Tim Sykes 12 Dvd Course

profitly-review

Trading and investing have got to be one of the consistently hottest topics around personal financial management. The allure of making deals and capturing profits based on sound fundamental analysis and technical understanding (and maybe a bit of luck) has regularly caught the eye of would-be traders looking to up their income.

You have many options for financial strategies and products, making managing your position more difficult. This can make it more difficult to manage your performance and keep up with the rapid market changes.

Profit.ly is an online platform that aims to reduce the disparities in skill between professional and amateur traders. It opens communication channels between them and creates an open community for sharing information on the best and worst trades on the markets.

This article will discuss the systems that make up the Profit.ly platform, their “Guru” system, the pricing behind their services, and our overall impression of how Profit.ly does as a trading resource.

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Before you go on, you may want to check out this video by Mr. Longevity on YouTube that gives a quick review. After, you will want to read the rest of the article for a more comprehensive review of Profit.ly.

Profit.ly Features Tim Sykes 12 Dvd Course

Trading can be difficult. This is something that both professionals and novices have learned throughout their careers. But it doesn’t mean that you can’t get help from your fellow man. Profit.ly provides the platform for traders to freely share their information on viable trades and possible price movements without fear of losing their anonymity.

Profit.ly can be looked at as a new way to have a socially trading environment, complete with mentors, groups, and leaderboards to see who is leading in terms of deals and their strategy. Take the sociability of Facebook and insert the competitive nature of your favorite arcade game; you then have Profit.ly.

Profit.ly is not just a forum for traders to discuss their strategies. Profit.ly membership packages include their performance trackers so that you can adequately monitor your deals and how each new sale may affect your portfolio as a whole. Most trades on the platform focus on short-term swings or intra-day trading, which can create jitters for some, but it is where you can find the action happening. Profit.ly allows you to manage your data and show you how your deals are performing in real time.

Tim Sykes 12 Dvd Course

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Trading Analytics

The Profit.ly platform can provide you analytics into several critical factors in your daily trading regiment, such as:

  • Total Running Net Profit
  • Gross profit
  • Trade Volume
  • Gain/Loss Percentages
  • Average Gains/losses
  • and much more.

Some of these tools may already be part of your standard brokerage account suite. However, suppose you’re running several brokerage accounts or want to manage several accounts on different platforms. In that case, Profit.ly can provide a singular source to collate and view your overall performance on a macro-level. You want to find out which portion of your portfolio is too risky? Which is the best performer of your portfolio? Profit.ly’s deal tracker is the perfect trading companion to have with you.

Trade Leaderboard and Deal Verification

Trade performance does not have to be a matter of your own enjoyment. The trade leaderboards bring joy to the otherwise difficult task of monitoring and maintaining your portfolio’s performance.

Profit.ly allows you to view the top performing dealers who have shared their deal metrics and can even see the trading strategies they use in their shared posts. If you happen to be the top dealer, you can also share any materials and links to deal tactics that you might’ve found helpful in your career. Helping one person may be a way to benefit you in the future. Sharing is the key here.

Also, you can share your losses with other traders who have suffered a loss. It is always better to share your grief with others in your life and even in your financial affairs.

Profit.ly has an automated authentication system that allows you to sync your brokerage accounts with Profit.ly. The platform even has a (funny) demerit system called “Maddoff-ed,” after the late Bernie Maddoff and his infamous Ponzi-hedge fund. Users can freely designate any other user who fails to authenticate their deals with a “Madoff” tag. Ironically, there’s even a “leaderboard” of Madoff-related users.

This leaderboard and more positive leaderboards consisting of the highest-earning users are available to members of the Profit.ly platform. This is a handy resource for users looking to see whom to follow (and not to follow) regarding trade management and marketing. You can filter the leaderboards and your account based on specific terms to gain a better understanding of your account.

Keep Up with Other Traders

It’s easy to network with anyone you like, expanding your industry contacts and lending your trading expertise to others. Send them a private message, or post on their wall for interaction with Profit.ly’s traders community.

Profit.ly allows you to follow the trades of other traders in real time. You can track as many traders as you want and create a curated feed of your favorite traders, so you never miss out on a good deal.

You can curate your profile to feature the items you want other traders to see as well. You can create a small group to help you strategize with traders.

Maybe all the socializing is not for you. While other traders can help you develop new trading strategies and offer advice, it may not be your speed. Not to worry, Profit.ly comes with tools and options to fully privatize your profile so that you can keep your information and your trades viewable to you and you alone.

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Profit.ly Package Pricing

As with many online services nowadays, Profit.ly has both a free plan and tiered paid plans that you can subscribe to, each tier conferring different benefits at subsequently higher prices.

Get a Free Account

First off, know that you don’t need to pay a single cent to join Profit.ly’s social trading platform. You can join Profit.ly’s social trading platform by using your email address and screen name. Confirm your email through the registration email they send, and you can begin to enjoy some (limited) privileges as a member of the Profit.ly community. These benefits include:

  • Importing trades from a brokerage accounts
  • View Account Data and Reportage
  • Check out your rank in the Leaderboards
  • View the blog and other community posts

You should be aware that you might not have access to certain features paid Profit.ly users enjoy.

Still, this accessible account option is excellent for those looking to get into a community of traders and start their trading journey.

Novice Package

If you feel like upgrading, you can then move on to their Novice Package, which comes at a manageable $29.95 per month in subscription fees. It includes all of the features mentioned above and allows you to verify, track and report trades within the community. You can also comment on posts and user profiles. Profit.ly allows you to follow other traders and communicate more effectively with them using the full chat suite. You can also view trader stats and see their performance in particular deals or portfolios.

