Stock trading can be an extremely risky game. On certain days, you could enjoy the benefits of positive and satisfactory numbers. On other days, however it could be the reverse and it can be very difficult to get back to where you were your peak. If you are always in the mud You will need to realize that relying on pure instinct and preservation may not always be enough.
If you’ve been incurring loss from time to time, you’re gonna be needing sound advice from tried-and-tested trading experts. Also, you’ll need an enormous boost from your trading partners from all over the globe. That’s why we’ve identified an online platform that will help you to improve your performance in the industry. This review will take an in-depth look at Profit.ly is a well-known 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.
Total Rating: 4.1/5 Is Timothy Sykes Real
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 various levels to be informative and accountable, as well as transparent and uplifting with each other by offering a wide variety of tools and features including trade verification, chat rooms as well as an extensive library of educational content.
How do I define Profit.ly?
Profit.ly is a trading site that serves both as a training and learning platform for those who are just beginning their journey and also as a platform for traders who are experienced to monitor their performance through the use of sophisticated analytics tools. Providing users with a wide array of options for trade and communication and letting traders from all walks of life network with one another. It offers gurus with worthwhile investments within the confines of this platform. Think of it as the social media equivalent like Facebook and Reddit but with a focus on experts and traders.
Profit.ly independently checks the performance of trades and posts all the data from them in the style of leaderboards. The platform for trading is built on transparency and honesty: it guarantees that the trades are valid and won’t allow for fraud as much as it is possible. It was founded many years ago by penny stock trade expert and investment guru Timothy Sykes, along with the other expert Michael Mosseri.
In an interview with Forbes magazine, Sykes said that Profit.ly was based “on the transparency of all trades, something that was never previously done.” The concept was, he said, serving two objectives: one) creating public track records for not just the gurus, but also the newsletter authors and students as well as) making it possible for all users to learn from the losses and wins to the benefit of the trading industry. Is Timothy Sykes Real
How Does It Work?
Profit.ly is a subscription-based platform that lets stock traders have access to a range of services and features geared at achieving the success of their business. You can create an account there at no cost, however you’re only given the capability to browse the leaderboards and monitor the actions of non-gurus. If you’re looking to invest your money to see which stocks the gurus are trading in real-time You’ll need to sign up to one of Profit.ly’s deals that we’ll go over shortly.
Setting up an account is simple: Create an account that includes your personal information and knowledge, then connect to your brokerage account and you’ll have a chance to shoot your way to at the very top of the list. Profit.ly’s Leaderboard function, which was previously mentioned was designed to offer its users a glimpse of the performance of the trading community and its gurus. It’s not only a chance to show your worth to a community of traders, but you can also utilize Profit.ly to shop with a professional with the confidence that you are confident with their expertise and the legitimacy of their assertions.
If you’re not comfortable with the idea of divulging information about your account with a brokerage, you may opt to post your trades, either verified or not, by taking photographs. In Profit.ly is the huge selection of courses in trading, the ability to view statistics on a person’s profile, and more ways to connect with your gurus through the chatroom in addition to 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 has been famously known for delving his hands into trades in penny stocks. According to Investopedia Penny stock refers to a small-sized company’s stock that trades for less than $5 per share. The trading of penny stocks could be viewed as an avenue for small companies to move to a large marketplace as it gives them access to money from the general public. But don’t be mistaken – it’s also an extremely risky activity, as Sykes will be able to tell you through his many years of expertise.
From his beginnings at the end of his time in the high schools, Tim Sykes has, since then, earned an estimated $6 million earnings during his long and successful career as trading professional. When he was 25 years old Sykes was given greater exposure and a larger influence over time when he became part of the reality TV show “Wall Street Warriors.” Then, he made use of the show to develop trading rooms, penny stock themes, and educational content geared toward those who are just beginning to learn about the trading field. He also played a role in establishing Profit.ly as a platform for openness, and for the community to lift each other up and compete against each other through the platform.
The Profit.ly Gurus
One of Profit.ly’s amazing features is the variety of education resources, trade alerts, and other useful stuff offered by the company’s internal gurus. These gurus refer to experts in the field of trading who have made substantial amounts of money from their collective years of knowledge. Is Timothy Sykes Real
At its peak, Profit.ly had housed up to five gurus, each of them a professional in their field of expertise in the field of trading. Some of the most prominent experts were Connor Bruggermann, Nathan Michaud of Investors Underground, and Triforce, among a few others. At the time of writing, however, only two gurus remain on this platform: 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 take a look at the packages each guru can offer.
