The stock market can be a high-stakes game. On some days, you could be reaping the benefits of pleasing and positive numbers. On other days, however it could be the reverse and it can be very difficult to get back to the point you were at your peak. If you are always in the mud it is important to recognize that relying on your instincts and preserving is not always enough.
If you’ve suffered occasional losses You’ll need solid advice from seasoned and tested trading experts. Additionally, you’ll require an enormous boost from your trading partners from all over the globe, which is why we’ve identified a platform that can support you in your growth in the market. In this review, we’ll be taking a 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. To get a comprehensive overview of Profit.ly, you may still want to check out our article below.
Overall Rating: 4.1/5 Is Timothy Sykes Real Or A Scam
User Experience: 4.5/5
Profit.ly can be described as an online platform for trading that permits traders of different levels to be informed and accountable, as well as transparent and uplifting with each other through its broad variety of tools and features like trade verification, chat rooms and a rich library of educational material.
What is Profit.ly?
Profit.ly is a trading website which serves as a learning and training platform for people who are starting out and also as a platform for experienced traders to track their performance through the use of sophisticated analytics tools. Providing users with a wide variety of tools for trade and communication that help traders from all walks of life connect with one another. It also allows gurus to make worthy investments within the boundaries of the platform. Consider it a social media site akin to Facebook and Reddit however it is geared towards experts and traders.
Profit.ly independently validates trade performance and publishes all data from them in the form of leaderboards. The trading platform is built on honesty and transparency: it ensures that the trades are valid and won’t tolerate inauthenticity as much as possible. It was founded years ago by the penny expert in stock trading and investment expert Timothy Sykes, along with the other expert Michael Mosseri.
One time during his appearance in Forbes magazine Sykes stated that Profit.ly was based “on the transparency of the entire spectrum of trades, something which has never been done before.” The idea, he added, served two objectives: one) making public records for everyone, not just the experts, but also the newsletter writers and students as well as) making it possible for all users to learn from the losses and wins for the trading industry’s benefit. Is Timothy Sykes Real Or A Scam
How Does It Perform?
Profit.ly utilizes a subscription model that allows stock traders to gain access to a multitude of services and features geared toward the success of their business. You may set up an account at no cost, however you’re only limited to having the capability to browse the leaderboard and observe the actions of non-gurus. If you’re looking to invest your money in order to find out what stocks the experts are trading in real-time You’ll need to sign up to one of Profit.ly’s deals, which we will review in the coming days.
Setting up an account is simple: Create an account with your experience and expertise, connect to your brokerage account and you have yourself a chance to shoot your way up to at the very top of the list. Profit.ly’s leaders’ board feature as we’ve mentioned earlier, is designed to give its users a look at their performance as a trading group and its gurus. It’s not only a chance to prove that you’re worthy to the large group of traders, but you are also able to use Profit.ly to shop with a professional with the assurance that you’re comfortable with their expertise and the credibility of their assertions.
If you’re not comfortable with the idea of sharing your brokerage account, you may opt to post your trades, either verified or not, by taking screenshots. In Profit.ly are the vast number of trading classes, the ability to view the stats of a trader’s account as well as other ways to interact with your experts through the chatroom as well as email and text alerts as well as updates.
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Meet the Founder: Tim Sykes
Timothy Sykes is a well-renowned day trader who is famously known for his efforts in trades in penny stocks. According to Investopedia Penny stock refers to a small company’s stock which trades at under $5 for each share. The penny stock market can be seen as an avenue for small businesses to transition to a market that is larger as they can access money from the public. But don’t make the mistake of thinking that it’s also an extremely risky activity, as Sykes can surely tell through his many years of expertise.
From his beginnings in his late years in High School, Tim Sykes has, since then, made an estimated $6 million profit through his lengthy career as a trader. At the age of 25, he had been given greater exposure and a larger reach of influence when he was a part of the reality series “Wall Street Warriors.” He then used the opportunity to establish trading rooms and penny stock themes and educational content geared toward people who are brand new to trading. He also played a role in establishing Profit.ly as a platform 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 educational sources, trade alerts and other helpful stuff provided by the company’s internal gurus. The gurus in question refer to experts in the field of trading who have proven to make substantial profits from their collective years of knowledge. Is Timothy Sykes Real Or A Scam
At its height, Profit.ly had housed up to five gurus. Each of them a pro in their field of expertise within the world of trading. Some of the most famous experts were Connor Bruggermann, Nathan Michaud of Investors Underground, and Triforce, among a few others. At the time of writing, there are only two gurus who 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. In light of that, let’s take a look at the packages each guru has to offer.
