Stock trading can be an exciting game with high stakes. On certain days, you may have the benefit of pleasing and positive numbers. On other days, however, the opposite may happen, and it may sometimes be very difficult to get back to where you were at your best. If you’re constantly stuck in the gutter You will need be aware that relying solely on pure instinct and preservation may not always be enough.
If you’ve experienced occasional losses, you’re gonna be needing reliable advice from tested and tried trading experts. You’re also gonna need an important boost from fellow traders from around the globe. That’s why we’ve identified a platform that can support you in your improvement in the market. In this review, we’ll be taking an in-depth 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.
Overall Rating: 4.1/5 Timothy Sykes Course Review
Value: 4.1/5
Quality: 4.1/5
Costs: 4.1/5
The User’s Experience 4.5/5
Summary
Profit.ly is an online trading platform that allows traders of different levels to be informative responsible, transparent, and to build relationships with each other through its broad variety of tools and features like trade verification, chat rooms, and an enriched library of educational material.
What exactly is Profit.ly?
Profit.ly is a site for trading which serves as a learning and education platform for people new to trading and as a hub for experienced traders to track their performance using the aid of advanced analytics tools. It provides users with a vast array of options for trade and communication that help traders from all walks of life network with one another. It gives the gurus worthwhile investments within the confines of this platform. Consider it the social media equivalent to 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’s trading model is based on transparency and honesty: it guarantees that the trades are authentic and won’t tolerate inauthenticity as much as possible. It was founded many years ago by penny stock trade expert and investment guru Timothy Sykes, along with his colleague Michael Mosseri.
One time , during an interview for Forbes magazine, Sykes stated that Profit.ly was driven by its focus “on showing all trades, something that was never done before.” This idea Sykes said served two goals: 1.) keeping track of public data for all traders, not just the gurus and students and newsletter writers as well as) allowing anyone on the platform to learn from both the wins and losses to the benefit of the trading industry. Timothy Sykes Course Review
How Does It Perform?
Profit.ly is a subscription-based platform that lets stock traders benefit from a variety of tools and services that are geared at achieving the success of their business. You may set up an account on the site for free, but you’re only given the capability to browse the leaderboards and monitor the activities of non-gurus. If you’re looking to invest your money in order to find out what stocks the experts are trading in real time You’ll need to subscribe to any of Profit.ly’s deals that we’ll discuss in the near future.
Setting up an account is easy: create an account with your experience and knowledge, then connect your brokerage account, and you’ll be given a chance to shoot through at the very top of the list. Profit.ly’s leaders’ board feature as mentioned previously, is designed to give its users a look at the performance of the trading community and its experts. You’re not just allowed to prove value to a large group of traders, but you can also use Profit.ly to buy with a professional with the assurance that you’re comfortable of their knowledge and the credibility of their claims.
If you feel uneasy with the concept of leaking information about your account with a brokerage, you can choose to publish your trades, either verified or otherwise, through screenshots. In Profit.ly is the huge selection of trading classes, the ability to view the stats of a trader’s account, and more ways to communicate with your gurus through the chatroom in addition to 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 personality who is well-known for delving his hands into trades in penny stocks. According to Investopedia, a penny stock refers to a small-sized company’s stock that trades for less than $5 per share. The trading of penny stocks is a stepping stone for small-scale businesses to make the transition to a market that is larger as it gives them access to funds from the public. However, don’t get it wrong – it’s also an extremely risky activity, as Sykes will be able to tell you thanks to his years of expertise.
From his beginnings at the end of his time in the high schools, Tim Sykes has, since then, earned over $6 million of earnings through his lengthy career as trader. At the age of 25, he had been given more exposure and a wider impact when he became part of the reality series “Wall Street Warriors.” He then took advantage of it to establish trading rooms and penny stock themes as well as educational content targeted at those who are just beginning to learn about trading. He also helped establish Profit.ly as a place for transparency and for the community to lift each other up and compete with each other on the platform.
The Profit.ly Gurus
One of Profit.ly’s amazing features is the variety of learning tools, trade alerts and other useful stuff offered by the company’s internal gurus. These gurus refer to the experts in trading who have proven to make substantial profits from their collective years of expertise. Timothy Sykes Course Review
At its height, Profit.ly had housed up to five gurus. Each of them a professional in their field of expertise within the world of trading. Some of the most prominent gurus included Connor Bruggermann, Nathan Michaud of Investors Underground, and Triforce among others. As of this writing, there are only two gurus who remain on this 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 the packages each guru can offer.
