The stock market can be an exciting game with high stakes. Some days, you could enjoy the benefits of positive and satisfactory numbers. On other days, however, the opposite may happen, and it may sometimes be extremely difficult to get back to where you were your most productive. If you find yourself always in the mud, you will have be aware that relying solely on instinct and survival might not be enough.
If you’ve experienced loss from time to time and you’re likely to require reliable advice from tested and tried trading experts. You’re also gonna need a significant boost from your colleagues in the market from all over the globe. That’s why we’ve identified an online platform that will help you in your improvement in the industry. This review will be taking an in-depth 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. Do check out our article below, however, because it has a comprehensive overview of Profit.ly.
Total Rating: 4.1/5 Try Timothy Sykes Free
Users Experience 4.5/5
Profit.ly can be described as an online platform for trading that permits traders of various levels to be knowledgeable responsible, transparent, and to build relationships with each other through its broad range of features and tools like trade verification, chat rooms, and an enriched library of educational content.
What is Profit.ly?
Profit.ly is a trading website that functions as a learning and training platform for traders who are just beginning their journey as well as a place for traders with experience to keep track of their performance using the aid of advanced analytics tools. Providing users with a wide range of resources to facilitate 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 that the site. Imagine it as the social media equivalent the likes of Facebook and Reddit, but for experts and traders.
Profit.ly independently checks the performance of trades and publishes all data of them in the manner of leaderboards. The trading platform is built on trust and transparency. it ensures that the transactions are legitimate and will not tolerate inauthenticity as much as it is possible. It was established many years ago by penny expert in stock trading and investment guru Timothy Sykes, along with fellow expert Michael Mosseri.
One time , during an interview for 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 idea Sykes said served two purposes: 1) keeping track of public data for everyone, not just the experts and newsletter writers and students and secondly) allowing all users to be enlightened by both losses and wins to benefit the industry of trading. Try Timothy Sykes Free
How Does It Perform?
Profit.ly follows a subscription-based model that allows stock traders to benefit from a variety of services and features geared toward the success of their business. It is possible to create an account there for free, but you’re only given the capability to browse the leaderboard and observe the activities of people who aren’t gurus. If you’re interested in investing your money to see what stocks the experts are trading in real-time, you will need to sign up to one of Profit.ly’s offerings that we’ll discuss in the near future.
Making an account simple: Create a profile with your experiences and knowledge, then connect your brokerage account, and you’ll have the chance to climb your way to high on the leaderboard. Profit.ly’s leaders’ board feature as we’ve mentioned earlier it is designed to provide its users a glimpse of the performance of the trading community and its experts. You’re not just allowed to prove your worth to a group 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 legitimacy of their assertions.
If you’re not comfortable with the idea of divulging information about your account with a brokerage, then you could decide to share your trades, verified or otherwise, through photographs. Also included in Profit.ly are the vast number of courses in trading and the capability to see statistics on a person’s profile, and more ways to interact with your experts through the chatroom in addition to notifications via email or text as well as updates.
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Meet the Founder: Tim Sykes
Timothy Sykes is a well-renowned day trading guru who has been famously known for delving his hands into the penny-stock market. According to Investopedia Penny stock is a small business’s stock that trades for just less than 5 cents per share. Penny stock trading is an opportunity for small businesses to transition into a larger market because it allows them to access money from the general public. But don’t be mistaken – it can also be an extremely risky activity, as Sykes can surely tell through his many years of experience.
Since his initial beginnings in his late years in High School, Tim Sykes has, since then, made over $6 million of profit during his long and successful career as a trader. When he was 25 years old, he had been given greater exposure and an even wider influence over time as a participant in the reality series “Wall Street Warriors.” He took advantage of it to establish trading rooms and penny stock themes as well as educational content targeted at those who are 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 educational sources, trade alerts and other helpful stuff provided by the company’s internal gurus. Gurus are referred to the trading experts who have proven to make significant amounts of profit from their collective years of experience. Try Timothy Sykes Free
At its height, Profit.ly had housed up to five gurus. Each of them a pro in their field of expertise within the world of trading. Some of the most famous experts included Connor Bruggermann, Nathan Michaud of Investors Underground, and Triforce, among a few others. As of this writing, however, only two gurus remain on the platform: the founder as well as penny-stock trader Tim Sykes and veteran smallcap swing trader Paul Scolardi, also known as Superman. With that taken into consideration, let’s take a look at the packages each guru can offer.