From Tim Sykes: Tim’s Alerts
Sykes provides an essential stock trading service with the main priority being penny stock day trading through Tim’s Alerts. The cost is $74.95 monthly, you’ll see him focus on the fundamental catalysts for stocks and utilize them to anticipate the next possible moves in trading.
A purchase on its own in Tim’s Alerts will get you access to the chatroom as well as the mobile app that’s available to iOS as well as Android devices, as well as email, text and push alerts; as well as a daily watchlist of stocks.
Tim Sykes: From Tim Sykes: The Pennystocking Silver Package
Pennystocking Silver is the premium, upgraded version of the Tim’s Alerts package. Priced at $149.95 for a month this is a great option for investors who are involved in the penny-stock market. Pennystocking Silver comes with all the standard features of the previous plan, such as swing trading alerts and unlimited access to a collection of more than 7,000 educational videos that are updated weekly.
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From “Superman” Paul Scolardi: Superman Alerts
Scolardi who is known under the name “Superman,” is a trader who has an eye for small-cap monumental stocks and crazy-accurate marketing forecasts. Since when he first started trading, Superman has amassed over $5.5 million in trading profits. Is Timothy Sykes Real
The Superman Alerts plan is an offering of essential features and trading alerts geared towards those who might be interested. For $147/month, you’ll get access to the daily premarket stock watchlist as well as the mobile application, daily market commentary in real time, and SMS and e-mail alerts.
In “Superman” Paul Scolardi: Superman Pro
For $247 per month, you can enjoy additional features, as well as access to an extensive base of knowledge of information provided by Superman himself through Superman Pro. Superman Pro package. Alongside the standard features included in the Alerts plan, Superman Pro gives you daily video lessons, which include the growing collection of previous lessons. In addition you’ll also gain the ability to access premium reports on research and an IPO or earnings monitor.
Profit.ly plans 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 up and running. The platform has three membership levels, each designed for traders at different levels. Let’s break down what these three tiers are and how much they’ll cost you.
Novice Plan
The package called Novice is Profit.ly’s entry-level plan designed especially for those who are just beginning their journey to the trading world. When you sign to this plan, you will be immediately offered a range of strong and vital trading tools, all of which is essential to keep your hands on what we can describe as a cutthroat procedure in its own.
Among the list of things you can do using Profit.ly’s Novice package is the ability to confirm the results of your trades and track profit as well as leading, following, and even messaging your fellow traders; and providing feedback on trades today. You’re also allowed to get on leaderboards, analyze your trades, sort as well as filter trades and, lastly, view other’s stats.
The Novice plan will cost $29.95 per month. While it may look attractive just by the price however, there’s a drawback. You aren’t able to create a personal profile, thus making your personal information public. If you do want to have access to this feature, you should keep an eye on us as we present to you Profit.ly’s new plan.
The Trader Plan
The Trader package lets you to use a majority of features from The Novice package. It is in this plan that you are able to create an individual profile that allows you to share with fellow associate users all the insights and information you have gained from this trading group.
Priced at $49.95/month, Profit.ly’s Trader plan will do what the name implies caters for those looking to harness their expertise in trading. While it’s nice but there’s one important feature that is missing. As opposed to the prior Novice package, you won’t be able to view other traders’ stats this could be a problem for those who are looking forward to this tier. Is Timothy Sykes Real
Pro Plan
This is by far the most luxurious package Profit.ly could offer for seasoned traders. It costs $74.95 monthly, with 22% off for annual billing the Pro plan has everything. You get full, no-holds-barred access to all options of the previous plans combined.
Not only do you get to view other people’s stats, but you’re also given the option of creating an individual profile. Both of these features, on top of all the benefits that you can use to the fullest potential. If you’re looking for a plan that can serve you with everything you require as an experienced trader, the Pro plan is ideal for you!
Profit.ly’s Other Services
Apart from the provided training tools and the leadersboards Profit.ly provides a variety of additional services that it can provide. One of those is its online store, which lets users pick from a range of instructional videos that are created to help you understand the ins and outs of trading. The products listed in this section of the site can be purchased immediately for personal use. Some of these include bestsellers like”Trading Tickers, “Trading Tickers” series from trading professional Tim Grittani, Timothy Sykes’s collection of DVDs, streaming-only content related to short stocking, penny stocking, and all other aspects of trading. There are also clips and footage from events like the Annual Pennystocking Conference, and items from other experts in trading.
