Stock trading can be an extremely risky game. On certain days, you may enjoy the benefits of positive and satisfactory numbers. On other days, however it could be the reverse and it can be extremely difficult to return to where you were at your most productive. If you’re immersed in the water, you will have to realize that relying on instinct and survival is not always enough.
If you’ve been incurring occasional losses and you’re likely to require reliable advice from tested and tried trading experts. Also, you’ll need an enormous boost from your fellow traders from around the globe, which is why we’ve discovered an option that can help you in your growth within the field. This review will take a look at Profit.ly A well-respected 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 Plus Size Model
User Experience: 4.5/5
Profit.ly can be described as an online platform for trading that allows traders of all levels to be informed and accountable, as well as transparent and uplifting with each other through its broad variety of tools and features including chat rooms, trade verification, 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 those who are starting out as well as a place for traders who are experienced to monitor their performance using the aid of sophisticated analytics tools. Offering users a broad variety of tools to facilitate trade and communication and letting traders from all walks of life network with each other. It offers gurus with worthwhile investments within the confines of this platform. Imagine it as an online social media platform similar to Facebook and Reddit, but for experts and traders.
Profit.ly independently checks the performance of trades 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 valid and won’t tolerate inauthenticity as much as possible. It was founded years ago by the penny stock trade expert and investment expert Timothy Sykes, along with the other expert Michael Mosseri.
One time , during an interview with Forbes publication, Sykes declared that Profit.ly was driven by its focus “on the transparency of every trade, something that was never prior to.” This idea was, he said, serving two objectives: one) keeping track of public data for not just the gurus, but also the students and newsletter writers, and 2) giving everyone on the platform to be enlightened by both losses and wins to the benefit of the trading industry. Timothy Sykes Plus Size Model
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 achievement. It is possible to create an account on the site at no cost, however you’re only limited to having access to the leaderboards and monitor the activities of people who aren’t gurus. If you’re interested in investing your money and see which stocks the gurus are trading in real time it is necessary to sign up to one of Profit.ly’s offerings that we’ll discuss in the near future.
The process of opening an account is simple: Create an account that includes your personal information and knowledge, then connect your brokerage account, and you have yourself the chance to climb your way up to the top of the leaderboard. Profit.ly’s leaderboard feature, as we’ve mentioned earlier it is designed to provide its users a look at how the community of traders performs and its gurus. It’s not only a chance to prove that you’re worthy to the community of traders, but you can also utilize Profit.ly to buy with a guru, and have the assurance that you’re confident of their knowledge and the credibility of their claims.
If you’re not comfortable with the idea of divulging the details of your broker account then you could decide to share your trades, verified or not, via screenshots. Also included in Profit.ly is the huge selection of trading courses as well as the ability to look at stats in a trader’s profile as well as other ways to interact with your experts in the chatroom, as well as notifications via email or text as well as updates.
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Meet the Founder: Tim Sykes
Timothy Sykes is a well-renowned day trader who has been famously known for delving his hands into trades in penny stocks. According to Investopedia, a penny stock is a small business’s shares that trade for just less than 5 cents per share. The trading of penny stocks can be seen as a stepping stone for small businesses to transition to a market that is larger as it gives them access to funds 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 because of his decades of expertise.
Beginning at the end of his time in High School, Tim Sykes has, since then, earned more than $6 million in profits during his long and successful career as trader. At 25 years old, he had been given more exposure and a wider influence over time when he became part of the reality TV show “Wall Street Warriors.” He took advantage of it to create trading rooms and penny stock themes and educational material aimed at those who are new to trading. He also helped to establish Profit.ly as a platform for transparency and for the community to uplift and compete through the platform.
The Profit.ly Gurus
One of Profit.ly’s sweet inclusions is the vast array of education tools, trade alerts and other useful stuff offered by the in-house experts of the platform. These gurus refer to the trading experts who have earned significant amounts of profit from their combined years of knowledge. Timothy Sykes Plus Size Model
At its height, Profit.ly had housed up to five gurus, each of them a professional within their particular field in the trading industry. Some of the most famous experts were Connor Bruggermann, Nathan Michaud of Investors Underground, and Triforce among others. At the time of writing, however, only two gurus remain on this platform: the founder as well as penny-stock trader Tim Sykes and veteran smallcap swing trader Paul Scolardi, also known as Superman. When we take that into account Let’s look at what packaged deals each guru has to offer.
