Stock trading can be an extremely risky game. On some days, you could have the benefit of pleasing and positive numbers. However, on other days, the opposite may happen, and it may sometimes be extremely difficult to get back to where you were your peak. If you are constantly stuck in the gutter, you will have to recognize that relying on pure instinct and preservation may not always be enough.
If you’ve experienced losses from time to time You’ll need solid advice from seasoned and tested trading experts. Also, you’ll need a significant boost from your trading partners from all over the globe. That’s why we’ve discovered an option that can help you to improve your performance within the field. In this review, we’ll take the time to look at Profit.ly A well-respected one-stop 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. To get a comprehensive overview of Profit.ly, you may still want to check out our article below.
Total Rating: 4.1/5 Timothy Sykes Challenge Scam
User Experience: 4.5/5
Profit.ly is an online trading platform that allows traders of different levels to be informative, transparent, accountable, and to build relationships with each other by offering a wide variety of tools and features including trade verification, chat rooms and a rich library of educational content.
What is Profit.ly?
Profit.ly is a trading site which serves as a learning and education platform for those new to trading and as a hub for traders with experience to keep track of their performance using the aid of cutting-edge analytics tools. Offering users a broad array of options to facilitate trade and communication, it helps traders from every field of business connect with each other. It also allows gurus to make worthy investments within the boundaries of this platform. Think of it as the social media equivalent the likes of Facebook and Reddit, but for experts and traders.
Profit.ly independently validates trade performance and then publishes the information of them in the manner of leaderboards. The platform for trading is built on trust and transparency. it guarantees that the trades are authentic and won’t allow for fraud as much as possible. It was founded years ago by the penny expert in stock trading and investment guru Timothy Sykes, along with fellow expert Michael Mosseri.
In an interview with Forbes magazine Sykes stated that Profit.ly was based “on showing all trades, something that has never been prior to.” The concept was, he said, serving two purposes: 1) creating public track records for all traders, not just the gurus, but also the newsletter writers and students as well as) making it possible for everyone on the platform to learn from the losses and wins to the benefit of the trading industry. Timothy Sykes Challenge Scam
How Does It Perform?
Profit.ly is a subscription-based platform that lets stock traders have access to a range of tools and services that are geared at achieving the success of their business. You may set up an account at no cost, however you’re only limited to having the capability to browse the leaderboards and monitor the activities of people who aren’t gurus. If you’re ready to invest your money to see what stocks the experts are trading in real-time it is necessary to join one of Profit.ly’s offerings, which we will go over shortly.
Setting up an account is simple: 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 Leaderboard function, which was mentioned previously it is designed to provide its users a look at how the community of traders performs as well as its gurus. You’re not just allowed to demonstrate value to a group of traders, but you are also able to use Profit.ly to buy with a professional with the confidence that you are confident in their skills and the legitimacy of their claims.
If you are unsure about the idea of divulging your brokerage account, you can decide to share your trades, either verified or not, via photographs. Also included in Profit.ly are a variety of courses in trading as well as the ability to look at stats in a trader’s profile as well as other ways to interact with your experts via chatrooms along with 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 has been famously known for his involvement in the penny-stock market. According to Investopedia Penny stock is a small business’s stock that trades for under $5 for each share. The penny stock market can be seen as a stepping stone for small businesses to transition into a larger market because they can access capital from the general public. However, don’t get it wrong – it’s also an extremely risky activity, as Sykes can surely tell because of his decades of experience.
Since his initial beginnings in his late years in High School, Tim Sykes has, since then, made more than $6 million in profit during his long and successful career as trader. At 25 years old, he had been given greater exposure and an even wider reach of influence as a participant in the reality TV show “Wall Street Warriors.” He then used the opportunity to develop trading rooms and penny stock themes as well as educational content targeted at those who are just beginning to learn about the trading field. He also helped to establish Profit.ly as a platform for transparency and for the community to lift each other up and compete with each other through the platform.
The Profit.ly Gurus
One of Profit.ly’s most appealing features is the variety of educational resources, trade alerts, as well as other useful information provided by the company’s internal gurus. Gurus are referred to the experts in trading who have proven to make substantial profits from their collective years of expertise. Timothy Sykes Challenge Scam
At its height, Profit.ly had housed up to five gurus. Each of them an expert in their field of expertise within the world of trading. Some of the prominent experts 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: 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 the packages each guru offers.
