The stock market can be an exciting game with high stakes. On certain days, you might have the benefit of positive and satisfactory numbers. On other days, however it could be the reverse and it could be extremely difficult to get back to where you were your most productive. If you’re immersed in the water it is important be aware that relying solely on pure instinct and preservation may not always be enough.
If you’ve suffered occasional losses You’ll need sound advice from tried-and-tested trading experts. Also, you’ll need an important boost from fellow traders from around the world, which is why we’ve found a platform that can support you in your growth within the field. We’ll be taking an in-depth look at Profit.ly is a well-known 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.
Overall Rating: 4.1/5 Timothy Sykes Than The Other
User Experience: 4.5/5
Profit.ly offers an internet-based trading service that permits traders of various levels to be informed, transparent, accountable, and to build relationships with each other by offering a wide variety of tools and features like trade verification, chat rooms as well as an extensive library of educational material.
What exactly is Profit.ly?
Profit.ly is a trading website that functions as a learning and training platform for those new to trading as well as a place for traders with experience to keep track of their performance using the aid of sophisticated analytics tools. Offering users a broad range of resources for trade and communication and letting traders from all walks of life network with each other. It gives the gurus an opportunity to invest in the right areas of the platform. Consider it a social media site akin to Facebook and Reddit, but for professionals and traders.
Profit.ly independently verifies trade performances and then publishes the information from them in the form of leaderboards. The platform’s trading model is based on transparency and honesty: it guarantees that the trades are authentic and won’t allow for fraud as much as it is possible. It was established many years ago by penny stock trade expert and investment guru Timothy Sykes, along with his colleague Michael Mosseri.
One time , during an interview with Forbes publication, Sykes stated that Profit.ly was based “on showing every trade, something that was never previously done.” The idea, he added, served two goals: 1.) making public records for not just the gurus, but also the newsletter authors and students and secondly) making it possible for everyone on the platform to gain insight into the losses and wins for the trading industry’s benefit. Timothy Sykes Than The Other
How Does It How Does It
Profit.ly is a subscription-based platform which allows stock traders to have access to a range of features and services aimed towards achieving success. It is possible to create an account there for free, but you’re only limited to having access to the leaderboards and monitor the activities of non-gurus. If you’re interested in investing your money and see what stocks the experts are trading in real-time it is necessary to join one of Profit.ly’s offerings that we’ll go over shortly.
Setting up an account is simple: Create an account that includes your personal information and skills, join to your brokerage account and you’ll be given a chance to shoot your way to at the very top of the list. Profit.ly’s leaderboard feature, as mentioned previously was designed to offer its users a glimpse of their performance as a trading group as well as its gurus. It’s not just a way to prove that you’re worthy to the group of traders. You can also use Profit.ly to shop with a guru, and have the assurance that you’re comfortable in their skills and the credibility of their assertions.
If you’re not comfortable with the idea of divulging information about your account with a brokerage, then you could choose to publish your trades, whether verified or not, via photographs. Also included in Profit.ly are the vast number of courses in trading as well as the ability to look at stats in a trader’s profile as well as other ways to interact with your experts through the chatroom along with email and text alerts as well as updates.
Meet the Founder: Tim Sykes
Timothy Sykes is a well-renowned day trading personality who is famously known for delving his hands into the penny-stock market. According to Investopedia Penny stock refers to a small company’s stock that trades for less than $5 per share. The trading of penny stocks can be seen as an avenue for small companies to move to a large marketplace as they can access funds from the general public. However, don’t get it wrong – it’s also an extremely risky activity, as Sykes will be able to tell you because of his decades of experience.
Beginning in the latter years of high school, Tim Sykes has, since then, made over $6 million of profit through his lengthy career as trading professional. When he was 25 years old, he had been given greater exposure and an even wider impact when he was a part of the reality show “Wall Street Warriors.” He used the opportunity to develop trading rooms, penny stock themes, and educational material aimed at people who are brand new to the trading field. He also helped establish Profit.ly as a place of transparency and to allow the community to rise and compete against each other on the platform.
