The stock market can be a high-stakes game. Some days, you may have the benefit of pleasing and positive numbers. On other days, however, the opposite may happen and it could be extremely difficult to return to the point you were at your most productive. If you find yourself always in the mud it is important to recognize that relying on instinct and survival might not be enough.
If you’ve suffered occasional losses You’ll need sound advice from tried-and-tested trading experts. You’re also gonna need a significant boost from your colleagues in the market from all over the globe, which is why we’ve identified an option that can help you in your growth in the industry. This review will be taking the time to look at Profit.ly is a well-known all-in-one 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. To get a comprehensive overview of Profit.ly, you may still want to check out our article below.
Total Rating: 4.1/5 Timothy Sykes Low Float Stocks
Users Experience 4.5/5
Profit.ly can be described as an online platform for trading that enables traders of different levels to be informed, transparent, accountable, and encouraging each other by offering a wide variety of tools and features such as trade verification, chat rooms as well as an extensive library of educational material.
What exactly is Profit.ly?
Profit.ly is a trading website which serves as a training and learning platform for those who are just beginning their journey and as a hub for traders with experience to keep track of their performance using the aid of advanced analytics tools. It provides users with a vast variety of tools for communication and trade that help traders from every field of business connect with one another. It gives the gurus worthy investments within the boundaries of this platform. Think of it as the social media equivalent to Facebook and Reddit, but for traders and experts.
Profit.ly independently checks the performance of trades and posts all the data from them in the style of leaderboards. The trading platform is built on transparency and honesty: it makes sure that trades are valid and won’t tolerate inauthenticity as much as possible. It was created in the past by penny stock trade expert and investment expert Timothy Sykes, along with his colleague Michael Mosseri.
One time , during an appearance in Forbes magazine, Sykes said that Profit.ly was driven by its focus “on showing every trade, something that was never done before.” The concept, he added, served two purposes: 1) making public records for not just the gurus and students and newsletter writers, and 2) giving all users to learn from both the wins and losses for the trading industry’s benefit. Timothy Sykes Low Float Stocks
How Does It Perform?
Profit.ly utilizes a subscription model that allows stock traders to gain access to a multitude of services and features geared at achieving the success of their business. You can create an account there for free, but you’re only limited to having access to the leaderboards and monitor the activities of people who aren’t gurus. If you’re interested in investing your money to see what stocks the experts are trading in real-time it is necessary to join one of Profit.ly’s deals that we’ll discuss in the near future.
Making an account easy: create a profile with your experiences and skills, join to your brokerage account, and you have yourself an opportunity to make your way to high on the leaderboard. Profit.ly’s leaders’ board feature as we’ve mentioned earlier, is designed to give its users a glimpse of how the community of traders performs and its experts. It’s not just a way to show your worth to a large group of traders, as you are also able to use Profit.ly to purchase with a guru, and have the assurance that you’re comfortable of their knowledge and the credibility of their assertions.
If you are unsure about the idea of sharing information about your account with a brokerage, you may opt to post your trades, either verified or not, via photographs. In Profit.ly are the vast number of trading classes as well as the ability to look at stats in a trader’s profile and other methods to interact with your experts via chatrooms along with text and e-mail alerts and updates.
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Meet Tim Sykes, the founder: Tim Sykes
Timothy Sykes is a well-renowned day trading personality who is well-known for his efforts in the penny-stock market. According to Investopedia, a penny stock is a small business’s shares that trade for under $5 for each share. Penny stock trading is an opportunity for small-scale businesses to make the transition to a large marketplace as it gives them access to capital from the general public. But don’t be mistaken – it can also be an extremely risky game, as Sykes will be able to tell you because of his decades of experience.
Since his initial beginnings in his late years in the high schools, Tim Sykes has, since then, earned over $6 million of profit through his lengthy career as a trader. At the age of 25 Sykes was given greater exposure and an even wider influence over time when he was a part of the reality TV show “Wall Street Warriors.” He used the opportunity to create trading rooms and penny stock themes and educational material aimed at people who are brand new to the trading field. He also helped to establish Profit.ly as a place of transparency, and to allow the community to rise and compete against each other on the platform.
The Profit.ly Gurus
One of Profit.ly’s amazing features is the vast array of educational tools, trade alerts and other useful stuff offered by the in-house experts of the platform. Gurus are referred to experts in the field of trading who have earned substantial amounts of money from their collective years of expertise. Timothy Sykes Low Float Stocks
At its peak, Profit.ly had housed up to five gurus, all of them an expert in their field of expertise in the field of trading. Some of the prominent experts 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 as well as 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 what packaged deals each guru offers.
