Stock trading can be an exciting game with high stakes. On some days, you may have the benefit of positive and satisfactory numbers. On other days, the opposite may happen and it could be very difficult to get back to where you were your most productive. If you’re always in the mud, you will have be aware that relying solely on pure instinct and preservation might not be enough.
If you’ve been incurring loss from time to time You’ll need reliable advice from tested and tried trading experts. Also, you’ll need a significant boost from your trading partners from all over the world, which is why we’ve identified a platform that can support you to improve your performance within the field. This review will take a look at Profit.ly, a well-recognized all-in-one 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. Do check out our article below, however, because it has a comprehensive overview of Profit.ly.
Total Rating: 4.1/5 Tim Sykes Scam 2021
Users Experience 4.5/5
Profit.ly offers an internet-based trading service that allows traders of different levels to be knowledgeable, transparent, accountable, and to build relationships with each other by offering a wide range of features and tools such as chat rooms, trade verification, and an enriched library of educational material.
How do I define Profit.ly?
Profit.ly is a site for trading that functions as a learning and education platform for those new to trading as well as a place for traders who are experienced to monitor their performance with the help of sophisticated analytics tools. Offering users a broad array of options for trade and communication that help traders from every field of business connect with each other. It also allows gurus to make worthy investments within the boundaries of this platform. Imagine it as the social media equivalent to Facebook and Reddit however it is geared towards traders and experts.
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 ensures that the trades are authentic and won’t tolerate inauthenticity as much as it is possible. It was established in the past by penny expert in stock trading and investment guru Timothy Sykes, along with fellow expert Michael Mosseri.
In an interview with Forbes publication, Sykes stated that Profit.ly was driven by its focus “on showing every trade, something that has never been prior to.” The concept Sykes said served two purposes: 1) creating public track records for all traders, not just the gurus and newsletter authors and students as well as) allowing all users to learn from the losses and wins to benefit the industry of trading. Tim Sykes Scam 2021
How Does It How Does It
Profit.ly is a subscription-based platform which allows stock traders to have access to a range of services and features geared toward success. You may set up an account on the site for free, but you’re only limited to having access to the leaderboards and monitor the activities of non-gurus. If you’re looking to invest your money to 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 go over shortly.
Making an account easy: create a profile with your experiences and expertise, connect to your brokerage account, and you’ll be given the chance to climb your way to the top of the leaderboard. Profit.ly’s leaders’ board feature as mentioned previously was designed to offer its users a look at their performance as a trading group and its experts. You’re not just allowed to show your worth to a community of traders. You can also utilize Profit.ly to purchase with a professional with the assurance that you’re comfortable with their expertise and the credibility of their assertions.
If you’re not comfortable with the idea of divulging the details of your broker account you can decide to share your trades, verified or not, via pictures. Included in Profit.ly is the huge selection of trading courses and the capability to see statistics on a person’s profile, and more ways to connect with your gurus in the chatroom, as well as text and e-mail alerts and updates.
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Meet Tim Sykes, the founder: Tim Sykes
Timothy Sykes is a well-renowned day trading personality who is famously known for his involvement in the penny-stock market. According to Investopedia, a penny stock refers to a small-sized company’s shares that trade for under $5 for each share. Penny stock trading could be viewed as an avenue for small companies to move to a market that is larger as they can access funds from the general public. However, don’t get it wrong – it’s also a high-risk game, which Sykes can surely tell through his many years of expertise.
Beginning in the latter years of High School, Tim Sykes has, since then, made more than $6 million in earnings through his lengthy career as a trader. At the age of 25 Tim Sykes had received greater exposure and a larger impact as a participant in the reality TV show “Wall Street Warriors.” He then used the opportunity to create trading rooms as well as penny stock themes as well as educational content targeted 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 uplift and compete with each other through the platform.
The Profit.ly Gurus
One of Profit.ly’s amazing features is the variety of educational resources, trade alerts, and other useful stuff offered by the company’s internal gurus. These gurus refer to experts in the field of trading who have made significant amounts of profit from their combined years of experience. Tim Sykes Scam 2021
At its peak, Profit.ly had housed up to five gurus. Each of them a pro in their niche in the trading industry. Some of the most prominent gurus included Connor Bruggermann, Nathan Michaud of Investors Underground, and Triforce, among a few others. As of this writing, however, 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. In light of that Let’s look at the packages each guru can offer.
