Stock trading is a high-stakes game. On some days, you could be reaping the benefits of pleasing and positive numbers. On other days, however, the opposite may happen and it could be very difficult to return to where you were your peak. If you find yourself always in the mud You will need be aware that relying solely on your instincts and preserving is not always enough.
If you’ve been incurring occasional losses, you’re gonna be needing reliable advice from tested and tried trading experts. Also, you’ll need an enormous boost from your fellow traders from around the globe. That’s why we’ve discovered an option that can help you in your growth in the market. In this review, we’ll be taking a look at Profit.ly is a well-known 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. To get a comprehensive overview of Profit.ly, you may still want to check out our article below.
Overall Rating: 4.1/5 Timothy Sykes Real Time Trade Alerts Review
Value: 4.1/5
Quality: 4.1/5
Costs: 4.1/5
The User’s Experience 4.5/5
Summary
Profit.ly can be described as an online platform for trading that allows traders of different levels to be knowledgeable and accountable, as well as transparent and to build relationships with each other through its broad range of features and tools like chat rooms, trade verification, and an enriched library of educational content.
How do I define Profit.ly?
Profit.ly is a site for trading that serves both as a training and learning platform for those new to trading and as a hub for traders with experience to keep track of their performance through the use of sophisticated analytics tools. Providing users with a wide variety of tools for communication and trade, it helps traders from every field of business connect with each other. It gives the gurus an opportunity to invest in the right areas that the site. Consider it a social media site akin the likes of Facebook and Reddit however it is geared towards professionals and traders.
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 honesty and transparency: it ensures that the trades are authentic and won’t tolerate inauthenticity as much as it is possible. It was created in the past by penny stock trade expert and investment guru Timothy Sykes, along with his colleague Michael Mosseri.
One time , during an appearance in Forbes publication, Sykes declared that Profit.ly was driven by its focus “on showing the entire spectrum of trades, something which was never previously done.” The idea Sykes said served two objectives: one) keeping track of public data for everyone, not just the experts as well as newsletter authors and students, and 2) giving all users to gain insight into the losses and wins to benefit the industry of trading. Timothy Sykes Real Time Trade Alerts Review
How Does It Perform?
Profit.ly utilizes a subscription model which allows stock traders to gain access to a multitude of features and services aimed toward success. It is possible to create an account there at no cost, however you’re limited to the ability to navigate through the leaderboard and observe the activities of non-gurus. If you’re interested in investing your money in order to find out what stocks the experts are trading in real time it is necessary to join one of Profit.ly’s deals that we’ll discuss in the near future.
Making an account simple: Create a profile with your experiences and expertise, connect to your brokerage account and you’ll have a chance to shoot your way to the top of the leaderboard. Profit.ly’s leaderboard feature, as we’ve mentioned earlier was designed to offer its users a look at their performance as a trading group as well as its experts. It’s not just a way to show value to a community of traders, as you can also utilize Profit.ly to purchase from a guru with the assurance that you’re comfortable of their knowledge and the legitimacy of their claims.
If you’re not comfortable with the idea of sharing the details of your broker account you may decide to share your trades, whether verified or not, via photographs. In Profit.ly are the vast number of trading courses as well as the ability to look at stats in a trader’s profile, and more ways to interact with your experts in the chatroom, along with 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 well-known for his efforts in trades in penny stocks. According to Investopedia, a penny stock refers to a small-sized company’s stock which trades at under $5 for each share. Penny stock trading could be viewed as an avenue for small-scale businesses to make the transition to a market that is larger as it allows them to access capital from the public. However, don’t get it wrong – it’s also an extremely risky game, as Sykes will be able to tell you thanks to his years of expertise.
Since his initial beginnings in his late years in the high schools, Tim Sykes has, since then, earned an estimated $6 million profits during his long and successful career as trading professional. At 25 years old, he had been given more exposure and a wider influence over time when he was a part of the reality series “Wall Street Warriors.” He then took advantage of it to develop trading rooms as well as penny stock themes and educational content geared toward people who are brand new to the trading field. He also helped to establish Profit.ly as a platform for transparency, and for the community to uplift and compete with each other on the platform.
The Profit.ly Gurus
One of Profit.ly’s most appealing features is the wide range of educational sources, trade alerts and other useful stuff offered by the platform’s in-house gurus. Gurus are referred to the trading experts who have proven to make significant amounts of profit through their years of experience. Timothy Sykes Real Time Trade Alerts Review
At its peak, Profit.ly had housed up to five gurus, all of them a pro in their field of expertise in the field of trading. Some of the prominent gurus included 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 the platform: 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 look at the packaged offers each guru has to offer.
