Stock trading is a high-stakes game. On some days, you might enjoy the benefits of positive and satisfactory numbers. On other days, however, the opposite may happen, and it may sometimes be extremely difficult to get back to the point you were at your most productive. If you’re constantly stuck in the gutter You will need be aware that relying solely on pure instinct and preservation is not always enough.
If you’ve suffered loss from time to time You’ll need solid advice from seasoned and tested trading experts. Additionally, you’ll require an important boost from fellow traders from around the globe. That’s why we’ve discovered an online platform that will help you to improve your performance in the market. We’ll 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.
Overall Rating: 4.1/5 Tim Sykes Wife
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 permits traders of various levels to be knowledgeable, transparent, accountable, and to build relationships with each other through its broad variety of tools and features like trade verification, chat rooms and a rich library of educational content.
How do I define Profit.ly?
Profit.ly is a trading site that serves both as a training and learning platform for those who are starting out and also as a platform for traders with experience to keep track of their performance through the use of advanced analytics tools. It provides users with a vast array of options to facilitate trade and communication that help traders from every field of business connect with each other. It also allows gurus to make worthy investments within the boundaries of the platform. Imagine it as a social media site akin to Facebook and Reddit however it is geared towards experts and traders.
Profit.ly independently checks the performance of trades and publishes all data from them in the style of leaderboards. The trading platform is built on honesty and transparency: it ensures that the transactions are legitimate and will not allow for fraud as much as it is possible. It was established years ago by the penny stock trade expert and investment guru Timothy Sykes, along with the other expert Michael Mosseri.
In an interview with Forbes magazine, Sykes stated that Profit.ly was motivated by its focus “on the transparency of every trade, something that was never prior to.” This idea Sykes said served two goals: 1.) making public records for not just the gurus and newsletter authors and students as well as) making it possible for everyone on the platform to be enlightened by the losses and wins to benefit the industry of trading. Tim Sykes Wife
How Does It Work?
Profit.ly utilizes a subscription model which allows stock traders to have access to a range of features and services aimed towards achieving achievement. It is possible to create an account for free, but you’re only given the ability to navigate through the leaderboards and monitor the actions of non-gurus. If you’re ready to invest your money and see what stocks the experts are trading in real-time, you will need to join one of Profit.ly’s deals, which we will go over shortly.
Making an account easy: create a profile with your experiences and skills, join your brokerage account, and you’ll be given a chance to shoot your way to at the very top of the list. Profit.ly’s leaderboard feature, as mentioned previously, is designed to give its users an insight into their performance as a trading group and its experts. It’s not just a way to demonstrate value to a group of traders, but you can also utilize Profit.ly to buy with a professional with the confidence that you are confident of their knowledge and the veracity of their claims.
If you are unsure about the concept of leaking the details of your broker account then you could choose to publish your trades, 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 stats in a trader’s profile, and more ways to connect with your gurus through the chatroom as well as 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 personality who is well-known for his efforts in the penny-stock market. According to Investopedia Penny stock refers to a small company’s stock that trades for just less than 5 cents per share. Penny stock trading could be viewed as a stepping stone for small-scale businesses to make the transition to a market that is larger 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 thanks to his years of experience.
Since his initial beginnings in the latter years of the high schools, Tim Sykes has, since then, made more than $6 million in profit during his long and successful career as trader. At the age of 25 Sykes was given greater exposure and an even wider impact when he was a part of the reality show “Wall Street Warriors.” He then made use of the show 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 to allow the community to rise and compete through the platform.
The Profit.ly Gurus
One of Profit.ly’s sweet inclusions is the variety of education sources, trade alerts and other useful stuff offered by the platform’s in-house gurus. These gurus refer to the trading experts who have proven to make significant amounts of profit from their combined years of experience. Tim Sykes Wife
At its peak, Profit.ly had housed up to five gurus. Each of them a pro in their field of expertise in the trading industry. Some of the most prominent experts included Connor Bruggermann, Nathan Michaud of Investors Underground, and Triforce, among a few others. As of this writing, there are only two gurus who remain on the platform: Founder of the penny stock market Tim Sykes and veteran smallcap swing trader Paul Scolardi, also known as Superman. In light of that, let’s take a look at the packaged offers each guru can offer.
