Stock trading can be a high-stakes game. On some days, you may have the benefit of positive and satisfactory numbers. However, on other days, the opposite may happen and it can be very difficult to return to the point you were at your best. If you’re constantly stuck in the gutter it is important to realize that relying on instinct and survival is not always enough.
If you’ve been incurring loss from time to time and you’re likely to require solid advice from seasoned and tested trading experts. Additionally, you’ll require an important boost from trading partners from all over the globe. That’s why we’ve found a platform that can support you in your growth within the field. This review will be taking a look at Profit.ly, a well-recognized 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.
Overall Rating: 4.1/5 How To Get My Money Back From Timothy Sykes 6500
The User’s Experience 4.5/5
Profit.ly can be described as an online platform for trading that enables traders of various levels to be informed and accountable, as well as transparent and encouraging one another through its wide array of tools and features such as trade verification, chat rooms, and an enriched library of educational material.
How do I define Profit.ly?
Profit.ly is a site for trading which serves as a learning and training platform for traders who are starting out as well as a place for traders with experience to keep track of their performance using the aid 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 one another. It also allows gurus to make worthwhile investments within the confines of the platform. Consider it the social media equivalent the likes of Facebook and Reddit, but for experts and traders.
Profit.ly independently validates trade performance and publishes all data from them in the style of leaderboards. The trading platform is built on transparency and honesty: it ensures that the trades are valid and won’t tolerate inauthenticity as much as it is possible. It was founded in the past by penny stock trade expert and investment guru Timothy Sykes, along with his colleague Michael Mosseri.
One time , during an interview for Forbes publication, Sykes declared that Profit.ly was driven by its focus “on the transparency of all trades, something that has never been previously done.” The idea was, he said, serving two objectives: one) creating public track records for all traders, not just the gurus and newsletter authors and students, and 2) allowing everyone on the platform to gain insight into the losses and wins to benefit the industry of trading. How To Get My Money Back From Timothy Sykes 6500
How Does It Work?
Profit.ly follows a subscription-based model which allows stock traders to benefit from a variety of tools and services that are geared toward the success of their business. It is possible to create an account for free, but you’re only given the capability to browse the leaderboard and observe the actions of non-gurus. If you’re looking to invest your money and see which stocks the gurus are trading in real time it is necessary to sign up to one of Profit.ly’s deals that we’ll go over shortly.
The process of opening an account is easy: create an account that includes your personal information and expertise, connect to your brokerage account and you have yourself the chance to climb through at the very top of the list. Profit.ly’s leaderboard feature, as mentioned previously it is designed to provide its users a look at how the community of traders performs as well as its experts. It’s not just a way to prove that you’re worthy to the group of traders, as you can also use Profit.ly to shop with a guru, and have the confidence that you are confident in their skills and the legitimacy of their claims.
If you’re not comfortable with the idea of divulging the details of your broker account you may opt to post your trades, either verified or otherwise, through screenshots. Also included in Profit.ly are the vast number of courses in trading as well as the ability to look at statistics on a person’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 Tim Sykes, the founder: Tim Sykes
Timothy Sykes is a well-renowned day trading guru who is well-known for delving his hands into trades in penny stocks. According to Investopedia Penny stock refers to a small company’s stock which trades at less than $5 per share. The penny stock market could be viewed as a stepping stone for small-scale businesses to make the transition to a large marketplace as they can access capital from the public. But don’t be mistaken – it can also be an extremely risky game, as Sykes can surely tell through his many years of expertise.
From his beginnings in his late years in high school, Tim Sykes has, since then, earned more than $6 million in profits during his long and successful career as trading professional. At the age of 25, he had been given greater exposure and an even wider influence over time when he became part of the reality series “Wall Street Warriors.” He then used the opportunity to develop trading rooms as well as penny stock themes and educational material aimed at people who are brand new to trading. He also helped establish Profit.ly as a place of openness, and for the community to uplift and compete with each other through the platform.
The Profit.ly Gurus
One of Profit.ly’s sweet inclusions is the variety of learning resources, trade alerts, and other useful stuff offered by the platform’s in-house gurus. The gurus in question refer to experts in the field of trading who have proven to make substantial amounts of money from their collective years of expertise. How To Get My Money Back From Timothy Sykes 6500
At its height, Profit.ly had housed up to five gurus, each of them a pro 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 others. As of this writing, however, 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. In light of that, let’s take a look at the packaged offers each guru has to offer.
