Stock trading can be an exciting game with high stakes. Some days, you may enjoy the benefits of positive and satisfying numbers. On other days you may experience the opposite and it can be extremely difficult to return to where you were your best. If you are immersed in the water it is important to recognize that relying on pure instinct and preservation is not always enough.
If you’ve been incurring occasional losses and you’re likely to require sound advice from tried-and-tested trading experts. Also, you’ll need a significant boost from your trading partners from all over the globe, which is why we’ve identified an online platform that will help you in your improvement in the industry. This review will be taking the time to look at Profit.ly, a well-recognized 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. Do check out our article below, however, because it has a comprehensive overview of Profit.ly.
Overall Rating: 4.1/5 Timothy Sykes Legit Or Fraud
Users Experience 4.5/5
Profit.ly offers an internet-based trading service that enables traders of various levels to be knowledgeable and accountable, as well as transparent and encouraging each other by offering a wide array of tools and features like chat rooms, trade verification 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 who are just beginning their journey and also as a platform for experienced traders to track their performance through the use of sophisticated analytics tools. It provides users with a vast variety of tools for trade and communication, it helps traders from every field of business connect with one another. It offers gurus with an opportunity to invest in the right areas of the platform. Consider it the social media equivalent like 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 for trading is built on honesty and transparency: it makes sure that trades are authentic and won’t tolerate inauthenticity as much 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 stated that Profit.ly was driven by its focus “on the transparency of every trade, something that has never been prior to.” The concept Sykes said served two objectives: one) making public records for not just the gurus and newsletter authors and students and secondly) giving anyone on the platform to gain insight into both the wins and losses to the benefit of the trading industry. Timothy Sykes Legit Or Fraud
How Does It Work?
Profit.ly is a subscription-based platform that allows stock traders to benefit from a variety of features and services aimed towards achieving the success of their business. It is possible to create an account on the site for free, but you’re only given the ability to navigate through the leaderboards and monitor 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 it is necessary to join one of Profit.ly’s offers that we’ll discuss in the near future.
Making an account easy: create an account that includes your personal information and skills, join your brokerage account, and you’ll be given a chance to shoot your way up to high on the leaderboard. Profit.ly’s leaders’ board feature as we’ve mentioned earlier, is designed to give its users a look at how the community of traders performs and its gurus. It’s not only a chance to show that you’re worthy to the community of traders, but you are also able to use Profit.ly to shop with a guru, and have the assurance that you’re confident with their expertise and the legitimacy of their assertions.
If you’re not comfortable with the concept of leaking your brokerage account, you may decide to share your trades, either verified or not, by taking photographs. In Profit.ly are the vast number of courses in trading and the capability to see stats in a trader’s profile as well as other 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 Tim Sykes, the founder: Tim Sykes
Timothy Sykes is a well-renowned day trading guru who is famously known for delving his hands into the penny-stock market. According to Investopedia the term “penny stock” refers to a small-sized 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 to a market that is larger as it allows them to access funds from the public. But don’t make the mistake of thinking that it’s also an extremely risky game, as Sykes will be able to tell you thanks to his years of expertise.
From his beginnings at the end of his time in High School, Tim Sykes has, since then, earned more than $6 million in earnings through his lengthy career as trading professional. At the age of 25 Tim Sykes had received greater exposure and a larger influence over time as a participant in the reality show “Wall Street Warriors.” Then, he used the opportunity to establish 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 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 education tools, trade alerts and other helpful stuff provided by the company’s internal gurus. Gurus are referred to the trading experts who have earned significant amounts of profit from their combined years of expertise. Timothy Sykes Legit Or Fraud
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, among a few others. At the time of writing 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. With that taken into consideration Let’s look at the packaged offers each guru offers.
From Tim Sykes Tim Sykes: Tim’s Alerts
Sykes offers a basic stock trading service with the main priority being 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 trading.
A standalone purchase 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, email, text and push alerts and a daily stock watchlist.
Tim Sykes: From Tim Sykes: The Pennystocking Silver Package
Pennystocking Silver is the highest-quality version, with an upgraded version of Tim’s Alerts program. It costs $149.95 for a month this is a great option for those who are involved in investing in penny stocks. Pennystocking Silver offers all the essential features that were included in prior plans, which includes swing trading alerts as well as unlimited access to a rich library of more than 7,000 instructional videos and new videos released every week.
