Stock trading can be an exciting game with high stakes. On some days, you might have the benefit of positive and satisfactory numbers. On other days, however it could be the reverse and it could be extremely difficult to get back to where you were your best. If you find yourself constantly stuck in the gutter it is important be aware that relying solely on pure instinct and preservation might not be enough.
If you’ve experienced occasional losses, you’re gonna be needing sound advice from tried-and-tested trading experts. Also, you’ll need a significant boost from your trading partners from all over the world, which is why we’ve discovered a platform that can support you in your improvement in the market. We’ll take a 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 Timothy Sykes Celebrity Net Worth
Value: 4.1/5
Quality: 4.1/5
Costs: 4.1/5
Users Experience 4.5/5
Summary
Profit.ly can be described as an online platform for trading that enables traders of various levels to be informed responsible, transparent, and encouraging each other by offering a wide array 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 serves both as a learning and education platform for people who are starting out and as a hub for traders with experience to keep track of their performance through the use of sophisticated analytics tools. Offering users a broad range of resources for 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 an online social media platform similar to Facebook and Reddit however it is geared towards experts and traders.
Profit.ly independently verifies trade performances and then publishes the information of them in the manner of leaderboards. The trading platform is built on trust and transparency. it guarantees that the trades are valid and won’t accept fake news as long as possible. It was established many years ago by penny expert in stock trading and investment expert Timothy Sykes, along with fellow expert Michael Mosseri.
One time , during an interview for Forbes magazine Sykes stated that Profit.ly was motivated by its focus “on the transparency of all trades, something that has never been prior to.” This idea, he added, served two goals: 1.) keeping track of public data for all traders, not just the gurus and newsletter writers and students, and 2) making it possible for everyone on the platform to learn from both the wins and losses for the trading industry’s benefit. Timothy Sykes Celebrity Net Worth
How Does It Perform?
Profit.ly follows a subscription-based model which allows stock traders to benefit from a variety of services and features geared at achieving the success of their business. You may set up an account for free, but you’re limited to access to the leaderboards and monitor the activities of non-gurus. If you’re looking to invest your money to see what stocks the experts are trading in real time it is necessary to subscribe to any of Profit.ly’s offerings that we’ll go over shortly.
The process of opening an account is simple: Create an account that includes your personal information and skills, join your brokerage account, and you have yourself an opportunity to make your way to high on the leaderboard. Profit.ly’s leaderboard feature, as mentioned previously was designed to offer its users a look at the performance of the trading community and its gurus. It’s not just a way to show your worth to a group of traders. You are also able to use Profit.ly to buy from a guru with the assurance that you’re confident with their expertise and the credibility of their claims.
If you’re not comfortable with the concept of leaking your brokerage account, you may opt to post your trades, whether verified or otherwise, through photographs. Also included in Profit.ly are a variety of courses in trading, the ability to view stats in a trader’s profile and other methods to communicate with your gurus through the chatroom as well as text and e-mail alerts and updates.
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Meet the Founder: Tim Sykes
Timothy Sykes is a well-renowned day trading personality who is famously known for delving his hands into the penny-stock market. 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 is an opportunity for small-scale businesses to make the transition to a large marketplace as it allows them to access capital from the public. However, don’t get it wrong – it can also be a high-risk game, which 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 over $6 million of earnings throughout his illustrious career as trader. At 25 years old, he had been given greater exposure and an even wider impact when he became part of the reality show “Wall Street Warriors.” He then used the opportunity to develop trading rooms and penny stock themes and educational content geared toward those who are new to trading. He also played a role in establishing Profit.ly as a platform for openness, and for the community to lift each other up and compete against each other through the platform.
The Profit.ly Gurus
One of Profit.ly’s sweet inclusions is the variety of learning resources, trade alerts, and other useful stuff offered by the platform’s in-house gurus. The gurus in question refer to the trading experts who have earned substantial amounts of money through their years of expertise. Timothy Sykes Celebrity Net Worth
At its height, Profit.ly had housed up to five gurus. Each of them an expert in their niche in the field of trading. Some of the prominent experts included Connor Bruggermann, Nathan Michaud of Investors Underground, and Triforce, among a few others. As of this 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. In light of that we’ll take a look at the packaged offers each guru can offer.
