The stock market can be an exciting game with high stakes. On certain days, you may be reaping the benefits of positive and satisfying numbers. 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 always in the mud You will need to recognize that relying on pure instinct and preservation may not always be enough.
If you’ve suffered loss from time to time, you’re gonna be needing solid advice from seasoned and tested trading experts. You’re also gonna need a significant boost from your trading partners from all over the globe, which is why we’ve identified an online platform that will help you in your improvement in the industry. In this review, we’ll take an in-depth look at Profit.ly A well-respected 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 True Review
The User’s Experience 4.5/5
Profit.ly can be described as an online platform for trading that allows traders of different levels to be knowledgeable and accountable, as well as transparent and to build relationships with each other by offering a wide range of features and tools such as chat rooms, trade verification, and an enriched library of educational content.
What is Profit.ly?
Profit.ly is a site for trading that functions as a training and learning platform for those new to trading and as a hub for traders who are experienced to monitor their performance with the help of sophisticated analytics tools. Offering users a broad variety of tools for communication and trade that help traders from all walks of life network with each other. It gives the gurus an opportunity to invest in the right areas of this platform. Consider it the social media equivalent to Facebook and Reddit but with a focus on experts and traders.
Profit.ly independently verifies trade performances and then publishes the information from them in the form of leaderboards. The platform for trading is built on transparency and honesty: it ensures that the trades are authentic and won’t allow for fraud as much as possible. It was established in the past by penny stock trade expert and investment expert Timothy Sykes, along with fellow expert Michael Mosseri.
One time , during an interview with Forbes magazine Sykes declared that Profit.ly was based “on showing all trades, something that was never previously done.” This idea Sykes said served two goals: 1.) keeping track of public data for not just the gurus and students and newsletter writers and secondly) allowing all users to learn from both the wins and losses for the trading industry’s benefit. Timothy Sykes True Review
How Does It Perform?
Profit.ly is a subscription-based platform that allows stock traders to benefit from a variety of tools and services that are geared towards achieving achievement. You may set up an account on the site for free, but you’re only limited to having the ability to navigate through the leaderboards and monitor the activities of non-gurus. If you’re ready to invest your money and see what stocks the experts are trading in real-time it is necessary to subscribe to any of Profit.ly’s deals that we’ll discuss in the near future.
Making an account easy: create an account with your experience and expertise, connect your brokerage account, and you’ll have a chance to shoot through at the very top of the list. Profit.ly’s Leaderboard function, which was previously mentioned it is designed to provide its users a look at how the community of traders performs as well as its experts. It’s not just a way to demonstrate value to a large group of traders. You can also utilize Profit.ly to buy with a professional with the assurance that you’re comfortable of their knowledge and the credibility of their claims.
If you’re not comfortable with the idea of divulging the details of your broker account then you could decide to share your trades, either verified or not, by taking pictures. Included in Profit.ly is the huge selection of trading classes as well as the ability to look at stats in a trader’s profile as well as other ways to interact with your experts through the chatroom along with 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 trading guru who is famously known for his involvement in the penny-stock market. According to Investopedia Penny stock is a small business’s stock which trades at less than $5 per share. The penny stock market can be seen as an opportunity for small companies to move to a market that is larger as they can access funds from the public. But don’t make the mistake of thinking that it’s also an extremely risky game, as Sykes will be able to tell you through his many years of expertise.
Since his initial beginnings at the end of his time in high school, Tim Sykes has, since then, made over $6 million of earnings throughout his illustrious career as a trader. At the age of 25 Sykes was given more exposure and a wider influence over time when he became part of the reality TV show “Wall Street Warriors.” Then, he took advantage of it to establish trading rooms as well as penny stock themes as well as educational content targeted 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 against each other on the platform.
The Profit.ly Gurus
One of Profit.ly’s most appealing features is the vast array of educational 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 proven to make substantial profits from their combined years of experience. Timothy Sykes True Review
At its height, Profit.ly had housed up to five gurus, all of them a pro in their field of expertise in the trading industry. Some of the most prominent experts included Connor Bruggermann, Nathan Michaud of Investors Underground, and Triforce, among a few others. As of this writing, however, 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 the packages each guru has to offer.
