The stock market can be an extremely risky game. On some days, you may enjoy the benefits of positive and satisfying numbers. However, on other days it could be the reverse and it can be extremely difficult to get back to where you were at your peak. If you find yourself always in the mud it is important to realize that relying on pure instinct and preservation is not always enough.
If you’ve suffered losses from time to time You’ll need sound advice from tried-and-tested trading experts. Also, you’ll need an important boost from fellow traders from around the globe. That’s why we’ve identified an option that can help you in your improvement within the field. We’ll be taking an in-depth 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.
Total Rating: 4.1/5 Timothy Sykes Net Worth 2021
Value: 4.1/5
Quality: 4.1/5
Costs: 4.1/5
User Experience: 4.5/5
Summary
Profit.ly offers an internet-based trading service that allows traders of different levels to be knowledgeable and accountable, as well as transparent and to build relationships with each other through its broad range of features and tools 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 which serves as a learning and education platform for people new to trading as well as a place for experienced traders to track their performance through the use of cutting-edge analytics tools. Providing users with a wide variety of tools to facilitate trade and communication that help traders from every field of business connect with one another. It gives the gurus an opportunity to invest in the right areas of the platform. Imagine it as an online social media platform similar the likes of Facebook and Reddit however it is geared towards professionals and traders.
Profit.ly independently validates trade performance and then publishes the information from them in the style of leaderboards. The trading platform is built on honesty and transparency: it guarantees that the trades are valid and won’t allow for fraud as much as it is possible. It was founded in the past by penny expert in stock trading and investment guru Timothy Sykes, along with his colleague Michael Mosseri.
In an interview for Forbes magazine, Sykes stated that Profit.ly was based “on showing every trade, something that has never been prior to.” The concept, he added, served two objectives: one) making public records for all traders, not just the gurus as well as newsletter writers and students as well as) allowing everyone on the platform to gain insight into both losses and wins to the benefit of the trading industry. Timothy Sykes Net Worth 2021
How Does It How Does It
Profit.ly utilizes a subscription model that lets stock traders gain access to a multitude of tools and services that are geared at achieving success. You can create an account on the site for free, but you’re limited to 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 subscribe to any of Profit.ly’s deals, which we will discuss in the near future.
Setting up an account is simple: Create a profile with your experiences and knowledge, then connect to your brokerage account, and you have yourself a chance to shoot your way up to the top of the leaderboard. Profit.ly’s leaderboard feature, as previously mentioned was designed to offer its users a glimpse of the performance of the trading community as well as its experts. It’s not just a way to prove value to a group of traders. You can also use Profit.ly to shop with a professional with the assurance that you’re confident with their expertise and the legitimacy of their assertions.
If you are unsure about the idea of divulging your brokerage account, you may opt to post your trades, verified or not, by taking screenshots. In Profit.ly are a variety of trading classes as well as the ability to look at the stats of a trader’s account, and more ways to communicate with your gurus in the chatroom, in addition to text and e-mail alerts and updates.
> > Click Here to Check Out Profit.ly < <
Meet the Founder: Tim Sykes
Timothy Sykes is a well-renowned day trading guru who is famously known for delving his hands into penny stock trading. 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 can be seen as an avenue for small businesses to transition into a larger market because it gives them access to funds from the general public. However, don’t get it wrong – it’s also an extremely risky activity, as Sykes can surely tell thanks to his years of experience.
Beginning at the end of his time in the high schools, Tim Sykes has, since then, earned an estimated $6 million profits throughout his illustrious career as a trader. At the age of 25 Sykes was given greater exposure and a larger impact when he was a part of the reality TV show “Wall Street Warriors.” Then, he took advantage of it to establish trading rooms, penny stock themes, and educational material aimed at those who are just beginning to learn about trading. He also helped establish Profit.ly as a platform for openness, and for the community to lift each other up and compete through the platform.
The Profit.ly Gurus
One of Profit.ly’s amazing features is the variety of learning resources, trade alerts, as well as other useful information provided by the in-house experts of the platform. These gurus refer to the experts in trading who have proven to make substantial amounts of money from their collective years of expertise. Timothy Sykes Net Worth 2021
At its height, Profit.ly had housed up to five gurus, all of them a pro within their particular field in the field of trading. Some of the most prominent experts were Connor Bruggermann, Nathan Michaud of Investors Underground, and Triforce, among a few others. At the time of writing there are only two gurus who remain on the platform: 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 what packaged deals each guru has to 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. The cost is $74.95 monthly, you will see him focus on the basic stock catalysts and employ them to anticipate the next possible moves in trading.
