The stock market can be an extremely risky game. On some days, you might have the benefit of positive and satisfying numbers. On other days, however it could be the reverse and it could be extremely difficult to return to where you were at your best. If you find yourself always in the mud it is important be aware that relying solely on your instincts and preserving may not always be enough.
If you’ve suffered loss from time to time You’ll need reliable advice from tested and tried trading experts. Additionally, you’ll require a significant boost from your fellow traders from around the world, which is why we’ve identified an option that can help you to improve your performance in the market. In this review, we’ll take an in-depth 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. To get a comprehensive overview of Profit.ly, you may still want to check out our article below.
Total Rating: 4.1/5 How Much Is Tim Sykes Freddom 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 informed, transparent, accountable, and uplifting with each other by offering a wide array of tools and features including trade verification, chat rooms and a rich library of educational content.
How do I define Profit.ly?
Profit.ly is a trading site which serves as a learning and education platform for people new to trading as well as a place for traders who are experienced to monitor their performance using the aid of advanced analytics tools. Offering users a broad variety of tools for communication and trade that help traders from every field of business connect with each other. It also allows gurus to make an opportunity to invest in the right areas of the platform. Think of it as the social media equivalent the likes of Facebook and Reddit however it is geared towards traders and experts.
Profit.ly independently verifies trade performances and then publishes the information of them in the manner of leaderboards. The platform’s trading model is based on honesty and transparency: it guarantees that the trades are authentic and won’t tolerate inauthenticity as much as is humanly possible. It was created in the past by penny expert in stock trading and investment guru Timothy Sykes, along with the other expert Michael Mosseri.
One time during his interview for Forbes publication, Sykes stated that Profit.ly was motivated by its focus “on showing the entire spectrum of trades, something which was never done before.” This idea was, he said, serving two objectives: one) keeping track of public data for not just the gurus and newsletter authors and students, and 2) allowing everyone on the platform to be enlightened by the losses and wins to the benefit of the trading industry. How Much Is Tim Sykes Freddom Challenge
How Does It How Does It
Profit.ly is a subscription-based platform that allows stock traders to benefit from a variety of features and services aimed towards achieving success. It is possible to create an account at no cost, however you’re only given access to the leaderboards and monitor the activities of people who aren’t gurus. If you’re looking to invest your money and see which stocks the gurus are trading in real-time it is necessary to subscribe to any of Profit.ly’s deals, which we will review in the coming days.
Setting up an account is easy: create an account that includes your personal information and knowledge, then connect to your brokerage account and you’ll have the chance to climb through at the very top of the list. Profit.ly’s leaders’ board feature as previously mentioned it is designed to provide its users a glimpse of the performance of the trading community as well as its experts. It’s not just a way to demonstrate value to a group of traders. You can also utilize Profit.ly to purchase from a guru with the assurance that you’re confident with their expertise and the legitimacy of their claims.
If you are unsure about the concept of leaking the details of your broker account you can choose to publish your trades, whether verified or not, via pictures. Included in Profit.ly is the huge selection of trading classes and the capability to see stats in a trader’s profile and other methods to connect with your gurus through the chatroom along with 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 his efforts in the penny-stock market. According to Investopedia Penny stock refers to a small company’s shares that trade for less than $5 per share. The trading of penny stocks could be viewed as an avenue for small companies to move to a market that is larger as it gives them access to funds from the general public. But don’t make the mistake of thinking that it can also be a high-risk game, which Sykes can surely tell thanks to his years of expertise.
Beginning in the latter years of the high schools, Tim Sykes has, since then, earned more than $6 million in profit during his long and successful career as a trader. At the age of 25 Tim Sykes had received greater exposure and a larger impact when he was a part of the reality series “Wall Street Warriors.” Then, he made use of the show to create trading rooms, penny stock themes, and educational material aimed at those who are just beginning to learn about the trading field. He also helped to establish Profit.ly as a place for transparency, and for the community to uplift and compete against each other on the platform.
The Profit.ly Gurus
One of Profit.ly’s most appealing features is the variety of learning 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 earned substantial profits through their years of knowledge. How Much Is Tim Sykes Freddom Challenge
At its peak, Profit.ly had housed up to five gurus. Each of them an expert within their particular field within the world of trading. Some of the most famous experts included Connor Bruggermann, Nathan Michaud of Investors Underground, and Triforce, among a few others. At the time of writing however, only two gurus remain on this platform: Founder of the penny stock market Tim Sykes and veteran smallcap swing trader Paul Scolardi, also known as Superman. When we take that into account we’ll take a look at the packages each guru can offer.
