The stock market can be an extremely risky game. On certain days, you could have the benefit of pleasing and positive numbers. On other days, the opposite may happen and it could be very difficult to get back to where you were your peak. If you’re constantly stuck in the gutter it is important to recognize that relying on pure instinct and preservation may not always be enough.
If you’ve suffered 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 trading partners from all over the world, which is why we’ve identified a platform that can support you to improve your performance in the market. In this review, we’ll be taking a 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. Do check out our article below, however, because it has a comprehensive overview of Profit.ly.
Overall Rating: 4.1/5 How Much Is Tim Sykes Course Cost
The User’s Experience 4.5/5
Profit.ly is an online trading platform that permits 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 like chat rooms, trade verification as well as an extensive library of educational material.
What exactly is Profit.ly?
Profit.ly is a site for trading which serves as a training and learning platform for traders who are just beginning their journey as well as a place for traders with experience to keep track of their performance using the aid of advanced analytics tools. Offering users a broad range of resources to facilitate trade and communication and letting traders from all walks of life network with each other. It also allows gurus to make worthy investments within the boundaries that the site. Think of it as the social media equivalent to Facebook and Reddit but with a focus on experts and traders.
Profit.ly independently validates trade performance and publishes all data from them in the form of leaderboards. The trading platform is built on honesty and transparency: it makes sure that trades are authentic 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 fellow expert Michael Mosseri.
One time , during an interview for Forbes magazine Sykes stated that Profit.ly was based “on the transparency of the entire spectrum of trades, something which was never prior to.” The concept was, he said, serving two objectives: one) creating public track records for not just the gurus as well as students and newsletter writers and secondly) allowing all users to be enlightened by the losses and wins for the trading industry’s benefit. How Much Is Tim Sykes Course Cost
How Does It Perform?
Profit.ly follows a subscription-based model that lets stock traders have access to a range of services and features geared at achieving success. It is possible to create an account there for free, but you’re only given access to the leaderboard and observe the activities of non-gurus. If you’re looking to invest your money to see what stocks the experts are trading in real time, you will need to subscribe to any of Profit.ly’s deals, which we will go over shortly.
Making an account easy: create a profile with your experiences and knowledge, then connect to your brokerage account and you’ll have an opportunity to make your way up to the top of the leaderboard. Profit.ly’s Leaderboard function, which was we’ve mentioned earlier was designed to offer its users an insight into how the community of traders performs and its gurus. It’s not only a chance to show value to a community of traders. You can also use Profit.ly to purchase with a professional with the assurance that you’re confident of their knowledge and the legitimacy of their claims.
If you are unsure about the idea of sharing your brokerage account, you may choose to publish your trades, whether verified or not, by taking photographs. Also included in Profit.ly are a variety of trading classes, the ability to view stats in a trader’s profile as well as other ways to communicate with your gurus through the chatroom as well as notifications via email or text as well as updates.
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Meet the Founder: Tim Sykes
Timothy Sykes is a well-renowned day trading guru who is well-known for his involvement in penny stock trading. According to Investopedia the term “penny stock” refers to a small-sized company’s stock that trades for less than $5 per share. The penny stock market could be viewed as an opportunity for small companies to move to a large marketplace as it allows them to access funds from the general public. But don’t be mistaken – it can also be an extremely risky game, as Sykes will be able to tell you because of his decades of expertise.
Beginning in the latter years of the high schools, Tim Sykes has, since then, made over $6 million of profit throughout his illustrious career as trading professional. At the age of 25, he had been given more exposure and a wider influence over time when he was a part of the reality series “Wall Street Warriors.” He took advantage of it to develop trading rooms as well as penny stock themes as well as educational content targeted at people who are brand new to the trading field. He also helped to establish Profit.ly as a place for transparency and for the community to lift each other up 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 sources, trade alerts and other helpful stuff provided by the in-house experts of the platform. The gurus in question refer to experts in the field of trading who have proven to make significant amounts of profit from their combined years of experience. How Much Is Tim Sykes Course Cost
At its height, Profit.ly had housed up to five gurus, all of them an expert in their niche in the field of trading. Some of the prominent experts were 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 as well as penny-stock trader 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 can offer.
From Tim Sykes Tim Sykes
Sykes offers a basic stock trading service that focuses on penny-priced day trading with 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 trading.
