets you to take advantage of a majority of features from the Novice plan. In this plan, that you can create an account that is private to share with fellow associate users all your knowledge and knowledge you gain from this trading group.
Priced at $49.95/month, Profit.ly’s Trader plan does what the name suggests: Cater people who want to improve their expertise in trading. While it’s nice however, there’s a crucial aspect that’s not included. As opposed to the prior Novice package, this one won’t be able to see other traders’ statistics this might be a drawback for some who may be anticipating this level. Timothy Sykes Momentum
Pro Plan
The Professional plan can be described as the most premium package that Profit.ly could offer for seasoned traders. It costs $74.95 monthly, and an additional 22% discount when billed annually the Pro plan has everything. It gives you full, unlimited access to all the options of the prior plans.
In addition, you’ll be able to see other users’ stats as well, you’re also offered the option of creating a private profile. Both of these options, plus the other benefits that you can use to the fullest potential. If you’re in search of an option that gives you everything you need as trader with experience, the Pro plan is for you!
Profit.ly’s Other Services
Apart from the provided training tools and the leaderboards, Profit.ly provides a variety of additional services that it can offer. One of those is its online store, where customers can choose from a wide array of video products designed to inform and help you understand the ins and outs of trading. The products listed in this section of the site can be immediately purchased for personal use. Some of these include bestsellers like”Trading Tickers,” the “Trading Tickers” series by trader specialist Tim Grittani, Timothy Sykes’s collection of DVDs and streaming-only content related to penny stocking, short stocking, and all other aspects of trading. There are also clips and footage from events like the Annual Pennystocking Conference, and items from other experts in trading.
> > Click Here to Check Out Profit.ly < <
Chat rooms integrated into Profit.ly are also part of Profit.ly’s range of features and services. You may be familiar with the concept of chat rooms since you will see it on social and messaging platforms, and also on a few specialty websites that offer live chat assistance. But in Profit.ly the chat room is viewed as a place where gurus and their members trade 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 a laid-back person who is less active, while another may be more online and communicative to their pupils. Think of the chat rooms like Profit.ly’s version of the forum in the essence.
Who is the best trader to Profit.ly?
Profit.ly’s variety of offerings and features are geared towards a large variety of stock traders, from novices to the most experienced. Given the wide range of options it can provide, the platform surely has something for everyone.
For instance, newbies will appreciate Profit.ly’s collection of educational information available on the platform. In addition, they will get daily videos and chat room advice from its in-house gurus and members. They’ll also be able choose from the items in its online store to carry with them wherever they may travel. You can also get hands-on experience trading on the platform, but ultimately they’ll realize that the process is a high stakes game that shouldn’t be treated as an amusing pastime.
For those traders who have had decades of experience in the line, we see Profit.ly as equally as suitable to people who are just beginning. Although the novices might not be as proficient in dealing with trading issues however, experienced traders know how it works and the stack full of risks that come with it. Ideally, they may make use of Profit.ly’s array of features to their full advantage to improve their trading abilities. As beginners, they are able to study from the gurus as well as experts, and take advantage of short tips and tricks to help them along.
Profit.ly’s “all-inclusive” nature does not only apply to beginners and semi-experienced traders. Certified experts can also take part in the enjoyment! Those in the trading industry who are on the same level as Superman as well as Tim Sykes can also use the power of Profit.ly’s capabilities to showcase their skills to others in order to assist them in the ever-changing trading process. Timothy Sykes Momentum
Profit.ly’s Pros and Cons
The Pros
- Profit.ly’s diverse capabilities as a “one-stop’ stock trading platform enable traders across the globe with a wealth of education, communication, and trading tools
- You will be provided with excellent lessons and tips from the inside experts, as well as collections of educational videos as well as trading in real-time.
- You can be sure of complete transparency through Profit.ly with precise analytics as well as fellow traders that are waiting to reach you when something goes wrong.
- The leaderboard feature of the platform offers you the chance to establish your reputation as a reliable and authentic trader
- Apart from its core capabilities, Profit.ly also gives its customers additional options to meet their needs, like posting trades that are not authentic by taking photographs
- Profit.ly’s variety of subscription levels and guru packages are priced at reasonable prices There’s something for every person
The Cons
- Profit.ly’s bountiful stream of packages and services offered could be too much for most of its users
- As traders may opt to open any kind of trade, there’s an opportunity that some them will profit by picking the most profitable trades to increase the rating – this may be a concern that should not be simply overlooked
- Profit.ly does not offer refunds because the premium customers are expected to instantly take advantage of the numerous services the platform has to provide
> > Click Here to Check Out Profit.ly < <
The Final Verdict is: Is Profit.ly Worth It?
If we were able to come up with an answer to this question, it would be a ‘yes’. But it is important to realize that this platform shouldn’t be viewed as a scheme to get rich quick. It wasn’t meant to be designed for this reason. Instead, you need to have an open mind. Timothy Sykes Momentum
What we mean by ‘yes’ is that it could be a useful learning tool. Those who may be stuck may discover Profit.ly’s variety of resources to be helpful in their efforts to reduce losses and perform better than before. It’s not just the poor traders that can benefit from this platform. It will be able to accommodate beginners as well as even experts in the field!
If you really want to become better at trading and wish to learn from your mentors and peers along the way, then you should look no further than Profit.ly. Profit.ly may be a great option to begin.
FAQ Timothy Sykes Momentum
What are the best ways to use Profit.ly to make your trades public?
Profit.ly includes an entry section for trades within the ‘My Trade’ category of the dashboard that lets you record your trades, either verified or otherwise. There are three options:
- Linking your account to the brokerage of choice and importing trades directly from there
- Manually inputting your trades with specified spaces and information.
- Take a photo of your transactions
What can I do to determine whether the trade can be verified or not?
If you purchase your trade from a trusted brokerage, there is a high probability that it’s verifiable. This is evident by the blue check mark. If you upload the information manually or via images, it will be classified as unverified.
The disadvantage of an unauthentic trade is the possibility of receiving negative feedback from colleagues. If you receive too many negative votes, it could cause you to be listed 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 in use?
At the time of writing, 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 works with all functioning tablets and smartphones.
How many people are currently connected to Profit.ly?
Profit.ly currently houses more than 150,000 traders and investors, as they not only are trying to maximize profits but also to help one another grow and learn more about acquiring opportunities in the stock market both right and left.
