Stock trading can be an exciting game with high stakes. On certain days, you could enjoy the benefits of positive and satisfactory numbers. On other days you may experience the opposite and it can be extremely difficult to get back to where you were your peak. If you find yourself always in the mud, you will have to realize that relying on instinct and survival may not always be enough.
If you’ve been incurring occasional losses and you’re likely to require reliable advice from tested and tried trading experts. Additionally, you’ll require a significant boost from your colleagues in the market from all over the globe, which is why we’ve discovered an online platform that will help you to improve your performance in the market. We’ll be taking an in-depth 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. To get a comprehensive overview of Profit.ly, you may still want to check out our article below.
Total Rating: 4.1/5 Timothy Syles Profitly
Value: 4.1/5
Quality: 4.1/5
Costs: 4.1/5
User Experience: 4.5/5
Summary
Profit.ly can be described as an online platform for trading that permits traders of various levels to be informative and accountable, as well as transparent and uplifting with one another through its wide range of features and tools like chat rooms, trade verification, and an enriched library of educational material.
How do I define Profit.ly?
Profit.ly is a trading site that serves both as a training and learning platform for people who are starting out and also as a platform for traders with experience to keep track of their performance with the help of cutting-edge analytics tools. It provides users with a vast array of options for trade and communication and letting traders from every field of business connect with each other. It also allows gurus to make worthwhile investments within the confines of this platform. Consider it a social media site akin to Facebook and Reddit however it is geared towards professionals and traders.
Profit.ly independently checks the performance of trades and posts all the data of them in the manner of leaderboards. The platform’s trading model is based on honesty and transparency: it ensures that the trades are valid and won’t accept fake news as long as it is possible. It was founded years ago by the penny expert in stock trading and investment guru Timothy Sykes, along with his colleague Michael Mosseri.
One time during his interview with Forbes publication, Sykes said that Profit.ly was driven by its focus “on showing the entire spectrum of trades, something which has never been previously done.” This idea, he added, served two purposes: 1) keeping track of public data for not just the gurus and students and newsletter writers and secondly) giving all users to learn from both losses and wins to benefit the industry of trading. Timothy Syles Profitly
How Does It Perform?
Profit.ly follows a subscription-based model that lets stock traders gain access to a multitude of tools and services that are geared towards achieving the success of their business. You may set up an account at no cost, however you’re only limited to having the ability to navigate through the leaderboards and monitor the activities of non-gurus. If you’re interested in investing your money in order to find out what stocks the experts are trading in real-time it is necessary to sign up to one of Profit.ly’s deals that we’ll review in the coming days.
Setting up an account is simple: Create a profile with your experiences and expertise, connect your brokerage account, and you have yourself an opportunity to make your way up to high on the leaderboard. Profit.ly’s leaderboard feature, as mentioned previously was designed to offer its users a look at the performance of the trading community and its experts. You’re not just allowed to show that you’re worthy to the community of traders, as you are also able to use Profit.ly to shop from a guru with 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 then you could choose to publish your trades, either verified or otherwise, through pictures. In Profit.ly are the vast number of trading courses as well as the ability to look at the stats of a trader’s account, and more ways to communicate with your gurus in the chatroom, in addition to email and text alerts as well as updates.
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Meet the Founder: Tim Sykes
Timothy Sykes is a well-renowned day trading personality who is well-known for delving his hands into the penny-stock market. According to Investopedia the term “penny stock” refers to a small-sized company’s stock which trades at under $5 for each share. The trading of penny stocks is an avenue for small businesses to transition to a large marketplace as it gives them access to capital from the public. However, don’t get it wrong – it can also be an extremely risky game, as Sykes will be able to tell you because of his decades of experience.
Beginning in the latter years of the high schools, Tim Sykes has, since then, earned over $6 million of earnings through his lengthy career as trading professional. At 25 years old Sykes was given greater exposure and an even wider influence over time when he became part of the reality show “Wall Street Warriors.” He then used the opportunity to establish trading rooms, penny stock themes, and educational content geared toward those who are just beginning to learn about trading. He also helped to establish Profit.ly as a platform for openness, and for the community to lift each other up and compete with each other on the platform.
