The stock market can be an extremely risky game. On certain days, you may be reaping the benefits of pleasing and positive numbers. On other days, the opposite may happen, and it may sometimes be very difficult to get back to where you were your peak. If you’re immersed in the water You will need to recognize that relying on your instincts and preserving is not always enough.
If you’ve suffered losses from time to time and you’re likely to require reliable advice from tested and tried trading experts. Additionally, you’ll require a significant boost from your fellow traders from around the globe. That’s why we’ve found an online platform that will help you to improve your performance within the field. In this review, we’ll take the time to look at Profit.ly A well-respected 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 Trxc
Value: 4.1/5
Quality: 4.1/5
Costs: 4.1/5
Users Experience 4.5/5
Summary
Profit.ly offers an internet-based trading service that permits traders of various levels to be informative responsible, transparent, and encouraging each other by offering a wide variety of tools and features including trade verification, chat rooms and a rich library of educational material.
What 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 experienced traders to track their performance with the help of advanced analytics tools. Providing users with a wide array of options for communication and trade and letting traders from all walks of life network with each other. It gives the gurus an opportunity to invest in the right areas that the site. Consider it an online social media platform similar like Facebook and Reddit, but for traders and experts.
Profit.ly independently validates trade performance and publishes all data of them in the manner of leaderboards. The platform for trading is built on honesty and transparency: it makes sure that transactions are legitimate and will not accept fake news as long as possible. It was established many years ago by penny expert in stock trading and investment guru Timothy Sykes, along with his colleague Michael Mosseri.
One time during his interview with Forbes magazine Sykes declared that Profit.ly was driven by its focus “on showing all trades, something that has never been prior to.” The concept Sykes said served two purposes: 1) creating public track records for everyone, not just the experts and newsletter authors and students as well as) allowing anyone on the platform to be enlightened by the losses and wins to benefit the industry of trading. Timothy Sykes Trxc
How Does It How Does It
Profit.ly utilizes a subscription model which allows stock traders to gain access to a multitude of services and features geared towards achieving achievement. You can create an account there at no cost, however you’re limited to the capability to browse the leaderboard and observe the actions of non-gurus. If you’re ready to invest your money to see what stocks the experts are trading in real time You’ll need to sign up to one of Profit.ly’s deals, which we will review in the coming days.
Making an account simple: Create a profile with your experiences and skills, join to your brokerage account and you have yourself the chance to climb your way to the top of the leaderboard. Profit.ly’s Leaderboard function, which was mentioned previously was designed to offer its users an insight into the performance of the trading community and its gurus. It’s not just a way to demonstrate value to a group of traders, but you can also use Profit.ly to shop with a professional with the confidence that you are confident of their knowledge and the veracity of their assertions.
If you are unsure about the idea of sharing your brokerage account, you can choose to publish your trades, whether verified or otherwise, through pictures. In Profit.ly are a variety of trading classes, the ability to view stats in a trader’s profile as well as other ways to communicate with your gurus through the chatroom as well as email and text alerts as well as updates.
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Meet Tim Sykes, the founder: Tim Sykes
Timothy Sykes is a well-renowned day trading personality who is well-known for his involvement in the penny-stock market. According to Investopedia Penny stock refers to a small company’s stock that trades for just less than 5 cents per share. The penny stock market could be viewed as an opportunity for small companies to move into a larger market because it allows them to access capital from the public. But don’t make the mistake of thinking that it’s also an extremely risky activity, as Sykes will be able to tell you because of his decades of expertise.
Beginning in his late years in the high schools, Tim Sykes has, since then, earned more than $6 million in profit throughout his illustrious career as trading professional. At 25 years old Sykes was given greater exposure and a larger reach of influence when he became part of the reality series “Wall Street Warriors.” He then took advantage of it to create trading rooms and penny stock themes and educational material aimed at those who are new to trading. He also played a role in establishing Profit.ly as a platform for transparency and to allow the community to rise and compete with each other through the platform.
The Profit.ly Gurus
One of Profit.ly’s most appealing features is the wide range of education resources, trade alerts, and other useful stuff offered by the platform’s in-house gurus. Gurus are referred to experts in the field of trading who have earned substantial profits from their collective years of knowledge. Timothy Sykes Trxc
At its height, 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 most prominent experts included Connor Bruggermann, Nathan Michaud of Investors Underground, and Triforce among others. As of this writing, however, only two gurus remain on the platform: Founder of the penny stock market Tim Sykes and veteran smallcap swing trader Paul Scolardi, also known as Superman. When we take that into account Let’s look at what packaged deals each guru offers.
