The stock market can be a high-stakes game. On certain 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 peak. If you’re always in the mud You will need to realize that relying on instinct and survival might not be enough.
If you’ve been incurring occasional losses and you’re likely to require sound advice from tried-and-tested trading experts. You’re also gonna need an enormous boost from your trading partners from all over the globe, which is why we’ve found a platform that can support you in your improvement in the market. We’ll take an in-depth 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 Trading Class
Value: 4.1/5
Quality: 4.1/5
Costs: 4.1/5
Users Experience 4.5/5
Summary
Profit.ly offers an internet-based trading service that enables traders of various levels to be informative responsible, transparent, and uplifting with one another through its wide array 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 site for trading that serves both as a training and learning platform for people new to trading and as a hub for traders with experience to keep track of their performance using the aid of sophisticated analytics tools. Providing users with a wide variety of tools for communication and trade, it helps traders from all walks of life network with each other. It offers gurus with an opportunity to invest in the right areas that the site. Imagine it as an online social media platform similar like Facebook and Reddit, but for experts and traders.
Profit.ly independently validates trade performance 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 tolerate inauthenticity as much as is humanly possible. It was created in the past by penny stock trade expert and investment guru 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 the transparency of every trade, something that has never been done before.” The idea was, he said, serving two goals: 1.) keeping track of public data for not just the gurus as well as newsletter authors and students, and 2) allowing anyone on the platform to learn from both the wins and losses to the benefit of the trading industry. Timothy Sykes Trading Class
How Does It Work?
Profit.ly follows a subscription-based model that allows stock traders to gain access to a multitude of services and features geared towards achieving the success of their business. It is possible to create an account there at no cost, however you’re only given the capability to browse the leaderboards and monitor the actions of non-gurus. If you’re ready 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 offerings that we’ll review in the coming days.
The process of opening an account is simple: Create an account with your experience and expertise, connect your brokerage account, and you have yourself an opportunity to make your way to high on the leaderboard. Profit.ly’s leaders’ board feature as we’ve mentioned earlier was designed to offer its users a look at the performance of the trading community and its gurus. You’re not just allowed to show that you’re worthy to the group 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 credibility of their claims.
If you feel uneasy with the idea of divulging the details of your broker account you can decide to share your trades, either verified or not, via photographs. Included in Profit.ly is the huge selection of courses in trading and the capability to see stats in a trader’s profile, and more ways to communicate with your gurus via chatrooms 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 trader who is famously known for delving his hands into trades in penny stocks. According to Investopedia the term “penny stock” refers to a small-sized company’s shares that trade for under $5 for each share. Penny stock trading is an avenue for small companies to move into a larger market because it allows them to access funds from the general public. However, don’t get it wrong – it can also be a high-risk game, which Sykes can surely tell because of his decades of experience.
Beginning in his late years in the high schools, Tim Sykes has, since then, made over $6 million of earnings during his long and successful career as a trader. When he was 25 years old Tim Sykes had received greater exposure and a larger influence over time as a participant in the reality show “Wall Street Warriors.” He used the opportunity to develop trading rooms as well as penny stock themes and educational content geared toward those who are new to the trading field. He also helped establish Profit.ly as a place for transparency and for the community to uplift and compete against each other through the platform.
The Profit.ly Gurus
One of Profit.ly’s most appealing features is the variety of educational sources, trade alerts and other helpful stuff provided by the platform’s in-house gurus. These gurus refer to the trading experts who have made significant amounts of profit from their collective years of expertise. Timothy Sykes Trading Class
At its height, Profit.ly had housed up to five gurus, each of them a professional in their niche in the field of trading. Some of the prominent experts were Connor Bruggermann, Nathan Michaud of Investors Underground, and Triforce, among a few others. At the time of writing only two gurus remain on the 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 which focuses on penny stock day trading through Tim’s Alerts. Costing $74.95 per month, you’ll see him focus on the fundamental catalysts for stocks and utilize them to predict the next moves that could occur when making trades.
A standalone purchase 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 text, e-mail and push alerts; and a daily stock watchlist.
