Stock trading can be an exciting game with high stakes. On certain days, you may enjoy the benefits of pleasing and positive numbers. On other days, however it could be the reverse, and it may sometimes be extremely difficult to return to where you were your peak. If you’re immersed in the water it is important to realize that relying on pure instinct and preservation may not always be enough.
If you’ve experienced loss from time to time and you’re likely to require solid advice from seasoned and tested trading experts. You’re also gonna need an enormous boost from your colleagues in the market from all over the globe. That’s why we’ve discovered an online platform that will help you in your improvement in the industry. We’ll be taking the time to look at Profit.ly, a well-recognized 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.
Overall Rating: 4.1/5 How Much Is It To Join Timothy Sykes Millionaire Challenge
Value: 4.1/5
Quality: 4.1/5
Costs: 4.1/5
Users Experience 4.5/5
Summary
Profit.ly is an online trading platform that permits traders of different levels to be informative 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.
What is Profit.ly?
Profit.ly is a trading site that functions as a learning and education platform for traders new to trading and also as a platform for traders with experience to keep track of their performance using the aid of sophisticated analytics tools. It provides users with a vast array of options to facilitate trade and communication and letting traders from every field of business connect with one another. It offers gurus with worthwhile investments within the confines of the platform. Think of it as a social media site akin like Facebook and Reddit, but for traders and experts.
Profit.ly independently validates trade performance and posts all the data of them in the manner of leaderboards. The platform’s trading model is based on trust and transparency. it makes sure that trades are valid and won’t allow for fraud as much as is humanly possible. It was created many years ago by penny stock trade expert and investment guru Timothy Sykes, along with his colleague Michael Mosseri.
One time during his appearance in Forbes publication, Sykes declared that Profit.ly was motivated by its focus “on showing every trade, something that has never been prior to.” The concept Sykes said served two purposes: 1) creating public track records for not just the gurus and newsletter writers and students as well as) giving all users to learn from both losses and wins for the trading industry’s benefit. How Much Is It To Join Timothy Sykes Millionaire Challenge
How Does It Perform?
Profit.ly is a subscription-based platform that lets stock traders have access to a range of services and features geared toward the success of their business. You can create an account for free, but you’re only given access to the leaderboard and follow 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’ll need to subscribe to any of Profit.ly’s deals, which we will discuss in the near future.
The process of opening an account is easy: create a profile with your experiences and knowledge, then connect your brokerage account, and you have yourself the chance to climb your way up to the top of the leaderboard. Profit.ly’s leaders’ board feature as mentioned previously was designed to offer its users a look at their performance as a trading group and its gurus. You’re not just allowed to prove value to a large group of traders, as you are also able to use Profit.ly to shop with a guru, and have the confidence that you are confident with their expertise and the veracity of their claims.
If you feel uneasy with the idea of divulging information about your account with a brokerage, then you could decide to share your trades, either verified or not, by taking photographs. 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 connect with your gurus through the chatroom along with email and text alerts as well as updates.
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Meet the Founder: Tim Sykes
Timothy Sykes is a well-renowned day trading guru who is famously known for delving his hands into the penny-stock market. According to Investopedia the term “penny stock” refers to a small company’s shares that trade for under $5 for each share. The trading of penny stocks could be viewed as an avenue for small businesses to transition to a large marketplace as they can access money from the general public. But don’t be mistaken – it’s also an extremely risky game, as Sykes can surely tell through his many years of experience.
From his beginnings at the end of his time in the high schools, Tim Sykes has, since then, earned more than $6 million in profit through his lengthy career as trading professional. At the age of 25 Tim Sykes had received more exposure and a wider influence over time as a participant in the reality show “Wall Street Warriors.” He then used the opportunity 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 for transparency and to allow the community to rise and compete through the platform.
The Profit.ly Gurus
One of Profit.ly’s most appealing features is the vast array of educational sources, trade alerts and other useful stuff offered by the company’s internal gurus. These gurus refer to experts in the field of trading who have made significant amounts of profit through their years of experience. How Much Is It To Join Timothy Sykes Millionaire Challenge
At its height, Profit.ly had housed up to five gurus, all 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 a few others. As of this writing, however, only two gurus remain on this platform: the 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 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-priced day trading with Tim’s Alerts. The cost is $74.95 for a month you’ll see him focus on the fundamental stock catalysts and use them to predict the next possible moves in making trades.
