The stock market can be an extremely risky game. Some days, you may enjoy the benefits of positive and satisfactory numbers. However, on other days you may experience the opposite and it can be extremely difficult to return to the point you were at your best. If you are immersed in the water You will need to realize that relying on pure instinct and preservation is not always enough.
If you’ve experienced losses from time to time You’ll need solid advice from seasoned and tested trading experts. You’re also gonna need an enormous boost from your trading partners from all over the globe, which is why we’ve found a platform that can support you to improve your performance in the industry. This review will take a look at Profit.ly A well-respected 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. Do check out our article below, however, because it has a comprehensive overview of Profit.ly.
Overall Rating: 4.1/5 Timothy Sykes Post Market
Value: 4.1/5
Quality: 4.1/5
Costs: 4.1/5
User Experience: 4.5/5
Summary
Profit.ly offers an internet-based trading service that permits traders of various levels to be knowledgeable responsible, transparent, and uplifting with each other through its broad array of tools and features like chat rooms, trade verification as well as an extensive library of educational material.
What exactly is Profit.ly?
Profit.ly is a trading site that functions as a training and learning platform for traders who are starting out and as a hub for experienced traders to track their performance through the use of advanced analytics tools. Providing users with a wide variety of tools to facilitate trade and communication and letting traders from all walks of life network with one another. It offers gurus with an opportunity to invest in the right areas of the platform. Think of it as the social media equivalent the likes of Facebook and Reddit however it is geared towards traders and experts.
Profit.ly independently checks the performance of trades and then publishes the information from them in the form of leaderboards. The platform’s trading model is based on trust and transparency. it guarantees that the transactions are legitimate and will not accept fake news as long as possible. It was established in the past by penny expert in stock trading and investment expert Timothy Sykes, along with his colleague Michael Mosseri.
In an interview for Forbes magazine, Sykes stated that Profit.ly was based “on showing the entire spectrum of trades, something which has never been done before.” This idea, he added, served two purposes: 1) creating public track records for all traders, not just the gurus, but also the newsletter authors and students as well as) making it possible for everyone on the platform to gain insight into the losses and wins for the trading industry’s benefit. Timothy Sykes Post Market
How Does It Work?
Profit.ly is a subscription-based platform which allows stock traders to gain access to a multitude of tools and services that are geared toward success. You may set up an account for free, but you’re limited to the ability to navigate through the leaderboard and follow the actions of non-gurus. If you’re looking to invest your money to see what stocks the experts are trading in real-time You’ll need to subscribe to any of Profit.ly’s offers, which we will review in the coming days.
The process of opening an account is simple: Create an account that includes your personal information and skills, join your brokerage account, and you have yourself the chance to climb your way up to at the very top of the list. Profit.ly’s leaderboard feature, as we’ve mentioned earlier, is designed to give its users an insight into their performance as a trading group as well as its experts. It’s not just a way to demonstrate your worth to a group of traders, but you can also use Profit.ly to purchase with a professional with the assurance that you’re comfortable with their expertise and the legitimacy of their claims.
If you feel uneasy with the idea of sharing information about your account with a brokerage, then you could decide to share your trades, either verified or otherwise, through screenshots. In Profit.ly is the huge selection of trading classes, the ability to view statistics on a person’s profile and other methods to connect with your gurus in the chatroom, in addition to email and text alerts 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 well-known for his efforts in the penny-stock market. According to Investopedia the term “penny stock” refers to a small company’s stock that trades for just less than 5 cents per share. The penny stock market can be seen as a stepping stone for small companies to move to a large marketplace as it allows them to access capital from the 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 at the end of his time in the high schools, Tim Sykes has, since then, earned over $6 million of profits during his long and successful career as trading professional. At 25 years old Tim Sykes had received greater exposure and a larger impact when he became part of the reality series “Wall Street Warriors.” Then, he took advantage of it to develop trading rooms as well as penny stock themes as well as educational content targeted at those who are just beginning to learn about trading. He also helped to establish Profit.ly as a place for openness, and to allow the community to rise and compete against each other through the platform.
The Profit.ly Gurus
One of Profit.ly’s amazing features is the wide range of education sources, trade alerts as well as other useful information provided by the in-house experts of the platform. The gurus in question refer to experts in the field of trading who have made significant amounts of profit from their combined years of experience. Timothy Sykes Post Market
At its height, Profit.ly had housed up to five gurus. Each of them an expert in their field of expertise in the trading industry. Some of the most prominent experts were Connor Bruggermann, Nathan Michaud of Investors Underground, and Triforce as well as a handful of others. At the time of writing there are only two gurus who remain on this platform: Founder as well as 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 offers.
