The stock market can be an exciting game with high stakes. Some days, you may have the benefit of pleasing and positive numbers. On other days it could be the reverse and it could be extremely difficult to get back to the point you were at your best. If you are immersed in the water, you will have be aware that relying solely on pure instinct and preservation is not always enough.
If you’ve experienced occasional losses You’ll need solid advice from seasoned and tested trading experts. You’re also gonna need a significant boost from your trading partners from all over the globe, which is why we’ve identified an option that can help you to improve your performance in the market. This review will be taking an in-depth look at Profit.ly A well-respected single-stop social platform to trade!
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 Tim Sykes Birthday
Value: 4.1/5
Quality: 4.1/5
Costs: 4.1/5
User Experience: 4.5/5
Summary
Profit.ly is an online trading platform that allows traders of all levels to be knowledgeable, transparent, accountable, and encouraging one another through its wide variety of tools and features including chat rooms, trade verification as well as an extensive library of educational material.
How do I define Profit.ly?
Profit.ly is a trading website that serves both as a learning and training platform for traders new to trading and as a hub for experienced traders to track their performance through the use of sophisticated analytics tools. Offering users a broad variety of tools for trade and communication, it helps traders from every field of business connect with each other. It offers gurus with worthy investments within the boundaries of this platform. Think of it as a social media site akin like Facebook and Reddit however it is geared towards traders and experts.
Profit.ly independently validates trade performance and publishes all data of them in the manner of leaderboards. The platform for trading is built on honesty and transparency: it guarantees that the trades are authentic and won’t accept fake news as long as possible. It was created years ago by the penny stock trade expert and investment expert Timothy Sykes, along with his colleague Michael Mosseri.
One time , during an appearance in Forbes publication, Sykes stated that Profit.ly was motivated by its focus “on showing all trades, something that has never been prior to.” The idea Sykes said served two goals: 1.) creating public track records for all traders, not just the gurus and newsletter authors and students and secondly) allowing all users to gain insight into the losses and wins to the benefit of the trading industry. Tim Sykes Birthday
How Does It Work?
Profit.ly follows a subscription-based model that lets stock traders gain access to a multitude of tools and services that are geared towards achieving success. You may set up an account at no cost, however you’re limited to the capability to browse the leaderboard and follow the activities of people who aren’t gurus. If you’re ready to invest your money in order to find out which stocks the gurus are trading in real-time it is necessary to join one of Profit.ly’s deals that we’ll discuss in the near future.
The process of opening an account is simple: Create a profile with your experiences and skills, join your brokerage account, and you’ll have a chance to shoot through at the very top of the list. Profit.ly’s leaders’ board feature as we’ve mentioned earlier was designed to offer its users a look at their performance as a trading group as well as its gurus. It’s not just a way to demonstrate that you’re worthy to the group of traders. You can also use Profit.ly to shop with a professional with the assurance that you’re confident in their skills and the credibility of their claims.
If you are unsure about the concept of leaking your brokerage account, then you could decide to share your trades, whether verified or otherwise, through pictures. Also included in Profit.ly is the huge selection of courses in trading as well as the ability to look at statistics on a person’s profile and other methods to interact with your experts through the chatroom along with email and text alerts as well as updates.
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Meet Tim Sykes, the founder: Tim Sykes
Timothy Sykes is a well-renowned day trader who has been famously known for his efforts in trades in penny stocks. According to Investopedia the term “penny stock” refers to a small-sized company’s stock that trades for less than $5 per share. Penny stock trading is an avenue for small businesses to transition to a large marketplace as it gives them access to funds from the public. But don’t make the mistake of thinking that it can also be an extremely risky game, as Sykes is sure to reveal through his many years of expertise.
Since his initial beginnings in the latter years of High School, Tim Sykes has, since then, earned over $6 million of earnings during his long and successful career as a trader. At 25 years old Sykes was given greater exposure and a larger impact as a participant in the reality series “Wall Street Warriors.” Then, he used the opportunity to create trading rooms as well as penny stock themes as well as educational content targeted at those who are new to the trading field. He also helped to establish Profit.ly as a platform for transparency and for the community to lift each other up and compete with each other on the platform.
The Profit.ly Gurus
One of Profit.ly’s sweet inclusions is the vast array of learning tools, trade alerts and other useful stuff offered by the company’s internal gurus. These gurus refer to experts in the field of trading who have earned substantial profits from their collective years of expertise. Tim Sykes Birthday
At its height, Profit.ly had housed up to five gurus, all of them an expert in their niche in the trading industry. Some of the 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 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 we’ll take a look at the packages each guru has to offer.
