Stock trading is a high-stakes game. On certain days, you could be reaping the benefits of positive and satisfying numbers. However, on other days it could be the reverse and it can be extremely difficult to get back to where you were at your best. If you are always in the mud, you will have to realize that relying on instinct and survival might not be enough.
If you’ve been incurring losses from time to time and you’re likely to require reliable advice from tested and tried trading experts. You’re also gonna need an enormous boost from your colleagues in the market from all over the globe. That’s why we’ve discovered a platform that can support you in your improvement in the market. We’ll be taking 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.
Overall Rating: 4.1/5 Timothy Sykes Sale
Value: 4.1/5
Quality: 4.1/5
Costs: 4.1/5
User Experience: 4.5/5
Summary
Profit.ly is an online trading platform that permits traders of different levels to be knowledgeable, transparent, accountable, and encouraging each other by offering a wide array of tools and features such as chat rooms, trade verification as well as an extensive library of educational content.
What is Profit.ly?
Profit.ly is a trading website that functions as a learning and training platform for those who are just beginning their journey and as a hub for experienced traders to track their performance with the help of advanced analytics tools. It provides users with a vast variety of tools for trade and communication and letting traders from every field of business connect with one another. It gives the gurus worthwhile investments within the confines of the platform. Imagine it as a social media site akin the likes of Facebook and Reddit but with a focus on professionals and traders.
Profit.ly independently validates trade performance and publishes all data of them in the manner of leaderboards. The platform’s trading model is based on trust and transparency. it guarantees that the trades are valid and won’t accept fake news as long as possible. It was created years ago by the penny stock trade expert and investment expert Timothy Sykes, along with fellow expert Michael Mosseri.
One time during his appearance in Forbes magazine, Sykes declared that Profit.ly was driven by its focus “on the transparency of every trade, something that has never been previously done.” The idea, he added, served two purposes: 1) creating public track records for not just the gurus as well as newsletter authors and students as well as) allowing all users to be enlightened by both losses and wins to benefit the industry of trading. Timothy Sykes Sale
How Does It How Does It
Profit.ly follows a subscription-based model which allows stock traders to have access to a range of features and services aimed toward success. It is possible to create an account for free, but you’re only given the ability to navigate through the leaderboard and follow the actions of non-gurus. If you’re interested in investing your money to see which stocks the gurus are trading in real-time You’ll need to subscribe to any of Profit.ly’s deals, which we will go over shortly.
Setting up an account is simple: Create a profile with your experiences and knowledge, then connect to your brokerage account, and you have yourself the chance to climb your way to at the very top of the list. Profit.ly’s leaderboard feature, as we’ve mentioned earlier, is designed to give its users a glimpse of their performance as a trading group and its gurus. You’re not just allowed to show value to a community of traders, but you can also use Profit.ly to purchase with a guru, and have the assurance that you’re confident with their expertise and the credibility of their claims.
If you are unsure about the idea of sharing the details of your broker account you may decide to share your trades, whether verified or not, by taking pictures. Included in Profit.ly are the vast number of trading classes as well as the ability to look at the stats of a trader’s account and other methods to connect with your gurus through the chatroom along with text and e-mail alerts and updates.
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Meet the Founder: Tim Sykes
Timothy Sykes is a well-renowned day trading guru who is well-known for his efforts in penny stock trading. According to Investopedia the term “penny stock” refers to a small-sized company’s stock that trades for under $5 for each share. The penny stock market can be seen as a stepping stone for small-scale businesses to make the transition to a large marketplace as it allows them to access capital from the public. However, don’t get it wrong – it can also be an extremely risky activity, as Sykes is sure to reveal through his many years of expertise.
From his beginnings at the end of his time in high school, Tim Sykes has, since then, earned an estimated $6 million profit throughout his illustrious career as trader. At 25 years old Sykes was given greater exposure and an even wider impact as a participant in the reality series “Wall Street Warriors.” Then, he took advantage of it to create trading rooms and 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 place for transparency 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 vast array of education tools, trade alerts and other helpful stuff provided by the platform’s in-house gurus. Gurus are referred to experts in the field of trading who have earned significant amounts of profit from their combined years of knowledge. Timothy Sykes Sale
At its peak, 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 prominent gurus included Connor Bruggermann, Nathan Michaud of Investors Underground, and Triforce as well as a handful of others. At the time of writing however, only two gurus 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. In light of that Let’s look at what packaged deals each guru can offer.