From Tim Sykes Tim Sykes: Tim’s Alerts
Sykes offers a basic stock trading service with the main priority being penny stock day trading through Tim’s Alerts. At $74.95 per month, you’ll be able to observe him focus on fundamental stock catalysts and use them to predict the next moves that could occur when making trades.
A single purchase from Tim’s Alerts will get you access to the chatroom and the mobile app available on iOS and Android devices, as well as texts, emails and push alerts as well as a daily watchlist of stocks.
from Tim Sykes: The Pennystocking Silver Package
Pennystocking Silver is the highest-quality version, with an upgraded version of Tim’s Alerts package. Priced at $149.95 for a month it is the perfect plan for investors who are invested in penny stock trading. Pennystocking Silver comes with all the standard features of the previous plan, such as swing trading alerts and unlimited access to a rich library of more than 7,000 instructional videos and new videos released each week.
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The following video is from “Superman” Paul Scolardi: Superman Alerts
Scolardi who goes under the name “Superman,” is a swing trading professional with an eye for tiny-cap massive stocks as well as wildly accurate marketing forecasts. Through the years since when he first started trading, Superman has amassed over $5.5 million in total trading earnings. Tim Sykes Scam 2021
The Superman Alerts package is his offer of the most essential features and alerts on trading geared towards those who might be interested. For $147/month, you’ll get an access to the day-to-day premarket stock watchlist and the mobile app, daily market updates in real-time, and email and SMS alerts.
In “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 his Superman Pro package. In addition to the basic features included in the Alerts plan, Superman Pro gives you daily video lessons, which include an ever-growing library of previous lessons. On top of that, you’ll also get an access to high-quality research papers as well as an IPO and earnings tracker.
Profit.ly plans and costs
If you’re ready to join the online trading community and leave your mark on the market, Profit.ly has the right amount of tools to get you started. The platform offers three membership tiers, each designed for traders with different levels. Let’s break down what these three are and how much they’ll cost you.
This package for novices is Profit.ly’s basic plan that is designed specifically for those who are just beginning their journey to the trading world. When you sign up for this plan you’ll be provided with a variety of powerful and essential trading tools, all of which is essential to keep your hands on what we can describe as a cutthroat process in and of itself.
Some of the features you can accomplish with Profit.ly’s Novice program is the ability to verify the results of your trades and track profit and follow-up, leading and even texting other traders; and leaving feedback on today’s trades. It also allows you to be on leaderboards; analyze your trades, sort and filter your trades; and, lastly, view other people’s statistics.
The Novice plan will cost $29.95 per monthly payment. Although it looks attractive just by the price 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 have access to this feature, be watching for us to introduce to you Profit.ly’s next strategy.
The Trader package lets you to use a majority of features from the Novice plan. This plan allows that you can set up a private profile for sharing with fellow associate users all your knowledge and intel in this trading group.
The price is $49.95/month, Profit.ly’s Trader plan does what the name suggests caters to those who desire to develop their skills in trading. As nice as it seems but there’s one important element that’s missing. As opposed to the prior Novice package, you will not be able view the statistics of other traders, which could be a disadvantage for some who may be eager to try this new tier. Tim Sykes Scam 2021
The Professional plan can be described as the most luxurious package Profit.ly can offer to experienced traders. With $74.95 each month which includes an additional 22% discount for annual billing This plan offers it all. You will have full, unrestricted access to all the features from the two prior plans.
In addition, you’ll be able to see other users’ stats, but you’re also given the chance to create your own private profile. Both of these features, in addition to the benefits that you can use to the maximum extent. If you’re looking for an account that will give all the features you need to be trader with experience, the Pro level is for you!
Profit.ly’s Other Services
Apart from the tools for training and Leaderboards Profit.ly has a few additional services that it can provide. One of those is its online store, which allows users to choose from a wide array of video products created to guide you through the nuances and pitfalls of trading. Each of the offerings listed on this page of the site can be purchased immediately for 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 about penny stocking, short stocking, and other aspects of trading. There are also clips and clips of The Annual Pennystocking Conference, and products from other expert traders.
