The stock market can be an extremely risky game. On certain days, you may enjoy the benefits of pleasing and positive numbers. On other days, however you may experience the opposite, and it may sometimes be very difficult to return to where you were your best. If you find yourself constantly stuck in the gutter, you will have be aware that relying solely on your instincts and preserving is not always enough.
If you’ve been incurring losses from time to time, you’re gonna be needing sound advice from tried-and-tested trading experts. Also, you’ll need an important boost from trading partners from all over the globe, which is why we’ve found an option that can help you in your growth within the field. In this review, we’ll be taking an in-depth look at Profit.ly A well-respected 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. 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 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 knowledgeable responsible, transparent, and to build relationships with one another through its wide range of features and tools such as chat rooms, trade verification as well as an extensive library of educational content.
What is Profit.ly?
Profit.ly is a trading website that functions as a learning and education platform for those who are just beginning their journey and as a hub for traders who are experienced to monitor their performance through the use of cutting-edge analytics tools. It provides users with a vast variety of tools for communication and trade that help traders from all walks of life connect with each other. It gives the gurus worthwhile investments within the confines that the site. Think of it as the social media equivalent to Facebook and Reddit, but for professionals and traders.
Profit.ly independently validates trade performance and posts all the data from them in the style of leaderboards. The platform’s trading model is based on transparency and honesty: it makes sure that trades are authentic and won’t allow for fraud as much as is humanly possible. It was established many years ago by penny stock trade expert and investment expert Timothy Sykes, along with his colleague Michael Mosseri.
One time during his interview with Forbes magazine Sykes said that Profit.ly was based “on showing all trades, something that was never previously done.” This idea was, he said, serving two purposes: 1) making public records for everyone, not just the experts as well as students and newsletter writers, and 2) allowing all users to be enlightened by the losses and wins to the benefit of the trading industry. How Much Is Timothy Sykes Millionaire Challenge
How Does It Perform?
Profit.ly is a subscription-based platform that lets stock traders benefit from a variety of features and services aimed toward success. You may set up an account on the site at no cost, however you’re only given the capability to browse the leaderboards and monitor the actions of non-gurus. If you’re looking to invest your money in order to find out what stocks the experts 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.
Making an account easy: create an account that includes your personal information and expertise, connect to your brokerage account and you’ll have the chance to climb your way up to high on the leaderboard. Profit.ly’s leaders’ board feature as previously mentioned was designed to offer its users an insight into the performance of the trading community as well as its experts. It’s not just a way to prove that you’re worthy to the group of traders, but you can also utilize Profit.ly to shop with a professional with the assurance that you’re confident in their skills and the credibility of their claims.
If you feel uneasy with the idea of sharing your brokerage account, then you could decide to share your trades, verified or not, by taking photographs. Included in Profit.ly are a variety of trading courses, the ability to view the stats of a trader’s account as well as other ways to connect with your gurus in 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 efforts in the penny-stock market. According to Investopedia the term “penny stock” refers to a small-sized company’s stock which trades at under $5 for each share. The penny stock market can be seen as an opportunity for small companies to move into a larger market because it allows them to access capital from the general public. But don’t be mistaken – it’s also an extremely risky activity, as Sykes is sure to reveal thanks to his years of experience.
Since his initial beginnings in his late years in High School, Tim Sykes has, since then, made an estimated $6 million earnings during his long and successful career as a trader. At 25 years old, he had been given greater exposure and a larger impact when he was a part of the reality show “Wall Street Warriors.” He then made use of the show to establish trading rooms, penny stock themes, and educational material aimed at those who are new to the trading field. He also played a role in establishing 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 sweet inclusions is the variety of educational tools, trade alerts as well as other useful information provided by the platform’s in-house gurus. The gurus in question refer to the experts in trading who have earned significant amounts of profit from their collective years of experience. How Much Is Timothy Sykes Millionaire Challenge
At its height, Profit.ly had housed up to five gurus, each of them a professional in their field of expertise in the trading industry. 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 only two gurus remain on the 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 Let’s look at the packages each guru offers.
