The stock market can be a high-stakes game. On some days, you could enjoy the benefits of pleasing and positive numbers. However, on other days, the opposite may happen and it could be extremely difficult to get back to the point you were at your most productive. If you are always in the mud it is important to recognize that relying on your instincts and preserving may not always be enough.
If you’ve been incurring occasional losses and you’re likely to require sound advice from tried-and-tested trading experts. You’re also gonna need an enormous boost from your trading partners from all over the world, which is why we’ve found an option that can help you in your improvement in the market. We’ll be taking a look at Profit.ly, a well-recognized one-stop 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. Do check out our article below, however, because it has a comprehensive overview of Profit.ly.
Total Rating: 4.1/5 Timothy Sykes Genome
Value: 4.1/5
Quality: 4.1/5
Costs: 4.1/5
The User’s Experience 4.5/5
Summary
Profit.ly can be described as an online platform for trading that enables traders of various levels to be knowledgeable, transparent, accountable, and encouraging one another through its wide array of tools and features such as chat rooms, trade verification and a rich library of educational material.
How do I define Profit.ly?
Profit.ly is a trading site 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 with the help of advanced analytics tools. It provides users with a vast variety of tools to facilitate trade and communication and letting traders from all walks of life connect with each other. It offers gurus with an opportunity to invest in the right areas of the platform. Imagine it as a social media site akin like Facebook and Reddit however it is geared towards experts and traders.
Profit.ly independently verifies trade performances and posts all the data from them in the style of leaderboards. The platform for trading is built on transparency and honesty: it makes sure that trades are valid and won’t accept fake news as long as it is possible. It was created many years ago by penny stock trade expert and investment guru Timothy Sykes, along with fellow expert Michael Mosseri.
One time , during an interview with Forbes magazine Sykes declared that Profit.ly was based “on the transparency of every trade, something that was never done before.” The concept Sykes said served two purposes: 1) creating public track records for not just the gurus, but also the newsletter writers and students, and 2) making it possible for all users to learn from both the wins and losses for the trading industry’s benefit. Timothy Sykes Genome
How Does It Perform?
Profit.ly is a subscription-based platform that allows stock traders to have access to a range of tools and services that are geared at achieving the success of their business. You can create an account on the site at no cost, however you’re limited to the capability to browse the leaderboards and monitor the actions of non-gurus. If you’re looking to invest your money in order to find out which stocks the gurus are trading in real time You’ll need to subscribe to any of Profit.ly’s offerings that we’ll discuss in the near future.
Making an account simple: Create a profile with your experiences and expertise, connect to your brokerage account and you have yourself an opportunity to make through the top of the leaderboard. Profit.ly’s Leaderboard function, which was previously mentioned, is designed to give its users a glimpse of their performance as a trading group and its experts. You’re not just allowed to demonstrate value to a large group of traders. You can also utilize Profit.ly to buy with a professional with the assurance that you’re confident of their knowledge and the veracity of their assertions.
If you are unsure about the idea of divulging your brokerage account, you may decide to share your trades, either verified or not, by taking pictures. Also included in Profit.ly are the vast number of courses in trading and the capability to see the stats of a trader’s account and other methods to interact with your experts in the chatroom, as well as 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 trading personality who has been famously known for delving his hands into the penny-stock market. According to Investopedia the term “penny stock” refers to a small company’s stock which trades at under $5 for each share. The trading of penny stocks can be seen as an avenue for small companies to move into a larger market because it gives them access to capital from the general public. However, don’t get it wrong – it’s also an extremely risky game, as Sykes will be able to tell you thanks to his years of expertise.
Beginning in the latter years of High School, Tim Sykes has, since then, made over $6 million of earnings through his lengthy career as trader. At the age of 25 Sykes was given more exposure and a wider influence over time when he became part of the reality show “Wall Street Warriors.” Then, he used the opportunity to create trading rooms, 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 place of transparency, and to allow the community to rise and compete against each other through the platform.
The Profit.ly Gurus
One of Profit.ly’s most appealing features is the variety of educational tools, trade alerts and other helpful stuff provided by the in-house experts of the platform. These gurus refer to experts in the field of trading who have made substantial amounts of money through their years of expertise. Timothy Sykes Genome
At its peak, Profit.ly had housed up to five gurus, all of them a professional within their particular field in the field of trading. Some of the prominent gurus included Connor Bruggermann, Nathan Michaud of Investors Underground, and Triforce as well as a handful of others. At the time of writing, only two gurus remain on the platform: the 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 packaged offers each guru can offer.
