Timothy Sykes Stock Portfolio

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Stock trading is a high-stakes game. On certain days, you might enjoy the benefits of positive and satisfactory numbers. On other days, however you may experience the opposite, and it may sometimes be extremely difficult to get back to the point you were at your peak. If you are always in the mud it is important to realize that relying on your instincts and preserving might not be enough.

If you’ve experienced losses from time to time, you’re gonna be needing sound advice from tried-and-tested trading experts. Also, you’ll need an important boost from fellow traders from around the globe, which is why we’ve found an option that can help you to improve your performance within the field. In this review, we’ll take the time to look at Profit.ly A well-respected single-stop social platform to trade!

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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 Stock Portfolio

Value: 4.1/5

Quality: 4.1/5

Costs: 4.1/5

Users Experience 4.5/5

Summary

Profit.ly is an online trading platform that enables traders of various levels to be informed, transparent, accountable, and encouraging each other by offering a wide range of features and tools including chat rooms, trade verification, and an enriched 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 traders who are starting out as well as a place for experienced traders to track their performance with the help of cutting-edge analytics tools. Offering users a broad array of options for trade and communication and letting traders from all walks of life connect with one another. It gives the gurus an opportunity to invest in the right areas of this platform. Consider it an online social media platform similar to Facebook and Reddit however it is geared towards experts and traders.

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 trust and transparency. it guarantees that the transactions are legitimate and will not allow for fraud as much as is humanly possible. It was established years ago by the penny stock trade expert and investment guru Timothy Sykes, along with his colleague Michael Mosseri.

One time , during an interview for Forbes publication, Sykes said that Profit.ly was motivated by its focus “on showing all trades, something that has never been previously done.” The concept was, he said, serving two objectives: one) keeping track of public data for not just the gurus and newsletter authors and students, and 2) giving anyone on the platform to learn from the losses and wins to the benefit of the trading industry. Timothy Sykes Stock Portfolio

How Does It How Does It

Profit.ly follows a subscription-based model that lets stock traders benefit from a variety of services and features geared towards achieving achievement. You may set up an account for free, but you’re only limited to having access to the leaderboard and observe the activities of non-gurus. If you’re looking to invest your money to see which stocks the gurus are trading in real time it is necessary to subscribe to any of Profit.ly’s offers, which we will review in the coming days.

Making an account easy: create a profile with your experiences and knowledge, then connect your brokerage account, and you’ll have the chance to climb through the top of the leaderboard. Profit.ly’s leaders’ board feature as mentioned previously it is designed to provide its users a look at how the community of traders performs and its experts. It’s not just a way to demonstrate value to a community of traders, as you can also utilize Profit.ly to shop with a professional with the confidence that you are confident of their knowledge and the legitimacy of their claims.

If you feel uneasy with the idea of sharing your brokerage account, then you could opt to post your trades, verified or not, by taking photographs. Also included in Profit.ly is the huge selection of trading classes as well as the ability to look at statistics on a person’s profile as well as other ways to connect with your gurus in the chatroom, in addition to email and text alerts as well as updates.

Timothy Sykes Stock Portfolio

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Meet the Founder: Tim Sykes

Timothy Sykes is a well-renowned day trading guru who has been famously known for his involvement in trades in penny stocks. According to Investopedia Penny stock is a small business’s stock that trades for under $5 for each share. The penny stock market is an opportunity for small-scale businesses to make the transition to a market that is larger as it allows them to access capital from the general public. But don’t make the mistake of thinking that it can also be an extremely risky game, as Sykes can surely tell because of his decades of experience.

From his beginnings in the latter years of High School, Tim Sykes has, since then, earned more than $6 million in profit during his long and successful career as trader. At 25 years old, he had been given more exposure and a wider reach of influence when he became part of the reality series “Wall Street Warriors.” He made use of the show to develop trading rooms, penny stock themes, as well as educational content targeted at those who are just beginning to learn about trading. He also helped establish Profit.ly as a place of 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 sources, trade alerts and other useful stuff offered by the company’s internal gurus. These gurus refer to the trading experts who have proven to make significant amounts of profit from their collective years of knowledge. Timothy Sykes Stock Portfolio

At its peak, Profit.ly had housed up to five gurus, each of them an expert in their field of expertise within the world 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, there are only two gurus who remain on this platform: 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 Let’s look at what packaged deals each guru can offer.

From Tim Sykes Tim Sykes

Sykes offers basic stock trading services with the main priority being penny-stock day trading via Tim’s Alerts. At $74.95 for a month you’ll observe him focus on fundamental catalysts for stocks and utilize them to predict the next move that is possible when making trades.

