With the buzz surrounding Mindful Trader and its stock picks and alerts, you may find yourself wondering whether this stock market research service genuinely meets expectations.

This article will provide you with a comprehensive review of Mindful Trader and an introduction to its founder, Eric Ferguson, without over-emphasizing its positives to keep the evaluation balanced and mild.

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Mindful Trader Review: Weighing the Pros and Cons

Are you still contemplating trying to piece together a Mindful Trader Review to ascertain if it aligns with your needs? A straightforward list of pros and cons might aid you in determining whether this program resonates with you.

Pros

• Compared to analogous trade alert services, Mindful Trader is reasonably priced.
• Expect multiple stock trade alerts in your inbox daily, requiring minimal effort or market know-how on your part.
• The returns of Mindful Trader are straightforward to monitor.
• The educational content provided lays a robust foundation for stock trading.
• The trading strategy is anchored on over 20 years of historical data.

Cons

• The service does not integrate with brokerages/trading accounts.
• Mindful Trader’s alerts focus on options, futures, and stocks, excluding penny stocks.

Mindful Trader Overview 

Mindful Trader, conceptualized by Eric Ferguson, is a service aimed at those keen on trading, particularly when time constraints hinder learning through trial and error.

The service, while beneficial for beginners, offers a continuous stream of alerts that even advanced traders find valuable.

The core of Mindful Trader involves swing trading, options trading, futures trading, and short-term stock trading.

It also extends insights and educational content, including videos, to help you develop trading skills and understand market conditions.

Mindful Trader Review: What’s Included?

When you sign up for Mindful Trader, you’ll receive several benefits. You get trade alerts, a chance to contact Eric Ferguson directly, backtesting information, education, and access to the Wealthy Heart blog.

Founder’s Approach

Eric Ferguson employs backtested trading strategies, analyzing 20 years of stock performance to identify trends and patterns. This approach aids those who prefer a more hands-off trading style, as it doesn’t necessitate constant screen monitoring.

Eric Ferguson’s dedication to this method makes the service particularly appealing to individuals who are engaged with other commitments but still wish to explore trading opportunities.

Strategy Foundation

Mindful Trader’s strategies encompass a diverse portfolio and historical rigor, ensuring adaptability and mitigating risks associated with market fluctuations.

The service employs scenario simulations, strategy distinctiveness, cross-period validation, and continuous monitoring to maintain its robustness.

These strategies aim to provide you with a clear and transparent picture of potential returns, allowing you to make informed decisions.

Operational Methodology

Mindful Trader operates by issuing trade alerts that last, on average, three to seven days. These alerts, sent via text and email, detail the exact ticker purchased, the price paid, the set profit target, and stop loss, allowing you to replicate trades swiftly.

The service aims to ease the process for traders to buy and hold a few stocks per week, offering a chance at profitable swing trades with a statistical edge.

Is there a Mindful Trader App?

As of now, there’s no Mindful Trader app that you can download. However, you still get trade alerts through SMS and emails. These messages can be easily accessed on your phone, so you don’t miss out on timely information.

Mindful Trader Trade Alerts

The trade alerts from Mindful Trader are the main feature of this service. They guide you in making swift decisions to grow your portfolio and profits. These alerts come one to three times a day, mainly between 6:30 a.m. and 3 p.m. Pacific time.

They reach you through your phone or email, detailing the stock name, the price paid, and the exit and stop-loss information. This way, you can set your parameters to match Ferguson’s and then wait for the results.

Why Swing Traders Love Mindful Trader

The precise alerts from Mindful Trader are very appealing. You receive clear information and reasoning for each trade, helping you make informed decisions.

The service also clearly defines stop-loss prices and specifies a maximum holding duration, safeguarding your investments from prolonged market unpredictability.

Backtesting (20 Years)

Eric Ferguson bases his strategies on extensive backtesting spanning two decades. This process tests trading strategies against past market data to measure their effectiveness.

While not perfect, it’s a valuable tool, especially for experienced traders. With Mindful Trader, you don’t have to worry about the complexities of backtesting, as Ferguson handles this for you.

One unique aspect of Mindful Trader is that you get access to Eric Ferguson’s email. He is open to interaction and responds promptly to emails. This direct contact offers you a chance to gain insights and clarifications directly from the source.

Trader Education

Mindful Trader provides plenty of educational material to enhance your trading knowledge. The training library includes lessons on various trading strategies, making complex investing topics understandable through newsletters, whether you’re a beginner or an experienced trader.

The Wealthy Heart Blog, run by Eric, focuses on the value of mindfulness in analyzing economics. It offers calming strategies and tips on making money, giving you a better understanding of the Mindful Trader strategies and the mindset behind them.

Is Mindful Trader Legit?

Yes, Mindful Trader is a legitimate service offering insights into trading stocks, options, and futures. Eric Ferguson is transparent about his approach, focusing on data, research, and historical analysis.

He is committed to providing access to wise stocks and invites anyone not making a profit to contact him directly.

This swing trading alters service offers a comprehensive platform with powerful tools, an impressive track record, and educational purposes for both beginners and experienced investors. If you’re looking for a long-term investment strategy and don’t want to put your money at risk, Mindful Trader might be worth considering.

Performance and Insights

You might be wondering about the performance of Mindful Trader, and rightly so. Eric Ferguson, the transparent founder, doesn’t shy away from disclosing details. He openly shares the outcomes of every single trade alert since the inception of Mindful Trader.

This transparency allows you to gauge the kind of return his trade alerts could potentially offer before committing.

The official site of Mindful Trader reveals some noteworthy statistics. With 20-year backtesting, the average return reported is 143%, while the average account drawdown stands at 28%. Eric Ferguson doesn’t stop there; he extends an informative 12-minute video to potential subscribers.

This video, perfect for those testing the trading waters, showcases the performance of actual trades over a fortnight, elucidating what the results signify. This visual tool can be particularly beneficial if you’re a novice trader seeking a gentle introduction to the market dynamics.

Who is Mindful Trading Tailored for?

Mindful Trader has the potential to cater to a diverse audience, but it may resonate more with certain individuals. If you’re venturing into swing trading, options, and futures, this could be an ideal starting point. The commitment is merely a month, allowing you to assess the service without a hefty investment.

Experienced swing traders seeking a curated list of potentially profitable trades based on a robust analytical approach may also find value here. Additionally, if you’re a day trader transitioning into swing trading, the distinct insights offered by Ferguson could pave the way for a smooth shift.

Conclusion: Is Mindful Trader The Best Swing Trading Alerts Service

Mindful Trader serves as a platform for both novice and experienced traders to explore swing trading strategies and gain insights into the financial market.

The service’s detailed approach and diverse trading plans provide a balanced risk profile and a variety of trade ideas.

While Mindful Trader does offer a plethora of features and a systematic approach, we encourage investors to consider their individual needs and preferences when it comes to opting for a trading service. Click here to sign up and make the most out of your trading journey.

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