Stock trading is an exciting game with high stakes. Some days, you could have the benefit 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 your peak. If you find yourself always in the mud it is important to recognize that relying on instinct and survival might not be enough.
If you’ve been incurring losses from time to time and you’re likely to require reliable advice from tested and tried trading experts. Also, you’ll need an enormous boost from your trading partners from all over the globe, which is why we’ve found an online platform that will help you in your improvement in the market. In this review, we’ll take the time to 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 Wife Age
The User’s Experience 4.5/5
Profit.ly offers an internet-based trading service that permits traders of all levels to be knowledgeable, transparent, accountable, and uplifting with one another through its wide variety of tools and features including trade verification, chat rooms and a rich library of educational material.
What is Profit.ly?
Profit.ly is a trading site that functions as a learning and training platform for people who are just beginning their journey as well as a place for experienced traders to track their performance with the help of advanced 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 also allows gurus to make worthwhile investments within the confines of the platform. Consider it an online social media platform similar like Facebook and Reddit however it is geared towards professionals and traders.
Profit.ly independently checks the performance of trades and posts all the data of them in the manner of leaderboards. The platform for trading is built on transparency and honesty: it ensures that the trades are authentic and won’t accept fake news as long as possible. It was created 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 said that Profit.ly was driven by its focus “on the transparency of all trades, something that has never been prior to.” The concept Sykes said served two objectives: one) creating public track records for all traders, not just the gurus as well as newsletter authors and students and secondly) making it possible for everyone on the platform to gain insight into both the wins and losses to the benefit of the trading industry. Timothy Sykes Wife Age
How Does It Perform?
Profit.ly follows a subscription-based model which allows stock traders to benefit from a variety of tools and services that are geared toward the success of their business. You may set up an account at no cost, however you’re only limited to having the ability to navigate through the leaderboard and observe the actions of non-gurus. If you’re interested in investing your money in order to find out which stocks the gurus are trading in real-time, you will need to join one of Profit.ly’s offerings that we’ll review in the coming days.
The process of opening an account is simple: Create a profile with your experiences and expertise, connect to your brokerage account and you’ll be given a chance to shoot your way to at the very top of the list. Profit.ly’s leaders’ board feature as mentioned previously it is designed to provide its users an insight into their performance as a trading group as well as its experts. You’re not just allowed to demonstrate value to a group of traders, as you are also able to use Profit.ly to shop from a guru with the confidence that you are confident in their skills and the legitimacy of their assertions.
If you feel uneasy with the concept of leaking information about your account with a brokerage, you may choose to publish your trades, whether verified or not, by taking photographs. Included in Profit.ly are a variety of trading courses as well as the ability to look at statistics on a person’s profile and other methods to communicate with your gurus via chatrooms along with 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 is famously known for his efforts in the penny-stock market. According to Investopedia Penny stock is a small business’s shares that trade for less than $5 per share. The trading of penny stocks can be seen as an avenue for small businesses to transition to a large marketplace as it allows them to access capital from the general public. However, don’t get it wrong – it’s also an extremely risky game, as Sykes is sure to reveal because of his decades of expertise.
Since his initial beginnings in his late years in High School, Tim Sykes has, since then, made more than $6 million in profit through his lengthy career as trading professional. When he was 25 years old Sykes was given more exposure and a wider impact when he became part of the reality series “Wall Street Warriors.” Then, he made use of the show to establish trading rooms, penny stock themes, as well as educational content targeted at those who are new to trading. He also helped establish Profit.ly as a place for transparency and for the community to uplift and compete on the platform.
The Profit.ly Gurus
One of Profit.ly’s sweet inclusions is the wide range of educational sources, trade alerts as well as other useful information provided by the in-house experts of the platform. Gurus are referred to experts in the field of trading who have proven to make significant amounts of profit from their combined years of expertise. Timothy Sykes Wife Age
At its peak, Profit.ly had housed up to five gurus. Each of them a professional within their particular field in the trading industry. Some of the most prominent gurus included Connor Bruggermann, Nathan Michaud of Investors Underground, and Triforce among others. At the time of writing, however, 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 what packaged deals each guru has to offer.
From Tim Sykes: Tim’s Alerts
Sykes provides a basic stock trading service which focuses on penny-priced day trading with Tim’s Alerts. The cost is $74.95 monthly, you’ll be able to be able to see him concentrate on the fundamental stock catalysts and use them to forecast the next move that is possible when making trades.
