Stock exchanges can be intimidating. It can be confusing to think about earning this way. It can lead to questions popping up such as ‘How do I start?’ or ‘Which investment should I choose?’ You can look at advice online, but can these sources be factual or trustworthy?
Have no fear, for this Profit.ly could be the thing you are looking for.
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.
What is Profit.ly? Dan Bilzerian Timothy Sykes
Profit.ly is a platform dedicated to connecting with financial gurus who are able to teach you the ins and outs of the stock exchange world. It offers sessions with them designed to make sure you make the most out of your investments and decisions and make them benefit you in the long run.
They are able to teach you their strategies and share their experiences that they have accumulated over the years to equip you with what you need to know and encounter. You will also be able to interact and connect with other participants.
It also offers a leaderboard mechanic where you get to see who has makes the highest rated trade during that period. The cool part is that you yourself can participate in.
The platform was founded by Tim Sykes and Michael Mosseri.
Tim’s vision was to help novice and new investors gain more insight, and avoid the same mistakes he made in his early years of investing. Michael is responsible for the program’s creation.
In terms of the legitimacy of the gurus that you will see, well this program’s got you covered. Profit.ly guarantees transparency by checking trades to verify that they are legitimate. This allows you to be sure you’re getting the best value for your money when you sign up for the program.
Profiy.ly requires a monthly subscription. You are required to pay monthly in order to continue using the program. There are three subscription options available: Pro, Trader, and Nuve.
This is the lowest membership plan. You will be able to participate in the online community and access a bunch of features.
You can check the stats and trades of other users as well as interact with them like commenting. Participation in the leaderboard challenges is also possible.
This plan has some limitations. One limitation is your ability to participate in the online community. Another limitation is the inability to make your profile anonymous, so that your activities are visible to the entire online community. Dan Bilzerian Timothy Sykes
Cost per month: $20.95
The next plan includes all of the benefits that were offered in the previous plan.
The one exception is being unable to view other trader’s stats. The tradeoff to this however is that you are now able to create a private profile.
This option is for you if you value privacy online and don’t want others to see your trade statistics.
Cost per month: $49.95
This plan is the most expensive and last of the three. However, it offers all the benefits and features.
You can now view the stats and create a private profile.
Cost per month; $74.95
You might now be wondering if there is a free plan. You are in luck, because you can use your account free of charge.
Once you signed up, you will be given the features present in the program including:
- Importing Trade
- View your account statistics
- View your ranking
- Access to community posts
You can see that the free account features are limited. It’s recommended that you upgrade to at least a novice plan to fully utilize the program.
This is a viable option even with the limitations, especially for those who are just getting started with stock exchanges.
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Subscribe to Gurus
After you have signed up, you can create an account and connect to the gurus. Subscribing to gurus usually comes with a fee in order to access their chat rooms. Not to worry, as these gurus are credible based on Profit.ly’s trade verification so you are able to see whether their trades further prove their legitimacy.
There are many gurus that you can subscribe to, but three that are worth noting are Tim Sykes, Paul Scolardi and Matthew.
The first that you will encounter is the founder himself, Tim Sykes. Once you see his figures, you’ll be astonished to find out that they set comfortably around +$4.7million.
Tim Alerts is the first tier of his package plan. You will get instant access to chatrooms as well as 5-10 stock watchlists that are updated daily.
The premium option of his package plan is Pennystock silver, which runs about $149.95. You will be able to enjoy the benefits of TIm’s Alerts and also video lessons from him.
His own reputation is more than enough to prove his legitimacy. Once his students started taking in his lessons, they have made a total $16 million altogether.
Paul Scolardi stats say that his trades yield about +3.7 million in profit. His selling point is his intuition when it comes to which stock to purchase. He makes it a point to pick up on a stock’s potential before anyone else.
Superman Alerts is his first package. By paying $149.95 per month, you will be given access to chatrooms, premarket stock watchlist.
Superman Pro, just like Tim Sykes’ Pennystock package, offers all the benefits but also includes
- Premium search reports
- Track earnings
- IPO tracker
Michael, or Triforce, is the last guru I will mention. Triforce, like the others, has a strong record that can help boost his reputation.
The first package, Triforce Trader, costs $99.95 per month. With it, you are granted:
- Chat rooms Triforce
- Daily market commentary
- Stock trades
- Future trades
- Macro plays
Triforce Premium includes the benefit of both investor indicators and active traders indicators. This package costs $197 per month.
Profit.ly should not be viewed as a quick way to get rich. This website teaches you about stock exchange and teaches you useful techniques that you can use to benefit from your trades.
If there is one point of criticism in this website, it is most definitely the price tag. Having to spend a very high price for any of the packages, and monthly at that, can be intimidating. Not to mention that when it comes to the stock exchange, there is also the factor of chance. Your success is not guaranteed. Dan Bilzerian Timothy Sykes
It may not be right for everyone. Those who choose who participate in it are/should be aware of how difficult it can be.
To those who choose to partake in it, the website can assure you that you are getting your money’s worth. The positive track record of the gurus, as well as the transparency system make its reputation that of a positive and credible one.
Looking to get into the stock trade, then Profit.ly is a great way to build your confidence in buying stock and having a great payoff. Profit.ly is a great way to learn from the pros and get those numbers today.
Frequently Asked Questions
Dan Bilzerian Timothy Sykes
Is this real?
Despite all the above, there are still doubts. Profiy.ly can however assure you that the service is legitimate and reliable.
The idea of putting a transparency system ensures that legit traders and gurus are present. Since you can see their stats you will be able assess their reputation. This will help you make a decision about which guru to learn from.
Who is this for?
Stock trading can be described as a niche community that is not well-known to the general population. The activity can be a bit of a niche. If you are someone who has an appreciation for this niche and wish to either make a name for yourself or just enjoy doing it, then this is definitely for you.
Which plan is best for me?
The three options available will vary depending on your goals and what you are looking to achieve.
If you aspire to make the most out of the website and your experience with the stock trade, then the premium will be the best choice. The issue that you may find with the novice is that you cannot have a private profile. You won’t have access to the stats of trader.
If you feel the need to have both, then premium offers all the benefits present.