Stock trading can be an extremely risky game. On some days, you may enjoy the benefits of positive and satisfactory numbers. However, on other days it could be the reverse and it can be very difficult to return to where you were at your best. If you’re always in the mud You will need to realize that relying on pure instinct and preservation is not always enough.
If you’ve experienced loss from time to time, you’re gonna be needing sound advice from tried-and-tested trading experts. You’re also gonna need a significant boost from your fellow traders from around the globe. That’s why we’ve discovered an option that can help you to improve your performance in the industry. We’ll be taking 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.
Overall Rating: 4.1/5 How Much Is Timothy Sykes Training
Value: 4.1/5
Quality: 4.1/5
Costs: 4.1/5
The User’s Experience 4.5/5
Summary
Profit.ly is an online trading platform that enables traders of different levels to be knowledgeable and accountable, as well as transparent and encouraging each other by offering a wide array of tools and features such as trade verification, chat rooms and a rich library of educational material.
How do I define Profit.ly?
Profit.ly is a trading website that functions as a learning and training platform for people who are starting out and also as a platform for experienced traders to track their performance using the aid of advanced analytics tools. It provides users with a vast variety of tools for trade and communication that help traders from all walks of life connect with each other. It gives the gurus worthwhile investments within the confines of the platform. Think of it as the social media equivalent the likes of Facebook and Reddit but with a focus on professionals and traders.
Profit.ly independently checks the performance of trades and then publishes the information of them in the manner of leaderboards. The platform’s trading model is based on trust and transparency. it makes sure that trades are authentic and won’t allow for fraud as much as is humanly possible. It was established in the past by penny expert in stock trading and investment guru Timothy Sykes, along with the other expert Michael Mosseri.
One time , during an appearance in Forbes magazine Sykes stated that Profit.ly was driven by its focus “on the transparency of all trades, something that has never been prior to.” The idea Sykes said served two goals: 1.) creating public track records for everyone, not just the experts, but also the newsletter authors and students, and 2) giving anyone on the platform to gain insight into both losses and wins to benefit the industry of trading. How Much Is Timothy Sykes Training
How Does It Perform?
Profit.ly follows a subscription-based model which allows stock traders to gain access to a multitude of features and services aimed towards achieving achievement. You can create an account on the site at no cost, however you’re only given access to the leaderboard and observe the activities of non-gurus. If you’re ready to invest your money in order to find out which stocks the gurus are trading in real-time You’ll need to join one of Profit.ly’s offers, which we will discuss in the near future.
Setting up an account is simple: Create an account with your experience and expertise, connect your brokerage account, and you have yourself an opportunity to make your way up to at the very top of the list. Profit.ly’s leaders’ board feature as mentioned previously, is designed to give its users a glimpse of their performance as a trading group as well as its experts. You’re not just allowed to demonstrate your worth to a community of traders, but you are also able to use Profit.ly to shop with a professional with the assurance that you’re confident of their knowledge and the credibility of their assertions.
If you feel uneasy with the idea of divulging information about your account with a brokerage, you may choose to publish your trades, verified or not, via photographs. Included in Profit.ly are the vast number of trading classes and the capability to see stats in a trader’s profile as well as other ways to communicate with your gurus through the chatroom along with email and text alerts 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 is famously known for his efforts in penny stock trading. According to Investopedia, a penny stock refers to a small-sized company’s stock which trades at less than $5 per share. The penny stock market could be viewed as an avenue for small companies to move to a market that is larger as they can access money from the general public. But don’t be mistaken – it’s also an extremely risky game, as Sykes will be able to tell you thanks to his years of experience.
Since his initial beginnings in the latter years of High School, Tim Sykes has, since then, earned over $6 million of profit throughout his illustrious career as trader. When he was 25 years old Tim Sykes had received greater exposure and a larger reach of influence when he became part of the reality show “Wall Street Warriors.” Then, he used the opportunity to establish trading rooms, penny stock themes, and educational content geared toward those who are just beginning to learn about the trading field. He also helped establish Profit.ly as a place for transparency, and for the community to uplift and compete with each other through the platform.
