The stock market can be an exciting game with high stakes. On certain days, you might be reaping the benefits of pleasing and positive numbers. On other days it could be the reverse, and it may sometimes be very difficult to get back to where you were at your best. If you are immersed in the water, you will have to realize that relying on instinct and survival is not always enough.
If you’ve been incurring loss from time to time, you’re gonna be needing sound advice from tried-and-tested trading experts. Also, you’ll need an enormous boost from your trading partners from all over the globe, which is why we’ve found a platform that can support you in your improvement within the field. We’ll be taking the time to look at Profit.ly A well-respected 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 Timothy Sykes Complaint
Value: 4.1/5
Quality: 4.1/5
Costs: 4.1/5
The User’s Experience 4.5/5
Summary
Profit.ly offers an internet-based trading service that permits traders of different levels to be knowledgeable and accountable, as well as transparent and uplifting with each other by offering a wide range of features and tools including chat rooms, trade verification and a rich library of educational material.
What is Profit.ly?
Profit.ly is a site for trading that functions as a learning and training platform for traders new to trading and as a hub for traders with experience to keep track of their performance through the use of advanced analytics tools. Providing users with a wide variety of tools for communication and trade and letting traders from all walks of life network with each other. It also allows gurus to make worthwhile investments within the confines of the platform. Think of it as a social media site akin the likes of Facebook and Reddit however it is geared towards professionals and traders.
Profit.ly independently verifies trade performances and publishes all data from them in the style 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 many years ago by penny stock trade expert and investment guru Timothy Sykes, along with the other expert Michael Mosseri.
In an appearance in Forbes publication, Sykes declared that Profit.ly was motivated by its focus “on showing the entire spectrum of trades, something which was never prior to.” The concept, he added, served two goals: 1.) creating public track records for all traders, not just the gurus, but also the newsletter authors and students, and 2) giving anyone on the platform to gain insight into the losses and wins for the trading industry’s benefit. Timothy Sykes Complaint
How Does It How Does It
Profit.ly follows a subscription-based model which allows stock traders to gain access to a multitude of features and services aimed toward achievement. You can create an account for free, but you’re limited to the ability to navigate through the leaderboard and follow the activities of people who aren’t gurus. If you’re ready to invest your money and see what stocks the experts are trading in real-time You’ll need to sign up to one of Profit.ly’s offerings, which we will go over shortly.
Setting up an account is easy: create an account with your experience and knowledge, then connect to your brokerage account, and you’ll have a chance to shoot your way to high on the leaderboard. Profit.ly’s leaderboard feature, as mentioned previously it is designed to provide its users a glimpse of the performance of the trading community as well as its gurus. You’re not just allowed to demonstrate that you’re worthy to the group of traders, as you can also utilize Profit.ly to buy from a guru with the assurance that you’re confident in their skills and the legitimacy of their claims.
If you’re not comfortable with the idea of sharing information about your account with a brokerage, you can opt to post your trades, either verified or not, by taking screenshots. Included in Profit.ly are a variety of trading classes as well as the ability to look at statistics on a person’s profile as well as other ways to interact with your experts via chatrooms in addition to 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 trader who is famously known for delving his hands into the penny-stock market. According to Investopedia the term “penny stock” refers to a small-sized company’s stock that trades for under $5 for each share. The trading of penny stocks is a stepping stone for small-scale businesses to make the transition into a larger market because it allows them to access funds from the public. But don’t make the mistake of thinking that it can also be a high-risk game, which Sykes can surely tell through his many years of expertise.
From his beginnings at the end of his time in High School, Tim Sykes has, since then, earned over $6 million of earnings throughout his illustrious career as a trader. At the age of 25 Tim Sykes had received greater exposure and an even wider impact when he was a part of the reality show “Wall Street Warriors.” Then, he took advantage of it to develop trading rooms as well as penny stock themes and educational content geared toward those who are just beginning to learn about trading. He also helped establish Profit.ly as a place for openness, and for the community to lift each other up and compete against each other through the platform.
The Profit.ly Gurus
One of Profit.ly’s most appealing features is the wide range of education sources, trade alerts and other helpful stuff provided by the platform’s in-house gurus. Gurus are referred to experts in the field of trading who have made significant amounts of profit from their collective years of expertise. Timothy Sykes Complaint
At its peak, Profit.ly had housed up to five gurus, all of them a professional in their field of expertise in the trading industry. Some of the prominent experts were Connor Bruggermann, Nathan Michaud of Investors Underground, and Triforce, among a few others. At the time of writing however, only two gurus remain on the platform: Founder of the penny stock market Tim Sykes and veteran smallcap swing trader Paul Scolardi, also known as Superman. With that taken into consideration, let’s take a look at the packages each guru has to offer.
