The stock market can be an extremely risky game. Some days, you could enjoy the benefits of pleasing and positive numbers. On other days, the opposite may happen, and it may sometimes be very difficult to return to where you were your best. 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 experienced loss from time to time and you’re likely to require reliable advice from tested and tried trading experts. You’re also gonna need an enormous boost from your fellow traders from around the globe, which is why we’ve identified a platform that can support you in your growth within the field. In this review, we’ll take the time to look at Profit.ly is a well-known 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. To get a comprehensive overview of Profit.ly, you may still want to check out our article below.
Overall Rating: 4.1/5 Is It Worth It To Pay Timothy Sykes Subscription
Value: 4.1/5
Quality: 4.1/5
Costs: 4.1/5
Users Experience 4.5/5
Summary
Profit.ly can be described as an online platform for trading that permits traders of all levels to be knowledgeable, transparent, accountable, and to build relationships with each other through its broad variety of tools and features such as trade verification, chat rooms as well as an extensive library of educational material.
How do I define Profit.ly?
Profit.ly is a trading site that functions as a learning and education platform for those who are just beginning their journey as well as a place for traders with experience to keep track of their performance through the use of advanced analytics tools. Offering users a broad array of options for communication and trade, it helps traders from every field of business connect with each other. It offers gurus with worthwhile investments within the confines of this platform. Think of it as a social media site akin the likes of Facebook and Reddit however it is geared towards professionals and traders.
Profit.ly independently verifies trade performances and publishes all data from them in the form of leaderboards. The platform’s trading model is based on honesty and transparency: it ensures that the trades are valid and won’t tolerate inauthenticity as much as it is possible. It was founded many years ago by penny stock trade expert and investment expert Timothy Sykes, along with the other expert Michael Mosseri.
In an interview for Forbes magazine Sykes declared that Profit.ly was motivated by its focus “on showing every trade, something that has never been prior to.” The idea Sykes said served two goals: 1.) creating public track records for not just the gurus and newsletter authors and students, and 2) making it possible for everyone on the platform to gain insight into the losses and wins for the trading industry’s benefit. Is It Worth It To Pay Timothy Sykes Subscription
How Does It Work?
Profit.ly follows a subscription-based model that lets stock traders gain access to a multitude of tools and services that are geared towards achieving success. You may set up an account there at no cost, however you’re limited to the ability to navigate through the leaderboard and observe the activities of people who aren’t gurus. If you’re ready 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 offers, which we will go over shortly.
The process of opening an account is easy: create an account that includes your personal information and expertise, connect your brokerage account, and you’ll have an opportunity to make your way to at the very top of the list. Profit.ly’s Leaderboard function, which was we’ve mentioned earlier was designed to offer its users a glimpse of their performance as a trading group and its experts. It’s not only a chance to demonstrate that you’re worthy to the large group of traders, but you can also utilize Profit.ly to buy with a professional with the assurance that you’re confident in their skills and the veracity of their claims.
If you feel uneasy with the concept of leaking your brokerage account, you may choose to publish your trades, verified or otherwise, through photographs. In Profit.ly are the vast number of trading classes, the ability to view the stats of a trader’s account as well as other ways to connect with your gurus via chatrooms in addition to text and e-mail alerts and updates.
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Meet the Founder: Tim Sykes
Timothy Sykes is a well-renowned day trading personality who is well-known for his involvement in the penny-stock market. According to Investopedia the term “penny stock” refers to a small company’s shares that trade for less than $5 per share. The penny stock market can be seen as an avenue for small companies to move to a large marketplace as it gives them access to capital from the public. However, don’t get it wrong – it’s also an extremely risky activity, as Sykes can surely tell through his many years of experience.
Since his initial beginnings in his late years in High School, Tim Sykes has, since then, earned more than $6 million in earnings throughout his illustrious career as a trader. When he was 25 years old Tim Sykes had received greater exposure and a larger influence over time when he became part of the reality TV show “Wall Street Warriors.” He then used the opportunity to establish trading rooms, 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 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 vast array 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 experts in the field of trading who have proven to make substantial profits from their combined years of experience. Is It Worth It To Pay Timothy Sykes Subscription
At its height, Profit.ly had housed up to five gurus, each of them a pro within their particular field in the trading industry. Some of the most famous gurus included Connor Bruggermann, Nathan Michaud of Investors Underground, and Triforce as well as a handful of others. As of this writing, however, only two gurus remain on this platform: the founder and penny stock trader Tim Sykes and veteran smallcap swing trader Paul Scolardi, also known as Superman. In light of that we’ll take a look at the packages each guru can offer.