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The following video is from “Superman” Paul Scolardi: Superman Alerts
Scolardi, who goes by the alias “Superman,” is a swing trading professional with an eye for tiny-cap massive stocks as well as wildly accurate marketing forecasts. In the time since when he first started trading, Superman has amassed over $5.5 million in total trading earnings. Timothy Sykes Legit Or Fraud
The Superman Alerts package is his package of vital 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 application, daily market updates in real time, and E-mail and SMS alerts.
From “Superman” Paul Scolardi: Superman Pro
At $247/month, you get additional features, as well as access to the extensive knowledge base of information provided by Superman himself via Superman Pro. Superman Pro package. Alongside the standard features that are included in the Alerts plan, Superman Pro gives you weekly video lessonsthat include an ever-growing library of other previous ones. On top of that you’ll also have an access to high-quality research papers as well as the IPO and earnings tracker.
Profit.ly Programs and Costs
If you’re eager to join the trading community on the internet and leave a mark in the market, Profit.ly has the right amount of tools to get you going. The platform offers three membership tiers that are designed to accommodate traders with different levels. Let’s take a look at what these three levels are and what they will cost you.
The package called Novice is Profit.ly’s beginning-of-the-line plan specifically for people who are brand new to the trading community. Once you have signed up for this package, you will be immediately offered a range of strong and vital trading tools, all 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 with Profit.ly’s Novice package include the ability to confirm the results of your trades and track profit and follow-up, leading, and even messaging your fellow traders; and giving feedback on the trades of today. 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’s stats.
The Novice plan costs $29.95 per monthly payment. Although it might look appealing for the price alone but there’s a disadvantage. You can’t create a private profile, thus making your activities publicly available. If you’re interested in gain an account with this option, you should be watching for us to introduce to you Profit.ly’s next strategy.
The Trader Plan
The Trader plan allows you to take advantage of the majority of features available in The Novice package. It is in this plan that you can set up an account that is private for sharing with fellow associates all your insights and intel in the trading community.
Priced at $49.95/month, Profit.ly’s Trader plan does what the name suggests: Cater people who want to harness their expertise in trading. As nice as it seems however, there’s a crucial element that’s missing. Unlike the previous Novice package, you won’t be able to view other traders’ statistics, which might be a drawback for those eager to try this new tier. Timothy Sykes Legit Or Fraud
The Pro plan is the most premium package that Profit.ly offers to experienced traders. At $74.95 per month, and 22% off for billing annually This plan offers everything. You get full, no-holds-barred access to all the features from the two previous plans.
You’re not only able to view other people’s stats as well, you’re also offered the opportunity to create a private profile. Both of these features, plus the other benefits that you can use to the maximum extent. If you’re looking for an option that gives all the features you need to be a skilled trader, maybe the Pro plan is for you!
Profit.ly’s Other Services
Apart from the trainer tools and leaderboards, Profit.ly provides a variety of other services they provide. One of these is its online store, which allows users to choose from a wide array of video products created to help you understand the ins and outs of trading. Each of the offerings listed in this section of the website can be purchased immediately for personal use. Among these products include best-sellers like”Trading Tickers, “Trading Tickers” series from trading expert Tim Grittani, Timothy Sykes’s library of DVDs and streaming-only content on penny stocking, short stocking, as well as all related to trading, videos and footage 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 range of features and services. You are probably familiar with chat rooms since you can find it throughout social and messaging platforms, in addition to a few special websites that offer live chat support. But in Profit.ly, it is seen as a real-time space where experts and their members trade and share knowledge in real-time. Each guru has their style when it comes to running their chat room and dealing with the listed members there. One of them may be more laid back and not very often active, while another might be more interactive and online to their pupils. Consider chat rooms like Profit.ly’s version of a forum, in essence.
Who is the Ideal Trader for Profit.ly?
Profit.ly’s diverse range of products and features are geared towards a large variety of stock traders, from novices to the most experienced. Considering the number of offers it can provide it is certain to have something for everyone.
