Stock trading is an exciting game with high stakes. On certain days, you could have the benefit of positive and satisfactory numbers. On other days it could be the reverse and it could be very difficult to return to where you were at your best. If you are constantly stuck in the gutter, you will have be aware that relying solely on pure instinct and preservation may not always be enough.
If you’ve been incurring losses from time to time and you’re likely to require sound advice from tried-and-tested trading experts. Additionally, you’ll require an important boost from colleagues in the market from all over the world, which is why we’ve found an online platform that will help you in your growth in the industry. We’ll be taking the time to look at Profit.ly is a well-known 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.
Total Rating: 4.1/5 How Much Is Timothy Sykes Information
The User’s Experience 4.5/5
Profit.ly is an online trading platform that permits traders of various levels to be informed and accountable, as well as transparent and to build relationships with each other through its broad variety of tools and features like chat rooms, trade verification and a rich library of educational content.
What exactly is Profit.ly?
Profit.ly is a site for trading that serves both as a learning and training platform for people who are just beginning their journey and also as a platform 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 all walks of life network with each other. It gives the gurus worthwhile investments within the confines of the platform. Think of it as a social media site akin like Facebook and Reddit however it is geared towards professionals and traders.
Profit.ly independently validates trade performance and then publishes the information from them in the style of leaderboards. The platform’s trading model is based on trust and transparency. it makes sure that trades are authentic and won’t tolerate inauthenticity as much as is humanly possible. It was founded many years ago by penny expert in stock trading and investment guru Timothy Sykes, along with his colleague Michael Mosseri.
One time , during an interview for Forbes magazine Sykes said that Profit.ly was based “on showing the entire spectrum of trades, something which was never done before.” This idea was, he said, serving two objectives: one) creating public track records for not just the gurus, but also the newsletter authors and students as well as) allowing all users to learn from both the wins and losses to benefit the industry of trading. How Much Is Timothy Sykes Information
How Does It Work?
Profit.ly utilizes a subscription model that allows stock traders to have access to a range of features and services aimed toward the success of their business. You may set up an account on the site for free, but you’re only given the ability to navigate through the leaderboard and follow 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 it is necessary to join one of Profit.ly’s offerings, which we will discuss in the near future.
Setting up an account is simple: Create an account that includes your personal information and knowledge, then connect to your brokerage account, and you have yourself an opportunity to make your way up to at the very top of the list. Profit.ly’s Leaderboard function, which was we’ve mentioned earlier it is designed to provide its users an insight into how the community of traders performs and its gurus. It’s not just a way to show your worth to a large group of traders, as you are also able to use Profit.ly to shop with a professional with the confidence that you are confident with their expertise and the credibility of their claims.
If you are unsure about the idea of divulging the details of your broker account then you could decide to share your trades, verified or otherwise, through pictures. Included in Profit.ly are a variety of trading courses and the capability to see stats in a trader’s profile, and more ways to communicate with your gurus in the chatroom, as well as text and e-mail alerts and updates.
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Meet the Founder: Tim Sykes
Timothy Sykes is a well-renowned day trading personality who is famously known for his efforts in trades in penny stocks. According to Investopedia Penny stock is a small business’s shares that trade for under $5 for each share. Penny stock trading is an avenue for small-scale businesses to make the transition to a large marketplace as it allows them to access money from the general public. But don’t be mistaken – it’s also a high-risk game, which Sykes can surely tell through his many years of expertise.
Beginning in his late years in High School, Tim Sykes has, since then, earned an estimated $6 million earnings throughout his illustrious career as trader. When he was 25 years old, he had been given greater exposure and an even wider reach of influence as a participant in the reality series “Wall Street Warriors.” He then took advantage of it to establish trading rooms, penny stock themes, as well as educational content targeted at those who are just beginning to learn about the trading field. He also played a role in establishing Profit.ly as a platform for transparency, and to allow the community to rise and compete with each other on the platform.
The Profit.ly Gurus
One of Profit.ly’s sweet inclusions is the vast array of educational tools, trade alerts and other useful stuff offered by the in-house experts of the platform. Gurus are referred to the trading experts who have made substantial amounts of money from their combined years of expertise. How Much Is Timothy Sykes Information
At its height, Profit.ly had housed up to five gurus, all of them an expert within their particular field in the field of trading. Some of the most prominent experts were Connor Bruggermann, Nathan Michaud of Investors Underground, and Triforce, among a few others. At the time of writing, there are only two gurus who 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 packaged offers each guru can offer.
