Stock trading can be a high-stakes game. On certain days, you could be reaping the benefits of pleasing and positive numbers. On other days, the opposite may happen, and it may sometimes be extremely difficult to return to where you were your peak. If you’re constantly stuck in the gutter You will need be aware that relying solely on your instincts and preserving is not always enough.
If you’ve been incurring loss from time to time You’ll need reliable advice from tested and tried trading experts. You’re also gonna need a significant boost from your fellow traders from around the globe. That’s why we’ve identified a platform that can support you in your improvement in the industry. We’ll be taking an in-depth look at Profit.ly, a well-recognized 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 Should I Buy Timothy Sykes Plan
The User’s Experience 4.5/5
Profit.ly offers an internet-based trading service that enables traders of all levels to be knowledgeable, transparent, accountable, and encouraging one another through its wide variety of tools and features like chat rooms, trade verification and a rich library of educational content.
What exactly is Profit.ly?
Profit.ly is a trading site that functions as a learning and training platform for those who are just beginning their journey as well as a place for experienced traders to track their performance through the use of advanced analytics tools. Providing users with a wide array of options for communication and trade, it helps traders from every field of business connect with one another. It offers gurus with worthy investments within the boundaries of this platform. Think of it as the social media equivalent to Facebook and Reddit, but for traders and experts.
Profit.ly independently validates trade performance and publishes all data of them in the manner of leaderboards. The trading platform is built on transparency and honesty: it makes sure that trades are authentic and won’t tolerate inauthenticity as much as possible. It was created many years ago by penny stock trade expert and investment guru Timothy Sykes, along with the other expert Michael Mosseri.
One time , during an appearance in Forbes magazine, Sykes declared that Profit.ly was driven by its focus “on the transparency of every trade, something that has never been prior to.” The idea Sykes said served two goals: 1.) creating public track records for all traders, not just the gurus as well as students and newsletter writers, and 2) allowing everyone on the platform to be enlightened by both losses and wins for the trading industry’s benefit. Should I Buy Timothy Sykes Plan
How Does It How Does It
Profit.ly is a subscription-based platform which allows stock traders to have access to a range of tools and services that are geared at achieving success. It is possible to create an account there for free, but you’re only limited to having the ability to navigate through the leaderboard and follow the activities of people who aren’t gurus. If you’re ready to invest your money in order to find out which stocks the gurus are trading in real-time You’ll need to subscribe to any of Profit.ly’s offerings, which we will go over shortly.
Making an account simple: Create an account that includes your personal information and knowledge, then connect 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 we’ve mentioned earlier it is designed to provide its users an insight into how the community of traders performs as well as its experts. You’re not just allowed to demonstrate value to a community of traders, as you can also utilize Profit.ly to shop with a professional with the assurance that you’re confident with their expertise and the veracity of their claims.
If you are unsure about the idea of sharing the details of your broker account then you could choose to publish your trades, verified or not, via screenshots. 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, and more ways to communicate with your gurus in the chatroom, as well as text and e-mail alerts and updates.
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Meet the Founder: Tim Sykes
Timothy Sykes is a well-renowned day trading personality who is well-known for delving his hands into penny stock trading. According to Investopedia the term “penny stock” is a small business’s stock that trades for less than $5 per share. The penny stock market could be viewed as an avenue for small companies to move into a larger market because they can access capital from the public. However, don’t get it wrong – it’s also an extremely risky game, as Sykes can surely tell thanks to his years of expertise.
Beginning in his late years in High School, Tim Sykes has, since then, made over $6 million of profits throughout his illustrious career as trading professional. At 25 years old, he had been given greater exposure and an even wider reach of influence as a participant in the reality TV show “Wall Street Warriors.” He then used the opportunity to establish trading rooms, penny stock themes, and educational content geared toward people who are brand new to trading. He also helped establish Profit.ly as a platform for transparency, and to allow the community to rise and compete against each other through the platform.
The Profit.ly Gurus
One of Profit.ly’s sweet inclusions is the variety of education tools, trade alerts and other useful stuff offered by the in-house experts of the platform. Gurus are referred to the trading experts who have proven to make substantial profits from their combined years of expertise. Should I Buy Timothy Sykes Plan
At its height, Profit.ly had housed up to five gurus, all of them a pro in their niche in the field of trading. Some of the most famous experts included Connor Bruggermann, Nathan Michaud of Investors Underground, and Triforce as well as a handful of others. As of this 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. With that taken into consideration we’ll take a look at the packaged offers each guru has to offer.
