The stock market can be an exciting game with high stakes. On some days, you might enjoy the benefits of positive and satisfactory numbers. However, on other days you may experience the opposite and it can be extremely difficult to get back to where you were at your peak. If you’re always in the mud You will need to realize that relying on your instincts and preserving may not always be enough.
If you’ve suffered loss from time to time You’ll need sound advice from tried-and-tested trading experts. You’re also gonna need a significant boost from your fellow traders from around the globe. That’s why we’ve discovered 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, 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. To get a comprehensive overview of Profit.ly, you may still want to check out our article below.
Total Rating: 4.1/5 Which Episode Is Tim Sykes On Wall Street Warriors
Value: 4.1/5
Quality: 4.1/5
Costs: 4.1/5
The User’s Experience 4.5/5
Summary
Profit.ly can be described as an online platform for trading that enables traders of various levels to be informed, transparent, accountable, and uplifting with each other by offering a wide variety of tools and features including trade verification, chat rooms, and an enriched library of educational material.
How do I define Profit.ly?
Profit.ly is a trading website which serves as a learning and training platform for people who are starting out and as a hub for traders who are experienced to monitor their performance through the use of cutting-edge analytics tools. It provides users with a vast range of resources for communication and trade, it helps traders from all walks of life connect with each other. It also allows gurus to make worthy investments within the boundaries that the site. Imagine it as an online social media platform similar the likes of Facebook and Reddit, but for professionals and traders.
Profit.ly independently checks the performance of trades and posts all the 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 is humanly possible. It was created in the past by penny stock trade expert and investment guru Timothy Sykes, along with his colleague Michael Mosseri.
One time , during an appearance in Forbes magazine, Sykes declared that Profit.ly was driven by its focus “on showing the entire spectrum of trades, something which was never prior to.” This idea Sykes said served two goals: 1.) creating public track records for everyone, not just the experts as well as newsletter authors and students as well as) making it possible for anyone on the platform to gain insight into both the wins and losses to the benefit of the trading industry. Which Episode Is Tim Sykes On Wall Street Warriors
How Does It How Does It
Profit.ly is a subscription-based platform that allows stock traders to have access to a range of features and services aimed towards achieving the success of their business. You can create an account for free, but you’re limited to the capability to browse the leaderboard and observe the activities of people who aren’t gurus. If you’re interested in investing your money in order to find out what stocks the experts are trading in real time, you will need to join one of Profit.ly’s offers that we’ll go over shortly.
Setting up an account is easy: create an account that includes your personal information and skills, join to your brokerage account, and you’ll have an opportunity to make your way to the top of the leaderboard. Profit.ly’s leaderboard feature, as mentioned previously, is designed to give its users an insight into how the community of traders performs and its gurus. You’re not just allowed to demonstrate your worth to a group of traders, as you can also utilize Profit.ly to buy with a professional with the confidence that you are confident in their skills and the veracity of their claims.
If you’re not comfortable with the idea of divulging the details of your broker account then you could choose to publish your trades, verified or not, via screenshots. In Profit.ly are a variety of trading classes, the ability to view the stats of a trader’s account as well as other ways to interact with your experts via chatrooms along with 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 personality who has been famously known for his involvement in the penny-stock market. According to Investopedia the term “penny stock” is a small business’s shares that trade 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 they can access money from the general public. But don’t be mistaken – it can also be an extremely risky game, as Sykes can surely tell because of his decades of expertise.
Since his initial beginnings in his late years in High School, Tim Sykes has, since then, earned more than $6 million in profit during his long and successful career as trader. At 25 years old, he had been given greater exposure and a larger influence over time when he was a part of the reality TV show “Wall Street Warriors.” He then used the opportunity to create 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 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 tools, trade alerts and other useful stuff offered by the in-house experts of the platform. These gurus refer to the experts in trading who have proven to make substantial amounts of money from their combined years of expertise. Which Episode Is Tim Sykes On Wall Street Warriors
At its peak, 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 prominent experts included Connor Bruggermann, Nathan Michaud of Investors Underground, and Triforce, among a few others. As of this writing, only two gurus remain on this platform: Founder and 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 Sykes: Tim’s Alerts
Sykes provides basic stock trading services with the main priority being penny-priced day trading with Tim’s Alerts. At $74.95 monthly, you will see him focus on the fundamental catalysts for stocks and utilize them to forecast the next moves that could occur when making trades.