From Tim Sykes Tim Sykes
Sykes offers an essential stock trading service that focuses on penny-priced day trading with Tim’s Alerts. Costing $74.95 monthly, you’ll be able to observe him focus on fundamental catalysts for stocks and utilize them to forecast 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 on iOS as well as Android devices; texts, emails and push alerts as well as a daily watchlist of stocks.
Tim Sykes: From Tim Sykes: The Pennystocking Silver Package
Pennystocking Silver is the highest-quality version, with an upgraded version of Tim’s Alerts package. It costs $149.95 per month, this is an ideal plan for investors who are invested in the penny-stock market. Pennystocking Silver offers all the essential features of the previous plan, including swing trading alerts and unlimited access to an extensive library of more than 7,000 instructional videos, with new ones released weekly.
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The following video is from “Superman” Paul Scolardi: Superman Alerts
Scolardi who goes under the name “Superman,” is a professional in swing trading with an eye for small-cap monumental stocks and crazy-accurate marketing forecasts. In the time since when he first started trading, Superman has amassed over $5.5 million in trading earnings. How Much Is Timothy Sykes Information
The Superman Alerts package is his offer of the most essential features and trading alerts targeted toward those who may be interested. For $147 per month, you’ll gain access daily premarket stock watchlist along with the mobile application, daily market commentary in real-time, as well as email and SMS alerts.
The film “Superman” Paul Scolardi: Superman Pro
At $247/month, you get additional features, plus access to a knowledgeable base of information provided by Superman himself through Superman Pro. Superman Pro package. On top of the essentials included in the Alerts package, Superman Pro gives you weekly video lessonsthat include a growing library of all other previous ones. On top of that you’ll also gain the ability to access premium reports on research as well as an IPO or earnings monitor.
Profit.ly Plans and Costs
If you’re eager to join the online trading community and leave a mark in the field, Profit.ly has the right amount of resources to help you started. Profit.ly offers three membership levels, each designed for traders of different levels. Let’s look at what the three are and how much they will cost you.
The package called Novice is Profit.ly’s beginning-of-the-line plan specifically for people who are brand new to the trading world. When you sign to this plan, you will be immediately given a slew of robust and essential trading tools, each of them integral in keeping your fingers on what can describe as a cutthroat procedure in its own.
Among the list of things you can do using Profit.ly’s Novice program is the ability to confirm trades and track profits as well as leading, following and even texting your fellow traders; and providing feedback on trades today. You’re also allowed to get on leaderboards; analyze, sort, or filter the trades you make; and lastly, look at the statistics of other traders.
The Novice plan will cost $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 account, making your actions public. If you do want to gain access to this feature, keep an eye on us as we present to you Profit.ly’s new plan.
The Trader Plan
The Trader plan allows users to benefit from the majority of features available in the novice plan. In this plan, that you can set up an account that is private for sharing with fellow associate users all your knowledge and intel in this trading group.
Costing $49.95/month, Profit.ly’s Trader plan is exactly what it says: Cater for those looking to harness their skills in trading. As nice as it seems however, there’s a crucial feature that is missing. Unlike the previous Novice package, you won’t be able view the statistics of other traders this could be a problem for those who are anticipating this level. How Much Is Timothy Sykes Information
The Professional plan can be described as the most luxurious package Profit.ly could offer for seasoned traders. At $74.95 monthly, which includes an additional 22% discount when billed annually, this tier has everything. You will have full, unrestricted access to all the options of the prior plans.
You’re not only able to view other people’s stats and data, but you also have the opportunity to create an individual profile. These two features are in addition to the benefits that you can use to their fullest capacity. 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 trainer tools and leaderboards, Profit.ly has a few more services it has to provide. One of those is its online store, which allows users to select from a variety of instructional videos that are that are designed to educate and guide you through the nuances and pitfalls of trading. The products listed on this page of the site can be bought immediately for your personal use. These include best-selling products like the “Trading Tickers” series by trading specialist Tim Grittani, Timothy Sykes’s collection of DVDs and streaming-only content on penny stocking, short stocking, and other related to trading, videos and clips taken from The Annual Pennystocking Conference, and other products by expert traders.
