The stock market can be an extremely risky game. On some days, you may be reaping the benefits of positive and satisfactory numbers. On other days, the opposite may happen, and it may sometimes be extremely difficult to get back to where you were your peak. If you’re constantly stuck in the gutter, you will have to realize that relying on pure instinct and preservation might not be enough.
If you’ve been incurring occasional losses You’ll need solid advice from seasoned and tested trading experts. Additionally, you’ll require a significant boost from your fellow traders from around the globe, which is why we’ve discovered a platform that can support you in your growth in the industry. We’ll be taking the time to look at Profit.ly A well-respected single-stop social platform to trade!
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 What Trading Platform Does Timothy Sykes Use
Users Experience 4.5/5
Profit.ly is an online trading platform that enables traders of different levels to be informative and accountable, as well as transparent and encouraging each other by offering a wide variety of tools and features including chat rooms, trade verification as well as an extensive library of educational content.
How do I define Profit.ly?
Profit.ly is a trading site that serves both as a learning and education platform for people new to trading and as a hub for traders with experience to keep track of their performance with the help of sophisticated analytics tools. Offering users a broad array of options for trade and communication, it helps traders from all walks of life connect with each other. It also allows gurus to make worthy investments within the boundaries of the platform. Think of it as the social media equivalent to Facebook and Reddit however it is geared towards traders and experts.
Profit.ly independently checks the performance of trades and publishes all data from them in the form of leaderboards. The trading platform is built on honesty and transparency: it guarantees that the transactions are legitimate and will not allow for fraud as much as possible. It was established years ago by the 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 every trade, something that has never been done before.” The concept, he added, served two purposes: 1) making public records for not just the gurus, but also the newsletter authors and students, and 2) allowing anyone on the platform to be enlightened by both the wins and losses to benefit the industry of trading. What Trading Platform Does Timothy Sykes Use
How Does It Perform?
Profit.ly is a subscription-based platform which allows stock traders to have access to a range of services and features geared towards achieving the success of their business. You may set up an account at no cost, however you’re only given the ability to navigate through the leaderboard and observe the actions of non-gurus. If you’re looking to invest your money to see which stocks the gurus are trading in real time, you will need to sign up to one of Profit.ly’s offers that we’ll go over shortly.
The process of opening an account is easy: create a profile with your experiences and knowledge, then connect to your brokerage account and you have yourself the chance to climb your way up to high on the leaderboard. Profit.ly’s leaderboard feature, as previously mentioned it is designed to provide its users a look at how the community of traders performs and its gurus. You’re not just allowed to show that you’re worthy to the group of traders, as you can also utilize Profit.ly to purchase from a guru with the confidence that you are confident with their expertise and the veracity of their claims.
If you feel uneasy with the idea of sharing your brokerage account, you can opt to post your trades, either verified or not, via photographs. Included in Profit.ly are the vast number of trading classes, the ability to view stats in a trader’s profile, and more ways to communicate with your gurus in the chatroom, as well as text and e-mail alerts and updates.
> > Click Here to Check Out Profit.ly < <
Meet Tim Sykes, the founder: Tim Sykes
Timothy Sykes is a well-renowned day trading personality who is famously known for his involvement in trades in penny stocks. According to Investopedia the term “penny stock” refers to a small company’s stock that trades for under $5 for each share. The penny stock market could be viewed as an opportunity for small businesses to transition into a larger market because it gives them access to money from the public. However, don’t get it wrong – it’s also an extremely risky activity, as Sykes will be able to tell you thanks to his years of expertise.
Beginning in his late years in high school, Tim Sykes has, since then, earned an estimated $6 million profits throughout his illustrious career as trader. At 25 years old, he had been given greater exposure and an even wider reach of influence as a participant in the reality series “Wall Street Warriors.” He took advantage of it to establish trading rooms as well as penny stock themes and educational material aimed at those who are new to trading. He also played a role in establishing Profit.ly as a place of openness, and for the community to uplift and compete with each other on the platform.
The Profit.ly Gurus
One of Profit.ly’s amazing features is the wide range of education tools, trade alerts as well as other useful information provided by the in-house experts of the platform. The gurus in question refer to the experts in trading who have earned significant amounts of profit through their years of expertise. What Trading Platform Does Timothy Sykes Use
At its peak, Profit.ly had housed up to five gurus. Each of them an expert in their niche in the trading industry. Some of the most famous experts included Connor Bruggermann, Nathan Michaud of Investors Underground, and Triforce among others. As of this writing, only two gurus remain on this platform: the founder of the penny stock market Tim Sykes and veteran smallcap swing trader Paul Scolardi, also known as Superman. With that taken into consideration, let’s take a look at what packaged deals each guru has to offer.
