The stock market can be an extremely risky game. On certain days, you may enjoy the benefits of positive and satisfactory numbers. However, on other days it could be the reverse, and it may sometimes be very difficult to get back to where you were at your best. If you’re always in the mud it is important to recognize that relying on instinct and survival may not always be enough.
If you’ve experienced losses from time to time You’ll need reliable advice from tested and tried trading experts. You’re also gonna need an enormous boost from your fellow traders from around the globe, which is why we’ve discovered an option that can help you in your growth in the market. In this review, we’ll be taking a look at Profit.ly, a well-recognized 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. Do check out our article below, however, because it has a comprehensive overview of Profit.ly.
Total Rating: 4.1/5 Wall Street Warriors Tim Sykes
Value: 4.1/5
Quality: 4.1/5
Costs: 4.1/5
Users Experience 4.5/5
Summary
Profit.ly is an online trading platform that enables traders of all levels to be knowledgeable responsible, transparent, and uplifting with each other through its broad variety of tools and features such as chat rooms, trade verification and a rich library of educational content.
What is Profit.ly?
Profit.ly is a trading site that serves both as a training and learning platform for those new to trading as well as a place for traders who are experienced to monitor their performance through the use of sophisticated analytics tools. Providing users with a wide array of options for trade and communication that help traders from all walks of life network with each other. It offers gurus with an opportunity to invest in the right areas that the site. Think of it as an online social media platform similar the likes of Facebook and Reddit but with a focus on professionals and traders.
Profit.ly independently verifies trade performances and publishes all data from them in the form of leaderboards. The trading platform is built on honesty and transparency: it guarantees that the transactions are legitimate and will not accept fake news as long as it is possible. It was founded years ago by the penny expert in stock trading and investment expert Timothy Sykes, along with fellow expert Michael Mosseri.
In an interview with Forbes publication, Sykes declared that Profit.ly was based “on showing every trade, something that was never done before.” The concept was, he said, serving two objectives: one) creating public track records for not just the gurus, but also the newsletter writers and students and secondly) making it possible for all users to learn from both losses and wins for the trading industry’s benefit. Wall Street Warriors Tim Sykes
How Does It Work?
Profit.ly utilizes a subscription model that allows stock traders to benefit from a variety 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 given the capability to browse the leaderboard and observe the activities of people who aren’t gurus. If you’re looking to invest your money to see what stocks the experts are trading in real-time it is necessary to join one of Profit.ly’s deals, which we will review in the coming days.
The process of opening an account is simple: Create an account that includes your personal information and expertise, connect to your brokerage account, and you’ll be given the chance to climb your way up to the top of the leaderboard. Profit.ly’s Leaderboard function, which was we’ve mentioned earlier was designed to offer its users an insight into the performance of the trading community as well as its experts. It’s not only a chance to demonstrate your worth to a community of traders, but you are also able to use Profit.ly to buy with a professional with the confidence that you are confident in their skills and the legitimacy of their claims.
If you’re not comfortable with the idea of divulging the details of your broker account you may decide to share your trades, whether verified or not, via pictures. In Profit.ly are the vast number of trading courses and the capability to see the stats of a trader’s account as well as other ways to interact with your experts in the chatroom, along with 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 well-known for delving his hands into penny stock trading. According to Investopedia Penny stock refers to a small-sized company’s shares that trade for under $5 for each share. The penny stock market is a stepping stone for small-scale businesses to make the transition to a large marketplace as they can access capital from the public. But don’t be mistaken – it can also be an extremely risky activity, as Sykes is sure to reveal through his many years of experience.
From his beginnings at the end of his time in High School, Tim Sykes has, since then, earned over $6 million of profits during his long and successful career as trading professional. At the age of 25 Sykes was given more exposure and a wider influence over time when he was a part of the reality show “Wall Street Warriors.” He then made use of the show to establish trading rooms as well as penny stock themes as well as educational content targeted at people who are brand new to the trading field. He also helped to 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 most appealing features is the vast array of educational resources, trade alerts, and other useful stuff offered by the company’s internal gurus. Gurus are referred to experts in the field of trading who have earned significant amounts of profit through their years of knowledge. Wall Street Warriors Tim Sykes
At its peak, Profit.ly had housed up to five gurus, each of them a professional 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 as well as a handful of others. As of this writing, however, only two gurus remain on this platform: Founder as well as penny-stock trader Tim Sykes and veteran smallcap swing trader Paul Scolardi, also known as Superman. When we take that into account, let’s take a look at the packaged offers each guru offers.
