The stock market can be an extremely risky game. On certain days, you might have the benefit of positive and satisfactory numbers. On other days, the opposite may happen, and it may sometimes be extremely difficult to return to the point you were at your most productive. If you are immersed in the water it is important to realize that relying on pure instinct and preservation might not be enough.
If you’ve experienced losses from time to time, you’re gonna be needing reliable advice from tested and tried trading experts. Also, you’ll need an enormous boost from your trading partners from all over the globe, which is why we’ve identified a platform that can support you in your improvement in the industry. We’ll take the time to look at Profit.ly is a well-known 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 Profitly Review
Users Experience 4.5/5
Profit.ly is an online trading platform that permits traders of different levels to be knowledgeable responsible, transparent, and uplifting with one another through its wide array of tools and features such as chat rooms, trade verification, and an enriched library of educational material.
What exactly is Profit.ly?
Profit.ly is a trading site that serves both 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 cutting-edge analytics tools. It provides users with a vast array of options for trade and communication and letting traders from all walks of life network with each other. It offers gurus with worthwhile investments within the confines of the platform. Imagine it as a social media site akin the likes of Facebook and Reddit, but for traders and experts.
Profit.ly independently verifies trade performances and posts all the data from them in the form of leaderboards. The platform’s trading model is based on trust and transparency. it guarantees that the trades are valid and won’t allow for fraud as much as possible. It was created in the past by penny stock trade expert and investment expert Timothy Sykes, along with his colleague Michael Mosseri.
One time during his interview with Forbes magazine, Sykes declared that Profit.ly was based “on the transparency of every trade, something that was never done before.” The idea, he added, served two purposes: 1) keeping track of public data for not just the gurus and newsletter writers and students as well as) making it possible for everyone on the platform to gain insight into both losses and wins to benefit the industry of trading. Timothy Sykes Profitly Review
How Does It How Does It
Profit.ly is a subscription-based platform that allows stock traders to gain access to a multitude of services and features geared at achieving achievement. It is possible to create an account there at no cost, however you’re only limited to having access to the leaderboard and observe the activities of people who aren’t gurus. If you’re looking to invest your money to see which stocks the gurus are trading in real-time You’ll need 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 an opportunity to make through at the very top of the list. Profit.ly’s Leaderboard function, which was we’ve mentioned earlier it is designed to provide its users an insight into how the community of traders performs as well as its gurus. It’s not just a way to show value to a group of traders, but you can also utilize Profit.ly to purchase from a guru with the assurance that you’re confident with their expertise and the legitimacy of their assertions.
If you are unsure about the concept of leaking the details of your broker account you may choose to publish your trades, either verified or not, by taking pictures. In Profit.ly is the huge selection of courses in trading and the capability to see the stats of a trader’s account and other methods to connect with your gurus in the chatroom, in addition to 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 the penny-stock market. According to Investopedia Penny stock refers to a small company’s shares that trade for just less than 5 cents per share. The penny stock market is a stepping stone for small companies to move 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 a high-risk game, which Sykes can surely tell thanks to his years of experience.
Since his initial beginnings at the end of his time in high school, Tim Sykes has, since then, earned over $6 million of earnings throughout his illustrious career as a trader. At the age of 25 Sykes was given more exposure and a wider reach of influence when he became part of the reality series “Wall Street Warriors.” Then, he used the opportunity to establish trading rooms as well as penny stock themes and educational material aimed at people who are brand new to trading. He also helped establish Profit.ly as a place of transparency and to allow the community to rise and compete through the platform.
The Profit.ly Gurus
One of Profit.ly’s amazing features is the vast array of education tools, trade alerts and other helpful stuff provided by the platform’s in-house gurus. Gurus are referred to the experts in trading who have proven to make substantial amounts of money through their years of knowledge. Timothy Sykes Profitly Review
At its height, Profit.ly had housed up to five gurus. Each of them a professional in their niche in the field of trading. Some of the most famous experts were Connor Bruggermann, Nathan Michaud of Investors Underground, and Triforce among others. At the time of writing, however, only two gurus 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 we’ll take a look at the packaged offers each guru has to offer.
From Tim Sykes Tim Sykes: Tim’s Alerts
Sykes provides an essential stock trading service which focuses on penny stock day trading through Tim’s Alerts. At $74.95 monthly, you’ll observe him focus on fundamental stock catalysts and use them to anticipate the next moves that could occur when making trades.
