The stock market can be an extremely risky game. On some days, you may have the benefit of pleasing and positive numbers. However, on other days, the opposite may happen and it could be very difficult to get back to where you were at your peak. If you are constantly stuck in the gutter it is important to realize that relying on instinct and survival might not be enough.
If you’ve experienced losses 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 globe. That’s why we’ve discovered an option that can help you in your improvement within the field. We’ll take the time to 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.
Total Rating: 4.1/5 Timothy Sykes Porter Stansberry
Users Experience 4.5/5
Profit.ly is an online trading platform that enables traders of all levels to be knowledgeable, transparent, accountable, and uplifting with one another through its wide array of tools and features such as chat rooms, trade verification as well as an extensive library of educational material.
What is Profit.ly?
Profit.ly is a trading website which serves as a learning and training platform for traders who are starting out and also as a platform for experienced traders to track their performance through the use of cutting-edge analytics tools. It provides users with a vast variety of tools to facilitate trade and communication, it helps traders from every field of business connect with one another. It gives the gurus worthy investments within the boundaries of the platform. Imagine it as an online social media platform similar like Facebook and Reddit, but for experts and traders.
Profit.ly independently validates trade performance and posts all the data from them in the form of leaderboards. The trading platform is built on honesty and transparency: it guarantees that the trades are valid and won’t accept fake news as long as it is possible. It was created 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 motivated by its focus “on the transparency of the entire spectrum of trades, something which was never prior to.” This idea was, he said, serving two objectives: one) making public records for everyone, not just the experts as well as newsletter authors and students, and 2) making it possible for everyone on the platform to be enlightened by both losses and wins for the trading industry’s benefit. Timothy Sykes Porter Stansberry
How Does It Perform?
Profit.ly utilizes a subscription model which allows stock traders to benefit from a variety of services and features geared towards achieving achievement. You may set up an account for free, but you’re only limited to having the ability to navigate through the leaderboard and follow the activities of non-gurus. If you’re interested in investing your money and see what stocks the experts are trading in real-time You’ll need to join one of Profit.ly’s offers that we’ll review in the coming days.
Setting up an account is simple: Create an account that includes your personal information and skills, join your brokerage account, and you’ll be given an opportunity to make your way to at the very top of the list. Profit.ly’s Leaderboard function, which was we’ve mentioned earlier, is designed to give its users a glimpse of the performance of the trading community as well as its gurus. It’s not just a way to demonstrate your worth to a community of traders. You can also utilize Profit.ly to shop with a professional with the assurance that you’re confident in their skills and the credibility of their claims.
If you feel uneasy with the idea of divulging your brokerage account, you may choose to publish your trades, verified or not, via screenshots. In Profit.ly is the huge selection of trading classes and the capability to see stats in a trader’s profile and other methods to interact with your experts through the chatroom in addition to text and e-mail alerts and updates.
Meet the Founder: Tim Sykes
Timothy Sykes is a well-renowned day trading personality who has been famously known for his efforts in trades in penny stocks. According to Investopedia the term “penny stock” refers to a small-sized company’s stock which trades at just less than 5 cents per share. Penny stock trading is a stepping stone for small businesses to transition to a market that is larger as they can access money from the general public. But don’t be mistaken – it can also be a high-risk game, which Sykes will be able to tell you because of his decades of experience.
Beginning in his late years in high school, Tim Sykes has, since then, earned an estimated $6 million profit during his long and successful career as trader. At 25 years old, he had been given more exposure and a wider impact when he was a part of the reality series “Wall Street Warriors.” Then, he made use of the show to develop trading rooms as well as penny stock themes and educational material aimed at those who are just beginning to learn about the trading field. He also played a role in establishing Profit.ly as a platform for transparency and for the community to uplift and compete against each other through the platform.
The Profit.ly Gurus
One of Profit.ly’s sweet inclusions is the vast array of educational sources, trade alerts and other useful stuff offered by the in-house experts of the platform. The gurus in question refer to the trading experts who have proven to make substantial amounts of money through their years of expertise. Timothy Sykes Porter Stansberry
At its peak, Profit.ly had housed up to five gurus, all of them a pro in their field of expertise within the world of trading. Some of the prominent gurus included Connor Bruggermann, Nathan Michaud of Investors Underground, and Triforce among others. As of this writing, there are only two gurus who remain on the platform: Founder and penny stock trader Tim Sykes and veteran smallcap swing trader Paul Scolardi, also known as Superman. In light of that, let’s take a look at the packaged offers each guru has to offer.
