Stock exchanges can be intimidating. It can be confusing to think about earning this way. This can lead to confusion.
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? Tim Sykes Milllionaire Challenge Review
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. 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. The cool part is that you yourself can participate in.
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 the co-founder responsible for building the program.
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. 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 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. You are also given the opportunity of participating in the leaderboard challenges.
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 Milllionaire Challenge Review
Cost per month: $20.95
The next plan offers all the benefits found in the previous one.
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.
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. Well you are in luck for there is an option to just use the account for free.
Once you signed up, you will be given the features present in the program including:
- Importing Trade
- View your account statistics
- View your ranking
- Access to community posts
You can see that the free account features are limited. 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
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 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. 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.
Pennystock silver is the premium option in his package plan, which costs 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.
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.
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
- Earnings tracker
- 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 website teaches you about stock exchange and teaches you useful techniques that you can use to benefit from your trades.
The price tag is the only thing that is a problem with this website. It can be daunting to pay a high monthly fee for any package. There is always the possibility of something happening. Your success is not guaranteed. Tim Sykes Milllionaire Challenge Review
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.
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.
Frequently Asked Questions
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Is this legit?
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. 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 best 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.