From Tim Sykes: Tim’s Alerts
Sykes provides an essential stock trading service which focuses on penny-stock day trading via Tim’s Alerts. At $74.95 per month, you’ll observe him focus on fundamental stock catalysts and use them to predict the next move that is possible when trading.
A purchase on its own in Tim’s Alerts will get you access to the chatroom, as well as the mobile application that is available to iOS as well as Android devices, as well as email, text and push alerts; and a daily stock watchlist.
from Tim Sykes: The Pennystocking Silver Package
Pennystocking Silver is the highest-quality version that has been upgraded of the Tim’s Alerts program. At $149.95 per month, this is an ideal plan for those who are more invested in the penny-stock market. Pennystocking Silver includes all the basic features found in earlier plans such as swing trading alerts as well as unlimited access to an extensive library of over 7,000 educational videos that are updated weekly.
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In “Superman” Paul Scolardi: Superman Alerts
Scolardi who is known under the alias “Superman,” is a trader who has an eye for tiny-cap massive stocks as well as wildly accurate marketing forecasts. Since the time he started trading, Superman has amassed over $5.5 million in all-time trading profits. Try Timothy Sykes Free
The Superman Alerts plan is an offering of essential features and trading alerts targeted towards those who might be interested. For $147/month, you’ll get access to the daily stock watchlist that is premarket and the mobile application, daily market updates in real-time, as well as SMS and e-mail alerts.
The film “Superman” Paul Scolardi: Superman Pro
For $247 per month, you can enjoy additional features, plus access to the extensive knowledge base of information provided by Superman himself through the Superman Pro package. In addition to the basic features that are included in the Alerts plan, Superman Pro gives you daily video lessons, which include the growing collection of other previous ones. Additionally you’ll also have access to premium research reports and an IPO as well as earnings tracking tool.
Profit.ly Plans and Costs
If you’re eager to join the trading community on the internet and make a mark on the industry, Profit.ly has the right amount of tools to get you going. The platform has three membership tiers that cater to traders of different levels. Let’s take a look at what these three levels are and what they’ll cost you.
The Novice package is Profit.ly’s beginning-of-the-line plan specifically for those who are just beginning their journey to the trading world. When you sign up for this package you’ll be offered a range of strong and vital trading tools, all of them integral in keeping your fingers on what we call a competitive process by itself.
Among the list of things you can do using Profit.ly’s Novice package is the ability to verify trades and track profits; leading, following and even texting your fellow traders, as well as giving feedback on the trades of today. You’re also allowed to get onto leaderboards; study your trades, sort and filter your trades; and lastly, look at other’s stats.
The Novice plan will cost $29.95 per monthly payment. Although it looks attractive simply because of the price but there’s a disadvantage. You can’t create a private account, making your activities publicly available. If you’re interested in have the benefit of this service, keep an eye on us as we present to you Profit.ly’s new plan.
The Trader package lets you to take advantage of the majority of features available in the Novice plan. This plan allows that you can create a private profile for sharing with fellow associate users all your knowledge and intel in the trading community.
The price is $49.95/month, Profit.ly’s Trader plan is exactly what it says caters to those who desire to harness their trading skills. While it’s nice but there’s one important aspect that’s not included. Unlike the previous Novice package, this one won’t be able to see other traders’ stats, which might be a drawback for some who may be looking forward to this tier. Try Timothy Sykes Free
This is by far the highest expensive plan Profit.ly can offer to experienced traders. It costs $74.95 monthly, and a 22% discount for billing annually, this tier has everything. It gives you full, unlimited access to all features from the two previous plans.
You’re not only able to see other users’ stats, but you’re also given the opportunity to create a private profile. These two features are on top of all the advantages that you can utilize to the maximum extent. If you’re in search of an account that will give you everything you need as trader with experience, the Pro plan is ideal for you!
Profit.ly’s Other Services
Apart from the provided training tools and the Leaderboards Profit.ly provides a variety of additional services that it can offer. One of these is its online store, which lets users choose from a wide array of videos that are designed to educate and guide you through the ins and outs of trading. The products listed in this section of the site can be purchased immediately for personal use. Some of these include bestsellers like the “Trading Tickers” series by trading expert Tim Grittani, Timothy Sykes’s collection of DVDs, streaming-only content on short stocking, penny stocking, as well as all things trading-related, clips and clips taken from events like the Annual Pennystocking Conference, and other products by expert traders.
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Chat rooms integrated into Profit.ly 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 social and messaging platforms as well as some specialty websites that provide live chat support. But in Profit.ly the chat room is viewed as a hands-on place where gurus and their members trade and exchange knowledge in real-time. Every guru has their own style when it comes to running their chat room and dealing with the members there. One might be a laid-back person who is not very often engaged, while another could be more online and communicative to their pupils. Consider chat rooms like Profit.ly’s version of the forum, in essence.
