Stock trading can be a high-stakes game. On certain days, you might have the benefit of positive and satisfying numbers. However, on other days you may experience the opposite and it can be extremely difficult to get back to where you were at your peak. If you’re constantly stuck in the gutter, you will have to realize that relying on your instincts and preserving might not be enough.
If you’ve suffered losses from time to time and you’re likely to require solid advice from seasoned and tested trading experts. Additionally, you’ll require an important boost from trading partners from all over the globe. That’s why we’ve discovered a platform that can support you to improve your performance within the field. In this review, we’ll take the time to look at Profit.ly, a well-recognized 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. 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 Ripoff Report
User Experience: 4.5/5
Profit.ly offers an internet-based trading service that enables traders of different levels to be informed, transparent, accountable, and to build relationships with one another through its wide array of tools and features including trade verification, chat rooms as well as an extensive library of educational content.
How do I define Profit.ly?
Profit.ly is a trading website that functions as a learning and training platform for those new to trading and also as a platform for experienced traders to track their performance through the use of cutting-edge analytics tools. Providing users with a wide range of resources for trade and communication and letting traders from every field of business connect with each other. It also allows gurus to make an opportunity to invest in the right areas of the platform. Consider it a social media site akin to Facebook and Reddit but with a focus on traders and experts.
Profit.ly independently verifies trade performances and then publishes the information from them in the form of leaderboards. The platform for trading is built on honesty and transparency: it ensures that the trades are authentic and won’t accept fake news as long as possible. It was founded in the past by penny stock trade expert and investment expert Timothy Sykes, along with his colleague Michael Mosseri.
In an interview with Forbes publication, Sykes declared that Profit.ly was motivated by its focus “on the transparency of every trade, something that was never done before.” The idea, he added, served two objectives: one) keeping track of public data for all traders, not just the gurus and newsletter authors and students, and 2) allowing all users to learn from both the wins and losses to the benefit of the trading industry. Timothy Sykes Ripoff Report
How Does It Work?
Profit.ly utilizes a subscription model that lets stock traders benefit from a variety of services and features geared at achieving the success of their business. It is possible to create an account there for free, but you’re limited to the ability to navigate through the leaderboard and follow the activities of non-gurus. If you’re looking to invest your money in order to find out what stocks the experts are trading in real-time You’ll need to sign up to one of Profit.ly’s deals, which we will go over shortly.
Setting up an account is easy: create a profile with your experiences and expertise, connect to your brokerage account and you’ll be given the chance to climb your way to the top of the leaderboard. Profit.ly’s leaderboard feature, as previously mentioned was designed to offer its users an insight into how the community of traders performs and its experts. It’s not just a way to show that you’re worthy to the large group of traders, as you are also able to use Profit.ly to purchase with a guru, and have the confidence that you are confident of their knowledge and the veracity of their claims.
If you feel uneasy with the idea of sharing your brokerage account, you may choose to publish your trades, whether verified or otherwise, through pictures. Included in Profit.ly is the huge selection of trading classes and the capability to see statistics on a person’s profile, and more ways to connect with your gurus through the chatroom as well as email and text alerts as well as updates.
Meet Tim Sykes, the founder: Tim Sykes
Timothy Sykes is a well-renowned day trading personality who is famously 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 is an opportunity for small-scale businesses to make the transition to a market that is larger as it gives them access to money from the general public. But don’t be mistaken – it’s also an extremely risky activity, as Sykes is sure to reveal through his many years of expertise.
Since his initial beginnings at the end of his time in the high schools, Tim Sykes has, since then, made more than $6 million in earnings through his lengthy career as a trader. At the age of 25 Tim Sykes had received more exposure and a wider reach of influence when he was a part of the reality show “Wall Street Warriors.” He then used the opportunity to create trading rooms as well as penny stock themes as well as educational content targeted at those who are new to trading. He also helped to establish Profit.ly as a platform for openness, and for the community to lift each other up and compete against each other on the platform.
The Profit.ly Gurus
One of Profit.ly’s sweet inclusions is the vast array of learning resources, trade alerts, as well as other useful information provided by the company’s internal gurus. These gurus refer to experts in the field of trading who have made substantial amounts of money from their combined years of knowledge. Timothy Sykes Ripoff Report
At its peak, Profit.ly had housed up to five gurus. Each of them a professional in their field of expertise in the trading industry. Some of the most famous experts included Connor Bruggermann, Nathan Michaud of Investors Underground, and Triforce among others. As of this writing, however, only two gurus remain on this platform: the founder as well as penny-stock trader Tim Sykes and veteran smallcap swing trader Paul Scolardi, also known as Superman. When we take that into account we’ll take a look at the packages each guru has to offer.
