Stock trading is an extremely risky game. On certain days, you might enjoy the benefits of positive and satisfactory numbers. On other days you may experience the opposite and it can be very difficult to return to the point you were at your best. If you are always in the mud You will need be aware that relying solely on pure instinct and preservation might not be enough.
If you’ve suffered occasional losses and you’re likely to require 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 an online platform that will help you in your improvement within the field. We’ll be taking the time to look at Profit.ly is a well-known 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 Scam Or Legit
Value: 4.1/5
Quality: 4.1/5
Costs: 4.1/5
The User’s Experience 4.5/5
Summary
Profit.ly can be described as an online platform for trading that permits traders of various levels to be informed responsible, transparent, and to build relationships with each other by offering a wide array of tools and features including trade verification, chat rooms, and an enriched library of educational content.
How do I define Profit.ly?
Profit.ly is a trading website that functions as a learning and training platform for traders new to trading and also as a platform for traders who are experienced to monitor their performance using the aid of cutting-edge analytics tools. It provides users with a vast range of resources for trade and communication that help traders from all walks of life network with one another. It gives the gurus worthy investments within the boundaries of this platform. Think of it as an online social media platform similar the likes of Facebook and Reddit but with a focus on experts and traders.
Profit.ly independently validates trade performance and publishes all data from them in the form of leaderboards. The platform’s trading model is based on transparency and honesty: it guarantees that the trades are valid and won’t allow for fraud as much as is humanly possible. It was created many years ago by penny expert in stock trading and investment expert Timothy Sykes, along with his colleague Michael Mosseri.
One time during his appearance in Forbes magazine Sykes stated that Profit.ly was driven by its focus “on the transparency of the entire spectrum of trades, something which was never prior to.” The concept Sykes said served two objectives: one) creating public track records for all traders, not just the gurus as well as newsletter authors and students and secondly) giving anyone on the platform to learn from the losses and wins to the benefit of the trading industry. Tim Sykes Scam Or Legit
How Does It Perform?
Profit.ly is a subscription-based platform that lets stock traders benefit from a variety of services and features geared toward the success of their business. It is possible to create an account there for free, but you’re only limited to having the capability to browse the leaderboard and observe the activities of non-gurus. If you’re interested in investing your money and see what stocks the experts are trading in real time it is necessary to sign up to one of Profit.ly’s offerings that we’ll review in the coming days.
Setting up an account is simple: Create an account with your experience and knowledge, then connect to your brokerage account, and you’ll have an opportunity to make your way up to the top of the leaderboard. Profit.ly’s leaderboard feature, as mentioned previously was designed to offer its users an insight into the performance of the trading community as well as its experts. It’s not just a way to show your worth to a community of traders, as you can also utilize Profit.ly to shop with a professional with the assurance that you’re confident in their skills and the legitimacy of their claims.
If you feel uneasy with the idea of divulging your brokerage account, you may choose to publish your trades, whether verified or otherwise, through photographs. Included in Profit.ly is the huge selection of courses in trading and the capability to see stats in a trader’s profile, and more ways to interact with your experts through the chatroom along with email and text alerts as well as updates.
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Meet Tim Sykes, the founder: Tim Sykes
Timothy Sykes is a well-renowned day trading guru who has been famously known for delving his hands into the penny-stock market. According to Investopedia Penny stock is a small business’s stock that trades for less than $5 per share. The penny stock market can be seen as an avenue for small-scale businesses to make the transition to a large marketplace as they can access funds from the general public. However, don’t get it wrong – it’s also an extremely risky activity, as Sykes will be able to tell you because of his decades of experience.
From his beginnings in his late years in high school, Tim Sykes has, since then, made more than $6 million in earnings throughout his illustrious career as a trader. At 25 years old Tim Sykes had received greater exposure and a larger impact when he became part of the reality show “Wall Street Warriors.” He made use of the show to establish trading rooms, penny stock themes, and educational material aimed at those who are new to trading. He also helped establish Profit.ly as a place of transparency and for the community to uplift and compete on the platform.
The Profit.ly Gurus
One of Profit.ly’s amazing features is the vast array of learning sources, trade alerts and other useful stuff offered by the company’s internal gurus. Gurus are referred to the trading experts who have earned substantial amounts of money from their collective years of expertise. Tim Sykes Scam Or Legit
At its height, Profit.ly had housed up to five gurus, each of them a pro 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, among a few others. At the time of writing, there are only two gurus who remain on the platform: the founder of the penny stock market Tim Sykes and veteran smallcap swing trader Paul Scolardi, also known as Superman. When we take that into account Let’s look at what packaged deals each guru offers.