From Tim Sykes Tim Sykes
Sykes provides a basic stock trading service that focuses on penny-stock day trading via Tim’s Alerts. At $74.95 per month, you’ll be able to observe him focus on fundamental catalysts for stocks and utilize 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 and the mobile app available on iOS and Android devices, as well as texts, emails, and push alerts; and a daily stock watchlist.
from Tim Sykes: The Pennystocking Silver Package
Pennystocking Silver is the highest-quality, upgraded version of the Tim’s Alerts package. It costs $149.95 monthly, it is the perfect plan for those who are more committed to penny stock trading. Pennystocking Silver comes with all the standard features of prior plans, including alerts for swing trading and access to a library of over 7,000 educational videos and new videos released weekly.
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In “Superman” Paul Scolardi: Superman Alerts
Scolardi, who goes by the alias “Superman,” is a professional in swing trading with an eye for 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 all-time trading earnings. Tim Sykes Birthday
The Superman Alerts package is his package of vital features and trading alerts targeted towards those who might be interested. For $147/month, you’ll get access to the daily stock watchlist that is premarket as well as the mobile application, daily market updates in real-time, as well as email and SMS alerts.
In “Superman” Paul Scolardi: Superman Pro
At $247/month, you get additional features, as well as access to an extensive base of knowledge that is provided by Superman himself, via the Superman Pro package. On top of the essentials included in the Alerts plan, Superman Pro gives you daily video lessons, which include a growing library of all previous lessons. In addition you’ll also gain the ability to access premium reports on research and the IPO or earnings monitor.
Profit.ly Plans and Costs
If you’re eager to join the online trading community and make a mark on the field, Profit.ly has the right amount of resources to get you started. The platform has three membership levels, each designed for traders with different levels. Let’s break down what these three are and how much they will cost you.
Novice Plan
The package called Novice is Profit.ly’s entry-level plan designed especially for people who are brand new to the trading world. As you sign up for this package, you will be immediately offered a range of strong and essential trading tools, each of them integral in keeping your fingers on what call a competitive process by itself.
Among the list of things you can accomplish with Profit.ly’s Novice package include the ability to verify trades and track profits and follow-up, leading and even texting your fellow traders; and providing feedback on trades today. It also allows you to be on leaderboards; analyze your trades, sort as well as filter trades and, finally, see other people’s statistics.
The Novice plan costs $29.95 per month. Although it might look appealing just by the price, there is a downside. You can’t create a private profile, thus making your activities publicly available. If you do want to gain the benefit of this service, stay tuned as we introduce to you Profit.ly’s next strategy.
The Trader Plan
The Trader package lets you to take advantage of many of the features of the Novice plan. In this plan, that you can create an account that is private to share with fellow associate users all your knowledge and information you have gained from the trading community.
The price is $49.95/month, Profit.ly’s Trader plan does what the name suggests catering for those looking to develop their trading skills. While it’s nice but there’s one important element that’s missing. Unlike the previous Novice package, you won’t be able to see other traders’ statistics, which could be a problem for those looking forward to this tier. Tim Sykes Birthday
Pro Plan
The Pro plan is the most luxurious package Profit.ly can offer to experienced traders. With $74.95 each month and 22% off when billed annually the Pro plan has it all. You will have full, unrestricted access to all the features of the prior plans.
You’re not only able to see other users’ stats and data, but you also have the opportunity to create your own private profile. Both of these features, on top of all the benefits that you can use to the maximum extent. If you’re in search of an account that will give all the features you need to be an experienced trader, the Pro level is the right choice for you!
Profit.ly’s Other Services
Apart from the provided tools for training and leaderboards, Profit.ly provides a variety of more services it has to offer. One of them is the online store, which allows users to choose from a wide array of instructional videos that are designed to inform and guide you through the nuances and pitfalls of trading. The products listed on this page of the website can be bought immediately for your personal use. These include best-selling products like”Trading Tickers, “Trading Tickers” series by trader professional Tim Grittani, Timothy Sykes’s collection of DVDs, streaming-only content on short stocking, penny stocking, as well as all related to trading, videos and scenes of the Annual Pennystocking Conference, and other products by expert traders.