A standalone purchase in Tim’s Alerts will get you access to the chatroom, as well as the mobile app that’s available on iOS as well as Android devices, email, text and push alerts as well as a daily watchlist of stocks.
From Tim Sykes: The Pennystocking Silver Package
Pennystocking Silver is the premium version that has been upgraded of the Tim’s Alerts program. It costs $149.95 for a month this is an ideal plan for those who are invested in the penny-stock market. Pennystocking Silver comes with all the standard features that were included in earlier plans which includes alerts for swing trading and access to an extensive library of over 7,000 educational videos that are updated weekly.
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From “Superman” Paul Scolardi: Superman Alerts
Scolardi who goes under the alias “Superman,” is a swing trading professional with an eye for small-cap monumental stocks and crazy-accurate marketing forecasts. Through the years since the time he started trading, Superman has amassed over $5.5 million in total trading earnings. Which Episode Is Tim Sykes On Wall Street Warriors
The Superman Alerts plan is his package of vital features and trading alerts geared toward those who may be interested. For just $147 per month, you’ll have access to the daily premarket stock watchlist along with the mobile app, daily market commentary in real-time, as well as SMS and e-mail alerts.
From “Superman” Paul Scolardi: Superman Pro
For the price of $247, you receive additional features, as well as access to an extensive base of knowledge of information provided by Superman himself via his Superman Pro package. Alongside the standard features included in the Alerts plan, Superman Pro gives you weekly video lessons, including an ever-growing library of previous lessons. On top of that you’ll also gain the ability to access premium reports on research as well as an IPO as well as earnings tracking tool.
Profit.ly Programs and Costs
If you’re eager to join the trading community on the internet and leave your mark on the field, Profit.ly has the right amount of resources to get you going. Profit.ly offers three membership tiers that are designed to accommodate traders at different levels. Let’s break down what these three levels are and what they’ll 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 world of trading. When you sign up for this package, you will be immediately provided with a variety of powerful and essential trading tools, each one of them essential in keeping your hands on what we could call a ruthless procedure in its own.
Among the list of things you can do with Profit.ly’s Novice package is the capability to check trades and track profits as well as leading, following and even texting your fellow traders, as well as providing feedback on trades today. You can also get onto leaderboards; study the results of your analysis, sort, or filter the trades you make and, lastly, view other’s stats.
The Novice plan will cost $29.95 per month. Although it looks attractive simply because of the price, there is a downside. You aren’t able to create a personal profile, which makes your actions public. If you’re interested in gain the benefit of this service, you should stay tuned as we introduce to you Profit.ly’s new plan.
Trader Plan
The Trader package lets you to use many of the features of the Novice plan. This plan allows that you can set up an account that is private to share with other associates all your insights and knowledge you gain from the trading community.
The price is $49.95/month, Profit.ly’s Trader plan is exactly what it says: Cater for those looking to harness their expertise in trading. Although it’s a nice thing however, there’s a crucial feature that is missing. As opposed to the prior Novice package, you won’t be able to see other traders’ statistics, which could be a problem for some who may be anticipating this level. Which Episode Is Tim Sykes On Wall Street Warriors
Pro Plan
This is by far the most expensive plan Profit.ly offers to experienced traders. It costs $74.95 each month and an additional 22% discount for billing annually, this tier has everything. You will have full, unrestricted access to all options of the previous plans.
You’re not only able to view other people’s stats and data, but you also have the option of creating an individual profile. Both of these options, on top of all the benefits that you can use to the maximum extent. If you’re in search of a plan that can serve you with everything you require as trader with experience, the Pro plan is for you!
Profit.ly’s Other Services
In addition to the training tools and the leadersboards Profit.ly provides a variety of other services they provide. One of them is the online store, which allows users to choose from a wide array of video products that are designed to educate and provide guidance on the ins and outs of trading. The products listed in this section of the website is available to be immediately purchased for personal use. Some of these include bestsellers such as the “Trading Tickers” series by trader specialist Tim Grittani, Timothy Sykes’s collection of DVDs, streaming-only content related to short stocking, penny stocking, as well as all things trading-related, clips and footage of 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 range of services and features. You may be familiar with the chat room as you will see it on social and messaging platforms as well as some specialty websites that provide live chat assistance. But on Profit.ly, it is seen as a space where experts and their members trade and share knowledge in real-time. Every guru has their own style in running their chat rooms and in dealing with the members there. One of them may be laid back and rarely active, while another may be more interactive and online in their interactions with students. Think of the chat rooms as Profit.ly’s version of the forum, in its essence.
