The stock market can be an extremely risky game. On some days, you might have the benefit of positive and satisfactory numbers. On other days, however, the opposite may happen and it could be very difficult to return to the point you were at your most productive. If you are always in the mud it is important to realize that relying on instinct and survival may not always be enough.
If you’ve suffered occasional losses and you’re likely to require reliable advice from tested and tried trading experts. You’re also gonna need an important boost from trading partners from all over the globe. That’s why we’ve discovered a platform that can support you to improve your performance in the industry. We’ll be taking 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.
Overall Rating: 4.1/5 Timothy Sykes Complaints
The User’s Experience 4.5/5
Profit.ly offers an internet-based trading service that allows traders of various levels to be informative and accountable, as well as transparent and encouraging each other through its broad variety of tools and features such as trade verification, chat rooms as well as an extensive library of educational content.
What exactly is Profit.ly?
Profit.ly is a site for trading that functions as a learning and training platform for people new to trading and as a hub for traders with experience to keep track of their performance using the aid of advanced analytics tools. Providing users with a wide array of options for trade and communication, it helps traders from all walks of life network with each other. It also allows gurus to make worthwhile investments within the confines that the site. Consider it an online social media platform similar like Facebook and Reddit but with a focus on experts and traders.
Profit.ly independently verifies trade performances and publishes all data of them in the manner of leaderboards. The platform for trading is built on transparency and honesty: it makes sure that transactions are legitimate and will not accept fake news as long as it is possible. It was created in the past by penny expert in stock trading and investment expert Timothy Sykes, along with fellow expert Michael Mosseri.
In an appearance in Forbes magazine Sykes said that Profit.ly was driven by its focus “on showing every trade, something that was never done before.” The concept was, he said, serving two goals: 1.) keeping track of public data for all traders, not just the gurus as well as newsletter writers and students and secondly) making it possible for all users to be enlightened by both the wins and losses to benefit the industry of trading. Timothy Sykes Complaints
How Does It Work?
Profit.ly is a subscription-based platform that lets stock traders benefit from a variety of services and features geared at achieving achievement. You can create an account at no cost, however you’re only limited to having the capability to browse the leaderboard and observe 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 will need to sign up to one of Profit.ly’s deals that we’ll go over shortly.
Making an account simple: Create an account that includes your personal information and skills, join to your brokerage account, and you’ll be given the chance to climb your way up to at the very top of the list. Profit.ly’s leaderboard feature, as mentioned previously, is designed to give its users an insight into how the community of traders performs as well as its gurus. You’re not just allowed to show your worth to a community of traders. You are also able to use Profit.ly to purchase with a guru, and have the confidence that you are confident with their expertise and the veracity of their claims.
If you’re not comfortable with the idea of divulging information about your account with a brokerage, you may decide to share your trades, verified or not, by taking pictures. Also included in Profit.ly is the huge selection of courses in trading, the ability to view the stats of a trader’s account, and more ways to communicate with your gurus via chatrooms 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 trader who is famously known for his efforts in penny stock trading. According to Investopedia, a penny stock refers to a small company’s stock which trades at under $5 for each share. Penny stock trading could be viewed as an opportunity for small-scale businesses to make the transition to a large marketplace as it allows them to access money from the public. However, don’t get it wrong – it can also be an extremely risky game, as Sykes is sure to reveal through his many years of experience.
From his beginnings at the end of his time in high school, Tim Sykes has, since then, made more than $6 million in earnings through his lengthy career as trading professional. At 25 years old, he had been given greater exposure and a larger impact when he became part of the reality series “Wall Street Warriors.” He used the opportunity to establish 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 establish Profit.ly as a place for transparency and for the community to lift each other up and compete on the platform.
The Profit.ly Gurus
One of Profit.ly’s most appealing features is the vast array of learning resources, trade alerts, and other helpful stuff provided by the in-house experts of the platform. Gurus are referred to the trading experts who have proven to make substantial amounts of money through their years of knowledge. Timothy Sykes Complaints
At its height, Profit.ly had housed up to five gurus, each of them an expert in their field of expertise in the trading industry. Some of the most famous gurus included Connor Bruggermann, Nathan Michaud of Investors Underground, and Triforce, among a few others. At the time of writing 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. In light of that, let’s take a look at the packaged offers each guru has to offer.
