Stock trading can be a high-stakes game. On some days, you might enjoy the benefits of positive and satisfactory numbers. On other days, however it could be the reverse and it can be very difficult to get back to the point you were at your most productive. If you are constantly stuck in the gutter, you will have to realize that relying on pure instinct and preservation might not be enough.
If you’ve experienced loss from time to time You’ll need sound advice from tried-and-tested trading experts. Also, you’ll need an enormous boost from your colleagues in the market from all over the world, which is why we’ve discovered a platform that can support you in your growth in the market. This review will be taking a look at Profit.ly A well-respected one-stop social platform for trading!
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 Trading Live
The User’s Experience 4.5/5
Profit.ly offers an internet-based trading service that enables traders of different levels to be informed responsible, transparent, and encouraging each other by offering a wide range of features and tools including chat rooms, trade verification as well as an extensive library of educational material.
What is Profit.ly?
Profit.ly is a site for trading that serves both as a learning and education platform for traders new to trading and as a hub for experienced traders to track their performance using the aid of sophisticated analytics tools. Providing users with a wide range of resources for communication and trade that help traders from all walks of life network with one another. It gives the gurus worthy investments within the boundaries of the platform. Consider it the social media equivalent the likes of Facebook and Reddit however it is geared towards professionals and traders.
Profit.ly independently validates trade performance and publishes all data of them in the manner of leaderboards. The platform for trading is built on trust and transparency. it ensures that the transactions are legitimate and will not tolerate inauthenticity as much as is humanly 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 appearance in Forbes magazine Sykes said that Profit.ly was based “on the transparency of the entire spectrum of trades, something which has never been done before.” The concept Sykes said served two purposes: 1) creating public track records for not just the gurus and newsletter authors and students, and 2) making it possible for all users to gain insight into the losses and wins to benefit the industry of trading. Timothy Sykes Trading Live
How Does It How Does It
Profit.ly follows a subscription-based model that lets stock traders gain access to a multitude of tools and services that are geared at achieving achievement. You may set up an account on the site at no cost, however you’re limited to access to the leaderboards and monitor the activities of people who aren’t gurus. If you’re interested in investing your money in order to find out what stocks the experts are trading in real-time, you will need to subscribe to any of Profit.ly’s deals that we’ll review in the coming days.
The process of opening an account is easy: create an account that includes your personal information and expertise, connect to your brokerage account and you’ll be given the chance to climb through at the very top of the list. Profit.ly’s Leaderboard function, which was previously mentioned, is designed to give its users a look at how the community of traders performs and its gurus. You’re not just allowed to demonstrate your worth to a group of traders. You are also able to use Profit.ly to buy from a guru with the assurance that you’re comfortable with their expertise and the credibility of their assertions.
If you’re not comfortable with the idea of divulging information about your account with a brokerage, you may decide to share your trades, either verified or not, via pictures. In Profit.ly are a variety of trading courses and the capability to see the stats of a trader’s account as well as other ways to communicate with your gurus via chatrooms 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 trader who is famously known for delving his hands into the penny-stock market. According to Investopedia, a penny stock is a small business’s shares that trade for under $5 for each share. The penny stock market can be seen as a stepping stone for small-scale businesses to make the transition to a market that is larger as they can access money from the public. However, don’t get it wrong – it’s also a high-risk game, which Sykes will be able to tell you through his many years of experience.
Since his initial beginnings in the latter years of High School, Tim Sykes has, since then, made more than $6 million in profit throughout his illustrious career as trader. When he was 25 years old Tim Sykes had received greater exposure and an even wider influence over time when he was a part of the reality TV show “Wall Street Warriors.” Then, he took advantage of it to establish trading rooms and penny stock themes and educational content geared toward people who are brand new to the trading field. He also helped to establish Profit.ly as a place for openness, and for the community to uplift and compete with each other on the platform.
The Profit.ly Gurus
One of Profit.ly’s amazing features is the vast array of learning resources, trade alerts, and other helpful stuff provided by the company’s internal gurus. These gurus refer to experts in the field of trading who have proven to make significant amounts of profit from their collective years of knowledge. Timothy Sykes Trading Live
At its peak, Profit.ly had housed up to five gurus, each of them an expert in their niche in the trading industry. Some of the most prominent experts included 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 and penny stock trader Tim Sykes and veteran smallcap swing trader Paul Scolardi, also known as Superman. In light of that we’ll take a look at the packaged offers each guru has to offer.
