Stock trading is an exciting game with high stakes. Some days, you might be reaping the benefits of positive and satisfying numbers. On other days you may experience the opposite and it could be extremely difficult to get back to where you were at your peak. If you are constantly stuck in the gutter You will need to realize that relying on your instincts and preserving might not be enough.
If you’ve experienced occasional losses, you’re gonna be needing sound advice from tried-and-tested trading experts. You’re also gonna 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 in the market. We’ll take the time to 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. To get a comprehensive overview of Profit.ly, you may still want to check out our article below.
Total Rating: 4.1/5 Profit Ly Tim Sykes Trades
Value: 4.1/5
Quality: 4.1/5
Costs: 4.1/5
The User’s Experience 4.5/5
Summary
Profit.ly can be described as an online platform for trading that enables traders of all levels to be knowledgeable responsible, transparent, and encouraging one another through its wide array of tools and features such as trade verification, chat rooms and a rich library of educational material.
How do I define Profit.ly?
Profit.ly is a trading site which serves as a training and learning platform for those 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 range of resources to facilitate trade and communication, it helps traders from all walks of life network with each other. It gives the gurus an opportunity to invest in the right areas of the platform. Consider it the social media equivalent like Facebook and Reddit but with a focus on traders and experts.
Profit.ly independently validates trade performance and posts all the data from them in the style of leaderboards. The platform’s trading model is based on honesty and transparency: it ensures that the trades are valid and won’t tolerate inauthenticity as much as is humanly possible. It was founded many years ago by penny stock trade expert and investment expert Timothy Sykes, along with the other expert Michael Mosseri.
One time during his appearance in Forbes magazine, Sykes said that Profit.ly was driven by its focus “on showing every trade, something that has never been previously done.” The concept was, he said, serving two goals: 1.) keeping track of public data for all traders, not just the gurus as well as newsletter authors and students, and 2) giving all users to be enlightened by both losses and wins to benefit the industry of trading. Profit Ly Tim Sykes Trades
How Does It How Does It
Profit.ly is a subscription-based platform which allows stock traders to benefit from a variety of features and services aimed towards achieving success. You may set up an account there for free, but you’re limited to the capability to browse the leaderboard and follow the activities of non-gurus. If you’re looking to invest your money and see what stocks the experts are trading in real-time You’ll need to join one of Profit.ly’s deals that we’ll discuss in the near future.
Making an account easy: create a profile with your experiences and skills, join your brokerage account, and you have yourself an opportunity to make your way up to high on the leaderboard. Profit.ly’s leaders’ board feature as we’ve mentioned earlier it is designed to provide its users a look at the performance of the trading community and its experts. It’s not just a way to prove value to a community of traders. You can also utilize Profit.ly to buy with a guru, and have the assurance that you’re confident of their knowledge and the veracity of their claims.
If you’re not comfortable with the concept of leaking your brokerage account, you may decide to share your trades, verified or not, via pictures. Included in Profit.ly is the huge selection of courses in trading, the ability to view stats in a trader’s profile as well as other ways to connect with your gurus via chatrooms along with email and text alerts as well as updates.
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Meet Tim Sykes, the founder: Tim Sykes
Timothy Sykes is a well-renowned day trading guru who has been famously known for his efforts in penny stock trading. According to Investopedia, a penny stock refers to a small company’s stock that trades for just less than 5 cents per share. The penny stock market can be seen as a stepping stone for small companies to move to a market that is larger as they can access money from the general public. But don’t make the mistake of thinking that it can also be an extremely risky game, as Sykes is sure to reveal because of his decades of experience.
Since his initial beginnings in his late years in High School, Tim Sykes has, since then, made over $6 million of earnings throughout his illustrious career as a trader. When he was 25 years old, he had been given more exposure and a wider reach of influence when he became part of the reality show “Wall Street Warriors.” Then, he used the opportunity to establish trading rooms as well as penny stock themes and educational material aimed at those who are new to the trading field. He also helped to establish Profit.ly as a place of transparency and for the community to lift each other up and compete on the platform.
The Profit.ly Gurus
One of Profit.ly’s amazing features is the vast array of education resources, trade alerts, and other helpful stuff provided by the platform’s in-house gurus. These gurus refer to the trading experts who have made substantial profits from their combined years of experience. Profit Ly Tim Sykes Trades
At its height, Profit.ly had housed up to five gurus, all of them an expert within their particular field 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 and 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 can offer.
