Stock trading can be a high-stakes game. Some days, you might have the benefit of positive and satisfactory numbers. However, on other days you may experience the opposite and it could be extremely difficult to return to where you were your peak. If you find yourself always in the mud You will need to realize that relying on your instincts and preserving may not always be enough.
If you’ve experienced losses from time to time and you’re likely to require solid advice from seasoned and tested trading experts. Also, you’ll need a significant boost from your trading partners from all over the globe. That’s why we’ve found an option that can help you to improve your performance in the industry. This review will be taking the time to 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. To get a comprehensive overview of Profit.ly, you may still want to check out our article below.
Total Rating: 4.1/5 Timothy Sykes Training Course Review
User Experience: 4.5/5
Profit.ly is an online trading platform that allows traders of all levels to be knowledgeable responsible, transparent, and encouraging each other by offering a wide variety of tools and features such as chat rooms, trade verification and a rich library of educational material.
What is Profit.ly?
Profit.ly is a site for trading which serves as a learning and education platform for people who are starting out and as a hub for traders who are experienced to monitor their performance with the help of cutting-edge analytics tools. Offering users a broad variety of tools for trade and communication and letting traders from all walks of life network with each other. It gives the gurus worthwhile investments within the confines of this platform. Imagine it as a social media site akin the likes of Facebook and Reddit but with a focus on traders and experts.
Profit.ly independently checks the performance of trades and publishes all data from them in the form of leaderboards. The trading platform is built on trust and transparency. it makes sure that trades are authentic and won’t allow for fraud as much as it is possible. It was founded in the past by penny expert in stock trading and investment guru Timothy Sykes, along with his colleague Michael Mosseri.
One time during his interview for Forbes magazine, Sykes declared that Profit.ly was motivated by its focus “on showing the entire spectrum of trades, something which was never prior to.” The concept Sykes said served two goals: 1.) making public records for not just the gurus as well as newsletter writers and students and secondly) giving anyone on the platform to be enlightened by the losses and wins to the benefit of the trading industry. Timothy Sykes Training Course Review
How Does It Work?
Profit.ly utilizes a subscription model which allows stock traders to benefit from a variety of tools and services that are geared at achieving achievement. You may set up an account at no cost, however you’re limited to the ability to navigate through the leaderboard and observe the actions of non-gurus. If you’re looking to invest your money in order to find out what stocks the experts are trading in real-time it is necessary to sign up to one of Profit.ly’s offers, which we will discuss in the near future.
Making an account easy: create a profile with your experiences and skills, join to your brokerage account, and you’ll be given the chance to climb your way up to high on the leaderboard. Profit.ly’s leaderboard feature, as previously mentioned, is designed to give its users a look at their performance as a trading group and its gurus. It’s not just a way to show that you’re worthy to the community of traders, as you can also utilize Profit.ly to shop with a professional with the assurance that you’re confident with their expertise and the veracity of their claims.
If you feel uneasy with the concept of leaking the details of your broker account you can opt to post your trades, whether verified or not, by taking pictures. In Profit.ly are the vast number of trading courses and the capability to see statistics on a person’s profile as well as other ways to communicate with your gurus via chatrooms in addition to text and e-mail alerts and 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 his efforts in the penny-stock market. According to Investopedia Penny stock is a small business’s stock that trades for under $5 for each share. Penny stock trading could be viewed as an opportunity for small-scale businesses to make the transition to a large marketplace as it gives them access to funds from the general public. However, don’t get it wrong – it can also be an extremely risky activity, as Sykes is sure to reveal through his many years of experience.
Since his initial beginnings in his late years in high school, Tim Sykes has, since then, made over $6 million of profit throughout his illustrious career as trading professional. When he was 25 years old, he had been given more exposure and a wider reach of influence when he was a part of the reality show “Wall Street Warriors.” He used the opportunity to develop trading rooms as well as penny stock themes as well as educational content targeted at people who are brand new to the trading field. He also helped establish Profit.ly as a platform for openness, and to allow the community to rise and compete on the platform.
The Profit.ly Gurus
One of Profit.ly’s amazing features is the wide range of educational sources, trade alerts and other useful stuff offered by the company’s internal gurus. These gurus refer to experts in the field of trading who have made substantial profits through their years of expertise. Timothy Sykes Training Course Review
At its height, Profit.ly had housed up to five gurus, each of them an expert within their particular field within the world 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 however, only two gurus remain on this platform: the founder as well as 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 packages each guru offers.