From Tim Sykes Tim Sykes: Tim’s Alerts
Sykes provides a basic stock trading service with the main priority being penny-priced day trading with Tim’s Alerts. The cost is $74.95 monthly, you will observe him focus on fundamental stock catalysts and use them to anticipate the next possible moves in making trades.
A standalone purchase in Tim’s Alerts will get you access to the chatroom, as well as the mobile application that is available for iOS as well as 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 that has been upgraded of the Tim’s Alerts program. It costs $149.95 per month, it is a great option for investors who are involved in the penny-stock market. Pennystocking Silver includes all the basic features that were included in prior plans, including swing trading alerts and unlimited access to an extensive library of over 7,000 educational videos that are updated each week.
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From “Superman” Paul Scolardi: Superman Alerts
Scolardi who is known under the alias “Superman,” is a trader who has an eye for small-cap monumental stocks and crazy-accurate marketing forecasts. Through the years since the time he started trading, Superman has amassed over $5.5 million in total trading profits. Timothy Sykes Challenge Scam
The Superman Alerts plan is an offering of essential features and alerts on trading geared towards those who might be interested. For $147/month, you’ll get access daily premarket stock watchlist along with the mobile app, daily market commentary shown in real time, and SMS and e-mail alerts.
The film “Superman” Paul Scolardi: Superman Pro
For $247 per month, you can enjoy additional features and access to a knowledgeable base provided by Superman himself, via the Superman Pro package. Alongside the standard features included in the Alerts package, Superman Pro gives you weekly video lessons, including the growing collection of other previous ones. Additionally, you’ll also get access to premium research reports and the IPO as well as earnings tracking tool.
Profit.ly Plans and Costs
If you’re ready to join the online trading community and leave your mark on the field, Profit.ly has the right amount of resources to get you up and running. Profit.ly offers three membership tiers that cater to traders at different levels. Let’s look at what the three levels are and what they’ll cost you.
This package for novices is Profit.ly’s beginning-of-the-line plan specifically for those who are new to the trading world. When you sign up for this plan, you will be immediately offered a range of strong and indispensable trading tools, all of which is essential to keep your hands on what we can describe as a cutthroat procedure in its own.
Some of the features you can do using Profit.ly’s Novice package include the ability to verify the results of your trades and track profit as well as leading, following and even texting your fellow traders, as well as giving feedback on the trades of today. It also allows you to be on leaderboards; analyze, sort, or filter the trades you make; and, finally, see other’s stats.
The Novice plan will cost $29.95 per monthly payment. Although it might look appealing simply because of the price, there is a downside. You aren’t able to create a personal profile, thus making your activities publicly available. If you do want to gain an account with this option, you should keep an eye on us as we present to you Profit.ly’s new plan.
The Trader package lets users to benefit from the majority of features available in The Novice package. In this plan, that you are able to create an individual profile that allows you to share with other associates all your insights and information you have gained from this trading group.
Costing $49.95/month, Profit.ly’s Trader plan is exactly what it says: Cater people who want to improve their trading skills. As nice as it seems however, there’s a crucial aspect that’s not included. As opposed to the prior Novice package, this one won’t be able to view the statistics of other traders this could be a problem for those anticipating this level. Timothy Sykes Challenge Scam
The Pro plan is the most expensive plan Profit.ly offers to experienced traders. It costs $74.95 per month, and a 22% discount for billing annually This plan offers everything. You will have full, unrestricted access to all options of the prior plans.
In addition, you’ll be able to view other people’s stats as well, you’re also offered the chance to create an individual profile. Both of these features, in addition to the advantages you’ll be able to use to the maximum extent. If you’re looking for an account that will give you everything you need as trader with experience, the Pro plan is ideal for you!
Profit.ly’s Other Services
In addition to the training tools and the Leaderboards Profit.ly provides a variety of additional services that it can offer. One of them is the online store, where customers can select from a variety of videos designed to inform and guide you through the nuances and pitfalls of trading. All of the products featured on this page of the website can be immediately purchased for personal use. These include best-selling products like the “Trading Tickers” series by trading professional Tim Grittani, Timothy Sykes’s collection of DVDs, streaming-only content related to short stocking, penny stocking, as well as all aspects of trading. There are also clips and footage from The Annual Pennystocking Conference, and items from other experts in trading.
