The stock market can be an extremely risky game. On some days, you might be reaping the benefits of positive and satisfying numbers. On other days, however it could be the reverse and it could be very difficult to get back to the point you were at your best. If you find yourself always in the mud, you will have be aware that relying solely on pure instinct and preservation is not always enough.
If you’ve suffered occasional losses, you’re gonna be needing sound advice from tried-and-tested trading experts. Additionally, you’ll require an enormous boost from your colleagues in the market from all over the world, which is why we’ve found an online platform that will help you to improve your performance within the field. This review will take an in-depth 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. To get a comprehensive overview of Profit.ly, you may still want to check out our article below.
Overall Rating: 4.1/5 Timothy Sykes Scam Reddit
Value: 4.1/5
Quality: 4.1/5
Costs: 4.1/5
User Experience: 4.5/5
Summary
Profit.ly can be described as an online platform for trading that permits traders of all levels to be informed, transparent, accountable, and to build relationships with each other through its broad variety of tools and features such as chat rooms, trade verification as well as an extensive library of educational material.
What exactly is Profit.ly?
Profit.ly is a site for trading that functions as a training and learning platform for those who are starting out as well as a place for experienced traders to track their performance with the help of advanced analytics tools. It provides users with a vast variety of tools for trade and communication, it helps traders from all walks of life connect with one another. It gives the gurus an opportunity to invest in the right areas of the platform. Consider it the social media equivalent the likes of 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 makes sure that transactions are legitimate and will not allow for fraud as much as it is possible. It was founded many years ago by penny expert in stock trading and investment expert Timothy Sykes, along with his colleague Michael Mosseri.
One time during his interview with Forbes publication, Sykes said that Profit.ly was motivated by its focus “on the transparency of the entire spectrum of trades, something which has never been prior to.” The concept Sykes said served two purposes: 1) keeping track of public data for not just the gurus as well as newsletter authors and students and secondly) allowing everyone on the platform to learn from both the wins and losses to benefit the industry of trading. Timothy Sykes Scam Reddit
How Does It How Does It
Profit.ly utilizes a subscription model that allows stock traders to have access to a range of tools and services that are geared at achieving achievement. You may set up an account at no cost, however you’re only given the capability to browse the leaderboard and observe the activities of people who aren’t gurus. If you’re interested in investing your money and see what stocks the experts are trading in real time You’ll need to join one of Profit.ly’s offers that we’ll review in the coming days.
Setting up an account is easy: create an account that includes your personal information and skills, join your brokerage account, and you’ll be given an opportunity to make your way up to high on the leaderboard. Profit.ly’s leaderboard feature, as mentioned previously was designed to offer its users a look at their performance as a trading group as well as its gurus. It’s not only a chance to prove value to a group of traders, as you are also able to use Profit.ly to purchase with a professional with the confidence that you are confident with their expertise and the credibility of their claims.
If you’re not comfortable with the idea of divulging information about your account with a brokerage, you can decide to share your trades, verified or not, by taking photographs. Included in Profit.ly are the vast number of trading classes, the ability to view the stats of a trader’s account, and more 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 his involvement in trades in penny stocks. According to Investopedia Penny stock refers to a small-sized company’s shares that trade for just less than 5 cents per share. Penny stock trading is an avenue for small companies to move to a large marketplace as it gives them access to money from the general public. However, don’t get it wrong – it’s also a high-risk game, which Sykes can surely tell through his many years of expertise.
Beginning in his late years in High School, Tim Sykes has, since then, earned more than $6 million in profits through his lengthy career as trading professional. At 25 years old, he had been given more exposure and a wider influence over time when he became part of the reality series “Wall Street Warriors.” He then made use of the show to develop trading rooms, penny stock themes, and educational material aimed at 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 on the platform.
The Profit.ly Gurus
One of Profit.ly’s sweet inclusions is the variety of education sources, trade alerts and other helpful stuff provided by the in-house experts of the platform. Gurus are referred to experts in the field of trading who have made significant amounts of profit from their combined years of expertise. Timothy Sykes Scam Reddit
At its height, Profit.ly had housed up to five gurus. Each of them a pro in their niche within the world of trading. Some of the most famous gurus included Connor Bruggermann, Nathan Michaud of Investors Underground, and Triforce, among a few others. As of this writing, there are only two gurus who 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 what packaged deals each guru can offer.
From Tim Sykes Tim Sykes
Sykes offers basic stock trading services that focuses on penny-priced day trading with Tim’s Alerts. The cost is $74.95 per month, you’ll be able to see him concentrate on the fundamental catalysts for stocks and utilize them to predict the next move that is possible when trading.
