The stock market can be an exciting game with high stakes. On certain days, you could enjoy the benefits of positive and satisfactory numbers. On other days, the opposite may happen and it can be very difficult to return to the point you were at your peak. If you find yourself always in the mud You will need be aware that relying solely on pure instinct and preservation is not always enough.
If you’ve suffered occasional losses You’ll need solid advice from seasoned and tested trading experts. You’re also gonna need an enormous boost from your fellow traders from around the globe. That’s why we’ve identified an option that can help you to improve your performance within the field. This review will be taking a look at Profit.ly A well-respected 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. Do check out our article below, however, because it has a comprehensive overview of Profit.ly.
Total Rating: 4.1/5 Timothy Sykes Unto The Lord
Users Experience 4.5/5
Profit.ly offers an internet-based trading service that enables traders of different levels to be informative responsible, transparent, and to build relationships with one another through its wide array of tools and features including trade verification, chat rooms, and an enriched library of educational content.
What exactly is Profit.ly?
Profit.ly is a site for trading that functions as a learning and training platform for people who are just beginning their journey as well as a place for traders who are experienced to monitor their performance through the use of sophisticated analytics tools. Offering users a broad variety of tools for trade and communication and letting traders from all walks of life connect with one another. It gives the gurus an opportunity to invest in the right areas of this platform. Consider it the social media equivalent the likes of Facebook and Reddit however it is geared towards experts and traders.
Profit.ly independently verifies trade performances and then publishes the information from them in the form of leaderboards. The trading platform is built on trust and transparency. it guarantees that the transactions are legitimate and will not allow for fraud as much as possible. It was founded many years ago by penny expert in stock trading and investment expert Timothy Sykes, along with his colleague Michael Mosseri.
One time , during an interview with Forbes publication, Sykes said that Profit.ly was motivated by its focus “on showing the entire spectrum of trades, something which has never been done before.” The concept Sykes said served two objectives: one) keeping track of public data for all traders, not just the gurus, but also the newsletter authors and students and secondly) making it possible for anyone on the platform to be enlightened by the losses and wins for the trading industry’s benefit. Timothy Sykes Unto The Lord
How Does It How Does It
Profit.ly follows a subscription-based model that lets stock traders gain access to a multitude of tools and services that are geared toward achievement. It is possible to create an account for free, but you’re limited to the ability to navigate through the leaderboard and follow the activities of people who aren’t gurus. If you’re ready to invest your money in order to find out what stocks the experts are trading in real time You’ll need to sign up to one of Profit.ly’s offerings that we’ll discuss in the near future.
The process of opening an account is simple: Create a profile with your experiences and skills, join to your brokerage account, and you’ll be given a chance to shoot your way to the top of the leaderboard. Profit.ly’s leaders’ board feature as mentioned previously, is designed to give its users a look at the performance of the trading community as well as its gurus. It’s not only a chance to show your worth to a large group of traders, but you can also use Profit.ly to shop with a professional with the assurance that you’re comfortable with their expertise and the credibility of their claims.
If you feel uneasy with the idea of sharing the details of your broker account then you could choose to publish your trades, whether verified or not, via photographs. Included in Profit.ly are the vast number of trading courses and the capability to see the stats of a trader’s account and other methods to interact with your experts via chatrooms as well as 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 personality who is famously known for delving his hands into the penny-stock market. According to Investopedia, a penny stock refers to a small company’s stock that trades for less than $5 per share. Penny stock trading could be viewed as an avenue for small businesses to transition to a market that is larger as it gives them access to capital from the public. But don’t make the mistake of thinking that it can also be an extremely risky activity, as Sykes is sure to reveal because of his decades of experience.
From his beginnings at the end of his time in High School, Tim Sykes has, since then, earned more than $6 million in earnings throughout his illustrious career as trading professional. At 25 years old Tim Sykes had received greater exposure and a larger influence over time as a participant in the reality TV show “Wall Street Warriors.” He then made use of the show to create trading rooms as well as penny stock themes and educational material aimed at people who are brand new to trading. He also helped establish Profit.ly as a place for transparency, and for the community to lift each other up and compete through the platform.
The Profit.ly Gurus
One of Profit.ly’s amazing features is the wide range of education tools, trade alerts and other useful stuff offered by the in-house experts of the platform. Gurus are referred to the experts in trading who have earned substantial amounts of money from their combined years of experience. Timothy Sykes Unto The Lord
At its height, Profit.ly had housed up to five gurus. Each of them a professional within their particular field in the trading industry. Some of the most prominent gurus included Connor Bruggermann, Nathan Michaud of Investors Underground, and Triforce as well as a handful of others. At the time of writing, there are only two gurus who remain on the platform: the 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 we’ll take a look at what packaged deals each guru offers.