From Tim Sykes Tim Sykes
Sykes offers an essential stock trading service that focuses on penny stock day trading through Tim’s Alerts. At $74.95 monthly, you will observe him focus on basic stock catalysts and employ them to forecast the next possible moves in making trades.
A standalone purchase from Tim’s Alerts will get you access to the chatroom and the mobile app that’s available for iOS as well as Android devices, as well as 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 most premium, upgraded version of the Tim’s Alerts package. It costs $149.95 for a month it is the perfect plan for those who are involved in penny stock trading. Pennystocking Silver offers all the essential features of prior plans, such as swing trading alerts and unlimited access to an extensive collection of more than 7,000 educational videos and new videos released every week.
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The following video is from “Superman” Paul Scolardi: Superman Alerts
Scolardi, who goes by the alias “Superman,” is a professional in swing trading with an eye for tiny-cap massive stocks as well as wildly accurate marketing forecasts. In the time since he began as a trader, Superman has amassed over $5.5 million in trading profits. Wall Street Warriors Tim Sykes
The Superman Alerts plan is his offer of the most essential features and alerts on trading geared to those interested. For $147 per month, you’ll gain an access to the day-to-day premarket stock watchlist and the mobile application, daily market commentary in real-time, and SMS and e-mail 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 that is provided by Superman himself, via Superman Pro. Superman Pro package. Alongside the standard features that are included in the Alerts package, Superman Pro gives you weekly video lessons, including an ever-growing library of previous lessons. In addition you’ll also have an access to high-quality research papers and the IPO and earnings tracker.
Profit.ly plans and costs
If you’re eager to join the world of online trading and leave a mark in the market, Profit.ly has the right amount of resources to get you started. The platform has three membership tiers that are designed to accommodate traders with different levels. Let’s break down what these three are and how much they’ll cost you.
Novice Plan
This package for novices is Profit.ly’s basic plan that is designed specifically for people who are brand new to the trading community. Once you have signed to this plan you’ll be given a slew of robust and essential trading tools, each of them integral in keeping your hands on what we call a competitive process in and of itself.
Some of the features you can do using Profit.ly’s Novice program is the ability to verify trades and track profits; leading, following and even chatting with your fellow traders, as well as giving feedback on the trades of today. You’re also allowed to get on leaderboards; analyze your trades, sort and filter your trades and lastly, look at other’s stats.
The Novice plan is $29.95 per month. Although it might look appealing just by the price however, there’s a drawback. You aren’t able to create a personal profile, which makes your personal information public. If you do want to gain access to this feature, keep an eye on us as we present to you Profit.ly’s next strategy.
The Trader Plan
The Trader package allows you to take advantage of the majority of features available in the novice plan. In this plan, that you can create an individual profile that allows you to share with fellow associate users all the insights and knowledge you gain from the trading community.
Costing $49.95/month, Profit.ly’s Trader plan is exactly what it says catering to those who desire to develop their expertise in trading. Although it’s a nice thing but there’s one important element that’s missing. In contrast to the Novice package, you won’t be able view the statistics of other traders, which could be a disadvantage for those anticipating this level. Wall Street Warriors Tim Sykes
Pro Plan
The Professional plan can be described as the highest expensive plan Profit.ly could offer for seasoned traders. It costs $74.95 monthly, and 22% off for annual billing, this tier has everything. You get full, no-holds-barred access to all features from the two previous plans combined.
Not only do you get to see other users’ stats, but you’re also given the option of creating an individual profile. Both of these features, on top of all the benefits that you can use to their fullest capacity. If you’re looking for an account that will give you everything you need as a skilled trader, maybe the Pro plan is the right choice for you!
Profit.ly’s Other Services
In addition to the trainer tools and leadersboards Profit.ly offers a number of other services they offer. One of these is its online store, where customers can pick from a range of video products that are designed to educate and guide you through the ins and outs of trading. The products listed in this section of the website can be immediately purchased for personal use. Some of these include bestsellers like”Trading Tickers,” the “Trading Tickers” series by trading professional Tim Grittani, Timothy Sykes’s collection of DVDs, streaming-only content related to penny stocking, short stocking, and other related to trading, videos and clips of 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 array of services and features. You may be familiar with chat rooms since you can find it throughout social and messaging platforms as well as some specialty websites that offer live chat assistance. But on Profit.ly the chat room is viewed as a place where gurus and their members can interact and share knowledge in real-time. Every guru has their own way in running their chat rooms and in dealing with the members there. Some may be laid back and less active, while another might be more interactive and online in their interactions with students. Think of the chat rooms as Profit.ly’s version of the forum in the essence.