A single purchase of Tim’s Alerts will get you access to the chatroom, as well as the mobile application that is available to iOS as well as 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 that has been upgraded of the Tim’s Alerts program. It costs $149.95 monthly, this is a great option for investors who are involved in penny stock trading. Pennystocking Silver includes all the basic features of the previous plan, such as swing trading alerts and unlimited access to a collection of more than 7,000 educational videos and new videos released 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 trader who has an eye for tiny-cap massive stocks as well as wildly accurate marketing forecasts. Since he began as a trader, Superman has amassed over $5.5 million in trading earnings. How Much Is It To Join Timothy Sykes Millionaire Challenge
The Superman Alerts plan is his package of vital features and trading alerts targeted to those interested. For just $147 per month, you’ll have access daily premarket stock watchlist as well as the mobile application, daily market updates in real-time, as well as SMS and e-mail alerts.
The film “Superman” Paul Scolardi: Superman Pro
For $247 per month, you can enjoy additional features, plus access to a knowledgeable base provided by Superman himself, via Superman Pro. Superman Pro package. On top of the essentials that are included in the Alerts package, Superman Pro gives you daily video lessons, which include a growing library of all the previous ones. On top of that, you’ll also get the ability to access premium reports on research as well as an IPO and earnings tracker.
Profit.ly plans and costs
If you’re eager to join the online trading community and make a mark on the market, Profit.ly has the right amount of resources to get you going. The platform has three membership tiers that cater to traders of different levels. Let’s look at what the three are and how much 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 trading community. As you sign up for this plan, you will be immediately offered a range of strong and indispensable trading tools, each of them integral in keeping your fingers on what call a competitive process in and of itself.
Some of the features you can do with Profit.ly’s Novice program is the ability to verify the results of your trades and track profit as well as leading, following and even texting your fellow traders, as well as leaving feedback on today’s trades. You’re also allowed to get on leaderboards; analyze, sort, or filter the trades you make and, lastly, view the statistics of other traders.
The Novice plan is $29.95 per month. Although it looks attractive just by the price, there is a downside. You aren’t able to create a personal profile, thus making your actions public. If you’re looking to get access to this feature, you should be watching for us to introduce to you Profit.ly’s new plan.
Trader Plan
The Trader plan allows users to benefit from a majority of features from the novice plan. This plan allows that you are able to create an account that is private to share with other associates all your insights and knowledge you gain from trader’s community.
Priced at $49.95/month, Profit.ly’s Trader plan is exactly what it says: Cater to those who desire to improve their expertise in trading. As nice as it seems however, there’s a crucial feature that is missing. As opposed to the prior Novice package, you won’t be able view other traders’ statistics that might be a drawback for those who are eager to try this new tier. How Much Is It To Join Timothy Sykes Millionaire Challenge
Pro Plan
The Professional plan can be described as the most expensive plan Profit.ly offers to experienced traders. With $74.95 each month and an additional 22% discount for billing annually the Pro plan has it all. It gives you full, unlimited access to all the features from the two previous plans combined.
Not only do you get to see other users’ stats as well, you’re also offered the option of creating your own private profile. Both of these options, in addition to the benefits that you can use to their fullest capacity. If you’re in search of a plan that can serve 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 Leaderboards Profit.ly provides a variety of other services they provide. One of them is the online store, which allows users to select from a variety of videos that are designed to educate and provide guidance on the ins and outs of trading. Each of the offerings listed on this page of the website can be immediately purchased for personal use. Some of these include bestsellers such as the “Trading Tickers” series by trading expert Tim Grittani, Timothy Sykes’s library of DVDs and streaming-only content about short stocking, penny stocking, and all other things trading-related, clips and clips of events like the Annual Pennystocking Conference, and other products by expert traders.
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The chat rooms that are integrated are as well part of Profit.ly’s range of features and services. You’re probably familiar with the concept of chat rooms since you can see it across messaging and social platforms, as well as some specialty websites that provide live chat support. But on Profit.ly the chat room is viewed as a hands-on space where experts and their member traders can communicate and share knowledge in real-time. Each guru has their style in operating their chat room and dealing with the members there. One might be a laid-back person who is not very often active, while another may be more online and communicative in their interactions with students. Think of chat rooms as Profit.ly’s version of the forum in the essence.
Who is the Ideal trader to Profit.ly?