From Tim Sykes Tim Sykes: Tim’s Alerts
Sykes provides basic stock trading services which focuses on penny-priced day trading with Tim’s Alerts. The cost is $74.95 for a month you’ll observe him focus on fundamental catalysts for stocks and utilize them to predict the next possible moves in making trades.
A purchase on its own of Tim’s Alerts will get you access to the chatroom, as well as the mobile app that’s available to iOS and Android devices; texts, emails and push alerts; and a daily stock watchlist.
from Tim Sykes: The Pennystocking Silver Package
Pennystocking Silver is the most premium version, with an upgraded version of Tim’s Alerts package. It costs $149.95 for a month it is a great option for those who are invested in penny stock trading. Pennystocking Silver comes with all the standard features found in the previous plan, which includes swing trading alerts as well as unlimited access to a collection of more than 7,000 educational videos that are updated weekly.
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The following video is from “Superman” Paul Scolardi: Superman Alerts
Scolardi who goes under the alias “Superman,” is a trader who has an eye for massive stocks of the small-cap size and insanely accurate marketing forecasts. Through the years since he began as a trader, Superman has amassed over $5.5 million in total trading earnings. Timothy Sykes Unto The Lord
The Superman Alerts plan is his package of vital features and alerts on trading geared toward those who may be interested. For $147 per month, you’ll gain access daily premarket stock watchlist along with the mobile app, daily market commentary in real-time, and SMS and e-mail alerts.
From “Superman” Paul Scolardi: Superman Pro
At $247/month, you get additional features and access to an extensive base of knowledge that is provided by Superman himself via his Superman Pro package. Alongside the standard features that are included in the Alerts package, Superman Pro gives you weekly video lessons, including the growing collection of other previous ones. Additionally, you’ll also get access to premium research reports as well as an IPO and earnings tracker.
Profit.ly plans and costs
If you’re ready to join the world of online trading and leave a mark in the industry, Profit.ly has the right amount of tools to get you started. The platform offers three membership levels that cater to traders with different levels. Let’s look at what the three levels are and what they’ll cost you.
The package called Novice is Profit.ly’s beginning-of-the-line plan specifically for those who are just beginning their journey to the world of trading. When you sign up for this plan, you will be immediately given a slew of robust and essential trading tools, each of which is essential to keep your fingers on what could call a ruthless process in and of itself.
Some of the features you can accomplish using Profit.ly’s Novice package is the ability to verify 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 onto leaderboards; study, sort, or filter the trades you make and lastly, look at other people’s statistics.
The Novice plan is $29.95 per month. Although it might look appealing for the price alone, there is a downside. You aren’t able to create a personal profile, thus making your actions public. If you’re interested in have an account with this option, you should be watching for us to introduce to you Profit.ly’s next strategy.
The Trader Plan
The Trader package allows you to use the majority of features available in the Novice plan. This plan allows that you are able to create a private profile to share with fellow associates all your insights and intel in this trading group.
Priced at $49.95/month, Profit.ly’s Trader plan is exactly what it says: Cater people who want to improve their skills in trading. While it’s nice however, there’s a crucial element that’s missing. Unlike the previous Novice package, you will not be able view the statistics of other traders that could be a problem for those looking forward to this tier. Timothy Sykes Unto The Lord
The Professional plan can be described as the highest luxurious package Profit.ly offers to experienced traders. It costs $74.95 each month with 22% off for billing annually the Pro plan has it all. It gives you full, unlimited access to all features of the prior plans.
In addition, you’ll be able to look at other people’s statistics and data, but you also have the opportunity to create a private profile. These two features are in addition to the advantages you’ll be able to use to the maximum extent. If you’re looking for a plan that can serve you everything you need as a skilled trader, maybe the Pro plan is for you!
Profit.ly’s Other Services
Apart from the trainer tools and Leaderboards Profit.ly has a few additional services that it can offer. One of those is its online store, which lets users choose from a wide array of videos created to provide guidance on the nuances and pitfalls of trading. The products listed in this section of the website is available to be purchased immediately for personal use. Some of these include bestsellers like”Trading Tickers,” the “Trading Tickers” series by trader expert Tim Grittani, Timothy Sykes’s collection of DVDs and streaming-only content about penny stocking, short stocking, and all other aspects of trading. There are also clips and scenes from events like the Annual Pennystocking Conference, and other products by expert traders.
