The stock market can be an exciting game with high stakes. Some days, you could enjoy the benefits of positive and satisfactory numbers. However, on other days it could be the reverse and it could be very difficult to return to where you were your most productive. If you’re always in the mud it is important to realize that relying on pure instinct and preservation might not be enough.
If you’ve suffered loss from time to time You’ll need solid advice from seasoned and tested trading experts. Also, you’ll need a significant boost from your colleagues in the market from all over the globe, which is why we’ve identified a platform that can support you in your growth within the field. This review will take the time to look at Profit.ly, a well-recognized one-stop 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 Rules Pdf
Value: 4.1/5
Quality: 4.1/5
Costs: 4.1/5
User Experience: 4.5/5
Summary
Profit.ly offers an internet-based trading service that allows traders of various levels to be knowledgeable and accountable, as well as transparent and to build relationships with one another through its wide variety 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 website that functions as a training and learning platform for those who are starting out as well as a place for traders with experience to keep track of their performance with the help of sophisticated analytics tools. Offering users a broad array of options to facilitate trade and communication and letting traders from all walks of life network with one another. It gives the gurus worthy investments within the boundaries that the site. Consider it the social media equivalent like Facebook and Reddit, but for traders and experts.
Profit.ly independently verifies trade performances and then publishes the information from them in the style of leaderboards. The platform’s trading model is based on honesty and transparency: it guarantees that the transactions are legitimate and will not tolerate inauthenticity as much as possible. It was created in the past by penny expert in stock trading and investment expert Timothy Sykes, along with fellow expert Michael Mosseri.
One time during his appearance in Forbes publication, Sykes said that Profit.ly was driven by its focus “on showing the entire spectrum of trades, something which was never prior to.” This idea was, he said, serving two goals: 1.) creating public track records for everyone, not just the experts, but also the newsletter authors and students as well as) allowing everyone on the platform to gain insight into the losses and wins to the benefit of the trading industry. Timothy Sykes Rules Pdf
How Does It Perform?
Profit.ly is a subscription-based platform that allows stock traders to benefit from a variety of features and services aimed at achieving achievement. You can create an account for free, but you’re limited to access to the leaderboards and monitor the activities of people who aren’t gurus. If you’re looking to invest your money and see which stocks the gurus are trading in real-time, you will need to subscribe to any of Profit.ly’s offers that we’ll discuss in the near future.
Making an account simple: Create a profile with your experiences and skills, join to your brokerage account, and you’ll be given a chance to shoot your way to at the very top of the list. Profit.ly’s leaderboard feature, as mentioned previously was designed to offer its users an insight into how the community of traders performs and its experts. It’s not only a chance to demonstrate value to a group of traders, but you can also utilize Profit.ly to buy with a guru, and have the assurance that you’re confident with their expertise and the credibility of their claims.
If you feel uneasy with the concept of leaking information about your account with a brokerage, then you could opt to post your trades, whether verified or not, by taking screenshots. Included in Profit.ly are the vast number of trading classes, the ability to view the stats of a trader’s account as well as other ways to interact with your experts through 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 well-known for his involvement in penny stock trading. According to Investopedia, a penny stock refers to a small company’s stock which trades at less than $5 per share. The trading of penny stocks could be viewed as an avenue for small companies to move into a larger market because it allows them to access capital from the general public. However, don’t get it wrong – it’s also an extremely risky game, as Sykes will be able to tell you thanks to his years of experience.
From his beginnings in his late years in high school, Tim Sykes has, since then, earned over $6 million of profit through his lengthy career as a trader. When he was 25 years old Sykes was given more exposure and a wider influence over time when he was a part of the reality TV show “Wall Street Warriors.” He made use of the show to establish trading rooms and penny stock themes and educational content geared toward those who are just beginning to learn about trading. He also helped to establish Profit.ly as a platform for openness, and to allow the community to rise and compete with each other through the platform.
The Profit.ly Gurus
One of Profit.ly’s most appealing features is the variety of educational resources, trade alerts, and other helpful stuff provided by the platform’s in-house gurus. Gurus are referred to the experts in trading who have earned substantial amounts of money through their years of knowledge. Timothy Sykes Rules Pdf
At its height, Profit.ly had housed up to five gurus, all of them a professional in their niche in the trading industry. Some of the prominent experts included Connor Bruggermann, Nathan Michaud of Investors Underground, and Triforce as well as a handful of 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. When we take that into account we’ll take a look at the packages each guru offers.
