The stock market can be a high-stakes game. On some days, you might have the benefit of positive and satisfying numbers. However, on other days, the opposite may happen and it can be extremely difficult to get back to the point you were at your most productive. If you are always in the mud it is important to realize that relying on instinct and survival may not always be enough.
If you’ve experienced losses from time to time You’ll need 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 globe, which is why we’ve found an online platform that will help you to improve your performance within the field. This review will be taking a look at Profit.ly A well-respected single-stop social platform to trade!
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 Tim Sykes Challenge Scam
Value: 4.1/5
Quality: 4.1/5
Costs: 4.1/5
Users Experience 4.5/5
Summary
Profit.ly is an online trading platform that enables traders of different levels to be knowledgeable, transparent, accountable, and uplifting with one another through its wide array of tools and features such as trade verification, chat rooms, and an enriched library of educational content.
What is Profit.ly?
Profit.ly is a trading website which serves as a learning and training platform for people new to trading and also as a platform for traders with experience to keep track of their performance with the help of cutting-edge analytics tools. Offering users a broad variety of tools for trade and communication and letting traders from all walks of life connect with each other. It gives the gurus worthy investments within the boundaries of this platform. Imagine it as a social media site akin the likes of Facebook and Reddit however it is geared towards professionals and traders.
Profit.ly independently validates trade performance and posts all the data from them in the form of leaderboards. The platform’s trading model is based on honesty and transparency: it makes sure that trades are valid and won’t allow for fraud as much as is humanly possible. It was founded in the past by penny expert in stock trading and investment expert Timothy Sykes, along with the other expert Michael Mosseri.
In an interview for Forbes magazine, Sykes declared that Profit.ly was based “on the transparency of all trades, something that was never prior to.” The concept Sykes said served two purposes: 1) keeping track of public data for everyone, not just the experts, but also the newsletter authors and students, and 2) making it possible for everyone on the platform to be enlightened by the losses and wins for the trading industry’s benefit. Tim Sykes Challenge Scam
How Does It Perform?
Profit.ly is a subscription-based platform that lets stock traders benefit from a variety of services and features geared towards achieving the success of their business. You can create an account there at no cost, however you’re limited to the capability to browse the leaderboard and observe the activities of people who aren’t gurus. If you’re ready to invest your money and see what stocks the experts are trading in real-time You’ll need to subscribe to any of Profit.ly’s offers, 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 the top of the leaderboard. Profit.ly’s Leaderboard function, which was previously mentioned, is designed to give its users a glimpse of how the community of traders performs and its experts. It’s not only a chance to demonstrate your worth to a community of traders, as you can also utilize Profit.ly to purchase with a guru, and have the assurance that you’re comfortable with their expertise and the veracity of their assertions.
If you are unsure about the idea of divulging information about your account with a brokerage, you can decide to share your trades, whether verified or not, by taking screenshots. Included in Profit.ly are a variety of trading classes as well as the ability to look at stats in a trader’s profile as well as other ways to interact with your experts through the chatroom as well as email and text alerts as well as updates.
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Meet the Founder: Tim Sykes
Timothy Sykes is a well-renowned day trading guru who is well-known for his efforts in penny stock trading. According to Investopedia, a penny stock refers to a small-sized company’s shares that trade for less than $5 per share. Penny stock trading can be seen as an avenue for small businesses to transition into a larger market because they can access money from the public. However, don’t get it wrong – it’s also a high-risk game, which Sykes is sure to reveal thanks to his years of expertise.
Beginning in his late years in High School, Tim Sykes has, since then, earned over $6 million of profits throughout his illustrious career as trader. At the age of 25, he had been given greater exposure and a larger impact when he became part of the reality TV show “Wall Street Warriors.” He then made use of the show to develop trading rooms as well as penny stock themes and educational material aimed at people who are brand new to trading. He also helped establish Profit.ly as a place for transparency, and for the community to lift each other up and compete on the platform.
The Profit.ly Gurus
One of Profit.ly’s sweet inclusions is the vast array of education tools, trade alerts as well as other useful information provided by the platform’s in-house gurus. The gurus in question refer to the experts in trading who have proven to make significant amounts of profit through their years of experience. Tim Sykes Challenge Scam
At its height, Profit.ly had housed up to five gurus, each of them an expert in their niche 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: Founder as well as 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 the packages each guru can offer.
