Stock trading is a high-stakes game. On certain days, you could be reaping the benefits of positive and satisfactory numbers. On other days, the opposite may happen and it could be very difficult to return to the point you were at your most productive. If you find yourself constantly stuck in the gutter it is important to recognize that relying on your instincts and preserving may not always be enough.
If you’ve been incurring occasional losses, you’re gonna be needing reliable advice from tested and tried trading experts. Also, you’ll need an enormous boost from your trading partners from all over the globe, which is why we’ve discovered an online platform that will help you to improve your performance within the field. In this review, we’ll be taking an in-depth look at Profit.ly, a well-recognized 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. Do check out our article below, however, because it has a comprehensive overview of Profit.ly.
Overall Rating: 4.1/5 Is Timothy Sykes Legit Reddit
Value: 4.1/5
Quality: 4.1/5
Costs: 4.1/5
Users Experience 4.5/5
Summary
Profit.ly offers an internet-based trading service that enables traders of various levels to be informed, transparent, accountable, and uplifting with each other by offering a wide range of features and tools such as chat rooms, trade verification as well as an extensive library of educational content.
What is Profit.ly?
Profit.ly is a site for trading that serves both as a learning and training platform for those who are starting out as well as a place for traders with experience to keep track of their performance through the use of cutting-edge analytics tools. It provides users with a vast range of resources for communication and trade that help traders from all walks of life connect with one another. It offers gurus with worthy investments within the boundaries of the platform. Consider it 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 then publishes the information of them in the manner of leaderboards. The trading platform is built on trust and transparency. it ensures that the trades are valid and won’t allow for fraud as much as possible. It was established in the past by penny expert in stock trading and investment guru Timothy Sykes, along with fellow expert Michael Mosseri.
One time , during an appearance in Forbes magazine, Sykes declared that Profit.ly was driven by its focus “on the transparency of every trade, something that was never prior to.” The idea was, he said, serving two goals: 1.) creating public track records for everyone, not just the experts as well as newsletter authors and students, and 2) allowing anyone on the platform to gain insight into both losses and wins to the benefit of the trading industry. Is Timothy Sykes Legit Reddit
How Does It How Does It
Profit.ly follows a subscription-based model which allows stock traders to benefit from a variety of features and services aimed at achieving achievement. You can create an account at no cost, however you’re limited to the capability to browse the leaderboards and monitor the actions of non-gurus. If you’re ready to invest your money in order to find out which stocks the gurus are trading in real-time You’ll need to join one of Profit.ly’s offers, which we will discuss in the near future.
Making an account easy: create an account with your experience and knowledge, then connect to your brokerage account, and you have yourself an opportunity to make your way to high on the leaderboard. Profit.ly’s leaders’ board feature as previously mentioned was designed to offer its users a look at the performance of the trading community as well as its experts. It’s not only a chance to prove that you’re worthy to the community of traders, but you can also use Profit.ly to shop with a professional with the confidence that you are confident in their skills and the veracity of their claims.
If you’re not comfortable with the idea of divulging your brokerage account, you can choose to publish your trades, either verified or not, via pictures. In Profit.ly are the vast number of courses in trading as well as the ability to look at statistics on a person’s profile and other methods to connect with your gurus in the chatroom, as well as text and e-mail alerts and 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 his efforts in penny stock trading. 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-scale businesses to make the transition to a large marketplace as they can access capital from the public. However, don’t get it wrong – it’s also a high-risk game, which Sykes is sure to reveal through his many years of experience.
Beginning at the end of his time in High School, Tim Sykes has, since then, earned over $6 million of earnings through his lengthy career as a trader. When he was 25 years old Sykes was given more exposure and a wider influence over time as a participant in the reality TV show “Wall Street Warriors.” He then took advantage of it to establish trading rooms as well as penny stock themes as well as educational content targeted at those who are new to the trading field. He also helped to establish Profit.ly as a place for transparency, and for the community to uplift and compete through the platform.
The Profit.ly Gurus
One of Profit.ly’s amazing features is the vast array of learning tools, trade alerts and other useful stuff offered by the in-house experts of the platform. These gurus refer to the trading experts who have made substantial amounts of money through their years of experience. Is Timothy Sykes Legit Reddit
At its peak, Profit.ly had housed up to five gurus. Each of them an expert within their particular field in the trading industry. 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. With that taken into consideration, let’s take a look at the packages each guru offers.
From Tim Sykes Tim Sykes
Sykes provides a basic stock trading service with the main priority being penny-stock day trading via Tim’s Alerts. Costing $74.95 monthly, you will observe him focus on basic stock catalysts and employ them to predict the next move that is possible when making trades.