From Tim Sykes Tim Sykes: Tim’s Alerts
Sykes provides a basic stock trading service with the main priority being penny stock day trading through Tim’s Alerts. Costing $74.95 per month, you will be able to see him concentrate on the fundamental stock catalysts and use them to anticipate the next moves that could occur when trading.
A standalone purchase in Tim’s Alerts will get you access to the chatroom and the mobile app that’s available to iOS and Android devices, text, e-mail and push alerts as well as a daily watchlist of stocks.
Tim Sykes: 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 for a month this is an ideal plan for those who are committed to the penny-stock market. Pennystocking Silver includes all the basic features that were included in prior plans, including swing trading alerts as well as unlimited access to a library of more than 7,000 instructional videos and new videos released every week.
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The following video is from “Superman” Paul Scolardi: Superman Alerts
Scolardi who is known under the alias “Superman,” is a trader who has an eye for both 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 profits. Timothy Sykes Genome
The Superman Alerts package is his offer of the most essential features and alerts on trading geared towards those who might be interested. For $147/month, you’ll get access daily stock watchlist that is premarket along with the mobile application, daily market commentary shown in real-time, as well as email and SMS alerts.
From “Superman” Paul Scolardi: Superman Pro
For the price of $247, you receive additional features, as well as access to an extensive base of knowledge that is provided by Superman himself through his Superman Pro package. On top of the essentials included in the Alerts plan, Superman Pro gives you weekly video lessons, including an ever-growing library of other previous ones. On top of that, you’ll also get an access to high-quality research papers and an IPO as well as earnings tracking tool.
Profit.ly Plans and Costs
If you’re ready to join the world of online trading and leave your mark on the field, Profit.ly has the right amount of tools to get you going. The platform has three membership levels that are designed to accommodate traders with different levels. Let’s break down what these three levels are and what they will cost you.
Novice Plan
The Novice package is Profit.ly’s beginning-of-the-line plan specifically for people who are brand new to the trading community. When you sign up for this package you’ll be provided with a variety of powerful and vital trading tools, all of which is essential to keep your fingers on what we can describe as a cutthroat procedure in its own.
Some of the features you can accomplish using Profit.ly’s Novice package is the ability to verify trades and track profits and follow-up, leading and even texting your fellow traders, as well as providing feedback on trades today. You’re also allowed to get onto leaderboards; study the results of your analysis, sort, or filter the trades you make; and, finally, see other’s stats.
The Novice plan costs $29.95 per monthly payment. Although it might look appealing simply because of the price but there’s a disadvantage. It isn’t possible to create a private profile, thus making your personal information public. If you’re interested in get the benefit of this service, be watching for us to introduce to you Profit.ly’s new plan.
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 can set up an individual profile that allows you 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 is exactly what it says caters to those who desire to improve their skills in trading. Although it’s a nice thing however, there’s a crucial feature that is missing. In contrast to the Novice package, you will not be able to view other traders’ statistics this could be a problem for some who may be eager to try this new tier. Timothy Sykes Genome
Pro Plan
The Professional plan can be described as the most luxurious package Profit.ly could offer for seasoned traders. At $74.95 per month, which includes 22% off for billing annually, this tier has it all. You will have full, unrestricted access to all 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 chance to create an individual profile. Both of these options, in addition to the benefits that you can use to the fullest potential. If you’re looking for a plan that can serve all the features you need to be an experienced trader, the Pro plan is ideal for you!
Profit.ly’s Other Services
In addition to the tools for training and leaderboards, Profit.ly offers a number of additional services that it can provide. One of these is its online store, which allows users to select from a variety of videos created to provide guidance on the nuances and pitfalls of trading. The products listed on this page of the website is available to be purchased immediately for personal use. Among these products include best-sellers such as”Trading Tickers,” the “Trading Tickers” series from trading professional Tim Grittani, Timothy Sykes’s collection of DVDs and streaming-only content about penny stocking, short stocking, as well as all aspects of trading. There are also clips and clips taken from events like the Annual Pennystocking Conference, and other products by expert traders.
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The chat rooms that are integrated are also part of Profit.ly’s range of features and services. You may be familiar with the concept of the chat room as you can find it throughout social and messaging platforms and also on a few specialty websites that offer live chat assistance. But in Profit.ly it’s seen as a space where experts and their member traders can communicate and share knowledge in real-time. Every guru has their own way when it comes to running their chat room and dealing with the listed members there. Some may be more laid back and less active, while another may be more active and in touch to their pupils. Think of the chat rooms like Profit.ly’s version of the forum, in essence.
