Stock trading can be an exciting game with high stakes. On some days, you may enjoy the benefits of positive and satisfying numbers. On other days, however it could be the reverse and it could be extremely difficult to get back to the point you were at your peak. If you’re immersed in the water it is important to realize that relying on instinct and survival is not always enough.
If you’ve experienced occasional losses, you’re gonna be needing sound advice from tried-and-tested trading experts. You’re also gonna need an enormous boost from your colleagues in the market from all over the globe. That’s why we’ve found an option that can help you to improve your performance in the industry. We’ll take an in-depth 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.
Total Rating: 4.1/5 Timothy Sykes Birthday
Value: 4.1/5
Quality: 4.1/5
Costs: 4.1/5
Users Experience 4.5/5
Summary
Profit.ly is an online trading platform that enables traders of various levels to be informative, transparent, accountable, and uplifting 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 material.
How do I define Profit.ly?
Profit.ly is a trading website that functions as a learning and education platform for those who are starting out and also as a platform for traders with experience to keep track of their performance using the aid of advanced analytics tools. Offering users a broad array of options for trade and communication, it helps traders from all walks of life connect with each other. It offers gurus with worthwhile investments within the confines of the platform. Think of it as the social media equivalent like Facebook and Reddit but with a focus on experts and traders.
Profit.ly independently verifies trade performances and posts all the data of them in the manner of leaderboards. The trading platform is built on honesty and transparency: it makes sure that trades are valid and won’t tolerate inauthenticity as much as it is possible. It was created years ago by the penny expert in stock trading and investment expert Timothy Sykes, along with fellow expert Michael Mosseri.
In an interview with Forbes magazine, Sykes said that Profit.ly was driven by its focus “on showing all trades, something that was never done before.” The concept Sykes said served two purposes: 1) creating public track records for all traders, not just the gurus and newsletter authors and students as well as) allowing everyone on the platform to learn from the losses and wins to the benefit of the trading industry. Timothy Sykes Birthday
How Does It How Does It
Profit.ly follows a subscription-based model that lets stock traders benefit from a variety of features and services aimed toward success. You can create an account at no cost, however you’re only limited to having access to the leaderboard and follow the activities of people who aren’t gurus. If you’re looking to invest your money to see what stocks the experts are trading in real time You’ll need to subscribe to any of Profit.ly’s offerings that we’ll review in the coming days.
Setting up an account is easy: create an account with your experience and skills, join your brokerage account, and you’ll be given a chance to shoot through high on the leaderboard. Profit.ly’s leaders’ board feature as we’ve mentioned earlier it is designed to provide its users a look at the performance of the trading community as well as its gurus. It’s not just a way to show that you’re worthy to the community of traders, as you can also utilize Profit.ly to shop from a guru with the confidence that you are confident with their expertise and the veracity of their assertions.
If you are unsure about the idea of divulging the details of your broker account you can choose to publish your trades, either verified or not, by taking pictures. Also included in Profit.ly are a variety of trading classes and the capability to see statistics on a person’s profile and other methods to interact with your experts via chatrooms 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 guru who is famously known for his efforts in penny stock trading. According to Investopedia, a penny stock refers to a small company’s stock which trades at under $5 for each share. Penny stock trading could be viewed as an avenue for small businesses to transition into a larger market because it gives them access to capital from the general public. But don’t be mistaken – it can also be an extremely risky game, as Sykes is sure to reveal thanks to his years of experience.
Beginning in the latter years of high school, Tim Sykes has, since then, earned more than $6 million in earnings through his lengthy career as trading professional. At the age of 25 Sykes was given greater exposure and an even wider impact as a participant in the reality show “Wall Street Warriors.” He made use of the show to develop 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 for transparency, and for the community to uplift and compete with each other through the platform.
The Profit.ly Gurus
One of Profit.ly’s amazing features is the vast array of educational sources, trade alerts and other helpful stuff provided by the platform’s in-house gurus. Gurus are referred to the trading experts who have earned substantial amounts of money from their collective years of experience. Timothy Sykes Birthday
At its peak, Profit.ly had housed up to five gurus, all of them a pro in their niche within the world of trading. Some of the most prominent gurus included Connor Bruggermann, Nathan Michaud of Investors Underground, and Triforce, among a few others. At the time of writing, only two gurus remain on the platform: 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 take a look at the packaged offers each guru can offer.