Who is the ideal 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. Given the wide range of options it offers this platform definitely has something for everyone.
Beginners, for instance, will appreciate Profit.ly’s library of learning content offered throughout the platform. Not only will they be provided with videos every week and chat room tips from the in-house experts and their members. They’ll also be able to select from the products from its online store that they can take with them wherever they may go. They can also gain hands-on experience trading on the platform, but ultimately, they will soon learn that trading is a risky game that shouldn’t be treated as an amusing pastime.
For the traders with years of exposure down the line, we believe Profit.ly as equally as suitable for them as it is for the newcomers. While novice traders may not be as well-equipped with dealing with trading issues, the pros already understand how it works and the stack full of risks that come with it. Ideally, they may use Profit.ly’s variety of features to their full advantage to develop their trading abilities. Like beginners, they can learn from the experts and experts and utilize those quick tips and tidbits to help them along.
Profit.ly’s ‘all-together’ nature does not only apply to beginners and semi-experienced traders. Experts who have been verified can also participate in the enjoyment! Those in the trading industry who are at similar levels to Superman or Tim Sykes can also use the power of Profit.ly’s abilities to show off their skills to others in order to guide them through the ever-illustrious trading process. Which Episode Is Tim Sykes On Wall Street Warriors
Profit.ly’s Pros and Pros and
The Pros
- Profit.ly’s many capabilities as a ‘one-stop’ platform for trading stocks allows traders from all over the world with tons of learning, communication, and trading tools
- You get to be provided with excellent lessons and tips from the in-house gurus, including video libraries that teach you how to learn and real-time trading activities
- You can be sure of complete transparency through Profit.ly with accurate analytics as well as other 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 verifiable trader
- In addition to its primary features, Profit.ly also gives its customers extra options that can be tailored to their preferences, such as posting unverifiable trades through photographs
- Profit.ly’s wide array of subscription plans and guru packages are priced at affordable rates There is truly something for every person
The Cons
- Profit.ly’s abundance of packages and products offered may not be enough for most of its customers
- As traders may opt to make any type of trade, there’s the possibility that some of them may take advantage by selecting the best trades in order to increase the rating this could be a risk that shouldn’t be overlooked.
- Profit.ly does not offer refunds as its premium users will immediately benefit from the number of services that the platform can offer
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The Final Concluding Question: Is Profit.ly Valued?
If we were able to come up with the answer, it would be an affirmative “yes”. But it is important to realize that it shouldn’t be treated as a quick-fix scheme to make money. The platform was not always meant to be designed in this way. Instead, you should have curiosity. Which Episode Is Tim Sykes On Wall Street Warriors
What we do mean by ‘yes’ is that it could be a useful learning tool. For those who are struggling, they might discover Profit.ly’s range of resources helpful when they try their best to incur lesser losses and be more successful than they did before. Not only struggling traders who will benefit from the platform. It is able to accommodate novices and even experts!
If you truly care about being better at trading and wish to learn from your fellows and gurus along the way, then take a look at Profit.ly. Profit.ly is a fantastic alternative to start.
FAQ Which Episode Is Tim Sykes On Wall Street Warriors
How can you make use of Profit.ly to post your trades?
Profit.ly includes an entry section for trades in the ‘My Trade section of the dashboard that lets you record your trades that are verified or not. You may choose between three choices:
- Linking your account to the brokerage of choice and importing transactions directly through there
- Manually entering your trades into the spaces provided and details
- Take a photo of your trades
How can I tell if the trade is verifiable or not?
If you purchase your trade from a reputable brokerage, there’s an excellent probability that it’s verifiable. This is indicated with the blue check mark. If you submit it in a manual way or by taking screenshots, it will automatically be classified as unverified.
The disadvantage of an unauthentic trade is the possibility of receiving downvotes from fellow peers. If you receive too many negative votes, it could cause you to show up on the Madoff leaderboard, which is where the public are able to identify who is fraudulent in posting trades.
Are the Profit.ly mobile app still available?
As of this writing, Profit.ly is still available to download via the App Store for Apple and on the Google Play store. The mobile app version works with all operating tablets and smartphones.
How many are connected to Profit.ly?
Profit.ly currently houses over 150,000 investors and traders since they’re not just trying to maximize profits but also help each other grow and learn more about acquiring stock market opportunities all over the world.
