Stock trading can be an exciting game with high stakes. On certain days, you could have the benefit of pleasing and positive numbers. On other days you may experience the opposite and it could be extremely difficult to return to the point you were at your peak. If you are always in the mud You will need be aware that relying solely on pure instinct and preservation is not always enough.
If you’ve suffered occasional losses, you’re gonna be needing sound advice from tried-and-tested trading experts. You’re also gonna need an important boost from fellow traders from around the globe, which is why we’ve discovered a platform that can support you to improve your performance in the industry. This review will be taking an in-depth look at Profit.ly is a well-known 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.
Overall Rating: 4.1/5 Is Timothy Sykes For Real
Users Experience 4.5/5
Profit.ly can be described as an online platform for trading that permits traders of all levels to be knowledgeable and accountable, as well as transparent and encouraging one another through its wide array of tools and features including trade verification, chat rooms, and an enriched library of educational material.
What is Profit.ly?
Profit.ly is a site for trading which serves as a learning and education platform for traders new to trading as well as a place for experienced traders to track their performance using the aid of cutting-edge analytics tools. It provides users with a vast array of options to facilitate trade and communication and letting traders from every field of business connect with each other. It also allows gurus to make an opportunity to invest in the right areas that the site. Imagine it as an online social media platform similar like Facebook and Reddit however it is geared towards traders and experts.
Profit.ly independently verifies trade performances and posts all the data from them in the style of leaderboards. The trading platform is built on trust and transparency. it ensures that the transactions are legitimate and will not allow for fraud as much as it is possible. It was founded years ago by the penny stock trade expert and investment expert Timothy Sykes, along with fellow expert Michael Mosseri.
One time during his appearance in Forbes publication, Sykes declared that Profit.ly was based “on the transparency of all trades, something that was never prior to.” This idea was, he said, serving two objectives: one) keeping track of public data for all traders, not just the gurus, but also the newsletter authors and students and secondly) allowing everyone on the platform to be enlightened by both losses and wins for the trading industry’s benefit. Is Timothy Sykes For Real
How Does It Work?
Profit.ly is a subscription-based platform which allows stock traders to gain access to a multitude of tools and services that are geared at achieving the success of their business. You may set up an account on the site at no cost, however you’re only limited to having access to the leaderboard and observe the activities of people who aren’t gurus. If you’re interested in investing your money to see which stocks the gurus are trading in real-time it is necessary to join one of Profit.ly’s offerings that we’ll discuss in the near future.
Making an account easy: create an account with your experience and expertise, connect your brokerage account, and you’ll have an opportunity to make through at the very top of the list. Profit.ly’s Leaderboard function, which was previously mentioned was designed to offer its users an insight into their performance as a trading group as well as its gurus. It’s not only a chance to show value to a group of traders, as you can also use Profit.ly to shop from a guru with the assurance that you’re confident in their skills and the legitimacy of their assertions.
If you feel uneasy with the concept of leaking the details of your broker account you can opt to post your trades, whether verified or otherwise, through screenshots. Included in Profit.ly are the vast number of trading courses, the ability to view statistics on a person’s profile, and more ways to communicate 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 trading guru who is famously known for delving his hands into the penny-stock market. According to Investopedia the term “penny stock” refers to a small company’s shares that trade for just less than 5 cents per share. Penny stock trading could be viewed as an avenue for small businesses to transition into a larger market because they can access money from the public. But don’t make the mistake of thinking that it can also be an extremely risky activity, as Sykes can surely tell through his many years of experience.
From his beginnings at the end of his time in the high schools, Tim Sykes has, since then, made over $6 million of profits throughout his illustrious career as a trader. When he was 25 years old, he had been given greater exposure and a larger influence over time when he was a part of the reality series “Wall Street Warriors.” Then, he used the opportunity to establish trading rooms and penny stock themes and educational material aimed at people who are brand new to trading. He also played a role in establishing Profit.ly as a place for transparency, and for the community to lift each other up and compete with each other on the platform.
The Profit.ly Gurus
One of Profit.ly’s sweet inclusions is the variety of education resources, trade alerts, and other useful stuff offered by the company’s internal gurus. Gurus are referred to the trading experts who have earned substantial profits from their collective years of knowledge. Is Timothy Sykes For Real
At its peak, Profit.ly had housed up to five gurus. Each of them a professional in their field of expertise within the world of trading. Some of the most prominent gurus included Connor Bruggermann, Nathan Michaud of Investors Underground, and Triforce, among a few others. As of this writing, only two gurus 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 what packaged deals each guru can offer.