From Tim Sykes Tim Sykes
Sykes offers basic stock trading services that focuses on penny stock day trading through Tim’s Alerts. The cost is $74.95 monthly, you’ll be able to observe him focus on fundamental stock catalysts and use them to anticipate the next move that is possible when making trades.
A single purchase of Tim’s Alerts will get you access to the chatroom, as well as the mobile app that’s available for iOS and Android devices, as well as email, text and push alerts as well as a daily watchlist of stocks.
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 an ideal plan for those who are invested in the penny-stock market. Pennystocking Silver includes all the basic features that were included in prior plans, such as swing trading alerts and unlimited access to a library of more than 7,000 instructional videos and new videos released every week.
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In “Superman” Paul Scolardi: Superman Alerts
Scolardi who is known under the name “Superman,” is a trader who has an eye for 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 trading earnings. Timothy Sykes Trxc
The Superman Alerts package is his offer of the most essential features and trading alerts targeted towards those who might be interested. For $147 per month, you’ll gain access to the daily premarket stock watchlist and the mobile app, daily market commentary in real-time, as well as E-mail and SMS alerts.
The film “Superman” Paul Scolardi: Superman Pro
For the price of $247, you receive additional features and access to the extensive knowledge base provided by Superman himself, via Superman Pro. Superman Pro package. Alongside the standard features that are included in the Alerts plan, Superman Pro gives you weekly video lessons, including the growing collection of other previous ones. On top of that, you’ll also get access to premium research reports as well as the IPO as well as earnings tracking tool.
Profit.ly plans and costs
If you’re looking to join the online trading community and make a mark on the market, Profit.ly has the right amount of tools to get you started. Profit.ly offers three membership tiers that are designed to accommodate traders at different levels. Let’s look at what the three tiers are and how much they will cost you.
Novice Plan
This package for novices is Profit.ly’s entry-level plan designed especially for those who are new to the trading community. As you sign to this plan you’ll be provided with a variety of powerful and indispensable trading tools, each of which is essential to keep your fingers on what could call a ruthless 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 as well as leading, following and even chatting with other traders; and giving feedback on the trades of today. You’re also allowed to get on leaderboards, analyze your trades, sort or filter the trades you make and lastly, look at the statistics of other traders.
The Novice plan will cost $29.95 per monthly payment. While it may look attractive simply because of the price, there is a downside. You aren’t able to create a personal profile, thus making your activities publicly available. If you’re interested in gain the benefit of this service, you should keep an eye on us as we present to you Profit.ly’s new plan.
Trader Plan
The Trader plan allows users to benefit from the majority of features available in the novice plan. It is in this plan that you can set up a private profile for sharing with fellow associates all your insights and information you have gained from the trading community.
Costing $49.95/month, Profit.ly’s Trader plan will do what the name implies catering for those looking to harness their skills in trading. As nice as it seems however, there’s a crucial feature that is 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 anticipating this level. Timothy Sykes Trxc
Pro Plan
This is by far the most luxurious package Profit.ly could offer for seasoned traders. It costs $74.95 per month, with an additional 22% discount when billed annually This plan offers everything. You will have full, unrestricted access to all features from the two previous plans combined.
In addition, you’ll be able to see other users’ stats and data, but you also have the chance to create a private profile. These two features are on top of all the advantages that you can utilize to the maximum extent. If you’re in search of an account that will give you everything you need 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 other services they provide. One of them is the online store, where customers can select from a variety of instructional videos that are that are designed to educate and guide you through the nuances and pitfalls 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 such as”Trading Tickers, “Trading Tickers” series by trading expert Tim Grittani, Timothy Sykes’s collection of DVDs and streaming-only content about short stocking, penny stocking, and all other things trading-related, clips and clips taken from events like the Annual Pennystocking Conference, and products from other expert traders.
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The chat rooms that are integrated are included in Profit.ly’s range of services and features. You’re probably familiar with the concept of chat rooms since you can see it across social and messaging platforms as well as some specialty websites that provide live chat assistance. But in Profit.ly, it is seen as a place where gurus and their members trade and share knowledge in real-time. Every guru has their own style in operating their chat room and dealing with the listed members there. One of them may be more laid back and rarely engaged, while another could be more active and in touch to their pupils. Think of chat rooms like Profit.ly’s version of the forum in the essence.
