The stock exchange world can be an intimidating one to cross. 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?
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? Timothy Sykes Guide
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.
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.
You can also view the leaderboard to see which trades have been most highly rated during that time period. The cool part is that you yourself can participate in.
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.
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. 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.
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 limitation is the inability to make your profile anonymous, so that your activities are visible to the entire online community. Timothy Sykes Guide
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. 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
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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
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. It’s recommended that you upgrade to at least a novice plan to fully utilize the program.
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 |
Tracks profit | 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 and filter traders | x | x | x |
Analyze your personal trades | x | x | x |
View others’ stats | x | x | |
Private profile | x | x |
Subscribing 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.
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’ll be able enjoy TIm’s Alerts as well as 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.
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, 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.
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. This package costs $197 per month.
Overall Thoughts
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.
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. Your success is not guaranteed. Timothy Sykes Guide
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. 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.
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Most Frequently Asked Questions
Timothy Sykes Guide
Is this legit?
Despite all the above, there are still doubts. 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. 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?
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.
Premium offers both the advantages and the convenience of premium if you are looking for them.