The Profit.ly Gurus
One of Profit.ly’s sweet inclusions is the wide range of educational sources, trade alerts and other helpful stuff provided by the company’s internal gurus. The gurus in question refer to the experts in trading who have made significant amounts of profit from their collective years of expertise. Timothy Sykes Than The Other
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 prominent experts 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 packaged offers each guru can 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. The cost is $74.95 per month, 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 and the mobile app available to iOS as well as Android devices, as well as text, e-mail, 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. At $149.95 per month, this is an ideal plan for those who are more involved in the penny-stock market. Pennystocking Silver offers all the essential features of the previous plan, which includes swing trading alerts as well as unlimited access to an extensive library of more than 7,000 instructional videos that are updated each week.
In “Superman” Paul Scolardi: Superman Alerts
Scolardi, who goes by the alias “Superman,” is a swing trading professional with an eye for both 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 earnings. Timothy Sykes Than The Other
The Superman Alerts plan is an offer of the most essential features and trading alerts geared towards those who might be interested. For $147/month, you’ll get access to the daily stock watchlist that is premarket along with 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, plus access to a knowledgeable base that is provided by Superman himself, via Superman Pro. 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 the previous ones. In addition you’ll also gain an access to high-quality research papers as well as an IPO as well as earnings tracking tool.
Profit.ly Plans and Costs
If you’re eager to join the world of online trading and leave a mark in the market, Profit.ly has the right amount of tools to get you up and running. The platform offers three membership levels that are designed to accommodate traders of different levels. Let’s break down what these three tiers are and how much they will cost you.
The package called Novice 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 will be immediately provided with a variety of powerful and indispensable trading tools, all one of them essential in keeping your fingers on what could call a ruthless procedure in its own.
The list of features you can accomplish with Profit.ly’s Novice package include the capability to check trades and track profits and follow-up, leading, and even messaging your fellow traders, as well as providing feedback on trades today. You can also get on leaderboards; analyze the results of your analysis, sort, or filter the trades you make and, lastly, view other’s stats.
The Novice plan costs $29.95 per monthly payment. While it may look attractive for the price alone but there’s a disadvantage. You aren’t able to create a personal account, making your actions public. If you’re looking to get the benefit of this service, you should keep an eye on us as we present to you Profit.ly’s next plan.
The Trader package allows users to benefit from the majority of features available in the novice plan. In this plan, that you are able to create an individual profile that allows you to share with fellow associate users all the insights and information you have gained from this trading group.
The price is $49.95/month, Profit.ly’s Trader plan will do what the name implies caters people who want to improve their skills in trading. As nice as it seems, there is one significant aspect that’s not included. In contrast to the Novice package, this one won’t be able to see the statistics of other traders that might be a drawback for those who are looking forward to this tier. Timothy Sykes Than The Other
The Professional plan can be described as the highest expensive plan Profit.ly could offer for seasoned traders. With $74.95 each month which includes 22% off for billing annually, this tier has everything. You will have full, unrestricted access to all the features of the previous plans combined.
In addition, you’ll be able to look at other people’s statistics and data, but you also have the option of creating your own private profile. These two features are in addition to the advantages you’ll be able to use to their fullest capacity. If you’re looking for a plan that can serve you with everything you require as an experienced trader, the Pro plan is for you!
Profit.ly’s Other Services
Apart from the training tools and the leadersboards Profit.ly provides a variety of other services they provide. One of these is its online store, which allows users to pick from a range of videos created to provide guidance on the nuances and pitfalls of trading. All of the products featured on this page of the website can be purchased immediately for personal use. Among these products include best-sellers such as”Trading Tickers,” the “Trading Tickers” series by trading specialist Tim Grittani, Timothy Sykes’s collection of DVDs, streaming-only content about short stocking, penny stocking, and other related to trading, videos and scenes of events like the Annual Pennystocking Conference, and items from other experts in trading.
The integrated chat rooms are also part of Profit.ly’s array of features and services. You are probably familiar with the chat room as you can see it across social and messaging platforms in addition to a few special websites that offer live chat assistance. But in Profit.ly the chat room is viewed as a real-time area where experts and members trade and learn 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 laid back and less engaged, while another could be more online and communicative with their students. Think of chatrooms as Profit.ly’s version of the forum, in the essence.
Who is the Ideal Trader for Profit.ly?
Profit.ly’s wide range of products and features are geared towards an array of stock traders, from novices to the most experienced. Considering the number of offers it offers it is certain to have something for everyone.
