The stock market can be a high-stakes game. On certain days, you may have the benefit of positive and satisfactory numbers. On other days it could be the reverse and it could be extremely difficult to get back to where you were at your most productive. If you’re always in the mud, you will have be aware that relying solely on your instincts and preserving is not always enough.
If you’ve been incurring losses from time to time, you’re gonna be needing reliable advice from tested and tried trading experts. You’re also gonna need a significant boost from your trading partners from all over the world, which is why we’ve discovered a platform that can support you in your improvement within the field. In this review, we’ll take a look at Profit.ly is a well-known 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. Do check out our article below, however, because it has a comprehensive overview of Profit.ly.
Total Rating: 4.1/5 Timothy Sykes Post Market Movers
The User’s Experience 4.5/5
Profit.ly is an online trading platform that permits traders of all levels to be informative, transparent, accountable, and encouraging one another through its wide variety of tools and features including trade verification, chat rooms as well as an extensive library of educational material.
What is Profit.ly?
Profit.ly is a site for trading which serves as a training and learning platform for those who are starting out and as a hub for traders who are experienced to monitor their performance using the aid of cutting-edge analytics tools. It provides users with a vast array of options for trade and communication, it helps traders from every field of business connect with one another. It offers gurus with worthy investments within the boundaries that the site. Think of it as a social media site akin to Facebook and Reddit, but for traders and experts.
Profit.ly independently checks the performance of trades and then publishes the information from them in the style of leaderboards. The platform’s trading model is based on trust and transparency. it makes sure that transactions are legitimate and will not allow for fraud as much as 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 his appearance in Forbes magazine Sykes said that Profit.ly was motivated by its focus “on showing all trades, something that has never been done before.” The concept, he added, served two purposes: 1) keeping track of public data for everyone, not just the experts as well as newsletter writers and students, and 2) allowing all users to gain insight into the losses and wins to benefit the industry of trading. Timothy Sykes Post Market Movers
How Does It Work?
Profit.ly follows a subscription-based model that lets stock traders gain access to a multitude of tools and services that are geared toward the success of their business. You can create an account for free, but you’re only given the ability to navigate through the leaderboards and monitor the activities of people who aren’t gurus. If you’re ready to invest your money and see what stocks the experts are trading in real-time it is necessary to subscribe to any of Profit.ly’s offers that we’ll discuss in the near future.
Setting up an account is easy: 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 to the top of the leaderboard. Profit.ly’s leaderboard feature, as mentioned previously, is designed to give its users a glimpse of the performance of the trading community and its gurus. It’s not only a chance to show value to a group of traders. You can also use Profit.ly to purchase with a professional with the assurance that you’re comfortable of their knowledge and the legitimacy of their claims.
If you feel uneasy with the idea of sharing information about your account with a brokerage, you can choose to publish your trades, verified or otherwise, through photographs. Included in Profit.ly are a variety of trading classes as well as the ability to look at stats in a trader’s profile and other methods to communicate with your gurus via chatrooms along with 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 trading guru who is famously known for delving his hands into trades in penny stocks. According to Investopedia the term “penny stock” refers to a small company’s stock which trades at under $5 for each share. Penny stock trading can be seen as an avenue for small businesses to transition into a larger market because it gives them access to money from the general public. But don’t make the mistake of thinking that it’s also an extremely risky game, as Sykes will be able to tell you because of his decades of experience.
Since his initial beginnings at the end of his time in the high schools, Tim Sykes has, since then, made over $6 million of profit during his long and successful career as trader. At the age of 25 Sykes was given greater exposure and an even wider impact when he was a part of the reality show “Wall Street Warriors.” He made use of the show to establish trading rooms and penny stock themes as well as educational content targeted 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 helpful stuff provided by the platform’s in-house gurus. These gurus refer to the experts in trading who have earned substantial profits from their combined years of expertise. Timothy Sykes Post Market Movers
At its peak, Profit.ly had housed up to five gurus. Each of them a pro within their particular field in the field of trading. Some of the most famous experts were Connor Bruggermann, Nathan Michaud of Investors Underground, and Triforce among others. At the time of writing, there are only two gurus who remain on the platform: the 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 provides a basic stock trading service which focuses on penny-stock day trading via Tim’s Alerts. At $74.95 per month, you will observe him focus on basic stock catalysts and employ them to predict the next move that is possible when making trades.