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. At $149.95 per month, this is the perfect plan for those who are more committed to the penny-stock market. Pennystocking Silver includes all the basic features that were included in earlier plans which includes alerts for swing trading and access to a rich library of more than 7,000 instructional videos that are updated each week.
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In “Superman” Paul Scolardi: Superman Alerts
Scolardi who goes under the alias “Superman,” is a professional in swing trading with an eye for massive stocks of the small-cap size and insanely accurate marketing forecasts. Since he began as a trader, Superman has amassed over $5.5 million in total trading profits. Timothy Sykes Trading Class
The Superman Alerts package is his offer of the most essential features and trading alerts geared to those interested. For $147 per month, you’ll gain an access to the day-to-day stock watchlist that is premarket along with the mobile app, the daily market commentary shown in real time, and email and SMS alerts.
From “Superman” Paul Scolardi: Superman Pro
For the price of $247, you receive additional features, as well as access to an extensive base of knowledge that is provided by Superman himself through Superman Pro. Superman Pro package. Alongside the standard features included in the Alerts plan, Superman Pro gives you weekly video lessons, including an ever-growing library of other previous ones. On top of that, you’ll also get an access to high-quality research papers and the IPO or earnings monitor.
Profit.ly Programs and Costs
If you’re looking to join the world of online trading and leave a mark in the industry, Profit.ly has the right amount of resources to help you up and running. The platform has three membership levels that are designed to accommodate traders with different levels. Let’s break down what these three levels are and what 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 trading community. When you sign to this plan you’ll be provided with a variety of powerful and indispensable trading tools, all of them integral in keeping your fingers on what call a competitive procedure in its own.
The list of features you can accomplish with Profit.ly’s Novice package include the ability to verify the results of your trades and track profit and follow-up, leading and even texting other traders; and giving feedback on the trades of today. It also allows you to be on leaderboards; analyze the results of your analysis, sort, or filter the trades you make; and, finally, see the statistics of other traders.
The Novice plan will cost $29.95 per month. Although it might look appealing just by the price, there is a downside. You can’t create a private profile, which makes your activities publicly available. If you do want to have access to this feature, stay tuned as we introduce to you Profit.ly’s next strategy.
The Trader Plan
The Trader package lets you to use the majority of features available in The Novice package. In this plan, that you can create an account that is private for sharing with fellow associate users all the insights and information you have gained from this trading group.
The price is $49.95/month, Profit.ly’s Trader plan is exactly what it says: Cater for those looking to improve their skills in trading. Although it’s a nice thing but there’s one important feature that is missing. As opposed to the prior Novice package, this one won’t be able view other traders’ stats that could be a disadvantage for some who may be eager to try this new tier. Timothy Sykes Trading Class
Pro Plan
The Professional plan can be described as the highest luxurious package Profit.ly offers to experienced traders. At $74.95 each month with an additional 22% discount for annual billing This plan offers everything. It gives you full, unlimited access to all features of the previous plans combined.
In addition, you’ll be able to view other people’s stats, but you’re also given the opportunity to create a private profile. Both of these options, plus the other advantages you’ll be able to use to their fullest capacity. If you’re in search of an account that will give you everything you need as an experienced trader, the Pro level is the right choice for you!
Profit.ly’s Other Services
Apart from the provided tools for training and leaderboards, Profit.ly provides a variety of additional services that it can provide. One of these is its 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. All of the products featured on this page of the site can be immediately purchased for personal use. Among these products include best-sellers such as”Trading Tickers,” the “Trading Tickers” series by trading professional Tim Grittani, Timothy Sykes’s collection of DVDs, streaming-only content on short stocking, penny stocking, as well as all aspects of trading. There are also clips and scenes taken from 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 variety of features and services. You may be familiar with the chat room as you can find it throughout social and messaging platforms, in addition to a few special websites that offer live chat assistance. But on Profit.ly it’s seen as a area where experts and members trade and learn in real time. Every guru has their own style in operating their chat room and dealing with the listed members. One of them may be a laid-back person who is not very often active, while another may be more online and communicative in their interactions with students. Consider chat rooms as Profit.ly’s version of the forum in essence.
