Stock trading can be a high-stakes game. On some days, you may be reaping the benefits of positive and satisfying numbers. However, on other days it could be the reverse and it could be very difficult to get back 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 might not be enough.
If you’ve suffered losses from time to time and you’re likely to require solid advice from seasoned and tested trading experts. You’re also gonna need an enormous boost from your fellow traders from around the world, which is why we’ve identified an option that can help you in your improvement in the market. This review will take the time to 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. 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 Outside Sales
User Experience: 4.5/5
Profit.ly is an online trading platform that allows traders of all levels to be informed responsible, transparent, and uplifting with each other by offering a wide array of tools and features like trade verification, chat rooms, and an enriched library of educational material.
What exactly is Profit.ly?
Profit.ly is a trading website that serves both as a learning and training platform for traders who are just beginning their journey and as a hub for traders with experience to keep track of their performance with the help of cutting-edge analytics tools. It provides users with a vast array of options to facilitate trade and communication, it helps traders from all walks of life connect with each other. It gives the gurus worthwhile investments within the confines of this platform. Imagine it as an online social media platform similar like Facebook and Reddit, but for professionals and traders.
Profit.ly independently checks the performance of trades and publishes all data from them in the style of leaderboards. The platform’s trading model is based on trust and transparency. it guarantees that the trades are authentic and won’t accept fake news as long as is humanly possible. It was established many years ago by penny stock trade expert and investment expert Timothy Sykes, along with the other expert Michael Mosseri.
In an appearance in Forbes magazine, Sykes stated that Profit.ly was driven by its focus “on showing the entire spectrum of trades, something which was never prior to.” The concept, he added, served two objectives: one) keeping track of public data for all traders, not just the gurus and newsletter authors and students and secondly) making it possible for everyone on the platform to be enlightened by both the wins and losses to benefit the industry of trading. Timothy Sykes Outside Sales
How Does It How Does It
Profit.ly follows a subscription-based model which allows stock traders to benefit from a variety of tools and services that are geared toward the success of their business. You can create an account at no cost, however you’re only given access to the leaderboards and monitor the activities 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 deals that we’ll discuss in the near future.
Making an account easy: create an account that includes your personal information and expertise, connect to your brokerage account, and you’ll be given a chance to shoot through the top of the leaderboard. Profit.ly’s leaderboard feature, as we’ve mentioned earlier it is designed to provide its users a glimpse of the performance of the trading community and its experts. You’re not just allowed to prove that you’re worthy to the group of traders. You can also utilize Profit.ly to shop from a guru with the confidence that you are confident of their knowledge and the credibility of their assertions.
If you’re not comfortable with the concept of leaking the details of your broker account you may decide to share your trades, either verified or not, by taking pictures. Also included in Profit.ly are the vast number of courses in trading and the capability to see stats in a trader’s profile as well as other ways to interact with your experts in the chatroom, as well as text and e-mail alerts and updates.
Meet the Founder: Tim Sykes
Timothy Sykes is a well-renowned day trading guru who is well-known for his efforts in penny stock trading. According to Investopedia Penny stock refers to a small company’s stock which trades at less than $5 per share. The penny stock market is an avenue for small businesses to transition to a market that is larger as they can access funds from the general public. But don’t make the mistake of thinking that it can also be an extremely risky game, as Sykes will be able to tell you thanks to his years of expertise.
From his beginnings in his late years in High School, Tim Sykes has, since then, earned over $6 million of profit throughout his illustrious career as trading professional. At 25 years old Tim Sykes had received more exposure and a wider impact when he became part of the reality series “Wall Street Warriors.” Then, he took advantage of it to establish trading rooms as well as penny stock themes as well as educational content targeted at those who are new to trading. He also helped establish 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 most appealing features is the variety of learning resources, trade alerts, as well as other useful information provided by the company’s internal gurus. These gurus refer to the trading experts who have proven to make substantial profits from their collective years of expertise. Timothy Sykes Outside Sales
At its height, Profit.ly had housed up to five gurus. Each of them an expert within their particular field in the field of trading. Some of the most prominent experts were Connor Bruggermann, Nathan Michaud of Investors Underground, and Triforce, among a few others. At the time of writing only two gurus remain on the platform: Founder of the penny stock market Tim Sykes and veteran smallcap swing trader Paul Scolardi, also known as Superman. With that taken into consideration, let’s take a look at the packaged offers each guru has to offer.