From Tim Sykes: Tim’s Alerts
Sykes offers a basic stock trading service which focuses on penny-priced day trading with Tim’s Alerts. The cost is $74.95 per month, you’ll observe him focus on fundamental catalysts for stocks and utilize them to forecast the next moves that could occur when trading.
A single purchase in Tim’s Alerts will get you access to the chatroom as well as the mobile application that is available for iOS and Android devices, text, e-mail and push alerts; as well as a daily watchlist of stocks.
From Tim Sykes: The Pennystocking Silver Package
Pennystocking Silver is the highest-quality, upgraded version of the Tim’s Alerts program. It costs $149.95 monthly, this is an ideal plan for those who are invested in investing in penny stocks. Pennystocking Silver offers all the essential features of the previous plan, such as alerts for swing trading and access to an extensive library of over 7,000 educational videos that are updated each week.
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The following video is from “Superman” Paul Scolardi: Superman Alerts
Scolardi, who goes by the name “Superman,” is a trader who has an eye for tiny-cap massive stocks as well as wildly accurate marketing forecasts. Through the years since he began as a trader, Superman has amassed over $5.5 million in total trading earnings. Timothy Sykes Plus Size Model
The Superman Alerts package is his package of vital features and trading alerts targeted towards those who might be interested. For $147/month, you’ll get access to the daily premarket stock watchlist and the mobile app, the daily market commentary shown in real-time, as well as SMS and e-mail alerts.
The film “Superman” Paul Scolardi: Superman Pro
For the price of $247, you receive additional features, as well as access to a knowledgeable base of information provided by Superman himself, via the Superman Pro package. Alongside the standard features that are included in the Alerts plan, Superman Pro gives you weekly video lessons, including an ever-growing library of other previous ones. In addition, you’ll also get an access to high-quality research papers and an IPO as well as earnings tracking tool.
Profit.ly Programs and Costs
If you’re looking to join the trading community on the internet and make a mark on the field, Profit.ly has the right amount of tools to get you up and running. The platform offers three membership levels, each designed for traders of different levels. Let’s look at what the three levels are and what they’ll cost you.
The Novice package is Profit.ly’s beginning-of-the-line plan specifically for people who are brand new to the trading world. Once you have signed to this plan you’ll be offered a range of strong and essential trading tools, each of them integral in keeping your hands on what we can describe as a cutthroat process by itself.
The list of features you can do using Profit.ly’s Novice package is the ability to verify trades and track profits and follow-up, leading, and even messaging your fellow traders, as well as giving feedback on the trades of today. You’re also allowed to get onto leaderboards; study, sort, and filter your trades and, finally, see the statistics of other traders.
The Novice plan will cost $29.95 per monthly payment. Although it might look appealing simply because of the price, there is a downside. It isn’t possible to create a private account, making your activities publicly available. 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 plan.
The Trader Plan
The Trader package lets you to take advantage of many of the features of The Novice package. In this plan, that you are able to create an individual profile that allows you to share with other associate users all the insights and information you have gained from trader’s community.
Priced at $49.95/month, Profit.ly’s Trader plan does what the name suggests catering to those who desire to improve their skills in trading. While it’s nice, there is one significant feature that is missing. As opposed to the prior Novice package, you won’t be able view the statistics of other traders this could be a disadvantage for those who are eager to try this new tier. Timothy Sykes Plus Size Model
The Professional plan can be described as the most premium package that Profit.ly can offer to experienced traders. With $74.95 monthly, which includes an additional 22% discount when billed annually, this tier has everything. You will have full, unrestricted access to all the options of the previous plans.
You’re not only able to see other users’ stats, but you’re also given the option of creating a private profile. These two features are plus the other advantages that you can utilize to the maximum extent. If you’re in search of an option that gives you everything you need as a skilled trader, maybe the Pro plan is for you!
Profit.ly’s Other Services
Apart from the provided tools for training and Leaderboards Profit.ly has a few additional services that it can provide. One of these is its online store, which lets users select from a variety of instructional videos that are created to help you understand the nuances and pitfalls of trading. The products listed on this page of the site can be bought immediately for your personal use. These include best-selling products like”Trading Tickers,” the “Trading Tickers” series by trading professional Tim Grittani, Timothy Sykes’s collection of DVDs, streaming-only content related to penny stocking, short stocking, as well as all things trading-related, clips and footage taken from the Annual Pennystocking Conference, and items from other experts in trading.
