Stock exchanges can be intimidating. 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?
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. Do check out our article below, however, because it has a comprehensive overview of Profit.ly.
What is Profit.ly? Profit Margin
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. 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 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. 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.
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. Profit Margin
Cost per month: $20.95
The next plan offers all the benefits found in the previous one.
Only one exception is the inability to see other traders’ 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
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
Get a Free Account
Now you might be asking, is there 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 your account statistics
- View 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.
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.
Tim Sykes, the founder of this company, is the first person you’ll meet. 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 will be able to enjoy the benefits of TIm’s Alerts and also video lessons from him.
To prove the legitimacy of his package, his own reputation is not only something to be amazed. 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. 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.
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, like with Tim Sykes’ Pennystock, gives you all the benefits of the previous package but also includes
- Video lessons
- Premium search reports
- Track earnings
- IPO tracker
The last guru to mention is Michael or Triforce. 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. 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. The cost for this package is a monthly payment of $197.
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.
The price tag is the only thing that is a problem with this website. It can be daunting to pay a high monthly fee for any package. There is always the possibility of something happening. Your success is not guaranteed. Profit Margin
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. Its reputation is based on the positive track record of its gurus and the transparency system.
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. Learn from the best and create those figures today.
Frequently Asked Questions
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.
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. 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 good for me?
With the three options, if will depend on what you are looking for and what your goal is.
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.
Premium offers both the advantages and the convenience of premium if you are looking for them.