From Tim Sykes Tim Sykes: Tim’s Alerts
Sykes provides a basic stock trading service with the main priority being penny-priced day trading with Tim’s Alerts. Costing $74.95 monthly, you’ll be able to be able to see him concentrate on the fundamental catalysts for stocks and utilize them to forecast the next moves that could occur when trading.
A single purchase in Tim’s Alerts will get you access to the chatroom and the mobile app available for iOS and Android devices, as well as texts, emails, 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, with an upgraded version of Tim’s Alerts program. Priced at $149.95 for a month this is a great option for investors who are invested in investing in penny stocks. Pennystocking Silver includes all the basic features that were included in earlier plans including swing trading alerts as well as unlimited access to an extensive library of more than 7,000 instructional videos and new videos released each week.
The following video is from “Superman” Paul Scolardi: Superman Alerts
Scolardi who goes under the name “Superman,” is a trader who has an eye for tiny-cap massive stocks as well as wildly accurate marketing forecasts. Since when he first started trading, Superman has amassed over $5.5 million in total trading earnings. Timothy Sykes Ripoff Report
The Superman Alerts package is his offer of the most essential features and trading alerts geared to those interested. For $147/month, you’ll get access daily stock watchlist that is premarket as well as the mobile app, daily market updates in real-time, and email and SMS alerts.
The film “Superman” Paul Scolardi: Superman Pro
For $247 per month, you can enjoy additional features, as well as access to an extensive base of knowledge of information provided by Superman himself, via Superman Pro. Superman Pro package. In addition to the basic features featured 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 get the ability to access premium reports on research as well as an IPO and earnings tracker.
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 help you going. Profit.ly offers three membership levels, each designed for traders with different levels. Let’s take a look at what these three are and how much they’ll cost you.
This package for novices is Profit.ly’s entry-level plan designed especially for those who are just beginning their journey to the world of trading. When you sign up for this plan, you will be immediately offered a range of strong and essential trading tools, each of them integral in keeping your fingers on what can describe as a cutthroat process by itself.
Some of the features you can do using Profit.ly’s Novice package include the ability to verify the results of your trades and track profit; leading, following and even chatting with your fellow traders; and leaving feedback on today’s trades. It also allows you to be onto leaderboards; study your trades, sort or filter the trades you make; and, lastly, view other’s stats.
The Novice plan is $29.95 per month. Although it might look appealing just by the price however, there’s a drawback. You aren’t able to create a personal profile, which makes your actions public. If you do want to get the benefit of this service, you should keep an eye on us as we present to you Profit.ly’s new plan.
The Trader package lets users to benefit from many of the features of The Novice package. It is in this plan that you can create a private profile for sharing with fellow associates all your insights and information you have gained from trader’s community.
The price is $49.95/month, Profit.ly’s Trader plan will do what the name implies caters to those who desire to improve their skills in trading. As nice as it seems but there’s one important element that’s missing. In contrast to the Novice package, you will not be able to see the statistics of other traders that might be a drawback for some who may be anticipating this level. Timothy Sykes Ripoff Report
The Professional plan can be described as the highest expensive plan Profit.ly can offer to experienced traders. With $74.95 each month and an additional 22% discount when billed annually, this tier has everything. You will have full, unrestricted access to all features from the two previous plans combined.
Not only do you get to see other users’ stats and data, but you also have the chance to create your own private profile. Both of these options, on top of all the advantages that you can utilize to their fullest capacity. If you’re looking for an option that gives you everything you need as a skilled trader, maybe the Pro plan is for you!
Profit.ly’s Other Services
Apart from the trainer tools and leaderboards, Profit.ly offers a number of additional services that it can offer. One of those is its online store, where customers can select from a variety of videos that are designed to educate and guide you through the ins and outs of trading. The products listed in this section of the website is available to be bought immediately for your personal use. Some of these include bestsellers like”Trading Tickers,” the “Trading Tickers” series by trading specialist Tim Grittani, Timothy Sykes’s collection of DVDs, streaming-only content on penny stocking, short stocking, as well as all things trading-related, clips and clips of events like the Annual Pennystocking Conference, and items from other experts in trading.