From Tim Sykes Tim Sykes
Sykes provides a basic stock trading service which focuses on 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 predict the next possible moves in trading.
A single purchase from Tim’s Alerts will get you access to the chatroom, as well as the mobile app that’s available for iOS and Android devices, email, text and push alerts as well as a daily watchlist of stocks.
from Tim Sykes: The Pennystocking Silver Package
Pennystocking Silver is the most premium, upgraded version of the Tim’s Alerts program. It costs $149.95 for a month this is the perfect plan for those who are more involved in the penny-stock market. Pennystocking Silver offers all the essential features that were included in prior plans, which includes swing trading alerts and unlimited access to an extensive library of more than 7,000 instructional videos, with new ones released weekly.
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The following video is from “Superman” Paul Scolardi: Superman Alerts
Scolardi who goes under the alias “Superman,” is a trader who has an eye for both small-cap monumental stocks and crazy-accurate marketing forecasts. In the time since he began as a trader, Superman has amassed over $5.5 million in all-time trading earnings. Timothy Sykes Complaint
The Superman Alerts plan is his offering of essential features and trading alerts targeted toward those who may be interested. For just $147 per month, you’ll have access daily premarket stock watchlist and the mobile application, daily market commentary shown in real-time, as well as email and SMS alerts.
From “Superman” Paul Scolardi: Superman Pro
For the price of $247, you receive additional features, plus access to an extensive base of knowledge provided by Superman himself through the Superman Pro package. In addition to the basic features included in the Alerts plan, Superman Pro gives you weekly video lessons, including the growing collection of the previous ones. In addition you’ll also gain the ability to access premium reports on research and an IPO or earnings monitor.
Profit.ly Programs and Costs
If you’re ready to join the online trading community and leave your mark on the industry, Profit.ly has the right amount of tools to get you started. Profit.ly offers three membership levels, each designed for traders with different levels. Let’s break down what these three tiers are and how much they will cost you.
Novice Plan
The package called Novice is Profit.ly’s beginning-of-the-line plan specifically for those who are new to the trading world. Once you have signed up for this plan you’ll be provided with a variety of powerful and indispensable trading tools, each of which is essential to keep your hands on what we can describe as a cutthroat process in and of itself.
Among the list of things you can accomplish with Profit.ly’s Novice package is the capability to check the results of your trades and track profit; leading, following and even chatting with other traders; and giving feedback on the trades of today. You can also get on leaderboards; analyze, sort, and filter your trades; and, lastly, view other people’s statistics.
The Novice plan costs $29.95 per monthly payment. Although it looks attractive simply because of the price however, there’s a drawback. It isn’t possible to create a private account, making your activities publicly available. If you’re interested in have an account with this option, be watching for us to introduce to you Profit.ly’s next strategy.
Trader Plan
The Trader plan allows you to take advantage of many of the features of The Novice package. This plan allows that you can set up an individual profile that allows you for sharing with fellow associate users all your knowledge and knowledge you gain from this trading group.
Priced at $49.95/month, Profit.ly’s Trader plan is exactly what it says: Cater people who want to develop their skills in trading. Although it’s a nice thing however, there’s a crucial element that’s missing. Unlike the previous Novice package, you will not be able to see other traders’ stats that might be a drawback for those eager to try this new tier. Timothy Sykes Complaint
Pro Plan
The Pro plan is the most expensive plan Profit.ly offers to experienced traders. At $74.95 monthly, and 22% off for billing annually, this tier has everything. You get full, no-holds-barred access to all options of the prior plans.
Not only do you get to view other people’s stats as well, you’re also offered the option of creating your own private profile. Both of these features, on top of all the advantages you’ll be able to use to the fullest potential. If you’re in search of a plan that can serve you everything you need as an experienced trader, the Pro tier could be ideal for you!
Profit.ly’s Other Services
Apart from the training tools and the leaderboards, Profit.ly provides a variety of 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 designed to inform and guide you through the nuances and pitfalls of trading. The products listed in this section of the website is available to be bought immediately for your personal use. Among these products include best-sellers like”Trading Tickers,” the “Trading Tickers” series by trader professional Tim Grittani, Timothy Sykes’s collection of DVDs and streaming-only content about penny stocking, short stocking, and other related to trading, videos and clips of events like the Annual Pennystocking Conference, and other products by expert traders.
