The stock market can be an extremely risky game. Some days, you may enjoy the benefits of pleasing and positive numbers. On other days, the opposite may happen and it can be very difficult to return to the point you were at your best. If you’re always in the mud it is important to recognize that relying on instinct and survival may not always be enough.
If you’ve experienced losses from time to time and you’re likely to require reliable advice from tested and tried trading experts. Additionally, you’ll require an important boost from fellow traders from around the globe, which is why we’ve found a platform that can support you to improve your performance within the field. This review will take the time to look at Profit.ly, a well-recognized one-stop social platform for trading!
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.
Total Rating: 4.1/5 Low Float Low Market Cap Stocks Timothy Sykes
Value: 4.1/5
Quality: 4.1/5
Costs: 4.1/5
The User’s Experience 4.5/5
Summary
Profit.ly offers an internet-based trading service that permits traders of various levels to be informative, transparent, accountable, and uplifting with each other through its broad range of features and tools such as chat rooms, trade verification and a rich library of educational content.
What is Profit.ly?
Profit.ly is a trading site that functions as a learning and training platform for those who are just beginning their journey and also as a platform for traders who are experienced to monitor their performance with the help of cutting-edge analytics tools. It provides users with a vast array of options for communication and trade, it helps traders from every field of business connect with one another. It gives the gurus worthwhile investments within the confines that the site. Consider it a social media site akin like Facebook and Reddit but with a focus on experts and traders.
Profit.ly independently checks the performance of trades and posts all the data from them in the style of leaderboards. The platform’s trading model is based on transparency and honesty: it ensures that the trades are valid and won’t accept fake news as long as possible. It was created years ago by the penny expert in stock trading and investment guru Timothy Sykes, along with fellow expert Michael Mosseri.
In an interview for Forbes magazine, Sykes declared that Profit.ly was motivated by its focus “on the transparency of every trade, something that has never been done before.” The concept Sykes said served two objectives: one) keeping track of public data for not just the gurus and students and newsletter writers, and 2) allowing anyone on the platform to learn from both the wins and losses to the benefit of the trading industry. Low Float Low Market Cap Stocks Timothy Sykes
How Does It Work?
Profit.ly follows a subscription-based model that allows stock traders to benefit from a variety of tools and services that are geared toward achievement. It is possible to create an account on the site for free, but you’re only limited to having the capability to browse the leaderboards and monitor the activities of non-gurus. If you’re ready to invest your money in order to find out what stocks the experts are trading in real time it is necessary to join one of Profit.ly’s offers, which we will go over shortly.
The process of opening an account is easy: create an account that includes your personal information and skills, join to your brokerage account and you’ll have an opportunity to make through at the very top of the list. Profit.ly’s leaderboard feature, as previously mentioned was designed to offer its users a glimpse of the performance of the trading community and its gurus. It’s not only a chance to prove that you’re worthy to the community of traders. You can also use Profit.ly to buy with a guru, and have the confidence that you are confident with their expertise and the veracity of their claims.
If you feel uneasy with the idea of divulging the details of your broker account you can decide to share your trades, verified or not, by taking photographs. Included in Profit.ly is the huge selection of courses in trading as well as the ability to look at stats in a trader’s profile as well as other ways to communicate with your gurus through the chatroom along with notifications via email or text as well as updates.
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Meet Tim Sykes, the founder: Tim Sykes
Timothy Sykes is a well-renowned day trader who is well-known for his efforts in penny stock trading. According to Investopedia Penny stock refers to a small company’s shares that trade for less than $5 per share. Penny stock trading can be seen as an avenue for small companies to move into a larger market because it allows them to access capital from the general public. But don’t make the mistake of thinking that it can also be an extremely risky activity, as Sykes will be able to tell you thanks to his years of experience.
Since his initial beginnings in his late years in High School, Tim Sykes has, since then, made over $6 million of earnings during his long and successful career as trading professional. When he was 25 years old Tim Sykes had received greater exposure and an even wider reach of influence as a participant in the reality series “Wall Street Warriors.” He used the opportunity to create trading rooms as well as penny stock themes as well as educational content targeted at people who are brand new to the trading field. He also helped to establish Profit.ly as a platform for transparency and to allow the community to rise and compete through the platform.
The Profit.ly Gurus
One of Profit.ly’s amazing features is the wide range of education tools, trade alerts and other helpful stuff provided by the in-house experts of the platform. The gurus in question refer to the trading experts who have made substantial amounts of money from their collective years of knowledge. Low Float Low Market Cap Stocks Timothy Sykes
At its peak, Profit.ly had housed up to five gurus. Each of them an expert within their particular field in the field of trading. Some of the most prominent gurus included Connor Bruggermann, Nathan Michaud of Investors Underground, and Triforce, among a few others. At the time of writing, there are only two gurus who remain on this platform: Founder and penny stock trader Tim Sykes and veteran smallcap swing trader Paul Scolardi, also known as Superman. In light of that we’ll take a look at the packaged offers each guru offers.