From Tim Sykes Tim Sykes
Sykes offers an essential stock trading service that focuses on penny-priced day trading with Tim’s Alerts. At $74.95 per month, you’ll be able to see him concentrate on the fundamental catalysts for stocks and utilize them to predict the next possible moves in trading.
A standalone purchase from Tim’s Alerts will get you access to the chatroom as well as the mobile app that’s available for iOS and Android devices, texts, emails and push alerts and a daily stock watchlist.
From Tim Sykes: The Pennystocking Silver Package
Pennystocking Silver is the most premium version, with an upgraded version of Tim’s Alerts package. It costs $149.95 monthly, this is the perfect plan for investors who are committed to the penny-stock market. Pennystocking Silver comes with all the standard features found in earlier plans such as alerts for swing trading and access to an extensive collection of more than 7,000 educational videos that are updated weekly.
> > Click Here to Check Out Profit.ly < <
From “Superman” Paul Scolardi: Superman Alerts
Scolardi who is known under the name “Superman,” is a trader who has an eye for small-cap monumental stocks and crazy-accurate marketing forecasts. Through the years since he began as a trader, Superman has amassed over $5.5 million in all-time trading profits. What Trading Platform Does Timothy Sykes Use
The Superman Alerts plan is his package of vital features and trading alerts targeted to those interested. For $147/month, you’ll get access to the daily premarket stock watchlist as well as the mobile app, the daily market updates in real time, and SMS and e-mail alerts.
The film “Superman” Paul Scolardi: Superman Pro
For $247 per month, you can enjoy additional features, as well as access to a knowledgeable base of information provided by Superman himself, via the Superman Pro package. Alongside the standard features that are included in the Alerts plan, Superman Pro gives you weekly video lessonsthat include an ever-growing library of the previous ones. Additionally, you’ll also get the ability to access premium reports on research as well as the IPO or earnings monitor.
Profit.ly Plans and Costs
If you’re eager to join the world of online trading and leave a mark in the field, Profit.ly has the right amount of tools to get you started. The platform offers three membership levels that are designed to accommodate traders of different levels. Let’s take a look at what these three are and how much they’ll cost you.
This package for novices is Profit.ly’s basic plan that is designed specifically for those who are just beginning their journey to the world of trading. Once you have signed up for this package, you will be immediately provided with a variety of powerful and essential trading tools, each one of them essential in keeping your fingers on what we can describe as a cutthroat procedure in its own.
Some of the features you can accomplish with Profit.ly’s Novice package is the ability to confirm the results of your trades and track profit; leading, following and even chatting with your fellow traders, as well as providing feedback on trades today. It also allows you to be on leaderboards, analyze, sort, and filter your trades and, finally, see other’s stats.
The Novice plan is $29.95 per month. Although it might look appealing simply because of the price but there’s a disadvantage. You aren’t able to create a personal profile, thus making your actions public. If you’re interested in have the benefit of this service, stay tuned as we introduce to you Profit.ly’s next strategy.
The Trader package lets you to take advantage of a majority of features from The Novice package. In this plan, that you can create an individual profile that allows you for sharing with fellow associate users all the insights and intel in trader’s community.
The price is $49.95/month, Profit.ly’s Trader plan is exactly what it says catering people who want to improve their skills in trading. Although it’s a nice thing, there is one significant aspect that’s not included. In contrast to the Novice package, you will not be able view other traders’ stats that could be a disadvantage for those who are eager to try this new tier. What Trading Platform Does Timothy Sykes Use
This is by far the highest expensive plan Profit.ly offers to experienced traders. It costs $74.95 each month with an additional 22% discount when billed annually the Pro plan has it all. You will have full, unrestricted access to all options of the previous plans.
You’re not only able to see other users’ stats as well, you’re also offered the opportunity to create your own private profile. These two features are in addition to the advantages that you can utilize to the maximum extent. If you’re looking for an account that will give you with everything you require as a skilled trader, maybe the Pro level is ideal for you!
Profit.ly’s Other Services
Apart from the trainer tools and leadersboards Profit.ly offers a number of additional services that it can provide. One of them is the online store, which allows users to select from a variety of video products that are designed to educate and guide you through the nuances and pitfalls of trading. All of the products featured on this page of the website can be purchased immediately for personal use. Among these products include best-sellers like”Trading Tickers,” the “Trading Tickers” series from trading professional Tim Grittani, Timothy Sykes’s collection of DVDs and streaming-only content related to short stocking, penny stocking, as well as all things trading-related, clips and clips 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 also part of Profit.ly’s array of services and features. You’re probably familiar with the chat room since you can see it across messaging and social platforms, as well as some specialty websites that offer live chat support. But on Profit.ly the chat room is viewed as a hands-on place where gurus and their member traders can communicate and learn in real time. Every guru has their own style when it comes to running their chat room and dealing with the members there. One of them may be more laid back and rarely active, while another might be more active and in touch in their interactions with students. Consider chatrooms as Profit.ly’s version of the forum in essence.
