Stock trading is an extremely risky game. Some days, you could have the benefit of positive and satisfying numbers. On other days you may experience the opposite and it could be extremely difficult to get back to the point you were at your peak. If you find yourself constantly stuck in the gutter it is important to recognize that relying on your instincts and preserving is not always enough.
If you’ve experienced occasional losses and you’re likely to require reliable advice from tested and tried trading experts. Also, you’ll need an enormous boost from your colleagues in the market from all over the globe, which is why we’ve discovered a platform that can support you in your improvement in the market. In this review, we’ll take the time to look at Profit.ly A well-respected 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.
Total Rating: 4.1/5 How Much For Timothy Sykes Lessons
Value: 4.1/5
Quality: 4.1/5
Costs: 4.1/5
The User’s Experience 4.5/5
Summary
Profit.ly can be described as an online platform for trading that permits traders of different levels to be informative and accountable, as well as transparent and encouraging each other through its broad range of features and tools including trade verification, chat rooms, and an enriched library of educational material.
What exactly is Profit.ly?
Profit.ly is a trading website that functions as a training and learning platform for people who are just beginning their journey and also as a platform for traders who are experienced to monitor their performance through the use of cutting-edge analytics tools. It provides users with a vast range of resources for communication and trade, it helps traders from all walks of life connect with one another. It also allows gurus to make worthy investments within the boundaries of the platform. Imagine it as a social media site akin the likes of Facebook and Reddit, but for experts and traders.
Profit.ly independently validates trade performance and publishes all data from them in the style of leaderboards. The trading platform is built on trust and transparency. it ensures that the transactions are legitimate and will not accept fake news as long as it is possible. It was founded many years ago by penny stock trade expert and investment expert Timothy Sykes, along with the other expert Michael Mosseri.
One time during his interview for Forbes publication, Sykes declared that Profit.ly was based “on the transparency of all trades, something that was never previously done.” This idea, he added, served two purposes: 1) keeping track of public data for everyone, not just the experts as well as newsletter authors and students, and 2) giving all users to be enlightened by both the wins and losses to benefit the industry of trading. How Much For Timothy Sykes Lessons
How Does It How Does It
Profit.ly is a subscription-based platform that lets stock traders benefit from a variety of tools and services that are geared towards achieving success. It is possible to create an account there 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 interested in investing your money in order to find out what stocks the experts are trading in real time it is necessary to join one of Profit.ly’s deals that we’ll review in the coming days.
Making an account simple: Create an account with your experience and skills, join your brokerage account, and you have yourself the chance to climb your way up to at the very top of the list. Profit.ly’s Leaderboard function, which was we’ve mentioned earlier, is designed to give its users an insight into their performance as a trading group and its gurus. You’re not just allowed to prove your worth to a large group of traders. You can also utilize Profit.ly to shop from a guru with the assurance that you’re comfortable with their expertise and the credibility of their assertions.
If you feel uneasy with the idea of divulging your brokerage account, then you could decide to share your trades, either verified or not, via photographs. Also included in Profit.ly are the vast number of trading courses and the capability to see statistics on a person’s profile as well as other ways to communicate with your gurus in the chatroom, in addition to notifications via email or text 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 penny stock trading. According to Investopedia Penny stock refers to a small company’s shares that trade for less than $5 per share. The penny stock market can be seen as an opportunity for small-scale businesses to make the transition into a larger market because it allows them to access funds from the general public. However, don’t get it wrong – it can also be an extremely risky activity, as Sykes can surely tell because of his decades of experience.
Since his initial beginnings in the latter years of high school, Tim Sykes has, since then, earned over $6 million of profits through his lengthy career as a trader. At 25 years old, he had been given greater exposure and an even wider reach of influence when he was a part of the reality series “Wall Street Warriors.” He took advantage of it to create trading rooms as well as penny stock themes as well as educational content targeted at those who are just beginning to learn about trading. He also played a role in establishing Profit.ly as a place of transparency and for the community to uplift and compete with each other on the platform.
The Profit.ly Gurus
One of Profit.ly’s most appealing features is the variety of learning sources, trade alerts and other useful stuff offered by the company’s internal gurus. Gurus are referred to the trading experts who have made substantial amounts of money from their collective years of knowledge. How Much For Timothy Sykes Lessons
At its height, Profit.ly had housed up to five gurus. Each of them a professional in their niche in the trading industry. Some of the most prominent experts included Connor Bruggermann, Nathan Michaud of Investors Underground, and Triforce among others. At the time of writing there are only two gurus who remain on the platform: the 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 look at what packaged deals each guru has to offer.