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The integrated chat rooms are included in Profit.ly’s array of features and services. You’re probably familiar with chat rooms since you can find it throughout messaging and social platforms, in addition to a few special websites that offer live chat assistance. But on Profit.ly, it is seen as a hands-on space where experts and their members trade and learn in real time. Every guru has their own style when it comes to running their chat room and dealing with the members. One might be a laid-back person who is less active, while another might be more active and in touch to their pupils. Think of the chatrooms as Profit.ly’s version of the 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 trader types, from novices to the most experienced. With the variety of deals it offers, the platform surely has something for everyone.
Beginners, for instance, will appreciate Profit.ly’s collection of educational content offered throughout the platform. Not only will they be provided with videos every week and chat room advice from its in-house gurus as well as their members. They’ll also be able select from the products on its store online for them to take wherever they be. Additionally, they can gain practical experience trading on the platform, but eventually they’ll be able to realize that trading is a high-stakes game that shouldn’t be treated as an opportunity to make fun of.
For those traders who have had years of exposure down the road, we consider Profit.ly equally suitable to them as people who are just beginning. While the newbies may not be as adept at handling trading matters but the experts already know how it works along with the stack full of risks that come with it. Ideally, they may utilize Profit.ly’s range of features to their full advantage to improve their skills in trading. As beginners, they are able to study from the gurus as well as experts, and take advantage of simple tips and hints along the way.
Profit.ly’s “all-in” approach doesn’t just apply to newbies or semi-experienced trader. Experts who have been verified can also participate in the excitement! People in the trade industry who are on similar levels to Superman and Tim Sykes can also use the power of Profit.ly’s capabilities to showcase their skill to others as a way to help guide them through the ever-illustrious trading process. Timothy Sykes Unto The Lord
Profit.ly’s Pros and Cons
- Profit.ly’s numerous capabilities as a “one-stop” stock trading platform allows it to provide traders everywhere with an abundance of knowledge tools, communication, and trading tools
- You will be taught by experts and tips from the in-house gurus, including libraries of educational videos and live trading activity.
- You’re assured of transparency throughout Profit.ly with accurate analytics and fellow traders ready to call you when something goes wrong.
- The leaderboard feature on the platform gives you the chance to establish your reputation as a reliable and dependable trader
- Apart from its core features, Profit.ly also gives its customers extra options that can be tailored to their needs, like posting trades that are not authentic by taking screenshots
- Profit.ly’s variety of subscription plans and guru packages are priced at reasonable prices – there truly is something for all
- Profit.ly’s numerous packages and services offered could seem overwhelming for the majority of its users
- As traders may opt to open any kind of trade, there is an opportunity that some them may take advantage by selecting the best trades in order to boost their rating this could be a risk that shouldn’t be simply overlooked
- Profit.ly does not offer refunds because the premium customers are expected to immediately benefit from the many features the platform is able to provide
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The Final Verdict: Is Profit.ly worth it?
If we could come up with an appropriate answer for this query, it would be an affirmative “yes”. But you need to understand that it shouldn’t be treated as a scheme to get rich quick. The platform wasn’t originally meant to be designed for this reason. Instead, you should have the ability to think with an open heart. Timothy Sykes Unto The Lord
What we do mean by ‘yes’ is that it can be a great learning tool. People who are stuck might find Profit.ly’s array of resources useful in their efforts to avoid losses and be more successful than before. It’s not only the struggling traders that will benefit from this platform. It can accommodate beginners and even experts in the field!
So, if you genuinely care about being better at trading and wish to learn from your fellows and gurus throughout the process, then look no further – Profit.ly may be a great choice to start.
FAQ Timothy Sykes Unto The Lord
How can you make use of Profit.ly to post your trades?
Profit.ly includes an entry section for trades within the “My Trade’ category of the dashboard. It lets you record your trades that are verified or otherwise. You may choose between three options:
- Connecting your account to your brokerage of choice and then importing transactions directly through there
- Manually entering your trades into the spaces provided and details
- Send a screen shot of your transactions
How can I tell whether the trade is authentic or not?
If you buy your trade from a trusted brokerage, there is a high probability that it’s verifiable. This is shown by the blue check mark. If you upload it manually or through pictures, it will be assigned as unverified.
The downside of having an unauthenticated trade is the chance of receiving negative feedback from fellow peers. Too many downvotes may result in you appearing at the top of the Madoff leaderboard, which is where the public can see who’s untruthful in submitting trades.
Are the Profit.ly mobile application still available?
At the time of 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 the majority of working smartphones and tablets.
How many people are currently on Profit.ly?
Profit.ly is currently home to over 150,000 investors and traders, as they not only are trying to maximize profits but also assist each other to learn and improve in acquiring opportunities in the stock market left and right.