Stock trading can be an extremely risky game. Some days, you may be reaping the benefits of pleasing and positive numbers. However, on other days you may experience the opposite and it could be extremely difficult to return to where you were your best. If you find yourself constantly stuck in the gutter You will need be aware that relying solely on instinct and survival is not always enough.
If you’ve suffered losses from time to time and you’re likely to require solid advice from seasoned and tested trading experts. Also, you’ll need an important boost from trading partners from all over the world, which is why we’ve identified a platform that can support you in your growth in the industry. In this review, we’ll take an in-depth 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.
Total Rating: 4.1/5 Is The Timothy Sykes Website Real
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 allows traders of different levels to be knowledgeable, transparent, accountable, and to build relationships with each other through its broad range of features and tools including trade verification, chat rooms, and an enriched library of educational material.
How do I define Profit.ly?
Profit.ly is a site for trading that functions as a training and learning platform for those who are just beginning their journey as well as a place for experienced traders to track their performance through the use of cutting-edge analytics tools. Providing users with a wide variety of tools for communication and trade, it helps traders from all walks of life connect with each other. It also allows gurus to make worthwhile investments within the confines of the platform. Think of it as the social media equivalent to 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 style of leaderboards. The trading platform is built on honesty and transparency: it ensures that the transactions are legitimate and will not accept fake news as long as is humanly possible. It was established many years ago by penny stock trade expert and investment expert Timothy Sykes, along with fellow expert Michael Mosseri.
One time , during an interview with Forbes magazine Sykes said that Profit.ly was motivated by its focus “on the transparency of all trades, something that was never prior to.” This idea, he added, served two goals: 1.) making public records for not just the gurus as well as students and newsletter writers, and 2) making it possible for all users to learn from both the wins and losses to the benefit of the trading industry. Is The Timothy Sykes Website Real
How Does It Perform?
Profit.ly follows a subscription-based model that lets stock traders gain access to a multitude of services and features geared at achieving success. You may set up an account at no cost, however you’re only given access to the leaderboard and follow the actions of non-gurus. If you’re ready to invest your money to see what stocks the experts are trading in real-time, you will need to sign up to one of Profit.ly’s offerings that we’ll discuss in the near future.
The process of opening an account is simple: Create an account that includes your personal information and expertise, connect to your brokerage account and you have yourself a chance to shoot through high on the leaderboard. Profit.ly’s leaderboard feature, as mentioned previously was designed to offer its users a glimpse of how the community of traders performs as well as its experts. It’s not just a way to demonstrate that you’re worthy to the group of traders, but you are also able to use Profit.ly to buy with a professional with the confidence that you are confident of their knowledge and the veracity of their claims.
If you’re not comfortable with the idea of sharing the details of your broker account then you could decide to share your trades, verified or otherwise, through photographs. Also included in Profit.ly are the vast number of trading classes and the capability to see the stats of a trader’s account and other methods to connect with your gurus via chatrooms in addition to 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 trader who has been famously known for his involvement in the penny-stock market. According to Investopedia Penny stock is a small business’s stock that trades for less than $5 per share. The penny stock market could be viewed as an avenue for small companies to move to a large marketplace as it allows them to access funds from the public. However, don’t get it wrong – it can also be a high-risk game, which Sykes will be able to tell you thanks to his years of expertise.
From his beginnings in his late years in High School, Tim Sykes has, since then, made over $6 million of earnings during his long and successful career as trader. At the age of 25 Sykes was given greater exposure and an even wider impact when he was a part of the reality show “Wall Street Warriors.” He then made use of the show to establish trading rooms as well as penny stock themes and educational content geared toward those who are new to the trading field. He also helped to establish Profit.ly as a place of transparency, and for the community to uplift and compete with each other on the platform.
The Profit.ly Gurus
One of Profit.ly’s amazing features is the vast array of educational tools, trade alerts and other useful stuff offered by the in-house experts of the platform. Gurus are referred to the trading experts who have proven to make significant amounts of profit from their collective years of experience. Is The Timothy Sykes Website Real
At its peak, Profit.ly had housed up to five gurus, each of them a professional in their niche 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, there are only two gurus who remain on the platform: the founder of the penny stock market Tim Sykes and veteran smallcap swing trader Paul Scolardi, also known as Superman. In light of that Let’s look at the packaged offers each guru offers.
From Tim Sykes Tim Sykes
Sykes offers a basic stock trading service that focuses on penny-priced day trading with Tim’s Alerts. At $74.95 monthly, you’ll be able to observe him focus on fundamental catalysts for stocks and utilize them to predict the next possible moves in trading.
