Stock trading can be an extremely risky game. On some days, you may be reaping the benefits of pleasing and positive numbers. On other days, however, the opposite may happen, and it may sometimes be very difficult to return to where you were at your best. If you’re constantly stuck in the gutter You will need be aware that relying solely on your instincts and preserving may not always be enough.
If you’ve suffered losses from time to time, you’re gonna be needing sound advice from tried-and-tested trading experts. You’re also gonna need an important boost from colleagues in the market from all over the world, which is why we’ve identified an online platform that will help you to improve your performance within the field. This review will be taking the time to 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.
Overall Rating: 4.1/5 Stocks To Trade Timothy Sykes Scam
The User’s Experience 4.5/5
Profit.ly offers an internet-based trading service that permits traders of different levels to be informative and accountable, as well as transparent and to build relationships with each other by offering a wide range of features and tools such as chat rooms, trade verification as well as an extensive library of educational content.
What is Profit.ly?
Profit.ly is a site for trading that serves both as a learning and training platform for traders who are starting out as well as a place for experienced traders to track their performance using the aid of cutting-edge analytics tools. Offering users a broad range of resources for communication and trade and letting traders from every field of business connect with each other. It gives the gurus worthwhile investments within the confines of the platform. Imagine it as the social media equivalent like Facebook and Reddit however it is geared towards professionals and traders.
Profit.ly independently verifies trade performances and then publishes the information from them in the style of leaderboards. The platform for trading is built on honesty and transparency: it makes sure that trades are valid and won’t allow for fraud as much as it is possible. It was established years ago by the penny stock trade expert and investment expert Timothy Sykes, along with the other expert Michael Mosseri.
In an interview with Forbes publication, Sykes stated that Profit.ly was motivated by its focus “on showing every trade, something that has never been prior to.” 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, and 2) giving all users to gain insight into the losses and wins for the trading industry’s benefit. Stocks To Trade Timothy Sykes Scam
How Does It How Does It
Profit.ly is a subscription-based platform which allows stock traders to benefit from a variety of tools and services that are geared towards achieving achievement. You can create an account on the site for free, but you’re only given the capability to browse the leaderboard and follow the activities of non-gurus. If you’re looking to invest your money to see what stocks the experts are trading in real-time it is necessary to join one of Profit.ly’s offers, which we will discuss in the near future.
Making an account easy: create an account that includes your personal information and knowledge, then connect to your brokerage account and you’ll be given the chance to climb through at the very top of the list. Profit.ly’s leaders’ board feature as mentioned previously was designed to offer its users a glimpse of their performance as a trading group and its experts. It’s not only a chance to demonstrate value to a community of traders, but you can also use Profit.ly to shop with a professional with the confidence that you are confident of their knowledge and the legitimacy of their assertions.
If you are unsure about the idea of divulging information about your account with a brokerage, then you could choose to publish your trades, whether verified or not, via photographs. Also included in Profit.ly is the huge selection of courses in trading and the capability to see statistics on a person’s profile, and more ways to interact with your experts through the chatroom in addition to notifications via email or text 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, a penny stock refers to a small company’s stock which trades at less than $5 per share. The penny stock market could be viewed as a stepping stone for small businesses to transition into a larger market because it gives them access to money from the general public. But don’t make the mistake of thinking that it’s also an extremely risky game, as Sykes will be able to tell you through his many years of experience.
Beginning at the end of his time in high school, Tim Sykes has, since then, made over $6 million of earnings through his lengthy career as trading professional. When he was 25 years old Sykes was given more exposure and a wider impact when he became part of the reality series “Wall Street Warriors.” He then made use of the show to develop trading rooms, penny stock themes, and educational content geared toward people who are brand new to the trading field. He also helped establish Profit.ly as a place for transparency and to allow the community to rise and compete with each other on the platform.
The Profit.ly Gurus
One of Profit.ly’s sweet inclusions is the vast array of learning sources, trade alerts as well as other useful information provided by the in-house experts of the platform. These gurus refer to the experts in trading who have made significant amounts of profit through their years of expertise. Stocks To Trade Timothy Sykes Scam
At its peak, Profit.ly had housed up to five gurus. Each of them a professional within their particular field in the field of trading. Some of the most prominent experts included Connor Bruggermann, Nathan Michaud of Investors Underground, and Triforce as well as a handful of others. At the time of writing, 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. In light of that, let’s take a look at the packaged offers each guru offers.
