The stock market can be a high-stakes game. On certain days, you might have the benefit of pleasing and positive numbers. On other days, however you may experience the opposite and it can be extremely difficult to return to the point you were at your best. If you find yourself constantly stuck in the gutter, you will have to recognize that relying on instinct and survival might not be enough.
If you’ve been incurring losses from time to time, you’re gonna be needing reliable advice from tested and tried trading experts. Also, you’ll need an important boost from fellow traders from around the globe. That’s why we’ve found a platform that can support you to improve your performance in the industry. We’ll be taking the time to look at Profit.ly is a well-known 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 Timothy Sykes Around The World Pdf
Users Experience 4.5/5
Profit.ly can be described as an online platform for trading that permits traders of different levels to be informed and accountable, as well as transparent and encouraging each other through its broad range of features and tools like trade verification, chat rooms, and an enriched library of educational content.
What is Profit.ly?
Profit.ly is a trading website which serves as a learning and training platform for those new to trading as well as a place for traders who are experienced to monitor their performance with the help of cutting-edge analytics tools. It provides users with a vast variety of tools to facilitate trade and communication, it helps traders from every field of business connect with one another. It offers gurus with worthy investments within the boundaries of the platform. Think of it as the social media equivalent like Facebook and Reddit however it is geared towards professionals and traders.
Profit.ly independently checks the performance of trades and posts all the data of them in the manner of leaderboards. The platform’s trading model is based on trust and transparency. it makes sure that trades are authentic and won’t tolerate inauthenticity as much as is humanly possible. It was founded in the past by penny stock trade expert and investment expert Timothy Sykes, along with fellow expert Michael Mosseri.
One time during his appearance in Forbes publication, Sykes declared that Profit.ly was driven by its focus “on the transparency of the entire spectrum of trades, something which has never been prior to.” The concept Sykes said served two purposes: 1) creating public track records for not just the gurus as well as newsletter writers and students, and 2) allowing everyone on the platform to be enlightened by the losses and wins to the benefit of the trading industry. Timothy Sykes Around The World Pdf
How Does It Work?
Profit.ly follows a subscription-based model that allows stock traders to have access to a range of services and features geared toward success. It is possible to create an account for free, but you’re limited to access to the leaderboard and follow the actions of non-gurus. If you’re ready to invest your money in order to find out what stocks the experts are trading in real time, you will need to join one of Profit.ly’s offerings, which we will review in the coming days.
The process of opening an account is simple: Create an account with your experience and knowledge, then connect to your brokerage account and you have yourself a chance to shoot through high on the leaderboard. Profit.ly’s leaders’ board feature as we’ve mentioned earlier, is designed to give its users an insight into how the community of traders performs and its experts. It’s not just a way to demonstrate that you’re worthy to the community of traders. You can also use Profit.ly to purchase with a professional with the assurance that you’re comfortable in their skills and the legitimacy of their claims.
If you feel uneasy with the concept of leaking the details of your broker account then you could opt to post your trades, either verified or not, via screenshots. Also included in Profit.ly is the huge selection of trading classes and the capability to see statistics on a person’s profile and other methods to connect with your gurus via chatrooms in addition to email and text alerts as well as updates.
Meet Tim Sykes, the founder: Tim Sykes
Timothy Sykes is a well-renowned day trading guru who is famously known for his involvement in trades in penny stocks. According to Investopedia, a penny stock refers to a small company’s shares that trade for less than $5 per share. The penny stock market could be viewed as an opportunity for small companies to move into a larger market because they can access funds from the general public. But don’t be mistaken – it’s also a high-risk game, which Sykes is sure to reveal thanks to his years of expertise.
From his beginnings in the latter years of high school, Tim Sykes has, since then, earned over $6 million of earnings through his lengthy career as trader. At 25 years old Sykes was given greater exposure and an even wider impact when he became part of the reality TV show “Wall Street Warriors.” Then, he made use of the show to establish trading rooms as well as penny stock themes and educational content geared toward those who are new to the trading field. He also helped to establish Profit.ly as a place for transparency and to allow the community to rise and compete with each other through the platform.
The Profit.ly Gurus
One of Profit.ly’s sweet inclusions is the variety of educational resources, trade alerts, and other useful stuff offered by the in-house experts of the platform. The gurus in question refer to experts in the field of trading who have proven to make substantial amounts of money from their combined years of expertise. Timothy Sykes Around The World Pdf
At its height, 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 famous gurus included Connor Bruggermann, Nathan Michaud of Investors Underground, and Triforce as well as a handful of others. As of this writing, there are only two gurus who remain on the platform: the founder and penny stock trader Tim Sykes and veteran smallcap swing trader Paul Scolardi, also known as Superman. With that taken into consideration Let’s look at the packages each guru offers.