From Tim Sykes Tim Sykes: Tim’s Alerts
Sykes offers basic stock trading services with the main priority being penny-stock day trading via Tim’s Alerts. Costing $74.95 for a month you’ll see him focus on the fundamental stock catalysts and use them to forecast the next move that is possible when making trades.
A single purchase of Tim’s Alerts will get you access to the chatroom and the mobile application that is available on 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 most premium, upgraded version of the Tim’s Alerts program. At $149.95 monthly, this is the perfect plan for those who are more committed to penny stock trading. Pennystocking Silver comes with all the standard features of prior plans, which includes alerts for swing trading and access to a rich library of over 7,000 educational videos, with new ones released weekly.
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The following video is from “Superman” Paul Scolardi: Superman Alerts
Scolardi who is known under the alias “Superman,” is a swing trading professional with an eye for 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 all-time trading profits. Timothy Sykes Rules Pdf
The Superman Alerts plan is an offering of essential features and trading alerts targeted to those interested. For just $147 per month, you’ll have access to the daily premarket stock watchlist along with the mobile app, the daily market commentary shown in real-time, as well as email and SMS alerts.
From “Superman” Paul Scolardi: Superman Pro
At $247/month, you get additional features, as well as access to a knowledgeable base that is provided by Superman himself through Superman Pro. Superman Pro package. In addition to the basic features featured in the Alerts plan, Superman Pro gives you daily video lessons, which include an ever-growing library of other previous ones. Additionally you’ll also have access to premium research reports as well as an IPO and earnings tracker.
Profit.ly Plans and Costs
If you’re ready to join the world of online trading and make a mark on the market, Profit.ly has the right amount of tools to get you started. The platform offers three membership tiers that are designed to accommodate traders of different levels. Let’s take a look at what these three are and how much they’ll cost you.
Novice Plan
The package called Novice is Profit.ly’s basic plan that is designed specifically for those who are just beginning their journey to the trading community. Once you have signed up for this package you’ll be provided with a variety of powerful and vital trading tools, each of which is essential to keep your hands on what we call a competitive process in and of itself.
The list of features you can accomplish using Profit.ly’s Novice program is the ability to verify trades and track profits as well as leading, following and even texting your fellow traders; and providing feedback on trades today. You can also get onto leaderboards; study, sort, as well as filter trades and, finally, see other people’s statistics.
The Novice plan is $29.95 per monthly payment. Although it might look appealing simply because of the price however, there’s a drawback. You can’t create a private account, making your activities publicly available. If you’re interested in gain access to this feature, you should stay tuned as we introduce to you Profit.ly’s new plan.
The Trader Plan
The Trader package lets you to use many of the features of The Novice package. In this plan, that you can create an account that is private to share with other associate users all your knowledge and knowledge you gain from trader’s community.
The price is $49.95/month, Profit.ly’s Trader plan is exactly what it says caters for those looking to harness their trading skills. As nice as it seems but there’s one important feature that is missing. In contrast to the Novice package, you will not be able to see other traders’ stats, which might be a drawback for those looking forward to this tier. Timothy Sykes Rules Pdf
Pro Plan
The Pro plan is the highest premium package that Profit.ly offers to experienced traders. At $74.95 each month which includes an additional 22% discount for annual billing This plan offers everything. You get full, no-holds-barred access to all features of the prior plans.
Not only do you get to look at other people’s statistics, but you’re also given the option of creating an individual profile. Both of these options, plus the other advantages that you can utilize to their fullest capacity. If you’re in search of an option that gives you everything you need as a skilled trader, maybe the Pro tier could be for you!
Profit.ly’s Other Services
Apart from the trainer tools and leadersboards Profit.ly has a few additional services that it can offer. One of them is the online store, which allows users to pick from a range of video products that are designed to educate and provide guidance on the nuances and pitfalls of trading. Each of the offerings listed on this page of the website can be bought immediately for your personal use. These include best-selling products like”Trading Tickers, “Trading Tickers” series from trading specialist Tim Grittani, Timothy Sykes’s collection of DVDs, streaming-only content on penny stocking, short stocking, as well as all aspects of trading. There are also clips and scenes taken from events like the Annual Pennystocking Conference, and other products by expert traders.
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Chat rooms integrated into Profit.ly are as well part of Profit.ly’s array of services and features. 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 provide live chat assistance. But in Profit.ly, it is seen as a hands-on area where experts and member traders can communicate 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 laid back and less engaged, while another could be more online and communicative with their students. Consider chat rooms like Profit.ly’s version of a forum, in essence.