From Tim Sykes Tim Sykes: Tim’s Alerts
Sykes offers basic stock trading services with the main priority being penny stock day trading through Tim’s Alerts. At $74.95 for a month you’ll be able to see him concentrate on the basic stock catalysts and employ them to predict the next possible moves in making trades.
A single purchase in Tim’s Alerts will get you access to the chatroom, as well as the mobile application that is available on iOS and Android devices, email, text and push alerts as well as a daily watchlist of stocks.
From Tim Sykes: The Pennystocking Silver Package
Pennystocking Silver is the highest-quality version that has been upgraded of the Tim’s Alerts program. Priced at $149.95 per month, this is the perfect plan for those who are more committed to penny stock trading. Pennystocking Silver comes with all the standard features found in earlier plans which includes alerts for swing trading and access to a rich collection of more than 7,000 educational videos, with new ones released weekly.
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In “Superman” Paul Scolardi: Superman Alerts
Scolardi who goes under the name “Superman,” is a trader who has an eye for both massive stocks of the small-cap size and insanely 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 Post Market
The Superman Alerts plan is an offer of the most essential features and trading alerts targeted to those interested. For $147/month, you’ll get access daily stock watchlist that is premarket and the mobile app, daily market updates in real time, and email and SMS alerts.
The film “Superman” Paul Scolardi: Superman Pro
At $247/month, you get additional features, plus access to the extensive knowledge base of information provided by Superman himself, via Superman Pro. Superman Pro package. On top of the essentials that are included in the Alerts plan, Superman Pro gives you daily video lessons, which include the growing collection of the previous ones. On top of that, you’ll also get the ability to access premium reports on research as well as the IPO or earnings monitor.
Profit.ly Plans and Costs
If you’re eager to join the world of online trading and leave a mark in the industry, Profit.ly has the right amount of resources to get you going. The platform offers three membership levels that cater to traders at different levels. Let’s look at what the three levels are and what they will cost you.
Novice Plan
The Novice package is Profit.ly’s entry-level plan designed especially for people who are brand new to the world of trading. Once you have signed up for this plan, you will be immediately provided with a variety of powerful and vital trading tools, all of which is essential to keep your hands on what we can describe as a cutthroat procedure in its own.
The list of features you can accomplish using Profit.ly’s Novice program is the ability to verify the results of your trades and track profit as well as leading, following and even chatting with other traders; and providing feedback on trades today. You’re also allowed to get on leaderboards, analyze your trades, sort or filter the trades you make and, finally, see other’s stats.
The Novice plan costs $29.95 per monthly payment. Although it looks attractive simply because of the price but there’s a disadvantage. It isn’t possible to create a private profile, which makes your personal information public. If you do want to have the benefit of this service, stay tuned as we introduce to you Profit.ly’s next strategy.
The Trader Plan
The Trader package allows you to take advantage of the majority of features available in the Novice plan. It is in this plan that you can create an account that is private to share with fellow associate users all the insights and information you have gained from this trading group.
The price is $49.95/month, Profit.ly’s Trader plan will do what the name implies catering to those who desire to develop their trading skills. While it’s nice however, there’s a crucial element that’s missing. Unlike the previous Novice package, you will not be able to view other traders’ stats this could be a disadvantage for those looking forward to this tier. Timothy Sykes Post Market
Pro Plan
This is by far the most expensive plan Profit.ly could offer for seasoned traders. It costs $74.95 monthly, which includes an additional 22% discount for annual billing the Pro plan has it all. It gives you full, unlimited access to all features of the previous plans combined.
In addition, you’ll be able to see other users’ stats and data, but you also have the opportunity to create your own private profile. Both of these features, plus the other advantages you’ll be able to use to the maximum extent. If you’re in search of a plan that can serve you with everything you require as an experienced trader, the Pro level is 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, where customers can pick from a range of instructional videos that are that are designed to educate and guide you through the ins and outs of trading. All of the products featured in this section of the website can be purchased immediately for personal use. Some of these include bestsellers like the “Trading Tickers” series by trading professional Tim Grittani, Timothy Sykes’s collection of DVDs and streaming-only content on short stocking, penny stocking, and all other related to trading, videos and clips taken from The Annual Pennystocking Conference, and products from other expert traders.
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The chat rooms that are integrated are as well part of Profit.ly’s range of services and features. You’re probably familiar with chat rooms since you will see it on social and messaging platforms and also on a few specialty websites that offer live chat assistance. However, in Profit.ly it’s seen as a hands-on space where experts and their member traders can communicate and learn in real time. Every guru has their own style in running their chat rooms and dealing with the members. One might be more laid back and rarely active, while another may be more interactive and online in their interactions with students. Think of chat rooms like Profit.ly’s version of the forum in the essence.