The Profit.ly Gurus
One of Profit.ly’s most appealing features is the vast array of educational resources, trade alerts, and other useful stuff offered by the in-house experts of the platform. Gurus are referred to experts in the field of trading who have proven to make significant amounts of profit from their combined years of expertise. How Much Is Timothy Sykes Training
At its height, Profit.ly had housed up to five gurus, all of them a professional in their niche within the world of trading. Some of the prominent gurus included Connor Bruggermann, Nathan Michaud of Investors Underground, and Triforce among others. As of this writing, there are only two gurus who remain on the platform: the founder and penny stock trader Tim Sykes and veteran smallcap swing trader Paul Scolardi, also known as Superman. With that taken into consideration we’ll take a look at what packaged deals each guru can offer.
From Tim Sykes: Tim’s Alerts
Sykes provides a basic stock trading service which focuses on penny-priced day trading with Tim’s Alerts. Costing $74.95 for a month you will observe him focus on fundamental catalysts for stocks and utilize them to anticipate the next move that is possible when trading.
A single purchase from Tim’s Alerts will get you access to the chatroom and the mobile app available to iOS and Android devices, email, text, 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 package. Priced at $149.95 for a month it is an ideal plan for those who are more committed to the penny-stock market. Pennystocking Silver offers all the essential features of earlier plans which includes swing trading alerts as well as unlimited access to a rich library of more than 7,000 instructional videos and new videos released weekly.
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The following video is 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 earnings. How Much Is Timothy Sykes Training
The Superman Alerts plan is an offering of essential features and trading alerts geared towards those who might be interested. For just $147 per month, you’ll have access to the daily stock watchlist that is premarket as well as the mobile app, the daily market updates in real time, and E-mail and SMS alerts.
The film “Superman” Paul Scolardi: Superman Pro
At $247/month, you get 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 lessons, including the growing collection of other previous ones. On top of that you’ll also have access to premium research reports and the IPO as well as earnings tracking tool.
Profit.ly Plans and Costs
If you’re ready to join the online trading community and leave your mark on the field, Profit.ly has the right amount of resources to help you up and running. The platform offers three membership tiers, each designed for traders at different levels. Let’s take a look at what these three tiers are and how much they’ll cost you.
Novice Plan
This package for novices is Profit.ly’s entry-level plan designed especially for those who are just beginning their journey to the world of trading. When you sign up for this plan, you will be immediately given a slew of robust and essential trading tools, each of which is essential to keep your fingers on what can describe as a cutthroat process in and of itself.
Some of the features you can accomplish using Profit.ly’s Novice package is the capability to check the results of your trades and track profit as well as leading, following, and even messaging your fellow traders, as well as providing feedback on trades today. It also allows you to be on leaderboards; analyze, sort, and filter your trades; and lastly, look at other’s stats.
The Novice plan is $29.95 per month. Although it looks attractive simply because of the price but there’s a disadvantage. You can’t create a private profile, which makes your activities publicly available. If you do want to get access to this feature, you should keep an eye on us as we present to you Profit.ly’s next plan.
Trader Plan
The Trader plan allows you to use the majority of features available in The Novice package. In this plan, that you can create a private profile for sharing with fellow associates all your insights and information you have gained from trader’s community.
The price is $49.95/month, Profit.ly’s Trader plan does what the name suggests catering to those who desire to harness their trading skills. While it’s nice, there is one significant feature that is missing. As opposed to the prior Novice package, this one won’t be able view the statistics of other traders that could be a problem for some who may be anticipating this level. How Much Is Timothy Sykes Training
Pro Plan
This is by far the most expensive plan Profit.ly can offer to experienced traders. With $74.95 each month with a 22% discount for billing annually the Pro plan has everything. You get full, no-holds-barred access to all features from the two previous plans.
Not only do you get to view other people’s stats, but you’re also given the chance to create an individual profile. These two features are on top of all the advantages that you can utilize to the maximum extent. If you’re in search of an account that will give you with everything you require as trader with experience, the Pro level is ideal for you!
Profit.ly’s Other Services
Apart from the provided trainer tools and leaderboards, Profit.ly has a few additional services that it can offer. One of these is its online store, where customers can select from a variety of instructional videos that are designed to inform and provide guidance on the nuances and pitfalls of trading. All of the products featured in this section of the website is available to be bought immediately for your personal use. Among these products include best-sellers like the “Trading Tickers” series by trader expert Tim Grittani, Timothy Sykes’s library of DVDs and streaming-only content about penny stocking, short stocking, and other aspects of trading. There are also clips and scenes of 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 services and features. You may be familiar with the chat room since you can see it across social and messaging platforms, and also on a few specialty websites that offer live chat assistance. But on Profit.ly it’s seen as a real-time space where experts and their members trade and exchange knowledge in real-time. Each guru has their style when it comes to running their chat room and dealing with the members. Some may be laid back and not very often active, while another might be more active and in touch in their interactions with students. Consider chat rooms like Profit.ly’s version of the forum in its essence.
