Stock trading can be an exciting game with high stakes. On some days, you might enjoy the benefits of positive and satisfactory numbers. On other days, however, the opposite may happen, and it may sometimes be very difficult to return to where you were your most productive. If you are constantly stuck in the gutter, you will have to realize that relying on pure instinct and preservation is not always enough.
If you’ve experienced loss from time to time You’ll need reliable advice from tested and tried trading experts. Also, you’ll need an important boost from colleagues in the market from all over the globe, which is why we’ve found an online platform that will help you in your improvement within the field. 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 Program Legit
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 enables traders of all levels to be informed responsible, transparent, and to build relationships with each other by offering a wide variety of tools and features such as chat rooms, trade verification and a rich library of educational material.
What exactly is Profit.ly?
Profit.ly is a trading site which serves as a training and learning platform for traders new to trading as well as a place for experienced traders to track their performance through the use of sophisticated analytics tools. Providing users with a wide variety of tools for communication and trade that help traders from every field of business connect with one another. It gives the gurus worthwhile investments within the confines of the platform. Imagine it as a social media site akin like Facebook and Reddit but with a focus on experts and traders.
Profit.ly independently verifies trade performances and then publishes the information from them in the form of leaderboards. The platform’s trading model is based on transparency and honesty: it guarantees that the transactions are legitimate and will not tolerate inauthenticity as much as it is possible. It was established many years ago by penny expert in stock trading and investment guru Timothy Sykes, along with the other expert Michael Mosseri.
One time , during an interview for Forbes magazine Sykes said that Profit.ly was based “on showing all trades, something that has never been done before.” The idea, he added, served two purposes: 1) creating public track records for all traders, not just the gurus and newsletter authors and students as well as) allowing anyone on the platform to gain insight into the losses and wins for the trading industry’s benefit. Is Timothy Sykes Program Legit
How Does It How Does It
Profit.ly utilizes a subscription model that allows stock traders to gain access to a multitude of services and features geared at achieving the success of their business. You can create an account on the site at no cost, however you’re only limited to having access to the leaderboard and follow 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 You’ll need to subscribe to any of Profit.ly’s offers that we’ll go over shortly.
Making an account simple: Create an account with your experience and skills, join to your brokerage account and you’ll be given a chance to shoot your way up to 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 the performance of the trading community as well as its gurus. It’s not only a chance to demonstrate that you’re worthy to the community of traders, but you can also utilize Profit.ly to purchase with a professional with the assurance that you’re comfortable in their skills and the legitimacy of their claims.
If you feel uneasy with the idea of divulging information about your account with a brokerage, then you could opt to post your trades, verified or not, via photographs. Also included in Profit.ly are a variety of courses in trading as well as the ability to look at the stats of a trader’s account as well as other ways to communicate with your gurus in 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 is famously known for his efforts in penny stock trading. According to Investopedia, a penny stock refers to a small-sized company’s stock that trades for less than $5 per share. Penny stock trading is a stepping stone for small companies to move into a larger market because it allows them to access money from the general public. But don’t make the mistake of thinking that it’s also an extremely risky game, as Sykes can surely tell because of his decades of expertise.
Beginning in his late years in High School, Tim Sykes has, since then, earned over $6 million of earnings through his lengthy career as trader. When he was 25 years old, he had been given greater exposure and an even wider impact as a participant in the reality TV show “Wall Street Warriors.” He made use of the show to create trading rooms as well as penny stock themes and educational material aimed at those who are just beginning to learn about the trading field. 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 most appealing features is the variety of education sources, trade alerts as well as other useful information provided by the platform’s in-house gurus. Gurus are referred to experts in the field of trading who have earned substantial amounts of money through their years of knowledge. Is Timothy Sykes Program Legit
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 prominent experts included Connor Bruggermann, Nathan Michaud of Investors Underground, and Triforce as well as a handful of others. At the time of writing, there are only two gurus who remain on the 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 what packaged deals 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. The cost is $74.95 monthly, you will see him focus on the fundamental stock catalysts and use them to predict the next moves that could occur when making trades.
A purchase on its own 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; and a daily stock watchlist.
