Tim Sykes Rules For Trading

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The stock market can be a high-stakes game. Some days, you could be reaping the benefits of positive and satisfactory numbers. On other days, however you may experience the opposite and it could be extremely difficult to return to where you were your best. If you find yourself always in the mud You will need to recognize that relying on pure instinct and preservation might not be enough.

If you’ve suffered losses from time to time You’ll need reliable advice from tested and tried trading experts. Additionally, you’ll require an enormous boost from your colleagues in the market from all over the globe, which is why we’ve found a platform that can support you in your improvement in the market. In this review, we’ll take the time to look at Profit.ly is a well-known single-stop social platform to trade!

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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.

Overall Rating: 4.1/5 Tim Sykes Rules For Trading

Value: 4.1/5

Quality: 4.1/5

Costs: 4.1/5

The User’s Experience 4.5/5

Summary

Profit.ly is an online trading platform that allows traders of all levels to be knowledgeable and accountable, as well as transparent and to build relationships with one another through its wide range of features and tools including chat rooms, trade verification, and an enriched library of educational content.

What exactly is Profit.ly?

Profit.ly is a site for trading which serves as a training and learning platform for people who are starting out as well as a place for traders with experience to keep track of their performance using the aid of advanced analytics tools. It provides users with a vast array of options to facilitate trade and communication that help traders from all walks of life network with one another. It gives the gurus worthwhile investments within the confines that the site. Consider it the social media equivalent the likes of Facebook and Reddit however it is geared towards traders and experts.

Profit.ly independently checks the performance of trades and then publishes the information from them in the style of leaderboards. The trading platform is built on trust and transparency. it makes sure that trades are valid and won’t accept fake news as long as possible. It was created years ago by the penny stock trade expert and investment guru Timothy Sykes, along with his colleague Michael Mosseri.

One time during his interview with Forbes publication, Sykes stated that Profit.ly was motivated by its focus “on the transparency of the entire spectrum of trades, something which has never been previously done.” The idea, he added, served two objectives: one) creating public track records for everyone, not just the experts, but also the students and newsletter writers and secondly) giving anyone on the platform to learn from both the wins and losses to benefit the industry of trading. Tim Sykes Rules For Trading

How Does It How Does It

Profit.ly follows a subscription-based model 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 for free, but you’re only limited to having the ability to navigate through the leaderboards and monitor 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 it is necessary to sign up to one of Profit.ly’s offerings that we’ll discuss in the near future.

Setting up an account is simple: Create an account with your experience and skills, join your brokerage account, and you’ll be given the chance to climb your way up to high on the leaderboard. Profit.ly’s leaderboard feature, as mentioned previously was designed to offer its users an insight into their performance as a trading group and its gurus. It’s not only a chance to prove that you’re worthy to the group of traders, as you can also use Profit.ly to buy with a professional with the assurance that you’re confident of their knowledge and the credibility of their assertions.

If you are unsure about the idea of sharing your brokerage account, then you could decide to share your trades, either verified or not, via pictures. Also included in Profit.ly are the vast number of courses in trading as well as the ability to look at stats in a trader’s profile, and more ways to communicate with your gurus via chatrooms along with text and e-mail alerts and updates.

Tim Sykes Rules For Trading

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Meet Tim Sykes, the founder: Tim Sykes

Timothy Sykes is a well-renowned day trader who is well-known for his efforts in 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 trading of penny stocks is an opportunity for small-scale businesses to make the 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 will be able to tell you thanks to his years of expertise.

Beginning in his late years in the high schools, Tim Sykes has, since then, made an estimated $6 million earnings through his lengthy career as trading professional. When he was 25 years old Tim Sykes had received more exposure and a wider impact as a participant in the reality TV show “Wall Street Warriors.” He used the opportunity to establish trading rooms and penny stock themes and educational material aimed at those who are new to trading. He also played a role in establishing Profit.ly as a place of transparency and for the community to lift each other up and compete through the platform.

The Profit.ly Gurus

One of Profit.ly’s most appealing features is the variety of education resources, 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 significant amounts of profit from their collective years of expertise. Tim Sykes Rules For Trading

At its peak, Profit.ly had housed up to five gurus, each of them a pro in their field of expertise in the trading industry. Some of the prominent gurus included Connor Bruggermann, Nathan Michaud of Investors Underground, and Triforce as well as a handful of others. As of this writing, there are only two gurus who 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: Tim’s Alerts

Sykes provides an essential stock trading service which focuses on penny stock day trading through Tim’s Alerts. Costing $74.95 per month, you will be able to see him concentrate on the fundamental stock catalysts and use them to forecast the next moves that could occur when trading.