From Tim Sykes: Tim’s Alerts
Sykes provides basic stock trading services that focuses on penny stock day trading through Tim’s Alerts. Costing $74.95 per month, you’ll see him focus on the fundamental stock catalysts and use them to anticipate the next move that is possible when making trades.
A single purchase in Tim’s Alerts will get you access to the chatroom as well as the mobile app available on iOS as well as Android devices, texts, emails, and push alerts; as well as a daily watchlist of stocks.
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, it is a great option for those who are more committed to the penny-stock market. Pennystocking Silver offers all the essential features found in the previous plan, which includes alerts for swing trading and access to an extensive collection of more than 7,000 educational videos, with new ones released each week.
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In “Superman” Paul Scolardi: Superman Alerts
Scolardi, who goes by the name “Superman,” is a trader who has 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 all-time trading earnings. How Much Is Tim Sykes Freddom Challenge
The Superman Alerts plan is his offering of essential features and alerts on trading geared towards those who might be interested. For $147 per month, you’ll gain access daily stock watchlist that is premarket and the mobile app, the daily market updates in real-time, and E-mail and SMS alerts.
In “Superman” Paul Scolardi: Superman Pro
At $247/month, you get additional features and access to a knowledgeable base provided by Superman himself through Superman Pro. Superman Pro package. In addition to the basic features included in the Alerts plan, Superman Pro gives you daily video lessons, which include a growing library of all previous lessons. On top of that, you’ll also get an access to high-quality research papers as well as an IPO or earnings monitor.
Profit.ly plans and costs
If you’re eager to join the world of online trading and leave your mark on the field, Profit.ly has the right amount of resources to help you up and running. Profit.ly offers three membership levels, each designed for traders of different levels. Let’s break down what these three levels are and what they will cost you.
Novice Plan
This package for novices is Profit.ly’s basic plan that is designed specifically for those who are new to the trading community. When you sign to this plan, you will be immediately given a slew of robust and essential trading tools, all one of them essential in keeping your hands on what we can describe as a cutthroat procedure in its own.
Some of the features you can do with Profit.ly’s Novice package is the ability to verify trades and track profits and follow-up, leading and even chatting with your fellow traders; and giving feedback on the trades of today. You’re also allowed to get onto leaderboards; study the results of your analysis, sort, and filter your trades and, finally, see other people’s statistics.
The Novice plan will cost $29.95 per monthly payment. Although it looks attractive simply because of the price however, there’s a drawback. You can’t create a private account, making your personal information public. If you’re interested in gain access to this feature, you should be watching for us to introduce to you Profit.ly’s new plan.
The Trader Plan
The Trader plan allows you to take advantage of a majority of features from The Novice package. This plan allows that you can set up an account that is private to share with other associate users all the insights and intel in this trading group.
The price is $49.95/month, Profit.ly’s Trader plan does what the name suggests caters to those who desire to improve their expertise in trading. Although it’s a nice thing, there is one significant feature that is missing. Unlike the previous Novice package, you won’t be able view other traders’ stats, which could be a disadvantage for some who may be looking forward to this tier. How Much Is Tim Sykes Freddom Challenge
Pro Plan
This is by far the highest luxurious package Profit.ly offers to experienced traders. With $74.95 per month, with an additional 22% discount when billed annually This plan offers everything. You will have full, unrestricted access to all the features of the previous plans combined.
In addition, you’ll be able to see other users’ stats as well, you’re also offered the option of creating an individual profile. Both of these options, on top of all the advantages that you can utilize to their fullest capacity. If you’re looking for an account that will give you everything you need as a skilled trader, maybe the Pro level is for you!
Profit.ly’s Other Services
Apart from the training tools and the leaderboards, Profit.ly offers a number of additional services that it can provide. One of those is its online store, where customers can pick from a range of instructional videos that are that are designed to educate and provide guidance on the nuances and pitfalls of trading. The products listed in this section of the website can be purchased immediately for personal use. Some of these include bestsellers such as”Trading Tickers,” the “Trading Tickers” series by trading specialist Tim Grittani, Timothy Sykes’s collection of DVDs and streaming-only content on short stocking, penny stocking, and other aspects of trading. There are also clips and scenes from events like the Annual Pennystocking Conference, and items from other experts in trading.
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The integrated chat rooms are also part of Profit.ly’s array of features and services. You may be familiar with chat rooms since you can find it throughout messaging and social platforms, as well as some specialty websites that offer live chat support. But in Profit.ly it’s seen as a area where experts and members can interact and share 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 of them may be a laid-back person who is rarely active, while another may be more interactive and online to their pupils. Consider chat rooms like 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 are geared towards a large variety of stock traders, ranging from novices to the most experienced. With the variety of deals it has to offer it is certain to have something for everyone.