A single purchase in Tim’s Alerts will get you access to the chatroom and the mobile app available on 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, it is a great option for investors who are committed to investing in penny stocks. Pennystocking Silver comes with all the standard features found in the previous plan, such as swing trading alerts as well as unlimited access to an extensive library of over 7,000 educational videos that are updated every week.
> > Click Here to Check Out Profit.ly < <
The following video is from “Superman” Paul Scolardi: Superman Alerts
Scolardi who goes under the name “Superman,” is a professional in swing trading with an eye for small-cap monumental stocks and crazy-accurate marketing forecasts. Through the years since when he first started trading, Superman has amassed over $5.5 million in all-time trading earnings. Timothy Sykes Net Worth 2021
The Superman Alerts plan is his offering of essential features and trading alerts targeted toward those who may be interested. For $147/month, you’ll get access to the daily premarket stock watchlist and the mobile app, 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 provided by Superman himself via Superman Pro. Superman Pro package. Alongside the standard features included in the Alerts plan, Superman Pro gives you weekly video lessons, including the growing collection of other previous ones. In addition you’ll also have the ability to access premium reports on research as well as an IPO or earnings monitor.
Profit.ly Plans and Costs
If you’re ready to join the world of online trading and make a mark on the market, Profit.ly has the right amount of tools to get you started. Profit.ly offers three membership levels that cater to traders at different levels. Let’s break down what these three are and how much they will cost you.
Novice Plan
The package called Novice is Profit.ly’s entry-level plan designed especially for those who are new to the world of trading. When you sign up for this package, you will be immediately given a slew of robust and indispensable trading tools, each one of them essential in keeping your fingers on what call a competitive process by itself.
The list of features you can accomplish with Profit.ly’s Novice package include the capability to check trades and track profits; leading, following and even chatting with your fellow traders, as well as leaving feedback on today’s trades. It also allows you to be onto leaderboards; study, sort, and filter your trades; and, lastly, view other people’s statistics.
The Novice plan will cost $29.95 per month. Although it looks attractive just by the price, there is a downside. You can’t create a private profile, thus making your actions public. If you’re looking to gain an account with this option, be watching for us to introduce to you Profit.ly’s next plan.
Trader Plan
The Trader package lets you to use the majority of features available in The Novice package. This plan allows that you can set up a private profile for sharing with fellow associate users all your knowledge and intel in trader’s community.
Costing $49.95/month, Profit.ly’s Trader plan does what the name suggests caters people who want to develop their expertise in trading. While it’s nice, there is one significant element that’s missing. Unlike the previous Novice package, you won’t be able to view the statistics of other traders that might be a drawback for those who are looking forward to this tier. Timothy Sykes Net Worth 2021
Pro Plan
The Pro plan is the most luxurious package Profit.ly could offer for seasoned traders. It costs $74.95 per month, and an additional 22% discount when billed annually This plan offers it all. You will have full, unrestricted access to all the features of the previous plans combined.
Not only do you get to view other people’s stats, but you’re also given the opportunity to create an individual profile. Both of these options, on top of all the advantages you’ll be able to use to their fullest capacity. If you’re in search of a plan that can serve all the features you need to be an experienced trader, the Pro level is ideal for you!
Profit.ly’s Other Services
Apart from the trainer tools and leadersboards Profit.ly provides a variety of other services they offer. One of these is its online store, which lets users choose from a wide array of video products designed to inform and help you understand the nuances and pitfalls of trading. Each of the offerings listed in this section of the site can be immediately purchased for personal use. Some of these include bestsellers like”Trading Tickers,” the “Trading Tickers” series by trading expert Tim Grittani, Timothy Sykes’s library of DVDs and streaming-only content about short stocking, penny stocking, and other things trading-related, clips and scenes taken from events like the Annual Pennystocking Conference, and items from other experts in trading.
> > Click Here to Check Out Profit.ly < <
Chat rooms integrated into Profit.ly are included in Profit.ly’s range of features and services. You are probably familiar with the concept of the chat room as you will see it on messaging and social platforms, and also on a few specialty websites that offer live chat assistance. However, in Profit.ly, it is seen as a area where experts and members can interact and learn in real time. Each guru has their style in running their chat rooms and dealing with the listed members. Some may be laid back and rarely active, while another may be more active and in touch to their pupils. Think of the chatrooms as Profit.ly’s version of the forum in essence.
