Stock trading is an exciting game with high stakes. On some days, you may be reaping the benefits of positive and satisfying numbers. On other days it could be the reverse and it could be very difficult to return to where you were at your best. If you are constantly stuck in the gutter, you will have be aware that relying solely on pure instinct and preservation might not be enough.
If you’ve experienced occasional losses and you’re likely to require reliable advice from tested and tried trading experts. You’re also gonna need an enormous boost from your trading partners from all over the globe. That’s why we’ve identified a platform that can support you in your growth in the industry. We’ll take a look at Profit.ly, a well-recognized all-in-one 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.
Total Rating: 4.1/5 What Is Timothy Sykes Trading
User Experience: 4.5/5
Profit.ly offers an internet-based trading service that allows traders of different levels to be knowledgeable, transparent, accountable, and uplifting with one another through its wide array of tools and features including trade verification, chat rooms and a rich library of educational material.
What is Profit.ly?
Profit.ly is a trading website which serves as a training and learning platform for those who are just beginning their journey and also as a platform for traders who are experienced to monitor their performance through the use of advanced analytics tools. It provides users with a vast range of resources for trade and communication, it helps traders from all walks of life connect with one another. It gives the gurus worthy investments within the boundaries of this platform. Consider it the social media equivalent like Facebook and Reddit however it is geared towards experts and traders.
Profit.ly independently validates trade performance and then publishes the information of them in the manner of leaderboards. The trading platform is built on transparency and honesty: it ensures that the transactions are legitimate and will not accept fake news as long as possible. It was established years ago by the penny stock trade expert and investment expert Timothy Sykes, along with his colleague Michael Mosseri.
One time during his interview with Forbes magazine, Sykes stated that Profit.ly was driven by its focus “on the transparency of the entire spectrum of trades, something which was never prior to.” The concept Sykes said served two objectives: one) making public records for not just the gurus, but also the newsletter writers and students, and 2) allowing everyone on the platform to be enlightened by both the wins and losses to the benefit of the trading industry. What Is Timothy Sykes Trading
How Does It How Does It
Profit.ly is a subscription-based platform which allows stock traders to benefit from a variety of tools and services that are geared at achieving success. It is possible to create an account there for free, but you’re limited to access to the leaderboard and observe the actions of non-gurus. If you’re ready to invest your money to see what stocks the experts are trading in real-time it is necessary to sign up to one of Profit.ly’s offers that we’ll discuss in the near future.
Making an account simple: Create an account that includes your personal information and knowledge, then connect your brokerage account, and you have yourself the chance to climb through the top of the leaderboard. Profit.ly’s leaderboard feature, as we’ve mentioned earlier was designed to offer its users an insight into the performance of the trading community and its gurus. You’re not just allowed to prove your worth to a group of traders. You can also utilize Profit.ly to purchase from a guru with the assurance that you’re comfortable of their knowledge and the legitimacy of their claims.
If you are unsure about the idea of divulging the details of your broker account you can decide to share your trades, verified or not, by taking photographs. In Profit.ly are a variety of trading classes, the ability to view the stats of a trader’s account, and more ways to connect with your gurus via chatrooms as well as email and text alerts 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 well-known for delving his hands into penny stock trading. According to Investopedia, a penny stock is a small business’s stock which trades at under $5 for each share. The penny stock market is an avenue for small-scale businesses to make the transition into a larger market because it gives them access to capital from the public. But don’t make the mistake of thinking that it can also be an extremely risky game, as Sykes will be able to tell you through his many years of expertise.
Since his initial beginnings in the latter years of High School, Tim Sykes has, since then, earned over $6 million of earnings throughout his illustrious career as a trader. At 25 years old, he had been given greater exposure and an even wider reach of influence when he was a part of the reality series “Wall Street Warriors.” Then, he took advantage of it to create trading rooms as well as penny stock themes and educational content geared toward those who are just beginning to learn about trading. He also helped to establish Profit.ly as a place for transparency and for the community to uplift and compete with each other through the platform.
The Profit.ly Gurus
One of Profit.ly’s amazing features is the vast array of education tools, trade alerts as well as other useful information provided by the platform’s in-house gurus. The gurus in question refer to the experts in trading who have made substantial profits from their collective years of expertise. What Is Timothy Sykes Trading
At its height, Profit.ly had housed up to five gurus. Each of them a professional within their particular field within the world of trading. Some of the most 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: Founder of the penny stock market 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 can offer.