From Tim Sykes Tim Sykes: Tim’s Alerts
Sykes offers a basic stock trading service which focuses on penny-priced day trading with Tim’s Alerts. Costing $74.95 per month, you’ll be able to see him concentrate on the fundamental catalysts for stocks and utilize them to anticipate the next possible moves in making trades.
A purchase on its own of Tim’s Alerts will get you access to the chatroom as well as the mobile app available to iOS and Android devices, as well as text, e-mail, 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 program. Priced at $149.95 monthly, this is a great option for those who are more invested in investing in penny stocks. Pennystocking Silver includes all the basic features that were included in the previous plan, including swing trading alerts and unlimited access to an extensive library of over 7,000 educational videos that are updated weekly.
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From “Superman” Paul Scolardi: Superman Alerts
Scolardi, who goes by the alias “Superman,” is a swing trading professional with an eye for both tiny-cap massive stocks as well as wildly accurate marketing forecasts. Through the years since he began as a trader, Superman has amassed over $5.5 million in total trading earnings. Timothy Sykes Trading Live
The Superman Alerts plan is his package of vital features and alerts on trading geared towards those who might be interested. For $147/month, you’ll get an access to the day-to-day stock watchlist that is premarket and the mobile application, daily market updates in real-time, and E-mail and SMS alerts.
The film “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 via the Superman Pro package. In addition to the basic features featured in the Alerts plan, Superman Pro gives you daily video lessons, which include the growing collection of previous lessons. Additionally, you’ll also get an access to high-quality research papers 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 make a mark on the field, Profit.ly has the right amount of resources to get you started. The platform offers three membership levels that cater to traders of different levels. Let’s break down what these three tiers are and how much they’ll cost you.
The package called Novice is Profit.ly’s beginning-of-the-line plan specifically for those who are new to the trading community. When you sign up for this plan you’ll be provided with a variety of powerful and indispensable trading tools, each one of them essential in keeping your fingers on what call a competitive process by itself.
Some of the features you can accomplish with Profit.ly’s Novice package include the capability to check trades and track profits as well as leading, following and even chatting with your fellow traders; and providing feedback on trades today. It also allows you to be on leaderboards; analyze, sort, and filter your trades and, lastly, view other’s stats.
The Novice plan is $29.95 per month. While it may look attractive just by the price, there is a downside. You aren’t able to create a personal profile, thus making your actions public. If you’re looking to gain an account with this option, keep an eye on us as we present to you Profit.ly’s next strategy.
The Trader Plan
The Trader plan allows you to use many of the features of The Novice package. In this plan, that you are able to create an account that is private to share with fellow associates all your insights and information you have gained from trader’s community.
The price is $49.95/month, Profit.ly’s Trader plan is exactly what it says: Cater to those who desire to improve their skills in trading. Although it’s a nice thing however, there’s a crucial feature that is missing. Unlike the previous Novice package, this one won’t be able view other traders’ stats this might be a drawback for those looking forward to this tier. Timothy Sykes Trading Live
The Pro plan is the most premium package that Profit.ly offers to experienced traders. At $74.95 per month, with an additional 22% discount when billed annually This plan offers everything. It gives you full, unlimited access to all options of the prior plans.
You’re not only able to look at other people’s statistics and data, but you also have the opportunity to create an individual profile. Both of these options, plus the other advantages you’ll be able to use to their fullest capacity. If you’re looking for a plan that can serve all the features you need to be a skilled trader, maybe the Pro level is ideal for you!
Profit.ly’s Other Services
Apart from the tools for training and Leaderboards Profit.ly provides a variety of additional services that it can offer. One of these is its online store, which allows users to pick from a range of instructional videos that are that are designed to educate and help you understand the nuances and pitfalls of trading. All of the products featured in this section of the site can be immediately purchased for personal use. Some of these include bestsellers like”Trading Tickers, “Trading Tickers” series by trader specialist Tim Grittani, Timothy Sykes’s library of DVDs and streaming-only content related to short stocking, penny stocking, and other things trading-related, clips and footage from events like the Annual Pennystocking Conference, and items from other experts in trading.
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The chat rooms that are integrated are as well part of Profit.ly’s array of services and features. You may be familiar with the chat room since you will see it on messaging and social platforms, in addition to a few special websites that offer live chat assistance. However, in Profit.ly it’s seen as a hands-on space where experts and their members trade and learn in real time. Each guru has their style in running their chat rooms and dealing with the listed members there. One of them may be a laid-back person who is not very often active, while another may be more online and communicative to their pupils. Think of the chatrooms as Profit.ly’s version of the forum, in essence.