A single purchase in Tim’s Alerts will get you access to the chatroom, as well as the mobile application that is available on iOS and Android devices, as well as text, e-mail and push alerts and a daily stock watchlist.
Tim Sykes: From Tim Sykes: The Pennystocking Silver Package
Pennystocking Silver is the highest-quality version that has been upgraded of the Tim’s Alerts package. It costs $149.95 monthly, this is an ideal plan for investors who are involved in investing in penny stocks. Pennystocking Silver includes all the basic features that were included in the previous plan, which includes swing trading alerts as well as unlimited access to an extensive library of more than 7,000 instructional videos and new videos released weekly.
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In “Superman” Paul Scolardi: Superman Alerts
Scolardi who goes under the name “Superman,” is a trader who has an eye for massive stocks of the small-cap size and insanely accurate marketing forecasts. Through the years since when he first started trading, Superman has amassed over $5.5 million in trading earnings. Is Timothy Sykes Legit Reddit
The Superman Alerts plan is an package of vital features and trading alerts geared to those interested. For $147 per month, you’ll gain access daily stock watchlist that is premarket and the mobile app, daily market commentary in real time, and SMS and e-mail alerts.
In “Superman” Paul Scolardi: Superman Pro
For the price of $247, you receive additional features, plus access to a knowledgeable base that is provided by Superman himself through his Superman Pro package. In addition to the basic features included in the Alerts plan, Superman Pro gives you daily video lessons, which include an ever-growing library of the previous ones. Additionally, you’ll also get access to premium research reports and an IPO or earnings monitor.
Profit.ly Programs and Costs
If you’re ready to join the online trading community and leave your mark on the market, Profit.ly has the right amount of resources to help you started. The platform has three membership levels, each designed for traders with different levels. Let’s take a look at what these three levels are and what they will cost you.
Novice Plan
The package called Novice is Profit.ly’s beginning-of-the-line plan specifically for people who are brand new to the trading world. When you sign to this plan you’ll be given a slew of robust and essential trading tools, each of them integral in keeping your fingers on what we could call a ruthless process in and of itself.
Among the list of things you can accomplish using Profit.ly’s Novice package is the ability to verify the results of your trades and track profit and follow-up, leading and even texting your fellow traders; and providing feedback on trades today. You can also get onto leaderboards; study the results of your analysis, sort, as well as filter trades and lastly, look at the statistics of other traders.
The Novice plan costs $29.95 per monthly payment. Although it looks attractive simply because of the price but there’s a disadvantage. You aren’t able to create a personal account, making your personal information 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 plan.
The Trader Plan
The Trader package allows users to benefit from the majority of features available in the Novice plan. This plan allows that you can create an account that is private for sharing with fellow associate users all your knowledge and knowledge you gain from trader’s community.
Costing $49.95/month, Profit.ly’s Trader plan is exactly what it says catering for those looking to improve their skills in trading. Although it’s a nice thing but there’s one important feature that is missing. As opposed to the prior Novice package, this one won’t be able view other traders’ statistics, which could be a problem for those looking forward to this tier. Is Timothy Sykes Legit Reddit
Pro Plan
The Pro plan is the highest luxurious package Profit.ly could offer for seasoned traders. It costs $74.95 each month which includes a 22% discount for annual billing This plan offers everything. You get full, no-holds-barred access to all the features of the previous plans combined.
In addition, you’ll be able to look at other people’s statistics, but you’re also given the option of creating a private profile. Both of these features, plus the other benefits that you can use to the fullest potential. If you’re looking for an account that will give you everything you need as a skilled trader, maybe the Pro plan is ideal for you!
Profit.ly’s Other Services
Apart from the provided trainer tools and Leaderboards Profit.ly has a few more services it has to offer. One of them is the online store, which lets users choose from a wide array of video products that are designed to educate and help you understand the ins and outs of trading. All of the products featured on this page of the website is available to be bought immediately for your personal use. Among these products include best-sellers like”Trading Tickers, “Trading Tickers” series by trading expert Tim Grittani, Timothy Sykes’s collection of DVDs, streaming-only content about short stocking, penny stocking, and all other aspects of trading. There are also clips and footage from The Annual Pennystocking Conference, and other products by expert traders.
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The chat rooms that are integrated are included in Profit.ly’s range of services and features. You may be familiar with the concept of chat rooms since you can see it across messaging and social platforms, as well as some specialty websites that offer live chat support. But in Profit.ly, it is seen as a space where experts and their members trade and learn in real time. Every guru has their own style in operating their chat room and dealing with the listed members there. One might be a laid-back person who is less active, while another may be more online and communicative to their pupils. Think of chat rooms like Profit.ly’s version of the forum, in essence.