From Tim Sykes Tim Sykes
Sykes offers a basic stock trading service which focuses on penny-stock day trading via Tim’s Alerts. The cost is $74.95 per month, you’ll be able to be able to see him concentrate on the basic stock catalysts and employ them to forecast the next move that is possible when trading.
A standalone purchase in Tim’s Alerts will get you access to the chatroom, as well as the mobile app available on iOS and Android devices, email, text and push alerts and a daily stock watchlist.
Tim Sykes: From Tim Sykes: The Pennystocking Silver Package
Pennystocking Silver is the premium version, with an upgraded version of Tim’s Alerts package. It costs $149.95 for a month this is a great option for investors who are committed to the penny-stock market. Pennystocking Silver comes with all the standard features found in the previous plan, which includes alerts for swing trading and access to a library of more than 7,000 instructional 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 swing trading professional with an eye for tiny-cap massive stocks as well as wildly accurate marketing forecasts. Through the years since the time he started trading, Superman has amassed over $5.5 million in total trading profits. Profit Ly Tim Sykes Trades
The Superman Alerts package is his package of vital features and trading alerts geared to those interested. For $147 per month, you’ll gain an access to the day-to-day stock watchlist that is premarket along with the mobile app, daily market commentary in real-time, as well as E-mail and SMS alerts.
In “Superman” Paul Scolardi: Superman Pro
At $247/month, you get additional features and access to an extensive base of knowledge that is provided by Superman himself through his Superman Pro package. In addition to the basic features featured in the Alerts plan, Superman Pro gives you daily video lessons, which include an ever-growing library of previous lessons. On top of that you’ll also have an access to high-quality research papers as well as the IPO and earnings tracker.
Profit.ly Programs and Costs
If you’re eager to join the online trading community and leave your mark on the industry, Profit.ly has the right amount of resources to help you started. Profit.ly offers three membership tiers that are designed to accommodate traders with different levels. Let’s look at what the three are and how much they will cost you.
Novice Plan
The Novice package is Profit.ly’s entry-level plan designed especially for those who are just beginning their journey to the trading world. When you sign up for 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 could call a ruthless procedure in its own.
Some of the features you can accomplish using Profit.ly’s Novice package include the ability to verify trades and track profits and follow-up, leading and even texting your fellow traders, as well as leaving feedback on today’s trades. You’re also allowed to get on leaderboards; analyze your trades, sort and filter your trades and lastly, look at other people’s statistics.
The Novice plan will cost $29.95 per month. Although it looks attractive just by the price, there is a downside. You can’t create a private profile, thus making your actions public. If you’re interested in have access to this feature, stay tuned as we introduce to you Profit.ly’s new plan.
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 account that is private for sharing with fellow associate users all the insights and intel in trader’s community.
Priced at $49.95/month, Profit.ly’s Trader plan is exactly what it says caters to those who desire to harness their skills in trading. While it’s nice but there’s one important aspect that’s not included. As opposed to the prior Novice package, this one won’t be able to view other traders’ statistics that might be a drawback for those who are anticipating this level. Profit Ly Tim Sykes Trades
Pro Plan
The Professional plan can be described as the highest expensive plan Profit.ly can offer to experienced traders. It costs $74.95 monthly, which includes a 22% discount for billing annually the Pro plan has everything. You will have full, unrestricted access to all options of the previous plans combined.
Not only do you get to see other users’ stats and data, but you also have the chance to create an individual profile. Both of these options, on top of all the benefits that you can use to the maximum extent. If you’re in search of an option that gives you with everything you require as a skilled trader, maybe the Pro tier could be for you!
Profit.ly’s Other Services
Apart from the tools for training and leadersboards Profit.ly provides a variety of more services it has to provide. One of those is its online store, where customers can select from a variety of videos designed to inform and guide you through 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, “Trading Tickers” series by trading professional Tim Grittani, Timothy Sykes’s collection of DVDs and streaming-only content on short stocking, penny stocking, and all other related to trading, videos and footage from events like the Annual Pennystocking Conference, and products from other expert traders.