From Tim Sykes: Tim’s Alerts
Sykes provides a basic stock trading service that focuses on penny-stock day trading via Tim’s Alerts. Costing $74.95 for a month you’ll observe him focus on basic stock catalysts and employ them to predict the next move that is possible when trading.
A purchase on its own in Tim’s Alerts will get you access to the chatroom, as well as the mobile application that is available on iOS as well as Android devices; 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 highest-quality, upgraded version of the Tim’s Alerts package. At $149.95 monthly, it is an ideal plan for those who are involved in the penny-stock market. Pennystocking Silver comes with all the standard features that were included in the previous plan, such as swing trading alerts as well as unlimited access to a rich library of over 7,000 educational videos, with new ones released each week.
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From “Superman” Paul Scolardi: Superman Alerts
Scolardi, who goes by the name “Superman,” is a professional in swing trading with an eye for 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. Stocks To Trade Timothy Sykes Scam
The Superman Alerts plan is his package of vital features and trading alerts geared toward those who may be interested. For just $147 per month, you’ll have access daily stock watchlist that is premarket and the mobile app, the daily market updates in real-time, and email and SMS alerts.
From “Superman” Paul Scolardi: Superman Pro
For $247 per month, you can enjoy additional features, as well as access to the extensive knowledge base that is provided by Superman himself, via the Superman Pro package. On top of the essentials included in the Alerts package, Superman Pro gives you daily video lessons, which include a growing library of all other previous ones. In addition you’ll also have access to premium research reports and an IPO or earnings monitor.
Profit.ly plans and costs
If you’re ready to join the world of online trading and make a mark on the industry, Profit.ly has the right amount of resources to help you up and running. The platform offers three membership tiers that cater to traders with different levels. Let’s take a look at what these three are and how much they will cost you.
The Novice package is Profit.ly’s basic plan that is designed specifically for those who are just beginning their journey to the trading world. As you sign up for this plan you’ll be provided with a variety of powerful and vital trading tools, all of them integral in keeping your hands on what we could call a ruthless process in and of itself.
Among the list of things you can accomplish with Profit.ly’s Novice program is the ability to confirm trades and track profits; leading, following, and even messaging your fellow traders; and leaving feedback on today’s trades. It also allows you to be onto leaderboards; study the results of your analysis, sort, or filter the trades you make and, lastly, view other’s stats.
The Novice plan will cost $29.95 per month. Although it might look appealing for the price alone however, there’s a drawback. It isn’t possible to create a private account, making your personal information public. If you do want to get access to this feature, you should be watching for us to introduce to you Profit.ly’s next strategy.
The Trader Plan
The Trader plan allows users to benefit from the majority of features available in the Novice plan. In this plan, that you are able to create a private profile to share with other associates all your insights and information you have gained from the trading community.
The price is $49.95/month, Profit.ly’s Trader plan will do what the name implies: Cater to those who desire to improve their trading skills. Although it’s a nice thing, there is one significant element that’s missing. In contrast to the Novice package, you won’t be able to view the statistics of other traders that could be a problem for those looking forward to this tier. Stocks To Trade Timothy Sykes Scam
The Pro plan is the highest expensive plan Profit.ly could offer for seasoned traders. With $74.95 monthly, and an additional 22% discount when billed annually, this tier has it all. You will have full, unrestricted access to all features of the prior plans.
Not only do you get to see other users’ stats and data, but you also have the chance to create an individual profile. These two features are plus the other benefits that you can use to their fullest capacity. If you’re looking for a plan that can serve you everything you need as a skilled trader, maybe the Pro level is ideal for you!
Profit.ly’s Other Services
Apart from the trainer tools and leaderboards, Profit.ly offers a number of more services it has to offer. One of these is its online store, which lets users choose from a wide array of instructional videos that are created to guide you through the nuances and pitfalls of trading. The products listed in this section of the site can be bought immediately for your personal use. Some of these include bestsellers such as”Trading Tickers, “Trading Tickers” series from trading expert Tim Grittani, Timothy Sykes’s collection of DVDs and streaming-only content related to short stocking, penny stocking, and other aspects of trading. There are also clips and clips of The Annual Pennystocking Conference, and items from other experts in trading.