Who is the ideal Trader for Profit.ly?
Profit.ly’s variety of offerings and features are geared towards the wide range of stock traders, from beginners to experienced pros. Considering the number of offers it has to offer it is certain to have something for everyone.
For instance, newbies will appreciate Profit.ly’s library of learning content offered throughout the platform. In addition, they will be enriched with weekly videos and chat room tips from the in-house experts and members. They’ll also be able pick from the merchandise available on its store online to carry with them wherever they may be. You can also get hands-on experiences by trading through the platform, but eventually they’ll realize that this is a high-stakes game that shouldn’t be taken as an amusing pastime.
For the traders with decades of experience in the road, we consider Profit.ly as equally as suitable to them as the newcomers. While novice traders may not be as well-equipped with managing trading but the experts already know how it works along with the plethora of risks that it carries. It is ideal to make use of Profit.ly’s variety of features to their full advantage to enhance their skills in trading. Like novices, they can learn from the top experts as well as experts, and take advantage of simple tips and hints throughout the process.
Profit.ly’s “all-in” approach does not only apply to beginners as well as semi-seasoned traders. Certified experts can also take part in the enjoyment! Those in the trading industry who are at similar levels to Superman or Tim Sykes can also use the power of Profit.ly’s capabilities to showcase their skill to others in order to navigate them through the ever-changing trading process. Timothy Sykes Trading Class
Profit.ly’s Pros and Cons
The Pros
- Profit.ly’s many capabilities as a “one-stop’ platform for trading stocks allows traders from all over the world with tons of learning tools, communication, and trading tools
- You get to be taught by experts and advice from the company’s internal experts, which include collections of educational videos as well as trading in real-time.
- You can be sure of complete transparency through Profit.ly with accurate analytics as well as other 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 dependable trader
- Apart from its main features, Profit.ly also gives its users extra options to suit their preferences, such as posting unverifiable trades through photographs
- Profit.ly’s diverse range of subscription plans and guru packages are priced at reasonable prices There’s something for everyone
The Cons
- Profit.ly’s bountiful stream of packages and services offered could not be enough for a lot of its users
- Since traders can choose to post any kind of trade, there’s the possibility that some of them will profit by selecting the best trades in order to improve their ratings this could be a concern that should not be simply overlooked
- Profit.ly will not allow refunds, as its premium users are expected to instantly benefit from the many features the platform is able to offer
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The Final Concluding Question is: Is Profit.ly Worth It?
If we were able to come up with the answer, it’s a ‘yes’. But it is important to realize that it shouldn’t be treated as a scheme to get rich quick. It wasn’t intended to be created to achieve this goal. Instead, you need to have an open mind. Timothy Sykes Trading Class
What we mean”yes” is it can be a great learning tool. For those who are struggling, they could be able to find Profit.ly’s range of resources helpful 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!
If you really want to become a better trader and want to be taught by your peers and experts on the way, take a look at Profit.ly. Profit.ly is a fantastic option to begin.
FAQ Timothy Sykes Trading Class
What are the best ways to use Profit.ly to post your trades?
Profit.ly has a trade entry portion under the My Trade category on the dashboard which lets you record your trades, verifiable or not. There are three options:
- Linking your account with your broker of choice and import trades directly from there
- Manually entering your trades using provided spaces and specifics
- Send a screen shot of your trades
How do I know whether the trade can be verified or not?
If you buy your trade through a reliable brokerage, there is the likelihood that it can be verified. This is indicated with the blue check mark. If you submit it manually or through screenshots, it will automatically be classified as unverified.
The downside of having an unauthentic trade is the possibility of receiving negative feedback from friends and colleagues. If you receive too many negative votes, it could result in you appearing in the Madoff leaderboard, which is where the public are able to identify who is untruthful in submitting trades.
Does the Profit.ly mobile app still available?
At the time of writing, Profit.ly is still available to download from the App Store for Apple and in the Google Play store. The mobile app version works with all functioning tablets and smartphones.
How many people are currently on 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 help each other learn and improve in acquiring opportunities in the stock market all over the world.
