Stock trading can be an exciting game with high stakes. On some days, you could have the benefit of pleasing and positive numbers. However, on other days, the opposite may happen, and it may sometimes be very difficult to get back to where you were your most productive. If you’re always in the mud, you will have be aware that relying solely on instinct and survival may not always be enough.
If you’ve been incurring losses from time to time and you’re likely to require reliable advice from tested and tried 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 discovered an online platform that will help you in your improvement in the industry. This review will take an in-depth look at Profit.ly A well-respected 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 Stock Course Review
User Experience: 4.5/5
Profit.ly offers an internet-based trading service that permits traders of various levels to be informative responsible, transparent, and uplifting with each other by offering a wide variety of tools and features like trade verification, chat rooms and a rich library of educational material.
What exactly is Profit.ly?
Profit.ly is a trading website that functions as a learning and education platform for people who are starting out as well as a place for experienced traders to track their performance through the use of sophisticated analytics tools. Providing users with a wide array of options for trade and communication, it helps traders from all walks of life connect with one another. It offers gurus with worthy investments within the boundaries that the site. Consider it an online social media platform similar the likes of Facebook and Reddit but with a focus on professionals and traders.
Profit.ly independently checks the performance of trades and then publishes the information 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 tolerate inauthenticity as much as possible. It was established years ago by the penny expert in stock trading and investment expert Timothy Sykes, along with the other expert Michael Mosseri.
One time during his interview for Forbes publication, Sykes stated that Profit.ly was driven by its focus “on showing every trade, something that was never prior to.” The concept, he added, served two goals: 1.) making public records for all traders, not just the gurus as well as newsletter authors and students as well as) making it possible for everyone on the platform to be enlightened by both losses and wins to the benefit of the trading industry. Timothy Sykes Stock Course Review
How Does It How Does It
Profit.ly utilizes a subscription model that allows stock traders to gain access to a multitude of services and features geared toward success. It is possible to create an account there for free, but you’re limited to the ability to navigate through the leaderboard and follow the actions of non-gurus. If you’re ready to invest your money and see which stocks the gurus are trading in real time You’ll need to join one of Profit.ly’s deals, which we will go over shortly.
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 your way to high on the leaderboard. Profit.ly’s leaderboard feature, as we’ve mentioned earlier it is designed to provide its users a glimpse of their performance as a trading group as well as its experts. It’s not only a chance to show value to a community of traders, but you can also use Profit.ly to shop with a professional with the assurance that you’re comfortable in their skills and the credibility of their claims.
If you feel uneasy with the concept of leaking information about your account with a brokerage, you can choose to publish your trades, whether verified or otherwise, through screenshots. Also included in Profit.ly is the huge selection of courses in trading as well as the ability to look at statistics on a person’s profile and other methods to connect with your gurus in the chatroom, along with 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 is famously known for delving his hands into trades in penny stocks. According to Investopedia 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 a stepping stone for small companies to move into a larger market because it allows them to access capital from the public. But don’t be mistaken – it can also be a high-risk game, which Sykes will be able to tell you thanks to his years of experience.
Beginning in the latter years of High School, Tim Sykes has, since then, earned over $6 million of profit during his long and successful career as trading professional. At 25 years old, he had been given greater exposure and a larger reach of influence as a participant in the reality TV show “Wall Street Warriors.” He made use of the show to create trading rooms and penny stock themes as well as educational content targeted at people who are brand new to trading. He also played a role in establishing Profit.ly as a place for transparency 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 resources, trade alerts, as well as other useful information provided by the company’s internal gurus. The gurus in question refer to the trading experts who have earned substantial amounts of money from their combined years of knowledge. Timothy Sykes Stock Course Review
At its height, Profit.ly had housed up to five gurus, all of them a pro in their niche in the field of trading. Some of the prominent experts included Connor Bruggermann, Nathan Michaud of Investors Underground, and Triforce, among a few others. At the time of writing however, only two gurus remain on this platform: Founder of the penny stock market 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 has to offer.
From Tim Sykes Tim Sykes: Tim’s Alerts
Sykes offers basic stock trading services which focuses on penny-stock day trading via Tim’s Alerts. The cost is $74.95 per month, you’ll be able to see him concentrate on the fundamental stock catalysts and use them to forecast the next moves that could occur when trading.
