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Best Swing Trading Alerts Services | 11 Services to Elevate Your Gains

Swing trading is a unique trading style that sits comfortably between day trading and long-term “buy and hold” investing. It offers lucrative trading opportunities for those who can capitalize on short- to medium-term price movements in the financial markets. However, to consistently achieve your profit target, this trading strategy demands a significant amount of time, effort, and a solid understanding of technical analysis.

What if there was a way to enjoy the benefits of swing trading without needing extensive expertise or dedicating large portions of your time? The good news is that there are numerous swing trading alerts services available that equip Traders with all the necessary information to swing trade profitably.

To help you navigate through the plethora of swing trading alert services and save your time, this article will discuss seven of the best swing trading services available in the market. But before we delve into that, let’s quickly understand what you should look for when choosing a swing trading alerts service.

Overview of Best Swing Trading Alerts Services

Choosing a swing trading alert service requires careful consideration. Some services only offer trading alerts, while others provide more comprehensive trading systems. Depending on your specific trading goals and needs, one or more of these services may be the perfect fit for you.

Here are some key factors to consider when evaluating a swing trading alerts service:

Track record – Has the swing trading alerts service just started, or does it have a long-standing reputation? If it’s a new service, are experienced traders running it with a history of successful swing trades? It’s crucial to be cautious about investing your money in services without a proven track record.

Value delivered – Most swing trading alerts services operate on subscription plans, either monthly or yearly. Therefore, it’s essential to evaluate how the service will deliver a good ROI (return on investment), especially if the subscription is expensive. For instance, consider whether you have the necessary funds to invest to recoup the subscription cost.

Educational resources – Some services offer more than just swing trade alerts. Do they include educational resources to help you understand the swing trading strategy behind the alerts? While you might want to simply follow the real-time alerts, learning the rationale behind the recommendations can be beneficial.

Community support – Beyond alerts and educational resources, does the subscription offer any additional perks? An active community of members discussing trading ideas and market commentary can be a valuable resource, especially for newer traders who can learn from more experienced ones.

The best swing trading services excel in these areas, among others. By evaluating a service based on these factors, you can choose a high-quality service that suits your needs.

These factors have been considered while compiling a list of eleven of the best swing trading alerts services. Read on to discover these services, such as Stock Advisor, known for its impressive annual return, and understand why they have made it to our exclusive list.

11 of the Best Swing Trading Alerts Services

The Motley Fool Stock Advisor

With a long track record, The Motley Fool has been helping everyday investors make money since the 1990s. While the Stock Advisor service is their flagship product, they also offer The Motley Fool Options, designed specifically for options traders back in 2009.

Motley Fool has a strong brand name and an overall solid track record with stock-picking, so the Motley Fool Options service is likely a good service. That said, it doesn’t come cheaply at $999/year for the full, non-sale price.

One thing that differentiates the Motley Fool’s options alert service is the fact that it doesn’t necessarily focus on shorter-term options trades like many of its competitors. Depending on your personal needs and preferences, this may be either a strong or weak point for you.

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The Motley Fool Rule Breakers

Running for about two decades now, The Motley Fool Rule Breakers is one of their most popular subscriptions along with the flagship Stock Advisor service. Whereas the Stock Advisor service trends a little more conservatively, aiming to provide a mix of both value and growth stocks, Rule Breakers aims primarily at pure growth plays.

While this doesn’t exactly set up subscribers for a well-diversified portfolio, it is a great resource to consider for shorter-term swing and day trading, especially since the Motley Fool often recommends securities that have a lot of buzz (e.g. TSLA, BTC, etc.). As these stocks often have higher beta, Swing Traders can benefit more from this volatility.

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Mindful Trader

Mindful Trader is a stock-picking service that appeals especially to no-nonsense swing traders. With an impressive track record and data-driven analysis, Mindful Trader is a strong option for traders who appreciate having both picks and the why behind them.