The Profit.ly Gurus
One of Profit.ly’s amazing features is the wide range of educational resources, trade alerts, and other helpful stuff provided by the in-house experts of the platform. The gurus in question refer to experts in the field of trading who have made substantial amounts of money from their combined years of knowledge. Timothy Syles Profitly
At its peak, Profit.ly had housed up to five gurus, all of them a pro in their field of expertise in the trading industry. Some of the most famous gurus included Connor Bruggermann, Nathan Michaud of Investors Underground, and Triforce, among a few others. At the time of 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. When we take that into account Let’s look at the packages each guru can offer.
From Tim Sykes Tim Sykes: Tim’s Alerts
Sykes provides a basic stock trading service that focuses on penny-stock day trading via Tim’s Alerts. At $74.95 per month, you’ll see him focus on the fundamental stock catalysts and use them to forecast the next move that is possible when trading.
A standalone purchase in Tim’s Alerts will get you access to the chatroom and the mobile app that’s 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 program. Priced at $149.95 monthly, it is an ideal plan for those who are more involved in the penny-stock market. Pennystocking Silver offers all the essential features of the previous plan, such as swing trading alerts and unlimited access to a collection of more than 7,000 educational videos and new videos released each week.
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The following video is from “Superman” Paul Scolardi: Superman Alerts
Scolardi, who goes by the alias “Superman,” is a swing trading professional with an eye for both 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 trading earnings. Timothy Syles Profitly
The Superman Alerts plan is his package of vital features and alerts on trading geared to those interested. For $147/month, you’ll get an access to the day-to-day premarket stock watchlist and the mobile app, the daily market commentary shown in real-time, and SMS and e-mail alerts.
From “Superman” Paul Scolardi: Superman Pro
At $247/month, you get additional features, as well as access to an extensive base of knowledge provided by Superman himself, via the Superman Pro package. In addition to the basic features that are included in the Alerts package, Superman Pro gives you daily video lessons, which include a growing library of all the previous ones. In addition you’ll also have access to premium research reports 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 field, Profit.ly has the right amount of tools to get you started. 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 to this plan, you will be immediately given a slew of robust and essential trading tools, each of which is essential to keep your hands on what we call a competitive process by itself.
Some of the features you can do using Profit.ly’s Novice package include the ability to confirm the results of your trades and track profit as well as leading, following and even chatting with your fellow traders, as well as giving feedback on the trades of today. You can also get onto leaderboards; study your trades, sort and filter your trades; and lastly, look at the statistics of other traders.
The Novice plan is $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 profile, which makes your activities publicly available. If you’re interested in get access to this feature, stay tuned as we introduce to you Profit.ly’s new plan.
Trader Plan
The Trader plan allows you to take advantage of many of the features of the Novice plan. In this plan, that you can create an account that is private to share with other associate users all the insights and information you have gained from the trading community.
Priced at $49.95/month, Profit.ly’s Trader plan does what the name suggests: Cater people who want to develop their trading skills. While it’s nice however, there’s a crucial aspect that’s not included. As opposed to the prior Novice package, this one won’t be able view the statistics of other traders that could be a problem for those eager to try this new tier. Timothy Syles Profitly
Pro Plan
The Professional plan can be described as the highest luxurious package Profit.ly could offer for seasoned traders. It costs $74.95 each month which includes a 22% discount for billing annually This plan offers everything. 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 and data, but you also have the chance to create an individual profile. Both of these features, plus the other advantages that you can utilize to the maximum extent. If you’re looking for an option that gives all the features you need to be trader with experience, the Pro level is for you!
Profit.ly’s Other Services
Apart from the training tools and the leadersboards Profit.ly offers a number of more services it has to offer. One of those is its online store, which lets users select from a variety of instructional videos that are that are designed to educate and provide guidance on the ins and outs of trading. All of the products featured on this page of the site can be purchased immediately for personal use. Some of these include bestsellers like”Trading Tickers, “Trading Tickers” series by trading expert Tim Grittani, Timothy Sykes’s collection of DVDs, streaming-only content about short stocking, penny stocking, as well as all things trading-related, clips and footage from the Annual Pennystocking Conference, and other products by expert traders.
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The integrated chat rooms are included in Profit.ly’s range of features and services. You’re probably familiar with chat rooms since you will see it on social and messaging platforms in addition to a few special websites that provide live chat support. However, in Profit.ly, it is seen as a space where experts and their members can interact and learn in real time. Every guru has their own way in operating their chat room and dealing with the listed members there. Some may be more laid back and not very often active, while another might be more active and in touch in their interactions with students. Think of chat rooms like Profit.ly’s version of a forum, in the essence.