From Tim Sykes Tim Sykes: Tim’s Alerts
Sykes provides an essential stock trading service with the main priority being penny-priced day trading with Tim’s Alerts. The cost is $74.95 for a month you will be able to see him concentrate on the basic stock catalysts and employ them to forecast the next move that is possible when making trades.
A standalone purchase of Tim’s Alerts will get you access to the chatroom and 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.
from Tim Sykes: The Pennystocking Silver Package
Pennystocking Silver is the premium version, with an upgraded version of Tim’s Alerts program. Priced at $149.95 for a month this is a great option for those who are more invested in the penny-stock market. Pennystocking Silver comes with all the standard features of earlier plans which includes alerts for swing trading and access to a library of more than 7,000 instructional videos and new videos released each week.
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In “Superman” Paul Scolardi: Superman Alerts
Scolardi, who goes by the name “Superman,” is a swing trading professional with an eye for massive stocks of the small-cap size and insanely accurate marketing forecasts. Through the years since he began as a trader, Superman has amassed over $5.5 million in trading profits. Timothy Sykes Birthday
The Superman Alerts plan is his offer of the most essential features and alerts on trading geared toward those who may be interested. For $147 per month, you’ll gain an access to the day-to-day premarket stock watchlist along with the mobile app, daily market commentary in real-time, and email and SMS alerts.
From “Superman” Paul Scolardi: Superman Pro
For the price of $247, you receive additional features, plus access to the extensive knowledge base provided by Superman himself via his Superman Pro package. In addition to the basic features that are included in the Alerts plan, Superman Pro gives you weekly video lessonsthat include the growing collection of previous lessons. Additionally you’ll also have access to premium research reports and the IPO as well as earnings tracking tool.
Profit.ly plans and costs
If you’re looking to join the online trading community and leave your mark on the field, Profit.ly has the right amount of resources to get you up and running. The platform offers three membership tiers that cater to traders of different levels. Let’s take a look at what these three are and how much they will 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 trading world. When you sign up for this plan you’ll be given a slew of robust and indispensable trading tools, all one of them essential in keeping your fingers on what can describe as a cutthroat procedure in its own.
Some of the features you can accomplish with Profit.ly’s Novice package include the capability to check trades and track profits and follow-up, leading and even texting your fellow traders; and leaving feedback on today’s trades. It also allows you to be on leaderboards, analyze, sort, and filter your trades; and, finally, see other people’s statistics.
The Novice plan will cost $29.95 per month. Although it looks attractive for the price alone but there’s a disadvantage. You aren’t able to create a personal profile, which makes your activities publicly available. If you’re interested in gain the benefit of this service, you should be watching for us to introduce to you Profit.ly’s new plan.
Trader Plan
The Trader package allows you to take advantage of a majority of features from The Novice package. In this plan, that you can set up an account that is private to share with fellow associate users all your knowledge and intel in this trading group.
Priced at $49.95/month, Profit.ly’s Trader plan will do what the name implies: Cater for those looking to improve their expertise in trading. Although it’s a nice thing however, there’s a crucial aspect that’s not included. In contrast to the Novice package, you won’t be able to view the statistics of other traders, which could be a problem for some who may be looking forward to this tier. Timothy Sykes Birthday
Pro Plan
The Professional plan can be described as the most luxurious package Profit.ly offers to experienced traders. With $74.95 monthly, with a 22% discount for billing annually This plan offers everything. It gives you full, unlimited access to all features of the previous plans combined.
In addition, you’ll be able to see other users’ stats as well, you’re also offered the opportunity to create an individual 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 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 has a few additional services that it can provide. One of them is the online store, which lets users choose from a wide array of instructional videos that are created to help you understand the ins and outs of trading. The products listed in this section of the website is available to be immediately purchased for personal use. Among these products include best-sellers such as the “Trading Tickers” series by trading specialist Tim Grittani, Timothy Sykes’s collection of DVDs and streaming-only content about penny stocking, short stocking, and other things trading-related, clips and scenes of the Annual Pennystocking Conference, and products from other expert traders.
