The stock market can be an extremely risky game. On some days, you may have the benefit of pleasing and positive numbers. On other days, the opposite may happen and it could be very difficult to return to where you were at your peak. If you find yourself constantly stuck in the gutter, you will have to realize that relying on instinct and survival is not always enough.
If you’ve suffered occasional losses, you’re gonna be needing solid advice from seasoned and tested trading experts. You’re also gonna need an important boost from trading partners from all over the globe, which is why we’ve found an option that can help you to improve your performance within the field. In this review, we’ll take a 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 Courses Reddit
Value: 4.1/5
Quality: 4.1/5
Costs: 4.1/5
Users Experience 4.5/5
Summary
Profit.ly offers an internet-based trading service that enables traders of different levels to be informed, transparent, accountable, and encouraging each other through its broad range of features and tools like chat rooms, trade verification, and an enriched library of educational content.
How do I define Profit.ly?
Profit.ly is a trading site that functions as a learning and education platform for people new to trading and also as a platform for traders who are experienced to monitor their performance using the aid of advanced analytics tools. Providing users with a wide range of resources for trade and communication that help traders from all walks of life connect with each other. It gives the gurus an opportunity to invest in the right areas of this platform. Think of it as a social media site akin to Facebook and Reddit however it is geared towards experts and traders.
Profit.ly independently validates trade performance and publishes all data from them in the style of leaderboards. The trading platform is built on trust and transparency. it makes sure that trades are valid and won’t accept fake news as long as possible. It was created years ago by the penny stock trade expert and investment guru Timothy Sykes, along with fellow expert Michael Mosseri.
One time during his interview with Forbes magazine, Sykes said that Profit.ly was motivated by its focus “on showing the entire spectrum of trades, something which was never prior to.” The idea was, he said, serving two goals: 1.) creating public track records for all traders, not just the gurus and newsletter authors and students, and 2) giving everyone on the platform to gain insight into the losses and wins for the trading industry’s benefit. Timothy Sykes Courses Reddit
How Does It How Does It
Profit.ly follows a subscription-based model that lets stock traders have access to a range of tools and services that are geared at achieving achievement. You may set up an account for free, but you’re only given the capability to browse the leaderboard and observe the activities of non-gurus. If you’re interested in investing your money in order to find out which stocks the gurus are trading in real time it is necessary to sign up to one of Profit.ly’s offers, which we will review in the coming days.
Making an account easy: create an account that includes your personal information and expertise, connect to your brokerage account and you’ll have a chance to shoot your way up to high on the leaderboard. Profit.ly’s leaderboard feature, as we’ve mentioned earlier it is designed to provide its users a look at the performance of the trading community as well as its experts. It’s not only a chance to prove that you’re worthy to the community of traders, as you can also use Profit.ly to buy with a professional with the assurance that you’re confident with their expertise and the veracity of their assertions.
If you feel uneasy with the concept of leaking the details of your broker account then you could decide to share your trades, whether verified or not, by taking pictures. Included in Profit.ly are the vast number of courses in trading, the ability to view stats in a trader’s profile, and more ways to connect with your gurus through the chatroom in addition to email and text alerts as well as updates.
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Meet the Founder: Tim Sykes
Timothy Sykes is a well-renowned day trader who is well-known for delving his hands into penny stock trading. According to Investopedia, a penny stock refers to a small-sized company’s stock which trades at under $5 for each share. The penny stock market can be seen as a stepping stone for small businesses to transition to a large marketplace as it allows them to access capital from the public. But don’t be mistaken – it can also be an extremely risky game, as Sykes is sure to reveal through his many years of experience.
Beginning in the latter years of high school, Tim Sykes has, since then, earned an estimated $6 million earnings during his long and successful career as trader. At 25 years old Sykes was given greater exposure and a larger reach of influence when he became part of the reality TV show “Wall Street Warriors.” Then, he used the opportunity to develop trading rooms, penny stock themes, and educational material aimed at those who are just beginning to learn about the trading field. He also helped establish Profit.ly as a platform for openness, and to allow the community to rise and compete on the platform.
