The stock market can be a high-stakes game. On some days, you may be reaping the benefits of positive and satisfactory numbers. On other days, however it could be the reverse, 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 have to recognize that relying on your instincts and preserving may not always be enough.
If you’ve been incurring loss from time to time and you’re likely to require solid advice from seasoned and tested trading experts. Also, you’ll need a significant boost from your trading partners from all over the globe, which is why we’ve discovered a platform that can support you to improve your performance within the field. We’ll take the time to look at Profit.ly is a well-known single-stop social platform to trade!
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 Until Christmas
User Experience: 4.5/5
Profit.ly is an online trading platform that permits traders of different levels to be knowledgeable and accountable, as well as transparent and to build relationships with each other by offering a wide variety of tools and features such as chat rooms, trade verification as well as an extensive library of educational content.
What is Profit.ly?
Profit.ly is a site for trading that functions as a training and learning platform for people who are just beginning their journey and as a hub for traders who are experienced to monitor their performance using the aid of sophisticated analytics tools. It provides users with a vast array of options for trade and communication that help traders from every field of business connect with each other. It offers gurus with an opportunity to invest in the right areas of this platform. Think of it as an online social media platform similar like Facebook and Reddit but with a focus on professionals and traders.
Profit.ly independently validates trade performance and publishes all data 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 accept fake news as long as is humanly possible. It was established many years ago by penny stock trade expert and investment expert Timothy Sykes, along with fellow expert Michael Mosseri.
In an appearance in Forbes magazine, Sykes said that Profit.ly was motivated by its focus “on the transparency of every trade, something that has never been previously done.” The concept was, he said, serving two goals: 1.) making public records for not just the gurus as well as newsletter writers and students and secondly) giving everyone on the platform to be enlightened by both losses and wins to benefit the industry of trading. Timothy Sykes Until Christmas
How Does It Work?
Profit.ly follows a subscription-based model that allows stock traders to have access to a range of tools and services that are geared toward achievement. You can create an account 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 interested in investing your money in order to find out which stocks the gurus are trading in real-time it is necessary to subscribe to any of Profit.ly’s offerings, which we will review in the coming days.
The process of opening an account is simple: Create an account that includes your personal information and knowledge, then connect your brokerage account, and you’ll have a chance to shoot your way to at the very top of the list. Profit.ly’s leaderboard feature, as previously mentioned it is designed to provide its users a look at the performance of the trading community and its experts. It’s not just a way to show value to a community of traders, but you can also utilize Profit.ly to buy with a guru, and have the assurance that you’re confident in their skills and the credibility of their claims.
If you are unsure about the idea of divulging the details of your broker account you may choose to publish your trades, verified or not, via pictures. In Profit.ly is the huge selection of trading courses and the capability to see the stats of a trader’s account, and more ways to connect with your gurus through the chatroom in addition to 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 guru who has been famously known for his involvement in penny stock trading. According to Investopedia, a penny stock refers to a small-sized company’s shares that trade for under $5 for each share. The trading of penny stocks can be seen as an avenue for small businesses to transition to a large marketplace as they can access funds from the general public. But don’t make the mistake of thinking that it can also be an extremely risky game, as Sykes will be able to tell you through his many years of expertise.
Since his initial beginnings in the latter years of High School, Tim Sykes has, since then, made an estimated $6 million profits through his lengthy career as trader. At 25 years old, he had been given greater exposure and a larger influence over time as a participant in the reality TV show “Wall Street Warriors.” He made use of the show to establish trading rooms, penny stock themes, as well as educational content targeted at those who are just beginning to learn about the trading field. He also helped establish Profit.ly as a place for 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 wide range of educational tools, trade alerts and other useful stuff offered by the company’s internal gurus. These gurus refer to the experts in trading who have earned significant amounts of profit through their years of experience. Timothy Sykes Until Christmas
At its peak, Profit.ly had housed up to five gurus, all of them a professional in their field of expertise within the world of trading. Some of the most prominent gurus 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. In light of that Let’s look at the packaged offers each guru can offer.
From Tim Sykes Tim Sykes
Sykes provides a basic stock trading service which focuses on penny-priced day trading with Tim’s Alerts. Costing $74.95 for a month you will observe him focus on fundamental catalysts for stocks and utilize them to anticipate the next moves that could occur when trading.
