The stock market can be a high-stakes game. On some days, you could have the benefit of positive and satisfying numbers. On other days it could be the reverse and it can be very difficult to get back to where you were your best. If you find yourself constantly stuck in the gutter You will need to recognize that relying on your instincts and preserving might not be enough.
If you’ve suffered loss from time to time and you’re likely to require solid advice from seasoned and tested trading experts. You’re also gonna need a significant boost from your colleagues in the market from all over the globe, which is why we’ve found an online platform that will help you in your improvement in the market. In this review, we’ll be taking a look at Profit.ly, a well-recognized 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. 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 Hoax
The User’s Experience 4.5/5
Profit.ly can be described as an online platform for trading that permits traders of different levels to be knowledgeable and accountable, as well as transparent and to build relationships with each other by offering a wide range of features and tools such as trade verification, chat rooms as well as an extensive library of educational material.
How do I define Profit.ly?
Profit.ly is a trading site which serves as a training and learning platform for people who are starting out and also as a platform for traders with experience to keep track of their performance using the aid of sophisticated analytics tools. It provides users with a vast array of options for communication and trade and letting traders from all walks of life network with each other. It offers gurus with an opportunity to invest in the right areas of this platform. Consider it the social media equivalent the likes of Facebook and Reddit however it is geared towards experts and traders.
Profit.ly independently verifies trade performances and posts all the data of them in the manner of leaderboards. The platform for trading is built on trust and transparency. it ensures that the trades are valid and won’t tolerate inauthenticity as much as is humanly possible. It was created in the past by penny stock trade expert and investment expert Timothy Sykes, along with fellow expert Michael Mosseri.
One time during his interview with Forbes publication, Sykes declared that Profit.ly was motivated by its focus “on the transparency of the entire spectrum of trades, something which was never prior to.” The concept, he added, served two objectives: one) making public records for not just the gurus and students and newsletter writers and secondly) making it possible for all users to learn from the losses and wins to benefit the industry of trading. Timothy Sykes Hoax
How Does It Work?
Profit.ly is a subscription-based platform that allows stock traders to benefit from a variety of services and features geared toward achievement. You can create an account for free, but you’re only limited to having the ability to navigate through the leaderboard and follow the activities of people who aren’t 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 subscribe to any of Profit.ly’s offers, which we will go over shortly.
Making an account simple: Create a profile with your experiences and skills, join to your brokerage account and you have yourself the chance to climb through at the very top of the list. Profit.ly’s leaderboard feature, as mentioned previously it is designed to provide its users a glimpse of their performance as a trading group as well as its experts. You’re not just allowed to prove that you’re worthy to the large group of traders, but you are also able to use Profit.ly to buy with a guru, and have the confidence that you are confident with their expertise and the credibility of their claims.
If you’re not comfortable with the idea of sharing the details of your broker account you may opt to post your trades, either verified or not, by taking photographs. Included in Profit.ly is the huge selection of trading classes, the ability to view the stats of a trader’s account and other methods to connect with your gurus in the chatroom, as well as notifications via email or text 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 famously known for his efforts in trades in penny stocks. According to Investopedia Penny stock is a small business’s stock which trades at under $5 for each share. Penny stock trading could be viewed as a stepping stone for small-scale businesses to make the transition into a larger market because it allows them to access capital from the public. But don’t be mistaken – it’s also an extremely risky game, as Sykes is sure to reveal through his many years of expertise.
Since his initial beginnings in the latter years of High School, Tim Sykes has, since then, made an estimated $6 million earnings during his long and successful career as a trader. At the age of 25, he had been given more exposure and a wider influence over time when he became part of the reality TV show “Wall Street Warriors.” He then made use of the show to develop trading rooms, penny stock themes, and educational content geared toward those who are new to the trading field. He also helped to establish Profit.ly as a place for openness, and to allow the community to rise and compete on the platform.
The Profit.ly Gurus
One of Profit.ly’s amazing features is the wide range of educational tools, trade alerts and other helpful stuff provided by the in-house experts of the platform. Gurus are referred to the trading experts who have earned substantial profits from their combined years of knowledge. Timothy Sykes Hoax
At its peak, Profit.ly had housed up to five gurus, each of them a professional in their niche in the trading industry. Some of the most famous experts included Connor Bruggermann, Nathan Michaud of Investors Underground, and Triforce as well as a handful of others. At the time of 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. With that taken into consideration Let’s look at what packaged deals each guru offers.