Backtested over twenty years, Mindful Trader boasts a 146% median return rate, which far outpaces the S&P500. The co-founder of Mindful Trader, Eric, graduated from Stanford with an Economics degree and designed this service specifically for swing traders, who he felt didn’t have a strong swing trading alert service out there. (The Motley Fool, for example, tends to recommend making a portfolio of a dozen or two picks and holding them for at least five years.)

Although it might be a bit pricey for newer traders, Mindful Trader has helped deliver huge gains for many traders of all levels.

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Morningstar

Morningstar is a leading investment research and management company. Most traders know Morningstar’s often-quoted stock ratings, research, and analyses. In addition to the basic information and tools Morningstar provides for free, or that traders may have access to via their broker, Morningstar offers a Morningstar Premium subscription that may appeal to swing traders.

While not a swing trading alert service in the quite the same way as the other offerings reviewed here, Morningstar’s Premium platform provides comprehensive analysis and tools to help swing traders make well-informed picks of their own. Plus, with Morningstar Direct, users can create their own trading alerts that arrive via email. This is a great way for traders to set up their own personalized swing trading alert service.

It may appeal less to busy 9-to-5ers or brand-new traders, but Morningstar Premium is the cream of the crop when it comes to reliable data, research, analysis, and tools for making informed investments.

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TradingView

TradingView is a versatile platform that offers a multitude of features specifically beneficial for swing traders. It provides robust charting capabilities, including over 15 customizable chart types, the ability to display up to 8 charts per tab, and the flexibility to create custom time intervals. These features allow swing traders to analyze short to medium-term price movements effectively.

The platform is equipped with a vast library of pre-built studies, over 90 intelligent drawing tools, and a suite of tools for comprehensive market analysis. These tools are particularly useful for swing traders who rely on technical analysis to identify trading opportunities.

One of the standout features of TradingView for swing traders is the Bar Replay function. This feature allows traders to review historical price data, enabling them to backtest their swing trading strategies and learn from past market conditions.

TradingView also offers a strategy testing feature, allowing swing traders to simulate real trading on their charts. Traders can test both ready-made and self-written strategies in real time based on historical data, which is crucial for refining swing trading strategies.

The platform’s powerful trading alerts are another boon for swing traders. These alerts, powered by Pine Script™, can be set to trigger on various conditions, ensuring that swing traders never miss a potential trading opportunity.

TradingView also provides comprehensive financial analysis, including an extensive volume of fundamental data for all major stock exchanges. This feature can help swing traders understand the broader market context in which they are trading.

Finally, TradingView is not just a trading platform, but also a social network for traders. Swing traders can benefit from the collective wisdom of the community, discovering new trading ideas, sharing their own analysis, and learning from others.

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Trade Ideas

While Trade Ideas’ main feature is its prized stock scanner, its advanced features can easily be used to make well-informed swing trading picks. For example, the Holly AI feature uses pre-set trading strategies and can even conduct your swing trades on your behalf. This is one way that Trade Ideas can help save you time and energy while also helping you boost your trading success.

Another great aspect with Trade Ideas is the access it provides to highly customizable stock scanners, charts, and other helpful resources. This makes Trade Ideas more of a robust offering than some of the other offerings reviewed here, such as the standalone Motley Fool subscriptions.
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MetaStock

MetaStock is a global leader in market analysis tools and has been providing award-winning charting and analysis tools for the self-directed trader for over 30 years. The platform capitalizes on technical analysis and offers a line of trading software and market data designed for active traders of all levels. This allows traders to backtest, scan, and analyze the markets with confidence.

MetaStock provides buy and sell signals that traders can rely on. It caters to day traders, swing traders, and EOD traders, offering them the ability to trade stocks, options, futures, FOREX, and more.

The platform prides itself on being the best charting software available to the private trader. It may not be the cheapest option on the market, but its comprehensive tools and reliable signals make it a worthwhile investment for serious traders.

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Seeking Alpha

Seeking Alpha is a platform that offers stock market analysis and tools for investors. It empowers investors to make the best investing decisions by leveraging independent and balanced stock research, fundamental analysis tools, crowdsourced debate, reliable news, and actionable market data.

