Stock trading can be an exciting game with high stakes. Some days, you might have the benefit of pleasing and positive numbers. On other days, however, the opposite may happen and it can be very difficult to get back to where you were at your peak. If you find yourself always in the mud You will need to realize that relying on your instincts and preserving might not be enough.
If you’ve experienced losses from time to time and you’re likely to require reliable advice from tested and tried trading experts. Also, you’ll need an enormous boost from your fellow traders from around the globe, which is why we’ve discovered an online platform that will help you in your growth within the field. This review will be taking a look at Profit.ly, a well-recognized 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. Do check out our article below, however, because it has a comprehensive overview of Profit.ly.
Total Rating: 4.1/5 Tim Sykes Is Scam
Users Experience 4.5/5
Profit.ly offers an internet-based trading service that permits traders of various levels to be informed responsible, transparent, and to build relationships with one another through its wide array of tools and features including 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 who are just beginning their journey and as a hub for traders with experience to keep track of their performance with the help of advanced analytics tools. It provides users with a vast variety of tools for communication and trade that help traders from every field of business connect with one another. It also allows gurus to make an opportunity to invest in the right areas that the site. Consider it an online social media platform similar to Facebook and Reddit however it is geared towards experts and traders.
Profit.ly independently validates trade performance and publishes all data of them in the manner of leaderboards. The platform for trading is built on honesty and transparency: it guarantees that the trades are authentic and won’t accept fake news as long as it is possible. It was established many years ago by penny stock trade expert and investment guru Timothy Sykes, along with fellow expert Michael Mosseri.
One time , during an interview with Forbes magazine, Sykes declared that Profit.ly was driven by its focus “on the transparency of the entire spectrum of trades, something which has never been done before.” The idea, he added, served two goals: 1.) creating public track records for not just the gurus as well as students and newsletter writers, and 2) allowing anyone on the platform to gain insight into both the wins and losses to benefit the industry of trading. Tim Sykes Is Scam
How Does It How Does It
Profit.ly is a subscription-based platform which allows stock traders to gain access to a multitude of services and features geared toward success. You may set up an account on the site at no cost, however you’re only limited to having the capability to browse the leaderboard and follow the activities of non-gurus. If you’re looking to invest your money and see which stocks the gurus are trading in real time, you will need to subscribe to any of Profit.ly’s offers, which we will discuss in the near future.
Making an account simple: Create a profile with your experiences and skills, join your brokerage account, and you’ll have an opportunity to make your way up to at the very top of the list. Profit.ly’s leaderboard feature, as we’ve mentioned earlier was designed to offer its users an insight into how the community of traders performs and its gurus. It’s not only a chance to prove your worth to a large group of traders. You can also use Profit.ly to buy with a professional with the assurance that you’re comfortable of their knowledge and the legitimacy of their claims.
If you’re not comfortable with the concept of leaking your brokerage account, then you could choose to publish your trades, either verified or otherwise, through pictures. In Profit.ly is the huge selection of trading classes, the ability to view the stats of a trader’s account, and more ways to interact with your experts through the chatroom as well as 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 trading personality who is famously known for delving his hands into trades in penny stocks. According to Investopedia, a penny stock is a small business’s stock that trades for under $5 for each share. The trading of penny stocks can be seen as a stepping stone for small-scale businesses to make the transition to a large marketplace as it allows them to access funds from the general public. But don’t be mistaken – it can also be a high-risk game, which Sykes is sure to reveal thanks to his years of experience.
Beginning at the end of his time in the high schools, Tim Sykes has, since then, earned over $6 million of profits through his lengthy career as trading professional. At the age of 25, he had been given more exposure and a wider influence over time as a participant in the reality series “Wall Street Warriors.” He then made use of the show to establish trading rooms as well as penny stock themes and educational content geared toward those who are just beginning to learn about the trading field. He also helped establish Profit.ly as a place of openness, and for the community to uplift and compete through the platform.
The Profit.ly Gurus
One of Profit.ly’s most appealing features is the vast array of educational tools, 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 earned substantial amounts of money from their combined years of experience. Tim Sykes Is Scam
At its peak, 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 gurus included Connor Bruggermann, Nathan Michaud of Investors Underground, and Triforce, among a few others. At the time of writing however, only two gurus remain on this platform: the founder as well as penny-stock trader Tim Sykes and veteran smallcap swing trader Paul Scolardi, also known as Superman. With that taken into consideration, let’s take a look at what packaged deals each guru has to offer.
