Stock trading can be an exciting game with high stakes. On certain days, you might have the benefit of pleasing and positive 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’re immersed in the water it is important to recognize that relying on pure instinct and preservation may not always be enough.
If you’ve been incurring loss from time to time and you’re likely to require 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 an option that can help you to improve your performance within the field. We’ll take 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. Do check out our article below, however, because it has a comprehensive overview of Profit.ly.
Overall Rating: 4.1/5 Timothy Sykes Toward Below Deck Sailing Yacht
Value: 4.1/5
Quality: 4.1/5
Costs: 4.1/5
The User’s Experience 4.5/5
Summary
Profit.ly can be described as an online platform for trading that allows traders of various levels to be informed and accountable, as well as transparent and uplifting with each other by offering a wide variety of tools and features such as chat rooms, trade verification, and an enriched library of educational content.
How do I define Profit.ly?
Profit.ly is a trading website that serves both as a training and learning platform for traders who are just beginning their journey and as a hub for experienced traders to track their performance using the aid of advanced analytics tools. Offering users a broad range of resources to facilitate trade and communication, it helps traders from all walks of life network with one another. It offers gurus with an opportunity to invest in the right areas of this platform. Imagine it as a social media site akin like Facebook and Reddit however it is geared towards experts and traders.
Profit.ly independently checks the performance of trades and then publishes the information from them in the style of leaderboards. The platform for trading is built on trust and transparency. it guarantees that the trades are authentic and won’t accept fake news as long as is humanly possible. It was created many years ago by penny stock trade expert and investment expert Timothy Sykes, along with the other expert Michael Mosseri.
In an appearance in Forbes publication, Sykes stated that Profit.ly was driven by its focus “on the transparency of the entire spectrum of trades, something which was never prior to.” The concept Sykes said served two goals: 1.) keeping track of public data for all traders, not just the gurus as well as newsletter authors and students as well as) allowing anyone on the platform to be enlightened by both the wins and losses to the benefit of the trading industry. Timothy Sykes Toward Below Deck Sailing Yacht
How Does It How Does It
Profit.ly follows a subscription-based model that allows stock traders to benefit from a variety of tools and services that are geared towards achieving the success of their business. You may set up an account there at no cost, however you’re limited to access to the leaderboard and follow the actions of non-gurus. If you’re looking to invest your money in order to find out which stocks the gurus are trading in real time You’ll need to sign up to one of Profit.ly’s offerings, which we will review in the coming days.
The process of opening an account is simple: Create an account that includes your personal information and knowledge, then connect to your brokerage account, and you’ll have the chance to climb through high on the leaderboard. Profit.ly’s leaderboard feature, as we’ve mentioned earlier was designed to offer its users an insight into their performance as a trading group and its experts. You’re not just allowed to prove value to a community of traders. You can also utilize Profit.ly to buy with a guru, and have the assurance that you’re confident of their knowledge and the legitimacy of their assertions.
If you feel uneasy with the idea of divulging the details of your broker account then you could choose to publish your trades, whether verified or otherwise, through photographs. Included in Profit.ly are a variety of trading courses as well as the ability to look at the stats of a trader’s account and other methods to interact with your experts through 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 trading personality who is famously known for delving his hands into trades in penny stocks. According to Investopedia Penny stock refers to a small-sized company’s stock which trades at just less than 5 cents per share. The trading of penny stocks could be viewed as a stepping stone for small companies to move to a market that is larger as it gives them access to funds from the general public. However, don’t get it wrong – it can also be an extremely risky game, as Sykes is sure to reveal thanks to his years of expertise.
Since his initial beginnings in the latter years of High School, Tim Sykes has, since then, earned an estimated $6 million profit throughout his illustrious career as a trader. At 25 years old Sykes was given more exposure and a wider influence over time as a participant in the reality series “Wall Street Warriors.” Then, he used the opportunity to develop trading rooms, penny stock themes, as well as educational content targeted 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 on the platform.
The Profit.ly Gurus
One of Profit.ly’s amazing features is the wide range of learning resources, 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 proven to make substantial amounts of money from their combined years of experience. Timothy Sykes Toward Below Deck Sailing Yacht
At its peak, Profit.ly had housed up to five gurus, each of them a pro in their field of expertise in the trading industry. Some of the prominent gurus included Connor Bruggermann, Nathan Michaud of Investors Underground, and Triforce among others. At the time of writing however, only two gurus remain on this platform: Founder and penny stock trader Tim Sykes and veteran smallcap swing trader Paul Scolardi, also known as Superman. When we take that into account, let’s take a look at the packaged offers each guru can offer.
