The stock market can be a high-stakes game. Some days, you could enjoy the benefits of positive and satisfactory numbers. However, on other days you may experience the opposite, and it may sometimes be extremely difficult to get back to where you were your most productive. If you find yourself constantly stuck in the gutter You will need be aware that relying solely on your instincts and preserving might not be enough.
If you’ve suffered losses from time to time You’ll need reliable advice from tested and tried trading experts. Additionally, you’ll require an enormous boost from your fellow traders from around the globe, which is why we’ve found an online platform that will help you in your growth in the industry. We’ll be taking an in-depth 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. Do check out our article below, however, because it has a comprehensive overview of Profit.ly.
Total Rating: 4.1/5 Timothy Sykes Through Bianca
Value: 4.1/5
Quality: 4.1/5
Costs: 4.1/5
Users Experience 4.5/5
Summary
Profit.ly offers an internet-based trading service that permits traders of different levels to be informed, transparent, accountable, and to build relationships with each other through its broad range of features and tools including chat rooms, trade verification as well as an extensive library of educational material.
What is Profit.ly?
Profit.ly is a site for trading that functions as a learning and education platform for people who are just beginning their journey and as a hub for experienced traders to track their performance with the help of advanced analytics tools. Providing users with a wide range of resources for communication and trade and letting traders from every field of business connect with one another. It also allows gurus to make worthwhile investments within the confines that the site. Imagine it as a social media site akin like Facebook and Reddit however it is geared towards professionals and traders.
Profit.ly independently validates trade performance and then publishes the information from them in the form of leaderboards. The platform for trading is built on trust and transparency. it ensures that the trades are valid and won’t accept fake news as long as is humanly possible. It was founded years ago by the penny stock trade expert and investment guru Timothy Sykes, along with his colleague Michael Mosseri.
In an interview for Forbes publication, Sykes stated that Profit.ly was motivated by its focus “on showing the entire spectrum of trades, something which was never prior to.” The concept Sykes said served two purposes: 1) creating public track records for not just the gurus, but also the newsletter authors and students and secondly) making it possible for anyone on the platform to learn from both the wins and losses for the trading industry’s benefit. Timothy Sykes Through Bianca
How Does It How Does It
Profit.ly utilizes a subscription model that lets stock traders gain access to a multitude of tools and services that are geared towards achieving success. You can create an account for free, but you’re limited to the ability to navigate through the leaderboard and observe the actions of non-gurus. If you’re ready to invest your money to see what stocks the experts are trading in real-time, you will need to sign up to one of Profit.ly’s offers, which we will discuss in the near future.
The process of opening an account is simple: Create a profile with your experiences and skills, join your brokerage account, and you’ll be given an opportunity to make 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 look at the performance of the trading community and its experts. It’s not only a chance to demonstrate that you’re worthy to the community of traders. You can also utilize Profit.ly to purchase with a guru, and have the assurance that you’re comfortable of their knowledge and the credibility of their claims.
If you feel uneasy with the idea of sharing information about your account with a brokerage, then you could opt to post your trades, either verified or not, via pictures. Included in Profit.ly are a variety of trading classes and the capability to see the stats of a trader’s account as well as other ways to interact with your experts in the chatroom, along with notifications via email or text as well as updates.
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Meet the Founder: Tim Sykes
Timothy Sykes is a well-renowned day trader who is famously known for his efforts in trades in penny stocks. According to Investopedia, a penny stock refers to a small company’s stock which trades at under $5 for each share. The penny stock market can be seen as an opportunity for small businesses to transition to a large marketplace as they can access money from the general public. However, don’t get it wrong – it can also be a high-risk game, which Sykes will be able to tell you thanks to his years of expertise.
From his beginnings in the latter years of the high schools, Tim Sykes has, since then, made over $6 million of earnings during his long and successful career as a trader. At 25 years old Tim Sykes had received greater exposure and an even wider influence over time when he became part of the reality series “Wall Street Warriors.” Then, he made use of the show to develop trading rooms, penny stock themes, and educational material aimed at those who are new to the trading field. He also helped establish Profit.ly as a platform for transparency and for the community to lift each other up and compete with each other on the platform.
The Profit.ly Gurus
One of Profit.ly’s amazing features is the vast array of educational tools, trade alerts and other helpful stuff provided by the platform’s in-house gurus. The gurus in question refer to the trading experts who have earned substantial profits through their years of experience. Timothy Sykes Through Bianca
At its height, Profit.ly had housed up to five gurus. Each of them a professional within their particular field in the trading industry. Some of the prominent experts were 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 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 offers.
