Stock trading is an extremely risky game. On some days, you might have the benefit of positive and satisfactory numbers. On other days, however, the opposite may happen and it could be extremely difficult to return to where you were your best. If you’re constantly stuck in the gutter it is important 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 solid advice from seasoned and tested trading experts. Additionally, you’ll require an important boost from fellow traders from around the world, which is why we’ve identified a platform that can support you to improve your performance in the market. In this review, we’ll take the time to 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.
Overall Rating: 4.1/5 Is Timothy Sykes Still Married To Bianca
User Experience: 4.5/5
Profit.ly offers an internet-based trading service that enables traders of different levels to be informative and accountable, as well as transparent and encouraging each other by offering a wide range of features and tools like chat rooms, trade verification and a rich library of educational content.
What is Profit.ly?
Profit.ly is a site for trading which serves as a training and learning platform for those who are starting out and as a hub for traders who are experienced to monitor their performance through the use of cutting-edge analytics tools. It provides users with a vast range of resources to facilitate trade and communication and letting traders from all walks of life connect with one another. It gives the gurus worthwhile investments within the confines of this platform. Consider it the social media equivalent like Facebook and Reddit, but for traders and experts.
Profit.ly independently verifies trade performances and publishes all data of them in the manner of leaderboards. The platform’s trading model is based on honesty and transparency: it ensures that the trades are authentic and won’t tolerate inauthenticity as much as it is possible. It was created in the past by penny stock trade expert and investment guru Timothy Sykes, along with the other expert Michael Mosseri.
One time during his appearance in Forbes magazine Sykes stated that Profit.ly was motivated by its focus “on the transparency of all trades, something that was never previously done.” This idea, he added, served two purposes: 1) creating public track records for not just the gurus, but also the newsletter authors and students as well as) allowing everyone on the platform to learn from both losses and wins to the benefit of the trading industry. Is Timothy Sykes Still Married To Bianca
How Does It Perform?
Profit.ly follows a subscription-based model that allows stock traders to have access to a range of tools and services that are geared at achieving the success of their business. It is possible to create an account on the site for free, but you’re only given the capability to browse the leaderboard and follow the activities of people who aren’t gurus. If you’re looking to invest your money in order to find out which stocks the gurus are trading in real time it is necessary to subscribe to any of Profit.ly’s deals that we’ll review in the coming days.
The process of opening an account is easy: create an account that includes your personal information and expertise, connect to your brokerage account and you have yourself an opportunity to make your way to high on the leaderboard. Profit.ly’s leaders’ board feature as mentioned previously it is designed to provide its users a look at their performance as a trading group as well as its gurus. It’s not only a chance to prove your worth to a large group of traders, as you are also able to use Profit.ly to shop with a guru, and have the assurance that you’re confident of their knowledge and the legitimacy of their claims.
If you are unsure about the concept of leaking information about your account with a brokerage, you can opt to post your trades, either verified or not, by taking pictures. Included in Profit.ly is the huge selection of trading classes and the capability to see statistics on a person’s profile, and more ways to interact with your experts in the chatroom, in addition to notifications via email or text as well as updates.
Meet the Founder: Tim Sykes
Timothy Sykes is a well-renowned day trading guru who is well-known for his efforts in trades in penny stocks. According to Investopedia Penny stock refers to a small company’s shares that trade for less than $5 per share. The trading of penny stocks could be viewed as a stepping stone for small businesses to transition to a market that is larger as it allows them to access funds from the general public. But don’t make the mistake of thinking that it can also be an extremely risky activity, as Sykes will be able to tell you because of his decades of experience.
Since his initial beginnings at the end of his time in High School, Tim Sykes has, since then, earned more than $6 million in profit throughout his illustrious career as trader. When he was 25 years old, he had been given more exposure and a wider impact as a participant in the reality show “Wall Street Warriors.” He used the opportunity to create trading rooms as well as penny stock themes and educational material aimed at those who are new to the trading field. He also played a role in establishing Profit.ly as a place of transparency, and to allow the community to rise and compete through the platform.
The Profit.ly Gurus
One of Profit.ly’s amazing features is the wide range of education tools, trade alerts as well as other useful information provided by the in-house experts of the platform. The gurus in question refer to the trading experts who have earned substantial profits from their collective years of knowledge. Is Timothy Sykes Still Married To Bianca
At its peak, Profit.ly had housed up to five gurus, all of them a professional in their field of expertise in the field of trading. Some of the prominent experts included Connor Bruggermann, Nathan Michaud of Investors Underground, and Triforce among others. At the time of writing only two gurus remain on this 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 look at the packaged offers each guru can offer.
