Stock trading is an exciting game with high stakes. On some days, you could be reaping the benefits of positive and satisfying numbers. On other days, the opposite may happen, and it may sometimes be very difficult to get back to where you were your best. If you find yourself constantly stuck in the gutter, you will have be aware that relying solely on pure instinct and preservation may not always be enough.
If you’ve suffered loss from time to time and you’re likely to require solid advice from seasoned and tested trading experts. You’re also gonna need a significant boost from your colleagues in the market from all over the globe. That’s why we’ve discovered an option that can help you to improve your performance within the field. This review will be taking the time to look at Profit.ly A well-respected one-stop 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. To get a comprehensive overview of Profit.ly, you may still want to check out our article below.
Total Rating: 4.1/5 Is Timothy Sykes Scam Or Legit
Value: 4.1/5
Quality: 4.1/5
Costs: 4.1/5
The User’s Experience 4.5/5
Summary
Profit.ly offers an internet-based trading service that enables traders of all levels to be informed and accountable, as well as transparent and uplifting with one another through its wide range of features and tools such as trade verification, chat rooms as well as an extensive library of educational material.
What is Profit.ly?
Profit.ly is a site for trading that serves both as a learning and education platform for traders new to trading and as a hub for traders who are experienced to monitor their performance with the help of sophisticated analytics tools. Providing users with a wide array of options for trade and communication that help traders from all walks of life connect with each other. It offers gurus with an opportunity to invest in the right areas of the platform. Consider it the social media equivalent the likes of Facebook and Reddit, but for experts and traders.
Profit.ly independently verifies trade performances and publishes all data from them in the form of leaderboards. The trading platform is built on honesty and transparency: it ensures that the transactions are legitimate and will not accept fake news as long as possible. It was created years ago by the penny expert in stock trading and investment expert Timothy Sykes, along with the other expert Michael Mosseri.
In an appearance in Forbes publication, Sykes declared that Profit.ly was motivated by its focus “on the transparency of all trades, something that has never been previously done.” This idea was, he said, serving two purposes: 1) making public records for everyone, not just the experts as well as students and newsletter writers as well as) making it possible for everyone on the platform to be enlightened by both losses and wins to the benefit of the trading industry. Is Timothy Sykes Scam Or Legit
How Does It How Does It
Profit.ly utilizes a subscription model which allows stock traders to gain access to a multitude of features and services aimed toward the success of their business. It is possible to create an account at no cost, however you’re only limited to having the ability to navigate through the leaderboard and follow the actions of non-gurus. If you’re interested in investing your money in order to find out what stocks the experts are trading in real time it is necessary to join one of Profit.ly’s offers that we’ll go over shortly.
The process of opening an account is easy: create a profile with your experiences and knowledge, then connect to your brokerage account and you’ll have the chance to climb your way up to the top of the leaderboard. Profit.ly’s Leaderboard function, which was previously mentioned was designed to offer its users an insight into how the community of traders performs as well as its experts. You’re not just allowed to prove value to a large group of traders, as you can also use Profit.ly to purchase with a professional with the confidence that you are confident with their expertise and the veracity of their claims.
If you are unsure about the idea of divulging your brokerage account, you can opt to post your trades, whether verified or not, via pictures. Included in Profit.ly are a variety of trading courses and the capability to see stats in a trader’s profile, and more ways to interact with your experts 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 delving his hands into penny stock trading. According to Investopedia Penny stock refers to a small company’s stock that trades for just less than 5 cents per share. Penny stock trading is an opportunity for small companies to move into a larger market because it gives them access to capital from the general public. However, don’t get it wrong – it can also be an extremely risky activity, as Sykes will be able to tell you through his many years of experience.
Since his initial beginnings in his late years in High School, Tim Sykes has, since then, earned over $6 million of profits throughout his illustrious career as trader. When he was 25 years old Sykes was given greater exposure and an even wider impact when he was a part of the reality TV show “Wall Street Warriors.” He used the opportunity to establish trading rooms as well as penny stock themes and educational content geared toward those who are just beginning to learn about trading. He also helped establish Profit.ly as a place of transparency, and to allow the community to rise and compete against each other on the platform.