From Tim Sykes Tim Sykes
Sykes offers a basic stock trading service that focuses on penny-stock day trading via Tim’s Alerts. The cost is $74.95 per month, you’ll be able to observe him focus on fundamental catalysts for stocks and utilize them to anticipate the next moves that could occur when making trades.
A single purchase in Tim’s Alerts will get you access to the chatroom as well as the mobile application that is available to iOS as well as Android devices; text, e-mail and push alerts; and a daily stock watchlist.
From Tim Sykes: The Pennystocking Silver Package
Pennystocking Silver is the highest-quality version that has been upgraded of the Tim’s Alerts program. At $149.95 per month, this is a great option for investors who are invested in investing in penny stocks. Pennystocking Silver includes all the basic features that were included in the previous plan, which includes swing trading alerts as well as unlimited access to a library of over 7,000 educational videos and new videos released weekly.
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The following video is from “Superman” Paul Scolardi: Superman Alerts
Scolardi who goes under the name “Superman,” is a professional in swing trading with an eye for both 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 all-time trading profits. Timothy Sykes Complaints
The Superman Alerts package is his package of vital features and alerts on trading geared to those interested. For just $147 per month, you’ll have access daily premarket stock watchlist as well as the mobile application, daily market commentary in real time, and SMS and e-mail alerts.
From “Superman” Paul Scolardi: Superman Pro
At $247/month, you get additional features, plus access to the extensive knowledge base that is provided by Superman himself through the Superman Pro package. In addition to the basic features that are included in the Alerts package, Superman Pro gives you weekly video lessonsthat include the growing collection of previous lessons. In addition you’ll also have access to premium research reports and an IPO and earnings tracker.
Profit.ly Plans and Costs
If you’re looking to join the trading community on the internet and leave your mark on the industry, Profit.ly has the right amount of resources to get you going. Profit.ly offers three membership tiers that cater to traders of different levels. Let’s break down what these three tiers 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. Once you have signed up for this plan, you will be immediately offered a range of strong and indispensable trading tools, all one of them essential in keeping your fingers on what could call a ruthless process by itself.
The list of features you can accomplish using Profit.ly’s Novice package is the ability to verify trades and track profits; leading, following, and even messaging other traders; and leaving feedback on today’s trades. You’re also allowed to get onto leaderboards; study the results of your analysis, sort, as well as filter trades and lastly, look at other people’s statistics.
The Novice plan is $29.95 per month. Although it looks attractive simply because of the price, there is a downside. You can’t create a private profile, which makes your actions public. If you do want to have the benefit of this service, you should stay tuned as we introduce to you Profit.ly’s next strategy.
The Trader Plan
The Trader plan allows you to take advantage of many of the features of the Novice plan. This plan allows that you are able to create a private profile for sharing with fellow associate users all the insights and intel in this trading group.
Costing $49.95/month, Profit.ly’s Trader plan will do what the name implies caters people who want to improve their trading skills. As nice as it seems, there is one significant aspect that’s not included. In contrast to the Novice package, you will not be able to view the statistics of other traders that might be a drawback for those who are anticipating this level. Timothy Sykes Complaints
This is by far the highest premium package that Profit.ly offers to experienced traders. It costs $74.95 each month and a 22% discount for billing annually the Pro plan has everything. You get full, no-holds-barred access to all the options of the previous plans.
In addition, you’ll be able to look at other people’s statistics, but you’re also given the option of creating a private profile. Both of these features, on top of all the advantages that you can utilize to the maximum extent. If you’re in search of an account that will give all the features you need to be an experienced trader, the Pro level is the right choice for you!
Profit.ly’s Other Services
In addition to the training tools and the leaderboards, Profit.ly has a few additional services that it can provide. One of them is the online store, which lets users pick from a range of instructional videos that are designed to inform and help you understand the nuances and pitfalls of trading. Each of the offerings listed on this page of the website can be bought immediately for your personal use. These include best-selling products such as”Trading Tickers, “Trading Tickers” series by trading expert Tim Grittani, Timothy Sykes’s collection of DVDs and streaming-only content related to short stocking, penny stocking, and all other aspects of trading. There are also clips and scenes taken from The Annual Pennystocking Conference, and products from other expert traders.
