Stock trading can be an extremely risky game. Some days, you may be reaping the benefits of positive and satisfying numbers. On other days, however you may experience the opposite and it could be very difficult to return to the point you were at your peak. If you’re immersed in the water it is important to recognize that relying on instinct and survival might not be enough.
If you’ve suffered loss from time to time You’ll need solid advice from seasoned and tested trading experts. You’re also gonna need an enormous boost from your colleagues in the market from all over the world, which is why we’ve found an online platform that will help you in your growth in the industry. This review will be taking 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.
Overall Rating: 4.1/5 Timothy Sykes Training Program
Value: 4.1/5
Quality: 4.1/5
Costs: 4.1/5
User 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 array of tools and features including trade verification, chat rooms, and an enriched library of educational content.
How do I define Profit.ly?
Profit.ly is a trading website that functions as a learning and education platform for traders who are starting out as well as a place for experienced traders to track their performance with the help of sophisticated analytics tools. Offering users a broad array of options for communication and trade and letting traders from all walks of life network with one another. It also allows gurus to make worthy investments within the boundaries of the platform. Consider it the social media equivalent to Facebook and Reddit, but for professionals and traders.
Profit.ly independently checks the performance of trades and then publishes the information of them in the manner of leaderboards. The trading platform is built on honesty and transparency: it guarantees that the trades are valid and won’t allow for fraud as much as possible. It was established many years ago by penny expert in stock trading and investment guru Timothy Sykes, along with the other expert Michael Mosseri.
One time , during an interview with Forbes publication, Sykes stated that Profit.ly was based “on showing the entire spectrum of trades, something which was never prior to.” The concept was, he said, serving two objectives: one) making public records for not just the gurus as well as students and newsletter writers, and 2) giving all users to gain insight into both the wins and losses to the benefit of the trading industry. Timothy Sykes Training Program
How Does It Work?
Profit.ly is a subscription-based platform that allows stock traders to gain access to a multitude of services and features geared toward achievement. You can create an account there at no cost, however you’re limited to access to the leaderboard and follow the activities of people who aren’t gurus. If you’re ready to invest your money and see what stocks the experts are trading in real time You’ll need to subscribe to any of Profit.ly’s deals that we’ll go over shortly.
Making an account simple: Create an account with your experience and skills, join to your brokerage account and you’ll have the chance to climb through the top of the leaderboard. Profit.ly’s leaders’ board feature as we’ve mentioned earlier was designed to offer its users an insight into the performance of the trading community and its experts. It’s not only a chance to prove value to a large group of traders, as you are also able to use Profit.ly to buy with a professional with the confidence that you are confident with their expertise and the veracity of their assertions.
If you’re not comfortable with the idea of sharing the details of your broker account then you could decide to share your trades, whether verified or otherwise, through pictures. Also included in Profit.ly is the huge selection of trading classes, the ability to view stats in a trader’s profile, and more ways to interact with your experts through the chatroom in addition to text and e-mail alerts and updates.
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Meet Tim Sykes, the founder: Tim Sykes
Timothy Sykes is a well-renowned day trading guru who is well-known for delving his hands into the penny-stock market. According to Investopedia, a penny stock refers to a small-sized company’s stock that trades for just less than 5 cents per share. Penny stock trading could be viewed as an avenue for small-scale businesses to make the transition into a larger market because it gives them access to funds from the public. But don’t make the mistake of thinking that it can also be an extremely risky game, as Sykes can surely tell because of his decades of expertise.
Since his initial beginnings in his late years in high school, Tim Sykes has, since then, earned an estimated $6 million earnings during his long and successful career as trading professional. When he was 25 years old, he had been given greater exposure and an even wider impact as a participant in the reality series “Wall Street Warriors.” He made use of the show to create trading rooms and penny stock themes and educational material aimed at those who are just beginning to learn about trading. He also helped establish Profit.ly as a platform for transparency and to allow the community to rise and compete on the platform.
The Profit.ly Gurus
One of Profit.ly’s amazing features is the vast array of learning resources, trade alerts, and other helpful stuff provided by the platform’s in-house gurus. The gurus in question refer to experts in the field of trading who have made substantial profits from their combined years of expertise. Timothy Sykes Training Program
At its peak, Profit.ly had housed up to five gurus, all of them a professional in their niche in the trading industry. Some of the most famous experts included Connor Bruggermann, Nathan Michaud of Investors Underground, and Triforce, among a few others. At the time of writing, only two gurus remain on the platform: the founder as well as penny-stock trader Tim Sykes and veteran smallcap swing trader Paul Scolardi, also known as Superman. In light of that Let’s look at the packages each guru offers.