A purchase on its own 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.
Tim Sykes: From Tim Sykes: The Pennystocking Silver Package
Pennystocking Silver is the most premium version that has been upgraded of the Tim’s Alerts program. At $149.95 monthly, it is a great option for those who are more invested in the penny-stock market. Pennystocking Silver comes with all the standard features of prior plans, which includes swing trading alerts and unlimited access to an extensive library of over 7,000 educational videos that are updated each week.
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In “Superman” Paul Scolardi: Superman Alerts
Scolardi who goes under the alias “Superman,” is a swing trading professional with an eye for small-cap monumental stocks and crazy-accurate marketing forecasts. Since when he first started trading, Superman has amassed over $5.5 million in total trading profits. Timothy Sykes Until Christmas
The Superman Alerts plan is his offering of essential features and alerts on trading geared towards those who might be interested. For $147 per month, you’ll gain access to the daily stock watchlist that is premarket and the mobile app, the daily market commentary shown in real time, and email and SMS alerts.
The film “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 his Superman Pro package. In addition to the basic features included in the Alerts package, Superman Pro gives you weekly video lessonsthat include an ever-growing library of the previous ones. On top of that you’ll also gain an access to high-quality research papers and an IPO as well as earnings tracking tool.
Profit.ly Programs and Costs
If you’re looking to join the trading community on the internet and leave your mark on the industry, Profit.ly has the right amount of resources to help you up and running. Profit.ly offers three membership tiers, each designed for traders with different levels. Let’s break down what these three levels are and what they will cost you.
The package called Novice is Profit.ly’s basic plan that is designed specifically for those who are new to the trading world. As you sign up for this plan, you will be immediately given a slew of robust and essential trading tools, each of them integral in keeping your fingers on what call a competitive procedure in its own.
Some of the features you can accomplish with Profit.ly’s Novice package include the capability to check trades and track profits as well as leading, following and even texting your fellow traders; and providing feedback on trades today. It also allows you to be on leaderboards, analyze the results of your analysis, sort, as well as filter trades; and, finally, see the statistics of other traders.
The Novice plan costs $29.95 per month. Although it might look appealing for the price alone, there is a downside. It isn’t possible to create a private account, making your personal information public. If you’re looking to get access to this feature, stay tuned as we introduce to you Profit.ly’s next strategy.
The Trader Plan
The Trader plan allows you to use a majority of features from the Novice plan. This plan allows that you are able to create a private profile to share with fellow associate users all the insights and knowledge you gain from trader’s community.
Priced at $49.95/month, Profit.ly’s Trader plan does what the name suggests catering for those looking to harness their expertise in trading. While it’s nice, there is one significant element that’s missing. In contrast to the Novice package, you won’t be able view other traders’ statistics that could be a disadvantage for those who are anticipating this level. Timothy Sykes Until Christmas
The Pro plan is the most expensive plan Profit.ly could offer for seasoned traders. It costs $74.95 each month and an additional 22% discount when billed annually, this tier has it all. You get full, no-holds-barred access to all options of the prior plans.
You’re not only able to view other people’s stats as well, you’re also offered the chance to create a private profile. These two features are in addition to the advantages that you can utilize to the fullest potential. If you’re looking for an account that will give all the features you need to be an experienced trader, the Pro plan is the right choice for you!
Profit.ly’s Other Services
Apart from the provided training tools and the leaderboards, Profit.ly has a few additional services that it can offer. One of them is the online store, which allows users to 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 immediately purchased for personal use. Some of these include bestsellers like the “Trading Tickers” series by trader professional Tim Grittani, Timothy Sykes’s collection of DVDs, streaming-only content about short stocking, penny stocking, as well as all aspects of trading. There are also clips and scenes of events like the Annual Pennystocking Conference, and products from other expert traders.
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The chat rooms that are integrated are also part of Profit.ly’s variety of services and features. You are probably familiar with the chat room since you will see it on messaging and social platforms, and also on a few specialty websites that offer live chat support. But in Profit.ly, it is seen as a area where experts and members can interact and share knowledge in real-time. Every guru has their own style in operating their chat room and in dealing with the members. One of them may be a laid-back person who is rarely engaged, while another could be more interactive and online to their pupils. Think of the chat rooms as Profit.ly’s version of a forum, in its essence.
