Stock trading is a high-stakes game. Some days, you may enjoy the benefits of positive and satisfying numbers. On other days it could be the reverse and it could be very difficult to return to the point you were at your most productive. If you are always in the mud, you will have to realize that relying on your instincts and preserving might not be enough.
If you’ve experienced occasional losses You’ll need solid advice from seasoned and tested trading experts. Additionally, you’ll require an enormous boost from your trading partners from all over the world, which is why we’ve discovered a platform that can support you in your improvement in the market. We’ll take the time to look at Profit.ly is a well-known 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. 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 Through The Roof
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 enables traders of all levels to be knowledgeable responsible, transparent, and encouraging each other by offering a wide variety of tools and features including trade verification, chat rooms, and an enriched library of educational material.
What exactly is Profit.ly?
Profit.ly is a site for trading which serves as a learning and training platform for traders new to trading as well as a place for traders who are experienced to monitor their performance with the help of advanced analytics tools. Providing users with a wide range of resources to facilitate trade and communication that help traders from all walks of life network with one another. It also allows gurus to make an opportunity to invest in the right areas of this platform. Think of it as a social media site akin to Facebook and Reddit, but for experts and traders.
Profit.ly independently checks the performance of trades and then publishes the information of them in the manner of leaderboards. The platform’s trading model is based on honesty and transparency: it ensures that the trades are authentic and won’t tolerate inauthenticity as much as it is possible. It was established years ago by the penny stock trade expert and investment expert Timothy Sykes, along with the other expert Michael Mosseri.
In an interview with Forbes magazine Sykes stated that Profit.ly was based “on showing every trade, something that has never been previously done.” The idea, he added, served two purposes: 1) keeping track of public data for all traders, not just the gurus and newsletter writers and students and secondly) allowing anyone on the platform to be enlightened by both losses and wins to the benefit of the trading industry. Timothy Sykes Through The Roof
How Does It How Does It
Profit.ly utilizes a subscription model which allows stock traders to have access to a range of services and features geared toward the success of their business. You may set up an account at no cost, however you’re only given the ability to navigate through the leaderboard and follow the activities of people who aren’t 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, which we will go over shortly.
Making an account easy: create a profile with your experiences and knowledge, then connect to your brokerage account, and you have yourself an opportunity to make your way up to the top of the leaderboard. Profit.ly’s Leaderboard function, which was previously mentioned it is designed to provide its users an insight into the performance of the trading community as well as 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 professional with the confidence that you are confident in their skills and the legitimacy of their claims.
If you are unsure about the idea of divulging your brokerage account, you may opt to post your trades, either verified or otherwise, through pictures. Also included in Profit.ly is the huge selection of courses in trading as well as the ability to look at statistics on a person’s profile as well as other ways to communicate with your gurus in the chatroom, in addition to 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 trader who has been famously known for his efforts in trades in penny stocks. According to Investopedia Penny stock is a small business’s stock which trades at just less than 5 cents per share. The trading of penny stocks could be viewed as an opportunity for small-scale businesses to make the transition to a market that is larger as they can access capital from the general public. But don’t be mistaken – it’s also a high-risk game, which Sykes will be able to tell you because of his decades of expertise.
Beginning in his late years in high school, Tim Sykes has, since then, earned over $6 million of profits through his lengthy career as a trader. At the age of 25 Sykes was given greater exposure and an even wider impact as a participant in the reality TV show “Wall Street Warriors.” He used the opportunity to develop trading rooms as well as 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 with 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. Gurus are referred to the experts in trading who have earned substantial profits from their combined years of expertise. Timothy Sykes Through The Roof
At its peak, Profit.ly had housed up to five gurus, each of them a professional in their field of expertise in the field of trading. 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 the 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 take a look at what packaged deals each guru can offer.
From Tim Sykes Tim Sykes
Sykes provides an essential stock trading service that focuses on penny stock day trading through Tim’s Alerts. Costing $74.95 per month, you will observe him focus on fundamental stock catalysts and use them to anticipate the next move that is possible when trading.
A single purchase in Tim’s Alerts will get you access to the chatroom, as well as the mobile app available to iOS as well as Android devices, texts, emails and push alerts as well as a daily watchlist of stocks.
