The stock market can be a high-stakes game. Some days, you could have the benefit of positive and satisfactory numbers. On other days you may experience the opposite, and it may sometimes be very difficult to return to the point you were at your most productive. If you are always in the mud it is important to realize that relying on instinct and survival may not always be enough.
If you’ve been incurring losses from time to time You’ll need solid advice from seasoned and tested trading experts. You’re also gonna need a significant boost from your fellow traders from around the globe, which is why we’ve found an option that can help you in your improvement in the industry. This review will take the time to 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.
Total Rating: 4.1/5 How Old Is Tim Sykes
Value: 4.1/5
Quality: 4.1/5
Costs: 4.1/5
The User’s Experience 4.5/5
Summary
Profit.ly offers an internet-based trading service that enables traders of various levels to be knowledgeable, transparent, accountable, and to build relationships with each other through its broad array of tools and features such as chat rooms, trade verification, and an enriched library of educational content.
What exactly is Profit.ly?
Profit.ly is a site for trading that serves both as a training and learning platform for people who are starting out and as a hub for traders who are experienced to monitor their performance through the use of sophisticated analytics tools. It provides users with a vast array of options to facilitate trade and communication and letting traders from all walks of life network with each other. It also allows gurus to make worthwhile investments within the confines of the platform. Think of it as the social media equivalent the likes of Facebook and Reddit but with a focus on experts and traders.
Profit.ly independently verifies trade performances and publishes all data of them in the manner of leaderboards. The platform for trading is built on trust and transparency. it guarantees that the trades are valid and won’t allow for fraud as much as is humanly possible. It was created many years ago by penny expert in stock trading and investment expert Timothy Sykes, along with the other expert Michael Mosseri.
One time during his interview for Forbes magazine Sykes said that Profit.ly was driven by its focus “on showing every trade, something that has never been done before.” This idea was, he said, serving two purposes: 1) making public records for all traders, not just the gurus, but also the newsletter authors and students and secondly) giving everyone on the platform to be enlightened by the losses and wins for the trading industry’s benefit. How Old Is Tim Sykes
How Does It How Does It
Profit.ly utilizes a subscription model that lets stock traders benefit from a variety of features and services aimed at achieving the success of their business. It is possible to create an account there for free, but you’re only limited to having the capability to browse the leaderboard and follow the activities of non-gurus. If you’re ready to invest your money and see which stocks the gurus are trading in real-time You’ll need to join one of Profit.ly’s offers, which we will discuss in the near future.
Making an account simple: Create an account that includes your personal information and expertise, connect to your brokerage account, and you’ll be given an opportunity to make through at the very top of the list. Profit.ly’s leaders’ board feature as mentioned previously, is designed to give its users a look at how the community of traders performs and its gurus. It’s not only a chance to prove your worth to a large group of traders, but you can also use Profit.ly to buy with a guru, and have the assurance that you’re comfortable with their expertise and the legitimacy of their assertions.
If you feel uneasy with the idea of sharing the details of your broker account you may choose to publish your trades, verified or not, by taking screenshots. Included in Profit.ly are the vast number of trading classes, the ability to view the stats of a trader’s account, and more ways to interact with your experts via chatrooms 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 trader who is well-known for his efforts in penny stock trading. According to Investopedia, a penny stock refers to a small-sized company’s shares that trade for less than $5 per share. The trading of penny stocks is a stepping stone for small companies to move to a large marketplace as it allows them to access funds from the public. However, don’t get it wrong – it can also be an extremely risky activity, as Sykes will be able to tell you because of his decades of expertise.
From his beginnings at the end of his time in the high schools, Tim Sykes has, since then, earned more than $6 million in profits throughout his illustrious career as trading professional. When he was 25 years old, he had been given more exposure and a wider reach of influence as a participant in the reality series “Wall Street Warriors.” He took advantage of it to establish trading rooms, penny stock themes, and educational content geared toward people who are brand new to trading. He also helped to establish Profit.ly as a place of openness, and for the community to uplift and compete against each other through the platform.
The Profit.ly Gurus
One of Profit.ly’s amazing features is the wide range of learning tools, trade alerts as well as other useful information provided by the platform’s in-house gurus. The gurus in question refer to experts in the field of trading who have made significant amounts of profit through their years of experience. How Old Is Tim Sykes
At its peak, Profit.ly had housed up to five gurus. Each of them a pro in their field of expertise in the field of trading. Some of the most famous experts were Connor Bruggermann, Nathan Michaud of Investors Underground, and Triforce, among a few others. At the time of 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. With that taken into consideration Let’s look at what packaged deals each guru has to offer.