For instance, newbies will enjoy Profit.ly’s collection of educational materials available across the platform. In addition, they will be enriched with weekly videos and chat room tips from the in-house experts as well as their members. They’ll also be able pick from the merchandise available on its store online to carry with them wherever they be. They can also gain hands-on experiences from trading within the platform, but eventually, they will soon learn that the process is a high-stakes game that should not be viewed as an amusing pastime.
For the traders with many years of experience down the line, we see Profit.ly as equally as suitable to those who are just starting. While novice traders may not be as adept at handling trading matters, the pros already understand how it works along with the stack full of risks associated with it. In the ideal scenario, they can make use of Profit.ly’s array of options to their maximum advantage to improve their skills in trading. Like novices, they can learn from the experts as well as experts, and take advantage of simple tips and hints throughout the process.
Profit.ly’s “all-inclusive” nature doesn’t just apply to newbies as well as semi-seasoned traders. Experts who have been verified can also participate in the enjoyment! People in the trade industry who are on similar levels to Superman and Tim Sykes can also use up Profit.ly’s capabilities to display their skill to others as a way to help navigate them through the ever-changing trading process. Timothy Sykes Legit Or Fraud
Profit.ly’s Pros and Cons
- Profit.ly’s diverse capabilities as a “one-stop’ platform for trading stocks allows it to provide traders everywhere with tons of learning tools, communication, and trading tools
- You get to be taught by experts and insights from its internal experts, which include collections of educational videos as well as live trading activity.
- You can be sure of complete transparency through Profit.ly by using accurate data as well as fellow traders ready to call you out whenever something happens
- The leaderboard feature of the platform offers you a way to build your reputation as a reliable and authentic trader
- Apart from its main features, Profit.ly also gives its users extra options to suit their needs, like posting unverifiable trades through images
- Profit.ly’s variety of packages and subscription levels are priced at a reasonable cost There’s something for all
- Profit.ly’s numerous packages and products offered may seem overwhelming for a lot of its customers
- If traders decide to open any kind of trade, there’s a possibility that some of them could profit from picking the most profitable trades to increase the rating this could be a problem that shouldn’t be simply overlooked
- Profit.ly does not accept refunds because its premium users are expected to instantly benefit from the many services the platform has to provide
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The Final Verdict The Final Verdict: Is Profit.ly Worth It?
If we were able to come up with an answer to this question, it’s a ‘yes’. But it is important to realize that this platform shouldn’t be viewed as a get-rich-quick scheme. The platform was not always designed to be used in this way. Instead, you should have the ability to think with an open heart. Timothy Sykes Legit Or Fraud
What we mean”yes” is it could be a useful learning tool. People who are stuck may find Profit.ly’s range of resources to be helpful when they try their best to avoid loss and perform better than they did before. It’s not just the struggling traders that will profit from the platform. It is able to accommodate novices and even experts in the field!
So, if you genuinely care about being a better trader and want to be taught by your peers and experts throughout the process, then look no further – Profit.ly is a fantastic alternative to start.
FAQ Timothy Sykes Legit Or Fraud
What are the best ways to use Profit.ly to publish your trades?
Profit.ly offers an entry section for trades within the My Trade’ category of the dashboard that lets you record your trades, verifiable or otherwise. You may choose between three options:
- Linking your account to the brokerage of choice and then importing the trades from that directly
- Manually entering your trades into the spaces provided and details
- Send a screen shot of your trades
How do I know whether the trade can be verified or not?
If you purchase your trade from a reputable brokerage, there’s an excellent probability that it’s verifiable. This is evident by the blue check mark. If you upload it in a manual way or by taking images, it will be classified as unverified.
The disadvantage of an unauthenticated trade is the possibility of getting downvotes from your fellow peers. Too many downvotes may cause you to be listed on the Madoff leaderboard, which is where the public can detect who’s being untruthful in submitting trades.
Are the Profit.ly mobile app still available?
As of this writing, Profit.ly is still available for download on the Apple App Store as well as in the Google Play store. The mobile app version is compatible with most operating tablets and smartphones.
How many people are connected to Profit.ly?
Profit.ly is currently home to over 150,000 traders and investors, since they’re not just seeking to make the most profit but also to help one another learn and improve in acquiring opportunities on the stock market left and right.