The stock market can be an extremely risky game. Some days, you could enjoy the benefits of pleasing and positive numbers. On other days, however, the opposite may happen and it can be extremely difficult to return to where you were at your best. If you are constantly stuck in the gutter You will need be aware that relying solely on your instincts and preserving is not always enough.
If you’ve suffered loss from time to time You’ll need reliable advice from tested and tried trading experts. Also, you’ll need a significant boost from your fellow traders from around the globe. That’s why we’ve identified an online platform that will help you in your growth within the field. We’ll take a look at Profit.ly is a well-known 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. To get a comprehensive overview of Profit.ly, you may still want to check out our article below.
Overall Rating: 4.1/5 Garsee Trader Profitly
Value: 4.1/5
Quality: 4.1/5
Costs: 4.1/5
User Experience: 4.5/5
Summary
Profit.ly is an online trading platform that permits traders of various levels to be informed, transparent, accountable, and to build relationships with each other through its broad range of features and tools including trade verification, chat rooms and a rich library of educational content.
How do I define Profit.ly?
Profit.ly is a trading site which serves as a learning and training platform for those who are just beginning their journey and as a hub for traders with experience to keep track of their performance through the use of sophisticated analytics tools. It provides users with a vast range of resources to facilitate trade and communication, it helps traders from all walks of life connect with one another. It gives the gurus an opportunity to invest in the right areas of the platform. Imagine it as an online social media platform similar to Facebook and Reddit, but for professionals and traders.
Profit.ly independently validates trade performance and then publishes the information of them in the manner of leaderboards. The platform for trading is built on transparency and honesty: it makes sure that trades are valid and won’t accept fake news as long as it is possible. It was established in the past by penny expert in stock trading and investment guru Timothy Sykes, along with the other expert Michael Mosseri.
One time , during an interview for Forbes publication, Sykes declared that Profit.ly was motivated by its focus “on showing all trades, something that has never been previously done.” The concept, he added, served two goals: 1.) creating public track records for everyone, not just the experts, but also the newsletter writers and students as well as) allowing all users to gain insight into the losses and wins to the benefit of the trading industry. Garsee Trader Profitly
How Does It Perform?
Profit.ly utilizes a subscription model that lets stock traders benefit from a variety of features and services aimed toward achievement. It is possible to create an account there at no cost, however you’re limited to the ability to navigate through the leaderboards and monitor the actions of non-gurus. If you’re ready to invest your money and see what stocks the experts are trading in real-time You’ll need to subscribe to any of Profit.ly’s deals, which we will go over shortly.
The process of opening an account is easy: create a profile with your experiences and expertise, connect to your brokerage account and you’ll be given an opportunity to make your way up to high on the leaderboard. Profit.ly’s leaderboard feature, as we’ve mentioned earlier, is designed to give its users a look at how the community of traders performs as well as its gurus. You’re not just allowed to show that you’re worthy to the large group of traders, but you can also use Profit.ly to purchase with a guru, and have the assurance that you’re comfortable in their skills and the veracity of their claims.
If you feel uneasy with the idea of sharing the details of your broker account you can opt to post your trades, either verified or otherwise, through photographs. In Profit.ly are a variety of courses in trading, the ability to view stats in a trader’s profile as well as other ways to connect with your gurus via chatrooms as well as email and text alerts as well as updates.
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Meet the Founder: Tim Sykes
Timothy Sykes is a well-renowned day trading guru who is famously known for his efforts in trades in penny stocks. According to Investopedia Penny stock is a small business’s stock that trades for just less than 5 cents per share. The penny stock market can be seen as an avenue for small-scale businesses to make the transition into a larger market because it gives them access to funds from the public. However, don’t get it wrong – it can also be an extremely risky activity, as Sykes can surely tell through his many years of expertise.
From his beginnings in his late years in High School, Tim Sykes has, since then, earned more than $6 million in profit through his lengthy career as trader. At the age of 25 Tim Sykes had received greater exposure and a larger reach of influence as a participant in the reality series “Wall Street Warriors.” He made use of the show to create trading rooms and penny stock themes and educational content geared toward those who are just beginning to learn about trading. He also played a role in establishing Profit.ly as a place for transparency, and to allow the community to rise and compete against each other through the platform.
The Profit.ly Gurus
One of Profit.ly’s most appealing features is the variety of learning sources, trade alerts and other useful stuff offered by the platform’s in-house gurus. These gurus refer to the experts in trading who have made substantial profits from their collective years of experience. Garsee Trader Profitly
At its peak, Profit.ly had housed up to five gurus, each of them a pro within their particular field in the trading industry. Some of the most prominent experts included Connor Bruggermann, Nathan Michaud of Investors Underground, and Triforce as well as a handful of others. As of this writing, there are only two gurus who remain on the 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 packages each guru can offer.