A single purchase in Tim’s Alerts will get you access to the chatroom and the mobile app available for iOS and Android devices, as well as text, e-mail and push alerts as well as a daily watchlist of stocks.
Tim Sykes: From Tim Sykes: The Pennystocking Silver Package
Pennystocking Silver is the highest-quality, upgraded version of the Tim’s Alerts package. It costs $149.95 monthly, this 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 the previous plan, including swing trading alerts as well as unlimited access to an extensive library of more than 7,000 instructional videos, with new ones released each week.
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From “Superman” Paul Scolardi: Superman Alerts
Scolardi who goes under the name “Superman,” is a swing trading professional with an eye for small-cap monumental stocks and crazy-accurate marketing forecasts. Since the time he started trading, Superman has amassed over $5.5 million in trading profits. How Much Is Tim Sykes Course Cost
The Superman Alerts plan is his package of vital features and trading alerts geared to those interested. For $147 per month, you’ll gain access daily premarket stock watchlist and the mobile app, the daily market commentary in real time, and SMS and e-mail alerts.
The film “Superman” Paul Scolardi: Superman Pro
For the price of $247, you receive additional features, plus access to the extensive knowledge base provided by Superman himself through the Superman Pro package. In addition to the basic features included in the Alerts package, Superman Pro gives you weekly video lessons, including the growing collection of previous lessons. On top of that you’ll also gain the ability to access premium reports on research as well as an IPO as well as earnings tracking tool.
Profit.ly plans and costs
If you’re ready to join the trading community on the internet and leave a mark in the field, Profit.ly has the right amount of resources to get you up and running. Profit.ly offers three membership tiers that cater to traders at different levels. Let’s look at what the three are and how much they will cost you.
The package called Novice is Profit.ly’s beginning-of-the-line plan specifically for people who are brand new to the world of trading. When you sign up for this package you’ll be given a slew of robust and essential trading tools, all of which is essential to keep your hands on what we call a competitive process in and of itself.
Among the list of things 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 your fellow traders, as well as leaving feedback on today’s trades. You can also get on leaderboards; analyze, sort, or filter the trades you make; and, lastly, view other people’s statistics.
The Novice plan will cost $29.95 per month. While it may look attractive for the price alone but there’s a disadvantage. You aren’t able to create a personal account, making your personal information public. If you’re looking to have an account with this option, be watching for us to introduce to you Profit.ly’s next strategy.
The Trader Plan
The Trader package allows users to benefit from a majority of features from the Novice plan. In this plan, that you are able to create a private profile for sharing with fellow associate users all your knowledge and intel in trader’s community.
Priced at $49.95/month, Profit.ly’s Trader plan does what the name suggests: Cater for those looking to improve their skills in trading. While it’s nice, there is one significant feature that is missing. Unlike the previous Novice package, you will not be able view the statistics of other traders, which could be a problem for those who are eager to try this new tier. How Much Is Tim Sykes Course Cost
The Pro plan is the most expensive plan Profit.ly could offer for seasoned traders. At $74.95 monthly, which includes 22% off for annual billing the Pro plan has everything. You will have full, unrestricted access to all the options of the prior plans.
In addition, you’ll be able to view other people’s stats as well, you’re also offered the option of creating a private profile. Both of these options, on top of all the advantages that you can utilize to the fullest potential. If you’re in search of a plan that can serve all the features you need to be an experienced trader, the Pro tier could be for you!
Profit.ly’s Other Services
Apart from the training tools and the leaderboards, Profit.ly provides a variety of additional services that it can offer. One of those is its online store, which lets users select from a variety of videos created to guide you through the ins and outs of trading. All of the products featured on this page of the site can be purchased immediately for personal use. These include best-selling products like”Trading Tickers, “Trading Tickers” series from trading professional Tim Grittani, Timothy Sykes’s collection of DVDs, streaming-only content about penny stocking, short stocking, and other related to trading, videos and footage taken from the Annual Pennystocking Conference, and items from other experts in trading.
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Chat rooms integrated into Profit.ly are included in Profit.ly’s array of features and services. You are probably familiar with the concept of the chat room since you can find it throughout social and messaging platforms and also on a few specialty websites that provide live chat support. But in Profit.ly the chat room is viewed as a hands-on space where experts and their members trade and exchange knowledge in real-time. Each guru has their style in operating their chat room and dealing with the listed members. Some may be a laid-back person who is rarely active, while another might be more active and in touch in their interactions with students. Consider chat rooms as Profit.ly’s version of the forum, in its essence.
