The stock market can be an exciting game with high stakes. On some days, you could be reaping the benefits of positive and satisfying numbers. However, on other days it could be the reverse, and it may sometimes be very difficult to get back to the point you were at your best. If you find yourself always in the mud, you will have 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 solid advice from seasoned and tested trading experts. Also, you’ll need an enormous boost from your fellow traders from around the globe, which is why we’ve identified an option that can help you in your improvement in the market. This review will take an in-depth look at Profit.ly, a well-recognized 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 Tuition Fee
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 allows traders of various levels to be informative responsible, transparent, and uplifting with one another through its wide variety of tools and features such as chat rooms, trade verification as well as an extensive 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 new to trading and also as a platform for experienced traders to track their performance with the help of cutting-edge analytics tools. Providing users with a wide array of options to facilitate trade and communication, it helps traders from every field of business connect with one another. It offers gurus with worthy investments within the boundaries of the platform. Consider it an online social media platform similar the likes of Facebook and Reddit but with a focus on professionals 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 transparency and honesty: it makes sure that trades are valid and won’t allow for fraud as much as possible. It was created years ago by the penny stock trade expert and investment expert Timothy Sykes, along with the other expert Michael Mosseri.
One time , during an appearance in Forbes magazine Sykes said that Profit.ly was motivated by its focus “on the transparency of every trade, something that was never done before.” The concept Sykes said served two goals: 1.) creating public track records for all traders, not just the gurus, but also the newsletter authors and students and secondly) giving everyone on the platform to be enlightened by both the wins and losses for the trading industry’s benefit. Timothy Sykes Tuition Fee
How Does It How Does It
Profit.ly utilizes a subscription model that allows stock traders to have access to a range of tools and services that are geared towards achieving success. It is possible to create an account there at no cost, however you’re limited to access to 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 subscribe to any of Profit.ly’s deals that we’ll review in the coming days.
Making an account simple: Create an account that includes your personal information and skills, join to your brokerage account and you have yourself an opportunity to make your way to at the very top of the list. Profit.ly’s leaderboard feature, as mentioned previously was designed to offer its users an insight into the performance of the trading community as well as its experts. It’s not only a chance to demonstrate value to a group of traders, as you can also utilize Profit.ly to buy from a guru with the confidence that you are confident of their knowledge and the credibility of their claims.
If you’re not comfortable with the idea of sharing the details of your broker account then you could opt to post your trades, whether verified or not, by taking photographs. Included in Profit.ly are the vast number of courses in trading and the capability to see the stats of a trader’s account and other methods to interact with your experts through the chatroom as well as text and e-mail alerts and updates.
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Meet the Founder: Tim Sykes
Timothy Sykes is a well-renowned day trading guru who is well-known for his involvement in penny stock trading. According to Investopedia Penny stock is a small business’s shares that trade for less than $5 per share. Penny stock trading could be viewed as an avenue for small businesses to transition into a larger market because they can access capital 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 thanks to his years of expertise.
Beginning in the latter years of the high schools, Tim Sykes has, since then, earned more than $6 million in profit during his long and successful career as trader. At 25 years old Tim Sykes had received more exposure and a wider reach of influence when he was a part of the reality series “Wall Street Warriors.” He then took advantage of it to create trading rooms and penny stock themes as well as educational content targeted at those who are new to trading. He also helped to establish Profit.ly as a place for transparency and for the community to uplift and compete against each other on the platform.
The Profit.ly Gurus
One of Profit.ly’s sweet inclusions is the variety of learning tools, trade alerts and other helpful stuff provided by the platform’s in-house gurus. The gurus in question refer to the trading experts who have proven to make significant amounts of profit from their combined years of experience. Timothy Sykes Tuition Fee
At its height, Profit.ly had housed up to five gurus, all of them a pro in their niche in the trading industry. Some of the most prominent experts were 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. With that taken into consideration, let’s take a look at what packaged deals each guru has to offer.