From Tim Sykes Tim Sykes: Tim’s Alerts
Sykes offers a basic stock trading service that focuses on penny stock day trading through Tim’s Alerts. The cost is $74.95 for a month you’ll see him focus on the basic stock catalysts and employ them to forecast the next moves that could occur when making trades.
A single purchase in Tim’s Alerts will get you access to the chatroom as well as the mobile app that’s available for iOS as well as Android devices, as well as text, e-mail, and push alerts; and a daily stock watchlist.
Tim Sykes: From Tim Sykes: The Pennystocking Silver Package
Pennystocking Silver is the highest-quality version that has been upgraded of the Tim’s Alerts program. Priced at $149.95 monthly, it is the perfect plan for investors who are committed to penny stock trading. Pennystocking Silver offers all the essential features that were included in the previous plan, which includes swing trading alerts as well as unlimited access to a rich library of more than 7,000 instructional videos and new videos released each week.
In “Superman” Paul Scolardi: Superman Alerts
Scolardi who goes under 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 the time he started trading, Superman has amassed over $5.5 million in total trading profits. Timothy Sykes Around The World Pdf
The Superman Alerts plan is an offering of 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 stock watchlist that is premarket along with the mobile application, daily market commentary shown in real-time, as well as SMS and e-mail alerts.
The film “Superman” Paul Scolardi: Superman Pro
At $247/month, you get additional features, plus access to an extensive base of knowledge provided by Superman himself via the Superman Pro package. On top of the essentials featured in the Alerts package, Superman Pro gives you weekly video lessonsthat include a growing library of all the previous ones. In addition you’ll also gain the ability to access premium reports on research and an IPO and earnings tracker.
Profit.ly plans and costs
If you’re looking to join the world of online trading and make a mark on the industry, Profit.ly has the right amount of resources to get you started. Profit.ly offers three membership levels, each designed for traders of different levels. Let’s take a look at what these three are and how much they’ll cost you.
The Novice package is Profit.ly’s entry-level plan designed especially for those who are just beginning their journey to the world of trading. When you sign up for this plan, you will be immediately offered a range of strong and vital trading tools, all of them integral in keeping your fingers on what can describe as a cutthroat process by itself.
The list of features you can accomplish with Profit.ly’s Novice package is the ability to confirm trades and track profits and follow-up, leading and even chatting with other traders; and giving feedback on the trades of today. It also allows you to be onto leaderboards; study your trades, sort as well as filter trades; and, finally, see other people’s statistics.
The Novice plan costs $29.95 per monthly payment. Although it looks attractive simply because of the price, there is a downside. You can’t create a private profile, thus making your personal information public. If you do want to gain access to this feature, stay tuned as we introduce to you Profit.ly’s next strategy.
The Trader Plan
The Trader package lets users to benefit from the majority of features available in the Novice plan. This plan allows that you are able to create an account that is private to share with other associates all your insights and information you have gained from the trading community.
Costing $49.95/month, Profit.ly’s Trader plan does what the name suggests caters people who want to develop their skills in trading. While it’s nice, there is one significant feature that is missing. In contrast to the Novice package, you will not be able to view the statistics of other traders this might be a drawback for those anticipating this level. Timothy Sykes Around The World Pdf
The Pro plan is the most luxurious package Profit.ly offers to experienced traders. With $74.95 monthly, with an additional 22% discount for billing annually This plan offers it all. You get full, no-holds-barred access to all features from the two previous plans combined.
Not only do you get to see other users’ stats, but you’re also given the opportunity to create a private profile. These two features are in addition to the advantages that you can utilize to the fullest potential. If you’re looking for an option that gives you everything you need as a skilled trader, maybe the Pro tier could be ideal for you!
Profit.ly’s Other Services
In addition to the trainer tools and 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 videos designed to inform and help you understand the ins and outs of trading. The products listed in this section of the website can be immediately purchased for personal use. Among these products include best-sellers like the “Trading Tickers” series by trading specialist Tim Grittani, Timothy Sykes’s collection of DVDs and streaming-only content about short stocking, penny stocking, as well as all things trading-related, clips and scenes from events like the Annual Pennystocking Conference, and other products by expert traders.
The chat rooms that are integrated are also part of Profit.ly’s variety of features and services. You may be familiar with the chat room as you will see it on messaging and social platforms, as well as some specialty websites that offer live chat assistance. But on Profit.ly the chat room is viewed as a real-time place where gurus and their member traders can communicate and learn in real time. Each guru has their style when it comes to running their chat room and dealing with the members. One might be laid back and not very often active, while another may be more interactive and online with their students. Consider chat rooms as Profit.ly’s version of a forum, in the essence.