From Tim Sykes Tim Sykes
Sykes offers a basic stock trading service that focuses on penny-priced day trading with Tim’s Alerts. Costing $74.95 for a month you’ll be able to be able to see him concentrate on the fundamental stock catalysts and use them to anticipate the next possible moves in trading.
A purchase on its own from Tim’s Alerts will get you access to the chatroom and the mobile app that’s available on 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, with an upgraded version of Tim’s Alerts program. At $149.95 monthly, it is a great option for those who are involved in the penny-stock market. Pennystocking Silver comes with all the standard features found in prior plans, such as swing trading alerts and unlimited access to an extensive collection of more than 7,000 educational videos, with new ones released weekly.
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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 both tiny-cap massive stocks as well as wildly accurate marketing forecasts. In the time since the time he started trading, Superman has amassed over $5.5 million in all-time trading profits. Is Timothy Sykes For Real
The Superman Alerts plan is an package of vital features and alerts on trading geared toward those who may be interested. For $147 per month, you’ll gain 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.
The film “Superman” Paul Scolardi: Superman Pro
At $247/month, you get additional features, as well as access to a knowledgeable base provided by Superman himself via Superman Pro. Superman Pro package. In addition to the basic features that are included in the Alerts package, Superman Pro gives you weekly video lessons, including a growing library of all previous lessons. On top of that you’ll also gain access to premium research reports and an IPO and earnings tracker.
Profit.ly plans and costs
If you’re eager to join the online trading community and leave your mark on the industry, Profit.ly has the right amount of resources to get you going. The platform has three membership tiers that cater to traders with different levels. Let’s take a look at what these three tiers are and how much they will cost you.
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 up for this plan, you will be immediately offered a range of strong and vital trading tools, each of them integral in keeping your hands on what we could call a ruthless procedure in its own.
The list of features you can do with Profit.ly’s Novice package include the ability to verify trades and track profits; leading, following and even chatting with other traders; and giving feedback on the trades of today. It also allows you to be onto leaderboards; study your trades, sort as well as filter 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. It isn’t possible to create a private profile, thus making your actions public. If you’re interested in gain access to this feature, keep an eye on us as we present to you Profit.ly’s next strategy.
The Trader Plan
The Trader plan allows you to use many of the features of the Novice plan. It is in this plan that you can set up an individual profile that allows you for sharing with fellow associate users all the insights and knowledge you gain from this trading group.
Priced at $49.95/month, Profit.ly’s Trader plan will do what the name implies caters people who want to improve their trading skills. While it’s nice but there’s one important aspect that’s not included. As opposed to the prior Novice package, you will not be able to see the statistics of other traders this could be a problem for those who are anticipating this level. Is Timothy Sykes For Real
The Professional plan can be described as the most expensive plan Profit.ly could offer for seasoned traders. It costs $74.95 monthly, which includes a 22% discount for billing annually This plan offers everything. You will have full, unrestricted access to all the options of the previous plans combined.
In addition, you’ll be able to view other people’s stats as well, you’re also offered the chance to create a private profile. These two features are plus the other 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 tier could be for you!
Profit.ly’s Other Services
Apart from the tools for training and Leaderboards Profit.ly offers a number of other services they provide. One of them is the online store, which lets users select from a variety of videos designed to inform and help you understand the nuances and pitfalls of trading. All of the products featured in this section of the site can be bought immediately for your personal use. Some of these include bestsellers such as”Trading Tickers, “Trading Tickers” series from trading specialist Tim Grittani, Timothy Sykes’s library of DVDs and streaming-only content about short stocking, penny stocking, and all other aspects of trading. There are also clips and scenes of The Annual Pennystocking Conference, and products from other expert traders.
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The integrated chat rooms are also part of Profit.ly’s variety of services and features. You’re probably familiar with the concept of the chat room since you can see it across messaging and social platforms, as well as some specialty websites that offer live chat assistance. But in Profit.ly it’s seen as a place where gurus and their members trade 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. One might be more laid back and less active, while another might be more active and in touch to their pupils. Consider chatrooms as Profit.ly’s version of the forum, in essence.