From Tim Sykes: Tim’s Alerts
Sykes provides an essential stock trading service that focuses on penny-priced day trading with Tim’s Alerts. The cost is $74.95 per month, you will observe him focus on basic stock catalysts and employ them to predict the next possible moves in making trades.
A purchase on its own in Tim’s Alerts will get you access to the chatroom, as well as the mobile application that is available to iOS as well as Android devices; text, e-mail and push alerts; as well as a daily watchlist of stocks.
Tim Sykes: From Tim Sykes: The Pennystocking Silver Package
Pennystocking Silver is the most premium version that has been upgraded of the Tim’s Alerts program. Priced at $149.95 monthly, this is a great option for those who are more involved in the penny-stock market. Pennystocking Silver includes all the basic features found in earlier plans which includes alerts for swing trading and access to a rich library of more than 7,000 instructional videos and new videos released weekly.
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In “Superman” Paul Scolardi: Superman Alerts
Scolardi who goes under the alias “Superman,” is a professional in swing trading with an eye for tiny-cap massive stocks as well as wildly accurate marketing forecasts. Since when he first started trading, Superman has amassed over $5.5 million in trading earnings. Timothy Sykes Toward Below Deck Sailing Yacht
The Superman Alerts package is his offering of essential features and alerts on trading geared towards those who might be interested. For just $147 per month, you’ll have access to the daily premarket stock watchlist along with the mobile app, the daily market commentary in real-time, as well as SMS and e-mail alerts.
In “Superman” Paul Scolardi: Superman Pro
For $247 per month, you can enjoy additional features, plus access to a knowledgeable base provided by Superman himself through the Superman Pro package. In addition to the basic features featured in the Alerts package, Superman Pro gives you weekly video lessonsthat include a growing library of all other previous ones. Additionally you’ll also have the ability to access premium reports on research as well as an IPO and earnings tracker.
Profit.ly plans and costs
If you’re ready to join the online trading community and leave a mark in the market, Profit.ly has the right amount of tools to get you going. Profit.ly offers three membership levels that cater to traders with different levels. Let’s look at what the three tiers are and how much they will cost you.
Novice Plan
The Novice package is Profit.ly’s entry-level plan designed especially for people who are brand new to the trading community. When you sign up for this package, you will be immediately provided with a variety of powerful and essential trading tools, all one of them essential in keeping your fingers on what could call a ruthless process by itself.
Some of the features you can accomplish with Profit.ly’s Novice package is the ability to confirm the results of your trades and track profit; leading, following, and even messaging your fellow traders, as well as providing feedback on trades today. You’re also allowed to get onto leaderboards; study your trades, sort as well as filter trades; and, lastly, view the statistics of other traders.
The Novice plan costs $29.95 per monthly payment. Although it looks attractive simply because of the price, there is a downside. It isn’t possible to create a private account, making your actions public. If you do want to get the benefit of this service, you should be watching for us to introduce to you Profit.ly’s new plan.
Trader Plan
The Trader plan allows you to use many of the features of The Novice package. This plan allows that you can create a private profile to share with other associate users all the insights and knowledge you gain from trader’s community.
Priced at $49.95/month, Profit.ly’s Trader plan is exactly what it says catering for those looking to develop their trading skills. As nice as it seems but there’s one important feature that is missing. In contrast to the Novice package, you will not be able to see other traders’ stats this could be a problem for those looking forward to this tier. Timothy Sykes Toward Below Deck Sailing Yacht
Pro Plan
This is by far the most expensive plan Profit.ly offers to experienced traders. With $74.95 monthly, which includes an additional 22% discount for annual billing This plan offers everything. You will have full, unrestricted access to all options of the prior plans.
In addition, you’ll be able to see other users’ stats as well, you’re also offered the option of creating your own private profile. Both of these options, plus the other advantages you’ll be able to use to the maximum extent. If you’re in search of an option that gives you with everything you require as a skilled trader, maybe the Pro plan is for you!
Profit.ly’s Other Services
Apart from the provided training tools and the Leaderboards Profit.ly offers a number of more services it has to offer. One of them is the online store, where customers can choose from a wide array of videos that are designed to educate and help you understand the ins and outs of trading. Each of the offerings listed on this page of the website is available to be bought immediately for your personal use. Among these products include best-sellers like”Trading Tickers, “Trading Tickers” series from trading expert Tim Grittani, Timothy Sykes’s collection of DVDs and streaming-only content related to penny stocking, short stocking, as well as all things trading-related, clips and footage taken from events like the Annual Pennystocking Conference, and other products by expert traders.