From Tim Sykes Tim Sykes
Sykes provides basic stock trading services with the main priority being penny-priced day trading with Tim’s Alerts. The cost is $74.95 for a month you’ll be able to observe him focus on basic stock catalysts and employ them to anticipate the next moves that could occur when trading.
A single purchase of Tim’s Alerts will get you access to the chatroom, as well as the mobile app available on iOS and Android devices, texts, emails 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. Priced at $149.95 monthly, it is the perfect plan for those who are involved in investing in penny stocks. Pennystocking Silver offers all the essential features of earlier plans including swing trading alerts as well as unlimited access to a rich collection of more than 7,000 educational videos that are updated 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 tiny-cap massive stocks as well as wildly accurate marketing forecasts. Through the years since when he first started trading, Superman has amassed over $5.5 million in trading profits. Timothy Sykes Hoax
The Superman Alerts plan is his offering of essential features and trading alerts geared towards those who might be interested. For $147/month, you’ll get access to the daily stock watchlist that is premarket as well as the mobile app, daily market commentary shown in real-time, and email and SMS alerts.
From “Superman” Paul Scolardi: Superman Pro
For $247 per month, you can enjoy additional features, as well as access to a knowledgeable base of information provided by Superman himself via his Superman Pro package. Alongside the standard features featured in the Alerts package, Superman Pro gives you daily video lessons, which include the growing collection of other previous ones. In addition, you’ll also get an access to high-quality research papers as well as the IPO or earnings monitor.
Profit.ly plans and costs
If you’re ready to join the trading community on the internet and leave your mark on the industry, Profit.ly has the right amount of tools to get you going. The platform offers three membership levels that cater to traders at different levels. Let’s break down what these three levels are and what they will cost you.
This package for novices is Profit.ly’s basic plan that is designed specifically for people who are brand new to the trading world. As you sign to this plan, you will be immediately provided with a variety of powerful and essential trading tools, all of which is essential to keep your fingers on what we could call a ruthless procedure in its own.
Among the list of things you can do using Profit.ly’s Novice package include the ability to verify the results of your trades and track profit and follow-up, leading, and even messaging your fellow traders, as well as giving feedback on the trades of today. It also allows you to be onto leaderboards; study your trades, sort as well as filter trades; and lastly, look at other’s stats.
The Novice plan is $29.95 per monthly payment. While it may look attractive simply because of the price, there is a downside. It isn’t possible to create a private account, making your actions public. If you’re looking to get an account with this option, be watching for us to introduce to you Profit.ly’s next strategy.
The Trader package lets users to benefit from many of the features of the Novice plan. It is in this plan that you can create a private profile for sharing with fellow associates all your insights and knowledge you gain from this trading group.
Priced at $49.95/month, Profit.ly’s Trader plan will do what the name implies catering people who want to improve their expertise in trading. Although it’s a nice thing but there’s one important feature that is missing. Unlike the previous Novice package, this one won’t be able to see the statistics of other traders that could be a problem for those who are anticipating this level. Timothy Sykes Hoax
The Professional plan can be described as the highest premium package that Profit.ly could offer for seasoned traders. At $74.95 monthly, with a 22% discount for annual billing This plan offers everything. It gives you full, unlimited access to all features of the previous plans.
Not only do you get to view other people’s stats, but you’re also given the opportunity to create your own private profile. Both of these options, plus the other benefits that you can use to their fullest capacity. If you’re looking for an account that will give you everything you need as an experienced trader, the Pro level is ideal for you!
Profit.ly’s Other Services
Apart from the provided tools for training and leaderboards, Profit.ly provides a variety of additional services that it can provide. One of these is its online store, which allows users to choose from a wide array of instructional videos that are created to provide guidance on 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 such as”Trading Tickers,” the “Trading Tickers” series from trading expert Tim Grittani, Timothy Sykes’s collection of DVDs and streaming-only content on short stocking, penny stocking, and other aspects of trading. There are also clips and scenes from The Annual Pennystocking Conference, and items from other experts in trading.
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The chat rooms that are integrated are also part of Profit.ly’s variety of features and services. You are probably familiar with chat rooms since you can see it across messaging and social platforms, and also on a few specialty websites that provide live chat assistance. But on Profit.ly it’s seen as a real-time place where gurus and their 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. Some may be a laid-back person who is less active, while another might be more interactive and online in their interactions with students. Think of chat rooms as Profit.ly’s version of a forum, in essence.
