Stock trading is a high-stakes game. Some days, you may be reaping the benefits of pleasing and positive numbers. On other days, however, the opposite may happen and it could be very difficult to get back to the point you were at your peak. If you are immersed in the water it is important to recognize that relying on pure instinct and preservation is not always enough.
If you’ve been incurring losses from time to time, you’re gonna be needing reliable advice from tested and tried trading experts. Also, you’ll need an enormous boost from your fellow traders from around the globe, which is why we’ve identified an online platform that will help you in your improvement in the industry. This review will be taking the time to look at Profit.ly, a well-recognized 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 Weekend Profits Membership
Value: 4.1/5
Quality: 4.1/5
Costs: 4.1/5
Users Experience 4.5/5
Summary
Profit.ly can be described as an online platform for trading that enables traders of all levels to be informed and accountable, as well as transparent and to build relationships with each other through its broad array of tools and features like chat rooms, trade verification and a rich library of educational material.
What exactly is Profit.ly?
Profit.ly is a trading website which serves as a learning and training platform for people new to trading as well as a place for traders with experience to keep track of their performance with the help of cutting-edge analytics tools. Providing users with a wide variety of tools for communication and trade and letting traders from every field of business connect with one another. It gives the gurus worthy investments within the boundaries of this platform. Consider it an online social media platform similar to Facebook and Reddit but with a focus on professionals and traders.
Profit.ly independently validates trade performance and posts all the data from them in the form of leaderboards. The platform’s trading model is based on trust and transparency. it guarantees that the trades are valid and won’t tolerate inauthenticity as much as it is possible. It was established many years ago by penny stock trade expert and investment expert Timothy Sykes, along with the other expert Michael Mosseri.
In an interview for Forbes magazine, Sykes declared that Profit.ly was based “on the transparency of the entire spectrum of trades, something which has never been done before.” The idea was, he said, serving two purposes: 1) keeping track of public data for all traders, not just the gurus and newsletter authors and students and secondly) giving anyone on the platform to be enlightened by both the wins and losses for the trading industry’s benefit. Timothy Sykes Weekend Profits Membership
How Does It Work?
Profit.ly follows a subscription-based model that allows stock traders to benefit from a variety of services and features geared towards achieving the success of their business. You may set up an account there at no cost, however you’re only given 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 You’ll need to sign up to one of Profit.ly’s offerings that we’ll discuss in the near future.
Making an account easy: create an account that includes your personal information and skills, join to your brokerage account and you have yourself an opportunity to make through high on the leaderboard. Profit.ly’s leaders’ board feature as previously mentioned was designed to offer its users a glimpse of the performance of the trading community and its experts. It’s not only a chance to show your worth to a community of traders, as you can also use Profit.ly to shop with a guru, and have the assurance that you’re comfortable in their skills and the credibility of their assertions.
If you’re not comfortable with the concept of leaking your brokerage account, you can opt to post your trades, whether verified or not, via screenshots. Also included in Profit.ly is the huge selection of trading courses and the capability to see statistics on a person’s profile as well as other ways to interact with your experts in the chatroom, as well as 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 personality who is famously known for delving his hands into the penny-stock market. According to Investopedia, a penny stock refers to a small-sized company’s stock that trades for just less than 5 cents per share. The penny stock market is a stepping stone for small-scale businesses to make the transition to a market that is larger as it gives them access to funds from the public. But don’t be mistaken – it’s also an extremely risky game, as Sykes can surely tell because of his decades of expertise.
From his beginnings in the latter years of high school, Tim Sykes has, since then, earned an estimated $6 million earnings during his long and successful career as trading professional. At 25 years old Sykes was given greater exposure and a larger impact when he was a part of the reality show “Wall Street Warriors.” Then, he took advantage of it to establish trading rooms, 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 for the community to lift each other up and compete with each other through the platform.
The Profit.ly Gurus
One of Profit.ly’s amazing features is the wide range of education sources, trade alerts as well as other useful information provided 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 expertise. Timothy Sykes Weekend Profits Membership
At its peak, Profit.ly had housed up to five gurus, each of them a pro 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. As of this writing, there are only two gurus who remain on the platform: the founder and penny stock trader Tim Sykes and veteran smallcap swing trader Paul Scolardi, also known as Superman. In light of that, let’s take a look at what packaged deals each guru has to offer.
