Stock trading is an extremely risky game. On some days, you might have the benefit of positive and satisfactory numbers. On other days, however, the opposite may happen and it can be extremely difficult to get back to where you were at your best. If you find yourself immersed in the water it is important to realize that relying on your instincts and preserving might not be enough.
If you’ve experienced loss from time to time You’ll need reliable advice from tested and tried trading experts. Also, you’ll need an enormous boost from your colleagues in the market from all over the globe, which is why we’ve discovered an online platform that will help you to improve your performance within the field. This review will be taking an in-depth look at Profit.ly, a well-recognized 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. Do check out our article below, however, because it has a comprehensive overview of Profit.ly.
Total Rating: 4.1/5 Timothy Sykes Stocks
User Experience: 4.5/5
Profit.ly can be described as an online platform for trading that allows traders of all levels to be informative, transparent, accountable, and encouraging one another through its wide range of features and tools like trade verification, chat rooms as well as an extensive library of educational content.
What is Profit.ly?
Profit.ly is a trading site that serves both as a learning and education platform for those new to trading and as a hub for traders who are experienced to monitor their performance with the help of advanced analytics tools. Providing users with a wide array of options for communication and trade that help traders from every field of business connect with one another. It offers gurus with an opportunity to invest in the right areas that the site. Think of it as a social media site akin to Facebook and Reddit however it is geared towards professionals and traders.
Profit.ly independently verifies trade performances and then publishes the information from them in the style of leaderboards. The platform for trading is built on transparency and honesty: it guarantees that the trades are authentic and won’t tolerate inauthenticity as much as it is possible. It was established many years ago by penny stock trade expert and investment expert Timothy Sykes, along with the other expert Michael Mosseri.
One time during his appearance in Forbes magazine Sykes stated that Profit.ly was motivated by its focus “on the transparency of all trades, something that was never prior to.” The concept Sykes said served two purposes: 1) keeping track of public data for all traders, not just the gurus as well as students and newsletter writers, and 2) making it possible for anyone on the platform to gain insight into the losses and wins to the benefit of the trading industry. Timothy Sykes Stocks
How Does It Work?
Profit.ly utilizes a subscription model that allows stock traders to benefit from a variety of features and services aimed at achieving success. You may set up an account on the site for free, but you’re only limited to having access to the leaderboards and monitor the activities of people who aren’t gurus. If you’re interested in investing your money in order to find out which stocks the gurus are trading in real time, you will need to join one of Profit.ly’s offers, which we will discuss in the near future.
Making an account easy: create a profile with your experiences and skills, join to your brokerage account and you have yourself a chance to shoot your way to the top of the leaderboard. Profit.ly’s Leaderboard function, which was previously mentioned, is designed to give its users a look at how the community of traders performs and its experts. It’s not just a way to demonstrate your worth to a community of traders. You are also able to use Profit.ly to buy with a guru, and have the assurance that you’re confident in their skills and the credibility of their claims.
If you’re not comfortable with the idea of divulging your brokerage account, you may opt to post your trades, verified or not, by taking photographs. In Profit.ly are a variety of courses in trading, the ability to view stats in a trader’s profile, and more ways to connect with your gurus via chatrooms as well as notifications via email or text as well as 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 involvement in the penny-stock market. According to Investopedia Penny stock refers to a small company’s stock that trades for just less than 5 cents per share. The trading of penny stocks can be seen as a stepping stone for small companies to move into a larger market because it gives them access to capital from the general public. However, don’t get it wrong – it can also be a high-risk game, which Sykes is sure to reveal through his many years of experience.
Since his initial beginnings at the end of his time in the high schools, Tim Sykes has, since then, made over $6 million of profits during his long and successful career as a trader. At 25 years old Sykes was given greater exposure and an even wider reach of influence when he was a part of the reality series “Wall Street Warriors.” He took advantage of it to establish 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 platform for openness, and for the community to uplift and compete against 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 helpful stuff provided by the company’s internal gurus. These gurus refer to experts in the field of trading who have earned significant amounts of profit through their years of knowledge. Timothy Sykes Stocks
At its height, Profit.ly had housed up to five gurus, all 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, only two gurus remain on this 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 take a look at the packages each guru has to offer.