A purchase on its own of Tim’s Alerts will get you access to the chatroom, as well as the mobile app that’s available to iOS and Android devices, email, text and push alerts and a daily stock watchlist.

from Tim Sykes: The Pennystocking Silver Package

Pennystocking Silver is the premium version, with an upgraded version of Tim’s Alerts package. It costs $149.95 monthly, it is the perfect plan for those who are invested in penny stock trading. Pennystocking Silver offers all the essential features of prior plans, which includes swing trading alerts as well as unlimited access to an extensive library of over 7,000 educational videos and new videos released weekly.

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The following video is from “Superman” Paul Scolardi: Superman Alerts

Scolardi, who goes by the alias “Superman,” is a trader who has an eye for both small-cap monumental stocks and crazy-accurate marketing forecasts. Through the years since he began as a trader, Superman has amassed over $5.5 million in all-time trading profits. Timothy Sykes Stock Portfolio

The Superman Alerts plan is his offer of the most essential features and alerts on trading geared towards those who might be interested. For just $147 per month, you’ll have access daily stock watchlist that is premarket as well as the mobile application, daily market commentary shown in real time, and SMS and e-mail alerts.

From “Superman” Paul Scolardi: Superman Pro

At $247/month, you get additional features, as well as access to a knowledgeable base of information provided by Superman himself via Superman Pro. Superman Pro package. In addition to the basic features included in the Alerts plan, Superman Pro gives you weekly video lessonsthat include the growing collection of other previous ones. In addition you’ll also gain an access to high-quality research papers and an IPO and earnings tracker.

Profit.ly Programs and Costs

If you’re ready to join the world of online trading and leave your mark on the field, Profit.ly has the right amount of tools to get you started. Profit.ly offers three membership levels that are designed to accommodate traders at different levels. Let’s look at what the three are and how much they will cost you.

Novice Plan

The package called Novice is Profit.ly’s basic plan that is designed specifically for people who are brand new to the trading community. Once you have signed to this plan you’ll be offered a range of strong and vital trading tools, all of which is essential to keep your hands on what we call a competitive process by itself.

Among the list of things you can do using Profit.ly’s Novice program is the ability to verify the results of your trades and track profit and follow-up, leading and even chatting with your fellow traders; and leaving feedback on today’s trades. It also allows you to be on leaderboards; analyze your trades, sort as well as filter trades; and, finally, see other’s stats.

The Novice plan is $29.95 per month. While it may look attractive simply because of the price however, there’s a drawback. You aren’t able to create a personal profile, thus making your personal information public. If you’re looking to gain access to this feature, you should be watching for us to introduce to you Profit.ly’s next strategy.

The Trader Plan

The Trader package allows users to benefit from a majority of features from the novice plan. This plan allows that you are able to create a private profile to share with other associate users all the insights and intel in the trading community.

Costing $49.95/month, Profit.ly’s Trader plan is exactly what it says: Cater to those who desire to develop their expertise in trading. Although it’s a nice thing, there is one significant feature that is missing. As opposed to the prior Novice package, you won’t be able to view other traders’ stats that could be a disadvantage for those who are anticipating this level. Timothy Sykes Stock Portfolio

Pro Plan

The Professional plan can be described as the highest expensive plan Profit.ly can offer to experienced traders. At $74.95 monthly, which includes a 22% discount for billing annually the Pro plan has everything. You get full, no-holds-barred access to all the features of the prior plans.

You’re not only able to view other people’s stats, but you’re also given the option of creating a private profile. Both of these features, plus the other advantages you’ll be able to use to their fullest capacity. If you’re looking for an account that will give you with everything you require as a skilled trader, maybe the Pro plan is the right choice 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 lets users pick from a range of videos that are designed to educate and guide you through the ins and outs of trading. All of the products featured on this page of the website can be purchased immediately for personal use. These include best-selling products like”Trading Tickers,” the “Trading Tickers” series from trading specialist Tim Grittani, Timothy Sykes’s collection of DVDs, streaming-only content related to short stocking, penny stocking, as well as all related to trading, videos and footage of the Annual Pennystocking Conference, and other products by expert traders.

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The chat rooms that are integrated are included in Profit.ly’s range of services and features. You’re probably familiar with the chat room as you can find it throughout social and messaging platforms, and also on a few specialty websites that offer live chat support. But on Profit.ly, it is seen as a real-time space where experts and their member traders can communicate and share knowledge in real-time. Each guru has their style when it comes to running their chat room and dealing with the listed members. One of them may be more laid back and not very often active, while another may be more interactive and online with their students. Consider chatrooms as Profit.ly’s version of the forum in its essence.

