The stock market can be an extremely risky game. On certain days, you might have the benefit of pleasing and positive numbers. On other days, the opposite may happen and it can be very difficult to get back to the point you were at your best. If you are constantly stuck in the gutter You will need to recognize that relying on pure instinct and preservation may not always be enough.
If you’ve experienced losses from time to time, you’re gonna be needing reliable advice from tested and tried trading experts. You’re also gonna need an enormous boost from your trading partners from all over the globe, which is why we’ve identified a platform that can support you to improve your performance in the industry. This review will take the time to look at Profit.ly, a well-recognized 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.
Overall Rating: 4.1/5 Whats Considered Low Float Tim Sykes
Value: 4.1/5
Quality: 4.1/5
Costs: 4.1/5
The User’s Experience 4.5/5
Summary
Profit.ly can be described as an online platform for trading that permits traders of various levels to be informed responsible, transparent, and uplifting with each other by offering a wide array of tools and features like chat rooms, trade verification as well as an extensive library of educational content.
How do I define Profit.ly?
Profit.ly is a site for trading that functions as a learning and training platform for traders who are just beginning their journey as well as a place for experienced traders to track their performance through the use of cutting-edge analytics tools. Providing users with a wide variety of tools for communication and trade that help traders from all walks of life connect with one another. It also allows gurus to make worthwhile investments within the confines of this platform. Consider it the social media equivalent to Facebook and Reddit however it is geared towards professionals and traders.
Profit.ly independently verifies trade performances and publishes all data from them in the form of leaderboards. The platform’s trading model is based on honesty and transparency: it makes sure that transactions are legitimate and will not accept fake news as long as it is possible. It was founded many years ago by penny expert in stock trading and investment expert Timothy Sykes, along with fellow expert Michael Mosseri.
In an interview with Forbes magazine, Sykes stated that Profit.ly was motivated by its focus “on showing all trades, something that was never previously done.” The concept was, he said, serving two objectives: one) keeping track of public data for all traders, not just the gurus as well as newsletter authors and students and secondly) giving everyone on the platform to gain insight into both the wins and losses to the benefit of the trading industry. Whats Considered Low Float Tim Sykes
How Does It How Does It
Profit.ly utilizes a subscription model that allows stock traders to have access to a range of services and features geared towards achieving the success of their business. You may set up an account on the site for free, but you’re limited to access to the leaderboard and follow the activities of people who aren’t gurus. If you’re interested in investing your money in order to find out what stocks the experts are trading in real time You’ll need to subscribe to any 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 expertise, connect your brokerage account, and you’ll have an opportunity to make your way up to high on the leaderboard. Profit.ly’s leaderboard feature, as mentioned previously, is designed to give its users a glimpse of their performance as a trading group as well as its experts. It’s not just a way to prove value to a large group of traders, as you can also utilize Profit.ly to buy with a professional with the confidence that you are confident in their skills and the veracity of their assertions.
If you are unsure about the idea of divulging your brokerage account, you may choose to publish your trades, verified or otherwise, through pictures. Also included in Profit.ly are a variety of trading courses, the ability to view statistics on a person’s profile and other methods to communicate with your gurus in 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 delving his hands into trades in penny stocks. According to Investopedia Penny stock refers to a small company’s shares that trade for under $5 for each share. Penny stock trading can be seen as a stepping stone for small businesses to transition to a large marketplace as it allows them to access funds from the public. However, don’t get it wrong – it’s also an extremely risky game, as Sykes is sure to reveal through his many years of experience.
Beginning in his late years in the high schools, Tim Sykes has, since then, made more than $6 million in profit throughout his illustrious career as trader. At the age of 25 Tim Sykes had received more exposure and a wider impact when he was a part of the reality show “Wall Street Warriors.” Then, he took advantage of it to establish trading rooms, penny stock themes, and educational material aimed at those who are new to the trading field. He also played a role in establishing Profit.ly as a place for transparency, and for the community to lift each other up and compete with each other on the platform.
The Profit.ly Gurus
One of Profit.ly’s sweet inclusions is the wide range of educational resources, 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 made substantial amounts of money from their collective years of expertise. Whats Considered Low Float Tim Sykes
At its peak, Profit.ly had housed up to five gurus, each of them an expert in their niche in the field of trading. Some of the most famous experts included Connor Bruggermann, Nathan Michaud of Investors Underground, and Triforce, among a few others. At the time of writing, however, only two gurus remain on the platform: the founder of the penny stock market Tim Sykes and veteran smallcap swing trader Paul Scolardi, also known as Superman. When we take that into account we’ll take a look at what packaged deals each guru offers.