From Tim Sykes: Tim’s Alerts
Sykes provides a basic stock trading service that focuses on penny stock day trading through Tim’s Alerts. At $74.95 for a month you will see him focus on the fundamental stock catalysts and use them to predict the next move that is possible when trading.
A standalone purchase of Tim’s Alerts will get you access to the chatroom as well as the mobile application that is 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 most premium version that has been upgraded of the Tim’s Alerts program. At $149.95 per month, it is a great option for investors who are invested in penny stock trading. Pennystocking Silver comes with all the standard features found in prior plans, which includes swing trading alerts as well as unlimited access to a collection of more than 7,000 educational videos and new videos released every week.
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From “Superman” Paul Scolardi: Superman Alerts
Scolardi who goes under the alias “Superman,” is a professional in swing trading with an eye for both small-cap monumental stocks and crazy-accurate marketing forecasts. Through the years since when he first started trading, Superman has amassed over $5.5 million in all-time trading profits. Timothy Sykes Through Bianca
The Superman Alerts plan is an package of vital features and trading alerts geared towards those who might be interested. For $147 per month, you’ll gain access daily stock watchlist that is premarket as well as the mobile app, daily market commentary shown in real time, and E-mail and SMS alerts.
The film “Superman” Paul Scolardi: Superman Pro
For the price of $247, you receive additional features and access to the extensive knowledge base that is provided by Superman himself through Superman Pro. Superman Pro package. In addition to the basic features that are included in the Alerts plan, Superman Pro gives you daily video lessons, which include a growing library of all previous lessons. Additionally, you’ll also get an access to high-quality research papers as well as an IPO as well as earnings tracking tool.
Profit.ly Programs and Costs
If you’re eager to join the online trading community and leave a mark in the field, Profit.ly has the right amount of tools to get you started. The platform offers three membership tiers that cater to traders at different levels. Let’s break down what these three are and how much they will cost you.
Novice Plan
The package called Novice is Profit.ly’s basic plan that is designed specifically for those who are just beginning their journey to the trading community. Once you have signed up for this plan, you will be immediately offered a range of strong and indispensable trading tools, all of them integral in keeping your fingers on what could call a ruthless process in and of itself.
The list of features you can do with Profit.ly’s Novice package include the ability to verify trades and track profits as well as leading, following and even chatting with other traders; and giving feedback on the trades of today. You can also get onto leaderboards; study the results of your analysis, sort, as well as filter trades; and lastly, look at other’s stats.
The Novice plan is $29.95 per monthly payment. Although it might look appealing for the price alone however, there’s a drawback. You aren’t able to create a personal profile, thus making your actions public. If you’re interested in have an account with this option, you should be watching for us to introduce to you Profit.ly’s new plan.
Trader Plan
The Trader package allows users to benefit from a majority of features from the novice plan. In this plan, that you can create an individual profile that allows you for sharing with fellow associate users all your knowledge 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 catering to those who desire to develop their expertise in trading. Although it’s a nice thing but there’s one important feature that is missing. As opposed to the prior Novice package, you won’t be able to see other traders’ statistics, which could be a disadvantage for those looking forward to this tier. Timothy Sykes Through Bianca
Pro Plan
The Pro plan is the highest luxurious package Profit.ly can offer to experienced traders. At $74.95 monthly, with a 22% discount for billing annually, this tier has it all. You will have full, unrestricted access to all features of the previous plans combined.
In addition, you’ll be able to look at other people’s statistics as well, you’re also offered the opportunity to create a private profile. These two features are on top of all the 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 for you!
Profit.ly’s Other Services
Apart from the provided training tools and the leaderboards, Profit.ly has a few additional services that it can offer. One of those is its online store, which allows users to choose from a wide array of video products that are designed to educate and help you understand the ins and outs of trading. The products listed on this page of the website can be bought immediately for your personal use. Among these products include best-sellers such as”Trading Tickers,” the “Trading Tickers” series by trader professional Tim Grittani, Timothy Sykes’s collection of DVDs, streaming-only content about penny stocking, short stocking, and other aspects of trading. There are also clips and scenes from the Annual Pennystocking Conference, and items from other experts in trading.
