Stock trading is a high-stakes game. Some days, you might have the benefit of positive and satisfactory numbers. On other days, however you may experience the opposite, and it may sometimes be extremely difficult to return to where you were at your best. If you are always in the mud, you will have be aware that relying solely on pure instinct and preservation might not be enough.
If you’ve suffered loss from time to time, you’re gonna be needing solid advice from seasoned and tested trading experts. Also, you’ll need an important boost from fellow traders from around the globe, which is why we’ve discovered an online platform that will help you in your growth in the industry. We’ll take an in-depth look at Profit.ly is a well-known 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 Would You Buy Timothy Sykes
Value: 4.1/5
Quality: 4.1/5
Costs: 4.1/5
User Experience: 4.5/5
Summary
Profit.ly is an online trading platform that allows traders of different levels to be knowledgeable responsible, transparent, and uplifting with each other through its broad range of features and tools like chat rooms, trade verification as well as an extensive library of educational material.
What exactly is Profit.ly?
Profit.ly is a trading website that functions as a learning and training platform for people new to trading as well as a place for traders who are experienced to monitor their performance with the help of sophisticated analytics tools. Providing users with a wide range of resources to facilitate trade and communication and letting traders from every field of business connect with one another. It offers gurus with worthy investments within the boundaries of the platform. Imagine it as an online social media platform similar to Facebook and Reddit but with a focus on traders and experts.
Profit.ly independently checks the performance of trades and posts all the data of them in the manner of leaderboards. The platform’s trading model is based on transparency and honesty: it guarantees that the transactions are legitimate and will not accept fake news as long as possible. It was founded years ago by the penny stock trade expert and investment expert Timothy Sykes, along with his colleague Michael Mosseri.
One time during his interview for Forbes publication, Sykes stated that Profit.ly was driven by its focus “on showing the entire spectrum of trades, something which was never done before.” This idea Sykes said served two goals: 1.) keeping track of public data for all traders, not just the gurus as well as newsletter writers and students and secondly) allowing everyone on the platform to gain insight into the losses and wins to the benefit of the trading industry. Would You Buy Timothy Sykes
How Does It Perform?
Profit.ly is a subscription-based platform that allows stock traders to gain access to a multitude of tools and services that are geared towards achieving achievement. You may set up an account on the site for free, but you’re limited to the ability to navigate through the leaderboards and monitor the activities of people who aren’t gurus. If you’re ready to invest your money to see what stocks the experts are trading in real-time it is necessary to sign up to one of Profit.ly’s offers, which we will review in the coming days.
Making an account easy: create a profile with your experiences and skills, join to your brokerage account, and you have yourself an opportunity to make your way to at the very top of the list. Profit.ly’s leaderboard feature, as previously mentioned it is designed to provide its users an insight into how the community of traders performs as well as its experts. It’s not just a way to prove your worth to a community of traders, as you can also use Profit.ly to shop with a guru, and have the assurance that you’re confident with their expertise and the legitimacy of their assertions.
If you’re not comfortable with the concept of leaking your brokerage account, then you could choose to publish your trades, either verified or not, by taking screenshots. In Profit.ly is the huge selection of trading courses as well as the ability to look at stats in a trader’s profile as well as other ways to connect with your gurus in the chatroom, along with email and text alerts as well as 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 his involvement in trades in penny stocks. According to Investopedia Penny stock refers to a small company’s stock which trades at under $5 for each share. The penny stock market can be seen as an opportunity for small businesses to transition to a large marketplace as it allows them to access money from the public. However, don’t get it wrong – it’s also a high-risk game, which Sykes is sure to reveal because of his decades of experience.
From his beginnings in his late years in high school, Tim Sykes has, since then, made over $6 million of earnings during his long and successful career as trader. At the age of 25, he had been given greater exposure and a larger reach of influence when he became part of the reality TV show “Wall Street Warriors.” He then made use of the show to create trading rooms as well as penny stock themes and educational content geared toward those who are new to the trading field. He also helped establish Profit.ly as a place of transparency and for the community to lift each other up and compete against each other through the platform.
The Profit.ly Gurus
One of Profit.ly’s sweet inclusions is the variety of education sources, trade alerts and other useful stuff offered by the company’s internal gurus. These gurus refer to the experts in trading who have proven to make substantial amounts of money through their years of expertise. Would You Buy Timothy Sykes
At its height, Profit.ly had housed up to five gurus. Each of them a pro in their field of expertise in the trading industry. Some of the prominent experts were Connor Bruggermann, Nathan Michaud of Investors Underground, and Triforce as well as a handful of 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 the packaged offers each guru offers.
