Stock trading is an exciting game with high stakes. Some days, you could enjoy the benefits of positive and satisfying numbers. On other days, the opposite may happen and it could be extremely difficult to return to where you were at your best. If you’re always in the mud You will need to recognize that relying on your instincts and preserving may not always be enough.
If you’ve experienced occasional losses You’ll need solid advice from seasoned and tested trading experts. You’re also gonna need an enormous boost from your fellow traders from around the globe, which is why we’ve identified an online platform that will help you in your growth within the field. This review will be taking a 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. Do check out our article below, however, because it has a comprehensive overview of Profit.ly.
Total Rating: 4.1/5 How Much Does It Cost For Timothy Sykes Training
Users Experience 4.5/5
Profit.ly is an online trading platform that allows traders of all levels to be knowledgeable and accountable, as well as transparent and to build relationships with one another through its wide array of tools and features like trade verification, chat rooms, and an enriched library of educational material.
How do I define Profit.ly?
Profit.ly is a site for trading which serves as a learning and training platform for people who are starting out and as a hub for traders who are experienced to monitor their performance with the help of cutting-edge analytics tools. It provides users with a vast range of resources to facilitate trade and communication that help traders from all walks of life connect with each other. It offers gurus with worthwhile investments within the confines that the site. Think of it as an online social media platform similar like Facebook and Reddit, but for professionals and traders.
Profit.ly independently checks the performance of trades and posts all the data from them in the style of leaderboards. The platform’s trading model is based on transparency and honesty: it guarantees that the transactions are legitimate and will not tolerate inauthenticity as much as it is possible. It was created years ago by the penny stock trade expert and investment expert Timothy Sykes, along with the other expert Michael Mosseri.
In an interview for Forbes magazine Sykes declared that Profit.ly was based “on the transparency of the entire spectrum of trades, something which has never been prior to.” The idea, he added, served two purposes: 1) keeping track of public data for everyone, not just the experts and newsletter authors and students, and 2) giving everyone on the platform to be enlightened by both losses and wins to benefit the industry of trading. How Much Does It Cost For Timothy Sykes Training
How Does It Perform?
Profit.ly utilizes a subscription model that lets stock traders gain access to a multitude of features and services aimed toward achievement. You may set up an account there for free, but you’re limited to the ability to navigate through the leaderboards and monitor 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 join one of Profit.ly’s offers, which we will discuss in the near future.
Setting up an account is easy: 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 leaderboard feature, as previously mentioned, is designed to give its users a glimpse of how the community of traders performs as well as its gurus. It’s not only a chance to demonstrate value to a group of traders, as you can also utilize Profit.ly to purchase from a guru with the confidence that you are confident in their skills and the veracity of their claims.
If you are unsure about the idea of divulging the details of your broker account you can opt to post your trades, either verified or otherwise, through screenshots. Included in Profit.ly are a variety of trading classes as well as the ability to look at stats in a trader’s profile, and more ways to interact with your experts in the chatroom, as well as text and e-mail alerts and updates.
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Meet Tim Sykes, the founder: Tim Sykes
Timothy Sykes is a well-renowned day trading personality who is well-known for delving his hands into the penny-stock market. According to Investopedia Penny stock refers to a small-sized company’s stock which trades at just less than 5 cents per share. Penny stock trading is an avenue for small businesses to transition to a large marketplace as it allows them to access funds from the general public. However, don’t get it wrong – it’s also an extremely risky activity, as Sykes is sure to reveal thanks to his years of experience.
From his beginnings in the latter years of High School, Tim Sykes has, since then, made an estimated $6 million profits through his lengthy career as a trader. When he was 25 years old, he had been given greater exposure and an even wider reach of influence when he was a part of the reality TV show “Wall Street Warriors.” Then, he took advantage of it to develop trading rooms as well as penny stock themes as well as educational content targeted at those who are new to the trading field. He also helped establish Profit.ly as a place for openness, and for the community to lift each other up and compete with 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 company’s internal gurus. The gurus in question refer to experts in the field of trading who have proven to make significant amounts of profit through their years of expertise. How Much Does It Cost For Timothy Sykes Training
At its height, Profit.ly had housed up to five gurus. Each of them a pro in their field of expertise 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 of the penny stock market Tim Sykes and veteran smallcap swing trader Paul Scolardi, also known as Superman. In light of that, let’s take a look at the packaged offers each guru has to offer.
