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?
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. To get a comprehensive overview of Profit.ly, you may still want to check out our article below.
What is Profit.ly? Profitly Arick Russel
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. 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.
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 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.
Subscription/Plans
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).
Novice
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 limitation is the inability to make your profile anonymous, so that your activities are visible to the entire online community. Profitly Arick Russel
Cost per month: $20.95
Trader
The next plan includes all of the benefits that were offered in the previous plan.
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
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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
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.
Once you signed up, you will be given the features present in the program including:
- Importing Trade
- View account statistics
- Check out 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.
| Novice | Trader | Pro | |
| Verify trades | x | x | x |
| 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 | |
| Private profile | x | x |
Subscribing to Gurus
Once you have subscribed, you are now able to make an account and connect with aforementioned 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 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. Once you see his figures, you’ll be astonished to find out that they set comfortably around +$4.7million.
Tim Alerts is the first tier of his package plan. You will get instant access to chatrooms as well as 5-10 stock watchlists that are updated daily.
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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.
His own reputation is more than enough to prove his legitimacy. His students began taking his lessons and have since made $16 million.
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 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
Triforce
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. 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 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. Your success is not guaranteed. Profitly Arick Russel
It may not be right for everyone. It can be difficult for those who decide to participate.
The website will assure those who decide to take part that they are getting their money’s worth. Its reputation is based on the positive track record of its gurus and the transparency system.
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.
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Frequently Asked Questions
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Is this legit?
Despite all the above, there are still doubts. 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?
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. 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.