The stock market can be an extremely risky game. On some days, you may be reaping the benefits of pleasing and positive numbers. On other days, the opposite may happen and it can be extremely difficult to get back to the point you were at your most productive. If you’re constantly stuck in the gutter You will need to recognize that relying on pure instinct and preservation may not always be enough.
If you’ve experienced loss from time to time, you’re gonna be needing sound advice from tried-and-tested trading experts. Additionally, you’ll require an enormous boost from your fellow traders from around the world, which is why we’ve found an option that can help you in your growth in the industry. In this review, we’ll take the time to look at Profit.ly is a well-known 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 Timothy Sykes Charge To Learn System
Value: 4.1/5
Quality: 4.1/5
Costs: 4.1/5
Users Experience 4.5/5
Summary
Profit.ly can be described as an online platform for trading that enables traders of different levels to be informative responsible, transparent, and uplifting with one another through its wide array of tools and features including trade verification, chat rooms as well as an extensive library of educational material.
What exactly is Profit.ly?
Profit.ly is a trading website that functions as a learning and education platform for those new to trading as well as a place for traders who are experienced to monitor their performance through the use of advanced analytics tools. It provides users with a vast variety of tools to facilitate trade and communication that help traders from all walks of life connect with each other. It also allows gurus to make an opportunity to invest in the right areas of the platform. Imagine it as the social media equivalent the likes of Facebook and Reddit but with a focus on experts and traders.
Profit.ly independently checks the performance of trades and then publishes the information of them in the manner of leaderboards. The trading platform is built on trust and transparency. it guarantees that the trades are authentic and won’t tolerate inauthenticity as much as possible. It was created many years ago by penny stock trade expert and investment guru Timothy Sykes, along with fellow expert Michael Mosseri.
In an interview for Forbes magazine Sykes said that Profit.ly was motivated by its focus “on the transparency of every trade, something that was never prior to.” The idea was, he said, serving two purposes: 1) creating public track records for everyone, not just the experts, but also the students and newsletter writers and secondly) making it possible for all users to be enlightened by both losses and wins for the trading industry’s benefit. How Much Does Timothy Sykes Charge To Learn System
How Does It Perform?
Profit.ly is a subscription-based platform which allows stock traders to gain access to a multitude of features and services aimed toward success. It is possible to create an account there for free, but you’re only given the ability to navigate through the leaderboards and monitor the activities of people who aren’t gurus. If you’re ready to invest your money to see what stocks the experts are trading in real time, you will need to sign up to one of Profit.ly’s offers that we’ll go over shortly.
Making an account simple: Create a profile with your experiences and expertise, connect your brokerage account, and you have yourself an opportunity to make through at the very top of the list. Profit.ly’s leaders’ board feature as previously mentioned was designed to offer its users a glimpse of how the community of traders performs and its gurus. It’s not just a way to show your worth to a large group of traders, but you can also use Profit.ly to shop with a guru, and have the assurance that you’re comfortable in their skills and the veracity of their assertions.
If you’re not comfortable with the idea of divulging information about your account with a brokerage, then you could choose to publish your trades, either verified or otherwise, through screenshots. Also included in Profit.ly is the huge selection of trading courses, the ability to view the stats of a trader’s account as well as other ways to communicate with your gurus in the chatroom, as well as 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 has been famously known for delving his hands into trades in penny stocks. According to Investopedia the term “penny stock” is a small business’s stock which trades at less than $5 per share. Penny stock trading is a stepping stone for small-scale businesses to make the transition to a market that is larger as it gives them access to money from the general public. But don’t make the mistake of thinking that it’s also an extremely risky game, as Sykes can surely tell because of his decades of experience.
Beginning in his late years in the high schools, Tim Sykes has, since then, made an estimated $6 million earnings through his lengthy career as trader. When he was 25 years old Sykes was given greater exposure and an even wider reach of influence when he became part of the reality series “Wall Street Warriors.” He took advantage of it to establish trading rooms, penny stock themes, as well as educational content targeted at those who are new to trading. He also helped to establish Profit.ly as a place of transparency, 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 amazing features is the wide range of educational sources, trade alerts and other useful stuff offered by the company’s internal gurus. Gurus are referred to experts in the field of trading who have made substantial profits through their years of experience. How Much Does Timothy Sykes Charge To Learn System
At its height, Profit.ly had housed up to five gurus, each of them a professional in their niche in the field of trading. Some of the most famous experts were Connor Bruggermann, Nathan Michaud of Investors Underground, and Triforce, among a few others. As of this writing, however, only two gurus remain on the 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 we’ll take a look at the packages each guru offers.