From Tim Sykes Tim Sykes: Tim’s Alerts
Sykes offers a basic stock trading service which focuses on penny-priced day trading with Tim’s Alerts. Costing $74.95 monthly, you’ll see him focus on the fundamental stock catalysts and use them to predict the next move that is possible when making trades.
A purchase on its own from Tim’s Alerts will get you access to the chatroom, as well as the mobile app available for iOS as well as Android devices, as well as email, text, and push alerts; and a daily stock watchlist.
from Tim Sykes: The Pennystocking Silver Package
Pennystocking Silver is the most premium version that has been upgraded of the Tim’s Alerts program. It costs $149.95 for a month it is a great option for investors who are invested in investing in penny stocks. Pennystocking Silver includes all the basic features of earlier plans which includes alerts for swing trading and access to a 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 alias “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 total trading earnings. How To Get My Money Back From Timothy Sykes 6500
The Superman Alerts plan is his offering of essential features and trading alerts geared towards those who might be interested. For $147 per month, you’ll gain access daily premarket stock watchlist along with the mobile app, daily market updates in real-time, and SMS and e-mail alerts.
From “Superman” Paul Scolardi: Superman Pro
For $247 per month, you can enjoy additional features and access to the extensive knowledge base of information provided by Superman himself through the Superman Pro package. On top of the essentials that are included in the Alerts plan, Superman Pro gives you weekly video lessonsthat include an ever-growing library of previous lessons. In addition, you’ll also get an access to high-quality research papers as well as an 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 industry, Profit.ly has the right amount of resources to help you started. The platform has three membership tiers that cater to traders of different levels. Let’s look at what the three are and how much they’ll cost you.
The package called Novice is Profit.ly’s beginning-of-the-line plan specifically for those who are just beginning their journey to the trading community. When you sign up for this package, you will be immediately offered a range of strong and essential trading tools, all of them integral in keeping your hands on what we could call a ruthless process by itself.
The list of features you can accomplish with Profit.ly’s Novice package include the capability to check the results of your trades and track profit; leading, following, and even messaging other traders; and leaving feedback on today’s trades. You’re also allowed to get on leaderboards, analyze the results of your analysis, sort, or filter the trades you make and lastly, look at other’s stats.
The Novice plan costs $29.95 per month. While it may look attractive for the price alone but there’s a disadvantage. You can’t create a private account, making your activities publicly available. If you’re interested in get access to this feature, you should 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 package. In this plan, that you can set up an account that is private for sharing with fellow associate users all your knowledge and knowledge you gain from the trading community.
Priced at $49.95/month, Profit.ly’s Trader plan is exactly what it says caters for those looking to harness their trading skills. While it’s nice however, there’s a crucial feature that is missing. In contrast to the Novice package, this one won’t be able to see other traders’ statistics, which could be a disadvantage for those who are anticipating this level. How To Get My Money Back From Timothy Sykes 6500
The Pro plan is the most luxurious package Profit.ly could offer for seasoned traders. At $74.95 per month, and an additional 22% discount for annual billing the Pro plan has everything. You get full, no-holds-barred access to all the features of the previous plans.
In addition, you’ll be able to view other people’s stats as well, you’re also offered the option of creating an individual profile. Both of these features, plus the other 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
In addition to the tools for training and leaderboards, Profit.ly provides a variety of more services it has to offer. One of these is its online store, which lets users pick from a range of video products that are designed to educate and provide guidance on the ins and outs of trading. All of the products featured on this page of the website can be bought immediately for your personal use. These include best-selling products such as”Trading Tickers,” the “Trading Tickers” series from trading expert Tim Grittani, Timothy Sykes’s collection of DVDs and streaming-only content about penny stocking, short 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 included in Profit.ly’s range of features and services. You’re probably familiar with the concept of the chat room as you can see it across social and messaging platforms as well as some specialty websites that offer live chat support. However, in Profit.ly the chat room is viewed as a hands-on place where gurus and their members trade and learn in real time. Each guru has their style in operating their chat room and dealing with the members. Some may be laid back and not very often active, while another may be more interactive and online with their students. Consider chat rooms like Profit.ly’s version of the forum, in the essence.