From Tim Sykes: Tim’s Alerts
Sykes offers basic stock trading services which focuses on penny-priced day trading with Tim’s Alerts. Costing $74.95 monthly, you’ll be able to see him focus on the fundamental catalysts for stocks and utilize them to forecast the next possible moves in trading.
A standalone purchase from Tim’s Alerts will get you access to the chatroom and the mobile application that is available on iOS and Android devices, texts, emails, and push alerts; and a daily stock watchlist.
from Tim Sykes: The Pennystocking Silver Package
Pennystocking Silver is the most premium, upgraded version of the Tim’s Alerts program. At $149.95 monthly, this is an ideal plan for investors who are involved in investing in penny stocks. Pennystocking Silver offers all the essential features of prior plans, such as alerts for swing trading and access to a library of over 7,000 educational videos, with new ones released every week.
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From “Superman” Paul Scolardi: Superman Alerts
Scolardi who is known under the name “Superman,” is a swing trading professional with an eye for both tiny-cap massive stocks as well as wildly 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 Real Time Trade Alerts Review
The Superman Alerts plan is an offer of the most essential features and trading alerts geared toward those who may be interested. For $147 per month, you’ll gain access daily premarket stock watchlist along with the mobile application, daily market commentary shown in real-time, as well as email and SMS alerts.
From “Superman” Paul Scolardi: Superman Pro
At $247/month, you get additional features and access to a knowledgeable base of information provided by Superman himself through his Superman Pro package. In addition to the basic features featured in the Alerts package, Superman Pro gives you weekly video lessons, including a growing library of all other previous ones. On top of that you’ll also have an access to high-quality research papers and an IPO as well as earnings tracking tool.
Profit.ly plans and costs
If you’re eager to join the trading community on the internet and leave your mark on the market, Profit.ly has the right amount of tools to get you up and running. The platform offers three membership levels that cater to traders of different levels. Let’s look at what the three tiers are and how much they’ll cost you.
Novice Plan
This package for novices is Profit.ly’s beginning-of-the-line plan specifically for people who are brand new to the trading community. Once you have signed up for this plan you’ll be provided with a variety of powerful and essential trading tools, each of them integral in keeping your fingers on what could call a ruthless process by itself.
Among the list of things you can accomplish with Profit.ly’s Novice package include the ability to verify trades and track profits; leading, following, and even messaging other traders; and providing feedback on trades today. You’re also allowed to get on leaderboards, analyze, sort, as well as filter trades; and, finally, see other people’s statistics.
The Novice plan will cost $29.95 per month. Although it might look appealing just by the price, there is a downside. It isn’t possible to create a private account, making your actions public. If you’re interested in gain the benefit of this service, be watching for us to introduce to you Profit.ly’s new plan.
The Trader Plan
The Trader package allows you to use many of the features of the Novice plan. It is in this plan that you are able to create an individual profile that allows you for sharing with fellow 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: Cater to those who desire to harness their skills in trading. Although it’s a nice thing but there’s one important element that’s missing. Unlike the previous Novice package, this one won’t be able to see other traders’ statistics this could be a problem for those who are anticipating this level. Timothy Sykes Real Time Trade Alerts Review
Pro Plan
The Professional plan can be described as the most luxurious package Profit.ly can offer to experienced traders. It costs $74.95 monthly, with an additional 22% discount for billing annually, this tier has everything. You will have full, unrestricted access to all options of the previous plans.
You’re not only able to look at other people’s statistics and data, but you also have the opportunity to create a private profile. These two features are plus the other benefits that you can use to their fullest capacity. If you’re in search of a plan that can serve you everything you need as a skilled trader, maybe the Pro tier could be the right choice for you!
Profit.ly’s Other Services
Apart from the provided training tools and the Leaderboards Profit.ly has a few other services they offer. One of those is its online store, where customers can pick from a range of videos designed to inform and guide you through the ins and outs of trading. Each of the offerings listed on this page of the website can be bought immediately for your personal use. Among these products include best-sellers such as the “Trading Tickers” series by trading specialist Tim Grittani, Timothy Sykes’s collection of DVDs and streaming-only content about short stocking, penny stocking, and other related to trading, videos and scenes taken from the Annual Pennystocking Conference, and products from other expert traders.