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Chat rooms integrated into Profit.ly are as well part of Profit.ly’s variety of services and features. You’re probably familiar with the concept of chat rooms since you will see it on social and messaging platforms in addition to a few special websites that provide live chat support. But on Profit.ly it’s seen as a real-time area where experts and members can interact and learn in real time. Every guru has their own way when it comes to running their chat room and dealing with the listed members there. One of them may be more laid back and less active, while another may be more interactive and online with their students. Consider chatrooms as Profit.ly’s version of a forum, in its essence.
Who is the ideal Trader for Profit.ly?
Profit.ly’s diverse range of products and features caters to an array of stock traders, ranging from novices to experienced professionals. Given the wide range of options it has to offer it is certain to have something for all.
Beginners, for instance, will appreciate Profit.ly’s collection of educational content offered throughout the platform. They will also be provided with videos every week and chat room advice from the in-house experts as well as their members. They’ll also be able to select from the products in its online store for them to take wherever they go. They can also gain hands-on experiences by trading through the platform, but eventually they’ll realize that the process is a risky game that should not be viewed as an opportunity to make fun of.
For those traders who have had many years of experience down the road, we consider Profit.ly as equally as suitable to the newcomers. Although the novices might not be as well-equipped with dealing with trading issues but the experts already know the way it functions and the plethora of risks associated with it. Ideally, they may utilize Profit.ly’s array of features to their best advantage to improve their trading skills. As beginners, they are able to learn from the top experts and experts and utilize those quick tips and tidbits along the way.
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! Those in the trading industry who are at the same level as Superman as well as Tim Sykes can also use the power of Profit.ly’s capabilities to showcase their expertise to other traders as a way to help navigate them through the ever-changing trading process. Stocks To Trade Timothy Sykes Scam
Profit.ly’s Pros and Pros and
- Profit.ly’s diverse capabilities as a “one-stop” stock trading platform allows traders from all over the world with an abundance of knowledge communications, trading, and communication tools
- You will be taught by experts and tips from the inside experts, as well as libraries of educational videos and live trading activity.
- You’re guaranteed transparency throughout Profit.ly with precise analytics as well as other traders who are ready to reach you out whenever something happens
- The leaderboard feature of the platform offers you the opportunity to increase your reputation as a reliable and authentic trader
- Apart from its core capabilities, Profit.ly also gives its users extra options to suit their needs, like posting trades that are not authentic by taking images
- Profit.ly’s diverse range of packages and subscription levels are priced at affordable rates There’s something for everyone
- Profit.ly’s bountiful stream of products and packages offered might be too much for a lot of its customers
- If traders decide to make any type of trade, there’s a possibility that some of them will profit by selecting the best trades in order to increase the rating – this may be a risk that shouldn’t be overlooked.
- Profit.ly does not accept refunds because its premium users are expected to immediately benefit from the many services the platform has to provide
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The Final Verdict The Final Verdict: Is Profit.ly worth it?
If we could come up with an answer to this question, it would be an affirmative “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 meant to be designed to achieve this goal. Instead, you need to have the ability to think with an open heart. Stocks To Trade Timothy Sykes Scam
What we do mean by ‘yes’ is that it can be a great learning tool. For those who are struggling, they could discover Profit.ly’s range of resources helpful when they try their best to incur lesser losses and be more successful than they did before. It’s not only the struggling traders that will profit from the platform. It will be able to accommodate beginners as well as even experts!
If you truly want to become more successful in trading and would like to learn from your peers and experts on the way, take a look at Profit.ly. Profit.ly may be a great choice to start.
FAQ Stocks To Trade Timothy Sykes Scam
How do you use Profit.ly to make your trades public?
Profit.ly has an entry section for trades within the My Trade’ category of the dashboard that lets you record your trades that are verified or otherwise. There are three choices:
- Linking your account with your broker of choice and import transactions directly through there
- Manually inputting your trades with specified spaces and information.
- Send a screen shot of your transactions
How do I know whether the trade can be verified or not?
If you buy your trade through a reliable brokerage, there is an excellent likelihood that it can be verified. This is indicated with the small blue check. If you upload 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 negative feedback from friends and colleagues. Too many downvotes may cause you to show up 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 this writing, Profit.ly is still available for download on the Apple App Store and the Google Play store. The mobile app version is compatible with the majority of working smartphones and tablets.
How many people are using Profit.ly?
Profit.ly currently houses over 150,000 traders and investors, because they are 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.