From Tim Sykes: Tim’s Alerts
Sykes offers a basic stock trading service with the main priority being penny-stock day trading via Tim’s Alerts. The cost is $74.95 per month, you will see him focus on the fundamental catalysts for stocks and utilize them to anticipate the next possible moves in trading.
A purchase on its own from Tim’s Alerts will get you access to the chatroom, as well as the mobile application that is available to iOS and Android devices; 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 that has been upgraded of the Tim’s Alerts program. At $149.95 per month, this is an ideal plan for investors who are invested in the penny-stock market. Pennystocking Silver comes with all the standard features of prior plans, which includes swing trading alerts and unlimited access to an extensive library of more than 7,000 instructional videos that are updated each week.
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In “Superman” Paul Scolardi: Superman Alerts
Scolardi who is known under the name “Superman,” is a professional in swing trading with an eye for both massive stocks of the small-cap size and insanely accurate marketing forecasts. In the time since he began as a trader, Superman has amassed over $5.5 million in all-time trading profits. Timothy Sykes Sale
The Superman Alerts plan is an offering of essential features and alerts on trading geared toward those who may be interested. For just $147 per month, you’ll have an access to the day-to-day stock watchlist that is premarket along with the mobile application, daily market commentary shown in real-time, and E-mail and SMS alerts.
In “Superman” Paul Scolardi: Superman Pro
For the price of $247, you receive additional features, as well as access to a knowledgeable base provided by Superman himself through his Superman Pro package. Alongside the standard features that are included in the Alerts package, Superman Pro gives you daily video lessons, which include a growing library of all previous lessons. In addition, you’ll also get access to premium research reports and the IPO and earnings tracker.
Profit.ly Plans and Costs
If you’re eager to join the online trading community and make a mark on the market, Profit.ly has the right amount of resources to help you up and running. Profit.ly offers three membership tiers, each designed for traders of different levels. Let’s break down what these three are and how much they’ll cost you.
Novice Plan
The package called Novice is Profit.ly’s entry-level plan designed especially for those who are new to the trading community. Once you have signed up for this package, 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 by itself.
Among the list of things you can do with Profit.ly’s Novice program is the ability to verify trades and track profits; leading, following, and even messaging your fellow traders, as well as leaving feedback on today’s trades. It also allows you to be on leaderboards; analyze your trades, sort and filter your trades and lastly, look at other people’s statistics.
The Novice plan is $29.95 per monthly payment. While it may look attractive simply because of the price, there is a downside. You can’t create a private account, making your activities publicly available. If you’re looking to 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 take advantage of the majority of features available in the novice plan. It is in this plan that you are able to create a private profile to share with fellow associate users all your knowledge and information you have gained from the trading community.
The price is $49.95/month, Profit.ly’s Trader plan does what the name suggests: Cater people who want to develop their skills in trading. As nice as it seems however, there’s a crucial feature that is missing. Unlike the previous Novice package, you won’t be able view other traders’ statistics, which might be a drawback for those who are eager to try this new tier. Timothy Sykes Sale
Pro Plan
This is by far the highest premium package that Profit.ly can offer to experienced traders. With $74.95 monthly, with 22% off when billed annually This plan offers everything. You get full, no-holds-barred access to all features from the two previous plans.
Not only do you get to see other users’ stats and data, but you also have the option of creating an individual profile. Both of these features, plus the other advantages that you can utilize to the fullest potential. If you’re in search of an option that gives all the features you need to be a skilled trader, maybe the Pro level is for you!
Profit.ly’s Other Services
Apart from the provided trainer tools and leadersboards Profit.ly has a few other services they offer. One of them is the online store, where customers can pick from a range of instructional videos that are designed to inform and provide guidance on the nuances and pitfalls of trading. All of the products featured in this section of the site can be immediately purchased for personal use. Some of these include bestsellers such as”Trading Tickers, “Trading Tickers” series from trading professional Tim Grittani, Timothy Sykes’s library of DVDs and streaming-only content related to short stocking, penny stocking, and other aspects of trading. There are also clips and clips 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 may be familiar with the chat room as you can see it across messaging and social platforms, and also on a few specialty websites that provide live chat support. But in Profit.ly the chat room is viewed as a hands-on area where experts and members trade and share knowledge in real-time. Every guru has their own style in running their chat rooms and in dealing with the members there. One of them may be more laid back and not very often active, while another may be more interactive and online in their interactions with students. Think of the chat rooms like Profit.ly’s version of the forum in essence.