From Tim Sykes Tim Sykes
Sykes offers an essential stock trading service with the main priority being penny-stock day trading via Tim’s Alerts. The cost is $74.95 monthly, you will observe him focus on basic stock catalysts and employ them to predict the next moves that could occur when making trades.
A single purchase of Tim’s Alerts will get you access to the chatroom, as well as the mobile application that is available for iOS as well as Android devices, texts, emails and push alerts; and a daily stock watchlist.
From Tim Sykes: The Pennystocking Silver Package
Pennystocking Silver is the most premium, upgraded version of the Tim’s Alerts package. At $149.95 monthly, this is a great option for investors who are involved in penny stock trading. Pennystocking Silver includes all the basic features of the previous plan, including swing trading alerts as well as unlimited access to a library of more than 7,000 instructional videos, with new ones released each week.
The following video is from “Superman” Paul Scolardi: Superman Alerts
Scolardi who is known under the alias “Superman,” is a professional in swing trading with an eye for both small-cap monumental stocks and crazy-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 Outside Sales
The Superman Alerts plan is an offering of essential features and trading alerts targeted to those interested. For just $147 per month, you’ll have access to the daily premarket stock watchlist along with the mobile app, the daily market updates in real-time, and email and SMS alerts.
From “Superman” Paul Scolardi: Superman Pro
For $247 per month, you can enjoy additional features and access to a knowledgeable base provided by Superman himself, via Superman Pro. Superman Pro package. In addition to the basic features included in the Alerts package, Superman Pro gives you weekly video lessons, including the growing collection of other previous ones. On top of that, you’ll also get an access to high-quality research papers as well as the IPO or earnings monitor.
Profit.ly Programs and Costs
If you’re looking to join the world of online trading and make a mark on the industry, Profit.ly has the right amount of resources to help you up and running. Profit.ly offers three membership tiers, each designed for traders with different levels. Let’s look at what the three levels are and what they will cost you.
The Novice package is Profit.ly’s beginning-of-the-line plan specifically for those who are new to the trading community. Once you have signed up for this package, you will be immediately given a slew of robust and indispensable trading tools, each of which is essential to keep your hands on what we can describe as a cutthroat procedure in its own.
Among the list of things you can do using Profit.ly’s Novice package is the ability to verify trades and track profits; leading, following and even chatting with your fellow traders, as well as giving feedback on the trades of today. You’re also allowed to get on leaderboards, analyze your trades, sort as well as filter trades; and lastly, look at the statistics of other traders.
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 account, making your actions public. If you’re interested in get an account with this option, you should keep an eye on us as we present to you Profit.ly’s next strategy.
The Trader plan allows you to use many of the features of the Novice plan. In this plan, that you are able to create a private profile to share with other associate users all the insights and knowledge you gain from trader’s community.
Costing $49.95/month, Profit.ly’s Trader plan is exactly what it says catering for those looking to harness their trading skills. As nice as it seems but there’s one important aspect that’s not included. As opposed to the prior Novice package, you will not be able view other traders’ statistics this might be a drawback for some who may be eager to try this new tier. Timothy Sykes Outside Sales
The Pro plan is the highest premium package that Profit.ly offers to experienced traders. It costs $74.95 each month which includes 22% off for annual billing the Pro plan has it all. It gives you full, unlimited access to all the features from the two prior plans.
In addition, you’ll be able to see other users’ stats as well, you’re also offered the opportunity to create a private profile. Both of these features, in addition to the benefits that you can use to their fullest capacity. If you’re in search of an account that will give you with everything you require as an experienced trader, the Pro tier could be ideal for you!
Profit.ly’s Other Services
Apart from the training tools and the leadersboards Profit.ly has a few additional services that it can offer. One of those is its online store, which allows users to choose from a wide array of instructional videos that are designed to inform and help you understand the ins and outs of trading. The products listed in this section of the website can be purchased immediately for personal use. These include best-selling products such as”Trading Tickers, “Trading Tickers” series by trading professional Tim Grittani, Timothy Sykes’s collection of DVDs and streaming-only content on penny stocking, short stocking, and other related to trading, videos and footage taken from The Annual Pennystocking Conference, and other products by expert traders.
The chat rooms that are integrated are included in Profit.ly’s variety of features and services. You may be familiar with the concept of the chat room since you can find it throughout social and messaging platforms, in addition to a few special websites that provide live chat support. But on Profit.ly the chat room is viewed as a area where experts and members can interact and exchange knowledge in real-time. Each guru has their style in running their chat rooms and in dealing with the members there. One of them may be a laid-back person who is not very often active, while another might be more active and in touch to their pupils. Consider chat rooms like Profit.ly’s version of the forum, in its essence.