Tim Sykes: From Tim Sykes: The Pennystocking Silver Package
Pennystocking Silver is the highest-quality version, with an upgraded version of Tim’s Alerts package. At $149.95 monthly, it is a great option for investors who are involved in penny stock trading. Pennystocking Silver comes with all the standard features of the previous plan, including alerts for swing trading and access to an extensive library of over 7,000 educational videos, with new ones released each week.
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From “Superman” Paul Scolardi: Superman Alerts
Scolardi who goes under the name “Superman,” is a swing trading professional with an eye for both tiny-cap massive stocks as well as wildly 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 Program Legit
The Superman Alerts plan is his package of vital features and trading alerts geared to those interested. For $147/month, you’ll get access daily stock watchlist that is premarket along with the mobile app, daily market commentary in real-time, as well as E-mail and SMS alerts.
From “Superman” Paul Scolardi: Superman Pro
For the price of $247, you receive additional features and access to a knowledgeable base of information provided by Superman himself through the Superman Pro package. Alongside the standard features that are included in the Alerts package, Superman Pro gives you daily video lessons, which include an ever-growing library of other previous ones. In addition you’ll also gain the ability to access premium reports on research as well as the IPO or earnings monitor.
Profit.ly Programs and Costs
If you’re ready to join the world of online trading and make a mark on the field, Profit.ly has the right amount of tools to get you started. The platform offers three membership tiers that are designed to accommodate traders with different levels. Let’s break down what these three tiers are and how much they’ll cost you.
Novice Plan
The Novice package is Profit.ly’s beginning-of-the-line plan specifically for those who are just beginning their journey 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 could call a ruthless procedure in its own.
Some of the features you can accomplish using Profit.ly’s Novice package include the capability to check the results of your trades and track profit; leading, following and even chatting with other traders; and providing feedback on trades today. It also allows you to be on leaderboards, analyze, sort, or filter the trades you make; and lastly, look at other people’s statistics.
The Novice plan is $29.95 per monthly payment. Although it might look appealing just by the price but there’s a disadvantage. It isn’t possible to create a private account, making your activities publicly available. If you’re looking to have an account with this option, you should keep an eye on us as we present to you Profit.ly’s next strategy.
Trader Plan
The Trader plan allows you to take advantage of many of the features of the Novice plan. In this plan, that you can set up an individual profile that allows you to share with fellow associates all your insights and knowledge you gain from trader’s community.
The price is $49.95/month, Profit.ly’s Trader plan will do what the name implies caters for those looking to develop their trading skills. Although it’s a nice thing, there is one significant aspect that’s not included. As opposed to the prior Novice package, this one won’t be able to see the statistics of other traders this might be a drawback for some who may be anticipating this level. Is Timothy Sykes Program Legit
Pro Plan
The Pro plan is the highest luxurious package Profit.ly could offer for seasoned traders. At $74.95 per month, with a 22% discount for annual billing This plan offers it all. You will have full, unrestricted access to all features of the prior plans.
Not only do you get to look at other people’s statistics as well, you’re also offered the opportunity to create an individual profile. These two features are plus the other advantages that you can utilize to the fullest potential. If you’re looking for a plan that can serve you with everything you require as trader with experience, the Pro level is for you!
Profit.ly’s Other Services
Apart from the provided trainer tools and leadersboards Profit.ly offers a number of additional services that it can offer. One of those is its online store, where customers can pick from a range of videos designed to inform and help you understand the ins and outs of trading. All of the products featured on this page of the website can be purchased immediately for personal use. Some of these include bestsellers like the “Trading Tickers” series from trading expert Tim Grittani, Timothy Sykes’s collection of DVDs, streaming-only content related to short stocking, penny stocking, and other things trading-related, clips and footage from events like the Annual Pennystocking Conference, and products from other expert traders.
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Chat rooms integrated into Profit.ly are as well part of Profit.ly’s variety of features and services. You’re probably familiar with the concept of the chat room since you can find it throughout social and messaging platforms in addition to a few special websites that provide live chat assistance. But in Profit.ly, it is seen as a real-time area where experts and member traders can communicate and exchange knowledge in real-time. Every guru has their own style in running their chat rooms and in dealing with the members. One might be laid back and less active, while another may be more interactive and online with their students. Consider chat rooms like Profit.ly’s version of the forum in essence.