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The integrated chat rooms are as well part of Profit.ly’s variety of services and features. You are probably familiar with the concept of the chat room as you will see it on social and messaging platforms and also on a few specialty websites that provide live chat assistance. But on Profit.ly the chat room is viewed as a hands-on space where experts and their members trade and learn in real time. Every guru has their own style when it comes to running their chat room and dealing with the members there. One might be a laid-back person who is less engaged, while another could be more active and in touch to their pupils. Think of chat rooms 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 an array of stock traders, ranging from novices to experienced professionals. Given the wide range of options it offers, the platform surely has something for everyone.
Newbies, for instance, will enjoy Profit.ly’s library of learning content offered throughout the platform. In addition, they will get daily videos and chat room advice from the in-house experts and members. Additionally, they can select from the products in its online store to carry with them wherever they travel. They can also gain hands-on experiences by trading through the platform, however they’ll be able to realize that trading is a risky game that shouldn’t be treated as an opportunity to make fun of.
For traders who have years of exposure down the line, we believe Profit.ly as equally as suitable for them as it is for people who are just beginning. Although the novices might not be as adept at handling trading matters but the experts already know how it works and the risky mix associated with it. Ideally, they may utilize Profit.ly’s range of options to their maximum advantage to enhance their skills in trading. Like beginners, they can learn from the experts and experts and utilize those quick tips and tidbits to help them along.
Profit.ly’s ‘all-together’ nature doesn’t just apply to newbies or semi-experienced trader. Verified experts can also join in the excitement! Those in the trading industry who are on similar levels to Superman as well as Tim Sykes can also use Profit.ly’s capabilities. 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 Complaints
Profit.ly’s Pros and Pros and
- Profit.ly’s numerous capabilities as a “one-stop’ stock trading platform allows traders from all over the world with an abundance of knowledge tools, communication, and trading tools
- You’ll be provided with excellent lessons and advice from the company’s inside experts, as well as collections of educational videos as well as real-time trading activities
- You can be sure of complete transparency through Profit.ly with precise analytics and fellow traders ready to call you out whenever something happens
- The platform’s leaderboard feature gives you the chance to establish 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 unauthentic trades via images
- Profit.ly’s diverse range of subscription plans and guru packages are priced at a reasonable cost There’s something for everyone
- Profit.ly’s abundance of packages and products offered may seem overwhelming for the majority of its customers
- As traders may opt to open any kind of trade, there’s a possibility that some of them could profit from selecting the best trades in order to increase the rating This could be a problem that shouldn’t be overlooked.
- Profit.ly will not allow refunds as its premium users will immediately take advantage of the numerous services the platform has to provide
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The Final Verdict: Is Profit.ly worth it?
If we could think of an answer to this question, it would be a ‘yes’. However, you must realize that it shouldn’t be treated as a quick-fix scheme to make money. The platform was not always meant to be designed for this reason. Instead, it is best to keep an open mind. Timothy Sykes Complaints
What we do mean by ‘yes’ is that it can be a great learning tool. For those who are struggling, they could discover Profit.ly’s variety of resources useful as they do their best to incur lesser losses and be more successful than they did before. Not only struggling traders that will benefit from this platform. It can accommodate beginners and even experts!
So, if you genuinely desire to be a better trader and want to learn from your mentors and peers along the way, then take a look at Profit.ly. Profit.ly may be a great choice to start.
FAQ Timothy Sykes Complaints
What are the best ways to use Profit.ly to publish your trades?
Profit.ly has a trade entry portion in the “My Trade’ category of the dashboard. It lets you post your trades, verifiable or otherwise. You may choose between three options:
- Connecting your account to your broker of choice and import trades directly from there
- Manually inputting your trades with the spaces provided and details
- Send a screen shot of your transactions
How do I know if the trade is verifiable or not?
If you purchase your trade from a reputable brokerage, there is a high probability that it’s verifiable. This is indicated with the small blue check. 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 risk of receiving downvotes from fellow peers. If you receive too many negative votes, it could result in you appearing on the Madoff leaderboard, where users can see who’s untruthful in submitting trades.
Does the Profit.ly mobile app still available?
As of this writing, Profit.ly is still available for download on the Apple App Store and in the Google Play store. The mobile app version is compatible with the majority of functioning tablets and smartphones.
How many people are currently on Profit.ly?
Profit.ly currently houses over 150,000 investors and traders, as they not only are trying to maximize profits but also assist each other to develop and grow in their ability to take advantage of opportunities in the stock market all over the world.