From Tim Sykes Tim Sykes: Tim’s Alerts
Sykes provides an essential stock trading service with the main priority being penny stock day trading through Tim’s Alerts. The cost is $74.95 for a month you’ll observe him focus on basic stock catalysts and employ them to predict the next moves that could occur when making trades.
A purchase on its own from Tim’s Alerts will get you access to the chatroom as well as the mobile app that’s available to iOS and Android devices, as well as text, e-mail and push alerts; and a daily stock watchlist.
Tim Sykes: From Tim Sykes: The Pennystocking Silver Package
Pennystocking Silver is the premium version that has been upgraded of the Tim’s Alerts package. Priced at $149.95 per month, this is an ideal plan for those who are more involved in investing in penny stocks. Pennystocking Silver comes with all the standard features of prior plans, which includes alerts for swing trading and access to a rich library of more than 7,000 instructional videos, with new ones released every week.
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From “Superman” Paul Scolardi: Superman Alerts
Scolardi, who goes by the alias “Superman,” is a trader who has an eye for small-cap monumental stocks and crazy-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 Stocks
The Superman Alerts plan is his offering of essential features and trading alerts targeted towards those who might be interested. For $147 per month, you’ll gain access to the daily premarket stock watchlist along with the mobile application, daily market commentary in real-time, and E-mail and SMS alerts.
In “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 through Superman Pro. Superman Pro package. Alongside the standard features that are included in the Alerts plan, Superman Pro gives you weekly video lessonsthat include the growing collection of the previous ones. In addition you’ll also gain access to premium research reports and an IPO or earnings monitor.
Profit.ly plans and costs
If you’re ready to join the online trading community and leave your mark on the industry, Profit.ly has the right amount of tools to get you going. The platform has three membership levels that are designed to accommodate traders at different levels. Let’s take a look at what these three tiers are and how much they will cost you.
The Novice package is Profit.ly’s beginning-of-the-line plan specifically for those who are just beginning their journey to the trading community. Once you have signed to this plan you’ll be provided with a variety of powerful and indispensable trading tools, all one of them essential in keeping your hands on what we could call a ruthless process in and of itself.
Some of the features you can accomplish with Profit.ly’s Novice package include the ability to confirm trades and track profits and follow-up, leading and even chatting with other traders; and giving feedback on the trades of today. You can also get on leaderboards; analyze the results of your analysis, sort, and filter your trades; and lastly, look at other people’s statistics.
The Novice plan costs $29.95 per month. Although it might look appealing just by the price but there’s a disadvantage. You aren’t able to create a personal profile, thus making your personal information public. If you’re looking to get the benefit of this service, you should be watching for us to introduce to you Profit.ly’s next strategy.
The Trader Plan
The Trader package lets you to take advantage of many of the features of 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 is exactly what it says catering to those who desire to develop their expertise in trading. As nice as it seems however, there’s a crucial feature that is missing. Unlike the previous Novice package, you will not be able view the statistics of other traders this could be a problem for some who may be anticipating this level. Timothy Sykes Stocks
The Professional plan can be described as the highest luxurious package Profit.ly offers to experienced traders. With $74.95 monthly, with a 22% discount for annual billing This plan offers everything. You get full, no-holds-barred access to all features of the previous plans.
Not only do you get to look at other people’s statistics and data, but you also have the option of creating an individual profile. Both of these options, plus the other benefits that you can use to the fullest potential. If you’re in search of an option that gives all the features you need to be trader with experience, the Pro level is ideal for you!
Profit.ly’s Other Services
Apart from the trainer tools and Leaderboards Profit.ly provides a variety of additional services that it can provide. One of them is the online store, where customers can select from a variety of videos designed to inform and help you understand the ins and outs of trading. Each of the offerings listed on this page of the site can be purchased immediately for personal use. These include best-selling products such as the “Trading Tickers” series by trader 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 events like the Annual Pennystocking Conference, and other products by expert traders.
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The chat rooms that are integrated are included in Profit.ly’s array of features and services. You’re probably familiar with the concept of the chat room since you can see it across messaging and social platforms, as well as some specialty websites that provide live chat support. But in Profit.ly, it is seen as a real-time space where experts and their member traders can communicate and learn in real time. Each guru has their style in running their chat rooms and in dealing with the members. One of them may be a laid-back person who is rarely engaged, while another could be more online and communicative with their students. Think of the chat rooms as Profit.ly’s version of a forum, in the essence.
