The stock market can be an exciting game with high stakes. On certain days, you might have the benefit of positive and satisfying numbers. However, on other days it could be the reverse and it can be extremely difficult to get back to where you were at your peak. If you’re immersed in the water You will need to realize that relying on pure instinct and preservation may not always be enough.
If you’ve suffered occasional losses and you’re likely to require solid advice from seasoned and tested trading experts. You’re also gonna need an important boost from colleagues in the market from all over the globe, which is why we’ve discovered an option that can help you in your growth within the field. We’ll take the time to 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.
Total Rating: 4.1/5 Timothy Sykes Trades
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 permits traders of all levels to be knowledgeable and accountable, as well as transparent and to build relationships with one another through its wide variety of tools and features including trade verification, chat rooms, and an enriched library of educational material.
What is Profit.ly?
Profit.ly is a trading site which serves as a learning and education platform for people new to trading and as a hub for experienced traders to track their performance with the help of cutting-edge analytics tools. Providing users with a wide range of resources for trade and communication and letting traders from every field of business connect with one another. It gives the gurus an opportunity to invest in the right areas that the site. Imagine it as a social media site akin to Facebook and Reddit, but for traders and experts.
Profit.ly independently validates trade performance and publishes all data from them in the form of leaderboards. The trading platform is built on honesty and transparency: it makes sure that trades are valid and won’t tolerate inauthenticity as much as possible. It was founded in the past by penny stock trade expert and investment guru Timothy Sykes, along with fellow expert Michael Mosseri.
One time during his interview for Forbes publication, Sykes declared that Profit.ly was motivated by its focus “on showing every trade, something that was never done before.” The idea was, he said, serving two objectives: one) making public records for not just the gurus, but also the students and newsletter writers, and 2) giving all users to be enlightened by the losses and wins to benefit the industry of trading. Timothy Sykes Trades
How Does It Work?
Profit.ly is a subscription-based platform that allows stock traders to benefit from a variety of services and features geared toward achievement. It is possible to create an account for free, but you’re only limited to having access to the leaderboard and observe the actions of non-gurus. If you’re ready to invest your money and see which stocks the gurus are trading in real time it is necessary to subscribe to any of Profit.ly’s offers, which we will review in the coming days.
Making an account simple: Create an account that includes your personal information and expertise, connect your brokerage account, and you’ll have the chance to climb your way up to high on the leaderboard. Profit.ly’s Leaderboard function, which was we’ve mentioned earlier it is designed to provide its users a glimpse of how the community of traders performs and its experts. You’re not just allowed to show that you’re worthy to the large group of traders. You can also utilize Profit.ly to purchase with a guru, and have the assurance that you’re confident of their knowledge and the legitimacy of their assertions.
If you’re not comfortable with the concept of leaking information about your account with a brokerage, you may opt to post your trades, verified or not, by taking photographs. Included in Profit.ly are a variety of trading classes as well as the ability to look at the stats of a trader’s account, and more ways to interact with your experts in the chatroom, as well as email and text alerts 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 his involvement in trades in penny stocks. According to Investopedia, a penny stock refers to a small-sized company’s stock that trades for under $5 for each share. The penny stock market can be seen as an avenue for small companies to move to a large marketplace as they can access funds from the general public. But don’t be mistaken – it’s also a high-risk game, which Sykes is sure to reveal through his many years of expertise.
Beginning in his late years in high school, Tim Sykes has, since then, made over $6 million of profits during his long and successful career as trader. At the age of 25, he had been given greater exposure and an even wider influence over time when he was a part of the reality show “Wall Street Warriors.” He used the opportunity to establish trading rooms, penny stock themes, and educational content geared toward those who are new to the trading field. He also helped establish Profit.ly as a platform for transparency and for the community to uplift and compete on the platform.
The Profit.ly Gurus
One of Profit.ly’s amazing features is the variety of learning tools, trade alerts and other useful stuff offered by the company’s internal gurus. These gurus refer to the experts in trading who have made significant amounts of profit through their years of knowledge. Timothy Sykes Trades
At its height, Profit.ly had housed up to five gurus, each of them a pro within their particular field in the field of trading. Some of the most famous experts included Connor Bruggermann, Nathan Michaud of Investors Underground, and Triforce as well as a handful of others. At the time of writing however, only two gurus remain on this platform: Founder as well as penny-stock trader 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 Sykes
Sykes offers a basic stock trading service which focuses on penny stock day trading through Tim’s Alerts. The cost is $74.95 monthly, you’ll observe him focus on fundamental catalysts for stocks and utilize them to predict the next moves that could occur when making trades.
