Best Swing Trade Alert Services - Based on Research
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Swing trade alert services can play a major role in an investor's ability to generate profits. They give investors timely notifications when a potentially profitable stock trade opportunity arises.
There are a lot of swing trade alert services. With so many options available and so many hucksters in the industry, it's important to ensure you're getting alerts from a bonafide and reputable trade alert service.
Swing trading can be a great way to make money in the stock market, but it comes with risk and it can be hard to spot trading opportunities in real time. You can address both by paying for a good swing trade alert service.
Swing Trading: An Overview
A swing trader looks for ways to profit from price movements in the stock market.
Swing trading involves taking positions in stocks, options, or other securities and holding them for a short period, usually a few days to a few months.
The time frame that a swing trader holds a position falls between that of a day trader (who holds an investment position for less than one full day) and a long-term investor (who holds an investment position for years).
Swing traders can use many different trading strategies, but it's important to thoroughly understand the market and the underlying security before making any trades. That way, you can minimize your risks and maximize your potential profits.
Benefits of Using a Swing Trade Alert Service
Swing trade alert services offer timely updates on potential trade opportunities as well as expert commentary and analysis.
In other words, a swing trade alert service is like a stock picking service that gives you real-time notifications when new trading opportunities arise.
The types of alerts vary by service. Alerts are sent by email, text message, discord server, trading chat room, or web browser, depending on the service.
The types of trade opportunities that get alerted will vary based on your chosen swing trade alert service. Some base their trade alerts on technical analysis (typical for swing trade strategies), whereas others base it on recent news or fundamental analysis of the stock or company.
The beauty of a swing trade alert service is that they simplify your decision-making process for making investments. You get the alert, decide if you like the trade idea, and then simply open your stock trading app and buy the stock.
Each service has its own unique expertise in the stock market, and we cover those in detail below for each trade alert service on our list. It's up to you to choose the type of commentary and analysis you want from a swing trading service.
There are various swing trade alert services on the market, each tailored to meet individual trading styles and preferences. Most require recurring subscriptions. Service coverage can range from comprehensive to specific markets or asset classes.
Real-time or delayed alerts are also available from different providers, so choose the best service for your needs.
Best Swing Trade Alert Services
Here is our list of the best swing trade alert services. Use the information below to determine which is the best fit for you.
The Mindful Trader trade alert service is run by one guy, Eric Ferguson. He’s a legitimately nice and caring person, which is a breath of fresh air in this industry. (And a bonus is that he’s so fast at responding to emails!)
Eric did years of research on stock market price tendencies. So when he sends a swing trade alert, it’s because he knows from history that the trading strategy has historical odds in its favor.
That’s a big difference from many other trade alert services, which make trades based on gut instincts rather than historical evidence. It’s a more scientific approach to trading than flying by the seat of the pants.
His trade alerts are for swing trades, which means that most trades last several days. And he normally sends about 10 trade alerts per week, although it varies.
The trade alerts look like this most times:
You can tell that it’s pretty simple. Stop losses and profit targets are assigned upfront and each trade has a time limit. You can use any trading platform you want to make the trades.
So once you see the trade information, you set up everything at the start, and then you don’t have to worry about it anymore until the time limit hits. It’s a set-it-and-forget-it type of swing trade alert service and typically only takes a few minutes to set up each trade once you get used to it.
That image shows examples of stock trades he posts. He also alerts members to options trades he makes. He has a following of people who are focused entirely on his options swing trade alerts.
He also teaches his trade strategies. He caters pretty well to beginners and has videos that teach how to buy stocks for those who are at square one and just getting started.
One downside to the service: he doesn't send actual texts or real-time alerts. He simply publishes the trades on his website, which is his way of alerting subscribers. He says most trades show up in the first 15 minutes of the stock market opening each day. He points out that if you want real-time alerts, you can enable them using a third-party service.
What we love most about Mindful Trader, aside from the fact that there’s so much intelligence that’s gone into his trade decisions, is that this guy is totally transparent and honest.
There are some periods where his trades don’t do well, but he doesn’t hide that. He puts his trade performance out in the open for everyone to see. And he doesn’t make a secret of the fact that there are periods of strong profits and also periods with no profits or drawdowns.
With some other swing trade alert services, they claim to make endless profits without ever losing. In our experience, that’s just not possible, and we’ve tried a lot of trade alert services. So when one of these services makes it clear up front that there are periods of losses, that’s appealing to us because it reflects the type of candor we want from a swing trading service.
He’s a little more aggressive with his position sizing than what we would prefer, but he gives you a calculator so that you can calculate how to do half his position size, which is just about perfect for us.
Overall, Mindful Trader is right for someone who is looking to generate long-term wealth, is willing to commit about 15 minutes per weekday to managing trades, and wants to be educated by someone who takes a very academic approach to trading.
Investors Underground is known as one of the most popular day trading chat rooms on the internet, but they also have a vibrant swing trade alerts service.
Michele Koenig is the one who manages the swing trade service, and she has years of experience doing it. She was featured in the book "Momo Traders" and says she averages roughly a 50% return per year.
With this service, you can access one of the better stock trading courses out there. The instruction comes in the form of video tutorials made by Michele and includes swing trading strategies.
The swing trade alerts come from the chat room, where Michele and others in the group call out trade opportunities.
With traders worldwide, Investors Underground provides clear and concise trade alerts that are easy to follow. The Investors Underground community is incredibly supportive, making an excellent environment for new traders who are still growing and learning.
Combine all this, and Investors Underground offers an excellent swing trade alert service. As with similar alert services, the stocks or options they pick are based on real-time market conditions, which can change rapidly.
You must subscribe to their services to receive their swing trading alerts, which cost $297 a month or $1897 annually.
Investors Underground may be the best option for you if you are looking for a community experience in addition to a full slate of swing trading educational material.
Swing Trading Club
The Swing Trading Club is a service that uses a discord server as a swing trading chat room.
The alerts for swing trade opportunities come from within the discord chat and are provided by the community members. They have channels within the group specializing in stock and options swing trades.
We tested out the service ourselves. There is a channel in their chat room for Stock Trade Call-Outs, which is where you get the swing trade alerts for stocks, and one member called out a trade to buy the ticker CRH at the opening bell and said he'd be setting the profit target at $2 higher than his entry price.
We followed the trade in a paper trading account, and sure enough, it hit the profit target a few days later. We liked how easy it was to follow his trade alert.
We noticed that the participation levels in the chat room seem to vary. There are hundreds of members, but at times the activity is minimal. At other times the chat room is hopping. Activity levels seem to correspond with the state of the stock market.
The Swing Trading Club also has a swing trading course that teaches most of the major swing trading strategies that are popular today. We didn’t find the course to be particularly extensive.
The Swing Trading Club is the most affordable of all the services on our list. It's only $19 per month.
Trade alerts from this service are only sent during market hours, so if you are not available to monitor your trades throughout the day, you may miss some potential profits.
This service might be the right fit for you if you are looking for an affordable way to get your foot in the door with swing trade alerts. It's also good for you if you like the idea of joining a community of like-minded traders.
You can take advantage of short-term price fluctuations in stocks and options with swing trade alert services, which offer timely notifications when trade opportunities become available. Above are our picks for the best swing trade alert services on the market.
You have a better chance of maximizing your profits from swing trading if you find a service within your budget that provides reliable alerts.