A purchase on its own from Tim’s Alerts will get you access to the chatroom and the mobile app that’s available on iOS as well as Android devices, text, e-mail, and push alerts; and a daily stock watchlist.
from Tim Sykes: The Pennystocking Silver Package
Pennystocking Silver is the premium version that has been upgraded of the Tim’s Alerts program. It costs $149.95 for a month this is the perfect plan for those who are more invested in investing in penny stocks. Pennystocking Silver includes all the basic features that were included in the previous plan, which includes swing trading alerts as well as unlimited access to a library of more than 7,000 instructional videos that are updated weekly.
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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 small-cap monumental stocks and crazy-accurate marketing forecasts. Through the years since the time he started trading, Superman has amassed over $5.5 million in trading earnings. Timothy Sykes Post Market Movers
The Superman Alerts package is his offer of the most essential features and trading alerts geared toward those who may be interested. For just $147 per month, you’ll have access to the daily stock watchlist that is premarket and the mobile app, the daily market commentary in real time, and email and SMS alerts.
From “Superman” Paul Scolardi: Superman Pro
For the price of $247, you receive additional features and access to a knowledgeable base that is provided by Superman himself, via his Superman Pro package. Alongside the standard features featured in the Alerts package, Superman Pro gives you weekly video lessonsthat include a growing library of all previous lessons. Additionally you’ll also have access to premium research reports and the IPO and earnings tracker.
Profit.ly Programs and Costs
If you’re ready to join the world of online trading and make a mark on the field, Profit.ly has the right amount of resources to get you going. Profit.ly offers three membership levels that cater to traders with different levels. Let’s look at what the three are and how much they will cost you.
The Novice package is Profit.ly’s basic plan that is designed specifically for those who are just beginning their journey to the world of trading. As you sign up for this plan, you will be immediately provided with a variety of powerful and vital trading tools, all of them integral in keeping your fingers on what we can describe as a cutthroat procedure in its own.
Among the list of things you can accomplish with Profit.ly’s Novice program is the ability to confirm trades and track profits and follow-up, leading and even chatting with your fellow traders, as well as leaving feedback on today’s trades. You can also get onto leaderboards; study 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. It isn’t possible to create a private profile, which makes your activities publicly available. If you’re looking 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 allows you to take advantage of a majority of features from the Novice plan. This plan allows that you can create a private profile for sharing with fellow associate users all your knowledge and information you have gained from this trading group.
Priced at $49.95/month, Profit.ly’s Trader plan will do what the name implies catering to those who desire to develop their expertise in trading. As nice as it seems, there is one significant element that’s missing. As opposed to the prior Novice package, you will not be able to view other traders’ statistics, which might be a drawback for those who are eager to try this new tier. Timothy Sykes Post Market Movers
The Pro plan is the highest premium package that Profit.ly offers to experienced traders. At $74.95 each month with 22% off when billed annually, this tier has it all. You get full, no-holds-barred access to all the options of the previous plans.
You’re not only able to view other people’s stats and data, but you also have the option of creating a private profile. Both of these options, plus the other advantages that you can utilize to the fullest potential. If you’re in search of a plan that can serve all the features you need to be an experienced trader, the Pro tier could be the right choice for you!
Profit.ly’s Other Services
Apart from the provided trainer tools and leaderboards, Profit.ly has a few additional services that it can offer. One of those is its online store, which lets users pick from a range of instructional videos that are designed to inform and provide guidance on the nuances and pitfalls of trading. Each of the offerings listed in this section of the website is available to be immediately purchased for personal use. Among these products include best-sellers like”Trading Tickers, “Trading Tickers” series from trading professional Tim Grittani, Timothy Sykes’s collection of DVDs, streaming-only content about penny stocking, short stocking, and other aspects of trading. There are also clips and clips from the Annual Pennystocking Conference, and items from other experts in trading.
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The chat rooms that are integrated are also part of Profit.ly’s variety of services and features. You are probably familiar with the concept of chat rooms since you can see it across messaging and social platforms, and also on a few specialty websites that provide live chat support. But in Profit.ly it’s seen as a real-time area where experts and 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 members there. One might be more laid back and not very often engaged, while another could be more active and in touch in their interactions with students. Think of the chat rooms as Profit.ly’s version of the forum in its essence.