From Tim Sykes: Tim’s Alerts
Sykes offers a basic stock trading service which focuses on penny-stock day trading via Tim’s Alerts. The cost is $74.95 monthly, you’ll observe him focus on basic stock catalysts and employ them to anticipate the next moves that could occur when trading.
A purchase on its own of Tim’s Alerts will get you access to the chatroom as well as the mobile application that is available for 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 premium, upgraded version of the Tim’s Alerts program. Priced at $149.95 for a month it is the perfect plan for those who are more involved in investing in penny stocks. Pennystocking Silver comes with all the standard features found in prior plans, including swing trading alerts as well as unlimited access to a collection of more than 7,000 educational videos, with new ones released weekly.
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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. Since when he first started trading, Superman has amassed over $5.5 million in all-time trading earnings. How Much For Timothy Sykes Lessons
The Superman Alerts plan is his offer of the most essential features and alerts on trading geared towards those who might be interested. For $147/month, you’ll get access daily stock watchlist that is premarket and the mobile app, the daily market updates 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 an extensive base of knowledge of information provided by Superman himself through his Superman Pro package. In addition to the basic features that are included in the Alerts package, Superman Pro gives you weekly video lessonsthat include an ever-growing library of the previous ones. On top of that, you’ll also get the ability to access premium reports on research as well as an IPO or earnings monitor.
Profit.ly plans and costs
If you’re ready to join the world of online trading and leave a mark in the market, Profit.ly has the right amount of tools to get you going. Profit.ly offers three membership levels that are designed to accommodate traders with different levels. Let’s break down what these three tiers are and how much they’ll cost you.
Novice Plan
The Novice package is Profit.ly’s beginning-of-the-line plan specifically for those who are just beginning their journey to the trading world. As you sign to this plan, you will be immediately given a slew of robust and indispensable trading tools, each one of them essential 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 is the ability to confirm trades and track profits; leading, following and even texting your fellow traders; and providing feedback on trades today. You’re also allowed to get on leaderboards, analyze the results of your analysis, sort, as well as filter trades; and, lastly, view other’s stats.
The Novice plan is $29.95 per month. Although it looks attractive just by the price, there is a downside. You can’t create a private account, making your activities publicly available. If you’re interested in have an account with this option, keep an eye on us as we present to you Profit.ly’s next strategy.
Trader Plan
The Trader package allows you to use the majority of features available in the novice plan. This plan allows that you can set up an individual profile that allows you to share with other associates all your insights and knowledge you gain from the trading community.
Costing $49.95/month, Profit.ly’s Trader plan is exactly what it says: Cater for those looking to develop 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, this one won’t be able view the statistics of other traders that might be a drawback for some who may be anticipating this level. How Much For Timothy Sykes Lessons
Pro Plan
The Pro plan is the highest luxurious package Profit.ly offers to experienced traders. It costs $74.95 each month with an additional 22% discount for billing annually, this tier has everything. You get full, no-holds-barred access to all the options of the previous plans combined.
Not only do you get to look at other people’s statistics, but you’re also given the opportunity to create your own private profile. These two features are in addition to the advantages that you can utilize to the fullest potential. If you’re looking for a plan that can serve you with everything you require as trader with experience, the Pro level is for you!
Profit.ly’s Other Services
In addition to the tools for training and leadersboards Profit.ly provides a variety of more services it has to provide. One of them is the online store, which lets users pick from a range of video products created to provide guidance on the nuances and pitfalls of trading. The products listed on this page of the website is available to be purchased immediately for personal use. Among these products include best-sellers such as”Trading Tickers, “Trading Tickers” series from trading professional Tim Grittani, Timothy Sykes’s collection of DVDs and streaming-only content about short stocking, penny stocking, and other things trading-related, clips and scenes of the Annual Pennystocking Conference, and products from other expert traders.
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The integrated chat rooms are included in Profit.ly’s range of features and services. You’re probably familiar with the chat room as you can see it across social and messaging platforms, in addition to a few special websites that provide live chat assistance. But on Profit.ly it’s seen as a hands-on area where experts and member traders can communicate and exchange knowledge in real-time. Every guru has their own style when it comes to running their chat room and dealing with the listed members. One might be a laid-back person who is not very often active, while another may be more interactive and online with their students. Think of 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 an array of stock traders, from novices to experienced professionals. Considering the number of offers it can provide, the platform surely has something for all.
