Swing trading is a popular trading strategy that allows investors to profit from short to medium term price movements. While swing trading can be a profitable strategy, it requires a considerable amount of time and expertise in technical analysis to execute effectively.
Fortunately, there are services available that can make it easier for investors to capitalize on market opportunities without the need for extensive analysis.
In this best swing trading alerts services article, we’ll cover seven of the best swing trading alerts services currently available to help investors save time and make informed trading decisions.
Before we dive into the details, let’s take a closer look at how swing trading alerts services work.
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How Do Swing Trade Alerts Work?
Swing trading alerts are the secret sauce that provides traders with the necessary information to make profitable trades effortlessly. These alerts are not limited to one medium but can be delivered via email, SMS, push notifications, or within a trading room.
The trade alert provider utilizes a blend of historical data, strategy, and market analysis to identify specific stocks or other financial instruments to trade at the perfect time.
Some swing trade alert services identify trading opportunities while streaming their desktop in real-time, while others analyze price swings independently and then send the alert to the subscriber.
Best Swing Trading Alerts Services: The Top 3
Mindful Trader
This stock picking service is ideal for no nonsense swing traders who want both picks and the rationale behind them. Backed by a twenty year track record and data driven analysis, Mindful Trader has a median return rate of 146%, far outpacing the S&P 500.
Founded by economist Eric Ferguson in 2020, this service was specifically designed for swing traders who lacked a reliable alert service.
Eric developed several investment scenarios and trading systems based on market conditions, trading patterns, and stock price action, providing his subscribers with pre market updates, live positions, and trade histories.
Eric’s swing trades come with a stop loss level, profit target, and exact entry price, and all have a two-week time limit. Mindful Trader ‘s focus on short term trading makes it an excellent complement to buy and hold strategies.
For just $47 per month, subscribers can receive swing trade alerts via email, SMS, push notifications, or within a trading room.
Scanz
Scanz is a powerful subscription service designed specifically for day and swing traders. By offering real-time scans of the entire U.S. market, traders can easily identify short-term momentum plays, giving them the control they need to make informed trading decisions.
While Scanz does require a bit more work than a simple stock picking service like Morningstar, its intuitive platform and preset filtering options make identifying strong swing trades simple and straightforward.
One of the standout features of Scanz is its complete customizability, which allows users to save multiple scans and restrict results using over 50 different pricings.
Unlike many similar products on the market, Scanz allows its results to be downloaded in CSV format, making it easy for traders to analyze and track their data.
In addition to its scanning capabilities, Scanz also provides real time swing trade alerts, giving traders access to infinite opportunities for profit by constantly assessing market data. Users can receive these alerts via email or on their PC, making it easy to stay informed and take action.
Overall, Scanz is an incredibly powerful news scanner and swing trading tool. While the $169 per month subscription fee may be steep for some beginning traders, the robust tools provided by Scanz are well worth the investment for traders of all levels.
Trade Ideas
Trade Ideas is a comprehensive stock scanner service that offers advanced features to help traders make informed swing trading picks. The standout feature of Trade Ideas is its prized stock scanner, but the platform offers much more than that.
For instance, the Holly AI feature uses pre-set trading strategies to execute trades on your behalf, making it easier for you to save time and boost your trading success.
In addition to this, Trade Ideas provides access to highly customizable stock scanners, charts, and other helpful resources that make it a more robust offering than some of the other services available.
The A.I. analyzes the financial markets to detect trading opportunities based on patterns that have worked well recently, and the stock alerts happen in real-time and work for over 8,000 U.S. and Canadian stocks.
Also, subscribers can define their scanner criteria to generate trading alerts based on their trading strategies.
Trade Ideas offers two subscription plans. The Standard plan costs $118 per month or $999 per year and includes access to pre-configured and custom scanners, charts, support, the trading room, and webinars.
The Premium plan costs $228 per month or $1,999 per year and unlocks access to the A.I. virtual trading analyst feature, the backtest engine, and auto trade with Brokerage Plus and A.I.
Final Thoughts
Swing trading alerts can be a valuable asset for any trader, especially those new to swing trading or lacking time and energy. With countless alert services out there, it can be overwhelming to know where to start.
Hopefully our best swing trading alerts services article has helped you make an informed decision.
In the world of finance, using swing trading alerts alone is not enough for a successful investor. It’s crucial to also utilize stock screeners and other tools available through a comprehensive day trading platform.
With the right approach, you can gain a holistic view of trading and maximize your success.
Disclaimer: The above references an opinion of the author and is for information purposes only. It is not intended to be investment advice. Seek a duly licensed professional for investment advice. Invest responsibly and never invest more than you can afford to lose.
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