The stock market can be an exciting game with high stakes. On some days, you might have the benefit of pleasing and positive numbers. However, on other days, the opposite may happen, and it may sometimes be extremely difficult to get back to where you were your best. If you’re always in the mud it is important be aware that relying solely on pure instinct and preservation 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. Additionally, you’ll require a significant boost from your fellow traders from around the globe. That’s why we’ve discovered a platform that can support you in your improvement in the industry. In this review, we’ll be taking a look at Profit.ly A well-respected 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. To get a comprehensive overview of Profit.ly, you may still want to check out our article below.
Total Rating: 4.1/5 Is Timothy Sykes Advice Real
Users Experience 4.5/5
Profit.ly can be described as an online platform for trading that allows traders of various levels to be informative responsible, transparent, and uplifting with each other by offering a wide array of tools and features including chat rooms, trade verification, and an enriched library of educational material.
How do I define Profit.ly?
Profit.ly is a trading website that serves both as a training and learning platform for those who are starting out and also as a platform for traders with experience to keep track of their performance using the aid of sophisticated analytics tools. It provides users with a vast variety of tools to facilitate trade and communication that help traders from every field of business connect with each other. It gives the gurus worthy investments within the boundaries of this platform. Think of it as an online social media platform similar like Facebook and Reddit however it is geared towards experts and traders.
Profit.ly independently checks the performance of trades and publishes all data of them in the manner of leaderboards. The platform’s trading model is based on honesty and transparency: it guarantees that the trades are authentic and won’t tolerate inauthenticity as much as it is possible. It was created years ago by the penny expert in stock trading and investment guru Timothy Sykes, along with his colleague Michael Mosseri.
One time , during an interview for Forbes magazine Sykes said that Profit.ly was based “on showing every trade, something that was never previously done.” The concept was, he said, serving two goals: 1.) creating public track records for all traders, not just the gurus, but also the students and newsletter writers as well as) making it possible for all users to be enlightened by both the wins and losses to benefit the industry of trading. Is Timothy Sykes Advice Real
How Does It Work?
Profit.ly is a subscription-based platform that allows stock traders to gain access to a multitude of services and features geared towards achieving the success of their business. You may set up an account there for free, but you’re only given access to the leaderboards and monitor the activities of non-gurus. If you’re ready to invest your money and see which stocks the gurus are trading in real-time, you will need to join one of Profit.ly’s offers, which we will go over shortly.
Making an account simple: Create an account with your experience 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 leaders’ board feature as we’ve mentioned earlier it is designed to provide its users an insight into how the community of traders performs as well as its experts. You’re not just allowed to demonstrate your worth to a group of traders. You can also use Profit.ly to purchase from a guru with the assurance that you’re confident of their knowledge and the veracity of their assertions.
If you are unsure about the idea of divulging information about your account with a brokerage, you can choose to publish your trades, verified or not, via pictures. In Profit.ly is the huge selection of courses in trading, the ability to view stats in a trader’s profile and other methods to interact with your experts through the chatroom along with 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 trader who has been famously known for delving his hands into the penny-stock market. According to Investopedia Penny stock refers to a small-sized company’s stock that trades for less than $5 per share. Penny stock trading is an avenue for small-scale businesses to make the transition into a larger market because it allows them to access money from the general public. However, don’t get it wrong – it can also be a high-risk game, which Sykes will be able to tell you because of his decades of experience.
Since his initial beginnings in his late years in High School, Tim Sykes has, since then, made more than $6 million in profit through his lengthy career as a trader. When he was 25 years old Sykes was given more exposure and a wider impact when he became part of the reality TV show “Wall Street Warriors.” He made use of the show to create trading rooms, penny stock themes, as well as educational content targeted at those who are new to trading. He also helped establish Profit.ly as a place for openness, and for the community to lift each other up and compete against each other on the platform.
The Profit.ly Gurus
One of Profit.ly’s amazing features is the vast array of learning resources, trade alerts, and other helpful stuff provided by the company’s internal gurus. The gurus in question refer to the experts in trading who have earned significant amounts of profit from their combined years of expertise. Is Timothy Sykes Advice Real
At its height, Profit.ly had housed up to five gurus, each of them a pro within their particular field within the world of trading. Some of the most famous gurus included Connor Bruggermann, Nathan Michaud of Investors Underground, and Triforce, among a few others. As of this 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 packaged offers each guru offers.