A purchase on its own from Tim’s Alerts will get you access to the chatroom, as well as the mobile app that’s available to iOS and Android devices, as well as texts, emails and push alerts as well as a daily watchlist of stocks.
Tim Sykes: From Tim Sykes: The Pennystocking Silver Package
Pennystocking Silver is the premium, upgraded version of the Tim’s Alerts program. Priced at $149.95 monthly, it is an ideal plan for those who are more committed to penny stock trading. Pennystocking Silver includes all the basic features of prior plans, including swing trading alerts and unlimited access to a collection of more than 7,000 educational videos, with new ones released weekly.
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From “Superman” Paul Scolardi: Superman Alerts
Scolardi who is known under the name “Superman,” is a swing trading professional with an eye for both 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 all-time trading earnings. Timothy Sykes Scam Reddit
The Superman Alerts package is his offering of essential features and trading alerts geared toward those who may be interested. For just $147 per month, you’ll have access daily premarket stock watchlist 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, plus access to a knowledgeable base of information provided by Superman himself through Superman Pro. Superman Pro package. Alongside the standard features that are included in the Alerts package, Superman Pro gives you daily video lessons, which include the growing collection of other previous ones. Additionally you’ll also have the ability to access premium reports on research as well as an IPO and earnings tracker.
Profit.ly Plans and Costs
If you’re eager to join the online trading community and leave a mark in the field, Profit.ly has the right amount of resources to get you going. Profit.ly offers three membership tiers that cater to traders at different levels. Let’s break down what these three are and how much they will cost you.
Novice Plan
This package for novices is Profit.ly’s entry-level plan designed especially for people who are brand new to the trading community. Once you have signed to this plan you’ll be given a slew of robust and vital trading tools, each one of them essential in keeping your hands on what we could call a ruthless process in and of itself.
Among the list of things you can do using Profit.ly’s Novice package is the ability to confirm the results of your trades and track profit; leading, following and even chatting with other traders; and providing feedback on trades today. You’re also allowed to get onto leaderboards; study your trades, sort as well as filter trades and lastly, look at other people’s statistics.
The Novice plan costs $29.95 per monthly payment. Although it looks attractive just by the price but there’s a disadvantage. You can’t create a private account, making your activities publicly available. If you do want to have access to this feature, you should keep an eye on us as we present to you Profit.ly’s next plan.
Trader Plan
The Trader package lets users to benefit from the majority of features available in The Novice package. It is in this plan that you can create an individual profile that allows you to share with fellow associate users all your knowledge and intel in trader’s community.
Priced at $49.95/month, Profit.ly’s Trader plan will do what the name implies caters for those looking to develop their expertise in trading. While it’s nice, there is one significant element that’s missing. In contrast to the Novice package, you will not be able to see other traders’ statistics this could be a disadvantage for those who are looking forward to this tier. Timothy Sykes Scam Reddit
Pro Plan
The Professional plan can be described as the highest expensive plan Profit.ly can offer to experienced traders. At $74.95 per month, and 22% off for billing annually the Pro plan has everything. You will have full, unrestricted access to all the features from the two previous plans.
You’re not only able to look at other people’s statistics as well, you’re also offered the opportunity to create a private profile. These two features are in addition to the advantages you’ll be able to use to the maximum extent. If you’re in search of an option that gives you everything you need as trader with experience, the Pro level is ideal for you!
Profit.ly’s Other Services
Apart from the provided tools for training and leaderboards, Profit.ly offers a number of more services it has to offer. One of them is the online store, which lets users choose from a wide array of videos designed to inform and help you understand the ins and outs of trading. All of the products featured on this page of the site can be bought immediately for your personal use. Among these products include best-sellers like the “Trading Tickers” series by trading specialist Tim Grittani, Timothy Sykes’s library of DVDs and streaming-only content about short stocking, penny stocking, and all other related to trading, videos and footage from The Annual Pennystocking Conference, and items from other experts in trading.
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Chat rooms integrated into Profit.ly are also part of Profit.ly’s variety of services and features. You may be familiar with the concept of the chat room as you can find it throughout messaging and social platforms, in addition to a few special websites that provide live chat assistance. However, in Profit.ly it’s seen as a space where experts and their member traders can communicate and learn in real time. Every guru has their own way in running their chat rooms and in dealing with the members there. One might be a laid-back person who is not very often active, while another may be more online and communicative to their pupils. Consider chatrooms as Profit.ly’s version of the forum in essence.