From Tim Sykes Tim Sykes: Tim’s Alerts
Sykes offers an essential stock trading service which focuses on penny stock day trading through Tim’s Alerts. Costing $74.95 monthly, you’ll be able to see him concentrate on the fundamental catalysts for stocks and utilize them to predict the next possible moves in trading.
A standalone purchase of Tim’s Alerts will get you access to the chatroom as well as the mobile app available for 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 highest-quality, upgraded version of the Tim’s Alerts program. Priced at $149.95 for a month this is a great option for investors who are involved in the penny-stock market. Pennystocking Silver offers all the essential features of the previous plan, including swing trading alerts and unlimited access to a library of over 7,000 educational videos, with new ones released each week.
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The following video is from “Superman” Paul Scolardi: Superman Alerts
Scolardi who is known 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 he began as a trader, Superman has amassed over $5.5 million in total trading earnings. Is Timothy Sykes Real Or A Scam
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 premarket stock watchlist as well as the mobile application, daily market commentary shown in real time, and email and SMS alerts.
The film “Superman” Paul Scolardi: Superman Pro
At $247/month, you get additional features, plus access to a knowledgeable base provided by Superman himself via Superman Pro. Superman Pro package. In addition to the basic features featured in the Alerts plan, Superman Pro gives you weekly video lessonsthat include the growing collection of the previous ones. In addition you’ll also gain access to premium research reports and the IPO as well as earnings tracking tool.
Profit.ly Plans and Costs
If you’re looking to join the world of online trading and make a mark on the industry, Profit.ly has the right amount of resources to get you up and running. The platform offers three membership tiers that are designed to accommodate traders of 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 entry-level plan designed especially for people who are brand new to the trading world. When you sign to this plan you’ll be offered a range of strong and indispensable trading tools, each of them integral in keeping your fingers on what could call a ruthless process in and of itself.
The list of features you can do with Profit.ly’s Novice package include the ability to verify trades and track profits and follow-up, leading, and even messaging other traders; and providing feedback on trades today. You can also get onto leaderboards; study the results of your analysis, sort, or filter the trades you make; and, finally, see the statistics of other traders.
The Novice plan is $29.95 per month. Although it might look appealing for the price alone, there is a downside. You can’t create a private profile, thus making your personal information public. If you’re looking to get access to this feature, be watching for us to introduce to you Profit.ly’s next strategy.
The Trader package allows users to benefit from the majority of features available in The Novice package. In this plan, that you can create an account that is private to share with fellow associate users all the insights and intel in the trading community.
Priced at $49.95/month, Profit.ly’s Trader plan does what the name suggests caters to those who desire to develop their skills in trading. While it’s nice, there is one significant aspect that’s not included. In contrast to the Novice package, you won’t be able to view other traders’ stats, which could be a disadvantage for some who may be anticipating this level. Is Timothy Sykes Real Or A Scam
This is by far the most luxurious package Profit.ly could offer for seasoned traders. With $74.95 per month, with a 22% discount for billing annually the Pro plan has it all. It gives you full, unlimited access to all features from the two previous plans.
In addition, you’ll be able to look at other people’s statistics, but you’re also given the option of creating an individual profile. Both of these options, plus the other advantages that you can utilize to their fullest capacity. If you’re looking for an account that will give you with everything you require as a skilled trader, maybe the Pro tier could be the right choice for you!
Profit.ly’s Other Services
In addition to the trainer tools and leadersboards Profit.ly provides a variety of other services they provide. One of those is its online store, which allows users to pick from a range of instructional videos that are designed to inform and guide you through the ins and outs of trading. Each of the offerings listed on this page of the website can be bought immediately for your personal use. Among these products include best-sellers such as the “Trading Tickers” series by trader professional Tim Grittani, Timothy Sykes’s collection of DVDs, streaming-only content on short stocking, penny 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 as well part of Profit.ly’s range of services and features. You are probably familiar with the chat room since you will see it on messaging and social platforms, in addition to a few special websites that offer live chat assistance. However, in Profit.ly, it is seen as a real-time place where gurus and their member traders can communicate and share knowledge in real-time. Each guru has their style in operating their chat room and in dealing with the members. Some may be laid back and not very often active, while another might be more online and communicative in their interactions with students. Think of the chatrooms as Profit.ly’s version of the forum, in its essence.