From Tim Sykes Tim Sykes
Sykes offers basic stock trading services which focuses on penny-stock day trading via Tim’s Alerts. At $74.95 monthly, you will observe him focus on fundamental catalysts for stocks and utilize them to forecast the next possible moves in trading.
A single purchase from Tim’s Alerts will get you access to the chatroom and the mobile application that is available on iOS and Android devices, as well as email, text and push alerts and a daily stock watchlist.
From Tim Sykes: The Pennystocking Silver Package
Pennystocking Silver is the highest-quality version, with an upgraded version of Tim’s Alerts program. At $149.95 per month, this is the perfect plan for those who are more invested in penny stock trading. Pennystocking Silver includes all the basic features of earlier plans such as swing trading alerts and unlimited access to a collection of more than 7,000 educational videos and new videos released every week.
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The following video is from “Superman” Paul Scolardi: Superman Alerts
Scolardi who goes under the name “Superman,” is a professional in swing trading with an eye for massive stocks of the small-cap size and insanely accurate marketing forecasts. Since when he first started trading, Superman has amassed over $5.5 million in total trading earnings. Tim Sykes Is Scam
The Superman Alerts plan is his offering of essential features and trading alerts geared toward those who may be interested. For $147/month, you’ll get access daily stock watchlist that is premarket and the mobile application, daily market updates in real-time, and SMS and e-mail alerts.
From “Superman” Paul Scolardi: Superman Pro
At $247/month, you get additional features and access to an extensive base of knowledge of information provided by Superman himself via Superman Pro. Superman Pro package. Alongside the standard features included in the Alerts plan, Superman Pro gives you weekly video lessons, including an ever-growing library of other previous ones. In addition you’ll also gain an access to high-quality research papers and an IPO and earnings tracker.
Profit.ly Programs and Costs
If you’re eager to join the online trading community and make a mark on the market, Profit.ly has the right amount of tools to get you going. The platform offers three membership tiers that cater to traders at different levels. Let’s take a look at what these three levels are and what they will cost you.
This package for novices is Profit.ly’s entry-level plan designed especially for those who are just beginning their journey to the trading world. When you sign to this plan you’ll be given a slew of robust and indispensable trading tools, each of them integral in keeping your fingers on what we could call a ruthless procedure in its own.
Among the list of things you can accomplish with Profit.ly’s Novice package is the ability to confirm the results of your trades and track profit; leading, following and even texting your fellow traders; and giving feedback on the trades of today. You can also get on leaderboards, analyze your trades, sort or filter the trades you make; and, finally, see other’s stats.
The Novice plan costs $29.95 per monthly payment. Although it looks attractive for the price alone but there’s a disadvantage. You aren’t able to create a personal profile, which makes your activities publicly available. If you’re interested in get an account with this option, keep an eye on us as we present to you Profit.ly’s next strategy.
The Trader Plan
The Trader package lets you to use the majority of features available in the novice plan. This plan allows that you are able to create an account that is private for sharing with fellow associate users all your knowledge and intel in trader’s community.
The price is $49.95/month, Profit.ly’s Trader plan does what the name suggests caters for those looking to harness their skills in trading. While it’s nice, there is one significant feature that is missing. Unlike the previous Novice package, this one won’t be able to view the statistics of other traders, which could be a disadvantage for those anticipating this level. Tim Sykes Is Scam
The Pro plan is the most luxurious package Profit.ly offers to experienced traders. It costs $74.95 per month, with a 22% discount when billed annually This plan offers everything. You get full, no-holds-barred access to all 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 your own private profile. Both of these options, on top of all the advantages that you can utilize to the fullest potential. If you’re in search of a plan that can serve you with everything you require as trader with experience, the Pro tier could be ideal for you!
Profit.ly’s Other Services
Apart from the provided trainer tools and Leaderboards Profit.ly has a few other services they provide. One of those is its online store, where customers can choose from a wide array of instructional videos that are designed to inform and guide you through the nuances and pitfalls of trading. Each of the offerings listed on this page of the site can be immediately purchased for personal use. Among these products include best-sellers like the “Trading Tickers” series by trading expert Tim Grittani, Timothy Sykes’s collection of DVDs and streaming-only content on penny stocking, short stocking, and all other aspects of trading. There are also clips and clips taken from the Annual Pennystocking Conference, and products from other expert traders.
