Stock trading is a high-stakes game. On certain days, you may be reaping the benefits of positive and satisfactory numbers. On other days you may experience the opposite and it can be extremely difficult to get back to the point you were at your most productive. If you are constantly stuck in the gutter it is important to recognize that relying on instinct and survival might not be enough.
If you’ve been incurring occasional losses, you’re gonna be needing sound advice from tried-and-tested trading experts. Also, you’ll need an important boost from colleagues in the market from all over the globe. That’s why we’ve discovered an online platform that will help you to improve your performance in the industry. We’ll be taking an in-depth look at Profit.ly A well-respected single-stop social platform to trade!
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 Is He For Reall
User Experience: 4.5/5
Profit.ly offers an internet-based trading service that allows traders of various levels to be informed and accountable, as well as transparent and encouraging one another through its wide array of tools and features such as trade verification, chat rooms and a rich library of educational content.
What exactly is Profit.ly?
Profit.ly is a trading website that functions as a training and learning platform for those who are starting out as well as a place for traders who are experienced to monitor their performance through the use of advanced analytics tools. It provides users with a vast range of resources for trade and communication and letting traders from all walks of life connect with one another. It also allows gurus to make worthy investments within the boundaries of this platform. Consider it the social media equivalent to Facebook and Reddit but with a focus on traders and experts.
Profit.ly independently checks the performance of trades and posts all the data from them in the form of leaderboards. The platform’s trading model is based on honesty and transparency: it ensures that the transactions are legitimate and will not allow for fraud as much as possible. It was established years ago by the penny expert in stock trading and investment expert Timothy Sykes, along with fellow expert Michael Mosseri.
One time , during an interview for Forbes magazine Sykes stated that Profit.ly was based “on the transparency of the entire spectrum of trades, something which has never been previously done.” The concept, he added, served two purposes: 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 everyone on the platform to learn from both losses and wins for the trading industry’s benefit. Timothy Sykes Is He For Reall
How Does It How Does It
Profit.ly follows a subscription-based model that allows stock traders to gain access to a multitude of services and features geared towards achieving success. It is possible to create an account there for free, but you’re limited to access to the leaderboards and monitor the actions of non-gurus. If you’re ready to invest your money to see which stocks the gurus are trading in real time You’ll need to join one of Profit.ly’s offers that we’ll discuss in the near future.
Setting up an account is easy: create an account with your experience and expertise, connect to your brokerage account and you’ll be given an opportunity to make your way up to the top of the leaderboard. Profit.ly’s leaders’ board feature as we’ve mentioned earlier was designed to offer its users a glimpse of the performance of the trading community and its experts. It’s not just a way to demonstrate your worth to a community of traders. You can also use Profit.ly to purchase with a professional with the confidence that you are confident of their knowledge and the veracity of their claims.
If you are unsure about the idea of divulging your brokerage account, you can opt to post your trades, verified or not, by taking screenshots. Included in Profit.ly is the huge selection of courses in trading as well as the ability to look at statistics on a person’s profile as well as other ways to connect with your gurus via chatrooms in addition to 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 trading guru who is famously known for his involvement in trades in penny stocks. According to Investopedia Penny stock refers to a small company’s stock which trades at just less than 5 cents per share. The trading of penny stocks is an avenue for small companies to move into a larger market because it gives them access to money from the public. But don’t make the mistake of thinking that it’s also an extremely risky game, as Sykes is sure to reveal because of his decades of experience.
Since his initial beginnings in the latter years of the high schools, Tim Sykes has, since then, made more than $6 million in earnings during his long and successful career as trading professional. When he was 25 years old Sykes was given greater exposure and a larger impact when he was a part of the reality series “Wall Street Warriors.” He then used the opportunity to establish 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 transparency, and for the community to uplift and compete through the platform.
The Profit.ly Gurus
One of Profit.ly’s sweet inclusions is the wide range of learning resources, trade alerts, as well as other useful information provided by the platform’s in-house gurus. Gurus are referred to the experts in trading who have earned substantial amounts of money from their combined years of knowledge. Timothy Sykes Is He For Reall
At its height, Profit.ly had housed up to five gurus. Each of them a professional within their particular field within the world of trading. Some of the prominent gurus included Connor Bruggermann, Nathan Michaud of Investors Underground, and Triforce as well as a handful of others. As of this writing, however, only two gurus remain on the platform: the founder as well as penny-stock trader Tim Sykes and veteran smallcap swing trader Paul Scolardi, also known as Superman. In light of that Let’s look at the packaged offers each guru can offer.
