The stock market can be a high-stakes game. On certain days, you may be reaping the benefits of pleasing and positive numbers. However, on other days it could be the reverse, and it may sometimes be extremely difficult to return to the point you were at your most productive. If you are immersed in the water, you will have be aware that relying solely on your instincts and preserving might not be enough.
If you’ve experienced losses from time to time, you’re gonna be needing solid advice from seasoned and tested trading experts. Also, you’ll need an enormous boost from your colleagues in the market from all over the world, which is why we’ve found an option that can help you in your growth within the field. In this review, we’ll take an in-depth look at Profit.ly, a well-recognized single-stop social platform to trade!
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.
Total Rating: 4.1/5 Is Timothy Sykes A Fake
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 allows traders of all levels to be knowledgeable responsible, transparent, and to build relationships with each other through its broad variety of tools and features like trade verification, chat rooms and a rich library of educational material.
What exactly is Profit.ly?
Profit.ly is a trading site that serves both as a training and learning platform for those new to trading as well as a place for experienced traders to track their performance with the help of advanced analytics tools. Providing users with a wide array of options for communication and trade that help traders from all walks of life network with each other. It gives the gurus worthy investments within the boundaries that the site. 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 checks the performance of trades and posts all the data from them in the form of leaderboards. The platform’s trading model is based on trust and transparency. it guarantees that the transactions are legitimate and will not accept fake news as long as possible. It was founded in the past by penny expert in stock trading and investment guru Timothy Sykes, along with the other expert Michael Mosseri.
In an interview for Forbes magazine Sykes said that Profit.ly was based “on the transparency of the entire spectrum of trades, something which was never previously done.” The concept was, he said, serving two purposes: 1) keeping track of public data for all traders, not just the gurus, but also the students and newsletter writers and secondly) giving everyone on the platform to gain insight into both the wins and losses to benefit the industry of trading. Is Timothy Sykes A Fake
How Does It How Does It
Profit.ly utilizes a subscription model that allows stock traders to gain access to a multitude of features and services aimed 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 actions of non-gurus. If you’re looking to invest your money in order to find out which stocks the gurus are trading in real time You’ll need to sign up to one of Profit.ly’s offers, which we will review in the coming days.
Making an account simple: Create an account that includes your personal information and knowledge, then connect to your brokerage account, and you’ll have an opportunity to make your way up to at the very top of the list. Profit.ly’s leaderboard feature, as previously mentioned it is designed to provide its users a glimpse of their performance as a trading group as well as its experts. It’s not only a chance to demonstrate that you’re worthy to the group of traders, but you can also utilize Profit.ly to purchase from a guru with the confidence that you are confident of their knowledge and the credibility of their assertions.
If you feel uneasy with the idea of divulging your brokerage account, then you could decide to share your trades, verified or not, by taking screenshots. Also included in Profit.ly are a variety of trading classes and the capability to see statistics on a person’s profile, and more ways to connect with your gurus in the chatroom, in addition to 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 trader who is well-known for delving his hands into trades in penny stocks. According to Investopedia the term “penny stock” refers to a small company’s stock which trades at less than $5 per share. The trading of penny stocks is an avenue for small-scale businesses to make the transition to a large marketplace as it gives them access to funds from the public. But don’t make the mistake of thinking that it can also be an extremely risky game, as Sykes is sure to reveal through his many years of expertise.
From his beginnings at the end of his time in high school, Tim Sykes has, since then, earned more than $6 million in profit through his lengthy career as a trader. At 25 years old Sykes was given greater exposure and a larger reach of influence as a participant in the reality show “Wall Street Warriors.” He made use of the show to establish trading rooms and penny stock themes as well as educational content targeted at those who are new to the trading field. He also helped establish Profit.ly as a place for transparency, and to allow the community to rise and compete on the platform.
The Profit.ly Gurus
One of Profit.ly’s sweet inclusions is the wide range of education sources, trade alerts and other helpful stuff provided by the company’s internal gurus. Gurus are referred to the trading experts who have proven to make substantial amounts of money from their combined years of expertise. Is Timothy Sykes A Fake
At its peak, Profit.ly had housed up to five gurus, each of them a professional in their field of expertise in the field of trading. Some of the most prominent experts included Connor Bruggermann, Nathan Michaud of Investors Underground, and Triforce, among a few others. At the time of writing only two gurus remain on the platform: 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 with the main priority being penny stock day trading through Tim’s Alerts. The cost is $74.95 for a month you’ll observe him focus on fundamental catalysts for stocks and utilize them to anticipate the next possible moves in making trades.