Who is the ideal Trader for Profit.ly?
Profit.ly’s diverse range of products and features are geared towards the wide range of stock traders, from novices to the most experienced. Considering the number of offers it has to offer this platform definitely has something for every person.
Newbies, for instance, will enjoy Profit.ly’s library of learning information available on the platform. Not only will they be enriched with weekly videos and chat room tips from the in-house experts and members. They’ll also be able select from the products on its store online for them to take wherever they be. They can also gain hands-on experience trading on the platform, but eventually they’ll be able to realize that the process is a high stakes game that should not be viewed as an amusing pastime.
For the traders with decades of experience in the road, we consider Profit.ly equally suited to them as people who are just beginning. While novice traders may not be as proficient in dealing with trading issues however, experienced traders know how it works along with the risky mix that it carries. It is ideal to use Profit.ly’s range of features to their best advantage to develop their skills in trading. Like novices, they can learn from the top experts and experts , and use those quick tips and tidbits to help them along.
Profit.ly’s “all-inclusive” nature doesn’t just apply to newbies as well as semi-seasoned traders. Verified experts can also join in the excitement! People in the trade industry who are at similar levels to Superman or Tim Sykes can also use up Profit.ly’s capabilities to showcase their skills to others as a way to guide them through the ever-illustrious trading process. Timothy Sykes Genome
Profit.ly’s Pros and Cons
The Pros
- Profit.ly’s diverse capabilities as a ‘one-stop’ stock trading platform allows it to provide traders everywhere with an abundance of knowledge tools, communication, and trading tools
- You get to receive excellent training and tips from the internal experts, which include video libraries that teach you how to learn and real-time trading activities
- You can be sure of complete transparency through Profit.ly with accurate analytics as well as other traders that are waiting to reach you when something goes wrong.
- The leaderboard feature of the platform offers you the chance to establish your credibility as a trustworthy and authentic trader
- In addition to its primary capabilities, Profit.ly also gives its customers additional options to meet their preferences, such as posting unauthentic trades via images
- Profit.ly’s diverse range of packages and subscription levels are priced at reasonable prices – there truly is something for every person
The Cons
- Profit.ly’s numerous packages and products offered may seem overwhelming for the majority of its users
- Since traders can choose to post any kind of trade, there is the possibility that some of them could profit from selecting the best trades in order to improve their ratings This could be a problem that shouldn’t be ignored.
- Profit.ly will not allow refunds as its premium users are expected to instantly take advantage of the numerous features the platform is able to provide
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The Final Verdict The Final Verdict: Is Profit.ly Valued?
If we could come up with an answer to this question, it’s an affirmative “yes”. However, you must realize that the platform should not be used as a scheme to get rich quick. The platform wasn’t originally designed to be used for this reason. Instead, you need to have curiosity. Timothy Sykes Genome
What we mean by ‘yes’ is that it could be a useful learning tool. Those who may be stuck might find Profit.ly’s variety of resources useful when they try their best to reduce losses and perform better than they did before. It’s not only the struggling traders who will profit from the platform. It is able to accommodate novices and even experts in the field!
So, if you genuinely want to become more successful in trading and would like to be taught by your fellows and gurus on the way, you should look no further than Profit.ly. Profit.ly is a fantastic alternative to start.
FAQ Timothy Sykes Genome
What are the best ways to use Profit.ly to post your trades?
Profit.ly includes an entry section for trades within the My Trade category on the dashboard that lets you post your trades, either verified or otherwise. There are three choices:
- Connecting your account to your broker of choice and import trades directly from there
- Manually entering your trades using the spaces provided and details
- Upload a screenshot of your trades
What can I do to determine if the trade is verifiable or not?
If you purchase your trade from a trusted brokerage, there is the chance that it is verifiable. This is evident by the blue check mark. If you upload it manually or through images, it will be assigned as unverified.
The drawback of posting an unverified trade is the risk of getting downvotes from your friends and colleagues. Too many downvotes may cause you to be listed at the top of the Madoff leaderboard, where people can see who’s fraudulent in posting trades.
Is the Profit.ly mobile application still available?
At the time of writing, Profit.ly is still available to download via the Apple App Store as well as on the Google Play store. The mobile version of the app works with all functioning tablets and smartphones.
How many people are connected to Profit.ly?
Profit.ly currently houses more than 150,000 investors and traders since they’re not just trying to maximize profits but also help each other grow and learn more about acquiring opportunities on the stock market left and right.
