Stock exchanges can be intimidating. It can be confusing to think about earning this way. This can lead to confusion.
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? Tim Sykes Setting Up An E Trade Account
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.
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 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 is a subscription-based program. You are required to pay monthly in order to continue using the program. There are three subscription options available: Pro, Trader, and Nuve.
This is the lowest 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 notable limitation is that you are unable to make your profile private, making your activity visible to the online community. Tim Sykes Setting Up An E Trade Account
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. 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.
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. 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.
|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 personal trades||x||x||x|
|View others’ stats||x||x|
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. These gurus can be trusted based on Profit.ly trade verification. You can see if their trades also 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.
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.
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.
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 makes it a point to pick up on a stock’s potential before anyone else.
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, like with Tim Sykes’ Pennystock, gives you all the benefits of the previous package but also includes
- Video lessons
- 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.
Profit.ly should not be viewed as a quick way to get rich. 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. 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. Tim Sykes Setting Up An E Trade Account
It may not be right 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. The positive track record of the gurus, as well as the transparency system make its reputation that of a positive and credible one.
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
Tim Sykes Setting Up An E Trade Account
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. 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?
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. 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.