From Tim Sykes Tim Sykes
Sykes provides an essential stock trading service which focuses on penny-stock day trading via Tim’s Alerts. Costing $74.95 for a month you will observe him focus on fundamental catalysts for stocks and utilize them to forecast the next moves that could occur when trading.
A single purchase 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, text, e-mail and push alerts and a daily stock watchlist.
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 per month, this is the perfect plan for those who are invested in investing in penny stocks. Pennystocking Silver includes all the basic features that were included in the previous plan, including swing trading alerts and unlimited access to a collection of more than 7,000 educational videos, with new ones released each week.
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The following video is from “Superman” Paul Scolardi: Superman Alerts
Scolardi, who goes by the name “Superman,” is a professional in swing trading with an eye for both massive stocks of the small-cap size and insanely accurate marketing forecasts. Since he began as a trader, Superman has amassed over $5.5 million in all-time trading profits. Tim Sykes Wife
The Superman Alerts plan is his offer of the most essential features and trading alerts geared toward those who may be interested. For just $147 per month, you’ll have an access to the day-to-day premarket stock watchlist and the mobile app, daily market commentary shown in real-time, as well as email and SMS alerts.
The film “Superman” Paul Scolardi: Superman Pro
At $247/month, you get additional features and access to a knowledgeable base provided by Superman himself via his Superman Pro package. In addition to the basic features included in the Alerts plan, Superman Pro gives you weekly video lessonsthat include a growing library of all previous lessons. In addition, you’ll also get access to premium research reports as well as the IPO as well as earnings tracking tool.
Profit.ly plans and costs
If you’re eager to join the world of online trading and make a mark on the field, Profit.ly has the right amount of tools to get you up and running. The platform offers three membership levels that cater to traders at different levels. Let’s look at what the three are and how much they’ll cost you.
Novice Plan
The package called Novice is Profit.ly’s basic plan that is designed specifically for people who are brand new to the world of trading. As you sign up for this plan, you will be immediately offered a range of strong and indispensable trading tools, all of them integral in keeping your fingers on what we call a competitive process by itself.
Among the list of things you can do with Profit.ly’s Novice package include the ability to confirm trades and track profits and follow-up, leading and even texting your fellow traders; and providing feedback on trades today. You can also get on leaderboards; analyze, sort, as well as filter trades and, lastly, view other people’s statistics.
The Novice plan is $29.95 per month. Although it looks attractive just by the price however, there’s a drawback. It isn’t possible to create a private profile, which makes your actions public. If you’re looking to have access to this feature, keep an eye on us as we present to you Profit.ly’s next plan.
Trader Plan
The Trader plan allows users to benefit from a majority of features from The Novice package. This plan allows that you are able to create a private profile to share with fellow associates all your insights and knowledge you gain from trader’s community.
Priced at $49.95/month, Profit.ly’s Trader plan will do what the name implies catering for those looking to harness their skills in trading. While it’s nice, there is one significant aspect that’s not included. Unlike the previous Novice package, you won’t be able to view other traders’ statistics this could be a disadvantage for those who are looking forward to this tier. Tim Sykes Wife
Pro Plan
This is by far the most luxurious package Profit.ly could offer for seasoned traders. At $74.95 each month which includes 22% off when billed annually This plan offers it all. It gives you full, unlimited access to all the features of the previous plans combined.
Not only do you get to look at other people’s statistics as well, you’re also offered the opportunity to create a private profile. Both of these features, in addition to the benefits that you can use to the maximum extent. If you’re looking for an account that will give you everything you need as an experienced trader, the Pro tier could be for you!
Profit.ly’s Other Services
Apart from the provided training tools and the leaderboards, Profit.ly provides a variety of more services it has to provide. One of these is its online store, which lets users choose from a wide array of videos designed to inform and help you understand the ins and outs of trading. Each of the offerings listed in this section of the website is available to be purchased immediately for personal use. Among these products include best-sellers such as the “Trading Tickers” series by trader expert Tim Grittani, Timothy Sykes’s library of DVDs and streaming-only content about short stocking, penny stocking, as well as all aspects of trading. There are also clips and footage from The Annual Pennystocking Conference, and items from other experts in trading.
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Chat rooms integrated into Profit.ly are included in Profit.ly’s variety of services and features. You may be familiar with the concept of chat rooms since you will see it on social and messaging platforms, in addition to a few special websites that provide live chat assistance. But in Profit.ly, it is seen as a real-time space where experts and their member traders can communicate and exchange knowledge in real-time. Each guru has their style in running their chat rooms and dealing with the listed members. One might be laid back and not very often 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 essence.