The Profit.ly Gurus
One of Profit.ly’s sweet inclusions is the wide range of learning sources, trade alerts as well as other useful information provided by the company’s internal gurus. Gurus are referred to the trading experts who have made significant amounts of profit from their combined years of expertise. Is Timothy Sykes Scam Or Legit
At its peak, Profit.ly had housed up to five gurus, all of them an expert in their niche within the world of trading. Some of the most famous experts included Connor Bruggermann, Nathan Michaud of Investors Underground, and Triforce among others. As of this writing, however, only two gurus 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. In light of that, let’s take a look at what packaged deals each guru can offer.
From Tim Sykes Tim Sykes
Sykes offers a basic stock trading service with the main priority being penny stock day trading through Tim’s Alerts. At $74.95 per month, you will observe him focus on basic stock catalysts and employ them to predict the next possible moves in trading.
A purchase on its own of Tim’s Alerts will get you access to the chatroom and the mobile app that’s available for iOS as well as Android devices; email, text and push alerts; and a daily stock watchlist.
from Tim Sykes: The Pennystocking Silver Package
Pennystocking Silver is the premium version that has been upgraded of the Tim’s Alerts program. It costs $149.95 monthly, this is a great option for those who are more committed to investing in penny stocks. Pennystocking Silver offers all the essential features of prior plans, which includes swing trading alerts and unlimited access to a rich collection of more than 7,000 educational videos and new videos released each week.
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In “Superman” Paul Scolardi: Superman Alerts
Scolardi who is known under the name “Superman,” is a professional in swing trading with an eye for both small-cap monumental stocks and crazy-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 Scam Or Legit
The Superman Alerts package is his offering of essential features and trading alerts targeted to those interested. For $147/month, you’ll get an access to the day-to-day premarket stock watchlist along with the mobile application, daily market updates in real time, and E-mail and SMS alerts.
In “Superman” Paul Scolardi: Superman Pro
For the price of $247, you receive additional features and access to an extensive base of knowledge that is provided by Superman himself through the Superman Pro package. On top of the essentials featured in the Alerts plan, Superman Pro gives you weekly video lessons, including a growing library of all other previous ones. Additionally, you’ll also get an access to high-quality research papers as well as an IPO and earnings tracker.
Profit.ly Programs 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 tools to get you going. Profit.ly offers three membership levels 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.
Novice Plan
The package called Novice is Profit.ly’s beginning-of-the-line plan specifically for those who are just beginning their journey to the world of trading. As you sign up for this plan you’ll be given a slew of robust and essential trading tools, each of them integral in keeping your hands on what we could call a ruthless procedure in its own.
Some of the features you can do using Profit.ly’s Novice package is the ability to confirm the results of your trades and track profit and follow-up, leading and even texting other traders; and giving feedback on the trades of today. It also allows you to be onto leaderboards; study the results of your analysis, sort, and filter your trades and, finally, see other people’s statistics.
The Novice plan is $29.95 per monthly payment. Although it looks attractive just by the price but there’s a disadvantage. It isn’t possible to create a private profile, which makes your actions public. If you do want to have an account with this option, stay tuned as we introduce to you Profit.ly’s new plan.
The Trader Plan
The Trader package allows users to benefit from a majority of features from The Novice package. This plan allows that you can set up an account that is private to share with other associate users all your knowledge and intel in this trading group.
Priced at $49.95/month, Profit.ly’s Trader plan is exactly what it says caters people who want to improve their trading skills. While it’s nice, there is one significant element that’s missing. Unlike the previous Novice package, you will not be able to view other traders’ statistics that might be a drawback for those eager to try this new tier. Is Timothy Sykes Scam Or Legit
Pro Plan
The Pro plan is the most luxurious package Profit.ly offers to experienced traders. With $74.95 per month, and 22% off for annual billing the Pro plan has everything. It gives you full, unlimited access to all options of the prior plans.
You’re not only able to look at other people’s statistics as well, you’re also offered the chance to create an individual profile. These two features are in addition to the benefits that you can use to the maximum extent. If you’re in search of an option that gives you everything you need as trader with experience, the Pro level is for you!
Profit.ly’s Other Services
In addition to the training tools and the leaderboards, Profit.ly has a few more services it has to offer. One of these is its online store, where customers can choose from a wide array of videos that are designed to educate and provide guidance on the nuances and pitfalls of trading. Each of the offerings listed in this section of the website can be bought immediately for your personal use. Among these products include best-sellers such as”Trading Tickers,” the “Trading Tickers” series by trading specialist Tim Grittani, Timothy Sykes’s collection of DVDs, streaming-only content related to short stocking, penny stocking, as well as all things trading-related, clips and scenes taken 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 also part of Profit.ly’s range of services and features. You may be familiar with the concept of chat rooms since you can see it across social and messaging platforms, in addition to a few special websites that provide live chat support. However, in Profit.ly, it is seen as a area where experts and member traders can communicate and exchange knowledge in real-time. Each guru has their style when it comes to running their chat room and in dealing with the members. One of them may be a laid-back person who is rarely active, while another might be more interactive and online with their students. Think of the chat rooms like Profit.ly’s version of the forum, in essence.