A standalone purchase from Tim’s Alerts will get you access to the chatroom, as well as the mobile application that is available on iOS as well as Android devices; texts, emails 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, with an upgraded version of Tim’s Alerts program. At $149.95 monthly, this is a great option for those who are involved in investing in penny stocks. Pennystocking Silver comes with all the standard features that were included in prior plans, including alerts for swing trading and access to a rich collection of more than 7,000 educational videos, with new ones released 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 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 all-time trading earnings. Is Timothy Sykes A Fake
The Superman Alerts plan is an package of vital features and alerts on trading geared to those interested. For $147 per month, you’ll gain access daily stock watchlist that is premarket along with the mobile app, the daily market commentary shown in real time, and E-mail and SMS alerts.
The film “Superman” Paul Scolardi: Superman Pro
For the price of $247, you receive additional features, plus access to an extensive base of knowledge provided by Superman himself, via the Superman Pro package. In addition to the basic features that are included in the Alerts plan, Superman Pro gives you daily video lessons, which include an ever-growing library of other previous ones. In addition, you’ll also get access to premium research reports as well as an IPO and earnings tracker.
Profit.ly Plans and Costs
If you’re ready to join the trading community on the internet and leave your mark on the industry, Profit.ly has the right amount of resources to get you started. The platform offers three membership tiers that cater to traders with different levels. Let’s break down what these three are and how much they will cost you.
Novice Plan
The package called Novice is Profit.ly’s beginning-of-the-line plan specifically for those who are new to the world of trading. As you sign up for this package, you will be immediately offered a range of strong and indispensable trading tools, all of them integral in keeping your hands on what we call a competitive procedure in its own.
Some of the features you can do with Profit.ly’s Novice package is the capability to check trades and track profits as well as leading, following, and even messaging your fellow traders; and providing feedback on trades today. It also allows you to be on leaderboards; analyze your trades, sort and filter your trades and lastly, look at other’s stats.
The Novice plan will cost $29.95 per month. Although it looks attractive simply because of the price, there is a downside. You can’t create a private profile, which makes your activities publicly available. If you’re interested in get the benefit of this service, you should stay tuned as we introduce to you Profit.ly’s next plan.
The Trader Plan
The Trader package lets users to benefit from the majority of features available in The Novice package. This plan allows that you are able to create an account that is private to share with fellow associate users all the insights and knowledge you gain from this trading group.
Costing $49.95/month, Profit.ly’s Trader plan does what the name suggests caters people who want to harness their trading skills. As nice as it seems but there’s one important element that’s missing. Unlike the previous Novice package, you won’t be able view other traders’ stats this might be a drawback for some who may be looking forward to this tier. Is Timothy Sykes A Fake
Pro Plan
The Professional plan can be described as the highest expensive plan Profit.ly can offer to experienced traders. At $74.95 monthly, and an additional 22% discount for billing annually the Pro plan has everything. You will have full, unrestricted access to all the options of the prior plans.
Not only do you get to view other people’s stats as well, you’re also offered the option of creating an individual profile. Both of these features, on top of all the advantages that you can utilize to their fullest capacity. If you’re in search of a plan that can serve all the features you need to be an experienced trader, the Pro plan is ideal for you!
Profit.ly’s Other Services
In addition to the trainer tools and Leaderboards Profit.ly offers a number of other services they provide. One of those is its online store, which allows users to choose from a wide array of videos designed to inform and guide you through the ins and outs of trading. The products listed on this page of the website is available to be immediately purchased for personal use. Some of these include bestsellers like”Trading Tickers, “Trading Tickers” series from trading specialist Tim Grittani, Timothy Sykes’s collection of DVDs, streaming-only content related to short stocking, penny stocking, and other aspects of trading. There are also clips and scenes from events like the Annual Pennystocking Conference, and products from other expert traders.