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The integrated chat rooms are included in Profit.ly’s range of services and features. You may be familiar with the concept of chat rooms since you can find it throughout social and messaging platforms as well as some specialty websites that provide live chat assistance. But in Profit.ly the chat room is viewed as a hands-on space where experts and their member traders can communicate and learn in real time. Each guru has their style when it comes to running their chat room and dealing with the listed members there. One of them may be more laid back and rarely active, while another may be more online and communicative 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 to Profit.ly?
Profit.ly’s variety of offerings and features caters to the wide range of stock traders, from novices to the most experienced. With the variety of deals it can provide, the platform surely has something for every person.
Beginners, for instance, will appreciate Profit.ly’s library of learning content offered throughout the platform. They will also get daily videos and chat room advice from its in-house gurus and their members. They’ll also be able pick from the merchandise available from its online store to carry with them wherever they go. Additionally, they can gain practical experience trading on the platform, however, they will soon learn that this is a risky game that shouldn’t be taken as a joke.
For those traders who have had years of exposure down the line, we believe Profit.ly equally suited to people who are just beginning. While the newbies may not be as well-equipped with handling trading matters, the pros already understand how it works along with the risky mix that come with it. Ideally, they may make use of Profit.ly’s range of features to their best advantage to enhance their trading abilities. Like beginners, they can learn from the top experts as well as experts, and take advantage of simple tips and hints to help them along.
Profit.ly’s ‘all-together’ nature does not only apply to beginners or semi-experienced trader. Verified experts can also join in the excitement! Those in the trading industry who are at an equal level with Superman as well as Tim Sykes can also use up Profit.ly’s abilities to show off their skills to others as a way to help assist them in the ever-changing trading process. How Much Is Timothy Sykes Information
Profit.ly’s Pros and Pros and
- Profit.ly’s diverse capabilities as a “one-stop’ stock trading platform allows traders across the globe with an abundance of knowledge tools, communication, and trading tools
- You get to be taught by experts and insights from its in-house gurus, including video libraries that teach you how to learn and live trading activity.
- 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 platform’s leaderboard feature gives you the opportunity to increase your credibility as a trustworthy and verifiable trader
- Apart from its core features, Profit.ly also gives its users extra options to suit their individual preferences, for instance, posting unverifiable trades through images
- Profit.ly’s wide array of subscription plans and guru packages are priced at affordable rates There is truly something for every person
- Profit.ly’s bountiful stream of packages and products offered may be too much for most of its customers
- Since traders can choose to make any type of trade, there is the possibility that some of them may take advantage by cherry-picking the best trades to boost their rating this could be a risk that shouldn’t be ignored.
- Profit.ly will not allow refunds as the premium customers are expected to immediately benefit from the number of services that the platform can provide
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The Final Verdict is: Is Profit.ly worth it?
If we could think of an appropriate answer for this query, it’s a ‘yes’. But it is important to realize that the platform should not be used as a quick-fix scheme to make money. It wasn’t meant to be designed in this way. Instead, you should have the ability to think with an open heart. How Much Is Timothy Sykes Information
What we do mean by ‘yes’ is that it is a fantastic learning tool. For those who are struggling, they could find Profit.ly’s range of resources helpful as they do their best to reduce losses and be more successful than they did before. It’s not just the poor traders that can benefit from the platform. It is able to accommodate novices and even experts in the field!
If you really care about being more successful in trading and would like to be taught by your peers and experts on the way, you should look no further than Profit.ly. Profit.ly may be a great alternative to start.
FAQ How Much Is Timothy Sykes Information
What are the best ways to use Profit.ly to publish your trades?
Profit.ly offers the option of allowing trade entries in the My Trade section of the dashboard. It lets you post your trades, either verified or not. There are three options:
- Linking your account to the brokerage of choice and then importing transactions directly through there
- Manually entering your trades using provided spaces and specifics
- Take a photo of your trades
How do I know whether the trade is authentic 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 small blue check. If you post it in a manual way or by taking pictures, it will be assigned as unverified.
The drawback of posting an unauthenticated trade is the chance of getting downvotes from your colleagues. Too many downvotes may result in you appearing in the Madoff leaderboard, where people can see who’s dishonest in posting trades.
Are the Profit.ly mobile app still in use?
As of this writing, Profit.ly is still available for download on the App Store for Apple and on the Google Play store. The mobile version of the app is compatible with the majority of functioning tablets and smartphones.
How many people are currently using Profit.ly?
Profit.ly currently houses more than 150,000 investors and traders because they are not just seeking to make the most profit but also to help one another develop and grow in their ability to take advantage of opportunities on the stock market all over the world.