Stock trading can be an exciting game with high stakes. On certain days, you could be reaping the benefits of positive and satisfying numbers. On other days, the opposite may happen, and it may sometimes be very difficult to get back to where you were at your most productive. If you’re constantly stuck in the gutter You will need be aware that relying solely on pure instinct and preservation may not always be enough.
If you’ve suffered losses from time to time and you’re likely to require sound advice from tried-and-tested trading experts. Additionally, you’ll require an important boost from trading partners from all over the world, which is why we’ve identified an online platform that will help you in your improvement within the field. We’ll be taking 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.
Overall Rating: 4.1/5 Timothy Sykes Prices
Value: 4.1/5
Quality: 4.1/5
Costs: 4.1/5
The User’s Experience 4.5/5
Summary
Profit.ly offers an internet-based trading service that allows traders of all levels to be informative responsible, transparent, and to build relationships with one another through its wide range of features and tools such as chat rooms, trade verification, and an enriched library of educational content.
What exactly is Profit.ly?
Profit.ly is a trading site that functions as a training and learning platform for those who are just beginning their journey as well as a place for traders who are experienced to monitor 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 connect with each other. It gives the gurus worthwhile investments within the confines of the platform. Imagine it as a social media site akin to Facebook and Reddit however it is geared towards traders and experts.
Profit.ly independently verifies trade performances and posts all the data from them in the style of leaderboards. The trading platform is built on trust and transparency. it ensures that the trades are valid and won’t allow for fraud as much as is humanly possible. It was established in the past by penny stock trade expert and investment guru Timothy Sykes, along with the other expert Michael Mosseri.
One time during his interview with Forbes publication, Sykes declared that Profit.ly was based “on showing all trades, something that was never done before.” The idea was, he said, serving two objectives: one) keeping track of public data for everyone, not just the experts as well as newsletter authors and students, and 2) allowing all users to be enlightened by both the wins and losses to benefit the industry of trading. Timothy Sykes Prices
How Does It Perform?
Profit.ly follows a subscription-based model that lets stock traders benefit from a variety of tools and services that are geared toward the success of their business. You may set up an account at no cost, however you’re only given the ability to navigate through the leaderboards and monitor the actions of non-gurus. If you’re ready to invest your money and see which stocks the gurus are trading in real time it is necessary to subscribe to any of Profit.ly’s offers, which we will discuss in the near future.
The process of opening an account is easy: create an account with your experience and expertise, 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 function, which was mentioned previously, is designed to give its users an insight into their performance as a trading group and its gurus. You’re not just allowed to show that you’re worthy to the group of traders, as you can also use Profit.ly to shop with a guru, and have the assurance that you’re comfortable in their skills and the credibility of their assertions.
If you are unsure about the idea of divulging information about your account with a brokerage, then you could opt to post your trades, either verified or not, by taking screenshots. In Profit.ly are the vast number of courses in trading, the ability to view the stats of a trader’s account and other methods to connect with your gurus via chatrooms as well as 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 trader who is famously known for his efforts in penny stock trading. According to Investopedia, a penny stock is a small business’s stock which trades at just less than 5 cents per share. The trading of penny stocks could be viewed as an avenue for small businesses to transition into a larger market because it gives them access to money from the public. However, don’t get it wrong – it’s also a high-risk game, which Sykes will be able to tell you through his many years of experience.
Since his initial beginnings in his late years in High School, Tim Sykes has, since then, earned more than $6 million in profits throughout his illustrious career as trader. When he was 25 years old Tim Sykes had received greater exposure and an even wider reach of influence as a participant in the reality TV show “Wall Street Warriors.” He used the opportunity to establish trading rooms and penny stock themes and educational material aimed at those who are new to the trading field. He also played a role in establishing Profit.ly as a platform for transparency and to allow the community to rise and compete against each other on the platform.
The Profit.ly Gurus
One of Profit.ly’s sweet inclusions is the vast array of education sources, trade alerts as well as other useful information provided by the company’s internal gurus. Gurus are referred to the trading experts who have earned substantial amounts of money from their collective years of experience. Timothy Sykes Prices
At its peak, Profit.ly had housed up to five gurus. Each of them a professional in their niche in the trading industry. Some of the prominent experts included Connor Bruggermann, Nathan Michaud of Investors Underground, and Triforce as well as a handful of others. As of this writing, there are only two gurus who remain on this platform: Founder and 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 offers.
