The stock market can be a high-stakes game. On some days, you could have the benefit of pleasing and positive numbers. On other days you may experience the opposite and it could be extremely difficult to get back to where you were at your peak. If you are immersed in the water You will need to realize that relying on instinct and survival is not always enough.
If you’ve been incurring losses from time to time You’ll need reliable advice from tested and tried trading experts. Additionally, you’ll require 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 improvement in the market. This review will be taking the time to look at Profit.ly A well-respected 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. 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 Quotes
Value: 4.1/5
Quality: 4.1/5
Costs: 4.1/5
Users Experience 4.5/5
Summary
Profit.ly can be described as an online platform for trading that permits traders of all levels to be knowledgeable, transparent, accountable, and uplifting with each other by offering a wide array of tools and features like trade verification, chat rooms, and an enriched library of educational material.
How do I define Profit.ly?
Profit.ly is a trading site that functions as a training and learning platform for people who are starting out and also as a platform for traders who are experienced to monitor their performance with the help of advanced analytics tools. Offering users a broad range of resources for trade and communication, it helps traders from all walks of life network with each other. It gives the gurus worthy investments within the boundaries of the platform. Consider it a social media site akin the likes of Facebook and Reddit but with a focus on experts and traders.
Profit.ly independently verifies trade performances and publishes all data from them in the form of leaderboards. The trading platform is built on transparency and honesty: it guarantees that the transactions are legitimate and will not accept fake news as long as it is possible. It was established years ago by the penny expert in stock trading and investment guru Timothy Sykes, along with fellow expert Michael Mosseri.
One time during his interview for Forbes magazine, Sykes said that Profit.ly was driven by its focus “on showing every trade, something that has never been prior to.” This idea, he added, served two goals: 1.) keeping track of public data for not just the gurus as well as newsletter writers and students, and 2) allowing all users to be enlightened by both losses and wins to the benefit of the trading industry. Timothy Sykes Quotes
How Does It Perform?
Profit.ly follows a subscription-based model that allows stock traders to have access to a range of features and services aimed toward success. You can create an account at no cost, however you’re only limited to having access to the leaderboard and follow the activities of non-gurus. If you’re looking to invest your money and see which stocks the gurus are trading in real-time, you will need to sign up to one of Profit.ly’s deals that we’ll review in the coming days.
Making an account simple: Create an account that includes your personal information and knowledge, then connect to your brokerage account and you have yourself a chance to shoot through high on the leaderboard. Profit.ly’s Leaderboard function, which was we’ve mentioned earlier it is designed to provide its users a look at 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 are also able to use Profit.ly to shop from a guru with the assurance that you’re confident with their expertise and the veracity of their assertions.
If you feel uneasy with the idea of divulging your brokerage account, you can choose to publish your trades, whether verified or otherwise, through photographs. In Profit.ly are a variety of trading classes, the ability to view the stats of a trader’s account as well as other ways to connect with your gurus through the chatroom as well as text and e-mail alerts and updates.
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Meet Tim Sykes, the founder: Tim Sykes
Timothy Sykes is a well-renowned day trading guru who has been famously known for his efforts in penny stock trading. According to Investopedia the term “penny stock” is a small business’s shares that trade for less than $5 per share. The trading of penny stocks is an avenue for small businesses to transition to a market that is larger as it gives them access to funds from the general public. But don’t make the mistake of thinking that it’s also an extremely risky activity, as Sykes can surely tell 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 through his lengthy career as trading professional. At the age of 25 Tim Sykes had received greater exposure and an even wider impact when he became part of the reality show “Wall Street Warriors.” Then, he used the opportunity to develop trading rooms, penny stock themes, as well as educational content targeted at people who are brand new to trading. He also helped establish Profit.ly as a place of transparency and for the community to uplift and compete through the platform.
The Profit.ly Gurus
One of Profit.ly’s amazing features is the vast array of learning tools, trade alerts and other useful stuff offered by the company’s internal gurus. The gurus in question refer to the trading experts who have made substantial amounts of money from their collective years of experience. Timothy Sykes Quotes
At its peak, Profit.ly had housed up to five gurus, each of them a pro in their niche in the trading industry. Some of the most famous experts were Connor Bruggermann, Nathan Michaud of Investors Underground, and Triforce, among a few others. At the time of writing, there are only two gurus who remain on the platform: the founder as well as penny-stock trader 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: 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 possible moves in making trades.