Who is the best trader to Profit.ly?
Profit.ly’s variety of offerings and features cater to the wide range of stock trader types, from beginners to experienced pros. Given the wide range of options it has to offer, the platform surely has something for all.
For instance, newbies will enjoy Profit.ly’s collection of educational materials available across the platform. In addition, they will get daily videos and chat room advice from its in-house gurus and their members. They’ll also be able to select from the products in its online store that they can take with them wherever they be. Additionally, they can gain practical experience trading on the platform, but ultimately, they will soon learn that trading is a high-stakes game that shouldn’t be treated as a joke.
For the traders with years of exposure down the line, we see Profit.ly equally suitable to people who are just beginning. While the newbies may not be as proficient in dealing with trading issues, the pros already understand how it works and the risky mix associated with it. It is ideal to use Profit.ly’s array of options to their maximum advantage to develop their trading abilities. Like novices, they can study from the gurus as well as experts, and take advantage of quick tips and tidbits throughout the process.
Profit.ly’s “all-in” approach isn’t limited to novices or semi-experienced trader. Verified experts can also join in the fun! Trade professionals who are on an equal level with Superman or Tim Sykes can also use Profit.ly’s capabilities. Profit.ly’s capabilities to display their expertise to other traders as a way to assist them in the ever-changing trading process. Is Timothy Sykes Legit Reddit
Profit.ly’s Pros and Cons
The Pros
- Profit.ly’s diverse capabilities as a “one-stop’ stock trading platform allows traders from all over the world with a wealth of education tools, communication, and trading tools
- You get to be provided with excellent lessons and tips from the in-house gurus, including video libraries that teach you how to learn and real-time trading activities
- You’re guaranteed transparency throughout Profit.ly with accurate analytics as well as other traders that are waiting to reach you out if something occurs.
- The platform’s leaderboard feature gives you the opportunity to increase your credibility as a trustworthy and authentic trader
- Apart from its main features, Profit.ly also gives its users extra options to suit their preferences, such as posting unauthentic trades via images
- Profit.ly’s variety of subscription levels and guru packages are priced at reasonable prices – there truly is something for every person
The Cons
- Profit.ly’s abundance of products and packages offered might seem overwhelming for the majority of its customers
- If traders decide to open any kind of trade, there is an opportunity that some them may take advantage by cherry-picking the best trades to improve their ratings This could be a concern that should not be overlooked.
- Profit.ly will not allow refunds as the premium customers are expected to immediately benefit from the number of services that the platform can offer
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The Final Verdict is: Is Profit.ly worth it?
If we could think of the answer, it’s yes. However, you must realize that this platform shouldn’t be viewed as a scheme to get rich quick. The platform wasn’t originally intended to be created to achieve this goal. Instead, you should have curiosity. Is Timothy Sykes Legit Reddit
What we do mean by ‘yes’ is that it is a fantastic learning tool. People who are stuck may find Profit.ly’s array of resources useful in their efforts to reduce losses and be more successful than before. Not only struggling traders who will profit from the platform. It can accommodate beginners and even experts!
If you really care about being a better trader and want to be taught by your peers and experts on the way, take a look at Profit.ly. Profit.ly may be a great option to begin.
FAQ Is Timothy Sykes Legit Reddit
What are the best ways to use Profit.ly to make your trades public?
Profit.ly offers an entry section for trades under the My Trade category on the dashboard which allows you to post your trades, verifiable or otherwise. You may choose between three choices:
- Connecting your account to your brokerage of choice and then importing transactions directly through there
- Manually entering your trades into specified spaces and information.
- Take a photo of your transactions
How do I know whether the trade can be verified or not?
If you purchase your trade from a trusted brokerage, there’s a high chance that it is verifiable. This is indicated with the blue check mark. If you post it manually or through screenshots, it will automatically be assigned as unverified.
The drawback of posting an unauthenticated trade is the chance of receiving downvotes from colleagues. If you receive too many negative votes, it could cause you to be listed on the Madoff leaderboard, where people are able to identify who is untruthful in submitting trades.
Does the Profit.ly mobile app still available?
As of the moment, Profit.ly is still available for download on the App Store for Apple and in the Google Play store. The mobile app version is compatible with most operating tablets and smartphones.
How many are using Profit.ly?
Profit.ly currently houses more than 150,000 investors and traders, as they not only are trying to maximize profits but also assist each other to learn and improve in acquiring stock market opportunities all over the world.