From Tim Sykes Tim Sykes
Sykes offers an essential stock trading service with the main priority being penny stock day trading through Tim’s Alerts. Costing $74.95 for a month you’ll be able to be able to see him concentrate on the fundamental catalysts for stocks and utilize them to forecast the next possible moves in trading.
A single purchase in Tim’s Alerts will get you access to the chatroom and the mobile app available to iOS and Android devices, as well as text, e-mail and push alerts and a daily stock watchlist.
Tim Sykes: 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 per month, it is a great option for those who are committed to the penny-stock market. Pennystocking Silver comes with all the standard features that were included in prior plans, which includes swing trading alerts as well as unlimited access to a rich collection of more than 7,000 educational videos and new videos released 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. In the time since he began as a trader, Superman has amassed over $5.5 million in total trading earnings. Tim Sykes Challenge Scam
The Superman Alerts plan is an offer of the most essential features and trading alerts geared to those interested. For just $147 per month, you’ll have an access to the day-to-day stock watchlist that is premarket and the mobile application, daily market commentary in real time, and E-mail and SMS alerts.
From “Superman” Paul Scolardi: Superman Pro
For the price of $247, you receive additional features, plus access to an extensive base of knowledge provided by Superman himself via his Superman Pro package. Alongside the standard features featured in the Alerts package, Superman Pro gives you weekly video lessons, including an ever-growing library of previous lessons. In addition you’ll also have the ability to access premium reports on research as well as an 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 field, Profit.ly has the right amount of tools to get you started. The platform has three membership tiers that cater to traders at different levels. Let’s take a look at what these three levels are and what they’ll cost you.
Novice Plan
The Novice package is Profit.ly’s basic plan that is designed specifically for people who are brand new to the world of trading. As you sign to this plan, you will be immediately given a slew of robust and indispensable trading tools, each of which is essential to keep your fingers on what we can describe as a cutthroat process in and of itself.
Some of the features you can do using Profit.ly’s Novice package is the capability to check trades and track profits as well as leading, following and even texting your fellow traders; and giving feedback on the trades of today. You’re also allowed to get on leaderboards, analyze, sort, or filter the trades you make and, finally, see the statistics of other traders.
The Novice plan is $29.95 per month. While it may look attractive for the price alone but there’s a disadvantage. You aren’t able to create a personal profile, which makes your personal information public. If you’re looking to get an account with this option, you should stay tuned as we introduce to you Profit.ly’s next plan.
Trader Plan
The Trader plan allows you to take advantage of the majority of features available in the Novice plan. This plan allows that you can create an account that is private for sharing with fellow associates all your insights and information you have gained from the trading community.
Costing $49.95/month, Profit.ly’s Trader plan will do what the name implies catering for those looking to improve their skills in trading. Although it’s a nice thing however, there’s a crucial aspect that’s not included. In contrast to the Novice package, you won’t be able to see the statistics of other traders that might be a drawback for those anticipating this level. Tim Sykes Challenge Scam
Pro Plan
The Professional plan can be described as the most expensive plan Profit.ly could offer for seasoned traders. It costs $74.95 each month and an additional 22% discount when billed annually the Pro plan has everything. It gives you full, unlimited access to all the features from the two prior plans.
Not only do you get to look at other people’s statistics and data, but you also have the option of creating a private profile. These two features are plus the other advantages you’ll be able to use to the maximum extent. If you’re in search of an account that will give you everything you need as a skilled trader, maybe the Pro plan is for you!
Profit.ly’s Other Services
Apart from the training tools and the leadersboards Profit.ly has a few more services it has to offer. One of these is its online store, where customers can select from a variety of videos created to help you understand the nuances and pitfalls of trading. All of the products featured on this page of the website is available to be bought immediately for your personal use. Some of these include bestsellers such as the “Trading Tickers” series by trading expert Tim Grittani, Timothy Sykes’s collection of DVDs, streaming-only content related to penny stocking, short stocking, and other related to trading, videos and clips taken from The Annual Pennystocking Conference, and other products by expert traders.
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The chat rooms that are integrated are as well part of Profit.ly’s variety of services and features. You’re probably familiar with the chat room since you will see it on 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 real-time space where experts and their members trade and share knowledge in real-time. Each guru has their style in running their chat rooms and in dealing with the members there. Some may be laid back and less active, while another may be more interactive and online to their pupils. Think of chat rooms as Profit.ly’s version of a forum, in its essence.