Who is the best trader to Profit.ly?
Profit.ly’s wide range of products and features are geared towards an array of stock traders, ranging from beginners to experienced pros. Considering the number of offers it can provide it is certain to have something for everyone.
Newbies, for instance, will appreciate Profit.ly’s collection of educational materials available across the platform. Not only will they get daily videos and chat room tips by its internal gurus and members. Additionally, they can pick from the merchandise available in its online store for them to take wherever they may be. Additionally, they can gain practical experiences from trading within the platform, but ultimately they’ll be able to realize that this is a risky game that should not be viewed as a joke.
For the traders with years of exposure down the line, we believe Profit.ly as equally as suitable for them as it is for people who are just beginning. While the newbies may not be as proficient in handling trading matters however, experienced traders know how it works and the plethora of risks that it carries. In the ideal scenario, they can make use of Profit.ly’s range of features to their full advantage to enhance their trading abilities. Like novices, they can learn from the top experts and experts , and use those simple tips and hints along the way.
Profit.ly’s ‘all-together’ nature 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 and Tim Sykes can also use the power of Profit.ly’s capabilities to showcase their skills to others as a way to help navigate them through the ever-changing trading process. Wall Street Warriors Tim Sykes
Profit.ly’s Pros and Cons
The Pros
- Profit.ly’s diverse capabilities as a ‘one-stop’ stock trading platform allows traders from all over the world with a wealth of education communications, trading, and communication tools
- You get to be provided with excellent lessons and advice from the company’s inside experts, as well as collections of educational videos as well as real-time trading activities
- You can be sure of complete transparency through Profit.ly by using accurate data and fellow traders who are ready to reach you out whenever something happens
- The leaderboard feature of the platform offers you the opportunity to increase your credibility as a trustworthy and dependable trader
- Apart from its main abilities, Profit.ly also gives its customers additional options to meet their preferences, such as posting trades that are not authentic by taking screenshots
- Profit.ly’s variety of packages and subscription levels are priced at affordable rates There is truly something for all
The Cons
- Profit.ly’s numerous packages and products offered may seem overwhelming for most of its users
- Since traders can choose to open any kind of trade, there’s the possibility that some of them could profit from selecting the best trades in order to improve their ratings 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 many services the platform has to offer
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The Final Concluding Question is: Is Profit.ly Worth It?
If we were able to come up with the answer, it would be a ‘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 designed to be used to achieve this goal. Instead, it is best to keep the ability to think with an open heart. Wall Street Warriors Tim Sykes
What we are referring to”yes” is it is a fantastic learning tool. People who are stuck might find Profit.ly’s range of resources helpful as they do their best to reduce loss and perform better than they did before. It’s not just the poor traders that can benefit from the platform. It can accommodate beginners and even experts!
If you truly care about being better at trading and wish to be taught by your fellows and gurus along the way, then you should look no further than Profit.ly. Profit.ly could be a good alternative to start.
FAQ Wall Street Warriors Tim Sykes
How do you use Profit.ly to make your trades public?
Profit.ly has an entry section for trades under the “My Trade’ category of the dashboard which lets you record your trades, either verified or otherwise. You may choose between three choices:
- Connecting your account to your broker of choice and import transactions directly through there
- Manually inputting your trades with specified spaces and information.
- Upload a screenshot 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 the probability that it’s verifiable. This is indicated with the blue check mark. If you upload it manually or through pictures, it will be classified as unverified.
The downside of having an unverified trade is the chance of receiving negative feedback from fellow peers. If you receive too many negative votes, it could cause you to be listed in the Madoff leaderboard, where people can detect who’s being dishonest in posting trades.
Does the Profit.ly mobile app still in use?
As of this writing, Profit.ly is still available to download via the Apple App Store and the Google Play store. The mobile version of the app is compatible with most functioning tablets and smartphones.
How many people are currently using Profit.ly?
Profit.ly currently houses over 150,000 traders and investors, since they’re not just looking to earn maximum profits but also assist each other to learn and improve in acquiring stock market opportunities both right and left.