Who is the Ideal trader to Profit.ly?
Profit.ly’s wide range of products and features are geared towards an array of stock trader types, from novices to experienced professionals. Considering the number of offers it offers this platform definitely has something for every person.
Newbies, for instance, will enjoy Profit.ly’s library of learning materials available across the platform. In addition, they will be provided with videos every week and chat room tips by its internal gurus and their members. They’ll also be able choose from the items from its online store to carry with them wherever they may travel. You can also get hands-on experiences by trading through the platform, but eventually, they will soon learn that trading is a risky game that shouldn’t be taken as an amusing pastime.
For those traders who have had years of exposure down the line, we see Profit.ly equally suited to the newcomers. While novice traders may not be as adept at handling trading matters, the pros already understand the way it functions and the risky mix that come with it. Ideally, they may make use of Profit.ly’s range of options to their maximum advantage to enhance their trading abilities. As beginners, they are able to learn from the top experts and experts , and use those quick tips and tidbits along the way.
Profit.ly’s “all-inclusive” nature isn’t limited to novices or semi-experienced trader. Verified experts can also join in the excitement! Trade professionals who are at an equal level with Superman as well as Tim Sykes can also use the power of Profit.ly’s capabilities to display their skills to others as a way to assist them in the ever-changing trading process. Tim Sykes Wife
Profit.ly’s Pros and Cons
The Pros
- Profit.ly’s many capabilities as a ‘one-stop’ stock trading platform enable traders from all over the world with tons of learning tools, communication, and trading tools
- You get to receive excellent training and insights from its inside experts, as well as libraries of educational videos and trading in real-time.
- You’re guaranteed transparency throughout Profit.ly with accurate analytics as well as other traders ready to call you out whenever something happens
- The leaderboard feature of the platform offers you the opportunity to increase your reputation as a reliable and authentic trader
- Apart from its main capabilities, Profit.ly also gives its users extra options to suit their individual preferences, for instance, posting unauthentic trades via screenshots
- Profit.ly’s diverse range of packages and subscription levels are priced at affordable rates There is truly something for everyone
The Cons
- Profit.ly’s abundance of 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 an opportunity that some them could profit from cherry-picking the best trades to improve their ratings This could be a problem that shouldn’t be simply overlooked
- Profit.ly does not accept refunds, as the premium customers will immediately benefit from the number of features the platform is able to offer
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The Final Concluding Question is: Is Profit.ly Valued?
If we could come up with an answer to this question, 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 meant to be designed for this reason. Instead, you need to have the ability to think with an open heart. Tim Sykes Wife
What we mean by ‘yes’ is that it can be a great learning tool. Those who may be stuck might be able to find Profit.ly’s variety of resources useful when they try their best to incur lesser losses and be more successful than before. It’s not only the poor traders that can benefit from this platform. It is able to accommodate novices and even experts!
So, if you genuinely care about being more successful in trading and would like to be taught by your peers and experts on the way, you should look no further than Profit.ly. Profit.ly could be a good choice to start.
FAQ Tim Sykes Wife
How can you make use of Profit.ly to post your trades?
Profit.ly includes the option of allowing trade entries under the ‘My Trade section of the dashboard which lets you record your trades that are verified or otherwise. You may choose between three options:
- Connecting your account to your brokerage of choice and then importing the trades from that directly
- Manually entering your trades into the spaces provided and details
- Upload a screenshot of your transactions
What can I do to determine if the trade is verifiable or not?
If you import your trade through a reliable brokerage, there is an excellent chance that it is verifiable. This is shown by the blue check mark. If you upload it manually or through pictures, it will be assigned as unverified.
The disadvantage of an unauthentic trade is the chance of getting downvotes from your colleagues. Too many downvotes may cause you to be listed in the Madoff leaderboard, where people are able to identify who is dishonest in posting trades.
Is the Profit.ly mobile application still available?
At the time of writing, Profit.ly is still available for download on the App Store for Apple and the Google Play store. The mobile version of the app works with all operating tablets and smartphones.
How many people are currently connected to Profit.ly?
Profit.ly currently houses more than 150,000 investors and traders because they are not just seeking to make the most profit but also help each other develop and grow in their ability to take advantage of stock market opportunities both right and left.