From Tim Sykes Tim Sykes
Sykes provides an essential stock trading service which focuses on penny stock day trading through Tim’s Alerts. Costing $74.95 monthly, you will observe him focus on basic stock catalysts and employ them to predict the next move that is possible when trading.
A purchase on its own from Tim’s Alerts will get you access to the chatroom and the mobile app that’s available for iOS as well as Android devices; texts, emails and push alerts; as well as a daily watchlist of stocks.
From Tim Sykes: The Pennystocking Silver Package
Pennystocking Silver is the highest-quality, upgraded version of the Tim’s Alerts program. Priced at $149.95 monthly, it is an ideal plan for investors who are invested in investing in penny stocks. Pennystocking Silver offers all the essential features that were included in the previous plan, such as swing trading alerts and unlimited access to an extensive library of more than 7,000 instructional videos and new videos released each week.
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From “Superman” Paul Scolardi: Superman Alerts
Scolardi who is known under the alias “Superman,” is a trader who has an eye for both tiny-cap massive stocks as well as wildly accurate marketing forecasts. Through the years since when he first started trading, Superman has amassed over $5.5 million in total trading profits. Low Float Low Market Cap Stocks Timothy Sykes
The Superman Alerts package is his offering of essential features and trading alerts geared to those interested. For just $147 per month, you’ll have an access to the day-to-day premarket stock watchlist and the mobile application, daily market updates in real-time, as well as SMS and e-mail alerts.
The film “Superman” Paul Scolardi: Superman Pro
At $247/month, you get additional features, as well as access to the extensive knowledge base that is provided by Superman himself through the Superman Pro package. In addition to the basic features featured in the Alerts plan, Superman Pro gives you weekly video lessons, including the growing collection of the previous ones. Additionally you’ll also have an access to high-quality research papers and an IPO or earnings monitor.
Profit.ly Programs and Costs
If you’re looking to join the trading community on the internet and make a mark on the field, Profit.ly has the right amount of resources to get you started. The platform has three membership tiers, each designed for traders at different levels. Let’s break down what these three are and how much they’ll cost you.
Novice Plan
The Novice package is Profit.ly’s entry-level plan designed especially for people who are brand new to the world of trading. As you sign up for this package, you will be immediately given a slew of robust and vital trading tools, all of which is essential to keep your fingers on what call a competitive process by itself.
Among the list of things you can do with Profit.ly’s Novice package include the ability to confirm the results of your trades and track profit; leading, following and even texting your fellow traders, as well as leaving feedback on today’s trades. You’re also allowed to get on leaderboards, analyze your trades, sort as well as filter trades and lastly, look at the statistics of other traders.
The Novice plan will cost $29.95 per month. Although it might look appealing for the price alone but there’s a disadvantage. You aren’t able to create a personal profile, which makes your activities publicly available. If you’re interested in gain access to this feature, stay tuned as we introduce to you Profit.ly’s next plan.
The Trader Plan
The Trader plan allows you to use the majority of features available in the Novice plan. In this plan, that you can set up an individual profile that allows you for sharing with fellow associate users all your knowledge and information you have gained from trader’s community.
Costing $49.95/month, Profit.ly’s Trader plan does what the name suggests caters for those looking to develop their expertise in trading. As nice as it seems, there is one significant element that’s missing. In contrast to the Novice package, you will not be able to view other traders’ statistics this could be a problem for those looking forward to this tier. Low Float Low Market Cap Stocks Timothy Sykes
Pro Plan
The Professional plan can be described as the most luxurious package Profit.ly offers to experienced traders. With $74.95 each month which includes 22% off for billing annually the Pro plan has everything. It gives you full, unlimited access to all the features of the previous plans.
In addition, you’ll be able to view other people’s stats and data, but you also have the option of creating your own private profile. Both of these options, in addition to the advantages you’ll be able to use to the maximum extent. If you’re in search of an account that will give all the features you need to be trader with experience, the Pro tier could be the right choice for you!
Profit.ly’s Other Services
Apart from the tools for training and Leaderboards Profit.ly has a few more services it has to provide. One of them is the online store, where customers can choose from a wide array of instructional videos that are created to guide you through the ins and outs of trading. The products listed in this section of the site can be purchased immediately for personal use. Some of these include bestsellers like the “Trading Tickers” series from trading professional Tim Grittani, Timothy Sykes’s collection of DVDs and streaming-only content related to short stocking, penny stocking, and other aspects of trading. There are also clips and footage from The Annual Pennystocking Conference, and other products by expert traders.