A standalone purchase of Tim’s Alerts will get you access to the chatroom as well as the mobile application that is available for iOS as well as Android devices, texts, emails and push alerts; and a daily stock watchlist.
From Tim Sykes: The Pennystocking Silver Package
Pennystocking Silver is the premium version that has been upgraded of the Tim’s Alerts program. It costs $149.95 per month, this is a great option for those who are more involved in investing in penny stocks. Pennystocking Silver includes all the basic features found in the previous plan, such as swing trading alerts and unlimited access to an extensive 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 trader who has an eye for small-cap monumental stocks and crazy-accurate marketing forecasts. Through the years since the time he started trading, Superman has amassed over $5.5 million in total trading earnings. Timothy Sykes Profitly Review
The Superman Alerts plan is his package of vital features and trading alerts targeted towards those who might be interested. For $147/month, you’ll get an access to the day-to-day stock watchlist that is premarket as well as the mobile app, the daily market updates in real-time, and email and SMS alerts.
The film “Superman” Paul Scolardi: Superman Pro
For the price of $247, you receive additional features, plus access to an extensive base of knowledge of information provided by Superman himself, via his Superman Pro package. In addition to the basic features featured in the Alerts plan, Superman Pro gives you daily video lessons, which include the growing collection of previous lessons. Additionally, you’ll also get access to premium research reports as well as an IPO and earnings tracker.
Profit.ly Programs and Costs
If you’re looking to join the trading community on the internet and leave your mark on the market, Profit.ly has the right amount of resources to get you up and running. The platform has three membership levels that cater to traders at different levels. Let’s take a look at what these three are and how much they’ll cost you.
The Novice package is Profit.ly’s basic plan that is designed specifically for those who are new to the world of trading. As you sign up for this package, you will be immediately provided with a variety of powerful and indispensable trading tools, each of which is essential to keep your hands on what we can describe as a cutthroat process by itself.
Among the list of things you can accomplish with Profit.ly’s Novice package is the capability to check the results of your trades and track profit and follow-up, leading and even chatting with your fellow traders, as well as leaving feedback on today’s trades. It also allows you to be onto leaderboards; study, sort, or filter the trades you make and, finally, see other’s stats.
The Novice plan will cost $29.95 per monthly payment. Although it looks attractive simply because of the price but there’s a disadvantage. It isn’t possible to create a private profile, thus making your actions public. If you do want to have the benefit of this service, you should be watching for us to introduce to you Profit.ly’s new plan.
The Trader package allows you to take advantage of the majority of features available in the novice plan. This plan allows that you are able to create an account that is private to share with other associate users all the insights and intel in trader’s community.
Costing $49.95/month, Profit.ly’s Trader plan does what the name suggests: Cater to those who desire to harness their skills in trading. As nice as it seems but there’s one important element that’s missing. As opposed to the prior Novice package, you won’t be able view other traders’ stats, which could be a problem for those anticipating this level. Timothy Sykes Profitly Review
This is by far the highest luxurious package Profit.ly offers to experienced traders. It costs $74.95 monthly, which includes 22% off for annual billing, this tier has everything. You get full, no-holds-barred access to all options of the previous plans.
You’re not only able to look at other people’s statistics and data, but you also have the chance to create your own private profile. Both of these options, on top of all the benefits that you can use to the maximum extent. If you’re looking for an option that gives you everything you need as trader with experience, the Pro tier could be the right choice for you!
Profit.ly’s Other Services
Apart from the provided trainer tools and leaderboards, Profit.ly provides a variety of additional services that it can provide. One of them is the online store, which lets users select from a variety of instructional videos that are that are designed to educate and guide you through the nuances and pitfalls of trading. Each of the offerings listed on this page of the website can be purchased immediately for personal use. Among these products include best-sellers like”Trading Tickers,” the “Trading Tickers” series by trader expert Tim Grittani, Timothy Sykes’s library of DVDs and streaming-only content on short stocking, penny stocking, and all other aspects of trading. There are also clips and scenes of The Annual Pennystocking Conference, and products from other expert traders.
