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 Student Portal
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. 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 is a subscription-based program. To continue using the program, you will need to pay monthly. There are three subscription options available: Pro, Trader, and Nuve.
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 view the stats and trades for other users, as well as interact by commenting. Participation in the leaderboard challenges is also possible.
This plan has some limitations. 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 Student Portal
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.
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.
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.
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. 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 |
Profits from tracks | x | x | x |
Comment on trades | x | x | x |
Get on 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 |
Subscribe 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 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. 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.
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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. Once his students started taking in his lessons, they have made a total $16 million altogether.
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.
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
- Track earnings
- 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. You get the following:
- Chat rooms Triforce
- 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.
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 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. Whether or not your progress is deemed successful is not guaranteed. Timothy Sykes Student Portal
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. The positive track record of the gurus, as well as the transparency system make its reputation that of a positive and credible one.
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. Learn from the best and create those figures today.
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Most Frequently Asked Questions
Timothy Sykes Student Portal
Is this legit?
Even with what was mentioned, you might still have doubts floating in your mind. Profiy.ly can however assure you that the service is legitimate and reliable.
Transparency is key to ensuring that only legitimate traders and gurus are represented. 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. 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.