Tim Sykes: 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 for a month this is a great option for those who are invested in the penny-stock market. Pennystocking Silver comes with all the standard features of prior plans, such as swing trading alerts as well as unlimited access to a library of over 7,000 educational videos that are updated every week.
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The following video is from “Superman” Paul Scolardi: Superman Alerts
Scolardi who goes under the name “Superman,” is a professional in swing trading with an eye for small-cap monumental stocks and crazy-accurate marketing forecasts. Through the years since the time he started trading, Superman has amassed over $5.5 million in total trading earnings. Timothy Sykes Through The Roof
The Superman Alerts package is his package of vital features and trading alerts targeted toward those who may be interested. For $147 per month, you’ll gain access daily stock watchlist that is premarket along with the mobile app, the daily market commentary shown in real time, and SMS and e-mail alerts.
In “Superman” Paul Scolardi: Superman Pro
For $247 per month, you can enjoy additional features, plus access to an extensive base of knowledge provided by Superman himself through the Superman Pro package. On top of the essentials featured in the Alerts package, Superman Pro gives you weekly video lessons, including an ever-growing library of previous lessons. Additionally, you’ll also get the ability to access premium reports on research as well as the IPO as well as earnings tracking tool.
Profit.ly plans and costs
If you’re looking to join the world of online trading and leave your mark on the market, Profit.ly has the right amount of resources to get you going. Profit.ly offers three membership tiers that are designed to accommodate traders of different levels. Let’s break down what these three tiers are and how much they’ll cost you.
Novice Plan
The Novice package is Profit.ly’s basic plan that is designed specifically for those who are new to the world of trading. When you sign to this plan you’ll be given a slew of robust and indispensable trading tools, all of which is essential to keep your hands on what we call a competitive process by itself.
The list of features you can do with Profit.ly’s Novice package is the capability to check the results of your trades and track profit; leading, following and even texting other traders; and giving feedback on the trades of today. It also allows you to be on leaderboards, analyze your trades, sort as well as filter trades and, lastly, view other people’s statistics.
The Novice plan is $29.95 per monthly payment. Although it looks attractive just by the price but there’s a disadvantage. You can’t create a private profile, thus making your activities publicly available. If you’re looking to have an account with this option, keep an eye on us as we present to you Profit.ly’s next plan.
The Trader Plan
The Trader package allows you to use many of the features of The Novice package. This plan allows that you can set up an account that is private to share with other associate users all your knowledge and intel in this trading group.
The price is $49.95/month, Profit.ly’s Trader plan is exactly what it says: Cater for those looking to improve their skills in trading. Although it’s a nice thing, there is one significant element that’s missing. Unlike the previous Novice package, this one won’t be able view the statistics of other traders that could be a disadvantage for those who are anticipating this level. Timothy Sykes Through The Roof
Pro Plan
The Pro plan is the most expensive plan Profit.ly can offer to experienced traders. With $74.95 per month, and an additional 22% discount when billed annually the Pro plan has it all. It gives you full, unlimited access to all features of the previous plans.
You’re not only able to view other people’s stats and data, but you also have the opportunity to create your own private profile. Both of these features, plus the other benefits that you can use to the fullest potential. If you’re in search of a plan that can serve you everything you need as trader with experience, the Pro tier could be for you!
Profit.ly’s Other Services
In addition to the tools for training and Leaderboards Profit.ly has a few other services they offer. One of these is its online store, which lets users select from a variety of videos designed to inform and provide guidance on the nuances and pitfalls of trading. All of the products featured on this page of the website is available to be bought immediately for your personal use. Among these products include best-sellers such as”Trading Tickers,” the “Trading Tickers” series by trader expert Tim Grittani, Timothy Sykes’s library of DVDs and streaming-only content on short stocking, penny stocking, and other related to trading, videos and clips taken from the Annual Pennystocking Conference, and products from other expert traders.
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The integrated chat rooms are also part of Profit.ly’s range of services and features. You’re probably familiar with the chat room as you can see it across social and messaging platforms, and also on a few specialty websites that provide live chat assistance. But on Profit.ly, it is seen as a hands-on space where experts and their members trade and share knowledge in real-time. Every guru has their own way when it comes to running their chat room and dealing with the listed members. Some may be a laid-back person who is less active, while another might be more active and in touch with their students. Think of the chat rooms like Profit.ly’s version of the forum in the essence.