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The integrated chat rooms are included in Profit.ly’s variety of features and services. You may be familiar with the concept of the chat room as you can see it across social and messaging platforms as well as some specialty websites that offer live chat assistance. But in Profit.ly the chat room is viewed as a real-time space where experts and their members trade and share knowledge in real-time. Every guru has their own way in running their chat rooms and in dealing with the members. One might be more laid back and rarely engaged, while another could be more online and communicative in their interactions with students. Consider chat rooms like Profit.ly’s version of a forum, in the essence.
Who is the Ideal Trader for Profit.ly?
Profit.ly’s wide range of products and features caters to an array of stock traders, from novices to experienced professionals. Considering the number of offers it can provide, the platform surely has something for every person.
Beginners, for instance, can take advantage of Profit.ly’s collection of educational materials available across the platform. Not only will they be provided with videos every week and chat room advice from its in-house gurus as well as their members. They’ll also be able to choose from the items on its store online to carry with them wherever they travel. Additionally, they can gain practical experiences by trading through the platform, however they’ll be able to realize that trading is a high stakes game that shouldn’t be treated as a joke.
For traders who have years of exposure down the line, we see Profit.ly equally suited for them as it is for the newcomers. While novice traders may not be as adept at managing trading but the experts already know the way it functions and the risky mix that come with it. Ideally, they may use Profit.ly’s range of features to their full advantage to improve their trading abilities. Like novices, they can learn from the top experts and experts and utilize those short tips and tricks along the way.
Profit.ly’s “all-inclusive” nature isn’t limited to novices and semi-experienced traders. Certified experts can also take part in the enjoyment! Those in the trading industry who are on the same level as Superman or Tim Sykes can also use the power of Profit.ly’s abilities to show off their skill to others as a way to assist them in the ever-changing trading process. Tim Sykes Birthday
Profit.ly’s Pros and Cons
The Pros
- Profit.ly’s many capabilities as a “one-stop” stock trading platform allows traders from all over the world with a wealth of education communications, trading, and communication tools
- You get to receive excellent training and advice from the company’s inside experts, as well as libraries of educational videos and trading in real-time.
- You’re guaranteed transparency throughout Profit.ly by using accurate data and fellow traders who are ready to reach you out if something occurs.
- The leaderboard feature of the platform offers 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 needs, like posting unauthentic trades via screenshots
- Profit.ly’s wide array of packages and subscription levels are priced at a reasonable cost – there truly is something for all
The Cons
- Profit.ly’s numerous packages and products offered may seem overwhelming for most of its customers
- As traders may opt to make any type of trade, there’s the possibility that some of them could profit from selecting the best trades in order to boost their rating – this may be a risk that shouldn’t be simply overlooked
- Profit.ly does not offer refunds, as the premium customers are expected to immediately benefit from the many services the platform has to provide
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The Final Concluding Question is: Is Profit.ly Valued?
If we could think of an appropriate answer for this query, it’s an affirmative “yes”. But it is important to realize that this platform shouldn’t be viewed as a scheme to get rich quick. The platform was not always designed to be used in this way. Instead, you should have an open mind. Tim Sykes Birthday
What we are referring to by ‘yes’ is that it could be a useful learning tool. People who are stuck might discover Profit.ly’s range of resources to be helpful in their efforts to reduce loss and perform better than they did before. It’s not only the struggling traders that will benefit from this platform. It is able to accommodate novices and even experts!
If you truly want to become a better trader and want to be taught by your peers and experts on the way, take a look at Profit.ly. Profit.ly is a fantastic alternative to start.
FAQ Tim Sykes Birthday
How can you make use of Profit.ly to publish your trades?
Profit.ly has the option of allowing trade entries in the My Trade category on the dashboard which lets you post your trades, verifiable 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 specified spaces and information.
- Take a photo of your transactions
What can I do to determine whether the trade can be verified or not?
If you buy your trade from a reputable brokerage, there’s a high chance that it is verifiable. This is indicated with the small blue check. If you upload it manually or through images, it will be classified as unverified.
The disadvantage of an unauthentic trade is the chance of receiving negative feedback from colleagues. A large number of downvotes could cause you to show up on the Madoff leaderboard, which is where the public can detect who’s being fraudulent in posting trades.
Are the Profit.ly mobile app still in use?
As of this writing, Profit.ly is still available to download from the Apple App Store and in the Google Play store. The mobile app version is compatible with the majority of operating tablets and smartphones.
How many people are using Profit.ly?
Profit.ly currently houses over 150,000 investors and traders, because they are not just trying to maximize profits but also assist each other to grow and learn more about acquiring opportunities in the stock market left and right.
