Stock trading is an extremely risky game. On certain days, you could enjoy the benefits of positive and satisfactory numbers. However, on other days it could be the reverse and it can be extremely difficult to get back to the point you were at your peak. If you find yourself constantly stuck in the gutter You will need to recognize that relying on pure instinct and preservation is not always enough.
If you’ve suffered occasional losses, you’re gonna be needing reliable advice from tested and tried trading experts. Also, you’ll need a significant boost from your colleagues in the market from all over the globe. That’s why we’ve discovered an option that can help you to improve your performance in the market. In this review, we’ll take the time to 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.
Overall Rating: 4.1/5 Tom Sykes Accident
Value: 4.1/5
Quality: 4.1/5
Costs: 4.1/5
User Experience: 4.5/5
Summary
Profit.ly offers an internet-based trading service that enables traders of all levels to be informative responsible, transparent, and encouraging each other by offering a wide range of features and tools like trade verification, chat rooms and a rich library of educational material.
What exactly is Profit.ly?
Profit.ly is a site for trading that serves both as a learning and education platform for people who are starting out as well as a place for traders with experience to keep track of their performance through the use of cutting-edge analytics tools. Offering users a broad array of options for trade and communication that help traders from every field of business connect with one another. It gives the gurus worthy investments within the boundaries that the site. Imagine it as an online social media platform similar the likes of Facebook and Reddit but with a focus on traders and experts.
Profit.ly independently validates trade performance and posts all the data of them in the manner of leaderboards. The platform for trading is built on transparency and honesty: it makes sure that transactions are legitimate and will not tolerate inauthenticity as much as is humanly possible. It was established in the past by penny stock trade expert and investment expert Timothy Sykes, along with the other expert Michael Mosseri.
One time during his interview for Forbes magazine, Sykes declared that Profit.ly was based “on showing every trade, something that was never prior to.” This idea was, he said, serving two goals: 1.) making public records for all traders, not just the gurus, but also the students and newsletter writers and secondly) making it possible for anyone on the platform to learn from both losses and wins to the benefit of the trading industry. Tom Sykes Accident
How Does It Work?
Profit.ly utilizes a subscription model which allows stock traders to gain access to a multitude of features and services aimed 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 actions 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 join one of Profit.ly’s deals that we’ll discuss in the near future.
Setting up an account is easy: create a profile with your experiences and knowledge, then connect to your brokerage account, and you have yourself a chance to shoot through the top of the leaderboard. Profit.ly’s leaders’ board feature as we’ve mentioned earlier, is designed to give its users a glimpse of how the community of traders performs and its experts. You’re not just allowed to prove your worth to a group of traders. You are also able to use Profit.ly to shop with a professional with the assurance that you’re comfortable in their skills and the legitimacy of their claims.
If you’re not comfortable with the concept of leaking your brokerage account, you can opt to post your trades, verified or not, by taking photographs. Also included in Profit.ly are the vast number of courses in trading, the ability to view stats in a trader’s profile, and more ways to connect with your gurus through the chatroom along with notifications via email or text as well as updates.
> > Click Here to Check Out Profit.ly < <
Meet the Founder: Tim Sykes
Timothy Sykes is a well-renowned day trading personality who has been famously known for his involvement in penny stock trading. According to Investopedia the term “penny stock” refers to a small company’s stock that trades for less than $5 per share. Penny stock trading is an avenue for small companies to move to a large marketplace as they can access capital from the general public. But don’t make the mistake of thinking that it’s also a high-risk game, which Sykes is sure to reveal thanks to his years of experience.
Since his initial beginnings at the end of his time in high school, Tim Sykes has, since then, made over $6 million of earnings during his long and successful career as trading professional. At the age of 25, he had been given greater exposure and an even wider reach of influence when he was a part of the reality show “Wall Street Warriors.” He then took advantage of it to establish trading rooms as well as penny stock themes and educational material aimed at people who are brand new to the trading field. He also helped to establish Profit.ly as a place of transparency and for the community to uplift and compete against each other on the platform.
The Profit.ly Gurus
One of Profit.ly’s amazing features is the wide range of education sources, trade alerts and other useful stuff offered by the company’s internal gurus. Gurus are referred to the trading experts who have made substantial profits from their collective years of knowledge. Tom Sykes Accident
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 prominent experts included Connor Bruggermann, Nathan Michaud of Investors Underground, and Triforce among others. At the time of writing, however, only two gurus remain on the platform: Founder and penny stock trader Tim Sykes and veteran smallcap swing trader Paul Scolardi, also known as Superman. In light of that Let’s look at what packaged deals each guru offers.