Who is the Ideal trader to Profit.ly?
Profit.ly’s wide range of products and features cater to a large variety of stock trader types, from novices to experienced professionals. Given the wide range of options it has to offer it is certain to have something for all.
Beginners, for instance, will enjoy Profit.ly’s knowledge-based content offered throughout the platform. Not only will they get daily videos and chat room advice from its in-house gurus and their members. They’ll also be able 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 from trading within the platform, but eventually they’ll be able to realize that this is a risky game that shouldn’t be taken as an opportunity to make fun of.
For the traders with decades of experience in the line, we believe Profit.ly as equally as suitable to those who are just starting. While novice traders may not be as well-equipped with dealing with trading issues but the experts already know the way it functions and the stack full of risks that it carries. Ideally, they may use Profit.ly’s variety of options to their maximum advantage to develop their skills in trading. Like beginners, they can study from the gurus and experts , and use those simple tips and hints to help them along.
Profit.ly’s “all-in” approach doesn’t just apply to newbies as well as semi-seasoned traders. Certified experts can also take part in the enjoyment! Trade professionals who are on the same level as Superman or Tim Sykes can also use up Profit.ly’s capabilities to showcase their skill to others as a way to help guide them through the ever-illustrious trading process. Timothy Sykes Post Market
Profit.ly’s Pros and Cons
The Pros
- Profit.ly’s diverse capabilities as a “one-stop’ stock trading platform enable it to provide traders everywhere with tons of learning tools, communication, and trading tools
- You get to receive excellent training and insights from its inside experts, as well as libraries of educational videos and live trading activity.
- You’re guaranteed transparency throughout Profit.ly by using accurate data as well as fellow traders that are waiting to reach you when something goes wrong.
- The leaderboard feature of the platform offers you a way to build your credibility as a trustworthy and dependable trader
- In addition to its primary capabilities, Profit.ly also gives its customers additional options to meet their individual preferences, for instance, posting unverifiable trades through screenshots
- Profit.ly’s wide array of subscription plans and guru packages are priced at reasonable prices – there truly is something for all
The Cons
- Profit.ly’s numerous packages and services offered could seem overwhelming for the majority of its users
- Since traders can choose to open any kind of trade, there’s the possibility that some of them may take advantage by selecting the best trades in order to increase the rating – this may be a risk that shouldn’t be ignored.
- Profit.ly does not offer refunds as the premium customers are expected to instantly take advantage of the numerous services the platform has to provide
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The Final Verdict: Is Profit.ly Worth It?
If we could think of the answer, it’s a ‘yes’. However, you must realize that this platform shouldn’t be viewed as a get-rich-quick scheme. It wasn’t intended to be created for this reason. Instead, it is best to keep curiosity. Timothy Sykes Post Market
What we mean”yes” is that it can be a great learning tool. For those who are struggling, they might discover Profit.ly’s variety of resources helpful in their efforts to incur lesser losses and perform better than before. It’s not only the struggling traders who will profit from the platform. It is able to accommodate novices and even experts in the field!
If you really desire to be more successful in trading and would like to be taught by your fellows and gurus on the way, look no further – Profit.ly could be a good choice to start.
FAQ Timothy Sykes Post Market
What are the best ways to use Profit.ly to post your trades?
Profit.ly offers a trade entry portion in the “My Trade category on the dashboard that lets you post your trades that are verified or otherwise. There are three options:
- Connecting your account to your brokerage of choice and then importing trades directly from there
- Manually inputting your trades with the spaces provided and details
- Send a screen shot of your transactions
How do I know if the trade is verifiable or not?
If you buy your trade from a trusted brokerage, there is a high likelihood that it can be verified. This is shown by the blue check mark. If you post it manually or through images, it will be classified as unverified.
The drawback of posting an unverified trade is the chance of receiving negative feedback from friends and colleagues. If you receive too many negative votes, it could cause you to show up at the top of the Madoff leaderboard, which is where the public are able to identify who is untruthful in submitting trades.
Are the Profit.ly mobile app still in use?
As of the moment, Profit.ly is still available to download via the Apple App Store and in the Google Play store. The mobile app version works with all operating tablets and smartphones.
How many people are currently on Profit.ly?
Profit.ly currently houses more than 150,000 traders and investors, as they not only are trying to maximize profits but also assist each other to grow and learn more about acquiring opportunities on the stock market all over the world.
