The stock exchange world can be an intimidating one to cross. 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?
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. To get a comprehensive overview of Profit.ly, you may still want to check out our article below.
What is Profit.ly? How Much Does Tim Sykes Challenge Cost
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.
You can learn from them their strategies and their experience over the years. This will equip you with all you need to be successful. 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 the co-founder responsible for building the program.
This program will provide you with information about the legitimacy of the gurus you’ll see. 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. 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 level membership plan. You will be able to participate in the online community and access a bunch of features.
You can view the stats and trades for other users, as well as interact by 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. How Much Does Tim Sykes Challenge Cost
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.
Now you are able to view the stats of other traders as well as 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
- Check out your ranking
- Access to community posts
As you can see, the features of a free account are limiting. To fully use the program, it is recommended that you upgrade at least to a novice plan.
Even with this limitation, this is definitely still a valid option, especially if you are just starting out with the stock exchange.
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Subscribing to Gurus
Once you have subscribed, you are now able to make an account and connect with aforementioned 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 you can subscribe too, but Tim Sykes and Paul Scolardi are the most important.
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.
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.
To prove the legitimacy of his package, his own reputation is not only something to be amazed. 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. Scolardi’s selling point is his ability to spot the potential in a stock and make a decision about which stock to buy. He makes it a point to pick up on a stock’s potential before anyone else.
His first package is the Superman alerts. By paying $149.95 per month, you will be given access to chatrooms, premarket stock watchlist.
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.
The first package, Triforce Trader, costs $99.95 per month. With it, you are granted:
- Triforce chatrooms
- 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. 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. How Much Does Tim Sykes Challenge Cost
Trading may not be 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.
Most Frequently Asked Questions
How Much Does Tim Sykes Challenge Cost
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. 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?
The stock trade can be considered a community not very well known to the general public. 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. You may be frustrated that novices cannot create a 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.