Who is the Ideal Trader for Profit.ly?
Profit.ly’s diverse range of products and features are geared towards an array of stock traders, ranging from beginners to experienced pros. Given the wide range of options it can provide it is certain to have something for everyone.
Newbies, for instance, will enjoy Profit.ly’s collection of educational content offered throughout the platform. Not only will they get daily videos and chat room tips by its internal gurus and members. Additionally, they can select from the products from 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 be able to realize that the process is a high-stakes game that should not be viewed as an opportunity to make fun of.
For those traders who have had many years of experience down the line, we believe Profit.ly as equally as suitable to the newcomers. Although the novices might not be as proficient in dealing with trading issues, the pros already understand the way it functions and the stack full of risks that come with it. It is ideal to make use of Profit.ly’s array of options to their maximum advantage to improve their trading abilities. As beginners, they are able to learn from the experts and experts , and use those quick tips and tidbits throughout the process.
Profit.ly’s “all-inclusive” nature does not only apply to beginners as well as semi-seasoned traders. Verified experts can also join in the enjoyment! Those in the trading industry who are at an equal level with Superman and Tim Sykes can also use the power of Profit.ly’s capabilities to display their skills to others in order to navigate them through the ever-changing trading process. How Much Is Timothy Sykes Training
Profit.ly’s Pros and Cons
The Pros
- Profit.ly’s many capabilities as a “one-stop’ stock trading platform allows traders from all over the world with an abundance of knowledge communications, trading, and communication tools
- You’ll receive excellent training and advice from the company’s inside experts, as well as video libraries that teach you how to learn and real-time trading activities
- You can be sure of complete transparency through Profit.ly by using accurate data as well as other traders that are waiting to reach you out whenever something happens
- The leaderboard feature on the platform gives you the chance to establish your credibility as a trustworthy and authentic trader
- In addition to its primary abilities, Profit.ly also gives its customers additional options to meet 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 reasonable prices There is truly something for all
The Cons
- Profit.ly’s numerous products and packages offered might be too much for the majority of its users
- Since traders can choose to open any kind of trade, there’s the possibility that some of them will profit by selecting the best trades in order to boost their rating This could be a concern that should not be overlooked.
- Profit.ly does not accept refunds as the premium customers are expected to immediately 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 were able to come up with the answer, it’s a ‘yes’. However, you must realize that it shouldn’t be treated as a quick-fix scheme to make money. It wasn’t designed to be used in this way. Instead, it is best to keep the ability to think with an open heart. How Much Is Timothy Sykes Training
What we mean”yes” is it can be a great learning tool. Those who may be stuck may discover Profit.ly’s array of resources helpful in their efforts to reduce losses and be more successful than before. It’s not just the struggling traders who will profit from the platform. It can accommodate beginners and even experts in the field!
If you truly desire to be better at trading and wish to learn from your peers and experts along the way, then you should look no further than Profit.ly. Profit.ly may be a great alternative to start.
FAQ How Much Is Timothy Sykes Training
How can you make use of Profit.ly to make your trades public?
Profit.ly has a trade entry portion in the “My Trade’ category of the dashboard that lets you record your trades, either verified or not. You may choose between three choices:
- Linking your account with your broker of choice and import transactions directly through there
- Manually entering your trades into specified spaces and information.
- Send a screen shot of your transactions
What can I do to determine if the trade is verifiable or not?
If you import your trade from a reputable brokerage, there is the likelihood that it can be verified. This is indicated with the blue check mark. If you post it in a manual way or by taking screenshots, it will automatically be assigned as unverified.
The drawback of posting an unverified trade is the risk of receiving downvotes from fellow peers. A large number of downvotes could result in you appearing at the top of the Madoff leaderboard, where users can see who’s untruthful in submitting trades.
Does the Profit.ly mobile app still in use?
At the time of writing, Profit.ly is still available to download via the App Store for Apple and the Google Play store. The mobile version of the app works with all operating tablets and smartphones.
How many people are using Profit.ly?
Profit.ly currently houses more than 150,000 investors and traders, because they are not just trying to maximize profits but also to help one another learn and improve in acquiring opportunities in the stock market both right and left.