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The integrated chat rooms are included in Profit.ly’s array of features and services. You may be familiar with the chat room since you can find it throughout messaging and social platforms, as well as some specialty websites that offer live chat assistance. However, in Profit.ly, it is seen as a hands-on space where experts and their members trade and learn in real time. Every guru has their own way in operating their chat room and in dealing with the members there. One of them may be more laid back and less engaged, while another could be more active and in touch to their pupils. Think of chatrooms as Profit.ly’s version of the forum in the 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, from beginners to experienced pros. With the variety of deals it can provide, the platform surely has something for every person.
For instance, newbies will enjoy Profit.ly’s collection of educational content offered throughout the platform. They will also get daily videos and chat room advice from its in-house gurus and their members. Additionally, they can pick from the merchandise available in its online store for them to take wherever they may be. Additionally, they can gain practical experiences by trading through the platform, but ultimately they’ll realize that this is a high-stakes game that shouldn’t be treated as a joke.
For the traders with decades of experience in the line, we believe Profit.ly equally suitable for them as it is for people who are just beginning. While novice traders may not be as well-equipped with dealing with trading issues, the pros already understand how it works along with the stack full of risks associated with it. It is ideal to make use of Profit.ly’s range of features to their full advantage to enhance their trading abilities. Like novices, they can learn from the experts and experts , and use those quick tips and tidbits throughout the process.
Profit.ly’s “all-in” approach isn’t limited to novices as well as semi-seasoned traders. Experts who have been verified can also participate in the excitement! Those in the trading industry who are at the same level as Superman and Tim Sykes can also use up Profit.ly’s capabilities to showcase their expertise to other traders in order to assist them in the ever-changing trading process. Tim Sykes Scam 2021
Profit.ly’s Pros and Pros and
- Profit.ly’s diverse capabilities as a ‘one-stop’ platform for trading stocks allows traders across the globe with an abundance of knowledge tools, communication, and trading tools
- You’ll receive excellent training and advice from the company’s inside experts, as well as collections of educational videos as well as live trading activity.
- You’re assured of transparency throughout Profit.ly by using accurate data as well as fellow traders ready to call you out if something occurs.
- The platform’s leaderboard feature gives you a way to build your reputation as a reliable and dependable trader
- Apart from its core abilities, Profit.ly also gives its users extra options to suit their needs, like posting trades that are not authentic by taking photographs
- Profit.ly’s diverse range of subscription levels and guru packages are priced at affordable rates There’s something for all
- Profit.ly’s abundance of products and packages offered might be too much for a lot of its users
- If traders decide to open any kind of trade, there is a possibility that some of them will profit by selecting the best trades in order to boost their rating This could be a problem that shouldn’t be overlooked.
- Profit.ly does not accept refunds, as the premium customers will immediately take advantage of the numerous services the platform has to offer
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The Final Verdict The Final Verdict: Is Profit.ly worth it?
If we could think of an answer to this question, it’s a ‘yes’. But you need to understand that this platform shouldn’t be viewed as a quick-fix scheme to make money. The platform wasn’t originally meant to be designed in this way. Instead, it is best to keep curiosity. Tim Sykes Scam 2021
What we mean”yes” is it can be a great learning tool. People who are stuck could discover Profit.ly’s range of resources to be helpful in their efforts to reduce loss and perform better than before. Not only poor traders that can benefit from this platform. It is able to accommodate novices and even experts!
If you truly desire to be a better trader and want to learn from your mentors and peers on the way, look no further – Profit.ly may be a great option to begin.
FAQ Tim Sykes Scam 2021
What are the best ways to use Profit.ly to make your trades public?
Profit.ly offers 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 choices:
- Linking your account with your brokerage of choice and importing the trades from that directly
- Manually entering your trades using provided spaces and specifics
- Send a screen shot of your trades
What can I do to determine 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 upload it in a manual way or by taking screenshots, it will automatically be assigned as unverified.
The drawback of posting an unauthenticated trade is the possibility of receiving downvotes from fellow peers. A large number of downvotes could cause you to show up on the Madoff leaderboard, where users can detect who’s being fraudulent in posting trades.
Does the Profit.ly mobile application still available?
At the time of writing, Profit.ly is still available to download from the App Store for Apple and on 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 over 150,000 investors and traders, since they’re not just seeking to make the most profit but also to help one another learn and improve in acquiring opportunities in the stock market left and right.