From Tim Sykes: Tim’s Alerts
Sykes provides an essential stock trading service that focuses on penny-priced day trading with Tim’s Alerts. Costing $74.95 monthly, you’ll observe him focus on basic stock catalysts and employ them to forecast the next moves that could occur when trading.
A single purchase in Tim’s Alerts will get you access to the chatroom as well as the mobile app that’s available for iOS and Android devices, as well as texts, emails and push alerts and a daily stock watchlist.
From Tim Sykes: The Pennystocking Silver Package
Pennystocking Silver is the most premium version that has been upgraded of the Tim’s Alerts package. It costs $149.95 monthly, this is an ideal plan for those who are involved in investing in penny stocks. Pennystocking Silver includes all the basic features that were included in the previous plan, including alerts for swing trading and access to a collection of more than 7,000 educational videos and new videos released every week.
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The following video is from “Superman” Paul Scolardi: Superman Alerts
Scolardi who is known under the alias “Superman,” is a professional in swing trading with an eye for small-cap monumental stocks and crazy-accurate marketing forecasts. In the time since when he first started trading, Superman has amassed over $5.5 million in total trading profits. How Much Does Timothy Sykes Charge To Learn System
The Superman Alerts plan is his offer of the most essential features and trading alerts targeted toward those who may be interested. For $147 per month, you’ll gain access to the daily stock watchlist that is premarket along with the mobile app, the daily market commentary in real-time, as well as E-mail 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 his Superman Pro package. On top of the essentials that are included in the Alerts package, Superman Pro gives you weekly video lessons, including an ever-growing library of other previous ones. Additionally, you’ll also get access to premium research reports as well as an IPO or earnings monitor.
Profit.ly Programs and Costs
If you’re ready to join the trading community on the internet and leave a mark in the market, Profit.ly has the right amount of resources to help you going. The platform offers three membership tiers, each designed for traders at different levels. Let’s look at what the three levels are and what they will cost you.
Novice Plan
The package called Novice is Profit.ly’s beginning-of-the-line plan specifically for those who are new to the world of trading. When you sign up for this plan, you will be immediately given a slew of robust and vital trading tools, each of them integral in keeping your fingers on what we can describe as a cutthroat process in and of itself.
The list of features you can do using Profit.ly’s Novice package include the ability to verify trades and track profits and follow-up, leading and even texting other traders; and providing feedback on trades today. It also allows you to be onto leaderboards; study the results of your analysis, sort, as well as filter trades; and, finally, see other’s stats.
The Novice plan is $29.95 per monthly payment. Although it looks attractive for the price alone however, there’s a drawback. You aren’t able to create a personal profile, which makes your activities publicly available. If you’re looking to gain the benefit of this service, you should keep an eye on us as we present to you Profit.ly’s new plan.
Trader Plan
The Trader plan allows users to benefit from the majority of features available in the novice plan. In this plan, that you are able to create an individual profile that allows you for sharing with fellow associates all your insights and knowledge you gain from trader’s community.
Priced at $49.95/month, Profit.ly’s Trader plan will do what the name implies caters to those who desire to improve their expertise in trading. As nice as it seems however, there’s a crucial element that’s missing. As opposed to the prior Novice package, you won’t be able to see the statistics of other traders this could be a disadvantage for those looking forward to this tier. How Much Does Timothy Sykes Charge To Learn System
Pro Plan
This is by far the highest premium package that Profit.ly offers to experienced traders. It costs $74.95 per month, which includes an additional 22% discount for annual billing the Pro plan has it all. You get full, no-holds-barred access to all options of the previous plans.
You’re not only able to look at other people’s statistics as well, you’re also offered the opportunity to create an individual profile. These two features are 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 you with everything you require as trader with experience, the Pro tier could be the right choice for you!
Profit.ly’s Other Services
In addition to the training tools and the leadersboards Profit.ly has a few other services they provide. One of these is its online store, which allows users to select from a variety of video products designed to inform and provide guidance on the nuances and pitfalls of trading. All of the products featured in this section of the site can be purchased immediately for personal use. These include best-selling products like”Trading Tickers, “Trading Tickers” series by trader specialist Tim Grittani, Timothy Sykes’s collection of DVDs, streaming-only content about short stocking, penny stocking, and all other things trading-related, clips and clips taken from The Annual Pennystocking Conference, and other products by expert traders.
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The chat rooms that are integrated are included in Profit.ly’s variety of services and features. You are probably familiar with the concept of chat rooms since you will see it on messaging and social platforms, as well as some specialty websites that offer live chat support. However, in Profit.ly the chat room is viewed as a place where gurus and their member traders can communicate and exchange knowledge in real-time. Every guru has their own way in operating their chat room and in dealing with the members there. Some may be laid back and not very often active, while another may be more online and communicative in their interactions with students. Think of the chat rooms as Profit.ly’s version of the forum, in essence.