From Tim Sykes: Tim’s Alerts
Sykes provides a basic stock trading service that focuses on penny-priced day trading with Tim’s Alerts. The cost is $74.95 per month, you’ll be able to be able to see him concentrate on the fundamental catalysts for stocks and utilize them to predict the next possible moves in making trades.
A purchase on its own in Tim’s Alerts will get you access to the chatroom and the mobile app available for iOS as well as Android devices; texts, emails and push alerts; and a daily stock watchlist.
Tim Sykes: From Tim Sykes: The Pennystocking Silver Package
Pennystocking Silver is the most premium version, with an upgraded version of Tim’s Alerts package. Priced at $149.95 per month, it is a great option for those who are more invested in investing in penny stocks. Pennystocking Silver offers all the essential features that were included in earlier plans including swing trading alerts and unlimited access to a library of over 7,000 educational videos and new videos released weekly.
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In “Superman” Paul Scolardi: Superman Alerts
Scolardi, who goes by the name “Superman,” is a professional in swing trading with an eye for massive stocks of the small-cap size and insanely accurate marketing forecasts. In the time since the time he started trading, Superman has amassed over $5.5 million in total trading profits. Timothy Sykes Prices
The Superman Alerts plan is his offer of the most essential features and trading alerts geared toward those who may be interested. For $147 per month, you’ll gain an access to the day-to-day premarket stock watchlist as well as the mobile app, the daily market updates in real-time, as well as email and SMS alerts.
The film “Superman” Paul Scolardi: Superman Pro
For $247 per month, you can enjoy additional features, plus access to an extensive base of knowledge that is 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 weekly video lessonsthat include an ever-growing library of previous lessons. Additionally, you’ll also get an access to high-quality research papers as well as an IPO or earnings monitor.
Profit.ly plans and costs
If you’re looking to join the online trading community and leave your mark on the industry, Profit.ly has the right amount of tools to get you up and running. The platform offers three membership levels, each designed for traders at different levels. Let’s look at what the three levels are and what they’ll cost you.
Novice Plan
This package for novices is Profit.ly’s basic plan that is designed specifically for people who are brand new to the trading world. When you sign to this plan you’ll be provided with a variety of powerful and vital trading tools, all of them integral in keeping your fingers on what we call a competitive process by itself.
The list of features you can accomplish using Profit.ly’s Novice package include the ability to confirm trades and track profits; leading, following, and even messaging other traders; and leaving feedback on today’s trades. It also allows you to be on leaderboards, analyze, sort, as well as filter trades and lastly, look at other’s stats.
The Novice plan will cost $29.95 per month. Although it looks attractive for the price alone, there is a downside. You aren’t able to create a personal account, making your actions public. If you’re looking to gain an account with this option, keep an eye on us as we present to you Profit.ly’s new plan.
Trader Plan
The Trader package lets users to benefit from the majority of features available in the Novice plan. It is in this plan that you can create an individual profile that allows you to share with other associate users all the insights and information you have gained from this trading group.
Costing $49.95/month, Profit.ly’s Trader plan is exactly what it says caters for those looking to harness their trading skills. Although it’s a nice thing but there’s one important aspect that’s not included. Unlike the previous Novice package, you will not be able to view other traders’ statistics this could be a problem for those who are eager to try this new tier. Timothy Sykes Prices
Pro Plan
This is by far the highest premium package that Profit.ly can offer to experienced traders. At $74.95 monthly, with an additional 22% discount when billed annually, this tier has everything. It gives you full, unlimited access to all the features of the previous plans.
You’re not only able to look at other people’s statistics and data, but you also have the chance to create your own private profile. Both of these options, plus the other advantages you’ll be able to use to their fullest capacity. If you’re looking for an account that will give all the features you need to be trader with experience, the Pro plan is the right choice for you!
Profit.ly’s Other Services
In addition to the trainer tools and leaderboards, Profit.ly provides a variety of other services they provide. One of these is its online store, which allows users to select from a variety of videos that are designed to educate and provide guidance on the ins and outs of trading. All of the products featured on this page of the website is available to be immediately purchased for personal use. Some of these include bestsellers like”Trading Tickers,” the “Trading Tickers” series from trading professional Tim Grittani, Timothy Sykes’s library of DVDs and streaming-only content on penny stocking, short stocking, and all other aspects of trading. There are also clips and scenes from The Annual Pennystocking Conference, and items from other experts in trading.
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The chat rooms that are integrated are as well part of Profit.ly’s range of features and services. You are probably familiar with the chat room as you can find it throughout messaging and social platforms, in addition to a few special websites that offer live chat support. But on Profit.ly it’s seen as a hands-on space where experts and their members trade and share knowledge in real-time. Every guru has their own way when it comes to running their chat room and dealing with the members. Some may be laid back and rarely engaged, while another could be more active and in touch to their pupils. Think of chat rooms like Profit.ly’s version of the forum, in the essence.
