Position Sizing Timothy Sykes

profitly-review

The stock exchange world can be an intimidating one to cross. The idea of earning in this manner can get confusing. This can lead to confusion.

Have no fear, for this Profit.ly could be the thing you are looking for.

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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.

What is Profit.ly? Position Sizing Timothy Sykes

Profit.ly is a platform dedicated to connecting with financial gurus who are able to teach you the ins and outs of the stock exchange world. It offers sessions with them designed to make sure you make the most out of your investments and decisions and make them benefit you in the long run.

You can learn from them their strategies and their experience over the years. This will equip you with all you need to be successful. Participants will be able interact with each other.

It also offers a leaderboard mechanic where you get to see who has makes the highest rated trade during that period. You can also participate.

Michael Mosseri and Tim Sykes founded the platform.

Tim’s vision was to help novice and new investors gain more insight, and avoid the same mistakes he made in his early years of investing. Michael is the co-founder responsible for building the program.

In terms of the legitimacy of the gurus that you will see, well this program’s got you covered. Profit.ly guarantees transparency by checking trades to verify that they are legitimate. This allows you to be sure you’re getting the best value for your money when you sign up for the program.

Subscription/Plans

Profiy.ly is a subscription-based program. To continue using the program, you will need to pay monthly. You have the option to choose three subscription plans (Novice, Trader and Pro).

Novice

This is the lowest level membership plan. This membership plan allows you to join the online community and gain access to a lot of features.

You can view the stats and trades for other users, as well as interact by commenting. Participation in the leaderboard challenges is also possible.

There are a few limitations that are present in this plan. One limitation is your ability to participate in the online community. Another limitation is the inability to make your profile anonymous, so that your activities are visible to the entire online community. Position Sizing Timothy Sykes

Cost per month: $20.95

Trader

The next plan offers all the benefits found in the previous one.

The one exception is being unable to view other trader’s stats. The tradeoff to this however is that you are now able to create a private profile.

This option is for you if you value privacy online and don’t want others to see your trade statistics.

Cost per month: $49.95Position Sizing Timothy Sykes

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Pro

With this being the last and most expensive plan out of the three, this plan has all the features and benefits.

Now you are able to view the stats of other traders as well as create a private profile.

Cost per month; $74.95

Free Account?

You might now be wondering if there is a free plan. Well you are in luck for there is an option to just use the account for free.

After you sign up, you’ll be able to access the following features:

  • Importing Trade
  • View your account statistics
  • View your ranking
  • Access to community posts

As you can see, the features of a free account are limiting. It’s recommended that you upgrade to at least a novice plan to fully utilize the program.

Even with this limitation, this is definitely still a valid option, especially if you are just starting out with the stock exchange.

Novice Trader Pro
Verify trades x x x
Profits from tracks x x x
Comment on trades x x x
Get on leaderboards x x x
Lead and follow traders x x x
Message other traders x x x
Sort & filter traders x x x
Analyze personal trades x x x
View others’ stats x x
Private profile x x

Subscribe to Gurus

After you have signed up, you can create an account and connect to the gurus. Subscribing to gurus usually comes with a fee in order to access their chat rooms. Not to worry, as these gurus are credible based on Profit.ly’s trade verification so you are able to see whether their trades further prove their legitimacy.

There are many gurus you can subscribe too, but Tim Sykes and Paul Scolardi are the most important.

Tim Sykes

Tim Sykes, the founder of this company, is the first person you’ll meet. You’ll be amazed to see the figures and realize that they are comfortably at +$4.7 million.

Tim Alerts is the first tier of his package plan. You will get instant access to chatrooms as well as 5-10 stock watchlists that are updated daily.

trading-stocks

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Pennystock silver is the premium option in his package plan, which costs about $149.95. You’ll be able enjoy TIm’s Alerts as well as video lessons from him.

To prove the legitimacy of his package, his own reputation is not only something to be amazed. His students began taking his lessons and have since made $16 million.

Superman

Paul Scolardi stats say that his trades yield about +3.7 million in profit. His selling point is his intuition when it comes to which stock to purchase. He is quick to spot a stock’s potential and makes it his business.

Superman Alerts is his first package. You will have access to chat rooms, stock watchlist, and premarket stocks by paying $149.95 per monthly

Superman Pro, just like Tim Sykes’ Pennystock package, offers all the benefits but also includes

  • Video lessons
  • Premium search reports
  • Earnings tracker
  • IPO tracker

Triforce

The last guru to mention is Michael or Triforce. Triforce, like the others, has a strong record that can help boost his reputation.

Triforce Trader is the first package and costs $99.95 per Month. You get the following:

  • Triforce chatrooms
  • Daily market commentary
  • Stock trades
  • Future trades
  • Macro plays

Triforce Premium offers the benefits of Trader as well as investor indicators and active trader indicators. The cost for this package is a monthly payment of $197.

Overall Thoughts

The best mindset to go about Profit.ly is to not view it as an easy get rich in a short amount of time shortcut. This is a website that shows you the world of stock exchange, teaches you the basics as well as useful techniques handed down by credible masters that can benefit you in your own trades.

The price tag is the only thing that is a problem with this website. Having to spend a very high price for any of the packages, and monthly at that, can be intimidating. Not to mention that when it comes to the stock exchange, there is also the factor of chance. Whether or not your progress is deemed successful is not guaranteed. Position Sizing Timothy Sykes

It may not be right for everyone. It can be difficult for those who decide to participate.

To those who choose to partake in it, the website can assure you that you are getting your money’s worth. The positive track record of the gurus, as well as the transparency system make its reputation that of a positive and credible one.

Profit.ly is a great tool to help you get started in stock trading. It will give you confidence to buy stock and offer a high return. Profit.ly is a great way to learn from the pros and get those numbers today.

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Frequently Asked Questions 

Position Sizing Timothy Sykes

Is this real?

Even with what was mentioned, you might still have doubts floating in your mind. However, Profiy.ly can assure you that this service is legit and credible.

Transparency is key to ensuring that only legitimate traders and gurus are represented. Since you can see their stats you will be able assess their reputation. This will help you make a decision about which guru to learn from.

Who is this for?

Stock trading can be described as a niche community that is not well-known to the general population. It can be quite niche. This is the right activity for you if you have an appreciation for the niche and want to make a name for your self or simply enjoy it.

Which plan is good for me?

With the three options, if will depend on what you are looking for and what your goal is.

Premium is the best option if you want to get the most out the website and maximize your stock trading experience. You may be frustrated that novices cannot create a profile. You won’t have access to the stats of trader.

Premium offers both the advantages and the convenience of premium if you are looking for them.

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