A purchase on its own in Tim’s Alerts will get you access to the chatroom and the mobile app available to iOS as well as Android devices, as well as text, e-mail, and push alerts; as well as a daily watchlist of stocks.

From Tim Sykes: The Pennystocking Silver Package

Pennystocking Silver is the most premium version that has been upgraded of the Tim’s Alerts package. Priced at $149.95 for a month it is an ideal plan for those who are more invested in the penny-stock market. Pennystocking Silver offers all the essential features of prior plans, such as swing trading alerts and unlimited access to an extensive library of more than 7,000 instructional videos that are updated weekly.

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The following video is from “Superman” Paul Scolardi: Superman Alerts

Scolardi who goes under the alias “Superman,” is a professional in swing trading 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 earnings. Tim Sykes Rules For Trading

The Superman Alerts plan is an package of vital features and trading alerts targeted to those interested. For $147 per month, you’ll gain access to the daily premarket stock watchlist along with the mobile application, daily market commentary in real-time, and 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. On top of the essentials featured in the Alerts plan, Superman Pro gives you weekly video lessons, including the growing collection of previous lessons. Additionally you’ll also have an access to high-quality research papers as well as an IPO as well as earnings tracking tool.

Profit.ly Programs and Costs

If you’re eager to join the world of online trading and leave a mark in the market, Profit.ly has the right amount of tools to get you started. The platform has three membership tiers that are designed to accommodate traders at different levels. Let’s take a look at what these three are and how much they will cost you.

Novice Plan

The package called Novice is Profit.ly’s entry-level plan designed especially for those who are new to the trading community. When you sign up for 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 call a competitive procedure in its own.

Among the list of things you can accomplish using Profit.ly’s Novice package include the ability to confirm the results of your trades and track profit and follow-up, leading and even texting your fellow traders, as well as leaving feedback on today’s trades. It also allows you to be on leaderboards, analyze, sort, and filter your trades and lastly, look at 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. You aren’t able to create a personal profile, thus making your personal information public. If you’re interested in get access to this feature, you should stay tuned as we introduce to you Profit.ly’s new plan.

Trader Plan

The Trader plan allows you to use many of the features of the Novice plan. It is in this plan that you can set up a private profile to share with other associate users all your knowledge and intel in this trading group.

The price is $49.95/month, Profit.ly’s Trader plan is exactly what it says caters people who want to improve their trading skills. Although it’s a nice thing however, there’s a crucial aspect that’s not included. As opposed to the prior Novice package, you won’t be able to see other traders’ stats that could be a disadvantage for some who may be anticipating this level. Tim Sykes Rules For Trading

Pro Plan

The Pro plan is the most expensive plan Profit.ly could offer for seasoned traders. It costs $74.95 each month and an additional 22% discount for billing annually This plan offers everything. You will have full, unrestricted access to all features from the two previous plans combined.

In addition, you’ll be able to see other users’ stats and data, but you also have the opportunity 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 trader with experience, the Pro plan is the right choice for you!

Profit.ly’s Other Services

Apart from the provided trainer tools and leaderboards, Profit.ly offers a number of additional services that it can offer. One of these is its online store, which lets users pick from a range of video products that are designed to educate and provide guidance on the ins and outs of trading. The products listed in this section of the website is available to be immediately purchased for personal use. Among these products include best-sellers such as”Trading Tickers, “Trading Tickers” series from trading professional Tim Grittani, Timothy Sykes’s library of DVDs and streaming-only content on short stocking, penny stocking, and other related to trading, videos and footage 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 variety of services and features. You may be familiar with the concept of chat rooms since you will see it on messaging and social platforms, in addition to a few special websites that offer live chat assistance. However, in Profit.ly the chat room is viewed as a hands-on space where experts and their member traders can communicate and learn in real time. Each guru has their style when it comes to running their chat room and dealing with the members. One might be a laid-back person who is not very often engaged, while another could be more online and communicative in their interactions with students. Think of the chatrooms as Profit.ly’s version of the forum, in essence.