A standalone purchase from Tim’s Alerts will get you access to the chatroom as well as the mobile app available for iOS as well as Android devices, as well as text, e-mail and push alerts and a daily stock watchlist.
from Tim Sykes: The Pennystocking Silver Package
Pennystocking Silver is the highest-quality version, with an upgraded version of Tim’s Alerts program. Priced at $149.95 monthly, it is a great option for those who are invested in investing in penny stocks. Pennystocking Silver includes all the basic features of earlier plans including swing trading alerts and unlimited access to a library of over 7,000 educational videos that are updated weekly.
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In “Superman” Paul Scolardi: Superman Alerts
Scolardi, who goes by the alias “Superman,” is a professional in swing trading with an eye for both 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 earnings. Timothy Sykes Stock Course Review
The Superman Alerts plan is his offering of essential features and trading alerts geared towards those who might be interested. For just $147 per month, you’ll have an access to the day-to-day stock watchlist that is premarket as well as the mobile app, the daily market commentary in real time, and email and SMS alerts.
From “Superman” Paul Scolardi: Superman Pro
For $247 per month, you can enjoy additional features, as well as access to the extensive knowledge base that is provided by Superman himself, via Superman Pro. Superman Pro package. Alongside the standard features featured in the Alerts plan, Superman Pro gives you weekly video lessonsthat include an ever-growing library of the previous ones. On top of that you’ll also gain access to premium research reports and an IPO as well as earnings tracking tool.
Profit.ly Programs and Costs
If you’re eager to join the online trading community and leave a mark in the industry, Profit.ly has the right amount of resources to get you up and running. The platform offers three membership levels that cater to traders with different levels. Let’s look at what the three tiers are and how much they will cost you.
This package for novices is Profit.ly’s basic plan that is designed specifically for those who are new to the world of trading. When you sign up for this package, you will be immediately provided with a variety of powerful and essential trading tools, each one of them essential in keeping your fingers on what we call a competitive process by itself.
The list of features 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 texting other traders; and leaving feedback on today’s trades. You’re also allowed to get on leaderboards, analyze, sort, or filter the trades you make and, lastly, view the statistics of other traders.
The Novice plan costs $29.95 per month. Although it looks attractive simply because of the price, there is a downside. You aren’t able to create a personal profile, thus making your activities publicly available. If you’re interested in gain the benefit of this service, keep an eye on us as we present to you Profit.ly’s next strategy.
The Trader Plan
The Trader plan allows you to take advantage of many of the features of the novice plan. In this plan, that you are able to create an account that is private for sharing with fellow associate users all your knowledge and information you have gained from this trading group.
Priced at $49.95/month, Profit.ly’s Trader plan is exactly what it says catering for those looking to improve their skills in trading. While it’s nice, there is one significant feature that is missing. Unlike the previous Novice package, this one won’t be able to view other traders’ statistics, which could be a disadvantage for some who may be looking forward to this tier. Timothy Sykes Stock Course Review
The Professional plan can be described as the highest luxurious package Profit.ly can offer to experienced traders. With $74.95 monthly, and a 22% discount for billing annually This plan offers it all. You get full, no-holds-barred access to all the features from the two previous plans.
Not only do you get to see other users’ stats and data, but you also have the chance to create your own private profile. These two features are in addition to the 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 an experienced trader, the Pro tier could be ideal for you!
Profit.ly’s Other Services
Apart from the provided trainer tools and leadersboards Profit.ly offers a number of other services they provide. One of these is its online store, which lets users choose from a wide array of video products designed to inform and help you understand the ins and outs of trading. All of the products featured in this section of the site can be purchased immediately for personal use. Among these products include best-sellers such as”Trading Tickers,” the “Trading Tickers” series by trader specialist Tim Grittani, Timothy Sykes’s collection of DVDs and streaming-only content about penny stocking, short stocking, as well as all things trading-related, clips and scenes from events like the Annual Pennystocking Conference, and other products by expert traders.
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The integrated chat rooms are as well part of Profit.ly’s range of features and services. You are probably familiar with the chat room since you can find it throughout social and messaging platforms as well as some specialty websites that provide live chat support. But on Profit.ly it’s seen as a real-time place where gurus and their member traders can communicate and share knowledge in real-time. Every guru has their own way when it comes to running their chat room and dealing with the members there. One might be laid back and not very often active, while another may be more online and communicative in their interactions with students. Think of the chatrooms as Profit.ly’s version of the forum, in essence.
