Stock trading can be an extremely risky game. On certain days, you could enjoy the benefits of positive and satisfactory numbers. On other days it could be the reverse and it can be very difficult to return to where you were at your most productive. If you find yourself always in the mud You will need to recognize that relying on your instincts and preserving may not always be enough.
If you’ve suffered losses from time to time and you’re likely to require solid advice from seasoned and tested trading experts. Additionally, you’ll require an enormous boost from your fellow traders from around the world, which is why we’ve discovered an option that can help you in your growth in the market. 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 Money Do You Really Need To Buy Timothy Sykes Program
Value: 4.1/5
Quality: 4.1/5
Costs: 4.1/5
User Experience: 4.5/5
Summary
Profit.ly offers an internet-based trading service that permits traders of various levels to be informed responsible, transparent, and uplifting with each other through its broad array of tools and features such as trade verification, chat rooms, and an enriched library of educational content.
What is Profit.ly?
Profit.ly is a trading site that functions as a training and learning platform for people new to trading as well as a place for traders who are experienced to monitor their performance through the use of sophisticated analytics tools. Offering users a broad array of options for communication and trade and letting traders from all walks of life connect with each other. It also allows gurus to make an opportunity to invest in the right areas that the site. Imagine it as the social media equivalent like Facebook and Reddit however it is geared towards experts and traders.
Profit.ly independently validates trade performance and posts all the data of them in the manner of leaderboards. The trading platform is built on transparency and honesty: it makes sure that trades are valid and won’t allow for fraud as much as it is possible. It was created in the past by penny expert in stock trading and investment expert Timothy Sykes, along with the other expert Michael Mosseri.
One time during his interview with Forbes publication, Sykes said that Profit.ly was based “on the transparency of all trades, something that has never been prior to.” The concept Sykes said served two goals: 1.) creating public track records for all traders, not just the gurus, but also the newsletter authors and students as well as) allowing anyone on the platform to learn from both the wins and losses to the benefit of the trading industry. How Much Money Do You Really Need To Buy Timothy Sykes Program
How Does It How Does It
Profit.ly utilizes a subscription model that lets stock traders have access to a range of services and features geared toward success. You can create an account on the site for free, but you’re only limited to having the capability to browse the leaderboard and follow the actions of non-gurus. If you’re interested in investing your money to see what stocks the experts are trading in real time, you will need to join one of Profit.ly’s offers that we’ll go over shortly.
The process of opening an account is easy: create a profile with your experiences and skills, join to your brokerage account, and you’ll have an opportunity to make your way to high on the leaderboard. Profit.ly’s Leaderboard function, which was previously mentioned, is designed to give its users a look at the performance of the trading community and its experts. It’s not only a chance to demonstrate value to a group 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 legitimacy of their claims.
If you’re not comfortable with the concept of leaking the details of your broker account you can decide to share your trades, either verified or not, by taking photographs. Also included in Profit.ly is the huge selection of trading classes, the ability to view statistics on a person’s profile and other methods to interact with your experts via chatrooms in addition to 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 trader who is well-known for his involvement in penny stock trading. According to Investopedia the term “penny stock” is a small business’s shares that trade for just less than 5 cents per share. The trading of penny stocks is an opportunity for small-scale businesses to make the transition to a market that is larger as they can access capital from the 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 his late years in High School, Tim Sykes has, since then, made an estimated $6 million earnings through his lengthy career as trading professional. When he was 25 years old, he had been given greater exposure and an even wider influence over time when he became part of the reality show “Wall Street Warriors.” Then, he made use of the show to create trading rooms and penny stock themes as well as educational content targeted at people who are brand new to the trading field. He also played a role in establishing Profit.ly as a platform for transparency and for the community to lift each other up and compete through the platform.
The Profit.ly Gurus
One of Profit.ly’s most appealing features is the variety of learning 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 from their combined years of knowledge. How Much Money Do You Really Need To Buy Timothy Sykes Program
At its height, Profit.ly had housed up to five gurus, all of them an expert in their field of expertise in the trading industry. Some of the most prominent experts were Connor Bruggermann, Nathan Michaud of Investors Underground, and Triforce among others. At the time of writing, 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 look at the packages each guru has to offer.