Who is the ideal trader to Profit.ly?
Profit.ly’s diverse range of products and features caters to the wide range of stock traders, from novices to experienced professionals. Given the wide range of options it can provide this platform definitely has something for everyone.
Newbies, for instance, will enjoy Profit.ly’s library of learning content offered throughout the platform. Not only will they be provided with videos every week and chat room advice from the in-house experts as well as their members. They’ll also be able to choose from the items on its store online to carry with them wherever they travel. You can also get hands-on experiences by trading through the platform, however they’ll realize that trading is a high stakes game that shouldn’t be treated as an opportunity to make fun of.
For traders who have decades of experience in the line, we believe Profit.ly equally suited to them as those who are just starting. Although the novices might not be as well-equipped with dealing with trading issues however, experienced traders know the way it functions and the risky mix that it carries. Ideally, they may use Profit.ly’s variety of features to their best advantage to develop their skills in trading. Like novices, they can study from the gurus and experts and utilize those simple tips and hints along the way.
Profit.ly’s “all-in” approach isn’t limited to novices as well as semi-seasoned traders. Verified experts can also join in the enjoyment! People in the trade industry who are at the same level as Superman and Tim Sykes can also use the power of Profit.ly’s capabilities to showcase their skill to others as a way to help navigate them through the ever-changing trading process. How Much Does Timothy Sykes Charge To Learn System
Profit.ly’s Pros and Cons
The Pros
- Profit.ly’s numerous capabilities as a “one-stop” stock trading platform enable traders from all over the world with tons of learning communications, trading, and communication tools
- You’ll be provided with excellent lessons and advice from the company’s in-house gurus, including video libraries that teach you how to learn and live trading activity.
- You’re guaranteed transparency throughout Profit.ly with precise analytics as well as other traders that are waiting to reach you when something goes wrong.
- The platform’s leaderboard feature gives you the opportunity to increase your credibility as a trustworthy and authentic trader
- Apart from its core capabilities, Profit.ly also gives its users extra options to suit their needs, like posting unauthentic trades via images
- Profit.ly’s variety of subscription levels and guru packages are priced at a reasonable cost There is truly something for every person
The Cons
- Profit.ly’s numerous products and packages offered might be too much for a lot of its users
- As traders may opt to post any kind of trade, there’s the possibility that some of them will profit by cherry-picking the best trades to improve their ratings This could be a concern that should not be ignored.
- Profit.ly will not allow refunds, as its premium users are expected to immediately benefit from the number of services the platform has to offer
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The Final Verdict: Is Profit.ly Worth It?
If we were able to come up with an appropriate answer for this query, it’s an affirmative “yes”. But it is important to realize that this platform shouldn’t be viewed as a get-rich-quick scheme. The platform was not always intended to be created for this reason. Instead, it is best to keep curiosity. How Much Does Timothy Sykes Charge To Learn System
What we mean”yes” is that it is a fantastic learning tool. People who are stuck might find Profit.ly’s range of resources helpful as they do their best to avoid loss and perform better than they did before. Not only struggling traders who will benefit from the platform. It can accommodate beginners and even experts!
If you truly care about being more successful in trading and would like to learn from your mentors and peers along the way, then take a look at Profit.ly. Profit.ly could be a good alternative to start.
FAQ How Much Does Timothy Sykes Charge To Learn System
What are the best ways to use Profit.ly to post your trades?
Profit.ly offers the option of allowing trade entries under the “My Trade category on the dashboard. It lets you record your trades, either verified or not. There are three options:
- Connecting your account to your brokerage of choice and then importing the trades from that directly
- Manually entering your trades using specified spaces and information.
- Take a photo of your trades
What can I do to determine if the trade is verifiable or not?
If you import your trade through a reliable brokerage, there is an excellent chance that it is verifiable. This is evident by the blue check mark. If you post it in a manual way or by taking screenshots, it will automatically be classified as unverified.
The drawback of posting an unauthenticated trade is the chance of receiving downvotes from friends and colleagues. A large number of downvotes could cause you to be listed at the top of the Madoff leaderboard, where people can see who’s dishonest in posting trades.
Does the Profit.ly mobile application still available?
As of the moment, Profit.ly is still available for download on the Apple App Store as well as the Google Play store. The mobile version of the app is compatible with most functioning tablets and smartphones.
How many people 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 learn and improve in acquiring stock market opportunities all over the world.