For instance, newbies will appreciate Profit.ly’s library of learning information available on the platform. Not only will they be provided with videos every week and chat room tips by its internal gurus as well as their members. They’ll also be able to select from the products in its online store to carry with them wherever they may travel. You can also get hands-on experiences from trading within the platform, but eventually they’ll realize that trading is a risky game that shouldn’t be taken as an opportunity to make fun of.
For traders who have many years of experience down the road, we consider Profit.ly equally suitable to the newcomers. While the newbies may not be as adept at dealing with trading issues, the pros already understand how it works along with the risky mix that come with it. In the ideal scenario, they can use Profit.ly’s variety of features to their full advantage to develop their trading skills. Like beginners, they can learn from the experts and experts and utilize those short tips and tricks along the way.
Profit.ly’s ‘all-together’ nature isn’t limited to novices as well as semi-seasoned traders. Verified experts can also join in the fun! Those in the trading industry who are on the same level as Superman as well as Tim Sykes can also use up Profit.ly’s capabilities to display their skill to others as a way to help guide them through the ever-illustrious trading process. How Much Is Tim Sykes Freddom Challenge
Profit.ly’s Pros and Cons
The Pros
- Profit.ly’s diverse capabilities as a “one-stop’ stock trading platform enable traders across the globe with a wealth of education communications, trading, and communication tools
- You get to receive excellent training and tips from the in-house gurus, including video libraries that teach you how to learn and live trading activity.
- You’re guaranteed transparency throughout Profit.ly by using accurate data as well as other traders who are ready to reach you out whenever something happens
- The leaderboard feature of the platform offers you the opportunity to increase your credibility as a trustworthy and authentic trader
- In addition to its primary features, Profit.ly also gives its users extra options to suit their individual preferences, for instance, posting unauthentic trades via photographs
- Profit.ly’s wide array of packages and subscription levels are priced at affordable rates There’s something for all
The Cons
- Profit.ly’s bountiful stream of packages and products offered may be too much for a lot of its users
- As traders may opt to make any type of trade, there’s an opportunity that some them may take advantage by selecting the best trades in order to boost their rating – this may be a problem that shouldn’t be overlooked.
- Profit.ly will not allow refunds because its premium users will immediately benefit from the number of services the platform has to offer
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The Final Verdict The Final Verdict: Is Profit.ly worth it?
If we could think of the answer, it would be a ‘yes’. But you need to understand that this platform shouldn’t be viewed as a get-rich-quick scheme. The platform wasn’t originally designed to be used to achieve this goal. Instead, you should have the ability to think with an open heart. How Much Is Tim Sykes Freddom Challenge
What we mean by ‘yes’ is that it is a fantastic learning tool. For those who are struggling, they could be able to find Profit.ly’s variety of resources helpful when they try their best to incur lesser losses and perform better than they did before. It’s not just the struggling traders who will benefit from this platform. It will be able to accommodate beginners as well as even experts!
So, if you genuinely want to become a better trader and want to learn from your peers and experts throughout the process, then you should look no further than Profit.ly. Profit.ly could be a good option to begin.
FAQ How Much Is Tim Sykes Freddom Challenge
How do you use Profit.ly to publish your trades?
Profit.ly includes a trade entry portion in the ‘My Trade’ category of the dashboard. It allows you to post your trades, either verified or otherwise. You may choose between three options:
- Linking your account to the broker of choice and import transactions directly through there
- Manually entering your trades using provided spaces and specifics
- Take a photo of your transactions
How do I know if the trade is verifiable or not?
If you buy your trade from a reputable brokerage, there’s the likelihood that it can be verified. This is indicated with the blue check mark. If you post the information manually or via pictures, it will be assigned as unverified.
The drawback of posting an unverified trade is the risk of getting downvotes from your friends and colleagues. If you receive too many negative votes, it could result in you appearing on the Madoff leaderboard, which is where the public can see who’s untruthful in submitting trades.
Is the Profit.ly mobile application still available?
As of the moment, Profit.ly is still available for download on the Apple App Store and in the Google Play store. The mobile app version works with all working smartphones and tablets.
How many people are on Profit.ly?
Profit.ly is currently home to over 150,000 investors and traders, since they’re not just seeking to make the most profit but also assist each other to develop and grow in their ability to take advantage of stock market opportunities all over the world.