From Tim Sykes: Tim’s Alerts
Sykes offers a basic stock trading service which focuses on penny-priced day trading with Tim’s Alerts. The cost is $74.95 per month, you’ll be able to be able to see him concentrate on the fundamental catalysts for stocks and utilize them to forecast the next possible moves in making trades.
A standalone purchase from Tim’s Alerts will get you access to the chatroom and the mobile application that is available on iOS as well as 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 most premium version, with an upgraded version of Tim’s Alerts package. At $149.95 monthly, this is an ideal plan for those who are more involved in the penny-stock market. Pennystocking Silver offers all the essential features of earlier plans such as 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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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 both tiny-cap massive stocks as well as wildly accurate marketing forecasts. Through the years since the time he started trading, Superman has amassed over $5.5 million in all-time trading earnings. How Much Money Do You Really Need To Buy Timothy Sykes Program
The Superman Alerts package is his offer of the most essential features and alerts on trading geared towards those who might be interested. For $147 per month, you’ll gain an access to the day-to-day premarket stock watchlist and the mobile app, the daily market commentary in real-time, as well as email and SMS alerts.
In “Superman” Paul Scolardi: Superman Pro
At $247/month, you get additional features, as well as access to an extensive base of knowledge provided by Superman himself via Superman Pro. Superman Pro package. Alongside the standard features featured in the Alerts plan, Superman Pro gives you weekly video lessons, including an ever-growing library of previous lessons. On top of that, you’ll also get the ability to access premium reports on research as well as the IPO and earnings tracker.
Profit.ly plans and costs
If you’re eager to join the online trading community and leave your mark on the industry, Profit.ly has the right amount of resources to get you going. The platform offers three membership tiers, each designed for traders of different levels. Let’s look at what the three are and how much they’ll cost you.
Novice Plan
The Novice package is Profit.ly’s beginning-of-the-line plan specifically for those who are new to the trading community. When you sign up for this package, you will be immediately given a slew of robust and vital trading tools, all one of them essential in keeping your fingers on what 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 as well as leading, following, and even messaging your fellow traders, as well as giving feedback on the trades of today. You’re also allowed to get on leaderboards; analyze your trades, sort as well as filter trades and, lastly, view other’s stats.
The Novice plan will cost $29.95 per monthly payment. While it may look attractive for the price alone however, there’s a drawback. It isn’t possible to create a private profile, which makes your activities publicly available. If you do want to have the benefit of this service, keep an eye on us as we present to you Profit.ly’s new plan.
The Trader Plan
The Trader package allows you to use many of the features of The Novice package. It is in this plan that you can set up an account that is private to share with fellow associate users all the insights and knowledge you gain 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 aspect that’s not included. In contrast to the Novice package, you won’t be able to view other traders’ stats that could be a disadvantage for those eager to try this new tier. How Much Money Do You Really Need To Buy Timothy Sykes Program
Pro Plan
This is by far the most luxurious package Profit.ly offers to experienced traders. It costs $74.95 monthly, and 22% off for annual billing, this tier has everything. You get full, no-holds-barred access to all the features from the two previous plans.
In addition, you’ll be able to look at other people’s statistics, but you’re also given the opportunity to create a private profile. Both of these options, plus the other advantages that you can utilize 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 ideal 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 provide. One of them is the online store, which lets users pick from a range of videos created to help you understand the ins and outs of trading. Each of the offerings listed in this section of the website is available to be immediately purchased for personal use. Among these products include best-sellers like the “Trading Tickers” series from trading 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 scenes taken from the Annual Pennystocking Conference, and items from other experts in trading.
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The chat rooms that are integrated are as well part of Profit.ly’s variety of features and services. You’re probably familiar with the concept of the chat room as you will see it on messaging and social platforms, and also on a few specialty websites that offer live chat support. But in Profit.ly, it is seen as a real-time area where experts and member traders can communicate and learn in real time. Every guru has their own style in operating their chat room and in dealing with the members. Some may be laid back and rarely active, while another may be more interactive and online with their students. Consider chat rooms 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, ranging from novices to experienced professionals. Considering the number of offers it offers it is certain to have something for all.