From Tim Sykes Tim Sykes: Tim’s Alerts
Sykes provides a basic stock trading service that focuses on penny-stock day trading via Tim’s Alerts. The cost is $74.95 for a month you will see him focus on the fundamental stock catalysts and use them to predict the next possible moves in making trades.
A standalone purchase from Tim’s Alerts will get you access to the chatroom, as well as the mobile app that’s available for iOS as well as 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. At $149.95 per month, this is a great option for those who are invested in the penny-stock market. Pennystocking Silver offers all the essential features found in prior plans, which includes alerts for swing trading and access to a rich collection of more than 7,000 educational videos and new videos released every week.
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In “Superman” Paul Scolardi: Superman Alerts
Scolardi who goes under the alias “Superman,” is a professional in swing trading with an eye for both small-cap monumental stocks and crazy-accurate marketing forecasts. In the time since when he first started trading, Superman has amassed over $5.5 million in all-time trading profits. Tim Sykes Scam Or Legit
The Superman Alerts plan is his offering of essential features and trading alerts geared towards those who might be interested. For just $147 per month, you’ll have access daily premarket stock watchlist and the mobile application, daily market commentary in real-time, and E-mail and SMS alerts.
In “Superman” Paul Scolardi: Superman Pro
For $247 per month, you can enjoy additional features, as well as access to an extensive base of knowledge of information provided by Superman himself, via his Superman Pro package. In addition to the basic features featured in the Alerts plan, Superman Pro gives you weekly video lessonsthat include a growing library of all other previous ones. Additionally you’ll also have access to premium research reports as well as the IPO as well as earnings tracking tool.
Profit.ly Programs and Costs
If you’re ready to join the trading community on the internet and leave a mark in the industry, Profit.ly has the right amount of tools to get you going. The platform has three membership tiers, each designed for traders of different levels. Let’s look at what the three tiers are and how much they will cost you.
Novice Plan
The Novice package is Profit.ly’s entry-level plan designed especially for those who are just beginning their journey to the trading world. Once you have signed up for this package you’ll be offered a range of strong and essential trading tools, all of them integral in keeping your fingers on what we can describe as a cutthroat process by itself.
The list of features you can accomplish with Profit.ly’s Novice package include the ability to verify trades and track profits; leading, following, and even messaging your fellow traders, as well as leaving feedback on today’s trades. You’re also allowed to get on leaderboards; analyze, sort, as well as filter trades; and lastly, look at the statistics of other traders.
The Novice plan is $29.95 per monthly payment. Although it might look appealing simply because of the price, there is a downside. It isn’t possible to create a private profile, thus making your actions public. If you’re looking to gain access to this feature, you should be watching for us to introduce to you Profit.ly’s next plan.
The Trader Plan
The Trader plan allows users to benefit from a majority of features from the novice plan. In this plan, that you can set up an individual profile that allows you to share with fellow associate users all your knowledge and intel in the trading community.
Costing $49.95/month, Profit.ly’s Trader plan will do what the name implies caters for those looking to improve their expertise in trading. As nice as it seems, there is one significant feature that is missing. Unlike the previous Novice package, this one won’t be able view other traders’ stats that could be a disadvantage for some who may be eager to try this new tier. Tim Sykes Scam Or Legit
Pro Plan
The Professional plan can be described as the highest premium package that Profit.ly offers to experienced traders. At $74.95 monthly, with an additional 22% discount when billed annually the Pro plan has everything. You will have full, unrestricted access to all features of the previous plans.
You’re not only able to view other people’s stats and data, but you also have the opportunity to create a private profile. These two features are plus the other advantages that you can utilize to their fullest capacity. If you’re looking for an account that will give all the features you need to be a skilled trader, maybe the Pro tier could be the right choice for you!
Profit.ly’s Other Services
Apart from the training tools and the Leaderboards Profit.ly offers a number of additional services that it can offer. One of those is its online store, which allows users to choose from a wide array of video products that are designed to educate and provide guidance on the nuances and pitfalls of trading. The products listed on this page of the website can be bought immediately for your personal use. Some of these include bestsellers like”Trading Tickers,” the “Trading Tickers” series by trader specialist Tim Grittani, Timothy Sykes’s collection of DVDs, streaming-only content about penny stocking, short stocking, as well as all things trading-related, clips and footage taken from the Annual Pennystocking Conference, and products from other expert traders.