From Tim Sykes Tim Sykes: Tim’s Alerts
Sykes offers basic stock trading services with the main priority being penny stock day trading through Tim’s Alerts. Costing $74.95 for a month 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 standalone purchase of Tim’s Alerts will get you access to the chatroom, as well as the mobile app available to iOS and Android devices; text, e-mail, and push alerts; as well as a daily watchlist of stocks.
Tim Sykes: From Tim Sykes: The Pennystocking Silver Package
Pennystocking Silver is the most premium version, with an upgraded version of Tim’s Alerts program. It costs $149.95 monthly, it is a great option for those who are invested in penny stock trading. Pennystocking Silver includes all the basic features found in earlier plans which includes swing trading alerts and unlimited access to a collection of more than 7,000 educational videos and new videos released every week.
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In “Superman” Paul Scolardi: Superman Alerts
Scolardi who goes under the alias “Superman,” is a professional in swing trading with an eye for small-cap monumental stocks and crazy-accurate marketing forecasts. In the time since the time he started trading, Superman has amassed over $5.5 million in total trading profits. Is Timothy Sykes Advice Real
The Superman Alerts package is his package of vital features and trading alerts geared towards those who might be interested. For $147 per month, you’ll gain access to the daily stock watchlist that is premarket and the mobile application, daily market commentary in real time, and email and SMS alerts.
In “Superman” Paul Scolardi: Superman Pro
For the price of $247, you receive additional features, as well as access to a knowledgeable base provided by Superman himself through the Superman Pro package. In addition to the basic features featured in the Alerts plan, Superman Pro gives you weekly video lessons, including a growing library of all the previous ones. In addition you’ll also have access to premium research reports and the IPO as well as earnings tracking tool.
Profit.ly Programs and Costs
If you’re ready to join the world of online trading and leave your mark on the market, Profit.ly has the right amount of resources to help you started. Profit.ly offers three membership tiers that cater to traders with different levels. Let’s take a look at what these three levels are and what they’ll cost you.
This package for novices is Profit.ly’s basic plan that is designed specifically for those who are just beginning their journey to the trading community. When you sign to this plan you’ll be offered a range of strong and vital trading tools, all of them integral in keeping your hands on what we call a competitive process in and of itself.
The list of features you can do with Profit.ly’s Novice package is the ability to verify trades and track profits and follow-up, leading, and even messaging your fellow traders, as well as providing feedback on trades today. You can also get on leaderboards, analyze the results of your analysis, sort, and filter your trades; and, finally, see other people’s statistics.
The Novice plan is $29.95 per monthly payment. Although it looks attractive just by the price, there is a downside. You aren’t able to create a personal profile, which makes your actions public. If you’re interested in have an account with this option, you should stay tuned as we introduce to you Profit.ly’s new plan.
The Trader package allows users to benefit from the majority of features available in the novice plan. In this plan, that you can set up an account that is private to share with fellow associate users all your knowledge and intel in the trading community.
Priced at $49.95/month, Profit.ly’s Trader plan will do what the name implies: Cater for those looking to harness their trading skills. Although it’s a nice thing, there is one significant feature that is missing. Unlike the previous Novice package, this one won’t be able to view other traders’ statistics this might be a drawback for some who may be anticipating this level. Is Timothy Sykes Advice Real
The Pro plan is the most expensive plan Profit.ly offers to experienced traders. With $74.95 per month, and 22% off for billing annually the Pro plan has it all. It gives you full, unlimited access to all the options of the previous plans combined.
You’re not only able to look at other people’s statistics and data, but you also have the option of creating an individual profile. Both of these features, on top of all the advantages you’ll be able to use to the fullest potential. If you’re in search of an account that will give you with everything you require as a skilled trader, maybe the Pro level is the right choice for you!
Profit.ly’s Other Services
In addition to the training tools and the Leaderboards Profit.ly provides a variety of other services they offer. One of these is its online store, where customers can pick from a range of instructional videos that are that are designed to educate and help you understand the ins and outs of trading. Each of the offerings listed on this page of the website can be purchased immediately for personal use. These include best-selling products such as the “Trading Tickers” series by trader specialist Tim Grittani, Timothy Sykes’s collection of DVDs and streaming-only content on penny stocking, short stocking, as well as all aspects of trading. There are also clips and footage taken from the Annual Pennystocking Conference, and items from other experts in trading.