Newbies, for instance, will appreciate Profit.ly’s collection of educational materials available across the platform. Not only will they be enriched with weekly videos and chat room advice by its internal gurus and their members. Additionally, they can choose from the items in its online store that they can take with them wherever they be. They can also gain hands-on experiences by trading through the platform, but ultimately they’ll realize that the process is a high stakes game that should not be viewed as an opportunity to make fun of.
For the traders with years of exposure down the line, we see Profit.ly equally suitable to them as the newcomers. While the newbies may not be as adept at dealing with trading issues but the experts already know the way it functions and the stack full of risks that it carries. In the ideal scenario, they can utilize Profit.ly’s variety of options to their maximum advantage to improve their trading skills. Like beginners, they can study from the gurus and experts , and use those simple tips and hints to help them along.
Profit.ly’s “all-inclusive” nature does not only apply to beginners and semi-experienced traders. Experts who have been verified can also participate in the excitement! Those in the trading industry who are at similar levels to Superman or Tim Sykes can also use the power of Profit.ly’s capabilities to showcase their expertise to other traders as a way to help guide them through the ever-illustrious trading process. How Much For Timothy Sykes Lessons
Profit.ly’s Pros and Pros and
The Pros
- Profit.ly’s diverse capabilities as a ‘one-stop’ stock trading platform enable it to provide traders everywhere with an abundance of knowledge communications, trading, and communication tools
- You get to be taught by experts and tips from the in-house gurus, including video libraries that teach you how to learn and trading in real-time.
- You can be sure of complete transparency through Profit.ly with accurate analytics and fellow traders ready to call you when something goes wrong.
- The platform’s leaderboard feature gives you the chance to establish your reputation as a reliable and authentic trader
- In addition to its primary abilities, Profit.ly also gives its customers extra options that can be tailored to their needs, like posting trades that are not authentic by taking screenshots
- Profit.ly’s diverse range of subscription levels and guru packages are priced at a reasonable cost There is truly something for everyone
The Cons
- Profit.ly’s numerous packages and services offered could not be enough for a lot of its customers
- Since traders can choose to open any kind of trade, there is an opportunity that some them may take advantage by cherry-picking the best trades to increase the rating This could be a problem that shouldn’t be simply overlooked
- Profit.ly will not allow refunds, as its premium users are expected to instantly benefit from the many services the platform has to offer
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The Final Concluding Question The Final Verdict: Is Profit.ly Valued?
If we could come up with an appropriate answer for this query, it would be yes. But it is important to realize that it shouldn’t be treated as a scheme to get rich quick. It wasn’t intended to be created in this way. Instead, you need to have curiosity. How Much For Timothy Sykes Lessons
What we mean”yes” is it is a fantastic learning tool. Those who may be stuck could discover Profit.ly’s array of resources helpful in their efforts to incur lesser losses and perform better than before. It’s not just the struggling traders who will benefit from the platform. It is able to accommodate novices and even experts in the field!
If you truly want to become better at trading and wish to learn from your mentors and peers on the way, take a look at Profit.ly. Profit.ly could be a good choice to start.
FAQ How Much For Timothy Sykes Lessons
How can you make use of Profit.ly to publish your trades?
Profit.ly has a trade entry portion in the ‘My Trade section of the dashboard. It allows you to post your trades, either verified or not. There are three choices:
- Connecting your account to your broker of choice and import transactions directly through there
- Manually entering your trades using provided spaces and specifics
- Send a screen shot of your trades
How can I tell whether the trade can be verified or not?
If you purchase your trade through a reliable brokerage, there’s a high probability that it’s verifiable. This is shown by the blue check mark. If you submit the information manually or via pictures, it will be classified as unverified.
The drawback of posting an unverified trade is the chance of receiving negative feedback from colleagues. Too many downvotes may result in you appearing on the Madoff leaderboard, which is where the public are able to identify who is fraudulent in posting trades.
Does the Profit.ly mobile application still available?
As of the moment, Profit.ly is still available to download via the Apple App Store as well as the Google Play store. The mobile version of the app works with all operating tablets and smartphones.
How many are using Profit.ly?
Profit.ly currently houses more than 150,000 traders and investors, as they not only are looking to earn maximum profits but also help each other grow and learn more about acquiring opportunities on the stock market all over the world.