A single purchase of Tim’s Alerts will get you access to the chatroom, as well as the mobile app available to iOS as well as Android devices; email, text and push alerts; and a daily stock watchlist.
From Tim Sykes: The Pennystocking Silver Package
Pennystocking Silver is the highest-quality, upgraded version of the Tim’s Alerts package. Priced at $149.95 per month, this is a great option for those who are involved in the penny-stock market. Pennystocking Silver offers all the essential features of earlier plans such as swing trading alerts and unlimited access to an extensive 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 is known under the alias “Superman,” is a swing trading professional with an eye for small-cap monumental stocks and crazy-accurate marketing forecasts. Through the years since the time he started trading, Superman has amassed over $5.5 million in all-time trading earnings. Is The Timothy Sykes Website Real
The Superman Alerts plan is an offering of essential features and trading alerts targeted towards those who might be interested. For just $147 per month, you’ll have access daily premarket stock watchlist and the mobile application, daily market commentary shown in real-time, as well as E-mail and SMS alerts.
From “Superman” Paul Scolardi: Superman Pro
At $247/month, you get additional features and access to the extensive knowledge base of information provided by Superman himself through his Superman Pro package. In addition to the basic features featured in the Alerts plan, Superman Pro gives you daily video lessons, which include the growing collection of the previous ones. Additionally you’ll also have access to premium research reports and an IPO and earnings tracker.
Profit.ly Plans and Costs
If you’re ready to join the online trading community and leave a mark in the field, Profit.ly has the right amount of tools to get you started. The platform offers three membership tiers, each designed for traders at different levels. Let’s look at what the three levels are and what they’ll cost you.
Novice Plan
The package called Novice is Profit.ly’s basic plan that is designed specifically for those who are new to the trading community. As you sign to this plan you’ll be provided with a variety of powerful and vital trading tools, each of which is essential to keep your fingers on what we can describe as a cutthroat process in and of itself.
Some of the features you can do with Profit.ly’s Novice package include the ability to confirm the results of your trades and track profit as well as leading, following and even chatting with other traders; and providing feedback on trades today. You can also get on leaderboards, analyze, sort, and filter your trades and, lastly, view other people’s statistics.
The Novice plan is $29.95 per monthly payment. While it may look attractive just by the price, there is a downside. You can’t create a private profile, thus making your personal information public. If you’re looking to gain an account with this option, be watching for us to introduce to you Profit.ly’s new plan.
The Trader Plan
The Trader package lets you to use the majority of features available in the Novice plan. It is in this plan that you can set up an account that is private for sharing with fellow associate users all the insights and information you have gained from the trading community.
The price is $49.95/month, Profit.ly’s Trader plan will do what the name implies catering to those who desire to develop their trading skills. Although it’s a nice thing, there is one significant aspect that’s not included. Unlike the previous Novice package, you won’t be able view other traders’ statistics that could be a disadvantage for those who are anticipating this level. Is The Timothy Sykes Website Real
Pro Plan
This is by far the most luxurious package Profit.ly offers to experienced traders. It costs $74.95 monthly, with a 22% discount for annual billing This plan offers everything. You get full, no-holds-barred access to all the features from the two prior plans.
In addition, you’ll be able to view other people’s stats as well, you’re also offered the option of creating your own private profile. These two features are in addition to the benefits that you can use to the fullest potential. If you’re looking for an account that will give you with everything you require as an experienced trader, the Pro plan is ideal for you!
Profit.ly’s Other Services
Apart from the training tools and the leaderboards, Profit.ly provides a variety of other services they offer. One of these is its online store, which lets users choose from a wide array of videos created to provide guidance on the ins and outs of trading. Each of the offerings listed on this page of the website is available to be purchased immediately for personal use. Some of these include bestsellers like the “Trading Tickers” series from trading expert Tim Grittani, Timothy Sykes’s library of DVDs and streaming-only content about penny stocking, short stocking, and all other things trading-related, clips and scenes of the Annual Pennystocking Conference, and products from other expert traders.
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Chat rooms integrated into Profit.ly are also part of Profit.ly’s range of features and services. You are probably familiar with the concept of the chat room as you will see it on social and messaging platforms as well as some specialty websites that offer live chat support. However, in Profit.ly, it is seen as a real-time place where gurus and their members can interact and exchange knowledge in real-time. Every guru has their own style when it comes to running their chat room and in dealing with the members there. One of them may be a laid-back person who is less active, while another might be more active and in touch to their pupils. Think of the chat rooms as Profit.ly’s version of the forum, in its essence.
