The stock exchange world can be an intimidating one to cross. The idea of earning in this manner can get confusing. 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?
Don’t worry, Profit.ly might be what you need.
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.
What is Profit.ly? Fes Profitly
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. They offer sessions that will help you get the most from your investments and ensure they are beneficial for you long-term.
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.
You can also view the leaderboard to see which trades have been most highly rated during that time period. You can also participate.
The platform was founded by Tim Sykes and Michael Mosseri.
Tim’s vision for this program was to help new and novice investors gain more insight and avoid mistakes that he has made during his early years in the investing world. Michael is responsible for the program’s creation.
This program will provide you with information about the legitimacy of the gurus you’ll see. Profit.ly ensures transparency by verifying trades to see whether these are honest or not, so you can guarantee you are getting your money’s worth when hopping into the program.
Profiy.ly requires a monthly subscription. To continue using the program, you will need to pay monthly. You have the option to choose three subscription plans (Novice, Trader and Pro).
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. You are also given the opportunity of participating in the leaderboard challenges.
There are a few limitations that are present in this plan. One of them is the limited capacity of participating 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. Fes Profitly
Cost per month: $20.95
The next plan offers all the benefits found in the previous one.
The one exception is being unable to view other trader’s stats. This is however a tradeoff. You can now create a private account.
If you are someone who values online privacy or do not wish for others to see your trade stats, then this option can very well be beneficial for you.
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
Now you might be asking, is there 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. To fully use the program, it is recommended that you upgrade at least to a novice plan.
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. You will need to pay a fee to access the chat rooms of gurus. 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. You’ll be amazed to see the figures and realize that they are comfortably at +$4.7 million.
The first tier in his package plan is “Tim Alerts.” By paying $74.95, you will be given access to chatrooms and 5 to 10 stock watchlist that happen daily.
The premium option of his package plan is Pennystock silver, which runs about $149.95. You’ll be able enjoy TIm’s Alerts as well as video lessons from him.
His own reputation is more than enough to prove his legitimacy. His students began taking his lessons and have since made $16 million.
According to statistics, Paul Scolardi’s trades generate around +3.7 million in profits. His selling point is his intuition when it comes to which stock to purchase. He is quick to spot a stock’s potential and makes it his business.
His first package is the Superman alerts. You will have access to chat rooms, stock watchlist, and premarket stocks by paying $149.95 per monthly
Superman Pro, like with Tim Sykes’ Pennystock, gives you all the benefits of the previous package but also includes
- Video lessons
- Premium search reports
- Earnings tracker
- IPO tracker
The last guru to mention is Michael or Triforce. Triforce, like the others, has a strong record that can help boost his reputation.
Triforce Trader is the first package and costs $99.95 per Month. With it, you are granted:
- Triforce chatrooms
- Daily market commentary
- Stock trades
- Future trades
- Macro plays
Triforce Premium offers the benefits of Trader as well as investor indicators and active trader indicators. The cost for this package is a monthly payment of $197.
The best mindset to go about Profit.ly is to not view it as an easy get rich in a short amount of time shortcut. 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. It can be daunting to pay a high monthly fee for any package. Not to mention that when it comes to the stock exchange, there is also the factor of chance. Whether or not your progress is deemed successful is not guaranteed. Fes Profitly
Trading may not be for everyone. It can be difficult for those who decide to participate.
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.
Profit.ly is a great tool to help you get started in stock trading. It will give you confidence to buy stock and offer a high return. Profit.ly is a great way to learn from the pros and get those numbers today.
Frequently Asked Questions
Is this real?
Even with what was mentioned, you might still have doubts floating in your mind. However, Profiy.ly can assure you that this service is legit and credible.
Transparency is key to ensuring that only legitimate traders and gurus are represented. You will be able to assess their reputation since you can see their stats, which helps in your decision of which guru can you learn from the most.
Who is this for?
Stock trading can be described as a niche community that is not well-known to the general population. It can be quite niche. This is the right activity for you if you have an appreciation for the niche and want to make a name for your self or simply enjoy it.
Which plan is best for me?
The three options available will vary depending on your goals and what you are looking to achieve.
Premium is the best option if you want to get the most out the website and maximize your stock trading experience. The issue that you may find with the novice is that you cannot have a private profile. As for the trader, you won’t be able to view the stats of others.
If you feel the need to have both, then premium offers all the benefits present.