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The integrated chat rooms are also part of Profit.ly’s range of features and services. You are probably familiar with the chat room as you can find it throughout social and messaging platforms as well as some specialty websites that provide live chat support. But in Profit.ly the chat room is viewed as a hands-on place where gurus and their members can interact and learn in real time. Each guru has their style in running their chat rooms and in dealing with the members there. Some may be laid back and rarely engaged, while another could be more online and communicative to their pupils. Think of chat rooms as Profit.ly’s version of the forum in the essence.
Who is the Ideal trader to Profit.ly?
Profit.ly’s diverse range of products and features are geared towards a large variety of stock trader types, from beginners to experienced pros. Given the wide range of options it offers it is certain to have something for every person.
Beginners, for instance, can take advantage of Profit.ly’s library of learning content offered throughout the platform. In addition, they will be enriched with weekly videos and chat room advice from the in-house experts and their members. They’ll also be able choose from the items on its store online to carry with them wherever they be. They can also gain hands-on experiences by trading through the platform, however they’ll be able to realize that the process is a risky game that shouldn’t be taken as a joke.
For traders who have decades of experience in the line, we see Profit.ly equally suitable to them as people who are just beginning. While the newbies may not be as well-equipped with dealing with trading issues, the pros already understand the way it functions and the plethora of risks associated with it. Ideally, they may utilize Profit.ly’s variety of features to their best advantage to develop their trading abilities. As beginners, they are able to learn from the experts and experts and utilize those quick tips and tidbits throughout the process.
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 excitement! People in the trade industry who are at similar levels to Superman as well as Tim Sykes can also use up Profit.ly’s capabilities to display their skills to others in order to assist them in the ever-changing trading process. Timothy Sykes Toward Below Deck Sailing Yacht
Profit.ly’s Pros and Cons
The Pros
- Profit.ly’s diverse capabilities as a “one-stop” platform for trading stocks allows traders from all over the world with tons of learning tools, communication, and trading tools
- You get to be taught by experts and advice from the company’s internal experts, which include libraries of educational videos and trading in real-time.
- You’re guaranteed transparency throughout Profit.ly by using accurate data and fellow traders that are waiting to reach you out whenever something happens
- The leaderboard feature on the platform gives you the chance to establish your credibility as a trustworthy and dependable trader
- Apart from its main features, Profit.ly also gives its customers extra options that can be tailored to their needs, like posting unauthentic trades via images
- Profit.ly’s variety of packages and subscription levels are priced at a reasonable cost – there truly is something for every person
The Cons
- Profit.ly’s numerous packages and services offered could seem overwhelming for a lot of its customers
- As traders may opt to post any kind of trade, there’s the possibility that some of them may take advantage by cherry-picking the best trades to increase the rating – this may be a risk that shouldn’t be overlooked.
- Profit.ly does not offer refunds as the premium customers are expected to instantly benefit from the many features the platform is able to provide
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The Final Concluding Question is: Is Profit.ly Worth It?
If we could come up with the answer, it would be an affirmative “yes”. However, you must realize that this platform shouldn’t be viewed as a get-rich-quick scheme. It wasn’t meant to be designed for this reason. Instead, you should have the ability to think with an open heart. Timothy Sykes Toward Below Deck Sailing Yacht
What we are referring to”yes” is that it could be a useful learning tool. For those who are struggling, they may find Profit.ly’s range of resources useful as they do their best to incur lesser losses and perform better than they did before. Not only struggling traders who will profit from the platform. It is able to accommodate novices and even experts in the field!
So, if you genuinely desire to be better at trading and wish to learn from your fellows and gurus on the way, take a look at Profit.ly. Profit.ly is a fantastic alternative to start.
FAQ Timothy Sykes Toward Below Deck Sailing Yacht
What are the best ways to use Profit.ly to make your trades public?
Profit.ly includes an entry section for trades within the My Trade category on the dashboard. It lets you record your trades that are verified or not. You may choose between three choices:
- Linking your account with your brokerage of choice and importing transactions directly through there
- Manually entering your trades into provided spaces and specifics
- Upload a screenshot of your trades
How do I know if the trade is verifiable or not?
If you import your trade through a reliable brokerage, there is an excellent chance that it is verifiable. This is evident by the blue check mark. If you upload it manually or through images, it will be classified as unverified.
The drawback of posting an unauthentic trade is the possibility of receiving negative feedback from colleagues. A large number of downvotes could cause you to show up on the Madoff leaderboard, where people can see who’s fraudulent in posting trades.
Is the Profit.ly mobile application still available?
At the time of writing, Profit.ly is still available for download on the App Store for Apple and in the Google Play store. The mobile version of the app is compatible with most working smartphones and tablets.
How many are connected to Profit.ly?
Profit.ly is currently home to over 150,000 traders and investors, since they’re not just trying to maximize profits but also assist each other to develop and grow in their ability to take advantage of stock market opportunities both right and left.