From Tim Sykes: Tim’s Alerts
Sykes provides basic stock trading services that focuses on penny stock day trading through Tim’s Alerts. Costing $74.95 monthly, you’ll observe him focus on fundamental stock catalysts and use them to predict the next possible moves in trading.
A standalone purchase in Tim’s Alerts will get you access to the chatroom, as well as the mobile app that’s available to iOS as well as Android devices; text, e-mail and push alerts; and a daily stock watchlist.
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 package. Priced at $149.95 for a month this is an ideal plan for investors who are invested in investing in penny stocks. Pennystocking Silver offers all the essential features of the previous plan, which includes swing trading alerts as well as unlimited access to an extensive collection of more than 7,000 educational videos and new videos released every week.
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The following video is from “Superman” Paul Scolardi: Superman Alerts
Scolardi, who goes by the alias “Superman,” is a swing trading professional with an eye for both tiny-cap massive stocks as well as wildly accurate marketing forecasts. Through the years since the time he started trading, Superman has amassed over $5.5 million in total trading profits. Timothy Sykes Training Program
The Superman Alerts plan is his offer of the most essential features and alerts on trading geared toward those who may be interested. For just $147 per month, you’ll have access to the daily stock watchlist that is premarket along with the mobile application, daily market commentary shown in real-time, and email and SMS alerts.
In “Superman” Paul Scolardi: Superman Pro
For $247 per month, you can enjoy additional features and access to an extensive base of knowledge that is provided by Superman himself, via Superman Pro. Superman Pro package. On top of the essentials featured in the Alerts plan, Superman Pro gives you weekly video lessonsthat include the growing collection of the previous ones. In addition you’ll also have an access to high-quality research papers and an IPO as well as earnings tracking tool.
Profit.ly Programs and Costs
If you’re ready to join the world of online trading and leave your mark on the field, Profit.ly has the right amount of resources to help you started. The platform has three membership tiers that cater to traders of different levels. Let’s look at what the three tiers are and how much they’ll cost you.
Novice Plan
This package for novices is Profit.ly’s entry-level plan designed especially for those who are new to the world of trading. As you sign up for this package, you will be immediately provided with a variety of powerful and vital trading tools, each of them integral in keeping your hands on what we can describe as a cutthroat process by itself.
The list of features you can do using Profit.ly’s Novice package include the ability to confirm the results of your trades and track profit and follow-up, leading, and even messaging your fellow traders, as well as providing feedback on trades today. You’re also allowed to get on leaderboards, analyze, sort, as well as filter trades and lastly, look at other’s stats.
The Novice plan costs $29.95 per month. Although it might look appealing for the price alone but there’s a disadvantage. You can’t create a private profile, which makes your actions public. If you’re interested in get an account with this option, stay tuned as we introduce to you Profit.ly’s next plan.
The Trader Plan
The Trader package lets you to use the majority of features available in the novice plan. It is in this plan that you can set up an account that is private for sharing with fellow associate users all the insights and information you have gained from trader’s community.
Priced at $49.95/month, Profit.ly’s Trader plan will do what the name implies catering to those who desire to improve their expertise in trading. Although it’s a nice thing but there’s one important feature that is missing. In contrast to the Novice package, this one won’t be able view other traders’ stats that could be a problem for those anticipating this level. Timothy Sykes Training Program
Pro Plan
The Pro plan is the highest expensive plan Profit.ly can offer to experienced traders. At $74.95 per month, and a 22% discount for billing annually This plan offers it all. You get full, no-holds-barred access to all options of the previous plans combined.
Not only do you get to see other users’ stats and data, but you also have the chance to create an individual 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 a plan that can serve you with everything you require as a skilled trader, maybe the Pro level is the right choice for you!
