Stock trading can be an exciting game with high stakes. On certain days, you might have the benefit of pleasing and positive numbers. On other days, the opposite may happen and it can be very difficult to get back to where you were at your most productive. If you are always in the mud, you will have to recognize that relying on instinct and survival may not always be enough.
If you’ve suffered losses 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 trading partners from all over the world, which is why we’ve found an option that can help you in your improvement in the market. This review will be taking an in-depth look at Profit.ly A well-respected all-in-one 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.
Overall Rating: 4.1/5 Who Is Timothy Sykes From Below Deck
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 allows traders of all levels to be knowledgeable, transparent, accountable, and uplifting with each other by offering a wide range of features and tools such as chat rooms, trade verification as well as an extensive library of educational content.
What exactly is Profit.ly?
Profit.ly is a site for trading which serves as a learning and training platform for traders new to trading as well as a place for traders with experience to keep track of their performance using the aid of cutting-edge analytics tools. Offering users a broad range of resources to facilitate trade and communication, it helps traders from every field of business connect with each other. It offers gurus with worthy investments within the boundaries that the site. Consider it a social media site akin the likes of Facebook and Reddit however it is geared towards professionals and traders.
Profit.ly independently checks the performance of trades and publishes all data from them in the style of leaderboards. The platform for trading is built on trust and transparency. it ensures that the trades are valid and won’t tolerate inauthenticity as much as is humanly possible. It was established many years ago by penny expert in stock trading and investment expert Timothy Sykes, along with fellow expert Michael Mosseri.
In an appearance in Forbes magazine, Sykes said that Profit.ly was driven by its focus “on showing every trade, something that was never done before.” The idea, he added, served two goals: 1.) making public records for everyone, not just the experts and newsletter writers and students, and 2) giving all users to learn from both the wins and losses for the trading industry’s benefit. Who Is Timothy Sykes From Below Deck
How Does It How Does It
Profit.ly is a subscription-based platform that lets stock traders have access to a range of services and features geared at achieving the success of their business. You can create an account there at no cost, however you’re limited to access to the leaderboard and observe the activities of people who aren’t gurus. If you’re ready to invest your money to see which stocks the gurus are trading in real time, you will need to join one of Profit.ly’s offerings that we’ll discuss in the near future.
Setting up an account is easy: create a profile with your experiences and expertise, connect to your brokerage account and you’ll be given a chance to shoot your way to high on the leaderboard. Profit.ly’s leaderboard feature, as previously mentioned it is designed to provide its users a glimpse of the performance of the trading community as well as its gurus. You’re not just allowed to prove value to a large group of traders. You are also able to use Profit.ly to purchase from a guru with the assurance that you’re comfortable with their expertise and the veracity of their assertions.
If you feel uneasy with the concept of leaking the details of your broker account then you could opt to post your trades, verified or not, by taking 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 as well as other ways to connect with your gurus in the chatroom, as well as 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 has been famously known for his efforts in the penny-stock market. According to Investopedia Penny stock is a small business’s stock which trades at less than $5 per share. The penny stock market could be viewed as an opportunity for small businesses to transition to a large marketplace as they can access funds from the general public. But don’t make the mistake of thinking that it’s also an extremely risky activity, as Sykes is sure to reveal thanks to his years of expertise.
Since his initial beginnings in the latter years of the high schools, Tim Sykes has, since then, earned over $6 million of earnings during his long and successful career as trader. At 25 years old Sykes was given greater exposure and a larger reach of influence when he was a part of the reality TV show “Wall Street Warriors.” Then, he used the opportunity to create trading rooms, penny stock themes, and educational content geared toward those who are new to trading. He also helped to establish Profit.ly as a platform for openness, and for the community to uplift and compete through the platform.
The Profit.ly Gurus
One of Profit.ly’s amazing features is the variety of education sources, trade alerts and other useful stuff offered by the in-house experts of the platform. The gurus in question refer to experts in the field of trading who have proven to make substantial amounts of money from their collective years of experience. Who Is Timothy Sykes From Below Deck
At its height, Profit.ly had housed up to five gurus. Each of them a professional within their particular field in the field of trading. Some of the most prominent gurus included Connor Bruggermann, Nathan Michaud of Investors Underground, and Triforce among others. At the time of writing, however, only two gurus remain on this platform: the founder of the penny stock market 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 packaged offers each guru offers.