From Tim Sykes Tim Sykes
Sykes provides an essential stock trading service which focuses on penny-priced day trading with Tim’s Alerts. The cost is $74.95 monthly, you’ll be able to be able to see him concentrate on the fundamental catalysts for stocks and utilize them to forecast the next moves that could occur when trading.
A purchase on its own from Tim’s Alerts will get you access to the chatroom and the mobile application that is available on 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 per month, it is an ideal plan for those who are more involved in penny stock trading. Pennystocking Silver includes all the basic features of the previous plan, such as alerts for swing trading and access to a rich library of over 7,000 educational videos, with new ones released every week.
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From “Superman” Paul Scolardi: Superman Alerts
Scolardi, who goes by the alias “Superman,” is a swing trading professional with an eye for small-cap monumental stocks and crazy-accurate marketing forecasts. In the time since he began as a trader, Superman has amassed over $5.5 million in trading profits. Timothy Sykes True Review
The Superman Alerts plan is an offer of the most essential features and trading alerts targeted towards those who might be interested. For $147/month, you’ll get an access to the day-to-day premarket stock watchlist as well as the mobile app, daily market updates in real-time, as well as E-mail and SMS alerts.
In “Superman” Paul Scolardi: Superman Pro
For the price of $247, you receive additional features, as well as access to the extensive knowledge base that is provided by Superman himself through his Superman Pro package. On top of the essentials featured in the Alerts plan, Superman Pro gives you weekly video lessons, including the growing collection of other previous ones. Additionally, you’ll also get the ability to access premium reports on research and an IPO or earnings monitor.
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 tools to get you up and running. The platform has three membership tiers that are designed to accommodate traders at different levels. Let’s look at what the three levels are and what they’ll cost you.
The Novice package is Profit.ly’s entry-level plan designed especially for people who are brand new to the trading community. As you sign up for this plan you’ll be given a slew of robust and vital trading tools, all of them integral in keeping your hands on what we can describe as a cutthroat process in and of itself.
The list of features you can do with Profit.ly’s Novice package include the ability to confirm trades and track profits as well as leading, following and even chatting with your fellow traders, as well as providing feedback on trades today. It also allows you to be on leaderboards; analyze, sort, as well as filter trades and lastly, look at other people’s statistics.
The Novice plan costs $29.95 per monthly payment. While it may look attractive just by the price however, there’s a drawback. You aren’t able to create a personal profile, thus making your personal information public. If you’re interested in have access to this feature, you should keep an eye on us as we present to you Profit.ly’s next strategy.
The Trader package lets you to use many of the features of the Novice plan. This plan allows that you are able to create an account that is private to share with fellow associate users all your knowledge and intel in this trading group.
Costing $49.95/month, Profit.ly’s Trader plan will do what the name implies caters people who want to improve their skills in trading. While it’s nice, there is one significant aspect that’s not included. In contrast to the Novice package, this one won’t be able to see other traders’ statistics, which could be a disadvantage for some who may be looking forward to this tier. Timothy Sykes True Review
This is by far the highest expensive plan Profit.ly could offer for seasoned traders. At $74.95 per month, with 22% off for annual billing This plan offers everything. You will have full, unrestricted access to all features from the two previous plans.
Not only do you get to view other people’s stats and data, but you also have the opportunity to create your own private profile. Both of these features, on top of all the advantages you’ll be able to use to their fullest capacity. If you’re looking for an account that will give you everything you need as trader with experience, the Pro tier could be ideal for you!
Profit.ly’s Other Services
Apart from the trainer tools and leadersboards Profit.ly offers a number of other services they offer. One of them is the online store, where customers can select from a variety of videos that are designed to educate and guide you through the nuances and pitfalls of trading. All of the products featured on this page of the site can be immediately purchased for personal use. These include best-selling products such as”Trading Tickers, “Trading Tickers” series from trading professional Tim Grittani, Timothy Sykes’s library of DVDs and streaming-only content related to short stocking, penny stocking, and all other related to trading, videos and scenes taken from the Annual Pennystocking Conference, and items from other experts in trading.
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Chat rooms integrated into Profit.ly are also part of Profit.ly’s array of services and features. You are 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. But 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 in dealing with the members. Some may be a laid-back person who is not very often engaged, while another could be more active and in touch with their students. Think of chatrooms as Profit.ly’s version of the forum in essence.
Who is the ideal Trader for Profit.ly?
