Is Profits Unlimited worth joining for beginner traders?

Profits Unlimited is a financial investment newsletter which was formed in 2016.

Created by former Wall Street man and bank worker Paul Mampilly, the newsletter delves deeply into what stocks are most worthy of investment, which aren’t, and what the best timing is for investing in these particular stocks. It now has well over 80,000 subscribers and there have been a large number of cases of people, including students, who have made significant amounts of money after investing in successful stocks based on the advice of Profits Unlimited. It’s proven to be a popular source of information for beginner traders, with many starting up their trading careers based on the advice provided by the newsletter- but is it really worth joining?

Created by former Wall Street man and bank worker Paul Mampilly, the newsletter delves deeply into what stocks are most worthy of investment, which aren’t, and what the best timing is for investing in these particular stocks. It now has well over 80,000 subscribers and there have been a large number of cases of people, including students, who have made significant amounts of money after investing in successful stocks based on the advice of Profits Unlimited. It’s proven to be a popular source of information for beginner traders, with many starting up their trading careers based on the advice provided by the newsletter- but is it really worth joining?

It’s important that you’re able to trust the man in charge of a company you’re hoping to take advice from, and Paul Mampilly certainly has the pedigree. He worked on Wall Street for over twenty years, dealing with billions of pounds worth of stocks and trades over bis career. He worked from some giant companies, including the Royal Bank of Scotland and Swiss Investment Banks. He retired a few years ago in order to spend more time with his family, and that’s when he decided to found Profits Unlimited. He has gained widespread acclaim ever since, and really is an expert in his field. If you’re just getting started as a beginner trader, he is a great person to take advice from. He’s certainly been around the block and really knows his stuff, so it’s worth joining Profits Unlimited based on the reliability of the founder.

Before signing up to any newsletter, you should consider the price it will cost you to do so; this will help you decide whether or not it’s worth signing up for. It’s certainly not a cheap newsletter to sign up for, costing around £36 per month for the standard digital version of Profits Unlimited. There is also an upgraded subscription option for around £98 per month where you can access the digital newsletter and are supplied with a print version as well. While this may seem like a lot, it may pale in comparison to the money you could end up making. So it’s all about whether you are willing to make that kind of investment in the hope you’ll outstrip it easily with your returns. This certainly points to the fact that, as a beginner trader, this is a fair price to pay for what could be some invaluable tips from an expert.

Of course, before signing up to the newsletter you’ll want to know what information it actually gives you. Each month, Paul Mampilly recommends a number of stocks which he believes will be successful in the near or distant future. He then provides specific strategies and projects for each of his recommendations, giving you an expert opinion on how to deal with these kinds of stocks and trades. The newsletter also recommends an 8-12% stop loss, which means if your stock ever dips by those percentages you’ll automatically sell the stock. This is provided as a safeguard to stop you ever losing more than that amount of money. This is successful in minimising your losses while keeping your emotions in check, as you won’t be able to gamble on stocks which have resulted in such a loss. This is a great method to have at your disposal as a beginner trader, as you’ll be investing your money in a smart and measured way, reducing your chances of wasting your money and providing another reason as to why joining Profits Unlimited could be worth joining.

Paul Mampilly’s selection of stocks over the past few years have been, in most cases, successful. This certainly suggests that if you sign up to the newsletter, stick to its suggestions rigorously and put in the required effort, you’ll see long term benefits to your finances. As with any stocks and shares, if you are smart and sensible with your choices and stick to a good plan you’ll more than likely be successful. As shown by the results of various people who have backed Mampilly’s choices, you are likely to experience long term benefits to your finances if you continually follow his newsletter. It’s therefore probably worth signing up to Profits Unlimited if you’re looking for long term success, as it has already been proven that he can provide you with that.

As anyone who has experienced investing in stocks and shares before will know, there are numerous risks to consider before becoming involved in the process. This is no different when you’re signing up to Profits Unlimited and following the advice of Paul Mampilly. Despite the clear success his newsletter has provided for readers in the past few years, it’s really important you take into account the fact that not all of the stocks he recommends will be successful. He can’t see into the future, and therefore doesn’t know what the outcome will be for his selected stocks. He simply makes well educated predictions and shares them with his readers. You should also make sure that you don’t get too carried away at the beginning and invest too much money; start off small and get a taste for the process before you start investing any big amounts of money. This will stop you losing your money before you’ve even properly got going. At the same time, however, Profits Unlimited provides a good regulated platform to start out your trading on, stopping you from doing anything unwise while giving you well informed advice.

In short, Profits Unlimited is definitely worth signing up for if you’re a beginner trader. It’s run by a man who knows all the ins and outs of the business and knows what he’s talking about, it gives you great advice and has a good track record of successful stock picks, and it’s good value for money too. If you’re looking for a simple and easy to use newsletter for choosing stocks, Profits Unlimited should certainly be near the top of your options.