The research on Seeking Alpha is created by investors, for investors. It is carefully vetted by in-house editors and then read and debated by millions of people. The platform provides diverse opinions on each stock so that investors can weigh the bull and bear case and make an informed decision.

Seeking Alpha’s news enables investors to understand why the market and the stocks in their portfolio are moving or are about to move. Investors read the financial news to gain insight into stocks’ future earnings and price trajectory, and to find new and exciting opportunities.

The platform also offers professional-caliber tools to every investor. Its factor grades and quant rating summarize each stock’s characteristics, and SA analyst ratings provide a snapshot of the analysts’ qualitative opinions.

Seeking Alpha’s community includes everyone from new investors to fund managers. The platform helps them to invest successfully, thereby helping them to achieve life goals such as buying their first house, sending their children to college, and securing their retirement.

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TradeStation

TradeStation is a platform that offers online trading and brokerage services. It provides a suite of powerful trading technology, online brokerage services, and trading education all under one roof. The platform caters to various types of traders, offering the ability to trade stocks, ETFs, options, futures, and even cryptocurrencies.

TradeStation is known for its cutting-edge trading technology that provides power, reliability, and mobility. It also offers various account types tailored to your needs. The platform is designed to give traders the ultimate trading experience, with plans starting at just $99 per month that can be seamlessly integrated with your broker of choice.

TradeStation also prides itself on its customer service, providing support when traders need it. It offers a wealth of market insights, education, and resources for both new and seasoned traders. The platform also has a simplified zero commissions pricing for stocks, options, and futures, allowing traders to spend their time trading, not wondering what it costs.

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Scanz

Scanz is a subscription service that caters specifically to day and swing traders. Like the name suggests, this service provides a real-time scan of the entire U.S. market, which traders can leverage to identify short-term momentum plays. As with Morningstar, this requires a little bit more work than a pure stock-picking service, but some traders will appreciate this approach for the control it provides.

Other plusses for Scanz include how intuitive the platform is, as well as the preset filtering options that make identifying strong swing trades simple and straightforward. Scanz does cost around $169 per month, which may be a lot for some beginning traders, but it definitely provides a robust tool for traders of all levels.

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Motley Fool Everlasting Stocks

Last but not least on our list is the Motley Fool’s Everlasting Stocks subscription. It works similarly to the Stock Advisor and Rule Breakers offerings in that members will receive two new recommendations each month, as well as access to the backlog of recommendations and some of the other resources included with the Stock Advisor subscription.

Whereas Rule Breakers is more on the high-risk, high-reward side of the spectrum, Everlasting Stocks is all about the other side. These are those slow and steady winners that produce huge returns over time thanks to their market dominance, strong management, and the magic of compounding dividends.

While much less sexy than the Teslas and cryptos of the trading world, these picks can be part of a diversified portfolio. And despite their lower beta, swing traders can still profitably trade them by using scalping and other strategies.
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Best Swing Trading Alerts Services | Which Is Best for You?

The best swing trading alerts service can benefit any trader, and especially those who are completely new to swing trading (or who simply lack the time and/or energy).

With dozens and dozens of alert services out there, however, it can be tough to know where to begin. Fortunately, this article did this due diligence and assembled the above list so you have a good idea of what your best options are and how they align with your unique needs and preferences.

So long as you consider the above list and do a bit of due diligence, you’ll be in good shape. Just remember that swing trading carries a certain measure of elevated risk, and there’s no guarantee that a trading alert service will make you money (as they will be sure to tell you in the fine print).

Even the best traders make losing trades—ultimately, it’s about making more gains than losses over time, which a swing trading alerts service may help you achieve.

Related Stock Screener Reviews:

  • Motivewave Review
  • TradingView Review
  • Stock Rover Review
  • TC2000 Review
  • Trade Ideas Review
  • MarketXLS Review
  • Wallmine Review
  • Bookmap Review
  • Scanz Review
  • Best Stock Screeners
  • Best Stock Research Websites

The post Best Swing Trading Alerts Services | 11 Services to Elevate Your Gains appeared first on Modest Money.



This post first appeared on Modest Money Investing News And Personal Finance B, please read the originial post: here

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