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. To get a comprehensive overview of Profit.ly, you may still want to check out our article below.
What is Profit.ly? Profitly Along The Market
Profit.ly is an online platform that connects you with financial experts who can teach you all about the stock exchange. 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.
You can also view the leaderboard to see which trades have been most highly rated during that time period. The cool part is that you yourself can participate in.
Michael Mosseri and Tim Sykes founded the platform.
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.
Subscription/Plans
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).
Novice
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. Participation in the leaderboard challenges is also possible.
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 notable limitation is that you are unable to make your profile private, making your activity visible to the online community. Profitly Along The Market
Cost per month: $20.95
Trader
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. 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
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Pro
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
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 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.
Novice | Trader | Pro | |
Verify trades | x | x | x |
Tracks profit | x | x | x |
Comment on trades | x | x | x |
Join the leaderboards | x | x | x |
Follow and lead traders | x | x | x |
Message other traders | x | x | x |
Sort and filter traders | x | x | x |
Analyze your personal trades | x | x | x |
View others’ stats | x | x | |
Private profile | 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. These gurus can be trusted based on Profit.ly trade verification. You can see if their trades also prove their legitimacy.
There are many gurus you can subscribe too, but Tim Sykes and Paul Scolardi are the most important.
Tim Sykes
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.
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Pennystock silver is the premium option in his package plan, which costs 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.
Superman
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 is quick to spot a stock’s potential and makes it his business.
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, just like Tim Sykes’ Pennystock package, offers all the benefits but also includes
- Video lessons
- Premium search reports
- Earnings tracker
- IPO tracker
Triforce
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:
- 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.
Overall Thoughts
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 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. 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. Profitly Along The Market
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.
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.
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Frequently Asked Questions
Profitly Along The Market
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?
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. 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 good 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. 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.