The stock market can be an extremely risky game. On certain days, you might enjoy the benefits of positive and satisfactory numbers. On other days, the opposite may happen and it can be extremely difficult to get back to where you were at your best. If you’re immersed in the water You will need be aware that relying solely on pure instinct and preservation might not be enough.
If you’ve experienced loss from time to time, you’re gonna be needing reliable advice from tested and tried trading experts. You’re also gonna 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 improvement in the market. We’ll take an in-depth look at Profit.ly, a well-recognized 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. Do check out our article below, however, because it has a comprehensive overview of Profit.ly.
Total Rating: 4.1/5 How Old Is Timothy Sykes
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 permits traders of various levels to be knowledgeable, transparent, accountable, and uplifting with each other through its broad variety of tools and features including trade verification, chat rooms 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 education platform for those new to trading and as a hub for traders who are experienced to monitor their performance using the aid of cutting-edge analytics tools. It provides users with a vast variety of tools for communication and trade that help traders from all walks of life connect with each other. It gives the gurus an opportunity to invest in the right areas of this 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 validates trade performance and posts all the data from them in the form of leaderboards. The platform for trading is built on transparency and honesty: it guarantees that the trades are authentic and won’t accept fake news as long as is humanly possible. It was established in the past by penny expert in stock trading and investment expert Timothy Sykes, along with fellow expert Michael Mosseri.
One time , during an interview with Forbes magazine, Sykes declared that Profit.ly was based “on the transparency of all trades, something that was never prior to.” The idea Sykes said served two goals: 1.) keeping track of public data for not just the gurus as well as students and newsletter writers as well as) making it possible for all users to learn from both losses and wins to benefit the industry of trading. How Old Is Timothy Sykes
How Does It Perform?
Profit.ly is a subscription-based platform which allows stock traders to have access to a range of services and features geared at achieving success. You may set up an account for free, but you’re only given the ability to navigate through the leaderboard and observe the activities of people who aren’t gurus. If you’re looking to invest your money in order to find out what stocks the experts are trading in real time You’ll need to sign up to one of Profit.ly’s offers that we’ll discuss in the near future.
Making an account simple: Create an account with your experience and skills, join to your brokerage account, and you’ll have the chance to climb through high on the leaderboard. Profit.ly’s leaderboard feature, as we’ve mentioned earlier was designed to offer its users an insight into how the community of traders performs and its gurus. It’s not just a way to prove value to a group of traders. You can also use Profit.ly to buy 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 idea of divulging your brokerage account, you may decide to share your trades, whether verified or not, by taking pictures. In Profit.ly is the huge selection of trading courses and the capability to see stats in a trader’s profile and other methods to communicate with your gurus through the chatroom as well as 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 trader who is well-known for his involvement in trades in penny stocks. According to Investopedia the term “penny stock” is a small business’s stock that trades for just less than 5 cents per share. The penny stock market can be seen as an opportunity for small-scale businesses to make the transition into a larger market because it allows them to access funds from the public. But don’t be mistaken – it’s also a high-risk game, which Sykes will be able to tell you through his many years of experience.
From his beginnings at the end of his time in the high schools, Tim Sykes has, since then, made more than $6 million in profits during his long and successful career as trading professional. At the age of 25 Tim Sykes had received greater exposure and a larger reach of influence when he was a part of the reality series “Wall Street Warriors.” He took advantage of it to establish trading rooms as well as penny stock themes and educational content geared toward those who are just beginning to learn about the trading field. He also helped establish Profit.ly as a place for transparency, and for the community to uplift and compete with each other through the platform.
The Profit.ly Gurus
One of Profit.ly’s most appealing features is the wide range of education 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 earned significant amounts of profit through their years of expertise. How Old Is Timothy Sykes
At its peak, Profit.ly had housed up to five gurus. Each of them an expert in their niche within the world of trading. Some of the prominent gurus included Connor Bruggermann, Nathan Michaud of Investors Underground, and Triforce as well as a handful of others. As of this writing, however, only two gurus remain on the platform: the founder as well as penny-stock trader Tim Sykes and veteran smallcap swing trader Paul Scolardi, also known as Superman. When we take that into account, let’s take a look at what packaged deals each guru can offer.
From Tim Sykes Tim Sykes: Tim’s Alerts
Sykes offers an essential stock trading service that focuses on penny-priced day trading with Tim’s Alerts. At $74.95 for a month you’ll be able to observe him focus on basic stock catalysts and employ them to forecast the next moves that could occur when trading.