From Tim Sykes Tim Sykes
Sykes offers a basic stock trading service with the main priority being penny-stock day trading via Tim’s Alerts. At $74.95 per month, you’ll be able to be able to see him concentrate on the fundamental stock catalysts and use them to predict the next moves that could occur when making trades.
A standalone purchase of Tim’s Alerts will get you access to the chatroom, as well as the mobile app available to iOS and Android devices, as well as email, text and push alerts; and a daily stock watchlist.
Tim Sykes: From Tim Sykes: The Pennystocking Silver Package
Pennystocking Silver is the highest-quality version that has been upgraded of the Tim’s Alerts program. Priced at $149.95 per month, this is a great option for investors who are invested in the penny-stock market. Pennystocking Silver offers all the essential features found in the previous plan, such as swing trading alerts as well as unlimited access to a rich library of more than 7,000 instructional videos that are updated each week.
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The following video is from “Superman” Paul Scolardi: Superman Alerts
Scolardi who is known under the name “Superman,” is a professional in swing trading with an eye for tiny-cap massive stocks as well as wildly accurate marketing forecasts. Through the years since he began as a trader, Superman has amassed over $5.5 million in all-time trading earnings. How Much Does It Cost For Timothy Sykes Training
The Superman Alerts package is his offer of the most essential features and trading alerts targeted toward those who may be interested. For just $147 per month, you’ll have an access to the day-to-day stock watchlist that is premarket and the mobile app, daily market commentary in real time, and email and SMS alerts.
From “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 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 the previous ones. On top of that you’ll also have an access to high-quality research papers and an IPO and earnings tracker.
Profit.ly Plans and Costs
If you’re ready to join the world of online trading and leave your mark on the market, Profit.ly has the right amount of tools to get you going. Profit.ly offers three membership tiers, each designed for traders at different levels. Let’s break down what these three levels are and what they will cost you.
This package for novices is Profit.ly’s beginning-of-the-line plan specifically for those who are new to the trading community. Once you have signed up for this package you’ll be provided with a variety of powerful and essential trading tools, all of them integral in keeping your fingers on what we call a competitive process in and of itself.
The list of features you can accomplish using Profit.ly’s Novice package include the ability to confirm trades and track profits as well as leading, following and even texting your fellow traders; and providing feedback on trades today. It also allows you to be on leaderboards, analyze, sort, or filter the trades you make and, lastly, view other’s stats.
The Novice plan is $29.95 per month. While it may look attractive for the price alone however, there’s a drawback. It isn’t possible to create a private account, making your actions public. If you’re interested in get access to this feature, you should stay tuned as we 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 package. In this plan, that you are able to create a private profile for sharing with fellow associates all your insights and intel in this trading group.
Costing $49.95/month, Profit.ly’s Trader plan will do what the name implies catering people who want to harness their skills in trading. While it’s nice, there is one significant feature that is missing. As opposed to the prior Novice package, you will not be able to view the statistics of other traders, which could be a problem for those who are eager to try this new tier. How Much Does It Cost For Timothy Sykes Training
The Pro plan is the highest expensive plan Profit.ly can offer to experienced traders. It costs $74.95 monthly, and a 22% discount for billing annually, this tier has everything. You get full, no-holds-barred access to all features of the prior plans.
Not only do you get to see other users’ stats as well, you’re also offered the chance to create an individual profile. Both of these features, plus the other advantages you’ll be able to use to the fullest potential. If you’re looking for a plan that can serve you everything you need as trader with experience, the Pro plan is ideal for you!
Profit.ly’s Other Services
In addition to the trainer tools and leadersboards Profit.ly has a few additional services that it can provide. One of these is its online store, which lets users choose from a wide array of video products created to provide guidance on the ins and outs of trading. Each of the offerings listed on this page of the website can be bought immediately for your personal use. These include best-selling products such as the “Trading Tickers” series from trading specialist 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 scenes from The Annual Pennystocking Conference, and items from other experts in trading.
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Chat rooms integrated into Profit.ly are also part of Profit.ly’s array of services and features. You are probably familiar with the chat room since you can find it throughout messaging and social platforms, and also on a few specialty websites that offer live chat assistance. But in Profit.ly, it is seen as a real-time area where experts and members trade and share knowledge in real-time. Each guru has their style in operating their chat room and in dealing with the members there. One might be laid back and less engaged, while another could be more active and in touch in their interactions with students. Think of chat rooms like Profit.ly’s version of a forum, in the essence.
Who is the Ideal trader to Profit.ly?