Who is the ideal trader to Profit.ly?
Profit.ly’s diverse range of products and features cater to the wide range of stock trader types, from beginners to experienced pros. With the variety of deals it has to offer, the platform surely has something for everyone.
Newbies, for instance, will appreciate Profit.ly’s knowledge-based information available on the platform. Not only will they get daily videos and chat room tips by its internal gurus and members. They’ll also be able to choose from the items in its online store that they can take with them wherever they may be. They can also gain hands-on experiences by trading through the platform, but eventually, they will soon learn that trading is a high stakes game that shouldn’t be taken as an amusing pastime.
For traders who have many years of experience down the road, we consider Profit.ly equally suited for them as it is for those who are just starting. Although the novices might not be as proficient in dealing with trading issues but the experts already know how it works and the stack full of risks that it carries. It is ideal to make use of Profit.ly’s array of features to their full advantage to enhance their trading abilities. Like beginners, they can learn from the top experts and experts and utilize those quick tips and tidbits to help them along.
Profit.ly’s “all-inclusive” nature doesn’t just apply to newbies or semi-experienced trader. Experts who have been verified can also participate in the enjoyment! Those in the trading industry who are at similar levels to Superman or Tim Sykes can also use the power of Profit.ly’s capabilities to showcase their skill to others as a way to navigate them through the ever-changing trading process. Timothy Sykes Outside Sales
Profit.ly’s Pros and Cons
- Profit.ly’s numerous capabilities as a “one-stop’ stock trading platform enable traders from all over the world with an abundance of knowledge, communication, and trading 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 real-time trading activities
- You can be sure of complete transparency through Profit.ly with accurate analytics and fellow traders who are ready to reach you out whenever something happens
- The platform’s leaderboard feature gives you a way to build your credibility as a trustworthy and dependable trader
- In addition to its primary features, Profit.ly also gives its customers extra options that can be tailored to their needs, like posting unauthentic trades via images
- Profit.ly’s diverse range of subscription levels and guru packages are priced at reasonable prices There is truly something for all
- Profit.ly’s bountiful stream of packages and services offered could seem overwhelming for most of its users
- As traders may opt to open any kind of trade, there’s the possibility that some of them may take advantage by cherry-picking the best trades to improve their ratings this could be a risk that shouldn’t be ignored.
- Profit.ly does not accept refunds because the premium customers are expected to instantly benefit from the number of services the platform has to offer
The Final Concluding Question is: Is Profit.ly worth it?
If we were able to come up with an answer to this question, it would be yes. However, you must realize that this platform shouldn’t be viewed as a get-rich-quick scheme. The platform was not always meant to be designed for this reason. Instead, you need to have the ability to think with an open heart. Timothy Sykes Outside Sales
What we are referring to”yes” is that it can be a great learning tool. People who are stuck could find Profit.ly’s array of resources helpful when they try their best to reduce losses and be more successful than before. It’s not just the struggling traders that will benefit from this platform. It will be able to accommodate beginners as well as even experts in the field!
So, if you genuinely want to become better at trading and wish to be taught by your peers and experts on the way, take a look at Profit.ly. Profit.ly is a fantastic option to begin.
FAQ Timothy Sykes Outside Sales
What are the best ways to use Profit.ly to post your trades?
Profit.ly includes a trade entry portion within the My Trade’ category of the dashboard which allows you to post your trades that are verified or otherwise. There are three choices:
- Linking your account to the broker of choice and import transactions directly through there
- Manually inputting your trades with specified spaces and information.
- Send a screen shot of your trades
What can I do to determine whether the trade can be verified or not?
If you import your trade from a reputable brokerage, there is an excellent likelihood that it can be verified. This is shown by the small blue check. If you post it manually or through images, it will be classified as unverified.
The downside of having an unverified trade is the risk of receiving downvotes from colleagues. If you receive too many negative votes, it could result in you appearing on the Madoff leaderboard, where people are able to identify who is dishonest in posting trades.
Is the Profit.ly mobile app still available?
As of the moment, Profit.ly is still available for download on the App Store for Apple and on the Google Play store. The mobile app version is compatible with the majority of operating tablets and smartphones.
How many people are using Profit.ly?
Profit.ly is currently home to over 150,000 traders and investors, because they are not just looking to earn maximum profits but also to help one another grow and learn more about acquiring stock market opportunities all over the world.