By: Jeremy Biberdorf
February 15, 2023UPDATE: We no longer recommend Timothy Sykes and his company Profit.ly
On the surface Timothy Sykes and his company Profit.ly seem fairly legit. Search for his name or his company’s name and it’s pretty much all positive reviews. Maybe he did make a lot of money day trading and maybe he does deliver solid training, but there are red flags.
The problem is that the majority of the reviews are affiliates who earn a commission to promote them. One site does have a lot of “customer” reviews but that site is notorious for companies being able to flood it with fake reviews. Sure enough most of the Timothy Sykes reviews are people who have never left any other reviews with their accounts. The wording of those reviews is very suspect. There’s even reviews from people who even say they haven’t even started using the service. Why are people like that even leaving a review? The only explanation I can think of is that it’s from a cheap paid review service. I say cheap as they’re not even making their reviews look like they’re from a legit customer. As I can’t technically prove my suspicions this is just my personal opinion but I have a lot of experience looking into customer reviews like that. Use your own judgement.
If his service is so good, why does it look like he is flooding a customer review with fake reviews? Taking that approach gives the impression that he is trying to hide something.
I did manage to find a couple very negative posts about Timothy Sykes but they are very tough to find. I have done work with a reputation management company. So I know it’s relatively easy to get a lawyer to remove certain search results. Or there are other reputation management techniques to bury any negative content.
Here are some of the negative posts:
https://www.pissedconsumer.com/profit-ly/RT-F.html
https://play.google.com/store/apps/details?id=com.tlcmedia.profitly.android&hl=en_CA&gl=US
https://apps.apple.com/us/app/profitly/id888057484
https://dirtyscam.com/report/timothy-sykes/
During the time I was promoting Timothy Sykes on my website we somehow didn’t see a single sale. I don’t know if his website’s conversion rates are extremely low or if there is dishonest reporting. With the amount and quality of the traffic I was sending, I have a very tough time believing the reporting was accurate. To me it aligns with a company that seems to be buying fake reviews. This is what led me to really dig into this company’s reviews with a critical eye.
For anyone looking for legit stock trading advice, I recommend you check out these reputable companies:
- Mindful Trader – Eric Ferguson is as honest and transparent as they come. He’s the rare person providing an investing service who truly puts people first. I’ve talked to still him numerous times and I’d recommend him and his service any day. As it’s a fairly new service the price is still very reasonable.
- Motley Fool Stock Advisor – While they won’t recommend enough stocks for an active trader you can be sure the stocks they do recommend are solid choices. They have a long history or delivering successful picks. Traders may also benefit from short term trading of their picks due to Motley Fool’s large following.
- Earn2Trade – Many investors might not know about the rapidly growing prop trading industry. There are now many companies who will help improve your trading skills and then let you trade with their own capital. You get the bulk of the profits but you do have to follow pretty strict rules which are in place to limit their risk. Earn2Trade has the reputation as providing the best trader training while still offering a very generous profit split.
We will leave the old review intact below but proceed with caution. Do thorough research if you still want to take the risk with this suspicious company.
Who is Timothy Sykes?
Tim Sykes is widely recognized for his penny stock trader and educator expertise. He operates two major websites, TimothySykes.com and Profit.ly, where he offers his “Millionaire Trader Challenge” program and shares information about the penny stock market and training materials.
Tim Sykes has a significant online presence, boasting over one million followers on Instagram. He has made multiple appearances on national TV and has been interviewed by Steve Harvey and Larry King. Tim Sykes has also been featured in The New York Times.
In addition to his trading career, he runs The Timothy Sykes Foundation, which is dedicated to constructing schools for underprivileged communities worldwide.
Regarding his trading history, Tim Sykes has a compelling story of turning $12,000 of bar mitzvah money into over five million dollars through successful penny stock trading.
You can find details of his trades and current positions online, regardless of whether they result in a profit or loss.
How The Timothy Sykes Trading Course or Program Works
The Timothy Sykes Trading Program offers four subscription services to cater to different levels of expertise in trading.
The focus of the program is on penny stocks which are stocks that trade for less than $5 per share. These stocks can be from smaller public companies.
But they can still be found on major indices like the Nasdaq, where you can find companies like Genius Brands (GNUS) and many others like AABB, Galaxy, OZSC, and DPLS on the OTCMKTS.
Tim’s Alerts
Tim’s Alerts is the basic package with the lowest cost and the fewest features. You will get a daily updated stock watchlist and access to the Profit.ly mobile app (available on Android and iPhone).
By the way, you can breeze through our Profit.ly review here.
Furthermore, you get a chatroom to discuss trading-related topics with Tim, a selected group of mentors and other students, and real-time text messages and email notifications for trades Tim makes.
The alerts are more to help you understand Tim’s trades and why they’re made rather than for you to copy him. When you receive the alert, it’s often already too late for day traders to enter the same position and make a profit.
PennyStocking Silver
PennyStocking Silver is for beginners who want to get started with trading. The program includes over 7,000 video lessons on topics like trading analysis, trading patterns, key terms, vocabulary, and how to recognize them.
You will also get weekly trading lessons and everything offered in Tim’s Alerts.
It’s important to note that learning to trade is a process, similar to learning a new language or instrument, that requires a dedication of time and resources over a long period if you want to master it and reap the benefits.
Tim’s 30-Day Bootcamp
This program is designed to help you develop your trading skills over 30 days. It covers three phases, each building upon the previous one.
- Phase 1: Understanding trading fundamentals, including finding ideal stocks using Tim’s proprietary software.
- Phase 2: Learning strategies and identifying common patterns for quick profits.
- Phase 3: Live practice session where you observe Tim’s trading processes and investment strategies.
The program includes the following:
- Daily training videos.
- A free penny stock book.
- Tim’s Pennystocking Framework video series.
Tim’s Millionaire Challenge
This VIP program offers access to everything in the Pennystocking Silver and 30-Day Bootcamp programs, plus:
- Tim’s secret trading book with his top methods
- Invitations to join Tim’s webinar sessions
- Over 200 valuable resources.
Tim also has a library of DVDs with lessons from successful traders and investors. These include the Trader and Investor Summits, where experts present their analysis and advice.
Is Timothy Sykes Penny Stocks and Courses Worth it?
When determining if Tim Sykes’ Penny Stocks and Courses are worth it, the answer largely depends on your goals and what you want to get out of the program.
Timothy Sykes’ offerings may provide valuable insights and information if you’re looking for a comprehensive trading education.
However, it’s important to remember that no program or course can guarantee success in the stock market. As with any investment, it’s crucial to research and carefully consider your options before making any decisions.
Ultimately, you’re the one to decide if Timothy Sykes’ penny stocks or courses align with your needs and if you feel confident in your ability to put the information you learn into action.
You can check out Timothy Sykes’s penny stocks or courses today and see if it fits your needs.
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