Who is the Ideal trader to Profit.ly?
Profit.ly’s variety of offerings and features caters to a large variety of stock traders, from beginners to experienced pros. With the variety of deals it can provide it is certain to have something for all.
For instance, newbies can take advantage of Profit.ly’s library of learning information available on the platform. Not only will they be enriched with weekly videos and chat room tips from the in-house experts and their members. Additionally, they can choose from the items from its online store that they can take with them wherever they go. Additionally, they can gain practical experiences by trading through the platform, however they’ll be able to realize that the process is a risky game that should not be viewed as a joke.
For the traders with many years of experience down the line, we see Profit.ly equally suited to people who are just beginning. While novice traders may not be as well-equipped with managing trading but the experts already know the way it functions and the risky mix that it carries. Ideally, they may utilize Profit.ly’s range of features to their best advantage to develop their skills in trading. Like novices, they can learn from the top experts as well as experts, and take advantage of quick tips and tidbits along the way.
Profit.ly’s “all-inclusive” nature doesn’t just apply to newbies or semi-experienced trader. Certified experts can also take part in the excitement! Those in the trading industry who are on the same level as Superman or Tim Sykes can also use the power of Profit.ly’s capabilities to display their skill to others in order to guide them through the ever-illustrious trading process. Timothy Sykes Trxc
Profit.ly’s Pros and Pros and
The Pros
- Profit.ly’s many capabilities as a ‘one-stop’ stock trading platform allows traders from all over the world with tons of learning communications, trading, and communication tools
- You get to be taught by experts and advice from the company’s in-house gurus, including libraries of educational videos and trading in real-time.
- You can be sure of complete transparency through Profit.ly with accurate analytics as well as fellow traders ready to call you out if something occurs.
- The leaderboard feature of the platform offers you the opportunity to increase your reputation as a reliable and verifiable trader
- Apart from its core abilities, Profit.ly also gives its users extra options to suit 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 truly is something for everyone
The Cons
- Profit.ly’s abundance of packages and services offered could be too much for most of its users
- If traders decide to make any type of trade, there is an opportunity that some them could profit from cherry-picking the best trades to improve their ratings – this may be a concern that should not be overlooked.
- Profit.ly does not offer refunds as the premium customers are expected to instantly benefit from the many services that the platform can provide
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The Final Concluding Question: Is Profit.ly Valued?
If we were able to come up with an answer to this question, it would be yes. However, you must realize that it shouldn’t be treated as a scheme to get rich quick. The platform was not always meant to be designed for this reason. Instead, you need to have the ability to think with an open heart. Timothy Sykes Trxc
What we are referring to”yes” is it could be a useful learning tool. For those who are struggling, they could find Profit.ly’s array of resources to be helpful when they try their best to avoid losses and be more successful than they did before. It’s not only the struggling traders that will benefit from the platform. It will be able to accommodate beginners as well as even experts in the field!
If you truly care about being better at trading and wish to learn from your mentors and peers throughout the process, then take a look at Profit.ly. Profit.ly could be a good alternative to start.
FAQ Timothy Sykes Trxc
How can you make use of Profit.ly to publish your trades?
Profit.ly includes a trade entry portion within the My Trade category on the dashboard that lets you post your trades, verifiable or not. There are three options:
- Linking your account to the broker of choice and import transactions directly through there
- Manually inputting your trades with the spaces provided and details
- Send a screen shot of your transactions
How do I know whether the trade can be verified or not?
If you buy your trade through a reliable brokerage, there’s a high chance that it is verifiable. This is evident by the blue check mark. If you post it in a manual way or by taking screenshots, it will automatically be assigned as unverified.
The downside of having an unauthentic trade is the possibility of receiving negative feedback from friends and colleagues. If you receive too many negative votes, it could cause you to show up at the top of the Madoff leaderboard, which is where the public can detect who’s being fraudulent in posting trades.
Is the Profit.ly mobile application still available?
As of the moment, Profit.ly is still available for download on the Apple App Store as well as on the Google Play store. The mobile version of the app is compatible with the majority of working smartphones and tablets.
How many people are currently connected to Profit.ly?
Profit.ly currently houses over 150,000 traders and investors, since they’re not just looking to earn maximum profits but also help each other grow and learn more about acquiring opportunities in the stock market both right and left.
