Stock trading is an extremely risky game. On some days, you may be reaping the benefits of positive and satisfactory numbers. On other days you may experience the opposite and it can be very difficult to get back to where you were your peak. If you’re constantly stuck in the gutter, you will have be aware that relying solely on instinct and survival is not always enough.
If you’ve experienced losses from time to time, you’re gonna be needing sound advice from tried-and-tested trading experts. Additionally, you’ll require an important boost from colleagues in the market from all over the globe. That’s why we’ve discovered an option that can help you to improve your performance within the field. We’ll be taking a 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 Scam
Value: 4.1/5
Quality: 4.1/5
Costs: 4.1/5
The User’s Experience 4.5/5
Summary
Profit.ly offers an internet-based trading service that permits traders of different levels to be informed, transparent, accountable, and to build relationships with each other by offering a wide array of tools and features including chat rooms, trade verification, and an enriched library of educational material.
How do I define Profit.ly?
Profit.ly is a site for trading that serves both as a learning and training platform for traders new to trading as well as a place for experienced traders to track their performance through the use of cutting-edge analytics tools. Offering users a broad variety of tools for communication and trade and letting traders from all walks of life connect with one another. It offers gurus with worthy investments within the boundaries of the platform. Think of it as an online social media platform similar the likes of Facebook and Reddit however it is geared towards experts and traders.
Profit.ly independently verifies trade performances and publishes all data of them in the manner of leaderboards. The platform for trading is built on transparency and honesty: it makes sure that transactions are legitimate and will not tolerate inauthenticity as much as possible. It was founded many years ago by 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 showing all trades, something that has never been done before.” This idea was, he said, serving two purposes: 1) making public records for not just the gurus and students and newsletter writers as well as) making it possible for all users to learn from both losses and wins to benefit the industry of trading. Timothy Sykes Scam
How Does It Work?
Profit.ly utilizes a subscription model that allows stock traders to benefit from a variety of features and services aimed towards achieving achievement. You can create an account there for free, but you’re limited to the capability to browse the leaderboards and monitor the activities of non-gurus. If you’re ready to invest your money to see which stocks the gurus are trading in real-time, you will need to sign up to one of Profit.ly’s offerings, which we will review in the coming days.
The process of opening an account is easy: create an account that includes your personal information and expertise, connect your brokerage account, and you’ll be given the chance to climb your way up to at the very top of the list. Profit.ly’s leaderboard feature, as we’ve mentioned earlier, is designed to give its users a look at their performance as a trading group as well as its experts. You’re not just allowed to show that you’re worthy to the community of traders, as you can also utilize Profit.ly to shop from a guru with the assurance that you’re comfortable 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, verified or not, by taking screenshots. Included in Profit.ly is the huge selection of trading classes, the ability to view stats in a trader’s profile as well as other ways to communicate 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 guru who has been famously known for delving his hands into the penny-stock market. According to Investopedia the term “penny stock” refers to a small company’s stock which trades at less than $5 per share. Penny stock trading is an avenue for small businesses to transition 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 an extremely risky game, as Sykes can surely tell because of his decades of expertise.
Beginning in the latter years of the high schools, Tim Sykes has, since then, earned an estimated $6 million profit during his long and successful career as a trader. At the age of 25 Sykes was given more exposure and a wider influence over time when he was a part of the reality show “Wall Street Warriors.” He used the opportunity to develop trading rooms, penny stock themes, and educational content geared toward those who are new to trading. He also helped establish Profit.ly as a platform for transparency and for the community to uplift and compete through the platform.
The Profit.ly Gurus
One of Profit.ly’s amazing features is the variety of education sources, trade alerts and other helpful stuff provided by the company’s internal gurus. Gurus are referred to the trading experts who have proven to make significant amounts of profit from their combined years of experience. Timothy Sykes Scam
At its peak, Profit.ly had housed up to five gurus, each of them a professional in their field of expertise within the world of trading. Some of the most prominent experts were Connor Bruggermann, Nathan Michaud of Investors Underground, and Triforce among others. At the time of writing, however, only two gurus remain on the platform: the founder and penny stock trader 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 via Tim’s Alerts. Costing $74.95 for a month you’ll be able to observe him focus on fundamental catalysts for stocks and utilize them to forecast the next possible moves in making trades.
A single purchase from Tim’s Alerts will get you access to the chatroom, as well as the mobile app available for iOS and Android devices, email, text and push alerts; as well as a daily watchlist of stocks.