From Tim Sykes: Tim’s Alerts
Sykes provides an essential stock trading service with the main priority being penny stock day trading through Tim’s Alerts. Costing $74.95 per month, you will be able to see him concentrate on the basic stock catalysts and employ them to forecast the next move that is possible when trading.
A purchase on its own of 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 and a daily stock watchlist.
From Tim Sykes: The Pennystocking Silver Package
Pennystocking Silver is the premium version that has been upgraded of the Tim’s Alerts package. Priced at $149.95 per month, it is an ideal plan for those who are more committed to penny stock trading. Pennystocking Silver comes with all the standard features that were included in earlier plans such as swing trading alerts and unlimited access to an extensive library of more than 7,000 instructional videos, with new ones released weekly.
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From “Superman” Paul Scolardi: Superman Alerts
Scolardi who is known under the alias “Superman,” is a trader who has an eye for both 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 earnings. Timothy Sykes Training Course Review
The Superman Alerts package 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 premarket stock watchlist and the mobile application, daily market commentary in real-time, and SMS and e-mail alerts.
From “Superman” Paul Scolardi: Superman Pro
For $247 per month, you can enjoy additional features, plus access to the extensive knowledge base provided by Superman himself through Superman Pro. Superman Pro package. In addition to the basic features that are included in the Alerts plan, Superman Pro gives you daily video lessons, which include a growing library of all the previous ones. Additionally you’ll also have the ability to access premium reports on research 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 your mark on the market, Profit.ly has the right amount of tools to get you up and running. The platform has three membership tiers, each designed for traders of different levels. Let’s take a look at what these three tiers are and how much they’ll cost you.
The package called Novice is Profit.ly’s entry-level plan designed especially for those who are just beginning their journey to the trading world. As you sign up for this package you’ll be given a slew of robust and vital trading tools, each of them integral in keeping your fingers on what we can describe as a cutthroat process by itself.
The list of features you can do with Profit.ly’s Novice package include the capability to check trades and track profits and follow-up, leading, and even messaging your fellow traders; and leaving feedback on today’s trades. It also allows you to be on leaderboards, analyze the results of your analysis, sort, and filter your trades and, finally, see other people’s statistics.
The Novice plan is $29.95 per month. While it may look attractive simply because of the price however, there’s a drawback. You can’t create a private account, making your personal information public. If you’re looking to have the benefit of this service, you should stay tuned as we introduce to you Profit.ly’s next plan.
The Trader package allows you to take advantage of many of the features of the Novice plan. In this plan, that you are able to create a private profile to share 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 catering for those looking to improve their skills in trading. While it’s nice, there is one significant aspect that’s not included. As opposed to the prior Novice package, this one won’t be able to view the statistics of other traders that could be a problem for those who are anticipating this level. Timothy Sykes Training Course Review
The Professional plan can be described as the highest luxurious package Profit.ly can offer to experienced traders. With $74.95 each month with a 22% discount when billed annually, this tier has it all. You will have full, unrestricted access to all the features of the prior plans.
In addition, you’ll be able to view other people’s stats as well, you’re also offered the option of creating a private profile. Both of these features, on top of all the benefits that you can use to their fullest capacity. If you’re in search of a plan that can serve all the features you need to be an experienced trader, the Pro plan is for you!
Profit.ly’s Other Services
Apart from the trainer tools and leadersboards Profit.ly provides a variety of additional services that it can provide. One of these is its online store, which lets users choose from a wide array of instructional videos that are that are designed to educate and help you understand the ins and outs of trading. The products listed in this section of the website can be immediately purchased for personal use. Some of these include bestsellers such as”Trading Tickers,” the “Trading Tickers” series by trader specialist Tim Grittani, Timothy Sykes’s library of DVDs and streaming-only content on short stocking, penny stocking, and all other related to trading, videos and footage from events like the Annual Pennystocking Conference, and products from other expert traders.
