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 To Use Profit.Ly
Profit.ly is an online platform that connects you with financial experts who can teach you all about the stock exchange. They offer sessions that will help you get the most from your investments and ensure they are beneficial for you long-term.
You can learn from them their strategies and their experience over the years. This will equip you with all you need to be successful. Participants will be able interact with each other.
It also offers a leaderboard mechanic where you get to see who has makes the highest rated trade during that period. You can also participate.
Michael Mosseri and Tim Sykes founded the platform.
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 the co-founder responsible for building the program.
In terms of the legitimacy of the gurus that you will see, well this program’s got you covered. 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 is a subscription-based program. You are required to pay monthly in order to continue using the program. 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. 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 notable limitation is that you are unable to make your profile private, making your activity visible to the online community. How To Use Profit.Ly
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.
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
With this being the last and most expensive plan out of the three, this plan has all the features and benefits.
Now you are able to view the stats of other traders as well as create a private profile.
Cost per month; $74.95
Get a Free Account
You might now be wondering if there is a free plan. You are in luck, because you can use your account free of charge.
After you sign up, you’ll be able to access the following features:
- Importing Trade
- View account statistics
- Check out your ranking
- Access to community posts
As you can see, the features of a free account are limiting. It’s recommended that you upgrade to at least a novice plan to fully utilize the program.
Even with this limitation, this is definitely still a valid option, especially if you are just starting out with the stock exchange.
|Profits from tracks||x||x||x|
|Comment on trades||x||x||x|
|Join the leaderboards||x||x||x|
|Lead and follow traders||x||x||x|
|Message other traders||x||x||x|
|Sort and filter traders||x||x||x|
|Analyze personal trades||x||x||x|
|See the stats of others||x||x|
Subscribing 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.
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. 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.
Superman Alerts is his first package. You will have access to chat rooms, stock watchlist, and premarket stocks by paying $149.95 per monthly
Superman Pro, just like Tim Sykes’ Pennystock package, offers all the benefits but also includes
- Video lessons
- Premium search reports
- Earnings tracker
- IPO tracker
Michael, or Triforce, is the last guru I will mention. Just like the other two, Triforce also has a great record to boost his reputation.
The first package, Triforce Trader, costs $99.95 per month. You get the following:
- Chat rooms Triforce
- 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. This package costs $197 per month.
Profit.ly should not be viewed as a quick way to get rich. This is a website that shows you the world of stock exchange, teaches you the basics as well as useful techniques handed down by credible masters that can benefit you in your own 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. There is always the possibility of something happening. Your success is not guaranteed. How To Use Profit.Ly
It may not be right for everyone. Those who choose who participate in it are/should be aware of how difficult it can be.
The website will assure those who decide to take part that they are getting their 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. Learn from the best and create those figures today.
Most Frequently Asked Questions
How To Use Profit.Ly
Is this legit?
Even with what was mentioned, you might still have doubts floating in your mind. 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. 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. The activity can be a bit of a 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. 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.