Tim Sykes: From Tim Sykes: The Pennystocking Silver Package
Pennystocking Silver is the most premium version that has been upgraded of the Tim’s Alerts package. It costs $149.95 per month, it is a great option for investors who are committed to penny stock trading. Pennystocking Silver includes all the basic features found in prior plans, which includes swing trading alerts and unlimited access to an extensive library of more than 7,000 instructional videos that are updated weekly.
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The following video is from “Superman” Paul Scolardi: Superman Alerts
Scolardi, who goes by the name “Superman,” is a professional in swing trading with an eye for massive stocks of the small-cap size and insanely accurate marketing forecasts. Since when he first started trading, Superman has amassed over $5.5 million in total trading earnings. Timothy Sykes Scam
The Superman Alerts package is his offer of the most essential features and trading alerts targeted toward those who may be interested. For $147 per month, you’ll gain access to the daily premarket stock watchlist as well as the mobile application, daily market updates in real time, and E-mail and SMS alerts.
In “Superman” Paul Scolardi: Superman Pro
For the price of $247, you receive additional features, plus access to a knowledgeable base of information provided by Superman himself through his Superman Pro package. On top of the essentials that are included in the Alerts plan, Superman Pro gives you daily video lessons, which include a growing library of all other previous ones. Additionally you’ll also have the ability to access premium reports on research as well as an IPO or earnings monitor.
Profit.ly plans and costs
If you’re ready to join the online trading community and leave your mark on the industry, Profit.ly has the right amount of tools to get you going. The platform offers three membership levels that are designed to accommodate traders at different levels. Let’s break down what these three tiers are and how much they’ll cost you.
Novice Plan
The package called Novice is Profit.ly’s entry-level plan designed especially for those who are new to the world of trading. Once you have signed to this plan you’ll be provided with a variety of powerful and indispensable trading tools, each of them integral in keeping your hands on what we call a competitive process by itself.
Among the list of things you can do using Profit.ly’s Novice package is the capability to check the results of your trades and track profit; leading, following and even texting your fellow traders; and giving feedback on the trades of today. You’re also allowed to get on leaderboards; analyze, sort, and filter your trades and lastly, look at the statistics of other traders.
The Novice plan is $29.95 per month. Although it might look appealing just by the price however, there’s a drawback. It isn’t possible to create a private profile, which makes your activities publicly available. If you’re looking to get access to this feature, keep an eye on us as we present to you Profit.ly’s new plan.
Trader Plan
The Trader plan allows you to take advantage of many of the features of The Novice package. This plan allows that you can set up an account that is private for sharing with fellow associate users all your knowledge and intel in this trading group.
Costing $49.95/month, Profit.ly’s Trader plan does what the name suggests catering for those looking to develop their trading skills. While it’s nice however, there’s a crucial aspect that’s not included. As opposed to the prior Novice package, you will not be able view other traders’ statistics, which might be a drawback for those who are anticipating this level. Timothy Sykes Scam
Pro Plan
The Professional plan can be described as the most luxurious package Profit.ly offers to experienced traders. It costs $74.95 monthly, which includes a 22% discount when billed annually, this tier has it all. It gives you full, unlimited access to all features from the two previous plans.
You’re not only able to see other users’ stats as well, you’re also offered the chance to create your own private profile. Both of these options, on top of all the advantages you’ll be able to use to their fullest capacity. If you’re in search of an account that will give all the features you need to be an experienced trader, the Pro tier could be for you!
Profit.ly’s Other Services
Apart from the trainer tools and Leaderboards Profit.ly provides a variety of more services it has to offer. One of those is its online store, which allows users to select from a variety of video products designed to inform and provide guidance on the ins and outs of trading. The products listed on this page of the website is available to be bought immediately for your personal use. These include best-selling products such as”Trading Tickers,” the “Trading Tickers” series by trader professional Tim Grittani, Timothy Sykes’s library of DVDs and streaming-only content on short stocking, penny stocking, as well as all related to trading, videos and clips from The Annual Pennystocking Conference, and items from other experts in trading.
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Chat rooms integrated into Profit.ly are included in Profit.ly’s array of features and services. You are probably familiar with chat rooms since you can find it throughout messaging and social platforms, and also on a few specialty websites that provide live chat support. But in Profit.ly it’s seen as a real-time space where experts and their members can interact and share knowledge in real-time. Every guru has their own style when it comes to running their chat room and dealing with the listed members there. Some may be more laid back and less active, while another might be more interactive and online with their students. Consider chat rooms like Profit.ly’s version of a forum, in the essence.