Who is the ideal Trader for Profit.ly?
Profit.ly’s diverse range of products and features cater to the wide range of stock trader types, from beginners to experienced pros. Given the wide range of options it offers, the platform surely has something for every person.
Beginners, for instance, will enjoy Profit.ly’s knowledge-based content offered throughout the platform. Not only will they get daily videos and chat room advice from its in-house gurus and members. Additionally, they can choose from the items in its online store for them to take wherever they be. Additionally, they can gain practical experiences from trading within the platform, but eventually they’ll realize that this is a high-stakes game that shouldn’t be treated as a joke.
For those traders who have had decades of experience in the line, we believe Profit.ly equally suited to those who are just starting. While the newbies may not be as well-equipped with managing trading but the experts already know how it works along with the stack full of risks that come with it. It is ideal to make use of Profit.ly’s range of features to their best advantage to enhance their trading abilities. Like beginners, they can learn from the experts as well as experts, and take advantage of simple tips and hints to help them along.
Profit.ly’s “all-inclusive” nature doesn’t just apply to newbies or semi-experienced trader. Experts who have been verified can also participate in the enjoyment! People in the trade industry who are at the same level as Superman and Tim Sykes can also use Profit.ly’s capabilities. Profit.ly’s abilities to show off their expertise to other traders as a way to help assist them in the ever-changing trading process. Timothy Syles Profitly
Profit.ly’s Pros and Pros and
The Pros
- Profit.ly’s numerous capabilities as a “one-stop’ stock trading platform enable traders across the globe with a wealth of education, communication, and trading tools
- You’ll be taught by experts and advice from the company’s internal experts, which include collections of educational videos as well as live trading activity.
- You can be sure of complete transparency through Profit.ly by using accurate data as well as fellow traders ready to call you out whenever something happens
- The leaderboard feature of the platform offers you a way to build your reputation as a reliable and verifiable trader
- In addition to its primary abilities, Profit.ly also gives its customers additional options to meet their needs, like posting unverifiable trades through screenshots
- Profit.ly’s diverse range 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 seem overwhelming for most of its customers
- If traders decide to open any kind of trade, there is a possibility that some of them could profit from picking the most profitable trades to improve their ratings – this may be a problem that shouldn’t be simply overlooked
- Profit.ly does not offer refunds, as the premium customers will immediately take advantage of the numerous services that the platform can provide
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The Final Verdict is: Is Profit.ly Valued?
If we were able to come up with the answer, it’s an affirmative “yes”. But you need to understand that this platform shouldn’t be viewed as a scheme to get rich quick. The platform wasn’t originally meant to be designed to achieve this goal. Instead, it is best to keep the ability to think with an open heart. Timothy Syles Profitly
What we are referring to”yes” is it could be a useful learning tool. For those who are struggling, they may find Profit.ly’s variety of resources useful when they try their best to avoid loss and perform better than before. It’s not only the struggling traders that will benefit from the platform. It is able to accommodate novices and even experts!
If you truly want to become a better trader and want to be taught by your mentors and peers on the way, look no further – Profit.ly is a fantastic alternative to start.
FAQ Timothy Syles Profitly
What are the best ways to use Profit.ly to post your trades?
Profit.ly has the option of allowing trade entries under the “My Trade category on the dashboard. It lets you post your trades that are verified or not. There are three choices:
- Linking your account to the brokerage of choice and then importing transactions directly through there
- Manually inputting your trades with provided spaces and specifics
- Take a photo of your transactions
How do I know if the trade is verifiable or not?
If you import your trade through a reliable brokerage, there’s the probability that it’s verifiable. This is indicated with the blue check mark. If you upload it in a manual way or by taking screenshots, it will automatically be classified as unverified.
The downside of having an unverified trade is the chance of receiving downvotes from friends and colleagues. If you receive too many negative votes, it could result in you appearing in the Madoff leaderboard, which is where the public can detect who’s being dishonest in posting trades.
Are the Profit.ly mobile app still in use?
At the time of writing, Profit.ly is still available for download on the App Store for Apple and on the Google Play store. The mobile version of the app is compatible with the majority of working smartphones and tablets.
How many are on Profit.ly?
Profit.ly currently houses more than 150,000 investors and traders as they not only are trying to maximize profits but also to help one another develop and grow in their ability to take advantage of opportunities on the stock market all over the world.