Who is the Ideal trader to Profit.ly?
Profit.ly’s variety of offerings and features cater to the wide range of stock traders, ranging from beginners to experienced pros. Considering the number of offers it offers this platform definitely has something for everyone.
For instance, newbies can take advantage of Profit.ly’s knowledge-based materials available across the platform. Not only will they get daily videos and chat room advice by its internal gurus and members. They’ll also be able to choose from the items in its online store that they can take with them wherever they be. You can also get hands-on experiences by trading through the platform, but ultimately they’ll be able to realize that this is a high-stakes game that shouldn’t be taken as an amusing pastime.
For those traders who have had decades of experience in the road, we consider Profit.ly equally suitable to them as those who are just starting. Although the novices might not be as well-equipped with handling trading matters, the pros already understand how it works and the risky mix associated with it. It is ideal to utilize Profit.ly’s range of options to their maximum advantage to improve their trading skills. As beginners, they are able to learn from the top experts as well as experts, and take advantage of quick tips and tidbits to help them along.
Profit.ly’s “all-in” approach does not only apply to beginners or semi-experienced trader. Experts who have been verified can also participate in the fun! People in the trade industry who are on an equal level with Superman as well as Tim Sykes can also use Profit.ly’s capabilities. Profit.ly’s capabilities to display their skills to others as a way to help guide them through the ever-illustrious trading process. Is Timothy Sykes Real Or A Scam
Profit.ly’s Pros and Pros and
- Profit.ly’s numerous capabilities as a ‘one-stop’ stock trading platform allows traders from all over the world with a wealth of education communications, trading, and communication tools
- You get to be provided with excellent lessons and tips from the in-house gurus, including libraries of educational videos and real-time trading activities
- You’re assured of transparency throughout Profit.ly by using accurate data as well as other traders ready to call you out if something occurs.
- The platform’s leaderboard feature gives you a way to build your credibility as a trustworthy and dependable trader
- Apart from its core abilities, Profit.ly also gives its customers extra options that can be tailored to their needs, like posting unauthentic trades via images
- Profit.ly’s diverse range of subscription levels and guru packages are priced at a reasonable cost There is truly something for all
- Profit.ly’s numerous packages and services offered could not be enough for the majority of its users
- If traders decide to open any kind of trade, there is 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 many services that the platform can offer
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The Final Verdict The Final Verdict: Is Profit.ly worth it?
If we were able to come up with an appropriate answer for this query, it would be a ‘yes’. However, you must realize that the platform should not be used as a scheme to get rich quick. The platform was not always intended to be created in this way. Instead, you need to have the ability to think with an open heart. Is Timothy Sykes Real Or A Scam
What we are referring to”yes” is that it could be a useful learning tool. For those who are struggling, they could discover Profit.ly’s array of resources to be helpful when they try their best to incur lesser loss and perform better than they did before. It’s not only the poor traders that can profit from the platform. It will be able to accommodate beginners as well as even experts!
If you truly care about being a better trader and want to be taught by your mentors and peers along the way, then look no further – Profit.ly could be a good alternative to start.
FAQ Is Timothy Sykes Real Or A Scam
What are the best ways to use Profit.ly to post your trades?
Profit.ly has an entry section for trades in the ‘My Trade section of the dashboard. It lets you post your trades, either verified or otherwise. There are three choices:
- Linking your account to the brokerage of choice and then importing trades directly from there
- Manually inputting your trades with specified spaces and information.
- Upload a screenshot of your transactions
What can I do to determine if the trade is verifiable or not?
If you buy your trade from a trusted brokerage, there’s a high 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 downside of having an unverified trade is the chance of getting downvotes from your fellow peers. Too many downvotes may cause you to be listed on the Madoff leaderboard, which is where the public can see who’s fraudulent in posting trades.
Are the Profit.ly mobile application still available?
As of the moment, Profit.ly is still available to download via 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 people are currently on Profit.ly?
Profit.ly is currently home to over 150,000 investors and traders, as they not only are trying to maximize profits but also assist each other to develop and grow in their ability to take advantage of opportunities in the stock market all over the world.