From Tim Sykes Tim Sykes: Tim’s Alerts
Sykes offers an essential stock trading service with the main priority being penny-priced day trading with Tim’s Alerts. Costing $74.95 for a month you’ll be able to be able to see him concentrate on the fundamental catalysts for stocks and utilize them to forecast the next move that is possible when making trades.
A standalone purchase from Tim’s Alerts will get you access to the chatroom and the mobile application that is available to iOS and Android devices, texts, emails, and push alerts; and a daily stock watchlist.
Tim Sykes: From Tim Sykes: The Pennystocking Silver Package
Pennystocking Silver is the most premium, upgraded version of the Tim’s Alerts package. Priced at $149.95 per month, it is the perfect plan for those who are invested in penny stock trading. Pennystocking Silver comes with all the standard features that were included in earlier plans including swing trading alerts as well as unlimited access to a library of more than 7,000 instructional videos and new videos released weekly.
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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 he began as a trader, Superman has amassed over $5.5 million in total trading earnings. Whats Considered Low Float Tim Sykes
The Superman Alerts plan is his offer of the most essential features and trading alerts geared toward those who may be interested. For just $147 per month, you’ll have an access to the day-to-day stock watchlist that is premarket along with the mobile app, the daily market commentary in real-time, as well as SMS and e-mail alerts.
The film “Superman” Paul Scolardi: Superman Pro
For $247 per month, you can enjoy additional features and access to the extensive knowledge base provided by Superman himself, via Superman Pro. Superman Pro package. On top of the essentials included in the Alerts plan, Superman Pro gives you weekly video lessonsthat include an ever-growing library of other previous ones. On top of that you’ll also have an access to high-quality research papers as well as an IPO and earnings tracker.
Profit.ly plans and costs
If you’re ready to join the world of online trading and make a mark on the field, Profit.ly has the right amount of resources to help you going. The platform has three membership levels that cater to traders with different levels. Let’s take a look at what these three levels are and what they will cost you.
Novice Plan
The package called Novice 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 offered a range of strong and essential trading tools, each one of them essential in keeping your fingers on what could call a ruthless process by itself.
Among the list of things you can do with Profit.ly’s Novice program is the ability to verify the results of your trades and track profit as well as leading, following and even chatting with your fellow traders; and leaving feedback on today’s trades. You can also get on leaderboards; analyze, sort, as well as filter trades; and, finally, see the statistics of other traders.
The Novice plan will cost $29.95 per month. While it may look attractive simply because of the price however, there’s a drawback. You aren’t able to create a personal profile, which makes your personal information public. If you’re looking to get an account with this option, keep an eye on us as we present to you Profit.ly’s next plan.
Trader Plan
The Trader package allows you to use many of the features of The Novice package. This plan allows that you are able to create an account that is private to share with fellow associates all your insights and intel in the trading community.
The price is $49.95/month, Profit.ly’s Trader plan is exactly what it says catering for those looking to develop their expertise in trading. As nice as it seems, there is one significant feature that is missing. In contrast to the Novice package, this one won’t be able to see the statistics of other traders that could be a disadvantage for those eager to try this new tier. Whats Considered Low Float Tim Sykes
Pro Plan
This is by far the highest premium package that Profit.ly can offer to experienced traders. It costs $74.95 monthly, with a 22% discount for annual billing the Pro plan has everything. It gives you full, unlimited access to all the features from the two previous plans combined.
You’re not only able to see other users’ stats, but you’re also given the opportunity to create your own private profile. Both of these options, on top of all the advantages that you can utilize to the fullest potential. If you’re looking for an account that will give you everything you need as a skilled trader, maybe the Pro level is the right choice for you!
Profit.ly’s Other Services
In addition to the trainer tools and Leaderboards Profit.ly provides a variety of additional services that it can offer. One of them is the online store, which allows users to choose from a wide array of video products that are designed to educate and guide you through the ins and outs of trading. The products listed on this page of the site can be purchased immediately for personal use. These include best-selling products like”Trading Tickers,” the “Trading Tickers” series by trader professional Tim Grittani, Timothy Sykes’s collection of DVDs, streaming-only content about short stocking, penny stocking, and other things trading-related, clips and scenes taken from The Annual Pennystocking Conference, and products from other expert traders.
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The integrated chat rooms are included in Profit.ly’s range of services and features. You may be familiar with the concept of the chat room as you will see it on messaging and social platforms, and also on a few specialty websites that offer live chat assistance. But in Profit.ly the chat room is viewed as a hands-on space where experts and their members can interact and share knowledge in real-time. Each guru has their style in running their chat rooms and in dealing with the members there. One might be laid back and not very often engaged, while another could be more online and communicative to their pupils. Think of the chat rooms like Profit.ly’s version of the forum, in its essence.