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The chat rooms that are integrated are included in Profit.ly’s array of services and features. You are probably familiar with the concept of the chat room as you can see it across social and messaging platforms and also on a few specialty websites that offer live chat support. However, in Profit.ly it’s seen as a hands-on space where experts and their members trade and share knowledge in real-time. Each guru has their style when it comes to running their chat room and dealing with the listed members there. One of them may be laid back and not very often active, while another may be more online and communicative in their interactions with students. Think of chat rooms like Profit.ly’s version of the forum, in the essence.
Who is the ideal trader to Profit.ly?
Profit.ly’s wide range of products and features cater to the wide range of stock traders, from novices to the most experienced. Considering the number of offers it has to offer this platform definitely has something for all.
Beginners, for instance, can take advantage of Profit.ly’s knowledge-based content offered throughout the platform. In addition, they will get daily videos and chat room tips by its internal gurus as well as their members. Additionally, they can select from the products in its online store that they can take with them wherever they travel. They can also gain hands-on experience trading on the platform, but ultimately they’ll realize that the process is a risky game that should not be viewed as a joke.
For the traders with many years of experience down the line, we see Profit.ly equally suitable to those who are just starting. While novice traders may not be as well-equipped with handling trading matters however, experienced traders know how it works along with the stack full of risks that it carries. It is ideal to use Profit.ly’s variety of options to their maximum advantage to develop their skills in trading. Like beginners, they can learn from the top experts and experts and utilize those simple tips and hints along the way.
Profit.ly’s “all-inclusive” nature isn’t limited to novices or semi-experienced trader. Certified experts can also take part in the fun! Trade professionals who are at the same level as Superman and Tim Sykes can also use up Profit.ly’s capabilities to display their skills to others as a way to navigate them through the ever-changing trading process. Is Timothy Sykes Real
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 communications, trading, and communication tools
- You will receive excellent training and advice from the company’s inside experts, as well as libraries of educational videos and trading in real-time.
- You can be sure of complete transparency through Profit.ly with precise analytics and fellow traders that are waiting to reach you out if something occurs.
- The leaderboard feature of the platform offers you the chance to establish your reputation as a reliable and authentic trader
- Apart from its core features, Profit.ly also gives its customers extra options that can be tailored to their individual preferences, for instance, posting trades that are not authentic by taking screenshots
- Profit.ly’s variety of packages and subscription levels are priced at a reasonable cost There’s something for all
The Cons
- Profit.ly’s abundance of packages and services offered could be too much for the majority of its customers
- Since traders can choose to make any type of trade, there is an opportunity that some them may take advantage by picking the most profitable trades to improve their ratings This could be a problem that shouldn’t be ignored.
- Profit.ly will not allow refunds because its premium users are expected to instantly benefit from the many features the platform is able to offer
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The Final Verdict is: Is Profit.ly worth it?
If we could think of the answer, it would be an affirmative “yes”. But it is important to realize that it shouldn’t be treated as a quick-fix scheme to make money. The platform wasn’t originally meant to be designed for this reason. Instead, it is best to keep curiosity. Is Timothy Sykes Real
What we are referring to by ‘yes’ is that it can be a great learning tool. For those who are struggling, they may be able to find Profit.ly’s range 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 in the field!
So, if you genuinely 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 could be a good choice to start.
FAQ Is Timothy Sykes Real
How can you make use of Profit.ly to make your trades public?
Profit.ly offers a trade entry portion in the “My Trade category on the dashboard which allows you to post your trades, either verified or not. There are three options:
- Linking your account with your brokerage of choice and importing trades directly from there
- Manually entering your trades into specified spaces and information.
- Upload a screenshot of your transactions
How can I tell if the trade is verifiable or not?
If you buy your trade through a reliable brokerage, there’s a high chance that it is verifiable. This is shown by the blue check mark. If you submit it manually or through images, it will be assigned as unverified.
The downside of having an unauthentic trade is the risk of receiving negative feedback from friends and colleagues. A large number of downvotes could result in you appearing at the top of the Madoff leaderboard, where users are able to identify who is dishonest in posting trades.
Are the Profit.ly mobile app still in use?
As of the moment, Profit.ly is still available to download from the Apple App Store as well as the Google Play store. The mobile app version works with all functioning tablets and smartphones.
How many are on Profit.ly?
Profit.ly currently houses more than 150,000 investors and traders, since they’re not just trying to maximize profits but also help each other grow and learn more about acquiring opportunities in the stock market left and right.