Who is the best trader to Profit.ly?
Profit.ly’s diverse range of products and features are geared towards an array of stock trader types, from novices to experienced professionals. With the variety of deals it can provide this platform definitely has something for every person.
Beginners, for instance, will appreciate Profit.ly’s library of learning information available on the platform. They will also be provided with videos every week and chat room tips by its internal gurus as well as their members. They’ll also be able to choose from the items from its online store for them to take wherever they travel. You can also get hands-on experiences by trading through the platform, however they’ll realize that trading is a high stakes game that should not be viewed as an opportunity to make fun of.
For traders who have many years of experience down the line, we see Profit.ly equally suitable to people who are just beginning. Although the novices might not be as adept at dealing with trading issues however, experienced traders know how it works and the risky mix that come with it. Ideally, they may utilize Profit.ly’s variety of features to their best advantage to enhance their skills in trading. As beginners, they are able to learn from the experts as well as experts, and take advantage of quick tips and tidbits along the way.
Profit.ly’s ‘all-together’ nature doesn’t just apply to newbies or semi-experienced trader. Verified experts can also join in the fun! Trade professionals who are on the same level as Superman or Tim Sykes can also use up Profit.ly’s capabilities to showcase their expertise to other traders as a way to navigate them through the ever-changing trading process. Timothy Sykes Rules Pdf
Profit.ly’s Pros and Cons
The Pros
- Profit.ly’s diverse capabilities as a ‘one-stop’ platform for trading stocks allows traders across the globe with tons of learning tools, communication, and trading tools
- You’ll be taught by experts and advice from the company’s in-house gurus, including libraries of educational videos and live trading activity.
- You’re assured of transparency throughout Profit.ly with precise analytics as well as fellow traders ready to call you when something goes wrong.
- The platform’s leaderboard feature gives you a way to build your credibility as a trustworthy and verifiable trader
- Apart from its core capabilities, Profit.ly also gives its users extra options to suit their preferences, such as posting trades that are not authentic by taking screenshots
- Profit.ly’s variety of packages and subscription levels are priced at reasonable prices – there truly is something for every person
The Cons
- Profit.ly’s numerous packages and products offered may seem overwhelming for a lot of its customers
- As traders may opt to post any kind of trade, there’s an opportunity that some them will profit by picking the most profitable trades to boost their rating – this may be a problem that shouldn’t be simply overlooked
- Profit.ly will not allow refunds because its premium users will immediately benefit from the number of services that the platform can offer
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The Final Verdict is: Is Profit.ly Worth It?
If we could think of an appropriate answer for this query, it would be a ‘yes’. But you need to understand that this platform shouldn’t be viewed as a scheme to get rich quick. The platform wasn’t originally designed to be used to achieve this goal. Instead, you need to have curiosity. Timothy Sykes Rules Pdf
What we are referring to by ‘yes’ is that it could be a useful learning tool. For those who are struggling, they could discover Profit.ly’s variety of resources helpful in their efforts to avoid losses and perform better than they did before. It’s not only the poor traders that can benefit from this platform. It will be able to accommodate beginners as well as even experts in the field!
If you really desire to be a better trader and want to be taught by your mentors and peers on the way, you should look no further than Profit.ly. Profit.ly may be a great option to begin.
FAQ Timothy Sykes Rules Pdf
What are the best ways to use Profit.ly to make your trades public?
Profit.ly has an entry section for trades in the ‘My Trade section of the dashboard. It lets you record your trades that are verified or not. There are three options:
- Connecting your account to your brokerage of choice and then importing transactions directly through there
- Manually entering your trades into provided spaces and specifics
- Take a photo of your transactions
What can I do to determine if the trade is verifiable or not?
If you import your trade from a trusted brokerage, there is a high chance that it is verifiable. This is indicated with the small blue check. If you submit it manually or through images, it will be assigned as unverified.
The drawback of posting an unauthenticated trade is the chance of receiving negative feedback from fellow peers. A large number of downvotes could cause you to be listed at the top of the Madoff leaderboard, where people can see who’s fraudulent 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 on the Google Play store. The mobile version of the app is compatible with the majority of operating tablets and smartphones.
How many people are currently using Profit.ly?
Profit.ly currently houses more than 150,000 investors and traders because they are not just seeking to make the most profit but also assist each other to grow and learn more about acquiring opportunities on the stock market left and right.