Who is the ideal trader to Profit.ly?
Profit.ly’s variety of offerings and features are geared towards an array of stock traders, from novices to the most experienced. With the variety of deals it can provide, the platform surely has something for everyone.
Newbies, for instance, will enjoy Profit.ly’s knowledge-based information available on the platform. In addition, they will be provided with videos every week and chat room tips from the in-house experts and members. They’ll also be able choose from the items on its store online for them to take wherever they may be. You can also get hands-on experiences from trading within the platform, but eventually they’ll be able to realize that this is a risky game that shouldn’t be taken as an opportunity to make fun of.
For those traders who have had many years of experience down the road, we consider Profit.ly as equally as suitable to people who are just beginning. While novice traders may not be as adept at dealing with trading issues, the pros already understand the way it functions and the plethora of risks associated with it. It is ideal to make use of Profit.ly’s variety of options to their maximum advantage to enhance their trading abilities. Like novices, they can learn from the experts and experts , and use those quick tips and tidbits to help them along.
Profit.ly’s “all-in” approach does not only apply to beginners as well as semi-seasoned traders. Experts who have been verified can also participate in the enjoyment! Trade professionals who are at similar levels to Superman or Tim Sykes can also use up Profit.ly’s abilities to show off their skill to others in order to navigate them through the ever-changing trading process. Timothy Sykes Hoax
Profit.ly’s Pros and Pros and
- Profit.ly’s diverse capabilities as a “one-stop’ platform for trading stocks allows traders from all over the world with an abundance of knowledge tools, communication, and trading tools
- You’ll receive excellent training and tips from the internal experts, which include collections of educational videos as well as trading in real-time.
- You can be sure of complete transparency through Profit.ly with accurate analytics as well as fellow traders ready to call you when something goes wrong.
- The leaderboard feature of the platform offers you the opportunity to increase your reputation as a reliable and dependable trader
- Apart from its main features, Profit.ly also gives its customers extra options that can be tailored to their preferences, such as posting unverifiable trades through screenshots
- Profit.ly’s diverse range of packages and subscription levels are priced at a reasonable cost There’s something for every person
- Profit.ly’s numerous packages and services offered could be too much for most of its customers
- If traders decide to post any kind of trade, there is a possibility that some of them may take advantage by cherry-picking the best trades to increase the rating – this may be a concern that should not be simply overlooked
- Profit.ly will not allow refunds as the premium customers are expected to immediately benefit from the number of features the platform is able to offer
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The Final Verdict: Is Profit.ly Valued?
If we could come up with an answer to this question, it would be yes. But you need to understand that the platform should not be used as a get-rich-quick scheme. The platform wasn’t originally designed to be used for this reason. Instead, you need to have the ability to think with an open heart. Timothy Sykes Hoax
What we do mean”yes” is that it can be a great learning tool. People who are stuck could find Profit.ly’s array of resources useful as they do their best to incur lesser losses and perform better than before. Not only struggling traders who will benefit from the platform. It will be able to accommodate beginners as well as even experts in the field!
So, if you genuinely care about being a better trader and want to be taught by your mentors and peers throughout the process, then look no further – Profit.ly could be a good choice to start.
FAQ Timothy Sykes Hoax
How do you use Profit.ly to post your trades?
Profit.ly offers a trade entry portion in the My Trade’ category of the dashboard. It lets you post your trades, verifiable or not. You may choose between three choices:
- Connecting your account to your brokerage of choice and then importing the trades from that directly
- Manually entering your trades using provided spaces and specifics
- Upload a screenshot of your trades
How can I tell if the trade is verifiable or not?
If you purchase your trade from a reputable brokerage, there’s a high chance that it is verifiable. This is shown by the small blue check. If you upload it manually or through pictures, it will be assigned as unverified.
The drawback of posting an unauthenticated trade is the risk of receiving negative feedback from fellow peers. Too many downvotes may result in you appearing at the top of the Madoff leaderboard, where people can see who’s fraudulent in posting trades.
Does the Profit.ly mobile app still available?
At the time of writing, Profit.ly is still available to download from the App Store for Apple and in the Google Play store. The mobile app version works with all working smartphones and tablets.
How many are on Profit.ly?
Profit.ly currently houses more than 150,000 investors and traders, as they not only are trying to maximize profits but also to help one another grow and learn more about acquiring stock market opportunities left and right.