Profit.ly’s wide range of products and features are geared towards a large variety of stock traders, from novices to the most experienced. With the variety of deals it has to offer it is certain to have something for everyone.
Beginners, for instance, will enjoy Profit.ly’s collection of educational materials available across the platform. They will also get daily videos and chat room advice from its in-house gurus and members. They’ll also be able pick from the merchandise available in its online store that they can take with them wherever they may be. They can also gain hands-on experience trading on the platform, but eventually they’ll be able to realize that this is a high-stakes game that shouldn’t be treated as a joke.
For the traders with many years of experience down the line, we see Profit.ly equally suited to those who are just starting. While the newbies may not be as proficient in dealing with trading issues but the experts already know the way it functions and the stack full of risks associated with it. It is ideal to utilize Profit.ly’s range of features to their full advantage to improve their trading skills. Like beginners, they can study from the gurus and experts and utilize those short tips and tricks along the way.
Profit.ly’s “all-in” approach does not only apply to beginners and semi-experienced traders. Certified experts can also take part in the enjoyment! Trade professionals who are on the same level as Superman and Tim Sykes can also use Profit.ly’s capabilities. Profit.ly’s capabilities to showcase their expertise to other traders in order to navigate them through the ever-changing trading process. How Much Is It To Join Timothy Sykes Millionaire Challenge
Profit.ly’s Pros and Pros and
The Pros
- Profit.ly’s many capabilities as a “one-stop’ platform for trading stocks allows traders from all over the world with an abundance of knowledge, communication, and trading tools
- You’ll receive excellent training and tips from the internal experts, which include video libraries that teach you how to learn and real-time trading activities
- You’re assured of transparency throughout Profit.ly with accurate analytics and fellow traders ready to call you out whenever something happens
- The leaderboard feature of the platform offers you the opportunity to increase your reputation as a reliable and dependable trader
- Apart from its core capabilities, Profit.ly also gives its customers additional options to meet their preferences, such as posting unauthentic trades via images
- Profit.ly’s diverse range of packages and subscription levels are priced at affordable rates There is truly something for all
The Cons
- Profit.ly’s numerous packages and services offered could be too much for a lot of its users
- Since traders can choose to make any type of trade, there is an opportunity that some them will profit by selecting the best trades in order to boost their rating This could be a problem that shouldn’t be ignored.
- Profit.ly does not accept refunds, as the premium customers are expected to instantly benefit from the number of services that the platform can offer
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The Final Concluding Question: Is Profit.ly Valued?
If we could think of an appropriate answer for this query, it would be a ‘yes’. But it is important to realize that this platform shouldn’t be viewed as a quick-fix scheme to make money. The platform wasn’t originally intended to be created to achieve this goal. Instead, you should have an open mind. How Much Is It To Join Timothy Sykes Millionaire Challenge
What we are referring to”yes” is it is a fantastic learning tool. Those who may be stuck might be able to find Profit.ly’s range of resources helpful as they do their best to avoid losses and be more successful than they did before. Not only struggling traders who will benefit from this platform. It is able to accommodate novices and even experts in the field!
So, if you genuinely want to become a better trader and want to be taught by your mentors and peers along the way, then you should look no further than Profit.ly. Profit.ly is a fantastic option to begin.
FAQ How Much Is It To Join Timothy Sykes Millionaire Challenge
How can you make use of Profit.ly to post your trades?
Profit.ly has an entry section for trades in the “My Trade category on the dashboard that allows you to post your trades, either verified or otherwise. You may choose between three choices:
- Connecting your account to your brokerage of choice and then importing transactions directly through there
- Manually inputting your trades with provided spaces and specifics
- Take a photo of your trades
What can I do to determine whether the trade is authentic or not?
If you purchase your trade from a reputable brokerage, there is an excellent likelihood that it can be verified. This is indicated with the small blue check. 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 possibility of receiving downvotes from fellow peers. A large number of downvotes could cause you to be listed at the top of the Madoff leaderboard, which is where the public can see who’s dishonest in posting trades.
Is the Profit.ly mobile app still available?
As of this writing, Profit.ly is still available to download via the Apple App Store and on the Google Play store. The mobile version of the app is compatible with the majority of functioning tablets and smartphones.
How many people are connected to Profit.ly?
Profit.ly is currently home to over 150,000 traders and investors, because they are not just looking to earn maximum profits but also assist each other to develop and grow in their ability to take advantage of stock market opportunities left and right.