From Tim Sykes Tim Sykes: Tim’s Alerts
Sykes offers basic stock trading services that focuses on penny stock day trading through Tim’s Alerts. The cost is $74.95 for a month you will observe him focus on fundamental catalysts for stocks and utilize them to anticipate the next move that is possible when making trades.
A standalone purchase of Tim’s Alerts will get you access to the chatroom as well as the mobile application that is available on iOS and Android devices, as well as texts, emails, and push alerts; and a daily stock watchlist.
Tim Sykes: From Tim Sykes: The Pennystocking Silver Package
Pennystocking Silver is the most premium, upgraded version of the Tim’s Alerts program. Priced at $149.95 for a month this is a great option for those who are involved in investing in penny stocks. Pennystocking Silver offers all the essential features found in earlier plans which includes swing trading alerts as well as unlimited access to an extensive library of more than 7,000 instructional videos and new videos released weekly.
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From “Superman” Paul Scolardi: Superman Alerts
Scolardi, who goes by the alias “Superman,” is a trader who has an eye for both massive stocks of the small-cap size and insanely accurate marketing forecasts. Through the years since the time he started trading, Superman has amassed over $5.5 million in trading earnings. What Is Timothy Sykes Trading
The Superman Alerts plan is an offering of essential features and trading alerts targeted to those interested. For $147 per month, you’ll gain access daily premarket stock watchlist as well as the mobile app, the daily market commentary in real-time, and SMS and e-mail alerts.
In “Superman” Paul Scolardi: Superman Pro
For the price of $247, you receive additional features, plus access to an extensive base of knowledge provided by Superman himself via his Superman Pro package. Alongside the standard features that are included in the Alerts plan, Superman Pro gives you weekly video lessonsthat include the growing collection of the previous ones. Additionally you’ll also have an access to high-quality research papers as well as the IPO as well as earnings tracking tool.
Profit.ly plans and costs
If you’re eager to join the world of online trading and leave your mark on the industry, Profit.ly has the right amount of resources to help you up and running. Profit.ly offers three membership levels that are designed to accommodate traders with 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 basic plan that is designed specifically for those who are just beginning their journey to the trading world. When you sign up for this plan you’ll be offered a range of strong and vital trading tools, each of which is essential to keep your fingers on what we could call a ruthless procedure in its own.
Some of the features 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 messaging your fellow traders; and giving feedback on the trades of today. You can also get onto leaderboards; study your trades, sort or filter the trades you make and lastly, look at other’s stats.
The Novice plan is $29.95 per month. Although it looks attractive for the price alone but there’s a disadvantage. You can’t create a private account, making your activities publicly available. If you’re interested in get access to this feature, be watching for us to introduce to you Profit.ly’s new plan.
The Trader Plan
The Trader package allows you to use the majority of features available in The Novice package. It is in this plan that you can set up a private profile to share with fellow associate users all your knowledge and intel in this trading group.
Priced at $49.95/month, Profit.ly’s Trader plan is exactly what it says caters to those who desire to improve their trading skills. As nice as it seems, there is one significant element that’s missing. As opposed to the prior Novice package, you won’t be able to see the statistics of other traders that might be a drawback for some who may be anticipating this level. What Is Timothy Sykes Trading
The Pro plan is the most expensive plan Profit.ly offers to experienced traders. It costs $74.95 each month and a 22% discount for billing annually the Pro plan has it all. You will have full, unrestricted access to all the options of the prior plans.
In addition, you’ll be able to view other people’s stats, but you’re also given the opportunity to create an individual profile. Both of these features, on top of all the advantages you’ll be able to use to the fullest potential. If you’re looking for an account that will give you with everything you require as a skilled trader, maybe the Pro level is ideal for you!
Profit.ly’s Other Services
In addition to the training tools and the leaderboards, Profit.ly provides a variety of other services they offer. One of these is its online store, where customers can select from a variety of video products created to guide you through the nuances and pitfalls of trading. The products listed on this page of the site can be immediately purchased for personal use. These include best-selling products such as”Trading Tickers, “Trading Tickers” series by trading professional Tim Grittani, Timothy Sykes’s library of DVDs and streaming-only content related to penny stocking, short stocking, as well as all things trading-related, clips and scenes of The Annual Pennystocking Conference, and other products by expert traders.