Who is the Ideal Trader for Profit.ly?
Profit.ly’s variety of offerings and features cater to an array of stock traders, from beginners to experienced pros. Given the wide range of options it can provide this platform definitely has something for every person.
For instance, newbies can take advantage of Profit.ly’s library of learning information available on the platform. In addition, they will be enriched with weekly videos and chat room tips from its in-house gurus as well as their members. They’ll also be able to select from the products from its online store for them to take wherever they may go. You can also get hands-on experiences from trading within the platform, but ultimately they’ll be able to realize that trading is a high-stakes game that should not be viewed as a joke.
For the traders with many years of experience down the road, we consider Profit.ly equally suitable for them as it is for people who are just beginning. Although the novices might not be as well-equipped with dealing with trading issues but the experts already know how it works and the risky mix that come with it. In the ideal scenario, they can utilize Profit.ly’s array of features to their full advantage to enhance 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 doesn’t just apply to newbies or semi-experienced trader. Verified experts can also join in the fun! Trade professionals who are at an equal level with Superman or Tim Sykes can also use up Profit.ly’s capabilities to showcase their skills to others as a way to navigate them through the ever-changing trading process. Is Timothy Sykes Program Legit
Profit.ly’s Pros and Cons
The Pros
- Profit.ly’s many capabilities as a “one-stop” stock trading platform allows traders from all over the world with tons of learning tools, communication, and trading tools
- You’ll receive excellent training and insights from its internal experts, which include collections of educational videos as well as real-time trading activities
- You can be sure of complete transparency through Profit.ly with precise analytics as well as fellow traders ready to call you out whenever something happens
- The leaderboard feature on the platform gives you the chance to establish your credibility as a trustworthy and verifiable trader
- Apart from its main features, Profit.ly also gives its customers extra options that can be tailored to their needs, like posting unverifiable trades through screenshots
- Profit.ly’s diverse range of subscription plans and guru packages are priced at affordable rates There is truly something for everyone
The Cons
- Profit.ly’s bountiful stream of products and packages offered might be too much for most of its customers
- If traders decide to make any type of trade, there’s a possibility that some of them may take advantage by picking the most profitable trades to increase the rating this could be a risk that shouldn’t be simply overlooked
- Profit.ly does not offer refunds as its premium users are expected to immediately benefit from the number of features the platform is able to provide
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The Final Verdict is: Is Profit.ly Valued?
If we were able to come up with the answer, it would be yes. But it is important to realize that this platform shouldn’t be viewed as a get-rich-quick scheme. It wasn’t intended to be created for this reason. Instead, you should have curiosity. Is Timothy Sykes Program Legit
What we are referring to by ‘yes’ is that it could be a useful learning tool. Those who may be stuck may discover Profit.ly’s array of resources useful as they do their best to reduce losses and be more successful than they did before. Not only poor traders that can benefit from the platform. It will be able to accommodate beginners as well as even experts in the field!
So, if you genuinely desire to be better at trading and wish to be taught by your mentors and peers along the way, then you should look no further than Profit.ly. Profit.ly could be a good alternative to start.
FAQ Is Timothy Sykes Program Legit
How can you make use of Profit.ly to make your trades public?
Profit.ly offers the option of allowing trade entries in the My Trade category on the dashboard that allows you to post your trades, verifiable or otherwise. There are three choices:
- Connecting your account to your brokerage of choice and then importing trades directly from there
- Manually entering your trades using specified spaces and information.
- Take a photo of your trades
How do I know whether the trade is authentic or not?
If you purchase your trade from a trusted brokerage, there is a high chance that it is verifiable. This is indicated with the blue check mark. If you submit it manually or through pictures, it will be classified as unverified.
The disadvantage of an unauthentic trade is the possibility of receiving downvotes from colleagues. Too many downvotes may cause you to be listed on the Madoff leaderboard, where users can detect who’s being dishonest in posting trades.
Are the Profit.ly mobile application still available?
At the time of writing, Profit.ly is still available for download on the Apple App Store as well as 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 over 150,000 investors and traders since they’re not just seeking to make the most profit but also help each other develop and grow in their ability to take advantage of opportunities in the stock market both right and left.