From Tim Sykes: Tim’s Alerts
Sykes offers an essential stock trading service with the main priority being penny stock day trading through Tim’s Alerts. At $74.95 for a month you’ll be able to see him focus on the basic stock catalysts and employ them to predict the next moves that could occur when trading.
A single purchase in Tim’s Alerts will get you access to the chatroom and the mobile application that is available to iOS and Android devices, as well as text, e-mail 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. It costs $149.95 per month, it is the perfect plan for those who are committed to the penny-stock market. Pennystocking Silver offers all the essential features found in the previous plan, including swing trading alerts as well as unlimited access to a library of more than 7,000 instructional videos, with new ones released weekly.
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From “Superman” Paul Scolardi: Superman Alerts
Scolardi who goes under the name “Superman,” is a professional in swing trading with an eye for massive stocks of the small-cap size and insanely accurate marketing forecasts. In the time since he began as a trader, Superman has amassed over $5.5 million in trading profits. Timothy Sykes Low Float Stocks
The Superman Alerts plan is an offering of essential features and trading alerts geared to those interested. For $147/month, you’ll get an access to the day-to-day stock watchlist that is premarket along with the mobile app, daily market commentary shown in real-time, and E-mail and SMS alerts.
In “Superman” Paul Scolardi: Superman Pro
At $247/month, you get additional features, as well as access to a knowledgeable base provided by Superman himself through Superman Pro. Superman Pro package. On top of the essentials included in the Alerts plan, Superman Pro gives you weekly video lessons, including the growing collection of the previous ones. Additionally you’ll also have access to premium research reports as well as an IPO or earnings monitor.
Profit.ly Plans and Costs
If you’re looking to join the trading community on the internet and leave a mark in the market, Profit.ly has the right amount of tools to get you going. Profit.ly offers three membership tiers, each designed for traders at different levels. Let’s take a look at what these three levels are and what they will cost you.
This package for novices is Profit.ly’s basic plan that is designed specifically for those who are just beginning their journey to the trading community. Once you have signed to this plan you’ll be offered a range of strong and indispensable trading tools, each of which is essential to keep your fingers on what can describe as a cutthroat procedure in its own.
Some of the features you can accomplish with Profit.ly’s Novice package is the ability to verify trades and track profits; leading, following, and even messaging other traders; and leaving feedback on today’s trades. You’re also allowed to get onto leaderboards; study your trades, sort as well as filter trades and, lastly, view other’s stats.
The Novice plan costs $29.95 per month. While it may look attractive simply because of the price, there is a downside. You aren’t able to create a personal account, making your personal information public. If you do want to get access to this feature, be watching for us to introduce to you Profit.ly’s new plan.
The Trader plan allows you to use the majority of features available in The Novice package. It is in this plan that you are able to create a private profile to share with fellow associates all your insights and information you have gained from trader’s community.
Priced at $49.95/month, Profit.ly’s Trader plan is exactly what it says caters for those looking to develop their expertise in trading. While it’s nice, there is one significant feature that is missing. In contrast to the Novice package, this one won’t be able to view the statistics of other traders this might be a drawback for some who may be looking forward to this tier. Timothy Sykes Low Float Stocks
This is by far the highest luxurious package Profit.ly could offer for seasoned traders. At $74.95 per month, and an additional 22% discount when billed annually This plan offers everything. It gives you full, unlimited access to all features of the prior plans.
You’re not only able to look at other people’s statistics, but you’re also given the chance to create a private profile. Both of these options, in addition to the advantages that you can utilize to their fullest capacity. If you’re in search of an account that will give you with everything you require as a skilled trader, maybe the Pro level is for you!
Profit.ly’s Other Services
Apart from the provided training tools and the Leaderboards Profit.ly provides a variety of additional services that it can provide. One of these is its online store, where customers can choose from a wide array of video products designed to inform and provide guidance on the nuances and pitfalls of trading. All of the products featured on this page of the website is available to be immediately purchased for personal use. These include best-selling products such as the “Trading Tickers” series from trading expert Tim Grittani, Timothy Sykes’s library of DVDs and streaming-only content on penny stocking, short stocking, and other things trading-related, clips and scenes from the Annual Pennystocking Conference, and products from other expert traders.
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The chat rooms that are integrated are as well part of Profit.ly’s array of services and features. You may be familiar with chat rooms since you can see it across social and messaging platforms, in addition to a few special websites that offer live chat support. But on Profit.ly the chat room is viewed as a hands-on space where experts and their member traders can communicate and share knowledge in real-time. Every guru has their own style in operating their chat room and in dealing with the members there. One of them may be laid back and rarely active, while another might be more interactive and online in their interactions with students. Consider chat rooms like Profit.ly’s version of a forum, in the essence.