From Tim Sykes Tim Sykes
Sykes provides basic stock trading services with the main priority being penny-stock day trading via Tim’s Alerts. Costing $74.95 per month, you’ll be able to see him concentrate on the fundamental stock catalysts and use them to predict the next moves that could occur when making trades.
A single purchase of Tim’s Alerts will get you access to the chatroom and the mobile application that is available for iOS as well as Android devices, texts, emails, and push alerts; and a daily stock watchlist.
Tim Sykes: From Tim Sykes: The Pennystocking Silver Package
Pennystocking Silver is the highest-quality, upgraded version of the Tim’s Alerts package. At $149.95 monthly, it is the perfect plan for investors who are invested in the penny-stock market. Pennystocking Silver includes all the basic features of prior plans, which includes swing trading alerts and unlimited access to a library of more than 7,000 instructional videos that are updated every week.
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In “Superman” Paul Scolardi: Superman Alerts
Scolardi who is known under the name “Superman,” is a professional in swing trading with an eye for tiny-cap massive stocks as well as wildly accurate marketing forecasts. Through the years since when he first started trading, Superman has amassed over $5.5 million in all-time trading profits. Who Is Timothy Sykes From Below Deck
The Superman Alerts package is his package of vital features and trading alerts targeted toward those who may be interested. For $147 per month, you’ll gain an access to the day-to-day premarket stock watchlist and the mobile app, daily market commentary shown in real-time, as well as SMS and e-mail alerts.
In “Superman” Paul Scolardi: Superman Pro
For $247 per month, you can enjoy additional features and access to the extensive knowledge base provided by Superman himself, via Superman Pro. Superman Pro package. Alongside the standard features included in the Alerts plan, Superman Pro gives you weekly video lessons, including the growing collection of other previous ones. On top of that you’ll also have the ability to access premium reports on research and the IPO or earnings monitor.
Profit.ly plans and costs
If you’re looking to join the trading community on the internet and make a mark on the field, Profit.ly has the right amount of resources to help you started. The platform offers three membership tiers, each designed for traders of 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 entry-level plan designed especially for people who are brand new to the trading world. As you sign to this plan, you will be immediately provided with a variety of powerful and essential trading tools, all of them integral in keeping your fingers on what we call a competitive process by itself.
Some of the features you can accomplish using Profit.ly’s Novice program is the ability to verify trades and track profits and follow-up, leading, and even messaging your fellow traders; and leaving feedback on today’s trades. You can also get on leaderboards, analyze, sort, and filter your trades and lastly, look at other people’s statistics.
The Novice plan will cost $29.95 per month. Although it might look appealing just by the price however, there’s a drawback. You can’t create a private profile, thus making your activities publicly available. If you do want to get access to this feature, you should be watching for us to introduce to you Profit.ly’s next strategy.
The Trader Plan
The Trader package lets users to benefit from many of the features of The Novice package. This plan allows that you can create an account that is private to share with fellow associates all your insights and information you have gained from this trading group.
Costing $49.95/month, Profit.ly’s Trader plan will do what the name implies caters people who want to improve their trading skills. While it’s nice, there is one significant aspect that’s not included. Unlike the previous Novice package, you will not be able to view other traders’ stats this could be a disadvantage for those who are eager to try this new tier. Who Is Timothy Sykes From Below Deck
Pro Plan
The Professional plan can be described as the highest luxurious package Profit.ly can offer to experienced traders. With $74.95 each month and a 22% discount for annual billing, this tier has everything. You get full, no-holds-barred access to all the options of the previous plans.
You’re not only able to see other users’ stats as well, you’re also offered the opportunity to create an individual profile. Both of these options, in addition to the 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 the right choice for you!
Profit.ly’s Other Services
In addition to the training tools and the leadersboards Profit.ly has a few other services they provide. One of these is its online store, which lets users select from a variety of video products created to help you understand the ins and outs of trading. Each of the offerings listed in this section of the website is available to be purchased immediately for personal use. Some of these include bestsellers like the “Trading Tickers” series by trader expert Tim Grittani, Timothy Sykes’s library of DVDs and streaming-only content related to short stocking, penny stocking, and other things trading-related, clips and clips from the Annual Pennystocking Conference, and products from other expert traders.
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Chat rooms integrated into Profit.ly are included in Profit.ly’s array of services and features. You may be familiar with the concept of the chat room as you can find it throughout messaging and social platforms, as well as some specialty websites that offer live chat support. However, in Profit.ly the chat room is viewed as a real-time space where experts and their members trade and exchange knowledge in real-time. Each guru has their style in operating their chat room and dealing with the listed members. One might be a laid-back person who is less engaged, while another could be more active and in touch to their pupils. Think of chatrooms as Profit.ly’s version of a forum, in its essence.