From Tim Sykes: Tim’s Alerts
Sykes provides an essential stock trading service which focuses on penny-stock day trading via Tim’s Alerts. Costing $74.95 monthly, you’ll be able to observe him focus on fundamental stock catalysts and use them to predict the next possible moves in trading.
A standalone purchase in Tim’s Alerts will get you access to the chatroom, as well as the mobile app available to iOS as well as Android devices; text, e-mail, and push alerts; and a daily stock watchlist.
Tim Sykes: From Tim Sykes: The Pennystocking Silver Package
Pennystocking Silver is the most premium version that has been upgraded of the Tim’s Alerts program. It costs $149.95 monthly, this is the perfect plan for investors who are involved in the penny-stock market. Pennystocking Silver comes with all the standard features that were included in earlier plans including swing trading alerts and unlimited access to a collection of more than 7,000 educational videos, with new ones released each 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. In the time since the time he started trading, Superman has amassed over $5.5 million in trading earnings. Would You Buy Timothy Sykes
The Superman Alerts plan is an offering of essential features and trading alerts geared towards those who might be interested. For just $147 per month, you’ll have access daily premarket stock watchlist as well as the mobile app, daily market updates in real time, and E-mail and SMS alerts.
The film “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 his Superman Pro package. On top of the essentials featured in the Alerts plan, Superman Pro gives you daily video lessons, which include the growing collection of the previous ones. On top of that you’ll also have an access to high-quality research papers and an IPO or earnings monitor.
Profit.ly Programs and Costs
If you’re eager to join the world of online trading and leave a mark in the field, Profit.ly has the right amount of resources to help you going. Profit.ly offers three membership tiers, each designed for traders of different levels. Let’s look at what the three are and how much they will cost you.
Novice Plan
The Novice package is Profit.ly’s entry-level plan designed especially for those who are just beginning their journey to the trading community. As you sign to this plan, you will be immediately given a slew of robust and essential trading tools, all of them integral in keeping your hands on what we call a competitive process in and of itself.
Some of the features you can accomplish with Profit.ly’s Novice program is the ability to verify trades and track profits as well as leading, following and even texting your fellow traders, as well as providing feedback on trades today. It also allows you to be onto leaderboards; study your trades, sort and filter your trades and, finally, see other’s stats.
The Novice plan will cost $29.95 per month. Although it might look appealing simply because of the price however, there’s a drawback. You aren’t able to create a personal profile, thus making your actions public. If you do want to have access to this feature, keep an eye on us as we present to you Profit.ly’s next plan.
Trader Plan
The Trader package allows you to take advantage of many of the features of The Novice package. This plan allows that you are able to create an individual profile that allows you for sharing with fellow associate users all the insights and intel in trader’s community.
The price is $49.95/month, Profit.ly’s Trader plan will do what the name implies: Cater people who want to harness their skills in trading. While it’s nice but there’s one important element that’s missing. As opposed to the prior Novice package, this one won’t be able to see other traders’ statistics this might be a drawback for those who are eager to try this new tier. Would You Buy Timothy Sykes
Pro Plan
This is by far the most luxurious package Profit.ly offers to experienced traders. It costs $74.95 per month, with 22% off when billed annually This plan offers it all. You get full, no-holds-barred access to all the options of the previous plans.
You’re not only able to view other people’s stats, but you’re also given the option of creating your own private profile. Both of these features, in addition to the advantages you’ll be able to use to their fullest capacity. If you’re looking for an option that gives all the features you need to be an experienced trader, the Pro level is for you!
Profit.ly’s Other Services
Apart from the tools for training and Leaderboards Profit.ly provides a variety of additional services that it can provide. One of these is its online store, which allows users to pick from a range of video products that are designed to educate and guide you through the ins and outs of trading. All of the products featured in this section of the website is available to be bought immediately for your personal use. Among these products include best-sellers like”Trading Tickers,” the “Trading Tickers” series from trading specialist Tim Grittani, Timothy Sykes’s collection of DVDs, streaming-only content about penny stocking, short stocking, as well as all related to trading, videos and footage from the Annual Pennystocking Conference, and other products by expert traders.
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Chat rooms integrated into Profit.ly are included in Profit.ly’s range of services and features. You are probably familiar with the concept of the chat room as you will see it on social and messaging platforms as well as some specialty websites that provide live chat assistance. However, in Profit.ly it’s seen as a place where gurus and their member traders can communicate and exchange knowledge in real-time. Every guru has their own way in running their chat rooms and dealing with the listed members. One might be a laid-back person who is not very often active, while another might be more online and communicative with their students. Think of the chatrooms as Profit.ly’s version of a forum, in essence.