From Tim Sykes Tim Sykes
Sykes provides a basic stock trading service which focuses on penny-stock day trading via Tim’s Alerts. The cost is $74.95 monthly, you’ll observe him focus on fundamental catalysts for stocks and utilize them to predict the next moves that could occur when trading.
A single purchase in Tim’s Alerts will get you access to the chatroom and the mobile application that is available for iOS as well as Android devices; texts, emails and push alerts; and a daily stock watchlist.
from Tim Sykes: The Pennystocking Silver Package
Pennystocking Silver is the most premium, upgraded version of the Tim’s Alerts package. It costs $149.95 per month, this is an ideal plan for those who are more involved in investing in penny stocks. Pennystocking Silver comes with all the standard features of earlier plans which includes swing trading alerts and unlimited access to a library of over 7,000 educational videos that are updated each week.
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In “Superman” Paul Scolardi: Superman Alerts
Scolardi who is known under the alias “Superman,” is a swing trading professional with an eye for both small-cap monumental stocks and crazy-accurate marketing forecasts. Through the years since the time he started trading, Superman has amassed over $5.5 million in all-time trading earnings. Should I Buy Timothy Sykes Plan
The Superman Alerts plan is an offer of the most essential features and alerts on trading geared towards those who might be interested. For $147 per month, you’ll gain access daily stock watchlist that is premarket along with the mobile app, the daily market commentary shown in real-time, as well as SMS and e-mail alerts.
In “Superman” Paul Scolardi: Superman Pro
For the price of $247, you receive additional features, plus access to the extensive knowledge base that is provided by Superman himself through Superman Pro. Superman Pro package. Alongside the standard features that are included in the Alerts package, Superman Pro gives you daily video lessons, which include a growing library of all the previous ones. Additionally you’ll also have the ability to access premium reports on research as well as the IPO or earnings monitor.
Profit.ly Plans and Costs
If you’re ready to join the world of online trading and leave a mark in the field, Profit.ly has the right amount of tools to get you started. The platform has three membership levels, each designed for traders of different levels. Let’s take a look at what these three are and how much they will cost you.
The package called Novice is Profit.ly’s basic plan that is designed specifically for those who are new to the world of trading. When you sign to this plan you’ll be offered a range of strong and essential trading tools, each of them integral in keeping your fingers on what we could call a ruthless procedure in its own.
Some of the features you can accomplish with Profit.ly’s Novice package include the ability to confirm trades and track profits as well as leading, following and even chatting with other traders; and providing feedback on trades today. You can also get onto leaderboards; study your trades, sort or filter the trades you make; and, finally, see other people’s statistics.
The Novice plan will cost $29.95 per month. Although it looks attractive simply because of the price however, there’s a drawback. It isn’t possible to create a private profile, which makes your activities publicly available. If you’re looking to get an account with this option, stay tuned as we introduce to you Profit.ly’s next strategy.
The Trader package lets users to benefit from a majority of features from The Novice package. In this plan, that you can set up an account that is private to share with fellow associates all your insights and information you have gained from trader’s community.
The price is $49.95/month, Profit.ly’s Trader plan does what the name suggests catering for those looking to harness their skills in trading. Although it’s a nice thing however, there’s a crucial feature that is missing. In contrast to the Novice package, you won’t be able to see the statistics of other traders that could be a disadvantage for some who may be looking forward to this tier. Should I Buy Timothy Sykes Plan
The Pro plan is the highest luxurious package Profit.ly offers to experienced traders. With $74.95 monthly, with an additional 22% discount for annual billing, this tier has everything. You get full, no-holds-barred access to all the options of the previous plans.
You’re not only able to look at other people’s statistics, but you’re also given the opportunity to create an individual profile. Both of these options, in addition to the advantages that you can utilize to the fullest potential. If you’re looking for an account that will give you with everything you require as trader with experience, the Pro tier could be for you!
Profit.ly’s Other Services
Apart from the provided training tools and the leadersboards Profit.ly provides a variety of other services they provide. One of those is its online store, which lets users pick from a range of video products designed to inform and provide guidance on the ins and outs of trading. Each of the offerings listed on this page of the site can be purchased immediately for personal use. Among these products include best-sellers like”Trading Tickers,” the “Trading Tickers” series by trading specialist Tim Grittani, Timothy Sykes’s library of DVDs and streaming-only content on short stocking, penny stocking, as well as all related to trading, videos and scenes taken from events like the Annual Pennystocking Conference, and items from other experts in trading.