From Tim Sykes: Tim’s Alerts
Sykes offers a basic stock trading service which focuses on penny-stock day trading via Tim’s Alerts. Costing $74.95 per month, you’ll be able to see him focus on the basic stock catalysts and employ them to predict the next possible moves in making trades.
A standalone purchase in Tim’s Alerts will get you access to the chatroom and the mobile app that’s available for iOS as well as Android devices; email, text, and push alerts; as well as a daily watchlist of stocks.
from Tim Sykes: The Pennystocking Silver Package
Pennystocking Silver is the most premium version, with an upgraded version of Tim’s Alerts program. It costs $149.95 for a month this is an ideal plan for those who are more invested in penny stock trading. Pennystocking Silver includes all the basic features that were included in the previous plan, which includes alerts for swing trading and access to a rich library of over 7,000 educational videos, with new ones released every week.
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From “Superman” Paul Scolardi: Superman Alerts
Scolardi, who goes by the alias “Superman,” is a swing trading professional with an eye for tiny-cap massive stocks as well as wildly accurate marketing forecasts. Since when he first started trading, Superman has amassed over $5.5 million in total trading profits. Garsee Trader Profitly
The Superman Alerts plan is an offer of the most essential features and alerts on trading geared to those interested. For $147/month, you’ll get access daily stock watchlist that is premarket as well as the mobile app, daily market updates in real-time, as well as SMS and e-mail alerts.
The film “Superman” Paul Scolardi: Superman Pro
For the price of $247, you receive additional features, as well as access to a knowledgeable base of information provided by Superman himself, via the Superman Pro package. On top of the essentials featured in the Alerts plan, Superman Pro gives you weekly video lessonsthat include the growing collection of the previous ones. On top of that, you’ll also get the ability to access premium reports on research as well as the IPO and earnings tracker.
Profit.ly Programs and Costs
If you’re eager to join the online trading community and leave a mark in the field, Profit.ly has the right amount of resources to get you up and running. Profit.ly offers three membership tiers, each designed for traders at different levels. Let’s take a look at what these three tiers are and how much they’ll cost you.
Novice Plan
The package called Novice is Profit.ly’s entry-level plan designed especially for those who are just beginning their journey to the trading community. As you sign to this plan you’ll be provided with a variety of powerful and vital trading tools, each one of them essential in keeping your hands on what we could call a ruthless procedure in its own.
Among the list of things you can do using Profit.ly’s Novice package is the ability to confirm trades and track profits and follow-up, leading, and even messaging other traders; and giving feedback on the trades of today. You can also get onto leaderboards; study your trades, sort as well as filter trades; and, finally, see the statistics of other traders.
The Novice plan is $29.95 per monthly payment. While it may look attractive for the price alone, there is a downside. You can’t create a private account, making your actions public. If you’re interested in gain the benefit of this service, you should keep an eye on us as we present to you Profit.ly’s new plan.
Trader Plan
The Trader package allows users to benefit from a majority of features from the Novice plan. This plan allows that you are able to create an individual profile that allows you to share with fellow associate users all your knowledge and information you have gained from trader’s community.
Priced at $49.95/month, Profit.ly’s Trader plan will do what the name implies catering to those who desire to improve their trading skills. Although it’s a nice thing, there is one significant aspect that’s not included. In contrast to the Novice package, you will not be able to see other traders’ stats this could be a disadvantage for those who are anticipating this level. Garsee Trader Profitly
Pro Plan
The Pro plan is the highest premium package that Profit.ly offers to experienced traders. It costs $74.95 monthly, with an additional 22% discount for billing annually, this tier has everything. It gives you full, unlimited access to all features from the two prior plans.
In addition, you’ll be able to look at other people’s statistics, but you’re also given the opportunity to create a private profile. These two features are plus the other advantages that you can utilize to the maximum extent. If you’re in search of an option that gives all the features you need to be a skilled trader, maybe the Pro plan is for you!
Profit.ly’s Other Services
Apart from the provided training tools and the leadersboards Profit.ly offers a number of other services they offer. One of those is its online store, where customers can pick from a range of instructional videos that are created to guide you through the nuances and pitfalls of trading. Each of the offerings listed on this page of the site can be immediately purchased for personal use. These include best-selling products such as”Trading Tickers, “Trading Tickers” series by trading professional Tim Grittani, Timothy Sykes’s collection of DVDs, streaming-only content on short stocking, penny stocking, as well as all aspects of trading. There are also clips and footage of The Annual Pennystocking Conference, and other products by expert traders.