Who is the ideal trader to Profit.ly?
Profit.ly’s diverse range of products and features cater to a large variety of stock traders, from novices to experienced professionals. With the variety of deals it offers, the platform surely has something for everyone.
Beginners, for instance, will appreciate Profit.ly’s knowledge-based materials available across the platform. They will also be enriched with weekly videos and chat room advice by its internal gurus as well as their members. They’ll also be able to pick from the merchandise available in its online store that they can take with them wherever they may go. You can also get hands-on experience trading on the platform, but ultimately, they will soon learn that the process is a high stakes game that shouldn’t be taken as a joke.
For the traders with decades of experience in the line, we see Profit.ly equally suited to those who are just starting. While the newbies may not be as proficient in dealing with trading issues, the pros already understand how it works along with the plethora of risks associated with it. It is ideal to utilize Profit.ly’s range of features to their best advantage to enhance their trading skills. Like beginners, they can learn from the experts and experts , and use those simple tips and hints throughout the process.
Profit.ly’s “all-in” approach does not only apply to beginners and semi-experienced traders. Experts who have been verified can also participate in the enjoyment! Trade professionals who are at an equal level with Superman as well as Tim Sykes can also use the power of Profit.ly’s abilities to show off their skill to others as a way to assist them in the ever-changing trading process. Timothy Sykes Until Christmas
Profit.ly’s Pros and Pros and
- Profit.ly’s many capabilities as a “one-stop” stock trading platform allows it to provide traders everywhere with an abundance of knowledge, communication, and trading tools
- You’ll be provided with excellent lessons and insights from its inside experts, as well as video libraries that teach you how to learn and live trading activity.
- You’re assured of transparency throughout Profit.ly with accurate analytics as well as other traders that are waiting to reach you out whenever something happens
- The leaderboard feature on the platform gives you a way to build your credibility as a trustworthy and verifiable trader
- Apart from its core abilities, Profit.ly also gives its customers additional options to meet their individual preferences, for instance, posting unauthentic trades via screenshots
- Profit.ly’s diverse range of subscription levels and guru packages are priced at reasonable prices – there truly is something for every person
- Profit.ly’s abundance of packages and products offered may seem overwhelming for most of its users
- Since traders can choose to post any kind of trade, there is the possibility that some of them could profit from cherry-picking the best trades to boost their rating this could be a risk that shouldn’t be ignored.
- Profit.ly does not offer refunds because the premium customers will immediately benefit from the number of services that the platform can provide
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The Final Concluding Question is: Is Profit.ly Valued?
If we were able to come up with an appropriate answer for this query, it’s a ‘yes’. But you need to understand that it shouldn’t be treated as a quick-fix scheme to make money. The platform wasn’t originally designed to be used to achieve this goal. Instead, you should have curiosity. Timothy Sykes Until Christmas
What we are referring to by ‘yes’ is that it could be a useful learning tool. People who are stuck could be able to find Profit.ly’s array of resources to be helpful in their efforts to avoid losses and perform better than they did before. Not only struggling traders who will profit from the platform. It is able to accommodate novices and even experts in the field!
So, if you genuinely want to become a better trader and want 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 option to begin.
FAQ Timothy Sykes Until Christmas
How can you make use of Profit.ly to post your trades?
Profit.ly offers an entry section for trades within the My Trade section of the dashboard that allows you to post your trades that are verified or otherwise. There are three options:
- Linking your account to the broker of choice and import trades directly from there
- Manually inputting your trades with specified spaces and information.
- Upload a screenshot of your trades
What can I do to determine whether the trade is authentic or not?
If you purchase your trade through a reliable brokerage, there’s a high chance that it is verifiable. This is indicated with the blue check mark. If you submit it manually or through images, it will be classified as unverified.
The downside of having an unverified trade is the chance of receiving downvotes from friends and colleagues. A large number of downvotes could cause you to show up in the Madoff leaderboard, where people can see who’s untruthful in submitting trades.
Is the Profit.ly mobile app still in use?
As of this writing, Profit.ly is still available for download on the Apple App Store as well as in the Google Play store. The mobile version of the app works with all functioning tablets and smartphones.
How many people are currently connected to 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 help each other learn and improve in acquiring opportunities on the stock market all over the world.