Stock trading can be an exciting game with high stakes. On some days, you may have the benefit of positive and satisfactory numbers. On other days, the opposite may happen and it can be extremely difficult to get back to the point you were at your most productive. If you find yourself always in the mud it is important to realize that relying on pure instinct and preservation may not always be enough.
If you’ve suffered losses from time to time and you’re likely to require sound advice from tried-and-tested trading experts. You’re also gonna need an important boost from trading partners from all over the globe. That’s why we’ve discovered an option that can help you in your improvement within the field. In this review, we’ll take 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.
Overall Rating: 4.1/5 Is Timothy Sykes Still Married
Users Experience 4.5/5
Profit.ly can be described as an online platform for trading that permits traders of different levels to be knowledgeable responsible, transparent, and to build relationships with each other through its broad variety of tools and features such as chat rooms, trade verification as well as an extensive library of educational content.
How do I define Profit.ly?
Profit.ly is a trading website that functions as a training and learning platform for traders who are starting out as well as a place for traders who are experienced to monitor their performance using the aid of cutting-edge analytics tools. Offering users a broad variety of tools to facilitate trade and communication, it helps traders from all walks of life connect with one another. It gives the gurus worthy investments within the boundaries of this platform. Imagine it as an online social media platform similar like Facebook and Reddit, but for traders and experts.
Profit.ly independently verifies trade performances and publishes all data from them in the form of leaderboards. The platform for trading is built on transparency and honesty: it guarantees that the trades are valid and won’t accept fake news as long as is humanly possible. It was created many years ago by penny stock trade expert and investment expert Timothy Sykes, along with his colleague Michael Mosseri.
One time , during an interview with Forbes magazine Sykes said that Profit.ly was based “on showing every trade, something that has never been prior to.” The concept Sykes said served two objectives: one) creating public track records for all traders, not just the gurus, but also the newsletter writers and students, and 2) making it possible for anyone on the platform to learn from the losses and wins for the trading industry’s benefit. Is Timothy Sykes Still Married
How Does It Perform?
Profit.ly follows a subscription-based model that allows stock traders to gain access to a multitude of services and features geared towards achieving success. It is possible to create an account there at no cost, however you’re limited to 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 You’ll need to sign up to one of Profit.ly’s deals that we’ll discuss in the near future.
Setting up an account is simple: Create a profile with your experiences and knowledge, then connect to your brokerage account and you’ll have a chance to shoot your way up to the top of the leaderboard. Profit.ly’s leaders’ board feature as previously mentioned, is designed to give its users an insight into how the community of traders performs and its experts. It’s not only a chance to show your worth to a large group of traders. You can also use Profit.ly to buy with a guru, and have the assurance that you’re comfortable of their knowledge and the legitimacy of their assertions.
If you’re not comfortable with the concept of leaking information about your account with a brokerage, then you could choose to publish your trades, whether verified or otherwise, through screenshots. In Profit.ly are the vast number of trading classes, the ability to view statistics on a person’s profile and other methods to interact with your experts in the chatroom, in addition to notifications via email or text as well as updates.
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Meet Tim Sykes, the founder: Tim Sykes
Timothy Sykes is a well-renowned day trading guru who has been famously known for his efforts in trades in penny stocks. According to Investopedia Penny stock is a small business’s stock which trades at less than $5 per share. Penny stock trading is a stepping stone for small businesses to transition to a market that is larger as they can access capital from the general public. But don’t be mistaken – it can also be an extremely risky game, as Sykes will be able to tell you through his many years of experience.
Since his initial beginnings in the latter years of the high schools, Tim Sykes has, since then, made an estimated $6 million earnings through his lengthy career as a trader. When he was 25 years old Tim Sykes had received greater exposure and an even wider impact when he became part of the reality TV show “Wall Street Warriors.” He then took advantage of it to develop trading rooms, penny stock themes, and educational content geared toward those who are just beginning to learn about trading. He also played a role in establishing Profit.ly as a place of transparency and for the community to uplift and compete through the platform.
The Profit.ly Gurus
One of Profit.ly’s sweet inclusions is the variety of learning sources, trade alerts and other helpful stuff provided by the in-house experts of the platform. The gurus in question refer to the experts in trading who have made significant amounts of profit from their combined years of experience. Is Timothy Sykes Still Married
At its peak, Profit.ly had housed up to five gurus. Each of them a pro in their niche in the field of trading. 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, 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. When we take that into account Let’s look at what packaged deals each guru can offer.