Who is the ideal trader to Profit.ly?
Profit.ly’s diverse range of products and features are geared towards 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 every person.
Newbies, for instance, will enjoy Profit.ly’s library of learning information available on the platform. In addition, they will get daily videos and chat room advice by its internal gurus and their members. They’ll also be able to select from the products on its store online to carry with them wherever they travel. Additionally, they can gain practical experiences from trading within the platform, but eventually, they will soon learn that the process is a high-stakes game that shouldn’t be taken as an opportunity to make fun of.
For the traders with many years of experience down the line, we see Profit.ly as equally as suitable for them as it is for the newcomers. While novice traders may not be as adept at handling trading matters but the experts already know how it works along with the stack full of risks that it carries. In the ideal scenario, they can use Profit.ly’s range of features to their full advantage to improve their skills in trading. Like beginners, they can study from the gurus and experts and utilize those short tips and tricks throughout the process.
Profit.ly’s “all-in” approach does not only apply to beginners or semi-experienced trader. Verified experts can also join in the enjoyment! Trade professionals who are at similar levels to Superman and Tim Sykes can also use up Profit.ly’s capabilities to display their skills to others as a way to assist them in the ever-changing trading process. Timothy Sykes Scam
Profit.ly’s Pros and Pros and
The Pros
- Profit.ly’s many capabilities as a “one-stop” stock trading platform allows traders across the globe with an abundance of knowledge tools, communication, and trading tools
- You’ll be provided with excellent lessons and advice from the company’s internal experts, which include libraries of educational videos and real-time trading activities
- You’re assured of transparency throughout Profit.ly by using accurate data as well as other traders who are ready to reach you out if something occurs.
- The leaderboard feature on the platform gives you the chance to establish your reputation as a reliable and dependable trader
- In addition to its primary capabilities, Profit.ly also gives its customers extra options that can be tailored to their individual preferences, for instance, posting trades that are not authentic by taking photographs
- Profit.ly’s variety of subscription plans and guru packages are priced at reasonable prices There’s something for everyone
The Cons
- Profit.ly’s numerous packages and services offered could seem overwhelming for most of its users
- If traders decide to post any kind of trade, there is a possibility that some of them could profit from selecting the best trades in order to boost their rating this could be a risk that shouldn’t be overlooked.
- Profit.ly does not offer refunds as the premium customers are expected to immediately take advantage of the numerous services that the platform can offer
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The Final Concluding Question is: Is Profit.ly Valued?
If we could come up with the answer, it’s a ‘yes’. But you need to understand that the platform should not be used as a scheme to get rich quick. The platform wasn’t originally designed to be used to achieve this goal. Instead, you should have curiosity. Timothy Sykes Scam
What we do mean”yes” is it is a fantastic learning tool. For those who are struggling, they might discover Profit.ly’s variety of resources helpful when they try their best to avoid losses and perform better than before. It’s not just the poor traders that can benefit from the platform. It will be able to accommodate beginners as well as even experts in the field!
If you truly want to become better at trading and wish to learn from your peers and experts throughout the process, then take a look at Profit.ly. Profit.ly could be a good choice to start.
FAQ Timothy Sykes Scam
How do you use Profit.ly to make your trades public?
Profit.ly includes the option of allowing trade entries under the “My Trade section of the dashboard. It lets you post your trades, either verified or not. There are three options:
- Linking your account to the brokerage of choice and importing transactions directly through there
- Manually entering your trades into provided spaces and specifics
- Send a screen shot of your transactions
How can I tell if the trade is verifiable or not?
If you buy your trade from a trusted brokerage, there is the chance that it is verifiable. This is evident by the small blue check. If you upload the information manually or via screenshots, it will automatically be assigned as unverified.
The downside of having an unauthenticated trade is the possibility of receiving downvotes from friends and colleagues. If you receive too many negative votes, it could cause you to show up in the Madoff leaderboard, where users are able to identify who is untruthful in submitting trades.
Are the Profit.ly mobile app still in use?
As of this writing, Profit.ly is still available for download on the Apple App Store and in the Google Play store. The mobile app version is compatible with the majority of functioning tablets and smartphones.
How many people are connected to Profit.ly?
Profit.ly is currently home to over 150,000 investors and traders, because they are not just looking to earn maximum profits but also assist each other to learn and improve in acquiring stock market opportunities left and right.