From Tim Sykes Tim Sykes
Sykes provides a basic stock trading service that focuses on penny stock day trading through Tim’s Alerts. The cost is $74.95 monthly, you’ll be able to see him concentrate on the basic stock catalysts and employ them to anticipate the next possible moves in trading.
A purchase on its own in Tim’s Alerts will get you access to the chatroom, as well as the mobile app 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 most premium version, with an upgraded version of Tim’s Alerts program. Priced at $149.95 for a month this is a great option for those who are more invested in investing in penny stocks. Pennystocking Silver offers all the essential features that were included in the previous plan, including swing trading alerts as well as unlimited access to a rich 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 alias “Superman,” is a professional in swing trading with an eye for tiny-cap massive stocks as well as wildly accurate marketing forecasts. Through the years since the time he started trading, Superman has amassed over $5.5 million in total trading profits. Timothy Sykes Is He For Reall
The Superman Alerts plan is an package of vital features and alerts on trading geared toward those who may be interested. For $147/month, you’ll get access to the daily stock watchlist that is premarket along with the mobile app, daily market commentary shown in real-time, and SMS and e-mail alerts.
In “Superman” Paul Scolardi: Superman Pro
For $247 per month, you can enjoy additional features, as well as access to a knowledgeable base provided by Superman himself, via Superman Pro. Superman Pro package. On top of the essentials that are included in the Alerts package, Superman Pro gives you weekly video lessonsthat include a growing library of all previous lessons. Additionally, you’ll also get the ability to access premium reports on research as well as the IPO as well as earnings tracking tool.
Profit.ly Programs and Costs
If you’re looking to join the world of online trading and leave your mark on the field, Profit.ly has the right amount of tools to get you up and running. Profit.ly offers three membership levels, each designed for traders of different levels. Let’s take a look at what these three are and how much they’ll cost you.
This package for novices is Profit.ly’s beginning-of-the-line plan specifically for those who are new to the world of trading. When you sign up for this plan you’ll be provided with a variety of powerful and indispensable trading tools, each of them integral in keeping your fingers on what we can describe as a cutthroat process by itself.
Among the list of things you can accomplish with Profit.ly’s Novice program is the ability to verify trades and track profits and follow-up, leading and even texting your fellow traders, as well as giving feedback on the trades of today. You can also get on leaderboards; analyze, sort, or filter the trades you make and, finally, see other people’s statistics.
The Novice plan is $29.95 per monthly payment. Although it might look appealing just by the price however, there’s a drawback. You aren’t able to create a personal profile, which makes your activities publicly available. 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 plan.
The Trader Plan
The Trader package lets you to take advantage of a majority of features from the Novice plan. This plan allows that you are able to create an individual profile that allows you for sharing with fellow associates all your insights and knowledge you gain from trader’s community.
The price is $49.95/month, Profit.ly’s Trader plan will do what the name implies caters people who want to harness their expertise in trading. While it’s nice however, there’s a crucial element that’s missing. As opposed to the prior Novice package, this one won’t be able view the statistics of other traders, which might be a drawback for those eager to try this new tier. Timothy Sykes Is He For Reall
The Pro plan is the most premium package that Profit.ly offers to experienced traders. At $74.95 monthly, and an additional 22% discount for annual billing the Pro plan has everything. It gives you full, unlimited access to all options of the previous plans.
In addition, you’ll be able to view other people’s stats and data, but you also have the chance to create a private profile. These two features are on top of all the benefits that you can use to their fullest capacity. If you’re looking for an option that gives all the features you need to be a skilled trader, maybe the Pro tier could be ideal for you!
Profit.ly’s Other Services
In addition to the training tools and the leadersboards Profit.ly provides a variety of more services it has to provide. One of these is its online store, which allows users to select from a variety of instructional videos that are created to provide guidance on the ins and outs of trading. All of the products featured on this page of the website is available to be immediately purchased for personal use. Some of these include bestsellers like”Trading Tickers,” the “Trading Tickers” series from trading professional Tim Grittani, Timothy Sykes’s library of DVDs and streaming-only content about penny stocking, short stocking, as well as all related to trading, videos and scenes from The Annual Pennystocking Conference, and items from other experts in trading.
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The integrated chat rooms are included in Profit.ly’s variety of services and features. You are probably familiar with the concept of chat rooms since you can see it across social and messaging platforms, as well as some specialty websites that provide live chat assistance. But on Profit.ly it’s seen as a real-time space where experts and their members trade and exchange knowledge in real-time. Each guru has their style in running their chat rooms and in dealing with the members there. One might be a laid-back person who is rarely engaged, while another could be more interactive and online in their interactions with students. Think of the chat rooms as Profit.ly’s version of a forum, in its essence.
