With the abundance of business education services available online, it can be challenging to determine which ones are legitimate and worth investing your time and money in. Founded by well-known penny stock trader Timothy Sykes, Profitly claims to be a unique platform that fosters a transparent relationship between trading gurus and students by verifying trades in real time.
But, is this trading education service the real deal? In this article, we’ll delve into Profitable’s features, trading gurus’ profiles, subscription plans, and users’ experiences to answer the question, “Is Profitable legit?”
company background
Profitably was founded in 2011 by Timothy Sykes, a well known penny stock trader who has traded millions of dollars worth of penny stocks. He became famous after turning an initial investment of $12,415 into $7,310,865 during his time in college.
Sykes is currently listed as a trading guru on Profit.ly, which he created to provide a transparent way for traders to verify trading performance and follow their trading activity from other successful traders.
Before becoming a successful profitable businessman, Sykes suffered an injury that put an end to his then-successful tennis career. It was at this point that he decided to get serious about the business. After receiving $12,415 at his bar mitzvah, he convinced his parents to let him invest his money and start stock trading.
His early investments began in 1999, before he went to college at Tulane University to study for a Bachelor of Arts in Philosophy with a minor in business. Despite regularly skipping classes to finance his day trading endeavors, Sykes graduated in 2003 thanks to his efforts in high-risk penny stock trading that paid off. By the time he graduated, Tim was already a self-made millionaire with a net worth of $1.65 million, turning his initial investment into a fortune in just three years.
Despite his success in trading, Sykes didn’t stop there. He is a well-known author and teacher in the online trading community as well as a prominent media personality. Timothy Sykes is a respected figure in the trading industry, known for his accomplishments and willingness to share his knowledge with others.
Learn more about Profitly
Valuable Features and Cost
Profitably offers a wide range of services to help traders manage their trading effectively. These services are designed to help traders monitor their investments, assess market trends and make informed decisions based on real-time data. In addition to these features, Profitly also enables users to follow other traders and gurus, gain insight into profitable trading strategies, and access a variety of tools and resources to enhance their trading experience. Whether you are an experienced trader or just starting out, Profitly provides the tools you need to succeed in today’s fast-paced trading environment.
Offers a wide variety of tools and features to help you navigate the trading world with ease, to enhance your trading experience and stay up to date with the latest insights. With Profitly, you can connect with other traders, learn from their expertise, and gain valuable insight into the market. You can also access an exclusive community of like-minded individuals through trading chat rooms and receive real-time SMS alerts to stay on top of the latest developments.
One of Profitable’s most valuable features is its mentor services, which give traders access to real-time alerts from trading gurus like Tim Sykes. For $149.95 per month, subscribers can access daily chatroom access, a daily 5-10 stock watchlist, SMS, email and push alerts, Profitably Trade Alerts, an iPhone and Android app, a 7,000+ video lesson library, and weekly video lessons. Alternatively, traders can test the waters with Tim’s Alerts, which are available as a standalone package for $74.95 per month.
Profit has three membership levels: Novice, Trader and Pro. The Novice package costs $29.95 per month and allows traders to participate in the Profitly online community in a limited capacity. They can view other users’ stats, verify their trades, track profits, comment on boards and qualify for leaderboards. However, they cannot have a private profile, so everything they do is publicly available.
The Trader package costs $49.95 per month and allows traders to access all the Novice level features except the ability to view other traders’ statistics. Instead, they can create a personal profile, which is ideal for traders working in finance or high-level executives concerned about regulatory guidelines.
Even beginner traders can use this feature to hide their track record from the public. The Pro package costs $74.95 per month and provides full access to the platform, including access to the trading room along with all the benefits of the Novice and Trader levels combined. Plus, you’ll earn 22% off with an annual subscription.
Final Thoughts – Are the Benefits Legitimate?
Profitly is a legitimate trading education platform founded by Timothy Sykes, a well known and respected penny stock trader. The platform offers a range of valuable features that allow traders to monitor their own trades, follow other successful traders and verify profits in real time. Guru Services, which provides access to real-time alerts from trading gurus, is one of the most valuable features offered by Profitable. However, this comes at a cost with subscription plans ranging from $29.95 to $149.95 per month.
While Profitable has received positive reviews from many users, it is important to note that the success of any trading education service depends on the effort and dedication of the individual trader. Profitable is not a get-rich-quick scheme, but a platform that provides valuable resources and a community of traders to learn from. To unlock your full trading potential, you will need to take advantage of these tools.
Based on our analysis, we feel confident in saying that Profitable is worth it, especially for those interested in penny stocks. Timothy Sykes’ success and reputation in the trading industry has added credibility to the platform, and the array of features offered make it a comprehensive resource for traders at all levels. Click here to get started today.
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