A single purchase in Tim’s Alerts will get you access to the chatroom as well as the mobile app available on iOS and Android devices; text, e-mail and push alerts; and a daily stock watchlist.
From Tim Sykes: The Pennystocking Silver Package
Pennystocking Silver is the premium, upgraded version of the Tim’s Alerts program. It costs $149.95 for a month this is a great option for investors who are involved in the penny-stock market. Pennystocking Silver includes all the basic features that were included in the previous plan, which includes alerts for swing trading and access to an extensive library of over 7,000 educational videos that are updated weekly.
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From “Superman” Paul Scolardi: Superman Alerts
Scolardi who is known under the alias “Superman,” is a trader who has an eye for both tiny-cap massive stocks as well as wildly accurate marketing forecasts. Since he began as a trader, Superman has amassed over $5.5 million in all-time trading profits. Timothy Sykes Trades
The Superman Alerts plan is an offering of essential features and trading alerts targeted toward those who may be interested. For $147 per month, you’ll gain access daily premarket stock watchlist as well as the mobile app, the daily market commentary in real-time, and email and SMS alerts.
In “Superman” Paul Scolardi: Superman Pro
For the price of $247, you receive additional features, as well as access to a knowledgeable base of information provided by Superman himself, via Superman Pro. Superman Pro package. On top of the essentials included in the Alerts plan, Superman Pro gives you weekly video lessons, including the growing collection of previous lessons. In addition, you’ll also get an access to high-quality research papers as well as the IPO as well as earnings tracking tool.
Profit.ly Programs and Costs
If you’re ready to join the online trading community and make a mark on the field, Profit.ly has the right amount of resources to get you up and running. The platform has three membership levels that are designed to accommodate traders with different levels. Let’s take a look at what these three are and how much they’ll cost you.
Novice Plan
The package called Novice is Profit.ly’s entry-level plan designed especially for people who are brand new to the trading world. As you sign to this plan you’ll be given a slew of robust and indispensable trading tools, all of them integral in keeping your hands on what we call a competitive procedure in its own.
The list of features you can do with Profit.ly’s Novice package include the capability to check the results of your trades and track profit; leading, following and even texting your fellow traders, as well as providing feedback on trades today. It also allows you to be onto leaderboards; study the results of your analysis, sort, or filter the trades you make and, lastly, view other people’s statistics.
The Novice plan will cost $29.95 per month. While it may look attractive just by the price however, there’s a drawback. You aren’t able to create a personal profile, which makes your activities publicly available. If you do want to gain the benefit of this service, you should stay tuned as we introduce to you Profit.ly’s next plan.
Trader Plan
The Trader package lets you to use many of the features of The Novice package. It is in this plan that you are able to create an individual profile that allows you to share with fellow associates all your 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 catering people who want to harness their trading skills. As nice as it seems however, there’s a crucial element that’s missing. As opposed to the prior Novice package, you won’t be able view other traders’ statistics this could be a disadvantage for those looking forward to this tier. Timothy Sykes Trades
Pro Plan
This is by far the most expensive plan Profit.ly can offer to experienced traders. It costs $74.95 per month, with an additional 22% discount when billed annually, this tier has everything. You get full, no-holds-barred access to all the features from the two previous plans.
Not only do you get to see other users’ stats as well, you’re also offered the option of creating a 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 account that will give all the features you need to be trader with experience, the Pro level is for you!
Profit.ly’s Other Services
In addition to the tools for training and leaderboards, Profit.ly offers a number of more services it has to offer. One of these is its online store, which lets users pick from a range of videos that are designed to educate and help you understand the nuances and pitfalls of trading. All of the products featured in this section of the site can be purchased immediately for personal use. Among these products include best-sellers such as”Trading Tickers, “Trading Tickers” series from trading expert Tim Grittani, Timothy Sykes’s collection of DVDs and streaming-only content about short stocking, penny stocking, as well as all aspects of trading. There are also clips and scenes from events like the Annual Pennystocking Conference, and items from other experts in trading.
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The chat rooms that are integrated are also part of Profit.ly’s variety of services and features. You may be familiar with the concept of the chat room since you can find it throughout social and messaging platforms and also on a few specialty websites that provide live chat assistance. However, in Profit.ly, it is seen as a space where experts and their members trade and exchange knowledge in real-time. Every guru has their own way when it comes to running their chat room and dealing with the members. One of them may be a laid-back person who is rarely active, while another may be more active and in touch in their interactions with students. Think of the chat rooms as Profit.ly’s version of the forum, in essence.