Profit.ly’s diverse range of products and features cater to the wide range of stock traders, from novices to experienced professionals. Considering the number of offers it can provide, the platform surely has something for everyone.
For instance, newbies will enjoy Profit.ly’s library of learning materials available across the platform. In addition, they will get daily videos and chat room tips from the in-house experts as well as their members. They’ll also be able pick from the merchandise available on its store online to carry with them wherever they may travel. Additionally, they can gain practical experiences from trading within the platform, however, they will soon learn that trading is a high stakes game that shouldn’t be treated as a joke.
For traders who have years of exposure down the road, we consider Profit.ly as equally as suitable to the newcomers. Although the novices might not be as proficient in handling trading matters but the experts already know how it works and the plethora of risks associated with it. It is ideal to utilize Profit.ly’s array of features to their full advantage to enhance their trading abilities. Like novices, they can study from the gurus and experts , and use those quick tips and tidbits throughout the process.
Profit.ly’s “all-in” approach does not only apply to beginners as well as semi-seasoned traders. Experts who have been verified can also participate in the fun! People in the trade industry who are on an equal level with Superman or Tim Sykes can also use the power of Profit.ly’s abilities to show off their expertise to other traders as a way to help guide them through the ever-illustrious trading process. Timothy Sykes True Review
Profit.ly’s Pros and Cons
- Profit.ly’s diverse capabilities as a ‘one-stop’ stock trading platform enable traders across the globe with an abundance of knowledge, communication, and trading tools
- You will be provided with excellent lessons and advice from the company’s in-house gurus, including collections of educational videos as well as trading in real-time.
- You’re assured of transparency throughout Profit.ly by using accurate data as well as fellow traders who are ready to reach you when something goes wrong.
- The platform’s leaderboard feature gives you the chance to establish your credibility as a trustworthy and authentic trader
- In addition to its primary abilities, Profit.ly also gives its customers extra options that can be tailored to their needs, like posting unauthentic trades via photographs
- Profit.ly’s wide array of packages and subscription levels are priced at a reasonable cost There’s something for every person
- Profit.ly’s numerous packages and services offered could seem overwhelming for the majority of its customers
- Since traders can choose to open any kind of trade, there’s an opportunity that some them will profit by selecting the best trades in order to boost their rating this could be a problem that shouldn’t be overlooked.
- Profit.ly will not allow refunds, as its premium users will immediately benefit from the many services the platform has to provide
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The Final Verdict is: Is Profit.ly Valued?
If we could think of an answer to this question, it would be yes. But it is important to realize that it shouldn’t be treated as a get-rich-quick scheme. The platform was not always intended to be created in this way. Instead, you should have curiosity. Timothy Sykes True Review
What we are referring to”yes” is it could be a useful learning tool. People who are stuck might discover Profit.ly’s range of resources useful as they do their best to incur lesser loss and perform better than they did before. It’s not only the struggling traders that will profit from the platform. It can accommodate beginners and even experts!
If you really care about being better at trading and wish to be taught by your fellows and gurus on the way, you should look no further than Profit.ly. Profit.ly may be a great option to begin.
FAQ Timothy Sykes True Review
How can you make use of Profit.ly to make your trades public?
Profit.ly has a trade entry portion within the ‘My Trade’ category of the dashboard which allows you to post your trades that are verified or otherwise. You may choose between three options:
- Linking your account with your brokerage of choice and importing transactions directly through there
- Manually entering your trades into specified spaces and information.
- Take a photo of your transactions
How do I know whether the trade can be verified or not?
If you purchase your trade through a reliable brokerage, there’s a high likelihood that it can be verified. This is shown by the small blue check. If you post the information manually or via screenshots, it will automatically be assigned as unverified.
The downside of having an unauthentic trade is the possibility of receiving negative feedback from fellow peers. If you receive too many negative votes, it could cause you to be listed on the Madoff leaderboard, where people can see who’s untruthful in submitting trades.
Are the Profit.ly mobile application still available?
As of this writing, Profit.ly is still available to download via the Apple App Store as well as the Google Play store. The mobile version of the app is compatible with most working smartphones and tablets.
How many are using Profit.ly?
Profit.ly is currently home to over 150,000 traders and investors, because they are not just looking to earn maximum profits but also help each other learn and improve in acquiring opportunities in the stock market all over the world.