From Tim Sykes: Tim’s Alerts
Sykes offers basic stock trading services that focuses on penny stock day trading through Tim’s Alerts. At $74.95 per month, you will see him focus on the fundamental stock catalysts and use them to forecast the next move that is possible 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 as well as Android devices; text, e-mail and push alerts; as well as a daily watchlist of stocks.
from Tim Sykes: The Pennystocking Silver Package
Pennystocking Silver is the premium version, with an upgraded version of Tim’s Alerts package. Priced at $149.95 monthly, this is an ideal plan for those who are invested in investing in penny stocks. Pennystocking Silver comes with all the standard features of the previous plan, such as alerts for swing trading and access to a rich library of more than 7,000 instructional videos that are updated every week.
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From “Superman” Paul Scolardi: Superman Alerts
Scolardi who is known under the name “Superman,” is a professional in swing trading with an eye for both small-cap monumental stocks and crazy-accurate marketing forecasts. Since when he first started trading, Superman has amassed over $5.5 million in trading profits. Timothy Sykes Tuition Fee
The Superman Alerts package is his offering of essential features and trading alerts geared towards those who might be interested. For just $147 per month, you’ll have access to the daily stock watchlist that is premarket as well as the mobile app, daily market commentary shown in real-time, and E-mail and SMS alerts.
From “Superman” Paul Scolardi: Superman Pro
At $247/month, you get additional features, plus access to a knowledgeable base of information provided by Superman himself via Superman Pro. Superman Pro package. Alongside the standard features included in the Alerts plan, Superman Pro gives you daily video lessons, which include a growing library of all the previous ones. In addition, you’ll also get an access to high-quality research papers and the IPO and earnings tracker.
Profit.ly Plans and Costs
If you’re looking to join the trading community on the internet and leave a mark in the market, Profit.ly has the right amount of resources to get you started. The platform offers three membership levels that cater to traders of different levels. Let’s take a look at what these three tiers are and how much they will cost you.
Novice Plan
This package for novices is Profit.ly’s beginning-of-the-line plan specifically for people who are brand new to the trading community. When you sign up for this package, you will be immediately offered a range of strong and vital trading tools, each of which is essential to keep your hands on what we can describe as a cutthroat process in and of itself.
Among the list of things you can accomplish with Profit.ly’s Novice package is the ability to verify 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. It also allows you to be onto leaderboards; study, sort, or filter the trades you make and, lastly, view the statistics of other traders.
The Novice plan costs $29.95 per monthly payment. Although it might look appealing simply because of the price however, there’s a drawback. You aren’t able to create a personal profile, thus making your actions public. If you’re looking to have the benefit of this service, you should keep an eye on us as we present to you Profit.ly’s new plan.
The Trader Plan
The Trader package allows you to use the majority of features available in the Novice plan. This plan allows that you can set up an account that is private for sharing with fellow associate users all your knowledge and knowledge you gain from this trading group.
Costing $49.95/month, Profit.ly’s Trader plan will do what the name implies caters for those looking to develop their trading skills. While it’s nice but there’s one important element that’s missing. In contrast to the Novice package, you will not be able to see other traders’ statistics, which could be a problem for those who are looking forward to this tier. Timothy Sykes Tuition Fee
Pro Plan
This is by far the most luxurious package Profit.ly offers to experienced traders. At $74.95 per month, and a 22% discount when billed annually the Pro plan has it all. You get full, no-holds-barred access to all the options of the previous plans combined.
Not only do you get to view other people’s stats, but you’re also given the opportunity to create a private profile. These two features are on top of all the advantages you’ll be able to use to the fullest potential. If you’re in search of an option that gives all the features you need to be a skilled trader, maybe the Pro level is for you!
Profit.ly’s Other Services
In addition to the training tools and the Leaderboards Profit.ly has a few other services they provide. One of these is its online store, which allows users to choose from a wide array of videos designed to inform and guide you through the nuances and pitfalls of trading. Each of the offerings listed on this page of the site can be bought immediately for your personal use. These include best-selling products such as”Trading Tickers, “Trading Tickers” series from trading expert Tim Grittani, Timothy Sykes’s collection of DVDs and streaming-only content related to short stocking, penny stocking, and all other related to trading, videos and footage from 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 features and services. You may be familiar with the concept of the chat room as you will see it on social and messaging platforms, as well as some specialty websites that offer live chat assistance. However, in Profit.ly, it is seen as a hands-on space where experts and their members can interact and exchange knowledge in real-time. Every guru has their own way in running their chat rooms and in dealing with the members. One of them may be laid back and less active, while another might be more interactive and online with their students. Think of chat rooms as Profit.ly’s version of a forum, in the essence.