From Tim Sykes Tim Sykes: Tim’s Alerts
Sykes provides basic stock trading services with the main priority being penny-stock day trading via Tim’s Alerts. The cost is $74.95 monthly, you’ll be able to be able to see him concentrate on the fundamental stock catalysts and use them to anticipate the next move that is possible when trading.
A single purchase from Tim’s Alerts will get you access to the chatroom as well as the mobile app that’s available on iOS as well as 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 premium version, with an upgraded version of Tim’s Alerts program. It costs $149.95 per month, it is the perfect plan for those who are committed to penny stock trading. Pennystocking Silver comes with all the standard features that were included in the previous plan, such as swing trading alerts as well as unlimited access to a rich library of more than 7,000 instructional videos and new videos released each week.
From “Superman” Paul Scolardi: Superman Alerts
Scolardi, who goes by the alias “Superman,” is a trader who has an eye for tiny-cap massive stocks as well as wildly accurate marketing forecasts. Through the years since when he first started trading, Superman has amassed over $5.5 million in all-time trading earnings. Timothy Sykes Porter Stansberry
The Superman Alerts plan is an offer of the most essential features and alerts on trading geared to those interested. For just $147 per month, you’ll have an access to the day-to-day premarket stock watchlist as well as the mobile application, daily market commentary in real-time, and SMS and e-mail alerts.
In “Superman” Paul Scolardi: Superman Pro
For $247 per month, you can enjoy additional features, plus access to the extensive knowledge base provided by Superman himself via the Superman Pro package. Alongside the standard features that are included in the Alerts package, Superman Pro gives you weekly video lessons, including the growing collection of previous lessons. In addition you’ll also gain access to premium research reports and an IPO and earnings tracker.
Profit.ly Programs and Costs
If you’re eager to join the world of online trading and make a mark on the field, Profit.ly has the right amount of resources to help you up and running. The platform offers three membership tiers, each designed for traders at different levels. Let’s break down what these three are and how much they’ll cost you.
The package called Novice is Profit.ly’s basic plan that is designed specifically for those who are just beginning their journey to the trading community. When you sign to this plan you’ll be given a slew of robust and indispensable trading tools, each one of them essential in keeping your fingers on what could call a ruthless process by itself.
The list of features you can do using Profit.ly’s Novice program is the ability to verify trades and track profits as well as leading, following and even texting your fellow traders, as well as providing feedback on trades today. You can also get onto leaderboards; study, sort, or filter the trades you make; and lastly, look at other people’s statistics.
The Novice plan costs $29.95 per monthly payment. Although it looks attractive simply because of the price however, there’s a drawback. It isn’t possible to create a private profile, which makes your activities publicly available. If you’re looking to get access to this feature, you should stay tuned as we introduce to you Profit.ly’s next strategy.
The Trader package lets users to benefit from many of the features of the novice plan. It is in this plan that you can create an account that is private for sharing with fellow associates all your insights and intel in the trading community.
Costing $49.95/month, Profit.ly’s Trader plan will do what the name implies: Cater people who want to improve their expertise in trading. As nice as it seems but there’s one important element that’s missing. As opposed to the prior Novice package, you won’t be able to view other traders’ stats that might be a drawback for those eager to try this new tier. Timothy Sykes Porter Stansberry
The Pro plan is the most expensive plan Profit.ly could offer for seasoned traders. With $74.95 per month, with a 22% discount when billed annually This plan offers everything. You will have full, unrestricted access to all features from the two previous plans.
Not only do you get to view other people’s stats, but you’re also given the option of creating an individual profile. These two features are on top of all the advantages you’ll be able to use to their fullest capacity. If you’re in search of an option that gives all the features you need to be a skilled trader, maybe the Pro plan is the right choice for you!
Profit.ly’s Other Services
Apart from the tools for training and Leaderboards Profit.ly provides a variety of additional services that it can offer. One of these is its online store, which allows users to pick from a range of videos created to guide you through the ins and outs of trading. Each of the offerings listed on this page of the site can be purchased immediately for personal use. These include best-selling products like”Trading Tickers,” the “Trading Tickers” series from trading specialist Tim Grittani, Timothy Sykes’s collection of DVDs and streaming-only content about short stocking, penny stocking, as well as all related to trading, videos and clips taken from The Annual Pennystocking Conference, and products from other expert traders.