Who is the best Trader for Profit.ly?
Profit.ly’s diverse range of products and features cater to an array of stock trader types, from novices to the most experienced. Given the wide range of options it has to offer, the platform surely has something for all.
Newbies, for instance, will appreciate Profit.ly’s knowledge-based materials available across the platform. Not only will they get daily videos and chat room tips from its in-house gurus and their members. Additionally, they can choose from the items on its store online to carry with them wherever they go. Additionally, they can gain practical experiences from trading within the platform, however they’ll realize that this is a high stakes game that should not be viewed as an amusing pastime.
For traders who have decades of experience in the road, we consider Profit.ly equally suited for them as it is for the newcomers. While the newbies may not be as adept at dealing with trading issues but the experts already know how it works along with the risky mix that come with it. In the ideal scenario, they can use Profit.ly’s range of options to their maximum advantage to improve their trading skills. Like novices, they can study from the gurus and experts , and use those simple tips and hints throughout the process.
Profit.ly’s “all-inclusive” nature doesn’t just apply to newbies and semi-experienced traders. Verified experts can also join in the excitement! 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 capabilities to display their skills to others in order to guide them through the ever-illustrious trading process. Timothy Sykes Sale
Profit.ly’s Pros and Cons
The Pros
- Profit.ly’s numerous capabilities as a “one-stop’ stock trading platform allows it to provide traders everywhere with tons of learning, communication, and trading tools
- You’ll receive excellent training and insights from its in-house gurus, including libraries of educational videos and trading in real-time.
- You’re guaranteed transparency throughout Profit.ly by using accurate data as well as fellow traders ready to call you out whenever something happens
- The leaderboard feature on the platform gives you the opportunity to increase your credibility as a trustworthy and verifiable trader
- Apart from its core features, Profit.ly also gives its users extra options to suit their needs, like posting unauthentic trades via photographs
- 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 abundance of products and packages offered might be too much for a lot of its users
- Since traders can choose to post any kind of trade, there is an opportunity that some them could profit from cherry-picking the best trades to increase the rating – this may be a concern that should not be simply overlooked
- Profit.ly does not offer 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 Verdict: Is Profit.ly Worth It?
If we could come up with an appropriate answer for this query, it’s a ‘yes’. However, you must realize that it shouldn’t be treated as a scheme to get rich quick. The platform was not always meant to be designed in this way. Instead, it is best to keep the ability to think with an open heart. Timothy Sykes Sale
What we do mean”yes” is that it can be a great learning tool. Those who may be stuck might be able to find Profit.ly’s range of resources helpful in their efforts to reduce loss and perform better than they did before. It’s not just the struggling traders who will profit from the platform. It will be able to accommodate beginners as well as even experts in the field!
So, if you genuinely desire to be a better trader and want to learn from your peers and experts on the way, look no further – Profit.ly is a fantastic choice to start.
FAQ Timothy Sykes Sale
How can you make use of Profit.ly to publish your trades?
Profit.ly includes an entry section for trades in the My Trade category on the dashboard that lets you post your trades, either verified or not. You may choose between three choices:
- Linking your account with your brokerage of choice and then importing trades directly from there
- Manually inputting your trades with provided spaces and specifics
- Take a photo of your transactions
What can I do to determine whether the trade can be verified or not?
If you buy your trade from a reputable brokerage, there is a high chance that it is verifiable. This is shown by the blue check mark. If you post it manually or through screenshots, it will automatically be assigned as unverified.
The disadvantage of an unauthenticated trade is the possibility of getting downvotes from your 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 dishonest in posting trades.
Are the Profit.ly mobile application still available?
As of the moment, Profit.ly is still available to download via the Apple App Store and the Google Play store. The mobile version of the app is compatible with the majority of working smartphones and tablets.
How many people are connected to Profit.ly?
Profit.ly currently houses more than 150,000 traders and investors, 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 all over the world.