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The chat rooms that are integrated are as well part of Profit.ly’s range of features and services. You’re probably familiar with the chat room as you can see it across social and messaging platforms as well as some specialty websites that provide live chat assistance. But on Profit.ly the chat room is viewed as a real-time space where experts and their member traders can communicate and learn in real time. Each guru has their style when it comes to running their chat room and dealing with the members there. One of them may be more laid back and less active, while another may be more active and in touch in their interactions with students. Think of the chat rooms as Profit.ly’s version of the forum in essence.
Who is the Ideal Trader for Profit.ly?
Profit.ly’s wide range of products and features cater to a large variety of stock traders, from beginners to experienced pros. Considering the number of offers it can provide it is certain to have something for all.
Newbies, for instance, will appreciate Profit.ly’s knowledge-based content offered throughout the platform. They will also be enriched with weekly videos and chat room tips from its in-house gurus and members. Additionally, they can pick from the merchandise available on its store online that they can take with them wherever they may go. Additionally, they can gain practical experience trading on the platform, however, they will soon learn that this is a risky game that shouldn’t be treated as a joke.
For the traders with many years of experience down the line, we see Profit.ly equally suitable for them as it is for the newcomers. Although the novices might not be as proficient in managing trading but the experts already know how it works along with the risky mix that come with it. In the ideal scenario, they can utilize Profit.ly’s array of features to their best advantage to enhance their trading skills. Like novices, they can study from the gurus as well as experts, and take advantage of short tips and tricks to help them along.
Profit.ly’s “all-inclusive” nature does not only apply to beginners as well as semi-seasoned traders. Experts who have been verified can also participate in the fun! Those in the trading industry who are on 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. Is Timothy Sykes A Fake
Profit.ly’s Pros and Pros and
The Pros
- Profit.ly’s diverse capabilities as a “one-stop’ stock trading platform enable it to provide traders everywhere with a wealth of education tools, communication, and trading tools
- You will be taught by experts and tips from the inside experts, as well as collections of educational videos as well as trading in real-time.
- You’re guaranteed transparency throughout Profit.ly with precise analytics as well as fellow traders who are ready 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 users extra options to suit their individual preferences, for instance, posting unauthentic trades via images
- Profit.ly’s variety of packages and subscription levels are priced at reasonable prices – there truly is something for every person
The Cons
- Profit.ly’s bountiful stream of packages and services offered could seem overwhelming for a lot of its users
- As traders may opt to make any type of trade, there is a possibility that some of them will profit by picking the most profitable trades to increase the rating this could be a problem that shouldn’t be simply overlooked
- Profit.ly does not accept refunds, as its premium users will immediately take advantage of the numerous services the platform has to offer
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The Final Verdict is: Is Profit.ly worth it?
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 get-rich-quick scheme. The platform was not always meant to be designed in this way. Instead, you should have curiosity. Is Timothy Sykes A Fake
What we are referring to”yes” is it can be a great learning tool. For those who are struggling, they might discover Profit.ly’s array of resources useful as they do their best to avoid loss and perform better than before. Not only struggling traders that will benefit from the platform. It can accommodate beginners and even experts in the field!
If you truly care about being more successful in trading and would like to be taught by your peers and experts throughout the process, then you should look no further than Profit.ly. Profit.ly is a fantastic choice to start.
FAQ Is Timothy Sykes A Fake
How can you make use of Profit.ly to publish your trades?
Profit.ly offers the option of allowing trade entries within the My Trade’ category of the dashboard which allows you to post your trades, either verified or not. There are three choices:
- Connecting your account to your 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
What can I do to determine if the trade is verifiable or not?
If you import your trade from a reputable brokerage, there’s the chance that it is verifiable. This is shown by the small blue check. If you submit it manually or through pictures, it will be classified as unverified.
The disadvantage of an unauthenticated trade is the risk of getting downvotes from your friends and colleagues. A large number of downvotes could result in you appearing at the top of the Madoff leaderboard, where users are able to identify who is untruthful in submitting trades.
Is the Profit.ly mobile application still available?
As of this writing, Profit.ly is still available for download on the App Store for Apple and the Google Play store. The mobile app version works with all working smartphones and tablets.
How many people are on Profit.ly?
Profit.ly is currently home to over 150,000 investors and traders, since they’re not just seeking to make the most profit but also help each other grow and learn more about acquiring stock market opportunities all over the world.