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Chat rooms integrated into Profit.ly are included in Profit.ly’s variety of services and features. You may be familiar with chat rooms since you can see it across messaging and social platforms, as well as some specialty websites that offer live chat support. But on Profit.ly the chat room is viewed as a real-time place where gurus and their members trade and exchange knowledge in real-time. Every guru has their own way in running their chat rooms and in dealing with the members there. One of them may be laid back and less active, while another may be more online and communicative in their interactions with students. Consider chat rooms as Profit.ly’s version of the forum, in essence.
Who is the Ideal trader to Profit.ly?
Profit.ly’s variety of offerings and features caters to an array of stock traders, ranging from novices to the most experienced. With the variety of deals it has to offer it is certain to have something for everyone.
Beginners, for instance, can take advantage of Profit.ly’s library of learning materials available across the platform. They will also be enriched with weekly videos and chat room tips by its internal gurus and their members. They’ll also be able to select from the products from its online store that they can take with them wherever they may go. Additionally, they can gain practical experiences from trading within the platform, but eventually they’ll be able to realize that this is a high stakes game that shouldn’t be treated as a joke.
For the traders with years of exposure down the line, we believe Profit.ly equally suitable to them as people who are just beginning. While the newbies may not be as well-equipped with dealing with trading issues, the pros already understand the way it functions and the plethora of risks that come with it. Ideally, they may make use of Profit.ly’s range of options to their maximum advantage to develop their trading skills. Like beginners, they can learn from the experts as well as experts, and take advantage of simple tips and hints throughout the process.
Profit.ly’s “all-in” approach isn’t limited to novices and semi-experienced traders. Verified experts can also join in the fun! People in the trade industry who are at the same level as Superman and Tim Sykes can also use the power of Profit.ly’s capabilities to display their skill to others in order to navigate them through the ever-changing trading process. Should I Buy Timothy Sykes Plan
Profit.ly’s Pros and Cons
- Profit.ly’s numerous capabilities as a “one-stop” stock trading platform enable traders across the globe with a wealth of education, communication, and trading tools
- You’ll be taught by experts and advice from the company’s inside experts, as well as video libraries that teach you how to learn and real-time trading activities
- You’re assured of transparency throughout Profit.ly with precise analytics as well as 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 credibility as a trustworthy and verifiable trader
- Apart from its main capabilities, Profit.ly also gives its users extra options to suit their individual preferences, for instance, posting trades that are not authentic by taking screenshots
- Profit.ly’s variety of subscription levels and guru packages are priced at affordable rates – there truly is something for everyone
- Profit.ly’s numerous packages and products offered may not be enough for the majority of its customers
- As traders may opt to make any type of trade, there’s an opportunity that some them may take advantage by selecting the best trades in order to boost their rating this could be a risk that shouldn’t be overlooked.
- Profit.ly will not allow refunds because its premium users are expected to instantly benefit from the number of services that the platform can offer
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The Final Concluding Question is: Is Profit.ly Valued?
If we could come up with the answer, it’s yes. But it is important to realize that it shouldn’t be treated as a quick-fix scheme to make money. The platform was not always designed to be used to achieve this goal. Instead, it is best to keep curiosity. Should I Buy Timothy Sykes Plan
What we are referring to by ‘yes’ is that it could be a useful learning tool. Those who may be stuck might be able to find Profit.ly’s array of resources helpful as they do their best to incur lesser loss and perform better than they did before. It’s not only the poor traders that can benefit from the platform. It can accommodate beginners and even experts!
So, if you genuinely care about being better at trading and wish to be taught by your fellows and gurus on the way, look no further – Profit.ly may be a great option to begin.
FAQ Should I Buy Timothy Sykes Plan
How do you use Profit.ly to post your trades?
Profit.ly has an entry section for trades under the My Trade category on the dashboard. It lets you record your trades that are verified or not. You may choose between three choices:
- Linking your account with your brokerage of choice and importing transactions directly through 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 purchase your trade from a trusted brokerage, there’s a high likelihood that it can be verified. This is evident by the small blue check. If you post the information manually or via images, it will be assigned as unverified.
The drawback of posting an unauthenticated trade is the possibility of getting downvotes from your colleagues. A large number of downvotes could result in you appearing at the top of the Madoff leaderboard, which is where the public are able to identify who is 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 version of the app works with all functioning tablets and smartphones.
How many people are using Profit.ly?
Profit.ly currently houses more than 150,000 investors and traders, since they’re not just looking to earn maximum profits but also assist each other to learn and improve in acquiring stock market opportunities all over the world.