Who is the ideal trader to Profit.ly?
Profit.ly’s wide range of products and features are geared towards the wide range of stock traders, ranging from novices to experienced professionals. Given the wide range of options it has to offer, the platform surely has something for every person.
Newbies, for instance, will enjoy Profit.ly’s library of learning content offered throughout the platform. Not only will they be provided with videos every week and chat room advice from its in-house gurus and members. They’ll also be able to choose from the items from its online store to carry with them wherever they travel. You can also get hands-on experiences from trading within the platform, but ultimately they’ll be able to realize that this is a risky game that should not be viewed as an amusing pastime.
For the traders with many years of experience down the road, we consider Profit.ly equally suited to the newcomers. Although the novices might not be as adept at dealing with trading issues but the experts already know the way it functions and the plethora of risks associated with it. Ideally, they may utilize Profit.ly’s array of features to their full advantage to improve their trading abilities. Like beginners, they can learn from the top experts and experts and utilize those quick tips and tidbits along the way.
Profit.ly’s ‘all-together’ nature does not only apply to beginners as well as semi-seasoned traders. Verified experts can also join 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 Post Market Movers
Profit.ly’s Pros and Pros and
- Profit.ly’s many 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 get to be provided with excellent lessons and tips from the inside experts, as well as video libraries that teach you how to learn and real-time trading activities
- You’re guaranteed transparency throughout Profit.ly by using accurate data as well as other traders that are waiting to reach you out if something occurs.
- The leaderboard feature on the platform gives you a way to build your reputation as a reliable and dependable trader
- In addition to its primary capabilities, Profit.ly also gives its customers additional options to meet their needs, like posting trades that are not authentic by taking screenshots
- Profit.ly’s diverse range of subscription plans and guru packages are priced at affordable rates There’s something for all
- Profit.ly’s bountiful stream of packages and products offered may seem overwhelming for most of its customers
- If traders decide to make any type of trade, there’s a possibility that some of them may take advantage by picking the most profitable trades to improve their ratings this could be a risk that shouldn’t be simply overlooked
- Profit.ly does not offer refunds as its premium users are expected to instantly take advantage of the numerous services that the platform can provide
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The Final Verdict: Is Profit.ly Worth It?
If we could think of an appropriate answer for this query, it’s yes. But you need to understand that this platform shouldn’t be viewed as a quick-fix scheme to make money. The platform wasn’t originally meant to be designed to achieve this goal. Instead, you need to have curiosity. Timothy Sykes Post Market Movers
What we mean by ‘yes’ is that it could be a useful learning tool. For those who are struggling, they could be able to find Profit.ly’s range of resources to be helpful in their efforts to avoid losses and be more successful than they did before. It’s not only the struggling traders that will profit from the platform. It can accommodate beginners and even experts in the field!
If you truly want to become a better trader and want to learn from your mentors and peers throughout the process, then you should look no further than Profit.ly. Profit.ly could be a good choice to start.
FAQ Timothy Sykes Post Market Movers
How do you use Profit.ly to make your trades public?
Profit.ly has a trade entry portion under the ‘My Trade section of the dashboard. It lets you post your trades, either verified or otherwise. There are three options:
- Connecting your account to your broker of choice and import the trades from that directly
- Manually entering your trades using specified spaces and information.
- Send a screen shot of your transactions
How can I tell whether the trade is authentic or not?
If you buy your trade through a reliable brokerage, there’s the likelihood that it can be verified. This is shown by the blue check mark. If you upload the information manually or via pictures, it will be classified as unverified.
The downside of having an unauthenticated trade is the possibility of getting downvotes from your friends and colleagues. A large number of downvotes could cause you to be listed on the Madoff leaderboard, which is where the public can detect who’s being fraudulent in posting trades.
Is the Profit.ly mobile application still available?
As of the moment, 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 are using Profit.ly?
Profit.ly currently houses more than 150,000 investors and traders as they not only are seeking to make the most profit but also to help one another grow and learn more about acquiring opportunities on the stock market both right and left.