A single purchase from Tim’s Alerts will get you access to the chatroom as well as the mobile app available to iOS and Android devices, text, e-mail and push alerts as well as a daily watchlist of stocks.
Tim Sykes: From Tim Sykes: The Pennystocking Silver Package
Pennystocking Silver is the most premium version, with an upgraded version of Tim’s Alerts program. It costs $149.95 per month, it is the perfect plan for investors who are involved in the penny-stock market. Pennystocking Silver comes with all the standard features of prior plans, including swing trading alerts as well as unlimited access to a collection of more than 7,000 educational videos that are updated every week.
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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 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 all-time trading profits. How Old Is Timothy Sykes
The Superman Alerts plan is his offer of the most essential features and trading alerts targeted to those interested. For $147 per month, you’ll gain access to the daily stock watchlist that is premarket along with the mobile application, daily market updates in real time, and SMS and e-mail alerts.
The film “Superman” Paul Scolardi: Superman Pro
For $247 per month, you can enjoy additional features and access to an extensive base of knowledge that is provided by Superman himself via his Superman Pro package. Alongside the standard features included in the Alerts package, Superman Pro gives you weekly video lessons, including an ever-growing library of other previous ones. In addition, you’ll also get access to premium research reports and the IPO as well as earnings tracking tool.
Profit.ly Plans and Costs
If you’re looking to join the world of online trading and leave your mark on the field, Profit.ly has the right amount of resources to get you going. The platform offers three membership tiers, each designed for traders with different levels. Let’s take a look at what these three levels are and what they’ll cost you.
Novice Plan
This package for novices is Profit.ly’s basic plan that is designed specifically for those who are new to the trading world. As you sign up for this plan you’ll be offered a range of strong and essential trading tools, each of them integral in keeping your hands on what we could call a ruthless procedure in its own.
The list of features you can do using Profit.ly’s Novice package include the ability to verify trades and track profits and follow-up, leading, and even messaging other traders; and providing feedback on trades today. You’re also allowed to get on leaderboards, analyze your trades, sort as well as filter trades; and lastly, look at other’s stats.
The Novice plan will cost $29.95 per monthly payment. Although it looks attractive simply because of the price but there’s a disadvantage. You can’t create a private profile, which makes your personal information public. If you’re interested in have access to this feature, stay tuned as we introduce to you Profit.ly’s next strategy.
Trader Plan
The Trader package allows you to use a majority of features from The Novice package. It is in this plan that you are able to create a private profile for sharing with fellow associates all your insights and information you have gained from this trading group.
The price is $49.95/month, Profit.ly’s Trader plan does what the name suggests: Cater to those who desire to improve their skills in trading. Although it’s a nice thing but there’s one important aspect that’s not included. As opposed to the prior Novice package, you will not be able to view the statistics of other traders, which could be a disadvantage for those who are eager to try this new tier. How Old Is Timothy Sykes
Pro Plan
The Pro plan is the most luxurious package Profit.ly could offer for seasoned traders. It costs $74.95 per month, with an additional 22% discount for billing annually This plan offers everything. It gives you full, unlimited access to all features from the two previous plans.
In addition, you’ll be able to look at other people’s statistics as well, you’re also offered the opportunity to create an individual profile. These two features are on top of all the benefits that you can use to the fullest potential. If you’re looking for an account that will give you everything you need as trader with experience, the Pro level is for you!
Profit.ly’s Other Services
In addition to the training tools and the Leaderboards Profit.ly has a few additional services that it can offer. One of them is the online store, which allows users to select from a variety of instructional videos that are designed to inform and help you understand the ins and outs of trading. All of the products featured on this page of the website can be immediately purchased for personal use. Some of these include bestsellers like”Trading Tickers, “Trading Tickers” series from trading expert Tim Grittani, Timothy Sykes’s collection of DVDs and streaming-only content on penny stocking, short stocking, and other aspects of trading. There are also clips and scenes 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 will see it on messaging and social platforms, and also on a few specialty websites that provide live chat assistance. However, in Profit.ly, it is seen as a real-time area where experts and member traders can communicate and learn in real time. Every guru has their own style when it comes to running their chat room and dealing with the members there. One might be more laid back and rarely active, while another might be more online and communicative to their pupils. Think of the chat rooms like Profit.ly’s version of the forum, in its essence.