Profit.ly’s Other Services
Apart from the provided tools for training and Leaderboards Profit.ly has a few additional services that it can offer. One of those is its online store, where customers can choose from a wide array of videos created to guide you through the nuances and pitfalls of trading. All of the products featured on this page of the website can be purchased immediately for personal use. These include best-selling products like”Trading Tickers, “Trading Tickers” series from trading professional Tim Grittani, Timothy Sykes’s collection of DVDs and streaming-only content about penny stocking, short stocking, and all other related to trading, videos and footage 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 since you will see it on messaging and social platforms, as well as some specialty websites that offer live chat support. However, in Profit.ly, it is seen as a hands-on place where gurus 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 members there. One of them may be more laid back and not very often active, while another might be more interactive and online to their pupils. Think of the chatrooms as Profit.ly’s version of a 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 traders, from novices to the most experienced. Given the wide range of options it has to offer it is certain to have something for every person.
Beginners, for instance, can take advantage of Profit.ly’s knowledge-based content offered throughout the platform. Not only will they be enriched with weekly videos and chat room tips from its in-house gurus and members. Additionally, they can select from the products from its online store to carry with them wherever they may go. Additionally, they can gain practical experiences from trading within the platform, but ultimately they’ll realize that this is a high-stakes game that should not be viewed as a joke.
For the traders with years of exposure down the line, we see Profit.ly equally suited for them as it is for those who are just starting. Although the novices might not be as well-equipped with managing trading, the pros already understand how it works and the risky mix that it carries. It is ideal to utilize Profit.ly’s range of features to their full advantage to develop 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-together’ nature doesn’t just apply to newbies and semi-experienced traders. Verified experts can also join in the enjoyment! People in the trade industry who are on the same level as Superman and Tim Sykes can also use Profit.ly’s capabilities. Profit.ly’s abilities to show off their skills to others as a way to guide them through the ever-illustrious trading process. Timothy Sykes Training Program
Profit.ly’s Pros and Cons
The Pros
- Profit.ly’s many capabilities as a “one-stop’ stock trading platform enable traders across the globe with tons of learning tools, communication, and trading tools
- You get to be provided with excellent lessons and insights from its in-house gurus, including libraries of educational videos and trading in real-time.
- You’re guaranteed transparency throughout Profit.ly by using accurate data as well as other traders ready to call you when something goes wrong.
- The leaderboard feature of the platform offers you the opportunity to increase your reputation as a reliable and dependable trader
- Apart from its core capabilities, Profit.ly also gives its customers extra options that can be tailored to their individual preferences, for instance, posting unauthentic trades via photographs
- Profit.ly’s diverse range of subscription plans and guru packages are priced at reasonable prices There is truly something for every person
The Cons
- Profit.ly’s abundance of packages and services offered could seem overwhelming for the majority of its users
- If traders decide to make any type of trade, there is an opportunity that some them may take advantage by picking the most profitable trades to improve their ratings This could be a problem that shouldn’t be simply overlooked
- Profit.ly does not offer refunds, as its premium users are expected to immediately benefit from the many features the platform is able to provide
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The Final Verdict The Final Verdict: Is Profit.ly Valued?
If we were able to come up with an answer to this question, it would be a ‘yes’. But you need to understand that it shouldn’t be treated as a get-rich-quick scheme. The platform was not always designed to be used to achieve this goal. Instead, it is best to keep curiosity. Timothy Sykes Training Program
What we do mean”yes” is that it is a fantastic learning tool. For those who are struggling, they might be able to find Profit.ly’s range of resources to be helpful as they do their best to reduce losses and be more successful than before. Not only poor traders that can benefit from this platform. It will be able to accommodate beginners as well as even experts in the field!
If you truly want to become better at trading and wish to be taught by your mentors and peers on the way, you should look no further than Profit.ly. Profit.ly could be a good choice to start.
FAQ Timothy Sykes Training Program
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 that lets you record your trades, either verified or not. You may choose between three choices:
- Connecting your account to your brokerage of choice and then importing the trades from that directly
- Manually inputting your trades with specified spaces and information.
- 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 probability that it’s verifiable. This is shown by the blue check mark. If you submit it manually or through pictures, it will be classified as unverified.
The disadvantage of an unauthenticated trade is the possibility of receiving negative feedback from colleagues. A large number of downvotes could result in you appearing at the top of the Madoff leaderboard, which is where the public can detect who’s being untruthful in submitting trades.
Are the Profit.ly mobile app still in use?
At the time of writing, Profit.ly is still available for download on the Apple App Store and the Google Play store. The mobile app version works with all working smartphones and tablets.
How many are using Profit.ly?
Profit.ly currently houses over 150,000 investors and traders since they’re not just seeking to make the most profit but also help each other grow and learn more about acquiring stock market opportunities all over the world.
