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?
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? Short Stock Risk Vs Reward Tim Sykes
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. The cool part is that you yourself can participate in.
The platform was founded by Tim Sykes and Michael Mosseri.
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.
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. There are three subscription options available: Pro, Trader, and Nuve.
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 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. Short Stock Risk Vs Reward Tim 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.
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 account statistics
- View 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.
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Subscribing 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 that you can subscribe to, but three that are worth noting are Tim Sykes, Paul Scolardi and Matthew.
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.
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.
Paul Scolardi stats say that his trades yield about +3.7 million in profit. His selling point is his intuition when it comes to which stock to purchase. 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
The last guru to mention is Michael or Triforce. Triforce, like the others, has a strong record that can help 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 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 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. Having to spend a very high price for any of the packages, and monthly at that, can be intimidating. Not to mention that when it comes to the stock exchange, there is also the factor of chance. Your success is not guaranteed. Short Stock Risk Vs Reward Tim Sykes
Trading may not be for everyone. Those who choose who participate in it are/should be aware of how difficult it can be.
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.
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. Profit.ly is a great way to learn from the pros and get those numbers today.
Most Frequently Asked Questions
Short Stock Risk Vs Reward Tim Sykes
Is this real?
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?
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 good for me?
With the three options, if will depend on what you are looking for and what your goal is.
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.