Who is the ideal Trader for Profit.ly?
Profit.ly’s variety of offerings and features caters to the wide range of stock traders, ranging from novices to experienced professionals. With the variety of deals it can provide this platform definitely has something for every person.
Beginners, for instance, will enjoy Profit.ly’s collection of educational content offered throughout the platform. In addition, they will be provided with videos every week and chat room advice by its internal gurus and members. They’ll also be able select from the products from its online store to carry with them wherever they travel. You can also get hands-on experiences from trading within the platform, however they’ll realize that trading is a high stakes game that should not be viewed as an opportunity to make fun of.
For traders who have years of exposure down the line, we see Profit.ly as equally as suitable to them as the newcomers. While the newbies may not be as adept at dealing with trading issues however, experienced traders know how it works and the stack full of risks that come with it. It is ideal to utilize Profit.ly’s array of features to their best advantage to develop their skills in trading. Like beginners, they can learn from the top experts and experts and utilize those simple tips and hints to help them along.
Profit.ly’s “all-in” approach does not only apply to beginners and semi-experienced traders. Experts who have been verified can also participate in the enjoyment! People in the trade industry who are at an equal level with Superman and Tim Sykes can also use the power of Profit.ly’s abilities to show off their skills to others in order to assist them in the ever-changing trading process. Timothy Sykes Stocks
Profit.ly’s Pros and Pros and
- Profit.ly’s diverse capabilities as a “one-stop” platform for trading stocks allows it to provide traders everywhere with tons of learning tools, communication, and trading tools
- You’ll be taught by experts and advice from the company’s inside experts, as well as libraries of educational videos and real-time trading activities
- You’re guaranteed transparency throughout Profit.ly with accurate analytics and fellow traders that are waiting to reach you out if something occurs.
- The leaderboard feature on the platform gives you the opportunity to increase your credibility as a trustworthy and authentic trader
- Apart from its core capabilities, Profit.ly also gives its users extra options to suit their needs, like posting trades that are not authentic by taking screenshots
- Profit.ly’s variety of packages and subscription levels are priced at affordable rates – there truly is something for all
- Profit.ly’s abundance of packages and products offered may not be enough for a lot of its customers
- If traders decide to open any kind of trade, there is an opportunity that some them will profit by picking the most profitable trades to increase the rating this could be a risk that shouldn’t be simply overlooked
- Profit.ly does not accept refunds because the premium customers are expected to immediately benefit from the many features the platform is able to offer
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The Final Verdict is: Is Profit.ly Valued?
If we were able to come up with an answer to this question, it’s a ‘yes’. However, you must realize that it shouldn’t be treated as a quick-fix scheme to make money. It wasn’t designed to be used in this way. Instead, it is best to keep the ability to think with an open heart. Timothy Sykes Stocks
What we do mean”yes” is that it is a fantastic learning tool. People who are stuck may be able to find Profit.ly’s array of resources to be helpful as they do their best to incur lesser loss and perform better than before. It’s not just the struggling traders who will benefit from this platform. It will be able to accommodate beginners as well as even experts!
So, if you genuinely desire to be a better trader and want to learn from your mentors and peers on the way, take a look at Profit.ly. Profit.ly may be a great alternative to start.
FAQ Timothy Sykes Stocks
What are the best ways to use Profit.ly to post your trades?
Profit.ly has an entry section for trades within the “My Trade section of the dashboard. It lets you post your trades that are verified or not. You may choose between three choices:
- Linking your account with your broker of choice and import trades directly from there
- Manually entering your trades into the spaces provided and details
- Upload a screenshot of your transactions
What can I do to determine whether the trade is authentic or not?
If you import your trade from a reputable brokerage, there’s an excellent likelihood that it can be verified. This is shown by the blue check mark. If you upload it in a manual way or by taking screenshots, it will automatically be assigned as unverified.
The downside of having an unauthentic trade is the possibility of receiving downvotes from colleagues. If you receive too many negative votes, it could cause you to be listed in the Madoff leaderboard, which is where the public can detect who’s being dishonest in posting trades.
Is the Profit.ly mobile app still in use?
At the time of writing, Profit.ly is still available to download from the Apple App Store and on 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 over 150,000 investors and traders because they are not just looking to earn maximum profits but also to help one another learn and improve in acquiring opportunities on the stock market left and right.