Who is the best Trader for Profit.ly?
Profit.ly’s diverse range of products and features are geared towards a large variety of stock traders, ranging from beginners to experienced pros. Considering the number of offers it offers this platform definitely has something for every person.
Newbies, for instance, will appreciate 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 as well as their members. Additionally, they can select from the products from its online store that they can take with them wherever they go. You can also get hands-on experience trading on the platform, however, they will soon learn that this is a high-stakes game that shouldn’t be treated as an amusing pastime.
For the traders with many years of experience down the line, we believe Profit.ly equally suitable to them as people who are just beginning. While the newbies may not be as proficient in dealing with trading issues, the pros already understand how it works along with the risky mix associated with it. It is ideal to utilize Profit.ly’s variety of features to their best advantage to enhance their trading skills. Like novices, they can study from the gurus and experts , and use those simple tips and hints to help them along.
Profit.ly’s ‘all-together’ nature isn’t limited to novices and semi-experienced traders. Verified experts can also join in the excitement! Those in the trading industry who are at the same level as Superman and Tim Sykes can also use Profit.ly’s capabilities. Profit.ly’s capabilities to display their expertise to other traders as a way to help navigate them through the ever-changing trading process. Try Timothy Sykes Free
Profit.ly’s Pros and Cons
- Profit.ly’s diverse capabilities as a “one-stop’ stock trading platform allows it to provide traders everywhere with tons of learning tools, communication, and trading tools
- You get to be taught by experts and tips from the in-house gurus, including video libraries that teach you how to learn and live trading activity.
- You’re guaranteed transparency throughout Profit.ly with precise analytics and fellow traders that are waiting to reach you out if something occurs.
- The leaderboard feature of the platform offers you the opportunity to increase your reputation as a reliable and dependable trader
- Apart from its core capabilities, Profit.ly also gives its customers extra options that can be tailored to their individual preferences, for instance, posting unverifiable trades through images
- Profit.ly’s variety of subscription levels and guru packages are priced at reasonable prices There’s something for everyone
- Profit.ly’s numerous packages and services offered could not be enough for a lot of its users
- As traders may opt to make any type of trade, there’s the possibility that some of them will profit by selecting the best trades in order to increase the rating This could be a risk that shouldn’t be ignored.
- Profit.ly will not allow refunds as its premium users will immediately benefit from the number of services that the platform can provide
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The Final Verdict The Final Verdict: Is Profit.ly Valued?
If we could think of an appropriate answer for this query, it would be a ‘yes’. However, you must realize that this platform shouldn’t be viewed as a scheme to get rich quick. The platform wasn’t originally intended to be created in this way. Instead, it is best to keep curiosity. Try Timothy Sykes Free
What we mean”yes” is it can be a great learning tool. People who are stuck may be able to find Profit.ly’s array of resources useful when they try their best to reduce losses and perform better than before. It’s not just the struggling traders that will benefit from this platform. It can accommodate beginners and even experts in the field!
If you really desire to be better at trading and wish to be taught by your mentors and peers throughout the process, then you should look no further than Profit.ly. Profit.ly may be a great alternative to start.
FAQ Try Timothy Sykes Free
How can you make use of Profit.ly to make your trades public?
Profit.ly offers a trade entry portion within the ‘My Trade category on the dashboard that allows you to post your trades, verifiable or not. You may choose between three choices:
- Linking your account to the brokerage of choice and then importing the trades from that directly
- Manually entering your trades using specified spaces and information.
- Take a photo of your trades
How do I know whether the trade is authentic or not?
If you purchase your trade through a reliable brokerage, there is an excellent chance that it is verifiable. This is indicated with the blue check mark. If you submit it manually or through screenshots, it will automatically be classified as unverified.
The downside of having an unauthentic trade is the risk of receiving downvotes from colleagues. A large number of downvotes could cause you to show up on the Madoff leaderboard, which is where the public can see who’s fraudulent in posting trades.
Does the Profit.ly mobile app still in use?
As of the moment, Profit.ly is still available to download via the App Store for Apple and the Google Play store. The mobile app version works with all working smartphones and tablets.
How many people are connected to Profit.ly?
Profit.ly currently houses over 150,000 investors and traders, as they not only are looking to earn maximum profits but also assist each other to grow and learn more about acquiring opportunities in the stock market all over the world.