From Tim Sykes: Tim’s Alerts
Sykes offers basic stock trading services with the main priority being penny stock day trading through Tim’s Alerts. Costing $74.95 for a month you’ll see him focus on the fundamental stock catalysts and use them to forecast the next moves that could occur when making trades.
A standalone 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 email, text and push alerts; as well as a daily watchlist of stocks.
Tim Sykes: From Tim Sykes: The Pennystocking Silver Package
Pennystocking Silver is the most premium version that has been upgraded of the Tim’s Alerts package. Priced at $149.95 monthly, this is the perfect plan for investors who are involved in penny stock trading. Pennystocking Silver includes all the basic features of the previous plan, such as swing trading alerts and unlimited access to an extensive library of over 7,000 educational videos, with new ones released each week.
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From “Superman” Paul Scolardi: Superman Alerts
Scolardi, who goes by the name “Superman,” is a swing trading professional with an eye for small-cap monumental stocks and crazy-accurate marketing forecasts. Since the time he started trading, Superman has amassed over $5.5 million in total trading profits. Timothy Sykes Course Review
The Superman Alerts plan is his offer of the most essential features and trading alerts targeted toward those who may be interested. For $147 per month, you’ll gain an access to the day-to-day stock watchlist that is premarket along with the mobile app, the daily market commentary in real-time, and E-mail and SMS alerts.
From “Superman” Paul Scolardi: Superman Pro
For $247 per month, you can enjoy additional features, plus access to the extensive knowledge base of information provided by Superman himself, via Superman Pro. Superman Pro package. On top of the essentials featured in the Alerts plan, Superman Pro gives you weekly video lessons, including a growing library of all previous lessons. In addition you’ll also gain an access to high-quality research papers and the IPO and earnings tracker.
Profit.ly Programs and Costs
If you’re eager to join the online trading community and make a mark on the industry, Profit.ly has the right amount of tools to get you started. Profit.ly offers three membership tiers, each designed for traders at different levels. Let’s break down what these three levels are and what they’ll cost you.
Novice Plan
The Novice package is Profit.ly’s entry-level plan designed especially for those who are new to the trading community. As you sign to this plan, you will be immediately provided with a variety of powerful and vital trading tools, all of them integral in keeping your hands on what we call a competitive process in and of itself.
Among the list of things you can accomplish using Profit.ly’s Novice package include the ability to confirm the results of your trades and track profit and follow-up, leading and even chatting with other traders; and giving feedback on the trades of today. It also allows you to be onto leaderboards; study your trades, sort and filter your trades; and, lastly, view other people’s statistics.
The Novice plan costs $29.95 per month. Although it might look appealing simply because of the price however, there’s a drawback. You can’t create a private account, making your personal information public. If you’re interested in get an account with this option, be watching for us to introduce to you Profit.ly’s next plan.
The Trader Plan
The Trader plan allows you to use the majority of features available in the novice plan. It is in this plan that you are able to create an individual profile that allows you to share with fellow associate users all your knowledge and information you have gained from the trading community.
Costing $49.95/month, Profit.ly’s Trader plan does what the name suggests: Cater for those looking to harness their trading skills. While it’s nice but there’s one important feature that is missing. In contrast to the Novice package, this one won’t be able view other traders’ statistics, which might be a drawback for those eager to try this new tier. Timothy Sykes Course Review
Pro Plan
The Professional plan can be described as the highest expensive plan Profit.ly offers to experienced traders. At $74.95 per month, and 22% off for annual billing, this tier has everything. You get full, no-holds-barred access to all features of the prior plans.
Not only do you get to see other users’ stats and data, but you also have the option of creating your own private profile. Both of these options, in addition to the advantages that you can utilize to the fullest potential. If you’re looking for an option that gives you with everything you require as a skilled trader, maybe the Pro plan is ideal for you!
Profit.ly’s Other Services
Apart from the tools for training and Leaderboards Profit.ly offers a number of additional services that it can offer. One of these is its online store, which lets users select from a variety of videos created to guide you through the ins and outs of trading. Each of the offerings listed on this page of the site can be bought immediately for your personal use. These include best-selling products like”Trading Tickers, “Trading Tickers” series by trader expert Tim Grittani, Timothy Sykes’s collection of DVDs, streaming-only content on penny stocking, short stocking, and all other aspects of trading. There are also clips and scenes taken 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’re probably familiar with the concept of chat rooms since you can find it throughout social and messaging platforms, as well as some specialty websites that offer live chat support. But on Profit.ly, it is seen as a hands-on space where experts and their member traders can communicate and share knowledge in real-time. Every guru has their own way in operating their chat room and dealing with the members. Some may be laid back and less engaged, while another could be more online and communicative with their students. Think of chat rooms like Profit.ly’s version of the forum in its essence.