The Profit.ly Gurus
One of Profit.ly’s sweet inclusions is the wide range of educational tools, trade alerts as well as other useful information provided by the company’s internal gurus. These gurus refer to the trading experts who have proven to make substantial profits from their collective years of expertise. Timothy Sykes Courses Reddit
At its height, Profit.ly had housed up to five gurus, each of them an expert within their particular field within the world of trading. Some of the most prominent gurus 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 this platform: Founder as well as penny-stock trader Tim Sykes and veteran smallcap swing trader Paul Scolardi, also known as Superman. When we take that into account, let’s take a look at what packaged deals each guru has to offer.
From Tim Sykes: Tim’s Alerts
Sykes offers an essential stock trading service that focuses on penny-priced day trading with Tim’s Alerts. The cost is $74.95 monthly, you will observe him focus on fundamental catalysts for stocks and utilize them to forecast the next move that is possible when making trades.
A standalone purchase of Tim’s Alerts will get you access to the chatroom, as well as the mobile app that’s available to iOS as well as Android devices, as well as email, text and push alerts as well as a daily watchlist of stocks.
from Tim Sykes: The Pennystocking Silver Package
Pennystocking Silver is the premium, upgraded version of the Tim’s Alerts program. It costs $149.95 monthly, this is the perfect plan for those who are committed to investing in penny stocks. Pennystocking Silver includes all the basic features found in prior plans, such as swing trading alerts as well as unlimited access to a library of over 7,000 educational videos that are updated each week.
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From “Superman” Paul Scolardi: Superman Alerts
Scolardi, who goes by the alias “Superman,” is a swing trading professional with an eye for both small-cap monumental stocks and crazy-accurate marketing forecasts. Through the years since when he first started trading, Superman has amassed over $5.5 million in trading profits. Timothy Sykes Courses Reddit
The Superman Alerts plan is his package of vital features and trading alerts geared to those interested. For $147 per month, you’ll gain access to the daily premarket stock watchlist as well as the mobile app, daily market commentary shown in real time, and E-mail and SMS alerts.
From “Superman” Paul Scolardi: Superman Pro
At $247/month, you get additional features, plus access to an extensive base of knowledge that is 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. Additionally, you’ll also get the ability to access premium reports on research and an IPO or earnings monitor.
Profit.ly plans and costs
If you’re looking to join the world of online trading and make a mark on the market, Profit.ly has the right amount of resources to get you going. The platform has three membership tiers that cater to traders at different levels. Let’s take a look at what these three levels are and what they will cost you.
Novice Plan
This package for novices 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 to this plan, you will be immediately given a slew of robust and essential trading tools, each one of them essential in keeping your hands on what we could call a ruthless procedure in its own.
Among the list of things you can accomplish using Profit.ly’s Novice package is the capability to check trades and track profits and follow-up, leading and even chatting with 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, lastly, view other’s stats.
The Novice plan costs $29.95 per month. Although it might look appealing simply because of the price however, there’s a drawback. You aren’t able to create a personal profile, which makes your personal information public. If you do want to have an account with this option, you should be watching for us to introduce to you Profit.ly’s next strategy.
Trader Plan
The Trader package allows you to take advantage of many of the features of the Novice plan. It is in this plan 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 the trading community.
Costing $49.95/month, Profit.ly’s Trader plan does what the name suggests: Cater to those who desire to improve their trading skills. Although it’s a nice thing, there is one significant element that’s missing. Unlike the previous Novice package, you will not be able to view the statistics of other traders this might be a drawback for those looking forward to this tier. Timothy Sykes Courses Reddit
Pro Plan
This is by far the highest expensive plan Profit.ly can offer to experienced traders. At $74.95 monthly, with a 22% discount when billed annually This plan offers it all. You will have full, unrestricted access to all options of the previous plans.
You’re not only able to view other people’s stats, but you’re also given the chance to create an individual profile. Both of these features, in addition to the benefits that you can use to the maximum extent. If you’re looking for a plan that can serve all the features you need to be trader with experience, the Pro level is the right choice for you!
Profit.ly’s Other Services
Apart from the trainer tools and leaderboards, Profit.ly has a few more services it has to provide. One of those is its online store, where customers can pick from a range of videos that are designed to educate and guide you through the nuances and pitfalls of trading. Each of the offerings 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 from trading professional Tim Grittani, Timothy Sykes’s collection of DVDs and streaming-only content on penny stocking, short stocking, and all other things trading-related, clips and clips from the Annual Pennystocking Conference, and other products by expert traders.