Who is the ideal trader to Profit.ly?
Profit.ly’s diverse range of products and features cater to the wide range of stock traders, from novices to experienced professionals. Considering the number of offers it offers it is certain to have something for every person.
Newbies, for instance, will enjoy Profit.ly’s knowledge-based information available on the platform. They will also get daily videos and chat room advice by its internal gurus as well as their members. They’ll also be able to choose from the items in its online store to carry with them wherever they be. Additionally, they can gain practical experiences from trading within the platform, but eventually they’ll be able to realize that this is a risky game that shouldn’t be taken as an opportunity to make fun of.
For the traders with many years of experience down the line, we see Profit.ly as equally as suitable for them as it is for those who are just starting. Although the novices might not be as adept at dealing with trading issues, the pros already understand the way it functions and the stack full of risks that it carries. It is ideal to utilize Profit.ly’s range of options to their maximum advantage to enhance their trading abilities. Like novices, they can learn from the top experts and experts , and use those simple tips and hints to help them along.
Profit.ly’s “all-inclusive” nature doesn’t just apply to newbies as well as semi-seasoned traders. Certified experts can also take part in the fun! People in the trade industry who are at the same level as Superman or Tim Sykes can also use the power of Profit.ly’s abilities to show off their skills to others as a way to help assist them in the ever-changing trading process. Would You Buy Timothy Sykes
Profit.ly’s Pros and Pros and
The Pros
- Profit.ly’s diverse capabilities as a ‘one-stop’ stock trading platform enable it to provide traders everywhere with tons of learning tools, communication, and trading tools
- You get to be provided with excellent lessons and tips from the inside experts, as well as collections of educational videos as well as trading in real-time.
- You’re assured of transparency throughout Profit.ly with accurate analytics and fellow traders who are ready to reach you out if something occurs.
- The leaderboard feature of the platform offers you a way to build your reputation as a reliable and dependable trader
- Apart from its main abilities, Profit.ly also gives its customers extra options that can be tailored to their individual preferences, for instance, posting unauthentic trades via photographs
- Profit.ly’s variety 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 services offered could seem overwhelming for most of its users
- Since traders can choose to post any kind of trade, there’s an opportunity that some them may take advantage by cherry-picking the best trades to increase the rating This could be a risk that shouldn’t be simply overlooked
- Profit.ly will not allow refunds, as the premium customers are expected to instantly benefit from the number of services that the platform can provide
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The Final Concluding Question: Is Profit.ly worth it?
If we could think of the answer, it would be yes. But it is important to realize that this platform shouldn’t be viewed as a quick-fix scheme to make money. The platform wasn’t originally intended to be created in this way. Instead, you need to have an open mind. Would You Buy Timothy Sykes
What we do mean”yes” is that it can be a great learning tool. For those who are struggling, they could be able to find Profit.ly’s array of resources helpful as they do their best to avoid loss and perform better than they did before. It’s not only the struggling traders that will benefit from the platform. It is able to accommodate novices and even experts!
So, if you genuinely desire to be better at trading and wish to learn from your peers and experts on the way, you should look no further than Profit.ly. Profit.ly could be a good choice to start.
FAQ Would You Buy Timothy Sykes
How can you make use of Profit.ly to make your trades public?
Profit.ly has an entry section for trades under the “My Trade category on the dashboard. It lets you record your trades, verifiable or not. There are three options:
- Linking your account with your brokerage of choice and then importing trades directly from there
- Manually entering your trades into provided spaces and specifics
- Send a screen shot of your transactions
How can I tell whether the trade can be verified or not?
If you buy your trade from a reputable brokerage, there is an excellent likelihood that it can be verified. This is evident by the blue check mark. If you post it in a manual way or by taking screenshots, it will automatically be classified as unverified.
The disadvantage of an unauthenticated trade is the risk of getting downvotes from your colleagues. Too many downvotes may cause you to be listed in the Madoff leaderboard, which is where the public are able to identify who is fraudulent in posting trades.
Is the Profit.ly mobile app still in use?
As of this writing, Profit.ly is still available for download on the Apple App Store as well as on the Google Play store. The mobile version of the app is compatible with the majority of operating tablets and smartphones.
How many people are currently connected to Profit.ly?
Profit.ly currently houses over 150,000 traders and investors, because they are not just trying to maximize profits but also assist each other to learn and improve in acquiring opportunities on the stock market both right and left.