From Tim Sykes: Tim’s Alerts
Sykes offers a basic stock trading service with the main priority being penny stock day trading through Tim’s Alerts. The cost is $74.95 for a month you will see him focus on the fundamental catalysts for stocks and utilize them to predict the next move that is possible when making trades.
A single purchase from Tim’s Alerts will get you access to the chatroom, as well as the mobile app available on iOS as well as Android devices, texts, emails, and push alerts; and a daily stock watchlist.
Tim Sykes: From Tim Sykes: The Pennystocking Silver Package
Pennystocking Silver is the most premium version that has been upgraded of the Tim’s Alerts package. Priced at $149.95 monthly, this is an ideal plan for those who are more invested in penny stock trading. Pennystocking Silver offers all the essential features found in earlier plans which includes alerts for swing trading and access to a library of over 7,000 educational videos that are updated weekly.
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From “Superman” Paul Scolardi: Superman Alerts
Scolardi who goes under the alias “Superman,” is a trader who has 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 trading profits. Timothy Sykes Celebrity Net Worth
The Superman Alerts plan is his offering of essential features and trading alerts targeted towards those who might be interested. For $147 per month, you’ll gain access daily stock watchlist that is premarket and the mobile app, the daily market commentary in real-time, as well as E-mail and SMS alerts.
The film “Superman” Paul Scolardi: Superman Pro
For $247 per month, you can enjoy additional features, plus access to the extensive knowledge base provided by Superman himself, via the Superman Pro package. In addition to the basic features that are included in the Alerts plan, Superman Pro gives you weekly video lessons, including an ever-growing library of the previous ones. Additionally you’ll also gain the ability to access premium reports on research and an 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 market, Profit.ly has the right amount of tools to get you started. The platform offers three membership tiers, each designed for traders of different levels. Let’s break down what these three tiers are and how much they’ll cost you.
Novice Plan
The package called Novice is Profit.ly’s beginning-of-the-line plan specifically for people who are brand new to the trading community. Once you have signed to this plan, you will be immediately provided with a variety of powerful and vital trading tools, all of them integral in keeping your fingers on what we can describe as a cutthroat procedure in its own.
The list of features you can do with Profit.ly’s Novice program is the ability to verify trades and track profits; leading, following and even chatting with your fellow traders, as well as giving feedback on the trades of today. You can also get on leaderboards; analyze your trades, sort or filter the trades you make; and lastly, look at other’s stats.
The Novice plan is $29.95 per monthly payment. Although it looks attractive for the price alone however, there’s a drawback. It isn’t possible to create a private profile, which makes your personal information public. If you’re interested in gain access to this feature, you should be watching for us to introduce to you Profit.ly’s new plan.
The Trader Plan
The Trader plan allows you to use many of the features of the novice plan. In this plan, that you can set up an account that is private to share with fellow associate users all the insights and information you have gained from trader’s community.
Costing $49.95/month, Profit.ly’s Trader plan is exactly what it says: Cater to those who desire to develop their skills in trading. While it’s nice however, there’s a crucial feature that is missing. In contrast to the Novice package, you won’t be able to see other traders’ statistics that could be a disadvantage for those who are eager to try this new tier. Timothy Sykes Celebrity Net Worth
Pro Plan
The Pro plan is the most luxurious package Profit.ly offers to experienced traders. With $74.95 each month with an additional 22% discount for billing annually the Pro plan has everything. You get full, no-holds-barred access to all features from the two previous plans combined.
Not only do you get to view other people’s stats, but you’re also given the chance to create an individual profile. Both of these features, in addition to the advantages you’ll be able to use to the maximum extent. If you’re in search of a plan that can serve you with everything you require as trader with experience, the Pro plan is the right choice for you!
Profit.ly’s Other Services
Apart from the provided training tools and the Leaderboards Profit.ly has a few more services it has to offer. One of those is its online store, which lets users pick from a range of video products that are designed to educate and help you understand the nuances and pitfalls of trading. All of the products featured on this page of the website can be bought immediately for your personal use. These include best-selling products such as the “Trading Tickers” series by trading expert Tim Grittani, Timothy Sykes’s collection of DVDs and streaming-only content about short stocking, penny stocking, and all other things trading-related, clips and footage of The Annual Pennystocking Conference, and other products by expert traders.