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The integrated chat rooms are as well part of Profit.ly’s array of features and services. You may be familiar with the concept of the chat room since you can see it across messaging and social platforms, and also on a few specialty websites that offer live chat assistance. But on Profit.ly, it is seen as a place where gurus and their members can interact and exchange knowledge in real-time. Each guru has their style in operating their chat room and in dealing with the members. Some may be a laid-back person who is less engaged, while another could be more online and communicative to their pupils. Consider chatrooms as 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 a large variety of stock trader types, from beginners to experienced pros. Considering the number of offers it can provide this platform definitely has something for every person.
Newbies, for instance, will appreciate Profit.ly’s library of learning information available on the platform. In addition, they will get daily videos and chat room tips from the in-house experts as well as their members. They’ll also be able select from the products from its online store that they can take with them wherever they travel. You can also get hands-on experience trading on the platform, but ultimately, they will soon learn that this is a risky game that shouldn’t be treated as an amusing pastime.
For traders who have decades of experience in the line, we believe Profit.ly as equally as suitable to those who are just starting. While the newbies may not be as proficient in dealing with trading issues, the pros already understand how it works along with the stack full of risks that it carries. It is ideal to make use of Profit.ly’s variety of features to their best advantage to develop their skills in trading. As beginners, they are able to study from the gurus as well as experts, and take advantage of short tips and tricks along the way.
Profit.ly’s “all-in” approach isn’t limited to novices and semi-experienced traders. Certified experts can also take part in the fun! Those in the trading industry who are at similar levels to Superman as well as Tim Sykes can also use the power of Profit.ly’s capabilities to display their skill to others in order to assist them in the ever-changing trading process. Profit Ly Tim Sykes Trades
Profit.ly’s Pros and Pros and
The Pros
- Profit.ly’s numerous capabilities as a “one-stop’ stock trading platform allows it to provide traders everywhere with a wealth of education, communication, and trading tools
- You’ll be taught by experts and tips from the inside experts, as well as collections of educational videos as well as live trading activity.
- You’re guaranteed transparency throughout Profit.ly by using accurate data and fellow traders ready to call you out if something occurs.
- The platform’s leaderboard feature gives you the opportunity to increase your reputation as a reliable and verifiable trader
- Apart from its main features, Profit.ly also gives its customers additional options to meet their preferences, such as posting unverifiable trades through images
- Profit.ly’s variety of subscription plans and guru packages are priced at reasonable prices There’s something for everyone
The Cons
- Profit.ly’s numerous packages and products offered may seem overwhelming for the majority of its customers
- If traders decide to open any kind of trade, there’s a possibility that some of them may take advantage by cherry-picking the best trades to increase the rating This could be a risk that shouldn’t be simply overlooked
- Profit.ly does not offer refunds as the premium customers are expected to instantly benefit from the number of features the platform is able to provide
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The Final Verdict is: Is Profit.ly Worth It?
If we could come up with an answer to this question, it would be an affirmative “yes”. However, you must realize that it shouldn’t be treated as a quick-fix scheme to make money. The platform was not always meant to be designed in this way. Instead, you should have the ability to think with an open heart. Profit Ly Tim Sykes Trades
What we mean by ‘yes’ is that it can be a great learning tool. People who are stuck may discover Profit.ly’s range of resources useful as they do their best to incur lesser loss and perform better than before. It’s not just the poor traders that can benefit from the platform. It can accommodate beginners and even experts!
If you really desire to be more successful in trading and would like to learn from your fellows and gurus on the way, look no further – Profit.ly is a fantastic alternative to start.
FAQ Profit Ly Tim Sykes Trades
How do you use Profit.ly to make your trades public?
Profit.ly has the option of allowing trade entries within the My Trade section of the dashboard that lets you 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 into the spaces provided and details
- Take a photo of your trades
How can I tell whether the trade is authentic or not?
If you import your trade from a trusted brokerage, there’s a high probability that it’s verifiable. This is shown by the blue check mark. If you submit it manually or through pictures, it will be assigned as unverified.
The downside of having an unauthentic trade is the chance of getting downvotes from your colleagues. Too many downvotes may cause you to show up at the top of the Madoff leaderboard, where people can see who’s dishonest in posting trades.
Are the Profit.ly mobile app still available?
As of this writing, Profit.ly is still available for download on the Apple App Store as well as on the Google Play store. The mobile app version is compatible with most working smartphones and tablets.
How many people are connected to Profit.ly?
Profit.ly currently houses more than 150,000 investors and traders because they are not just trying to maximize profits but also to help one another grow and learn more about acquiring stock market opportunities all over the world.