From Tim Sykes Tim Sykes: Tim’s Alerts
Sykes provides a basic stock trading service that focuses on penny stock day trading through Tim’s Alerts. Costing $74.95 monthly, you’ll see him focus on the basic stock catalysts and employ them to forecast the next move that is possible when making trades.
A standalone purchase in Tim’s Alerts will get you access to the chatroom, as well as the mobile application that is available for iOS and Android devices; email, text, and push alerts; as well as a daily watchlist of stocks.
Tim Sykes: From Tim Sykes: The Pennystocking Silver Package
Pennystocking Silver is the premium version that has been upgraded of the Tim’s Alerts program. Priced at $149.95 for a month it is an ideal plan for investors who are committed to 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 library of more than 7,000 instructional videos that are updated every week.
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The following video is from “Superman” Paul Scolardi: Superman Alerts
Scolardi, who goes by the alias “Superman,” is a professional in swing trading with an eye for small-cap monumental stocks and crazy-accurate marketing forecasts. Through the years since he began as a trader, Superman has amassed over $5.5 million in trading earnings. Is It Worth It To Pay Timothy Sykes Subscription
The Superman Alerts plan is his offer of the most essential features and alerts on trading geared towards those who might be interested. For just $147 per month, you’ll have access to the daily stock watchlist that is premarket and the mobile app, the daily market updates in real time, and E-mail and SMS alerts.
From “Superman” Paul Scolardi: Superman Pro
For the price of $247, you receive additional features and access to the extensive knowledge base provided by Superman himself, via his Superman Pro package. On top of the essentials featured in the Alerts package, Superman Pro gives you weekly video lessons, including a growing library of all previous lessons. Additionally, you’ll also get access to premium research reports and an IPO or earnings monitor.
Profit.ly Plans and Costs
If you’re looking to join the online trading community and leave a mark in the industry, Profit.ly has the right amount of resources to get you up and running. Profit.ly offers three membership tiers that are designed to accommodate traders with different levels. Let’s look at what the 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 people who are brand new to the world of trading. Once you have signed up for this package, you will be immediately given a slew of robust and vital trading tools, each of them integral in keeping your fingers on what we can describe as a cutthroat procedure in its own.
Among the list of things you can do with Profit.ly’s Novice package is the ability to confirm trades and track profits and follow-up, leading and even chatting with your fellow traders, as well as leaving feedback on today’s trades. You can also get onto leaderboards; study, sort, as well as filter trades and lastly, look at other’s stats.
The Novice plan is $29.95 per month. Although it might look appealing for the price alone however, there’s a drawback. You can’t create a private profile, thus making your personal information public. If you do want to gain access to this feature, be watching for us to introduce to you Profit.ly’s next plan.
Trader Plan
The Trader package allows you to take advantage of the majority of features available in the Novice plan. It is in this plan that you can set up an individual profile that allows you to share with other associate users all your knowledge and information you have gained from the trading community.
Priced at $49.95/month, Profit.ly’s Trader plan will do what the name implies: Cater to those who desire to develop their expertise in trading. Although it’s a nice thing, there is one significant element that’s missing. As opposed to the prior Novice package, this one won’t be able to view other traders’ statistics, which could be a disadvantage for some who may be looking forward to this tier. Is It Worth It To Pay Timothy Sykes Subscription
Pro Plan
The Professional plan can be described as the highest premium package that Profit.ly can offer to experienced traders. With $74.95 per month, which includes a 22% discount when billed annually This plan offers it all. You get full, no-holds-barred access to all the options of the previous plans.
You’re not only able to see other users’ stats, but you’re also given the option of creating your own private profile. Both of these options, plus the other benefits that you can use to the maximum extent. If you’re in search of a plan that can serve all the features you need to be trader with experience, the Pro tier could be the right choice for you!
Profit.ly’s Other Services
Apart from the training tools and the Leaderboards Profit.ly has a few other services they provide. One of those is its online store, which lets users select from a variety of video products created to help you understand the ins and outs of trading. All of the products featured on this page of the website is available to be immediately purchased for personal use. These include best-selling products like the “Trading Tickers” series by trader professional Tim Grittani, Timothy Sykes’s collection of DVDs, streaming-only content on penny stocking, short stocking, and all other things trading-related, clips and scenes taken from The Annual Pennystocking Conference, and other products by expert traders.
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The integrated chat rooms are also part of Profit.ly’s range of features and services. You may be familiar with the concept of the chat room since you will see it on social and messaging platforms, and also on a few specialty websites that offer live chat support. But on Profit.ly it’s seen as a hands-on area where experts and member traders can communicate and learn in real time. Every guru has their own style when it comes to running their chat room and dealing with the members there. Some may be laid back and rarely active, while another may be more online and communicative with their students. Think of chatrooms as Profit.ly’s version of the forum, in the essence.
