The stock exchange world can be an intimidating one to cross. It can be confusing to think about earning this way. 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. Do check out our article below, however, because it has a comprehensive overview of Profit.ly.
What is Profit.ly? Timothy Sykes Trader Challenge Mega
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.
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. Participants will be able interact with each other.
It also offers a leaderboard mechanic where you get to see who has makes the highest rated trade during that period. The cool part is that you yourself can participate in.
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 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. 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 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 notable limitation is that you are unable to make your profile private, making your activity visible to the online community. Timothy Sykes Trader Challenge Mega
Cost per month: $20.95
Trader
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.
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
This plan is the most expensive and last of the three. However, it offers all the benefits and features.
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?
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 account statistics
- Check out 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 |
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 and filter traders | x | x | x |
Analyze personal trades | x | x | x |
See the stats of others | 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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Pennystock silver is the premium option in his package plan, which costs about $149.95. You’ll be able enjoy TIm’s Alerts as well as 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.
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 is quick to spot a stock’s potential and makes it his business.
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
- Videos
- Premium search reports
- Earnings tracker
- IPO tracker
Triforce
The last guru to mention is Michael or Triforce. 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:
- 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. The cost for this package is a monthly payment of $197.
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. 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 Trader Challenge Mega
Trading may not be 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.
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 Trader Challenge Mega
Is this legit?
Despite all the above, there are still doubts. However, Profiy.ly can assure you that this service is legit and credible.
Transparency is key to ensuring that only legitimate traders and gurus are represented. 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. 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 best 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.
If you feel the need to have both, then premium offers all the benefits present.