Stock trading can be an exciting game with high stakes. On some days, you might be reaping the benefits of pleasing and positive numbers. On other days it could be the reverse and it could be very difficult to return to where you were your peak. If you find yourself constantly stuck in the gutter You will need to realize that relying on instinct and survival might not be enough.
If you’ve suffered loss from time to time You’ll need solid advice from seasoned and tested trading experts. Also, you’ll need an important boost from colleagues in the market from all over the globe, which is why we’ve discovered an online platform that will help you in your growth in the industry. This review will take the time to look at Profit.ly is a well-known 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.
Total Rating: 4.1/5 Timothy Sykes Performance
Value: 4.1/5
Quality: 4.1/5
Costs: 4.1/5
Users Experience 4.5/5
Summary
Profit.ly is an online trading platform that permits traders of different levels to be informed responsible, transparent, and uplifting with each other through its broad array 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 website which serves as a learning and education platform for people who are starting out and as a hub for traders with experience to keep track of their performance through the use of advanced analytics tools. It provides users with a vast variety of tools for communication and trade and letting traders from all walks of life connect with one another. It gives the gurus worthy investments within the boundaries that the site. Imagine it as an online social media platform similar to Facebook and Reddit, but for professionals and traders.
Profit.ly independently verifies trade performances and publishes all data from them in the form of leaderboards. The platform for trading is built on trust and transparency. it guarantees that the trades are authentic and won’t allow for fraud as much as it is possible. It was founded 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 magazine, Sykes said that Profit.ly was driven by its focus “on the transparency of all trades, something that has never been done before.” The concept was, he said, serving two goals: 1.) creating public track records for everyone, not just the experts, but also the newsletter writers and students, and 2) making it possible for anyone on the platform to learn from both losses and wins for the trading industry’s benefit. Timothy Sykes Performance
How Does It Work?
Profit.ly is a subscription-based platform which allows stock traders to have access to a range of tools and services that are geared at achieving the success of their business. It is possible to create an account on the site for free, but you’re limited to the capability to browse the leaderboard and observe the actions of non-gurus. If you’re interested in investing your money to see which stocks the gurus are trading in real time You’ll need to subscribe to any of Profit.ly’s deals, which we will go over shortly.
Setting up an account is easy: create an account that includes your personal information and knowledge, then connect to your brokerage account and you’ll be given a chance to shoot through at the very top of the list. Profit.ly’s leaderboard feature, as mentioned previously was designed to offer its users an insight into how the community of traders performs and its experts. It’s not only a chance to prove that you’re worthy to the group of traders, as you can also use Profit.ly to shop with a professional with the assurance that you’re comfortable of their knowledge and the credibility of their claims.
If you feel uneasy with the idea of divulging information about your account with a brokerage, you can opt to post your trades, whether verified or not, by taking pictures. In Profit.ly are a variety of trading classes, the ability to view 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.
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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 involvement in trades in penny stocks. According to Investopedia, a penny stock is a small business’s stock which trades at under $5 for each share. The penny stock market is an avenue for small-scale businesses to make the transition to a large marketplace as it allows them to access capital from the public. But don’t make the mistake of thinking that it can also be a high-risk game, which Sykes can surely tell through his many years of experience.
Since his initial beginnings in his late years in High School, Tim Sykes has, since then, earned over $6 million of profits during his long and successful career as a trader. At the age of 25, he had been given more exposure and a wider influence over time when he became part of the reality TV show “Wall Street Warriors.” Then, he used the opportunity to create trading rooms, penny stock themes, and educational content geared toward people who are brand new to trading. He also helped establish Profit.ly as a place of transparency and to allow the community to rise and compete with each other on the platform.
The Profit.ly Gurus
One of Profit.ly’s most appealing features is the vast array of learning resources, trade alerts, and other useful stuff offered by the in-house experts of the platform. Gurus are referred to the trading experts who have earned significant amounts of profit from their combined years of expertise. Timothy Sykes Performance
At its peak, Profit.ly had housed up to five gurus. Each of them a professional in their field of expertise in the field of trading. Some of the most famous gurus included Connor Bruggermann, Nathan Michaud of Investors Underground, and Triforce, among a few others. As of this writing, only two gurus 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 we’ll take a look at what packaged deals each guru can offer.
From Tim Sykes Tim Sykes
Sykes provides a basic stock trading service which focuses on penny-stock day trading via Tim’s Alerts. The cost is $74.95 per month, you’ll be able to see him focus on the fundamental catalysts for stocks and utilize them to predict the next possible moves in making trades.