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The chat rooms that are integrated are included in Profit.ly’s variety of features and services. You’re probably familiar with the concept of the chat room as you can find it throughout social and messaging platforms, in addition to a few special websites that provide live chat support. But in Profit.ly, it is seen as a space where experts and their members trade and exchange knowledge in real-time. Every guru has their own way in operating their chat room and in dealing with the members there. Some may be more laid back and less active, while another might be more interactive and online with their students. Think of the chat rooms as Profit.ly’s version of a forum, in its 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 novices to the most experienced. With the variety of deals it has to offer this platform definitely has something for everyone.
Beginners, for instance, will appreciate Profit.ly’s library of learning information available on the platform. In addition, they will be enriched with weekly videos and chat room advice by its internal gurus and members. They’ll also be able choose from the items in its online store to carry with them wherever they may travel. They can also gain hands-on experiences from trading within the platform, but ultimately they’ll realize that trading is a high stakes game that shouldn’t be treated as an opportunity to make fun of.
For the traders with decades of experience in the road, we consider Profit.ly equally suited to people who are just beginning. While novice traders may not be as well-equipped with handling trading matters but the experts already know the way it functions and the risky mix that come with it. Ideally, they may utilize Profit.ly’s range of options to their maximum advantage to develop their trading skills. Like novices, they can learn from the top experts and experts , and use those simple tips and hints throughout the process.
Profit.ly’s “all-inclusive” nature isn’t limited to novices as well as semi-seasoned traders. Verified experts can also join in the fun! Those in the trading industry who are at an equal level with Superman as well as Tim Sykes can also use the power of Profit.ly’s capabilities to showcase their skill to others as a way to assist them in the ever-changing trading process. Timothy Sykes Training Course Review
Profit.ly’s Pros and Pros and
- 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’ll be provided with excellent lessons and tips from the in-house gurus, including collections of educational videos as well as trading in real-time.
- You can be sure of complete transparency through Profit.ly with precise analytics and fellow traders ready to call you when something goes wrong.
- The leaderboard feature on the platform gives you a way to build your credibility as a trustworthy and dependable trader
- Apart from its core capabilities, Profit.ly also gives its customers extra options that can be tailored to their needs, like posting unauthentic trades via screenshots
- Profit.ly’s wide array of packages and subscription levels are priced at a reasonable cost There is truly something for all
- Profit.ly’s numerous products and packages offered might be too much for the majority of its customers
- As traders may opt to make any type of trade, there is an opportunity that some them will profit by picking the most profitable trades to increase the rating – this may be a problem that shouldn’t be ignored.
- Profit.ly does not accept refunds, as its premium users are expected to instantly benefit from the number of services the platform has to provide
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The Final Verdict is: Is Profit.ly Valued?
If we were able to come up with an appropriate answer for this query, it’s an affirmative “yes”. But you need to understand that the platform should not be used as a quick-fix scheme to make money. The platform wasn’t originally intended to be created in this way. Instead, you need to have an open mind. Timothy Sykes Training Course Review
What we mean”yes” is it can be a great learning tool. People who are stuck may be able to find Profit.ly’s range of resources helpful in their efforts to reduce losses and be more successful than they did before. It’s not just the struggling traders that will benefit from this platform. It can accommodate beginners and even experts!
So, if you genuinely care about being a better trader and want to be taught by your peers and experts on the way, you should look no further than Profit.ly. Profit.ly may be a great choice to start.
FAQ Timothy Sykes Training Course Review
How do you use Profit.ly to make your trades public?
Profit.ly offers a trade entry portion under the ‘My Trade category on the dashboard which lets you post your trades that are verified or not. You may choose between three options:
- Linking your account with your brokerage of choice and then importing trades directly from there
- Manually entering your trades using provided spaces and specifics
- Take a photo of your trades
How can I tell if the trade is verifiable or not?
If you import your trade from a trusted brokerage, there’s the chance that it is verifiable. This is evident by the blue check mark. If you upload the information manually or via images, it will be assigned as unverified.
The disadvantage of an unauthenticated trade is the chance of receiving negative feedback from colleagues. Too many downvotes may cause you to be listed at the top of the Madoff leaderboard, which is where the public 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 via the App Store for Apple and on the Google Play store. The mobile version of the app is compatible with most functioning tablets and smartphones.
How many people are on Profit.ly?
Profit.ly currently houses more than 150,000 traders and investors, since they’re not just looking to earn maximum profits but also assist each other to grow and learn more about acquiring stock market opportunities left and right.