From Tim Sykes Tim Sykes
Sykes offers an essential stock trading service which focuses on penny-priced day trading with Tim’s Alerts. The cost is $74.95 per month, you’ll be able to see him concentrate on the fundamental stock catalysts and use them to anticipate the next moves that could occur when making trades.
A standalone purchase in Tim’s Alerts will get you access to the chatroom as well as the mobile application that is available on 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 premium version, with an upgraded version of Tim’s Alerts package. Priced at $149.95 monthly, it is the perfect plan for those who are more invested in penny stock trading. Pennystocking Silver includes all the basic features that were included in the previous plan, including swing trading alerts as well as unlimited access to an extensive collection of more than 7,000 educational videos and new videos released weekly.
In “Superman” Paul Scolardi: Superman Alerts
Scolardi who goes under the alias “Superman,” is a swing trading professional with an eye for both small-cap monumental stocks and crazy-accurate marketing forecasts. Through the years since the time he started trading, Superman has amassed over $5.5 million in trading profits. Is Timothy Sykes Still Married To Bianca
The Superman Alerts plan is his package of vital features and alerts on trading geared to those interested. For $147 per month, you’ll gain an access to the day-to-day premarket stock watchlist as well as the mobile app, daily market commentary in real time, and email and SMS alerts.
In “Superman” Paul Scolardi: Superman Pro
For $247 per month, you can enjoy additional features, plus access to the extensive knowledge base of information provided by Superman himself through his Superman Pro package. On top of the essentials that are included in the Alerts plan, Superman Pro gives you daily video lessons, which include a growing library of all the previous ones. On top of that you’ll also gain an access to high-quality research papers as well as an IPO as well as earnings tracking tool.
Profit.ly Programs and Costs
If you’re ready to join the world of online trading and make a mark on the industry, Profit.ly has the right amount of tools to get you started. Profit.ly offers three membership tiers that cater to traders at different levels. Let’s take a look at what these three tiers are and how much they’ll cost you.
The Novice package is Profit.ly’s beginning-of-the-line plan specifically for those who are just beginning their journey to the world of trading. As you sign to this plan you’ll be given a slew of robust and indispensable trading tools, each of which is essential to keep your fingers on what we could call a ruthless process by itself.
The list of features you can accomplish using Profit.ly’s Novice package is the capability to check the results of your trades and track profit; leading, following, and even messaging your fellow traders; and leaving feedback on today’s trades. It also allows you to be on leaderboards, analyze the results of your analysis, sort, and filter your trades; and, lastly, view the statistics of other traders.
The Novice plan costs $29.95 per month. Although it might look appealing just by the price however, there’s a drawback. You can’t create a private account, making your personal information public. If you’re interested in gain access to this feature, stay tuned as we introduce to you Profit.ly’s new plan.
The Trader Plan
The Trader package lets users to benefit from many of the features of the novice plan. It is in this plan that you can create an account that is private to share with fellow associate users all the insights and intel in the trading community.
The price is $49.95/month, Profit.ly’s Trader plan is exactly what it says: Cater for those looking to harness their trading skills. Although it’s a nice thing, there is one significant aspect that’s not included. In contrast to the Novice package, you won’t be able to view the statistics of other traders this might be a drawback for those who are anticipating this level. Is Timothy Sykes Still Married To Bianca
The Professional plan can be described as the most expensive plan Profit.ly offers to experienced traders. At $74.95 monthly, with 22% off when billed annually, this tier has it all. You get full, no-holds-barred access to all the features from the two previous plans combined.
In addition, you’ll be able to see other users’ stats, but you’re also given the chance to create your own private profile. These two features are on top of all the advantages that you can utilize to their fullest capacity. If you’re in search of a plan that can serve all the features you need to be a skilled trader, maybe the Pro tier could be ideal for you!
Profit.ly’s Other Services
Apart from the training tools and the leaderboards, Profit.ly has a few other services they offer. One of those is its online store, where customers can select from a variety of instructional videos that are designed to inform and help you understand the nuances and pitfalls of trading. All of the products featured in this section of the website can be purchased immediately for personal use. Among these products include best-sellers such as”Trading Tickers, “Trading Tickers” series by trader specialist Tim Grittani, Timothy Sykes’s collection of DVDs and streaming-only content about short stocking, penny stocking, and all other related to trading, videos and scenes of events like the Annual Pennystocking Conference, and products from other expert traders.