Who is the ideal Trader for Profit.ly?
Profit.ly’s diverse range of products and features cater to a large variety of stock traders, ranging from novices to the most experienced. Considering the number of offers it can provide it is certain to have something for every person.
Newbies, for instance, will appreciate Profit.ly’s collection of educational content offered throughout the platform. Not only will they be provided with videos every week and chat room advice by its internal gurus and members. They’ll also be able to pick from the merchandise available from its online store to carry with them wherever they may be. You can also get hands-on experience trading on the platform, but eventually, they will soon learn that trading is a high stakes game that shouldn’t be taken as a joke.
For those traders who have had many years of experience down the road, we consider Profit.ly as equally as suitable to people who are just beginning. Although the novices might not be as well-equipped with managing trading, the pros already understand how it works along with the plethora of risks that it carries. In the ideal scenario, they can use Profit.ly’s range of features to their full advantage to develop their skills in trading. Like beginners, they can study from the gurus and experts and utilize those short tips and tricks throughout the process.
Profit.ly’s “all-inclusive” nature isn’t limited to novices and semi-experienced traders. Verified experts can also join in the excitement! Those in the trading industry who are at an equal level with Superman as well as Tim Sykes can also use up Profit.ly’s abilities to show off their skill to others in order to navigate them through the ever-changing trading process. Is Timothy Sykes For Real
Profit.ly’s Pros and Pros and
- Profit.ly’s many capabilities as a “one-stop” platform for trading stocks allows traders from all over the world with tons of learning communications, trading, and communication tools
- You will be provided with excellent lessons and advice from the company’s internal experts, which include video libraries that teach you how to learn and real-time trading activities
- You can be sure of complete transparency through Profit.ly by using accurate data as well as fellow traders who are ready to reach you out whenever something happens
- The leaderboard feature of the platform offers you a way to build your credibility as a trustworthy and authentic trader
- Apart from its main capabilities, Profit.ly also gives its users extra options to suit their needs, like posting unverifiable trades through images
- Profit.ly’s diverse range of packages and subscription levels are priced at reasonable prices There is truly something for every person
- Profit.ly’s bountiful stream of products and packages offered might be too much for the majority of its customers
- Since traders can choose to post any kind of trade, there is the possibility that some of them could profit from picking the most profitable trades to improve their ratings this could be a problem that shouldn’t be simply overlooked
- Profit.ly does not accept refunds because its premium users are expected to immediately 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 could come up with an answer to this question, it’s a ‘yes’. But you need to understand that it shouldn’t be treated as a quick-fix scheme to make money. The platform was not always designed to be used for this reason. Instead, it is best to keep curiosity. Is Timothy Sykes For Real
What we do mean”yes” is it is a fantastic learning tool. People who are stuck might find Profit.ly’s variety of resources to be helpful in their efforts to avoid losses and be more successful than they did before. It’s not only the poor traders that can benefit from the platform. It is able to accommodate novices and even experts!
If you truly desire to be more successful in trading and would like to learn from your mentors and peers throughout the process, then take a look at Profit.ly. Profit.ly is a fantastic alternative to start.
FAQ Is Timothy Sykes For Real
What are the best ways to use Profit.ly to publish your trades?
Profit.ly has a trade entry portion under the My Trade category on the dashboard. It allows you to post your trades, either verified or not. There are three options:
- Linking your account with your brokerage of choice and then importing transactions directly through there
- Manually inputting your trades with the spaces provided and details
- Upload a screenshot of your trades
How do I know whether the trade can be verified or not?
If you buy your trade from a trusted brokerage, there’s an excellent chance that it is verifiable. This is shown by the small blue check. If you post it in a manual way or by taking pictures, it will be assigned as unverified.
The drawback of posting an unauthenticated trade is the risk of receiving downvotes 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 fraudulent in posting trades.
Are the Profit.ly mobile application still available?
As of this writing, Profit.ly is still available to download from the App Store for Apple and on the Google Play store. The mobile app version is compatible with the majority of operating tablets and smartphones.
How many are on Profit.ly?
Profit.ly currently houses more than 150,000 traders and investors, since they’re not just looking to earn maximum profits but also to help one another grow and learn more about acquiring opportunities on the stock market both right and left.