Or what if you want to manage accounts on different platforms? In that case, Profit. You want to find out which portion of your portfolio is too risky? Which one is the best performer? Trade performance does not have to be a matter of your own enjoyment. With Profit. Sharing is the name of the game here, and helping one user may end up benefiting you as well.
You also get the benefit of sharing your losses with other users experiencing a trade loss. It is always better to share your grief with others in your life and even in your financial affairs. This is a handy resource for users looking to see whom to follow and not to follow regarding trade management and marketing. The leaderboards and your account can be filtered according to specific terms for better analysis later on.
You can easily network with any user you find interesting, widening your contacts within the industry as well as lending your own trading experience to others who may need your expertise in trading.
Send them a private message, or post on their wall for interaction with Profit. Your profile can be curated to highlight the items that you would like other traders to see. You can create a small group to help you strategize with traders. Maybe all the socializing is not for you.
This will ensure that your trades and information are private to you. As with many online services nowadays, Profit. They have a simple set-up procedure to allow you to participate using just your email and your chosen screen name. You can start to enjoy limited privileges as a Profit. These benefits include:.
Be warned, though; you may be locked out of some features that paying Profit. This accessible account option is still a great choice for traders who want to join a trading community and begin their trading journey.
Not only does it include all the features of the free account as stated above, but it also allows you to verify and track trades across the community and comment on user profiles and posts. You can also view trader stats and see their performance in particular deals or portfolios. When you divulge your work to the broader market, you may start seeing it move against you.
Founded in , the Tim Sykes Trading Program is a heavily detailed investing guide with many resources suited to beginners and more experienced traders alike. Since its inception, over 3, members have signed up and benefitted from the lessons, many of whom have gone on to earn six figures or more from the trading tips they garnered.
Since then, he has spent time running a hedge fund that he has written a book about, has set up a charitable foundation, has been on the Wall Street Warriors TV show that followed several entrepreneurs on Wall Street and had interviews with famous personalities like Larry King and Steve Harvey, as well as featuring in Forbes business magazine.
The Tim Sykes Trading Program offers four different subscription services, each targeted at different levels of expertise. These are often smaller public companies but they can still be found on major indices , for example, Genius Brands GNUS is part of the Nasdaq.
This is the most basic package available on the Tim Sykes Program as it has the fewest features and the lowest cost. The main features include:. This service is best for more experienced traders that do not need thousands of hours of tutorial videos. This Tim Sykes service is aimed at beginners that want to know how to get started, rather than more experienced traders.
For example, these cover how to read charts and how to recognise key indicators for the best stock picks. Clearly, it may take a while to get through all the videos but they are packed full of key information to help you become a successful penny stocks day trader. It is important to note that learning to trade is a process akin to learning a new language or an instrument as it requires the dedication of time and resources over a long period if you wish to hone your craft and reap the benefits.
Tim Sykes also offers an intensive program that aims to develop your trading skills over 30 days. Here are some of the different things you can access:. Timothy Sykes has released a LOT of videos. He has more than 25 DVD sets, some of which are by him, some by his most successful students like Tim Grittani. Some of the older DVDs come off as a little outdated visually, but if you can get past the early aughts fashion and video quality, the content remains relevant and solid.
There are various plans available. Yes, you have to shell out some money, but think of it this way. If by spending some money you make better decisions in trading, it could potentially SAVE you money.
The money is serious, but so is the curriculum. As part of the Challenge, you get everything from PennyStocking Silver and a ton more, like 2—3 live webinars per week, access to all archived webinars since , membership to the Tim Challenge chat room, and mentoring from some of the most successful Sykes students. For example, the chat rooms have pretty strict rules. These chat rooms will teach you a lot in and of themselves … kind of like how you learn a lot from your friends in school … you start to notice trends and the types of things people are looking at, and you begin to understand what makes traders tick.
The Challenge is also demanding. So, is it right for you? The resources you get with the programs can be incredible depending on what you make of them. Timothy Sykes is actually a huge philanthropist, running and taking part in a variety of different charities.
Timothy Sykes is many things. But a scammer? If that sounds like you, his program could potentially help you take some great steps toward achieving your goals as a trader. Check out his Trading Challenge Here. If Timothy Sykes is not your cup of tea, which is fine as his style is not for everybody, you may like the Power Gauge Report , by Marc Chaikin!
You can read my full review of it here: Power Gauge Report Review. Jenna Lofton, the founder of StockHitter. January 2, December 27, The 10 Best Copper Stocks For December 22, The Best 10 Uranium Stocks for
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