The integrated chat rooms are as well part of Profit.ly’s variety of features and services. You’re probably familiar with chat rooms since you can find it throughout messaging and social platforms, as well as some specialty websites that provide live chat assistance. But on Profit.ly the chat room is viewed as a area where experts and members trade and share knowledge in real-time. Every guru has their own style when it comes to running their chat room and in dealing with the members there. One might be more laid back and less active, while another may be more active and in touch with their students. Think of 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 experienced professionals. With the variety of deals it can provide, the platform surely has something for all.
Newbies, for instance, can take advantage of Profit.ly’s knowledge-based content offered throughout the platform. In addition, they will be enriched with weekly videos and chat room tips from the in-house experts and their members. They’ll also be able choose from the items in its online store for them to take wherever they may go. Additionally, they can gain practical experiences from trading within 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 those traders who have had decades of experience in the line, we believe Profit.ly equally suited for them as it is for the newcomers. Although the novices might not be as adept at handling trading matters however, experienced traders know how it works along with the plethora of risks that come with it. It is ideal to utilize Profit.ly’s array of options to their maximum advantage to enhance their trading abilities. Like novices, they can learn from the experts 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! Those in the trading industry who are on the same level as Superman and Tim Sykes can also use Profit.ly’s capabilities. Profit.ly’s capabilities to showcase their skill to others as a way to guide them through the ever-illustrious trading process. Is Timothy Sykes Still Married To Bianca
Profit.ly’s Pros and Pros and
- Profit.ly’s numerous capabilities as a “one-stop” stock trading platform enable it to provide traders everywhere with tons of learning communications, trading, and communication tools
- You’ll be taught by experts and advice from the company’s inside experts, as well as video libraries that teach you how to learn and live trading activity.
- You’re assured of transparency throughout Profit.ly by using accurate data and fellow traders that are waiting to reach you when something goes wrong.
- The platform’s leaderboard feature gives you the opportunity to increase your reputation as a reliable and verifiable trader
- In addition to its primary features, Profit.ly also gives its customers additional options to meet their individual preferences, for instance, posting trades that are not authentic by taking screenshots
- Profit.ly’s variety of packages and subscription levels are priced at a reasonable cost – there truly is something for every person
- Profit.ly’s numerous products and packages offered might be too much for most of its users
- Since traders can choose to open any kind of trade, there’s a possibility that some of them may take advantage by selecting the best trades in order to increase the rating this could be a risk that shouldn’t be ignored.
- Profit.ly does not accept refunds, as its premium users will immediately benefit from the many features the platform is able to provide
The Final Concluding Question The Final Verdict: Is Profit.ly Worth It?
If we could come up with an answer to this question, it’s a ‘yes’. But you need to understand that it shouldn’t be treated as a quick-fix scheme to make money. The platform was not always intended to be created to achieve this goal. Instead, it is best to keep an open mind. Is Timothy Sykes Still Married To Bianca
What we do mean”yes” is that it could be a useful learning tool. Those who may be stuck might find Profit.ly’s variety 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 can accommodate beginners and even experts!
So, if you genuinely want to become better at trading and wish to be taught by your peers and experts along the way, then you should look no further than Profit.ly. Profit.ly is a fantastic alternative to start.
FAQ Is Timothy Sykes Still Married To Bianca
How do you use Profit.ly to post your trades?
Profit.ly offers the option of allowing trade entries within the My Trade’ category of the dashboard. It allows you to post your trades, either verified or not. You may choose between three options:
- Linking your account with your broker of choice and import transactions directly through there
- Manually entering your trades into provided spaces and specifics
- Send a screen shot of your transactions
What can I do to determine whether the trade is authentic or not?
If you buy your trade through a reliable brokerage, there’s a high chance that it is verifiable. This is evident by the small blue check. If you post the information manually or via screenshots, it will automatically be assigned as unverified.
The drawback of posting an unauthentic trade is the risk of receiving negative feedback from fellow peers. If you receive too many negative votes, it could result in you appearing in the Madoff leaderboard, where people are able to identify who is fraudulent in posting trades.
Is the Profit.ly mobile application still available?
As of the moment, Profit.ly is still available to download via the Apple App Store as well as on the Google Play store. The mobile version of the app is compatible with the majority of working smartphones and tablets.
How many people are currently using Profit.ly?
Profit.ly currently houses more than 150,000 investors and traders, because they are not just trying to maximize profits but also to help one another learn and improve in acquiring stock market opportunities left and right.