A single purchase in Tim’s Alerts will get you access to the chatroom as well as the mobile app available for iOS and Android devices; email, text 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 for a month this is a great option for those who are more invested in penny stock trading. Pennystocking Silver includes all the basic features found in prior plans, which includes alerts for swing trading and access to a rich collection of more than 7,000 educational videos and new videos released every week.
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In “Superman” Paul Scolardi: Superman Alerts
Scolardi, who goes by the name “Superman,” is a trader who has an eye for massive stocks of the small-cap size and insanely accurate marketing forecasts. Through the years since when he first started trading, Superman has amassed over $5.5 million in all-time trading profits. Timothy Sykes Wife Age
The Superman Alerts plan is his package of vital features and trading alerts geared towards those who might be interested. For $147 per month, you’ll gain access daily stock watchlist that is premarket along with the mobile app, daily market updates in real-time, and E-mail and SMS alerts.
From “Superman” Paul Scolardi: Superman Pro
For the price of $247, you receive additional features and access to an extensive base of knowledge of information provided by Superman himself via his Superman Pro package. In addition to the basic features included in the Alerts package, Superman Pro gives you daily video lessons, which include a growing library of all the previous ones. In addition you’ll also have the ability to access premium reports on research and the IPO as well as earnings tracking tool.
Profit.ly Plans and Costs
If you’re eager to join the trading community on the internet and leave a mark in the field, Profit.ly has the right amount of resources to help you up and running. The platform offers three membership levels that cater to traders with different levels. Let’s take a look at what these three levels are and what they will cost you.
This package for novices is Profit.ly’s basic plan that is designed specifically for people who are brand new to the trading world. Once you have signed up for this plan, you will be immediately offered a range of strong and essential trading tools, all one of them essential in keeping your hands on what we call a competitive procedure in its own.
Some of the features you can do using Profit.ly’s Novice package include the ability to confirm trades and track profits as well as leading, following and even chatting with your fellow traders, as well as providing feedback on trades today. You can also get onto leaderboards; study the results of your analysis, sort, and filter your trades and, finally, see other people’s statistics.
The Novice plan will cost $29.95 per month. Although it might look appealing for the price alone, there is a downside. You aren’t able to create a personal account, making your personal information public. If you do want to get the benefit of this service, keep an eye on us as we present to you Profit.ly’s next plan.
The Trader Plan
The Trader plan allows you to use many of the features of The Novice package. This plan allows that you are able to create a private profile to share 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: Cater people who want to harness their trading skills. While it’s nice but there’s one important aspect that’s not included. Unlike the previous Novice package, this one won’t be able to see other traders’ stats, which might be a drawback for some who may be looking forward to this tier. Timothy Sykes Wife Age
This is by far the highest premium package that Profit.ly can offer to experienced traders. At $74.95 each month which includes a 22% discount when billed annually, this tier has everything. You will have full, unrestricted access to all options of the prior plans.
Not only do you get to look at other people’s statistics and data, but you also have the opportunity to create your own private profile. Both of these options, on top of all the benefits that you can use to the fullest potential. If you’re in search of a plan that can serve all the features you need to be an experienced trader, the Pro plan is the right choice for you!
Profit.ly’s Other Services
Apart from the tools for training and leaderboards, Profit.ly offers a number of other services they provide. One of these is its online store, where customers can choose from a wide array of video products designed to inform and provide guidance on the nuances and pitfalls of trading. All of the products featured on this page of the website can be immediately purchased for personal use. These include best-selling products such as”Trading Tickers,” the “Trading Tickers” series from trading professional Tim Grittani, Timothy Sykes’s collection of DVDs and streaming-only content related to penny stocking, short stocking, as well as all related to trading, videos and footage from the Annual Pennystocking Conference, and products from other expert traders.
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The chat rooms that are integrated are included in Profit.ly’s range of features and services. You may be familiar with the concept of chat rooms since you will see it on social and messaging platforms, in addition to a few special websites that offer live chat assistance. But in Profit.ly, it is seen as a space where experts and their members trade and exchange knowledge in real-time. Each guru has their style when it comes to running their chat room and dealing with the members there. Some may be a laid-back person who is not very often active, while another may be more interactive and online with their students. Think of chat rooms like Profit.ly’s version of a forum, in essence.