A standalone purchase in Tim’s Alerts will get you access to the chatroom, as well as the mobile app that’s available to iOS and Android devices, as well as texts, emails and push alerts; as well as a daily watchlist of stocks.
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 this is a great option for investors who are committed to the penny-stock market. Pennystocking Silver comes with all the standard features found in the previous plan, including alerts for swing trading and access to a collection of more than 7,000 educational videos and new videos released every week.
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The following video is from “Superman” Paul Scolardi: Superman Alerts
Scolardi, who goes by the name “Superman,” is a swing trading professional 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 all-time trading profits. Timothy Sykes Performance
The Superman Alerts plan is his offer of the most essential features and alerts on trading geared to those interested. For $147/month, you’ll get access to the daily premarket stock watchlist and the mobile app, the daily market commentary in real-time, and E-mail and SMS alerts.
In “Superman” Paul Scolardi: Superman Pro
At $247/month, you get additional features, plus access to a knowledgeable base provided by Superman himself through Superman Pro. Superman Pro package. Alongside the standard features that are included in the Alerts package, Superman Pro gives you daily video lessons, which include the growing collection of the previous ones. In addition you’ll also have the ability to access premium reports on research and an IPO and earnings tracker.
Profit.ly plans and costs
If you’re eager to join the world of online trading and make a mark on the industry, Profit.ly has the right amount of tools to get you started. The platform has three membership levels that are designed to accommodate traders of different levels. Let’s look at what the three are and how much they will cost you.
Novice Plan
The Novice package is Profit.ly’s beginning-of-the-line plan specifically for those who are new to the trading world. When you sign up for this package, you will be immediately offered a range of strong and indispensable trading tools, all of them integral in keeping your fingers on what can describe as a cutthroat procedure in its own.
Some of the features you can do with Profit.ly’s Novice package is the ability to verify trades and track profits as well as leading, following and even chatting with your fellow traders; and giving feedback on the trades of today. You can also get on leaderboards; analyze your trades, sort or filter the trades you make and lastly, look at other people’s statistics.
The Novice plan will cost $29.95 per monthly payment. Although it looks attractive just by the price, there is a downside. You can’t create a private profile, which makes your activities publicly available. If you do want to gain an account with this option, you should stay tuned as we introduce to you Profit.ly’s next strategy.
The Trader Plan
The Trader package allows 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 the insights and intel in trader’s community.
The price is $49.95/month, Profit.ly’s Trader plan does what the name suggests: Cater to those who desire to improve their expertise in trading. While it’s nice, there is one significant feature that is missing. In contrast to the Novice package, you will not be able to see other traders’ statistics that could be a problem for those who are anticipating this level. Timothy Sykes Performance
Pro Plan
The Professional plan can be described as the most premium package that Profit.ly offers to experienced traders. With $74.95 per month, with a 22% discount for annual billing the Pro plan has everything. It gives you full, unlimited access to all the features from the two previous plans.
You’re not only able to see other users’ stats as well, you’re also offered the opportunity to create a private profile. These two features are plus the other advantages you’ll be able to use to the maximum extent. If you’re in search of an option that gives you with everything you require as an experienced trader, the Pro level is ideal for you!
Profit.ly’s Other Services
Apart from the tools for training and Leaderboards Profit.ly has a few additional services that it can provide. One of them is the online store, where customers can select from a variety of videos that are designed to educate and guide you through the nuances and pitfalls of trading. All of the products featured in this section of the website can be bought immediately for your personal use. Some of these include bestsellers like”Trading Tickers, “Trading Tickers” series by trader specialist Tim Grittani, Timothy Sykes’s collection of DVDs and streaming-only content related to penny stocking, short stocking, as well as all things trading-related, clips and clips of The Annual Pennystocking Conference, and other products by expert traders.
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The chat rooms that are integrated are also part of Profit.ly’s array of features and services. You are probably familiar with the chat room since you can see it across messaging and social platforms, as well as some specialty websites that offer live chat assistance. But on Profit.ly it’s seen as a place where gurus and their members can interact and learn in real time. Every guru has their own style in running their chat rooms and in dealing with the members. Some may be laid back and not very often active, while another may be more interactive and online to their pupils. Think of chat rooms like Profit.ly’s version of the forum in essence.
Who is the ideal Trader for Profit.ly?