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Chat rooms integrated into Profit.ly are included in Profit.ly’s range of features and services. You may be familiar with the chat room since you will see it on social and messaging platforms, in addition to a few special websites that provide live chat support. But on Profit.ly the chat room is viewed as a place where gurus and their member traders can communicate and learn in real time. Each guru has their 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 online and communicative with their students. Think of the chat rooms like Profit.ly’s version of a forum, in 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 trader types, from beginners to experienced pros. Given the wide range of options it has to offer, the platform surely has something for every person.
For instance, newbies can take advantage of Profit.ly’s library of learning materials available across the platform. They will also get daily videos and chat room tips from its in-house gurus as well as their members. They’ll also be able to pick from the merchandise available from its online store that they can take with them wherever they may go. You can also get hands-on experiences by trading through the platform, however, they will soon learn that this is a high-stakes game that should not be viewed as an opportunity to make fun of.
For traders who have years of exposure down the road, we consider Profit.ly as equally as suitable for them as it is for the newcomers. While the newbies may not be as well-equipped with handling trading matters however, experienced traders know how it works and the plethora of risks that come with it. Ideally, they may use Profit.ly’s array of features to their best advantage to enhance their trading abilities. Like beginners, they can learn from the experts as well as experts, and take advantage of simple tips and hints along the way.
Profit.ly’s “all-inclusive” nature doesn’t just apply to newbies or semi-experienced trader. Certified experts can also take part in the fun! Trade professionals who are on an equal level with Superman or Tim Sykes can also use Profit.ly’s capabilities. Profit.ly’s capabilities to display their skills to others as a way to assist them in the ever-changing trading process. Timothy Sykes Celebrity Net Worth
Profit.ly’s Pros and Pros and
The Pros
- Profit.ly’s diverse capabilities as a ‘one-stop’ stock trading platform allows traders across the globe with an abundance of knowledge tools, communication, and trading tools
- You will be provided with excellent lessons 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 precise analytics as well as other traders ready to call you out if something occurs.
- The platform’s leaderboard feature gives you the chance to establish your credibility as a trustworthy and authentic trader
- Apart from its core capabilities, Profit.ly also gives its customers additional options to meet their preferences, such as posting unverifiable trades through screenshots
- Profit.ly’s wide array of packages and subscription levels are priced at affordable rates There is truly something for every person
The Cons
- Profit.ly’s numerous products and packages offered might not be enough for a lot of its users
- As traders may opt to make any type of trade, there is a possibility that some of them may take advantage by selecting the best trades in order to boost their rating This could be a problem that shouldn’t be simply overlooked
- Profit.ly does not offer refunds as the premium customers are expected to instantly take advantage of the numerous services that the platform can offer
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The Final Concluding Question: Is Profit.ly Worth It?
If we were able to come up with an appropriate answer for this query, it’s an affirmative “yes”. But you need to understand that it shouldn’t be treated as a get-rich-quick scheme. It wasn’t intended to be created to achieve this goal. Instead, you should have curiosity. Timothy Sykes Celebrity Net Worth
What we are referring to”yes” is it can be a great learning tool. People who are stuck might discover Profit.ly’s range of resources useful in their efforts to incur lesser loss and perform better than before. Not only poor traders that can profit from the platform. It can accommodate beginners and even experts!
If you really want to become more successful in trading and would like to be taught by your peers and experts along the way, then take a look at Profit.ly. Profit.ly may be a great alternative to start.
FAQ Timothy Sykes Celebrity Net Worth
How do you use Profit.ly to make your trades public?
Profit.ly includes a trade entry portion under the My Trade’ category of the dashboard which allows you to post your trades, either verified or not. You may choose between three choices:
- Linking your account with your broker of choice and import trades directly from there
- Manually inputting your trades with the spaces provided and details
- Upload a screenshot of your trades
How can I tell if the trade is verifiable or not?
If you purchase your trade from a trusted brokerage, there’s an excellent chance that it is verifiable. This is evident by the small blue check. If you upload it in a manual way or by taking images, it will be classified as unverified.
The disadvantage of an unverified trade is the possibility of receiving downvotes from fellow peers. A large number of downvotes could cause you to be listed at the top of 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 for download on the Apple App Store as well as the Google Play store. The mobile app version is compatible with most operating tablets and smartphones.
How many people are currently using Profit.ly?
Profit.ly is currently home to over 150,000 investors and traders since they’re not just looking to earn maximum profits but also help each other grow and learn more about acquiring stock market opportunities both right and left.