Who is the best Trader for Profit.ly?
Profit.ly’s diverse range of products and features cater to a large variety 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 everyone.
Newbies, for instance, will enjoy Profit.ly’s knowledge-based materials available across the platform. In addition, they will get daily videos and chat room advice from the in-house experts and their members. They’ll also be able choose from the items from its online store to carry with them wherever they be. Additionally, they can gain practical experience trading on the platform, however, they will soon learn that this is a high stakes game that shouldn’t be taken as an amusing pastime.
For traders who have decades of experience in the line, we see Profit.ly as equally as suitable to the newcomers. While the newbies may not be as proficient in handling trading matters however, experienced traders know how it works along with the risky mix that come with it. Ideally, they may utilize Profit.ly’s array of features to their best advantage to develop their skills in trading. As beginners, they are able to learn from the experts and experts , and use those simple tips and hints to help them along.
Profit.ly’s “all-inclusive” nature doesn’t just apply to newbies or semi-experienced trader. Verified experts can also join in the fun! Those in the trading industry who are at an equal level with Superman as well as Tim Sykes can also use the power of Profit.ly’s abilities to show off their skills to others as a way to navigate them through the ever-changing trading process. Timothy Sykes Wife Age
Profit.ly’s Pros and Cons
- Profit.ly’s numerous capabilities as a “one-stop” stock trading platform enable traders from all over the world with tons of learning, communication, and trading tools
- You will receive excellent training and insights from its internal experts, which include collections of educational videos as well as real-time trading activities
- You’re guaranteed transparency throughout Profit.ly by using accurate data and fellow traders that are waiting to reach you out if something occurs.
- The leaderboard feature on the platform gives you the chance to establish your credibility as a trustworthy and authentic trader
- In addition to its primary features, Profit.ly also gives its users extra options to suit their individual preferences, for instance, posting unverifiable trades through photographs
- Profit.ly’s wide array of subscription plans and guru packages are priced at a reasonable cost – there truly is something for every person
- Profit.ly’s numerous packages and services offered could be too much for the majority of its users
- As traders may opt to open any kind of trade, there is the possibility that some of them may take advantage by picking the most profitable trades to boost their rating – this may be a problem that shouldn’t be simply overlooked
- Profit.ly does not accept refunds, as the premium customers will immediately benefit from the many services the platform has to provide
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The Final Verdict: Is Profit.ly worth it?
If we could think of an answer to this question, it’s a ‘yes’. But it is important to realize that this platform shouldn’t be viewed as a scheme to get rich quick. The platform wasn’t originally intended to be created for this reason. Instead, it is best to keep the ability to think with an open heart. Timothy Sykes Wife Age
What we do mean”yes” is it could be a useful learning tool. People who are stuck might find Profit.ly’s variety of resources to be helpful when they try their best to incur lesser loss and perform better than they did before. It’s not only the poor traders that can profit from the platform. It can accommodate beginners and even experts in the field!
If you truly desire to be better at trading and wish to be taught by your peers and experts on the way, look no further – Profit.ly is a fantastic alternative to start.
FAQ Timothy Sykes Wife Age
How do you use Profit.ly to publish your trades?
Profit.ly includes an entry section for trades within the “My Trade category on the dashboard. It allows you to post 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 entering your trades into specified spaces and information.
- Take a photo of your trades
What can I do to determine whether the trade is authentic or not?
If you import your trade from a reputable brokerage, there is an excellent probability that it’s verifiable. This is shown by the small blue check. If you post it manually or through images, it will be assigned as unverified.
The disadvantage of an unauthentic trade is the possibility of getting downvotes from your friends and colleagues. A large number of downvotes could cause you to show up in the Madoff leaderboard, which is where the public can see who’s dishonest in posting trades.
Does the Profit.ly mobile application still available?
As of this writing, Profit.ly is still available to download via the Apple App Store as well as in the Google Play store. The mobile app version is compatible with the majority of functioning tablets and smartphones.
How many people are currently connected to Profit.ly?
Profit.ly currently houses more than 150,000 investors and traders, because they are not just trying to maximize profits but also help each other learn and improve in acquiring stock market opportunities both right and left.