Stock exchanges can be intimidating. 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. Do check out our article below, however, because it has a comprehensive overview of Profit.ly.
What is Profit.ly? Profitly Newsletter
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. 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. You can also participate.
The platform was founded by Tim Sykes and Michael Mosseri.
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.
Profiy.ly is a subscription-based program. 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 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. Profitly Newsletter
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. This is however a tradeoff. You can now create a private account.
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
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
- 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.
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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Subscribe 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.
Tim Sykes, the founder of this company, is the first person you’ll meet. You’ll be amazed to see the figures and realize that they are comfortably at +$4.7 million.
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.
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. Once his students started taking in his lessons, they have made a total $16 million altogether.
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.
His first package is the Superman alerts. 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
- Premium search reports
- Track earnings
- 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 includes the benefit of both investor indicators and active traders indicators. This package costs $197 per month.
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. Your success is not guaranteed. Profitly Newsletter
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.
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
Is this legit?
Despite all the above, there are still doubts. However, Profiy.ly can assure you that this service is legit and credible.
The idea of putting a transparency system ensures that legit traders and gurus are present. 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. It can be quite 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?
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. 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.
If you feel the need to have both, then premium offers all the benefits present.