Who is the ideal Trader for Profit.ly?

Profit.ly’s wide range of products and features caters to an array of stock traders, from novices to experienced professionals. With the variety of deals it has to offer this platform definitely has something for all.

Newbies, for instance, will appreciate Profit.ly’s knowledge-based information available on the platform. They will also be provided with videos every week and chat room advice from the in-house experts and their members. They’ll also be able select from the products on its store online that they can take with them wherever they go. Additionally, they can gain practical experience trading on the platform, but ultimately they’ll realize that the process is a risky game that should not be viewed as an opportunity to make fun of.

For the traders with years of exposure down the line, we see Profit.ly equally suited to people who are just beginning. While novice traders may not be as proficient in handling trading matters but the experts already know how it works and the stack full of risks that it carries. Ideally, they may utilize Profit.ly’s range of features to their best advantage to enhance their trading abilities. As beginners, they are able to study from the gurus and experts , and use those simple tips and hints to help them along.

Profit.ly’s “all-in” approach doesn’t just apply to newbies and semi-experienced traders. Certified experts can also take part in the enjoyment! Trade professionals who are on an equal level with Superman and Tim Sykes can also use the power of Profit.ly’s abilities to show off their skills to others as a way to navigate them through the ever-changing trading process. Timothy Sykes Stock Portfolio

Profit.ly’s Pros and Cons

The Pros

  • Profit.ly’s numerous capabilities as a ‘one-stop’ stock trading platform allows traders across the globe with tons of learning, communication, and trading tools
  • You get to receive excellent training and insights from its in-house gurus, including libraries of educational videos and trading in real-time.
  • You’re assured of transparency throughout Profit.ly with accurate analytics as well as fellow traders who are ready to reach you out whenever something happens
  • The leaderboard feature on the platform gives you the chance to establish your credibility as a trustworthy and authentic trader
  • In addition to its primary features, Profit.ly also gives its customers extra options that can be tailored to their individual preferences, for instance, posting unverifiable trades through images
  • Profit.ly’s wide array of subscription plans and guru packages are priced at a reasonable cost – there truly is something for every person

The Cons

  • Profit.ly’s abundance of packages and products offered may not be enough for a lot of its customers
  • If traders decide to open any kind of trade, there is an opportunity that some them may take advantage by cherry-picking the best trades to boost their rating this could be a risk that shouldn’t be simply overlooked
  • Profit.ly does not offer refunds because the premium customers are expected to instantly benefit from the many services the platform has to offer

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The Final Concluding Question 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 it shouldn’t be treated as a scheme to get rich quick. The platform was not always designed to be used in this way. Instead, you need to have curiosity. Timothy Sykes Stock Portfolio

What we mean by ‘yes’ is that it could be a useful learning tool. People who are stuck might find Profit.ly’s array of resources helpful as they do their best to incur lesser losses and be more successful than they did before. Not only struggling traders that will profit from the platform. It is able to accommodate novices and even experts in the field!

If you really care about being a better trader and want to be taught by your mentors and peers on the way, look no further – Profit.ly could be a good option to begin.

FAQ Timothy Sykes Stock Portfolio

How can you make use of Profit.ly to make your trades public?

Profit.ly has the option of allowing trade entries under the ‘My Trade section of the dashboard. It lets you record your trades that are verified or otherwise. There are three choices:

  1. Linking your account to the brokerage of choice and importing trades directly from there
  2. Manually inputting your trades with specified spaces and information.
  3. Send a screen shot of your trades

What can I do to determine whether the trade can be verified or not?

If you import your trade through a reliable brokerage, there is an excellent chance that it is verifiable. This is shown by the small blue check. If you upload the information manually or via pictures, it will be classified as unverified.

The disadvantage of an unauthenticated trade is the chance of receiving negative feedback from fellow peers. A large number of downvotes could result in you appearing on the Madoff leaderboard, where users are able to identify who is dishonest in posting trades.

Are the Profit.ly mobile app still in use?

As of this writing, Profit.ly is still available to download via the Apple App Store as well as in the Google Play store. The mobile version of the app works with all operating tablets and smartphones.

How many people are connected to Profit.ly?

Profit.ly currently houses more than 150,000 traders and investors, since they’re not just trying to maximize profits but also to help one another develop and grow in their ability to take advantage of stock market opportunities all over the world.

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