Who is the best Trader for Profit.ly?

Profit.ly’s wide range of products and features caters to the wide range of stock trader types, from novices to the most experienced. Considering the number of offers it offers, the platform surely has something for every person.

For instance, newbies will appreciate Profit.ly’s collection of educational materials available across the platform. Not only will they be enriched with weekly videos and chat room advice from its in-house gurus and their members. They’ll also be able to pick from the merchandise available in its online store that they can take with them wherever they may go. They can also gain hands-on experiences from trading within the platform, but ultimately, they will soon learn that this is a risky game that should not be viewed as an amusing pastime.

For the traders with years of exposure down the line, we see Profit.ly as equally as suitable to the newcomers. Although the novices might not be as adept at dealing with trading issues but the experts already know how it works and the stack full of risks associated with it. It is ideal to make use of Profit.ly’s array of options to their maximum advantage to enhance their trading skills. Like beginners, they can study from the gurus and experts and utilize those quick tips and tidbits along the way.

Profit.ly’s ‘all-together’ nature doesn’t just apply to newbies as well as semi-seasoned traders. Verified experts can also join 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 display their expertise to other traders as a way to assist them in the ever-changing trading process. Tim Sykes Rules For Trading

Profit.ly’s Pros and Cons

The Pros

  • Profit.ly’s diverse capabilities as a “one-stop’ stock trading platform enable traders across the globe with an abundance of knowledge, communication, and trading tools
  • You get to be provided with excellent lessons and insights from its internal experts, which include collections of educational videos as well as trading in real-time.
  • You’re guaranteed transparency throughout Profit.ly with precise analytics and fellow traders that are waiting to reach you when something goes wrong.
  • The platform’s leaderboard feature gives you the chance to establish your credibility as a trustworthy and authentic trader
  • In addition to its primary abilities, Profit.ly also gives its customers additional options to meet their preferences, such as posting trades that are not authentic by taking images
  • Profit.ly’s wide array of packages and subscription levels are priced at affordable rates There’s something for all

The Cons

  • Profit.ly’s abundance of packages and services offered could be too much for most of its customers
  • If traders decide to make any type of trade, there’s an opportunity that some them could profit from selecting the best trades in order 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 immediately benefit from the many services the platform has to offer

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The Final Verdict is: Is Profit.ly Valued?

If we could think of an answer to this question, it’s an affirmative “yes”. But you need to understand that this platform shouldn’t be viewed as a get-rich-quick scheme. The platform wasn’t originally meant to be designed for this reason. Instead, you need to have an open mind. Tim Sykes Rules For Trading

What we do mean”yes” is that it can be a great learning tool. Those who may be stuck might discover Profit.ly’s variety of resources useful when they try their best to avoid loss and perform better than they did before. It’s not only the poor traders that can benefit from this platform. It will be able to accommodate beginners as well as even experts in the field!

If you truly care about being better at trading and wish to be taught by your mentors and peers along the way, then you should look no further than Profit.ly. Profit.ly may be a great choice to start.

FAQ Tim Sykes Rules For Trading

What are the best ways to use Profit.ly to publish your trades?

Profit.ly includes the option of allowing trade entries under the My Trade’ category of the dashboard that lets you post your trades, verifiable or not. There are three options:

  1. Linking your account to the brokerage of choice and then importing the trades from that directly
  2. Manually inputting your trades with provided spaces and specifics
  3. Take a photo of your trades

How can I tell if the trade is verifiable or not?

If you purchase your trade from a reputable brokerage, there is an excellent likelihood that it can be verified. This is evident by the small blue check. If you submit the information manually or via pictures, it will be assigned as unverified.

The drawback of posting an unauthentic trade is the possibility of receiving downvotes from friends and colleagues. A large number of downvotes could result in you appearing in the Madoff leaderboard, which is where the public can see who’s dishonest in posting trades.

Is the Profit.ly mobile app still in use?

As of this writing, Profit.ly is still available for download on the Apple App Store and on the Google Play store. The mobile app version works with all operating tablets and smartphones.

How many people are currently using Profit.ly?

Profit.ly currently houses over 150,000 investors and traders, since they’re not just trying to maximize profits but also to help one another learn and improve in acquiring stock market opportunities all over the world.

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