A standalone purchase in Tim’s Alerts will get you access to the chatroom, as well as the mobile app that’s available for iOS and 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 that has been upgraded of the Tim’s Alerts package. It costs $149.95 per month, this is a great option for those who are more invested in penny stock trading. Pennystocking Silver includes all the basic features of the previous plan, which includes swing trading alerts as well as unlimited access to a library of more than 7,000 instructional videos and new videos released every week.
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In “Superman” Paul Scolardi: Superman Alerts
Scolardi who is known under the alias “Superman,” is a trader who has an eye for massive stocks of the small-cap size and insanely 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 Quotes
The Superman Alerts plan is an offering of essential features and trading alerts geared toward those who may be interested. For just $147 per month, you’ll have an access to the day-to-day premarket stock watchlist and the mobile app, the daily market updates in real-time, as well as SMS and e-mail alerts.
The film “Superman” Paul Scolardi: Superman Pro
At $247/month, you get additional features and access to the extensive knowledge base that is provided by Superman himself, via his Superman Pro package. On top of the essentials that are included in the Alerts plan, Superman Pro gives you daily video lessons, which include an ever-growing library of the previous ones. Additionally you’ll also gain an access to high-quality research papers and an IPO or earnings monitor.
Profit.ly Plans and Costs
If you’re eager to join the world of online trading and leave your mark on the field, Profit.ly has the right amount of resources to get you going. The platform offers three membership levels that are designed to accommodate traders of different levels. Let’s break down what these three levels are and what they will cost you.
Novice Plan
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. Once you have signed to this plan, you will be immediately provided with a variety of powerful and indispensable trading tools, all of which is essential to keep your hands on what we call a competitive process in and of itself.
Among the list of things you can accomplish using Profit.ly’s Novice program is the ability to confirm trades and track profits; leading, following and even texting other traders; and giving feedback on the trades of today. It also allows you to be onto leaderboards; study, sort, and filter your trades and, finally, see other’s stats.
The Novice plan will cost $29.95 per month. Although it looks attractive just by the price however, there’s a drawback. You aren’t able to create a personal profile, thus making your personal information public. If you do want to get access to this feature, you should be watching for us to introduce to you Profit.ly’s next plan.
Trader Plan
The Trader package allows you to use a majority of features from the Novice plan. This plan allows that you can set up an individual profile that allows you to share with other associate users all the insights and knowledge you gain from this trading group.
Costing $49.95/month, Profit.ly’s Trader plan is exactly what it says caters to those who desire to improve their trading skills. As nice as it seems however, there’s a crucial aspect that’s not included. Unlike the previous Novice package, you will not be able to see other traders’ stats, which could be a disadvantage for some who may be looking forward to this tier. Timothy Sykes Quotes
Pro Plan
The Pro plan is the most luxurious package Profit.ly could offer for seasoned traders. It costs $74.95 each month with 22% off for annual billing This plan offers it all. It gives you full, unlimited access to all options of the previous plans combined.
You’re not only able to view other people’s stats, but you’re also given the opportunity to create your own private profile. Both of these features, plus the other advantages that you can utilize to the fullest potential. If you’re looking for a plan that can serve you everything you need as an experienced trader, the Pro tier could be the right choice for you!
Profit.ly’s Other Services
Apart from the provided tools for training and leaderboards, Profit.ly provides a variety of additional services that it can provide. One of those is its online store, which lets users pick from a range of videos created to guide you through the nuances and pitfalls of trading. All of the products featured on this page of the website is available to be purchased immediately for personal use. These include best-selling products such as”Trading Tickers,” the “Trading Tickers” series by trading specialist Tim Grittani, Timothy Sykes’s library of DVDs and streaming-only content on penny stocking, short stocking, as well as all things trading-related, clips and footage of events like the Annual Pennystocking Conference, and products from other expert traders.
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Chat rooms integrated into Profit.ly are as well part of Profit.ly’s range of services and features. You are probably familiar with the chat room since you can see it across messaging and social platforms, and also on a few specialty websites that offer live chat assistance. But on Profit.ly it’s seen as a area where experts and members trade and share knowledge in real-time. Every guru has their own way in operating their chat room and dealing with the members. One of them may be more laid back and rarely active, while another might be more active and in touch with their students. Consider chatrooms as Profit.ly’s version of a forum, in its essence.