Who is the Ideal Trader for Profit.ly?
Profit.ly’s diverse range of products and features caters to an array of stock traders, from novices to the most experienced. Considering the number of offers it offers this platform definitely has something for all.
For instance, newbies will appreciate Profit.ly’s collection of educational content offered throughout the platform. They will also be enriched with weekly videos and chat room advice from its in-house gurus and their members. Additionally, they can pick from the merchandise available in its online store for them to take wherever they may travel. You can also get hands-on experiences from trading within the platform, however they’ll be able to realize that the process is a high-stakes game that shouldn’t be treated as a joke.
For those traders who have had many years of experience down the line, we believe Profit.ly as equally as suitable for them as it is for the newcomers. While the newbies may not be as well-equipped with managing trading but the experts already know how it works along with the stack full of risks associated with it. It is ideal to utilize Profit.ly’s range of features to their full advantage to enhance 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-together’ nature isn’t limited to novices and semi-experienced traders. Experts who have been verified can also participate in the enjoyment! Trade professionals who are on similar levels to Superman or Tim Sykes can also use the power of Profit.ly’s capabilities to display their skills to others in order to navigate them through the ever-changing trading process. Timothy Sykes Prices
Profit.ly’s Pros and Cons
The Pros
- Profit.ly’s many capabilities as a “one-stop’ stock trading platform allows traders from all over the world with tons of learning tools, communication, and trading tools
- You’ll receive excellent training and tips from the in-house gurus, including video libraries that teach you how to learn and live trading activity.
- You’re guaranteed transparency throughout Profit.ly with precise analytics as well as other traders that are waiting to reach you when something goes wrong.
- The leaderboard feature of the platform offers you the opportunity to increase your credibility as a trustworthy and authentic trader
- In addition to its primary abilities, Profit.ly also gives its customers extra options that can be tailored to their needs, like posting trades that are not authentic by taking photographs
- Profit.ly’s variety of packages and subscription levels are priced at reasonable prices – there truly is something for every person
The Cons
- Profit.ly’s abundance of packages and products offered may be too much for the majority of its users
- Since traders can choose to open any kind of trade, there’s a possibility that some of them could profit from picking the most profitable trades to improve their ratings – this may be a concern that should not be ignored.
- Profit.ly will not allow refunds as its premium users are expected to immediately take advantage of the numerous features the platform is able to offer
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The Final Verdict: Is Profit.ly worth it?
If we could come up with an answer to this question, it would be an affirmative “yes”. But it is important to realize that it shouldn’t be treated as a quick-fix scheme to make money. It wasn’t designed to be used to achieve this goal. Instead, it is best to keep an open mind. Timothy Sykes Prices
What we mean by ‘yes’ is that it can be a great learning tool. People who are stuck may discover Profit.ly’s range of resources useful in their efforts to incur lesser loss and perform better than before. It’s not just the poor traders that can profit from the platform. It will be able to accommodate beginners as well as even experts in the field!
So, if you genuinely want to become better at trading and wish to be taught by your mentors and peers throughout the process, then take a look at Profit.ly. Profit.ly may be a great option to begin.
FAQ Timothy Sykes Prices
What are the best ways to use Profit.ly to make your trades public?
Profit.ly offers an entry section for trades within the ‘My Trade section of the dashboard that lets you record your trades, verifiable or not. There are three options:
- Connecting your account to your brokerage of choice and importing transactions directly through there
- Manually inputting your trades with the spaces provided and details
- Send a screen shot of your transactions
What can I do to determine whether the trade is authentic or not?
If you import your trade through a reliable brokerage, there’s an excellent chance that it is verifiable. This is evident by the small blue check. If you post the information manually or via images, it will be assigned as unverified.
The drawback of posting an unauthenticated trade is the risk of getting downvotes from your colleagues. If you receive too many negative votes, it could cause you to be listed on the Madoff leaderboard, which is where the public can detect who’s being fraudulent in posting trades.
Are the Profit.ly mobile application still available?
As of the moment, Profit.ly is still available to download from the Apple App Store as well as on the Google Play store. The mobile app version is compatible with most operating tablets and smartphones.
How many are using Profit.ly?
Profit.ly currently houses more than 150,000 investors and traders, because they are not just looking to earn maximum profits but also assist each other to learn and improve in acquiring opportunities on the stock market left and right.