Who is the best Trader for Profit.ly?
Profit.ly’s wide range of products and features cater to the wide range of stock traders, from novices to the most experienced. Given the wide range of options it can provide it is certain to have something for all.
For instance, newbies will enjoy Profit.ly’s knowledge-based information available on the platform. They will also be provided with videos every week and chat room advice from its in-house gurus and their members. They’ll also be able choose from the items on its store online for them to take wherever they be. They can also gain hands-on experiences by trading through the platform, however they’ll realize that the process is a high-stakes game that shouldn’t be taken as an amusing pastime.
For those traders who have had many years of experience down the line, we see Profit.ly as equally as suitable for them as it is for the newcomers. Although the novices might not be as well-equipped with managing trading however, experienced traders know how it works and the stack full of risks that it carries. Ideally, they may utilize Profit.ly’s array of features to their best advantage to improve their trading abilities. Like beginners, they can learn from the experts and experts , and use those short tips and tricks along the way.
Profit.ly’s “all-inclusive” nature does not only apply to beginners as well as semi-seasoned traders. Certified experts can also take part in the excitement! Those in the trading industry who are at similar levels to Superman or Tim Sykes can also use Profit.ly’s capabilities. Profit.ly’s capabilities to display their expertise to other traders in order to assist them in the ever-changing trading process. Timothy Sykes Trading Live
Profit.ly’s Pros and Pros and
- Profit.ly’s diverse capabilities as a “one-stop” stock trading platform enable it to provide traders everywhere with a wealth of education tools, communication, and trading tools
- You get to be taught by experts and advice from the company’s internal experts, which include video libraries that teach you how to learn and real-time trading activities
- You’re assured of transparency throughout Profit.ly with accurate analytics as well as fellow traders that are waiting to reach you out if something occurs.
- The platform’s leaderboard feature gives you a way to build your credibility as a trustworthy and authentic trader
- In addition to its primary abilities, Profit.ly also gives its users extra options to suit their preferences, such as posting trades that are not authentic by taking photographs
- Profit.ly’s variety of subscription plans and guru packages are priced at affordable rates There is truly something for every person
- Profit.ly’s abundance of products and packages offered might be too much for the majority of its customers
- Since traders can choose to open any kind of trade, there is an opportunity that some them will profit by cherry-picking the best trades to boost their rating This could be a risk that shouldn’t be overlooked.
- Profit.ly will not allow refunds as the premium customers are expected to instantly benefit from the number of services the platform has to provide
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The Final Concluding Question The Final Verdict: Is Profit.ly worth it?
If we could come up with an appropriate answer for this query, 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 Trading Live
What we mean”yes” is it is a fantastic learning tool. For those who are struggling, they may be able to find Profit.ly’s range of resources helpful as they do their best to reduce losses and be more successful than they did before. It’s not only the struggling traders that will benefit from the platform. It will be able to accommodate beginners as well as even experts in the field!
So, if you genuinely want to become more successful in trading and would like to be taught by your fellows and gurus on the way, take a look at Profit.ly. Profit.ly may be a great alternative to start.
FAQ Timothy Sykes Trading Live
How can you make use of Profit.ly to make your trades public?
Profit.ly includes an entry section for trades under the “My Trade category on the dashboard which lets you record your trades, verifiable or otherwise. There are three options:
- Connecting your account to your brokerage of choice and then importing the trades from that directly
- Manually inputting your trades with provided spaces and specifics
- Send a screen shot of your transactions
How can I tell whether the trade can be verified or not?
If you buy your trade from a reputable brokerage, there is the chance that it is verifiable. This is shown by the small blue check. If you submit the information manually or via screenshots, it will automatically be assigned as unverified.
The downside of having an unverified trade is the chance of receiving downvotes from fellow peers. A large number of downvotes could cause you to show up in the Madoff leaderboard, where people are able to identify who is fraudulent in posting trades.
Is the Profit.ly mobile app still in use?
As of this writing, Profit.ly is still available for download on the Apple App Store as well as on the Google Play store. The mobile app version is compatible with the majority of operating tablets and smartphones.
How many are on Profit.ly?
Profit.ly currently houses more than 150,000 traders and investors, since they’re not just seeking to make the most profit but also help each other develop and grow in their ability to take advantage of stock market opportunities all over the world.