Who is the best Trader for 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. Considering the number of offers it can provide it is certain to have something for everyone.
For instance, newbies will enjoy Profit.ly’s library of learning materials available across the platform. In addition, they will be provided with videos every week and chat room tips by its internal gurus and their members. Additionally, they can pick from the merchandise available on its store online that they can take with them wherever they may be. Additionally, they can gain practical experience trading on the platform, but ultimately, they will soon learn that trading is a high-stakes game that should not be viewed as a joke.
For those traders who have had decades of experience in the line, we see Profit.ly equally suitable to them as the newcomers. While the newbies may not be as adept at handling trading matters, the pros already understand how it works and the plethora of risks that it carries. Ideally, they may use Profit.ly’s variety of features to their best advantage to enhance their trading abilities. As beginners, they are able to learn from the top experts and experts and utilize those simple tips and hints along the way.
Profit.ly’s “all-inclusive” nature does not only apply to beginners as well as semi-seasoned traders. Certified experts can also take part in the fun! Those in the trading industry who are on an equal level with Superman and Tim Sykes can also use up Profit.ly’s capabilities to display their skills to others as a way to help assist them in the ever-changing trading process. How Much Is Tim Sykes Course Cost
Profit.ly’s Pros and Pros and
- Profit.ly’s diverse capabilities as a “one-stop’ stock trading platform allows traders across the globe with a wealth of education communications, trading, and communication tools
- You’ll receive excellent training and advice from the company’s in-house gurus, including libraries of educational videos and real-time trading activities
- You’re assured of transparency throughout Profit.ly with accurate analytics and fellow traders that are waiting to reach you out whenever something happens
- The leaderboard feature on the platform gives you the opportunity to increase your reputation as a reliable and authentic trader
- Apart from its core capabilities, Profit.ly also gives its customers extra options that can be tailored to their needs, like posting unauthentic trades via screenshots
- Profit.ly’s wide array of subscription levels and guru packages are priced at reasonable prices There’s something for everyone
- Profit.ly’s bountiful stream of products and packages offered might not be enough for most of its users
- If traders decide to open 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 problem that shouldn’t be simply overlooked
- Profit.ly will not allow refunds, as the premium customers will immediately take advantage of the numerous features the platform is able to provide
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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 would be an affirmative “yes”. But it is important to realize that this platform shouldn’t be viewed as a get-rich-quick scheme. It wasn’t meant to be designed in this way. Instead, it is best to keep an open mind. How Much Is Tim Sykes Course Cost
What we do mean”yes” is that it can be a great learning tool. People who are stuck could be able to find Profit.ly’s array of resources helpful as they do their best to avoid loss and perform better than they did before. It’s not only the struggling traders who will benefit from the platform. It is able to accommodate novices and even experts in the field!
So, if you genuinely care about being better at trading and wish to learn from your peers and experts on the way, you should look no further than Profit.ly. Profit.ly may be a great choice to start.
FAQ How Much Is Tim Sykes Course Cost
How do you use Profit.ly to publish your trades?
Profit.ly offers an entry section for trades in the “My Trade category on the dashboard which lets you post your trades, either verified or otherwise. You may choose between three choices:
- Linking your account with your brokerage of choice and importing transactions directly through there
- Manually entering your trades using provided spaces and specifics
- Take a photo of your transactions
How can I tell whether the trade is authentic or not?
If you purchase your trade from a reputable brokerage, there’s the likelihood that it can be verified. This is shown by the small blue check. If you post the information manually or via images, it will be assigned as unverified.
The disadvantage of an unauthenticated trade is the chance of receiving downvotes from fellow peers. A large number of downvotes could result in you appearing in the Madoff leaderboard, where people can detect who’s being untruthful in submitting trades.
Does the Profit.ly mobile app still available?
At the time of writing, Profit.ly is still available to download from the Apple App Store as well as the Google Play store. The mobile version of the app is compatible with the majority of operating tablets and smartphones.
How many people are currently using Profit.ly?
Profit.ly currently houses more than 150,000 investors and traders as they not only are seeking to make the most profit but also help each other develop and grow in their ability to take advantage of stock market opportunities all over the world.