Stock trading can be an extremely risky game. On some days, you may have the benefit of pleasing and positive numbers. However, on other days you may experience the opposite and it can be extremely difficult to get back to the point you were at your peak. If you are immersed in the water, you will have to realize that relying on pure instinct and preservation may not always be enough.
If you’ve been incurring loss from time to time and you’re likely to require reliable advice from tested and tried trading experts. Additionally, you’ll require an important boost from trading partners from all over the globe. That’s why we’ve discovered an online platform that will help you in your improvement within the field. In this review, we’ll take 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.
Overall Rating: 4.1/5 Timothy Sykes Profitly 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 allows traders of all levels to be knowledgeable, transparent, accountable, and to build relationships with each other through its broad range of features and tools including chat rooms, trade verification as well as an extensive library of educational content.
What is 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 who are experienced to monitor their performance with the help of sophisticated analytics tools. Providing users with a wide array of options to facilitate trade and communication and letting traders from all walks of life connect with each other. It gives the gurus worthwhile investments within the confines that the site. Think of 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 publishes all data of them in the manner of leaderboards. The platform for trading is built on trust and transparency. it ensures that the transactions are legitimate and will not tolerate inauthenticity as much as it is possible. It was established in the past by penny expert in stock trading and investment expert Timothy Sykes, along with the other expert Michael Mosseri.
In an interview for Forbes publication, Sykes said that Profit.ly was driven by its focus “on showing the entire spectrum of trades, something which has never been done before.” The idea Sykes said served two purposes: 1) keeping track of public data for everyone, not just the experts as well as students and newsletter writers and secondly) allowing anyone on the platform to be enlightened by both the wins and losses to the benefit of the trading industry. Timothy Sykes Profitly Birthday
How Does It How Does It
Profit.ly is a subscription-based platform which allows stock traders to benefit from a variety of features and services aimed at achieving success. You can create an account for free, but you’re only limited to having the capability to browse the leaderboard and follow the activities 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 go over shortly.
Setting up an account is simple: Create an account that includes your personal information and skills, join your brokerage account, and you’ll be given the chance to climb through at the very top of the list. Profit.ly’s Leaderboard function, which was mentioned previously was designed to offer its users an insight into how the community of traders performs as well as its gurus. It’s not only a chance to prove that you’re worthy to the group of traders, as you can also utilize Profit.ly to purchase from a guru with the assurance that you’re comfortable in their skills and the veracity of their assertions.
If you feel uneasy with the concept of leaking the details of your broker account you may choose to publish your trades, either verified or not, by taking screenshots. Also included in Profit.ly is the huge selection of courses in trading and the capability to see the stats of a trader’s account and other methods to interact with your experts via chatrooms along with text and e-mail alerts and updates.
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Meet the Founder: Tim Sykes
Timothy Sykes is a well-renowned day trading guru who is famously known for his efforts in the penny-stock market. According to Investopedia Penny stock refers to a small-sized company’s shares that trade for under $5 for each share. The penny stock market is a stepping stone for small-scale businesses to make the transition into a larger market because it allows them to access money from the general public. But don’t be mistaken – it’s also a high-risk game, which Sykes will be able to tell you thanks to his years of expertise.
Since his initial beginnings in the latter years of high school, Tim Sykes has, since then, earned more than $6 million in profits through his lengthy career as a trader. At the age of 25 Sykes was given greater exposure and a larger influence over time when he was a part of the reality series “Wall Street Warriors.” Then, he took advantage of it to establish trading rooms as well as penny stock themes and educational content geared toward those who are just beginning to learn about trading. He also helped to establish Profit.ly as a place for 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 sweet inclusions is the vast array of educational sources, trade alerts and other useful stuff offered by the company’s internal gurus. Gurus are referred to the experts in trading who have earned substantial amounts of money from their combined years of expertise. Timothy Sykes Profitly 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 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 this platform: the founder of the penny stock market Tim Sykes and veteran smallcap swing trader Paul Scolardi, also known as Superman. When we take that into account Let’s look at what packaged deals each guru offers.
From Tim Sykes Tim Sykes: Tim’s Alerts
Sykes provides basic stock trading services that focuses on penny-stock day trading via Tim’s Alerts. Costing $74.95 for a month you’ll see him focus on the basic stock catalysts and employ them to predict the next possible moves in making trades.