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The integrated chat rooms are also part of Profit.ly’s variety of features and services. You’re probably familiar with chat rooms since you will see it on social and messaging platforms, and also on a few specialty websites that offer live chat assistance. But on Profit.ly it’s seen as a place where gurus and their member traders can communicate and learn in real time. Every guru has their own style in running their chat rooms and dealing with the listed members there. Some may be a laid-back person who is rarely active, while another may be more online and communicative to their pupils. Consider chatrooms as Profit.ly’s version of the forum in the essence.
Who is the Ideal Trader for Profit.ly?
Profit.ly’s variety of offerings and features cater to an array of stock traders, from novices to the most experienced. Given the wide range of options it has to offer it is certain to have something for all.
For instance, newbies can take advantage of Profit.ly’s knowledge-based content offered throughout the platform. Not only will they be provided with videos every week and chat room advice by its internal gurus as well as their members. They’ll also be able choose from the items from its online store to carry with them wherever they may go. Additionally, they can gain practical experiences from trading within the platform, however, they will soon learn that trading is a high stakes game that shouldn’t be treated as an amusing pastime.
For traders who have many years of experience down the line, we believe Profit.ly as equally as suitable for them as it is for people who are just beginning. While novice traders may not be as well-equipped with managing trading but the experts already know the way it functions and the plethora of risks that it carries. In the ideal scenario, they can use Profit.ly’s range of features to their full advantage to enhance their trading abilities. As beginners, they are able to learn from the top experts and experts and utilize those quick tips and tidbits to help them along.
Profit.ly’s “all-inclusive” nature doesn’t just apply to newbies or semi-experienced trader. Experts who have been verified can also participate in the excitement! People in the trade industry who are at similar levels to Superman or Tim Sykes can also use the power of Profit.ly’s abilities to show off their skills to others as a way to help guide them through the ever-illustrious trading process. Garsee Trader Profitly
Profit.ly’s Pros and Pros and
The Pros
- Profit.ly’s numerous capabilities as a “one-stop’ platform for trading stocks allows traders across the globe with an abundance of knowledge communications, trading, and communication tools
- You’ll receive excellent training and advice from the company’s internal experts, which include video libraries that teach you how to learn and live trading activity.
- You’re assured of transparency throughout Profit.ly by using accurate data as well as fellow traders that are waiting to reach you out whenever something happens
- The leaderboard feature on the platform gives you the opportunity to increase your credibility as a trustworthy and authentic trader
- Apart from its main abilities, Profit.ly also gives its customers additional options to meet their needs, like posting trades that are not authentic by taking photographs
- Profit.ly’s variety of packages and subscription levels are priced at a reasonable cost There’s something for all
The Cons
- Profit.ly’s bountiful stream of packages and services offered could not be enough for the majority of its customers
- As traders may opt to make any type of trade, there is a possibility that some of them may take advantage by picking the most profitable trades to improve their ratings this could be a problem that shouldn’t be simply overlooked
- Profit.ly does not accept refunds as the premium customers are expected to instantly benefit from the many services the platform has to provide
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The Final Concluding Question is: Is Profit.ly worth it?
If we could come up with an answer to this question, it’s yes. However, you must realize that it shouldn’t be treated as a get-rich-quick scheme. The platform was not always intended to be created in this way. Instead, you should have the ability to think with an open heart. Garsee Trader Profitly
What we are referring to by ‘yes’ is that it can be a great learning tool. For those who are struggling, they may discover Profit.ly’s range of resources to be helpful as they do their best to incur lesser losses and be more successful than they did before. It’s not just the struggling traders that will benefit from this platform. It is able to accommodate novices and even experts in the field!
If you really want to become more successful in trading and would like to learn from your fellows and gurus throughout the process, then you should look no further than Profit.ly. Profit.ly could be a good option to begin.
FAQ Garsee Trader Profitly
What are the best ways to use Profit.ly to publish your trades?
Profit.ly includes the option of allowing trade entries within the ‘My Trade section of the dashboard. It lets you post your trades, verifiable or otherwise. There are three options:
- Linking your account to the brokerage of choice and importing transactions directly through there
- Manually entering your trades using specified spaces and information.
- Send a screen shot of your transactions
What can I do to determine if the trade is verifiable or not?
If you purchase your trade from a reputable brokerage, there is the chance that it is verifiable. This is indicated with the blue check mark. If you submit it manually or through pictures, it will be classified as unverified.
The disadvantage of an unverified trade is the risk of receiving negative feedback from fellow peers. Too many downvotes may cause you to show up in the Madoff leaderboard, where people can detect who’s being untruthful in submitting trades.
Does the Profit.ly mobile application still available?
At the time of writing, Profit.ly is still available to download from the App Store for Apple and on the Google Play store. The mobile version of the app works with all operating tablets and smartphones.
How many people are on Profit.ly?
Profit.ly currently houses over 150,000 traders and investors, as they not only are seeking to make the most profit but also assist each other to develop and grow in their ability to take advantage of opportunities in the stock market both right and left.
