The stock exchange world can be an intimidating one to cross. 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. Do check out our article below, however, because it has a comprehensive overview of Profit.ly.
What is Profit.ly? Timothy Sykes Below Deck Season 5
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.
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 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.
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. You have the option to choose three subscription plans (Novice, Trader and Pro).
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.
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. Timothy Sykes Below Deck Season 5
Cost per month: $20.95
The next plan offers all the benefits found in the previous one.
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: $49.95
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
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 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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Subscribe 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. 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 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. Once his students started taking in his lessons, they have made a total $16 million altogether.
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 makes it a point to pick up on a stock’s potential before anyone else.
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
- Premium search reports
- Earnings tracker
- IPO tracker
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 includes the benefit of both investor indicators and active traders indicators. This package costs $197 per month.
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. There is always the possibility of something happening. Your success is not guaranteed. Timothy Sykes Below Deck Season 5
It may not be right 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. 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
Timothy Sykes Below Deck Season 5
Is this legit?
Despite all the above, there are still doubts. 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. 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. 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.
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.
Premium offers both the advantages and the convenience of premium if you are looking for them.