Swing trading is a trading style in between day trading and long-term “buy and hold” investing that can be a great way to profit off short- to medium-term price movements. For sustainable success, however, this trading strategy requires some considerable time and effort, not to mention a good grasp of technical analysis.
But what if there were a way to reap the benefits of swing trading without considerable expertise or spending huge chunks of your time? Fortunately, there are many swing trading alerts services out there that provide traders with everything they need to know to profitably swing trade.
To help you save time and figure out which swing trading alerts service might be right for you, this article will cover seven of the best swing trading alerts services on the market. First, though, let’s take a quick look at what you should consider when it comes to these services.
Best Swing Trading Alerts Services Overview
There’s a lot to consider when choosing a swing trading alerts service. Some of them only offer trading alerts, while others provide more comprehensive platforms. Depending on your unique trading goals and needs, one or more of them may be a great fit for you.
Here are some top factors to consider when exploring a swing trading alerts service:
Track record – Did this swing trading alerts service just get started this year or has it built a huge following over a decade or longer? If it’s a recent service, is it run by people with a history of successful swing trading? You should generally be wary about forking over your hard-earned money to people without any established track record.
Value delivered – Speaking of hard-earned money, most swing trading alerts services require a monthly or yearly subscription. So, it’s a good idea to try to assess how the service will provide you with a good ROI (return on investment), especially if the service is costly. For example, here’s an excellent question to consider: “Do I have the necessary funds to invest to make that money back?”
Educational resources – Some of these services provide much more than just swing trading alerts. For instance, are there any educational resources included? You may simply want to mimic the swing trade alerts provided, but it never hurts to work on learning for yourself so you know the why behind the recommendations given.
Community support – Does the subscription provide other perks beyond alerts or educational resources? One such perk to look for is whether or not there’s an active community of members exchanging trading ideas and market commentary. This can be a great way to learn more informally about trading, especially for newer traders who can stand to learn from more veteran ones.
The top swing trading alert services will perform well in these various categories (among others). By quickly judging a given service on these factors, you’ll be in a solid position to pick a high-quality service.
These factors have also been kept factors in mind while assembling a list of seven of the best swing trading alerts services out there (plus a few bonus suggestions). Read on to learn about them and why they’re on our exclusive list.
7 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.
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.
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.
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.
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.
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.
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.
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.
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