Who is the ideal Trader for Profit.ly?
Profit.ly’s wide range of products and features are geared towards 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 everyone.
For instance, newbies will enjoy Profit.ly’s library of learning information available on the platform. In addition, they will get daily videos and chat room advice from the in-house experts and members. They’ll also be able to pick from the merchandise available on its store online that they can take with them wherever they may travel. You can also get hands-on experience trading on the platform, but ultimately, they will soon learn that this is a high stakes game that shouldn’t be treated as an amusing pastime.
For those traders who have had many years of experience down the road, we consider Profit.ly equally suited to people who are just beginning. Although the novices might not be as proficient in managing trading however, experienced traders know the way it functions and the plethora of risks that it carries. In the ideal scenario, they can use Profit.ly’s array of features to their best advantage to improve their skills in trading. Like beginners, they can study from the gurus as well as experts, and take advantage of simple tips and hints along the way.
Profit.ly’s “all-in” approach doesn’t just apply to newbies or semi-experienced trader. Verified experts can also join in the enjoyment! People in the trade industry who are at the same level as Superman and Tim Sykes can also use Profit.ly’s capabilities. Profit.ly’s abilities to show off their skill to others in order to navigate them through the ever-changing trading process. Timothy Sykes Quotes
Profit.ly’s Pros and Cons
The Pros
- Profit.ly’s diverse capabilities as a ‘one-stop’ stock trading platform allows traders across the globe with a wealth of education communications, trading, and communication tools
- You get to be taught by experts and advice from the company’s in-house gurus, including libraries of educational videos and live trading activity.
- You can be sure of complete transparency through Profit.ly with accurate analytics as well as other traders ready to call you when something goes wrong.
- The leaderboard feature of the platform offers you the opportunity to increase 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 needs, like posting unauthentic trades via images
- Profit.ly’s diverse range of packages and subscription levels are priced at reasonable prices There is truly something for everyone
The Cons
- Profit.ly’s bountiful stream of products and packages offered might not be enough for most of its customers
- Since traders can choose to open any kind of trade, there’s the possibility that some of them will profit by picking the most profitable trades to improve their ratings This could be a concern that should not be overlooked.
- Profit.ly will not allow refunds, as the premium customers will immediately benefit from the number of features the platform is able to provide
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The Final Concluding Question is: Is Profit.ly Valued?
If we were able to come up with an answer to this question, it would be yes. But you need to understand that the platform should not be used as a get-rich-quick scheme. The platform was not always meant to be designed in this way. Instead, you need to have an open mind. Timothy Sykes Quotes
What we mean”yes” is it could be a useful learning tool. Those who may be stuck might find Profit.ly’s variety of resources to be helpful in their efforts to reduce loss and perform better than before. Not only poor traders that can benefit from the platform. It can accommodate beginners and even experts!
If you really want to become more successful in trading and would like to learn from your mentors and peers throughout the process, then take a look at Profit.ly. Profit.ly is a fantastic alternative to start.
FAQ Timothy Sykes Quotes
How do you use Profit.ly to post your trades?
Profit.ly includes the option of allowing trade entries under the My Trade section of the dashboard which lets you record your trades, verifiable or otherwise. There are three choices:
- Linking your account to the brokerage of choice and then importing transactions directly through there
- Manually entering your trades using specified spaces and information.
- Send a screen shot of your trades
What can I do to determine whether the trade is authentic or not?
If you import your trade from a trusted brokerage, there’s the likelihood that it can be verified. This is shown by the small blue check. If you upload the information manually or via images, it will be assigned as unverified.
The disadvantage of an unauthentic trade is the risk of getting downvotes from your friends and colleagues. A large number of downvotes could cause you to show up in the Madoff leaderboard, which is where the public can detect who’s being dishonest in posting 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 in the Google Play store. The mobile app version works with all operating tablets and smartphones.
How many are using Profit.ly?
Profit.ly is currently home to over 150,000 investors and traders, as they not only are seeking to make the most profit but also to help one another develop and grow in their ability to take advantage of opportunities in the stock market left and right.