From Tim Sykes Tim Sykes
Sykes offers a basic stock trading service which focuses on penny-stock day trading via Tim’s Alerts. The cost is $74.95 for a month you will observe him focus on basic stock catalysts and employ them to predict the next move that is possible when making trades.
A purchase on its own of Tim’s Alerts will get you access to the chatroom and the mobile application that is 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 highest-quality version, with an upgraded version of Tim’s Alerts package. Priced at $149.95 for a month this is an ideal plan for investors who are committed to penny stock trading. Pennystocking Silver comes with all the standard features of prior plans, such as swing trading alerts and unlimited access to a rich collection of more than 7,000 educational videos that are updated every week.
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The following video is from “Superman” Paul Scolardi: Superman Alerts
Scolardi who goes under the name “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 trading earnings. How Much Is Timothy Sykes Millionaire Challenge
The Superman Alerts package is his package of vital features and trading alerts targeted to those interested. For just $147 per month, you’ll have an access to the day-to-day premarket stock watchlist as well as the mobile app, daily market commentary shown 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 a knowledgeable base provided by Superman himself through his Superman Pro package. In addition to the basic features featured in the Alerts plan, Superman Pro gives you weekly video lessonsthat 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 as well as earnings tracking tool.
Profit.ly Programs and Costs
If you’re looking to join the trading community on the internet and leave your mark on the market, Profit.ly has the right amount of resources to get you going. The platform offers three membership levels, each designed for traders of different levels. Let’s break down what these three are and how much they will cost you.
Novice Plan
This package for novices is Profit.ly’s entry-level plan designed especially for those who are new to the trading community. When you sign up for this package you’ll be offered a range of strong and indispensable trading tools, each of them integral in keeping your fingers on what we could call a ruthless process by itself.
Some of the 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 chatting with your fellow traders, as well as giving feedback on the trades of today. You can also get on leaderboards; analyze the results of your analysis, sort, or filter the trades you make and lastly, look at the statistics of other traders.
The Novice plan will cost $29.95 per monthly payment. Although it might look appealing for the price alone but there’s a disadvantage. It isn’t possible to create a private profile, thus making your actions public. If you’re interested in have the benefit of this service, you should be watching for us to introduce to you Profit.ly’s next strategy.
The Trader Plan
The Trader package lets you to take advantage of a majority of features from The Novice package. It is in this plan that you are able to create an individual profile that allows you to share with other associates all your insights and information you have gained from trader’s community.
Priced at $49.95/month, Profit.ly’s Trader plan does what the name suggests catering for those looking to harness their expertise in trading. While it’s nice, there is one significant feature that is missing. In contrast to the Novice package, you will not be able view the statistics of other traders, which could be a disadvantage for some who may be looking forward to this tier. How Much Is Timothy Sykes Millionaire Challenge
Pro Plan
The Pro plan is the highest luxurious package Profit.ly can offer to experienced traders. With $74.95 monthly, with 22% off for annual billing, this tier has everything. You will have full, unrestricted access to all the features of the previous plans.
You’re not only able to view other people’s stats as well, you’re also offered the chance to create a private profile. These two features are in addition to the advantages you’ll be able to use to the maximum extent. If you’re in search of a plan that can serve you everything you need as trader with experience, the Pro level is the right choice for you!
Profit.ly’s Other Services
In addition to the training tools and the Leaderboards Profit.ly offers a number of more services it has to provide. One of them is the online store, where customers can choose from a wide array of instructional videos that are that are designed to educate and help you understand the ins and outs of trading. All of the products featured in this section of the website can be immediately purchased for personal use. These include best-selling products like”Trading Tickers,” the “Trading Tickers” series by trader expert Tim Grittani, Timothy Sykes’s library of DVDs and streaming-only content about short stocking, penny stocking, and other things trading-related, clips and footage taken from events like the Annual Pennystocking Conference, and other products by expert traders.
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The integrated chat rooms are as well part of Profit.ly’s range of services and features. You may be familiar with the concept of chat rooms since you can see it across social and messaging platforms as well as some specialty websites that offer live chat assistance. However, in Profit.ly it’s seen as a hands-on space where experts and their members can interact and exchange knowledge in real-time. Each guru has their style in running their chat rooms and dealing with the members. One of them may be laid back and rarely engaged, while another could be more active and in touch to their pupils. Think of the chatrooms as Profit.ly’s version of the forum in essence.
