Tim Sykes Etrade

profitly-review

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?

Don’t worry, Profit.ly might be what you need.

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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? Tim Sykes Etrade

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. They offer sessions that will help you get the most from your investments and ensure they are beneficial for you long-term.

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.

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.

In terms of the legitimacy of the gurus that you will see, well this program’s got you covered. 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 membership plan. This membership plan allows you to join the online community and gain access to a lot 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. Tim Sykes Etrade

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.

This option is for you if you value privacy online and don’t want others to see your trade statistics.

Cost per month: $49.95Tim Sykes Etrade

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Pro

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

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
  • Check out your ranking
  • Access to community posts

As you can see, the features of a free account are limiting. 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
Get on leaderboards x x x
Follow and lead traders x x x
Message other traders x x x
Sort & filter traders x x x
Analyze your personal trades x x x
See the stats of others 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. 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

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.

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.

trading-stocks

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The premium option of his package plan is Pennystock silver, which runs about $149.95. You’ll be able enjoy TIm’s Alerts as well as 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

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 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
  • Track earnings
  • 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. You get the following:

  • Chat rooms Triforce
  • 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. This package costs $197 per month.

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. Tim Sykes Etrade

Trading may not be 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. 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.

using-computer

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Frequently Asked Questions 

Tim Sykes Etrade

Is this real?

Even with what was mentioned, you might still have doubts floating in your mind. 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. 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. 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. You may be frustrated that novices cannot create a 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.

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