Who is the Ideal trader to Profit.ly?
Profit.ly’s wide range of products and features are geared towards the wide range of stock traders, from beginners to experienced pros. Given the wide range of options it can provide, the platform surely has something for everyone.
For instance, newbies will enjoy Profit.ly’s collection of educational content offered throughout the platform. They will also be provided with videos every week and chat room tips by its internal gurus as well as their members. Additionally, they can choose from the items on its store online to carry with them wherever they may go. Additionally, they can gain practical experience trading on the platform, however they’ll realize that the process is a high-stakes game that should not be viewed as an opportunity to make fun of.
For traders who have many years of experience down the line, we believe Profit.ly equally suitable for them as it is for people who are just beginning. While novice traders may not be as well-equipped with dealing with trading issues, the pros already understand the way it functions and the stack full of risks that come with it. Ideally, they may use Profit.ly’s variety of features to their full advantage to develop their trading abilities. Like novices, they can study from the gurus and experts and utilize those short tips and tricks to help them along.
Profit.ly’s “all-in” approach does not only apply to beginners and semi-experienced traders. Experts who have been verified can also participate in the enjoyment! Those in the trading industry who are at the same level as Superman and Tim Sykes can also use Profit.ly’s capabilities. Profit.ly’s capabilities to display their expertise to other traders in order to navigate them through the ever-changing trading process. Is It Worth It To Pay Timothy Sykes Subscription
Profit.ly’s Pros and Pros and
The Pros
- Profit.ly’s numerous capabilities as a “one-stop’ platform for trading stocks allows traders across the globe with an abundance of knowledge communications, trading, and communication tools
- You get to be taught by experts and tips from the in-house gurus, including collections of educational videos as well as live trading activity.
- You’re assured of transparency throughout Profit.ly with precise analytics as well as fellow traders that are waiting to reach you when something goes wrong.
- The leaderboard feature on the platform gives you the opportunity to increase your credibility as a trustworthy and dependable trader
- In addition to its primary features, Profit.ly also gives its customers extra options that can be tailored to their needs, like posting trades that are not authentic by taking screenshots
- Profit.ly’s diverse range of subscription plans and guru packages are priced at a reasonable cost There is truly something for every person
The Cons
- Profit.ly’s bountiful stream of packages and products offered may not be enough for the majority of its users
- If traders decide to open any kind of trade, there’s a possibility that some of them may take advantage by selecting the best trades in order to improve their ratings – this may be a concern that should not be overlooked.
- Profit.ly does not offer refunds as the premium customers are expected to instantly benefit from the many services the platform has to offer
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The Final Concluding Question: Is Profit.ly worth it?
If we could come up with the answer, it’s an affirmative “yes”. But it is important to realize that it shouldn’t be treated as a get-rich-quick scheme. The platform was not always meant to be designed in this way. Instead, it is best to keep the ability to think with an open heart. Is It Worth It To Pay Timothy Sykes Subscription
What we do mean”yes” is that it could be a useful learning tool. People who are stuck may be able to find Profit.ly’s range of resources useful in their efforts to incur lesser losses and perform better than before. It’s not just the poor traders that can benefit from the platform. It will be able to accommodate beginners as well as even experts in the field!
If you really care about being better at trading and wish to be taught by your peers and experts throughout the process, then you should look no further than Profit.ly. Profit.ly may be a great choice to start.
FAQ Is It Worth It To Pay Timothy Sykes Subscription
How do you use Profit.ly to make your trades public?
Profit.ly has an entry section for trades under the ‘My Trade category on the dashboard that lets you record your trades, verifiable or otherwise. You may choose between three choices:
- Connecting your account to your brokerage of choice and importing transactions directly through there
- Manually inputting your trades with specified spaces and information.
- Take a photo of your transactions
What can I do to determine whether the trade can be verified or not?
If you purchase your trade from a reputable brokerage, there is a high probability that it’s verifiable. This is indicated with the blue check mark. If you submit it manually or through images, it will be classified as unverified.
The drawback of posting an unverified trade is the risk of receiving negative feedback from colleagues. A large number of downvotes could cause you to show up in the Madoff leaderboard, where people can detect who’s being untruthful in submitting trades.
Are the Profit.ly mobile app still available?
As of the moment, Profit.ly is still available to download via the Apple App Store and in the Google Play store. The mobile version of the app is compatible with the majority of working smartphones and tablets.
How many people are connected to Profit.ly?
Profit.ly currently houses over 150,000 investors and traders since they’re not just looking to earn maximum profits but also help each other develop and grow in their ability to take advantage of opportunities in the stock market left and right.