Newbies, for instance, will enjoy Profit.ly’s library of learning materials available across the platform. In addition, they will get daily videos and chat room tips from its in-house gurus as well as their members. They’ll also be able pick from the merchandise available in its online store for them to take wherever they may go. You can also get hands-on experience trading on the platform, but eventually they’ll be able to realize that trading is a risky game that shouldn’t be taken as an opportunity to make fun of.
For the traders with many years of experience down the line, we believe Profit.ly as equally as suitable to the newcomers. While novice traders may not be as well-equipped with handling trading matters, the pros already understand the way it functions and the plethora of risks associated with it. It is ideal to use Profit.ly’s variety of options to their maximum advantage to improve their trading abilities. As beginners, they are able to study from the gurus and experts and utilize those short tips and tricks along the way.
Profit.ly’s “all-inclusive” nature does not only apply to beginners or semi-experienced trader. Experts who have been verified can also participate in the excitement! Trade professionals who are on similar levels to Superman and Tim Sykes can also use up Profit.ly’s abilities to show off their skills to others as a way to help navigate them through the ever-changing trading process. How Much Money Do You Really Need To Buy Timothy Sykes Program
Profit.ly’s Pros and Cons
The Pros
- Profit.ly’s diverse capabilities as a ‘one-stop’ stock trading platform enable it to provide traders everywhere with tons of learning communications, trading, and communication tools
- You get to be taught by experts and advice from the company’s internal experts, which include libraries of educational videos and trading in real-time.
- You can be sure of complete transparency through Profit.ly with precise analytics and fellow traders that are waiting to reach you when something goes wrong.
- The leaderboard feature on the platform gives you a way to build your credibility as a trustworthy and dependable trader
- In addition to its primary features, Profit.ly also gives its customers additional options to meet their needs, like posting unverifiable trades through photographs
- Profit.ly’s wide array of subscription plans and guru packages are priced at affordable rates – there truly is something for all
The Cons
- Profit.ly’s bountiful stream of packages and products offered may be too much for most of its users
- Since traders can choose to make any type of trade, there is a possibility that some of them could profit from cherry-picking the best trades to boost their rating this could be a concern that should not be simply 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 Verdict is: Is Profit.ly Valued?
If we could come up with the answer, it’s yes. But you need to understand that the platform should not be used as a scheme to get rich quick. It wasn’t meant to be designed for this reason. Instead, you should have an open mind. How Much Money Do You Really Need To Buy Timothy Sykes Program
What we do mean”yes” is it could be a useful learning tool. People who are stuck could find Profit.ly’s range of resources to be helpful in their efforts to avoid losses and be more successful than they did 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 care about being a better trader and want to be taught by your fellows and gurus along the way, then you should look no further than Profit.ly. Profit.ly is a fantastic option to begin.
FAQ How Much Money Do You Really Need To Buy Timothy Sykes Program
How can you make use of Profit.ly to publish your trades?
Profit.ly includes the option of allowing trade entries under the “My Trade’ category of the dashboard that lets you post your trades, verifiable or otherwise. You may choose between three choices:
- Linking your account to the broker of choice and import transactions directly through there
- Manually inputting your trades with provided spaces and specifics
- Send a screen shot of your trades
How do I know whether the trade is authentic or not?
If you import your trade from a trusted brokerage, there is an excellent probability that it’s verifiable. This is shown by the small blue check. If you upload the information manually or via screenshots, it will automatically be assigned as unverified.
The drawback of posting an unverified trade is the chance of receiving downvotes from colleagues. If you receive too many negative votes, it could cause you to show up on the Madoff leaderboard, where people can see who’s fraudulent in posting trades.
Is the Profit.ly mobile application still available?
As of the moment, 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 working smartphones and tablets.
How many people are currently using Profit.ly?
Profit.ly currently houses over 150,000 traders and investors, because they are not just trying to maximize profits but also assist each other to learn and improve in acquiring opportunities in the stock market left and right.