From Tim Sykes Tim Sykes
Sykes provides basic stock trading services which focuses on penny stock day trading through Tim’s Alerts. Costing $74.95 for a month you will observe him focus on basic stock catalysts and employ them to predict 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 app available to iOS as well as Android devices; text, e-mail and push alerts and a daily stock watchlist.
From Tim Sykes: The Pennystocking Silver Package
Pennystocking Silver is the premium, upgraded version of the Tim’s Alerts program. Priced at $149.95 monthly, it is an ideal plan for investors who are involved in the penny-stock market. Pennystocking Silver includes all the basic features of prior plans, including alerts for swing trading and access to a rich collection of more than 7,000 educational videos, with new ones released each 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 massive stocks of the small-cap size and insanely accurate marketing forecasts. In the time since he began as a trader, Superman has amassed over $5.5 million in total trading profits. Timothy Sykes Weekend Profits Membership
The Superman Alerts plan is his offer of the most essential features and trading alerts geared toward those who may be interested. For $147 per month, you’ll gain an access to the day-to-day stock watchlist that is premarket along with the mobile app, daily market commentary in real time, and E-mail and SMS alerts.
The film “Superman” Paul Scolardi: Superman Pro
For the price of $247, you receive additional features and access to an extensive base of knowledge provided by Superman himself through Superman Pro. Superman Pro package. On top of the essentials included in the Alerts plan, Superman Pro gives you daily video lessons, which include the growing collection of the previous ones. Additionally you’ll also have the ability to access premium reports on research as well as an IPO and earnings tracker.
Profit.ly plans and costs
If you’re looking to join the online trading community and leave a mark in the industry, Profit.ly has the right amount of resources to get you up and running. Profit.ly offers three membership tiers, each designed for traders at different levels. Let’s take a look at what these three are and how much they will cost you.
Novice Plan
The Novice package is Profit.ly’s basic plan that is designed specifically for people who are brand new to the trading world. When you sign up for this plan you’ll be given a slew of robust and essential trading tools, each one of them essential in keeping your fingers on what we call a competitive process in and of itself.
Among the list of things you can do with Profit.ly’s Novice package is the ability to confirm the results of your trades and track profit as well as leading, following and even chatting with other traders; and leaving feedback on today’s trades. It also allows you to be on leaderboards, analyze the results of your analysis, sort, as well as filter trades; 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 can’t create a private account, making your personal information public. If you’re looking to gain the benefit of this service, you should be watching for us to introduce to you Profit.ly’s next strategy.
The Trader Plan
The Trader plan allows you to take advantage of a majority of features from the novice plan. In this plan, that you can create a private profile to share with other associates all your insights and intel in trader’s community.
The price is $49.95/month, Profit.ly’s Trader plan does what the name suggests catering people who want to harness their trading skills. Although it’s a nice thing, there is one significant aspect that’s not included. As opposed to the prior Novice package, you won’t be able to view the statistics of other traders that could be a problem for some who may be anticipating this level. Timothy Sykes Weekend Profits Membership
Pro Plan
This is by far the highest expensive plan Profit.ly offers to experienced traders. With $74.95 each month which includes 22% off when billed annually, this tier has it all. You will have full, unrestricted access to all features of the prior plans.
Not only do you get to look at other people’s statistics, but you’re also given the chance to create an individual profile. Both of these features, in addition to the advantages that you can utilize to their fullest capacity. If you’re in search of an account that will give all the features you need to be trader with experience, the Pro tier could be for you!
Profit.ly’s Other Services
Apart from the tools for training and leaderboards, Profit.ly provides a variety of more services it has to offer. One of them is the online store, which allows users to pick from a range of video products designed to inform and guide you through the nuances and pitfalls of trading. The products listed in this section of the site can be purchased immediately for personal use. These include best-selling products like”Trading Tickers, “Trading Tickers” series from trading specialist Tim Grittani, Timothy Sykes’s collection of DVDs, streaming-only content about penny stocking, short stocking, as well as all related to trading, videos and footage from The Annual Pennystocking Conference, and products from other expert traders.
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The chat rooms that are integrated are as well part of Profit.ly’s variety of services and features. You’re probably familiar with the chat room as you can find it throughout social and messaging platforms, in addition to a few special websites that provide live chat support. But on Profit.ly, it is seen as a hands-on area where experts and member traders can communicate and share knowledge in real-time. Every guru has their own way in operating their chat room and dealing with the members there. One of them may be more laid back and less active, while another may be more interactive and online with their students. Consider chat rooms like Profit.ly’s version of a forum, in the essence.