Trader Package

If you’re serious about trading, you may know that an essential aspect of any good trade is keeping certain positions confidential. If you expose your work to the wider market, it could lead to it moving against you. Have a significant enough position to be publicly exposed and expect to see a cascade of losses against you.

You can create a private profile with the Trader package for $49.95 per month. This may be a sign to the community that you are an experienced trader who keeps their cards close to your chest. You can keep your trades and subsequent losses private.

Naturally, the Trader package comes with all the features mentioned in the Free and Novice packages, with one key exception: the ability to view other stats. To keep trader profiles hidden from other users, the trader package does not allow them to see any trader’s versions.

Pro Package

There will be those who look at the three previous packages and wonder whether there is a more comprehensive model that gives you full control over the site’s advanced features.

Profit.ly’s Pro package is the name of this model. It costs $74.95 per month. However, there is a 22% discount for those who pay in bulk for an annual subscription plan.

The Pro Package is a combination of all the features in the Novice or Trader packages. You can view user statistics and have privacy at the times you need it.

This package is reserved for those most serious about getting the most out of the Profit.ly platform, so expect many of these users to be seasoned traders or users with deep enough pockets to afford the plan on a subscription basis.

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Guru System

The Guru System is a unique part of the ecosystem that makes up the Profit.ly platform. Profit.ly is a social trading platform that focuses on the market, but it also offers a resource center where traders can learn about tips and tricks to improve their performance in the markets.

There are many resources that will teach you how trades work (which can also be found on Profit.ly), but the Guru System is more practical and allows you to learn directly from traders who have been in the business for a while, such as Profit.ly founder Tim Sykes.

The Guru system is a separate subscription from the membership packages we’ve outlined above, as it gives you direct access to curated real-world tips on where the market is and how to make the most use out of current trends. The Guru’s available change with time, so currently, you have two available experts you can subscribe to, Tim Sykes or Paul Scolardi.

Guru 1: Tim Sykes

Tim Sykes is probably the most recognizable name on the page as he has made a name for himself by being one of the most profitable traders in the penny stock markets. According to data listed on the site, his students have collectively made $16 million through trades he mentored. Tim Sykes 12 Dvd Course

Tim offers his mentoring in two distinct packages: Tim’s Alerts and Pennystocking Silver. Tim’s Alerts gives you access to his chat room, where you can communicate with him and his students. You also have the option to add up to 10 stocks to your curated watchlist. You can opt-in to receive push notifications and SMS via your smartphone. These notifications will alert you about any important trades that you are watching. This plan is $74.95/month, and it’s a separate subscription to the Profit.ly-tiered membership packages. Tim Sykes 12 Dvd Course

The more aggressive mentoring program Pennystocking silver is available for $149.95 per month. This Guru package includes all the features you see in Tim’s Alerts but contains his archive of roughly 7000+ video lessons on trading as well as weekly video updates.

Both packages can be subscribed to on a month-to-month basis, but you do get to enjoy a discount if you subscribe annually (around 20%). Tim Sykes 12 Dvd Course

Guru 2: Paul Scolardi aka Superman

You can expect great things from Superman and other nicknames that will help you trade better and understand the market. Paul Scolardi is a veteran small-cap swing trader who proudly wears the name. He specializes in finding explosive potential using market signals and is able to profit big from incoming swings. That’s a “Superman” power in terms of market understanding if there ever was such a thing.

Like Tim, Paul has two options available for subscription: Superman Alerts and Superman Pro. Superman Alerts works in the same way as Tim Sykes’ alerts package, but costs $147 per month. Superman Pro is similar to the Tim Sykes package, but it gives you access to Paul’s entire video library and research reports. It also includes a handy IPO tracker that allows you to play the IPO-pops associated with new listings. The Pro package costs $247 per month. Tim Sykes 12 Dvd Course

Overall Impressions

Profit.ly may not be the next Facebook, but that may work in its favor as it focuses on a niche profession and allows its users to put their minds towards their trading and the community around it. The site is simple to use, and you can check out the blog tab for similar topics submitted by users. Tim Sykes 12 Dvd Course

This is not a platform that guarantees “get rich quick”, but rather a social platform for traders to learn from one another and better understand the ever-changing financial markets. Try it out with their free plan, and if you like the platform, you can easily subscribe to some of the lower-tier intends to see what more you can do with the platform. You need to be realistic about what the platform can do financially. However, you might learn some things along the way to becoming an even better trader.

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Most Frequently Asked Questions Tim Sykes 12 Dvd Course

Does Profit.ly cost money?

Profit.ly offers several membership options. One is a free account, while most require a paid subscription. While you can get plenty done using a free account, most of Profit.ly’s more robust systems can only be accessed through their paid subscription packages.

How do I open a Profit.ly Account?

Profit.ly accounts can be opened in seconds. You don’t have to pay anything and you can start building your profile right away. All you need to do is set up your account like any other social media platform and confirm the legitimacy of your email by verifying it through a registration email they will send you.

Profit.ly’s paid subscriptions require you to have a valid payment option and complete their secure online order form.

How Do I Cancel My Subscription?

The accounts management page allows you to cancel your subscription at any moment and for any reason. Click your profile image at the top right corner of the screen and click settings. In the settings tab, you can see an option to manage your current subscriptions. Click the subscription you want to change and click cancel.

Support@profit.ly can be reached at 205-851-0506 if you have other questions. You can also use Profit.ly’s support tab to submit a simple-to-fill out web form or click the button tab on any page.

Who is Tim Sykes, you ask?

The man behind Profit.ly, Tim Sykes, has been a somewhat controversial figure in trading due to his focus on penny stocks, his aggressive marketing style, as well as his brash persona. But his deals are legitimate, and his type of trading has profited him now and then.

He has had his share of losses, just like any trader. However, Tim Sykes is open to learning from these losses and sharing his knowledge with Profit.ly.

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