From Tim Sykes: Tim’s Alerts
Sykes offers an essential stock trading service which focuses on penny stock day trading through Tim’s Alerts. The cost is $74.95 for a month you’ll be able to observe him focus on basic stock catalysts and employ them to forecast the next move that is possible when making trades.
A single purchase in Tim’s Alerts will get you access to the chatroom as well as the mobile application that is available on iOS and 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, with an upgraded version of Tim’s Alerts program. Priced at $149.95 monthly, this is a great option for those who are invested in the penny-stock market. Pennystocking Silver comes with all the standard features of earlier plans such as swing trading alerts and 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 is known under the name “Superman,” is a swing trading professional with an eye for both tiny-cap massive stocks as well as wildly accurate marketing forecasts. Since the time he started trading, Superman has amassed over $5.5 million in total trading earnings. Is Timothy Sykes Still Married
The Superman Alerts plan is his offer of the most essential features and trading alerts targeted towards those who might be interested. For $147/month, you’ll get access daily stock watchlist that is premarket and the mobile app, the daily market commentary in real-time, and email and SMS alerts.
The film “Superman” Paul Scolardi: Superman Pro
For $247 per month, you can enjoy additional features, plus access to an extensive base of knowledge of information provided by Superman himself through Superman Pro. Superman Pro package. Alongside the standard features that are included in the Alerts package, Superman Pro gives you daily video lessons, which 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 and an IPO or earnings monitor.
Profit.ly plans and costs
If you’re ready to join the online trading community and leave your mark on the market, Profit.ly has the right amount of resources to help you up and running. Profit.ly offers three membership tiers that are designed to accommodate traders of 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 entry-level plan designed especially for people who are brand new to the trading community. Once you have signed up for this plan, you will be immediately offered a range of strong and indispensable trading tools, all one of them essential in keeping your fingers on what can describe as a cutthroat procedure in its own.
The list of features you can do with Profit.ly’s Novice package include the capability to check the results of your trades and track profit; leading, following and even texting your fellow traders, as well as leaving feedback on today’s trades. You can also get on leaderboards, analyze, sort, or filter the trades you make and lastly, look at other people’s statistics.
The Novice plan will cost $29.95 per month. While it may look attractive for the price alone however, there’s a drawback. You aren’t able to create a personal profile, which makes your personal information public. If you do want to have an account with this option, you should keep an eye on us as we present to you Profit.ly’s next strategy.
The Trader plan allows you to take advantage of many of the features of The Novice package. It is in this plan that you are able to create a private profile to share with other associate users all the insights and knowledge you gain from trader’s community.
Costing $49.95/month, Profit.ly’s Trader plan is exactly what it says caters to those who desire to develop their trading skills. Although it’s a nice thing, there is one significant element that’s missing. Unlike the previous Novice package, this one won’t be able to see other traders’ stats this could be a problem for those anticipating this level. Is Timothy Sykes Still Married
The Pro plan is the most expensive plan Profit.ly can offer to experienced traders. At $74.95 per month, and 22% off when billed annually, this tier has it all. It gives you full, unlimited access to all the options of the previous plans.
Not only do you get to look at other people’s statistics and data, but you also have the opportunity to create your own private profile. Both of these options, on top of all the advantages that you can utilize to the maximum extent. If you’re in search of an account that will give you with everything you require as a skilled trader, maybe the Pro level is ideal for you!
Profit.ly’s Other Services
In addition to the training tools and the leaderboards, Profit.ly has a few more services it has to offer. One of these is its online store, which allows users to select from a variety of videos that are designed to educate and provide guidance on the ins and outs of trading. The products listed in this section of the website is available to be purchased immediately for personal use. Among these products include best-sellers such as”Trading Tickers,” the “Trading Tickers” series by trading expert Tim Grittani, Timothy Sykes’s library of DVDs and streaming-only content related to short stocking, penny stocking, and all other aspects of trading. There are also clips and footage of the Annual Pennystocking Conference, and other products by expert traders.
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The chat rooms that are integrated are included in Profit.ly’s array of services and features. You may be familiar with the concept of the chat room since you can find it throughout social and messaging platforms, as well as some specialty websites that provide live chat assistance. But on Profit.ly it’s seen as a place where gurus and their members trade and share knowledge in real-time. Every guru has their own style in operating their chat room and dealing with the members. Some may be a laid-back person who is rarely active, while another might be more active and in touch in their interactions with students. Think of chat rooms like Profit.ly’s version of the forum, in the essence.