From Tim Sykes Tim Sykes
Sykes provides an essential stock trading service with the main priority being penny-stock day trading via Tim’s Alerts. At $74.95 per month, you’ll be able to see him focus on the fundamental stock catalysts and use them to predict the next possible moves in making trades.
A purchase on its own of Tim’s Alerts will get you access to the chatroom, as well as the mobile app available for iOS as well as Android devices, as well as text, e-mail and push alerts and a daily stock watchlist.
from Tim Sykes: The Pennystocking Silver Package
Pennystocking Silver is the most premium version that has been upgraded of the Tim’s Alerts package. At $149.95 for a month it is a great option for those who are committed to the penny-stock market. Pennystocking Silver offers all the essential features that were included in the previous plan, which includes alerts for swing trading and access to an extensive collection of more than 7,000 educational videos and new videos released weekly.
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In “Superman” Paul Scolardi: Superman Alerts
Scolardi who goes under the alias “Superman,” is a trader who has an eye for both massive stocks of the small-cap size and insanely accurate marketing forecasts. In the time since he began as a trader, Superman has amassed over $5.5 million in trading earnings. How Old Is Tim Sykes
The Superman Alerts plan is his offer of the most essential features and alerts on trading geared toward those who may be interested. For $147 per month, you’ll gain access daily premarket stock watchlist as well as the mobile app, the daily market updates in real-time, and SMS and e-mail alerts.
From “Superman” Paul Scolardi: Superman Pro
For $247 per month, you can enjoy additional features, plus access to an extensive base of knowledge that is provided by Superman himself, via the Superman Pro package. Alongside the standard features featured in the Alerts plan, Superman Pro gives you weekly video lessonsthat include a growing library of all previous lessons. On top of that you’ll also gain an access to high-quality research papers as well as the IPO and earnings tracker.
Profit.ly plans and costs
If you’re eager to join the trading community on the internet and make a mark on the industry, Profit.ly has the right amount of resources to get you started. The platform has three membership levels, each designed for traders at different levels. Let’s break down what these three tiers 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 world. As you sign up for this package, you will be immediately given a slew of robust and indispensable 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 do with Profit.ly’s Novice program is the ability to confirm the results of your trades and track profit as well as leading, following and even chatting with your fellow traders; and providing feedback on trades today. You can also get on leaderboards; analyze the results of your analysis, sort, or filter the trades you make and lastly, look at other’s stats.
The Novice plan will cost $29.95 per monthly payment. Although it might look appealing just by the price but there’s a disadvantage. It isn’t possible to create a private profile, which makes your personal information public. If you do want to gain an account with this option, keep an eye on us as we present 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 plan. In this plan, that you are able to create a private profile for sharing with fellow associate users all the insights and intel in the trading community.
Priced at $49.95/month, Profit.ly’s Trader plan will do what the name implies caters for those looking to develop their trading skills. As nice as it seems however, there’s a crucial aspect that’s not included. In contrast to the Novice package, this one won’t be able to view other traders’ statistics that might be a drawback for some who may be anticipating this level. How Old Is Tim Sykes
Pro Plan
This is by far the most premium package that Profit.ly can offer to experienced traders. It costs $74.95 per month, which includes an additional 22% discount for billing annually This plan offers everything. You will have full, unrestricted access to all options of the previous plans combined.
Not only do you get to see other users’ stats as well, you’re also offered the option of creating an individual profile. Both of these options, on top of all the advantages that you can utilize to the fullest potential. If you’re in search of an account that will give you with everything you require as an experienced trader, the Pro plan 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 offer. One of these is its online store, which allows users to pick from a range of instructional videos that are that are designed to educate and guide you through the nuances and pitfalls of trading. All of the products featured on this page of the site can be bought immediately for your personal use. These include best-selling products like”Trading Tickers,” the “Trading Tickers” series from trading specialist Tim Grittani, Timothy Sykes’s collection of DVDs and streaming-only content on penny stocking, short stocking, as well as all related to trading, videos and footage from events like 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 features and services. You may be familiar with the chat room as you can find it throughout social and messaging platforms in addition to a few special websites that provide live chat assistance. But in Profit.ly it’s seen as a hands-on space where experts and their members can interact and learn in real time. Every guru has their own way in running their chat rooms and dealing with the members. One might be a laid-back person who is less active, while another might 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 best Trader for Profit.ly?