Chat rooms integrated into Profit.ly are included in Profit.ly’s range of features and services. You are probably familiar with chat rooms since you will see it on messaging and social platforms, and also on a few specialty websites that offer live chat support. But on Profit.ly it’s seen as a real-time space where experts and their members trade and share knowledge in real-time. Every guru has their own style in running their chat rooms and dealing with the members there. One of them may be more laid back and not very often active, while another might be more online and communicative to their pupils. Consider chat rooms like Profit.ly’s version of the forum in its essence.
Who is the best Trader for Profit.ly?
Profit.ly’s diverse range of products and features cater to a large variety of stock trader types, from beginners to experienced pros. Given the wide range of options it has to offer it is certain to have something for every person.
For instance, newbies can take advantage of Profit.ly’s collection of educational information available on the platform. In addition, they will be provided with videos every week and chat room tips by its internal gurus and members. They’ll also be able to choose from the items in its online store to carry with them wherever they travel. You can also get hands-on experiences by trading through the platform, but eventually they’ll realize that trading is a high stakes game that should not be viewed as an opportunity to make fun of.
For the traders with years of exposure down the line, we see Profit.ly equally suitable to the newcomers. Although the novices might not be as proficient in managing trading but the experts already know how it works along with the plethora of risks associated 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 learn from the top experts and experts , and use those short tips and tricks along the way.
Profit.ly’s “all-in” approach doesn’t just apply to newbies as well as semi-seasoned traders. Experts who have been verified can also participate in the excitement! People in the trade industry who are on similar levels to Superman or Tim Sykes can also use the power of Profit.ly’s abilities to show off their expertise to other traders as a way to navigate them through the ever-changing trading process. Timothy Sykes Porter Stansberry
Profit.ly’s Pros and Cons
- Profit.ly’s numerous capabilities as a ‘one-stop’ stock trading platform enable it to provide traders everywhere with a wealth of education, communication, and trading 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 by using accurate data and fellow traders ready to call you out if something occurs.
- The leaderboard feature of the platform offers you the chance to establish your credibility as a trustworthy and authentic trader
- Apart from its main capabilities, Profit.ly also gives its users extra options to suit their individual preferences, for instance, posting trades that are not authentic by taking images
- Profit.ly’s variety of subscription plans and guru packages are priced at reasonable prices – there truly is something for all
- Profit.ly’s numerous products and packages offered might be too much for most of its users
- Since traders can choose to make any type of trade, there is the possibility that some of them may take advantage by selecting the best trades in order to improve their ratings this could be a concern that should not be simply overlooked
- Profit.ly does not offer refunds as its premium users will immediately take advantage of the numerous services that the platform can offer
The Final Concluding Question is: Is Profit.ly worth it?
If we could think of the answer, it would be an affirmative “yes”. But you need to understand that this platform shouldn’t be viewed as a get-rich-quick scheme. It wasn’t meant to be designed for this reason. Instead, you need to have curiosity. Timothy Sykes Porter Stansberry
What we do mean”yes” is that it could be a useful learning tool. For those who are struggling, they could be able to find Profit.ly’s array of resources useful in their efforts to reduce loss and perform better than before. It’s not only the struggling traders that will benefit from the platform. It can accommodate beginners and even experts!
So, if you genuinely care about being better at trading and wish to learn from your peers and experts along the way, then take a look at Profit.ly. Profit.ly may be a great alternative to start.
FAQ Timothy Sykes Porter Stansberry
What are the best ways to use Profit.ly to publish your trades?
Profit.ly has an entry section for trades within the My Trade’ category of the dashboard that allows you to post your trades that are verified or otherwise. You may choose between three options:
- Linking your account to the brokerage of choice and importing trades directly from there
- Manually inputting your trades with provided spaces and specifics
- Take a photo of your transactions
How do I know whether the trade is authentic or not?
If you import your trade through a reliable brokerage, there’s the probability that it’s verifiable. This is evident by the small blue check. If you upload it manually or through pictures, it will be classified as unverified.
The downside of having an unverified trade is the chance of getting downvotes from your friends and colleagues. Too many downvotes may cause you to be listed at the top of the Madoff leaderboard, where users can detect who’s being untruthful in submitting trades.
Does the Profit.ly mobile app still available?
As of the moment, Profit.ly is still available to download via the App Store for Apple and the Google Play store. The mobile version of the app works with all functioning tablets and smartphones.
How many are connected to Profit.ly?
Profit.ly currently houses more than 150,000 investors and traders, since they’re not just seeking to make the most profit but also assist each other to grow and learn more about acquiring stock market opportunities both right and left.