Who is the ideal Trader for Profit.ly?
Profit.ly’s wide range of products and features caters to the wide range of stock traders, from beginners to experienced pros. With the variety of deals it can provide, the platform surely has something for everyone.
Newbies, for instance, can take advantage of Profit.ly’s library of learning information available on the platform. Not only will they be provided with videos every week and chat room advice from the in-house experts as well as their members. Additionally, they can select from the products on its store online that they can take with them wherever they be. They can also gain hands-on experience trading on the platform, however, they will soon learn that trading is a high-stakes game that shouldn’t be taken as a joke.
For those traders who have had decades of experience in 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 however, experienced traders know how it works and the stack full of risks associated with it. In the ideal scenario, they can utilize Profit.ly’s array of features to their full advantage to improve their trading skills. Like beginners, they can study from the gurus and experts and utilize those quick tips and tidbits throughout the process.
Profit.ly’s “all-inclusive” nature doesn’t just apply to newbies or semi-experienced trader. Experts who have been verified can also participate in the enjoyment! People in the trade industry who are at the same level as Superman as well as Tim Sykes can also use up Profit.ly’s abilities to show off their skill to others in order to assist them in the ever-changing trading process. Timothy Sykes Stock Course Review
Profit.ly’s Pros and Pros and
- Profit.ly’s many capabilities as a “one-stop” stock trading platform allows it to provide traders everywhere with a wealth of education tools, communication, and trading tools
- You will receive excellent training and tips from the in-house gurus, including libraries of educational videos and real-time trading activities
- You’re assured of transparency throughout Profit.ly by using accurate data as well as fellow traders that are waiting to reach you when something goes wrong.
- The leaderboard feature of the platform offers you the chance to establish your reputation as a reliable and authentic trader
- Apart from its main abilities, Profit.ly also gives its customers additional options to meet their needs, like posting unauthentic trades via images
- Profit.ly’s variety of subscription levels and guru packages are priced at a reasonable cost There’s something for every person
- Profit.ly’s abundance of packages and products offered may not be enough for the majority of its users
- As traders may opt to make any type of trade, there is an opportunity that some them will profit by selecting the best trades in order to boost their rating this could be a concern that should not be simply overlooked
- Profit.ly will not allow refunds, as the premium customers are expected to immediately take advantage of the numerous features the platform is able to provide
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The Final Verdict The Final Verdict: Is Profit.ly Worth It?
If we could think of an appropriate answer for this query, it’s an affirmative “yes”. However, you must realize that the platform should not be used as a quick-fix scheme to make money. It wasn’t intended to be created for this reason. Instead, it is best to keep an open mind. Timothy Sykes Stock Course Review
What we mean”yes” is that it could be a useful learning tool. Those who may be stuck might discover Profit.ly’s range of resources useful as they do their best to incur lesser loss and perform better than they did before. Not only struggling traders who will benefit from this platform. It is able to accommodate novices and even experts!
If you truly care about being better at trading and wish to be taught by your peers and experts throughout the process, then take a look at Profit.ly. Profit.ly may be a great choice to start.
FAQ Timothy Sykes Stock Course Review
How can you make use of Profit.ly to publish your trades?
Profit.ly includes a trade entry portion within the My Trade section of the dashboard which lets you post your trades, either verified or otherwise. There are three options:
- Connecting your account to your brokerage of choice and importing transactions directly through there
- Manually entering your trades using the spaces provided and details
- Upload a screenshot of your transactions
What can I do to determine whether the trade is authentic or not?
If you import your trade from a reputable brokerage, there is a high likelihood that it can be verified. This is shown by the small blue check. If you submit it manually or through screenshots, it will automatically be assigned as unverified.
The downside of having an unauthenticated trade is the risk of receiving negative feedback from fellow peers. Too many downvotes may cause you to show up on the Madoff leaderboard, where people are able to identify who is untruthful in submitting trades.
Is the Profit.ly mobile app still in use?
At the time of writing, Profit.ly is still available to download from the Apple App Store and 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 investors and traders, as they not only are seeking to make the most profit but also help each other grow and learn more about acquiring stock market opportunities both right and left.