Who is the Ideal trader to Profit.ly?
Profit.ly’s diverse range of products and features cater to a large variety of stock traders, ranging from beginners to experienced pros. Considering the number of offers it offers, the platform surely has something for everyone.
Newbies, for instance, will appreciate Profit.ly’s collection of educational content offered throughout the platform. In addition, they will get daily videos and chat room advice from its in-house gurus as well as their members. They’ll also be able pick from the merchandise available from its online store that they can take with them wherever they may travel. Additionally, they can gain practical experiences by trading through the platform, but eventually they’ll be able to realize that the process is a risky game that should not be viewed as a joke.
For traders who have years of exposure down the line, we see Profit.ly equally suitable for them as it is for people who are just beginning. While novice traders may not be as proficient in dealing with trading issues, the pros already understand how it works along with the stack full of risks that it carries. In the ideal scenario, they can make use of Profit.ly’s array of features to their best advantage to develop their trading skills. As beginners, they are able to learn from the experts and experts , and use those short tips and tricks to help them along.
Profit.ly’s ‘all-together’ nature isn’t limited to novices as well as semi-seasoned traders. Verified experts can also join in the excitement! Trade professionals who are on an equal level with Superman or Tim Sykes can also use Profit.ly’s capabilities. Profit.ly’s abilities to show off their skill to others as a way to help navigate them through the ever-changing trading process. Is Timothy Sykes Still Married
Profit.ly’s Pros and Pros and
- Profit.ly’s diverse capabilities as a “one-stop” stock trading platform enable it to provide traders everywhere with an abundance of knowledge, communication, and trading tools
- You get to be taught by experts and advice from the company’s internal experts, which include libraries of educational videos and live trading activity.
- You’re guaranteed transparency throughout Profit.ly with precise analytics as well as fellow traders who are ready to reach you out whenever something happens
- The leaderboard feature on the platform gives you a way to build your credibility as a trustworthy and dependable trader
- Apart from its core abilities, Profit.ly also gives its users extra options to suit their individual preferences, for instance, posting trades that are not authentic by taking screenshots
- Profit.ly’s diverse range of packages and subscription levels are priced at reasonable prices There’s something for all
- Profit.ly’s numerous products and packages offered might not be enough for the majority of its users
- Since traders can choose to make any type of trade, there is a possibility that some of them may take advantage by cherry-picking the best trades to boost their rating – this may 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 offer
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The Final Verdict The Final Verdict: Is Profit.ly worth it?
If we could come up with an appropriate answer for this query, it would be yes. But it is important to realize that it shouldn’t be treated as a scheme to get rich quick. The platform wasn’t originally intended to be created in this way. Instead, you should have an open mind. Is Timothy Sykes Still Married
What we are referring to”yes” is it is a fantastic learning tool. Those who may be stuck could be able to find Profit.ly’s array of resources useful in their efforts to incur lesser loss and perform better than they did before. It’s not just the struggling traders who will profit from the platform. It can accommodate beginners and even experts!
If you really care about being better at trading and wish to be taught by your mentors and peers throughout the process, then look no further – Profit.ly may be a great option to begin.
FAQ Is Timothy Sykes Still Married
What are the best ways to use Profit.ly to post your trades?
Profit.ly includes an entry section for trades in the ‘My Trade’ category of the dashboard that allows you to post your trades, either verified or otherwise. You may choose between three choices:
- Linking your account with your brokerage of choice and importing trades directly from there
- Manually entering your trades into the spaces provided and details
- Upload a screenshot of your transactions
How can I tell if the trade is verifiable or not?
If you import your trade from a reputable brokerage, there’s the likelihood that it can be verified. This is indicated with the blue check mark. If you upload it manually or through screenshots, it will automatically be classified as unverified.
The disadvantage of an unauthentic trade is the risk of getting downvotes from your colleagues. If you receive too many negative votes, it could result in you appearing at the top of the Madoff leaderboard, where people can see who’s untruthful in submitting trades.
Is the Profit.ly mobile app still in use?
At the time of writing, Profit.ly is still available for download on the App Store for Apple and in the Google Play store. The mobile version of the app is compatible with most working smartphones and tablets.
How many people are on Profit.ly?
Profit.ly is currently home to over 150,000 investors and traders, as they not only are trying to maximize profits but also help each other develop and grow in their ability to take advantage of opportunities in the stock market left and right.