Who is the Ideal trader to Profit.ly?
Profit.ly’s variety of offerings and features cater to an array of stock traders, ranging from novices to the most experienced. Considering the number of offers it offers, the platform surely has something for every person.
Newbies, for instance, will enjoy Profit.ly’s library of learning content offered throughout the platform. In addition, they will get daily videos and chat room tips from its in-house gurus and their members. They’ll also be able pick from the merchandise available from its online store that they can take with them wherever they be. You can also get hands-on experiences from trading within the platform, however they’ll realize that the process is a high stakes game that should not be viewed as an amusing pastime.
For traders who have decades of experience in the road, we consider Profit.ly equally suitable to the newcomers. While novice traders may not be as well-equipped with managing trading, the pros already understand the way it functions and the plethora of risks that it carries. It is ideal to make use of Profit.ly’s range of features to their full advantage to improve their trading skills. Like beginners, they can learn from the experts and experts , and use those short tips and tricks throughout the process.
Profit.ly’s ‘all-together’ nature doesn’t just apply to newbies or semi-experienced trader. Verified experts can also join in the fun! Trade professionals who are on the same level as Superman and Tim Sykes can also use Profit.ly’s capabilities. Profit.ly’s capabilities to showcase their skill to others in order to navigate them through the ever-changing trading process. Timothy Sykes Weekend Profits Membership
Profit.ly’s Pros and Pros and
The Pros
- Profit.ly’s numerous capabilities as a “one-stop’ stock trading platform enable it to provide traders everywhere with a wealth of education communications, trading, and communication tools
- You will receive excellent training and insights from its inside experts, as well as video libraries that teach you how to learn and trading in real-time.
- You’re guaranteed transparency throughout Profit.ly with accurate analytics as well as other traders who are ready to reach you out whenever something happens
- The platform’s leaderboard feature gives you the chance to establish your reputation as a reliable and dependable trader
- Apart from its main abilities, Profit.ly also gives its customers additional options to meet their preferences, such as posting unauthentic trades via photographs
- Profit.ly’s wide array of packages and subscription levels are priced at reasonable prices – there truly is something for every person
The Cons
- Profit.ly’s abundance of packages and services offered could not be enough for most of its customers
- If traders decide to make any type of trade, there’s a possibility that some of them could profit from selecting the best trades in order to increase the rating This could be a risk that shouldn’t be simply overlooked
- Profit.ly does not accept refunds as the premium customers are expected to instantly take advantage of the numerous services that the platform can offer
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The Final Concluding Question is: Is Profit.ly Valued?
If we could come up with an appropriate answer for this query, it’s yes. But it is important to realize that the platform should not be used as a scheme to get rich quick. The platform wasn’t originally meant to be designed for this reason. Instead, it is best to keep the ability to think with an open heart. Timothy Sykes Weekend Profits Membership
What we do mean”yes” is that it can be a great learning tool. People who are stuck may discover Profit.ly’s variety of resources helpful when they try their best to incur lesser losses and perform better than they did before. It’s not just the struggling traders that will profit from the platform. It will be able to accommodate beginners as well as even experts in the field!
If you truly want to become more successful in trading and would like to learn from your mentors and peers on the way, you should look no further than Profit.ly. Profit.ly may be a great choice to start.
FAQ Timothy Sykes Weekend Profits Membership
How can you make use of Profit.ly to post your trades?
Profit.ly offers a trade entry portion under the My Trade category on the dashboard which lets you record your trades, verifiable or not. You may choose between three choices:
- Connecting your account to your brokerage of choice and importing trades directly from there
- Manually inputting your trades with the spaces provided and details
- Take a photo 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 is an excellent likelihood that it can be verified. This is evident by the blue check mark. If you submit 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 chance of receiving downvotes from fellow peers. A large number of downvotes could cause you to be listed on the Madoff leaderboard, which is where the public can detect who’s being fraudulent in posting trades.
Are the Profit.ly mobile application still available?
At the time of writing, Profit.ly is still available for download on the Apple App Store as well as the Google Play store. The mobile version of the app works with all functioning tablets and smartphones.
How many people are currently on Profit.ly?
Profit.ly currently houses over 150,000 investors and traders, as they not only are trying to maximize profits but also to help one another learn and improve in acquiring opportunities in the stock market all over the world.