Who is the best trader to Profit.ly?
Profit.ly’s variety of offerings and features are geared towards the wide range of stock traders, ranging from novices to the most experienced. Considering the number of offers it has to offer this platform definitely has something for every person.
Beginners, for instance, can take advantage of Profit.ly’s knowledge-based content offered throughout the platform. In addition, they will get daily videos and chat room advice by its internal gurus and their members. Additionally, they can choose from the items from its online store to carry with them wherever they go. You can also get hands-on experiences from trading within the platform, but eventually, they will soon learn that this is a high stakes game that shouldn’t be taken as an amusing pastime.
For traders who have many years of experience down the road, we consider Profit.ly equally suited to those who are just starting. While novice traders may not be as adept at handling trading matters however, experienced traders know the way it functions and the plethora of risks that it carries. In the ideal scenario, they can use Profit.ly’s range of options to their maximum advantage to enhance their trading abilities. Like beginners, they can learn from the experts as well as experts, and take advantage of simple tips and hints to help them along.
Profit.ly’s “all-inclusive” nature isn’t limited to novices and semi-experienced traders. Experts who have been verified can also participate in the enjoyment! Those in the trading industry who are at the same level as Superman as well as Tim Sykes can also use up Profit.ly’s capabilities to display their expertise to other traders in order to guide them through the ever-illustrious trading process. Timothy Sykes Through The Roof
Profit.ly’s Pros and Cons
The Pros
- Profit.ly’s numerous capabilities as a “one-stop” stock trading platform allows traders from all over the world with a wealth of education communications, trading, and communication tools
- You get to be provided with excellent lessons and tips from the inside experts, as well as libraries of educational videos and real-time trading activities
- You can be sure of complete transparency through Profit.ly by using accurate data and fellow traders that are waiting to reach you when something goes wrong.
- The leaderboard feature of the platform offers you the opportunity to increase your credibility as a trustworthy and dependable trader
- Apart from its main capabilities, Profit.ly also gives its customers extra options that can be tailored to their needs, like posting unverifiable trades through screenshots
- Profit.ly’s wide array of packages and subscription levels are priced at affordable rates – there truly is something for everyone
The Cons
- Profit.ly’s bountiful stream of products and packages offered might not be enough for most of its users
- If traders decide to post any kind of trade, there is a possibility that some of them could profit from selecting the best trades in order to boost their rating This could be a risk that shouldn’t be simply overlooked
- Profit.ly does not accept refunds as its premium users are expected to immediately benefit from the number of features the platform is able to offer
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The Final Concluding Question is: Is Profit.ly Valued?
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 scheme to get rich quick. The platform was not always designed to be used to achieve this goal. Instead, you should have an open mind. Timothy Sykes Through The Roof
What we mean by ‘yes’ is that it could be a useful learning tool. For those who are struggling, they may discover Profit.ly’s range of resources helpful in their efforts to incur lesser loss and perform better than they did before. It’s not only the struggling traders who will benefit from this platform. It can accommodate beginners and even experts!
If you truly desire to be a better trader and want to learn from your peers and experts on the way, you should look no further than Profit.ly. Profit.ly is a fantastic alternative to start.
FAQ Timothy Sykes Through The Roof
What are the best ways to use Profit.ly to publish your trades?
Profit.ly includes a trade entry portion in the My Trade’ category of the dashboard that lets you post your trades that are verified or otherwise. There are three choices:
- Connecting your account to your broker of choice and import the trades from that directly
- Manually entering your trades using the spaces provided and details
- Send a screen shot of your transactions
What can I do to determine whether the trade is authentic or not?
If you purchase 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 the information manually or via screenshots, it will automatically be classified as unverified.
The downside of having an unauthenticated trade is the chance of getting downvotes from your colleagues. If you receive too many negative votes, it could cause you to be listed on the Madoff leaderboard, which is where the public are able to identify who is dishonest in posting trades.
Is the Profit.ly mobile application still available?
At the time of writing, Profit.ly is still available to download via the App Store for Apple and on the Google Play store. The mobile version of the app is compatible with the majority of 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 seeking to make the most profit but also help each other learn and improve in acquiring opportunities on the stock market both right and left.