Profit.ly’s variety of offerings and features caters to an array of stock traders, ranging from beginners to experienced pros. Given the wide range of options it can provide, the platform surely has something for every person.
For instance, newbies will appreciate Profit.ly’s collection of educational materials available across the platform. They will also be enriched with weekly videos and chat room tips from its in-house gurus and members. Additionally, they can select from the products in its online store for them to take wherever they be. They can also gain hands-on experience trading on the platform, but ultimately, they will soon learn that this is a high-stakes game that should not be viewed as an amusing pastime.
For those traders who have had years of exposure down the line, we see Profit.ly as equally as suitable to them as those who are just starting. While novice traders may not be as well-equipped with handling trading matters however, experienced traders know how it works and the plethora of risks that it carries. Ideally, they may make use of Profit.ly’s array of features to their best advantage to develop their trading abilities. Like beginners, they can learn from the top experts and experts and utilize those simple tips and hints along the way.
Profit.ly’s “all-in” approach does not only apply to beginners as well as semi-seasoned traders. Verified experts can also join in the enjoyment! Those in the trading industry who are on an equal level with Superman or Tim Sykes can also use Profit.ly’s capabilities. Profit.ly’s abilities to show off their skills to others as a way to help guide them through the ever-illustrious trading process. Timothy Sykes Performance
Profit.ly’s Pros and Cons
The Pros
- Profit.ly’s diverse capabilities as a ‘one-stop’ stock trading platform enable traders from all over the world with a wealth of education communications, trading, and communication tools
- You’ll receive excellent training and advice from the company’s inside experts, as well as video libraries that teach you how to learn and trading in real-time.
- You can be sure of complete transparency through Profit.ly with accurate analytics as well as other traders who are ready to reach you out whenever something happens
- The leaderboard feature of the platform offers you the opportunity to increase your credibility as a trustworthy and verifiable trader
- In addition to its primary capabilities, Profit.ly also gives its users extra options to suit their preferences, such as posting unverifiable trades through images
- Profit.ly’s diverse range of packages and subscription levels are priced at affordable rates – there truly is something for all
The Cons
- Profit.ly’s abundance of packages and services offered could not be enough for most of its users
- As traders may opt to make any type of trade, there’s an opportunity that some them will profit by cherry-picking the best trades to improve their ratings this could be a concern that should not be ignored.
- Profit.ly will not allow refunds, as its premium users are expected to immediately benefit from the number of services the platform has to provide
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The Final Verdict is: Is Profit.ly Valued?
If we were able to come up with an appropriate answer for this query, it would be a ‘yes’. But it is important to realize that it shouldn’t be treated as a get-rich-quick scheme. It wasn’t designed to be used for this reason. Instead, you need to have curiosity. Timothy Sykes Performance
What we are referring to”yes” is that it can be a great learning tool. People who are stuck might be able to find Profit.ly’s array of resources to be helpful when they try their best to reduce losses and perform better than before. It’s not only the struggling traders who will profit from the platform. It will be able to accommodate beginners as well as even experts in the field!
If you really want to become a better trader and want to be taught by your mentors and peers throughout the process, then take a look at Profit.ly. Profit.ly is a fantastic option to begin.
FAQ Timothy Sykes Performance
How do you use Profit.ly to post your trades?
Profit.ly offers the option of allowing trade entries in the My Trade category on the dashboard. It lets you post your trades, either verified or otherwise. There are three choices:
- Connecting your account to your brokerage of choice and then importing transactions directly through there
- Manually inputting your trades with specified spaces and information.
- Upload a screenshot of your transactions
What can I do to determine whether the trade is authentic or not?
If you buy your trade through a reliable brokerage, there’s an excellent likelihood that it can be verified. This is evident by the blue check mark. If you submit it manually or through pictures, it will be assigned as unverified.
The disadvantage of an unverified trade is the possibility of getting downvotes from your fellow peers. Too many downvotes may cause you to be listed on the Madoff leaderboard, where people are able to identify who is untruthful in submitting trades.
Does the Profit.ly mobile app still in use?
As of this writing, Profit.ly is still available to download from the App Store for Apple and in the Google Play store. The mobile version of the app is compatible with the majority of functioning tablets and smartphones.
How many people are currently using Profit.ly?
Profit.ly currently houses over 150,000 investors and traders as they not only are seeking to make the most profit but also assist each other to learn and improve in acquiring opportunities on the stock market both right and left.