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The integrated chat rooms are also part of Profit.ly’s range of services and features. You may be familiar with the chat room since you can see it across messaging and social platforms, in addition to a few special websites that provide live chat support. However, in Profit.ly it’s seen as a real-time space where experts and their members can interact and learn in real time. Every guru has their own style in running their chat rooms and dealing with the members. One of them may be a laid-back person who is rarely active, while another may be more interactive and online in their interactions with students. Consider chatrooms as Profit.ly’s version of the forum in essence.
Who is the ideal Trader for Profit.ly?
Profit.ly’s variety of offerings and features caters to a large variety of stock traders, from beginners to experienced pros. Given the wide range of options it can provide it is certain to have something for everyone.
For instance, newbies will enjoy Profit.ly’s library of learning information available on the platform. They will also be provided with videos every week and chat room advice from its in-house gurus as well as their members. Additionally, they can select from the products in its online store that they can take with them wherever they may go. Additionally, they can gain practical experiences from trading within the platform, but ultimately they’ll realize that the process is a high-stakes game that should not be viewed as an amusing pastime.
For the traders with years of exposure down the road, we consider Profit.ly equally suitable to those who are just starting. While the newbies may not be as proficient in managing trading, the pros already understand how it works and the plethora of risks that it carries. In the ideal scenario, they can make use of Profit.ly’s range of features to their full advantage to develop their skills in trading. As beginners, they are able to study from the gurus and experts and utilize those simple tips and hints to help them along.
Profit.ly’s “all-inclusive” nature does not only apply to beginners as well as semi-seasoned traders. Experts who have been verified can also participate in the fun! People in the trade industry who are at an equal level with Superman or Tim Sykes can also use Profit.ly’s capabilities. Profit.ly’s capabilities to showcase their skill to others as a way to guide them through the ever-illustrious trading process. Timothy Sykes Real Time Trade Alerts Review
Profit.ly’s Pros and Cons
The Pros
- Profit.ly’s diverse capabilities as a ‘one-stop’ stock trading platform enable traders from all over the world with an abundance of knowledge communications, trading, and communication tools
- You will be provided with excellent lessons and tips from the inside experts, as well as 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 who are ready to reach you out whenever something happens
- The platform’s leaderboard feature gives you a way to build your credibility as a trustworthy and authentic trader
- Apart from its main capabilities, Profit.ly also gives its customers additional options to meet their individual preferences, for instance, posting trades that are not authentic by taking photographs
- Profit.ly’s diverse range of subscription plans and guru packages are priced at affordable rates – there truly is something for every person
The Cons
- Profit.ly’s abundance of products and packages offered might be too much for a lot of its users
- Since traders can choose to open any kind of trade, there is an opportunity that some them will profit by cherry-picking the best trades to improve their ratings – this may be a risk that shouldn’t be simply overlooked
- Profit.ly does not offer refunds, as its premium users will immediately benefit from the number of features the platform is able to provide
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The Final Verdict: Is Profit.ly worth it?
If we could come up with an answer to this question, it’s yes. However, you must realize that it shouldn’t be treated as a get-rich-quick scheme. The platform wasn’t originally designed to be used for this reason. Instead, it is best to keep curiosity. Timothy Sykes Real Time Trade Alerts Review
What we mean by ‘yes’ is that it is a fantastic learning tool. For those who are struggling, they could find Profit.ly’s range of resources useful as they do their best to incur lesser loss and perform better than they did before. It’s not just the struggling traders that will profit from the platform. It will be able to accommodate beginners as well as even experts in the field!
If you really care about being more successful in trading and would like to be taught by your mentors and peers along the way, then take a look at Profit.ly. Profit.ly may be a great option to begin.
FAQ Timothy Sykes Real Time Trade Alerts Review
What are the best ways to use Profit.ly to make your trades public?
Profit.ly includes an entry section for trades under the My Trade’ category of the dashboard. It allows you to post your trades, either verified or not. You may choose between three options:
- Connecting your account to your brokerage of choice and importing trades directly from there
- Manually entering your trades using the spaces provided and details
- Take a photo of your trades
How do I know whether the trade can be verified or not?
If you buy your trade from a reputable brokerage, there is the likelihood that it can be verified. This is indicated with the small blue check. If you post it manually or through images, it will be assigned as unverified.
The drawback of posting an unverified trade is the possibility of receiving negative feedback from colleagues. A large number of downvotes could cause you to show up at the top of the Madoff leaderboard, which is where the public can see who’s untruthful in submitting trades.
Are 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 is compatible with most functioning tablets and smartphones.
How many people are using Profit.ly?
Profit.ly currently houses over 150,000 investors and traders, as they not only are trying to maximize profits but also assist each other to develop and grow in their ability to take advantage of opportunities in the stock market all over the world.