Who is the ideal trader to Profit.ly?
Profit.ly’s variety of offerings and features caters to the wide range of stock trader types, from beginners to experienced pros. Considering the number of offers it can provide it is certain to have something for every person.
For instance, newbies can take advantage of Profit.ly’s knowledge-based information available on the platform. They will also get daily videos and chat room tips from the in-house experts as well as their members. Additionally, they can select from the products in its online store for them to take wherever they travel. You can also get hands-on experiences from trading within the platform, however they’ll be able to realize that the process is a high-stakes game that shouldn’t be treated as an opportunity to make fun of.
For traders who have decades of experience in the line, we see Profit.ly as equally as suitable to them as those who are just starting. While the newbies may not be as adept at managing trading, the pros already understand how it works and the plethora of risks that come with it. It is ideal to utilize Profit.ly’s variety of features to their full advantage to enhance their trading skills. Like novices, they can study from the gurus as well as experts, and take advantage of short tips and tricks along the way.
Profit.ly’s “all-in” approach does not only apply to beginners and semi-experienced traders. Verified experts can also join in the fun! People in the trade industry who are at the same level as Superman as well as Tim Sykes can also use Profit.ly’s capabilities. Profit.ly’s capabilities to showcase their expertise to other traders in order to navigate them through the ever-changing trading process. Timothy Sykes Low Float Stocks
Profit.ly’s Pros and Cons
- Profit.ly’s many capabilities as a ‘one-stop’ stock trading platform allows traders across the globe with an abundance of knowledge communications, trading, and communication tools
- You’ll receive excellent training and insights from its inside experts, as well as libraries of educational videos and real-time trading activities
- You’re guaranteed transparency throughout Profit.ly by using accurate data and fellow traders who are ready to reach you when something goes wrong.
- The leaderboard feature of the platform offers you the opportunity to increase your credibility as a trustworthy and authentic trader
- In addition to its primary abilities, Profit.ly also gives its customers extra options that can be tailored to their preferences, such as posting trades that are not authentic by taking photographs
- Profit.ly’s diverse range of subscription levels and guru packages are priced at reasonable prices There is truly something for all
- Profit.ly’s bountiful stream of products and packages offered might not be enough for a lot of its users
- If traders decide to open any kind of trade, there is an opportunity that some them may take advantage by cherry-picking the best trades to increase the rating This could be a problem that shouldn’t be overlooked.
- Profit.ly does not offer refunds as its premium users are expected to instantly take advantage of the numerous services that the platform can offer
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The Final Concluding Question: Is Profit.ly Valued?
If we could think of the answer, it would be an affirmative “yes”. But you need to understand that the platform should not be used as a scheme to get rich quick. The platform was not always intended to be created in this way. Instead, you should have curiosity. Timothy Sykes Low Float Stocks
What we are referring to”yes” is that it is a fantastic learning tool. People who are stuck may be able to find Profit.ly’s array of resources helpful when they try their best to reduce loss and perform better than they did before. It’s not just the poor traders that can benefit from the platform. It is able to accommodate novices and even experts!
So, if you genuinely want to become more successful in trading and would like to be taught by your peers and experts along the way, then you should look no further than Profit.ly. Profit.ly is a fantastic choice to start.
FAQ Timothy Sykes Low Float Stocks
What are the best ways to use Profit.ly to post your trades?
Profit.ly has a trade entry portion within the My Trade category on the dashboard that lets you record your trades, verifiable or not. There are three options:
- Connecting your account to your broker of choice and import trades directly from there
- Manually entering your trades into the spaces provided and details
- Send a screen shot of your transactions
How do I know if the trade is verifiable or not?
If you purchase your trade through a reliable brokerage, there’s the chance that it is verifiable. This is shown by the blue check mark. If you submit it in a manual way or by taking images, it will be assigned as unverified.
The drawback of posting an unauthenticated trade is the risk of receiving negative feedback from colleagues. If you receive too many negative votes, it could result in you appearing in the Madoff leaderboard, which is where the public can see who’s dishonest in posting trades.
Are the Profit.ly mobile application still available?
As of this writing, Profit.ly is still available to download via the Apple App Store as well as in the Google Play store. The mobile app version is compatible with most operating tablets and smartphones.
How many are on Profit.ly?
Profit.ly is currently home to over 150,000 investors and traders, because they are not just seeking to make the most profit but also help each other develop and grow in their ability to take advantage of opportunities on the stock market all over the world.