For instance, newbies will appreciate Profit.ly’s collection of educational materials available across the platform. They will also be enriched with weekly videos and chat room tips by its internal gurus as well as their members. They’ll also be able to select from the products on its store online that they can take with them wherever they go. You can also get hands-on experience trading on the platform, but ultimately, they will soon learn that this is a risky game that shouldn’t be treated as an amusing pastime.
For the traders with many years of experience down the line, we believe Profit.ly as equally as suitable for them as it is for people who are just beginning. Although the novices might not be as proficient in handling trading matters but the experts already know how it works along with the risky mix that it carries. Ideally, they may use Profit.ly’s variety of features to their full advantage to develop their trading skills. As beginners, they are able to study from the gurus as well as experts, and take advantage of quick tips and tidbits to help them along.
Profit.ly’s “all-in” approach doesn’t just apply to newbies as well as semi-seasoned traders. Certified experts can also take part in the enjoyment! Those in the trading industry who are on an equal level with Superman or Tim Sykes can also use up Profit.ly’s capabilities to showcase their skills to others in order to navigate them through the ever-changing trading process. Timothy Sykes Than The Other
Profit.ly’s Pros and Pros and
- Profit.ly’s diverse capabilities as a “one-stop’ platform for trading stocks allows traders from all over the world with a wealth of education tools, communication, and trading tools
- You get to be provided with excellent lessons and tips from the inside experts, as well as libraries of educational videos and trading in real-time.
- You can be sure of complete transparency through Profit.ly with precise analytics as well as fellow traders who are ready to reach you when something goes wrong.
- The leaderboard feature of the platform offers you the chance to establish your reputation as a reliable and verifiable trader
- In addition to its primary features, Profit.ly also gives its users extra options to suit their individual preferences, for instance, posting trades that are not authentic by taking images
- Profit.ly’s wide array of subscription levels and guru packages are priced at a reasonable cost There is truly something for everyone
- Profit.ly’s bountiful stream of packages and services offered could be too much for a lot of its users
- If traders decide to open any kind of trade, there’s the possibility that some of them could profit from selecting the best trades in order to increase the rating this could be a risk that shouldn’t be ignored.
- Profit.ly does not offer refunds, as its premium users are expected to instantly benefit from the number of services that the platform can offer
The Final Concluding Question is: Is Profit.ly worth it?
If we were able to come up with an answer to this question, it’s an affirmative “yes”. However, you must realize that this platform shouldn’t be viewed as a get-rich-quick scheme. The platform wasn’t originally meant to be designed to achieve this goal. Instead, you need to have curiosity. Timothy Sykes Than The Other
What we are referring to by ‘yes’ is that it can be a great learning tool. People who are stuck might find Profit.ly’s range of resources helpful as they do their best to incur lesser losses and be more successful than before. It’s not just the poor traders that can profit from the platform. It will be able to accommodate beginners as well as even experts!
If you really care about being better at trading and wish to learn from your fellows and gurus throughout the process, then take a look at Profit.ly. Profit.ly is a fantastic choice to start.
FAQ Timothy Sykes Than The Other
How can you make use of Profit.ly to post your trades?
Profit.ly includes an entry section for trades in the ‘My Trade category on the dashboard. It lets you post your trades that are verified or otherwise. You may choose between three choices:
- Linking your account with your broker of choice and import transactions directly through there
- Manually inputting your trades with specified spaces and information.
- Send a screen shot 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’s an excellent chance that it is verifiable. This is evident by the blue check mark. If you post the information manually or via pictures, it will be assigned as unverified.
The downside of having an unauthentic trade is the risk of receiving downvotes from fellow peers. Too many downvotes may cause you to be listed on the Madoff leaderboard, where people are able to identify who is untruthful in submitting trades.
Are the Profit.ly mobile app still in use?
As of the moment, Profit.ly is still available to download from the Apple App Store as well as the Google Play store. The mobile version of the app is compatible with most functioning tablets and smartphones.
How many people are currently connected to Profit.ly?
Profit.ly currently houses more than 150,000 investors and traders, because they are not just trying to maximize profits but also assist each other to learn and improve in acquiring stock market opportunities all over the world.