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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 chat room as you can see it across messaging and social platforms, in addition to a few special websites that offer live chat support. But on Profit.ly, it is seen as a hands-on space where experts and their member traders can communicate and exchange knowledge in real-time. Every guru has their own style in running their chat rooms and dealing with the listed members. One might be a laid-back person who is less engaged, while another could be more online and communicative with their students. Think of chat rooms as Profit.ly’s version of a forum, in essence.
Who is the ideal trader to Profit.ly?
Profit.ly’s diverse range of products and features are geared towards a large variety of stock traders, ranging from beginners to experienced pros. Considering the number of offers it has to offer it is certain to have something for everyone.
For instance, newbies will appreciate Profit.ly’s knowledge-based content offered throughout the platform. In addition, they will get daily videos and chat room tips by its internal gurus and members. They’ll also be able choose from the items from its online store for them to take wherever they may be. Additionally, they can gain practical experiences by trading through the platform, but ultimately they’ll be able to realize that trading is a risky game that should not be viewed as an amusing pastime.
For the traders with years of exposure down the line, we believe Profit.ly as equally as suitable to those who are just starting. Although the novices might not be as well-equipped with handling trading matters but the experts already know how it works and the stack full of risks that come with it. Ideally, they may make use of Profit.ly’s range of features to their best 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 throughout the process.
Profit.ly’s “all-in” approach doesn’t just apply to newbies or semi-experienced trader. Certified experts can also take part 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 showcase their skills to others in order to guide them through the ever-illustrious trading process. Timothy Sykes Plus Size Model
Profit.ly’s Pros and Pros and
- Profit.ly’s diverse capabilities as a ‘one-stop’ stock trading platform allows traders across the globe with tons of learning tools, communication, and trading tools
- You will be taught by experts and insights from its 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 by using accurate data as well as fellow traders ready to call you out if something occurs.
- The leaderboard feature on the platform gives you the chance to establish your credibility as a trustworthy and dependable trader
- Apart from its main capabilities, Profit.ly also gives its customers extra options that can be tailored to their individual preferences, for instance, posting trades that are not authentic by taking photographs
- Profit.ly’s variety of subscription plans and guru packages are priced at a reasonable cost There’s something for all
- Profit.ly’s bountiful stream of products and packages offered might not be enough for most of its users
- As traders may opt to post any kind of trade, there’s the possibility that some of them will profit by picking the most profitable trades to boost their rating This could be a problem that shouldn’t be simply overlooked
- Profit.ly does not offer refunds as the premium customers are expected to instantly take advantage of the numerous services the platform has to offer
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The Final Concluding Question The Final Verdict: Is Profit.ly worth it?
If we could come up with an appropriate answer for this query, it’s an affirmative “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 designed to be used for this reason. Instead, you need to have the ability to think with an open heart. Timothy Sykes Plus Size Model
What we do mean”yes” is it could be a useful learning tool. Those who may be stuck may be able to find Profit.ly’s array of resources to be helpful as they do their best to avoid losses and perform better than before. It’s not just 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 truly desire to be a better trader and want to be taught by your fellows and gurus on the way, look no further – Profit.ly is a fantastic choice to start.
FAQ Timothy Sykes Plus Size Model
How can you make use of Profit.ly to post your trades?
Profit.ly includes a trade entry portion in the “My Trade category on the dashboard which allows you to post your trades, verifiable or not. There are three options:
- Connecting your account to your brokerage of choice and then importing the trades from that directly
- Manually inputting your trades with the spaces provided and details
- Send a screen shot of your trades
How can I tell whether the trade can be verified or not?
If you import your trade through a reliable brokerage, there is an excellent chance that it is verifiable. This is evident by the small blue check. If you post it in a manual way or by taking images, it will be classified as unverified.
The downside of having an unauthenticated trade is the chance of receiving negative feedback from fellow peers. If you receive too many negative votes, it could cause you to show up in the Madoff leaderboard, where users can see who’s dishonest in posting 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 and the Google Play store. The mobile version of the app is compatible with the majority of working smartphones and tablets.
How many people are currently connected to Profit.ly?
Profit.ly currently houses more than 150,000 investors and traders, because they are not just trying to maximize profits but also assist each other to learn and improve in acquiring opportunities in the stock market both right and left.