Who is the ideal Trader for Profit.ly?
Profit.ly’s variety of offerings and features cater to an array of stock trader types, from beginners to experienced pros. Considering the number of offers it offers it is certain to have something for every person.
Newbies, for instance, will appreciate Profit.ly’s library of learning materials available across the platform. Not only will they be enriched with weekly videos and chat room advice from the in-house experts and their members. They’ll also be able to 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, but ultimately they’ll be able to realize that trading is a high-stakes game that should not be viewed as an amusing pastime.
For traders who have years of exposure down the line, we see Profit.ly equally suitable to the newcomers. While novice traders may not be as proficient in managing trading however, experienced traders know how it works and the stack full of risks that it carries. It is ideal to use Profit.ly’s array of features to their best advantage to improve their trading abilities. Like novices, they can learn from the experts and experts and utilize those short tips and tricks along the way.
Profit.ly’s “all-inclusive” nature isn’t limited to novices or semi-experienced trader. 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 the power of Profit.ly’s capabilities to showcase their skills to others as a way to help guide them through the ever-illustrious trading process. Timothy Sykes Tuition Fee
Profit.ly’s Pros and Cons
The Pros
- Profit.ly’s many capabilities as a “one-stop” platform for trading stocks allows traders from all over the world with a wealth of education tools, communication, and trading tools
- You’ll receive excellent training and tips from the inside experts, as well as collections of educational videos as well as live trading activity.
- You’re guaranteed transparency throughout Profit.ly by using accurate data and fellow traders that are waiting to reach you out if something occurs.
- The leaderboard feature of the platform offers you the chance to establish your credibility as a trustworthy and verifiable trader
- In addition to its primary capabilities, Profit.ly also gives its customers additional options to meet their individual preferences, for instance, posting trades that are not authentic by taking screenshots
- Profit.ly’s diverse range of subscription levels and guru packages are priced at a reasonable cost – there truly is something for everyone
The Cons
- Profit.ly’s numerous packages and services offered could be too much for the majority of its customers
- As traders may opt to open any kind of trade, there’s an opportunity that some them may take advantage by picking the most profitable trades to increase the rating – this may be a risk that shouldn’t be overlooked.
- Profit.ly does not accept refunds because its premium users will immediately benefit from the number of services that the platform can offer
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The Final Verdict The Final Verdict: Is Profit.ly worth it?
If we could come up with an answer to this question, it’s yes. But it is important to realize that the platform should not be used as a scheme to get rich quick. It wasn’t meant to be designed for this reason. Instead, you need to have curiosity. Timothy Sykes Tuition Fee
What we are referring to by ‘yes’ is that it is a fantastic learning tool. For those who are struggling, they might find Profit.ly’s range of resources helpful in their efforts to incur lesser losses and perform better than before. It’s not only the poor traders that can benefit from the platform. It can accommodate beginners and even experts!
So, if you genuinely desire to be a better trader and want to be taught by your fellows and gurus on the way, take a look at Profit.ly. Profit.ly is a fantastic choice to start.
FAQ Timothy Sykes Tuition Fee
How do you use Profit.ly to post your trades?
Profit.ly has a trade entry portion under the “My Trade category on the dashboard that allows you to post your trades that are verified or not. There are three choices:
- Connecting your account to your broker of choice and import the trades from that directly
- Manually entering your trades using provided spaces and specifics
- Upload a screenshot of your trades
How can I tell if the trade is verifiable or not?
If you import your trade from a reputable brokerage, there’s a high likelihood that it can be verified. This is shown by the blue check mark. If you submit it in a manual way or by taking images, it will be classified as unverified.
The disadvantage of an unauthentic trade is the chance of getting downvotes from your colleagues. Too many downvotes may result in you appearing at the top of the Madoff leaderboard, where users can see who’s dishonest in posting trades.
Are the Profit.ly mobile app still in use?
As of this writing, Profit.ly is still available for download on the App Store for Apple and the Google Play store. The mobile version of the app is compatible with most operating tablets and smartphones.
How many people are currently using Profit.ly?
Profit.ly currently houses over 150,000 investors and traders as they not only are seeking to make the most profit but also assist each other to grow and learn more about acquiring opportunities in the stock market both right and left.