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Chat rooms integrated into Profit.ly are included in Profit.ly’s variety of features and services. You’re probably familiar with the chat room since you can see it across social and messaging platforms and also on a few specialty websites that provide live chat support. However, 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 running their chat rooms and in dealing with the members there. One might be more laid back and less active, while another may be more active and in touch with their students. Think of the 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 are geared towards a large variety of stock trader types, from novices to experienced professionals. With the variety of deals it can provide it is certain to have something for everyone.
Newbies, for instance, will appreciate Profit.ly’s collection of educational content offered throughout the platform. Not only will they be provided with videos every week and chat room tips by its internal gurus as well as their members. Additionally, they can choose from the items from its online store to carry with them wherever they may go. Additionally, they can gain practical experiences by trading through the platform, but ultimately they’ll be able to realize that the process is a high stakes game that shouldn’t be treated as an amusing pastime.
For traders who have years of exposure down the road, we consider Profit.ly equally suited to them as the newcomers. While the newbies may not be as well-equipped with managing trading, the pros already understand the way it functions and the risky mix that come with it. In the ideal scenario, they can utilize Profit.ly’s array of options to their maximum advantage to develop their trading abilities. Like novices, they can study from the gurus and experts and utilize those simple tips and hints to help them along.
Profit.ly’s “all-in” approach isn’t limited to novices as well as semi-seasoned traders. Experts who have been verified can also participate in the enjoyment! Those in the trading industry who are at similar levels to Superman as well as Tim Sykes can also use Profit.ly’s capabilities. Profit.ly’s capabilities to display their expertise to other traders as a way to guide them through the ever-illustrious trading process. Timothy Sykes Courses Reddit
Profit.ly’s Pros and Cons
The Pros
- Profit.ly’s diverse capabilities as a ‘one-stop’ stock trading platform allows traders across the globe with tons of learning, communication, and trading tools
- You will 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 assured of transparency throughout Profit.ly by using accurate data as well as fellow traders who are ready to reach you when something goes wrong.
- The leaderboard feature on the platform gives you a way to build your credibility as a trustworthy and verifiable trader
- In addition to its primary capabilities, Profit.ly also gives its users extra options to suit their preferences, such as posting unauthentic trades via images
- Profit.ly’s variety of subscription levels and guru packages are priced at affordable rates There is truly something for everyone
The Cons
- Profit.ly’s abundance of packages and services offered could not be enough for a lot of its customers
- If traders decide to open any kind of trade, there is a possibility that some of them will profit by selecting the best trades in order to increase the rating this could be a problem that shouldn’t be overlooked.
- Profit.ly does not accept 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: Is Profit.ly worth it?
If we could come up with an appropriate answer for this query, it would be an affirmative “yes”. But it is important to realize that the platform should not be used as a scheme to get rich quick. The platform wasn’t originally designed to be used for this reason. Instead, you should have curiosity. Timothy Sykes Courses Reddit
What we are referring to by ‘yes’ is that it could be a useful learning tool. For those who are struggling, they might find Profit.ly’s array of resources to be helpful as they do their best to avoid loss and perform better than before. It’s not just the poor traders that can benefit from the platform. It will be able to accommodate beginners as well as even experts in the field!
If you truly want to become more successful in trading and would like to learn from your peers and experts throughout the process, then look no further – Profit.ly may be a great choice to start.
FAQ Timothy Sykes Courses Reddit
How do you use Profit.ly to make your trades public?
Profit.ly includes a trade entry portion under the My Trade section of the dashboard which lets you post your trades, either verified or otherwise. You may choose between three options:
- Linking your account to the 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 can I tell whether the trade is authentic or not?
If you import your trade from a trusted brokerage, there’s a high probability that it’s verifiable. This is shown by the blue check mark. If you upload the information manually or via images, it will be classified as unverified.
The downside of having an unverified trade is the possibility of receiving negative feedback from colleagues. A large number of downvotes could cause you to show up at the top of the Madoff leaderboard, where users can see who’s untruthful in submitting trades.
Is the Profit.ly mobile app still available?
As of this writing, Profit.ly is still available to download via the Apple App Store and the Google Play store. The mobile app version is compatible with the majority of working smartphones and tablets.
How many are on Profit.ly?
Profit.ly is currently home to over 150,000 investors and traders, because they are not just looking to earn maximum profits but also assist each other to develop and grow in their ability to take advantage of opportunities on the stock market left and right.