Who is the best trader to Profit.ly?
Profit.ly’s wide range of products and features are geared towards an array of stock traders, ranging from beginners to experienced pros. Given the wide range of options it offers it is certain to have something for everyone.
Beginners, for instance, will appreciate Profit.ly’s knowledge-based materials available across the platform. In addition, they will get daily videos and chat room tips by its internal gurus and their members. They’ll also be able pick from the merchandise available in its online store that they can take with them wherever they go. Additionally, they can gain practical experience trading on the platform, but ultimately they’ll be able to realize that this is a high-stakes game that should not be viewed as an amusing pastime.
For those traders who have had years of exposure down the line, we believe Profit.ly equally suitable for them as it is for the newcomers. Although the novices might not be as adept at dealing with trading issues but the experts already know how it works and the risky mix that it carries. In the ideal scenario, they can use Profit.ly’s range of features to their best advantage to develop their trading skills. As beginners, they are able to study from the gurus and experts , and use those short tips and tricks along the way.
Profit.ly’s “all-inclusive” nature does not only apply to beginners and semi-experienced traders. 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 the power of Profit.ly’s abilities to show off their skill to others as a way to guide them through the ever-illustrious trading process. How Old Is Timothy Sykes
Profit.ly’s Pros and Pros and
The Pros
- Profit.ly’s numerous capabilities as a “one-stop’ platform for trading stocks allows it to provide traders everywhere with an abundance of knowledge tools, communication, and trading tools
- You’ll be provided with excellent lessons and insights from its in-house gurus, including video libraries that teach you how to learn and live trading activity.
- You’re guaranteed transparency throughout Profit.ly by using accurate data as well as fellow traders ready to call you out whenever something happens
- The leaderboard feature on the platform gives you a way to build your credibility as a trustworthy and authentic trader
- In addition to its primary features, Profit.ly also gives its users extra options to suit their needs, like posting trades that are not authentic by taking screenshots
- Profit.ly’s variety of subscription levels and guru packages are priced at a reasonable cost There’s something for everyone
The Cons
- Profit.ly’s abundance of packages and products offered may not be enough for a lot of its customers
- As traders may opt to post any kind of trade, there’s a possibility that some of them could profit from selecting the best trades in order 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 will immediately take advantage of the numerous services the platform has to provide
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The Final Verdict: Is Profit.ly Valued?
If we were able to come up with an appropriate answer for this query, it would be yes. But it is important to realize that this platform shouldn’t be viewed as a scheme to get rich quick. The platform wasn’t originally meant to be designed in this way. Instead, you should have an open mind. How Old Is Timothy Sykes
What we mean”yes” is it is a fantastic learning tool. For those who are struggling, they could be able to find Profit.ly’s range of resources helpful as they do their best to incur lesser losses and be more successful than they did before. It’s not only the poor traders that can profit from the platform. It can accommodate beginners and even experts!
So, if you genuinely want to become a better trader and want to learn from your fellows and gurus on the way, you should look no further than Profit.ly. Profit.ly may be a great alternative to start.
FAQ How Old Is Timothy Sykes
How can you make use of Profit.ly to publish your trades?
Profit.ly offers a trade entry portion within the My Trade section of the dashboard which allows you to post your trades that are verified or not. You may choose between three choices:
- Linking your account with your brokerage of choice and importing the trades from that directly
- Manually entering your trades using provided spaces and specifics
- Upload a screenshot of your trades
How do I know if the trade is verifiable or not?
If you purchase your trade through a reliable brokerage, there’s an excellent probability that it’s verifiable. This is shown by the blue check mark. If you upload it in a manual way or by taking screenshots, it will automatically be assigned as unverified.
The disadvantage of an unauthenticated trade is the risk of receiving downvotes from colleagues. Too many downvotes may cause you to be listed at the top of the Madoff leaderboard, where people can see who’s untruthful in submitting trades.
Are the Profit.ly mobile application still available?
As of the moment, Profit.ly is still available to download via the Apple App Store and in the Google Play store. The mobile version of the app is compatible with most functioning tablets and smartphones.
How many people are currently connected to Profit.ly?
Profit.ly currently houses over 150,000 traders and investors, as they not only are seeking to make the most profit but also assist each other to develop and grow in their ability to take advantage of opportunities on the stock market left and right.