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The integrated chat rooms are included in Profit.ly’s range of features and services. You may be familiar with the concept of chat rooms since you will see it on messaging and social platforms, in addition to a few special websites that provide live chat assistance. However, in Profit.ly it’s seen as a hands-on place where gurus and their members can interact and exchange knowledge in real-time. Each guru has their style in running their chat rooms and dealing with the members there. One might be more laid back and rarely active, while another may be more active and in touch with their students. Consider chatrooms as Profit.ly’s version of a forum, in the essence.
Who is the ideal Trader for Profit.ly?
Profit.ly’s wide range of products and features cater to the wide range of stock trader types, from beginners to experienced pros. With the variety of deals it offers it is certain to have something for all.
For instance, newbies will appreciate Profit.ly’s knowledge-based content offered throughout the platform. In addition, they will be enriched with weekly videos and chat room tips from the in-house experts and members. They’ll also be able to choose from the items in its online store that they can take with them wherever they may travel. Additionally, they can gain practical experiences from trading within the platform, but ultimately, they will soon learn that this is a high-stakes game that shouldn’t be treated as a joke.
For traders who have many years of experience down the line, we see Profit.ly as equally as suitable to those who are just starting. While novice traders may not be as well-equipped with managing trading but the experts already know how it works and the risky mix that come with it. It is ideal to utilize Profit.ly’s range of features to their full advantage to enhance their trading abilities. Like beginners, they can study from the gurus and experts , and use those quick tips and tidbits throughout the process.
Profit.ly’s “all-inclusive” nature isn’t limited to novices as well as semi-seasoned traders. Verified experts can also join in the fun! Trade professionals who are on the same level as Superman or Tim Sykes can also use Profit.ly’s capabilities. Profit.ly’s capabilities to showcase their expertise to other traders as a way to help assist them in the ever-changing trading process. Timothy Sykes Through Bianca
Profit.ly’s Pros and Cons
The Pros
- Profit.ly’s diverse capabilities as a ‘one-stop’ stock trading platform allows it to provide traders everywhere with a wealth of education, communication, and trading tools
- You will be taught by experts and tips from the in-house gurus, including libraries of educational videos and real-time trading activities
- You’re guaranteed transparency throughout Profit.ly with precise analytics as well as fellow traders ready to call you out whenever something happens
- The leaderboard feature of the platform offers you a way to build your credibility as a trustworthy and authentic trader
- Apart from its main features, Profit.ly also gives its customers extra options that can be tailored to their needs, like posting trades that are not authentic by taking screenshots
- Profit.ly’s diverse range of subscription plans and guru packages are priced at affordable rates – there truly is something for all
The Cons
- Profit.ly’s abundance of packages and products offered may be too much for a lot of its users
- If traders decide to make any type of trade, there’s an opportunity that some them will profit by cherry-picking the best trades to increase the rating – this may be a concern that should not be overlooked.
- Profit.ly will not allow 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 Concluding Question The Final Verdict: Is Profit.ly Worth It?
If we could think of an answer to this question, it’s a ‘yes’. However, you must realize that it shouldn’t be treated as a get-rich-quick scheme. It wasn’t intended to be created for this reason. Instead, it is best to keep an open mind. Timothy Sykes Through Bianca
What we mean”yes” is it can be a great learning tool. People who are stuck might find Profit.ly’s array of resources useful in their efforts to reduce losses and perform better than before. Not only struggling traders that will benefit from this platform. It is able to accommodate novices and even experts!
So, if you genuinely want to become a better trader and want to learn from your mentors and peers along the way, then look no further – Profit.ly may be a great option to begin.
FAQ Timothy Sykes Through Bianca
How can you make use of Profit.ly to make your trades public?
Profit.ly offers a trade entry portion within the “My Trade’ category of the dashboard. It allows you to post your trades that are verified or otherwise. There are three options:
- Linking your account to the broker of choice and import the trades from that directly
- Manually inputting your trades with provided spaces and specifics
- Take a photo of your transactions
How can I tell whether the trade is authentic or not?
If you import your trade through a reliable brokerage, there’s the chance that it is verifiable. This is evident by the small blue check. If you upload it manually or through pictures, it will be classified as unverified.
The downside of having an unauthenticated trade is the risk 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 untruthful in submitting trades.
Does the Profit.ly mobile app still available?
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 app version is compatible with the majority of working smartphones and tablets.
How many people are currently connected to Profit.ly?
Profit.ly currently houses more than 150,000 investors and traders since they’re not just seeking to make the most profit but also help each other develop and grow in their ability to take advantage of stock market opportunities all over the world.