Who is the ideal trader to Profit.ly?
Profit.ly’s variety of offerings and features caters to the wide range of stock traders, ranging from novices to experienced professionals. Considering the number of offers it offers it is certain to have something for every person.
Beginners, for instance, will enjoy Profit.ly’s collection of educational information available on the platform. Not only will they get daily videos and chat room advice from the in-house experts and members. They’ll also be able choose from the items from its online store that they can take with them wherever they may be. Additionally, they can gain practical experiences from trading within the platform, however, they will soon learn that trading is a risky game that should not be viewed as an opportunity to make fun of.
For those traders who have had decades of experience in the road, we consider Profit.ly as equally as suitable to them as those who are just starting. While novice traders may not be as proficient in managing trading, the pros already understand how it works along with the plethora of risks that come with it. In the ideal scenario, they can use Profit.ly’s array of features to their full advantage to improve their trading abilities. As beginners, they are able to study from the gurus and experts and utilize those short tips and tricks to help them along.
Profit.ly’s ‘all-together’ nature isn’t limited to novices and semi-experienced traders. Certified experts can also take part in the excitement! Those in the trading industry who are on the same level as Superman as well as Tim Sykes can also use Profit.ly’s capabilities. Profit.ly’s capabilities to showcase their skills to others as a way to help assist them in the ever-changing trading process. Timothy Sykes Trades
Profit.ly’s Pros and Pros and
The Pros
- Profit.ly’s many capabilities as a “one-stop’ stock trading platform allows traders across the globe with an abundance of knowledge, communication, and trading tools
- You will be provided with excellent lessons and tips from the in-house gurus, including libraries of educational videos and real-time trading activities
- You can be sure of complete transparency through Profit.ly with precise analytics and fellow traders who are ready to reach you when something goes wrong.
- The leaderboard feature of the platform offers you a way to build your reputation as a reliable and authentic trader
- Apart from its main abilities, Profit.ly also gives its customers additional options to meet their preferences, such as posting unauthentic trades via images
- Profit.ly’s diverse range of subscription plans and guru packages are priced at affordable rates There’s something for all
The Cons
- Profit.ly’s numerous packages and services offered could seem overwhelming for most of its users
- Since traders can choose to open any kind of trade, there is a possibility that some of them will profit by selecting the best trades in order to increase the rating this could be a problem that shouldn’t be ignored.
- Profit.ly does not offer refunds as its premium users are expected to immediately benefit from the number of services that the platform can provide
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The Final Verdict: Is Profit.ly worth it?
If we could think of an answer to this question, it’s an affirmative “yes”. However, you must realize that the platform should not be used as a get-rich-quick scheme. The platform was not always designed to be used in this way. Instead, you need to have curiosity. Timothy Sykes Trades
What we mean”yes” is it can be a great learning tool. For those who are struggling, they could find Profit.ly’s array of resources useful when they try their best to reduce loss and perform better than they did before. It’s not only the struggling traders who will benefit from the platform. It will be able to accommodate beginners as well as even experts in the field!
So, if you genuinely want to become more successful in trading and would like to learn from your fellows and gurus along the way, then you should look no further than Profit.ly. Profit.ly may be a great alternative to start.
FAQ Timothy Sykes Trades
How do you use Profit.ly to publish your trades?
Profit.ly offers a trade entry portion under the ‘My Trade’ category of the dashboard that lets you record your trades that are verified or not. There are three options:
- Linking your account to the brokerage of choice and importing the trades from that directly
- Manually entering your trades using provided spaces and specifics
- Upload a screenshot of your transactions
How do I know whether the trade is authentic or not?
If you import your trade through a reliable brokerage, there’s an excellent chance that it is verifiable. This is shown by the blue check mark. If you upload it in a manual way or by taking screenshots, it will automatically be classified as unverified.
The downside of having an unauthenticated trade is the risk of receiving downvotes from fellow peers. A large number of downvotes could result in you appearing on the Madoff leaderboard, where people can see who’s fraudulent in posting trades.
Is the Profit.ly mobile app still in use?
As of the moment, Profit.ly is still available to download from the Apple App Store and on the Google Play store. The mobile version of the app works with all working smartphones and tablets.
How many are using Profit.ly?
Profit.ly is currently home to over 150,000 investors and traders, since they’re not just trying to maximize profits but also assist each other to grow and learn more about acquiring opportunities in the stock market all over the world.