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The integrated chat rooms are included in Profit.ly’s array of features and services. You are probably familiar with the concept of chat rooms since you will see it on messaging and social platforms, and also on a few specialty websites that provide live chat assistance. However, in Profit.ly it’s seen as a space where experts and their member traders can communicate and learn in real time. Every guru has their own style when it comes to running their chat room and dealing with the listed members. One might be laid back and not very often active, while another may be more active and in touch with their students. Consider chat rooms like Profit.ly’s version of the forum, in the essence.
Who is the Ideal trader to Profit.ly?
Profit.ly’s diverse range of products and features are geared towards the wide range of stock trader types, from novices to the most experienced. With the variety of deals it offers, the platform surely has something for all.
Newbies, for instance, will enjoy Profit.ly’s collection of educational information available on the platform. They will also get daily videos and chat room advice by its internal gurus as well as their members. Additionally, they can select from the products in its online store that they can take with them wherever they go. They can also gain hands-on experience trading on the platform, however they’ll realize that this is a high stakes game that shouldn’t be taken as a joke.
For traders who have decades of experience in the line, we see Profit.ly equally suited to people who are just beginning. While novice traders may not be as adept at dealing with trading issues however, experienced traders know how it works along with the plethora of risks that come with it. It is ideal to make use of Profit.ly’s array of features to their full advantage to improve their skills in trading. As beginners, they are able to learn from the experts as well as experts, and take advantage of quick tips and tidbits throughout the process.
Profit.ly’s “all-inclusive” nature doesn’t just apply to newbies and semi-experienced traders. Experts who have been verified can also participate in the fun! Trade professionals who are on the same level as Superman and Tim Sykes can also use up Profit.ly’s capabilities to showcase their skill to others as a way to guide them through the ever-illustrious trading process. Low Float Low Market Cap Stocks Timothy Sykes
Profit.ly’s Pros and Cons
The Pros
- Profit.ly’s many capabilities as a “one-stop” stock trading platform enable traders across the globe with an abundance of knowledge communications, trading, and communication tools
- You will be taught by experts and advice from the company’s inside experts, as well as collections of educational videos as well as trading in real-time.
- You’re assured of transparency throughout Profit.ly by using accurate data and fellow traders who are ready to reach you when something goes wrong.
- The leaderboard feature on the platform gives you the chance to establish your credibility as a trustworthy and authentic trader
- Apart from its core capabilities, Profit.ly also gives its customers additional options to meet their preferences, such as posting trades that are not authentic by taking photographs
- Profit.ly’s variety of subscription plans and guru packages are priced at reasonable prices – there truly is something for everyone
The Cons
- Profit.ly’s abundance of packages and products offered may not be enough for the majority of its users
- As traders may opt to open any kind of trade, there is a possibility that some of them could profit from cherry-picking the best trades to boost their rating This could be a concern that should not be simply overlooked
- Profit.ly does not offer refunds because the premium customers are expected to instantly take advantage of the numerous services the platform has to offer
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The Final Concluding Question: Is Profit.ly Valued?
If we were able to come up with an appropriate answer for this query, it’s a ‘yes’. But it is important to realize that the platform should not be used as a scheme to get rich quick. The platform was not always intended to be created for this reason. Instead, you should have an open mind. Low Float Low Market Cap Stocks Timothy Sykes
What we do mean”yes” is that it can be a great learning tool. Those who may be stuck may be able to find Profit.ly’s variety of resources to be helpful in their efforts to reduce losses and perform better than they did before. It’s not just the struggling traders who will benefit from this platform. It will be able to accommodate beginners as well as even experts in the field!
So, if you genuinely want to become more successful in trading and would like to be taught by your fellows and gurus on the way, take a look at Profit.ly. Profit.ly may be a great choice to start.
FAQ Low Float Low Market Cap Stocks Timothy Sykes
What are the best ways to use Profit.ly to post your trades?
Profit.ly includes a trade entry portion within the My Trade section of the dashboard which allows you to post your trades, verifiable or not. You may choose between three choices:
- Connecting your account to your brokerage of choice and importing the trades from that directly
- Manually inputting your trades with provided spaces and specifics
- Upload a screenshot of your transactions
How can I tell whether the trade can be verified or not?
If you import your trade through a reliable brokerage, there’s the likelihood that it can be verified. This is indicated with the blue check mark. If you upload it in a manual way or by taking screenshots, it will automatically be classified as unverified.
The disadvantage of an unauthenticated trade is the chance of receiving downvotes from colleagues. Too many downvotes may cause you to be listed on the Madoff leaderboard, which is where the public can see who’s untruthful in submitting trades.
Is the Profit.ly mobile app still available?
At the time of writing, Profit.ly is still available to download from the Apple App Store as well as in the Google Play store. The mobile version of the app is compatible with most functioning tablets and smartphones.
How many people are currently using Profit.ly?
Profit.ly currently houses more than 150,000 investors and traders as they not only are seeking to make the most profit but also to help one another develop and grow in their ability to take advantage of opportunities in the stock market both right and left.