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The chat rooms that are integrated are also part of Profit.ly’s range of features and services. You’re probably familiar with the concept of the chat room as you can find it throughout social and messaging platforms and also on a few specialty websites that offer live chat assistance. But in Profit.ly, it is seen as a hands-on place where gurus and their members trade and share knowledge in real-time. Each guru has their style in running their chat rooms and in dealing with the members there. One might be laid back and rarely engaged, while another could be more interactive and online in their interactions with students. Consider chat rooms as Profit.ly’s version of a forum, in the essence.
Who is the Ideal Trader for Profit.ly?
Profit.ly’s wide range of products and features are geared towards an array of stock traders, ranging from beginners to experienced pros. Given the wide range of options it offers, the platform surely has something for everyone.
Newbies, for instance, 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 advice from the in-house experts and their members. They’ll also be able to pick from the merchandise available on its store online that they can take with them wherever they go. You can also get hands-on experience trading on the platform, but eventually they’ll realize that the process is a high stakes game that shouldn’t be taken as an amusing pastime.
For traders who have decades of experience in the line, we believe Profit.ly equally suited to them as the newcomers. Although the novices might not be as well-equipped with handling trading matters, the pros already understand how it works and the risky mix that it carries. Ideally, they may use Profit.ly’s array of options to their maximum advantage to improve their skills in trading. As beginners, they are able to study from the gurus and experts , and use those short tips and tricks to help them along.
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! Those in the trading industry who are on the same level as Superman as well as Tim Sykes can also use Profit.ly’s capabilities. Profit.ly’s capabilities to display their expertise to other traders as a way to help navigate them through the ever-changing trading process. Is Timothy Sykes Advice Real
Profit.ly’s Pros and Pros and
- Profit.ly’s numerous capabilities as a “one-stop’ platform for trading stocks allows traders from all over the world with tons of learning, communication, and trading tools
- You get to be provided with excellent lessons and advice from the company’s internal experts, which include libraries of educational videos and live trading activity.
- You can be sure of complete transparency through Profit.ly by using accurate data as well as fellow traders that are waiting to reach you out if something occurs.
- The platform’s leaderboard feature gives you the opportunity to increase your reputation as a reliable and dependable trader
- In addition to its primary capabilities, Profit.ly also gives its users extra options to suit their preferences, such as posting trades that are not authentic by taking screenshots
- Profit.ly’s wide array of subscription plans and guru packages are priced at affordable rates There is truly something for all
- Profit.ly’s abundance of packages and services offered could seem overwhelming for most of its customers
- Since traders can choose to open any kind of trade, there’s the possibility that some of them may take advantage by cherry-picking the best trades to improve their ratings – this may be a concern that should not be simply overlooked
- Profit.ly does not offer refunds as the premium customers are expected to instantly benefit from the number of features the platform is able to offer
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The Final Verdict: Is Profit.ly Worth It?
If we were able to come up with an answer to this question, it’s yes. But it is important to realize that it shouldn’t be treated as a get-rich-quick scheme. The platform was not always designed to be used in this way. Instead, you should have an open mind. Is Timothy Sykes Advice Real
What we do mean”yes” is that it is a fantastic learning tool. Those who may be stuck could find Profit.ly’s array of resources useful in their efforts to avoid loss and perform better than before. Not only struggling traders that will benefit from this platform. It can accommodate beginners and even experts in the field!
If you really want to become more successful in trading and would like to learn from your fellows and gurus along the way, then take a look at Profit.ly. Profit.ly could be a good alternative to start.
FAQ Is Timothy Sykes Advice Real
How can you make use of Profit.ly to make your trades public?
Profit.ly includes a trade entry portion in the My Trade’ category of the dashboard that lets you record your trades, either verified or otherwise. There are three options:
- Connecting your account to your brokerage of choice and importing trades directly from there
- Manually inputting your trades with the spaces provided and details
- Send a screen shot of your transactions
How can I tell whether the trade can be verified or not?
If you buy your trade through a reliable brokerage, there is an excellent likelihood that it can be verified. This is evident by the blue check mark. If you post it manually or through images, it will be assigned as unverified.
The downside of having an unauthenticated trade is the chance of receiving negative feedback from fellow peers. Too many downvotes may cause you to show up at the top of the Madoff leaderboard, where people can see who’s untruthful in submitting trades.
Is the Profit.ly mobile app still in use?
At the time of writing, Profit.ly is still available to download from the App Store for Apple and on the Google Play store. The mobile version of the app is compatible with most working smartphones and tablets.
How many people are using Profit.ly?
Profit.ly is currently home to over 150,000 traders and investors, since they’re not just trying to maximize profits but also help each other develop and grow in their ability to take advantage of stock market opportunities all over the world.