Who is the ideal Trader for Profit.ly?
Profit.ly’s variety of offerings and features are geared towards a large variety of stock traders, ranging from novices to the most experienced. Considering the number of offers it can provide it is certain to have something for everyone.
Newbies, for instance, can take advantage of Profit.ly’s collection of educational content offered throughout the platform. In addition, they will 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 choose from the items from its online store for them to take wherever they may be. They can also gain hands-on experience trading on the platform, but ultimately, they will soon learn that the process is a high-stakes game that should not be viewed as a joke.
For traders who have decades of experience in the line, we see Profit.ly equally suited to the newcomers. While the newbies may not be as well-equipped with handling trading matters but the experts already know the way it functions and the plethora of risks that it carries. Ideally, they may use Profit.ly’s range of options to their maximum advantage to enhance their skills in trading. As beginners, they are able to study from the gurus and experts and utilize those short tips and tricks along the way.
Profit.ly’s ‘all-together’ nature doesn’t just apply to newbies and semi-experienced traders. Certified experts can also take part in the fun! Those in the trading industry who are on an equal level with Superman as well as Tim Sykes can also use Profit.ly’s capabilities. Profit.ly’s abilities to show off their expertise to other traders as a way to assist them in the ever-changing trading process. Tim Sykes Challenge Scam
Profit.ly’s Pros and Cons
The Pros
- Profit.ly’s numerous capabilities as a “one-stop’ stock trading platform enable traders from all over the world with tons of learning, communication, and trading tools
- You’ll be taught by experts and tips from the internal experts, which include collections of educational videos as well as real-time trading activities
- You’re assured of transparency throughout Profit.ly with accurate analytics as well as fellow traders who are ready to reach you out whenever something happens
- The platform’s leaderboard feature gives you the chance to establish your credibility as a trustworthy and authentic trader
- Apart from its main features, Profit.ly also gives its users extra options to suit their preferences, such as posting unauthentic trades via screenshots
- Profit.ly’s diverse range of packages and subscription levels are priced at reasonable prices There is truly something for everyone
The Cons
- Profit.ly’s bountiful stream of packages and products offered may seem overwhelming for the majority of its users
- Since traders can choose to post any kind of trade, there is a possibility that some of them could profit from picking the most profitable trades to boost their rating – this may be a problem that shouldn’t be simply overlooked
- Profit.ly will not allow refunds, as the premium customers will immediately take advantage of the numerous services that the platform can provide
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The Final Verdict is: Is Profit.ly Valued?
If we could come up with an answer to this question, it would be a ‘yes’. However, you must 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 curiosity. Tim Sykes Challenge Scam
What we do mean by ‘yes’ is that it could be a useful learning tool. People who are stuck may find Profit.ly’s variety of resources to be helpful when they try their best to reduce losses and perform better than before. It’s not just the struggling traders who will profit from the platform. It will be able to accommodate beginners as well as even experts in the field!
If you really care about being a better trader and want to be taught by your mentors and peers along the way, then look no further – Profit.ly may be a great alternative to start.
FAQ Tim Sykes Challenge Scam
How can you make use of Profit.ly to make your trades public?
Profit.ly offers the option of allowing trade entries within the ‘My Trade section of the dashboard. It lets you post your trades, verifiable or otherwise. There are three options:
- Linking your account with your broker of choice and import trades directly from there
- Manually inputting your trades with the spaces provided and details
- Send a screen shot of your trades
What can I do to determine whether the trade is authentic or not?
If you buy your trade from a reputable brokerage, there is the chance that it is verifiable. This is indicated with the small blue check. If you post it manually or through screenshots, it will automatically be classified as unverified.
The downside of having an unverified trade is the risk of getting downvotes from your fellow peers. Too many downvotes may cause you to show up at the top of the Madoff leaderboard, where users can detect who’s being dishonest in posting trades.
Does the Profit.ly mobile app still available?
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 working smartphones and tablets.
How many people are currently connected to Profit.ly?
Profit.ly currently houses more than 150,000 investors and traders, because they are not just looking to earn maximum profits but also assist each other to develop and grow in their ability to take advantage of opportunities on the stock market left and right.