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The chat rooms that are integrated are also part of Profit.ly’s array of features and services. You may be familiar with the concept of the chat room since you can find it throughout social and messaging platforms as well as some specialty websites that offer live chat assistance. But in Profit.ly the chat room is viewed as a area where experts and 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 there. One of them may be laid back and rarely active, while another might be more interactive and online to their pupils. Think of chat rooms like Profit.ly’s version of the forum, in essence.
Who is the best trader to Profit.ly?
Profit.ly’s diverse range of products and features caters to an array of stock traders, from novices to experienced professionals. Considering the number of offers it has to offer this platform definitely has something for everyone.
Newbies, for instance, will enjoy Profit.ly’s collection of educational content offered throughout the platform. Not only will they be enriched with weekly videos and chat room tips from its in-house gurus and their members. Additionally, they can pick from the merchandise available on its store online for them to take wherever they travel. They can also gain hands-on experiences from trading within the platform, but ultimately they’ll realize that this is a high-stakes game that shouldn’t be treated as an amusing pastime.
For traders who have many years of experience down the road, we consider Profit.ly equally suitable for them as it is for those who are just starting. While the newbies may not be as well-equipped with handling trading matters however, experienced traders know the way it functions and the stack full of risks associated with it. Ideally, they may use Profit.ly’s array of features to their full advantage to develop their trading skills. Like beginners, they can study from the gurus as well as experts, and take advantage of quick tips and tidbits to help them along.
Profit.ly’s “all-inclusive” nature does not only apply to beginners and semi-experienced traders. Certified experts can also take part in the fun! People in the trade industry who are on an equal level with Superman or Tim Sykes can also use up Profit.ly’s abilities to show off their skills to others as a way to navigate them through the ever-changing trading process. Timothy Sykes Complaint
Profit.ly’s Pros and Pros and
The Pros
- Profit.ly’s numerous capabilities as a “one-stop” platform for trading stocks allows traders across the globe with a wealth of education tools, communication, and trading tools
- You’ll be taught by experts and advice from the company’s inside experts, as well as libraries of educational videos and trading in real-time.
- You can be sure of complete transparency through Profit.ly with accurate analytics as well as fellow traders who are ready to reach you out if something occurs.
- The leaderboard feature on the platform gives you a way to build your credibility as a trustworthy and verifiable trader
- Apart from its core capabilities, Profit.ly also gives its users extra options to suit their individual preferences, for instance, posting unauthentic trades via screenshots
- Profit.ly’s wide array of packages and subscription levels are priced at reasonable prices There’s something for every person
The Cons
- Profit.ly’s numerous products and packages offered might be too much for a lot of its customers
- If traders decide to open any kind of trade, there’s 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 ignored.
- Profit.ly does not offer refunds as its premium users are expected to immediately benefit from the number of features the platform is able to provide
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The Final Verdict is: Is Profit.ly Worth It?
If we could think of an answer to this question, it would be 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 intended to be created in this way. Instead, it is best to keep an open mind. Timothy Sykes Complaint
What we do mean”yes” is that it can be a great learning tool. People who are stuck may find Profit.ly’s array of resources to be helpful as they do their best to avoid losses and be more successful than before. It’s not only the struggling traders who will benefit from this platform. It is able to accommodate novices and even experts in the field!
If you truly care about being better at trading and wish to learn from your fellows and gurus along the way, then take a look at Profit.ly. Profit.ly may be a great alternative to start.
FAQ Timothy Sykes Complaint
What are the best ways to use Profit.ly to make your trades public?
Profit.ly offers an entry section for trades within the “My Trade section of the dashboard. It lets you post your trades, either verified or otherwise. There are three choices:
- Linking your account with your broker of choice and import the trades from that directly
- Manually entering your trades into provided spaces and specifics
- Send a screen shot of your transactions
How can I tell whether the trade is authentic or not?
If you purchase your trade through a reliable brokerage, there is a high probability that it’s verifiable. This is evident by the blue check mark. 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 friends and colleagues. A large number of downvotes could result in you appearing in the Madoff leaderboard, where people are able to identify who is dishonest in posting trades.
Does the Profit.ly mobile app still available?
As of this writing, Profit.ly is still available for download on the App Store for Apple and the Google Play store. The mobile app version is compatible with most working smartphones and tablets.
How many people are 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 develop and grow in their ability to take advantage of opportunities in the stock market left and right.