A purchase on its own from Tim’s Alerts will get you access to the chatroom, as well as the mobile app available to iOS and Android devices; text, e-mail, and push alerts; as well as a daily watchlist of stocks.
From Tim Sykes: The Pennystocking Silver Package
Pennystocking Silver is the most premium version, with an upgraded version of Tim’s Alerts program. It costs $149.95 monthly, this is the perfect plan for investors who are invested in investing in penny stocks. Pennystocking Silver comes with all the standard features of earlier plans including swing trading alerts and unlimited access to an extensive collection of more than 7,000 educational videos that are updated weekly.
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In “Superman” Paul Scolardi: Superman Alerts
Scolardi who goes under the name “Superman,” is a swing trading professional with an eye for both tiny-cap massive stocks as well as wildly accurate marketing forecasts. Since when he first started trading, Superman has amassed over $5.5 million in all-time trading earnings. Timothy Sykes Profitly 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/month, you’ll get an access to the day-to-day stock watchlist that is premarket as well as the mobile app, daily market updates in real-time, and email and SMS alerts.
The film “Superman” Paul Scolardi: Superman Pro
For $247 per month, you can enjoy additional features and access to a knowledgeable base provided by Superman himself via Superman Pro. Superman Pro package. On top of the essentials included in the Alerts package, Superman Pro gives you weekly video lessons, including a growing library of all previous lessons. In addition you’ll also gain an access to high-quality research papers and an IPO or earnings monitor.
Profit.ly Programs and Costs
If you’re ready to join the trading community on the internet and make a mark on the field, Profit.ly has the right amount of resources to help you up and running. The platform has three membership tiers that cater to traders of different levels. Let’s break down what these three are and how much they will cost you.
Novice Plan
The Novice package is Profit.ly’s entry-level plan designed especially for those who are just beginning their journey to the trading community. When you sign to this plan you’ll be given a slew of robust and indispensable trading tools, all of them integral in keeping your fingers on what we call a competitive process by itself.
Among the list of things you can accomplish with Profit.ly’s Novice program is the ability to verify the results of your trades and track profit; leading, following, and even messaging your fellow traders; and providing feedback on trades today. You’re also allowed to get onto leaderboards; study your trades, sort as well as filter trades and, finally, see other’s stats.
The Novice plan is $29.95 per month. Although it looks attractive for the price alone, there is a downside. You can’t create a private profile, which makes your personal information public. If you do want to get access to this feature, you should be watching for us to introduce to you Profit.ly’s next strategy.
Trader Plan
The Trader package allows users to benefit from a majority of features from the novice plan. This plan allows that you are able to create an individual profile that allows you for sharing with fellow associates all your insights and intel in trader’s community.
The price is $49.95/month, Profit.ly’s Trader plan will do what the name implies caters to those who desire to improve their trading skills. 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 other traders’ statistics that might be a drawback for some who may be looking forward to this tier. Timothy Sykes Profitly Birthday
Pro Plan
This is by far the most premium package that Profit.ly offers to experienced traders. With $74.95 monthly, and a 22% discount for annual billing, this tier has everything. You get full, no-holds-barred access to all features from the two previous plans combined.
You’re not only able to see other users’ stats, but you’re also given the chance to create your own private profile. These two features are on top of all the benefits that you can use to the fullest potential. If you’re looking for a plan that can serve you everything you need as a skilled trader, maybe the Pro plan is ideal for you!
Profit.ly’s Other Services
Apart from the training tools and the Leaderboards Profit.ly has a few more services it has to provide. One of these is its online store, where customers can choose from a wide array of video products that are designed to educate and guide you through the nuances and pitfalls of trading. All of the products featured in this section of the website can be bought immediately for your personal use. Some of these include bestsellers such as the “Trading Tickers” series from trading expert Tim Grittani, Timothy Sykes’s collection of DVDs, streaming-only content related to penny stocking, short stocking, as well as all related to trading, videos and clips taken from events like the Annual Pennystocking Conference, and other products by expert traders.
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The integrated chat rooms are also part of Profit.ly’s array of features and services. You may be familiar with the concept of the chat room as you can see it across social and messaging platforms, in addition to a few special websites that offer live chat support. But in Profit.ly, it is seen as a hands-on space where experts and their members trade and share knowledge in real-time. Every guru has their own style in running their chat rooms and dealing with the listed members there. One might be more laid back and less active, while another might be more online and communicative to their pupils. Think of chat rooms like Profit.ly’s version of the forum, in the essence.