Who is the ideal Trader for Profit.ly?
Profit.ly’s variety of offerings and features are geared towards an array of stock traders, from novices to experienced professionals. Considering the number of offers it offers, the platform surely has something for all.
For instance, newbies will enjoy Profit.ly’s library of learning materials available across the platform. In addition, they will be enriched with weekly videos and chat room advice from the in-house experts as well as their members. They’ll also be able to choose from the items in its online store to carry with them wherever they go. Additionally, they can gain practical experience trading on the platform, but eventually, they will soon learn that trading is a high stakes game that should not be viewed as a joke.
For the traders with decades of experience in the line, we see Profit.ly equally suitable for them as it is for the newcomers. While novice traders may not be as well-equipped with dealing with trading issues however, experienced traders know the way it functions and the plethora of risks associated with it. Ideally, they may use Profit.ly’s range of features to their best advantage to improve their trading abilities. Like beginners, they can learn from the experts and experts , and use those short tips and tricks along the way.
Profit.ly’s “all-inclusive” nature isn’t limited to novices and semi-experienced traders. Experts who have been verified can also participate in the excitement! People in the trade industry who are at similar levels to Superman as well as Tim Sykes can also use up Profit.ly’s capabilities to showcase their skill to others as a way to help navigate them through the ever-changing trading process. Is The Timothy Sykes Website Real
Profit.ly’s Pros and Pros and
The Pros
- Profit.ly’s numerous capabilities as a ‘one-stop’ platform for trading stocks allows it to provide traders everywhere with a wealth of education, communication, and trading tools
- You get to be taught by experts and tips from the internal experts, which include video libraries that teach you how to learn and real-time trading activities
- You’re assured of transparency throughout Profit.ly by using accurate data and fellow traders ready to call you when something goes wrong.
- The leaderboard feature on the platform gives you the chance to establish your reputation as a reliable and authentic trader
- Apart from its core features, Profit.ly also gives its customers additional options to meet their needs, like posting unverifiable trades through images
- Profit.ly’s wide array of subscription levels and guru packages are priced at reasonable prices There is truly something for everyone
The Cons
- Profit.ly’s abundance of products and packages offered might be too much for most of its customers
- As traders may opt to post any kind of trade, there is a possibility that some of them could profit from selecting the best trades in order to improve their ratings – this may be a problem that shouldn’t be simply overlooked
- Profit.ly will not allow refunds because the premium customers are expected to instantly 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 answer to this question, it would be a ‘yes’. But you need to understand that it shouldn’t be treated as a scheme to get rich quick. The platform was not always designed to be used to achieve this goal. Instead, it is best to keep the ability to think with an open heart. Is The Timothy Sykes Website Real
What we mean”yes” is it is a fantastic learning tool. People who are stuck may find Profit.ly’s range of resources helpful in their efforts to incur lesser losses and be more successful than they did before. It’s not just the struggling traders who will benefit from this platform. It will be able to accommodate beginners as well as even experts in the field!
So, if you genuinely desire to be more successful in trading and would like to learn from your mentors and peers on the way, look no further – Profit.ly could be a good alternative to start.
FAQ Is The Timothy Sykes Website Real
How do you use Profit.ly to publish your trades?
Profit.ly has the option of allowing trade entries under the “My Trade section of the dashboard which lets you post your trades, either verified or otherwise. You may choose between three options:
- Linking your account to the brokerage of choice and then importing transactions directly through there
- Manually inputting your trades with provided spaces and specifics
- Take a photo of your trades
How do I know if the trade is verifiable or not?
If you purchase your trade through a reliable brokerage, there’s the chance that it is verifiable. This is indicated with the blue check mark. If you submit it in a manual way or by taking pictures, it will be classified as unverified.
The drawback of posting an unauthenticated trade is the chance of receiving negative feedback from friends and colleagues. If you receive too many negative votes, it could cause you to be listed in the Madoff leaderboard, which is where the public are able to identify who is fraudulent in posting trades.
Are the Profit.ly mobile app still available?
As of this writing, Profit.ly is still available to download via the Apple App Store as well as on the Google Play store. The mobile app version is compatible with the majority of operating tablets and smartphones.
How many people are currently using Profit.ly?
Profit.ly currently houses over 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 left and right.