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The integrated chat rooms are included in Profit.ly’s range of services and features. You are probably familiar with the concept of the chat room as you will see it on messaging and social platforms, as well as some specialty websites that offer live chat assistance. However, in Profit.ly the chat room is viewed as a real-time space where experts and their members trade and exchange knowledge in real-time. Each guru has their style when it comes to running their chat room and in dealing with the members there. One of them may be laid back and less active, while another may be more online and communicative in their interactions with students. Think of chat rooms like Profit.ly’s version of a forum, in 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, from novices to the most experienced. Considering the number of offers it has to offer this platform definitely has something for everyone.
Beginners, for instance, will enjoy Profit.ly’s knowledge-based content offered throughout the platform. They will also get daily videos and chat room advice by its internal gurus and members. They’ll also be able select from the products in its online store for them to take wherever they may be. You can also get hands-on experience trading on the platform, but ultimately they’ll realize that the process is a risky game that shouldn’t be treated as an opportunity to make fun of.
For traders who have decades of experience in the line, we believe Profit.ly equally suitable for them as it is for those who are just starting. While novice traders may not be as proficient in handling trading matters, the pros already understand how it works along with the stack full of risks that come with it. In the ideal scenario, they can make use of Profit.ly’s variety of features to their best advantage to enhance their trading skills. As beginners, they are able to study from the gurus as well as experts, and take advantage of simple tips and hints throughout the process.
Profit.ly’s ‘all-together’ nature isn’t limited to novices and semi-experienced traders. Certified experts can also take part in the fun! People in the trade industry who are on similar levels to Superman or Tim Sykes can also use the power of Profit.ly’s abilities to show off their skills to others in order to assist them in the ever-changing trading process. Timothy Sykes Profitly Review
Profit.ly’s Pros and Cons
- Profit.ly’s numerous capabilities as a “one-stop’ platform for trading stocks allows it to provide traders everywhere with tons of learning, communication, and trading tools
- You get to receive excellent training and tips from the internal experts, which include 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 when something goes wrong.
- The leaderboard feature of the platform offers you a way to build your reputation as a reliable and authentic trader
- In addition to its primary features, Profit.ly also gives its users extra options to suit their needs, like posting trades that are not authentic by taking images
- Profit.ly’s variety of subscription plans and guru packages are priced at affordable rates – there truly is something for every person
- Profit.ly’s numerous packages and services offered could seem overwhelming for the majority of its customers
- As traders may opt to post any kind of trade, there is an opportunity that some them will profit by cherry-picking the best trades to boost their rating – this may be a concern that should not be overlooked.
- Profit.ly will not allow refunds because the premium customers will immediately take advantage of the numerous services the platform has to provide
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The Final Concluding Question is: Is Profit.ly worth it?
If we could come up with an answer to this question, it’s a ‘yes’. However, you must realize that the platform should not be used as a get-rich-quick scheme. It wasn’t meant to be designed for this reason. Instead, you need to have the ability to think with an open heart. Timothy Sykes Profitly Review
What we do mean by ‘yes’ is that it is a fantastic learning tool. Those who may be stuck might discover Profit.ly’s variety of resources useful in their efforts to incur lesser losses and be more successful than before. It’s not only the struggling traders who will benefit from this platform. It can accommodate beginners and even experts in the field!
So, if you genuinely want to become a better trader and want to learn from your mentors and peers on the way, you should look no further than Profit.ly. Profit.ly could be a good choice to start.
FAQ Timothy Sykes Profitly Review
What are the best ways to use Profit.ly to post your trades?
Profit.ly includes the option of allowing trade entries in the “My Trade’ category of the dashboard. It lets you record your trades, verifiable or otherwise. There are three choices:
- Connecting your account to your broker of choice and import the trades from that directly
- Manually entering your trades into the spaces provided and details
- Take a photo of your trades
What can I do to determine whether the trade is authentic or not?
If you buy your trade from a reputable brokerage, there’s a high probability that it’s verifiable. This is shown by the small blue check. If you submit the information manually or via images, it will be classified as unverified.
The downside of having an unauthenticated trade is the possibility of receiving negative feedback from colleagues. A large number of downvotes could cause you to be listed on the Madoff leaderboard, where people are able to identify who is fraudulent in posting trades.
Does the Profit.ly mobile app still in use?
As of the moment, Profit.ly is still available to download via the Apple App Store and in the Google Play store. The mobile version of the app is compatible with most functioning tablets and smartphones.
How many are using Profit.ly?
Profit.ly is currently home to over 150,000 traders and investors, as they not only are looking to earn maximum profits but also to help one another develop and grow in their ability to take advantage of opportunities on the stock market all over the world.