Who is the ideal trader to Profit.ly?
Profit.ly’s diverse range of products and features are geared towards the wide range of stock traders, ranging from novices to the most experienced. Given the wide range of options it offers it is certain to have something for all.
For instance, newbies will appreciate Profit.ly’s collection of educational materials available across the platform. They will also be enriched with weekly videos and chat room tips from the in-house experts as well as their members. They’ll also be able to pick from the merchandise available in its online store for them to take wherever they may be. You can also get hands-on experiences from trading within the platform, however, they will soon learn that this is a risky game that shouldn’t be treated as an opportunity to make fun of.
For those traders who have had decades of experience in the road, we consider Profit.ly equally suitable to the newcomers. While novice traders may not be as well-equipped with dealing with trading issues but the experts already know the way it functions and the risky mix that come with it. It is ideal to use Profit.ly’s range of features to their full advantage to develop their trading abilities. As beginners, they are able to learn from the top experts as well as experts, and take advantage of short tips and tricks along the way.
Profit.ly’s “all-inclusive” nature isn’t limited to novices or semi-experienced trader. Experts who have been verified can also participate in the fun! People in the trade industry who are at an equal level with Superman and Tim Sykes can also use Profit.ly’s capabilities. Profit.ly’s abilities to show off their expertise to other traders as a way to help navigate them through the ever-changing trading process. Timothy Sykes Around The World Pdf
Profit.ly’s Pros and Pros and
- Profit.ly’s numerous capabilities as a ‘one-stop’ stock trading platform allows traders across the globe with tons of learning tools, communication, and trading tools
- You’ll receive excellent training and tips from the inside experts, as well as video libraries that teach you how to learn and live trading activity.
- You can be sure of complete transparency through Profit.ly with precise analytics as well as fellow traders who are ready to reach you when something goes wrong.
- The leaderboard feature of the platform offers you a way to build your credibility as a trustworthy and authentic trader
- Apart from its main features, Profit.ly also gives its customers extra options that can be tailored to their needs, like posting unauthentic trades via images
- Profit.ly’s diverse range of subscription plans and guru packages are priced at a reasonable cost – there truly is something for all
- Profit.ly’s numerous packages and products offered may seem overwhelming for a lot of its customers
- If traders decide to post any kind of trade, there is an opportunity that some them could profit from cherry-picking the best trades to increase the rating – this may be a risk that shouldn’t be overlooked.
- Profit.ly does not accept refunds because its premium users are expected to immediately benefit from the number of features the platform is able to provide
The Final Concluding Question: Is Profit.ly Valued?
If we could think of an appropriate answer for this query, it would be yes. But you need to understand that it shouldn’t be treated as a get-rich-quick scheme. The platform was not always intended to be created in this way. Instead, it is best to keep the ability to think with an open heart. Timothy Sykes Around The World Pdf
What we are referring to by ‘yes’ is that it could be a useful learning tool. People who are stuck could discover Profit.ly’s array of resources to be helpful in their efforts to reduce losses and perform better than before. It’s not only the poor traders that can benefit from the platform. It is able to accommodate novices and even experts in the field!
So, if you genuinely want to become better at trading and wish to learn from your peers and experts throughout the process, then you should look no further than Profit.ly. Profit.ly may be a great alternative to start.
FAQ Timothy Sykes Around The World Pdf
How can you make use of Profit.ly to publish your trades?
Profit.ly offers the option of allowing trade entries under the ‘My Trade’ category of the dashboard. It lets you record your trades, either verified or not. You may choose between three options:
- Linking your account with your brokerage of choice and importing trades directly from there
- Manually inputting your trades with the spaces provided and details
- Take a photo of your trades
What can I do to determine whether the trade is authentic or not?
If you import your trade from a trusted brokerage, there is an excellent 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 downside of having an unauthenticated trade is the risk of receiving downvotes from friends and colleagues. A large number of downvotes could cause you to show up on the Madoff leaderboard, which is where the public are able to identify who is untruthful in submitting trades.
Are the Profit.ly mobile app still in use?
As of the moment, Profit.ly is still available to download via the App Store for Apple and on the Google Play store. The mobile version of the app works with all working smartphones and tablets.
How many people are using Profit.ly?
Profit.ly currently houses over 150,000 investors and traders, as they not only are seeking to make the most profit but also to help one another develop and grow in their ability to take advantage of opportunities on the stock market all over the world.