From Tim Sykes: Tim’s Alerts
Sykes offers a basic stock trading service with the main priority being penny-stock day trading via Tim’s Alerts. The cost is $74.95 for a month you will be able to see him concentrate on the fundamental stock catalysts and use them to predict the next possible moves in trading.
A purchase on its own of Tim’s Alerts will get you access to the chatroom, as well as the mobile application that is available to iOS and 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 highest-quality, upgraded version of the Tim’s Alerts package. Priced at $149.95 per month, this is an ideal plan for those who are committed to penny stock trading. Pennystocking Silver comes with all the standard features that were included in prior plans, including alerts for swing trading and access to an extensive library of over 7,000 educational videos that are updated weekly.
> > Click Here to Check Out Profit.ly < <
The following video is from “Superman” Paul Scolardi: Superman Alerts
Scolardi who is known under the alias “Superman,” is a professional in swing trading with an eye for tiny-cap massive stocks as well as wildly accurate marketing forecasts. Since when he first started trading, Superman has amassed over $5.5 million in all-time trading profits. Tom Sykes Accident
The Superman Alerts plan is his package of vital features and trading alerts geared towards those who might be interested. For $147 per month, you’ll gain an access to the day-to-day premarket stock watchlist as well as the mobile app, daily market updates in real-time, as well as E-mail and SMS alerts.
The film “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 his Superman Pro package. In addition to the basic features that are included in the Alerts plan, Superman Pro gives you weekly video lessonsthat include a growing library of all previous lessons. On top of that you’ll also have an access to high-quality research papers as well as an IPO and earnings tracker.
Profit.ly plans and costs
If you’re looking to join the world of online trading and make a mark on the market, Profit.ly has the right amount of resources to get you going. The platform has three membership levels, each designed for traders at different levels. Let’s look at what the three are and how much they’ll cost you.
Novice Plan
The Novice package is Profit.ly’s entry-level plan designed especially for those who are new to the trading world. Once you have signed up for this package, you will be immediately given a slew of robust and indispensable trading tools, each one of them essential in keeping your fingers on what could call a ruthless procedure in its own.
The list of features you can do using Profit.ly’s Novice package include the ability to confirm the results of your trades and track profit and follow-up, leading and even chatting with other traders; and providing feedback on trades today. You can also get on leaderboards; analyze your trades, sort and filter your trades and lastly, look at other people’s statistics.
The Novice plan is $29.95 per monthly payment. Although it might look appealing just by the price, there is a downside. It isn’t possible to create a private account, making your actions public. If you do want to have an account with this option, you should stay tuned as we introduce to you Profit.ly’s next strategy.
The Trader Plan
The Trader package allows users to benefit from a majority of features from the novice plan. It is in this plan that you are able to create a private profile to share with other associate users all the insights and intel in this trading group.
Costing $49.95/month, Profit.ly’s Trader plan does what the name suggests catering to those who desire to harness their expertise in trading. While it’s nice, there is one significant aspect that’s not included. Unlike the previous Novice package, you won’t be able view the statistics of other traders this could be a disadvantage for some who may be anticipating this level. Tom Sykes Accident
Pro Plan
The Pro plan is the most expensive plan Profit.ly can offer to experienced traders. With $74.95 per month, and an additional 22% discount for annual billing the Pro plan has everything. You get full, no-holds-barred access to all features of the previous plans combined.
You’re not only able to view other people’s stats, but you’re also given the opportunity to create your own private profile. Both of these options, plus the other benefits that you can use to the maximum extent. If you’re looking for a plan that can serve all the features you need to be a skilled trader, maybe the Pro level is ideal for you!
Profit.ly’s Other Services
In addition to the tools for training and leadersboards Profit.ly provides a variety of more services it has to offer. One of these is its online store, which lets users choose from a wide array of videos created to guide you through the ins and outs of trading. Each of the offerings listed on this page of the website can be bought immediately for your personal use. Some of these include bestsellers such as”Trading Tickers, “Trading Tickers” series by trading expert Tim Grittani, Timothy Sykes’s collection of DVDs and streaming-only content about penny stocking, short stocking, and other aspects of trading. There are also clips and clips from the Annual Pennystocking Conference, and items from other experts in trading.
