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? Randall Lane Timothy Sykes
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.
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 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 responsible for the program’s creation.
This program will provide you with information about the legitimacy of the gurus you’ll see. 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 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 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. Randall Lane Timothy Sykes
Cost per month: $20.95
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. 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
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
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
- 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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Subscribing 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 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. 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.
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.
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.
Superman Alerts is his first package. 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
- 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.
Triforce Trader is the first package and 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.
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.
The price tag is the only thing that is a problem with this website. 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. Whether or not your progress is deemed successful is not guaranteed. Randall Lane Timothy Sykes
Trading may not be 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. 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. Profit.ly is a great way to learn from the pros and get those numbers today.
Frequently Asked Questions
Randall Lane Timothy Sykes
Is this real?
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. It can be quite 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.
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.
Premium offers both the advantages and the convenience of premium if you are looking for them.