Profit.ly’s diverse range of products and features cater to the wide range of stock traders, ranging from novices to experienced professionals. With the variety of deals it can provide it is certain to have something for every person.
For instance, newbies will enjoy Profit.ly’s knowledge-based materials available across the platform. Not only will they be enriched with weekly videos and chat room advice by its internal gurus and members. They’ll also be able choose from the items on its store online that they can take with them wherever they may be. Additionally, they can gain practical experience trading on the platform, however they’ll realize that trading is a high-stakes game that shouldn’t be taken as an amusing pastime.
For the traders with years of exposure down the line, we believe Profit.ly equally suited for them as it is for those who are just starting. Although the novices might not be as well-equipped with handling trading matters, the pros already understand how it works along with the risky mix associated with it. In the ideal scenario, they can utilize Profit.ly’s array of features to their best advantage to improve their trading skills. As beginners, they are able to learn from the experts as well as experts, and take advantage of simple tips and hints along the way.
Profit.ly’s “all-inclusive” nature does not only apply to beginners and semi-experienced traders. Experts who have been verified can also participate in the excitement! People in the trade industry who are at the same level as Superman and Tim Sykes can also use up Profit.ly’s abilities to show off their skills to others in order to guide them through the ever-illustrious trading process. How Old Is Tim Sykes
Profit.ly’s Pros and Pros and
The Pros
- Profit.ly’s numerous capabilities as a “one-stop’ stock trading platform allows it to provide traders everywhere with an abundance of knowledge communications, trading, and communication tools
- You’ll be provided with excellent lessons and insights from its in-house gurus, including 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 as well as fellow traders that are waiting to reach you when something goes wrong.
- The leaderboard feature on the platform gives you a way to build your reputation as a reliable and verifiable trader
- Apart from its main capabilities, Profit.ly also gives its customers extra options that can be tailored to their individual preferences, for instance, posting unauthentic trades via images
- Profit.ly’s variety of subscription levels and guru packages are priced at affordable rates There is truly something for all
The Cons
- Profit.ly’s bountiful stream of packages and products offered may seem overwhelming for a lot of its customers
- As traders may opt to post any kind of trade, there’s the possibility that some of them will profit by picking the most profitable trades to increase the rating this could be a concern that should not be ignored.
- Profit.ly does not accept refunds because its premium users are expected to instantly benefit from the number of features the platform is able to offer
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The Final Verdict: Is Profit.ly Valued?
If we were able to come up with the answer, it’s a ‘yes’. But you need to understand that it shouldn’t be treated as a scheme to get rich quick. The platform wasn’t originally meant to be designed for this reason. Instead, you should have curiosity. How Old Is Tim Sykes
What we are referring to by ‘yes’ is that it is a fantastic learning tool. People who are stuck may discover Profit.ly’s range of resources helpful when they try their best to incur lesser loss and perform better than they did before. It’s not only the struggling traders who will benefit from the platform. It is able to accommodate novices and even experts!
So, if you genuinely want to become better at trading and wish to be taught by your mentors and peers along the way, then take a look at Profit.ly. Profit.ly is a fantastic choice to start.
FAQ How Old Is Tim Sykes
How do you use Profit.ly to post your trades?
Profit.ly has the option of allowing trade entries under the ‘My Trade category on the dashboard. It allows you to post your trades, either verified or not. You may choose between three options:
- Linking your account with your brokerage of choice and importing transactions directly through there
- Manually entering your trades using the spaces provided and details
- Send a screen shot of your trades
How do I know whether the trade can be verified or not?
If you buy your trade through a reliable brokerage, there’s the likelihood that it can be verified. This is shown by the small blue check. If you submit it manually or through screenshots, it will automatically be classified as unverified.
The drawback of posting an unverified trade is the chance of getting downvotes from your colleagues. If you receive too many negative votes, it could cause you to show up at the top of the Madoff leaderboard, which is where the public can detect who’s being untruthful in submitting trades.
Does the Profit.ly mobile application still available?
As of this writing, Profit.ly is still available to download from the App Store for Apple and on the Google Play store. The mobile version of the app works with all functioning tablets and smartphones.
How many are on Profit.ly?
Profit.ly currently houses more than 150,000 investors and traders, since they’re not just seeking to make the most profit but also to help one another learn and improve in acquiring opportunities on the stock market left and right.