Who is the ideal Trader for Profit.ly?
Profit.ly’s variety of offerings and features cater to a large variety of stock traders, from beginners to experienced pros. Given the wide range of options it can provide this platform definitely has something for every person.
For instance, newbies will appreciate Profit.ly’s collection of educational information available on the platform. In addition, they will be enriched with weekly videos and chat room tips from the in-house experts and members. They’ll also be able to pick from the merchandise available from its online store to carry with them wherever they travel. You can also get hands-on experience trading on the platform, but eventually, they will soon learn that trading is a risky game that should not be viewed as a joke.
For the traders with many years of experience down the road, we consider Profit.ly as equally as suitable to them as the newcomers. While novice traders may not be as well-equipped with handling trading matters, the pros already understand the way it functions and the plethora of risks that come with it. In the ideal scenario, they can utilize Profit.ly’s array of options to their maximum advantage to enhance their trading abilities. As beginners, they are able to learn from the experts and experts and utilize those short tips and tricks to help them along.
Profit.ly’s ‘all-together’ nature does not only apply to beginners as well as semi-seasoned traders. Verified experts can also join in the enjoyment! Trade professionals who are at the same level as Superman as well as Tim Sykes can also use the power of Profit.ly’s abilities to show off their skill to others as a way to navigate them through the ever-changing trading process. What Trading Platform Does Timothy Sykes Use
Profit.ly’s Pros and Pros and
- Profit.ly’s diverse capabilities as a “one-stop’ platform for trading stocks allows it to provide traders everywhere with tons of learning tools, communication, and trading tools
- You get to be provided with excellent lessons and advice from the company’s internal experts, which include collections of educational videos as well as real-time trading activities
- You can be sure of complete transparency through Profit.ly with precise analytics as well as fellow traders that are waiting to reach you when something goes wrong.
- The platform’s leaderboard feature gives you a way to build your reputation as a reliable and verifiable trader
- In addition to its primary capabilities, Profit.ly also gives its users extra options to suit their individual preferences, for instance, posting unauthentic trades via screenshots
- Profit.ly’s wide array of subscription plans and guru packages are priced at reasonable prices There’s something for everyone
- Profit.ly’s abundance of products and packages offered might seem overwhelming for the majority of its users
- If traders decide to open any kind of trade, there is the possibility that some of them will profit by selecting the best trades in order to boost their rating This could be a risk that shouldn’t be ignored.
- Profit.ly does not accept refunds because its premium users are expected to instantly benefit from the many services that the platform can offer
> > Click Here to Check Out Profit.ly < <
The Final Concluding Question: Is Profit.ly Worth It?
If we could think of an appropriate answer for this query, it’s yes. But you need to understand that the platform should not be used as a scheme to get rich quick. The platform wasn’t originally intended to be created to achieve this goal. Instead, you need to have the ability to think with an open heart. What Trading Platform Does Timothy Sykes Use
What we mean by ‘yes’ is that it can be a great learning tool. Those who may be stuck may discover Profit.ly’s variety of resources useful as they do their best to reduce loss and perform better than they did before. It’s not just the struggling traders that will benefit from the platform. It is able to accommodate novices and even experts!
If you really care about being a better trader and want to learn from your fellows and gurus throughout the process, then take a look at Profit.ly. Profit.ly is a fantastic choice to start.
FAQ What Trading Platform Does Timothy Sykes Use
What are the best ways to use Profit.ly to make your trades public?
Profit.ly has the option of allowing trade entries within the My Trade section of the dashboard. It allows you to post your trades that are verified or not. There are three options:
- Connecting your account to your brokerage of choice and importing transactions directly through there
- Manually entering your trades using the spaces provided and details
- Upload a screenshot of your trades
How do I know whether the trade is authentic or not?
If you purchase your trade from a trusted brokerage, there is a high chance that it is verifiable. This is indicated with the blue check mark. If you upload it in a manual way or by taking images, it will be classified as unverified.
The drawback of posting an unverified trade is the risk of receiving downvotes from fellow peers. Too many downvotes may cause you to show up in the Madoff leaderboard, where people can detect who’s being untruthful in submitting trades.
Are the Profit.ly mobile application still available?
At the time of writing, Profit.ly is still available to download via the Apple App Store and the Google Play store. The mobile app version works with all functioning tablets and smartphones.
How many people are using Profit.ly?
Profit.ly is currently home to over 150,000 traders and investors, as they not only are seeking to make the most profit but also help each other learn and improve in acquiring opportunities on the stock market both right and left.