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Chat rooms integrated into Profit.ly are included in Profit.ly’s array of services and features. You are probably familiar with chat rooms since you will see it on social and messaging platforms and also on a few specialty websites that provide live chat assistance. But 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 style in running their chat rooms and dealing with the members there. One might be laid back and less active, while another might be more interactive and online with their 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 caters to a large variety of stock traders, from novices to experienced professionals. Considering the number of offers it has to offer this platform definitely has something for everyone.
For instance, newbies can take advantage of Profit.ly’s library of learning materials available across the platform. They will also get daily videos and chat room advice from the in-house experts and their members. Additionally, they can select from the products in its online store to carry with them wherever they may go. Additionally, they can gain practical experience trading on the platform, but ultimately, they will soon learn that this is a risky game that shouldn’t be taken as an opportunity to make fun of.
For those traders who have had decades of experience in the line, we see Profit.ly equally suited to them as the newcomers. While novice traders may not be as well-equipped with managing trading however, experienced traders know how it works along with the plethora of risks that it carries. Ideally, they may make use of Profit.ly’s array of options to their maximum advantage to enhance their skills in trading. Like novices, 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 does not only apply to beginners and semi-experienced traders. Certified experts can also take part in the enjoyment! Those in the trading industry who are at the same level as Superman or Tim Sykes can also use the power of Profit.ly’s abilities to show off their expertise to other traders as a way to assist them in the ever-changing trading process. Timothy Sykes Challenge Scam
Profit.ly’s Pros and Pros and
- Profit.ly’s many capabilities as a “one-stop” stock trading platform enable traders across the globe with an abundance of knowledge tools, communication, and trading tools
- You’ll receive excellent training and insights from its inside experts, as well as collections of educational videos as well as trading in real-time.
- You can be sure of complete transparency through Profit.ly by using accurate data as well as other traders who are ready to reach you out if something occurs.
- The leaderboard feature of the platform offers you the chance to establish your credibility as a trustworthy and authentic trader
- Apart from its main capabilities, Profit.ly also gives its users extra options to suit their individual preferences, for instance, posting trades that are not authentic by taking screenshots
- Profit.ly’s variety of packages and subscription levels are priced at affordable rates There’s something for all
- Profit.ly’s abundance of products and packages offered might be too much for most of its customers
- Since traders can choose to post any kind of trade, there is a possibility that some of them may take advantage by picking the most profitable trades to boost their rating This could be a concern that should not be simply overlooked
- Profit.ly will not allow refunds, as the premium customers will immediately take advantage of the numerous 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 an answer to this question, it would be an affirmative “yes”. However, you must realize that it shouldn’t be treated as a get-rich-quick scheme. The platform was not always intended to be created for this reason. Instead, you need to have curiosity. Timothy Sykes Challenge Scam
What we do mean by ‘yes’ is that it can be a great learning tool. Those who may be stuck could find Profit.ly’s variety of resources helpful when they try their best to avoid losses and be more successful than before. It’s not only the struggling traders that will benefit from the platform. It is able to accommodate novices and even experts in the field!
So, if you genuinely care about being a better trader and want to learn from your fellows and gurus on the way, you should look no further than Profit.ly. Profit.ly may be a great choice to start.
FAQ Timothy Sykes Challenge Scam
What are the best ways to use Profit.ly to make your trades public?
Profit.ly has the option of allowing trade entries under the “My Trade category on the dashboard which lets you post your trades that are verified or not. There are three options:
- Linking your account to the broker of choice and import transactions directly through there
- Manually inputting your trades with specified spaces and information.
- Take a photo of your transactions
How can I tell whether the trade is authentic or not?
If you buy your trade through a reliable brokerage, there’s a high chance that it is verifiable. This is evident by the blue check mark. If you submit the information manually or via images, it will be assigned as unverified.
The downside of having an unauthentic trade is the possibility of receiving downvotes from friends and colleagues. A large number of downvotes could result in you appearing on the Madoff leaderboard, which is where the public 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 for download on the Apple App Store as well as in the Google Play store. The mobile app version works with all operating tablets and smartphones.
How many people are currently connected to Profit.ly?
Profit.ly currently houses more than 150,000 traders and investors, since they’re not just looking to earn maximum profits but also assist each other to develop and grow in their ability to take advantage of stock market opportunities left and right.