Who is the ideal Trader for Profit.ly?
Profit.ly’s diverse range of products and features caters to the wide range of stock traders, ranging from novices to the most experienced. Given the wide range of options it offers this platform definitely has something for all.
Beginners, for instance, will enjoy Profit.ly’s library of learning information available on the platform. They will also be enriched with weekly videos and chat room advice from the in-house experts and their members. They’ll also be able to pick from the merchandise available on its store online for them to take wherever they may go. They can also gain hands-on experience trading on the platform, however they’ll be able to realize that trading is a risky game that shouldn’t be taken as a joke.
For traders who have decades of experience in the road, we consider Profit.ly as equally as suitable to people who are just beginning. Although the novices might not be as well-equipped with dealing with trading issues however, experienced traders know how it works along with the risky mix that it carries. It is ideal to make use of Profit.ly’s variety of features to their best advantage to enhance their skills in trading. Like beginners, they can study from the gurus as well as experts, and take advantage of short tips and tricks to help them along.
Profit.ly’s “all-in” approach doesn’t just apply to newbies as well as semi-seasoned traders. Verified experts can also join in the excitement! 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 expertise to other traders as a way to assist them in the ever-changing trading process. Timothy Sykes Is He For Reall
Profit.ly’s Pros and Cons
- Profit.ly’s many capabilities as a “one-stop” platform for trading stocks allows traders from all over the world with an abundance of knowledge, communication, and trading tools
- You’ll be taught by experts and advice from the company’s internal experts, which include collections of educational videos as well as trading in real-time.
- You’re assured of transparency throughout Profit.ly by using accurate data and fellow traders ready to call you when something goes wrong.
- The platform’s leaderboard feature gives you the chance to establish your credibility as a trustworthy and verifiable trader
- Apart from its main features, Profit.ly also gives its users extra options to suit their individual preferences, for instance, posting unauthentic trades via images
- Profit.ly’s wide array of subscription plans and guru packages are priced at affordable rates There is truly something for all
- Profit.ly’s abundance of packages and services offered could not be enough for a lot of its customers
- Since traders can choose to open any kind of trade, there is the possibility that some of them could profit from selecting the best trades in order to boost their rating This could be a problem that shouldn’t be simply overlooked
- Profit.ly does not offer refunds as the premium customers are expected to instantly take advantage of the numerous services that the platform can offer
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The Final Verdict The Final Verdict: Is Profit.ly Valued?
If we could think of an answer to this question, it’s yes. But you need to understand that this platform shouldn’t be viewed as a scheme to get rich quick. The platform was not always designed to be used to achieve this goal. Instead, you need to have the ability to think with an open heart. Timothy Sykes Is He For Reall
What we are referring to”yes” is that it is a fantastic learning tool. Those who may be stuck could find Profit.ly’s array of resources to be helpful in their efforts to avoid losses and be more successful than before. Not only struggling traders that will benefit from this platform. It can accommodate beginners and even experts!
If you really desire to be a better trader and want to be taught by your mentors and peers throughout the process, then look no further – Profit.ly is a fantastic choice to start.
FAQ Timothy Sykes Is He For Reall
What are the best ways to use Profit.ly to publish your trades?
Profit.ly offers the option of allowing trade entries under the ‘My Trade’ category of the dashboard that lets you post your trades that are verified or otherwise. There are three choices:
- Linking your account to the brokerage of choice and importing the trades from that directly
- Manually entering your trades into specified spaces and information.
- Upload a screenshot of your trades
How can I tell whether the trade can be verified or not?
If you import your trade from a trusted brokerage, there is the chance that it is verifiable. This is evident by the blue check mark. If you post it in a manual way or by taking screenshots, it will automatically be assigned as unverified.
The drawback of posting an unauthentic trade is the risk of receiving negative feedback from friends and colleagues. If you receive too many negative votes, it could result in you appearing at the top of the Madoff leaderboard, which is where the public can detect who’s being dishonest in posting trades.
Are 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 in the Google Play store. The mobile app version is compatible with most functioning tablets and smartphones.
How many people are connected to Profit.ly?
Profit.ly currently houses over 150,000 investors and traders, as they not only are seeking to make the most profit but also to help one another learn and improve in acquiring opportunities in the stock market left and right.