Profit.ly’s wide range of products and features are geared towards the wide range of stock traders, ranging from novices to the most experienced. Given the wide range of options it can provide, the platform surely has something for all.
Beginners, for instance, can take advantage of Profit.ly’s library of learning content offered throughout the platform. Not only will they be enriched with weekly videos and chat room advice from the in-house experts as well as their members. Additionally, they can choose from the items in its online store that they can take with them wherever they may be. They can also gain hands-on experiences from trading within the platform, however, they will soon learn that trading is a risky game that shouldn’t be treated as an opportunity to make fun of.
For those traders who have had many years of experience down the line, we see Profit.ly equally suited to them as those who are just starting. Although the novices might not be as well-equipped with handling trading matters, the pros already understand how it works and the plethora of risks associated with it. Ideally, they may utilize Profit.ly’s variety of features to their best advantage to improve their skills in trading. Like novices, they can study from the gurus as well as experts, and take advantage of short tips and tricks along the way.
Profit.ly’s “all-in” approach doesn’t just apply to newbies as well as semi-seasoned traders. Experts who have been verified can also participate in the enjoyment! Those in the trading industry who are at an equal level with Superman and Tim Sykes can also use up Profit.ly’s capabilities to showcase their skills to others as a way to navigate them through the ever-changing trading process. How Much Does It Cost For Timothy Sykes Training
Profit.ly’s Pros and Cons
- Profit.ly’s numerous capabilities as a ‘one-stop’ stock trading platform enable traders across the globe with an abundance of knowledge tools, communication, and trading tools
- You get to be provided with excellent lessons and tips from the inside experts, as well as collections of educational videos as well as trading in real-time.
- You’re assured of transparency throughout Profit.ly by using accurate data and fellow traders ready to call you out if something occurs.
- The platform’s leaderboard feature gives you the chance to establish your credibility as a trustworthy and authentic trader
- Apart from its core abilities, Profit.ly also gives its customers extra options that can be tailored to their preferences, such as posting trades that are not authentic by taking screenshots
- Profit.ly’s diverse range of packages and subscription levels are priced at affordable rates There is truly something for every person
- Profit.ly’s bountiful stream of packages and products offered may seem overwhelming for the majority of its users
- If traders decide to post any kind of trade, there’s a possibility that some of them may take advantage by picking the most profitable trades to boost their rating this could be a risk that shouldn’t be simply overlooked
- Profit.ly does not accept refunds because its premium users are expected to immediately benefit from the number of features the platform is able to offer
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The Final Verdict The Final Verdict: Is Profit.ly Valued?
If we were able to come up with the answer, it’s an affirmative “yes”. But you need to understand that this platform shouldn’t be viewed as a get-rich-quick scheme. The platform wasn’t originally intended to be created to achieve this goal. Instead, you should have the ability to think with an open heart. How Much Does It Cost For Timothy Sykes Training
What we mean by ‘yes’ is that it could be a useful learning tool. People who are stuck could be able to find Profit.ly’s range of resources useful in their efforts to reduce losses and perform better than they did before. It’s not just the poor traders that can benefit from this platform. It can accommodate beginners and even experts!
If you truly want to become a better trader and want to learn from your mentors and peers on the way, take a look at Profit.ly. Profit.ly may be a great choice to start.
FAQ How Much Does It Cost For Timothy Sykes Training
How can you make use of Profit.ly to make your trades public?
Profit.ly includes an entry section for trades in the My Trade category on the dashboard which allows you to post your trades, verifiable or otherwise. There are three choices:
- Linking your account to the brokerage of choice and then importing transactions directly through there
- Manually entering your trades using provided spaces and specifics
- Send a screen shot of your transactions
How do I know whether the trade is authentic or not?
If you purchase your trade from a reputable brokerage, there’s an excellent probability that it’s verifiable. This is shown by the blue check mark. If you upload the information manually or via pictures, it will be classified as unverified.
The drawback of posting an unauthenticated trade is the possibility of receiving downvotes from fellow peers. If you receive too many negative votes, it could cause you to show up on the Madoff leaderboard, which is where the public are able to identify who is untruthful in submitting trades.
Is the Profit.ly mobile application still available?
As of this writing, Profit.ly is still available for download on the App Store for Apple and in the Google Play store. The mobile app version works with all functioning tablets and smartphones.
How many are using Profit.ly?
Profit.ly is currently home to over 150,000 investors and traders, because they are not just looking to earn maximum profits but also help each other grow and learn more about acquiring opportunities in the stock market left and right.