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Chat rooms integrated into Profit.ly are as well part of Profit.ly’s array of features and services. You are probably familiar with chat rooms since you will see it on social and messaging platforms as well as some specialty websites that offer live chat support. However, in Profit.ly it’s seen as a hands-on area where experts and member traders can communicate and learn in real time. Every guru has their own style in running their chat rooms and dealing with the listed members there. Some may be a laid-back person who is not very often active, while another may be more interactive and online 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 caters to the wide range of stock traders, from beginners to experienced pros. With the variety of deals it has to offer this platform definitely has something for every person.
For instance, newbies will appreciate Profit.ly’s library of learning materials available across the platform. Not only will they get daily videos and chat room advice from its in-house gurus and their members. Additionally, they can choose from the items on its store online for them to take wherever they travel. They can also gain hands-on experiences by trading through the platform, however they’ll realize that the process is a risky game that shouldn’t be treated as an amusing pastime.
For those traders who have had many years of experience down the line, we believe Profit.ly equally suitable to them as people who are just beginning. While the newbies may not be as adept at managing trading, the pros already understand the way it functions and the plethora of risks that come with it. It is ideal to use Profit.ly’s array of options to their maximum advantage to enhance their trading abilities. Like beginners, they can learn from the experts as well as experts, and take advantage of short tips and tricks to help them along.
Profit.ly’s “all-inclusive” nature doesn’t just apply to newbies as well as semi-seasoned traders. Certified experts can also take part in the enjoyment! Those in the trading industry who are at similar levels to Superman or Tim Sykes can also use the power of Profit.ly’s abilities to show off their skill to others in order to navigate them through the ever-changing trading process. Timothy Sykes Birthday
Profit.ly’s Pros and Pros and
The Pros
- Profit.ly’s many capabilities as a “one-stop’ stock trading platform enable traders across the globe with an abundance of knowledge, communication, and trading tools
- You will be taught by experts and insights from its internal experts, which include video libraries that teach you how to learn and trading in real-time.
- You can be sure of complete transparency through Profit.ly with precise analytics and fellow traders ready to call you when something goes wrong.
- The leaderboard feature of the platform offers you the chance to establish your credibility as a trustworthy and dependable trader
- Apart from its main capabilities, Profit.ly also gives its users extra options to suit their needs, like posting unauthentic trades via screenshots
- Profit.ly’s diverse range of packages and subscription levels are priced at reasonable prices There’s something for every person
The Cons
- Profit.ly’s numerous packages and products offered may seem overwhelming for a lot of its users
- Since traders can choose to make any type 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 simply overlooked
- Profit.ly does not accept refunds as the premium customers are expected to instantly benefit from the number of services that the platform can provide
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The Final Verdict: Is Profit.ly Worth It?
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 scheme to get rich quick. The platform was not always intended to be created to achieve this goal. Instead, you need to have curiosity. Timothy Sykes Birthday
What we mean”yes” is it can be a great learning tool. Those who may be stuck may find Profit.ly’s range of resources helpful as they do their best to avoid loss and perform better than before. Not only struggling traders that will benefit from this platform. It will be able to accommodate beginners as well as even experts!
So, if you genuinely desire to be a better trader and want to be taught by your peers and experts throughout the process, then take a look at Profit.ly. Profit.ly is a fantastic alternative to start.
FAQ Timothy Sykes Birthday
How can you make use of Profit.ly to make your trades public?
Profit.ly offers a trade entry portion within the ‘My Trade’ category of the dashboard that lets you record your trades, verifiable or otherwise. There are three choices:
- Connecting your account to your broker of choice and import the trades from that directly
- Manually entering your trades using provided spaces and specifics
- Upload a screenshot of your trades
How can I tell whether the trade can be verified or not?
If you buy your trade through a reliable brokerage, there’s the probability that it’s verifiable. This is indicated with the blue check mark. If you upload the information manually or via screenshots, it will automatically be assigned as unverified.
The drawback of posting an unauthentic trade is the chance of receiving negative feedback from fellow peers. If you receive too many negative votes, it could cause you to show up in the Madoff leaderboard, where people are able to identify who is dishonest in posting trades.
Is the Profit.ly mobile app still available?
At the time of writing, Profit.ly is still available to download from the Apple App Store as well as in the Google Play store. The mobile app version is compatible with the majority of operating tablets and smartphones.
How many people are currently connected to Profit.ly?
Profit.ly currently houses more than 150,000 traders and investors, because they are not just looking to earn maximum profits but also help each other learn and improve in acquiring opportunities in the stock market left and right.