The stock exchange world can be an intimidating one to cross. The idea of earning in this manner can get confusing. 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? Timothy Sykes Penny Stock Summit
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.
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.
You can also view the leaderboard to see which trades have been most highly rated during that time period. You can also participate.
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.
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.
Subscription/Plans
Profiy.ly requires a monthly subscription. To continue using the program, you will need to pay monthly. You have the option to choose three subscription plans (Novice, Trader and Pro).
Novice
This is the lowest level 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 Penny Stock Summit
Cost per month: $20.95
Trader
The next plan includes all of the benefits that were offered in the previous plan.
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.
If you are someone who values online privacy or do not wish for others to see your trade stats, then this option can very well be beneficial for you.
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.
You can now view the stats and create a private profile.
Cost per month; $74.95
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.
After you sign up, you’ll be able to access the following features:
- Importing Trade
- View your 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.
| Novice | Trader | Pro | |
| Verify trades | x | x | x |
| Tracks profit | 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 and filter traders | x | x | x |
| Analyze your personal trades | x | x | x |
| See the stats of others | x | x | |
| Private profile | x | x |
Subscribing to Gurus
After you have signed up, you can create an account and connect to the 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 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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Pennystock silver is the premium option in his package plan, which costs 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. His selling point is his intuition when it comes to which stock to purchase. He makes it a point to pick up on a stock’s potential before anyone else.
Superman Alerts is his first package. 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
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. With it, you are granted:
- 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. The cost for this package is a monthly payment of $197.
Overall 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 website teaches you about stock exchange and teaches you useful techniques that you can use to benefit from your 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 Penny Stock Summit
It may not be right for everyone. Those who choose who participate in it are/should be aware of how difficult it can be.
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.
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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Most Frequently Asked Questions
Timothy Sykes Penny Stock Summit
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. 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?
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. 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.