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Chat rooms integrated into Profit.ly are included in Profit.ly’s range of services and features. You are probably familiar with the chat room as you can see it across messaging and social platforms, in addition to a few special websites that provide live chat assistance. But in Profit.ly, it is seen as a space where experts and their members can interact and learn in real time. Every guru has their own style in operating 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 active and in touch in their interactions with students. Think of the chat rooms like Profit.ly’s version of a forum, in its essence.
Who is the ideal trader to Profit.ly?
Profit.ly’s wide range of products and features are geared towards an array of stock traders, from novices to experienced professionals. With the variety of deals it offers, the platform surely has something for every person.
For instance, newbies will enjoy Profit.ly’s collection of educational information available on the platform. Not only will they be provided with videos every week and chat room advice from its in-house gurus and their members. They’ll also be able to choose from the items from its online store that they can take with them wherever they may go. You can also get hands-on experience trading on the platform, but ultimately, they will soon learn that this is a high stakes game that should not be viewed as an amusing pastime.
For the traders with decades of experience in the line, we believe Profit.ly equally suited to them as those who are just starting. While the newbies may not be as adept at handling trading matters, the pros already understand how it works along with the stack full of risks that come with it. Ideally, they may utilize Profit.ly’s variety of features to their full advantage to improve their trading abilities. Like beginners, they can learn from the experts as well as experts, and take advantage of simple tips and hints to help them along.
Profit.ly’s “all-in” approach isn’t limited to novices or semi-experienced trader. Experts who have been verified can also participate in the enjoyment! Those in the trading industry who are at an equal level with Superman or Tim Sykes can also use the power of Profit.ly’s capabilities to showcase their skills to others in order to navigate them through the ever-changing trading process. Tim Sykes Is Scam
Profit.ly’s Pros and Cons
- Profit.ly’s numerous capabilities as a “one-stop” stock trading platform allows it to provide traders everywhere with a wealth of education communications, trading, and communication tools
- You’ll receive excellent training and insights from its internal experts, which include collections of educational videos as well as real-time trading activities
- You’re guaranteed transparency throughout Profit.ly by using accurate data as well as other traders who are ready to reach you out whenever something happens
- The leaderboard feature on the platform gives you the opportunity to increase your credibility as a trustworthy and dependable trader
- Apart from its main capabilities, Profit.ly also gives its customers additional options to meet their individual preferences, for instance, posting trades that are not authentic by taking photographs
- Profit.ly’s diverse range of packages and subscription levels are priced at affordable rates There is truly something for every person
- Profit.ly’s numerous products and packages offered might seem overwhelming for most of its customers
- If traders decide to open any kind of trade, there’s the possibility that some of them will profit by cherry-picking the best trades to boost their rating this could be a concern that should not be ignored.
- Profit.ly does not accept refunds, as the premium customers are expected to instantly benefit from the many features the platform is able to offer
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The Final Concluding Question The Final Verdict: Is Profit.ly Worth It?
If we could come up with the answer, it would be an affirmative “yes”. However, you must realize that the platform should not be used as a get-rich-quick scheme. The platform was not always designed to be used in this way. Instead, you should have curiosity. Tim Sykes Is Scam
What we do mean by ‘yes’ is that it is a fantastic learning tool. For those who are struggling, they may find Profit.ly’s range of resources to be helpful in their efforts to avoid losses and perform better than they did before. It’s not only the poor traders that can profit from the platform. It will be able to accommodate beginners as well as even experts!
If you really care about being better at trading and wish to learn from your mentors and peers on the way, you should look no further than Profit.ly. Profit.ly is a fantastic alternative to start.
FAQ Tim Sykes Is Scam
What are the best ways to use Profit.ly to make your trades public?
Profit.ly includes the option of allowing trade entries within the My Trade’ category of the dashboard. It lets you record your trades that are verified or not. There are three options:
- Linking your account with your brokerage of choice and importing the trades from that directly
- Manually entering your trades using specified spaces and information.
- Send a screen shot of your trades
What can I do to determine if the trade is verifiable or not?
If you import your trade through a reliable brokerage, there is the chance that it is verifiable. This is indicated with the small blue check. If you post it in a manual way or by taking pictures, it will be assigned as unverified.
The drawback of posting an unauthenticated trade is the possibility of receiving negative feedback from fellow peers. A large number of downvotes could cause you to show up at the top of the Madoff leaderboard, where users can detect who’s being 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 as well as on the Google Play store. The mobile version of the app works with all working smartphones and tablets.
How many are on Profit.ly?
Profit.ly currently houses more than 150,000 traders and investors, since they’re not just seeking to make the most profit but also assist each other to learn and improve in acquiring opportunities on the stock market all over the world.