Who is the ideal trader to Profit.ly?
Profit.ly’s wide range of products and features caters to an array of stock traders, ranging from novices to the most experienced. Considering the number of offers it can provide this platform definitely has something for every person.
Beginners, for instance, will appreciate Profit.ly’s knowledge-based materials available across the platform. In addition, they will be enriched with weekly videos and chat room tips from its in-house gurus and their members. They’ll also be able to choose from the items in its online store to carry with them wherever they be. You can also get hands-on experiences by trading through the platform, however, they will soon learn that the process is a high stakes game that shouldn’t be treated as a joke.
For those traders who have had years of exposure down the line, we see Profit.ly as equally as suitable for them as it is for people who are just beginning. While novice traders may not be as well-equipped with handling trading matters, the pros already understand the way it functions and the stack full of risks that it carries. It is ideal to make use of Profit.ly’s array of options to their maximum advantage to develop their trading skills. Like beginners, they can study from the gurus and experts , and use those simple tips and hints to help them along.
Profit.ly’s “all-in” approach doesn’t just apply to newbies as well as semi-seasoned traders. Certified experts can also take part in the fun! Trade professionals who are on an equal level with Superman or Tim Sykes can also use Profit.ly’s capabilities. Profit.ly’s abilities to show off their skills to others in order to guide them through the ever-illustrious trading process. Timothy Sykes Course Review
Profit.ly’s Pros and Pros and
The Pros
- Profit.ly’s numerous capabilities as a “one-stop’ stock trading platform allows traders across the globe with an abundance of knowledge communications, trading, and communication tools
- You get to be provided with excellent lessons and insights from its in-house gurus, including video libraries that teach you how to learn and trading in real-time.
- You’re guaranteed transparency throughout Profit.ly with accurate analytics as well as fellow traders ready to call you out if something occurs.
- The leaderboard feature on the platform gives you the opportunity to increase your credibility as a trustworthy and verifiable 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 wide array of subscription levels and guru packages are priced at a reasonable cost There is truly something for all
The Cons
- Profit.ly’s bountiful stream of packages and products offered may seem overwhelming for a lot of its users
- Since traders can choose to make any type of trade, there is the possibility that some of them will profit by cherry-picking the best trades to increase the rating this could be a concern that should not be simply overlooked
- Profit.ly does not accept refunds, as the premium customers are expected to instantly take advantage of the numerous features the platform is able to provide
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The Final Verdict: Is Profit.ly Valued?
If we could think of an appropriate answer for this query, it would be a ‘yes’. But you need to understand that it shouldn’t be treated as a get-rich-quick scheme. The platform was not always designed to be used to achieve this goal. Instead, you need to have an open mind. Timothy Sykes Course Review
What we are referring to”yes” is that it is a fantastic learning tool. For those who are struggling, they may be able to find Profit.ly’s range of resources helpful as they do their best to incur lesser loss and perform better than they did before. It’s not only the poor traders that can benefit from this platform. It can accommodate beginners and even experts in the field!
If you really want to become a better trader and want to be taught by your peers and experts on the way, look no further – Profit.ly could be a good alternative to start.
FAQ Timothy Sykes Course Review
How do you use Profit.ly to post your trades?
Profit.ly offers a trade entry portion under the “My Trade section of the dashboard. It allows you to post your trades that are verified or otherwise. You may choose between three choices:
- Linking your account to the brokerage of choice and importing transactions directly through there
- Manually entering your trades using specified spaces and information.
- Take a photo of your transactions
How can I tell whether the trade is authentic or not?
If you purchase your trade from a reputable brokerage, there is the likelihood that it can be verified. This is evident by the blue check mark. If you upload the information manually or via images, it will be assigned as unverified.
The disadvantage of an unauthentic trade is the chance of getting downvotes from your colleagues. If you receive too many negative votes, it could result in you appearing on the Madoff leaderboard, where people can detect who’s being fraudulent in posting trades.
Is the Profit.ly mobile app still in use?
At the time of writing, Profit.ly is still available for download on the Apple App Store and on the Google Play store. The mobile app version is compatible with most operating tablets and smartphones.
How many people are using Profit.ly?
Profit.ly is currently home to over 150,000 investors and traders since they’re not just trying to maximize profits but also help each other develop and grow in their ability to take advantage of stock market opportunities all over the world.