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Chat rooms integrated into Profit.ly are also part of Profit.ly’s range of features and services. You may be familiar with the chat room as you can see it across messaging and social platforms, as well as some specialty websites that offer live chat assistance. But on Profit.ly, it is seen as a hands-on space where experts and their member traders can communicate and learn in real time. Every guru has their own style in operating their chat room and dealing with the members. One of them may be laid back and rarely engaged, while another could be more active and in touch in their interactions with students. Think of chatrooms as Profit.ly’s version of the forum in its essence.
Who is the ideal Trader for Profit.ly?
Profit.ly’s wide range of products and features cater to a large variety of stock trader types, from novices to experienced professionals. With the variety of deals it can provide, the platform surely has something for everyone.
Beginners, for instance, can take advantage of Profit.ly’s library of learning information available on the platform. In addition, they will be enriched with weekly videos and chat room tips from its in-house gurus and 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. Additionally, they can gain practical experience trading on the platform, but eventually, they will soon learn that this is a risky game that shouldn’t be treated as a joke.
For traders who have many years of experience down the road, we consider Profit.ly as equally as suitable for them as it is for people who are just beginning. While novice traders may not be as adept at managing trading however, experienced traders know the way it functions and the risky mix that it carries. It is ideal to make use of Profit.ly’s range of features to their best advantage to develop their trading abilities. 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-in” approach isn’t limited to novices or semi-experienced trader. Certified experts can also take part in the enjoyment! People in the trade industry who are at an equal level with Superman or Tim Sykes can also use up Profit.ly’s capabilities to display their skill to others in order to assist them in the ever-changing trading process. Tim Sykes Scam Or Legit
Profit.ly’s Pros and Pros and
The Pros
- Profit.ly’s many capabilities as a ‘one-stop’ stock trading platform enable traders across the globe with tons of learning, communication, and trading tools
- You get to 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 guaranteed transparency throughout Profit.ly by using accurate data 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 dependable trader
- Apart from its core capabilities, Profit.ly also gives its customers extra options that can be tailored to 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 a reasonable cost There is truly something for all
The Cons
- Profit.ly’s abundance of products and packages offered might be too much for most of its customers
- As traders may opt to open any kind of trade, there is a possibility that some of them will profit by picking the most profitable trades to boost their rating – this may be a risk that shouldn’t be ignored.
- Profit.ly does not accept refunds as its premium users will immediately benefit from the many services that the platform can provide
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The Final Concluding Question: Is Profit.ly worth it?
If we could think of an answer to this question, it’s an affirmative “yes”. However, you must realize that it shouldn’t be treated as a scheme to get rich quick. The platform wasn’t originally designed to be used to achieve this goal. Instead, you need to have an open mind. Tim Sykes Scam Or Legit
What we are referring to by ‘yes’ is that it can be a great learning tool. For those who are struggling, they may be able to find Profit.ly’s array of resources helpful in their efforts to incur lesser loss and perform better than before. It’s not just the struggling traders who will profit from the platform. It can accommodate beginners and even experts!
If you truly desire to be better at trading and wish to learn from your peers and experts throughout the process, then take a look at Profit.ly. Profit.ly may be a great choice to start.
FAQ Tim Sykes Scam Or Legit
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 record your trades, either verified or not. There are three choices:
- Connecting your account to your brokerage of choice and then importing transactions directly through there
- Manually entering your trades using specified spaces and information.
- Send a screen shot of your transactions
How do I know if the trade is verifiable or not?
If you import your trade from a trusted brokerage, there’s an excellent probability that it’s verifiable. This is shown by the blue check mark. If you upload it in a manual way or by taking pictures, it will be assigned as unverified.
The downside of having an unverified trade is the chance of receiving downvotes from colleagues. A large number of downvotes could result in you appearing at the top of the Madoff leaderboard, where people can see who’s dishonest in posting trades.
Does the Profit.ly mobile app still available?
At the time of writing, Profit.ly is still available to download from the App Store for Apple and the Google Play store. The mobile app version works with all functioning tablets and smartphones.
How many people are currently connected to Profit.ly?
Profit.ly currently houses more than 150,000 investors and traders, since they’re not just looking to earn maximum profits but also assist each other to learn and improve in acquiring opportunities in the stock market both right and left.