Who is the Ideal trader to Profit.ly?
Profit.ly’s diverse range of products and features cater to the wide range of stock trader types, from novices to experienced professionals. With the variety of deals it has to offer it is certain to have something for everyone.
Beginners, for instance, can take advantage of Profit.ly’s knowledge-based content offered throughout the platform. Not only will they be enriched with weekly videos and chat room tips from the in-house experts and members. Additionally, they can pick from the merchandise available in its online store to carry with them wherever they may go. They can also gain hands-on experiences from trading within the platform, but eventually, they will soon learn that trading is a risky game that shouldn’t be treated as an opportunity to make fun of.
For traders who have years of exposure down the line, we believe Profit.ly equally suitable to those who are just starting. Although the novices might not be as proficient in managing trading, the pros already understand how it works and the plethora of risks that come with it. It is ideal to utilize Profit.ly’s variety of options to their maximum advantage to develop their trading abilities. Like novices, they can study from the gurus as well as experts, and take advantage of simple tips and hints to help them along.
Profit.ly’s “all-in” approach doesn’t just apply to newbies and semi-experienced traders. Verified experts can also join in the fun! People in the trade industry who are on similar levels to Superman or Tim Sykes can also use the power of Profit.ly’s capabilities to display their expertise to other traders as a way to guide them through the ever-illustrious trading process. How To Get My Money Back From Timothy Sykes 6500
Profit.ly’s Pros and Cons
- Profit.ly’s diverse capabilities as a “one-stop” stock trading platform allows traders from all over the world with an abundance of knowledge, communication, and trading tools
- You’ll be provided with excellent lessons and tips from the in-house gurus, including libraries of educational videos and real-time trading activities
- You’re guaranteed transparency throughout Profit.ly by using accurate data as well as other traders that are waiting to reach you out whenever something happens
- The platform’s leaderboard feature 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 unauthentic trades via photographs
- Profit.ly’s wide array of packages and subscription levels are priced at reasonable prices There is truly something for everyone
- Profit.ly’s abundance of packages and products offered may be too much for a lot of its users
- As traders may opt to open any kind of trade, there’s a possibility that some of them may take advantage by picking the most profitable trades to boost their rating – this may be a risk that shouldn’t be ignored.
- Profit.ly does not accept refunds, as the premium customers are expected to instantly benefit from the many services the platform has to provide
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The Final Verdict The Final Verdict: Is Profit.ly Worth It?
If we could come up with an appropriate answer for this query, it’s a ‘yes’. However, you must realize that it shouldn’t be treated as a get-rich-quick scheme. The platform was not always intended to be created for this reason. Instead, you should have an open mind. How To Get My Money Back From Timothy Sykes 6500
What we do mean”yes” is that it could be a useful learning tool. People who are stuck might be able to find Profit.ly’s range of resources to be helpful as they do their best to reduce loss and perform better than before. It’s not just the poor traders that can profit from the platform. It can accommodate beginners and even experts!
If you truly want to become better at trading and wish to learn from your peers and experts along the way, then look no further – Profit.ly may be a great choice to start.
FAQ How To Get My Money Back From Timothy Sykes 6500
How can you make use of Profit.ly to post your trades?
Profit.ly has the option of allowing trade entries within the My Trade section of the dashboard. It lets you post your trades that are verified or otherwise. There are three choices:
- Linking your account to the broker of choice and import transactions directly through there
- Manually entering your trades using provided spaces and specifics
- Send a screen shot of your transactions
How do I know if the trade is verifiable or not?
If you import your trade from a trusted brokerage, there’s an excellent probability that it’s verifiable. This is indicated with the blue check mark. If you submit the information manually or via pictures, it will be assigned as unverified.
The disadvantage of an unverified trade is the possibility of getting downvotes from your fellow peers. Too many downvotes may cause you to be listed in the Madoff leaderboard, which is where the public can see who’s fraudulent in posting trades.
Does the Profit.ly mobile app still in use?
As of the moment, Profit.ly is still available for download on the Apple App Store as well as on the Google Play store. The mobile app version is compatible with most operating tablets and smartphones.
How many are connected to Profit.ly?
Profit.ly currently houses more than 150,000 investors and traders, since they’re not just seeking to make the most profit but also help each other learn and improve in acquiring stock market opportunities left and right.