Who is the ideal trader to Profit.ly?
Profit.ly’s variety of offerings and features are geared towards an array of stock traders, ranging from novices to experienced professionals. Given the wide range of options it offers, the platform surely has something for every person.
Beginners, for instance, will appreciate Profit.ly’s knowledge-based content offered throughout the platform. They will also be provided with videos every week and chat room advice from its in-house gurus as well as their members. Additionally, they can choose from the items on its store online for them to take wherever they travel. Additionally, they can gain practical experiences from trading within the platform, however they’ll be able to realize that the process is a risky game that shouldn’t be treated as an amusing pastime.
For the traders with years of exposure down the line, we see Profit.ly as equally as suitable to people who are just beginning. While the newbies may not be as well-equipped with handling trading matters however, experienced traders know how it works along with the stack full of risks that come with it. Ideally, they may utilize Profit.ly’s array of options to their maximum advantage to enhance their trading skills. As beginners, they are able to study from the gurus and experts and utilize those short tips and tricks along the way.
Profit.ly’s ‘all-together’ nature isn’t limited to novices or semi-experienced trader. Verified experts can also join in the enjoyment! Those in the trading industry who are on the same level as Superman or Tim Sykes can also use up Profit.ly’s capabilities to display their expertise to other traders as a way to help assist them in the ever-changing trading process. Timothy Sykes Net Worth 2021
Profit.ly’s Pros and Pros and
The Pros
- Profit.ly’s numerous capabilities as a “one-stop” stock trading platform allows traders from all over the world with an abundance of knowledge communications, trading, and communication tools
- You’ll be provided with excellent lessons and advice from the company’s in-house gurus, including collections of educational videos as well as trading in real-time.
- You can be sure of complete transparency through Profit.ly by using accurate data and fellow traders ready to call you out whenever something happens
- The leaderboard feature of the platform offers you the opportunity to increase your credibility as a trustworthy and dependable trader
- Apart from its main features, Profit.ly also gives its customers additional options to meet their individual preferences, for instance, posting unauthentic trades via photographs
- Profit.ly’s wide array of packages and subscription levels are priced at affordable rates There’s something for all
The Cons
- Profit.ly’s abundance of packages and services offered could be too much for most of its users
- Since traders can choose to post any kind 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 problem that shouldn’t be ignored.
- Profit.ly will not allow refunds as the premium customers are expected to instantly take advantage of the numerous services that the platform can offer
> > Click Here to Check Out Profit.ly < <
The Final Verdict The Final Verdict: Is Profit.ly Valued?
If we could come up with an answer to this question, it’s a ‘yes’. But it is important to realize that this platform shouldn’t be viewed as a get-rich-quick scheme. It wasn’t meant to be designed in this way. Instead, you need to have an open mind. Timothy Sykes Net Worth 2021
What we are referring to”yes” is it is a fantastic learning tool. Those who may be stuck may be able to find Profit.ly’s variety of resources useful as they do their best to avoid losses and perform better than they did before. Not only struggling traders that will profit from the platform. It is able to accommodate novices and even experts in the field!
If you truly desire to be a better trader and want to be taught by your mentors and peers on the way, take a look at Profit.ly. Profit.ly could be a good choice to start.
FAQ Timothy Sykes Net Worth 2021
What are the best ways to use Profit.ly to publish your trades?
Profit.ly offers the option of allowing trade entries under the “My Trade’ category of the dashboard. It allows you to post your trades, verifiable or not. You may choose between three options:
- Linking your account with your broker of choice and import trades directly from there
- Manually entering your trades into provided spaces and specifics
- Upload a screenshot of your trades
How do I know if the trade is verifiable or not?
If you buy your trade from a reputable brokerage, there is the likelihood that it can be verified. This is indicated with the blue check mark. If you post it in a manual way or by taking images, it will be classified as unverified.
The drawback of posting an unauthentic trade is the possibility of receiving downvotes from friends and colleagues. A large number of downvotes could cause you to be listed on the Madoff leaderboard, which is where the public are able to identify who is untruthful in submitting trades.
Does the Profit.ly mobile app still available?
As of this writing, Profit.ly is still available for download on the Apple App Store and the Google Play store. The mobile version of the app is compatible with most operating tablets and smartphones.
How many people are currently on Profit.ly?
Profit.ly is currently home to over 150,000 traders and investors, because they are not just trying to maximize profits but also to help one another develop and grow in their ability to take advantage of opportunities in the stock market left and right.