Who is the Ideal trader to Profit.ly?
Profit.ly’s variety of offerings and features caters to a large variety of stock traders, from novices to the most experienced. Considering the number of offers it offers, the platform surely has something for all.
For instance, newbies will enjoy Profit.ly’s knowledge-based materials available across the platform. In addition, they will be enriched with weekly videos and chat room tips by its internal gurus and their members. Additionally, they can select from the products on its store online for them to take wherever they may be. Additionally, they can gain practical experiences from trading within the platform, but eventually, they will soon learn that this is a high stakes game that shouldn’t be taken as a joke.
For the traders with decades of experience in the line, we see Profit.ly equally suitable to people who are just beginning. Although the novices might not be as adept at dealing with trading issues however, experienced traders know how it works along with the stack full of risks that it carries. Ideally, they may use Profit.ly’s range of options to their maximum advantage to develop their trading skills. Like beginners, they can learn from the experts as well as experts, and take advantage of quick tips and tidbits along the way.
Profit.ly’s “all-inclusive” nature doesn’t just apply to newbies or semi-experienced trader. Experts who have been verified can also participate in the fun! Trade professionals who are on the same level as Superman and Tim Sykes can also use the power of Profit.ly’s capabilities to display their skill to others in order to navigate them through the ever-changing trading process. How Much Is 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 a wealth of education tools, communication, and trading tools
- You get to receive excellent training and tips from the inside experts, as well as collections of educational videos as well as real-time trading activities
- You’re assured of transparency throughout Profit.ly by using accurate data and fellow traders who are ready to reach you out whenever something happens
- The leaderboard feature on the platform gives you a way to build your credibility as a trustworthy and authentic trader
- Apart from its core capabilities, Profit.ly also gives its customers additional options to meet their preferences, such as posting unverifiable trades through images
- Profit.ly’s wide array of subscription plans and guru packages are priced at affordable rates There’s something for every person
The Cons
- Profit.ly’s abundance of products and packages offered might not be enough for the majority of its users
- If traders decide to post any kind of trade, there is the possibility that some of them could profit from cherry-picking the best trades to increase the rating this could be a concern that should not be simply overlooked
- Profit.ly will not allow refunds, as the premium customers will immediately benefit from the many services that the platform can offer
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The Final Verdict The Final Verdict: Is Profit.ly Valued?
If we could come up with an appropriate answer for this query, it would be yes. However, you must realize that this platform shouldn’t be viewed as a get-rich-quick scheme. The platform was not always designed to be used in this way. Instead, you should have the ability to think with an open heart. How Much Is Timothy Sykes Millionaire Challenge
What we mean”yes” is it can be a great learning tool. Those who may be stuck might discover Profit.ly’s variety of resources helpful when they try their best to reduce losses and be more successful than they did 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 be taught by 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 Is Timothy Sykes Millionaire Challenge
How do you use Profit.ly to make your trades public?
Profit.ly offers an entry section for trades within the My Trade section of the dashboard which allows you to post your trades, either verified or not. There are three options:
- Linking your account to the broker of choice and import trades directly from there
- Manually entering your trades into provided spaces and specifics
- Upload a screenshot of your transactions
What can I do to determine whether the trade can be verified or not?
If you buy your trade from a trusted brokerage, there is a high probability that it’s verifiable. This is shown by the small blue check. If you upload it in a manual way or by taking images, it will be assigned as unverified.
The downside of having an unverified trade is the chance of receiving negative feedback from friends and colleagues. A large number of downvotes could cause you to show up at the top of the Madoff leaderboard, where users can detect who’s being dishonest in posting trades.
Does the Profit.ly mobile app still available?
As of this writing, Profit.ly is still available for download on the App Store for Apple and on the Google Play store. The mobile version of the app is compatible with most operating tablets and smartphones.
How many people are currently on Profit.ly?
Profit.ly currently houses over 150,000 traders and investors, as they not only are seeking to make the most profit but also to help one another develop and grow in their ability to take advantage of opportunities in the stock market both right and left.