The chat rooms that are integrated are also part of Profit.ly’s variety of services and features. You are probably familiar with the chat room as you will see it on social and messaging platforms in addition to a few special websites that offer live chat assistance. However, in Profit.ly, it is seen as a area where experts and member traders can communicate and exchange knowledge in real-time. Each guru has their style when it comes to running their chat room and in dealing with the members. Some may be laid back and not very often engaged, while another could be more interactive and online to their pupils. Think of the chat rooms as Profit.ly’s version of the forum, in the essence.
Who is the best Trader for Profit.ly?
Profit.ly’s variety of offerings and features are geared towards an array of stock traders, from novices to experienced professionals. Given the wide range of options it has to offer it is certain to have something for all.
Newbies, for instance, will appreciate Profit.ly’s library of learning information available on the platform. Not only will they get daily videos and chat room advice from its in-house gurus and members. They’ll also be able to select from the products on its store online to carry with them wherever they may be. Additionally, they can gain practical experience trading on the platform, but eventually they’ll realize that this is a high-stakes game that shouldn’t be treated as an amusing pastime.
For traders who have decades of experience in the line, we see Profit.ly as equally as suitable to them as people who are just beginning. 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 that come with it. In the ideal scenario, they can make use of Profit.ly’s variety of options to their maximum advantage to develop their skills in trading. Like novices, they can learn from the experts as well as experts, and take advantage of simple tips and hints throughout the process.
Profit.ly’s “all-inclusive” nature doesn’t just apply to newbies as well as semi-seasoned traders. Verified experts can also join in the fun! Trade professionals who are at similar levels to Superman as well as Tim Sykes can also use the power of Profit.ly’s abilities to show off their skills to others in order to guide them through the ever-illustrious trading process. Timothy Sykes Ripoff Report
Profit.ly’s Pros and Cons
- Profit.ly’s diverse capabilities as a “one-stop” platform for trading stocks allows traders across the globe with a wealth of education communications, trading, and communication tools
- You’ll receive excellent training and insights from its in-house gurus, including libraries of educational videos and real-time trading activities
- You’re assured of transparency throughout Profit.ly with accurate analytics as well as fellow traders that are waiting to reach you out whenever something happens
- The platform’s leaderboard feature gives you the chance to establish your reputation as a reliable and authentic trader
- Apart from its main abilities, 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 variety of packages and subscription levels are priced at a reasonable cost There’s something for all
- Profit.ly’s bountiful stream of products and packages offered might seem overwhelming for a lot of its users
- As traders may opt to make any type of trade, there is the possibility that some of them will profit by cherry-picking the best trades to improve their ratings This could be a problem that shouldn’t be simply overlooked
- Profit.ly does not offer refunds as the premium customers are expected to instantly take advantage of the numerous services that the platform can provide
The Final Verdict: Is Profit.ly Worth It?
If we could think of an appropriate answer for this query, it’s an affirmative “yes”. But it is important to realize that it shouldn’t be treated as a get-rich-quick scheme. The platform wasn’t originally intended to be created for this reason. Instead, you need to have curiosity. Timothy Sykes Ripoff Report
What we mean”yes” is that it can be a great learning tool. For those who are struggling, they may find Profit.ly’s range of resources to be helpful in their efforts to reduce loss and perform better than they did before. It’s not just the poor traders that can benefit from the platform. It will be able to accommodate beginners as well as even experts!
If you really desire to be better at trading and wish to learn from your mentors and peers along the way, then take a look at Profit.ly. Profit.ly is a fantastic choice to start.
FAQ Timothy Sykes Ripoff Report
What are the best ways to 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. You may choose between three options:
- Linking your account with your brokerage of choice and then importing the trades from that directly
- Manually entering your trades using specified spaces and information.
- Send a screen shot of your trades
How do I know whether the trade can be verified or not?
If you import your trade from a reputable brokerage, there’s the chance that it is verifiable. This is shown by the small blue check. If you post it in a manual way or by taking images, it will be classified as unverified.
The downside of having an unverified trade is the possibility of receiving downvotes from colleagues. A large number of downvotes could result in you appearing at the top of the Madoff leaderboard, where people can see who’s dishonest in posting trades.
Is the Profit.ly mobile app still available?
At the time of writing, Profit.ly is still available to download from the Apple App Store as well as the Google Play store. The mobile app version is compatible with most functioning tablets and smartphones.
How many are connected to Profit.ly?
Profit.ly currently houses over 150,000 investors and traders because they are not just looking to earn maximum profits but also help each other learn and improve in acquiring opportunities on the stock market both right and left.