> > Click Here to Check Out Profit.ly < <
The chat rooms that are integrated are also part of Profit.ly’s variety of features and services. You’re probably familiar with the concept of chat rooms since you can find it throughout messaging and social platforms, in addition to a few special websites that provide live chat assistance. However, in Profit.ly it’s seen as a hands-on place where gurus and their members can interact and share knowledge in real-time. Each guru has their style in operating their chat room and dealing with the members there. Some may be more laid back and rarely active, while another might be more online and communicative to their pupils. Think of the chat rooms like Profit.ly’s version of a forum, in its essence.
Who is the ideal trader to Profit.ly?
Profit.ly’s variety of offerings and features cater to an array of stock traders, from novices to the most experienced. Given the wide range of options it offers it is certain to have something for everyone.
Beginners, for instance, will appreciate Profit.ly’s knowledge-based content offered throughout the platform. Not only will they be provided with videos every week and chat room advice from the in-house experts and their members. They’ll also be able select from the products in its online store that they can take with them wherever they travel. They can also gain hands-on experiences from trading within the platform, however they’ll be able to realize that this is a risky game that should not be viewed as an amusing pastime.
For the traders with many years of experience down the road, we consider Profit.ly as equally as suitable to them as the newcomers. While the newbies may not be as well-equipped with dealing with trading issues, the pros already understand the way it functions and the risky mix associated with it. Ideally, they may make use of Profit.ly’s array of features to their full advantage to improve their trading skills. As beginners, they are able to learn from the experts and experts and utilize those simple tips and hints to help them along.
Profit.ly’s “all-in” approach does not only apply to beginners or semi-experienced trader. Verified experts can also join in the enjoyment! Those in the trading industry who are at an equal level with Superman or Tim Sykes can also use up Profit.ly’s abilities to show off their skills to others as a way to help guide them through the ever-illustrious trading process. Tom Sykes Accident
Profit.ly’s Pros and Cons
The Pros
- Profit.ly’s diverse capabilities as a “one-stop’ stock trading platform enable traders across the globe with a wealth of education, communication, and trading tools
- You will receive excellent training and tips from the 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 precise analytics as well as fellow traders that are waiting to reach you out whenever something happens
- The leaderboard feature of the platform offers you a way to build your credibility as a trustworthy and dependable trader
- Apart from its core features, Profit.ly also gives its customers extra options that can be tailored to their individual preferences, for instance, posting unauthentic trades via screenshots
- Profit.ly’s variety of subscription levels and guru packages are priced at affordable rates – there truly is something for everyone
The Cons
- Profit.ly’s abundance of packages and services offered could not be enough for a lot of its customers
- Since traders can choose to post any kind of trade, there’s the possibility that some of them could profit from cherry-picking the best trades to increase the rating – this may be a risk that shouldn’t be simply overlooked
- Profit.ly does not accept refunds as the premium customers will immediately benefit from the many services that the platform can offer
> > Click Here to Check Out Profit.ly < <
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 this platform shouldn’t be viewed as a get-rich-quick scheme. The platform wasn’t originally intended to be created in this way. Instead, you should have curiosity. Tom Sykes Accident
What we do mean”yes” is that it can be a great learning tool. People who are stuck could find Profit.ly’s array of resources to be helpful in their efforts to avoid loss and perform better than they did before. Not only poor traders that can benefit from this platform. It will be able to accommodate beginners as well as even experts in the field!
So, if you genuinely care about being a better trader and want to be taught by your peers and experts along the way, then you should look no further than Profit.ly. Profit.ly could be a good option to begin.
FAQ Tom Sykes Accident
How do you use Profit.ly to post your trades?
Profit.ly has the option of allowing trade entries in the ‘My Trade category on the dashboard. It lets you post your trades, verifiable or not. You may choose between three options:
- Linking your account with your brokerage of choice and then importing the trades from that directly
- Manually entering your trades into provided spaces and specifics
- Take a photo of your trades
How can I tell if the trade is verifiable or not?
If you buy your trade from a reputable brokerage, there’s an excellent chance that it is verifiable. This is evident by the blue check mark. If you submit it in a manual way or by taking pictures, it will be classified as unverified.
The disadvantage of an unauthenticated trade is the chance of getting downvotes from your colleagues. If you receive too many negative votes, it could cause you to show up in the Madoff leaderboard, where people can detect who’s being fraudulent in posting trades.
Does the Profit.ly mobile application still available?
As of this writing, Profit.ly is still available to download via the App Store for Apple and in 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 using Profit.ly?
Profit.ly is currently home to over 150,000 investors and traders as they not only are looking to earn maximum profits but also help each other learn and improve in acquiring stock market opportunities all over the world.