Who is the Ideal trader to Profit.ly?
Profit.ly’s wide range of products and features caters to the wide range of stock trader types, from beginners to experienced pros. Considering the number of offers it offers this platform definitely has something for everyone.
For instance, newbies will appreciate Profit.ly’s library of learning 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 select from the products on its store online to carry with them wherever they may be. Additionally, they can gain practical experience trading on the platform, but ultimately they’ll be able to realize that this is a high stakes game that shouldn’t be taken as a joke.
For traders who have decades of experience in the road, we consider Profit.ly equally suited for them as it is for the newcomers. While novice traders may not be as well-equipped with handling trading matters but the experts already know the way it functions and the stack full of risks that come with it. It is ideal to utilize Profit.ly’s variety of features to their best advantage to develop their trading skills. As beginners, they are able to learn from the top experts and experts , and use those quick tips and tidbits throughout the process.
Profit.ly’s “all-inclusive” nature doesn’t just apply to newbies or semi-experienced trader. Experts who have been verified can also participate in the fun! People in the trade industry who are at the same level as Superman or Tim Sykes can also use the power of Profit.ly’s abilities to show off their expertise to other traders as a way to help assist them in the ever-changing trading process. Is Timothy Sykes Scam Or Legit
Profit.ly’s Pros and Pros and
The Pros
- Profit.ly’s numerous capabilities as a “one-stop” stock trading platform enable it to provide traders everywhere with tons of learning, communication, and trading tools
- You will receive excellent training and insights from its in-house gurus, including libraries of educational videos and trading in real-time.
- You’re guaranteed transparency throughout Profit.ly by using accurate data and fellow traders who are ready to reach you out if something occurs.
- The leaderboard feature on the platform gives you the opportunity to increase your reputation as a reliable and authentic trader
- Apart from its main capabilities, 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 images
- Profit.ly’s wide array of packages and subscription levels are priced at reasonable prices There’s something for everyone
The Cons
- Profit.ly’s bountiful stream of packages and products offered may be too much for the majority of its customers
- As traders may opt to make any type of trade, there is an opportunity that some them will profit by cherry-picking the best trades to increase the rating this could be a problem that shouldn’t be ignored.
- Profit.ly does not accept refunds, as its premium users are expected to immediately take advantage of the numerous services the platform has to provide
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The Final Verdict: Is Profit.ly Valued?
If we could come up with an answer to this question, it’s a ‘yes’. But it is important to realize that the platform should not be used as a get-rich-quick scheme. The platform wasn’t originally intended to be created for this reason. Instead, you should have an open mind. Is Timothy Sykes Scam Or Legit
What we do mean”yes” is it is a fantastic learning tool. People who are stuck might discover Profit.ly’s array of resources useful in their efforts to reduce losses and perform better than before. It’s not just the struggling traders who will benefit from this platform. It can accommodate beginners and even experts!
If you really want to become a better trader and want to be taught by your fellows and gurus throughout the process, then take a look at Profit.ly. Profit.ly is a fantastic alternative to start.
FAQ Is Timothy Sykes Scam Or Legit
How can you make use of Profit.ly to publish your trades?
Profit.ly has an entry section for trades within the My Trade’ category of the dashboard which lets you record your trades, either verified or otherwise. You may choose between three choices:
- Linking your account to the brokerage of choice and then importing the trades from that directly
- Manually inputting your trades with specified spaces and information.
- Upload a screenshot of your trades
What can I do to determine if the trade is verifiable or not?
If you purchase your trade from a trusted brokerage, there is a high probability that it’s verifiable. This is indicated with the blue check mark. If you post it in a manual way or by taking images, it will be classified as unverified.
The drawback of posting an unauthenticated trade is the possibility of receiving downvotes from colleagues. A large number of downvotes could result in you appearing in the Madoff leaderboard, where people are able to identify who is fraudulent in posting trades.
Does 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 is compatible with most functioning tablets and smartphones.
How many people 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 to help one another develop and grow in their ability to take advantage of stock market opportunities all over the world.