Who is the best Trader for Profit.ly?
Profit.ly’s variety of offerings and features cater to a large variety of stock traders, ranging from beginners to experienced pros. Given the wide range of options it has to offer, the platform surely has something for all.
Newbies, for instance, can take advantage of Profit.ly’s collection of educational materials available across the platform. They will also get daily videos and chat room advice from its in-house gurus and their members. They’ll also be able to select from the products on its store online that they can take with them wherever they travel. Additionally, they can gain practical experiences from trading within the platform, but eventually they’ll be able to realize that the process is a high stakes game that should not be viewed as an opportunity to make fun of.
For those traders who have had many years of experience down the line, we believe Profit.ly equally suited to people who are just beginning. Although the novices might not be as well-equipped with managing trading however, experienced traders know the way it functions and the risky mix that it carries. It is ideal to make use of Profit.ly’s variety of features to their best advantage to enhance their trading skills. As beginners, they are able to learn from the top experts and experts and utilize those simple tips and hints along the way.
Profit.ly’s ‘all-together’ nature does not only apply to beginners as well as semi-seasoned traders. Verified experts can also join in the fun! Trade professionals who are on the same level as Superman and Tim Sykes can also use up Profit.ly’s abilities to show off their skill to others as a way to navigate them through the ever-changing trading process. Whats Considered Low Float Tim Sykes
Profit.ly’s Pros and Cons
The Pros
- Profit.ly’s many capabilities as a “one-stop” platform for trading stocks allows traders across the globe with tons of learning, communication, and trading tools
- You will receive excellent training and insights from its internal experts, which include video libraries that teach you how to learn and real-time trading activities
- You’re assured of transparency throughout Profit.ly by using accurate data as well as fellow traders ready to call you when something goes wrong.
- The leaderboard feature on the platform gives you the opportunity to increase your credibility as a trustworthy and dependable trader
- In addition to its primary capabilities, Profit.ly also gives its users extra options to suit their needs, like posting trades that are not authentic by taking images
- Profit.ly’s wide array of packages and subscription levels are priced at a reasonable cost There is truly something for everyone
The Cons
- Profit.ly’s bountiful stream of packages and products offered may be too much for the majority of its users
- As traders may opt to make any type of trade, there is the possibility that some of them will profit by selecting the best trades in order to improve their ratings This could be a concern that should not be overlooked.
- Profit.ly does not accept refunds because its premium users are expected to instantly take advantage of the numerous features the platform is able to provide
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The Final Concluding Question The Final Verdict: Is Profit.ly worth it?
If we were able to come up with an appropriate answer for this query, it’s an affirmative “yes”. But it is important to realize that it shouldn’t be treated as a get-rich-quick scheme. It wasn’t designed to be used to achieve this goal. Instead, you need to have an open mind. Whats Considered Low Float Tim Sykes
What we mean”yes” is that it is a fantastic learning tool. For those who are struggling, they may be able to find Profit.ly’s variety of resources to be helpful in their efforts to avoid losses and perform better than they did before. Not only struggling traders that will benefit from this platform. It will be able to accommodate beginners as well as even experts in the field!
If you truly want to become a better trader and want to learn from your peers and experts along the way, then look no further – Profit.ly could be a good option to begin.
FAQ Whats Considered Low Float Tim Sykes
How do you use Profit.ly to make your trades public?
Profit.ly offers an entry section for trades under the ‘My Trade section of the dashboard which lets you post your trades, verifiable or otherwise. You may choose between three options:
- Linking your account with your brokerage of choice and importing trades directly from there
- Manually entering your trades into specified spaces and information.
- Take a photo of your trades
How do I know whether the trade is authentic or not?
If you buy your trade from a reputable brokerage, there’s an excellent likelihood that it can be verified. This is indicated with the blue check mark. If you post the information manually or via pictures, it will be classified as unverified.
The downside of having an unauthentic trade is the possibility of receiving downvotes from fellow peers. Too many downvotes may cause you to show up on the Madoff leaderboard, which is where the public can see who’s untruthful in submitting trades.
Does the Profit.ly mobile app still available?
As of this writing, Profit.ly is still available to download via the App Store for Apple and the Google Play store. The mobile version of the app is compatible with the majority of functioning tablets and smartphones.
How many people are on Profit.ly?
Profit.ly is currently home to over 150,000 investors and traders, since they’re not just seeking to make the most profit but also to help one another learn and improve in acquiring opportunities on the stock market both right and left.