Who is the best trader to Profit.ly?
Profit.ly’s diverse range of products and features are geared towards a large variety of stock traders, ranging from beginners to experienced pros. Given the wide range of options it offers this platform definitely has something for all.
Newbies, for instance, can take advantage of Profit.ly’s knowledge-based content offered throughout the platform. Not only will they get daily videos and chat room tips from its in-house gurus and their members. They’ll also be able choose from the items on its store online that they can take with them wherever they may go. They can also gain hands-on experiences by trading through the platform, but ultimately they’ll be able to realize that trading is a high stakes game that shouldn’t be treated as a joke.
For traders who have decades of experience in the line, we believe Profit.ly as equally as suitable to them as people who are just beginning. While novice traders may not be as proficient in dealing with trading issues, the pros already understand the way it functions and the stack full of risks associated with it. Ideally, they may use Profit.ly’s variety of features to their best advantage to improve their trading skills. As beginners, they are able to learn from the experts and experts , and use those quick tips and tidbits throughout the process.
Profit.ly’s “all-inclusive” nature does not only apply to beginners and semi-experienced traders. Verified experts can also join in the excitement! Trade professionals who are at the same level as Superman and Tim Sykes can also use the power of Profit.ly’s abilities to show off their skills to others as a way to guide them through the ever-illustrious trading process. Timothy Sykes Profitly Birthday
Profit.ly’s Pros and Cons
The Pros
- Profit.ly’s diverse capabilities as a ‘one-stop’ stock trading platform allows traders from all over the world with a wealth of education tools, communication, and trading tools
- You’ll be taught by experts and insights from its inside experts, as well as video libraries that teach you how to learn and live trading activity.
- You’re assured of transparency throughout Profit.ly with accurate analytics as well as other traders ready to call you out whenever something happens
- The leaderboard feature of the platform offers you the chance to establish your reputation as a reliable and dependable trader
- In addition to its primary features, Profit.ly also gives its customers additional options to meet their preferences, such as posting unauthentic trades via screenshots
- Profit.ly’s variety of subscription plans and guru packages are priced at reasonable prices There is truly something for every person
The Cons
- Profit.ly’s bountiful stream of packages and products offered may be too much for the majority of its users
- As traders may opt to post any kind of trade, there is the possibility that some of them may take advantage by cherry-picking the best trades to improve their ratings – this may be a risk that shouldn’t be simply overlooked
- 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: Is Profit.ly Valued?
If we could think of an appropriate answer for this query, it would be a ‘yes’. However, you must realize that this platform shouldn’t be viewed as a get-rich-quick scheme. The platform wasn’t originally designed to be used to achieve this goal. Instead, you should have an open mind. Timothy Sykes Profitly Birthday
What we mean by ‘yes’ is that it could be a useful learning tool. For those who are struggling, they may be able to find Profit.ly’s array of resources helpful in their efforts to reduce losses and be more successful 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 desire to be a better trader and want to learn from your mentors and peers on the way, you should look no further than Profit.ly. Profit.ly may be a great choice to start.
FAQ Timothy Sykes Profitly Birthday
How do you use Profit.ly to make your trades public?
Profit.ly has the option of allowing trade entries within the ‘My Trade category on the dashboard that lets you record your trades that are verified or otherwise. You may choose between three options:
- Linking your account with your broker of choice and import the trades from that directly
- Manually inputting your trades with provided spaces and specifics
- Take a photo of your transactions
How can I tell if the trade is verifiable or not?
If you import your trade from a trusted brokerage, there’s a high probability that it’s verifiable. This is indicated with the small blue check. If you submit the information manually or via pictures, it will be assigned as unverified.
The downside of having an unauthenticated trade is the possibility of receiving negative feedback from colleagues. If you receive too many negative votes, it could cause you to be listed at the top of the Madoff leaderboard, which is where the public can see who’s fraudulent in posting trades.
Are the Profit.ly mobile app still in use?
As of this writing, Profit.ly is still available to download from the App Store for Apple and the Google Play store. The mobile version of the app is compatible with most operating tablets and smartphones.
How many people are currently connected to Profit.ly?
Profit.ly currently houses more than 150,000 traders and investors, since they’re not just trying to maximize profits but also to help one another learn and improve in acquiring opportunities on the stock market all over the world.