Who is the ideal Trader for Profit.ly?
Profit.ly’s variety of offerings and features caters to a large variety of stock traders, from novices to experienced professionals. With the variety of deals it can provide this platform definitely has something for every person.
Beginners, for instance, will appreciate Profit.ly’s knowledge-based content offered throughout the platform. Not only will they get daily videos and chat room tips from its in-house gurus and their members. They’ll also be able to choose from the items in its online store to carry with them wherever they travel. They can also gain hands-on experience trading on the platform, but ultimately, they will soon learn that this is a high-stakes game that should not be viewed as an opportunity to make fun of.
For the traders with decades of experience in the line, we see Profit.ly equally suitable for them as it is for people who are just beginning. While novice traders may not be as well-equipped with managing trading however, experienced traders know the way it functions and the risky mix that it carries. It is ideal to use Profit.ly’s variety of options to their maximum advantage to develop their trading abilities. Like novices, they can study from the gurus and experts and utilize those simple tips and hints to help them along.
Profit.ly’s ‘all-together’ nature isn’t limited to novices as well as semi-seasoned traders. Experts who have been verified can also participate in the enjoyment! People in the trade industry who are on similar levels to Superman as well as Tim Sykes can also use the power of Profit.ly’s capabilities to showcase their skill to others as a way to help assist them in the ever-changing trading process. Who Is Timothy Sykes From Below Deck
Profit.ly’s Pros and Pros and
The Pros
- Profit.ly’s many capabilities as a “one-stop” stock trading platform allows traders across the globe with tons of learning, communication, and trading tools
- You’ll receive excellent training and tips from the internal experts, which include video libraries that teach you how to learn and trading in real-time.
- You’re guaranteed transparency throughout Profit.ly with precise analytics and fellow traders who are ready to reach you when something goes wrong.
- The leaderboard feature of the platform offers you the opportunity to increase your credibility as a trustworthy and dependable trader
- Apart from its core features, 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 diverse range of packages and subscription levels are priced at affordable rates There is truly something for every person
The Cons
- Profit.ly’s abundance of packages and services offered could be too much for most of its customers
- If traders decide to post any kind of trade, there’s an opportunity that some them could profit from picking the most profitable trades to increase the rating This could be a risk that shouldn’t be overlooked.
- Profit.ly will not allow refunds because its premium users will immediately benefit from the many features the platform is able to provide
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The Final Verdict: Is Profit.ly Worth It?
If we were able to come up with an answer to this question, it’s a ‘yes’. But it is important to realize that it shouldn’t be treated as a get-rich-quick scheme. The platform was not always meant to be designed for this reason. Instead, you should have curiosity. Who Is Timothy Sykes From Below Deck
What we are referring to”yes” is it can be a great learning tool. People who are stuck may discover Profit.ly’s range of resources helpful when they try their best to avoid losses and perform better than before. It’s not just the poor traders that can benefit from the platform. It can accommodate beginners and even experts in the field!
So, if you genuinely want to become a better trader and want to be taught by your peers and experts along the way, then look no further – Profit.ly could be a good choice to start.
FAQ Who Is Timothy Sykes From Below Deck
What are the best ways to use Profit.ly to make your trades public?
Profit.ly offers the option of allowing trade entries under the “My Trade category on the dashboard. It allows you to post your trades, verifiable or not. You may choose between three options:
- Connecting your account to your broker of choice and import trades directly from there
- Manually inputting your trades with provided spaces and specifics
- Upload a screenshot of your trades
How do I know if the trade is verifiable or not?
If you buy your trade through a reliable brokerage, there’s an excellent chance that it is verifiable. This is indicated with the blue check mark. If you upload it manually or through screenshots, it will automatically be classified as unverified.
The disadvantage of an unauthenticated trade is the chance of receiving negative feedback from friends and colleagues. Too many downvotes may cause you to be listed in the Madoff leaderboard, where users are able to identify who is untruthful in submitting trades.
Is the Profit.ly mobile application still available?
At the time of writing, Profit.ly is still available to download from the App Store for Apple and in the Google Play store. The mobile version of the app works with all functioning tablets and smartphones.
How many people are currently on Profit.ly?
Profit.ly is currently home to over 150,000 traders and investors, since they’re not just looking to earn maximum profits but also to help one another grow and learn more about acquiring opportunities in the stock market left and right.
