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.
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? Timothy Sykes Free Ebook
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. 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.
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.
This program will provide you with information about the legitimacy of the gurus you’ll see. 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 requires a monthly subscription. You are required to pay monthly in order to continue using the program. There are three subscription options available: Pro, Trader, and Nuve.
Novice
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 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 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. Timothy Sykes Free Ebook
Cost per month: $20.95
Trader
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
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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.
Now you are able to view the stats of other traders as well as create a private profile.
Cost per month; $74.95
Free Account?
Now you might be asking, is there 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. To fully use the program, it is recommended that you upgrade at least to a novice plan.
Even with this limitation, this is definitely still a valid option, especially if you are just starting out with the stock exchange.
| Novice | Trader | Pro | |
| Verify trades | x | x | x |
| Profits from tracks | x | x | x |
| Comment on trades | x | x | x |
| Join the leaderboards | x | x | x |
| Lead and follow traders | x | x | x |
| Message other traders | x | x | x |
| Sort & filter traders | x | x | x |
| Analyze personal trades | x | x | x |
| See the stats of others | x | x | |
| Private profile | x | x |
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. 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
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.
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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. 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 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, just like Tim Sykes’ Pennystock package, offers all the benefits but also includes
- Video lessons
- Premium search reports
- Earnings tracker
- IPO tracker
Triforce
The last guru to mention is Michael or Triforce. Triforce, like the others, has a strong record that can help boost his reputation.
The first package, Triforce Trader, 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. This package costs $197 per month.
All 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.
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. 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. Timothy Sykes Free Ebook
It may not be right 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.
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Frequently Asked Questions
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Is this real?
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?
The stock trade can be considered a community not very well known to the general public. The activity can be a bit of a 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. The issue that you may find with the novice is that you cannot have a private profile. You won’t have access to the stats of trader.
Premium offers both the advantages and the convenience of premium if you are looking for them.