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Chat rooms integrated into Profit.ly are as well part of Profit.ly’s array of services and features. You’re probably familiar with the concept of chat rooms since you will see it on social and messaging platforms and also on a few specialty websites that provide live chat support. But on Profit.ly it’s seen as a real-time place where gurus and their members can interact and exchange knowledge in real-time. Each guru has their style in operating their chat room and dealing with the listed members. One might be more laid back and less engaged, while another could be more interactive and online in their interactions with 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 diverse range of products and features cater to a large variety of stock traders, ranging from novices to experienced professionals. Considering the number of offers it can provide this platform definitely has something for everyone.
Newbies, for instance, will enjoy Profit.ly’s collection of educational information available on the platform. They will also be enriched with weekly videos and chat room tips from the in-house experts and their members. Additionally, they can pick from the merchandise available in its online store that they can take with them wherever they may go. You can also get hands-on experiences by trading through the platform, but eventually 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 years of exposure down the line, we believe Profit.ly equally suited to the newcomers. Although the novices might not be as well-equipped with dealing with trading issues, the pros already understand how it works along with the risky mix that come with it. It is ideal to utilize Profit.ly’s array of features to their best advantage to enhance their skills in trading. As beginners, they are able to learn from the top experts and experts and utilize those simple tips and hints throughout the process.
Profit.ly’s “all-in” approach does not only apply to beginners or semi-experienced trader. Experts who have been verified can also participate in the fun! People in the trade industry who are at an equal level with Superman as well as Tim Sykes can also use the power of Profit.ly’s abilities to show off their skill to others as a way to assist them in the ever-changing trading process. What Is Timothy Sykes Trading
Profit.ly’s Pros and Cons
- Profit.ly’s diverse capabilities as a “one-stop’ stock trading platform allows traders across the globe with a wealth of education communications, trading, and communication tools
- You get to receive excellent training and insights from its in-house gurus, including video libraries that teach you how to learn and real-time trading activities
- You’re guaranteed transparency throughout Profit.ly by using accurate data as well as fellow traders that are waiting to reach you out whenever something happens
- The platform’s leaderboard feature gives you a way to build your credibility as a trustworthy and verifiable trader
- Apart from its core abilities, Profit.ly also gives its users extra options to suit their individual preferences, for instance, posting unverifiable trades through photographs
- Profit.ly’s diverse range of subscription plans and guru packages are priced at affordable rates There’s something for everyone
- Profit.ly’s abundance of products and packages offered might be too much for most of its users
- If traders decide to open any kind of trade, there is a possibility that some of them will profit by selecting the best trades in order to increase the rating this could be a concern that should not be overlooked.
- Profit.ly does not accept 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 Concluding Question The Final Verdict: Is Profit.ly Valued?
If we could come up with an appropriate answer for this query, it would be a ‘yes’. But you need to understand that it shouldn’t be treated as a quick-fix scheme to make money. The platform was not always meant to be designed in this way. Instead, you should have an open mind. What Is Timothy Sykes Trading
What we do mean by ‘yes’ is that it can be a great learning tool. Those who may be stuck might find Profit.ly’s variety of resources to be helpful in their efforts to avoid loss and perform better than before. Not only struggling traders that will benefit from this platform. It is able to accommodate novices and even experts!
If you really desire to be better at trading and wish to learn from your mentors and peers throughout the process, then take a look at Profit.ly. Profit.ly may be a great option to begin.
FAQ What Is Timothy Sykes Trading
How can you make use of Profit.ly to post your trades?
Profit.ly offers a trade entry portion in the ‘My Trade section of the dashboard. It lets you post your trades, verifiable or otherwise. There are three options:
- Connecting your account to your broker of choice and import the trades from that directly
- Manually entering your trades using the spaces provided and details
- Send a screen shot of your transactions
What can I do to determine whether the trade can be verified or not?
If you import your trade from a reputable brokerage, there’s the likelihood that it can be verified. This is evident by the small blue check. If you upload it in a manual way or by taking pictures, it will be assigned as unverified.
The drawback of posting an unauthenticated trade is the chance of receiving negative feedback from colleagues. A large number of downvotes could cause you to be listed in the Madoff leaderboard, where people are able to identify who is fraudulent in posting trades.
Does the Profit.ly mobile app still in use?
As of the moment, Profit.ly is still available for download on the Apple App Store and the Google Play store. The mobile app version works with all operating tablets and smartphones.
How many people are currently connected to Profit.ly?
Profit.ly currently houses over 150,000 traders and investors, because they are not just trying to maximize profits but also help each other develop and grow in their ability to take advantage of opportunities on the stock market left and right.