Who is the Ideal trader to Profit.ly?
Profit.ly’s diverse range of products and features caters to a large variety of stock traders, from beginners to experienced pros. Considering the number of offers it offers it is certain to have something for all.
For instance, newbies will enjoy Profit.ly’s knowledge-based information available on the platform. Not only will they be provided with videos every week and chat room tips from its in-house gurus and their members. Additionally, they can choose from the items in its online store for them to take wherever they go. They can also gain hands-on experience trading on the platform, but ultimately, they will soon learn that this is a high stakes game that shouldn’t be treated as an opportunity to make fun of.
For traders who have many years of experience down the road, we consider Profit.ly equally suitable for them as it is for the newcomers. Although the novices might not be as well-equipped with dealing with trading issues however, experienced traders know how it works and the risky mix that it carries. Ideally, they may use Profit.ly’s array of features to their best advantage to improve their trading skills. Like novices, they can study from the gurus and experts and utilize those short tips and tricks throughout the process.
Profit.ly’s “all-inclusive” nature doesn’t just apply to newbies as well as semi-seasoned traders. Verified experts can also join in the fun! Those in the trading industry who are on similar levels to Superman and Tim Sykes can also use Profit.ly’s capabilities. Profit.ly’s capabilities to display their expertise to other traders as a way to help guide them through the ever-illustrious trading process. Timothy Sykes Scam Reddit
Profit.ly’s Pros and Cons
The Pros
- Profit.ly’s diverse capabilities as a ‘one-stop’ stock trading platform enable traders across the globe with tons of learning, communication, and trading tools
- You’ll be taught by experts and advice from the company’s internal experts, which include video libraries that teach you how to learn and trading in real-time.
- You can be sure of complete transparency through Profit.ly with accurate analytics and fellow traders that are waiting to reach you when something goes wrong.
- The platform’s leaderboard feature gives you a way to build your reputation as a reliable and authentic trader
- In addition to its primary capabilities, Profit.ly also gives its customers additional options to meet their individual preferences, for instance, posting unauthentic trades via screenshots
- Profit.ly’s diverse range of subscription plans and guru packages are priced at a reasonable cost There is truly something for all
The Cons
- Profit.ly’s numerous products and packages offered might seem overwhelming for a lot of its users
- Since traders can choose to post any kind of trade, there’s the possibility that some of them may take advantage by picking the most profitable trades to boost their rating – this may be a concern that should not be simply overlooked
- Profit.ly does not accept refunds because its premium users will immediately benefit from the many services that the platform can offer
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The Final Verdict is: Is Profit.ly Worth It?
If we could come up with an answer to this question, it would be yes. But you need to understand that it shouldn’t be treated as a get-rich-quick scheme. The platform wasn’t originally designed to be used in this way. Instead, you should have the ability to think with an open heart. Timothy Sykes Scam Reddit
What we mean”yes” is it is a fantastic learning tool. People who are stuck might discover Profit.ly’s array of resources useful in their efforts to reduce losses and perform better than they did before. It’s not just the struggling traders who will benefit from this platform. It can accommodate beginners and even experts in the field!
If you truly care about being better at trading and wish to be taught by your mentors and peers along the way, then take a look at Profit.ly. Profit.ly may be a great option to begin.
FAQ Timothy Sykes Scam Reddit
What are the best ways to use Profit.ly to publish your trades?
Profit.ly includes an entry section for trades in the My Trade section of the dashboard which lets you record your trades, either verified or not. There are three choices:
- Linking your account with your brokerage of choice and then importing trades directly from there
- Manually entering your trades into provided spaces and specifics
- Take a photo of your trades
How do I know whether the trade can be verified or not?
If you buy your trade from a trusted brokerage, there is the chance that it is verifiable. This is shown by the small blue check. If you post it manually or through pictures, it will be assigned as unverified.
The disadvantage of an unverified trade is the chance of getting downvotes from your fellow peers. Too many downvotes may result in you appearing at the top of the Madoff leaderboard, where people can detect who’s being dishonest in posting trades.
Is the Profit.ly mobile application still available?
As of the moment, Profit.ly is still available to download from the Apple App Store as well as on the Google Play store. The mobile version of the app works with all functioning tablets and smartphones.
How many people are currently using Profit.ly?
Profit.ly currently houses more than 150,000 traders and investors, because they are not just looking to earn maximum profits but also help each other learn and improve in acquiring opportunities in the stock market both right and left.
